VINE EVANGELICAL CHURCH (SEVENOAKS)
Non-denominational Christian church
Latest income
£104k
Latest spending
£129k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net deficit of £24,998 for the year, reducing its total funds from £115,662 to £90,664. Despite this, the trustees confirm that unrestricted reserves of £90,664 are sufficient to meet fixed expenses for the next 12 months and support the charity on a going concern basis.
What the accounts disclose
Reserves policy: six months’ expenditure (held: £91k)
“It is the policy of the charity that unrestricted funds should be maintained at a level equivalent to a minimum of six months’ expenditure” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations to Sevenoaks Christian Counselling Service
“One director is also a director of Sevenoaks Christian Counselling Service, to whom the church made donations during the year totalling £2,520” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Property (HM Land Registry)
Trustees
- CHRIS STIVEN
- GLENN MALCOLM CHARLES TAINIO
- Glenda Margaret Newholm
- Rebecca Faith Hancock
- Sarah Elizabeth Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £129k |
| 31/12/2023 | £88k | £124k |
| 31/12/2022 | £110k | £124k |
| 31/12/2021 | £79k | £90k |
| 31/12/2020 | £96k | £116k |
Common questions
Is VINE EVANGELICAL CHURCH (SEVENOAKS) financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net deficit of £24,998 for the year, reducing its total funds from £115,662 to £90,664. Despite this, the trustees confirm that unrestricted reserves of £90,664 are sufficient to meet fixed expenses for the next 12 months and support the charity on a going concern basis. Its FY2024 accounts were independently examined.