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|||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2023|2023|2023|2022|2022|2022|
||Notes|||||||
|Income and endowments from:||||||||
|Voluntary income||||||||
|and legacies<br>including donations|3|41,250|-|41,250|24,844|-|24,844|
|Income from||||||||
|charitable activities|4|161,075|-|161,075|156,951|-|156,951|
|Investments|5|3,395|-|3,395|2,837|-|2,837|
|Other income|6|113|-|113|405|-|405|
|Total income||205,833|-|205,833|185,037|-|185,037|
|Expenditure on:||||||||
|Charitable activities|7|166,567|-|166,567|121,610|-|121,610|
|Net gains/(losses) on||||||||
|investments11(20,377)-(20,377)142-142||||||||
|Net movement in funds18,889-18,88963,569-63,569||||||||
|Fund balances at 1 April||||||||
|2022171,24012,500||||183,740107,67112,500|||120,171|
|Fund balances at 31||||||||
|March 2023190,12912,500||||202,629171,24012,500|||183,740|





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|||20232022|20232022|
|---|---|---|---|
||Notes|||
|Fixed assets||||
|Investments1488,28288,659||||
|Current assets||||
|Debtors15||22,119|20,909|
|Cash at bank and in hand||93,228|75,172|
|||115,347|96,081|
|Creditors: amounts falling due within||||
|one year16||(1,000)|(1,000)|
|Net current assets||114,347|95,081|
|Total assets less current liabilities||202,629|183,740|
|Capital funds||||
|Endowment funds - general1812,50012,500||||
|Income funds||||
|Unrestricted funds||||
|General unrestricted funds|181,263||164,336|
|Revaluation reserve||8,866|6,904|
|||190,129|171,240|
|||202,629|183,740|
|The financial statements were approved by the Trustees on 4||January 2024||
|Mrs E MortimerMr K Adams||||
|TrusteeTrustee||||






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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2023|2022|
||Other income|113|405|
||Charitable activities|||
|||2023|2022|
||Staff costs|50,570|32,038|
||Administration|2,087|2,427|
||Insurance|10,771|10,111|
||Premises costs|64,564|50,665|
||Manse expenses|10,969|4,090|
||Pastoral care|4,510|4,941|
||Resources|1,053|317|
||Telephone|1,288|1,826|
||Legal and professional costs|395|256|
||Sundry expenses|8,187|12,277|
||Bank charges|32|32|
||Governance costs|1,080|1,080|
|||155,506|120,060|
||Grant funding of activities (see note 8)|11,061|1,550|
|||166,567|121,610|
||Governance costs comprise independent examiner's fees of 1,080 (2022 - 1,080).|||
|8|Grants payable|||
|||2023|2022|
||BMS World Mission|1,200|600|
||CBA (Baptist Union Home Mission)|1,200|600|
||BMS (Baptist Missionary Society) - Ukraine|1,000|-|
||Saltmine Trust|1,935|-|
||Watford Town Centre Chaplaincy|1,500|-|
||Other|4,226|350|
|||11,061|1,550|






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|Number of employees|||
|---|---|---|
|The average monthly number of employees during the year was:|||
||2023|2022|
||Number|Number|
|Pastoral Care (Minister)|1|1|
|Management of House and Community|2|2|
||3|3|
|Employment costs|2023|2022|
|Wages and salaries|47,949|26,619|
|Other pension costs|2,621|5,419|
||50,570|32,038|
|During the year, an amount was paid in relation to Pastoral Care (Minister) by way of a Stipend of 20,852|||
|(2022: 1,104).|||








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## 

|Listed|
|---|
|investments|
|Cost or valuation|
|At 1 April 20**2**<br>88,659|
|Additions20,000|
|Valuation changes(20,377)|
|At 31 March 202388,282|
|Carrying amount|
|At 31 March 202388,282|
|At 31 March 20**2**<br>88,659|



## 

|15|Debtors|||
|---|---|---|---|
|||2023|2022|
||Amounts falling due within one year:|||
||Trade debtors|17,875|17,825|
||Other debtors|4,244|3,084|
|||22,119|20,909|
|16|Creditors: amounts falling due within one year|||
|||2023|2022|
||Accruals and deferred income|1,000|1,000|







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## 

|||MovementMovement||
|---|---|---|---|
|||in fundsin funds||
||Balance at|IncomingBalance at   Incoming|Balance at|
||1 April 2021|Resources1 April 2022  Resources 31 March 2023||
|Permanent endowments||||
|Sutton Road Fund|12,500|12,500|12,500|
||12,500|12,500|12,500|



|Analysis of net assets between funds||||
|---|---|---|---|
||Unrestricted|Endownment|Total|
||Funds|Fund||
|Fund balances at 31 March 2023 are represented by:||||
|Investments|88,282||88,282|
|Current assets/(liabilities)|101,847|12,500|114,347|
||190,129|12,500|202,629|
||Unrestricted|Endownment|Total|
||Funds|Fund||
|Fund balances at 31 March 2022 are represented by:||||
|Investments|88,517||88,517|
|Current assets/(liabilities)|19,154|12,500|31,654|
||107,671|12,500|120,171|