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WHETSTONE BAPTIST CHURCH

Registered charity 1130585 · accounts filings on the Charity Commission register · also known as WBC

Christian church of the Baptist denomination

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£623k
Latest spending
£657k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £34,152 for the year ended 31 December 2024, resulting in total funds decreasing from £5,204,418 to £5,170,266. Per the trustees' report, the charity holds unrestricted reserves of £1,639,296 and maintains a reserves policy targeting three months of staff costs, which the trustees consider adequate to meet commitments.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of staff cost (held: £1.6m)
“The Trustees agree to hold minimum reserves equivalent to 3 months' staff cost” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loans from Trustees
“During the year, £nil (2023: £nil) of loans were received without conditions from the Trustees among which £33,000 (2023: £41,000) was repaid in the year. The amounts outstanding to Trustees at the year end was £nil (2023: £43,000). The total amount of donations received without conditions from Trustees was £47,085 in the year.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: WBC Design Co Ltd
“The Church has established a Limited Company, WBC Design Co Ltd (08509454) to act as a vehicle to manage the construction.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by The Rowleys Partnership Limited. Discloses 5 of 6 completeness components.

Corporate structure

WBC DESIGN CO LTD — per its own Companies House accounts
  • The document does not disclose any intra-group transactions or balances. The only potential link is the shared address of the accountants (The Rowleys Partnership Ltd) and the parent charity's likely location, but no financial intra-group data is present.

Public fundraising profile: JustGiving — Whetstone Baptist Church (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£623k
Total spending
£657k
Reserves (reported)
£1.6m
Employees
17

Reported reserves equal ~29.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (64% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicester City · Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£623k£657k
31/12/2023£1.7m£638k
31/12/2022£578k£632k
31/12/2021£674k£369k
31/12/2020£630k£343k

Common questions

Is WHETSTONE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £34,152 for the year ended 31 December 2024, resulting in total funds decreasing from £5,204,418 to £5,170,266. Per the trustees' report, the charity holds unrestricted reserves of £1,639,296 and maintains a reserves policy targeting three months of staff costs, which the trustees consider adequate to meet commitments. Its FY2024 accounts were audited by The Rowleys Partnership Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE THOMPSON6 CHARITABLE TRUST1£24k
THE LAWSON TRUST CIO1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WEALDSTONE BAPTIST CHURCH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WHETSTONE BAPTIST CHURCH£623k—0unclear—no doubt
WEALDSTONE BAPTIST CHURCH FY2025£195k—0above—no doubt
WHITTON BAPTIST CHURCH FY2025£109k—0above—no doubt
CENTRAL BAPTIST CHURCH WALTHAMSTOW FY2024£126k—0unclear—no doubt
WESTBURY-ON-TRYM BAPTIST CHURCH FY2025£227k—0unclear—no doubt
MAIDSTONE BAPTIST CHURCH FY2024£144k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.