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BENWELL AND SCOTSWOOD TEAM PARISH

Registered charity 1205934 · accounts filings on the Charity Commission register

Christian worship and service to the local community

Causes: General Charitable Purposes · Religious Activities · website · Get email alerts

Latest income
£126k
Latest spending
£135k
Registered
2023
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity experienced a financially challenging year, with total income increasing slightly to just over £128,000 while expenses rose by £22,000, resulting in a weaker financial position. The trustees note that voluntary giving declined and significant costs were incurred for insurance, upkeep, utilities, and major repairs, leading to a reduction in overall funds.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £68k)
“The total funds at St James at the end of the year represent less than 2 months-worth of regular expenses.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The document discloses that the Diocese holds trust funds on behalf of the PCC and that clergy stipends are paid by the Church of England Commissioners, but no specific transactional amounts for these related party flows are detailed in the financial tables.
“Newcastle Diocesan Society hold two trust funds with market values of £117,595.12 and a deposit account totalling £17,363.86 on behalf of the PCC.” — page 41
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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: Newcastle Upon Tyne City

Income and spending

Financial year endIncomeSpending
31/12/2024£126k£135k

Common questions

Is BENWELL AND SCOTSWOOD TEAM PARISH financially healthy?

Per its FY2024 accounts: The accounts state that the charity experienced a financially challenging year, with total income increasing slightly to just over £128,000 while expenses rose by £22,000, resulting in a weaker financial position. The trustees note that voluntary giving declined and significant costs were incurred for insurance, upkeep, utilities, and major repairs, leading to a reduction in overall funds. Its FY2024 accounts were independently examined.