STONELEIGH BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that total receipts for the year were £190,404, resulting in a net increase in funds and a closing unrestricted and designated cash balance of £153,276. The trustees report that the church holds reserves equivalent to a minimum of three months' operational expenditure, which is in accordance with their stated reserves policy. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records.
What the accounts disclose
“The church’s reserves are held at a level which is equivalent to a minimum of three months’ operational expenditure and other known future liabilities.”
Trustees
- GILLIAN CAMMACK
- Hazel Hodson
- MR AKIN AKINTOLA
- Martyn Howlett
- Paul Ferenc Eisner
- Peter Nigel Harling
- Rev GAVIN HUNTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £197k | £185k |
| 31/12/2023 | £189k | £190k |
| 31/12/2022 | £192k | £168k |
| 31/12/2021 | £172k | £227k |
| 31/12/2020 | £234k | £182k |
Common questions
Is STONELEIGH BAPTIST CHURCH financially healthy?
The accounts state that total receipts for the year were £190,404, resulting in a net increase in funds and a closing unrestricted and designated cash balance of £153,276. The trustees report that the church holds reserves equivalent to a minimum of three months' operational expenditure, which is in accordance with their stated reserves policy. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records. Its FY2024 accounts were independently examined.