Colchester City Church
The principal activity throughout the year under review was that of the advancement of the Christian Faith and the extension of the Kingdom of God.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased significantly from £16,161 to £5,721 due to relocation costs and the absence of a legacy received in the prior year. Total charity funds dropped from £17,766 to £6,041, with cash holdings falling by approximately 66%. Despite a decrease in overall income, the trustees noted an increase in regular giving and expressed hope that finances would improve with the new venue.
What the accounts disclose
Trustees
- Dean Kitchener
- Josephine Okonkwo
- Joyce McIntyre
- Mark Barford
- Martin Manning
- Rosemary Kalu
- Sean McIntyre
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £56k |
| 31/12/2023 | £53k | £39k |
| 31/12/2022 | £31k | £35k |
| 31/12/2021 | £33k | £33k |
| 31/12/2020 | £27k | £31k |
Common questions
Is Colchester City Church financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased significantly from £16,161 to £5,721 due to relocation costs and the absence of a legacy received in the prior year. Total charity funds dropped from £17,766 to £6,041, with cash holdings falling by approximately 66%. Despite a decrease in overall income, the trustees noted an increase in regular giving and expressed hope that finances would improve with the new venue. Its FY2024 accounts were independently examined.