Charity Accounts Intelreading the accounts so you don’t have to

THE FRIENDS OF CREDITON CHURCH

Registered charity 268236 · accounts filings on the Charity Commission register

Support in maintaining the fabric etc of Holy Cross Church, Crediton and the precincts thereof and furtherance of specific work of the Church and its general wellbeing.

Causes: Religious Activities · Environment/conservation/heritage · Get email alerts

Latest income
£37k
Latest spending
£15k
Registered
1974
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £767,025, with unrestricted current and deposit funds standing at £16,399 after accounting for designated grants. The charity holds significant long-term capital investments valued at £730,864, which generated investment income exceeding £20,000 for the first time. The trustees report that the capital position is satisfactory for meeting future project needs.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment Income (56% of income)
“Investment Income. It was good to see that our gross investment income (ie investment income plus deposit interest) at £20,790.41 exceeded £20k for the first time. This is our main source of income, of course” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/12/2025£37k£15k
31/12/2024£103k£11k
31/12/2023£72k£13k
31/12/2022£69k£17k
31/12/2021£57k£9k

Common questions

Is THE FRIENDS OF CREDITON CHURCH financially healthy?

Per its FY2025 accounts: The accounts state that total funds increased to £767,025, with unrestricted current and deposit funds standing at £16,399 after accounting for designated grants. The charity holds significant long-term capital investments valued at £730,864, which generated investment income exceeding £20,000 for the first time. The trustees report that the capital position is satisfactory for meeting future project needs. Its FY2025 accounts were independently examined.