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CAERSALEM EVANGELICAL CHURCH GORSEINON

Registered charity 1203090 · accounts filings on the Charity Commission register

Latest income
£201k
Latest spending
£123k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £743,921 for the period, driven by incoming resources of £807,957 against total expenditures of £64,036. Free unrestricted reserves stood at £172,531, which exceeds the trustees' stated policy target of £16,009 (a quarter of annual operating expenditure). The charity holds significant tangible fixed assets valued at £550,000 and maintains positive net current assets.

What the accounts disclose

Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
“No employees received emoluments in excess of £60,000.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: a quarter of a years operating expenditure (held: £173k)
“The trustees consider that a sum equivalent to a quarter of a years operating expenditure is a sufficient sum of money to have readily available in reserve. Based on this financial year they charity's minimum requirement for reserves would have been £16,009.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2024)

Total income
£808k
Total spending
£64k
Reserves (reported)
£193k
Employees
2

Reported reserves equal ~36.1 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: City Of Swansea

Income and spending

Financial year endIncomeSpending
31/03/2025£201k£123k
31/03/2024£808k£64k

Common questions

Is CAERSALEM EVANGELICAL CHURCH GORSEINON financially healthy?

The accounts state that the charity reported a net surplus of £743,921 for the period, driven by incoming resources of £807,957 against total expenditures of £64,036. Free unrestricted reserves stood at £172,531, which exceeds the trustees' stated policy target of £16,009 (a quarter of annual operating expenditure). The charity holds significant tangible fixed assets valued at £550,000 and maintains positive net current assets. Its FY2024 accounts were independently examined.

What does the highest-paid employee of CAERSALEM EVANGELICAL CHURCH GORSEINON earn?

Per its FY2024 accounts, the highest-paid employee was in the Under £60,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE JD FOUNDATION1£561k
BEIS MENACHEM CHABAD LUBAVITCH1£102k
YESHIVAS LUBAVITCH MANCHESTER1£20k

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