## **Gilgal Baptist Church Trustees Report for the year ended December 31[st] 2023** The Trustees present their annual report along with the unaudited financial statements of the charity and the Independent Examiner's report for the year ended 31st December 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) (effective 1 January 2019) in preparing the annual report and financial statements of the charity. ## **Reference and Administrative Information** ## **Trustees** The minister and deacons of the church are its trustees for the purpose of charity law. The trustees who served during the year are as follows: |served during the year are as follows:|| |---|---| ||Martin Gillard (Minister)| ||Liz Rees (Church Secretary)| ||John Hornsby (Treasurer)| ||Jacqui Crole| ||Alison Farrow| ||Caryl Gill| ||Linda Harber| ||Daphne Harris| ||Cathryn Hodges (resigned 24thApril 2024)| ||Gordon Lovering (resigned 24thApril 2024)| ||Malcolm Nicholas| ||Lawrence (‘Larry’) Knowles (appointed 26thApril 2023)| ||Mark Peers (appointed 26thApril 2023)| |**Charity Name & Registration Number**|Gilgal Baptist Church Porthcawl| ||Unincorporated Charity Registered in England & Wales| ||Charity Number 1134864| |**Governing Instrument**|Constitution adopted 11/3/2009,| ||Based on model Baptist Union constitution| |**Principal address**|Gilgal Baptist Church| ||Park Avenue| ||Porthcawl| ||CF36 3EP| |**Independent Examiners**|Baker Knoyle Chartered Accountants| ||Orbit Business Centre| ||Rhydycar, Merthyr Tydfil| ||CF48 1DL| ## **Structure, Governance & Management** The charity’s reference and administrative information is set out on page 1 and includes details of the Trustees and its principal office. Gilgal Baptist Church is an unincorporated charity governed by a constitution, and is affiliated to the Baptist Union of Great Britain. Its ultimate governing body is the church members meeting. Members meet between four and six times a year, with one of those meetings being designated the Annual General Meeting. The day to day administration of the life of the church is delegated to the minister and deacons. Deacons are elected by the members from within the membership for a three year term and can be re-elected. ## **Objectives & Activities** 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. In fulfilling the above purpose the Church will engage in a range of activities either on its own or with others that may include but are not restricted to: - regular public worship, prayer, Bible study, preaching and teaching; - baptism, as defined in the Union’s Declaration of Principle; - the Communion of the Lord’s Supper which shall normally be observed at least once a month; - evangelism and mission, locally, regionally, nationally and internationally; - the teaching, encouragement, welcome and inclusion of young people; - nurture and growth of Christian disciples; - education and training for Christian and community service; - giving and encouraging pastoral care; - supporting and encouraging charitable social action in the United Kingdom and abroad; - encouraging relationships with and supporting Baptists and other Christians. ## **Achievements & Performance** The trustees of Gilgal Baptist Church, Porthcawl, are pleased to present this report of our activities during 2023. As we often need to remind ourselves, the “church” is NOT a building, rather it is a group of Christian people, called by God to be part of His family. Last year was our first full year back in our renovated building and we certainly made the most of it. Our Pastor, Reverend Martin Gillard, has continued to preach a strong biblical message in person and via online services though Facebook, YouTube and on our website www.gilgal.co.uk. For those who do not have the technology and have not been able to join us in person we have continued to produce CDs of the services that are then delivered, along with our weekly news sheets, to various members around the area. This year, we have very much enjoyed the theme of the services. In the mornings we looked at ‘Love Rules’ interpreting the 10 commandments in the light of Jesus’ new commandment ‘To love one another’. Also ‘Creation from Genesis to Revelation, considering purpose and meaning of human life.’ Then ‘Shalom looking at peace, wellbeing and harmony.’ In the evenings we studied the letter to the Galatians - Freedom in Christ and the book of Daniel – Keep the Faith. During our traditional Wednesday morning services Martin has continued to preach on topical issues that have made the news that week e.g. the King’s Coronation. There were also topical messages on Easter, Harvest, Christmas, and Baptism. During the year we welcomed several guest speakers to our services and enjoyed hearing about various organisations such as Release International (Voice of Persecuted Christians) and another charity, The Message, which one of our current Deacons works for. All these messages are now available on our social media pages and church website. The Leadership team of Pastor and Deacons meet monthly. As well as handling matters of current business, they try to think and plan strategically in line with the goals of the church; To be a church that families love, To make disciples who make disciples, To bring more people to faith in Jesus Christ and To have a building that is fit for purpose. We achieved the last goal in 2022 and then began reformatting the other goals which took us into 2023 and beyond. The team’s thoughts and decisions are always shared at subsequent Members’ Meetings which take place 5 times a year. Members of the fellowship are encouraged to attend a mid-week House Group. In 2023 we saw a new house group emerging via Zoom. The groups generally study the previous week’s sermon, with the aid of questions provided by our Pastor. We also have several ministry teams, co-coordinating various areas of activity such as administration, children's youth and family, evangelism, prayer, and worship: the teams support people