CITY TO CITY UK
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £54,636 for the year ended 30 June 2024, resulting in negative total reserves of £2,329. The trustees acknowledge this is significantly below their agreed minimum reserve policy target of £50,008. Despite the deficit and negative reserves, the trustees confirm the charity remains a going concern, citing continued financial support from City to City Global and City to City Europe.
What the accounts disclose
“One member of staff received remuneration at a rate of between £80,000 and £90,000 per annum” — page 12
“One member of staff received remuneration at a rate of between £80,000 and £90,000 per annum” — page 12
“The financial review for the 12 months ending June 2024 shows that our reserves stood at a negative £2,329, significantly below the minimum requirement of £50,008 outlined in our reserves policy as of 30 June 2024.”
“Neil Powell, who is a member of key management received a rent subisdy of £5,760 (2023: £9,600) from the charity for a property occupied by that individual and used by the charity to provide accommodation for Redeemer City to City global staff working in partnership with the London Project and other charitable workers engaged in London Project related activities who would otherwise have to rent accommodation whilst in London” — page 15
Trustees
- Hendrik Lourens Martinus Du Plessis
- Jonathan Wright
- Lindsay Hall
- Timothy Achilles Coomar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £377k | £382k |
| 30/06/2024 | £360k | £414k |
| 30/06/2023 | £434k | £446k |
| 30/06/2022 | £444k | £479k |
| 31/12/2020 | £201k | £123k |
Common questions
Is CITY TO CITY UK financially healthy?
The accounts state that the charity reported a net expenditure deficit of £54,636 for the year ended 30 June 2024, resulting in negative total reserves of £2,329. The trustees acknowledge this is significantly below their agreed minimum reserve policy target of £50,008. Despite the deficit and negative reserves, the trustees confirm the charity remains a going concern, citing continued financial support from City to City Global and City to City Europe. Its FY2024 accounts were independently examined.
What does the highest-paid employee of CITY TO CITY UK earn?
Per its FY2024 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOPE CHURCH HARROGATE | 1 | £18k |
| WOODLANDS GROUP OF CHURCHES | 1 | £3k |
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