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2025-09-30-accounts

Trustees' Report & Annual Accounts for the year 1 October 2024 to 30 September 2025

CONTENTS

The Purpose of this Document

This document describes the activities and financial affairs of the church for the year.

It is intended to include all the information that the Charity Commission recommends be reported annually.

Contents 2
Reference and Administrative Information 3
Report of the Trustees for the Year Ended 30 September 2025 4
Independent Examiner's Report to the Trustees of Slough Baptist Church 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13

Slough Baptist Church Trustees' Report & Annual Accounts 2025

Page 2

REFERENCE AND ADMINISTRATIVE INFORMATION

Aims

The principal aim of Slough Baptist Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and other charitable purposes in the United Kingdom and / or other parts of the world. It is affiliated to the Baptist Union of Great Britain and is also a member of the Evangelical Alliance.

Charity Status

The charity was registered at the Charity Commission on 26 January 2010 with the charity registration number 1133760. Address & contact details:

34 Windsor Road http://www.sloughbaptistchurch.org.uk Slough 01753 523058 Berkshire, SL1 2EJ mail to: office@sloughbaptistchurch.org.uk

Trustees

Ms A Callum (until February 2026) Mrs O Ogunsanya (from Jan - Aug 2025) Mr J Edwins (until December 2024) Mr M Ngwenya (until December 2025) Mrs E Fraser (until March 2025) Mr J Shepherd Rev D Howell Mr A Tarrant MBE Mrs J Jones Mr J Tettelaar Ms L Longman (until December 2024) Mr M Warren Mrs G Morgan-Dewar (from July 2025) Mr J Wesley (until April 2025) Mrs F Ogundijo (from January 2026) Rev K Wilson

Custodian Trustee

Baptist Union Corporation Ltd Baptist House, PO Box 44 129 Broadway, Didcot Oxfordshire, OX11 8RT

Bankers

Lloyds Bank High St, Slough Berkshire, SL1 1DH

Independent Examiner

Sarah Crispin A.C.A. Stewardship 1 Lamb’s Passage London, EC1Y 8AB

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees are pleased to present their report together with the financial statements of the Church for the year ended 30th September 2025.

Structure, Governance and Management

The governing document is an Individual Deed of Trust dated 1896, supported by a Constitution adopted on 22 April 2009 and revised 10 April 2022.

The Church is a registered charity. The Church Members' Meeting is the governing body of the church, which appoints ministers, elders, deacons and church officers. The ministers, elders, deacons and officers form the Church Council and act as managing Trustees. The church's buildings are held by the Baptist Union Corporation as custodian trustees.

Objectives and Activities

Objectives

The mission we have for ourselves is unchanged:

Sometimes, a grand statement like this is easy to say but how do we actually do it? At Slough Baptist Church, we aim to offer a welcome to the whole world. We know we cannot welcome all eight billion people! But, just as Jesus positively welcomed anyone, whatever their race or background, we too want to be known as a welcoming people.

We also aim to be a witness to the whole world. We see our responsibility to be both a local and international witness. In Slough, we have a unique privilege of having the world on our doorstep. A survey of attendees indicates that at Sunday morning worship people from over 40 different nations can be present.

We also desire to give glory to God by offering worship from the whole world. This means recognising and using the rich diversity of races, ages and experiences of the fellowship in deepening our worship of God.

Activities

The church programme includes Sunday Services, Sunday Club (for those under 15), home groups, prayer meetings, Friday Families (parent & toddler group), Guides, Brownies, Rainbows, youth activities, groups to explain the Christian faith, evangelism, social events, fund-raising events, educational and holiday activities for school children, and more.

Public Benefit

In planning the activities of the charity, we have considered the guidance on public benefit issued by the Charity Commission, including the specific guidance to charities for the advancement of religion.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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Priorities for the Future

At the 2024 AGM, a new vision for the next five years was adopted by the membership:

Our Vision is to be a church that shares the love and power of Jesus to transform Slough and beyond.

To achieve this, we have adopted policies and practices that are aligned with our core values, being:

In 2025/26 the trustees will have a particular focus on the following areas:

Achievements and Performance

Welcome

We have a dedicated team of volunteers that stand at the front door of the church to welcome regular, occasional and visiting worshippers to the Sunday morning service.

