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SILVER STREET COMMUNITY CHURCH

Registered charity 1178856 · accounts filings on the Charity Commission register

The principal activity of the church is the Proclamation of the Gospel of the Lord Jesus Christ in Edmonton and the surrounding area and through support of mission at home and abroad.

Causes: Religious Activities · website · Get email alerts

Latest income
£569k
Latest spending
£117k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a significant surplus on unrestricted funds of £451,049, largely driven by a legacy receipt. Per the trustees' report, the level of reserves is currently above the stated policy threshold of three months of expenditure, and the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £20,001 - £30,000 — below the median for charities its size (£60k)
“Remuneration during the year was paid to one trustee – Luke Crowter, totalling £30,384 (2023: £28,880) in respect of his employment as Pastor of the Church along with pension contributions of £2,279 (2023 £2,160).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £1.1m)
“The objective is that the reserves of the Church are sufficient to fund the activities for three months.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Luke Crowter received £30,384 remuneration and £2,279 pension contributions for employment as Pastor.
“Remuneration during the year was paid to one trustee – Luke Crowter, totalling £30,384 (2023: £28,880) in respect of his employment as Pastor of the Church along with pension contributions of £2,279 (2023 £2,160).” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Church provides staff accommodation at Bromley Road, London N17 to Luke Crowter, Pastor of the Church. No rent is paid for the occupancy of Bromley Road.
“The Church provides staff accommodation at Bromley Road, London N17 to Luke Crowter, Pastor of the Church. No rent is paid for the occupancy of Bromley Road.” — page 17
“Mr Crowter loaned the Church £33,500 interest free to facilitate the purchase of Bromley Road.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr Crowter loaned the Church £33,500 interest free to facilitate the purchase of Bromley Road.
“The Church provides staff accommodation at Bromley Road, London N17 to Luke Crowter, Pastor of the Church. No rent is paid for the occupancy of Bromley Road.” — page 17
“Mr Crowter loaned the Church £33,500 interest free to facilitate the purchase of Bromley Road.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £587k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2024)

Total income
£569k
Total spending
£117k
Reserves (reported)
£393k
Employees
2

Reported reserves equal ~40.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Enfield

Income and spending

Financial year endIncomeSpending
31/12/2024£569k£117k
31/12/2023£155k£129k
31/12/2022£95k£93k
31/12/2021£83k£76k
31/12/2020£695k£119k

Common questions

Is SILVER STREET COMMUNITY CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity generated a significant surplus on unrestricted funds of £451,049, largely driven by a legacy receipt. Per the trustees' report, the level of reserves is currently above the stated policy threshold of three months of expenditure, and the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

What does the highest-paid employee of SILVER STREET COMMUNITY CHURCH earn?

Per its FY2024 accounts, the highest-paid employee was in the £20,001 - £30,000 band.