WATNALL ROAD BAPTIST CHURCH
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
31ST MARCH 2025
Charity Number= 1144186
PELLS CHARTERED ACCOUNTANTS
17 Newstead Grove
NorriNGHAM
NG14GZ

WATNALL ROAD BAPTIST CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
Contents
Page
Trustees, Annual Report
116
Independent Examinerfs Report to the Trustees
Statement of Financial Activities
state￿nt of Financial Position
Notes to the Financial Statements
10120

WATNALL ROAD BAPTIST CHURCH
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025
TRUSTEES. ANNUAL REPORT
The Trustees present their report and the unaudited financial statements of the Charity for the year ended
31st March 2025.
Reference and Administrative Details
Registered Charity Name
Watnall Road Baptist Church
Charity Registration
1144186
Number Principal Office
Watnall Road
Hucknall
NorriNGHAf¥l
NG156SG
The Trustees
Rev S J Robinson
Mr M J Little (appointed 1 st Septernber 2024}
Mrs L J Sims (appointed 25th November 2024)
Mr A Cable {appointed 16th April 2024)
Mrs L Cain
Mrs Y Campbell
MrTLClay
Mr AJ Clay
Mr O Famodile (appointed 16th Awil 2024)
Mr G Comvay {appointed 16th April 2024)
Mrs K E Cooper
Mrs F Daft (resigned 16th April 2024)
Mrs A Francis
Mr M Hodge
Dr E H Mcwicar (resigned 16th April 2024)
Accountants
Pells CharteredAccountants
17 Newstead Grove
NOTTINGHAM
NG1 4GZ

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Structure, Governance and Management
htlembers of the Church are accepted in accordance with the Constitution which requires them to be baptised
by immersion upon personal profession of faith or persons seeking membership who have not been baptrsed
in the manner described in the Union's Declaration of Principle. may at the discretion of the Church Members,
Meeting be accepted for full membership based on their own public profession of faith.
Church Members shall meet together in a Church Members, m￿ting under the guidance of the Holy Spirit
and under the Lordship of Christ to discern the mind of God in the affairs of tt)e Church.
The Church Members, Meeting shall have reserved authority in the appointment and removal of a Minister,
the appointment and removal of Charity Trustees, decisions related to church propety including (without
limitation) any purchase, sale, lease, mortgage. or redevelopment of property. the administration of the
membership list, and the closure of the Church.
Objectlves and Activities
The Charity is govemed by a constitution that states that the principal purpose of the Church is the
adVan￿rnent of the Christian faith according to the principles of the Bapb'st denomination. The Church may
also advance education and carry out other charitable purposes in the United Kingdom andlor other parts of
the World.
In setting our objectives and planning our activities our Trustees have given careful consideration to the
Gharity Commission's public benefit guidance.
In order to achieve the principal objectNe which is set out above, the Church provides a variety of activities,
both to its membership and to the communty 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 Him and living Lord.
Central to work and witness of the Church is the provision of regular public seNices of Christian worship.
These services take place each Sunday at 10.15. am and on the third Sunday of each month at 4.00 pm.
There is a full children's programme during the moming seNices. 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 house groups for the grovrth of faith and discipleship in the homes of some
Members.
The Church is responsible for a Toddler Group which meets in the Church premises on Wednesday and
Thursday afternoons, with the purpose of assisting the community and demonstrating the love of Jesus Christ.
From time to time the Church runs courses in parenting. and courses for people interested in discovering
more about Christianity, entitled 'Just Looking, and 'Alpha'.
In fulfilling the Purpose, the Church will engage in a range of activities either on its own or with others
that will vary from time to time with activities be inith'ated. expanded, or closed, as appropriate. The
activities included "regular public worship, prayer. Bible study, preaching and teaching" baptism, as
defined in the Union's Declaration of Principle.
"the Communion of the Lord's Supper which is obseryed at least once a month"; evangelism and
mission, locally. regionally. nationally and internats'onally"" the teaching, encouragernent, welcome
and inclusion of young people, nurture and growth of Christian disciples""

