Charity Accounts Intelreading the accounts so you don’t have to

SUNDERLAND EVANGELICAL PRESBYTERIAN CHURCH

Registered charity 1200580 · accounts filings on the Charity Commission register

Church

Causes: General Charitable Purposes · Religious Activities · website · Get email alerts

Latest income
£130k
Latest spending
£78k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income for the year was £130,473 against expenditure of £78,194, resulting in a net surplus. Free/unrestricted reserves stood at £173,675, which is significantly above the stated policy target of £50,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Grants (63% of income)
“A grant of £82,689 was received during the year (2023 - £nil) from The Waymark Foundation (Michael F Royal Ttee) towards general operating support.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £50,000 (held: £174k)
“The Charity’s reserves policy is to keep back £50,000 which is sufficient funds for just over six months of our annual total operating costs.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to a related party (father of a trustee).
“During the period, Mr K Hilton, father of a Trustee, received remuneration from employment with the Charity, commensurate with the administration duties performed for the Church.” — page 21
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Sunderland

Income and spending

Financial year endIncomeSpending
31/12/2024£130k£78k
31/12/2023£223k£89k

Common questions

Is SUNDERLAND EVANGELICAL PRESBYTERIAN CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that total income for the year was £130,473 against expenditure of £78,194, resulting in a net surplus. Free/unrestricted reserves stood at £173,675, which is significantly above the stated policy target of £50,000. Its FY2024 accounts were independently examined.