# **WEST BRIDGFORD BAPTIST CHURCH ANNUAL ACCOUNTS FOR THE YEAR TO 31 JULY 2025** ## **WEST BRIDGFORD BAPTIST CHURCH** ## **LEGAL INFORMATION** The Church is a registered charity, number 1131807. ## **CHURCH ADDRESS** West Bridgford Baptist Church Melton Road West Bridgford Nottingham NG2 7NF ## **TRUSTEES** Sarah Barton Stephen McKibbin Paul Odeniran (to July 2025) Ann Thomas Martin Thomas Philip Willis Sally Willis Ni Yang (to September 2024) ## **BANKERS** CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ TSB Bank plc Henry Duncan House 120 George Street Edinburgh EH2 4LH ## **INDEPENDENT EXAMINER** Alison Thomas Page 2 of 11 ## **WEST BRIDGFORD BAPTIST CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITES YEAR ENDED 31 JULY 2025** |**Incoming resources**
Voluntary income
2
Investment income
3
Incoming resources from charitable activities
4
Other incoming resources
**Total incoming resources**
**Resources expended**
Costs of generating funds
Charitable activities
5
Governance costs
Other resources expended
**Total resources expended**
6
**Net incoming resources before transfers**
Gross transfers between funds
**Net incoming resources before revaluations**
**and investment asset disposal**
Gains & losses on revaluations of the charity’s
fixed assets
Gains & losses on investment asset revaluations &
disposals
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**
**Note**|**Unrestricted**
**Designated**
**Restricted**
**Endowment**
**Total 2024/25**
**Total 2023/24**
**£**
**£**
**£**
**£**
**£**
**£**
67,639
-
3,779
-
71,418
74,169
167
-
2
-
169
378
31,640
2,140
-
-
33,780
31,879
-
-
-
-
-
-| |---|---| ||**99,445**
**2,140**
**3,782**
**-**
**105,367**
**106,427**| ||-
-
-
-
-
-
95,323
2,195
5,441
-
102,958
107,689
-
-
-
-
-
-
-
-
-
-
-
-| ||**95,323**
**2,195**
**5,441**
**-**
**102,958**
**107,689**| ||| ||**4,122**
**(55)**
**(1,659)**
**-**
**2,409**
**(1,262)**| ||(7,315)
570
587
6,158
-
-| ||**(3,193)**
**515**
**(1,072)**
**6,158**
**2,409**
**(1,262)**| ||-
-
-
-
-
-
-
-
-
-
-
-| ||**(3,193)**
**515**
**(1,072)**
**6,158**
**2,409**
**(1,262)**| ||| ||**7,131**
**26,866**
**7,122**
**4,917,546**
**4,958,666**
**4,959,928**| ||| ||**3,938**
**27,382**
**6,050**
**4,923,704**
**4,961,074**
**4,958,666**| Page 3 of 11 ## **WEST BRIDGFORD BAPTIST CHURCH** ## **BALANCE SHEET 31 JULY 2025** |**Note**
10
Stocks
Debtors
11
Investments
Bank and cash
12
Creditors: amounts falling due within one year
13
14
Endowment
15
Restricted
16
Designated
17
Unrestricted
18
Creditors: amounts falling due after more than one year
Tangible fixed assets
Investments
Current assets
Current liabilities
Net current assets
Net assets
Charitable funds
Total charitable funds|**£**
**£**
**£**
**£**
4,981,723
4,982,176
-
-
-
-
12,670
15,732
-
-
9,277
17,927
21,947
33,659
8,558
16,203
13,388
17,455
34,037
40,966
4,961,074
4,958,666
4,923,704
4,917,546
6,050
7,122
27,382
26,866
3,938
7,131
4,961,074
4,958,666
**2023/24**
**2024/25**|**£**
**£**
**£**
**£**
4,981,723
4,982,176
-
-
-
-
12,670
15,732
-
-
9,277
17,927
21,947
33,659
8,558
16,203
13,388
17,455
34,037
40,966
4,961,074
4,958,666
4,923,704
4,917,546
6,050
7,122
27,382
26,866
3,938
7,131
4,961,074
4,958,666
**2023/24**
**2024/25**| |---|---|---| |||| |||4,958,666| |||4,917,546
7,122
26,866
7,131| |||4,958,666| The notes on pages 5 to 10 form an integral part of these accounts. These accounts were approved by the Trustees on 11 September 2025 and signed on their behalf by: Martin Thomas, Treasurer ## Martin Thomas Philip Willis, Secretary PS Willis Page 4 of 11 **WEST BRIDGFORD BAPTIST CHURCH** ## **NOTES TO THE ACCOUNTS YEAR ENDED 31 JULY 2025** ## **1 ACCOUNTING POLICIES** ## **a Basis of preparation** The accounts are prepared in accordance with the Accounting Regulations set out under the Charities Act 1993, and with the Charities Statement of Recommended Practice 2005. ## **b Donations** Donations are accounted for gross when received. ## **c Legacies** Legacies are accounted for when their receipt is certain and can be properly quantified. ## **d Investment Income** Investment income is included in the accounts in the year in which it is receivable. ## **e Fund raising and publicity costs** The Church does not make formal appeals for funds, and 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. ## **g Governance costs** This represents direct expenditure on the governance of the church. 