ROMSEY BAPTIST CHURCH

Registered charity 1127624 · accounts filings on the Charity Commission register

Latest income
£191k
Latest spending
£251k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £59,917 for the year, with total income of £191,379 against total expenditure of £251,296. Per the trustees' report, this deficit resulted in a net reduction in funds, although the charity held unrestricted reserves of £50,500 and cash of £119,860 at the year-end. The trustees confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: 35% of the anticipated annual spend (held: £51k)
It would seem prudent to set the level of reserves to 35% of the anticipated annual spend.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/12/2025£191k£251k
31/12/2024£169k£140k
31/12/2023£133k£175k
31/12/2022£147k£145k
31/12/2021£130k£131k

Common questions

Is ROMSEY BAPTIST CHURCH financially healthy?

The accounts state that the charity reported a net expenditure deficit of £59,917 for the year, with total income of £191,379 against total expenditure of £251,296. Per the trustees' report, this deficit resulted in a net reduction in funds, although the charity held unrestricted reserves of £50,500 and cash of £119,860 at the year-end. The trustees confirmed there were no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETERS & ST PAUL BATTERSEA.