# Station Hill Baptist Church Annual Report and Accounts 

2023 

Registered Charity number 1132165 2-4 Station Hill, Chippenham SN15 1EG 



## Annual Report for the year to 31 January 2023 

The Trustees here present their report together with the accompanying independently examined financial statements of the charity for the year ended 31 January 2023. 

A) The Charity and its Governance 

Station Hill Baptist Church was formed in 1854 and has occupied the site ever since. As part of the process of becoming a charity in 2009, the Church  updated  its  governing  document  to  conform  to  a  standard approved governing document for Baptist Union of Great Britain churches. The  Charity  is governed with due regard to the  Charity Commission’s guidance on public benefit. The Church has started taking appropriate measures  to  becoming  a  Charitable  Incorporated  Organisation,  with decisions being taken with regard to Membership, Church Meetings and Trustees. 

## Objectives of the Church 

The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. Station Hill Baptist  Church  has  a  vision  to  be  the  visible  presence  of  Christ  in Chippenham and North Wiltshire, and together with other churches to be active in society to minister to the whole community. Our task is that, by all means possible, we will bring people into contact with Christ and His good  news,  to  enable  them  to  develop  a  personal  relationship  and friendship with God, to be filled with the Holy Spirit and active in sharing their faith with other people. 

## Trustees 

The Church Meeting appoints Charity Trustees from among the church members. These include the Elders and other officers by virtue of their roles within the church. The Church Meeting may appoint other Trustees from time to time by virtue of their qualifications for the role. The Charity Trustees who served during the year are: 

Peter Whitby Sarah Loveridge (until 28[th] September 2022) Todd Nightingale Wayne Lawther (until 31[st] January 2023) David Brown Vicky Hempstead (from 8[th] May 2022) David Wright (from 22[nd] January 2023) 



## The current Chair is to be decided. 

## Church Council and Officers 

The Church Council collectively takes the role of Managing Trustees. It consists of members, appointed by the Church Meeting, who meet bimonthly and comprises the officers listed below plus representatives of four different aspects of the life and work of the church, namely worship and  word,  mission  and  evangelism,  lifestyle and  discipleship,  and stewardship of our assets. The Church is governed and regulated by its own members through bi-monthly Church Meetings; this is the ultimate authority  for  decisions  under  God.  Changes  have  been  made  to  the definitions of the roles of Elders and the Church Council to free Elders to prioritise the spiritual direction of the church, with the Church Council considering more day to day decisions regarding running the church. 

The church officers who served during the year were: 

|The church ofcers who served during the year were:|The church ofcers who served during the year were:|
|---|---|
|Representing Worship & WordRachel Lambert (until 16thJanuary 2023)||
|Representing Worship & Word        Erika Farrell (from 16thJanuary 2023)||
|Representing Pastoral Care Paul Phillips||
|Representing House Groups Claire Brown (until 16thJanuary 2023)||
|Representing House Groups             Caroline Hiorns (from 16thJanuary||
|2023)||
|Representing Seniors|David Thompson|
|Elder|Rachel Lambert (throughout)|
|Elder|Peter Whitby|
|Elder|Sarah Loveridge (until 28thSeptember 2022)|
|Elder|David Brown|
|Elder|David Wright (from 22ndJanuary|
|2023)||
|Minister|Todd Nightingale|
|Community Minister|Wayne Lawther (until 31stJanuary 2023)|
|Treasurer|Vicky Hempstead (from 8thMay 2022)|
|Administrator|Steve Hardy|



Jenny Budgell ACME has been appointed as Independent Examiner of the Financial Statements. 

Safe to Grow Policy 



The Church is committed to the nurturing, protection and safeguarding of all,  especially  children,  young  people  and  adults  at  risk.  It  is  the responsibility  of  each  one  of  us  to  prevent  the  physical,  sexual  and emotional abuse of children and young people, and to report any abuse discovered or suspected. We recognise that our work with children and young people is the responsibility of the whole church. We undertake to exercise proper care in the selection and appointment of those working with children and young people, whether paid or volunteer. 

