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TWYNHOLM BAPTIST CHURCH

Registered charity 1146843 · accounts filings on the Charity Commission register

Latest income
£270k
Latest spending
£301k
Registered
2012
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted cash reserves of £136,091 were held at year-end, which is significantly above the trustees' stated policy target of approximately £40,000. The charity reported a net surplus for the year, with total receipts of £265,196 against payments of £244,774, resulting in a strong financial position to pursue its objectives.

What the accounts disclose

Reserves policy: approximately £40,000 (held: £136k)
“The Trustees have established a policy whereby the unrestricted cash held by the charity should be maintained at approximately £40,000, which represents about 2.5 months of unrestricted on-going expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr Gilbart-Smith, a trustee, received salary and pension contributions for serving as a church leader, not as a trustee, and occupies a manse rent-free.
“Mr Gilbart-Smith was paid a salary of £36,450 (2023: £34k) and the church paid pension contributions of £5,467 (2023: £5k) for him for serving as a church leader, not as a trustee. In addition he occupies a manse rent-free.” — page 10
“Mr A Mpasi was paid a salary of £24,117 (2023: £20k) and the church paid pension contributions of £2,894 (2023: £2k) for him for serving as the assistant church leader, not as a trustee. In addition Mr Mpasi occupied a room in one of the church flats rent-free.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr Mpasi, a trustee, received salary and pension contributions for serving as assistant church leader, not as a trustee, and occupied a room rent-free.
“Mr Gilbart-Smith was paid a salary of £36,450 (2023: £34k) and the church paid pension contributions of £5,467 (2023: £5k) for him for serving as a church leader, not as a trustee. In addition he occupies a manse rent-free.” — page 10
“Mr A Mpasi was paid a salary of £24,117 (2023: £20k) and the church paid pension contributions of £2,894 (2023: £2k) for him for serving as the assistant church leader, not as a trustee. In addition Mr Mpasi occupied a room in one of the church flats rent-free.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Hammersmith And Fulham

Income and spending

Financial year endIncomeSpending
05/04/2025£270k£301k
05/04/2024£265k£245k
05/04/2023£238k£283k
05/04/2022£229k£205k
05/04/2021£231k£189k

Common questions

Is TWYNHOLM BAPTIST CHURCH financially healthy?

The accounts state that unrestricted cash reserves of £136,091 were held at year-end, which is significantly above the trustees' stated policy target of approximately £40,000. The charity reported a net surplus for the year, with total receipts of £265,196 against payments of £244,774, resulting in a strong financial position to pursue its objectives. Its FY2024 accounts were independently examined.

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