Great Shelford Free Church Annual Report of the trustees for the year ended 31st March 2024 Charlty Namé.. Great Shelford Free Church (Baplisll also known as GSFC Reglstmtlon Number.. Address.. 1141345 Great Shelfvrd Free Church (Boptlstj Ashen Green Great Shelford C822 SEY Property Trustees.. The 8aptist Union Corporation Baptist House 129 Broadway Didcot Oxfordshire OXII 8RT Trustees.. {Leodershlp Teomj Mrs Diana Parr Mrs. Liz Jenkin Mrs Jllllan Hardwlck Mr stuart Watt Mr Colin jefferson Mr Christopher Smith Mr Graham Briscoe Mrs Flona joel Pastor IActlng Pastor until September 20231 Elder Secretary Church Treasurer Deacon Deacon Deacon Deacon IFrom Il, March 20241 Bankers.. Barclays Bank plc Independent Exomlner.. Mr John Stirrat FCCA, Hardcastle Burton INewmarketl Limited, Chartered Certified Accountants
Pastorfs Letter Dear Friends l often reflect on the journey of life and how our faith journey is interwoven into every aspect of our lives. sometimes without us being aware of it, and so our journey of faith as individuals walking with Jesus also encompasses our journey as a church. Sometimes that journey with God is straightforward and at other times it seems more complex,. sometimes the way ahead is clear and at other times our path may seem shrouded in mist; sometimes it may seem that we are going round in circles and at other times we move forward at pace. As we look back over the past year it may seem that we are revisiting the same situations, but there are also indicators that as a church community, and as individuals, we are moving on in our journey with our Lord, in ever increasin8 circles, as we aim to keep Him at the centre of everything we do. Because of the way the dates fell this year, we started the year by preparing for the celebration of Easter with times of proclamation of the word and prayer, and we also ended our year with a joyous celebration of the death and resurrection of our Lord. At both ends of the year we took time and opportunity to share our joy in the Good News of Jesus with the local com munity by offering free coffee and hot cross buns at Cara Coffee Shop. We also began the year searchin8 for a new pastor and now as we approach a new year. havin8 filled that post, we be8in a search for an as515tant pastor to work alongslde me. It may seem that we are revisiting a place we've been in before, but we continue to trust that God has the right person in mind and will bring about HIS purposes in our midst. I give thank5 for all of you and for the way we work together as a team to serve the purposes of God In the place and time he has given us. It has been good thls year to spend time studyin8 the Lord's prayer and I hope it has blessed us and encoura8ed us to persevere In our own praying, both individually and corporately. I firmly believe that prayer is a key that unlocks many doors in the kingdom of heaven, and l am encouraged to see limpses of where God is at work, in our wider community, in the collaboration with our frlends at the parish church, and in our own slowly growin8 fellowship. l encourage you all to take hold of the opportunities which He provides, to share our faith and to grow His Kingdom, giving Him the 810ry in all that we do. Our verse for the year is Proverbs 3-5-6, "Trust in the Lord with all your heart and lean not on your own understanding. In all your ways acknowledge Him and he will direct your paths" A5 we move forward together as his body of believers at GSFC let us continue to acknowledge Him as Lord in all that we do, and to trust Him to direct our paths for the way ahead. Dlana Parr Pastor
Church Secretary's Report It is always quite daunting starting with a blank piece of paper trying to do justice to the work of the church in the last year. And what a year it has been. As Diana mentioned in her letter, the year 1st April 2023 to the 31st of March 2024 spanned two Easters giving us an opportunity to worship the risen Christ in a fresh way but also enablin8 US to include the village children in that worship. In 2023 we hosted children and teacher5 from Shelford School for an "Experience Easter Outdoors" behind Cara Coffee. This is a children's version of the stations of the cross and was a wonderful opportunity to tell the children the Easter story. Additionally, during the holidays we made Easter Gardens Wlth families in the community, again another opportunity to share our faith. In 2024, 'Experlence Easterf was brought into the sanctuary and children from the school spent a day travellin8 round 6 stations learning the Easter story and asking question5. The statlon5 were then available for church members and the wider communlty to Use in prayerful contemplation. This led into our Maundy Thursday services, reflections at Cara coffee following