BASINGSTOKE COMMUNITY CHURCHES
Hub Community Church
Hope Community Church
Life Spring Community Church
Tadley Community Church
ANNUAL REPORT &
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
CONTENTS
Page
Trustees, Advisors and Charity Information
Trustees, Report
Independent Examiner's Report
10-11
Statement of Financial Activities
12
Balance Sheet
13-14
Statement of Cash Flows
15
Notes to the Financial Statements
16-25
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BASINGSTOKE COMMUNITh CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES AND ADVISORS
Trustees I directors
The Trustees I directors during the year and to date of report were as follows..
Philip Wraight
Ben Oliver
Gary Bastin
Jonathan George
David Butler
Andrew Taylor
Joy Wake (appointed 17 October 2024)
Lucy Tate (resigned 16 November 2023)
Asher Stanford (resigned 4 September 2024)
Company Secretary
Mark Nash
Advisors
Bankers
Barclays Bank plc
8 Market Place
Basingstoke
Hampshire RG217QA
Independent Examiner
Andrew Skilton
Brewers Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey GU5 9LY
Registered Office
The Sarum Hill Centre
Sarum Hill
Basingstoke
Hampshire RG218SR
Company limited by guarantee number
03476768
Registered Charity Number
1067316
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES, REPORT
The Trustees, who are directors of the Charity for the purposes of company law, present their
report and the financial statements for the year ended 31 March 2024. Details of Trustees and the
Churches, advisors are set out on page 2.
Constitution and Objects
Basingstoke Community Churches is a Charity, constituted as a company limited by guarantee,
and governed by its Memorandum and Articles of Association.
The Churches meet in local congregations which have been given local autonomy whilst continuing
to work closely together as a family of churches.
The objects of the Charity are..
The advancement of evangelical Christian causes which are pursued through a number of local
congregations in the Basingstoke area, and involvement with other churches in the UK and
overseas.
The relief of poverty and hardship in various forms.
Such other charitable purposes beneficial to the community as a whole.
The Trustees delegate the management of the Charity to the local Core Team and the elders of
the Basingstoke Community Churches. Some of the Trustees are also elders of the local churches.
The Trustees are appointed by ordinary resolution at a general meeting by the members of the
Charity, most of whom are also elders in the churches.
Structure and organisation
Basingstoke Community Churches is made up of four local churches in the area, each of which is
governed by a team of elders, assisted by an administrator and a treasurer. The local churches
develop their own local expression and involvement in the community whilst retaining the overall
values and ethos of the whole.
There is a core team made up of the main leaders of each of the four churches along with some
other leaders who have a ministry across all the churches - this team oversees corporate strategy
and values. The Trustees have legal responsibility for the activities of all the churches. The core
team and Trustees are served by a team caring for the buildings and a central finance and
administration team.
Induction and Training of Trustees
Trustees are carefully selected for their suitability. Once appointed, they undertake an induction
programme in order to fully familiarise them with the workings of the Charity.
Activities and Achievements
The year beginning April 2023 began in the core team with some constructive input from an
organisation called Authentic Business (AB). They work in a variety of organisations, including
charities, churches and businesses, coaching them in a variety of ways. They helped us face some
of the travail and pain of the past, the seismic changes from leaving S & L, and helped us develop
our team togetherness and awareness. Included in that was gaining a greater awareness of each
person's contribution and how in their thriving they can contribute to the whole. Trust feels high,
albeit there is always more work to do. In addition, AB helped us focus again on what we are trying
to achieve and support as a core team, and as 2 family of churches together. How do we have a
sense of direction, or north star, that captures and supports what each church is pursuing in
God? This process has included firming up on our shared name as Community Churches
Connected (CCC) - this was something the core team explained in a video communication to the
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES. REPORT
churches and followed up in a CCC gathering in Autumn 23. At that gathering we had the delight
of Rachel Jordan-wolf from Hope Together speaking, an inspiring enigmatic evangelist. It was
really good to be together as churches, and there was a lot of positive feedback. In light of our
changed name, we have sought input from the church leadership teams regarding how they are
progressing in outworking their vision as a means for us to have an overall view on our shared life
in God. Growth & Impact remains something of a focus for us together, as something of a purpose
or north star, but not simply a 'numbers' gamel Questions around growing in Christ, growing
according to the vision God has given each church, as well as getting a feel for baptisms and lives
being changed is an attempt to have a more rounded approach than simply numerical. We are
interested in new initiatives that God is leading us in to and whether we can learn from each other
as churches. So, knowing those things and trying to communicate them is important.
