RESTORE CHURCH BOSTON
Restore Church bringing hope & Pastoral care in our local communitiesChildren & Youth activities.Restore Homes, Housing for vulnerable & or homeless menFood van, Feeding people for free, 5 nights a week.Restore Pantry, Social supermarket for anyone & everyone.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £15,578 for the year ended 31 December 2024, resulting in total net assets decreasing to £96,960 from £112,538 in the previous year. The trustees attribute this deficit primarily to ongoing issues with Boston Borough Council funding. Despite the deficit, the charity maintains unrestricted reserves of £40,747, which is below its stated policy target of 2-4 months of expenditure.
What the accounts disclose
“Policy on reserves is that the charity will maintain 2 - 4 months reserves which the trustees deem sufficient to rehome the occupants of the charities properties should the need arise” — page 4
Trustees
- Karen louise slater
- MALCOLM MANN
- jackie Denise Monks
- marianne Christine Langley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £411k | £427k |
| 31/12/2023 | £393k | £390k |
| 31/12/2022 | £324k | £316k |
| 31/12/2021 | £229k | £250k |
| 31/12/2020 | £173k | £124k |
Common questions
Is RESTORE CHURCH BOSTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £15,578 for the year ended 31 December 2024, resulting in total net assets decreasing to £96,960 from £112,538 in the previous year. The trustees attribute this deficit primarily to ongoing issues with Boston Borough Council funding. Despite the deficit, the charity maintains unrestricted reserves of £40,747, which is below its stated policy target of 2-4 months of expenditure. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DERBYSHIRE COMMUNITY FOUNDATION | 1 | £31k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BOSTON
- JESUS RESTORATION CENTRE
- WAKEFIELD BAPTIST CHURCH
- PARISH OF EAST HAM, HOLY TRINITY
- THE PAROCHIAL CHURCH COUNCIL FOR THE ECCLESIASTICAL PARISH OF ST CHRISTOPHER, BOURNEMOUTH
- RCCG - CITY OF REDEMPTION PARISH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| RESTORE CHURCH BOSTON | £411k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BOSTON | £409k | — | 0 | unclear | — | no doubt |
| JESUS RESTORATION CENTRE | £125k | — | 0 | below | — | no doubt |
| WAKEFIELD BAPTIST CHURCH | £169k | — | 0 | above | — | no doubt |
| PARISH OF EAST HAM, HOLY TRINITY | £345k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL FOR THE ECCLESIASTICAL PARISH OF ST CHRISTOPHER, BOURNEMOUTH | £264k | — | 0 | above | — | no doubt |