FOUNTAINS CHURCH BRADFORD
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a small £4k deficit and unrestricted reserves of £121,426, which the trustees note equates to approximately three months of non-SDF funded costs. While the trustees acknowledge challenges regarding reduced balances and liquidity as grant funding tapers, they report reasonable stability and no material uncertainties about continuing as a going concern.
What the accounts disclose
“it is the policy of this church to aim to keep three months running costs and a further one month's salary costs in reserve to cover unforeseen emergencies.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (05/05/2023)
Trustees
- THE RT REVD DR TOBY MATTHEW HOWARTHchair
- Dr Hendrika Jolley
- Gareth John Medd
- Laurence Crummay
- Matthew Kehinde
- Megan Emily McCallum
- Rev Chris Enwerem
- Rev Leah Leighton
- Rev Linda Maslen
- Rev Sharon Bavington
- Shelby Pocock
- TERRY HENRY
- The Venerable Dr Andrew John Jolley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.0m | £927k |
| 31/12/2023 | £628k | £632k |
| 31/12/2022 | £367k | £387k |
| 31/12/2021 | £361k | £276k |
| 31/12/2020 | £250k | £168k |
Common questions
Is FOUNTAINS CHURCH BRADFORD financially healthy?
The accounts state that the charity ended the year with a small £4k deficit and unrestricted reserves of £121,426, which the trustees note equates to approximately three months of non-SDF funded costs. While the trustees acknowledge challenges regarding reduced balances and liquidity as grant funding tapers, they report reasonable stability and no material uncertainties about continuing as a going concern. Its FY2024 accounts were independently examined.