THE GREGORY CENTRE FOR CHURCH MULTIPLICATION
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £275,218 for the year, resulting in a decrease in total reserves from £1,103,308 to £828,090. The trustees report that unrestricted reserves of £761,600 remain above the stated policy target of £150,000, and they have adopted the going concern basis of accounting despite a reduction in grant funding.
What the accounts disclose
“One employee (2023: nil) earned between £70,000 and £80,000.” — page 21
“One employee (2023: nil) earned between £70,000 and £80,000.” — page 21
“The aim is to hold £150,000 in cash at each month end.” — page 7
“£4,000 (2023: £4,000) was granted to The Diocese of St Edmundsbury and Ipswich, of which S Gaze is the Archdeacon.” — page 23
“In 2023, £1,711 was paid to The Parish of St Mary Woolnoth and St Edmund the King, of which R Thorpe is a trustee, for hire of facilities/room booking.” — page 23
“£4,000 (2023: £4,000) was granted to The Diocese of St Edmundsbury and Ipswich, of which S Gaze is the Archdeacon.” — page 23
“In 2023, £1,711 was paid to The Parish of St Mary Woolnoth and St Edmund the King, of which R Thorpe is a trustee, for hire of facilities/room booking.” — page 23
“£4,000 (2023: £4,000) was granted to The Diocese of St Edmundsbury and Ipswich, of which S Gaze is the Archdeacon.” — page 23
“In 2023, £1,711 was paid to The Parish of St Mary Woolnoth and St Edmund the King, of which R Thorpe is a trustee, for hire of facilities/room booking.” — page 23
Leadership, per the charity’s website
- H Miller — Executive Director
- Pete Broadbent — Chair of CCX
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (28/07/2023)
Trustees
- Rev Peter Alan Broadbentchair
- Bishop Tedroy Milton Powell
- Jacquie Driver
- Rt Revd Richard Charles Thorpe
- The Venerable Sally Ann Gaze
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.8m | £2.1m |
| 31/12/2023 | £2.5m | £1.4m |
Common questions
Is THE GREGORY CENTRE FOR CHURCH MULTIPLICATION financially healthy?
The accounts state that the charity incurred a net expenditure of £275,218 for the year, resulting in a decrease in total reserves from £1,103,308 to £828,090. The trustees report that unrestricted reserves of £761,600 remain above the stated policy target of £150,000, and they have adopted the going concern basis of accounting despite a reduction in grant funding. Its FY2024 accounts were audited by Xeinadin Audit Limited.
What does the highest-paid employee of THE GREGORY CENTRE FOR CHURCH MULTIPLICATION earn?
Per its FY2024 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
| GOSPEL PARTNERS TRUST | 1 | £5k |
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