REPORT OFTHE TrUSTEES AND FOR (A COMPANY LIMrtED BY GuARyfEE) Higgirtsjn & Co(UK) L 200. 204 Hi8h Strcet Sth LU6 3HS
STOPSLEY BAFfisT CHURCH CONTEP4TS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 P*8t Rqrt ottheTT¥Stees l 10 Report tsfthe IndwdeDtAtydlttsrs 11 ts) 14 15 16 Statwent of Cwjh FJoTrJ Nrfes totheststeuwrt of Cash Flm 18 19 28
STOPSLEY BAIryIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 the fu1#1 statements of the cbarity for the yr ended 31st December 2023. Thc trhLStett have the provisions of Accou18 al Rwting by Cbariti¢s: Slatrmrnt of R¢¢(ded Pl7C£ appliL¥blc to clthrities preparing their unts in accordatKe with th¢ Fi181 RyrtinB Sthtthrd 4WicalAe in the UK and Rewbli¢ of 1relat IFRS 1021 {effective l January 2019). ObJefdv¢s and Stopsley Baptist ChuTth CSBC) ts eonjnlllled to its d)J1veS of8dvaKing the aristian faith. rdievxng si¢kness and finaD¢ial bardship. and and prttavitig S1 beality Ixrth iti the UK and the wider woA¢L through the provision of goods, servic4 wtslsellittg Futh¥Kally, the6e ¢nds are twrwj by the provision of dI1p1¢shiP commlti4 Beacon5. The dDJrch believes that the gwj of Jesu5 Cthtist is not fc thC within the alone and i& ther¢for4 commitd the message of fomd in the This is Fnwsued through a range of ou¢rexh auivities in L4th)n atml in th Missi( activitics of ovetsw pknmers. 2023 saw &8 a churth tt wttkty praycr and refitction time that readt IKyond rAW local gwphy aod make (mr colltt act¢ssible. where it Commutjity GanJEn Clill$ to be a f¥ci]ity that is znd loved by many. It is overM by C of Beacons knt Maundy Thursday, joining with friettds from Si cburch and i18 catleS for p3ss¢r5-by to see as the night (laFkMed,' it has also been the of an Egg Hunt arul 8 xzie of BathoJ¢s for All dursng the sum months and open to the wid¢r coMMty. The space hls i*cn a C1[]Sh rnccting place arnon8St others by a lo Following the l¢K41 conw]tation made in 2022 aThJ furtber eng88alI within the churth f¢llowthip. these plans takcn firm 5h4s and we are that w(th will in 2024 aTrJ the facility. now refetr¢d to as Th¢ Living ftom the charity A R(th &$ an Eco ChutrlL A lcgxy ljas Inade 1¢ w11•1¢ for us to explote the itistsllation of solar panels on the ¢bUb roof that will ffduc¢ catlw fixJtyiDt a1 create $i1finI saiiw in enw costs into th This alone. with(XLt th¢ Tnany other artiviti¢s thaf SBC lea& aTKI gllyly fulfils the uiteria for public benefit laid down by the Charitie5 as well gkKifying the God wbom we follow in Jes% ChrisL The visi¢)n 4¢ SBC is expressed as an aspirdtioo '8n cxtcn¢kd famity. 8rowinB aTMi being trJTrsfotn in Jesus Christ and th8rin8 the gwd news wlKr¢ver we go,. Our duxeh is Sunday dub Lf a rEIi8iOU5 8roup as ch but a wbol¢ lift commwty. looking to J5 Cbrist and lt to and ¢onthcts. The mission of th¢ cburth is to
STOPSLEY BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEfvfBER 2023 This is pwwed througb our Sunday 84thmngs. both oDlin¢ aDd in perso and through the life of ow Beacon GTO mijsional familic8 that s¢¢k to thur¢ lif¢ and faith and be places of ettcoura8ement in taking the good news into the whole of our lives. It would b¢ l¥u¢ to say tha¢ StOF6l¢y Baptist Chwth in all its rich vartety a si8nificant impact in offering a wide r8J)ge of opporttmity to enb8¢ th¢ well-being of th¢ v4ider loeal commurtity aionBside our deep commitmenl to Sh8 the good news ofJe8usChrisL Slgnlllcant acrfvltlej 2023 Saw us continuing to e4ioy 4 vibn¢ rhythm of 88th¢r¢d wor8hip we¢k by week at our miiti buildinB. This include8 committlleni to thnctioning int¢rgenerntionally. ¥d4pting te¢hing to be eonsistent beThveen Adults and children and 8doptiTJg ways of being togeth¢r that seek to ¢ngag¢ aThl learn from all agGs. W¢ hgv¢ irt¢r¢as¢d th¢ gmouttt of participation in services. which ar¢ now routirtely d¢livertd throu8h a vortety of eh8n8iti8 people week by week. We have a readin& 8 time of wayer Sloryllin8, eithw ID person or throu8h video InleW8. We se¢k to be internciive and hav¢ used text nmsaging 8nd flipth8rts to allow for y¢at¢r comrnunitation irtvolvement. We oftett offer some forni of syinboli¢ response time thal a]Iow8 pw)le of all ages to take on Aspects ofthe life of faith thot are beinB offered gnd tsu8hL We have secn a wider variety of people gpeakin8 and are lookin8 to release more voices in the fithjre. We also offer Opportilti to ¢tt8aBe itt worthip in diff¢r¢nt ¢ottt¢xts and medi& througknut the week Wond Sunday mominB. Garden Chureh. mcclinB monthly. thxws irt f8milies attd offers a way to cnwc in faith throu8h lh¢ outdoors natu - it mgk¢s exc¢llcnt us¢ of our C¢)TDrnwiity G8rdcn f111. Mcsgy Church hss 8150 rontinucd to be pgrt of ow worship. mc¢ting ha]f tcmliy 4nd giving Jnothcr ¢omrnwJity of pcopl¢. not ¥¢rn gen¢Trlly on Sund&y mornin& a ditYer¢ni style of opporfunity to pwsue N life of fhith in Chri¥L Paichwork on Mondays, a dropiti session aimed at both the older 8eneration and youn8 parenty continues to fjtt 8rowin8 numbers wttk by week and has becMe important point of lIac¢ for many. This tim¢ always incoryotate8 a Clear Cl'stian m¢85a8e atKI H chance to re401 through a prayer activity. Alowid¢ thi6. we have contitwed to offer mat¢ti818 for children on Sunday morning. Thi8 18 8upport¢d durin8 the week by broadcasts through our SBC Kids Facebook page, youth sessions and Beacon meetin8& as well as reBul mailing, nol only to people infonned but lo otfrr Klour6 fordevelopioB fa1th-in1ted life at home And wlKteverwe 80. OUT on]in¢ pr¢s¢nc¢ hyy w15Q Wlltinucd through th¢ now ¢Btsblish¢d Rise and Shin¢, morniug prayer T¢fl¢ction tim< whirb 8en¢th aY¢ra8¢ of 80 vi¢ws per w¢¢k al i5 rhIng p¢opl¢ b¢yond our ¢¥tablish¢d ¢on8regation. In ¥peci fj¢W50nB. E4sterund Advent. we bave included a gpxst ID these tirne8 and made the offering more of a conversation. We have hosttyl a 8e¢wI 'Diffm¢e' ILy)king * learning to understand PEopl¢ with different beliefs alld managin8 fruitful relationshipj in y plur41istic oflen divided 8oci¢ty. We 8180 hosted an Alph4 wurse introducing a nurnber of people to the bh8ics of Christian faith. W¢ also introduecd a Pre&chin8 Course kninin8 & rttsmber of PBopl¢ from Kvffl¥l different local churches
STOPSLEY BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 OBJECTIVES AND ACTIVTnES SlgDlfitallt #ttmdes Ill 2023 our Sunday moming ministy for kids and young pw)k continued to flourislL We looked * a series that followed the semions called The Long RoAd to the Cr, and then moved onto taiknng about 'Acting Spirit-FuUY, which Also mirrored the teaching UpsrS. In the tUrn x we went through 8 FaithinKids Curriculum to help us utthrstand our identity in God and discovff who He says we are. W¢ develOd our monthly 8114g¢ s¢rvic¢5 to explore a bible story togeilKr and aKourage encounters actoss the Bencrations that point to Jcsus. We cOntinulY redesign our family are& upstsirs to irtclude & scnsory tenL with a weighÉed blank nois¢rfancelling hdphOneS and 5en50ry toy4 to help those who might n¢ed that Spa available. We a150 contimied updating baskets full of colouring page& little bible Story books. stickers. uayon& more 8ensory toys and wotshe¢ts relevant to each Our vleekly email to families continued ittcluditig SUPPOrt materi and resource8 to equip parcnts and ¢arffl3 to rais¢ G(v&conn¢¢t¢d dhildrn. We also send out we¢kly emails to our volunteer te8nkS for Surtday$ that Sha r¢SOu and Jo 1vhit¢Eo meetswith individuals otul families vtho need some extra wpporL We contitwed ¢0 outdoor 4ciivities in the Community Garden that we faith b&ed, including a In0nY outd(x worship stssioll calledGardcn Churth wlwe we cn888e with Gol His ¢reati(M and ¢a¢h other. W¢ also ran a Light Patty &ctually the Community Gtrden this year. &% a Halloween ternative. which many of ODununity famili supporte Our Fwly Years s¢s5iOllS are oversubsLYibed and we often have a waiting IisL. Our B¥byb81¢)o sessions for under ones provide a place for Kew paralts io mEet each other and the lIdMInd 51( offers a place for those in that profwion too. W¢ ¢ontinu¢ to use bible stories and soDgs al a praycr in thc SCS5iOJLS which h&s th8nged the focus of what we do. Our seaso1 olthions for Eastrr. Harvest and ajristnjas also pmvide opporWnity to share Ourjunior S¢¢tiort of the Boys Brigade continuesweekiy and welcomes Iws from the communityW Messy Churth Mew Church contirnies once a half term Thursday afternoon and is regularly growing and chIng new familiw. We Messy Easter and Mew Christm&s on Sunday mornings as a whole dwrch initiative and families who ar¢ at SBC duTiDg thc weekatteDded. Following on from the success of our intergeller8tional Patchwotk s&sions on Monday mornings, we ran Sumtntt Patchwork 8wions for all oge5 on five Mondays in the sunjmer holiday weeks. This was popular 8md saw all generntions joining together tooking at different Bible chHrnct¢rs through aetivxtiffj ¢r4ft4 game4 8on8s Bnd teachin& for¢ having IuDth together. We re8Y provid¢ ¢ollediv¢ worship to local pritnary school4 sharin8 bible stories iitik¢d with the va]u¢ of the month aDd, on special oc0810 focused on Faster and Christmas. We also r4n some Year 6 trartsition swions at th¢ ¢nd of tb¢ SumMte linked to th¢bible story ofJondh. In September we introduced Ki&q Social4 which is 8 group run for ¢hildr¢n in primary schooL as a chance for them conrKct with each ¢)ther. This has seen more ¢hildren coming frDm th¢ conjmuttity and our weckly conBr¢gation than our SBC famili&s and ithas been a fun time • tog¢tkn.
