DIDCOT BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £704,170, which the Trustees consider sufficient to cover ten months of expenditure against a policy target of three months. The charity reports a net income surplus of £8,598 for the year, supported by strong cash balances and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees have established a Reserves Policy that requires a minimum of three months’ expenditure be held in General Reserves at any time.” — page 6
“In 2024, Rev Brown received remuneration of £40,693 (2023: £37,559) in respect of her services as Minister. £16,134 was paid to the Greater Didcot Christian Children and Youthwork Trust (2023: £14,951) for the services of Hannah Field as the part-time Children and Youth Director.” — page 14
“The church made a grant of £8,260 to the charity (2023: £3,000). The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.” — page 17
“The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.”
“The church made a grant of £8,260 to the charity (2023: £3,000). The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.” — page 17
“The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.”
“The church made a grant of £8,260 to the charity (2023: £3,000). The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.” — page 17
“The church also paid the charity £16,134 (2023: £14,951) for the services of Hannah Field as Children and Youth Director.”
Trustees
- David Joseph Eaton
- GEORGE ROBERT FERGUSON
- Hannah Field
- James Alistair Brown
- Joanna Schuder
- Joyce Edith Brown
- Julie Excell
- Karen Julie Marriott
- Martin Clegg
- Rev Mark David Grant-Jones
- Ross Daniel Piner
- Sara Matilda Tabitha Green
- Sebastian Campanella
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £226k | £217k |
| 31/12/2023 | £274k | £212k |
| 31/12/2022 | £255k | £227k |
| 31/12/2021 | £237k | £219k |
| 31/12/2020 | £444k | £729k |
Common questions
Is DIDCOT BAPTIST CHURCH financially healthy?
The accounts state that unrestricted reserves stood at £704,170, which the Trustees consider sufficient to cover ten months of expenditure against a policy target of three months. The charity reports a net income surplus of £8,598 for the year, supported by strong cash balances and no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.