Grace Baptist Association

Registered charity 276352 · accounts filings on the Charity Commission register · also known as AGBC (SE), THE ASSOCIATION OF GRACE BAPTIST CHURCHES (SOUTH EAST)

Latest income
£424k
Latest spending
£519k
Registered
1978
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that total funds decreased by 7.5% to £6,707,605, driven by a deficit on the General Fund of £61,646 and unrealised investment losses of £380,131. Unrestricted reserves stood at £6,211,657, which the trustees note is below their stated policy target of six months' unrestricted expenditure. The charity reported a net loss on investments but confirmed no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Accounts audited by Jacob Cavenagh & Skeet.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£1.6m
Total spending
£536k
Cost of raising funds
£22k
Reserves (reported)
£7.5m
Employees
5

Reported reserves equal ~167.0 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Register events

Trustees

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

Operates in: Buckinghamshire · East Sussex · Essex · Hampshire · Hertfordshire · Kent · Oxfordshire · Surrey · Throughout London · West Sussex

Income and spending

Financial year endIncomeSpending
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?

The accounts state that total funds decreased by 7.5% to £6,707,605, driven by a deficit on the General Fund of £61,646 and unrealised investment losses of £380,131. Unrestricted reserves stood at £6,211,657, which the trustees note is below their stated policy target of six months' unrestricted expenditure. The charity reported a net loss on investments but confirmed no material uncertainties regarding its ability to continue as a going concern. Its FY2022 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

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
GRACE BAPTIST CHARITIES LIMITEDFY2022£10k

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 LONDON BAPTIST ASSOCIATION.