HOLLYBUSH CHRISTIAN FELLOWSHIP
Financial health, per its FY2024 accounts
The accounts state that net assets reduced by £155,506 to £1,039,098, with unrestricted funds depleting over successive years. The trustees report that radical measures, including staff redundancies and the cessation of overseas mission payments, were introduced to mitigate losses. While bank balances remain above £33,000, the charity notes that donations are down and no substantial legacy receipts have been received since 2023.
What the accounts disclose
“No employee received emoluments of more than £60,000 (2023 : None).”
“The trustees have established the policy whereby the unrestricted funds not committed or invested in tangible fixed assets are held as general funds at such a level as there are free reserves to provide financial flexibility over the next financial year.” — page 5
“The Fellowship bank balances are still depleting but remain above £33,000 to date.” — page 5
“Miss J Wilkinson, a trustee of Hollybush Christian Fellowship, has been employed as Office Administrator from 1 January 2012. Miss J Wilkinson was paid salary of £27,040 in the year (2023 - £27,040). Additional pension costs paid were £1,082 (2023 - £1,082). The other trustees were not paid during the year.” — page 14
“Miss J Wilkinson, a trustee of Hollybush Christian Fellowship, has been employed as Office Administrator from 1 January 2012. Miss J Wilkinson was paid salary of £27,040 in the year (2023 - £27,040). Additional pension costs paid were £1,082 (2023 - £1,082). The other trustees were not paid during the year.” — page 14
Year-over-year changes
- Going concern: no going-concern doubt (FY2023) → going-concern doubt noted (FY2024).
Trustees
- Peter Kempchair
- JOANNA JANE WILKINSON
- Matthew Camp
- PASTOR JAMES CHRISTOPHER WILKINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £149k | £304k |
| 31/12/2023 | £174k | £231k |
| 31/12/2022 | £168k | £221k |
| 31/12/2021 | £154k | £163k |
| 31/12/2020 | £90k | £173k |
Common questions
Is HOLLYBUSH CHRISTIAN FELLOWSHIP financially healthy?
The accounts state that net assets reduced by £155,506 to £1,039,098, with unrestricted funds depleting over successive years. The trustees report that radical measures, including staff redundancies and the cessation of overseas mission payments, were introduced to mitigate losses. While bank balances remain above £33,000, the charity notes that donations are down and no substantial legacy receipts have been received since 2023. Its FY2024 accounts were independently examined.
What does the highest-paid employee of HOLLYBUSH CHRISTIAN FELLOWSHIP earn?
Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.
Who funds HOLLYBUSH CHRISTIAN FELLOWSHIP?
Funders whose own accounts filings name HOLLYBUSH CHRISTIAN FELLOWSHIP as a grant recipient include BETHEL COMMUNITY CHURCH.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BETHEL COMMUNITY CHURCH | FY2023 | £2k |
| BETHEL COMMUNITY CHURCH | FY2022 | £1k |
| BETHEL COMMUNITY CHURCH | FY2024 | £90 |