Charfty number: 1132492
SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
CONTENTS
PaJe
Reforenco and admlnlstratlvo dgtalls of thg chailty, Its trustees and advlsgrs
Trustees. report
Indopendgnt gxamlngrfs report
ststement of financial acttvitles
10
Balanco sheet
11
Notes to the financlal statements
12-28

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Rev D Mayne IresYJned 31 October 20231
Rev J C Hellenbrand (appointed 21 November 20231
S Evans
V C Bakgr (appointed 21 November 20231
P Burnham (appointed 21 November 2023)
D Hardingham
A Churton (reswJned 1 February 2023}
K Peters
M Amdd Iresigned 6 November 2023)
G Bannister lappoinled 2 April 20231
Charlty reglstBrod
number
1132492
Princlpal office
90 Thorpedene Gardens
Shoeburyness
Soulhend on Sea
Essex
SS3 9JD
AcGountants
Venthams
Chartered Accountants
Millhouse
32- 38 East street
Rochford
Essex
SS4 1DB
Bankors
National Westminster Bank
132 High Street
Southend on S6a
Southend on Sea
Essex
SS11JX
The Co-operativg Bank
PO Box 250
Delf House
Southway
Skelmersda
WN8 6wr
Page 1

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual report togethèr with the financial statements of the charty for the year end￿j
31 December 2023. The trUst￿S confimi that the annual report and financial 8tal8ments of the charity comp
with current statutory requirem&nls, the r8quiremenls of the charivs governing d￿Ument and the provisions of
the Statement of Recommended Practice {SORPI, applicable to charities pr8paring their accounts in accordance
with the Financial Reporting Standard appllcable in the UK and Republ￿ of Ireland IFRS 1021 (effectwe 01
January 20151.
ObJeGtIvgs and actlvltles
a. Polktes and objectives
The principal PUTpose of the Church 18 the advancement of the Christian faith according to the prI￿lpIeS of the
Baptist denomination.
As a Membgr of the Baptist Union of Great Brttain the Chur¢h subscribes to th8 Union'8 Declaration of Principle
which is: _
'That our Lord and Samour Jesus Christ. God manifest in the flesh, is th@ sole and absolLrte authority in all
matters pertaining lo faith and pr￿liCe, as revealed in the Hoty Scriptures, and that each church has libety,
under the guidance of the Holy Spirit, to interpret and administer Hi8 law8.
That Christian Baptism is the immersion in water into the name of the Father, the Son and Holy Spirll. of
those who have professed repentance towards God and faith in our Lord Je$us Christ who diod for our sins
according to the Scriptures., was buried, and rose again on the third day.
That f( is the duty of every disriple lo bear personal withe8S to the g08pel of Jesus Christ, and to lake part
in the evangelisation of the wortd..
In Setting objectives and planning for activitie5, the Trustees have given due con8ideratlon lo general guidance
published by the charty commission rglating to public benefit and in particular thg guidance on charities for the
advan￿ment of religion.
b. Actlvltles undertaken to a¢hi¢vo obJectlve8
The Ghurch is affiliated to the Bapt[81 Unlon of Great Britain, 15 a committed part of the Eastem Bap118t
Association, and remains part of tho Soulhend Area Baptist Network. The formal membership of the church
numbers approximately 210 with addit￿81 people regularly attending wlhout becoming fomial members. During
2023 we welcorned 17 new members and 7 people were baplised. There are new people attending each week.
and the church is working lo be even more effectwe al welcoming and integrating new peoplg into the churth
community.
Our gathered worship continues to be a SOUTce of encouragement and joy. Sunday morning services INe-
streamed via YouTube with a regular number of people engaging this way, and our monthly First Wednesday
and Evening Prayers & Communign sgrvices continue lo provide opportuniles for more traditional and reflective
worship. As well as observing the main events of the liturgical calendar, 59rvices have included series. exploring
The Psalms of Ascent, the visions of the prophet Ezekiel, and the last words spoken by Jesus on the cross.
Over the summer months we once again held our 'Why l Am A Christian, services, wth six people from the
church sharing their own stories of faith. Teaching and preaching in the seNices has b*n offered by the
church'8 Pastors. members of the congregation, and visiting 8peakeryd.
Many people in the church continue lo meet regularly in small groups during the week. and the weekly Bib
Study continues to thrwe.
Pastoral caie is still a Signfficant part of our life together. Working with the Pastoral Team, this ar￿ of church
life 18 overseen by our new Pastor for Caring & SeNing ministries, Rev Jo Hellenbrand. Jo's ministry has already
brought much love, care and compassion to our work both inside and outside of the church. During the latter
Page 2