already serving in those areas, challenge others to get involved and propose new initiatives. One such initiative from the world mission team has been to welcome our BMS link missionary Laura-Lee Lovering who joined us one evening in June to share a meal and give a fascinating insight into her ecological work in Peru. Our midweek ladies’ group “Gilgal Ladies” meet in our new cafe area on the 1st and 3rd Wednesday of each month. We have had different speakers and themed evenings some of which include Keep Fit Praise. Gilgal Ladies also runs a Facebook page which provides daily messages of encouragement and bible verses. Our weekly lunch club which regularly accommodates around 60 people for a 2-course lunch takes place after our midweek traditional service. The Community hub continues to meet weekly on Thursday afternoons, all welcome. The prayer team has continued to run an electronic/telephone prayer chain which we are making very good use of. They also held a prayer walk around the coast of Porthcawl, stopping at various locations for specific prayers. Towards the end of 2023 we appointed our youth and schools worker Nina Elmer to work alongside our children's worker Natalie Sharp. Sunday Club runs weekly, catering for different age groups. We were able to hold a summer Holiday Bible Club in our redeveloped church building and whilst numbers were lower than in previous years our enthusiasm was not dampened. Our weekly toddler group continues to thrive in our Church Hall and new cafe area where we welcome over 40 toddlers and their carers to each session which includes a swap shop for toys and clothes. We also hold regular end of term parties where we treat all those who attend to a buffet. During the summer we were blessed by attending a specially commissioned screening of the film ‘Jesus Revolution’ at the Odeon in Bridgend, which was enjoyed by all who attended. Conscious that many people in society struggle financially, we run a Foodbank distribution centre twice a week, based in the local YMCA, where we have seen an increasing need over the last year. This is one of 10 such centres within the Bridgend area. One of the team is also the treasurer of this charity, which is affiliated to the national body, the Trussell Trust. In addition to helping people practically, we also want to share with them the news of God’s love. During 2023 we have been able to participate in several outreach activities. Through these activities, we pray that many will come to know Jesus as their Saviour and Lord. At Christmas time we were able to hold an open-air event in the town centre where we had a nativity scene with REAL donkeys! We gave out invitations to our Christmas services which were well attended. Many of the above activities are run by volunteers, who provide varying skills. It would be unrealistic to calculate the financial value of their input, so this is not recognised in the financial accounts. Suffice to say that the generosity and commitment of these volunteers are essential to the work of the church. In the past year we were thrilled to witness 10 Baptisms, 8 of which took place on Easter Sunday which we then called Super Sunday! Over the year we welcomed 11 into membership. Sadly, during 2023 we also lost 1 member who died; We give thanks for the life and memory of Alan Lee. Our total membership at the end of 2023 is 138 members. We thank God and praise Him for all that He has done in the past year and trust Him for all that lies in the future, as together we seek _to know Jesus better and to make Him better known_ . ## **Financial Review** The Treasurer prepares the annual budget for the Deacons and then the church meeting to approve. The Treasurer then prepares a monthly summary that allows the Deacons to monitor income and expenditure against that budget. Financially, God has continued to bless the work of the church. The detailed accounts are available elsewhere, but in summary our net assets at the end of December 2023 stood at £745,397 compared to last year’s figure of £718,634. Our total cash balances were £105,783 compared to £64,120 at the end of 2022. We are grateful to our members who give so generously in response to God’s prompting. This also allows us to continue to support numerous Missionary organisations throughout the world both in prayer and financially. We believe that the building is adequately insured against all likely risks. ## **Reserves Policy** The trustees have examined the requirement for free reserves, which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed. The trustees consider this ideally should be not less than three months of operational running costs, i.e. around £30,000. At the end of the year our free reserves were considerably in excess of this, at £105,559 (2022 £65,613). ## **Trustees** The trustees in office as at December 2023 are set out on page 1. Two of these were elected at our AGM in April 2023, with the remainder serving throughout the year. Trustees are elected from within the church membership for a period of three years, after which they are eligible for re-election. Also, the minister is ex officio a trustee. We have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Commission in respect of our duty to provide public benefit. This report, which has been prepared in accordance with the provisions in the Charities Act 2011, was approved by the Trustees at their meeting on 14 August 2024 and signed on their behalf by: ## A.J. Hornsby A J Hornsby Treasurer 14 August 2024 |**Gilgal Baptist Church Porthcawl**|**Gilgal Baptist Church Porthcawl**|**Gilgal Baptist Church Porthcawl**|Charity No
(if any)|**1134864**|| |---|---|---|---|---|---| |Annual accounts for theperiod|||||| |Period start date|**1/1/2023**|**To**|Period end
date|**12/31/2023**|| ## **Section A Statement of financial activities** |Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
**_Total_**
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
**_Total_**
S12
S13
Net gains/(losses) on investments