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 the volunteers for their service. ## **h Fixed assets** The church premises are included in the balance sheet at insurance value because reliable cost information is not available, and valuation would incur significant costs which would be onerous compared with the additional benefit gained by the user of the accounts. The manse premises are stated at cost. Furniture and equipment in the church premises is included at cost or net realisable value. ## **i Depreciation** Depreciation has not been charged on the 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. Depreciation on other fixed assets is calculated to write of the cost on a straight-line basis over their expected useful life, as follows: Furniture and fittings: 10 years Computers and equipment: 3 years Solar generation system: 24 years ## **j Investment assets** Quoted investments are stated at market value. All other investment assets are shown at cost. Page 5 of 11 ## **2 Voluntary Income** |**2 Voluntary Income**|||||| |---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|2024/25|2023/24| |Offerings|53,818|-|3,399|57,217|57,543| |Tax refunds|13,821|-|380|14,201|11,521| |Grants received|-|-|-|-|-| |Legacies|-|-|-|-|5,105| |**Totals**|67,639|-|3,779|71,418|74,169| |**3 Investment Income**|||||| ||Unrestricted|Designated|Restricted|2024/25|2023/24| |Bank interest|167|-|2|169|378| |Income from other investments|-|-|-|-|-| |**Totals**|167|-|2|169|378| |**4 Incoming resources from charitable**|**activities**||||| ||Unrestricted|Designated|Restricted|2024/25|2023/24| |Room hire|31,571|-|-|31,571|29,403| |Manse rent|-|-|-|-|-| |Fund-raising events|-|-|-|-|-| |Other|69|2,140|-|2,209|2,476| |**Totals**|31,640|2,140|-|33,780|31,879| |**5 Charitable activities**|||||| ||Unrestricted|Designated|Restricted|2024/25|2023/24| |Ministry|39,875|742|-|40,616|41,712| |Mission|8,968|-|5,441|14,408|11,329| |Establishment|46,481|1,453|-|47,934|54,647| |**Totals**|95,323|2,195|5,441|102,958|107,689| |**6 Total resources expended**|||||| ||Charitable
activities|Grant
funding|Support
costs|2024/25|2023/24| |Ministry|36,234|-|4,383|40,616|41,712| |Mission|-|12,854|1,555|14,408|11,329| |Establishment|42,761|-|5,172|47,934|54,647| |Cost of generating funds|-|-|-|-|-| |Governance costs|-|-|-|-|-| |**Totals**|78,995|12,854|11,110|102,958|107,689| |**7 Grants payable**|||||| ||Unrestricted|Designated|Restricted|2024/25|2023/24| |BMS World Mission|1,800|-|714|2,514|1,953| |EMBA Home Mission|2,400|-|-|2,400|2,400| |Tim & Heather Worrall|-|-|1,350|1,350|1,350| |Friary Drop-in|1,200|-|593|1,793|1,186| |Tek Ura|1,500|-|1,918|3,418|1,974| |Christians Against Poverty|1,000|-|-|1,000|1,000| |Welcome Churches|100|-|30|130|289| |Christian Aid|-|-|248|248|50| |Tear Fund|-|-|-|-|60| |**Totals**|8,000|-|4,853|12,854|10,262| Page 6 of 11 ## **8 Support costs** |**Totals**
**9 Staff costs and Trustees expenses**
Salaries
Pension costs
Other costs
**Totals**
Administrative staff
Other administrative costs
Social security costs
The average number of full-time employees during|Unrestricted
Designated
Restricted
2024/25
2023/24
9,302
-
-
9,302
8,622
1,808
-
-
1,808
1,525|Unrestricted
Designated
Restricted
2024/25
2023/24
9,302
-
-
9,302
8,622
1,808
-
-
1,808
1,525| |---|---|---| ||11,110
-
-|11,110
10,147| ||the year was|2024/25
2023/24
38,471
36,347
-
-
3,689
3,526
3,795
3,627| |||45,954
43,500| |||| |||1.4
1.4| No employee received emoluments in excess of £60,000 during the year (2023/24: none). No sums were reimbursed to the Trustees for their work as Trustees (2023/24: none). The Church pays pension contributions for its Ministers to the Baptist Pension Scheme. The scheme is a multi-employer scheme and it is not possible to identify the assets and liabilities of the scheme which are attributable to the church. In accordance with FRS17 therefore, the scheme is accounted for entirely as a defined contribution scheme. See note 19 for further details. ## **10 Tangible Fixed Assets** |Depreciation
