PORTCHESTER FREE CHURCH TRUST
See Annual Trustees Report.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves (cash funds) stood at £23,275 at the year end, an increase from £265 in the previous year. The trustees report that this cash balance meets their stated policy target of holding no less than £3,600 to help meet operating costs. The charity's activities are governed by its sole trustee, Mission Guatemala C.I.O., and the independent examiner confirmed that no material matters came to attention regarding the accounts.
What the accounts disclose
“The charity generally aims to hold cash of no less than £3,600 to help meet operating costs”
“During the period the charity made payments totalling £17,383 (2023: £11,660) to Sophie Humphries de Cojulun to support her personally as she serves as a missionary in Guatemala. The other grants paid by the charity during the period were made to support Sophie's close family (who also serve as missionaries in Guatemala) and to support the mission projects they lead. Sophie is a trustee of Mission Guatemala C.I.O. , which is the charity's sole trustee.” — page 9
“During the period the charity made payments totalling £17,383 (2023: £11,660) to Sophie Humphries de Cojulun to support her personally as she serves as a missionary in Guatemala. The other grants paid by the charity during the period were made to support Sophie's close family (who also serve as missionaries in Guatemala) and to support the mission projects they lead. Sophie is a trustee of Mission Guatemala C.I.O. , which is the charity's sole trustee.” — page 9
Trustees
- Mission Guatemala
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £153k | £130k |
| 31/12/2023 | £132k | £133k |
| 31/12/2022 | £119k | £123k |
| 19/10/2021 | £158k | £160k |
| 30/06/2020 | £119k | £120k |
Common questions
Is PORTCHESTER FREE CHURCH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves (cash funds) stood at £23,275 at the year end, an increase from £265 in the previous year. The trustees report that this cash balance meets their stated policy target of holding no less than £3,600 to help meet operating costs. The charity's activities are governed by its sole trustee, Mission Guatemala C.I.O., and the independent examiner confirmed that no material matters came to attention regarding the accounts. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | 1 | £26k |
| THE COSTA FAMILY CHARITABLE TRUST | 1 | £4k |
Charities like this
- BRAMPTON CHARITABLE TRUST
- ICHTHUS CHRISTIAN FELLOWSHIP
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH
- David and Jeannie Chambers Charity for Mitcham Lane Baptist Church Charitable Incorporated Organisation
- AL-MANAR CENTRE TRUST
- HILLINGDON PARK BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PORTCHESTER FREE CHURCH TRUST | £153k | — | 0 | above | — | no doubt |
| BRAMPTON CHARITABLE TRUST | £101k | — | 0 | unclear | — | no doubt |
| ICHTHUS CHRISTIAN FELLOWSHIP | £1.5m | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILEMON TOXTETH | £173k | — | 0 | above | — | no doubt |
| David and Jeannie Chambers Charity for Mitcham Lane Baptist Church Charitable Incorporated Organisation | £154k | — | 0 | above | — | no doubt |
| AL-MANAR CENTRE TRUST | £161k | — | 0 | within | — | no doubt |