REGISTERED CHARITY NUhlBER: 1130958 REpoiYf OF ThE TRUSTEES AND UNAUDtrED FINANCIAL STATEIIIETrirs FOR THE YEAR ENDED 31 DECEMBER 2023 FOR REDHILL BAPTIST CHURCH GBJ Hnandol Llmit•d Sterf£ng Hou89 27 Hatthjgnds Roal Redhill Surrey RH16RW
REDHILL BAPTIST CHURCH CONTENTS OF THE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 DECEAIBER 2023 Report ofthè Trust I b) 5 Ind•p•nd•nt Ex•mln•t• R•port 8tal•m•nt ol Flninclal Actlvltb•• B•Fanc• Sh••t Not•• to th• Fln•n¢lal Sl•t•m•nts 9 kn 17 D•t•ll•d Stat•m•nt of FIn4nd ktl¥ttl•• 18 to 19
REDHILL BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DecEMBER 2023 The trustees present thetr reptsrt with thè finandal ststemtnts of the charty for the year ended 31 December 2023. The trustees have adcyted the Pro1)nS of Accounting and Reportuig by Charities.. Slalernent of Recornmended PrlICe apF4uble to charibes weparing their actounis in accordance with the Financial Reporting Standard appfKable in the UK aThJ Republic ol IrekThJ {FRS 1021 leff8CtN8 1 January 20191.
REDHILL BAPTIST CHURCH REPORT OF THE TRUSTEES FOR ThE YEAR ENDED 31 DECEMBER 2023 OBJECTIVES AND ACTMTies Oblectlves and alms The prinapal purtyjse of Ihe Church is th6 a¢fvBncement of ts Christian fath •xorthng to the prKleS of th8 Baptist denomination. The Church may also a(fvan PJJUCat and rary cdrt other charitable purFoses in the uned lfjngdom 8ndlor other parts of the vrtkl. ACHIEVEMENT AND PERFORMANCE Inlstry & 18ad•rshlp - Revd. Graham McBgin hod %9fted from tho church from 31st December so the first aim for the church w88 to appolnt an Interim Lead Minister. This achi8ved en Revd Robert Stèvens, was appointed from Aprfl 2023 untll 31 January 2024. - The AsSStanl P8Stor with respxsits'lty for chiklren gnd young peoplo, Emity INing, tojk up a position al St Marls Church In R9ate In September 2023 after swving Ihe Redhill 8apb.st Churcm for lourteen T$. The church is enormusly grateful to Ern1 for alt Iw service. especralty wilh the children and yourrfJ p8oF4&, and for steppiThJ up and leadtrw fv thurch during the bme 1h there was no1&8d mknlstsr In place. - To Revd. Rob Steverts th6 church is d80 imm8nsety grat1 ts hls adIr$ during the rest of 2023, bringSng rel8vant experience in those ar8as where the oldws were lackirvJ, and for his sympalhth and pastoral care of the congrggalb)n. - 2023 began wlth fIve mernber8 In the ehJwsh>. rkn9 year thre8 Te8lgn&J and tsvo moffe we add•d, maklng a flnal team of frJur, all of vthth ?re rw. Th ¢hLwGh is gratth to them for Stopn9 up to tr•com& part of the leadershlp. Sunday WoT•hlp - The church gathered for pubk worshlp SuTrJay in 2023 •nd held at Easter and Chrislmas. Once 8 month there VAS a cond, mue tnfml. Sle• of on a Sunday evening in addltl)n to th& regular mornlng servk4. . PrhEra from the Blblo o)ntribJtsd to dl8ciple8hlp gfuth of IM congregatth. - Groups for chlldfen and young Feople •Jed 1-18 were cn offer thrtyJgh the year except Sn summer holldays, when Ihe maln SeCe w86 lor aTh ages. In F&W 2023 hekl a covenant 8ervte, f¢lkn%d by lunch, when all members oflhe coryJregatton mode a ¢ovenanl to crynmit Ihemsel4Th lo and the Church. Pastoral Car• - Both the Intertsn Load mintsr and a pastoral [0 team wovKled Spanffrl amoun18 of help and ¥UPFth to the church as Isdl as to Ihe community. htsmbws of the ¢))ThJt8gakn atgo Ired and helFd one anotlw, whM has ts•en ancwraged and apprecmted. Prayer - a week of prayerwas heid on OC£85kn8 as Ihe chuth Soht Gorfs leJlng the fvtsm Youth & ChIldren W
