ST BARNABAS GRANGE PARK, LOUGHBOROUGH
The Objects of the Church, for the public benefit, are:1. The advancement of the Christian faith in accordance with the mission, values and tenets of faith of the Church of England; and the prevention and relief of poverty primarily in, but not limited to, the Parish by, but not limit- ed to, providing grants, items and services to:1. individuals in need; and2. to charity
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net increase in funds of £5,886 for the year ended 31 December 2024, driven by voluntary income and SDF grant contributions. The trustees note that while the general fund surplus was £1,176, the charity faces risks regarding income volatility and a lack of significant reserves, with clergy costs currently covered by external grants that are set to end in 2026. To address these sustainability challenges, the trustees have established a working group to report in 2025 on future resourcing and ministry costs.
What the accounts disclose
“Regular Donations 46,144”
“The general fund balance of £8,287 carried forward from this year will be held as reserves to ensure adequate cash flow and cover any deficit in the next financial year.” — page 6
“The trustees have set up a sustainability working group that will report in 2025. This group will consider mission, ministry, planting and resourcing for STB and the context of our relationships as Resourcing Church Partner with Emmanuel and The Good Shepherd and as a member of the emerging Minster Community “Area 2C”.” — page 6
“Whilst seeking to grow and deepen the ministry and mission of STB, we continue to work in partnership with Emmanuel Church Loughborough and the Good Shepherd Church Loughborough to explore the next church plant.” — page 3
Trustees
- Rev Benjamin James Gardnerchair
- Anissa Chung
- Chinaka Obojiofor
- Chris Martin
- Dr Timothy John Whitehead
- Lisa Collins
- Paul Oxbrough
- Phil Densham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £65k | £61k |
| 31/12/2023 | £69k | £53k |
| 31/12/2022 | £76k | £75k |
Common questions
Is ST BARNABAS GRANGE PARK, LOUGHBOROUGH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net increase in funds of £5,886 for the year ended 31 December 2024, driven by voluntary income and SDF grant contributions. The trustees note that while the general fund surplus was £1,176, the charity faces risks regarding income volatility and a lack of significant reserves, with clergy costs currently covered by external grants that are set to end in 2026. To address these sustainability challenges, the trustees have established a working group to report in 2025 on future resourcing and ministry costs. Its FY2024 accounts were independently examined.