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
Objects
TO ASSIST AND MAINTAIN UNDENOMINATIONAL EVANGELICAL WITNESS AND WORK IN THE COUNTIES OF DEVON AND CORNWALL WITH PARTICULAR APPLICATION TO THE AREA BORDERING UPON THE RIVER TAMAR. (FOR FULL DETAILS SEE THIRD SCHEDULE TO TRUST DEED).
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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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.