PARK ROAD BAPTIST CHURCH
ACCOUNTS
FOR THE YEAR ENDED 31 DEceM8ER 2023

PARK ROAD WTIST CHURCH
LE13AL AND AIXNI8TIIATNE INFORMATK
1128471
R•vd. M** IW (Mlnl•l•n
P•tw Hunt IS•tt•twl
C•rol Llld• rrf••w•rl
H#nnth Ciwk
Ric*wd Cl•*
Dug 8•nn
Hll•ry Hill
NO9￿ PAU¢
Rlch•NI P¥thryth
P•t•r Sh•Sdii¢k
Llnd•
Lyd1• Wlty)n
P•rk R¢•d e•plrt CttL¥th & C
P•rk Ro*J
Ru•hd
Prfn¢lp•l Addrn••:
NNIO
2 Coll•g• Slrn•t
Hwh•m Fw•rn
Notth•nts
NNIO 8DZ
•nk•rn:
HSBC B•ik
Hlgh Slr¥t
Rushd•n
NN10 ONP

PARK ROAD BAPTIST CHURCH
ACCOUNTS
FOR THE YEAR ENDED 310ECEMBER 2023
INDEX
Pago
Trustees, report
Independent examiners report
Staterwnl of Financial Activit
Balance Sheet
Notes to the Flnancial Ststements
7-13

PARK ROAD BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Tru8lees present their report with the accounts of the Park Road Baptist Church1thg"church' or the'charitn for
the year ended 31 D•¢èmber 2023. The accounts havè been prepared on a Receipts and Payments basis in accordanee
wth accounting polirAes 8tr1 OLrt in tho notes to the aco)uftls and (x)mply wth the Charitys trust deed and th• Charbties
Act 2011. Although not ￿quIred lo do so as a Chanty which used the Receipts 8nd Paymants basis, the accounts also
comply with the wulremonts ol the AcLounting and Chorrtig$ Stgt8ment of Reo)mmended Pradcg1$gwnd edrticnl #nd
Financial R•porting Standard FRS 102.
R•fer•nce and Adrnlnl•trotl￿ Inforni•tlon
The Tru$tee$ dudng th8 ￿riod We￿ as follo￿..-
Peter Hunt ISecret8ry1
Carol Little ￿reasurer)
Hannah Clark from M8rc*
Richard Clath until March
Doug Benn
Hilary Hill
Nigel Munday
Richard Papwort
Peter Sheldrick untll March
Lindg William$
Lydkq WThl8on
The trustees are Ihts elected dlocono1•. El•ctlon8 tsk6 ple￿ In M8fch •n¢J henc• $om• tru8tees have not 8•Th•d for th•
full a¢￿UntIng year.
Th•1•od•rnhlp team al80 included th• folfvlng gmployet8:.
Revd Mark Du99an IMini81erl
The Minl$l&r, Revd Mark Duggan, w88 al$0 o Tru8lee and called to lead the chLtrch In prnoching and wor8hlp and
wa8 respon$lble for pastoral care. mlsslon 8nd o118spects ol church life.
StTu¢tur• Gov•rn•n¢• and M•nag•m•nt
The Charfty regl8lerfjd with the Charity Comml88lon durlng 2CD8.
Induetlon •nd Trnlnlng of Tru•t•
Should thè trxi8ling TNsle•s ¢on8lder tt neces88ry lo appoint fvrthor Trustees. they would en8ur• that adequate training
was providod and th8t 8ny candidate would have the rgquirad 8klllB in management and planning and wosjld hav&
empathy for the Object￿•8 of the Charity.
Obl•ctlvM •nd ActlvlY••
The principal activities of the Chartty are.'-
81 the advan￿ment of the Christian faith ar£ordlng to th& prfndples of the B•pli$l Denomlnatlon,.
bl advance edu¢*'on and e•ry oul other chorftable purp08e8 In th& Unll•d Kingdom 8n(Vor other parts ofthe wodd.,
cl fac¢litale the development of Children and young people 8nd provlde ¥uppgrt for the eldety.,
dl provide bulldings and facilities lor cornrnunity events,.
•) to do such other thing8 that ale ¢h8ritgbl¢ in law as deleminad, from lime to Um8. by the Tru81e•8.
Flx•d AM•ts
Any change8 in fixed 88881$ during the year are sel out In tho notes to the acoJunl8.
Rlsk Poll¢y
Exlemal risks trxi$l relating to new rnembers and volunlegrs, as wdl as funding Irom grants. don8tlon$ and fijnd rnising.
New Trustees undertake training in all prfxedures to mitigate risks.
Internal risks are also mitsgaled by training, but also strict adherence lo the wl8s 8pplicable lo the church.
Poge I