The number of members has remained steady over the last ten years and currently stands at 118. Slough is a relatively transient town: each year we welcome a new cohort of members, whilst at the same time, a similar number of members move on to pastures new.

Our Members’ Meetings are now generally held in hybrid format, with members present in the church building, but also able to join the meeting and contribute via Zoom. This allows greater involvement of senior members and those with younger children. Our attendance at Members’ Meetings is now consistently above 50%.

Our Sunday morning services are livestreamed on YouTube, allowing greater access to participate for members of our fellowship that have restricted mobility, sickness or who are extremely clinically vulnerable. A live translation app is used to allow worshippers to follow the service in their first language.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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Witness

As a Church we endeavour to spread the Good News of Jesus in a wide variety of ways.

We employ one full time minister, a Lead Pastor , to oversee a range of existing activities and to support members in setting new mission activities.

In 2025, our second full time minister, a Pastoral Care Pastor , resigned in March 2025. The church continues to recognise the need for a staff member to provide pastoral support to the church community and we now have a non-ministerial position of Pastoral Care Coordinator.

Our witness within the community of Slough includes a ‘live nativity’ in the church building prior to Christmas, a summer holiday club for 5- to 11-year-old children, and an interactive Easter event that is open to people of all faiths and none.

Our Friday Families group for parents and toddlers meets each Friday morning during term time. This provides a meeting point for an ever-changing group of people drawn from the community around us, as some toddlers go off to nursery school and other babies are born and join in. Church Open on Wednesdays during term time offers a welcoming space, refreshments, board games and friendly conversation for anybody in the town to drop in.

The church hosts a local schools worker, who is employed by Christian Connections in Schools , and who meets with young people in the schools of Slough, Windsor and Maidenhead.

Together with many other churches our financial support to the Baptist Home Mission helps smaller churches, plants new churches and supports educational, commercial and hospital chaplaincies.

We have two church members involved in medium-term mission work in Uganda and France, and also a third member went on an extended mission trip to Nepal during 2025. The church is supporting this mission work and expects to continue to do so in the coming years. We have continued our links with Varna Baptist Church in Bulgaria and Smile Charity Uganda.

We also continue to sponsor a child through Compassion , and to provide financial support to BMS World Mission and Christian Connections in Schools .

Worship

Services

Our Sunday morning service continued to grow during the reporting period, with an average attendance of 192 across the whole of 2025. The downstairs section of the church is mostly full on most Sundays, and the upstairs section is becoming increasingly busy.

On Sunday evenings, we hold Discover sessions, which are attended by about 20 people each week. This is an interactive worship event, where participants can ask questions and share their understanding of the Bible with one another. This session is particularly popular with young adults in their 20s and 30s. The session leadership also comes from this age group.

Prayer

Prayer is the foundation to all we do and we have many opportunities to pray. We encourage prayer in our worship services and in Home Groups but we also have additional occasions for prayer, including prayer days, weekly online prayer meetings on Tuesday lunchtimes and Church Prayers each month on Saturday mornings. We assemble with other churches in Slough on the last Tuesday of each month to pray for the town.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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Home Groups

Home Groups are important, providing close fellowship, prayer and wide-ranging Bible study. We have six groups meeting regularly at present either in-person or using the church zoom account. Their main goals are to support members in fellowship, to pray together and to develop as disciples together.

Families, Youth & Children

Regular weekly activities at the church include five age-appropriate Sunday morning groups, the youth home group, Y@S (14 to 18-year-olds), Guides, Rangers, Brownies and Rainbows. We maintain close links with the Boys’ Brigade that meets at St. Andrew’s Methodist Church, providing leaders for some of the groups. The Boys’ Brigade and Girl Guides join the congregation for Parade Services four times each year.

We have continued to host a variety of annual events, such as Easter Explored, a summer Holiday Club, a late autumn Light Party, and the ‘Christmas Unwrapped’ and ‘Easter Cracked’ primary school presentations by Christian Connections in Schools, We continue our regular work with mission to children, young people and families through a variety of activities including the Y@S weekend away, Satellites Summer Camp, weekly Sunday Club groups, events with local Christian young people, our nativity service and other all-age services

Financial Review

Total income in the year ended 30 September 2025 was higher than 2024 by £36,000. The main reason for this increase in income was a number of one-off gifts and a £10,000 bequest.

