Charity Accounts Intelreading the accounts so you don’t have to

PLUME AVENUE, COLCHESTER, UNITED REFORMED CHURCH CHARITY

Registered charity 1130594 · accounts filings on the Charity Commission register · also known as PLUME AVENUE URC

Latest income
£125k
Latest spending
£126k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a surplus of £3,900, increasing the General Fund balance to £32,903. This balance is in excess of the trustees' reserves policy target of approximately 1.5 months' expenditure. However, the trustees note that meeting financial commitments remains a challenge due to difficult economic conditions affecting the congregation.

What the accounts disclose

Reserves policy: 1.5 months' expenditure (held: £33k)
“The Trustees decided in March 2013 that the church should aim to hold about 1.5 months’ expenditure (at that time c£10,000) as a reserve.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Trustees

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

Operates in: Essex

Income and spending

Financial year endIncomeSpending
31/12/2024£125k£126k
31/12/2023£124k£117k
31/12/2022£121k£105k
31/12/2021£134k£126k
31/12/2020£118k£103k

Common questions

Is PLUME AVENUE, COLCHESTER, UNITED REFORMED CHURCH CHARITY financially healthy?

The accounts state that the charity ended the year with a surplus of £3,900, increasing the General Fund balance to £32,903. This balance is in excess of the trustees' reserves policy target of approximately 1.5 months' expenditure. However, the trustees note that meeting financial commitments remains a challenge due to difficult economic conditions affecting the congregation. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHEYLESMORE, COVENTRY.