## **TYNDALE BAPTIST CHURCH FINANCIAL STATEMENTS 31 MARCH 2025**
## **Charity Number 1133943**
## **TYNDALE BAPTIST CHURCH**
## **FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
|**Contents**|**Pages**|
|---|---|
|Trustees’ Annual Report|1-4|
|Reference & Administrative Information|5|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Accounts|9-18|
## **TYNDALE BAPTIST CHURCH**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2025**
## **Structure, Governance and Management**
The Deacons (12), Secretaries and Treasurer are elected for a 3 year renewable term (up to 4 Deacons and one Officer annually). Their Election is dependent on the support of two thirds of members present and voting at a Church Meeting by church members.
Deacons’ Meetings and Church Meetings are held monthly and a sub-committee exists for finance. Church Meetings are now held following morning worship on the third Sunday of the month.
All organisational leaders, and some others, are subject to the approval of the Church Meeting.
The Church has policies on Health & Safety, Financial Reserves, Investments and Accounting disciplines. There are clearly established “Safe to Grow” guidelines and policies in respect of work and involvement with children, young people and adults at risk.
The major risks to which the charity is exposed, as identified by the trustees, are reviewed on an on-going basis. Systems have been established to mitigate those risks and are an integral part of the governance and management of the Church.
## **Objectives and Activities**
The Mission Statement of the church sets out our objectives:
What does Tyndale Baptist Church stand for?
* WORSHIP Celebrating the presence of God * MESSAGE Inviting people to discover Jesus Christ * COMMUNITY Providing mutual commitment and support * SERVICE Caring for people around and about us * EXPLORATION Making connections between faith and life
## **Public Benefit**
We have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.
## **Ministry**
The Revd Sam King continues to challenge Tyndale through his preaching and the subjects covered by his Faith Matters series that takes place at time@tyndale. Sam did take a month’s sabbatical in July of this year with the intention to take a further two months next year. Sam also played an important part in the local ‘Churches Together Lent Conversation’ group, presenting a series of talks during Lent themed on ‘Facets of Violence’, with a number of prominent speakers.
## **Church Property**
The old rose beds at the side of the church were laid to grass and had two cherry trees planted at the centre of them. This has provided a place for local office workers to enjoy a time away from their desks. During the year the boilers that had served the church building for over 50 years were decommissioned and replaced by two state-of-the-art condensing boilers. Since Covid in 2020 a member of the church had been undertaking the weekly cleaning duties; this changed in late Autumn when a commercial cleaning company was appointed.
## **Worship at Tyndale**
The style of worship tends to be “liturgical” in structure and content but also embraces a wide range of traditions. The Minister has encouraged a wider participation from the congregation within worship, with different individuals leading the Prayers and other prayer styles being introduced. We have followed a
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## **TYNDALE BAPTIST CHURCH**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2025**
number of themes during our regular Sunday morning worship including a compilation of our sermon series on 2 Corinthians, Psalms and Characters of the Nativity. On the second Sunday of each month we have an opportunity for people to receive prayer after the service.
## **Church Membership**
The Church practices open membership and communion and has members from a variety of church traditions and backgrounds. The current membership is 95.
## **Pastoral Care**
Pastoral care has continued to take place as a priority for the church. This has been achieved by personal contact of the Minister visiting the fellowship, along with the continued support given by a number of the church family who visit, use the telephone and email those remote members of the congregation. This has been coordinated by the Pastoral Deacon, Denise Lewis.
## **Church Life**
We maintain our support of Baptist World Mission and Christian Aid. The church has continued to help raise awareness and funds for the Ukrainian war through collections and held a charity barbecue in August of this year.
We continued to support the Bristol North West Foodbank, and this included a donation of items from our harvest service.
For six months during October to March 2025 the ‘Bristol Churches Shelter’ project operated, providing accommodation for up to 12 homeless men and women in a local bed and breakfast. The church financially and prayerfully supported this initiative and provided summer storage for their bedding and provisions. We also supplied hosts and food every Monday for a 6 week period in January and February.
As part of the year’s ‘Churches Together Lent Lectures’ Tyndale hosted an art exhibition of paintings by Jen Ford, based on ‘Silenced Women of the Bible’.
