SUTCLIFF BAPTIST CHURCH, OLNEY
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a surplus and held unrestricted reserves of £40,280, alongside £52,425 in cash balances. The trustees confirmed that these resources, combined with anticipated ongoing income, are sufficient to enable the church to function effectively in the coming year. Additionally, the charity repaid its development loan in full during the year.
What the accounts disclose
Trustees
- Alan Beber
- James Tremayne Wharpshire
- Jonathan Mark Billingsley
- Rev Stuart James Macdonald
- Susan Caroline Griffiths
- Susan Carolyn Lynch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £108k | £97k |
| 31/12/2023 | £93k | £96k |
| 31/12/2022 | £133k | £157k |
| 31/12/2021 | £120k | £140k |
| 31/12/2020 | £139k | £117k |
Common questions
Is SUTCLIFF BAPTIST CHURCH, OLNEY financially healthy?
The accounts state that the charity ended the year with a surplus and held unrestricted reserves of £40,280, alongside £52,425 in cash balances. The trustees confirmed that these resources, combined with anticipated ongoing income, are sufficient to enable the church to function effectively in the coming year. Additionally, the charity repaid its development loan in full during the year. Its FY2023 accounts were independently examined.