SUTTON COLDFIELD BAPTIST CHURCH
A Church providing youth and community services in and around Sutton Coldfield
Objects
THE PRINCIPAL PURPOSES OF THE CHURCH ARE:- 3.1.1 THE ADVANCEMENT OF THE CHRISTIAN FAITH ACCORDING TO THE PRINCIPLES OF THE BAPTIST DENOMINATION. 3.1.2 THE CHURCH MAY ALSO ADVANCE EDUCATION AND CARRY OUT OTHER CHARITABLE PURPOSES IN THE UNITED KINGDOM AND/OR OTHER PARTS OF THE WORLD.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves totalled £1,110,294, significantly exceeding the trustees' stated policy target of £80,000. The charity reported a net income of £113,437 and confirmed that resources are adequate to continue as a going concern with no material uncertainties identified by the auditors.
What the accounts disclose
“The Trustees reviewed the Reserves Policy during 2022 and increased the reserve amount from £75,000 to £80,000. This figure is modelled on three months core expenditure” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £982k | £868k |
| 31/12/2023 | £937k | £899k |
| 31/12/2022 | £1 | £0 |
Common questions
Is SUTTON COLDFIELD BAPTIST CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves totalled £1,110,294, significantly exceeding the trustees' stated policy target of £80,000. The charity reported a net income of £113,437 and confirmed that resources are adequate to continue as a going concern with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Wallace Crooke.