Limes Avenue Baptist Church LIMESAVENUE BAPTIST CHURCH ANNUAL REPORT 2022/23 Love the gospel. live the gospel. share the gospel NAME The charity is known as Limes Avenue Baptist Church. RE TERED TAT The Church operates as a registered charity. The Charity Commission Registration Number is 1140574. Address of the Church is Limes Avenue, Aylesbury, Buckinghamshire, HP217HE. The Trustees during the period 1 st April 2022 to 31 st March 2023 were: Mr Paul Brown Mr Keith Charlton Mr Ajith Ajithiran Mr Keith Sullivan Mr lan Woodward Mr Martin Simpson Mr James Charlton Mr Leroy Wint STRUCTURE GOVERNANCE AND MANAGEMENT The Elders and Deacons form the Leadership Team of the Church. Elders are appointed by the Church Members. with no limit to their term of service. Matthew Benton was appointed as an Elder on 1 August 2015 and as Pastor on 24th April 2017. Paul Brown has been an Elder of Limes Avenue Baptist Church for many years. Thomas c0ppe￿heat was appointed as an Elder in May 2016 and as Assistant Pastor in April 2017. In October 2021 the church appointed Thomas to continue as Assistant Pastor, replacing his 5 year contract with a full term contract. Keith Charlton was appointed to the eldership in 2018. Deacons are appointed by the Church Members at the Annual General Meeting to serve a period of three years. Deacons may stand for more than one period of office. Keith Sullivan and Leroy Wint were re-elected in 2021. lan Woodward. James Charlton, Martin Simpson and AJ"ith Ajithiran were re-elected as Deacons in 2022. lan Woodward has transitioned to the role of Treasurer since April 2021. He is assisted in that role by the church administrator Lynne Boyi and continues also to have the aid of the previous treasurer Tim Storey. There is no upper limit to the number of Elders or Deacons who can be appointed. The Elders generally meet fortnightly although this has been less over this past year due to increased Elders and Deacons meetings. During the COVID pandemic the Elders and Deacons began meeting on a monthly basis rather than bi-monthly as before. This past year. we have spilt these meeting into Trustee meetings and elders and deacons meeting, they altemate on a month on month basis, with a break in August. The quarterly Church members, meetings and Annual General Meeting have reverted to in person meetings rather than on zoom as they were during the pandemic. However we do make provision for members to view the meeting via zoom if they are not able to attend in person. New members are admitted to Ihe membership of the Church after interview and baptism by immersion upon confession of faith in the Lord Jesus Christ. All Members are entitled to attend the Church Meetings, but voting restrictions may apply to Members for various reasons including inability to worship regulady at the Sunday Services. GOVERNING DOCUMENT The Church is governed by its Handbook which was updated. approved and re- issued in 2019. This sets out= The Church Constitution Information- who we are Affirmation - what we believe (Articles of Faith) Regulation - how we conduct ourselves (Church Rules) Organisation- how we operate in daily church life. The document sets out how the Church govems itself in accordan￿ with Biblical and legal requirements. APP INTMENT FTR TEE Trustees are appointed from within the Elders and Deacons. All the elders and deacons serve as trustees apart from those who are also employed by the church. AUTHORITY TO APPOINT TRUSTEES Only the Church Members. meeting in formal session, have the right to appoint Pastors, Elders and Deacons. which may confer on them the duty of Trustee. No one outside the Church has the right to appoint Trustees. VE ANDA The principal objective of Limes Avenue Baptist Church is to glorify God through the advancement of the Christian faith according to Baptist principles and in accordance with the Basis of Faith. This objective is pursued through the individual and corporate lives of members. The church is a group of individuals drawn together through the work of the gospel of Jesus Christ. Into this gospel church members have been saved. As such we are those who seek to love the gospel, live the gospel and share the gospel with others. As a corporate body, the Church seeks to encourage and enable individuals to honour and serve Christ in every area of daily life. As individual Christians, Church Members seek to build up and strengthen the Church through their daily work and witness, both independently and through corporate activity. During this past financial year, many of the regular activities of the church resumed fully having being curtailed due to the COVID pandemic. When we have not been able to meet in person many of our regular meetings have happened online using Zoom and YouTube. The challenges of this past year for people due to the cost of living have meant opportunities for us to show care to one another and also those outside the church in practical ways. The