Charity registration number 1132797 (England and Wales)
RUISLIP BAPTIST CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
'• xeinadin

RUISLIP BAPTIST CHURCH
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Rev M Rowe
Rev D Dore
Mr C Rowland
Mr R Bawden
Mr C Gardner
Mr A Ingram
Mrs E Corrado
MrDTuft
Mr J Bawden
Mrs H Yarrow
MissA Davies
MrAZea
Mrs E Chong
Mrs T Oshowole
(Appointed 25 August 2024)
Charity number (England and Wales)
1132797
Auditor
Xeinadin Audit Limited
26 High Street
Rickmansworth
Hertfordshire
WD31ER

RUISLIP BAPTIST CHURCH
CONTENTS
Page
Trustees, report
Independent auditorfs report
Statement of financial acttvities
Balance sheet
10
Notes to the financial statements
11-23

RUISLIP BAPTIST CHURCH
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024.
"Do not store up for yourselves treasure5 on earth, where moths and vermin destroy. and where thieves
break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not
destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be
also.
(Matthew 6.19-21)
The Lord's faithfulness and love for our church was once again evident in 2024. For the first timè in many years, we
were blessed with a full staff team and for the first time in almost four decades we welcomed the arrival of a new
lead minister. Matt Rowe, and his family, Rachel, Toby and Reuben. It was very much a year of new beginnings and
preparations for a new season.
The major transactions in the year included the sale of one of our manses18 Oxford Drive), the purchase of Ihe
property next door to our church (128 Manor Way), the Complete painting of the church exterior, major renovations
and repairs to our remaining iwo manses and significant "catch up" expenditure on Health and Safety issues le.g.
Fire doors).
During the year, the financial reports to the members excluded the costs for the refurbishment of 47 College Drive,
the repairs to the roof at 2 Melton Close and the painting of the church building. These costs totaled ¢£94,000 and
Ihey were funded from the reserves we had put aside for these purposes. The members were informed that the
audited accounts for 2024 WOLJld include theses costs and, in consequence, the financial statements would show an
unusually large deficit.
Total income for Ihe year is £441,654 which is above budget and £31,515 above last year. Within this total, offerings
for the year are £332,031, which is c£3,000 under budget but is c£10,00013.2 /ol better Ihan last year. The year-on-
year increase in total income is driven by the c£10,000 extra offerings, the legacy of £5.000 received in June from
the estate of Betty and Michael Burke, and an increase in investmenurental income of c£20.000. The investmenu
rental income increase is due to the sale of 8 Oxford Drive and the reinvestment of the proceèds. This inGome
source will cease when we redevelop the Sidewalk.
As regards expendilLJre, total expenditure for the year is £S39,019 which is c£101,000 more than budget. This
expenditure overspend is mainly driven by the aforementioned c£94,000 spend from reserves. In addition, we have
incurred a c£20,000 overspend on chLJrch repairs and maintenance due to the 'catch up" on Health and Safety
Works (fire doors, etcl. c£7,000 of unbudgeted expenditure on 128 Manor Way (legal, new electrics and roof repair),
and c£8,000 additional spend across various areas. These overspends total c£35,000 and have been largely offset
by a c£28,000 underspend on pay, due to the vacancy for the Lead Minister role.
Taking income and expenditure together gives us a year end deficit of £97.365. In spite of this large deficit, our cash
position has increased year on year. This is because we have banked the difference in the funds received from the
sale of 8 Oxford Drive to the funds reinvested in Ihe purchase of 128 Manor Way.
As Trustees, we do very much focus on the financial "numbers" bul we never lose sight of the fact that we are not
overseeing a set of complete business numbers, as there is one large number missing from the accounts. That
number is the enormous amount of unpaid voluntary work that underpins everything we do and without which we
could not hope to extend His kingdom. Thank you for all the unseen work that is carried out by so many and the
generous giving of your time, your talents, your prayers and finances.
Let us continue to seek His provision and relain a thankful heart as we seek to "build a vibrant Christ-centered
community with a vision for extending His kingdom"
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting
and Reporting by Charities.. StalemÈnt of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021"

