Faringdon Baptist Church
Trustees Annual Report (TAR) for 2024125
The Trustees present their Annual Report and financial statements for 2024125.
Charitable Object
The Charity is governed by an Approved Governing Document which states that the principal
purpose of the charity is the advancement of the Christian faith according to the principles of the
Baptist denomination to include the advancement of education, community ser4ice and such
other general charitable purposes in such parts of the United Kingdom and the world as the
Church shall determine.
The Church occupies premises which are held by the Baptist Union Corporation Ltd, on Trust
which are entirely compatible with the above object.
Organisational Structure and Decision-making processes
Members of the Church are accepted in accordance with the Constitution which requires them
to be or to have been publicly baptised on the profession of faith in Jesus Christ, or following
other modes of baptism to renew their public profession of faith in Jesus Christ.
The Members, Meeting normally takes place six times per year and has responsibility for the
overall policy of the church. In accordance with the Constitution, the member5 appoint
Trustees, who together with the Minister, Church Secretary and Treasurer (who are also
appointed by the members), and collectively known as the Leadership Team, are responsible for
the day to day running of the church's work and witness, and the financial and legal aspects of
the charity. All members are encouraged to take an appropriate part in the spiritual and
practical tasks involved in the furtherance of the charitable objective.
Relevant matters may be submitted to the Church meeting by the Trustees for guidance, or may
be raised by members in Church meetings for further consideration by the Trustees. Though the
Constitution permits decisions to be made at Church meetings by appropriate majorities, the
Church seeks to work by consensus wherever p055ible.
Objectives and Activities
In order to achieve the principal objective, which is set out above, the Church provides a variety
of activities both to its membership and to the community generally. The aim is to Show the love
of Jesus Christ in both word and deed and to bring people into a closer relationship with Christ
as living Lord.
Central to the work and witness of the Church is the provision of regular public services of
Christian worship. These services take place each Sunday at 10.30 am both in person and online.
There are also prayer meetings held both weekly and at other times which are advertised on the
Church notices and the website at www.farin
don-ba
tist.or
- There is a children's programme for
those in primary and secondary education during the morning services. The church seeks to be a
friendly and welcoming community and anybody is free to attend any of these services.
The Church runs a series of growth groups for the maturation of faith and discipleship in the homes
F3riTrgdon Bapttst Churth Trustee Annual Report
Charity number: 1138446

of some members, and further details of these can be obtained from the Trustees on request, or
at the Sunday seniices. From time to time the Church runs courses for people interested in
discovering more about Christianity.
The Church operates systems to ensure that all people working with children and vulnerable
adults are appropriately vetted with regard to the Disclosure and Barring Service. The Church
has read the Charity Commission guidance on public benefit. and is satisfied that the activities
outlined above clearly demonstrates that the charity is providing a benefit to the public.
Achievements and Performance
The Church does not measure the success of its programmes only in numbers, including
financial numbers, but also in less tangible areas like fellowship and encouragement. The
Trustees recognise that these are difficult to measure but believe that 2024/25 was a positive
year in the life of the church. It is cognisant of the changes taking place in the local community and is
exploring new avenues to pursue its mission purposes in the future with equal enthusiasm.
As always, membership and attendance has fluctuated during the year, sadly, we have had to
bid farewell to some members who have moved on however attendance on a Sunday
morning has grown slightly. On 1st March 2025 the membership stood at 54. Some members meet
regularly for prayer on a weekly basis and the 'Care and Share, group which meets during term time
on Wednesday mornings is growing. We have also celebrated three baptisms this year.
The church works with other organisations within the town of Faringdon. The Faringdon Day Centre
continue to meet here providing a lunch and support for older members of the community. 'Messy
Dads, happens on the first Saturday of each month giving space for carers and their children to meet
together with food, play and friendship and is universally popular. In addition, FAAAZE centre for
teenagers with learning disabilities use the building regularly during the week.
Financial Review
The Church continues to raise the funds which it needs to carry on its activities from within its
own membership and congregation. No wider public appeal was made for funds during the
year.
The most significant cost is the employment of a Pastor, together with the cost of providing a Manse
for the Pastor. The Pastor works to lead and co-ordinate the church's activities including the Sunday
Services, to provide pastoral care for the congregation and other people, and to equip and
encourage the membershlp In rhelr Ilfe, Chrlstlan wltness and servlce.
The Church expressed its part in the life of the wider church by making grants to national and
international Christian organisations and societies with Christian aims and objectives compatible
with the church's own charitable purpose.
The Church 15 heavily dependent on its membership working as volunteers in all aspects of the
church's activities, many of which run with little or no impact on the church's expenditure, but
nevertheless contribute substantially to the achievement of the church's objectives.
The financial results for the year, together with a summary of the accounting policies adopted
are set out in the accompanying financial statements.
Faringdon Baptist Chuich Trustee Annual Report
Charity Trumber.. 1138446

