REIGATE PARK UNITED REFORMED CHURCH CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £18,972 for the year ended 31 December 2024, compared to a surplus in the previous year. This deficit was driven by a significant reduction in donations and property income, alongside increased expenditure on manse refurbishments and church running costs. The trustees have designated £70,000 in reserves to comply with their policy of holding four months of general running costs and three months of salary costs.
What the accounts disclose
“The Trustees have designated £70,000 to hold in reserve for the 2024 financial year in accordance with the Reserves Policy (The equivalent of four months general running costs, three month’s salary costs and likely capital expenditure).” — page 5
Trustees
- Charles Ellwood Downman
- Christina Papworth
- David John Mercer
- Hannah Robertson
- Judith Vivien Fowler
- Linda Cockerill
- Paula Sowton
- Rev Susan Ann Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £167k | £186k |
| 31/12/2023 | £185k | £155k |
| 31/12/2022 | £138k | £140k |
| 31/12/2021 | £138k | £140k |
| 31/12/2020 | £121k | £144k |
Common questions
Is REIGATE PARK UNITED REFORMED CHURCH CHARITY financially healthy?
The accounts state that the charity reported a deficit of £18,972 for the year ended 31 December 2024, compared to a surplus in the previous year. This deficit was driven by a significant reduction in donations and property income, alongside increased expenditure on manse refurbishments and church running costs. The trustees have designated £70,000 in reserves to comply with their policy of holding four months of general running costs and three months of salary costs. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THERMOSAFE FOUNDATION | 1 | £16k |