PARK ROAD 8APTIST CHURCH
REPORT OF THE TRUSTEES ICONfDI
FOR THE YEAR ENDED 31 DECEMBER 2023
FSnanclal Revl•w
Th8 Trustees are satlsfied wlth the results for thè perfod, paitularfy in light oflhe current economlc dim818. and the
gen8r81 In￿me and #X￿ndItUre ended Ihe yoarwith ¥ $UfpIu$.
The 2023 attouftls have been prepared on a Receipts and Paymen18 b8SI8.
The Gift Aid lor 2022 of £19.335.5S received in February 2023, is r8cord8d in th• 2023 acrthints.
The Trust8e8 will continue to monitor th¥ porfO￿AnCe Oft￿ Charfty and ¥xeruse re8pon8ibl8 $teward8hip over it8
f88011rce8.
Fund R•lolng
Church members eleded to 88The the c4Jmmunity with fr8t 6vent8 in 2023.
Church run communlty grou
Three groups wer& njn during 2023 by lh• ¢hurch lor th• communlty; th• StKom• gnd •xp8ndlture acrAJunts for eath of
th8s8 groups was accounted for independgntty and audilgd by our Int•mal Auditor, Richgrd Clo￿.
Sunbfjom$. Crafting kngal$ and Park Road LadK•$ Group.
Prfnclpal Fundlng 8ourc••
Th• thurch ha8 thrm prlndpgl •ourc•8 of Income, nam•ly'.
Weekly, monlhty antj annu¥l offering$ given by m•mber8 of Ihe ts)ngregalion and vi811or8. rhfj￿ monl•s
lotall¢d £90,610.68 In 2023, This 16 an incr&88e of£8,104.C6 on the prwitsus year or 9.8%.
This in¢orne 18 U8ed primarfly to fund the rK>Bt ol a full tlme Bapt18t Mlnister, a part.tlme Youth Worker and an
f8mily wother. The co81 of stipend. 8alarie8. pension and Nl in 2023 wa8 £40,530.80.
Part of this incom& 18 u8gd for gdmlnl8tr011gn co818, to poy cl•8ner8 all U￿lty blll8 of t￿ church as w91141
the cost of repairing and maintaining thè all pr8m1888.
This income is also u$gd to fvnd youth antj children'i work, ev•nt8 for th• elderfy. misskin donallon8 and to
$upport communty ovenls and ch8rttl&8.
Incom¥ from the use ol our pr•mi8e8 to ext•m•l ¢i>mmunty group8. Includlng ch•rttl88 gnd non-profll maklng
organi$8ty'on$ and from interest. This income lotslled £9,203 durlng 2023. This income 1$ used lo p8y
cleaners, help Ihtr cost ol rep8iring and m8int•ining the premises, healing and lighting co$l8.
Duin8llons and fund falslng for general u8& by the church and for 8peafic charity and communlty prolgcts. Th18
money lolalled £8.580.73 during 2023 and £9,801.21 waB used in 2023 for the puipos8& 8pecrfied, 6ome of
this being glft aid from the 2022 giving recolved In 2023,
d. Grants and gift3 given lo the church foi 8perAfic uses. This money tolalled £300.C() In 2023. £498.88 wa6 u8•d
n 2023. the difference being taken from the Sums from the previou8 year.
Page 2

