Charlty registratlon number 1136471 (England and Wales)
Company registratlon number 07227205
HOLLAND ROAD BAPTIST CHURCH TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Caladine
Chartered Certified Accountants

HOLLAND ROAD BAPTIST CHURCH TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
L Lurcock
S Lynch
APop
D Treneer
S Ivalker
O Wilson
E Fletcher
T Ison
R Francis
Elders
D Treneor
T Vellacott
S Whiffield
Charity number
1136471
Company number
07227205
Reglstsred offlce
6&71 Holland Road
Hove
East Sussex
BN3 1JN
Independent examlner
John Caladine FCCA CTA FCIE
Caladine Limited
Chantry House
22 Upperton Road
Eastboume
East Sussex
BN21 1BF
Bankers
National Westminster PIC
Barclays Bank PIC
The Cowoperative Bank
Baptist Union Corporation Ltd

HOLLAND ROAD BAPTIST CHURCH TRUST
CONTENTS
Page
Trustees, report
Statement of Trustees, responsibilities
Independent examinerfs report
ststement of financial activitie8
ststement of financial position
10
Statement of cash flows
11
Notes to the financial statements
12-24

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial statements for the year ended 31 De￿mber 2024.
The financial ststements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Church's trust deed, the Companies Act 2006 and "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective
1 January 2019)"
Objectives and actlvitles
The vision statement of the Church - We believe that God has called us to be a Church that raises th8 next
generation.
To achieve this end the Church is engaged in numerous activities from Sunday worship to weekday meetings
catering for all ages. The Church has also undertaken several stepstone events to appeal directly to those outside
the immediate membership, some of these in conjunction with other churches within Brighton. The ongoing caring
for all connected with Holland Road remains a high priorty
Public benefit
The Trustees have pald due regard to guidance Issued by the Charity Commission In deciding what activltles the
Church should undertake.
Achlevements and performance
Senlor Pastors Overvlew 2024
2024 wa5 8 year of multiple bereavements of long-established church members, yet in the challenges and grief, we
have again seen God's faithfulness, help and encouragement.
We stsrted the year with an amphasis on dlsclpleship, looking at walking "in the footsteps of Jesus" 8nd how we can
grow as followers of Jesus. We ended this with a discipleship survey of the congregation, which we plan to repeat
annually. We also took a different approach to our leadership training, doing three consecutive evenings in the first
half of the year, again focusing on growing as emotionally healthy disciples. Al other points in the year, we looked at
the Lord's prayer. slowly meditating and reflecting on each line Sunday by Sunday, then later in the year, we looked
at the book of Esther, leaming how God is at work even when he is not seen or mentioned.
We have seen people throughout the year come to faith, with 12 people getting baptised. It has been encouraging
to see God sending new people to the congregation. We were thankful for 3 new trustees who were appointed this
year as well. We have seen new community groups start and others come to an end,. overall, our number of
community groups remained the same at the end of the year as it was at the beginning. God has also been so
faithful in his provision, wrth both our regular giving and gifts days exceeding expectations.
The rest of this report outlines many different ways lives of all different ages have been impacted, and how we have
continued to help "Every generation raise the next generation. to be FREE (to be Following Jesus, Reaching Out,
being an Extended Family and doing Everything in Love).
We ended the year with thankfulness and praise as we celebrated the birth of Christ with a completely packed
candlelight carol service.
The Practical Team
The team continued to offer hope and practical help to people in our Cty in 2024. The main priorities continued to
1. To serve those experfencing or in danger of belng homeless
The Monday Lunch Club continues to occur virtually every Monday from 12-1 p.m. every week throughout the
year. This is a place of true communty. It is also a vehicle to provide practical help such as signposting to other
agencies, induding our own CAP ￿ntre, as well as a source of grant applications, e.g Acts 435.

