THE UNITED REFORMED CHURCH (SOUTHERN SYNOD) TRUST LIMITED
Financial health, per its FY2022 accounts
The accounts state that unrestricted reserves stood at £18.798 million, which the trustees note is more than 10 years of normal expenditure but has accumulated mainly from the disposal of redundant church buildings. The charity reports no material uncertainty regarding its ability to continue as a going concern, citing sufficient cash and convertible investments. However, the unrestricted general funds are described as dependent on uncertain income from property disposals to meet operational shortfalls.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ALAN DAVID KIRBY
- DAVID HENRY WALTERS
- HILARY MILES
- JOHN HAROLD DENISON
- Linda Margaret Austin
- Rev Bernard Sietse Fidder
- Rev Elaine Sarah Colechin
- Rev Helen Amy Elizabeth Warmington
- Rev RUSSELL JAMES FURLEY-SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £7.4m | £5.0m |
| 31/12/2023 | £3.4m | £4.3m |
| 31/12/2022 | £11.3m | £3.7m |
| 31/12/2021 | £7.6m | £7.5m |
| 31/12/2020 | £4.2m | £2.6m |
Common questions
Is THE UNITED REFORMED CHURCH (SOUTHERN SYNOD) TRUST LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £18.798 million, which the trustees note is more than 10 years of normal expenditure but has accumulated mainly from the disposal of redundant church buildings. The charity reports no material uncertainty regarding its ability to continue as a going concern, citing sufficient cash and convertible investments. However, the unrestricted general funds are described as dependent on uncertain income from property disposals to meet operational shortfalls. Its FY2022 accounts were audited by Thornton Springer LLP.