GRACE CHURCH EXETER

Registered charity 1182435 · accounts filings on the Charity Commission register

Latest income
£286k
Latest spending
£328k
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity made a deficit of £25,478 for the year, with total income reducing by 23.6% largely due to a one-off gift received in the prior year. Per the trustees' report, unrestricted reserves of £505,616 cover 11 months of unrestricted expenditure, which is significantly higher than the policy target of three months. The trustees note that reserves are higher than sought and aim to hold sufficient funds to cover 5-6 months of expenditure.

What the accounts disclose

Reserves policy: three months unrestricted expenditure (held: £506k)
our reserves policy specified these reserves were to cover three months unrestricted expenditure
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — Grace Church Exeter (matched by registered charity number).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/08/2025£286k£328k
31/08/2024£285k£266k
31/08/2023£270k£296k
31/08/2022£354k£285k
31/08/2021£395k£207k

Common questions

Is GRACE CHURCH EXETER financially healthy?

The accounts state that the charity made a deficit of £25,478 for the year, with total income reducing by 23.6% largely due to a one-off gift received in the prior year. Per the trustees' report, unrestricted reserves of £505,616 cover 11 months of unrestricted expenditure, which is significantly higher than the policy target of three months. The trustees note that reserves are higher than sought and aim to hold sufficient funds to cover 5-6 months of expenditure. Its FY2023 accounts were independently examined.

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