CHRISTIAN LIFE CENTRE HORSHAM CIO
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £73,633 for the year ended 31 December 2024, with total unrestricted income of £292,454. Free unrestricted reserves stood at £359,399, which the trustees note is comfortably in excess of their stated policy target of £109,310. The charity maintains adequate resources for the foreseeable future with no material uncertainties disclosed.
What the accounts disclose
“The trustees consider that they should hold reserves, excluding the property fund, of at least six months’ running costs as a buffer in the event of the income being reduced due to unforeseen circumstances.” — page 7
“During the year, Steve Fishpool received remuneration of £58,339 (2023: £57,001) for his services as a minister. During the year, Daniel Rancic received remuneration of £31,542 (2023: £20,439) for his services as a minister.” — page 20
“During the year the charity received unrestricted donations of £26,475 (2023: £27,161) from trustees.” — page 26
Register events
- Received assets from another charity (21/03/2022)
Trustees
- Andrew James Stevenschair
- Claire Annabel Green
- Daniel Paul Rancic
- Lyle Daniel James
- Peter Philip Verschueren
- Stephen John Fishpool
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £292k | £219k |
| 31/12/2023 | £220k | £205k |
| 31/12/2022 | £200k | £188k |
| 31/12/2021 | £169k | £129k |
Common questions
Is CHRISTIAN LIFE CENTRE HORSHAM CIO financially healthy?
The accounts state that the charity reported a surplus of £73,633 for the year ended 31 December 2024, with total unrestricted income of £292,454. Free unrestricted reserves stood at £359,399, which the trustees note is comfortably in excess of their stated policy target of £109,310. The charity maintains adequate resources for the foreseeable future with no material uncertainties disclosed. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SACHS FOUNDATION | 1 | £383k |
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |
| EMMANUEL CHURCH OXFORD | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, HOLBROOK | 1 | £3k |