Market Harborough Baptist Churcb
Report and Accounts
for the Year Ended 31 December 2023

M*rket H*rborougkn Baptist Chllreh
Charity Information
Foy the Year Ended 31 December 2023
Status
The Church is a ReEiswa amrity and i5 8ffiliate4J to th¢ Baptist
Unl￿) of Great Britsin
ChaTIty Regigtr*tlm Nnmber
1132945
Charlty Trustees
R¢v C.S. Brow
Y. Durraot
A. 7Kmlak
M. BrowD
D. Few
M. Jones
C Gathercolc
H Gather￿￿
Ex Officio & Chair
Secretary until 25.05.23
Trusur
Appoititzd 25.05.23
Acting secretary. App)iuted 25.05.23
Ap￿l￿t$d 25.05.23
Address for Corre$pond¢Mce
25 Covetstry R08d
Market HarboTrwgb
LeicesreTshs
LE16 9BX
ItKlepettdent Ex2mlner
Callum D. Ve&sey ￿C.A.
Edward Thoma5 PeiTSQD & Sons
21, The Point
Rockingham Road
I£l￿tersb￿re
LE16 7NU
Page
Charity IDfoTtnatiou
Trustec8' Annual Rep
IndqKnd¢nt ExamireT'S Rq
Statemelli of FiJwirial.4ctivities
B&lanGe Sbe¢t
Note$ to th¢ Atcount$
24
8-14

Market Harborough Baptist Church
Tru5tee5' Annual Report
For the ended 31 December 2023
The Trustee6 pysent their report and f￿a￿e1a1 ststetllcnts of tbe chariry {'the Church") for the year ended 31st D￿enber
2023. The Tru$t¢&q hav£ adopt¢d ihe prow5ioLs of the Statement of ReeoJr.mended Pra¢ti¢e ISORP) "A¢countillg at
Rcporting by Charitie5" (FRS 10?) in prq>ariDg the aDDuai report and finatxcAai Btatements of the cbarity.
The fjnallciai stst¢mwts have b¢¢n prepared in ¥¢ordance with the accounting policie5 Set out in thc note8 to the
a¢¢ounts and ¢Dmply with the Chur¢h's goitrDitLg docutDen¢ tbe ￿arItieS Act 2011 aDd Accounting and Reportins by
CharitLes.' Slat¢m¢ni of R¢GoTnMend￿ Pwtice applicable to clJar.u&s preparing their accounts IJJ accordance with the
Financial Rcportiug Stalldatd app]icable ID the UK and Republic of Irelandpubli5h¢d in OctDb¢r 20L9.
Strnciure? goverDAn¢e 4nd m8tt*g¢D￿n1
The Chuwh is govern￿ by the Baptist Union ol Great Britain CoDstitlltion dated 12 Jun¢ 2022 and Teceives advice,
guidance support frorn East Midlands BaptisL A￿C[atiOn. It is an unincorporated dwity ftgist¢Trd with the Charity
Conunission for Englalld a￿l Wales. Th¢ Church Trns¢ee8 are twible for the 8overDancc of the Church and th6
fulfil￿ellt of its purpose.
The TrLJStees are appointtd a¢ a Chw¢h M¢TllbeTS' MeditL& They will always include the minist￿ and Church l£adersbip
comprising S￿retary and Trwurer together with any nll￿ber of other metnbers as agreal ot the Meeting. Each Trustee,
apart from the Minister, aDd Treasurer. shau be appointed for an iniiial three ye•r t¢m M'ith ihe DPPOttuniiy for
reappointment fo,- one further three year ierni. Any quaiifi•J to be a Me￿ber of tbe church shall be eligible for
appoilltrrlent unless dwu8Jificd by stalute. The Sectrtary and Treasllr￿ are appoillted aDnuaily.
Objectives ind 4¢tivltSe4
Market Harborough Baptist Church is a clLurch in the heart of Market H8rborough WI￿ love Jesus ond who lov¢ our
commurrity. The principal obj¢ctiTre of the Church is to prdctice the Christian fa]"th wyth integrity and ill ways that bless tbe
chur¢h family and the ¢OllllDunity. Tr Church abid£s by tht Dcclwation of l¥inriple of the Baptist Union of GTeat
Britain.
