WYCLIFFE INDEPENDENT CHURCH
Wycliffe Independent Church is an enthusiastic collection of Christians from the Sheffield area. We are committed to the historic Christian faith and our beliefs can be found firstly in the Bible and secondly in the Savoy Declaration of Faith and Order as applied by the church, which is summarised in the EFCC Basis of Faith.
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds closed at £140,848, which is significantly above the trustees' stated policy target of approximately £45,000 (equivalent to three months' regular spending). The charity reported a net decrease in funds for the eight-month period under review, primarily due to high employee costs, but maintains a strong cash position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The stipends received during the eight month period were as follows: Pastor £29,123 Associate Pastor/Co-Pastor £25,538” — page 13
“The church's principal income comes from gifts from members and those attending the church. Leaving aside special gifts, grants and legacies, these gifts accounted for around 84% of income during the eight months of 2023.” — page 8
“They consider that a balance of unrestricted funds equivalent to around three months' regular spending remains appropriate, and for 2024 this would equate to around £45,000.”
Property (HM Land Registry)
Register events
- Received assets from another charity (17/01/2024)
Trustees
- Stefan Paul Cantorechair
- Andrew John Thomson
- BENJAMIN CHINEDU UDEJIOFO
- David James Nash
- James Peter Leverton
- Pastor Edward James Philip COLLIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £213k | £218k |
| 31/12/2023 | £108k | £115k |
Common questions
Is WYCLIFFE INDEPENDENT CHURCH financially healthy?
Per its FY2023 accounts: The accounts state that unrestricted funds closed at £140,848, which is significantly above the trustees' stated policy target of approximately £45,000 (equivalent to three months' regular spending). The charity reported a net decrease in funds for the eight-month period under review, primarily due to high employee costs, but maintains a strong cash position with no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were independently examined.
What does the highest-paid employee of WYCLIFFE INDEPENDENT CHURCH earn?
Per its FY2023 accounts, the highest-paid employee was in the Under £20,000 band.