WOODBRIDGE QUAY CHURCH
Financial health, per its FY2023 accounts
The accounts state that the charity cleared its remaining Baptist Union loan of £58,819 during the year using bequest money and general funds, resulting in no debt at year-end. Free unrestricted reserves increased from £1,544,377 to £1,567,675, reflecting a net surplus for the period. The trustees report that the church is in a stronger financial position with no capital payments required for the remainder of the year.
What the accounts disclose
Trustees
- Amanda Phelan
- Debra Scurrell
- Dr Jonathan Clive Knight
- Emma Grant
- Guy Chirstian Mansell
- Louis Kamfer
- Rev Douglas Stephen Waller
- Sarah Joanne Fowler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £248k | £230k |
| 31/12/2023 | £224k | £191k |
| 31/12/2022 | £216k | £208k |
| 31/12/2021 | £191k | £169k |
| 31/12/2020 | £171k | £131k |
Common questions
Is WOODBRIDGE QUAY CHURCH financially healthy?
The accounts state that the charity cleared its remaining Baptist Union loan of £58,819 during the year using bequest money and general funds, resulting in no debt at year-end. Free unrestricted reserves increased from £1,544,377 to £1,567,675, reflecting a net surplus for the period. The trustees report that the church is in a stronger financial position with no capital payments required for the remainder of the year.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WOODLANDS GROUP OF CHURCHES | 1 | £3k |