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← York Baptist Church

2024-12-31-accounts

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

YORK BAPTIST CHURCH

CHARITY REGISTRATION NUMBER: ENGLAND AND WALES 1133952

YORK BAPTIST CHURCH

CONTENTS

Page 2 Legal and Administrative Information
Page 3 Independent Examiners Report to the Trustees
Pages 4 to 6 Trustees Report
Page 7 Statement of Financial Activities
Page 8 Statement of Assets and Liabilities
Pages 9 to 14 Notes to the Financial Statements

1

YORK BAPTIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY REGISTRATION NUMBER 1133952 START OF FINANCIAL YEAR 01 January 2024 END OF FINANCIAL YEAR 31 December 2024 TRUSTEES WHO SERVED DURING 2024 John Green (Chairman) Colin Stonelake (Treasurer) Joe Bennett (Secretary) Steve Wilson Graham King Mike Beresford (retired 25th March 2024) Chris Mayers Hilary Francis John Worrall (appointed 25th March 2024)

New trustees are appointed following the provisions laid out in the organisation's governing instrument.

LEGAL STATUS Unincorporated charity
GOVERNING INSTRUMENT Constitution dated 28 September 2009 and subsequently amended 25
January 2010

OBJECTS

The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

CORRESPONDENCE ADDRESS The Administrator
York Baptist Church
Priory Street
York
YO1 6EX
PRIMARY BANKERS CAF Bank
INDEPENDENT EXAMINER Judith Summerfield
Summerfield Accountancy Services
ICAEW
5 Bowyers Close
Copmanthorpe
York
North Yorkshire
YO23 3XW

2

INDEPENDENT EXAMINER'S REPORT TO THE TRu￿EE5 OF YORK ￿￿rISt OIURCH I report to the charity trustees on ffly examination of the accounts of the charity for the year ended 31 De￿fftbe[ 2024 which ère set out on pages 7 to 14. Responsibilltles and basis of report As the charitys trustee5 you are responsÈble for the prepatstion of the accoLrnts in accordan￿ with the ￿quIrernents of the Charities Act 20111.the Att'l. I report respect of my examination of the chariW5 accounts carried out ynder section 145 of the Act and ITr carrying out my examination I have followed all the applicable Direrttons 8iven by the Charity Commission under section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attentlon in C￿nectIon with the examination giving me cause to believe that in any material ￿$pert.. accounting records were not kept in respect of the charity as required by secknon 130 of the Act. or the accounts do r%ot accord with those recordsl- or the accounts do tiot comply with the appltcable requirements concerning the tom and content of accounts set out in the Charities (Accovnts ants Aeportsl RegLtlation5 2(X)8 other than any requirement that the accounts 8ive a 'true and fair Vie￿ which is not a matter considered as part of an independent examÈnation. I have no concerns and have come across no other matters in connection with the examination to vthich attention should be drawn in thts ￿port in order to enable a proper understandin8 of the accounts to be reached. Judith SUMMerf￿ld SumrneffjtteldAccountoncyServices ICAEW 5 Bowyers Close Copfflanthorpe York North Yorkshire Y023 3XW Dote..

YORK BAPTIST CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their report and the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

Preparation of Financial Statements

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published in October 2019.

Structure, Governance and Management

The full name of the charity is York Baptist Church. The charity became registered with the Charity Commission in England and Wales on 1st February 2010. Its registered number is 1133952. It is governed by a Constitution dated 28 September 2009.

Recruitment and Appointment of Trustees

Trustees are generally already familiar with the work of the charity having been involved as regular members prior to their appointment. The appointment is made by a two-thirds majority vote of the church members at the Annual General Meeting.

The removal of trustees, should it be necessary, is effected by a majority vote of the church members.

Reserves Policy

It is the policy of the charity to maintain a general unrestricted reserve which are the free reserves of the charity at a level which equates to approximately three months unrestricted expenditure. This provides sufficient funds to cover operating costs, support costs and to respond to emergency needs.

Other funds are created for specific purposes and are either designated or restricted. Further details are provided in notes 5, 6 and 14 to the accounts.

