GLENORCHY URC EXMOUTH
Local Church engaging with the local community through various spiritual, practical and social activities within Exmouth. In particular the town centre area.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a deficit of £29,529 in 2024, resulting in the use of reserves to support activities. The trustees note that unrestricted funds are ideally maintained at six months of regular expenditure, and the reserve fund currently has sufficient balance to meet this commitment despite the challenging financial environment.
What the accounts disclose
“Offerings still remain the largest single item of income and accounts for 44.8% of total income.” — page 6
“Ideally the Elders would wish to have in hand an amount equal to at least 6 months` regular expenditure as “free” reserves, to meet future shortfalls in income or unexpected expense.” — page 7
Trustees
- Rev Janine Atkinsonchair
- Irvin McFarlane
- JEAN ALICIA CURL
- JENNIFER HAZEL NEWMAN
- Jonathan Richard Greenslade
- Sheila Kathleen Johnstone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £81k | £110k |
| 31/12/2023 | £104k | £102k |
| 31/12/2022 | £75k | £96k |
| 31/12/2021 | £84k | £71k |
| 31/12/2020 | £103k | £67k |
Common questions
Is GLENORCHY URC EXMOUTH financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a deficit of £29,529 in 2024, resulting in the use of reserves to support activities. The trustees note that unrestricted funds are ideally maintained at six months of regular expenditure, and the reserve fund currently has sufficient balance to meet this commitment despite the challenging financial environment. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/09/2018 | £9k | Glenorchy Work Club |