Corsham Baptist Church Priory Street, Corsham, Wiltshire SN13 OAS
YEAR END ACCOUNTS For the Year ended 31 August 2025 Charity Registration Number: 1148492
## Contents
Report of the Trustees ............................................................................................................ 2 Objectives and Activities ...................................................................................................... 2 Achievement and Performance ............................................................................................ 2 Financial position ................................................................................................................ 3 Structure, Governance and Management ............................................................................. 5 Reference and Administrative Details ................................................................................... 7 Independent Examiners' Report ........................................................................................... 8 Statement of Financial Activities .............................................................................................. 9 Balance Sheet...................................................................................................................... 10 Notes to the Financial Statements........................................................................................ 11 1 Accounting Policies ........................................................................................................ 11 2 Donations and Legacies .................................................................................................. 12 3 Charitable Activities - Grants ........................................................................................... 12 4 Investment Income ......................................................................................................... 13 5 Other Income ................................................................................................................. 13 6 Fundraising and Publicity ................................................................................................ 13 7 Charitable activities ........................................................................................................ 14 8 Net income for the year ................................................................................................... 14 9 Sta� Costs and Emoluments ........................................................................................... 14 10 Fixed Assets ................................................................................................................ 15 11 DEBTORS: Amounts falling due within one year .............................................................. 16 12 CREDITORS: Amounts falling due within one year ........................................................... 16 13 Movement of Funds for the year ended 31 August 2025 .................................................. 17 Movement of Funds for the year ended 31 August 2024 ................................................... 18 14 FRS102 Pensions Disclosure ......................................................................................... 20 15 Related Party Disclosures .............................................................................................. 21 16 Prior Year Comparative Statement of Financial Activities ................................................ 22 17 Analysis of Net Assets ................................................................................................... 23 18 Prior Year Restatement .................................................................................................. 23 Detailed Profit and Loss ..................................................................................................... 24
1
## Report of the Trustees
## Objectives and Activities
## **Principal activity**
The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world. The Church makes grants to organisations, provides building and open space facilities; and other services, such as a Community Money Advice Centre, to the general public. The trustees have had regard to the guidance issued by the Charity Commission on public benefit.
The charitable purposes include the provision and upkeep of the Place of Worship and burial grounds, the carrying on of all religious services, the payment, housing and pensioning of two Ministers of Religion, and a Youth Pastor.
## **OTHER NAMES CHARITY KNOWN BY**
The Charity is also known as CBC.
## Achievement and Performance
The main purpose of our meetings and events is to proclaim the Gospel of our Lord Jesus Christ which is our primary calling. This is done at our two Sunday morning congregations at CBC (Priory Street and Neston Memorial Hall) and the mid-week congregation on a Wednesday afternoon which is a fortnightly mid-week congregation mainly for the elderly in our church meeting in Corsham.
As reported last year, in January 2023 our Senior Pastor became ill and over the following few months, it became clear to both him and the Church that this was a long-term condition and that he would need to resign his position. It was with sadness that the Church accepted his resignation and recorded formally its thanks and gratitude to God for his faithful service over a number of years. The Leadership began the recruitment process for a new Senior Pastor and after several interviews, including with Church members, and with prayerful consideration, the Church decided by a large majority to call Gary Woodall to this position and we are delighted that he accepted that call to join us in November 2024.
## **The Rudloe Community Centre**
The Church have been in discussions with the Rudloe Community Association since June 2023 with regard to the possibility of a joint venture to reopen and provide services to the community in Rudloe.
The Centre is based in its own grounds in a very strategic, central place on the Rudloe Estate. The site has a large car park, a play area and approximately 1 acre of grassed area that is currently used, amongst others, by local children as a play area due to many having restricted or no space at their homes for outdoor activities. Informal discussions and meetings with the residents of Rudloe have demonstrated that the residents had high levels of dissatisfaction with the current opportunities and facilities for community engagement.
The Freehold to the building is owned by Wiltshire Council who have granted a seven-year lease to the Rudloe Community Association who have in turn entered into a service agreement with CBC to manage the Centre through a Centre manager and to provide services to that community. The arrangements were concluded in April 2025 and the Centre Manager was appointed in June allowing the Centre to
2
open in July. Services established include Souper Friday, youth nights, children’s services, a toddler group and a group for elderly folk. We trust these will be of value to the community and a bridge into a new congregation being established in Rudloe in the coming years.
## **Souper Friday Ministry Report**
Souper Friday continues to thrive and is held every Friday at CBC Corsham and at Rudloe community centre. It is open to all members of the community, offering an opportunity to share food and enjoy fellowship. In addition to the meal, the ministry supports individuals and families through a food bank.
## **Mission of the Church**
At CBC, our priority is to express the truth of the Gospel and the love of God to a needy world. This is done through our Sunday morning and mid-week services, as well as through our various outreach initiatives, such as: Toddlers group; Holiday Bible Club and Light Party (outreach mission to local children); Easter and Christmas outreach events; regular women’s and men’s meetings; the Corsham Community Money Advice Centre; and church midweek Life Groups for fellowship and the growth of faith and discipleship.
