THE UNITED CHURCH OF ST PAUL'S BALSALL HEATH (ANGLICAN AND URC)
We are a Church of England Church with a special interest in the elderly.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a net deficit of £1,377 on unrestricted funds for the year, though this was offset by a £5,626 increase in the value of the COIF Investment Fund. The General Fund balance carried forward was £204,325, which is significantly above the stated reserves policy target of £15,000. The document does not disclose any independent audit or examination report.
What the accounts disclose
“Total receipts on unrestricted funds were £49,486 of which £10,142 were unrestricted voluntary donations. Total receipts on restricted funds were £6,347” — page 1
“It is PCC policy to try to maintain a balance on unrestricted funds which equates to at least three months unrestricted payments. This is equivalent to £15,000.” — page 2
Trustees
- ALESTER BURKE MBE
- ANN RUTH SAMUEL
- ANNE CHRISTINE LAUGHARNE
- Ivor Samuel
- Jasmine Browne
- Rev PETER REGINALD BOUND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £51k |
| 31/12/2023 | £89k | £107k |
| 31/12/2022 | £92k | £88k |
| 31/12/2021 | £58k | £62k |
| 31/12/2020 | £50k | £54k |
Common questions
Is THE UNITED CHURCH OF ST PAUL'S BALSALL HEATH (ANGLICAN AND URC) financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a net deficit of £1,377 on unrestricted funds for the year, though this was offset by a £5,626 increase in the value of the COIF Investment Fund. The General Fund balance carried forward was £204,325, which is significantly above the stated reserves policy target of £15,000. The document does not disclose any independent audit or examination report.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 01/07/2022 | £10k | Growing Together Gardening Club |