Duncan Street Baptist Church
Latest income
£113k
Latest spending
£105k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £29,952 for the year ended 31 December 2024, resulting in total unrestricted and designated funds carried forward of £132,688. The trustees confirm that general reserves of £108,206 are above the policy target of approximately three months of regular running costs. The independent examiner reported no matters requiring attention, indicating the accounts comply with regulatory requirements.
What the accounts disclose
Payments to trustees: The Pastor, who is a Trustee, received a salary of £34,084 and expenses of £896. A relative of a Trustee was employed as a cleaner and received £1,677.
“The Pastor who is also a Trustee was paid a salary for his role as Pastor during the year of £34,084 (2023: £32,000) as well as expenses totalling £896 (2023: £839).”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Trustee remuneration
“The Pastor who is also a Trustee was paid a salary for his role as Pastor during the year of £34,084 (2023: £32,000) as well as expenses totalling £896 (2023: £839). Contributions were made on his behalf to a pension scheme totalling £3,900 (2023: £3,692). Residential accomodation is also made available to the Pastor.”
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Relative employment
“The Pastor who is also a Trustee was paid a salary for his role as Pastor during the year of £34,084 (2023: £32,000) as well as expenses totalling £896 (2023: £839). Contributions were made on his behalf to a pension scheme totalling £3,900 (2023: £3,692). Residential accomodation is also made available to the Pastor.”
Per FY2024 accounts as filed with OSCR.