Through these efforts, we aim to serve the community, meet physical and spiritual needs, and provide opportunities for individuals to grow in faith.
Our Youth Pastor and Children’s Worker lead our work with young people with the aim of sharing God’s love and the Gospel with them during these regular meetings and activities. We are actively involved in supporting children and young people in local schools.
The church seeks to implement good safeguarding practice with regards to Child Protection and Protection to Adults at Risk. The church has a child and youth protection policy based on the Baptist Unions “Safe to Grow” policy, both of which are available on request. DBS compliance and checks have been done throughout the year and the team is headed by our Safeguarding Trustee.
We continued to support our mission partners throughout the year in prayer and financially. Our mission partners are the Oasis Centre a refugee ministry near Vienna in Austria (run by international teams); African Inland Mission; Baptist Missionary Society supporting a specific project in India; Word for the World; Compassion UK; Open Doors, WEC International and Tearfund.
## **Other Organisations with which the charity Operates**
The church is a member of the Baptist Union of Great Britain, West of England Baptist Network and the Evangelical Alliance. We are also involved with the Corsham Ecumenical Group of Churches primarily aimed at organizing the annual Good Friday walk of witness; the Christmas Town Carol Service; Bible Sunday; Christian Week of Prayer and the Women’s International Day of Prayer.
## Financial review
The Church continues to raise the funds which it needs to carry on its activities from within its own membership and congregations. Significant donations have been received from members for the Rudloe Community Centre project. No wider public appeal was made for funds during the year.
The most significant expense relates to funding the pastoral staff to lead and coordinate the church's activities including the Sunday Services, to provide pastoral care for the congregations and the young people of the church, and to equip and encourage the membership in their life, Christian witness and
3
service. In addition, the Church Administrator oversaw administration and provided support to both the pastoral staff and the trustees. The Rudloe Centre Manger is a welcome addition to the staff team.
The Church continues to express its part in the life of the wider church by making grants to national and international Christian organisations and societies with Christian aims and objectives compatible with the church's own charitable purpose. These grants amount to around 12% of the church's estimated annual general income during the year.
The Church is 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 substantially to the achievement of the church's objectives.
The financial results for the year, together with a summary of the accounting policies adopted are set out in the accompanying financial statements.
The church is a participating employer in the Baptist Pension scheme.
The great majority of donations to the Church continue to be made by standing order or bank transfer, and throughout the last 4 years, regular giving has held up well. Trustees have taken note of the changes in giving patterns and continue to regularly monitor cash flow. Moreover, at the point of signature, the trustees do not anticipate that the ability of Corsham Baptist Church to continue operating as a going concern over the next 12 months will be affected. However, with the increase in the Pastoral team and other increased staff costs, expenditure has significantly increased and the Trustees will monitor budgets carefully to ensure we live within our resources.
## **Reserves policy**
The Trustees have established a Reserves policy to enable the church to function effectively and meet its obligations in the event of a decline in our income, or a major cost.
Having considered the relevant risks of changes in income and expenditure, the Trustees have determined that the appropriate level of Free Reserves is in the range of 2-4 months normal running costs (£40,000 - £80,000). Free Reserves at the end of the period stood at £123,255 (2024: 124,923), made up of the unrestricted general reserves of the charity. Free Reserves are currently higher than targeted reserves due to the number of regular donations made.
The Restricted and Designated Funds largely relate to the church's work supporting our mission partners, including mission trips, and to events being run by the church for both adults and young people. Where Designated Funds are in deficit, this invariably relates to where the church has funded booking deposits or tickets for events or mission trips up front, with recovery from participants to follow.
As at 31 August 2025, the church held total reserves of £1,604,744 of which £28,822 were Restricted and £1,575,922 were unrestricted.
The overriding aim for the year ending 31 August 2025 was to work within a balanced budget but allocate sufficient funds to continue to upgrade our Audio Visual systems, continue our giving to support the work of our Mission Partners at least for this year, and set aside money for building maintenance following the quinquennial survey of our listed buildings.
4
## Structure, Governance and Management
## **Governing document**
The Church is governed by a constitution adopted on 22 October 2018. This was a minor revision to that adopted on 26 January 2009 to reduce the number of Trustee meetings required, which reflects the growth of the church and the consequent necessity for greater delegation of authority. The Board of Trustees registered the Church with the Charity Commission on 9 August 2012. The charity number is 1148492.
Corsham Baptist Church (also known as CBC) is a member of the Baptist Union of Great Britain. The West of England Baptist Network (WEBNet) takes responsibility as custodian trustees for the church, manse and 16 Arnolds Mead properties.
## **Recruitment and appointment of trustees**
The Board of Trustees seeks to ensure that the needs of the Church are appropriately served through the diversity of the trustee body. The more traditional business skills are well represented on the Board of Trustees. In the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Board of Trustees. There have been a number of changes this year but all retirements have been for understandable reasons such as moving area, work commitments increasing elsewhere, ill health and so give no rise for concern. Replacement Trustees are being actively sought but the number remaining is well within the number required by the Charity Commission.