The church is committed to supporting, resourcing and training those who work with children and young people and to providing supervision. The church is committed to following the Home Office Code of Practice _Safe from Harm_ and adopts the principles published by the Baptist Union of Great Britain in its booklet _**Safe to Grow,**_ putting alongside these a policy of good practice for youth and children’s work. 

Each worker with children and young people must know the recommendations and undertake to observe them. Each is given a copy of the church’s agreed procedures and good practice guidelines and all are given safeguarding training. As part of our commitment to children and young  people,  the  church  has  appointed  Charmaine  Elkerton  as  the Designated  Person  for  Safeguarding,  James  Drewett  as  the  Deputy Designated  Person  for  Safeguarding,  Sarah  Loveridge  as  Safeguarding Trustee (until 28[th] September 2022), Peter Whitby as Safeguarding Trustee (from 29[th] September 2022), Natascha House as Secretary and Simona Baker  as  the  Safe  to  Grow  Administrator.  The  Designated  Person  for Safeguarding’s role is regularly explained to children and young people, and contact details are publicly displayed. 

## Baptist Affiliation 

The Church is part of the wider national body, the Baptist Union of Great Britain, and is also a member of the West of England Baptist Network (Webnet). The Church pays an annual subscription to the Baptist Union of Great Britain based upon its membership numbers. The Church also made donations to the Baptist Union Home Mission Fund and Baptist Missionary Society during the year. 

## Church Building Trustees 

The Church Building Trustees are the West of England Baptist Network (Webnet). 

============ 



## B) Church Review 2022/2023 

## Coronavirus Pandemic 

Government Covid restrictions were largely lifted on 19[th] July 2021 but the church continues to broadcast church services, Church Meetings and other events on Zoom, which helps people to stay connected who are unable to come to the church building itself. The church will respond appropriately to  any  future  Government  guidelines  and  legislation  regarding  Covid restrictions. 

Groups such as Toddlers and Prayer Café have continued unaffected since July 2021. 

## Ministry and leadership 

Todd  Nightingale  was  welcomed  as  Minister  on  6  April  2019  and  has continued in role through the year. 

Wayne Lawther continued to be our Community Minister. His role has focussed on outreach to our local community and families, from within and outside  the  church,  to  complement  Todd.  This  includes  very  active volunteer chaplaincy roles at a hostel for homeless people in Chippenham and the local Football Club. He continued to be instrumental in challenging the Church to be ‘multi-voiced’ in the local community. He started a three month sabbatical leave from 1[st] January 2023 and on 28[th] January advised the leadership that he had accepted a position as Minister at a Baptist Church in Leicestershire. [Subsequently he decided not to accept the offer from the Church in Leicestershire and left this Church's employment on 31st March.] 

This year the Elders have experienced a further time of transition. Sarah Loveridge stepped down as a Trustee and an Elder at the Church Meeting on 28[th] September 2022. During 2022 the Elders invited David Wright to join their discussions over a period of months while he and they prayed and sought the Lord about his possible appointment as an Elder. A proposal was brought before the Church Meeting on 22 January 2023, where Members voted overwhelmingly for his appointment. 

## Worship 

Our worship time is enabled and richly blessed with the musical gifts and talents of many members who lead, play, and sing, supported by those who quietly work to set up, and operate equipment. A multi-voiced style of Sunday morning worship has been encouraged to continue and develop further.  We  are  grateful  to  all  members  who  have  contributed  to  the 



worship, preaching and teaching ministry of the Church. Our monthly _BIG_ Family  Church  service  includes  games,  fun  and  food;  it  is  growing  in popularity and attracting families who do not feel comfortable at the more traditional style of church services. 

