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2024-12-31-accounts

Croxley Green Baptist Church

Report and Accounts Year ended 31 December 2024

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

CROXLEY GREEN BAPTIST CHURCH

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2024

ADDRESS FOR CORRESPONDENCE 225 Baldwins Lane, Coxley Green Rickmansworth GOVERNING DOCUMENT Constitution dated 1 August 2008

CHARITY REGISTRATION NUMBER 1126351 TRUSTEES RESPONSIBLE FOR MANAGING THE CHARITY

David Hofer (appointed 1 Jan 2025) Graham Hilsden (appointed 1 Jan 2025) Rev Stephen Elmes (appointed 1 April 2024) Rachel Mead (appointed 28 March 2024) Paul Sutton Joanna Baldwin Christine Fowler Steven Gilbert Sara O'Shea Elizabeth Pedrick Ann Wrangles (resigned 31 December 2024) Gary Mead (resigned 31 March 2024) Colin James Mead (resigned 16 July 2024)

INDEPENDENT EXAMINER

Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Legal & Administrative Details Pages 2-5 Trustees' Report Page 6 Independent Examiner's Report Page 7 Receipts and Payments Account Page 8 Statement of Assets & Liabilities Pages 9-10 Notes to the Accounts

Page 1

CROXLEY GREEN BAPTIST CHURCH

YEAR ENDED 31 DECEMBER 2024

TRUSTEES’ REPORT

INTRODUCTION

The trustees present their report together with the financial statements of the Church for the year ended 31 December 2024

OBJECTIVES

CHARITABLE OBJECTIVE

The Church is governed by a constitution which states the principal object of the charity is the advancement of the Christian Faith, according to the principles of the Baptist denomination. This includes the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine. It occupies premises which are held by the Baptist Union Corporation Limited on Trusts which are entirely compatible with the above object.

In order to achieve its principal objective, the Church provides a variety of activities to both its membership and the community generally. The aim is to show the love of the Lord Jesus in both word and deed and to bring people into a closer relationship with Him.

CHARITABLE ACTIVITES

Central to the work and witness of the Church is the provision of regular public services of Christian worship. This year we appointed Rachel Mead as Minister in Training from our own congregation, who is training to be a Regional Local Minister through the Central Baptist Association in conjunction with Regents College, Oxford. We also appointed the Revd. Stephen Elmes to be our Lead Minister and he took up this position on 1[st] May 2024. Services continue to be streamed at 10:30 and are accessible to those who are church members and anyone else who would like to watch. The Christmas services were very well attended this year, including our Carol Service and Blue Christmas for those who are lonely or grieving. News sheets are emailed to members and friends but made available at the church for those who cannot access them this way.

The number of Discipleship Groups has increased this year. This has been partly due to starting a new initiative, Roots and Rhythms, which is a mid-week opportunity to meet at the church, break into small groups and reflect on spiritual practices. This has been led very ably by our new ministers.

The Church actively supports the Baptist Union Home Mission Fund, BMS World Mission, and Christian Aid along with other relief agencies and missions both locally, nationally, and

Page 2

internationally. There has been a greater emphasis on these as partnerships this year. One of our deacons, Sara O’Shea, also serves as a trustee for the Central Baptist Association.

The Charitable Incorporated Organization formed to further the work of the Churches Together in Croxley Green continued to employ two Parish Nurses throughout the year who worked in conjunction with Renew Wellbeing (see below). There has been more impetus in working alongside the local churches in Churches Together during the latter part of this year. The Food Bank is held on a Monday afternoon, which is managed via the Rickmansworth Foodbank and the Trussell Trust and has seen increased need in the community.

We continue to run our weekly Renew Wellbeing drop-in space for those who struggle with their mental health and loneliness. This has about 15-20 regular attendees and is followed by a lunch club which hosts about 45-50 people each week. Renew Wellbeing is based on the Five Ways to Wellbeing and works on the principles of being present, being prayerful and being in partnership. Each space is run by a local church and is intended to be a place where ‘it’s ok not to be ok’ in our community. It is a haven for anyone to come and be known by name, regardless of how they are feeling. Everyone is welcomed in and valued by the hosts. A few people are now attending church services regularly on Sundays, having found a warm welcome within our doors.

