STAPLEFORD BAPTIST CHURCH
Latest income
£120k
Latest spending
£99k
Registered
2017
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted cash reserves of £171,363 at year-end, which exceeded its stated policy target of holding 25% of budgeted expenditure. The trustees report a satisfactory financial position with increased cash holdings despite a decrease in total income.
What the accounts disclose
Reserves policy: 25% of budgeted expenditure (held: £171k)
“Our reserves policy of holding 25% of budgeted expenditure for the year was met throughout the year” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee David Howe received employment benefits of £38,482 for serving as a church leader, not as a trustee.
“David Howe served as a church leader and was received total employment benefits of £38,482 (2023: £15,516) for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 9
“Joanna Dunn, who is closely related to Nicholas Dunn, who is a trustee, received total employment benefits of £8,908 (2023: £11,172) as an administrator of the charity; these payments are permitted by the charity's governing document.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Joanna Dunn, closely related to trustee Nicholas Dunn, received employment benefits of £8,908 as an administrator.
“David Howe served as a church leader and was received total employment benefits of £38,482 (2023: £15,516) for serving in that capacity, not for serving as a trustee; these payments are permitted by the charity's governing document.” — page 9
“Joanna Dunn, who is closely related to Nicholas Dunn, who is a trustee, received total employment benefits of £8,908 (2023: £11,172) as an administrator of the charity; these payments are permitted by the charity's governing document.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- David Howe
- David John Puls
- David Wells
- JOHN MICHAEL HORRY
- Nicholas Michael Dunn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £120k | £99k |
| 31/12/2024 | £109k | £100k |
| 31/12/2023 | £132k | £77k |
| 31/12/2022 | £84k | £80k |
| 31/12/2021 | £155k | £98k |
Common questions
Is STAPLEFORD BAPTIST CHURCH financially healthy?
The accounts state that the charity held unrestricted cash reserves of £171,363 at year-end, which exceeded its stated policy target of holding 25% of budgeted expenditure. The trustees report a satisfactory financial position with increased cash holdings despite a decrease in total income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Teesside Charity | 1 | £5k |