GROSVENOR CHURCH BARNSTAPLE
Financial health, per its FY2023 accounts
The accounts state that total income was £480,611 and total expenditure was £498,021, resulting in a net expenditure of £17,410 for the year. The charity's free reserves stood at £247,302, which the trustees note was greater than one month's expenditure. The financial position is described as being in line with trustee expectations, supported by careful budgeting and monitoring.
What the accounts disclose
Trustees
- Amanda Frances Burrows
- Emily Jean Thubron
- James Kenneth Hyde
- Nathan Sims
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £383k | £335k |
| 31/03/2024 | £375k | £353k |
| 31/03/2023 | £481k | £498k |
| 31/03/2022 | £454k | £490k |
| 31/03/2021 | £433k | £432k |
Common questions
Is GROSVENOR CHURCH BARNSTAPLE financially healthy?
The accounts state that total income was £480,611 and total expenditure was £498,021, resulting in a net expenditure of £17,410 for the year. The charity's free reserves stood at £247,302, which the trustees note was greater than one month's expenditure. The financial position is described as being in line with trustee expectations, supported by careful budgeting and monitoring. Its FY2023 accounts were independently examined.
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