The Trusttts have complied witll the duty in S¢xtion 4 of th¢ Charities Act to have duc regard to the pub]ic bcnEfit
guidancc publisbed by the Charity ConJmi&9ion.
B&gring in mind th6 public bcnefit guidanc4 tbe main ¥tivitiu of the ch￿￿h atr lithl below..
- regular publie worship, prayer. Bible study. preaehing & teac]lln8
. the 5acramcnts of Holy Con)tnullion (tnontbiy) and baptism {on r¢qu&4t)
- evangelistn & mi&sion, locally, regionally) natitsnall) & iTite]nationally
- pastoral care & safegLwdittg
- spe¢ial s¢rbi¢¢s itcluding Wedd￿5. funerals & infant ble￿IDgS
- childrffl? youth & faTni]i£%' tninistries
. nurture & growth ot christi￿ disciple8 through small groups
- gTvillg of time, resource4 taiettts & Skills within tILC church family atKi community
- 8llPPQrting & ¢n¢ouragLng charitable SOCI￿ action in theUDited KiDgdotn & abroad
- workittg in partnffship with other cburches & de)￿￿(natiO1)S witkn"n thecomtllunity
. community 5UPPOrt groups such as Rcncw Wellbeing

Market Harborough Baptist Cbureh
T￿￿tee8, Annual Report
for the year ending 31 Decenther 2023
Achievemellts aDd PerfonllaDce
The Church has seen slow and steady 8roMth in 2023. welcoming new p￿PIe to the church family. includins new
n)embers and baptisms. The Renew Wellbeing c8fé a well establishe41 and very and welcoming commuuity of
aivund 30 ptoplt who seek to attend to thcir mcnt21 health and wellbeing togdher. The tafe also enjoys very strong links
with the lo¢al th"stri¢t wun¢il. GP surgery, mental ]Jea]th profe&sionals. srtial prescribers, ¢OLmselling ceutre and other
voluntary organi5atiQTLS Within tow). The Gafr is thr secor.d largest referrer of foodballk iequE5ts.
Small group ftllowship ¢ontiThues tt> be a vital part of the discipleship of the church, w4th new people joini]Lg existing
gTOUPS, so that now approxin)ately 75010 of the church faDJiiy belong to a wup, The children within the church
family and within the comrnunity have been supportcd by anii Friejkds pre-school gmup {week]y) and M￿sY Church
pritnary school 8roup (¢very 6 w¢eks), both ar¢ wdl atteod&J. The pastora] hav¢ continued to provide for the
mosi Nvln¢rable within the ehur¢h family thtough visit& traLspor¢ call5. advice aud other types of help aud support.
The Pastor continues to lead the Church with visiott as w¢ll as ￿lti8 involv¢d it) many different wups and ministries.
The Pastor continues io serve the commutiiry as the Chair of the minisi￿5. Fello￿￿hIp ￿thin thc to￿ which is a support
netWOL'k for ChristiarL mini#¢rs fro]n ail Strearns of the Christian faith. The P&*or also Fthed up the team for Easter tive
on the Square, a n¢w fr¥tiTr71 for th¢ to cel¢brate ￿er in 2024.
The Chur¢b. through praver and fiDanciai 8ivin&. contimies to be self-suslaining 2nd 1$ in a finan¢ially h¢a]thy ￿8]tiOn.
Furth¢rtllOTe, th¢ Church has supported the ongoiDg work ar￿1 miJJis¢ry of Cbristiao organi4tions such as BMS World
Mission, Tearfimd and EMBA Homc Mission in their WOTk IDcaily> rtgionally) natio[￿llY and Lilte￿atiO￿ally. A5 a Church
we are thaDkful attd grat¢tul to a]1 who h•'e supported the ivork of MHBC spiritually. practicall) and financially duTLng
this p&8t year.
Flnan¢l41 revlew
Totsl ineoming re8OUT¢es for the year alllounted to £115,696, of whieh £112,671 were CDmpl&ely unrestricted. Th¢
omplctcly unrEslriGteAJ iDcome was increased trojn the previous year, w olF¢riogs and ha]1 ralts in¢r¢ased. There was no
d¢sigllat¢d income th]'s year whereas last year included £50:636 from Wa]ton Baptist Ch￿1 elosure. R&stricted fuud
illcome remairLed ￿1". the￿ ore ats Tnajor pIojerts undenvdy at thepresetLt tiTDe.
