Charity registration number: 1128822
## Green Street Green Baptist Church
Annual Report and Financial Statements
for the Year Ended 31 March 2025
Field Sullivan Ltd 9 Hare & Billet Road Blackheath London SE3 0RB
## **Green Street Green Baptist Church**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 6|
|Independent Examiner's Report|7 to 8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the Financial Statements|11 to 20|
## **Green Street Green Baptist Church**
## **Reference and Administrative Details**
**Trustees** Colette Burchill Alex Gamby Kenneth Gamby Nicholas Grahame Vic Harvey Patrica Howes Michael Ruffhead David Wood **Charity Registration Number** 1128822 **Principal Office** 1 World End Lane Green Street Green Orpington Kent BR6 6AA **Independent Examiner** Field Sullivan Ltd 9 Hare & Billet Road Blackheath London SE3 0RB **Bankers** Santander UK plc BBAM Bridle Road Bootle Merseyside L30 4GB
Page 1
## **Green Street Green Baptist Church**
## **Trustees' Report**
The Trustees present their report and accounts for the year ended 31 March 2025.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution, the Charities Act 1993, and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
## **Structure, governance, and management**
The charity is a trust governed by a constitution adopted on 24 September 2008.
The Trustees who served during the year were:
Colette Burchill
John Doughty (retired 31 December 2024)
Alex Gamby Ken Gamby (appointed 1 January 2025)
Nick Grahame (appointed 1 January 2025)
Vic Harvey Robert Mumford (retired 31 December 2024)
Mike Ruffhead
David Wood
The appointment of Charity Trustees is undertaken by processes that are public, clear, and open so that all church members are enabled to consider prayerfully who should be appointed as charity trustees. The process ensures that notice is given of any forthcoming election so that church members may freely nominate prospective Charity Trustees whose names shall be submitted (after they have indicated a willingness to be appointed) for decision to the church members with the intention of ensuring that those appointed have a sufficient level of support from them.
Charity Trustees (except for those in ministerial office) shall be appointed for one term of three years with the opportunity to be nominated for one further three-year term only that must be followed by a vacant year when they shall not be eligible for reappointment. The church members meeting shall arrange for the appointment of a church secretary and church treasurer (or equivalents) who by the nature of their responsibilities will also function as charity trustees.
Existing Trustees ensure that new Trustees are aware of their legal obligations under charity law together with the operations of the charity. The Church Secretary undertakes induction training of any newly appointed Trustees with reference to the advice and guidance provided by the Baptist Union.
David Wood is the Minister, Mike Ruffhead is Church Secretary, Pat Howes is Church Treasurer, and the other Trustees are also known as Deacons.
Page 2
## **Green Street Green Baptist Church**
## **Trustees' Report (continued)**
The day-to-day management and governance of the church is undertaken by the Trustees. The Trustees are also responsible for the maintenance and repair and other financial aspects of the church building on behalf of the church so that, unless there is any good reason why they should refuse to do so, they should act in accordance with the wishes of the church which would, in practice, provide the necessary finances. The Trustees are also liable to ensure that the church (that is the building) is used for worship in accordance with the terms of the constitution, church policies and the doctrinal basis.
The Trustees have oversight of all Church activities and provide guidance and direction to members of staff on policy and plans, as necessary. All major decision making is referred to the Church Members’ Meeting which has the final say on matters of policy and expenditure of any sums in excess of three thousand pounds.
The day to day running of the church’s activities is delegated by the Trustees to teams who are appointed by the church members as follows:
• A Ministry Team, responsible for preaching and teaching, discipleship and training, worship and services, and pastoral matters.
• A Practical Team, responsible for the maintenance of the site, buildings, and equipment, security, cleaning, and catering.
• A Church Life group which provides an umbrella for the teams responsible for the things we do together as a church, including Events and Evangelism, Children and Young People’s work, ministry to the Elderly, Mission, and Small Groups.
Regular reports from these teams are reviewed at the Trustees’ meeting.
The church is affiliated to the Baptist Union of Great Britain and the London Baptist Association.
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate exposure to these risks.
• Properties. Both the Manse, Church buildings and contents are fully covered against loss or damage by comprehensive insurance policies, which also provide cover against third party risks.
