CHATSWORTH BAPTIST CHURCH
Financial health, per its FY2025 accounts
The accounts state that the charity transferred its assets and liabilities to a new Charitable Incorporated Organisation (CIO) on 1 October 2025, resulting in the unincorporated charity ceasing to be a going concern. Per the trustees' report, the new charity has adequate resources to continue operational existence, although it relies on large gifts from a small number of members and carries substantial debt.
What the accounts disclose
“The Church seeks to retain reserves in the General Fund equal to approximately three months’ expenditure.” — page 5
“The financial statements have therefore been prepared on a basis other than that of a going concern.” — page 8
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £342k | £325k |
| 30/09/2024 | £285k | £295k |
| 30/09/2023 | £289k | £304k |
| 30/09/2022 | £369k | £212k |
| 30/09/2021 | £272k | £202k |
Common questions
Is CHATSWORTH BAPTIST CHURCH financially healthy?
The accounts state that the charity transferred its assets and liabilities to a new Charitable Incorporated Organisation (CIO) on 1 October 2025, resulting in the unincorporated charity ceasing to be a going concern. Per the trustees' report, the new charity has adequate resources to continue operational existence, although it relies on large gifts from a small number of members and carries substantial debt. Its FY2025 accounts were audited by Xeinadin Audit Ltd.