FESTIVAL CHURCH
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small net deficit of £1,482 for the year ended 31 March 2025, resulting in unrestricted reserves of £1,310,664. The trustees note that despite the deficit, the charity undertook considerable building maintenance and expanded its ministries. The going concern basis is adopted, though the trustees acknowledge dependency on uncertain future funding streams.
What the accounts disclose
“Timothy Rowlands received remuniration during the year. He was paid for the role as Senior Pastor. Emily Rowlands is employed as the Pathways Manager and is paid for that role.” — page 17
“It is Festival Church policy to maintain a balance on unrestricted funds which equates to approximately three months' unrestricted payments in addition to £20,000 to cover emergency situations which may arise from time to time.” — page 6
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 14
“Timothy Rowlands received remuniration during the year. He was paid for the role as Senior Pastor.” — page 17
“Timothy Rowlands received remuniration during the year. He was paid for the role as Senior Pastor. Emily Rowlands is employed as the Pathways Manager and is paid for that role.” — page 17
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (12/12/2024)
- Received assets from another charity (12/12/2024)
- Received assets from another charity (11/12/2024)
- Received assets from another charity (28/07/2023)
Trustees
- Timothy James Rowlandschair
- Michael Leonard Meynell
- Philip John Pierce
- ROBERT David Morris STEWART
- Ruth Mercy
- SAMUEL JOHN ROWLANDS
- Tracey Ann Pardoe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £578k | £580k |
| 31/03/2024 | £568k | £484k |
| 31/03/2023 | £1.7m | £454k |
| 31/03/2022 | £15k | £6k |
| 31/03/2021 | £0 | £0 |
Common questions
Is FESTIVAL CHURCH financially healthy?
The accounts state that the charity reported a small net deficit of £1,482 for the year ended 31 March 2025, resulting in unrestricted reserves of £1,310,664. The trustees note that despite the deficit, the charity undertook considerable building maintenance and expanded its ministries. The going concern basis is adopted, though the trustees acknowledge dependency on uncertain future funding streams. Its FY2025 accounts were independently examined.
What does the highest-paid employee of FESTIVAL CHURCH earn?
Per its FY2025 accounts, the highest-paid employee was in the unclear band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BANBURY CHARITIES | 1 | £9k |