• Staff. Were vacancies to occur due to ill-health or natural turn-over of staff, it would be expected that volunteers from within the fellowship would provide cover to maintain the church’s usual activities until suitable new appointments could be made.
• Finance. As a matter of policy, the church seeks to maintain a minimum balance equivalent to two months’ salaries of staff, which would allow for adjustments to be made in the event of a significant shortfall in regular income.
• Fabric. A programme of major improvements and upgrades to the buildings have been carried through in the past decade, but there is a likelihood of further major expenditure on maintenance of the fabric in the medium term, specifically to the main roof. The Trustees have established a sinking fund to build up a reserve of funds to address this risk.
Page 3
## **Green Street Green Baptist Church**
## **Trustees' Report (continued)**
## **Objectives and activities**
The charity's object is the advancement of the Christian faith according to the principles of the Baptist denomination. The charity may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
The Trustees have paid due regard to guidance issued by the Charity Commission on public benefit in deciding what activities the charity should undertake, and, in particular, the specific guidance on charities for the advancement of religion.
During the year, the main ways the church sought to achieve the calling of Christ upon it and its charitable purposes for the public benefit have been as follows:
_Fulfilling the objectives in teaching, preaching and ministry._ This was both in the normal teaching in the church on Sunday during services and midweek meetings, which are open to all. Church members and regular attendees also have the opportunity to receive prayer and pastoral support as appropriate. The church runs various activities where teaching, preaching and ministry play a part including youth and children's meetings and events, Bible studies, prayer meetings, and various small groups. An overtly evangelistic ministry – Worship and Witness on the Streets - was also started during the year.
_Impacting the next generation._ The church employs two part time youth workers (a husband-and-wife team) and a part time children and families’ worker. This arrangement continues to be very positive and has enabled a varied children’s and youth programme to be pursued, including regular and special events. A particular emphasis of the children’s and families work is with the local primary schools, where our worker regularly takes assemblies and contributes to the spiritual life of the school. Our children and families’ worker also works with Spinnaker Trust providing assemblies in other Primary schools across the wider Orpington area. The church runs “Messy Church” once a month on a Saturday afternoon which provides an outreach to families with young children who may be unable or unwilling to attend church on Sunday mornings.
_Practical help and care in the community._ Practical care normally includes visiting the elderly, providing a parent and toddlers group for non-church members, running a Short-Mat Bowls Club, Girls Brigade, a Tea Room for older folk, a Lunch Club which again is aimed primarily at the elderly and lonely, and a weekly “Warm Hub” providing a warm space and free soup and refreshments to anybody in need. Several of our members are also involved with the Street Pastors initiative, patrolling the town centre to offer help to anyone in need. Additionally, we provide accommodation for the meetings of the local AA (Alcoholics Anonymous), Safer Neighbourhood, and Foetal Alcohol Syndrome groups and also provide facilities for an Art Class and a Craft Club which meet in the church premises on a weekly basis.
_Bringing support to organisations working elsewhere both in the United Kingdom and overseas._ This support has primarily been through building personal relationships with other Christian organisations and then providing practical and financial assistance. The financial assistance is set out in the notes to the accounts. We have a member who takes an active lead on reporting to the church on our Mission projects and arranges for speakers from the various organisations we support to attend Sunday meetings at the church.
Page 4
## **Green Street Green Baptist Church**
## **Trustees' Report (continued)**
_Plans for the Future._ The Church has committed to the Natural Church Development (NCD) process which involves a wide-ranging survey of the congregation to identify strengths and weaknesses and development of a plan to address weaker areas over a period of several years. Recent initiatives have included the development of a Prayer Ministry team to provide dedicated prayer support to members of the congregation.
## **Achievements and performance**
The church has successfully continued to undertake all the activities listed above.
A great contribution is made by volunteers. We are grateful for the many hours that volunteers have spent undertaking various roles and jobs around the church. Without this valuable contribution of time, energy, and expertise we would not have been able to achieve so much.
The members of the church have consistently been applying the principles of church life outlined in the New Testament to be 'salt and light' in the community, in the places they live and work and in having an impact on social attitudes in wider national society. This is a significant part of the purpose of the church and much of it is done without publicity and the amount of time spent in this way cannot be quantified.
