BRIGHTON ROAD BAPTIST CHURCH, HORSHAM
Financial health, per its FY2024 accounts
The accounts state that the charity holds liquid assets in excess of its reserves policy target, with unrestricted funds carried forward totalling £1,076,859. The charity reports a net movement in funds of £44,644 for the year, driven by incoming resources of £389,465 against resources expended of £344,821. Per the trustees' report, the church is heavily dependent on volunteers and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Under this policy the Church aims to keep an amount equal to the greater of • 1/12th of the budgeted annual expenditure during the year, and • The difference between the budgeted annual levels of o 9/12 of expenditure associated with employees, 6/12 of expenditure to BMS World Mission and Home Mission Fund and 3/12 of all other expenditure, and o 6/12 of the annual income received through offerings and tax recovery in the previous financial year.”
“The Ministers act as church trustees in accordance with the Trust deed. They received remuneration of £39,204 (2023: £36,330) (Rev Carter) and £33,290 (2023: £30,753) (Rev Hogg) and other benefits including the provision of manse accommodation, in respect of their services as Ministers.” — page 13
“The church made a gift to the Baptist Union Home Mission Fund of £12,040 (2023: £13,440).” — page 16
Register events
- Received assets from another charity (20/02/2024)
Trustees
- Adrian Rudd
- Allan Edmondston
- Ann Doreen Muggeridge
- David Arthur Wickersham
- Elena Vladutu
- Julie Rudd
- Louise Carter
- MARION ELIZABETH RICHARDSON
- Rev Michael Hogg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £244k | £322k |
| 31/08/2024 | £389k | £345k |
| 31/08/2023 | £272k | £298k |
| 31/08/2022 | £252k | £291k |
| 31/08/2021 | £226k | £259k |
Common questions
Is BRIGHTON ROAD BAPTIST CHURCH, HORSHAM financially healthy?
The accounts state that the charity holds liquid assets in excess of its reserves policy target, with unrestricted funds carried forward totalling £1,076,859. The charity reports a net movement in funds of £44,644 for the year, driven by incoming resources of £389,465 against resources expended of £344,821. Per the trustees' report, the church is heavily dependent on volunteers and has no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.