HAYWARDS HEATH BAPTIST CHURCH
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED**
## **31 DECEMBER 2023**
## **CHARITY REGISTRATION No: 1131365**
Page 1
HAYWARDS HEATH BAPTIST CHURCH
## **CONTENTS**
Page 3 Legal and administrative information Page 4 Report of the trustees Page 9 Independent examiner's report on the accounts Page 10 Statement of financial activities Page 11 Balance sheet
Pages 12 to 23 Notes to the financial statements
Page 2
HAYWARDS HEATH BAPTIST CHURCH
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**START OF THE FINANCIAL YEAR** 1 January 2023 **END OF THE FINANCIAL YEAR** 31 December 2023 **CUSTODIAN TRUSTEE** The Baptist Union Corporation Limited **CUSTODIAN TRUSTEE ADDRESS** PO Box 44 129, Broadway, Didcot Oxfordshire OX11 8RT **CHURCH LEADERSHIP: MINISTER** Currently vacant **OTHER TRUSTEES** J Batchelor R Biersteker L Goodchild (Resigned 28th September 2023) P Jenkins (Resigned 28th September 2023) B Ludlow (Resigned 28th September 2023) F Mclachlan J Perrett (Treasurer) (Appointed 28th September 2023) D Ruddock (Secretary) D Thomas (Appointed 28th September 2023) A Thompson **REGISTERED CHARITY** Registration number 1131365 **PURPOSE** The church exists to advance the Christian faith according to the principles of the Baptist denomination and to serve the local community through its work and witness. It may also advance education and carry out other charitable purposes in the UK and other parts of the world. **ADDRESS** Sussex Road Haywards Heath West Sussex RH16 4DZ **PRIMARY BANKER** CAF Bank plc 25 Kings Hill Avenue West Malling Kent, ME19 4JQ **INDEPENDENT EXAMINER** Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Delling Lane Bosham, PO18 8NF
Page 3
HAYWARDS HEATH BAPTIST CHURCH
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The Trustees present their report and the audited financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of the Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing Statement of the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 (as amended by Update Bulletin 1 published on 2 February 2016).
## **Objectives and activities for the public benefit**
The principal purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
In fulfilling its purpose, the church will engage in a range of activities, either on its own or with others, that will vary from time to time, with activities being initiated, expanded or closed, as appropriate. These activities may include but are not restricted to:
- regular public worship, prayer, bible study, preaching and teaching;
- baptism, as defined in the Baptist Union's declaration of principle;
- the communion of the Lord's supper on a regular basis;
- evangelism and mission, locally, regionally, nationally and internationally;
- the teaching, encouragement, welcome and inclusion of young people;
- nurture and growth of Christian disciples;
- education and training for Christian and community service;
- giving and encouraging pastoral care;
- supporting and encouraging charitable social action in the United Kingdom and abroad;
- encouraging relationships with and supporting baptists and other Christians.
The charity acknowledges its requirements to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. Details of how the charity has achieved this are provided in the review of activities below.
The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
(continued)
Page 4
HAYWARDS HEATH BAPTIST CHURCH
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **Review of activities in 2023**
In 2023, the church text of the year was from Psalm 145:3 “Great is the Lord! He is worthy of praise! No one can measure His greatness”. This verse underpinned a series of teaching on how incomparable God is; the church family can testify to His greatness and goodness to us over the year.
This year the church has seen continued growth as God draws people to Himself and into a worshipping community. Rarely has there been a week where we have not seen a new face on our Sunday morning. After a review of how to make our services more accessible, the church services introduced live transcript technology to allow those who are hard of hearing to fully engage with the spoken word and time of prayer. Our popular monthly Café church continues to draw all ages together with a mixture of creative worship and storytelling, together with a shared breakfast and time for fellowship.