One Church Member passed away, and four other Members either moved away or transferred their membership to other churches. However, we were pleased to welcome three new folks into Membership during the year.
An unprecedented 34 baptisms were carried out during the year – mainly as a result of two other local churches making use of our facilities. One funeral and one wedding have been conducted during the year.
## **Financial review**
10% of our income is tithed to support other Christian organisations/workers and is detailed further in the notes to the accounts; the church meeting reviews and agrees how this is to be allocated.
It is the policy of the charity that cash and bank balances which have not been designated for a specific use should be maintained at a level equivalent to two month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Two month's expenditure on unrestricted funds amounts to approximately £20,000. Unrestricted bank balances amounted to £17,358 at the balance sheet date. Other than staff salaries which account for approximately 60% of expenditure, the main expenses were on the day to day running and maintenance of the premises including £4,230 spent on plumbing,
Grant Making and Fund Raising are not a material part of the church’s charitable activities.
Page 5
## **Green Street Green Baptist Church**
## **Trustees' Report (continued)**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities 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 principles 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 position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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 corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Michael Ruffhead Trustee
Page 6
## **Green Street Green Baptist Church**
## **Independent Examiner's Report to the trustees of Green Street Green Baptist Church**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this 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 work, for this report, or for the opinions I have formed.
## **Responsibilities and basis of report**
As the charity trustees of Green Street Green Baptist Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Green Street Green Baptist Church'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(5)(b) of the Act.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
## **Independent examiner’s statement**
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:
1. accounting records were not kept in respect of Green Street Green Baptist Church as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
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.
Page 7
## **Green Street Green Baptist Church**
## **Independent Examiner's Report to the trustees of Green Street Green Baptist Church (continued)**
...................................... Tim Sullivan FCA ICAEW 9 Hare & Billet Road Blackheath London SE3 0RB Date:.............................
Page 8
## **Green Street Green Baptist Church**
## **Statement of Financial Activities for the Year Ended 31 March 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Charitable activities
4
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
16|**Unrestricted**
**£**
159,578
5,427
436
165,441
(138,676)
(138,676)
26,765
81,812
108,577|**Restricted**
**£**
7,064
1,928
-
8,992
(17,460)
(17,460)
(8,468)
535,420
526,952|**Total**
**2025**
**£**
166,642
7,355
436
174,433
(156,136)
(156,136)
18,297
617,232
635,529|**Unrestricted**
**£**
161,245
7,296
122
168,663
(130,295)
(130,295)
38,368
43,444
81,812|**Restricted**
**£**
4,536
600
-
5,136
(12,300)
(12,300)
(7,164)
542,584
535,420|**Total**
**2024**
**£**
165,781
7,896
122|
|---|---|---|---|---|---|---|
|||||||173,799|
|||||||(142,595)|
|||||||(142,595)|
|||||||31,204
586,028|
|||||||617,232|
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 16.
The notes on pages 11 to 20 form an integral part of these financial statements. Page 9
## **Green Street Green Baptist Church**
## **(Registration number: 1128822) Balance Sheet as at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
12
**Current assets**
Debtors
13
Cash at bank and in hand
**Creditors: Amounts falling due within one year**
14
**Net current assets**
**Total assets less current liabilities**
**Creditors: Amounts falling due after more than one year**
15
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
**Unrestricted income funds**
Unrestricted funds
**Total funds**
16|**2025**
**£**
529,238
33,003
87,241
120,244
(6,953)
113,291
642,529
(7,000)
635,529
526,952
108,577
635,529|**2024**
**£**
535,672
34,097
68,160|
|---|---|---|
|||102,257
(9,716)|
|||92,541|
|||628,213
(10,981)|
|||617,232|
|||535,420
81,812|
|||617,232|
The financial statements on pages 9 to 20 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:
.........................................
Michael Ruffhead Trustee
The notes on pages 11 to 20 form an integral part of these financial statements. Page 10
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025**
## **1 Charity status**
The charity is domiciled in England and Wales.
