Charity Number.. 1128664 Baildon Methodist Church Trustees, Annual Report and Flnanclal Statements for the year ended 31st August 2024
Baildon Methodist Church Contents Page Charity Information Report of the Trustees Trustees, Responsibilities Independent Examiner's Report io-ii Declatation of Scrutiny 12 Statements of Financial Activities 13 Balance Sheet 14 Statement of Cash Flows 15 Notes to the Financial Statements 16-20
BAILDON METHODISTCHURCH TRUSTEES, ANNUAL REPORT ST YEAR ENDED 31 AUGUST2024 REFERENCEAND ADMINISTRATIVE DETAILS REGISTERED CHARITY NAME Baildon Methodist Church REGISTERED CHARITY NUMBER 1128664 CHARITY'5 PRINCIPAL ADDRESS Newton Way Baildon West Yorkshire BD17 5NH THE TRUSTEES The trustee5, being appointed by the Church Council, who served during the year were as follows: Circuit Minister Circuit Minister Circuit Superintendent Minister Rev Nick Blundell Rev Christine Crabtree Rev Phil Drake John Ander50n Nicola Arkell Janet Binks Linda Bairstow Senior Steward Naomi Cahill Heather Clark- Coate5 Ros Crosland John Darnbrook Chris Flecknoe Mervyn Flecknoe Ashley France Gwyneth Jackson Peter Jackson Susan Jackson Gareth James Rachel James Dawn Jankowicz Sally Marney Claire Nott Gary Picken Allen Pollard Pam Pollard Custodlan Trustees Church Council Secretary Treasurer The Trustees for Methodist Church Purpose5 ITMCPI STRUCTURE, GOVERNANCE AND MANAGEMENT
Baildon Methodist Church is established as a trust, under the Methodist Church Act 1976 and is governed by the Church Council in line with its Governing Document, 'The Constitutional Practice and Discipline of the Methodist Church., Trustees are appointed by the Church Council and by Church members at the Annual General meeting The Church Council Icomprising the Chairman and trustees) meets three times a year with additional ad hoc meetings as required, to consider matters of governance, current operational and financial positions and strategic planning. Proceedings of the Church Council and all related groups are publicised to all Church members and an Annual General Meeting IAGMI is normally held to which a report is made on Church affairs. The next AGM is planned for 2.2.25. Church Council meetings continued to occur on Church premises throughout the past year. The Church is part of the Bradford North Methodist Circuit and, through the Yorkshire West District, is accountable to the Methodist Conference. Churches within the circuit were served during 23-24 by a team of 3 full time presbyter, with a halftime Deacon from March 2024. Three voluntary lay pastors, local preachers, trustees and volunteers played major roles in the organisation and running of Baildon Methodist Church. The Church Council discussed risks applying to the Church, took professional advice as required, regularly revlewed progress and adopted a Safeguarding Policy which will be reviewed annually. The Baildon Leadership Team (trustees representin8 different aspects of Church life together with the link minister) provided invaluable service to Church members in the organisation and running of the Church, the Church community hub and cafe (named Wesleysl and in the consideration of any issues arising, before being referred to the Church Council for decision making OBJECTIVES The purpose of this Methodist Church las set otjt in the Methodist Church Act 1976 and the Methodist Church's statement 'Our Calling, in 20001 is the advancement of the Christian faith and any charitable purpose of the Methodist Church or Church organisation and to respond to the gospel of God's love through worship and prayer, learning and caring, service and evangelism. Baildon Methodist Church aims to increase awareness of God's presence, make more followers of Jesus Christ, help people through prayer, mutual support and care, be a good neighbour to those in need and challenge injustice where appropriate. Community outreach is a major objective. The trustees of Baildon Methodist Church have regard to the guidance issued by the Charity Commission on public benefit and take this into account when planning and considering their objectives and activities. ACTIVITIES The Church continued to grow as a beacon of community cohesion and Christian worship within the town. Wesleys café continued to be as popular as ever as a meeting point within the communlty. The activities of Baildon Methodist Church can be divided into three sections; Worship, Community outreach, We51eys café. There is of course overlap within all three groups. Summaries of all three will be provided in the next section Achievements and Performance.
