THE KING'S CHURCH, EPSOM
Sunday ServiceChildrens ClubsLeading and supporting activities beneficial to the community of Epsom & Ewell
Financial health, per its FY2024 accounts
The charity reported a surplus of £59,518 for the year, with total income of £319,195 and total expenditure of £259,677. Free unrestricted reserves stood at £59,795, which the trustees state is consistent with their policy to maintain reserves covering three months of expenses (approximately £60,000). The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Church to maintain enough reserves to cover three months of expenses including salaries and running costs. This currently equates to reserves of around £60,000” — page 4
“Aggregate giving to the Church totalling £21,895 was received from 4 directors (and/or their spouse) in 2024 (2023: £18,332). There were no conditions attached to these donations.” — page 19
Property (HM Land Registry)
Trustees
- MICHAEL GORDON BROOK
- Philip Titus Varugese
- Shina Olalekan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £319k | £260k |
| 31/12/2023 | £258k | £245k |
| 31/12/2022 | £234k | £219k |
| 31/12/2021 | £207k | £170k |
| 31/12/2020 | £233k | £199k |
Common questions
Is THE KING'S CHURCH, EPSOM financially healthy?
Per its FY2024 accounts: The charity reported a surplus of £59,518 for the year, with total income of £319,195 and total expenditure of £259,677. Free unrestricted reserves stood at £59,795, which the trustees state is consistent with their policy to maintain reserves covering three months of expenses (approximately £60,000). The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.