Total expenditure was lower in 2025 than the previous year by £39,000, this is due to one off repairs in the previous year for dry rot. In addition, our Pastoral Care Pastor resigned in March 2025, with associated staff cost savings.

Investment Policy

Generally, no investments are held, other than a £25,000 Baptist Union Loan Fund deposit. Any unrestricted donations received are used within a calendar year of being received, for church expenses or for church projects or given to others as described in the grants policy. However, any large donations over £10,000 are notified to the Church Members' Meeting, which may authorise sums to be invested with the Baptist Union Loan Corporation until a suitable project is identified.

Reserves Policy

Reserves are needed to manage any cash flow delays where income arrives later than expenditure. Cash in the bank at any one time is normally sufficient to cover such delays. However, if necessary, the treasurer is authorised to accumulate a sum equivalent to between one and four months of expenditure as reserves.

Running costs for the church are met from the unrestricted General Fund and the Church Fund, which is a restricted fund for church running costs. The trustees have determined that the charity should aim to hold total net current assets in those combined funds of no less than £20,000 (which equates to about one month of budgeted running costs) so that the charity could continue to operate should income and / or expenditure vary adversely.

At the year end, the reserves in those funds, excluding bequests of £84,000, were estimated at £124,000, which is the equivalent to slightly over 5 months’ budgeted running

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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costs. These reserves are earmarked for expenditure in the next financial year to finance various projects.

Grants Policy

As Slough Baptist Church we will give money away in accordance with these principles:

  1. We give a fixed proportion of our general fund income by tithe to projects outside the fellowship. The amount is agreed at the Annual General Meeting. For 2025, the proportion was 10%. For 2024, the proportion was 10%.

  2. In addition to this, we encourage people in our fellowship to give to various charitable organisations both directly and through our Mission Fund.

  3. Grants may be to individuals or organisations.

  4. Grants must be in line with the purpose statement of the church. This is, “ As Slough Baptist Church we aim to give glory to God by offering a Welcome to the whole world, by Witnessing to the whole world and by bringing Worship from the whole world. ” All grants are to aid in the propagation of the Christian faith, either directly (e.g. grants to missionary societies), or indirectly (e.g. grants given in the name of the church for the improvement of the spiritual, physical, emotional or educational welfare of those in need).

  5. Grants may be made to individuals linked to the fellowship from the Persons in Need (PIN) fund. These grants are administered confidentially by a panel appointed by the Church Members’ Meeting. All PIN grants will be below £1,000 for any one person in any one year.

  6. The Annual General Meeting for Members authorises an annual budget for grants, and the Church Council appoints committees to decide how the budget for grants is to be allocated. A report of expenditure is given at each quarterly Church Members’ Meeting and in the Annual Report and Accounts.

Risk Management

The church council has appointed people to manage the following specific areas of risk:

Policies and procedures are reviewed regularly and are published on the church website.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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Statement of Trustees’ Responsibilities

The Charities Act 2011 requires the trustees to prepare a statement of accounts for each financial year, which comply with the regulations made under that act.

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law 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 the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for that period. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently,

  2. observe the methods and principles in the Charities SORP,

  3. make judgements and estimates that are reasonable and prudent,

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and

  5. 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 proper accounting records, which 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 and the Charity (Accounts and Reports) Regulations 2008. 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.

Approval

Jun 22, 2026 This report was approved by the trustees on ……………………… The trustees authorised Jonathan Tettelaar (Treasurer) to sign on their behalf.

Jonathan Tettelaar Jonathan Tettelaar (Jun 22, 2026 11:38:41 GMT+1)

Treasurer

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SLOUGH BAPTIST CHURCH

I report to the charity trustees on my examination of the accounts of the Slough Baptist Church (the Trust) for the year ended 30 September 2025 on pages 11 to 21 following, which have been prepared on the basis of the accounting policies set out on pages 13 to 14.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Trust’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

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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 Trust 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 in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin

Sarah Crispin (Jun 29, 2026 08:23:58 GMT+1)

