HEBA
The Heartol Engldnd BapilSIAsso￿tion
ANNUAL REPORT AND
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
The Heart of England Baptist Association
Registered Charity Number: 1080529 Registered Company Number: 00238738
Registered Offi￿. 480 Chester Road, Sutton Coldfield, B73 5BP

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
CONTENTS
Page
Trustees, Report
Independent Auditor's Report
11-14
Statement of Financial Activities
15
Balance Sheet
16-17
Statement of Cash Flow
18
Notes to the Financial Statements
19-45
Appendlx l - Grants Paid
46
Appendix 2- Properties Held as Custodian or Holding Trustee
47-51

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees. who are directors for the purposes of company law, are pleased to present the Annual Report and
Financial Statements of the Charitable Company for the year ended 31 December 2024, which are prepared to
meet the requirements for a director's report and accounts for Companies Act purposes. Referen￿S to 'HEBA'
throughout this report refer to the Heart of England Baptist Association.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association
and '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 (FRS102- effective 1 January 2019)-'
Objectives and Activities
The Objects of this Charitable Company are the advancement of the Christian faith, particularly in the Heart of
England and especially by the means of and in accordance with the principles of the Baptist denomination as set
out for the time being in the Declaration of Principle of The Baptist Union of Great Britain (BUGB).
The values espoused by the Trustees of the Charitable Company are Companionship, Generosity, Diversity,
Leaming and Innovation. These values are continually presented to Churches for their encouragement and so
that they understand the principles guiding the work of the Charitable Company. The values are presented at
events to which Churches are invited, through the regular mailings to Churches, through the work of the HEBA
office team and Regional Ministers and on the Trustees, social media outlets and channels. Companionship is
the foundational value and is reflected by the Regional Ministers and administration staff through in-person
VlSltation, on-line meetings. email conversations and phone calls. These include one to ones. preaching, leaders,
gatherings, Church meetings, weekends, and meetings for a set purpos8.
The principal activities of the Charitable Company are the employment of a Regional Ministry and administrative
staff team and the organisation of a number of volunteers, working in groups or individually, to offer support and
guidance, training and financial resources to advance the Christian faith in a waywhich benefits Baptist Churches
and the communities they serve.
The Charitable Company is part of the family of Baptist organisations serving the needs of many of the Baptist
Churches in Great Britain. working particularly closely with the Baptist Union of Great Britain {BUGB}. The Charity
has a linked Charity, the Heart of England Baptist Association Loan Fund11080529-1) and the Trustees are also
Trustees of the Umberslade Church Endowment {255061) and Directors of the CST Corporate Trustee Limited
(11454313). They are joint Trustee with individuals of Selly Park Baptist Church Manse Charity (516796).
The Charitable Company aims to:
co-operate with Churches directly and through working groups by providing information and support and
by passing appropriate resolutions lo enable building development projects, including Sustsinable Energy
Funding. Many of these projects are directly aimed at making Church buildings more accessible and
available to the local community.,
assist Churches and ministers that are seeking new ministries through the Baptist National Settlement
process.
assist individuals who are exploring a call to any Baptist ministry by signposting various routes to
recognised Baptist ministry, interviewing candidates, supporting ministerial candidates and providing
BUGB approved training for preachers and pastors.,
make Safeguarding training available on a rolling programme. encouraging and enabling ministers and
members of Churches to receive training;
provide Safeguarding support to Churches when incidentslsuspected incidents arise.
mediate disagreements arising within Churches or between Churches and their local community.,
encourage the HEBA Grants Committee as it continues to seek creative ways of supporting Churches in
their mission using Baptist Home Mission and Association funds
Page 1

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
ensure, through its finance group, responsible and effective stewardship of the resources of the
Charitable Company"
encourage Churches to support Baptist Home Mission and BMS World Mission through prayer, direct
partnership with mission personnel and financial gifts, so that the Gospel of Jesus Christ can continue
to be shared in the UK and abroad.,
co-operate with other Baptist organisations and other denominations where this supports the objects of
the Association.
receive and consider reports from working groups and the Regional Ministers, enabling the Charitable
Company to maintain effective govemance, including receiving reports on the staff appraisals. budget
proposals, safeguarding issues and other work with Churches as appropriate;
support the staff employed by the Charitable Company through the provision of appropriate training
and support. and provision of clear and effective staffing and other policies.,
seek appropriate and timely professional, including legal advice on issues having a potentially wide-
ranging effect with a view to understanding and, where possible. mitigating their risk; and
continue to explore ways in which the Trustee board can become even more effective in governing the
Charitable Company and in their strategic planning.
A Trustee, Revd Glenford Gordon, died in position and two Churches closed during the year- Cornerstone Baptist
Church in Oswestry and Glebe Farm Baptist Church in Birmingham.
The Trustees were delighted to welcome Mr Chris Knight as TreaSurer￿rUStee along with Revs John Bernard
and Denise Dobie who were also appointed as Trustees. Mrs Joanne Green was appointed Trustee for
Safeguarding and Revd Terry Lockyer as Deputy Moderator. The Well fellowship in Herefordshire joined the
Association as an Associate Member.
The Trustees reviewed and updated their Investment and Iheir Conflicts of Interest and Loyalty PoliGies and
adopted a new Health & Safety Policy. They further drew up the following new policies and procedures.. Lone
Working, Investments, Remuneration and Debit Card Use Policies. They have a new draft Data Protection Policy
which still requires work to complete.
During the year, the Trustees considered the outcome of their strategic review of the Association, keeping
Churches updated on decisions being taken to help the Charity work more effectively and within budget. They
held several meetings to consider the future structure of the Association and it was decided not to replace Revd
Neil Le Tissier who retires in June 2025. The Truslees agreed to develop and pilot a local Pastoral Ministers
Scheme during 2025 to serve our ministers and Churches in accordance with the values of the Association.
They also completed a review of their Articles of Association with the help of their solicitors and proposed a new
draft which has been accepted by the Charity Commission and will be put to the Annual General Meeting of the
Churches during 2025.
Public Benefit
The Trustees, having regard to the Charity Commission's guidance document, 'public benefit.. running a Charity
(PB2)', continued to provide public benefit by seeking to advance the Christian faith and practice in accordance
with the Objects of the Charitable Company.
Page 2

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees sought to achieve this in several ways including-
encouraging Churches to adopt robust safeguarding policies and practice through the provision of training
for Church members, ministers and pastors"
keeping appropriate safeguarding records. including documents kept in long-term secure systems.
acting to provide help and support to Churches seeking to improve their own governance. projects or
buildings,.
holding staff accountable for their support for Churches seeking to advance the Christian faith in their
communities.,
funding - in partnership with other organisations - the continued provision of a Baptist minister for deaf and
deafened people in Stafford.
encouraging Churches - through the annual Ministers, Conference, theological reflection days. interaction
with Regional Ministers and olherstaff - to engage effectively and serve God and their local communities.,
and
appointing an outside company to support them in maintain Health & Safety in the Association Office.
Achievements and Performance
The Trustees have sought to support their stsff as they use the Association Office and in their working practice.
Members of the staff team work from the office each Wednesday and other times as appropriate, and use of the
office for meetings of groups of volunleers as well as appropriate outside groups has been encouraged and is
increasing. The entire staff team was encouraged to take their full annual leave allocation and released for training
and occasional spiritual development, which includes a day retreat with the staff team of the East Midlands Baptist
Association.
The Trustees support three Regional Ministers (RMS) in theirwork through the provision of assistance in housing,
in training and in permitting them to take sabbatical leave: Revd David Ellis took sabbatical leave during 2024.
They also encourage them through prayer and receive appropriate reports as they engage with Church
leadership teams, congregations and minister5. including helping with the movement of ministers and pastors
and offering mediation and comfort to members and ministers. Each of the Regional Ministers are members of
National Baptist Groups and they, along with other staff and volunteers, attended gatherings in person and online
during the year.
The Association received the Project Violet Report on the experience of women in Baptist ministry from the
Baptist Union {BUGB) sent a written response to BUGB with intended actions arising from the report and began
to work through these actions, including the co-option of Revd Denise Dobie to the Board of Trustees to assist
the Trustees with this project.
The Trustees also continued lo support online and in person training, meetings and conferences for Church
members during the year, including a Ministers, Conference, a training day for Church Secr@taries, a day for
ministers on Church Meetings. a women's conference. two gatherings over lunch for retired ministers, and
members of staff and Churches were encourage to attend and support the Baptist Assembly which was held in
Telford in May 2024. Three symposiums were held in 2024. These are theological reflection days with newly
accredited ministers expected to attend but also open to all those serving as ministers in HEBA Churches.
The Association website manager, Mr Cris Mezei sadly died during the year and a process of review of the
website was instigated. The Trustees continued to use their social media channels to encourage Churches and
promole the work being done for the Gospel throughout the region.
Page 3