hot cross bun5 and coffee for the community, then on to our Easter Sunday Servlce. We were delighted that a number of people from outside the church joined wlth us, for many of these events, but I'm 8ettln8 ahead of myself, the church calendar was packed between the two Easters. As I write thi5 list, I'm aware it is a dan8erous activity. l am bound to miss something that members have worked so hard on to serve both the church community and our friends in the wlder community. Please forgive me if I have inadvertently missed your event. It certainly wasn't deliberate and hopefully across all the reports it will have been mentioned. The 8ood thin8 is God misse5 nothing, even if I have. We were present at the Feast weekend allowing people to spln a wheel to 'win' a prize based on the miracles of Jesus. No one went home empty handed,, everyone took home the story of the miracle, a little more knowledge about Jesus and a prize. The autumn proved a busy season. There was a community café outin8 for a pub lunch at Upware, We had a wonderful servlce lolned by Diana's farnily and friends to celebrate her inductlon as our Pastor in September. Coffee was provlded from Cara Coffee durin8 the fun run, and we celebrated Harvest at a Café Church thanking God for his bountiful provision as we ate bread made by a lady at the Wl market who wanted to support our harvest. We ran a very popular All Hallow's Eve event for the village children and had some really good conversations. A bring and Share lunch allowed us to enjoy each other's company and we joined with St Mary's for Remembrance Sunday. As Christmas approached, we had a shoe box packing day for Operation Christmas Child in the church and a cake sale to pay for postage, went on a travelling nativity. made Christingles as the Christmas lights were switched on and sang carols at the Cambrid8eshire Care Home and community carols. Several members also went to Great Chesterford Congregational Church to join with them for their carol service. and that was before we had our own church services praising God for the birth of His Son our Saviour. Additionally, we helped GenR8 celebrate their 21st birthday makin8 our premises available for that event and on other occasions. As a church we took part in the LICC Frontline Course. looking afresh at who was on our frontline and how we could interact with them. sharing our faith with people who don't yet know Jesus. All this was supported by prayer, both personal and collective. As the new calendar year started. we had a week of prayer, and the Barkers visited us from Nepal. A very 5ucce55ful Tear Fund Quiz was held raising a superb amount for Tear Fund and allowin8 many people who don't normally cross our threshold a "safe way" to enter our buildin8.
As we end the year, we have more members than when we started and more connections. We continue to pray for families to join us and that God will direct His person to join us as Assistant Minister to work alongside Diana. Membership On 31" March 2024 the church had 77 members, two of whom do not currently worship with us. We are awalting a request to transfer their membership to thelr new church. We welcomed into membership Chris Cooper, Gillian Overitt, Greg Stevenson, Jamle and Lynn Taylor. AppoSntment of new Pastor Diana Parr was elected Pastor at a Special Church members meeting on the June 26th 2023, and her induction ceremony was held on 23rd September 2023 led by the Re8ional Minister Gale Richards. Leadershlp Team The Leadership Team and the Elders met approximately every fortnight during the year, moving to monthlv meetings once we had appointed our new pastor. The Moderator (Rev'd John Smith) a150 attended meetings until the end of June 2023 Chrls Smith was re-elected as Deacon at the March 2024 meetln8. Flona Joel was also newly elected as a Deacon at that meeting. Short mlnlstry reports now follow Chlldren's work Sunday morning sessions for children and youn8 people have been many and varied. WÈ all start with familie5 in the church, and there Is prayer for the whole group before we leave, Gradually, we have introduced some sessions in which the youth group meets separately, to enable our teens and nÈarly-teen5 to have their own space, tOPlC5 and di5CUSsion opportunities (see Youth Work below). The two 8roups were properly established in January 2024, and although this places more demand on adult leaders, it has generally worked well. Diana Parr and Clive, the much-loved orangutan puppet, continue to feature in some services. linking the church and children's pro8rammes. Teaching material has been based upon bibllcal narrative, reflecting the church year when appropriate. We continue to ensure that the Café Church sessions specifically include our younger people and