LOUGHBOROUGH BAPTIST CHURCH
The church is a centre for Christian Worship and service to the local, national and international community, we seek to serve the young, elderly and hanidicapped in our area and provide accommodation for local groups to meet and develop.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £1,282,153, providing a strong financial base for the charity's operations. The trustees report that the charity is prepared on a going concern basis, with no material uncertainties identified by the independent examiner. The charity maintains a designated reserve of £95,953.73 and has successfully repaid loans for new infrastructure.
What the accounts disclose
“The highest paid employee received a salary of £35,490”
“When the budget for 2025 was prepared we put £30,000 into the budget towards ministry with £30,000 remaining for ministry in 2026.” — page 4
“Rev M Peat, a trustee of the charity, received remuneration of £35,490 and pension payments of £4,337 for their role as a minister.” — page 13
Year-over-year changes
- Top pay band moved from £34,320 (FY2024) to £35,490 (FY2025).
Trustees
- ELAINE GRIMLEY
- Kevin Lewis
- MARGARET THIRLWELL
- Matthew Edward Ridout
- Rev MICHAEL PEAT
- Richard O'Connor
- Shirley Bowler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £230k | £223k |
| 31/12/2024 | £213k | £351k |
| 31/12/2023 | £213k | £192k |
| 31/12/2022 | £216k | £157k |
| 31/12/2021 | £176k | £114k |
Common questions
Is LOUGHBOROUGH BAPTIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds total £1,282,153, providing a strong financial base for the charity's operations. The trustees report that the charity is prepared on a going concern basis, with no material uncertainties identified by the independent examiner. The charity maintains a designated reserve of £95,953.73 and has successfully repaid loans for new infrastructure. Its FY2025 accounts were independently examined.
What does the highest-paid employee of LOUGHBOROUGH BAPTIST CHURCH earn?
Per its FY2025 accounts, the highest-paid employee was in the £35,490 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORWOOD AND NEWTON SETTLEMENT | 1 | £30k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £3k |
Charities like this
- NEW LIFE COMMUNITY CHURCH LOUGHBOROUGH
- RUGBY BAPTIST CHURCH
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS WITH HOLY TRINITY, LOUGHBOROUGH
- LOUGHBOROUGH UNITED REFORMED CHURCH CHARITY
- NEWPORT PAGNELL BAPTIST CHURCH
- ROCHESTER BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LOUGHBOROUGH BAPTIST CHURCH | £230k | £35,490 | 0 | unclear | — | no doubt |
| NEW LIFE COMMUNITY CHURCH LOUGHBOROUGH | £229k | — | 0 | unclear | — | no doubt |
| RUGBY BAPTIST CHURCH | £240k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS WITH HOLY TRINITY, LOUGHBOROUGH | £281k | — | 0 | above | — | no doubt |
| LOUGHBOROUGH UNITED REFORMED CHURCH CHARITY | £127k | — | 0 | unclear | — | no doubt |
| NEWPORT PAGNELL BAPTIST CHURCH | £777k | — | 0 | unclear | — | no doubt |