ADORE CHURCH
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £7,461 for the year ended 31 August 2025, compared to a deficit of £43,708 in the prior year. Despite the deficit, the charity holds unrestricted cash reserves of £507,963, which significantly exceeds its stated policy target of three to six months of operating expenses (£66k to £134k). The trustees confirm that the financial statements have been prepared on a going concern basis.
What the accounts disclose
“The Trustees aim to hold reserve funds from a level of three to six months of operating expenses. This equates to a fund of between £66k to £134k.”
Corporate structure
- Registered company of the charity Companies House 03059994
Structured financials (annual return, FY ending 31/08/2022)
Trustees
- Godfrey David Barkerchair
- Charles Neil Spencer
- REVEREND DAVID TOWNLEY MCNEIL
- STEPHEN COX
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £260k | £267k |
| 31/08/2024 | £217k | £261k |
| 31/08/2023 | £184k | £244k |
| 31/08/2022 | £606k | £241k |
| 31/08/2021 | £937k | £171k |
Common questions
Is ADORE CHURCH financially healthy?
The accounts state that the charity reported a net deficit of £7,461 for the year ended 31 August 2025, compared to a deficit of £43,708 in the prior year. Despite the deficit, the charity holds unrestricted cash reserves of £507,963, which significantly exceeds its stated policy target of three to six months of operating expenses (£66k to £134k). The trustees confirm that the financial statements have been prepared on a going concern basis. Its FY2025 accounts were independently examined.
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