CITY UNITED REFORMED CHURCH CHARITY
Applying the charity's net income: a) For the upkeep and repair of the City United Reformed Church, Cardiff, and the maintenance of the service there. b) For the furthering of the religious and other charitable work of that church.
Financial health, per its FY2024 accounts
The charity reported a surplus of £2,215 for the year ended 31 December 2024, with total incoming resources of £34,647 and resources expended of £32,432. The charity holds unrestricted reserves (accumulated fund) of £22,714, which the trustees state is sufficient to meet expected expenditure in the forthcoming year. The balance sheet shows total net assets of £993,105, comprising £976,644 in investments and £16,461 in current assets.
What the accounts disclose
“The Trustees' reserves policy is to accumulate sufficient income account reserve in any one year to meet expected expenditure in the forthcoming year.” — page 4
“Some of the Trustees are also serving elders of the City United Reformed Church. Details of transactions with the City United Reformed Church are included in the Main Activities paragraph of this report.” — page 4
Trustees
- Alison Mary Tansomchair
- CATHERINE JONES
- David Richard Meek
- Dr JOHANN TE WATER NAUDE
- Dr Nici Lintern Gittens
- Iain Robert Scott
- Rev David Adam Salsbury
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £32k |
| 31/12/2023 | £34k | £32k |
| 31/12/2022 | £33k | £32k |
| 31/12/2021 | £32k | £32k |
| 31/12/2020 | £33k | £32k |
Common questions
Is CITY UNITED REFORMED CHURCH CHARITY financially healthy?
Per its FY2024 accounts: The charity reported a surplus of £2,215 for the year ended 31 December 2024, with total incoming resources of £34,647 and resources expended of £32,432. The charity holds unrestricted reserves (accumulated fund) of £22,714, which the trustees state is sufficient to meet expected expenditure in the forthcoming year. The balance sheet shows total net assets of £993,105, comprising £976,644 in investments and £16,461 in current assets. Its FY2024 accounts were independently examined.