BRAVE CHURCH
We are a faith based charity committed to making a difference in the local community. We run a Christian church and offer various community based programs for young people, children, and families.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £41,071 for the year, resulting in a decrease in total funds from £475,554 to £434,483. The trustees confirm that free unrestricted funds of £48,312 meet the stated reserves policy target of approximately £47,708, representing three months of expenditure. The trustees maintain a going concern basis, citing adequate resources for the foreseeable future.
What the accounts disclose
“It is intended that sufficient reserves are retained to enable the Charity to undertake its financial commitments for a minimum of three months which would equate to approximately £47,708.”
“A trustee has been paid to complete the role of Senior Minister for the Church. This amounts to the sum of £44,300 in salary before tax and national insurance, £1,329 in employers pension contributions and £4,803 in employers national insurance.” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £531k | £572k |
| 31/12/2023 | £406k | £355k |
| 31/12/2022 | £434k | £314k |
| 31/12/2021 | £403k | £400k |
| 31/12/2020 | £393k | £338k |
Common questions
Is BRAVE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £41,071 for the year, resulting in a decrease in total funds from £475,554 to £434,483. The trustees confirm that free unrestricted funds of £48,312 meet the stated reserves policy target of approximately £47,708, representing three months of expenditure. The trustees maintain a going concern basis, citing adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 30/05/2019 | £10k | Big Community Meal |
| The National Lottery Community Fund | 30/03/2009 | £6k | Puls8 |