CANBURY PARK CHURCH TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £1,152,431 are below the stated policy target of three to six months of expenditure, as total annual expenditure was approximately £1.19 million. The charity reported a net expenditure for the year, reducing its total funds from £1.90 million to £1.87 million. The independent examiner confirmed that the financial statements accord with the accounting records and comply with statutory requirements.
What the accounts disclose
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 4
Structured financials (annual return, FY ending 22/09/2023)
Trustees
- PHILIP COOPERchair
- PAUL SIMPSON
- Steven Sims
- Thomas Sweatman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 22/09/2025 | £150k | £229k |
| 22/09/2024 | £216k | £251k |
| 22/09/2023 | £558k | £239k |
| 22/09/2022 | £541k | £107k |
| 22/09/2021 | £235k | £94k |
Common questions
Is CANBURY PARK CHURCH TRUST financially healthy?
The accounts state that unrestricted reserves of £1,152,431 are below the stated policy target of three to six months of expenditure, as total annual expenditure was approximately £1.19 million. The charity reported a net expenditure for the year, reducing its total funds from £1.90 million to £1.87 million. The independent examiner confirmed that the financial statements accord with the accounting records and comply with statutory requirements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SANTANDER UK FOUNDATION LIMITED | 1 | £41k |
| THE FYRISH FOUNDATION | 1 | £10k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |