TRINITY BAPTIST CHURCH NEW ADDINGTON
Holding regular services in the community to promote the christian faith.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £12,464 to £11,393, resulting in a net movement in funds of -£1,071. The trustees report that the charity is in a good position to manage its costs, with total income of £44,547 and total resources expended of £45,618. The charity maintains a reserve policy target of three months of unrestricted expenditure.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure” — page 5
“Rev Sampson Dankyi was paid £7200 towards services as pastor of the church” — page 12
“Rev Sampson Dankyi was paid £7200 towards services as pastor of the church All other work was carried out by volunteers.” — page 12
Trustees
- Rev SAMPSON DANKYIchair
- ANGELA MARJORIE STEWART
- Kwame Benjamin A Koduah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £45k | £46k |
| 31/12/2023 | £46k | £44k |
| 31/12/2022 | £35k | £36k |
| 31/12/2021 | £32k | £28k |
| 31/12/2020 | £27k | £31k |
Common questions
Is TRINITY BAPTIST CHURCH NEW ADDINGTON financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £12,464 to £11,393, resulting in a net movement in funds of -£1,071. The trustees report that the charity is in a good position to manage its costs, with total income of £44,547 and total resources expended of £45,618. The charity maintains a reserve policy target of three months of unrestricted expenditure. Its FY2024 accounts were independently examined.