PSALM 84 V.10
Church in Lincolnshire
Objects
(1) TO ADVANCE CHRISTIANITY IN ANY PART OF THE WORLD (2) SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES FROM TIME TO TIME DECIDE
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £184,445, supported by income of £105,512 against charitable expenditure of £84,215. The trustees report that finances remained in good order with income covering activities. The filing was subject to an independent examination rather than a full audit.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 03694147
- Equity: £179k
- Average employees: 3
Company officers (Companies House)
- DALY-ROY, Ruth Elizabeth on trustee list
- MAGUIRE, Mary on trustee list
- TOYNE, Adrian John on trustee list
- BROWN, Adam Lee, Dr on trustee list
- EVANS, Alan John Maurice on trustee list
- PROTHEROE, Mark Christopher, Dr on trustee list
- REID, Lara
Trustees
- ADRIAN JOHN TOYNEchair
- Alan John Maurice Evans
- Dr Adam Brown
- Dr MARK CHRISTOPHER PROTHEROE
- Mary Maguire
- Ruth Elizabeth Daly-Roy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £84k |
| 31/12/2023 | £111k | £69k |
| 31/12/2022 | £100k | £57k |
| 31/12/2021 | £87k | £81k |
| 31/12/2020 | £81k | £93k |
Common questions
Is PSALM 84 V.10 financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £184,445, supported by income of £105,512 against charitable expenditure of £84,215. The trustees report that finances remained in good order with income covering activities. The filing was subject to an independent examination rather than a full audit. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £477k |
| THE ARCHBISHOPS' COUNCIL | 1 | £155k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, HORWICH, DIOCESE OF MANCHESTER | 1 | £50 |
Charities like this
- CHURCHES TOGETHER IN ENGLAND
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. NICHOLAS WITH ST. JOHN BAPTIST, LINCOLN
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S KINGS WORTHY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LINCOLN ST SWITHIN
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, HESSLE
- BRIDGE CHURCH LINCOLN
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PSALM 84 V.10 | £106k | — | 0 | unclear | — | no doubt |
| CHURCHES TOGETHER IN ENGLAND | £473k | £70,000 - £80,000 | 1 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. NICHOLAS WITH ST. JOHN BAPTIST, LINCOLN | £110k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S KINGS WORTHY | £191k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LINCOLN ST SWITHIN | £268k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, HESSLE | £303k | — | 0 | unclear | — | no doubt |