HOPE CHURCH TONBRIDGE
Financial health, per its FY2023 accounts
The accounts state that the charity reported an unrestricted fund surplus of £659,869, largely driven by the valuation of donated church premises. Free unrestricted reserves stood at £27,337, which is above the trustees' stated policy target of approximately £21,000. The trustees confirmed the charity has adequate resources to continue as a going concern for at least 12 months.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2020)
Register events
- Received assets from another charity (12/11/2020)
- Received assets from another charity (12/11/2020)
Trustees
- Paul Andrew Clarkchair
- Frederick Reay
- Jenna Marie LLoyd
- LESLEY ANNE BOWER
- Louise Grayson
- MR TIM BOWER
- Malcolm David Harris
- NIGEL THOMAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £176k | £199k |
| 31/12/2023 | £157k | £172k |
| 31/12/2022 | £134k | £157k |
| 31/12/2021 | £145k | £129k |
| 31/12/2020 | £636k | £93k |
Common questions
Is HOPE CHURCH TONBRIDGE financially healthy?
The accounts state that the charity reported an unrestricted fund surplus of £659,869, largely driven by the valuation of donated church premises. Free unrestricted reserves stood at £27,337, which is above the trustees' stated policy target of approximately £21,000. The trustees confirmed the charity has adequate resources to continue as a going concern for at least 12 months. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |
| REGIONS BEYOND UK | 1 | £6k |
| NORMAN WHITELEY TRUST | 1 | £2k |