REGISTERED CHARITY NUMBER: 1199202
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 DECEMBER 2023
FOR
surroN COLDFIELD BAPTIST CHURCH
Wallace Cfooko
Chartered Accountants
& Registered Auditors
Wallace House
20 Blrmlngharn Road
Walsall
West Midlands
WS12LT

SUThON COLDFIELD BAPTIST CHURCH
CONTENTS OFTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Reference and Adrnln15traflve Detalls
Report of the Trustees
2 to 6
Report of the Independent Audltors
7 to 10
statement of Financial Activltles
Balance Sheet
12
Cash Flow Sta¢ement
13
Notes to the Cash Flow Statement
14
Notes to the Flnanclal Statements
15 to 28
DÈtalled Statement of Financial ActLVltie5
29 to 30

SUTTON COLDFIELD BAPTIST CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2023
TRUSTEES
Donald Campbell
Laurie Marshall IresFgned 241412D231
Judy Hyde
Mark Maybury
Louise Gore
Mafk Steel
David Gordon (appointed 2514120231
REGISTERED OFFICE
Trtnlty Hlll
Sutton Coldfield
W8sl Mldlands
B72 1TA
REGISTERED CHARITY
NUMBER
1199202
AuD￿OR8
Wallace Crook8
Chartered Accountants
& Registpred Auditors
Wallace House
20 Birmin9ham Road
Walsall
Wesl Midlands
WS12LT
BANKERS
The Co-operdtwe bank
1 Balloon Street
Manchester
M60 4EP

surroN COLDFIELD BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
The Iruslees present thelr ￿pOrt with the financial stalemenls of the ch2rity for the year ènded 31 December
2023. The trustees have adopted th6 provlsions ol Accounting and Reporting by Charities.. Statement ol
Reeommended Practice 8ppllcabk lo charltles preparlng their accounts in accordance wtth the Flnancial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 lefleclive 1 January 20191.
The Church w03 incorporated as a Charitable Incorporated Organi3ation ICIOI on 30 April 2023.
The trustees who have served during the year and since year end We￿ as follows..
Donald Carnpbell
Team Leader l Minist8r
Laurie Marshall
Davld Gordon
Elder Irelired April 20231
Louise Go
EliJ8r lapwinted Apiil 20231
Elder
Jurly Hyde
Eld8r
Mark Maybury
Elder
Mark Steel
Admlnistrator
Church Eldérs, the Taam Leader IMln151erl and Administrator are the church's Trustees. Elders are endors6d
by the Church Members. Meellng. The Team Leader Is 8 TTu5tee by nature of his role los agreed by thè
Charlty Commi55ionl and the Administrator was elected as a Tru?lee for the duration of his appointment by
the Church Member5. Meetlng In Iln8 with Ihe conslilution agreed by the Charity Commlssion.
The Church Memb8rs' Meetlng makes suggestlons to the Charlty Trust889 8nd the Church Members,
Meèting appolnts Charlty Trustees to be responsible for the governance of th8 Church. Whera the￿ Is a
S8nior Minister (Team Leaderl or Church Administrator in post, these persons ￿11 autotnatlcally be Charity
Trustees becau58 of (helr ro185 and responslbllitles.
Tru3tees spend Ilme mgetlng with employees and are fully involved in the life of the church giving them
detailed knowledge of the organisation. They ar8 also made awar8 of Ihelr obligatlons and iesponslbilllles
through Charlty Commlsslon publlcallons and lakè du8 regard to guidanc& published by the Charity
Commission. Addllional inforfflation is provided by Tha Baptist Union ol Great Brltaln.
Trustèès meet at least every two months and ensure the charity operates wlthin appropriate legal and
financlal legislallon. and In Ilne wlth pollcles and d8¢18lons made at Church Members. Meetings.
OBJECTIVES AND ACTIVITIES
Oblects of the Charlty In Governlng Document
Th8 princlpal purpose of the Church Is the advancement of the ChrSstian faith accor¢Jing to the principles of
the Bapilst denomlnation. The Church may also advance educatSon and carry out othar ch8rit8ble purposes
in the Unlled ￿ngdorn andlor other paits of the world.

SUTTON COLDFIELD BAPTIST CHURCH
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND ACTIVITIES
Incorporation
Over the past couple ol years the Trustees have been worklng to Incorporate the charlly. utilislng a pro￿$S
d8fined by tho Baptist Union of Great Britain working with Anthony Collins Solieitors.
On 7th Juno 2022 a new Charitable Incorporated Organi5ation was selup w&lh thg Charlly Commission for
England snd Wales. On 30th April 2023 the asse15 01 the unlncorporated charlly111313091 were Iransferred
lo the CIO111992021.
Actlvlt1¢5 Undertakon
It Is our Intention to make sens8 of life together and share the love of Jesus. Wè do this through a whole
range of actlvllles to fulfil our mlsslon in line with our charitable objects. It's our deslre Ihal there be
opporiunitses for everyone at all ages and stages ol life to gxplore the ChrisUan fallh.
Sunday Servlces
We have a broad offering of Sunday S8￿1¢e8 wlth somethlng for everyon8:
8'.30am Call lo Pray¢r Shown every week live on YouTube as we as people loining In the church
building.
10:30am Mornlng Service-. A weekly dynamlc servicB for people of all ages.
3'.00pm Glory Group.. A rnonlhly service for adults with laarning disabilities, their family and
friends.
4'.00pm Grow Togpther.. Every four weeks children and Ihe adults in their live5 gather around
tables to explore Chrlstlanlty uslng craft. quRzzes, stories and music.
6'.30pm Evening Serviee.. A weekly service Includlng worshlp and teachlng Isemion repeated from
th8 10'.30am seNieel.
On 8verage we m8et with over 400 different people oach SuF)day.
Food Bank
In 2023 the food bank continued lo see an Increase in dernand. A key priority for ourfood bank Is belng open
5 days per we&k and people not needlng a referral to access food. In 2023..
We saw a 20% Increase In households setved
14,092 bags of food were given out
Wa had 10,768 vlsltors
We were very grateful to be awarded a grant of £75,000 from the UK Govemment delivered by The Natlonal
Lottèry Communty Fund Ifrorn the Cornmunity Organ18allons Cost ol Llvhg Fund). The grant enabled u5 10
conllnue tho work ol our food bank through the end of 2023 and Into 2024. In partlcular thè grant reduced Ihe
pressure of finding flnances for the lood bank. allowing us to on wider support.
Actlvltles for Children & Young People
Our extensive provision for childr8n and young peopl8 providès a plac8 for Ihern to engage in excltSng
actIV￿e$ and learn about Chris112nity. Highlights withSn this area of our act￿4118$ Indude..
LI￿& Ark Playgroup for preschool chlldren to learn and play In a safe environment wlhout Ihelr
parentslcarers. This aclivlty is offered at a low cost as part of our cornrnilment lo supporting
families.
Llfe Groups for young people In secondary school provlde a ￿a¢e to connect with fri8nds, talk
bout live, study the Bible and prey together.
Special events for chlldren and Ihelr famllies. These have Sncluded a Lighl Paty and a regulèr
Oad'$ Brun¢h CILtb. both of whleh were very well attended.
Annual carnp for young peopSe aged 11+.