PARK ROAD BAPTIST CHURCH
REPORT OF THE TRUSTEES ICONTDI
FOR THE YEAR ENDED 31 DECEMBER 2023
R•lat•d charftl
The custodian Tru8le¥ of the churc** 1$ the Bapt181 Union Coiporalion Llmlled, which holds the deed$ lo Ihe churc4),' the
Man88s, 74 Park R￿d. and 110 Glou¢•ster Crescent, Ru8lKten,' and the Inve81menl 0888ts in nots 8.
Tho inv8stment a￿19 h8ld by the Baptist Union Corporation Limtt•d or• for the reslricAed purpose ol funding building
developmonl.
Ststsm•nt olTru•t•M' RMpon•lbllbU••
The Tru81e¢$ ara re8ponsibl8 ft*r preparing the Tru8tees' Rewrt and the finan081 $t8t8ments in ac¢ord8nce with
applicable18w and the Untted Klngdom Accounting Stsnd8fd8 induding Finand81 Rwrting Slandafd 102 Iunlled
Kingdom G¥n&rally A￿apt¥d Accounting Proclul.
TM l•w oppllcable lo chartl•8 In Engl8rK4 8nd Wal68 requlrno t￿ TfU81888 to prgpare ffinancl•l ststements for •ach
fin8ncial yaar which gfv• e tru& and falr vlew of the stsl• of affair8 01 the Chgdty gnd of th• incoming reBoufcfj8 ond
appllcats.on of rgsources of the Charity lor Ihol perlod. In preparing IhoBe ffinan¢lal 8tatements th• truste86 ar• roquired
select 8uft8ble aCLounllng policleB and apply them con811t*nlly.'
ob8erve th• methods 8nd principle8 in th• Charflies SORP..
make judg¥ment8 and •8tlmat86 that arn rea8on8ble 8nd pwdent.,
Stale wh•thor oppllcgbl• accountlng stondaTd8 h•v• follthved $ublect lo any d8partur•s dl8do8ed and
èxplained In the accounts,,
Prepare the accoun18 on the golng conc•m baBI8 unlo•• In&pproprfat• to 8B8umtr that the Chortty wlll
rAJnUnue In oper8ti0n.
Tho Tru8le•$ ore respon8ibl¥ for keeping proper accounllng record8 Ihal dlscSoBo wtth rea8on8ble accur8Cy gt any limo
the fin8ncl•l p081tion of th• Charty and •nable Ihern lo •n8ur• that th8 finan￿•1 8tatemen18 Comply with the Charities
Act 2011 and tru6t do•d.
They are al80 respon8ible for 8al•guarding th• o$80ts ofth• Charfty and hon￿ for t•klng roaaon•bl• 8tOPB for th•
pr•vention and ￿￿ectIOn of fraud And other irrggularities.
Approved by th• Tru8t8e8 on Monday March 18. 2024 and ￿gned ori thoir be￿￿ by..
Carol LRtle (fr•88uTerl
P•t•r Hunt {Secrel8ry1
Pgrk Road Bapllst Church
Park Road
Rushden
Northants
NN10 OLH
Page 3