Risk Management

The Trustees have identified the risks which impact their work. They believe that maintaining free reserves at the levels stated above, together with an annual review of the controls over the financial systems carried out on an ongoing basis and by ensuring the assets and staff are adequately Insured, this will provide sufficient resources in the event of adverse conditions occurring.

The Trustees continue to ensure that York Baptist Church complies with all relevant legislation including Data Protection, Health and Safety. The charity has terms and conditions in its contracts incorporating Job Descriptions with all of its employees and operates a Disciplinary & Grievance procedure.

Objectives and Activities

Objects

To advance the Christian Faith according to the principles of the Baptist denomination.

To advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

Activities

The Activities of the charity include but are not restricted to:

Public Benefit

In reviewing the overall aim and the objectives of the Charity, and in exercising their powers and duties, the Trustees have had due regard for the Charity Commission’s public benefit guidance. The activities of York Baptist Church are carried out to further its charitable purpose for the public benefit as summarised in the section 'Activities' (above) and throughout this report.

4

YORK BAPTIST CHURCH TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Achievements and Performance during the Year

As we look back on the last year at York Baptist Church the Trustees wanted to first express our thanks to our Father for the many blessing He has poured on our fellowship. We have seen our church grow, with new members joining and many more students making YBC their church away from home which has been wonderful to see. We continue to be thankful for our Pastor John Green for his steadfast service to the church, and we are blessed by his faithful Bible teaching each week.

The search for an associate pastor to work alongside John in leading the church continues. We are currently reviewing various applications each month and earnestly seeking the Lord’s will in this process. We trust that, in His perfect timing, God will bring the right person to partner with us at YBC.

Graham King and Steve Wilson were both re-elected to serve as trustees in 2024, and we welcomed John Worrall as a trustee, who has taken on the crucial task of managing our health and safety policies and documentation. All three will serve three-year terms until 2027.

In May 2024, after years of discussion and consideration, the pastor and deacons presented a proposal to the church for a new leadership structure, aiming to establish a plurality of elders to share in the spiritual care of YBC. After a period for amendment to be proposed, a vote was held in November 2024. Although a significant majority of the members supported the proposal, it narrowly missed the required two-thirds majority by a single vote. We acknowledge that this outcome was deeply disappointing for many in the church. As we are currently unable to move forward with setting up eldership to help John in sharing in the work of spiritual leadership of the church, the deacons are seeking to implement measures to help relieve John of some practical leadership duties at YBC.

Our 2024 Holiday Club, 'Star Squad,' took us on an exciting space adventure in April. Over 70 leaders from the church participated throughout the week, with many more involved in the preparation. A good number of children attended each day, both from our YBC family and the outside the church, including friends, family members and contacts through Jellytots and Livewires. We look forward to our 2025 pirate-themed club, 'Land Ahoy!,' with preparations already in full swing for the start of April.

At Christmas, we enjoyed our regular events, with many in attendance hearing the true message of Christmas—Christ coming to redeem a lost world. Thanks to everyone who contributed to making these events happen, and bringing people along. Your efforts beautifully reflect the body of Christ, each playing different roles but united in the goal of sharing the wonderful news of Jesus.

Our church fellowship has grown significantly over the past year, and we welcomed eighteen new members into formal membership at YBC, bringing our total to 114 as of March 2025. Additionally, John has led several Baptism Explored classes, and we rejoice in witnessing four people being baptised as they follow Jesus' call.

As we look forward to the next 12 months, we trust in the Lord’s guidance and provision as summed up in the well-known words of Proverbs 3:5-6:

“Trust in the Lord with all your heart and lean not on your own understanding; in all your ways submit to Him, and He will make your paths straight”

5

YORK BAPTIST CHURCH TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Financial Review

Total income for the year was £222,890 (2023: £193,385), expenditure was £199,349 (2023: £181,701) showing a surplus for the year of £23,541 (2023: surplus of £11,684).

York Baptist Church maintains a general reserve fund into which are placed all gifts, donations and legacies received without any stipulation or preference expressed by the donor. YBC also receives gifts from donors with specific requirements attached to the gift. These gifts are maintained in a restricted fund and only used in accordance with the specific instructions of the donors.