principal activities of the Church are- Public corporate worship, including ihe preaching and teaching of the Bible according io Reformed Evangelical doctrines. Public meetings for prayer and Bible study. Promotion of private prayer and Bible study Public witness through the holding of Worship Services on church premises, open air ministry, facility of a church websile and other activities. Evangelism among children and young people, by the provision of Bible teaching and social activities. Evangelism among the elderly. by the provision of Bible teaching and social activities. Evangelism among other groups, by the provision of Bible teaching. social activities. education and training in relevant topics. and the provision of social care for pre-school children. Provision of pastoral care and support for Church Members, and people associated with the Church. based on Biblical principles, Christian care. and practical social care. Maintenance of the premises at Limes Avenue as a place for public worship and as a centre for other Christian work and witness. in support of the other objectives. Promotion of the world-wide proclamation of the Gospel of Christ. through membership of appropriate organisations, and support of organisations and individuals involved in evangelism. biblical teaching and provision of spiritual and social care. Limes Avenue Baptist Church aims to provide public benefit through the advancement of the Christian Religion, in accordance with Refomied Evangelical theology, and through the various activities highlighted above. The main geographical area of activity will be Aylesbury and its immediate surrounding environs. However, Limes Avenue Baptist Church believes in global mission, in accordance with the command of Jesus Christ in Matthew 28.19-20. We will therefore provide support to Members, other individuals and organisations, as resources permit, where such individuals and organisations are seen as sympathetic to our theological position and are themselves engaged in the promotion of the Christian Religion. The Leadership Team are responsible for ensuring that benefit is maximised having regard to available resources and according to perceived need, and initiates new programmes and activities. or terniinates existing programmes and activities accordingly. In seeking to provide public benefit, Limes Avenue Baptist Church recognises that benefits might only emerge over a lengthy period of investment in an activity or organisation. The Leadership Team seeks to ensure that no individual, or section of the local community, is unreasonably excluded from deriving personal benefit from appropriate activities. Matthew Benton ORGANISATIONAL AFFILIATIONS AND SUPPORT The Church continues to be affiliated at various levels with the Grace Baptist Mission (GBM), the Grace Baptist Assembly. the Grace Baptist Trust Corporation. the Association of Grace Baptist Churches (South East) (AGBC(SE)) and in particular with the local expression of that body as the North-west District. The Church is also a member of Affinity. We continue to support various missions, as recorded in the Church report. Matthew Benton RISK Overall Risk Management responsibility resides with the Trustees. The main risks are associated with the care of children and vulnerable adults. Limes Avenue Baptist Church is a member of ThirtyOne:eight fomierty known as Churches, Child Protection Advisory Service (CCPAS), and continually develops policies to address these risks based on Ihose policies prOdU￿d by CCPAS. All key workers involved in working with children hold appropriate CRB I DBS assessments. The charity did not experience any serious incidents or other matters that should have been brought to the attention of the Charity Commission. Property related risks are managed on a day to day basis with the Leadership Team receiving regular reports on property related issues. Fire Risk assessments are undertaken as appropriate. In line with Government guidance. the church has included in its risk assessment steps to minimise the risk of the spread of COVID through the activities of the church. particularly in relation to the use of the building. This has been very much a live document, changing in line with Govemment advice and legislation for places of worship. Financial risk is managed through the maintenance of appropriate financial reserves, and the reserve levels are monitored by the Leadership Team. Responsibility for maintaining our Refomied Evangelical theological position lies firstly with the Eldership who are primarily responsible for spiritual oversight. The Eldership is ultimately accountable to the Church membership. Matthew Benton CHURCH REPORT The mission of LABC is to love the gospel, live the gospel and share the gospel. This mission underpins our worship, fellowship, teaching. service and evangelism. In April 2022 we were just seeing the last of the government restrictions related to the COVID-19 pandemic