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Charitable Company, through its Regional Ministers, continued to support ecumenical work across the whole
area of the Association, for example, all RMS serve on ecumenical bodies in the region during the year and
financial assislance is granted to some ecumeniGal bodies through the grants group. The Trustees ecumenical
and Baptist partners continue to collaborate in supporting the ministry of Revd Susan Myatt, Baptist Minister
Amongst the Deaf. financially and through prayer.
In 2024 the Ministerial Recognition Group inte￿IeWed two people for full ministerial accreditation and held two
second interviews for people completing the nationally recognised pastors INRPI pathway- both will be presented
to the Baptist Assembly in May 2025. The Group interviewed three people on the recognised local minister (RLM)
pathway and a celebration was held for three ministers completing their 'newly accredited minister, period and
being commended to the Baptist Union to become fully accredited ministers. One newly aCc￿dIted minister did
not complete their training.
The Charitable Company continued to model an organisational culture which prioritises safeguarding through
their encouragement and support of Churches to provide a safe and trusted environment for all those they come
into contact with. particularly children, young people and Adults at Risk. During 2024, the Charitable Company
provided safeguarding training for 645 individuals from 58 Churcheslorganisations at 29 Level 2 training events
and 16 Level 3 training events. Mrs Joanne Green served as Trustee for Safeguarding and Mr Keith Baldwin
continued to serve as Safeguarding Officer and also delivered training. The Trustees are grateful to all the
volunteer trainers who provide excellent training lo the Churches of the Association.
The Charitable Company. through its grants group, provided grants to 15 ChurGhes and projects, 3 grants to
individuals and 7 grants to organisations (see appendix 1 }. Having considered the budgetary constraints of the
Association and the need to Contract the grant funds available to ChurGhes, the new system of grant application
and allocation was instigated during this year.
The work of the grants group is directly overseen by the finance group, which ensured that all funds were being
held and spent appropriately. They reviewed budgets at each meeting and oversaw the work of the Budget review
group during the year. This work encouraged the Trustees to start a full review of the priorities and structure of
the Charitable Company, including a consultation with ministers and Churches. The group was pleased to
welcome a new Treasurer, Mr Chris Knight at the end of year, who was affirmed as a Trustee in 2024 and chairs
the finance group.
The Charitable Company's bookkaeping service to member Churches continued, and at the end of the year was
undertaking bookkeeping fortwo Churches. The payroll service offered to Churches and projects also continued.
and at the end of the year, payroll services were being undertaken for 61 Churcheslprojects (86 individuals).
The Charitable Company. through its Trust Working Group ITVVG), gave consideration and practical assistance
to over 33 Churches involved in building purchase, disposal and development,. changing their legal structure and
amending their structure. It continued to offer support to Churches with dilapidated burial grounds and other
property challenges. The Trustees agreed the sale of one of the houses owned by the Association and managed
by the Retired Baptist Ministers, Housing Organisation (RBMHO) to the RBMHO.
Page 4

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmlted by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
During the year. the following of the previous year's targets were startedlcompleted..
undertaking a review to establish the resonance of the strategic priorities. values etc with the member
Churches- completed.,
complete review of Terms of Reference of Working Groups - underway.
focus on our core value of Companionship- an ongoing aim.,
continue working towards reducing the large budget deficit- an ongoing aim,.
board recruitment- an ongoing aim,. and
further develop the Justice Hub. revisiting each area- an ongoing aim.
Risk Review
The Charitable Company Continued to review its risk management matrix at least three times a year. The full
migration of IT services to the cloud enabled staff to work effectively from home and also reduced the risk posed
by having all back up recording on hardware.
Significant risks identified during the year were:
loss of donorsldonor goodwill;
staff working alone in office or other venues.,
reduced income,.
costs vastly exceeding income;
not being able to appoint to essential roles-
key staff suddenly unavailable- and
safeguarding incident leading to reputational damage.
Financial Review
During 2024 the overall funds of the Association increased by £34.357 to £2.775,674 (2023: £2,741,317).
General fund income was £395.737. Expenditure totalled £590,447 resulting in a loss of £194,710. Net gains on
investment assets totalled £196.116 reflecling improved performance in the financial markets during the year.
The General Fund at the year end was £607,545 which also reflects a gain on the sale of the freehold property
at Clee View Road, Bridgnorth of £31,000.
The N8t Movement on Designated Funds was £42.454 surplus of income over expenditure. This was primarily
due to the introduction of a new system of grant application and allocation that was introduced during this year.
At the year end the total balance of designated funds was £775,988.
Other income and expenditure in the Restricted Funds primarily relate to income and expenditure for the Retired
Ministers and Missionaries Housing Fund. There have been no loans from the Heart of England Loan Fund. The
net movement across the restricted funds was a slight reduclion of £6,990. At the year end the balances across
the restricted funds was £1,392,141.
The Association is part of a very complex multi-employer defined benefit pension scheme comprising
approximately 1.200 employers. See note 25 in the Financial Statements.
Page 5

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment powers, policy and performance
The Trustees have appointed Redmayne Bentley as Investment Managers for the Association's investment
portfolio. The managers have discretionary powers to invest in line with the Investment Policy which is classed
as medium risk and aims for moderate growth in income whilst at least maintaining capital values over the
medium to long term.
Reflecting the ethos ofthe Association, an ethical investment policy is in place to guide the investment manager.
This focuses on positive aspects such as good governance and good working practices as well as excluding
sectors which do not fit with the Association's ethos.
During the year, the portfolio return (total return basis) was 10.04Vo, against the portfolio benchmark retum of
6.71 /0.
The Association continued to maintain substantial balances on notice and term deposits. Most of these funds
represent balances held on behalf of Churches where minimal capital risk is important.
Reserves policy
The Trustees consider a reserve of one year's Costs is required to ensure a managed exit from all existing
agreements and contracts. One year's costs is the total general fund expenditure excluding one off events and
including one year of grant funding from the Association's own resources (£0.094m), where grants are expected
to be needed beyond the current year. This latter is to reflect commitments. often staff related, which have been
entered into by grant receiving Churches. On this basis reserves of£O.650m are required. Excluding fixed assets
and restricted funds the AssoGiation's free reserves improved from £0.025m in 2023 to £0.109 in 2024. This was
as a result of a combination of the sale of a property in Ihe year, an improved investment performance and the
implementation of a revisedlstricter grants funding policy in line with budget leve15. This positive movement is an
encouragement and although still below our required level of reserves, it is in line with the Trustees. intentional
strategy to utilise the reserves on a managed basis whilst ensuring capacity to generate sufficient funds in the
future. During the year, other extenuating events outside of the Association's control, including a reduction in
income and continued cost of living pressures, impacted on the AssoGialion's finances. The Trustees continue to
seek to redress reserves to acceptable levels through the sales of properties. undertaking a review of the future
costs and structure of the Association, cash levels and improved investment performance.
Plans for future periods
During 2025, the Charitable Company will seek to continue to fulfil its objects in creative ways that will assist in
the advancement of the Christian faith and the enrichment of Church and community lrfe in the Heart of England.
This will include-
adoption of new Articles.
piloting of new structure for the Association.
complete review of the Staff Handbook.
continue to work on Project Violet- and
continue lo encourage the work of the Justice Groups.
Page 6

