REGISTERED CHARITY NUMBEFi' 1148652 ORTO DITED HEYEAR ENDED Mccabe Ford Williarns Chartered Accountants Building I(3 Comforth Drive Kent SCiee Park Sittingboume Kent ME98PX
SITTINGBOURNE BAPTIST CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees 1 to 6 Independent Examlnels Report Statement of Flnanclal Actlvltles Statement of Flnanclal Posltlon 9 10 10 Notes to the Financlal Statements 11 10 21
INGBOU PTIST EMB The Iruslees txesenl Iheir report with the financial slalemenls of the charily for the year ended 31 Decemkr 2024. The Iruslees have adopted the provisi)ns of Accounting and Retx)rting by Charities.. Statement ol Re(mmended Pracli applicable lo charilie5 preparing I1r accounts in accordance with the Finandal Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffective1 January 2019). OBJECMVES ANDACTIVITIES ObltIVeS dms Our Mission statement Dlaring Christ lo pe(, Discipliro people lo Chri%l' captures the essen of our airn, lo intr(xJuce people to a tersonal relati(Ship wlh Jesus Christ and continuing lo develop their knge and trust in Him. We are a Bapb'st Church in memtsrship with Ihe Baptist Union and the kxal expression ol that, the South East Baptist Associalitsn. We are aso actively involved In Churches Together in Sittingt)Ue. We are Evangelical in our belief and practi, proclairning a Gospel d repenlancE toward Gcd and faith in Hi% Son Jesus Christ as Savlour and Lord. We practice LElieverfs baptism by lolal irnrnersN)n and knOwledge the entire Bible as &)ds Word, having supreme aUtty In matters offaith and lduCt. Publlc beneflt The Trustees confimi that Ihey have complkd wlh duties in Sectio) 17151 of the Charities Aci 2011 to have due regard to the Charity Commission's general guklance on public Lenefil. Our acllvilies continue 10 Serve both church members and wider comrnunty. MinistAes such as Café Church. F(KKlbank, Contact Cent, ABG Group, Street Outreach. arKJ Youth Groups directly support individuaL8 and families in Sittingboume, provKling wactKal help, sixritua guidance, atKi a welcoming environrnent. We have Teferred to the Charity Commission general guidan on pull benefrt when reviewing our alms and 014ectives and in planning our future In partlar, Trustees con%der how ann activdies wll conlritmjle lo the aims and obpctives thal they have sel. Page1
RNE BAPTE FTHE ACHIEVEMEKfsAND PERFORAi4KE Charltsbl8 actlvltles The work of the Conthl Centre still proves tri be a valuable asset lo which the churd) provKles a safe pl&e for chikjren of separated parents lo meel Iheir separated parents, in a supervised place wrthin Ihe church on a Saturday moming. Having employ&1 a Full Time Youth WorkerTraslor in April have seen a Snlcan1 rise in our youth secllon. Sunday morning youth and children's activities and leachlng has Iased as well wlh a number of 'younger families i)ining the church, and children of nEmbers growing up. Ur the Youth S&11 the 'UergrOund Youth Club on a Friday evening is also growng, wlh a signitsanl number of non-church teenagers, Tnainly friends ol church youth. Our new Youth Pastor has also been visilinu Iwal primary schools by invrtation, wlh the schools in return Msiling us. We also continue lo run a 'Mother aThJ Tdr, group on a thnday moming h lemi Imes. This is beller known as 'A.B.C. Adults, Babies and Children. Yth and Children's ork continues on a Sunday fflomiThJ and 15 run by our valued volunteers, as we have r¥Jl yel teen able lo recruit a new Youth Wotker, trust in that the right person wll be appointed scK)n. There are other groups that rneel in church as well. Bright Hour on a Thursday aftemoon for the 50+ age group. An Akohol Anonymous Group Wednesday mKlday with chlld ¢are f&ililps, as well as a Mens Fellowshlp, Ladi&s Aflemn Teas and a Youth Band whtch rneets on a Thursday evening. The chuTch has rlyiqler as a welcome centre lor Ukralnlan ref, but so far not had arrlwj. We also send a number ol Christmas parcels lo Easlem Europe each year. As a church are very much a mUlti-nalnal aTh rnullioullural conggation with people fr(fft many different cnIne$ worshipping with us, many from Wesl Africa. The church sUprtS financially three ol its tnernbers orfOrThr w$ are engaged in charitable work. Groups mainty aimed at the eerlY meel regularfy in the church. These group5 have proved Valuab in [VIdng fellowship for Ikjse who are elderly and INing alone. church has organised wial &tivit5 otEn lo all On a month, aThJ lIse attr%t people who do nol nonnally attend. We