S14
**Net income/(expenditure)**
S15
**Extraordinary items**
S16
**Transfers between funds**
S17
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
Actuarial gain/(loss) in respect of pension schemes
S19
**_Net movement in funds_**
S20
**_Reconciliation of funds:_**
Total funds brought forward
S21
**_Total funds carried forward_**
S22
1
**Recommended categories by**
**activity**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Other recognised** **gains/(losses):**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**|**Total funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**| |---|---|---|---|---|---| ||160,569|10,883|-|171,452|186,330| ||12,738|-|-|12,738|5,528| ||2,768|-|-|2,768|3,621| ||1,241|43||1,284|644| ||-|-|-|-|-| ||-|4,351|-|4,351|5,540| ||177,316|15,277|-|192,593|201,663| ||||||| ||-|-|-|-|-| ||143,235|19,102|-|162,337|144,401| ||-|-|-|-|-| ||-|3,493|-|3,493|5,908| ||143,235|22,595|-|165,830|150,309| ||||||| ||34,081|- 7,318|-|26,763|51,354| ||-|-|-|-|-| ||34,081|- 7,318|-|26,763|51,354| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||0|-|-|0|18,731| ||34,081|- 7,318|-|26,763|70,085| ||||||| ||379,135|339,499|-|718,634|648,549| ||413,216|332,181|-|745,397|718,634| ||||||| ## **Section B Balance sheet** |Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities (Note 12)**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
B14
**Provisions for liabilities (Note 12)**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**_Total funds_**
B21
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees|**£**
F01
**Unrestricted**
**funds**|**£**
F02

**Restricted**
**income**
**funds**|**£**
F03
**Endowment**
**funds**|**£**
F04
**Total this**
**year**|**£**
F05
**Total last**
**year**| |---|---|---|---|---|---|---| |||-|-|-|-|-| |||307,657|321,316|-|628,973|641,487| |||-|-|-|-|-| |||-|-|-|-|-| |||307,657|321,316|-|628,973|641,487| |||||||| |||-|-|-|-|-| |||25,231|490|-|25,721|27,465| |||46,877|-|-|46,877|20,637| |||36,960|21,946|-|58,906|43,483| |||109,068|22,436|-|131,504|91,585| |||||||| |||3,509|11,571|-|15,080|14,438| |||||||| |||105,559|10,865|-|116,424|77,147| |||||||| |||413,216|332,181|**-**|745,397|718,634| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||||||| |||413,216|332,181|-|745,397|718,634| |||||||| |||-|||-
332,181
413,216
-|-| ||||332,181|-||339,499| |||413,216||||379,135| |||||||| |||413,216|332,181|-|745,397|718,634| |||||||| |||Signature||Print|Name|Date of
approval
dd/mm/yyyy| |||A.J.Hornsby||A.J.Hornsby||9/11/2024| |||||||| CC17a (Excel) 09/18/2024 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities - • and with* ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by 1 FRS 102.* * -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:** Not Applicable_ An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }. **----- Start of picture text -----**
Yes* ü
* -Tick as appropriate
No*
**----- End of picture text -----**
## _**Please disclose:**_ _**(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_ CC17a (Excel) 09/18/2024 3 _**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_ ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). **----- Start of picture text -----**
Yes* ü
* -Tick as appropriate
No* ü
**----- End of picture text -----**
## _**Please disclose:**_ **----- Start of picture text -----**
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). **----- Start of picture text -----**
Yes* ü
* -Tick as appropriate
No*
Please disclose:
**----- End of picture text -----**
**----- Start of picture text -----**
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
**----- End of picture text -----**
CC17a (Excel) 09/18/2024 4 **Section C Notes to the accounts** **Note 2 Accounting policies** _Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **Please provide a description of the nature of each change in accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £** **Fund balances as previously stated** _**Adjustments:**_ ## **Fund balance as restated** _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period£ Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated** CC17a (Excel) 09/18/2024 5 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
**Offsetting**
**Grants and donations**
**Legacies**
**Government grants**
The charity has received government grants in the reporting period
**Donated goods**
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
· the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
**Contractual income and**
**performance related**
**grants**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost|Yes
No
N/a|Yes
No
N/a|Yes
No
N/a| |---|---|---|---| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| ||ü|ü|ü| ||Yes
No
N/a||| Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a specific level of **Grants with performance conditions** service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Where there are no conditions attaching to the grant that enables the donor charity to **Grants payable without** realistically avoid the commitment, a liability for the full funding obligation must be **performance conditions** recognised. **Redundancy cost** The charity made no redundancy payments during the reporting period. **Deferred income** No material item of deferred income has been included in the accounts. |**Redundancy cost**
**Deferred income**
**Creditors**
**Provisions for liabilities**
**2.4 ASSETS**
**Intangible fixed assets**
**Heritage assets**
**Investments**
**Debtors**
**Current asset investments**
**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Basic financial**
**instruments**
**Tangible fixed assets for**
**use by charity**
**Stocks and work in**
**progress**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**|The charity made no redundancy payments during the reporting period.
No material item of deferred income has been included in the accounts.
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.2.
They are valued at cost.
They are valued at cost.

