THE UNITED REFORMED CHURCH (NORTH WESTERN PROVINCE) TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds showed a deficit on general funds of £993,312, which was cleared by net transfers from designated funds. Per the trustees' report, the balance sheet continues to show a strong position with unrestricted income funds having a combined value of approximately £18.3 million, despite a small decrease from the previous year.
What the accounts disclose
“The free reserves (unrestricted funds not invested in fixed assets or otherwise designated) stood at £1,065,056”
“Mr M Hart, a trustee, received a salary for his role as Treasurer and Transformation Director of £22,286 (2023- £25,032) as permitted by the Articles of Association.” — page 43
“Mr M Hart, a trustee, received a salary for his role as Treasurer and Transformation Director of £22,286 (2023- £25,032) as permitted by the Articles of Association.” — page 43
Leadership, per the charity’s website
- Mike Hart — Transformation Director
- Clare Downing — Rev'd
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (04/06/2021)
Trustees
- Christopher John Boyes
- John Skipworth
- Linda Jacqueline Davidson
- Professor John Christopher Whitehead
- Rev Michael Aspinall
- Rev Michael Paul Thomason
- Simon Dibbs
- Stephen Reginald Hunt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £2.1m |
| 31/12/2023 | £1.3m | £2.0m |
| 31/12/2022 | £2.9m | £1.7m |
| 31/12/2021 | £2.3m | £2.0m |
| 31/12/2020 | £510k | £1.4m |
Common questions
Is THE UNITED REFORMED CHURCH (NORTH WESTERN PROVINCE) TRUST LIMITED financially healthy?
The accounts state that unrestricted funds showed a deficit on general funds of £993,312, which was cleared by net transfers from designated funds. Per the trustees' report, the balance sheet continues to show a strong position with unrestricted income funds having a combined value of approximately £18.3 million, despite a small decrease from the previous year. Its FY2024 accounts were audited by Sumer Auditco Limited.
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