Great Victoria Street Baptist Church
Latest income
£620k
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that unrestricted reserves stood at £184,207 at the end of the financial year, representing an increase from the previous year. The charity reported a net income of £234,629 for the year, supported by total incoming resources of £439,702. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Payments to trustees: 4 trustees were employed by the Church during the year. In the capacity as employees they received remuneration totalling £91,725 during the financial year. No remuneration was paid in relation to their duties as trustees.
“4 trustees were employed by the Church during the year. In the capacity as employees they received remuneration totalling £91 ,725 during the financial year. No remuneration was paid in relation to their duties as trustees.” — page 20
Per FY2024 accounts as filed with CCNI.
Related-party transaction: GVBC Property Ltd
“During the year the Trustees formed a company limited by guarantee, GVBC Property Ltd (N1711686), to manage redevelopment of the Church property, at 66a Great Victoria Street, Belfast.. Payments advanced to this related entity during the year, in relation to costs incurred, amounted to £34,916 and have been reflected within note 9 of the accounts” — page 23
Per FY2024 accounts as filed with CCNI.
Related-party transaction: Association of Baptist Churches in Ireland
“During the year the Trustees formed a company limited by guarantee, GVBC Property Ltd (N1711686), to manage redevelopment of the Church property, at 66a Great Victoria Street, Belfast.. Payments advanced to this related entity during the year, in relation to costs incurred, amounted to £34,916 and have been reflected within note 9 of the accounts” — page 23
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Trading subsidiary: GVBC Property Ltd
“During the year the Trustees formed a company limited by guarantee, GVBC Property Ltd (N1711686), to manage redevelopment of the Church property, at 66a Great Victoria Street, Belfast.. Payments advanced to this related entity during the year, in relation to costs incurred, amounted to £34,916 and have been reflected within note 9 of the accounts” — page 23
Per FY2024 accounts as filed with CCNI.
Independent examiner: Johnston Kennedy DFK
Per FY2024 accounts as filed with CCNI.