THE HASTINGS COMMUNITY TRUST
Financial health, per its FY2025 accounts
The accounts state that free reserves stood at £158,573, which the trustees consider to be approximately 3.5 months of regular church income, exceeding their stated policy target of two to three months. The charity reported a net income of £210,664 for the year, with total resources increasing to £2,184,412, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“the charity’s policy is to maintain these at a level between two to three months of regular church income” — page 10
“Transactions between these entities and The Hastings Community Trust in the year amounted to a £1,200 to Jubilee+ and £900 to TLG.” — page 24
“Hastings Centre Trading Ltd continues to operate as a subsidiary of the charity” — page 9
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Paul Rackstrawchair
- Andrew David Phillips
- Natalie Anne Williams
- Theresa Mummery
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £1.9m | £1.7m |
| 31/08/2024 | £1.7m | £1.6m |
| 31/08/2023 | £1.5m | £1.4m |
| 31/08/2022 | £1.1m | £1.3m |
| 31/08/2021 | £1.0m | £1.1m |
Common questions
Is THE HASTINGS COMMUNITY TRUST financially healthy?
The accounts state that free reserves stood at £158,573, which the trustees consider to be approximately 3.5 months of regular church income, exceeding their stated policy target of two to three months. The charity reported a net income of £210,664 for the year, with total resources increasing to £2,184,412, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Chariot House Limited.