WOODVILLE BAPTIST CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity's unrestricted reserves of £54,920 exceeded its stated policy target of £30,000, indicating a satisfactory financial position. The financial outturn was broadly in line with the budget, with net receipts of £5,639 contributing to an increase in bank balances from £49,281 to £54,920. The charity is audited via independent examination with no material matters identified.
What the accounts disclose
“In November 2013 the Trustees updated the reserves policy by increasing the free reserves held by the charity by £10,000 to £30,000 where funds allow.”
Trustees
- Rev Joshua Pramod Parmarchair
- ANNABEL BARBARA CHALONER
- David Francis Garner
- JUSTIN CHALONER
- MARTIN CHARLES PEARCE
- MRS JUDY DAVIES
- STUART NEIL HARDISTY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £160k | £169k |
| 31/12/2023 | £174k | £178k |
| 31/12/2022 | £126k | £126k |
| 31/12/2021 | £131k | £135k |
| 31/12/2020 | £141k | £130k |
Common questions
Is WOODVILLE BAPTIST CHURCH financially healthy?
The accounts state that the charity's unrestricted reserves of £54,920 exceeded its stated policy target of £30,000, indicating a satisfactory financial position. The financial outturn was broadly in line with the budget, with net receipts of £5,639 contributing to an increase in bank balances from £49,281 to £54,920. The charity is audited via independent examination with no material matters identified. Its FY2023 accounts were independently examined.