CHESHIRE EVANGELICAL TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £215,814, which remains considerably higher than the charity's policy target of six months' expenditure. The trustees note that planned expenditure over the next eighteen months is expected to reduce this level, but confirm there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to at least six months expenditure.”
Register events
- Received assets from another charity (27/05/2022)
Trustees
- Daniel Roger Bruce
- Richard John Bruce
- STEPHEN CHARLES GRAY
- Samuel John Bruce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £125k | £62k |
| 31/03/2024 | £56k | £62k |
| 31/03/2023 | £50k | £70k |
| 31/03/2022 | £287k | £43k |
Common questions
Is CHESHIRE EVANGELICAL TRUST financially healthy?
The accounts state that unrestricted reserves decreased to £215,814, which remains considerably higher than the charity's policy target of six months' expenditure. The trustees note that planned expenditure over the next eighteen months is expected to reduce this level, but confirm there are no material uncertainties regarding the charity's ability to continue. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIMON & ELIZABETH BATEY CHARITABLE TRUST | 1 | £22k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £20k |
| Boodles Charitable Trust | 1 | £10k |
| THE SWALLOW TRUST | 1 | £10k |