SURBITON NEW LIFE BAPTIST CHURCH
The Church advances the Christian faith according to the principles of the Baptist Denomination and advances education and other charitable purposes
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £412 for the year, resulting in a slight decrease in total funds from £2,733,112 to £2,732,700. The trustees confirmed that sufficient reserves exist to maintain ongoing operations, with the majority of assets held in investment property valued at £2,700,000. The charity operates a defined contribution pension scheme and has no disclosed pension deficits.
What the accounts disclose
“It is the opinion of the Charity Trustees that there are sufficient reserves to maintain on-going operations.” — page 7
“Remuneration of £43,487 was paid to one trustee in the year (2024 £37,329). Donations totalling £18,924 were received from 3 trustees in the year (2024 £23,990 from 5 trustees)” — page 18
“Remuneration of £43,487 was paid to one trustee in the year (2024 £37,329). Donations totalling £18,924 were received from 3 trustees in the year (2024 £23,990 from 5 trustees)” — page 18
“Remuneration of £43,487 was paid to one trustee in the year (2024 £37,329). Donations totalling £18,924 were received from 3 trustees in the year (2024 £23,990 from 5 trustees)” — page 18
“Remuneration of £43,487 was paid to one trustee in the year (2024 £37,329). Donations totalling £18,924 were received from 3 trustees in the year (2024 £23,990 from 5 trustees)” — page 18
Trustees
- John William Waterschair
- Dr Julian Orton
- Jan Oosthuizen
- Richard Asante
- Valerie Bagley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £108k | £108k |
| 31/03/2024 | £121k | £103k |
| 31/03/2023 | £117k | £82k |
| 31/03/2022 | £103k | £101k |
| 31/03/2021 | £97k | £178k |
Common questions
Is SURBITON NEW LIFE BAPTIST CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £412 for the year, resulting in a slight decrease in total funds from £2,733,112 to £2,732,700. The trustees confirmed that sufficient reserves exist to maintain ongoing operations, with the majority of assets held in investment property valued at £2,700,000. The charity operates a defined contribution pension scheme and has no disclosed pension deficits. Its FY2025 accounts were independently examined.