HEATON BAPTIST CHURCH REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Charity registor•d number 1132252
HEATON BAPTIST CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Page Report of the Trustees Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes lo the Financial Statements 9-16
HEATON BAPTIST CHURCH REPORT OF THE TRUSTEES YEAR ENDED 31ST MARCH 2025 The Trustees present their report together with the unaudited financial statements for the year ended 31st March 2025 Reference and administratlve infonnation Charity name.. Heaton Baptist Church Charity registration number.. 1132252 Registered office and operational address. Heaton Road Newcastle upon Tyne NE6 5HN Trustees Rev DP Tubby Mrs SM Foster Mrs RJ Rai Mrs P Daniel Mr TK Howell Mr TJ Fletcher Mrs HV Bird Mrs K Dews Mr GG Sexton Mr JP Bird Mr TS Onions Mrs AG Ogundipe Mr J Kenyon Ms FA Varley 'Elder {Senior Minister) Elder- stepped down January 2026 'Elder Elder- stepped down January 2025 "Elder 'Elder Elder- appointed May 2025., stepped down December 2025 'Deacon 'Deacon Deacon - stepped down May 2025 'Deacon 'Deacon- appointed May 2024 Deacon - stepped down December 2024 "Deacon - appointed May 2025 Current trustee Independent Examlner Joanne Regan FCA, A2ets, 32 Brenkley Way, Blezard Business Park, Seaton Burn, Newcastle upon Tyne NE13 6DS Bankers Lloyds TSB plc, Grey Street, Newcastle upon Tyne.
HEATON BAPTIST CHURCH REPORT OF THE TRUSTEES ST YEAR ENDED 31 MARCH 2025 Structure, Govèrnance and Management Govemin document The organisation is a charity, governed under a constitution adopted on 1 Sl August 2009. The charity registered on 22nd Qclober 2009. having previously been an excepted charity. Recruitment and a ointment of the Trustees Names are brought to the Church members. A quorum of 20Yo of church members is required to take part in the vote. Confirmation is by secret ballot with at least thirds of the members voting in favour of the appointment. Elders and deacons serve for a period of three years, after which they can apply for re-election if they wish. Trustee Induction and Trainin Before appointment potential trustees are supplied with up to date financial information and other documents such as the most recenl accounts and a copy of the conslilution. Risk mana ement The trustees have examined the major risks which could affect the charity as a whole and have developed and implemented procèdures to minimise these risks as far as possible. Risks identified by the trustees include child protection issues, health and safety aspects associated with the church premises and activities, fire safety, GDPR, cyber security, insurance, and other legislative compliance. Ri$k management is proactive activity developing with the growth of the charity. Following the appointment Operation Coordinator Role, a revised govemance structure was adopted. The Operation Coordinalor ensures appropriate inspection and maintenance arrangements are in place for key assets and equipment. Risk assessments are carried on key activities and appropriate safeguards introduced where necessary. A 'health and safety culture is in place and encouraged amongst all internal and external users of the premises. anisational cture The trustees are responsible for administering the church and for its strategic direction. The day to day running of the church building is delegated lo the Office Manager. ed arties The church does not have any related parties other than the trustees and their immediate families.