have had a new Healng Systetll inslalled as the preVu5 one was over 70 years old, and we are sure that this wll save u5 a lol h outgolngs, thh our remain very good desle a deficit recorded on the general luNls in 2024. The membership of Ihe church al 31 DemRr2o24 was 170. Fundralslng tI¥ll18$ We do rt)l eng4e in fund raising actNiilies other than asking wrchurch memters lo tithe regulaty. Admlnlstraiors report SillingLK)ume BaplFsI Church exBls lo glorify God, share the Gospd ol Jesus Christ. and setve our local communily through worship, fellowship. discipleship. and practical oulre&h. Our vision for 2024, introduced by our Minister. Nathan, was themed 'oVerfk) (Romans 15.'131, focusing on living Spiril-filled lives that ovefflow in love. Service, and ilness. Page 2
BOURNE BAP F(A TH CE ACHIEVEMEsAND P&gFORMANCE Actlvltles and h19¥ements during they The year Lwan wlh the Dea¢(s. Away Day al Ihe Melhodist Church lounge, dedicated to prdyer, tA8nning, end Msk)n setting. Four new Deacons jold team, 8fKd Link Deaco were appointed lo oversee Specif Church groups. On the folloving Sunday, the congregation Creat Personal Vision Boards a8 a way of setting IrKlividual spiritual goals for the year. In February, al first Members, Meeting, the Iherne 'OveTlowing' was introduced lo the church family, wlh emphasis on overflowrg wilh the Holy Skyril. A new Youth Wofker, Ricky Grovener, was appointed and welCed, a1 the fourth Sunday ol each month became an 'AII Age. serviTr led by the Youth. Nathan aThJ the Cuons also hdd a swial gathering for newconrs and new members. March saw our participation in Churches Together in SittingtM)ume's Easter Walk ol WilrEss and High Street servi. Si(tingbourne Baptist Church $ted refreshwn&, Idl01 by Holy C(JmrnUni(. Four baptisms also took place this month. In April, Ricky was inducted a5 Youth Leer, and our new Café Church opened, rcteiving a &star hygiene rating. In May, the church family joined tether in prayer for a member of our leaership team who was unwell, and we are thankful to (knl for Ihe¢r kEaling and recovery, The Street (treaCh Team purchased a mobile PA system, arKI a Cmchel Group was launched. June was designat Holy srit thnlh. th House GTOUPS paus lo alk the who church lo attend a Holy Spirit course by Nathan. In July, we ld Compassion Sunday, with g1 Speaker Lisa Leaf from Brfghton, %thich led to rnore children be swn50red. We also celebraled baplisms and $ted a Back lo Church service with CommuniLin f(x those unable lo atlerKI regukirly. The 'Digging Deeperf Sunday Bible StlY moved back to Tuesday evenings, by a 'Stw of Faith. seTVite. In August. some of our ycAJlh attended the LimitLess summer camp, Rickls Irst as Youth Leader, and our Hotiday Club was held the ftroWIng week with the IherrE Science and the Bible. In September, House Groups resumed. In October, RkY hosted a from a bcal So)ut group, IntrUc11Yj Ihem lo the baplislry. ThkS and ACknowledgents The Trustees express sIere thanks lo all Nvlx) serve failhfully in the churchs ministries, indudirKJ bul not limited lo., - Conlad Centre - ABC Group (Adults, Babies & Children) Men's Fellowshlp - Th Team - Alcohdis AnLMyrnO - Wotship Team - Calè Church - Ladies, Aftemoon Teas - Street treaCh Team - House Groups - Youth Groups - Office Team - Crochet Grp - Fwdbank We a gratefvl forevery volunteers d&tiOn, tirne, and faithfulness in helping the church fulfil its rnis5KJn. Page 3
STCH FOR THEYEA CEMB FIANcL REVIEW Flnancl81 revlew In 2024, the tllembers of Sittingboume Baptist Church On again demonstrated faithful generous sUprt towards the church's ministry and &livilies. This CoMmlfflenI was particularly ewdenl in the fundraising l(K a new CODker, which will benefit Café Church and olhergroups making use of the church facilits. Al the start of the year, Ihe chuich held a total bank balarKe of £99,949, whih itKlude(1 £7,953 in restricted funds (monies hekl for various church groups). During the year, tokl Incon amunled lo £165.3)1 against a bLklgeted targ81 of £176,010. ExperKlilure totalled £178,097, compared lo a budgeted tsrgel of£175,000. Thls resulted In a pre-3111 year£nd deficit of £9,084.. Al the cbse ol the year, the church's bank bance stood al £100,963, of which £9,202 re5xesenled reslricled funds {M(leS held for Specif church groups). The Trustees remain graleful for the orvJ)ing financial commitment of the D)ngregatw)n, which enab the church lo rnaintain and expand ils ministry in SittirKJtK)ume and