BILTON EVANGELICAL CHURCH
Latest income
£403k
Latest spending
£495k
Registered
2010
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £756,296 exceed the trustees' stated policy target range of £148,062 to £269,204. Although the charity reported a net deficit of £91,935 for the year, the trustees consider the current reserve levels sufficient to protect against risks such as income reduction.
What the accounts disclose
Reserves policy: 50% of the prior year annual total of Resources Expended with Unrestricted Funds and Designated Funds, with a minimum of 33% and a maximum of 60% (held: £756k)
“The trustees have set a reserves target of 50% of the prior year annual total of Resources Expended with Unrestricted Funds and Designated Funds, with a minimum of 33% and a maximum of 60%. This means the current unrestricted reserves for the year to 31st March 2025 needed to be within the range £148,062 to £269,204.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mrs Erica Richmond, who is closely related to Dr Mark Richmond, who is a trustee, received employment benefits totalling £20,186 (2024: £15,001) for providing services to the charity, as permitted by the governing document.
“Mrs Erica Richmond, who is closely related to Dr Mark Richmond, who is a trustee, received employment benefits totalling £20,186 (2024: £15,001) for providing services to the charity, as permitted by the governing document.” — page 22
“During the year the charity: a) received donations totalling £57,060 (2024: £39,145) from related parties (which includes trustees, anyone closely connected to them and key management).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Received donations totalling £57,060 (2024: £39,145) from related parties (which includes trustees, anyone closely connected to them and key management).
“Mrs Erica Richmond, who is closely related to Dr Mark Richmond, who is a trustee, received employment benefits totalling £20,186 (2024: £15,001) for providing services to the charity, as permitted by the governing document.” — page 22
“During the year the charity: a) received donations totalling £57,060 (2024: £39,145) from related parties (which includes trustees, anyone closely connected to them and key management).”
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Richard Masonchair
- Andrew David Dernie
- Andrew David Kilby
- Bridget Ann Bennett
- Caroline Mary Taylor
- Dr Mark Richmond
- Jeffrey William Cotterill
- Tim RAY
- William Mark Swales
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £403k | £495k |
| 31/03/2024 | £376k | £438k |
| 31/03/2023 | £396k | £415k |
| 31/03/2022 | £450k | £474k |
| 31/03/2021 | £427k | £392k |
Common questions
Is BILTON EVANGELICAL CHURCH financially healthy?
The accounts state that unrestricted reserves of £756,296 exceed the trustees' stated policy target range of £148,062 to £269,204. Although the charity reported a net deficit of £91,935 for the year, the trustees consider the current reserve levels sufficient to protect against risks such as income reduction. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| THE BENHAM CHARITABLE SETTLEMENT | 1 | £5k |
| CHARITIES ADMINISTERED IN CONNECTION WITH THE UNAFFILIATED CONGREGATIONAL CHURCHES | 1 | £3k |