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2024-12-31-accounts

Dagnall Stro•t B•ptl•t Church Re918tef8d Charbty Numb8r 1127791 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR DAGNALL STREET BAPTIST CHURCH ST ALBANS

Dagnall Str••t Bptl•t Church Trustees, Annual Report for 2024 The trustees present thelr Annual Report end Iln8n¢i818ts1ements lor 2024. The kNincapal WIp￿ ofthe charity (whk throughout thi3 report wll b8 Teferred lo as Iha Church) Is the of the Christian faTth ac£ording to the prInC4￿88 of Ihe Baptlst denomln811on lo Indude the advancement of educati￿. communty se￿1¢• and Such othgr 9ongrg1 charlt#blo purpows in such partg of th• Unitod Kingdom and thè world ae Ihg Church Shall V4hon planning our &tMties for the year, the Iruslees have consid8r8d the Charity Commission'$ guidar￿ on public banofft nd in PaT￿lar the swfic gukl8fKe on tharities for the advanCen￿nI of relig￿￿. The tnJstees try lo enabl8 ordinary wp 10 INe ¢M tsr laith as part of our Church txmmunlty. In ￿￿or io 8chl8ve Ihe prlndpal oblecttve whlch 15 sffl at4)ve, the Church pmths 8 variety ol actNities both to its membership and to thè cL)mmunrty g8nefally. The aim is to sh(MT ts h)vfr of Jesus Christ in both and deed and to bring people into a closer ￿lationship Him as liviThJ Lord. ckni to the and ¥Mthess ofthe Church is the pmMsi￿ of regular publ￿ of Christsan worship. These seplkes tgk9 plgc• most Sundays gt 10.30 gm. Worship also takos Pl￿ al oth9r tim•#. Th• Church soeks to a fri8ndty communty and anybody is free to atter¥J any of th95e seryiGes. Prayor 1$ offered after momiNJ worship. Prayer weeks are organise(J ￿ an (xcasion81 ba&$. Th? ChurGh run? o prg>r and #horo group for the grthvth of faFth and dtscipleship at tho Church and a prayor hwr is hdd onc8 a ￿)nth. Aso, from Ume to Ume. tThe cnurcn njns courses for peop￿ interesiwj In (IlsDJveMng aLvJt Chri5Danity and study groups are oT￿nIS8￿ al v8rn)us times eg. during Lent. The Chltrch Is resF(snsible for 8 weekly lerm time Toddler Group whtc meots on the Church premises on Wednesday rmminos and monthly. on Saturday momings. Let the Dads OUV meets vrith the puwpose of assistsno the cofflmun and dofflonstraling tha love of Jasus Christ. The Church en(xJurages and enablès Chiklren and Young People to engage ith local Christkan organisations who run ywth events and 8¢INit￿$. The Church operates systems to ensure that all PeOFAa wwknng thiklr9n and vulngrable adults ale appropriately ve¢te(I vAth r9gard to the Disdosure and Ba￿ing ServicB. The Church has D•signa￿ Parsons and their pholcoraphg ar8 displayed 8loru>id8 the photoiraphs of the ministsr and dè&cona and empjoyèd staff at thè Churth and Cross 8trtset Cèntre knmited. The Cross Street Centre cafe is wholly Lwmed and run by the Chufc. open four days a for f(NJr hours each day. The directors of the company limited by guarantee - Cross Street Centre Limited- manage the cafe. The suWus from trading is WVillldTiI￿ lo Cl)urbh eaGh year. Th8 Cioss Str¢et ¢entr¢ pro¥i¢Jes a meeling poinl lor ￿111 fLvinol aritl ii?furtTr411 moeting5. Many communty groups use the churc premws on a reguk2r and also on a one off basis. The Cross Street Centre also njns a games group. a scrabbb dub and a bcok library. These are all open to mambers of the communjty. A m&JaJne Pltblished 10 times per year and 1$ available 10 811 wpie5 displayed in the Cro$$ Street Centre arml in Churcth to highlvJht s8rvAx. Adivib8s. church news arHI to encourage engagement and pa￿aDation with vthal is on offar AGhl•v¢m•nts and hrfom)an¢o Durfng 2Q4 The Church Ij￿ not measure the Su￿$ of ils prcJrammes only in numbers, induding ffinanclal numbws, but also in less tangib￿ areas Itk• f•IStr•￿hiP and •ncouraggmont. The Trustées recryniso that thes• arè diffi￿11 to mgasurg, 9SP9ciaNy given ￿ di6tupb.on to aGtivities over reG￿t y¢ar3, believe that 2024 wa3 a p)5￿¥8 year in th¢ life of the Churth. aTrJ that rt V￿16 D6 91￿ to pursug r¢s mis"on purposes In 2025 wllh GonUnue(l enihuslasm. At 31 t)gcember 2024 the membership str))d at 8612023: 921. There was 1 new member added during the year, 2 memlx nil tsar￿fe￿￿{l to crfher Ghurthes. The Chur¢h is acaivoly proftYAiNJ th& usg of the pr8mTrsos by gnjups thAt aro htying for the t*nefil of tho comrrnJnty. This mear$8 that th& Church premises are occJJpied for amund 40 hours frc¥n Monday - Saturday. Ths grouF6 ihat use th premises are past¢xally suppjted by th8 Cri)s8 Stretst Centre staff and by th8 minislry tsam. Fln•nclal R•vl•w The Church cwtinues to ralse the fund8. whjch it rwds to cary on its a(aivth'es from wlthtn ft8 N￿bernhip and ¢))ThJregation. Somè IN¥)m& is generated from hSrg of premises and the annual C4)v￿ant fri¥n Cr038 Strefjt Centre Limitad. No wid•r public appeal WAS mad• fof fiJnd# durin9 Iho ygar. The most signlficanl Nlnlsty expense repre88nts the o)sts of the Mln18ter - who 18&Js and cx>ordlnatss the Church's actNttsès including lh8 Sunday Sorvt¢s, pro¥kJgs pastoral c4re for tha congregation other pwle. and equips and erwur898S th¢ membership in tholT Ille, Christlan wtness sgrvlcg. QuFln9 thg period of th13 fCPOrt the church was In Pa5torai vacan￿ lollL)wlng the retlrefflent of R8v Slrnon Garver In Augusi 2023. Durtng th15 perknl the tyus1895 apwlnteo knd8rator who oversaw the main adivities and management of the church's ministry. Th& Church employs a 8ile manager, Mr. David Hobbs. The ministor arhj slle managar livo In AccommodB￿On provided by the Chuieh. Pag82