Jun 29, 2026

Sarah Crispin ACA Institute of Chartered Accountants in England and Wales

Stewardship 1 Lamb's Passage London EC1Y 8AB

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

SUMMARY INCOME AND EXPENDITURE ACCOUNT

-- Unrestricted Funds -- -- Unrestricted Funds -- -- Restricted Funds -- Total funds Total funds
Notes General Designated Endowment Income 2025 2024
£ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 2 220,105 10,000 45,400 275,505 239,712
Investments 1,832 1,832 2,894
Charitable activities 3 437 437 373
Other income and endowments 4 10,478 110 10,588 9,907
Total income and endowments 232,415 10,000 - 45,947 288,362 252,885
EXPENDITURE ON
Charitable activities 5 171,300 27,042 30,914 44,428 273,684 321,489
Other 6 12,963 12,963 3,770
Total expenditure 171,300 27,042 30,914 57,391 286,647 325,259
Net income/(expenditure) 61,115 (17,042) (30,914) (11,444) 1,715 (72,374)
Transfers between funds (20,621) 24,959 (4,338) - -
Net movement in funds 40,494 7,917 (30,914) (15,782) 1,715 (72,374)
Reconciliation of funds
Total funds brought forward 102,015 2,083 706,000 115,249 925,347 997,721
Total funds carried forward 142,509 10,000 675,086 99,467 927,062 925,347

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing operations. Movements on reserves and all recognised gains and losses are shown above. The notes on pages 13 to 21 form part of these accounts.

An analysis of the SOFA including comparative amounts for each type of fund is included in Note 17.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

Note
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors and prepayments
11
Investments
12
Bank and cash balances
CURRENT LIABILITIES
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL NET ASSETS
FUND BALANCES
Restricted funds
14
Endowment funds
Income funds
Unrestricted funds
15
Designated funds
General funds
TOTAL FUND BALANCES		 11,842
25,191
201,018		 2025
£
695,463
231,599		 19,804
24,864
157,997		 2024
£
727,597
197,750
238,051
6,452		 202,665
4,915
675,086
99,467
927,062 925,347
774,553
152,509
706,000
115,249 821,249
104,098
10,000
142,509		 2,083
102,015
927,062 925,347

The notes on pages 13 to 21 form part of these accounts.

An analysis of the net assets by type of fund is included in Note 16.

Approval

Jun 22, 2026

The report and accounts were approved by the trustees on ________ . The trustees authorised Jonathan Tettelaar (Treasurer) to sign on their behalf.

Jonathan Tettelaar

Jonathan Tettelaar (Jun 22, 2026 11:38:41 GMT+1)

Treasurer

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting policies

These financial statements have been prepared on a going concern basis, under the historical cost convention. Based on the adequacy of the charity's reserves as at the balance sheet date, along with their knowledge of the charity's ability to meet bills, payments and other liabilities as they fall due, the trustees have a reasonable expectation that the charity has sufficient resources to continue in operational existence for the foreseeable future. In making this assessment the trustees have considered the impact of Covid-19 and have concluded that its impact on net income will not be material.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. THe charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') require charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005', but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed necessary for these financial statements to give a 'true and fair view'.

The charity has taken advantage of the exemption conferred by the SORP (FRS 102) from the requirement to produce a cash flow statement on the grounds of its size.

The following are the accounting policies which have been applied in dealing with material items:

(a) Donated and grant income

Voluntary income received by way of donations and gifts is included in full in the Statement of Financial Activities when received, including gifts in kind that are capable of valuation.

Donations under Gift Aid, together with the tax recoverable thereon, are accounted for when received. Provision is made for unclaimed tax at the year-end. For legacies, entitlement is the earlier of the church being notified of an impending distribution or the legacy being received.

The church has relied significantly on volunteers in carrying out its activities during the year. However, in accordance with the SORP, the value of these services has not been recognised as income as they cannot be reliably measured.

(b) Expenditure

Items of expenditure are charged in the accounts in the period in which they are incurred. These are allocated to the following headings and include attributable VAT which cannot be recovered:

-Charitable activities comprises all expenditure that directly related to the objects of the church.

-Costs of generating funds are those costs incurred in fundraising activities.

-Grants payable are taken into account at the earlier of the date when they are paid or the date when they become constructive obligations

-Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements.

Transfers between funds are made by the trustees as appropriate.

(c) Fund structure

Expenditure which meets certain criteria is identified to the relevant fund.

