KINGS CROSS CHURCH

Charity number: 1141658
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The company is a charity and exists to promote the Christian Faith and alleviate suffering according to the mission of the Church of England and the values and tenets of the Anglican Communion summarised in resolution 11 of the third Lambeth conference following the Chicago-Lambeth quadrilateral.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,990,114

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Donations and legacies £1.58m
Charitable activities £71.11k
Other trading activities £291.25k
Investments £9.67k
Other £37.47k

Total expenditure:
£1,878,902

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Raising funds £0
Charitable activities £1.88m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £1.88m
Retained for future use £111.21k

People

31 Employee(s)

8 Trustee(s)

367 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • The Prevention Or Relief Of Poverty
  • Religious Activities
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • Camden
  • Islington

Governance

Registration history:
  • 03 May 2011: Standard registration
Organisation type:
Charitable company
Other names:
  • KXC (Working name)
Company number:
07416629 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints policy and procedures
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Francis James Harper Chair 19 March 2012
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE EDGBASTON BIRMINGHAM
Received: On time
Jacob Allbaugh Trustee 01 November 2024
None on record
Rachel Hylton Trustee 28 February 2022
None on record
John Parmiter Trustee 01 September 2016
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HACKNEY
Received: 181 days late
HACKNEY PARISH ALMSHOUSES CHARITY
Received: On time
ROYAL FEMALE SCHOOL OF ART FOUNDATION
Received: On time
Michael Kent Trustee 02 November 2015
None on record
Rev PETER JONATHAN HUGHES Trustee 03 May 2011
ST BASIL'S CHURCH, DEVON
Received: On time
SOPHIE LOUISE GUTHRIE Trustee 03 May 2011
None on record
IAIN ANDREW ALEXANDER Trustee 03 May 2011
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.44m £1.60m £2.08m £1.84m £1.99m
Total expenditure £1.25m £1.34m £1.33m £1.54m £1.88m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £28.82k N/A N/A N/A
Income - Donations and legacies £1.09m £1.28m £1.78m £1.57m £1.58m
Income - Other trading activities £281.14k £241.14k £268.39k £217.71k £291.25k
Income - Charitable activities £63.58k £68.28k £23.63k £9.01k £71.11k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.03k £800 £159 £1.27k £9.67k
Income - Other £2.78k £5.39k £1.13k £44.70k £37.47k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.25m £1.34m £1.33m £1.54m £1.88m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £6.97k £6.90k £7.09k £10.23k £9.51k
Expenditure - Grants institution £57.36k £43.30k £54.85k £56.71k £53.14k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £838.73k £842.80k £1.62m £2.10m £2.02m
Long-term investments £0 £0 £0 £0 £0
Other assets £492.10k £787.16k £787.62k £838.10k £955.35k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £852.96k £892.23k £924.84k £1.15m £1.08m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 22 October 2024 On Time
Accounts and TAR 31 December 2023 22 October 2024 On Time Download Open in new window
Annual return 31 December 2022 27 October 2023 On Time
Accounts and TAR 31 December 2022 27 October 2023 On Time Download Open in new window
Annual return 31 December 2021 31 October 2022 On Time
Accounts and TAR 31 December 2021 31 October 2022 On Time Download Open in new window
Annual return 31 December 2020 28 October 2021 On Time
Accounts and TAR 31 December 2020 28 October 2021 On Time Download Open in new window
Annual return 31 December 2019 26 October 2020 On Time
Accounts and TAR 31 December 2019 26 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 22/10/2010

Charitable objects

3.1 THE OBJECTS OF THE CHURCH ARE, FOR THE BENEFIT OF THE PUBLIC, TO PROMOTE THE CHRISTIAN FAITH IN THE KINGS CROSS AREA OF LONDON (AND/OR SUCH OTHER AREAS AS THE COUNCIL MAY FROM TIME TO TIME MAY THINK FIT)AND ALLEVIATE SUFFERING ACCORDING TO THE MISSION OF THE CHURCH OF ENGLAND AND THE VALUES AND TENETS OF THE ANGLICAN COMMUNION SUMMARISED IN RESOLUTION 11 OF THE THIRD LAMBETH CONFERENCE FOLLOWING THE CHICAGO-LAMBETH QUADRILATERAL NAMELY: (I) THE HOLY SCRIPTURE OF THE OLD AND NEW TESTAMENTS, AS 'CONTAINING ALL THINGS NECESSARY TO SALVATION,' AND AS BEING THE RULE AND ULTIMATE STANDARD OF FAITH; (II) THE APOSTLES CREED, AS THE BAPTISMAL SYMBOL; AND THE NICENE CREED, AS THE SUFFICIENT STATEMENT OF THE CHRISTIAN FAITH; (III) THE TWO SACRAMENTS ORDAINED BY CHRIST HIMSELF BAPTISM AND THE SUPPER OF THE LORD MINISTERED WITH UNFAILING USE OF CHRIST'S WORDS OF INSTITUTION, AND OF THE ELEMENTS ORDAINED BY HIM; (IV) THE HISTORIC EPISCOPATE, LOCALLY ADAPTED IN THE METHODS OF ITS ADMINISTRATION TO THE VARYING NEEDS OF THE NATIONS AND PEOPLES CALLED OF GOD INTO THE UNITY OF HIS CHURCH.

Contact information

Address:
242 PENTONVILLE ROAD
LONDON
N1 9JY
Phone:
02034325396
Email:
info@kxc.org.uk
Website:

www.kxc.org.uk Open in new window