RAYLEIGH BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds decreased from £197,762 to £173,961, resulting in a net movement in funds of a deficit of £259,869 for the year. The trustees report that general giving continued remarkably well despite pressures from the Base Refurbishment Project, and they maintain a reserves policy target of approximately three months of committed expenditure.
What the accounts disclose
“The trustees aim to hold General Fund free reserves of approximately 3 months of committed expenditure.” — page 7
“During the year, the charity received donations of £43,855 (2023: £58,481) from Trustees and their related parties.” — page 26
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Rev Ricky Rewchair
- Andy Clark
- Belinda Dolan
- Carol Jones
- Darren Stainer
- IAN ROBERT DOUGLAS
- LINDA HARRISON
- Louise Susan Hodson
- Lynn John Dobson
- Michelle Dorrington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £394k | £654k |
| 31/12/2023 | £554k | £964k |
| 31/12/2022 | £288k | £442k |
| 31/12/2021 | £248k | £245k |
| 31/12/2020 | £279k | £245k |
Common questions
Is RAYLEIGH BAPTIST CHURCH financially healthy?
The accounts state that total unrestricted funds decreased from £197,762 to £173,961, resulting in a net movement in funds of a deficit of £259,869 for the year. The trustees report that general giving continued remarkably well despite pressures from the Base Refurbishment Project, and they maintain a reserves policy target of approximately three months of committed expenditure. Its FY2024 accounts were independently examined.
Who funds RAYLEIGH BAPTIST CHURCH?
Funders whose own accounts filings name RAYLEIGH BAPTIST CHURCH as a grant recipient include FOWLER SMITH AND JONES TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| FOWLER SMITH AND JONES TRUST | FY2025 | £20k |
| FOWLER SMITH AND JONES TRUST | FY2024 | £20k |