THORNTON HEATH EVANGELICAL CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income surplus of £31,865 for the year ended 31 December 2024, with unrestricted reserves totaling £2,253,944. The trustees confirm that the charity operates as a going concern and has sufficient reserves to cover future expenditure in the short to medium term. The charity's cash balance at year-end was £241,920.
What the accounts disclose
“It is the policy of the Trustees to maintain reserves of the equivalent of three month’s general account expenditure. This equates to about £30,000.” — page 5
“Mr J Harris (son of SM Harris) Salary (Jan-Jun) 3,435”
Trustees
- Stephen Patrick John Ridgewaychair
- BRICE FRANCK VICTOR HADJARD
- Benjamin Clifford Harries
- DAVID ANTHONY BRISTOW
- DIPAK CHIMANLAL DAMANI
- EDGAR CONRAD POWELL
- Gary Calvin George Orlebar
- IAN EDWARD WHYBROW
- Lucio Dente
- PHILIP JOHN TAYLOR
- Randy Obaze
- SIMON MARK HARRIS
- Winston Harvey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £190k | £160k |
| 31/12/2024 | £182k | £150k |
| 31/12/2023 | £161k | £147k |
| 31/12/2022 | £168k | £158k |
| 31/12/2021 | £130k | £160k |
Common questions
Is THORNTON HEATH EVANGELICAL CHURCH financially healthy?
The accounts state that the charity reported a net income surplus of £31,865 for the year ended 31 December 2024, with unrestricted reserves totaling £2,253,944. The trustees confirm that the charity operates as a going concern and has sufficient reserves to cover future expenditure in the short to medium term. The charity's cash balance at year-end was £241,920. Its FY2024 accounts were independently examined.
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