The Tyndale Circle Day Centre was founded by, and is hosted by, the Church but is now a separately registered charity. In partnership with the surrounding churches it provides a weekly day centre for 10 people suffering from memory loss and gives the carers a welcome break for the day or the opportunity to take advantage of the Carers’ Support Group which meets monthly.
Our Renew Wellbeing Cafe (using the model established by the Renew Wellbeing Charity) continued to support a number of people with mental health issues. It provides a time for tea, coffee, activities, conversation and prayer. _time@tyndale_ on Wednesday evenings has continued to have a varied programme of a monthly communion service, speakers, discussions, and the introduction of a film evening with discussion. A new initiative called ‘The 1[st] Wednesday Community Meal’ was started in May, providing a hearty free meal on the first Wednesday of each month throughout the year and has enhanced the time@tyndale programme. The existing Thursday online Zoom Coffee Shop has continued during the year engaging with a number of the fellowship who are unable to attend regular events or worship.
The Church continues to play an important part in supporting the University of Bristol Free Church Chaplaincy financially and prayerfully. Our Minister, Revd Sam King, serves as Chaplain to the Bristol Baptist College and continues to work every Wednesday in this role. A number of other church members are involved in the life of the College.
## **Other Community Involvement**
The Church premises are used widely by the community. These include the Bristol Chinese Christian Church, ‘Mummies and Music’, Les Petits Zouzous, Alliance Francaise and Cards For Good Causes, along with several local choirs and music concerts. It is registered as a ‘Community Place of Safety’ with Bristol
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## **TYNDALE BAPTIST CHURCH**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2025**
City Council as well as being used as a Polling Station and a winter vaccine centre for a number of local GP’s surgeries.
## **Further information**
Each organisation within the Church provides an annual report. These are collated and presented at the Annual Church Meeting and contain more information than the briefer summary provided here. A copy of the collated reports is available from the Church Secretary.
## **Achievements and Performance**
In addition to all the continuing work reported in the previous sections the Church has maintained its production of a bi-monthly church magazine called “The Link”. The Church also runs a website that includes details of meetings and extracts from “The Link”, along with the ‘thought for the day’.
## **Financial Review**
The everyday giving for the year saw a decrease on the previous year, to just over £65,000. During the year we have continued to see an increasing use of the church premises bringing in just over £28,400 compared to just over £25,000 in the previous year.
Our Minister was also employed as Chaplain at the Baptist College here in Bristol one day a week. This netted the church a further £8,100 over the year. While our total general income this year increased to just over £167,000, (from £154,000 the previous year), this included legacies of almost £12,000.
Our expenditure on operating and maintaining our extensive premises increased dramatically this year to just over £105,700 due to the replacement of our church boilers at a cost of just over £62,700. Ministry expenditure accounted for further amount of just over £36,000 and just over £22,500 was donated to outside organisations. Even with the expenditure on the boilers our expenditure only exceeded general income by just over £4,000, at £171,000.
Our designated reserves arise primarily from several sources. The Fabric Fund has been built up from general funds to provide for future major repairs to our extensive premises. The Folk House Trust / Richard Glover Fund, our oldest fund, was created following the sale of the Folk House in the early 1960s to support additional work in the church. The other Funds arise mainly from gifts and legacies, which although not restricted in use are intended to provide investment income to support the work of the church.
The Church has adopted the Baptist Union of Great Britain policy on ethical investment. A policy of balanced growth and income has been adopted as the current investment objective. The church’s investments are held in the West of England Baptist Association Trust Company Common Portfolio. Short term deposits are placed through the Charities Official Investment Fund Deposit account, various small banks and building societies and National Savings.
The Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (the free reserves) held by the charity should be approximately 3 months of expenditure, which equates to approximately £42,750 in general funds. At this level, the Trustees feel that they would be able to continue the current activities of the organisation in the event of a significant drop in funding. At the year end, free reserves were £206,816 (2024: £231,428), which is currently above the required level.
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## **TYNDALE BAPTIST CHURCH**
## **TRUSTEES ANNUAL REPORT**
## **YEAR ENDED 31 MARCH 2025**
## **Responsibilities of the Deacons**
The Deacons are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Deacons to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the Deacons are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Deacons are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. 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.
## 8 December 2025
By order of the Deacons on …………………..