Many of the CCC leaders took part in the Forge retreat in January 2024, with Howard Satterthwaite,
a leadership coach who is a former pastor from Westminster Chapel London, now working for the
international outreach charity Open Doors. He spoke through reflections on a variety of storms we
face in life and helped us think biblically and reflectively about them.
As we ended the year, finances remained challenging, especially for the Hub. But work was being
done and prepared for the coming year. Hub have lost some momentum over recent years, with
the arrival of an HTB backed ministry in town working across the Anglican circuit, being a blessing
and a challenge - a blessing because they do so much good in our town and add to the momentum
of Christian witness in the area, but a challenge because with the loss of momentum and difficulty
in Hub a number of folks felt their futures lay in joining and supporting this new venture. It is
understandable in so many ways and adds to the ability of the new venture to have a positive
impact, but of course further hinders Hub's recovery and momentum. It has only increased the
sense of pain felt by many in Hub over the difficult few years it has experienced. Thankfully we are
all God's church, and He knows.
The community activity of Foodbank, street pastors, and Money Lifeline continue to bless and aid
some in the wider community, and CCC has played its part in this provision. The winter night shelter
was once again supported by CCC, and significant numbers of hampers were given out to the
community via local agencies. Church members continue to serve in the town and area in a whole
variety of ways, taking their place as God's people in the whole of life.
Basingstoke Community Churches Review
Ho
e Communit Church
The last 12 months have been good and encouraging for Hope Community Church.
We launched 'Easter Alive!, an all-age event explaining the Christian message of Easter. This was
popular and attracted over 200 guests from the community.
We ran the Alpha Course after Easter, offering people an opportunity to investigate the Christian
faith. We had a regular attendance of about 15 guests, and some came to faith and joined the
church.
In the Autumn we started Café Church once a month, run by some of our younger families, which
has gone well. They are particularly suitable for those with young children.
Our annual Blazing Light Party and Christmas events saw over 500 people come along. One
person said that these are now part of their family traditions, which is lovely.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES. REPORT
We have seen new people join the church, of different ages and from a variety of cultures and
backgrounds. This has resulted in an increase in our finances, which is a blessing.
We continue to run midweek Connect Groups as well as specific events for men and women. We
also provide two groups for the elderly, retired, and those not in work.
Our Family Worker continues to lead our children's work (Hope Kids) and our weekly parent and
toddler group (Bouncing Beans). Both these have seen a steady increase in attendance. She has
also made good connections with non-church support agencies such as Home Start and
Flutterbyes, both of which use our building to meet in.
Our Youth Pastor continues to support our young people with weekly evening and Sunday
gatherings. He works closely with the other youth pastors across the town (leading town wide youth
'B.'United' events) as well as youth leaders in our wider network. He continued a Lv14 Therapeutic
Counselling Course which we are supporting.
Our Associate Pastor has developed work with the men, midweek groups, pastoral care and Bible
teachinglequipping.
Our 'English Café, continues to serve many international people, including some asylum seekers.
With all these activities and growth, we have expanded our leadership team to help spread the
load.
We have had a good year, for which we are very grateful to God for. We are blessed to have lots
of people in the church, who continually give and serve, so that we can achieve all we dol
Tadle
Communit Church
Community Church Tadley serves the town of Tadley and the surrounding villages north of
Basingstoke. We're an evangelical church for people of all ages, from children and young people
to seniors. We arrange meetings, events and support for the local community.
On Sundays we gather at the Tadley Community Centre and during the week in small groups in
various locations around Tadley.
Working co-operatively with Churches Together Around Tadley and the local town council we seek
to see people's spiritual, social, and physical wellbeing improve, and for them to be inspired and
enabled by the life of Jesus.
In the past year the church has grown in numbers and impact in a number of ways..
In schools our fulltime Children and Youth Community Pastor has established our work in schools
to help improve the wellbeing of children. The number of volunteer mentors and supported children
has grown and is highly valued by school leadership teams, parents, and children.
Outside of school we support children through the annual Summer Holiday Club, October Blazing
Light Party and Friday Night Youth Club.
The number of people being supported through the local Foodbank and Lunch CILJb for the elderly
continues to grow. Through leadership of the Tadley Wellbeing forum we are also developing ways
in which a more connected compassionate community can be established.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES. REPORT
The Alpha course has run again, and we have started a new two-year initiative with Share Jesus
International to help people more readily share the good news in Jesus with others.
We expect these initiatives to continue to grow in the coming year as well as providing more support
for those bereaved by running The Bereavement Journey and developing a community chaplaincy
service. All of this will be underpinned by equipping and enabling the church for more community
wide prayer.
