EXETER NETWORK CHURCH
Registered charity 1109486 · accounts filings on the Charity Commission register
Promote and advance the Christian faith; relieve poverty, hardship, sickness and disease; and promote education and training.
Causes: Religious Activities · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £5,237 for the year ended 31 December 2024, resulting in total net assets of £158,754. The trustees confirm that the charity has adequate resources to continue as a going concern and that unrestricted reserves of £107,108 exceed the stated policy target of £60,000.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: Griffin Chartered Accountants is a company in which the son-in-law of a Trustee (resigned on 30 June 2024) was an employee during the year. Griffin Chartered Accountants have undertaken Independent Examination and preparation of the accounts for the year ended 31 December 2024 for a total of £2,250 (2023 - £2,160). The total amount was accrued as at 31 December 2024 and is included within creditors.
“Griffin Chartered Accountants is a company in which the son-in-law of a Trustee (resigned on 30 June 2024) was an employee during the year. Griffin Chartered Accountants have undertaken Independent Examination and preparation of the accounts for the year ended 31 December 2024 for a total of £2,250 (2023 - £2,160). The total amount was accrued as at 31 December 2024 and is included within creditors.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £4.8m
“For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used.” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.
- Andrew Edward Hingston
- Julia Elizabeth Jolley
- PAUL STEPHEN MORRISH · trustee of 1 other charity
- TOMAS SIMON HUNT
Trustee list from the Charity Commission register (current, not historical).
Operates in: Devon
Income and spending
Common questions
Is EXETER NETWORK CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £5,237 for the year ended 31 December 2024, resulting in total net assets of £158,754. The trustees confirm that the charity has adequate resources to continue as a going concern and that unrestricted reserves of £107,108 exceed the stated policy target of £60,000. Its FY2024 accounts were independently examined.
Who funds EXETER NETWORK CHURCH?
Funders whose own accounts filings name EXETER NETWORK CHURCH as a grant recipient include NORMAN WHITELEY TRUST, THE DAVID GIBBONS FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with GRACE CHURCH EXETER.
Side by side with its peers
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