beyond. FUTURE PLANS Looking ahead. the Trusle8s aim to.. Restart the Slreel Paslots iniliallve, slrenglhening our presence in the community and offering praclical and splritu support lo those in need. Plan for luriher upgrajes and refurblshmenl ol church bjllding to improve f&ililies for worship, felkiNY6hip, arKI oulrexh. Continue investing in out youtKJer generations, through youth wograrnmes, events, a1 discipleship opportunilies. We remaSn commilled to prayerfully seeking ()xls guidan for the church's future, with the desir8 lo see the congregalion grow bjlh spiritually and nurnericdly, arKI for more people to beco adive rnembers of the fellowship. STRUCTURE, GOVERNANCE AND K4NAGEMENT fa)vernlng document The charity is conliolled by its gcjveming dccumenl, a deed of trust and constitutes an un[nrmaIed charity. Org8nlsatlonal structure The chuTch shall servd by not less than four and Th)1 Thre Ihan iwelve decled de&(ns. They shall not be uNkr 21 years of age and shall be baplised church fflembers. They shall have LEen mernbers of Sittlngtrm)urr Baptist Church for al least one year. They shall be elect by ballot, A third of their number lor such as shall secure the retirement of all deacons every three years) shall retire annually, bul shall be elb3ible lor re-electn. Nominations lor the Off shall sent lo the Church Adtllinislralor in wllting, svJned by a proposer and seconder, ml ths than four weeks before the election is lo lake place, Nolice ol the musl be given al public worship on the two Sundays preceding the church meeliro. Nominees slandirKJ as deacons musl re1ve the support of over 66'k of the eligible members volitvJ, Each year. aftef fhe election, the church officers shall appoint two of their number lo acl as church adminislralor aNI church treasurer, these appoinlnEnls shall be submilled lo the Church TlIng lor confirmation. During th8 yearlhe Trustees mel on12 occasions br business wilh 82% attendar. Page 4
SIThINGBOURNE BAP RCH STrUCTURE, Gov1NcEAND mIGEMENT Risk rnanement The Iruslees have a duty to Klenlify and review the risks to which the Charity is exposed lo ensure appropriate controls are in place lo provije reasonatAe assufdnce against fraud and err. 11 There is a risk that due lo a sl(wdown in econorny and other piorities our members reduo arKi slop giving entilY resullfftg In the church being unable lo conllnue some or all ol its actiwlEs. MilatIon1c0n1lngenCY We regularly announce al seNice8 th81 offerirG boxes are available for giving to church. We encourage all new and existing members lo give on a regular basi% by standing order enabling us lo plan our incA)me and expenditure u8iThJ a prediclabk mechanisrn. We al80 fflanage the costs ol each activity and group in the church in a careful way ensurin9 they are cost effedive as well as Iking budgeted each year. We hold appr0MatelY 30Yo of our annual expenditure as cash in reserve in the event ol income ml Eeing up lo estimated amounls. We have also added a tracking percenlage to a budget management reFOrt on a rnonlhly basis to keep track of giwng ard expenditure. We also report regularty to Ihe church meetings on the Crn1 state ol income and expenditure. Electronic giviThJ is being worilised as a communication exercise to establish more regular income streams. 21 Safety of vulnerab Peoe.. There is a risk that a child or vulnerable ajull is expos&l 10 80me lomi of harm or 8*Juse. MilKJalionlConlingenGy All our volunteers who wotk with chiklren at¥J young people are DBS checked and neWed as they expire. We subscribe lo the conlenl and prirtiples under-pinning the Baptist Unbn Safe to Grow statement f(K Safeguarding children and youn9 peop in the loeRI chuh. We have a designated oharily trustee holdiro the p0511ion ol Desvjnated Person for Safeguarding who regularty liaises wilh the minister regarding any chipj safely issues raised by children, youth leaders, or other persons within the churd). The Designated Person lor Safeguarding is notified lo the church members and attendees via a prominent notice on our noliceboard. We ensure those dealing with vulnerable adutts are also DBS checked. We regularly discuss sale9uarding al our lealership learn ffleeb'ngs a1 Ulertake safeguarding Iraning at revant levels lorthose in positn ol leadership for young peop and children. 