SUFFOLK CLERGY CHARITY

Registered charity 1002233 · accounts filings on the Charity Commission register

Religious

Causes: Religious Activities · Get email alerts

Latest income
£39k
Latest spending
£39k
Registered
1991
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves totalled £7,886, which the Trustees consider sufficient to cover emergency grants and ensure the charity continues as a going concern. The charity reported a net expenditure of £52 for the year, funded primarily by investment income of £39,211. The Trustees maintain a policy of not intentionally building up income reserves beyond what is needed for contingencies.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (100% of income)
The principal funding source was income of £39,161 (2023: £38,518) earned on investments. — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient funds are retained to ensure a couple of emergency grants can be covered at any one time (held: £8k)
Income reserves are not intentionally built up, but sufficient funds are retained to ensure a couple of emergency grants can be covered at any one time.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

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Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2024£39k£39k
31/12/2023£39k£47k
31/12/2022£38k£44k
31/12/2021£37k£37k
31/12/2020£37k£35k

Common questions

Is SUFFOLK CLERGY CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves totalled £7,886, which the Trustees consider sufficient to cover emergency grants and ensure the charity continues as a going concern. The charity reported a net expenditure of £52 for the year, funded primarily by investment income of £39,211. The Trustees maintain a policy of not intentionally building up income reserves beyond what is needed for contingencies. Its FY2024 accounts were independently examined.