A 5[th] Sunday Fellowship was introduced in May 2022 whereby when a month has five Sundays the church is open for fellowship but there is no actual service, giving team members a rest and also allowing people an opportunity to fellowship with other local churches at their services or to share a meal, for example, with people from SHBC, giving them a longer time  together  than  the  few  minutes  a  usual  Sunday  morning  service allows them afterwards. 

A weekend Womens Retreat was held at Shipton-on-Stour in February. On 28  August  the  morning  service  was  held,  and  followed  by,  a  Church Barbecue in the grounds of St Barnabas Church in Beanacre, allowing fellowship with the St Barnabas congregation. This was followed by a Mens Breakfast there in January 2023. All these events were well attended and gave  opportunities  to  invite  people  to  church  events  without  them needing to come into a church to take part. 

## Prayer 

The  Church is committed to the importance of prayer as a means to discern the will of God. We hold prayer events as an opportunity for the church to meet for corporate themed prayer. We hold weeks of prayer and fasting to coincide with important periods within the church calendar. The Prayer Café celebrated its 10[th] anniversary in June and continues to be an important established part of our outreach ministry to the Chippenham community, open every Saturday and well attended by people in the local community, many coming along on a regular basis for social contact and prayer. 

PrayerNet enables and encourages individual prayer for the specific needs of our fellowship and those known to them at all times. 

A day of Fasting and Prayer was held in October, focussing on situations at SHBC, in Chippenham, in our country and around the world. 

Bible  reading  and  Prayer  sessions  continue  on  Zoom  two  mornings  a week. A monthly evening prayer meeting is also held, focussing principally on the Russia/Ukraine situation but covering other countries too. 

We were privileged to hold two Baptism services and two weddings at the church during the year, especially as two of those getting married had 



grown up attending SHBC, as had one Baptism candidate, while the other candidates have been attending activities run by the church. 

Two people  were admitted and welcomed into Membership, while two others who were admitted during the Covid lockdown were also able to be finally welcomed properly into Membership. 

## Pastoral care, teaching and discipleship 

House  Groups  are  a  first line  for  pastoral care  and teaching in small groups – the studies normally follow the theme of related sermons on preceding Sunday mornings. The church aims to include as many people as  possible,  providing  groups  that  meet  at  different  times  and  days throughout the week. One House Group even meets in a local Christian Care  Home  now,  and  has  been joined by  some  of the  residents. Our pastoral care team also offer support to those unwell or with needs at home or in hospital. 

The Church recognises the importance of discipleship and development at all stages of people’s faith journey and this is often best done in small groups. Separate social groups for men and women in the church continue in person and  online through WhatsApp, with many bringing non-SHBC friends into the groups too. Further similar WhatsApp groups are proving very  useful  too,  both  for  issuing  information  quickly  and  encouraging friendships and conversations to continue outside of their actual sessions, for people outside of the church, such as the Toddlers parents. 

## Mission, evangelism and community service 

Mission, both overseas and within our local community, is core to living out our faith – we support families working in mission organisations in Canada and in France as well as keeping close contact with interests in Senegal. Our local community work’s emphasis is on outward and visible community witness. Part of our service to the local community is the provision of food parcels to those in need, from donations provided by the congregation; we continued to see a growing need for this in the last year as many families are living in hardship. 

Many  of  our  members  serve  and  witness  individually  to  the  wider community;  this  includes  those  supporting  the  homeless.  Once  again many shoeboxes full of useful personal items and gifts were made up by members and distributed to homeless people staying at Unity House. New toys were donated for the Salvation Army’s annual appeal too. We are also 



members of the Chippenham Churches Together group and encourage our members to support and be involved in the wider church of Chippenham. 

## Children and young people 

God has blessed us with a group of children and young people. Teaching, while giving them lifestyle examples of how to grow and to live in faith, is a dynamic work. We teach them in Church and in the “Eden Academy” format  on  Sundays;  we  are  grateful  that the  redevelopment  of  our buildings has provided the suitable accommodation we need for all our work to continue under our own roof. A crèche is also provided during our Sunday morning services and a gazebo at the back of the church allows parents the option of staying in the service with their youngsters. 

