QUORN BAPTIST CHURCH FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 JANUARY 2024 Cowxl & Co LLP Cbgrtered Aeeowit4nts I Princes Court Royal Way ughborough Ith LEII 5XR Td: 01509 214163
QUORN BAPTLST CHURCH Report of the Trnst¢e$ Indendetht Examiner's R¢p Receipts & P2yments Account Sthment of Assets and Liabilities Notrs to the A¢crJnts 8- 11
QUORN BAvrwr CHURCH REPORT OFTHE TRUSTELS FOR THE YL4R ENDED 31 JANUARY 2024 The trustees are pleased io pret th¢tr tetort togethu wtth the financial sthternts for the y¢arend[ 31 January 2024. lieferen AdmlDistrntlv• Det Clwity R¢gisrrauon Number: 1148704 Principal Office.. Qllom Baptistchurch. Meeting Stree¢ [gh10gh, LE12 8AQ Bunkcrs." sanId¢[Balll 63 S4LoughLKYough tEIl 3ER HSBC. 41 Nlarkd Plac4 I&btr. tEI13BJ Independent ExamineT'. Cound & Co LLP, I Princes Court. Royal Way. iA)ughborough LEI15XR Ciistodian Trustees: EBst Midlands Baptist Tw$t Corwation. 129 BToBdway. DidcoL OXI18RT Trusiecs: The trustees durin8 the year were: Rev I Smith. Minister Miss G Clemeni. Se¢retsry MrA Gibb Mr P Vanlint Mrs H Attdrews Mr D Bates, Treasur¢r Mrs J Li$ter bJectlv¢4 Actlvltles Aehtevenwil8 I'he principal PUTP05e of the Church is the advancernent of the (ThristiAll faith according 10 the principles of the Bapti.st denomination. The ChuTeh may also advance edue4tion and caY out her chariiable purrKJses in the Uniied Kingdom andl¢x other par of the world. DetAil$ of ll¢tsviti¢s and achievements during 2023r2024 can be found in the AoThual R¢wL Structur4 Governance MaDagemeDt The Aetiviiiel of the Chuwh are govern by deed. constitution gdopted on 3 February 2012. The Church 1$ Managed on a day-to-day basis by its Minister, Tteasurer, Sretrry and & number of Deacons, Apart fTh)m the Minister. the th]5tecs and offlcers are elected as De2con$ io Ix ill OfflfOr three years. F.leaions lake place at a Chllrch membcrs, meeting, nornmlly thc AGM. M¢mber5 may be nomitaated ftK election trus by a fellow member and seeonded by two other members. Trust are elected from arnon8 the nomIttiOnS by means of a secret ballo¢ tsf ¥n¢mbers. There a four members, meetiJp8s perannum at which the actsviiies of the trustees ttwy b¢ 5Utin1$Cd and Whe decisions may be taken which gye beyond the trust¢¢s' expenditure authorisation limtts. The trustee$ b4ve a 5thggered year for ]reMent or Trelection. so not 811 replaced &t the time, allowing overlap and transfer of inforniation to any newly ¢Ile0 trnstres. Thc Secretary and Treasurer hav¢ the resouTC¢8 of the Baptist Union kKp them ab1 of any changes made to chariiy- related as well a5 Church relatrd law&
QUORN BAIryJST CIIURCH REPORT OF THE TRUSIEES FOR THE YEAR ENDED 31 JANUARY 2024 rii4&Acial R¢vie C.iliTp2red 10 the previous financial jrar. weckly'plate. colltctions have inere28ed by abwt fl.1 and offerings pkid direetly into our bank account have incr$ed by more than £4.51XI, so regular church offerings overall have increased by mor¢ than £6,5¢J). We have increased sUprt ftolll unrestiictrd funds io somc missionary and other Christian causes and discontinued support for others. Overall, unrestricted giving 10 rhese causes increased by about £9(KJ. Restri¢ted giving in the previous finortciol y¢ had been unu8UAlly high. mainly due 10 support for Ukraine and for two othet specific colleciions.. Compared to this. Testrieted giving for mi$$ioThary and other seS de¢9$Cd this year by xbout £1.7C(I. The most SLgt)ificanT fJnanci&l i&suc for thc church thi& yw was th¢ p[0Sed wTrslrnctson of a new buildjngy planned to adjoin the curreni buildings. The church 8iven offering% of £131536 Tesrii¢Kd for on ihLS project in th¢ financial