THE LANGSETT TRUST
To provide grants to fund gospel Christian Ministry through local churches and other charitable organisations and provide housing for a Christian minister engaged in the proclamation of the Christian faith.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased significantly to £29,038 from £159,136 in the prior year, driven by the purchase of a residential property and associated debt repayments. The trustees report that the charity maintains a reserves policy targeting six times its monthly mortgage payments, though current cash levels are below the prior year's total. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements.
What the accounts disclose
“During the year to 31 March 2025 the Trust received total donations of £26,240 (prior year £76,311) and recovered gift aid of £6540 (prior year - £14,582).” — page 5
“The Trust has continued to have a reserves policy of maintaining a cash level of six times The Trust's monthly mortgage payments.” — page 5
“The most significant risks to The Trust will be The Trust being unable to meet its financial obligations in relation to the debt interest payments and major unplanned capital expenditure. These risks will be managed by ensuring The Trust has an adequate reserves policy, adequately insures the property purchased and has a rental agreement which has a three month notice period in place prior to the purchase.” — page 4
“Christopher Tufnell was a member of Oughtibridge Parish Church (OPC) during the period. The property purchased is being rented to OPC to provide housing for a Christian minister employed by the church.” — page 5
Property (HM Land Registry)
Trustees
- Rev Christopher Edward David Tufnellchair
- Adam Mark Taylor
- RACHEL FIELD
- Rev Peter John Chamberlin
- Thomas Charles Atkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £43k | £173k |
| 31/03/2024 | £91k | £9k |
| 31/03/2023 | £26k | £39k |
| 31/03/2022 | £21k | £9k |
| 31/03/2021 | £12k | £5k |
Common questions
Is THE LANGSETT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased significantly to £29,038 from £159,136 in the prior year, driven by the purchase of a residential property and associated debt repayments. The trustees report that the charity maintains a reserves policy targeting six times its monthly mortgage payments, though current cash levels are below the prior year's total. The independent examiner confirmed that no matters came to their attention regarding compliance with accounting records or statutory requirements. Its FY2025 accounts were independently examined.