KING'S CHURCH (MILTON KEYNES)
Latest income
£233k
Latest spending
£225k
Registered
2004
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £233,288 against charitable expenditure of £225,097, resulting in a net surplus of £8,191. Per the trustees' report, unrestricted funds increased to £477,099, and the directors confirmed that sufficient funds were held to meet their reserves policy target of two months' regular expenses.
What the accounts disclose
Reserves policy: two months' regular expenses and costs (£20,000) (held: £477k)
“The directors seek to keep 2 months’ regular expenses and costs (£20,000) in reserve as cash or near cash” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The charity employs a Mr S Forbes, brother of the trustee Mr A Forbes, Mrs L Tocknell, daughter of the trustee Mr A Forbes and Mrs F Clare, wife of the trustee C J Clare. During the year the charity paid these three related parties a total of £38,451 (2024: £53,659)
“During the year the charity paid these three related parties a total of £38,451 (2024: £53,659)”
“During the year under review trustees and close relatives made unrestricted donations totalling £29,937 (2024: £31,700).” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: During the year under review trustees and close relatives made unrestricted donations totalling £29,937 (2024: £31,700).
“During the year the charity paid these three related parties a total of £38,451 (2024: £53,659)”
“During the year under review trustees and close relatives made unrestricted donations totalling £29,937 (2024: £31,700).” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 05014713
Trustees
- ANDREW MARTYN FORBESchair
- David Andrew Forbes
- Stanley Samuel
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £233k | £225k |
| 31/03/2024 | £173k | £192k |
| 31/03/2023 | £166k | £186k |
| 31/03/2022 | £203k | £175k |
| 31/03/2021 | £186k | £183k |
Common questions
Is KING'S CHURCH (MILTON KEYNES) financially healthy?
The accounts state that total income for the year was £233,288 against charitable expenditure of £225,097, resulting in a net surplus of £8,191. Per the trustees' report, unrestricted funds increased to £477,099, and the directors confirmed that sufficient funds were held to meet their reserves policy target of two months' regular expenses. Its FY2025 accounts were independently examined.