Charity Accounts Intelreading the accounts so you don’t have to

EMMANUEL BAPTIST CHURCH, SWANAGE

Registered charity 1133758 · accounts filings on the Charity Commission register

Latest income
£163k
Latest spending
£139k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total unrestricted funds increased to £792,395, while total net assets rose to £1,867,004. The charity maintains a reserves policy aiming for a bank balance equal to three months of ongoing costs, which it appears to meet given the unrestricted fund balance exceeds the stated policy target. The independent examiner confirmed that accounting records were kept and accounts accorded with those records.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £792k)
“The Church aims to maintain a month end bank balance equal to at least three month's ongoing costs (eg salaries, utilities).” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2020)

Total income
£559k
Total spending
£191k
Reserves (reported)
£0
Employees
3

Reported reserves equal ~0.0 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: Dorset

Income and spending

Financial year endIncomeSpending
31/12/2024£163k£139k
31/12/2023£173k£150k
31/12/2022£156k£132k
31/12/2021£164k£157k
31/12/2020£559k£191k

Common questions

Is EMMANUEL BAPTIST CHURCH, SWANAGE financially healthy?

The accounts state that total unrestricted funds increased to £792,395, while total net assets rose to £1,867,004. The charity maintains a reserves policy aiming for a bank balance equal to three months of ongoing costs, which it appears to meet given the unrestricted fund balance exceeds the stated policy target. The independent examiner confirmed that accounting records were kept and accounts accorded with those records. Its FY2023 accounts were independently examined.

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