ARGYLE COMMUNITY CHURCH, READING
Argyle Community Church is an independent church which promotes the Christian faith and, for over 100 years, has conducted and supported various activities which bring benefit to our locality and world wide, through worship, prayer and practical means.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £34,871 for the year ended 31 December 2024, resulting in a decrease in total net assets. However, the charity maintains a healthy cash balance of £104,002 and holds unrestricted funds of £704,298, which significantly exceed its stated reserves policy target of £35,000.
What the accounts disclose
“The Trustees aim to maintain free reserves equivalent to three months average giving to the general fund, which equates to £35,000.” — page 8
“During the year, the following gifts were made to persons connected with the Trustees in pursuance of the Church’s charitable objectives: P Rout (son of J Rout) - £6,000 (missionary support)” — page 18
“In late 2024 we were contacted by a third-party who was concerned that this response was faulty. Whilst recognising that matters could have been handled better, the Trustees support the Pastor and stand by the Statement of Beliefs as listed in our Memorandum of Association; however, this incident has prompted a complete review of our Safeguarding and Complaints procedures which will take place in 2025.”
Property (HM Land Registry)
Trustees
- Dr ANTHONY CLEVE JONATHAN CHEVASSUTchair
- CHRISTOPHER ROBERT RAYERS
- DR JONATHAN PHILIP ROUT
- William Alexander Forshaw
- Yvette Mukandori
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £195k |
| 31/12/2023 | £142k | £182k |
| 31/12/2022 | £118k | £173k |
| 31/12/2021 | £103k | £147k |
| 31/12/2020 | £167k | £129k |
Common questions
Is ARGYLE COMMUNITY CHURCH, READING financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £34,871 for the year ended 31 December 2024, resulting in a decrease in total net assets. However, the charity maintains a healthy cash balance of £104,002 and holds unrestricted funds of £704,298, which significantly exceed its stated reserves policy target of £35,000. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEESTON FREE CHURCH NOTTINGHAM | 1 | £7k |
| THE AYLSHAM AGRICULTURAL SHOW ASSOCIATION LIMITED | 1 | £250 |
Charities like this
- AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRERETON AND RUGELEY
- AYLSHAM COMMUNITY CHURCH
- RYLANDS COMMUNITY CHURCH
- CHURCH COMMUNITIES UK
- POWER OF FAITH ASSEMBLIES OF GOD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ARGYLE COMMUNITY CHURCH, READING | £160k | — | 0 | above | — | no doubt |
| AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY | £111k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRERETON AND RUGELEY | £162k | — | 0 | below | — | noted |
| AYLSHAM COMMUNITY CHURCH | £204k | — | 0 | unclear | — | no doubt |
| RYLANDS COMMUNITY CHURCH | £125k | — | 0 | above | — | no doubt |
| CHURCH COMMUNITIES UK | £28.5m | — | 0 | within | — | no doubt |