MERLAND RISE CHURCH
To promote the Christian faith within the local community and in the wider world
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £43,005 for the year, resulting in a decrease in total funds from £2,053,054 to £2,010,049. Per the trustees' report, the charity's reserves met its stated policy targets, maintaining a General Reserve Fund of £15,000 and a General Repairs and Maintenance Fund. The trustees confirm that cash resources are sufficient to cover working capital requirements for at least 12 months.
What the accounts disclose
“At 31 December 2024, the Church owed trustees £200,000 (31.12.2023 - £200,000). This loan is unsecured, interest free and repayable after more than one year.” — page 23
“The total amount of donations without conditions received by the Church from the trustees during the period was £24,061 (period to 31.12.2023 - £15,107).” — page 23
“At 31 December 2024, the Church owed trustees £200,000 (31.12.2023 - £200,000). This loan is unsecured, interest free and repayable after more than one year.” — page 23
“The total amount of donations without conditions received by the Church from the trustees during the period was £24,061 (period to 31.12.2023 - £15,107).” — page 23
“The Church holds 100% of the issued share capital of Merland Rise Church Trading Limited, a company registered in England and Wales.” — page 19
Property (HM Land Registry)
Register events
- Received assets from another charity (12/11/2021)
Trustees
- Richard James Powellchair
- David Thomas
- Kristian Mark Peter Lane
- Pradeep Oliver
- Simon Edward Pain
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £204k | £205k |
| 31/12/2023 | £220k | £260k |
| 31/12/2022 | £166k | £175k |
| 31/12/2021 | £178k | £178k |
| 31/12/2020 | £133k | £110k |
Common questions
Is MERLAND RISE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £43,005 for the year, resulting in a decrease in total funds from £2,053,054 to £2,010,049. Per the trustees' report, the charity's reserves met its stated policy targets, maintaining a General Reserve Fund of £15,000 and a General Repairs and Maintenance Fund. The trustees confirm that cash resources are sufficient to cover working capital requirements for at least 12 months. Its FY2024 accounts were independently examined.