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The team also provides donations of small furnrture items and kitchenalia to dients of St Mungo's Housing Led and
Ju5tlife moving into new accommodation.
We continue to offer our sitelsp8ces to frontline charities working wlth the homeless and people ￿th no recourse to
public funds. For example, CGL Smart meetings take place in the hall every Thursday and Voices In Exile regularly
Uses a room to support refugees and those seeking the right to remain.
2. To help address food poverty
The church continues to be an emergency food land household items) sour￿. This is a non-referl in case of
need service. We also supplement the standard foodbank items with cooked meals made fresh and then frozen
by some of our volunteer cooks.
3. Collaboratlon
The Practical Team continues to seek to work with other churches and organisations in the City that try to support
those in need by sharing best practices and resources to avoid unnecessary duplication.
The team Continues to be active in the support of Christs'an Action Brighton (CAB) btwii
.christi
ctionbri
We remain financial 8UPPOrters of Street Support https:Ilstreettsupport.neVbrighton-8nd-hovel
For regular updates on the ongoing work of the practical team, you joln the dedicated Facebook gr¢￿p https:11
www.facebook.comlgroupslpracticalteam.
Sundays
Holland Road Kids continues to run on Sundays alongside the service, and we have an average of 2&30 chIld￿n
coming to primary school. We continue to offer the Early Years Room for ages 2-4 and have had about 6-9
children coming along. We also have the Family Room open for those with children under 2 years old to watch the
service and have tea and coffee in a more relaxed setting with toys. We have also taken the opportunity, mostly in
the summer or school holidays, to run a Family Space in the hall, which is available for parents to continue to
watch the livestream of the service, along with their children, in a morg relaxed anvironment when arenl
wnning official children's activlties.
Holiday Club
We ran Showcase during the February half term on Tuesday, Wednesday and Thursday and Sunday, with over 70
children attending on each day (bar the Sunday). The highest attended day was Thursday, with 78 children, and
the lowest attended day was Sunday {the final), with 31 children. We had an amazing team of volunteers, with all
ages and generalions helping to serve. We had about 45 people attend the lunch after the Sunday service, and
then we had a few new families come along to church in the weeks following the Holiday Club.
Year 5+6 Actlvltles
We run some of these Special activities for the older primary school children to help them build and strengthen
their relationships with each other and the leaders. We ran a residential weekend in July to Lodge Hill with 20
children, which was the maximum number of children we could take away in the place where we stayed. We also
ran a Pizza and Bowling evening in October with 12 children attending.
Light Party
We ran a Light Party for children in Primary School as an alternative to Halloween on 31st October. We had about
35 children attend this event. again a reduction in numbers from previous years and one to think about for next
yearfs planning.
Kids. Christmas Choir
We offered Tuesday afternoon sessions in the run-up to the Candlelight Service, which included a time to practice
the song they would be performing and some special Christmas activities such as crafts and baking.

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
We had 13 children slgn up for this, and about 15 children performed in the choir. The song was vThitten and led by
one of our youth helpers.
The Greatest Glft - Chrlstmas Event
We ran a family event on 22nd December aimed at families to tell them the real Christmas story. It involved a
dramatic retelling of the Nativity, which included carols and a Christmas cafe afterwards. It was attended by
about 30 children and their families.
Under Ss Fledgllngs
We continued to run our Toddler Group, whlch is in its 3rd year. It's proven to be a popular group and has on
average 15-20 families attending each week, with some regulars and also some new people each time.
Messy Easter and Messy Chrlstmas
We ran two special events especially for parents with children under S. which allowed them to engage with the
Easter and Christm8S Stories in an interactive way. We offer a variety of crafts and activities, a chance to hear the
real Easter and Christmas story, and we always provide food at the end. These are very popular, and we always
have a good amount of people coming along.
Youth
Youth Sundays
We offer a varied programme for the youth on a Sunday mornlng, whlch Includes an Interactive adult-led session in
the red room, serving on a team and staying in the main service. Often, the youth are registered when they arrive in
the building. regardless of the activlties they participate in during the morning. Consequently, the numbers recorded
on Churchsuite may not accurately reflect the number who attend the red room session. The average attendance
recorded for 2024 was 13.
A number of young people serve across a variety of teams, the numbers are shown below. There are some overlaps
where the same person serves on multiple teams.
8and:2
Early Years: 4
Communlon.. 1
Klds: 11
HRY (Young leaders): 4
Production: 3
Sunday moming refreshments: 4
We had 7 team members initially serving the young people on Sundays during 2024, which was reduced to 5
after the Summer term.
In the Spring term, we examined stories of New Testament encounters with Jesus. We followed the semon series
in the Summer term (The Lord's Prayer), and in the Autumn term, we looked at a series on parables.
4 young people were baptised in 2024.
HRY
We had on average 15 young people attending HRY (Holland Road Youth) each week during 2024, down from lasl
year's average. Our programme remains varied, with most evenings happening in the hall but some evenings doing
events out of Ihe church. including joint gatherings with other youth groups once per temi. Each evening also
includes a short game or talk teaching about an aspect of faith or Christian life.
The team included 7 leaders for much of the year, reduced to 6 in the late Autumn tem, and 4 young leaders.

