BRIDGE CHURCH NEWBURY
TO ADVANCE THE CHRISTIAN RELIGION, TO PROCLAIM AND FURTHER THE GOSPEL OF GOD THE FATHER, THE SON JESUS CHRIST AND THE HOLY SPIRIT AND TO PREACH AND TEACH THE CHRISTIAN FAITH.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £3,032 for the year ended 31 December 2024, with total funds increasing to £167,211. Per the trustees' report, the charity is funded primarily through regular donations and has unrestricted reserves of £136,413, which exceed the stated policy target of three months of salary and overhead costs.
What the accounts disclose
“Contingency Fund - 3 months of salary and overhead costs in the event of a shortfall in income” — page 7
“Donations from the trustees and their immediate families during the year totalled £24,000. (2023 - £32,064). Mark and his wife attended a Commission leader's event with paid accommodation (paid in Year ended 31 December 2023). Mark and his wife attended Commission Festival and their tickets were paid in full £180 (August 2024). Caroline's daughter-in-law, Emma Owen Jones, continued as a part time Administrator (from July 2021). Any decisions regarding Emma's appointment, salary and management are done without Caroline's involvement (declaration of interest made). All trustees attended a Commission Trustees Conference at a cost of £25 each. Travel expenses were covered by the church.” — page 20
Trustees
- Emma Caroline Owen Jones
- Hannah Jane Dabbs
- JEREMY CLIFTON-BROWN
- MARK GREGORY LANDRETH-SMITH
- Russell Hornzee
- Thomas Daniel Newbold
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £196k | £192k |
| 31/12/2023 | £173k | £148k |
| 31/12/2022 | £164k | £157k |
| 31/12/2021 | £141k | £124k |
| 31/12/2020 | £135k | £121k |
Common questions
Is BRIDGE CHURCH NEWBURY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £3,032 for the year ended 31 December 2024, with total funds increasing to £167,211. Per the trustees' report, the charity is funded primarily through regular donations and has unrestricted reserves of £136,413, which exceed the stated policy target of three months of salary and overhead costs. Its FY2024 accounts were independently examined.