THE KENSIT MEMORIAL TRUST
The charity provides accommodation for the Kensit Evangelical Church as well as for the London Theological Seninary. It also provides accommodation and meals for the living-in students.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported an operating deficit of £160,074, largely driven by building maintenance costs, and a net movement in funds of £587,576 after accounting for a £427,502 revaluation loss on investment properties. Despite these losses, the Trust holds strong accumulated unrestricted funds of £9,738,377 and maintains a cash balance of £860,586. The trustees consider reserves sufficient to meet all obligations and support continued activities.
What the accounts disclose
“Income from the provision of facilities to London Seminary continues to represent approximately one-third of the income of the Trust. The rental stream from the Trust’s investment properties provides approximately half of our income.” — page 5
“The Council considers that reserves are sufficient to meet all obligations of the Trust and to support its continued activities and maintenance of its properties.” — page 5
Corporate structure
- Registered company of the charity Companies House 00427164
Company officers (Companies House)
- MULLINS, Mark Lovel Rupert on trustee list
- LIEVESLEY, Philip Stuart on trustee list
- ROKOS, John Anthony Storm, Dr on trustee list
- MALCOLM, Edward John, Reverend on trustee list
Property (HM Land Registry)
Trustees
- EDWARD MALCOLMchair
- John Anthony Storm Rokos
- Mark Mullins
- PHILIP STUART LIEVESLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £180k | £340k |
| 31/03/2024 | £174k | £225k |
| 31/03/2023 | £155k | £217k |
| 31/03/2022 | £159k | £197k |
| 31/03/2021 | £145k | £208k |
Common questions
Is THE KENSIT MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported an operating deficit of £160,074, largely driven by building maintenance costs, and a net movement in funds of £587,576 after accounting for a £427,502 revaluation loss on investment properties. Despite these losses, the Trust holds strong accumulated unrestricted funds of £9,738,377 and maintains a cash balance of £860,586. The trustees consider reserves sufficient to meet all obligations and support continued activities. Its FY2025 accounts were audited by Geary Partnership.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 1 | £5k |
| LONDON CATALYST | 1 | £2k |
| WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND | 1 | £2k |
Charities like this
- THE CONGREGATIONAL MEMORIAL HALL TRUST
- KENSINGTON BAPTIST CHURCH
- Islington Gospel Trust Limited
- KINGDOM FAITH CHURCH LONDON
- KINGSWAY INTERNATIONAL CHRISTIAN CENTRE
- PARISH OF EAST HAM, HOLY TRINITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE KENSIT MEMORIAL TRUST | £180k | — | 0 | above | — | no doubt |
| THE CONGREGATIONAL MEMORIAL HALL TRUST | £332k | — | 0 | above | — | no doubt |
| KENSINGTON BAPTIST CHURCH | £387k | — | 0 | unclear | — | no doubt |
| Islington Gospel Trust Limited | £240k | — | 0 | above | — | no doubt |
| KINGDOM FAITH CHURCH LONDON | £143k | — | 0 | unclear | — | no doubt |
| KINGSWAY INTERNATIONAL CHRISTIAN CENTRE | £6.5m | £90,001 - £100,000 | 7 | unclear | — | no doubt |