ASHFORD BAPTIST CHURCH, KENT
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £43,060 for the year, resulting in a decrease in total funds from £300,155 to £257,095. Per the trustees' report, unrestricted funds decreased to £151,918, while the charity holds significant cash balances and owns property with insurance values totalling £5.2m. The independent examiner confirmed that no material matters came to attention regarding the accounts' compliance or accuracy.
What the accounts disclose
“The Ministers act as church trustees in accordance with the Constitution and received remuneration of £26,396 and other benefits in respect of their services as Ministers, including the provision of manse accommodation owned by the church.” — page 14
Trustees
- Chau Yuk Liu
- Jamie Phipps
- Olorunfemi Anu Akinola
- Omole Ayeni
- Peter Mellowship
- Pieter-Hendrik Green
- Stephen Ley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £146k | £189k |
| 31/12/2023 | £155k | £184k |
| 31/12/2022 | £140k | £155k |
| 31/12/2021 | £146k | £230k |
| 31/12/2020 | £174k | £178k |
Common questions
Is ASHFORD BAPTIST CHURCH, KENT financially healthy?
The accounts state that the charity reported a net expenditure of £43,060 for the year, resulting in a decrease in total funds from £300,155 to £257,095. Per the trustees' report, unrestricted funds decreased to £151,918, while the charity holds significant cash balances and owns property with insurance values totalling £5.2m. The independent examiner confirmed that no material matters came to attention regarding the accounts' compliance or accuracy. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £4k |