THE WELL CHURCH LOUGHBOROUGH

Registered charity 1193827 · accounts filings on the Charity Commission register

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.

Causes: Education/training · Religious Activities · website · Get email alerts

Latest income

£193k

Latest spending

£140k

Registered

2021

Accounts read

FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months’ salary costs and one month of premises rental (held: £158k)

“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

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Register events

Received assets from another charity (29/10/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Saul Nicholas Algarchair
Daniel Wilton
Laura Ellen Green
MARTIN JOHN BULL
Naomi Jane Wearn
TIMOTHY DAVID ASTON

Trustee list from the Charity Commission register (current, not historical).

Operates in: Malawi · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
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.