REDHILL BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEPABER 2023 - Metue (for 15 - 18sl ha$ cOntind to meet wkly, usuaty for a rrEal and BibbE Stuthy and discussion. Rk Soltdl11 - 14sl mel until the summer break. The thurth conttnues lo Supp 8 s¢h¢ol tharity, SpaTkfith, fmancdly and giving opporiunsbes IDrthem to tell us atout theirwork. Work with old•r poopI• - Link-up. the group for otrjer fc4ks (Tron In thw &)s-4)sl at RBC. meets weekty. averaging 24 peo8 regularfy. ranging from 1441 any For several fth knnk-up is their onty lime each week ihatlhey megt wlh Chrisliany and hear anylhing of the GfApel. Sadty, in 2023. ts4t) ol c¥Jr memta5 died. moved away and one 18 kyer ablè to folbwwhrfs wj w rarety crn nryw. We begin each Sess wlh refreshThnts. rw8 and birthjoys, and Fernonal kyayer requests follchved by praygr and a hymn. We have a 8ervKe eh month Bnd lunch tcgether onc per tem) whlcn a l)vely tèam cook8 for u¥ and is much appreuated. We have SFeakers from ojtsfvae and Insh1& RBC raNJlng Irtrm hèlpful le.g. rgcycliro, avoiding scams). Interesting le.g. My life Councu. Rwal Christma8esl and entertaining le.g. Snging groups 1. We 8190 have'DIY sesslons where VY each share. Sev8fal of these gNe nalurnl, Short testlmony CVFUtunitiès. FmlllM work - although we haven't had a faM116WLmUnrtY VKrfker 2023. have contiALd to run B8by-gffjw weekw lor b9ts5 UP to one year old wlth Ir adults for refreshments. tw 8TrJ songs. ToSJler Prnlse for 1 to 3 year old•. ran thrwgh much of the year then. after 8 changè of le>Jèrship. was r81aunthed as Toddr6 later In thè year. C¢)mmunlty - Lunch Club- Tho team L8 Yd to hab baén conllnue to Support th91 f8mllle$ In Partnernh) vthh th8 generosity ol Redhill Baptist Church. We h¥1 a mountsln of Easter Eggs donated and able lo give one to each member ol the families. Fun and garnes were hdd In the surnmgr wrth o lUh for the 10th annrSary for lunch clubs. Chri$kn85 lunch wa3, as preVJ6 year5. a great time Whe had now team members and naw lamilles. A8 we are grateful for the siywl of ihe RedhAI Bapllst Chwch. - Food Club is wn In p8rtnefship%wth the Reigate and Ban$tj thjncil. It meets hekty in our church prem1588 and 8 good team of UnteerS frcm church are involved wilh FKking up grocery donatsons from k)cal superrnarkels. generally fresh fwR aTrJ ¥egetable8, aTr# eggs and rn1. sorting arsd setting Out 8verything and then seNing the clienls. The are around 30 - 35 ccffle fc¢ Ihr shoF)ing evèry weak. Church mtsmbers also donale dry gocJ4 WKI foc4J dub was the rn¢lplent olth• church's harvegt gifts. Admlnlltrntlon . fvAmini8tration of the church rAxrtinu8s under the of a W.tirne Staff member. Shg deaLs 1h 8m•ll 8tKI telephone enquirtes. referring them to thè correct pernon if rc8ssary. She gets quotes for addit1 work that Is needed. keeps up to dale valh wular maintenae rEed&J for ts church and rnare. and wlh service contracts, and liaises WI the facilit5 manageMt leam fegarding ary bull dIj issues noticed. Sh8 oversees the photocopier. keepirvJ check on stats'onery , toner etc.. and akn keeps track th kithen supplies. c¥dermg more when necessary. Sh& minutes church meetings and thurch leadersh4) meebngs. She draws up several rotas for Churc activities. and helps th the churth finan, doirwj Qkkee[xn9, an¢J Infom)Ing the treasurer of what needs to be wd. She line-manajes the deanr¥J staff and also VAII do a number ol ad pbs lo ease the running of the Ghurth.
