Station Hill
Baptist Church
Annual Report
and Accounts
2024
Registered Charity number 1132165
24 Station Hill, Chippenham SN15 IEG

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
Annual Report for the year to 31 January 2024
The Trustees here present their report together with the accompanying independently examined
financial statements of the charity for the year ended 31 January 2024.
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
now completed taking appropriate measures and has become a Charitable Incorporated
Organisation following a vote by Members at a Special Church Meeting on 26th November 2023, with
decisions being taken with regard to Membership, Church Meetings and Trustees being adopted.
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 off icers by virtue of their roles within the church. The Church Meeting may appoint
other Trustees from time to tlme by virtue of thelr qualifications for the role. The Charity Trustees
who served during the year are:
Peter Whitby
Todd Nightingale
David Brown
Vicky Hempstead
David Wright
The current Chair is to be decided.

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
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 bi-monthly and comprises the officers listed below
plus representatives of various aspects of the life and work of the church, including 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:
Representing Worship & Word
Erika Farrell
Representing Pastoral Care
Paul Phillips
Representing House Groups
Caroline Hiorns
Representing Seniors
David Thompson
Representing Evangelism & Outreach Charmaine Elkerton (from 2nd May 2023)
Elder
Rachel Lambert
Elder
Peter Whitby
Elder
David Brown
Elder
David Wright
Todd Nightingale
Vicky Hempstead
Steve Hardy
Minister
Treasurer
Administrator
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 Safefrom Harm and adopts the principles published by the Baptist Union of Great
Britain in its booklet Saft to Gmw* putting alongside these a policy of good practice for youth and
children's work.

STATION HILL BAPT15T CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
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 {until September 2023), Peter Whitby as
Safeguarding Trustee, 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 contsct 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 2023/2024
Ministry and leadership
Todd Nightingale was welcomed as Minister in 2019 and has continued in his role through the year.
He has also helped at Calne Baptist Church, leading services and advising the deacons in this year
during their interregnum period.
Wayne Lawther, our Community Minister, started a three month sabbatical leave from 1st January
2023 until leaving this Church's employment on 31st March 2023, whilst remaining as a Church
Member. A thank you tea for Wayne Lawther and his family was held on Saturday 1st April to mark
Wayne's leaving SHBC employment at the end of his sabbatical. He planned to take a year out of
ministry while working as a Residential Child Care Officer, and also with the homeless at Unity House
in Chippenham.
On 14th January 2024 Wayne accepted an invitation from Calne Baptist Church to be their Minister,
starting on l March 2024.
Danelle Nightingale continues in her role as 'Growth Coach, for two (?) days per week. As a trained
spiritual director with many years experience of working in church ministry, she says;
'1 get to
journey with others in the deep and authentic places of their faith and life with God" Danelle is a

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
gifted speaker who regularly teaches and leads our Sunday morning gatherings and also heads up
the Women's Ministry Team.
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 morningworship has been encouraged to continue and develop further.
Over one weekend in April we welcomed Diane Arthurs, worship leader at Todd's previous church,
to meet with our worship team and lead our Sunday morning worship. In January a bring and share
lunch, with Communion being taken too, was held after the morning service, this will be repeated
in February and other times in the future.
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. Todd and Danelle have taken over leadership of BIG Family Church from
Wayne Lawther.
th
Our 5 Sunday Fellowship continues, whereby when a month has five Sundays the church is open
for fellowship but there is no actual service. This gives team members a rest and also allows 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 wide variety of social events, some for women, some for men, others open to both and families,
were held during the year in various locations. All were well attended and gave opportunities to
invite people to church events without them always needing to come into a church to take part.
Prayer
The Church is committed to the importsnce 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 and
weeks of prayer and fasting to coincide with important periods within the church calendar. 26
hours of prayer were held at the church over 1-2 July, focussing on situations at SHBC, in
Chippenham, in our country and around the world.
123Go, which stands for I gospel, 2 everyone over 3 days, was led by Charmaine Elkerton in Emery
Gate, the Town bridge, and the Buttercross in Chippenham, giving free hugs, chocolate/sweets,
and conversation on 7,8, and 9th April. Similar, briefer, outreaches have continued on a regular
basis since.
Our Prayer Café continues to be an important established part of our outreach ministry to the
Chippenham community. Attendance each Saturday morning by people in the local community•