Lifes
rin
Communit Church
There is life in Lifespring, and that is a beautiful thingl We continue to attempt to live out our tagline
which is 'Rooted in Jesus, Making Him Known,. We gather on Sundays as our consistent meeting
at St. Luke's Hall and numbers have gone up over the year to where we are more like 45+ or -
most Sundays rather than 35+ or- This may not seem like much change but in a group that 'small'
you can really feel that difference. On Sundays when we have imPORTant Sundays which are
focused at people who are further afield or not involved hardly at all we often have bigger crowds
than 'normal' Sundays.
Our reach in a given week is higher than it used to be because not only are there more attending
on Sundays, but we also have midweek gatherings and connections on WhatsApp which bring in
more people who do not necessarily connect on Sundays. Our online presence continued through
this period too, as we had Sunday Night Zoom Group which was usually 10 people. The
housegroup in Oakley has been online since Covid and piGks up more people than previously
including a couple from Scotland and Annie Crowe our missionary in Uganda.
We've run a number of online discipleship courses including The Bible Course and at the very end
of this period a course that our leader Earl wrote called 'Following Jesus, the journey of a Lifetime,.
We've also had a connect group which met at Pueblo for quite some time and pulled in many from
the Overtonlwhitchurch side of the church body. Alpha has proven to be popular once again as
we ran one starting in February of 2024.
In November of 2023 the leadership team began conversations as to whether Lifespring could take
on Pueblo as a project and missional base. Sadly, the Agreda's had to figure out a way to close
down the business. As it happened after including the church in much conversation, prayer and
consultation it was decided that Lifespring would not take on that premises and the business did
in fact close in mid-February of 2024. It was a base of much ministry, friendship and brought so
much life to the village.
Also, during this time there has been increased youth work happening in the church with the
Brown's meeting with the younger youth and Lannah starting to gather a couple of older girls too.
We've been pleased to have a new children's worker, Alex Pike come on board and the work on
Sunday mornings has been a consistent part of what happens weekly.
Our connections with local churches, BCCS and Forge continue to grow or stay about the same.
We've had many Forge speakers in throughout this time frame which has strengthened those
connections more. Our relationship with Kakeeka Church in Kampala continues to stay strong and
through conversations with Annie Crowe we are able to keep the church up to speed on prayer
points and what is happening there too.
We want to continue living out our statement of 'Rooted in Jesus, Making Him Known, and through
study of the Word, worship, working together, taking advantage of mission opportunities and
stepping out in faith this will keep on happening well past the time the next trustees report is due.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES. REPORT
Hub Communit Church
In this financial year, Hub Community Church has continued to gather on Sunday afternoons at
London Street URC. In addition, gatherings take place in smaller settings for our midweek small
groups, prayer gatherings, relational building events, as well as in groups centred around our vision
to serve those in our local community.
At our gatherings we have worshipped together, eaten together at our Sunday Brunch events, and
have encouraged one other through stories from our lives and teaching from the Bible. We have
continued to work hard at encouraging and involving a greater number of people from the church
community in delivering the content and welcoming people, some who were passing by on the
street, to our gatherings. We continued to serve and minister as much as we were able with asylum
seekers located in nearby hotels, helping them with both their physical material needs, with English
language skills, and also providing opportunities for community. We also continued to develop
connections with those from Hong Kong in Basingstoke and a number have continued to attend
special events we have put on. We continue to try to reach out and bless these newcomers in our
town. Our desire is that many would come to know Jesus.
A growing number in the church community have continued going out onto the streets of
Basingstoke to act with compassion in the community by offering prayer and sharing the Gospel.
There have been some great stories as people encounter God on the streets and seeds are sown
in their lives. We hope this continues and look forward to seeing how this ministry develops in the
months to come.
The children's and youth work continues to be a real highlight in the life of the church
community. We continue to see both the younger and older youth grow as our young people invite
their friends and be open about what Jesus has done in their lives. We have seen several of the
young people get baptised and there is a great feel and atmosphere when they meet, and genuine
friendships are being made. We also support our young people who are at university.
International connections continue to develop, particularly into India where four churches are now
connected with us. A team visited in the autumn of 2023, and we are looking to increase those
trips to two in 2024. These trips involve encouraging church leaders, meeting with churches, and
helping them to operate and expand their influence as they seek to spread the good news of Jesus
and be a blessing to their communities.
In relation to the church finances, this continued to be an area of significant challenge with the
church having a significant shortfall at the end of the financial year. This meant the church could
no longer sustain its level of paid staff. In light of this, there are difficult decisions ahead. To
navigate this, a Financial Review Team was asked to conduct a review beginning in March 2024
with the following remit:
1) To consider the most appropriate way to help make the church become financially stable into
the future, through interaction with both HLT and some church members, considering both
redundancy and reduced hours.
