Al• Fishponds
Baptist Church
ANNUAL REPORT AND
FINANCIAL STATEMENTS
YEAR TO 31ST DECEMBER 2024

FISHPONDS BAPTIST CHURCH
CONTENTS
Report for 2024....
Full Name, Address, and Introduction of the Church .
Objects
Aims............................................................................................................................................
Public benefit.
Leadership...
Independent Examiner and Bankers
Main Focus of Activities
Fellowship
Custodian Trustee.......................................................................................................................
Concluding Remarks...................................................................................................................
Leadership Team 2024....................................................................................................................
Income.............................................................................................................................................
Gift Aid........................................................................................................................................
Regular Giving.............................................................................................................................
Investment Income .
Other Income..............................................................................................................................
Expenditure
Grant Making Policy {Mission Giving).........................................................................................
Accounts Overview...................................................................................................................
Reserves...................................................................................................................................
Statement of Trustees, Responsibilities....................................................................................
Reference and Admin................................................................................................................
Report of Independent Examiner..................-...........................................................................
Statement of FinancialActivities {SOFA)......................................................................................
Balance Sheet................................................................................................................................
Notes to the Financial Statements
Note 1- Basis of Accounts and Accounting Policies
Note 2- Income from: Donations and Legacies..................................................
Note 3- Income from: Charitable Activities.............................................................................
Note 4- Income from: OtherTradingActivities........................................................................
Note S- Expenditure on: Charitable activities
. 20-21
Note 6- New incomel(expenditure) ForThe Year
.21
Note 7-Staff Costs and Number............................................................................................22
Note 8-Taxation
.22
Note 9- Statement of Financial Activities Comparative Figures
.23
Note 10-Tangible Fixed Assets................................................
.24
Note 11- Debtors....................................................................................................................24
Note 12-Creditors..................................................................................................................25
Note 13- Movements in Funds.......................................................................................... 25-26
Note 14-Analysis of Net Assets Between Funds....................................................................27
Note 15- Related PartyTransactions
.27
16-18

FISHPONDS BAPTIST CHURCH
REPORT FOR 2024
Full Name. Address. and Introduction of the Church
Fishponds Baptist Church, Downend Road, Fishponds, Bristol BS16 SAS, is incorporated under a
Charitable Deed of Trust. The Church registered as a charity11131411) with the Charity Commission for
England and Wales.
The Church Office Telephone Number is 0117 965 3421.
The Church, which is affiliated with the Baptist Union of Great Britain and Ireland and the West of
England Baptist Association, aims to uphold the Declaration of Principle of the aforesaid Baptist Union,
which is:
That our Lord and Saviour Jesus Christ. God manifest in the flesh is the sole and absolute authority
in all matters pertaining to faith and practice, as revealed in the Holy Scriptures, and that each
Church has liberty, under the guidance of the Holy Spirit. to interpret and administer His Laws.
That Christian Baptism is the immersion in water in the Name of the Father. the Son and the Holy
Spirit, of those who have professed repentance towards God and faith in our Lord Jesus Christ who
died for our sins according to the Scriptures- was buried and rose again on the third day.
Every disciple has to bear personal witness to the Gospel of Jesus Christ and take part in the
evangelisation of the world.
Objects
The Charity is governed by an Approved Governing Document which states that the principal purpose of
the charity is the advancement of the Christian faith according to the principles of the Baptist
denomination including the advancement of education. community service and other general
charitable purposes in such parts ofthe United Kingdom and the world as the Church shall determine.
Aims
The main aim and objective of Fishponds Baptist Church {FBC) is to know and share the good news of
Jesus Christ in all that we do.
Atthe heart of the Church is its ministryto the membership, congregation, and the wider community at
large so that the messages contained in Scripture are shared and celebrated and the understanding
and acceptance that Jesus Christ is the Lord and Saviour grows.
FBC is gifted in practical terms as the church has a range of resources and facilities that enable
fellowship to be enjoyed, not just on Sunday but also on a continuous basis. The church is also
organised into smaller networks for fellowship through fortnightly small group meetings and care/well-
being through a care group structure which encourages a sense of personal belonging within what is
quite a large congregation.
To maintain and develop its ministry, premises. and facilities, FBC collects donations, predominantly
from the congregation. These donations also provide the opportunity to contribute financially to a wide
range of Faith-based org8nis8tions both within the UK and overseas providing a variety of outreach and
ministry programmes or practical projects.

FISHPONDS BAPTIST CHURCH
Public Benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public
benefit when reviewing our aims and objectives and in planning our future activities.
FBC is committed to being a place of worship of God for the people who live in Fishponds and
neighbouring communities. All are warmlywelcomed when they enter the church.
In addition. FBC is committed to servingthe community in manyways. Please see the Main Focus of
Activities for more details about this.
Leadership
The Deacons, who are the Managing Trustees of the charity, administer the Church. Charity Law
requires trustees to prepare annual accounts which consist of a Balance Sheet and Statement of
Financial Activities. together with accompanying notes. and which give a true and fair view of the state
of affairs of the charity at the end of the financial year and of its income and expenditure, in line with
FRS102 SORP.
Deacons are voted onto the Diaconate by the membership at an Ordinary Church Members. Meeting.
Deacons are appointed for an initial three-yeartermwith the opportunityto be nominated for
reappointment at the end of each three-year term. Deacons fulfil their role voluntarily and are assisted
by many other volunteers helping within all areas of the Church. The Pastor (Minister) who is the
"Holder of Office" and is a paid employee of the church. also sits on the Diaconate. Those who have
served in the Diaconate are listed on page 7.
Independent Examinerand Bankers
The appointed Independent Examiner of the Church is Joshua Kingston Bsc ACA, Burton Sweet Limited,
The Clock Tower. 5 Farleigh Court. Old Weston Road. Flax Bourton. Bristol BS48 1 UR.
The Church's bankers are:
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling.
Natwest Bank PIC. 778 Fishponds Rd. Fishponds. Bristol.

