| Contents | Paqe |
|---|---|
| Legal andadministratl'veinformation | 1 |
| ReportoftheTrustees | 24 |
| Statementoffinancial activities | 5 |
| Balancesheet | 6 |
| Notestothe financial statement6 | 7-14 |
| Independentexaminer's.report | 15 |
| David Charles Chapman | |
|---|---|
| TomForryan | |
| Chola Mukanga | |
| KevinWong | |
| PhilipWoodley | |
| Registered CharityNumber | 1133689; SC048340 |
| PrincipalAddress | 40 Victoria Street |
| Dunstable | |
| Bedfordshire | |
| LU6 3BA | |
| Bankers | CAF BankLtd |
| 25 KingsHillAvenue | |
| KingsHill | |
| WestMalling | |
| Kent | |
| ME194JQ | |
| lndependent Examiner | Mr Robert Felix, BA FCA |
| 33 Broomhill Road | |
| WoodfordGreen | |
| Essex | |
| IG8gHD |
| Unrestricted | Unrestricted | Restricted | Restricted | Total | Total | |
|---|---|---|---|---|---|---|
| Note | Funds | Funds | 2023 | 2022 | ||
| lncomefrom: Donations and legacies |
2 | 79.216 | 294,567 | 373,783 | 272,447 | |
| Charitable activities: | ||||||
| lnvestmenls | 1,116 | 1,116 | 282 | |||
| Other | 4,882 | 134 | s,016 | '1,830 | ||
| Total income | 85,214 | 294,701 | 379,915 | 274,559 | ||
| Expenditure on: | ||||||
| Charitable activities | 95,106 | 300,191 | 395,297 | 276,083 | ||
| Total expenditure | 95,106 | 300,191 | 395,297 | 276,083 | ||
| Netincome | (9,892) | (5,490) | (15,382) | (1,524| | ||
| Transfersbetweenfunds | 14 | |||||
| Net movementinfunds | (9,892) | (5,490) | (15,382) | (1,s241 | ||
| TotalfundsbroughtfoMardat 1January2023 | 36,199 | 45.216 | 81,415 | 82,939 | ||
| Total funds carried forward at31Deeember2023 | I |
26,307 |
I | 39,726t |
66,033f | 81'4'15 |
| UnrestrictedRestricted Note Funds Funds |
UnrestrictedRestricted Note Funds Funds |
UnrestrictedRestricted Note Funds Funds |
Total 202t |
Total 2022 |
|
|---|---|---|---|---|---|
| Fixedassets | |||||
| Tangible fixed assets | 806 | 806 | 1,188 | ||
| Current assets | |||||
| Cashatbank and in hand | 11 | 26,769 | 39,451 | 66,220 | 87,786 |
| Debtors | 8 | 1,065 | c,o6J | 6,748 | J,JbC |
| 27,834 | 45,134 | 72,968 | 91,151 | ||
| Creditors:amounts falling due | |||||
| within oneyear | 1,527 | 6,214 | 7,741 | 6,924 | |
| Netcurrent assets | 26,307 | 38,920 | 65,227 | 84,227 | |
| Creditors:amounts fallingdue | |||||
| after more than oneyear | 10 | (4,000) | |||
| Netassets | I | 26,307L | 39,726€ | 66,033f81,415 | |
| CharityFunds: Unrestriciedfunds Restrictedfunds |
26,307 - |
39,726 - |
39,72645,216 26,30736,'199 |
||
| Totalfunds | L | 263A7f | 39,726[ | 66,033t81,415 |
| Donations &Legacies | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds |
funds | Prior year | ||
| E | € | ||||
| All incomeintheprioryearwas unrestricted | 79,106comprising:Donations & Gifts-C172,442 | and Gift Aid | |||
| exceptfor: | f6.664. | ||||
| 3 | AnalysisofExpenditure | Unrestricted Funds |
Restricted Funds |
Total 2023 |
Total 2022 |
| Analysis of Staff Costs Salaries andWages |
2023 48,635 |
2022 47,946 |
|---|---|---|
| Social Security Costs | ||
| PensionCosis(Defined Contribution Scheme) | 7,037 | 7,192 |
| Other Employee Benefits |
| DefinedcontributionPension Scheme The charity operates a definedcontributionpensionschemeandcontributionsof 87,037 (2022:17,192)wer |
DefinedcontributionPension Scheme The charity operates a definedcontributionpensionschemeandcontributionsof 87,037 (2022:17,192)wer |
epaidinthe year' |
|---|---|---|
| Analvsisof Grants Madetolnstitutions PurDose Analysis of GrantsPaid(includedincostof charitable activities) |
Total(€) | |