ACHIEVEMENTS AND PERFORMANCE Baildon Town Council have funded over 3 years the community liaison and lettings officer at the Church to continue in her vital work. An administrative officer has been appointed who works 15 hours per week. The Church and Wesleys, websites have been reviewed and renewed. We have achieved the A Rocha envlronmental gold award, related work to this includes environmental news on noticeboards, weekly environmental tips, support to Friends of the Earth 'Warm Homes, campaign, retiring collection for Christian Aid appeal for victim5 of flooding in Libya. The Hallmaster room booking system became well e5tahlished as the way for all using the buildinES for activities to book rooms. Reinstatement of the Christian Book Corner Safeguarding and Equality, Diversity and Inclusion reports brought to every meeting of Church Council and policies are reviewed at Church Council in line with Methodist requirements. Arrangements for stewarding at services were reviewed and the role was simplified. This enabled more church members to offer to serve as stewards on a rota basis. We participated with Churches Together, in a walk of faith for Easter. Throughout the year a wide range of groups continued to use the Church premises including,. o Youth club- young people met every fortnight and whilst not all attend worship in the Church they are encouraged to think about social responsibility and issues such as climate change. Christian Fellowship group See and know- a busy, structured playgroup for parents and toddlers. o Baildon Village Preschool- used the bespoke lower fold building for their purposes. Uniformed organisations i.e. Girlguiding and Scout organisations which included Rainbows, Brownies, Guides, Rangers and Beavers. Table tennis o Sew Together- members met to sew blankets and enjoy companionship. 15 blankets were provided for asylum Seekers and 14 sent to Ethiopia for the Hamlin fistula patients. o Line dancing Two Choir groups o Airedale Symphony Orchestra Two dance groups Adult Ballet Class Seated dance group Two walking groups Pilates group o Gardening grotjp o Karate group Ukelele Group Alcoholics Anonymous Mantalk- this has members from outside the Church and meets to discuss politics, religion. newspaper article5. They have sent letters to the local MP, provided duvets to the homeless and provided mutual pastoral work. o Prayer Group Church Cell Group o Social group- this began in the pandemic and provides company for those who are isolated and may have been recently bereaved. Good friendships have been made amongst the 20 or so attendees. o Two weight loss groups o Unique Volces- supports adults with learning difficultie5 to live the best life possible.
Counselling provision o The volunteers of "Wellbeing at Wesleys" (which is part of the national "Renew Wellbeing" movement). provided two session5 per week at Wesleys for people experiencing anxiety and Isolation. Mindful activities included drawing, glass-painting, games, jlg-saws, and the thance just to tje quiet. There are thirteen rooms that can be hired out for ad hoc activities. These include a fully professionally equipped kitchen and the new Den area which has relaxed seating for a more informal setting, it also provides extra space for Wesleys Café and Stay and Play. The 2021 Worship review plans continued to be put into action with more explanations given throughout services regarding aspects of worship, use of new online resources, baby and toddler group throughout the Sunday service at the back of Church and regular all age services. The junior Church format of Stay and Play continued to be a huge success with over twenty families visiting. Many were new to the Church, attending on a Sunday morning for a drop in craft and play session with a theme each week that reflected a bible story. Light refreshments were made available, and the families were invited to join the main congregation at the end of the service when the children showed what they had made and tell the adults about the story thev heard. The families were invited to stay for coffee after the service. Although we had a few deaths throughout the year and some people moving away or transferringi church membership remained constant with new people being received into membership. At the end of the year church membership totalled 142 'in addition to church member5 16 regular attenders are linked to a pastoral visitor. There are 20 pastoral visitors. Pastoral care took place regularly to those who can no longer attend Church and not just by the lay pastors and ministers but also by other members of the Church family, and pastoral visitors. There are number of Friends of BMC i.e. how many we send information out to. We have over 1,300 named individuals on our database. We circulate via mail-chimp Ix weekly newsletter and Ix monthly what's on newsletter to over 350 individuals. We have great statistlcs.. 