Dagnall Stv••t B•ptl•l ehureh The Chwth exyes88¢ 6ts wt kn th8 Kfo of tho vhJ8r Churc by mgklng gfAnl to kul, nalknwl, Irrt￿￿ti￿ Chrfs1i￿ aTr ith run wllh (Y no impact on Chwch'# exp￿￿61￿[9 but n6v8rth91o￿ ￿￿￿bUla 8Ut4lwthlty to tr •thv•Ytht c Th8 fIn#n(i￿ for YAW. t(wlt¥Jr 4 summary of tha a¢counling pdic408 adoptsd •ro 8¢t tr Tthith KK¥tiased genernl reser￿ to £168.051 12023.. £1XI.7631. These rewv8s are n8￿1 to covar tutwè èXFwthifO of Churth •ThJ arn in a&JitJn to tho 11os¥nat8d re6wv8s of£60.(KK) held In relation to (wr r•80pKs polw. r￿dI￿n tomi Is tr) maknt￿.Tr a minim of n)nts oftotal exp￿ditijro resoNas. forth• lutur• on 19th January 2(W at a spcial ¢&wrch ftwollng trdd cm 1¥ March 2022. farth in jo￿ Christ. thg DioCXWte. The diaL￿ale meats 10 tirros per yw arKI is resr¥Jwbkn for the day lo doy wrmirvJ of the Chuth's worf( Relevwt m8ttern may b8 submitted to th8 ChJTth by thg Twsteos for guida￿, or may ￿ ralsad by in Tho tr￿te95 V•YyJld prtioAaity ￿ko kn tsnk larp numb8r of fts Th￿L￿ship thing as wil￿¢8￿$ in au a¥￿ts of 19 Oc>bw2025 Pago3

0•9nll Str••t B•ptl•t Church Rogfyterpd N#m•.. DAPNALL STREET BAPTIST CHURCH ST ALBANS Charity No. 1127791 hurGh Athjrvs.. 1 Crnsa Styoet St HwlfrJrdshkg AL3 SEE crKis Penn158c¥ei8ry} Oakley {Fin8nc• tha(￿) PaLTkq lthJb)ls Janis IS9fggu•rdlno Trug188) Diar￿ S4undetS Pcthr Bank•rs 10 St PetsrJ stro￿ StAlban8 AL13LY Ind•p•nd•nt Examln•r Valerip Harden

