Charity Accounts Intelreading the accounts so you don’t have to

Waypoint

Registered charity 1168433 · accounts filings on the Charity Commission register · also known as LHFC, LOCKS HEATH FREE CHURCH, WAYPOINT CHURCH, WAYPOINT-CHURCH

Latest income
£689k
Latest spending
£630k
Registered
2016
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a surplus on general fund operations of £42,510 for the year ended 31 December 2023, bringing unrestricted reserves to £370,432. The trustees maintain a reserves policy targeting a cash reserve equivalent to six to nine months of general running costs. Per the trustees' report, the charity is satisfied it will continue as a going concern with sufficient liquid resources to meet outgoings for at least twelve months.

What the accounts disclose

Reserves policy: six and a maximum of nine months’ general running costs (held: £370k)
“It is the intention of the Church to hold a cash reserve equivalent to a minimum of six and a maximum of nine months’ general running costs” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: J Privett, A Roseblade, C Johnson, P Griffiths, H Palmer received remuneration.
“As permitted by the Church’s governing document, certain trustees and persons connected with them received remuneration, benefits and reimbursement of expenses for employment services rendered in the year as follows:” — page 38
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Mr S G Talati FCA.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£689k
Total spending
£630k
Reserves (reported)
£4.3m
Employees
4

Reported reserves equal ~82.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/12/2024£689k£630k
31/12/2023£662k£600k
31/12/2022£539k£538k
31/12/2021£558k£564k
31/12/2020£578k£486k

Common questions

Is Waypoint financially healthy?

The accounts state that the charity generated a surplus on general fund operations of £42,510 for the year ended 31 December 2023, bringing unrestricted reserves to £370,432. The trustees maintain a reserves policy targeting a cash reserve equivalent to six to nine months of general running costs. Per the trustees' report, the charity is satisfied it will continue as a going concern with sufficient liquid resources to meet outgoings for at least twelve months. Its FY2023 accounts were audited by Mr S G Talati FCA.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, EAST TWICKENHAM1£6k
THE JONATHAN TOWLER FOUNDATION1£3k
THE JOHN HORSEMAN TRUST1£2k
THE RED SOCKS CHARITABLE TRUST1£1k
Aylesham Community Trust1£967

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Semantically similar by activities and financial character, from our analysed corpus. Compare with KINGS CHURCH UCKFIELD.