RUISLIP BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectives and activities
Public benefit
The trustees have paid due regard to guidan￿ issued by the Charity Commission in deciding what activities the
charity should undertake.
In order to achieve its principal objective of advancing the Christian faith according to the principles of The Baptist
denomination. the Church provides a variety of activities to its membership and to the community generally. The aim
is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as
living Lord.
Central to the work and wttness of the church is the provision of regular public services of Christian worship. These
services tske place each Sunday at 10.30 a.m. and 6.30 p.m. There are also occasional services at other times.
There is a full children's programme during the moming service. The church seeks to be a friendly and welcoming
community, and anybody is free to attend any of these setvices.
The church website ￿.rUiS11pbaptlstchurch.0rg gives comprehensive details of the church's actwtties, which
inGlude the following:
Approximately 20 "small groups" of people meet in the homes of members (or on church premises) to
facilitate the growth of faith and discipleship. Further detsils of these Gan be obtained from the churoh officè
orwebsite:
A group for preschool children called Action Tots meets on Wednesday momings during school term times-
Groups for young people aged 11-14 years and 14-18, providing them with Christian teaching and social
responsibility. The church also provides social activitiès for them, with meetings twice a week as well as
attending Christian festivals and other Christian events.
Groups to meet the needs of those in the third age and those who have additional needs. We provide
signed servI￿S and services for our deaf community.
The Café Connect group, which meets on a Monday morning and meets the needs of the elderly and lonety
in our local community.
For one week in the school Summer holidays around one hundred regular worshippers of the church of all ages,
staff a holiday club for seven to eleven year olds from the local communty. Beiween one and two hundred children
nomally attend this event.
Also, in the Summer Holidays. an event is nomially held over three days, called "Holiday at Home., for people of
fifty-five years of age and over from the local community. This is run over three consecutive days, with actwities,
speakers and a trip OLrt to a local place of interest.
Throughout the year we regularly attend local schools to lead assemblies and organise a number of seasonal
activities for primary school aged children.
After Christmas we hold a Senior Citizens New Year's Paty.
Other regular activities and events include: a craft club, a Tuesday Fellowship meeting. regular visits to lead
services in local Care Homes and a dad's camp. The purpose of all these groups is to assist the community and
demonstrate the love of Jesus Christ.
From time to time the Church runs courses in parenting and money management, and for people interestsd in
discovering more about Christianty we run courses entitled "Christianity Explored. and 'Alpha".
Infomiation is shared on social media informing the local community of our activities.
In addition to the above many individuals and groups meet with others to share their faith and support others.

