THE SOCIETY OF THE FAITH (INCORPORATED)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £38,023 for the year ended 31 March 2025, primarily driven by a significant unrealised investment loss of £84,471. Despite this, total charity funds remain substantial at £2,114,755, with unrestricted reserves of £1,886,814, which the trustees consider prudent against their stated policy target of around £125,000. The trustees confirm the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties.
What the accounts disclose
“the trustees consider that around £125,000 should be kept easily accessible on deposit with the CBF for the time being” — page 10
“Travelling expenses amounting to £2,202 (2024 : £2,752) were reimbursed to 8 (2024: 9) Trustees.” — page 26
Trustees
- Dr Andrew Stephen Hobleychair
- Dr ANDREW CHANDLER
- Dr William Mungo Jacob
- Martin Charles Woods
- PETER GERALD GASTON
- Rev David Lawrence Lawrence-March
- Rev Peter John Galloway
- The Revd Dr Charles John Mackinnon Baczyk-Bell
- Timothy Patrick Abraham
- Ven Geoffrey James William Dumbreck
- WILLIAM EDWARD CHAPMAN CVO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £198k | £152k |
| 31/03/2024 | £218k | £156k |
| 31/03/2023 | £210k | £170k |
| 31/03/2022 | £157k | £106k |
| 31/03/2021 | £163k | £87k |
Common questions
Is THE SOCIETY OF THE FAITH (INCORPORATED) financially healthy?
The accounts state that the charity reported a net deficit of £38,023 for the year ended 31 March 2025, primarily driven by a significant unrealised investment loss of £84,471. Despite this, total charity funds remain substantial at £2,114,755, with unrestricted reserves of £1,886,814, which the trustees consider prudent against their stated policy target of around £125,000. The trustees confirm the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BANBURY CHARITIES | 1 | £9k |
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