BARNSTAPLE BAPTIST CHURCH
Baptist Church
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £9,049.89 at the end of the period, which falls below the trustees' stated policy target range of £7,500 to £12,500. The charity reported a net deficit of £12,049.66 for the year, driven by significant property maintenance costs and the purchase of a new manse. Despite these pressures, the trustees remain upbeat about the future, citing stable membership and successful hall letting income.
What the accounts disclose
“Total Offerings £ 35,261.60 £ 37,662.50” — page 13
“the appropriate level of reserves is in the range £7,500 to £12,500, representing up to three month’s forward expenditure.” — page 7
“Rev. Peter Price acts as one of the church's trustees and receives remuneration and other benefits in respect of his services as Minister, including the provision of manse accommodation, which is rented by the church.” — page 13
“Rev. Peter Price acts as one of the church's trustees and receives remuneration and other benefits in respect of his services as Minister, including the provision of manse accommodation, which is rented by the church.” — page 13
Trustees
- Rev PETER SPENCER PRICEchair
- RHIAN WYN HOGAN
- Vivien Moore
- christopher Perry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £90k | £80k |
| 31/12/2024 | £65k | £69k |
| 31/12/2023 | £58k | £60k |
| 31/12/2022 | £63k | £52k |
| 31/12/2021 | £57k | £63k |
Common questions
Is BARNSTAPLE BAPTIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £9,049.89 at the end of the period, which falls below the trustees' stated policy target range of £7,500 to £12,500. The charity reported a net deficit of £12,049.66 for the year, driven by significant property maintenance costs and the purchase of a new manse. Despite these pressures, the trustees remain upbeat about the future, citing stable membership and successful hall letting income. Its FY2025 accounts were independently examined.