GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST)
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £4.48m for the year, driven by a policy of operating deficits after many years of surpluses, although total funds remained healthy at £115.6m. The charity holds free reserves of £1.5m, which the trustees note is below their stated policy target of three months of forecast operating costs.
What the accounts disclose
“As at 31 December 2024 the Charity held free reserves of £1.5m (2023: £1.4m), equivalent to approximately 1.8 months of expected operating costs, (2023: 2.2 months). The trustees are monitoring the reserves position with a view to returning this to 3 months of operating costs in the future.”
“During the year six Trustees made donations totalling £655 (2023: none) to the Charity.” — page 19
Leadership, per the charity’s website
- The Reverend Ben Cahill-Nicholls — Chief Executive
- Richard Farmbrough — Senior Treasurer (Chair)
Funders the charity credits
- The Mind and Soul Foundation
- National Ministry Team of the Church of England
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- RICHARD DAVID FARMBROUGHchair
- Anna McDonald
- Canon Simon Butler
- JEREMY ARTHUR HARGREAVES
- MARTIN LUKE COOPER
- Patience Mary Thody
- Peter John Curtis Warren
- STEPHEN SLACK CBE
- THE REVD NANCY ELISABETH GOODRICH
- THE VEN ANTONY CHARLES MACROW-WOOD
- TSANAGURAI CONSTANCE CHINHENGO
- The Most Revd Patricia Louise Storey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.5m | £9.0m |
| 31/12/2023 | £4.6m | £8.5m |
| 31/12/2022 | £4.7m | £6.9m |
| 31/12/2021 | £4.3m | £4.6m |
| 31/12/2020 | £3.7m | £3.7m |
Common questions
Is GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST) financially healthy?
The accounts state that the charity reported a net deficit of £4.48m for the year, driven by a policy of operating deficits after many years of surpluses, although total funds remained healthy at £115.6m. The charity holds free reserves of £1.5m, which the trustees note is below their stated policy target of three months of forecast operating costs. Its FY2024 accounts were audited by Buzzacott Audit LLP.
Who funds GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST)?
Funders whose own accounts filings name GOVERNORS OF THE CHARITY FOR RELIEF OF THE POOR WIDOWS AND CHILDREN OF CLERGYMEN (COMMONLY CALLED CLERGY SUPPORT TRUST) as a grant recipient include CORDWAINERS CHARITABLE TRUST, THE TOBACCO PIPE MAKERS AND TOBACCO TRADE BENEVOLENT FUND, SIR JOHN PRIESTMAN CHARITY TRUST, CHARTERED ACCOUNTANTS' LIVERY CHARITY, THE SHIPWRIGHTS CHARITABLE FUND.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ARCHBISHOPS' COUNCIL | 1 | £6.5m |
| THE LAMBETH TRUST | 1 | £262k |
| THE TUFTON CHARITABLE TRUST | 1 | £39k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE | 1 | £7k |
Charities like this
- THE QUEEN VICTORIA CLERGY FUND
- THE COVENTRY DIOCESAN BOARD OF FINANCE LTD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, NAILSEA
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST GILES, NORTHAMPTON
- The Parochial Church Council of Guildford Emmanuel, St Francis and St Clare
- AVENUE ST ANDREW'S SOUTHAMPTON UNITED REFORMED CHURCH CHARITY