WHIThLESEY BAPTIST CHURCH 32 Gracious Street Whittlesey Peterborough Cambridgeshire Charity No. 1144576 Financial Statements for the year ended 31 March 2023 Contents Page Legal and Administrati￿ Infonnatton Report of The Trustees Independent Examlnerfs Report ststement of Flnanclal Actlvltles Balan￿ Sheet Notes to the FlnarKlal Statements Whittlesey Baptlst Church Legal and Admlntstrative Inforniation Address 32 Gr￿>￿5 Street Cambrwire Correspondence Address G Sayer Eellmans Road PE71 Trustees P Kosc*th [Pastr*] G Sayer [Ekler] S PhilFott [EbJer] D J King (Elder) A M Gray [Deal￿n] R Busby [Deaeon] J Johnson [Dexon] Bankers Natk)nal Westmlnstw &ink pk 2 mar￿ Street Wh Peterbjrough PE7 IBE CAF &nk 25 Kirvjs Hill A￿nue Kings Hill West Malllng Kent ME19 4JQ Independent Examiner CJ Dyke C J Dyke & Cunpany charter￿ Accountants The Old Polte Ststion Prlw Road St Ives PE27 5BB Report of The Trustees of Whittlesey Baptist Church for the year ended to 31 March 2023 The Trustee5 of Whittiesey Baptlst Cthurch, Cambrty5hire, have pleasure In presenttng thelr Annual Rewrt for the year e￿ 31 March 2023. The Finandal Ststements have been p￿pared in aCcOrda￿e ￿th the Statement of Rec(Ynmended Prattice [SORP] "Accountjng ar￿ Re￿￿tIng Charities. published in March 2(N)5. Constitutlon The Church was set up by trust dated 1769 and iq goverred at wesent Ruks fomiulated in 1977 arKI adopted by the Trustees on 20 Juty 2011. The Churdj was registered with the Charlty Commissfon on 8 November 2011. There are no spectfic restrfcuons contsin&J in the govemlr¥J docu1￿ whkh Ilm￿ ts tiv￿5 or any SFecSfic invthent Fthyers gfvi to the Trustees. The Trustees nan￿d on page 3 have served throughout the perkAI unless otheTwlse ststed. The Trustees a￿ the Deacons and Eklers. The Trustees are resp)nsible for the control and management of the Church and are appolrtd by the mwnbers of the Churth. No Trustee has a tenefidal Snterest In ts Charlty. Objectlvu and Oryanlutlon The Church Ss an Independent hxal Free Church holdlng to Bapdstlc dc(trines and its maln puryx)se Is to prodalm the &wel of Jesus thrlst to those In the ne￿hbQurh￿￿ Whe￿ it Is sltuated. At the year end there were ttryo empknffts, the Pastr a deaner. There are three unpakl Ekders, Geoff Sayer, Doug Kin9 and Steve Philwtt. Our Elders are re5ponslble for the SPlrStual leadershlp of the Church. The rsn)InirwJ Trustees are Dexons of Church. Afflllatlon• The Churth Is a rwntw of the AssLTht*)n of Gra￿ Bamlst ThUrd￿ twest Anglla] and a partldpaUrKJ church of Gra￿ Baptst Mi55K)n. 1mary actyvty (rf the Churth Is to malrtaln tr* work of P￿￿501m1rWj the &)spel of Jesus Chrlst In tr￿ area, tOge￿r wlth ts care of ￿ ff*mber5 of the (Jurth and congrlyation. Whlttlesey Baptist Churth The work amNJst all age groups has CortIn￿l, wlth pr￿[slOn In many *ivitEs for the attendan￿ ￿ t￿e th no other connection wtth the This is particularly relevant In relatth to our ath1t￿ for ￿le on week nights Other monies are given speafically for various Chrisban charityes wh￿h are then passed over. During the year these amourtaj to £1,505. Re8ems Pollcy Our wlicy is to build and maintain a maryin of funts to c(y￿r at￿ut 3 to 6 months of exwditure. The combined resew PEld at the Balan￿ Sheet date show that the Chartty thrrenuy has suffi¢Jent funds to ctrrfer 6 ft￿nths [£40,000] of o¥trnll expenditure. Risk Revlew The Trustees have revlewed the rlsks to whlch the (Jarlty Is exws&l trt)th flnandal a￿1 reputstlonal. tssues considered are the segregation of duties in the handling of offerfngs and finan￿ generally, regular review of ￿ F*emises for Health and Safety purFoses and the provlslon of a Chlld PrOteCtk￿ Pollcy. All our sraff and volunteers who w)rk wlth chlldren and w)ung peopk ha%e c*ared a DBS che£k. The Charlty's Tnjstees are resp)nsStAe Fry)arfng Flnanclal Statements for each finandal year that gfve a true and falr vlthv of the Charlvs IncomlrwJ re9)Ur￿ and applicatwjn of resour￿ durlng the ￿rIL￿1 and of ts stste of affalrs at the end of the Per￿1. In P￿Par1￿j the Hnanclal Statements, Trustees are requI￿d to: • selett suitable accountlng polkjes and ap￿ thwn conslstenty; . make Judgements and estlmates that a￿ rea50Th7ble ar￿ pnAlert; prepare the flnandal statenknts on the concern basls unk5s It Is Inapproprlate to presume that the Charfty wlll o)ntlnue In buslness. The Trustees are resp￿[ble for keeplThJ proper aca)untlw records vthlch dtsck)se wlth