General unrestricted funds represent donations and other income received or generated for the objects of the Church without further specified purpose and are available as general funds.

The following funds are classed as General :

The General Fund - for church running costs and allocation to designated funds

Designated unrestricted funds are those which have been allocated by the Trustees for identifiable future expenditure.

The following funds are classed as Designated :

The Tithe Fund - for planned giving, budgeted annually as a proportion of income The Persons In Need (PIN) Fund - for small benevolent gifts to individuals The Church Designated Fund - for church expenditure for purposes identified by the trustees Restricted funds are to be used for specified purposes as laid down by the donor. The following funds are classed as Restricted :

The Building Fund - for building projects

The Mission Funds - various funds for handling donations for mission purposes The Church Fund - for Slough Baptist Church running costs The Y@S Fund - for church youth activities The Persons In Need (PIN) Fund - for small benevolent gifts to individuals

Fridays

The Community Cafe Fund - for activities of the church related to the Open Church events The Ladies' Recharge Fund - for activities of the church related to Ladies' Recharge events Endowment funds are to be held as capital.

The Property Endowment Fund holds all the properties owned by the church.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting policies (continued)

(d) Tangible fixed assets and depreciation

Tangible assets are included in the balance sheet at cost or at market value at the date of the gift.

Depreciation on fixed assets is provided at rates considered appropriate to reduce book values to estimated residual values over the useful lives of the assets concerned:

Buildings - Straight line over 50 years

Building improvements - Straight line over 20 to 50 years

Computer equipment - Straight line over 3 years Other equipment - Straight line over 5 to 20 years Assets in the course of construction are not depreciated until they are completed. Depreciation commences in the quarter following acquisition or capitalisation. Small items of equipment (valued at £1,000 or less) are written off on purchase.

Freehold land is not depreciated .

(e) Financial instruments

The Charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined in FRS 102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive).

(f) Pensions

The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme (“the Scheme”), which is administered by the Pension Trustee (Baptist Pension Trust Limited). The Scheme is a separate legal entity and 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 benefits on 31 December 2011. Prior to this date the main benefit provided through the defined Benefit (DB) Plan was a pension of one eightieth of final minimum pensionable income for each year of pensionable service 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 within 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 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members if they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva Limited. Furthermore, members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%.

In October 2024, the insurance company Just Group completed a buy out of the liabilities of the closed defined benefit scheme. From that date any remaining liability of the participating scheme members to defined benefit scheme ceased and the £1 per month deficit contributions payable by the participating employers which were agreed in the recovery plan approved in August 2022 also ceased from that date. Administration of the closed defined benefit scheme transferred from the pension trustees to Just Group from that date.

The Minister and some members of the church staff are eligible to join the Scheme.

Section 28.11A of FRS 102 requires agreed deficit recovery payments to be recognised as a liability. The present value of the agreed deficit contributions were immaterial at the beginning of the financial year and were fully extinguished once buy out was completed by Just Group in October 2024.

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

2. Donations and Legacies

Gift Aided direct donations
Bequests
Other donations		 Total
Total
2025
2024
£
£
209,851
197,097
10,000
-
55,654
42,615
275,505
239,712

3. Incoming resources from charitable activities

Friday Families group Total
Total
2025
2024
£
£
437
373
437
373

4. Other incoming resources

Gifts for use of premises
Sundry receipts		 Total
Total
2025
2024
£
£
10,060
9,600
528
307
10,588
9,907

Gifts for use of premises included £9,600 (FY24 £9,600) received from the tenant of No 34 Windsor Road, a property owned by the Charity. The Trustees note that this is a related party transaction as the tenant, Jon Edwins, is a Trustee. The other Trustees have discussed the matter and agree that any conflicts can be adequately managed and that it is in the best interests of Slough Baptist Church that Jon and his family remain tenants of No.34. In the interests of transparency, the Trustees have self-reported the potential conflict to the Charity Commission and have received agreement on this approach.

