STOCKSFIELD BAPTIST CHURCH
The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world. Activities include: Worship, Evangelism, Teaching, Community Service, Pastoral Care and supporting charitable social action.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £80,281 exceed the trustees' target range of £40,000 to £42,000, providing a buffer above projected shortfalls. However, the trustees note that current giving is below the level required to fully cover ongoing ministry expenses, requiring continued financial review.
What the accounts disclose
“The Trustees recognise that giving is currently below levels required to cover ongoing ministry fully but reserves more than cover any projected shortfall and this will be kept under review to ensure continued financial viability.” — page 3
“The Minister 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 a manse allowance.” — page 7
Trustees
- Aileen Innes
- Fiona Wendy Thompson
- Professor William Clegg
- Richard Shrimpton
- Timothy Paul Knight
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £163k | £117k |
| 31/12/2023 | £96k | £91k |
| 31/12/2022 | £132k | £111k |
| 31/12/2021 | £98k | £110k |
| 31/12/2020 | £91k | £94k |
Common questions
Is STOCKSFIELD BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £80,281 exceed the trustees' target range of £40,000 to £42,000, providing a buffer above projected shortfalls. However, the trustees note that current giving is below the level required to fully cover ongoing ministry expenses, requiring continued financial review. Its FY2024 accounts were independently examined.