GRACE BAPTIST CHURCH, SOUTHPORT
The primary activity is to maintain the work of a local church in the advancement of the Christian faith in accordance with its Basis of Faith, in the area of Southport. The charity also operates through its members in other areas, including missionary activity overseas. The charity also carries out other charitable purposes such as the relief of the poor but these are not the primary activity.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a deficit of £42,492 for the year ended 31 December 2024, driven by expenditure of £206,962 against income of £164,470. Per the trustees' report, this deficit arose partly from committing funds to building maintenance projects taken from the Legacy Fund. The charity holds unrestricted reserves of £63,197, which exceeds its stated policy target of three months' expenditure (£42,500).
What the accounts disclose
“For these purposes the Charity will endeavour to generate and maintain reserves which would equate to at least 3 months expenditure.” — page 6
Trustees
- MACIEK MARK STOLARSKIchair
- David George Sutton
- Zelda Janine Bentham
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £164k | £207k |
Common questions
Is GRACE BAPTIST CHURCH, SOUTHPORT financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a deficit of £42,492 for the year ended 31 December 2024, driven by expenditure of £206,962 against income of £164,470. Per the trustees' report, this deficit arose partly from committing funds to building maintenance projects taken from the Legacy Fund. The charity holds unrestricted reserves of £63,197, which exceeds its stated policy target of three months' expenditure (£42,500). Its FY2024 accounts were independently examined.