ASHURST DRIVE BAPTIST CHURCH ILFORD
Latest income
£252k
Latest spending
£237k
Registered
2011
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity finished the year with a positive balance of £34,050, marking the fourth consecutive year of financial improvement. Total funds available at the end of the year were £204,026, with unrestricted reserves of £89,253. The trustees believe reserves are adequate to meet running costs and future development.
What the accounts disclose
Reserves policy: adequate to meet running costs and future development (held: £89k)
“The Trustees believe that the Church's reserves are adequate to meet its running costs and to allow for the future development of the building and of the mission of the Church.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Cheruba Petunia Paul
- Doni Daniel
- FAY CHAMBERS
- Gill Carol Davies
- Rev Amutha Devaraj
- Senthur Pandi Balaji
- Sudhakar Rajamanickam
- Vernon St Louis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £252k | £237k |
| 31/12/2023 | £226k | £192k |
| 31/12/2022 | £220k | £167k |
| 31/12/2021 | £175k | £156k |
| 31/12/2020 | £188k | £154k |
Common questions
Is ASHURST DRIVE BAPTIST CHURCH ILFORD financially healthy?
The accounts state that the charity finished the year with a positive balance of £34,050, marking the fourth consecutive year of financial improvement. Total funds available at the end of the year were £204,026, with unrestricted reserves of £89,253. The trustees believe reserves are adequate to meet running costs and future development. Its FY2023 accounts were independently examined.