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← Woodley Baptist Church

2024-12-31-accounts

WOODLEY BAPTIST CHURCH

Accounts – 31st December 2024

WOODLEY BAPTIST CHURCH

Charity number: 1133010

Accounts –31st December 2024

INDEX

WOODLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES for the year ended 31st December 2024

The Trustees are pleased to present their annual report and financial statements of the charity for the year ended 31st December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (second edition) and Financial Reporting Standard FRS102.

Reference and Administration Details

The charity’s name is Woodley Baptist Church.

Charity Registration Number: 1133010 Registered Address: Hurricane Way Woodley Berkshire RG5 4UX

Trustees

The Trustees and officers who served during the year and since the year end were as follows:

Mr A Butler (Church Treasurer) Mrs G Hope Mr G Sumbler (Children and Youth Team Leader) Mrs J van Es (Church Secretary and Chair of Trustees)

Bankers: Lloyds TSB plc 53 Crockhamwell Road Woodley Berkshire RG5 3JR

Accountants: A J Carter & Co 22b High Street WITNEY OX28 6RB

Objectives and Activities

The main objectives of the charity are:

The Mission of the Church (its charitable object) is to be: “United in knowing Jesus and making Him known”.

The responsibility for ensuring that Woodley Baptist Church fulfils its mission falls on every Church Member, encouraged and guided by the Church Leadership Team.

Achievements and Performance

Woodley Baptist Church continued to fulfil its purposes during 2024, with opportunities for members to grow in their faith and for those who don’t yet know Jesus to find out about him. This is despite the fact that we did not have a paid minister during that time. After creating a church profile, we started advertising with the Baptist Union recruitment process around Easter. We have been disappointed that there has been minimal interest in the role, with only one person applying during the subsequent months.

WOODLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES

for the year ended 31st December 2024 ( Continued)

Achievements and Performance (continued)

In the meantime, we continue to rely on a small but gifted group of members to preach and a slightly larger group who take turns in leading our services. We began the year by looking in our Sunday morning services at a number of practical issues, asking how we should live in the light of what we believe. We had a series around Easter, and another leading up to Pentecost in which we looked at the work of the Holy Spirit. Returning in the Summer to the theme of how we should live, we worked through the letters from the Apostle Paul to Timothy and Titus. Then, from the Autumn, we began a longer series looking at the Old Testament books, studying the Bible that Jesus used and finding evidence of Him there. We’ve appreciated having a number of visiting speakers over the months and visits by some of those we support in mission.

We now hold our café services monthly, giving opportunity for interaction as we explore faith together. The services are deliberately accessible to those who don’t yet believe. On Sunday evenings we have twice monthly informal services, with an online prayer meeting the other weeks.

Our church building continues to be used throughout the week, with individuals and groups hiring out rooms. Income from this source has increased significantly since COVID. Church members also run a number of midweek activities, including groups for older folks and for children and young people. We hold drop in sessions on Wednesday and Friday mornings, with a short devotional time during the latter. Discipleship groups continue on a weekly or fortnightly basis, with many church members making the most of the opportunity to meet together to study the Bible and share life together. A more recent addition is a monthly Bible journaling group which is proving really helpful to those who attend. They study a small section of the Bible in depth together, sharing their insights.

In the Autumn of 2023 there was a large group of children who had become too old for our kids’ club but were keen to continue to meet. Graham decided to run a separate club for them which continued throughout 2024, although staffing wasn’t easy such that the group was only able to run fortnightly. Nevertheless, it was appreciated by the young people.

On the social side, we had several fun events, many of which attracted significant numbers of people. On these occasions it has been good to be able to have conversations with people who are part of our mid-week groups. Socialising together also strengthens relationships within the church family.

Although the number of members has fallen a little further, we are encouraged that we continue to have new people visiting, particularly if they are people who are exploring faith. Current membership is 74 (81 at the end of 2023).