0% bounce rates 0% unsukiscribe rates. Nearly 50% of subscribers open their e-mails. A well-attended praise seNice took place once a month on a Sunday afternoon. There were a Series of Sunday morning services with the theme being based on the Fruits of the Spirit. Thls was very well received once again, building on the Jesus-shaped people programme from previous years. The content dovetailed well with activities in Stay and Play. £5427 was raised for different causes throughout the past year, mostly via the monthly appeal in Church, Give for Others IGIFOI. This included a wide variety of national and international charities such as: Manorlands Sue Ryder, All we can, Actlon for Children, Toilet Twinning, Medicans sans Frontiers, Methodist Fund for Human Need, World Mission, Shelter, Christian Aid, Yorkshire Air Ambulance, Yorkshire Dales Environmental Trust, Zarach. In Wesleys Cafe, Art in the café hosts art pieces by a variety of local artists and is changed each month. In October 2023 the annual Macmillan coffee morning was held and once again was well supported with sizeable amount ralsed for the cause. We provide a "Community Pantrty, which operates on a "help yourself to what you need todav and "bring an item if you have something to spare. In late November 2023, the annual toy service was held. Good quality gifts were donated to a local community centre where parents experiencing financial hardship can 'buy' presents through a free voucher scheme. During the Winter of 2023/24 the Church was designated an official Warm Space and free soup and a roll made available to those who needed this provision enabled in a discrete manner. We registered as such with Bradford Council and with the Warm Welcome national website. As such we received grants last year from both Bradford Council IDWP funds) and from the Methodist District.
The Church was open as part of the annual Baildon festival, "Baildon at Christmas., Food was served in Wesleys, stalls, children's crafts, and a musical programme were all part of the fun. Thank you lunch for leaders of church groups and activities was held. Plus, a thank you tea for other volunteers Icafe and Well-being at Wesleysl Carol singers from the Church went around homes in the village at Christmas time. Spreading Christmas cheer within the community. One Saturday in December mince pies were handed out to people in Baildon village centre, along with an invitation to them to join the congregation at our Christmas carol celebration. Traditional Christmas lunches were made available during December 2023. Wesleys cafe in the past year has provided free meals to parents Wlth children who are struggling with food costs during school holidays. Wesleys is open five and a half day5 per week. During Lent the Church participated in Churches together in Baildon Lenten Lunches. A simple lunch was eaten in a different Church each week and a topic discussed relating to the season of Lent. A Good Friday reflection was held at Easter along with distribution of Hot Cross buns to people in the village centre. Various building projects were completed- Refurbishment of the Sanctuary. The old, suspended ceiling was removed and the original curved ceiling reinstated. Completely repainted, new carpet and new modern LED lights. All work was completed within 7 weeks including work teams, made up from church members, removing everything from the church, storing it In a container- that we had on hire for the duration- then returning it all following completion. Refurbishment of the old 'stewards' room, making it into a modern pleasant office for the newly employed Administrative Assistant to work from. New office furniture, computer, phone, colour printer along with other necessary office equipment, was purchased. All the thermostats in the building were converted to 'Wi-Fi ' thermostats to enable heating to be controlled centrally and more easily with the result of better control of heating costs. o The old, heavy manual doors, at the entrance into Wesleys Cafe and the church were replaced with new automatic sliding doors, making getting into the building safer and more welcoming. A larger butt was installed to catch rainwater for use by the gardening team to help reduce water use from the mains supply. The Gardening team maintain the church gardens these are members of the congregation, with a good knowledge of horticulture, who have catalogued the plants to understand the variety of plants and how they support wildlife. A dedicated Facebook page was used to tell the community what was happening at Church each week. Alerts were also posted providing information about Stay and Play activities. A weekly communication, Bits & Pieces. sharing Church news along with a monthly communication,. "What's On" are sent to email recipients. Throughout the year a team of flower arrangers provide displays for the Church. these were then dismantled and the flowers (which were donated by Church members) distributed to members and friends of the Church, sometimes for specific reasons, and sometimes just as a lovely surprise. Church members continued to support two Ghanaian villages- Kaleo and Dunjagu. Wesleys Café, continued to flourish. Providing hot meals, drinks, snacks and companionship. WellheinE sessions take place every Monday and Wednesday to provide an opportunity to have space to focus on wellbeing. Support is present for those attending and opportunities for signposting to specialist intervention made available. Wesleys Community Hub agreed to act as the "Voluntary Anchorf, project on the Bingley Bubble Community Health Partnership, which covers our part of Baildon. Enjoyment of the many activities which occur at Church was evident along with the comfort and companionship they offer all ages within the community.