SHOE8URYNES8 AND THORPE BAY BAPTIST CHURCH
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
ObJectlve8 and actlvltle9 Icontlnued)
part of the year, and working with our local ArulKan church, we have rgvived our ministry leading serv￿e5 in
local care homes. Care homes are also supported by our Parish Nursing team, who continue to flourish and
have their efforts recognised by external bodies, including Parish Nursing Ministries UK. There has been a
particular growth in our work with those sufferlng with dementia, and their carers.
Our other work in the k)Gal Gommunty continues, with our Week￿ distribution ￿ntre se88ion5 wfth Southend
Fcodbank provKling a vital seryice. MUNCH has continued to tackle holiday hunger and encourage familles to
cook together through the provision (rf recipe bags.
Th& worf( ￿th Children, Youth and Families remains central to all we do, with many children and young people
attending mKlweek groups as well as Sunday activrties. Following the receipt of grant funding during 2022, wo
have been able to continue to partner wlh a iocal therapy practice Ic) provide mental health support to young
people who would otherwise not be able lo access ti. A group of nearty 30 young people attended the Satellites
summer festival, and an even bigger trip Is being planned for 2024. The work of our Boys, Brigade & Girl's
Ass(Kiation continues to be faithfully supported by a committed team of volunteers, and engages wf(h many
families across our community.
As part of our ongoing commitment lo social justice and inclusion, the church has been active in supporting other
churches becoming affirming and registering for equal marriage during the year. We continue to wotk towards an
Eco Chureh Gold award, wrih a krge bank of solar panels installed on our bullding during the autumn. We
included a series of reflections on Black History Month during our Sunday moming services, and continue to l¢x)k
for opportunities to engage wf(h the important work of racial justice.
Thg church continued lo rent out 1 Lambourn Close for th8 first half of the year, beforfj.startirrfJ the proce8$ of
selling the propety lanlicipated to be completed in earfy 20241. The rental income was used to help fund
improvement works on the church buildings throughout the year. The Shoebury Book Shed continues lo raise
money each month. as well as providing a dlfferent way of engaging with the community.
During the summer Rev David Mayne, our Lead Pastor, accepted the call lo be the next Regional Mini818r Team
Leader of the Eastern Baptist Associalion IEBAI, and his final Sunday wf(h us was on 5th November. The EBA
will be renting the manse at 88 Thorpedene Gard9ns from STBBC, whilst they search for a property for David lo
move into.
Achievements and perfom)ance
a. Key perfonnance Indlcalors
Thg Church is grateful to 115 members for donating generously to allow the Church to fu￿11 its prggramme of
aclivf(ie8 in the local area and to support its mission partners further afield. Of its £329,806 ineome
{predominandy achieved through donations and associated Gift Aid tax recovery) the church has provMJed gran18
to other organisations of £17,725.
b. Revlew of actlvitles
The TnJ8tee8 recognise that these aspects can be drfr￿uIt to measure and that the church does not lake
numerical or financial figure5 ?$ the prime of assessing the church'$ mission and ministry. Much of the work
of the church is more difficult to measure in tangib￿ ways, such as people growng in their faith. or more people
in the local community being blessed.
An oper2t5ng budget Is approved annually and the day to d8y finances are administered by the Finance
Administrator. Fin8nce reports are provided monthly to the trustees, and shared at regular intervals with 811
church member8.
Remuneration of employed staff 18 set by Iruslees, and is agreed by all church members as part of approving the
operating budget for the year. Thg church 15 heovily reliant on members and others who serve as volunteers
Page 3

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Achievements and perfomiance {contlnuedl
across all aSp￿S of the Ghurch's wod(. Many groups and activf(ies have little impact on the church's
expenditure but contribute signrficantly lo the furthering of the church's objective8.
General fund income for 2023 was £265,399 12022 £253,178) and related expenditure excluding pro￿rtY
deprKiation was £3(￿,88S12022- £313.2621 resutting in a deficit of £41,486 for 202312022 - deficit of £60,084).
Total income, including general fund. designated funds and restrited funds for 2023 was £329,8¢K12022
£328,212) with expenditure of £419,19312022 - £422,388), which resulted in a net deficit for the year of £89,387
(2022 nel deficit £94,176). Details of income and expenditure can be found in the Stslement of Financial
Activities and the a880Chgted note8.
Total resetves at the end of the year are £2,285,52712022 - £2,359,99SI. of which £39,289 {2022 - £48.5071 are
restricted. Unrestricted cash reserves at the end of the year ar8 £75,016 {2022 - £99,683), well in excess of that
required by the reserves policy which is Set out below.
Thèra are no commitments or guarantees requiring disclosure.
STBBC continues to support, connect with, and work alongslde a number of nebNorks and organi$alion8 across
the UK. As well as suppjrting the Baptist Union's Horne Mission appgal, wg SUPPOrt the work of Christians
Against Poverty, HeartEdg8, the Ozanne Foundation, and Southend Foodbank. We continued to support a
family church planting in Pwle, and we consi81entty seek to offer support and help to other churches. particuLgrly
through the Southend Area Bapllsl NefvKJrk.
Beyond the UK, we continue lo support the work of BMS World Misslon. partlcularly the Spears famlly In Chad,
and Reach Out to the Child and their ongoing work in South Africa.
Financial rnview
a. Golng concem
The Trustees have a reasonable eXp￿atiC￿ that the charty has adequate resources to continue in operational
e￿StenCe for the fores*ablè future. For this reason, they continue to adopt the going ¢on¢ern b￿1$ in preparing
the financral statements.
b. Reserves poIIcy
The trustees have agreed a reserves policy which is broadly gquivalgnt lo 4 month's direct costs and support
costs.
The Trustees regularly review the resetves wlicy as part of the review of all finance policies. Recommen(lations
are made to the church and agreed by the members at a Church Members, meeting.
c. Prlnclpal rfsk8 and uncgrtalntle8
The prfnclpal financlal risk lo the church is a significant drop in income as a resutt of Changes to the donor base
or changes in circumstances which reduce the ability of donors to give lo the church al currenl levels. An
additional risk is a reduction in income from hiring out our premises as a result of a change in needs of external
hirers, or desirabilty of the building. The Trustees continu8 to monitor the level of donats'ons and premis8s hire
income as well as other risks to income such as those from national and glthal economic changes and the
Impact of health crL8es and conflicts.
Page 4