HEATON BAPTIST CHURCH REPORT OF THE TRUSTEES YEAR ENDED 31ST MARCH 2025 Objectives, activltiès, achievements and perfom)anco Ob ectives of the Chari Heaton Baptist Church is a vibrant family church that seeks to live out and share the Christian farth across its sphere of influence and beyond its walls. Its current focus is to develop its goal of "Growing as healthy disciples of Jesus" The mission statement of Heaton Baptist Church is. Loving God and Livin9 for Others,. Bringing God to people, leading all to maturity in Christ,. We have five, established core values which determine how we seek lo live out our faith. namely being.. Christ-centred, discipling, generous, missional and welcoming. The trustees have complied with the duly in section 17 of the Charilies Act 2011 to have due regard to public benefit guidance published by the Charity Commission. A¢tivities and achievements durin the ear Heaton 8aptist Church is a welcoming and inclusive church that hosts a range of activrties that are part of our mission as well as providing a home for a variety of user groups. Our premises are used extensively. As of May 2025, we have 1 ministerial staff (1 fv11-lime}, one part-time youth ministry leader, a part-time Office Manager and a part lime Operations Co-ordinator. They are supported by approximately 150 volunteers within the church spanning a number of different groups and activities. The church has a variety of strong community connections and host a number of activities & organisalions whose purpose is to improve the physical, spiritual & physiological wellbeing of residents in east Newcastle. This includes a weekly food-bank, benefits support, drop-in café, coffee moming, 8ible Studies, pre-school toddler groups & other resource beside other groups who regularly use the premises. We have seen growth within the church loo, with ever increasing cultural diversity reflected in our regular worship & social activities, and increasingly within our leadership. We have seen a number of baptisms & new members and are excited to this trend developing, bringing with it creativity & enthusiasm. We have also seen changes to our pastoral team structure which have been intended to ensure all people within the congregation receive lo appropriate level of pastoral care. Financial review The Statement of Financial Activities on page 7 of these financial statements details all incoming and outgoing resources during the year. The Trustees consider the charity's affairs lo be satisfactory. At 31$1 March 2025 a balance of £142,055 remains in the General Fund for Church use. Reserves Polic
The Trustees have retained the reserves policy agreed during previous Financial Years. Free reserves are those unrestricted reserves not committed or invested in tangible fixed assets. The policy is to maintain a minimum reserve equivalent to three months of expenditure cover, which is around £65,000. The balance at the end of Ihe year was consistent with this goal. Investment Polic The Trustees have agreed an investment policy which is to gain maximum interest with minimum risk on money held on reserve, the balance of the accounts currently being such that no money is held in high risk investments. Approved by the 8oard of Trustee5 on 29th January 2026 and authorised to sign on its behalf.. DP Tubb Trustee
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEATON BAPTIST CHURCH I report on the accounts of the charity for the year ended 3151 Morch 2025 which are sel out on pages 7 to 16. Re8ponsibilitigs and basis of ieport As the charity Iruslees you are responsible for the preparation of the accounts in accordance wrth the iequiremenls of the Charrtie$ Act 2011 ('the Acl'l. I report in respect of my exarninalion of the tharily's accounts carrEd out under se¢tron 145 of the Act and in carrying out my examination I have followed all the appIable directions given by the Charty Commission under section 1451Sllbl of the Act. Independent gxamSnerf¥ ststement I have completed my examination. I confirm that no material matters have come to my attention in conn$ction with the examinats'on giving me cause lo believe that in any material respect.. Accounb'ng record$ were not kept in iespecl of the charity as required by section 130 of the A¢l,' or The accounts do not accord with those records,. or 3. The accounts do not comply wlh the applicable r¢qui¥ements ¢onceming the fom and eonlent of accounts set out in Ihe Charities (Accounts and Reportsl Re9ulalions 2008 other than any requirement thai the accounts give a 'lrue and fair view, which is not a maller considered as part of an independent examination., or The financial Slalements have not been prepared in accordance with the methods and prin¢iplos of the Sialemenl of Recommended Practice for accounting and reporting by charities applicable lo charrf(ies preparing their accounts in accordance with the Finaneial Reporting Standards applicable in tha UK and Republic of IEland IFRS 102}. I have no ¢oncerns and have come across no other matters in ¢onnection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the ac¢ounts lo be aChed. Joanne Regan FCA Azels 29th January 2026 Bulman House Regent Centre Gosforth Newea¥tle upon Tyne NE3 3LS
HEATON BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2025 Note Unrestricted Funds INCOME De$lgnated Funds Restrlcted Funds Total 2025 Totsl 2024 Weekly offering Gift aid Income Tax Recovered Bank Interest Designated Rentsllettings Other income 29,257 123,266 32,373 81 34.657 3,527 36.266 29,257 123,266 32,373 481 34,657 3,527 38,182 34,005 136,471 36,404 430 6,948 3,249 3,161 12 400 1,916 Total Income 259,427 2,316 261,743 220,668 EXPENDITURE Staff Cosls Mission Upkeep of Church Buildings Giving lo other organisations Other Administrative Support Cost Partnership Fund Toddlers Group 101,448 33,433 105,554 4,475 4,949 10,713 101,448 33,433 105,554 4.475 4,949 10,713 107.202 33,662 56,708 898 4,777 12,878 2,161 906 10 1,116 1,116 Total èxpendlturè 260.572 1,116 281,688 219,192 Nel incomel(expenditure) before transfers (1,145) 1,200 55 1,476 Transfers 20.906 (2.165) 118,741) Fixed asset revaluation Nel movement in funds 19,761 (2,185) {17,541) 55 1,476 Reconclllatlon of Funds Funds brought forward 1,844,306 2.185 1,350,730 3.197,201 3,195,725 Funds ¢arrlfrd fonvard 1,864,067 1,333.190 3.197,256 3,197,201 The notes on pages 9 to 16 form part of these financial stalemenls.
