LOUGHBOROUGH BAPTIST CHURCH
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,282,153, with a further £95,953 held in a fixed account with Baptists Together. The trustees note that the budget included £30,000 for ministry in 2025 and £30,000 remaining for 2026, indicating a planned surplus position relative to their stated budgeting.
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 Under £20,000 (FY2024) to £30,001 - £40,000 (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?
The accounts state that unrestricted reserves stood at £1,282,153, with a further £95,953 held in a fixed account with Baptists Together. The trustees note that the budget included £30,000 for ministry in 2025 and £30,000 remaining for 2026, indicating a planned surplus position relative to their stated budgeting. 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 £30,001 - £40,000 band.