REDHILL BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OECEIIBER 2tr23 Bulkllngs- FaclllU•8 Managemwrt T•anL - General maintenan¢6 oftne church and MSe have been ongoing IhroLgh the y8ar. A major pkne ofwork wag the renewdl of the ramp leing into the 8epa¢ate entrance for prfrscI. was achieved during the summer holhjay perd, overseen by the team who. t¢lng qualifd to do 80, dbj soma of the work th&wAelve8. FUTURE PLANS Plans for the ftrtur6'. 1.seek 8 new Lead Mlntster 2.seek lo Itll other staff vacanc 3.Re-eVuate church fife and ministries as nfjrge trom a drfrltt and enter a time of p88toral vacancy 4 M8ke 5i9nrfI W09ss to•Mrd tecomlng a Chanlabkn Inoxpxated Organkn)n (CIO) STRUCTURE. GOVERNANCE ANO MANAGEMEKr Gov•rnlng docum•nt The chèrty ¢trold by Its wvemlng documen( a deed of trugt constittrteB unIrated tharfty. REFERENCE AND ADMIN18TRATIVE OEfAILS Reglstered char numbor 1130958 Prlnclp*l addrés8 Halchlands Rrfft Redhill Surrey RH16AE Trusts Ms R Davts C Tewkegbury T Stuart lapwlnted 2813+2023) L N8wland lappolnted 1611r20241 E lrylng Ireslgned 1719r20231 MS C MGNlsh Iresbgned 3016r20231 18uck ITesIg 3118120231 N Joutort Ireslgned 218r20231 Ind¢pendent Examln•r GBJ Financial Limited Sterling House 27 Hat¢hlands Road Redhill Surrey RH16RW
REDHILL BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DETAL8 The Snterfrn Mlnister aTrJ the eldets are tho Charity Trustees ond Ihey a respcThit4e for Ihe governan af the Church and the fvthlment of the Puw through its ktivities, acbng xccKdiry to Ihe wHt of God as discerned by the Church Members, Meetsng. The Church's ganr8at)nal slruciure and the wocedures for Ihe apwntment of the leadership a Specified in the Churcl ConstitutK)n. This ¢onstitsJtion apwoved by the Church Mfretlng and can only be tered by a re5thJtion ofg SF4cèI Church frAember Meeting. The Charty Trustees are aw8re ol Med to ewir maTr)r finandal, strategtc and operattonal ftsks faced by the Church. We ¢onfim w¥lems have bi eslatlished so ltrhat steps w b• taken to manage and mits.galè those rtsks. Approved by ordor of the bowd cltwslee5 15 Ortober 2024 8nd ned on ts behalf ty. C Te%e8bury. TrLMle•
INDEPENDENT &XAhllNER'S REPORT TO THE TRUSTEES ¢ REDHILL BAPTIST CHURCH tndependent examlnets reportto the trustees of Redhltl ptknt Church I reFQrt to the charty trustees my 8xaminathJn of th8 lUnts of Redhill Bapitst Church (the Tntsl) for the year ended 31 Oecember 2023. Respon8lbllltlos and ba818 of r•port As the charity trustees of the TTUSt you are responsi1e for the wepfirat of the accwnts in accud the requirements of the CharItS h£t 2011 fthe dl. I retxyt In respect of my ex8minalkJn of the Twsfs accounts Caled rxrt under SectJn 145 of the Act arJ In carryiro out my examinat I have all appl•Le Dire)n8 gr¥en by the Charrty Commi56ion uThJer Sect 145(5llbl of the A Ind•p•nd•nt èxamln•es stat•ment Since your thBrity'8 gross income ex¢eeded £250,C(10 ynur examiner rwst be a member of a 115tfjd body. I can confirm that l am qualthed to undertake the examlnation because l am a frthiber of the Insbtute ol Chartered Accountants in ErvJland and Wales. whth 65 one of the li5tsd bodles. I havè completed my exèminatth. l confim Ihat no malerid maitws haw Ccrfm lo my attentlon kn o)nnectlDn with the exgminèlion gknn9 me cause to t8Ve that In any maternl respect (uThng retrS not kept in respect Oltr TnJ81 