WOLBOROUGH ECCLESIASTICAL CHARITY

Registered charity 1077386 · accounts filings on the Charity Commission register

The charity has set up a new bank standing order in favour of Wolborough P.C.C. to defray regular items of expenditure in connection with the maintenance of two local churches at running expenses which it has financed in the past. It continues to support two local Church of England schools as well as providing funds for the maintenance of the fabric of St Mary's & St Pauls churches.

Objects

(1) TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE ECCLESIASTICAL PARISH OF ST. MARY, WOLBOROUGH BY:A) REPAIRING AND MAINTAINING THE FABRIC OF ST MARY'S CHURCH; ANDB) MAINTAINING THE CHURCHYARD OF THE CHURCH; ANDC) MAINTAINING THE SERVICES OF THE CHURCH(2) IF AND IN SO FAR AS INCOME OF THE CHARITY CANNOT BE APPLIED TOWARDS THE OBJECT SPECIFIED IN SUB-CLAUSE (1) ABOVE, THE TRUSTEES MAY APPLY IT IN OTHERWISE FURTHERING THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE ECCLESIASTICAL PARISH

Area of benefit: THE ECCLESIASTICAL PARISH OF ST. MARY, WOLBOROUGH

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · Religious Activities · Get email alerts

Latest income
£78k
Latest spending
£100k
Registered
1999
Accounts read
FY2024

Financial health, per its FY2024 accounts

The charity reported unrestricted reserves of £102,938 against a total asset base of £111,945, with significant investments valued at £2,914,854. The accounts state that the charity maintains reserve funds for future major repairs, and the independent examiner confirmed no material matters required attention. The charity ended the year with a net decrease in cash balances but held substantial investment assets.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintaining reserve funds for future major repairs and improvements to St Mary's and St Paul's churches (held: £103k)
“The Charity has an established policy of maintaining reserve funds for future major repairs and improvements to St Mary's and St Paul's churches in Newton Abbot.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Financial Conduct Authority. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2024£78k£100k
31/12/2023£71k£66k
31/12/2022£66k£70k
31/12/2021£70k£75k
31/12/2020£66k£85k

Common questions

Is WOLBOROUGH ECCLESIASTICAL CHARITY financially healthy?

Per its FY2024 accounts: The charity reported unrestricted reserves of £102,938 against a total asset base of £111,945, with significant investments valued at £2,914,854. The accounts state that the charity maintains reserve funds for future major repairs, and the independent examiner confirmed no material matters required attention. The charity ended the year with a net decrease in cash balances but held substantial investment assets. Its FY2024 accounts were independently examined.