READING FAMILY CHURCH
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £3.04m, with unrestricted reserves of £1.4m, which the trustees note is significantly higher than their policy target of three months' operating expenditure. The charity reported a net income surplus for the year and the independent auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees have defined the minimum level of reserves permissible as 3 months' worth of the charity's operating expenditure.”
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (07/08/2023)
- Received assets from another charity (09/07/2013)
Trustees
- Natasha Davidsonchair
- Dr Peter Itayi Chigada
- Matthew David Blake
- Peter James Harley
- Richard Maynard Walker
- Sean Edward Philip Green
- Stephen James Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.5m | £1.1m |
| 31/12/2024 | £1.5m | £1.0m |
| 31/12/2023 | £1.2m | £922k |
| 31/12/2022 | £941k | £804k |
| 31/12/2021 | £781k | £669k |
Common questions
Is READING FAMILY CHURCH financially healthy?
The accounts state that total funds increased to £3.04m, with unrestricted reserves of £1.4m, which the trustees note is significantly higher than their policy target of three months' operating expenditure. The charity reported a net income surplus for the year and the independent auditor confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Bruton Charles.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BANBURY CHARITIES | 1 | £9k |
| HOPE CHURCH HARROGATE | 1 | £375 |