GRACE CHURCH BRIDGEND
The objects of the charity are to advance the Christian Religion and to glorify God for the benefit of the public, in accordance with the Basis of Faith. These objects are achieved through activities which serve the church and the local community.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £44,415, resulting in a net decrease in cash funds of £805. Free reserves stood at £24,332, which the trustees confirm is more than their stated policy requirement of three months' operating funds. The charity reported no outstanding debt or guarantees and no funds materially in deficit.
What the accounts disclose
“A minimum of three months operating funds is to be kept in reserve, primarily to pay staff salaries and rent.” — page 3
“John Orchard received a salary and pension payments totalling £23,181 in the year, this figure includes employers National Insurance Contributions. John is a trustee of the charity and serves as pastor of the church. In addition, his wife Mrs Katherine Orchard, received as salary of £8,696 in the year.” — page 3
“John Orchard received a salary and pension payments totalling £23,181 in the year, this figure includes employers National Insurance Contributions. John is a trustee of the charity and serves as pastor of the church.” — page 3
“In addition, his wife Mrs Katherine Orchard, received as salary of £8,696 in the year.” — page 3
“John Orchard received a salary and pension payments totalling £23,181 in the year, this figure includes employers National Insurance Contributions. John is a trustee of the charity and serves as pastor of the church.” — page 3
“In addition, his wife Mrs Katherine Orchard, received as salary of £8,696 in the year.” — page 3
Register events
- Received assets from another charity (16/02/2017)
Trustees
- JOHN PETER ORCHARD
- KEVIN TAYLOR
- Mark Liam Steele
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £44k | £45k |
| 31/12/2023 | £38k | £44k |
| 31/12/2022 | £49k | £46k |
| 31/12/2021 | £51k | £44k |
| 31/12/2020 | £64k | £61k |
Common questions
Is GRACE CHURCH BRIDGEND financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £44,415, resulting in a net decrease in cash funds of £805. Free reserves stood at £24,332, which the trustees confirm is more than their stated policy requirement of three months' operating funds. The charity reported no outstanding debt or guarantees and no funds materially in deficit. Its FY2024 accounts were independently examined.