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PARK ROAD BAPTIST CHURCH
We rekX)rt to Ihtr truste98 on our ex8minalion of the accounts of Park Road Baptist Church {Ih&'ChadWI for
the year ended 31 December 2023.
R￿￿ctIve Ro•pon•lb115tl•• of Tru•tte• ind Examln
Th8 Charity's Iwsleos 8r8 responsibl$ lor th• pr&pgralion of tho a¢counls. Tho Chanly'$ liustèès consider that
on audit is not requirod foi this yoar under sect*on 144121 of the Charflles A￿ 2011 Ilhe 2011 Adl and that an
indep8nd8nt axamination 1$ ngèd•d.
It 18 our rasponsiblllty to".
Examine the a¢¢oun15 undor 8èction 145 of the 2011 Act.,
Follow tho procedureslgid down in thg General Dirgcli¢)n$ given by th¥ Charity Commission under
section 145{Sllbl of the 2011 Act". 8nd
Slate whether paTb'Gular matters have come to our attention.
Ba•5• of Ind•p•nd•nt Examln•rf• Report
Our examln81ion w88 carried out in 8e£ordance with th8 Gener81 Directions glven by the Charity Commissloners.
An •x8mlnalion includes a review ol the accounting rècords kept by the Charity and a comparison ol th
accounts presenle(I wilh those r8cord$. It also indudes conbideration ol any unusual item8 or disdosures In the
accounts and Seèklng trxpl8nalions from you a8 Iru8le88 concerning 6uch matters The proceduros undertaken
do not provide all the evidence Ihat would be required in an audit, and consequently we do not e¥pre8S 8n audit
opinion on the view given by the ?￿oUnt$.
Ind•p•nd•nt Examln•rf• Sl•t•m•nt
We have completed our èx8mination. Wo confim that no mater181 m8tt•rs havo come lo our 8tt•nllon In conn¥¢tion
with the examination which givos us ￿U6¢ to bolieve th81 in, any mèlerial re8P•¢t'.
the 8ccounllng record8 were not kept in accordance with 8ection 130 of the 2011 Acl,. or
the a¢￿unt$ di¢J not accord with the 8ecounling re¢ord6 and comply with the accounting re¢ord$', or
the gccounts did not comply with the gpplicable r8quirgmenls concerning the lorm and content of
gccounts s•1 out in thè Ch8ritlos IAccounts and RoPQrtsl Ro9ulations 2008 oth&r than any requirement
that the acLountS 9ivo 8.tsue and fairf vlew which is not a matter con81defed a8 Part ol an independent
examlnatlon.
We hove no ooncern8 and have com• across no olhef matt•r8 in COnne￿10n with tho ex8mln8lion lo whlch
8ttention 8houl(J be drawn in th*$ r•port In order to gnable 8 Pfopgr understanding of the Accounts to be
reached.
Mcshano Wright Ch8rter8d Certifl8d Ac¢ountant8
2 College Street Higham
Feryers Northants
NN10 8D2
Date 3 May 2024
Page 4

PARK ROAD BAPTIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
RECEIPTS AND PAYMENTS GENERAL ACCOUNT
Unrn•trlct•d
Totsl
Totsl
Valuntsry
D••1
nated
G•n•rnl
Re•trtct•d
2023
2022
INCOMING RESOURCES:
Voluntsry Income
W¢&kly offerings
Donation8 ond gifts
Grant8 rteewabl&
Income tsx re¢over•d
Mlscallanoou8 in¢om•
.392.45
24,744.CKI
90.392.45
35.404 95
82,508.62
4.628.90
8.238.95
3￿.{￿)
235.50
2.422 C
19,1C(1.05
3.745.80
19,335.55
3,745.80
18,954.19
2,886.55
InvMtm•nt In¢om•
11,¥))S.99
228.31
423.74
12.558.04
10,838.72
Actlvltle• for q•n•r•tlng lund•
Fundraising
21ivl
78.79
341.95
420.74
J.41
Oth•r Incomlng r••ourc
21vl
2,076.00
1.505.00
3,581.
2,453,88
Tol•l IrKomlnp rn•our¢
162 043.OB
10 849.71
166 738.53
123 099.07
RESOURCES EXPENDED
Co8t$ of charitabl• 8th111g8
311)
109,010.55
23.580.05
11,491.13
144,081.73
109.380.05
Totsl mourcm •xp•nd•d
109 010.$5
23 580.05
11491.13
144 081.73
109 380.oj
N•t In¢omlnglloutgdng1
r••ourcM ￿tOre tron•f•r•
Tr•n•f•r• b•tw••n fund•
43,032.53
{12,730.341
38.17
18.645.391
8 128.17
21,658.80
13.719.02
N•t In¢omlnglloutgolng1 rn•oure
Total fund• brought forward
R•v•luaUon uptum
34,942.53
10,488,175.S4
58 791.00
112,7e6.511
17.864.60
1519.221
21,656.80
86.082.89 10.591,123.03
58 791.00
20,108.41
9,355,499.60
1020 982.00
Total lund• urrl•d forwnrd
10 581909.07
84 Y83.67 10 671570.83
0 591123.03
Th8 notes on pages 8 to 13 form part of th088 a¢￿Unts.
Page S

