SPURGEON OAKLANDS CHARITABLE TRUST
The Spurgeon Oaklands Charitable Trust provides residential accommodation, financial assistance and support for needy Christian Ordained Ministers and lay workers and their families.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted general reserves of £190,818 and designated reserves of £1,610,572, with total net assets of £1,801,390. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence for the next 12 months. No grants were awarded in 2024, and no staff were employed during the year.
What the accounts disclose
“The general reserves, excluding designated reserves, amounting to £190,818 (2023: £170,010) are maintained at a level to enable the Trustees to upgrade flats as they become vacant so that all are maintained in a good state of repair.” — page 4
“Mr RD Higgs, a trustee, is an employee of the Charity’s solicitors (Field Seymour Parkes LLP). He is not involved directly in any of the work the solicitors perform for the ClO. This work is all on normal terms of business.” — page 13
Property (HM Land Registry)
Register events
- Received assets from another charity (28/11/2023)
Trustees
- Richard Duncan Higgschair
- Chang Bum Jo
- Esnat McFoster Tembo
- JOHN CARLTON FUNG
- Philip Nixon
- Rhona Lawrie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £66k | £51k |
| 31/12/2023 | £60k | £40k |
| 31/12/2022 | £61k | £35k |
Common questions
Is SPURGEON OAKLANDS CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted general reserves of £190,818 and designated reserves of £1,610,572, with total net assets of £1,801,390. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence for the next 12 months. No grants were awarded in 2024, and no staff were employed during the year. Its FY2024 accounts were independently examined.