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WEST ORCHARD UNITED REFORMED CHURCH CHARITY

Registered charity 1130080 · accounts filings on the Charity Commission register

Latest income
£162k
Latest spending
£283k
Registered
2009
Accounts read
FY2021

Financial health, per its FY2021 accounts

The accounts state that total reserves stood at £1,102,334 at 31 December 2021, an increase from the previous year. However, the unrestricted general reserves were only £9,566, which is significantly below the trustees' stated policy target of three months of running costs. The charity reported a net increase in funds of £34,651, largely driven by an unrealised investment gain of £96,237.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £10k)
“The aim of the Trustees is to achieve unrestricted general funds, which are the free reserves of the charity, at a level which will support the day to day running costs of the church for a period of three months.” — page 7
Per its FY2021 accounts as filed with the Charity Commission.
Related-party transaction: The minister, who is a trustee, lives rent free in a house 'owned' by the Church, although vested in the United Reformed Church (West Midlands) Trust Limited. The Church maintains the property, and pays council tax on the property in line with URC policy. The Church also pays the minister a fixed car allowance and travel expenses in line with URC policy, pays for the telephone in the manse allocated to Church business, and pays a book allowance also water rates.
“The minister, who is a trustee, lives rent free in a house 'owned' by the Church, although vested in the United Reformed Church (West Midlands) Trust Limited. The Church maintains the property, and pays council tax on the property in line with URC policy. The Church also pays the minister a fixed car allowance and travel expenses in line with URC policy, pays for the telephone in the manse allocated to Church business, and pays a book allowance also water rates.” — page 16
Per its FY2021 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Coventry City

Income and spending

Financial year endIncomeSpending
31/12/2024£162k£283k
31/12/2023£134k£268k
31/12/2022£105k£198k
31/12/2021£78k£139k
31/12/2020£82k£127k

Common questions

Is WEST ORCHARD UNITED REFORMED CHURCH CHARITY financially healthy?

The accounts state that total reserves stood at £1,102,334 at 31 December 2021, an increase from the previous year. However, the unrestricted general reserves were only £9,566, which is significantly below the trustees' stated policy target of three months of running costs. The charity reported a net increase in funds of £34,651, largely driven by an unrealised investment gain of £96,237. Its FY2021 accounts were independently examined.