GROWING YOUNG DISCIPLES
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing of resources of £41,630 for the year, resulting in a significant reduction in cash balance from £78,378 to £33,586. The trustees note that unrestricted funds of £24,753 are below their policy target of approximately £75,000, describing financial stabilisation as a priority. However, the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“One employee received emoluments of more than £60,000 (2023 : None).” — page 12
“One employee received emoluments of more than £60,000 (2023 : None).” — page 12
“However we currently only have £24,753 in unrestricted funds.” — page 5
“Ms M Lacy, a trustee, received remuneration of £61,000 (2023 - £57,000), under employment contracts in respect of her role as Executive Director.” — page 12
“Ms M Lacy, a trustee, received remuneration of £61,000 (2023 - £57,000), under employment contracts in respect of her role as Executive Director. A contribution of £1,830 (2023 - £1,710) was also made to the charity defined contribution pension scheme.” — page 12
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "below" (FY2024).
Trustees
- Timothy Thornboroughchair
- DEBBIE WOODS
- Melanie June Lacy
- STUART ANDREW CHAPLIN
- TIMOTHY JAMES WICKHAM
- Thomas William David Johnston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £426k | £435k |
| 30/06/2024 | £341k | £383k |
| 30/06/2023 | £297k | £319k |
| 30/06/2022 | £247k | £185k |
| 30/06/2021 | £64k | £76k |
Common questions
Is GROWING YOUNG DISCIPLES financially healthy?
The accounts state that the charity reported a net outgoing of resources of £41,630 for the year, resulting in a significant reduction in cash balance from £78,378 to £33,586. The trustees note that unrestricted funds of £24,753 are below their policy target of approximately £75,000, describing financial stabilisation as a priority. However, the trustees consider there to be no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
What does the highest-paid employee of GROWING YOUNG DISCIPLES earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds GROWING YOUNG DISCIPLES?
Funders whose own accounts filings name GROWING YOUNG DISCIPLES as a grant recipient include THE CROSS TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST KNUTSFORD, RAYNERS LANE BAPTIST CHURCH.