HERTFORD TOWN CHURCH
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £258,348, with unrestricted reserves of £258,348 significantly exceeding the trustees' stated policy target of three months' expenditure. The charity reported a net income of £20,971, funded primarily by donations and support from a related church, while maintaining a surplus position without material financial risks.
What the accounts disclose
“The Trustees policy is to maintain a reserve of at least three months' expenditure.” — page 5
“Donations, excluding gift aid, given by the trustees amounted to £17,800 (2023: £15,600).” — page 15
Register events
- Received assets from another charity (02/02/2021)
Trustees
- REV DR GREGORY JOHN STRAINchair
- Joshua David Wynn
- William John Purvis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £106k | £85k |
| 31/12/2023 | £88k | £76k |
| 31/12/2022 | £37k | £26k |
| 31/12/2021 | £9k | £4k |
Common questions
Is HERTFORD TOWN CHURCH financially healthy?
The accounts state that total funds increased to £258,348, with unrestricted reserves of £258,348 significantly exceeding the trustees' stated policy target of three months' expenditure. The charity reported a net income of £20,971, funded primarily by donations and support from a related church, while maintaining a surplus position without material financial risks. Its FY2024 accounts were independently examined.