ORPINGTON BAPTIST CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity reported an excess of expenditure over income of £35,000 for the year, which the trustees attribute to the proper utilization of legacies received in the previous year. Despite this deficit, the charity maintains sound finances with £236,000 in bank accounts and holds unrestricted reserves of £216,436, which exceeds its stated policy target of £100,000.
What the accounts disclose
“The trustees have a reserve policy to hold £100,000 held between a Major Project Reserve for major property events and a General Fund for other major costs.” — page 4
“OBC's deemed current share of the deficit at 22 June 2022 was £17,900 (2021 £47,900, 2020 £76,200, 2019 £76,300, 2018 £115,900) which is subject to revision dependent on subsequent valuations.”
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (05/08/2026)
Trustees
- Philip Robert Dyalchair
- Aderemi Omowunmi Adesina
- Caroline Percy
- EKUA STEPHEN
- Elizabeth Sarah Salins
- FRANCESCA ELLIOTT
- Helen Ruth Pourak
- KENDRICK GERARD VICTOR REEVES-MORRIS
- PAUL COOKE
- Stacy Yee Wong
- Timothy Olalekan Williams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £806k | £388k |
| 31/12/2023 | £319k | £355k |
| 31/12/2022 | £489k | £380k |
| 31/12/2021 | £274k | £347k |
| 31/12/2020 | £274k | £331k |
Common questions
Is ORPINGTON BAPTIST CHURCH financially healthy?
The accounts state that the charity reported an excess of expenditure over income of £35,000 for the year, which the trustees attribute to the proper utilization of legacies received in the previous year. Despite this deficit, the charity maintains sound finances with £236,000 in bank accounts and holds unrestricted reserves of £216,436, which exceeds its stated policy target of £100,000. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REGIONS BEYOND UK | 1 | £6k |
| NORMAN WHITELEY TRUST | 1 | £2k |