GRACE COMMUNITY CHURCH BEDFORD
Financial health, per its FY2023 accounts
The accounts state that the charity is heavily dependent on donations, which represent 96% of total income, to continue its activities. Per the trustees' report, unrestricted reserves decreased from £104,135 to £115,351 after covering increased expenses, while the charity remains dependent on continued donor support to fund its operations and future building plans.
What the accounts disclose
“The Church is heavily dependent on donations in order to continue its activities.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (06/12/2021)
Trustees
- Bunmi Alade
- Christopher Atkinson
- David Parish
- Dr Martin Salter
- Dr Raymond James Evans
- Jon Putt
- Olu Alade
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £688k | £657k |
| 31/03/2024 | £597k | £660k |
| 31/03/2023 | £685k | £705k |
| 31/03/2022 | £743k | £784k |
| 31/03/2021 | £633k | £542k |
Common questions
Is GRACE COMMUNITY CHURCH BEDFORD financially healthy?
The accounts state that the charity is heavily dependent on donations, which represent 96% of total income, to continue its activities. Per the trustees' report, unrestricted reserves decreased from £104,135 to £115,351 after covering increased expenses, while the charity remains dependent on continued donor support to fund its operations and future building plans. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BISHOP RADFORD TRUST | 1 | £800 |