BROADWAY BAPTIST CHURCH, CHESHAM
Regular public services of Christian worship, including activities for youngsters, small groups in homes and church. Parents/carers toddler group and parents/carers baby group each week. Coffee mornings two days a week. Facilities are used by other charities and community groups in the town.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £7,132 for the year ended 31 December 2024, with total income of £90,581 and expenditure of £83,592. General fund reserves stood at over £292,000, which the trustees note is considerably in excess of their stated reserves policy target of six months of budgeted expenditure. The charity is heavily dependent on volunteer labour and has no paid staff, with the only staff-related costs being for a minister whose position has been vacant since July 2023.
What the accounts disclose
“The following trustee & their related parties received salaries and fees totalling £8,840 (2023: £25,911) Mrs J Walker £8,840” — page 12
“The Trustees have established a Reserves Policy of six months of the budgeted expenditure for the following year. Our budget for 2024 was set at £111,800” — page 4
“The following trustee & their related parties received salaries and fees totalling £8,840 (2023: £25,911) Mrs J Walker £8,840” — page 12
“The following trustee & their related parties received salaries and fees totalling £8,840 (2023: £25,911) Mrs J Walker £8,840” — page 12
“Donations were received from trustees & their related parties during the year totalling £6,530 (2023: £12,020)” — page 12
“The following trustee & their related parties received salaries and fees totalling £8,840 (2023: £25,911) Mrs J Walker £8,840” — page 12
“Donations were received from trustees & their related parties during the year totalling £6,530 (2023: £12,020)” — page 12
“However, it is possible that the accounts of the Chartridge Mission Church should be consolidated in to the accounts for Broadway Baptist Church. Although the documents pertaining to the relationship between Chartridge Mission Church and Broadway Baptist Church have been studied, there is some disparity between the documents and the relationship that exists in practice. Until this disparity is resolved, it remains unclear whether consolidation is required.” — page 6
Trustees
- Alison Celia Drackett
- Anne Louisa Dwight
- Elanor Vandenbrekel
- Martina Karin Alexander
- Mary Elizabeth Dendy
- Rev Timothy Judson
- Sarah Elizabeth Lumby
- Stephen Michael Dix
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £91k | £84k |
| 31/12/2023 | £128k | £145k |
| 31/12/2022 | £97k | £334k |
| 31/12/2021 | £224k | £126k |
| 31/12/2020 | £140k | £104k |
Common questions
Is BROADWAY BAPTIST CHURCH, CHESHAM financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £7,132 for the year ended 31 December 2024, with total income of £90,581 and expenditure of £83,592. General fund reserves stood at over £292,000, which the trustees note is considerably in excess of their stated reserves policy target of six months of budgeted expenditure. The charity is heavily dependent on volunteer labour and has no paid staff, with the only staff-related costs being for a minister whose position has been vacant since July 2023. Its FY2024 accounts were independently examined.
What does the highest-paid employee of BROADWAY BAPTIST CHURCH, CHESHAM earn?
Per its FY2024 accounts, the highest-paid employee was in the £0 - £10,000 band.