being relaxed. Consequently, this past year has given opportunity to restart some activities and to begin some new initiatives. Through this year, as a church family, we have sought to fulfil our calling to be witnesses for Christ even in the midst of trials. our weaknesses and failings. We have, as a church family. known times of joy and times of sadness, times of encouragement and times of disappointment but the Lord has been with us. We have endeavoured to support those in need with spiritual and practical care. We trust we have faithfully served our Lord and the community in which He has placed us. ND The main gathering of the week is on Sundays. One of the impacts of the COVID pandemic for many was realising how easily we take for granted the blessing of gathering as a church family. So being able to gather freely again we have enjoyed meeting together, singing God's praise, bringing our needs to him in prayer, hearing from his Word and sharing the Lord's supper. We have been encouraged as God has spoken to us as a church through this year through the Bible. At the beginning of April we finished going through Matthew's gospel. We have also studied Ecclesiastes, Romans, Acts and begun a series in Revelation. We also ran a series on Sunday evenings addressing questions that people have about how the issues in society today relate to our Faith. We have continued to offer a programme for children during the moming service consisting of two Sunday school classes for primary age children and a creche for those below school age. Last year we began a monthly all-age prayer meeting on a Sunday afternoon at 4pm, instead of the evening service, and we have continued this pattern over the course of this year. The service draws people of different ages from children to seniors, to pray and worship and fellowship together. The service is nomially around 45 minutes followed by tea and toast together. This year we have begun a pattern that every other month we focus on leaming and praying for the spread of the gospel around the wodd. Over this past year, we have had quite a number of new people join us on a Sunday morning, for which we are thankful. In mid-march of this year, we held a membership lunch after a Sunday morning service. The purpose of the lunch was to enable folk to meet others in the life of the church and to hear about how the church functions. On the back of this lunch a number of people have inquired about baptism and church membership. We hope to welcome them into membership over the coming year. MIDWEEK at LABC One of the great blessings for the church during the pandemic was the way home groups could continue to meet over Zoom. It was wonderful to have the opportunity to connect with a small group of members from the church and to pray for one another. This was a particular encouragement during the periods of lockdown. As we emerged last year from the restrictions and got back into the pattern of meeting in people's homes. understandably. some were more hesitate to return to this. The result was that in eady summer of this year we felt that home groups were becoming a bit disjointed with attendance varying widely across the groups and from week to week. Consequently, we thought it wise to re-launch home groups this past autumn. While some stayed in the same groups. many moved to different groups and some who had not been attending home group joined. We have also varied the start time of some of the home groups to meet different needs. We currently have two daytime home groups. and two that meet early evening, include food and facilitate family's bring children along. Three others meet on a Wednesday evening. While such changes always come with some teething difficulties, we have been encouraged by the way these groups have started and the sense of sharing life together that it has encouraged. The last activity to restart following Ihe pandemic was our mums and toddler group, Little Limes. This restarted in the summer temi of 2022 and has been popular from the outset. It is regulady close to capacity in temis of the number of mums and children that we can have attend. The other main change this past year in terms of the regular mid-week activities is that the fortnightly ladies Bible study, WOW, and a group for mum's with young children that began during Ihe pandemic have merged. This has been met wilh much enthusiasm, the ladies have enjoyed Ihe variety of ages and experiences represented. It has also been good to see the pattern seen in the Bible of those younger learning from those older working out in this area of church life. The work aimed at senior folk, Tuesday Fellowship, that meets on a Tuesday afternoon has continued. During the late autumn and winter months this was followed by using the church as a warm spa￿. We wanted to use our facilities as a place where people might gather and be warni particularty in the light of higher energy prices. On Wednesdays when it is not