## **Leadership**
The church is governed by the Church Meeting, which seeks to discern the mind of Christ for the church. Church Meetings are held once a quarter. Church members may serve as Deacons (responsible for practical matters) or Elders (responsible for spiritual oversight). Elections are held in accordance with the Church's Governing Document. Elders and Deacons are elected for a three-year term, with no limit to the number of terms they may serve.
The Elders, together with the pastors, meet as the Oversight Team (OT) to seek the mind of God for the running of the Church. The Deacons and Church Administrator meet as the Facilitation Team to provide practical implementation of OT direction. Each group meets once a quarter and additionally as needed. The full Leadership Team also meets together once per quarter.
The day-to-day management of the Church is carried out by the Senior Pastor, Gary Woodall and the Associate pastor Adam Jacques, supported by Lucie Blystad - Collins as Church Administrator and members of the Eldership team.
The church employs two other members of staff to run Church ministries. Dan Ovens is our Youth Pastor. Dan and Natalie Ovens and their three children are living in the 16 Arnolds Mead property. Rhiannon Price is our Children's Worker.
In the light of the growth in the church and its needs for the future, the Leadership structure is under constant review in consultation with church members. The new leadership structure was adopted from 1 January 2019. Trustees meet less frequently as a whole group, but these meetings are supplemented by smaller groups focussed on specific areas of church life. A minor amendment to the constitution was required to allow this.
5
**Risk management**
The trustees have undertaken a detailed consideration of the financial and other risks to which the Church may be exposed and they have agreed that these are adequately mitigated by the nature of the Church's activities and the specific circumstances in which it operates. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers and associates. These procedures are periodically reviewed to ensure that they continue to meet the requirements of the Church in satisfying the statutory and moral obligations imposed by its activities.
## **Statement of trustees’ responsibilities**
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on .............................................. and signed on its behalf 24 June 2026 by:
...................................................................
Alan Christie - Trustee
6
## Reference and Administrative Details
Registered Charity number 1148492
Principal address:
Priory Street, Corsham, Wiltshire SN13 OAS
## **Trustees**
A Christie
A G Pillinger
Rev R Durant (Resigned 30 April 2025)
I Holmes
E Pitman (Resigned 30 April 2025)
J Street (Resigned 30 April 2025)
J Prior
R J W Perks
A Jacques
S Rowe (Resigned 30 April 2025)
M Tonner (appointed 1 July 2025)
Rev G Woodall (appointed 1 May 2025)
## **Independent Examiner:**
Joshua Kingston BSc., FCA
Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR
7
## Independent Examiners' Report
## **Independent examiner's report to the trustees of Corsham Baptist Church**
I report to the charity trustees on my examination of the accounts of Corsham Baptist Church (the Charity) for the year ended 31 August 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signature.........................................
Joshua N Kingston BSc., FCA
Burton Sweet Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol. BS48 1UR
Date …………………………………24 June 2026
8
## Statement of Financial Activities
## Including Income and Expenditure Account
## Corsham Baptist Church
For the year ended 31 August 2025
|**Notes**
**INCOME FROM:**
Donation and Legacies
2
Charitable Activities - Grants
3
Investments
4
Other Income
5
**Total Income**
**EXPENDITURE ON**
Fundraising and Publicity
6
Charitable activities
7,18
Total Expenditure
**NET INCOME/(EXPENDITURE)**
Transfers between funds
**Net movement in funds**
8
**RECONCILIATION OF FUNDS**
Total funds brought forward
**Total Funds Carried Forward**|**Unrestricted**
**Funds**
**£**
**Restricted**
**Funds**
**£**
**2025 Total**
**Funds**
**£**
**2024 Total**
**Funds**
**£**
**Restated**
358,016
6,357
364,373
336,346
-
6,150
6,150
-
1,471
-
1,471
1,947
1,305
-
1,305
-|
|---|---|
||360,792
12,507
373,299
338,293|
||3,379
-
3,379
2,082
278,753
10,122
288,875
274,745|
||282,132
10,122
292,254
276,827|
||78,660
2,385
81,045
61,466
-
-
-
-|
||78,660
2,385
81,045
61,466|
||1,497,262
26,437
1,523,699
1,462,233|
||1,575,922
28,822
1,604,744
1,523,699|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The comparative funds are detailed in note 16.
9
## Balance Sheet
Corsham Baptist Church As at 31 August 2025
|**Notes**
**Fixed Assets**
Tangible Assets
10
Property
10
**Current Assets**
Debtors
11
58,995
Cash at bank and in hand
201,639
Net Current Assets
Creditors: amounts falling due within
one year
12
Net Current Assets (Liabilities)
**Total assets less Current Liabilities**
**Funds**
**Unrestricted funds**
General funds
Designated Funds
**Restricted Funds**
Total Funds|**2025**
**2024**
**£**
**£**
44,568
13,011
1,302,953
1,302,953|
|---|---|
||1,347,521
1,315,964|
||34,658
175,574
260,634
210,232
(3,411)
(2,497)
257,223
207,735|
||1,604,744
1,523,699|
||123,255
1,452,667
124,923
1,372,339
28,822
26,437|
||1,604,744
1,523,699|
24 June 2026
...................................................................
