COMMUNITY OF CHRIST (ENFIELD)
The Community of Christ (Enfield) charity proclaims Jesus Christ and promotes communities of joy, hope, love and peace
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £21,321 for the year ended 31st December 2024, supported by significant income from hall lettings and land rent. Per the trustees' report, unrestricted reserves and cash funds are healthy, with the Operating Reserve Fund totaling £41,316 and total net cash assets of £129,848, providing sufficient resources for foreseeable operations and major repairs.
What the accounts disclose
“Total Income from activities 24,983.97”
“The Operating Reserve Fund totalling £41,316.13 at the end of 2024 is a healthy sum to have available if the congregation falls on hard times and needs to draw on these reserves. This fund was created with the specific purpose of allowing the congregation to continue its work in the local community if such circumstances arose.” — page 6
Trustees
- ANDREW MICHAEL FOX
- Claire Oliveri
- Colin Spray
- Martin Fox
- Penelope Fox
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £46k | £39k |
| 31/12/2023 | £39k | £40k |
| 31/12/2022 | £38k | £30k |
| 31/12/2021 | £31k | £36k |
| 31/12/2020 | £21k | £26k |
Common questions
Is COMMUNITY OF CHRIST (ENFIELD) financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £21,321 for the year ended 31st December 2024, supported by significant income from hall lettings and land rent. Per the trustees' report, unrestricted reserves and cash funds are healthy, with the Operating Reserve Fund totaling £41,316 and total net cash assets of £129,848, providing sufficient resources for foreseeable operations and major repairs. Its FY2024 accounts were independently examined.