FISHPONDS BAPTIST CHURCH
Main Focus of Activities
This year the church has continued to see growth in many areas of church life.
Sunday services have experienced further numerical growih with more adults and children attending
each week. The stronger stewarding, hospitality, worship, prayer, children's and youth teams we began
developing in 2023 continue to be a key element in both caring for and developing growth as a church.
Our Cantonese sermon stream, which happens twice a month, celebrated its first anniversary and
continues to be a strong and valued part of the church. During the summer. a Cantonese worship event
was hosted by our church and many people from across the city attended. We also began two new
Cantonese-speaking small groups during the year to help encourage and support Cantonese-speaking
adults who attend the church.
Beyond the Sunday morning service. many other activities happened in the building. During term time,
two toddler groups met each week and throughout the year there was a monthly Family Messy Church
and Dads and Tots event - all enjoying growth and with a connection with people beyond the church
family. Each week the church hosted a luncheon club for seniors and a weekly foodbank that supports
people with food, conversation, and advice via external partners. The church also continues to be
involved with churches across Bristol offering soup and sandwiches and care for the homeless and runs
two Hope into Action houses which seek to help and support peopLe vulnerable to homelessness.
The church also ran activities to engage with young people. both independently and in partnership with
other local churches. The team running the youth work grew during 2024, and at the end of the year
decided to officially partner with the George Muller Trust - an organisation that seeks to mentor and
resource church youth groups.
During the autumn term. the church ran an Alpha course welcoming 40 guests and volunteers to eat
togetherand explore the Christian faith. Throughout theyearseveraLsocial eventswere also heLd to build
community both within the existing church and beyond.
Throughout the year some external organisations use the church building. including the Scouts, the
Brownies, and an independent preschool. Atthe end of 2024, the Scouts moved out of church premises
into a larger facility based at a local school. They also removed a significant number of resources that
they were storing at the church. This departure comes after a very long connection with the church, but
the need for further space and the church not being able to provide it prompted this move. All parties
were thankful for what had been done over the years and wished each other well for the next chapter
before them.
During the year. the building encountered a variety of upgrades. changes. and adjustments. The
foodbank store was relocated, enabling the main church office to be re-established at the heart of the
church building. The old office was then converted into a small meeting room. CCTV feeds were rewired
to the new office and a new large TV screen was added to the small conference room. Other upgrades
include replacing office windows. sorting out drainage. replacing many roof lights and removing some
large built-in storage units.
A major six-phased building refit was developed by an internal building team, a plan which will take
several years to implement, but will see the refurbishment of the building. Phase 1 was the heating
system replacement and new toilets which was completed in 2023. Phase 2 will include rebranding,
signage. a refurbished sanctuary. and an upgraded main entrance. The rebranding has taken place.
signage has been ordered, and the refurbishment will begin in 2025 as funds allow.

FISHPONDS BAPTIST CHURCH
Several significant changes in personnel happened during the year. Due to the growth in so many areas
of church life, it was agreed to seek to employ a part-time Associate Minister, to work with the Senior
Minister in allaspects of church leadership. and to specifically focus on integratingthe many new people
who arejoining the church. An amazing personwasvoted into this post in November andwill start on the
1 st of January 2025.
In 2024, a new treasurerand a new head of pastoral care were appointed, both bringing further changes
as new procedures and processes were developed. Much work was also invested in developing further
team leaders in preparation for when the Children's and Families team leader went on maternity leave
at the beginning of 2025.
We are hugelygrateful to everyone - both volunteers and paid staff for their unstinting involvement which
enables the work of FBC to be carried out in such a committed. positive and effective manner.
We thank God for how He has blessed the church during 2024, and we look forward to all that He will do
in 2025 at Fishponds Baptist Church. Thefellowship is open and committed to being a"Beacon on a hill
' and to "shine brighter" with the love of God as we seek to serve God and the local community.
Fellowship
Two people attested to their faith by going through the waters of baptism in obedience to scripture.
Our Fellowship now has a membership of 152 (2023: 154). The changes to our membership were as
follows:
New Members-22
Transfer In- O
Transfer Out to Another Church- 3
Resignations- 11
Removed due to loss of contact - 7
Deceased- 3 were called to be with the Lord
Custodian Trustee
The Custodian Trustee for the Church is Webnet (registered as the West of England Baptist
Association). Webnet holds in trust the title deeds of the Church properties.
Concluding Remarks
We are grateful to all those who have contributed to the work at FBC throughout this past year. A
church is dependent on the commitment of its membership and here at Fishponds we have many who
work tirelessly and without recognition. To these, we give our heartfelt thanks and praythat God will
bless them in the days that lie ahead. Finally, we record on behalf of the fellowship our gratitude to the
diaconate for their work in leading and guiding us under God's headship.

FISHPONDS BAPTIST CHURCH
LEADERSHIP TEAM
Senior Minister:
Reverend Mark Madavan
Deaconate:
Senior Minister. plus
Deacons:
Mr Graeme Betts
Mr Peter Keenan {treasurerto February 2024)
Mrs Catherine Madavan
Mrjohn Ray {term ended April 20241
Mr Jason Tinley {appointed & treasurer from February 2024)
Mr Adam Mitchell-Baker (appointed September 2024)
Mrs Kathleen Jinadu (appointed January2025)

