THE WELSH BAPTIST UNION CORPORATION LIMITED
Registered charity 248192 · accounts filings on the Charity Commission register
The charity works with member churches in Wales or associated with Wales, facilitating co-operation between the charity, member churches and other Christian groups, with the object of the furtherance of the Gospel of Christ in accordance with the principles of the Baptists.
Causes: Religious Activities · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £24,721 for the year ended 31 December 2024, with total funds increasing to £1,421,638. The trustees consider the financial performance satisfactory, though they note that future performance is likely to be affected by stock market volatility due to the charity's heavy reliance on investment income.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £772k)
“The policy is to ensure that the Union has sufficient free and available funds to meet at least 3 months of annual budgeted expenditure. In addition the Trustees consider it is prudent to provide for a further 3 months for funding grants to churches and associations.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams.” — page 23
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity provides property trusteeship and administrative services to its related parties as well as to member churches of the Baptist Union of Wales. The related parties are the Baptist Union of Wales and the Baptist Building Fund of Wales and the Glyn Nest Residential Care Home.
“The charity provides property trusteeship and administrative services to its related parties as well as to member churches of the Baptist Union of Wales. The related parties are the Baptist Union of Wales and the Baptist Building Fund of Wales and the Glyn Nest Residential Care Home.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Property (HM Land Registry)
98 registered titles in England and Wales held by the charity’s company or corporate body (90 freehold); recorded price paid £2.2m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook · instagram
Register events
- Received assets from another charity (11/07/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout Wales
Income and spending
Common questions
Is THE WELSH BAPTIST UNION CORPORATION LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £24,721 for the year ended 31 December 2024, with total funds increasing to £1,421,638. The trustees consider the financial performance satisfactory, though they note that future performance is likely to be affected by stock market volatility due to the charity's heavy reliance on investment income. Its FY2024 accounts were independently examined.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BAPTIST UNION CORPORATION LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.