The address of its registered office is: 1 World End Lane Green Street Green BR6 6AA
## **2 Accounting policies**
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102) - Second edition October 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Green Street Green Baptist Church meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Judgements and key sources of estimation uncertainty**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that period, or in the period of the revision and future periods where the revisions affects both current and future periods.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Page 11
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## _**Donations and legacies**_
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## _**Grant provisions**_
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Page 12
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
**Asset class** Land and buildings Furniture, fittings and equipment
**Depreciation method and rate** buildings only over 50 years between 3 and 5 years
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 13
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
Gift aid reclaimed
**4**
**Income from charitable activities**
Other church activities, clubs and
events
Rental income
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**General**
**£**
131,017
28,561
159,578
**Unrestricted**
**funds**
**General**
**£**
4,579
848
5,427|**Restricted**
**funds**
**£**
6,604
460
7,064
**Restricted**
**funds**
**£**
1,928
-
1,928
**Unrestricted**
**funds**
**General**
**£**
436|**Total**
**2025**
**£**
137,621
29,021
166,642
**Total**
**2025**
**£**
6,507
848
7,355
**Total**
**2025**
**£**
436|**Total**
**2024**
**£**
135,536
30,245|
|---|---|---|---|---|
|||||165,781|
|||||**Total**
**2024**
**£**
6,677
1,219|
|||||7,896|
|||||**Total**
**2024**
**£**
122|
Page 14
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **6 Expenditure on charitable activities**
|Grant funding of activities
Staff costs
Catering
Utilities and insurance
Staff training
Repairs and maintenance
Trade subscriptions
Books and resources
Social events and trips
Other direct costs
Depreciation of freehold property
Depreciation of fixtures and fittings
Childrens' club
Support costs|**Total**
**2025**
**£**
21,119
69,320
2,990
14,929
910
8,335
2,292
432
8,358
1,581
7,734
1,561
2,740
13,835
156,136|**Total**
**2024**
**£**
19,512
65,950
2,574
12,808
367
8,196
2,648
191
2,636
1,883
7,734
1,703
2,413
13,980|
|---|---|---|
|||142,595|
## **7 Analysis of governance and support costs**
## **Support costs**
|Staff costs
Administration
Independent examination
Office expenses
Interest payable|**Total**
**2025**
**£**
5,799
3,956
3,060
1,004
16
13,835|**Total**
**2024**
**£**
4,899
4,242
2,970
1,267
602|
|---|---|---|
|||13,980|
Page 15
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **8 Trustees remuneration and expenses**
During the year the charity made the following transactions with trustees:
## **David Wood**
David Wood received remuneration of £36,435 (2024: £34,700) during the year.
The only other benefit received by a trustee was employers contribution to pension for David Wood £906. During the year, the trustee donated £3,520 to the church.
## **9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Related party transactions**
There were no related party transactions in the year.
## **11 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2025**
**£**
73,798
54
1,267
75,119|**2024**
**£**
69,660
-
1,189|
|---|---|---|
|||70,849|
The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
|Ministerial staff
Administrative staff|**2025**
**No**
4
1
5|**2024**
**No**
4
1|
|---|---|---|
|||5|
No employee received emoluments of more than £60,000 during the year
Page 16
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **12 Tangible fixed assets**
|**Cost**
At 1 April 2024
Additions
Disposals
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
Eliminated on disposals
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024|**Land and**
**buildings**
**£**
605,473
-
-
605,473
71,263
7,734
-
78,997
526,476
534,210|**Furniture and**
**equipment**
**£**
53,800
2,861
(599)
56,062
52,338
1,561
(599)
53,300
2,762
1,462|**Total**
**£**
659,273
2,861
(599)|
|---|---|---|---|
||||661,535|
||||123,601
9,295
(599)|
||||132,297|
||||529,238|
||||535,672|
The charity uses land and buildings at Worlds End Lane, Green Street Green, Orpington, Kent and Stapleton Road, Orpington, Kent which are beneficially owned by the charity and held in trust by the London Baptist Property Board.
