THE FRIENDS OF ST MARY'S BROUGHTON WITH ST JAMES BOSSINGTON
The maintance of the fabric of the two churches of St Mary's Broughton and St. James Bossington
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £26,332 for the year ended 31 December 2025, driven by expenditure of £92,162 on church repairs which exceeded total income of £36,525. Despite this deficit, the charity holds total assets of £455,524, with a designated endowment fund of £431,388 intended to cover future maintenance costs. The trustees have adopted a policy to increase this endowment to £500,000 by transferring exceptional income from undesignated reserves.
What the accounts disclose
“the Trustees have decided that the designated reserve should be increased over a period to £500000” — page 2
Trustees
- Dr Thomas A N Reedchair
- Brian Peter Matthews
- Esther Fernandez-Llorente
- Georgina Louise Bateman
- Jane Elizabeth Eaton
- Jeremy Booker
- MICHAEL ROBERT MOORE
- Mark Charles William Bateman
- Rev Joe Sweetnam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £37k | £92k |
| 31/12/2024 | £24k | £768 |
| 31/12/2023 | £24k | £123k |
| 31/12/2022 | £22k | £456 |
| 31/12/2021 | £22k | £4k |
Common questions
Is THE FRIENDS OF ST MARY'S BROUGHTON WITH ST JAMES BOSSINGTON financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £26,332 for the year ended 31 December 2025, driven by expenditure of £92,162 on church repairs which exceeded total income of £36,525. Despite this deficit, the charity holds total assets of £455,524, with a designated endowment fund of £431,388 intended to cover future maintenance costs. The trustees have adopted a policy to increase this endowment to £500,000 by transferring exceptional income from undesignated reserves. Its FY2025 accounts were independently examined.