WELL BAPTIST CHURCH
Religious worship and christian outreach and support. Locally, nationally, and worldwide.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £7,773 for the year, resulting in total funds decreasing from £71,294 to £63,520. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. The charity's reserves policy aims to retain funds appropriate to its size and commitments to ensure it can fulfill its objectives despite temporary income shortfalls.
What the accounts disclose
“The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.” — page 5
“The custodian trustee of the church is the North Western Baptist Association. The church is also a member of the Baptist Union of Great Britain, and the North West Baptist Association. Custodian Trustees No payments were made to the custodian trustees or any persons or organisations connected with them during this financial period. No material transaction took place between the charity and the custodian trustee or any person or organisation connected with them.” — page 17
“Ministers and Senior Leaders The Minister Mr Rick Oldland lived in the Manse which is wholly owned by the Church. He received £34,812 (£33,259:2023) regarding salary and expenses. Pastor Rick Hooke received £29,534 (£28,207:2023) with respect to a salary. No other payments were made to Ministers, Elders, Senior Leaders or any persons connected with them during this financial period. No other material transaction took place between the charity and a Ministers, Elders, Senior Leaders or any person connected with them.”
“The custodian trustee of the church is the North Western Baptist Association. The church is also a member of the Baptist Union of Great Britain, and the North West Baptist Association. Custodian Trustees No payments were made to the custodian trustees or any persons or organisations connected with them during this financial period. No material transaction took place between the charity and the custodian trustee or any person or organisation connected with them.” — page 17
“Ministers and Senior Leaders The Minister Mr Rick Oldland lived in the Manse which is wholly owned by the Church. He received £34,812 (£33,259:2023) regarding salary and expenses. Pastor Rick Hooke received £29,534 (£28,207:2023) with respect to a salary. No other payments were made to Ministers, Elders, Senior Leaders or any persons connected with them during this financial period. No other material transaction took place between the charity and a Ministers, Elders, Senior Leaders or any person connected with them.”
Property (HM Land Registry)
Trustees
- ALAN BUCKLEY
- RICK HOOKE
- RICK OLDLAND
- STEPHEN HOBIN
- STEWART WHITLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £361k | £369k |
| 31/12/2023 | £249k | £268k |
| 31/12/2022 | £310k | £271k |
| 31/12/2021 | £233k | £268k |
| 31/12/2020 | £249k | £244k |
Common questions
Is WELL BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £7,773 for the year, resulting in total funds decreasing from £71,294 to £63,520. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties regarding going concern. The charity's reserves policy aims to retain funds appropriate to its size and commitments to ensure it can fulfill its objectives despite temporary income shortfalls. Its FY2024 accounts were independently examined.