THE BAPTIST BUILDING FUND FOR WALES

Registered charity 1191792 · accounts filings on the Charity Commission register

The charitable object of the charity is primarily to assist churches by advancing loans normally on an interest free basis for constructing, extending, improving or renovating places of worship or other buildings belonging to, or used for the purpose of the Welsh Baptist Denomination and for such other charitable purposes of the said Denomination as the trustee shall direct.

Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£484k

Latest spending

£84k

Registered

2020

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted revenue funds increased to £4,528,990, supported by a surplus of £400,831 and net investment gains of £46,997. Per the trustees' report, the charity holds sufficient free and available funds to meet its reserves policy target of at least three months of annual budgeted expenditure, alongside an additional three months for loan funding. The charity relies primarily on investment income and legacies, with no significant fundraising activities conducted during the year.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of annual budgeted expenditure plus three months for funding loans (held: £4.5m)

“The policy is to ensure that the charity has sufficient free and available funds to meet at least 3 months of annual budgeted expenditure. In addition the Trustee considers it is prudent to provide for a further 3 months for funding loans to churches and associations.” — page 7

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Ellis Lloyd Jones Audit Limited. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/12/2023)

Total income

£596k

Total spending

£32k

Reserves (reported)

£4.3m

Employees

Per its annual return, largest income source: Other (70% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

THE WELSH BAPTIST UNION CORPORATION LIMITED · trustee of 2 other charities

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£484k	£84k
31/12/2023	£596k	£32k
31/12/2022	£164k	£144k
31/12/2021	£127k	£104k

Common questions

Is THE BAPTIST BUILDING FUND FOR WALES financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted revenue funds increased to £4,528,990, supported by a surplus of £400,831 and net investment gains of £46,997. Per the trustees' report, the charity holds sufficient free and available funds to meet its reserves policy target of at least three months of annual budgeted expenditure, alongside an additional three months for loan funding. The charity relies primarily on investment income and legacies, with no significant fundraising activities conducted during the year. Its FY2024 accounts were audited by Ellis Lloyd Jones Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE NORWOOD AND NEWTON SETTLEMENT	1	£30k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BAPTIST BUILDING CIO.

BAPTIST BUILDING CIO income £221k
WOODBRIDGE QUAY CHURCH income £248k
WEST WORTHING BAPTIST CHURCH income £159k
THE WILTSHIRE STRICT AND PARTICULAR BAPTIST CHAPEL FUND income £273k
WOODLEY BAPTIST CHURCH income £221k
NEWPORT PAGNELL BAPTIST CHURCH income £777k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE BAPTIST BUILDING FUND FOR WALES	£484k	—	unclear	—	no doubt
BAPTIST BUILDING CIO FY2025	£221k	—	unclear	0.6%	no doubt
WOODBRIDGE QUAY CHURCH FY2024	£248k	—	unclear	—	no doubt
WEST WORTHING BAPTIST CHURCH FY2025	£159k	—	unclear	—	no doubt
THE WILTSHIRE STRICT AND PARTICULAR BAPTIST CHAPEL FUND FY2025	£273k	—	below	—	no doubt
WOODLEY BAPTIST CHURCH FY2024	£221k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.