31 Building Age and Condillon.. There Ls a risk that the age aThJ condition of the church bu41ng causes svJniflI eXpee due to emergency repairs resulting in the ChUh becoming unsafe lo use. MilMJatR)nlConlingency We regularly assess the condilion ol the church facili118s and replace ageing parts of Ihe building lo ensure Ihe building is both economic lo run in terms of healing and cooling as well as being fil for purpose. We budget on an annual basi5 lo fur]d repairs ol various systems lo reduce the risk ol expensive and unnecessary etnergency expenditure. We delegate lo a separate fabric committee the tasks lo oversee the fabric tnalter5 of the church and lo communicate their anlicipaled expenditure needs lo the kadershlp team on an annual basis. This risk Surf&1 during the 2019120 financial year resulting in the church needing lo dip into addilbnal funds. Whilst we bdieve this was a one-off event, w8 11 rewew the bget during the next budget pnn1[J round lo ensure that any new kN)wn rBks in this area are considered. Paje 5
sirnNGBtsJRNEgAPnSTCHURGH FEP.ORTOFYHETRUSTEES FOR THEYEAR ENDEU31 OEceMPER2Q24 REFERFNCFANf)ADMNISTrATIVEDETAILS Rgylsiered Charlly numb 114f52 The Hioh streei Tius1$ The i' thily ¢t0 W <7 Yoto. In ixurdance Nwlh UTrtr ¢hu(¢h 81 a Chutth MfJmbw8.' FAe8link /ndsf.rv& IhtlkuXIl Ilieyedi IiiiilÈssdhw)¥iseslaiettl Al TftistCQ3niuRI tEmernLErsollliischurc4. tthOBvid Casse *GrthaiiieAUin5 KudakwdslièOgtsb¥ htrRichard Slls * P¢#il RÈ4N8thaJ) t00n 11118 APtye .drlan Clieeèffktyl Llsa PéMi4ig acon Deacoft - Res[J311l2l2Q24 Dpa¢ Dea¥7 - At¥wnleJ0110124 Doa¢on - Atywnltd 0IIOIl24 - ApN?AtÈdOlIU1I20?.4 &r IlayiiEipuALLhA U14Ik.f£d AL'LLlJiildillS B,'iikfjn4 1003 Ii¥W¥n¢ klE9 8PX Aw0¥8d bYderfV 11465 1>1 I,,l¥S . and iEhaWby'. R&v N (kidoii- Iwsl Pffjé6
IN siThi RNE BAPTIST CHU Ind8p8nd8nt 8xamlner's report to Ihèlrustees of Sllllngboumè Bapt18t Churth I rewrt lo the charity trustees on my examinalKJn of the accounts of SittingbDume Baptist Church Ilhe Tru811 for the year ended 31 Decembef 2024. Respon8lbllltle5 and baBiS of report As the charity Iruslees ol the Trust you are resWns1e for the preparation ol the accounts in accordan with the requirements of the ChlIeS Acl 2011 Cthe ACYI. I report in respect ol my examination of the Trust's accounts cariied out under Section 145 01 Ihe Acl and in Carrng oul my examination I have followd all apPIable Diwlions given by Charity Commissi(m under Secbon 14515llb} of the Act. Independent examlneffs statement I have complelwl my examination. I confirm that no material matters have come to my 8ttentKJn in connln Imlh the examinalion 9iving me cause to belSeve thal in any material respect.. ounting records were not kept in respect ol the Trust as quIr&I by Sectk)n 1) of Act,. or the accounts do not accord th records., or the accounts do GomrAy the applrRble requirements Conrning the form arKI content ol accounts sel out in Ihe Charities (Accounts and Rewrtsl Regulations 2008 other than any ruirement that the acc(wts give a true alld fair view which is not a mallerconsidered as part of an indepent examinalbn. I have no COnrr and have come across m other rllatters In COnnectn Wbth the exarn1natn lo whh attenlKin should be drawn in this resX)rt in order lo enable a proper understanding of the accounlsto be aChed. Clair Rayner FCA WhA Mccabe Ford Williams charter Accountants 8uilding 1063 Cornforth Drive Kent Saence Park Sittingbourne Kent ME9 8PX Dale.. lo /i?,.l.z.6Zi... Paje 7
INGBOURNE BAPMST RTHEY 31.12.24 Total furKIs 31.12.23 Tolal funds Unreslricled funds Restricted funds Noies INCOMEAND ENDOWMENTS FROM Donab'ons and legacies 154.800 9,439 184,239 179,674 Investment Snc(Ane 1,tb2 1,062 Total 155,862 9,439 185,301 179,983 EXPENDITURE ON Charltable &tlvltles Ministy Youth work Missionary 136,032 8,765 15,087 13.6&9 149,701 8,765 19,487 169.797 5,433 15,323 4,400 Total 159,884 18,069 177,953 190,553 NEf INCOMEI(EXPENDITURE) TSfer$ between fund8 14,0221 19,8791 18,6301 9.879 112,6521 110,5701 Net movement In funds 113,901 } 1,249 112,6521 110,5701 RECONCILIATION OF FUNDS Total funds broughl forward 96,515 7,953 1(M,468 115,038 TOTAL FUNDS GAED FORWARD 82,614 9,202 91,816 104,468 The notes lom part of these financial statements Page 8
E BAFnsT CHU 31.12.24 31.12.23 Notes cURRE[AsSErs CÈblots.' amounts falling due vrilhin one year Cash al bank and in hd 8,349 1(K),%3 12,971 99,949 109,312 112.920 CRED]TORS Amounts falling within one year 117,4961 18,4521 NEf CURRENT ASSErs 91,816 104,469 TOTAL ASSETS LESS CUFiRENT LIABILITIES 91,816 104,468 NEfASSErs 91,816 104,468 The mtes form part oftse Tinarla1 slalements Page 9 ¢J)nlinued...