surroN COLDFIELD BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND ACTIVITIES
AGtlvStle$ for Adults
Throughout the week we offèr a wide range of activilies for adults. Whils1 every actlwly is different they are
unifled around belng a place of friendshlp and community. Aciivlties include Ladies, Fellowship, Dlvtsrce
Recovery Workshop, Board Garnes Evening, Artabillly. Seniors Lunch Club, Badmlnton. Photography Club.
Engllsh Conversation Practice and Open Door Coffee.
Falcon Lod9tr
For many y8ars Sutton C¢ldfield Baptist Church ha8 been closely afFi1￿[ed with community of Falcon
Lodge through our Second Thoughts shop. The shop seeks to promote comrnunily and prDvide support to
the local r85idenis.
Artslng from our affiliallon wllh Falcon Lodge, we were approached by Falcon Lodge Chapel to request
1&8dershSp support for the fellowship. We entered into a Covenant Partnershlp with Falcon Lodge Chapel
whleh cornmencad In 2023. Sutton Coldfield Baptlst Church WNI be offering leadership 5UPPOrt lo help grow
new Chrlstlan faith al Falcon Lodge Chapèl.
The Alpha Course and Llvlng the Llfe
Every week we offer courses two eourses..
The Alpha Course for Ih058 exploring more about Christian fallh
Llvlng Ihe LSf8 for those new to Sutton Coldfleld Bapt15t Church and looklng to live out thelrfalth
On average 30 people attend our Wednesday evenings where we se￿8 dessert and drink5 before
cornrnenclng the course eontent.
Mls¥lon and External Glviftg
As is our normal practic8, 25Qh of income recelved 1$ used to support Chrlstlan needs oulsSde the direct
ministry of Sutton Coldlield Baptist Church. This includp5 tllission partners ol our church workin9 In the UK
and abroad and sUPPOrting other 88pti5t ministries. In 2023 thls totaled over £144.677.
Aehievemenl and performance
Rlsk Assessment
Our risk assessmènt Is kept undEr eon5tanl review to ensure our policies, pr0¢8dure3 and practice comply
Ih all current legSslalion. Assessment of risk features as a standing agenda Ilem and our r15k assessment is
fully re￿eWed annually.
The Trustees do not feal there are any $ignsfKant iisks to th8 5tabillty of the charity at thls Ilmè.

surroN COLDFIELD BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
Flnanelal revlew
Income
The malorlty of Income for the charity is glven vla voluntary donauons from th8 membershlp, congregatlon
and loeal community.
In 2023 we received grant8 to support thg work of our lo￿ bank Icomrnunlty Fund).
RevSew
Th8 balance of the General Fund Ilhe maln operating source for the ￿ganiSatIon) at thé 8nd of 2023 lotalled
£14,614. Whilst incorne was below budget, Ihe organisallon rnade soma expènditure savings agaMst budget
whlch offset reduclSons in income.
Over £144.677 was sel aside from the General Fund lo support Christian needs DutsirJ8 the direct mlnistry of
Sutton Coldfièld Bapllst Church.
Reserves
The Trustees revlewed the Reserves Pollcy durlng 2022 and Increased tha re58rve amount from £75.000 to
£80.000. Thls figure is modelled on threè months core expendlturè whl¢h the Trustees have d¢termined to
bè a¢ceptable ss part of ihelr ongoing approach to risk rnan£gem6nl.
The Trustees monitor the organk8ations polScy on reserves. The level ol reserves far thè organlsation 18
malntained at £80,000 Imodelled on threg months core expenditure).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The Ch8rily is controlled by Its governirvj docurnent, a deed ol trust and wn8litutes a CIO. On 301h April
2023 the org8nisallon L4ndeMent a process to Incorporate a5 a Charitable Incorporated Organ15allon.
STATEMENT OF TRiJSTEES' RESPONSIBILITIES
The trustees are responslble for preparing the Trustees, Report and the financial statements in accordanc8
wlth applic3ble law and United ￿ng￿orn Accountlng Standards Iunited Kingdom Generally Accepted
Accounting Practice) Including Frnancial Reporfng Standard 102 Thè Fingncial Reportlng Standard
applieabla in the UK and R6publlc of Ireland..
Tha law appllcable to chariugs In England and Wales. th• Charl￿83 Act 2011. ChaT5ty (Accounts and
Reports) Regulations 2008 and the provislons of the trusl deed requSres the trustaès lo prapar8 financlal
s18tern8nts for each financial year whlch give a true and fBlr vlew of tho state of affairs of the charity end ol
the Incoming resources and application of resources, including the Income and expendilure. of th6 charlty for
that period. In preparing thosg ffnancSal statement6. the trustees are r8qulrgd to-.
8ele¢l su51abltr 8ccounllng pollcles and then apply them ¢onsislenlly',
observe the methods and principles in the Charlty SORP.,
mak8 judgements and estlmales that arg reasonable and prudent.,
state whether applicable a¢coundng standards have been followed. Subject to any m8terlal departures
disclosed and explalned in the financi31 staternents..
prepare the flnanclal statements on the golng eonoern basls unless It Is Inappropriate to presume that the
charity wlll eonlinue in business.
Tha Irust8e5 are responslble lor kseping proper accounting records which disdose with reasonable aceura¢y
at any time the fln8n¢lal position of the charity and to enable them to ensure that the financi81 sl8temenls
¢omply with the Charities Acl 2011. the Ch8rity (Accounts and Reports) Regulations 2008 and the provisions
of the trust deed. They are also responsible for Safegua￿5ng the assets of the Charity and hence lor taking
reasonable steps for the preventlon and delection of fraud and other irregularflies.

SUTTON COLDFIELD BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Approved by order of the board ol trustees on
and slgned on ils behalf by..
Trustse

