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WESTBURY AVENUE BAPTIST CHURCH

Registered charity 1155892 · accounts filings on the Charity Commission register · also known as WABC

regular public worship, prayer, Bible study, preaching and teaching;baptism, as defined in the Union?s Declaration of Principle;the Communion of the Lord?s Supper which shall normally be observed at least once a month; the teaching, encouragement, welcome and inclusion of young people;nurture and growth of Christian disciples;education and training for Christian and community service

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£97k
Latest spending
£186k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £88,986 for the year, driven by charitable expenditure exceeding incoming resources. The independent examiner noted that the charity's reserve policy to maintain free reserves for approximately three months of expenditure was not fully satisfied. Despite the deficit, the charity holds significant net assets of £2,027,243, primarily in tangible fixed assets.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-85k; policy: three months of unrestricted charitable expenditure)
“However, the reserve policy to maintain free reserve in unrestricted fund has not been fully satisfied in this financial year.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Audit opinion: qualified
“However, the reserve policy to maintain free reserve in unrestricted fund has not been fully satisfied in this financial year.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/12/2024£97k£186k
31/12/2023£97k£186k
31/12/2022£90k£182k
31/12/2021£87k£186k
31/12/2020£53k£188k

Common questions

Is WESTBURY AVENUE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £88,986 for the year, driven by charitable expenditure exceeding incoming resources. The independent examiner noted that the charity's reserve policy to maintain free reserves for approximately three months of expenditure was not fully satisfied. Despite the deficit, the charity holds significant net assets of £2,027,243, primarily in tangible fixed assets. Its FY2024 accounts were independently examined.