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THE WELL CHURCH, NORTH SWINDON

Registered charity 1204595 · accounts filings on the Charity Commission register

Causes: Religious Activities · website · Get email alerts

Latest income
£262k
Latest spending
£128k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state a surplus for the year of £134k, with total income of £262k against expenditure of £134k. Free reserves stood at £99k, significantly exceeding the stated policy target of £25k. The trustees confirmed the charity is a going concern with adequate resources.

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

What the accounts disclose

Highest-paid employee band: Under £60,000 — in the top quarter for charities its size (median £60k)
“No member of staff received renumeration of above £60,000” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £25k (held: £99k)
“It is the aim of The Well to have a balance on free reserves (unrestricted reserves excluding fixed assets) of £25k.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustees gave £18,327 to the church.
“In the period ended 31st December 2024 £18,327 was given by the trustees to the church.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 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: Swindon

Income and spending

Financial year endIncomeSpending
31/12/2024£262k£128k

Common questions

Is THE WELL CHURCH, NORTH SWINDON financially healthy?

Per its FY2024 accounts: The accounts state a surplus for the year of £134k, with total income of £262k against expenditure of £134k. Free reserves stood at £99k, significantly exceeding the stated policy target of £25k. The trustees confirmed the charity is a going concern with adequate resources. Its FY2024 accounts were independently examined.

What does the highest-paid employee of THE WELL CHURCH, NORTH SWINDON earn?

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