Financially we finished the year in a good position, with savings due to judicious spending, not paying the salary of a minister and renting out the manse. Our bank balance has increased which will be useful when we do take on a minister. In the meantime, we have been able to undertake a number of medium-sized projects on the church building, including working through a programme of replacing old light bulbs with new LED ones, replacing some of the older windows with UPVC double glazing and updating our projector system. Further projects are planned as funds allow.

Structure and Management

The Church is governed by its Constitution, adopted 16 June 2009. The Church is a member of the Baptist Union of Great Britain and Northern Ireland. It is also a member of the Southern Counties Baptist Association, being a regional association within the Baptist Union.

The Trustees of the Church, as shown in section 1.2, are appointed by secret ballot at a Special Church Members’ meeting in accordance with the Church Constitution. They oversee and coordinate the vision and ministry of the church. The Trustees are referred to as the Church Leadership Team in the Church Constitution.

The Ministers and designated staff who are Trustees remain on the Leadership Team for the duration of their appointment subject to their good standing within the Church both spiritually and morally.

WOODLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES

for the year ended 31st December 2024 ( Continued)

Structure and Management (continued)

Elders (when appointed) share with the Minister in the overall spiritual oversight of the Church and in particular in the roles of pastoral care, teaching and discipleship. They are appointed for an initial three year period, after which re-affirmation is necessary every three years.

Trustees, other than the Ministers, Elders and designated staff, are appointed for a period of 3 years after which the person is eligible for a further 3 year period. After two consecutive terms of 3 years they shall normally stand down for a minimum period of one year unless the Church Meeting agrees an extension.

Some aspects of church life are headed up by individual members who are known as Ministry Team Leaders. They aren't themselves Trustees but regular meetings take place between the Trustees and the Ministry Team Leaders, allowing sharing of ideas and, where appropriate, joint decision-making.

Church Membership is open to those who profess repentance before God and faith in Jesus Christ as Saviour and Lord; whose lives bear evidence of the presence of the Holy Spirit; and who publicly assent to the Statement of Belief with application for membership being made to the Minister or the Church Secretary.

Governance

Internal controls over all forms of commitment and expenditure continue to be refined to improve efficiency. Processes are in place to ensure that performance is monitored and that appropriate management information is prepared and reviewed regularly by both the Church Leadership Team and the Church Members.

The systems of internal control are designed to provide reasonable but not absolute assurance against material misstatement or loss. They include:

Leaders have certain delegated responsibility for the smooth running of their ministries but are accountable to the Trustees and Church Members for all decisions taken. Financially, they can only approve budgeted expenditure up to £1500. The Trustees can approve expenditure up to £5,000, and the Church members must agree any commitment or expenditure above this figure. The limits are reviewed from time to time.

If any conflict of interest arises, the concerned Trustee declares it and takes no part in the related decision.

Risk Management

The Trustees have examined the principal areas of the Church’s operations and considered what major risks may arise in each of these areas. In the opinion of the Trustees, the Church has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations. Procedures have been established for reporting failings immediately to the Trustees.

Vision

Our corporate vision is to be:-

A vibrant worshipping community (with a focus on shared Christian worship and the encouragement of personal devotional life).

A community of effective disciples of Jesus (by teaching and applying the message of the Bible to the whole of life throughout all age groups in the Church).

WOODLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES

for the year ended 31st December 2024 ( Continued)

Vision (continued)

A missionary community, sharing Christ in word and action (by the practical expression of our faith in loving service to others and the sharing of our faith as we have the opportunity).

A loving, welcoming and supportive community (by opening our activities to all, giving appropriate care, acceptance and affirmation within the corporate life of our Church family)

A serving community, where all participate (by helping each person to find their role in relation to their journey of faith and their service to others as Christians in the areas of church, work and home)

Strategy and Activities

When planning the activities for the year the Trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance for charities for the advancement of religion. We have sought to achieve our vision as follows:

Worship

Sunday services, prayer meetings, regular meetings for various age groups, prayer links.

Discipleship

Regular discipleship groups, Bible teaching, Sunday groups for children and young people.

Mission

Many community groups and activities based in our building. Regular activities include toddlers, groups for seniors, Coffee Mornings and Arts and Craft sessions, children’s and youth clubs and food bank. On a more occasional basis we have been involved in running Alpha courses. Involvement with other Christian churches and agencies locally and worldwide.

