THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED)
Registered charity 222262 · accounts filings on the Charity Commission register · also known as BETHNAL GREEN MISSION CHURCH, THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED) KNOWN AS BETHNAL GREEN MEDICAL MISSION
As a church and charity, we seek to engage in long term, relational and innovative work which seeks to contribute to the personal, spiritual and social transformation and well-being of people living and working in Tower Hamlets, East London. We aim to support and empower people living in challenging and difficult circumstances to reach their full potential.
Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Amateur Sport · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £29,761 for the year ended 31 December 2024, resulting in total unrestricted reserves of £610,732. The Trustees consider this level of reserves to be in accordance with their policy aspirations, which take into account recent building possession and future project needs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: a level that takes into consideration our recent possession of a new building and the running costs that are evolving as a result of the pandemic. It also takes into account the future expenditure that will be needed as BGMC oversees the running of the Beehive Cafe, creates new projects and for the possibility of the church purchasing a local residential property for the purposes of our charitable and missional purposes. (held: £611k)
“It is the policy to maintain unrestricted funds, which are the free reserves of the charity, at a level that takes into consideration our recent possession of a new building and the running costs that are evolving as a result of the pandemic. It also takes into account the future expenditure that will be needed as BGMC oversees the running of the Beehive Cafe, creates new projects and for the possibility of the church purchasing a local residential property for the purposes of our charitable and missional purposes.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The church was owed £420,198 at 31 December 2024 (2023: £415,683) by its subsidiary, BGMC Trading Ltd. Expenditure of £5,521 (2023: £6,449) was recharged to BGMC Trading Ltd for the common use of resources. Salary costs of £123,553 (2023: £131,012) were incurred by the church and passed on to the subsidiary via its intercompany loan.
“In addition to the matters highlighted in note 10, the church was owed £420,198 at 31 December 2024 (2023: £415,683) by its subsidiary, BGMC Trading Ltd. Expenditure of £5,521 (2023: £6,449) was recharged to BGMC Trading Ltd for the common use of resources. Salary costs of £123,553 (2023: £131,012) were incurred by the church and passed on to the subsidiary via its intercompany loan.” — page 37
“Total donations made by trustees amounted to £23,160 (2023: £24,300).” — page 37
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Total donations made by trustees amounted to £23,160 (2023: £24,300).
“In addition to the matters highlighted in note 10, the church was owed £420,198 at 31 December 2024 (2023: £415,683) by its subsidiary, BGMC Trading Ltd. Expenditure of £5,521 (2023: £6,449) was recharged to BGMC Trading Ltd for the common use of resources. Salary costs of £123,553 (2023: £131,012) were incurred by the church and passed on to the subsidiary via its intercompany loan.” — page 37
“Total donations made by trustees amounted to £23,160 (2023: £24,300).” — page 37
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Other fixed asset investments include a co-investment in a property alongside Bethany Lambert, who became a trustee on 15 February 2024. This investment entitles the charity to a 9.33% stake in the property. The investment has been facilitated by an original loan to the trustee of £40,000.
“In addition to the matters highlighted in note 10, the church was owed £420,198 at 31 December 2024 (2023: £415,683) by its subsidiary, BGMC Trading Ltd. Expenditure of £5,521 (2023: £6,449) was recharged to BGMC Trading Ltd for the common use of resources. Salary costs of £123,553 (2023: £131,012) were incurred by the church and passed on to the subsidiary via its intercompany loan.” — page 37
“Total donations made by trustees amounted to £23,160 (2023: £24,300).” — page 37
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by RPG Crouch Chapman LLP. Discloses 5 of 6 completeness components.
Property (HM Land Registry)
6 registered titles in England and Wales held by the charity’s company or corporate body (3 freehold); recorded price paid £1.0m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
- Bernadette Cunningham
- Bethany Wood
- Phillip Harniess
Trustee list from the Charity Commission register (current, not historical).
Operates in: Tower Hamlets
Income and spending
Common questions
Is THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £29,761 for the year ended 31 December 2024, resulting in total unrestricted reserves of £610,732. The Trustees consider this level of reserves to be in accordance with their policy aspirations, which take into account recent building possession and future project needs. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by RPG Crouch Chapman LLP.
Who funds THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED)?
Funders whose own accounts filings name THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED) as a grant recipient include SIR HALLEY STEWART TRUST, EAST END COMMUNITY FOUNDATION, THE ANCHOR FOUNDATION.
Known funders
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Government & lottery funding
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