FISHPONDS BAPTIST CHURCH
INCOME
GIFT AID
The amount shown in the accounts for gift aid reclaimed in 2024 is £42,20012023 - £42,034).
By the end of the year. 56 active supporters had signed Gift Aid Declarations and had given during 2024.
REGULAR GIVING
The regular giving which includes giving by members and worshippers, member gifts and special
collections, has increased by 120/0. This is due to an incre8se in the congregation. There w8s also a
generous gift of £40,000 gift during the year.
GRANTS
We benefitted from an Access to Work Grant from DWP to fund the post of Ministerial Assistant to
support the Senior Minister.
INVESTMENT INCOME
The church follows a 'low risk. policy when investing its surplus cash which is normally placed on
deposit (short notice or instant access) with the Bank. Whilst the interest yield is not substantial. the
deacons consider that the overriding requirement is to protect the sum invested.
OTHER INCOME
During the year we benefited from gifts and donations from Church organisations for use of premises
and general support.
EXPENDITURE
Total expenditure in 2024 rose to £291.191 (2023: £247.174). reflecting an increase in mission giving,
church repair and improvements, and additional administrative support.
STAFFING COSTS
Ministerial Staffing: Increased by 20/0 to £76,458 {2023: £75,227), aligning with annual salary increases.
Administrative Salaries: Rose 680/0 to £41,927 {2023: £24,896), reflecting the first full year of the DWP-
funded Ministerial Assistant role and expanded administrative support with a five-day office presence.
MISSION AND OUTREACH
Mission Giving: Achieving our target of mission giving of at least 10% of our unrestricted income,
mission giving rose to £33,346 (2023: £21,621). Notable increases include:
Webnet Home Mission: +78Oh {£12,000}, reinforcing support from Webnet for our local Baptist
family of churches.
Other Mission Giving: +103 % (£6.390), increasing our giving to local Christ18n missions, such as
inHope and overseas relief efforts, such as Nepalese Flood Relief.
Outreach: Decreased to £6.58212023: £8.6481. following a realignment of activity allocations {e.g. Soup
Run now under Other Mission Giving)

FISHPONDS BAPTIST CHURCH
PROPERTY AND INFRASTRUCTURE
Property Repairs and Maintenance: An expected increase of 187% to £8.942 {2023: £3.120) due to
essential works, including gutter clearance, pigeon netting installation, and ceiling repairs.
Energy Costs: Increased 420/0 to £13.054 (2023: £9.178) following the installation of energy-efficient
boilers in late 2023, which improved heating reliability but raised gas consumption.
Church Rates: Increased to £9,945 (2023: £5,137) due to the first full-year lease cost of the minister's
new manse.
OPERATIONAL ADJUSTMENTS
Manse Rates: Reduced by 1 OYO to £3,857 {2023: £4,296) as utility costs are now paid for by the tenants.
HIA Houses: £365 allocated to Furniture and Equipment (2023: nil) for essential household items in
supported housing.
Routine Maintenance: Decreased 90/0 to £27,72812023: £30,351), reflecting stabilised building upkeep
{new boilers) and reduction of costs through changes in suppliers.
OTHER KEY ITEMS
Training: Reduced to £1.160 {2023: £1.942). prioritising cost-effective solutions.
Worship Equipment: Costs remained negligible (£161 as 2023 repairs extended asset lifespans,
avoiding new purchases. New equipment costs of £2.497 were added to the fixed asset register (not
added to the expenditure) and depreciated accordingly.
CONCLUSION
Our 2024 expenditure supported vibrant growth and service: nurturing Cantonese ministries. expanding
youth partnerships, and welcoming newcomers through Alpha courses. Investments in building
upgrades - like relocating the foodbank store and planning sanctuary refurbishments- ensured our
spaces remained welcoming for those attending Messy Church. toddler groups. and our other
ministries. Every pound spent echoes the generosity and dedication of our congregation, united in
purpose. Together. we steward God's provision to shine brighter- equipping Fishponds Baptist
Church to be a beacon of hope in 2025 and beyond.

FISHPONDS BAPTIST CHURCH
GRANT MAKING POLICY (MISSION GIVING)
Fishponds Baptist Church entrusts grant allocation to the Mission Task Force. a dedicated group of
members delegated bythe CharityTrustees to manage the annual mission budget and recommend
partnerships. Final grant decisions are approved by the Trustees to ensure alignment with our
charitable purposes and vision. while the total mission budget. including grant allocations. is ratified by
the Church Members. Meeting as part of the annual budget.
The Mission Task Force ensures faithful stewardship of resources in line with our vision to "shine
brighter" as a beacon of God's love, prioritising initiatives that advance evangelism, community
development, and crisis relief, with a focus on Baptist partners such as Webnet and BMS World
Mission.
ACCOUNTS OVERVIEW
The Church's Total Assets (excluding the value of Land and Buildings) grew by £104,920 in the past
year. This increase reflects a £106.776 surplus in unrestricted funds (available for general purposes).
pa rtially offset by a £1,856 deficit in restricted funds (a Ilocated for specific initiatives).
RESERVES
As a church. we are committed to being good stewards of both income and assets. We are also
committed to the vision and values of this church to be a healthy growing community. This requires
strategic planning. budgeting. and monitoring of all income and assets. It is the practice of this church
to hold a cash reseNe equivalent of at least three months of general running costs to cover unforeseen
circumstances. General running costs include all liabilities {salaries, contracts, and financial
commitments). For 2025. the reserves target is £72.223.
At the year-end. the free reserves are £153.33212023 - £145.785). being the total general unrestricted
funds. The fixed assets are held in a designated fund. as these are not readily available.
The church's reserves are currently higher than our reserves policy for the following reasons:
The church has grown in numbers and giving. and we received one-off significant gifts.
The building needs further investment, and reserves will be allocated towards this as plans evolve.
In 2024 we designated £85,000 of the free reserves for this purpose {Designated Building Fund).
10

