## **NAILSEA BAPTIST CHURCH** ## **CHURCH HOUSE** **79 SILVER STREET** **NAILSEA BS48 2DS** **CHARITY NUMBER: 1126312** ## **STATEMENT OF ACCOUNT** ## **AND** **INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2023** **Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ** **Mobile: 07710 456376** **E-mail: luke-silver@puresilver.org.uk** ## **Independent Examiner’s Report on the Accounts** ## **Accruals Accounts** ## **Report to the trustees/members of Nailsea Baptist Church** ## **Registered Charity Number 1126312** ## **On the accounts for the year ended 31[st] December 2023** ## **Set out on the following pages** ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and state whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below. ## **Independent examiner’s statement** In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements - To keep accounting records in accordance with section 130 of the 2011 Act; and - • To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Signed** _L A Silver_ ## **Date: 13 February 2024** Luke Silver, HNC Business & Finance Accountancy Practitioner Accountancy & Taxation Services 25 Ellicombe Close, Minehead, Somerset. TA24 6DQ ## **Independent Examiners Report to the Trustees** ## **Introduction** Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work. ## **Charity Law and Financial Regulations** The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP). ## **Signing of Accounts** I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees. **A spare copy is enclosed** . ## **Pension Scheme Liabilities 2022** The Church is a participating employer the Baptist Pension Scheme (“the Scheme”), 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 the other participating employers. A formal valuation of the DB Plan as at 31 December 2016. At the valuation date the market value of the DB Plan assets was £219 million, whilst the level of assets needed to pay benefits was £312m, giving a deficit of £93m (equivalent to a past service funding level of 70%). A recent review now shows minimal deficit in the scheme, however participating churches are still responsible for any deficit which may arise. The next actuarial valuation is now due. Churches are, at present making contributions of just £1 per month. ## **Conclusion** There are no other matters I feel need to be brought to your attention. Please do not hesitate to contact me for further clarification or for further assistance. ## **Luke Silver** ## **Date: 13 February 2024** ## **NAILSEA BAPTIST CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **ACTIVITIES REVIEW** The financial results are set out in the enclosed accounts. The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God. ## **TRUSTEES** The trustees during the year were as follows: ## **Rev P Burns** Fir Tree Cottage, 74 High Street, Nailsea BS48 1AU ## **Mr A Smith** 13 Hillcrest Road, Nailsea BS48 2JB ## **Dr M Elford** 21 Scotch Horn Way, Nailsea BS48 1TE **Mr S Ross** (Appointed Sept 2022) 9 Edgehill Road, Clevedon. BS21 7BZ **Mr G Shrubsole** (no longer trustee as of October 2023) 18 Bucklands View, Nailsea BS48 4TZ **Mr J Howard** (no longer trustee as of October 2023) 1 Coombe Road, Nailsea BS48 2HS **Mrs L Luft** (no longer trustee as of October 2023) 39 Nightingale