STEWARDSHIP SERVICES (UKET) LIMITED

Charity Number: 234714
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Stewardship's range of giving account services facilitate tax effective giving to charitable causes in the UK and beyond. Our range of legal and financial support services to Christian charities are detailed in the Trustees' Annual Report.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£119,565,492

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Donations and legacies £111.35m
Charitable activities £1.53m
Other trading activities £0
Investments £6.57m
Other £116.00k

Total expenditure:
£117,557,712

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Raising funds £931.88k
Charitable activities £116.63m
Other £0

£5,372,678 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 £931.88k
Charitable expenditure £116.63m
Retained for future use £2.01m

People

89 Employee(s)

16 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 5
£90k to £100k 1
£100k to £110k 1
£110k to £120k 1
£120k to £130k 1
£150k to £200k 3

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

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Religious Activities
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales
  • Albania
  • Armenia
  • Australia
  • Bangladesh
  • Belgium
  • Botswana
  • Brazil
  • Bulgaria
  • Burkina Faso
  • Cameroon
  • Canada
  • Colombia
  • Czech Republic
  • Denmark
  • Dominican Republic
  • Ecuador
  • Ethiopia
  • France
  • Germany
  • Ghana
  • Greece
  • Hong Kong
  • India
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Kenya
  • Kyrgyzstan
  • Latvia
  • Lebanon
  • Lithuania
  • Madagascar
  • Malawi
  • Namibia
  • Nepal
  • Netherlands
  • New Zealand
  • Nigeria
  • Northern Ireland
  • Pakistan
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Romania
  • Rwanda
  • Scotland
  • Serbia
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Tanzania
  • Thailand
  • Turkey
  • Uganda
  • United States
  • Zambia
  • Zimbabwe

Governance

Registration history:
  • 19 February 2009: Standard registration
  • 12 July 2013: Removed (Transfer of funds)
Organisation type:
Charitable company
Other names:
  • GIVEPLUS (Working name)
  • MAXCO TRUST (Working name)
  • SOVEREIGN ACCOUNT (Working name)
  • SOVEREIGN GIVING (Working name)
  • STEWARDSHIP (Working name)
  • STEWARDSHIP UK (Working name)
  • UKET (Working name)
  • EAST OF ENGLAND EVANGELIZATION TRUST (INCORPORATED) (Previous name)
  • THE UNITED KINGDOM EVANGELIZATION TRUST (INCORPORATED) (Previous name)
Company number:
00090305 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest 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

16 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
David Jules Steinegger Trustee 07 March 2025
WYCLIFFE UK LIMITED
Received: On time
COLKINS MILL CHURCH
Received: On time
Craig Roland Martin Trustee 07 March 2025
None on record
LEWIS JOHN JACKSON Trustee 14 September 2023
THE A21 CAMPAIGN LIMITED
Received: On time
THE KING'S CROSS BAPTIST CHURCH
Received: On time
PRAYER EXPEDITIONS LIMITED
Received: On time
Edward Mishambi Trustee 15 June 2023
None on record
Angela Lynn Rusbridge Trustee 02 March 2023
None on record
Katherine Yeu-Kei Tait Trustee 30 June 2022
None on record
Alasdair Christopher Gillies Trustee 02 December 2021
None on record
Nathan Daniel Whitaker Trustee 16 September 2021
None on record
Michael Che Bugembe Trustee 17 September 2020
None on record
Jennifer Ann Charteris Trustee 17 September 2020
None on record
Andrea Rose-Marie Pattico Trustee 17 September 2020
None on record
James Ward Trustee 09 March 2020
None on record
Sunil Rajan Trustee 09 March 2020
MESON
Received: 80 days late
Curtis Daniel Hopkins Trustee 05 December 2019
None on record
Ritz Steytler Trustee 04 March 2016
None on record
Gareth Burns Trustee 03 December 2015
None on record

