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WALDERSLADE BAPTIST CHURCH

Registered charity 1130665 · accounts filings on the Charity Commission register

Latest income
£153k
Latest spending
£164k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's total income for the year was £152,856, with total payments of £163,716, resulting in a net decrease in funds of £10,860. Per the trustees' report, the charity aims to maintain reserves equivalent to two months of expenditure for the main church and three months for the pre-school, with unrestricted reserves held in CAF accounts totaling £13,654 and designated funds in Smilers totaling £41,981.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Aim to keep 2 months expenditure as reserves for main Church and 3 months expenditure for Smilers Pre-School.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Stephen Roe is the Minister and receives stipend/expenses; also Chair of Smilers Pre-School Committee.
“Stephen Roe - Chair / Church Minister” — page 2
“Church worker - admin & pastoral” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Lisa Arnold is a Church worker receiving stipend/expenses.
“Stephen Roe - Chair / Church Minister” — page 2
“Church worker - admin & pastoral” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Smilers Pre-School is a related entity staffed by church trustees and staff, with fees paid to the church.
“Stephen Roe - Chair / Church Minister” — page 2
“Church worker - admin & pastoral” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Kent · Medway

Income and spending

Financial year endIncomeSpending
31/12/2024£153k£164k
31/12/2023£156k£156k
31/12/2022£144k£153k
31/12/2021£166k£153k
31/12/2020£144k£139k

Common questions

Is WALDERSLADE BAPTIST CHURCH financially healthy?

The accounts state that the charity's total income for the year was £152,856, with total payments of £163,716, resulting in a net decrease in funds of £10,860. Per the trustees' report, the charity aims to maintain reserves equivalent to two months of expenditure for the main church and three months for the pre-school, with unrestricted reserves held in CAF accounts totaling £13,654 and designated funds in Smilers totaling £41,981. Its FY2024 accounts were independently examined.

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