FARINGDON BAPTIST CHURCH
Latest income
£117k
Latest spending
£104k
Registered
2010
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that net assets decreased by £19,842 to £613,508 for the year ended 29 February 2024, primarily due to a reduction in the valuation of the manse. The charity holds unrestricted reserves of £613,508 and has no stated reserves policy target to compare against.
What the accounts disclose
Payments to trustees: The Minister, who is a trustee, receives remuneration and benefits including manse accommodation.
“The Minister acts as one of the church’s trustees and receives remuneration and other benefits in respect of their services as Minister, including the provision of manse accommodation, owned by the church.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Minister acts as one of the church’s trustees and receives remuneration and other benefits in respect of their services as Minister, including the provision of manse accommodation, owned by the church.
“The Minister acts as one of the church’s trustees and receives remuneration and other benefits in respect of their services as Minister, including the provision of manse accommodation, owned by the church.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Mark Edward Greenwoodchair
- Andrew Neil Gathercole
- Angela Mary Barrett
- Dr Richard Stephen John Bolter
- Gemma Louise Ashton
- MR MICHAEL SMEDLEY
- Sharon Beryl Gerry
- Tania Lesley Isham
- Zoe Anne Elizabeth Baker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £117k | £104k |
| 29/02/2024 | £93k | £57k |
| 28/02/2023 | £80k | £42k |
| 28/02/2022 | £79k | £48k |
| 28/02/2021 | £80k | £73k |
Common questions
Is FARINGDON BAPTIST CHURCH financially healthy?
The accounts state that net assets decreased by £19,842 to £613,508 for the year ended 29 February 2024, primarily due to a reduction in the valuation of the manse. The charity holds unrestricted reserves of £613,508 and has no stated reserves policy target to compare against. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Country Houses Foundation | 1 | £566k |