Exp¢tiditur¢ for the year was £125.432, of which E3,028 was from restsided funds rn*thing th¢ inGorn£ raised Mithin th¢
Specific Caus68 fut]d in the year. General u]Jre*ri¢ted fimd expenditur¢ was £l?1.045. an increase on the prewous ytar
mainly due to the replacement of the rhuTch hrating syste￿. D￿lgllated fund expenditure of £1.359 is Jnainly due to
spending fron tbe Walton tiind on Alptm.
Therefore, the net expenditure for the year was £9,736. As a re&di, tota] fi]nds incTea%ed by this amounl to crtd thc year at
£1,303,469 of which £60,313 12022.. £68,687) reprtsents getteral fvnds wlll.cb have not been designated for a spccific
purpos¢.
The overall result for 2023 iy a defKit of £9,736. A def￿1t hag ¥Jrfsell the dÈsignatwl ullrestricted ￿ndS of £IJ59
the restricted fund5 of £3. The general llDrestri¢t¢d fv￿d$ sboFed * defi¢4t of £8?74.

mark￿ Ilarborough Baptist Church
Trn$tee$' Annu*l Report
for the year ending 31 Deeember 2023
Re5erve8 poiiry
The Chureh rffjuires getteral reserve& that is fimds that are freely av8ilablc w s￿d in fllrtbrrdnce of its objects, to
provide cover against any future deficits.
The TTUStees b¢lieve thai a level of general reserves equiyalent to ￿ Iwt three rnorlths expenditure should be sufficient
and apprtspri8te for the needs of the Church. This is calculated to be in regioD of £23,(KX) so the levtl of general
reseTres at 31 Decernber ?023 w be slightly bui in view of a budgettsl defi¢it for 2024, du¢ mainly to the
replacement of the church perimeter this l¢v¢l of Jeseryes may be require<L The Tntstees Mqll continue to reNryew the
]x)sition at regular inter￿￿S.
This report wa$ approved by th¢ T￿￿￿9 on 16th May 2024 and ontheir behalf by:
AngelaZemlaL Treawrrr
aiff Gathercol< Acting Se¢r¢tsry

Independent F.xaminer's Report to the Tru5tee5 of
Market Ilarburough B¥pti5t ChurLh
report lo the charity IfLISILes on my examinarion of the accounts of the charity for the year ended 31 st
December 2023 whicli are s¢1 out on pag¢% h ¢0 14.
Re5pon$ibilitie* *rtd bAsis of report
A% Ihe charity's Irustee5. the membeis of the Leadership Team are responsible for the pieparation of the a¢coiini8 in
accordaiice with the iequir¢Tnents of the C.hJTilie% Aci 2011 I'the Act'l
I report in respccl ot'my examination of the charity'5 acc()unLs carried nut und¢r.%¢¢lion 145 ()r IhL' ALI and in Larrying out
my exainination I have followed all the applicable Directions given by the Charity Commission under section 14515}Ibl of
the Aci.
Independenl examin¢r s $tat¢ni¢nt
I have completed my examination. I confirtn that no material tnatter5 have cotn¢ to tny attention in
onneciion with the examinaiion givinx me cause to believe that in any maierial respeci..
accountinx records were not kept in respect of the cliarily as requirtd by section 130 of the Act,. or
the accounts do iiol accord witli those I'ecords., or
the account% do not comply with the applic2É ble reqU1￿M￿nIS conceming the form and conlenl of &ccounts
set out iii ihe Charities (Accoun15 and Reports) Regulations 2008 othei. than aiiy requirement that the aLcounis gsve a
'true and fdif VILW ivhiLh is noi d matlLf LonsidLred ￿ part of dn indepLndent examinaiion.
I have no concerns and have come across no other mailers in connection with the examination io which attention should be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
Callum D. Veasey
Dated
16th May 2024
For 2nd on behalf of..