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
surroN COLDFIELD BAPTIST CHURCH
Oplnlon
We have audited the financl81 $lal*rnent5 of Sutton Coldfield Bapllst Church Ilhe 'ch8rty'l for the year ended
31 Deeetnber 2023 whlch compr15e Ihe Staternenl of Finan¢lal Aetivi1185. the Statement of Financlal Position.
the Slalemenl of Cash Flows and notes to (he financial statements, Includlng 5ignrficanl accounfjng polieles.
The financial reportlng framework that ha5 been applied in their preparation Is appllcable law and United
Klngdorn Accounting Standards, Indudlng Rnancial Reportlng Standard 102 The Financial Reporting
standard appll¢able In the UK and Republic of Irel8Trd {Uniled Kingdom Generally Accepted Awountlng
Practi￿1.
In our opinion the financial staternents..
give a true and fair view of the state of the chari(y's affairs a5 at Idatel, and of Its incoming resrxjrces and
application ol resources, Snciudlng Ils Incom& and expendllure, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Aee8Pted Accounting
Practice,. and
bave been prepared in accordance vthth the requirements of thg Chariues Aet 2011.
Basls for oplnlDtI
We ¢ondu¢led our audSt In accordance wlth Internauonal Standards on AuditSng IUKI IISAS IUKII and
appllcable law. Our respon5ibllit￿s under those standards are furiher described in the auditor re5ponsibllitles
for Ihe audit of the financial slaiements section of our report. We are Independent of the charlty In
accordance wlth the elhlcal reqU1￿MentS that are relevant to our audit ol the financial statements in the UK.
Including the FRC'S Ethlcal Standard, and we have fulfilled our othèr ethical r&sponsibllilies In accordance
th these requlrements. We bellev8 that the audit evidence we have obtalned is suffldent and approprlate
lo promde a basis lor our opinion.
Concluslon$ rolating to golng concern
In audlbng the flnancSal statemènts, we have concluded that the trustees, u$0 ol th? going (x)nc8rn basls of
accounling in the preparatlon ol the financlal statements 1$ 8ppropriale.
Based on the work we have performed, we have not Identified any rnaterial unc9rt8inlies relalSng lo evènts or
condltlons that, Indlvldually or colleeiively. may cast signiflcant doubt on the chadty's abillty to continu8 as a
going concern for a perlod of al least tsvelve months from whon thè financlal statements ar8 aulhorlsed for
ISSU8.
Our rèsponslbSlltles and the rèsponslbllltles of the trustees wfth respect to golng concern are descrtbed In the
relevant sections of this report.
Other Informatlon
The other informatlon compri3e$ the Information Included In the trustees, annual report, oltter than the
financial statements and our auditor's report Iheretsn. The trustees are responsible for the other information.
Our opinlon on the financi81 statements does not Cover the other InfoTmallon and we do nol express arw fortn
of assurance oonclusion thereon.
Our respon51bllity Is to read the other information end. In doing so, conSKler whether the othér inforrnallon Is
rnalerlally Inconslstenl wlth the finan¢lal statements or our knowledge obtaln8d in the cour$8 of Ihg audll or
otherwlse appears to be malerlally mlsststed. If we Identify su¢h malerlal In¢onsistencles or 8pparenl
material rnisstat2rnenls, we are required lo determine whether this gives rise to a maleilal mlsslatement In
the financial staternenl? thernselves. If. based on the work we have performed, we condude that there is 8
matèrfal misstatement of this other Inlormallon, we ara requlred to report that lacl.
We have nothlng to report In this regard.
Mattèrs on whl¢h we are r•qulred lo rèport by oxceptlon
We have nothing lo report in respect ol the following matters where the Ch8ritie8 IArLountS and Reports)
Regulations 2008 requlres us lo report lo youll, In our opinion..
the Inforrnation given in the Report of the Trustees Is inconsistent in any material respect ￿th the financial
statements., or
sufficlent accounting records have not been k8Pt- or
¢hg financlal slaiements aro not In agreement wlth the accountlng records and r8turns'. or
W8 have not re￿1ve[j all the information and explarsations we require for our audlt.

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
surroN COLDFIELD BAPTIST CHURCH
Rè$ponslbllÈtle$ of truste&s
As explained tnore fully In the Statetnenl ol Trustee5' Respoll5ibllilles, the trustees are responsiNe for the
prepaFation of the financlal statements whlch glve a true and falr Mew, and for such internal control as th8
trustee5 deterrnine is necessary to enable the preparation ol financial slatemenis Ihat are freo from material
rnlsstatement, whether due to fraud or error.
In preparing the financlal ststernenls. the Iruslees are responslble for assesslng the charity's abilily to
¢ontinue as a going concern, di5c1051ng. as applic8ble, matters related to going concern and uslng Ihe going
concern basls of accounting unless the Irust89s ellher inténd to IlquldAte the charlty or lo ￿ase operations.
or have no realisllc &ltgrnative but to do so.

REPORTOF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
surroN COLDFIELD BAPTIST CHURCH
Our re$ponsibllltles for the audlt of tho flnanclal $tatem•nts
We hava been appointed as auditors under Seclion 144 of the Charities Act 2011 and Feport in accordance
th the Act and relevant regulalions rnade or havlng effect Ihereunder.
Our objeelives are lo obtain reasonable assurance about whether th8 flnanclal statements as a whole are
free from material mi5slatemenl, whether due to fraud or error, and to Issue a Report of thè Independent
Auditors that includes our opinion. Reasonable assurance is a high level of assurance. but Is not
guar8nte8 that an audlt conducted In &oeordance with ISAS IUKI will 81ways detect a rnateri81 misstalemenl
when11 exlsts. Misstatements can ar15e trorn fraud or error and are consldered matèrlal il, Indlvidually or ln
the aggregate, they could reasonably be expected lo influence tho economic decisions of users taken on Ihtt
basls ol these fIn8ncial slalemenls.
The extent to which our procedures ar• eapable of detectlng Irrègularltles. Includlng fraud Is detalled
below:
Irrggularllies, Including fraud. are instances ol non-cornpllance with laws and r8gulations. We d&slgn
proCedu￿S in line with our responslbi1Slles, outlined above, to detect material rnisstalements Tn respect ol
Irregularllles. includlng fraud. The objectives of our audit are lo obtaln sufficlent appropriate audll evidence
garding compliance vmth laws and regulations that have a dlrect eff&cl on the determlnatlon ol materlal
arnount$ anL1 d15dosures In the fln8nGial statements, to perform audit procedures to help Identify instan¢es of
non-compllanee with other laws and rsgulalicns that may hava a rnateri81 effect on the financlal Slal8menls,
and lo respond appropri4tely to Idenllfied or suspected non-cornpliance wllh laws and regulations identified
during the audiL
In relation to fraud, the objectives of our audit are lo identify and assass the ri3k of material mlsstaternenl of
the financial statements due lo fraud, lo obtain suffiaent 8pproprlale audit eviden¢e regarding the asse55ed
rlsks of materi81 misslatemefjl due to fraud through deslgning and imp18fflenling approprlate respon585 and
19 respond approprlat81y to fraud or suspected fraud identified during the audit. However. it is the primary
responslbS1ity of trustees, with the ovErsight of those charged with govem2nce. to ensure that the entity'5
operations arè conducted in accordancè wlth the provisions of laws and regulatlons and for the prevention
and detectltsn of traud.
Based on our understsndlng of the charity. we identified that the princlpal rfsks ol non-compliancè with laws
and regulations related to th8 Charities Act 2011. and we considerèd tha extent to which noncompllance
might hav8 a material effect on the financial st8temenls. We evaluated rnan8g6rnent's incenlNes and
opportynilies for Iraudu5ent manlpulallon of the liftanelal statements (including the rlsk of override of
controls). and deiermlned that the principal risk5 were related to the posting of inappropriate journal enlrles
8nd rnanagement blas Sn kgy accounlSng ludgemenls and e8timÈtes. In idenlifylng and as5es51ng r￿kS of
mat6ri81 ml$statement In respect of irregularities, includlng fraud, the audlt engagement team-.
obtalned 8n underslandirvJ of the legal and regulatory framework that the charity operates in a￿d how the
charfty Is colnplying wlth thg lègal and r8gulal¢xy frarnework.,
inquired managemanl and Iru5t8es, about their own identification and assessment of tke risks of
Irregularftles. including any known actual. suspeeted or elleged in5tance5 01 fraud..
discussed matters about non-compliance with laws and regulations and how fraud might occur induding
assessment of how and where the financlal slaternents may be susceptible to fraud..
reviewed mlnutes of rn8etings ol the Board of Trustees to identify significant or unusual transactlons and
known or suspected Instances of fraud or non•compllance wllh laws and regulations
revlewtrd accounting estimates for blas and evaluatlng whethèr ctrcumslanceg prorjuclng any blas,
rapresent a risk ol material m15Stat&ment due lo fraud., and