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
This year, we attended May Camp over the May half term bank holiday. A team of 5 leaders took 14 young people.
some for the whole weekend and some for day visits. Several of them had such transformative experiences, which
led to starting conversations about baptism.
Oldgr Youth
There has not really been a consistent rhythm for meeting with the Older Youth as a group. Two Year Ils worked with
a leader to prepare and lead a 'Going Deeper, Bible study for the rest of the Older Youth, with plans lo create a
more regular rhythm for these going forward, perhaps equipping more of the Older Youth to lead them in fLrture.
Youth Band
The youth band has conllnued throughout 2024. The young people have led worship for the children on a Sunday
moming On￿ a month and led worship at the holiday club and family Christmas event. They also led on a Sunday
moming in Ihe Summer term, supported by an established worship leader. One member of the youth band wrote
and directed a Christmas song for the Kids, Choir to perfom at Christmas services.
This meets every other week and contalns about 5 young people who have grown in sklll and unlty as they worship
together.
Mentorlng
21 young people were In mentoring relatlonships with various church members durlng this year. Mentors meet elther
1 to 1 or with a couple of young people every 4-6 weeks to chat, pray and study the Bible together.
Tralning
l attended a national youth training weekend with other youth workers from the city, and one church member
who volunteers on the youth team.
Wlder Youth Events
We attended The Gathering, run by Blshop Hannington, three times over 2024, once per term. This is a gathering of
around 100 young people from youth groups and churches across the city and includes social time, games, worship
and a preach.
Two leaders also took young people to 'Mlni May Camp, in the Autumn term., a reunion for those went to
May Camp in the Summer, and another opportunity to worship together and hear a short Sermon.
Thrlva
Thrive is all about growth in character and skills= growih through training, growth through mission and growth
through ministry. We have been thankful to have had two intems this academic year join us, focusing largely on
Children's Work and Restore ministries. They are currently getting ready to visit some of our mission partners
overseas in April and in July 2025, and they are undergoing theology training with Emmanuel Church.
World Mlsslon 2024
In 2024, we again saw an incredible response to our World Mission Gift Day in May, totalling over £52K. This came
at the end of our annual World Week, where we'd had a 24-7 prayer room set up that was fully utilised by all ages
and a wide range of people from the church family. We also hosted Getinet and Rulh, partners from Ethiopia. who
joined in our World Week.
Idve enhanced our ability to communicate about our three priority areas by adding a descriptive line to each priorty-
1. The poorest of the poor- We seek to selve and empower those in financial, spiritual or relational poverty.
2. Places where there is no church - We partner with people on the ground to reach out to those WI￿ may never
have encountered the love of Jesus.
3. The persecuted church - We support and pray for our Christian family in places where it is dangerous to be
believer.

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Ilve had two pastoral team visits in 2024 - a team of 4 visited partners in North Africa in March and a team of two
visited partners in France in November.
Flnanclal revlew
There was a deficit on the unrestricted fvnds for the year of £13,019 before transfers. The balance in the
unrestricted fund is £1,021,649 (2023: £1,034,668).
Reserves policy
The majority of the Church's funds are invested In land and buildings, which are utilised to carry out the Church's
purposes. It is the policy of the Church to accumulate only an adequate level of cash and readily accessible
reserves deemed sufficient to meet likely and unexpected capital expenditure needs. The Church has specifically
set aside the sum of £85,000 as a reserve. Subject to any donorfs wishes, restricted funds are generally held to
meet specific purposes or capital projects.
Investment poliGy
The majority of monies are invested In deposit accounts with recognised financial institutions. The Church seeks to
obtain the highest possible returns consistent with 8 cautious attitude to risk and short term availability of such
monles.
Major risks
Rlsk management
The Church has a risk management policy. The Trustees are satisfied that appropriate systems are in place to
mits'gate the Church's exposure to such risks, to safeguard the assets of the Church and should prevent andlor
detect fraud and other irregularities.
Structure, governance and management
The Trust was formed on the 19 April 2010 and commenced activities on the 1 July 2010 with the transfer of the
assets and work of Holland Road Baptist Church.
The Church was founded by a trust deed dated 19 June 1889 and is now governed by its Articles ofAssociation and
new constitution, 'The Goveming Document of Holland Road Baptist Church" as agreed at a Church meeting on
13 March 2013, as well as being affiliated to the Baptist Union of Great Britaln (a registered charity).
The Trustees who held office durlng the year to 31 December 2024 were as follows:
(Resigned 21 April 2024)
D Collins
L Lurcock
S Lynch
APop
D Treneer
S Walker
O V4llson
E Fletcher
T Ison
R Francis
(Appointed 21 April 2024)
(Appointed 21 April 2024)
(Appointed 21 April 2024)