home group. the ￿ntral prayer meeting has continued. Particularly over the last six months there has been excellent attendance and a renewed sense of the importance of corporate prayer for the health of the church. Our ministry to church families, Wayfinders, has continued with a monthly meeting where we meet together as families to eat, to have fun and to learn together what it means to grow together in our knowledge of God. Then on the other weeks we have activities aimed at the children; games. singing. looking together at the Bible, which is run by the parents. It has been good to see the way this has strengthened friendships among children and their parents. In September, a trip was organised for Wayfinder families. along with a few other church members to Foundation Matters, an organisation in Derbyshire which has a ministry particularly through outdoor activities to young people. Families enjoyed a taste of the activities, some teaching and excellent food. OUTREACH Beyond the regular ministry of the church we have looked to create other opportunities to share with others the news of the Lord Jesus. In June, we used the Queen's Jubilee as an opportunity, by having a special service on the Sunday followed by a party in the church garden, as part of the country's Jubilee weekend celebrations. We also put on a number of events at Christmas time. In what has now become a bit of a neighbourhood tradition, we held our community carols event in the car park of the church. We served hot punch and hot dogs and sang carols. Lots of people from the neighbourhood and families from the preschool attended. We also had a scratch nativity where children came dressed as characters from the nativity and we acted out the story. Alongside these events we had services on Christmas Eve and Christmas Day. At all these events we had visitors from outside the church. The other way in which we have sought to reach out to the community is by supporting people through our pop-up food bank. The initiative was started in the summer as a way of the church family caring for one another by leaving non- perishable food items at the church for others to take and use as they had need. In the autumn we sought to extend this to providing for emergencies in the wider community. We have been able to support a number of individuals and families locally. A number of folk in the church volunteered to deliver food parcels which is of particular benefit for those who have limited mobility. We have also been able to continue our contact with local primary schools. The assistant pastor has had a number of opportunities with assemblies and in October we had one school visit to leam about Christian worship. PRESCHOOL Throughout this past year our Otsted inspected preschool which strives to support children in early years in their development and learning, remained open. Alongside the Early Years Foundation Stage Statuary Framework the Pre-school ministry introduces the children to the love of Jesus. Topics covered this year 'God's colourful creation, God made me and the good samaritan. Over the past year there has been a rise in admissions which has been encouraging. A particular emphasis has been to invite parents to join in with preschool activities. Pre-school has invited parents into Pre-school to celebrate Christmas, Easter and the End of Year celebration l Graduation. All these events have been well attended. At the beginning of April the pre-school added a new member of staff to the team. Heidi Wright. She currently works just in the momings but it has been great to have her enthusiasm and creativity. In the summer the deputy leader, Madeline completed her training course. The Preschool has also been wonderfully supported by a number of volunteers who come in to help with stories, singing and craft and not least those who fom the Preschool committee to ensure things run in good order. The staff are so thankful for those who give so freely of their time. SUPPORTING OTHER CHURCHES AND MISSION ORGANISATIONS. The church has continued its links with other churches in our association as well as its support to missionary work in various countries. After a break because of lockdown, we restarted the training men programme Ihal we have been running with other churches bi-monthly on a Saturday moming. We have also joined with district churches to pray. We have continued to support a number of missionaries as they seek to share of God's love in different parts of Ihe world. Our harvest offering was given to the work of Noor Ministries in Pakistan. Our Christmas offering was used to support the work of EMF in supporting families in Ukraine. At harvest and Christmas we also invited folk to make specific contributions lo our food bank. OTHER MATTERS This past year has seen the church take further steps in the plans for an extension and refurbishments to part of our building. Plans have been fimied up and after a consultation period with