CHURCH LANE EVANGELICAL CHURCH, STAFFORD
This church provides a place of worship and regular worship services in an open manner to welcome all in the community to exercise, explore and develop their faith in Jesus Christ. It provides weekly age-appropriate activities to support and benefit people in the community. A percentage of its income is used to support other Christian activity.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a surplus of £5,941 and total unrestricted reserves of £1,042,407. The trustees report that income increased in all areas, particularly regular giving, while expenditure also rose due to property maintenance and ministry costs. The charity maintains designated reserves for salary/running costs and strategic emergencies to support its financial base.
What the accounts disclose
“Donations and legacies 79,687”
“The church's policy on holding financial reserves is to enable a sound financial base for future years.” — page 5
Trustees
- Alan Medwaychair
- ANDREW RICHARD COOK
- Shingirayi Kapfunde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £88k | £82k |
| 31/12/2023 | £76k | £72k |
| 31/12/2022 | £67k | £73k |
| 31/12/2021 | £100k | £151k |
| 31/12/2020 | £108k | £132k |
Common questions
Is CHURCH LANE EVANGELICAL CHURCH, STAFFORD financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a surplus of £5,941 and total unrestricted reserves of £1,042,407. The trustees report that income increased in all areas, particularly regular giving, while expenditure also rose due to property maintenance and ministry costs. The charity maintains designated reserves for salary/running costs and strategic emergencies to support its financial base. Its FY2024 accounts were independently examined.