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
structure, Governance, Management
The Charitable Company is govemed by its Articles of Association and Rules of 20 April 2022.
The Objects of this Charitsble Company are the advancement of the Christian faith, particularly in the Heart of
England and especially by the means of and in accordance with the principles of Ihe Baptist denomination as set
out for the time being in the Declaration of Principle of The Baptist Union of Great Britain.
TTUStees' Interests
No Trustee had any beneficial interest in the Charitable Company or in any contract or arrangement of a material
nature with the Charitable Company during the year under review. Declarations of Loyalty and Interest are
required at the stsrt of every meeting of Trustees and Working Groups and the Association Administrator also
asks Trustees to update their written Declarations of Loyalty and Interest on an annual basis.
Recruitment. appointment, Inductlon and training of Trustees
The Charitable Company is run by its Board ofTrustees who are also directors. They held seven meetings during
2024.
The Trustees use their skills audit in the process of recruiting new members of the Board out of member
Churches. Churches and individuals can nominate prospective Trustees, who are sent copies of the Charitable
Company's Articles of Association and its Conflict of Loyalty and Interests policy and are asked to complete and
sign the Declaration of Qualification to serve as a Trustee. They usually have a meeting with the Moderator of
the Board of Trustees and are advised that appropriate checks will be undertaken to confirm that they are eligible
to serve in this capacity. If, after this, they still wish to serve, the Churches of the Association are invited to affirm
the nominees by email or letter to the Administratorlcompany Secretary. On appointment, they are invited to a
formal induction meeting wilh the Administratorlcompany Secretary who signposts essential documents
available from the Charity Commission, Companies House and BUGB websites, as well as providing an overview
of the activities of the Charitable Company.
The Association Administrator who is also the Company Secretary 8SSiSted all Trustees by signposting
documents and conferences to help them in their work. This includes circulating infomiation from the Charity
Commission, Companies House, some third sector organisations and the Churches, Legislation Advisory
Service. and advising them of seminars and training that they could attend.
Trustees as at 31 December 2024
The Moderator and Treasurer are elected annually by the members of the Association.
Mrs Judith Miller
Moderalor of the Board of TrusteeslDirectors
Mr Christopher Knight
Treasurer
{Appointed 6 December 2024)
Affirmed by the members of the Charitable Company
The Revd Adrian Argile
Regional Minister- Team Leader
The Revd John Bemard
Affirmed by the members of the Charitable Company
(Appointed 30 September 2024)
Page 7

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Revd Denise Dobie
Co-opted by the Truslees
(Appointed 26 November 2024)
Mrs Joanne Green
Affirmed by the members of the Charitable Company
The Revd Terry Lockyer
Affirmed by the members of the Gharitable Company
The Revd Dr Antony Maude
Affirmed by the members of the Charitable Company
The Revd Amy Wearing
Affirmed by the members of the Charitable Company
Trustees that served during 2024
The Revd Glenford Gordon
Died 13 January 2024
Mercy Mbajah
Resigned 31 May 2024
The Revd Dr Edward Pillar
Retired 26 September 2024
The Revd Duncan Maclean
Resigned 12 March 2024
AssoGiation Information
Registered Charity Number
1080529
Registered Company Number
00238738
Registered Office
480 Chester Road. Sutton Coldfield. B73 5BP
Other Office Holders..
Company SecretarylAdministrator
Miss Karen Martindale
Regional Ministers serving the
Association during 2024
The Revd Adrian Argile
The Revd David Ellis
The Revd Neil Le Tissier
Legal Advisors
Shakespeare Martineau, Waterfront House, Waterfront Plaza,
Nottingham, NG2 3DQ
Auditor
MHA. The Pinnacle, 150 Midsummer Boulevard, Milton
Keynes, MK9 1 LZ
Banker
HSBC Bank plc, 6 High Street. Abingdon, Oxfordshire. OX14
5AZ
Stockbrokersllnvestment Advisors
Redmayne-Bentley LLP. 9 Bond Court, Leeds, LS12JZ
Page 8

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Related Parties
The Charitable Company is a member of the Baptist Union of Great Britain. paying a subscription to this Charity.
Funds from the Home Mission Fund, which is the principle working fund of the BUGB, are recaived by the
Charitable Company and dispersed by its grants group.
The Registered Office of the Charitable Company is in property owned by the Charitable Company.
The Charity has a linked Charity, the Heart of England Baptist Association Loan Fund {1080529-1) and the
Trustees are also Trustees of the Umberslade Church Endowment (255061) and Directors of the CST Corporate
Trustee Limited {11454313). The Trustees are joint Trustee with individuals of Selly Park Baptist Church
Manse (516796).
Key Management personnel remuneration
The Charitable Company consider their key management personnel to be:
The Charitable Company's Board of Trustees
The payand remuneration ofthe employees ofthe Charitable Company is set bythe Charitable Companythrough
the Board and ils finance group and is based upon the Bapt15t Home Mission recommended stipend.
Persons of Significant Control (PSC) Register
The Charitable Company has established a Register and there is currently no PSC recorded thereon.
Trustees responslbilities in relation to the financlal statements
The Trustees (who are also directors of The Heart of England Baptist Association for the purposes of company
law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company law requires the Trustees to prepare financial statements for each financial year. which 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 Charitsble Company for that period. In preparing these
financial statements. the Trustees are required to".
seleGt suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed. subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume Ihat the
Charitable Company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disc105e with reasonable accuracy
at 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 assets of the
Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Page 9

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
In so far as the Trustees are aware..
there is no relevant audit information of which the Charitable company's auditor is unaware., and
Ihe Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
audit information and to establish that the auditor is aware of that information.
The Auditor, MHA, previously traded through the legal entity Maclntyre Hudson LLP. In response to regulatory
changes, Maclntyre Hudson LLP ceased to hold an audit registration with the engagement transitioning to MHA
Audit Services LLP.
MHA will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the Board on 22 May 2025.
Signed
Mrs Judith Miller
Moderator of the Association
Page 10

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmlted by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HEART OF ENGLAND BAPTIST
ASSOCIATION
Opinion
We have audited the financial statements of The Heart of England Baptist Association (the 'Charitable
cornpan￿) for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the
Balance Sheet, the Statement of Cash Flows and the related notes, including significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice)-
In our opinion the financial statements..
give a true and fair view of the state of the Charitable Company'5 affairs as at 31 December 2024 and of
its incoming resources and application of resources, including its income and expenditure for the year
then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnion
We conducted our audit in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditols responsibilities for the audit
of the financial statements section of our report. We are independent of the Charitable Company in accordance
with the ethical requirements that are relevant to our audit of the financial ststements in the United Kingdom,
including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
¢ondition5 that, individually or collectively. may cast significant doubt on the Charitable Companls ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Page11

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HEART OF ENGLAND BAPTIST
ASSOCIATION (CONTINUED)
Other information
The other information comprises the information included in the Annual Report other than the financial
statements and our Auditovs Report thereon. The Trustees are responsible for the other information contained
within the Annual Report. Our opinion on Ihe financial statements does not cover the other information and,
except to the extent Othe￿ise explicitly stated in our report, we do not express any form of assurance conclusion
thereon. Our responsibility is to read the other information and, in doing so. consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in the course of the
audit, or othe￿ise appears to be materially misstated. If we idenlify such material inconsistencies or apparent
material misstatements. we are required to detemiine whether this gives rise to a material misstatement in the
financial statements themselves. If, based on the work we have performed. we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of the audit..
the information given in the Trustees, Report for the financial year for which the financial statements are
prepared is consistent with the financial statements- and
the Trustees, Report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the Charitable Company and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires
us to report to you if. in our opinion:
the information given in the Trustees, Report is inconsistent in any material respect with the financial
ststemenls" or
sufficient accounting records have not been kept. or
the financial statements are not in agreement with the accounting records and returns: or
we have not received all the infomiation and explanations we require for our audit- or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and
from the requirement to prepare a Strategic Report.
Page 12

