CATHOLIC APOSTOLIC CHURCH (PADDINGTON) GENERAL PURPOSES FUND
Paddington Church Trust is a religious purposes charity relating to the Catholic Apostolic Church at Maida Avenue, London, W2 1SR.
Objects
THE TRUSTEES SHALL APPLY THE CLEAR INCOME AND AT THEIR DISCRETION THE WHOLE OR PART OF THE PROPERTY OF THE CHARITY FOR RELIGIOUS AND OTHER CHARITABLE PURPOSES IN CONNECTION WITH THE ADVANCEMENT OF THE CHRISTIAN RELIGION
Financial health, per its FY2025 accounts
The charity is being wound up and its financial statements are prepared on a non-going concern basis, as the majority of trustees no longer regard the trust as appropriate to continue. The unrestricted reserves stand at £247,900, while the charity holds significant endowed funds of £3,911,400, primarily from investment gains. The trustees are seeking Charity Commission consent to transfer the Tithe and General Offerings Funds to the Principal Trustees to facilitate the closure of the charity.
What the accounts disclose
“The accounts have been prepared on the basis that the majority of the Trustees no longer regard the Paddington Church Trust as a going concern.” — page 16
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → not a going concern (FY2025).
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
Trustees
- ANDREW DAVID KILMAINE DE FERRARS
- BENJAMIN JAMES VINEY
- JAMES KILLMAINE GRAHAM DE FERRARS
- MR MICHAEL CARTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £122k | £147k |
| 31/12/2024 | £124k | £153k |
| 31/12/2023 | £153k | £150k |
| 31/12/2022 | £157k | £112k |
| 31/12/2021 | £338k | £138k |
Common questions
Is CATHOLIC APOSTOLIC CHURCH (PADDINGTON) GENERAL PURPOSES FUND financially healthy?
Per its FY2025 accounts: The charity is being wound up and its financial statements are prepared on a non-going concern basis, as the majority of trustees no longer regard the trust as appropriate to continue. The unrestricted reserves stand at £247,900, while the charity holds significant endowed funds of £3,911,400, primarily from investment gains. The trustees are seeking Charity Commission consent to transfer the Tithe and General Offerings Funds to the Principal Trustees to facilitate the closure of the charity. Its FY2025 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TENDRING COMMUNITY VOLUNTARY SERVICES | 1 | £800 |
Charities like this
- CATHOLIC APOSTOLIC CHURCH - TRUST PROPERTY HELD IN CONNECTION THEREWITH
- PIER AVENUE BAPTIST CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES PADDINGTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MARY THE BLESSED VIRGIN, ADDINGTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CUDDINGTON IN THE DIOCESE OF GUILDFORD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CATHOLIC APOSTOLIC CHURCH (PADDINGTON) GENERAL PURPOSES FUND | £122k | — | 0 | unclear | — | not going concern |
| CATHOLIC APOSTOLIC CHURCH - TRUST PROPERTY HELD IN CONNECTION THEREWITH | £930k | — | — | above | — | no doubt |
| PIER AVENUE BAPTIST CHURCH | £93k | unclear | 0 | within | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES PADDINGTON | £467k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF ST MARY THE BLESSED VIRGIN, ADDINGTON | £131k | — | — | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CUDDINGTON IN THE DIOCESE OF GUILDFORD | £157k | — | 0 | unclear | 1.8% | no doubt |