MOORDOWN BAPTIST CHURCH
Religious activities
Financial health, per its FY2024 accounts
The accounts state that the church remains in a good and stable financial position, with unrestricted reserves of £163,612. Although reserves are currently above the stated policy target of £45,000 to £90,000, the trustees anticipate that planned building expenditure and potential staffing increases will reduce the balance to an appropriate level in the near term.
What the accounts disclose
“James Hill was paid £33,148 (2023 £31,347) on which employer NI contributions of £658 (2023 £Nil) were payable. In addition he occupied a manse rent free. The market value of this benefit was £16,484 (2023 £16,484).” — page 15
“Income is primarily generated by freewill gifts and offerings.” — page 6
“It has determined a policy to hold reserves which are readily accessible and not already committed to specific projects or activities of between 3 and 6 months of expenditure. Budgeted expenditure is approximately £180,000 and therefore the target is £45,000 to £90,000 in general funds.”
“James Hill was paid £33,148 (2023 £31,347) on which employer NI contributions of £658 (2023 £Nil) were payable. In addition he occupied a manse rent free. The market value of this benefit was £16,484 (2023 £16,484). Jonathan Pearse was paid £33,148 (2023 £31,347) on which employer NI contributions of £658 (2023 £Nil) were payable. In addition he occupied a manse rent free. The market value of this benefit was £16,484 (2023 £16,484).” — page 15
Trustees
- James William Hill
- Jonathan Pearse
- Neil Manning
- Raymond Leonard Heal
- Stephen David Coombes
- WAYNE EDWARD ROWLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £183k | £179k |
| 31/12/2024 | £170k | £173k |
| 31/12/2023 | £187k | £200k |
| 31/12/2022 | £167k | £150k |
| 31/12/2021 | £156k | £162k |
Common questions
Is MOORDOWN BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the church remains in a good and stable financial position, with unrestricted reserves of £163,612. Although reserves are currently above the stated policy target of £45,000 to £90,000, the trustees anticipate that planned building expenditure and potential staffing increases will reduce the balance to an appropriate level in the near term. Its FY2024 accounts were independently examined.
What does the highest-paid employee of MOORDOWN BAPTIST CHURCH earn?
Per its FY2024 accounts, the highest-paid employee was in the £33,148 band.