PLUME AVENUE, COLCHESTER, UNITED REFORMED CHURCH CHARITY
Providing regular public worship for all. Promoting and teaching the Christian faith to all ages. Giving pastoral care and support to members and others in need. Providing training, nurture and activities for children and young people. Serving the community, including weddings, funerals and events in and for the community. Providing premises and resources for community groups and activities.
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
“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
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Trustees
- DAVID ROBERT WILLIAM ANDERSON
- ELIZABETH RUTH BIRD
- Jon Potterton
- Marie Forsyth
- Matthew William John Lewis
- Nicholas Patrick Jeremy Lettington
- Oluwabamibo Grace Adeleke
- Rev Andrew Mudharara
- Sheila Gaisford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2024 accounts were independently examined.
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHEYLESMORE, COVENTRY
- PURLEY UNITED REFORMED CHURCH
- AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY
- Downing Place United Reformed Church, Cambridge, General Funds Charity
- WEST ORCHARD UNITED REFORMED CHURCH CHARITY
- UPTON BAPTIST CHURCH, CHESTER
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PLUME AVENUE, COLCHESTER, UNITED REFORMED CHURCH CHARITY | £125k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHEYLESMORE, COVENTRY | £114k | — | 0 | above | — | no doubt |
| PURLEY UNITED REFORMED CHURCH | £255k | — | 0 | above | — | no doubt |
| AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY | £111k | — | 0 | below | — | no doubt |
| Downing Place United Reformed Church, Cambridge, General Funds Charity | £426k | — | 0 | unclear | — | no doubt |
| WEST ORCHARD UNITED REFORMED CHURCH CHARITY | £199k | — | 0 | unclear | — | no doubt |