BISHOPSGATE CHURCH FOUNDATION
The charity controls and manages the income which the Church of St Botolph-without-Bishopsgate receives annually from The Bishopsgate Foundation.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,206,052, while the reserves policy aims to maintain sufficient levels to support church repairs and running costs. Although income from the Bishopsgate Foundation was suspended for much of the year, the charity retained enough liquid assets and reserves to continue operating without material uncertainty.
What the accounts disclose
“The Charity’s Reserves Policy is to continue to maintain a level of reserves that will enable the Charity to fulfill its objectives of supporting the church of St Botolph-without-Bishopsgate in meeting repairs, maintenance, and running costs.” — page 5
“The trading is as a company limited by shares, and this was incorporated as The Good Coffee Kiosk Ltd in November 2021.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £107k |
| 31/12/2023 | £31k | £70k |
| 31/12/2022 | £34k | £38k |
| 31/12/2021 | £33k | £54k |
| 31/12/2020 | £68k | £38k |
Common questions
Is BISHOPSGATE CHURCH FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,206,052, while the reserves policy aims to maintain sufficient levels to support church repairs and running costs. Although income from the Bishopsgate Foundation was suspended for much of the year, the charity retained enough liquid assets and reserves to continue operating without material uncertainty. Its FY2024 accounts were independently examined.