KENTON BAPTIST CHURCH
Latest income
£124k
Latest spending
£120k
Registered
2010
Accounts read
FY2022
Financial health, per its FY2022 accounts
The accounts state that the charity reported a net incoming resource of £10,801 for the year, resulting in total unrestricted and restricted funds of £143,869. The trustees note that the charity has adequate financial reserves and maintains a minimum reserve policy equivalent to the Senior Minister and Administration annual budget lines of £48,225.
What the accounts disclose
Reserves policy: minimum reserves the sum of Senior Minister and Administration annual budget lines – for 2022, £48,225 (held: £143k)
“The Church has adequate financial reserves but will continue to hold as minimum reserves the sum of Senior Minister and Administration annual budget lines – for 2022, £48,225).”
Per its FY2022 accounts as filed with the Charity Commission.
Payments to trustees: Trustees Richard and Elizabeth Smith received payments for printing services through their business, Richard Smith Associates, invoiced at or below cost.
“No other Deacon (trustee) or any person connected with them has received or is due to receive any remuneration for the year directly or indirectly from the general fund (or any other fund), other than as stated elsewhere in these accounts.” — page 12
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: Trustees Richard and Elizabeth Smith received payments for printing services through their business, Richard Smith Associates, invoiced at or below cost.
“Richard and Elizabeth Smith (both Trustees) have on occasions undertaken printing on behalf of the Church through their business, Richard Smith Associates. The Trustees are satisfied that such work is undertaken at the Church’s request and is invoiced at or below cost.” — page 12
Per its FY2022 accounts as filed with the Charity Commission.
Trustees
- Beverly Ann Johnson
- Georgina Lartey Ofosu-Osei
- John Woodgate
- Karen Hogge
- Smyly Acheampong
- Vadivel Armon 'Sammy'
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £120k |
| 31/12/2023 | £106k | £131k |
| 31/12/2022 | £130k | £119k |
| 31/12/2021 | £110k | £103k |
| 31/12/2020 | £95k | £94k |
Common questions
Is KENTON BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a net incoming resource of £10,801 for the year, resulting in total unrestricted and restricted funds of £143,869. The trustees note that the charity has adequate financial reserves and maintains a minimum reserve policy equivalent to the Senior Minister and Administration annual budget lines of £48,225. Its FY2022 accounts were independently examined.