CHURCH OF OUR SAVIOUR
Church of our Saviour is a Single Congregation Local Ecumenical Partnership between the Church of England and The United Reformed Church.It is the Church for Chelmer Village and Chancellor Park and its address is Ashton Place, Chelmsford. CM2 6ST
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a deficit of £15,670 for the year ended 31 December 2024, resulting in unrestricted reserves of £10,895. The trustees report that this deficit has a significant impact on reserve levels, which currently amount to only 11% of expenditure against a policy target of 40%. The trustees note that they face real challenges in meeting financial obligations due to high energy costs and may need to make tough decisions to cover bills, although they state they are not in crisis.
What the accounts disclose
“Planned Giving 36,488”
“Reserves (of £10,895) amount to 11% of expenditure. To comply with our reserves policy we should have reserves of £41,490.”
“During the year £4,710 was paid to Claire Musselwhite for services as our Children's and Communitu Outreach Worker”
“During the year £4,710 was paid to Claire Musselwhite for services as our Children's and Communitu Outreach Worker, £225 of which was historical under accrual (2023 £3,900) Claire was in post when the parish became an independent charity.”
Trustees
- Rev Andrew Paul Greaves-Brownchair
- CLAIRE MUSSELWHITE
- David N Miles
- Denise Somers
- GARY STANDING
- Gary Clayton
- Gwilym Morris
- Owen Richard Edwards
- Rev MANDY HEWSON
- Ruth Mary Hughes
- SOPHIE Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £84k | £100k |
| 31/12/2023 | £86k | £104k |
| 31/12/2022 | £75k | £84k |
| 31/12/2021 | £85k | £69k |
| 31/12/2020 | £111k | £81k |
Common questions
Is CHURCH OF OUR SAVIOUR financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a deficit of £15,670 for the year ended 31 December 2024, resulting in unrestricted reserves of £10,895. The trustees report that this deficit has a significant impact on reserve levels, which currently amount to only 11% of expenditure against a policy target of 40%. The trustees note that they face real challenges in meeting financial obligations due to high energy costs and may need to make tough decisions to cover bills, although they state they are not in crisis. Its FY2024 accounts were independently examined.