NINE THIRTY EIGHT 9:38
9:38 exists to serve local churches as they seek to raise up the next generation of gospel workers. It runs an annual residential conference & seeks to catalyse regional conferences where Christians can think through how best to maximise their gospel ministry & to consider full or part-time gospel work. 9:38 also helps churches to set up ministry trainee schemes & promotes such vacancies online.
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash reserves were £30,714 at year-end, which complies with the charity's policy of holding approximately six months of unrestricted expenditure (minimum £16,500). Per the trustees' report, total income increased slightly to £44,355 while expenditure decreased to £60,315, resulting in a net decrease in cash funds of £15,960 for the year.
What the accounts disclose
“The Trustees have determined that the charity should aim to hold unrestricted cash which equates to approximately six months of unrestricted expenditure so that the charity could continue to operate should income and / or expenditure vary adversely.” — page 4
“Francesca Kirby was employed by the charity as administrator and was paid £8436 for serving in that capacity, not for serving as trustee. No other payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 8
Trustees
- Elizabeth Smallwood
- Francis Edward Orlando Saer
- Rev Mark Anthony Murthen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £60k |
| 31/12/2023 | £43k | £63k |
| 31/12/2022 | £44k | £49k |
| 31/12/2021 | £49k | £39k |
| 31/12/2020 | £46k | £61k |
Common questions
Is NINE THIRTY EIGHT 9:38 financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted cash reserves were £30,714 at year-end, which complies with the charity's policy of holding approximately six months of unrestricted expenditure (minimum £16,500). Per the trustees' report, total income increased slightly to £44,355 while expenditure decreased to £60,315, resulting in a net decrease in cash funds of £15,960 for the year. Its FY2024 accounts were independently examined.