TROON CHURCH TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a net loss of £6,451.94 for the year, driven primarily by £683,795.79 in refurbishment costs against £741,128.30 in total income. The charity holds unrestricted reserves of £96,378.09 at year-end, derived from bank balances and grant funds. The trustees report that the hall was closed for six months for works but has since reopened with new facilities.
What the accounts disclose
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Rev Hilary Samsonchair
- ANNE SPEARMAN
- COLIN HEYWOOD GILLINGHAM
- JUDITH RAIL
- MRS Zamia Georgina Emma Pilsbury
- Rev Rosheen Elizabeth Browning
- SARAH JANE TREVILLION
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £741k | £748k |
| 31/12/2023 | £114k | £20k |
| 31/12/2022 | £10k | £15k |
| 31/12/2021 | £11k | £8k |
| 31/12/2020 | £11k | £13k |
Common questions
Is TROON CHURCH TRUST financially healthy?
The accounts state that the charity incurred a net loss of £6,451.94 for the year, driven primarily by £683,795.79 in refurbishment costs against £741,128.30 in total income. The charity holds unrestricted reserves of £96,378.09 at year-end, derived from bank balances and grant funds. The trustees report that the hall was closed for six months for works but has since reopened with new facilities.