HOLLAND ROAD BAPTIST CHURCH TRUST
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR TrIE YEAR ENDED 31 DECEMBER 2024
Recniltmant and appolntment of tNste8S
Deacons are Ihose whrj serve in specific leadership roles In the church and are 8ppoinled by the Trust88s as
racommended by the elder8,
The appOIntrne￿t of elders are nomlnated by the Pastor and votad on by the Church meellng.
Tru8tae8 are ap￿nted by a Church meellng.
Newly appolnted Truste88 are provlded wlth 8uch Inductlon and tr81nlng 08 consldered nec8ssary for th• rola withln
the church whlch they are und8rtaklng,
Organl8atlon818tmcture
The Church18 managed on a day to day b4515 by a CO￿ lead8r8hip team namely Davld Treneer and Thm Vellacx)tt
(the ￿ Pa8lor81 and other minlstry leadars as requlred from tlm6 to tlme 8uble¢l to tha overall Bpirltual oversight of
the dders. The Trustees are jointly re8pon8lb19 for th& govemance of th8 Chuirh, e8peci8lly for th9 operatlonal.
legal and financlal agpect8, referrtng 80me matters to a members vote as approprlata.
Thls raport has been prgpared In accordance w￿h the sp8dal provislon8 ralatlng to 8mall companSes ￿lh1n Part 15
of the Gompanie5 Act 2008,
half of the board of TrLJ6tee8
Iker
Trusts8
10 July 2025

HOLLAND ROAD BAPTIST CHURCH TRUST
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees, who are also the directors of Holland Road Baptist Church Trust for the purpose of o)mpany law, are
responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards {Unlled Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair
view of the State of affairs of the Church and of the inconiing resources and application of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP-,
make judgements and estimates that are reasonable and prudent-,
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Church
will continue in operation.
The Trustees are responsible for keeplng adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the Church and enable them to ensure that the financial statements comply with
the Companies Act 2006. They are also responsible for safeguarding the assets of the Church and hence for taking
reasonable steps for the prevention and detection of fraud and other irregulaflties.

HOLLAND ROAD BAPTIST CHURCH TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOLLAND ROAD BAPTIST CHURCH TRUST
I rep¢Yt to the Trustees on my examinatr'on of the financial statements of Holland Road Baptist Church Trust (the
Churth) for the year ended 31 December 2024.
Responslbllltles and basls of report
As the Trustees of the Church {and also its directors for the purposes of company lawl, you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Church are not required to be audited under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
Church's financial statements carried out under secticin 145 of the Charities Act 2011. In carrying out my
examinats'on I have followed the Directions given by the Charity Commission under section 145{51(b) of the Charities
Act2011.
Independent examlnerfs statement
Since the Church's gross income exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the
Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters hav8 come to my attention in conne￿10n with the
examinats'on giving me cause to believe that in any material respect..
8ccounting records were not kept in respect of the Church as required by section 386 of the Companies Act
2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a true and fair view, which is nd a matter
considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accountlng and reporting by charities applicable to charities
preparing their financial statements in accordance with the Financlal Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
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 financial statements to be reached.
John Caladine
ACTA FCIE
Chartered Certified Accountants
Caladine Limited
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 18F
10 July 2025

HOLLAND ROAD BAPTIST CHURCH TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestrlcted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Charitable activities
Investments
518,827
18,062
28,213
518,827
18,062
28,213
443,722
41,691
29,116
12,000
455,722
41,691
29,116
Totsl Income
565,102
565,102
514,529
12,000
526,529
Expendlture on:
Charitable activities
553.121
553,121
551,008
12,000
563,008
Total expendlture
553,121
553,121
551,008
12,000
563,008
Net gainsl(losses) on
investments
11
(25,000)
(25,000)
Net expenditure and
movement In funds
(13,019)
(13,019)
(36,479)
(36,479)
Reconcillatlon of funds:
Fund balances at 1 January
2024
1,034,888 1,187,535 2,202,203
1,071,147 1,167,535 2,238,682
Fund balances at 31
December 2024
1,021,649 1,167,535 2,189.184
1,034,668 1,167,535 2,202,203
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activitles.

