SOUTH EASTERN BAPTIST ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the charity's total funds increased to £1,815,318, with unrestricted reserves of £1,650,651, which the trustees consider sufficient to meet their policy of maintaining six months' running costs. The charity reported a net income of £205,507 and holds significant investment property valued at £582,250, indicating a stable financial position with no material uncertainties disclosed.
What the accounts disclose
“It is the policy of the charity to seek to maintain a level of reserves sufficient to cover 6 months' running costs.” — page 5
“The charity is a member of the Baptist Union of Great Britain and is in receipt of grants from the Home Mission Fund, which is part of the Baptist Union of Great Britain Group. Grants of £265,382 (2023: £250,077) were received in this respect.” — page 29
Year-over-year changes
- Employees paid over £60,000: 1 (FY2023) → 0 (FY2024).
Corporate structure
- Registered company of the charity Companies House 04292136
Funders the charity credits
- LICC
- Everyone Everywhere
- Share Jesus
- The Rooftop
- BMS
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (03/07/2024)
Trustees
- Rev PETER JAMES BUTCHERSchair
- Cassandra Louise Fisk
- DAVID TOMLINSON
- Rev Jeremy Newson
- Rev Jonathan Edward Hardwick
- Rev Luciana Damascena
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £656k | £454k |
| 31/12/2023 | £567k | £506k |
| 31/12/2022 | £399k | £711k |
| 31/12/2021 | £525k | £398k |
| 31/12/2020 | £663k | £442k |
Common questions
Is SOUTH EASTERN BAPTIST ASSOCIATION financially healthy?
The accounts state that the charity's total funds increased to £1,815,318, with unrestricted reserves of £1,650,651, which the trustees consider sufficient to meet their policy of maintaining six months' running costs. The charity reported a net income of £205,507 and holds significant investment property valued at £582,250, indicating a stable financial position with no material uncertainties disclosed. Its FY2024 accounts were independently examined.
Who funds SOUTH EASTERN BAPTIST ASSOCIATION?
Funders whose own accounts filings name SOUTH EASTERN BAPTIST ASSOCIATION as a grant recipient include THE BAPTIST UNION OF GREAT BRITAIN, REDHILL BAPTIST CHURCH.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | FY2022 | £393k |
| THE BAPTIST UNION OF GREAT BRITAIN | FY2024 | £265k |
| THE BAPTIST UNION OF GREAT BRITAIN | FY2023 | £244k |
| REDHILL BAPTIST CHURCH | FY2021 | £7k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRACE BAPTIST CHARITIES LIMITED | 1 | £10k |