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HEART OF ENGLAND BAPTIST
ASSOCIATION {CONTINUED)
Responsibilities of Trustees
As explained more fully in the Trustee's Responsibilities Statement, page 9, the Trustees (who are also the
directors of the Charilable Company for the purposes of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial ststements, the Trustees are responsible for assessing the Charitable Companys
ability to continue as a going concern, disclosing, as applicable, matters related to going concem and using the
going concern basis of accounting unless the Trustees either intend to liquidate the Charitable Company or to
ceas8 operations. or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether Ihe financial slatements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an Auditor's Report that includes our
opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or emr and are Gonsidered material if, individually or in the aggregate. they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities.
including fraud. The extent to which our proGedure5 are capable of detecting irregularities, including fraud is
detailed below:
obtaining an understanding of the legal and regulatory frameworks that the Charity operates in, focusing on
those laws and regulations that have a direct effect on the financial statements.
enquiring of management and Trustees around known or suspected instances of non-compliance of laws
and regulations and fraud.
discussing amongst the engagement team regarding how and where fraud might occur in the Charity
financial statements and any potential indications of fraud.
reviewing minutes of meetings of those Gharged with governance: and
performing audit work in relation to the risk of management override, including testing of joumal entries and
other adjustments for appropriateness and reviewing accounting estimates or bias.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.or
.uklauditorsre5
onsibilities. Thi5 description forms part of our
Auditorfs Report.
Page 13

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE HEART OF ENGLAND BAPTIST
ASSOCIATION (CONTINUED)
Use of our report
This report is made solely to the Charitable Companls members, as a body. in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
Charilable Company's members those matters we are required to state to them in an Auditorfs Report and for no
other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other
than the Charitable Company and its members, as a body, for our audit work. for this report. or for the opinions
we have formed.
Elizabeth Newell BA {Hons) FCA (Senior Statutory Auditor)
for and on behalf of
MHA
Statutory Auditors
Milton Keynes. United Kingdom
Date:
MHA is the trading name of MHA Audit Services LLP. a limited liability partnership in England and Wales
(registered number OC455542).
Page 14

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limlted by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
Other income
270.857
52,666
191,684
15,060
270,857
52,666
198,132
15,060
314,386
57,774
174.308
12.863
6.448
Total income
530,267
6,448
536,715
559,331
Expenditure on:
Raising funds
Charitable activities
141,021
541,502
141,021
557.453
126.619
507,022
10
15.951
Total expenditure
682,523
15,951
698,474
633,641
Net gains on investments
16
196.116
196,116
109.310
Net incomel(expenditure)
Transfers between funds
43,860
(2,513)
{9,503)
2,513
34.357
35,000
20
Net movement In funds
41.347
(6,990)
34,357
35,000
Reconciliation of funds:
Total funds brought forward
Net movement in funds
1,342,186
41,347
1,399,131
(6,990)
2,741.317
34,357
2,706,317
35,000
Total funds carried fonvard
1,383,533
1,392,141
2,775,674
2,741,317
The Statement of Financial Activities includes all gains and105ses recognised in the year.
The notes on pages 19 to 45 form part of these financial statements.
Page 15

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
REGISTERED NUMBER: 00238738
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
Investments
15
16
1,163,210
3,234.867
1,316,374
2,931,484
4,398,077
4,247,858
CUr￿nt assets
Debtors
17
18
23
197,068
1.258,380
366,489
150,856
910,343
801,502
Investments
Cash at bank and in hand
1,821,937
1,862,701
Creditors: amounts falling due within one
year
19
(3,444,340)
(3.369,242)
Net current liabilities
(1,622,403)
{1,506.541)
Total assets less current liabilities
2,775,674
2,741.317
Total net assets
2.775,674
2.741.317
Charity funds
Restricted funds
Unrestricted funds
20
1,392.141
1,383,533
1,399,131
1.342.186
20
Total funds
2,775,674
2,741,317
Page 16

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
REGISTERED NUMBER: 00238738
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
The Trustees acknowledge their responsibililies for complying with the requirements of the Companies Act 2006
with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.
udith Miller
Trustee and Moderator of the Association
Date.. 22
The notes on pages 19 to 45 form part of these financial statements.
Page 17

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flows from operatlng activities
Net cash used in operating activities (note 22)
{351,529)
772.447
Cash flows from investing activities
Dividends, interests and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
198,132
180,000
(1,594)
229,802
(234,380)
174.308
300.000
(6,335)
111,082
Net cash provided by investing activities
371,960
579,055
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
20,431
1,351,502
1,952,296
600,794
Cash and cash equivalents at the end of the year (note 23)
1,972,727
1,952.296
The notes on pages 19 to 45 form part of these financial statements
Page 18

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
General infonnatlon
The Heart of England Baptist Association is a private Company (limited by guarantee) incorporated in
England and Wales, registration number 00238738, and is also a registered Charity in England and
Wales, registration number 1080529. The registered office is 480 Chester Road. Sutton Coldfield,
Bimiingham, B73 5BP.
The principal activities of the Charitable Company are the employment of a Regional Ministry and
administrative staff team and the involvement of a number of volunteers, working in groups or individually,
to offer support and guidance, training and financial resources to advance the Christian faith in a way
which benefits Baptist churches and the communities Ihey serve.
Accounting pollcles
2.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
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}, the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) and the Companies Aci 2006.
The Heart of England Baptist Association meets the definition of a public benefil entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy.
The financial statements are prepared in British Pound Sterling (£), which is the functional and
presentational Gurrency of the Charity. Monetary amounts in these financial statements are rounded
to the nearest £.
The Charity has taken exemption from the requirement to prepare consolidated financial statements
on the grounds that the subsidiary is immaterial to the Group.
2.2 Company status
The Company is limited by guarantee. The members of the Company are the Trustees named on
pages 7 and 8. In the event of the Company being wound up, the liability in respect of the guarantee
is limited to £1 per member of the Company.
2.3 Golng concern
The financial statements have been prepared on a going concern basis. The Trustees have
considered budgets. cash flows and the impact of subsequent event. The Trustees are satisfied that
the Charity has sufficient available resources, both in terms of cash and investments that can be
converted to cash, such that there is no material uncertainty and the going concern basis of preparing
the financial statements continues to be appropriate.
Page 19

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting poll¢les {continued)
2.4 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable Can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of
receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to
them (through knowledge of the existence of a valid will and the death of the benefactor) and the
executor is satisfied that the property in question will not be required to satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed to the
Charity, can be reliably measured.
Donated services or facilities are recognised when the Charity has control over the item, any
conditions associated with the donated item have been met, the receipt of economic benefit from the
use of the Charity of the item is probable and that economic benefit can be measured reliably. In
accordance with the Charities SORP (FRS 102).
On receipt, donated professional services and facilities a￿ recognised on the basis of the value of
the gift to the Charity which is the amount it would have been willing to pay to obtain services or
facilities of equivalent economic benefit on the open market: a corresponding amount is then
recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
2.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party. it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocaled on the basis of time spent, and depreciation
Charges allocated on the portion of the asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the
Company.
Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in
trading activities that raise funds.
Grants payable ara charged in the year when the offer is made except in those cases where the offer
is Conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure 15 inclusive of irrecoverable VAT.
Page 20