They are valued at fair value except where they qualify as basic financial instruments.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
These are capitalised if they can be used for more than one year, and cost at least
£1000
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.2
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net
realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value
based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has investments which it holds for resale or pending their sale and cash and cash
equivalents with a maturity date less than one year. These include cash on deposit and cash
equivalents with a maturity date of less than one year held for investment purposes rather than to
meet short term cash commitments as they fall due.||ü|ü|ü| |---|---|---|---|---|---| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü
|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||Yes
No
N/a||| ||||ü
|ü|ü| ||||Yes
No
N/a||| ||||ü|ü|ü| ||||||| ||||||| ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** |**Note 3 Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**|**Analysis of income**| |---|---|---|---|---|---|---| |**Analysis**
**Total funds**
**Prior year**
**£**
**£**
Donations andgifts
135,338 2,860 - 138,198 122,609
Gift Aid
25,231 490 - 25,721 27,465
Legacies
- - - - 650
- 7,533 - 7,533 35,606
- - - - -
Donatedgoods,facilities and services
- - - - -
Other
- - - - -
**Total**160,569 10,883 - 171,452 186,330
Lunch Club/Senior Citizens' Teas
9,252 - - 9,252 3,310
Toddlers
2,006 - - 2,006 1,019
- - - - -
Other
1,480 - - 1,480 1,199
**Total**12,738 - - 12,738 5,528
Hire of halls
2,312 - - 2,312 380
Fundraisingconcert
- - - - 3,105
Sale of Surplus Items/Printer Cartridges etc
456 - - 456 86
Other
- - - - 50
**Total** 2,768 - - 2,768 3,621
Interest income
1,241 43 - 1,284 644
Dividend income
- - - - -
Rental and leasingincome
- - - - -
Other
- - - - -
**Total** 1,241 43 - 1,284 644
- - - - -
- - - - -
- - - - -
- - - - -
**Total**- - - - -
**Other:**
Conversion of endowment funds into income
- - - - -
- - - - -
- - - - -
Other - Insurance Claim
- 1,346 - 1,346 -
Other - Contras - See Note 6
- 3,005 - 3,005 5,540
**Total**- 4,351 - 4,351 5,540
**TOTAL INCOME**
177,316 15,277 - 192,593 201,663
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Donations**
**and legacies:**
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item**
**of income:**
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment|**Analysis**
**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|||||| ||Donations andgifts|135,338|2,860|-|138,198|122,609| ||Gift Aid|25,231|490|-|25,721|27,465| ||Legacies|-|-|-|-|650| ||General grants provided by government/other
charities|-|7,533|-|7,533|35,606| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|-| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|160,569|10,883|-|171,452|186,330| |||||||| ||Lunch Club/Senior Citizens' Teas|9,252|-|-|9,252|3,310| ||Toddlers|2,006|-|-|2,006|1,019| |||-|-|-|-|-| ||Other|1,480|-|-|1,480|1,199| ||**Total**|12,738|-|-|12,738|5,528| |||||||| ||Hire of halls
|2,312|-|-|2,312|380| ||Fundraisingconcert|-|-|-|-|3,105| ||Sale of Surplus Items/Printer Cartridges etc|456|-|-|456|86| ||Other|-|-|-|-|50| ||**Total**|2,768|-|-|2,768|3,621| |||||||| ||Interest income|1,241|43|-|1,284|644| ||Dividend income|-|-|-|-|-| ||Rental and leasingincome|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|1,241|43|-|1,284|644| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held
for charity's own use|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Other - Insurance Claim|-|1,346|-|1,346|-| ||Other - Contras - See Note 6|-|3,005|-|3,005|5,540| ||**Total**|-|4,351|-|4,351|5,540| |||||||| |||177,316|15,277|-|192,593|201,663| **Other information:** Donations to building fund of £18,420; gift aid on same £4,804. **All income in the prior year was unrestricted except for: (please** Interest on building fund £3. Grants of £30,000 towards building **provide description and amounts)** project, £5,606 in other grants. Contras (mainly gifts to be passed on to specific charities) £5,540. **Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.** **Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)** CC17a (Excel) 09/18/2024 8 ## **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of expenditure** |**Analysis**
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants
Staging fundraising events
Fundraising agents
Operating charity shops
Database development costs
Other trading activities
Investment management costs:
Portfolio management costs
Cost of obtaining investment advice
Investment administration costs
Intellectual property licencing costs
**Total expenditure on raising funds**
Employment Costs
Mission and Ministry
Building Costs (R&R, Utilities etc)
Depreciation
Other
**Total**
**Other**
Net interest on definedpension liability
**Total other expenditure**
**TOTAL EXPENDITURE**
**Expenditure on**
**raising funds:**
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activity
Advertising, marketing, direct mail and
publicity
Start up costs incurred in generating
new source of future income
Rent collection, property repairs and
maintenance charges
**Expenditure on**
**charitable**
**activities**
**Total expenditure on charitable**
**activities**
**Separate material**
**item of expense**
Contras (mainly "special collections"
where the donor specifies the money is
to be passed on to other charities)|**Analysis**|**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Total funds**
**Prior year**
**£**
**£**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**| |---|---|---|---|---|---|---| ||Incurred seeking donations|-|-|-|-|-| ||Incurred seeking legacies|-|-|-|-|-| ||Incurred seeking grants|||||| ||Operating membership schemes and
social lotteries|||||| ||Staging fundraising events|-|||-|-| ||Fundraising agents|||||| ||Operating charity shops|||||| ||Operating a trading company
undertaking non-charitable trading
activity|||||| ||Advertising, marketing, direct mail and
publicity|-|-|-|-|-| ||Start up costs incurred in generating
new source of future income|-|-|-|-|-| ||Database development costs|-|-|-|-|-| ||Other trading activities|||||| ||Investment management costs:|-|-|-|-|| ||Portfolio management costs|-|-|-|-|-| ||Cost of obtaining investment advice|-|-|-|-|-| ||Investment administration costs|-|-|-|-|-| ||Intellectual property licencing costs|-|-|-|-|-| ||Rent collection, property repairs and
