PINHOE ROAD BAPTIST CHURCH, EXETER
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £78,753, resulting in total reserves rising to £184,445. Per the trustees' report, unrestricted reserves of £143,000 are significantly above the stated policy target of £65,000, covering six months of fixed costs. The financial position is described as healthy with no material uncertainties regarding continuing operations.
What the accounts disclose
“The trustees’ aim is to maintain a working balance sufficient to be able to cover our legal financial commitments for a period of 6 months. This would include our Ministers salary, NI contributions and pension contributions plus covering utility bills for the Manse and the Church and to maintain adequate buildings insurance cover.”
“Our Pastor, George Baker, received stipend, heating allowance and reimbursement of expenses and our Treasurer, Chris Gardner, received reimbursement of expenses relating to equipment purchases.” — page 24
“Our Pastor, George Baker, received stipend, heating allowance and reimbursement of expenses and our Treasurer, Chris Gardner, received reimbursement of expenses relating to equipment purchases. No contribution or reimbursement of expenses in respect of services provided by the Trustees has been made during the year.” — page 24
Trustees
- Amanda Louise Grainger
- BRUCE MACPHERSON
- Jordan Thompson
- Malcolm John Partridge
- Rev George Peter Baker
- Thomas Edgar Salt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £211k | £167k |
| 31/12/2024 | £218k | £140k |
| 31/12/2023 | £171k | £147k |
| 31/12/2022 | £151k | £126k |
| 31/12/2021 | £190k | £415k |
Common questions
Is PINHOE ROAD BAPTIST CHURCH, EXETER financially healthy?
The accounts state that the charity generated a surplus of £78,753, resulting in total reserves rising to £184,445. Per the trustees' report, unrestricted reserves of £143,000 are significantly above the stated policy target of £65,000, covering six months of fixed costs. The financial position is described as healthy with no material uncertainties regarding continuing operations. Its FY2024 accounts were independently examined.