STEPHEN'S CHILDREN
Stephen's Children provides grants for:1. The prevention or relief of poverty or financial hardship anywhere in the world through the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.2. The advancement of the Christian faith.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £2,226 and restricted reserves of £6,606 at the end of the financial year, resulting in total net assets of £8,832. The trustees' report indicates a policy to hold a reserve of £2,500 to cover operating costs, noting that donations accumulating beyond this amount are sent as grants to beneficiaries in Egypt. The independent examiner reported no material matters coming to their attention that would indicate non-compliance with accounting regulations.
What the accounts disclose
“The trust’s policy is to hold a reserve of £2,500, which is enough to cover several months of operating costs in case of fluctuations in incoming donations.” — page 4
Trustees
- GRAHAM WHITEchair
- Geoff Hopper
- Heather Claire Shakespeare
- Magda Gobran
- SIMON SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £58k |
| 31/12/2023 | £72k | £72k |
| 31/12/2022 | £92k | £90k |
| 31/12/2021 | £106k | £107k |
| 31/12/2020 | £120k | £119k |
Common questions
Is STEPHEN'S CHILDREN financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £2,226 and restricted reserves of £6,606 at the end of the financial year, resulting in total net assets of £8,832. The trustees' report indicates a policy to hold a reserve of £2,500 to cover operating costs, noting that donations accumulating beyond this amount are sent as grants to beneficiaries in Egypt. The independent examiner reported no material matters coming to their attention that would indicate non-compliance with accounting regulations. Its FY2024 accounts were independently examined.