wutrad ty Sectton 130 ofthe kt or the accounts do not xccd Ilkxe reeofty or the acctsunls do not compty with the 8pplicatAtr r6querrMts ¢xncwnlr4 form 8nd content of accounts sel out In the Charltk8 IAc¥¥Junts and RepJtsl Reguthins 2CQ8 other than any wtsiremenl that the account5 glve a true and fatr eW whkh Is T1 a matter Corlded 85 part of an Indepenl examinauon. I have no concernB and have ccrfne no t)ther mattern In connectlon wlth the examlnalwi to whkh attenllon 8houhJ be drawn in thi8 report ordef to enab 8 woper uTrJerstandiTr3 of the acctsjnts to be reached. JondthBn Hlll* ACA FCCA GPJ Flnanclal Llmltsd Slerting House 27 Hglchlan•Js R( Redhrfl Surrey RH16RW 16 October 224
REDHILL BAPTIST CHURCH STATEMEMT OF FINANCIAL ACTMTIES FOR THE YEAR ENOED 31 DECEMBER 2023 2023 Total lunds 2022 Total nds fund INCOME AND ENDOWMENTS FROM Donations aTrJ legacies 260.170 £160 266,192 Charflabl• acllvltlos Charitable actNity 1WO 14400 13,928 Inveslmenl incomè 1,041 136 Totsl 265,611 4160 269,771 282,256 EXPENDITURE ON Charitabl• •ctlvltl•• charitab activity 214189 3,202 217,461 261,314 Nel galn$ Inveslments 16,646 NET INCOME 61.422 52 37.S88 RECONCILIATION OF FUNDS Total funds DrougNI foNYbrd 163,672 1.008312 910,624 TOTAL FUNOS CARRIED FORWARD 895,962 164.670 1,080.532 1.8.212
REDHILL BAPTIST CHURCH BALANCE SHEEr 31 DECEPIIBER 2023 2022 Total fund$ Total funds fund funds FIXED ASSETS Tangible assets 684.171 150A55 834.726 799,863 CURRENT ASSErs Débtors Ca6h at bank 170043 170,043 94.D71 141,422 102,471 140115 14016 264,914 243,893 CREDITOR8 f8lllThJ due wSihln one yegr (39,108) 139,108) 135,544) NET CURRENT ASSETS 211,791 14J115 225,806 208,349 TOTAL ASSETS LESS CUIIREKr LIABILITIES 896,962 164A70 1J160,$32 1.DJ8,212 NET ASSETS 896,962 181670 1mO,$32 1,OJ8,212 FUN08 Unresirtted funds R881rtctsd fund¥ 895,962 164,S70 844,040 163.072 TOTAL FUNDS 1,060,632 1,W8,212 The flnanclal stalernents V+Yre aFpr(Affjd by tho Bo of Tru8t8os av¥J authorf8ed for Issue on 15 thtober 224 and were 81gned on its beh1 by.. C Tevthestwry. Trustee The notes foThn part ofthese fmaThial ststwrts
REDHILL BAPTtST CHURCH NOTES TO THE HNANCIAL STATEMEPITS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POUCIES 8a818 ol prepartn9 the Ilnancbal •tstem•nts The financkal Statements of the chaiity. YA)T¢h ts a publ benefft entity under FRS 102, havg b prepared in accordance wth the ChanW SORP IFRS 1021 'fv£counb"ng and Rewting by Charitres: Statement of Recommended Pr%lu akYlab[e to chaiitses preparing thr accounts in accordance with the Finanaal Reporting Standard aFPlb]e in the UK RepUtrc of Irdan(J IFRS 1021 leffective 1 January 20191,. Finanual ReF#Nting Standard 1(r2 The Financi RepJrtiThJ Standar(J appllcable in the UK arbj Republic of Ireland, and th8 Chaiities kt 2011. The finarKial st8temtrnts have be wapared undar the historical cost conven1. Thor8 arg no matsrial wK8rtainlies atth the c5 to Cxntirt. Incom• l incoming resourc are induded In the statement ol fin8ncaal •XivilJes when enlftment has pas8ed to the charity,. ri Is PTobat4e th•1 fhe ecortmii Lefft8 a$8<ted vnth thè transaction will flow to te charfty and the amount egn bè rdiabty measured. Tr folN)vhng specth poUcte8 are applled to P8rtkul8r ies of irKoffle.' - Income frcm donaikns or grants 15 rwniqed then therels of entbljemantto the glff p1 probable Bnd Its arnounl can be measured