Finance Score: 1

Governance Score: 9

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 10

GOSPEL SUPPORT AND HOMES TRUST LIMITED

Principal activity of the Trust is to provide support for the Christian ministry in London.The objectives: provide support to the Christian ministry in London and by makingdonations, funding Ministry salaries and providing accommodation to churches and their ministries. It also acts as an umbrella or resource body.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £9,566,179 available, equivalent to 246 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/12/22		£774	£466	£308	£0	£9,745	£9,566	246.4	1
31/12/21		£1,099	£461	£638	£0	£9,776	£9,587	249.8	1
31/12/20		£768	£447	£321	£0	£8,979	£8,791	236.2	1
31/12/19		£936	£529	£407	£0	£8,766	£8,577	194.5	1
31/12/18		£1,097	£569	£528	£0	£8,149	£7,960	168	1
31/12/17		£1,805	£596	£1,209	£0	£7,753	£7,565	152.3	1
31/12/16		£856	£579	£277	£0	£6,471	£6,283	130.2	1
31/12/15		£572	£595	£-23	£6	£5,666	£5,477	110.5	1
31/12/14		£500	£531	£-31	£0	£0	£0	n/a	0
31/12/13		£548	£621	£-73	£5	£5,798	£5,502	106.3	2
31/12/12		£981	£1,765	£-784	£5	£5,200	£4,834	32.9	1
31/12/11		£2,465	£1,388	£1,077	£5	£5,524	£4,116	35.6	1
31/12/10		£870	£838	£32	£5	£4,761	£4,721	67.6	1
31/12/09		£847	£674	£173	£4	£4,375	£4,364	77.7	1
31/12/08		£594	£508	£86	£4	£3,876	£3,866	91.3	1
31/12/07		£585	£652	£-67	£0	£0	£0	n/a	0
31/12/06		£471	£554	£-83	£0	£0	£0	n/a	0
31/12/05	*	£393	£454	£-61	£0	£0	£0	n/a	0
31/12/04		£379	£387	£-8	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.1%
Fundraising Costs/Total Spending: 1.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 42%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 246.4 months
Net Current Assets/Spending: 8 months
Quick Ratio: 1.6

Asset Split ?

Established: 22 years

www.gsht.org.uk

office@gsht.org.uk

07770 477627

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Religious Activities

GiG Classification

Christian religious associations

How it operates

Acts as an umbrella or resource body
Makes Grants to Organisations
Provides buildings/facilities/open space

Where it operates

Throughout London,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups

Who works here?

1 employee

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 37-65

CHARLES HUGO WELLS ELGOOD Appointed: 2021, Occupation: Solicitor

EMMA WEIL Appointed: 2023, Occupation: Human Resources Professional

JULIET MAGGS Appointed: 2022, Occupation: Chartered Accountant

MELANIE S BECKHAM Appointed: 2002, Occupation: Full Time Mother

ANDREW FREDERICK JOHN NEDEN (Chair) Appointed: 2002, Occupation: Chartered Accountant, Other trusteeship: ELTHAM COLLEGE,

BRIAN WILLIAM O'DONOGHUE Appointed: 2002, Occupation: Church Manager, Other trusteeships: THE LONDON DIOCESAN FUND, THE LONDON DIOCESAN BOARD OF FINANCE, ELTHAM COLLEGE, THE SOLA TRUST, GOSPEL PARTNERS TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST HELEN, BISHOPSGATE, LONDON GOSPEL PARTNERSHIP,

Legal constitution

Charitable company registered in England & Wales on 31/12/2001, number: 1089919
Registered at Companies House on 19/09/2001, number: 04289891

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR05: 1 days late,

Main office

St. Nicholas Cole Abbey
114 Queen Victoria Street
London
EC4V 4BJ

Objectives

The Objects of the Charity are to advance the Christian Faith and in particular (but notexclusively) to equip Christian men and women to preach and teach the gospel of JesusChrist as set forth in Scripture, and to provide financial support, accommodation and otherpractical help to them in order to further that ministry.The Objects of the Charity may be amended by Special Resolution, but only with the priorwritten consent of the Commission.The Statement of Faith shall only be amended or supplemented by a resolution of theTrustees passed by a majority of at least 75% of them.

Defined Area of Benefit:

NOT DEFINED

Data Sources