year and tsx r]lMed on these donation$ provided a fiknher £21.591. £50.1{ was speni on ihe proj mAinly on design costs. Con$tru¢tion of thc new building would not b¢gits until July 2024 at the earli¢s¢ To mBximise investment Income from the church'8 significani holding of new building funds. which would oth¢rwi¥e k unused until th¢n, gif¢-aid WA$ clainjed in Nuv¢mbei 2023. on donations collected up io that li rather in th¢ following Aprhl12024} as noim81. Th1$ £21591 in gift-uid enabled the church to invest £I01,C imo a high.inte(¢M (4.751 Mortey Markei account ftom November until July. Lliii¥SlI'iCt¢d gift-oid tEX r¢cov¢ry was £2(1 oY¢r thè finth¢iai year, whi¢b 14 considerably more usua]. When on tILlliitllOD% for the new building was rjaimed in NoY¢mkr, 1¢ was also lo r¢¢laim tax on rc8ulor donations for th¢ church. This Lmounted to an income of £l1.103 {not shown in the acwunus a %parak item) which is combined in the accounts with the regular 8ift-2id claim made in April 2023 of £15.498 (8lso rtot shown separately) to give th¢ unusually high total for the year. The expenditure on Maintenancc & Fabric1£21907) includes £17. for r¢-roofJng of the Khool h3]I. This WAS Att expected capital cost for whi¢h an 'Extraordinary Repair Fund. h&$ built up over a number of ye4r8 with M & G ChaTiFunO, The market vdlue of the fund stood at £36.702 ai the end of ihe finani21 yegr. The nd h94 not perfornied well ihi5 year ad ihe mark¢t valuc 15 abou¢ £1,8(N) below the ttomin&l value.. Accordingly, the cost of re-roofing has not yel been tsken out of the M & o ruiid (bui in du¢ rouric it will bc). W¢ continue to rnake re8ular savin85 in ihc Exirnordinary RepairFynd whKh we innd use for furth¢rrepair8 and replacements of the church rcrf)h. The un[trICt¢ funds show a suwlus of fA,383 followin8 th¢ JUlUS of L9,3W in rh¢ previou5 year. Bui th?s f)8ure is isleading for Iwo ttssons. Firstly the £17,91M) costof thc s¢hool hall rcpair would be expectcd to have becTh iaken frojn Exir20rdinary RepairFund Irdther Ihan bcing tcmrA)rarily paid from UnrestrirA funds), thc Uns1cd fund5 Shown wtlkil(J Iiave been ttiis muLlJ lii8her. Sccondly. If the £1 1.103 gift-aid m>¥rry un unTfS1riiicil dortauons bciwGCiI April and Nliivember were reclaimed in the next financial yearas li would nonnally have Ixen, unrestricted funds shown for this ycar ii.'oiild hav¢ be¢n thi5 njuch lower. A more realistic calculation of the surplusof unrestricted funds is, therefore, just over £1 i,IMM). The TnJ$tees are satisfied with the eurrent fin11 sItiOn. Publlc Beneflt Thc ChLuch provid¢s Christian ¢dutiOn at its weekly pub]ic for worship. aKI public courses the basics of the Christian faith. The Minister and members of th¢ congr¢gation are also iDvolYcd in the local prim8ry s¢hool's assemblies and religious cdueation as well as providing Spiriwal Comfort io the elderly ?n ridential cate. Thi5 year we ran 'work5hop5' for children from the local primary school. 150 children from Year5 1 and 2 at Faster. attd ISO from Years 3 and 4 at Chri5trE]a5, were given entersoining and info[H1v¢ bnsighi inknth¢s¢ maiorchristhw events-to Ycry F05itsv¢ f¢¢db4ckl The chUh provid¢s the local u)mmuThity with a 'F&t Sicps. 8roup for t(KldkTS wjd 'B#by StPS' group for pre-LrxI(Jlct¥ ad aciiviiir5 foi Ghildtcn and youTrg PEIr SundaysThis yr thc youll8 p¢opl¢ raised£279.41 for the Soar Valley F¢x)dbank. A weekly 'craft and ThBI' session has been incmsing in nllmE¢rs this ye8r. Three successful sate5 {two at the IOCAI bowls club 'Ind on¢ in chuh) were hdd of knitteit items Produ¢1 by th¢ group and thePrr were given io Rainbows, a local Lhildren's hospice.