rdiabty. - Legy IrKomg Is recognlsed thgn r1p1 is wobabkn and ontlement i8 e8latAOshed. - Incorn• from donated goods ra messured 81 the fatr vatrje of ts gcJds unkss Is Impractleal to asure rellably, In whlth c888 th• value s derived from the to the donor or the estimated resale lue. Donated Ilit1&S 8nd servus Bre recognisad in the arrUnts %then recewed il thg valug ran be rlAb maasu. No amounts 8r8 iluded lor the contn'bution olgeneral volunteers. - Income from contro¢t8 for Ihe suppty of wvto• IJ recrynl¥•J with thg dgfvery of th$ ¢ontrxbJ 8ervKe. Thls Is ck$$rfied $ unre8trirted funds unless 1$ ntralI requirgmenl for it to be 4)enl on particular purwse and returned rf un6penL In wth case it rThay be regarded 88 re8lrthd. Expendltur• Expenditure is reccgni5ed on an accnM18 basi8 a8 a fiabOIIty Ls tncurr8d. Expènditure Iude$ any VAT whlch cannot be fuQy T•coverod, and IB dwBBifiBd under he•Jing• of the statem1 ol financkl act1vl1 to which tt relatss.. - ExpenditLrn on rdslng funds ude8 th• costs of dl lurthiWTrJ athltloB, ovents. w<th8rttsble trading iwties. and the $e of dcfjated - ExFendilure on charitabl& acbviknes incIe8 all c¥Jsts incurred by a charity In urertakIng athitios Ih8t further its charitable aims for the benefit of ts benefi0ar Irdurfirmj tha SUFP)rt (#Jsls and $t9 relating to the govemance of the chanty a[rime tc charitsb activities. - ov)èr exwdrtfft indje5 all eXFendItu that rwaied tt) ralslng funas for chaAty nor part of ts expenditure on charIlab w¥e9. JI costs are allocated to exFeTrJrtU cètegorw refiecting the use of the resollce. 'reCt cosis attrityjtable to a single aclbvity are all)ca dir• to that tsvity. Shared costs are apportKned botween the activthes Ihey contth(rte to on a reasonable. jusbfiabbB and consstent basis. continued...
REDHtLL BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS-eontlnued FOR THE YEAR ENDED 31 DECEMBER 2023 AccounNG POLICIES- conttnuod T#rylble ftxed TAngible re a&%ets are 8tated at cos( except foT the freehold Church premises. whh are stated al valualiffi obtaina(l in 1995. Tha prern have not been revBlu&J nce 1995 as the EhJeTship consklers that the costs involved In oblanlng an Wall1}n oulh thè valuè of the Informatth to the hurch's members. Freehokl property Is rpst depreciated as 15 the Eklersh'S to maintsin the buildlngs to such a 8tsndard that Ihdr estimated resM1ual value i8 rwl kss th•n their bk valuè. yJJ4'8ct to markgt IluctrJ8tkns. Deprttknlh)n18 provhJed at the rate8 tn orfèrto lte off èath •s#etCNer it# estimated usèful lif?.. Impfovements to propety - 7% on (yjst Computer equipment - 25% oft cost T•xallon The charity L8 exempt from lax on Its charitsble acovioes. Fund accountlnq Unrestricted funds we availabb lor Lne 8t drItI of the InJstM8 to any of the charltys purposes. De5kanated funth are unroStrI fvnds wmwkwj by the trustoes for parttcu fulure project8 or Rfrstrtcted fuThJry •u¥ecled to on IINItr exp11? dec4ared by tho or through the tenn8 01 gn ype81. and lan Into ¢Th Oft aul>daoses: r8strrA•J Ir•>Th lunds or OWMent funds. Penslon costs and othw pOSt-r1m•nI bort•fit• The Church conlrtbute5 to peon 8rrnrvJements foT thè PAS10 Thè Pa8tcrfb ttrte a dèfined ¢onlributkn stakeholder perffjion scheme. The ccntributitins chty in thtr ac£ounts whèn due for paymenL Th& Church also OFeT¥tes an autwr01mI defined conlritrAA>)n Bthemè other Btsff member8 