AKEMAN STREET BAPTIST CHURCH
To provide for the spiritual and pastoral needs of the community
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITH ACCORDING TO BAPTIST PRINCIPLES AND IN ACCORDANCE WITH THE BASIS OF FAITH AS STATED IN SCHEDULE 1. THE CHARITY MAY ALSO CARRY OUT OTHER CHARITABLE PURPOSES IN THE UNITED KINGDOM AND/OR OTHER PARTS OF THE WORLD.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £18k for the year ended 31 December 2024, with total expenditure of £170k exceeding income of £153k. Despite this deficit, the charity held unrestricted reserves of £95k at year-end, which the trustees note exceeds the policy target of four months' unrestricted expenditure by over 100%. The trustees confirm the accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Income was £153k (a decrease of £25k on the previous year), mainly comprising donations and legacies of £117k, charitable activities of £34k and income from rental investments of £2k.” — page 4
“The policy states that the charity will maintain unrestricted funds, which are free reserves of the charity, at a level that equates to approximately four months unrestricted expenditure.”
“CCT transaction was undertaken at arm's length. John Heasman did not participate in the decision to use CCT's facilities given the potential conflict of interest” — page 35
Policies the charity declares
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Register events
- Received assets from another charity (02/10/2024)
Trustees
- Angela Walshe
- CHRIS TURLAND
- Daniel Nash
- David Andrew CRANE
- David Kight
- JOAN ELIZABETH EELEY
- JOHN HEASMAN
- Matt Washington
- Philip Edward Dobson
- Thomas Edward Copperwheat
- Timothy David Gill
- Victoria Louise Logan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £153k | £171k |
| 31/12/2023 | £179k | £142k |
| 31/12/2022 | £185k | £129k |
| 31/12/2021 | £177k | £209k |
| 31/12/2020 | £197k | £163k |
Common questions
Is AKEMAN STREET BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £18k for the year ended 31 December 2024, with total expenditure of £170k exceeding income of £153k. Despite this deficit, the charity held unrestricted reserves of £95k at year-end, which the trustees note exceeds the policy target of four months' unrestricted expenditure by over 100%. The trustees confirm the accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.