THE PARISH OF OXCLOSE, OXCLOSE CHURCH
Latest income
£136k
Latest spending
£130k
Registered
2023
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves totalled £32,896 at year-end, which the trustees note is just over three quarters of the way towards their target of three months' unrestricted payments (£20,962). The charity reported a net excess of receipts over payments of £6,134 for the year, indicating positive cash flow from operations.
What the accounts disclose
Reserves policy: at least three months unrestricted payments (held: £33k)
“Historically there has been no reserves policy in for Oxclose Church, however the PCC has committed to work towards establishing maintaining a balance on unrestricted funds which equates to at least three months unrestricted payments” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "below" (FY2023) to "above" (FY2024).
Trustees
- Gavin Rushtonchair
- COLIN FOZZARD
- DEBORAH FOZZARD
- GRACE SIDNEY
- Kevin McLernon
- Lorraine Patterson
- Shelia Walton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £136k | £130k |
| 31/12/2023 | £113k | £116k |
Common questions
Is THE PARISH OF OXCLOSE, OXCLOSE CHURCH financially healthy?
The accounts state that unrestricted reserves totalled £32,896 at year-end, which the trustees note is just over three quarters of the way towards their target of three months' unrestricted payments (£20,962). The charity reported a net excess of receipts over payments of £6,134 for the year, indicating positive cash flow from operations. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |
| REGIONS BEYOND UK | 1 | £6k |
| NORMAN WHITELEY TRUST | 1 | £2k |