SAINT JAMES'S UNITED REFORMED CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £56,356 for the year ended 31 December 2024, resulting in a decrease in net assets from £311,512 to £269,034. The trustees confirm that unrestricted reserves of £258,017 are sufficient to meet the charity's stated policy of holding working capital for six months of ordinary expenditure, and they consider the charity to be a going concern.
What the accounts disclose
“Other trading activities 8 95,906 - 95,906 88,811” — page 9
“The church has a general reserve policy of holding working capital at a level sufficient to cover 6 months ordinary expenditure, plus up to 12 months Ministry and Mission donations. This currently runs at £65,000.” — page 6
“Dr A Graydon Serving Elder Donation 600 600 - Revd. R Sirmons Minister Donation 660 660 - Revd. A Jackson Minister Donation 730 730 -” — page 15
Trustees
- Rev Ryan Paul Sirmonschair
- Anthony Peter Harbottle-Noppen
- Anurag Prasad Vemuri
- Dr Andrew Russell Graydon
- Irish McGhee Sirmons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £122k | £178k |
Common questions
Is SAINT JAMES'S UNITED REFORMED CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £56,356 for the year ended 31 December 2024, resulting in a decrease in net assets from £311,512 to £269,034. The trustees confirm that unrestricted reserves of £258,017 are sufficient to meet the charity's stated policy of holding working capital for six months of ordinary expenditure, and they consider the charity to be a going concern. Its FY2024 accounts were independently examined.