Alan Christie - Trustee
10
## Notes to the Financial Statements
## 1 Accounting Policies
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: 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) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The address of the registered office is given in the legal and administrative information on page 3 of the financial statements. The nature of the charity’s operations and principal activities are provided in the Report of the Trustees.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Manse Not provided Arnolds Mead Not provided Motor Vehicles 25% on reducing balance Fixtures and fittings 20% on cost and 10% on cost Office equipment 33% on cost Music Equipment 25% on reducing balance starting the following financial year
## **Cash and cash equivalents**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due.
11
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the church. They have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the church for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
Designated funds are funds which are to be used for particular projects as designated by the trustees. The cost of raising and administering such funds are charged against the specific fund.
## 2 Donations and Legacies
|Donations
Donations (Restricted)
Legacies|**2025**
**£**
**2024**
**£**
355,016
316,760
6,357
19,586
3,000
-|
|---|---|
||364,373
336,346|
## 3 Charitable Activities - Grants
|Corsham Bridge Club
Wiltshire Council - Wiltshire Council Food grant
Wiltshire Council - Wiltshire Council Food grant|**2025**
**£**
**2024**
**£**
60
-
5,000
-
1,090
-|
|---|---|
||**6,150**
**-**|
All Grant Income in 2025 is restricted.
12
## 4 Investment Income
|Investment Income||
|---|---|
|
Interest Receivable|**2025**
**£**
**2024**
**£**|
||1,471
1,947|
All Investment Income in the current and prior year is unrestricted.
## 5 Other Income
|Other Income||
|---|---|
|Book Sales|**2025**
**2024**
**£**
**£**
1,305
-|
||1,305
-|
All Other Income in 2025 is unrestricted.
## 6 Fundraising and Publicity
|Publicity & Marketing
Website
Other Costs|**2025**
**£**
**2024**
**£**
**Restated**
1,496
937
146
91
1,737
1,054|
|---|---|
||**3,379**
**2,082**|
13
## 7 Charitable activities
|Ministry and Outreach
Staff Costs
Buildings, Maintenance and Repairs
Insurance
Telephone
Heat, Light and Water
Depreciation and impairment
Bank Interest and Finance Charges
**Total Charitable activities**
**Support Costs**
Accountancy and Legal Fees
**Total Balance**
8 Net income for the year
This is stated after charging:
Independent examiner’s remuneration
-
Independent Examination
-
Accounts Preparation
Depreciation|**2025**
**2024**
**£**
**£**
97,868
80,883
138,791
141,658
34,397
34,108
3,374
2,816
737
579
7,589
8,886
2,701
3,125
216
106|
|---|---|
||**285,673**
**272,161**|
||3,202
2,584|
||**288,875**
**274,745**|
||**2025**
**2024**
**£**
**£**
980
925
-
925
2,701 3,125|
## 9 Sta� Costs and Emoluments
None of the trustees (or any persons connected with them) received any remuneration, or benefits from the charity during the year in respect of their roles as trustees.
|Wages and Salaries
Social Security Costs
Pension Costs|**2025**
**£**
**2024**
**£**
129,577
126,157
12,647
10,614
12,558
12,466|
|---|---|
||**154,782**
**149,237**|
14
No employees received emoluments in excess of £60,000 (2024: none). The Key management personnel of the charity is comprised of the Trustees and the Core Team.
The average number of employees during the year was as follows:
|Religious and Outreach Activities
Administrative|**2025**
**2024**
5
5
1
1|
|---|---|
||**6**
**6**|
## 10 Fixed Assets
||**ARNOLDS**
**MEAD**
**(PROPERTY)**
**£**|**THE**
**TYNINGS**
**(PROPERTY)**
**£**
**FREEHOLD**
**£**
**HUT**
**£**
**FIXTURES**
**AND**
**FITTINGS**
**£**|
|---|---|---|
|COSTS
At 1 Sept 24
Additions
**At 31 Aug 2025**
DEPRECIATION
At 1 September 2024
Charge for Year
**At 31 August 2025**
NET BOOK VALUE
**At 31 August 2025**
At 31 August 2024
Cont...