2) As a secondary aim, to pass on any reflections pertinent to understanding recent history and
to enable future planning.
Whilst this has been a challenging time financially for the church, the church and its leadership look
forward to all that God has for us in the next financial year and are excited by the areas the church
has been able to bless and minister in the local community.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES. REPORT
Financial Review
Tithe Income was £542,519 (2023.. £505,641), a rise of 70/0 on the previous year. Total Incoming
Resources were £888,700 {2023: £835,667), a 60/0 rise on the previous year. Total Expenditure,
used to meet our ongoing objectives, was £956,188 (2023 £982,712), a reduction of 3 %.
As set out in Note 7 of the financial statements, gifts and donations made by the churches totalled
£168,926 (2023.. £148,464) these comprise gifts made by the churches, leadership and also
include amounts specified by the donors. They are made to people and organisations with whom
we have an ongoing relationship and therefore accountability in seeing that the money is used
appropriately in accordance with the gift.
The financial position at 31 March 2024 is considered satisfactory for future activities. We have
continued to navigate an ongoing challenge with the issues affecting the Hub as highlighted in the
report, this has settled somewhat towards the end of the period and we look forward to reporting
on the end of this and a more positive outlook moving fO￿ardS. We have continued to have some
reliance on the charity's reserves, however this has been balanced to some extent by the ability to
use our reserves to achieve some better interest returns. The charity still has significant Gash
balances after the sale of two properties in 2019. Our reserves policy can be found in the
accounting policies (note 1 to the financial statements). Our resetves policy is to aim to hold cash
balances equal to three to four months of expenditure. The current situation is well within that policy
and additional reserves in anticipation of a purchase of some land and then an ongoing building
project to provide a new home for one of our congregations.
Public Benefit. When assessing the activities and achievements of the Charity, the Trustees have
considered the Charity Commission guidance on public benefit, and in particular, the guidance for
charities on the advancement of religion.
Risk Assessment. The Trustees have given consideration to the major risks to which the Charity
is exposed and are satisfied that there are measures in place designed to mitigate those risks.
Statement of Trustees, Responsibilities
The trustees (who are also the directors for the purpose of company law) are responsible for
preparing the Annual Report and the financial statements in accordance with applicable law and
regulations.
Charitable company law requires the Trustees to prepare financial statements for each financial
year. Under that law the Trustees must prepare the financial statements in aGcordance with United
Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and
applicable law). Under company law the Trustees must not approve the financial statements unless
they are satisfied that they give a true and fair view of the state of affairs of the Charitable company
and of the incoming resources and application of resources, including the income and expenditure,
of the Charitable company for that period.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
TRUSTEES, REPORT
In preparing these financial statements, the Trustees are required to..
a) select suitable accounting policies and then apply them consistently.,
b) observe the methods and principles in the Charities SORP..
c} make judgments and accounting estimates that are reasonable and prudent.,
dl slate whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements., and
e) prepare the financial statements on Ihe going concern basis unless it is inappropriale to
presume that the Charitable company will continue to operate.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show
and explain the Charitable company's transactions and disclose with reasonable accuracy al any
time the financial position of the Charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assels of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
The financial statements..
> have been prepared in accordance with the accounting policies set out in notes to the
financial statements.,
> comply with the Charity's governing document.,
comply with the Companies Act 2006., and
comply with Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland.
The Trustees Report has been prepared in accordance with the special provisions of Part 15 of
the Companies Act 2006 relating to small companies.
This report was approved by the Trustees on 16 December 2024 and signed on their behalf.
Andrew Taylor, Trustee and director
Gary Basti
stee and director
Page 9

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
INDEPENDENT EXAMINERS'S REPORT TO THE TRUSTEES OF BASINGSTOKE
COMMUNITY CHURCHES
I report to the Trustees (who are also directors for the purpose of company law) on my examination
of the financial statements of Basingstoke Community Churches ('the Charitable company,) for the
year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet
the Statement of Cash Flows and related notes.
This report is made solely to the Charity's Trustees, as a body, in accordan￿ with section 145 of
the Charities Act 2011. My work has been undertaken so that I might state to the Charity's Trustees
those matters l am required to state to them in this report and for no other purpose. To the fullest
extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity
and the Charity's Trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the Trustees of Charitable company you are responsible for the preparation of the financial
statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the financial statements of the Charitable company are not required to
be audited under Part 16 of the Act and are eligible for independent examination, I report in respect
of my examination of the Charitable company's financial statements carried out under section 145
of the Charities Act 2011 ('the 2011 Act,) and in carrying out my examination I have followed all the
applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in
an audit and consequently does not cover all the matters that an auditor considers in giving their
opinion on the financial statements. The planning and conduct of an audit goes beyond the limited
assurance that an independent examination can provide. Consequently l express no opinion as to
whether the financial statements present a 'true and fair, view and my report is limited to those
specific matters set out in the independent examiner's statement.
