REIGATE BAPTIST CHURCH TRUST
Latest income
£617k
Latest spending
£521k
Registered
1998
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £2,439,286 are well above the trustees' stated policy target of £60,000. The charity reported a net surplus of £95,939 for the year, with total incoming resources of £617,265 against total expenditure of £521,325.
What the accounts disclose
Reserves policy: no less than £60,000 (held: £2.4m)
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £60,000 (which equates to 1.5 months of unrestricted expenditure).” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“received donations totalling £28,165 (2023: £25,810) from related parties (which includes trustees, any other members of key management and anyone closely connected to them). Except as disclosed above and in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year.” — page 20
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£617k
Total spending
£521k
Reserves (reported)
£240k
Employees
20
Trustees
- DR JOHN EGLINGTON
- IAN CURRY
- Lisa Marie Hopkins
- Simon Paul Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £617k | £521k |
| 31/12/2023 | £506k | £470k |
| 31/12/2022 | £433k | £479k |
| 31/12/2021 | £527k | £553k |
| 31/12/2020 | £418k | £441k |
Common questions
Is REIGATE BAPTIST CHURCH TRUST financially healthy?
The accounts state that unrestricted reserves of £2,439,286 are well above the trustees' stated policy target of £60,000. The charity reported a net surplus of £95,939 for the year, with total incoming resources of £617,265 against total expenditure of £521,325. Its FY2024 accounts were independently examined.