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
SUTTON COLDFIELD BAPTIST CHURCH
Because of the inherent limilathMs 018n audit, there i¥ ? risk that we will not detect all iwegularilies, includSng
those leading to a rnalerial misslalement in the financial stalemenls or non-compllance wllh regulalion. Thls
risk Insreas?s the more thal compllance with a law or regulation is rEtnoved from the evMIs and transaclions
rellecied in Ilie financlal slalemen15, 8s we wlll bÈ less likely lo becorne aware of instances of non-
compllance. The r15k is also greater regarcling irregul8rllies occurrlno due to fraud ralhor ￿an Error. as fraud
Invofves Inlentlon31 con¢ealfflenl, forgeryi collusion, omls5ion or mlsr8pres8nlaUan.
A further description of our r8sponslb51ilies for Ihe audll of tl)& fina￿181 51alefflenis is loEalÈd on the Flnanclal
Reporting Council's websiie 81 wNw.frc.org.uklaudilorsr8gponslbilllie&. Thls d?scrIpt￿n form$ parl of our
Report of ihe Independent AudllcKs.
Use of our reptsrt
Thi5 report is made solely to Ih? charity's Iru51ees. 85 t body, In accordance wlh P8rt 4 of the Charitie5
IAccounts and Reporlsl Regulallons 2008. Our audit work has been undertaken 50 Ihal we might slal8 ID the
tharity's trustees those malt8rs we are requlrBd lo slate lo Ihern In an audltorfs report and for no othor
purposp. To the fullesl exlcnl permitted by law, we do not accept or assume respDn5ibilily to anyone other
than the ¢harily and the charlty's Iru$lees as a body, tor gur audli work, for Ihls rgport. oi for Ihe oplnlons w8
have formed
IAI o,1(6L¥L 6rfE>O
Wallace Crooke
Charte￿d Arcounlanls
& Registered Auditor5
Walla¢e House
20 glmilngh8m Road
Walsall
We51 Mldlands
WS12LT
Dale-.
1411012024
Wallace Crooke Is eliglble to act as 8uditors In terms of Sedion 1212 of Ihe
Companles Act 20D6
-io-

SUThON COLDFIELD BApfisT CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Total
fvnds
2022
Total
funds
Unrestricted Reslrlcled
tun(tS
fund
Notas
INCOME AND ENOOWMENTS FROM
DOna￿onS and legacies
754,970
30,087
785,057
806,417
Charftable actlvltles
Org8nlsalions
Second Thoughts
Under 55
Grant recelved
2,007
17,327
11,703
75.000
2,007
17,327
11,703
116,166
1,515
11.891
11.763
41.166
Other tradlng aclivitles
Investment incotn
1.172
1.172
3,309
916
1,374
Total
600,817
138,124
833,876
EXPENDITURE ON
charltable actlvltles
Organisatlons
Faciliknes
DAisslon
Chlldren & Young People
Employment Cos15
Sundry Expenses
Administration
Depreclatlon
Bank charge
Legal fees
Audit fee
14.563
14,563
74,306
157,113
33,139
387,328
128,850
49,263
47.281
968
20.286
69.957
153,002
30,872
388,548
79.314
78,118
43,024
1.116
2,229
74.306
154.712
33,139
364,714
99.865
43,989
6,000
968
2.401
22.614
28,985
5.294
41,281
6,434
rotzl
784107
115.138
899,245
NET INCOMEIIEXPENorruREI
Transfèrs betwe•n funds
18.510
20,986
7,461
37,496
136,7601
20
Nèt movement In funds
9,049
28.447
37,496
136,7601
RECONCILIATION OF FUNDS
Total funds brought forward
1,048,398
292.568
1,340,966
1.377.726
TOTAL FUNDS CARRIED FORWARD
1057,447
321,015
1 378 462
1340,968
CONTINUING OPERATIONS
l income and expgnditure has arlsen from coniinulno a¢tivlUos.
The notes form part of these flnanclal Statements

SUTTON COLDFIELD 8APnST CHURCH
BALANCE SHREr
31 DECEMBER 2023
2023
2022
Notes
FIXED ASSETS
T8ngible assets
14
1.093.325
1.134.265
CURRENT ASSETS
Debtors
Cash at bank and In hand
15
16
28,238
269,994
S4,887
170.400
298,232
225,287
CREDrroRS
Amounts falling due within one year
17
{13,0951
{18.5861
NET CURRENT ASSETS
28S 137
206 701
TOTALASSETS LESS CURRENT
LIABILITIES
1.378,462
1.340,966
NET ASSETS
1,378,462
1.340.966
FUNDS
Unroslricled funds:
General fund
Designated
20
143.478
913.969
13,739
1.034 659
1 057 447
1048 398
Restrfcted funds
321015
292 568
TOTAL FUNDS
1,378,4C2
1.340 966
Th8
nclal statements were approved by the Boarij of Trustees and authorised for issue on
itsL4...................... and were slgned on its behalf by..
Trustee
The notes form part of these financlal statements
-12-

SUTTON COLDFIELD BAPTIST CHURCH
CASH FLOW STATEMENT
FOR THEYEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operatlng a¢tlvltles
Cash generated Irorn operations
10262£
Net cash provided by operating aeti¥Alies
102,626
Cash flows from Invèstlng activities
Purchase of tangiblè fixed assets
Int8resi r8celved
IE,3411
147,4541
Net cash used In Inv8sling acllvfties
47.4541
Change In cash and cash equlval•nts
In the reporting period
Cash and cash equlvalents at the
beglnnlng of tho reportlng period
99,594
117,6811
170.400
Cash and cash equlvalents at the end
of th8 reportlng perlod
269.994
170,400
The notes form part of tre8e financlo18latemenls
-1&

SUThON COLDFIELD BAPTIST CHURCH
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2023
2022
Net in¢ome/lexpendlturÈl for the ￿POrtIng perlod las per th•
StatemÈnt of Flnanc121 Actjvltlesl
Adjustments for..
l)epreclalion char9es
Interest received
Decrèasg in debtors
(Decreasellincrease in creditors
37.496
136.7801
47,281
13.3091
26.649
5.491
42,574
9.256
Net eash provlded by optrations
102,626
29.793
ANALYSIS OF CHANGES IN NET FUNDS
At 111123
Cash fiow
At 31112123
Net cash
Cash at bank and in hand
170,400
99.5Q4
269,994
170,400
99.594
269,994
Total
170.400
99.594
269.994
The notes form part ol these flnan¢lal 8iatemenl8
-14-