FISHPONDS BAPTIST CHURCH
REFERENCE AND ADMINISTRATION
Charity details
Fishponds Baptist Church
Downend Road.
Fishponds,
Bristol BS16 SAS.
Charity number 1131411 (registered in England and Wales)
Trustees (Deacons)
Rev Mark Madavan (senior minister)
Mr Graeme Betts
Mr Peter Keenan (treasurer to February 20241
Mrs Catherine Madavan
Mr John Ray (term ended April 2024}
Mr Jason Tinley (appointed & treasurer from February 2024)
Mr Adam Mitchell-Baker (appointed September 2024)
Mrs KathLeen Jinadu (appointed January2025)
Independent examiner
Joshua Kingston Bsc., ACA
Burton Sweet Ltd..
Chartered Accountants,
The Clock Tower,
Farleigh Court.
Old Weston Road,
Flax Bourton.
Bristol. BS48 1 UR.
Bankers
CAF Bank Ltd.,
25 Kings Hill Avenue,
Kings H ill.
West MaLling,
Kent.
Natwest Bank PLC,
778 Fishponds Road.
Fishponds.
Bristol.
11

FISHPONDS BAPTIST CHURCH
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards including Financial
Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland
{United Kingdom GenerallyAccepted Accounting Practice).
The law applicable to charities in England &Wales requires the trustees to prepare financial statements
for eachfinancial yearwhich give a true andfairview ofthe stateofaffairs ofthecharity and ofthe income
and expenditure of the charity for that period. In preparing these financial statements, the trustees are
required to:
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles in the Charities SORP.
Make judgments and accounting estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed. subject to any material
departures disclosed and explained in the financial statements" and
Prepare the financial statements on a going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008
and the provisions of the trust deedlconstitution. They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and detection of fraud and othe r
irregula rities.
Signed by order of the Trustees.
fvfa61aLw
Jaiok r/
Reverend Mark Madavan
Jason Tinley-Treasurer
Approved by the Trustees on 15 May 2025.
12

FISHPONDS BAPTIST CHURCH
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FISHPONDS BAPTIST CHURCH
I report to the trustees on my examination of the accounts of Fishponds Baptist Church {the Charity) for
the year ended 31 December 2024.
Responsibilities and basis of the report
As the charity trustees of the Charity, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 {'the Act'l.
I report in respect of my examination of the Charitvs accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed allthe applicable Directions given by the Charity
Commission under section 145{51{bl of the Act.
Independent examiner's statement
Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertakethe examination because l am a
member of the Institute of Chartered Accountants in England and Wales. which is one of the listed
bodies.
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:
The accounting records were not kept in respect of the Charity as required by section 130 of the
The accounts do not accord with those records. or
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.
ockKL ILi
Signed:
Dated 15 May 2025
Joshua Kingston Bsc ACA
Burton Sweet Limited,
Chartered Accountants.
The Clock Tower,
Farleigh Court,
Flax Bourton,
Bristol. BS48 1 UR
13

FISHPONDS BAPTIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2024
Unrestricted
Gonoral
Designatad
Funds
Funds
Rgstricted
FU￿lS
Endowment Total Funds Total Funds
Funds
2024
2023
Note
Income from:
Donations and legacies
Charrtable actimties
Other trading ￿t￿[kneS
Investments
254.822
714
53.835
5.334
3.7￿)
37,398
40,124
296,010
40,838
53,835
5,428
273,431
45.416
29,825
5,132
Total Income
314,705
3.7
77,616
396,111
353,804
Expenditure on:
Charitable actmties
213.
9.155
68,972
291,191
247.174
Total expendlture
213,064
9.155
68,972
291,191
247,174
Net incomellexpenditwe)
101,641
15.3651
104,920
106,630
Transfers between funds
13
194,094)
104.594
110,5(K)}
Net movement In funds
7,547
99,229
11,856)
104,920
106,630
Total furKls at start of year
13
145.785
346.515
17,954
268,950
779,204
672,574
Total funds at end of year
13
153,332
445,744
16,098
268,950
884,124
779,204
The Charty has no recojnis￿l gans (r ksses than the resutts the year as sel wl above.
All cl the acliviiw d Ihe charity are Class￿ as ¢(￿tinUing.
The notes on pages 16 to 27 fonn part of tI￿se financial statements
See note 9 for fund4ccounting cornparative figures
14

FISHPONDS BAPTIST CHURCH
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Not&
Fixed assets
Tangible assets
10
578,674
568,115
578,674
568,115
Current a$set$
Debtors
Cash al bank and in hand
11
21,110
295,825
11,824
215,078
316,935
226,902
Liabilities
Creditors .' amounts faling due wiihin c￿e year
Net Current assets
12
111,485}
305,450
115.8131
211.089
Net assets
884,124
779,204
FUNDS
Unrestricted funds
General funds
Designated funds
Restrictgd funds
Endowment funds
14
14
14
14
153,332
445.744
16.098
268,950
145,785
346,515
17,954
268,950
Total funds
884,124
779,204
These financial statements were approved by the Trust￿ (fft 15 May 2025 and are swJngd (fft their behalf by..
Jaiok r/
Jason Tinley
Church Treasurer
The notes on pages 16 to 27 forn) part of tlw financial Slalements
15