QUORN BAPTW CHURCH REPORT OF THE TRUSIEKS FOR THE YFAR ENDED 31 JANUARY 2024 Publie Benefit (eoDtinued) Wc continue to provide a weekly 'W8m] welcon. for the Ioc81 community. which includes a ¢offte morning and a simple lunch. We collcct fo(xt and donations for a local food-bank and distribute f(KMI pa¢]$ from the focxj-bank to F¢ople in the vi1128e. W¢ also an annual holiday club. Th¢ MitLiSter is mad¢ ayyilablc by the Church to thc public. ai hi5 discretion and availability. to &ssist with funerals. weddings. and io visii ihe trnved. ihe sick. orlws in need. He also has acces8 fo $¢1r5C fvnds to a551St those in dire fi#an¢ial et(L The Church suw)ns local events designed to bring cohesion io the village by providing. for exatnpl¢, r¢frethments at villagc ¢v¢nts, and, where applicable. by tnaking the facilities of our buildings atrailable 10 the public or public grou. sueh as Ranger Gui(ks and the Royal British lgion. ThL ChuTch a150 provid¢s funds forch8ritsble relief aDd dcvelo]xnent work in dcveloping Countries via the medium of CIIi'isiian wd agencies. We also support individuals engaged in proyiding medical eare and Chrfftstian mission world-wide via charilablc 08en¢i¢s. On top of this the Church proYide5 its members with opportwiits¢5 to take part in nsti¢)nwidÈ Collections for disas*ts such as the eatthquake itl Trrk¢y and Syria in February 2023. Mi$$ G Cl¢ment 4 April 2024
Ir4DEPENDENT EXAmER's REPORT TO THE TRUSTE OF QUORN BAPTisf CHURCH I r¢porE on the 0nts of the Charity for th¢ year Cded 31 JanuAry 2024. whith are sei outou pa8¢s 4 to 9. and Ex tive 'lities of Trus The ¢hureh officers ar¢ responsible for the pteparatson of the JK¢4Wt. consithr that an audit is noi required for this year under geetion 14412) of the Chariti&8 Aci 2011 (the 20II Acij and thatan 1ndc[dttcxaM1n&tlQn is n¢¢¢Jed. It is my res)nsIbilItY to: examine the accounts under seztion 145 of the 2011 Acl: follow the proccdum8 laid down in the G¢Dera] Directions given by theCh8riiy Commissioners under secuon E4515)Ib) of Ihe 2011 Aci; and state whetherpartieulgr matters have wne ow attention. tstement N(y examinlltion was ¢arri¢d out in aecordance with the Gerteral Dir¢cuon5 by the Ch8fity Commission. An examination includes a r¢vi¢w of the accouttung r¢cNd5 kept by the chariiy 8rKI 8 comparison of the accounts presented with those records. li also includes consideration of any uftusuaj item5 or disclosures in the ae¢ounL8. and seekirtg explanauons from you as IrLI.8iees ¢onceming any such matters. The pn)cedures undertaken donot provide the eviden¢e thai would be r4uired in an audit, ¥nd consequently no opinion LS glven as 10 wh¢thcr thc accs)utbt8 prwnt a'lr and fair view" and th¢ report is limited io those mgti¢r8 set out in the stswn¢nt b¢low. Indc miner's statement In ¢onnection with my examination. no mAtitt has corne to my ati¢nUQn: which gives m¢ Te#8oThable cAuse io believe thaL in any mawiai Tespe¢L the requirements.. io kc¢p proper accounting reeord$ in ac¢(rdwe wÉth 8eetion 130 of th¢ 2011 Aci: 8nd to pr¢pAr¢ account5 which llccord with th¢ lln17Th8 tewrds and mplY wilh the accountins requirem¢nts of the 2011 Act have not tten me¢: or to whieh, in my opinion. att¢ntson Teached. uld be drawn in order w ¢n8ble &proper undets(andln8 of the accounts to tye D R Gradon MA FCA Cound & Co LLP Charter¢d AcCounttS I Princes Coi Royal Way Loughborough Leic5 LEII 5XR 4 April 2024