STOPSLEY BAiYfisT CHURCH REPORT OF THE TRUSTELS FOR THE YEAR EI¥DED 31ST DECEMBER 2023 At th¢ slsrt of th¢ year. we ran two discipleship 8n)ups" (ffle fw 11.14 on Monday evenings and onc for 118 ycar oldB dlcd 'l80ite' on Sunday cvaJin8s. 8rrAp followed a similar cutriculum and eDcowaged involvement and ptticiwiort from the yOg pts¥le ttK4nsclvc& (kn monthly SLial session dTaw5 ag¢ 8fDUPS ¢og¢ther and cNles a Mm1Y and c4)wtion arml wides a of fi1 kn Sqxathr we both of these 8r¢)up5 to me¢t iogeth¢ron 8 Thwsday ¢v¢ning. Ow SundAy morning 11.14% group Contin whik we the over 14s serve tm4 4Wt fn)m a monthly session to %Jcialise aTtd be tsughi some lethship skill& Just Girls 1$ a diseipl¢ship mttty DM)Dthty for all 11.18 grls •nd is kd by a committed temi of ladies wthift8 thro 6DJdyin8and knkingat WLm)ert in the Biljle. This includ&s ¥ lime ofcTrfting to Boys Bri8ade conytty meas weekty for 11.18 •nd l% se¢0 m•ny of them wtyk towards &hieve their txthe ofEdinbw8h Awa We held 8 youth Weeka in Mar¢h called 1$¢0¥ wlm w¢ lotsk¢d * oyr id¢ntity, spirittwl gits and purpose. ThtB W#$ 8 Ji8nificADt time tolmild relioo51upsand en•lAeivJng pek to kws and their f•ith. 2023 saw ba 3 wle whith w45 cclebMi(w ofall th•f G1 Iw dLYK. In Au8U84 we wok • of our olts Y( ts the S*llit£8 feAival by Youthsw whith a brilliant time for them wow in their connectirffi with gain cxpericnce in confidence in pyyin8 for ¢¥h oth. W¢ already have 14 you08 peopk $i¢d 4J to this ev¢nt aftcronly tsvo wceks since tickds were availabl¢. Catrion8 ond the tearn h¢ #NI >vr thwin8 2023. We he develLyI Ill of our Oroup MeDtorin8 ww5¢s w a way tha¢ ¢ncouA8es ¢oftversation around 8 thble and invites pp)pk into a new story wh IIKY 50rnethin8 with an arVcTrfi while th¢y bave th¢ availabl¢ to open up And share their thoughts. W¢ hav¢ also njadc T( for social time in otderto allow fTicnd5hipJ t&) grow. people art facin8. Our PArt ID this is to1Th8 8w•r¢neM to y(w people in 4 whieh hrlp to prev¢nt them bQmill involved in hamjthl aetivitie& Dwing th¢ year. GHM ha8 S¢fUllY IAunched a new Gmup MertLKin8 C04uw TrlangiD8 S&fely' • around kttpin8 le aw8re of the the streets. Topics iDcludcd online frry, bullyin& 8wd bad fiiendships and fety strtt We also talkcd ab¢t how within crime you can be 8uilty by aS8o¢iatioD. people to rn•k¢ friends and d¢v¢lop their SOCI skills and we a]so intrLMluee bite-5ite parts of ow ¢xistsng courses. The llUTnbrrs gttcDdin8 bavc IrcaS and w¢ have fMI thai the friendships within thi5 W include every age attendin8 which is a real joy to #eL It Iws also help thc y(lger on¢5 whoioin w (m SAtstrd2ys beforc th¢ ¢QUTS
STOPSLEY BAFfisT CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2013 GHM now provides the followiD8 nwij) servi . Group Mentoriti8 Cours4 Ul]ding SeIf.Est, and D¢aliDg with An8&, for ag¢5 &13: . Grw M¢ntr(ing CouTh4 'Explorin8 Identity Through Creative Pness'. Six Word<. "H8 Out SAfely" 'Six W¢¢k8 of SwntD&. forages &12. . On¢20n¢ M¢ntoriD& Club Evenin8 fct 11-15 We welcomed Ellie-mae Waller io our ieam in Semanber as ow nvw Rdatsonships •ThJ Admitiisty¥¢b)n knisilnt •nd are thankful to Rxbd GilliN forbu w(thr. rknin8 the Sumw holid•ys W¢ fow Holiw thy% with IwKb povitsl. These s¥¢tssful Ind we Ire pI•witi8 them win in 2024. Lcin8 to the turt. we have been approoched by two sctr#)ols who have beth so impruwj with the they have seen in yoiin8 people attendin8 our seNices would like us w provide simiior 5uiyori within the schools. We are currently in convernwon with them to plm a forward. Tr church continue8 to •Jpp)n ov¢n¢ag in the Bglkw caMdi& Pakiswi. and the Mi¢Mle EasL SBC has of the thurth are living over¥eas puM1Y lIe otheTh vi¥1¢ for p¢riods of up lo two Itth$ at a ¢ime. We have 4180 develop¢d ptibIpS with pAstors from chu[th ov¢Tr¢as thrDugh Rjdstork Ministri¢4 ¥5 well 98 8 link with o pN6tor in Ni8ryi& who we ve ¢(Yme¢t with •nd fvndrnise tow•rds a well projsXL Members of our hurcb and leadmhip W¢Ff i¥Lvolv¢d in a in ma last yw 7IKff thry wtr¢ abl¢ to m#t with of our mi8sion Pl. Alyide thi& we etthe¢tM zts)m emiil wilh ail ofour mission Pae$. We continued to sup and worts) the w(Yk ora number of rdivities bued in which se¢k to or¢rate with Off friendship and bjsic skills of th¢ differeni ethnic 8rrws fwHI in the low notsbly amw Pakistsni Muslims. Thcx Iwjl outrwh oPWx17¢$ 8r¢ (yw)rtUDity for mpny in Lw thwch fwnily gel involved ill s¢Trin8 and reacbin8 OW to the Comty. thts was raisal by the SBC famity following the dkilth of our Glohl CtMii¢les Ind the we gave OD Gloixl s1&y. our SPEciBI mission tsy. This fiumls the tnd17rid¥ who Inv0fv in eduutiTh4 5¢Tr7ng tbc pwr and eipPing and develq)in8 leada3. The Church continu¢s ty WQTk Iwd offry to thLty¢ WI att¢Thi and to the widtr ¢0Mmlty. Our is to provid¢ this PTimaTily th[gh the wolk of Bearn By way of r¢gular Meetin V1hth and friendsbip, rnY of our schL¥)Is. This ts ed suppty F4r¢eh io referrths re£eived either pttwnally or through a rge of agmcie In the last year. well parccL4 in rwnse to indiv1thl rEferral4 wc provided gi(ts Azal4 of our Ifxal
STOPSLEY BAiyfisT CHURCH REPORT OF THE TRUSTEES FOR THE YEAR EI¥DED 31ST DECEMBER 2023 The clwrth continues to value ils senior ciliz¢n& The Patthwork meeting on a Pdonday provides a thopio spo and offers craft tiVItie We ar¢ now back in a regular ThhM offerin¥ a Sunday WOTShip IM)ur on the fu5t Sunday of the tnonty with a variety of speake[5 refirshmcDts after the service. This L5 eomplcmented by TueSdS Togetherf. a tnonthly rn¢¢iing for S¢nior5 in our chUh building. This h&5 bccn attended regularfy by a faithful number who have ¢Djoy¢d th¢ te8ul8r comp8ny it provid&%. The SertiotS are led tltrough a small bui committed team of volunteers wbo not ODly make arrangements butwovid¢ WE. We support the development of a ¢ommw]ity OUtrh proj¢ ¢•]l¢d Tr Tent Project., led by one of our membcts and liyered in partnership with S¢ Thomas, Church wnd others. A Sin8inB Caft is tM)w along5idc the Tent Pzoi which has up to 80 att¢ndee In Winter month& we provided both a wann space and H we¢kly'P8y as you can, me81 for the lo1 community Called ood for All,. Numbers were biBh bu( the rncai iim&s prowded an important meeting p)int for a number of fawilies d olderpeople. Jodeed food is a significant part of our life together. W¢ now havc a monthly breakfast provided before our Fca rviceg #nd occasional shared suppers th we have called for thc Nations,. conceived as a space to build relationsbips and ¢elebrat¢ thc dtvu3ity of ourcommuDity through catitig together. of the Ch entre Ow vision r¢m•itis to be open to the wider community 8T known as a safe and w8rn1 place to visit The foyer 8t¢a is availabl¢ d4ily to anyone and selfpservice tea and ¢off¢e are available. We have secn some from our Early Yeo sessions and other lthkiti8s using this facility and we