The church continued to support several community partnerships. At the end of 2022 and into 2023 the church opened a Warm Space to help our local community with the cost of living and loneliness. Every Tuesday evening the church is used as a venue for ‘The Feast’, an initiative run by another local church to provide friendship and meals to vulnerable people. In February, a Baby Drop in was launched to provide a facility for parents to weigh their babies and to provide community support.
Every Thursday the church opens its doors with a community café called Hope Café. This year the café registered to be part of ‘Places of Welcome’, a Church Urban Fund initiative that has established a network of community groups that offer a cafe space to welcome all people. Hope Café provides tea, coffee and cake on a voluntary donation basis, and provides space for participation with space for knitting and puzzle making.
As a community of followers of Jesus, we are dedicated to outreach and a holistic mission in reaching the lost for Jesus. We ran Alpha at the beginning of year to give space for people to explore the excitement, challenge and joy of following Christ. In the Autumn the church family took part in a Talking Jesus survey to help benchmark our evangelism and to develop confident as we share our faith.
Our Children and Families Worker continues to be instrumental in developing our work with families in the local area. Over the year we have held Family Fun on Mondays in the Easter and summer holidays, together with a Family Christmas Craft Making morning for families with children aged 0-11 years. This year we also ran a parenting course on Wednesday evenings.
There are dedicated small groups for members of our community. A men’s group offers activities such as men’s breakfast, target shooting, walks and curry nights. Our women’s group held a Saturday Lent group in the lead up to Easter and enjoyed a Chinese meal social. Our mid-week fellowship groups provide a space for discipleship with bible-study, prayer and pastoral care along with time for fellowship and socials.
Ignite is a group for Reception to Year 6 that meets on a Tuesday after school during term time. Fortify is a youth group for students in school years 7 – 13 that meets every Friday for clubnights, outings and in the summer attended the Newday youth festival in Norfolk showground.
(continued)
Page 5
HAYWARDS HEATH BAPTIST CHURCH
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **Review of activities in 2023 (continued)**
Options is a group for our older friends (over 55s) and church members. They have a varied programme, with speakers, quizzes, musical afternoons, chair aerobics set to music, and more. They always have tea and homemade cakes and a spiritual thought for the week.
We continue to support elderly members of the community, to share God’s love and comfort with those at the end of their earthly journey and provided continuing care to the bereaved. Macmillan’s held a fundraising and awareness session with coffee and cake in the church premises.
We have also held many one-off community events this year including a Coronation Tea in May to celebrate the coronation of King Charles III. There have been two newcomer lunches to welcome those who have recently joined our community. In September we held a church family barbecue, and in November a wreath making workshop.
Over the year we have supported BMS link workers in Chad. The year we also supported Cathy Hine, a mission worker in North Africa linked to Interserve. At a mission supper in the Autumn, we enjoyed hearing about the work of Amigos and the outcome of the borehole funding from our Harvest giving in 2022. This year the church committed to a four year partnership with Amigos to support their work in Uganda that provides practical and holistic life skills for communities to thrive. In the run up to Christmas we supported the work of Link for Hope with their shoebox appeal for Eastern Europe. Also at Christmas, we hosted a gift service in partnership with Bentswood Hub to support those who are struggling in the local community
The church family continues to responsd to emergency appeals for humanitarian relief. We supported a partner church in Zaporizhzhia, Ukraine in their support for their local community impacted by conflict. In February, the church supported the work of Samaritans Purse with £2,611 towards in their appeal to response to the Earthquake in Turkey.
(continued)
Page 6
HAYWARDS HEATH BAPTIST CHURCH
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **Ministry**
In 2023, we were blessed by the support of Rev. Susan Stevenson as our moderator while HHBC had a ministerial vacancy. As a retired minister, former Regional Minister and current moderator to the national Ministerial Recognition Committee, she brings a wealth of experience to the church family. The ministerial Search team established in 2022 continued to actively seeking God’s leading in identifying a minister to lead us forward under God’s direction, to serve each other and our community.
