HINGHAM CHRISTIAN FELLOWSHIP
To advance the Christian faith by preaching the Gospel; outreach into the community through parents and toddlers group, youth group; to offer services of worship and teaching in the Christian faith for all ages and offer prayerful support; to relieve sickness and financial hardship
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves are £20,495, which the trustees note will only cover approximately six months of outgoings. The trustees explicitly warn that unless circumstances change, the charity will be insolvent before the next year is up. Additionally, the charity lost its pastor after the year end, an event the accounts state is impossible to quantify financially.
What the accounts disclose
“At the end of the year the charity does not have enough funds which with the regular income will allow it to function for the following year”
“The regular income plus the reserves will cover about one six months outgoings so unless something changes the charity will be insolvent before the next year is up.”
Trustees
- Andy Barnardchair
- JANET EVELYN WASHINGTON
- Liz Gray
- Nick Butt
- ROGER GRAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £58k |
| 31/12/2023 | £47k | £53k |
| 31/12/2022 | £51k | £53k |
| 31/12/2021 | £34k | £55k |
| 31/12/2020 | £41k | £60k |
Common questions
Is HINGHAM CHRISTIAN FELLOWSHIP financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves are £20,495, which the trustees note will only cover approximately six months of outgoings. The trustees explicitly warn that unless circumstances change, the charity will be insolvent before the next year is up. Additionally, the charity lost its pastor after the year end, an event the accounts state is impossible to quantify financially. Its FY2024 accounts were independently examined.