S.WtINfjBQUB6EBJPTiST.GHURCII .JLPQWiQFL..¢onJinu STATEKIENYOF FINANC 31 DECEMBER 2024 FUNDS Unie5¥iiifyJtyiiUs-. CnÈ181 liind Yuilh Woik Funrt FJi)O bl Hou Ladles CoNacb FAILOCJ EJslw FishEy5Fun CIP Bttbl Centr8e*fi8rl Fund CAP H8rdship tund CTIS Fund BIS23AF{OaI Yoiilli CRI&. saès 2023 Fikthank BM$AP.1 202A Youll) Cae Sales2024 2.0S1Tr 262 422 282 189 275 Cahchijrdt 9,202 7.9Jf3 TOTAL FUs 91.816 N &5don-Tw%ite The biiii p8tlolUie5e fffiEn¢ial stAitmp.DlS P3oo10
FOR EARENDED31 EMBER 2024 AccoupmNG POLICIES Staiulory Inforniatlon The financia statements of It charity, whh Ls a benefrt enlily under FRS 102, have Èeen prepared in accordance with the charit$ SORP IFRS 1021 'Accounting and RetX)rting by Charities.. Slalemenl of RecorntHendLxl Practi applicable lo charrties preparing their accounts in 0rda[e wlh the Financial RerA)rting Standard applicab in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 2019}', Financial Reporting Standard 102 'The Financial Rewrting Standard applKable in the UK and Republic ol Iieland, and the Charits'es Act 2011. The financial stateTrnts have been prepared under the hislorical Cost convention. The presentation curreJKy ol the financial statements is Ike wund sterfing 1£). Incom8 All income is recognised in the Slalemenl ol Financial Aclivrtie8 On the charity has enlitlernenl lo the funds, it is probable that the income Mll be recefved and the arnounl can be measured reliably, Expendliure Liabilities are recryniwj as extEndilure as soon as a legal (X)nsIr1Ne obltgalion committiro 11 charity to that expenditure, it is probable that a transfer of econornic benefits will be required in selllemenl the arrounl ol the obligation can be tneasured reliably. Expenditure i% accounted for on an ru21S basis a has been classrfied under helIngS that aggregate all cost relaled to the category. Where o)sts cannot be directly attributed to particular headings they have been althated lo activitS on a basis Consient with the use of resources. Taxatlon The charity i5 exemptlr(Kn taxon Its charitable activities. Fund OuntIng Unrestricted funds can be used Sn )rdae wlh the charilaue objectives al the dBcretion of the Iruslee5. Reslricled funds can only bts used for particukr restricted purpose5 Within the objeGts of the charity. Restiictions arise wlEn Specif by the donor or when funds are raised for partScularrestriled purposes. Further extAanatK)n of the nalU and purpose ole&h lund is Includ in the note5 to Ihe finanrial statements. Penslon costs and other po$t48tlrement bawflts The charity operales a defined ¢onlribulion [nsiOn scheme. ConlribulK)ns payable to Ihe ¢hariVs sRnsion scheme are charged lo the Statement of Fal31 AclivttEs in the period to which Ihey reL41e. Ei)natg1 good8 Sittingbourne Baptist Church could not operate wlhoul the funding provided by its mernbers and wsilors., and the lime and energy given voluntarily by our members. A nUMr ol vital activities lor all people aged from under 2 to over 100 ale deperKlenl on being staffed by a ltstal ol over 40 Iwlling, Iraned and CRB cleared Iwhere requirlxll volunteers WIK) often go beyond what is required lo provide a sale. ]luSive and enlertaning rdnge activities for all. Flnanclal Inslrurnenls The charity enters into basic financial instruments that result in the rewnilion of financial assets and liabilili8S like trade and other COuntS receivable arKI payatrAe, loans from banks and olher third partS and loans lo related parties. PaJe11 cK>nlinued...