Belonging

Pastoral care, visiting, social events, meals.

Serving

Giving opportunities to serve within the church and beyond it, running courses, training, mentoring, identifying and developing gifts and skills. Running and servicing the Church Centre for the benefit of all

Financial Review

During the 12 months to 31st December 2024 the Church had a total income of £221,440 (2023: £266,516). Offerings and donations together with the Income Tax refunds were higher than last year which was largely due to a large legacy.

Charitable expenditure was £209,032 (2023: £214,410).

Grant Making Policy

Grants from the Pastoral Fund

The Pastoral Fund exists to help the needy and to emulate the early church in the way it cared for its poorer members. Requests are considered by the Trustees and any authorised gift is made by the Church Treasurer.

Other Grants

The Church actively supports the wider work of Mission through the setting aside of a significant part of its annual income for the support of individuals and organisations engaged in Mission. The amount given to support mission is agreed annually by Church Members.

WOODLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES

for the year ended 31st December 2024 ( Continued)

Reserves Policy

All assets are held for the work of the Church, and the Trustees consider the amounts shown in the Balance Sheet to be a fair reflection of their value.

The Church believes in the grace of God to provide for its financial needs as they arise through the giving of its members and others. In principle, the Church believes that monies given should be utilised for the furtherance of the work of the Church as soon as is practical and is consistent with an orderly and responsible stewardship of the funds and the work of the Church. The reserves policy for Woodley Baptist Church is to hold the equivalent of three months of all expenditure; plus a further three months staff costs to allow the church to adapt to any changes in the level of income and expenditure of the church.

Employees

An Annual Performance Review system is in place where all staff have their performance from the previous year reviewed, new objectives set and training needs identified for the forthcoming year.

Pensions

When relevant, Woodley Baptist Church contributed towards pension provision for the Minister (via compulsory membership of the Baptist Union Pension Scheme). In addition, Woodley Baptist Church has chosen the Standard Life Stakeholder Pension Scheme to be the designated scheme, and it is made available to all other salaried employees. The scheme is registered with the Occupational Pensions Regulatory Authority and meets all the standards required. Employees have the option of making additional payments into the scheme on a personal basis.

Future Plans

Having been disappointed by the relative lack of interest through the Baptist Union recruitment process, we plan to look into the possibility of advertising on alternative platforms, hoping that this will increase the reach of our advert. In the meantime, we will continue to run our services, praying that the Lord will use Woodley Baptist Church to build our faith and the impact that we have in our community.

We are looking forward to a fund-raising visit by the African Children’s Choir in early May. Groups from the charity have come in the past but not recently because of COVID. We plan to invite people from other churches to join us for an evening concert and have invited one of the local schools to send children to a workshop which the choir members will run.

An interesting development that has arisen is an opportunity to rent our worship area to a Romanian Baptist congregation on a Sunday afternoon. This group of believers have been meeting in homes but they have a vision to reach others in the Reading area and are looking for a bigger space. We have enjoyed getting to know the leaders and hope that the relationship will be more than just a financial arrangement, building as it does on the long-term partnership we have with our sister church in Romania.

Governing Document

Woodley Baptist Church is a registered charity and was formed under a Deed of Trust dated 9th June 2016.

This report was approved by the trustees on 24th June 2025 and signed on its behalf by:

Mrs J van Es

………………………………….. Chair of the Trustees

Woodley, Berkshire

WOODLEY BAPTIST CHURCH

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report to the trustees on my examination of the accounts of Woodley Baptist Church for the year ended 31st December 2024.

Responsibilities and Basis of Report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

A P Williams FCCA CTA A J Carter & Co Limited Chartered Certified Accountants

22b High Street Witney Oxon OX28 6RB

7th July 2025

7 .