SUThON COLDFIELD BAPTISTCHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEM8ER2023
ACCOUNTING POLICIES
General Informatlon and basls ol prgparlng the finan¢lal statements
The financlal staternents of the ¢h8rity. whieh is a public benefit entlty under FRS 102. have been
prepared in accordance wllh the Charities SORP IFRS 1021 'Accounling and Reporting by CharitiEs'
Statement of Recommènded Practlce applicable lo charilles preparing Ihelr aecounts in accordance
4th the Financisl Reporting Stand8rd Bpplic8ble in the UK and Republic ol Ireland IFRS 1021
leffectlve 1 J8nuary 20191., Financial Reporting Standard 1D2 'The Flnanclal Reportlng Standard
8ppli¢able in the UK and Republic of Ir818nd' 2niJ th8 Charilies Act 2011. The financial $tatEmen15
have bè8n prepared under the hlstorfeal cost conventlon.
The flnanc121 statements have departed from the Charities (Aecounts and Reports) Regulallons 2008
only to the extent required to provlde a tru& and falr VI￿. Thls departure has Involved follomng tha
Statement of Recommended Practlce f¢r charflles applying FRS 102 rather than the v6rslon of the
Statement of Recommended Practice whlch is referred to In the Regulations bul which has slnce been
withdrawn.
Tha financial slalements are presented In sterling which is thè fun¢lh)nal curr&ncy of the char5ty
rounded to the nearest p￿nd.
In¢omè
Al income Is recognl8ed in th¢ S181ernent of Financial Activities once the charity has entitlement to tha
funds. Stls probable that the incorne be received and the amount tse measured rellably.
Donations a￿ accounted for 9ross whon recelved.
Legacles are accounted for on the earller of notiflcatlon of an impending (Jistrfbullon
and the legacy being recelved. provlded that the legacy can be proptsrly quantifigd.
Inv8Stment Income15 Inclvded In the acoounls in the year In which it receivable.
Expendllure
Liybllilias ar8 recognlsed as expendltura as soon as there Is a legal or constnjcttve oblwJalion
Cotnmittlng the Charity lo that expendilure. It Is probab18 that a transfer of economic b8n8fits wlll ba
required in $8tllement and th8 amount of the obllgatlon Can be measured reliably. Exp8nLlilure is
accounted for on an B￿ruar$ basls and ha5 been ¢lasslfied under headings Ihal aggregate all cost
relat6d to the catègory. Where costs cannot be dlreclly attributed to partlcular headlngs they have
been allocated to activltles on a basis consi31enl wllh the use of resources.
Costs of r81slng fvnds are not matèrial. as the Church does not make form81 appeals
for funds.
Charitable ac11vltles represent expenditure in the furtherance of the obje¢lives of Ihg
Church.
Grants payable to othèr organ15ations whose eharltable objects complement the work
of thè Church, are agreed on an annu81 ba8ls and accounted for in the year in which
they a￿ eornmilted.
Irreeoverable VAT Is ¢harged as a cost against the actI￿ty for whrch the expenditure was Incurred.
Support cost$ allo¢ation
Support costs are those Ihat asslsl the work of the charlty bLrt do not dlréeuy r8pro8enl charllab
activitl8s and Include off c8 Costs and governanoe costs. Where support costs cannot be ¢Yirectly
attributed to particular headings, they have be8n allocated lo cost ol ralsing funds and expendllure on
charilable aetlvltlè$ on a basls conslstent wllh use of thè resources. This represents direct exp8ndilure
on the governan￿ ol Ihe church. Most of the managemenl Is carried out wllhtsul ¢harge by
volunteers. This intangible Cost is not Included in the SOFA since there is no measurable cost to the
volunteers for their servic&.
-15.
contSnued...

surroN COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS . contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIE5- continued
Tanglble fixed assets
The church premises aro Induded Sn the balance sheet at as ascertainlng a market valoatv)rJ
would Incur significant costs whlch would be onerous compared wlth the addition&1 benefit galned by
the user of the account8.
The Manse premi99¥ 8re slated al cosL
Fumiture and equipment In the church premises In Included at cost or valuation bss accumulated
depreclallon.
Depreclalion has not been charged on the Manse premises, because In the oplnlon of the Trustees,
the residual valuè ol the asset Is not less than the original cost price. Depreciation has been charged
on the hall exlensionl ￿furbi5htne￿t work1£300,QOO 20071081 over a 50 year perlod.
Depreciation on other fixed assets 15 calculated lo write off the cost on a straight-line ba$ls over their
expect8d useful Ille, at the followlng rates..
Rèfurbishment ol worshlp buildlng
Fumiture and fittings
Computer equlpmenl
Community bus
10°1fj Stralghl lirse
25% slraight line
25Qk stralght line
25°k straight Ilne
Taxatlon
Th8 charfty ￿ exempt from corporalon tax on Its charhablè aclivltle5.
Fund ac¢out)tlng
Unrestricted funds can be used in accordance with the charllable oblectfves al th8 discretion ol Ihe
Iruslees.
Reslrlcted funds ¢an only be used for particular r8slri¢t8d purposes within thè objects of tha charity.
Restrictions arise when specrfied by the donor or when funds are raised for particu18r restricted
purposes.
Further 8xplanation of the natur8 and purp05è of each fund is Included In the notes lo the financlal
staternents.
Penslon costs and other post.retlrement bet7eflts
The charity operates a dgfined conlribution pension scheme. Contributions payable to the chaiity's
p8nslon schema are charged lo thè St8ternent of Flnanclal Act￿1110$ In the perlod to whieh they rela¢e.
Debtors and creditors rec8ivablèl payable wlthln one year
Deblors 2nd cr6dilor$ with no staled Interest rate and recelvable or payabl& within one y8ar are
recorded at transaction prSc8. Any losses arising from impaimienl are recognlsed In expenditure.
Impalrrnont
Assets not m88surèd at fair value are reviewed for any indication that Ihe asset may be lrnpaired at
each balan¢e Sheet date.11 such indication exists. the recoverable amount of the as5el, or Ihe asset's
ash generating unlt, is estimated and cornpared to the carrying amount. where the carrying amotsnl
exceeds recoverable amount, an impairrnent loss Is reeognised In profit or loss unless the asset Is
carried at a revalued amounl wh8r& the impairment loss Is a revaluation decrease.
Leases
Rentals payable under oper•tlng leases are charged to the SOFA on 8 Stralght Ilne basls over the
period of the leÈsÈ.
-16-
nlinued..

SUThON COLDFIELD BAPTIST CHLIRCH
NOTES TO THE FINANCIAL STATEMENTS . contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
ACGOUNTING POLICIES * contlnued
Golng concern
The financi￿ statements havè been [ffepe￿d on o going concern basis as the trustees believe that no
material uncertainties exisl. Th8 trustees have considered the level of funds held and the expected
level of Incorne and 8xpendllure for 12 months from authorlslng Ihe$e flnanclal slatemenls. Th8
budgeted income and expenditure is sufficlenl wlth thè level of ￿SerVeS for the charity to be able to
¢ontlnu& as a going ¢on¢em.
-27-
¢onlinued..

