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SUSSEX VALE GOSPEL HALL TRUST

Registered charity 1157889 · accounts filings on the Charity Commission register

Please see trustees annual report

Causes: Religious Activities · Other Charitable Purposes · Get email alerts

Latest income
£147k
Latest spending
£78k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of incoming resources over resources expended for the year ended 31 December 2024. Per the trustees' report, free unrestricted reserves increased to £578,974, which the trustees consider sufficient to cover day-to-day expenditure and future needs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: sufficient reserves to cover day-to-day expenditure and any other needs which may arise (held: £579k)
“Accordingly, the Trustees have decided to adopt a policy of maintaining sufficient reserves to cover day-to-day expenditure and any other needs which may arise.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“Transactions in the period that require disclosure are donations from related parties of £30,300 (2023; £47,675)” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
31/12/2024£147k£78k
31/12/2023£215k£478k
31/12/2022£116k£73k
31/12/2021£112k£78k
31/12/2020£122k£72k

Common questions

Is SUSSEX VALE GOSPEL HALL TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of incoming resources over resources expended for the year ended 31 December 2024. Per the trustees' report, free unrestricted reserves increased to £578,974, which the trustees consider sufficient to cover day-to-day expenditure and future needs. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.