are hyful that in time more people will see this as a welcom¢ The h8rd WO of our bking8 rn8n8g¢r seen the eontinued use of the building as a venue for letting to a number of local group$. This h&$ setved both to be a useful source of incom¢ as w¢ll as aD ¢xpression of our vision to be a space for extended f8nJily and community. We are grat¢lknl ftsrail the bard WO of the stsff. aswell as for thc vo1w1tee WI make life at SBC possII)I Our staff team are extremely l1¢tious. and wg for thelr cortyniknent given that activity Tell1 high attd staffing levels are lowcr. Intern5hip5 in our Early Yws atml Youth and Chilthu's work came to an end in July 2023 lld wewere able to ret]ect both on a good quwlity ¢xtrtrie for those who have been serving and also on the benefit for our wozkthrougb our intems in thisperio 8 of July, we were able to Tec1¢ an &ssist¥nt to our Youth Wmi Childrn's worK one of the previous yes itrtertis, whi¢h Iw provtded more capacity in thatare& We have akn re•aTranged our O•ioDs AdnImi fiJD¢tion ID 2023. following th¢ tir¢mrnI of our Exrtutive Director in yy. This Iw b¢en athi¢v¢d by developin8 one of our existing staff into on Op¢rabons roll. Ii is hOd that they will be in a Fwition to take overthe role llY by July 2025. In December 2023. our Senioi Pastor that he would be moving on at the tnd of Junc 2024 aftcr 15 yeS in the role and our Finat Officer will be retiring in AugLrt Th¢ Impact of this will need to be wotknj thtwgh in the coming months but th¢ strength ond depth of the church community m¢an that we well plaeed to navigate a *itiOn and take the oppOrty to renea al ffview before movin8 into ancw sra50R its th¢ futtwE. yearw¢bapti8ed4 peoplc. At the cnd of 2023. the ChUh had 212 membrr
STOPSLEY BAFfIsT CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEIKBER 2023 Flnattdal posltlon During year under miew, the ObJtiVe was to maintsin the reserves in thc E¢ncral in line with the ¥gteed JliLy. was a surplus for the year of £4.906 (2022 £64.755) in tbe general Th¢ designated fund reduced by £61,834 leaving a b8]ance of £115.766. Thue was a sutplus in restri¢i¢d fimds of £6594 (2022 incr¢J5¢ of 7fj9). Toral income for the year was £569.405 (2022 £747,893) and totsl ¢xp¢nditur¢ £642.739 {2022 £496.769). More detailed inforniation gArding incom¢ and ¢xpendittwe be found in th¢ to th¢ Fitwirial Stat¢nwits. ltsve5tmentpoU¢y and •bJrfdves Th¢ trusiees consider that the prtsent lIcY of investing fiJrtd4 IA higher TBte bank accounts offers the leost risk in the ¢urr¢Dt ttonomic ¢limat¢, although int¢rcst rnt¢s continu¢ to low. The fim& received fn)m a lew have been investol in th¢ B¥Oists To8ether 3 Month Notice Accow The trust¢¢s hav¢ ¢¢)nsid¢r¢d the requirEments for r¢serves bed itrn the njairt risks to the fill]n The ttstricted aclivities are mainly 8upF¢d from contr¢ts or fiu]drgi5iO8 all of these activilies could be reduced without Silficant risk. Reserves are therefore only required to cover unresknctcd activitic4 nelY get1 fim Approximately 90% of g¢n¢ral fiwd In¢0[ ¢om¢s from th¢ rc8ular w¢ekly or monthly commilmcTht frorn Mcmbets the gift aid Tecovered on IL Consequentty. it is ¢onsid¢red that th¢ wire5tricted fjJn<b not cornThutted or invested tangibk fixed assets should ultimalely be no le&4 than 1.5 montlLq ofexpenditure. As of 31 Deeembtt 2023. the ger81 fimd ruerves calculated on th¢ abov¢ b&sis w¢re £125.851 r¢presentin8 3.6 of futurc expERditure. on the budged expendilure (or2024, the teserve tar8et will be £52.769. FufuRE PLANS W¢ continue th Oale out of our vision Statllt that envisages our church as'an eXded family growillg and t¢itig trwJsfOrn inJews Christ and shoring the good news wheTherwe go., The COnulty engagement asped of this has seen significani developmcnt in 2023 and it will contillue in the coming yeor. The GYeenHouse Hub Project has become a r¢al focus. plans are being draw up for buildiDg works and (et are being Anviied to complete this. linking the commuDity garden to the GreenHouse building and preparng a commutiity spaeq the Living which will be used for commwiity events and as a dropin spaca The Stopsley Community Chaplaincy continues to thrive. Together, these represent our continuing intention to reach out into the commullity with care and with the gosrKI. The church h&s a paMJetship now as well with the FoodblL acting es a distrib10 point weekly. The future will be a Silf1¢nt prwccupation for th¢ thurch in th¢ coming month5 as they s¢¢k direction following the resiyjotion of the S¢nior P8Stor aTKI hi5 IvIng ai the end of Jun¢ 2024. It is w tirn¢ to b¢ gr8¢eful for the wid¢r leadu5hip that 15 establislwd [, aTKI for the whole church to comc tog¢thcr. list¢]4 talk and discem. In additio we will be seeknng Mem who will be willing to step fotward whcre volunteer supFort is needd SBC will not be merely waiting but cth)tinuinE to live and re out in this lOd of chw. STRUCTUR4 COVERNANCE Af4D MANAGEMENT CoverTh1% doeumeDt Stopsley Baptist Church was regtsternl as a company limitrd by guornn(ee ond having no slwe ¢apitsl on 14 April 2011, compally ttumber 07605036, and registration as an independent charity was wted on 22 January 2013, cb817ty outnber 1150563. Until 20 Sept¢mlKr 2013. SBC operdtcd an uniThcorporatcd busine&s and had exeepted status Vi8 the Baptist Union of Great Britai who is th¢ ¢u5todi8n trustr for the church properties. Wilh effect fiDm l OctobEr 2013 all irtcotn¢ atsd expetiditur¢ for SBC h&s be¢n refl¢¢kd througkn the cotnp8try limited by BuaraDte
STOPSLEY BAFTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31ST DECEMBER 2023 STRucfuRE GOVERNANCE AND MANAGEMENT Reerultmettt Dd appolntment Df new trnite Eldets are apw)int¢d by J fonnal ballot at a Churth Memba5' Meeting arf ¢)n aPPDintg( automatically become trust¢¢& Thc minimum number of cld¢r5 is thr¢c and there is no maximum numbcr. An elder seThes for an initial tern? of thr¢¢ yews but rnay be reappointed for fvrther lern)s. No restrictions apply to the Senior P8Stor who is auton81 an ¢ld¢r pnd OTg4Dtsadon#l strn¢tUTe The are cOunbIe for the overall manal of SBC. This report contsins a list of those wl¥) seDrtd iti this Lwacity. The day-tsHlay provision of S¢TVi¢¢S 13 overseen by a staff team led by the Senior Por. This team is r¢spoD&bl¢ for th¢ operational manag¢ment of the charity. thc recnjitsnent and SupeISOn of voluTrteers the development of skills and prrxedures in line with good practic& There s0 approved policies for Volutrteers. Inv¢stm¢DL Risk MaDagemeni Conllict of IntuesL safegUdIng vulnble Children and Adu]ty Complaints Handling and Paying Stsff. SBC is a nwnber of the Bapti Union of Gr¢at Brilain and the Central Baoist Association. IndudioD and of new tru5te¢5 New ttwstees are eXpd to familiarise themselves with the tharity and the eotttext within whith it OWdt¢s. They are alsorequired