Sharing the good news of the gospel has been our focus with many gifted members of the church continuing and developing their own ministries. Most of the congregation meet in person, though we continue to have a small number joining via Zoom on a Sunday morning who are unable to attend in person. We have regular opportunities to meet for prayer in-person and on Zoom, and this year we reestablished a monthly church family prayer meeting. We were delighted to have three baptisms in 2023.
We continue to be supported by the work of a part time Children and Families Worker who leads and develop our work in this area. Our part time Church Administrator continues to support the leadership and volunteers throughout the year and has been a welcoming presence for visitors from the local community.
## **Governance**
The church is governed by its constitution.
The minister and deacons are the church trustees providing spiritual leadership, pastoral oversight and the administration of the church. All trustees are elected by the church meeting, requiring a minimum vote of two thirds of the members voting, to secure election. Deacons are eligible to serve two three-year terms, followed by a vacant year when they are not eligible for election.
The trustees meet twice each month, once specifically for prayer and once to conduct the business of the church. A typical business meeting agenda covers pastoral matters, ministry, finance, child and vulnerable adult protection, health and safety, premises and administrative issues.
No remuneration is paid to Trustees for their role as Trustees. The Minister is remunerated by an agreed Stipend.
(continued)
Page 7
HAYWARDS HEATH BAPTIST CHURCH
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **Financial Review**
The trustees maintain a register of financial and operational risks that are regularly reviewed to manage risks that the church is exposed to. The Trustees consider that the major risk facing the church is failure to reach new generation. They have recognised that this needs continued focus, planning and outreach in order to mitigate the potential impact.
Total income for the year was £522,806 (2022: £244,569). The church was also fortunate to receive donations this year of £183,709 (2022: £219,538). Total income increased due to the sale of 14 Pinewood Way during 2023.
Total expenditure for the year was £141,004 (2022: £134,796).
Total funds at the balance sheet date were £2,307,110 (2022: £1,925,309). Of these £1,540,070 (2022: £1,534,201) were held as restricted funds and unrestricted funds were £767,040 (2022: £391,108).
The trustees are seeking a replacement minister, and expect expenditure in 2024 to increasing back to former levels seen in 2022. The trustees consider the charity to be a viable going concern.
In May 2023, the sale of the previous manse at 14 Pinewood Way completed and in August the offer on 60 Bruce Close was accepted - with the sale nearly complete at the end of year. The new manse is in an ideal location, has good size and layout, and has ample parking. The purchase was financed using proceeds from the sale of the previous manse, together with excess cash reserves that had accrued during the ministerial vacancy, and a £75,000 loan from the Baptist Union Corporation.
The trustees have considered the level of reserves they wish to retain appropriate to the size of the church, its needs and financial commitments. The trustees' objective is to ensure there are sufficient resources for the church to meet its financial commitments in the event of a temporary shortfall in income or unexpected expenditure. This will continue to be reviewed in light of the prevailing financial circumstances.
## **Fund Raising Policy**
The church receives donations from the congregation and members through weekly offerings, specific appeals and one off donations.
Due to the limited nature of the fundraising activities currently undertaken, the church does not formally monitor compliance with the Code of Fundraising Practice. The church does not consider that any of its fundraising activities constitute unreasonable intrusion on a person's privacy, unreasonably persistent approaches or undue pressure to give and has not received any complaints in respect of this during the year. Requests are only made to those who are already members and supporters of the church and people can unsubscribe at anytime. The church does not work with any commercial participators or professional fundraisers.
