ICHTHUS CHRISTIAN FELLOWSHIP
Financial health, per its FY2024 accounts
The accounts state that the charity reported a decrease in total funds of £306,058 for the year, bringing unrestricted reserves to £3,033,223. The Trustees consider a policy of holding a minimum of 4 months operational expenditure as a general reserve to be appropriate, and the current unrestricted reserves significantly exceed this target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees consider that a policy of holding a minimum of 4 months operational expenditure as a general reserve is appropriate for the charity.” — page 7
“5 salaried employees are related to members of the Board of Trustees. None of these employees earned more than £60,000 and in aggregate were paid £135,370 in the year (2023: £132,107)” — page 22
“During the year the charity released £2,500 (2023: £1,900) to Faith Forster out of the funds held under the Forster Fund.” — page 22
“5 salaried employees are related to members of the Board of Trustees. None of these employees earned more than £60,000 and in aggregate were paid £135,370 in the year (2023: £132,107)” — page 22
“During the year the charity released £2,500 (2023: £1,900) to Faith Forster out of the funds held under the Forster Fund.” — page 22
“5 salaried employees are related to members of the Board of Trustees. None of these employees earned more than £60,000 and in aggregate were paid £135,370 in the year (2023: £132,107)” — page 22
“During the year the charity released £2,500 (2023: £1,900) to Faith Forster out of the funds held under the Forster Fund.” — page 22
Structured financials (annual return, FY ending 31/10/2025)
Register events
- Received assets from another charity (26/10/2019)
- Received assets from another charity (04/05/2017)
Trustees
- JAMES WILLIAM CHAPMANchair
- DAVID FREDERICK HIGGINS PHAROAH
- David Peter Charles Curtis
- FAITH FORSTER
- Professor ROBERT GEORGE
- Sarah Caroline Larkin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £1.5m | £1.6m |
| 31/10/2024 | £1.3m | £1.6m |
| 31/10/2023 | £1.8m | £1.7m |
| 31/10/2022 | £1.5m | £1.4m |
| 31/08/2021 | £1.2m | £1.0m |
Common questions
Is ICHTHUS CHRISTIAN FELLOWSHIP financially healthy?
The accounts state that the charity reported a decrease in total funds of £306,058 for the year, bringing unrestricted reserves to £3,033,223. The Trustees consider a policy of holding a minimum of 4 months operational expenditure as a general reserve to be appropriate, and the current unrestricted reserves significantly exceed this target. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Armstrong & Co.