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**==> picture [414 x 177] intentionally omitted <==**



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|ReferenceandAdministrativedetails|1|
|---|---|
|Structure, Governance andManagement|2|
|ObjectivesandActivities|3-5|
|Achievements andPerformance|5-8|
|FinancialReview|8-10|
|lndependent examiner'sreport tothetrustees|'11|
|Statementoffinancialactivities|12|
|Balance sheet|13|
|Notes to thefinancialstatements|14-22|





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|Registered charitYname|Horfield BaptistChurch|
|---|---|
|Charitynumber|1126706|
|Registered address|160aGloucesterRoad|
||Bristol|
||BS7 8NT|
|Trustees|RevSarah Phillpot(PastoQ|
||MrsChristineBrown|
||MrsEstherNewman|
|Property Trustees|The BaptistUnionCorporationLimited|
||BaptistHouse|
||129 Broadway|
||Didcot|
||OxfordshireOXl1BRT|
|lndependent Examiner|AnthonyJ FacciniAccountants|
||HatterHouse|
||AbbotsfordClose|
||Woking|
||SurreyGU227BJ|
|Bankers|Co-operative BankPLC|
||P.O^Box250 DelfHouse|
||Southway,|
||Skelmersdale|
||WN86WT|





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|LeprosyMission|[187.50|
|---|---|
|OperationAgri|1242.54|
|Sixty One|L212,50|
||TOTALf673.75|
|Plus||
|BMS BirthdayScheme|[329.6|
|HomeMission|t1,500|
|BMS|f1500|



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|||||A[||||Yearto|Yearto|
|---|---|---|---|---|---|---|---|---|---|
|Notes UnrestdetedDesignate||||Restricted||Endowment||Dec.2023|Dec.2022|
|lncomingresources|||tEt||||e||L|
|Voluntary income<br>lnvestmentincome|2<br>3||50,4M<br>7,709|6,1|63|||56,567<br>7,709|53,778<br>1,317|
|lncoming resources||||||||||
|from charitable||||||||||
|activities|4||20,031|||||20,031|29,451|
|Other incoming resources||||||||l||
|Total incoming resources|||78,144|6,'163|||<br>-|84,30783,546||
|Resources expended||||||||||
|Charitableactivities|5||72,669|1,646||||74,315|79,657|
|Governancecosts 1(g)|||600|||||600|605|
|Pension Liability lnterest|||||||||329|
|NewChurchBuildingfees|||47,455|||||47,455|22,525|
|Total resourcesexpen|6|120,724-||1,646||||Q2.37A103,116||
|Netoperatingincome/(expenditure)<br>beforetransfers<br>(42,580)||||4,517||||(38,063)(1s,570)||
|Fundsreceivedfrom||||||||||
|sale of propertyheld<br>inTrust|||52,024|169,790||||221,814||
|Gross transfers<br>betweenfunds<br>1*17|||<br>(575)||575|||||
|Netincome/(expenditure)for|||the|||||||
|year & endowment movements||||||||||
|Purchaseof160a||||||||||
|GloucesterRoad|19||||||800,000800,000|||
|Saleof 279||||||||||
|GloucesterRoad||||||(5,499,141)(5,499,141)||||
|Revaluationof||||||||||
|depreciation,fixtures<br>andfittings.|||||||9,000|<br>9,000||
|Other recognised||||||||||
|gains/(losses)on||||||||||
|defined benefit||||||||||
|pension schemes<br>(acluarial)|18||||||||15,437|
|NetmovementinFunds|||8,869|174,882||(4,690,141)(4,506,390)|||(4,133)|
|Fundsbrought forward|||80,5396,7954,3g0|||5,g4g,141||S,g+O,ASS|5,944,988|
|Funds carriedforward|||89,4086,795|179,262|||1,159,000|1,434,465|5,940,955|





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|YEARENDED3{DECEM|BER 20.2|3||||
|---|---|---|---|---|---|
||Notes|2023<br>f,|2023<br>€|2022<br>€|2022<br>t|
|TangibleFixedAssets|10||1,159,000||5,851,361|
|CurrentAssets||||||
|Debtors|44tt|5,670||2.736||
|Bank&cash|12|100,996||91,963||
|BaptistUnionTrust Account|19|169,790||||
|||276,456||94,699||
|Current Liabilities||||||
|Creditors:amounts fallingdr|13|||5205||
|NetCurrent Assets|||275,465||89,494|
|DeferredLiabilities(Pension)||||||
|Creditors:amounts fallingdu|18||||0|
|NetAssets|||1,434,465||5940,855|
|CharitableFunds||||||
|Endowment|14||1,159,000||5.U9,141|
|Restricted|15||9,472||4,380|
|Restricted BaptistUnion Trus|19||169,790|||
|Designated|16||6,795||6 795|
|Unrestricted|17||89,408||80.539|
||||1,434,465||5 940,855|