ITriNGBQURNE BA FOR THE R ENDED 31 EMBER 2024 ACc(XJ1NG POLICIES- conllnugj Flnonclal Instrnm8nls al Trade and olherdebl(xs Trade and other debtors are initllY recognis&J al fair value and thereafter slated al arnortis cost usino the effective interest meth, less impaimienl losses foT bad a1 doubiful debts except where the effect ol discounliw would be immaterial. In such cases, the receivables are stated al cost less impairfflenl bsses foi bad and doubtful debts. b) Cash aThJ cash equlvalents Cash and cash equivalen15 cpThSe cash al bank and In haryj. cl Trade and othercredilors Debt instnjmenls like loans and other accounts payable are inllially measure(S al present value ol future payments and subsequenily al amortised cost using Ihe effective interest method. Debi InslruMeDls that are payable wiihin one year, typically trae payables, are measured, initially and subsequently, al the undiscounled amount ol the cash or other (x)nsideralion exwted lo paid. However, rf Ihe arrangements ol a short-lemi instrument constitute a financing transaction, like the payment ol a trade debt deferred beyond nom)al busine8S lemis or financed al a rale of interest Ihal FS not a rnarkel rale or in case of an oulrigm short-lerrn loan not al market rate, the financial asset is measured. initially and SUbSeqny, at Ihe present Iralue of the fuiure payrnenls discounted at 8 market rale of inte1 for a simiLqr debt in8trumenl. Finaal assets and lialilities are offset and the nel amount reported in the statement of finanLaal wsilion when there is an enforceable right to sel off the COgnIsed amounts and Ihwe is an InleAIIK)n lo sellle on a nel bas or lo realise the asset and settle the liability &mullaneously. Crftlcal cOuntIng judgements and key sources of e8tlmatlon uncortalnty In Ihe application of the Charitys accounting wjlicies management is Yequired lo ma(e judgements. eslimales and assumptions aboul the carying value ol assets and liabilitS Ihal ar8 not readily apparent from other sources. The eslimales and undedying assumptions are based on hlslorical experien and other fxlors thai are ccfisidered lo be relevanL Actual results may differfrom the eslimates. The estsmales and under5ying assumptions are revieEd on an ongoing basis. Revisions lo 0nting eslimales are regnised in the period in which the estimate is revis il revi%ion affects only that riod, or in the period of the revisKJn and future peri(Kls rf the remsion affects both current and lulure pemds. INl*ESTMW INCOME 31.12.24 31.12.23 tpOsit account interest 1,C62 309 Page12 onlinued...
NOTEST FOR EYEARE EMBER 2024 TRUSTEES REMUNERATIONAND BENEFrrs No trustee receives remuneralK)n, the holder of the p)silron of minister is autornatically a Iruslee and the minister posl is a remunerated one Ibul not the Iruslee sidel. lolal amount of remuneralion for the minlsler was £32,765 lor the year ended 31 Dember 4[2023.. £30,360). The total amount of pension nInttIOnS paij by the charity for the minister during the year was £4,050 12023.. £3,761). Tru8tee8' During the year ended 31 December 2024 the lolbwing payments were rnade lo Iruslees in relation lo reimbursements fLY manse expenses, training st5, mileage, youth oulif¥JS and general expenw.. 31.12.24 35 31.12.23 947 47 1,094 10 K Osaba for Junior Church expenses F Cowan for FLowers and Quiz prizes N Gordon for Mileage. Ministry and Trdinlng G Atkinson forTrainiNJ A Cheesman for Support, IT Costs and Youth WotkeT Cosls 93 177 TOTAL 305 STAFF COSTS average monthly nurnberof employees during the yearwas as folEows'. 31.12.24 31.12.23 Ministry Youth worker Adminislralion Church Cleaning No empbyees r1Ved emduments in excess 01£60,IK)O. Pe13 conlinu6xl...
URCH NOTES E YEAR DED 1DEC COMPAFIATIVES FOR THESTATEMENT OF FINANCLIL ACMWTIES Unreslrict funds Restricted funds Total funds INCOME AND ENDOWMEKfs FROM Oonations and leg&ies 155,641 24,033 179.674 Investrnenl irtome Tol 155,9gJ 24,033 179,983 EXPENDITURE ON Charltable xllvltles Ministry Youth work Mlssionary 146,702 5,433 10.523 23,095 169,797 5,433 15.323 4,600 Total 162,659 27,895 1g),553 NEf INCOMEIIEXPENDrruRE) TrSfer8 between funds 16,7081 14,500} 13,862) 4,5(K) 110,5701 N8t movem8nt In funds 111,208) 638 110,5701 RECONCILiATION OF FUNDS Total lunds broughl fowd 107,723 7,315 115,038 TOTAL FUNDS CARRIED FORWARD 96.515 7,953 104,468 DEBTORS: AUNT8 FALLING DUEIMTHIN ONEYE4R 31.12.24 31.12.23 Tax Prepaym8nts 5,508 2,841 10,732 2,239 8,349 12,971 Page14 conllnued..
s[IN OURNE BAFn FOR THE ENDED BER2024 CREDITOR&' AMou[S FALLING DUE WTHIN ONE YEAR 31.12.24 31.12.23 Taxatlon and social security other creditors 2,979 14,517 1,732 6,720 17,4 8,452 AMALYSIS OF NEfASSEfs BEfwEEN FUNDS 31.12.24 Total funds 31.12.23 Tokl funds Unreslricled funds Reslrrted funds Current assets Current liabilities 11)0,110 117.4961 9,202 109,312 117,4961 112,920 18,452) 82,614 9,202 91,816 104,468 Page15 continued...