maintenance charges|-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on raising funds**|-|-|-|-|-| |||||||| ||Employment Costs|54,635|-|-|54,635|58,949| ||Mission and Ministry|49,525|3,664|-|53,189|49,219| ||Building Costs (R&R, Utilities etc)|22,844|8,790|-|31,634|18,313| ||Depreciation|14,524|6,648||21,172|16,404| ||Other|1,707|-|-|1,707|1,516| ||**Total expenditure on charitable**
**activities**|143,235|19,102|-|162,337|144,401| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Contras (mainly "special collections"
where the donor specifies the money is
to be passed on to other charities)|-|3,493|-|3,493|5,515| ||Net interest on definedpension liability|-|-|-|-|393| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total other expenditure**|-|3,493|-|3,493|5,908| |||||||| |||143,235|22,595|-|165,830|150,309| CC17a (Excel) 09/18/2024 9 ## **Section C Notes to the accounts** ## **Note 9 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**Support cost**
**(examples)**|**Raising funds**
**£**|**Activity 1**
**£**|**Activity 2**
**£**|**Activity 3**
**£**|**Grand total**
**£**|**Basis of**
**allocation**| |---|---|---|---|---|---|---| |||||||**(Describe**
**method)**| |Governance|-|900||-|900|
All unrestricted
Independent
Examination
fees| ||-|-||-|-|| ||-|-||-|-|| ||-|-||-|-|| |Other|-|-||-|-|| |**Total**|-|900||-|900|| _**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ CC17a (Excel) 09/18/2024 10 ## **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ **Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner** |**This year**
**£**|**Last year**
**£**| |---|---| |900|840| |0|0| |0|0| |0|0| CC17a (Excel) 09/18/2024 11 **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** |**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits (Manse etc)**
**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||45,780|50,573| ||-|-| ||4,276|4,237| ||4,579|4,139| ||54,635|58,949| **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ |**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|**No employees received employee benefits (excluding employer**
**pension costs) for the reporting period of more than £60,000**|**1**| |---|---|---| |||| |**Band**|**Number of employees**|| |**£60,000 to £69,999**||| |**£70,000 to £79,999**||| |**£80,000 to £89,999**||| |**£90,000 to £99,999**||| |**£100,000 to £109,999**||| |||| |||| |||| |**Please provide the total amount paid to**
**key management personnel (includes**
**trustees and senior management) for**
**their services to the charity**||| ||£40,123
(Our Pastor is both a full time employee and a trustee, with the
permission of the Charity Commission)|| ## **11.2 Average head count in the year** **The parts of the charity in which the employees work** ||**This year**
**Number**|**Last year**
**Number**| |---|---|---| |Fundraising|-|-| |Charitable Activities|1.50|1.75| |Governance|-|-| |Other|-|-| |**Total**|1.50|1.75| CC17a (Excel) 09/18/2024 12 ## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_ **Please explain the nature of the payment** **Please state the legal authority or reason for making the payment** **Please state the amount of the payment (or value of any waiver of a right to an asset)** ## **11.4 Redundancy payments** _**Please complete if any redundancy or termination payment is made in the period.**_ **Total amount of payment** **The nature of the payment (cash, asset etc.)** **The extent of redundancy funding at the balance sheet date** **Please state the accounting policy for any redundancy or termination payments** CC17a (Excel) 09/18/2024 13 ## **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ |**Amount of contributions recognised in the**
**SOFA as an expense**
**Please explain the basis for allocating the**
**liability and expense of defined contribution**
**pension scheme between activities and**
**between restricted and unrestricted funds.**|£4,276
All employment costs, including pension contributions, are paid from unrestricted funds.| |---|---| _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ |**Please confirm that although the scheme is**
**accounted for as a defined contribution plan,**
**it is a defined benefit plan.**
**Please provide such information as is**
**available about the plan's surplus or deficit**
**and the implications, if any, for the reporting**
**charity**|
Our Pastor belongs to the Baptist Ministers Pension scheme. This was originally a defined benefit plan, but
and replaced by a defined contribution plan. Our Children's Worker and our Youth & Schools Worker contrib
defined contribution plan.
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme ("the s
administered by the Pension Trustee (Baptist Pension Trust Limited). The scheme is a separate legal entity
Scheme are held separately from those of the Employer and the other participating employers. For any mon
employer in the Scheme pays contributions as set out in the Schedule of Contributions in force at that time.
employer scheme and it is not possible to attribute the scheme's assets and liabilities to specific employers,
Section 28 of FRS 102, contributions are accounted for as if the Scheme were a defined contribution schem
charged to the SoFA in the year are contributions payable towards benefits and expenses accrued in that y
deficiency contributions (see below). From January 2012, pension provision is being made through the Defi
Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% o
Income into individual pension accounts, which are operated and managed on behalf of the Pension Truste
Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death i
administration costs, and an associated insurance policy which provides income protection for Scheme mem
they are unable to work due to long-term incapacity. This income protection policy has been insured by the
Britain (BUGB) with Aviva Limited. Benefits in respect of service prior to 1 January 2012 are provided throug
(DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one
Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in res
Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Ba
Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011.|
Our Pastor belongs to the Baptist Ministers Pension scheme. This was originally a defined benefit plan, but
and replaced by a defined contribution plan. Our Children's Worker and our Youth & Schools Worker contrib
defined contribution plan.