neighbours planning pemiission was submitted in January. We had hoped to begin the project in the summer of 2023 but given delays with planning pennission we are now hoping to start building work in the summer of 2024. Also of significance to the mission and ministry of the church has been work on our church website. While the previous website was functional, it had begun to look a bit dated. In the autumn a new website was launched and is now able to be managed on a week by week basis by our administrator. We have continued to ensure the church is GDPR compliant and completed the yearly audit. As church life has retumed to a more normal rhythm, following the years of the pandemic, we have needed more people to serve in different ministries. Much of this has been through the willingness of volunteers to give of their time in order that these activities are run effectively and adhere to the requirements for the safeguarding of all. We are ever so thankful for all these volunteers. "Thank you." Matthew Benton lans for 202312 As we look ahead to the coming year, we trust we will continue to have opportunities to fulfil the mission of the church and to reach the community in which God has placed us. We also look to the Lord to guide and mature His people through the coming year. One particular hope. is that we can provide a ministry to help and encourage our young teenagers on a Sunday moming. We are looking to starl a group during the second-half of the moming service in the autumn. The aim is to help those young people to understand, not only the relevance of the message of Jesus in an ever changing world, but also the joy, peace and security it is to know Jesus. On an eldership front, we are anticipating, Paul Brown, who has faithfully served as an elder for many years, to be stepping down. It is our longing that during the coming year there might be others to take his place on the eldership. We also hope that this year will see some significant steps taken in our building redevelopment plan. Matthew Benton ## **Finance Team** ## **Financial Review** ## **Fundraising** It is the belief of this Church that the responsibility of funding the activities of the Church rests with the members. Consequently we do not make public appeals, or undertake street collections, or telephone appeals to raise funds. Details of the Church expenses are shared with the Church on a quarterly basis and therefore the members are encouraged to give according to how the Lord prompts. In some cases the congregation is encouraged to give to a specific cause, e.g. at harvest or at Christmas. In the case of Pre-school, the funding is via the Government grants and also the parents pay for their children to attend a number of sessions that are not paid for by the Government. ## **Performance for 2022-23** The year 2022-23 has shown a continued financial stability. With income for both pre-school and general remaining the similar to the prior year. Mission income reduced as a result of giving for Harvest and Christmas being lower than the prior year. Expenditure was generally in line with the prior year. The charity continues to have a more than a healthy surplus with £272,966 of unrestricted funds and £153,670 of restricted funds available with expenditure in the year of £144,857 on the Church general fund, £46,858 for the pre-school and £1,282 for the TOFS. We continued to support financially the following organisations: Association of Grace Baptist Churches (South East), Home Mission, 100fold, United Beach Mission, and Jason and Andrea Murfitt as they work in Madeira. ## **Reserves** The Church continues to maintain reserves against our regular expenditure. In addition, reserves are available separately for projected future building developments and in relation to various legacies given to the church over the years. We are grateful to God for additions to these funds. **----- Start of picture text -----**
Fund Type Reserves
Pre-school Restricted 10,296
TOFS Restricted 1,807
Building Restricted 133,578
Other Restricted 7,989
General Unrestricted 32,379
Legacy Unrestricted 240,586
**----- End of picture text -----**
The Church premises, and the manse at 75 Limes Avenue, are owned by Grace Baptist Charities Ltd. However, the church is responsible for the maintenance of these properties. ## **Plans for 2023/24** As we have budgeted for the coming financial year we have anticipated increased spending on both the church building and manse in terms of maintenance and renovations. We will continue to support the Church in the use of literature to reach out and disciple those who are connected with the Church. The Church voted on changes to the building and we will continue to mature these plans working with professionals to bring about a revised scheme for planning. ## **Limes ABC Pre-school Financial Performance 2022/23** The pre-school financial position improved over the course of the year but it shows only a slight profit. ## **Plans