WOODLEY BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity finished the year in a good financial position with increased savings due to judicious spending and the absence of a minister's salary. Total funds increased to £1,100,920, supported by unrestricted reserves of £1,090,241, while the charity holds a designated fund of £8,748 and restricted funds of £1,931. The trustees confirm adequate resources for the foreseeable future with no material uncertainty.
What the accounts disclose
“The reserves policy for Woodley Baptist Church is to hold the equivalent of three months of all expenditure; plus a further three months staff costs to allow the church to adapt to any changes in the level of income and expenditure of the church.” — page 7
“Graham Sumbler is the Church's Youth and Children's Team Leader. During 2024 he received a salary of £36,054 in his capacity as Youth and Children's Team Leader. In addition, pension contributions of £4,009 in respect of a defined contribution pension scheme were paid.” — page 17
“Graham Sumbler is the Church's Youth and Children's Team Leader. During 2024 he received a salary of £36,054 in his capacity as Youth and Children's Team Leader. In addition, pension contributions of £4,009 in respect of a defined contribution pension scheme were paid.” — page 17
“The Trustees and members of their close family gave a total of £26,670 to the Church during the year ended 31st December 2024. This sum is included within unrestricted offerings and donations.” — page 17
“Graham Sumbler is the Church's Youth and Children's Team Leader. During 2024 he received a salary of £36,054 in his capacity as Youth and Children's Team Leader. In addition, pension contributions of £4,009 in respect of a defined contribution pension scheme were paid.” — page 17
“The Trustees and members of their close family gave a total of £26,670 to the Church during the year ended 31st December 2024. This sum is included within unrestricted offerings and donations.” — page 17
Trustees
- Rev Daniel da Silva Raimundochair
- Andrew Butler
- Dr JANE CHRISTINE VAN ES
- GRAHAM SUMBLER
- Grace Paulette Hope
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £221k | £209k |
| 31/12/2023 | £267k | £214k |
| 31/12/2022 | £210k | £238k |
| 31/12/2021 | £255k | £263k |
| 31/12/2020 | £272k | £361k |
Common questions
Is WOODLEY BAPTIST CHURCH financially healthy?
The accounts state that the charity finished the year in a good financial position with increased savings due to judicious spending and the absence of a minister's salary. Total funds increased to £1,100,920, supported by unrestricted reserves of £1,090,241, while the charity holds a designated fund of £8,748 and restricted funds of £1,931. The trustees confirm adequate resources for the foreseeable future with no material uncertainty. Its FY2024 accounts were independently examined.