PROVIDENCE BAPTIST CHAPEL, CHELTENHAM
Advance the Christian Religion in accordance with the statement of faith and church covenant.Provide a place of worship. Teaching and educating all ages in the doctrines and practice of the religion
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £250,328 significantly exceed the trustees' policy target of £66,851, which is defined as the previous year's running costs. The trustees confirm that the charity's financial state is sound and that the reserves policy has been met.
What the accounts disclose
“The total year-end balance held by the Charity in unrestricted funds was £250,328, some £183,477 more than the planned level of Reserve for the forthcoming year.” — page 2
“The Trustees’ policy is to keep as a Reserve a sum equivalent to not less than the running costs for the previous year.” — page 2
Trustees
- Pooyan Mehrshahichair
- Harvey Jeffreys
- Richard Michael Jeffers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £107k | £87k |
| 30/04/2024 | £115k | £83k |
| 30/04/2023 | £105k | £62k |
| 30/04/2022 | £70k | £52k |
| 30/04/2021 | £64k | £53k |
Common questions
Is PROVIDENCE BAPTIST CHAPEL, CHELTENHAM financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £250,328 significantly exceed the trustees' policy target of £66,851, which is defined as the previous year's running costs. The trustees confirm that the charity's financial state is sound and that the reserves policy has been met. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORWOOD AND NEWTON SETTLEMENT | 1 | £30k |
Charities like this
- NORTH CHEAM BAPTIST CHURCH
- NEWPORT PAGNELL BAPTIST CHURCH
- UPTON BAPTIST CHURCH, CHESTER
- CHERTSEY STREET BAPTIST CHURCH TRUST
- WOODBRIDGE QUAY CHURCH
- EASTLEIGH BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| PROVIDENCE BAPTIST CHAPEL, CHELTENHAM | £107k | — | 0 | above | 250328.0% | no doubt |
| NORTH CHEAM BAPTIST CHURCH | £131k | £46,813 | 0 | above | — | no doubt |
| NEWPORT PAGNELL BAPTIST CHURCH | £777k | — | 0 | unclear | — | no doubt |
| UPTON BAPTIST CHURCH, CHESTER | £250k | — | 0 | unclear | — | no doubt |
| CHERTSEY STREET BAPTIST CHURCH TRUST | £812k | — | 0 | below | — | no doubt |
| WOODBRIDGE QUAY CHURCH | £248k | — | 0 | unclear | — | no doubt |