At 1 Sept 24
Additions
**At 31 Aug 2025**
DEPRECIATION
At 1 September 2024
Charge for Year
**At 31 August 2025**
NET BOOK VALUE
**At 31 August 2025**
At 31 August 2024|219,501
**219,501**
-
**-**|211,132
834,402
37,918
96,792
15,646
**211,132**
**834,402**
**37,918**
**112,438**
85,739
-
-
-
2,220
**-**
**-**
**-**
**87,959**|
||**219,501**|**211,132**
**834,402**
**37,918**
**24,479**|
||219,501|211,132
834,402
37,918
11,053|
||||
|||**MOTOR**
**VEHICLES**
**£**
**MUSIC &**
**WORSHIP**
**EQUIPMENT**
**£**
**OFFICE AND**
**TECH**
**EQUIPMENT**
**£**
**Grand Total**
**£**|
|||7,200
-
9,958
1,416,903
17,452
1160
34,258
**7,200**
**17,452**
**11,118**
**1,451,161**
6,660
-
8,540
100,939
126
-
355
2,701
**6,786**
**-**
**8,895**
**103,640**|
|||**414**
**17,452**
**2,223**
**1,347,521**|
|||540
-
1,418
1,315,964|
15
## 11 DEBTORS: Amounts falling due within one year
|Tax reclaimable under gift aid
Prepayments|**2025**
**£**
**2024**
**£**
51,640
27,073
7,355
7,585|
|---|---|
||**58,995**
**34,658**|
## 12 CREDITORS: Amounts falling due within one year
|Accruals|**2025**
**£**
**2024**
**£**
3,411
2,497|
|---|---|
||**3,411**
**2,497**|
16
## 13 Movement of Funds for the year ended 31 August 2025
|**Unrestricted funds**
General Fund (Unrestricted)
**Unrestricted Designated Funds**
Anne Killingback Mission
(Designated)
CBC Benevolent Fund (Designated)
Children's Events (Designated)
DTI Camp (Designated)
Ladies Ministry (Designated)
Ladies Residential (Designated)
Legacies (Designated)
Men's Ministry (Designated)
Minibus (Designated)
Neston/Rudloe (Designated)
Souper Friday (Designated)
Youth Events (Designated)
Youth Weekend (Designated)
Youth Residential (Designated)
Fellowship Events (Designated)
Leavers Gift Fund (Designated)
Events 11.15 (Designated)
Fixed Assets (Designated)
**Total Designated Funds**
**Restricted Funds**
Compassion (Restricted)
CMDAC - The Debt Advice Centre
(Restricted)
Oasis IT Austria (Restricted)
Junior Church (Restricted)
Mission Fund (Restricted)
Mission Trips (Restricted)
Rudloe (Restricted)
Souper Friday (Restricted)
Tearfund (Restricted)
**Total Restricted Funds**|**2024**
**Income and**
**Gains**
**Expenditure**
**and Losses**
**Transfers**
**2025**|
|---|---|
||**£**
**£**
**£**
**£**
**£**
124,923
275,063
(273,174)
(3,557)
123,255
-
-
-
-
4,613
483
(1,941)
-
3,155
4,878
-
(870)
-
4,008
(26)
-
25
26
25
2,841
5,395
(8,237)
-
(1)
1,052
1,202
(1,668)
-
586
(3,006)
-
3,005
3,004
3,003
1,000
-
(1,000)
-
-
(11)
4,020
(977)
-
3,032
-
-
-
-
-
38,410
68,750
(25,504)
-
81,656
7,002
2,826
(1,811)
-
8,017
894
768
(814)
-
848
(744)
2,310
(1,276)
-
290
-
-
-
-
-
-
-
-
-
-
-
975
(975)
-
-
(528)
-
528
527
527
1,315,964
34,527
(2,970)
-
1,347,521
**1,497,262**
**396,319**
**(317,659)**
-
**1,575,922**
199
451
(451)
-
199
910
-
-
-
910
79
220
(170)
-
129
75
130
-
-
205
17,382
1,986
-
-
19,368
1,246
1,929
140
-
3,315
-
-
-
-
-
5,439
7,791
(9,641)
-
3,589
1,107
-
-
-
1,107
**26,437**
**12,507**
**(10,122)**
-
**28,822**|
|**Total Funds**|**1,523,699**
**408,826**
**(327,782)**
-
**1,604,744**|
17
## Movement of Funds for the year ended 31 August 2024
|**Unrestricted funds**
General Fund
**Unrestricted Designated Funds**
Anne Killingback Mission
CBC Benevolent Fund
Children's Events
DTI Camp
Ladies Ministry
Ladies Residential
Legacies
Men's Ministry
Neston/Rudloe
Souper Friday
Youth Events
Youth Weekend
Events 11.15
Fixed Assets
**Total Designated Funds**
**Restricted Funds**
Compassion
CMDAC - The Debt Advice Centre
Oasis IT Austria
Junior Church
Mission Fund
Mission Trips
Souper Friday
Tearfund
**Total Restricted Funds**|**2023**
**Income**
**and Gains**
**Restated**
**Expenditure**
**and Losses**
**Restated**
**Transfers**
**2024**|
|---|---|
||£
£
£
£
£
96,918
262,289
(234,284)
-
124,923
4,613
-
-
-
4,613
5,504
100
(726)
-
4,878
-
-
(26)
-
(26)
1,446
4,293
(2,898)
-
2,841
673
1,781
(1,402)
-
1,052
(834)
5,787
(7,959)
-
(3,006)
1,000
-
-
-
1,000
1,585
1,745
(3,341)
-
(11)
-
38,520
(110)
-
38,410
1,397
538
5,067
-
7,002
(94)
2,113
(1,125)
-
894
296
1,540
(2,580)
-
(744)
-
-
(528)
-
(528)
1,317,094
-
(1,130)
-
1,315,964
**1,429,598**
**318,706**
**(251,042)**
**-**
**1,497,262**
20
179
-
-
199
1,910
1,000
(2,000)
-
910
79
-
-
-
79
75
-
-
-
75
19,352
2,220
(4,190)
-
17,382
6,367
120
(5,241)
-
1,246
4,096
15,696
(14,353)
-
5,439
736
372
(1)
-
1,107
**32,635**
**19,587**
**(25,785)**
**-**
**26,437**|
|**Total Funds**|**1,462,233**
**338,293**
**(276,827)**
**-**
**1,523,699**|
General fund: Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the church. They have not been designated for other purposes.
