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

THE CENTRAL GIFTS COMMITTEE OF THE CHURCHES OF GOD

Registered charity 299106 · accounts filings on the Charity Commission register · also known as CHURCHES OF GOD CENTRAL GIFTS FUND · listed website unreachable when last crawled · also registered in Scotland as SC024963 (OSCR)

Latest income
£526k
Latest spending
£1.1m
Registered
1988
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £497,259 for the year ended 31 December 2024, driven by charitable expenditure exceeding income. Per the trustees' report, accessible reserves of £2.2 million are projected to bridge the gap between income and expenditure until 2029 if current trends continue. The charity maintains adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Reserves policy: release gifts as needs arise based on the amount of gift income received in the accounting year (held: £1.5m)
“In relation to Unrestricted Funds, the Trustees' policy is to release gifts as needs arise based on the amount of gift income received in the accounting year. Any build-up of Unrestricted Funds enables the Trustees to respond to emergency needs, if required.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Note 22
“During the year, the Trustees gave donations of £19,190 (2023: £16,010) to the charity.” — page 33
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by AAB Audit & Accountancy Limited.

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

Total income
£526k
Total spending
£1.1m
Cost of raising funds
£10k
Reserves (reported)
£2.2m
Employees
20

Reported reserves equal ~24.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

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

Operates in: Scotland

Income and spending

Financial year endIncomeSpending
31/12/2024£526k£1.1m
31/12/2023£1.7m£1.4m
31/12/2022£1.5m£1.0m
31/12/2021£790k£844k
31/12/2020£945k£925k

Common questions

Is THE CENTRAL GIFTS COMMITTEE OF THE CHURCHES OF GOD financially healthy?

The accounts state that the charity reported a net deficit of £497,259 for the year ended 31 December 2024, driven by charitable expenditure exceeding income. Per the trustees' report, accessible reserves of £2.2 million are projected to bridge the gap between income and expenditure until 2029 if current trends continue. The charity maintains adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2024 accounts were audited by AAB Audit & Accountancy Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
HOPE CHURCH HARROGATE1£18k

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