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

STONEWAY CHURCH

Registered charity 1188918 · accounts filings on the Charity Commission register

Latest income
£834k
Latest spending
£562k
Registered
2020
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a deficit of £89,082 for the year ended 31 December 2022, following a surplus in the prior year. The trustees note that the charity is in its early stages and have deferred setting a specific reserves policy until recurring costs are better understood. However, they confirm that all money held is unrestricted and that going concern is not considered a high risk due to the level of reserves held.

What the accounts disclose

Accounts independently examined (not a full audit).

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

Total income
£834k
Total spending
£562k
Reserves (reported)
£653k
Employees
4

Reported reserves equal ~13.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Reading

Income and spending

Financial year endIncomeSpending
31/12/2024£834k£562k
31/12/2023£258k£527k
31/12/2022£392k£482k
31/12/2021£812k£48k
31/12/2020£0£0

Common questions

Is STONEWAY CHURCH financially healthy?

The accounts state that the charity reported a deficit of £89,082 for the year ended 31 December 2022, following a surplus in the prior year. The trustees note that the charity is in its early stages and have deferred setting a specific reserves policy until recurring costs are better understood. However, they confirm that all money held is unrestricted and that going concern is not considered a high risk due to the level of reserves held. Its FY2022 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
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREYFRIARS READING1£24k
BERKSHIRE COMMUNITY FOUNDATION1£10k
THE EARLEY CHARITY1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE PARISH OF ST LAURENCE.