INGBOURNE BA TEM FOR ND MOVEMENT IN FUNDS Net rmvemenl in funds Translets beiween flls Al 31.12.24 A11.1.24 unrestr1¢ lund8 General fund 96,515 14.0221 {9,8791 82.614 Re8trl¢tttl funds Ichen Youth Vvork Fund Contact Centre Fund JUnr Church Fund HolKlay club Mis5h)n ABC FurKI BrvJhl Hours Ladies Contact Club Big Local Eastern Fisheries Fund CAP Debt Centre G8rEral Fund CAP HardshiplurKI CTIS Fund BMS 2023 ApFeal Heating Fund Youth Cake Sales 2023 Fdbank BMS Appeal 2024 Youlh Cake Sales 2024 1,199 1,116 472 30 98 104 1,116 393 30 (791 13731 14.5)01 278 169 275 4,500 275 477 553 646 2,059 2,059 12101 12621 14,2371 11601 262 4,237 422 262 275 983 18671 275 983 Cafe Church Youth Camping 2024 7,953 18,6301 9,879 9,202 TOTAL FUNDS 104,468 112,6521 91,816 P3Je16 linued...
NOTES EFI EY64R DED3 ER2024 MOVEMENf IN FUNDS- conllnuwj Nel rnovemenl in funds. indJed In the atove ¥8 asfollDws'. Incoming resour Resources expended Movement in lunds unr6strlct funds neral fund 155,862 1159,8841 14,0221 R9strIct funds Kilchen Contact cent FiJThJ Holiday dub Mission ABC Fund Bruhl Hours CTIS Fund BMS 2023 Aweal Healing Fund Youth Cake Sa5 20rJ F(DJbank BMS Appeal 2024 Youth Cake Sales 2024 134 92 10 480 501 1,127 1301 104 1791 13731 14,5001 278 169 1210) 1262) 14,2371 11601 13831 14,9801 12231 19581 1210} 1262) 14,9051 11601 11801 240 189 189 275 1,153 4,570 275 983 18671 Cafe Church Youth CampirrfJ 2024 {1701 15,437} 9,439 118,0691 18,6301 TOTAL FUNDS 165,301 1177,9531 112,6521 Page17 continued...
dl THE FI RTHE NDED 31 MOVEMW IN FUNDS-contlnu41 Compwatlvos for movement In funds Nel movement in funds Transfers between funds Al 31.12,23 Atl.1.23 UnrestrlCj funds (kneral fund 107,723 16,7081 14,5001 96,515 Restrlc funds Kitchen Youth Work Fund Contact Centre Fund Junior Church Fund Holiday club Missh)n ABC Fund Bright HDurs Ladies Contact Club Big Local Eastern Fksheries Fund CAP Debt c1 General Fund CAP Hardshipfund CTIS Fund BMS 2023 Appeal Youth cake Sales 2023 1,082 1,081 240 30 98 117 1,199 1,116 472 30 98 232 14,500) 56 12351 64 4,0 219 712 275 477 64 2,059 784 2,059 1,005 13151 262 422 262 422 7,315 13,8621 4,5(X) 7,953 TOTAL FUNDS 115,038 110,5701 104.468 P4e18 ontinu...
NGBOU FOR THEY ENDED 31 MOVEMENT IN FUNDS-contlnugJ Comparative nel movement in funds, induded in the alVe are as follows.. lffoming resources Resources expended vemenl in funds Unreslrlctwj fund8 General fuFvJ 155.950 1162,6581 {6,7081 Restrict fund8 Kitchen Youth Work FuThl Contact Cen1 Fund Mission ABC Fund Trussell Trust Bright Hours Ladies Cont( Club CTIS Fund BMS 2023 At4Eal Heating Fund Youth Cake Sales 2023 Mathan and Anna Weddlng 117 117 242 480 474 1,305 2,445 128 1101 14,9801 14181 11,3051 12,6801 1641 13151 232 14,5CQI 12351 13151 262 262 16,824 422 116,8241 422 11,2991 24,033 {27,8951 13,8621 TOTAL FUNDS 179,983 (190,553) 110,5701 Kitchen fund rs a fu specffioally lor the refurbishm1 of the kitchen. Conlribjtions have manly been from those using the tchen for provkling lunches. Café Church New iniliatNe that wll open th8 church k)unge lo drinks and fwd to any visitors during set opening limes. The Youth Worker Fund was sel up lo ld donalloThs from chUh membeTS lo contribute towards findirKJ a tkw youth pastor. Contact Trnlre fund are funds lor the Sillingljoume contact ntr8 - a council approved church based Saturday morning rneeling Spa where separated couples land their thildrenl can meet on neulral ground. The Junior Church fund is forfunds specificaty Thjrninatsd by dorS forjuniorchurch u*. Mission funds are those stkcffThlly nominated by donors for missionar$ or rnisslonary organaan5 that 11 church already supwjrts, ABC funds are the running funds forABC- the church's parent and loddlergroup Page19 continued...
