WESTBURY-ON-TRYM BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £40,888 for the year ended 31 December 2024, resulting in a decrease in total funds from £764,773 to £715,560. The trustees note that they are seeking to increase donations while managing expenditure to increase free reserves over time, and a Financial Review and Opportunities Group was established to address the financial deficit. Despite the deficit, the charity holds significant unrestricted net current assets of £276,305 and tangible fixed assets of £439,254.
What the accounts disclose
“As allowed by the constitution, James Watson was renumerated £32,464 for his work as Minister (2023: £30,081).” — page 15
“We currently pay rent to James Watson, our minister, and his wife for the use of their house as the Manse.” — page 6
“The pre-school paid rent to the church during the period to 31 December 2024 of £16000 for use of its premises.” — page 18
“We currently pay rent to James Watson, our minister, and his wife for the use of their house as the Manse.” — page 6
“The pre-school paid rent to the church during the period to 31 December 2024 of £16000 for use of its premises.” — page 18
Trustees
- Alison Heard
- David Murray
- James Thomas Thorp
- Moira Nicoll
- Rev James Watson
- Ruth Davies
- Sarah Brain
- Stewart Jolly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £191k | £237k |
| 31/12/2023 | £197k | £210k |
| 31/12/2022 | £170k | £192k |
| 31/12/2021 | £165k | £161k |
| 31/12/2020 | £163k | £171k |
Common questions
Is WESTBURY-ON-TRYM BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a net deficit of £40,888 for the year ended 31 December 2024, resulting in a decrease in total funds from £764,773 to £715,560. The trustees note that they are seeking to increase donations while managing expenditure to increase free reserves over time, and a Financial Review and Opportunities Group was established to address the financial deficit. Despite the deficit, the charity holds significant unrestricted net current assets of £276,305 and tangible fixed assets of £439,254. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Teesside Charity | 1 | £5k |