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
"education and training for Christian and community
service" "giving and encouraging pastoral care""
"supporting and encouraging charitable soGial action in the Unrted Kingdom and abroad";
"encouraging relationships wrth and supporting Baptists and other Christians"
The Church operates systems to ensure that all people working with chIld￿n and vulnerable adults
are appropriatety vetted by the Disclosure and Barring se￿ICe.
The Church has read the Charity Comrnission guidance on public benefrt and is satisfied that the
activities outlined above clearly demonstrate that the Charty is providing a benefrt to the public.
Ministers Re
ort
Since our last annual report, there have been some very significant and enenuraging moments in the life of
the church. Our Ministy Team has grown with the appointment of Matt Little as our Youth Team Leader and
Lisa Sims as our Children and Families. Team Leader. We really are blessed with the staff team we have,
and I'm thankful for the strength and unty we enjoy together. The work of both youth and children and
families has grown significantly under Matt and Lisa's leadership as seen by the numbers attending our
midweek and holiday acb'vits'es as well as on Sundays. My thanks go to all the volunteers who support this
work afid who 'kept things going. whilst we sought God's guMJan￿ in Matt and Lisa's appointrnents.
Motherfs Day and Giving seNi￿s were recent highlights. managed collaboratively by the planning team.
And we have been blessed by the number of baptisms we have re￿ndY seen which fulfils the church mission
of helping people to find and follow Jesus. These seniices are atways a clear sign of God at work among us.
It has also been wonderful to see new people continuing to come and find a home here. We need to develop
church attendees so that they become °members, not as members of a club, but as partners as we shift the
culture of church meetings.
My preaching and ministy have undergone a °paradigm shif in the last few years following the adoption of
the principles and praCtI￿S of the Further Faster Network (FFN). The FFN Conferen￿ was another highlight.
It was great to attend with a group from church, and I valued the Chan￿ to hear excellent teaching and to
see how much Kab'e and James, who came along. gained from the experience. The FFN material is all about
reaching people which resonated with me from the start and led me to rethink the way that I preach. breaking
out of the rut and looking again at how to communicate to all the church.
At present, a lot of my focus is on reshaping our ministry teams. I've been working with each one around
three key questions.. What are we he￿ foffi Why do we do ￿ How do we do it? The aim is that each team
develops a simple mission statement and works as a system rather than being dependent on just one person.
That way, if someone needs to step bacK the ministy continues and flourishes. This has already led to the
reshaping of the Welcome Team, which has been brough together with Prayer and Coffee into a wider
Sunday team. These ministries may sometimes be unde￿ated. but they are vital in making people feel
welcomed, cared for, and ready to meet the Lord. The 4 O'clock team has also been reshaped, and in time
we will work through this process Mfjth all our teams.
Alongside that, we are exploring a more effective way of managing volunteering, inspired by the Dream
Team model at Emsworth Baptist Church. The principle is to make volunteering simple, joined up and
sustainable. It will take some time to set up, but if s a significant step forbvard. And running alongside all this
is our strategic priority of discipleship
investing in how we can help people not just believe, but also to
become radical disciples of Jesus.
So there is much to give thanks for.. baptisms. youth, new families and others finding a home at Watnall Road",
teams growing in strength and clarity and much to look forward to as we continue together on this journey.
Blessings
Rev Simon J Robinson MA
Lead Minister

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Flnanclal Revlew
The financial statements for the year ended 31st March 2025 are presented in the fOrn￿t for submission to
the Charities Commission. The statement of financial activities and the balances are accompanied by a
series of notes. These notes provide details to help our understanding of the main statsments and are
contained on pages 10 to 20 of the accounts. Note 1 states the basis of the accounts in accordance with the
requirements of the Charities AGt 2011.
In summary:
Incoming resources of
Resources expended of
Net income (expenditure)
Actual gains on defined benefit pension scheme
Net rnovement in funds
£202,233
£200,161
£2,072
£0
(£189.887 in 2023124)
{£179,010 in 2023124)
{10,877 in 2023124)
(£0 gain in 2023124)
(£10,877 in 2023124)
Total income was £12.346 more than the previous year, whilst expenditure was £21.151 more than 2023124
resulting in a surplus of £2,072 compared with a surplus of £10.877 in the previous year (before actuarial gains
and losses in the deferred benefit pension scheme).
The followin9 table shows how we perfomied compared with the previous financial year in more detail and
how we performed compared with the budget the Church agreed for 2024125.
2023124
Income
2024125
2024125
2024125
Varfance
Actual to
Budgot
Actual
Budget
Actual
158,977
8,901
10,760
donations and legacies
rent re￿Ived
engage gifts
146,012
9,575
8,048
168,789
8,929
8.048
22,777
(646)
1,877
9,372
interest
coffee shop
Other income
Total Income
2,000
10.000
4,713
10,715
2,713
715
189,887
Wrthin the donations and legacies total, offertory income increased by 16% and was £22.777 more than budget
as a result of new people being welcomed into fellowship and committing to the Church. The increase in
Inte￿St resulted from the investment of £40.000 on a fixed, one year term with the Baptist Union Corporation.
Inccme from the coffee shop continued to increase. however turnover at Engage Gifts fell by £2,712 to £8,048.
Engage Gifts made an operab'ng loss of £13,484 and with a new landlord having acquired the propety and
notifying us of his intention to double the rent, the decision was been taken to cease trading at the end of
November 2024.