SUThON COLDFIELD BAPTIST CHURGH
NOTES TO THE FINANCIAL STATEMENTS . ¢ontlnuod
FOR THE YEAR ENDED 31 DECEMBER 2023
GRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
Estimates and judgements are continually evaluated and are based on hlstorical experience and other
factors, including expectations ol lulure events th81 are believed to be reasonable under the
circum8t8nces.
The followlno judgements have been made In the process of applying the above a¢cwnllng poli¢ies'.
Multl-employer defin8d benefit pension schemes.. Certain employe85 particlp&le in a
mult￿eMploYer defined beneffl pension scheme. In the judgement of the Truslges, thè
charity does not have $vffieienl information on the plan assets and Ilabllltles lo be able
to reliably account for Its 5harg of the deljned benefit obligation and plan assgt8.
Therefor6. the schemes are a￿oUnted for as defined contribution schemes. See note
21
The key assumptions concernlng the future and other key sourcès of 85tim81ion uncertainly at the
reportlng dale that have a significant risk of causing a material adjustment to the carrying amounts of
assets and Ilablliues wlhln thè n8Xtfinanclal year include..
Multl4mployèr defined beneflt penslon scheme: Th6 charity has an obligation to pay a
deficit fvnding arrangernenl in respect of the Bapllst MinSsl8r5 P8nsion Schetne. Thg
present value of the oblSgallon depends on a numbèr of factors Indudlng the RPI rale
nd the discount rate on corporate bonds. M8nagernent estlmales there factors In
determlning any penslon obllgation in the balance sheet. Management considerthat
such a provision Is not material to the accounts and has not therefore been provlded.
U5Eful economic Ilves of tangible assets: The annual depreciation charge or tanglble
assets is sensltive lo chang8s in the esumatod useful 8eonomi¢ lives and resSdu81
values ol the assets. The useful economie live5 and residual values are re-assessed
8nnually. They are amended when necessary lo reflect current e5tifflates. bas8d on
technologlcal advancement, future Investments, èconemic ulilisalion and the physlcal
condition of the assets. Sea notè 13 for the carrylng amount of the fixed assets and
note 1 for the useful econornic Ilves for each cl8S8 of asset.
DONATIONS AND LEGACIES
2023
Total
funds
2022
Total
fvnds
Unrestricted
fund5
R¢slricled
funds
Offering5
Gilt aid
Fees
Special offeriro
Donated servic88 and facllities
523,192
112,296
37,724
523,192
112.306
37,724
15,492
98,343
519.187
106,442
27,043
11,281
142,464
10
15,492
14,$85
754 970
30,087
785,057
806.417
In 2022. £66,124 01 the donations and legacles Income was attrlbutable to re8tri¢l8d funds and th¢
remalnlng £740.293 was attribvlable lo unre5tricled funds.
-1
con15nued...

SUThON COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
OTHER TRADING ACTIVITIES
2023
Total
funds
2022
Total
funds
Un￿striCt*d Restricted
funds
funds
Other Income
1.172
1,172
916
In 2022, trading activity income was all attributable to unrestricted funds.
INVESTMENT INCOME
2023
Total
funds
2022
Total
funds
un￿$t[leted
fund$
Reslrl¢ted
hjnds
Deposlt account interest
In 2022. Investment Incorno was 811 attrlbutable to unrestrfcted funds.
INCOME FROM CHARITABLE ACTIVITIES
Second
Organlsatlon$ Thoughts
Under Ss
Organi58tlgns
Second Thoughts
Grants
2.007
11,703
17,327
2.007
11,703
2023
Total
octwiles
2022
Total
Grant
received
Org&ni8alions
Second Thoughts
Grants
13.710
17,327
116 166
13,2n
11,891
116166
116166
147,203
In 2022. £25.169 of the charilabfe activities inccyne was attributable to restricted fvnd3.
Seeond thoughts is a community facility situated on Falcon Lodge. Whilst goods are Sold l.e. second
hand cloths and brI￿8-br8C, these have all been donated at no cost and are sold at mark8t prices. It is
not operated lo generate lunds for Sullon Coldfi8ld 8aplisl Church.
Incom8
Expenditure
Net
Second Thoughts
17.327
18.646
11.3191
Grants recefved, included Sn the above. are as follows:
2023
2022
The Nalk)nal Lottery Communlty Fund
Other fvnd5
75,000
41.166
116 166
-19-
continued...

SUThON COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS- contlnu8d
FOR THE YEAR ENDED 31 DECEMBER 2023
CHARtTABLE ACTIVITIES COSTS
Direct
Costs Ise8
note 81
Support
costs (see
note 91
Totals
Org8nisatSons
Facilitie5
Misslon
Children & Young Peoplè
Employment Cosls
Sundry Expenses
Admlni5tr8ts'on
Depreciatlon
Eank charg8
Audit fee
14,563
74.306
t57.113
33,139
387,328
128.850
14.583
74,306
157,113
33,139
387,328
128,850
49,283
47,281
968
6.434
49.263
47,281
968
6.434
795,299
103.946
899,245
DIRECT COSTS OF CHARITABLE ACTIVITIES
Unreslrtcte
Restricted
2023
2022
Facllltles
Mission
Children & Young People
Ernplcpyment costs
Sundry Expenses
Organisation
74,306
154.712
33,139
364.714
99,865
74,306
IS7,113
33,139
387,328
128.850
14.563
69.957
153,002
30,872
388,548
79.314
20.286
2,401
22,614
28,985
14.563
726 738
68,563
795,299
741979
In 2022, £35,545 of direct costs in rdation t¢ ¢harilable activities was attributable to restdcletj funds
and the remaining £706,434 was allrlbutable to unreslricted funds.
SUPPORT COSTS '
UnreslrKte
Reslrfcted
2023
2022
AdrnSnlstrallon
Depreciation
Governancé:
43,969
6.000
8.434
968
5,294
41.281
49,263
47.281
6.434
968
78,118
43,024
4,170
1,116
2,229
Audlt fee
Bank ch95
Legal lees
57.371
46,S75
103.946
128.657
In 2022. £64,496 of support costs In rela￿On to charitable activities was attrfbutable to restricted funds
and the ￿Mainl￿g £64.161 was attributable to Ltnrestrlcted funds.
-21>
Continued...

SUThON ¢OLDFIELD BAPTISTCHURCH
NOTES TO THE FINANCIALSTATEMENTS-eontlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
10. NET INCOMEIIEXPENDtTUREI
Net in¢ornelloxp?ndlture} Is st8tad 8fter chargingll¢redilingl:
2023
2022
Auditors, romuneratlon
Depreclalion- owned assets
6,434
47.281
4,170
42,574
TRUSTEES. REMUNERATION AND BENEFITS
One Trustee, Rev.D Carnpbell, whD is also an employee, lived in housing partly t)wned by the church.
agreed wilh the Charity Commission, the Elders. Administrator and M5nisler of the Churrh are
designat8d as Truslees 8nd received the following during the year..
2Q23
2022
Rernuneration
Penslon
83,372
9,659
78,801
TTUSteès' 8xpenseg
There were no trustees, expens&9 Pald for Ihe year ended 31 December 2023 nor for the year ended
310e¢ernber 2022.
12. STAFF COSTS
2023
2022
Wages 3nd salarlgs
Social security costs
Other pen$lon costs
321,264
24,299
33.480
328,295
25.562
39.939
379.043
391.798
Th& average monthty number of employees during the year was as follows..
2023
13
2022
14
Employe8
No amployees receSved emoluments In excess of t60.000.
-21-
¢onlinued..

