TRINITY CHELTENHAM TRUST
To offer any help that a church may provide in the furtherance of the Christian faith (including, but not limited to, the provision of buildings and services) to the Holy Trinity Church, Portland Street, Cheltenham and to any other person or organisation that the directors of the Charity may see fit from time to time
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £12,903 for the year, resulting in total unrestricted reserves of £828,684. The charity holds significant tangible fixed assets valued at £1,321,056 but carries non-current liabilities of £469,069, primarily secured bank mortgages. The trustees confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“TCT also generated £77,665 (2024 - £77,069) in the year through sales activity with income from the use of its facilities.” — page 5
“TCT does not intend to build up substantial operational reserves. To minimise the risk of being unable to meet all Its financial obligations as they fall due, focusing on the need to pay long term liabilities, TCT manages its cash flow so that there is usually at least sufficient cash flow reserves to pay the next three months expenses.” — page 5
“During the year under review the charity charged The Parochial Church Council of the Ecclesiastical Parish of the Holy Trinity Cheltenham, a charity with common trustees, for resources that were supplied during the year. Charges during the year amounted to £86,653 (2024: £86,653).” — page 16
“During a prior year the charity received a loan from Kingdom Power Trust, a charity with a common trustee, Mr Andrew Blyth (resigned 20 July 2025). No interest is currently be charged on this loan. There was a balance of £19,000 outstanding as at the 31 December 2025.” — page 16
“During the year under review the charity charged The Parochial Church Council of the Ecclesiastical Parish of the Holy Trinity Cheltenham, a charity with common trustees, for resources that were supplied during the year. Charges during the year amounted to £86,653 (2024: £86,653).” — page 16
“During a prior year the charity received a loan from Kingdom Power Trust, a charity with a common trustee, Mr Andrew Blyth (resigned 20 July 2025). No interest is currently be charged on this loan. There was a balance of £19,000 outstanding as at the 31 December 2025.” — page 16
Property (HM Land Registry)
Trustees
- Andrew Yapp
- CHRISTINE TABERNER
- Elizabeth Lang
- Guy Warner
- John Alexander McLean
- Patrick Phillips
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £190k | £203k |
| 31/12/2024 | £156k | £175k |
| 31/12/2023 | £186k | £158k |
| 31/12/2022 | £137k | £140k |
| 31/12/2021 | £319k | £133k |
Common questions
Is TRINITY CHELTENHAM TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £12,903 for the year, resulting in total unrestricted reserves of £828,684. The charity holds significant tangible fixed assets valued at £1,321,056 but carries non-current liabilities of £469,069, primarily secured bank mortgages. The trustees confirm the charity has adequate resources to continue as a going concern. Its FY2025 accounts were independently examined.