Charity Accounts Intelreading the accounts so you don’t have to

FAITHINVEST

Registered charity 1187015 · accounts filings on the Charity Commission register

Latest income
£526k
Latest spending
£644k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity recorded a net deficit of £117,541 for the year, drawing upon prior-year reserves to support operations during a transition period. Per the trustees' report, unrestricted reserves stood at £174,034, which represents approximately three months of operating expenditure, in line with their stated reserves policy. The charity notes that total income decreased significantly from the previous year following the conclusion of several restricted grant programmes.

What the accounts disclose

Reserves policy: three months of operating expenditure (held: £174k)
“This represents approximately three months of operating expenditure, in line with our reserves policy.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

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

Total income
£526k
Total spending
£644k
Reserves (reported)
£174k
Employees
5

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: China · India · Indonesia · Japan · Netherlands · Norway · Switzerland · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£526k£644k
31/12/2023£870k£1.0m
31/12/2022£1.6m£1.4m
31/12/2021£1.1m£1.1m
31/12/2020£1.8m£922k

Common questions

Is FAITHINVEST financially healthy?

The accounts state that the charity recorded a net deficit of £117,541 for the year, drawing upon prior-year reserves to support operations during a transition period. Per the trustees' report, unrestricted reserves stood at £174,034, which represents approximately three months of operating expenditure, in line with their stated reserves policy. The charity notes that total income decreased significantly from the previous year following the conclusion of several restricted grant programmes. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with INCORPORATED CHURCH INSTITUTE, UPPER TOOTING.