The Trustees have assessed the major risks facing the church, and are satisfied that there are policies
in place to minimise these risks.
Reference and Administrative details
Charity name
Other name the charity uses
Registered charity number
Charitvs principal address
Far?ngdon Baptist Church
NA
1138446
20 Bromsgrove
Faringdon
SN7 7JQ
Names of the charity Trustees who manage the charity
Trustee name
Dates acted rf not for
whole year
Name of person (or body)
entitled to appoint trustee
(if any)
Church membership
Church membership
Church membership
Church membership
Church membership
Church membership
Church membership
Church membership
Office (if any)
Rev. Mark Greenwood
Gemma Ashton
Michael Smedley
Richard Bolter
Andy Gathercole
Sharon Gerry
June Parrott
Dominic Bullock
Minister
Secretary
Treasurer
Elder
Elder
Elder
Trustee
Trustee
May 2021- May 2024
May 2016- May 2024
Declarations
The Trustees declare that they have approved the Trustees, report al>ove.
Signed on behalf of the charitVs Trustees:
Signature(s)
Full name(s)
Position (e.g. Secretary.
Chair. etc)
Date
ZS, 11
aa.Il.a
Faringdon Baptist Church Trustee Annual Report
Charity number.. 1138446

BAPTISTS
TOGETHER
FARINGDON BAPTIST CHURCH
FINANCIAL sfATEMENT FOR THE YEAR ENDED 28
FEBRUARY 2025
GENERAL RECEIPTS & PAYMENTS ACCOUNT
Note
General
Restricted1 2025 2024
Designated
Receipts
Regular Glving
week￿ offerings
Donations and irther incwie
Inc(xme tsx recovere)J on
gifts
Investr￿t inccwne
Rents and contributi¢Ms for
use of premises (incl Manse)
Raised f(￿ other causes
54.589
2,341
6.182
13.726
54,589
2,341
31,182
19,976
44,402
1.505
20,474
11,666
25,000
6.250
659
3.825
3,778
4,437
3.825
5,622
9,383
225
225
258
Total Receipts
81.547
35.028
116,575
93,310
Payments
Ministry
Mission
Upkeep of church premises
(excluding
extra-ordinary
repairs)
Administrati(￿*
44,686
17,087
14,120
44,686
17,087
14,120
25,293
14,183
15.145
2,641
2,641
2,791
Total Payments
78,534
78,534
57,412
Net
receipts
(payments) for the year
3,013
35,028
38,041
35,898
Extra<Kdinary repairs
Incw* in value of manse
Net (deficit)Isurplus for
the year
20,514
7,500
(io,ooi)
20,514
7,500
25,027 (19,842)
55,740
35,028
Cash balano at previous
year end
Add
cash
r￿eIpts/{paYrnents) for the
year
Chdnge in current a55&51
liabilit￿5
Cash balance at current
year end
66,145
165,793 231,938 249,545
(io,ooi)
35,028
25,027 119,8421
(13,190)
(13,190)
2,235
42,954
200,821 243,775 231,938
Page1 of5