Fixed asset fund: Is represented by the value of fixed assets.
Restricted funds: Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the church for particular purposes. The cost of raising and administering such funds are charged against the specific fund.
18
Designated funds: Designated funds are funds which are to be used for particular projects as designated by the trustees. The cost of raising and administering such funds are charged against the specific fund.
**----- Start of picture text -----**
Funds Name Fund Description
Anne Killingback Mission (Designated) Fund to support CBC young people going on short term mission
events.
CBC Benevolent Fund (Designated) Fund to support CBC people with short term financial difficulty.
Children's Events (Designated) Fund to support children’s events held by CBC.
DTI Camp (Designated) Fund to support CBC youth attending DTI summer camp.
Events 11.15 (Designated) Fund to support fellowship events organised by the 11.15
congregation.
Fellowship Events (Designated) Fund to support events for the Fellowship
Ladies Ministry (Designated) Fund to support ladies’ events organised by CBC.
Ladies Residential (Designated) Fund to support ladies from CBC going on retreats/events offsite.
Leavers Gift Fund (Designated) Fund Raising to provide a leaving gift for outgoing senior member of
the ministry team.
Legacies (Designated) Fund to support specific identified work at CBC.
Men's Ministry (Designated) Fund to support men’s events organised by CBC.
Neston/Rudloe (Designated) Fund to support CBC events at Neston and Rudloe locations.
Souper Friday (Designated) Fund to support the weekly Souper Friday community café and
events held by CBC.
Youth Events (Designated) Fund to support youth activities at CBC.
Youth Weekend (Designated) Fund to support youth going to the annual CBC Youth Weekend.
away.
Youth Residential (Designated) Fund to support youth residential events.
Compassion (Restricted) Fund to support the work of the charity Compassion in sponsoring
children.
CMDAC - The Debt Advice Centre (Restricted) Fund to support the work of the CBC debt and money advice centre.
Oasis IT Austria (Restricted) Fund to support the IT Oasis Austria charity helping to support
refugees.
Junior Church (Restricted) Fund to support CBC junior church activities.
Mission Fund (Restricted) Fund to support general mission work at CBC.
Mission Trips (Restricted) Fund to support CBC people going on mission trips around the world.
Rudloe (Restricted) Fund to support CBC work at the Rudloe Community Centre.
Souper Friday (Restricted) Fund to support Souper Friday community café and events held by
CBC.
Tearfund (Restricted) Fund to support Tearfund charity in helping local churches around
the world to elevate poverty.
**----- End of picture text -----**
19
## 14 FRS102 Pensions Disclosure
## Background to the disclosure
The Church is a participating employer in the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers.
The Scheme, previously known as the Baptist Ministers' Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. Prior to this date the main benefit provided through the Defined Benefit (DB) Plan was a pension of one eightieth of final minimum pensionable income for each year of pensionable service together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income.
From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Broadstone Corporate Benefits Limited. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members if they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva Limited.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS102. Because it is not possible to attribute the Scheme’s assets and liabilities to specific employers, the Scheme is accounted for as if the Scheme were a defined contribution scheme.
The Ministers, and some members of the church staff, are eligible to join the Scheme.
## **Actuarial valuation as at 31 December 2019**
A formal valuation of the DB Plan as at 31 December 2019 was carried out by a professionally qualified Actuary using the Projected Unit Method. At the valuation date the market value of the DB Plan assets was £298m, whilst the level of assets needed to pay benefits was £316m, giving a deficit of £18m (equivalent to a past service funding level of 94%). The Church and the other participating employers in the DB Plan are collectively responsible for funding this deficit.
The key financial assumptions underlying the valuation were as follows:
|**Type of assumption**
|**% pa**|
|---|---|
|RPI price inflation assumption|3.20|
|CPI price inflation assumption|2.70|
|Minimum Pensionable Income Increase Adjustment (above CPI)|0.50|
|Pre-retirement assumed investment returns (gilt yield plus 1.75% pa)|2.95|
|Post-retirement assumed investment returns (including benefits matched by the insurance|1.70|
|policy) (gilt yield plus 0.5% pa)||
|Minimum Pensionable Income increases (CPI plus 0.5%)|3.20|
|Deferred pension increases (based on RPI):||
|- Pre April 2009|3.20|
|- Post April 2009|2.50|
20
Pension increases:
- Based on CPI with an annual floor of 0% and annual cap of 0.5%
2.70
Mortality is assumed in accordance with 80% of the S3NFA standard mortality table. Future improvements projected from 2013 in line with the "CMI 2019" projection with a long-term rate of improvement of 1.75% pa for males and 1.5% pa for females, with the core smoothing parameter and with additional initial mortality improvement factor A=0.5%.