Daonall 5tre•l Bapllgt Ghur¢h Ind•pend•nt •xamln•rf&4 rnport lo th• Iru•lw•• of Dagnall 3lreet 8•ptlst Church 31 Alb•￿* I report to the Iru8lees on the accounts of the Charity for the ye8r ended 31 DeGember 2024, whlch •re 8et out on p8ges 6 10 13. The 8ccounts heve been prepared In accordance with the Charities (Accounts and Reports) Regulations 2008 and Accounting and Reporting by Ch8rlties SORP2015 applicable to charities preparing thelr 8ccounts in accordance with the Financial Reportlng Stsndard FRS102 published in September 2015. R•spon•lbllSths and b•sl• of report The charity's trus168s are responsible for the preparation of the acwunts in accordance with tha requirements of the Charities Act 2011 Ilhe Act). The charity's trustees consider Ihat an audit is not required for this year und¢r section 14412) of the Act and Ihat an independent oxaminalion i¥ needed. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in ¢anying out my examination I have followed all the appIl￿ble Directions given by the Charity Commission und•r $a¢tion 145 (5llbl of th• A¢t. Indopondont ox•mlnoe$ $t•t¢ment I have completed my 8xamln8tioft. I confim7 that no material matters have come to my ettontion in connectron with the examination which gives me cause to believe that. in any material respect.. the accounting records were not kept in accordance with section 130 of the Charities 2011 Acl,. or the accounts did not ac4xrfd with the aL¥xJunting re(JJrds; or the a¢¢ounts did nol comply with the applicable requirements concerning the form and content of a¢￿UnIS set out in th& Charities (Accounts and Reports) Regulations 2008 other than any r•quir•mgnl that the accounts give a 'twè and fairf vi8w which 1$ not # matter considorod to part ol an independenl examinalK)n. I have no con¢ems and have come acro55 no other matters in connection with thè examination to which att8ntson snouia D8 arawn In this report in order io enable a proper understandino of the accounts to be feathed. 8lgn•d: D•tg:20 OGtobei 2025 Name: Valerle Harden R•lavant prof•szlonAI qtsallfic•tlon or body: Member of Assoclatlon of Chartered Global Management Accountan18 Addrn••: 12 The Park, St Albans. Hertfofd8hlro. AL14RY Pages

O•gn•ll 8tr••t 8•ptl•t Chureh Not•• Unr••trfct•d R••trlGt•d fund• & Endowm•nt T•3ts1 lund• 2024 Total fund• 2023 Incomln9 •nd Endo¥mi•nt• Irom: 132,328 2,110 5.241 80,430 220,109 a,242 185,570 2.110 5,241 4,565 80,430 44,988 2Z3.351 225225 133.374 42.320 Investments Tot*1 3.242 Exp•ndlthr• on: Ctroritablo acllvlti88 3- 6 149.861 12 36.627 186,488 3.816 153.677 36,627 190,304 235,338 22.245 257,583 Tot•1 3,816 N•1 l•xp•ndltur•illncom• Tr•n•f•f b•lw••n lund• 33,621 (574) 33,047 132,358) M•t mov•m•nt In fund• 33,621 1574) 33.047 (32.358) R•eonclll•tlon ol hJndA Total ftsnds brought forward 668.970 2,925.751 3.594.721 3.627.079 Total fundi carrl•d forward 702.591 2.925.177 3.627.768 3.594721 Page6

Dagnill Str••t Bapt￿¢ Church Statsm•nt of flnanGlal posltlon Not•• 2024 Flx•d a•••ts: Tanolble assets Curnnt ••••ts: 3,3M923 3.384.923 Debtors and Prepayments OIF Ch8rtDes Depostl Fun 8apllst Unk)n S(x)ttish Wkl¢>ws Account 14501 S4.874 3,173 65,453 118,913 17.881 $4.874 3.102 64.419 81.426 221,702 Cash ai Bank and Cash In h8nO Tot•1 ¢urr•nt aM•ts 257.914 Curr•nt Ihbllltl•• Creditors and ACC￿a]S 15,070 242,844 3,027,707 11.9)3 209,798 3.594,721 N•t ¢urY•nt ass•ts Tolal N•1 A•••l• Funds: Endowmont funds 194562 ¢14 IW24.562 1.189 R8stiict8d fisndg Uftrestrlc￿ funds Genernl 184051 130.763 638207 868.970 701591 Tetal Ch•rti•bl• Fund• 3.627.7fl 3.594.721 P•nn