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
many coming along on a regular basis for social contact and prayer, continues to grow, and the team
th
is enhanced by members of other local churches helping each week. On 6 May the Coronation of
th
King Charles111 was televised live during Prayer Café to allow people to watch together. On 10 June
the Prayer Café was held in Monkton Park, attracting over 150 people and being visited by the
Chippenham Mayor.
PrayerNet enables and encourages individual prayer for the specific needs of our fellowship and
those known to them at all times.
Bible reading and Prayer sessions continue on Zoom two mornings a week. A monthly prayer
meeting is also held, focussing on domestic and international humanitarian and political topics.
We were privileged to hold two weddings at the church during the year, and to admit and welcome
two people into Membership. Sadly, several people in the church lost close family members during
the year, some very suddenly. and the church family drew around them in support.
A Newcomers meal in February was followed by an Exploring Membership course in April. An Alpha
course wa5 run in the autumn, with an away day in October and a celebration supper in January.
Many people from outside of SHBC completed the Alpha course.
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 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 prove 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 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

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
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 (CCT) group and encourage our members to support and be involved in the wider
church of Chippenham. In May we joined with Sheldon Road Methodist Church for Pentecost
worship, and in December sang carols outside the Town Hall, at the hospital and a local care home,
as well as at the railway station with ccr, and the church was full for our Carols by Candlelight
service.
A Warm Space was opened on Thursday afternoons and Saturday Prayer Cafe in January in
nd
conjunction with an initiative with other local venues, continuing until 2 March.
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.
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, notablyst Paul's Church, for young
people from all the secondary schools in Chippenham. Happily, 'Open the Book, sessions in local
schools, which Susie Spencer coordinates. are as popular as ever. 'Prayer Spaces in Schools,, co-
ordinated by Angela Thomas, are another means by which the church can encourage staff and pupils
alike with prayer spaces in place over a period of days within local schools given them the
opportunity to receive prayer and to talk in confidence. 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 Families Leader, Vicky Hempstead, Rachel Bowers and Sophie
Lambert have continued to lead children and youth work in the church for the O-11 year old and 11-
18 year old age groups. 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, but we continue to seek to fill the role.

STATION HILL BAPTIST CHURCH (Registered Charity 1132165}
Annual Report and Accounts for the year ending 31 January 2024.
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 held at Grittleton Hall.
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 three 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. Sadly,
team changes during the year, with some stepping down, have meant that the Wednesday Toddlers
Group had to close after July, and leave the future of the Monday and Friday Groups uncertain in
2024.
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. A CAP Cafe was run at the church on Tuesday mornings during the school
summer holidays and it has continued every Wednesday morning since September in the absence
of the Wednesday Toddlers.
We continue to look to attract usage by more such community groups where we have the capacity
to.
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 Still 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 is provided using 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.

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
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 2023/2024 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 carry-on 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 (IOYO 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 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
Signature and Declaration
I declare, in my capacity as a Trustee, that:
The Trustees have approved the report above; and
Have authorised me to sign it on their behalf.
Peter Whitby
21/1012024
io

