Charity Accounts Intelreading the accounts so you don’t have to

LEA VALLEY CHURCH

Registered charity 1054351 · accounts filings on the Charity Commission register · also known as LVC, THE WORD

Latest income
£193k
Latest spending
£190k
Registered
1996
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported an accounting deficit of £4,694 for the year ended 31 December 2023, with total income decreasing to £185,832 and total expenditure at £190,526. The trustees note that increasing mortgage and energy costs will need to be accommodated in the future, but confirm that the charity has adequate resources to continue operating as a going concern.

What the accounts disclose

Reserves policy: three months’ working capital available (held: £711k)
“The trustees and church council have agreed that it would be prudent to have three months’ working capital available.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/12/2024£193k£190k
31/12/2023£186k£191k
31/12/2022£205k£199k
31/12/2021£189k£155k
31/12/2020£211k£193k

Common questions

Is LEA VALLEY CHURCH financially healthy?

The accounts state that the charity reported an accounting deficit of £4,694 for the year ended 31 December 2023, with total income decreasing to £185,832 and total expenditure at £190,526. The trustees note that increasing mortgage and energy costs will need to be accommodated in the future, but confirm that the charity has adequate resources to continue operating as a going concern. Its FY2023 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THAMES VALLEY CHURCHES OF CHRIST.