| Grace BaptistChurchMaidstone | TosupportchurchplanterinMaidstone | 3,000 |
| Grace BaptistChurchNorthWatford | Tosupportchurchplanterin NorthWatford | 3,000 |
| Grace Church Southall | Tosupportchurchplanterin Southall | 3,000 |
| Grace ChurchWalthamstow | To supportchurchplanterinWalthamstow | 3,000 |
| Hyde Heath Chapel | To supportchurchplanterin Hyde Heath | 3,000 |
| Kings Road Baptist Church | To supportchurchplanterln Chingford | 3,000 |
| Leagrave Baptist Church | Tosupportchurch planler inLeagrave | 3,000 |
| Linslade Baptist Church | TosupportchurchplanterinLinslade | 3,000 |
| At1January2023 | .,*: | uuu: |
|---|---|---|
| Additions | ||
| Disposals | ||
| At31 December 2023 | 5550 | 5550 |
| Depreciation | ||
| At1January2023 | 4,362 | 4,362 |
| Charge for theyear | 382 | |
| Disposals | ||
| At31 December 2023 | 4,744 | 4,744 |
| Net book value | ||
| At31 December 2023 | 806 | 806 |
| Net bookvalue | ||
| At 31Decembet2022 | 1,188 | 1,188 |
| Debtonsand Prepayments | 2023 | 2022 | |
|---|---|---|---|
| Prepayments andAccruedlncome Other Debtors |
5,749 999 |
1,697 1,668 |
|
| 6,748E | 3,365 | ||
| Creditors: amountsfallingduewithinoneyear | 2023 | 2022 | |
| Accruals for Grants Payable | |||
| Loan | 4.000 | 4,000 | |
| Other Creditors | 3,497 | 2,653 | |
| Taxation and social security costs | 244 | 271 | |
| 7,741t. | 6,924 | ||
| 10 | Creditors: amountsfallingdueaftermorethanoneyear | 2023 | 2022 |
| Other Creditors(Loan) | 4,000 | ||
| - ! | 4,000 |
| 2023 2022 |
|
|---|---|
| 66,22087,786 | |
| f. | 66.220L87,786 |
| Details of material fun | ds held and | movementsduringthe cur | rent reportin | g period | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund names | TypeRor | Purpose and Restrictions |
Fund balances |
lncomef | ExpendituIe E |
Transfers t |
Gains/ Losses |
Fund balances |
||
| brought | € | carried | ||||||||
| forward | forward | |||||||||
| I | I | |||||||||
| Chelmondiston | o | Church planting workin | ||||||||
| Chalmondislon | 239 | 0 | -239 | 0 | 0 | o | ||||
| Edlesborough | tr | SupporttoGrace Baptist | ||||||||
| Chrrrch Edlesborouoh | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Europe | R | Support for missionwork in Flrrone |
7 | 12.O23 | -11,930 | 0 | 0 | 't00 | ||
| GBP Conference | R | Fundingforthe Annual | ||||||||
| GBP Conference | 1.114 | 21.291 | -22.337 | 0 | 0 | 68 | ||||
| Halling | SupporttoHalling Baptist Church |
936 | 28,681 | -28,598 | 0 | 0 | 1.0'19 | |||
| Leagrave | R | Support to Leagrave BanlistChrrrch |
-6,692 | 44.537 | 41.089 | 0 | 0 | -3,244 | ||
| Linslade | R | SupporttoLinslade Beofist Church |
0 | 12.000 | -9,000 | 0 | 0 | 3,000 | ||
| London Training | R | Funding for London Traihinar Grr)lrn |
8.512 | -35.309 | 0 | 0 | -Jt | |||
| Norfolk | R | Fundingforworkin Norfolk |
0 | 0 | 0 | 0 | 0 | 0 | ||
| NorthWatford | l< | Support to Grace Baptist | ||||||||
| ChlrrchNorthWatford | 1,190 | 7.153 | -6,932 | 0 | 0 | 1.411 | ||||
| NorthWatford | R | Funds earmarkedto | ||||||||
| Building | refurbish the North Watford buildino |
0 | 3,923 | -3,923 | 0 | o | 0 | |||
| Poland | R | Churchplantingworkin | ||||||||
| Prrlen.i | 122 | 1',t.904 | -12.000 | 0 | 0 | |||||
| Maidstone (formerly Rvarsh) |
R | Churchplantingworkin Maidstone |
6,016 | 22,458 | 0 | 0 | 1.107 | |||
| Scotland | R | Churchplantingworkin | ||||||||
| Scotland | 2,122 | 1,550 | -50 | 0 | 0 | 3,OZZ | ||||
| Southall | R | Support to Grace Church | ||||||||
| Southall | ||||||||||
| 24.524 | -24.923 | 0 | 0 | 0 | ||||||
| Southall Church | R | Funds earmarkedto | ||||||||
