JESMOND UNITED REFORMED CHURCH CHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £25,018 for the year ended 31 December 2023, with total receipts of £172,965 against payments of £147,947. Per the trustees' report, unrestricted reserves stood at £192,904, which the charity confirms remains compliant with its stated reserves policy target of covering six months of running costs and other specific expenditures totaling £114,026.
What the accounts disclose
“It is the policy of Jesmond URC to hold funds in reserve in the unrestricted General Fund to cover the following items of expenditure in the event of unforeseen loss of income. Six months running costs: 31 December 2023 Project costs Redundancy payments Total £71411 £36255 £6360 £114026” — page 4
Trustees
- Rev Ryan Sirmonschair
- Christopher Hodder
- Dr ALISON ISABEL SHIEL
- Helen Hodder
- Jean Degenhardt
- Moira Copeland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £192k | £145k |
| 31/12/2023 | £173k | £148k |
| 31/12/2022 | £145k | £124k |
| 31/12/2021 | £145k | £126k |
| 31/12/2020 | £106k | £96k |
Common questions
Is JESMOND UNITED REFORMED CHURCH CHARITY financially healthy?
The accounts state that the charity reported a surplus of £25,018 for the year ended 31 December 2023, with total receipts of £172,965 against payments of £147,947. Per the trustees' report, unrestricted reserves stood at £192,904, which the charity confirms remains compliant with its stated reserves policy target of covering six months of running costs and other specific expenditures totaling £114,026. Its FY2023 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 25/07/2016 | £9k | "Restoration of the Colours of the 4th Battalion Tyneside Scottish (23rd Service) Battalion Northumberland Fusiliers" |