Approved by the trustees on 13th August 2024 and signed on their behalf by:
David Ruddock Church Secretary
Page 8
HAYWARDS HEATH BAPTIST CHURCH
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAYWARDS HEATH BAPTIST CHURCH**
I report to the trustees on my examination of the charity for the year ended 31 December 2023 which are set out on pages 10 to 23.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the applicable requirements concerning the form and content of
- accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Independent Examiner**
K Gomes FCIE MAAT Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Dell Lane Bosham West Sussex PO18 8NF
Date: 28.8.24
Page 9
HAYWARDS HEATH BAPTIST CHURCH
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|Notes
**INCOME**
Donations, legacies and Grants
2a
Income from charitable activities
2b
Income from investments
2c
Other income
2d
**TOTAL INCOME**
**EXPENDITURE**
**Charitable expenditure:**
Grants payable in furtherance of
the charity's objects
3a
Direct costs of activities in furtherance
of the charity's objects
3b
Support costs
3c
Expenses for managing and
administering the charity
3d
**TOTAL EXPENDITURE**
**NET INCOME / EXPENDITURE**
Net transfer between funds
9
Net movement in funds
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Restricted
Total
_Total_
funds
funds
2023
_2022_
2023
2023
£
£
£
_£_
144,616
39,093
183,709
_219,538_
2,250
-
2,250
_1,286_
13,358
-
13,358
_595_
323,489
-
323,489
_23,150_|
|---|---|
||483,713
39,093
522,806
_244,569_|
||-
19,402
19,402
_25,914_
47,549
-
47,549
_46,995_
29,167
-
29,167
_19,474_
16,536
28,350
44,886
_42,413_|
||93,252
47,752
141,004
_134,796_|
||390,461
(8,659)
381,802
_109,773_
(14,528)
14,528
-
_-_|
||375,933
5,869
381,802
_109,773_|
||391,108
1,534,201
1,925,309
_1,815,536_|
||767,040
1,540,070
2,307,111
_1,925,309_|
Movements on all reserves and all recognised gains and losses are shown above. All the charity's operations are classed as continuing.
The notes on pages 12 to 23 form part of these financial statements.
Page 10
HAYWARDS HEATH BAPTIST CHURCH
## **BALANCE SHEET AS AT 31 DECEMBER 2023**
|Notes
**Fixed assets**
Tangible assets
4
**Current assets**
Debtors
6
Cash at bank and in hand
5
Creditors: amounts falling due
within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
Creditors: amounts falling due
in more than one year
8
**NET ASSETS**
**CAPITAL AND RESERVES**
**Income funds:**
General funds
Restricted funds
9|31 December
2023
_31 December_
_2022_
£
£
_£_
_£_
1,669,649
_1,775,939_
664,387
_6,080_
50,680
_146,403_
715,067
_152,483_
(7,606)
_(3,113)_
707,461
_149,370_
2,377,110
_1,925,309_
(70,000)
_-_
2,307,110
_1,925,309_
767,040
_391,108_
1,540,070
_1,534,201_
2,307,110
_1,925,309_|
|---|---|
Approved by the trustees on 13th August 2024 and signed on their behalf by:
David Ruddock Church Secretary
The notes on pages 12 to 23 form part of these financial statements.
Page 11
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **General information**
Haywards Heath Baptist Church is an unincorporated charity limited by guarantee and registered in England and Wales. The registered address and charity number of the charity can be found in the legal and administrative information page.
## **a) Basis of preparation**
The financial statements have been prepared on the historical cost basis of accounting in accordance with the Charities Act 2011 and in accordance with applicable accounting standards.
The financial statements have been prepared to give a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a "true and fair" view. This departure has involved following the Charities SORP (FRS 102) updated in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
Haywards Heath Baptist Church meets the definition of a public benefit entity under FRS 102. The financial statements are prepared in Sterling (£) and rounded to the nearest £1. A summary of the significant accounting policies is set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **b) Donations**
Donations are accounted for gross when received.
## **c) Legacies**
Legacies are accounted for when their receipt is probable and can be properly quantified.
## **d) Investment income**
Investment income is included in the accounts in the year it is receivable.
## **e) Fund raising and publicity costs**
The church does not make formal appeals for funds; expenditure on these items is therefore not material.
## **f) Grants payable**
The church makes grants to other organisations whose charitable objects complement its work. They are accounted for in the year in which they are paid as no legal or constructive obligation arises prior to this.
