THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN)
To promote and further the religious and other charitable work of The Church of Jesus Christ of Latter-day Saints in the United Kingdom and elsewhere.
Financial health, per its FY2024 accounts
The accounts state that total charity funds held at year-end were £239,284,000, with incoming resources increasing to £86,677,000 from £65,458,000 in the prior year. The trustees note that free reserves are negative at £4,313,000 due to active cash management policies, but confirm that the Charity is a going concern with assured future financial support from its parent company.
What the accounts disclose
“The target level of free reserves, established by the trustees, is a maximum of £2,000,000 being the equivalent of 12 months average net charitable expenditure.” — page 13
“The trustee, David Robertson, serving during the year ended 31 December 2024 received remuneration in the form of expatriate benefits from the Charity totalling £68,723 (2023: £79,703).” — page 35
“Donations from related parties increased to £42,012,000 (2023: £23,667,000) comprising funding from CHC provided for general working capital needs.” — page 13
“During the year a further £1,200,000 was advanced to OHL to increase the unsecured loan facility to £16.2m (2023: £15.0m) granted by the Charity to OHL to fund OHL's operations.” — page 39
“Donations from related parties increased to £42,012,000 (2023: £23,667,000) comprising funding from CHC provided for general working capital needs.” — page 13
“During the year a further £1,200,000 was advanced to OHL to increase the unsecured loan facility to £16.2m (2023: £15.0m) granted by the Charity to OHL to fund OHL's operations.” — page 39
“Defined benefit liability recognised in balance sheet 6,233” — page 41
Corporate structure
- Registered company of the charity Companies House 00699764
Company officers (Companies House)
- ARIAS, Ruben not on trustee list
- HANSEN, Paul Darwin on trustee list
- OTTIKER, Christian on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (17/10/2012)
Trustees
- Christian Ottiker
- David Robertson
- Paul Hansen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £87.8m | £85.3m |
| 31/12/2023 | £66.2m | £71.1m |
| 31/12/2022 | £51.4m | £54.5m |
| 31/12/2021 | £49.8m | £51.7m |
| 31/12/2020 | £38.1m | £48.7m |
Common questions
Is THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) financially healthy?
Per its FY2024 accounts: The accounts state that total charity funds held at year-end were £239,284,000, with incoming resources increasing to £86,677,000 from £65,458,000 in the prior year. The trustees note that free reserves are negative at £4,313,000 due to active cash management policies, but confirm that the Charity is a going concern with assured future financial support from its parent company. Its FY2024 accounts were audited by Kreston Reeves LLP.
Who funds THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN)?
Funders whose own accounts filings name THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) as a grant recipient include COVENT GARDEN IP LTD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| COVENT GARDEN IP LTD | FY2021 | £2.3m |
Charities like this
- COVENT GARDEN IP LTD
- FARMLAND RESERVE UK LIMITED
- BRIGHAM YOUNG UNIVERSITY LIMITED
- GURU NANAK NISHKAM SEWAK JATHA LONDON UK
- CHURCH OF OUR LORD JESUS CHRIST IN THE WORLD.(THE TOKOISTAS IN THE UNITED KINGDOM)
- REDEEMED CHRISTIAN CHURCH OF GOD, TRUE VINE CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) | £87.8m | — | — | unclear | — | no doubt |
| COVENT GARDEN IP LTD | £5.4m | — | 0 | unclear | — | no doubt |
| FARMLAND RESERVE UK LIMITED | £57.9m | £160,001 - £170,000 | — | above | — | no doubt |
| BRIGHAM YOUNG UNIVERSITY LIMITED | £1.3m | — | — | unclear | — | no doubt |
| GURU NANAK NISHKAM SEWAK JATHA LONDON UK | £655k | — | 0 | unclear | — | no doubt |
| CHURCH OF OUR LORD JESUS CHRIST IN THE WORLD.(THE TOKOISTAS IN THE UNITED KINGDOM) | £124k | — | 0 | unclear | — | no doubt |