All  age  worship  has  been  a  growing  aspect  of  our  Sunday  services, sometimes led by the young people themselves. We look to run clubs and activities during term time where we can that young people from within the church and from the wider community attend. We also participate in a Sunday evening programme run jointly with other local churches, notably St  Paul’s  Church,  for  young  people  from  all  the  secondary  schools  in Chippenham. Happily, ‘Open the Book’ sessions in local schools, which Charmaine Elkerton coordinates, have been able to recommence postCovid, and are as popular as ever. We give special thanks to the many members of our fellowship who serve our children and young people. 

In  the  absence  of  a  Children  and/or  Youth  Leader,  Todd  and  Wayne continued to lead children and youth work in the church, jointly leading the 0-11 year olds, with Wayne continuing with the 11-18 year olds, both ably supported by others in the church. This is a key focus as we want to encourage our young people to commit their lives to God and then grow and  develop  in  their  faith. Sadly  there  has  been  no  progress  with appointing a Children and Families Leader and with their other duties to consider  Todd  and  Wayne  reluctantly  felt  that  Eden  groups  couldn’t continue in September. Happily they were able to restart on 23 rd October after two church members came forward to lead it. 

In October a local school invited us to host a Prayer Spaces in Schools event. The original date in December which the school put forward had to be postponed but is rescheduled for March 2023 and members from the church are very active in preparing for this. 

## Seniors 

Work  amongst  the  ‘seniors’  in  our  community  continues  to  meet  an important and growing need with Sunday Afternoon Fellowship (SAF) being 



well attended. This ministry seeks to serve people in practical, emotional, social and spiritual ways as they lose friends and loved ones, become less mobile and risk greater isolation. The popular SAF Summer Garden Party was able to resume in 2022 with the lifting of Covid restrictions. Sadly, after running it for 28 years the Lunchtime Fellowship team felt led to retire  after  the  Lunch  in  December  2021.  It  continued  while  a  new leadership team was sought, but with none forthcoming it closed after the March 2022 Lunch. 

Julian and Natascha House had no opportunity to continue co-ordinating and leading services regularly at Seymour House, a local residential home, during the Covid pandemic, and with them both having taken on further roles during that time, they decided to stand down from their Seymour House roles. With no-one else free to replace them, the church informed Seymour House during this year that sadly it would no longer be able to coordinate and lead services there. 

## Community organisations 

In addition to all our Church activities, our facilities continue to be used by wider community organisations including a counselling support group for young people. 

The church has run two very popular Toddler Groups, each with a waiting list for new joiners, and the majority of people attending all of these groups are not church attendees. It is core to our purpose that we should place our buildings and ourselves in service of the needs around us and this ability has been enhanced by the modernisation work. During the year another Toddler Group was started, so there are three each week during school terms. We continue to look to attract usage by more such community groups where we have the capacity to. 

In January we opened the church on Thursday afternoons and again during Prayer Café on Saturday mornings as a “Warm Space”, in conjunction with other churches and organisations, so that across Chippenham places were available every day for people to go along to for company and to save on their domestic heating costs. 

The church is also actively engaged with the Christians Against Poverty group run by Trinity Church in Chippenham, with CAP training courses, team meetings and confidential counselling sessions being held at the church. 

Our Building 



The  redevelopment  of  the  church  building  completed  in  March  2019 continues to pay dividends in terms of the extra use made of it by us and outside groups. 

Work progresses with installing audio and video links in the Lounge so that people there can still join in with services in the main hall, for example. Zoom coverage of services has been enhanced as we have two camera positions in the hall. 

The notice board outside the church is enlarged and is being developed to advertise services and activities more clearly. 

## Thanks 

We particularly wish to note the hard work of many people, the many hours of service freely and willingly given, all the offerings brought to God for the work of his Kingdom, and the time people have given to prayer and working with others. Thank you. We are grateful to God. 

