Horfield Baptist Church Bristol, BS7 8NT Trustees Report and Financial Statements for year ending 31st December 2024 HORFIELD BAPTisf GHURCH MINISTER. TRUSTEES AND PROFESSIOIIALADVISERS REFERENCE AND ADMINISTRATIVE D￿AlLs Regi8tsred charity name Hotheid Baptist Chuich Charty number 1126706 Registered addr888 1608 Gloucester Rogd Bristol &87 8NT Trustees Revsarnh Phllipot IP8Storl- resigned 30 September 2024 Mrs Chfistin8 8rown- resigned 21 Aprll 2024 Mr8 Esther Newman-r881gned 21 Aprll 2024 Mrj Pamela Day- appointed 21 Aprll 2024 Mr8 Marilyn Goodw8y- appolnted 21 Aprll 2024 Mr8 Chr18tine Shrlnwton- 8ppointad 21 April 2024 Property Tru8tee8 The 8aptlst Unlon Corpor8tlon Umltad 88pliyt House 129 Broadway Didcot Oxford8hire OX11 BRT Ind8p8nd6nt Ex8mlner Mark A Symonds FCCA 4 Nlghtingale Crescent West Hor31ey Surrey Kf24 6PD 88nker8 Co-operatlve 88nk PLC P.0. Box 250 Delf House Southway Skelmer8dale WN8 6NIT HORFIELD BAPTIST CHURCH TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2024 The truslee8 present their report and the unaudlted financial 8tst8ments otthe charltyforthe year ended 31 December 2024. srRUCTURE. GOVERNANCE AND MANAGEMENT G￿rnI￿ dooumont The origlnal governing document, a deed of trust. W8s drawn up In 1892 by founder members, the original having been lodged with the 88Ptlst Unlon c￿pOratIon. A naw constitution w88 drawn up dated 14 October2008 in tine with Baptlst Unlon guld8iln88 and has been lodged bmth the Charity Commission. A siitht amendment to this con8titLrtion was drawn up and 8pproved in Merch 2020 and the Charity Commig¥lon notlfl8d. M8mb8rs of the Church ara 8ccepted in accordgnce with the COn￿￿tUtIOn which normglly require8 them to have been publlcly baptlsed on the profe881on otf8ith in Je8us Chrlst Of. tollowlng other mode8 of b8Pti8m, to renewthelf publlc profession ol tslth In Jesu3 Christ. The membere. meetlng normauy take8 place ten tlmes pef year and h88 r08pon$lblltyfor the over811 policy o1th8 Church. in accordance vath the constltution. daacon8 were elected from among the membershlp of the Church and. for ihelr tlmé of s8rvl¢8 were ¢on¥ideTed tru3t888. Under the amended constitution. elderg are now elected from among the rnember8hlp ot the ChurGh lin place of deacons) and. for their tlme of Service are ¢onsldefed trustees. Deacon8 or 8ldeis ere responslbie under God, vAth Ihe Past￿. foi the pastoral le8dershlp ofthe Ch￿￿h. All members are eneoura88d 8nd expe¢ted to take an appropriet8 part In the spirltual 8nd pr8¢tlcal t8sks involved In the lurthefance of the ¢haritable objectlve. The tharity Is controlled bylts 8rNèrnin8 docurngnt 8nd constltut08 an unlneoiporatsd ¢h8rlty, Ch•TIty •t•tu• Hortield 8eptlst ChU￿h, 160a Gloucester Ro8d. 8rl8tol, 8S7 8NT18 o re8i8t8rnd charity under the ch8rltS98 Act 1993. The church rwsternd as 8 cherityon 13 November 2008. The Church own8 one hou8e. 29 R8mw R08d. Horfield. Bristol BS7 OJF, vthlch w08 occupled 88 8 man89 by the pastor tor the duratlon ot h8r 8ppolntment, the deed8 beln8 held ty the We8t of England Baptl8t As8ociat40n Incorporated. OBJECTIVES AND ACTNMES PURPOSE OFTHE CHARrrY The princip81 purpose of the charfty 1$ the advancement of the Christian falth accoffling to the principles of the Baptist denomination to include the ath8ncement of edu¢8tion. community 8eNi¢e and 3uch other gener81 charitable purposes in such