HOLLAND ROAD BAPTIST CHURCH TRUST
STATEMENT OF FINANCIAL POSITION
AS A T 31 DECEMBER 2024
2024
2023
Notes
Flxed a89&ts
Pryrty, plant and ￿UIpMent
Investment propety
13
14
1,203,028
425,000
1,204,546
450.000
1,628,028
1,854,548
Curr•nt aBs•ts
Trade and other recelvables
Cash at bank and In hand
16
18,582
574.388
e,253
576.460
592,950
(14,76S)
582,713
{14,238)
Currnnt Ilabllltlo•
16
Net currant asgets
578,185
588,475
Total a350ts l•ss curront Ilabllltl08
2,206,213
2,223.021
Non-current IlablllU08
17
(17,029)
(20,818)
Net a88et8
2,189,184
2,202.203
The fund8 of the Church
Re8tricted Income fund8
Ufftstrlded fund8
20
21
1,167,535
1,021,649
1,187,535
1,034,888
2,189.184
2,202,203
Th8 company 18 eniltted to the exemption from the audtt requlrement contslned In 8eGtlon 477 of th8 Comp8n188 A
2008, for the year ended 31 D8C8mber 2024.
Tha dlr8¢aors ac1(n+￿1edge thelr re8ponglblliti8s for ¢omplylng wth the requlrements of the Companles Act 2QM)6
ith re8pect to accountlng records and the preparatlon of financlal slatements.
The r￿MberS hava not requlred tho ¢￿￿panY to obtain an sudlt of it8 financial statements for the year In que8tlon In
accordanc8 wrth Section 478.
These financlal statements have been prepared In a￿ordanCe wlth Ihg provlslonB appllcable to companles subJect
to the Small companies raglme.
The financial stat8ment8 were approved by the T
eeson1
2025
D Treneer
Trustee
S Walker
Tr
Company regI8trallon nurn￿r 07227205.
nd Wales
10-

HOLLAND ROAD BAPTIST CHURCH TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flows from operatlng actlvltles
Cash absorbed by operations
26
(26.516)
(42,834)
Investlng activltles
Purchase of propety, plant and equipment
Investment income received
(5,046)
29,116
28,213
Net cash generated from Investlng actlvltle8
28,213
24,070
Flnanclng actlvltles
Repayment of borrowings
(3,789)
(4.014)
Net cash used In financlng actlvltle8
(3,789)
(4,014)
Net dKrease In cash and cash •qulvalents
(2,092)
(22,578)
Cash and cash equivalents at beginning of year
576,460
599,038
Cash and cash equlvalonts at and of year
574,368
576,460
11