their famllies. Another well-attended All Saints, Eve celebration took place behind Cara coffee, with some children who were very youn8 indeed. Families were invited to sign up on the church website and those who came enjoyed a BBQ and a wide variety of activities. This was a good opportunity to meet and serve members of the wider village community, several of whom simply saw what was happenin8 and came to join in. Another opportun ity for our children and young people has been their inclusion in the church Eco-Project'. we have been taking advice upon the13nd behind Cara Café, helping to clear ar)d tidy the area, listening to and recordin8 children's views, rakin8 8rass and sowing wildflower seeds. The work will expand in the month5 to come. Open space Open Space Is a relatively new venture run in collaboration with St. Marys, Church. It provides opportunity for families to meet in outdoor spaces to explore faith through a variety of activitie5 and connect with one another and with God, in an informal time of worship. The sessions take place on Sunday afternoons, once per month, whatever the weather, alternating between the grounds of St. Mary'5 church and the church garden behind Cara Coffee. Since we began this initiative last year, we have had several families from both churches and from
the wider community join us for these sessions, and we continue to build on relationships forged with familie5. as we explore different aspects of our faith. Llttle Steps The Little Steps team has continued to serve the under 35 in the area, with their parents and carers. The number of registered families has risen to 30, some of whom have graduated from Tiny Toes. Weekly newsletters have been discontinued, and enyail communications are now only when needed to announce specific events. We have, however, continued our outdoor trails on Great Shelford recreation ground at least once per half term. It is good to get outside with our small people and gives us a great opportunlty to connect with the wider community. Our Freecycle has continued, and parents bring clothes, toys or equipment that they no longer need, and give them away through Little Steps or Tiny Toes. Items can then be taken by other parent5, and any leftover are passed on to other charities - most 8oln8 to the Vineyard Cambridge 'Growkids' initiative. Indeed, we thank God for all the blessin8S that we have experienced, not only for children, but also for parents, carers and the dedicated team too. Feedback from adults makes it clear that they value the warm welcome, the immediate acceptance and consistent support. Tlny Toes Tiny Toes15 a group for parent5 and carers with babies up to one year old. It continues to be well attended bv new mums with their bables who welcome the opportunity to meet up and connect with other people in the same situation for mutual support and encouragement. The opportunity to support and pray for and with these new mums has been a real blessing. We have been pleased to see a number of these Mums and bables transfer into Little Steps during the course of the year. Communlty Café Community Cafe continues to thrlve as people meet on a Monday morning sitting around the tables In the sanctuary chatting to friends. The Café is really well attended and most Mondays there is the opportunity for a conversatlon with someone new. Similar to last year, we have been delighted to see people we first met at Community Café joining us for worship on a Sunday mornin8 and attending other event5 Put on by church, exploring their faith. During the morning, the thought for the day, provided by a small group of church members, is well received by all who attend. Over the course of the year, we have had a couple of opportunities to share a simple meal tO8ether after the Community Café. These event5 were enjoyed by all who attended. As in previous years, cakes are provided by church members, and served by a dedicated band of volunteers. We would be delighted if others would like to bake and join the "cake rota" We would love to see our church family, of any age, using the café. You are most welcome just to come and join in spending time chatting to others. This is a real opportunity to serve our communitv. Eco church Last year the church achieved a Silver Eco church award. This was the culmination of a huge team effort by the church. In particular we have started to focus more on the land behind Cara and have built new compost blns and added a bug hotel, makin8 the area more nature friendly. More to come in 2024. In May the Church Members, Meeting agreed to offset our energy usage by paying to plant 8 trees In the East of England. This meant our 2023 energy usage was all renewably sourced or offset. The same will be done for our 2024 ener8V U5a8e.