srATEMENT OF ASSEfs AND LIABILITES AT 29 FEBRUARY 2025
Note General Restrictedl
Designated
2025
2024
Assets
Bank and other cash ￿L￿nceS
Santander Bank kcount
BUC depc6rt acccwnt
Other mnetsry assets:
Debtors
Grft aid claimed but nc* received
Assets Held for Church's own use
13,371
29,583
31.250
169,571
44.621
37,221
199,154 194,717
738
13,443
382,500
439,635
738
4.064
13,443
5,884
382,500 375,000
200,821 640,456 616,886
Total Asgets
Llabllltles
Current tiabilities
Pension Scheme liats'lity
Total Liabilities
io
1,921
1,921
3,378
li
1,921
1,921
3,378
437,714
200,821 638,535 613,508
Reserves at l March
Net surplus for the year r￿elpts3nd paymemts
account
Reserves at 28 February (29 February 2025)
447,715
{io,ooii
165,793 613,508 633,350
35,028
25,027 (19,842)
437.714
200,821 638,535 613,508
The ￿nts and stat￿ent of assets and liabilities set out on pages rdating to the year ending 28
Febiuaiy 2025 are as appi
e itu&ees and have btrn indeP￿dentlY ceJtified.
Signed.........................................
Michael Smedley
Treasurer authorised to sign on tEhalf of all trustees)
Date.......
1.s/s/2f.. .....
Signed......J.D..?.bL. okn............................................
InderEndent Examiner
Page2ofS

NOTES TO THE ACCOUNTS
l. Basis of accounts
These acc(￿nts have been prepar￿1 ￿ a 'r￿ipts and payments. basis and in ￿l¥danCe wrth Settion
133 Charrties Att 2011.
2.Donations and other incDme
2025
30,680
502
31.182
2024
5,828
14,646
20,474
Donations l Gift5
Legaaes
Total Donations and Other Income
3.Investment income
2025
2024
Bank interest (BU Deposit acccrtjnt)
Total Investment Income
4,437
4,437
5,622
5,622
4.Raised for Other causes
2025
2024
Total Raise(I for Other causes
225
258
5.Ministry
2025
2024
Ministerfs stipend
pensh￿ contribution
NatK)nal insurancel PAYE
Ministerfs expenses
Manse running costs
Other ministry Costs [incl. M(Klerat(y)
Total Ministsv
22,195
6,559
5,272
2,706
7,766
188
44,686
7,336
1,603
1,225
1,196
12JJ99
1,334
25,293
The Minister &ts as cme of the church's truth and receives rem￿n￿ation and other benefits in reSp￿t
of their se￿￿eS as Minister, including the provisicm of man* acc(Mnm(xJatiC￿, owned by the church.
Page3ofS

6.Mission
2025
2024
Hospitalty
Events and Outreach
Hc*ne Mission
BMS w￿ld Mission
Wycllffe
SYFC
ArshadlPakn"stan
Just Love
Other gifts
Total Misston
289
5,833
3,900
2,700
2,400
240
(9601
2.400
285
17,087
2,915
3,900
2,700
2,400
240
1200
828
14,183
7. Upkeep of church premlses
2025
2024
Repairs and maintenan
Utilities
Insuran
Total Upkeep of thurch premises
8,190
4,253
1,677
14,120
5,421
8,003
1,721
15,145
8.Administration
2025
2024
Equipment, telephone and potye
Bwks and Training
SubScript￿nS, website & LI￿￿e fees
Misc.IOther administrati
Total Admlnlstratlon
481
50
2,078
32
2,641
667
324
1,392
408
2,791
9.Assets Held for the Church's own use
The church is the benef￿￿[ own& (sUbJ￿t to the rd&*ant trusts) of the following assets, the I￿jaI title to
which is hdd by the church's cu*cdian tnjstee.
Church pranises at Brcmsgrove, Faringdon. It has be￿ the traditM)n of the church to value this
asset at £0.
Church manse at 13 Bemws Way, Faringd(m valued at 382,500 based on 2Yo uplift in value.
The church a19) owns an or￿inal Chain￿ John Bunyan bible and Oth￿ historic dc£uments that are
held on trust by Regents College, Oxford. The value of these has not be￿ included in the accounts.
Page4of5

