RECISTERED CHARITY NUMBER: 1134872 ort of the Ttee$ and Unaudited Financial Statements for the Year Ended 31 December 2024 for Cotshill Ba tist Church Attwoods Chartered Certified Accountants 182 Worcester Road Bromsgrove Worcestershire B617AZ
Catshill Ba tist Chureb Contents of the Financial Statements for the Year nded 31 Decembey 2024 Page Report of the Trustees Independent Examiner's Report StAtement of Financial Activities Balance Sheet Notes to the Flnanelal Statements 6 to 11 Detailed Statement of Flnancial Actlvltles 12 to 13
Catshill Ba tist Chureb ort of the Trustees for the Year Ended 31 December 2024 The trnstees present their report the financial statements of the cEwÈty for the year ended 31 December 2024. The tnte¢S have adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charitie5 preparino their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ACHtEVEMENTS AND PERFORMANCE Internal and externxl factors During 2024 the church ran all of its activities for the us¢ of the buil(ITng which has included an additional letting Opportunity for a local dance group. Music group, Motor Cycle group, Mini First Aid group and additional ad hoc hire as requested. We are still aware of the increased social and economic impact which has continued thn)ughout the year. the food bank remains a Major element of the church's service to the community. The church is aware of die need to support people in the conllnunAty who were isolated or lonely. Tbe church Renew and Wellbeing Café has become a very useful drop-in session for people in the community to re-engage socially with others reducing loneliness. As the church outreach activities had increased an additional ministeT was appointed to over see these actlVLties, inilially undertaking the over sight on a three-year contract along with other pastoral responsibilities. STRiICTURE, GOVERNAJ¥ICE AND MANAGEMENT Governing doeument The charity is controlled by its governing do¢ument, a constitution adopted 24 June 2009, as amended on 18 July 2021. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity niimber 1134872 Principal Address Milton Road Catshill Bromsgrove Worcestershire B61 ONA Trustees S Gudger J Markie M Timmins (resigned 31.1.24) A Treweeks J Marshall M FarrId K Fountain (resigued I1.7.24) D Scholes (resigned 16.1.24) L Shirley (appoinfrd 26.2.25) P Lewis (appointed 1.9.24) Independent Examiner Attwoods Chartered Certified Accountants 182 Worcester Road Bromsgyove Worcestershire B617AZ Page I
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Inde endent Examiner's Re ort to the Trustees of Catsbill Ba tist Churcb Independent exaler'S report to the trustees of Catshill Baptist Church I report to the charity trust¢ on my examination of the accounts of Catshill Baptist Church (the TTust} for the year ended 31 Decernber 2024. Responsibilities and basis of report As the ch&rity tsvstees of the Trust you are responsible for the preparation of the accounts in accordance with the require]nents of the Charities Act 2011 (Yhe Act,). I report in respect of my examination of the Tru5Vs accounts Caled 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 tkne Act. Independent examlner's statement I have completed my exa]nination. I Conf that no Fnaterial matters have come to my attention in comiection Thith the examination giving me cause to believe that in any material respect: accounting records w¢re not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those r¢¢ords' or the accounts do not comply with the applicable requirements ¢on¢¢rning the fomi and content of a¢couniS set out in the Charities (Accounts and Reports) Regulatioiis 2008 other than lY requu'ement that tlie 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. Attwoods Chartered Certified Accountants 182 Worcester Road BrOmSove Worcestershire B617AZ Date.. Page 3
Catshill Ba tist Church Statement of Financi21 Activities for the Year Ended 31 December 2024 31.12.24 Total fund5 31.12.23 Total fimds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 153,622 22,169 175,791 119,757 Charitable activities CkLufLh aLlivilcs 796 796 607 206 26,499 Other antS and donations Home Essentiats 15250 15250 Other trading activities Investment income 608 2,674 608 2,674 682 1,919 Tolgl 157,700 37,419 195,119 149,670 EXPENDITURF. ON Charitable aLtivities Church activites 93,622 400 3,000 3,500 1,200 2,763 93,622 16,217 3,000 3,500 1,200 2,763 99.243 22,496 5,570 4,360 1,200 5,590 Foodbank expelldire Donations to Home Mission Donations to BMS World Mission Donations to Hope Home Other grants and donations Building maintenance 15,817 3,857 3,857 13,613 29,525 28,986 Home Essentials 13,613 Total 108J42 29,430 137,772 196,970 ET INCOMEIIEXPENDITURE) 49 J58 7,989 57,347 (47,300) RECONCILIATION OF FUNDS Total funds brought forward 754,991 19,650 774,641 821,940 TOTAL FUI¥DS CARRIED FORWARD 81)4 J49 27,639 831,988 774,640 The notes fonn part of these fllwLcial statements Paoe 4
