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ARARAT BAPTIST CHURCH

Registered charity 1132808 · accounts filings on the Charity Commission register

Latest income
£327k
Latest spending
£585k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an overall deficit in movement of funds of £258,117 for the year ended 31 December 2024, driven largely by significant building works funded by legacies. However, per the trustees' report, the actual operational deficit for the Church itself was only £13,215, and total reserves stood at £3,270,196, which the Trustees regard as satisfactory against their policy target of £50,000.

What the accounts disclose

Reserves policy: at least £50,000 which would cover three months of essential expenditure (held: £3.3m)
“During 2025, the Trustees have reviewed and updated the Financial Reserves policy to state that they considered it prudent to hold a reserve of at least £50,000 which would cover three months of essential expenditure.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Rev Gethin Russell-Jones (Trustee) received remuneration totalling £39,540 for his services as Minister.
“Rev Gethin Russell-Jones (Trustee) received remuneration (including gross salary, employer's national insurance and employer's pension contributions) totalling £39,540 (2023 £46,777) for his services as Minister during the year.” — page 22
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Bevan Buckland LLP.

Structured financials (annual return, FY ending 31/12/2021)

Total income
£585k
Total spending
£269k
Reserves (reported)
£35k
Employees
6

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cardiff

Income and spending

Financial year endIncomeSpending
31/12/2024£327k£585k
31/12/2023£269k£375k
31/12/2022£242k£259k
31/12/2021£585k£269k
31/12/2020£200k£286k

Common questions

Is ARARAT BAPTIST CHURCH financially healthy?

The accounts state that the charity reported an overall deficit in movement of funds of £258,117 for the year ended 31 December 2024, driven largely by significant building works funded by legacies. However, per the trustees' report, the actual operational deficit for the Church itself was only £13,215, and total reserves stood at £3,270,196, which the Trustees regard as satisfactory against their policy target of £50,000. Its FY2024 accounts were audited by Bevan Buckland LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
The Teesside Charity1£5k
WOODLANDS GROUP OF CHURCHES1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HERTFORD BAPTIST CHURCH.