RESTORATION REVIVAL FELLOWSHIP
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £1,394,654 are maintained at a level equivalent to between three and six months of expenditure, satisfying the charity's own reserves policy. However, the going concern basis relies on the continued support of the bank, which is identified as the major lender, indicating a dependency on creditor support for future operations.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month’s expenditure.” — page 4
“The validity of this assumption depends on the charity being able to operate profitably in the future and the continued support of the bank, which is the major lender of the company.” — page 9
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2024) to "above" (FY2025).
- Going concern: no going-concern doubt (FY2024) → going-concern doubt noted (FY2025).
Corporate structure
- Registered company of the charity Companies House 06824869
Trustees
- Rev LLOYD GEORGE DENNYchair
- Horace Clarke
- James Stewart
- Karl Chaplin
- Leila Mullings
- Rev GEOFFREY THEODORE MULLINGS
- Rhorie Aiken
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £245k | £220k |
| 31/03/2024 | £330k | £258k |
| 31/03/2023 | £314k | £245k |
| 31/03/2022 | £382k | £307k |
| 31/03/2021 | £315k | £222k |
Common questions
Is RESTORATION REVIVAL FELLOWSHIP financially healthy?
The accounts state that unrestricted reserves of £1,394,654 are maintained at a level equivalent to between three and six months of expenditure, satisfying the charity's own reserves policy. However, the going concern basis relies on the continued support of the bank, which is identified as the major lender, indicating a dependency on creditor support for future operations. Its FY2025 accounts were independently examined.
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