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
2023124
expenditure
2024125
2024125
2024125
Variance
Actual to
Budget
Actual
Budget
Actual
13,970
165,040
engage gifts
expenditure on charitable activities:
21,532
179281
21,532
178629
652
179,010
total expenditure
200 813
200 161
652
189,887
Total Income
175,635
202.233
26,598
10,877
Surplus or (Deficlt) For The Year
Expenditure on charitable activities was £652 less than the budget and £13,459 more than the previous
year. The table below shows an analysis of this varian￿. trlhilst tninisty ￿sts were £24,609 less than
budget as a result of our inability to appoint a new Youth Worker. expenditure on the upkeep of premises
was also above budget by £20,082.
2023124 Expenditure on Charltable Ictivitles:
2024125
2024125
2024125
Varfance
Actual to
Budget
Actual
Budget
Actual
88,231
31,496
44,267
1,046
ministy
mission
upkeep of church premises
governan￿ costs
Total expenditure on charitable
activities
110,905
29,965
38.411
86,296
32,740
58.493
(24,609)
2,775
20,082
165,040
It is pleasing to note that support for mission was £2,775 more than we had budgeted. Giving to causes
included.'_
BMS World Mission
BMS Home Mission
Children, Families and Young People
Vdorship Group
Welcome Churches
Grahamstown Baptist Church (Coffee Moming)
Renew 34 and Outreach
Coffee Shop
Others
£7,760
£7,760
£3,664
£159
£360
£416
£1,953
£8,073

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
The Balance Sheet (Financial Position at 31st Ma￿h 20251
The balance sheet shows total net assets at the year end of £424,829 (£422,784 at 31 st March
2024).
Cash at the yearend was £141,460 compared with £133,743 at the p￿VIouS year end.
Net current assets totaled £164.321 an increase of £9.981 over the previous year-end.
Debtors included £15,077 gift aid whilst cash hokdings include £85.782 invested with the Baptist Union
Corporation on a fixed one-year term with 5% interesL
The Trustees annual report was approved on and signed on behaff of the Trust&s by:
Rav S J Robinson
Trustee

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the financial statements for the year ended 31 st March 2025, which comprise the statement of
financial activities, statement of financial po&tion and the related notes set out on pages 8-21.
Responsibilities and Basis of Report
As the Charity Trustees of the Trust you are responsible for the preparation of the accounts in accordan
with the requirements of the Charities Act 2011 (the ACV).
I report in respect of my examination of the Trusys accounts carried out under Section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directtons given by the Charity
Commission under Section 145(5)(b) of the Act.
Independent Examinerfs Statement
I have completed my examination. I can confirm no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respecL
Accounting records were not kept in ￿SpeCt of the Trust as required by Section 139 of the Act; or
The accounts do not accord wrth these records; or
The accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fair view which is not a matter considered as part of an independent
examination.
I have no cOn￿mS and have come across no olher matters in connection with the examination to which
attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
ARRPrl￿FCA
For and on behalf of Pells
Institute of Chartered Accountants in England and Wales
17 Newstead Grove
NorriNGHAM
NG14GZ