10. Current Liabilities
2025
2024
El￿tr￿ty billal but not ￿ pakj
ch￿UeS written nsx cash
PAYE kkiyab
Council tax payable
Otliei cuiieiil l￿bilItie1 - re5trttsl gift5 ￿Vable to charltles
Total Current Liabilities
450
500
240
854
824
960
3,378
1,140
331
1.921
11. Pension Scheme Liabilities
The Church is a participating employer in the Baptist Pension Scheme ￿he Schane?, which is a separate
gal entity administerLryi by the Pension Trustee (Bapts'st Pension Trust Limited). The Sch8ne, previously
known as the Baptist Ministers Pensi(M Fund, started in 1925. At the I￿gInnIng of the financial year, the
scheme compri58J of a defsned beneftts sthpJne which was c105ed to fytu￿ accrual on 31 D￿lber 2011
and a defined contribution p&n which was open8J in January 2012. The assets of the Schane are hdd
separately from those of the Employer and the other participabng ￿plOYerS.
For the current financial year, the pension provision for members of the Schane is being made through the
Defined Contribution (DC) Plan. In general, M￿nt￿5 pay 8 % of their PensM)nable InccKne and employers
pay 6010 of M￿nI￿r5, Pensionable Inc£￿ into individual p￿51(￿ accounts, which are operat&J and
n17nag￿l on behalf of the Pensi￿ Trustee by BrcK7d5t￿e Cwjrate Benefits Ltd. In addition, the employex
pays a further 4Wo of Pensicmable Inc￿ to cover Death in servi￿ Benefts, administration costs, and an
asS￿lated insurance pK)licy which provides inccme prrtectK)n for SCh￿ne M￿berS if they are unable to
work due to long-term incapacty. This income prot&tion tolicy ha5 b￿n insur& by the Baptrst Union of
Great Brrtain with Aviva Limited. Furthermore, rn￿berS of the Basic S&tion pay r￿luC￿l contributions of
5% of Pensionable Inc(Nne, and their anpbyers also pay a trtal of 5 % .
In Ottober 2024, the insurance c(xnpany Just Gr(yJp c(xnpknAI a buy cwt of the liabilities of the closed
defineNJ benefrt sch8me. From that date any rmining liability of the partlcipatlng scheme members to the
defined bpnefft scheme teas￿1 and the £1 month deficit contributiLWS payable by the participating
ployers whtch were agr￿ in the ￿ery plan approv& in August 2022 also Ceas￿ fr￿n that date.
Administratton of the dowl defined benefft scheme transferral from the pension trust￿ to Just Group
fr(Nn that date.
The Minister is efigible to join the Scheme.
tlon 28. IIA of FRS 102 requlres agreed defiot r&overy payments to be ￿CrfJn1Sed as a Ilabillty. The
present value of the agreed deficit contributions were immaterial at the beginning of the financial year and
were fully extinguished the buy out was ccffnplLXed by Just Gr(￿p in October 2024.
12. Funds fomiing part of the festricted & designated funds
The Future Fund. £84,671. The Future Fund is being held for possible use for major development of the
Bromsgfove premises or the acquisition ofother premises unless or until a Special Church Meeting
olherwise re8olve3. This sum indude8 interest that is attributable to the sum held.
The John Colllgan Legacy Fund.. £84,9CM). The Special Church Meeting of 281h November 2019 resolved
that the money from this legacy, both capital and income. cLJuld be used for the general purposes of the
Church. Consideralion is being given as lo whether it is more appropriate for a particular purpose to be
ratxrded. This sum includes interest that is attributable to the sum held.
Fund for Children's Iyouth Worker. £31.250. This is a sum held from Gifts where the request was that
the sum slK)uld specifically support work with Childr8n and Young people.
Page5of6

BAPTISTS
TOGETHER
FARINGDON BAPTIST CHURCH
FINANCIAL sfATEMENT FOR THE YEAR ENDED 28
FEBRUARY 2025
GENERAL RECEIPTS & PAYMENTS ACCOUNT
Note
General
Restricted1 2025 2024
Designated
Receipts
Regular Glving
week￿ offerings
Donations and irther incwie
Inc(xme tsx recovere)J on
gifts
Investr￿t inccwne
Rents and contributi¢Ms for
use of premises (incl Manse)
Raised f(￿ other causes
54.589
2,341
6.182
13.726
54,589
2,341
31,182
19,976
44,402
1.505
20,474
11,666
25,000
6.250
659
3.825
3,778
4,437
3.825
5,622
9,383
225
225
258
Total Receipts
81.547
35.028
116,575
93,310
Payments
Ministry
Mission
Upkeep of church premises
(excluding
extra-ordinary
repairs)
Administrati(￿*
44,686
17,087
14,120
44,686
17,087
14,120
25,293
14,183
15.145
2,641
2,641
2,791
Total Payments
78,534
78,534
57,412
Net
receipts
(payments) for the year
3,013
35,028
38,041
35,898
Extra<Kdinary repairs
Incw* in value of manse
Net (deficit)Isurplus for
the year
20,514
7,500
(io,ooi)
20,514
7,500
25,027 (19,842)
55,740
35,028
Cash balano at previous
year end
Add
cash
r￿eIpts/{paYrnents) for the
year
Chdnge in current a55&51
liabilit￿5
Cash balance at current
year end
66,145
165,793 231,938 249,545
(io,ooi)
35,028
25,027 119,8421
(13,190)
(13,190)
2,235
42,954
200,821 243,775 231,938
Page1 of5

