SILVER STREET COMMUNITY CHURCH
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.
Objects
THE PURPOSES OF THE CHURCH ARE: 1 THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE BASIS OF FAITH PRIMARILY BUT NOT EXCLUSIVELY WITHIN THE LONDON BOROUGH OF ENFIELD AND THE SURROUNDING NEIGHBOURHOOD; AND2 SUCH OTHER CHARITABLE PURPOSES AS SHALL, IN THE OPINION OF THE MEMBERS OF THE CHURCH IN GENERAL MEETING, PUT INTO PRACTICE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE BASIS OF FAITH, INCLUDING BUT NOT LIMITED TO: THE PREVENTION AND RELIEF OF NEED, HARDSHIP AND SICKNESS; THE ADVANCEMENT OF EDUCATION; AND THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE;PROVIDED THAT THE ADVANCEMENT OF SUCH PURPOSES MUST BE UNDERTAKEN IN A MANNER THAT IS CONSISTENT WITH THE DOCTRINAL DISTINCTIVES AND ETHICAL STATEMENTS AS MAY BE ADOPTED AND AMENDED BY THE CHURCH FROM TIME TO TIME IN ACCORDANCE WITH THE PROVISIONS OF THE CHURCH HANDBOOK.
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 of £393,508. The trustees report that the level of reserves is currently above the policy threshold of three months of unrestricted expenditure. The independent examiner confirmed that no matters came to their attention that would prevent a proper understanding of the accounts.
What the accounts disclose
“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
“The objective is that the reserves of the Church are sufficient to fund the activities for three months.” — page 5
“Mr Crowter loaned the Church £33,500 interest free to facilitate the purchase of Bromley Road. This is not an equity loan so does not confer any equity stake.” — page 17
“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. This is not an equity loan so does not confer any equity stake.” — page 17
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Volunteer management
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- LUKE CROWTERchair
- Jonathan Mark Shaw
- Mark Andrew Pibworth
- PATRICK MILES-SINYINZA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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 of £393,508. The trustees report that the level of reserves is currently above the policy threshold of three months of unrestricted expenditure. The independent examiner confirmed that no matters came to their attention that would prevent a proper understanding of the accounts. 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 £30,384 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MERCERS CHARITABLE FOUNDATION | 1 | £22k |
Charities like this
- GRACE COMMUNITY CHURCH, EDENBRIDGE
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON
- THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE"
- PARR STREET EVANGELICAL CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAULS, CAMBERLEY
- REDEEMER CHURCH CHESTER LE STREET
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SILVER STREET COMMUNITY CHURCH | £569k | £30,384 | 0 | above | — | no doubt |
| GRACE COMMUNITY CHURCH, EDENBRIDGE | £120k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON | £272k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD "CITY OF HIS GRACE" | £157k | — | 0 | unclear | — | noted |
| PARR STREET EVANGELICAL CHURCH | £283k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAULS, CAMBERLEY | £564k | — | 0 | unclear | — | no doubt |