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
counting policies
counting convention
The financial stateM￿ts have prepar￿ in &￿dance wi(h the hist(￿Cal Cost ¢￿VentIOn lexcepl wh￿e otheNise stsled in the
accounting policy note) and in &COrdan￿ wtlh the Stat￿ent (* R￿n￿end￿l Practice.. Accounting and RetKXting by Charities
preparing th￿r acccAJnts in ¥cordance with the FIn￿CIal Repcrting Stsndard applicable in the UK and Republic of Irdand {FRS
1021 issued in October 2019, and the Fin￿claI RepKYtiThJ SLwdard appli￿￿ in the UnIt￿j lfjngdom and Republic of IreLgnd {FRS
1021. and the Chartti&s Act 2011.
The &counls (financial sIattsYn￿1sI have bew prepared lo give a llrue and fair. wew and have departed from the Charities
(Accounts and Rep(xtsl RegU1atK￿s 2008 to the extent r￿Uir￿j lo provKle a 'true and fair view.. This departure has invdved
fcAlowing Accounting and Repcrting by Charities- Ststem￿rt cl Rec(Mnmended Pr&lice applicable lo Charities preparing their
accounts in acuxdance wtth the Financial ReFx￿tlng Standard applicable in the UK and Republic of Irdand IFRS 1021 issued in
October 2019 rather than the AcccAJnting and Re￿ting by Chariti&8: Statement of Recommend&1 Practice effective frcm 1 April
2005 which has since been withdrawn.
The charity is a publ￿ beneff( ￿tty as defiwl undw FRS102.
There are no material unwtainties abcxJL the chartty's abilty to continue as a gomng coK)cern. despi(e the uncertainty being caused
by the cost-of-lThring crisis. The Trustees have carefvlty the eff￿1 of this Wh￿ preparing budgets for the coming year.
The increase in the c(￿grOa8t￿jn and the increase of gmng throJgh physical offerings, gives the Trustees ccx)fidence that there will
be minima effect on the charity s operations and raserves in the crKning years, and that the charity has sufficient reserves lo suslan
the current level crf ￿tivity.
Income
Incom8 from d(￿at1(￿S is included in inccffte when Ihese are r￿1Vale, except as f(Alows'.
l. When dcncrs 5￿fy that ￿(￿at￿M$ to the charity musl be us8J in future aCc￿ntIng pericds, the incc¥me is deferraj until
those peri(xJs-
11. When d¢￿￿$ impose conditions which have to be fulfilled the chJity ￿(￿eS entitled lo use such inccThe, the income is
deferred until the prfrconditions have met.
Gfft aid r￿&Vable is included in inccxne when thwe is a valKI decl¥*1(￿ fr(An the d(￿￿, and any grft aid recovered on a donatKJn is
C(msider￿ lo be part of the grft and treat&l an ￿jdrt￿ to the same fund as the (￿gIn￿ grft.
L￿￿leS are included ￿ a rec8vable basis where charity is wtilled lo the In¢￿￿e, it can be measured rdiably and receipt is
probable. Where 1gJacies have nOt[fi￿ lo the charrty, the charity is aware (* the granting of probate, and the criteria for
income recc9nlth￿ have ncrt b*n met, then the leg&y is ncrt included in inccme bul is treated as a ¢(￿tingent asset and disclose￿
material.
Investment incclne is incIL￿ed on a basis.
Expenditure
Expenditure is reccxJnised in the pen¢JJ in which rt is Incurr￿1. EX￿ditUre includes 8ttribul8ble VAT wh￿h cannot be r￿0vered.
16

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
counting policios (continwd)
Charitable Activities
Grants award￿ are al1¢Xat￿ to charitable *tNitses.
Grants awarded are Irealed as expenditure and a liabilty in the accwnts as S(￿ as they beccThe legd or conslruclive obligations.
In the case of mutti-year grant awards, the funding fLY all years is iMm8J￿1￿Y r￿1)jniS￿ unless there are C¢￿d￿lL￿s which need lo
be met by the recipwt to enable the release of subsequent years, fvnding.
Govemanc8 Costs
Govemance costs include crtsts aSS(￿lat￿ wth meeting the ccmstitulK￿￿ and statul(ry requirements of the charity and
include the independent examination f*s and cc6ts I￿k￿j to the straI￿J1¢ managemenl of the charity. Governance costs are
included within charrtable ￿tIV[tE5.
Pension Costs and otherpost-rgtirement benerts
The charity operates a defind ¢(￿trIbU1￿ plan f￿ its ￿plOYeeS. A defin￿ crmlribution plan is a pension plan under which the
charity pays fixed contributions into a separate ￿lity. Once the ¢(￿lrIbUti(￿s have paid the ¢h*tty has no further payments
)l1gatK￿S. The contributions are rwn1s￿j as an expense when they are due. Am(xJnts not paid are shown in ￿CrUalS in the
balance sheet. The assets cl the ￿an are hehj separalety frc*n the ch￿lty in an Inde￿d￿llY ￿MInIst￿ed fund.
Prior to 2012 pensi(￿ provis￿ was male thr(yJgh muttpempkryer deffin￿ b￿efft pensK)n plans. Where il is not possible f(x the
charity to obtain suffiC￿t Informatic￿ lo rt to WAJnt f￿ a ￿an as a defin￿ beneff( pL8n, il acccKJnls f(￿ the plan as a defin
¢c¥)lribution plan.
Where the plan is in defictt and where the charity has 4regJ. with the p￿. to partKipate in 8 deficit funding arrang&nenl, the
charity r￿ogniseS a liability for this rt)ligati<￿. The am(xJnt rwnised is Ihe net present value of the contributions payable Und￿ the
8gr&menl that rdale lo the defici(. The unwinding of the discwnl is r&c%JnIS￿ as a finance cc6t and any oth¥ change in the
measurement of this liability is expens￿ to Statement irf Financ￿ Activrt￿s.
Tangible fixed assets
Fixed assets are held al crtsl less accumulat￿ depwlat1r￿. Assets cctsting tss than £1(K) we nd capitalised. Depreciath)n is
¢al¢ulat8J so as lo write off the cc6t of an asset, less its estimat￿1 ultimate residual value, over the useful lrfe of that asset as
fdlows..
Church Building Improvement¢ 10°A slraight line
Fixtures & Fittings.. 20.10 Straght Line
Equipment.. 25.10 Straight Line
Land and buildings
Two Manses in Brisld we indud&J in these ￿¢￿nIS at th￿r resmive purchase prices li.e.
£94,(X)O and £174,950). The ￿C[xJntS are not charg&l wth deprec￿tK)n in respect of the Manses, as
it is felt thai the amwnt that wwld be Ch¥g￿ w(wld te immat￿￿ as an amwnl C￿ ils own and in
the c(Mlext of the baance sh￿1 as a whole.
Debtors
Trade and other debtors are rec(KJnised at the seluement am(xJnt due after any traje discount offer￿. Prepayments are valued at
the amount prepaid net of any tr￿le disC￿nts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and tum highty IMiuMI inv&8tmenls wf(h a short maturrty of thr￿ mcnlhs or less
frcm the date of ￿qUiSitI1￿ ¢x opening of the dew6it ￿ similar acC(￿nt.
17

