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PRINCE'S DRIVE BAPTIST CHURCH

Registered charity 1198633 · accounts filings on the Charity Commission register

Furthering the church charitable objectives

Causes: Religious Activities · website · Get email alerts

Latest income
£153k
Latest spending
£125k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds total £164,971, which is above the stated reserves policy target of £54,167 to £81,250. The charity reported a net income surplus of £28,196 for the year, with total funds increasing to £623,761.

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

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £165k)
“The Church Officers have established a policy whereby the unrestricted funds held by the charity should ensure the essential costs (*) of a full time ministry for six to nine months. Based on the 2024 accounts, this equates to an amount from £54,167 to £81,250 in general funds.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Trustees received total remuneration of £21,795.
“The trustees received a total remuneration of £21,795 for the year ended 31 December 2024.” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Conwy

Income and spending

Financial year endIncomeSpending
31/12/2024£153k£125k
31/12/2023£93k£91k
31/12/2022£93k£94k

Common questions

Is PRINCE'S DRIVE BAPTIST CHURCH financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds total £164,971, which is above the stated reserves policy target of £54,167 to £81,250. The charity reported a net income surplus of £28,196 for the year, with total funds increasing to £623,761. Its FY2024 accounts were independently examined.