Registered Charity no. 1151428
Guiseley Baptist Church
Trustees Annual Report and Accounts
Year Ended 30th September 2024
WYATT & CO
Chartered accountants 125 Main Street Garforth Leeds LS25 1AF
Guiseley Baptist Church
Year Ended 30th September 2024
Contents Page
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustee's Annual Report | 2 |
| Independent Examiners Report | 9 |
| Statement of Receipts and Payments | 10 |
| Statement of Assets and Liabilities | 11 |
| Notes to the Financial Statements | 12 |
Guiseley Baptist Church
Year Ended 30th September 2024
Legal and Administrative Information
Reference
The Charity is called “Guiseley Baptist Church” and is registered with the Charity Commission for England and Wales as an Unincorporated Association (1151428).
Guiseley Baptist Church is located in Guiseley, Leeds and is part of the Yorkshire Baptist Association and Baptist Union of Great Britain.
| Registered Charity | Number | 1151428 | |
|---|---|---|---|
| Registered Office | Guiseley Baptist Church | ||
| 24b Oxford Road, | |||
| Guiseley | |||
| LS20 9AS | |||
| Website | www.guiseleybaptistchurch.co.uk | ||
| Trustees | Ministers: | Revd Gill Thurgood | Resigned November 2023 |
| Church Secretary: | Mrs Joy Liles, | ||
| Church Treasurer: | Mrs Elizabeth Allen | ||
| Deacons: | Dr Paul Connor | ||
| Mrs Carol Cook | |||
| Mr Crispin Northey | |||
| Mr Andrew Penny | Resigned January 2024 | ||
| Mr Tony Tofrik | |||
| Mrs Ruth Evans | |||
| Mr Philip Lerman | Appointed January 2024 | ||
| Primary Bankers | Barclays Bank UK PLC | ||
| 1 Churchill Place | |||
| London | |||
| E14 5HP | |||
| Independent Examiner | Nigel Wyatt BSC FCA | ||
| Wyatt & Co Chartered Accountants | |||
| 125 Main Street | |||
| Garforth | |||
| Leeds | |||
| LS25 1AF |
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
Reference
The Charity is called “Guiseley Baptist Church” and is registered with the Charity Commission for England and Wales as an Unincorporated Association (1151428).
Guiseley Baptist Church is located in Guiseley, Leeds and is part of the Yorkshire Baptist Association and Baptist Union of Great Britain.
| Registered Charity Number Registered Office Website Trustees Minister: Church Secretary: Church Treasurer: Deacons: Primary Banker Independent Examiner |
1151428 Guiseley Baptist Church 24b Oxford Road Guiseley Leeds LS20 9AS United Kingdom www.guiseleybaptistchurch.co.uk Rev Gill Thurgood Resigned November 2023 Mrs Joy Liles Mrs Elizabeth Allen Dr Paul Connor Mrs Carol Cook Mrs Ruth Evans Mr Philip Lerman Appointed January 2024 Mr Crispin Northey Mr Andrew Penny Resigned January 2024 Mr Tony Tofrik Barclays Bank UK PLC 1 Church Place London E14 5HP Nigel Wyatt BSc FCA Wyatt & Co Chartered Accountants |
|---|---|
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
STRUCTURE, GOVERNANCE AND MANAGEMENT
The governing document of Guiseley Baptist Church (GBC) is the Church Constitution. At GBC the Charity Trustees include one minister (when in post), and eight deacons elected by members of the church at our Ordinary Church Meetings. The method of appointment of deacons is set out in the Church Constitution. The Charity Trustees are responsible for making recommendations to the church, but ultimately decisions on all matters rest with church members at the Ordinary Church Meeting and/or Special Church Meeting. Other members of the church may take on specific responsibilities at certain times depending on their particular expertise, but they remain accountable to the Charity Trustees and, ultimately, to the Church Meeting.
