LOWER SAPEY CENTENARY FUND
To assist with the maintenance of the fabric of St Bartholomew's Lower Sapey and promotion of Christian worship in the Parish of Lower Sapey. Any such income to be used for the benefit of the Parishioners only.
Objects
THE MAINTENANCE OF THE MINISTRY AND WITNESS OF THE CHURCH OF ENGLAND IN THE PARISH OF LOWER SAPEY FOR THE BENEFIT OF THE PARISHIONERS.
Financial health, per its FY2025 accounts
The accounts state that the charity's total fund value decreased significantly to £67,999.23 due to a substantial grant of £55,000 made to St Bartholomew’s Church for ceiling repairs. The trustees note that this grant severely restricts the longevity of the fund and its ability to offer future grants. However, the remaining funds achieved a 4% net investment return, and the PCC has agreed to make annual donations to partially replenish the assets.
What the accounts disclose
Trustees
- DANIELLE CONNELLY
- MARGARET SMITH
- NICHOLAS DENNISTON
- RICHARD SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £57k | £56k |
| 05/04/2024 | £2k | £1k |
| 05/04/2023 | £2k | £812 |
| 05/04/2022 | £984 | £3k |
| 05/04/2021 | £599 | £6k |
Common questions
Is LOWER SAPEY CENTENARY FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity's total fund value decreased significantly to £67,999.23 due to a substantial grant of £55,000 made to St Bartholomew’s Church for ceiling repairs. The trustees note that this grant severely restricts the longevity of the fund and its ability to offer future grants. However, the remaining funds achieved a 4% net investment return, and the PCC has agreed to make annual donations to partially replenish the assets. Its FY2025 accounts were independently examined.