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
d. Prlnclpal fundlng
Financial responsibility for the WOTk of the church rests with 118 members and the regular congregation through
free-will offerings. In addition, approximately a frfth of our funding 18 received from hiring out the church buildings
to external organisations and groups.
Page 5

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure. governance and management
. Constltutlon
Shoeburyness and Thorpe Bay Baptist Church was registered as a chariiy on 05 November 2009 under Char
Registered Number 1132492, and is conslituled under a Trust deed.
The Church is govemed and regulated by its own membeT8. Al 8ignlfunt aspect8 of the work of the Church are
subj&t to the approval of the Church Meeting. Members of the Church are accepted into membership in
accordance wlh the Const((ution, which requiros them to profess their faith in Jesus Christ.
b. Methods of appointm8nt or election of Trustees
The Leadership Team and Pastors were for a number of years the sokg Trustees of the Church. In 2013 the
Church voted for a Trustee Board lo be sel up, lo relieve the Leadership Team of these responsibilities. Trustees
are appointed at a Chuich Members Meeting and have responsibility for the Gharitable govemanGe of the
Church.
¢. Organlsatlonal structure and declslon-maklng policies
2023 saw a numbèr of staff changes, and at the end of the year the team consists of:
Pastor for Caring & SeNing Ministriès
Pastor for Children & Families
Parish Nurse
Youth Worker & AV Technician
ExecutNe Assistant lo the Lead Pastor Qob 5hare}
Finance Administrator
operat￿nS Manager
OperatK)n8 Team Assistant
The 8earEh for a new Lead Pastor will begin in 2024, and f( is intended that a new Children & Families Worker
and Caretaker be appointsd also.
We continue to be a ￿￿ng Wage employer.
Plans forfuture p8rfods
As well as Continuing to work out our H¢Jpe & Hospitalrty framework, during the next year we plan to..
Call a new Lead Pastor
- Begin the year wlh a Week of Prayer
Continue building good relationships wf(h other churches in Shoeburyness & Thorpe Bay
- Continue lo ￿ open to new ways of serving our communty ak)ngside our current ministrie8
Page 6

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
statemant of Trustoes, responsibilities
The Tru81ees are re8pon8ible for preparing the Tnjstees, report 8nd Ihe financial statements in &￿rdanCe with
applicable law and United Klngdom Accounting Standard5 (United Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charities in England & Wales requir8s the Trustees to prepare financial statements for
each financial year which gwe a true and fair wgw of the slate of affairs of the Charity and of its incoming
res¢xirce8 and application of re80urce8, including its Income and expenditure, for that period. In preparing these
financrdl stalemenls, the Trustees are required to..
select suitable accounting policies and then apply thom con515tently',
observe the methods and principles of the Charities SORP IFRS 102),.
make judgrnents and accounting estimates that are reasonable and prudent".
state whether applicable UK Accounting Stsndards IFRS 102} have bèen followed, subject to any material
departures disclosed and explained in the financi81 statements-
prepare the financial statements on the g(Nng ¢on¢orn basi$ unless it is inappropriate to presume that the
Charity ￿11 continue ill business.
The Tnjstees are responsible for keeping &Jequale accounting re¢ords that are SLrfficienl lo show and explain
the Charitys transactions and disc1050 Imlh reasonable accuracy al any time the financial position of the Charity
and enable them to 8nsure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Report8} Regulations 2008 and the provisions of the Trust deed. They are aso responsible for
safeguarding the assets of the Charty and hence for taking reasonabb steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Truslggs and signed on their behalf by..
K Peters
Chair of Tnjslees
Date..
Page 7