## **g) Costs of charitable activities**
These are the costs incurred on running the charity's operations. They include the direct costs of the ministry and organisations as well as the premises support costs and the administration costs. Expenditure is shown inclusive of VAT.
## **h) Governance costs**
This represents direct expenditure on the governance of the church. Most of the management is carried out without charge by volunteers. This intangible cost is not included in the statement of financial activities since there is no measurable cost to volunteers for their service.
Page 12
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **1. ACCOUNTING POLICIES (continued)**
## **i) Fixed assets**
The church and manse premises are included in the balance sheet at cost. Furniture in the church premises is included at cost or net realisable value.
## **j) Depreciation**
Depreciation has not historically been charged on church or manse premises because, in the opinion of the trustees, the residual value of the asset is not less than the original cost price. Following the completion of the new church building, the cost less the land will be depreciated over the estimated useful life of 50 years
Depreciation on other fixed assets is calculated to write off the cost on a straight line basis over their expected useful life at the following rates: Computers and equipment 25%
## **k) Fund Accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **l) Going Concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to continue as a going concern.
## **m) Financial Instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 13
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **n) Employee Benefits**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in an independently administered fund.
Prior to 2012 pension provision was made through multi-employer defined benefit pension plans. Where it is not possible for the charity to obtain sufficient information to enable it to account for a plan as a defined benefit plan, it accounts for the plan as a defined contribution plan.
Where the plan is in deficit and where the charity has agreed, with the plan, to participate in a deficit funding arrangement, the charity recognises a liability for this obligation. The amount recognised is the net present value of the contributions payable under the agreement that relate to the deficit. The unwinding of the discount is recognised as a finance cost and any other change in the measurement of this liability is expensed to the Statement of Financial Activities
Page 14
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
|**2 INCOME**
**a) Donations and legacies**
Weekly offerings
Donations
Income tax recovered
Legacies
Grants
_2022 fund split_
**b) Income from charitable activities**
Organisations:
Chatterbox
Youth Groups
Women's fellowship
Options
_2022 fund split_
**c) Income from investments**
Interest
_2022 fund split_
**d) Other income**
Rental
Profit on Sale of Manse
_2022 fund split_|Unrestricted
Restricted
Total
_Total_
funds
funds
2023
_2022_
£
£
£
_£_
13,842
-
13,842
_12,710_
105,135
31,352
136,487
_164,144_
25,639
7,741
33,380
_40,243_
-
-
-
1,000
-
-
-
1,440|
|---|---|
||144,616
39,093
183,709
_219,538_|
||_149,899_
_69,639_
_219,538_
736
-
736
_637_
161
-
161
_-_
-
-
-
_-_
1,353
-
1,353
_649_|
||2,250
-
2,250
_1,286_|
||_1,286_
_-_
_1,286_
13,358
-
13,358
_595_|
||13,358
-
13,358
595|
||_595_
_595_
8,940
-
8,940
23,150
314,549
314,549
-|
||323,489
-
323,489
_23,150_|
||_23,150_
_-_
_23,150_|
Page 15
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
|**3 EXPENSES**
**a) Grants payable in furtherance of**
**the charity's objects**
Given to other causes:
Amigos International
BMS World Mission
BMS World Mission Ukraine Appeal
BU Home Mission
International Needs
Link to Hope
Link Missionary
Prison Fellowship
Samaritans Purse
South East Baptist Association
Other
Gifts from fellowship fund
_2022 fund split_
**b) Costs of activities in furtherance of**
**the charity's objects**
Ministry:
Ministers' stipends and other salaries
National insurance
Pension contributions payable
Pension deficit adjustment
Expenses
Travel
Telephone
Manse rent
Manse expenses
Manse maintenance
Other ministry
Property/ Refurbishment costs
Organisations:
Chatterbox
Junior church
Youth Groups
Women's fellowship
Options
_2022 fund split_|Unrestricted
Restricted
Total
_Total_
funds
funds
2023
_2022_
_(restated)_
£
£
£
_£_
-
978
978
_3,052_
-
6,528
6,528
_6,528_
-
-
_2,388_
-
6,000
6,000
_6,000_
-
-
-
_1,368_
-
-
-
_1,369_
-
2,000
2,000
_-_
-
-
-
_2,158_
-
2,611
2,611
_-_
-
-
-
_2,000_
415
415
_200_
-
870
870
_851_|
|---|---|
||-
19,402
19,402
_25,914_|
||_-_
_25,914_
_25,914_
29,360
-
29,360
_40,254_
-
-
-
_-_
2,948
-
2,948
_1,921_
-
-
-
_(21,056)_
-
-
-
_33_
3,843
-
3,843
_555_
734
-
734
_1,057_
-
-
-
_10,125_
933
-
933
_2,916_
109
-
109
_6,431_
7,280
-
7,280
_2,700_
-
-
-
_-_
790
-
790
_533_
-
-
-
_-_
156
-
156
_808_
-
-
-
_-_
1,396
-
1,396
_718_|
||47,549
-
47,549
_46,995_|
||_46,995_
-
_46,995_|
Manse rent expenses were incurred in order to provide a suitable ministers' manse.