UORN BAwfisT CEIPTS & PAYMEFtrs ACCOUNT. FOR THE YEAR ENDED 31 ANUARY 20 UnTestrict¢d Rcstsicted 21Y2 Tolal Unrestricted ReJtricted 202 Total OffertOriC5- Plat¢ Offcrtori¢s- Regular 7401 71(XJ5 7401 715 5369 66451 5369 66451 Gilts & Donaiivns New Buildi]]gs war Church 2457 2457 132536 3182 3182 25(K) 770 132536 25(KJ 770 Mi%sion$ & Other Cause5 185 185 316 316 3022 runernl DoDa¢ion Di*aster Relief Spurgc¢)n5 ThL Bridge & Carpenter's Am)s Soar Vallcy Food Bartk Tedr Fund IG¢nerai) Teor Trund (Ukrainel Roihley Iukrolrtian Refv8ees) Roihley (Ukrainel Venezu¢l8n Refugees Toybtsx ChtsATy Lovc-gift for Mission7 Unspe¢ified 'mission' DUF Collection for Ruth l)olm8 Iix) 3022 324 480 683 542 499 324 480 683 542 499 829 829 559 545 227 454 125 252 1300 559 545 227 454 125 252 1300 066 205 25 750 750 Fellowship Aetiviti¢s CiifL Aid Tax R¢¢ov¢ry IiiiL'rc%r Rccciycd ChariFund Divid¢nds 524 26(1 753 1941 524 48192 50 16228 443 1558 so 16228 443 1558 21591 458 'roTAL INCOMINfj RESOURCES £110782 £159194 £269976 £96303 £8627 £104930
UORN BAPTIST CHUR RECEfpTS & PAYMENfs AC NT FOR THE YEAR ENDED 31 ANUARY 21)24 untricted Restii*xl Tothl Unrestricted Restricted 2023 Total 2023 nditure Mini8ier's Employment Cleaners. Employment Manse Costs Ministry Costs Chap¢l Utility Bills Ma2ntenance and Fabric 40910 5553 3228 150 3327 5421 40910 5553 3228 150 3327 5421 3594 6173 3334 318 4342 22WI 6173 3334 318 4342 22 Architect's Fees and Building Survey Ncw Building Costs "QBC 250" C¢lebratioDs Running Costs and Consumabl¢s Printitlg, Publiciiy & Sthuonery I.T. & Sound 12gal and Insuranc¢ C05ts Bank Charges Subs¢ripiion6 Fcllowship Actlviti¢8 rellow%hip Fund YoLlth and Children's Work if,ftei)endent Examination Fe¢ Idicen¢¢ Safeguardin8 Course Frison Awgxeness Course Missions and Causes {s¢e note 3) 2500 501 501(kS 800 470 976 297 1522 245 736 2557 800 470 976 297 1522 245 736 2557 700 170 456 766 544 945 1958 1589 239 617 1958 1589 239 617 1799 700 208 468 1497 208 468 1497 176 456 766 22695 5357 23457 TOTAL OUTGOING RFSOURCES £IIYJ395 3790 £l(lJ185 £8557 £95461 NEf INCOMINGI{oufGOING) RESOURCES 4387 1670 109791 9399 70 9469 (16701 TOTAL FUNDS BROUGHT FORWARD 92682 7413 IC(rfY95 83283 7343 626 TOTAL FUNDS CARRIED FORWARD £98739 £111147 £21YJ886 92682 7413 £I(KKJ95
QUORN BAFfL%r citURCH STATEMENT OF A&srrs AND LIABILrriEs AS AT 31 JANUARY 21124 2024 2023 CURRENT ASSETS Investments HSBC Bank Accounts Santander Bank AccollnL$ FITSt Sfep$ & Baby Steps Ba]&nee Cash irt Hand Stewaidship Account Debtors 48475 148392 10115 2768 137 43534 39874 14994 1574 119 l O &AL CURRENT ASSETS. £2Q)886 £IXI95 TOTAL CURRENT LIABILITIES NET CURRENT ASSETS 209886 TOTAL NET ASSETS £209886 £l(X)095 CHARrrABLE FUNDS kP.kniifiLicd Designated UnrLslricted 111147 38475 60264 7413 33534 59148 £209886 £ltJ)095 Approved by the Church Officers on 4 April 21J24 signed on the&r behalf by:" Dr D Bates 'I'rea.%urcr
QUORN BAprtST CHURCH NOTES TO THE ACCOUN15- FOR THE YEAR Ef4DED 31 JANUARY 2024 ACCoUrING a) These accounts have been prepared on g wh basis and inelllde itKome and expenditure &q is received orpaid. b) The ac¢ountg have been preparcd in acconkn with: È) The Charities Aet 2011. ill The hsstoric cost basis of ¥counun& PENSION COSTS The church is an employer participaiing in a rEnsion scheme known as th B8Pti%t Pension Scheme I'the Schem¢"l. The Scheme is a separgte le8al entity wkn.ch 1$ administered by th¢ Pension TDJSt¢¢ {BaptiSt Pension Trust Limited). From January 2012. pension provision is being m&1¢ through ihc Dcfined