CHURCH ON THE WAY
The purpose of the church is to advance the Christian faith. This is done through weekly Sunday services with a strong emphasis on Christian worship and the teaching of the bible, with meetings at the same time for children and young people.During the week we also run bible studies, prayer meetings, children's groups and mum and toddler gatherings.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £973,874 against a policy target of six months' operating costs. The charity reported a net income surplus of £63,119 for the year, with total incoming resources of £190,787 and outgoing resources of £127,668.
What the accounts disclose
“The Charity's reserve policy is to hold sufficient funds in reserve to enable the charity to operate for a period of six months if no other funds were available” — page 3
Trustees
- Nigel John Tophamchair
- Clifford King
- David Barlow
- David Michael Chadwick
- Frank James Barnes
- Jake Alistair Hutton
- Jonathan Townend
- Michael Brook
- Thomas Tyson Cooper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £191k | £128k |
| 31/12/2023 | £136k | £125k |
| 31/12/2022 | £162k | £143k |
Common questions
Is CHURCH ON THE WAY financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £973,874 against a policy target of six months' operating costs. The charity reported a net income surplus of £63,119 for the year, with total incoming resources of £190,787 and outgoing resources of £127,668. Its FY2024 accounts were independently examined.