SEAFORD BAPTIST CHURCH
Latest income
£398k
Latest spending
£369k
Registered
2009
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves now exceed the policy target of three months of annual expenditure, following a return to surplus in the current year. The charity reports adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Reserves policy: 25% (i.e. three months) of annual expenditure (held: £137k)
“the amount of unrestricted reserves now exceeds the level agreed in 2023 of 25% (i.e. three months) of annual expenditure.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: The Minister was paid a salary of £33,457 and pension of £4,528. He was also paid a manse allowance of £12,680.
“The Minister was paid a salary of £33,457 (2023: £31,675) and pension of £4,528 (2023: £3,586) for this. In addition he was paid a manse allowance of £12,680 (2023: £12,537) in accordance with the usual practice of providing clergy accommodation.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (27/01/2025)
- Received assets from another charity (10/12/2024)
Trustees
- Angela Janet Ayres
- James Howell
- Jeffrey Peter Herring
- Kevin Graham Gardener
- Penelope Ann Smoker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £398k | £369k |
| 31/12/2024 | £337k | £328k |
| 31/12/2023 | £298k | £327k |
| 31/12/2022 | £422k | £290k |
| 31/12/2021 | £261k | £276k |
Common questions
Is SEAFORD BAPTIST CHURCH financially healthy?
The accounts state that unrestricted reserves now exceed the policy target of three months of annual expenditure, following a return to surplus in the current year. The charity reports adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were independently examined.