GRACE BAPTIST PARTNERSHIP
Financial health, per its FY2025 accounts
The accounts state that total income was £261,743 against total expenditure of £276,068, resulting in a net deficit of £14,325 for the year. Unrestricted reserves stood at £18,693, which the trustees note represents two months of actual expenditure, falling short of their policy target of three months. The charity received an independent examination report confirming no material matters were identified.
What the accounts disclose
“As at 31 December 2025 unrestricted reserves stood at f18,693. This represents two months actual expenditure (19.7% of budgeted expenditure).”
Trustees
- Chola Mukangachair
- DAVID CHARLES CHAPMAN
- Dr PHILIP MARK WOODLEY
- Kevin Felix Hollington
- Kevin Wong
- Thomas Jensby Nielsen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £262k | £276k |
| 31/12/2024 | £247k | £231k |
| 31/12/2023 | £380k | £395k |
| 31/12/2022 | £275k | £276k |
| 31/12/2021 | £302k | £256k |
Common questions
Is GRACE BAPTIST PARTNERSHIP financially healthy?
The accounts state that total income was £261,743 against total expenditure of £276,068, resulting in a net deficit of £14,325 for the year. Unrestricted reserves stood at £18,693, which the trustees note represents two months of actual expenditure, falling short of their policy target of three months. The charity received an independent examination report confirming no material matters were identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRACE BAPTIST CHARITIES LIMITED | 1 | £10k |