atshl ur lanceshe 31.12.24 Total funds 31.12.23 Tolal funits Unrestri¢tL)a R&wicted fimd Notes FED ASSETS Tangibl¢ &8s¢ts 67S1380 679,280 678,912 Ci]RREr ASSETS Dcbiu Cash ai bauk BJ22 148682 5,023 99,555 118043 27,639 14965 27ffi39 154ffjO4 CREDITORS Amounts falling due within one year (1,896) (1096) 18.849) NET CiTRRENT ASSETS l25,069 27,639 152,7(18 TOTAL ASSETS LESS CURRENT LIABILITIES 804a49 27,639 831,988 774,641 NET ASSETS 804a49 27ffj39 831988 774.641 FUNDS Unrestsictcd fund Restricted fijnds 804J49 27fj39 754.991 19,650 TOTAL FUNDS 831J88 774,641 The financial statements Wtt¢ #pprov¢d by the Boatd of ThCeS Ind èuthoris¢d for issue on .....,...,,........,......................... and were signed on Its behdif by.. .hall- Truste¢ The uotes fonn part Df thc&e financial $lal¢D]¢nts Page 5
Catsbill B2 tist Church Notes to the Financial Stat¢menÉs for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting alld Reporting by Charities.. Statement of Re¢on)mended Practice applicable to charities preparing tbeir accounts in accordance with the Financial Reporting Standard applicable in tbe UK and Republic of Ireland (FRS 102) (effective l January 2019}', Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of treland, and the ChaTities Act 2011. The t-8cIal statemenrs have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the cliarity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably, Expenditure Liabilities are recolISed as expenditure as s[n as there is a legal or constructive obligation conlmitting the chatity to that expenditure, it is probable that a tr}Sfer of economic benefits will be required u) settletnent and the aniount of the obligation can be tneasured reliably. Expenditure is accounted for on an aceruals basis and has been classltied under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted a comrnilrnent but not accrued as expendiNre. Tangible fixed assets Depi'eL'ialion is not provided on assetg. Taxation The charity is exempt from tax on its charitable activities. Fund aceountlng Unrestricted funds Can be used in accordance with the charitable objectives at the discretion of the trnstees. Restricted funds can only be used for particular restricted purposes wtthin the objects of the charity. Restrictions arise when spectfied by the donor or when fidS are raised for particular restricted purposes. Further explanation of the nature and purpose of each fid is included in the notes to the fllwicial staternents. HSre purehase and leasing eommltmenÉs Rentals paid urAder operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. Pension costs alld other post-reÉir¢ment benefits The clwity operates a defmed contribution pension scheme and also a defined benefit scheme, as refeed to in Note I l. Contributions payable to the charity's pension scherne are charoed to the Statement of Financial Activities in the period to which they relate. Page 6 continued...
Catsbill Ba tist Church Notes to the Financial Statements- Colltiuued ror the Year Ended 31 December 2024 OTHER TRADING ACTIVITIES 31.12.24 31.12.23 Room hire 608 682 INVESTMENT INCOME 31.12.24 31.12.23 Deposit account interest HEBA interest 436 2238 343 1,576 2,674 1,919 TRUSTEES, REMUNEIL4TION AND BENEFITS 31.12.24 31.12.23 Trustees, salaries Trustees, pensions paid 46,925 5,562 48,600 3,953 52,487 52,553 The minister and assistant minister act as some of the chiwch's trustees in accordance with the Constimtion. During the year a church member who was employed by the church in an administrative role was elected onto the Leadership Team and therefore became a trustee. The amounts above represent ren]uneration received lll respect of their services as ministers and his employment as administrator. No ljustees are remunerated for their services as tees. Trustees expenses 31.12,24 31.12.23 TStee$, expenses 300 1,576 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund Total funds YCOME Af4D EIYDOWMENfs FROM Donations and legacies 110,187 9.570 119,757 Charitable aelivities Church activites 607 206 607 206 26,499 Other grants and donations Hotne Essentials 26,499 Other tradillg activities tnvestment income 682 1,919 682 1,919 Total 113,601 36,069 149.670 Page 7 continued...
Catshill Ba tist Church Notes to the Financial Statements - colltinued for the Year Ended 31 December 2024 COMPARATIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fid fid Total funds EXPENDITURF ON Cbarituble activities Church activites 99,243 99,243 22,496 5,570 4,360 1,200 5,590 Foodbank expenditure Donations to Home Mission Donations to BMS World Mission Donations to Hope Home Other grants and donations Biiilding maintenance 22,496 5,570 4.360 1,200 5,590 29,525 29,525 28.986 Home Essentials 28,986 Total 145,488 51,482 196,970 ET NCOMEI(EXPENDITURE) (31,887) (15,413) (47,300) RECONCILIATION OF FUKDS Total ILuJds brUut fonvard 786,877 35,063 821,940 TOTAL FUNDS CARRIED FORWARD 754,990 19,650 774,640 TANGIBLE FIXED ASSETS Freehold property Computer equipment Totals COST At I Sanuary 2024 Additions 678,912 678,912 549 549 At 31 December 2024 678,912 549 679,461 DEPRECtATION Charge for year 181 181 NET BOOK VALUE At 3 1 December 2024 678,912 368 679280 At 3 1 December 2023 678,912 678,912 Page 8 ontinued...
