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THE FUND FOR THE ENDOWMENT OF THE LIVING OF ST STEPHEN'S SOUTH KENSINGTON

Registered charity 241052 · accounts filings on the Charity Commission register · also known as ST STEPHEN'S CHURCH ENDOWMENT FUND, ST STEPHEN'S ENDOWMENT FUND

Supports the incumbent of the Parish of St Stephen, South Kensington, in the Diocese of London and his work

Causes: Religious Activities · Get email alerts

Latest income
£38k
Latest spending
£40k
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £11,226 against a policy target of 12 months' grant expenditure (£36,000), indicating reserves are below the stated policy. The trustees expect investment income to cover future grants without recourse to reserves, suggesting current liquidity is sufficient for near-term obligations.

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: £11k; policy: 12 months' grant expenditure)
“It is the Trustees’ policy to achieve in the medium to long term unrestricted reserves at least equal to 12 months' grant expenditure. Grant expenditure in the year to 31 December 2024 was £36,000, with unrestricted reserves of £11,226”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kensington And Chelsea

Income and spending

Financial year endIncomeSpending
31/12/2024£38k£40k
31/12/2023£45k£48k
31/12/2022£36k£54k
31/12/2021£35k£50k
31/12/2020£35k£51k

Common questions

Is THE FUND FOR THE ENDOWMENT OF THE LIVING OF ST STEPHEN'S SOUTH KENSINGTON financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £11,226 against a policy target of 12 months' grant expenditure (£36,000), indicating reserves are below the stated policy. The trustees expect investment income to cover future grants without recourse to reserves, suggesting current liquidity is sufficient for near-term obligations. Its FY2024 accounts were independently examined.