THE CROWN CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity ended the financial year with a surplus of £8,601 and total net assets of £1,264,026. Per the trustees' report, unrestricted general reserves were £76,219, which is below the stated policy target of three months' running costs (£100,000). The trustees acknowledge the financial picture is mixed but consider the charity a going concern with no material uncertainties.
What the accounts disclose
“The Board of Trustees have agreed on the following reserves policy; that we set aside three months of running costs of £100,000” — page 11
Trustees
- Adebimpe Toby
- Maxine Willetts
- Oko Anyaegbu
- Stefan Omar Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £382k | £417k |
| 31/08/2024 | £397k | £389k |
| 31/08/2023 | £360k | £347k |
| 31/08/2022 | £419k | £323k |
| 31/08/2021 | £424k | £317k |
Common questions
Is THE CROWN CHURCH financially healthy?
The accounts state that the charity ended the financial year with a surplus of £8,601 and total net assets of £1,264,026. Per the trustees' report, unrestricted general reserves were £76,219, which is below the stated policy target of three months' running costs (£100,000). The trustees acknowledge the financial picture is mixed but consider the charity a going concern with no material uncertainties. Its FY2024 accounts were independently examined.
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