THORNHILL CHURCH TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £7,502 for the year ended 31 March 2024, with unrestricted income of £321,689 against total expenditure of £314,187. Per the trustees' report, unrestricted funds increased from £486,657 to £494,159, and the balance sheet shows net current assets of £250,629. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- DAVID ALAN MCNEILLchair
- Jin Sul Park
- Matthew Elliot Hopkins
- ROGER STEPHEN PROSSER
- Rhys Evans
- Stephen Burton
- Stuart Christopher Parsons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £325k | £309k |
| 31/03/2024 | £322k | £314k |
| 31/03/2023 | £300k | £267k |
| 31/03/2022 | £284k | £270k |
| 31/03/2021 | £267k | £245k |
Common questions
Is THORNHILL CHURCH TRUST financially healthy?
The accounts state that the charity reported a net surplus of £7,502 for the year ended 31 March 2024, with unrestricted income of £321,689 against total expenditure of £314,187. Per the trustees' report, unrestricted funds increased from £486,657 to £494,159, and the balance sheet shows net current assets of £250,629. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £18k |
| BANBURY CHARITIES | 1 | £9k |