ST BASIL'S CHURCH, DEVON
We are a new Anglican church based on a farm in Devon seeking to follow the way of Jesus, together, for the renewal of the region.
Financial health, per its FY2024 accounts
The accounts state that total expenditure of £330,534 exceeded total income of £259,670, resulting in a net movement in funds of £(70,864). Per the trustees' report, unrestricted free reserves decreased from £249,953 to £191,270, falling within the stated policy range of 3-12 months of expected resources.
What the accounts disclose
“The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (‘the free reserves’) held by the charity should be in the range of 3-12 months of the resources expected.” — page 4
Trustees
- Callum John Campbellchair
- Gemma Hall
- Lois Tackie-Oblie
- Peter Stephenson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £260k | £331k |
| 31/12/2023 | £259k | £287k |
| 31/12/2022 | £340k | £244k |
| 31/12/2021 | £382k | £216k |
Common questions
Is ST BASIL'S CHURCH, DEVON financially healthy?
Per its FY2024 accounts: The accounts state that total expenditure of £330,534 exceeded total income of £259,670, resulting in a net movement in funds of £(70,864). Per the trustees' report, unrestricted free reserves decreased from £249,953 to £191,270, falling within the stated policy range of 3-12 months of expected resources.