The next actuarial valuation of the DB Plan within the Scheme was due to take place not later than as at 31 December 2022. However, the DB Plan is to be wound up, and the process to wind it up was started with effect from 31 March 2024 and therefore no formal valuation is due to take place.
## **Recovery plan**
In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals a deficit the Trustee and the Council agree to a rate of deficiency contributions from churches and other employers involved in the DB Plan. Following the 2019 valuation a Recovery Plan was signed in September 2020 under which deficiency contributions are payable until June 2026.
On 30th June 2022 the Baptist Pension Scheme signed an agreement with the insurance company Just Group (“Just”) to secure DB Plan members’ pension benefits. Just are now providing financial backing for all pensions provided through the Scheme’s DB Plan and following this transaction, the Scheme no longer has a shortfall. An updated Recovery plan was then signed in August 2022 under which recovery contributions from each participating employer in the DB Plan reduced to £1 per month from August 2022. These ceased in November 2024, as the scheme was no longer in deficit. The outstanding deficiency contributions due under the Recovery Plan up to November 2024 are not considered material and therefore have not been included in the balance sheet.
## 15 Related Party Disclosures
The custodian Trustee of the church is the West of England Baptist Association (also known as WEBNet) – Charity number 1092443. The church is also a member of the Baptist Union of Great Britain.
The church made a donation to the Baptist Union Home Mission Scheme (WEBNet Partnership for Mission Fund) of £5,833 (2024: £7,000) during the year.
Over the year, a total of £9,856 (2024: £521) was paid out in expenses between 5 (2024: 2) of the Trustees. All these expenses related to costs incurred as part of the general running of the charity. Of these expenses, £7,701 related to Fixture and Fittings for the Rudloe Community Centre.
Mrs Anne Holmes who is married to Ian Holmes, a trustee of the church, is employed as the Church Cleaner. During the year, she was paid a salary of £4,898 (2024: £4,518).
21
## 16 Prior Year Comparative Statement of Financial Activities
## Corsham Baptist Church
For the year ended 31 August 2024
|**INCOME FROM:**
Donation and Legacies
Charitable Activities - Grants
Investments
**Total Income**
**EXPENDITURE ON**
Fundraising and Publicity
Charitable activities
Total Expenditure
**NET INCOME/(EXPENDITURE)**
Transfers between funds
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**£**
**Restated**
**Restricted**
**Funds**
**£**
**2024 Total**
**Funds**
**£**
**Restated**
**2023 Total**
**Funds**
**£**
316,760
19,586
336,346
277,427
-
-
-
-
1,947
-
1,947
6,368|
|---|---|
||318,707
19,586
338,293
283,795|
||2,082
-
2,082
-
250,841
23,904
274,745
221,828|
||252,923
23,904
276,827
221,838|
||65,784
(4,318)
61,466
61,957
1,880
(1,880)
-
-|
||67,664
(6,198)
61,466
61,957|
||1,429,598
32,635
1,462,233
1,400,276|
||1,497,262
26,437
1,523,699
1,462,233|
22
## 17 Analysis of Net Assets
|17 Analysis of Net Assets||||
|---|---|---|---|
|**As at 31 August 2025**
Unrestricted funds
Restricted funds
**Total funds**
**As at 31 August 2024**
Unrestricted funds
Restricted funds
**Total funds**|**Tangible**
**fixed**
**assets**
**£**
1,347,521
-
**1,347,521**
**Tangible**
**fixed**
**assets**
**£**
1,315,964
-
**1,315,964**|**Net**
**current**
**assets**
**£**
228,401
28,822
**257,223**
**Net**
**current**
**assets**
**£**
181,298
26,437
**207,735**|**Total**
**£**
1,575,922
28,822|
||||**1,604,744**|
||||**Total**
**£**
1,497,262
26,437
**1,523,699**|
## 18 Prior Year Restatement
Expenditure reported in the prior year accounts under ‘Raising Funds’ has, with the exception of £2,082 which remains under that categorisation (see note 6), been reclassified in the current year as charitable activities expenditure. This is because it does not meet the criteria for fundraising expenditure and instead reflects funds spent on carrying out its regular activities.
23
##
## Corsham Baptist Church
## For the year ended 31 August 2025
The following pages do not form part of the statutory financial statements which are subject of the Independent Examiner’s report on page 7.
