SEVENOAKS GOSPEL TRUST
Latest income
£101k
Latest spending
£14k
Registered
2018
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,553,165 at year-end, which is significantly above its stated policy target of £50,000. The trustees confirmed that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Reserves policy: £50,000 (held: £1.6m)
“The policy requires a minimum of £50,000 to be held in reserve.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/06/2023)
Total income
£652k
Total spending
£17k
Reserves (reported)
£245k
Employees
0
Trustees
- MARK DOMINIC HARDINGchair
- DEBORAH JAEL DRURY
- GAVIN BRIAN WATSON
- Giles Samuel Mailer Witchell
- Michelle Reid
- Professor Peter John Rees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £101k | £14k |
| 30/06/2024 | £93k | £9k |
| 30/06/2023 | £652k | £17k |
| 30/06/2022 | £91k | £17k |
| 30/06/2021 | £137k | £21k |
Common questions
Is SEVENOAKS GOSPEL TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £1,553,165 at year-end, which is significantly above its stated policy target of £50,000. The trustees confirmed that the charity has adequate resources to continue operating for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HARVEST COMMUNITY NETWORK | 1 | £32k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MICHAEL AND ST GEORGE, FULWELL | 1 | £3k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. STEPHEN WITH ST. LUKE, PADDINGTON | 1 | £3k |