CHARITY REGISTRATION NUMBER: 1130546 Sidcup Baptist Church Unaudited Financial Statements 31 July 2024 74. OPASS BILLINGS WILSON & HONEY LLP Chartered Certified Accountants Numeric House 98 Station Road Sidcup Kent DA15 7BY
Sidcup Baptist Church FinancRal Statements Year ended 31 July 2024 Pages Trustees, annual report Ito5 Independent examinevs report to the trustees Slalement of financial activities Statement of financial position Notes to the financial 51atements 9t017
Sidcup Baptist Church Trustees, Annual Report Year ended 31 July 2024 The trustees present their report and the unaudited financial statements of the charily for the year ended 31 July 2024. Introduetlon The aim of Sidcup Baptist Church is to be a church that love.s and serve% God, hi.s people and his world. The basis of Ihis report for the year to 31 July 2024 seeks to show how this objeclive ha.s been mel in temjs of activities, Ihe use of facilities and the finaijces God has provided. Reference and admlnlstrative details Reglstered charity name Sidcup Baplist Church Charlty registration number 1130546 PriDcipAI office 167 Main Road Sidcup DA14 6PA The trustees Laraine Joy (Secretary) Penny Longman John Martin Royston Maxim (Treasurer) Teresa Willmot Property trustees The London Baptist Property Limiied Unil C2, Dock Street London EI 8JN Independent examiner M Finnis ACA, ACCA Numeric House 98 Station Road Sidcup Kent DA15 7BY
Sldcup Baptist Church Trustees, Annual Report (conlillued) Year ended 31 July 2024 Strueture? governanee and management Sid¢up Baptist Church is governed by an approved governing document. MembeT5 of the Church are accepled in accordance with the Constitution. The members, meetings nonnally lake place four limes per year and has responsibility for the overdll policy of the church. In accordance with the Constitulion, the members appoint Tru4lees, who togeiher with the Minister, Church Secretary and Treasurer (who are also appointed by the Members), are responsible for the day to day running of the church'5 work and witness, and the financial and legal aspecls of Ihe Charity. All members are encouraged to take an appropriate part in the Spiritual and practical ta%ks involved in the furtherance of Ihe charitable objeciives. Relevant matters may be submitted to the Church meeting by the Trustees for gyuidance or may be raised by member% in the Church meeting for further consideration by the Tru8lees. Though the Consiitution pennits decisions lo be made ai Church meetings by appropriate majorities. the Church seeks to work by consensus wherever possible. Objeetives and activllies Objectives The principal PUTP05e of the Charily is ihe advancement of the Christian faith according to the principles of Ihe Bapti%1 dcnomination to tnLludc thc advancemcnl of education, community Service and such other general charitable purposes in 4uch parts of the United Kingdom and the world as thL. Churtih shall deierniine. Premlses The buildings Consist of the church sanctuary. large and small hall,s. office and meeting rooms, logiether with a fully equipped kitchen and the usual facilities. The building is disabled friendly with separale loilels for them. The premises {%ince the clobure of the Playgroup) are in use 5 days a week wilh services on a Sunday and mid- week &vaiherings for prayer and Bible study. Groups also meet in privaie homes tor Bible study. The church has a large garden used for events such as the Community Fun Day and for use by the local Community. The 'Hope Garden, created during the Covid-19 pandemic as place for play and reflection ha.4 continued beyond its original time span. Huntingion'8 Disease Support Group uses the premtses a5 do the Stroke Club, which ulilise our premise5 following a decision a number of year.s agio whereby the NHS could no longer accommodate this worthy assistance lo Stoke Viciims within Queen Mary's Hospital. The church also holds a Monthly Disabled Christians Fellowship. A monthly club, ' Something Crafty, meet% in the hall enabling people lo ty out various craft aclivities, at the same time building relation%hips through conversation. Th¢ old vestry has continued to be used weekly by a Behavioural Therapist. The Halls have continued to be used by the local community for private children's parties. Various children and young people's groups meet for recreational activities with a 'God slot,. One other group using the facilities on a monthly basis is the Older, Wiser, Livelier Seniors (OWLS) group for people aged 60 and above. The church provides regular refreshment5 ai many meelings and holds a monthly Communily Lunch on the fjrst Sunday of each month. The hall is used as a polling station for local and national eleclions.
