SOUTH WEST BAPTIST ASSOCIATION Financials
- Company number
- 06501705CopyCopy
- Registered office
- Wonford Baptist Chapel, 36-38 Wonford Street, Exeter, Devon EX2 5DL
- Incorporated
- 12/02/2008
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
2024: £2.61M
Total Assets
2024: £3.64M
Cash in Bank
2024: £389.61K
Total Liabilities
2024: £20.15K
Employees
2024: 7
In 2025, SOUTH WEST BAPTIST ASSOCIATION reported net assets of £2.83M. The same filing shows total assets of £4.08M, cash in bank of £398.65K and total liabilities of £57.96K. Reported headcount was 6 in 2025. Total Assets rose from £3.64M in 2024 to £4.08M in 2025 (11.99%). Okredo holds filed figures for 2022–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SOUTH WEST BAPTIST ASSOCIATION filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+2% a year compound (CAGR)
Cash in Bank
+33.1% a year compound (CAGR)
Total Assets
+1.2% a year compound (CAGR)
Total Liabilities
+211% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+865%
£6.01K in 2023 to £57.96K in 2025
Biggest decrease
Employees-14.3%
7 in 2023 to 6 in 2025
SOUTH WEST BAPTIST ASSOCIATION's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SOUTH WEST BAPTIST ASSOCIATION's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 69.48%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 1.42%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 687.83%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 9.78%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SOUTH WEST BAPTIST ASSOCIATION by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 2.58M | 2.72M | 2.61M | 2.83M |
| Total Assets£ | – | 3.98M | 3.64M | 4.08M |
| Cash in Bank£ | 132.11K | 225.01K | 389.61K | 398.65K |
| Total Liabilities£ | – | 6.01K | 20.15K | 57.96K |
| Employees | 4 | 7 | 7 | 6 |
SOUTH WEST BAPTIST ASSOCIATION financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SOUTH WEST BAPTIST ASSOCIATION covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
SOUTH WEST BAPTIST ASSOCIATION reported net assets of £2.83M for 2025. That compares with £2.61M in 2024, a change of 8.52%.
SOUTH WEST BAPTIST ASSOCIATION reported total assets of £4.08M for 2025. That compares with £3.64M in 2024, a change of 11.99%.
SOUTH WEST BAPTIST ASSOCIATION reported cash in bank of £398.65K for 2025. That compares with £389.61K in 2024, a change of 2.32%.
SOUTH WEST BAPTIST ASSOCIATION reported 6 employees in 2025, compared with 7 in 2024.
Between 2023 and 2025, SOUTH WEST BAPTIST ASSOCIATION's net assets rose by 4.1%, cash in bank rose by 77.2%, total assets rose by 2.5% and total liabilities rose by 865%. Net assets compounded at 2% a year across the two years to 2025, from £2.72M to £2.83M. Reported headcount went from 7 in 2023 to 6 in 2025 (-1).
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.