QUORN BAPTIST CHURCH
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds showed a deficit of £15,281 for the year, primarily due to decreased gift aid recovery and high maintenance spending. However, the trustees report that despite this deficit, the finances are in reasonably good shape and they are satisfied with the current financial position. The charity holds significant unrestricted net assets of £756,937 (£716,000 property fund plus £40,937 cash fund) against a restricted building loan liability of £290,343.
What the accounts disclose
“The church is also most grateful for a loan of £290,343 from the Baptist Building CIO (BBCIO). This loan will be repaid over a period of ten years, beginning in January 2026.” — page 4
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- Rev IAN NICHOLAS HODSON SMITHchair
- Alistair George Frederick Gibb
- Colin John Powell Shipway
- David Ronald Bates
- Dr Andrew James Leishman
- GILLIAN ANN CLEMENT
- Jean Ann Lister
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £214k | £367k |
| 31/01/2025 | £600k | £510k |
| 31/01/2024 | £270k | £160k |
| 31/01/2023 | £105k | £95k |
| 31/01/2022 | £94k | £79k |
Common questions
Is QUORN BAPTIST CHURCH financially healthy?
The accounts state that unrestricted funds showed a deficit of £15,281 for the year, primarily due to decreased gift aid recovery and high maintenance spending. However, the trustees report that despite this deficit, the finances are in reasonably good shape and they are satisfied with the current financial position. The charity holds significant unrestricted net assets of £756,937 (£716,000 property fund plus £40,937 cash fund) against a restricted building loan liability of £290,343. Its FY2025 accounts were independently examined.
Who funds QUORN BAPTIST CHURCH?
Funders whose own accounts filings name QUORN BAPTIST CHURCH as a grant recipient include THE JACK PATSTON CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE JACK PATSTON CHARITABLE TRUST | FY2025 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Teesside Charity | 1 | £5k |