Net Book Value
All of the fixed assets are used for direct charitable
Cost|31 July 2024
Additions
Disposals
31 July 2025
31 July 2024
Charge for year
On disposals
31 July 2025|Church
Premises
Manse
Furniture &
equipment
Total
4,727,670
237,000
20,417
4,985,087
-
-
843
843
-
-
-
-| |---|---|---| |||4,727,670
237,000
21,260
4,985,930| |||-
-
2,911
2,911
-
-
1,296
1,296
-
-
-
-| |||-
-
4,207
4,207| |||| ||31 July 2024
31 July 2025
purposes.|4,727,670
237,000
17,506
4,982,176| |||| |||4,727,670
237,000
17,053
4,981,723| |||| ## **11 Debtors** |**11 Debtors**|| |---|---| |**Totals**
Accrued income
Prepayments and other debtors|2024/25
2023/24
3,530
6,827
9,140
8,905| ||12,670
15,732| Page 7 of 11 ## **12 Bank and cash balances** |||||||2024/25|2023/24| |---|---|---|---|---|---|---|---| |CAF Bank||||||5,171|2,602| |TSB||||||4,051|15,268| |Cash||||||55|57| |**Totals**||||||9,277|17,927| |**13 Creditors: amounts falling due within one year**|||||||| |||||||2024/25|2023/24| |Baptist Union Corporation (manse loan, amounts due by 31 July 2026)||||||6,929|6,158| |Other creditors||||||1,629|10,045| |**Totals**||||||8,558|16,203| |**14 Creditors: amounts falling due after more than one year**|||||||| |||||||2024/25|2023/24| |Baptist Union Corporation (manse loan, due over the period to June 2031)||||||34,037|40,966| |**Totals**||||||34,037|40,966| |**15 Endowment Funds**|||||||| ||31 July 2024|Incoming
resources|Resources
expended||Gains and
losses|Transfers|31 July 2025| |Name of fund|||||||| |Building Capital|4,727,670|-||-|-|-|4,727,670| |Manse Capital|189,876|-||-|-|6,158|196,034| |**Totals**|4,917,546|-||-|-|6,158|4,923,704| The Building Capital fund represents the funds originally applied to the building of the church. The Manse Capital fund represents the funds applied to the purchase of the manse. |Building Capital
Manse Capital
**Totals**
Name of fund|Fixed Asset
Investment
Current Asset
Total
4,727,670
-
-
4,727,670
196,034
-
-
196,034| |---|---| ||4,923,704
-
-
4,923,704| Page 8 of 11 ## **16 Restricted Funds** |**16 Restricted Funds**|| |---|---| |Mission
Specific Gifts
Energy efficiency
**Totals**
Name of fund|31 July 2024
Incoming
resources
Resources
expended
Gains and
losses
Transfers 31 July 2025
113
1,352
1,350
-
-
115
1,074
2,429
3,503
-
-
-
5,935
-
-
-
5,935| ||7,122
3,782
4,853
-
-
6,050| The Mission fund represents sums held for the support of Tim and Heather Worrall. The Specific Gifts fund represents sums given for other specific purposes, including sums given specifically for BMS World Mission. The Energy efficiency fund represents sums given for work to improve the energy efficiency of the church building. |Mission
Specific Gifts
Energy efficiency
**Totals**
Name of fund|Fixed Asset
Investment
Current Asset
Total
-
-
115
115
-
-
-
-
-
-
5,935
5,935| |---|---| ||-
-
6,050
6,050| ## **17 Designated Funds** |**17 Designated Funds**|| |---|---| |Depreciation
Building Maintenance
Manse Maintenance
Young People's Work
**Totals**
Name of fund|31 July 2024
Incoming
resources
Resources
expended
Gains and
losses
Transfers 31 July 2025
17,506
-
1,296
-
843
17,053
5,107
-
-
-
1,490
6,597
1,014
-
-
-
-
1,014
3,239
2,140
662
-
(2,000)
2,718| ||26,866
2,140
1,958
-
333
27,382| The Depreciation fund represents the sums reserved for future depreciation of furniture and equipment, and corresponds to their residual value. The Building Maintenance fund represents the sums reserved for repairs to the church building, and is intended to smooth out the annual cost of large, occasional items such as work on the spire or the roof. The Manse Maintenance fund represents the sums reserved for repairs to the manse, and is intended to smooth out the annual cost of large, occasional items such as replacement of the external woodwork. The Young People's Work fund represents the sums generated by these activities, set aside to be used for their continuing operation. |Depreciation