for 2023/24** Staff salaries will be reviewed as per our normal practice. However, given the financial situation the income for the group will be monitored closely. Since the end of the 2022/3 period the pre-school has closed in Sep 23 as a result of staff shortages. Independent examiner's report to the trustees of Lime5 A￿nue Baptist Church (Charity No 11405741 I report to the trustees on my examination of the accounts of the above charity for the year ended 31 March 2023 as set out on pages two to 19. Respective responsibilities of trurtees and examiner As the charty's trustees. you are responsible forthe preparation of the accounts in accordance with the requiremerhts of the Charities Act Charities Act 2011 (the Act). I report in ￿Spect of my examination of the chariws accounts carried out under sertion 145 of the 2011 Act and in carrying out my examination, I have followed all the Direttions given by the Charity Commission under section 1451Sllbl of the Act. Independent examiner's ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give5 me cause to believe that in, any material respect.. the accounting records We￿ not kept in accordance with settion 130 of the Charities Act.. or the accounts did not accord with the accourhting records- or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts gNe a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come acr055 no other matter5 in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the account5 to be reached. Matt Ryan FCCA 32 High Street, Wendover, Bucks HP22 6EA 22 January 2024 Liniés Averue BaFlisl Cl)urch Charitv No 114C574 Annual accounts for the period From eri date peril￿ stsrt date 0110412022 3110312023 Section A Statement of financial activities (including summary income and expenditure account) Restricted income funds Unrestricted funds Prior year funds Recommended categories by activity Total funds Income (Note 31 Income and endowments from.. DDn?lion$ and legauBS C￿[lIable &tivilies 111,089 184,328 14.607 295,418 14,607 59 1.998 312.081 169,406 18,880 70 3.267 191,623 Ot￿r trading a￿￿1he5 Investments 59 1.849 112.998 149 199,084 Total Expenditure (Notes 51 Expendlture on.. Charitable ￿ti¥ll￿S 144,877 144,877 58,843 58.843 203,720 203,720 223,029 223,029 Total Net incomellexpenditure) before tax for the Net incomellexpenditure) after tax before Net incomellexpenditure) Extraordinary items Transfers between funds Other recognised gainsl{lossesl- Net movement in funds 31,879 31,879 31,879 140,240 140,240 140,240 108,361 108,361 108,361 31,407 31,407 31,407 1.740 1,740 30.139 138.500 108.361 31,407 Reconciliation of funds.. Total funds brought forward 303,105 272.966 15,170 153.670 318,275 426.636 349,682 318.275 Total funds carried ft>nvard Section B Balance sheet Restricted income funds Unrestricted funds Total this Total last year year Fixed assets Tangible assets Total fixed assets Current assets Debtors (Note 10) Cash at bank and In hand (Note 12) Inter oryanisational Total current assets (Note 9) 4,050 4,050 369 369 4,419 4,419 6,203 6,203 24,985 248,931 12,625 142,282 15 37,610 391,212 14,741 302,519 Creditors: amounts falling due within one year 6,015 590 6,605 5,188 Net Current asset￿{1{abl1l¢1oSj Total assets less current liabilities Creditors: amounts falling due after one Total net assets orliabllitles Funds of the Charity Restricted income fund5 (Note 13) Unrestricted funds Total funds 153,670 153,670 15,170 303,105 Note 1 Basis of preparation 1.18asis of accounting These accounts have been prepared under the historical cost convention wtth items recognised al cost or The accounts have been prepared in ac(x)rdance wth the Statement of Recommended Practi￿.. Accounting and The charity constilules a public benefit entity as defined by FRS 102. 1.2 Going concern The reserve funds are significanl to see through a long period of time wlh no further giving provided. 1.3 Change of accounting policy The accounts present a true and fair view and no thanges have been made to the accounting policies. 1.4 Changes to accounting estimates No changes lo accounting estimates have occurred in the reporbng peri¢xl13.46 FRS102 SORPI. 1.5 Material prior year errors No material prior year error have been identified in the repowting period13.47 FRS102 SORPI. Note 2 Accounting policies 2.2 INCOME Recognition of income are inclu¢Jed in the Statement of Financial Activtbes ISOFAI when." the charity beix)mes entslled to the resources.. it is more likely than not that the trustees wll receive the resources- the monetary value can be rneasured wth sufficient reliability- Ttr￿re has been no offsetbng of assets and Ivabilities, or in¢oTne and expenses. unless required or pemitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SOFA when the general income recognibon criteria are met15.10 to 5.12 FRS102 SORPI. In the case ol perfomance relate(J giants, income must only be recognised to the extent that the charty has provided the