At 31 December 2024, balances were held on the following restricted funds: Manse Fund: £117,116 Mission Fund: £0

Plans for Future Period

From a financial perspective, 2024 saw a 15.3% increase in income coupled with a 10% increase in expenditure, leading to a surplus for the year of £23,541 compared with a surplus for 2023 of £11,684.

It has been our experience that when experiencing challenges of all types including financial, that we can trust in Almighty God to provide for our needs as he has promised to do. We have never been let down by Him and we go confidently into 2025 knowing that He will provide for all our needs.

We are seeking to expand the ministry team at YBC with the appointment of an associate pastor to work alongside John – the process to advertise, select and appoint the right person has taken longer than expected. We pray and trust that the Lord will be preparing the right person for the job.

Jeremiah 29:11 tells us - "For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future."

We do not know what might happened in these next twelve month, but this verse reminds us that despite uncertainties or challenges, God has a purposeful plan for each of us, for our church, one of with hope and blessing. As we look ahead let us trust in God's providence as we continue to journey together.

Finally, the trustees wish to thank all who have supported the Church’s work through their concern, prayers and generous giving throughout the last year. May God bless all who have contributed to the success of this work.

Trustees Responsibilities

The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and the surplus of the charity for that period. In preparing the financial statements the trustees are required to:

● Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 14th April 2025 and signed on their behalf by Colin Stonelake, Trustee

6

YORK BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
Income and endowments from:
Donations and legacies
3a
Investments
3b
Other
3c
Total
Expenditure on:
Charitable Activities
4
Total
Net Income
Transfers Between Funds
5,6
Other recognised gains/(losses)
Net Movement in Funds
Reconciliation of Funds:
Total Funds Brought Forward
Total Funds Carried Forward		 Unrestricted
Funds
£
Restricted
Funds
£
TOTAL
2024
£
TOTAL
2023
£
178 303
17 021
195 324
177 843
27 566
-
27 566
15 311
-
-
-
231
205 869
17 021
222 890
193 385
181 295
18 054
199 349
181 701
181 295
18 054
199 349
181 701
24 574
(1 033)
23 541
11 684
0
-
-
-
-
-
-
-
24 574
(1 033)
23 541
11 684
151 325
118 149
269 474
257 790
175 899
117 116
293 015
269 474

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 9 to 14 form part of these financial statements.

7

YORK BAPTIST CHURCH STATEMENT OF ASSETS & LIABILITIES AS AT 31 DECEMBER 2024

Unrestricted Restricted 2024 2023
Funds Funds Total Total
Fixed Assets £ £ £ £
Tangible Assets 2 2 090 117 116 119 206 120 483
Current Assets
Cash at Bank and in Hand 7 165 956 - 165 956 131 132
Debtors & Prepayments 8 27 837 - 27 837 25 189
Total Current Assets 193 793 - 193 793 156 321
Creditors:amounts falling due
within one year 9 (19 984) - (19 984) (7 330)
NET CURRENT ASSETS 173 809 - 173 809 148 991
TOTAL ASSETSless current liabilities 175 899 117 116 293 015 269 474
NET ASSETS 175 899 117 116 293 015 269 474
Funds of the Charity
Restricted Funds 5 - 117 116 117 116 118 149
Unrestricted Funds 6 175 899 - 175 899 151 325
Total Funds 175 899 117 116 293 015 269 474

The notes on pages 9 to 14 form part of these financial statements.

Approved by the Trustees on 14th April 2025 and signed on their behalf by Colin Stonelake, Trustee