Financial history

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Financial period end date

Income / Expenditure 30/09/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £145.74m £119.36m £102.24m £114.52m £119.57m
Total expenditure £92.89m £123.94m £93.75m £104.77m £117.56m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £141.65m £114.32m £98.14m £109.64m £111.35m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £1.15m £1.42m £1.38m £1.34m £1.53m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.94m £3.62m £2.53m £3.55m £6.57m
Income - Other £0 £0 £194.00k £0 £116.00k
Income - Legacies £697.00k £1.45m £1.79m £2.90m £2.99m
Expenditure - Charitable activities £90.85m £121.00m £92.95m £103.96m £116.63m
Expenditure - Raising funds £318.00k £594.00k £796.00k £798.00k £931.88k
Expenditure - Governance £140.00k £152.00k £149.00k £165.00k £200.76k
Expenditure - Grants institution £74.51m £97.34m £72.58m £82.59m £0
Expenditure - Investment management £270.00k £515.00k £479.00k £469.00k £477.79k
Expenditure - Other £1.73m £2.34m £0 £16.00k £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.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 30/09/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £3.77m £3.71m £3.67m £3.63m £2.94m
Long-term investments £88.33m £123.98m £125.45m £122.76m £139.10m
Other assets £96.71m £66.75m £82.79m £72.08m £66.16m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £17.13m £19.81m £19.10m £7.13m £10.22m

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 10 July 2023 On Time
Accounts and TAR 31 December 2022 10 July 2023 On Time Download Open in new window
Annual return 31 December 2021 09 September 2022 On Time
Accounts and TAR 31 December 2021 09 September 2022 On Time Download Open in new window
Annual return 31 December 2020 20 September 2021 On Time
Accounts and TAR 31 December 2020 20 September 2021 On Time Download Open in new window
Annual return 30 September 2019 13 May 2020 On Time
Accounts and TAR 30 September 2019 13 May 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 OF ASSOCIATION AMENDED BY SPECIAL RESOLUTIONS DATED 13TH DECEMBER 1950, 5TH JUNE 1958, 11TH DECEMBER 1990, 14TH SEPTEMBER 1999, 11TH SEPTEMBER 2001, 1ST JULY 2004, 1ST JULY 2008 & 7 OCTOBER 2008. ALSO SCHEME OF 16TH MARCH 1993 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14 SEP 2017

Charitable objects

TO ADVANCE THE EVANGELICAL CHRISTIAN FAITH INCLUDING BY PREACHING THE GOSPEL AND HOLDING RELIGIOUS SERVICES AND MEETINGS; TO PROMOTE THE PUBLICATION AND DISTRIBUTION OF THE BIBLE AND OTHER CHRISTIAN LITERATURE; TO ADVANCE THE EDUCATION OF CHILDREN AND ADULTS IN ACCORDANCE WITH THE DOCTRINES AND PRINCIPLES OF EVANGELICAL CHRISTIANITY; TO RELIEVE NEED, HARDSHIP AND DISTRESS, ESPECIALLY AMONGST EVANGELISTS, TEACHERS AND OTHERS WHO HAVE GIVEN SERVICE TO THE TRUST OR HELPED PROMOTE THE OBJECTS; OTHERWISE TO PROMOTE THE CHARITABLE WORK OF EVANGELICAL CHRISTIAN CHURCHES, SOCIETIES AND CHARITIES; AND TO ADVANCE SUCH PURPOSES AS MAY BE CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE NOT, IN THE OPINION OF THE COUNCIL, INCONSISTENT WITH THE ATTAINMENT OF THE ABOVE OBJECTS, INCLUDING BY MEANS OF MAKING DONATIONS TO FURTHER SUCH CHARITABLE PURPOSES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM AND ELSEWHERE