to read the Charity con]mi10n publicaiion"The E8ential TnL8e. Whal you nttd to kni)w" Affillllons aDd r¢lRdoDshlps SBC i5 a of Churcb&% Togcthcr ID Luton and h&8 Iell involved in tOWD-wide initiativ¢8 thtouth the umbrella of the Transfortning Luthtt Orgwli1On. ltt 2023. wc hosted the annual Pcntecost PrdiSC evenL Our Senior Pastor ha5 continued to be involved with a gwup of ministets meIllE frnm across Luton to discuss advLVry for la1 justi. A leadets, breakfa in the aututm included an of rttonciliation bewfftn ehurch minist¢ry was powerfvl a1 laid We eontinue to enjoy good relationships with other chUb¢S a¢ro&s the town and in the irnme4Jiate ar This is withessed by our ittvolvenM( locally with chur¢bes in the Fast ofLU sharing in a Good Friday Walk of WilD5 and re meetings beThveen minisrs. (kn Senior P&qwr contirnjed iti 2023 to serve as the Modctthr at Ranridge Baptist awr¢h as they enter into another Inteeum. memkn of the church ve also proSUPport itioffrring to prkn. We eoniinue to support through individuals. and in sorne Cas &s a church, the WOTk of a nutTh of local th8Titie5 paurth organisatiol Fom)ally. SBC has reeognised four Local Partners with wknm we are se¢kin8 to d¢v¢iop a closer relationship of support and mubjal benefiL In 2023 these w¢re: Azalea. YoullL%cape (Luton). Nvah and the Commuwty Chaplaincy. Rtsk m•nagement The tnJ5tees have a duty to identify and vieW the risks to which the charity is exposed and to en8ur¢ approwil contn)Is are in place w provide reasonable agaittst fraud and ettor. All volunteers working with children young pw)le art required to eomplete Level l online $8fegu8rding tr8irting accessed tljrougb Bedfordsbire Children'5 Seryices, to pn)vide a oJtMt DBS dilosur¢ c¢rtificatr and to attend our anuual kniDin8evepin8'Equip'. Our safe8vardi Poart UTMlcr the ¢hairof¥ Saf¢gwding Trustee, bas metqU8rterly. In the Short try the risks of 8 8hortf811 ID funding are minim15 by the re5¢rv¢s held and the ciymnuknent of the m¢mixrs through donations and monthly standing orders. Intcrnally, procedures are in ptsce for the aUthtIOn of exprndittwe and the rettipt of moni¢5. ComputerrerdS and bank statements are reconciled monthly.
STOPSLEY BAvfisT CHURCH REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31ST DECEMBER 2023 Rtg15tered Company number 076050361En8knd and W£8) Re¥stered Cb8rlty number 1150563 ReBlsthdoffice Stopsley Baptist Church Luton LU2 7XP Trust¢fs N Mattocks (ChaiT) S mdY J Hylton L Mudd C Rob¢rtS A D&vie J Wbit¢ L Yule Auditors Higginson & Co IUK) Ltd Statutory Auditors 3 K¢llsworth Gate 200- 204 Higb Str#t South Dunstable LU6 3HS SDlldto Antlh)ny Colltns Soli¢itOES tLP Bir B3 2ES BAnkers Bwriays BaDkPIc 28 George Sireet Luton LUI 2AE
STOPSLEY BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 srATEMENT OFTRUSTEL8' RESPONSIBILfnF Th¢ trus¢3 (w]K) also the dir¢cthrn of StopsLey Baptist Chh for the pllrp of company18w) are Ypors1b1e for prq)grin8 th¢ Report of the TrleeS and the financial staternts in accordance with applicable law at United Kitigdom Aecoutttitt8 Stsndards (United KinBdom (knernlty Accepbl Accounting Practice). Compony law rwuiyes the ttitstees lo prepa finala] statem¢t)ts ftir ¢ach finwKisl y¢4r which 8iv¢ a In and fair iew of th¢ State of aff&1 of th¢ ¢baTitabl¢ Company and of the incoming r¢SoUr alld appli¢ati¢)n of rwurm in¢iudiDg the income and eXdIt of the dwitabk cornpany for pwiod. In pr¢ForinB th05¢ ftnaD¢ial stal¢meDt4 th¢ s¢l¢rt suitable aOUnting wTr]i¢i¢8 and th¢D apply them mist¢DtIy. ob5¢rve the rnethd5 andprin¢iplcs in the Charity SORP. make judgernents and e$tirnates that are rc&sonabl¢ gndpnthnL pr¢p8re the financial statements on the going concern bssis Unl it 15 iDappropriate to presume that the dwitable ¢ornpany will continue in busines& Th¢ trugt¢cs are T¢S1ble for kecpitsg prop¢r acwunting r¢wrds whith disclos¢ with r¢a80ll2bl¢ al 8ny tim¢ the financial SItiOn of the charitable compw and to enable them to ensure that the [LDanCi &tate[[ts compty with the ComJMnies Ael 2006. They alt a]so respoTJsible for safegutrding the &ssets of the eh8rithle ¢ompotty and h¢rt¢¢ for takin8TA8onabl¢ $t¢ps forth¢ pr¢vetttion #nd ddection offrd and otheritre8ulariti¢s. tn 50 faras the bwtees a aware: tbere 16 no relevant audit infornThtion of which the charitable comp?Y'S auditors are ullaware. 8nd the ttwtees have tal(en steps that they ought to have tsken to make themselyes aware of 8ny rel¢v8nt audit Inf0mtiOll 8ndto establisb that the audbtors Are aware of that infom)ation. AI)DITORS The audito Higgit]son & Co IUK) Ltd will be proposed for re-aPPOitthwrt at the forthcow Annv81 Meeti0& Approved byorderof the board of trStff8 on............ .... ......................... and signed OD its behalf by. N Mattocks (Chair). TnLStee io
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF STOPSLEY BAvfisT CHURCH (REGISTERED NUMBER: 07605036) Oplnlon We h&ve audited the finttn¢ial thtements of SW¢y Church (the 'cbaritsble compan) for the year ended 31sr Dttenther 2023 which MprISe the Ststem¢nt of Financial Activities, the Stat¢m¢n¢ of Fillancial Positio th¢ Stst¢m¢ni ofca5h F]ows and not¢s to the financial Statem¢n tn¢luding a $ummary ol Si]riesn[ aL¥OWItiDg polici<8. The financial r¢portin8 fiamework that h&s been applied in their prqmrdtion i5 applicable law and United Kin8dom ACClIng Stand$ (United Kin8dom Gelleraity Accepted Accounting Prathiee). ouropinion th¢ finart¢ial statements: give a tsue ¥nd thir viw ofthe stst¢ of tbe ¢lwi¢Able ¢ompatys aLTairs as ai 3 ISL D¢¢ember 2023 attd of tts itt¢omi r¢sour¢es ond 8ppiication of resourceK iAcludin¥ its ineom¢ and expendifft for the y¢Ar then ended; have been pmperly prepared in a¢¢oThlance with United Kingdom Genernlly Accepted Acllnting Practic< and bave been wepared in accordance with the requirenmts of the Companies Ad 2006. Basts foropSDIOII We ¢onthted 0r audii IA Aeeordance with Irttern&tiott Standar&q on Auditing (UK) OSAS IUK)) and wlicthle law. Our re4yMsibilitieS Urtder those slandards are ffijrther descnlyed in thc Auditors, responshbiliti&% for the audit of the finallcial sthtements section of report. We Are independent of the ChItable company in accordance with the ethical requirements that Afe relevant to our audii of the financial ststements in the UK. including the FRC'S Ethical Standar al we hav¢ fvlfill¢d our other ¢thical r&stUEsibilitie5 in Cordance with thes¢ rquir¢MCn We believc that th¢ audit cvidencc we have obtsincd is sufficient and appropriate lo provide a basis forouropinion. ConclusloDS relatlng to golng concern In auditing the financi statements. we have coucluded that the trusrees, use of the going concern basis of acctyJEthg in theParatiOn of the finalat sta¢¢m¢nts is appToprtat& Based OD the work we have PErfonne(L we b#ve Dot identified any malerial UlrtainLi£s