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
STATION HILL BAPTIST CHURCH (Registered Charity 11321651
Annual Reportand Accounts forthe year ending 31January 2024.
Station H511 Baptist Church
Independent Examinerfs Report
for the year ending 31 January 2024
Respertive rtspon5ilJditles of
tru5teesand examlner
The trustees are responsible tor the preparation of the accounts. The charitvs trustees
considerthat an audit ts not ￿quired forth￿ year undersettion 144 of the a)arities Ac12011
(the Charities Actl and that an independent examin*ion is needed. The charty's gr05S
income exceeded £250.000 aTrd l arn qualEfied to undertake the examination by belng a
qualified member of CIM
It is my responsibllityto..
examine the accounts under settlon 145 of the Charlties Act,
to follow the procedures laid down in the general Directions 8iven bythe Ch3rlty
CommFsslon lundersettion 14515llbll of the Charitl£s AC¢ and
to state whether partlculay m2tters have come to my attention
asis tsf independert
examiner's statement
My examinat*ofi wa5 carried out in accordance with general Dlrections given by the Charty
Commission. An examination includes a wlewof the a¢￿￿n￿n& records kept b¥the ch8rity
and a comparlson of the accounts presented with those records. It also includes
considerdtion of any unusuèl items or disclosures in the accourlts, aDd seeking explanations
frotn the trustees concerning any such matter5. The procedures undertaken do not provide
all the e￿dence that would be requlred In an audit. and consequently no opintoo 1$ 8iven as
to whether the accounts PTe5ent a 'true and falr. Mew and the report 15 limited to those
matters setout in the statement below.
Independent examlntr's
statement
In connection w￿h my eKaminat4on, no material matters have come to my attention whith
gives me rAuse to believe that in, any mateTral respect..
accountlll8 ￿COrdS were not kept in accordance wlth sectk)n 386 of the CompanlesAtt
2006,. or
. the accounts do n¢X accord wth such records.. or
• the accounts do not comply wlth relevant accounting reqU1￿MentS under section 396 of
the Companies Att 2006 otherthan any requirement that the accounts give a true and fair,
view which is not a matter considered as part of an independent examlnation; or
•the accounts have not been prepa￿d in accordance with the Charities soRp IFAS1021.
I have come across no other rrwtters in connection wrch the examinattoft to whlch attention
should be drawn in this report in order to enable a proper understandin8 of the accounts to
be reached.
Si8ned'.
Jenny Budgell, ACMA
Dated..
,Yl,fja
li

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
ststement of Financlal ActiVFties as at 3110112024
Mission
Unrestricted
Funds
Funds (restrlcted)
Note
2024
2023
Incoming ReSoUr￿S
Donations and legacies
Gift aid
Charitable activities
Rental income/other
Total
Expendlture on:
Charitable activities
Refurbishment
Total
Transfer
Net income/(expenditure)
141,381
27,327
41.760 183,141
8N16
35,743
176,335
33,777
1,375
170,083
1,375
50.176 220,259
210,112
107,494
46,751
154,245
195,275
107,494
4,454
67,043
46,751
14,454)
(1,029)
154,245
195,275
66,014
14,837
Reconclliation of funds:
Total funds brought forward
Total funds carried forward
304,093
371,136
9,828 313,921
8,799 379,935
299,084
313,921
12

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)
Annual Report and Accounts for the year ending 31 January 2024.
Balance Sheet as at 31/0112024
Note
2024
2023
Fixed assets
Tangible assets
Total fixed assets
391,352
391,352
393,228
393,228
Current assets
Debtors & Prepayments
Cash at bank and in hand
Total current assets
9,570
80,942
90,512
9,732
51,201
60,933
Liabilities
Creditors: Amounts falling due within one
year
Net assets less current liabilities
Creditors: Amounts falling due in greater
than one year
Total net assets
{20,929} {23,491)
460,935
430,671
{81,0001 {116,750)
379,935
313,921
The funds of the charity:
Unrestricted funds
Restricted funds
Total charity funds
8,799
371,136
379,935
304,093
9,828
313,921
Signed by one or more trustees:
Name.. Peter Whitby
Date 21110/2024
13

STATION HILL BAPTIST CHURCH {Registered Charity 11321651-
Annual Report and Accounts forthe year ending 31January 2024
Note I: 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 ISORP 20151
and with Section IA "Small Entities" of Financial Reporting Standard 102 IFRS 102)
and with the Charities Att.
Note 2: Accounting policies
Recognition of incoming resources
These are included in the Statement of Financial Activities ISOFAI 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,
Grunts and donotions (including gift uid)
Where incoming resource5 have related expenditure la5 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.
Donoted services andfacilities
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.
Tongiblefixed assetsfor use by charity
These are capitalised if they can be used for more than one year, and cost at least £SOO. They are valued
at cost or a reasonable value on receipt.
14

