MAGDALEN ROAD EVANGELICAL FREE CHURCH
The church holds weekly services for public worship. There are other community based activities for all ages, including children and young people. Activities are open to members of the church and the wider public
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a net surplus of £82,121 for the year ended 31 March 2025, with total unrestricted, designated, and restricted funds carrying forward amounting to £1,373,802. The trustees have set a reserves policy of maintaining at least three months of general fund expenditure, and the actual unrestricted general fund balance of £147,786 is reported against this target. The financial statements were prepared on a going concern basis, with the trustees assessing the church's ability to continue by reviewing plans for 2025-26 and the level of regular income.
What the accounts disclose
“A trustee, Andrew Sweasey in his role as Pastor received emoluments of £13,507 during the year ended 31.12.2025.” — page 17
“The trustees have set a policy of having at least three months general fund expenditure at the end of the year.” — page 7
“A trustee, Andrew Sweasey in his role as Pastor received emoluments of £13,507 during the year ended 31.12.2025.” — page 17
“A trustee, Pat Brittenden received during the year ended 31.3.2025 a mission grant of £1,366 ( 2024: £1.366)” — page 17
“A trustee Jeremy Fowler received during the year ended 31.3.2025 a mission grant of £1,935.” — page 17
“A trustee, Pat Brittenden received during the year ended 31.3.2025 a mission grant of £1,366 ( 2024: £1.366)” — page 17
“A trustee Jeremy Fowler received during the year ended 31.3.2025 a mission grant of £1,935.” — page 17
“A trustee, Pat Brittenden received during the year ended 31.3.2025 a mission grant of £1,366 ( 2024: £1.366)” — page 17
“A trustee Jeremy Fowler received during the year ended 31.3.2025 a mission grant of £1,935.” — page 17
“A separate company, Magdalen Road Church Developments Ltd, was set up to act as the legal owner of the building that we own, however this is currently dormant.”
Trustees
- CHARLIE CURRIEchair
- Andrew John Sweasey
- DANIEL BLANCHE
- Jeremy Fowler
- Martin Groth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £317k | £275k |
| 31/03/2024 | £353k | £275k |
| 31/03/2023 | £266k | £276k |
| 31/03/2022 | £249k | £296k |
| 31/03/2021 | £250k | £268k |
Common questions
Is MAGDALEN ROAD EVANGELICAL FREE CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a net surplus of £82,121 for the year ended 31 March 2025, with total unrestricted, designated, and restricted funds carrying forward amounting to £1,373,802. The trustees have set a reserves policy of maintaining at least three months of general fund expenditure, and the actual unrestricted general fund balance of £147,786 is reported against this target. The financial statements were prepared on a going concern basis, with the trustees assessing the church's ability to continue by reviewing plans for 2025-26 and the level of regular income. Its FY2025 accounts were independently examined.
What does the highest-paid employee of MAGDALEN ROAD EVANGELICAL FREE CHURCH earn?
Per its FY2025 accounts, the highest-paid employee was in the £13,507 band.