FINANCIAL REVIEW Despite day-to-day costs increasing, the church remains in a steady financial position. Money raised from traditional collection 15 falling year-on-year,. income from room booking remains good but constant as we approach the room letting capacity of the building,. income from Wesleys grew significantly compared to previous years.
PIANS FOR FUTURE PERIOD5 To continue to embed the prioritles reached by the worship review Into the Ilfe of the Church conducted In 2021 To build on the success of the Fruits of the Spirit series with other serles based on spiritual themes Continue to encourage the interaction of younger members of the Church with the function5 of Church life To contlnue to value the efforts of those who help mal(e Balldon Methodist Church a vltal part of Baildon vlllage life provlding opportunlties for fellowship, sociali51n& learning new sk5115 and community outreach Continue to communlcate with friends of the Church using the mechanisms above and new one5 that may be identified. Providlng pastoial care to all worshippers whether members of the Church or not To continue to campaign for environmental awareness and action Maintaln a vlgSSant approach to our energy usage and invest In large scale solar panel Installations to help offset the increa51ng energy costs. To progress the ongoSng maintenance of the Church buildings to enable continued maxlmisation of use now and in the future. To build on the establishment ol the"Wellne55 al Wesleys" twlce weekly meetlng for people who are 1501ated, anxious or In need to individual support. To contiiiue to support those affected by the Cost-of-Llving Crlsls. We are explciring ways to use some of a Bingley Bubble Voluntary Anchor graiit to us, to trial an advice 5eivice for people experiencinglsnancial difficultie5 related to the c05t of. living crisi5, and to provide more health and wellbelng support. We are a1501001(Ing at ways In which we mlght engage with Bradford Clty of Culture. The trustees declare that they have approved the Trustees Report above. 51gned on behalf of the CharltV5 Trustees n/J AL_JLL/ Rev Nlck Blundell Dawn Jankowlcz On behalf of the Mlnlsterl31 Team Churth Council Secretary 2021122
Baildon Methodlst Church Statement of Trustees, accounting and reporting responsibilities The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements. the Trustees are required to.. Select suitable accounting policies and then apply them consistently,. Observe the methods and principals in the Charities SORP; Make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and Prepare the financial statements on the going concern basis unless It is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial posltion of the charity and enable then tom ensure that the firiancial statements comply with the Charities Act 2011. the Charity (Accounts and Reportsl Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's webslte. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Baildon Methodist Church Independent Examinerfs report to the Trustees of Baildon Methodist Church I report to the trustees on my examination of the accounts of Baildon Methodist Church for the year ended 31 August 2020. This report is made solely to the Charity's Trustees, s a body, in accordance with Section 145 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the Charity's Trustees those matters l an required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed. Responslbilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the account5 in accordance with the requirements of the Charities Act 20111'the Act,). I report in respect of my examination of the Trust'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{51{b) of the Act. Independent Examiner's Statsment Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirmed that l am qualified to undertake the examination because l am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 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: l. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. The accounts do not accord with those records,. or 3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered a5 part of an independent examination,. or 4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 4L4Lle 21" March 2025 J S White & Co Limited 25- 29 Sandy Wav Yeadon Leeds LSIg 7EW