reasonable accuracy & any tlme the flnarKJal t#)sit*Jn ￿ the Charfty and erkible them to ensure that the Flnanclal Statanents compty with the Charftles ALt 1993. They are also respjnslble for safgjuardlng the assets of the Charty and hen￿ for tsktng rea9)nabk steps for the preventbn and d&ecthn of frathl and other Irregukrlts. Approval Thts report was approval by the Tnthes on 6th ju￿ 2023 atKI *ned on thdr ￿ha￿. G L Abblltt Treasurer Indwtht Examlnerfs Rewt tt• the Trystees of Whlttlesey Baptist Churth 7toll. Tre ChartYs Tn6tee5 ttr4tan ryred ftr this lurth sell￿ 4312) ¢Ythe Charit*s 1993 (the kt). as sed*￿ 28 Ch•ths kt 2CI%I aid th•t an MlepeThJent ￿nina1￿1n is neetsj. It15 ry resix)￿lY 10: . ft4kx¥the 1th1 Sn the Genernl Iw Ihe C(Mn￿S1On [u g•lr•143(7Xb) af the *4 as arwKJEd] aThJ.' toerwe th CJDwk• C J Dyk• & com￿nY The Old Polkn Stiti¢ PE27 5BB January 2024 ststement of Flnanclal Actlvltles for the ear ended 31 March 2023 Yoar Fundl Fund• Fund• 2022 VdLml8ry Incomè 95257 99353 In¥e8lm8nt Ir￿orn? T4)tal In¢omln4 M•¢>w¢ 104632 99355 Ch•rh•bl• *¢tl¥lil•• 3171 97173 88722 2246 3171 97173 90968 6154 745& 8387 Tot•1 lurKh brouqhtfor*•rd l Aprfl X+32 9555 47478 47813 15709 63322 SS863 Statement of Financial Activities for the ear ended 31 March 2023 2023 2022 rr•nt Deb Cash al b8nk in hand 55863 Cr&JltOTS Net AM•t• 63322 55883 Unr•strl¢2ed Funds 47013 46308 Rostri￿ed Funds 15709 83322 55863 Approved ty th• tru81•ts on 6th Jun• 2023 •nd •lgn•d on thdr b•h*ll by G L Al)blltt ITro••urnr) Notes to the Financlal Ststements for the year ended 31 March 2023 Accountlng Policies Ac¢ountlng Conventlon The Flnanoal Statements have prepared un￿r the historical cost conventSon and in accordan￿ wlth applicable accounting standards. Statement of Recommended Practlce- Accountlng and Reportlng by Charltles The Flnancial Statements have been prepared in acc<)rdance wlth the Statement of Recommended Prathce [SORP] "Accountlng and Reporttng by Charfues" wblished in March 2005. Cashflow The Flnanclal Ststements do not Indude a cashflow ststement because the Charity, as a small reportlng entlty, Is exempt from the requirement to prepare such a statement under Flnandal Reportlng Standard I "Cashflow Statements". Income Income Is accounted for on a receIval￿e basls and allocated to unrestricted fvnds and restrftted funds as approprlate. Where Income is due to the Gra￿ Baptist Mission at the period end, thls is accrued. Legacles Recelved Legacies recelved are credlted to the Statement of Flnanclal ArtE*thUes on a ￿e[Vable basls. Where a payment is re￿iVed or notified as recelvable after the accounting year end, and it has clearfy been agreed by the personal representatlves prfor to the perfod end, then It Is accrued in the Ststement of Financial Attivities and the Balance Sheet. Expenses Resources expended are recognised as a liabilty vh)en the Churth is committed to the EKpendlture. Tanglble Assets All capltal items are recorded at cost. They consist of thairs, tsbles, organ, pianos, kitchen equlpmen¢ toys and the public address system. All tangible assets are vffikn off in the year of purtha5e. Freehold Premises The Church is the beneficial owrEr subject to relevant Trusts of the following properties: the Chapel and Hall premises at 32 Graaous StreeL Whittlesey. the House at 32 Graaous Stree( Whlttlesey the legal tltle to wthich is held by the Trust￿ of those Trust Deeds currently the Midlands Assoclatton of Grace Baptlst Churches Ltd. Penslon Costs Contrlbutlons to the employees, indlvldual penslon schemes are charged to expendlture In the year In whlch they are due. Related Party Disclosures Donatlons from Trustees and thelr ￿lated parties, amounted to £23,460 durfng the year, io Stat8m•nt of Flnanclal Acdvlll•8 for th• yaar gnd•d 31 lIa￿h 2023 Balance 1 Aprll 2022 Inc¢)mlng Outyolng BAlanc• 31 March 2023 2 UnrMtrl¢tod Fund• General FurKI 95307 94002 47613 DeshJnated Fund 9555 9325 3171 15709 55863 104632 97173 63322 Ou41olng B•lanc• 31 March 2023 1 Aprll 2022 3 RMtrlct•d FWM Building Fund Hard8hip FurKI Sundry Grant Fund Rent Fund 3075 3075 1671 7884 9555 1871 1500 3171 8250 9325 12634 15709 R•l•l•d p•rty tTrn•acllon• No Iruslees recetved expenses for attendance at rneeti￿s. No other tran￿(lOn3 V￿re carded OLrt with any r•lat•d partte5 during tho perlod •nded 31 March 2023 4 Staff co•1* 2023 HUm￿r 2022 Numbar Averap number of fU￿time ewrrdlent empltrffjas during the year 11