2023-12-31-accounts

		Page
independent examiner's report to lhetrustees
Statement offinancial	activities
Statement offinancial	position
Notes to the financial	stateinents	4-16

Yearended 31	Dece	mber 202	3
					2023
				IJnrestnc ted	Restricted
			Note	fund s 8	funds	Total funds f	Total funds 6
Income and andes' ants
Donations and legacies			4	172,613		196,417	191,665
Investment income			5	1,324		1,324	128
Total income				173,937		197,741	191,793
Eapencfitore Expenditure on charitable		activfdes	6,7	185,933	25,249	211,182	224,600
Total expenditure				185,933	25249	211,182	224,600
Net incomei(loss)				(11,996)	(1,445)	(13,441)	(32,8D7
Transfem between	funds			5,921	(5.921)
ocher recognisecf	gains	and losses
Actuarid gains on	defined	benefit pension
schemes							21,400
Net movement In	furtds			(6,075)	(7,366)	(13,441)	(1'I,407)
Reconcit ladon of	funds
Total funds brought	forward			1,434,676	27,648	1,462,324	1,473,731
Total funds carried forwanl				1,428,601	2D,282	1,448,883	1,462,324

3f Oecember 20	23
						2923
					Nate
Fixed assets
Tangible fixed assets					12	1,315.159	1.315.159
Cunant assets
Debtors					13	9,73:?	9,234
Cash at bsnit and in hand						138.042	142,798
						145,774
Qedttorst amounts	faglng due wshbr one year				14	12.050	4,867
Itet currant assets						'I33,724	147.165
Total assets less current			liabiTifies			1.448,883	1.482.324
Oeitned benefit pension		plan liablity			15
lest assets including	degned benefit pensmn			plan fiability		1.448,883	1.462,324
Funds ofthe charily
Restricted fttnds						20,282	27,648
Unrestricted ftrnds:
Revaluabon reserve						687,617	687.617
Other unrestricted		income fursls				740,984	747,059
Total unrestricted funds						1,428.601	1.434,676
Total charity funds					17	1,448,883	1,462,324

Donarions and i	egeeiee
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2023
		K	6	6
Donsrrons
Offsrings		104,017	2,105	106,122
Tax refunds		16,635	1,928	1&.563
Other donations		7,679	19,771	27,450
Grants
Grants receivable
Other donaaena	and legaelea
Use of buildings	and legacies			44.282
		172,613	23.804	196.417
		Unrestricted	Restricted	Total Funds
		Furds	Furds	2022
				6
Donations
Offering s		112,780	1.920	114,700
Tax refunds		18,5&2	2,241	20,823
Other donations		2,923	15,483	18,306
Grants
Grants recta v able
Other delusions	and legacies
Use of buikiings	and legacas	31,336		31.336
		172,021	19,644

Expenditure on charitable ac6vts	es by fund type
	Unrestnctsd	Restricted	Total Funds
	Fund s f	Fund s f	2023
Mlnls try Establishment	61,079 77,130	3,649	77,130
hllission	30.773	21.400	52,173
Support costs	16,951		16,951
		25,249	211.162
	Llama tnctsd	Restncted	Total Funds
	Funds	Fund s f	2022
Ministry	82.970	1.340	64.310
Establishment	69,690		69,690
Mission	32,406	23,612	56,220
Support costs	14,380		t4.360
	199,446

	Activities
	undertaken	Grant funding		Total funds	Tata! fund
	direrlly f	of activtbes Support costs f f		2823 f	2022 f
Ministry	64.928		7,102	72,030	91,967
Establishment	77,130		6.347	63,477	73,660
Miss ron	28,173	24.000	3.502	55,675	5&,953
	'l70.231	24,000	16,951	2'l1,162

			. Total 2623	Total 2022 f
Church office			3,015	2,669
CommunicaUons	arxl	IT	6,045	5,769
Prindng and copier charees			1,306	1.300
Finance costs			2.091	1.954
Other support	costs		1,721	1.604
Rsfreshm ants			2,771	1.064
			16,951

Grants to lnsatudons
Baptist Upon Home Mission	11,000	11,005
BMSWorld hlission	13,000	13,000
Total grants	24.000	24,005

Wages	and salaries			55,151
Social	security costs			578
Other	pension costs —defined	benefit	12	2,707
Other	pension costs —defined	contribution	1,722	670
			36.184	59,106

Tangible 0xsd a	ssets
			Freehold
			property
Cast
At 1 January 2023 and 31December		2023	1,315.159
Osprsctagon
At 1 January 2023 and 31December		20ZI
Carrying amount At 31 December	2023		1,3'I5.150
At 31 December	2022		1,315.150

