EAST LONDON TABERNACLE BAPTIST CHURCH

Registered charity 1128266 · accounts filings on the Charity Commission register · also known as ELT BAPTIST CHURCH

ELT Baptist Church's primary objective is the advancement of the Christian faith both in the United Kingdom and overseas by teaching the Bible and promoting prayer and fellowship amongst believers. It also seeks the advancement for public benefit of religious education and the care of the aged, poor, sick and disabled.

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£477k

Latest spending

£394k

Registered

2009

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £83,356 for the year ended 31 December 2024, with total net assets increasing to £4,542,391. Free reserves stood at £533,093, which the trustees confirmed were in excess of their stated policy target of six months' routine general fund expenditure. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: approximately 6 months’ routine general fund expenditure, plus committed future expenditure on other projects (held: £533k)

“The Trustees considers that, given the nature of the church’s work, free reserves should be equivalent to approximately 6 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit.” — page 7

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Trustee donations

“The Trustees gave a total of £ 26,325 (2023: £20,934) in unrestricted offerings and donations during the year.” — page 24

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Xeinadin Audit Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2023)

Total income

£687k

Total spending

£415k

Cost of raising funds

£10k

Reserves (reported)

£198k

Employees

Reported reserves equal ~5.7 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (90% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.4% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

ADEKUNLE OLUFEMI ADEOYE · trustee of 1 other charity
Colin Jaques · trustee of 1 other charity
Marc Lapointe · trustee of 1 other charity
Nathanael Evans · trustee of 1 other charity
Raymond Anthony Brown · trustee of 1 other charity

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

Operates in: Tower Hamlets

Income and spending

Financial year end	Income	Spending
31/12/2024	£477k	£394k
31/12/2023	£687k	£415k
31/12/2022	£320k	£324k
31/12/2021	£308k	£288k
31/12/2020	£342k	£333k

Common questions

Is EAST LONDON TABERNACLE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £83,356 for the year ended 31 December 2024, with total net assets increasing to £4,542,391. Free reserves stood at £533,093, which the trustees confirmed were in excess of their stated policy target of six months' routine general fund expenditure. The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Xeinadin Audit Limited.

Charities like this

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

EASTLEIGH BAPTIST CHURCH income £469k
EAST DULWICH TABERNACLE BAPTIST CHURCH income £102k
PRAISE TABERNACLE income £447k
BETHEL BAPTIST CHURCH FARNHAM income £166k
HERTFORD BAPTIST CHURCH income £345k
WOODBRIDGE QUAY CHURCH income £248k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
EAST LONDON TABERNACLE BAPTIST CHURCH	£477k	—	above	—	no doubt
EASTLEIGH BAPTIST CHURCH FY2025	£469k	—	above	—	no doubt
EAST DULWICH TABERNACLE BAPTIST CHURCH FY2024	£102k	—	unclear	—	no doubt
PRAISE TABERNACLE FY2024	£447k	—	unclear	—	no doubt
BETHEL BAPTIST CHURCH FARNHAM FY2025	£166k	£41,200	above	—	no doubt
HERTFORD BAPTIST CHURCH FY2025	£345k	—	within	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.