RUISLIP BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Church operates systems to ensure that all people working with Ghildren and vulnerable adults are
appropriately vetted with regard to the Disclosure & 8arring Services.
Grantmaking
The trustees set aside from their number, including representatives from the church membership, a finance
committee that reviews requests for financial assistance.
During the year the Church made grants tolaling £60.25212023'. £78,966} to institutions. The three largest grants
were:
Baptist Home Mission {£14,0001- Home Mission is the way churches in the Baptist Union of Great Britain support
one another financially. Our gift is used to provide grants for a variety of ministries in and through Baptist churches
and support the work of the London Baptist Association.
BMS World Mission1£14,4201- is a Christian mission organisation working in around 35 countries. Our gift for the
BMS General Fund is used to support the ongoing mission activity of BMS and provide support for its disaster
recovery work.
Wycliffe Bible Translators1£11.2801 Wycliffe Bible Translators exists to make the Bible available to every people
group in the world. Our gift is specifically directed to provide personal support for Janet Sousler, HR Director for SIL
Francophone Africa Region in Mali.
Volunteer$
statistics are not rnaintained for the number of volunteer hours undertaken by the membership including the
trustees but, from anecdotal evidence, the fsgure is substantial.
Achievements and performance
Signific8nt activitios and achievements against objectives
The Church does not measure the success of its programmes only in numbers, including financial numbers, but
also in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to
measure but, due to the very hard work and commitment of our staff and volunteers, wé believe that 2024 was
another positive year in the life of the church, and that we will be able to pursue our mission purposes in 2024 with
continued enthusiasm.
During the year, our membership was 28012023.. 274}.
Average attendance at worship services has steadily grown throughout the year and likewise in the work with
children and amongst young people.
Financial review
The Church continues to raise the funds which it needs to carry on its activities from within its own membership and
congregation. No wider public appeal was made for funds during the year.
The ChLJrch expressed its part in the life of the wider church by making grants to national and international Christian
organisations and societies with Chrislian aims and objèctives compatible with the church's own charitable purpose.
The Church is heavily dependent on its membership working as volunteers in all aspects of the church's activities,
many of which run with little or no impact on the church's expenditure, but nevertheless contribule substantially to
the achievement of the church's objectives.
The financial results for the year, together with a summary of the accounting policies adopted are set out in the
accompanying financial stalements.

RUISLIP BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Reseryes policy
It is the policy of the charity that unrestricted funds which have not been designated for a specffic use should be
maintained at a level equivalent to bekneen three and stx month's expenditure. The trustees consider that reserves
at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintained throughout the year.
Structure> governance and management
The charity is an unincorporated chartty.
The Charity ts governed by an Approved Goveming Document, being a Constitution, which states that the principal
purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist
denomination to include the advancement of education, community service and such other general charitable
purposes in such parts of the United Kingdom and the world as the Church shall detemiine.
The Church occupies premises which are held by The London Baptist Property Board Limited, on Trusts which are
entirely compatible with the above object.
The trustees who served during the year and up to the date of signature of the financial statements were:
Rev M Rowe
(Appointed 25 August 2024)
Rev D Dore
Mr C Rowland
Mr R Bawden
Mr C Gardner
MrA Ingram
Mrs E Corrado
Mr G Jones
Miss E Jones
MrDTuft
Mr J Bawden
Mrs H Yarrow
Miss A Davies
MrAZea
Mrs E Chong
Mrs T Oshowole
(Resigned 24 November 2024)
(Resigned 24 November 2024)
Organisational structure
Members of the Church are accepted into membership in accordan￿ with the ConstitLrtion which requires Ihem to
have professed personal faith in Jesus Christ and to understand the responsibilities of church membership.
The members, meeting normally takes place six times per year and has responsibility for the overall policy of the
church. In acwrdance with the Constitution, the members appoint up to frfteen Trustees (one of whom is appointed
Treasurer), who together with the Ministers (who are also appointed by the members), and collectively known as the
Leadership Team are responsible for the day to day running of the chLtrch's work and witness, and the financial and
legal aspècts of the charity. All mèmbers are encouragèd to take an appropriate part in the spiritual and practical
tasks invotved in the furtherance of the charitable objective.
Relevant matters may be submitted to the Church meeting by the Trustees for guidance, or may be raised by
mèmbers in Church meeting for further consideration by the Trustees. Though the Constitution pemits decisions to
be made at Church meetings by appropriate majorities, the Church seeks to work by consensus wherever possible.

RUISLIP BAPTIST CHURCH
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Induction and training of truste8s
Upon appointment, each trustee receives a copy of the Constitution and thereafter meets regularly with the other
trustees for the purposes of performing his or her duties including praying for the membership and the future
direction of the church. The trustees are encouraged to liaise with each other and receive guidance from policy
documents available.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
statement of trustees, responsibilities
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and
application of resources of the charity for thal year.
In preparing these financial statemènts, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
obsèrve the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent-,
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the financial slatements., and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping sufficient accounting records Ihat disclose with reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulalions 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees, report Was approved by the Board of Trustees.
Mr C Rowland
Trustee
Date..