Gardens, Nailsea. BS48 2BH ## **STATEMENT** We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. SIGNED ON BEHALF OF THE TRUSTEES Please print name: Date: ## **Independent Examiners Report to the Trustees** ## **1. Accounting Policies** - a) The financial statements have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice Accounting by Charities (SORP) issued October 2000. - b) There has been no change to the valuation rules since last year. The accounts are presented in an accruals format. - c) No changes have been made to accounts for previous years. ## **2. Trustees** One of the Trustees Rev P Burns received remuneration from the Charity. No one received in excess of £50,000. ## **3. Expenditure** Independent Examiner’s fee for the year is £675. ## **4. Endowment and Restricted Funds** There were no restricted funds received during the financial year. ## **5. Investment Assets** The charity has £60,000 as an investment asset. This was transferred from Virgin Money to the Lloyds Bank Reserve Account during the year. Additionally, the charity has £32,747 as an investment asset the Baptist ## **6. Paid Employees** The charity had two full time paid employees Peter Burns and Heulwen Evans. There were three part time employees, Dawn Perrett, Brian Comerford and Anne Stokes. They were paid salaries to support the further development of the objects of the charity. ## **7. Charity Management and Administration** The work carried out by the treasurer is on a voluntary basis. The total administrative costs during the year were £12,362.40. ## **8. Fixed Assets – Land & Premises** The Centre is insured for a rebuild value of £1,774,895 ## **9. Fixed Assets – Contents of Premises** The equipment is insured for £121,665 which includes £5,000 for equipment held at Kingshill School. ## **10. Debtors & Prepayments** There were no Debtors or Prepayments during this financial year. ## **11. Creditors & Accruals** There were no Creditors or Accruals during this financial year. ## **Nailsea Baptist Church** ## **Statement of Financial Activities** ## **For the period from 01 January 2023 to 31 December 2023** ||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Prior year**| |---|---|---|---|---|---| ||**funds**|**funds**|**funds**|**funds**|**total funds**| |**_Incoming resources_**|||||| |Donations, Legacies and similar incoming resources|152,165|—|—|152,165|142,450| |Activities in futherance of the charity's objects|17,950|—|—|17,950|25,649| |Activities for generating funds|1,400|—|—|1,400|—| |Investment income|1,666|—|—|1,666|736| |Other incoming resources|—|—|—|—|—| |**Total income**|**173,183**|**—**|**—**|**173,183**|**168,836**| |**_Resources used_**|||||| |Costs of generating funds|—|—|—|—|—| |Grants payable in futherance of charity's objects|—|—|—|—|—| |Activities in futherance of the charity's objects|73,613|—|—|73,613|28,545| |Support costs|13,133|—|—|13,133|13,181| |Expenditure on managing-administering the charity|97,217|—|—|97,217|124,852| |**Total expenditure**|**183,964**|**—**|**—**|**183,964**|**166,578**| |Gains / losses on investment assets|—|—|—|—|—| |**Net income / (expenditure) resources before transfer**|**(10,780)**|**—**|**—**|**(10,780)**|**2,257**| ||||||| |**_Transfers_**|||||| |Gross transfers between