srATEMENT OF ASSEfs AND LIABILITES AT 29 FEBRUARY 2025
Note General Restrictedl
Designated
2025
2024
Assets
Bank and other cash ￿L￿nceS
Santander Bank kcount
BUC depc6rt acccwnt
Other mnetsry assets:
Debtors
Grft aid claimed but nc* received
Assets Held for Church's own use
13,371
29,583
31.250
169,571
44.621
37,221
199,154 194,717
738
13,443
382,500
439,635
738
4.064
13,443
5,884
382,500 375,000
200,821 640,456 616,886
Total Asgets
Llabllltles
Current tiabilities
Pension Scheme liats'lity
Total Liabilities
io
1,921
1,921
3,378
li
1,921
1,921
3,378
437,714
200,821 638,535 613,508
Reserves at l March
Net surplus for the year r￿elpts3nd paymemts
account
Reserves at 28 February (29 February 2025)
447,715
{io,ooii
165,793 613,508 633,350
35,028
25,027 (19,842)
437.714
200,821 638,535 613,508
The ￿nts and stat￿ent of assets and liabilities set out on pages rdating to the year ending 28
Febiuaiy 2025 are as appi
e itu&ees and have btrn indeP￿dentlY ceJtified.
Signed.........................................
Michael Smedley
Treasurer authorised to sign on tEhalf of all trustees)
Date.......
1.s/s/2f.. .....
Signed......J.D..?.bL. okn............................................
InderEndent Examiner
Page2ofS

NOTES TO THE ACCOUNTS
l. Basis of accounts
These acc(￿nts have been prepar￿1 ￿ a 'r￿ipts and payments. basis and in ￿l¥danCe wrth Settion
133 Charrties Att 2011.
2.Donations and other incDme
2025
30,680
502
31.182
2024
5,828
14,646
20,474
Donations l Gift5
Legaaes
Total Donations and Other Income
3.Investment income
2025
2024
Bank interest (BU Deposit acccrtjnt)
Total Investment Income
4,437
4,437
5,622
5,622
4.Raised for Other causes
2025
2024
Total Raise(I for Other causes
225
258
5.Ministry
2025
2024
Ministerfs stipend
pensh￿ contribution
NatK)nal insurancel PAYE
Ministerfs expenses
Manse running costs
Other ministry Costs [incl. M(Klerat(y)
Total Ministsv
22,195
6,559
5,272
2,706
7,766
188
44,686
7,336
1,603
1,225
1,196
12JJ99
1,334
25,293
The Minister &ts as cme of the church's truth and receives rem￿n￿ation and other benefits in reSp￿t
of their se￿￿eS as Minister, including the provisicm of man* acc(Mnm(xJatiC￿, owned by the church.
Page3ofS

6.Mission
2025
2024
Hospitalty
Events and Outreach
Hc*ne Mission
BMS w￿ld Mission
Wycllffe
SYFC
ArshadlPakn"stan
Just Love
Other gifts
Total Misston
289
5,833
3,900
2,700
2,400
240
(9601
2.400
285
17,087
2,915
3,900
2,700
2,400
240
1200
828
14,183
7. Upkeep of church premlses
2025
2024
Repairs and maintenan
Utilities
Insuran
Total Upkeep of thurch premises
8,190
4,253
1,677
14,120
5,421
8,003
1,721
15,145
8.Administration
2025
2024
Equipment, telephone and potye
Bwks and Training
SubScript￿nS, website & LI￿￿e fees
Misc.IOther administrati
Total Admlnlstratlon
481
50
2,078
32
2,641
667
324
1,392
408
2,791
9.Assets Held for the Church's own use
The church is the benef￿￿[ own& (sUbJ￿t to the rd&*ant trusts) of the following assets, the I￿jaI title to
which is hdd by the church's cu*cdian tnjstee.
Church pranises at Brcmsgrove, Faringdon. It has be￿ the traditM)n of the church to value this
asset at £0.
Church manse at 13 Bemws Way, Faringd(m valued at 382,500 based on 2Yo uplift in value.
The church a19) owns an or￿inal Chain￿ John Bunyan bible and Oth￿ historic dc£uments that are
held on trust by Regents College, Oxford. The value of these has not be￿ included in the accounts.
Page4of5