============ 

C) Church Financial Report 

## Financial Summary 

Our  accounts for  2022/2023  show that the church remains  in a good financial position. We are grateful to many members who give generously to the work of the church during the period which has allowed us to carryon the activities noted above. 

Whilst the accounts show a profit for the financial year, after factoring in loan repayments we have, however experienced a cash deficit in the year and we need to be mindful of the need to pay off the loans that we entered into to complete the church building work. Changes in staffing levels in the 2023/24 financial year mean that we expect to have a surplus on a cash basis in future years. 

## Principal Funding Sources 

The main source of funding for the Church Revenue Account is offerings given by members of the congregation. 


## Reserves Policy 

The Church has adopted a formal reserving policy in line with Charity Commission guidance. 



**General reserve:** Liquid funds will be held to ensure that the committed running costs of the church (salary and manse costs plus essential church utility and insurance payments and loan repayments) could be met for 3 months in the unforeseen event of the need to wind up the charity. This would enable the Trustees to take appropriate action to stem the costs by giving notice to employees of the church and/or to liquidate other assets to meet liabilities. 

**Restricted  funds** : We  will  continue  the  practice  of holding  funds for mission work in restricted funds set apart from our general funds. The restricted mission funds include our mission tenth (10% of our general giving  that is  set aside  for mission work  including  training  people  for mission), donations collected for missionaries that the church regularly supports, and our Fellowship Fund to meet the needs of those in our Church fellowship. 




STATION HILL BAPTIST CHURCH (Registered Charity 11321651
Annual Report and Accounts for the year ending 31 January 2023.
Station Hill Baptist Church
Independent Examiner's Report
for the year ending 31 January 2023
Resperti%r responsibilltles ot
trusr¥e5 and examiner
The trusteÈs are responsible for the preparation of the èctounts. The charity's trustees
COn￿￿erthat an avditis not required forthis year undersection 144 of theCharitlesAct 2011
(the Ch3rities Act) and th3t an independent exirnination is needed. The chaTity'5 gross
nctsme exceeded £250.OCQ ènd l am qulified io undertake the eNamln3tion by being
qualified member of CIMA.
It Is tny respon5ibillty tts..
examine the accounts under 5ecbon 145 of the thar4tie5 Att.
to follow the procèdures laid down in the general D1￿ctIons given by the Charity
Commission (under section 14515llbll of the CharitiEs A£t, and
to stste whether particular matters have wme to my attention
B0515 of Independent
examiner'sstat2mem
My ÈxaminatlDn was carried out in accordance with general Directions given by the Charitv
Commi55ion. An examSnation Include5 a re￿QW of the accounting records kept bythe chBrity
ènd a compari50n of the 3£counts presented with th05e rectsrd5.
consideration of any unusual items or disc105ures in the a¢countS, and seeking explanations
from the trustees conteming any such m3ttÈrs. The procedures undert8kÈn do noi prawde
all the evidence that would be requifed an audit, and Eonsequently no opinion Isgiven ès
to whether the accounts pre5tnt a 'true and falr, vlew and the report Is Ilmited to those
matters sÈt out in the statement below.
Independent examlner's
statement
In conne£tion with my examination, no maierial rnatters have come to my attention whlch
8ives me cause to believe that in, any materfèl respect..
actountinÉ records were not kept in ac￿￿nCe with sertion 386 of the CompRnies A
2006,. or
• the acrounts do not accord with such records,. or
the a¢counts do not comply with relevant accounting requirements under section 396 of
the CompanSes Art 2006 otherthan any reouifement that the ètcounts give a'true and fair,
view which Is not a matter ronsidered a5 part of an lftdependent Èxamination- or
•the accounts have ntst been prepared in actordhnce wlth the Charitles SORP IFP51021.
I havÈ tome acr05S no other matters in connection wth the examination ie which attention
should be drawn In thls report in order to enable a proper und2r5tandln8 of the attounts to
be reached.
.Sl8ned..
Jenny Budgell, AC
Dated.. 28 September 2023

