CHERTSEY STREET BAPTIST CHURCH TRUST
(i) to advance the Christian faith in general in accordance with the Strict Baptist Affirmation of Faith (1966)(ii) to relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby(iii) to promote and fulfill such other charitable purpose beneficial to the community
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £63,646 are below the trustees' stated policy target of six months of expenditure, although the total available resources including a loan facility exceed this level. The charity reported a slight deficit in the general fund for the year, driven by increased staff and building costs, while total net assets rose to £4,882,541.
What the accounts disclose
“The remaining £63,646 general reserves together with the unused portion of the 2023 Loan Facility exceeds the reserves policy level.” — page 6
“In respect of other duties J Southcombe received £39,510 (2024: £36,500) in remuneration and pension contributions of £6,314 (2024: £5,948) were made on his behalf.” — page 22
“In respect of other duties J Southcombe received £39,510 (2024: £36,500) in remuneration and pension contributions of £6,314 (2024: £5,948) were made on his behalf.” — page 22
“N Mistry, one of the Trustees, has loaned £20,000 interest free to the church to support the 70-72 Chertsey Street property purchase.” — page 22
“In respect of other duties J Southcombe received £39,510 (2024: £36,500) in remuneration and pension contributions of £6,314 (2024: £5,948) were made on his behalf.” — page 22
“N Mistry, one of the Trustees, has loaned £20,000 interest free to the church to support the 70-72 Chertsey Street property purchase.” — page 22
“In respect of other duties J Southcombe received £39,510 (2024: £36,500) in remuneration and pension contributions of £6,314 (2024: £5,948) were made on his behalf.” — page 22
“N Mistry, one of the Trustees, has loaned £20,000 interest free to the church to support the 70-72 Chertsey Street property purchase.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr KLAUS GREENchair
- ADRIAN CREEDY
- HUGH GRIFFIN
- JAMES PETER SOUTHCOMBE
- Russell John Trenchard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £812k | £600k |
| 31/03/2024 | £748k | £514k |
| 31/03/2023 | £1.9m | £552k |
| 31/03/2022 | £558k | £568k |
| 31/03/2021 | £942k | £512k |
Common questions
Is CHERTSEY STREET BAPTIST CHURCH TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £63,646 are below the trustees' stated policy target of six months of expenditure, although the total available resources including a loan facility exceed this level. The charity reported a slight deficit in the general fund for the year, driven by increased staff and building costs, while total net assets rose to £4,882,541. Its FY2025 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £3k |
Charities like this
- CENTRAL BAPTIST CHURCH WALTHAMSTOW
- HIGH STREET BAPTIST CHURCH
- NORTH CHEAM BAPTIST CHURCH
- RUGBY BAPTIST CHURCH
- UPTON BAPTIST CHURCH, CHESTER
- ST ANDREW'S STREET, BAPTIST CHURCH - TRUST FUNDS AND PROPERTY HELD IN CONNEXION WITH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHERTSEY STREET BAPTIST CHURCH TRUST | £812k | — | 0 | below | — | no doubt |
| CENTRAL BAPTIST CHURCH WALTHAMSTOW | £126k | — | 0 | unclear | — | no doubt |
| HIGH STREET BAPTIST CHURCH | £127k | — | 0 | above | — | no doubt |
| NORTH CHEAM BAPTIST CHURCH | £131k | £40,001 - £50,000 | 0 | above | — | no doubt |
| RUGBY BAPTIST CHURCH | £240k | — | 0 | unclear | — | no doubt |
| UPTON BAPTIST CHURCH, CHESTER | £185k | — | 0 | unclear | — | no doubt |