FOUNTAINS CHURCH BRADFORD

Registered charity 1183423 · accounts filings on the Charity Commission register · also known as FOUNTAINS CHURCH

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Latest income
£1.0m
Latest spending
£927k
Registered
2019
Accounts read
FY2024

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

Reserves policy: three months running costs and a further one month's salary costs (held: £121k)
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.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.0m
Total spending
£927k
Reserves (reported)
£0
Employees
7

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

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

Operates in: Bradford City

Income and spending

Financial year endIncomeSpending
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.