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FARMLAND RESERVE UK LIMITED

Registered charity 274605 · accounts filings on the Charity Commission register · also known as THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS (WELFARE), THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (WELFARE)

To promote and further the religious and other charitable work of The Church of Jesus Christ of Latter-day Saints in the united Kingdom or elsewhere and to assist members and other persons who are in conditions of need, hardship, sickness and distress, to all ages and denominations.

Causes: The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income
£57.9m
Latest spending
£12.2m
Registered
1978
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £160,001 - £170,000 — above the median for charities its size (£130k)
“In the band £160,001 - £170,000” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Donations (74% of income)
“The £57,850k Total Income in 2024 includes the donation from “Church Corporation” totalling £42,550k.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: approximately 12 months of operating budget (held: £262.1m)
“The Trustees' policy is to hold, as a minimum, the equivalent of approximately 12 months of operating budget in reserves.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Charity holds 100% of the share capital of its subsidiary company, AgReserves Limited.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: One trustee (B M Conway) received remuneration from the subsidiary company.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: AgReserves Limited
“The Charity holds 100% of the share capital of its subsidiary company, AgReserves Limited.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 4 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Property (HM Land Registry)

142 registered titles in England and Wales held by the charity’s company or corporate body (142 freehold); recorded price paid £64.3m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£57.9m
Total spending
£12.2m
Cost of raising funds
£11.1m
Reserves (reported)
£262.1m
Employees
30

Per its annual return, largest income source: Donations and legacies (74% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 19.2% of total income — in the top quarter for charities its size (median 3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

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. 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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
COVENT GARDEN IP LTD1£2.3m
THE GOSPEL CENTRE1£14k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN).

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FARMLAND RESERVE UK LIMITED£57.9m£160,001 - £170,000—above—no doubt
THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (GREAT BRITAIN) FY2024£87.8m——unclear—no doubt
COVENT GARDEN IP LTD FY2024£5.4m—0unclear—no doubt
FMM GENERALATE UK CIO FY2025£196k—0above—no doubt
THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH FY2025£242k—0unclear—no doubt
HARVEST COMMUNITY NETWORK FY2024£104kUnder £60,0000unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.