SPALDING RECTORY FEOFFEES
payment of stipend to Vicar of Spalding and furthering the religious and other charitable work of the Church of England in the ecclesiastical parish of St Mary and St Nicolas Spalding
Objects
(1) FEOFFEES FIRST TO PAY A STIPEND TO THE VICAR OF SPALDING THAT WILL BE NO LESS THAN THE HIGHEST STIPEND USUALLY PAYABLE TO CLERGY (NOT BEING BISHOPS, ARCHDEACONS OR THE DEAN) WITHIN THE DIOCESE OF LINCOLN WITH THE FEOFFEES (SUBJECT THERETO) HAVING DISCRETION AS TO THE AMOUNT OF THE STIPEND TO BE PAID FROM TIME TO TIME; AND THEN(2) APPLY THE RESIDUE OF THE INCOME TO FURTHER THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OR ENGLAND IN THE AREA OF BENEFIT
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £372 for the year ended 5th April 2025, compared to a net expenditure in the prior year. Per the trustees' report, the charity maintains free reserves of at least six months of operating expenses to meet working capital requirements. The total unrestricted funds carried forward were £4,017,430, indicating a strong financial position with no material uncertainties regarding going concern.
What the accounts disclose
“the Trustees maintain within free reserves a minimum amount of not less than six months operating expenses.”
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 05/04/2023 (received 18/02/2024, 13 days after the 05/02/2024 due date); year ending 05/04/2022 (received 14/02/2023, 9 days after the 05/02/2023 due date).
Trustees
- Adrian Robert Parkerchair
- ADRIAAN PIETER VAN EGMOND
- ANDREW MARK BRIGGS
- Alan Machin
- Catherine Helen Hay
- David John Clements
- Julie Laithwaite
- MELVYN PRICE
- MICHAEL JOHN RICHARDSON NELL
- MR TOM CHARLTON
- Sarah Marion Chadd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £100k | £99k |
| 05/04/2024 | £90k | £93k |
| 05/04/2023 | £84k | £93k |
| 05/04/2022 | £85k | £101k |
| 05/04/2021 | £90k | £108k |
Common questions
Is SPALDING RECTORY FEOFFEES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £372 for the year ended 5th April 2025, compared to a net expenditure in the prior year. Per the trustees' report, the charity maintains free reserves of at least six months of operating expenses to meet working capital requirements. The total unrestricted funds carried forward were £4,017,430, indicating a strong financial position with no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WELLAND CHARITABLE TRUST | 1 | £118k |
| THE FENTON ARTS TRUST | 1 | £5k |
| CHARLES S FRENCH CHARITABLE TRUST | 1 | £2k |
| THE PAUL MELLON CENTRE FOR STUDIES IN BRITISH ART | 1 | £1k |
Charities like this
- THE SPALDING MEMORIAL EDUCATIONAL TRUST
- ST. PAUL'S, FURZEDOWN
- SPALDING GENTLEMEN'S SOCIETY
- SPALDING RELIEF IN NEED CHARITY
- FIELDNOTES
- SPALDING HIGH SCHOOL FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPALDING RECTORY FEOFFEES | £100k | — | 0 | above | — | no doubt |
| THE SPALDING MEMORIAL EDUCATIONAL TRUST | £102k | — | 0 | unclear | — | no doubt |
| ST. PAUL'S, FURZEDOWN | £132k | — | 0 | above | — | no doubt |
| SPALDING GENTLEMEN'S SOCIETY | £796k | — | 0 | unclear | — | no doubt |
| SPALDING RELIEF IN NEED CHARITY | £47k | — | 0 | unclear | — | no doubt |
| FIELDNOTES | £25k | — | 0 | unclear | — | no doubt |