RUISLIP BAPTIST CHURCH
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF RUISLIP BAPTIST CHURCH
Opinion
We have audited the financial statements of Ruislip Baptist Church (the 'charity'l for the year ended 31 De￿rnber
2024 which comprise the statement of financial activities, the balan￿ sheet and notes to the financial statements,
including signrficant accounting policies. The financial reporting framework that has been applied in their preparation
is applicable law and United Kingdom Accounting Standards, including Financial Reporttng Standard 102 The
Financial Repo￿ng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted
Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charity's affairs as at 31 December 2024 and of its incoming
reSoUr￿S and application of resources, for the year then ended;
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice.
and
have been prepared in accordance with the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance wtth Intemational Standards on Auditsng (UK) IISAS (UKI) and applicable
law. Our responsibilities under those standards are further described in the Audtiorfs responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard. and we have futfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going con￿rn basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charivs ability to continue as a going
concem for a period of at least twelve months from when the financial ststements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements
and our audttor's report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on the financial ststements does not cover the other information and we do not express any form
of assuran￿ conclusion thereon. Our responsibility is to read the other information and, in doing so, wnsider
whether the other infomiation ts materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit, or othemise appears to be materially misstated. If we identify such material inconsistencies
or apparent material misstatements. we are required to detemine whether this gives rise to a material misstatement
in the financial statements themselves. If, based on the work we have perfomied, we Gonolude that there is a
material misststement of this other infomiation, we are required to report that fact.
We have nothing to report in thi5 regard.
Matters on which we are required to report by exceptTon
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 requires us to report to you if. in our opinion:
the infomation given in the financial ststements is inconsistent in any material respect Wtth the trustees,
reportr. or
sufficient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.

RUISLIP BAPTIST CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF RUISLIP BAPTIST CHURCH
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities, the trustees are responsible for the preparation
of the f1nancial statements and for being satisfied thal they give a true and fair view, and for such internal control as
the trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error. In preparing the financial slatements, the trustees are responsible for
assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going
concern and using the going concern basis of accounting unless the trustees either intend lo cease operations, or
have no realistic alternative but lo do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when il exists. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
A further description of our responsibilities is available on the Financial Reporting Council's website at.. https'.11
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
Other matters
Your attention is drawn to Ihe fact that the charity has prepared financial statements in accordance wilh "Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" las
amended) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued
on 1 April 2005 which is referred tD in the extant regulations but has now been withdrawn.
This has been done in order for the financial statements to provide a true and fair view in accordance with current
Generally Accepted Accounting Practi￿.
Use of our report
This report is made solely to the charity's trustees, as 8 body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees
those matters we are required to state to Ihem in an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other Ihan the charity and the charity's
trustees as a body, for our audit work, for this report, or for Ihe opinions we have formed.
Kieron Pearce FCCA (Senior Statutory Auditor)
For and on behalf of Xeinadin Audit Limited, Statutory Audilor
Chartered Accountants
26 High Street
Rickmansworth
Hertfordshire
WD3 1ER
Date..

RUISLIP BAPTIST CHURCH
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF RUISLIP BAPTIST CHURCH
Xeinadin Audit Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as
auditor of a company under section 1212 of the Companies Act 2006.

RUISLIP BAPTIST CHURCH
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted
funds
2024
Unrestricted
funds
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
398,678
27,003
15,973
390,280
13,744
6,115
Total income
441,654
410,139
Expenditure on:
Raising funds
Charitable activities
Other expènditure
5.494
527,329
6,196
427.873
13
Total expenditure
539,019
427,873
Net expenditure
(97,3651
(17,7341
Other recognlsed gains and losses:
Revaluation of tangible fixed assets
3,958
380,371
Net movement in funds
10
(93,4071
362,637
Reconciliation of funds:
Fund balances at 1 January 2024
7.781,222
7,418,585
Fund balances at 31 December 2024
7,687,815
7,781,222
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from conlinuing activities.

