KINGSWAY CLC TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity generated a small surplus of £3,454 for the year ended 31 March 2024, following a significant deficit in the previous year. Per the trustees' report, the organization remains dependent on financial support from related parties and has established a reserves policy target of three months of general expenditure, which it considers desirable but does not explicitly confirm is currently met.
What the accounts disclose
“A level of three-month general expenditure not directly related to turnover is considered desirable.”
“A Mission Support Contribution of £34,693 (2023: £31,706) was paid to CLC International during the year.”
“Christian Focus Publications Limited is a related party due to a mutual trustee. During the period purchases amounting to £90,902 (2023: £93,722) were made by Kingsway CLC Trust, with £1,442 (2023: £13,549) outstanding at the year end.” — page 23
“A Mission Support Contribution of £34,693 (2023: £31,706) was paid to CLC International during the year.”
“Christian Focus Publications Limited is a related party due to a mutual trustee. During the period purchases amounting to £90,902 (2023: £93,722) were made by Kingsway CLC Trust, with £1,442 (2023: £13,549) outstanding at the year end.” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (13/07/2023)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.8m | £6.8m |
| 31/03/2024 | £7.2m | £7.2m |
| 31/03/2023 | £6.5m | £7.0m |
| 31/03/2022 | £5.8m | £5.8m |
| 31/03/2021 | £4.5m | £4.5m |
Common questions
Is KINGSWAY CLC TRUST financially healthy?
The accounts state that the charity generated a small surplus of £3,454 for the year ended 31 March 2024, following a significant deficit in the previous year. Per the trustees' report, the organization remains dependent on financial support from related parties and has established a reserves policy target of three months of general expenditure, which it considers desirable but does not explicitly confirm is currently met. Its FY2024 accounts were audited by Berringers LLP.
Who funds KINGSWAY CLC TRUST?
Funders whose own accounts filings name KINGSWAY CLC TRUST as a grant recipient include CLC INTERNATIONAL (UK).
Shared trustees with funders
- Herve Yves Lessous — trustee here and at CLC INTERNATIONAL (UK)
- John Michael Watkins — trustee here and at CLC INTERNATIONAL (UK)
- NEIL WARDROPE — trustee here and at CLC INTERNATIONAL (UK)
- Stephen Banner — trustee here and at CLC INTERNATIONAL (UK)
- WILLIAM EDWARD OWEN — trustee here and at CLC INTERNATIONAL (UK)
Known funders
| Funder | Year | Amount |
|---|---|---|
| CLC INTERNATIONAL (UK) | FY2024 | £100k |
| CLC INTERNATIONAL (UK) | FY2023 | £65k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BISHOP RADFORD TRUST | 1 | £2k |