Independent examiner's statement
Since the Charitable company's gross income exceeded £250,000 your examiner must be a
member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake
the examination because l am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charitable company as required by
section 386 of the 2006 Act., or
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the financial statements give a 'true and fair
view which is not a matter considered as part of an independent examination., or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Page 10

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
INDEPENDENT EXAMINERS'S REPORT TO THE TRUSTEES OF BASINGSTOKE
COMMUNITY CHURCHES (continued)
I have no concerns and have Gome across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
financial stat
ents to be reached.
Andrew Skilton, ACA
Independent Examiner
Brewers, Chartered Accountants
Bourne House
Queen Street
Gomshall
Surrey GU5 9LY
Date: 16 December 2024
Page I I

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 March 2024
(Including Income & Expenditure Account)
2024
Total
Funds
2023
Total
Funds
Unrestricted Funds
General
Designated
Restricted
Funds
Notes INCOME AND
ENDOWMENTS from:
3a
Donations and
legacies
3,685
662,621
165,907
832,213
824,216
3b
Charitsble Activities
5,000
5,000
5,000
Investment Income
45,186
6,301
51,487
6,451
Total
48,871
673,922
165,907
888,700
835,667
EXPENDITURE on:
Raising funds
1,419
1,419
Charitable Activities
203,543
589,152
162,074
954,769
982,712
Total
204,962
589,152
162,074
956,188
982,712
Net Income I
(Expenditure)
156,091L
84,770
67,488
147,045
Transfers between
11&12 funds
163,431
(163,431)
Net Movement in
Funds
7,340
78,661
3,833
67,488
147,045
Total Funds at 1 April
2023
1,375,877
504,786
125,158
2,005,821
2,152,866
Total Funds carried
fonNard at 31 March
2024
1,383,217
426,125
128,991
1,938,333
2,005,821
The notes on pages 16 to 25 form part of these financial statements.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
BALANCE SHEET AS AT 31 MARCH 2024
Company registration number 03476768
2024 £
2024 £
2023 £
2023 £
Notes
FIXED ASSETS
Tangible fixed assets
377,989
393,264
CURRENT ASSETS
Debtors and prepayments
Bank and cash balances
66,602
1,515 181
42,939
1589,776
1,581,783
10 CREDITORS: Amounts falling due within one year
21,439
1,632,715
20,158
NET CURRENT ASSETS
1,560,344
1,612,557
NET ASSETS
1,938,333
2,005,821
Represented by FUNDS:
Unrestricted Funds:
General funds
1,383,217
1,375,877
11
Designated Funds
426,125
504 786
1,809,342
1,880,663
12
Restricted Funds
128,991
125,158
1,938,333
2,005,821
The Charitable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 March 2024.
The Trustees have not required the Charitable company to obtain an audit of its financial
statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies
Act 2006.
The notes on pages 16 to 25 form part of these financial statements.
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BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
BALANCE SHEET AS AT 31 MARCH 2024 - continued
Company registration number 03476768
The Trustees acknowledge their responsibilities for
(a) ensuring that he Charitable company keeps accounting records that comply with Sections
386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the stale of affairs of the
Charitable company as al the
{cl end of each financial year and of ils surplus or deficit for each financial year in accordance
with the requirements of Sections 394 and 395 and which olhetwise comply with the
requirements of the Companies Act 2006 relating lo financial statements, so far as
applicable to the Charitable company
The notes These financial statements have been prepared in accordance with the provisions
applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Trustees on 16 December 2024 and signed on
their behalf
Andrew Taylor, Trustee and director
GaryB
in, Trustee and director
The notes on pages 16 to 25 fomi part of these financial statements.