WOODLEY BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES

(including an income and expenditure account) for the year ended 31st December 2024

Note
Income from:
Incoming resources from generated funds:
Voluntary income
Offerings and donations including Gift Aid Tax
recoverable
Specific giving for mission
Investment income
Bank interest received
Incoming resources from charitable activities:
Fees for associated organisations
Other incoming resources:
Rental income and room lettings
Miscellaneous
Total incoming resources
Expenditure on:
Charitable activities:
Mission
3
Ministry
4
Evangelism
5
Children and youth
6
Pastoral gifts
BU pension scheme deficit revaluation
12
Total expenditure
Net income/(expenditure) and net
movement in funds for the year
Transfer between funds
Net movement in funds
Reconciliation of funds
Total Funds brought forward
Total funds carried forward		 General
Designated Restricted
Total
Total
Funds
Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
166,468
-
-
166,468
162,244
-
-
2,281
2,281
7,840
4,624
-
-
4,624
688
-
12,196
-
12,196
9,040
35,656
-
-
35,656
26,461
215
-
-
215
60,243
206,963
12,196
2,281
221,440
266,516
31,538
-
2,461
33,999
41,998
40,820
-
-
40,820
36,929
37,028
-
-
37,028
33,871
86,312
10,490
-
96,802
97,097
383
-
-
383
4,515
-
-
-
-
-
196,081
10,490
2,461
209,032
214,410
10,882
1,706
(180)
12,408
52,106
-
-
-
-
-
10,882
1,706
(180)
12,408
52,106
1,079,359
7,042
2,111
1,088,512
1,036,406
£1,090,241
£8,748
£1,931£1,100,920 £1,088,512

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

The notes on pages 9 to 15 form part of these financial statements

WOODLEY BAPTIST CHURCH

BALANCE SHEET as at 31st December 2024

Notes
Fixed assets
Tangible assets
8
Total fixed assets
Current assets
Debtors
9
Cash at bank and in hand
Total current assets
Liabilities
Creditors falling due within one year
10
Net current
assets
Total assets less current liabilities
17
Creditors:falling due after more than 1 year
Borrowings
11
Provisions for liabilities
Deferred pension scheme liability
12
Total net assets
The funds of the charity:
Restricted income funds
15
Unrestricted income funds
General
13
Designated
14
Total charity funds		 2024
£
963,818
963,818
8,361
197,745
206,106
24,004
182,102
£1,145,920
45,000
-
£1,100,920
1,931
1,090,241
8,748
£1,100,920		 2023
£
961,580
961,580
3,385
184,589
187,974
16,042
171,932
£1,133,512
45,000
-
£1,088,512
2,111
1,079,359
7,042
£1,088,512

These accounts were approved by the trustees and authorised for issue on: 24th June 2025 and are signed on their behalf by:

Mr A Butler Mrs J van Es ...................................................... ...................................................... Treasurer Church Secretary

The notes on pages 9 to 15 form part of these financial statements

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024

1. Accounting Policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of Preparation

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

These financial statements combine the accounts of all funds that are governed by the Church's Constitution. They include the following Associated Organisations of the church: Shout, Toddlers, Youth and Cameo.

All incoming resources are included in the financial statements when the church is legally entitled to the income and the amount can be quantified with reasonable accuracy. All expenditure is accounted for inclusive of VAT, which cannot be recovered, on an accruals basis and has been classified under headings that aggregate all costs related to the category. If costs cannot be allocated to a particular category, they will be allocated on a basis consistent with the use of resources.

b) Public Benefit Entity

Woodley Baptist Church meets the definition of a public benefit entity under FRS 102.

The Church has cash resources and has no requirement for external funding. The Trustees have a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.

Offerings and Donations are recognised when received.

Income tax recovered from the Inland Revenue under Gift Aid Declarations is recognised at the time of receipt of relevant gifts, and recovered from the Inland Revenue on a monthly basis.

General unrestricted funds represent funds which are expendable at the discretion of the Members in the furtherance of the objects of the Church. Such funds may be held in order to finance both working capital and capital investment. They include designated funds set aside by the members for specific purposes or projects.