During the period October 2023 to September 2024, the GBC Charity Trustees met thirteen times – eleven meetings to focus on items of routine business, and two to discuss issues of a more strategic nature. The ‘strategy’ meetings were initiated, during a time of pastoral vacancy, by the Charity Trustees to ensure matters relating to the longer term were being addressed. These additional (strategy) meetings will continue until we have a new minister in place. There were four Ordinary Church Members' meetings, one taking place alongside an Annual General Meeting held in April 2024. No Special Church Meetings were called.
Policies for the protection of children, young people and vulnerable adults are available on our website and a hard copy can be provided on request. Our protection policies include an outline of the procedure for accepting volunteers and the requirement of a DBS check. Regular training sessions are provided and anyone working with children, young people and vulnerable adults is required to attend.
PUBLIC BENEFIT DISCLOSURE
Main activities
The Charity Trustees are committed to enabling as many people as possible to worship and become part of the community and fellowship at GBC. We do this through our regular church services, which put faith into practice through prayer, the centrality of scripture, sung worship, sacrament, and through several other weekly programmes and activities.
When planning our activities for the year, the Charity Trustees have considered the Charity Commission's guidance on the Public Benefit requirement under the Charities Act 2011, and specifically the advice to charities for the advancement of religion. We place a high value on enabling ordinary people of all ages to live out their faith as part of our community through:
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worship and prayer, bible study, communion, fellowship, preaching and teaching, in order to develop knowledge of, and trust in, Jesus Christ
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provision of pastoral care for people within the church and those living within the wider community
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mission and outreach work
To facilitate this work, maintenance of the fabric of our church buildings is essential.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
OBJECTIVES AND ACTIVITIES
Purposes
The principal purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
The Charity Trustees of Guiseley Baptist Church (GBC) have the responsibility, together with the rest of the church, of co-operating with members of the ministry team, comprising our former Minister Revd Gill Thurgood (who resigned 30 November 2023), Youth and Children’s Worker Joe Millar, and Interim Pastoral Lead Revd Helen Lambert (appointed in July 2024), in the advancement of the Christian faith and the promotion of the whole mission of the church: pastoral, evangelistic, social and ecumenical. The Charity Trustees are also responsible for the maintenance of the church buildings. The main activities undertaken in relation to the purposes outlined above are summarised in the ‘achievements and performance’ section below.
ACHIEVEMENTS AND PERFORMANCE
Ministry
From October 2023 to September 2024 the ministerial team was made up of Revd Gill Thurgood, Minister (full-time) who left at the end of November 2023, and Mr Joe Millar, Youth and Children’s Worker (full-time).
To provide support to the church family during the time of pastoral vacancy, Rev Helen Lambert commenced employment in a temporary (part-time) role from July 2024 as Interim Pastoral Lead.
Church services
We hold a weekly Sunday morning worship service, with significant input from members of our church family who are gifted in preaching, teaching, musicianship, and technology. Our young people lead a less formal monthly Sunday evening service called ‘Step Out of the Traffic’. Additional services take place around Christmas and Easter.
Membership
As of 30th September 2024, GBC had 94 members, and others regularly attending the church services and other group activities.
Prayer
Prayer continues to be an essential aspect of our life at GBC. We have an established ‘Prayernet’ where people can send requests for prayer that are forwarded to all those who have signed up to receive email and/or text message updates. Prayer ministry is offered to people at the end of the Sunday morning service. A monthly men’s prayer breakfast takes place on a Saturday morning and a women's prayer and bible study group meets weekly.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
House groups
Several groups take place – mainly in people’s homes – so that adults can meet to study the bible, pray, and share aspects of their lives together. These groups serve to provide encouragement, friendship, and pastoral care amongst those who attend.
Foodbank collection point
During the year the chapel building has continued to be used as a foodbank collection point. We have a basket in the foyer to receive food donations and other items, which are subsequently taken to the Bradford North Foodbank.
Alpha courses
In collaboration with the prison chaplaincy, we ran two Alpha courses with incarcerated men at a Yorkshire Prison. The last course had over 15 prisoners signed up to attend. Great feedback was received – the prisoners were very attentive and responded in different ways – some moving towards faith and sharing with others. In September 2024 we started an Alpha Course in the church on Wednesday evenings.