Horne Groups The church currently has 8 home groups meeting weekly for Blble study and prayer, with around 64 participants attending regularly. both church members and others from the congregation. Groups meet mainly in the evenings on day5 to suit each individual group, but tWQ 8roup5 meet durin8 the day. The focus of the studies has primarily been exploring the topic / Bible passage preached on the previous Sunday through questions written either by the preacher or Lou Everard the Home Group Coordinator. Each home group 15 organised by a group facilitator under the auspices of a Home Group Coordinator and are a great way to go deeper into scripture and pray in smaller un its that offer friendship and fellowship. If you are not in a home group and would like to loin one, please speak to Diana. All Home groups met together with others in the church family at the home of Chris and Liz Jenkin for a summer social. Prayer Ministrv The prayer ministry continues with a small but dedicated group meeting via Zoom on a Sunday evening led by Bismark Donkor. Splitting into smaller groups has allowed for meaningful sharing and reflections and discerning on prayer points. We have continued to hold in-person prayer meetings in the church at 6.30pm on the days we have café church. Our prayer of intercession Is led by members of the church on the 2nd and 4th weeks of the month. They lead our prayers for our church, the wider community, our country, the world and prayer needs for people affected by war, conflicts, natural disasters and national Issues affecting our daily lives. On the ISI Sunday of the month have a mission focus where prayers are dedicated to that mission durin8 our church servlce. If you would Ilke to join the rota for our prayer of intercession, please contact Bismark. The prayer chain contlnues to be very active, and we have been greatly blessed by answers to our prayers. The prayer chain shares both internal prayer requests, from and about the church family, and external prayer requests. If you would like to be involved in the prayer chain, please speak to Bismark or Maria Be8ley who wlll share the email address and WhatsApp numbers. We had a week of prayer in Holy Week usin8 the prayer stations prepared for the children at Great Shelford Primary School. It was a blessing to See a number of people from the community jolnln8 US. If you would like prayer from the prayer team in person after church or at other times, please contact Bismark Donkor, Maria Begley, Anne Beresford or Penny Pearl who would be delighted to pray with you. Mission Following the reinvigorating of our misslon focus last year, this year we continued to Support eight charities. Four were a given IBMS, GenR8, EBA Home Mission and SSYII and four were voted by members havin8 been proposed by a member with a particular heart for that mission. Each mission rep had a month to share their mission partner with the church through the Link, the church website, a focus noticeboard in church, at least one Sunday morning focus slot, either via video or in person and the opportunity for one officSal church fundraising event a year. organised by the rep in discussion with the leadership team. The missions we chose, and the representatives are set out below: BMS Lesley Cornell Centre of Hope Aquaid Lifeline Hands of Mercy Friend5 International The church also continued to support Operation Chrlstmas Child. Jane Furlow led this work. Graham Briscoe GenR8 Penny Kite Carole Johnson EBA Home Diana Parr Mission Robin Blee ssyi Jean Chambers Jean Chambers
Safeguarding With the appointment of Diana Parr as our pastor. it was no longer appropriate for her to be one of our Deputy Designated Safeguarding leads, as she holds pastoral overslght for the whole Church, although she is Still involved in our team. We are grateful that Penny Kite has stepped into this role, joinin8 Barbara Law as Deputy DSL. A comprehenslve self-assessment audlt, cated by the BU, was carrled out In the spring by Llz Jenkln and Dlane 8aslin8ton, It was pleasing to note that there were no major om1551on5 in our practice, but plenty of point5 for action,. together with Diana a plan for actlon was put in place, whlch the leadership team has approved, and which we are now working through. Worshlp Last yearfs report ended with us looklng forward to more of our Frlday Evenlng Pralse sesslons, and tt has been a real ble5sln8 to hold these, which have been well received