WIDCOMBE BAPTIST CHURCH
See Trustees' Report
Financial health, per its FY2024 accounts
The accounts state that unrestricted general funds stood at £1,918,917, significantly exceeding the trustees' stated reserves policy target of two months' core expenditure (planned to increase from £60,000 to £65,000). Per the trustees' report, net income increased substantially due to growth in membership and gifts, while expenses reduced compared to the prior year, resulting in a strong financial position with no material uncertainties regarding going concern.
What the accounts disclose
“General Funds not designated for a specific purpose (“the Cash Reserves”) should be able to meet two months’ General Fund Core Expenditure.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (19/02/2019)
Trustees
- ROSS LEVICK EVANSchair
- ALAN CAMERON BARNETT
- Andrew Warren Battle
- Christopher Peter Hope Hutchison
- Clive Robert Todman
- Daniel William Vaux Halliday
- James Thomas Pollard
- Neil Willoughby
- ROGER HENWOOD
- Rebekah Ellen Thomas
- Sebastian Marc Walker
- Thomas Heasman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £531k | £399k |
| 31/12/2023 | £460k | £467k |
| 31/12/2022 | £436k | £423k |
| 31/12/2021 | £727k | £395k |
| 31/12/2020 | £545k | £424k |
Common questions
Is WIDCOMBE BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted general funds stood at £1,918,917, significantly exceeding the trustees' stated reserves policy target of two months' core expenditure (planned to increase from £60,000 to £65,000). Per the trustees' report, net income increased substantially due to growth in membership and gifts, while expenses reduced compared to the prior year, resulting in a strong financial position with no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL | 1 | £59k |
Charities like this
- HILLINGDON PARK BAPTIST CHURCH
- FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST)
- CHRISTCHURCH BAPTIST CHURCH
- ICHTHUS CHRISTIAN FELLOWSHIP
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH
- THATCHAM BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WIDCOMBE BAPTIST CHURCH | £531k | — | 0 | above | — | no doubt |
| HILLINGDON PARK BAPTIST CHURCH | £126k | — | 0 | above | — | no doubt |
| FAIZAN-E-MADINA MOSQUE COMMITTEE (TRUST) | £536k | Under £60,000 | 0 | unclear | — | no doubt |
| CHRISTCHURCH BAPTIST CHURCH | £410k | — | 0 | unclear | — | no doubt |
| ICHTHUS CHRISTIAN FELLOWSHIP | £1.5m | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH | £260k | — | 0 | unclear | 3.0% | no doubt |