THE CHURCH RENEWAL TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity recorded a net reduction to reserves of £37,595 for the year, resulting in a surplus on free reserves of £38,199. Per the trustees' report, the charity has adequate resources to continue in operational existence for the foreseeable future, supported by cash in hand of £142,880 and the settlement of major service charge commitments.
What the accounts disclose
“It is the policy of the trustees not to build up reserves beyond the operating needs of the charity.” — page 4
Trustees
- REVEREND NICKY GUMBELchair
- Angus Christian Winther
- Catherine Wallace Butcher
- JEREMY ALLAN JENNINGS
- Rev Richard Michael Coates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £152k | £190k |
| 31/12/2023 | £228 | £183k |
| 31/12/2022 | £250k | £188k |
| 31/12/2021 | £225k | £186k |
| 31/12/2020 | £70k | £189k |
Common questions
Is THE CHURCH RENEWAL TRUST financially healthy?
The accounts state that the charity recorded a net reduction to reserves of £37,595 for the year, resulting in a surplus on free reserves of £38,199. Per the trustees' report, the charity has adequate resources to continue in operational existence for the foreseeable future, supported by cash in hand of £142,880 and the settlement of major service charge commitments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHARLES LITTLEWOOD HILL TRUST | 2 | £9k |
| THE SEQUOIA TRUST | 1 | £7.9m |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON | 1 | £1.0m |
| THE JERUSALEM TRUST | 1 | £750k |
| THE EUREKA CHARITABLE TRUST | 1 | £428k |
| THE HEADLEY TRUST | 1 | £200k |
| The John Gurney Charitable Trust | 1 | £110k |
| PAUL AND LOUISE COOKE ENDOWMENT | 1 | £99k |