Sidcup Baptist Church Trustees, Annual Reporl fcotttinued) Year ended 31 July 2024 When in SI the minisler and histher family have use of the manse (church owned house) across the road from the church. The minister's post ts currently vacant. Achievements and performance The Church does not measure the success of its programmes only in numbers, including financial numbers. but also, in less tangible areas like fellowship and encouragement. The Trustees recogntse thai these are difficult to measure bul believe that de4pile Ihe difficulties of not have a minister 2023124 continued 10 be a positive year in the life of the church, and that it will be able lo pursue its mission PUryK>ses in 2023124 with renewed enthusiasm as w¢ look fonvard lo the possible appointment of a pastor in 2024125. The leadership leam continue to meet monthly to deal with church maiters. Church members meetings were also held both in person and via Zoom. Leadership ieam report Trustee% In accordance with the Church Constitution, two Deacons were required to stand down in November 2023. No additional Trustees were elected, which lefi the church with 5. Appointment of Moderator In Sepiember, following an inlroduclion from Claire Nicholls. our Reg)ional Minister. we were pleased to welcome Kevin Colwell, Minister at Poveresl Road Baptist Church, as Moderator and we are grateful to him for the support, encouragement and guidance he ha% provided. Appointment of Minister The search for a Minisler continued and following a propo%al from the RegFional Minister, we received the profile of Rev Paul Davies, who was called lo serve a% Pastor of Sidcup Bapiisl Church in June. We ended th¢ year looking forward lo Paul joining us in our new year. Membership and Regular Attenders During the year 4 members moved lo other fellowships. and we welcomed in 4 new members. The trustees hosted a newcomers, lunch for 8 new church anendees in May. Prayer Prayer has remained an important part of church life. A small number of people continued lo meet via Zoom for half an hour on Tuesday mornings, with several taking turns ¢0 lead. The monthly prayer meeting, held on the l &1 Wednesday of the month has continued, with the rola for leading beiiigF exlended to include several member5 in addition lo the Trustees. Three Trustee prayer meetings were held during the year, in February, April, June to pray for specific area5 of church life. Leaders and helpers were invited to join meetings lo pray for the children and young people's work, home groups, pastoral care. Children and Young People's Work Messy Church restarted in January and mel once a month with a break in July (and Augusi) The sessions have been well attended, and we have had the opportunity lo welcome families new to SBC. We also hosted a successful Communily fun day in June, which replaced Messy Church thal month.
Sidcup Baptlst Church Trustees, Annual Report {conlinued) Year ended 31 July 2024 The JAM (Jesus and Me) Team and Young People's Group continued to meet on Sunday mornings. with All Age services being held on the ISI Sunday of each month. An opportunity was explored for the youth to meei with those al a new neighbouring church on some Sunday moming5, however, those that went feli thai SBC was their home and Ihey would rather be here even wiihoul separate provision from them. Midweek meetings FROGS (Fully Rely on God) for school years 2-6 continue to meei on Friday evenings for craft, games and lime lo talk with a Bible Story and thoughi for ihe week. SBC Youth for those aged I 110 17 years me¢1 on Wednesday evenings during tern) lime for an hour with games, food and a shon Bible message. A proposal to open a 'Play and Stay Toddler Group, was received and agreed during the year, with plans to run this for a trial period in the new church financial year. The search for a Youth Worker continued lo be a priorily and the Irustees continue lo explore options. In September Fun Friends started using the church hall% to 4upport young people wilh additional needs. The gTOUP, run by a local charily, meet% on Tuesday eveningF% during lenn lime. The church allo ho%1.4 a local play Iherapi%t who sees children in need of her support during lerni time. Other Group The 18-30's group started meeting again during the year and meei about once a month on varying days and times for social events. The Nomething Crafty group continued to meet each month to enjoy a chat and the opportunity to try various crafi%. House Groups mcel Iwice a monih to pray, learn and build relalionship% in small groups. OWLS (Older Wiser Livelicr Seniors), a club for anyone aged 60 or over, providing a social time logeiher with a varied progjramme ha4 continued through the year. DCF {Disabled Chri41ians Fellow4hip) continues lo meet once a month for a varied programme of entertainment, and refreshments. Other group.4 thai continue 10 meet regiularly in our halls are a Friday Stroke Club which meets each week and a Huntingdon's support group, once a monih. Church Premises Consideration of how we use our premi%e5 10 serve our local community has continued during the year. When considering requests, the deacons have been mindful Ihat the buildings are used for God's work. Finaneial revlew Total incoming r¢source8 amounted lo £148,304. We praise God for the generosity of ihe member5 and congregation espe¢Aally over this financial period. Total resources used amounted io £72,173. The total funds carried fonvard of £2.957,721. Reserves polley The church has a reserves policy. which ensures that the General Fund is able to ensure the cosl of full-time ministy is available fora period of 6-9 monihs, worth of expendilure. Otherreserves held are in Ihe Manse Fund held for fijture manse expenditure and the J. Prestige fund, a lega¢y designated for women and young people in relieving financial need and enabling people not to be hindered by 'need' from taking part in activities.
