Finance Score: -9
Governance Score: 5
Support Score: 2
  • Excess reserves: -4
  • Fundraising costs high: -5
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Overall weighted support: +2
Overall GiG Score: -2 ?

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREYFRIARS READING

Worship and associated activities
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • Why are there 27 trustees whereas the Charities Commission recommends a maximum of 12?

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £8,639,126 available, equivalent to 46 months of spending and so may not be able to utilise additional funding
  • Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/23£2,909£2,258£651£923£8,639£8,63945.955200
31/12/22£3,010£1,999£1,011£736£7,988£7,98847.951200
31/12/21£2,483£1,627£855£597£6,977£6,97751.448200
31/12/20£2,675£1,617£1,058£686£6,435£6,43547.854150
31/12/19£2,447£2,341£106£1,100£5,377£5,37727.660300
31/12/18£3,187£2,452£735£1,195£5,271£5,27125.8750
31/12/17£3,504£2,760£744£1,686£4,536£4,53619.7860
31/12/16£2,901£2,306£595£1,534£3,792£3,79219.71060
31/12/15£2,337£2,029£308£1,406£3,197£3,19718.9800
31/12/14£2,371£1,684£688£1,069£2,857£2,85720.4140
31/12/13£1,876£1,502£374£865£2,178£2,17817.4480
31/12/12*£1,557£1,382£175£744£1,813£1,81315.7480
31/12/11£1,443£1,472£-29£639£1,640£1,64013.4430
31/12/10£1,433£1,226£207£627£1,686£1,68616.5380
31/12/09£1,560£1,181£379£567£1,496£4084.1330

Financial Ratios
Fundraising Costs/Relevant Income: 51.3%
Fundraising Costs/Total Spending: 40.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 23%
Liabilities/Income: 89%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 45.9 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1
Asset Split ?
Balance Sheet History
Established: 16 years

www.greyfriars.org.uk

office@greyfriars.org.uk

01189516700

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Religious Activities
GiG Classification
  • Christian congregations
How it operates
  • Makes grants to organisations
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Reading, West Berkshire, Wokingham,
Who it helps
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
Joseph Rank Trust - Greyfriars Church, Reading
£50,000 22/04/2021
To part fund the Church property scheme

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (27)
Current Trustees appointed
Gender Split
Based on 23/27 persons

Age Range of Trustees:
  • ALAN EDWARD CROSS Appointed: 2017
  • ALAN GEORGE TUVEY Appointed: 2022
  • ARFON HUW REES Appointed: 2024
  • CHINEDU ORJI Appointed: 2023
  • CHRISTIANA EVANGELINE PETERS HAINES Appointed: 2024
  • CHRISTOPHER HALL Appointed: 2023
  • CHRISTOPHER NEVILLE AUSTIN GREAVES Appointed: 2020
  • DEBORAH JEFFRIES Appointed: 2019
  • DR DAVID ANDREW AUBREY-JONES Appointed: 2021
  • DR JOHN DAVID LEDGER, Occupation: College Deputy Principal
  • GEORGE EAPEN Appointed: 2023
  • HARRIET BOOTH Appointed: 2020
  • JOSHUA FRANCIS TALIB Appointed: 2022
  • KATHERINE MARY LYNE Appointed: 2024
  • KATRYNA SEALS Appointed: 2020
  • MARTIN WILLIAM HALEY Appointed: 2023
  • MADDIE KULKARNI Appointed: 2021
  • MALCOLM SUMMERS Appointed: 2018
  • MALVEEN RAHEJA Appointed: 2023
  • MARGARET STONE Appointed: 2013
  • NICHOLAS LAM Appointed: 2017
  • PROFESSOR JOHN FREDERICK MISSENDEN, Occupation: Retired University Lecturer
  • RACHEL HARROP Appointed: 2020
  • REV DAVID GILMOUR WALKER (Chair) Appointed: 2016
  • REV NATALIE WORSFOLD Appointed: 2021
  • STEPHEN SMITH Appointed: 2023
  • SVEN LEWIS Appointed: 2023
Legal constitution
  • Charity registered in England & Wales on 01/05/2009, number: 1129381
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Volunteer management
Filing Record
15 returns made; AR12: 77 days late,
Main office

Greyfriars Church
Friar Street
READING
Berkshire
RG1 1EH

Objectives

Promoting in the ecclesiastical parish the whole mission of the Church.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, LOCAL

Data Sources

Charity Commission for England and Wales
360 Giving

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