CHURCH CLOSE
The Charity has the responsibility of co-operating with the Incumbent in promoting the ecclesiastical parish of Sapcote, the whole mission of the Church of England, pastoral, evangelical, social and ecumenical.
Financial health, per its FY2024 accounts
The accounts state that total financial assets decreased by £5,986 to £46,922, driven by a 10% drop in regular giving and higher insurance costs. The Treasurer notes that outgoings are now exceeding incomings by quite a lot, creating a challenge to increase income to cover increasing bills.
What the accounts disclose
“Looking forward, it is clear that our outgoings are now exceeding our incomings by quite a lot. We do seriously need to find ways to increase our income in order to pay our increasing bills, to enable growth and to support the diocese. This is a challenge for us.” — page 7
Trustees
- Rev Joanna Susan Hoverchair
- DAVID RICHARD HAZLEWOOD
- Dave Harrold
- Diana Harrold
- Gwynne Jones
- Janet Gaten
- Jillian Kay Matthews
- Jim Matthews
- Mick Angrave
- PAULINE DIANE HAZLEWOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £50k |
| 31/12/2023 | £47k | £47k |
| 31/12/2022 | £48k | £56k |
| 31/12/2021 | £55k | £34k |
| 31/12/2020 | £49k | £74k |
Common questions
Is CHURCH CLOSE financially healthy?
Per its FY2024 accounts: The accounts state that total financial assets decreased by £5,986 to £46,922, driven by a 10% drop in regular giving and higher insurance costs. The Treasurer notes that outgoings are now exceeding incomings by quite a lot, creating a challenge to increase income to cover increasing bills. Its FY2024 accounts were independently examined.