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COMMUNITY BAPTIST CHURCH NORTH MANCHESTER

Registered charity 1207949 · accounts filings on the Charity Commission register · also known as CBC NORTH MANCHESTER

Latest income
£105k
Latest spending
£46k
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total income was £104,569 against total expenditure of £46,224, resulting in a net surplus for the year. Free/unrestricted reserves stood at £249,904, significantly exceeding the proposed future policy target of £15,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Highest-paid employee band: £150,001 - £160,000 — above the 90th percentile for charities its size (median £60k)
“Pastor Fearnhead received £180 per week.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“Pastor Fearnhead received £180 per week.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: £15,000 (held: £250k)
“It is anticipated that this will be at the level of £15,000 within the main current account.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Pastor Alan Fearnhead received £9,360 in stipend payments. Two other trustees received £5,207 in expense reimbursements.
“During the year, payments totalling £9,360 (2023: £9,360) were made to one trustee (2023: two), Pastor Alan Fearnhead, by way of a weekly stipend.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Pastor Alan Fearnhead, a trustee, for weekly stipend.
“During the year, payments totalling £9,360 (2023: £9,360) were made to one trustee (2023: two), Pastor Alan Fearnhead, by way of a weekly stipend. Pastor Fearnhead received £180 per week.” — page 14
“During the year, two trustees were reimbursed a total of £5,207 for out-of-pocket expenses incurred personally on behalf of the charity.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of out-of-pocket expenses to two trustees.
“During the year, payments totalling £9,360 (2023: £9,360) were made to one trustee (2023: two), Pastor Alan Fearnhead, by way of a weekly stipend. Pastor Fearnhead received £180 per week.” — page 14
“During the year, two trustees were reimbursed a total of £5,207 for out-of-pocket expenses incurred personally on behalf of the charity.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

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

Operates in: Bury

Income and spending

Financial year endIncomeSpending
31/12/2024£105k£46k

Common questions

Is COMMUNITY BAPTIST CHURCH NORTH MANCHESTER financially healthy?

The accounts state that total income was £104,569 against total expenditure of £46,224, resulting in a net surplus for the year. Free/unrestricted reserves stood at £249,904, significantly exceeding the proposed future policy target of £15,000. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

What does the highest-paid employee of COMMUNITY BAPTIST CHURCH NORTH MANCHESTER earn?

Per its FY2024 accounts, the highest-paid employee was in the £150,001 - £160,000 band, and 1 employees earned over £60,000.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Cornerstone Baptist Church.