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WOODGREEN EVANGELICAL CHURCH

Registered charity 1194046 · accounts filings on the Charity Commission register

Latest income
£431k
Latest spending
£448k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased from £677,677 to £660,910 due to a net outgoing resource of £16,767. Cash balances at year-end were £177,028, which the trustees note is £64k above their stated three-month minimum requirement. The trustees acknowledge that spare reserves will likely be used to meet a planned near-term deficit arising from increasing budgets.

What the accounts disclose

Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
“No employees received emoluments in excess of £60,000 during the 12-month period.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: two months' expenditure (held: £661k)
“The Trustees have an agreed Reserves Policy, whereby a contingency is held of at least two months’ expenditure.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Remuneration paid to Lead Pastor Richard Lacey (£59,005), Associate Pastor Duncan Cobbett (£41,002), and Assistant Pastor Tom Davenport (£22,893).
“Included above are the employment and ministry costs of Rev Richard Lacey (Lead), Duncan Cobbett (Associate) and Tom Davenport (Assistant). paid to them in their capacity as ministers of the church and not as trustees as permitted by the governing document.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

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

Operates in: Worcestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£431k£448k
31/03/2024£385k£413k
31/03/2023£444k£406k
31/03/2022£194k£223k

Common questions

Is WOODGREEN EVANGELICAL CHURCH financially healthy?

The accounts state that unrestricted reserves decreased from £677,677 to £660,910 due to a net outgoing resource of £16,767. Cash balances at year-end were £177,028, which the trustees note is £64k above their stated three-month minimum requirement. The trustees acknowledge that spare reserves will likely be used to meet a planned near-term deficit arising from increasing budgets. Its FY2025 accounts were independently examined.

What does the highest-paid employee of WOODGREEN EVANGELICAL CHURCH earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Who funds WOODGREEN EVANGELICAL CHURCH?

Funders whose own accounts filings name WOODGREEN EVANGELICAL CHURCH as a grant recipient include THE DEO GLORIA TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE DEO GLORIA TRUSTFY2025£5k

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