WOODLEY BAPTIST CHURCH NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

The Fixed Assets shown on the Balance Sheet represent purchases since 1 January 1994. Prior to this date Fixed Assets were written off in the year of acquisition. Only equipment with a purchase price per unit in excess of £1,000 is capitalised. The Church Centre premises are valued at their insured value as at March 1999, plus the cost of additions since. The Church Manse (2 Fitzroy Crescent) is shown at cost.

j) Pension Costs The Church contributes to pension provision for the Minister via compulsory membership of the Baptist Union Pension scheme. In addition, it contributes to the personal pension scheme of one employee plus a stakeholder pension facility for eligible staff. Contributions made to pensions schemes are charged as they arise.

2. Legal Status of the Charity

Woodley Baptist Church is a registered charity and was formed under a Deed of Trust dated 9[th] June 2016.

3. Mission

Baptist Union Home Mission
B.M.S
Core support to members involved in
mission
International links
Locally based organisations
Other support		 General
Designated
Restricted
Funds
Funds
Funds
2024
£
£
£
£
1,620
-
- 1,620
816
-
- 816
24,540
- 2,461 27,001
3,240
-
- 3,240
1,322
-
- 1,322
-
-
-
-
£31,538
£-
£2,461
£33,999		 2023
£
1,620
816
34,900
3,240
1,322
100
£41,998

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

4. Ministry expenses

Salaries and associated costs
Premises costs
Other costs
Depreciation		 General
Designated
Restricted
2024
Funds
Funds
Funds
£
£
£
£
5,975 -
-
5,975
12,319 -
-
12,319
9,472 -
-
9,472
13,054 -
- 13,054
£40,820
£-
£-
£40,820		 2023
£
5,022
12,444
10,142
9,321
£36,929

5. Evangelism

Salaries and associated costs
Premises costs
Other costs
Depreciation		 General
Designated
Restricted
2024
Funds
Funds
Funds
£
£
£
£
5,965
-
-
5,965
10,970
-
-
10,970
7,039
-
-
7,039
13,054
-
-13,054
£37,028
£ -
£ -
£37,028		 2023
£
5,010
12,128
7,412
9,321
£33,871

6. Children and youth

Salaries and associated costs
Premises costs
Preschool costs excluding salaries
ViBE, The Venue and other costs
Other costs
Depreciation		 General
Designated
Restricted
2024
Funds
Funds
Funds
£
£
£
£
50,065
-
-
50,065
10,970
-
-
10,970
-
-
-
-
655
10,490
- 11,145
11,568
-
-
11,568
13,054
-
- 13,054
£86,312
£10,490
£-
£96,802		 2023
£
45,833
12,127
-
6,851
22,965
9,321
£97,097

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

7. Salaries and associated costs

Salaries and wages
Social security costs
Pension contributions
The average number of persons employed, both full and part-time, were:
Ministry
Evangelism
Children and youth		 2024
£
51,948
4,206
5,850
£62,004
1
1
1
3		 2023
£
46,675
3,768
5,423
£55,866
1
1
1
3

Employment costs include related party transactions with Church Leadership members and their families. See note 18.

No employees had emoluments in excess of £60,000 (2023: Nil).

8. Tangible fixed assets

Cost:
As at 1 January 2024
Additions
Disposals
As at 31 December 2024
Depreciation:
As at 1 January 2024
Charge for year
On disposals
As at 31 December 2024
Net book value:
As at 31 December 2024
As at 31 December 2023		 Freehold
Fixtures,
Land &
Fittings &
Buildings
Lift
Equipment
£
£
£
1,577,215
34,288
72,515
-
9,756
31,644
-
-
-
1,577,215
44,044
104,159
615,635
34,288
72,515
27,963
650
10,549
-
-
-
643,598
34,938
83,064
£933,617
£9,106
£21,095
£961,580
£-
£-		 Total
£
1,684,018
41,400
-
1,725,418
722,438
39,162
-
761,600
£963,818
£961,580

The Church is the beneficial owner (subject to the restrictions contained in the relevant trusts) of the following assets, the legal title to which is held by the Church's custodian trustee, the Baptist Union Corporation Ltd:

