SUTTON BAPTIST CHURCH
Latest income
£163k
Latest spending
£155k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted general reserves stood at £65,492, which is within the stated policy target range of £39,000 to £78,000. The charity reported a net income increase of £8,163 for the year, supported by stable income streams from lettings and donations, while maintaining adequate resources for foreseeable operations.
What the accounts disclose
Reserves policy: three to six months operating expenditure (£39,000 - £78,000) (held: £65k)
“The reserves policy calls for reserves to be held in the general funds (unrestricted funds) in the range of three to six months operating expenditure. Based on the total expenditure this would be a financial range of between £39,000 and £78,000.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: The only employee during the year was the minister, Rev P Searle who is also a trustee. Rev P Searle benefitted from the salary and pension contributions referred to in the above table for serving as minister, not for serving as a trustee; these payments are permitted by the charity's governing document.
“The only employee during the year was the minister, Rev P Searle who is also a trustee. Rev P Searle benefitted from the salary and pension contributions referred to in the above table for serving as minister, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“During the year the charity received donations totalling £9,826 (2023: £13,790) from related parties (which includes trustees, key management and anyone closely connected to them). Except for the reimbursement of expenses incurred when acting as agent for the charity, or incurred when undertaking clergy duties, no expenses were paid to (or for) the trustees.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Rev Pamela Leonora Searlechair
- CAROLYN GRAHAM
- Josephine Anne-Marie Costigan
- Kelton Paul
- Lilian Moore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £163k | £155k |
| 31/12/2023 | £148k | £159k |
| 31/12/2022 | £120k | £148k |
| 31/12/2021 | £109k | £102k |
| 31/12/2020 | £115k | £107k |
Common questions
Is SUTTON BAPTIST CHURCH financially healthy?
The accounts state that unrestricted general reserves stood at £65,492, which is within the stated policy target range of £39,000 to £78,000. The charity reported a net income increase of £8,163 for the year, supported by stable income streams from lettings and donations, while maintaining adequate resources for foreseeable operations. Its FY2024 accounts were independently examined.