FAVELL GOSPEL HALL TRUST
The normal activities of the Trust were maintained throughout the year. All of the Gospel Halls under the control of the Trust were used throughout the year to further its charitable objectives.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of incoming resources over resources expended for the year ended 5 April 2025, largely due to non-cash depreciation and grants given to an affiliated trust. Despite this deficit, the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves at year-end were £100,877, which the trustees noted was higher than usual due to funds reserved for anticipated future capital expenditure.
What the accounts disclose
“Contributions from the Congregation 216,826”
“Accordingly, the Trustees have decided to adopt a policy of maintaining no significant reserves.”
“Grants to Nene Valley Gospel Hall Trust 341,714”
“Donated Services to Nene Valley GHT 15,354”
“Grants to Nene Valley Gospel Hall Trust 341,714”
“Donated Services to Nene Valley GHT 15,354”
“Grants to Nene Valley Gospel Hall Trust 341,714”
“Donated Services to Nene Valley GHT 15,354”
Trustees
- Grant Clarke
- Owen James Lockett-Ford
- Richard Calder
- Robert Devenish
- Russell Calder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £490k | £538k |
| 05/04/2024 | £177k | £177k |
| 05/04/2023 | £123k | £146k |
| 05/04/2022 | £161k | £96k |
| 05/04/2021 | £168k | £80k |
Common questions
Is FAVELL GOSPEL HALL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of incoming resources over resources expended for the year ended 5 April 2025, largely due to non-cash depreciation and grants given to an affiliated trust. Despite this deficit, the trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves at year-end were £100,877, which the trustees noted was higher than usual due to funds reserved for anticipated future capital expenditure. Its FY2025 accounts were independently examined.