Portstewart Baptist Church
Latest income
£672k
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that total unrestricted funds increased to £4,805,433, supported by a net surplus of £100,966 for the year. The charity holds significant tangible assets valued at £4,469,985 and maintains cash reserves of £354,683, with minimal liabilities of £12,900. The trustees confirm that there are no funds held by the Church that are materially in deficit.
What the accounts disclose
Payments to trustees: Trustees' remuneration including pension contributions: £97,819; Trustees' expenses: £2,252
“Trustees’ remuneration and expenses are detailed in note 16. Remuneration and expenses paid to trustees relate solely to their duties as employees.” — page 18
Per FY2024 accounts as filed with CCNI.
Related-party transaction: Trustees' remuneration and expenses are detailed in note 16. Remuneration and expenses paid to trustees relate solely to their duties as employees. These are the only related party transactions in the year ended 31 December 2024.
“Trustees' remuneration and expenses are detailed in note 16. Remuneration and expenses paid to trustees relate solely to their duties as employees. These are the only related party transactions in the year ended 31 December 2024.”
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Independent examiner: McCleary & Company Ltd
Per FY2024 accounts as filed with CCNI.