Ift awydonce wlth pensw regulgtion8. The arE th8rgpd in thè xcounts when due for paymenL Provlslons ProVI3S afe recognjsed Yrtwi the entity has an OlgatIOn at the rewb'ng date gs a result of a p88t event, 11 is probab Ihat the entity ill be reqUj lo transfer eC0MiC benefits in setuement and Ihe amount of the ONWJat can te eStirnaJ reliabPy. Provi0 a recwnwd 88 8 Ilability In th8 Ststemant of finanrial po1) arKI the aThunl of the pthiOn as an eypense. ProwsKMs are Inl1• me8jud at v)e best tsumaie of the affKJunt requi to lh& OlgatiOn at Ihe reporting dale and subsequenty revfjth¥ed at rekxwb.ng date and adjusted to reflect the ojrrent beBt estimate ol the amount that be requtred to seiibe the oblytion. Any adluslmenls Ic the arnounts pr¢yhw$ty recognwd are renO in irKorre or expgnditure unl9$9 was 0ri9tnally recognised as part of the cost of an osset When a SlOn ts measured al the prosenl vglue ol Ihe amount expected ¢0 be wuired to settle the obfga. the unvAndwg of the discount Is reLognised as a finan cost in the statemerrt of fmanoal thibes in the FefKKI it aii58s. and rs anated to the appropriate expenditure headirKJ. -10- continued...
REDHILL BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 INVESTMENT INCOME 2022 Oeposlt account interest 1,041 136 TRUSTEES. REIIUNERATION AND BENEFITS 2Q23 2022 Truste88' 8dart88 Trustees, pensiwffj 36N33 2N98 Tl.393 7,744 37.931 85.137 No sum8 re rml$ed lo the Ehaers fc< their VKrk 8$ Ehjers in eiiher year. The expen3es recorded are expenses p81d h rd8titsn lo thelr ordln8ry not thelrwork as Ttee8. 2023 2022 Tru81••s' •xwnMs 1,024 1.720 STAFF CO8Y8 2023 2022 Wages and saLqde8 Social security costs other p0Th costs 77,017 981 1,411 118.650 4,B52 79,409 124,144 Th8 a¥orag8 morthty numtor of ompkyrns durirvJ tho yearwas as fofKNM'. 2023 2022 No emF4oyee8 rt¢tyved emolumenls In excess of £60.ofA). -11- conlinwl...
REDHILL BAPTIST CHURCH NOTES TO THE FINANCIAL STATEPJJENTS- Gontlnued FOR THE YEAR E14DED 31 DECEMBER 2023 COPnPA14ATIVES FOR THE STATEMENT OF RNANCIAL ACTMTES UnYe8trlcted Restrkted fund funds Total funds INCOME AND ENDOWMENTS FROM DonatnS aThJ *aaes 261.455 6.737 288,192 Charttsble actlvftles 13.928 13,928 Invgslmgnl income 136 Tot•1 275.519 6.737 282,256 EXPENDrruRE ON Charltable actlvltl•8 Charllabb activ 2403 4.911 281,314 Net galns on In¥trf•nts 16.648 18.840 NEf INCOIAE TrnnBforn bptwmn fvnd• 37,588 555 Pthl mo¥•m•nt In fvnd• 36.317 1,271 37,688 RECONCILIATION OF FUND3 Totsl fvrKl• brought 182,401 970.824 TOTAL FUNDS CARRIED FORWARD 844.0 183.672 1,008,212 -12- continued...
REDHILL BAPTJST CHURCH NOTES TO THE FINANCLAL STATEMEpifJ- continued FOR THE YEAR ENDED 31 DECEMBER 2023 TANGIBLE FIXED ASSETS FreeholdlmpTovem•nts prortY to prop•rty Computsr equlpment TotaLs COST At l January 2023 Addrt(ons 759357 53.647 863.604 39,362 39,302 At 31 Decembar 2023 7159357 80.182 63,$47 802,066 DEPRECIATION At 1 January 2023 Charge lor year 2Y7 53,741 4.499 At 31 Decemtor2¢y23 51053 68,240 NET BOOK VALUE At 31 December 2023 759257 73,S7S 1094 834728 At 31 December 2022 759.257 37,853 2,753 799,883 The freehokl churth premises were revalued In 1995 An th• surplus M rvmluaifon at that dats of £150,CQO is Included In the above of £759.257. DeBTORS: AMOUNTS FALLING DUE IThIN ONE YEAR 2023 2022 Accrued gfft akl Pr•payment• 166,029 4,814 138,153 3.269 170,843 141,422 -13- c(*rfrnued...
