WHIThLESEY BAPTIST CHURCH 32 Gracious Street Whittlesey Peterl)orough Cambridgeshire Charity No. 1144576 Financial Statements for the year ended 31 March 2024
Contents Page Legal arKI Administrative EnfomiatSon Report of The Trustees Independent Examinerfs Report Statement of Financlal Actlvltles Balan Sheet Notes to the Flnanclal Statements
Whittlesey Baptist Church Legal and Admlnistrative Inforniation Address 32 Grach)us Street Whltdesey Peterb)rough Cambrge$hlre PE7 Correspondence Address G Sayer 44 Bellmans Road Whitdesey PE7 ITY Trustees P KLEdecha [Pastsir] G Sayer [Elder] S PhilFott [Elder] D J Kiw (Ekler) R Busby IDeacon] J Johnson ICleacon] Bankers Natkxol Westmlnster Bank pk 2 Market Street Whitdesey Petethrough PE7 IBE CAF Bank 25 Kir@s Hlll Aven KlThJs Hill West Malllng Kert ME19 4JQ Independent Examiner CJDyke C J Dyke & Company Chartered Accountsnts The Old Pdte Ststion Prknry Road St Ives PE27 58B
Report of The Trustees of Whittlesey Baptist Church for the year ended to 31 March 2024 The Trustee5 of Whittle¥ Baptist Churth, Cambridgeshlre, have plere in presenng their Annual Rep)rt for the year eThJed 31 March 2024, The Flnancial Statements have been prepar In accordan the Ststement of R&ommeTrJed PractKe ISORP] 'Accounting Rep)rttng by Charitw Wls1d in Marth 2CKI5. Constitutlon The Church was set up by trust dated 1769 and ts 9)vned at presert by RU fonnulatsj In 1977 and adopted by the Trustees on 20 Juty 2011. The Churth was wtstered th the Charjty CLMISsion on 8 NoVnr 2011. There are no sFectfic restrKUons contsln&d in the govemlng dEnt whkh Ilmlt actlvlues or any InvesiTW)t gfven to the Trusttrs. The Tnts named on page 3 have serv&1 throughout the unless otherwlse stated. The Trustees are the Cacons and Elders. The Trustees are respjnslbte for tre control and management of the Church and a appointed members of the Church. No Trustee has a tenefldal Interest In Charty. Objectlves and Organl8atlon The Church is an IndeFendent ktal Free Church hokllrKJ to Bapttsuc dcctrlnes and Its maln purpose is to prodalm the &)spel of Jtsus Chr&t to those in the htourhc(md Whe It Is sltuatsd. At the year there Vltre employees, the Pastor and a ckaner. There are three unpakl Elders, Geoff Sayer, t)oug Klng and Steve PhilFott. Our Elders are re¥x)nsSble for the splrltual leadershlp of tr Church. The rwnalnlng Trustes are Oeacors of the Church. Afflllatlonl The Church Is a pacIpatIng olurch of Gr Ba Mlsskjn. The prlmary actlvlty of the Church is to malntsln the work of prodalmlrKJ the Gospel of Jesus Christ In the area, together wrth the care of the memters of tr Church and congregatkjn. Whlttlesey Bapust Churth The th amongst all age groups has continwl, th provisbn In many athwtses for the attendance of those wfth no other connectk)n with the urth. Thls is particukirty relevant In relation to act[vIt$ for yourKJ pIe on ek nlghts
Other monies are given sreofically for varkms nStfan charrties which are IJEn pas over. Durlng the year these amounted to £1,865. Our Wlcy is to build and maintsln a margin of funds to cover ab)ut 3 to 6 months of expendlture. The comblned reserves held at the Balance Sheet date show that the Charity currently has suffiCnt funts to cover 6 rnnths [£40,OCKI] of overall expenditure. The Trustees have the major risks to whtch the Tharty ts exFod both financval arbj reputstlonal. Issues considered are t 5e9regan of duties in the handllng of offerings and fInan generally, t regular review of premtses for Health and Safety purposes and the provlsion of a Chlld ProlOn Pdicy. our stsff and volunteers who work with chlldren and young Peop have deared a DBS cFck. Statement of Trustw. Responslbllltles In RPect of the Accounts The Charity's Trustes are responsible for preparfThJ Ftnandal Statements for &ich flnanthl year that gfve a true and fair vlthy of the Charivs Incomlng rescNJros aThJ appllcadon of resour5 durlng the Ferlcd and of Its state of affalrs at the eTrJ of tl peri¢xl. In preparing the FlnancL41 StsteffEnts, the Trustees are to.. select sultable accountrng Oides ttren apply them conslstently,. • make Judgements and estlmatss are oasonable arbj prLMknt' prepare the financial statements on g)ing corKern ba5 unless ttls Inapproprfate to presu that the Charity wlll continue in bustness. The Trustees are resFble for keeplNJ prow accountlng records whth disclose wth reasonab accuracy at any tlme the finanaal F)Sition of the Charfty and enable them ensure that the Flnandal Statements c(Mnpfy* with the arttles Act 1993. They are a19) responslble for safeguarding the assets of the Clk]rlty and ft)r tsktno reasonabla stsps for the prevenuon aThJ tsteciion of ft3ud and rther Irregularltks. Approval Thls rert was appr by the Trust&s on 4h June 2024 and on thelr Ihall. G L Abblltt Treasurer