Page 16
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
|**3 EXPENSES (continued)**
**c) Support costs**
Premises:
Gas
Electricity
Water
Insurance
Telephone/internet
Cleaning, maintenance and repairs
_2022 fund split_
**d) Expenses for managing and**
**administering the charity**
Administration:
Photocopier
Delegates and subscriptions
Catering
Church material
Publicity
Copyright licence
Sundry equipment
Depreciation
Professional fees
Independent examination fee
Miscellaneous
Finance costs:
Mortgage interest
Pension liability interest cost
_2022 fund split_|Unrestricted
Restricted
Total
_Total_
funds
funds
2023
_2022_
£
£
£
_£_
3,524
-
3,524
_1,091_
3,771
-
3,771
_3,421_
1,380
-
1,380
_487_
4,177
-
4,177
_3,993_
388
-
388
_1,332_
15,927
-
15,927
_9,150_|
|---|---|
||29,167
-
29,167
_19,474_|
||_19,474_
_-_
_19,474_
180
-
180
_(119)_
3,343
-
3,343
_2,953_
2,063
-
2,063
_1,663_
1,036
-
1,036
_797_
977
-
977
_770_
1,496
-
1,496
_1,367_
2,642
-
2,642
_416_
-
28,350
28,350
_29,900_
3,576
-
3,576
_3,041_
-
-
-
-
1,000
-
1,000
_1,183_
223
-
223
_-_
-
-
-
_442_|
||16,536
28,350
44,886
_42,413_|
||_12,513_
_29,900_
_42,413_|
All church expenses are in support of its activities as a whole and it is not appropriate to relate them to any particular category of income.
Page 17
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **4 TANGIBLE FIXED ASSETS**
|||Premises|Premises|Equipment|Equipment||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Unrestricted|Restricted||
|||funds|funds|funds|funds|Total|
|||£|£|£||£|
|Cost|01-Jan-23|199,000|1,690,328|43,095|98,381|2,030,804|
|Additions||1,060|-|||1,060|
|Disposals||79,000|-|-||79,000|
|Cost at|31-Dec-23|121,060|1,690,328|43,095|98,381|1,952,864|
|Depreciation|01-Jan-23|-|113,400|43,084|98,381|254,865|
|Charge||-|28,350|-|-|28,350|
|Depreciation at|31-Dec-23|-|141,750|43,084|98,381|283,215|
|Net book value|31-Dec-23|121,060|1,548,578|11|_-_|_1,669,649_|
|_Net book value_|31-Dec-22|_199,000_|_1,576,928_|_11_|_-_|_1,775,939_|
The church is the beneficial owner of two freehold properties in Haywards Heath, the church in Sussex Road, and 9 Sussex Road. The manse at 14 Pinewood Way was sold in 2023 and a replacement manse was acquired in January 2024. The church uses the combined site in Sussex Road for its work and ministry in the local community. All three properties are held in trust on behalf of the church by The Baptist Union Corporation Limited.