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
unting policios (continwd)
Creditors
Creditors and provisws are recojnised the charity has a preswl d)I￿all(￿ resuliing frcmn a past event that will probably
result in the transfer of funds lo a third party arKI the am(yJnt due to settle the d￿lgalK￿ can be measur￿1 (x estimat￿1 reliably.
Crgdrtors and provisk￿$ are nomially r￿n1$￿ al tsr amwnt after dkAving fry any trale discounts due.
Fund accounting
Endrywment funds represent the ￿ manses in Bristd.
Reslricled funds Can (￿ty ￿ used part￿Ular restrict￿ purwjses within the ￿)1￿1$ cl the charity. RestriclDns arise when
S￿lfi￿ by the donor (K when furKls are rai￿1 f(x particul& restrict￿1 pUr[￿e5.
Designated funds form part of unrestricted fvnds have Ixen identsfied as b￿ng for particular purposes by the Trustees. They
are not restrict￿ and can be transferr￿￿ to gen￿￿ funds at any b.me at the discretK)n of the Trustees.
Further explanation of the nature and pUrp(￿e of ￿ furMI is includ&J in the notes of the fIn￿cIal stalemenls.
Income from: Donations a￿1 legacies
Unrestricted
Funds
Designatgd
Funds
Restricted
Funds
Endowmont Total Funds
Funds
2024
t)onations
Grants - Access to
R￿ular giving
Building fund dalla1￿5
Grft aKI
3.7
4,070
28,970
213,821
6,949
42,2(x)
28.970
213.821
6.949
1.479
40.721
254.822
3,7
37,398
296,010
Prior year
UnrestrScted
Funds
Designated
Funds
Restricted
Funds
Endowment Total Funds
Funds
2023
Donations
Grants
Grants - Access to Wtyk
Regular giving
Building fund d￿at*￿S
L￿￿leS
Grft aKI
1,2(M)
8,2
18,651
1,600
13,911
18,651
192,065
4,170
1,000
42,034
5,661
192.[￿95
4.170
41,678
240,804
32,627
273,431
18

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
I￿oMe from: Charitable activities
General
FUNIS
Designated
Funds
Reslricted
Fu￿JS
Endowment Total Funds
Funds
2024
Tenant rent
Tenant charges
Sundry receipts
36.086
4.038
36,086
4,038
714
714
714
40,124
40,838
Prior year
General
Funds
Designated
Funds
Restricted
Funds
Endowment Total Funds
Funds
2023
Tenant r￿t
Tenant charges
Sundry receipts
40.226
4.134
40,226
4,134
1,056
45,416
Income from: Other trading activities
General
Funds
Designatgd
Funds
Restrictgd
Funds
Endowmgnt Totsl Funds
Funds
2024
Rentd income
53,835
53,835
53,835
53,835
Prior year
General
Funds
Designated
Funds
Restricted
FurK15
Endowment Total Funds
Funds
2023
Rental income
29,825
29,825
29.825
29,825
19

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Expenditure on: Charitablg activities
Gengral
Funds
Designated
FU￿lS
R&stricted
Funds
Endowment Total Funds
Funds
2024
Direct costs
Ministry
Wages and Salaries
Pastor's expenses
Pulpit supply
Young pwiles. wc¥k
Outreach
Worship equipm￿1
Training
Sundry expenditure
Mission Giving
Baptist Missionary s￿Iety
Webnet Home Mission
GO MAD UK
other MISS￿ Giving
HIA Houses
Rent
Empowerment worker saloJies
monlhtyf
Support Costs
Utilty Costs
Insurance
Furniture and eqUipM￿t
Council lax
Manse raies
Banking charges
Prfwy repairs and maintenance
Travd and traning expenses
Sundries
Depr￿lati<
Church Rates
Administrative salaries
Other expenses and consumables
Professional fees
Routine maintenance
Energy costs
76.458
581
76.458
581
3.500
5,844
6,582
16
1,160
884
6.582
16
1.160
10,000
12.000
4.956
6.3
10,000
12,000
4,956
6,390
lo,￿0
9,270
1,200
10,000
9.270
1.200
4,268
392
365
3,700
4.268
8,207
365
3,700
3,857
130
8,942
356
1,499
9,035
9,945
41.927
5,275
4.062
27.728
13,054
7.815
3.857
130
8,942
356
1,379
120
9.035
9,945
12.957
5.275
4.062
27.728
13.054
28,970
213.064
9,155
68,972
291.191
20