parts of the United Kingdom and the world 88 the Church shaLI detsrmine. In orderto achieve the prinelp81 objective, which 18 ¥et out ab(yrfe. the Chur¢h provides a variety ot activities both to its membership and to the communty 8ener8Uy. The aim 18 to Show the lov8 of J88Ug Christ in both w￿d 8nd deed and to bring people into a closer r8iatlon8hip Ktyth Him 89 Ilvlng Lord. Wornhlp S•rvlc•• Central to the work and wltne88 of Horfield Bapti8t Church is the provlslon ofwe8kly public servlces of %wrshlp on a Sunday mornlng at 10.30am throughout tho y8arNthich ar6 open to au. There ere also o¢c8slonal services at other tlm88 which are advertlsed In tha Church notices and on the church webslte ww'iv.horliL,Iclb.ii)Iisi. nL't. Ag appropriate actlvlties for chlldren and y¢)ung people aged (kl 1 are provld8d during Sunday mornlng $8kvkes. We to be a frlendly and weLcomlng organlsatlon, 8nd au are v￿LCome to attend ary of our seplices. We will not dlacrlmlnate agoln3t arryone by vIrtU6 of 88e. race. gender, dl8abllty or Ilfestyie cholce. Hom• Group• The Church run8 0 Small numbef Ot home and study groups for the grovrth of falth and d18ciple8hlp in th8 homa8 of some mèmbor$ and on Church prem18e8. Dets118 Con be obt81ned by contadinq the ¢hur¢h ollice@hovtieldbapii¥t,nei Unltomi•d Orqanl8atlon• Rainbow8, Beavers, and Cubs all moet on th8 premises. Ladl••' and M•n'• Breald••t• For the duration of Rev Phlllpot'$ mlnlstry. Hortleld Bapti8t Church ran regular Ladles. and Men's bre8ld8sts, proAdln8 rn8ular opportunitles to meet together over a reLax&d breakfagt. 8ometlmes wlth a Short t8lkwith a Chrlstlan MO￿806. Crnfty Frlday Ladies from the Church and the wider local communty meet, U8uallyfortnightly• on Friday mornin88 to enjoy ¢raftin8, talklng and refreshments. MIMlon8 Horfield Baptist Church regularly Supports mlssion 8Ctrrfities at home 8nd abroad. We are in membership with the Baptist Union of Great 8ritsin IBUI through our local associatlon, the West of Engi8nd Bapti8t Net%wrk IWE8Nffj and devote an agreed sum each year to both Partnership in MissK)n and 8MS World Miswon amounting to approximately 10% of income. Moro is collected through Special ¢ollerAions. In addition. Hortield Baptist Church makes regU￿rtInanCIal Collections and pr￿ for mission organis8tions both locglly and nationeliy. Our pJisting mission partners 8r&the Leprosy Mission. The Matthew Tree Project. and Operation Agri. Communlty Outraaeh The Church Seeks to strengthen communty links. In 2024the Church took part In local cornmunity events such as'Bri8tol Noi3e' and decoraled its y￿ndOWS torth8 local 'WindowWonderl8nd' ement on the theme of'The Lord God M8de Them AU.. At Ea8t8r the church handed out Easter Bsscuits to possers-lw and at Chri8trno8 the communlty W83 invited to join us in our Carols ty Candlelight. N•w•i•tt The Church produces o monthly ne￿letter, distributed via email end by hand to ell vlthin ourf8llow$hip, heipingto keep members and attenders informed whh reflection8. news of torthcomlng wnt$ and ¢ontsd d8tall8. Pa•torol care The Church appoints 8 number of our member8 as PastoralWatcher8 in orderto ensure that contact Is maintained with overyone within our fellow8hip. Phone calL8 and conver8ation8 tske place regularly and pracrical help and pl￿rIS offered where appropriate, In addition, a WhatsApp prayer group onables people to