by our congregation and also guests. As a team, we have met and consldered which songs we use in our Sunday sesslons, as ever trying to strike a balance between the old and the new, while also being mindful of the need to balance son85 that point towards praising God, our personal need for transformation and compassion for the wider world. Our team of singers and musicians continues to be varled, and a5 ever, is ably sUPPOrted by our flexlble land at times long-sufferingl tech team. Youth work The youth work on Sunday mornings has been relnvl8orated over the past year by Carole and Bismark, wlth Penny, Stephen and Chrls In support. Our group Is stlll small, but the young people are keen to meet separatelv from Klds, Club when possible, and have enjoyed a mlxture of games, videos, discusslons, prayer time and excellent snacks. Th• Trustws dlIf4 that they hJv• approv•d th• Trustees, Report. Slgned on behalf ol th• Charltvs Tiustees: Date Dat•
Financial review Financial policies The Church has established systems and controls for receipts and expenditure, in accordance with the Constitution and Charity Law. These procedures have been approved by Trustees and Members for the protection of the Church's finances and a55ets and also for the protection of individual members of the Leadership Team. The guidelines stipulate what authority Is required when purchasing goods or services and who may authori5e payments from the bank accounts. Annual bud8etS are discussed, prepared and approved by the Trustee leadership team before being presented, discussed and approved by Church members. The Church Treasurer who is appointed in accordance with the Church Constitution presents an income and expenditure statement with explanation of significant movement to budget for review by the leadership team at least 6 times a year and four times a year to the Church Members. This assists in forecasts and treasury management. The annual church accounts are prepared and examined by external, qualified accountants. Reserves Policv The General Fund Reserves have been set at 50% of the current year's budgeted expenditure. We have also started to rebuild the Fabric and Development Funds due to not having a ministerial assistant post since August 2022 and the temporary renting of the manse. These designated reserves are for the improvement of the manse in particular and for the overall maintenance of the church. Statement of Trustees, responsibilitles Charity Law requires the Trustees to prepare financial statements for the financial year which 8ive true and fair view of the state of affairs of the charity and of the incoming resources of the year and the application of resources of the charity for that period. In preparing those financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently; Make judgements and estimates that are reasonable and prudent: Prepare the financial statements on the 80in8 concern basis, unle55 It is inappropriate to presume that the charity will continue on that basis. The trustees are responslble for keeping proper accountlng records whlch dlsclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguardin8 the assets of the charity and hence for takin8 reasonable 5tep5 for the prevention and detection of fraud or other irre8ularities. Risk Management The Trustees have examined the major strate8ic, business and operational risks which GSFC faces and confirm that systems have been established to enable regular reports to be produced so that the necessary step5 can be taken to lessen any risks of which at present none have been identified. No money is paid or received frorn 3broad. Pensions Policy The Church pays pension contributions for its Minister. and staff members to the Baptist Ministers Pension Trust Limited, defined contribution scheme. This amount is included within the staff and admin expense in Note 6 to the account. Principal Funding Sources GSFC derives its funding from voluntary gifts. free-will offerings, community activities and legacies which are received from its members and others who worship at the Church. Tax refund5 are also reclaimed on any offerings given under the Gift Aid scheme.