8

YORK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of Preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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), the Charities Act 2011 and UK Generally Accepted Practice.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. The 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 the 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 financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. Incoming Resources Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability Offerings are classified as follows: (a) General offerings comprise amounts received during the year through standing orders and collections including payments under deed of covenant. (b) Specific offerings comprise amounts received by the church which have been designated for specific purposes by the donors. Volunteer Help The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. Income tax reclaimable Income tax reclaimable represents amounts receivable from the HM Revenue & Customs in respect of income received during the year. Expenditure and Liabilities Expenditure is included in the SOFA on an accruals basis. Resources expended are recognised in the period in which they are incurred. They are allocated to the particular activity to which they relate. Governance Costs These are for the running of the Charity itself as an organisation and include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. Pension costs All employees of the church have been auto-enrolled in a pension scheme and into which the Church pays a contribution from the church of 5% of their salary. At 31 December 2024 there were four employees, three of whom work part-time. Funds accounting The Trustees have classified the funds of the Mission as follows: Unrestricted Funds comprise those funds which the Trustees are free to use in accordance with the charitable objects. This includes a discretionary grants fund is used by the trustees to make grants and donations to other charities, organisations and individuals to carry out specific activities which are in accordance with the charity's aims and objectives. Restricted Funds are used in accordance with the specific instructions of the donors. Changes in Accounting Policies and Previous Accounts There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts. Fixed Assets These are capitalised if they can be used for more than one year, and cost at least £10,000. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation Expenses Depreciation is calculated at a rate to write off the cost of tangible fixed assets on the following basis over their estimated useful lives:

Plant and Equipment 20% straight line Vehicles 20% straight line Computer etc 33% straight line No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Debtors and creditors receivable / payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Going Concern

At the time of approving the accounts, the trustees have a reasonable expectation that the trustees have adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

9

YORK BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Freehold Land Motor Plant & Computer Total
& Buildings Vehicles Equipment Equipment
£ £ £ £ £
2. TANGIBLE FIXED ASSETS
Cost 01 Jan 24 117 116 - 5 558 - 122 674
Additions - - - -
Cost at 31 Dec 24 117 116 - 5 558 - 122 674
Depreciation 01 Jan 24 - - 2 191 - 2 191
Charge - - 1 277 1 277
Depreciation at 31 Dec 24 - - 3 468 - 3 468
Net Book Value 31 Dec 24 117 116 - 2 090 - 119 206
Net Book Value 31 Dec 23 117 116 - 3 367 - 120 483
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31 December 2024 : None
31 December 2023 : None
3. INCOMING RESOURCES Unrestricted Restricted TOTAL Unrestricted Restricted TOTAL
Funds Funds 2024 Funds Funds 2023
£ £ £ £ £ £
a) Voluntary Income
General offering 167 231 - 167 231 159 987 - 159 987
Specific offering 11 072 - 11 072 6 535 - 6 535
Specific Mission income passed on - 17 021 17 021 - 11 321 11 321
178 303 17 021 195 324 166 522 11 321 177 843
b) Investment Income
Rent receivable 24 018 - 24 018 12 680 - 12 680
Deposit Interest 3 548 - 3 548 2 631 - 2 631
27 566 - 27 566 15 311 - 15 311
c) Other Incoming Resources
Sundry Income - - - 231 - 231
- - - 231 - 231

10

YORK BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

4. EXPENDITURE ON CHARITABLE ACTIVITIES

4. EXPENDITURE ON CHARITABLE ACTIVITIES
Ministry Costs: Unrestricted
Funds
£
Restricted
Funds
£
TOTAL
2024
£
Unrestricted
Funds
£
Restricted
Funds
£
TOTAL
2023
£
Visiting speakers
Travel costs
Pastor’s remuneration
Interim Pastor’s remuneration		 42 522
-
42 522
40 497
-
40 497
-
-
-
-
-
-
3 050
-
3 050
2 365
-
2 365
-
-
-
-
-
-
Youth work 2 178
-
2 178
1 930
-
1 930
Prison Fellowship expenditure
Outreach work (incl adv and catering)		 2 412
-
2 412
1 131
-
1 131
-
-
-
-
-
-
Church weekend away
Sundry ministry costs		 -
-
-
-
-
-
584
-
584
248
-
248
50 747
-
50 747
46 172
-
46 172
Church Building Costs:
Heat and light
Rates
Cleaning
Maintenance
Renovations and repairs		 5 034
5 034
4 147
-
4 147
1 479
1 479
917
-
917
7 608
7 608
7 259
-
7 259
3 081
3 081
1 821
-
1 821
41 900
41 900
46 127
-
46 127
59 101
-
59 101
60 271
-
60 271
Music, PA, technical
Training
Loan interest and bank charges
Insurance
Manse running and maintenance
No 6 running and maintenance
Other operating costs
Communications
Sundry expenses
Finance & Administration salaries
Printing, stationery & advertising
Equipment depreciation		 62
-
62
87
-
87
6 654
-
6 654
6 392
-
6 392
1 320
-
1 320
1 002
-
1 002
23
-
23
1 263
-
1 263
1 237
-
1 237
1 035
-
1 035
14 070
-
14 070
13 187
-
13 187
2 848
-
2 848
2 601
-
2 601
7 829
-
7 829
4 094
-
4 094
1 277
-
1 277
1 277
-
1 277
353
-
353
19
-
19
2 372
-
2 372
3 293
-
3 293
38 044
-
38 044
34 251
-
34 251
Independent Examiners Fees 480
-
480
500
-
500