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
STATEMENT OF FINANCIAL ACTIVITIES
2025
Unrestricted Restrirted
Funds
Funds
2024
Total
Funds
Total
Funds
Notes
Income and endowments
Donations And Legacies
Charitable Activities
Other Trading Activities
Investment Income
Coffee Shop
Other Income
166,442
8,929
8.048
4,713
10.715
1,039
2,347
168,789
8.929
8,048
4,713
10,715
1,039
158,977
8,901
10.760
1,877
9,372
Total Income
199,886
2,347
202,233
189,887
Expenditure
Expenditure on raising funds:
Costs of other trading activities
Expenditure on charitable activities
21,532
176,282
21,532
178,629
13,970
165,040
io/ii
2.347
Total Expendlture
197.814
2,347
200,161
205,489
Net (Expenditure)/lncome and net
rnovement in funds
2,072
2,072
10,877
Actuarial Gains/{Losses> on Deferred
Benefit Pension Scheme
Net Movement in Funds
2,072
2,072
10.877
Reconciliation of funds
Total funds brought forward
420.980
422.757
411880
Total funds carried forward
423,052
1.777
424,829
422 757
The stalement of financial activities includes all gains and105ses recognised in the year. All income and
expenditure derive from continuing activities.

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
STATEMENT OF FINANCIAL POSITION
2025
2024
notes
Fixed Assets
Tangible Fixed Assets
15
260.528
265,444
Current assets
Stocks
Debtors
Cash at Bank and in Hand
16
16,666
16,097
133,743
17
28,686
141,460
170,146
166,506
Creditors: amounts falling due within one year
18
(5.825)
{9,166)
Net Current Assets
164.321
424,849
157,340
422,784
Provislon for Liabilitie5
Defined benefit pension liability
19
20
27
Net Assets
424,829
422,757
Funds of the Charity
Unrestricted Funds
Restricted Funds
423,052
420,980
1,777
422,757
Total charity funds
20/21
424,829
These financial statements were approved by the Board of Trustees and authorised for issue on
and are signed on behalf of the Board by:
Rev S J Robinson
Trustee
The notes on pages 10 to 20 fonrj part of these financial statement

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE FINANCIAL STATEMENTS
1 General Information
The Charity is a registered Charity in England and Wales and is unincorporated. The address of the
principal office is 33 Vvatnall Road, Hucknall, Nottingham. NG15 6SG.
2 Statement of Compllance
These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting
Standard applicable in the UK atKI the Republic of I￿land,, the Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) {Charits'es SORP (FRS 102)) and the Charities Act
2011.
3 Accounting Policies
The financial statements are prepared in sterling, which is the fvnctional currency of the entity. The financial
statements have been prepared under the historrAI cost convention. The financial statements have been
prepared in accordan￿ with the requirements of Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard for Smaller Entits'es (effective January 2015) (SORP 2015).
in
There ere no material uncertainties about the Charity's abilty to continue.
Al
The entity satisfies the criteria of being a qualrfying entty as defined in FRS 102. As such. advantage has
been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102.. (a) No cash
flow statement has been presented for the Charity.
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the purposes of the
Charity. Designated funds are unrest￿ed funds eamiarked by the Trustees for specific purposes. Restricted
funds are subjected to restrictions on their expendtture imposed by the donor or by an appeal.
Income
All income is included in the statement of fi'nancial acb-vities when the Charity is entitled to the income, any
performance related conditions attached have been met or are fully within the control of the Charity, the
income is considered probable and the amount can be quanlified with reasonable accuracy. Tha following
specific policies are applied to particular categories of income.
Donations and legacy income received by way of donations. legacies. grants and gifts and is
included in full in the statement of financial activities when receivable. whe￿ legacies have
been notified to the Charity but the criteria for income recognition have not been met,
the legacy is treated as a contingent asset and disclosed rf material.
Grants. where entitlemenl is not conditional on the delivery of a specific perfomiance by the
Charity. are recognised when the Charity becomes unconditionally entitled to the grant.
Investment income is included when re￿1Vable.
Income from charitable trading activity is accounted for when earned.
10