5. Expenditure on charitable activities

Costs incurred directly on specific activities
Ministry staff salaries and expenses
Telephone and utilities
Facilities and IT costs
Depreciation of tangible fixed assets
Miscellaneous expenses
Grants payable (note 7)
Costs incurred on support and administration
Governance costs (note 8)
Support staff costs and training
Printing, postage and stationery
Insurance
Bank charges
Other support and administration costs
Total expenditure on charitable activities		 Total
Total
2025
2024
£
£
75,625
99,786
21,881
14,524
18,905
56,692
34,754
35,740
10,150
9,000
33,970
28,811
195,285
244,553
2,080
2,000
67,298
64,468
1,425
1,880
5,812
5,657
200
878
1,584
2,053
78,399
76,936
273,684
321,489

6 Other Expenditure

Advisory fees relating to potential renovations of the church building

Total Total
2025 2024
£ £
12,963 3,770

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Slough Baptist Church Trustees' Report & Annual Accounts 2025

SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

7. Grants payable

payable
Christian Connections in Schools
Smile Uganda
Bulgarian Support Fund
WEC
People In Need Fund gifts
Baptist Missionary Society
Home Mission Fund
Compassion
Cippenham Baptist Church
Slough Foodbank
Tearfund		 Total
Total
2025
2024
£
£
11,861
11,655
8,404
5,354
4,241
4,164
4,248
3,123
1,750
1,454
1,235
1,235
1,222
1,210
384
352
500
-
125
-
-
264
33,970
28,811

No grants to individuals were given to any trustees.

8. Governance Costs

ance Costs
Total Total
2025 2024
£ £
Independent examination fees 2,080 2,000

Fees payable to Stewardship, other than for the independent examination, for payroll bureau services, totalled £752 (2024: £810, including consultation fees).

Slough Baptist Church Trustees' Report & Annual Accounts 2025

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SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

9. Employee and Related Party Information

yee and Related Party Information
2025
Wages and salaries
Social security costs
Pension costs
Reimbursed expenses
Training costs
Total staff costs
Prior Year (2024)
Wages and salaries
Social security costs
Pension costs
Reimbursed expenses
Training costs
Total staff costs		 Ministry
Support
Total
Staff
Staff
2025
£
£
£
51,688
54,405
106,093
3,994
2,556
6,550
15,346
10,337
25,683
71,028
67,298
138,326
2,271
2,271
2,326
2,326
75,625
67,298
142,923
Ministry
Support
Total
Staff
Staff
2024
£
£
£
69,153
49,048
118,201
4,059
2,484
6,543
19,910
12,792
32,702
93,122
64,324
157,446
6,459
69
6,528
205
75
280
99,786
64,468
164,254

The average number of staff during the year was as follows:

Full time
Part time		 2025
2024
1.4
3
2
1
3.4
4

There were no employees with emoluments above £60,000. Most of the charity's activities are carried out by volunteers.

Ministry staff, Keith Wilson and Elsie Fraser, in their roles as Ministry staff and not as trustees, received combined salaries of £51,688, pension contributions of £15,345 and expense reimbursements of £2,271 during the year to 30 September 2025, as permitted by the governing document.

The aggregate amount of donations from individuals who were trustees at any time during the financial year or from their related parties, was £65,368 (2024: £61,302).

Slough Baptist Church Trustees' Report & Annual Accounts 2025

Page 17

SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

le Fixed Assets
Valuation, 1 October 2024
Additions during the year
Disposals during the year
Valuation, 30 September 2025
Accum. depreciation, 1 Oct. 2024
Charge for the year
Depreciation on disposals
Accum. depreciation, 30 Sep. 2025
Net book value, 30 September 2025		 Freehold
Computer
Other
Total
Properties
Equipment Equipment
£
£
£
£
1,538,774
21,359
145,684
1,705,817
1,361
1,259
2,620
-
1,538,774
22,720
146,943
1,708,437
832,774
20,484
124,962
978,220
30,914
758
3,082
34,754
-
863,688
21,242
128,044
1,012,974
675,086
1,478
18,899
695,463
Net book value, 1 October 2024 706,000
875
20,722
727,597

10. Tangible Fixed Assets

The insurance reinstatement values of church properties in 1997 were:

Church building
Manse
34 Windsor Road
Additions since 1996:		 1,087,000
120,000
75,000
1,282,000
256,774
1,538,774		 1,087,000
120,000
75,000
1,282,000
256,774
1,538,774
1,538,774

All properties are held in an Endowment Fund, to reflect the fact that the sales proceeds are to be spent on capital expenditure only.

