DAYSPRING CHURCH TRUST
The main objects of the charity are: a) The advancement of the Christian faithb) Relief of persons who are in conditions of need, hardship or distress, or who are aged or sickc) The advancement of education on Christian principles in any educational establishmentd) To promote any other charitable objects as the Trustees think fit.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net surplus of £11,839 for the year, with total income of £76,016 against charitable expenditure of £64,177. Per the trustees' report, unrestricted reserves stood at £23,420, which is above the stated policy target of £12,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 4 months of expenditure. The trustees consider that this should be £12,000 in general funds.” — page 5
“The above staff costs include salary paid to David Sandberg of £34,268 (2023 £32,873), one of the trustees, for his work in administering the day to day running of the charity.” — page 11
“The trustees R Mrode and D Halls are also trustees of Dayspring Church Trust. During the year Dayspring Church Trust paid £25,526 to The Open Blue Trust for staff support.” — page 13
“During the year under review trustees, key management personnel and their close relatives made unrestricted donations totalling £9,910 and restricted donations totalling £nil.” — page 13
“The trustees R Mrode and D Halls are also trustees of Dayspring Church Trust. During the year Dayspring Church Trust paid £25,526 to The Open Blue Trust for staff support.” — page 13
“During the year under review trustees, key management personnel and their close relatives made unrestricted donations totalling £9,910 and restricted donations totalling £nil.” — page 13
Register events
- Received assets from another charity (12/10/2018)
Trustees
- CAROLE ANN WESTchair
- DAVE HALLS
- Dawn Whale
- Helen Ann Marriott
- Peter Trevor Sims
- RAPH MRODE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £95k | £68k |
| 31/12/2023 | £72k | £63k |
| 31/12/2022 | £78k | £77k |
| 31/12/2021 | £78k | £86k |
| 31/12/2020 | £96k | £97k |
Common questions
Is DAYSPRING CHURCH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net surplus of £11,839 for the year, with total income of £76,016 against charitable expenditure of £64,177. Per the trustees' report, unrestricted reserves stood at £23,420, which is above the stated policy target of £12,000. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.