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GRACE CHURCH YATE

Registered charity 1133210 · accounts filings on the Charity Commission register · also known as GRACE CHURCH WESTERLEIGH · listed website unreachable when last crawled

Latest income
£287k
Latest spending
£165k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £2,344,209, significantly exceeding the trustees' stated target cash holding of £20,000. The trustees report that the charity is viable, with income from donations and rentals maintaining sufficient levels to cover charitable activities and loan repayments. No material uncertainties or risks to continuing operations were disclosed.

What the accounts disclose

Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
“No employee received remuneration of more than £60,000 during the year (2023 – Nil).” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: minimum of £20,000 (held: £2.3m)
“The Trustees seek to maintain cash balances of a minimum of £20,000 to continue the normal church activities for several months if no income is received during those months.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee P Pomeroy paid salary £42,840 and pension £2,196
“Mr P Pomeroy was paid a salary of £42,840 and pension contributions of £2,196 in the year for the work of full-time elder after appointment as a Trustee of the church during 2023, (2023 £14,280, Pension £732).” — page 18
“The Trustees and related parties donated £61,513 in the year. (2023 £57,252).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees donated £61,513
“Mr P Pomeroy was paid a salary of £42,840 and pension contributions of £2,196 in the year for the work of full-time elder after appointment as a Trustee of the church during 2023, (2023 £14,280, Pension £732).” — page 18
“The Trustees and related parties donated £61,513 in the year. (2023 £57,252).” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee P Pomeroy rents property at market rate
“Mr P Pomeroy was paid a salary of £42,840 and pension contributions of £2,196 in the year for the work of full-time elder after appointment as a Trustee of the church during 2023, (2023 £14,280, Pension £732).” — page 18
“The Trustees and related parties donated £61,513 in the year. (2023 £57,252).” — page 18
Per its FY2024 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: South Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£287k£165k
31/12/2023£252k£165k
31/12/2022£267k£148k
31/12/2021£269k£120k
31/12/2020£308k£124k

Common questions

Is GRACE CHURCH YATE financially healthy?

The accounts state that unrestricted reserves stood at £2,344,209, significantly exceeding the trustees' stated target cash holding of £20,000. The trustees report that the charity is viable, with income from donations and rentals maintaining sufficient levels to cover charitable activities and loan repayments. No material uncertainties or risks to continuing operations were disclosed. Its FY2024 accounts were independently examined.

What does the highest-paid employee of GRACE CHURCH YATE earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ALMOND TRUST1£30k
GOSPEL PARTNERS TRUST1£9k

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