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 20rJ
Indopendent Examlnerfs Roport to the Trustees of Shogburyness and Thorpg Bay Baptlst
Church {Ihg Charity'l
I report to the charty Trustees on my examination of the accounts of the Charity for the year ended 31
December 2023.
Responslbllltles and Basls of Report
As the Trustees ol the Charity you are responsible for the preparation of th8 accounts in accordance w((h the
requirements of the Charities Act 2011 Ilhe 2011 Art).
I report in respect of my examination of the Chartys accounts carried out urKJer secaion 145 of the 2011 Act and
in carrying out my examination I have followed tha applicable Direction8 given by the Charity Commission under
section 14515)Ibl of the 2011 A¢t.
Independent Examlnetrs Statemonl
Since the Charitls gross income exceeded £250,000 your examlner must be 8 member of 8 listed in
section 145 of the 2011 Act. I confirni that l am qualified to undertake the examination because l am a member
of the Association of Chartered Certifi8J Accounlanls. which is one of the listed bodies.
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Stalomenl of Rocommended Practice applicable to charf(ies preparing their accounts in
accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
Preferen￿ to the Accounting and Reporting by Charities.. Statement of Recommended Practice is8u￿ on 1 ￿ri1
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to prowde a true and fair view in accordance with
lh$ General￿AcCepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in Connectic￿ with the
examination giving me cause to believe that in any material respect..
accountlng record8 were not kept In respect of the Charity as required by 8ection 130 of the 2011 Act,. or
the accounts do not accord wlh those record5,' or
the accounts do not comply wth the applicablo requirements conc@ming the fo￿ and content of
accounts sel out In the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'lrue and fairf view which is not a matter ¢onsidera as part of an independent
examination.
I have no concerns and have come across no other matters in connection wth the examinati￿ to which
attention should be drawn in thi8 report in order to en8bl8 a prtyer und￿8tandIng of the accounts to be reached.
Page 8

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 310ECEMBER 2023
This report Is made solety to the Charitls Trustses, 88 a boty. in accordance wf(h Part 4 of the Charities
(Account8 and Reports} Regulations 2008. My work has been undertaken so that I might slate lo the ChariV8
Trustees those matters l am requirod to slate lo them in an independent examinerfs report and for no other
purpose. To the fullest extent pemiitled by law, I do not accept or assume responsibility to anyone other than the
Charity and the Charitys Trustees as a body, for my work or for this re￿t.
s￿Jn￿J.'
Trevor Mccarthy FCCA
Venthams
Chartered Accountant8
Millhouse
32- 38 East Street
Rochford
Essex
SS4 1DB
Page 9

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Restrlcted
funds
2023
Total
funds
2023
To(al
funds
2022
Note
Incomefrom:
Donations and leg8cies
Charitable activitles
Investments
215,310
79,105
2.661
233
32,497
215,643
111,602
2,661
210,502
115,884
1.826
Total incom
297.076
32,730
329,806
328,212
Expendlture on:
Charitable ￿tMt￿$
377,245
41,948
419,193
422,388
Total exp￿dIture
377,245
41.948
419.193
422,388
Net expendlture before net
galnslllossesl on Investments
Net gainslllosse5) on investsment$
(80,169)
14,919
19,218
189.3871
14,919
(94, 176)
(18,254)
Net movement in fvnds
{65.2501
19,218)
174A681
(112,430)
Reconclllatlon of fvnds:
Total funds brought fo￿rd
Ngt movement in funds
2.311.488
(65,250)
48,507
{9,2181
2,359.995
174,468)
2,472,425
(112.430)
Total fund$ Garried forward
2,246.238
39,289
2,285,527
2,359,995
Page10

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
8ALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notg
Fixod assets
Tangible assets
12
2,050A85
2,090,566
2,050,485
2,090,566
Curront assets
Debtors
Inv8Stmenls
Cash at bank and in hand
13
14
29,378
106,192
114,305
47, 144
90.309
148,191
249,875
285,644
Creditors: amounts falling dug wrthin one
year
15
(14.833)
(16.215)
Net current assets
235.042
269.429
Total net assets
2,285,527
2,359,995
Charity fvnds
Restricted fLJnds
Unrestricted funds
16
39.289
2.246.238
48,507
2,311,488
Total funds
2,285.627
2.359,995
Tho finanGial statements ￿re approved and authorised for issue by the Trustees and SIgn￿ on their behalf by..
K Pete
Chair of Trustees
Dale..
Page11

