FREE CHURCH OF ENGLAND CENTRAL TRUST
The activities of the Charity are to act as a Central Board of Trustees for the Free Church of England, to hold as loans funds deposited for investment and to lend money and make grants to further the objects and work of the Free Church of England.
Objects
THE OBJECTS FOR WHICH THE TRUST IS ESTABLISHED ARE TO BE THE CENTRAL BOARD OF TRUSTEES OF THE FREE CHURCH OF ENGLAND OTHERWISE CALLED THE REFORMED EPISCOPAL CHURCH (HEREINAFTER CALLED THE CHURCH) ENROLLED IN THE HIGH COURT OF CHANCERY THE 10TH DAY OF NOVEMBER, 1927 AND TO PROMOTE AID AND FURTHER THE OBJECTS AND WORK OF THE CHURCH.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a decrease in funds of £120,724 for the year ended 31 December 2024, resulting in total unrestricted reserves of £864,517. The trustees confirm that these reserves are maintained at a level equivalent to between three and six months of expenditure, in line with the charity's stated policy. The financial statements were prepared on a going concern basis, with the trustees expressing a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Incoming resources from charitable activities - contributions from churches - 81,754”
“It is the policy of the Company that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“During the year the Company paid £1,389 (2023 - £1,105) to Mrs Sharon Clements, the wife of a Trustee, for book-keeping services.” — page 24
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- COLIN CHRISTOPHER MILLS
- LESLEY ANN SECKER
- Natalie Emma Stenstrom
- RIGHT REVD PAUL NIGEL HUNT BSC, MSC
- RIGHT REVEREND DOCTOR JOHN FENWICK BAMThPhDDD
- Rev Anthony Kieran Roberts
- Rev Jabson Watson
- Rev Mark Spiers
- Rev Robert Wilson
- Rt Rev Matthew Paul Firth MA BTh
- Tamileniyal Joy Christy Sahadevan
- WILLIAM ALBERT CLEMENTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £86k | £241k |
| 31/12/2023 | £259k | £220k |
| 31/12/2022 | £57k | £152k |
| 31/12/2021 | £77k | £139k |
| 31/12/2020 | £139k | £208k |
Common questions
Is FREE CHURCH OF ENGLAND CENTRAL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a decrease in funds of £120,724 for the year ended 31 December 2024, resulting in total unrestricted reserves of £864,517. The trustees confirm that these reserves are maintained at a level equivalent to between three and six months of expenditure, in line with the charity's stated policy. The financial statements were prepared on a going concern basis, with the trustees expressing a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.