THE WELL CHURCH LOUGHBOROUGH
The advancement of the Christian faith, the relief and support of persons who are in conditions of need, hardship or distress or who are aged or sick and the advancement of education on the basis of Christian principles.
Objects
1.THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE DOCTRINES SET OUT IN THE FOURTH SCHEDULE HERETO AND THE WORSHIP OF GOD IN THE SAID COUNTY AND ELSEWHERE BY ANY MEANS WHATSOEVER INCLUDING (BUT NOT BY WAY OF LIMITATION) THE PREACHING AND PROCLAMATION OF THE CHRISTIAN GOSPEL AND THE TEACHING OF CHRISTIAN DOCTRINE AND PRINCIPLES AND THE PASTORAL CARE OF CHRISTIAN PEOPLE AND THE PRINTING AND DISTRIBUTION OF THE BIBLE AND CHRISTIAN LITERATURE INCLUDING VIDEO AND AUDIO RECORDINGS OR ELECTRONICALLY AND BY ANY OTHER MEDIA WHICH IS OR MAY BECOME AVAILABLE.2. THE RELIEF AND SUPPORT OF PERSONS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS OR WHO ARE AGED OR SICK.3. THE ADVANCEMENT OF EDUCATION ON THE BASIS OF CHRISTIAN PRINCIPLES AND WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING THE PRINCIPLES OF SUCH EDUCATION IN ANY EDUCATIONAL ESTABLISHMENT AND IF THE TRUSTEES SO DECIDE THE PROVISION OF ONE OR MORE CHARITABLE EDUCATIONAL ESTABLISHMENTS FOR THE GENERAL EDUCATION OF CHILDREN OR ADULTS ON THE BASIS OF SUCH CHRISTIAN PRINCIPLE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £158,466, supported by consistent financial giving of £189,532. The trustees consider the financial outlook to be very positive, noting that income is sufficient to meet all needs and that the charity is in very good financial shape. Per the trustees' report, liquid funds are maintained to cover a minimum of three months’ salary costs and one month of premises rental.
What the accounts disclose
“The Trustees consider, in order to maintain financial viability, that the charities liquid funds should at all times cover a minimum of three months’ salary costs and one month of premises rental for Charnwood College and the church office as at the commencement of 2025 (£21,046 at the commencement of 2025) after clearing all current liabilities.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (29/10/2024)
Trustees
- Saul Nicholas Algarchair
- Daniel Wilton
- Laura Ellen Green
- MARTIN JOHN BULL
- Naomi Jane Wearn
- TIMOTHY DAVID ASTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £293k | £172k |
| 31/12/2024 | £193k | £140k |
| 31/12/2023 | £189k | £135k |
| 31/12/2022 | £209k | £102k |
| 31/12/2021 | £0 | £0 |
Common questions
Is THE WELL CHURCH LOUGHBOROUGH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £158,466, supported by consistent financial giving of £189,532. The trustees consider the financial outlook to be very positive, noting that income is sufficient to meet all needs and that the charity is in very good financial shape. Per the trustees' report, liquid funds are maintained to cover a minimum of three months’ salary costs and one month of premises rental. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £200k |
Charities like this
- NEW LIFE COMMUNITY CHURCH LOUGHBOROUGH
- LIFE CITY CHURCH
- TOGETHER FOR CHRIST HIS KINGDOM AND HIS CHURCH
- LIFE COMMUNITY CHURCH (WARWICKSHIRE)
- LONDON CHURCH INTERNATIONAL
- NEW GROUND CHURCHES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WELL CHURCH LOUGHBOROUGH | £293k | — | 0 | unclear | — | no doubt |
| NEW LIFE COMMUNITY CHURCH LOUGHBOROUGH | £229k | — | 0 | unclear | — | no doubt |
| LIFE CITY CHURCH | £415k | £44,520 | 0 | unclear | — | no doubt |
| TOGETHER FOR CHRIST HIS KINGDOM AND HIS CHURCH | £141k | £30,632 | 0 | unclear | — | no doubt |
| LIFE COMMUNITY CHURCH (WARWICKSHIRE) | £168k | — | 0 | unclear | — | no doubt |
| LONDON CHURCH INTERNATIONAL | £497k | — | 0 | no_policy | — | no doubt |