sh8r8 i5su88 for preyer, se0￿.n&t0 on8ure that all membern and attondorn toel Supported. loved and cared for. in addltlon, the Church $eek8 to provkle: Mlnlsterial le8ding ond teaching to engblo the Church to fulfll itg objoctg 8nd actNltie The pastor repie3ents the Chufch to viider Locol and national secular in8tltution8 a$ required: Splrltual and mor818ducatlon lor chlldren and young p•opiefrom blrth to adulthood through our pastor. volunteer children's arKI yO￿h w)rkers and Church members; The regular support of 8 number of other ch8rftabl8 organl8atlon8, Including a local tood bank (rhe Matthew Troe Prole¢t). A safe envlronment on Chur¢h rrtomi8e8 tof both young poopLe and adults ot rt8k by the impi8m8ntation of agreed pfotsction poLici88. reguL8rly reviewed 9nd renewed. Including comptylng with guideLine8 from the BU. The support of m6mbors and 8tt8nder8 at tlmes ol ill health or personBI difflcult198 through pastoral care. visiting at home and ho8Pit81. and through prayer and listenlng. The Church premls88 8rn In use every day of the week. offewlng 8 rnn88 of facllllles and opportunlti88 open to 811 mwnber8 of the public forthe benefit ol people of different ages and backgroundy. both from within the Church membership and the Y￿der community. The chuich hall is used on a regular besis bychoirs. a numberof h881th. ex8rci88 8nd slimminggroup8. children's uniformed organigations and the local Baby Hub. supporting new parents. The haU18 popular anN)ng8tyoun8 families as a venuefor birthday parties and famity celebrations. Annually it is used by the Arts Tr8il. 8 community-ba88d group of local artists. The Church's incorne is gener8ted mostly ty the letting of I￿rnS and the voluntary grving of Church members. This income is used prlmarity in paying and accommod8tlng a minister; In maintaining itg premises. in cleanlng and heatlngthe premises to make them 9Ult8ble for constant Church and community use. and in contributing to the wider Baptist communlty both at home and abroad through the West of England 88Pti¥tAs¥ociationS Partnership in Misslon Fund and BMS World Mission. Most of the of the Church 18 SUPPOrted ty members on voluntsry basis. The Church operates Wemg to 8n8ure that 8U people v￿rkir#￿ with chlldren and vulnerable adults are appropri8teAyvetted 8ccordin8to th8 Disclosure and Barring Servlce. The Chur¢h has Tead the Charlties Commission guidance on public b8neflt and13 Satisfied th8t the activities outtined above clearly demon8tr8te thattha charity 18 providing a benefit to the public. ACHIEVEMEMfs AND PERFORMANCE FOR 2024 The Church doe8 not me88ure the 8ucce#¥ of it¥ programme8 only in numberg. Including tlnanclal number8, but aLso In 1888 tangible are88 like1gllry￿hIp. encouragement. enqagemont with the community and deepening faith. The Trusteos recogni88 that these are difficult to me88ure. Following a y8Br ot chAll8nge Mnd changefor Hortield B8Pti8t Church. m8mber8 and attender8 h8ve conilnuod being 8Ctively invol¥Td in caring for one enother 8nd intentional aboLrt keeplng In touch. 