WATLING VALLEY ECUMENICAL PARTNERSHIP
We are a church that is serving the people resident in the Anglican parish area of the Watling Valley.
Financial health, per its FY2024 accounts
The accounts state that the partnership incurred a net loss of £11,278.97 for the year, resulting in unrestricted reserves of £112,286.17. This actual reserve level is below the trustees' stated policy target of approximately £134,000, which equates to six months of unrestricted payments. The trustees note that only essential expenditure was agreed in 2024 and that effort was made to raise funds through events and individual giving.
What the accounts disclose
“It is good practice to maintain a balance on unrestricted funds (if possible), which equates to approximately six months unrestricted payments, about £134,000 to cover emergency situations that may arise from time to time.” — page 7
Register events
- Received assets from another charity (05/09/2024)
Trustees
- Lynne Denise Smithchair
- ADEDAYO LANRE ADEBIYI
- DAVID THOM
- Gayle Shotton
- John Walter Rowcroft-James
- Norah Anne Jones
- Regina Osborne
- Rev Katherine Claire Long
- Rev Michael James Morris
- Rosemary Helen Parry Rowcroft James
- Terrance Dawes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £304k | £291k |
| 31/12/2023 | £0 | £0 |
| 31/12/2022 | £0 | £0 |
Common questions
Is WATLING VALLEY ECUMENICAL PARTNERSHIP financially healthy?
Per its FY2024 accounts: The accounts state that the partnership incurred a net loss of £11,278.97 for the year, resulting in unrestricted reserves of £112,286.17. This actual reserve level is below the trustees' stated policy target of approximately £134,000, which equates to six months of unrestricted payments. The trustees note that only essential expenditure was agreed in 2024 and that effort was made to raise funds through events and individual giving. Its FY2024 accounts were independently examined.