funds - in|—|—|—|—|—| |Gross transfers between funds - out|—|—|—|—|—| |**_Other recognised gains / losses_**|||||| |Gains on revaluation, fixed assets, charity's own use|—|—|—|—|—| |**Net movement in funds**|**(10,780)**|**—**|**—**|**(10,780)**|**2,257**| |**_Reconciliation of funds_**|||||| |**Total funds brought forward**|**469,968**|**—**|**—**|**469,968**|**467,711**| |**Total funds carried forward**|**459,187**|**—**|**—**|**459,187**|**469,968**| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 1 **Nailsea Baptist Church** ## **Analysis of income and expenditure** ## **Selected period: 01 January 2023 to 31 December 2023** |||||||**Total**|| |---|---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**||**Last year**| |**Incoming resources**|||||||| |**_Donations, Legacies and similar incoming resources_**|||||||| |1101 - Gift Aid Giving|106,012|—|—|—|106,012||92,956| |1101A - Loose Offering - Gift Aid Small|—|—|—|—|—||—| |Donation|||||||| |2001 - Gift Aided Donations|—|—|—|—|—||—| |2002 - Non GA Donations|14,505|—|—|—|14,505||14,444| |2003 - Stewardship/CAF|1,200|—|—|—|1,200||4,400| |2004 - Gift Aid Refund|24,275|—|—|—|24,275||25,997| |2131 - F&A Support|1,429|—|—|—|1,429||102| |2131A - F&A GA Support|4,305|—|—|—|4,305||3,545| |2131B - F&A GA Refund|—|—|—|—|—||—| |2133 - Tear Fund Support|248|—|—|—|248||573| |2134 - BMS Support|—|—|—|—|—||200| |2135 - Home Mission Donatio|—|—|—|—|—||—| |2136 - Salvation Army Donat|—|—|—|—|—||—| |2137 - OMF Donation|—|—|—|—|—||—| |2138 - UFM Donation|—|—|—|—|—||—| |2139 - CTA Donation|—|—|—|—|—||—| |2140 - Eurovangelism Donati|58|—|—|—|58||—| |2141 - Wellspring Donation|—|—|—|—|—||27| |2142 - Compassion Donation|—|—|—|—|—||—| |2143 - 4H Income|—|—|—|—|—||—| |2144 - Barnabas Donations|—|—|—|—|—||—| |2500 - Shoe Boxes|130|—|—|—|130||205| |2501 - Pledge Donations|—|—|—|—|—||—| |2503 - Year for God Donations|—|—|—|—|—||—| |2504 - Particular Baptist Fund (Loan)|—|—|—|—|—||—| |2509 - Tax Cut Repayment|—|—|—|—|—||—| |2510 - Syrian Family Income|—|—|—|—|—||—| |**_Donations, Legacies and similar_**|152,165|—|—|—|152,165||142,450| |**_incoming resources Totals_**|||||||| |**_Activities in futherance of the charity's objects_**|||||||| |2151 - Chatterbox|2,002|—|—|—|2,002||1,831| |2152 - Focus|—|—|—|—|—||—| |2154 - Morning Break|—|—|—|—|—||—| |2155 - Discipleship/Worship|—|—|—|—|—||—| |2156 - Alpha/CE/DE|—|—|—|—|—||—| |2157 - Good News Newspapers|—|—|—|—|—||—| |2158 - Ladies Events|—|—|—|—|—||—| |2159 - Bible Study Notes|56|—|—|—|56||85| |2160 - Visiting Preachers|(100)|—|—|—|(100)||—| |2161 - Church W/E|1,310|—|—|—|1,310||3,095| |2162 - Ladies W/E|—|—|—|—|—||—| |2171 - RS2 - Older Youth Group|—|—|—|—|—||—| |2172 - Live Wires|245|—|—|—|245||140| |2175 - Creche|—|—|—|—|—||—| |2176 - Friday Fun Club|—|—|—|—|—||—| |2177 - Fusion|392|—|—|—|392||382| |2178 - FAST|415|—|—|—|415||222| |2179 - FAST +|—|—|—|—|—||—| |2180 - AYC|—|—|—|—|—||—| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 1 |||||||**Total**|| |---|---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**||**Last year**| |2191 - May Fair|—|—|—|—|—||—| |2192 - Victorian Fair|—|—|—|—|—||—| |2193 - Carnival|—|—|—|—|—||—| |2194 - Evangelistic Events|508|—|—|—|508||459| |2194A - Film Club|1,031|—|—|—|1,031||71| |2194B - Messy