THE BISHOP OF ST EDMUNDSBURY AND IPSWICH TRUST FUND
Religious
Objects
THE RELIEF OF POVERTY THE ADVANCEMENT OF EDUCATION, OF RELIGION AND SUCH OTHER CHARITABLE PURPOSES AS MAY BE BENEFICIAL TO THE COMMUNITY AND IN PARTICULAR: A) TO SUPPORT MINISTERS OF RELIGION OF THE ANGLICAN COMMUNION IN FURTHER TRAINING FOR THEIR MINISTERIAL FUNCTIONS B) TO AID SUCH MINISTER IN ANY EMERGENCY OF SPECIAL NEED IN THEIR PERSONAL AFFAIRS C) TO ADVANCE THE CHRISTIAN RELIGION AND THE EDUCATION OF CHILDREN AND YOUNG PERSONS IN CHRISTIAN PRINCIPLES.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net expenditure of £46,944, which was covered by transferring funds from existing reserves. The trustee confirms that current reserves are sufficient to meet future commitments and that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Total incoming funds for the year were £48,829 of which £47,704 were donations from dedicated trusts.” — page 3
Policies the charity declares
- Investment
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £96k |
| 31/12/2023 | £77k | £54k |
| 31/12/2022 | £40k | £35k |
| 31/12/2021 | £58k | £23k |
| 31/12/2020 | £23k | £25k |
Common questions
Is THE BISHOP OF ST EDMUNDSBURY AND IPSWICH TRUST FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a net expenditure of £46,944, which was covered by transferring funds from existing reserves. The trustee confirms that current reserves are sufficient to meet future commitments and that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.