Julian M M West Church Treasurer
4
## **TYNDALE BAPTIST CHURCH**
## **REFERENCE & ADMINISTRATIVE INFORMATION**
## **YEAR ENDED 31 MARCH 2025**
The Church was created by Trust Deed on 27 February 1869 as a Church within the Baptist Denomination. The Holding Trustee for the land and buildings is the West of England Baptist Trust Company (West) Ltd.
The Church became a registered charity on 1[st] February 2010. The Charity Reference number is 1133943. The HM Revenue & Customs Charity Reference is X27101.
## **Managing Trustees**
The Managing Trustees are the elected Deacons, Church Officers and Minister who for the year covered by this report were:
Mr David Bell Mr Graham Lewis Mr Nick Parsons Mrs Merry Stewart
Mrs Margaret Clements Mrs Rachel Molyneux Dr Debbie Pinfold Dr Ian Waddington
Dr Ian Holyer Ms Dorette Morgan Mr Brian Pratt Mrs Elizabeth Webb
Revd Sam King (Minister) Mr Bruce Lloyd (Church Secretary) Mrs Denise Lewis (Church Secretary) Mr Julian West (Church Treasurer)
## **Address**
Tyndale Baptist Church Whiteladies Road Clifton Bristol BS8 2QG
## **Independent Examiner**
Joshua Kingston BSc. FCA Burton Sweet Limited The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
## **Bankers**
Santander Charities Official Investment Fund Bootle 80 Cheapside Merseyside GIR 0AA London EC2V 6DZ
## **Investment Manager**
West of England Baptist Association Trust Company, Little Stoke Baptist Church, Kingsway, Bristol BS34 6JW.
5
## **TYNDALE BAPTIST CHURCH**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TYNDALE BAPTIST CHURCH**
## **YEAR ENDED 31 MARCH 2025**
I report to the trustees on my examination of the accounts of Tyndale Baptist Church (the Charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Charity 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 in order to enable a proper understanding of the accounts to be reached.
## ota. Kingston
8 December 2025
…………………………………………… Date: ……………..
Joshua Kingston BSc. FCA Burton Sweet Limited Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR
6
## **TYNDALE BAPTIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2025**
**----- Start of picture text -----**
Unrestricted Restricted Endowment Total Funds Total Funds
Funds Funds Funds 2025 2024
Note £ £ £ £ £
Income from:
Donations 2 100,305 4,045 - 104,350 97,045
Other trading activities 3 40,383 - - 40,383 37,128
Investment income 22,298 - - 22,298 20,344
Total income 162,986 4,045 - 167,031 154,517
Expenditure on:
Charitable activities
Grants payable 4 17,758 4,760 - 22,518 18,736
Costs of activities in furtherance
of charity's objects 5 149,408 - - 149,408 80,372
Total expenditure 167,166 4,760 - 171,926 99,108
Unrealised gains/(losses) 10 1,333 - - 1,333 12,213
on investments
Net income/(expenditure) 6 (2,847) (715) - (3,562) 67,622
Actuarial gains on defined - - - - 39
benefit pension schemes
Net movement in funds (2,847) (715) - (3,562) 67,661
Total funds at 1 April 13 5,517,840 770 23,000 5,541,610 5,473,949
Total Funds at 31 March 13 5,514,993 55 23,000 5,538,048 5,541,610
**----- End of picture text -----**
There are no recognised gains or losses other than the results for the year as set out above.
All activities are classed as continuing.
Fund-accounting comparative transactions are shown in note 7
**The notes on pages 9 to 18 form part of these financial statements**
_____________________________________________________________________________________________
7
## **TYNDALE BAPTIST CHURCH**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2025**
|**Notes**
**Fixed assets**
Tangible fixed assets
**9**
Investments
**10**|**2025**
2024
**£**
£
4,886,039
4,886,742
166,198
164,865|
|---|---|
|**Current assets**
Debtors (including debtors due
after one year)
**11**
Short Term Deposits
Cash at bank|5,052,237
5,051,607
5,430
9,584
473,308
432,123
35,779
73,120|
|**Creditors: amounts falling**
**due within one year**
**12**|514,517
514,827
(28,706)
(24,824)|
|**Net current assets**|485,811
490,003|
|**Total net assets**|5,538,048
5,541,610|
|**Unrestricted funds**
General funds
**14**
Designated Funds
**14**|215,769
231,428
5,299,224
5,286,412|
|**Restricted Funds**
**14**
**Endowment Funds**
**14**|5,514,993
5,517,840
55
770
23,000
23,000|
|**Total funds**|5,538,048
5,541,610|
Approved by the Trustees on ..……........................... and signed on their behalf by:8 December 2025
…………………………………………..