As we await the recruitment of an assistant minister the manse has provided temporary rental income. at below market rate. 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 substantlally to the achievement of the church's objectives. Expenditure is incurred to enable the church's programme of services and artivities to be held. As part of our outreach we give 12.5% of the Generaf Fund's offering5 to other charitable organi5ations as nominated and voted on by the Church Membership. The rest of the General Fund expenditure is in respect of the Minister's stipend and salary costs of other employees of GSFC, the maintenance and running costs of the Church, the Manse and general administrative requirement5. Unrestrlcted Funds The Church has a General Fund, which is an unrestricted fund. This Fund is used to finance the regular activities of the Church, and it5 principal income is from the free-will offerlngs 8iven to the Church by its members and other regular worshippers who attend the services and activities. It is used to transfer to designated funds as the need arises. Designated Funds Soclal Actlon Fund Desi8nated fund under the Charitles Act and Is intended to be used for 8rants and loans to member5 and others in special financial need. Bulldln8 & Fabrlc Fund Designated fund under the Charities Act and has been used for the refurbi5hmentlrepair of Church buildings. As it depends on transfers from the unrestricted general fund the Trustees decided during the year that when the fund was depleted, refurbishmentl repair costs should be charged direct to the 8eneral nrestricted fund. Speclal Projects Fund Desi8nated fund under the Charities Act and can only be used for any purpose approved by the Church membership. 5peclal ProJects (Mlsslon) Fund Designated fund under the Charities Act and can only be used for any mission-assoclated purpose approved by the Church membership. Church Tlthe Fund This designated fund is used to support the work of those Involved in Christlan servicelaid work locally, nationally and Internationally. The monies in this fund are provided for annually to be paid the following year. Allocation is agreed by the Church Meeting in the year of payment. The Church Tithe is currently Set at 12.5% of 'free will offerin8S'. TralnSng Fund Designated fund under the Charities Act and to be used for costs of those preparing for Christian work either in the UK or overseas. Development Fund As this designated fund wa5 used for the refurbishment of the toilets last year it was agreed by the trustees to increase it as appropriate for the potential improvement and development of the manse and other Church buildings. Restrirted Funds 'Otherf Funds donated for a variety of 'restricted' purposes. Developrnent of Premises Fund. This is restricted under the Charities Act and can only be used for the development, but not the maintenance, of the facilities, premises and land at Great Shelford Free Church18aptist}.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES On the Financial Ststements for th• Year Ended 31 March 2024 lodependent Examinels Report to the Trust¢es of Great Shelford Free Church I repurt lin th¢ financial SlAILtneni$ of Ihe Church fi>r Ihc yUr ¢nd¢d 31 Mah 2024 whi¢h e4)mpri8e th 141¥¢ipi$ and Payi?ILni A¢Louni. Ili¢ balon¢e ¥lii%'i and Il)¢ Not¢S 11) Ili¢ Aceouiiis. Rt¥i>on$lbllltl¢$ Anil b#$ls of reyort As lh¢ Ch111'¢h's ttuslLCS yoii nre respoiisible foi Ihe prcpotulioii of the aLLounL4 in dLLOT(kniiiL willi (he tLxiiliriii))16 01.1e LIML'ilies ALL 2n I I I'lhL ALI'I. l irpoil iii respeLt of ijiy ex¥ii)llwlioii of t1 cliajity's uLLoiiiiL% LIllIlL oul ULidLf %L'Llioii 145 of tJiL Ail ajid iii IiiiIJLf 8ILllOlI 1451SMhl Dl'ihL Aci. I h&v¥ ¢i)Inpl¢ii¢d my ¢xaminolion. I wnlirm Ihal na mmlerial m4LifLrs huve comc lo my ¥ltenlioii in cunneciion ¥()uniin8 r¢Lord8 iverc iioi kepi in l..pe i)I'the chority us rcguircd by ycLlion 130 ot'ihe Act; OT Ilwl diL' IILioiiiil% uJivL li 'triK' uiicl InLT vicw, w41icli i% iiol a iiialleT iujisidered n5 Part uf uii iiideix'iidLYil I hthv¥ no LnnLcrns and hovL comc across no oihLr rniillers in LonneLli()n wilh th¢ ¢xuillinHti(ill l() which ullcnlion fgÉL John Stlrrat FCCA Hardcastle Burton (Newmarket) Llmlted Chartered Certlfled Accountants go High Street Newmarket Suffolk Date: 24 June 2024