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
Company Inforniatlon
Holland Road Baptist Church Trust is a private company limited by guarantee incorporated in England and
Wales and registered charity. number 1136471. The registered office is 71 Holland Road, Hove, East Sussex,
BN3 1JN.
1.1 Accounting conventlon
The financial ststements have been prepared in accordance with the Church's goveming document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021" The Church is a Public Benefit Entty as defined by
FRS 102.
The financi81 statements are prepared in sterling, which is the functional currency of the Church. Monetary
amounts In these financial statements are rounded to the nearest £.
The fin8ncl81 ststements have been prepared under the hlstorlcal cost convention as modlfied to ir£lude
freehold investment properties at fair value. The principal accounting policles adopted are set out below.
1.2 Golng concern
At the time of approvlng the financial statements, the Trustees have a reasonable expectation that the Church
has adequate resources to continue in operalional existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestrfcted Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives unless the funds have been designated for other purposes. These include donations and other
incoming resources receivable or generat8d for the objects of the Church without further specified purposes
whlch are available as general funds or set aside by the trustees as designated funds.
Unr
eneral..
The General fund oversees the day to day work of the Church and incorporates the missionary work d the
Church.
Legacies General - Monies from legacies not as yet allocated.
Legacies World Mission - Money set aside specifically for World Mission.
Reserve - The sum of £85,000 is set aside as a general reserve in accordance with best practice.
Restrlcted Funds
These funds are to be used for specific purposes as laid down by the donor. Expenditure that meets these
criteria is charged to the fund together with the appropriate management and support costs.
Property Fund - The property owned by the Trust other than the Church.
12-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policles (Contlnued)
1.4 Income
Income is recognised when the Church is legally entitled to it after any performance conditions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised On￿ the Church has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation.
Legacies aré recognlsed on receipt or otherwise rf the Church has been notlfied of an IM￿ndIng distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
contingent asset.
1.6 Expendlture
Resources expended are recognised in the period in which they are incurred and allocated to the particular
cost centre to which they relate, including support costs. These costs include irrecoverable VAT.
1.6 Property, plant and equlpment
Property, plant and equipment are rneasu￿d at cost, net of depreciation and any impalment losses. Details
of the individual properties are given below..
Freehold property. Church Premlses: 71 Holland Road, Hove, East Sussex
There is no record of original cost. In the opinion of the Trustees it is impractical to place a market value on
the site. The property is held on Trust by The Baptist Union Corporation as custodial Trustee.
Freehold property. 65 Holland Road, Hove, East Sussex
The Charity elected to revalue the freehold property on the date of transition to FRS 102 SORP {1 January
20151 and to use this value as the deemed cost of the property in accordance with the transitional provision
contained in section 35.10 (c) of FRS102.
Flxtur68, fittlngs and 8qulpment
Fixtures, Fittings and Equipment costing in excess of £2,500 are capitslised. All Fixtures, FittlrYJs and
Equipment are depreciated on a straight line basis over 5 years.
Depreclatlon
Freehold land is not depreciated. Freehold buildings are also not depreciated as it is the policy of the
Trustees that they be maintained to such a standard that their residual value Is not less than the carrying
value at any given time.
Land and buildings
Fixtures, fittings & equipment
not applicable
200kn straight line
The gain or loss arising on the disposal of an asset is detemiined as the difference bel￿een the sale proceeds
and the carrying value of the asset. and is recognised in the statement of financial activities.
1.7 Investment property
A freehold investment residential propety in 17 May Road, Brighton was purchased in 2021 to earn rental
income andlor capital appreciation and is shown at fair value.
1.8 Impairment of non•current assets
At each reporting end date, the Church reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (if any).
13-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcles (Contlnued)
1.9 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.10 Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequertly
measured at their settlement value. Basic financial assets include trade and other receivables and ￿sh and
bank balances. Basic financial liabilities including trade and and other payables where trade payables are
obligations to pay for goods or services that have been acquired on the ordinary course of operatior6 from
suppliers.
Basic flnanclal assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Flnancial assets classified as receivable within one year are not amortised.
Baslc financial Ilabilltles
Basic financial Ilabililies, including trade and other payables and bank loans are initially recognised at
transaclion price unless the arrangement constitutes a financing transaction, where the debt Instrument is
measured at the present value of Ihe future payments discounted st a market rate of interest. Financial
liabilities dassified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or servlces that have been acqulred in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at
transaction price and subsequently measured at amortlS8d cost using the effective interest method.
Derecognition of financial Ilabilitles
Financial liabilities are derecognised when the Church's contractual obligations expire or are discharged or
cancelled.
1.11 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the Church is demonstrably committed
to terminate the employment of an employee or to provide tennination benefits.
1.12 Retlrement beneffts
The Church contribute to the defined pension contribution scheme of certain staff. The contributions payable
for the year are charged in the Financial Statements as part of salaries.
1.13 Grant Maklng Policy
The Trust supports by the provision of financial grants to Christian organisations whose own activities are in
accordance with the Trust's objectives. The Church also supports long temi missionary partners connected
with the Church or the Baptist Union.
