Grace Baptist Association
Objects of the Association are to:1 uphold and promote the Doctrinal Basis2 promote the unity and prosperity of its Member Churches3 assist the Member Churches in their charitable purposes as recognised in English Law4 devise and employ means for the furtherance of the gospel primarily in the Home Counties Geographical Area.
Financial health, per its FY2023 accounts
The accounts state that total consolidated funds increased by 177% to £8,612,314, driven by exceptional proceeds from the sale of two redundant manses and unrealised investment gains. Per the trustees' report, excluding these exceptional proceeds, the Association incurred a deficit on its general fund, which aligns with their policy of utilising historic reserves. The charity maintains a reserves policy to hold approximately six months' unrestricted expenditure, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Proceeds from the sale of a redundant Manse (Kew) 987,839” — page 15
“In addition, an interest bearing loan of £25.00 1 was advanced to Newtown Baptist Church, Chesham of which the trustee D Mortimer is also a trustee The balance at year end was £9,517”
“The subsidary is Grace Baptist Charities Limited. company number 00096055. charity registration number 1172489” — page 24
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (05/01/2024)
Trustees
- Adrian John Creedy
- Alessandro Miranda Brito
- Andrew James Wigham
- Antony Patrick Rummery
- Ben Owain Jones
- COLIN CLARKSON
- Christine Richards
- David Mortimer
- David Skull
- Dr Martin Christopher Tatham
- Grayson Fuhrman
- JAMES DAVID SAYERS
- John Rimes
- MARGARET O'MARA
- Matthew Benton
- Matthew John Hodson
- Olawale Akintunde Akinrogunde
- Paul Jonathan Smith
- Peter John Fearnley
- Peter Thomas Fuggle
- Robert Barry King
- Ryan Burton King
- Stephen Whitton
- Thomas Copperwheat
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £424k | £519k |
| 31/12/2023 | £1.6m | £536k |
| 31/12/2022 | £334k | £513k |
| 31/12/2021 | £542k | £616k |
| 31/12/2020 | £358k | £530k |
Common questions
Is Grace Baptist Association financially healthy?
Per its FY2023 accounts: The accounts state that total consolidated funds increased by 177% to £8,612,314, driven by exceptional proceeds from the sale of two redundant manses and unrealised investment gains. Per the trustees' report, excluding these exceptional proceeds, the Association incurred a deficit on its general fund, which aligns with their policy of utilising historic reserves. The charity maintains a reserves policy to hold approximately six months' unrestricted expenditure, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Jacob Cavenagh & Skeet.
Who funds Grace Baptist Association?
Funders whose own accounts filings name Grace Baptist Association as a grant recipient include GRACE BAPTIST CHARITIES LIMITED.
Shared trustees with funders
- Ben Owain Jones — trustee here and at GRACE BAPTIST CHARITIES LIMITED
- David Mortimer — trustee here and at GRACE BAPTIST CHARITIES LIMITED
- Dr Martin Christopher Tatham — trustee here and at GRACE BAPTIST CHARITIES LIMITED
- MARGARET O'MARA — trustee here and at GRACE BAPTIST CHARITIES LIMITED
- Peter Thomas Fuggle — trustee here and at GRACE BAPTIST CHARITIES LIMITED
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GRACE BAPTIST CHARITIES LIMITED | FY2022 | £10k | Grant payable to AGBC(SE) |
| GRACE BAPTIST CHARITIES LIMITED | FY2021 | £10k | Grant payable to AGBC(SE) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BAPTIST UNION OF GREAT BRITAIN | 5 | £7.9m |
| HILLINGDON PARK BAPTIST CHURCH | 1 | £16k |
| KING'S CHURCH MILDENHALL | 1 | £15k |
| WESTBOURNE PARK BAPTIST CHURCH | 1 | £9k |
| SAFFRON WALDEN BAPTIST CHURCH | 1 | £9k |
| REDHILL BAPTIST CHURCH | 1 | £7k |
| WORCESTER PARK BAPTIST CHURCH | 1 | £6k |
| HODDESDON BAPTIST CHURCH | 1 | £4k |
Charities like this
- THE LONDON BAPTIST ASSOCIATION
- SOUTH EASTERN BAPTIST ASSOCIATION
- GRACE BAPTIST PARTNERSHIP
- THE BAPTIST UNION OF GREAT BRITAIN
- GRACE BAPTIST CHARITIES LIMITED
- CENTRAL BAPTIST ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Grace Baptist Association | £424k | — | 0 | unclear | — | no doubt |
| THE LONDON BAPTIST ASSOCIATION | £2.3m | — | 0 | above | — | no doubt |
| SOUTH EASTERN BAPTIST ASSOCIATION | £656k | — | 0 | above | — | no doubt |
| GRACE BAPTIST PARTNERSHIP | £262k | — | 0 | below | — | no doubt |
| THE BAPTIST UNION OF GREAT BRITAIN | £11.1m | — | 2 | unclear | — | no doubt |
| GRACE BAPTIST CHARITIES LIMITED | £226k | — | 0 | unclear | — | no doubt |