CROWTHORNE BAPTIST CHURCH
Financial health, per its FY2023 accounts
The accounts state that total quantified net assets increased to £2,031,082 at the end of 2023, with unrestricted reserves rising to £49,116. The charity reports no pension scheme deficit as the Baptist Pension Scheme secured its defined benefit obligations in 2022, and the trustees confirmed the accounts were prepared in accordance with the Charities Act 2011.
What the accounts disclose
“The reserves policy of Crowthorne Baptist Church states that we should retain sufficient funds for the general running of the church to allow for the loss of income from two of the largest financial supporters of the church and a significant unexpected uninsured expenditure. At present this is estimated to be £20,000 for the “general” money” — page 10
Trustees
- Emma Frost
- Eric Andrew Panayiotou
- Justine WELLS
- Richard Lewis Elsbury
- Sarah Ruth Webb
- Susan Elizabeth Burrow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £145k | £148k |
| 31/12/2023 | £155k | £143k |
| 31/12/2022 | £134k | £156k |
| 31/12/2021 | £148k | £230k |
| 31/12/2020 | £175k | £601k |
Common questions
Is CROWTHORNE BAPTIST CHURCH financially healthy?
The accounts state that total quantified net assets increased to £2,031,082 at the end of 2023, with unrestricted reserves rising to £49,116. The charity reports no pension scheme deficit as the Baptist Pension Scheme secured its defined benefit obligations in 2022, and the trustees confirmed the accounts were prepared in accordance with the Charities Act 2011. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Country Houses Foundation | 1 | £566k |