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

THE UNITED REFORMED CHURCH ( NORTHERN PROVINCE) TRUST LTD.

Registered charity 1132154 · accounts filings on the Charity Commission register

Latest income
£2.0m
Latest spending
£1.8m
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds increased by £637,559 to reach £16,395,343, driven by a surplus of £224,569 and positive investment valuations. The trustees report that unrestricted reserves of £12,259,788 significantly exceed their prudent target range of £7m to £8m, indicating strong financial stability. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.

What the accounts disclose

Reserves policy: between £7m and £8m (held: £12.3m)
“Based on these risks, the Directors believe that maintaining reserves at a level between £7m and £8m would be prudent.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Mr G.I. Wanless received an annual honorarium of £3,253 (2023: £3,098) being 10% of a minister's stipend.
“The treasurer received an annual honorarium of £3,253 (2023: £3,098) being 10% of a minister's stipend in recognition of the additional work carried out by him.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Sumer Auditco Limited.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.0m
Total spending
£1.8m
Reserves (reported)
£12.3m
Employees
15

Reported reserves equal ~82.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£2.0m£1.8m
31/12/2023£2.5m£2.2m
31/12/2022£1.7m£1.8m
31/12/2021£2.4m£1.4m
31/12/2020£1.5m£860k

Common questions

Is THE UNITED REFORMED CHURCH ( NORTHERN PROVINCE) TRUST LTD. financially healthy?

The accounts state that total funds increased by £637,559 to reach £16,395,343, driven by a surplus of £224,569 and positive investment valuations. The trustees report that unrestricted reserves of £12,259,788 significantly exceed their prudent target range of £7m to £8m, indicating strong financial stability. The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Sumer Auditco Limited.

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