ALL SAINTS CHURCH CLIFTON ENDOWMENTS
Major restoration of vicarage and other investment property. Continued support of the church with large donations to heating system. Continue to build funds in order to fund major imminent refurbishment of "All Saints Church".
Financial health, per its FY2024 accounts
The accounts state that free reserves stood at £44,922, which the Trustees consider sufficient to meet anticipated grant giving and property acquisitions. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total net assets of £6,984,990 supported by significant fixed assets and investments.
What the accounts disclose
“Investment income from UK investment properties 59,340”
“The policy is to distribute all surplus income each year with reserves retained at current levels to maintain annual income levels, unless funds are needed to be retained for future major expenditure.” — page 5
“A Morgan, Clerk to the Trustees, has declared his interest in transactions with the Charity. He rents a flat from the Charity and has paid rent of £14,400 at market value (2023: £13,200) and received fees of £6,000 (2023: £6,000) for his services as Clerk to the Trustees.” — page 20
“The Endowment Trust has also directly met net expenses relating to the Vicarage of £40,387 (2023: £16,351).” — page 20
“A Morgan, Clerk to the Trustees, has declared his interest in transactions with the Charity. He rents a flat from the Charity and has paid rent of £14,400 at market value (2023: £13,200) and received fees of £6,000 (2023: £6,000) for his services as Clerk to the Trustees.” — page 20
“The Endowment Trust has also directly met net expenses relating to the Vicarage of £40,387 (2023: £16,351).” — page 20
Trustees
- ROGER HOPKINSchair
- ANNE VERONICA BRADLEY
- Benjamin Thomas Thorp
- LINDA MARGARET TRUDE
- MARTIN JOHN COLLINGWOOD ROBINSON
- Victoria Gordon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £135k | £102k |
| 31/12/2023 | £132k | £102k |
| 31/12/2022 | £210k | £198k |
| 31/12/2021 | £119k | £169k |
| 31/12/2020 | £120k | £62k |
Common questions
Is ALL SAINTS CHURCH CLIFTON ENDOWMENTS financially healthy?
Per its FY2024 accounts: The accounts state that free reserves stood at £44,922, which the Trustees consider sufficient to meet anticipated grant giving and property acquisitions. The charity reports adequate resources to continue in operational existence for the foreseeable future, with total net assets of £6,984,990 supported by significant fixed assets and investments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOLA TRUST | 1 | £27k |
| CHURCH BURGESSES TRUST | 1 | £23k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS WITH ST JOHN CLIFTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS', SIDMOUTH.
- CLIFTON COLLEGE ENDOWMENT FUND
- ST MARY REDCLIFFE CHURCH LANDS
- CHRIST CHURCH AND ST. JOHN, CLAPHAM
- ALL SAINTS CHURCH LANDS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ALL SAINTS CHURCH CLIFTON ENDOWMENTS | £135k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS WITH ST JOHN CLIFTON | £193k | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS', SIDMOUTH. | £435k | — | 0 | below | — | no doubt |
| CLIFTON COLLEGE ENDOWMENT FUND | £170k | — | 0 | above | — | no doubt |
| ST MARY REDCLIFFE CHURCH LANDS | £984k | — | 0 | within | — | no doubt |
| CHRIST CHURCH AND ST. JOHN, CLAPHAM | £109k | — | 0 | above | — | no doubt |