Receipts and Payment Account For the perlod from 01 April 2023 to 31 March 2024 Unrestricted Designated Restricted Total Funds 2023124 Total Funds 2022123 Note Funds Funds Funds Incoming Resources Voluntary Income Investment Intome Charitable Activities Other IntominB Resources 104,461.80 31,630.32 2,718.98 29,389.96 104,461.80 101,855.52 31,630.32 23,203.71 2,898.98 2.441.70 29,389.96 27,733.43 0.00 180.00 0.00 Total IncomlnK resources 168,ZOI.06 180.00 0,00 168,381.06 155,234.36 Resources Expended Charitable activities Governance costs 102,322.79 1,3CM).00 I 19,066.89 O.IX) 121,389.68 132,542.01 1,300.00 1,200.00 Total Resources Expended 103,622.79 19,066.89 O.t]0 112,689.68 133,742.01 Net Incomln8 IOutgoln81 Resources 64,578.27 -18,886.89 0.00 45,691.38 21,492.35 Trunsfrrs Net transfers between funds -so,824. | 50,824.00 | 0.1 0.00 | 0.00 Net Incomlng/out805fi8 before other 8aln511055es 13,754.27 31,937.11 0.00 45,691.38 21,49Z.35 Net movement In Funds 13,754.27 31,937.11 0.00 45,691.38 21,492.35 Totals brought forward 48,830.25 483,784.02 303.80 532,918,07 511,425.72 Total funds Carried forward 62,584.52 515,721.13 303.80 578,609.45 532,918.07
Balan Sheet as at 31 March 2024 General Fund Designated Funds Restricted Total Funds Funds 2023124 Total Funds 2022123 Note FixedAssets Intangible A55ets Freehold Propertv Flxed Assets 12 450,340.68 o.1)0 450,340.68 450,340.68 450,340.68 0.00 450.340.68 450.340.68 Current Assets Debtors Cash at bank and in hand Cuirent Assets 6,366.641 62,579.95 68,946.59 6,366.64 10,472.27 128,264.20 88,434.56 134,630.84 98,906.83 65,380.45 65,380.45 303.80 303.80 Current Llobllltles Creditors: Deferred Income Current Llabilities 6,182.07 180.00 6,362.07 6,182.07 3,829.44 180.LKI 12,5tK).00 6,362.07 16,329.44 0.00 Net current a55ets 62,584.52 65,380.45 303.80 128,268.77 82,577.39 Net assets 62,584.52 515,721.13 303.80 578,609.45 532,918.07 Represented by Unrestricted General Fund 62,584.52 62,584.52 48,830.25 Designated Funds Designated - Social Action Designated Training for ministry Designated - Building and Fabric Desi8nated - Special Projects Designated - Chvrch Tithe Designated Development io 3,332.63 2,000.94 469,710.32 0.00 17,298.53 23,378.71 3,332.63 4,337.63 2,CIIO.94 2,000.94 469,710.32 451,210.32 0.00 0.00 17,298.53 15.174.53 23,378.71 11,060.60 Restricted - Other Funds of the church li 303.80 303.80 303.80 303.80 578,609.45 532,918.07 62,584.52 515,721.13 The Trustees declare that they have approved the FlnancSal Statement5. Signed on behalf of the Charity's Trustees Slgned ...... Full Name Trustee Signed . Full Name GSFC Treasurer
NOTES TO ACCOUNTS- Year ended 31" March 2024 Accountlng policies o. Ba51s of Preporntion The accounts of the church, which is a public benefit entity under FRS102, have been prepared in accordance with the Charites Statement of Recommended Practice 2015 IFRS 1021, Financial Reporting Standard 102 and Accounting Regulations set out under the Charltles Act 2011. They are prepared in sterling (£1. b. Donations Donations are accounted for gross when received. Legacies Legacies are accounted for when their receipt is certain and can be properly quantified. d. Investment Income Investment Income is Included in the accounts in the year in which It is receivable. e. Fund Ralslnq ondpubllclty costs The Church doe5 not make formal appeals for funds, therefore there Is no expenditure. l. Gronts Payable The Church does not make 8rants but gift5 donations to other organisations whose charltable objects complement it5 work. They are accounted for in the year in which they are pald. g. Poyments to Trustees (Note 6) Remuneration is paid to the followlng trustees.. the Pastor and the Ministerial Assistant for thelr role5 wlthin the church. The total amount is £3423712023 £361831. It is not the Church's policy to disc105e the amounts paid to each individual in this statement. Expenses of £ 794.912023 £475.58) were relmbursed to the Trustees durin8 the year. These all relate to costs incurred by the Trustees in the course of their duties as members of the Leadership Team. h. Governance Costs This represents the Independent Examlner's fee for the year. The salary and a550ciated costs of the Administrator is reflected in note 6. In general, most of the mana8ement is carried out without charge by volunteers and the Trustees of the church, This intangible cost is not included in the Statement of Financial Activities, since there is no measurable cost to these people for their service. Fixed Assets Freehold Property is Included in the balance sheet at C05t. The trustees do not consider it beneficial to the users of these accou nt5 to obtain valuation that would incur significant costs. The insurance value 15 reported in the note to the accounts, Item5 of equipment are written off when acquired. J. Depreciatlon Depreciation has not been charged on the Church or Manse premises because, in the opinion of the Trustees, the residual value of the asset is not less than the original cost price. k. Investment A55ets If applicable. quoted Investments would be stated at market value.
