BETHEL APOSTOLIC CHURCH IPSWICH
To advance the Christian Religion in accordance with the Statement of Belief/Articles of Faith (Oneness Apostolic faith) in such ways in Ipswich and in such parts of the United Kingdom or the world as the Charity Trustees from time to time may think fit.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £227,312 to £209,895, resulting in a net expenditure of £17,417 against total income of £60,704. The trustees maintain that reserves are held at a level equivalent to between three and six months' expenditure, a policy they consider maintained throughout the year. The charity operates on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“Mr Nathan Josiah Simmonds received remuneration of £21,290 (2024: £18,670) during the year.” — page 12
“Mr Nathan Josiah Simmonds received remuneration of £21,290 (2024: £18,670) during the year.” — page 12
Property (HM Land Registry)
Register events
- Received assets from another charity (05/09/2023)
Trustees
- Bishop Nathan Josiah Simmondschair
- Angela Maude Daniel
- Christine Deloris Knight
- Clement Theodore Angus
- Darren Antonio Henry
- Doreen Marie Henry
- Keren Grace Victoria Luke
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £61k | £78k |
| 31/03/2024 | £75k | £91k |
| 31/03/2023 | £69k | £74k |
Common questions
Is BETHEL APOSTOLIC CHURCH IPSWICH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £227,312 to £209,895, resulting in a net expenditure of £17,417 against total income of £60,704. The trustees maintain that reserves are held at a level equivalent to between three and six months' expenditure, a policy they consider maintained throughout the year. The charity operates on a going concern basis with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.