RUISLIP BAPTIST CHURCH
BALANCE SHEET
AS AT31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investment property
15
16
7,043,422
412,039
7,524,937
7,455,461
Current assets
Stocks
Debtors
Cash at bank and in hand
7.524,937
17
18
248
48.404
214,764
110.258
165,723
263,416
276,229
Creditors: amounts falling due within
one year
19
(31.062)
(19.944)
Net current assets
232,354
256,285
Total assets less current liabÈlities
7,687,815
7,781.222
The funds of the charity
Unrestricted fvnds
20
7,687,815
7,781,222
7,687,815
7,781,222
The fi
cial statements were approved by the trustees on .........................
Mr C Rowland
Trustee
Bawden
Trustee
10-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity Information
Ruislip Baptist Church is a registered charity Ino. 11327971 and meets the definition of a public benefit entity
under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless
otherwise stated in the relevant accounting policy notes.
1.1 A¢¢ounting convention
The financial statements have been prepared in accordance with the charily's governing document, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
and the Charities SORP "Accounting and Reporting by Charities.. Stslement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by
FRS 102.
Th? charity has taken advantage of the provisions in the SORP for charities nol to prepare a statement of
cash flows.
The financial statements have departed from Ihe Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Praclice for charities applying FRS 102 rather than the version of the Statement of
Recommended Praclice which is referred to in the Regulations bul which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving Ihe financial statements, the trustees have a reasonable expectation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been mel,
the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is ITeated as a
conting8nt asset.
11

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or construotive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement. and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activty are allocated directly to that activity. Shared costs which contribute to more than one actFvity and
support costs which are not attributable to a single activity are apportioned befween those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asseys use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of any
impairment losses.
Church premises
Manse premises
Fixtures and fitbngs
No rate provided
No rate provided
No rats provided
The gain or loss arising on the disposal of an asset is detemiined as the differen￿ be￿een the sale proceeds
and the carying value of the asset, and is reGognised in the statement of financral activities.
Depreciation is not provided on premises (being the church and manse properties) or fixtures and fittings. This
is contrary to Section 189 of the Statement of Recommended Practice: Accounting by Charities.
Fixtures and Fittings are held at their insured value.
The church has followed a practice of not depreciating its building assets since it first produced accounts in
1937. The church buildings, manse properties and 128 Manor Way are intended to sustsin the work of the
church over an extended time period and receiv& the benefft of regular investment to maintain their
serviceability and value.
This departure is needed to give a true and fair view and continues into future periods.
1.7 Investment property
Investment property, which is property held to eam rentsls andlor for capital appreciation, is initially
recognised at cost, which includes the purchase Cost and any directly attributable expenditure. Subsequently
it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in
profit or loss.
1.8 Impairment of fixed assets
At each reporting end date. the charity reviews the carying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairnient
loss lif any).
12-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Icontlnued)
1.9 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition. Items held for distribution at no or
nominal consideration are measured the lower of replacement cost and cost.
Nel realisable value is the estimated selling price less all estimated costs of completion and costs to be
incurred in marketing, selling and distribution.
1.10 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current118bilities.
1.11 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'other Financial Instrijments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statemenls, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement conslitutes a financing transaction. where the transaction is
measured al the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial1iabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing iransaction, where the debt instrument is measured al the present
value of the fulure payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt inslruments are subsequently carried at arnortised cost, using the effectsve interest rate method.
Trade creditors are obligations to pay for goods or services thal have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if paymenl is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognltion of financial Ilabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
Gancelled.
13