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|amount after any trade discounts or amount advancedby<br>cashorother consideration expected to be received.|amount after any trade discounts or amount advancedby<br>cashorother consideration expected to be received.|thecharitySubsequentlyt|thecharitySubsequentlyt|hey are measllredat the|
|---|---|---|---|---|
|2.VoluntaryIncomeUnrestricted<br>t<br>Designated<br>€f€||RestrictedEndowment||YeartoYearto<br>IlecAI23Drp?d,n<br>€€|
|35,034<br>6,452<br>2,918<br>Offerings<br>GiftAid&VAT refunds<br>Donations etc||,uo<br>5 030||35,03436,085<br>6,6029,426<br>7,W<br>7,195|
|Grants||||-<br>116|
|6,000<br>Raisedforother causes<br>Legacies||983||6,(XX)<br>983<br>956|
|50,404|-|6163||565515-.1r78|
|3.Investment lncome<br>Banketc interest<br>Unrestric{edDesignated<br>€8<br>7,709||RstuietedEndownent<br>€||Yerb<br>W,M<br>t,,ry<br>Yerb<br>b,M,<br>C<br>1,317|
|ManseRental<br>7,709|||-|7,7W1,317|
|4.lncomingresourcesfrom charitable activities<br>Fund-raisingEvents-BuildingFund||||-76|
|Miscellaneous lncome|||||
|Other activity(ArtTrail)<br>1,120<br>Rentreceivable:Churchrooms18,91'1<br>20,031<br>5.Costsofactivities<br>infuftheranceofthe|charity's|objectives|-|1,120985<br>18,91i<br>27,3gO<br>20,03128,451|
|32,684<br>10,517<br>Ministry<br>Mission||sB3|-|<br>??:33f't:,231|
|Establishment<br>75,042|-|605|-|75,64757,570|
|118,243||'t,588||119,83198,466|





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|YEARENDED3{DEG|EMBER 20|.23|||||
|---|---|---|---|---|---|---|
|||Gharitable|Grant|Support|Yearto|Yearto|
|6.Totalresources expended||activities|Funding|Costs|Dec 2023|Dec2022|
|Ministry||32,684|||32,684|34,604|
|Mission||12,203||4,579|16,782|9,794|
|Establishment(Water Rates;Cleaning||76,019|||76,0'19|57,031|
|Depreciation/Reval uation||||toiaol|(6,780)|539|
|Governance costs (Accountant)||120,906-||600<br>(1,601)|600<br>605<br>119,305102,573||
|7.Grants payable|Unrestricted|Designated|Restric'tedEndoument||Yearto<br>Dec 2023|Yearto<br>Dec2022|
|BUGB HomeMission|1,500||||1,500|'1,500|
|BMSWorldMission<br>Other grants(under€1|1,500<br>983<br>3,000-983-3,983||||1,500<br>983|1,500<br>891<br>3,891|
|8.Support costs<br>Other administrativecosts|(1,601)||||(1,601)|4,107|
||(1,601)||||(1,601)|4,107|
|||||Yearto||Yearto|
|9.Staffcostsand Trustee|expenses|||Dec 2023||Dec 2022|
|Salaries & Stipends||||34.459||39,998|
|Social security costs|||||||
|Pensioncosts||||4136||5,188|
|||||38,595||45,186|



|MinistersP-en:ionf|||||
|---|---|---|---|---|
|:y,,<br>10.Tangible Fixed<br>Cost orValuation|Assets|rreehoio<br>Property<br>I|'Fixiures, Fittings<br>and Equipment<br>E|Total'^'<br>t.|
|Asat1stJanuary2O23||5,881,567|32,426|5913993|
|Additions/Disposals||800,000|(22,426)|777574|
|Disposals||(5,531,567)||(s,531,567)|
|Asat31st December 2023||1,150,000|10,000|1.160.000|
|Depreciation|||||
|At1stJanuary2023|||30,206|30,206|
|Charge for the year|||1,000|'1,000|
|On Disposals|||(30,206)|(30,206)|
|Asat31st December 2023<br>NetBookValueat31 December20231,150,000|||1,000<br>9,000|1,000<br>1,159,000|
||at31 December20225,881,567||2,220|5,883,787|