CAP Job Club
Our Christians Against Poverty (CAP) facilitated Job Club started in May 2024 and ran for eight weeks, led by a GBC member (CAP Job Club Manager), with the assistance of five volunteers.
Cornerstone
Cornerstone, our weekly Wednesday lunch group, welcomes older members of the church and community to share a simple meal with the opportunity for prayer and bible study offered to those who attend.
Involvement in wider Baptist life
We are involved with the Yorkshire Baptist Association (YBA), with some of our church members attending and/or supporting various initiatives. We appreciate the support the YBA team has provided to us – in particular, Rev Kez Robinson (Regional Minister) for her advice to the Charity Trustees during our pastoral vacancy, and Rev Ann Chesworth (Legal Property and Trust Officer) for her expertise in respect of the sale and purchase of property this year. Our Church Secretary provides safeguarding training on behalf of the YBA. Our Youth and Children’s Worker, and several of the Charity Trustees, attend the annual Fresh Streams conference.
The chapel building
Our chapel building continues to be well used throughout the week by several different groups from within the church and the wider community and is available for special church services, such as weddings and funerals.
We continue to host Mainly Music, a group where parents, carers, and pre-school children can come together to sing, play, and enjoy the company of other families.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
Community facility
We host two table tennis clubs which are attended by members of the local community. One is for young people, and the other for adults. Other groups using the chapel building include a flute ensemble and Slimming World.
Building development
In April 2023 church members agreed, at a Special Church Meeting, to purchase the building adjoining our chapel using proceeds from the sale of the church’s second manse (which was no longer required), along with donations and loans from members and the wider church family. This was seen as a wonderful God-given opportunity with potential to improve our current ministries, extend the reach of the church, and enable greater connection with the community. It would also enable the church offices to be moved on site and made more accessible.
In February 2024, we were delighted to complete the sale of the second manse and the purchase of the adjoining building – known by its ‘working title’ – the Hub. The following month, we were released, one year early, from a lease to occupy some offices nearby, which we no longer required.
Youth and children’s work
Our children and young people have continued to grow in their relationship with God under the leadership of Joe Millar and our team of committed volunteers who support the youth and children’s work. We have several groups for youth and children meeting through the week as well as groups with age-appropriate activities on Sunday mornings. Joe continues to be involved in the local school community where he provides pastoral care in the Student Support Centre, acting as a bridge between the school and GBC.
Pastoral care
Pastoral care is provided by the current Interim Pastoral Lead and a small group of pastoral visitors. However, we see pastoral care as a shared responsibility of all church members. Pastoral support within the fellowship happens through friendships, house groups and the various other groups that meet throughout the week.
Mission and evangelism
Helping those in need, both in the UK and overseas, is a demonstration of our faith. The church gives regularly towards the work of the Baptist Union of Great Britain Home Mission, Baptist Missionary Society World Mission, and Leeds Faith in Schools.
We have made several special offerings during the year to help those in crisis. Our Harvest 2023 Appeal raised money to support the work of Tear Fund’s ‘Practice what you Pray’ project, and money raised during our Christmas 2023 Appeal went to support the Joanna Project in Leeds.
Money donated into our Communion Fund is used to provide financial gifts to members of the church family, or others known to them, who are experiencing hardship.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
Volunteers
We are thankful to all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular:
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Our Church Secretary, Joy Liles
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Our church finance team, made up of our Treasurer, Liz Allen, together with our Administrator, Sue Tofrik (who volunteers in the church office once a week and at home, as required) and Trevor Bradley
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Stewart Liles for taking care of fabric matters
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Other members of the diaconate for their valuable contribution to our ministry and general running of the church.
FUTURE PLANS
In early May and June 2024, we held two prayer breakfasts to spend time listening to God and one another and looking at key bible verses. A number of themes emerged (summarised below) as to how we might adapt and use our new and existing buildings in the future, and the steps needed to increasingly make Jesus known to people in our area through missional and community activities.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
FINANCIAL REVIEW
All assets of Guiseley Baptist Church are used for the direct charitable purposes of the Church. The trustees consider that the financial position at the Balance Sheet date is satisfactory, and the Church is able to meet future obligations.