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Expenditure on: Charitable adivities Icontinwl)
Prior year
General
Funds
Designated
FurKIs
Restricted
Funds
Endowment Total Funds
Funds
2023
Direct costs
Ministry
Wages and Saaries
Pastor's expenses
Pulp(c supply
Young p&)ples' w￿k
Outreach
Worship equipment
Training
Sundry expenditure
Mission Giving
Baptist Missionary ScKiety
Webnet Home Mission
GO MAD UK
Other miss￿￿ giving
HIA Houses
Rent
Empowerment worker salaries
m￿th￿f
Support costs
Utilty Costs
Insurance
Furniture and ￿uIpMent
Council lax
Manse rates
Banking charges
Prtyty repairs and maintenance
Travd and traning expenses
Sundries
Depr￿lation
Church Rates
Administrative sdaries
Other expenses and c(￿SUmableS
Professional f
Routine maintenance
Energy costs
75.227
781
1.792
3.186
8.648
3.687
1,942
2.263
75.227
781
1.792
3,186
8,648
3,687
1,942
2,263
6.750
6.750
6,750
6,750
4,980
3.141
3.141
10,(X)O
8,188
1,140
10.000
8.188
1.140
3,917
169
3,917
7,523
7.354
3,471
3,471
4,296
120
3,120
120
3,120
646
646
7,670
5.137
24,896
3.998
4.376
30.351
9.178
7.670
5.137
6.245
18,651
4.376
30.351
9.178
1￿.082
7,670
49,422
247,174
Net incomel{expendbture) for the year
This is stated after chargirwJ'.
2024
2023
Independent examin￿$ fees
- fc* I￿ependent exJnin*Km
- f(x ￿c￿nts preparatK)n
Trustees, Iravd, m￿ting and Iraning ex￿
Depr￿latIOn
2,370
1.170
2,370
1,170
9,035
7.674
Aggreg*e dr￿81￿￿)$ from Trustees, key pwscmnd, and cther rdated p￿t￿ was £26,71312023.' £37,800).
21

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Stsff cost$ and numbors
The ￿gr￿Jate payTdl cctsts wue..
2024
2023
Wages & salaries
ial S￿UritY costs
Pension contributi￿S
116,845
3,554
7,247
82,797
727
6.136
127,646
89,660
During the year, the church empw p￿lIe 85 fc4kpw5:
Number
2024
Number
2023
FTE
2023
2024
Ministry
Administraliu)
2.85
Key management personnd are the minister de*[￿S. The total salary and benefts for these people including pensDn
C(￿tributIonS to the Baptist pensi¢￿ scheme coveriThJ eyi5ting and previLNJS paslLYS were £56,70812023.. £46,536).
No received em￿uM￿ts cl m(Ye than £60.000 in ather the current. ￿ pr&￿ing year.
Rev Mark Madavan, a trust￿, receIv￿j of £41,296 (2023" £38,938) f(Y his rde as S￿￿)r Minister. This is permilled
under the governing d￿Ument f(x the Chanty. He is aso Provid￿ wrth living ￿cOMmIXIation in the form of a Manse which is rent￿1
by the church, and received £11,58212023.' £4.0581 in reimburs￿￿enI of h￿sing and brckqdband costs.
Taxation
The charity is exempt frrm ccwatirm tax C￿ its Charilab￿ ￿t￿Tt￿.

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Ststemont of Financial ktivitie$ comparative figures
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Endowment Total Funds
Funds
2023
For the year ended 31 December 2023
Income frorn:
Donations and le9￿￿5
Charrtable activtiies
Other Irajing &livilies
Investments
240.804
1.056
29.825
5.132
32,627
44,360
273.431
45,416
29.825
5.132
Total income
276.817
76,987
353,804
Expenditure on:
Charitable acts'vitEs
197.752
49,422
247,174
Total expenditure
197.752
49,422
247,174
Net incomel(expenditure) for the year
79.065
27,565
1[￿.630
Transfers between funds
(179,3501
354.185
1174,8351
Net movement in funds
{1(K),2851
354,185
1147,2701
106,630
Total funds at start of year
238.400
165,224
268.950
672.574
Total funds at end of year
138.115
354,185
17,954
268,950
779.204
23

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
10 Tangiblo fixed assets
Church
Asset under
Building
cortstruction Improvements
Land and
buildings
Fixtures and
fittings
Equipment
Total
Cost or valuation
At 1 January 2024
Additions
DisposJs
Transferr&J Inlloutl
At 31 December 2024
286.875
268.9S)
67,703
1,079
12,362)
(62,1731
4,247
623,528
19,594
18.1091
15.303
3,212
{5,7471
36,653
1286,875)
312.395
327.698
268,950
34,118
635,013
Dgpreciation
At 1 January 2024
Charge f￿ the ye
Eliminated on d1SFx￿al
Transferrd Inlloutl
At 31 December 2024
55,413
55,413
9,035
18.1091
3,169
(5,7471
29,420
{2,362)
(49,8831
3,179
20.463
26.318
26,842
56,339
Net book value
At 31 December 2024
301.380
268,950
1,068
7,276
578,674
At 31 December 2023
286,875
268,950
12,290
568.115
Flxed Asset Reclassrfication
During the year, assets under ccnstructKM7 ¢C6ting £286.875 wwe ¢cmplet&J and r￿lassifi&l to 'Church Buikling Improvem8nts'.
Depr￿latIOn comrnenced from the dale of coynpletK￿ {1st Novembw 20241
During the year, the existing 'FIxtu￿ al￿ Fittings. cat8Jc¥y was r￿laSsffi￿j into thr* new categories.. 'Church Building
Improvements, Equipment,. and Fixtures and Fittings.. HIst￿ICa cost and accumulated depr￿￿￿tk)n were apportk)ned basal on the
relalwe value of assets in each cat￿(ry.
hurch
Building
Improvement
Fixtures &
Fittirys
(Originall
Fixtures &
Fittings
Equipment (Remaining)
Categcry
Cost
Opening Balance
Transfers Out
Closing Bdance
67,703
67.703
25,520
25,520
36,653
36,653
5,530
5.530
A￿uMUlated Depr￿lation
Opening Balance
Tr2nsfers Out
Closing Balance
55.413
55,413
20,463
20,463
29,420
29,420
5,530
5,530
11 Debtors
2024
2023
Other debtcfs
Prepayments
Accrued in¢￿￿e
2,577
8,822
9,711
5.562
6.262
21,110
11,824
24

