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

THE UNITED REFORMED CHURCH (SOUTH WESTERN SYNOD) INCORPORATED

Registered charity 275364 · accounts filings on the Charity Commission register

Latest income
£1.0m
Latest spending
£1.3m
Registered
1978
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £19,744,799, with residual free reserves of £631,697, which exceeds the stated policy target of approximately £600,000. The charity reported a net income of £1,194,721 for the year, driven largely by investment gains, while total charitable expenditure including grants reached £1,241,083.

What the accounts disclose

Reserves policy: approximately 12 months i.e. £600,000 (held: £632k)
“The Charity considers it appropriate to retain a minimum level of free reserves of equivalent to resources expected to be expended in approximately 12 months i.e. £600,000.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Revd R Gray receives £1,000 honorarium in respect of Bookkeeping activities.
“Trustee Revd R Gray receives £1,000 honorarium in respect of Bookkeeping activities in addition to expenses (2023 - £1,000). The above remuneration paid to Trustees is permitted in accordance with Section 185 of the Charities Act 2011.” — page 37
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £45.0m
“The Synod has committed a grant of up to £3 million with payments spread over a period of seven years to meet the deficit in the Fund which totals around £45 million.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Bishop Fleming Audit Limited.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.0m
Total spending
£1.3m
Cost of raising funds
£9k
Reserves (reported)
£991k
Employees
12

Reported reserves equal ~9.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£1.0m£1.3m
31/12/2023£4.3m£1.1m
31/12/2022£1.4m£736k
31/12/2021£1.7m£3.7m
31/12/2020£749k£565k

Common questions

Is THE UNITED REFORMED CHURCH (SOUTH WESTERN SYNOD) INCORPORATED financially healthy?

The accounts state that unrestricted reserves stood at £19,744,799, with residual free reserves of £631,697, which exceeds the stated policy target of approximately £600,000. The charity reported a net income of £1,194,721 for the year, driven largely by investment gains, while total charitable expenditure including grants reached £1,241,083. Its FY2024 accounts were audited by Bishop Fleming Audit Limited.

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