TelatinB to evenls or coDditioDs thsL individuttlly or collectively. may c&%t Si1cnt doubt on the charitable companls ability ¢0 con¢inu¢ as 8 80iD8 concern for a puiod of at least Thvelve months from whm the fin8rtcial statements t authorised for issu¢. Our re5poDsibilitics and the rcspon51bilitics of the trustees with Twt to going concern 8re d¢8cnlj in the r¢l¢vant sections of this rq Other Infonnidon The trustees are responsible for the other informatioTh The other illfom)atioD com1 the it}ftion iticluded iti the AMWAI Rem other than the fina181 statlents wjd ourRqyort of the IndepNIent Auditoys thereo Our tlon on the financial statements does not cover the other infornmtion except to the extent other expli¢ktly $tatsa ow repoT¢ we do not ¢xw¢ss any forni of a$sUt condu5ion thereon. Jn coDnection with our audit ofthc fiDanciat ststementy our re4K)nsibility is th read the other infornlOn a in doing so, Colder whether the other infonnation is rnatcrially inconsistent with thc financial statcrnmts or ¢)ur k[lledge obtained ill the audii or othmvise oppc8rs io bc TThaterially mis5tatd Ir wc idcn(ify Such material inconsistenci&s or apparent material misstatemenw we are required to detcrMl whethcr this gives rixe to a matcriai M]ternent in the fjnancial statements themselves. If. bed on the WO we have performed we conclude that thcrc is a mat141 mtsstatement of this other inf0mtiOn, we are requited to report that facL We have nothing to repjrt in this re8ard. Oplnlons OD Otber matters pre8ertbed bytbe Ctmnpanles Aet21Th)6 In ow opinion, basedon the work derthth in the course of the audiL th¢ iDf¢)nnation given in the R¢port of th¢ Tn for the fijjancial ye4r for which the fllwJc&AI statements are PTeparcd 15 ¢onsistentwith the fuwi¢tal and - the R4 of th¢ Tte¢S b&9 been prepared in accordancewith 8pplic4ble Icgal requiremen1&
REPORT OF THE tNDEPENDEiYT AUDITOILS TO THE MEMBERS OF OPSLEY BAFfisT CHifRCH (REGISTERED NUMBER: 07605036) Matters ott wbkh we are r¢qulr¢d to report by ex¢eptlfyn In th¢ light ofthe knowledge and wid¢rst8ndio8 orth¢ charitable Jnd its •Jvirotim¢nt obtsined in the COUT5¢ or the •u(tiL we have not Identifi Wt¢r1 mLSStat¢m¢DIs ID th¢ Rert of the Tnjstees. We have nothin8 to repori in respect of the followin8 rnatters wherc the Cornpanies Aet 2006 requires to fEPOrt ts) you if. iti our opiniurt.. adequate accountinB records I¢ not been kept or ttturns adequote for our alit bave not ljeen received from bran¢hes not Trisited by us: or the financial statements are not in agTeernent wth the accounting records And returns. or certain diselosures of tswstees, remuneration specified by law arc not made.. or w¢ have not re1ved ail the infomiation and explanations we require for ouraudii; or the truskes were nol entitled io thkc advanta8c of the snMII companies exemption from the requirement to pr¢pwr Stratcgic Report or in preparin8 the Rewrt of the Tru8te&8. ReJp0bl11t1 of trnitttg As explAirted nk)r¢ fidly IA th¢ Sthtun¢ni orTnle¢s, R¢spollsibilitiN. th¢ tr1¢¢6 (who are 4180 the directors of th¢ ¢hATitabl¢ ¢omp#ny for the purp05ts of ¢ompany 58w) are rynsible for the pwtion of the financial ststernents and ror being $ISfIed thty give A and fAir view. #nd for such iDt¢mal tontrol as the tsu$¢5 dderniin¢ is nec¢68Ary •Mble the pwJ8rn(ion of finallciil ststements th&tArt fr¢¢ from m8¢criwl miAststem¢n¢. whthdue fraud or eTror. In pPuring the finattcial stat¢m¢nts. the thte¢S ar¢ rtsp)nsbi le for wes$ing the ¢haritAbl¢ ¢ompany'8 obility to continu¢ as • 80in8 concern. di8closinB, as applicable, mHlta% related to gOill8 concern and u8in8 the 8OinB Mn¢¢m ba616 of accounting unl¢58 thc tFUSt¢cs ¢ithcr intend to liquidate the ¢horitable company or to cease opeTati¢)ns, or have no rea]i6ltc altemative but to do so. 12
REPORT OF THE INDEPENDE AUDITORS TO THE MEMBERS OF STOPSLEY BAPTIST CItURCH (REGISTERED NUMBER: 07605030 Our ruponslbllllles for tbe audlt of the IlnanelAI itattments Our objcctivu are to obtain reB50nDble &surnnce ab(Trut wkth the fin8n¢ial 8tsturwits as A whole are fre£ from material mi5statemenL wbether thje to fraud or error. and issue a Report of the Ind4xndent Audiiors includes our opinion. ReasonBbl¢ ulnCe is a high level of assur¢¢, but is not a guarank¢ that an audil conducted in COrdanCe with ISAS (UK) will Hlw&ys detect a Material rnisstaternent when it ¢xi$ts. Mi&8tatements can arisc from fraud or error and arc considered material if, irtdividually or in the 888rc8at4 they could r¢asonably bc cxpec¢ed to influence the economic dccisions of users taken on the basis of these firtanrial 5ta(¢m¢nts. Th¢ ¢xLmt to whith our proced aTe capabl¢ ofdcte¢tin8 irregularitie4 including fraud is detailed b¢low.' Identlfylng and auuslng poteDdal rdated to Irryl•rid¢• In identifying and as6e8sing risks of ma181 rnisstatement in Yespect of irre8uloritie4 slUdIng fiaud qnd zw.¢¢)mplian¢¢ with laws Ittd re8ulation4 w¢ ¢onsid¢r¢d ¢lK followin8.' Audit WOTkse 10 risks idcntificd .the n&tUTe of th¢ indysty •Jd 8¢¢tor. control environment and busine88 p•fom]an¢e including the design of the remunerntion poli¢y' results of our enquiries of mAtta8cmeni llbout their ld¢niifi(1Qn gnd 9sscwm¢nt of thc ru4k8 of irregularities. ny matters we identified hoviti8 obtsined And review¢d th¢ Company dUmtation of their policies and ptocedure8 relating to.. - identifying, ¢V8lualin8 ond compl?In8 with 18wB and gulAtions wd whether they weff aware of any InBtll of non¢ornplian¢ - d¢teeting 8nd r¢8pondin8 to th¢ risks of whether they have knowled8e of any actual. 8VSPXted or ille8ed - th¢ Ill[41 controls es¢ablislKd mitig4 ii&ks of fraud or nonwcomplianc¢ with laws and rc8ul•tioM; - the mott¢ts dI55¢d anwng th¢ ¥udit cngagcmcnt ¢¢m including regarding how and wherc fraud mi8ht occur in th¢ fin141 stal¢mcnts and wjtsntiyl Indilor3 of fraud As A rc6uIt of these ptw¢dur¢s. we considewd th¢ opportuniti¢s gnd in¢¢Dtiv¢s thy¢ 11 within the orgallisotioD for frnud and identified the s(¢ poRntial for fraud in relAtioA rtvenue deferrnls. ltt eOTnmon with ail audits ISA5 (UK). we are also r4uir¢d to perforni specific pr(wlures lo respond to the risk of Tha8¢m£nI override. Wc atso obtained on urtderstsnding of the le8al rE8uiwW fi4meWO th4L the Company opernteB in, focu8in8 On provisions of those lows and T¢Bulations that had a d1cl effe on the detemimtiort of material wnounts and dittclosurcs in the financial SleMents. The key I&w5 and rr8ulw1ioT w¢ ¢on5idffed in this ry)11tt included the UK Comp3niu Act. UK CO0[a Governance Code and local Ic8islatiOn. In th11tio w¢ Considered provisions of otheT laws atMI regulations do not have a dir¢et ¢ff¢¢t on the fitw)¢iJl gtatement8 bui ¢ompli•n¢¢ with whi¢li rnjy be fidaMents1 to the Compan$ ability lo opernt¢ or to Avoid 8 matsrial penAlty. These included compliance with Financial Condu¢¢ Authority r¢guia¢EOD for the UK operating segment and complionce with locel leBislation. A degcriptson of ow resFw)Mibilities for the iudii ofthe fmanci415tal¢meDts IB locad on the FinatKiol Reporting Council's websi* at www.frLor&uklauditorsrc8p)rL8ibiliti¢s. This de[iptIOn fonnB pHrt of our Report of the Ind¢p¢nd¢n¢ AuditoTh. 13
