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

WITHAM UNITED REFORMED CHURCH CHARITY

Registered charity 1130664 · accounts filings on the Charity Commission register · also known as WITHAM URC CHARITY

Latest income
£223k
Latest spending
£237k
Registered
2009
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total incoming resources were £188,175 against total resources expended of £204,479, resulting in a net decrease in funds of £16,304. The charity holds unrestricted reserves of £240,245, which the trustees note remain in excess of their stated policy target of twelve months' outgoings plus property costs. Despite the deficit, the trustees consider the charity to remain financially viable.

What the accounts disclose

Reserves policy: twelve months plus a modest amount to meet property costs (held: £240k)
“It is felt that having reserves which enable the church to meet all its outgoings for twelve months plus a modest amount to meet property costs is appropriate” — page 6
Per its FY2022 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: Essex

Income and spending

Financial year endIncomeSpending
31/12/2024£223k£237k
31/12/2023£218k£200k
31/12/2022£188k£204k
31/12/2021£175k£201k
31/12/2020£180k£193k

Common questions

Is WITHAM UNITED REFORMED CHURCH CHARITY financially healthy?

The accounts state that total incoming resources were £188,175 against total resources expended of £204,479, resulting in a net decrease in funds of £16,304. The charity holds unrestricted reserves of £240,245, which the trustees note remain in excess of their stated policy target of twelve months' outgoings plus property costs. Despite the deficit, the trustees consider the charity to remain financially viable. Its FY2022 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HYTHE UNITED REFORMED CHURCH CHARITY.