HERTFORD BAPTIST CHURCH
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £46,997 for the year, primarily driven by a significant decrease in the value of fixed asset investments. However, the trustees consider the free reserves of £321,505 to be adequate for future purposes, noting that reserves are currently equivalent to just over 11 months of budgeted expenditure, which aligns with their stated policy target of not exceeding 12 months' expenditure.
What the accounts disclose
“The policy is that reserves of unrestricted funds (free reserves) should normally be not less than the equivalent of 3 months’ expenditure and not exceed 12 months’ expenditure.” — page 8
“A payment of £353 was made to the Laurel Education Trust (LET) for the hire of the Simon Balle School hall for a baptismal service. One of the Trustees of Hertford Baptist Church is also a Trustee of LET.” — page 28
“The total amount of donations received without conditions from trustees and connected parties was £35,647 (2024 £20,470).” — page 28
“A payment of £353 was made to the Laurel Education Trust (LET) for the hire of the Simon Balle School hall for a baptismal service. One of the Trustees of Hertford Baptist Church is also a Trustee of LET.” — page 28
“The total amount of donations received without conditions from trustees and connected parties was £35,647 (2024 £20,470).” — page 28
“A payment of £353 was made to the Laurel Education Trust (LET) for the hire of the Simon Balle School hall for a baptismal service. One of the Trustees of Hertford Baptist Church is also a Trustee of LET.” — page 28
“The total amount of donations received without conditions from trustees and connected parties was £35,647 (2024 £20,470).” — page 28
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Trustees
- Claire Mabbett
- Clare Macpherson
- Dr David Elder
- Hannah Harding
- Helen Ruth Ward
- Ian Martin Kittredge Davis
- Michael Clifford
- NIGEL ROBIN HOLLINGSWORTH
- Olufolahan Sanu
- Rev Alan Ward
- Sheila Miriam Knowles
- Tim Simmonds
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £345k | £392k |
| 31/12/2024 | £278k | £398k |
| 31/12/2023 | £425k | £319k |
| 31/12/2022 | £268k | £284k |
| 31/12/2021 | £271k | £318k |
Common questions
Is HERTFORD BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a net deficit of £46,997 for the year, primarily driven by a significant decrease in the value of fixed asset investments. However, the trustees consider the free reserves of £321,505 to be adequate for future purposes, noting that reserves are currently equivalent to just over 11 months of budgeted expenditure, which aligns with their stated policy target of not exceeding 12 months' expenditure. Its FY2025 accounts were audited by SCB (Accountants) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WOODLANDS GROUP OF CHURCHES | 1 | £3k |