Charity Accounts Intelreading the accounts so you don’t have to

ENFIELD BAPTIST CHURCH

Registered charity 1127855 · accounts filings on the Charity Commission register

Latest income
£282k
Latest spending
£308k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted general funds recorded a deficit of £14,241 in 2024, resulting in a decrease in total reserves of £26,670 for the year. Despite this deficit, the Trustees remain confident in the immediate and medium-term financial outlook, noting that immediately available unrestricted funds of £195,000 equated to 73% of annual unrestricted expenditure. The charity holds total net assets of £4,086,480, including significant property assets.

What the accounts disclose

Reserves policy: between 3 and 6 months expenditure (held: £195k)
“The Trustees do not have a formal reserves policy but, with the assistance of the Finance Team, aim to maintain reserves equating to between 3 and 6 months expenditure.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Rev Andy Morgan received gross remuneration of £37,403 and pension contributions of £2,805.
“Rev Andy Morgan, a Trustee, received gross remuneration of £37,403 (2023: £35,973) and pension contributions (excluding deficit contributions) of £2,805 (2023: £2,408) during the year in his employed capacity of Senior Minister.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee remuneration
“Rev Andy Morgan, a Trustee, received gross remuneration of £37,403 (2023: £35,973) and pension contributions (excluding deficit contributions) of £2,805 (2023: £2,408) during the year in his employed capacity of Senior Minister.” — page 29
“The Trustees gave a total of £15,632 (2023: £11,985) in unrestricted offerings and donations during the year.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations
“Rev Andy Morgan, a Trustee, received gross remuneration of £37,403 (2023: £35,973) and pension contributions (excluding deficit contributions) of £2,805 (2023: £2,408) during the year in his employed capacity of Senior Minister.” — page 29
“The Trustees gave a total of £15,632 (2023: £11,985) in unrestricted offerings and donations during the year.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Griffin Stone Moscrop & Co.

Trustees

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

Operates in: Enfield

Income and spending

Financial year endIncomeSpending
31/12/2024£282k£308k
31/12/2023£362k£280k
31/12/2022£228k£231k
31/12/2021£235k£340k
31/12/2020£221k£267k

Common questions

Is ENFIELD BAPTIST CHURCH financially healthy?

The accounts state that unrestricted general funds recorded a deficit of £14,241 in 2024, resulting in a decrease in total reserves of £26,670 for the year. Despite this deficit, the Trustees remain confident in the immediate and medium-term financial outlook, noting that immediately available unrestricted funds of £195,000 equated to 73% of annual unrestricted expenditure. The charity holds total net assets of £4,086,480, including significant property assets. Its FY2024 accounts were audited by Griffin Stone Moscrop & Co.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
BANBURY CHARITIES1£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WAKEFIELD BAPTIST CHURCH.