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
12 Creditors: amounts falling dug within on& y&ar
2024
2023
Other credtlors
Accruals
Deferr￿ income
1,410
9,086
989
8.290
6.175
1.348
11,485
15,813
13 Movement in funds
For the year ended 31 December 2024
At 1 January
2024
Income and Expenditure
gains
and105ses
At 31 December
Transfers
2024
Endowment funds
Capital fund
268.950
268,950
Restrlcted funds
Building fund
HIA Hwse 1
HIA HcKJse 2
Access to W￿k fund
8,473
17,130
23,043
28.970
15,194)
121,6121
(13.1961
(28,9701
3,279
14,0671
16,886
415
17,539
110,5(K)I
17.954
77,616
68,972
10,500
16,098
Unrestricted funds
General fund
Missionary fund
Building fund
Fixed Assets
Support and Enrichment fund
145.785
47,3
314.705
1213,Wl
194,0941
153,332
47,350
85.000
309.724
3,670
85,0(X)
19,594
299.165
(9,0351
11201
3.7
492.300
318,495
222,219
10,5(K)
599.076
Total Funds
779.204
396,111
291,191
884,124
Endowment funds
Capital fund - This rdates to the Iwo church manses.
Restricted funds
Building fund - This has be￿ set up as the swrce of inccthe the re4evdq)menl of the Fishpcfflds Baptist Church buildings.
This will include changes to the buiWing such as a Itft. new heating systems. etc.
HIA House 1 (renamed from D Fund) - This fund has been establish￿ to SUPFXXt the setup and (￿goIng work of empowering
indmduals as they tranSrti<￿ fr(xn h(xndessness, provKling them wrth stable h(yJsing and a suptxxtive community in our first Hope
into Action house. The tenants are indivMYuJs ¥tho have overcume addICti￿]S and are now rebuilding their lives within the
CQ￿mUn[ty, suppC￿ted by stable hQ￿sing and meaningful [￿at￿ships.
25

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
13 Movement in fuNl$ {¢ontin4pd)
HIA House 2 (renam￿ from V Fund} - This fund has establish￿1 lo suppc*t the setup and (￿gOIng work cl empowering
indmduals as they transiti<￿ fr(Kn hI￿n￿eSSness. providing them wth stable h(MJsing and a SUPFXXtive community in our sec(nd
Hope into Action hwse. The Iwanis are indNiduas who have overcune ￿d￿l￿)n$ and are now rebuilding their lives within the
communtty, Support￿ by stable himjsing and meaningful relat￿ShipS. A transfer of £10,5(K) was mwje fr(xn this fund in lieu of rent
paid to the church, who cwn the buildinq.
cess to Work Fu￿1.. This fund was set up to supp(xt the rM)st of Ministerial Assistant, fijnd￿l by an Access lo Work Grant from
the Department W￿k and Pensi￿$ IDWP).
Missionary Fund - These funds represent amcunls lo hdp the church undertake Missi￿ary work. Investigations into the
source of these funds confirm that there was no restriclKm maje these funds by the d(￿(￿. and that the restriction was add￿j by
the dea¢onale. The funds w￿e [hwef￿e transferred lo a new designaled fund.
Designated funds
Missionary Fund - Investiga1K￿ into ihe ￿lgIna ¢Y￿ath￿ inlo this fund ¢(￿riMi￿ that the fvnds wwe gwen wilhwl restricth)n,
meaning the funds were incorr￿tty classtfi8J. The deaC¢￿S want&1 to reserve the funds for mission work, so the funds were
transferred lo a designated fund during the year to recffjnise this.
Fixed Assets- This fund represents the vdue of fix&1 &%sets, apart frL￿ the manses which are held in the endowment fund. Funds
representing the nel bcx)k vaue of the church's assets were transfu￿ into this fund durino the year.
Building Fund - This represents C(￿MitMent of free resetves 4ansl the cost of the re-deVdq)M￿I of the Fishwnds Baptist
Church buildings, alongside that ￿ the restrict￿ fund.
HIA Support and Enrichment Fund - This fund is Ihe suptmyt and ￿riChM￿t of the tenanls in the Hcye into Action houses. It
is funded through d￿at￿M$ lo the prqect and expendi(ure is man4ed through the Pr(y￿1 Lead and Steering Gr(￿p.
For the year ended 31 Decembgr 2023
Al 1 January
2023
Income and
gains
Expenditure
and losses
At 31 December
Transfers
2023
Endowment funds
Capital fund
268.950
268,950
Restricted funds
Building fund
Missionary fund
HIA Hwse 1
HoJse2
Access to Wryk fund
104.209
47.350
13011
13.966
12,TT6
1116,9851
147,3501
19,693
25,867
18.651
118,9771
(11,7941
118,6511
415
17.539
110,5001
165,224
76.987
49,422
174,835
17,954
Unrestricted fuNIs
General fund
Missionary fund
Fixed Assets
238.400
276.817
1190,0821 1179,3501
47,350
306,835
145.785
47,350
299,165
{7,670)
238.41)0
276,817
197,752
174,835
492,300
Total Funds
672.574
353.804
247,174
779,204
26

FISHPONDS BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
14 Anatysis of net assets between funds
Unrèstricted
Designated
General
Funds
Funds
Endowment
Funds
Restricted
Funds
Total
As at 31 December 2024
Tangible fix￿ assets
Other nel assets
268.950
309,724
136,020
578.674
305.450
16.098
153,332
268.950
16,098
445.744
153,332
884,124
Unrestricted
Designated
General
Funds
Funds
Endowme
Funds
Restricted
Funds
Total
As at 31 December 2023
Tangible f￿X￿ assets
Other nel assets
268.950
299,165
47,350
568.115
211.089
17,954
145,785
268,950
17,954
346,515
145,785
779,204
15 Related party transactions
There are no trans￿lK￿S With trustees ￿ (rther rdat&l parties dher than those disCk)S￿ as r￿Uired by the SORP elsewhere in the
financial Stat￿ents.
27