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE FINANCIAL STATEMENTS (Continued)
3 Accounting Policies (Continued)
Expenditure
Expenditu￿ is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT
which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its
activities and services for its beneficiaries. It indudes both costs that can be allocated directly
to such activities and those costs of an indirect nature necessary to support them.
Other expenditure indudes all expenditure that is neither related to raising funds for the Charity
nor part of its expenditure on charilable activities.
All costs are allocated between Ihe expenditure categories of the SOFA on a basis designed
to reflect the use of the resource. Costs relating to a particular activity are allocated directly,
others are apportioned on an appropriate basis, as set out in the notes to the accounts.
All fixed assets a￿ initially ￿Orded at cost and are subsequendy slated at cost less any accumulated
depreciation.
All assets where the cost of the item is over £1.000 are capitalised.
Depreciation is calculated so as to write off Ihe cost or valuation of an asset. less its residual value. over
the useful economic lrfe of that asset as ft)Ilows:
Church premises
2% straBht line
Equipment
20% reducing balan
The Manse is not dep￿lated since the Trustees cx)nsKJer the residual value to b8 V￿11 in excess of the carrying
value.
Land is not depreaated.
IA
A ￿VIeW for indicators of impairrnent is carried out at each reF(xling date. with the recoverable amount being
estimated where such indicators exist. Vlthere the carrying value exceeds the recoverable amount, the asset
is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For
the purposes of impairment testing. when it is not possible to estimate the recoverable amount of an individual
asset, an estimate is made of the recoverable amount of the cash generating unit to which the asset belongs.
The cash generating unrfc is the smallest identifiable group of assets that includes the asset and generates
cash inflows that are largely independent of the cash infiows from other assets or group of assets.
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost
includes all costs of purchase, costs of conversion and other costs incuffed in bringing the stock to its present
location and condition

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE FINANCIAL STATEMENTS (Continued)
3 Accounting Policies (Contlnued)
A financial asset or 8 financial liability is recognised only when the enb.ty becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or
payable including any related transaction costs. unless the arrangement constitutes a financing transaction,
where it is recognised at the present value of the future payments discounted at a market rate of interest for
a similar instrument. Current assets and current liabilities are subsequentty measured at the cash or other
consideration expected to be paid or received and not discounted.
Defined contributs.on Plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related
seniice is provided. Prepaid contribub'ons are recognised as an asset to the extent that the prepayment will
lead to a reduction in future payments or a cash ￿fund.
Defined Benefrt Plans
The Church is an employer participating in The Baptist Pension Scheme (The BPS) in respect of making
eficit payments for past Sewi￿ of Ministers.
here the plan is in deficrt and where the Church has agreed wrth the plan to participate in a deficit funding
a￿angernent the Church recognises a liability for this obligation. The amount recognised is the net present
value of the contributions payable under the agreement that relates to the deficit. The amount is expensed in
the Statement of Financial Activities. The unwinding of the discount is recognised as a finance cost.
A liability for the agreed pension deficit is shown on the balan￿ sheet
12

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Unrestrictsd Restricted
Funds
Funds
Total
Funds
2025
Total
Funds
2024
4 Donations And Legacies
Offerings
Donations
Income Tax Recovered On Gifts
125.271
1.190
29,981
125,271
1.190
30,065
123.831
1,141
29.794
Raised For Other Causes
Other
Legacies
2,263
2,263
3.284
927
10.000
Total Donatlons And Legacies
166,442
2,347
168.789
158,977
S Charitable Activities
Rents and Contributions For Use Of
Premises
8.929
8.929
6 Other Trading Activities
Shop Income- Engage Gifts
8,048
8,048
10,760
7 Investment Income
Bank Interest Receivable
4.713
1,877
Coffee Shop
10.715
Costs Of Other Trading Activities
Purchases
Stcck Movement
Rent
Rates
Utilities
Insurance
Sundry
17,247
17,247
6,657
(153)
4,420
141
2,316
511
78
3,003
96
993
162
31
3,003
96
993
162
31
Total Cost Of Other Trading Activities
21.532
21,532
13,970
13

