ECCLESIASTICAL PURPOSES IN CONNEXION WITH THE CHURCH OF ENGLAND
Ecclesiastical purposes in connection with the Church of England
Objects
TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE ECCLESIASTICAL PARISH OF ST. SWITHIN, WALCOT.
Financial health, per its FY2025 accounts
The accounts state that the trust's net assets decreased by £4,881 during the year due to maintenance expenditures exceeding income, though the trustees note this was budgeted and asset levels are not expected to fall further in 2026. The trust holds unrestricted reserves of £33,591 in cash and investments, supported by a fixed asset property valued at £863,885. No material uncertainties or going concern issues were identified by the independent examiner.
What the accounts disclose
“Rental - Top Flat 19707” — page 3
“The trust pays a monthly grant of £1300 to Walcot PCC, amounting to £15600 in total for the year.” — page 2
Policies the charity declares
- Internal charity financial controls policy and procedures
Trustees
- Mike Banner
- Sandy Gooding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £32k | £37k |
| 31/12/2024 | £30k | £24k |
| 31/12/2023 | £24k | £18k |
| 31/12/2022 | £23k | £16k |
| 31/12/2021 | £20k | £16k |
Common questions
Is ECCLESIASTICAL PURPOSES IN CONNEXION WITH THE CHURCH OF ENGLAND financially healthy?
Per its FY2025 accounts: The accounts state that the trust's net assets decreased by £4,881 during the year due to maintenance expenditures exceeding income, though the trustees note this was budgeted and asset levels are not expected to fall further in 2026. The trust holds unrestricted reserves of £33,591 in cash and investments, supported by a fixed asset property valued at £863,885. No material uncertainties or going concern issues were identified by the independent examiner. Its FY2025 accounts were independently examined.