At the year end the unrestricted fund balance was £156,009 (2023: £113,743) and the restricted fund balance was £34,479 (2023: £73,384).
During the year Guiseley Baptist Church had total receipts of £228,355 and payments of £224,994, resulting in a net surplus of £3,361. During the year the church sold the second mance and purchased the ‘Hub’ for the same value. Their Land and building value held as fixed assets remained the same. During the year Guiseley Baptist Church repaid the outstanding loan on the second manse, leaving one remaining loan on the first manse, and expects to use some reserves to fully repay this loan in the coming year. Other loans for building projects will also be repaid in the next few years.
Reserves policy
As a guide the church seeks to keep unrestricted reserves of three months of normal running costs; £42,005 (2023: £36,709). At the year's end the church held £104,277 as unrestricted free reserves, which is above the trustee's agreed guidance.
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Guiseley Baptist Church
Year Ended 30[th] September 2024
Trustees Report
TRUSTEES’ RESPONSIBILITIES
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
• State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements.
• Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue its operations.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' annual report was approved and signed on behalf of the board of trustees by:
Approved by the Trustees
==> picture [414 x 116] intentionally omitted <==
----- Start of picture text -----
Name of Trustee: _Elizabeth F Allen_
Signed on behalf of the Trustees: ____
13/01/2025
Date of approval: _________
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Guiseley Baptist Church
Year Ended 30th September 2024
Independent Examiners Report
I report to the trustees on my examination of the financial statements of Guiseley Baptist Church ('the charity')for the year ending 30th September 2024.
Responsibilities and Basis of Report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nigel Wyatt BSC FCA Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
Date: 21/01/2025
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Guiseley Baptist Church
Year Ended 30th September 2024
Statement of Receipts and Payments
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | Funds | Funds | ||
| Note | £ | £ | £ | £ | |
| Receipts | |||||
| Donations and legacies | 192,712 | 17,018 | 209,730 | 227,597 | |
| Other income | 17,775 | 850 | 18,625 | 35,779 | |
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| Total Receipts | 2 | 210,487 | 17,868 | 228,355 | 263,376 |
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||
| Payments | |||||
| Expenditure on charitable activities | 3 | 168,221 | 56,773 | 224,994 | 152,220 |
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| Total Payments | 168,221 | 56,773 | 224,994 | 152,220 | |
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| Net Receipts / (Payments) | 42,266 | (38,905) | 3,361 | 111,156 | |
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| Net Income and Net Movement in Funds | |||||
| Total funds brought forward | 9 | 113,743 | 73,384 | 187,127 | 75,971 |
| Transfers | - | - | - | - | |
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| Total Funds (Cash) Carried Forward | 156,009 | 34,479 | 190,488 | 187,127 | |
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| Represented by | |||||
| General (unrestricted) | 146,543 | - | 146,543 | 104,277 | |
| Designated funds | 9,466 | - | 9,466 | 9,466 | |
| Restricted funds | - | 34,479 | 34,479 | 73,384 | |
| ────────── | ────────── | ────────── | ────────── | ||
| 156,009 | 34,479 | 190,488 | 187,127 | ||
| ────────── | ────────── | ────────── | ────────── |
10
Guiseley Baptist Church
Year Ended 30th September 2024
Statement of Assets and Liabilities
The accounts are prepared on a cash basis and thus there is no formal Balance Sheet or Statement of Financial Position. Instead, a statement of assets and liabilities is outlined giving an indication of the charity's assets at the year end.
