Church Of The Nazarene British Isles North District
Latest income
£235k
Latest spending
£330k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity ran an annual operating deficit of £95,271 in 2023/24, resulting in a decrease in total unrestricted and designated funds from £677,320 to £582,049. The trustees note that the district is focused on balancing the budget over the coming two years and may continue to report deficits while investing in church development. Despite the deficit, the trustees confirm adequate resources exist to continue operations for the foreseeable future.