Edward Thomas Peirson & Sons
Chartered Accountants
21, The Point
Rockingham Road
Market Harboi'oiigh
Leics. LE16 7NU

MArket Harborough B%ptist Chureh
Statemertt of Fln*nciAI Acti￿tte5
For the Ye•r Ended 31 December 21123
Gener
l)¢sigtt¥ted
UDrestrl¢ted Ullrestrlettd Restrl¢ted
FHnds
Fund8
Total
FuDd5
2023
Total
Funds
2022
Note
]NCOMING RESOURCLS FROM:
DoJJ8ti1)ns, pledg¢6 & rylts
Church activities
Inves¢mettts
2{a)
97.034
14.975
3.025
Ilx),059
14.975
662
142,756
11,312
119
21c)
Total inethne
3,025
115,696
154,187
EXPEtYDITURE ON:
Charitable aclivitics
Church activities & administration
10.970
110,075
3,028
13,998
111,434
16,203
86,226
1.359
Totsl expenditure
I21,(￿5
.359
3.028
125,432
102.429
N¢t In¢omel(expeDdffiturel
{8.374)
(l J59)
(3)
19.7361
51,758
Transf¢r8 b¢twecn fvnds
Net movem¢rtt iti fu￿d5
(8.374)
(1,3591
{31
{9.736}
51,758
Total fimds brought forward
68.687
1.244.515
1,31),205
1261,447
Total fund5 t*rrléd forwird
12
60,313
1.247 }56
1,303,469
1313,205
All ijjcome attd expenditur¢ d¢rive fr(Nry continuing activihes
Movement8 on rd%thwes And all recognised gains and lo￿ art abovc.
Thc DotL¥ ￿ pas￿ 8-14 fi)￿￿ part of thrsE acc(NJllts.

M4rke¢ Harborough Bapt15t Church
Balance Sheet
S At 31 De¢euther 2023
Nole
2023
2022
FLXED ASSETS
Tattgible ￿ets
1200,717
1.202.305
I,21X),7I7
1,202,305
CURRF.NT ASSEIS
Debtors
Cash at ba]Jk
5,626
106,538
4573
Jll,687
io
112,164
116,260
CURRINf LIABILITtES
Creditor5". Amounts fa]ling du¢ withi"D one yeor
li
9.412
5,360
Net current assets
102.752
iio,
F4ET ASSETS
1,303,469
1,313205
CHARITY FUNDS
12
unrestr1￿cd funds
Gener31 funds
DeSi￿ated funds
60313
1,243.156
68,687
1244515
1.303,469
1,313,202
Restricted tunds
TOT AL CHARITY FUhDS
1.313,205
Approved bythe Thurch Tnjsteu and signed on theirbeha)f on 16th May 2024 by..
ATLgcla ZendaK Tr6a5urcr
Cliff GatherGole, ALting Secretary
The ttotts on paEe S-14 form part of these accollllts.

MArket Harborough Baptlst Chwr¢b
Triotes to the.4£cO￿llts
For the Ye*r Ettded 31 December 2023
Atcoulltlll8 Polldes
a) The Churdj constithles a publio b￿fit CDtity defined by FRS 102. The firtamal statalleftts hav¢ b¢A pr¢par
ill accordance with Accounting atyl Rep)rting by Chartbe5: Strte][￿t of Re¢ojtsmend￿ Practice applicable to
aritiey pre￿rIng their accounts in ￿Ordance with the Fitlancial Rq￿tiEJS sta[￿ard a￿[]￿bIg ll) the LX
Ryblic of ITeland IFRS lir2) issued ill OctotKr ?019 "SORP (FRS 102)", the Fillancial Rwrtitig Standard
applicable itt tb¢ Ll( a[￿ Republic of ErelaDd (FRS 102). aud the Cha[iti￿ Act 2011 and UK G¢n¢raJly Awl
Prnctic¢ as it applies fro]n l January 2015_
The fillartcial statemeJit8 bave beetk ]xepaTed to gi￿ a ￿ aJLd fail vie￿. awl h&i'¢ departd from the Chariti
{A¢wullts &td Re￿rts} Regulation8 2(M)8 onty ts) the ex￿1 Tawar￿1 to Jxoyide & 'truE and fair Triew.. This
departure h&s ￿m)I￿rd foltowing the Accouutitjg aDd by Cbariiies.. SiateJDeDt of R¢comrnoded 14actice
applicable to th8rits¥ preparillg their accoujts th ac¢ordan¢e w.th the Fiothcial Rewtlng Stsndard appli(xbl¢ in
tbe UK and Republic of IT¢land IFRS 102) in O¢tob¢T 2019 Tathw than the A￿￿￿tIng and RepDrtiaJg by Charities..
ststemekntof Rett)mmended PracticeetTective from l April 2W5 Thhith nas $i￿c￿
The fitthncjal ststements have been pro)gred on a goiDE b&sis under the hi¢￿tiCAl ￿8t convention,
dified to include cert8iti items at fair th¢y are preRntrd in swling wbith is th¢ fi]DCtiODal cutren¢y of the
Church a￿d routtded to the tteatt8t £. The iticlude all transa¢tion& ass&s 8nd lithiliti& for
which di¢ Church is ￿￿tI51b1¢ itl Jaw.
