FINCHAMPSTEAD BAPTIST CHURCH
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net expenditure of £23,009 for the year ended 31st December 2022, with total income of £694,506 and total expenses of £717,515. The trustees note that unrestricted net current assets amounted to £167,894, which exceeds their stated reserves policy target of approximately £130,000. While the charity has experienced deficits in the past three years, the trustees believe the easing of pandemic restrictions is improving future results.
What the accounts disclose
“Our reserves policy is to retain adequate reserves to continue operations for 3 months, currently this Is estimated as 6130,000.” — page 5
“Two Trustees of Flnchampstead Baptist Church are also trustees of Further Faster UK, to which Flnchampstead Baptist Church made payments totalling f 6,870.” — page 19
“The wife of one of the Trustees of Finchampstead Baptist Church is a trustee of innovista, to which Flnchampstead Baptist Church made grants totalling E2, 400” — page 19
“Two Trustees of Flnchampstead Baptist Church are also trustees of Further Faster UK, to which Flnchampstead Baptist Church made payments totalling f 6,870.” — page 19
“The wife of one of the Trustees of Finchampstead Baptist Church is a trustee of innovista, to which Flnchampstead Baptist Church made grants totalling E2, 400” — page 19
“Two Trustees of Flnchampstead Baptist Church are also trustees of Further Faster UK, to which Flnchampstead Baptist Church made payments totalling f 6,870.” — page 19
“The wife of one of the Trustees of Finchampstead Baptist Church is a trustee of innovista, to which Flnchampstead Baptist Church made grants totalling E2, 400” — page 19
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- David Gordon Goodmanchair
- Catherine Grace Parting
- Kate Louise Johnstone
- Paul Charles Valler
- REV CL SIMPKINS
- Rachel Barbara Roberts
- Thomas James Owain Fox
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £889k | £890k |
| 31/12/2023 | £804k | £842k |
| 31/12/2022 | £695k | £718k |
| 31/12/2021 | £602k | £622k |
| 31/12/2020 | £688k | £789k |
Common questions
Is FINCHAMPSTEAD BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a net expenditure of £23,009 for the year ended 31st December 2022, with total income of £694,506 and total expenses of £717,515. The trustees note that unrestricted net current assets amounted to £167,894, which exceeds their stated reserves policy target of approximately £130,000. While the charity has experienced deficits in the past three years, the trustees believe the easing of pandemic restrictions is improving future results. Its FY2022 accounts were audited by Knox Cropper LLP.
Who funds FINCHAMPSTEAD BAPTIST CHURCH?
Funders whose own accounts filings name FINCHAMPSTEAD BAPTIST CHURCH as a grant recipient include Wokingham United Charities.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Wokingham United Charities | FY2024 | £245 |