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (continued}
2.5 Expenditure (continued)
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activtties which further the
Chariws objectives, as well as any associated support costs.
2.6 Interest ￿ee[Vable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by the bank.
2.7 Taxation
The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and Iherefore it meets the definition of a Charitable Company for UK corporation tax purposes.
Accordingly. the Charity is potentially exempt from taxation in respect of income or capital gains
received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
2.8 Tangible fixed assets and depreciation
Tangible fixed assets are initially recognised at cost. After recognition. under the cost model. tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred to bring a tangible fixed asset into its intended working Gondition should be
included in the measurement of cost.
At each reporting date the Charily assesses whether there is any indication of impairment. If such
indicalion exists, the recoverable amount of the asset is determined to be the higher of its fair value
less costs to sell and its value in use. An impaimient loss is recognised where the carying amount
exceeds the recoverable amount.
No value is attributed to burial grounds owned by the Company as the original cost is not known and
due to the nature of the asset it is not considered possible to determine a fair value.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provided on the following basis..
Freehold property
Fixtures and fitting5
Computer equipment
2.￿ Straight-line"
10 /0 Straight-line
33 % Straight-line
The depreciation charge for freehold property is £nil due to the residual value of the properties
being assessed at a value at least equal to cost.
No depreciation is charged on the freehold land.
Page 21

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (contlnued)
2.9 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the balance sheet date, unless the value
cannot be measured reliably in which case il is measured at cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'gainsl{losses) on
investments, in the Statement of Financial Activities.
2.10 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Loan5 to churches are conce55ionary loans rnade in furtherance of the Chariws purposes. Loans are
recognised at cost as adjusted for any repayments made less impairment.
2.11 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.12 Liabilities and Provlslons
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past
event, it is probable Ihat a transfer of economic benefit will be required in settlement. and the amount
of the settlement can be estimated reliably.
Liabilities are recognised al the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or seNices it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, Ihe provision is based on the present value of those
amounts, discounted at the pre-tax disGount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Ststement of Financial Activities as a finance cost.
2.13 Financial Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
2.14 Operating leases
Rentals paid under operating leases are charged to the Statement of Financial Activities on
straight-line basis over the lease term.
Page 22

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies (contlnued}
2.15 Pensions
The Charity participates in a defined contribution plan for its employees. A defined contribution plan is
a pension plan under which the Charity pays fixed contributions into a separate entity. Once the
contributions have been paid the Charity has no further payment obligations. The contributions are
recognised as an expenditure when they are due. Amounts not paid are shown in accruals in the
Balan￿ Sheet. The assets of the plan are held separately from the Charity in an independently
administered fund.
Prior to 2012, th8 pension provision was made through two multi-employer defin8d benefit pension
plans. Where it is not possible for the Charity to obtain sufficient information to enable it to account
for a plan as a defined benefit plan, it accounts for the plan as a defined contribution plan. Where the
plan is in deficit and where the Charity has agreed, with the plan, to participate in a deficit funding
arrangement, the Charity recognised a liability for this obligation. The amount recognised is the net
present value of the contributions payable under the agreement that relate to the deficit. This amount
is expensed in the Statement of Financial Activities.
2.16 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance wilh specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such fund5 are charged against Ihe specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Critical accounting estimates and areas of judgement
Estimates and judgements are continually 8V8luated and are based on historical exp8rience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Judgements in applying the entitys accounting policies:
Multi-employer defined benefit pension schemes - certain employees participate in mulli-employer defined
benefit pension schemes with olher organisations. In Ihe judgement of the Trustees. the Charity does not
have sufficient information on the plan assets and liabilities to be able to reliably aGGount for its share of
the defined benefit obligation and plan assets. Therefore the schemes are accounted for as defined
contribution schemes.
Page 23

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Critical accounting estimates and areas of judgement {continu8d)
Critical accounting estimates and assumptions:
Multi-employer defined benefit pension scheme - the Charity has an obligation to pay a deficit funding
arrangement in respect of two-multi employer defined benefit pension schemes (Baptist Pension Scheme
and Baptist Union Staff Pension Scheme). The present value of the obligation depends on a number of
factors including the RPI rate and the discount rate on corporate bonds. Management estimates these
factors in determining the new pension obligation in the Balance Sheet.
Useful economic lives and residual values of tangible assets the annual depreciation charge of tsngible
assets is sensitive to changes in the estimated useful economic lives and the residual values of the
assets. The useful economic lives and residual values are re-assessed annually. They are amended when
necessary to reflect current estimates. based on economic utilisation, physical condition and future
investments of assets.
Income from donations and legacies
Unrestricted
funds
2024
Total
funds
2024
Donations
Home Mission Fund Grant
Home Mission Grant for mission
1.796
134.531
134.530
1.796
134,531
134,530
270.857
270,857
Unrestricted
funds
2023
Total
funds
2023
Donations
Home Mission Fund Grant
Home Mission Grant for mission
62,202
118,526
133,658
62,202
118,526
133,658
314,386
314,386
Page 24

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from charitable activities
Unrestricted
funds
2024
Total
funds
2024
Ministerfs Conference
Other activities
12,600
40.066
12,600
40.066
Total 2024
52,666
52,666
Unrestricted
funds
2023
Total
funds
2023
Minister's Conference
Other activities
13,934
43,840
13,934
43.840
Total 2023
57,774
57,774
Investment income
Unrestrlcted Restricted
funds
funds
2024
2024
Total
funds
2024
Retired Minister Housing Income
Dividends and bond interest
Interest on loans
5.580
186,104
6,328
11,908
186,104
120
120
Total 2024
191,684
6.448
198,132
Page 25

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment income (continuedl
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Retired Minister Housing Income
Dividends and bond interest
Interest on loans
8.865
8,865
165,123
320
165.123
320
Total 2023
165,123
9,185
174,308
Other incoming resources
Unrestricted
funds
2024
Total
funds
2024
Payroll servi
other activities
12.444
2,616
12,444
2,616
Total 2024
15,060
15,060
Unrestricted
funds
2023
Total
funds
2023
Payroll service
Other activities
11,361
1,502
11,361
1,502
Total 2023
12,863
12,863
Page 26

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on raising funds
Unrestricted
funds
2024
Totsl
funds
2024
Payroll scheme expenses
Interest on funds held for churches
9,211
113,048
9,211
113,048
Total 2024
122,259
122,259
Unrestricted
funds
2023
Total
fijnds
2023
Payroll scheme expenses
Interest on funds held for churches
10,026
99,804
10,026
99,804
Total 2023
109,830
109,830
Investment management costs
Unrestricted
funds
2024
Total
funds
2024
Investment management fees
18.762
18,762
Page 27

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment management costs (continued)
Unrestricled
funds
2023
Total
funds
2023
Investment management fees
16,789
16,789
10. Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted Restricted
funds
funds
2024
2024
Total
2024
Regional Ministry Team
Grants
Subscriptions
Ministels Conference
Association Activities
180,596
93,236
6,154
16,199
245.317
180,596
93,236
6,154
16,199
261,268
15,951
Total 2024
541.502
15,951
557,453
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
Regional Ministry Team
Grants
Subscriptions
Minister's Conference
Association Activities
164.485
139,015
6.440
14.498
152.219
164,485
151,532
6,440
14,498
170,067
12.517
17,848
Total 2023
478,657
30,365
507,022
Page 28

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. Analysis of expenditure by activities
Activities
undertaken
directly
2024
Grant
funding of
activities
2024
Support
costs
2024
Total
funds
2024
Regional Ministry Team
Grants
Subscriptions
Minister's Conference
Association Activities
180,596
180,596
93,236
6,154
16,199
261,268
93.236
6,154
16,199
15,951
245.317
Total 2024
218,900
93,236
245,317
557,453
Activities
undertaken
directly
2023
Grant
funding of
activities
2023
Support
costs
2023
Total
funds
2023
Regional Ministry Team
Grants
Subscriptions
Ministevs Conference
Association Activities
164.485
164.485
151,532
6,440
14,498
170,067
151.532
6.440
14,498
17.848
152,219
Total 2023
203,271
151.532
152,219
507,022
A detailed analysis of grants paid during the year is included at Appendix 1.
Page 29