Julian West
**The notes on pages 9 to 18 form part of these financial statements**
_____________________________________________________________________________________________
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**TYNDALE BAPTIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **1 Accounting Policies**
- a) The financial statements have been prepared in accordance with the historical cost convention (except for investments which have been included at fair value) and 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) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The charity meets the definition of a public benefit entity under FRS102.
The trustees consider that the charity is able to continue as a going concern for at least the next twelve months. Please refer to the trustees' consideration in theTrustees' Report.
- b) Income from donations is included when it is receivable, except as follows:
- I. When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods;
- II. When donors impose conditions, which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met.
- c) Legacies are recognised when the charity is legally entitled to the legacy and the amount can be quantified with reasonable accuracy. Entitlement is regarded as the earlier of the charity being notified of an impending distribution or the legacy being received.
- d) Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure includes attributable VAT, which cannot be recovered.
- e) Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment, but not accrued as expenditure.
- f) Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition.
- Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment
15% per annum on a reducing balance basis
- g) Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the accounting period.
- h) Cash at bank includes cash and short-term highly liquid investments with a notice of withdrawal period of three months or less.
- i) Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
_____________________________________________________________________________________________
9
**TYNDALE BAPTIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
- **1 Accounting Policies (continued)**
- j) Creditors are recognised where the charity has a present obligation resulting from a past event event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
- k) Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees.
- l) Designated funds are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
- m) Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of management and support costs. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2 Donations**
|Offerings
Donations and gifts
Legacies
Gift aid|**Total**
Total
**Unrestricted**
**Restricted**
**Endowment**
**Funds**
Funds
**Funds**
**Funds**
**Funds**
**2025**
2024
**£**
**£**
**£**
**£**
£
65,031 - - 65,031 71,246
8,127 4,045 - 12,172 9,873
11,934 -
11,934 -
15,213 - - 15,213 15,926
100,305 4,045 - 104,350 97,045|
|---|---|
In the prior year, all donations received were for unrestricted general purposes, apart from a restricted donation of £2,311.
During the year £33,974 was received from trustees and related parties (2024: £34,377).
## **3 Income from other trading activities**
|Room hire
Ground rents received
Coffee shop income|**Total**
Total
**Unrestricted**
**Restricted**
**Endowment**
**Funds**
Funds
**Funds**
**Funds**
**Funds**
**2025**
2024
**£**
**£**
**£**
**£**
£
28,420 - - 28,420 25,002
11,000 - - 11,000 11,000
963 - - 963 1,126
40,383 - - 40,383 37,128|
|---|---|
In the prior year, all income from other trading activities was for unrestricted purposes.