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme ("the s
administered by the Pension Trustee (Baptist Pension Trust Limited). The scheme is a separate legal entity
Scheme are held separately from those of the Employer and the other participating employers. For any mon
employer in the Scheme pays contributions as set out in the Schedule of Contributions in force at that time.
employer scheme and it is not possible to attribute the scheme's assets and liabilities to specific employers,
Section 28 of FRS 102, contributions are accounted for as if the Scheme were a defined contribution schem
charged to the SoFA in the year are contributions payable towards benefits and expenses accrued in that y
deficiency contributions (see below). From January 2012, pension provision is being made through the Defi
Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% o
Income into individual pension accounts, which are operated and managed on behalf of the Pension Truste
Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death i
administration costs, and an associated insurance policy which provides income protection for Scheme mem
they are unable to work due to long-term incapacity. This income protection policy has been insured by the
Britain (BUGB) with Aviva Limited. Benefits in respect of service prior to 1 January 2012 are provided throug
(DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one
Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in res
Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Ba
Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011.|
Our Pastor belongs to the Baptist Ministers Pension scheme. This was originally a defined benefit plan, but
and replaced by a defined contribution plan. Our Children's Worker and our Youth & Schools Worker contrib
defined contribution plan.
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme ("the s
administered by the Pension Trustee (Baptist Pension Trust Limited). The scheme is a separate legal entity
Scheme are held separately from those of the Employer and the other participating employers. For any mon
employer in the Scheme pays contributions as set out in the Schedule of Contributions in force at that time.
employer scheme and it is not possible to attribute the scheme's assets and liabilities to specific employers,
Section 28 of FRS 102, contributions are accounted for as if the Scheme were a defined contribution schem
charged to the SoFA in the year are contributions payable towards benefits and expenses accrued in that y
deficiency contributions (see below). From January 2012, pension provision is being made through the Defi
Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% o
Income into individual pension accounts, which are operated and managed on behalf of the Pension Truste
Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death i
administration costs, and an associated insurance policy which provides income protection for Scheme mem
they are unable to work due to long-term incapacity. This income protection policy has been insured by the
Britain (BUGB) with Aviva Limited. Benefits in respect of service prior to 1 January 2012 are provided throug
(DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one
Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in res
Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Ba
Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011.|
Our Pastor belongs to the Baptist Ministers Pension scheme. This was originally a defined benefit plan, but
and replaced by a defined contribution plan. Our Children's Worker and our Youth & Schools Worker contrib
defined contribution plan.
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme ("the s
administered by the Pension Trustee (Baptist Pension Trust Limited). The scheme is a separate legal entity
Scheme are held separately from those of the Employer and the other participating employers. For any mon
employer in the Scheme pays contributions as set out in the Schedule of Contributions in force at that time.
employer scheme and it is not possible to attribute the scheme's assets and liabilities to specific employers,
Section 28 of FRS 102, contributions are accounted for as if the Scheme were a defined contribution schem
charged to the SoFA in the year are contributions payable towards benefits and expenses accrued in that y
deficiency contributions (see below). From January 2012, pension provision is being made through the Defi
Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% o
Income into individual pension accounts, which are operated and managed on behalf of the Pension Truste
Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death i
administration costs, and an associated insurance policy which provides income protection for Scheme mem
they are unable to work due to long-term incapacity. This income protection policy has been insured by the
Britain (BUGB) with Aviva Limited. Benefits in respect of service prior to 1 January 2012 are provided throug
(DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one
Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in res
Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Ba
Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011.| |---|---|---|---|---| |||||| ||**Movement in Balance Sheet liability**|||| ||
Section 28.11A of FRS 102 requires agreed deficit recovery payments to be recognised as a liability. The movement in the provision
is set out in the table below.|||| |||||| ||**Accounting date(year ending):**
**###**
**###**
**###**|||| ||Balance sheet liabilityatyear start|£0|£21,000|£26,151| ||Minus deficiencycontributionspaid|£0|-£2,662|-£4,489| ||Interest cost(recognised in SoFA)
~~*~~|£0|£393|£328| ||~~Remaining change to balance sheet liability~~
id i SFA|£0|-£18,731|-£990| ||Balance sheet liabilityatyear end
£0
£0
£21,000
(recognse n o)|||| |||||| ||* Comprises anychange in agreed deficit recovery plan and change in assumptions betweenyear-ends.|||| |||||| ||**Cessation Event**: Consequent upon the departure of the then Minister from the Church in 2009, the Church had a cessation event
under Section 75 of the Pensions Act 1995. This makes the Church liable for the proportion of the overall deficit (assessed by
reference to the cost of securing benefits by the purchase of annuities) applicable to its previous Ministers who were members of the
Scheme.
