ABBEY ROAD BAPTIST CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £28,786 for the year ended 31 December 2023, with total unrestricted income rising to £277,091 primarily from hostel rents. Per the trustees' report, unrestricted funds stood at £408,505, and the trustees confirmed the charity has adequate resources to continue as a going concern with accommodation at full capacity.
What the accounts disclose
“During the year, Rev Iain Batty incurred expenses on behalf of Abbey Road Baptist Church of £27,499 (2022: £16,140). The total cost to the charity in the year of the maintenance, including utility costs, of the manse, being the accommodation provided to Rev. Batty, was £9,203 (2022: £24,235). Motor vehicle expenses of £4,113 (2022:£6,517) in relation to the car provided to Rev. Batty are included in Church travel and motor expenses.” — page 17
Trustees
- Rev IAIN LOVEL BATTYchair
- Amir Arjomand
- Sylvia Trotter
- Tursunbubu Emmott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £293k | £315k |
| 31/12/2023 | £277k | £248k |
| 31/12/2022 | £210k | £246k |
| 31/12/2021 | £170k | £235k |
| 31/12/2020 | £187k | £228k |
Common questions
Is ABBEY ROAD BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a net surplus of £28,786 for the year ended 31 December 2023, with total unrestricted income rising to £277,091 primarily from hostel rents. Per the trustees' report, unrestricted funds stood at £408,505, and the trustees confirmed the charity has adequate resources to continue as a going concern with accommodation at full capacity. Its FY2023 accounts were independently examined.