HEATON BAPTIST CHURCH BALANCE SHEET YEAR ENDED 31ST MARCH 202S 2025 2024 Notes Fixed Assets Tangible assets 13 3.044,048 3,045,296 Curront assots Cash at bank & in hand Prepayments & Accrued Income 14 156,520 8,677 108,364 51,192 Total current assets Creditors: amounts falllng due within one year 163,197 159,556 15 (9,990) (7,6511 Net current assets 153,207 151,905 Creditors: amounts falllng due after more than one year Net as80ts 3,197,255 3,197,201 Funds General Fund Revaluation Reserve Designated funds Restricted funds 17 142,055 1,722,010 122,296 1,722,010 2,165 1,350,730 17 17 1,333,190 Total funds 3,197.255 3,197,201 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small Gompanies regime. Approved by the Board of Trustees on 29th January 2026 and signed on its behalf by.. Tr The notes on pages 9 to 16 form part of these financial statements.
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 Accounting Pollcies Charity infornlatlon Healon Baptist Church is a registered Charity in England and Wales. The registered office 1$ H&aton Road, Newcastle upon Tyne, NE6 5HN. Ac¢ountSng convention These accounts have been prepared in accordance with FRS102 'The Financial Reporting Standard applicable in the UK and Ireland, I"FRS102'1, 'Accounling and Reporting by Charrties" the Statement of Recommended Practice for Charities applying FRS102 and UK Generally Accepted Accounting Practice as it applies from 11t January 2015. The charity is a Public Benefit Entity as defined by FRS102. The accounts are prepared in sterling which is the functional eurrency of the charity. Monetary amounts in these financial slalemenls are rounded t9 the nearest £. The aceounls have been prepared under the hislorieal ¢¢51 convention modrfied lo include the revaluation ol freehokl properties and lo include investment properties and certain financial in$trumenls al fair value. The principal a¢counting polictes adoplfjd are set out bèlow. al All income be¢oming available to th¢ charity during the year is recognised in the Statement of Financial Activit$ wh8n they are receivable. bl Grants. including grants for the purehase of fixed assets, affj rocognised in full in the Statement of Financial Aclivilh?s in the year in whi¢h they are receivable, unless there are associated performanceelated conditions. in which ¢a$g the grants are recognised in line with the performance-relal&d conditions. cl Expenditure is recognised in the period in which il is incurred. Expendiluie includes allribulable VAT which cannot be iecovered. All expenditure is allo¢81od lo the particular a¢tivily lo which that cost relate$. dl Fixed assets are initially capilalised al cost. Land and buildings, whieh are all lor charity use, are ineluded in the accounts at deemed $t. Freehold land is not depreciated. Th• deemed cost of the freehold buildin9S less the estimated residual value is Considered to bè immaterial. This is kept under constant review by the Iruslees. Depreciation is rtrcognised so at to write off the cost of the solar panels less their residual value ovei their useful lives on the lollowing base$'. Freehold land and buildings Not depreciated Solor panels 25 years Pension costs - The charity makes contributions lo a defined contributions scheme. The pension co$t$ ¢harged represents eonlribulions payable to the scheme. gl Unreslricled funds are incoming resources Ceivable or generated by the charity for its obiècls wilhoul fvrthe specified purpose and are available as general funds. h) Designated funds are unrestrieted funds which have been allocated by the Iruslees for a particular purp058. il Restricted funds are to be used for specific purpose$ laid down by the donor. Expenditure meetin9 these criteria is charged to the fund along with a fair allocation of management costs. The Building Piojecl eonsisls of gifts made to the Church by members and others, as agreed at Church meetings and grants from other organis8lion$ which can be used only for the Building Project. jl The financial s18tements have been prepared on a going concern basis as the Iwstees believe that no material unc£rt8inlies exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 rnonlhs from aulhorising these financial slalemenls. The bijdgeled income and expenditure is sufficient with the level of reserves lor the charity lo be able to continue as a going concern. k) The entity transitioned to FRS102 on 1 Xl April 2015. there were no transitional adjustrnenls required.