Notes 2. Voluntary Income 2023124 Total 95,768.00 7,330.64 1,363.16 104.461.80 202212023 Total 89,493.00 7,350.64 5,011.88 101,855.52 Unrestrictgd 95,768.00 7,330.64 1,363.18 104 461.80 Dgsignated RostriGtgd Gift Aid Offering Other offering Donations 0.00 0.00 3. Investment income Rent ## Interest 28,662.00 2,968.32 31.630.32 28,662.00 2,968.32 31,630.32 22,800.00 403.71 23,203.71 0.00 0.00 4. Charltable Actlvltles Evangelism Junior Church Youth Church Weekend Leaders Conference Other 1.000.17 1.718.81 1,000.17 1,718.81 0,00 0.00 0.00 180.00 2,898.98 1,074.85 1,366.85 0.00 0.00 0.00 0.00 2,441.70 180.00 180.00 2,718.98 0.00 5. Other In¢omln8 resources Gift Aid recovered Legacies Other contributions 24192.01 5,000.00 197.95 29,389.96 24,192.01 5,000.00 197.95 29,389.96 22,348.25 1,000.00 4,385.18 27,733.43 0.00 0.00 6. Charltable Actlvltles Staff C05t Employers costs Pension deficit 48065.41 3,987.46 12.00 52,064.87 184.48 292.06 48065.41 3987.46 12.00 52064.87 184.48 292.06 44,981.13 3,025.83 1,433.00 49,439.96 695.30 486.29 Staff expenses Youth and Children Evangelism 2,131.35 2131.35 1,984.46 Prayer Ministry Sanctuary Resources Pulpit & moderator expenses Fellowship Training Resources 439.10 1,150.47 218.35 439.10 1150.47 218.35 431.08 1,289.84 1,380.65 1,347.54 734.80 585.00 1932.54 734.80 1.091.28 1,175.(K) Leaders Conference 0.00 0.00
BU Home Mission BMS World Mission ssyi Friends International DFN UK Hands of Mercy 4,000.¢XI 4,000.00 1,200.(KI 1,200.C 4,000.00 4,000.00 1.200.00 1,200.00 0.00 1,200.00 4,000.00 4,000.00 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00 E 111 GenR8 Centre of Hope Tearfund Aquaid Christmas Hampers 1,200.00 1.200.00 0.00 1,200.00 600.00 1.200.00 1,200.00 0.00 1,200.00 600.00 1,200.¢XI 1,200.¢XI 1,409.IKJ 600.00 Heating/lnslCtax ### Church Clean ing Telephone/lnternet Stationery & Posta8e Subs & Donations Rental Agents Fees & Insurance Commission Repalrs and Renewals Bank Charges Payroll, DBS, other fees Computer Software Equipment & lease Other 12,305.76 5,847.17 2.612.31 187.41 1,648.33 3,891.49 12305.76 5847.17 2612.31 187.41 1648.33 3891.49 10,756.83 6,670.58 2,161.92 179.28 2,881.63 3,031.89 13,100.67 190.10 1,806.42 2,681.89 15782.56 190.10 1,806.42 27,455.69 201.85 1,740.CQ 0.00 1,807.62 471.86 1,330.96 839.15 1330.96 839.15 102,322.79 19,066.89 0.00 121,389.68 132,542.01
Heatin811ns/Ctax breakdown
HeatinglLightln8 Water Charges Insurance Council Tax Total 8,007.60 575.97 3,722.19 0.00 12,305.76 5,154.85 1.242.47 3,345.97 1,013.54 10,756.83 7. Governance costs Independent Examination 1,300.00 1.200.00 8. Gross transfers between funds Unro$tri¢t -50824 Dèsign#t•d Restrlcted Total -50824 Total -15174.53 General fund Social Action Desi naled Develo Buildin and Fabric Church Tithe ment 15000 18500 17324 50824 15000 18500 17324 15.174.53 -50824
- Analysis of Net assets Currenl A88et 303.80 65,380.4S 62,584.52 128,268.77 Fixed Asset Investment Total 303.80 515721.13 62584.52 578,609.45 Restricted Funds Designated Funds Unrestricted Funds INote 111 INote 101 450,340.68 450340.68
- Designated Funds Mar 23 Incomlng Resources Resources Expended 1,185.00 Transfers Total Social Action Trainin8 for ministrv Buildingand Fabric Church Tithe Designated Development 4,337.63 2,000.94 451,210.32 15,174.53 11,060.60 180.00 3332.63 18,500.00 17,324.00 15,000.00 469710.32 17298.53 23,378.71 15,200.00 2,681.89 483784.02 180.00 19066.89 50,824.00 515721.13 Designated funds held In Fixed Asset Investment Current Asset 3332.63 2000.94 19369.64 17298.53 23,378.71 65380.45 Total Soclal Action Trainin8 for mlnlstry Building and Fabric Church Tithe Desi8nated Development 3332.63 2000.94 469710.32 17298.53 23378.71 515721.13 450,340.68 450340.68
- Restrl¢ted Funds 2023-2024 Incomln8 resources Resources empended Current Asset Prayer Garden Sound Desk 19.47 19.47 284.33 303.80 303.80 0.00 0.00
- Freehold Property Hlstorlc ost Insurance Valuation 24 2635075 501760 232163 264464 Insurance Valuatlon 23 2313548 448000 196957 256762 Church and Hall Manse 29 High Street 6 Grain Close 267773 91000 91115
Contingent Liabillty The contin8ent liability within the Lease wlth Romsey Mill Trust ceased on 19 March 2024. Therefore there is no provision in the accounts.