HASTINGS & ST LEONARDS CAP GROUP
The Charity works in cooperation with Christians Against Poverty (CAP), a national charity (Reg charity 1097217) to provide debt counselling to those struggling in problem debt. The service is free at the point of delivery.
Financial health, per its FY2025 accounts
The accounts state that total reserves stood at £6,656, which is below the trustees' stated policy target of 25% of the annual operating budget. The trustees note that income fluctuates due to its reliance on voluntary contributions and grants, but maintain that reserves enable them to meet obligations in a timely manner despite an uncertain economic environment.
What the accounts disclose
“Supporting churches 64% (2024 36%)” — page 5
“The Trustees aim to have a level of reserve equating to 25% of the annual operating budget.” — page 5
Trustees
- Ann Wallace
- Elaine Lee
- Ian Gill
- Jonathan Nicholas Wales
- ROY MCGAUGHEY
- Rev MATTHEW JOHN FOY
- Richard White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £25k | £24k |
| 31/12/2024 | £16k | £22k |
| 31/12/2023 | £23k | £21k |
| 31/12/2022 | £19k | £17k |
| 31/12/2021 | £12k | £15k |
Common questions
Is HASTINGS & ST LEONARDS CAP GROUP financially healthy?
Per its FY2025 accounts: The accounts state that total reserves stood at £6,656, which is below the trustees' stated policy target of 25% of the annual operating budget. The trustees note that income fluctuates due to its reliance on voluntary contributions and grants, but maintain that reserves enable them to meet obligations in a timely manner despite an uncertain economic environment. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 25/09/2020 | £8k | Coronavirus Community Support Fund |