| Refurbishment | refurbish the Southall | |||||||||
| Church buildino | 0 | 23,O49 | -6 | 0 | 0 | 23.043 | ||||
| LJkraine | R | Funds earmarkedto | ||||||||
| qllnnortchtrra,hes in | 1.426 | 248 | 0 | 0 | 0 | 1.674 | ||||
| Walthamstow | R | Church planting workin | ||||||||
| Walthamstow | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Wimbledon | R | Churchplantingworkin | ||||||||
| Wimbledon | 11.365 | M0.479 | -145.3',I9 | 0 | o | 6,925 | ||||
| Wiltshire | R | Church planting workin | ||||||||
| Wiltshire | 23,424 | -23,626 | 0 | o | o | |||||
| Wood Green | R | Support to Grace Baptist Chlrrch Wood Green |
0 | 't2.015 | -11.009 | 0 | 0 | 1.006 | ||
| General Fund | U | General Fund | ||||||||
| 36.199 | 45,214 | -95.106 | 0 | o | 26,307 | |||||
| dl,4lc | 46J,J5l | -4C4,/63 | U | U | ti6,033 |
| Details ofmaterialfun | dsheldand | movementsduringthepre | vious report | ing period | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund names | TypeRor U- |
Purpoae and Resirictions |
Fund balances |
lncomeE | Expenditure t |
Transfers € |
Gains/ Losses |
Fund balances |
||
| brought | s | carried | ||||||||
| forward | forward | |||||||||
| f | F | |||||||||
| Chelmondiston | R | Churchplantingworkin | ||||||||
| 1.807 | 0 | -1,568 | 0 | 0 | aao | |||||
| Edlesborough | tr | Support to Grace Baptist | ||||||||
| Church Edlesborough | 0 | 12.185 | -12.185 | o | 0 | 0 | ||||
| Europe | R | Support for missionwork | ||||||||
| inEuroDe | 485 | 10.625 | -1'l.379 | 276 | 0 | 7 | ||||
| GBP Conference | R | Fundingforthe Annual | ||||||||
| GBP Conference | 1.657 | 14.257 | -'14.800 | 0 | 0 | 1.114 | ||||
| Halling | R | SupporttoHalling Baptist | ||||||||
| Church | 775 | 29.258 | -29.097 | 0 | 0 | 936 | ||||
| Leagrave | R | Support to Leagrave | ||||||||
| Baptist Church | 1.682 | 33.013 | -38,023 | 0 | 0 | -6,692 | ||||
| Linslade | R | SupporttoLinslade | ||||||||
| Baptist Church | 0 | 200 | -200 | 0 | 0 | 0 | ||||
| London Training | R | Funding for London | ||||||||
| TraininqGrouD | 25.145 | 3.198 | 't.577 | o | 0 | 26,766 | ||||
| Norfolk | R | Fundingforworkin | ||||||||
| Norfolk | 0 | 9,000 | -9,000 | 0 | 0 | 0 | ||||
| NorthWatford | R | Support to Grace Baptist | ||||||||
| ChurchNorthWatford | 10.489 | -9.674 | 0 | 0 | '1.190 | |||||
| Poland | R | Churchplantingworkin | ||||||||
| Poland | 0 | 't3.026 | -'12.904 | 0 | 0 | 122 | ||||
| Maidstone (formerly | R | Churchplantingworkin | ||||||||
| Rvarsh) | Maidstone | 9,109 | 22,O55 | -25.144 | o | 0 | 6.016 | |||
| Scotland | R | Churchplantingworkin | ||||||||
| Scolland | 2,139 | -542 | 0 | 0 | 2,122 | |||||
| Southall | R | SupporttoGrace Church Sorfhelt |
183 | 25,916 | -25.221 | 479 | 0 | |||
| Southall Church | R | Funds earmarkedto | ||||||||
| Refrrrhishmenl | rcfrrrhish fha Sor*hell | 0 | 5,608 | -6,508 | 900 | 0 | 0 | |||
| L,kraine | R | Funds earmarked to | ||||||||
| suDoortchurchesin | 0 | 3,703 | -2.277 | 0 | 0 | 1.426 | ||||
| Walthamslow | R | Churchplantingworkin | ||||||||
| Walthamstow | 754 | 0 | 0 | 0 | 0 | |||||
| Wimbledon | R | Churchplantingworkin | ||||||||
| Wimbledon | 10.052 | 53,530 | -52.217 | 0 | 0 | '11 | .365 | |||
| Wilishire | R | Churchplantingworkin | ||||||||
| Wiltshire | -229 | 24,069 | -23.634 | 0 | 0 | 206 | ||||
| Wood Green | R | Support to Grace Baptist | ||||||||
| Church Wood Green | 0 | 11.151 | '11.151 | 0 | 0 | 0 | ||||
| General Fund | U | General Fund | 35,491 | 95,453 | -94,048 | -697 | 0 | 36,199 | ||
| uz,95v | J/9,6;lC | -oor,toJ | U | U | 6l,tllO |