specilied goods or services as entitlernent to the grant only 0￿UrS when the perfomiance reLqted Cond￿On$ are met15.16 FRS 102 SORPI. Legacies are included in the SOFA when ￿CeIpt is probable, that is, when there has b*n granl of probate, the executors have esiablished that there a￿ sufficient assets in the estate and any condrfions attached to the legacy are either wthin the control of the charity or have been met. The charity has received g￿ernment grants in ihe reporting period Offsetting Grants and donation5 Legacies Government grants Gift Aid receivabfe is induded in income when Ihere is a valid declaration from the donor. Any Grft amount iecovered on a donation is considered to be part of that gtft and 15 treat8d as an addrfion to the same fund as the intb81 donation unless donor or the tenns of the appeal have specified Othen￿lse. Tax reclalms on donatlons and gSfts Support Costs The charity has incurred expendIlu￿ on support costs. The value of any voluntary help received is not included in the accounts but is described in the trustees. annual ieport. Income from interest, royalties and This is included in the accounis when receipt is probable and the amount receivable dividends can be rneasured reliatAy. Insurance claims are only included in the SOFA when the general income recognition criteria are met15.10 to 5.12 FRS102 SORPI and are indud8d as an item of oth8r income in the SOFA Volunteer help Settlement of insurance claims 2.3 EXPENDITURE AND LIABILITIES Liabilities are recognised where ti is more likety than not that there is a legal or Construc￿Ve obligation committing the charity to pay out resources and the amount of the obligation can be measured ￿th reasonable certainty. Support costs have been all(tsted between govemance costs and other supporL Governance costs cA)mprise 811 cosls involving public accountabilty of the charity 8nd Its compliance wth regulation and gcM)d practice. Llablllty r•cognltlon Govemance and support costs Support costs include ￿ntral functions and have been allocated io activity cost categories on a basis consistent with the use ol resources, eg althating property costs by areas. or per capita, staff costs by Ihe time spent and other costs by their usage. Grants payable wrthoLrt Performance conditions whe￿ the￿ a￿ no Condrf￿S attaching to the grant that enal￿eS the donor charity to realists"cally avoKI the cotnmttrnent, a liability for the full funding obligation must be re¢ogniseil. Redundancy eost Deferred income Th8 charity made no redundancy payTnents during Ihe reporting p8ri0d. No material item of deferred income has been included in the accounis. creditors The chanty has creditors which are measured at setuement amounts less any trade discounts. A liabilty is tneasur8d on recognition at its histori(xl cost and then subsequenuy measureil at the best estimate of the amount required to settle the obligation at the reporiing date. The charity accounts for basic finanual instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent tneasurernent is as per paragraphs 11.17 10 11.19, FRS102 SORP. Provisions for liabilities Basie financial instruments 2.4 ASSETS Tangible fixed assets for use by charity These are capitslised rfthey be used for rnore than one year. and cost at least They a￿ valued at cost deprecialion rates and meth(xls used are disclosed in note 9. Deblors linduding trade debtors and loans receivable) are measured on initial recognition at setdement amount after any trade discounts or amount advanced by the charity. Subsequenlly, they are measured at the cash ￿ other consideration expected to be received. Debtors Note 3 Income Analysis of income Unr8stsict8d Restrfcted funds Income funds Total fund8 Prlor year Donatlons and legacies: Donations and gifts Gift Aid Gift Aid reclaimed Legacies General grants provided Other Total 28,004 52,752 13.257 15,838 84.685 49,528 12,345 112,689 102,280 25,601 15,838 37,771 1.239 295.418 57,422 56,398 14,042 10,000 31,544 37,771 1,239 111.089 184.328 169,406 Charltable actlvltles: Playgroup fees Total 14.607 14,607 14,607 14,607 18,880 18,880 other trading activities.. Bookstsll Total 59 59 59 59 70 70 Income from Investments: Interest income Rental and leasing income Total 1.849 149 1,998 2,417 850 3.267 1.849 149 1,998 TOTAL INCOME 112.998 199,084 312,081 191,623 Note 4 Analysis of receipts of government grants All grants are in relation tts the piesch(K)l and arè for PToviding presch(K)I places. Note 5 Expenditure Analysis of expenditure Unrestsicted fvnds Restricted income funds Total funds Prior year Expenditure on Charitable activities Charitable activities Govemance Other resources Transfers 144,877 58,843 203,720 222,207 216 606 1,740 1,740 Tolal ex endilure on Charilable activilies 146.617 57,103 203,720 223,029 TOTAL EXPENDITURE 146.617 57.103 203,720 223,029 This includes giving to the followng organisabons= Name Total this year year 100 fold AGBCISE} Christian Books Worldwide European Mission