THE FORGE COMMUNITY CHURCH
To advance the Christian faith and to relieve persons who are in conditions of need and hardship or who are aged or sick.
Objects
(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN THE COUNTY OF SUFFOLK AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS OF THE CHARITY (HEREINAFTER CALLED "THE TRUSTEES") MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OFEN LAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY;(B) TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED OR HARDSHIP OR WHO ARE AGED OR SICK AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit for the year of £16,106, with total expenditure rising faster than income. Per the trustees' report, free reserves stood at £17,818, which is below the directors' agreed minimum cash balance target of £46,000 on general funds, though total unrestricted reserves were £187,549.
What the accounts disclose
“The Directors agreed a minimum reserves position for the year expressed as a minimum cash balance on general funds of £46,000.” — page 7
“During the year £744 (2023 - £NIL) was paid to close family members of Trustee Michael Walsh for cleaning services. There are no further related party transactions in the year that require disclosure (2023 - £NIL), other than those disclosed in note 10.” — page 26
Policies the charity declares
- Bullying and harassment policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Corporate structure
- Registered company of the charity Companies House 04964286
Funders the charity credits
- Street Kids Direct
- Hands at Work
Company officers (Companies House)
- LING, Jeremy Andrew on trustee list
- SPARKES, Lois on trustee list
- DONALDSON, Susanna Mary Sharp on trustee list
- COBBOLD, Sarah on trustee list
- WESTMANCOTT, Oliver on trustee list
- FENNING, Stephen James on trustee list
- URWIN, Stephen John on trustee list
- WALSH, Michael Christopher on trustee list
- SERJEANT, Neil
Trustees
- Jeremy Andrew Ling
- Lois Sparkes
- Michael Christopher Walsh
- Oliver Westmancott
- Sarah Cobbold
- Stephen James Fenning
- Stephen John Urwin
- Susanna Mary Sharp Donaldson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £440k | £456k |
| 31/12/2023 | £389k | £390k |
| 31/12/2022 | £357k | £433k |
| 31/12/2021 | £379k | £414k |
| 31/12/2020 | £455k | £385k |
Common questions
Is THE FORGE COMMUNITY CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit for the year of £16,106, with total expenditure rising faster than income. Per the trustees' report, free reserves stood at £17,818, which is below the directors' agreed minimum cash balance target of £46,000 on general funds, though total unrestricted reserves were £187,549. Its FY2024 accounts were independently examined.