Sideup Baptist Church Trustees, Annual Report (cvn¢inHed) Year ended 31 July 2024 Plans for future periods The Charity continue lo support mi88ion both wiihin the Baptist denominalion as well as other organisations such as Christian Resources in Bexley Schools (CRIBS), Lark In The Park {Sidcup) (LITP) as well as individua15 on the mission field (Savagyes). The trusl¢¢s' annual report was approved on by.. and signed on b¢half of the board of trusiees R B Maxim (Honorary Treasurer)
Sidcup Baptist Church Independent Examiner's Report to the Truslees of Sidcup Baptist Chureh Year ended 31 July 2024 I report lo the trustees on my examination of the financial slalements of Sidcup Bapiist Church {'the charity,) for the year ended 31 July 2024. Responsibilities and basis of report As the irustee% of ihe charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in re%pect of my examination of the charity'% financial slalements Caled oul under section 145 of the 201 Aci and in caTryillgT oul niy examination I have followed all the applicable Directions given by the Charity Commission under seciion 145(5)(b) of the Act. Independent examiner's Slatemenl I hav¢ ¢ompl¢ted my examination. I confirni that no material mallers have come lo my attention in connection with Ihe examination giving me cause to believe that in any material respect: accounting records were not kepi in respect of the charity as required by section 130 of th¢ Act. or the financial siaiements do not accord with those records. or the financial statem¢nLs do not comply with the applicable requirements concerning the forn] and conlenl of accounts set oul in Ihe Charilie% (Accounts and Reports) Regulations 2008 other than any requiremeni Ihat the accounts give a 'true and fai view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in conneclion with the examination to which attention hould be drawn in this report in order to enable a proper understanding of the accounts lo be reached. M Finni5 ACA, ACCA Independent Examiner Numeric House 98 Station Road Sidcup Kent DA15 7BY Dale.. £3 Feuruor
Sidcup Baptist Church Statement of Financial Activities Year ended 31 July 2024 2024 Restricted funds 2023 Unreslricied funds Total funds Total funds Note Ineome and endowments Voluntary income Chariiable activilies Inve.slmeni income Other Income (Manse rental) Total income 101,540 28,119 3,959 9,000 3,277 500 1,909 104,817 28,619 5,868 9,000 99,565 2,121 3,698 142.618 5,686 148,304 105,384 Expendlture Expendilure on raising funds.. Cost of raising voluntary income Cosls of other trading aciivilies Expendilure on charitable aclivtlies Expenditure - refurbishment 6.813 109 64.751 6,813 109 65,251 31,823 644 74,045 9,10 500 Total expendllure 71,673 500 72,173 106,512 Nel gains on inveslments 120.936 120,936 295.492 Net fincome 70.945 126,122 197,067 294.364 Transfers belween funds 17,153 (17,153) Net movement in funds 88,098 108,969 197.067 294,364 Reconclllatlon of funds Toial funds brought forward Total funds carrled forward 140.908 2.619,846 2,760,754 2,466,390 229,006 2,728,815 2,957,821 2,760,754 The slatemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 9 to 17 form part of these finaneial stgtements.
Sidcup Baptist Church Statement of Financial Position 31 July 2024 2024 2023 Note Fixed assets Tangible fixed assets 14 2,654,429 2.533.493 Current assels Debtors Cash al bank and in hand 15 18,344 285,433 16,448 210.813 303,777 227,261 Creditors: amounts falling due Ivithin one year Net eurrent assels 16 385 303.392 227,261 Tot21 assets les5 current liabilities 2,957.821 2,760.754 Funds of the charity Re%tri¥ied funds Unrestricted funds 2,728,815 229,006 2,619,846 140,908 Total eharlty funds 18 2,957,821 2,760,754 These financial slateinenis were approved by the board of trustees and authorised for issue on and are Signed on behalf of the board by.. R B Maxim (Honorary Treasurer) The notes on pages 9 to 17 form part of these financial statements.
