QUEENS ROAD BAPTIST CHURCH BROADSTAIRS
Latest income
£402k
Latest spending
£338k
Registered
2009
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds stood at £1,253,600 against a reserves policy target of £17,000, indicating a significant surplus above the stated policy. The trustees confirmed adequate resources for going concern, and the independent examiner reported no matters requiring attention.
What the accounts disclose
Reserves policy: £17,000 (held: £1.3m)
“The Church aims to retain £17,000 to cover future outgoings.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: S Hearle received remuneration of £26,006 and other benefits totalling £2,714. C Mattewson received remuneration of £27,825 and other benefits totalling £3,034.
“S Hearle had remuneration of £26,006 and other benefits totalling £2,714. C Mattewson had remuneration of £27,825 and other benefits totalling £3,034.” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Pension scheme deficit: £84.0m
“The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £84 million” — page 19
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Andrew Hooper
- Christopher John James Matthewman
- GILLIAN CORKER
- Ian Hooper
- Kathryn Louise Martin
- Marianne Hooper
- Natasha Leanne Jones
- Peter Verrall
- Rev SAMUEL HEARLE
- Roy Corker
- Samuel Boyce
- Timothy Douglas Alexander Jameson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £402k | £338k |
| 31/12/2023 | £313k | £312k |
| 31/12/2022 | £263k | £283k |
| 31/12/2021 | £251k | £234k |
| 31/12/2020 | £249k | £264k |
Common questions
Is QUEENS ROAD BAPTIST CHURCH BROADSTAIRS financially healthy?
The accounts state that unrestricted funds stood at £1,253,600 against a reserves policy target of £17,000, indicating a significant surplus above the stated policy. The trustees confirmed adequate resources for going concern, and the independent examiner reported no matters requiring attention. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE FYRISH FOUNDATION | 1 | £31k |