## **13 Debtors**
|**13 Debtors**|||
|---|---|---|
|Prepayments
Other debtors|**2025**
**£**
4,033
28,970
33,003|**2024**
**£**
3,904
30,193|
|||34,097|
Page 17
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **14 Creditors: amounts falling due within one year**
|Other loans
Other taxation and social security
Accruals
**15 Creditors: amounts falling due after one year**
Other loans
**16 Funds**
**Balance at 1**
**April 2024**
**£**
**Unrestricted fund**
69,405
**_Designated_**
Tithes fund
5,854
Sinking fund
5,000
Heating Relief/ Hardship
230
Gift Day
1,323
12,407
**Total unrestricted funds**
81,812
**Restricted funds**
London Baptist Property Board
Fund
534,211
Special offerings and events
1,209
535,420
**Total funds**
617,232|**Incoming**
**resources**
**£**
165,441
-
-
-
-
-
165,441
-
8,992
8,992
174,433|**Resources**
**expended**
**£**
(123,276)
(15,200)
-
(200)
-
(15,400)
(138,676)
(7,734)
(9,726)
(17,460)
(156,136)||**2025**
**£**
2,000
848
4,105
6,953
**2025**
**£**
7,000
**Transfers**
**£**
(21,097)
16,097
5,000
-
-
21,097
-
-
-
-
-||**2024**
**£**
5,019
827
3,870|
|---|---|---|---|---|---|---|
|||||||9,716|
|||||||**2024**
**£**
10,981|
|||||||**Balance at**
**31 March**
**2025**
**£**
90,473|
|||||||6,751
10,000
30
1,323|
|||||||18,104|
|||||||108,577|
|||||||526,477
475|
|||||||526,952|
|||||||635,529|
Page 18
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
## **Prior year**
|**Unrestricted funds**
**_Designated_**
Tithes fund
Sinking fund
Heating Relief/ Hardship
Designated Funds D
**Total unrestricted funds**
**Restricted funds**
London Baptist Property Board
Fund
Special offerings and events
**Total funds**|**Balance at 1**
**April 2023**
**£**
40,384
2,580
-
480
-
3,060
43,444
541,945
639
542,584
586,028|**Incoming**
**resources**
**£**
157,193
-
-
-
11,470
11,470
168,663
-
5,136
5,136
173,799|**Resources**
**expended**
**£**
(107,745)
(13,300)
-
(250)
(9,000)
(22,550)
(130,295)
(7,734)
(4,566)
(12,300)
(142,595)|**Transfers**
**£**
(20,427)
16,574
5,000
-
(1,147)
20,427
-
-
-
-
-|**Balance at**
**31 March**
**2024**
**£**
69,405|
|---|---|---|---|---|---|
||||||5,854
5,000
230
1,323|
||||||12,407|
||||||81,812|
||||||534,211
1,209|
||||||535,420|
||||||617,232|
The specific purposes for which the funds are to be applied are as follows:
Tithes fund – receives money, set aside by the trustees from donations received, for the purpose for making grants to Christian workers and organisations, in line with the policy of the church to tithe all income.
Sinking fund – Church building repairs, projects, equipment repairs and replacements.
Heating Hardship - anticipated requests for help with people's heating bills during the winter. No requests were made, but we kept the fund against next winter.
London Baptist Property Board Fund – Represents property and funds for the development of property.
Special offerings and events – Monies received from one off events and other specific purposes.
Building fund – Money received toward costs of development of the building.
Page 19
## **Green Street Green Baptist Church**
## **Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)**
Transfers from the general account to the tithes fund are calculated at 10% of income each month. In 2024-25 £16,097 was transferred into the Tithes fund and £15,200 paid out.
The sinking fund was set up with anannual transfer from the general fund of £5,000 for major repairs.
## **17 Analysis of net assets between funds**
|Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets|**Unrestricted funds**
**General**
**£**
**Designated**
**£**
2,761
-
101,665
18,104
(6,953)
-
(7,000)
-
90,473
18,104
**Unrestricted funds**
**General**
**£**
**Designated**
**£**
1,462
-
88,640
12,407
(9,716)
-
(10,981)
-
69,405
12,407|**Restricted**
**funds**
**£**
526,477
475
-
-
526,952
**Restricted**
**funds**
**£**
534,210
1,210
-
-
535,420|**Total funds at**
**31 March**
**2025**
**£**
529,238
120,244
(6,953)
(7,000)|
|---|---|---|---|
||||635,529|
||||**Total funds at**
**31 March**
**2024**
**£**
535,672
102,257
(9,716)
(10,981)|
||||617,232|
Page 20