Church|134|—|—|—|134||51| |2196 - Money Matters|—|—|—|—|—||—| |2197 - Parenting Workshops|—|—|—|—|—||—| |2198 - Youth Weekend|749|—|—|—|749||7| |2198A - Youth Trips|9|—|—|—|9||3| |2199 - The Centre Income|240|—|—|—|240||204| |2200 - GTSSS - India|—|—|—|—|—||3,910| |2250 - Time Out @ 10 Donations|1,836|—|—|—|1,836||951| |2300 - The Centre - Office|—|—|—|—|—||—| |2301 - Coffee @ The Centre Donations|2,009|—|—|—|2,009||1,471| |2302 - The Centre - Hire Payments|6,939|—|—|—|6,939||4,825| |2505 - Acts246 GG Weekend Away|170|—|—|—|170||500| |Income|||||||| |2506 - Stop the Traffik|—|—|—|—|—||—| |2507 - Men's Weekend Income|—|—|—|—|—||237| |2508 - Bike Ride Income|—|—|—|—|—||—| |2511 - Open Doors Mission|—|—|—|—|—||—| |2512 - Lou Luft Grant|—|—|—|—|—||7,199| |2514 - Emerging Needs|—|—|—|—|—||—| |**_Activities in futherance of the_**|17,950|—|—|—|17,950||25,649| |**_charity's objects Totals_**|||||||| |**_Activities for generating funds_**|||||||| |2131C - Malawi Trip - Income|1,400|—|—|—|1,400||—| |**_Activities for generating funds_**|1,400|—|—|—|1,400||—| |**_Totals_**|||||||| |**_Investment income_**|||||||| |1123 - Interest received|1,666|—|—|—|1,666||736| |**_Investment income Totals_**|1,666|—|—|—|1,666||736| |**Incoming resources Grand**|173,183|—|—|—|173,183||168,836| |**totals**|||||||| ## **Resources used** |**Resources used**||||||| |---|---|---|---|---|---|---| |**_Costs of generating funds_**||||||| |2468 - Baptist Loan Fund (Repayments)|—|—|—|—|—|—| |**_Costs of generating funds Totals_**|—|—|—|—|—|—| |**_Activities in futherance of the charity's_**|**_objects_**|||||| |2351 - Chatterbox|1,056|—|—|—|1,056|957| |2352 - Focus|—|—|—|—|—|—| |2353 - Time To Think|—|—|—|—|—|—| |2354 - Morning Break|—|—|—|—|—|—| |2355 - Discipleship/Worship|—|—|—|—|—|—| |2356 - Alpha/CE/DE Expenditure|—|—|—|—|—|—| |2357 - Good News Newspapers|—|—|—|—|—|—| |2358 - Ladies events|—|—|—|—|—|—| |2359 - Bible Study Notes|186|—|—|—|186|192| |2360 - Visiting Preachers|300|—|—|—|300|80| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 2 |2361 - Church W/E
2362 - Ladies W/E
2370 - Sunday School
2371 - Vision Youth
2372 - LW - Dynamite
2373 - LW - Sparks
2374 - LW - Mini Sparks
2375 - Creche
2376 - Friday Fun Club
2377 - Fusion
2378 - FAST
2380 - AYC
2391 - May Fair
2392 - Victorian Fair
2393 - Carnival
2394 - Evangelistic Events
2423 - Puppets
2460 - GTSSS - India Donations
2461 - Loose Endz - Expnditure
2462 - The Centre Office
2463 - Year for God Expenses
2464 - Time Out @ 10
2469 - Acts246 GG Weekend Away
Payments
2473 - Men's Weekend Payments
2474 - Youth Weekend
2476 - Bike Ride Donations
2477 - NBC Mission Support
2481 - Open Doors Mission Support
2482 - WEBA
2483 - Safeguarding
2484 - Bristol Baptist College
2485 - Connect (schools worker)
2486 - UCCF Support
2487 - Lou Luft Support
2488 - Petty Cash At Office
2489 - Emerging Needs
**_Activities in futherance of the_**
**_charity's objects Totals_**
**_Support costs_**
1355 - Subscription
2330 - James Clarke Support
2331 - Francis & Annie/EAM
2332 - Paul Carter
2333 - Tear Fund
2334 - Judy Cook/BMS
2335 - BU/Home Mission
2336 - Salvation Army
2337 - Stephen/Iun Hue/OMF
2338 - Andrew & Jenny/UFM
2339 - CTA
2340 - Eurovangelism
2341 - Wellspring
2342 - Compassion UK
2344 - 4H
2345 - Barnabas
2465 - Shoe Box Donations
