HOYLAKE EVANGELICAL CHURCH
The activities of the Church are: The advancement of the Christian faith in accordance with the Basis of Faith primarilybut not exclusively within Hoylake and the surrounding neighbourhood; and such other charitable activities as shall, inthe opinion of the members of the Church in general meeting, put into practice the teaching of the Lord Jesus Christ.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource of £179,481 for the year, resulting in total reserves of £342,048. However, the trustees note that the going concern basis is dependent on continuing grant and donation support, indicating a reliance on ongoing income streams. Free liquid reserves stood at £37,558 against a policy target of maintaining adequate reserves for at least six months of activities.
What the accounts disclose
“Adequate reserves are maintained to fund the charity’s activities for at least six months forward.” — page 8
“The Charity is entirely dependent on continuing grant and donation support and as a consequence the going concern basis is also dependent on that continuing financial support.” — page 14
“Huw Willis, a trustee, was remunerated as above for professional services as church pastor.” — page 16
Property (HM Land Registry)
Register events
- Received assets from another charity (13/11/2019)
Trustees
- Alan Wells
- Huw Willis
- Matthew Davies
- PETER DAVIES
- Paul Heaps
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £268k | £88k |
| 31/12/2023 | £142k | £69k |
| 31/12/2022 | £100k | £88k |
| 31/12/2021 | £81k | £64k |
| 31/12/2020 | £72k | £53k |
Common questions
Is HOYLAKE EVANGELICAL CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net incoming resource of £179,481 for the year, resulting in total reserves of £342,048. However, the trustees note that the going concern basis is dependent on continuing grant and donation support, indicating a reliance on ongoing income streams. Free liquid reserves stood at £37,558 against a policy target of maintaining adequate reserves for at least six months of activities. Its FY2024 accounts were independently examined.