10. Current Liabilities
2025
2024
El￿tr￿ty billal but not ￿ pakj
ch￿UeS written nsx cash
PAYE kkiyab
Council tax payable
Otliei cuiieiil l￿bilItie1 - re5trttsl gift5 ￿Vable to charltles
Total Current Liabilities
450
500
240
854
824
960
3,378
1,140
331
1.921
11. Pension Scheme Liabilities
The Church is a participating employer in the Baptist Pension Scheme ￿he Schane?, which is a separate
gal entity administerLryi by the Pension Trustee (Bapts'st Pension Trust Limited). The Sch8ne, previously
known as the Baptist Ministers Pensi(M Fund, started in 1925. At the I￿gInnIng of the financial year, the
scheme compri58J of a defsned beneftts sthpJne which was c105ed to fytu￿ accrual on 31 D￿lber 2011
and a defined contribution p&n which was open8J in January 2012. The assets of the Schane are hdd
separately from those of the Employer and the other participabng ￿plOYerS.
For the current financial year, the pension provision for members of the Schane is being made through the
Defined Contribution (DC) Plan. In general, M￿nt￿5 pay 8 % of their PensM)nable InccKne and employers
pay 6010 of M￿nI￿r5, Pensionable Inc£￿ into individual p￿51(￿ accounts, which are operat&J and
n17nag￿l on behalf of the Pensi￿ Trustee by BrcK7d5t￿e Cwjrate Benefits Ltd. In addition, the employex
pays a further 4Wo of Pensicmable Inc￿ to cover Death in servi￿ Benefts, administration costs, and an
asS￿lated insurance pK)licy which provides inccme prrtectK)n for SCh￿ne M￿berS if they are unable to
work due to long-term incapacty. This income prot&tion tolicy ha5 b￿n insur& by the Baptrst Union of
Great Brrtain with Aviva Limited. Furthermore, rn￿berS of the Basic S&tion pay r￿luC￿l contributions of
5% of Pensionable Inc(Nne, and their anpbyers also pay a trtal of 5 % .
In Ottober 2024, the insurance c(xnpany Just Gr(yJp c(xnpknAI a buy cwt of the liabilities of the closed
defineNJ benefrt sch8me. From that date any rmining liability of the partlcipatlng scheme members to the
defined bpnefft scheme teas￿1 and the £1 month deficit contributiLWS payable by the participating
ployers whtch were agr￿ in the ￿ery plan approv& in August 2022 also Ceas￿ fr￿n that date.
Administratton of the dowl defined benefft scheme transferral from the pension trust￿ to Just Group
fr(Nn that date.
The Minister is efigible to join the Scheme.
tlon 28. IIA of FRS 102 requlres agreed defiot r&overy payments to be ￿CrfJn1Sed as a Ilabillty. The
present value of the agreed deficit contributions were immaterial at the beginning of the financial year and
were fully extinguished the buy out was ccffnplLXed by Just Gr(￿p in October 2024.
12. Funds fomiing part of the festricted & designated funds
The Future Fund. £84,671. The Future Fund is being held for possible use for major development of the
Bromsgfove premises or the acquisition ofother premises unless or until a Special Church Meeting
olherwise re8olve3. This sum indude8 interest that is attributable to the sum held.
The John Colllgan Legacy Fund.. £84,9CM). The Special Church Meeting of 281h November 2019 resolved
that the money from this legacy, both capital and income. cLJuld be used for the general purposes of the
Church. Consideralion is being given as lo whether it is more appropriate for a particular purpose to be
ratxrded. This sum includes interest that is attributable to the sum held.
Fund for Children's Iyouth Worker. £31.250. This is a sum held from Gifts where the request was that
the sum slK)uld specifically support work with Childr8n and Young people.
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