11. Debtors and prepayments

Income tax recoverable (gift aid)
Prepayments
Other receivables
ments
Baptist Union Loan Fund
ors: amounts falling due within one year
Independent examination fees accrued
Mission and tithe payments due to be passed on
Rent received in advance
Expense claim to be reimbursed
Accrued council tax catch-up due
Other creditors and accruals		 Total
Total
2025
2024
£
£
10,910
18,906
289
429
643
469
11,842
19,804
Total
Total
2025
2024
£
£
25,191
24,864
Total
Total
2025
2024
£
£
2,070
2,000
1,398
1,906
400
400
1,852
117
680
299
52
193
6,452
4,915

12. Investments

13. Creditors: amounts falling due within one year

Slough Baptist Church Trustees' Report & Annual Accounts 2025

Page 18

SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

14. Restricted Funds

2025
Endowment Fund
Building Fund
Mission Funds
Church Fund
Cause for the Month Fund
Friday Families (was Coffee Pot)
YaS Fund
PIN Fund
Other restricted
Prior Year (2024)
Endowment Fund
Building Fund
Mission Funds
Church Fund
Cause for the Month Fund
Friday Families (was Coffee Pot)
YaS Fund
Other restricted		 Opening
Incoming
Outgoing
Transfers
Closing
Balances
Resources Resources
Balances
£
£
£
£
£
706,000
(30,914)
675,086
9,543
2,381
(11,924)
-
21,945
5,684
(5,053)
(1,718)
20,858
81,714
35,563
(38,079)
(2,620)
76,578
552
-
-
552
296
437
(120)
613
514
514
-
1,750
(1,750)
-
685
132
(465)
352
821,249
45,947
(88,305)
(4,338)
774,553
Opening
Incoming
Outgoing
Transfers
Closing
Balances
Resources Resources
Balances
£
£
£
£
£
736,914
(30,914)
706,000
13,314
(3,770)
9,544
20,932
3,191
(2,178)
21,945
116,836
35,741
(70,863)
81,714
552
-
-
552
318
373
(395)
296
553
(39)
514
802
510
(1,643)
1,016
685
890,221
39,816
(109,803)
1,016
821,249

The Endowment Fund holds all the properties owned by the church. The Mission Funds are used for collecting donations for missionary causes, either specified in advance or allocated as determined later by the church members.

The 2025 transfer from Mission funds was to finance a payment to missions through the Tithe Fund. The 2025 transfer from the Church Fund related to church equipment transferred to the General Fund. The fund transfer in 2024 was from the General Fund to the PIN Fund.

15. Unrestricted Funds

2025
General fund
Designated Funds:
Church Designated Fund
Tithe Fund
Prior Year (2024)
General fund
Designated Funds:
Tithe Fund		 Opening
Incoming
Outgoing
Transfers
Closing
Balances
Resources Resources
Balances
£
£
£
£
£
102,015
232,415
(171,300)
(20,621)
142,509
10,000
10,000
2,083
(27,042)
24,959
-
104,098
242,415
(198,342)
4,338
152,509
Opening
Incoming
Outgoing
Transfers
Closing
Balances
Resources Resources
Balances
£
£
£
£
£
101,545
213,070
(190,277)
(22,323)
102,015
5,955
(25,179)
21,307
2,083
107,500
213,070
(215,456)
(1,016)
104,098

The Tithe Fund receives no donations. A set proportion of the budgeted income of the General Fund is spent on tithe gifts, with the occasional tithe gift coming out of the Mission Fund. For the year ended 30 September 2025, the amount transferred from the General to the Tithe Fund was set at 10% of income (2024: 10%).

