GRACE BAPTIST CHURCH PORTSMOUTH
Advancement of Christian religion
Objects
THE ADVANCEMENT OF THE CHRISTIAN FAITH ACCORDING TO BAPTIST PRINCIPLES AND IN ACCORDANCE WITH THE BASIS OF FAITH AS STATED IN SCHEDULE 1. THE CHARITY MAY ALSO CARRY OUT OTHER CHARITABLE PURPOSES IN THE UNITED KINGDOM AND/OR OTHER PARTS OF THE WORLD.
Financial health, per its FY2025 accounts
The accounts state that the charity operated with an excess of income over expenditure of approximately £9,587, which was covered by adequate savings. The trustees report that healthy reserves of approximately £183,000 shield the church from potential declines in income. The financial position is described as a small operation with a financial plan managed throughout the year.
What the accounts disclose
“The Church aims to maintain a reserve of 12 months’ total expenditure judged by an average annual i/E statement.”
“Grace Baptist Charities Ltd” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
- Rev EVAN RICHARDSchair
- Andrew Gribbin
- Lui Jeet
- Matthew Ward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £51k | £61k |
| 05/04/2024 | £49k | £59k |
| 05/04/2023 | £53k | £60k |
| 05/04/2022 | £90k | £77k |
| 05/04/2021 | £65k | £55k |
Common questions
Is GRACE BAPTIST CHURCH PORTSMOUTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated with an excess of income over expenditure of approximately £9,587, which was covered by adequate savings. The trustees report that healthy reserves of approximately £183,000 shield the church from potential declines in income. The financial position is described as a small operation with a financial plan managed throughout the year. Its FY2025 accounts were independently examined.