THE UNITED REFORMED CHURCH (WESSEX) TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £46,699,023, significantly exceeding the nominal invested asset figure of £30,750,000 required to generate sufficient income to cover operating costs. The charity reports no material uncertainties regarding its ability to continue as a going concern, noting that its significant investment funds provide a predictable income stream independent of property disposals.
What the accounts disclose
Leadership, per the charity’s website
- Michael Hopkins — Synod Moderator
- Karen Bell — Synod Clerk
- Stuart MacLean — Wessex Trust Executive Officer
- David North — Synod Treasurer
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Dr ROMILLY WAKEFIELD MICKLEMchair
- DAVID THOMAS NORTH
- MARGARET ROSE CARRICK SMITH
- MARTIN GLYN THOMAS
- Michelle Howard
- RAYMOND MICHAEL DUNNETT
- Rev Dr Michael Hopkins
- Rev GLYN MILLINGTON
- Rev JULIAN JAMES MACRO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £10.6m | £2.8m |
| 31/12/2023 | £1.7m | £2.4m |
| 31/12/2022 | £2.6m | £10.7m |
| 31/12/2021 | £2.8m | £1.7m |
| 31/12/2020 | £2.0m | £1.5m |
Common questions
Is THE UNITED REFORMED CHURCH (WESSEX) TRUST LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £46,699,023, significantly exceeding the nominal invested asset figure of £30,750,000 required to generate sufficient income to cover operating costs. The charity reports no material uncertainties regarding its ability to continue as a going concern, noting that its significant investment funds provide a predictable income stream independent of property disposals. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |
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