Renew Mini Sparklers, our toddler group, continues to run each Tuesday morning during term time and is greatly valued by those who attend. Its aim is to support parents as they negotiate the challenges of parenthood. Many of those who attend really benefit from the quiet support it provides for parents, while toddlers can play.

Much of what we do to support children, young people and families is relational and we get along side and support them. Girls Brigade, Explorers, Anchor Boys, and Boys Brigade have continued to run, although we have seen dwindling numbers in Anchor Boys during the year. Our church youth group called Edge has been well attended most Sunday evenings by young people within the church and their friends. JAM and TNT (Sunday school groups) run each week during term times.

We have run a Kinsugi Hope course this year, inviting those from Renew Wellbeing and this was very encouraging in its impact. We hope to run more in the future.

All activities and events are published on the Church website or weekly notice sheet and are open to all whether members or not.

Systems are in place to ensure that all those working with children, young people and vulnerable adults at risk have appropriate DBS clearance. We have internal systems in place to safe-guard children, young people, and vulnerable adults at risk and those working with them. We have approximately 70 volunteers, of which 40 have attended Safeguarding Training. We also provide small booklets to support volunteers with this aspect of their service.

Page 3

The trustees have read the Charity Commission guidance on “The Advancement of Religion for the Public Benefit”. They are satisfied that the activities of the Church are for the public benefit.

ACHIEVEMENTS AND PERFORMANCE

The Church does not measure the success of its programs only in numbers, including financial numbers, but also in the less tangible areas such as fellowship and encouragement.

The trustees recognise that these are difficult to measure, but believe that despite the difficulties, 2024 was a very positive year in the life of the Church in terms of both spiritual growth and practical service; in encouraging and helping members and non-members across the age spectrum through teaching and trying to model positive lifestyles; and in service to the community in in practical ways. Membership increased to 101 in December 2024.

The reputation of the church in the community is good and a growing number view the church as theirs even if they do attend regularly.

FINANCIAL REVIEW

During the year income decreased by £39,500 to £212,067, and expenditure increased by £99,333, to £209,364. As a result, the cash held by the charity increased by £2,704, to £388,049, of which £340,245 is unrestricted and can be used for any charitable purpose.

RESERVES POLICY

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £60,000 (which equates to about 5 months of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £340,425 and the charity is complying with its reserves policy.

The Trustees recognise that this is above the desirable level of reserves set out in the policy. The Church had been between ministers so it has had the opportunity to build its reserves which will serve the church in the future, and now that new ministers have been appointed.

GOVERNANCE

Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Trustees serve for a term of three years and may be re-elected. All trustees are church members and are nominated by other members. Voting takes place at the Church Meeting.

Page 4

RESPONSIBILITIES OF TRUSTEES

Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

APPROVAL

This report was approved by the trustees and signed on their behalf by:

Paul Sutton

Paul Sutton (Jul 13, 2025 13:59 GMT+1) ___

PAUL SUTTON

Date: Jul 13, 2025

Page 5

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

CROXLEY GREEN BAPTIST CHURCH

I report to the trustees on my examination of the accounts of Croxley Green Baptist Church ('the charity') for the year ended 31 December 2024 on pages 7 to 10 following.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin (Jul 14, 2025 11:49 GMT+1)

Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: Jul 14, 2025

Page 6

CROXLEY GREEN BAPTIST CHURCH

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted Funds
General Designated Restricted
Funds Funds Funds 2024 2023
Notes £ £ £ £ £
Income receipts
Donations 122,696 - 3,403 126,099 114,345
Gift aid receipts 28,444 - 835 29,280 30,587
Legacies 9,896 - - 9,896 38,907
Income from courses and events 1,321 - 8,691 10,012 11,642
Income from letting of facilities 24,928 - - 24,928 46,227
Bank interest 11,853 - - 11,853 9,859
Total receipts 199,138 - 12,929 212,067 251,567
Payments
Payments
in
relation
to
activities undertaken directly
charitable 2 107,941 13,421 62,120 183,481 88,768
Grants
paid
in
relation
to
activities undertaken by others
charitable 3 23,903 - - 23,903 21,262
131,844 13,421 62,120 207,384 110,030
Write off of petty cash differences 1,979 - - 1,979 -
1,979 - - 1,979 -
Total payments 133,823 13,421 62,120 209,364 110,030
Net
of
receipts
/
(payments)
transfers
before 65,315 (13,421) (49,191) 2,704 141,537
Transfers between funds 5 (114,061) 86,000 28,061 - -
Net movement in funds (48,745) 72,579 (21,130) 2,704 141,537
Cash funds as at last year end 288,347 28,064 68,934 385,345 243,808
Cash funds at this year end A 239,602 100,643 47,804 388,049 385,345

The notes on pages 9 - 10 form part of these accounts.

Page 7

CROXLEY GREEN BAPTIST CHURCH

STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2024

General
Designated
funds
funds
Notes
£
£
A Cash funds
Cash at bank
239,602
100,643
Petty cash
-
-
239,602
100,643
B Other monetary assets
Gift aid due to charity
2,416
-
Other debtors
105
-
2,521
-
C Liabilities
Falling due within one year
Trade creditors
234
4
Fee for Independent Examination
1,500
-
1,734
4
D Assets retained for charity's own use
Land and buildings
Fixtures, Fittings and Equipment
Current values have been estimated by the trustees.
Unrestricted Funds
Restricted
funds
£
47,676
128
47,804
-
-
-
75
-
75
2024
£
387,921
128
388,049
2,416
105
2,521
314
1,500
1,814
Fund to
which asset
belongs
Unrestricted
Unrestricted
2023
£
385,345
-
385,345
2,316
-
2,316
164
1,320
1,484
Current
value
£
1,800,000
5,000
1,805,000

The accounts were approved by the trustees and signed on their behalf by:

Paul Sutton

Paul Sutton (Jul 13, 2025 13:59 GMT+1) -------------------------------------------PAUL SUTTON Jul 13, 2025 Date: ____

The notes on pages 9 - 10 form part of these accounts.

Page 8

CROXLEY GREEN BAPTIST CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

In the previous year, the charity presented accounts prepared on the accruals basis using the Charities SORP. In the previous year the charity's income exceeded £250,000 and the charity was obliged to prepare its accounts on an accruals basis using the Charities SORP. As the charity's income is now less than £250,000, it has taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously have been restated; further information is given in note 6 below.

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. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

Unrestricted Funds
General
Designated
funds
funds
£
£
2
Payments in relation to charitable activities undertaken directly
Books and conferences
-
-
Events
-
-
Church premises
22,803
-
Employment costs (see note 4)
56,490
-
Management and administration
3,695
-
Ministry
6,540
3,050
Travel and other costs
2,949
-
Telephone
1,514
-
Manse expenditure
12,549
-
Repairs and maintenance
-
10,371
Independent examination
1,401
-
107,941
13,421
Restricted
Funds
£
588
5,835
-
-
-
55,697
-
-
-
-
-
62,120
Total
2024
£
588
5,835
22,803
56,490
3,695
65,287
2,949
1,514
12,549
10,371
1,401
183,481
Total
2023
£
1,675
2,528
17,662
4,916
2,142
18,706
4,890
779
28,895
6,077
500
88,768
3
Grants paid in relation to charitable activities undertaken by others
Grants for:
BMS World Mission
International mission
4,256
CBA Home Mission
UK mission
5,706
Watford Schools Trust
Education
10,000
Ivy Street Family Centre
Family care
1,305
Other small grants to organisations
440
Grants to individuals
2,196
23,903
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,256
5,706
10,000
1,305
440
2,196
23,903
11,216
2,876
-
526
5,072
1,572
21,262

4 Transactions with related parties

Reverend Stephen Elmes served as church leader and was paid £25,239 (2023: £nil) while Rachel Mead served as minister in training and was paid £14,021 (2023: £nil). They were remunerated for serving in those specific roles, not for serving as a trustees; these payments are permitted by the charity's governing document. In addition, the church leader is provided with accommodation (which is customary for ministers), so that he can better perform his duties.

