WESLEYAN HOLINESS CHURCH - BRITISH ISLES DISTRICT
Advancement of the Christian religion and Christian education in England.The main activities include workshop, fellowship, prayer, teaching, studying of the scriptures and interaction with the wider community in the use and development of skills.We exist to exalt Jesus Christ by calling all Christians to:Evangelism,Church Planting, Leadership Development, Fulfillment of their Ministries
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £28,132 for the year ended 31 December 2024, resulting in a decrease in total funds. Free unrestricted reserves stood at £431,309, which the trustees note is below their stated policy target of three months of unrestricted expenditure.
What the accounts disclose
“As trustees we would like to work towards a situation whereby, the charity could maintain unrestricted funds at a level which equates to approximately three months of unrestricted expenditure.” — page 14
“Six trustees received remuneration for their duties other than acting as a trustee. Remuneration is paid in accordance with the governing document.” — page 24
“Provided it is used for charitable purposes the charity has the use of property owned by The Wesleyan Holiness Church Charitable Trust at no charge.” — page 22
“In the year the CIO purchased the freehold of a property formerly the leasehold of the Charitable Trust, this has been included as a donation.” — page 28
“Provided it is used for charitable purposes the charity has the use of property owned by The Wesleyan Holiness Church Charitable Trust at no charge.” — page 22
“In the year the CIO purchased the freehold of a property formerly the leasehold of the Charitable Trust, this has been included as a donation.” — page 28
“I have identified a matter of concern that give me reasonable cause to believe that material funds have not been recorded in accordance with restrictions on the use of restricted funds.” — page 16
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2022)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £486k | £515k |
| 31/12/2023 | £462k | £530k |
| 31/12/2022 | £513k | £504k |
| 31/12/2021 | £441k | £397k |
| 31/12/2020 | £263k | £388k |
Common questions
Is WESLEYAN HOLINESS CHURCH - BRITISH ISLES DISTRICT financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £28,132 for the year ended 31 December 2024, resulting in a decrease in total funds. Free unrestricted reserves stood at £431,309, which the trustees note is below their stated policy target of three months of unrestricted expenditure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/10/2022 | £10k | The Refuge Youth Club |