SOUTH OXHEY CHRISTIAN FELLOWSHIP
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus on unrestricted funds of £20k for the year ended 30 September 2025, with total income of £256k against expenditure of £237k. The trustees report that free reserves of £123k are adequate to cover over a year’s annual expenditure, significantly exceeding the stated policy target of £21k. However, the charity carries an outstanding loan of £117k from the Diocese with no agreed repayment timetable, and notes that rising energy bills and boiler issues may negatively impact finances in 2025.
What the accounts disclose
“The policy is to hold free reserves of at least 3 months of unrestricted expenditure which would indicate a minimum level of £21k.”
Trustees
- Gerald Poormanchair
- Clovis Bryan
- Ivan Sousa Da Conceicao
- Joan Poorman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £257k | £237k |
Common questions
Is SOUTH OXHEY CHRISTIAN FELLOWSHIP financially healthy?
The accounts state that the charity reported a surplus on unrestricted funds of £20k for the year ended 30 September 2025, with total income of £256k against expenditure of £237k. The trustees report that free reserves of £123k are adequate to cover over a year’s annual expenditure, significantly exceeding the stated policy target of £21k. However, the charity carries an outstanding loan of £117k from the Diocese with no agreed repayment timetable, and notes that rising energy bills and boiler issues may negatively impact finances in 2025. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LIFE CHURCH (CENTRAL ENGLAND) | 1 | £42k |
| CITY CHURCH ( CAMBRIDGE ) | 1 | £37k |
| KINGSGATE CHURCH TRUST | 1 | £30k |
| AYLSHAM COMMUNITY CHURCH | 1 | £24k |
| ERSKINE MUTON TRUST FUND | 1 | £10k |
| HOPE CHURCH HARROGATE | 1 | £375 |
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