BANBURY COMMUNITY CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £25,940 for the year, with total income of £245,389 against total expenditure of £271,329. Per the trustees' report, total funds held at year-end were £197,356, comprising unrestricted and designated funds of £109,049 and restricted funds of £88,307. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves policy is to hold a minimum of three months average unrestricted expenditure in readily available cash and bank accounts, this would be in the region of £35,000.” — page 6
Trustees
- Craig Paul Eyles
- David Phillips
- JILL BROWN
- Leo Kaluza
- Philip Ferdani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £245k | £294k |
| 31/03/2024 | £245k | £271k |
| 31/03/2023 | £218k | £239k |
| 31/03/2022 | £238k | £194k |
| 31/03/2021 | £224k | £142k |
Common questions
Is BANBURY COMMUNITY CHURCH financially healthy?
The accounts state that the charity reported a net expenditure deficit of £25,940 for the year, with total income of £245,389 against total expenditure of £271,329. Per the trustees' report, total funds held at year-end were £197,356, comprising unrestricted and designated funds of £109,049 and restricted funds of £88,307. 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.
Who funds BANBURY COMMUNITY CHURCH?
Funders whose own accounts filings name BANBURY COMMUNITY CHURCH as a grant recipient include BANBURY CHARITIES.
Known funders
| Funder | Year | Amount |
|---|---|---|
| BANBURY CHARITIES | FY2021 | £9k |
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