MOUNTSORREL CHURCH OF ENGLAND FUND
Advancing religion.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £75,467 for the year ended 31 December 2024, resulting in a decrease in total unrestricted funds from £986,852 to £911,385. The trustees confirm that the charity held free reserves in accordance with its stated policy, which targets up to £1,000,000 for emergency building works and an additional fund for approximately one year's management costs. The trustees also confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity receives 1/3 of the income of Mountsorrel United Charities (MUC), net of costs. The income is recognised when receipt is probable and the amount can be reliably measured. Dividends from the Church of England Fund's own investments are recognised once the dividend has been received.” — page 13
“Four of Mountsorrel Church of England Fund's twelve trustees are appointed by Mountsorrel United Charities.” — page 20
“The charity receives 1/3 of the income of Mountsorrel United Charities (MUC), net of costs. The income is recognised when receipt is probable and the amount can be reliably measured. Dividends from the Church of England Fund's own investments are recognised once the dividend has been received.” — page 13
“Four of Mountsorrel Church of England Fund's twelve trustees are appointed by Mountsorrel United Charities.” — page 20
“The charity receives 1/3 of the income of Mountsorrel United Charities (MUC), net of costs. The income is recognised when receipt is probable and the amount can be reliably measured. Dividends from the Church of England Fund's own investments are recognised once the dividend has been received.” — page 13
“Four of Mountsorrel Church of England Fund's twelve trustees are appointed by Mountsorrel United Charities.” — page 20
Trustees
- David Michael Winsorchair
- Alison Sheila Scott
- Andrew Richard Evans
- DAVID BIRD
- Flora Luscombe
- Ian Kenneth Evans
- Jason Mark G Owen
- Jeffrey Scott
- John Andrew Lowe
- Lesley Elliot
- Melanie Jane Deakin Rowley
- NICOLA JACQUELINE HARRISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £101k | £203k |
| 31/12/2023 | £136k | £135k |
| 31/12/2022 | £262k | £170k |
| 31/12/2021 | £237k | £136k |
| 31/12/2020 | £238k | £86k |
Common questions
Is MOUNTSORREL CHURCH OF ENGLAND FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £75,467 for the year ended 31 December 2024, resulting in a decrease in total unrestricted funds from £986,852 to £911,385. The trustees confirm that the charity held free reserves in accordance with its stated policy, which targets up to £1,000,000 for emergency building works and an additional fund for approximately one year's management costs. The trustees also confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Charities like this
- MOUNTSORREL UNITED CHARITIES
- MOUNTSORREL EDUCATIONAL FUND
- FOREST HILL COMMUNITY CHURCH
- BETHEL UNITED CHURCH OF JESUS CHRIST APOSTOLIC U.K.
- THE FREE CHURCH FEDERAL COUNCIL (INCORPORATED)
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MOUNTSORREL CHURCH OF ENGLAND FUND | £101k | — | 0 | within | — | no doubt |
| MOUNTSORREL UNITED CHARITIES | £553k | — | 0 | unclear | — | no doubt |
| MOUNTSORREL EDUCATIONAL FUND | £152k | — | 0 | unclear | — | no doubt |
| FOREST HILL COMMUNITY CHURCH | £275k | — | 0 | unclear | — | no doubt |
| BETHEL UNITED CHURCH OF JESUS CHRIST APOSTOLIC U.K. | £1.1m | — | 0 | above | — | no doubt |
| THE FREE CHURCH FEDERAL COUNCIL (INCORPORATED) | £240k | — | 0 | unclear | — | noted |