PARK IIOAD WTIST CHUIRCH
MOTES TO THÉ ACCOUNTS
FOR ThE YEAR ENDED 31 DECEMBER 2023
BALANCE SIIEET
2023
2022
Fl¥•d
TangK*le fixed a8Mts
10.5S9.883.ts)
10,fjIX>.092 00
10.W.883.C
10,5CQ.092.00
Cury•nt ••uts
Caih •1 bank
151 CB561
1151.095 51
138,484 15
Curr•nt LIMbllltl••
LoAn Irom 8U lor 110 Gknwt•r Av•
407,88
47.453.12
112.887.83
91 031.03
Tot•1 cuM¢ii Il•blll¢lw
10,871,570.83
10 591.123.03
InGom• fvnd•
S,LW C6
84,883.07
17,efA,80
85.082,89
R•¥*u•lw ￿1rn & purthu
G•n•r•i ￿nd
a8.791.00
10 523 118,07
1,020,982.CO
9 467 193.54
io
10.561909.07
10488.175.54
TOTAL FUP40S
10,871 S70.83
10 S91 123.03
T￿ aetounts wfjro Ipprovod by the Tru•te•8 on 27th M•rch 2023 and 81gn•d on th•ir b8h4lf ty..
C Llttl•
Tr••sur•r
P Hunt
S•cr•tary
Th• not•1 on pw 8 to 13 p•rt ol theea ￿￿UnIt.
Page 6

PARK ROAD BAPTIST CHURCH
MOTES TO ThE ACCOUNTS
FOR ThE YEAR ENDED 31 OECEII8ER 2023
A¢¢ounllry pollcl••
lluit d••d •fvJ lh• Ch•rllbts Ad 2011. not requlr•d to th) Ks AJ • th•rty RK•lpt• and
Paym•nty bmkn. th• Tru•t•88 h•¥d ¢hoMn ￿ comth wlth th• r•qulf•n*rts olth• fv£coJntlrva aeKI Ch•
13•n•rnl lund•
R••trfct•d fund•
al Uw of gfft8 T•￿fjd for
bl Sp•dk lurKI T•hlrYd w•rts. ThM• ￿[• up •p•dk
I C•pA•l •xpw)dlfLK• Truil Fund •awii hold by 8•Ohl Unkn Coryxwth.
Volurrt*ry d••lgn•t•d fun
•> R•••fw Kwjnt. w•1 lommd M • trKsklng •ets)urrt tr￿nds forth8 kwn•MI *ttwnt.
bl W•ff4r• •c*xxmt. fimd ftym•d lortA*l•r• alft• to Iho•• in n••d ￿ tr• l•miki.
cl R•p•lr• •c¢trJnt. Th1• fimd w•8 loTrn•J In 2017 for u•• of th• r•p•lr oltha prwlw• at P•rt Ro•d.
dl M•n8• th))Xbnt. Thi• fvnd w•1 fomwd In 2022 fiy ol Ih ryjlr ￿ th• m•nw.
l• r•c4nl••d on • b••k• •nd l• d*ny r•lthd •Mp￿dtt￿Y•.
Fundf•iwrg IroTh of rnl•t•d •xp•ndltw•
Inv••lrnrt 1ft￿m• b•nk Ini•r••l and dfr4ha•nd• r•¢*v•
b••ls of rt• puipoe•, •nd In •pprcylit• c•t•gory, unl•u tt h trnm•twW In th• ¢>Y3t•xl ot lh•
•I)￿ntI.
Page 7

