THE FRIENDS OF ST MICHAEL'S CHURCH, ST ALBANS
Raising money for preserving the structure and fabric of the church
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £26,427 for the year ended 31 December 2025, resulting in net assets decreasing from £80,178 to £53,751. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy indicates it does not need to hold operational reserves as a grant maker without core costs, but aims to hold sufficient funds to respond to maintenance applications.
What the accounts disclose
Trustees
- Earl John Duncan Verulam
- Graham Meager
- Guy Marshall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £25k | £52k |
| 31/12/2024 | £23k | £0 |
| 31/12/2023 | £5k | £21k |
| 31/12/2022 | £9k | £2k |
| 31/12/2021 | £54k | £4k |
Common questions
Is THE FRIENDS OF ST MICHAEL'S CHURCH, ST ALBANS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £26,427 for the year ended 31 December 2025, resulting in net assets decreasing from £80,178 to £53,751. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's reserves policy indicates it does not need to hold operational reserves as a grant maker without core costs, but aims to hold sufficient funds to respond to maintenance applications. Its FY2025 accounts were independently examined.