PENTECOSTAL RESIDENCES CHARITY
Provider of housing for over 60's
Objects
1) HOUSING ACCOMMODATION FOR PERSONS OVER 60 YEARS WHO ARE IN NEED OF SUCH ACCOMMODATION AND WHO ARE MEMBERS OF THE HALTON PENTECOSTAL CHURCH OR IN FELLOWSHIP WITH THE CHURCH, OR A CHURCH IN FELLOWSHIP THEREWITH , OR OTHER PERSONS IN SUCH NEED. 2) RELIEVING AGED PERSONS IN OCCUPATION OF THE HOUSING ACCOMMODATION OF THE CHARITY AND,SUBJECT THERETO , APPLYING THE INCOME IN FURTHERING THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE HALTON PENTECOSTAL CHURCH.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £42,275 for the year, resulting in a decrease in total funds from £1,529,074 to £1,486,799. The trustees confirm that free reserves of £1,486,799 exceed their stated policy target of approximately £625,000, providing adequate working capital. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Included in the above is the amount of £37,235, paid to Sean Smith, a trustee who is paid in his role as an employee of the charity. Also included is the amount of £18,818 paid to Diane Daniels, a trustee of the Foundry church, who is paid in her role as consultant to the charity.” — page 14
“The Charity is effectively controlled by The Foundry Community Church (charity no. 1174210) which also controls The Lighthouse Foundation (charity no. 1100896). The charity donated £50,000 to the Foundry Community Church.” — page 16
Policies the charity declares
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
Trustees
- SEAN JOHN SMITHchair
- Howard John Carruthers Kelly
- JANETTE HICKLING
- Lois Martha Taviner
- Lynn Holland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £359k | £401k |
| 31/12/2023 | £363k | £379k |
| 31/12/2022 | £345k | £316k |
| 31/12/2021 | £336k | £298k |
| 31/12/2020 | £335k | £211k |
Common questions
Is PENTECOSTAL RESIDENCES CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £42,275 for the year, resulting in a decrease in total funds from £1,529,074 to £1,486,799. The trustees confirm that free reserves of £1,486,799 exceed their stated policy target of approximately £625,000, providing adequate working capital. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.