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General Infom)allon
Shoeburyness and Thorpe Bay Bap115t Church is a regisl8red chartty in the United Kingdrxn. The
registered number of the charity and the principal office can be found on the company Information page.
Accounting policies
2.1 Basis of preparation of tinanei81 statements
The financial statements have been prepareil in accordance with the Charities SORP {FRS 102) -
Accounting and ReporÉing by Charitie8: Statement of Recommended Practic& applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK
and Republic of Ireland IFRS 1021 leffectNe 1 January 20151. the Financial Reportiro Standard
applicable in the UK arKI Republ￿ of Ireland IFRS 1021 and the Charities Act 2011.
The financial slatgmenls have ￿en prepared lo give a 'lrue and faif view and have departed from
the Charitie8 (Accounts and Report81 Regulations 2008 only lo the extent required to prowdo 8 'lrue
and fairf view. This departure has involved following the Charities SORP IFRS 102} published ¢Jn 16
July 2014 rather than the Accounting and Reporting by Charities: Slalement of ReC￿mended
Piaclice effeclive from 1 April 2￿5 which has since been wthdrawn.
Sho&buryness and Thorpe Bay Baptist Church meets the definition of a publK beneff( entity under
FRS 102. Assets and Ilqbililies are inrtially recogni8ed al historical c08t or transaction value unlgss
othermse stated in the relevant a¢￿U￿tIng policy.
2.2 Income
All income is recognisgd once the Charity has enliUemenl to Ihg incorne, it is probable that the
irtcome will be rec8Ned and the amount of income receivable can be measured rel￿bly.
The recognfcion of income from legacies is dependent on establishing enlrtlement, the probabilty of
eipt and the abilty to 881im8le with sufficient accuracy the amount receivable. Evidence of
enlrtlemènl to a legacy exists whèn the Charity has sufficient evldence that a has been left to
them Ilhrough knowledge of the existence of 8 valid will and the death of the benefactor) and the
execulor is satisfied that the property in question will not be required lo satisfy claims in the estate.
Receipt of a legacy must be recognised when it is probable that it will be received and the fair value
of the amount receivable, which will generally be the expected cash amount to be distributed lo the
Charity, can be reliably measured.
2.3 Expendlturn
ExpendTiure is recognised once there is a legal or K)nstructive obligation to transfer economic benefit
lo a third party, it is probable that a IransfeT of econom￿ benefits will be required in settkm@nl and
the amount of the obligation can be measured reliably. Expenditure is classified by activty. The costs
of each actmty aro made up of the lolal of direct costs and shared costs, including support costs
involved in undertaking each acb'vity. Direct costs attributable to a single ￿tIvity are allocated directSy
lo that actwity. Shared costs which contribute lo more than one actwty and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consislenl with
the use of resources. Central staff costs a￿ allocated on the basis of time spent, and depreciallon
charges allocated on the portion of the asset's use.
Expenditure on charrtable activities is incurred on direcuy undertaking the activities which further the
Charity's objectives. as well as any associated 8UPPOrt costs.
Page 12

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles (contlnuad)
2.3 Expfrndlture {¢ontlnuedl
Grants payable are eharged in the year when the offer is made excopl in those cases where the offeT
is conditional, such grants being recognised as expendf(ure when the condrtions att&hing are
fulfilled. Grants offered Subject to conditions which have not been met 8t the year end are rK)led as
¢ommiimenl, but not accrued as expenditure.
All expenditure is inclusive of irrecoverabig VAT.
2A Interest recelvable
Interest on funds held on deposit is induded when receNable and the amount can be measured
reliabty by the Charity., this is normally upon nolificalion of the interest paid or payab￿ by the
Institution vlth whom the fund$ ar& deposited.
2.5 Tanglble flxed assets and depreclatlon
Tangible fixed assets costing £250 or more are ¢apitali8ed and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fix&Y assets are initially re￿nised al co81. After recognition, under the cost model, langible
fixed assets are Measur￿ at Cost less acCumulat￿j depreciation and any accumulated impairment
losses. All costs incurred lo bring a tsngible fLx¢d a5s91 into 115 intgndod working Gondltion should be
induded in the measuromonl of cost.
Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of tangible
fixed assets less their residual value over their estimat￿ useful lives.
Depreciation is provided on the following bases-
Freehokj property
Fixtures and fillings
50 years straight line
1 & 20Qh Slraighl Line
2.6 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offer8d.
Prepayrnents are Valu￿ at the ￿OUnt prepaid net of any trade discounts due.
17 Cash at bank and in hand
Cash al bank and in hand includes cash and shtsrt-tèrm hlghly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar ￿coUnt.
Page13

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ounting poli¢ie$ lconlinued)
2.8 Liabllities and prov19ions
Liabilities are recognised when there is an obligation at the balance sheet date as a resuli of a p88t
event, il is probable that a transfer of economic benefft will be required in settlem8nl, and tho amount
of the settlement can be estimated reliably.
abilities are recognised ai the amount that the Charty anticipates il wll pay to s8tt1e the debt or the
amount it has receThied as advanced payments forthe goods or services rt must provide.
Provisions are measured at the best estimate of the amounts required lo settle the obligation. Where
the effect of the time value of money is material. the provision is based on the present value of those
amounts, discounted at the pre-tax discount rale that reflects the risks 5pecrfic lo the IKabllty. Thè
unwinding of lh8 discount is recognised in the statement of financial aclmties as a finance cost.
2.9 Financial instruments
The Charity onty has financlal a88ets and financlal liablllties of a klnd that qualfy as b88ic financial
instruments. Basic financial instruments are Initial￿ recognised al transaction value and subsequent
measured at their settlement value with the exceptson of bank loans which are subsequent
measured al amorUsed cost uslng the effèctive inlere8t methc(l.
2.10 Pensions
The Charfty operates a defined contribullon pension scheme and thè pension charge represents th8
amount8 payable by the Charity to the fund in respect of the year.
The GhaTity operates a defingd benefits pgn$ion sGhem¢. The sGheme is a mulli-employer scheme
whero it is not possible, in the normal Course of events, to identify on a consistent and reasonable
basis, the share of underlwng assets and liabilities belonging to individual participatin9 employers.
Therefore, as required by FRS17 'RÈtiremenl bènefits,, thè charty aecounls for this scheme as if it
was a defined contiibulion scheme. The amount charged tr) the Statement of financial 8Ctiirities
represents contributions payable to the 8cheme in respect of the accounting period.
2.11 Fund accountlng
Ggneral funds are unrestricted funds which are available for usg al the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not teen desunated for other
purposes.
De8ignaled funds comprise unrestricted fund8 that have been set aside by th8 TrL¢Stees for particular
purposes. The aim and use of trach d8signaled fund 1$ set OLrt In the notes to the financial
stalemenls.
Restricted funds are funds which ar8 to be used in accordance with specific restrictions imposed by
donors or wh￿h have been raised by the Charity for particular purposes. The costs of raising and
administering such fund$ are charged against the spècffie fund. The aim and use of each restr￿ed
fund is set out in the notes lo the financial statements.
Inve5bnenl income, gains and losses are allocat￿1 to the appropriale fund.
Pago14