2024 might be8t be char8Ctor180d as a yearof unfofeseen chan88 during ihe church has stepped up and rl8en to the chaiiengos It ha8 faced. Durlng the flr8t half of the year. the locu8 of the chufch wa8 on contSnuingthe momentum otthe previou8 year, aattllng Into our new premises at 160a Gloucèster Road and strengthening our rel8tion8hlp8 wlthin thè communlty. Tho church ¢ontlnue(I to develop Its reiatlon$hlp8 With those hlrlng our f8cilltle$. with nw4 regular groups beginnin8 to hire the hall overthe course of iheyear. Contr8¢tors w8re 8n88ged to clean the premlses. Regu18r home group meetiw and ladles. breakfasts contlnued. 8nd our 'Cr8fty Frlday, meeting incre98ed its frequenwfrom monthlyio fortnlghtly. At our Annual Church Me8tlng In April. we honoured those trustees who had reached the end of thelr ierm of18odership and appointed new trusteeg to take on le8der8hip 8ionggide our minlst8r. In Moy, the ¢hurch once again took part in'The Noi8e'_ a range of ev8nts In North Brlstol run by churchas wantlngto show the lova of God to people. A band ofvolunteers from the church r8n 'Cak8s In the Courtyard, {though because of tho ￿*&ther. we forcod to decamp into the main h81111 As well as encouraging p8ssersty to come in to enjoy 8 free cake and drink, y￿ g8ve cakes 8W8y to peopl8 on Gloucester R08d. In Ihe hall get up and played board 88mes and It was lovely to see families ￿joyIng screen-free time together! The second h8lf of th8 year w88 dominated by the impact of our minister 8 8nnouncement on 14 July 2024 th8t 5h8would be moving on from the church frt)m the end of September. We markod the conclusion of Sarah's ministry viith an exceuent fare￿11 tea in 81 vthtch V4B expr6858d our appreci8tion of her time with us, and a polgnantfinal ¢ommunlon serylce atwhlch two people were welcomed into mèmbership and prayers were offered forS8rah as she embarked on her new ministry in Essex. The trustees, with the support of the whole church, then stepped up to the task of leading the church's ministry. adrninistration and pastoral ¢aTe during the next season of the church's life. In 8ddition, we ware extremely grateful forthe input of the West of England Baptist Netsvork's Region81 Minister in advising us on the priorities for Leadership during this unforeseen period ol Pastoral vacancy. Servic68 were maintained with the help of 8 number otvisiting pioachèr8. slong$ld8 8 number of our members stepping outsid6 thair'¢omft>rt zone. to take part in the leading of our worship together, including our annual Remembrance Day servic& and thiee'songs of Praise. events. As the year drew toward8 its clos8, the churchts memb8r8hip made the decision to appoint a Transitlonal Minister. Rgv Barbar8 Reviil, on a part tim8 bas•$ for the duration 012025 to advise and le8d th• Church through the period of peslcral vacancy and eontnbute to th8 le8ding of 8eNices and pastoral care within our community. The ctturch aLso decided to employ a Fscllitie8 Administr8tor. Mrs Charlott8 Ga18mbszogi. on a part time basis during school term timesfrom J8nuary2025. 10 rnenage the church's rel8tionshlp$ with ihosewho useand hir8 our buildings and provide receptlon. facilities maintenance 8nd admlnl8trative seThice8. Over the course of 2024. we vRicomed 3 people Into church membership: whilst for various reasons 9 Memb8r8 moved on frorn the church, but no Members died durlng 2024. We are greleful and thanklul frji the contributions of our manyvolunteers vtho have given sacrltlcially ol their tim8 and ski119 overthe ¢ourse of the year in shouldering respon8ibS1ity for the running of the church, managing our flnances. liaisingwith 811 Ihose who hire the building. managingthe