Lancaster Churches Housing Projects
FOR THE PUBLIC BENEFIT, THE RELIEF OF THOSE IN NEED BECAUSE OF FINANCIAL HARDSHIP OR OTHER DISADVANTAGE INCLUDING, BUT NOT EXCLUSIVELY, REFUGEES, VULNERABLE PEOPLE AND OTHERS AT RISK OF BECOMING HOMELESS IN LANCASTER AND THE SURROUNDING AREA, IN PARTICULAR BUT NOT LIMITED TO PROVIDING ACCOMMODATION AND OTHER SUPPORT AND ASSISTANCE.
Financial health, per its FY2024 accounts
The accounts state that the charity held total funds of £60,226 at the end of the year, with a reserves policy to retain £5,000 for emergency expenditure. The trustees report that the charity has adequate resources to continue operational existence for the foreseeable future, despite having limited liquid funds in the bank.
What the accounts disclose
“Total income during 2024 of some £55,000 relates largely to substantial further donations from members and associates of St Thomas, Lancaster.” — page 9
“As an interim arrangement, the Trustees have agreed to retain £5000 as a reserves fund to allow for emergency expenditure if required whilst the refurbishment project is underway.” — page 9
“Capital funding for our activities has mainly been sourced through loans and gifts from the members of St Thomas Church Lancaster, and associated parties.” — page 6
“For the period of this report, audit and accounting services have been provided by CWR Chartered Accountants Ltd Mannin Way, Lancaster Business Park, Caton Road, Lancaster. LA1 3SW” — page 6
“Capital funding for our activities has mainly been sourced through loans and gifts from the members of St Thomas Church Lancaster, and associated parties.” — page 6
“For the period of this report, audit and accounting services have been provided by CWR Chartered Accountants Ltd Mannin Way, Lancaster Business Park, Caton Road, Lancaster. LA1 3SW” — page 6
“Capital funding for our activities has mainly been sourced through loans and gifts from the members of St Thomas Church Lancaster, and associated parties.” — page 6
“For the period of this report, audit and accounting services have been provided by CWR Chartered Accountants Ltd Mannin Way, Lancaster Business Park, Caton Road, Lancaster. LA1 3SW” — page 6
Trustees
- CHRISTOPHER JOHN GIBBONS
- ROBYN VIRGINIA REMKE
- Robert Holdbrook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £9k |
| 31/12/2023 | £26k | £12k |
Common questions
Is Lancaster Churches Housing Projects financially healthy?
Per its FY2024 accounts: The accounts state that the charity held total funds of £60,226 at the end of the year, with a reserves policy to retain £5,000 for emergency expenditure. The trustees report that the charity has adequate resources to continue operational existence for the foreseeable future, despite having limited liquid funds in the bank. Its FY2024 accounts were independently examined.