Daonall StrnBt BaptlAt Church Yeai ended 31 December2024 Not• 1- A¢¢ountln9 Pollel•• Ba￿& of prgpar81 The finandal slatemnts have been prepared in ac(%>rdanca with the Acwjntlng Regulalths set out u￿r thv GI￿1111e5 Aci 2011 and with the Accounting and Reportlng by Chartties". Statement of Reg)tw¥metKled Practice (SORP) appircable to cnaritles prepanng their aC￿unts In accordance with the Financial ReportiThJ Stsndard FRS102 and the UK Generally A￿pted AccJ)unting Prfnclples (GMP) 89 tlw apply from 1 January 2015. Goin9 Cone•m The CliutGh meets Its day to day wcyking captsl requlrements Ihfough Its ¢ash facilities. ProJections gre prepared that tske into ac£#)unt possible changes In Income and expenditure. Havlng assessed the prinupal risks. the Trustees consider it appropriate to adopt the golng r))ncem basls of accountirvJ in prepariry the finanoal statsments. Donotions Donations arB accounted for gross when recelved. Loga￿0S Legaries are alxounted for when Ihere is legal entidemenL' they are measurable and their receipt is probable. Investment Income Invesbnent Income is induded in the acc¥)unts in the year in which tt is recejved. Fund r8ising 8nel publicily costs The Church does not make bmial appeals forfurKl4 and ex￿Endi1Ure on these ilerrfj is therefore not material. Grants Payable The Church makas grants to other organr2ation8 %th088 charitable ¢)bjgcts complemont itr work. Th•y ar• actounze(I for in year In whlch Ihey are pald. Gov8rnanoe costs This represents direct expendtiure on the govemarth of the Chur¢h. Volunteers ￿rry (xrt most of the m?na9ement wthout charge. This Intangible cost is not induded in the Statomont of Financial Activitigs slnce there Is no rneasurable ￿5t lo the volunleeTS for thelr serv1(￿. Fix8dAssets The Church premtses. the manse and 37 and 39 Spencer Street are Ind￿led in the balance sheet at hi3toric insuranw value whon first ￿PI￿liZed in 2006. bec4use reliable cost information is not available, armj vaiuauon would incur significant i)Jsts which would be onerous ctmpared wttn the additional benefft gained by the user of the accounts. Depreciat￿n Dopreciation has not bggn charggd on tho Church or othèr promlsos, bacaugè in th& opinion of tho Trustees. the buiiaings are malntalned to a good standard. Nole 2- Speclal Collectlons Includlng tsx rthind 2024 2023 Christian Ald Gtft Day Bitllmtsy fund 1.208 1.116 918 70 852 879 Total 3,242 1,801 Not• 3 Mlnlstry 2024 Genornl 10 3.428 2023 Ggnoral 33,916 4.002 Mlnlsler Admln costs ofmlnlsty Muslc and Books for Minlsty Total 4,767 39,898 Page8

D•gn•ll 5trMt B•ptl•t Ghurch Nol• 4- Mlsslon Spendlng Pakl Ov•r Ml••lon Budo•l Ov•rn•aJJ All•8lon BMS WoTld Mi¥¥ion Interserve Christian Ald Releas8 Inlernalismal TWAM Manipur Charitable Trust J Cwk & Vokhuls Tot•1 O¥•rn••• Ml••lon 350 500 11.850 Natlonal Mlsslon Home Mission Regents Park College Bible Society Proiects £BA 350 Total Natlonal Ml8•lon 7,8JO Local Mlsslon STEP Herts refugees 350 Saf(mine 2C7 Project 370 Vineyard Care Centre Regional Ministers Fund- CBA Fund for the FLrture 350 350 Total Local Ml••lon 320 P899 9