m8intenance and repair of our bulldlng$ and facllitle8. tteipingwlth gardoning. movingch81TS, managingaudio-visuais. maklng coffee, w8shlng up and stepping up io volunteer In many unseen ways whlch m8k8 8 VTrt8l contribution to the vibrancy of our communlty. FINANCIALREVIEW As In previou5 yeafs, the Church continues to raise funds whl¢h It needs to contlnue Its actlvitie5 from voluntary contrlbutions from withln the membership and congregation. and by ren18 received from hiring oul Its premises. Followlngthe inevitable disruption in 2023 81isingfrom the church s moveto new preml8e8. Income from hiring out the bulldlng increased somevthat In 2024. Th8 Church continues to express Its pert In the Ufe of the wider church by ￿VIng grants to national and inlern8tional Christl8n organisations and socleties with Christlan alm8 and objectives compatible with the Church's ovm charltable purpos Voiuntsry Ineomo Achiefsource of In¢om8, alongwith incom8 from hire ofthe building. isthe offeringstrom members and friends. made eitherweeklyor monlhlyand in a varietyofways. i.e.. usinEthe envelope scheme. standingorders ¥18 the bank. or in Cash. The oltsrings received are augrnented by recovered income tax. derived from ihose people who have registered for Gift Aid with the added abilityto claim fromthe'GiftAidSmall DonationsSchem6" which added £4.958 in 2024. The financial results for the year. togetherwith 8 summary ol th& accounting policies adopted are set out in the eccompanyingfinancial statern8nts. Rewr¥88 The Church op8rate8 a r8seNes policy to 8n8blethe Church tofunction effectively 8nd meet Its obligations in the event ot a decUn8 in our income or g major cost. The aim is to m8int8in free reseTrves in unrèstricted funds at a ievelwhich equates to approxim8tetythree months of unre8tiict8d charitable expenditure. Th8tTUSte88 considerthat thi$ level wiiL en8ur8 that there are enough funds available to cover dayto d8y costs. Having con5ider8d lh8 relevant ri$k$ of change8 in Income gnd expenditure. theTrustees have determined that the appropriate level of reserve8 IS 8pproximgtely £12,IK(i and thls amount ha8 been placed in our Saving8 Account and h89 given us e Ilttle extra Intorost rev6nu8. A8 at 31 December 2024, th8 chU￿h heid total reser¥88 01 £7.811: au of whlch were restricted lund& Any re8erved monies not immedlately needed havo been placed Into 39ving3 accounts. Th888 hav6 beén dlvided between Cambridge and Counties 95-d8y notice account and Baptist Union DeposltAccount, to gain 90me Interest until we are readyto use these designated funds either on buildlng repglr¥- to UPÉrad8 our M0n8e or for outreach. To complywith 8dvic8 from the Charlty CDrnrnl￿l0￿ we have 8pIIt Ouf monie8 to gnjurg each occourrt is within the guaranteod safety thre8hold. Coil•etlon• for ¢)th•i Ch•rlll Durlng 2024, 8 totsl of £3.770 vM8 ¢oll•¢t8d 10 8lv8 to other ch8ritie8:. BMS World Mission £1.500 {£125 permonth} BUG8 HomoMl$slon £1,500 {£125 permonth} BMS Birthday Scherng 8MS Harvost Appe61 £416 £89 Christ18ns Agglnst Poverty £265 P•n*lon U•blllty See Page 17. Funds held a• eusto•*on trust•• on b•h￿ o14)thov• Specific gifts for other organlsalSon8 are recorded 88 restricted funds and are appropriately controlled and p8888d on. RESPONSIBILMES OFTHE TRUSTEES The charlty'5 tru3teg8 819 188pon8ibiefor preparfngthe Tru8tee8 Annual Re￿rt 8nd