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GRACE COMMUNITY CHURCH MORVAL

Registered charity 1197183 · accounts filings on the Charity Commission register

Latest income
£201k
Latest spending
£198k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted bank balances stood at £46,262 at year-end, exceeding the trustees' stated minimum policy target of £25,000. The charity reported a positive cash balance and consistent unrestricted income of £132,518, indicating adequate resources to meet its liabilities and ongoing operations.

What the accounts disclose

Reserves policy: minimum of £25,000 (held: £46k)
“Our reserves policy is however to seek to retain a minimum of £25,000 to ensure we comply with Charity law advice and guidance.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
31/12/2024£201k£198k
31/12/2023£152k£148k
31/12/2022£122k£23k

Common questions

Is GRACE COMMUNITY CHURCH MORVAL financially healthy?

The accounts state that unrestricted bank balances stood at £46,262 at year-end, exceeding the trustees' stated minimum policy target of £25,000. The charity reported a positive cash balance and consistent unrestricted income of £132,518, indicating adequate resources to meet its liabilities and ongoing operations. Its FY2024 accounts were independently examined.

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