CREECH ST MICHAEL BAPTIST CHURCH
Latest income
£309k
Latest spending
£312k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted net assets decreased to £62,314 at year-end, which the trustees note comfortably exceeds their stated reserves policy of three months' budgeted expenditure. Total net assets fell to £327,307 due to a net expenditure of £18,447, though the charity maintains adequate resources to continue in operational existence.
What the accounts disclose
Reserves policy: three months of budgeted expenditure excluding restricted or designated expenditure (held: £62k)
“The church has adopted a minimum level of income reserves of three months of budgeted expenditure excluding restricted or designated expenditure.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Payments to trustees: Revd Bradley, Mr Partridge, Mr Bailey and Mrs Warden all received remuneration for other aspects of their church duties.
“In the current year and the previous year, no remuneration or expenses were paid to the Trustees in their capacity as charity Trustees. However, Revd Bradley, Mr Partridge, Mr Bailey and Mrs Warden all received remuneration for other aspects of their church duties.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Andrew Raymond Law
- Charles Christopher Medlock
- David Andrew Patrick
- David Mark Fox
- Jane Anne Warden
- Mark Bailey
- Matt Bradley
- Rathika Jarvis
- Reuben Stuart Willcocks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £309k | £312k |
| 31/12/2023 | £282k | £301k |
| 31/12/2022 | £251k | £270k |
| 31/12/2021 | £215k | £190k |
| 31/12/2020 | £227k | £211k |
Common questions
Is CREECH ST MICHAEL BAPTIST CHURCH financially healthy?
The accounts state that unrestricted net assets decreased to £62,314 at year-end, which the trustees note comfortably exceeds their stated reserves policy of three months' budgeted expenditure. Total net assets fell to £327,307 due to a net expenditure of £18,447, though the charity maintains adequate resources to continue in operational existence. Its FY2023 accounts were independently examined.