THE KINGS CHURCH BOSTON SPA
Christian worship. Bible study & prayer. Outreach. Projects in the community. Donations to other charities.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a small net surplus of £1,418 for the year ended 31 December 2024, with total income of £82,904 and expenditure of £81,486. Per the trustees' report, unrestricted cash held at year-end was £145,242, which complies with the stated reserves policy target of no less than £26,500. The trustees have assessed that the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“the charity should aim to hold unrestricted cash of no less than £26,500 (which equates to about 3 months' of unrestricted expenditure)” — page 4
“received donations totalling £9,840 (2023: £10,290) from trustees.” — page 13
Trustees
- David Andrew Faraday
- John Neil Newlove
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £83k | £81k |
| 31/12/2023 | £93k | £74k |
| 31/12/2022 | £87k | £93k |
| 31/12/2021 | £95k | £110k |
| 31/12/2020 | £94k | £92k |
Common questions
Is THE KINGS CHURCH BOSTON SPA financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a small net surplus of £1,418 for the year ended 31 December 2024, with total income of £82,904 and expenditure of £81,486. Per the trustees' report, unrestricted cash held at year-end was £145,242, which complies with the stated reserves policy target of no less than £26,500. The trustees have assessed that the charity has adequate resources to continue operating for the foreseeable future. Its FY2024 accounts were independently examined.