the flnanclal 8tatem8nts in 8ccordance with applicable 18W and Unlted Klngdom Accounting staThJ9rdg (United Kingdom Gener8llyAccepted Accounzlng Prnctlc8). The 18w applicable to ¢haritie$ in England and Wales requlres the trustees to prepare financlal statements ft)r 88ch financi8lyear which g￿e a true and fair view of the state of affairs of the charty and of the incoming resources and applicatlon of resource8 oflhe charityfof that period. In prep8rlng th85e financial 3tstements. the trustees are required to: select suitable accouming policies and then apptythem consistently: observe th8 methods and pn'nciples In the Charities SORP (Statement of Recomrnended Piactice): rnake Judgements and estimate5 that are re8sonable and prudent: 8t8te whether 8pplicable accounting standards have been follo￿*d. subject to 8ny meteriel departures discloged end explaineAI in th8 fin8nci81 statements; prepare the financlal 8tatem8nts on the 80in8 ¢on¢em ba$ls Unle￿ it is inappropriate to pre3ume thatthe charitywill continue in operation. Th8 trustees are responsible for keeping proper gccountin8 record8 that di8close wlth reasonable 8ccurgCy 8t any time the financial positlon of the chaiity and enable them to ensure th8t the financial ¥tstements cornplywith the Ch8riti88 Act 1993 and the Charty IA¢count$ Bnd Reports) Regulations 2008. The tnthe8 are al80 re8ponsiblèfor safo8U8rding the assets of the ¢hartty and henGe fortaking reaaonable steps the prvmitlon and dete¢tlon of frnud and other irregularitie8. INDEPENDEKf EXAMINER Mark A Symonda FCCAwo¥ thanked for hls g9¥istsnce in the preparntion & examinetlon of thé¥9 aeeounts. INDE?EhlDENT EXAMFNER'S REPORT-IO THE CHURCH PIIEMBERS apor! on the financial st3t4ments foi ¥eai P.D.flp.d 41-?t rJerpmber 2024, which are *&t Jbtan pages 10 to 11 RESPONSIBILITIFq c)i- ri IL I X.4LfjINI I lj 1> mk r￿SP.0￿)￿1bI{EtY It. Ex'iiiilrye +he aknC.OLIDls un(Ipi- %ec.'I"IUli 1 •1 r) ol ;li(.. I'liaritips li-12fJl 1 folloii,. the Pi oceiliiiEs liiid IlcJwi} Iii 11 i*N ("JfinrAfiil lj!yor.tinr!S qi'"Jssion (under setXILiiI 14_')1'. 2)(1 i) :..1 Ilii. {' J.. siaie iviielher kiafliciilill in,'.Ititii •- Iirlvl! 1,1 il-l}i i Iri rfi i lioty ,'? ￿)F INDEPEINDEN'I. 2.IIlKqINf.14'< .') IATEMEN"I ex'airin3tioll iV4?•S ':a!I'ied out in dccordano wrth the General b.r4f.-.: wnaf ily, Camiriosio* .411 examination indudes a review of the un.Inr4 f>cGrds k8pi u r .e-h.ariiy a.'?d 3 'oes ￿OnSI mp3risoti of the accounts presented with thGse rt•r= era:IOil Df any unusual items or disclosures in the accJun:,5 3na 5 15 HORFIELD BAPTIST CHURCH NOTES TO THE ACCOUNTS contd YEAR ENDED 31 DECEMBER 2024 15. R•strICt￿ Fund5 Ctd... Re8trlctod Incom• Funds D•finltlon Future Building Prol•cts has been ￿818d to Save f(w major aller81ionslr8p8irs on our 100+ year old grade 11 listed buildings Wllll•m Shortlogacy reflects funds vthich, under the terms of the are for th8 purFose of benefibng ￿ Poof of the church and kxal community. Sp•clfic App•al$ Fund. A Restricted fvnd for the recelpt of d¢)nations for ¥pecific purpJses as Klentw by the Ch)n￿ al the time of giwng. Youth WO￿ Grant• Fund has been used for youth Mjrk at the church. Flow•r FurKI. A Resth(knJ fvnd the purFX)se of prowding flowers as identifipd by the b8néf8Ctor(sJ F•ll¢Jwshlp Fund. A R8stricted fund set UP by C¥Jf mèmbers to help ttK)se in urgent nwd of fnanckil