|**Account**|**2025**|**2024**|
|---|---|---|
|**Income and Endowments**|||
|Donations - Cash|3,427|7,500|
|Donations - Contactless Stand|4,360|229|
|Donations - Designated & Restricted Income|85,145|67,846|
|Donations - One Off|42,845|24,620|
|Donations - Recurring|172,517|185,676|
|Gift-Aid Recovery|44,903|41,018|
|Gift-Aid Recovery- Designated & Restricted|8,176|7,888|
|Grants|6,150|-|
|Investment Income|1,471|1,947|
|Legacies|3,000|-|
|Miscellaneous Income|1,305|1,300|
|**Total Turnover**|**373,299**|**338,023**|
|**Expenditure**|||
|Accounting,& Governance Costs|3,203|2,584|
|AIM|2,500|2,500|
|Arnolds Mead|469|1,768|
|Arnolds Mead Expenses|2,059|1,975|
|Arnolds Mead Insurance|360|337|
|AV Equipment|290|2,619|
|Bank Charges|216|106|
|BMS|1,000|1,000|
|BuildingHire|914|1,196|
|BuildingProfessionals Fees|-|2,000|
|CCL Licences|2,751|1,695|
|Children's Outreach|2,147|282|
|ChristianityExplored|-|132|
|Church Repairs & Maintenance|7,203|3,074|
|Church/Hut Insurance|2,436|2,331|
|CMAC|1,928|1,880|
|Compassion|384|384|
|Corsham Mums & Tots|144|120|
|Depreciation Expense|2,699|3,125|
|Electricity& Gas|7,402|8,706|
|Events Facilitation|920|1,169|
|FellowshipEvents|352|1,221|
|FellowshipEvents Desig& Restricted Funds|2,346|7,063|
|Fixtures Fittings & Equipment|180|534|
|Grounds Maintenance|4,102|4,636|
|Health & Safety|-|78|
|Home Mission|7,502|7,000|
|ICT|898|1,053|
|International Teams - Austria|1,000|1,000|
|Junior Church|702|70|
24
|Kitchen/Catering/Cleaning|1,701|1,280|
|---|---|---|
|LongClose Avenue|700|8,400|
|LongClose Avenue Expenses|1,341|2,284|
|Minibus|2,084|1,804|
|MinistryDesignated & Restricted Funds|33,237|13,108|
|MinistryTraining|288|679|
|Mission Designated & Restricted Funds|1,801|9,431|
|Music Equipment|2,100|736|
|Named Projects|316|3,980|
|Office|1,737|1,057|
|Open Doors|2,250|2,250|
|Other MinistryCosts|1,750|609|
|Other Mission Costs|1,261|622|
|Outreach Designated & Restricted Funds|12,239|10,018|
|Pastoral Care|47|34|
|Publicity& Marketing|1,496|933|
|Rudloe|5,000|-|
|Rudloe Outreach|-|44|
|Salaries|134,865|139,952|
|Senior Pastor House|5,400|-|
|Senior Pastor House expenses|2,043|-|
|Small Groups|-|(60)|
|Souper Friday|1,578|(270)|
|Staff Expenses|3,926|1,707|
|StatutorySafetyInspections|100|395|
|Subscriptions|1,446|1,348|
|Tearfund|650|650|
|Telephone & Internet|737|579|
|The Ark|-|98|
|The Bible Society|-|2,250|
|The Tynings|389|2,866|
|The Word For The World|2,250|-|
|Tynings Expenses|2,798|3,525|
|Tynings Insurance|579|148|
|Water|187|181|
|Website|146|91|
|WEC|7,500|3,750|
|Youth Group|1,005|274|
|Youth Outreach|1,202|168|
|**Total Administrative Costs**|**292,254**|**276,557**|
|**Net Income/(Expenditure)**|**81,045**|**61,466**|
25
Audit Trail
## **Document Details**
|**Title**|Corsham Baptist Church Accounts YE 31 August 2025|Corsham Baptist Church Accounts YE 31 August 2025||
|---|---|---|---|
|**File Name**|Corsham Baptist Church YE 2025 accounts.pdf|||
|**Document ID**|aaa79cc98cc244ec8c8a5c5b326baf18|||
|**Fingerprint**|2dbbdb0e5f9bde3546c7303197adec4c|||
|**Status**|Completed|||
|**Document History**||||
|**Document Created**||Document Created by Burton Sweet (accounts@burton-sweet.co.uk)
Fingerprint: ca935c55f30c8cb809672f99da99424c|Jun 24 2026
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|**Document Sent**||Document Sent to Alan Christie (alanc@corshambaptists.org)|Jun 24 2026
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|**Document Viewed**||Document Viewed by Alan Christie (alanc@corshambaptists.org)
IP: 195.213.19.179|Jun 25 2026
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|**Document Viewed**||Document Viewed by Alan Christie (alanc@corshambaptists.org)
IP: 195.213.19.179|Jun 25 2026
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|||Document Signed by Alan Christie (alanc@corshambaptists.org)||
|||IP: 195.213.19.179||
|**Document Signed**|||Jun 25 2026
01:17PM UTC|
|**Document Sent**||Document Sent to Joshua Kingston (josh.kingston@burton-sweet.co.uk)|Jun 25 2026
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|**Document Viewed**||Document Viewed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)
IP: 185.249.213.98|Jun 26 2026
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|||Document Signed by Joshua Kingston (josh.kingston@burton-sweet.co.uk)||
|||IP: 185.249.213.98||
|**Document Signed**|||Jun 26 2026
03:28PM UTC|
|**Document**||This document has been completed.|Jun 26 2026|
|**Completed**||Fingerprint: 2dbbdb0e5f9bde3546c7303197adec4c|03:28PM UTC|
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