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SOUTH STREET BAPTIST CHURCH

Registered charity 1203167 · accounts filings on the Charity Commission register · also known as SSBC

Causes: Disability · Religious Activities · website · Get email alerts

Latest income
£313k
Latest spending
£317k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net incoming resource of £21,379 for the year ended 31 March 2025, with total income of £312,632 and expenditure of £316,566. Per the trustees' report, unrestricted reserves significantly exceed the stated policy target of three months of regular expenditure, and the trustees confirm the charity is an ongoing concern with no anticipated financial problems.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: Under £20,000 — below the median for charities its size (£60k)
“Pastor Gideon Nash who is also a trustee of South Street Baptist Church CIO was paid a salary of £30,000 during the financial year.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of regular expenditure (held: £5.3m)
“The Trustees consider that the ideal level of reserves should be approximately three months of regular expenditure.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Pastor Gideon Nash (Trustee) received a salary of £30,000.
“Pastor Gideon Nash who is also a trustee of South Street Baptist Church CIO was paid a salary of £30,000 during the financial year.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees
“Donations through tithes, offering and other one-off giving, in total £61,422 were received from the seven CIO Trustees during the year (2024: £57,688).” — page 12
“Pastor Gideon Nash who is also a trustee of South Street Baptist Church CIO was paid a salary of £30,000 during the financial year.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Salary paid to Pastor/Trustee
“Donations through tithes, offering and other one-off giving, in total £61,422 were received from the seven CIO Trustees during the year (2024: £57,688).” — page 12
“Pastor Gideon Nash who is also a trustee of South Street Baptist Church CIO was paid a salary of £30,000 during the financial year.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Register events

Trustees · trustee networks

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

Operates in: Greenwich

Income and spending

Financial year endIncomeSpending
31/03/2025£313k£317k
31/03/2024£259k£269k

Common questions

Is SOUTH STREET BAPTIST CHURCH financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net incoming resource of £21,379 for the year ended 31 March 2025, with total income of £312,632 and expenditure of £316,566. Per the trustees' report, unrestricted reserves significantly exceed the stated policy target of three months of regular expenditure, and the trustees confirm the charity is an ongoing concern with no anticipated financial problems. Its FY2025 accounts were independently examined.

What does the highest-paid employee of SOUTH STREET BAPTIST CHURCH earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £20,000 band.