REPORT OF THE INDEPEl¥DE AUDITORS TO THE MEMBERS OF STOPSLEY BAPTIST CHURCH (REGISTERED NUMBER: 07605036) Us¢ of our report This report is solely the charitable Conwall6 member as a body, in arcordance with Cbapttt 3 of Part 16 of the Compotiies Act 2006. Our audit wot has been undenth 60 thp¢ we might $ta* to the charitsble compan$ members those nuttejs we are required sthie to them in an audir8, r¢N)rt and for t other purrA)se. To the fijllest exienl pemiitted bylow, we do no¢ a¢¢¢pt or 9s8um¢ r¢4pomibility to anyon¢ other thJn the charitable compatty and the Iiaritablc compa5 membern g bodyj for our auditworK for this ffporn or forthe opinions we bave fomK DOnd M Browrt FCA (Senior Stsiuw Auditor) for and ort behalfof Hi8wn & Co (UK) Ltd AuditOTS 3 Kcnsworth Gatc 200- 204 High Stteet South Dunstable Bedftsrdshire LU6 3HS 14
STOPSLEY BAFfisT CHURCH STATEME OF FINANCIAL AcfiviTtES FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Total UDrestrict¢d D¢sigoat¢d Restricted fimd INCOME AiYD ENDOWMELYfs FROM DoDations and le8aci& 347.796 23,836 371.632 568,574 Cb#rltsble activities Mission Support 50.472 70.554 1,123 12.477 50,472 70,554 1.113 12.477 34,026 91,426 1,054 Organisations Oasis Drop-in Centre 63,147 63.147 43,847 Total 410.943 158.462 569.405 747,893 EXPENDrruRE ON Raising fimds 4.791 4.791 Charltable aedvltles Mission sUprt GreenHouse mtOrillg Organis8tions Gen¢ral 71,152 78,485 1232 71,152 78,485 1232 472.892 14.187 76,089 69,694 1,194 353.814 14,652 411.058 61.834 14.187 P¢osion fund liability t)¥)vement (23,3¢XI) Totsl 415,849 6]34 165,056 641739 496,769 NET INCOMEI(EXPENDITURE) (4.906) (61.834) (6,594) (73J34) 251.124 RECONCILIATION OF FUNDS Total fimds broutht forwanl I.8,425 177.6(Kl 57.572 2.143.597 1.891473 FORWARD 1,903.519 115.766 50,978 2.070263 2.143,597 The notes fomi part of these filial statements 15
STOPSLEY BAvfisT CHURCH (REGISTERED NUMBER: 07605036) STATEMENT OF FINANCIAL POSITION 31ST DECEMBER 2023 2023 Total 2022 Unr&%trictrd Dcsi8ua¢¢d fund Restricted Nolcs FIXED ASSETS Tangibl¢ as5¢ts 1.777.668 1.777.668 1.777fj68 CURRE ASSETS 12 11309 136.975 4.1 90,992 16JlO 343.733 22,764 403,251 Cash at bank 115,766 149284 115,766 94.993 360.043 426,015 CREDrroRS Amounts f811in8due within one 13 123.4331 (44,013) (67.4481 (60,086) Nrf CURRE ASSETS 125,851 115.766 50,978 292.595 365,929 TOTAL ASSETS Ls CURRENT LIABILITIES 1.903.519 115.766 50.978 2.070,263 2.143J97 NET ASSETS I,5.519 115,766 50,978 2,fflO,263 2.143.597 FUNDS Unrestrictcd fund5: Genernl fiwd DeS1*d Ilthd 14 1.903,519 115,766 1,908.425 177,600 1019285 2,086,025 Restrithd fund8 50.978 57,572 TOTAL FUNDS 2.070.263 2,143,597 These finattci#l $¢8tcm¢nts have been prepAred itt 8cwrdance with the prnvisioni applicable to ChIlAble ¢ompani subje¢t to 5rnall companic5 regime. Th¢ fi ancial Btatcments were appmved by the Board of Trust¢cB al authoris¢d for IBSUC on .. and wert s1c on behalf by: N Matto¢ks (Cba1Tj-Tnc The notes forni part of these financial statements 16
STOPSLEY BAiyfIsT CHURCH STATEMEIYT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Not&s Cth tkn¥s from operntlni actlvlttei Cash generated operations {72 J59) 225,998 Nei cosh {used In¥1ded by operating activities (72J59) 225.998 Cgh th)ws from IDvegtlng Aetlvlti Interest received 12.841 1.010 ¢wh provided by inv¢61ing activities 12.841 1.010 Change In ¢h and eash eqvfvAlents In the repordM8 perlod Caih and eaih equlvalents at the benNIng of tbe reportthg perlod 159,518) 227,(KJ8 403.251 176,243 Cash 8nd c¥$h equlvalents at the end or ¢he repordng perlod 343,733 403251 The notes fomi part of thes¢ financial ststrments 17
STOPSLEY BAIryIST CHURCH NOTES TO THE STATEMEIYT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2023 RECONCIII4TION OF (EXPENDTTUREYINCOMETO NET CASH Fw FROM 2023 2022 Net (txpeDd1turelleoe for the rt• (B per the Stttmetst Of Fknatsd Attlvltles) Adjustments rw. (73J34) 251.124 (11841) {I,010) {23.300) (3503} 2,687 6.454 7J62 Ne¢ ¢th (4s¢d IDyprovlW by ynllo (72J59) 225.998 ANALYSIS OF CHANGLS IN FUNDS At 1.1.23 At 31.12.23 N¢t usb 403251 (59518) 343.733 403251 (59518) 343.733 Tothl 403251 (59518) 343.733 18
STOPSLEY BAYtIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 AcCOuNG POIICIES Bth of prepArthR the Th¢ finwial ststements of th¢ Charitzble ¢Thny. vAticb is a thI1¢ i%nefit alty uThkr FRS 102, have been prepgted in accwd8n with the Chsriii¢5 SORP (FRS 102) 'Acccrtmting and Reporting by Chartries: Statement Rew)rtill8 StsTKlard 8Fvlicable TD the UK aThJ Ryblic of Ireland (FRS 102) (¢ffLive l January 20191,. Financial Ryrting SthDdwd 102 Tr Filwicial ReFLKling Stuthrd as4)lie&ble in the UK and Republic of Iretand, and the Companies Aa 26. The S¢athnts ¥¢ Lcrt W¢prd utmlcr the historical ¢osL conventi(. IDeome All income is recwisoj in the ofFinancI AthiliES once th¢ dwrity b•5 ¢Mitl¢mmt to the fiiud5. il is probable the income will be rtteived and th¢ a)nI wi b¢ meaJur¢d reliably. Eed1thre Liabilitiu are rec08Aed Is eXid1 as as the is a l¢pl or r<utyu¢tiVC obligation cornnutting the chariry to that expdilur< It is wobfyble a trwf¢r of ¢¢0[w b¢n¢fits will rcqwrrd ID 8¢ttleml and the Amount of the obli8otion cm be rneamr reliably. EXwMlint is aceowityj for on 4n ac¢nlS b45iS and has been c]a88ified under i1d1N9$ that 8we8ate Ill Cost reld to the elthgcry. Wh¢Ye costs be diredly attributed to particutsr headin85 itrry hve been 1Ville$ • isis ¢onsitht with the of Charl¢able acdvld Clwitable cxFthJityxe c(rfnprM C(ts iKiuted by the chan'ty in the delivay of 1villa 8eNi¢¢8 for its beneficiari¢g. It includes brrth costs c&n be aithd ditealy such a1vi¢S •nd thos¢ ¢oMs oe In constitional and sttOry rw4uireThnts of the chvity 8rd the audit fees and eoms linked w gtix AlloeAllon And pporllollmeDt All costs all(Kated ithve¢n the expdit of the SOFA on a to refittt the use of the re8ourtt. C(fjts telating to a PATticulor activity all4d direuly, (rthers ue aFp)rtld on aty 4)prOt¢ basis ¢.& time spentorclMll u5V U Kt out in N*s 5 to IJ. Tanelbie IL¥¢d 1oets holth the deeds f the followti Church pr¢mi8e8 Old Chyl refittbisbnMi (GenHSe) Land (ncxt toGrtcrtHouse) IJ04,(KK) 373,774 99.894 £1.777,668 stst¢mcnt&Th¢ Old Chyl Building w&q iwilt in 1869 aTh4 was r4erted for UBe a youth c£ntr¢ in 2)2. There is no cost Ild for th¢ Ori81 chapel iwjt the Tefiubikn is In¢lty1 ¢t Th¢ land next to it V4#S purcbth4 in 2002 and is co Th¢ trustees had th¢ al¢ w0f](Y Tdued in Juty 2017. STKI th¢ ope4J mJrk¢t v¥lu¢ of laDd and buildings this valuatic. 19 continued...