PARK ROAD BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1 Accountlng pollce• Icontlnuedl
Flxed 48•ets and dfrprnclatlon
The ¢hurth pfymises and manse 8fe indudod in tho balance sh•et At insured value. Costs of minor 8ddilion$ to
fixed 8s8els. defined as those cosling1888 thon £S,CQO ea¢h, are expen8ed in th8 year in vthich they ￿re irKurred.
Fixture8 and fitting8 In tho churd) 8re Includ•d 81 Insurance volue bO¢gy￿ raliabla cost Information IB not avai18ble.
Inv••bx•nt a•••t*
Quole¢J inv•$lmtrnl$ ar¥ $tsl•d al ￿$18nd th•y 8r• hald by the Baptigt Union Corporation on the church's beh#¢f.
They are restricted for the purpo$o8 ol b•ing used for now buildings and bullding redevelopment projects, rather
than for g•ner8ling income.
P•n•lon co•ts
The Charity operateB è deflnod contribution wn8ion 8¢h•m• for •mploye•8. Th• •mount rocogni8ed in tho profil
and 108$ a¢¢ount 1$ #)• ￿ntrIbUtIOn mède by the Charity for ¢ortain omployee8.
Gov•rn•nc• co•ts
The8e ropre8ent dir8d &¥pondrtur¢ on th• gO¥•Man￿ ol th• church. Most of the man•g8m8nt18 ￿nI•d out
wilhoul charge by volunteers. This intsngiblo cost 1$ not Indud•d in the Slat•m•nl of Fingnaal ActNilles $lnco Ih•r•
IB no measurable cosl to Ihe volunteer8 loi Iheir 8eThiC8.
Page 8

PARK ROAD BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOMING RESOURCES
Voluntsry
00•1
n•t•d
2023
T¢t•l
2022
Totsl
Unr••trlct•d RMtrlct•d
11 ind
DongtionB
F¢Jod Parc811
M•n'$ breakfast
Ladl•8 Fellowship
24.744.
337.13
2,221.74
5.880.08
2,422.
27.503.13
2,221.74
S,880.08
2,883.67
1,727.QJ
218.23
24,744.00
35,404.95
4 828.90
SpaId￿ck Fund
300.
300.C(I
300.00
3CN).CpJ
88nk Int•r&$t recèNed
IneAJmo from inv98tmnts
U8e ol prom1￿8
man￿ Rent
1.011.99
423.74
1,435.73
228.31
3,694.OJ
1,072.C
168.08
4,198,00
5 41K¢.C
10 838.72
228.31
3,894.00
228.31
423.74
fv)
BMS
E88yfindlng wdlvpaypel
341.95
341,95
78.79
420.74
320.￿)
40.41
360.41
78.79
78.79
341.95
vl ¢>tt
Annive8ary
Sundritss
Weekend Away
W•dding61Funefal
41.00
32.00
41.00
32.00
1,505.00
623.18
1.505.00
1505.CLI
2 453.68
Page 9

PARK ROAD BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
RESOURCES EXPENDED
Voluntary
2023
2022
Unr•8tdct•d R••trlcted D￿1
n•tsd
Total
Totsl
l) Co•ts of ch•tftabl• aclMII
Mlnl•ty
Salaries and wages (Note 41
Payroll provider Stewardship
Ministerfs travel
Pulpit supplies
P8Stor81 care
Vi811ing prea¢h8r8
Manse upke&p
Loan Inte￿8t
40,530.80
592.QJ
250 85
242.CXJ
84.03
40.530 80
592.1)J
250.65
242.1)J
6403
35.426.27
550.80
155.C*J
291.28
148.42
140.C#)
11,415.87
2 235.16
50 362.80
8,478.C6
3.154.58
51332.10
11,290.94
10,513.55
28,282.55
3 154.56
73 138,59
11.290,94
10 513.55
Youth work goneral
Youth worker $8Jgrie$
Outreach
Given to other c8uIo8 Nol• 3{11)
Men's breakfast
392.87
8.791.08
14949
235.62
777.78
8.79108
349.39
18.221.31
1,723.48
8,216.04
145.91
tO.183.00
349.39
6,551.31
9,870.00
18 967.97
7 055.24
235.82
28 256.83
20 268.43
È•t*bll•hm•nt
Cleaning ¢ontracl
Cloaning materials
Equipment
Health ènd 8of•ty
In8urnnc
Ltghting and hoatlng
Rep8ir8 and maintenanr
Water
11,942.T7
230 13
143.78
246.45
7.468.13
12.444.57
11,942.77
230.13
143.78
246.45
7,468.13
12,444.57
741,98
699.30
33 917,09
9,411.84
401,83
2,630,85
403 92
8,807.82
3,413.49
4.724.38
555.25
30.149.38
741.9B
699.30
33 175.13
741.98
Advertising
Anniversary Promotion
Catering expenses
Conlerences & meeting attondance
Copyright licéncè
08S ICR81 ch•d(8
Food Parc818
Mlscellaneou8
Ofg8nlpiano lunlng
Prfnting, postage and 8tgtionery
Professional f8881bank charge8
Subscripts'on8
Telephone
Tr8ining
Website ￿neW81
438.54
438.54
1,852.62
426.81
10.
1,103.28
418.22
445.crfj
1,188.10
418.22
1,831.29
1,188.10
1,388.29
3.307.58
3,307.58
18.00
802,C#)
314.61
905.$3
681.0)
614.88
177.50
34.17
2,409.13
2,25
348.00
319.73
879.92
645.50
18.00
282.C
314.61
905.53
881.C
614.88
177.50
34.17
540.00
183.25
174.87
8 599.64
5 233.87
Tolal cost of charitable actsviti08
109 010 55 23 580.05
11491.13
144 081.73
109.380.OS
Page 10