2471 - Stop the Traffik Donation|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**Total**
**This year**
**Last year**| |---|---| ||900
—
—
—
900
5,885
175
—
—
—
175
—
103
—
—
—
103
181
252
—
—
—
252
252
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
393
—
—
—
393
135
242
—
—
—
242
205
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2,644
—
—
—
2,644
929
—
—
—
—
—
—
970
—
—
—
970
5,630
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
986
—
—
—
986
167
50
—
—
—
50
500
—
—
—
—
—
—
1,495
—
—
—
1,495
392
—
—
—
—
—
—
900
—
—
—
900
—
943
—
—
—
943
900
54,154
—
—
—
54,154
200
—
—
—
—
—
—
3,053
—
—
—
3,053
—
2,000
—
—
—
2,000
2,000
1,000
—
—
—
1,000
1,000
1,704
—
—
—
1,704
8,936
100
—
—
—
100
—
—
—
—
—
—
—| ||73,613
73,613
—
—
—
28,545
1,322
—
—
—
1,322
1,891
—
—
—
—
—
—
7,000
—
—
—
7,000
4,580
—
—
—
—
—
—
1,210
—
—
—
1,210
1,388
900
—
—
—
900
1,198
2,400
—
—
—
2,400
2,540
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
300
—
—
—
300
300
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
900
—
—
—
—
—
—
—
—
—
—
—
383
—
—
—
—
—
—| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 3 |||||||**Total**|| |---|---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**||**Last year**| ||||||||| |**_Support costs Totals_**|13,133|—|—|—|13,133||13,181| |**_Expenditure on managing-administering the charity_**|||||||| |2201 - Pastor's Stipend|5,680|—|—|—|5,680||21,497| |2202 - Pastor's NI|2,823|—|—|—|2,823||8,520| |2203 - Pastor's Pension|7,816|—|—|—|7,816||7,381| |2204 - Pastor's Lease|11,016|—|—|—|11,016||10,488| |2205 - Pastor's Car Expense|—|—|—|—|—||—| |2206 - Co.Tax/Build/Water|3,173|—|—|—|3,173||2,399| |2207 - Pastor's Telephone|—|—|—|—|—||—| |2208 - Pastor's Misc. Expen|1,776|—|—|—|1,776||764| |2209 - Pastor's Hospitality|—|—|—|—|—||—| |2210 - Pastor's AVC|—|—|—|—|—||—| |2215 - Administrators Pay - Dawn|873|—|—|—|873||3,278| |2216 - Administrators NI - Dawn|—|—|—|—|—||—| |2217 - Adm. exp. not office|—|—|—|—|—||—| |2218 - Administrator - Anne|1,809|—|—|—|1,809||7,040| |2219 - Administrator NI - Anne|776|—|—|—|776||1,392| |2221 - Youth Pastor Pay|5,345|—|—|—|5,345||20,277| |2221A - Youth Pastor Pension|2,712|—|—|—|2,712||2,576| |2222 - Youth Pastor NI|2,289|—|—|—|2,289||6,764| |2223 - YW - exp. personal|—|—|—|—|—||—| |2224 - Youth Pastor Exp Youth|1,743|—|—|—|1,743||1,475| |2227 - Youth Pastor Office Expenses|—|—|—|—|—||—| |2228 - Youth Pastor Other expenses|—|—|—|—|—||—| |2229 - Youth Pastor Car Expenses|39|—|—|—|39||—| |2331A - Malawi Trip - Expenditure|3,212|—|—|—|3,212||—| |2401 - Office Rent/Rates|—|—|—|—|—||—| |2402 - Office Phone etc|—|—|—|—|—||—| |2403 - Stationery/Printing|2,164|—|—|—|2,164||822| |2404 - Other Office expense|280|—|—|—|280||191| |2405 - Insurance|1,738|—|—|—|1,738||1,567| |2411 - Rent for School|6,240|—|—|—|6,240||3,456| |2412 - Rent for Mycon|—|—|—|—|—||—| |2413 - Rent for other|—|—|—|—|—||—| |2421 - Sound & Proj. equip|—|—|—|—|—||—| |2422 - Catering & Communion|—|—|—|—|—||—| |2431 - Minibus Fuel|—|—|—|—|—||—| |2432 - Minibus Service/MOT|—|—|—|—|—||—| |2433 - Minibus Ins/Tax|—|—|—|—|—||—| |2447 - Associate Pastor Pension|—|—|—|—|—||—| |2448 - Associate Pastor - Lease|—|—|—|—|—||—| |2451 - Audit|690|—|—|—|690||690| |2452 - Churches Together|260|—|—|—|260||320| |2453 - BU