REDHILL BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 CREDITORS: AMOUNTS FALLING DUE WIThIM ONE YEAR 2023 2D22 Trad8 credikns Other credrtors Acuuad expanses 29 8.505 27.010 33n 3WS 39.108 35,$44 MOVEf¥lENf IN FUNDS mov•ment Inlu At 31.1123 At 1.1.23 UnMtrl¢tsd lund• General fund 61822 096,962 trfcted fund• Propety Revalualhx Re8eTh Cod-19 Fund Bawa Bgreavemènl Fund Redhlll Communlty Ftsjd Gmt CMES Computer Equipment 150000 2J03 102 150.000 2,303 102 6,681 5,071 413 14831 163072 184,570 TOTAL FUNDS 1mB.212 52.320 1,060,532 nhJvem•nl In fvndi. Induded In the aby46 ern u fc4kn*1.' Incomln9 RMouvc•• rn•ourcM •xp•nd•d M¢v•m•nt In fvnds Unmtrlct•d lund¥ General furyj 266.811 01,422 Restrlet•d fund• Redhill Community Fo)d Gftyjp CMES 1,381 1.239 11.7221 4.160 13.2 TOTAL FUN08 269.771 1217,451 52,320 -1 cfjntlnued...
REDHILL BAPTIST CHURCH NOTES TO THE FINANCM STATEME1S-CODt1ued FOR THE YEAR ENDED 31 DECEMBER 2023 DAOVEMENT IN FUNDS- contlnu•d CoMpar•t1 for mov•ment In fund8 Trnn8f•rs movwnent botw8•n In funds nd At 1.1.22 31.12.22 ilnre5trlctod funds Genefal frJr*J 808.223 555 R•strkt•d fund• Property Revaluallon Rese Covid-19 Fund Bassra Bereavefnent Fund Redhi15 Community Fd Gup CMES Computer Equrnont 150,OC 150,000 2,304 102 5,300 6.554 412 1.360 112581 2254 11371 5.691 (5551 182.401 16S51 183,872 TOTAL FUNDS 970,ff24 37.588 1,008,212 compara n•1 mov•rMnt In InclLkled In the 4bM are M Ic41M' Ineomlng Resoure (Wn8 and niov•m•nt In furtd# Unrestrlct•d fund• Genernl lund 27S,S19 (286,4031 18.846 36,762 Rmtrlcted fund• Bassra Bereavement Fund Redhlll cmUnIty Food Group CMES Computer Equlwrtnl 101 3,723 {1.359) {1.469) {1.8CQ) {283) 11.2581 2,254 (1371 967 6,737 (4,911) 1,826 TOTAL FUNDS 282.258 1281.314) 16.648 37.588 -15- ontinued...
REOHILL BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- eonthiued FOR THE YEAR ENDED 31 DECEIABER 2023 MOVEMENT IN FUNDS- contlnwd A current year 12 months and wior 12 moth (Xjmbv is as lolltrK: Trnnsf•Ys At 31.12.23 Atl.122 In fund• fund• Unrestrlet•d fund8 General fund 808.223 87.184 555 895.982 Re•trlctsd fund Property RevaluJbon ReBe CoMd-19 FUNJ BassTa Bgrgavemenl Fund Redhill Community Fc4Jd Gmup CMES wler Equipment 150.C(IQ 150,000 2,304 102 6,681 6,071 412 11,2581 3,635 16201 3.046 5.691 15561 162.401 2.724 16661 164,670 TOTAL FUNDS 970.624 89,WJ8 1.CiIO,532 A current year 12 months And prkn 12 nM>nthB tombln8d net ITmMt In fvThl#. thILkled in th above are as follyu&" Imxnlng Il¢•ourcM G•bM and Mov•m•nt r•ul¢m •xp•ndod In funds Unreltrfcted fund• Gpner81 fund $41,130 {470,32) 16,646 87,184 Restrlcted lunds B8ssra Bereavoment Fur Redhill C¢)mmunty Fojd Gro CMES Compuler Equlpmenl 101 (1,359) (3.009) {3.522) {283) {12581 3,635 (8201 967 2,9D2 1,250 10.897 (8.173) 2,724 TOTAL FUNDS 652.027 {478.765) 16.646 89.908 Restrtted fund8 fvnding given spe¢ifo extem¥l LVOSe approved ty the trustees. that are pa98ed on to Ihe spe¢if¢ prciects durthg Ihè crSe of fv year. Revalualion reserve is a restrthd ari5irvJ on the churc*'s premises rev8luatbJn in 1995. Thè revaluat (eserve represents th8 surplus of the 1935 valualion over the Original ojsts of the building. -18- tinued...