Statement of Rnandal Acttvltles as at 3110112023
MIs￿On
Unrestricted
Funds
Funds Irestrfctedl
Note
2023
2022
Incomlng Resources
Donations and legacies
Gift aid
Charitable activities
Rental incomelother
Total
Expenditure on:
Charltable activities
Refurbishment
Totsl
Transfer
Net Incomellexpenditure}
131,871
28,348
44.464 176,335
5.429
33,777
184,655
32,985
61
217,701
160,219
49,893 210,112
140.256
55.019
195,275
211,496
140,256
15,5041
14,459
55.019 195.675
5,504
378
211,496
14,837
6,205
Recon¢lllation of funds:
Total funds brou8ht forward
Total funds carried forward
289,634
304,093
9.450
299.084
9,828 313,921
292,879
299,084
Balance Sheet as at 3110112023
Note
20Z3
2022
Fijted a5set5
Tangible 355ets
Total fixed a55ets
393.228
393.228
392,873
392,873
Current assets
Debtors & Prepayments
Cash at bank and in hand
Total Current a5setS
9,732
51.201
60.933
8,941
61,081
70.022
Llabllltles
Creditors.. Amounts fallin8 due within one
vear
Net assets le55 current Ilabllltles
Creditors.. Amounts falllng due in greater
than one year
Total net a55ets
{23,4911 123,8111
430.671
439,084
1116,7501 1140.(￿)
313.921
299,084
The funds of the charfty:
Unrestricted funds
riestricted funds
Total Charfty funds
304,093
9,828
313.921
289,634
9,450
299,084
Signed by one or more trLtstees:
Name: (
Date
2o¢L

## **Note 1:  Basis of preparation** 

_Basis of accounting_ 

These accounts have been prepared on the basis of historic cost in accordance with: 

- Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2015) 

- and with Section 1A “Small Entities” of Financial Reporting Standard 102 (FRS 102) 

- and with the Charities Act. 

## **Note 2: Accounting policies** 

## _Recognition of incoming resources_ 

These are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources and when the trustees are virtually certain they will receive the resources and when the monetary value can be measured with sufficient reliability. 

## _Grants and donations (including gift aid)_ 

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. 

## _Donated services and facilities_ 

These would only be included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. 

## _Volunteer help_ 

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. 

## _Liability recognition_ 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. 

## _Tangible fixed assets for use by charity_ 

These are capitalised if they can be used for more than one year, and cost at least £500.  They are valued at cost or a reasonable value on receipt. 



## **Note 3: Expenditure on charitable activity (Church Revenue Fund)** 

|Administration expenses<br>Equipment<br>Fabric<br>Hall hire<br>Insurance<br>Manse<br>Staf costs<br>Sundries<br>Training<br>Visiting speakers<br>Youth work<br>**ote 3b: Staf costs**<br>Salary<br>Social security<br>Pensions – defned beneft<br>Pensions – defned contribution|**2023**<br>2022<br>**£**<br>£<br>**3,984**<br>12,610<br>**3,648**<br>3,554<br>**9,327**<br>24,349<br>**-**<br>-<br>**2,244**<br>2,147<br>**4,042**<br>3,603<br>**103,948**<br>97,928<br>**11,461**<br>7,703<br>**-**<br>421<br>**275**<br>675<br>**1,326**<br>508|
|---|---|
||**140,256**<br>153,498|
||**2023**<br>2022<br>**£**<br>£<br>**70,320**<br>66,008<br>**19,300**<br>17,982<br>**2,610**<br>3,700<br>**11,718**<br>10,238|
||**103,948**<br>97,928|



## **Note 3b: Staff costs** 

Defined benefit pension payments relate to pension deficit payments on the Baptist Pension Scheme (“the scheme”). These costs relate to three past ministers who are retired pensioners and two past ministers who have dependent pensioners in the scheme. These payments ceased during the year following the implementation of a Buy In with Just on the scheme resulting in there being no debt shortfall on the Scheme. 