_____________________________________________________________________________________________
10
**NOTES TO THE FINANCIAL STATEMENTS**
## **TYNDALE BAPTIST CHURCH**
## **YEAR ENDED 31 MARCH 2025**
**----- Start of picture text -----**
4 Grants payable
Unrestricted Restricted Endowment Total Funds
Funds Funds Funds 2025
£ £ £ £
Baptist Missionary Society 7,500 - - 7,500
Baptist Home Mission 7,500 - - 7,500
Bristol Baptist College 1,000 - - 1,000
University of Bristol chaplaincy 590 - - 590
Ukraine fund - 3,086 - 3,086
Embrace the Middle East - 569 - 569
Nightshelter 284 - 284
Tyndale Circle - 720 - 720
Other Mission, Donations and gifts <£250 884 385 - 1,269
17,758 4,760 - 22,518
Unrestricted Restricted Endowment Total Funds
Prior year comparative Funds Funds Funds 2024
£ £ £ £
Baptist Missionary Society 7,250 70 - 7,320
Baptist Home Mission 7,250 - - 7,250
Bristol Baptist College 1,000 - - 1,000
University of Bristol chaplaincy 590 - - 590
J Entrican 500 - - 500
First Baptist Church, Wroclaw, Poland - 886 - 886
Foodbank - 640 - 640
Other Mission, Donations and gifts <£250 550 - - 550
17,140 1,596 - 18,736
**----- End of picture text -----**
_____________________________________________________________________________________________
11
**NOTES TO THE FINANCIAL STATEMENTS**
## **TYNDALE BAPTIST CHURCH**
## **YEAR ENDED 31 MARCH 2025**
## **5 Costs of activities in furtherance of charity’s objectives**
|Minister’s stipend and employer's costs
Preaching fees
Music, choir and worship
Events
Other
Link magazine
_Support costs_
Household costs
Heat and light
Depreciation
Council tax and rates
Insurances
Office, paper & print costs
Telephone and postage
Fees and subscriptions
_Governance costs_
Independent examiner’s fee
Repairs, Equipment and renewals|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
Total Funds
**Funds**
**Funds**
**Funds**
**2025**
2024
**£**
**£**
**£**
**£**
£
35,377
-
-
35,377 32,856
595
-
-
595 180
902
-
-
902 1,551
1,254
-
-
1,254 587
312
-
-
312 230
290
-
-
290 401
68,585
-
-
68,585 8,102
5,555
-
-
5,555 909
17,534
-
-
17,534 17,721
703
-
-
703 781
5,606
-
-
5,606 3,056
8,516
-
-
8,516 8,232
790
-
-
790 808
353
-
-
353 622
996
-
-
996 2,476
2,040
-
-
2,040 1,860
149,408
-
-
149,408 80,372|
|---|---|
In the prior year, all expenditure was from unrestricted funds.
## **6 Net income/expenditure is stated after charging:**
Independent examiner’s fee
**2025** 2024 **£** £ 2,040 1,860
_____________________________________________________________________________________________
12
**TYNDALE BAPTIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
## **7 Fund-accounting comparative figures**
|**_Income from:_**
Donations
Other trading activities
Investment income
**Total income**
**_Expenditure on:_**
_Charitable activities_
Grants payable
Costs of activities in furtherance
of charity's objects
**Total expenditure**
**Unrealised (losses) on**
**Net income/(expenditure)**
**Actuarial gains/(losses) on defined**
**benefit pension schemes**
**8**
**Salaries**
Salaries
Employer's pension contributions
**Total Funds at 31 March**
**investments**
**Total Funds at 1 April**
**Net movement in funds**|**Unrestricted**
**Restricted**
**Endowment**
**Total Funds**
**Funds**
**Funds**
**Funds**
**2024**
**£**
**£**
**£**
**£**
94,734
2,311
-
97,045
37,128
-
-
37,128
20,344
-
-
20,344
152,206
2,311
-
154,517
17,140
1,596
-
18,736
80,372
-
-
80,372
97,512
1,596
-
99,108
12,213
-
-
12,213
66,907
715
-
67,622
39
-
-
39
66,946
715
-
67,661
5,450,894
55
23,000
5,473,949
5,517,840
770
23,000
5,541,610
**2025**
2024
**£**
£
31,460
29,204
3,917
3,652
35,377
32,856|
|---|---|
The average weekly number of employees during the year was 1 (2024:1), the church's full-time minister.
No employee received more than £60,000 during the year.
_____________________________________________________________________________________________
13
**TYNDALE BAPTIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **8 Salaries (continued)**
Rev S King, a trustee, received a stipend of £31,460 (2024: £29,204) for his duties as Minister. The charity also paid employer's national insurance contributions of £Nil (2024: £Nil) and pension contributions of £3,917 (2024: £3,640). He did not receive payment for his services as trustee. Pension deficiency contribution adjustments of £12 (2024: £12) were recognised within the accounts.
The trustees consider the key management personnel to be themselves. Total employee benefits paid to the Minister for his duties as Minister (not as trustee) were £35,377 (2024: £32,856).
