SAFFRON WALDEN BAPTIST CHURCH
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £6,068 for the year ended 31 December 2024, with total income of £115,407 against expenditure of £109,339. The trustees note that the charity is totally dependent on offerings from its congregation and receives no government funding. The unrestricted reserves increased from £87,319 to £93,387 during the year.
What the accounts disclose
“The Minister acts as one of the church's trustees and receives remuneration and other benefits in respect of his services as Minister, including the provision of manse accommodation owned by the church” — page 11
“The capital sum remains with, and is managed by, the BUC. As the only known beneficiary the church will continue to receive the entirety of the income from the endowment, for the benefit of the church, for the foreseeable future.”
Register events
- Received assets from another charity (05/09/2023)
Trustees
- Angela Sabey
- Denise Karen Vincent
- Dr Pamela Georgina Jenner
- Peter Matthewson
- Rev John Maurice Goddard
- Robert Wiseman
- TRACY TODMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £121k | £116k |
| 31/12/2023 | £124k | £159k |
Common questions
Is SAFFRON WALDEN BAPTIST CHURCH financially healthy?
The accounts state that the charity reported a surplus of £6,068 for the year ended 31 December 2024, with total income of £115,407 against expenditure of £109,339. The trustees note that the charity is totally dependent on offerings from its congregation and receives no government funding. The unrestricted reserves increased from £87,319 to £93,387 during the year. Its FY2024 accounts were independently examined.