STOPSLEY BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUNTING POLICIES-fonthits¢d TanOble fixed amets Equipm¢rtt ¢osting below £5.10 is ¢apitsli8ed. Itenkq costing over £5.000 purchased $in¢¢ l January 2009 ar¢ c4pitsli5¢d. Depreciation is Provided at calculated to write off the cost of each ass¢{ over its exped lifr. Offic¢ ¢qutpm¢nt d¢pffciation is 20% per year. TuAtlon The charity is exernpt from corp)ration tsx on its Chl¢able a¢tiVlti¢& Fund aefovntlng Unre5tricÈed fuThls can be ed in accoydonce with the clwitable objeclivej at the discretion of the trusteej. R4wi¢tei1 fithds con only be used for pArticulor tr1¢t¢d purposts within the obj¢¢ts of the charity. ReStrtlott8 oriso when specifi¢d by th¢ dottor QT whrn fimd8 are Trised f(Kparticulor rcBtricted purpose8. Dc5i8llBtcd funds ¢ompriK yrtrIcI¢d funds thRt have been 8¢t 8std¢ by the trusteeB for specific purposes.The aim and use of each desiated fund 1$ s¢t out in the notes to the financial 5¢aternents. Further explanation of the artd pp of each fund 18 included in the notes the fin8n¢ial stslenmts. PensloD Costs And otber po-rertmellt beDeflts The chaTitsble company OFat¢S a defined c(Trntribution PCTLiion scheme. Contribution8 payable the ¢IlIable ompan5 pension Scheme are ¢har8¢d io th¢ Stst¢mcnt of Financial Actiytlies in th¢ p¢riod to which thry relule. The ¢hatitabl¢ company also nMkes paymeni into The Peoplcs Pensi¢m. COntriblOn$ payabk to these ¢horged ¢0 th¢ Ststem¢nt of Financi Activities in the period to which they r¢lgt¢. DONATtONS AND LEGACIES 2023 2022 Gifts and donatiLmS Off]ll8s Gifl aid Lc8acies 29.079 285.159 57J94 29264 290.365 56.642 192.303 371.632 568.574 20 continued...
STOPSLEY BAvfIsT CHURCH NOTES TO THE FINANCIAL STATEMEwfs- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 INVESTM INCOi¥ 2022 R¢nts re¢¢iv¢d Deposit COunt intere8t 50306 12,841 42,837 1.010 63.147 43,847 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 Source Mission Support GreenHou5e Meniorirt Oasis Dropin Centre Boys Bri8ad¢ Bnd Badmin A¢tlvlty. r#tslrted Mission works M¢nlOrith8 Lu Social A¢tio Orwi8ation eventsl&ctivitie8 50.472 70.554 12.477 1,123 34,026 91,426 8,966 1.054 134,626 135,472 Rthln8 doD•doms ld le84¢1 2023 2022 PrrftaBe aDd Sundri¢s Support ¢osts 105 553 4.133 733 3,839 4.791 4,626 CHARITABLE AlTIEs COSTS Support ¢05ts (see note 7) DI Cos Totals Mission Support GreenH0se Mentoring OrBanisatiotL Gtn¢rnl 01$ DroTrin C¢nlre 71,152 78.485 1232 381.329 14,187 71,152 78,485 1232 472,892 14,187 91.563 546,385 91,563 637,948 21 continue(L..
STOPSLEY BAvfisT CHURCH NOTES TO THE FINANCIAL STATEMENfs- conlintyed FOR THE YEIIR EIYDED 31ST DECEMBER 2023 SUPPORT COSTS Site Finance & Ststion¢ry & uttl1ii Totsls 4.133 91,563 12284 68.454 14517 10.025 6&454 1700 95,696 2023 for the ye4rto 31 DceemEKr2022. io. 2022 Wages and salaries 323.052 21.777 281,021 18205 354529 310.890 Pthsion fimd liabijity moven 354.529 287,590 2022 Dire¢t charithble &#iviti&s 12 12 rA)nlinued...
STOPSLEY BAPtIST CHURCH NOTES TO THE FINANCIAL STATEMErs- conifnwd FOR THE YEAR EKDED 31ST DECEMBER 2023 ii. TANGIBLE FIXED ETs [ilding3 COST Ai Isl JanuAry 2023 aThJ 31st 2023 1,777.668 At 31Jt D¢c¢mbw2023 1,777,668 At 31st Dttumber 2022 1.777,668 12. DEBTORS: AMOU8 FALLll¥G DUE wrrHn¥ ONE YEAR 2022 16JlO 22,764 13. 2023 2022 62212 56.018 67.448 &),086 14. MOVEMENf IN FUNDS Net Ai 31.12.23 At 1.123 in fiuuls U4r¢rtr1 General fithd 1.9)8.425 177.flX) (4.906) (61,834) I.3519 115.766 2.086.025 (66,740) 1019285 27.715 16,962 284 49 12J62 (7.931) 3.156 (98) 19,784 20,118 Global Sullday Isth Luton Boys Bri8ade Badminth Club 38 10,852 {1.710) 57572 (6JJ4) 2.143J97 (73J34) 2.070263
STOPSLEY BAvfIsT CHURCH NOTES TO THE FINANCIAL STATEME1s- continued FOR THE YEAR ENDED 31ST DECEMBER 2023 14. MOVEMENf IN F15NDS-contlThued Net rnOVcnt iti fijnds. included in the above are as follows: Incoming in funds Unrestrftted funds General fund Designated fiu 410,943 (415,849) (61,834} (4.906) (61,834) 410.943 (477.683) (66.740) Restrleted funds Missiort Support GreenHouse Mentoring Global SuDday 15th Luton Boys Brigade Badminton Club O&sis DroFIn C¢ntre 236 70554 50,472 6(N) 523 12,477 (23.836) (78.485) (47J16) (698) (534) (14.187) (7.931) 3.156 (98) (1,710) 158.462 (165.056) (6594) 569,405 (642,739} (73 J34) CoryaratlweB for movement in funds N¢t movement in fi]Dds At 31.12.22 At 1.1.22 Unratrftted funds Gencral fill Desi8nai¢d fiu 1,843,670 64.755 177,600 1.908.425 177,600 1,843,670 242.355 1086.025 5.983 24.099 397 76 18.248 21,732 (7,137) {113) (27) (5.686) 27.715 16,962 GloEMI Sunday 15th Luton Boys Bri Badminton Club 0&sis Dropln Centre 49 12,562 48.803 8.769 57.572 ,892,473 251.124 2.143,597 24
STOPSLEY BAFtIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 14. MOVEMEIYT IN FUNDS. contlnued Comp8v4tiv¢ net movement in funds. included in thc abov¢ are as follows: In¢omin8 R¢so¥r¢e8 Movement expended in fim¢Ls Unrethlcted fvttdi Gener81 Designated fund 405.575 177.600 (340,820) 64.755 177.600 583.175 (340.820) 242.355 Retsltted fuDd¥ Mission Support GreenHouse Mentoring Global Sund&y 15th Luk)n Boys Brigade Badminton Club 08sis Drop-ln Centre 29,246 91.426 34,026 561 493 8,966 (29246) (69.694) {41.163) (674) {520) {14.652) 21,732 (7,1371 {27) (5,686) 164.718 (155.949) 8,769 TOTAL FUNDS 747,893 (496,7691 251,124 A cprnt yegr 12 nwnthsand prIorY12 month$ ¢ombiti¢d ptssition is follows: N¢t movemenl in fvnd8 Ai 31.12.23 A(1.1.22 Unrutrleted funds General fund D¢¥i8ll&ted fund 1,843,670 59W9 115.766 1,903J19 115,766 1.843.670 175.615 2,019285 Rethtcted lknnds GreenHousc Mentoring Global Suoday 15th Luwn Boys Brigadc Badminton Club 00818 Dropln ctre 3,983 24,¢)99 397 76 18,248 13,801 (3,981) (211) (38) (7.396) 19,784 20.118 186 38 10,852 48,803 2,175 50.978 1.892,473 177,790 2,070263 25 conlinued...
