INCORPORATED CHURCH INSTITUTE, UPPER TOOTING
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £1,773 before investment gains, which were significantly higher at £630,244, resulting in a net movement in funds of £628,471. Per the trustees' report, unrestricted reserves stood at £79,291, which is above the stated policy target of approximately £15,000 in free reserves. The trustees confirmed adequate resources for going concern, with total funds increasing to £5,848,668.
What the accounts disclose
“During the year the charity paid D Snook, a Trustee, £15,600 (2023 - £15,600) for rent of a property occupied by the former caretaker of the Wiseton Road property that had previously been used by the charity.” — page 14
Trustees
- ALAN GILES
- Andrew Ernest Snook
- DAVID WILLIAM SNOOK
- Gail Louise Snook
- JOYCE MARGARET SNOOK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | — | — |
| 30/09/2024 | £138k | £139k |
| 30/09/2023 | £130k | £103k |
| 30/09/2022 | £122k | £222k |
| 30/09/2021 | £104k | £138k |
Common questions
Is INCORPORATED CHURCH INSTITUTE, UPPER TOOTING financially healthy?
The accounts state that the charity reported a net deficit of £1,773 before investment gains, which were significantly higher at £630,244, resulting in a net movement in funds of £628,471. Per the trustees' report, unrestricted reserves stood at £79,291, which is above the stated policy target of approximately £15,000 in free reserves. The trustees confirmed adequate resources for going concern, with total funds increasing to £5,848,668. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHEMTOV CHARITABLE TRUST | 1 | £25k |
| PARKLAKE CHARITY TRUST | 1 | £5k |