REEPHAM CHURCH CHARITIES
Management of charities assets to provide an income which provides grants for the repair of St Mary's Church Reepham and relief for the disadvantaged of Reepham.
Financial health, per its FY2024 accounts
The accounts state that total assets for the group charity stood at £82,209.29 at year-end, comprising cash funds of £26,771.44 and capital assets valued at £55,437.85. The group reported a net incoming resource of £22,802.67, driven largely by a £23,299 transfer from the closed Thomas Bulwer Charity. Reserves are currently held significantly above the stated policy target of £1,000.
What the accounts disclose
“The Trustees’ financial reserves policy is that funds should not normally fall below £1,000.” — page 1
“Following advice from the Diocesan Registrar, it was agreed that the Thomas Bulwer Charity should close and its residual assets should be transferred to Town Lands and Neale’s Charity. These funds totalled £23,299 and were received in December 2024.” — page 1
Register events
- Received assets from another charity (04/03/2025)
Trustees
- Rev Nigel Paul Kinsella
- Rosamond Mary Alyson Foottit
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £5k | £5k |
| 31/12/2024 | £25k | £2k |
| 31/12/2023 | £3k | £9k |
| 31/12/2022 | £3k | £5k |
| 31/12/2021 | £3k | £3k |
Common questions
Is REEPHAM CHURCH CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that total assets for the group charity stood at £82,209.29 at year-end, comprising cash funds of £26,771.44 and capital assets valued at £55,437.85. The group reported a net incoming resource of £22,802.67, driven largely by a £23,299 transfer from the closed Thomas Bulwer Charity. Reserves are currently held significantly above the stated policy target of £1,000.