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BASINGSTOKE COMMUNI￿ CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
STATEMENT OF CASH FLOWS
For the year ended 31 March 2024
2024
2023
Note
CASH FLOWS FROM OPERATING ACTIVITIES
Net income l (expenditure) for the year
(67,488)
(147,045)
Adjustments for:
Depreciation charges
Interest received from investments
(Increase) I decrease in debtors
(Decrease) l increase in creditors
15,275
(51,487)
(23,663)
1,281
15,274
(6,451)
2,901
(2,246)
10
NET CASH PROVIDED BY (USED IN) OPERATING
ACTIVITIES
126,082
137,567
CASHFLOWS FROM FINANCING ACTIVITIES
Interest received from investments
51,487
6,451
NET CASH PROVIDED BY (USED IN) FINANCING
ACTIVITIES
51,487
6,451
CHANGE IN CASH AND CASH EQUIVALENTS IN
THE YEAR
74,595
131,116
Cash and cash equivalents brought forward
1,589,776
1,720,892
Cash and cash equivalents carried forward
1,515,181
1,589,776
The notes on pages 16 to 25 form part of these financial statements.
Page 15

BASINGSTOKE COMMUNITr CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting Policies
a. Basis of preparation of the financial statements
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (2nd edition, effective January
2019), "Charities SORP" and Companies Act 2006.
Basingstoke Community churches meets the definition of a public benefit entity under
FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy.
b. Going concern
The Trustees have assessed whether the use of the going concern basis is appropriate,
they have considered events, circumstances or conditions that might cast significant
doubt on the ability of the Charity to continue as a going concern. The trustees made
this assessment for a period of at least one year from the date of approval of the
financial statements. The Trustees have continued to exercise due diligence in
monitoring and requesting of information with increased regularity from the churches as
they continue to track the financial situation. After making these enquiries, the Trustees
have concluded that there is a reasonable expectation that the Charity has adequate
resources to continue its activities for the foreseeable future. Accordingly, they continue
to adopt the going concern basis in preparing the financial statements.
c. Income
Gifts, tithes and donations are recognised as income when received, together with the
associated tax credit.
Legacy income is recognised when it is reasonable to assume that this income will be
receivable. It is included in the SOFA at the value based on information provided.
Income from charitable activities is recognised when the Charity is considered to be
entitled to apply the resource and the likelihood of receipt is established with reasonable
accuracy.
d. Expenditure
Expenditure is accounted for on an accruals basis as soon as there is a legal or
constructive obligation to transfer economic benefits as a result of past transactions or
events, it is probable that the transfer of economic benefit will be required in settlement
and the monetary value of the settlement can be measured with sufficient reliability.
Governance costs comprise external audit and all costs of complying with constitutional
and statutory requirements.
e. VAT
Due to the nature of the Charity's activities, the Charity falls outside the scope of VAT
and therefore it's Income and Expenditure, as stated, is VAT inclusive.
f. Cash management
Cash not required for day-to-day operations, but for the medium term is placed, via the
CAF Charity Deposit Platform, on deposit having regards to the duration, amount
relative to the Financial Services Compensation Scheme limit. The CAF Platform is a
charity deposit platform provided by Flagstone Investment Management which enables
the charity to diversify its cash holdings.
Page 16

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
1. Accounting Policies continued
g. Funds
Restricted Funds are separately identified and appropriately described. General Funds
are not subject to any restrictions regarding their use and are available for application
to the general purposes of the Charity. The individual churches, income and expenditure
are designated by the Trustees, except where the income is restricted by the donors.
The accounts include all the transactions, assets and liabilities for which the Charity is
responsible in law. They do not include the accounts of groups that are informal
gatherings of church members.
h. Reserves
The reserves policy for Basingstoke Community Churches is to aim to hold three to four
months surplus to cover expenditure (equivalent to £250,000 to £300,000) as cash
reserves in addition to fixed assets held and used for the churches, aims and purposes.
This level of reserves should ensure that at any time of the year the Church is not
required to borrow funds on overdraft from its bankers. Currently this figure is lower due
to a large proportion of the charity reserves being held in deposit account to supplement
income and reduce deficits and the use of reserves to fund the charity activities.
However, this is monitored to ensure that funds to the value quoted above are only ever
held in short term deposit accounts, thus achieving the same aim of not having to rely
on borrowing. Additional reserves above the figure quoted above are generated with a
view to funding longer term projects. The trustees are aware of the current high levels
of reserves held within the charity. The trustees have decided to approve this as the
charity intends to use the surplus funds from the sale of two buildings in 2019 to provide
a new home for one of the congregations and to enable the continuing activities of the
charity.
Fixed Assets and Depreciation
Land and buildings are shown at cost. In January 2015 the Trustees consulted local
agents and estimated the market value of the remaining property held to be £0.9million.
Sarum Hill - Estimated market value.
£0.9 Million
Fixed assets over £5,000 are capitalised and depreciation is calculated to write off the
cost over the estimated useful life as follows..
