David and Jeannie Chambers Charity for Mitcham Lane Baptist Church Charitable Incorporated Organisation
The activities of the Trust is to provide additional funds to support the work of Mitcham lane Baptist Church CIO (registration 1161743).
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £8,428 at year-end, meeting the trustees' stated policy target of a minimum cash reserve of £5,000. The charity reported a net increase in cash of £1,160 for the year, with total assets comprising £36,392 in cash and £260,884 in investment funds. The trustees confirmed that the reserves policy target was met and no material uncertainties affecting going concern were identified.
What the accounts disclose
“As the charity has no ongoing commitments, other than the fees required to service its capital funds, the trustees have determined that a minimum cash reserve of £5,000 is required in order to ensure that there is no detriment to the original capital. As at 31 December 2024, this target was met.” — page 4
“The charity paid grants totalling £3,632 (2023: £nil) to Mitcham Lane Baptist Church CIO (charity number 1161743), of which Francesca Collis and Rev. Philip Stone were also trustees. These grants were in line with the charity's objects and its governing document.” — page 9
Trustees
- Francesca Collis
- Hannah Katharine Roberts
- Marilyn Bartimeus
- Rev Philip Stone
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £154k | £153k |
| 31/12/2023 | £140k | £105k |
Common questions
Is David and Jeannie Chambers Charity for Mitcham Lane Baptist Church Charitable Incorporated Organisation financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves were £8,428 at year-end, meeting the trustees' stated policy target of a minimum cash reserve of £5,000. The charity reported a net increase in cash of £1,160 for the year, with total assets comprising £36,392 in cash and £260,884 in investment funds. The trustees confirmed that the reserves policy target was met and no material uncertainties affecting going concern were identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| INCORPORATED BOURNEMOUTH FREE CHURCH COUNCIL | 1 | £59k |
Charities like this
- MITCHAM LANE BAPTIST CHURCH CIO
- EMMANUEL BAPTIST CHURCH, SWANAGE
- LANSDOWNE BAPTIST CHURCH BOURNEMOUTH
- BATH CHRISTIAN TRUST
- PORTCHESTER FREE CHURCH TRUST
- HILLINGDON PARK BAPTIST CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| David and Jeannie Chambers Charity for Mitcham Lane Baptist Church Charitable Incorporated Organisation | £154k | — | 0 | above | — | no doubt |
| MITCHAM LANE BAPTIST CHURCH CIO | £175k | £39,521 | 0 | above | — | no doubt |
| EMMANUEL BAPTIST CHURCH, SWANAGE | £163k | — | 0 | unclear | — | no doubt |
| LANSDOWNE BAPTIST CHURCH BOURNEMOUTH | £819k | in excess of £60,000 | 1 | unclear | — | no doubt |
| BATH CHRISTIAN TRUST | £2.6m | £60,001 - £70,000 | — | above | — | no doubt |
| PORTCHESTER FREE CHURCH TRUST | £153k | — | 0 | above | — | no doubt |