ST. MARY'S WITH ST. GEORGE'S GERMAN LUTHERAN CHURCH
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £6,964,330, driven by significant net gains on investments of £130,040. The charity maintains substantial unrestricted reserves of £3,656,002, which are primarily held in COIF funds to provide a steady income stream for day-to-day operations. The trustees note that the charity is reliant on this investment income and that values may fluctuate, but resources are considered adequate for continuing operations.
What the accounts disclose
“Income reserves are maintained at levels which are considered to be necessary to cover future expenditure in the furtherance of the charity's objects.”
Structured financials (annual return, FY ending 31/12/2020)
Trustees
- Rev Silke Halfmannchair
- Dr GUDRUN STENBECK
- Dr Matthias Klammer
- Frauke Constable
- Martin Liebscher
- Max Noak
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £147k | £95k |
| 31/12/2023 | £134k | £93k |
| 31/12/2022 | £142k | £87k |
| 31/12/2021 | £95k | £88k |
| 31/12/2020 | £2.1m | £100k |
Common questions
Is ST. MARY'S WITH ST. GEORGE'S GERMAN LUTHERAN CHURCH financially healthy?
The accounts state that total funds increased to £6,964,330, driven by significant net gains on investments of £130,040. The charity maintains substantial unrestricted reserves of £3,656,002, which are primarily held in COIF funds to provide a steady income stream for day-to-day operations. The trustees note that the charity is reliant on this investment income and that values may fluctuate, but resources are considered adequate for continuing operations. Its FY2024 accounts were independently examined.
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