BROADMEAD COMMUNITY CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £19,518 for the year, resulting in a decrease in total funds from £1,582,864 to £1,563,346. The trustees confirm that the charity has sufficient resources to continue operating effectively in the coming year, with no material uncertainties regarding going concern.
What the accounts disclose
“The Trustees have established a Reserve Policy of three months core costs (salaries and accommodation) with one month of reserves for utilities.” — page 7
“The Minister acts as one of the Church's trustees in accordance with its constitution and received remuneration of £57,948 (2022 : £51 ,697) in respect of his services as Minister and other benefits including the provision of accommodation rented by the Church under a leaseback agreement.” — page 18
“Total donations received without conditions from trustees were £37,580 (2022: £58,989) .” — page 27
“The Church is in receipt of a loan from the Baptist Union Corporation as set out in note 17.” — page 27
“Total donations received without conditions from trustees were £37,580 (2022: £58,989) .” — page 27
“The Church is in receipt of a loan from the Baptist Union Corporation as set out in note 17.” — page 27
Trustees
- Gillian Janet Murray
- James McLean Winning
- Murray Douglas Currington
- Owen McDonald Dawkins
- Paul Ronald Sivers
- Rev ADAM JAMES EAKINS
- Therese Wendy Margaret Lee
- William Luke Partridge-Underwood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £379k | £409k |
| 31/12/2023 | £386k | £405k |
| 31/12/2022 | £384k | £333k |
| 31/12/2021 | £366k | £276k |
| 31/12/2020 | £376k | £213k |
Common questions
Is BROADMEAD COMMUNITY CHURCH financially healthy?
The accounts state that the charity reported a net expenditure of £19,518 for the year, resulting in a decrease in total funds from £1,582,864 to £1,563,346. The trustees confirm that the charity has sufficient resources to continue operating effectively in the coming year, with no material uncertainties regarding going concern. Its FY2023 accounts were independently examined.
Who funds BROADMEAD COMMUNITY CHURCH?
Funders whose own accounts filings name BROADMEAD COMMUNITY CHURCH as a grant recipient include THE FYRISH FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE FYRISH FOUNDATION | FY2023 | £31k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BANBURY CHARITIES | 1 | £9k |