Fixed assets are stated at the insurance cover value.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Fixed Assets | ||
| Land and buildings | 1,650,000 | 1,650,000 |
| Fixtures and equipment | 100,000 | 100,000 |
| ────────── | ────────── | |
| 1,750,000 | 1,750,000 | |
| ────────── | ────────── | |
| Bank and Cash in Hand Balances | ||
| BU deposit account | 117,137 | 109,565 |
| Guiseley Baptist Church Current Account | 73,138 | 77,413 |
| GBC 'Equals Money' account | 193 | 121 |
| Petty cash | 20 | 27 |
| ────────── | ────────── | |
| 190,488 | 187,127 | |
| ────────── | ────────── | |
| Loans and Creditors | ||
| Long-term loan No. 1 - YBA | - | 32,482 |
| Long-term loan No. 2 - YBA | - | 44,000 |
| Interest-free member's loan | 15,000 | 15,000 |
| ────────── | ────────── | |
| 15,000 ────────── |
91,482 ────────── |
These financial statements were approved and signed on behalf of the board of trustees by
Elizabeth Frances Allen
Name of Trustee:
───────────────────────────────────────────────────
Signed on Behalf of the Trustees:
─────────────────────────────────────────────────── 13/01/2025
Date of Approval:
───────────────────────────────────────────────────
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Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
1. Accounting Policies
Basis of Accounting
The financial statements have been prepared on a cash basis when receipts and payments take place through the bank account or petty cash.
Public Benefit
The charity constitutes a public benefit entity.
Going Concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources and the money has been paid.
Expenditure and Liabilities
Expenditure is recognised on a cash basis when payments have been made through the bank account or by petty cash.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund Accounting
Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often known as a ‘special offering’ in the church.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
2 Analysis of Receipts
| Analysis of Receipts | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations and legacies | |||
| Standing orders | 143,843 | 480 | 144,323 |
| One-off donations | 160 | 3,665 | 3,825 |
| Envelopes / cheques | 1,270 | - | 1,270 |
| Cash | 6,478 | 362 | 6,840 |
| Gift aid | 40,961 | 12,511 | 53,472 |
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|
| 192,712 | 17,018 | 209,730 | |
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|
| Other Receipts | |||
| Hire of premises | 8,691 | - | 8,691 |
| Other income | 4,944 | 850 | 5,794 |
| Interest | 4,140 | - | 4,140 |
| Loan | - | - | - |
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|
| 17,775 | 850 | 18,625 | |
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|
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|
| Total Receipts | 210,487 | 17,868 | 228,355 |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations and legacies | |||
| Standing orders | 134,862 | 120 | 134,982 |
| One-off donations | 513 | 52,283 | 52,796 |
| Envelopes / cheques | 1,140 | 3,850 | 4,990 |
| Cash | 9,158 | 2,405 | 11,563 |
| Gift aid | 23,266 | - | 23,266 |
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|
| 168,939 | 58,658 | 227,597 | |
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|
| Other Receipts | |||
| Hire of premises | 20,138 | - | 20,138 |
| Other income | 481 | - | 481 |
| Interest | 160 | - | 160 |
| Loan | - | 15,000 | 15,000 |
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|
| 20,779 | 15,000 | 35,779 | |
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|
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| Total Receipts | 189,718 | 73,658 | 263,376 |
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Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
3 Payments on Charitable Activities by Fund Type
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Ministry | 93,950 | - | 93,950 |
| Mission | 20,213 | 5,168 | 25,381 |
| Premises | 23,173 | 12,668 | 35,841 |
| Capital equipment | 19,811 | 6,762 | 26,573 |
| Other | - | - | - |
| Loan repayments | 11,074 | 32,175 | 43,249 |
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|
| Total Payments | 168,221 | 56,773 | 224,994 |
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|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Ministry | 91,845 | 2,075 | 93,920 |
| Mission | 20,577 | 3,308 | 23,885 |
| Premises | 26,837 | - | 26,837 |
| Capital equipment | 1,105 | - | 1,105 |
| Other | 2,536 | - | 2,536 |
| Loan repayments | 3,937 | - | 3,937 |
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|
| Total Payments | 146,837 | 5,383 | 152,220 |
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4 Volunteers
The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further details about volunteer contributions to the organisation.
