CANNON STREET MEMORIAL BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £8,156 for the year ended 31 March 2024, resulting in a decrease in net assets to £457,616. The trustees confirm that the charity holds unrestricted cash of £114,000, which complies with its stated reserves policy target of approximately £100,000. Per the trustees' report, the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
Trustees
- Audrey Jackson
- DURRANT ATKINSON
- Donald Campbell
- INEZ HAYLES
- JOSEPHINE MOLYNEUX
- PATSY MAIR
- Pastor Bryan Scott
- SHARON SMITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £282k | £295k |
| 31/03/2024 | £305k | £313k |
| 31/03/2023 | £251k | £255k |
| 31/03/2022 | £230k | £179k |
| 31/03/2021 | £184k | £161k |
Common questions
Is CANNON STREET MEMORIAL BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a deficit of £8,156 for the year ended 31 March 2024, resulting in a decrease in net assets to £457,616. The trustees confirm that the charity holds unrestricted cash of £114,000, which complies with its stated reserves policy target of approximately £100,000. Per the trustees' report, the charity has adequate resources to continue operating for the foreseeable future. Its FY2024 accounts were independently examined.