THE CONGREGATIONAL MEMORIAL HALL TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £11,263,935, significantly exceeding the stated policy target of three months' worth of total annual resources expended. The charity is wholly dependent on investment income, which generated £325,932 in the year, covering charitable expenditure of £226,742 and resulting in a net movement in funds of £391,788.
What the accounts disclose
“Council has established a policy whereby such of its funds as are not committed or invested in tangible or other fixed asset investments held by the Trust should be equivalent to not less than three months' worth of total annual resources expended.”
Trustees
- Dr DIGBY JAMES
- JOHN GEORGE ELLIS
- MARGARET THOMPSON
- Philip Bonnier
- Rev Barbara Jean Bridges
- Rev CHRISTOPHER DAMP
- Rev Gwynne Evans
- SUSAN AUSTIN
- Thomas Brand
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £327k | £227k |
| 31/12/2023 | £318k | £294k |
| 31/12/2022 | £313k | £277k |
| 31/12/2021 | £302k | £311k |
| 31/12/2020 | £291k | £302k |
Common questions
Is THE CONGREGATIONAL MEMORIAL HALL TRUST financially healthy?
The accounts state that unrestricted reserves stood at £11,263,935, significantly exceeding the stated policy target of three months' worth of total annual resources expended. The charity is wholly dependent on investment income, which generated £325,932 in the year, covering charitable expenditure of £226,742 and resulting in a net movement in funds of £391,788. Its FY2024 accounts were audited by Griffin Stone Moscrop & Co.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |
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