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. Analysis of expendlture by activities (continued)
Analysis of direct costs
Regional
Ministry
Minister's Association
Team Subscriptions Conference
Activities
2024
2024
2024
2024
Total
funds
2024
Staff costs
Ministerfs conference
Regional Ministry Team
Subscriptions
Association activities
146.796
146,796
16,199
33,800
6,154
15,951
16,199
33,800
6,154
15.951
Total 2024
180.596
6,154
16,199
15.951
218,900
Regional
Ministry
Minister's
Team Subscriptions Conference
2023
2023
2023
Association
Activities
2023
Total
funds
2023
staff costs
Minister's conference
Regional Ministry Team
Subscriptions
Association activities
128.648
128.648
14,498
35,837
6.440
17,848
14,498
35,837
6,440
17,848
Total 2023
164,485
6,440
14,498
17,848
203,271
Page 30

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11. Analysls of expenditure by activities (contlnued)
Analysis of support costs
Total
funds
2024
Total
funds
2023
Staff costs
133,609
5,758
3,813
22,043
15,478
7.266
1,554
8,685
156
122,670
6,444
1,552
17.746
17.088
657
1,371
9,725
675
15,062
29.431
19,800
{90.000)
Depreciation
Payroll scheme expenses
Premises costs and administration
Other staff costs including Iraining
Propety
Working groups
Board expenses
Legal and professional
Other
Audit and accountancy fees
Profit on disposal of fixed asset held for sale
11,430
45,275
21,250
(31.000)
245.317
152,219
12. Auditor's remuneration
The auditor's remuneration amounts to an auditor fee of £17,750 (2023- £16,500). and non audit services
of £3,710 (2023.. £3.300).
13. Staff costs
2024
2023
Wages and salaries
Social security costs
Pension costs (note 25)
236,641
17,633
26,131
212,372
15,031
23,915
280,405
251,318
Page 31

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Stsff costs (continued)
The average number of persons employed by the Charity during the year was as follows:
2024
2023
No employee received remuneration amounting to more than £60,000 in either year.
During the year The Rev Adrian Argile, a Trustee of the Charitable Company, received remuneration for
his role as Regional Minister Team Leader and travel expenses in connection with that role. He was not
remunerated for Trustee duties. The cost to the Charity of the remuneration (gross pay plus employer's
national insurance and pension) was £54,308 {2023.. £45,038) and expenses were £3,607 (2023:
£3,395).
Key Management Personnel of the Charity are considered to be the Trustees. No other Trustee received
any remuneration.
14. Trustees. remuneration and expenses
Durtng the year, no Trustees received any remuneration or other benefits (2023: Nil), except as disclosed
above.
During the year ended 31 December 2024, expenses totalling £861 were reimbursed or paid directly to 2
Trustees (2023: £675 to 5 Trustees).
Page 32

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
15. Tangible fixed assets
Freehold Fixtures and
property
rittings
Computer
equipment
Total
Cost or valuation
At 1 January 2024
Additions
Disposals
1.301.733
23,918
18,276
1.594
1,343,927
1,594
(149,000)
(149,000)
At 31 December 2024
1,152,733
23.918
19.870
1,196,521
Depreclation
At 1 January 2024
Charge for the year
13,252
2,267
14,301
3.491
27,553
5,758
At 31 December 2024
15,519
17,792
33,311
Net book value
At 31 December 2024
1,152,733
8,399
2,078
1,163,210
At 31 December 2023
1,301,733
10,666
3.975
1.316.374
16.
Flxed asset investments
Other fixed
Listed
asset
investments investments
Total
Cost or valuation
At 1 January 2024
Additions
2,691,033
234,380
{229,802)
191,398
240.451
337.077
(229.670)
2.931.484
571,457
(459,472)
191,398
Disposals
Revaluations
At 31 December 2024
2,887,009
347,858
3,234,867
Page 33

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
16.
Fixed asset Investments (continued)
All fixed asset investments are held in the UK.
Subsidiary undertaking:
The CST Corporate Trustee Limited (Company number 11454313), a Company limited by guarantee, is a
subsidiary by virtue of the Charity being the sole member.
Its sole purpose is to act as a corporate Trustee in ￿SpeCt of the assets of the Cannon Street Trust.
The subsidiary is not material to the Group and has therefore not been included in the financial
statements.
17.
Debtors
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
14,498
117,499
65,071
8,265
122,599
19,992
197,068
150,856
Included within other debtors are loans to churches of £117,499 (2023: £122.5991 which are generally
expected to be received after one year.
18. Current asset investments
2024
2023
Deposits held on behalf of churches
1,258,380
910,343
19.
Creditors: Amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social security
Other creditors
4,656
12,400
3,414,232
13,052
1,119
9,686
3,354,606
3,831
Accruals and deferred income
3.444,340
3,369,242
Page 34

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
19.
Creditors: Amounts falling due within one year (continued)
2024
2023
Included within other creditors is an amount of £3,414,232 (2023- £3,354,606) held on behalf of certain
churches and the Cannon Street Trust. The churches are required to give due notice before withdrawal of
these amounts.
Page 35

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20. Statement of funds
statement of funds - current year
Balance at
31
Gainsl December
(losses)
2024
Balance at 1
January
2024
Transfers
inllout)
Income Expenditure
Designated
funds
Church
Resources Fund
Ministels
Resources Fund
Regional
Ministry Fund
Mission
Development
Monkspath Fund
Mission Grant
Funds
41,634
(3,000)
38,634
33,055
(1,000)
32,055
186,543
186,543
336,086
90,387
{35,507)
81.961
382,540
90.387
134,530
(52,569)
{81.961)
Pension reserve
45,829
45,829
733,534
134,530
(92,076)
775,988
General funds
General Funds
608,652
395,737
(590,447)
(2,513)
196,116
607,545
Total
Unrestricted
funds
1,342,186
530,267
(682,523)
(2,513)
196,116
1,383,533
Page 36

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20. Statement of funds (continued)
Balance at
31
Gainsl December
(losses)
2024
Balance at 1
January
2024
Transfers
inl{out)
Income Expenditure
Restricted
funds
Heart of England
Loan Fund
Retired Ministers
& Missionaries
Housing Fund
Westmancote
Baptist Trust
Benevolent Fund
Flood Fund
850,863
850,863
529,554
6,328
{13,318)
522,564
12,390
12,390
120
(2,633)
2,513
6,324
6,324
1,399.131
6.448
{15,951)
2,513
1,392.141
Total of funds
2,741,317
536,715
(698,474)
196,116
2.775,674
Page 37

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20.
statement of funds {continued}
statement of funds - prior year
Balance at
31
December
2023
Balance at
1 January
2023
Transfers
inl(out)
Gainsl
(losses)
Income Expenditure
Designated
funds
Church
Resources Fund
Ministerfs
Resources Fund
41,634
41,634
34,643
(1.588)
33,055
Regional
Ministry Fund
Mission
Development
Monkspath Fund
Mission Grant
Funds
186,543
186,543
346,793
90,387
(60.778)
50.071
336,086
90,387
133,658
{74,399)
{59,259)
Pension reserve
45.829
45.829
745,829
133.658
(136,765)
(9.188)
733.534
General funds
General Funds
563,912
416,488
{466.511)
(14,547)
109.310
608,652
Total
Unrestricted
funds
1,309,741
550,146
(603.276)
(23,735)
109.310
1,342,186
Page 38

