LONGMEADOW EVANGELICAL CHURCH
To advance the Christian faith in accordance with the Basis of Faith, mainly around Stevenage. As befits the Doctrinal Distinctives and Ethical Statements in the Handbook, this may include the prevention and relief of need, hardship and sickness; the advancement of education; and the provision of facilities in the interests of social welfare.
Financial health, per its FY2024 accounts
The accounts state that total income was £132,478 and total expenditure was £137,129, resulting in a net decrease in cash funds of £4,651. Unrestricted reserves at year-end were £62,680, which the trustees confirm meets their stated policy target of holding a minimum of £30,000.
What the accounts disclose
“Ben Epps and Russell Knell served as church pastors and were paid a gross salary of £37,927 and £37,815 (2023: £36,251 and £36,191) respectively” — page 11
“Given current regular obligations we seek to hold minimum reserves of £30,000 (which equates to about 3 months of unrestricted expenditure)” — page 6
“Ben Epps and Russell Knell served as church pastors and were paid a gross salary of £37,927 and £37,815 (2023: £36,251 and £36,191) respectively and each benefited from employer's pension contribution of £1,513 (2023: £1,448) for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 11
Trustees
- BENJAMIN PETER EPPSchair
- JOHN CHRISTOPHER COOPER
- James Thompson
- John Prem Remison
- Russell John Knell
- Wayne Campbell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £132k | £137k |
| 31/12/2023 | £144k | £125k |
| 31/12/2022 | £132k | £132k |
| 31/12/2021 | £126k | £76k |
| 31/12/2020 | £0 | £0 |
Common questions
Is LONGMEADOW EVANGELICAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that total income was £132,478 and total expenditure was £137,129, resulting in a net decrease in cash funds of £4,651. Unrestricted reserves at year-end were £62,680, which the trustees confirm meets their stated policy target of holding a minimum of £30,000. Its FY2024 accounts were independently examined.
What does the highest-paid employee of LONGMEADOW EVANGELICAL CHURCH earn?
Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.