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
NOTES TO THE FINANCIAL STATEMENTS (Continued)
Expenditure On Charitable
10 Activities
2025
Restricted
2024
Total
Unrestricted
Totsl
Ministry
Wages And Salaries
Employer's NIC & SSP
Pension Costs
Manse Upkeep
Minister's Books and Materials
Minister's Travel
Mentoring Costs
Visiting Ministers
61.764
1.455
6,063
3,426
907
61.764
1,455
6,063
3.426
67,087
2,265
5,958
3,171
687
380
397
145
1,140
145
1,140
160
475
Ministry Sub Total
75.280
75,280
80,2LX)
Support Costs
Communion
Telephones Inc Mobiles
Printing and Stationery
Subscriptions
Website
Course5 and Conferences
Database
Sundry Expenses
17
1,606
2,233
4,016
519
1.125
318
1,182
17
1,175
2,758
2.322
814
894
2,233
4.016
519
1,125
318
1.182
68
Support Costs Sub Total
11.016
11.016
8,031
Total Ministry
86.296
86,296
88,231
Mission
Given To Other Ca uses
Children, Families and Young People
Worship Group/AV
Flowers
Coffee Shop
Catering
Renew 34
15,919
3,664
159
2.347
18,266
3.664
159
209
8,073
416
545
18,830
1,903
1,824
8,073
416
7,592
250
545
1.408
Outreach
473
Total Mission
30.393
2.347
32,740
31,496
14

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
2025
Unrestrlcted Restricted
2024
Total
Total
Upkeep Of Church P￿rnISeS
Wages and Salaries
Employetrs NIC
Pension Costs
Light and Heat
Repairs and Maintenance
Furniture and Equipment
Insurance
Cleaning
Depreciation- Land And Buildings
Depreciation- Equipment
12.514
12,514
79
616
14,265
11,225
2.031
4,550
1,911
5,867
4,140
11,367
31
555
11,262
3,119
713
616
14.265
11.225
2.031
4￿50
1.911
s￿67
4,140
3,871
2,745
5,867
3,902
57.198
57,198
43,432
Support Costs
Communion
Database
Telephone
Printing and Stationery
Subscriptions
Website
Course5 and Conferences
Finance Cost {Pension Deficit)
Sundry Expenses
35
35
178
263
178
263
131
306
258
90
42
58
182
58
182
131
131
1,295
1.295
835
Total Upkeep Of Church Premises
58,493
58,493
44,267
Governance Costs
Examiner's Fee
1,100
1,100
1,046
Total Expenditure
176.282
2,347
178,629
165,040
15

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
Support
Costs
Total
Funds
Actlvlty
11 Analysis Of Expenditure On Charitable Activities 2025
Ministry
Mission
Upkeep of Church Premises
Governance Costs
75,280
32,740
57,198
1,100
11,016
86,296
32,740
58,493
I,ioo
1,295
166,318
12,311
178,629
Analysis Of Expenditure On Charitable Activities 2024
Ministry
Mission
Upkeep of Church Premises
Governance Costs
80.200
31,496
43,432
1.046
8,031
88,231
31,496
44,267
1,046
835
156,174
8,866
165,040
12 Independent Examination Fees
2025
2024
Fees Payable For:
Independent Examination of Financial Statements
I,ioo
1,046
13 Stsff Costs
Wages And Salaries
Social Security Costs
Employercontributions To Pensions
Manse Costs
74,278
1,533
6,679
3,426
78,454
2,296
6,513
3,171
85,816
90,434
Number of Ministry Staff
Number of Administrative Staff
Number of Caretaker Staff
14 Trustee Remuneration and expenses
Reverend SJ Robinson was a trustee of the Church and was also employed as the Lead Minister.
A salary, pension and Manse totslling £43,362 was paid to him in his capacity as Lead Minister.
Payments is made under the provisions of the constitution of the Charity.
No expenses have been paid to Trustees in carrying out their Trustee duties.
There are no employees who ￿ceiVed total employee benefits of more than £60,000.
16

WATNALL ROAD BAPTIST CHURCH
TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31ST MARCH 2025
15 Tangible Fixed Assets
Land And
Bulldlngs
Equipment
Total
Cost
At l April 2024
Additions
554,589
51,856
5,090
56,946
606,445
5,090
611.535
At 31 March 2025
554,589
Depreciation
At l April 2024
Charge ForThe Year
At 31 March 2025
304,754
5,867
310,621
36,247
4,140
40,387
341,001
10,007
351,008
Carrying Amount
At 31 March 2025
243.968
16,560
260.528
At 31 March 2024
249,835
15,609
265,444
16 Stocks
2025
2024
Stocks For Resale
16,666
17 Debtors
2025
2024
Income Tax Recoverable
Other Debtors And Prepayments
15.077
13.609
14,927
1.170
Total Debtors
28,686
16,097
18 Creditors: Arnounts Falllng Due Wrthin One Year
2025
2024
Tax And Social Security
Other Creditors
2.085
3.740
1,036
8,130
Total Creditors
5,825
7,309
17

