PALMERS OF SHREWSBURY
The charity is established for the objects of advancing the Christian Faith including advancing of education of the public in all aspects of the faith in Shrewsbury and the surrounding areas by the provision of a Christian run coffee shop
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £1,473 for the year ended 31 March 2025, resulting in unrestricted funds of £7,139. The trustees confirm that adequate resources are available to fund activities for the foreseeable future and identify no material uncertainties regarding going concern. The charity's reserves policy aims to hold two months' wages, against which the current unrestricted funds of £7,139 are held.
What the accounts disclose
“We aim to build up and hold two months wages in reserves” — page 3
“The following trustees were paid remuneration for providing services to the charity under employment contracts: Mrs J Evans: £11,142 Mrs J James: £2,611” — page 9
“Included within donations paid is a balance of £600 (2024: £600) which has been paid to Kyles Home C.L.C, of which Mrs J James is a trustee.” — page 14
Trustees
- Rev Nicholas Ashley Pricechair
- Alan Cowburn
- Jennifer Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £216k | £215k |
| 31/03/2024 | £199k | £203k |
| 31/03/2023 | £177k | £184k |
| 31/03/2022 | £166k | £153k |
| 31/03/2021 | £84k | £89k |
Common questions
Is PALMERS OF SHREWSBURY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £1,473 for the year ended 31 March 2025, resulting in unrestricted funds of £7,139. The trustees confirm that adequate resources are available to fund activities for the foreseeable future and identify no material uncertainties regarding going concern. The charity's reserves policy aims to hold two months' wages, against which the current unrestricted funds of £7,139 are held. Its FY2025 accounts were independently examined.