PARK ROAD BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
RESOURCES EXPENDED
ill Co•t of CharfIab￿ ActlvltS•
GI￿￿ to oth•r ￿u•￿.
BMS
HMF
Illuminate Misslon
Oth•r
Voluntarfty
D••lgn•t•d
2023
2022
Unrn•trlcted R••trlct
4,830.00
33S.C
4,840.00
Total
S,185.00
4,840.00
5,680.08
536.23
16 221.31
Totsl
5,020.fJ)
4,590.00
S,880.08
536 23
8 551.31
573.00
10 18300
9,070.C
Voluntaflly
D••lgnat•d
2023
Total
2022
Tot•1
Supportl•tsff eo•i•
Unr••trlct•d R••trfct•d
Mini8tor8 $lip8nd
Family Work•r Wo998
Pen$bn contslbullon
Natlonol in8urnnc•
28,532.04
4,416.88
4,499.70
3 082,40
28,532.04
4,416.66
4,499.70
3.082.40
40 530.80
28.665.56
6,199.31
2,581.40
35 428 27
Th• numhr of p•r80n8 omploy8d by th• church during t￿ y••r WA8 gs follM.'-
2023
No.
2022
No.
charttsb￿ acttvttl•8, fund Talsing ond publlc relallon•. 8nd #dminl8lrntlon
Full-time
Part-time
Total employ••B
Nonwmon•tsry •M•ts hold:
Held for church'8 own u8e'.
Church premI8e8 9t Path R04d
M8nse at 74 Park Rood
M#n$& at 110 Glouc•$t•r Avenue
FlxtureJ, fvmrture, 8quipm¥nt and org8n with An In8ured v8lug of..
2023
2022
8,952,847.51
341,455.51
258,581.23
1.CQ5,200.
£ 10 558,883.00
8,899,252.t))
339,419 Cp)
257,039.cx)
9Cfj,496.00
£10 SCQ 092.C#)
All of tho fixed as8el8 are used for dired charil8bl¢ purposes and 8r¢
sf¢own 8t the lale$l In8ured value, figLsres al 31 Dgcember 2023 show gn
upward revaluation of
£ 58 791.IXJ
£ 180814.00
Page 11