14-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donatlons and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestrlcted Restricted
funds
funds
2023
2023
Totsl
2024
2023
Donations and gifts
Other
518,827
518,827
443.722
443,722
12,000
12.000
518,827
518,827
443,722
12,000
455,722
Donatlons and glfts
Donations and gifts
Tax refund8
422,743
96,084
422,743
96.084
384.396
59,326
384,398
59,326
518,827
518,827
443,722
443,722
Income from charftable activltles
Unrestrlcted
funds
2024
Unrestrlcted
funds
2023
Charltable activltles
Rental Income - Cottage
Church Weekend
Rental Income - Use of premises
v￿Orld Misslon Income
8,757
9,400
7,772
1,565
22,954
3,917
5,388
18,062
41,691
Incom• from Investments
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Rental income
Interest receivable
21,342
6,871
22,205
6,911
28,213
29,118
15-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendlture on charltable actlvitles
Charltable
Charltsble
oxpenditure expenditure
2024
2023
Dlrect costs
Stsff costs
Depreciation and impairment
Pastoral expenses
Visiting speakers
Church VVeekend and conferences
P￿mISeS for parking
Outreach
Music and drama
Books and purchases
Catering
Youthwork and other
Mission Trips - Ethiopla
Training
Group Ministries
Sundries
Church equipment repairs & maintenance
Electricity, gas and water
Insurance
Repairs and Maintenance
Small Equipment
Licences and Subscriptions
Legacy expenditure (sundry)
Restore - sundry expenses
Legacy - Ethlopia and Sundry
246,187
1,518
9,250
452
2,505
1,219
1.016
2,139
743
1,867
7,712
931
1,254
4,537
3,263
4,859
17,476
11,387
58,887
1,006
2,584
446
4,968
237,623
1,518
2,080
12,080
5,281
989
2,009
1,088
2,322
8,766
19,280
2,040
1,049
3,098
4,795
15,726
10,826
31,537
1.556
2,470
125
5,961
8,356
386.206
392,535
Grant funding of activities (see note 6)
89,407
94,713
Share of 8UPPOrt and governance costs (see nots 7)
Support
Governance
69,416
8,092
70,065
5,895
553,121
563,008
Analysls by fund
Unrestricted funds
Restricted funds
553,121
551,008
12,000
553,121
563,008
16-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
Charltable
expendlture
2024
Charitable
expenditure
2023
Grants to institutions:
Christians Against Povety
General Gifts to organisations
Global Partners
Missionary
Missionary Partners
Other
21,775
500
9,420
21,009
1.428
20,827
500
11,972
17,433
6,689
54,132
57,421
Grants to individuals
35.275
37,292
89,407
94,713
Support costs allocated to actlvltles
Charftable
expendlture
2024
Total
2023
Staff costs
Telephone
Office and admlnlstration
Govemance
52,286
4,028
14,873
6,321
50,560
4.330
15,175
5,695
77,508
75,760
2024
2023
Governance costs comprlse:
Independent examination fees
Accountancy
Legal and professional
Bank Charges
Loan Interest
1,200
3,180
1,038
778
125
1,260
3,000
990
445
6,321
5.695
17-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Net movement In funds
2024
2023
The net movement in funds is stated after chargingl(crediting):
Fees payable for the independent examination of the charity's financial
ststements
Depreciation of ovffled propety, plant and equipment
1,200
1,518
1,260
1.518
Trustees
Trustees are reimbursed any expense costs directly incurred on behatf of the Church. These are not
considered material to disclose.
The aggregate donations from the Trustees to the Church during the year was £54,840 (2023'.£16,741).
Trustee Remuneratlon
The following were trustees durlng the year that received salaries and pension contributions in respect of their
work as employees of the Church as allowed within the Memorandum and Artldes of Assoclatlon.
2024
Salarles
Employer NIC
Employer Pen8lon
Contrlbutlons
D Treneer
S Walker
48,149
36,480
5,389
3,779
5,838
4,422
2023
Salarles
Employer NIC
Employer Penslon
Contrlbutlons
D Treneer
S Walker
46,323
34,800
5,137
3,547
5,610
4,252
10 Employees
The average monthly number of full and part time employees during the year was:
2024
Number
2023
Number
Direct church activities
Support
Total
12
11
18-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Employees (Continued)
Employment costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
254,837
19,310
24,326
247,978
16,472
23,733
298,473
288,183
Volunteers
The Trustees extend their thanks to numerous volunteers who give so sacrificially in both time and resource
into the vision of the Church.
There were no employees whose annual remuneration was more than £60,000.
Remunoratlon of key management personnel
The remuneration of key management personnel wa$ as follows:
2024
2023
Agg￿gate compensation
159,680
152,691
11 Net galn81{1088os) on Investments
Unrestrlctsd
funds
Total
2024
2023
Revaluation of investment properties
(25,000)
12 Taxatlon
The charty is exempt from tsxation on its activities because all its income is applied for charitable purposes.
19-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Property. plant and equlpment
Land and
bulldlngs
Flxtures.
fittings &
equipment
Totsl
Cost
At 1 January 2024
1,200,000
57,590 1,257,590
At 31 December 2024
1,200,000
57,590 1,257,590
Depreclatlon and Impalrment
At 1 January 2024
Depreciation charged in the year
53,044
1,518
53,044
1,518
At 31 December 2024
54,562
54,562
Carrylng amount
At 31 December 2024
1,200,000
3,028 1,203,028
At 31 December 2023
1,200,000
4,546 1,204,546
14 Investment property
2024
Fair value
At 1 January 2024
Net gains or losses through fair value adjustments
450,000
(25,000)
At 31 December 2024
425,000
Investment property comprises of the 17 May Road property, Brighton, East Sussex. It was revalued by
Kendrick Propety Services at 31 December 2024 resulting in the reduction of £25,000 in market value
15 Trade and other recelvable8
2024
2023
Amounts falllng due wlthln one year:
other receivables
Prepayments and accrued income
14,659
3,923
2,461
3,792
18,582
6,253
-20-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Current liabilities
2024
2023
other taxation and social security
Baptist Union Corporation Ltd (Loan)
Other payables
Accruals
5,906
3,913
566
4,380
4,368
3,913
1,757
4,200
14,765
14,238
17 Non-curr•nt Ilabllltles
2024
2023
Baptist Unlon Corporation Ltd
17,029
20,818
18 Borrowlngs Isee note 22)
2024
2023
Payable within one year
Payable after one year
(see note 16
18ee noto 17)
3,913
17,029
3,913
20,818
20,942
24,731
19 R8tlrement beneflt schemes
2024
2023
Defined contrlbutlon schemes
Charge to profit or loss In respect of defined contribution schemes
24,326
23,733
The Church operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the Church in an independently administered fund.
20 Restrlcted funds
The restricted funds of the charity comprise the unexpended balan￿$ of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
At 1 January
2024
Incoming
resources
Resources
expended
At31
December
2024
Property Fund
1,167,535
1,167,535
21