5 Independent Examination Fees
Fees payable to the independent examiner for 2024 2023 £ £ Independent examination and preparation of the financial 1,380 960 statements
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Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
6 Staff Costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 30,080 | 46,457 |
| Social security costs | 3,457 | 6,093 |
| Employer contributions to pension plans | 6,432 | 11,298 |
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|
| 39,969 | 63,849 | |
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The average headcount of employees during the year was as follows:
| 2024 | 2023 | |
|---|---|---|
| Average Head Count | 1 | 2 |
No employee received employee benefits of more than £60,000 during the year.
Key Management Personnel
The charity considers its key management personnel to be the staff team. The remuneration received by the full staff team is noted above.
7 Trustee Remuneration and Expenses
During the year one trustee (2023: 1) received remuneration for their services to the charity as an employee and not for their duties as a trustee.
The employment remuneration payments have been authorised by the remaining members of the trustee board.
| oard. | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Rev G Thurgood | 5,606 | 39,629 |
During the year 3 Trustees incurred out-of-pocket expenses of £485 (2023: £1,463) for the day-to-day running of the charity's activities. The types of expenditure include training, travel expenses, administration costs, pastoral gifts, and other charitable activity expenditures.
8 Related Party Transactions
There were no related party transactions which took place during the year (2023: £0)
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Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
9 Analysis of Charitable Funds
| 1 Oct 2023 | Income | Expenditure | Transfers 30 Sept 2024 | Transfers 30 Sept 2024 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| General | 104,277 | 210,487 | (168,221) | - | 146,543 |
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|
| 104,277 | 210,487 | (168,221) | - | 146,543 | |
| Designated Funds | |||||
| Legacy fund | 9,466 | - | - | - | 9,466 |
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|
| 9,466 | - | - | - | 9,466 | |
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|
| Total Unrestricted | 113,743 | 210,487 | (168,221) | - | 156,009 |
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|
| Restricted Funds | |||||
| Building fund | 65,905 | 11,765 | (51,605) | - | 26,065 |
| Communion | 2,120 | 727 | (450) | - | 2,397 |
| GBC Mainly Music | - | 850 | - | - | 850 |
| Other immaterial restricted funds |
5,109 | - | - | - | 5,109 |
| Special appeals (e.g. Harvest, Christmas) |
250 | 4,526 | (4,718) | - | 58 |
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|
| Total Restricted | 73,384 | 17,868 | (56,773) | - | 34,479 |
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|
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|
| Total Funds | 187,127 | 228,355 | (224,994) | - | 190,488 |
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16
Guiseley Baptist Church
Year Ended 30th September 2024
Notes to the Financial Statements
Analysis of Charitable Funds cont.
| 1 Oct 2022 | Income | Expenditure | Transfers 30 Sept 2023 | Transfers 30 Sept 2023 | |
|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | |
| Unrestricted Funds | |||||
| General | 61,396 | 189,718 | (146,837) | - | 104,277 |
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|
| 61,396 | 189,718 | (146,837) | - | 104,277 | |
| Designated Funds | |||||
| Legacy fund | 9,466 | - | - | - | 9,466 |
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|
| 9,466 | - | - | - | 9,466 | |
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|
| Total Unrestricted | 70,862 | 189,718 | (146,837) | - | 113,743 |
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|
| Restricted Funds | |||||
| Building fund | - | 67,980 | (2,075) | - | 65,905 |
| Communion | - | 4,310 | (2,190) | - | 2,120 |
| Other immaterial restricted funds |
5,109 | - | - | - | 5,109 |
| Special appeals (e.g. Harvest, Christmas) |
- | 1,368 | (1,118) | - | 250 |
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|
| Total Restricted | 5,109 | 73,658 | (5,383) | - | 73,384 |
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|
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|
| Total Funds | 75,971 | 263,376 | (152,220) | - | 187,127 |
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Fund Descriptions
Designated Funds Legacy fund
Funds relating to a legacy received by the Church.
Restricted Funds Building fund
Funds were donated to support the purchase and adaptation for church use of the building and land adjacent to the chapel.
GBC Mainly Music
Contributions towards attending our 'Mainly music' group for young children and their carers.
17