PARK ROAD BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Bank balanco•
2023
2022
HSBC current account
Vol Reserve 8c¢ount 1 (HSBC MMI
Vol Reserve account 3 (United Trust Bank)
Vol Welfare fttnd
59,486.04
36,530.46
28,105.60
63,503.87
28.15850
82,491.88
240.68
91,609.47
90,891.06
Aceounts held by Bapti8t Union Corporth'on..
Ru8hd8n Park Ro8d 6 (Tru81 Fund alcl
11,C62.63
£ 151095.51
£ 138484 15
Loan•
Mortgoge on 110 Glourm¢•r Ave
held by the BU
Repayment8 mad•
Balan
47,453.12
9,04S.44
£ 38 407.66
58,417.96
£ 47 453.12
R••trlct•d fund•
Tho In￿Me lund8 ofthe Ch•rty include th• lollowln9 r•slrfthd funds (seè note8 ¢)n pa9￿ 8 8nd 91:.
Mov?m•nts In Fund•
In¢omlng
Outgolng
RMourc••
R••ourc
B•l*n¢￿ at I
J*nu•ry 2023
Tr•n•f•rn D•cernbor 2023
Actlvlty d¥ys
BU Trust Fund
Food parcels
Fundraising
Lgdlgs Fellow8hlp
Men'$ Brogkla8t
Organ
OulreachNouth
Weekend Away
Youth WO￿ dec. fvnd
208.51
11.C62.83
3.720.23
970.95
218.23
212.1)J
663.51
635.eo
138.71
38.17
206.51
228.31
2,457.24
8,359.16
111,29).94)
13,307.581
18.551.311
2,889.89
778.80
218.23
212.CK)
123.51
431.73
257 42
1540.DJI
1503.931
11,386.291
1.505.00
38.17
23 $80.05
Page 12

PARK ROAD 8APTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 OECEMBER 2023
O••lgnated fund•
Mov•m•nts In Fund•
Incomlng
01rtgolng
Rmourc
Rwiurc
B*l•nce• *t 1
January 2023
Balan¢M at 31
Tr•n•f•r• D•cOm￿r 2023
Youth account
Repairs Account
Mans• Acccwjnt
Rg$erv& Policy
R&8erve account 2
fare account
2.422.LWJ
1235.621
I725.￿}
110,513.55)
38,17
3.470 00
4,620.00
2,222.55
7,329 66
2,986.02
61,942.CQ
9,854.13
245.31
4,885.82
8,879.57
61,942.00
9,435.02
240.68
85 082.89
419.11
11 475.13
.128.17
10 Unr••trlct•d fund•
Mov•m•nts In Fund•
Incomlng
Outgolng
BalIn¢￿ ot 31
Ruourc•• Rmourcm Trnn•hr• G•ln•llo••M Dèc•mb•r 2023
J•nu•ry 2023
G•nernl fiJnd'.
Rwalu8llon uptum
10.488,175.54
152,043.08 (109,010.551 18,090.CW)I
10,523,118.07
58 791.00
10 488 175.54
152 04308
109 010.55
58 791.00
10 581909.07
11 An•ly•l• of n•t •M•ts b•twM•n fund•
Voluntarlly
D••lgnat•d
fund•
R••trl¢t•d
lund•
G•n•rnl lund•
T¢)tsl
Tanglbl• flxod a8Mts
Cash al b8nk'.
10,558,883.¢)0
54,387.95
7.056.76
38 407 68
10 581 920.03
0.00 10,558,883.fx)
59.486.04
91.809.47
38,407.88
84 552.71 10.671570.83
Current acLx)unl
Othr accunl8
5,098.09
84,552.71
Loan cr￿01
12. P•n•lon C￿1¥
The Charity operat•8 8 d•flnod c￿l￿￿tIon 8ehome in respect of th8 Mini8teTS. Th• lotsl o)ntributitsn8 paid during the year
were
£4,499.70
13. R•11t￿ ch*rftl
The custodian Trustee ofthe chuTth 18 the Bopllst Unlon Corporallon Limited, which18 controlled by the Bgpbsl Unitin
Coundl.
The Bapts'81 Unlon Corporation h¥¥& l•gal title lo th• ehurch premise8 Inole 51 ¥nd rts Tw81 Fund A¢¢ount Isel out in
note 618n¢J 8180 fA)nlrol over the bonk account which accounts for incoming and outgoing ￿soUrceS in relation lo these
as8el8 Iset OLrt In note 61.
The Inv88tmenl 8s80ts ore held for the mtrlct&J purp08e ofth& ￿ndIng of church building PToiect8.
The church is C•)nlrolled by the TNst¥g$ ol the Chadty. As 8 re5utt, no one indivldual OT body had conlrd overthe
church.
Page 13