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Incomo from donation$ and legacle9
Unrestrfctgd Restricted
funds
funds
2023
2023
Total
funds
2023
Donations
191,917
23,393
233
192,150
23.393
Legacies
215,310
233
216.643
Unrnsthcled R8Stncted
funds
funds
2022
Total
funds
2022
Donations
194,987
15,515
210.￿2
Income from charltable actlviti88
Unrestrict8d Restrrcted
funds
funts
2023
2023
Total
funds
2023
Community groups
Charitable rental income
17,934
61.171
32,497
50,431
61,171
79,105
32,497
111.602
Unrestricted
funds
2022
Resfncled
funds
2022
Total
funds
2022
Communty groups
Charitable rental income
19,633
58,669
37,582
57.215
58,669
Tot812022
74302
37,582
115,884
Page 15

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Investment Income
UnTestri¢ted
funds
2023
Total
funds
2023
Income from local listed investments
Interest receivable
1,142
1,519
1.142
1,519
2,661
2,661
UnTrstric18d
funds
2022
Tolal
funds
2V22
Income from thal listed Investments
Interest ￿tte￿ab]e
1, 103
723
1, 103
723
1,826
1,826
Anatysls of grants
Grants to
Institutions
2023
Total
funds
2023
Grants, Mission and Ministry
17.725
17,725
Grnnls to
Instrfutions
2022
Total
funds
2022
Grants, MisS￿)n and Mini8ty
17,700
17.700
Thg Charty has made the following mal8rial grants to institutions during the year..
Page 16

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of grants (continued)
2023
2022
Nam8 of Instltutlon
BMS World Mission
BUGB Home Mission
European Baptist Federatlon
Reach Out To The Child
CAP in Soulhend
Southend FoDdbank
Church Mission SOc￿ty
Ozanne Foundation
Steph&n Lawrence Day Foundation
6.000
5,250
500
1,750
2,500
1.100
250
250
125
6,600
5.250
2,500
600
250
17.725
17,700
Analysls of expendlture on charltablo actlvltlos
Summ•ry by fund type
Unrestrlcted Restricted
funds
funds
2023
2023
Total
2023
Mission and Ministry
377,245
41,948
419,193
Unreslricted
funds
2022
Reslncl8d
funds
2022
Total
2022
Mi35ion and Ministry
385, 759
36,629
422,388
Page 17

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCiAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of expandltur8 by actlvltlos
Actlvities
undertaken
dlrectly
2023
Grant
funding of
actlvltles
2023
Support
Total
funds
2023
2023
Mission and Ministry
244,425
17,725
157.043
419.193
Activities
undertaken
diTrcUy
2022
Grdnl
funding ol
&ctNvitses
2022
Support
Tot
funds
2022
2022
Mission and Ministry
263,210
17,7Ct)
141,478
422,388
Analysls of dlrect costs
Ml88lon and
Ministry
2023
Total
funds
2023
Staff costs
Depreciation
Staff training and expenses
Sunday8. srnall groups and discipleshlp
Misslon
Youth, children and families
Pastoral care and coun9elling
Accommodation
(Profrtllloss on sale of fixed assets
104,086
76,544
3,941
9,074
15,521
29,267
828
4.891
273
104.086
76,544
3.941
9,074
15,521
29.267
828
4.891
273
244.425
244.426
Page 18

SHOEBURYNESS ANDTHORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by actlvltlas {contlnuod)
Analysis of direct Costs (continued)
M￿￿￿0￿ and
MNnistry
2022
Total
funds
2022
Staff costs
Depreciation
Staff training and expenses
Sundays. small groups and discipleship
MIssh)n
Youth, children and families
Pastoral care and counselling
Accommodation
IProfil)lloss on sale of fixed assets
106,499
73,862
4,273
16,468
30,112
21.337
1,233
9,267
159
106,499
74862
4,273
16,468
30,112
21.337
1,233
9,267
159
263,210
263,210
Analysls of support costs
Mission and
Ministry
2023
Total
funds
2023
Staff costs
Off￿e costs
Accommodation
Governance costs
75,633
13,398
63.949
4,063
75,633
13,398
63,949
4,063
157,043
157,043
Mission and
Ministry
2022
Total
funds
2022
74113
14, 798
47,452
4,115
75,113
14,798
47,452
4,115
Office costs
AGcommoJation
Govemance costs
141,478
141,478
Page 19