Catshill B2 tist Church Notes to the Financial St2tetllent5 - CODtinued for the Year Ended 31 December 2024 TANGIBLE FIXED ASSETS - continued Freehold Property represent5 the church premises and manse, of which the church is the beneficial owner (subject to the relevant trusts), the legal title to which is held by the church's custodian trustee the Heart of Englarld Baptist Association (Charity No. 1080529). Additions to freehold property during 2017 and 2018 totalling £443,913 represent the building cost of a new church hall. DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 31.12.24 31.12.23 Gift Aid 8,922 5,023 CREDITORS: AMOUIYTS FALLING DUE WITHtN ONE YEAR 31.12,24 31.12.23 Trade creditors T&xalii)n and social security Otber creditors 601 1,295 1,241 828 6,780 1,896 8,849 MOVEMENT IN FUNDS Net mOVeellt in fid$ At 31.12.24 At I,1.24 Unrestricted fuDds General fund 754,991 49,358 804,349 Restricted funds General restricted 19,650 7,989 27,639 TOTAL FUNDS 774,641 57a47 831,988 Net movernent in funds, included in the above are as follows: Incoming resources Resources expended Movement in fifftds Ujjrestrieted funds General fund 157,700 (108,342) 49,358 Restricted funds General restricted 37,419 (29,430) 7,989 TOTAL FUNDS 195,119 (137,772) 57,347 Page 9 continued...
Catshill Ba tist Church Notes to the FAnancial Statements - continued for the Year Ended 31 December 2024 MOVEMENT IN FUIYDS - continued Comparatives for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Ullrestricted funds General fund 786,877 (31,887) 754,990 Restrieted funds General restricted 35,063 (L5.413) 19,650 TOTAL FUNDS 821,940 (47,300) 774,640 Comparative Det movement in fill)ds, included in the above aTe as follows: tncoming resources Resources expended Movement in fidS Unrestricled funds General tund 113,601 (145,488) (31,887) Restricted funds General restricted 36,069 (51,482) (15,413) TOTAL FUNDS 149,670 (196,970) (47,300) A current year 12 months and prior year 12 months combined position is as follows: Net movement in knids At 31.12.24 At 1.1.23 Unrestricted funds General fund 786,877 17,471 804,348 Restrieted fullds Genernl restricted 35,063 (7,424) 27,639 TOTAL FUNDS 821,940 10,047 831,987 Paoe 10 continued...
Catshill Ba tist Cburch Notes to the Financial Statements- eontinlled lor tbe Year Ended 31 December 2024 MOVEMENT IN FUNDS - continued A cuent year 12 rnonths and prior year 12 months combined net movement in funds, included in the above are as follows- Incoming resources Resources expended Movernent in funds Unrestricted funds General fid 271,301 {253,830) 17,471 Restricted fund5 General Testricted 73,488 (80,9 12) (7.424) TOTAL FUNDS 344,789 (334,742) 10,047 io. RELATED PARTY DISCLOSURES There are no related party transactions during the year other than those detailed in note 4. Patye I I
Catsbill Ba tist Church Detailed Statement of Financial Activities for the Yegr Ended 31 December 2024 31.12.24 31.12.23 INCOIVIE AND ENDOWMENTS Donations and legacie Gifts Gift aid Foodbdnk gifts 140,643 12,982 22,166 91,926 18,262 9,569 175,791 l L9,757 Other trading activitie5 Room hire 608 682 Investment income Deposit account interest HEBA interest 436 2,238 343 1,576 2,674 1,919 Charitable ae¢ivitle$ Grants SattdaY Coffee morning Misc income 15250 511 285 26,705 326 281 16,046 27,312 Total Incoming resourees 195,119 149,670 EXPEf4DJTURE Charitable aetivitie5 Trustees, salaries Trustees, pensions paid Trustees, expenses Baptist Union pension deficit Rates and water Insurance Light and heat Telephone Stationery Sun(tries Course and membership fees Youth activities Church events Food Bank costg Carried fonvard 46,925 5,562 300 io 8,978 3,218 7,102 431 1,030 12,258 2,450 547 48,600 3,953 1,576 12 4,006 3,328 16,496 249 1,608 9,623 3,164 836 855 22,496 116,802 16,362 105,979 This page does not fonn part of the statutory fanCIal StateentS Page 12
Catshill Ba tist Church Detailed Statement of Financial Activities for the Year Ended 31 December 2024 31.12.24 31.12.23 Charitable activities Brought forwaTd Preaching and visiting speaker Propety maintenance Professional fees Equipment costs Home essentials costs Grants and donations 105,979 1,500 3,857 570 1,579 13,068 11,038 116,802 470 29,525 540 2,532 28,986 18,115 137,591 196,970 Supp()rt eosts Management Computer equipment 181 Total resources expended 137,772 196,970 Net In¢ome/(expenditure) 57J47 (47,300) This page does not fonn part of the StatOry fmancial stateents Page 13