FIRSTFRUITS GOSPEL FOUNDATION
The Charity receives applications for grants from various parties and assesses them against various criteria which, if met, result in the awarding of funds to support those works and ministries.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £6,702,004 and generated a net surplus of £36,058 for the year ended 30 June 2025. The trustees have determined that a reserves policy is unnecessary as operating costs are not significant at this early stage of development. The charity continues to adopt the going concern basis, with the board having a reasonable expectation of adequate resources for the foreseeable future.
What the accounts disclose
“The number of employees whose remuneration for the year fell within £60,000 to £69,999 was 1 (2024: nil).” — page 15
“The number of employees whose remuneration for the year fell within £60,000 to £69,999 was 1 (2024: nil).” — page 15
“During the year the company received donations of £1,681,377 (2024 - £1,782,132) from Pillar Investments II Pty Limited. Pillar Investments II Pty Limited is a related party by virtue of the shareholding R Pillar has in the ultimate parent entity of this company.” — page 19
“A loan of £69,039 (2024 - £99,840) was also provided to Housing Affordability Finance (HAF) Ltd during the year. This loan is repayable 10 years from when it was drawn and a return on investment is payable dependent on the level of profits derived from the application of these loans by Housing Affordability Finance (HAF) Ltd.” — page 19
“During the year the company received donations of £1,681,377 (2024 - £1,782,132) from Pillar Investments II Pty Limited. Pillar Investments II Pty Limited is a related party by virtue of the shareholding R Pillar has in the ultimate parent entity of this company.” — page 19
“A loan of £69,039 (2024 - £99,840) was also provided to Housing Affordability Finance (HAF) Ltd during the year. This loan is repayable 10 years from when it was drawn and a return on investment is payable dependent on the level of profits derived from the application of these loans by Housing Affordability Finance (HAF) Ltd.” — page 19
“During the year the company received donations of £1,681,377 (2024 - £1,782,132) from Pillar Investments II Pty Limited. Pillar Investments II Pty Limited is a related party by virtue of the shareholding R Pillar has in the ultimate parent entity of this company.” — page 19
“A loan of £69,039 (2024 - £99,840) was also provided to Housing Affordability Finance (HAF) Ltd during the year. This loan is repayable 10 years from when it was drawn and a return on investment is payable dependent on the level of profits derived from the application of these loans by Housing Affordability Finance (HAF) Ltd.” — page 19
“The charity also owns 100% of the share capital of Housing Affordability Finance (HAF) Limited, a company incorporated in England and Wales. The net liabilities of the company at the 31 July 2024 were £774,256 and its turnover for the year was £13,035.” — page 17
Year-over-year changes
- Employees paid over £60,000: 0 (FY2024) → 1 (FY2025).
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (03/07/2020)
Trustees
- Simon David Pillarchair
- John Riches
- REBECCA SYLVIA CHARLOTTE PILLAR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.9m | £2.0m |
| 30/06/2024 | £1.8m | £454k |
| 30/06/2023 | £1.1m | £1.4m |
| 30/06/2022 | £5.8m | £953k |
| 30/06/2021 | £131k | £154k |
Common questions
Is FIRSTFRUITS GOSPEL FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £6,702,004 and generated a net surplus of £36,058 for the year ended 30 June 2025. The trustees have determined that a reserves policy is unnecessary as operating costs are not significant at this early stage of development. The charity continues to adopt the going concern basis, with the board having a reasonable expectation of adequate resources for the foreseeable future. Its FY2025 accounts were audited by Gibson Booth.
What does the highest-paid employee of FIRSTFRUITS GOSPEL FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LEMPRIERE PRINGLE 2015 | 1 | £210k |
Charities like this
- FIRST FRUIT
- THE VOICE OF DELIVERANCE FULL GOSPEL CHURCH OF GOD
- OTHERS FIRST FOUNDATION
- ADENFIRST LIMITED
- THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH
- THE CORNERSTONE CHURCH GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FIRSTFRUITS GOSPEL FOUNDATION | £1.9m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| FIRST FRUIT | £2.0m | — | — | unclear | — | no doubt |
| THE VOICE OF DELIVERANCE FULL GOSPEL CHURCH OF GOD | £144k | — | 0 | above | — | no doubt |
| OTHERS FIRST FOUNDATION | £134k | — | 0 | unclear | — | no doubt |
| ADENFIRST LIMITED | £547k | — | 0 | unclear | — | no doubt |
| THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH | £242k | — | 0 | unclear | — | no doubt |