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WEST STREET CHARITY

Registered charity 1135436 · accounts filings on the Charity Commission register

Furthering in any manner of the religious educational and other charitable work of the Church of England in the Parish of St Giles in the Fields and the surrounding district.

Causes: Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income
£781k
Latest spending
£621k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total net assets increased to £9,553,892, with unrestricted reserves rising by £77,291 during the year. The trustees report that surplus rental income and existing resources are sufficient to meet obligations, including loan repayments, and to continue funding grants to the PCC of St Giles-in-the-Fields.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: West Street Charity paid grants to St. Giles-in-the-Fields Parochial Church Council amounting to £220,000. At the year end, £50,000 was due from St. Giles-in-the-Fields Parochial Church Council in respect of an interest free loan. The Rev T Sanders and Mr W Grundy are trustees in common with the St Giles-in-the-Fields Parochial Church Council.
“West Street Charity paid grants to St. Giles-in-the-Fields Parochial Church Council for payment of the common fund contributions, stipends, salaries and the repair and maintenance of the Church and Churchyard of St. Giles-in-the-Fields amounting to £220,000 (2022: £210,000). At the year end, £50,000 (2022: £50,000) was due from St. Giles-in-the-Fields Parochial Church Council in respect of an interest free loan.” — page 17
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Knox Cropper LLP. Discloses 3 of 6 completeness components.

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

Total income
£781k
Total spending
£621k
Cost of raising funds
£255k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

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

Operates in: Camden

Income and spending

Financial year endIncomeSpending
31/12/2024£781k£621k
31/12/2023£531k£454k
31/12/2022£341k£459k
31/12/2021£173k£151k
31/12/2020£180k£128k

Common questions

Is WEST STREET CHARITY financially healthy?

Per its FY2023 accounts: The accounts state that total net assets increased to £9,553,892, with unrestricted reserves rising by £77,291 during the year. The trustees report that surplus rental income and existing resources are sufficient to meet obligations, including loan repayments, and to continue funding grants to the PCC of St Giles-in-the-Fields. Its FY2023 accounts were audited by Knox Cropper LLP.