Christian Aid's income fell by 4 per cent last year

Its latest annual report says its income was £99.9m in the year to 31 March last year, down from £103.6m in the previous financial year

Christian Aid: Christmas appeal exceeded expectations
Christian Aid: Christmas appeal exceeded expectations

Christian Aid’s income fell by 4 per cent last year, its annual report shows.

The charity’s latest accounts, filed with Companies House last month, show that it had an income of £99.9m in the year to 31 March 2015, compared with £103.6m in the previous year.

The accounts show that a 13 per cent reduction in the amount of money received from institutional contracts and a 4 per cent fall in donations contributed to the decreased income.

The accounts also show that income from Christian Aid Week fell by £600,000 on the previous year to £11.1m.

But the charity’s Christmas appeal exceeded expectations, raising £3.6m in 2014, £2.1m more than the previous year, all of which was matched by the UK government.

The charity’s total expenditure fell by 6 per cent to £94.3m in 2014/15.

Direct charitable expenditure represented 84 per cent of total spending, down from an all-time high of £85.6m in 2013/14 to £79.1m in the latest financial year, the accounts show.

The charity’s operational reserves remained flat, reducing slightly from £15.3m the previous financial year to £15m in 2014/15, the report shows.

This is below Christian Aid’s operational reserves target of £20.3m, and in the annual report the charity says it expects reserve levels to remain below target for the next three years as it invests in reaching new supporters.

The accounts also show a £5.9m deficit on Christian Aid’s final-salary pension scheme.

Loretta Minghella, chief executive of Christian Aid, says in the annual report: "Despite the record-breaking success of the Christmas appeal, the enormous generosity of our supporters and our continuing track record in securing and successfully completing large-scale government-funded contracts, our income was less than we had planned for, particularly from Christian Aid Week.

"We are beginning to implement new approaches now, as we learn from the success of our Christmas appeal, and with a focus on better use of digital communications."

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