D•gnall Str••t Baptl•t Church Nol• S- Prvp•rty Cmts 2024 G•Mral 2023 G•neral Insuranc* 7,018 18.254 31.936 6.777 22,157 27.510 Utilities C8rotgkor And d&anlno Major projects Maintenance and repair3 Total 14,146 80,187 95,499 159.490 MotA 6- Expondlluro on Charltabl8 Actlvltl88 2024 2023 Migsion Spgnding Ministy Costs Propety Costs Admin Costs Designatad Funda T¢)tsl 22,320 4,767 95.499 11.991 15,284 149,861 16.870 39.898 159,490 15.417 1,932 233,607 Staff Cost• and Trugt•a Exp•n808- Ineludod wlthln ab The staff costs {ex(4uding CSC) were as fo11¢y￿s. 2024 ZO23 Salaries ScKial se(yJrity Costs Pension 28.089 1.814 853 30,756 54.479 4.327 3,607 62.413 The Sverd￿ number of employees in the year was 2 (2023: 3) No employee recelved eTnolumvnls in excess of £60,000 in the year (2023 tkonts). The Minister was the only Trustee to receive money f￿ expenses.. £nil12023'. £5.617) The Churr.h ￿vioUslY paid pension conth'butions ft)r its Mlnisters lo the 8aptsst Minisiws PensK)n Trusi Llmilod. whi¢h w88 8 final salary defined benefit scheme until 31$1 December 2011. which was not contrnct8d out of the Stste second pension. The scheme is a multi-employer scheme and il is not FL)ssible to id8nts.fy the 86sets and liabilrtles of the scheme, which are attributable to the Church. In accordance with FRS17 therefore, me soieme nas b8en accounte(I as a defined conlributiQn (see Note 111. Since 1st January 2012. ponsion provision h8s b88n mad• thr(xJgh a défin￿ e£)ntribution sch8m8. Page 10

Dagnall Slr••t Bapust Giiurch Not• 7 - T•nglbl• Flx•d A•••t• Church IncludlTrg Cro Strn#t C8ntr• 37 and 39 The Man•• Str••t Talal Co•1 or V•lu•Uon 1st January 2024 2.924.562 248,684 211.671 3.384.W23 Dis[￿#19 31st t>￿￿Mber 2024 D•prnciatlon 1s1 January 2024 Charge f￿ thts year 31st December 2024 Not 8ook Value 31st December 2024 31& De￿mber 2023 2.924.562 248,OS4 211.8TT 3.384.9tJ 2,924,562 2,924,562 248,684 248,664 211.677 211.6TT 3.384923 3.384.923 For the first time in 2(K)6 inc4uded wr Ixjiklings on the Balance Sheet as Fixed Assets. We Ind￿ thom at insured value as at 01.01.2(J)6 and then £?￿11$ed the building th. which took P￿ (AKirMJ 20C6. This w83 performed on the Manse and 37 and 39 Spencer Street Note 8 - De$lgnated Funds 01.01.2024 460.361 60.000 13,593 3,328 926 538,208 In￿rnIng I￿oIng In{Oul) 31.122024 460.361 Manse. 37&39 SS Spec4al Reserve Equipment ReseN8 TcJdlers Others Total 10,000 1,616 (14.OS4) (12￿) 9,S39 3.714 926 11,616 115,284) Manse. 37 8nd 39 Spencer Strget This fund represents the Manse and 37 arKI 39 Spancer StreeL Sp8u81 R8seTre This represents funds that are not immedvalely needed lor the current actNilies of tha Church. It is held in the event of an unkn¢y4¥n expense for ministy, mi55K)n ￿ FffjFwty. The balano at the year-end is bas&J on the estimated cost of ry)veriry circa f￿r ￿M)nthS expenses in the event of a loss offvTrJi (£60,(KKI). A(klMonal lurKls arp h&J rpSe￿e. Equipmant ReseTre This represents money pakl to the Chur( from Cross Street Centre Limited fDr the hire of all the kitchen uipm8nt. This is kept separate to finance the next purchases of equ1ptr￿nt. The reseNe was irrnased by £10,000 from genoral feJerye3 after funds U8￿ for a new dishwashor {£8.000> and a counlw refft {£5.IyyJ) in the ￿lé In 2024. Toddlers This reF￿nts surplus income over ij)sts for th8 DSBC TcwSdl6r Gn)up. A wpekty amount is oYl8ctsd gnd pays to tho group. Surplus is usgd to buy toys and mats fortha gffjup. Page 11