REDHILL BAPTJST CHURCH NOT&8 TO THE FINANCIAL STATEPIEKfs. ¢onllnu•d FOR THE YEAR ENDED 31 DECEMBER 2023 10. RELATED PARTY DISCLOSURES The Custoylan Trustee of ts Churth is the Bapti81 Unkn Cwthon rnited. whth is charty number 249635 and is cOntrold by the Bapts'5t Uni)n C1. The Church is also a member of the BapSt UnKJn of Great Britain and the Swth East Baptsl ASBCQatK. The Baptist UnKin vras £896 12022.. L8921 as a subscnption tésed on the num of regL8tered member5. South E8Stem Baptist AsKKion was donated £7,350 {2022'. £7,WOI. Thè hc¥ne mI881on lund, a fund that supports churches in the area Ihat do not have suffKent fiJnds. rewv&J £7,3LTh)12022'. £7,000). A payment of £16612022. £2061 was pw'd as a svb6cription based on the number of members registered with the churth. BMS Worhj Mlsslon, a relaled entity to the Bapts'st Unkn Of Gre8t Bntain, was donated È4.200 12022: £4.0001. 11 is an agency thal SUPFQrts pèr5crfinel arcnd tho wYJrkJ on shor( medium and k)ng terni mi8sion8. E ITvhvJ Is 8 trustee ol the Church Is paKI a stipgnd wl)kh is appffwed by th? ffnbers al the ènd of the year for thè CAX7)Ing yw ot a church rngbng. In thr capacty as pastor, one ethf rgcrn 8 IMyJBh¥J aikwmnce from th• chwch under 4 (enl agment and ong has us8 of a prcpety 08 man -17-
REDHILL BApnsT CHURCH DEfAILED sfATEMENT OF FINANCIAL ACTMnES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENtX)WMENTS Donatton8 and legacl 2¥330 268.192 Invo¥tmont Inc¢mo D•po8lt aeecunt Int•rnsl 138 Ch¥rttabl• •¢tlvltl Rental income Other Income 13,870 630 13.728 200 14,400 13,928 Total Incomlng rgwur¢ 289,771 282,256 EXPENDITURE ChArftabl• actlvltl•• Tru81ee8' 8alarle8 and benèfrt8 Tru8lees' pen8tons pah Tru8t88s' expenms Wages Suoial ¥eGurlty Pon8kn8 Direct Chadrab eXperlture Church and adMintrat Costs Charty ovetheads Deprecigtion 38.433 77,393 7,744 1,720 41,257 4,852 1,524 41,$84 981 1.411 26,370 78,486 21,686 4.499 10,648 77,445 31,400 4,013 214,461 257,114 Support colts M4nABom?nl Legal and professbnal 3,000 4,2 Total resryJrc89 expended 217AS1 261,314 N•t Inm0 b•forn galnl Ind IoBw• 51320 20,942 R•4ll••d r•¢ognlud galn• •nd lo•• Garried f¢)tward 49,320 16,742 Thr8 page doEB TV3t fl rArt ofthe staw finala1 slaternts -1&
REDHILL BAPTIST CHURCH DETAILED STATEMEKf OF FIMANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 R•allsed reeognlsed galns and loss4s Brought forward Acluartal gains on defined benefft 8ch*))es 49,320 18.742 16.646 Net Incoffle 52.320 37,588 This page does nol fomi wt of the statsrtory financial slalements -1