THATCHAM BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that total income was £149,532 against total expenditure of £158,404, resulting in a decrease in reserves of £8,872. Per the trustees' report, the church formalized a reserves policy to maintain four months of predicted general fund expenses, and the money carried forward into 2025 exceeds this figure, leading the trustees to believe it has enough financial reserve to continue viable operation.
What the accounts disclose
“Around the end of 2024 and start of 2025 the church formalised a reserves policy which states that it will seek to maintain 4 months of predicted general fund expenses in hand.” — page 6
Trustees
- Andrew Kerr
- Anne Rosemary Stopher
- Carol Collis
- Chun Kit Wendell Lam
- David James Carter
- Elizabeth Joy Spencer
- Margaret Mary MacGregor MacGregor
- Rev DAVID JOHN SHEER TAYLOR
- Robin Grahame Appleby
- Stephen John Goss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £150k | £158k |
| 31/12/2023 | £143k | £118k |
| 31/12/2022 | £136k | £126k |
| 31/12/2021 | £115k | £109k |
| 31/12/2020 | £120k | £101k |
Common questions
Is THATCHAM BAPTIST CHURCH financially healthy?
The accounts state that total income was £149,532 against total expenditure of £158,404, resulting in a decrease in reserves of £8,872. Per the trustees' report, the church formalized a reserves policy to maintain four months of predicted general fund expenses, and the money carried forward into 2025 exceeds this figure, leading the trustees to believe it has enough financial reserve to continue viable operation. Its FY2024 accounts were independently examined.