Dagnall Stmt Baptl•t Church Not• 9- Rutrlctod and Endowmont Fund• Tran¥fer¥ Inllou¢l 01.012024 In¢omlng Outgolng 31.12.2024 R•$trfct8d Daycaro Special Coll6cllons Endowmenl Church premlses Tolal 014 575 814 3.242 {3.816} 2 924 562 2,925,175 2.925.751 3,242 (1816) Not• 10- Analysls of Not Assets Not Curront AsJet¥ and Inve•tm•nt• Flxed As•ot• Total General Funds Designalod Fund$ Restricted Fund$ 168.051 74,179 614 168.051 534.540 614 2 924 Jf62 3,627,767 480,381 T¢)tsl 3.384.923 242.844 Noto 11- Pon•lon8 The Church Is a partlclpating employer the Baptist Penslon Scheme (Ihe Scheme"), whlch Is a separate legal entity admlnlstered by the PonsKm Trustee (Baptist Pension TNst Llmlled). The S¢hem8. prevk)usly kn(Ywn as Baptlst Minlstws Penslon Fund, Started In 1925. At the beglnnlng ol the flnandal year. the scheme wmFKlsed ol a defined benefits scheffle whlch was do￿￿1 lo future atxxual on 31 December 2011 and a defined ntributlon ￿an whlch vray O￿ned In January 2012.Th8 assets ol the Schemè arn hèld s8parat8ly from Ihos8 of the Employer and the other partldpating employers. For the Current flnanclal year, Ihe pgnslon provlslon for Membe￿ of the Scheme 15 bglng made Ihrough the Defined Contribution {DC) Plan. In gen8ral. members pay B% of thelr Penslonabla IncoTh and empi¢)yers pay 6% of members. Pensbnable Income Into Indfvklual penslon acryjunts, whlch are operated arwj managed on behalf of the Pension Trustee by Broad8ton6 Corwate Benefits Ltd. In additk)n, thg employer pays a further 4% of PenslonaDle Inct)me to o)ver Death In Servlco Benefits. admlnistyaiKin o)sts. and an assodaleil Insurance poll¢y which provkles Incomo prote¢tlon for Scheme members If they 8rn unabio to work to long-tenn Incapacty. Thls protectlon Frf)licy has been Insured by the Bapllst Unlon of Great Brllaln wlth Amva Limited. Furtherrrth, m&mbers of the Baslc Sectlon pay reduced ￿ntrIbutIonS of S% of Pensionab19 Incowft. and th8lr emplows also pay a total of 5%. In Octobgr 2024. the Insuran¢ wmpany Just Group cximpleled 8 buy out of th6 Ilabllttles (rf th8 closed defined b8nefit stheme. From that dale any remalnlng Ilabilty of the partldpatlng scheme memb8rs to dellned benefft 8chem8 cfj8sod and thè É1 p8r month d8firit rnntributlorLq PAy8blgi by tho partlclpAtlnJ @mployers whlth V&we agreed In the teoavery plan approved In Au9USt 2022 a150 ￿aSed from that date. Admlnlstrallon of the dosed defined ben8ffit sch8m& transfeffed from the p8nslon trustees to Just Group from that dale. Th• Mlnlstorl8) aro ￿￿1b18 lojoln th• SchoTh. Sèdlon 28.11A ol FRS 102 requlros agreed deflcll recovery payments to be re(xJgnlsed as a liability. The present value of agreed deficlt contrfbullon8 were Immaterlal at the beolnnlno ol the Ilnandal Jar and fulty •xtlngul6hed onco buy out wa£ complètod by Just Group In October 2024. Not• 12- R•l•t•d Party Trnn•acllon• The 'Cross streei cafe. Is Wh￿ty owned and run ty ine Church. Th8 direthor8 of Gross Stroel Centre LlmrtBd. cA)mpany Ilmltod by gu8rantè8. manage Iha calo. Th8 IV￿ dlreclcy shareholders gre th& Flnance Manager. Mrs Llz Blight ond the Church Seryetsry. Chrls Penn and they I￿ld Ihelr ¥harey 89 nomlnee$ lor the Church. Thjrtng tho yoar, Mr8 Ltz Bllght reS￿ned as a Olr8cior the 8h8r0h￿d1ng pass￿ lo M8 Ann8tt8 aollman wl¥J is also a Dlrector. Paga 12

D•unall Str••l B•ptl•t Ghurch Durfng th8 >wr Cmss Street Centro Limtt￿ pald tho Church for u8e of premi98s £Nil (2023 £nll} and the tr8dlrKJ profit wknich it (x)venants to Ihe Church. In 2024 thls tradlng tKofit18 u)nfinned to be £3,977 {2023.' £8.321). In a0d1t1￿. Cn>55 StrB8t Centrv LlmitBd rBIKnlJuTrfjd th8 fiAk)wlng InwrrBd ￿ Its bghaN ty ts Churth: wages £36,627 (2023 £22,245). Thern arn no olhw related paty transackn8. P•0• 13