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
20.
Statement of funds {¢ontinued)
Balance at
31
December
2023
Balance at
1 January
2023
Transfers
inl{out)
Gainsl
{losses)
Income Expenditure
Restricted
funds
Atch Lench
Baptist Trust
Heart of England
Loan Fund
Helen Youth
Fund
Retired Ministers
& Missionaries
Housing Fund
Westmancote
BaptlSt Trust
Benevolent Fund
Flood Fund
1.748
(10,936)
9.188
850.863
850.863
1,581
{1.581)
523.451
8,865
(2.762)
529,554
12,390
219
6,324
12.390
320
(15,086)
14.547
6,324
1,396,576
9,185
(30,365)
23.735
1,399,131
Total of funds
2,706.317
559,331
1633,641)
109,310
2.741,317
Page 39

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
21. Analysls of net assets between funds
Analysis of net assets between funds - current period
Unrestri¢ted Restricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Fixed asset investments
Cu￿ent assets
Creditors due within one year
1,163,210
1,163,210
3,234,867
3,234,867
{2,984.436) 4,806,373
1,821,937
(30,108) (3,414,232) {3,444,340)
Total 2024
1,383,533
1,392.141
2.775,674
Analysis of net assets between funds - prior period
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
1,316,374
1,316,374
2,931,484
2,931,484
{2,891.036) 4,753.737
1,862,701
(14.636) (3,354.606) (3,369.242)
Total 2023
1.342,186
1,399.131
2,741.317
Page 40

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
22.
Reconciliation of net movement in funds to net cash flow from operatlng activitles
2024
2023
Net income for the year (as per Statement of Financial Activities)
34.357
35,000
Adjustments for:
Depreciation charges (note 15)
Gains on investments (note 16)
Dividends, interests and rents from investments (note 61
Profit on the sale of fixed assets (note 11)
(InGrease)Idecrease in debtors (note 17)
Increase in creditors (note 19)
5,758
(191,398)
(198,132)
(31,000)
(46,212)
75,098
6.444
(109,310)
(174.308)
{90,000}
3,535
1,101,086
Net cash provided by operating activities
(351,529)
772.447
23.
Analysis of cash and cash equivalents
2024
2023
Cash in hand
Notice deposits (less Ihan 3 months)
366,489
1.606,238
801,502
1.150,794
Total cash and cash equivalents
1.972,727
1,952,296
24. Analysis of changes in net debt
At1
January
2024 Cash flows
At31
December
2024
Cash at bank and in hand
Liquid investments
801,502
1,150.794
(435,013)
455.444
366,489
1,606.238
1.952.296
20,431
1,972,727
Page 41

THE HEART OF ENGLAND BAPTIST ASSOCIATION
{A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
25.
Penslon commitments
The Association is a participating employer the Baplist Pension Scheme ("the SGheme"l. which is a
separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of
the Scheme are held separately from those of the Employer and Ihe other participating employers.
The Scheme, previously known as the Baptist Ministers, Pension Fund. started in 1925, but was closed to
future accrual of defined benefits on 31 December 2011. Prior to this date the main benefit provided
through the Defined Benefit (DB} Plan was a pension of one eightieth of final minimum pensionable
income for each year of pensionable service together with additional pension in respect of premiums paid
on Pensionable Income in excess of Minimum Pensionable Income.
From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within
the Scheme. In general. members pay 8°/0 of their Pensionable Income and employers pay 6% of
members, Pensionable Income into individual pension accounts, which are operated and managed on
behalf of the Pension Trustee by Broadstone Corporate Benefits Ltd. In addition, the employer pays a
further 40/0 of Pensionable Income to cover Death in Service Benefits, administration costs, and an
associated insurance policy which provides income protection for Scheme members if they are unable to
work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of
Great Britain with Aviva Limited. Members of the Basic Section pay reduced contributions of 50/0 of
Pensionable Income, and their employers also pay a total of 5°/0.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102.
Because it is not possible to attribute the Scheme's assets and liabilities to specific employers, the
scheme is accounted for as if the Scheme were a defined contribution scheme.
The Regional Ministers and members of the Association staff team are eligible tojoin the Scheme.
The table below summarises the main results of the most recent actuarial valuations of the BUSPS and
the Defined Benefit (DBI Plan in the BPS. These valuations were performed by a professionally qualified
Actuary using the Projected Unil Method:
BPS DB Plan
Date of valuation
31 December 2019
Date of next valuation
31 December 2022
Market value of scheme assets (A) £298m
Technical provisions (B)
£316m
Deficit [(B) _ (A}]
£18m
Funding level [(A} l (Bll
940
BUSPS
1 January 2017
NIA scheme is in wind-up
£10.3m
£16.2m
£5.9m
640/0
Page 42

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
25.
Pension commitments (continued)
Section 28.11A of FRS 102 requires agreed deficit recovery payments to be recognised as a liability. The
movement in the provision is set out in the table below.
Recovery Plan
In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals a
deficit the Trustee and the Council agree to a rate of deficiency contributions from churches and other
employers involved in the DB Plan. Following the 2019 valuation a Recovery Plan was signed in
September 2020 under which deficiency contributions are payable until June 2026. These contributions
were broadly based on each employer's membership at 31 December 2014 and increase annually in line
with increases to Minimum Pensionable Income as defined in the Rules.
On 30th June 2022 the Baptist Pension Scheme signed an agreement with the insurance company Just
Group ("Just") to secure DB Plan members, pension benefits. Just are now providing financial backing for
all pensions provided through the Scheme's DB Plan and following this transaction, the Scheme no
longer has a shortfall. An updated Recovery plan was then signed in August 2022 under which recovery
contributions from each participating employer in the DB Plan reduced to £1 per month from August
2022.
The Baptist Pension Scheme, pension authorities and actuaries met in De￿mber 2023 and confirmed a
statement of contributions has been agreed and there is no deficit in the plan.
The key financial assumptions underlying the valuations were as follows:
BPS
/opa
BUSPS
/opa
Type of assumption
RPI price inflation assumption
CPI price inflation assumption
Minimum Pensionable Income Increases (BPS only)
Pensionable Salary increase (BUSPS only)
Assumed investment returns
Pre-retirement
Post ret1￿ment
Deferred pension increases
Pre April 2009
Post April 2009
Pension increases
Pre April 2006
Post April 2006
3.20
3.45
2.70
NIA
3.70
2.70
0.50
NIA
2.95
1.70
3.50
2.25
3.20
2.50
3.45
2.50
2.70
3.25
2.70
2.15
Page 43

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
25. Pension Commitments {Continued>
Mortality is assumed in accordance with 80°/o of the S3NA standard mortality table. Future improvements
projected from 2013 in line with the "CMI 2019" projection with a long-term rate of improvement of J.750/0
p.a. for males and 1.50k p.a. for females with the core smoothing parameter and with additional initial
mortality improvement factor A-0.5¥0.
The next acluarial valuation of the DB Plan within the Scheme was due to take pla￿ not later than as at
31 December 2022. However. Ihe DB Plan is to be wound up, and the process to wind it up was started
with effect from 31 March 2024 and therefore no formal valuation is due to take place.
As there are numbers of contributing employers participating in both the BPS and the BUSPS, the Charity
is unable to identify its share of the underlying assets and liabilities of the schemes. A¢¢ordingly, the
SOFA charge for the year represents the employer contributions payable. The total pension Gost for the
Charity in the year were £26.131 {2023- £23,915) for the BPS.
26. Operating lease commitments
At 31 December 2024 the Charity had commitments to make future minimum lease payments under non-
cancellable operating leases as follows-
2024
2023
Not later than 1 year
Later than 1 year and not later than 5 years
1,242
1,656
1,242
1,242
2,898
Page 44

