BETHESDA BAPTIST CHURCH STOWMARKET
to provide a place of worship, instruction and fellowship for Christians and to carry out the command of Christ to go and make disciples of all nations baptising them in the name of the Father, Son and Holy Spirit, and will include other such charitable purposes that will further the work of the Church.
Objects
THE PRINCIPAL PURPOSE OF THE CHURCH IS THE ADVANCEMENT OF THE CHRISTIAN FAITH ACCORDING TO THE PRINCIPLES OF THE BAPTIST DENOMINATION. THE CHURCH MAY ALSO ADVANCE EDUCATION AND CARRY OUT OTHER CHARITABLE PURPOSES IN THE UNITED KINGDOM AND/OR OTHER PARTS OF THE WORLD.
Financial health, per its FY2025 accounts
The accounts state that the charity relies chiefly on income from members and has decided not to hold significant reserves, instead looking to the Association of Grace Baptist Churches for grants or loans if needed. The trustees consider the balances held to be sufficient to cover existing commitments and provide a sufficient level of reserves in line with their policies. The independent examiner confirmed that no material matters came to their attention during the examination.
What the accounts disclose
“The Trustees have decided to not hold significant reserves as the Church is a member of the Association of Grace Baptist Churches (East Anglia). In the event of significant items of expenditure being incurred, the church would look to the Association for grants or loans to cover the expenditure.” — page 6
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
- Barry Levett
- Hass Yousif
- JOHN WALTER RENGERT PAYNE
- James Reeve
- Tim Cordle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £95k | £96k |
| 31/03/2024 | £80k | £77k |
| 31/03/2023 | £84k | £77k |
| 31/03/2022 | £80k | £64k |
| 31/03/2021 | £88k | £95k |
Common questions
Is BETHESDA BAPTIST CHURCH STOWMARKET financially healthy?
Per its FY2025 accounts: The accounts state that the charity relies chiefly on income from members and has decided not to hold significant reserves, instead looking to the Association of Grace Baptist Churches for grants or loans if needed. The trustees consider the balances held to be sufficient to cover existing commitments and provide a sufficient level of reserves in line with their policies. The independent examiner confirmed that no material matters came to their attention during the examination. Its FY2025 accounts were independently examined.