Sidcup Baptist Church Notes to the Financial Statements Year ended 31 July 2024 Generhl information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 167 Main Road Sidcup DA14 6PA. Statement of Compliance These fmancial slalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Praclice applicable to charities preparing their accounls in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland {FRS 102) (Charili¢s SORP (FRS 102)) and the Charities Act 2011. Aecountlng polieles Bas1$ of preparation The financial stalem¢nts have been prepared on the historical co%1 basis, as modified by the revalualion of Certain financial assel.s and liabilitie.% and inves¢m¢nt propertiets measured al fair value Ihroug,h income or expenditure. The financial slalements are prepared in .8ierlinLI, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key source5 of estlmatlon uncertlinty No judgements, eblimale5 and assumptions are reported in the financial slatements. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charily's purposes. Designated funds are unrestricted funds earniarked by the trustee,s for particular future project or commilmenl. Restricted funds are subjected to resiriclions on their expenditure declared by the donor or through Ihe lenns of an appeal and fall into one of two sub-classes.. reslricled income funds or endowment funds. Incomlng resources All income is includcd in the siatement of financial activities when entitlement has passed to the charity. il is probable thai the economic benefits associated with the trdnsaclion will flow to the charity and the amount can be reliably mcasured. The following specific policies are applied lo partA¢ular categories of inconie.. income from donations or grant% 1.% recognised when there is evidence of entitlement to the gift, receipl is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is eslablished.
Sidcup Baptist Church Notes to the Ffinancial Statements l¢ohilnued) Year ended 31 July 2024 Accounting policies (¢oniinued) Resources expended Expenditure is recognised on an accruals ba.%its as a liability is incued. Expendire includes any V AT which annol be fully recovered, and is classified under headings of the slatement of financial aclivilies lo which it relal¢s'. expenditure on raising ndS includes the costs of all fundraising acliviti¢s, events. non-charilable trading activities, and the sale of donaled goods. expenditure on charitable activities includes all costs incurred by a charily in undertaking activilies thal further IL% charitable aim% for the benefit of its beneficiaries, including those support cost% and cosls relating lo the governance of the charily apportioned io chariiable activilie%. oiher expenditure includes all expenditure that is neither relaled lo raising funds for the charily nor part of its expenditure on charitable aclivilies. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs atlributable lo a single activity are allocal¢d direcily to that aclivily. Shared costs are apportioned between Ihe aclivilies they conlribule lo on a reasonable, justifiable and Consistent basis. Tangible Assets TangFible a44els are initially recorded al ¢041, and .4ub%equenily slated al co%1 le44 any accumulated depreciation and impairnienl loq%e%. Any tangyible as%et4 carried ai revalued amounis are recorded ai the lair value ai the dale of revaluation less any %ubsequent a¢¢umulaled depreciation and sub.%equent accumulated impairnient losses. An increase in the carying amounl of an atr>sel as a resuli of a revaluation, i.s recognised in oiher recogni4ed gains and losses, unless il revep•e a chargye for impairnienl that has previously been recogyni%ed as expenditure within the statement of financial activities. A decrease in ihe CaIng amount of an asset as a re.%uli of revaluation, is recoginised in otlier recognised gains and losses, except lo which il offsel% any previous revaluation gain, in which case th¢1055 IS shown within other recognised gains and losses on Ihe statemenl of financial aclivitie%. Impalrment of fixed assels A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exisl. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impainnenls are also reviewed for possible reversal at each reporting date. For the purposes of impairnienl testing, when it is not possible lo estimate Ihe recoverable amount of an individual asset. an estimate is made of the recoverable amount of the ¢ash-generating unlt to which the ab5¢t belong5. The cash-generaling unit is the smallest identifiable group of a%sets that includes the asset and generates cash inflows thai largely independent of the cash inflows from other assel,s or groups of a58ets. For impainnent testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generaling unils that are expected io benefit from the synergies of the combination, ieSpective of whether oiher assets or liabilitie5 of the charity are a55igned to those units. io