Independ•nt Examlnerfs Report to the Trustee5 of Whittlesey Baptist Church I report rm tr fv<rts Chwch trthe etNled 31 Mah 2024. wthkh ère srtThrt on page5 7toll. The Charws Tnthe5 cwder that an Is Tewved for yiod [ur#ler knn 43(2) oft rfties kt 1993 (the kt), 15 ameThknJ Jyrf SectyM 28 of the ae5 P<t 26] arKf t an lThdependEnt eyamlW(on is needed. It Is rrry fe5ponsility to.. . exankne 43 P4 as folbw the pr£(edu5 lad down In the General Cths 9tr4en ty the Qwliy Cornr510n [under sth 4317)(b) of the as affrKled] arKf: Basls of Indep•ndtnt Examlnerfs Ststam My examimkn w¥ the Genernl Dlrethn5 gfven by the Chartty Cornmlssljn. kn examlnatkn) Iude5 a r¥ ofthe acc1n9 record5 kept Lry the Charity aThJ compariws ol the Accwnts wth thxe rec&#s. It alxj callshkntron of LmUSual ems or ithscbss in the kjnts aThJ Srj explanakns fmm tr Trustees c¢xKem 4ny matters. The pfc(edures dertsken do al bk e¥klertr th)t woukl be reQrttl tn an wdl¢ and con5equwrtty I do exwess an audt op)i on the Accounts. Ind•pknd•nt E¥•mln•rfs St•twM rn the ewrst ol my matter c(The to my &tertkn: l. whlch me cause to tw kn any m)terW re5K Tnrtees hm mot ' wowr acan9 fecords we (In acaxdw Alth 41 rfth• *£tl' requlrements of the kt.. or 2. to whbl, In my okknbn. attentkn str1 te dr•wTt in ¢yd•rto woble • d•¥d¥j oftr ActtsJnts to be readd. Cjtyke CJ Dyk• & CompaTry Uwrtered Accountants The Old Polke Ststlo Prlory lio•d Stzv PE27 5Ba J£ S[ 2024
Statement of Financlal Actfvities for the ear ended 31 March 2024 Fur Ful Ymr 2023 Fund• Inc¢)rnlng r•wurt•• from o•Mrntsd fvn Vall Inc 9119 1C¢g)4 104582 Tol•l Incomlng rn•ou 9419 110392 104032 102230 97173 Gov•rn•n¢• ¢o•ts 99326 1022 971n 1647 861S 81e2 7459 Totsl fund• brou¥ht 1 AprN 2023 47614 15709 63323 55863 7146S 63322
Statement of Financial Activities for the ear ended 31 March 2024 2024 2023 Ji-. Dèbtors Cash al bank and in hand 71485 cu 71485 83322 Creditors N•tA•sots 71485 63322 Unreslrioted Funds 47613 Roslri¢ted Fund8 15709 71485 63322 Approv•d by lh• tru•t••• on 4th Jun• 2024 and lln•d on th•lr b•h•ll by G L Abblltt ITr•tsur•r)
Notes to the Financial Statements for the year ended 31 March 2024 Accounting Pollcies Accountlng Convention The Finanaal Statements have been prepared under the historical cost convention and In accordance wlth applicable accounting standards. statsment of Recommended Practlce- Ac(ountlng and Reportlng ty Charltles The Financlal Ststements have en prepared in accordan wlth the Statanent of Recommended Practl [SORP] "Accounting and Reporting by Charlties- published in March 2005. Cashflow The Flnanclal Ststements do not indude a cashflow statement beouse the Charlty, as a small reportjng entity, Is exempt from the requirement to prepare such a statement under Finandal Reporting Stsndard I "Cashflow Statements". Xncome Income Is accounted ftjr on a receivable basls and allcKated to unrestricted funds and restrlcted funds as appropriate. Where Income Is due to the Grace Baptst Mission at the pertod erKI, thls Is accrued. Legades Recelved Legacles received are credlted to the Statsment of Ftnanclal Activities on a re1vable basls. Where a payment Is received or notifled as receivable after the accounting year end, and It has dearfy been agreed by the personal representsttves prior to the period end, then tt is accrued in the Ststement of Ftnancial Acuvlties and the Balance Sheet. Expenses Resources expended are recognlsed as a Ilabilty when tr* thurch is commltted to the expendtture. Tanglble Assets All capltsl Items are recorded at cosL They consist of chalrs, tsbles, organi pianos, kitchen equipment, toys and the public address system. All tsngible assets are wrrtten off In the year of purchase.
Freehold Pr jses The Church is the teneficial owner subject to rdevant Trusts of the following prOpee5. the Chapd and Hall premises at 32 Graaous StreeL Whittlesey; the House at 32 Gracious StreeL Whittlesey legal title to which Is held by the Trustees of those Tnjst Deeds currenty the East Midlands ASiatIOn of Gra Bapttst Churches Ltd. Pension Costs Contrlbutlons to the employees, Indwidual penon scheme5 are charged to expenditure In the year In which they are due. Related Party Dlsclosures Donatlons from Trustees and their related partj'es, amounted to £26,050 durfng the year. io
Statoment of Financlal ktlvlll•s for th• ond•d 31 March 2024 Balance 1 Aprfl 2023 Incoming Outgoing r•sourco8 Balance 31 March 2024 2 Unr•strlctsd Fund• Genwd FurKI 47614 100973 99326 49261 Designated FurKI 15709 9419 2904 63323 110392 102230 71485 BJl•nc• 1 Aprfl 2023 Incomlng ourc•• Outgolng Balanc 31 March 2024 3 R08cted Fund• Bullding Fund Hardship Fund Sundry Grant Fund Rent Fund 1723 333 1723 2328 3075 12634 15709 7383 9419 1824 2904 18173 R•l•t•d p•rty tranMcll¢)n¥ No trustees rxelv•d expen8ey for attendance at meetings. No othw tranwtlons were carried out th any related parties durlno the pericKI end8d 31 March 2024 4 Staff coJt• 2024 Iluml 2023 Numb•r Average number of fulklime •qulvalent durirwJ Ihs year