Building Maintenance
Manse Maintenance
Young People's Work
**Totals**
Name of fund|Fixed Asset
Investment
Current Asset
Total
17,053
-
-
17,053
-
-
6,597
6,597
-
-
1,014
1,014
-
-
2,718
2,718| |---|---| ||17,053
-
10,329
27,382| ## **18 Analysis of net assets** |**18 Analysis of net assets**|| |---|---| |**Totals**
Unrestricted funds
Endowment funds
Restricted funds
Designated funds|Fixed Asset
Investment
Current Asset
Total
4,923,704
-
-
4,923,704
-
-
6,050
6,050
17,053
-
10,329
27,382
-
-
3,938
3,938| ||4,940,757
-
20,317
4,961,074| Page 9 of 11 ## **19 Pensions** The Church is a participating employer in the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The Scheme, previously known as the Baptist Ministers Pension Fund, started in 1925. At the beginning of the financial year, the scheme comprised a defined benefits scheme which was closed to future accrual on 31 December 2011 and a defined contribution plan which was opened in January 2012. The assets of the Scheme are held separately from those of the Employer and the other participating employers. For the current financial year, the pension provision for members of the Scheme is being made through the Defined Contribution (DC) Plan. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Broadstone Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members if they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva Limited. Furthermore, members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%. In October 2024, the insurance company Just Group completed a buy out of the liabilities of the closed defined benefit scheme. From that date any remaining liability of the participating scheme members to defined benefit scheme ceased and the £1 per month deficit contributions payable by the participating employers which were agreed in the recovery plan approved in August 2022 also ceased from that date. Administration of the closed defined benefit scheme transferred from the pension trustees to Just Group from that date. The Minister is eligible to join the Scheme. ## **20 Related Charities** The custodian Trustee of the church is the East Midland Baptist Trust Company Limited which is charity number 250068. The church is also a member of the Baptist Union of Great Britain and of the East Midlands Baptist Association. The church is in receipt of a loan from the Baptist Union Corporation, which is charity number 249635, as set out in notes 13 and 14. The church made a donation to the Baptist Union Home Mission Scheme as set out in note 7. Page 10 of 11 ## **Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the**
**year ended**
**Set out on pages**
**Basis of independent**
**examiner’s statement**
**Respective**
**responsibilities of**
**trustees and examiner**
**Independent**
**examiner's statement**|**West Bridgford Baptist Church**|**West Bridgford Baptist Church**|**West Bridgford Baptist Church**| |---|---|---|---| ||||| ||**31 July 2025**|**Charity no (if any)**|1131807| ||||| ||**1 to 10**||| ||• to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the 1993 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
(1) which gives me reasonable cause to believe that in, any material respect, the requirements:
• to keep accounting records in accordance with section 41 of the 1993 Act; and
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees
consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the
1993 Act) and that an independent examination is needed.
It is my responsibility to:
• examine the accounts under section 43 of the 1993 Act;
• follow the procedures laid down in the general Directions given by the Charity Commission (under
section 43(7)(b) of the 1993 Act; and
• state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’
view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention:||| |**Signed:**
**Name:**
**Relevant professional**
**qualification or body:**
**Address:**|A K Thomas|8.11.2025| |---|---|---| |||| ||Alison Thomas|| |||| ||N/A|| |||| ||79 Thackeray’s Lane, Woodthorpe, Nottingham, NG5 4JA|| Page 11 of 11