OUNDLE BAPTIST CHURCH
Latest income
£103k
Latest spending
£121k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total funds decreased from £720,415 to £705,104, driven by a net movement in funds of £(15,311). The trustees note continued concern regarding future income levels due to the age profile of donors, though current unrestricted reserves remain above their policy target.
What the accounts disclose
Reserves policy: approximately two months of known expenditure (held: £65k)
“maintain reserves that would equate to approximately two months of known expenditure”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The trustees consider it prudent to hold this level of reserves as there is continued concern as to future levels of income give the age profile of the church.”
Per its FY2023 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £103k | £121k |
| 31/12/2023 | £113k | £129k |
| 31/12/2022 | £112k | £108k |
| 31/12/2021 | £107k | £85k |
| 31/12/2020 | £159k | £113k |
Common questions
Is OUNDLE BAPTIST CHURCH financially healthy?
The accounts state that total funds decreased from £720,415 to £705,104, driven by a net movement in funds of £(15,311). The trustees note continued concern regarding future income levels due to the age profile of donors, though current unrestricted reserves remain above their policy target. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JACK PATSTON CHARITABLE TRUST | 1 | £3k |