THE UNITED REFORMED CHURCH (WEST MIDLANDS) TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net movement in funds of £3.55m for the year ended 31 December 2024, driven by a £2.4m surplus from property sales and £1.74m in unrealised investment gains. The trustees confirm that the charity has sufficient resources to continue as a going concern with no material uncertainty identified. Unrestricted general funds stood at £10.6m, while the charity operates a defined contribution pension scheme with no disclosed deficit.
What the accounts disclose
“The policy of the trustees is to hold sufficient investments and deposits that the income generated, and capital appreciation will cover one full year’s total net expenditure.” — page 15
“The Trust is the corporate Trustee of The James and Freeman Charity. During the year a charge of £2,000 (2023: £2,000) was made to The James and Freeman Charity for the administrative services provided by the Synod.” — page 47
“The Trust is the corporate Trustee of The Joseph Scott Fund. During the year a charge of £1,500 (2023: £Nil) was made to The Joseph Scott Fund for the administrative services provided by the Synod.” — page 47
“The Trust is the corporate Trustee of The James and Freeman Charity. During the year a charge of £2,000 (2023: £2,000) was made to The James and Freeman Charity for the administrative services provided by the Synod.” — page 47
“The Trust is the corporate Trustee of The Joseph Scott Fund. During the year a charge of £1,500 (2023: £Nil) was made to The Joseph Scott Fund for the administrative services provided by the Synod.” — page 47
Leadership, per the charity’s website
- Steve Faber — Synod Moderator
- Rachel Wakeman — Synod Clerk
- Steve Powell — Synod Treasurer
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (15/10/2025)
- Received assets from another charity (01/05/2024)
- Received assets from another charity (01/05/2024)
Trustees
- ANGELA BARKER
- DAVID STANGOE BLACK
- KEITH JAMES THOMAS
- MARGARET FLORENCE MARSHALL
- REV STEVEN MARK FABER
- Rev Elaine Delorious Hutchinson
- STEPHEN MARK POWELL
- TERENCE RICHARD DICKER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.2m | £1.4m |
| 31/12/2023 | £2.9m | £1.1m |
| 31/12/2022 | £3.0m | £1.1m |
| 31/12/2021 | £933k | £2.3m |
| 31/12/2020 | £1.9m | £1.5m |
Common questions
Is THE UNITED REFORMED CHURCH (WEST MIDLANDS) TRUST LIMITED financially healthy?
The accounts state that the charity reported a net movement in funds of £3.55m for the year ended 31 December 2024, driven by a £2.4m surplus from property sales and £1.74m in unrealised investment gains. The trustees confirm that the charity has sufficient resources to continue as a going concern with no material uncertainty identified. Unrestricted general funds stood at £10.6m, while the charity operates a defined contribution pension scheme with no disclosed deficit. Its FY2024 accounts were audited by MHA.
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