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
1.12 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices are
received.
Temination benefits are recognised immediately as an expense when the charity is demonstrably commttted
to terminate the employment of an employee or to provide termination benefits.
Critical accounting estimates and judgements
In the application of the charivs accounting policies, the trustees are required to make judgements. estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
SoU￿S. The estimates and associated assumptions are based on historical experien￿ and other factors that
are considered to be relevant. Actual results may differ from these estimatss.
The estimates and underiying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future pertods where the revtsion affects both current and future
periods.
Income from donations and legacies
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
Legacies
393,678
5,000
390,280
398,678
390,280
Income from charitable activities
Unrestricted
funds
2024
Unrestricted
funds
2023
Church services
Charitsble rental income
Other income
13,408
13,595
2,802
10.942
27,003
13.744
14-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from investment5
Unrestricted Unrestrlcted
funds
funds
2024
2023
Interest receivablè
15,973
6,115
Expenditure on raising funds
Unrestricted Unrèstrlcted
funds
funds
2024
2023
Investment management
5,494
15

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on charitable activities
Church
services
Youth &
mission
work
2024
Total
Church
sejvices
Youth &
mission
work
2023
Total
2024
2024
2023
2023
Direct costs
Staff costs
Manse rates and water
Manse insurance
Manse repairs and
improvements
Ministers, travel
Hospitalty allowance
Visiting preacher fees
Evangelism
Church insurance
Church repairs
Church fumishings
Church light, heat and
water
Youth work and mission
costs
108,525
6,806
1,038
55,633
164,158
6,806
1,038
121,940
5,687
1,847
40,735
162,675
5,687
1,847
86,200
414
787
659
7,530
6,437
46,798
4,082
86,200
414
787
659
7,530
6,437
46,798
4,082
16,613
1,077
2.628
338
8,942
7,352
14,219
4,006
16.613
1.077
2,628
338
8,942
7,352
14,219
4,006
24,863
24,863
14,596
14,596
13,603
13.603
15,583
15,583
294,139
69.236
363,375
199,245
56,318
255,563
Grant funding of activities
(see note 8)
60.252
60,252
78.966
78,966
Share of support and governance costs (see note 9)
Support
103,702
103,702
93,344
93,344
458,093
69,236
527,329
371,555
56,318
427,873
Anatysis by fund
Unrestricted funds
458,093
69.236
527,329
371,555
56,318
427,873
16-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
Church
services
Church
services
2024
2023
Grants to institutions=
Baptist Missionary Society - general
Baptist Missionary Society - relief fund
Home Mission Fund
Wycliffe Bible Translators (Janet Souslerl
OMF
MAF
EthiopiAidlHope Enterprises
Mission to Prisons
Moldova
Other
14.420
1,580
14,000
11,280
14,420
1,580
14,000
12,030
5,814
8,752
5,160
4,140
5,500
7,570
7,752
720
10,500
60,252
78,966
Support costs allocated to actlvltles
2024
2023
Staff costs
Flowers
Postage and telephone
Printing and copying
Subscriptions
Worship expenses
Other support costs
Governance costs
58,999
1,074
5,918
4,009
8,977
5,761
11,404
7,560
52,432
1,449
5,905
4,862
9,176
5,887
6,673
6,960
103,702
93,344
Analysed between:
Church services
103,702
93,344
10 Net movement in funds
2024
2023
The net movement in funds is stated after chargingllcredilingl..
Fees payable to the charity's auditor..
for the audit of the charity's financial statements
for other financial services
Loss on disposal of tangible fixed assets
5,220
2,340
6,196
4,740
2,220
17-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Trustees
Expenses totalling £28,87812023.' £1,151) were paid to 3 (2023: 5) trustees in the year.
The reimbursed expenses were for the running and funding of church activities. maintenance and travel costs.
12 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
11
11
Employment costs
2024
2023
Wages and salartes
223,157
215,107
There were no employees whose annual remuneration wa5 more than £60.000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2024
2023
Aggregate compensation
65,489
88,303
13 Other expenditure
Unrestricted Unrestricted
funds
funds
2024
2023
Net loss on disposal of tsngible fixed assets
6,196
14 Taxation
The charity is exempt from taxation on its activities because all income is applied for charitable purposes.
18-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Tangible fixed assets
Chur¢h
premlsos
Manse
prèmlses
Fixturès and
flttings
Total
Cost or valuatlon
At 1 January 2024
Additions
Disposals
Revaluation
5,257,741
2,070,000
257,196 7,584,937
4,527
4,527
(550,0001
3,958
1550,0001
3,958
At 31 December 2024
5,257,741
1,520,000
265,681 7,043.422
Carrying amount
At 31 December 2024
5,257,741
1,520,000
265,681 7,043,422
Al 31 December 2023
5,257,741
2,010,000
257,196 7,524,937
The church premises with a carrying amount of £5,257,741 were revalued in February 2024 by G M Easton
IARICS retired) not connecled with the charity on the basis of market value. The valuation conforms to
International Valualion Standards and was based on recent market transactions on arm's length terms for
similar properties.
Th& manse premises were valued on 8 February 2022 by Lakin & Co IARLAI on an existing use basis.
The fixtures and fittings are shown at their insured value.
The church is the beneficial owner (subject to the relevant trusts) of the church, 122-126 Manor Way and
manse premises, the Segal title to which is held by the church's custodian trustee The London Baptist Property
Board Limitgd.
At 31 December 2024. had the revalued propety assets been carried at historic cost less accumulated
depreciation and accumulated impairment losses, their carrying amc>unt Would have been approximately
£5,393,02912023- £5,393,029).
16 Investment property
2024
Falr value
Al 1 January 2024
Additions through external acquisition
412.039
At 31 DeGember 2024
412,039
As the investment property was purchased in the middle of the financial period, the trustees have not had a
valuation carried out at the year end. The valuation will be revisiled in the financial statements for the following
year.
The church is the beneficial owner Isubjert lo the relevant truslsl of 128 Manor Way, the legal title lo which is
held by Ihe church's custodian trustee The London Baptist Propety Board Limited.
19-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Stocks
2024
2023
Finished goods and goods for resale
248
248
18 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
47,524
880
110,258
48,404
110.258
19 Creditors: amounts falling due within one year
2024
2023
Other tsxation and social security
Other Greditors
Accruals and deferred income
5,386
1,350
24,326
3,684
6,570
9,690
31,062
19,g44
-20-

