ANCHOR CHURCH LYMINGTON AND PENNINGTON
Anchor Church holds a weekly Sunday service to which all are welcome, as well as various mid-week activities, all of which are outlined on its website.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a deficit of £10,037 in unrestricted funds, though this was a significant improvement over the budgeted deficit of £35,169. The charity maintains a reserves policy to hold unrestricted cash of no less than £20,000, and the year-end unrestricted funds stood at £63,202. The trustees report that the charity continues to be well-supported through prayer and financial giving.
What the accounts disclose
“The employment costs in Note 3 relate to the employment of Rev C M Henderson, a Trustee, in his capacity as Pastor of the church.” — page 13
“The Trustees’ policy is to hold unrestricted cash of no less than £20,000, to meet at least three months unrestricted payments, to smooth out fluctuations in cash flow, and to meet any unforeseen expenses.” — page 6
“The employment costs in Note 3 relate to the employment of Rev C M Henderson, a Trustee, in his capacity as Pastor of the church. This is permitted by the governing document.” — page 13
“The employment costs in Note 3 relate to the employment of Rev C M Henderson, a Trustee, in his capacity as Pastor of the church. This is permitted by the governing document. Expenses, relating to ordinary church running costs and unrelated to his role as Trustee, were reimbursed to the Pastor.” — page 13
“The funds received as agent (Note 8) were donations gifted for the family of Mr J W Ivin, who is the self-supporting Assistant Minister, and were not related to his role as Trustee.” — page 13
“The employment costs in Note 3 relate to the employment of Rev C M Henderson, a Trustee, in his capacity as Pastor of the church. This is permitted by the governing document. Expenses, relating to ordinary church running costs and unrelated to his role as Trustee, were reimbursed to the Pastor.” — page 13
“The funds received as agent (Note 8) were donations gifted for the family of Mr J W Ivin, who is the self-supporting Assistant Minister, and were not related to his role as Trustee.” — page 13
Trustees
- Rev Christopher Michael Hendersonchair
- James Ivin
- Katharine Louise Bray
- Rev NICHOLAS ROBIN THOMAS HISCOCKS
- Rohit Rajesh Trivedi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £176k |
| 31/12/2023 | £117k | £69k |
| 31/12/2022 | £111k | £67k |
| 31/12/2021 | £55k | £62k |
| 31/12/2020 | £150k | £21k |
Common questions
Is ANCHOR CHURCH LYMINGTON AND PENNINGTON financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a deficit of £10,037 in unrestricted funds, though this was a significant improvement over the budgeted deficit of £35,169. The charity maintains a reserves policy to hold unrestricted cash of no less than £20,000, and the year-end unrestricted funds stood at £63,202. The trustees report that the charity continues to be well-supported through prayer and financial giving. Its FY2024 accounts were independently examined.
What does the highest-paid employee of ANCHOR CHURCH LYMINGTON AND PENNINGTON earn?
Per its FY2024 accounts, the highest-paid employee was in the unclear band.