Charity Accounts Intelreading the accounts so you don’t have to

TOTNES UNITED FREE CHURCH

Registered charity 1147962 · accounts filings on the Charity Commission register

Church and charitable work including Sunday Worship; pastoral care; youth and children's activities; evangelistic and outreach work; and involvement in the local community.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · website · Get email alerts

Latest income
£98k
Latest spending
£56k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved an operational surplus of £42,426 for the year ended 31 December 2024, bringing total net assets to £99,701. The trustees maintain a reserves policy targeting an Emergency Operating Reserve equivalent to two months of annual operating costs. The financial review notes a key risk regarding dependency on income sources within a recessionary economic climate.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: two months of annual operating costs (held: £100k)
“The trustees believe that the minimum level of the EOR should be the equivalent of 2 months of annual operating costs calculated and reviewed annually” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2024£98k£56k
31/12/2023£97k£77k
31/12/2022£68k£88k
31/12/2021£88k£84k
31/12/2020£89k£96k

Common questions

Is TOTNES UNITED FREE CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved an operational surplus of £42,426 for the year ended 31 December 2024, bringing total net assets to £99,701. The trustees maintain a reserves policy targeting an Emergency Operating Reserve equivalent to two months of annual operating costs. The financial review notes a key risk regarding dependency on income sources within a recessionary economic climate. Its FY2024 accounts were independently examined.