5 Movement of funds

vement of funds
Opening Closing
balance Receipts Payments Transfers balance
£ £ £ £ £
General funds 288,347 199,138 (133,823) (114,061) 239,602
Designated funds
Ministry training and development Fund 7,499 - (2,135) - 5,364
Property repairs Fund 20,565 - (10,371) 80,000 90,194
Bible Fund - - - 1,000 1,000
ICT Fund - - (914) 5,000 4,086
28,064 - (13,421) 86,000 100,643

Page 9

CROXLEY GREEN BAPTIST CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

5 Movement of funds (continued…)

Restricted funds
Boys Brigade Fund
Girls Brigade Fund
Renew Group Fund
Renew Sparklers Fund
Holiday at Home Fund
SOLO's Fund
Legacy Food Fund
Endowment Fund
Eco Church Fund
Quench Fund
Parish Nurse Fund
Bible reading and books Fund
Technical Fund
Total funds
3,492
1,596
10,267
1,411
2,316
195
34,664
9,894
148
345
-
531
4,075
68,934
385,345
4,970
695
6,783
481
-
-
-
-
-
-
-
-
-
12,929
212,067
(4,750)
(1,085)
(15,514)
(324)
-
-
(7,364)
-
-
(347)
(2,000)
(588)
(30,148)
(62,120)
(209,364)
-
76
-
-
-
-
-
-
(148)
2
2,000
57
26,073
28,061
-
3,712
1,281
1,536
1,569
2,316
195
27,300
9,894
0
0
0
0
0
47,804
388,049

The major transfers into restricted funds from unrestricted general funds were to ensure the relevant fund did not have a deficit at the year end. The transfers into designated funds were made by the trustees in anticipation of future expenditure.

Designated funds

The Ministry training and development Fund exists so Church Members can use this fund for training and development in line with the churches values and mission.

The Property repairs Fund is for repairs to the churches properties including the church building and three manses. The Bible Fund is to purchase bibles and associated literature.

The ICT Fund is to upgrade, repair or replace ICT equipment.

Restricted funds

The Boys Brigade fund accounts for the Boys Brigade finances, anchor boys, junior section and senior section. The Girls Brigade fund accounts for the activities of the Girls Brigade

The Renew Group fund is the money from Renew Lunch (vulnerable adults group) and associated gifts.

The Renew Sparklers Fund is the money from Renew Sparklers (Toddler Group) and associated gifts.

The Holiday at Home Fund accounts for the activitiesfor the elderly who find going on holiday difficult. The SOLO's Fund is money for activities and expenditure to support adults who find themselves on their own. The Legacy Food Fund can be spent on any ‘food’ activities which happen in the church. The Eco Church Fund is money for ecological activities within the church.

The Quench Fund is a youth group fund for equipment and expenses.

Parish Nurse Fund is to support the work of the Parish Nurse project in Croxley Green. Bible reading and books Fund is to purchase bibles and associated literature. The Technical Fund is to upgrade, repair or replace ICT equipment.

6 Reconciliation with previously reported funds

As explained in note 1 'Accounting Policies', in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously

Reconciliation of reserves

Reconciliation of reserves
Previously reported reserves, at 31 December
Adjustments arising from use of receipts and payments basis:
Exclusion of previously included fixed assets
Exclusion of previously included debtors
Exclusion of previously included creditors
Re-stated reserves, at 31 December
Previously reported results
Adjustments arising from use of receipts and payments basis:
Previously capitalised expenditure, less depreciation, now expensed
Excluded movements in debtors resulting in the recognition of more / (less) income
Excluded movements in creditors resulting in the recognition of less / (more) expenditure
Re-stated results
Reconciliation of results
2023
£
2,196,924
(1,806,550)
(6,513)
1,484
385,345
2023
£
141,055
(2,905)
2,292
1,095
141,537
2022
£
2,055,869
(1,803,645)
(8,805)
389
243,808

Page 10