SUFFOLK CLERGY CHARITY
Religious
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.
What the accounts disclose
“The principal funding source was income of £39,161 (2023: £38,518) earned on investments.” — page 6
“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.”
Register events
- Received assets from another charity (06/12/2018)
Trustees
- Gary Peverley
- Rev Alan Forsdike
- Rev Catherine Forsdike
- Rev Joanne Grenfell DR
- Rev Rich Henderson
- Rev Samantha Brazier-Gibbs
- Rev Simon Hill
- The Venerable Dr David Harold Jenkins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.