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KINGDOM FAITH CHURCH

Registered charity 278746 · accounts filings on the Charity Commission register · also known as KINGDOM FAITH MINISTRIES TRUST, THE BETHANY FELLOWSHIP

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Latest income
£1.0m
Latest spending
£1.2m
Registered
1979
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £130,564 for the year ended 31 December 2024, following a significant surplus in the prior year. Despite the deficit, the charity holds unrestricted reserves of £4,809,613 and cash of £2,094,672, which exceeds its stated reserves policy target of £100,000. The trustees confirm adequate resources for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Highest-paid employee band: £140,001 - £150,000 — above the 90th percentile for charities its size (median £78k)
“In the band £140,001 - £150,000 1”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £100,000 (held: £4.8m)
“The Trustees have a reserve policy of £100,000 to be held in cash, to help smooth out cash flow timings.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr. Simon Coles received remuneration of £86,978 (2023: £92,987) and pension contributions of £8,659 (2023: £7,370). Mr. Clive Urquhart received remuneration of £117,309 (2023: £134,130) and pension contributions of £9,512 (2023: £9,927).
“During the year, one or more Trustees has been paid remuneration or has received other benefits from an employment with the Charity. The remunerated Trustees are employed as the Senior Pastor and Executive Pastor as permitted under clause 8 of the charity trust deed.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction involving close family members of the Senior Pastor (a trustee) who are employed and remunerated by the charity.
“Two trustees are included in the salary banding above. The Senior Pastor, his wife, son and daughter have been employed during the year and remunerated accordingly. In addition, the Senior Pastor's mother receives a lifetime founders pension which has been included along with all the benefits of the other close family members in the totals disclosed in note 11 below.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Baldwin Scofield Ltd. Discloses 5 of 6 completeness components.

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

Total income
£1.0m
Total spending
£1.2m
Cost of raising funds
£12k
Reserves (reported)
£1.9m
Employees
23

Reported reserves equal ~19.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£1.0m£1.2m
31/12/2023£3.5m£1.4m
31/12/2022£1.0m£1.1m
31/12/2021£1.2m£1.1m
31/12/2020£1.2m£1.1m

Common questions

Is KINGDOM FAITH CHURCH financially healthy?

The accounts state that the charity reported a net deficit of £130,564 for the year ended 31 December 2024, following a significant surplus in the prior year. Despite the deficit, the charity holds unrestricted reserves of £4,809,613 and cash of £2,094,672, which exceeds its stated reserves policy target of £100,000. The trustees confirm adequate resources for the foreseeable future with no material uncertainties identified. Its FY2024 accounts were audited by Baldwin Scofield Ltd.

What does the highest-paid employee of KINGDOM FAITH CHURCH earn?

Per its FY2024 accounts, the highest-paid employee was in the £140,001 - £150,000 band.