## **9 Tangible Fixed Assets**
|**Cost**
At 1 April 2024
Additions
At 31 March 2025
**Depreciation**
At 1 April 2024
Charge for the year
At 31 March 2025
**Net book value**
**At 31 March 2025**
At 31 March 2024|**Equipment,**
**Church**
**Fixtures &**
**Buildings**
**Fittings**
**Total**
**£**
**£**
**£**
4,882,313 20,102
4,902,415
-
-
-
4,882,313 20,102 4,902,415
-
15,673
15,673
-
703
703
-
16,376 16,376
**4,882,313**
**3,726**
**4,886,039**
4,882,313
4,429
4,886,742|
|---|---|
## **Property – Buildings**
The Church buildings comprise the Church Sanctuary, ground floor halls, basement halls (known as the Tyndale Centre) and at first floor level, the Harold Bodey Room and the Stewards Flat. In addition, the Church owned a semi-detached house as Manse accommodation for the senior Minister, situated at 30 Fallodon Way, Bristol. Depreciation has not been charged on the Church or Manse premises, because in the opinion of the trustees, the residual value of the assets are not less than the carrying value.
The Steward occupies the flat rent free in return for providing halls management and general security services.
The West of England Baptist Trust Company (West) Ltd is the holding (custodian) trustee for all the above property.
_____________________________________________________________________________________________
14
## **TYNDALE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
**----- Start of picture text -----**
10 Investments
2025 2024
£ £
Market value at 1 April 164,865 152,652
(Losses)/Gains in the year 1,333 12,213
Market value at 31 March 166,198 164,865
Cost at 31 March 150,000 150,000
11 Debtors
2025 2024
£ £
Income tax recoverable 1,539 2,556
Other debtors 3,891 7,028
5,430 9,584
12 Creditors Falling Due Within One Year
2025 2024
£ £
Other creditors 25,700 22,700
Accruals and deferred income 3,006 2,124
28,706 24,824
**----- End of picture text -----**
_____________________________________________________________________________________________
15
## **TYNDALE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
## **13 Movement in funds**
|**Endowment Funds**
Folk House Trust fund
**Restricted funds**
Bristol Sunday School
Special collections
**Unrestricted funds**
**_Designated funds_**
Trust fund
Fabric fund
Glover fund
Legacies fund
Fixed asset designated
fund
**_General funds_**
**Total funds**|**At 1 April 2024**
**Income**
**Expenditure**
**Transfers**
**Gains/Losses At 31 March 2025**
**£**
**£**
**£**
**£**
**£**
**£**
23,000
-
-
-
-
23,000
23,000
-
-
-
-
23,000
55
-
-
-
-
55
715
4,045
(4,760)
-
-
-
770
4,045
(4,760)
-
-
55
32,794
-
-
-
-
32,794
57,418
-
-
-
-
57,418
15,837
878
-
-
-
16,715
298,050
11,934
-
-
-
309,984
4,882,313
-
-
-
-
4,882,313
5,286,412
12,812
-
-
-
5,299,224
231,428
150,174
(167,166)
-
1,333
215,769
5,541,610
167,031
(171,926)
-
1,333
5,538,048|
|---|---|
## **Designated funds**
Designated funds are set aside by the Trustees to provide income for general purposes and to provide a contingency for unexpected and future costs.
The Trust Fund was a gift to the Church with the intention again to generate income for the Church.
The Glover Fund is a very old fund arising out of the sale of property with the sole purpose of providing investment income to support additional work or specific projects. Currently this income is accruing to help support the possible appointment of an Associate Minister.
The Fabric Fund has been created from general funds to provide a contingency to cover emergency repairs to our extensive premises.
The Taylor Legacy Fund arises from a legacy received in 2010 and is currently being used to generate investment income to support the general work of the Church.
The Legacies Fund is an accumulation of 3 previous legacies received which all had similar objectives in generating investment income to support the general work of the Church.
Fixed asset designated fund represents the net book value of church buildings.
The Organ fund included funds given for the upkeep of the organ. These funds have now been spent.
The Garden fund included funds received to spend on the garden. These funds have now been spent.
## **Restricted funds**
Special collections included a Ukraine crisis appeal during the year.
The Bristol Sunday School funds were given for running a Sunday School.
_____________________________________________________________________________________________
16
**TYNDALE BAPTIST CHURCH**
**NOTES TO THE FINANCIAL STATEMENTS**
**YEAR ENDED 31 MARCH 2025**
## **13 Movement in funds (continued)**
## **Endowment funds**
Folk House Trust fund was created following the sale of Folk House in the early 1960s. The income generated by the investments held in this fund goes into the Rochard Glover fund, to support additional work in the church. It is considered that this fund is regarded as capital in nature and should be maintained.
