CONGREGATIONAL FEDERATION
Financial health, per its FY2022 accounts
The accounts state that the charity reported an overall surplus of £860,762 for the year ended 31 December 2022, driven by significant one-off receipts from closed churches and loan write-offs which offset an operating deficit. The trustees maintain free reserves of £1,318,385, which they note represent 13.9 months of expenditure, sitting at the top of their stated policy target band of 8 to 12 months. The charity remains reliant on capital receipts to absorb regular operating deficits, though the trustees aim to reduce this reliance through investment income generation.
What the accounts disclose
“The Congregational Federation Limited acts as Custodian Trustee on behalf of the Congregational Federation and others. It is considered that The Congregational Federation Limited is a related party through a common Trustee board.” — page 39
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (30/11/2018)
- Received assets from another charity (12/02/2015)
Trustees
- Rev Vincent Charles Carringtonchair
- Elisabeth Sweeney-Smith
- IAN ROBERT BAIRSTOW
- Margaret McEwen Carbarns McGuinness
- Mark Taylor
- REV C L GILLHAM
- Rev Alister Grant Weighton
- Rev Caroline Stott
- Rev Christopher John Bamforth Damp
- Rev Eric Peter Fenwick
- Rev Foday Yusufu Kamara
- Rev Gerard Simonis
- Rev RUTH GREEN
- Rev Ruth Leeming
- Rev Sandra Joy Turner
- Robert Wilson Hunter
- Timothy John Bateman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £886k | £1.4m |
| 31/12/2023 | £1.2m | £1.3m |
| 31/12/2022 | £1.7m | £1.1m |
| 31/12/2021 | £1.2m | £1.1m |
| 31/12/2020 | £920k | £1.1m |
Common questions
Is CONGREGATIONAL FEDERATION financially healthy?
The accounts state that the charity reported an overall surplus of £860,762 for the year ended 31 December 2022, driven by significant one-off receipts from closed churches and loan write-offs which offset an operating deficit. The trustees maintain free reserves of £1,318,385, which they note represent 13.9 months of expenditure, sitting at the top of their stated policy target band of 8 to 12 months. The charity remains reliant on capital receipts to absorb regular operating deficits, though the trustees aim to reduce this reliance through investment income generation. Its FY2022 accounts were audited by UHY Hacker Young.
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