Sidcup Baptist Church Notes to the Financial Statements (contirtued) Year ended 31 July 2024 Accounting policies (comlimued) Defined contrlbutlon plans Contributions io defined contribution plans are re¢ognised as an expense in the period in which the related service is provided. Prepaid contributions are recogJni4ed as an asset to th¢ extent that the prepayment will lead to a reduction in future paymenls or a cash refund. When coniributtonq are noi expecled lo be settled wholly wiihin 12 months of the end ot the reporting date in which Ihe employees render ihe relal¢d service, the liabilily is measured on a discounled present value basis. The unwindinLF of the discount is r¢¢ognised as an expense in the period in which il arises. Voluntary income Unre%iricted Reslricled Tot41 Funds Funds 2024 Donations Donattons Booklet income Gift aid 74,782 52 13,730 74.782 52 14.247 517 Legaeles Legacies 12.976 12,976 Gifts Building Fund Gifts 2.760 2,760 101,540 3,277 104.817 Unrestricted Funds Restricted Total Funds 2023 Donations Donaiions Booklet income Gifi aid 76,010 165 19,468 76,010 165 20,630 1,162 Legaeies Legacies Gifts Building Fund Gifts 2,760 2,760 95,043 3,922 99,565 li
Sidcup Baptist Church Notes to the Financial Statements (continued) Year ended 31 July 2024 Charitable activities Unrestricted Re5tricled Tolal Funds 2024 All oiher income Community lunch Donations from playgroup Donations by oiher groups 15,426 681 3,953 8.059 500 15,926 681 3,953 8,059 28.119 500 28,619 Unreslricted Restricied Total Funds Funds 2023 All other income Community lunch Donalions from playgroup Donaiions by other groups 1,079 762 (4,172) 2,652 ,800 2,879 762 (4,172) 2,652 321 1,800 2,121 Investment income Unrestricted Restricled Total Funds Funds 2024 Interesl received 3,959 .909 5,868 Unrestricted Funds Restricted Total Funds Funds 2023 Interest received 2,227 1,471 3,698 Cost of ralslng volunlary income Unrestricted Total Funds Fund5 2024 Unre%tricled Total Funds Funds 2023 Pastorate salary and expenses Man%e expenses Youth development Visiting Speaker expenses Training & Courses Photocopier Deprecialion 12 5,335 12 5,335 12 30.948 12 30,948 1,237 229 1,237 229 778 85 778 85 6,813 6,813 31,823 31,823 Costs of other trading actRvities Unrestricted Total Funds Funds 2024 Unrestricled Funds Total Funds 2023 Playgroup pen%ion costs (r¢paid} 109 109 644 644 12
Sidcup Baptist Church Notes to the Finaneial Statemenls (cpnlinued) Year ended 31 July 2024 Expenditure on charitable activlties by fund type Unrestricted Reslricted Total Funds Unrestrieted Total Funds Funds Funds 2024 Funds 2023 Outreach Community lunches Fun day Worship group Other mini%try costs Churclllhall light and heat Chur¢h/hall water Churchthall insurance Churchthall cleaning Churchlhall repairs and maintenance Equipment purchases and repairs Churchthall alarni system Church gyarden Church office telephone Church office broadband (package 2022) Mobile Prinlingi and stationery Photocopier cosi Subscriptions and licences Health and safely Social event% other general expenses Playgroup Youih group Support Fellow.4hip support Legacy payments Equipment and furnishings Building work Charilable causes Governance costs 22 ,543 833 155 426 8.220 2.000 2,217 6,263 2,294 2,298 22 1,543 833 155 426 8,220 2,000 2,217 6,263 2,294 2.298 390 1,644 390 1,644 30 547 5,033 20,365 2,227 6.223 704 2.200 30 547 5,033 20,365 2,227 6,223 704 2,200 715 715 200 200 1,207 1.207 558 558 82 1,156 3,384 1,022 609 873 9.716 82 1,156 3,384 1,022 609 873 9,716 157 1,236 3.460 1,069 336 767 157 ,236 3,460 1,069 336 767 16 16 500 848 200 640 7,410 200 640 7.410 500 848 17,421 1,431 17,421 1,431 17,430 1,219 17,430 ,219 64,751 500 65,251 74,045 74,045 13
