THORNBURY BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the financial position of the church is satisfactory, with unrestricted free reserves of £177,413 at the year end. The trustees consider this level adequate to maintain reserves equating to approximately three months of unrestricted charitable expenditure, which is the stated policy target. The charity reported a net expenditure on unrestricted funds of £7,734 for the year.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALISON ELIZABETH DUKES
- DAVID TUBB
- David John Baker-Falkner
- PETER DUNCAN JOLLEY
- TERENCE PETER WICKS
- WILLIAM DAVID PETERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £422k |
| 31/03/2024 | £1.1m | £429k |
| 31/03/2023 | £479k | £358k |
| 31/03/2022 | £393k | £358k |
| 31/03/2021 | £377k | £344k |
Common questions
Is THORNBURY BAPTIST CHURCH financially healthy?
The accounts state that the financial position of the church is satisfactory, with unrestricted free reserves of £177,413 at the year end. The trustees consider this level adequate to maintain reserves equating to approximately three months of unrestricted charitable expenditure, which is the stated policy target. The charity reported a net expenditure on unrestricted funds of £7,734 for the year. Its FY2024 accounts were audited by Haines Watts (Western) Limited.