CHRIST CENTRAL PRESTON
To advance the Christian religion for the public benefit, in accordance with the Basis of faith, in the Preston area in particular, but not exclusively, by the provision of facilities for public worship and prayer.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £120,887, significantly exceeding the trustees' policy target of approximately £8,000 (three months of running costs). The charity reported a net income of £59,395 for the year, funded primarily by voluntary donations, with no staff members earning over £60,000.
What the accounts disclose
“an amount of no less than 3 months running costs should be available in unrestricted reserves at any one point in time. This amounts to an amount of around £8,000.”
“Mr Benjamin Horn received a total of £6,800 (2024 - £6,799) in wage costs for his work in the day to day operation of the charity but not in any respect in connection with his role as trustee.” — page 12
“Mr Timothy Foster received a total of £13,571 (2024 - £13,593) in wage costs for his work in the day to day operation of the charity but not in any respect in connection with his role as trustee.” — page 12
“Mr Benjamin Horn received a total of £6,800 (2024 - £6,799) in wage costs for his work in the day to day operation of the charity but not in any respect in connection with his role as trustee.” — page 12
“Mr Timothy Foster received a total of £13,571 (2024 - £13,593) in wage costs for his work in the day to day operation of the charity but not in any respect in connection with his role as trustee.” — page 12
Trustees
- ANDREW WILLIAMSchair
- BENJAMIN ROBERT HORN
- Dr Matthew Theobald
- Timothy James Hugh Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £87k | £28k |
| 31/03/2024 | £43k | £28k |
| 31/03/2023 | £30k | £33k |
| 31/03/2022 | £60k | £27k |
| 31/03/2021 | £28k | £20k |
Common questions
Is CHRIST CENTRAL PRESTON financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £120,887, significantly exceeding the trustees' policy target of approximately £8,000 (three months of running costs). The charity reported a net income of £59,395 for the year, funded primarily by voluntary donations, with no staff members earning over £60,000. Its FY2025 accounts were independently examined.