SUTTON COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 DECEMBER 2023
13, ANALYSIS OF GRANTS
Thè largest grant5 made by the Church during the year were as follow5..
2023
2022
2411
Agape
Baptlst Mi5slonary Soc18ty
Claytons
ECM
Frontiers
Go Afrlca
Heart of England B8PtI8t Asso&otlon
Jericho Foundation
Latln Llnk
Operaticn NQobilisation
Reach Across
Sparkbrook
Isons
Wycliffe Bible Transl8tor$
Egypt Project
Cath Home
Open Deors
13.617
2,750
16,500
12,500
11.250
1,750
10.250
2,500
16,000
11,500
12,250
2,000
1.500
30,658
7,000
5,000
32,450
7.500
5,500
1.500
6,000
200
7,364
11.767
5,000
2,565
6,464
7.200
2,500
10,225
2.000
144,677
120.583
14. TANGIBLE FIXED ASSETS
Fixtures
and
fitlings
Church
Pretlli5es
Molor
vehicles
TotAIs
COST
At 1 January 2023
Additions
1,432,550
92,359
45,588
1.570,497
At 31 Oecember 2023
1.432.S50
1,576.828
DEPRECIATION
Al 1 January 2023
Charg6 fty year
302,603
45.463
88,041
1,818
45,588
436.232
47,281
Al 31 December 2023
348 066
89.859
45.588
483.513
NET BOOK VALUE
Al 31 December 2023
1.084.484
8,841
1,093,325
Al 31 December 2022
1,129.947
1134,285
The bulldlngs of tha charlly are rgglslered wllh the Baptlsl Unlon Corporallon at Didcot, Oxfordshlr8 as
custodlan truslees.
22 Holland Road, Sutton Coldfteld. W Mldl8nd$ B72 1 RQ 18 lointty owned by Oon8ld C8rnpbell and
Susan Campbell, with a restriction that no disposition by Ihe proprietors can be reglstered wilhoul the
e¢nsent of the Baptist Unlon Ctsrporation Limited of B8Pti3t House, eX￿Pt under an order of the
registrar. This reslrS¢lion Ilmlts any transfer or sale of the property wlthoul prlor approval Irorn the
Bapust Unlon C¢rporation.
-22-
conllnued.

SUThON COLDFIELD BAPTIST CHURCH
NOTES YO THE FINANCIAL STATEMENTS- Conllnued
FOR THE YEAR ENDED 31 DECEMBER 2023
15. DEBTORS
2023
2022
Amounts falling due *￿thIn one year..
Other debtors
Short terrn deposlt
Income tax recoverable
Employ¢e loan
Prepayments
2,488
2,405
26.122
11,374
5,000
3,736
11,023
5,000
8,164
26.675
48.637
Amounls falllng due after more th8n one year..
Ernployee loan
1.563
Aggregate amounts
28,238
54.887
16. CASH AT BANKAND IN HAND
2023
Totsl
funds
2022
Total
fun
General
fund
R8$lrlcled
Cash In hand
Bank CLsrrent kcttounl no. 1
Bank current account no. 2
Bank account no. 3
Bank deposit account
Card eollectlon accounts
488
488
87,026
128,753
29,992
22,764
80,582
158.745
22,764
80,952
7,045
370
7,045
7T,643
5,680
To181
136 188
133,826
289 994
170.400
17. CREDITORS.. AMOUNTS FALUNG OUEWITHIN ONE YEAR
2023
2022
other C￿dItorS
Accrud3 and deferred income
3,082
11,000
7.586
13,095
18. LEASING AGREEMENTS
Minimum leasa payments under non-cancellab18 OP8rating leases fall due as follows..
2023
2022
Wilhln one year
Be￿een one and five years
14.960
13,260
12,240
25,500
-23-
contlnued...

SUTTON COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS-eontinued
FOR YHEYEAR ENDED 31 DECEMBER 2023
19. ANALYSIS OF NET ASSETS BETVVEEN FUNDS
2023
Total
funds
2022
Total
fund3
Unrestrlcted
funds
Restrlcted
fund
Flxed assets
Current assets
Current liabilities
902,170
164,406
9.129
191.155
133,826
1,092.325
298,232
1,134.265
225,287
1.057.447
321 015
1 378 462
1340 966
-24-
conllnued...

surroN COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023
20.
MOVEMENT IN FUNDS
Restrlcted Fund
Openlng
Balancg
Incoming
Re50urc85
Resources
Expended
Transfers
Closing
Balance
Gk)ry group
Organisalion fundsl
Under 5s
Second Thoughts
Manse lund
Special offerings
Misslon Irips
BullL1ing proje¢l
Renovatlon Fund
Futurè Properly
The Natlonal Lottery
Community Fund
345
645
353
527
1.255
25,369
39,750
8.264
240
186,345
31,000
13,710
17,327
14,565
22.612
995
13,7701
1,395
16.314
39.750
9.182
15,492
1,380
14.574
2,401
34,941
11,635
781
151,404
29,000
12,5QO
70
12,500
9.565
75.000
14.057
60,943
292,568
136.124
11S.138
7,461
321 015
Un￿StrIcted1
Deslgnated Funijs
Openlng
Balance
Ineomrng
Resources
Resources
Expended
Transfers
Closlng
Balanc
Capital fund
Genèral fund
Conting8n¢y fund
Community
Misslon & External
Glvlng
Lunch club
Outreach
Pastoral
Repairs Holland Fioad
Youth
Youth Mission
Children,
Ladles Fellowship
908.170
13.739
83.692
11.933
8,000
492,446
902.170
14.614
83.692
13,2S5
639.974
1146,6531
90,620
93.068
3.770
1381
999
460
26,377
1.511
840
715
16,411
3,203
1.990
10.621
142,191
3,558
7.352
5,169
1,183
33.126
125,818
4,902
1601
300
4,462
31,'7e9
628
9.064
715
856
40
36,886
870
40
14
800 617
1057 447
.2
ntlnued...

SUTTON COLDFIELD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS- continutd
FOR THE YEAR ENDED 31 DECEMBER 2023
21.
RELATED PARTY DISCLOSURES
The custodian Trustae ol ihe church Is the Baptist Unlon Corporatlon Limlle¢Y whloh Ig charity nurnber
249635. and which is controlled by thè Baptist Union Council. The church is also a member of th8
Baptist Union of Great Biitsin.
There were no transacllons between the church and its related charitles during tha y•ar.
22. CHANGE OF LEGAL FORM
On 7th June 2022 a new Charitable Incorporated Organisalion was setup with the Charity
Cornmlssion for England and Wales. On 30th April 2023 the assets of the unln¢orporaled charlty
11131309} were transferred lo the CIO 111992021. The Charltles SORP r8cornrnends that merg6r
accountlng is used when thls lypa of chaiSty reconslruclion lakes place and when the conditions Sel
ovt in the SORP are satisfied. The charity has used In the prlnclpals of rnsrggr accounting when
preparing Ihese accoun15, In p8rtlculAr:
Th8 results for the current year combine Ihe rèsults of the unlncorporat8d charity and Ihls
charfty for the whole year ending on 31 December 2023
Th8 ￿sUIts of the unincorporat¢d ch8rily lor the year endlng on 31 December 2022 are
Included as a comparatfve.
Th59 y¢arfs Tecelpts on¢J payment5 ean bè analy5ed a5 follow5..
Unlrncorporat8d
charlty Ipre-mergerl
Combin8d
CIO (pre- Charity (post-
rnergerl
merger)
CombSned
total
Total recelpls
Total payments
291,748
300.1191
644.993
599.1251
936.741
899.2441
Net recelpts I payments
45,868
23. PENSIONS AND OTHER POST RETIREMENT BENEFITS
The Church h an employer partlclpallng In a pension scheme known as the Baptist Pension Scheme
I'the BPS"). The BPS is a separate 18gal entity which ara 8dmlntstered by the Pension Trustee
(Bapllst Penslon Trust Limltedl.
From January 2012, pension provision for thè Minlslor is being made through the Defined Conlribulion
IDCI Plan wlthln the BPS. In general, members pay 8.1) of their Pensionable Income 2nd employors
pay 60h of mernbers, Pensionable Income Into individual penslon account3, which are operated and
managed on behalf of the Pension Tru3t?e by Broadstone Corporate Benefils Ltd. In addition. Ihe
employer pays a further 4% of Penslonable Incorne to cover Death In Serv1￿ Benefits, administralion
costs, and an assoclatèd Insuranco pollcy whlch provldgs Incorpe prot&ction for BPS rnembers If th8y
a￿ unable to work due lo long-term inc8pacity. This income protection policy h83 been insured by the
Baptist Unlon of Great Britain with Aviva Limited. Member5 of the Basic Secllon pay reduced
contributions of 5Yfj ol Pellsionable Income, and their employers 81so pay a total of 5QA.
Bénefits In respect ol seTrice Pr￿r lo 1 January 2012 a￿ provided through the Defin•d Benefit {DBI
Plan wllhin tho BPS. The maln beneflts were..
A defined benefll pension of one elghtielh of Final Minimym P9nsion8bl8 Incomo for each year of
Pensionable SeNiee. together with addition81 pension in respect ol premiums paKI on Pensionable
In¢omg In excess of Minirnum PensSonable Incorne.
-26-
o)nllnued...