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEPAENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent examlner's remuneration
2023
2022
Fees payable lo the Charitys independent examingr for the independent
examination of the Charills annual accounts
3,630
3,360
10. Stsff costs
2023
2022
Wag&s and salarigs
Social security costs
Contribution to defined contribution pension schemes
169,560
3,369
6,790
168,291
4,602
8, 719
179,719
181,612
The average number of persons employed by the Charity durfng the year was as folk)ws:
2023
No.
2022
Ministry s18ff
Operations staff
13
13
No employee rewved remuneration amounting lo more than £60,000 In ellher year.
Page 20

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
Trt￿tee$. remuneratlon and expenses
AS permltted by the Church's constilutvJn, remuneratic)n was paid to Trnstees for ministerial wort( wlhin
the Church. Rev David Mayne, Rev Joanna HelK8nbrand and Vidoria Baker.
Of people connected to the Trustees, Catherine Bannlster the Parish Nurse who is marr￿d to the Trustee
Graham Bannister. was remunerated accordingly.
The aggragale total of unr8Stricted donation$ ￿Calved by the Charrty from ils Trustees amountsd to
£24,26312022 - £22,159).
Durtng the year retirement ben8fi.ts wero accruing to 1 Trustee 12021 11 in respect of defined
contribution pension schemes.
11 Tangiblè flxed assets
Freehold Flxtures and
property
flttlngs
Total
Cost or valuatlon
At 1 January 2023
Additions
Disposals
3,176,069
437,096
37,111
18101
3.613,165
37,111
18101
At 31 Dttember 2023
3,176,069
473R97
3,649,466
Dapreclatlon
At 1 January 2023
Charge for th8 year
On disposals
1,131,512
61,921
391.087
14,623
11621
1.522.599
76,544
1162)
At 31 Oecember 2023
1,193.433
405,548 1.598,981
Not book value
At 31 December 2023
1.982,636
67,849
2,050,485
At 31 DeGefflber2022
2,044,557
46.009
2,090,566
P4e 21

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
13. DebtOf8
2023
2022
Due after more than one yoar
other debtors
20,000
20,000
Due wlthln one year
Tr&Je debtors
Other debtors
Prepayment8 and accrued income
4,364
5,000
20,014
5,670
21,474
29,378
47, 344
14. Current asset Investments
2023
2022
Listed investments
106,192
90,309
15. Credltots: Amounts falllng due within one year
2022
Tr&Je creditors
Other taxation and social securty
Pension fund ban payabl&
Other creditors
Accruals and deferred income
8.375
1,272
341
20
4,825
Q426
1, 778
151
5,860
14,833
16,215
Page 22

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Ststement of funds
Statement of funds - current year
Balance at
31
Galnsl Docember
(Losses)
2023
Balance at 1
January
2023
Income Expenditure
UnTestrlcted funds
Doslgnatgd funds
Felbwship Fund
Staff Development Fund
Premises Improvoment Fund
Book Shed
2,962
1.451
29,475
1,620
474
11501
11,451}
16.670}
11681
3,286
29,603
1.600
52,408
3,052
3S,508
31,677
{8.439)
58,746
Balance at
31
Galnsl D8cember
(L068e81
2023
Balance at 1
January
2023
Income Expend5ture
General funds
General Fund
Land and Building Fund
231,423
2,044,557
265.399
{306￿85)
161,921 }
14,919
204,856
1.982.636
2,275,980
265,399
{368,8061
14,919
2,187,492
Total Unrestrlcted funds
2,311,488
297,076
1377,246}
14,919
2.246.238
Page 23

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Statement of funds Icontinuedl
Balance at
31
Galnsl December
(Losses)
2023
Balance at 1
January
2023
Incomè Exponditure
Restrfcted funds
Saturday Club
S.H.A.R.E lincorpor81ing Parish
NutEiNJl
Match 17
Parish Nursing Grant
Youth Camp
Slay & Play
Church Weekgnd
Emery Legacy
Munch
Heart F.dge
Slniging For The Brain
Youth Wellbeing
Food Bank
Future Ministry
ECO Church
1,609
233
19731
2,288
7.275
11,580)
12,0871
11.5551
17051
11401
151
{4,529}
116091
170)
11,1081
14,1531
2,196
5.188
5.360
1.862
62
6,915
2,567
202
4,529
2.522
2,285
2.750
2,663
2,215
1,985
3.635
1,567
11,571
116
2,740
7,788
1,314
18,305
6A17
9,418
116.1521
(1181
48.S07
32,730
141,948)
39,289
Balance at
31
Galnsl Decembar
(Losses)
2023
Balance at 1
January
2023
Income Expgndrture
Total of ￿ndS
2,359.995
329,806
(419,193
4,919
2,285,527
Page 24

