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SOUTH WEST BAPTIST ASSOCIATION Financials

Company number
06501705Copy
Copy
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

£2.83M2025
8.52%vs 2024

2024: £2.61M

Total Assets

£4.08M2025
11.99%vs 2024

2024: £3.64M

Cash in Bank

£398.65K2025
2.32%vs 2024

2024: £389.61K

Total Liabilities

£57.96K2025
187.68%vs 2024

2024: £20.15K

Employees

62025
-1vs 2024

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

£2.83M2025
8.52%from £2.61M in 2024

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

£2.72M2023£2.83M2025
+4.1%vs 2023

+2% a year compound (CAGR)

Cash in Bank

£225.01K2023£398.65K2025
+77.2%vs 2023

+33.1% a year compound (CAGR)

Total Assets

£3.98M2023£4.08M2025
+2.5%vs 2023

+1.2% a year compound (CAGR)

Total Liabilities

£6.01K2023£57.96K2025
+865%vs 2023

+211% a year compound (CAGR)

Employees

7202362025
-14.3%vs 2023-1

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.

Indicator2022202320242025
Net Assets£2.58M2.72M2.61M2.83M
Total Assets£–3.98M3.64M4.08M
Cash in Bank£132.11K225.01K389.61K398.65K
Total Liabilities£–6.01K20.15K57.96K
Employees4776

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.