Charity Accounts Intelreading the accounts so you don’t have to

WYCLIFFE BAPTIST CHURCH

Registered charity 1135617 · accounts filings on the Charity Commission register · also known as WYCLIFFE BAPTIST CHURCH, READING

Latest income
£712k
Latest spending
£718k
Registered
2010
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a surplus of £33,293 for the year ended 31 December 2022, with total funds increasing to £1,289,000. Per the trustees' report, the charity holds surplus reserves which can be used to fund any temporary deficit, and the property remains substantially in good condition.

What the accounts disclose

Related-party transaction: The Church is in receipt of a loan from the Baptist Union Corporation.
“The Church is in receipt of a loan from the Baptist Union Corporation as set out in notes 14 and 15.” — page 20
“The Church made donations to the Baptist Union Home Mission Scheme as set out in note 7.” — page 20
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: The Church made donations to the Baptist Union Home Mission Scheme.
“The Church is in receipt of a loan from the Baptist Union Corporation as set out in notes 14 and 15.” — page 20
“The Church made donations to the Baptist Union Home Mission Scheme as set out in note 7.” — page 20
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£712k
Total spending
£718k
Reserves (reported)
£1.1m
Employees
18

Reported reserves equal ~18.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Reading · Wokingham

Income and spending

Financial year endIncomeSpending
31/12/2024£712k£718k
31/12/2023£745k£722k
31/12/2022£703k£669k
31/12/2021£559k£559k
31/12/2020£575k£520k

Common questions

Is WYCLIFFE BAPTIST CHURCH financially healthy?

The accounts state that the charity reported a surplus of £33,293 for the year ended 31 December 2022, with total funds increasing to £1,289,000. Per the trustees' report, the charity holds surplus reserves which can be used to fund any temporary deficit, and the property remains substantially in good condition. Its FY2022 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with CAREY BAPTIST CHURCH, READING.