VALLEY CHURCH ANDOVER TRUST
Advancement of Christian faith locally and supporting other organisations with similar aims nationally and internationally. Relief of poverty both financial and spiritual. Social action showing compassion and supporting those in need without prejudice.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outflow of unrestricted funds of £5,759, resulting in free reserves of £5,200 at year-end. This figure is below the trustees' stated reserves policy target of £8,256, which represents six weeks of regular expenditure. Despite this shortfall, the trustees believe the charity has sufficient working capital to continue operating for more than 12 months, citing secured utility savings and volunteer support.
What the accounts disclose
“We acknowledge that the level of Free Reserves of £5,200 at 28 February 2025 was below the recommended level of £8,256” — page 18
“The trustees have reviewed the ongoing financial position of the charity and have identified areas of potential material uncertainty. However the trustees are satisfied that they understand the trust's liabilities; they continue to monitor the financial situation closely to ensure the charity remains solvent.” — page 4
Trustees
- MARK ROSS BARLOWchair
- Andrew Carter
- CAROLYN RUTH CARTER
- NICHOLAS JOHN McNALLY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £81k | £87k |
| 29/02/2024 | £82k | £92k |
| 28/02/2023 | £72k | £85k |
| 28/02/2022 | £57k | £83k |
| 28/02/2021 | £94k | £69k |
Common questions
Is VALLEY CHURCH ANDOVER TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outflow of unrestricted funds of £5,759, resulting in free reserves of £5,200 at year-end. This figure is below the trustees' stated reserves policy target of £8,256, which represents six weeks of regular expenditure. Despite this shortfall, the trustees believe the charity has sufficient working capital to continue operating for more than 12 months, citing secured utility savings and volunteer support. Its FY2025 accounts were independently examined.