THE HEART OF ENGLAND BAPTIST ASSOCIATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
27.
Related party transactions
The Charity is a member of the Baptist Union of Great Britain and is in receipt of grants from the Home
Mission Fund which is part of the Baptist Union. Grants of £269,060 (2023: £242,700) were received in
this respect.
Trustees of the Charity are drawn from the membership of the local Baptist Churches and there are
therefore, from time to time, grant awards made to benefit either the individual or the Church. There is a
formal process in relation to grant applications which helps to ensure thal any conflict of interest is
mitigated by the exclusion of the conflicted individual in the decision making process.
The CST Corporate Trustee Limited
The CST Corporate Trustee Limited is a trust corporation constituted as a Company limited by guarantee
of which The Heart of England Baptist Association is the sole member and director.
Included within other creditors is an amount of £1.380,579 (2023: £1,352,670) held on behalf of the
Cannon st￿et Trust.
The Cannon Street Baptist Chapel Trust
The following church buildings, all within Birmingham. except Smethwick, are held on the CST (1877)
according to the terms of that Trust. The buildings are occupied by the Ghurches on the equivalenl of fully
insuring and ￿pairing leases at a peppercorn rent. The 'leases' expire when the churches no longer
require the property.
Bimiingham Central Baptist Church
Cannon Street Memorial Church
Castle Bromwich Baptist Church and Manse
Church of the Redeemer
City Road Baptist Church
People's Chapel and Manse
Small Heath Baptist Church
SmethwiGk Baptist Church
Umberslade Endowment Charlty
The Trustees of The Heart of England Baptist Association are also Trustees of the above named Charity
which is registered with the Charity Commission. There are no transactions between the entities but
The Heart of England Baptist Association oversees the activity of the Charity.
28.
Controlling party
The Charity is ultimately Controlled by the Board of Trustees.
29.
Company limlted by guarantee
The Charity is a Company limited by guarantee and does not have share capital.
Page 45

TIIEHtARTOF ENGIANDBAvfisrASSOCIAmON
Append￿ l-Gr¥Trts p•Wdurfn8th•y•4rllncludEsSub5¢rfpd¢M4nd mlThtstry4muniD￿I
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2024Total
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9143
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￿e￿¥WaI%￿lI
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6188
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Rev.￿￿￿￿ M¢Kty
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1081
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127B57
179236
Pa8È46

THE HEART OF ENGLAND BAPTIST ASSOCIATION
PROPERTIES FOR WHICH HEBA WAS OWNER/HOLDING TRUSTEE 31 DECEMBER 2024
C = Conservation area L= Listed
Name
Details
Acocks Green
Chapel, School Hall, Manse
Alvechurch
Chapel, Schoolrooms, land at rear, Manse
Attleborough
Church, other properties, Manse
Ashmore Park
Chapel, Hall
Austrey
Church Buildings
Baddeley Edge
Chapel
Baptist Church Centre Handsworth
Church, Legal charge held by Birmingham City
Council against this property.
Barnt Green
Chapel, land at rear
Bearwood
Church and School Hall
Bedworth
Chapel and School Hall, Manse
Bilston
Church and halls, Manse
Binley Woods (LEPI
Manse
Bridgnorth
Chapel, OfFices
Brierley Hill
Chapel, Schoolrooms, Burial ground
Bromsgrove
Chapel and School Hall
Manse
Chapel and School Hall
Butt Lane, Stoke-on-Trent
Cannon Street Memorial
Manse and house, Legal charge held by
Birmingham City Council against the Church which
is held by Cannon Street Trust Corporate Trustee
Limited
Chapel and School hall
Carters Lane
Castle Hill, Warwick
Church, other properties, Manse
Catshill
Chapel and halls, burial ground, Manse
Cedar Church, Kingstanding
Chapel and Hall
Page 47

THE HEART OF ENGLAND BAPTIST ASSOCIATION
PROPERTIES FOR WHICH HEBA WAS OWNER/HOLDING TRUSTEE 31 DECEMBER 2024
Chadsmoor
Chapel, Schoolrooms
Chase
Church
Chelmsley Wood
Church Centre, Manse
Chester Road,
Chapel, Manse
Chorley
Chapel, Burial Ground
Christchurch LEP, Hall Green
Chapel, Hall, Manse
City Road
Manse
Darkhou5e
Chapel, School Hall and small burial ground
Graveyard, Bell St
Church, School Hall and Burial Ground, Manse
Dawley
Donnington Wood
Chapel
Edward Rd
Chapel and Schoolrooms
Erdington, Six Ways
Chapel, School Halls, Manse
Ewyas Harold
Church, Manse and Land adjoining
Far Forest
Church
Fenton
Chapel and School Hall
Fordhouses Wolverhampton
Chapel and School Hall, Manse
Four Oaks
Chapel and Halls, House
George Road Community Church
Church and hall
Grace Community Church
Church building and land abutting church
Grenfell
Chapel, Land adjoining, House
Hope Stourbridge
Chapel, School Hall. Manse
Hanley, Stoke-on-Trent
Church Centre
Harborne
Church and Halls, other properties, Manse
Page 48

THE HEART OF ENGLAND BAPTIST ASSOCIATION
PROPERTIES FOR WHICH HEBA WAS OWNER/HOLDING TRUSTEE 31 DECEMBER 2024
Hearsall
Manse
Kenilworth
Church
Highgate
Church, hall and flat above.
Hockley He3th
Church Hall, land Adjoining
Kings Community Church
Church and Schoolroom
Kings Norton
Chapel, School Hall and land adjoining, Manse
Ledbury
Church, Manse and additional house
Lentons Lane, Coventry
Church, School Hall, additional land, Manse
Limbrick Wood
Church and Hall, Manse
Londonderry
Church and hall
Longbridge
Chapel and Hall, Manse
Longford
Salem: School Halls
Union Place: Church, hall and burial ground
Church Centre
Ludlow
Netherton, Ebenezer
Chapel and Schoolroom
Lodge Farm, Netherton
Church Hall
Messiah, Netherton
Burial Ground
New Christ Church, Aston
Chapel, Manse
Newbridge
Chapel, School Hall, Manse
Newcastle-under-Lyme
Church
New Life,
Kings Heath
Newport
Church, Manse and 2 houses
Church Building and site
Northfield
Church and halls, manse, Other land
Olton
Office5
Page 49

THE HEART OF ENGLAND BAPTIST ASSOCIATION
PROPERTIES FOR WHICH HEBA WAS OWNER/HOLDING TRUSTEE 31 DECEMBER 2024
Oswestry
Church BuiSding
Overslade
Church Hall
Perry Beeche5
Chapel
Providence
Chapel, and burial ground, Manse
Polesworth
Church, School Hall and burial ground
Pontesbury
Chapel and Burial Ground, Manse
Rugby
Chapel and School Halls
St Peterfs Worcester
Church, Manse
Saltley
Chapel, Manse
Sandon Road, Stafford
Chapel and School Hall, 2 Houses
Selly Park
Chapel and School Hall, Manse Ico-trusteel
Shrewsbury
Claremont site ICI: Chapel
Crowmoor site: Church
Chapel, Manse
Stechford
Stoke Baptist Church
Church,
Tabernacle Wolverhampton
Chapel and School halls, Car park, Manse
Tamworth
Chapel
Walsall, The Delves
Site, Chapel, Church Hall, Manse
Walsgrave
Chapel and School Hall, Manse
Warley
Chapel and School Halls and land adjoining, Manse
Wednesbury
Chapel, Manse
West Bromwich
Chapel, Manse
Westmancote Burial Ground
CC Order 2004. Co-Trustees with Official Custodian
Wolston
Chapel, Burial Ground
Page 50

THE HEART OF ENGLAND BAPTIST ASSOCIATION
PROPERTIES FOR WHICH HEBA WAS OWNER/HOLDING TRUSTEE 31 DECEMBER 2024
Word of Spirit and Life Church
Church
Yardley
School Hall, Manse
Yardley Wood
Chapel, Manse
Page 51