Linked charities

Linked charities
Linked charity 234714-3 UKET CHURCH GROWTH FUND
Governing document
TRUST DEED MADE 16 FEBRUARY 2004 AS AMENDED BY DEED OF VARIATION 29 JANUARY 2009
Charitable objects
3.1 UPON TRUST TO PERMIT THE LAND AND BUILDINGS FROM TIME TO TIME COMPRISED IN THE TRUST FUND TO BE USED BY INDEPENDENT CHURCHES AND CHRISTIAN MISSIONS AND EVANGELICAL CHURCHES AS CHURCHES, MISSION HALLS, CHURCH CENTRES, MINISTERS' RESIDENCES AND OTHERWISE FOR FURTHERING THE RELIGIOUS AND OTHER CHARITABLE WORK OF SUCH INDEPENDENT CHURCHES CHRISTIAN MISSIONS AND EVANGELICAL CHURCHES SO LONG AS THE SAME SHALL BE REQUIRED FOR SUCH PURPOSES AND SUBJECT THERETO TO LET OR OTHERWISE DISPOSE OF THE SAME AND APPLY THE INCOME OR CAPITAL ARISING THEREFROM IN MANNER HEREINAFTER APPEARING 3.2 UPON TRUST TO APPLY THE INCOME OF THE TRUST FUND AND AT THE DISCRETION OF THE TRUSTEE THE CAPITAL THEREOF IN MAKING GRANTS OR LOANS OR GIVING GUARANTEES FOR SUCH OF THE FOLLOWING CHARITABLE PURPOSES AS THE TRUSTEE SHALL IN ITS ABSOLUTE DISCRETION THINK FIT FROM TIME TO TIME:- (A) FOR THE PURPOSE OF ENCOURAGING THE PLANTING OF INDEPENDENT CHURCHES IN THE UNITED KINGDOM OF GREAT BRITAIN NORTHERN IRELAND THE CHANNEL ISLANDS AND THE ISLE OF MAN (B) FOR THE PURPOSE OF DEVELOPING ENCOURAGING AND SUPPORTING INDEPENDENT CHURCHES IN THE UNITED KINGDOM OF GREAT BRITAIN NORTHERN IRELAND THE CHANNEL ISLANDS AND THE ISLE OF MAN (C) FOR THE PURPOSE OF ASSISTING CHRISTIAN MISSIONS WHOSE PRIMARY PURPOSE IS TO PLANT AND/OR SUPPORT AND/OR WORK WITH INDEPENDENT CHURCHES IN THE UNITED KINGDOM OF GREAT BRITAIN NORTHERN IRELAND THE CHANNEL ISLANDS AND THE ISLE OF MAN 3.3 IF AT ANY TIME IN THE OPINION OF THE TRUSTEE THE INCOME OF THE TRUST FUND OR ANY PART OF SUCH INCOME IS NOT REQUIRED FOR USE IN THE MANNER SET OUT IN CLAUSE 3.2 HEREOF THE TRUSTEE SHALL THEREAFTER APPLY THE INCOME AND AT ITS DISCRETION THE CAPITAL OF THE TRUST FUND FOR SUCH OF THE FOLLOWING CHARITABLE PURPOSES AS THE TRUSTEE SHALL IN ITS ABSOLUTE DISCRETION THINK FIT:- (A) IN ACCORDANCE WITH CLAUSE 3.2 HEREOF (B) IN DEVELOPING ENCOURAGING AND SUPPORTING INDEPENDENT CHURCHES OUTSIDE THE UNITED KINGDOM AND IN ASSISTING CHRISTIAN MISSIONS WHOSE PRIMARY PURPOSE IS TO PLANT INDEPENDENT CHURCHES OUTSIDE THE UNITED KINGDOM (C) IN MAKING GRANTS OR LOANS OR GIVING GUARANTEES TO EVANGELICAL CHURCHES IN FURTHERANCE OF THEIR RELIGIOUS AND OTHER CHARITABLE WORK (D) IN MAKING GRANTS OR LOANS OR GIVING GUARANTEES TO CHRISTIAN MISSIONS IN FURTHERANCE OF THEIR RELIGIOUS AND OTHER CHARITABLE WORK
Area of benefit
NATIONAL
Registration history
  • 19 February 2009 : Standard registration
  • 12 July 2013 : Removed

Contact information

Address:
Stewardship
Unit A
1 Lamb's Passage
LONDON
Phone:
02085025600
Email:
enquiries@stewardship.org.uk
Website:

www.stewardship.org.uk Open in new window