SWINDON EVANGELICAL CHURCH
Public services of worship, prayer & Bible study meetings, Sunday school, children's & teenagers' clubs, parent & toddler group, men's & women's groups, outreach to the homeless, outreach to the elderly & support for missions.
Objects
1 THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE BASIS OF FAITH PRIMARILY BUT NOT EXCLUSIVELY WITHIN SWINDON AND THE SURROUNDING NEIGHBOURHOOD; AND2 SUCH OTHER CHARITABLE PURPOSES AS SHALL, IN THE OPINION OF THE MANAGING TRUSTEES FURTHER THE WORK OF THE CHURCH.
Financial health, per its FY2024 accounts
The accounts state that total income decreased significantly from £577k to £271k, primarily due to one-off gifts in the prior year covering property purchases. Despite this drop in income, total reserves increased to £2.3m, with free unrestricted reserves standing at £50,528, which the trustees consider to be around the level they ideally require under their policy of holding three months of operational expenditure.
What the accounts disclose
“The principal source of funding is from our members who generously give to support the work of the church in seeking to meet its charitable objectives.” — page 6
“Our current reserves policy is to hold unrestricted reserves that are at least equal to three months operational expenditure.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Barney Main
- Brian Whittaker
- Colin Bentley
- Greville John Parmenter
- JOHN BAKER
- JONATHAN REDHEAD
- Luke Moody
- MARK TRAFFORD
- Michel Crabol
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £272k | £238k |
| 31/12/2023 | £577k | £276k |
| 31/12/2022 | £306k | £249k |
| 31/12/2021 | £462k | £189k |
| 31/12/2020 | £367k | £148k |
Common questions
Is SWINDON EVANGELICAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that total income decreased significantly from £577k to £271k, primarily due to one-off gifts in the prior year covering property purchases. Despite this drop in income, total reserves increased to £2.3m, with free unrestricted reserves standing at £50,528, which the trustees consider to be around the level they ideally require under their policy of holding three months of operational expenditure. Its FY2024 accounts were independently examined.