WAKEFIELD BAPTIST CHURCH
Latest income
£169k
Latest spending
£117k
Registered
2010
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a deficit of £21,572 for the year, primarily due to increased one-off costs for repairs and maintenance. Despite this, unrestricted reserves increased significantly to £693,694, and the charity holds £127,329 in bank accounts, which the trustees consider sufficient to meet ongoing needs.
What the accounts disclose
Reserves policy: at least 6 months of running costs (held: £694k)
“The reserves policy of the church is to have sufficient cash resources to meet its day-to-day needs including staff and premises costs. The church would expect to have at least 6 months of running costs in its bank accounts.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- ANDREW WILLIS
- David Andrew Taylor
- Flora Catherine Davies
- Flora Catherine Davies
- Melanie Angela Neale
- Vivienne Jayne Rowden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £169k | £117k |
| 31/03/2024 | £123k | £112k |
| 31/03/2023 | £125k | £147k |
| 31/03/2022 | £85k | £85k |
| 31/03/2021 | £123k | £89k |
Common questions
Is WAKEFIELD BAPTIST CHURCH financially healthy?
The accounts state that the charity incurred a deficit of £21,572 for the year, primarily due to increased one-off costs for repairs and maintenance. Despite this, unrestricted reserves increased significantly to £693,694, and the charity holds £127,329 in bank accounts, which the trustees consider sufficient to meet ongoing needs. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PROJECT GIVING BACK | 1 | £444k |