THE EAST MIDLAND BAPTIST TRUST COMPANY LIMITED
Acts as Holding Trustee for Baptist Churches in the East Midlands, approves modifications to buildings, makes grants and loans enabling work to be carried out.
Objects
THE ADVANCEMENT OF THE CHRISTIAN RELIGION ESPECIALLY BY THE MEANS OF AND IN ACCORDANCE WITH THE PRINCIPLES OF THE BAPTIST DENOMINATION AS SET OUT FOR THE TIME BEING IN THE DECLARATION OF PRINCIPLE OF THE BAPTIST UNION OF GREAT BRITAIN.
Financial health, per its FY2024 accounts
The charity reported a net incoming resource of £29,456 for the year, with total incoming resources of £39,845 and total expenditure of £10,389. Unrestricted reserves increased significantly to £523,307, while total net assets stood at £1,191,822. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties.
What the accounts disclose
“The Trustees do not therefore consider that any level of reserves is required but will review this policy on an annual basis.”
Policies the charity declares
- Complaints handling
- Conflicting interests
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Property (HM Land Registry)
Trustees
- Andrew David Smallridge
- Dr Christopher Douglas Hanning
- Gary Niven Anderson
- Rev David Charles Harvey
- Rev Karen Eileen Smilley
- Rev MARK CLAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £40k | £10k |
| 31/12/2023 | £65k | £41k |
| 31/12/2022 | £34k | £28k |
| 31/12/2021 | £26k | £38k |
| 31/12/2020 | £42k | £34k |
Common questions
Is THE EAST MIDLAND BAPTIST TRUST COMPANY LIMITED financially healthy?
Per its FY2024 accounts: The charity reported a net incoming resource of £29,456 for the year, with total incoming resources of £39,845 and total expenditure of £10,389. Unrestricted reserves increased significantly to £523,307, while total net assets stood at £1,191,822. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties. Its FY2024 accounts were independently examined.