SUTTON COLDFIELD BAPTISTCHURCH
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
23.
PENSIONS AND OTHER POST RETIREMENT BENEFITS - continued
The BPS, previously known as thè 8apllst Mlnlstars. Pension Fund. Stsrted in 1925. The scheme was
closed to fulure accrual of defined beneflls on 31 December 2011. The schème is not eontracled out
of the Slate Second Pension.
Thg table below summaries the main results of the most racgnt actuarfal valu81ions of the Defined
Beneflt IOBI Plan in the BPS, ¥vhlch wo3 completed In 2020. This valuatlon was performed by a
professionally qualiffed Actuary using the Projected Unit Method.
Date of valuatlon
Market value of scheme assets
BDS DB plan
310ecember 2019
IAI
£300m
£318m
£18m
Technical provlslons181
Deficit IIBI.IAII
Flndlng18vel IIAIIIBII
The key fjnancial assumption3 underfylng the valuallon were as follows..
Type of assumpllon
%p
RPI price infl8tirin assitmption
CPI prlce Infl8llon assumptlon
MiniTnurn Pensionable Income Increases (above CPI)
Assumed invE5tment returns
Pre.retir8menl assurned investment returns Iglll weld plus
3.20
2.70
0.50
2.95
Post retirement aSSUm8d investment returns (including
benefits matched by the insurance policy) (gilt yield plus
0.SQA pal
Deferred penslon increases (based on RPII
Pre April 2009
Post Aprtl 2009
1.70
3.20
3.20
2.50
Pension Inc￿8$eS
Based on CPI with en annual flaor ot 0% ènd annual cap of
5%
Mtsrtality Ls assurned in accordance wlh 80% of the S3NA standard rnortallty table. Futurè
Improvements projected from 2013 In line with the 'CMI 2019, projeetion wth a long-lerm rate of
impiovemenl o11.75°A pa for mèlè5 and 1.5% for lemales wlth the core smoolhlng.paramelgr and
vAth addluonal Inlual m¢xtalfty Improvernent factor A=0.5Vg.
The Scheme is considered to be a multi-employer scheme as deseribBd in Section 28 of FRS 102.
Because il is nol FM)ssible to aitribule Ihe Scheme'5 a55ets and liabili118S to specific employers, the
scherne is accountod lor as If the Scheme wère 8 daflned conlrlbution schemg.
rhe total p8n5ion cost, for the Church, recognised In the Statement of Flnancial Actlvities Is £33.480
12022: £41,135) includlng deffcit contributions to the defined benefit BPS s¢heme of £12.0012022:
£6,053).
Durfng 2022 the Church was advisad by th• Trustée of thè BPS they had reach8d an 8greernent wllh
the insuranc& company Just Group I'Ju31"1 to secure DB Plan rnernbers, benefits. The agreement is
referred lo as a 'buy-In policy,. It follows a slmilar agrèam•nt with Just in 201g that covèred most
pensions in payment al that lime. The combined agreements rnean that Jusl are now providing
financlal backing for 811 DB p8nsion$ lincludlng Ihose not yet in payment) provlded through tre
Sehome's D8 Plan.
-27-
continued...

SUThON COLDFIELD BAPTIST GHURCH
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
23. peNSIONS AND OTHER POST REfiREMENT BENEFITS - contlnued
The BPS aro plannlng to fully Iransltion the ￿spOnsIbl111Y for the DB Plan benefiis ¢0 Just during 2024.
Slnce the announcernenl of the buy-in policy the Church no longer rnakes deflclency contributions.
Instead the Trustee continues to CO1￿Cl £1 per monlh from each employor lo keep a Direct Debil
facility open should there be a slgnificant ¢hang6 in ¢lrcum9tance¥.
-2

SUTTON COLDFIELD BAPTIST CHURCH
DEfAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Totsl
lunds
2022
Tol81
funds
Unrestricte
funds
R8slrfcted
funds
INCOME AND ENDOWMENTS
Oonatlon5 2nd lega¢les
Offerlngs
Gift aid
Fees
Specid offerin9
Donated services and facilits'es
523.192
112.296
37.724
523,192
112,306
37,724
1S.492
519,187
106,442
27.043
11,281
142,464
10
15.492
14.585
754,970
30.087
785.OS7
806.417
other trading a¢livities
Other Income
1,172
1.172
916
Inv•strnent Income
Deposit account interest
3,309
3.309
1,374
Charitable activitles
Organlsallons
Secorid Though15
Grants
13.710
17,327
75,000
13.710
17.327
118 166
13.278
11.891
41.166
41,166
106,037
147,203
25.169
Total Incoming resources
800,817
136,124
936.741
833.876
EXPENDITURE
Charltabl¢ a¢tlvltloS
Wages
Social S￿[tritY
Penslons
298.650
24,299
33,480
74.306
154.712
33,139
8,285
99,865
22,614
321284
24,299
33,480
74,306
157,113
33,139
8,285
128,850
326.295
25.582
39,939
69,957
153,002
20,872
13,2481
79,314
20,286
Mlsslon
Childrèn & Young People
Employment costs
Sundry Expenses
organ￿￿tron
2.401
28.985
14,563
726,736
68,563
795,299
741,979
Support co$ts
Management
Administratlon
Depreclalion of tanglbla and herfiage
88$ets
43,969
5.294
49,263
76,118
43.024
49,969
46.575
96.544
121,142
-29-

surroN COLDFIELD BAPTIST CHURCH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Total
funds
2022
Tot81
fijnds
un￿StrICted
funds
Restricted
funds
Management
Governance costs
Auditors, remuneration
Aecountancy andlggal fees
Bank charges
6,434
6,434
4.170
2,229
1.116
968
968
7.402
Total resources expended
115 138
899 245
870 636
Net lexpendlturelllncome
16,510
20,986
37.496
36,7801
o-