Thc going co￿trn b45is is CO￿51d￿l to b¢ thB Clwrth's income stream is contittuin8 at a
sailstww leiFI.
Th¢ sigDificaDi acwuntiDg wlicie¥ applid in thepryaTrtion of these fiDall¢ial staiements are set 0￿below. Thf6e
)licies have been consistent]y applied to atl yeaTS UDlg5s othe¥wise stat
bl Funds
keJtrictedJtsn&Y comprise reVi￿￿e (knabons or grnnts for a Chw¢h iDtended by the donor a
fimds Tais¢d by th¢ Church for p&t]¢u1￿ ￿ry￿ses. 11lJ¢tt th&s¢ fuDdq hav¢ unspthi baJan¢&% inl¢r¢5t on th¢iT
ol¢d investment is ap￿rtioned lo the ]Ddividu￿ fujjds on the ayerdge b3JanrebBsi5.
DesigAa¢edfvndg Bre generas funds set a5ideby the Clturth for & srEcific put￿￿ they r￿litt uttttstrlct￿ and the
Church may tnov¢ any SllTplus ￿0th¢¥ g￿¢r2) funds.
un￿trIcIedfv1￿¥ aYegenern] Hthi¢b may kustrj by thechurch in oj￿L¥8￿￿Of its g¢o¢ra] ￿j¢￿tives.
cl Incom¢ r¢£oBnition
Its￿e is included in the StatLiiient of Financial Activilies the Cburch is le8alJy to the Inc￿m￿ any
forn]ance conditions have bea] Tnet. the a￿Ount can beTne￿￿ Teliablv aDd it is ptthablc That tbe iticojne will
be r¢c¢]￿l, If rA)nditiolls are atknched to a graDt or donation 3nd thii reqiir&s a level of F*rformance before
eotitlement can k obtsin&l the r￿￿l(lon of the inc<Mne 18 d¢f¢fred until tiiost condiii0115 are ful'.y meA or th¢
fu1fth￿t￿l vf those conditiOJL8 is Withill the eontsbl of theCIArity and il is PAobable that they ￿11 be fuln1￿.
retullds under the Gift Aid Scheane are recogDised in the WiLThI in which they are recMvdl. Gifts in kind
dotta￿d for the us¢ of th¢ Church rfcogDis¢d io ir*com¢ & their fairv¥lue, that b¢iog the ￿e of the gift lo the
Church, at the y>int they gajn L7mtrol Ov￿ th￿). with an cqui>Mla)i ￿￿unt king T¢cognis¢J as a Com￿11¢￿1 of
X￿iditure. Gitb iti killd dona*cd for resale ate re£oglli8ed when ￿)Id due to the impraciicality of 0￿inIng a fair
value fDr thetn wbeD donaittL Otkn￿ ryndTtising incotne ts reco￿1S￿l Wh￿ atitlallent h2s occurral. All incorning
re60urcts 8T¢ ￿COun￿l forgro550f aDyr¢lated elp￿dI[￿ra
No amountts included in t￿ financial statthnthts f0rvolun1e￿ ttme itt h.the with th¢ SORP (FRS 1021.

M*rket H*rborough B*ptist Church
otes to the Accounts
For the Year Ended 31 Deeember 2023
d) ExPe￿I(￿re recognition
All expeoditure is aceourtted ftr oll 80 attruals b&%is aDd is rwise4 gr￿S of ally aTuwnt$ wverabl< where thcrB IS
&16g&l or ¢onstruetive obhgation to make p&ytllents to third parties, il is wobable thai settlernEDt ￿11 be Tequired aDd Ibe
amount of the obligati(*J ¢an b¢ me&sured reliably. As the Churcb is not VAT wstered the exp¢DditUT¢ ill¢lud¢8
itrttoverdble VAT.
