CHURCH STREET PROPERTY
The Trust manages a terrace of five houses in the centre of the town of Alcester and uses the profit from the income received in rents to make donations and grants which will provide maximum benefit for the people of Alcester
Financial health, per its FY2025 accounts
The charity generated £44,860.00 in rental income and £727.44 in bank interest, while incurring £27,908.06 in property expenditure. After these costs, the charity distributed £38,754.33 in grants to local beneficiaries. The accounts do not explicitly state the total unrestricted reserves or a reserves policy target.
What the accounts disclose
“a rent increase was implemented in July 2024, giving an annual revenue from the five properties of £44,860.00. One property became vacant due to illness of the tenant and was re-let at an increased rent. £727.44 was earned in bank interest.”
“There is no formal Scheme of Management for the Charity. The Trustees operate in accordance with The Charity Commission suggestions in a letter dated 24th July 1979.” — page 3
Trustees
- CHRISTOPHER DENNIS GOUGH
- Dougie Gordon
- Mark David Cargill
- Mark Venables
- PROFESSOR CHRIS BRANNIGAN
- STEVE PAYNE
- Sharon Constable
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £47k | £68k |
| 31/12/2024 | £42k | £93k |
| 31/12/2023 | £42k | £44k |
| 31/12/2022 | £40k | £43k |
| 31/12/2021 | £42k | £62k |
Common questions
Is CHURCH STREET PROPERTY financially healthy?
Per its FY2025 accounts: The charity generated £44,860.00 in rental income and £727.44 in bank interest, while incurring £27,908.06 in property expenditure. After these costs, the charity distributed £38,754.33 in grants to local beneficiaries. The accounts do not explicitly state the total unrestricted reserves or a reserves policy target. Its FY2025 accounts were independently examined.