Land
Buildings
4 % Straight line per annum
Pension Scheme
Basingstoke Community Churches operates a defined contribution pension scheme for
staff. The scheme is administered by Standard Life and is a qualifying workplace
scheme for auto enrolment. Employer contributions are charged to the Income and
Expenditure Account as they become payable.
k. Leasing Commitments
Rentals paid under operating leases are charged to the profit and loss account on a
straight line basis over the period of the lease.
Financial Instruments
Basingstoke Community Churches holds only basic financial instruments. Debtors are
measured at historic cost and are held at settlement amount net of any discounts less
any provision for non-recoverability. Creditors are measured at historic cost and are
held at settlement amount net of discounts.
Page 17

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
2. Trustees and connected persons
During the year the following payments were made to Trustees and connected persons"
Pension
Contribution Expenses
Salary
Gary Bastin
44,677
5,300
208
Totals
44,677
5,300
208
In 2023 total remuneration of £47,868 was paid to one Trustee.
The Charity contributed £5,300 (2023 - £4,968) to a Group Personal Pension Plan during the
year. There were no outstanding contributions at the year-end.
Approval has been received from the Charity Commission to make payments to Trustees.
Trustees, expenses £3,854 {2023 - £5,635) were paid in the year, relating to travel and motor
expenses.
No employee received remuneration in excess of £60,000.
Related Parties:
Philip Wraight is a Trustee of The Safe, Basingstoke Ltd to which gifts and donations were
made in the year (see Note 7) of £2,015.
The total donations received from Trustees and related parties was £32,336 (2023.. £32,336).
3.a Income from Donations and Legacies
Unrestricted Funds
General Designated
Restricted
Funds
Total
2024
2023
Donations
Gift Aid Tax reclaims
3,685
545,549
117,072
662,621
165,907
715,141
117,072
832,213
715,403
108,813
824,216
3,685
165,907
3.b Income from Charitable Actives
Unrestricted Funds
General Designated
Restricted
Funds
Total
2024
2023
Events and sundries
5,000
5,000
5,000
5,000
5,000
5,000
Page 18

BASINGSTOKE COMMUNI￿ CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
4 Raising funds
Unrestricted Funds
General Designated
Restricted
Funds
Total
2024
2023
Investment management
costs
1,419
1,419
1,419
1,419
5,000
5,000
5. Cost of charitable activities
Unrestricted Funds
General Designated
Restricted
Funds
Total
2024
2023
Direct Charitable Costs
Missions & Projects
Support
Pastoral Costs
Ministry Support
Premises
15,104
467,396
37,413
63,952
583,865
162,074 177,178 232,115
550,122 524,767
43,878
35,372
73,554
76,658
162,074 844,732 868,912
82,726
6,465
9,602
98,793
Support & Administration
Administration Costs
Legal & Compliance Costs
Governance costs..
Independent
Examination
Accounts preparation
Bank charges & Interest
Trustee Liability Insurance
Depreciation
80,415
124
4,884
85,299
124
86,442
301
5,022
2,544
1,039
331
15,275
104,750
5,022
5,022
2,544
2,480
1,442
3,727
331
554
15,275
15,274
110,037 113,800
403
5,287
Total
203,543
589,152
162,074 954,769
982,712
Page 19

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
6. Other Disclosures
2024
2023
The net incoming resources figure for the year is after charging:
staff costs
Salaries
Social Security
Employer Pension Contributions
540,081
45,610
43,302
628,993
493,893
42,394
42,771
579,058
The average number ofpaid staff
(headcount)
Ministry
Buildings
Administration
Headcount Headcount
14
15
21
21
No staff member received earnings of £60,000 or more.
The key management personnel of the Charity comprise of the Trustees and the core team.
The total amounts paid in respect of the key management personnel of the Charity were
£383,237 {2023.' £370,212).
2024
2023
Independent Examiner's fee
Other accountancy services
5,022
2,478
7,500
5,022
2,478
7,500
Page 20

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
7. Support for People and Projects
2024
2023
The church made the following Gifts and Donations in excess of £1,000, including
specified gifts from restricted income received.
South Central Sphere Giving & Support
Pearls of Africa
Annie Crowe - Uganda
Kate Tolhurst, Kasana, Uganda
BCC gifts to South Central Sphere
Kakeke Church, Uganda
Support for India
Ladies weekend
Foodbank
Holidaysltrips for poor & needy
Christmas
Youth
The Safe, Basingstoke Ltd
Alpha
Tearfund Ukraine
Refugee Education
Tees Valley Community Church
V&LDuke
IHart
Other (individually less than £1,000)
Total
50,546
16,770
18,675
11,011
10,600
5,408
8,725
3,736
2,455
4.101
2,413
13,177
2,015
1,000
2,355
34,952
16,587
16,320
13,559
10,260
7,116
6,790
4,018
4,890
2,816
2,287
1,987
1,843
1,727
1,216
2,146
2,000
2,000
15,950
148,464
15,939
168926
Page21

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
8. Analysis of Fixed Assets
Freehold
Land &
Property
Furnishings
and
Equipment
Total
Cost
At 1 April 2023
At 31 March 2024
763,717
763,717
5,901
5,901
769,618
769,618
Accumulated
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
370,453
15,275
385,728
5,901
376,354
15,275
391,629
5,901
Net Book Value
At 31 March 2024
At 1 April 2023
377,989
393,264
377,989
393,264
In January 2015 the Trustees estimated the market value of the freehold land and building
to be £0.9 million.
