FARMLAND RESERVE UK LIMITED
Financial health, per its FY2024 accounts
The accounts state that total income increased significantly to £57,850k, driven largely by a £42,550k donation from the Church Corporation, while unrestricted reserves stood at £262,090k. The trustees note that liquidity has declined relative to tangible assets due to strategic land acquisitions, but confirm that sufficient reserves and assurances of continuing support from the parent company exist to maintain the going concern basis.
What the accounts disclose
“In the band £160,001 - £170,000” — page 34
“The Trustees' policy is to hold, as a minimum, the equivalent of approximately 12 months of operating budget in reserves.” — page 7
“The Charity holds 100% of the share capital of its subsidiary company, AgReserves Limited.” — page 8
“One trustee who is also a director of the subsidiary company, received remuneration from the subsidiary company in relation to services provided as the general manager of the subsidiary company.” — page 35
“The Charity holds 100% of the share capital of its subsidiary company, AgReserves Limited.” — page 8
“One trustee who is also a director of the subsidiary company, received remuneration from the subsidiary company in relation to services provided as the general manager of the subsidiary company.” — page 35
“The Charity holds 100% of the share capital of its subsidiary company, AgReserves Limited.” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Benjamin Michael Conway
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57.9m | £12.2m |
| 31/12/2023 | £13.7m | £9.5m |
| 31/12/2022 | £117.5m | £6.5m |
| 31/12/2021 | £7.4m | £7.2m |
| 31/12/2020 | £6.0m | £4.9m |
Common questions
Is FARMLAND RESERVE UK LIMITED financially healthy?
The accounts state that total income increased significantly to £57,850k, driven largely by a £42,550k donation from the Church Corporation, while unrestricted reserves stood at £262,090k. The trustees note that liquidity has declined relative to tangible assets due to strategic land acquisitions, but confirm that sufficient reserves and assurances of continuing support from the parent company exist to maintain the going concern basis. Its FY2024 accounts were audited by MHA.
What does the highest-paid employee of FARMLAND RESERVE UK LIMITED earn?
Per its FY2024 accounts, the highest-paid employee was in the £160,001 - £170,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £22k |
| THE GOSPEL CENTRE | 1 | £14k |