Baildon Methodist Church Declaration of Scrutlny for the year 8nded 31 August 2024 l confirm that these accounts for the year to 31sI August 2024 have been prepared from the records of the Chur¢h and they inGlude all funds under the ontrol of the Church Trustees. Treasurer and Trustee 20th March 2025 Gary Plcken 69 Springfield Road Baildon Shipley West Yorkshlre BD17 5LX
Baildon Methodist Church Declaration of Scrutiny for the year ended 31 August 2024 I confirm that these accounts for the year to 31st August 2024 have been prepared from the records of the Church and they include all funds under the control of the Church Trustees. Treasurer and Trustee 20th March 2025 Gary Picken 69 Springfield Road Baildon Shipley West Yorkshire BD17 5LX
Baildon Methodist Churth Bal4nce Sheet as at 31 August 2024 2024 2023 Notes Current Assets Debtors Cash at bank and In hand io 6,190 264,448 270,638 9,736 304,330 314,066 Current Llabllltl¢s Credltors= Amounts falllng due wlthin on year 62,170 li 15,245 Net Current Assets 255.393 251.896 Credltors.. Amounts falling due over one year 12 19,299 59,713 Net Assets 236,094 192,183 Funds of the Charlty: Unre5trlcted Restricted Total Funds 14 14 129,661 106,433 236,094 90.309 101.874 192,183 The notes on page5 17 to 23 form part of these Flnancl31 Statements. es and signed on their behalf by.. The Flnanclal Statements were approve by the Trust Gary Plcken .Trustee Date:
Baildon Methodist Church Statement of Cash Flows for the year ended 31 August 2024 2024 2023 Cash flows from operatlng activities: Net Cash lused inl operating activities.. Below 56,050 169,849 Cash flows from Inve5tinE activities Interest received Net cash provided by investing activities 16,168 16,168 10,807 10,807 Cash flows from financial activities Cash in flows from new borrowing Net cash provided by financinE activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 39,882 304,330 264,448 180,655 123,675 304,330 Reconclllatlon of Net Movement in Funds to Net Cash Flow from Operatlng Activities 2024 2023 Net movement in funds Interest Received Increase in debtors Increase in creditors 3,498 16,168 3,545 46,925 56,050 137,330 10,807 2,702 46,028 169,849
Baildon Methodist Church Notes to the Financlal statements for the year ended 31 August 2024 2. Crltlcal accounting estlmates and judgements In the application of the Church's accounting policies, the Trustee5 are required to make judgements, estimates and assumptions about the carrying amount of 35sets and liabilities that are not readlly apparent from other source5. The estimates and associated assumption5 are based on historical experience and other factors that are considered to be relevant. Actual result5 may differ from these estimates. The estimates and underlying a55umption5 a reviewed on an ongoing ba515. Revisions to accountine estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revislon and future periods if the revision affects both current and future period5. 3. Income from donatlons and offerings 2024 2023 Legacies Offerings and donations Gift Aid Grants received Room Letting Loan Repayment 14,746 103.651 14.850 40,605 77,217 34,261 133,247 152,083 4. Income from other tradlng activitles 2024 2023 Book & Card Stall Electricity Premises lettings Fundraising Gift Aid Tax Reclaim 386 3,956 51,193 349 5,134 41,780 23,539 79,074 19,025 66,288 5. Other Income 2024 2023 Catering Income Weddings and funerals Room Letting See & Know funds Feed in tarrif TMCP Interest TMCP Legacy 8,033 390 42,502 51.193 807 52,968 1,628 3,979 2,855 344,145 455,947 52,553 6. Income from Investments 2024 2023 Interest on cash dep051ts Interest to Big Fund 3,632 12,537 16,168 1,928 8,879 10,807
