ACTON BAPTIST CHURCH
We are an enthusiastic and multi-cultural family church open which anyone may attend. Our worship is a mix of modern and traditional and our bible teaching programme encourages the pursuit of deeper spiritual relationship and become the people we were made to be. We have a thriving childrens work and operate the Living Room, a youth project which is open to teenagers of all faiths and none.
Financial health, per its FY2024 accounts
The accounts state that unrestricted and designated reserves stood at £142,282 at year-end, exceeding the stated policy target of at least £50,000. The charity reports no loans or guarantees and confirms that the Baptist Union Pension Scheme buyout removed any employer liability, resulting in no pension deficit. Trustees do not consider current risks to threaten the ongoing solvency and sustainability of the church.
What the accounts disclose
“The principal sources of income are offerings from church members and attendees (£61,234 before any Gift Aid) and hall hire (£26,169).”
“The church looks to keep at least £50,000 in unrestricted reserves at any time as that is approximately 9 months’ worth of general expenditure based on the past and expected needs.” — page 10
“Rev Michael Drake served as the Minister of the church and was paid £36,104.88 including Employer Pension contribution (2023: £33,876.60) for serving in that capacity, not for serving as a trustee; this payment is permitted by the charity's governing document. In addition, the charity paid £2,760 (2023: £1,437) through payroll to Rev Michael Drake for the cost of electricity and gas bills at the Manse (which is customary for ministers) under the terms of his appointment for the better performance of his duties.” — page 18
Trustees
- Carol Olivia Sears
- Elizabeth Funmilayo Salako
- FRANCES BELLIS
- Guy Russell William Sears
- JOSEPHINE CHOJI-DAVOU
- Janet Ann Neasham
- John Anthony Robson
- Laura Claire France Kellard
- Lydia Antoniou
- Richard Bellis
- SARAH JANE ROBSON
- Syreta Claire Boost
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £144k | £128k |
| 31/12/2023 | £117k | £88k |
| 31/12/2022 | £115k | £101k |
| 31/12/2021 | £104k | £199k |
| 31/12/2020 | £122k | £481k |
Common questions
Is ACTON BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted and designated reserves stood at £142,282 at year-end, exceeding the stated policy target of at least £50,000. The charity reports no loans or guarantees and confirms that the Baptist Union Pension Scheme buyout removed any employer liability, resulting in no pension deficit. Trustees do not consider current risks to threaten the ongoing solvency and sustainability of the church. Its FY2024 accounts were independently examined.