Emmanuel Baptist Church Thamesmead
Financial health, per its FY2024 accounts
The accounts state that the charity held net free reserves of £107,325, which significantly exceeds the trustees' stated policy requirement of six months' budgeted routine expenditure (£30,000). The charity reported a net movement in funds of £26,461 for the year, funded primarily by donations and other trading activities, indicating stable operational liquidity.
What the accounts disclose
Trustees
- Rev ANGELA BACONchair
- Emmanuel Ogunsanwo
- Eric Engmann
- JANET GINA CROUCHER
- Johnson Yeboah Afari
- Peter Musembi
- Rebecca George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £113k | £137k |
| 31/03/2024 | £132k | £127k |
| 31/03/2023 | £142k | £99k |
| 31/03/2022 | £135k | £99k |
| 31/03/2021 | £133k | £99k |
Common questions
Is Emmanuel Baptist Church Thamesmead financially healthy?
The accounts state that the charity held net free reserves of £107,325, which significantly exceeds the trustees' stated policy requirement of six months' budgeted routine expenditure (£30,000). The charity reported a net movement in funds of £26,461 for the year, funded primarily by donations and other trading activities, indicating stable operational liquidity. Its FY2024 accounts were independently examined.