AQUILA FELLOWSHIP TRUST
We maintain a ministry of 'helps' for the entire Christian community and for the wider population by:1 The availability of literature through the Christian Bookshop in Launceston 2 The availability of help through prayer,ministry,outreach and counselling3 Discretionary grants for local people training or engaged in Christian work4 Encouraging people to find faith in our Lord Jesus Christ
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £598,397 from £511,945 in the prior year, supported by a £188,000 property sale and increased rental income. The trustees note ongoing challenges with retail footfall and parking charges but maintain that resources are adequate to finance future work through invested funds.
What the accounts disclose
Trustees
- DAVID MARK THOMASchair
- ALFRED PETER DANIEL
- Daniel James Andrew
- Faith Emma Andrew
- ROSLYN MAY DANIEL
- Steven Roger Parkyn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £94k |
| 31/12/2023 | £79k | £100k |
| 31/12/2022 | £69k | £71k |
| 31/12/2021 | £66k | £63k |
| 31/12/2020 | £50k | £63k |
Common questions
Is AQUILA FELLOWSHIP TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £598,397 from £511,945 in the prior year, supported by a £188,000 property sale and increased rental income. The trustees note ongoing challenges with retail footfall and parking charges but maintain that resources are adequate to finance future work through invested funds.