STOPSLEY BAYllST CHURCH NOTES TO THE FINANCIAL sTATE1Ts- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 14. MOVEME IN FUNDS- ¢wdhued A current year 12 months and prior yesr 12 months eombined net movemom in included in the alw¢ are follows: Inwming r¢souw ¢xpcnd¢d in fid5 UDreJttlct¢d funds Gcncral fiwd Dcsignated fund 816,518 177,600 (756.6691 (61,834) 59,849 115,766 994,118 (818.503) 175.615 R¢strleted fulldl Mission Support GreeDHou8e Mentorin8 Global Sunday 15th Luton Boys Brigade Badminton Club Oasis Dropln C¢ntr¢ 53.082 161,980 84,498 (53,082) (148,179) (88,479) 11.372) (1.054) (28,839) 13,801 {3,981) 1,016 21.443 (38) (7,396) 323,180 {321,005) 2,175 TOTAL FUNDS lJ17298 (1.139.508) 177,790 I& EMPLOYEE BEfiEFIT OBLIGATIONS The Church is an employer pNrticipating in a pettsion 8¢h¢m¢ kno a6 the BAptist P¢nsion S¢h¢me (he Sclmne'l, which is idmiTris(ered by the Penyion TnL4tee (Baplisi Pension Tru6¢ Limited). Tr &hemc is a sepBratc l¢Bal entity Bnd the #xs¢ts of the Schem¢ v¢ hem 8¢PWXt¢ly from thoBe of the Employer 4nd the other participating employ¢rs. For any month. each partieipatinB cmployer in the S¢h¢m¢ plys ¢ontributson8 98 aet out in the Schedule of Contributions in fOe at that tirne. The Scheme is con5ideTed to be a multi-ernploy¢r scheme as described In S¢dion 28 of FRS 102. This is because it 1$ not Possible to atknbu the Scherne's assets and liabilities to y¢ific employers and that contributions 4r¢ aCCOUDkd ftir as if thc Seh¢m¢ w¢re a defined contribution lne. The pension8 ¢QSIs harg¢d to the SOFA in Ihc year 8re ¢oDtributioDS payable towards benefits and expenses a¢cnwl in thAt year. any impact of deficiency Contributio (se¢ b¢low). From J8nu4ry 2011 pension provision li beirtg rn¢ through the Defined Contribution IDC) Pjan within the Scbeme. In Beneral, memb¢rs pay 8V+ of thL'ir Pcn8Lonable Income and employers pay 6Vo of member Pensionable locome into individual peion account4 which arc opmtcd and managed on behalf of th¢ Pgnsion Tnlee by L¢gal and General Life Arnce Soci¢ty Lirnile(L In Rddiiion, the w)loyer pay5 a fither 40A of PcThsionable Income to cover Death in Service Bcn¢fits, administration cost4 and an a&sociJted insw4C policy which provid¢B income protection for Schemc tn¢mbeTS in the event that they grc unabl¢ ¢0 WO due to long4eTrn Incalty. This income proterfion policy has beett in8ur¢d by the BBptist Union of Grat Britain with Aviva Limited. 26 Continued...
STOPSLEY BAPTIST CHURCH iyurES TO THE FINANCIAL STATEMENfs- contlnued FOR THE YEAR EfiDED 31ST DECEMBER 2023 15. EmP1VEE BENEFrr OBLIGATIONS- Benefits in respt of servitt prior to l Jattu 2012 are prnvided through the D¢finwJ B¢n¢fit O)Bl Plan within thc Schcme. The main berhefits for pre-2012 savice were a d¢fin¢d b¢n¢fit p¢nsion of one ei8htieth of Final Minimwn Peionable Income for each year ofpensionable SerYi¢e, tog¢th¢r with additional pension in rwt ofpraniums paid on PcNsiunable Inme in CxC ofminimum Pensionable Incomc. Th¢ Scheme. previously known &$ the Bapiist Minister< Pension stsfted in 1925, but was closed to future aCcnl of defincd benefits on 31 December 2011. In Jun¢ 2022 th¢ Baptist Union Pension stheme an awcmLYt with the ItUranCe company Just Group (j4t) to wur¢ membas, pensions undcr the Dered Bencfit Plan. This aemen1 is referred as a 'Buy-in poliey". It follows 8 similar agrttmettt with Just in 2019 that cov¢r most P¢Th5iODS in payrnent at that tim¢. The combined agreements mean lh Jwl are tww pmvidin8 financi b4¢king for DB peIonS provided thro the SchLxnc DB Plan. The eost of su¢h Li¢jeS 1$ 18r8¢ly thiven by fincial morkets gnd these have moved subStlIa11Y in the Scheme's favour. As a resuli thi5 tr4n5aion tskeB the Scheme out ora shortfall posiuon. Although risks remai the Baptist Union and tbc Tnte of the S¢h¢m¢ have ad that deficit Contributions from ¢ath participatin8 ernployw in thc DB Plan be reduced to £1 pcr month froTn August 2022. Movement ID BalaKe Sbeot Iliblllty Section 28.1 IA of FRS 102 requir¢5 ¥gr¢ deficit recovery payments to be reco19¢d as 8 liobility. There li rto ¢urr¢ni liability be disclosed, and no fwth¢r liability IB expec.. The profit lom ¢harg¢ for the peTh¢yJ reprcsents thc employer contributions PAyabl¢. The tytal pension eo¥t for the Chur¢h paid the Bapti51 Pension S¢heme L8 £4.531 {2022 £7,271). ContiilMtionN w¢r¢ $0 m•d¢ to The Peoples PaJ8iOTb of £5.168 (2022 £4,392). 16. RELATED PARTY DISCLOSiJRES There Ke no related pty trmctions. 17. PURPOSE OF RESTIUCTED FUNDS Gr¢¢nHouse M¢ntorin8: This is a projecl whith h.elps young people in Luton Khieve their potth#i8] by matching them with re¢ed and trdined volunteer mL0 Funding is received matnly from irthcrwnts and individu41 doll105. Oasis Dropin Centre The Ccntr¢. locod in the LU3 rn of LU ptovides a place of Safety, frientship 8nd Irning for those in Luton with English 08 a 8econd langua8¢ andlor second culture, alonB with thcir friends ortd family. Glob Sunday.. ArU81 ¢veDI wb¢r¢ the focus ig on rnisin8 funds spificallY prowl¢ support &raDts to SBC Mission families lo¢ited world-wide. Mission Support.. Monies received srIfiCallY foT the fimditig of short-l¢rm mi85ion trips and th¢ direct support of missiort fpmilies and outreach both in the UK and overseas. Boys Brig&de & BadmiD. Thc Boy$ Brigade and Bathninton Club organisatiotL8 opera* their own finances are Énduded in the chwch HudiL Copics of th¢tr ac¢ounts ¢8n b¢ ob(ainrd frorn the rwectivc trwur¢ 27 continued...
STOPSLEY BAFfisT CHURCH NOTFS TO THE FINANCIAL STATEMEiYfs- continued FOR THE YEAR EIYDED 31ST DECEMBER 2023 i& DESIGNATED FUND iksignated funds ore unrestrictcd fithds v&ilable for general puw of the Organisatio but whith v¢ CUErently earnm fora partlcu1arpurp.bY the ttwstees. During the 2022 year an TestrICd legacy of £192J03 was rwxived and it w&4 th&t £14,703 should be retained in th¢ GeTh¢ral Fund asjd £177,600 be d¢5ignat¢d forth¢ followiti& Asatol Asat31 January 2023 to2023 Decem 2023 ixul Mi&sion Partners GreenHouse SpLial Projects Building Improvements 19.200 96,000 14.400 -14,900 -20,338 -14.41KI 4JOO 75.662 The 2023 ¢xpendi¢ure is 5hm at)ve. There vlas noexpertdinllr iti 2022. 19. The 8enerai bjnd of £1.903.519 includes the property shown at £1.777.66& resulting a net reserve of£125.851. 28
Stopsley Baptist Church Appendix to the financial statements for the year to 31 December 2023 Additional Information relating to the GreenHouse Mentoring Project and Oasis Drop-in Centre
FUN INCOME G1ft5 •nd rThathj. 35B IndMdu• 17 17 T4¥ Relundi IrKorM Totsl Incafflfrqftowrtts 120 ILS 77 16 136 166 612 37 1233 356 U3 14.652 NetMrN•rnMt In 11.710) l+#ndsbrWfop4r6 348 10I$2 62 (44 L2 zJIIL¥.
IptchuIth App•ffdL¥totheth•fflthlsMtementsforthprto31 D¢ry5nlw2023 AddltlthMllnlomtlon rtInIt0the6nMW1eentoIInsPr Fth IIICOME Gen¢t/S14rd5h1p OBS& FlistNdCfjurs4Contrftrtthons 3 PeaksChallen8e Love L¢rton Run £sy Fundrals4n¥ Arnawn Smll• Other$ S,623 7.136 7.OBZ L260 81 238 122 1.8J4 Tu R•¢und5 925 1.385 GrTmts'. Cwp (11 Cofflmuth Fun¢J & Collgcdn88ox ChlWr•n In Henrysmth Charlty Bed$ & Luton Communw Foundètlon (Luton R4-y0th Fundl 8eds & Lutoncornmunty Fouodatlon (ton Rliln8-CMien5 Fwndl 621 27,245 13,800 10,000 3,742 2C,112 11.000 24,266 70.SS4 91,426 IXPENDrnI vroll Costs 08SCo Staff & MentorTf41th8 3 Po•ks¢hIllV Communltiilons 69,465 295 14 61J65 631 IS2 Sffj411 Equlpmenr ftwDurt• Mitqrfils Catertn8 SubscrIp0& Splh¥•r4 1,33S 1,525 2.955 133 IM26 Tot4lExpendlture Netm0Ment lftfvjnth 7.931 21.73Z fvnds brouihtfor4rd 27.715 5,983 Jndsearrled lorw•rd 19,784 27,715 Thls pl8ed0 notftym p•rtofth•sta¢utory fimnclal swemlots. Howw.w•tonfimith•tthls$hMf•lr r¢ir911hfj transHalon5that rdate to thoGreenllousfjMeniorln8 ProlertindwnfiTh Eh•tthls Incom• and expendhurels contalnBd In the audked 5tstUEOry Ihiral statements. HWn5on &Co Iuxi Ltd (MJ 4glz¥