							Freehold
							property
	At 31Oecember		2023
	Aggregate	cost
	Aggregate	depreciation
	Carrying	value					635,159
	At 31 December		2022
	Aggregate	cost
	Aggregate	deprsctatton
	Carrying value						535,159
	Other debtors
						9,732	9,234
14.	Creditors:	amounts		fading due within	one year
	Accruals and defemxl			rncome		12,050
						12,050	4.867
15.	Pensions	and other		post retirement	benefits

Type ofenancitd assumpkon
RPI price inflation assumption		3.20
CPI price inflation assranpgon		2.70
Minimum Pensio nable krcome Increase
adjustment (above CP0
Pre&etirament assumed irwastment returns(gilt yield plus 1.75%ps)		2.95
Post retirement assumed inveslmant
returns (including benefits matched	by	1.70
the Insurtmce policy) (git ykrkf plus
0.5%ps)
Minimum Pensionable Income Increases
(CPI pius 0.5%)
Deferred pension Increases (based on
RPI)
- Pre Aprg 2009
—Post Apnl 2009
Pension increases
-Based on CPI with an annual floor 0% and annual cap of 5%.	of	2.70

Section 28.11A of FRS liability. The movement	102 requires agr in the provision is	eed deficit recovmy paym set out inthe table below.	ents to be recognis
Accounting date (year	enttingii	31Dec2023	31Dac 2022
Balance sheet liability at	year start		521,400
Minus deficiency contributions paid			(52,707)
interest cost (recognised	in SoFA)		FA01
Remaining change to balance sheet liability (recognised in SoFA)			(819,094)
Balance sheet liability at	year end

16,	Analysis ofcharitable fends	Analysis ofcharitable fends	Analysis ofcharitable fends
	Unrestricted		funds
			At				Gains and	At
			1Jan 2023	Income	Expenditure	Transfers	losses	31 Dec 2023
			E				E	8
	General Fund		676,880	173.937	(162,723)	(35,00D)		653,094
	Designated	Funds
	—Buildings
	Maintenance		49,414		(22,550)	40.921		67,785
	Designated	Funds
	- Commumty
	Events		4.257					4;257
	Legacy		16,5D8		(660)			15,848
	Revaluation
	reserve		687,617					687,617
			\,434,676	173,937	(185,933)	5.921		1,428,601
			At				Gains and	At
			1Jan 2022	Income	Expenditure	Transfers	losses	31 Dec 2022
				8		5	F
	General Fund		658,825	\86,849	(170,194)		21,400	676,88D
	Designated	Funds
	—Buildings
	Maintenance		7D,875	5,000	(26,461)			49,414
	Designated	Funds
	- Community
	Events		4,257					4,257
	Legacy		19,001	3M	(2,793)			16,508
	Revaiuation
	reserve		687,617					687,617
			'1,440,575	172,149	(199,448)		21,4M	1,434,676

	Al				Gains and			At
	1 Jan 2023	lrcome	Expenditure		losses	31	Dee	2023
			F
CHYP Fund	3.763	4,370	(4,596)					3,537
434 Fund	8,764		(2,950)					5,814
tvtinist0r Gifts	1,929	1,920	(3,849)
Ladies Evening
Fellowship	'i82	578	(602)					158
Pharaoh's Pantry	12,517	8,428	(10,735)				10,210
Womsns Hour	487	613	(543)					557
Gift Day 2023		7,895	(1,974)	(5,921)
Buil dings
Maintenance
	27,648	23,804	(25,249)	(5,921)
	At				Gains and			At
	1 Jan 2022	income	Expenditum		losses	31	Der.2022
		6
CHYP Fund	3,736	1,920	(1,893)				3,763
434 Fund	10,819	45	(2,100)				8,764
lubnratry Grfts	1,349	1,920	(1,340)					1,929
Ladies Afternoon
Fellowship	264		(586)					'i82
Pharaoh's Pantry	12,890	6,486	(6,859)				12,517
Womens Hour		576	(89)					487
Gift Day 2021	4.092		(4,092)
Gift Day 2022		8,193	(8,193)
Buldings
M sr ntsnanca
	33,156	19,644	(25,152)

Analysis	ofnet	funds
			Unrtetricled	Restricted	Tata I Funds
			Funds	Funds f	2o23 5
Tangible	fixed assets		1,315,159		1,315,159
Current	assets		125.492	20,282	145,774
Creditors	less than	1 year	.(12,050)		(12,050)
Defined	benefit pension
			1.428.601
			Unrestricted	Restricted	Torsi Funds
			Funds	Funds	2022
				f
Tangible	fixed assets		1,315,159		1,315,159
Current	assets		124.384	27,648	152,032
Creditors	less tharr	1 year	(4,867)		(4.867)
Defined	benefit pension
				27,646	1,462,324