Unrestricted funds are for the general purposes of the Church. This includes the pension reserve for Baptist Union pension scheme.
## **Prior year**
|**Endowment Funds**
Folk House Trust fund
**Restricted funds**
Bristol Sunday School
Special collections
**Unrestricted funds**
**_Designated funds_**
Trust fund
Fabric fund
Glover fund
Garden Fund
Organ Fund
Legacies fund
Fixed asset designated
fund
Pension reserve
**_General funds_**
**Total funds**|**At 1 April 2023**
**Income**
**Expenditure**
**Transfers**
**Gains/Losses At 31 March 2024**
**£**
**£**
**£**
**£**
**£**
**£**
23,000
-
-
-
-
23,000
23,000
-
-
-
-
23,000
55
-
-
-
-
55
-
2,311
(1,596)
-
-
715
55
2,311
(1,596)
-
-
770
32,794
-
-
-
-
32,794
37,418
-
-
20,000
-
57,418
14,927
910
-
-
-
15,837
271
-
(271)
-
-
-
180
-
(180)
-
-
-
298,050
-
-
-
-
298,050
4,882,313
-
-
-
-
4,882,313
(39)
-
-
-
39
-
5,265,914
910
(451)
20,000
39
5,286,412
184,980
151,296
(97,061)
(20,000)
12,213
231,428
5,473,949
154,517
(99,108)
-
12,252
5,541,610|
|---|---|
_____________________________________________________________________________________________
17
## **TYNDALE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **YEAR ENDED 31 MARCH 2025**
**----- Start of picture text -----**
14 Analysis of Net Assets Between Funds
Tangible Fixed Other Total
Assets Net Assets Funds
£ £ £
Endowment funds - 23,000 23,000
Restricted funds - 55 55
Unrestricted designated funds 4,886,039 413,185 5,299,224
Unrestricted general funds - 215,769 215,769
4,886,039 652,009 5,538,048
Prior year
Fixed Other Total
Assets Net Assets Funds
£ £ £
Endowment funds - 23,000 23,000
Restricted funds - 770 770
Unrestricted designated funds 4,886,742 399,670 5,286,412
Unrestricted general funds - 231,428 231,428
4,886,742 654,868 5,541,610
**----- End of picture text -----**
## **15 Related parties**
There were no related party transactions during this, or the prior year, other than those noted elsewhere in the accounts. No trustees received or waived expense payments during either the current, or previous year.
_____________________________________________________________________________________________
18
Audit Trail
|**Document Details**|**Document Details**||
|---|---|---|
|**Title**|Tyndale Baptist Church Financial Statements YE 31 March 2025||
|**File Name**|Tyndale Financial Statements 2025.pdf||
|**Document ID**|d5265a81e3374c77bd0158f3da851bad||
|**Fingerprint**|8cb4ff381df9b6b4b5538d7f7740f114||
|**Status**|Completed
Ld||
|**Document History**|||
|**Document Created**
Document Created by Burton Sweet (accounts@burton-sweet.co.uk)
Fingerprint: f361fb39321dbe6f223ab87757a2aa5b||Dec 08 2025
11:50AM UTC|
|**Document Sent**|Document Sent to Julian West (julianmmwest@gmail.com)|Dec 08 2025
11:50AM UTC|
|**Document Viewed**
Document Viewed by Julian West (julianmmwest@gmail.com)
IP: 31.52.121.4||Dec 09 2025
02:47PM UTC|
||Document Signed by Julian West (julianmmwest@gmail.com)||
||IP: 31.52.121.4||
|**Document Signed**
qian West||Dec 09 2025
02:50PM UTC|
|**Document Sent**|Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk)|Dec 09 2025
02:50PM UTC|
|**Document Viewed**
Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
IP: 185.249.213.98||Dec 09 2025
03:08PM UTC|
||Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)||
||IP: 185.249.213.98||
|**Document Signed**
qos
Kingston||Dec 09 2025
03:09PM UTC|
|**Document**|This document has been completed.|Dec 09 2025|
|**Completed**|Fingerprint: 8cb4ff381df9b6b4b5538d7f7740f114|03:09PM UTC|