11

YORK BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Charitable Donations: Unrestricted
Funds
£
Restricted
Funds
£
TOTAL
2024
£
Unrestricted
Funds
£
Restricted
Funds
£
TOTAL
2023
£
UCCF - Junias
BMS
Home Mission Funds (YBA and BUGB)
20 Schemes / Emily Green
J-Life - Anthony Masala sponsorship
TEAR Fund - Disaster Relief
UCCF - Hatsuho
Zambesi Mission - general
Fellowship gifts and support
York Schools Christian Work (YOYO)
Asia Link
Friends International
Open Doors
Faith Mission
Overseas Missionary Fellowship
Greenfield Camp
Young Life (National)
Restore
Besom Project
Young Life (York)
Yorkshire Camps
Armenian Ministries
Transforming Lives for Good
Ukrainian Fellowship
Mission Aviation fellowship
Carecent
Angel Tree
Joseph Trust
Christian Concern
Salvation Army
University Christian Unions
Jews for Jesus
MS Society
SASRA
Samaritan's Purse
Christian Institute		 500
5 788
6 288
-
-
-
5 004
813
5 817
4 992
938
5 930
5 004
63
5 067
4 992
175
5 167
3 756
438
4 194
3 750
325
4 075
3 250
875
4 125
3 000
975
3 975
3 000
80
3 080
3 000
150
3 150
500
2 575
3 075
-
-
-
1 800
1 180
2 980
1 800
2 545
4 345
1 150
1 620
2 770
800
1 500
2 300
1 613
375
1 988
1 200
100
1 300
996
763
1 759
996
-
996
996
525
1 521
996
600
1 596
996
238
1 234
996
-
996
996
63
1 059
996
50
1 046
996
63
1 059
996
50
1 046
1 000
1 000
-
-
-
756
756
701
-
701
689
689
-
698
698
556
556
-
-
-
504
504
504
-
504
300
300
-
300
300
38
230
268
-
62
62
250
250
-
-
-
200
200
-
-
-
148
148
-
-
-
125
125
-
833
833
70
70
-
-
-
50
50
-
63
63
38
38
-
-
-
15
15
-
406
406
-
500
-
500
-
-
310
310
-
-
102
102
-
-
50
50
-
-
31
31
-
-
25
25
5. RESTRICTED FUNDS
Manse Fund
Mission Fund
TOTAL EXPENDITURE ON CHARITABLE ACTIVITIES		 32 924
18 054
50 978
30 219
10 288
40 507
181 295
18 054
199 349
171 413
10 288
181 701
Balance
Balance
01 Jan 24
Income
Expenditure
Transfers
31 Dec 24
£
£
£
£
£
117 116
-
-
-
117 116
1 033
17 021
(18 054)
-
-
118 149
17 021
(18 054)
-
117 116

The Manse Fund represents the cost of acquiring the Manse less any loans secured against the property. The Mission Fund exists to provide funds to external mission organisations which are given to the Charity for this purpose. The restricted funds are represented by tangible assets and cash reserves of the charity.