WATNALL ROAD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (Continued)
YEAR ENDED 31ST MARCH 2025
19 Penslons and Other Post retirement Benefits continued
On 1st July 2022 an agreement was signed wtth Just Group to secure DB plan membetrs pension benefits as
a 'buy in policl, providing financial backing for all DB pensK)ns provided through the Scheme's DB plan
The time to complete the exercise of setting up individual pension arrangements is anticipated to complete
towards the end of 2024. Until the buY-<￿t and wind up are complete not all risks relating to the DB plan are
removed. The uncertainties include."
The sale values that will be achieved on disposal of residual investments;
The costs of operating the DB plan until completion of the buy out prO￿ss.,
the costs of the buy-out process., and
the cost of making any amendrnents to the DB plan to enable the buy-out to proceed.
It is expected that the assets of the DB plan will be sufficient to cover all costs and liabilities that remain.
However, it is possible that if things tum out worse than anticipated that further funds will be needed from
employers.
The Trustee and the Baptist Union have agreed that deficit reduction contributions will reduce to £1 per month
until June 2026. Currently, they do not anticipate reinstating the requirement to pay the full deficit reduction
contributions in the future. but cannot rule this out at this stage.
Deflned benefrt pension liability
2025
2024
Comprises."
Liability as at 1st April 2024
Deficiency contributions paid
Interest cost
Changes in deficit recovery plan and in assumpb'ons
27
(7)
39
(12)
20
27
18

WATNALL ROAD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (Continued)
YEAR ENDED 31ST MARCH 2025
20 Analysis of Charitable Funds
at
at
0110412024 Income Expenditure Transfers 3110312025
Unrestricted funds
Engage Gifts
Church Premises inc manse
Equipment
Emergency Fund
93,399 191.838
24,827
8,048
249,835
12,919
40,000
420,980 199,886
170,415
21.532
5,867
5.090
119,912
11,343
243,968
7.829
40,000
423,052
(5,090)
197,814
Restricted funds:
Raised for other causes
AV equipment
Momentum
2,347
2.347
976
801
1,777
976
801
1,777
2.347
2,347
Total Funds
422,757 202,233
200,161
424,829
Designated funds are unrestricted funds which have been designated by the Trustees for a particular
purpose and does not legally restrict the Trustees in how to apply these unrestricted funds that have been
earmarked.
Engage Gifts Shop fund- for the operation of the Engage Gifts Shop.
Church Premises and Manse Fund - Represents the net book value of the church and manse premises.
Equipment Fund - The transfer represents capital expenditure on equipment during the year
Emergency Fund - This fund is maintained to ensure adequate funding is available to support the ongoing
operation of the Church.
Restricted Funds
Raised for other causes- Specific appeals made by the Church for various charities.
AV Equipment - Funds towards audiolvisual equipment for the Church.
Momentum- To help men minister, to men.
21 Analysis of net assets between funds
Unrestricted Restricted Total Funds
funds
funds
2024
Tangible fixed assets
Current assets
Creditors less than one year
Provision for liabilities
260,528
168.369
(5,825)
20
260,528
170,146
15,825)
20
1.777
Net assets
423 052
424 829
Analysis of net assets between funds
Unreslricted Restrtcted Total Funds
funds
funds
2024
Tangible f￿ed assets
Current assets
Creditors less than one year
Provision for liabilities
Net assets
265,444
164,729
(9,166)
27
420 980
265,444
166,506
(9.166)
27
422 757
1,777
19

WATNALL ROAD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31ST MARCH 2025
22 Related Parties
The totsl amount of donations received from Trustees and related parties without conditions amounted
to £53.361 (2024. restated £51.575).
The Tnjstees of the church propety including the manse are the East Midlands Baptist Trust Company
Limited (company number 00178555).
20