THE ARK COMMUNITY CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £4,721 for the year ended 31 July 2023, with total incoming resources of £87,699 and total expenditure of £82,978. The trustees note that while reserves are significant, they provide cover for a limited time only, and £10,000 has been set aside for potential redundancy payments. The charity maintains a reserves policy target of two months of primary expenditure.
What the accounts disclose
Trustees
- Janet Kay Nielsenchair
- CONNIE REYNOLDS
- Jonathan Edwin Gardner
- Nadya Dyett
- Neal Anthony Sparks
- Siobhan Clark
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £115k | £98k |
| 31/07/2024 | £102k | £93k |
| 31/07/2023 | £88k | £83k |
| 31/07/2022 | £83k | £80k |
| 31/07/2021 | £71k | £72k |
Common questions
Is THE ARK COMMUNITY CHURCH financially healthy?
The accounts state that the charity reported a net surplus of £4,721 for the year ended 31 July 2023, with total incoming resources of £87,699 and total expenditure of £82,978. The trustees note that while reserves are significant, they provide cover for a limited time only, and £10,000 has been set aside for potential redundancy payments. The charity maintains a reserves policy target of two months of primary expenditure. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FISHMONGERS' COMPANY'S CHARITABLE TRUST | 1 | £25k |
| CHK Foundation | 1 | £20k |