Sidcup Baptist Church Notes to the Finaneial Statements (conlillued) Year ended 31 July 2024 10. Expenditure on ehhrilable activities by activity type Activities undertaken direcily Support costs Total funds 2024 Total fund 2023 Outreach Community lunches Fun day Worship group Other ministry costs ChurLhthall light and heat Churchn)all water CIJurclv])all in4urdnce Chur¢h/hall cleaning Chur¢h/hall repaits and matnt¢nan¢e Equipmeni purchases and repairs Church/hall alarni system Church garden Church olCe ielephone and broadband Mobile phone PrinlinLF and stationery Phoiocopier cosl Subscriptions and licences Health and safely Social events Oiher general expenqe8 Playgiroup Youih gyroup 5UPPOrt Fellowship support Legyacy payment% Equipment and furnishings Building work Charitable causes Governance cosls 22 ,543 833 155 426 8,220 2.000 2.217 6,263 2,294 2.298 22 1,543 833 155 426 8,220 2,000 2,217 6,263 2,294 2,298 390 1,644 30 547 5,033 20,365 2.227 6,223 704 2,200 715 .207 715 1,207 200 558 82 1.156 3.384 1.022 609 873 9,716 82 1,1.56 3,384 1,022 609 873 9,716 157 .236 3.460 1,069 336 767 16 500 848 16 500 848 200 640 7.410 17.421 17,421 1,431 17,430 1,219 1,431 63.820 ,431 65,251 74,045 11. Net gains on investments Restricted Tolal Funds Funds 2024 Restricled Funds Total Funds 2023 Unrealised Gains1(losses) on investment property 120.936 120,936 295.492 295,492 14
Sidcup Baptist Church Notes to the Financial Statements {cviJliniied) Year ended 31 July 2024 12. Staff cosls The total stsff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security co.sts Employer contributtons lo pension plans 6,263 6,223 12 12 6.275 6.235 The average head count of employees during ihe year was 3 {2023: 3). No employee received employee benefits of more than £60,(K)O during the year (2023.. Nil). 13. Trustee remuneratlon and expenses No trustees have been paid remuneration from employmenl with the charity. 14. Tanglble fixed Assets Church building building Equipment Tot81 Cost Al l August 2023 Revaluations 2,149,429 384,064 120,936 2,533,493 120,936 At 31 July 2024 2,149,429 505.000 2,654,429 Depreciatlon At l August 2023 and 31 July 2024 Carrylng amount Al 31 July 2024 At 31 July 2023 2,149,429 505,000 2,654,429 2,149,429 384,064 2,533,493 The freehold properties are revalued by the Trustees on an annual basis every Sepiember for Insurance purpose%. These revaluations are reflected each year in the above tigures 15. Debtors 2024 2023 Prepayments and accrued income Other debtors 18,344 16,448 18,344 16,448 15
Sidcup Baptist Church Noles to the Financial Statements (eortilntsed) Year ended 31 July 2024 16. Creditors.. amounts falling due within one year 2024 2023 Other creditors 385 17. Pensions and other post relirement b¢nefi¢s Defined contribution plans The amounl recognised in income or expenditure as an expense in relation to defined contribulion plans was £12 (2023- £12). 18. Analysis of charitable funds Unrestrleted funds At l Aug 2023 Gain.% and At 1055e5 31 Jul 2024 Income Expenditure Transfers General funds Man%e deposit Building deposil Generdl deposit 57,420 2,300 138,659 (71,673) (55,847) 68,559 2,300 81,188 3,959 73,000 158,147 140.908 142,618 (71,673) 17,153 229,006 At l Aug 2022 Gains and Ios.5¢5 31 Jul 2023 Income Expenditure Transfers General funds man.se depo.sit Building deposit General deposil 67,987 2,300 95,965 (106,512) (20) 57,420 2.300 78,962 2,226 81,188 149,249 98,191 (106,512) (20) 140,908 16
Sldeup Baptist Church Notes to the Financial Statements {conlilluedJ Year ended 31 July 2024 18. Analysis of ehxritable funds (conlinued) Restrleted funds At l Aug 2023 Gains and At 1055es 31 Jul 2024 Income Expenditure Transfers General account Buildings filnd Church building Manse account Manse building Janel Preslidge legacy 630 50,046 2,149,631 22,738 384.065 (500) 130 54,306 2.149,631 7.639 505,001 4,760 (500) 415 {15.514} 120.936 12.736 511 (1 139) 12,108 2,619,846 5.686 (500) 17,153 120,936 2,728,815 Ai l Aug 2022 Gains and 1058e% 31 Jul 2023 Income Expenditure Transfers General account Buildings fund Church building Manse account Manse building Janel Preslidge legacy 630 4,370 630 50,046 2,149,631 22,738 384,065 45,676 1,910,783 20,866 327,421 238,848 ,872 56,644 12,365 351 20 12,736 2,317,111 7,583 20 295,492 2,619,846 19. Analysis of Det assets between funds Unrestricted Restricted Total Funds Fund5 2024 Tangible fixed assels Currenl assels Creditors less than l year 2,654,429 74,386 2,654,429 303,777 (385) 2,957,821 229,391 (385} 229,006 L¥4et assets 2.728,815 Unre,%tricted Funds Restricted Funds Total Funds 2023 Tangible fix¢d assets Current assets Creditors less than l year 2,533,493 86,353 2,533,493 227,261 140.908 Net f4ssels 140,908 2,619,846 2,760,754 17