THE SOLA TRUST

Charity number: 1062739
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Providing grants to individuals involved in training for gospel word ministry. Such training may be at theological college or be of an apprentice-style, based at at a Church. Also provision of grants to churches and other organisations involved in promoting the Christian faith to assist with the launch of new ministries. On occasion provides grants to gospel workers facing financial hardship.

Income and expenditure

Data for financial year ending 31 March 2024

Total income: £181,856
Total expenditure: £427,147

People

3 Trustee(s)

Employees with total benefits over £60,000

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

Fundraising

No information available

Trading

This charity does not have any trading 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 Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Belgium
  • Ireland
  • New Zealand
  • Northern Ireland
  • Scotland
  • South Africa

Governance

Registration history:
  • 06 June 1997: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Risk management
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity does not own and/or lease 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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
SIMON HUMPHREY WESTLAND PILCHER Chair
THE KENNERLEY RUMFORD TRUST
Received: On time
GOSPEL PARTNERS TRUST
Received: On time
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, HENHAM
Received: On time
BRIAN WILLIAM O'DONOGHUE Trustee 01 November 2022
THE LONDON DIOCESAN FUND
Received: On time
ELTHAM COLLEGE
Received: On time
LONDON GOSPEL PARTNERSHIP
Received: 41 days late
THE LONDON DIOCESAN BOARD OF FINANCE
Received: On time
GOSPEL PARTNERS TRUST
Received: On time
RACHEL MARGUERITE PILCHER Trustee
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £451.48k £1.11m £15.53k £360.50k £181.86k
Total expenditure £562.18k £381.17k £438.50k £516.13k £427.15k
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 N/A £1.11m N/A N/A N/A
Income - Other trading activities N/A £0 N/A N/A N/A
Income - Charitable activities N/A £0 N/A N/A N/A
Income - Endowments N/A £0 N/A N/A N/A
Income - Investment N/A £0 N/A N/A N/A
Income - Other N/A £0 N/A N/A N/A
Income - Legacies N/A £0 N/A N/A N/A
Expenditure - Charitable activities N/A £381.17k N/A N/A N/A
Expenditure - Raising funds N/A £0 N/A N/A N/A
Expenditure - Governance N/A £3.01k N/A N/A N/A
Expenditure - Grants institution N/A £121.53k N/A N/A N/A
Expenditure - Investment management N/A £0 N/A N/A N/A
Expenditure - Other N/A £0 N/A N/A N/A

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 March 2024 26 January 2025 On Time
Accounts and TAR 31 March 2024 26 January 2025 On Time Download Open in new window
Annual return 31 March 2023 26 January 2024 On Time
Accounts and TAR 31 March 2023 26 January 2024 On Time Download Open in new window
Annual return 31 March 2022 27 January 2023 On Time
Accounts and TAR 31 March 2022 Not Required
Annual return 31 March 2021 28 January 2022 On Time
Accounts and TAR 31 March 2021 28 January 2022 On Time Download Open in new window
Annual return 31 March 2020 27 December 2020 On Time
Accounts and TAR 31 March 2020 23 January 2021 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.

TRUST DEED DATED 13 MAY 1997

Charitable objects

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL AND ALL OR SUCH PART OR PARTS OF THE CAPITAL FOR FOR OR TOWARDS THE FOLLOWING CHARITABLE PURPOSE AND TO MAKE GRANTS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS OR OTHERWISE AS FALL WITHIN SUCH PURPOSES AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR FOR THE PERIOD OF TWENTY-ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR NAMELY:- [A] THE RELIEF OF POVERTY, AND [B] THE ADVANCEMENT OF THE CHRISTIAN FAITH.

Area of benefit

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

NATIONAL

Contact information

Address:
GREENEND BARN
WOOD END GREEN
HENHAM
BISHOP'S STORTFORD
CM22 6AY
Phone:
01279850819
Email:
admin@solatrust.org.uk
Website:

www.solatrust.org.uk Open in new window