Slough Baptist Church Trustees' Report & Annual Accounts 2025

Page 19

SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

16. Analysis of Net Assets between Funds

2025
General Funds (unrestricted)
Church Designated Fund
Tithe Fund (designated)
Total Unrestricted
Restricted Funds:
Endowment Fund
Church Fund
Mission Funds
Cause for the Month Fund
Building Fund
Friday Families Fund
YaS Fund
Other restricted
Total Restricted
Total Funds
Prior Year (2024)
General Funds (unrestricted)
Tithe Fund (designated)
Total Unrestricted
Restricted Funds:
Endowment Fund
Church Fund
Mission Funds
Cause for the Month Fund
Building Funds
Friday Families Fund
YaS Fund
Other restricted
Total Restricted
Total Funds		 Tangible
Bank
Other net
fixed
balances
current
Total
assets
assets
£
£
£
£
20,377
94,208
27,924
142,509
10,000
10,000
-
20,377
104,208
27,924
152,509
675,086
675,086
76,361
217
76,578
18,412
2,445
20,857
557
(5)
552
-
-
612
612
514
514
354
354
675,086
96,810
2,657
774,553
695,463
201,018
30,581
927,062
Tangible
Bank
Other net
fixed
balances
current
Total
assets
assets
£
£
£
£
21,597
46,599
33,819
102,015
2,083 .
2,083
21,597
48,682
33,819
104,098
706,000
706,000
77,778
3,935
81,713
19,851
2,094
21,945
557
(5)
552
9,543
9,543
296
296
514
514
777
(91)
686
706,000
109,316
5,933
821,249
727,597
157,998
39,752
925,347

Slough Baptist Church Trustees' Report & Annual Accounts 2025

Page 20

SLOUGH BAPTIST CHURCH - YEAR ENDED 30 SEPTEMBER 2025

NOTES TO THE FINANCIAL STATEMENTS

17. Detailed Statement of Financial Activities by Fund Type with Comparatives

STATEMENT OF FINANCIAL ACTIVITIES

Total
Total
£
£
£
£
£
£
£
£
£
£
2025
2024
2025
2024
2025
2024
2025
2024
2025
2024
Incoming Resources
Incoming resources from generated funds:
Voluntary income
220,105
200,269
10,000
45,400
39,443
275,505
239,712
Investment income
1,832
2,894
1,832
2,894
Incoming resources from charitable activities
437
373
437
373
Other incoming resources
10,478
9,907
110
-
10,588
9,907
Total Incoming Resources
232,415
213,070
10,000
-
-
-
45,947
39,816
288,362
252,885
Resources expended
Cost of generating funds
Charitable activities
171,300
190,277
27,042
25,179
30,914
30,914
44,428
75,119
273,684
321,489
Other expenditure
12,963
3,770
12,963
3,770
Total resources expended
171,300
190,277
27,042
25,179
30,914
30,914
57,391
78,889
286,647
325,259
Net Incoming/(outgoing) resources before
transfers between funds
61,115
22,793
(17,042)
(25,179)
(30,914)
(30,914)
(11,444)
(39,074)
1,715
(72,374)
Transfers
Gross transfers between funds
(20,621)
(22,323)
24,959
21,307
-
-
(4,338)
1,016
-
-
Net Movement of Funds
40,494
470
7,917
(3,872)
(30,914)
(30,914)
(15,782)
(38,058)
1,715
(72,374)
Reconciliation of Funds
Total funds brought forward
102,015
101,545
2,083
5,955
706,000
736,914
115,249
153,307
925,347
997,721
Total funds carried forward
142,509
102,015
10,000
2,083
675,086
706,000
99,467
115,249
927,062
925,347
-- Unrestricted Funds --
-- Restricted Funds --
General
Designated
Endowment
Income		 -- Unrestricted Funds -- -- Unrestricted Funds -- -- Restricted Funds -- -- Restricted Funds -- Total Total
General Designated Endowment Income
232,415
213,070
10,000
-
-
-
45,947
39,816
288,362
252,885
171,300
190,277
27,042
25,179
30,914
30,914
44,428
75,119
273,684
321,489
12,963
3,770
12,963
3,770
171,300
190,277
27,042
25,179
30,914
30,914
57,391
78,889
286,647
325,259
61,115
22,793
(17,042)
(25,179)
(30,914)
(30,914)
(11,444)
(39,074)
1,715
(72,374)
(20,621)
(22,323)
24,959
21,307
-
-
(4,338)
1,016
-
-
40,494
470
7,917
(3,872)
(30,914)
(30,914)
(15,782)
(38,058)
1,715
(72,374)
102,015
101,545
2,083
5,955
706,000
736,914
115,249
153,307
925,347
997,721
142,509
102,015
10,000
2,083
675,086
706,000
99,467
115,249
927,062
925,347

Slough Baptist Church Trustees' Report & Accounts 2025

Page 21