Contribution IDC} Plan within ihe Scheme. In g¢nerai Members Wdy 8% of thcir Pcnsionable Incomc aNJ employers pay 6% of members. P¢nsionable Incotne inio indivtdual pension dccounis which are oper3ied and managed on ha]r of the Pension Trustee by Lcgal and Gen¢ral Life Assuranee Society Limited. In llddition, the employerpays a further4% of Pensionjbk Income to cover Dth in S¢rvice Benefits, administrniiott costs and 8n asw¢iAied ZJLSUnth¢¢ lIcY which wovidL5 incornc pfo¢¢Liion for Schern¢ member5 in th¢ ¢vent that th¢y £ unabl¢ to work duc lo lonK-i¢rm incapaciiy. Thc inrA)me protection tK)licy has been in%iired hy the Buptist Uniotl of Gr¢ai Briiain with Unum Limi. Membets of ihe Basic Seetson pay reduced eoniribulions of 5% of P¢nsionable Incom< their employers also pay a 18] of 5%. Benefit4 in respect of Èèryi¢¢ ptior to l JIVry 2012 ar¢ Provid throuzh th¢ D¢fincd Dcn¢fJt (DB) Plan wi(hin ih¢ Schemc. Th¢ main beftefits for pre 2012 servi¢¢ w¢rr a d¢fin¢d t¢nefit p¢Thsion of one eighticth of Final Minimum Pcnsionablc Income for each year of Pensionable Service. gether with additional pensiott in resp1 of premiums paid on Pensionablc Income in excess of Minirnurn Pensionable Income. The S¢hem4 pr¢viously known &s the Baptist Ministers, Pension Fund, Started In 1925. but wos closed to future ac¢Nal of defuKd ken¢fit8 on 31 D2¢¢mb¢r 2011. A fornial valuation of the Mini8trts' Fund wa5 forMed ai 31 Dee¢mber 2013 by a professionally qualified Actuary using th¢ ProjeLted Unir Meih(xl. The marke( value of Ihe DB Plan assets at the valuaui)n date wgs £162 million. The valuation of the DB Plan revealed o defieit of %$setB compared with the value of liabiliti¢$ of £84 million (equiyalcnt to a past seryice funding level of 66%). As a result of the valuAtion, in thlilion to the contributions (o the DC Plan sei out above, it has bc¢n agreed to incTe&Y the standard raie of deficiency conrribuiions from churches and other emplnyers involved sn the DB Plan from I 1% of Penstonabk fncomcjminimum Pensionible incorne to 12% from l JanuAry 2017. The contributions will trt based ort each church's or otheremployer's F¥)sition ot March 2017. Somc churches and other emplnyt.rs that were ortly involved in the DB PI8D for • short period will pay less thJn 12%. A$ 4 31 Ik¢¢mlxi 2018 the estim2ted deficit on A teehnical provisiort basis has r¢du¢ed to thround £50nJ. The key financial 0ssuJrJption$ wKlerlyin8 the vjluaiions le follows: Type of A5sumpuon RPI price ?nflaiion Assumption CPI price inflauon Assumpuon 2.85 Minimum Pensionable tn¢ome tncrew (CPI plws 1.0% pa) AUmed inVesellt returni - Pre retirement - Post retirement Deferred pENsion incr¢as¢s . Pre April 21J(y) - Post April 21)09 3.85 5.10 3.95 2.50 Pension increases - MaiD %cheme pension Pre April 2CK - Main Sch¢me pellsioD Po8tAwil 2( 2.30 As there is a 12rge number of contributing employers participating in the Scheme. the Chlrch is unable to identify its shaTe of the underlying assets gnd 11a.11ts of the Sehem< Ac&)rdinglyp du¢ to the naiure oFth¢ the pJofii and loss charge for the period repN¢uts thc employercontribution5 payabl