In December 2019 the Church entered into a “Double Cessation Debts Arrangement” with BUGB and the Pension Trustee. Under
this arrangement the Church is no longer liable for this debt, but the Church continued to pay the ongoing deficiency contributions in
line with the Recovery Plan outlined above.|||| _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' Each of the churches participating in this plan is responsible solely for its share of the deficit and is not liable for other obligations under the terms and conditions entities' obligations. Also see narrative above. of the multi-employer plan** CC17a (Excel) 09/18/2024 14 ## **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **13.1 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**|**Grants to**
**institutions**
£|**Grants to**
**individuals**
**£**|**Support costs**
**£**|**Total**
**£**| |---|---|---|---|---| |Donations to various Christian
organsations and to otherprojects|**25682**|**1200**|**NIL**|**26882**| |Activityorproject 2|||-|-| |Activityorproject 3|||-|-| |Activityorproject 4|||-|-| |**_Total_**|**-**|**-**|**-**|**-**| ## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Grants made to institutions** |**13.2 Grants made to institutions**|**13.2 Grants made to institutions**||| |---|---|---|---| |**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**||**_Yes_**|**_Please provide_**
**_details of charity's_**
**_URL._**| |||**_No_**|**_Provide details_**
**_below_**| ||||| |**Names of institution**|**Purpose**||**Total amount of**
**grantspaid £**| |Baptist Missionary Society|Support of churches worldwide||8,300| |Baptists Together Home Mission Fund|Support of Baptist churches in UK||8,300| |South Wales Baptist College|Support of ministers in training||1,000| |Tear Fund|Relief & Development work||2,500| |Latin Link|Support of churches in South America||2,000| ||||-| ||||-| ||||-| ||||-| |**_Total grants to institutions in reporting period_**
**_Other unanalysed grants of £500 or less each_**
**_TOTAL GRANTS PAID_**|||**22,100**| ||||3,582| ||||25,682| CC17a (Excel) 09/18/2024 15 ## **Section C Notes to the accounts (cont)** **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **14.1 Cost or valuation** |**_Please complete this note if the charity has any tangible_**
**14.1 Cost or valuation**|**_note if the charity_**
**n**|**_has any tangible_**|**_fixed assets_**|||| |---|---|---|---|---|---|---| |**£**
**£**
610,546 -
Additions
- -
Revaluations
- -
Disposals
- -
Transfers *
- -
At end of the year
610,546 -
**14.2 Depreciation and impairments**
****Basis**
**** Rate**
2%
7,437 -
Disposals
- -
Depreciation
11,156 -
Impairment
- -
Transfers*
- -
At end of the year
18,593 -
**14.3 Net book value**
603,109 -
591,953 -
**14.4 Impairment**
**Freehold land &**
**buildings**
**Other land &**
**buildings**
At the beginning of the
year
SL over 50 years
on the 2021/2022
building project
(Starting from May
2022)
None applied - the
real value of these
assets is
considerably
greater than their
historic cost
At beginning of the
year
Net book value at the
beginning of the year
Net book value at the
end of the year
**_Please provide a description of the events and_**
**_circumstances that led to the recognition or reversal of_**
**_an impairment loss._**|**£**
**Freehold land &**
**buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery and**
**motor vehicles**|**£**

**Fixtures,**
**fittings and**
**equipment**|**Total**
**£**|| ||610,546
|-|-|169,166|779,712|| ||-|-|-|8,658|8,658|| ||-|-|-|-|-|| ||-|-|-|-|-|| ||-|-|-|-|-|| ||610,546|-|-|177,824|788,370|| ||**d impairments**|||||| ||SL over 50 years
on the 2021/2022
building project
(Starting from May
2022)|
None applied - the
real value of these
assets is
considerably
greater than their
historic cost|SL or RB

|Reducing
Balance|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")| ||
2%|||Mainly25%||| ||||- 130,788 138,225
- - -
- 10,016 21,172
- - -
- - -
- 140,804 159,397
- 38,378 641,487
- 37,020 628,973|||| ||7,437|-|-|130,788|138,225|| ||-|-|-|-|-|| ||11,156|-|-|10,016|21,172|| ||-|-|-|-|-|| ||-|-|-|-|-|| ||18,593|-|-|140,804|159,397|| |||||||| ||603,109|-|-|38,378|641,487|| ||591,953|-|-|37,020|628,973|| |||||||| **14.5 Revaluation** _**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_ _**the name of independent valuer, if applicable**_ _**the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.**_ ## **14.6 Other disclosures** _**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used.**_ _**(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_ - _The "transfers" row is for movements between fixed asset categories._ - _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB_ CC17a (Excel) 09/18/2024 16 ## **Section C Notes to the accounts (cont)** ## **Note 17 Investment assets** _**Please complete this note if the charity has any investment assets.**_ **17.1 Fixed assets investments (please provide for each class of investment)** |**Less: impairments**
**Add: Reversal of impairments**
Carrying (fair) value at end of year
Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ***Please specify additions resulting from acquisitions through business combinations, if any.** _**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_ ## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.** |**Analysis of investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**
**Other investments**|||| |---|---|---|---| ||**Fair value at year end**|**Cost less impairment**|| ||**£**|**£**|| ||-|-|| ||-|-|| ||-|-|| ||-|-|| ||-|-|| ||-|-|| ||||| ## **17.3 If your charity holds investment properties, please complete the following note:** **(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity** - **(ii) Name or independent valuer, if applicable, and relevant qualifications** **(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds** **(iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements** CC17a (Excel) 09/18/2024 17 ## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** |**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**Social investments**
**Total**
**Analysis of current asset**
**investments**
**Other investments**|**This year**|**Last year**| |---|---|---| ||**£**|**£**| ||46,877|20,637| ||-|-| ||-|-| ||-|-| ||-|-| ||46,877|20,637| ## **17.5 Guarantees** **Please provide details and amount of any guarantee made to or on behalf of a third party** **Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity's aims** ## **17.6 Concessionary loans** |**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Amounts receivable after more than 1 year**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_).