BAPTIST BUILDING CIO
Latest income
£221k
Latest spending
£117k
Registered
2019
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total unrestricted reserves stood at £5,892,531, significantly exceeding the stated policy target of approximately £19,000 (six months' support costs). The charity reported a net income increase to £128,433 and held £3,084,933 in cash at year-end, indicating strong liquidity and financial stability.
What the accounts disclose
Reserves policy: approximately six months' expenditure on support costs (approximately £19,000) (held: £5.9m)
“It is the policy of this charity to maintain the General Fund at a level which equates to approximately six months' expenditure on support costs (approximately £19,000).” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee expenses reimbursed
“Expenses reimbursements paid to 10 (2023: 6) trustees during the year amounted to £2,824 (2023: £1,424) in respect of travelling and other expenses incurred on behalf of the charity.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2021)
Total income
£1.4m
Total spending
£408k
Reserves (reported)
£2.9m
Employees
1
Trustees
- Andrew Meirion Lewis BSc DipArb FRICS FCIArb
- DAVID WILFRED THOMPSON
- John David Levick
- John Walker LLB DLP
- Kirsten Hughes-Hallett
- MARK ROGERS
- PHILIP MICHAEL SMEDLEY
- Rev Helen Anne Wordsworth
- Rev IAN JOHN BUNCE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £221k | £117k |
| 31/12/2024 | £272k | £143k |
| 31/12/2023 | £216k | £125k |
| 31/12/2022 | £55k | £68k |
| 31/12/2021 | £1.4m | £408k |
Common questions
Is BAPTIST BUILDING CIO financially healthy?
The accounts state that total unrestricted reserves stood at £5,892,531, significantly exceeding the stated policy target of approximately £19,000 (six months' support costs). The charity reported a net income increase to £128,433 and held £3,084,933 in cash at year-end, indicating strong liquidity and financial stability. Its FY2024 accounts were audited by Griffin Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 1 | £902k |
| REDHILL BAPTIST CHURCH | 1 | £7k |