CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Marshalswick Baptist Free Church On accounts for the year ended 31 December 2025 Charity no 1129235 Set out on pages 1 to 8 (One to Eight) including these 2 pages I report to the trustees on my examination of the accounts of the above charity I'the Trust") for the year ended 3111212025. Responsibilities and basis of report As the charity's trustees. you are responsible for Ihe preparation of the accounts in accordance with the requirernents of Ihe Charities Acl 2011 lllhe Act-l. 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 sedion 145(5){bl of the Act. Independent I have cornpleted my examination. I confimi that no material matters have examiner's statement come to rlly attention in connection with Ihe 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 Act- or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable 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 lo which allenlion should be drawn in this report in order to enable a proper understanding ofthe accounts to be reached. Signed: D Warren Date: 0310212026 Name: Darren Warren - Paxton Independent Examiners Relevant professlonal qualification{s) or body (if any): FMAAT Address: 61a High Street South Rushden, Northants NN10 ORA Page l of8
Section B Disclosure Only complete if the examiner needs lo highlight material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners}. Give here brief details of any items that the examiner wishes to disclose. P3ge2of8
MARSHALSWICK BAFtIst FREE CHURCH CHARrrY NUMBER: 1129235 FINANCIAL STATEMENT FOR THE PEIUOD I JANUARY 2025 TO 31 DECEMBER 2025 RECEIPTS & PAYMENT ACCOUNT Unrestricted Restricted funds funds Total funds Last year Note £ Al Receipts Voluntary income Raised for other causes (b) (c) (d) (e) (o 62,365 161 10,699 1,455 2.804 73,064 1,616 3,250 38,714 1,716 118,360 73,022 2,(198 5,763 36,405 9,771 127,059 Investment income Hall hire 38,714 1,716 103,402 Other income 14,958 A2 Assets & Investments sales Total receipts 103,402 14,958 118,360 127,059 A3 Payments Ministry costs Donations to other causes (g) (h) (i) IJ) (k) 38,226 10,230 10,458 24,564 7,144 90,622 1,739 38,226 11,879 10,458 24,564 7,144 92,271 1,739 37,117 12,916 7,659 29,160 8,907 95,759 18,689 1,649 Church activities costs Maintenance of church properties Govemance & administration costs 1,649 A4 Assets & investments purchases Total payments 92,361 1,649 94,010 114,H8 Excess of ceIpts over payments ii,oqi 13,309 24,350 16,876 A5 Transfers between funds A6 Cash funds last year Cash funds this year end (i) (i) 64,715 75,545 121,460 134,981 186,175 210,526 173,563 186,175 Note: The Charity has no Endowment Funds Page3of8
STATEMENT OF ASSEfs AND UABILrrES AT 31 DECEMBER 2025 Bl Cash funds Details Unrestrirted funds Restricted funds Current account HSBC Deposit accounts BUC Equals Prepaid card Cash Total 22,336 53,208 11,467 123,515 75,545 134,981 B2 Other monetary assets Detsils Unrestricted funds Restricted funds Note None 83 Investment assets Details Fund to which Current value asset belongs Note None B4 Assets retained for the charity's own use Fund to which Current value asset belongs Details Nrjte Church, Sherwood Avenue Manse, 4 Sherwood Avenue Organ Solar panel system Fixtures and fittings - church Fixtures and fittings - manse General General General General General General 3,102,236 570,044 562,400 40,000 207,296 25,000 B5 Liabilities Details Fund to which Current value belongs Baptist Pension Scheme liability General The accounts and statement of assets and liabilities relating to the year endlng 31 December 2025 were approved by the trustees (deacons) on3 February 2026 and are signed on behalf of all trustees. Signed: C Chu (Treasurer) H G Little (Secretary) Page4of8
NOTES TO THE ACCOUNTS a. Basis of accounts These accounts have been prepared on a 'receipts and payments, basis and in accordance with Section 133 Charities Art 2011. b. Voluntary income 2025 59,499 2024 60,474 Offemngs and Donations Tax recovered - Gift Aid Total Voluntary Income 73,064 73,022 c. Ralsed for Other causes 2025 1,259 205 152 1,616 2024 1,051 270 778 2,098 BMS World Mission - member donations BMS World Mission - Birthday Schemel Special Appeals Total Raised for Other causes d. Investment Income 2025 2024 interest Total Investment Income 3,250 5,763 The church has placed funds in 7-day notice and 3-month notice deposit accounts with the Baptist Union Corporation. e. Hall hlre 2025 37,714 2024 36,405 Hall hi Hall hire donation Total Other Income 38,714 36,405 f. Other income 2025 1,486 2024 Electricity Sold Legacies Kanga & R Other income Miscellaneous Income Totsl Other Income 1,591 7,000 200 378 602 9,771 230 1,716 g. Mlnistry costs 2025 32,5 4,028 2024 31,464 3,918 923 813 37,117 Minister's stipend Pension contribution Visiting preacher fees and expenses Other ministry costs Totsl Ministry costs 813.82 38,226 The Minister acts as one of the church's trustees and receives remuneration and other benefits in respert of their services as Minister, including the provision of manse accommodation owned by the church. Page5of8