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 2. Designated Offerings and Glvings 2025 2024 Church Ministries & Internal Events External Evenlslmission & Special Offerings Various Grants 50 912 33,695 480 6,468 Total Gonaral Fund 34,657 6,948 3. Rentsllèttings 2025 2024 Hire of Church Buildings 3,527 3,249 4. Other Income During a financial year, the Church will receive a number of gifts which are donations towards the costs for service5 that our members have used or to which they would like to donate. 2025 2024 Miscellaneous giftslofferings Legacies 4,055 32,211 1,056 Total Gèneral Fund 36,266 1,056 Restricted Fund HBC Toddlers Group 1,916 2,105 38,182 3,161
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 5. Staff Costs 2025 2024 Gross salaries Social security costs Pension costs Other costs 92,094 2,793 6,561 96,185 3,142 6,520 1,355 101.448 107,202 No employee received emoluments of more than £60,000 in either this year or last year. 2025 2024 The average number of employees was.. Induded above are the fO¢Ir9 amounts in respect oftruslees ofthe chanty. The Constitution permits the employment and remuneration oftrustees for performance ofother dubes for the charity as descfflbed in brackets below. Salary Employer Pension Contributions Total 2025 Total 2024 Represonted D Tubby (Senior Minister) J Girling (Youth Director) E Watts (Office Manager) T Howell {Operations Coordinator) A Innes (Assistant Minister) H Rogers (Children's Worker) 36,319 26,289 17,588 11,898 4,396 1,106 671 387 40,715 27,395 18,259 12,295 39,119 21,627 17.446 19,306 5,197 Total 92,094 6,561 98,655 102,695 Dave Tubby was appointed as Senior Minister and began in August 2018. He is Iving in the Church Manse, wholly owned by the church, whth was rented out dLffing the period where no senior rninter was in post. No sums were reimbursed to Trustees for their work as Trustees. The Church pays pension contributions for its Senior Minister to the Baptist Ministers Pension Fund which was a final salary defined benefit scheme until 1 January 2013 when it became a defined contribution scheme. As the scheme is a mulli-employer scheme, il is not possible to identify the assets and liabilities which are attibutable to the church. In accordance with UK GAAP the scheme is accounted ft)r as a defined contribution scheme. Other members of staff are enrolled in the NEST Pension Fund, which is a defined contribution scheme.
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 2025 2024 6. Mission Baptist Missionary SocietyiBMSI Home mission FundlHMFI Junior Churchlcrechelyouth Activities (Incl Romania) Evangelism (Incl International Work) Visiting Speakers Worship/PA Equipment Prayer Grow Baby Food Ministries Conferences Internal eventslGeneral External events Other 7,900 8,000 5,960 1,898 405 3.171 7,900 8.000 1,317 2,123 350 3,453 179 123 6,825 72 1,095 934 3,610 378 12 3,392 33,433 33,662 2025 7. Upkeep of Church Bulldings 2024 Manse (29 Ivymounl Road) Church Buildings 17,426 25,021 5,246 8,275 47,889 329 1,369 Gas Electricity and Water Insurances Maintenance and Repairs ReplacementslRefurbishmenl Health and safely Cleaning and Materials 5,184 35.205 4.976 8,918 1,332 129 966 105,554 56,708 8. Giving to Other Organlsations 2025 2024 External Ministry Organisations Heaton Churches TogetherlFestival Mission Partners 1,475 398 500 3,000 4,475 898 12
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 9. Other 2025 2024 Hardship Fund Leaving Gifts Catering Miscellaneous-other 1,584 89 1,901 1,375 183 1,763 1,668 1,163 4,949 4,777 10. Admlnlstrative Support Costs 2026 2024 Printing. computing, offi¢e supplies and postage Telephones Affiliation feesl Leadership development Bank Charges Independent Examiners Fee Depreciation Legal Fees 3,007 3,022 968 728 1,440 1,248 300 4,274 2,390 912 2,854 1,200 1,248 10,713 12,878 11. Partnèrship Fund 2025 2024 Payments to Church Members working in missions abroad 2,161 2,161 13