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

9. Debtors

Prepayments and sundry debtors
Gift Aid tax recoverable
10.Creditors: amounts falling due within one year
Taxation and social security
Accruals and sundry creditors
11.Loan repayments falling due after more than one year
Repayable after 5 years
Baptist Union Strategy Fund		 2024
£
3,585
4,776
£8,361
2024
£
517
23,487
£24,004
2024
£
45,000
£45,000		 2023
£
798
2,587
£3,385
2023
£
634
15,408
£16,042
2023
£
45,000
£45,000

The Baptist Union Strategy Fund loan of £45,000 is interest free and repayable only if the Church ceases to be a member of the Baptist Union of Great Britain and/or the local Baptist Association, or if the premises at Hurricane Way are sold.

12. Provisions for liabilities - defined benefit pension scheme liability

Balance at 1st January 2024
Deficiency contributions paid
Revaluation of pension scheme deficit
Balance at 31st December 2024		 2024
£
-
-
-
£-		 2023
£
-
-
-
£-

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

13. Analysis of net assets between funds

General Funds
Church building net book value
2 Fitzroy Crescent
Plant & machinery net book value
Fixtures, fittings & equipment
Loans falling due in over one year
Provisions for liabilities
Funds available for general purposes
Total General Funds
Total Designated Funds (see Note 14)
Restricted Funds
Preschool
Gifts for specific causes
Total Restricted Funds (see Note 15)		 Tangible
Amounts
Fixed
Current
Current
due after
Assets
Assets
Liabilities
one year
£
£
£
£
727,063
-
-
-
206,554
-
-
-
9,106
-
-
-
21,095
-
-
-
-
-
-
(45,000)
-
-
-
-
-
195,427
(24,004)
-
963,818
195,427
(24,004)
(45,000)
-
8,748
-
-
-
-
-
-
-
1,931
-
-
-
1,931
-
-
£963,818 £206,106 £(24,004)
£(45,000)		 Total
£
727,063
206,554
9,106
21,095
(45,000)
-
171,423
1,090,241
8,748
-
1,931
1,931
£1,100,920
  1. Designated funds
Associated Organisations:
Toddlers
Shout
Cameo
Pastoral Fund
Total
15.
Restricted funds
Associated Organisations:
Gifts for specific causes
Total		 Balance Incoming Resources
Funds
1.1.2024 resources
expended
Transfers
31.12.2024
£
£
£
£
£
1,038
2,233
(2,160)
-
1,111
898
6,600
(5,161)
-
2,337
1,696
3,363
(3,169)
-
1,890
3,410
-
-
-
3,410
£7,042
£12,196 £(10,490)
£-
£8,748
Balance
Incoming Resources
Funds
1.1.2024 resources
expended Transfers
31.12.2024
£
£
£
£
£
2,111
2,281
(2,461)
-
1,931
£2,111
£2,281
£(2,461)
£-
£1,931

WOODLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st December 2024 (continued)

16. Pension provision for the Minister

The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme. ("BPS"). The BPS is a separate legal entity which is administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the BPS are held separately from those of the Church and other participating employers.

The Church no longer has an employed Minister so at present does not make any contributions into the BPS.

The most recent correspondence from the Baptist Pension Scheme shows the Scheme to no longer be in a shortfall position and as such we have reduced the liability in the accounts to £nil. Deficiency contributions are still payable until June 2026 but these have been reduced to £1 per month.

17. Pensions (excluding the minister)

The church contributes to a Stakeholder pension scheme for all eligible staff. Pension contributions of £1,514 were paid in the year, plus administration fees of £1,200.

The church contributes to the personal pension scheme of one employee. Payments of £4,326 were made in the year.

18. Trustee Remuneration, benefits and other transactions with Trustees

Graham Sumbler is the Church's Youth and Children's Team Leader. During 2024 he received a salary of £36,054 in his capacity as Youth and Children's Team Leader. In addition, pension contributions of £4,009 in respect of a defined contribution pension scheme were paid.

The Trustees and members of their close family gave a total of £26,670 to the Church during the year ended 31st December 2024. This sum is included within unrestricted offerings and donations.