h. Donations to other causes 2025 5,040 5,(MO 5,040 1,138 1,321 170 255 140 500 351 760 11,879 12,916 Special Appeals in 2025 totalled £491, comprising: (il £70 from the 2024 Christmas Appeal (partial weipts, with the balance recorded in 2024)- (li) £80 from the Pancake Party, donated to Vineyard Feed,. (iii) £50 from the Easter Breakfast, donated to Vineyard Feed; (iv) £151 from the CTM evening service, donated to Mind- and {v) £140 from Harvest donations, donated to BMS World Mission. Donations from the 2025 Christmas Appeal will be recorded in 2026. 2024 Home Nission - church donations to CBA BMS World Mi55ion - church donation BMS World Mission - member donations BMS World Mission - Birthday Scheme BMS World Mission- Special appeals Others - Special Appeals Total Donations to other causes l. Church activities costs 2025 2,804 1,255 2024 Licences and subscriptions Printing and stationery Church groups, clubs, outreach and pastoral ca Total Church activities costs 2,714 10,458 7,659 Activity costs include £3,000 of funding towards supporting D. Smith's ministry studi, comprising £1,500 relating to financial year 2024 and £1,500 relating to financial year 2025, both recognised in the 2025 accounts. j. Maintenance of church properties 2025 8,595 500 3,503 3,814 4,251 2024 8,645 360 3,890 3,848 5,115 Utr'lities Church Broadband Council Tax Manse Insuran Cleaning - wages and materials Repairs and maintenance Total Maintenance of church properties 24,564 29,160 The above costs relate to the church premises in Sherwood Avenue and the manse at 4 Sherwood Avenue. The gas and elertricity contratt was renewed on l July 2025, under a 3-year fixed rate contrart. k. Governance and administration costs 2025 114 222 527 6,280 2024 Bank Charges Professional fees- Independent Examiner Payroll fees Church Finan Administrator salary & equipment Equals Prepaid card fees Total Administration 155 180 486 8,076 io 8,907 7,144 The church has appointed a Church Finance Administrator. The church has appointed West of England Baptist Payroll Company Limited for payroll services. Page6of8
Movement of funds The church has the following funds. Surplus in the General Fund will be moved to the Reserye Fund at the end of the year. Restricted Funds a funds which must be used for a specific purpose. Fund name Fund balan$ brought foThvard Income Expendlture Trnnsfers Fund balan carried forward Unrestritted fijnds General fund Community Link Frog Kanga & Roo Lighthouse Recreation Club Resetve Fund Total Unrestrirted 101,070 2,171 -91,636 -775 1,000 -1,000 10,434 3,480 748 323 71 3,082 748 323 71 688 59,803 64,715 59,803 75.547 103,250 -92.411 Restritted funds Oryan Fund Piano Fund Project 50 Phase 2 Special Offertories Youth Alpha & Outreach Youth Work Total Restricted 1,610 1,610 118,235 368 492 750 121,460 13, 154 1,904 63 131,389 672 555 750 134.981 -1,599 15,121 -1,599 TOTAL FUNDS 186,175 118,360 -94.010 210.526 Note.. figures are shown rounded to the nearest pound where appropriate. At the en¢J of 2024, a £1,767 surplus f rom the General Fund was transferred to the Reserve Fund. This brought the Reserve Fund's balance to £59,803 at the beginning of 2025. Assets Held for the Church's own use The church is the beneficial owner of the assets listed (subject to the relevant trusts) the legal title to which is held by the church's custodian trustee the Baptist Union Corporation Ltd: The values shown are insurance values as at the renewal of the policies with Baptist Insuran on 24 June 2024. Page7of8
o. Pension Scheme Liabllities The Church is a participating employer in the Baptist Pension scheme C*he Schemel, which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers. As stated in the report last year, the Scheme signed an agreement with the insurance company Just Group to secure Defined Benefit Plan members, pension benefits, and therefore no liability remains for the church. All pension provision within the Scheme is now on a Defined Contribution basis. Page8of8