NEW MALDEN BAPTIST CHURCH
The principal activity of New Malden Baptist Church is the advancement of the Christian faith. Sunday services provide the main focus of worship as a Church and we also aim to provide a range of mid-week meetings and activities for people of all ages, many of these from outside the church, Parent & Toddler group, Alpha courses for those enquiring about Christianity, and Youth and Children's work,
Financial health, per its FY2024 accounts
The accounts state that the charity holds total reserves of £4,666,653, with the majority held in fixed assets and a small restricted balance. The trustees report a net surplus for the year, supported by a substantial one-off gift and rental income, while noting that the strong balance sheet mitigates risks associated with potential future deficits.
What the accounts disclose
“The church’s policy is to hold sufficient reserves to cover the cost of any redundancy reserves in accordance with Baptist Union advice against the eventuality of a sudden and significant drop in the church’s income which could result in the need to make redundancy payments to staff.”
Trustees
- SIMON MARK BRAMWELLchair
- Colin Lawrence Mumford
- Derek Clive Macallan
- Emma Jane Parker
- Hazel Anne Emmett
- Huw Daniel
- Ian Theodore Fifield
- Jung Aun Reggio
- Keren Denise Holding
- Lynda Wylie
- Mahilrajan Frederick Thevasagaym
- Roger Malcolm Pearce
- Steven William Barr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £302k | £297k |
| 31/12/2023 | £292k | £275k |
| 31/12/2022 | £273k | £225k |
| 31/12/2021 | £238k | £238k |
| 31/12/2020 | £266k | £244k |
Common questions
Is NEW MALDEN BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total reserves of £4,666,653, with the majority held in fixed assets and a small restricted balance. The trustees report a net surplus for the year, supported by a substantial one-off gift and rental income, while noting that the strong balance sheet mitigates risks associated with potential future deficits. Its FY2024 accounts were audited by Xeinadin Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORWOOD AND NEWTON SETTLEMENT | 1 | £30k |
Charities like this
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, MALDEN
- THE NEW LIFE CHURCH, WOKING
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH & ST JOHN'S
- NEW LIFE BAPTIST CHURCH KINGS HEATH
- Emmanuel Baptist Church Thamesmead
- NEWPORT PAGNELL BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW MALDEN BAPTIST CHURCH | £302k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, MALDEN | £178k | — | 0 | unclear | — | no doubt |
| THE NEW LIFE CHURCH, WOKING | £410k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH & ST JOHN'S | £433k | — | 0 | above | — | no doubt |
| NEW LIFE BAPTIST CHURCH KINGS HEATH | £286k | — | 0 | unclear | — | no doubt |
| Emmanuel Baptist Church Thamesmead | £113k | — | 0 | unclear | — | no doubt |