CITY CHURCH WORCESTER
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £16,192 for the year, resulting in a decrease in total funds from £386,026 to £369,834. The trustees note that unrestricted general funds of £25,958 are slightly below their stated reserves policy target of £30,000–£35,000, though they remain confident in continuing activities. The charity holds significant unrestricted designated funds, including a storehouse fund of £88,025, and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The present level of general funds available to the charity is £25,958. This is slightly below the required level but the trustees will continue to monitor this.” — page 5
“During the year under review trustees, key management personnel and close relatives made unrestricted donations totalling £25,750 (2022: £29,254) and restricted donations totalling £230 (2022: £6,072) to the charity.” — page 12
Year-over-year changes
- Reserves position vs the charity's own policy moved from "within" (FY2022) to "below" (FY2023).
Register events
- Received assets from another charity (16/01/2014)
Trustees
- ESTHER MARIE CAMPSALLchair
- David Crow
- Helen Farrington
- Michael William Donaldson
- Susan Jane Raymond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £144k | £152k |
| 31/12/2023 | £158k | £175k |
| 31/12/2022 | £165k | £177k |
| 31/12/2021 | £170k | £175k |
| 31/12/2020 | £158k | £165k |
Common questions
Is CITY CHURCH WORCESTER financially healthy?
The accounts state that the charity reported a net expenditure of £16,192 for the year, resulting in a decrease in total funds from £386,026 to £369,834. The trustees note that unrestricted general funds of £25,958 are slightly below their stated reserves policy target of £30,000–£35,000, though they remain confident in continuing activities. The charity holds significant unrestricted designated funds, including a storehouse fund of £88,025, and has no material uncertainties regarding its ability to continue as a going concern. Its FY2023 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 |
| SIR JEREMIAH COLMAN GIFT TRUST | 1 | £10k |
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