## **Note 4: Details of certain items of expenditure** 

## _Trustee expenses_ 

||**2023**|2022|
|---|---|---|
|Number of trustees who were paid expenses|**None**|None|
|Nature of the expenses|||
|Total amount paid|**£nil**|£nil|



None of the trustees have been paid any remuneration or received any other benefits from Station Hill Baptist Church. 

## _Fee for examination of the accounts_ 

||**2023**|2022|
|---|---|---|
|Independent examiner’s fees|**£nil**|£nil|





## **Note 5: Movement in funds** 

|**Church Revenue fund**<br>**Mission Funds (restricted)**<br>ARM<br>Becky fund<br>Collected funds<br>Fellowship fund<br>Provis Fund<br>Mission tenth<br>**Total**|Balance<br>Incoming<br>Resources<br>Transfers<br>**Balance**<br>31 January<br>Resources<br>Expended<br>in/(out)<br>**31 January**<br>2022<br>**2023**<br>£<br>£<br>£<br>£<br>**£**<br> <br>289,634<br>160,219<br>(140,256)<br>(5,504)<br>**304,093**<br>926<br>9,064<br>(9,075)<br>-<br>**915**<br>403<br>2,226<br>(2,629)<br>-<br>**-**<br>2,475<br>9,119<br>(7,465)<br>863<br>**4,992**<br>4,193<br>2,428<br>(2,700)<br>-<br>**3,921**<br>-<br>10,320<br>(11,440)<br>1,120<br>**-**<br>1,453<br>16,736<br>(21,710)<br>3,521<br>**-**|
|---|---|
||9,450<br>49,893<br>(55,019)<br>5,504<br>**9,828**|
||299,084<br>210,112<br>(195,275)<br>-<br>**313,921**|



## **Note 6: Fixed Assets** 

|**Cost**<br>At 1 February<br>Additions<br>Disposals<br>At 31 January<br>**Depreciation**<br>At 1 February<br>Depreciation<br>Disposals<br>At 31 January<br>Opening net book value as at 1 February<br>Closing net book value as at 31 January|**2023**<br>2022<br>**Property Equipment**<br>Property<br>Equipment<br>**£**<br>**£**<br>£<br>£<br>**390,000**<br>**6,836**<br>390,000<br>4,377<br>**3,171**<br>2,459<br>**-**<br>-|
|---|---|
||**390,000**<br>**10,007**<br>390,000<br>6,836<br>**-**<br>**3,963**<br>-<br>1,889<br>**-**<br>**2,816**<br>-<br>2,074<br>**-**<br>**-**<br>-<br>-|
||**-**<br>**6,779**<br>-<br>3,963<br>**390,000**<br>**2,873**<br>390,000<br>2,488<br>**390,000**<br>**3,228**<br>390,000<br>2,873|



Equipment is depreciated over 3 years on a straight-line basis. 

SHBC additionally owns the Baptist Church on Station Hill. This is not recognised on the balance sheet as there is no reliable valuation for the building available. 

## **Note 7: Debtors and prepayments** 

The debtors and prepayments balance of £9,732 (2022: £8,941) includes £8,190 (2022: £7,606) relating to gift-aid receivable from HMRC. This is expected to be received within one year. 



## **Note 8: Loans** 

During the year ended 31 January 2023, SHBC paid £3,000 (2022: £9,000) of the outstanding congregational loans leaving a balance of £38,000 outstanding (2022: £41,000). This is a long term loan which has no fixed date for settlement. 

During the year, SHBC paid £20,250 (2022: £36,000) off the £180,000 10 year interest free loan leaving a balance of £96,750 outstanding (2022: £117,000). £18,000 of loan repayments are due to be paid within the next 12 months. 

## **Note 9: Related party transactions** 

There has been no related party transactions during 2023 (2022: none).