CENTRAL CHURCH BIDEFORD
Promotion of the Christian religion in North Devon and Torridge through weekly Sunday services, family groups, and regular Alpha courses.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £9,410 for the year, resulting in a decrease in total funds from £59,973 to £50,563. Per the trustees' report, free reserves of £47,977 represent approximately four months of expenditure, which is above the stated policy target of three months. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Central Church aims to hold the equivalent of three months expenditure as general reserves.” — page 4
“Two Trustees are paid for their role within the church, during the year they were paid £65,864 (2024: £72,286). They do not receive any remuneration in respect of their role as a Trustee of the charity. In addition, one Trustee received a monthly ministry gift totalling £6,000 (2024: £3,600)” — page 13
Trustees
- Susan Jayne Rimmerchair
- Andrew James Lynch
- Craig Alastair Barry Mackay
- David John Symons
- Jonathan Shearer Poyner
- Paul Anthony Mitchell
- Victoria Louise Price
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £122k | £131k |
| 31/03/2024 | £203k | £143k |
Common questions
Is CENTRAL CHURCH BIDEFORD financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £9,410 for the year, resulting in a decrease in total funds from £59,973 to £50,563. Per the trustees' report, free reserves of £47,977 represent approximately four months of expenditure, which is above the stated policy target of three months. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.