Charity Accounts Intelreading the accounts so you don’t have to

MARKYATE BAPTIST CHURCH

Registered charity 1145170 · accounts filings on the Charity Commission register · also known as MBC

Our church is a place of regular public worship to advance the Christian faith. We serve our village community through Alpha Groups, Youth Cell Groups, Home study Groups, Prayer and Bible Study, After School Clubs, Seniors Fellowship Groups, Toddler Group, Men's Group, Book Club, Cafe, Art Class, Social events, pastoral care and missionary links abroad.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Religious Activities · Other Charitable Purposes · website · Get email alerts

Latest income
£67k
Latest spending
£90k
Registered
2011
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves of £91,639 exceed the stated policy target of approximately £49,000, covering three months of running costs and nine months of staff costs. Although the charity reported a deficit of £23,951 for the year due to increased expenditure, the trustees confirm that the overall financial health remains strong with no outstanding liabilities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £40,001 - £50,000
“As required by the Charity Commission, the total value of the employee benefits of the highest paid employee during 2024 was £41,867.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of general running costs and nine months staff cost (held: £92k)
“The Church tries to maintain a minimum level of reserve in the Unrestricted Fund that is the equivalent to approximately 3 months’ general running costs and nine months staff cost; this is currently estimated at £49,000.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hertfordshire · Luton

Income and spending

Financial year endIncomeSpending
31/12/2024£67k£90k
31/12/2023£79k£80k
31/12/2022£67k£46k
31/12/2021£73k£71k
31/12/2020£66k£69k

Common questions

Is MARKYATE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves of £91,639 exceed the stated policy target of approximately £49,000, covering three months of running costs and nine months of staff costs. Although the charity reported a deficit of £23,951 for the year due to increased expenditure, the trustees confirm that the overall financial health remains strong with no outstanding liabilities. Its FY2024 accounts were independently examined.

What does the highest-paid employee of MARKYATE BAPTIST CHURCH earn?

Per its FY2024 accounts, the highest-paid employee was in the £40,001 - £50,000 band.