El Tangiblefvedassets
Tangible fjxed assets ate capitalis¢d if th¢y ron be Us￿ fff thore thall one year aDd have a cost of at least £1,(￿. No
depreci&tiOll i$ provided on freehold land 8Dd tmildings and ¢kprttiatioll on equipment and fi.¥bJres is Charged at 2W,.
Debtois ￿nd¢redItO￿¥ reCei￿able]PaYable withlfi oneyeor
D¢btor$ attd credit￿5 with no stated intffttt rate and Teceiyable or payabl¢ wthin one year are recorded at transA¢tion
price. kny10sKs arisiog from itt)pairtt)enl sre recogttised iti eXp￿dit￿re.
g) Grap￿PaY￿bIff
Gr8Dts payable are ollty recognisryj ill the whth) a rowmittrJ)cnt has been made alld if condstiolls are attach&1 to
a graDt or donation which requires a level of perforn)auce before ¢ntitiemerJt be obtained the tttO8nition of
cxpellditure is def￿r￿ until those c¢ndition$ aT¢ fully met w th¢ fv]fth&)t of those conditions is within thE control of
the Church and il is probable that they tbeywill be hlfilled
h) FiF￿￿tel&1 In¥truments
The thurch only ha5 fjnancial ￿ld financial liabilities of a that quA]ify as b&8ic finattci21 illstrllments, all of
which arc m¢8sur&l at tsallsaction value.
In¢omltt2 Resources from:
G¢Ner41
Dcsignatrd
Umrestrkted Unrestricle41 Restrleted
FvRds
FuDds
Total
Funds
21ll3
Tot&1
Funds
2022
al Donation6J Pl￿g¢S & grants
Offerings
Dollations & other in¢on)e
TaK T¢COV¢Ted under Gift Aid
Spurgeons
TearfL'nd {Harv￿tI
OpeTation Agri
B.M.S.l Home Missioll Boxes
Tn¢norium
Churtie8 Ti>gether UJLity seThice
Walton chap¢l c105ing ￿OnIeS
79,8iO
5,578
10,946
79,850
5.578
10.946
741
770
66,425
10,060
12,615
741
770
669
761
1,155
915
915
50,636
97.034
5.￿25
100,059
142,756
Incom¢ of £1,865 from donations, pledg￿ and gr8nts ID 2(rr2 w8s Ksirictcd.

Marke¢ Harborough Bapt15tClJurch
Note5 to the Aeeount5
For the Year Ended 31 December 21bll
Incomillg Rtsoure
from (contilluedl:
GtnerAI
De5igoated
Unrestricted Lnrestrlcted R#¢rltted
F￿lld$
Fwnds
Total
Fund¥
2023
Totgl
Fund5
2022
b) Church Wivities
R¢nt for us¢ Of halls
Coffee mornings
Small fundrai8ing acti￿tte8
Café stwk sold
Focus wup
P8Storql ev&)( & Church trips
J171M
12.71X)
9.244
632
632
280
1.788
1.643
1,6A3
14,975
11,312
There was no restrictcd income fr¢xn church a¢tiwtie8 in 2022.
¢) IllTre8tments
Bank & otb¢r ititere8r
HSBC COMpeTL￿tiO
ffi2
662
662
662
119
was no restricted itLCUn¢ fr(Kn investments in 20Y2.
Expendlture on..
CeDer#l
Deslgll*ted
Lnrestrl¢ted Lnrestricted R¢s¢rleled
FuDds
Fynds
Tfjt¥l
FuDd8
2Q23
Total
Fun
2022
CharitÈble activiti￿.
Spurgeons childca
B.M.S. World MissioJL
E.fvI.B.A.
Church¢% Together
Operauon Agri
W&lloJL Tithe
TEartulld (Haryert)
741
575
342
741
6,060
5.827
435
4,781
4,877
441
669
5,(XlO
5.485
5.485
770
10,970
3.028
13.998
16,203
Church actiViti¢8 & adtlljlli5trati￿'.
Upkeep & renov&tion of premis¢
Ministry
Mall8¢ expefjs
Focus ￿0Up
Administration ¢xpens¢s
Acljviiy t￿￿￿se&
Other expetsses
Govern8nG¢ ¢osta { tJ(tr 41
41,3?
