ST PHILIP'S CHURCH, SHEFFIELD
A Christian Church with Anglican Baptist expression. Operating from St Stephen's Church, Fawcett Street, Netherthorpe, Sheffield, S3 7PL. Activities: Worship; prayer; planting missional communities, children's cells and discipleship groups.
Financial health, per its FY2024 accounts
The accounts state that total income was £89,956 and total expenditure was £89,987, resulting in a slight net expenditure for the year. The trustees report unrestricted reserves of £40,459, which they note is equivalent to approximately 5.5 months of running costs, exceeding their stated policy target of maintaining a buffer of two months' costs.
What the accounts disclose
“The main source of income was church members’ giving, including gift aid (98%).”
“The trustees are happy with 2 months running costs as the level to be maintained as a buffer against unforeseen circumstances.”
“Ben Ashworth provided design and print services to the Church in 2024. The value of this design and print services amounted to £30 (2023: £313). The Church owed £nil (2023: £nil) to Ben Ashworth at the year end.” — page 15
Trustees
- MATTHEW ATKINSchair
- Anna Mansergh
- Benjamin Ashworth
- Deborah Green
- Frances Hall
- Lydia Dorothy Newell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £90k | £90k |
| 31/12/2023 | £82k | £100k |
| 31/12/2022 | £78k | £82k |
| 31/12/2021 | £98k | £89k |
| 31/12/2020 | £112k | £102k |
Common questions
Is ST PHILIP'S CHURCH, SHEFFIELD financially healthy?
Per its FY2024 accounts: The accounts state that total income was £89,956 and total expenditure was £89,987, resulting in a slight net expenditure for the year. The trustees report unrestricted reserves of £40,459, which they note is equivalent to approximately 5.5 months of running costs, exceeding their stated policy target of maintaining a buffer of two months' costs. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/02/2019 | £8k | Parson Cross Youth Club |