assistance. dacided ty the Paslor, t)ffi¢xTr and dear>)ns. BMS 81rthd*y Fund. A Restitl&J fund lor the purrthes of the BMS Birthday Scheme. The scheme provmaos support of miw'on through giving, to celebrate a birthday. Proi•etor Fund and r•stricted in 2018. Funds Trceived for the Pastors in (x>nnecbon with Weddings and Funefals b8 uséd to pay for and w0i￿tiOn. 16. DMlqnat•d Fun 011oir1024 Incomlng R•sourc•• R•sourc•s Expended TranJf•f• 31112f2D24 Manse Fund 6,795 (6.795) 6,795 6.795 17. An￿￿1$ of n•t as••t• by Flx•d a*A•t Curront l)eferrod As*•ts Llablllti Total Endowment Funds Roslrict•d Funds Baptist Union Trust Deslgnated Funds Unrestricted FutKIs 1,158,100 1,158,100 7.811 169.936 7,811 169,936 86 386 1 158 100 1422 233 P4e 16 HORFIELD BAPTIST CHURCH NOTES TO THE ACCOUNT& contd YEAR ENDED 31 DECEMBER 2024 18. P•nslon• Th8 Churth is an emrAoyu Partic￿ltir$ S(*￿￿ kno￿ Wst Pens￿ Schen rthe stheme.l,vth￿h is *Jminist6r•J ty P8n5ion Trltstee (Bapt￿t Pensi(￿ Tnjsl knmtted}. TIK• Sch8rn* is a separate le931 enty and the assets oftr* sd￿ we hekl sew*ty fr(xn t1￿ of Emr4oyer and thg other palb￿patry empw, For any month, each parti¢ipatiThJ ernther in th8 Sdwne paJ3 as Sel wl th8 SdEthle ol contnbJti￿S in force al that tinw. From Januory 2012. provtsKm is b•iTrJ made Defined C4MtrtMJlwM ((K} Plan witrin the Sthme, In gewal, m￿nterS pay 8% 0fth￿r Pan$(K￿e Ir￿ errWoyÈrs pay 6% of m&mt*rs' Penwnable IK4Th inlo iryll￿dUal r*nsion acojwts, we orerat8d and rnanag￿ on behalol the Tnjstee by Legal Gener81 Lrfe LimiteA. In 8th￿￿c￿. tr emF4(ryw Pays o fvether 4% of PenS￿nIble Ir￿on￿ tr> ¢J)vw thath in SeThK¥ Benefits. thYtistixlion sts, an insurance pc4icy p￿deS inctthe P¥Dbclkn Sthem8 memt¢rs in the ovenl that tr*y are unable to due b k)ntrtern intapauty This NKome wotth psicy beén Insur￿ by tr* Baptsl unic￿ of Groat Bntsin Unum Lmvted. oftho B&%￿ S8clxii pay le1juc￿ c£nlntsJiw of 5% of Penskfith Inccrn, arK1 al>) pay a totsl d 5%, 80￿fits re¥*d ol seThK4 prior lo 1 JaThJary 2012 wo the D8fir￿ IDBI Plgn n Ih rnaift benèfits fc¥ w&2012 swvK• a dèfirnd b&xfii p8nsb)n ofth &b3htieth of Nth'r4mum Per￿￿0 for year of Perfycfth Swto, addi1￿4 in respect of preffllurns pa￿ on pe￿(mar￿￿ In(>Jme in oxrms ol Mlnlmurn Pensi￿atIe IrK£rfne. Thè St*eme, previously kw*n ag tr* Barthl N*nWs' PonsK￿ Fund. gtArt&J In 1925, bjt ¥yas dc4ed lo thjrè accn*l irfdefiwj b8rth on 31 Decartw 2011. From January 2012, F￿￿￿)n provision is boing mad6 the (DCI Fkn *ithin the gthrM. In general, members pay 8% of Iheir PeNonatA& Ir￿ *KI ￿P10￿5 pay 6% of memtérs, Penwwtde Income inlo ir*Mduai wnsM)n accwn& are (w8￿j *Ki mOw￿j on behalf oltr* Pons1￿ Trusl8è by Legl and General Lile S• Limiknd. In &ldiicd, ttkg •m4oyer p8p a fufuw 4% of hnskjnth lrtijmè lo cowr Dooth in SeTh7￿ Ber*. athi11s￿l￿n costs. and an associatod insurance Fdiw whith pmvides inr￿￿ for Sthém mrnt￿S in the event that they arè un8ble10 7htrfk duo to tytefm irt8p8cty. in)m8 rKOle¢lp￿ [KI￿Y h88 b88n Imu￿1 by the 8apb.st Union ol Great ￿1n ¥Ath Unln LhTited. BasK Seclhjn pay roduL* ¢xntrilyJtrons of 5% of Inmp, ￿ tsr onthers also pay a tolal rf5%. 19. R•lat•d Charltl•s Bapdst Unlonlwmt of England B•ptl•t A•$w•atlon Th8 chufth is a m8rn￿r of the Bapllsl Ur4LM of Great Bribn, and the Yrfesl of Er￿ Bapti8t Asgxh4kn0n. The olurth made &)nation$ lo the Bapts8t Urlon FkAne Mssslon ￿me of £1.￿1] Pag• 17