Baildon Methodist Church Notes to the Financial statements for the year ended 31 AuBUSt 2024 7. Expenditure on charltable a¢tivitie5 2024 2023 Staff Costs (Note 81 Circuit assessment Building Cost ank Charges Donations Repair and maintenance Utilities and Insurance Mission and publicity Cleaning and other costs Licence cost Catering GIFO Paid out Grants paid out Fuel Big Fund Loan repayment & Interest Benevolence Fund Other Misc Restricted Funds Total Expenditure 55,701 74,823 44,612 60 70 9,697 36,782 4,437 4,611 969 68 5,152 16,194 32,330 3,104 50 1,592 11,538 237,131 46,493 72,119 219,179 62 6,035 8,603 31,544 5,554 2,187 649 64,427 2,020 28,513 487,385 8.Employment Costs 2024 2023 Staff costs comprlse: Wages and salaries Social Security Pension Costs 51,699 1,165 2,837 55,701 43,290 897 2,306 46,493 The Church had 5 employees12023- 5 employees) during the year. No employee received remuneration in excess of £60,00012023- no employee). No Trustees received any remuneration of benefits during the year12023 - no trustees) The Trustees are considered to be the key management personnel of the church. During the year, there were no expenses paid to the trustees12023 - no expensesl-
Baildon Methodist Church Notes to the Financial Statements for the year ended 31 August 2024 10. Debtors 2024 2023 Other Debtors 6,190 9.735 11. Creditors: amounts falling due wlthin one year 2024 2023 Note Accruals Loan Balance 1,500 13,745 15,245 48,432 13,738 62,170 12 12. Creditors: amounts falllng due afte one year 2024 2023 Loan Balance 19,301 59,713 The Methodist Chapel Aid loan. which Is secured by legal charge over Baildon Methodist Church, is repayable over 15 year. Interest is charged at 2.9Yo per annum. The loan, which is not secured, is repayable over 12 years by way of capital and interest payments. Interest is charged at 1.8% per annum. At 31 August 2024 the loan was repayable in annual instalments as follows: 2024 2023 In one year or less Between one and five years After five years by instalment5 Total borrowings 13,745 19,301 33,046 13,738 59,713 73,451 13. Flnancial instruments 2024 2023 Carrylng amount of financial assets.. Financial assets carried at amortised cost Carrying amount of financlal liabilities: Financial liabilities carried at amortised cost 270,638 314,065 34,546 121,883
Baildon Methodist Church Notes to the Financial statements for the year ended 31 August 2024 14. Movement of funds Balance at I September 2023 Balance at 31 August 2024 As at 31 August 2024 Income Expenditure Transfers Restricted funds: Big Fund Other Funds 322,137 114,606 424,009 20,203 101,872 134,809 89,104 41,146 130,250 296,635 403,066 106,431 Unrestrlcted funds.. General funds Total funds 90,311 146,233 192,183 281,042 106,881 237,131 129,663 236,094 Balance at I September 2022 Balance at 31 August 2023 As at 31 August 2023 Income Expenditure Transfers Re5trlcted funds: Big Fund Other Funds 120,222 112,053 40,361 428,563 79,861 540,616 313,968 44,915 358,883 322,137 424,009 101,872 Unrestricted funds.. General funds Total funds 74,303 144,510 5,558 685.126 128,502 487.385 90,311 192,183 Purpose of restricted funds: Blg fund..funds for the 'Fold' a building within the church grounds which will be used for various community and church uses. The church wll continue to fundraise in the comlng year. Other funds: various small balances given to the church for a particular use. Transfers between funds represent the use of funds from legacies towards the building of the 'fold'.
Baildon Methodist Church Notes to the Financlal statements for the year ended 31 August 2024 15. Analysis of net assets between funds As at 31 August 2024 Unrestricted Restricted Total Current assets Current liabilities Long term liabilities 85,055 1,500 185,583 13,745 19,301 152,537 270,638 15,245 19,301 236,092 83,555 As at 31 August 2023 Unrestricted Restrlcted Total Current assets Current liabilities Long term liabilities 79,419 17,515 234,646 44,655 59,713 130,278 314,065 62,170 59,713 192,182 61,904 16. Related party transactions There are no related party transactions during the year12023'. no transactions).