LOUGHTON BAPTIST CHURCH, MILTON KEYNES
Financial health, per its FY2024 accounts
The accounts state that the charity finished the year with a surplus and a reasonably strong financial position, with unrestricted funds increasing to £1,597,584. The trustees note that average giving remained consistent and contactless contributions aided the surplus, though they anticipate reduced surpluses in 2025 if current vacancies are filled. The document confirms there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
Trustees
- Rev NATHAN MARLAM
- Timothee Gauvrit
- Vengai Dumbu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £163k | £119k |
| 31/12/2023 | £152k | £188k |
| 31/12/2022 | £186k | £157k |
| 31/12/2021 | £160k | £105k |
| 31/12/2020 | £186k | £137k |
Common questions
Is LOUGHTON BAPTIST CHURCH, MILTON KEYNES financially healthy?
The accounts state that the charity finished the year with a surplus and a reasonably strong financial position, with unrestricted funds increasing to £1,597,584. The trustees note that average giving remained consistent and contactless contributions aided the surplus, though they anticipate reduced surpluses in 2025 if current vacancies are filled. The document confirms there are no material uncertainties regarding the charity's ability to continue. Its FY2024 accounts were independently examined.