29.wl
9,227
16,800
31.797
9,397
25
23.532
2,156
251
2.268
29,991
9227
25
94.228
1.334
4,184
1017
2,017
I10,W15
1,359
111,434
86,226
Exp¢nditure 2022 iticluded the followng arn(MJnts attributhble to Tzstrict¢d fund4 Charithble 8ctivitie8 £1.862.
io

Market H8riN)rou%h Baptlst Cknurch
Notes to the AccouDts
For the Year Ended JI Decewiw 2023
Trtal
FuDdi
T¢Mal
GovtrttarLCe Coyts
GeJber81
Destgnaird
Lthrtstrlded U￿￿￿￿$t￿d Rutrir¢cd
2023
2022
Vndewdent exaJtiin¢lgmnUJW8tion
1.452
565
1.452
565
1,380
888
2.017
1017
2,268
IndepeDdert ExAThlntr'$ RtmuD¢r¥¢S0
The1￿1 ¢xatyitst<$reD>uDerntioncoAL4iStd of ￿MirAtiD￿ fee of £1,45212022.. £IJ801.
Trust￿ attd Key MwemelltPersonDeiRtmulleratloll #Dd Expewel
Reverelld C.S. Btt)wn. a iN￿t￿, has ree¢iYed a stipe￿[ for bis ctDplo}ryr￿Dt JninisteT rnthcr tham as A trostse which is iwlud¢d in the
figur£9 at Note 7. athli#oD the tijitiisier atsl two otFtrTnIs￿ ￿cell￿] rei1r*u￿ exp￿9£8 totaUin8 £4.5YI12022..£L365}. Th￿e
expenses WeTe for fjjitiisty. c1K￿ch ￿tivitieS, 24lllpo￿l & fÉxw trAveJ, wperty tDa1ll*lla￿e. cour&cs alld ttaLD11￿ Stauotttty
Staff CD8ts
2023
2022
Gro￿ WaP￿ Bjjd MipuNI
Ew]oy¢rs National Insurawx
Pensioncosts
36.078
35,329
3,361
3,167
39.442
38,496
The ivernge of ¢mplo)r¢5 for th¢yearK% 312W22..3)
Free1￿Id Ftsturu
Prw)thles Equlpmpnt
TAu8iblc As*¢ts
Ai l ja￿￿Y 2022
Adaition
Di$￿￿41S
1207.946
Ai 31 D¢ceth2022
L200,(KFD
7.946
1.207,946
AccwTwloteddepreciaiion
At l J&nuary2022
Char¥¥ hrthe year
WritteDoff orLdL￿OSal
5,641
1,588
5,641
1,588
At 31 Dccc]Dber 2022
7,229
7229
Netbotsk vaJuE
At 31 December 2022
1,2(M).(KlO
1.2W.O
717
1.200.717
1.202,305
Al L Januw2￿22
2J05
The freEhold piCV&tieg Lompri$e Chutcb laTKJ I￿1￿11￿ aTrl ihE la]*1 atkl buildirtgs. were revalued for
itLYUTaryce puryos¢s on 31 D￿embEr 21KJ6 a￿1 thiy valuotinn l(Jwrch £950.(th. MHti5¢ £250.0001 was takea as d#m¢d ¢4$t on
tr41ll511ion to SORP IFRS IiY210]J l J￿)Uary 20I5, are subwuenl athjill0￿. Tht oIiwal Cost of th¢ CJyJr¢h land buildillgg
was £4.500. Tkn ChuTth wa6 valucd for i]L$uT￿pu1[￿w5 inm4￿h2o22 al￿]ts JEINJiid valu¢ itKluding ￿t￿tt5 was £3.243,613.
li

Market Harborough Baptist Church
ote5 to tbe A¢eounts
For the Year F.nded 31 Deeember 2023
Debtors
21J23
2022
Prcpaid expcn5C5
AccruEd income
Oth¢r debtors..
Hall rents
5.035
3,622
591
951
5,626
4,573
10 Cash at Bank in Hand
2013
2022
Bank & Building Society ￿COunts
106,538
111,687
106,538
111,687
11 Creditor5: Amounts falling due wlthln OD¢ y
2011
2022
Accruals and deferred income..
