THE SERVANTS OF THE WORD TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net movement in funds of £188,896 for the year, resulting in total unrestricted reserves of £5,589,619. The trustees consider working capital requirements to be between £40,000 and £80,000, noting that the present balance is higher due to expected budget deficits in the coming years. The auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The remaining ‘free’ reserves in the General Operations Fund are held to fund working capital requirements, which the trustees consider to be between £40,000 and £80,000.” — page 7
Trustees
- ANDREW PETTMANchair
- JEAN PIERRE FAHED
- Kenneth Noecker
- PAOLA TURNER
- RICHARD PERRY
- Rev Peter Mackenzie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £367k | £246k |
| 31/08/2024 | £309k | £240k |
| 31/08/2023 | £315k | £269k |
| 31/08/2022 | £321k | £241k |
| 31/08/2021 | £296k | £225k |
Common questions
Is THE SERVANTS OF THE WORD TRUST financially healthy?
The accounts state that the charity generated a net movement in funds of £188,896 for the year, resulting in total unrestricted reserves of £5,589,619. The trustees consider working capital requirements to be between £40,000 and £80,000, noting that the present balance is higher due to expected budget deficits in the coming years. The auditors confirmed that the use of the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Baldwin Scofield Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |