CENTRE MINISTRIES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £88,908 for the year ended 30 September 2025, with total unrestricted funds of £3,439,573. The trustees maintain a reserves policy requiring a minimum cash reserve of £300,000, which is comfortably exceeded by the current unrestricted fund balance. The independent auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“The policy was reviewed during the year, and now requires that the charity to hold a minimum cash reserve of £300,000 (3 months’ operational costs if income streams ceased).” — page 9
“Land and buildings with a carrying amount of £4,659,889 were revalued on transition to SORP (FRS102) at 30th September 2014 by A Boulter [FRICS, IRRV], of Underwood's, a firm of independent valuers. Mr Boulter is also a trustee of the Charity.” — page 27
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- ANDREW PAUL BOULTERchair
- Claire Ebbinghaus
- Dr David Walker
- PHILIP GEORGE MCELROY
- SUSAN MCKELLEN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £1.8m | £1.7m |
| 30/09/2024 | £1.8m | £1.7m |
| 30/09/2023 | £1.6m | £2.2m |
| 30/09/2022 | £1.3m | £1.1m |
| 30/09/2021 | £983k | £974k |
Common questions
Is CENTRE MINISTRIES financially healthy?
The accounts state that the charity reported a surplus of £88,908 for the year ended 30 September 2025, with total unrestricted funds of £3,439,573. The trustees maintain a reserves policy requiring a minimum cash reserve of £300,000, which is comfortably exceeded by the current unrestricted fund balance. The independent auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by Huxley Johnston Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SOLE 2 SOUL FOUNDATION | 1 | £210k |
| ALL NATIONS | 1 | £144k |
| HOPE CHURCH HARROGATE | 1 | £18k |
| COVENANT LIFE CHURCH LEICESTER | 1 | £10k |
| CITY CHURCH COVENTRY | 1 | £4k |
| LIFEPOINT CHURCH | 1 | £1k |
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