Charity Accounts Intelreading the accounts so you don’t have to

PAULSGROVE BAPTIST CHURCH

Registered charity 1200307 · accounts filings on the Charity Commission register

Latest income
£164k
Latest spending
£106k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted cash reserves stood at £120,392 at year-end, which is above the trustees' stated policy target of £30,000. The charity reported a net increase in funds of £58,094 for the year, with total receipts of £164,141 against payments of £106,047.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £120k)
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about three months of unrestricted expenditure)” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“During the year the charity received donations totalling £10,321 from related parties.” — page 11
“David Aarons served as church leader and was paid £43,248 for serving in that capacity, not for serving as a trustee” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration to church leader (non-trustee)
“During the year the charity received donations totalling £10,321 from related parties.” — page 11
“David Aarons served as church leader and was paid £43,248 for serving in that capacity, not for serving as a trustee” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2023 and FY2024 accounts as analysed by this site.

Register events

Trustees

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

Operates in: Portsmouth City

Income and spending

Financial year endIncomeSpending
31/12/2024£164k£106k
31/12/2023£1k£0

Common questions

Is PAULSGROVE BAPTIST CHURCH financially healthy?

The accounts state that unrestricted cash reserves stood at £120,392 at year-end, which is above the trustees' stated policy target of £30,000. The charity reported a net increase in funds of £58,094 for the year, with total receipts of £164,141 against payments of £106,047. Its FY2024 accounts were independently examined.

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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PAUL, GROVE PARK, CHISWICK W4.