Subscription|545|—|—|—|545||422| |2454 - Bank Fees|—|—|—|—|—||—| |2455 - Other|6,911|—|—|—|6,911||1,009| |2456 - CCLI|1,350|—|—|—|1,350||1,208| |2457 - Money Matters|—|—|—|—|—||—| |2458 - Parenting Workshop|—|—|—|—|—||—| |2459 - The Centre - Maintenance|10,626|—|—|—|10,626||1,067| |2459A - The Centre - Kitchen|—|—|—|—|—||—| |Equipment|||||||| |2459B - The Centre - Audio Equipment|126|—|—|—|126||—| |2459C - The Centre - Equipment|183|—|—|—|183||499| |2459D - Coffee @ The Centre Costs|3,078|—|—|—|3,078||4,608| |2459E - The Centre - Electric|3,480|—|—|—|3,480||8,216| |2459F - The Centre - Water Rates|759|—|—|—|759||1,086| |2459G - The Centre - Gas|4,973|—|—|—|4,973||1,943| |2459H - The Centre - Refuse Collection|407|—|—|—|407||368| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 4 |||||||**Total**|| |---|---|---|---|---|---|---|---| ||**Unrestricted**|**Designated**|**Restricted**|**Endowment**|**This year**||**Last year**| |2459I - The Centre - Cleaner|1,252|—|—|—|1,252||4,342| |2459J - The Centre - Caretaker|—|—|—|—|—||—| |2459K - The Centre Supplies|2,615|—|—|—|2,615||1,413| |2466 - Family Worker|—|—|—|—|—||—| |2467 - HMRC - Gift Aid Repayment|—|—|—|—|—||—| |2470 - Particular Baptist Fund|—|—|—|—|—||—| |Repayment|||||||| |2472 - Members Loan Repayments|—|—|—|—|—||—| |2475 - HMRC - Charity Tax Cut|(1,568)|—|—|—|(1,568)||(4,484)| |2479 - Baptist Pension Fund - Deficit|12|—|—|—|12||2,243| |2480 - Syrian Refuge Families|—|—|—|—|—||—| |**_Expenditure on managing-_**|97,217|—|—|—|97,217||124,852| |**_administering the charity Totals_**|||||||| |**Resources used Grand totals**|183,964|—|—|—|183,964||166,578| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 13 February 2024 Page 5 ## **Nailsea Baptist Church** ## **Balance Sheet detailed** |||**31/12/2023**
**31/12/2022**
**As at**
**As at**| |---|---|---| |**Fixed assets**
1407: The Centre (Building)
**Total Fixed assets**
**Current assets**
1501: Current Account - 00842728
1502: Saving Account - 07278356
1502A: Extra Reserve - 25460960
1503: Reserve Account - 07507126
1505: Virgin Money - 15035A-24170
1507: Friday Fun Club
1508: Fusion
1509: Fast
1511: Chatterbox
1513: BUC General Account - NL003
Z05: Accounts Receivable
**Total Current assets**
**Liabilities**
1603: Particular Baptist Fund
1603A: Particular Baptist Fund more than 1
year
1604: Baptist Loan Corporation
1604A: Baptist Loan Corportaion more than 1 yr
1605: NBC Member Loans
Z04: Accounts Payable
**Total Liabilities**
**Net Asset surplus (deficit)**
**Reserves**
Excess / (deficit) to date
Z01: Starting balances
Z02: Other gains/(losses)
Z03: Gains and losses own use
**Total Reserves**||350,000.00
350,000.00
**350,000.00**
**350,000.00**
11,741.90
12,124.78
0.05
100.03
1,312.14
1,300.70
63,175.81
13,006.34
—
60,000.00
—
—
171.68
197.70
38.31
33.14
—
1,796.75
32,747.61
31,408.89
—
—
**109,187.50**
**119,968.33**
—
—
—
—
—
—
—
—
—
—
—
—
**—**
**—**
**459,187.50**
**469,968.33**
(10,780.83)
2,257.30
469,968.33
467,711.03
—
—
—
—
**459,187.50**
**469,968.33**| |||| |||| 09 February 2024 Page 1 **As at As at 31/12/2023 31/12/2022** ||431,511.50
Unrestricted
442,292.33
27,676.00
Designated
27,676.00
—
Restricted
—
—
Endowment
—
**Represented by Funds**
**459,187.50**
**469,968.33**
**Total**| |---|---| 09 February 2024 Page 2