Independcnt exarllination fee
Utiliti
HMRC
Oth¢r creditors
Due to BMSILMBA
1.452
1.380
426
I,L48
766
1,640
1.217
2.192
3.711
9,412
5,360
12

M#rket H*rborouRh Baptist Cburch
Notes to ibe Acci)unts
FOT the Year Ended 31 December 2023
12 Movement of Funds
BalaDces at IntomiThg
l Jan 2023 Rewur¢es
Roourees
Tnn5fers & BAlance5 at
￿￿ellded Rev￿￿&1￿0￿$ 31 Dec 2023
R￿lrICtEd Fup]ds
Building Reservc
Specific causes
3.025
{3,028)
3,025
(3,028)
UFtr&trÉcledFunds (Da57gnoied)
Church Land & Buildings
Manse
Focus group
Ministy Walton
950,000
250.000
255
44.260
950,000
250,000
230
42,926
(25)
(1,334)
1.244,i15
{1.3591
1243,156
UnrcFrrieiedFury4ts (GÈneralJ
Unre8tricted Funds
68.687
112,671
(121,0451
60,313
68,687
112,671
(121.045)
60,313
Unr&vti7CtedFwidy (Total)
1.313.202
I l1671
(12? 404)
1,303.469
TOTAL FUNDS
1,313205
I li,696
(125,432)
1.303,469
Restricted Funds arc fithds that ¢at) only b¢ exp￿￿ on the r&stricted putpow intrnda by the donor. The only
llMterial restrictal fy[￿ is ttxe Buildillg R&qefftve for the rc¥)oYatJ(￿ JDdupkecp of the Chw¢h building8
DesigDXted FuJLds unrwtriGte4J fvnd5 that thr Irustees have * &8ide for a wific mose. Matexial desi￿ated
funds a5 follows,.
Churtb LAnd & Bllilding& and Manse are desÈgllatcd &$ they fimds investLxl in the fabric of thc actual
buildings
MiDiStry W*lton fvnd 1$ design￿￿ for miDisty purp￿ from M￿leS traL8fara fron) Walton BaptisL Chapel on
its closu￿.
Unre$triet¢d F•nds are general fisniLs which TDay be used by the ChuTth for fiutheraD¢e of ILS objtttives
13

Market Hhrborough B*ptist Church
Not¢s to the Accounts
For the Year Ended 31 De¢ember 21123
12 Movettknt of Funds {¢ondnu¢d)
The rnoVeMet￿ in fi￿d5 fur th¢previo￿f￿at￿1ti1 )wwtte as follo
BilAn¢u at Incoll￿g Roour¢e5 Tr￿SterS & BtheeB at
l 21n2 Re50urce5 ExpEttdtd R￿]￿*bOt15 31 Det 2022
J£EstrictedFtsrtdJ
Building R￿erve
Spccific cau$eg
lJ65
11,8621
1,866
{1.86?}
Unr8%irictedFun& Oknignoled)
Church land & Buildings
Manse
Cbur¢i￿$TOgetherFaste￿FuThd
Focus group
inisty Walton
950.(KIO
250,1KK>
233
950,000
250.0(KJ
12331
i￿)
16.3761
280
50,636
255
44.260
].2￿.233
50,916
16.634)
1.244,515
Unresirie¢edFwJ&f (GeJJeMI)
General Pund
61214
101.406
{93,9331
68,687
101,406
193.933)
68,687
Unrutrt¢¢edF¥nds (Tothl)
I,26l.447
(85.815)
1,313202
TOTALFUNDS
1 •61.447
79.479
91641
1,313,205
An*lyst8 of Assets betwewi
Totsi
Tangible fixeAI Èsscts
Bgnk baianets
Debtors
Creditots
1200.0(MI
43.156
717
59.671
5,626
15.7011
1200.717
IIA5.538
5.626
19,4121
3.711
1fj43.556
1,303.469
The at￿Y￿lS of net aB8ets b&wccn fiuJd5 for th¢previousyear fi>ilows'.
Res¢rIc￿l D¢signAtcd Gtlleral
utsd8
FuDds
FtEDd5
Totsl
T3nwble fix￿ a￿ts
BgnkbsJallc&8
Debtors
Cr¢ditQT
i.?00,IM
44515
2,305
65,529
4,573
{3.7201
1202,305
111.687
4573
{5 J601
1,643
11,640)
1.244.515
68,687
1,313.205
13 Related party
Trustees of Ih¢Chur¢h tn*J¢donation$ dwingthe yeartotaliin8 £11940 without aDy condititins attsthed.
14