Flwshp Ukraine fund Foundation Matters GBM Murfitts United Beach Mission 12,000 1.140 13,143 4.560 63 900 1.426 2,470 4,500 120 5.280 1,631 120 Note 6 Support Costs Grand total Support cost (examples) Wages Total These costs are in rdationship to tr)e salaries of the pastors and their sUp￿rt st2ff. 84,394 84.394 Note 7 Paid employees 7.1 Staff Costs This year Last year Salaries and wages 114,336 118,001 Social security costs 3,683 4,898 Pension Costs (defined contribution pension plan) 7,898 7,810 Other employee benefits 5,619 2,671 Total staff costs 131,536 133,380 No employees received employee benefits lexduding employer pension costs) for the reporting period of more than £60,000 7.2 Average haad count in the year This year Number Last year Number The parts of the charlty in whl¢h the employees work Charltable Adlvlties Governance Other Total Note all employees are (x)unled although a large part of the employees are on a part time basis only. Note 8 Defined contribution pension scheme or defined benefit Amount of contributions recognised in the SOFA as an expense £7898 The allo¢alion of the expesense belween restricted and unrestricted fund5 is based on the activity carried out so either pre-school or Church. Note 9 Tangible fixed assets 9.1 Cost or valuation Computers Flxtures, ffttlngs and equlpment 92,620 Total 99,664 Al the beginning of the year Additions Revaluations Disposals Al end of the year 450 6.594 68,657 23,963 69,107 30,557 9.2 Depreciation and impairments Rate Straight line At beginning of the year Disposals Depreciation Impairment At end of the year 3,048 450 1,135 90,412 68,657 649 93,461 69.107 1,784 3,733 22,405 26,138 9.3 Net book value Nel book value at the beginning of the year Net book value at the end of the year 9.4 Other disclosures Access lo the church building and manse which are held on trust by the Grao Baptist Trust Corporation. 2,207 1,558 6,203 4,419 2,861 Note 10 Debtors and prepayments 10 Analy515 of debtors This ear 243 Last ear 14.775 290 256 Trade debtors Less inter-organisational debtors Prepayments and accrued income Other debtors Total 11,797 25,570 37,610 14,741 Note 11 Creditors and accruals 11 Analysis of ¢r9ditors Amounts falling due This year Last year 3.895 3,554 818 1.892 Trade creditors Accruals and deferred income Taxatlon and social security Other creditors less inter•organisational Total 1,924 -290 Note 12 Cash at bank and in hand This year 57,861 333.352 Last year 211,310 91,209 Short term depo$il$ Cash at bank and on hand Total The funds are held with two different organisations= H58C Grace Baptist Charities Limited This year Last Year 91,209 211,310 333,352 57,861 The funds held with Grace Baptist Charities Limited has a Company number (K)(V)6055. The company act5 a5 a corporate trustee of charitable trusts. and acts a5 Custodian trustee for a number of churches. The company also receives loans from churches and charitable trusts, and assists some churches and trusts through the provision of loans and other advance5. Funds were moved from GBCL as a result of starting on a building Nole 13 Charity funds 13.10elails of material funds held and movements during the CURRENT reporting period Fund Ll)ll Fund balances Ca￿led forward 10,296 32,379 balances brought forward 6,406 79,756 Fund namos Pr8-School General Mission Legacies Jean Green Trainee TOFS Food Building Total Funds as pèr balancè shoèt Income 52,488 95.740 2,186 17,257 33 110 1.403 388 142,477 312,081 Exp•nditure 46.858 144.857 1,325 19 Transfers 1,740 1,740 861 223.349 1.543 5,408 1.687 240,586 1.576 5,517 1.807 896 133,578 426,636 1.282 353 9,024 203,720 861 126 318.275 13.2 Oetails of material funds held and movements during the PREVIOUS ￿pOrting period Fund balances brought forward 5.874 94,191 200 233.390 1.526 5,349 2.088 7,064 349.681 Fund balances carried forward Fund names Pre-school General Mission Legacies Jean Green Trainee TOFS Building Total Funds as per balance sheet Income Expenditure 48.752 136,149 8.769 21.197 Transfers 51.024 119,974 8.569 11.156 18 1.740 1,740 6.406 79,756 223,349 1.543 5,408 1.687 126 318.275 652 169 191.623 1.052 7,107 223.028 Fund names Pre-school General Mission Legacies Jean Green Purpose and Restrictions Restricted Un￿St￿tted Restricted Unrestricted Restricted For the provision of edLJGqb"on to 24 year olds General purposes of the church To further the mission of the gospel throughoLrt the worfd Legacies provided to the church without any restrictions Christian walk Trainee TOFS Food Building Restricted Restricted Restricted Resthcted A fund setup for the training of the next generation of church workers A fund relab.ng to work with the elderfy In Aylesbury A fund relating to work via a Foodbank. To support the maintenance or Changes to the building at LABC Note 14 Transactions with trustees and related parties Keith Charlton is a missionary th 100 fdd aThY is supported by Limes Avenue Baptist Church through the giving to 100 fold.