DENBIGH MISSION AREA
holding of public worshipaccess to space for private prayereducating the community about the Christian faith
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of a deficit of £30,659 for the year ended 31 December 2024, with total funds carried forward standing at £1,603,802. The trustees' report notes that most churches had to dip into their reserves to stay financially viable during the year. The charity maintains a reserves policy target of retaining unrestricted 'free' reserves equal to at least three months of payments.
What the accounts disclose
“Most churches have had to dip into their reserves to stay financially viable this year. The MAC aims to retain a balance of unrestricted 'free' reserves to provide working capital, and to meet any future shortfalls in receipts or unexpected payments, at least equal to 3months payments.” — page 7
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Rev Rebecca-Elizabeth Spareychair
- Angeline Margaret Frances Lawson BEM
- Anne Needham
- Carol Bellis
- Christine Parnell
- David Meredith-Jones
- Gareth Williams
- MARY STEEL
- Norma Ann Rowles
- Paul Russell Williams
- Rev Daniel Morgan
- Rev Dr Sally Elizabeth Harper
- Roger Charles Mullock
- SALLY-ANNE HENDERSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £316k | £429k |
| 31/12/2023 | £323k | £365k |
| 31/12/2022 | £517k | £338k |
| 31/12/2021 | £523k | £305k |
| 31/12/2020 | £443k | £289k |
Common questions
Is DENBIGH MISSION AREA financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net movement in funds of a deficit of £30,659 for the year ended 31 December 2024, with total funds carried forward standing at £1,603,802. The trustees' report notes that most churches had to dip into their reserves to stay financially viable during the year. The charity maintains a reserves policy target of retaining unrestricted 'free' reserves equal to at least three months of payments. Its FY2024 accounts were independently examined.