QUORN BAFfL%f CHURCH NOTKS TO THE ACCOUNTS- FOR THE YEAR ENDED 31 JANUARY 2024 NS Under the current Recovery Phn signed in SepLember2020. deficiency ¢0[b1bo$ are payable uffttil lune 2026. These contribuuons arc broadly b¢d on the employer's mcmIrshIp ai 31 December 2014 and incTea5c annually in line with in¢reases to Minimum Pensionable Incorne as defined in the Rules. At the end of June 2022. the Baoist Pension Sclrme signed an agreememt with the inwrgrtec eompany Just Group I'Just'l to secure mcmFKrs' pension benefits the DB Plan. This aSeMent is referred io as a'buy-in ptsli¢y'. It follows a similar agrttm¢nt with Iust in 2019 that covered mo# nsionS in payrncnt at thut The combined agrecfflcnts m¢an that Just are now providing fin111 btitkirtg for all DB F¢nsions provided through the Schem¢'s DB Plan. The ei)si of such policies is largely driv¢n by financial Maets and thes¢ have moved iubstantially in th¢ Scheme'5 favour. particularly over the course of the It few months. As a Tesuli. this transaction thkes the Scherne out of a shortfall posiiion for the first lime in two decadu. Alihough Tisks remain. the Baptisi Union and the Th]stee of the Scheme have agreed that defsclt eontsibutions from parucipating employer in the DB Plan bt redueed to just £1 per month fmm August 2022. Unrestsic(eAI ReSleted R2D¢ts Funds Total Unrestricted R¢5tTiCted Fund$ Funds Fuftds 023 Total n2 Ven¢7.uelan Refugees EMBA Home Mission Bapiist Mission Socicty Disdsier Rtlief DUF India Spurgeons Thc Bridge ITKI Carpent¢r'$ Arms N¢w LifG- Gambi Soor Valley Food Bonk Tear Fiind (Generall Tear Fund (Ukr8inel Roihley Church (Ukrainian T¢fu8ees) Rothlry Churth {Uk¥aincl Manali Hoii Pi(al Japan mi10n SOAR Bul8aSIA Appeal BG&REKim 125 125 360 4516 185 324 125 4625 324 1925 42(K) 316 18CO 20 17 1600 828 50U 350 828 683 7(Kl 350 542 499 $42 51)0 559 545 227 454 253 559 845 227 454 2S3 3(M) 12(Kl 870 121)) 870 720 330 720 720 350 720 i()00 CAstJc Donington aiuffch Samaritan's Purse Rainbows Pern Children's Trust Steps Love-gift for Mi10nl¢S Collection for Ruth Dolma K Anthews I Horne S Gibb {Hope Church) CAHlliope Church 50 50 270 50 205 50 270 50 205 1300 750 13 750 121)0 1560 18 18(Xl 18(M) 12(Kl 1560 181K 18 £is¥Ji I £3084 £22095 £5357 £23457
QUORN BArfLST CEIURCII NOTES TO THE ACCOUNTS- YOR THE YEAR ENDED 31 JANUARY 2112A 024 2023 M & G ChariFund Grccn Paslu 38475 10(Kxi 33534 £48475 £43534 The maTkct valu¢ of the M & G ChatiFund at 31 January 2024 was £36702 (2023.. £34312). Interest on the GTeen Pa$iur¢5 inv&stn*nt 15 rcccived annually. Asai 31 January Asat 31 JanuDry Fcllowship Fund New Buildings Warm Church BMS Birthday Scheme Children's Musieal In$trnment Fund Spurgeons The Bridgc & Cgrpenter's Am]s Soar Valley Food Bank Tear Fund (General) DisAsier Relief Venezuelan Refu8e DUF Love gifts foT Alan arml Megan Barker Love gifts fi)r lan and Juliana HOTh Unspecified donaiiort to 'mis510ft' 4865 104479 154585 1501Chfj) 770 11670) 185 (185) 1778 1778 480 683 542 499 324 (480) (683) 1542) 1499) (3241 (641) {100) (155) (50} (251 25 155 £7413 £159194 (£5379)) {£1670) £111147 Grnnt for'warm Church. transferTed from res¢TiCted io unrestricted thds to ¢over use for heating Ojmd food us¢d for warn) church openin8 between November 2022 and August 2023. As 31 Janllary As&t 31 January EKtraordinary Reir Fund 33534 1941 38475 £33534 £1941 £38475
QUORN DAFfisT CHURCH NOTES TO THE ACCOUNYS-FOR THE YEAR ENDED 31 JANUARY 202A ESIGNA D FUNDS TrfflNUED The Tn]slecs have agr& that £3( annum tAnifeTr&l fmm un[e*d Fund£ into g DéEiBnitod Furtd for IOyeat5 to bjild up a fund to ¢overexpected repair costs to the Chapel Ri)of. The ¢hapel buildin8 IMc¢liDg Strcek Quom. t12 SA and ihe manx (23 CrJ(k)ck Dtivc. QU0 LB12 8ER) atc own¢d by the E&st Midland Bapiist Th]51 Cornpany as cuSdIan truse for the church.