CHURCH CORPORATION TRUST
The role of the Governors is now principally the upkeep and the maintenance of Holy Cross Church, Crediton and the churchyard; the Chancel at St Martins Church, Exminster; the upkeep of St Lawrence Chapel, Crediton and some responsibility for St Boniface Church, Knowle, Crediton.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £87,329 in 2024, up from £67,001 in the previous year. The charity reports no material uncertainties regarding its ability to continue as a going concern. Total assets less current liabilities stood at £2,151,225, supported by significant permanent endowment investments.
What the accounts disclose
Trustees
- ANDREW ALBERT WHITE
- COLIN MICHAEL CLARK
- DAVID BRASSINGTON
- Dr Stephen Miller
- ERNEST JOHN HEARD
- GEORGE JOHN MORTIMER
- HENRY MOWBRAY PARKER
- MR JO WARD
- Miss CHRIS NICHOLL
- Rosemary Cheriton
- Rupert Edmund Geering
- William John Crooke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £97k | £47k |
| 31/12/2023 | £74k | £43k |
| 31/12/2022 | £63k | £71k |
| 31/12/2021 | £78k | £46k |
| 31/12/2020 | £118k | £36k |
Common questions
Is CHURCH CORPORATION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £87,329 in 2024, up from £67,001 in the previous year. The charity reports no material uncertainties regarding its ability to continue as a going concern. Total assets less current liabilities stood at £2,151,225, supported by significant permanent endowment investments. Its FY2024 accounts were independently examined.