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|<br>'10.Tangible Fixed AssetsCtd.../||||||
|---|---|---|---|---|---|
|Freehold Property|Date|Valuation|||lnsured<br>Value|
|Church buildings at GloucesterRoad<br>Manse,29 Ramsey Road, Horfield BS7OJF|2023<br> 2019||€<br>800,000<br>350,000||f<br>4,653,000<br>290,457|
|||1|,150,000||4,943,457|
|11.Debtors||||Yearto|Yearto|
|||||Dec2023|Dec 2022|
|Tax recoverable||||960|907|
|Prepayments and other debtors||||4,710|1,875|
|||||5,670|2,782|
|{2.Bankandcash balances||||||
|CeoperativeCommunityPlusAccount||||10,701|12 547|
|Baptist UnionDepositAccount||||19,000|23AM|
|Cambridge&Counties95dayNoticeAccount||||71.078|55 798|
|Bank Float||||17|14|
|CashinPastoral and MaintenanceFloats||||200|200|
|||||100 996|91963|
|13.Creditors:amountsfallingduewithinone||year||Dec.2023|Dec.2022|
|Accruals||||991|____5205_|



|14.Endowment Funds|OllOltZOZ3|lncoming<br>Resources|Resources<br> Expended|Surplus on<br>Re\.aluatioTransfer|Surplus on<br>Re\.aluatioTransfer|llfl?lmB|llfl?lmB|
|---|---|---|---|---|---|---|---|
|||||n||||
|Endowmentfund|L849,141809,000<br>5,849,141809,000||(5,499,141)<br> (5,499,141)||-|I<br>I|L\U<br>I I I<br>l \v<br>t l ilI|
|15.Restricted Funds|0110112023|lncoming<br>resources|Resources<br>expended|GainsandTransfer<br>Lossess||31n42023||
|Future Building Projects||||||||
|Missionand OutreachFunc||5,030|(276)||||4.754|
|William Short LegacyFund<br>Specific appealsFund|1u'|492|(4e2)||||4-56|
|LeprosyMission||187|(187)|||||
|Children,Youth & Families|41||(20)||575||596|
|Coffee&Crafts<br>Flower& FellowshipFund|iru|150|(47)<br>(8)||||103<br>367|
|ProjectorFund|2,995|:|(103)||||2,892|
|BMS Birthday Scheme|455<br>3M<br>4,322 6,163||(455)<br> <br>(1,599)||575||304<br>9,472|





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|Manse Fund<br>16.DesignatedFunds01t01t2023ll::il:g<br>E€f,<br>6,795|Manse Fund<br>16.DesignatedFunds01t01t2023ll::il:g<br>E€f,<br>6,795|Manse Fund<br>16.DesignatedFunds01t01t2023ll::il:g<br>E€f,<br>6,795|Er#ffi|Transfers<br>€|11 11 i'1^.|
|---|---|---|---|---|---|
|||_||||
||6,795||||A]Ctr|
|17.Analysisofnetassetsbyfund||Fixed asset<br>€|Current<br>Assets<br>€|Deferred<br>Liabilities<br>€|Total<br>t|
|Endowment Funds||1,159,000|||1,159,000|
|RestrictedFunds|||9,472||9,472|
|BaptistUnionTrust|||169 790||169,790|
|DesignatedFunds|||6,795||6,795|
|UnrestrictedFunds|||89.408||89.408|
|||159,000|275,465||1 434465|





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|arrangementofthe buildings exchange were deducted from the sal|eproceeds.|
|---|---|
||2023t|
|Cash received and placedinthe BaptistUnionTrust|221,814|
|Feesincurred in 2023|-40,787|
|Fees paid in2O22claimed||
|from trust fundin2023|-14,964|
|Returnedfeesin 2023|3,727|
||169.790|



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|||169.790|
|---|---|---|
|rustin2023|||
|June|1323||
|September|1336||
|December|1086||
||3745|3,745|



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|Othercosts incurred||
|---|---|
|Moving Costs|4,696|
|Repayment of Grantreceivedfrom WestofEnglandBaptist Associatir|5,689|
|Architectsandother fees|40,787|
|Lessfeesreturned|-3,727|
||4?445|





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