**
**Amount of concessionary loans received****_(Multiple_**
**_loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**Terms and conditions eg interest rate, security**
**provided**
**Value of any concessionary loans which have**
**been committed but not taken up at the reporting**
**date**|**_Description_**|**This year £**|**Last year £**| |---|---|---|---| ||||| ||||| ||||| ||||| ||**_Total_**||| ||||| ||**_Description_**|**This year £**|**Last year £**| ||||| ||||| ||||| ||**_Total_**||| ||||| ||||| ||||| ||||| ||||| ||||| ## **17.7 Additional information** **Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.** **For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.** **Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.** CC17a (Excel) 09/18/2024 18 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Note 19 Debtors and prepayments**
**_Please complete this note if the charity has any_**
**_debtors or prepayments._**||| |---|---|---| |**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| ||25,721|27,465| ||-|-| ||0|0| ||25,721|27,465| **Total** ## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 09/18/2024 19 ## **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors - Defined benefit obligations**
**Total**
**Payments received on account for contracts or**
**performance-related grants**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||746|588|-|-| ||-|-|-|-| ||12,471|12,411|-|-| ||1,863|1,439|-|-| ||-|-|-|-| ||15,080|14,438|-|-| ## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 09/18/2024 20 ## **Section C Notes to the accounts (cont)** |**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**||| |---|---|---| ||**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||58,906|43,483| ||-|-| ||58,906|43,483| CC17a (Excel) 09/18/2024 21 **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**£**
**Fund**
**balances**
**brought**
**forward**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**£**
**Gains and**
**losses**|**£**
**Fund**
**balances**
**carried**
**forward**| |BuildingFund|R|BuildingImprovements|339,499|15,277|(22,595)|-|-|332,181| |General Reserve|UR|Unrestricted General Reserve|379,135|177,316|(143,235)|-|0|413,216| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||718,634|192,593|(165,830)|-|0|745,397| CC17a (Excel) 09/18/2024 22 **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**£**
**Fund**
**balances**
**brought**
**forward**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**£**
**Gains and**
**losses**|**£**
**Fund**
**balances**
**carried**
**forward**| |BuildingFund|R|BuildingImprovements|285,103|64,373|(9,977)|-|-|339,499| |General Reserve|UR|Unrestricted General Reserve|363,446|137,290|(140,332)|-|18,731|379,135| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| ||||-|-|-|-|-|-| |**_Other funds_**|**N/a**|**N/a**|-|-|-|-|-|-| |**Total Funds**|||648,549|201,663|(150,309)|-|18,731|718,634| CC17a (Excel) 09/18/2024 23 **Section C Notes to the accounts (cont)** **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **0** _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ |**Name of trustee**|**Legal authority (eg**
**order, governing**
**document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---|---|---|---| |||**Thisyear**||||**Lastyear**| |||**Remuneration**|**Pension**
**contribution**|**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**|**Other**|**TOTAL**| |||**£**|**£**||**£**|**£**| |**Rev Martin Gillard**|**Constitution**|**31740**|**3983**|**0**|**4399**|**38634**| |||||||| |||||||| |||||||| _**Please give details of why remuneration or other employment**_ **Rev Martin Gillard is the Pastor of the church. By virtue of his** _**benefits were paid.**_ **office he is a member of the leadership team and hence a trustee, but he is also entitled to a stipend in accordance with our constitution.** _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ |**No trustee expenses have been incurred (True or False)**||**_0_**| |---|---|---| |||| |**Type of expenses reimbursed**|**This year**|**Last year**| ||**£**|**£**| |**Travel**|**406**|**333**| |**Subsistence**||| |**Accommodation**||| |**Other (please specify): Cost of carbon monoxide alarm for manse (2022)**|**0**|**35**| |||| |**TOTAL**|**406**|**368**| **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** **ONE** ## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ **There have been no related party transactions in the reporting period (True or False)** _**0**_ |**Name of the trustee or**
**related party**|
**Relationship to**
**charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for bad debts**
**at period end**|
**Amounts**
**written off**
**during**
**reporting**
**period**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| |**Porthcawl YMCA**|**Common Trustee -**
**Mr A J Hornsby**|**OUT: Room Hire for**
**running Foodbank**|**2786**|||| |**Gulu Mission Initiative**|**Common Trustee -**
**Mr A J Hornsby**|**OUT: Donation to**
**support charity's work**
**in Uganda**|**500**|||| |**The G P Janes**
**Bequest Fund**|**Common Trustee -**
**Rev M J Gillard**|**IN: Grant Towards PA**
**System / Cameras**|**1164**|||| |||||||| _**In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement.**_ _**For any related party, please provide details of any guarantees given or received.**_ CC17a (Excel) 09/18/2024 24 **Section C Notes to the accounts (cont)** ## **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** CC17a (Excel) 09/18/2024 25 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GILGAL BAPTIST CHURCH PORTHCAWL** ## **Independent examiner's report to the trustees of Gilgal Baptist Church Porthcawl** I report to the charity trustees on my examination of the accounts of Gilgal Baptist Church Porthcawl for the year ended 31 December 2023. ## **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 Act and in carrying out my examination I have followed all 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 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. ## R.I. KNOYLE ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL Dated…… 12[th] September 2024 …….. Page 1