RADSTOCK MINISTRIES
The advancement of the Christian faith through a network of local churches, as well as the alleviation of poverty through social action programmes linked to the charity and churches involved in the network.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £279,506, which is significantly higher than the charity's stated policy target of approximately two months' unrestricted expenditure. The trustees confirm that expenditure is managed to remain within available reserves, and no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately two months’ unrestricted expenditure.” — page 5
“Anthony Adams received £12,000 (2023: 12,000) for fees as his acting role as regional director.” — page 14
“Anthony Adams received £12,000 (2023: 12,000) for fees as his acting role as regional director. This is inline with the provisions included within the governing document of the charity.” — page 14
“During the year $Nil (2023: $10,000 / £7,469) was paid to Brian Jose by Radstock USA on behalf of Radstock Ministries for his deemed share of the flat.” — page 23
“Anthony Adams received £12,000 (2023: 12,000) for fees as his acting role as regional director. This is inline with the provisions included within the governing document of the charity.” — page 14
“During the year $Nil (2023: $10,000 / £7,469) was paid to Brian Jose by Radstock USA on behalf of Radstock Ministries for his deemed share of the flat.” — page 23
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Katy Jones Parrychair
- Andrew Henry Milton-Thompson
- Lysle Owen Osborne
- Richard D Spencer II
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £563k | £331k |
| 31/12/2023 | £280k | £275k |
| 31/12/2022 | £295k | £278k |
| 31/12/2021 | £245k | £236k |
| 31/12/2020 | £223k | £215k |
Common questions
Is RADSTOCK MINISTRIES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £279,506, which is significantly higher than the charity's stated policy target of approximately two months' unrestricted expenditure. The trustees confirm that expenditure is managed to remain within available reserves, and no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Who funds RADSTOCK MINISTRIES?
Funders whose own accounts filings name RADSTOCK MINISTRIES as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, EAST TWICKENHAM.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, EAST TWICKENHAM | FY2024 | £4k | Global Engagement |
Charities like this
- RADSTOCK TRUST CIO
- GILBERT DEYA MINISTRIES
- THE REDEEMED CHRISTIAN CHURCH OF GOD - MY FATHER'S HOUSE, DUNSTABLE
- THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY
- RHEMA FAITH MINISTRIES
- THE CORNERSTONE CHURCH GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RADSTOCK MINISTRIES | £563k | — | 0 | above | — | no doubt |
| RADSTOCK TRUST CIO | £189k | — | 0 | unclear | — | no doubt |
| GILBERT DEYA MINISTRIES | £28k | Under £60,000 | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD - MY FATHER'S HOUSE, DUNSTABLE | £136k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD, CITY OF VICTORY | £141k | — | 0 | unclear | — | no doubt |
| RHEMA FAITH MINISTRIES | £271k | — | 0 | unclear | — | no doubt |