BLACKHORSE ROAD BAPTIST CHURCH
Financial health, per its FY2023 accounts
The accounts state that unrestricted cash reserves stood at £160,700, significantly exceeding the trustees' policy target of £25,000. Income increased to £134,060 while expenditure rose to £122,712, resulting in a net increase in cash held by the charity. The trustees report that the charity remains in a position to continue operating and has excess funds for planned improvements.
What the accounts disclose
“Trustees M. Patten and J Brown served as Pastors [ministers] and were paid £28,700 and £8,832 [2022: £26,770 and £nil] respectively for serving in that capacity” — page 9
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £25,000 (which equates to about 3 months of overheads)” — page 4
“Trustees M. Patten and J Brown served as Pastors [ministers] and were paid £28,700 and £8,832 [2022: £26,770 and £nil] respectively for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document. In addition the charity incurred expenditure totalling £38,057 [2022: £5,283] in respect of the provision of accommodation (which is customary for ministers) so that they could better perform their duties. No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 9
“Trustees M. Patten and J Brown served as Pastors [ministers] and were paid £28,700 and £8,832 [2022: £26,770 and £nil] respectively for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document. In addition the charity incurred expenditure totalling £38,057 [2022: £5,283] in respect of the provision of accommodation (which is customary for ministers) so that they could better perform their duties. No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.” — page 9
Trustees
- Rev MALCOLM PATTENchair
- Christine Sharon South
- Clarisse Tchatchou
- David Arkell
- James Brown
- James Hutchinson
- Timothy Barker
- VERONICA A NEBLETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £127k | £133k |
| 31/12/2023 | £134k | £123k |
| 31/12/2022 | £123k | £97k |
| 31/12/2021 | £119k | £90k |
| 31/12/2020 | £111k | £96k |
Common questions
Is BLACKHORSE ROAD BAPTIST CHURCH financially healthy?
The accounts state that unrestricted cash reserves stood at £160,700, significantly exceeding the trustees' policy target of £25,000. Income increased to £134,060 while expenditure rose to £122,712, resulting in a net increase in cash held by the charity. The trustees report that the charity remains in a position to continue operating and has excess funds for planned improvements. Its FY2023 accounts were independently examined.
What does the highest-paid employee of BLACKHORSE ROAD BAPTIST CHURCH earn?
Per its FY2023 accounts, the highest-paid employee was in the £20,001 - £30,000 band.