SITfiNQBOURNE BA ST CHURCH FOR THE NDED 31 tECEMBER MOVEMENT IN FUNDS- ¢onllnu The Trusll Twst is the paTrI charity for the fObank, The fu1 holds incoming funds from the other partner churches in the Sittingbourne loodbank and passes Ihem onlo the Tru5sell Trust a monthly b&%is, and also holds and adminlsters any grants provided for the fwdbank. Background on the Trussell Twsl can b8 found L this websile httpsj1sillirKJtrK>urne.lobaThk.Org.Ukj The Bright Hourls an aftemoon club for dder people. Th8 fund comprtses their owraling costs. The Ladie5 Contact Club ts a group ol 0er members that meets on a regular basr6 for felk)wship. They occasionally made donalions to causes Cbse to the rnernberfs heatts from subscrfpllon o)sls gfven by varicAJS mernrs al th&r weekly meeting5. CAP Debl Centre General Fund i8 the holding fund for the wnlrlbulions Ifom the partner churches and also any other donations given for the CAP Debt Centre w(k. This fund also pays the monthly subscriptn fee to Christian Against Poverty. The Holiday Club fund was set up to rece1ve donalons fr(An church members frx the h)liday dub that the church tun dullng the six weeks holidays forlhe YrEer members of the church. CTIS - Churche5 Together In sItting)ume - this was funds received from CTIS when the account was cfosed and the funds were shared between the churches in the to. BMS 2023 Appeal BMS Wodd Mission mobilises peop, resources and skills across the Global Churth to sha the go[ news of Jesus and practs'cal hope where Ihelre needed most. SBC support this mission in order work hand-in-hand with global organisalions, mission workers supporters lo.. share Chrisl and nurture digdpS alVIate sufferiw and injustrE enable all lo play their wt In his missK)n. BMS 2024 Appeal BMS World Mission rnolylBes ppIe, resources skills across the Gbbal Church lo Sha the g(K)d news of Jesus and practical ho[ where they're needed most. SBC support this mission in order lo work hand-in-hand wilh global ryani5alions. missK>n workers arKI supporters lo.. share Christ a1 nurture disciples, alleviate suffering and injuste and enable all &Jd's people lo play their part in his mbsi( Healing - Funds raised in order lo finance the reernent of the okl outdated healing sysletn, The new heal system will be more eirleI and redu overall Gosts. Youth Cake Sae - Fundralslng thrgh selling cakes wth the teas & coffees after the Servi in ald of youlh reL3led financ&91 support i.e. oulings other related mallers lo youth outreach. Youth Carnping Fund 2024- Deky)sits otherdonatis towards the annual camtNng trip wth the youth. Foodbank - We support the l(Kal lo(yJbank as part of (xjr tnission giving lo the cornmunily. To help ensure the continued distribution ol lo lo those In need, we provide ongoing financial SUPPLYt to the local charity Ihal now operates the fo(xlbank under The Trussell Trust neknrk, conlribuliw towards Iheir overheads and runnir costs. Further information aul The Trussell Trust the Sitbngbourne FObank can b8 found at.. hllps.'IlsitlIngUrne.fOCKlbank.orU.us Page 20 continued...
ITfiNGBOURNE BAPnST CHURCH FO R ENDED 31 D 10, RELATED PARTY DISCLOSURES During Ihe year D Casse. a truste8, made dlwations to the charty of £92412023.. £9241. DurKYJ the year G Alknnson, a Iruslee, made donations lo the charity 01 £1,50012023'. £1,600). tXJring the year K Osoba, a Iruslee, made donations lo the charily 01£17012023,' £3,854>. tljring the year R Sills, a Iruslee, made donations lo the charity of £1,80512023'. £1,800). Lkjring the yeai N (k)rdon, a trustee, made donations lo the charity ol £nil12023.' £1821, txjring the year J Ajitx)ye, a Iruslee, made donations to the charity 01£2,71512023.' £nill. Lljring the year, A Chee5rnan, a trustee, made donalK)ns lo the charily of £3.07512023.' £niD. txjring the year, L Pennin9lon, a trustee, made donalkms lo the charity of £1,80012023', £nill. During the year. B Sills. who is married tt> R Sills, macle donations lo the charity of £1,25412023'. £nill. During the year, 8 Sills, who Is married lo R Sills, reiVed Wag8s of E21,40012023'. £19,73n. During the year, G Cheesffl, wh) Is son of A Cheesman, 1Ved £2,41K) lor Misslonary work 12023.. £2,400). Page 21