AINSDALE EVANGELICAL CHURCH TRUST
The objects of the Charity are to advance the Christian Faith in accordance with the teaching of the bible; to assist persons in need and to serve charitable purposes
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a deficit of £20,621 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £34,070. The trustees consider this level of reserves to be sufficient, as it exceeds their stated policy target of three to six months' expenditure (£11,567 to £23,134).
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 6
Trustees
- BEVERLEY GORDON KELLY
- Dr ALEC RAEBURN PASSMORE
- Raymond Cousins
- Rev JAMES JACOB PRASCH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £26k | £46k |
| 31/12/2023 | £29k | £41k |
| 31/12/2022 | £27k | £47k |
| 31/12/2021 | £28k | £44k |
| 31/12/2020 | £29k | £50k |
Common questions
Is AINSDALE EVANGELICAL CHURCH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a deficit of £20,621 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £34,070. The trustees consider this level of reserves to be sufficient, as it exceeds their stated policy target of three to six months' expenditure (£11,567 to £23,134). Its FY2024 accounts were independently examined.