TOWY COMMUNITY CHURCH

Registered charity 1136394 · accounts filings on the Charity Commission register

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Latest income
£1.3m
Latest spending
£1.5m
Registered
2010
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity generated a net incoming resource of £125,286 for the year, resulting in total unrestricted and restricted funds of £1,140,282. The trustees' report notes that the organization received support from key partners which allowed for a strong recovery throughout the 2022 calendar year. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Accounts audited by Ashmole & Co. Discloses 3 of 6 completeness components.

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

Total income
£1.3m
Total spending
£1.5m
Reserves (reported)
£16k
Employees
46

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

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

Operates in: Carmarthenshire

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.5m
31/12/2023£1.3m£1.4m
31/12/2022£1.2m£1.2m
31/12/2021£982k£857k
31/12/2020£830k£915k

Common questions

Is TOWY COMMUNITY CHURCH financially healthy?

The accounts state that the charity generated a net incoming resource of £125,286 for the year, resulting in total unrestricted and restricted funds of £1,140,282. The trustees' report notes that the organization received support from key partners which allowed for a strong recovery throughout the 2022 calendar year. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Ashmole & Co.