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

PARKVIEW CHAPEL, BOTESDALE

Registered charity 1170915 · accounts filings on the Charity Commission register

Latest income
£274k
Latest spending
£52k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity operated at a deficit of £2,335 for the year, with unrestricted expenses exceeding receipts. However, unrestricted reserves stood at £28,178, which is above the trustees' stated policy target of £11,000 to £22,000. The trustees note that a building refurbishment programme is underway, which will impact future expenditure.

What the accounts disclose

Reserves policy: three and six months of normal expenditure, (£11,000 to £22,000) (held: £28k)
“It is our aim to maintain free reserves that equate between three and six months of normal expenditure, (£11,000 to £22,000)” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Payments were made to three trustees for preaching services.
“Payments were made to three of the trustees following their preaching at our services on a number of occasions. Apart from this no other trustee received any payment.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments made to trustees for preaching services
“Payments were made to three of the trustees following their preaching at our services on a number of occasions. Apart from this no other trustee received any payment.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/12/2025£274k£52k
31/12/2024£53k£57k
31/12/2023£55k£51k
31/12/2022£56k£51k
31/12/2021£45k£41k

Common questions

Is PARKVIEW CHAPEL, BOTESDALE financially healthy?

The accounts state that the charity operated at a deficit of £2,335 for the year, with unrestricted expenses exceeding receipts. However, unrestricted reserves stood at £28,178, which is above the trustees' stated policy target of £11,000 to £22,000. The trustees note that a building refurbishment programme is underway, which will impact future expenditure. Its FY2024 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATH ST. BARTHOLOMEW.