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Unrestricted fund5
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At31
December
2024
At 1 January
2024
Incoming
resources
Resources
expended
Transfers
Gains and
losses
Youth mission
Non-specified
fund
Missionary fund
Capital fund
Safe house men
Safe house
women
Tuesday
fellowship
Fellowship fund
General funds
2,538
2,538
1,625
12,899
109,944
1,604
(1,537)
2,000
134,4701
88
14,838
31,363
1,604
439
15001
{44,1111
330
1441)
2,000
1,889
1,214
4,556
5,859,631
659
7,844
432,712
1,B73
9,887
5,832,8g6
(2.513)
1491,4541
32,007
5,994,341
441,654
1539,0191
5.896,976
Revaluation
reserve
1,786,881
3,958
1,790,839
Previous year: At 1 January
2023
Incoming
resources
Resources
expended
Transfers
Gains and
losses
At31
December
2023
Youth mission
Non-specifièd
fund
Missionary fund
Capital fund
Safe house men
Safe house
women
Tuesday
fellowship
Fellowship fund
General funds
2,538
2,538
1,537
12.586
133,564
1,604
640
313
(266)
1286)
1,625
12.899
109,944
1,604
{12,5001
111,120)
193)
(577)
1,000
330
1,162
5,640
5,853,537
1,252
2,000
405.934
11,2001
13,0841
{410,246}
1,214
4,556
5,859.631
10,406
6,012,075
410,139
1427,8731
5,994,341
Revaluation
reserve
1,406,510
380,371
1,786,881
21