The church has no annual commitments under non-cancelling operating leases.
|**5 CASH AT BANK AND IN HAND**
Bank accounts
BU Corporation Deposit accounts
Building society accounts
Organisations
**6 DEBTORS AND PREPAYMENTS**
Tax recoverable
Prepayments and accrued income
Anthony Collins Solicitors|31 December
2023
_31 December_
_2022_
£
_£_
22,794
_43,602_
_25,422_
_100,246_
-
_-_
2,464
_2,555_
50,680
_146,403_
31 December
2023
_31 December_
_2022_
£
_£_
6,347
_2,728_
3,199
_3,352_
654,841
_-_
664,387
_6,080_|
|---|---|
Page 18
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
|||||31 December||_31 December_|
|---|---|---|---|---|---|---|
|**7 **|**CREDITORS: AMOUNTS**|**FALLING DUE**||2023||_2022_|
||**WITHIN ONE YEAR**||||||
|||||£||_£_|
||Accruals|||1,239||_453_|
||Accrued pension deficit recovery payments|||-||_-_|
||Other creditors|||1,144||2,660|
||Baptist Union Corporation|||5,223||-|
||South East Baptist Association|||-||-|
|||||7,606||_3,113_|
|||||31 December||_31 December_|
|**8 **|**CREDITORS: AMOUNTS**|**FALLING DUE**||2023||_2022_|
||**IN MORE THAN ONE YEAR**||||||
|||||£||_£_|
||Baptist Union Corporation|||70,000||-|
||South East Baptist Association|||-||-|
||Members Loans|||-||-|
||Accrued pension deficit recovery payments|||-||-|
|||||70,000||-|
|**8a **|**LOANS**||||||
|||Balance|Drawdown|Interest|Repayment|Balance|
|||£|£|£|£|£|
||Baptist Union Corporation|-|75,000|223||75,223|
The Baptist Union Corporation mortgage is for a term of 15 years and attracts a variable interest rate, which was 7.75% as at 31st December 2023.
Page 19
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **9 RESTRICTED FUNDS**
|Balance at 1 January 2023
Income:
Donations & Grants
Tax recovered
Interest
Total income
Transfer from general fund
Sub total
Expenditure
Balance at 31 December 2023|Total
Mission
Fellowship
Building
restricted
£
£
£
£
4,058
1,635
1,528,508
1,534,201|
|---|---|
||3,064
-
28,287
31,352
427
-
7,313
7,740
-
-
-|
||3,491
-
35,601
39,092
14,528
-
-
14,528|
||22,078
1,635
1,564,109
1,587,822
18,532
870
28,350
47,752|
||3,546
765
1,535,759
1,540,070|
## **Mission fund**
The mission fund is used to receive gifts made specifically for mission causes or for named beneficiaries involved in mission work, which can be individuals or organisations, and to distribute such monies to beneficiaries (or as directed by them, unless such direction is contrary to the stated wishes of the donor). The fund is also the vehicle through which the church's budgeted giving to mission is effected, a transfer from general fund of £14,528 was made, in respect of 2023
## **Fellowship fund**
Gifts for this fund are to assist any church member or regular attender who is in short-term financial need. Disbursements from this fund are made at the discretion of the members appointed from time to time for this purpose by the church meeting.
## **Building fund**
The purpose of this fund is to allow Haywards Heath Baptist Church (HHBC) to obtain a building or buildings for use by HHBC or HHBC organisations for Christian worship and church activities and/or for community service. Such buildings can be obtained on a freehold or leasehold basis and can be for a shared purpose approved by HHBC. If a congregation planted by HHBC wishes to become a member of the Baptist Union as an independent church, HHBC can decide suitable terms by which to transfer to that congregation the building that it is using. For clarity, the term 'building' includes the provision of equipment such as seats, catering facilities etc. which enables it to fulfil its function. The fund is not available to meet running costs of buildings.
