ALL SAINTS CHURCH CLIFTON ENDOWMENTS
Latest income
£135k
Latest spending
£102k
Registered
1968
Accounts read
FY2024
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
Reserves policy: reserves retained at current levels to maintain annual income levels, unless funds are needed to be retained for future major expenditure (held: £45k)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: A Morgan, Clerk to the Trustees, rents a flat from the Charity and has paid rent of £14,400 at market value and received fees of £6,000 for his services as Clerk to the Trustees.
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Endowment Trust directly met net expenses relating to the Vicarage of £40,387.
“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
Per its FY2024 accounts as filed with the Charity Commission.
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?
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 TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| THE SOLA TRUST | 1 | £27k |
| CHURCH BURGESSES TRUST | 1 | £15k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |
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
- CHICHESTER CATHEDRAL MILLENNIUM ENDOWMENT TRUST