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Ststomgnt of fund$ Icontinugd)
ststoment of funds- prforyear
Balance al
31
Decembei
2022
BalanGg al
l January
2022
Trnnsfers
in/oul
Gainsl
(Losses)
Income Expenditu
Unrestricted
funds
Deslgnatgd
funds
Fdlowship Fund
staff
Development
Fund
Premises
Improvement
Fund
Household
Support
BcN)k Shed
2811
310
(t59)
2.962
2,511
32
(1,092)
1,451
18,825
14,887
(4,237)
29,475
5,030
1,678
(5,030)
(58J
1,620
24,147
21,937
(10,576)
35,
Balance al
31
D8cemtsr
2022
Balance al
t Jgnuary
2022
T￿nSfe
in/oul
Gain
(L(￿se5)
InG(Ime Expgndilu
Gengral funds
General Fund
Land and
Building Fund
306,CQO
253. 178
(313,262)
3.761
(18.254)
231,423
2. 10&478
(61.921J
2,044,&fj7
2,412,478
253, 178
(375, 183)
3,T61
(18,254)
2,275,980
Total
Unrestrlcted
funds
2,436,625
275,115
(385,759)
3, 761
(18,254J 2,311,488
Page 25

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Statement of funds Icontinuedl
Balan￿ al
31
December
2022
Balanco al
l January
2022
TMnsfe
Nn/oul
Gain
(Losses)
Income Expenditu
Regtrfcted
fund5
Saturday Club
Lunch Club
S.HAR.E
(incorporating
Parish Nursing)
Match 17
Church
Weekend
Emery Legacy
Munch
Heart Edge
SinLqing For Th8
Brain
1,457
1,661
212
(60)
(911)
1,609
(750)
4,003
(2,465)
750
2,288
7,275
7,275
3,362
9,360
9.588
3,097
15,303
(14,899)
(4.831J
(8,256J
{792J
(3,761)
4,529
2,522
2,285
1, 190
{50)
709
10,000
3, 12Q
18.305
234
(397)
(2,212)
(1,806)
50
353
7,788
1,314
18,305
234
Youth Wellbeing
Food Bank
Future Ministry
ECO Church
35,800
53,097
(36,629)
(3,761)
4a507
Balance a
31
D8cembei
2022
Balance at
l January
2022
T￿nsfer&
in/oul
G81
(Losses)
Income Expenditu
Total of funds
2,472,425
328,212
(422,388)
(18,254) 2,359,995
Page 28

SHOE8URYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YE4R ENDED 31 DECEMBER 2023
17. Summary of funds
Summary of funds- current year
Balan￿ at
31
Galnsl December
{Lossesl
2023
Balance at 1
January
2023
Income Expend5turo
Designated funds
General funds
Reslricled fund8
35,508
2.275,980
48,507
31,6TI
265.399
32,730
{8A391
{368.806}
141,9481
58,746
1187.492
39,289
14.919
2,3S9.996
329,806
1419,1931
14,919
2,285,527
Summary of funds - Prlor yoar
Balance at
31
Gainsl D8cembei
(Losses)
2022
881￿ce al
l January
2022
Tmnsf81
Inloul
Income Exp8nditu
Designated
funds
General funds
Restricted funds
24.147
2,412,478
35,8C
21,937
253, 178
53,097
{10,576J
(375, 183)
{36,629)
35,X18
(18,254) 2,275,98Q
48,￿7
3,761
(3, 761)
2,472,425
328,212
(422,388)
(18,254) 2,359,995
18. Anatysls of ngt assets bgtwegn funds
Analysis of not assats btheon funds - currgnt ygar
Unrestrlcted Restricted
funds
funds
2023
2023
Total
fund¥
2023
TarvJible fixed assets
Current assets
Creditors dua wllhln ¢J)8 year
2,046,762
214,309
{14,833}
3,723
35,566
2,050,485
249.875
(14,8331
Totsl
2,246.238
39,289
2,286,527
Page 27

SHOEBURYNESS AND THORPE BAY BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
18. Analysls of net assets betsveen funds Icontlnuedl
Analysls of not assets betwoen funds - prlor year
UnTrslricfed
fvnds
2022
ReBtiicfed
funds
2022
Total
funds
2022
Tangible fixed assets
Debtor8 due after more than one year
Current assets
Creditors due wf(hin one year
2,085,304
20,(KJO
222,399
(16.215J
5.262
2,090,566
20,000
265,644
{16,215J
43,245
Totsl
2,311,488
48,S)7
2,359,995
19. Pension commitments
The charity operates a defined contributions pension scheme. The 888e18 of the 8cheme are held
separately from those of the charty in an independently administered fund. The pensi)n cost charge
represents contributions payable by the charity to the fund and amounted to £6,790 12022 - £8,719)-
Contributions tolalling £341 12022 £1511 were payable to the fund at the balance sheet date and are
includ&J in credf(ors.
P￿e28