Page 20
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **10 ORGANISATIONS (DESIGNATED FUNDS)**
|Chatterbox
Youth Groups
Options
**ANALYSIS OF NET ASSETS BY FUND**
Fixed assets and investments
Monetary assets
Liabilities (due in more than one year)|At 1 January
2023
Income
Expenditure
At 31
December
2023
£
£
£
£
968
736
790
914
1,243
161
156
1,248
343
1,353
1,396
300|
|---|---|
||2,555
2,250
2,342
2,463|
||Unrestricted
Restricted
31
December
2023
_31 December_
_2022_
funds
funds
Total
_Total_
£
£
£
_£_
121,071
1,548,578
1,669,649
_1,775,939_
715,969
(8,508)
707,461
_149,370_
(70,000)
-
(70,000)
_-_|
||767,040
1,540,070
2,307,110
_1,925,309_|
## **11 ANALYSIS OF NET ASSETS BY FUND**
## **12 RELATED PARTIES**
The custodian trustee of the church is The Baptist Union Corporation Limited which is a registered charity (no. 249635) and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Great Britain and the South Eastern Baptist Association. The Home Mission Fund is the principal working fund of that Union.
Page 21
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **13 PAYMENTS TO TRUSTEES AND MINISTERS**
## **Trustees**
The Church made donations to the Baptist Union Home Mission Fund as set out in note 3a.
The following trustees were reimbursed for expenditure incurred on behalf of the church.
|J Batchelor|£|420
|
|---|---|---|
|R Biersteker|£|15
|
|L Goodchild|£|516
|
|F Mclachlan|£|160
|
|D Ruddock|£|2,144
|
|D Thomas|£|50
|
## **Ministers**
|**Ministers**
The following payments were made to ministers:
Stipend
Expenses and travel|2023
_2022_
£
_£_
-
_20,205_
3,843
_588_
3,843
_20,793_|
|---|---|
The stipend figures shown above are not in addition to those in note 14 (Staff costs and numbers) During the interegnum, no stipend has accrued,
Minister expenses and travel costs relate to the expenses incurred in recruiting a new minister.
The church uses a payroll service provided by West of England Baptist Association to operate a PAYE scheme in respect of staff costs. The church paid into a pension scheme on behalf of its ministers and also paid certain manse costs.
No other payments were made to ministers or any persons connected with them during this financial period. No other material transaction took place between the charity and a minister or any person connected with them.
|**14 **|**STAFF COSTS AND NUMBERS**|2023|_2022_|
|---|---|---|---|
|||£|_£_|
||Gross salaries|29,360|_40,254_|
||Employer's national insurance costs|2,756|_2,756_|
||Employment allowance|(2,756)|_(2,756)_|
||Employer's pension contributions payable|2,948|1,921|
||Pension deficit adjustment (see note 15)|-|(21,056)|
|||32,308|_21,119_|
||The staff costs above are included within note 3b.|||
||The charity employed three people during the year as follows.|||
|||No.|No.|
||Activities in furtherance of the charity's objects|2|_3_|
There were no employees who received employee benefits of more than £60,000 in either year.
Page 22
HAYWARDS HEATH BAPTIST CHURCH
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued)**
## **15 PENSIONS**
The church is a participating employer within the Defined Benefit section of the Baptist Pension scheme and has been making ongoing deficit payments of £1 per month to cover the costs of past service of its staff withing the scheme. The church understands that it would have cost £48,500 to settle its statutory obligations to the scheme at the year end. The church has no plan to leave the scheme and expects to continue to make payments to the scheme in line with the recovery plan.
## **16 CAPITAL COMMITMENTS**
There were outstanding capital commitments of £658,071 as at 31st December 2023, of which £654,841 related to the purchase of a ministers manse at 60 Bruce Close, Haywards Heath.
Page 23