STATION HILL BAPTIST CHURCH IRegistered Charity 11321651-
Annual Report and Accounts for the year ending 31 January 2024
Note 3: Expendlture on charltable activlty (Church Revenue Fund)
2024
2023
Administration expenses
Equipment
Fabric
Insurance
Manse
Staff costs
Sundrie5
Visiting speakers
Youth work
5,302
4,125
3,984
3,648
9,327
2,244
4,042
103,948
11,461
275
1,326
140,256
2,386
3,697
70,012
12,161
622
107.494
Note 3b: Staff costs
2024
2023
Salary
Social security
Pensions- defined benefit
Pensions- defined contribution
51,990
10,882
I,(KJ2
6,138
70.012
70,320
19.300
2,610
11,718
103,948
The defined benefit pension payment in the year relates to a final payment made by the Church to the
Baptist Pension Scheme {"the scheme"), to end any future liabilities for deficit payments to the scheme. In
2023 amounts related to pension deficit payments on the scheme. These costs related to three past
ministers who are retired pensioners and two past ministers who have dependent pensioners in the
scheme.
Note 4: Detslls of Certaln Items of expendlture
Trustee expenses
2024
None
2023
None
Number of trustees who were pald expenses
Nature of the expenses
Total amount paid
£nll
£nil
None of the trustees have been paid any remuneration or received any other benefits from Station Hill
Baptist Church.
Feefor exominotion of the t7ccounts
2024
£nll
2023
£nil
Independent examinerfs fees
15

STATION HILL BAPTIST CHURCH (Registered Charity 11321651-
Annual Report and Accounts for the year ending 31 January 2024
Note 5: Movement In funds
Balance
Incoming Resources
31 January Resources
Expended
2023
Transfers
inllout)
Balance
31 January
2024
Church Revenue fund
304,093
170,083
1107,4941
4,454
371,136
Mi55ioD Funds {restrirted)
ARM
915
8,325
10,333
2,900
12,145
16,473
50,176
18,632)
112,4471
12,3331
110,2601
113,079)
146.751}
608
2,878
4,488
635
190
Collected funds
Fellowship fund
Provis Fund
Mission tenth
4,992
3,921
11,2501
13,2041
14.4541
9.828
8,799
Total
313,921
220.259
1154,245)
379,935
Note 6: Fixed Assets
2024
Property Equlpment
2023
Property Equipment
Cost
At l February
Additions
Disposals
At 31 January
390.000
10,007
390,000
6,836
3,171
390.000
10,007
390,000
10,007
Depreclatlon
At l February
Depreciation
Disposals
At 31 January
6.779
1.876
3,963
2,816
8.655
6,779
Opening net book value as at l February
Closing net book value as at 31 January
390,000
390.000
3.228
1,352
390,000
390,000
2,873
3,228
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 £9,57012023: £9,732) includes £7,936 {2023". £8,190) relating to
gift-aid receivable from HMRC. This is expected to be received within one year.
16

STATION HILL BAPTIST CHURCH (Registered Charity 1132165)-
Annual Report and Accounts for the year ending 31 January 2024
Note 8: Loans
Duringtheyear ended 31January 2024, SHBC paid É8,00012023.' £3,000) of the outstanding congregational
loans leaving a balance of £30,000 outstanding12023: £38,000). This is a long term loan which has no fixed
date for settlement.
During the year, SHBC paid £27,75012023: £20,250} off the £180,000 10 year interest free loan leaving a
balance of £69,000 outstanding12023: £96,750). £18,000 of loan repayments are due to be paid within the
next 12 months.
Note 9: Related party transartlons
There has been no related party transactions during 202412023: none).
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