9. Debtors
2024
2023
Gift Aid tax claims
Other Debtors and Prepayments
23,899
42,703
66,602
21,971
20,968
42,939
10. Creditors
Amounts falling due within one year
2024
2023
PAYE and NIC
Accruals
Other Creditors
12,106
8,511
822
21,439
11,499
8,704
45
Page 22

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
11. Designated Funds
Opening
Balance
Closing
Balance
Income
Expenditure Transfers
Corporate Funds
Missional Fund
Elderly
Prophetic Development
Supernatural School
3,856
551
498
114
5,019
3,856
551
498
114
5,019
Local Church Funds
Hub
Hope
Lifespring
Tadley
186,741
195,507
37,205
80,314
499,767
217,531
255,786
92,112
108,493
673,922
(220,138) (62,947)
{198,252) (55,691)
(64,890) (18,911)
105,872
25,882
589,152
163,431
121,187
197,350
45,516
57,053
421,106
Total Deslgnated Funds
504 786
673 922
589 152
163,431
426 125
Corporate Funds: These are monies designated for a specific purpose by the Trustees.
Local Church Funds: Tithes and Offerings are unrestricted funds but they are treated as
designated as they come into each local church separately. Transfers are made to reflect costs
paid centrally from general funds.
12. Restricted Funds
Opening
Balance
Closing
Balance
Income
Expenditure Transfers
Specified Offerings
Local Church Funds
Hub
Hope
Lifespring
Tadley
57,678 128,348
(108,146)
77,880
31,306
21,263
5,666
9,245
7,084
5,810
6,337
18,328
(17,925)
(9,897)
(6,855)
(19,251)
20,465
17,176
5,148
8,322
Total
125,158 165,907
162,074
128,991
Specified offerings include all gifts indicated by the donor to be for specific purposes.
Local Church Funds are given to the local churches for their use as indicated by the donor.
Page 23

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
13. Analysis of Net Assets Between Funds
2024
Unrestricted Funds
General
Designated
Restricted
Funds
Total
2024
Fixed Assets
Net Current Assets
377,989
1,005,228
1,383,217
377,989
1,560,344
1,938,333
426,125
426,125
128,991
128,991
2023
Unrestricted Funds
General
Designated
Restricted
Funds
Total
2023
Fixed Assets
Net Current Assets
393,264
982,613
1,375,877
393,264
1,612,557
2,005,821
504,786
504,786
125,158
125,158
14. Leases
At the reporting end date the Charity had the following minimum lease payments under
non-canGellable operating leases (all for equipment} which fall due as follows=
2024
2023
Expiring in less than one year
Expiring in two to five years
548
137
685
570
114
684
Page 24

BASINGSTOKE COMMUNITY CHURCHES
ANNUAL REPORT and FINANCIAL STATEMENTS
For the year ended 31 March 2024
NOTES TO THE FINANCIAL STATEMENTS
15.
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PRECEDING YEAR
(including Income & Expenditure Account)
2023
Total
Funds
Unrestricted Funds
General
Designated
Restricted
Funds
INCOME AND ENDOWMENTS
from..
Voluntary Income
Gifts, donations and legacies
Income Tax Refunds
1,842
510,741
108,813
619,554
202,820
715,403
108,813
824,216
1,842
202,820
Charitsble Activities
5,000
5,000
Investment Income
4,466
1,985
6,451
Total
6,308
626,539
202,820
835,667
EXPENDITURE on:
Charitable Activities
213,479
593,216
176,017
982,712
Total
213,479
593,216
176017
982,712
Net Income I (Expenditure)
207,171
33,323
26,803
147,045
Transfers between funds
177,132
(177,132)
Net Movement in Funds
30,039
143,809
26,803
147,045
Total Funds at 1 st April 2022
1,405,916
648,595
98,355
2,152,866
Totsl Funds carried forward at
31st March 2023
1,375,877
504,786
125,158
2,005,821
Page 25