Finance Score: 0

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Strong growth: +2

Dynamic board: +3

No supporters identified

Overall GiG Score: 3

CHRIST CHURCH ST LEONARDS OLD BUILDINGS TRUST

The Objects of the Trust are1.the advancement and promotion of theological education and training for lay and ordained persons in the Church of England;2.meeting rooms for the ecclesiastical parish of Christ Church and St Mary Magdalen, St Leonards-on-Sea;3.accommodation for clergy and their families within the Church of England;4.for other charitable purposes connected with the Church of England

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no material income shortfalls in recent years
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,015,706 available, equivalent to 82 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£871	£148	£723	£0	£1,016	£1,016	82.3	0	1
31/03/22		£35	£24	£11	n/a	n/a	n/a	n/a	n/a	1
31/03/21		£32	£9	£23	n/a	n/a	n/a	n/a	n/a	1
31/03/20		£29	£17	£12	n/a	n/a	n/a	n/a	n/a	1
31/03/19		£38	£59	£-20	n/a	n/a	n/a	n/a	n/a	1
31/03/18		£24	£26	£-2	£0	£0	£0	n/a	0	0
31/03/17		£23	£12	£11	£0	£0	£0	n/a	0	0
31/03/16		£22	£20	£2	£0	£0	£0	n/a	0	0
31/03/15		£20	£10	£11	£0	£0	£0	n/a	0	0
31/03/14		£21	£15	£6	£0	£0	£0	n/a	0	0
31/03/13?		£15	£13	£2	£0	£0	£0	n/a	0	0
30/06/12		£18	£11	£7	£0	£0	£0	n/a	0	0
30/06/11		£16	£17	£-1	£0	£0	£0	n/a	0	0
30/06/10		£17	£31	£-14	£0	£0	£0	n/a	0	0
30/06/09		£15	£9	£6	£0	£0	£0	n/a	0	0
30/06/08		£15	£18	£-3	£0	£0	£0	n/a	0	0
30/06/07		£22	£21	£2	£0	£0	£0	n/a	0	0
30/06/06	*	£9	£13	£-5	£0	£0	£0	n/a	0	0
30/06/05	*	£10	£13	£-4	£0	£0	£0	n/a	0	0
30/06/04	*	£8	£13	£-5	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 82.3 months
Net Current Assets/Spending: 12 months
Quick Ratio: 23.1

Asset Split ?

Established: 23 years

clerk.themagnet@gmail.com

01424447784

Charity Commission for England and Wales

Listed activities

Religious Activities

GiG Classification

Christian religious associations

How it operates

Provides buildings/facilities/open space

Where it operates

East Sussex,

Who it helps

The General Public/Mankind

Who works here?

Unknown number of employees
1 volunteer

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

ANDREW DOUGLAS KNIGHT Appointed: 2023

PETER JAMES KING Appointed: 2024

REV NICHOLAS STEWART READE Appointed: 2014

MAUREEN ELIZABETH HARMAN Appointed: 2017, Other trusteeships: SARAH BRISCO CHARITY, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH WITH ST. MARY MAGDALEN AND ST. PETER AND ST. PAUL ST. LEONARDS-ON-SEA,

PAUL LEWIS Appointed: 2021, Other trusteeships: THE BATTLE CHARITIES, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BATTLE,

REV THOMAS PHILIP VALENTINE CROWLEY Appointed: 2023, Other trusteeship: THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH WITH ST. MARY MAGDALEN AND ST. PETER AND ST. PAUL ST. LEONARDS-ON-SEA,

SUSAN PARSONS Appointed: 2021, Other trusteeships: PARCHMENT TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH WITH ST. MARY MAGDALEN AND ST. PETER AND ST. PAUL ST. LEONARDS-ON-SEA,

THE RIGHT REVEREND PETER WILLIAM WHEATLEY (Chair) Appointed: 2015, Other trusteeships: COMMUNITY OF ST MARY AT THE CROSS, THE NEW ENGLAND COMPANY, GUYANA DIOCESAN ASSOCIATION,

Legal constitution

Charity registered in England & Wales on 03/07/2001, number: 1087321

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Risk management
Trustee conflicts of interest policy and procedures
Volunteer management

Filing Record

20 returns made; AR06: 31 days late, AR05: 101 days late, AR04: 18 days late,

Main office

CHRIST CHURCH ST LEONARDS ON SEA
2 CHRIST CHURCH COURTYARD
LONDON ROAD
ST. LEONARDS-ON-SEA
TN37 6GL

Objectives

1. THE ADVANCEMENT AND PROMOTION OF THEOLOGICAL EDUCATION AND TRAINING FOR LAY AND ORDAINED PERSONS IN THE CHURCH OF ENGLAND; 2. MEETING ROOM(S) AND RELATED FACILITIES FOR THE USE OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH AND ST MARY MAGDALEN, ST LEONARDS-ON-SEA; 3. ACCOMMODATION FOR MEMBERS OF THE CLERGY AND THEIR FAMILIES WITHIN THE CHURCH OF ENGLAND; 4. FOR SUCH OTHER CHARITABLE PURPOSES CONNECTED WITH THE CHURCH OF ENGLAND AS THE TRUSTEES AFTER CONSULTATION WITH THE INCUMBENT OR PRIEST FOR THE TIME BEING IN CHARGE OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH AND ST MARY MAGDALEN ST LEONARDS-ON-SEA SHALL FROM TIME TO TIME DECIDE.

Defined Area of Benefit:

DIOCESE OF CHICHESTER AND ELSEWHERE IN THE UNITED KINGDOM

Data Sources