SHEDDINGDEAN BAPTIST CHURCH
We are a Christian Church offering facilities to the general public which include, Christian Services, youth Clubs, Toddler groups, mens groups and womens groups.
Financial health, per its FY2024 accounts
The accounts state that the church held unrestricted reserves above its stated prudent balance of £17,500 throughout the year. The trustees confirmed that the general reserve remained above this figure at all times, indicating adequate financial resources to meet working capital and contingency needs.
What the accounts disclose
“Sheddingdean Baptist Church’s principal source of income arises from gifts received from members and others who are personally associated with the church.” — page 16
“In 2018 the prudent balance figure was changed to £17,500 which, although slightly higher than the requirements set out above, was considered prudent whilst the Cornerstone Project is active. Reserves remained above this figure at all times throughout this year.” — page 17
Trustees
- COLIN ALLEN
- DEBORAH McDONALD
- Eric Pollard
- Gillian Davison
- MRS Sylvia Lewis
- Susan Jenkinson
- Valerie Batten Dando
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £124k | £44k |
| 31/12/2023 | £109k | £55k |
| 31/12/2022 | £92k | £55k |
| 31/12/2021 | £99k | £82k |
| 31/12/2020 | £109k | £386k |
Common questions
Is SHEDDINGDEAN BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that the church held unrestricted reserves above its stated prudent balance of £17,500 throughout the year. The trustees confirmed that the general reserve remained above this figure at all times, indicating adequate financial resources to meet working capital and contingency needs. Its FY2024 accounts were independently examined.