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Employee Benefjt Obligations
The Church is a participating èmployer the Baptist Pension Scheme ("the Scheme"), which is a separate legal
entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are
held separately from those of the Employer and the other participating employers.
The Scheme, previously known as the Baptist Ministers, Pension Fund, started in 1925, but was closed to
future accrual of defined beneffts on 31 December 2011. Prior to this date the main benefit provided through
the Defined Benefit (DBI Plan was a pension of one eightieth of final minimum pensionable income for each
year of pensionable Servi￿ together with additional pension in respect of premiums paid on Pensionable
Income in excess of Minimum Pensionable Income.
From January 2012, pension provision is being made through the Defined Contribution (DC) Plan wtthin the
Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6 % of members,
Pensionable Income into individual pension accounts, which are operated and managed on behalf of the
Pension Trustee by Broadstone Corporate Benefits Ltd. In addition, the employer pays a further 4010 of
Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance
policy which provides income protection for Scheme members rf they are unable to work due to long-tem
incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva
Limited.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. Because it
is not possible to attribLrte the Scheme's assets and liabilities to specific employers. the scheme is accounted
for as rf the Soheme were a defined contribution scheme.
The Ministers are eligible to join the Scheme.
A￿UarIal valuation as at 31 December 2019
A formal valuation of the Defined Benefft (DB) Plan was perfomied at 31 December 2019 by a professionally
qualtfied Actuary using the Projected Unit Method. The market value of the DB Plan assets at the valuation
date was £298 million.
The valuation of the DB Plan revealed a defiGIt of assets compared with the value of liabilities of £18 million
(equivalent to a past service funding level of 9401.1. The Church and the other employers supporting the DB
Plan are collecttvely responsible for funding this deficit.
The key assumptions underlying the valuation were as follows..
Type of financial assumption
°fipa
RPI price inflation assumption
CPI price inflation assumption
Minimum Pensionable Income increases
(CPI plus 0.75 /0 pal
Assumed investment returns
Pre retirement
Post retirement
Deferred pension increases
Pre April 2009
Post April 2009
Pension increases
Based on CPI wtth an annual floor of 00/0
and annual cap of 5/
3.20
2.70
0.50
2.95
1.70
3.20
2.50
2.70

RUISLIP BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Employee Benefit Obligations continued
Post retirement mortality in accordance with 80)/o of the S3NA standard mortality table, with allowance for
future improvements in mortality rates Irom 2013 in line with the CMI 2019 core projections, with a long term
annual rate of improvement of 1.750/0 for males and 1.501, for females with the core smoothing parameter and
with additional initial mortality improvement factorA=0.50/0.
The next actuarial valuation of the DB Plan wilhin the Scheme is due to take place not later than as at 31
December 2022.
Recovery Plan
In addition to the contributions to the DC Plan set out above, where a valuation of the DB plan reveals a deficit
the Truslee and the Council agree to a rate of deficiency contributions from churches and other employers
involved in the DB Plan.
Following the 2019 valuation a Recovery Plan was signed in Sepiember 2020 under which deficiency
contributions are payable until June 2026. These contributions were broadly based on each employer's
membership at 31 December 2014 and increase annually in line with increases to Minimum Pensionable
Income as defined in the Rules.
On 30 June 2022 the Baptist Pension Scheme signed an agreement with the insurance company Just Group
I"Just"I to secure DB Plan members, pension ben&fits. Just are now providing financial backing for all
pensions provided through the Scheme's DB Plan and following this transaction, the Scheme no longer has a
shortfall. An updated Recovery plan was then signèd in August 2022 under which recovery contributions from
each participating employer in the DB Plan reduced to £1 per month from August 2022.
22 Related party transactions
Other than those disclosed in Note 11, there were no disclosable related paty transactions during the year.
-23-