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 R8stricted funds (Contlnued)
Previous year:
At 1 January
2023
Incomlng
resources
Resources
expendod
At31
December
2023
Property Fund
Hall Flooring Fund
1,167,535
1,167,535
12,000
(12,000)
1,167,535
12,000
(12,000)
1,167,535
The Properties are stated at cost of £1,200,000 within the balance sheet. The difference of £32,465 compared
to the fund balance represents money raised through unrestricted funds.
21 Unre8trf¢tsd funds
The unrestricted funds of the charity comprlse the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At31
December
2024
At 1 January
2024
Incomlng
re80urce8
Resource8
expended
Galns and
losse8
Legacies General
Reserve fund
Lagacies World Mission
General funds
28,038
85,000
15.693
905,937
(448)
27,592
85,000
18,293
892,764
1,300
563,802
(700)
{551,975)
(25,000)
1,034,888
565,102
(553,121)
(25,000)
1,021,649
Prevlous year:
At 1 January
2023
Incomlng Resources
resources
expended
Galns and
losses
At31
December
2023
Legacies General
Resenie fund
Lagacies Vlorld Mission
General funds
36,609
85,000
24,049
925,489
(8,571)
28,038
85,000
15,693
905,937
(8,356)
(534,081)
514,529
1.071,147
514.529
(551.008)
1,034,668
-22-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
22 Analysls of nat assets between funds
Unrestrfcted
funds
2024
Restrlctsd
funds
2024
Total
2024
At 31 December 2024:
Propety, plant and equipment
Investment properties
Current assetsl(liabilities)
Long tem liabilities
35,493
425,000
578,185
(17,029)
1,167,535
1,203,028
425,000
578,185
(17,029)
1.021,649
1,167,535
2,189,184
Unrastrlcted
funds
2023
Re8trlcted
funds
2023
Total
2023
At 31 December 2023:
Property, plant and equipment
Investment properties
Current assetsl{liabilities)
Long temi liabilities
37,011
450,000
568,475
(20,818)
1,167,535
1,204,546
450,000
568,475
(20,818)
1,034,868
1,167,535
2,202,203
23 Baptlst Penslon Fund D•flclt
This is a loan from the Baptist Union to enable the Church to cover its contrlbutions for the past deficit of The
Baptist Pension Fund. The loan is repaid over a 15 year temi from 5 March 2018 with interest charged at
24 Operating lease commltments
Lessee
2024
2023
Within one year
Btheen two and five years
3,922
9.805
3,922
13,727
13,727
17.849
-23-

HOLLAND ROAD BAPTIST CHURCH TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
25 Related party trdnsactlons
There were no further related paty transactions other than disclosed in the note 9 (2023 - none).
26 Cash absorbed by operatlons
2024
2023
Deficit for the year
(13,019)
(36.479)
Adjustments for:
Investment income recognised in ststement of financial activities
Fair value gains and losses on investment properties
Depreciation and impairm8nt of property, plant and equipment
(28,213)
25,000
1,518
(29,116)
1.518
Movements In worklng capltal:
{Increase)Idecrease in trade and other receivables
Increase in trade and other payables
(12.329)
527
20,582
861
Cash absorbed by oporatlons
(26,516)
(42,634)
27 Anatysis of changes In net fund8
At 1 Janujry
2024
Ca•h IIov•3 At 31 Oecemb8r
2024
Cash at bank and In hand
576,460
(2,092)
574,368
Loans falllng due after more than one year
{20.818)
3,789
(17,029)
555,642
1,697
557,339
-24-