GRACE CHURCH SYDENHAM
The main weekly Sunday services, prayer meetings, bible study groups..Church sermons are also available to download from the Church's website. The Church also practical and spiritual support including a joining course, marriage and parenting courses, and others as and when needed.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net cash outflow of £15,094 for the year, resulting in a decrease in unrestricted cash balances to £83,563. Despite this deficit, the trustees confirm that unrestricted cash held significantly exceeds their stated policy target of £22,500, which is intended to cover wind-down costs.
What the accounts disclose
“The Trustees aim to hold unrestricted cash of no less than £22,500, which is an estimate of the amount that would be needed to wind down the charity should this ever become necessary.” — page 4
“During the year the charity paid employment benefits totalling £57,405 (2024: £54,414) to Rev T Iles, who is a trustee. Rev Iles is paid for serving as church Minister and is not remunerated for serving as a trustee; this is permitted by the charity's governing document.” — page 8
“During the year the charity paid employment benefits totalling £57,405 (2024: £54,414) to Rev T Iles, who is a trustee. Rev Iles is paid for serving as church Minister and is not remunerated for serving as a trustee; this is permitted by the charity's governing document.” — page 8
Trustees
- Benedict Cooper
- Benjamin Cook
- Dr RICHARD DOUGLAS PROCTOR
- Helena Talbot-Rice
- Rev TIMOTHY RICHARD ILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £97k | £113k |
| 31/08/2024 | £144k | £111k |
| 31/08/2023 | £74k | £97k |
| 31/08/2022 | £88k | £72k |
| 31/08/2021 | £84k | £66k |
Common questions
Is GRACE CHURCH SYDENHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net cash outflow of £15,094 for the year, resulting in a decrease in unrestricted cash balances to £83,563. Despite this deficit, the trustees confirm that unrestricted cash held significantly exceeds their stated policy target of £22,500, which is intended to cover wind-down costs. Its FY2025 accounts were independently examined.