THE WELCOME CHURCH, WITNEY
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £42,240 for the year, resulting in total unrestricted reserves of £425,503. The trustees note that free general reserves are significantly greater than the policy target of six months' expenditure, attributing this surplus to anticipated property upgrade costs. The filing confirms adequate resources for going concern with no material uncertainties identified.
What the accounts disclose
“The Trustees recognise that the amount of free general reserves is significantly greater than required to comply with the requirements of the reserves policy to have no less than six months of expenditure as free general reserves.” — page 5
“During the year, one trustee (or any persons connected with them) received remuneration of £38,999 (2024: £37,620) and pension contributions of £1,950 (2024: £1,881) from the Trust in respect of services related to the mission of the church, as opposed to services as trustees.” — page 12
Register events
- Received assets from another charity (03/11/2021)
Trustees
- Craig Alexander Gibsonchair
- Benjamin Richard Mooneapillay
- Iain Lyle Sinclair Gray
- Jeremy Robert Brien
- Susan Elizabeth Chapman
- Tony Colledge
- Tracy Nicola Colledge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £188k | £146k |
| 31/12/2024 | £179k | £120k |
| 31/12/2023 | £164k | £133k |
| 31/12/2022 | £122k | £113k |
| 31/12/2021 | £133k | £116k |
Common questions
Is THE WELCOME CHURCH, WITNEY financially healthy?
The accounts state that the charity generated a net income of £42,240 for the year, resulting in total unrestricted reserves of £425,503. The trustees note that free general reserves are significantly greater than the policy target of six months' expenditure, attributing this surplus to anticipated property upgrade costs. The filing confirms adequate resources for going concern with no material uncertainties identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £8k |
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