12

YORK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

6. UNRESTRICTED FUNDS

6. UNRESTRICTED FUNDS
Discretionary Grants fund
Property Maintenance Fund
General Purpose fund		 Balance
Balance
01 Jan 24
Income
Expenditure
Transfers
31 Dec 24
£
£
£
£
£
22 530
-
(32 924)
37 787
27 394
-
10 698
(46 323)
35 625
-
128 795
195 171
(102 049)
(73 412)
148 505
151 325
205 868
(181 295)
0
175 899

The Discretionary Grants Fund receives 22.5% of unrestricted, undesignated income of the Charity and is used at the Trustees' discretion to make grants and other payments to external organisations and individuals in pursuit of the Charity's aims and objectives. This amounted to £37,787 in 2024 and is shown as a transfer of funds from the General Purpose Fund to the Discretionary Grants Fund.

The Property Maintenance Fund receives 10% of the unrestricted, undesignated income of the Charity and is used at the Trustees' discretion for the upkeep and maintenance of the Charity's buildings. This amounted to £16,705 in 2024. An additional transfer of £18,920 was made from the General Fund to the Property Maintenance Fund to avoid a shortfall in that Fund. The General Fund is used for all other income and expenditure.

7. CASH AT BANK AND IN HAND

Current Accounts
8. DEBTORS AND PREPAYMENTS
Gift Aid
Other debtors
Prepayments and Accrued Income
9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Sundry Creditors
Accruals and deferred income
11. STAFF COSTS AND NUMBERS
Gross Wages & Salaries
Employers National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Activities in furtherance of organisation's objects
Management and administration		 Unrestricted
Funds
£
Restricted
Funds
£
165 956
-


TOTAL
2024
£
TOTAL
2023
£
165 956
131 132
165 956
-		 165 956
131 132
Unrestricted
Funds
£
Restricted
Funds
£
19 388
-
2 929
-
5 520
-


TOTAL
2024
£
TOTAL
2023
£
19 388
17 182
2 929
3 159
5 520
4 848
27 837
-		 27 837
25 189
Unrestricted
Funds
£
Restricted
Funds
£
11 102
-
8 882
-


TOTAL
2024
£
TOTAL
2023
£
11 102
6 306
8 882
1 024
19 984
-		 19 984
7 330
2024
£
60 334
-
3 866
64 200
2024
TOTAL
1
2		 2023
£
56 917
-
3 682
60 599
2023
TOTAL
1
2

All employed members of staff are paid through PAYE systems in the UK. No employees received emoluments in excess of £60,000. (2023: None)

13

YORK BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

12. TRUSTEES AND OTHER RELATED PARTIES

The Charity employed John Green, trustee, throughout 2023 and 2024 in accordance with S185 of the Charity Act 2011. His remuneration including pension contributions was as follows:

12. TRUSTEES AND OTHER RELATED PARTIES
The Charity employed John Green, trustee, throughout 2023 and 2024
including pension contributions was as follows:		 in accordance with S185 of the Charity Act 2011. His remuneration
2024
2023
£
£
Gross Wages & Salaries
Employers National Insurance Costs
Pension Contributions		 38 656
36 816
-
-
3 866
3 682
42 522
40 498

John Green was also reimbursed for expenses totalling £325 (2023: £5,246)

Four other trustees were also reimbursed for expenses totalling £1,977 (2023: £1,403) wholly incurred in carrying out the Charity's activities.

These related to refurbishments, materials, equipment, catering, computer subscriptions and stationery supplies. No other material transaction took place between the Charity and a trustee or any person connected with them during the financial period.

Donations totalling £39,999 (2023: £33,748) were received during the year from trustees and related parties.

The Charity received rent of £1,800 (2023: £1,800) from Zambesi Mission, a registered charity of which Colin Stonelake is a Trustee. The Charity paid Zambesi Mission £314 (2023: £341) as a contribution towards shared broadband which Zambesi Mission pays for. In addition, the Charity also made donations to Zambesi Mission during the year of £1,180 (2023: £3,140). No conditions were attached to these donations.

The Charity made donations to the National Young Life Campaign Trust Ltd, a registered charity of which John Green is a Trustee, during the year of £756 (2023: £701). No conditions were attached to these donations.

13. RISK ASSESSMENT

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

14. RESERVES POLICY

The reserves policy of York Baptist Church is to hold three months' of all expenditure to allow the church to adapt to any changes in the income or expenditure of the church. The trustees currently believe this amount to be £72,419, compared to £165,956 in free cash reserves held at the yearend.

15. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

14