Leominster Baptist Church
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £35,991.41 against total assets of £3,601,508.00, primarily comprising property. The trustees report that regular income is sufficient to cover expected expenditure and that reserves are adequate to cover nearly three years of a major fall-off in income, indicating a stable financial position despite a net incoming resource deficit for the year.
What the accounts disclose
“reserves should cover nearly 3 years of a major fall-off in income.” — page 3
Trustees
- Christabel Ricechair
- Andrew Dale
- Brian Paul Beakhouse
- David Margetts
- James Scott
- Marie Gittoes
- Sheila Wilson
- Trevor Dickerson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £140k | £150k |
| 31/12/2024 | £159k | £150k |
| 31/12/2023 | £124k | £119k |
| 31/12/2022 | £124k | £123k |
| 31/12/2021 | £90k | £98k |
Common questions
Is Leominster Baptist Church financially healthy?
The accounts state that unrestricted reserves stood at £35,991.41 against total assets of £3,601,508.00, primarily comprising property. The trustees report that regular income is sufficient to cover expected expenditure and that reserves are adequate to cover nearly three years of a major fall-off in income, indicating a stable financial position despite a net incoming resource deficit for the year. Its FY2025 accounts were independently examined.