RICKMANSWORTH BAPTIST CHURCH
Worship, prayer, Bible study, preaching and teaching; Baptism; Communion of the Lords Supper; Evangelism and mission; Teaching and encouragement of young people; Nurture and growth of disciples; Education and training for Christian and community service; Pastoral care; Charitable social action; Supporting other Christians; Raising finance by receiving grants, donations and loans.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds stood at £365,150 as of 31 March 2025, with the trustees considering reserves sufficient to cover the Minister's stipend for at least three years. The charity is heavily dependent on volunteer labour and rental income from owned properties, noting that offertory income has fallen due to donor departures. External repairs costing £48,164 were deducted from reserves, but the pension scheme deficit was eliminated in the prior year.
What the accounts disclose
“Income from the use of the hall and lounge by third parties has stabilised, despite an increase in the amounts charged per hour, because of reduced usage. Rental income showed a modest increase in service charges, which were offset by increased expenses.” — page 4
“However, it keeps the reserves under review by budgeting to ensure that it can cover the Minister’s stipend for at least three years in the future.”
Trustees
- DAVID CHARLES BASS
- DAVID CYRIL LANGLEY
- KEITH ALEXANDER WALL
- Rev Gareth Garland
- Susan Jillian Loader
- Terence William Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £154k | £163k |
| 31/03/2024 | £150k | £105k |
| 31/03/2023 | £133k | £92k |
| 31/03/2022 | £122k | £89k |
| 31/03/2021 | £108k | £86k |
Common questions
Is RICKMANSWORTH BAPTIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds stood at £365,150 as of 31 March 2025, with the trustees considering reserves sufficient to cover the Minister's stipend for at least three years. The charity is heavily dependent on volunteer labour and rental income from owned properties, noting that offertory income has fallen due to donor departures. External repairs costing £48,164 were deducted from reserves, but the pension scheme deficit was eliminated in the prior year. Its FY2025 accounts were independently examined.