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2024 12. Movemonts on legacies During 2020 the church received a legal from Dorothy and Mary Pearson. The use of it was not defined by the giver but it was agreed that any use would be decided case by case by the members and not treated as part of the General Fund. Therefore it has been treated as a Restricted Fund and held in the separate Deposit Account. During ihe reporting period Ihe members agreed that the legacy would be used towards the installation of a community garden on the west side of the church, facing Heaton Road. £13,462 of Ihe legacy was used towards this. The members further agreed during the reporting period that the legacy would be used to fund the restoration of the church's windows. £5.279 ofthe legacy was used towards restoration of windows in 2024-25. Interest received during the period on the legacy was £400. The balance is £22,383. During the reporting period a legacy of £32,211 was recèived, with no restrictions on its use. Interest received on this legacy during the period was £81. The balance is now £32,292. 2025 2024 Legacies received Bank Interest Transfers 32,211 481 118,741) 430 Movement 13,951 430 13. Tanglbla Flxèd Assets The tangible fixed assets relate to Freehold Land and Buildings al deemed cost (Church Buildings.. Heaton Roadlmundella terrace £2,714,543 and Manse.. 29 Ivymount Road £302,049) and Solar Panels which are depreciated over their useful economic life. Freehold Land and Buildings Solar Panel$ Total Cosl As 1 April 2024 Additions 3,016,592 31,200 3,047,792 At 31 March 2025 3,016,592 31,200 3,047,792 Depreciation As 1 April 2024 Charge for the year 2,496 1,248 2,496 1.248 At 31 March 2025 3,744 3,744 Carrying amount At 31 March 2025 3,016,592 27,456 3,044,048 Al 31 March 2024 3,016,592 28.704
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 14. Cash at Bank 2025 2024 Treasurer's (Current) Account Cash in hand Deposil Account Building Fund AcGount HBC Toddlers Account 90,806 112 54,756 8,596 2,249 56,573 102 40,805 8,596 2,288 156,520 108,364 2025 2024 15. Creditors: amounts falling due within ona yoar Accruals Payroll payables Donations payable Other creditors Deferred grants 1,320 4,745 2,621 1,304 1,200 3,059 1,197 2,195 9,990 7,651 Unrnstrlctod Funds Restrlcted Funds Totsl Funds 16. Analys18 of net assots between funds Tangible fixed assets Net current assets Creditors.. amounts falling due after more than one year 1,737,169 128,575 1,306,879 24,632 3,044,048 153,207 1,865,744 1,331,511 3,197,255
HEATON BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025 17. Movement in funds 1st April Incomlng Resources 31st R8sources Expended Transfers Rèvaluation March 2024 2025 Unrestrictèd funds General funds Property revaluation Teserve Designated fund$ Partnership Fund 122,296 1.722,010 259,427 1260,572) 20.906 142,055 1,722,010 2,165 (2,165) Total unrestrictod funds 1,846,471 259,427 1260,572} 18.741 1,864,065 Restricted Funds Building Fund HBC Toddlers Pearson Legacy 1,306,879 3,127 40,724 1,306,879 3,928 22,383 1,916 400 11,1161 (18,741) Total roStrl¢tèd funds 1,350,730 2,316 {1,116} (18,741) 1,333.190 Total funds 3,197,201 261,743 1261,688} 3,197.255 Deslgnated Fund The designated fund is called the Partnership Fund and was used for supporting members of the Church in full time training or ministry. The Partnership Fund closed in 2023, with Ihe remaining fvnds to be used for supporting the church's Mission Partner organisations. Restrl¢ted Fund8 The Building Project was Completed in 2009. The loan payments and gifts received to pay for this project have been handled separately. The loans are now paid off in full. The income received by the Toddler group is also restricted and is managed by a dedicated group on behalf ofthe Church. During 2020 the Pearson Legacy was received by Ihe Church and is treated as a restricted fund- see rbote 12 above. Transfers Transfers totalling £18,741 were made from the Pearson Legacy to the General Fund as detailed in note 12 above. £2,165 was transferred from the Partnership Fund to the General Fund for use in supporting Mission Partners during 2024-25. 18. Events afterthe reporting period At a Special Church Meeting on 181h May 2025, the members of the church approved the incorporation of the church as a Charitable Incorporated Organisation (CIO) and to transfer the assets and liabilities of the church to the new CIO at a future date. The transfer of assets and liabilities is planned to occur on 1 $t April 2026. This transfer will be accounted for using merger accounting and therefore these financial statements are prepared on a going concern basis. 16