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2023-12-31-accounts

Sutcliff Baptist Church, Olney

Registered Charity Number: 1151773

Annual Report and Accounts

For the year ended 31st December 2023

Sutcliff Baptist Church, Market Place, Olney, Bucks, MK46 4EA www.olneybaptist.org.uk

Sutcliff Baptist Church, Olney

Trustees’ Annual Report and Financial Statements 2023

Mission Statement

Sutcliff is a Baptist Church family that seeks to look up to God, and out to the world, to make effective disciples for Jesus Christ.

Statutory Information

Charity Name: Sutcliff Baptist Church, Olney Registered Address: Market Place, Olney, Bucks, MK46 4EA Charity Registration Number: 1151773 Property Trustees: The Baptist Union Corporation Ltd. Baptist House, 129 Broadway, Didcot, Oxfordshire, OX11 8RT Charity Trustees: Rev. Stuart Macdonald (Minister) Mrs. Sue Griffiths (Secretary) Mr. James Wharpshire (Treasurer) Mr. Sydney Bond

Mr. Jonathan Billingsley (from 15[th] March 2023, our 2023 AGM) Mr. David Greaves (until 15[th] March 2023, our 2023 AGM)

Mr. Michael Hailes (from 15[th] March 2023, our 2023 AGM)

Mr. Christopher Hanson (until 15[th] March 2023, our 2023 AGM) Mrs. Susan Lynch Mrs. Angela Richardson

Ms. Carrie Walker (from 15[th] March 2023, our 2023 AGM) Bankers: Barclays Bank Leicester, LE87 2BB

Independent Examiner: Mr. Timothy Davies 8, Shepherd Lane, Biddenham, Bedford, MK40 4XG

No. of Paid Employees: 2 (Minister and Cleaner)

Page 2

The Trustees present their Annual Report and Financial Statements for 2023

Charitable Object

The charity is an unincorporated body and is governed by its Constitution which was originally agreed and dated 28[th] November 2012, which states that “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”.

Following the AGM in March 2022 the Trustees and Membership undertook a review of the voting process. This led to a small amendment to the Constitution which was approved by Members in November 2022. A further change to the Constitution, concerning the length of term Trustees should stand for, was agreed and adopted by Trustees and Membership at a Special Church Meeting held on the 25[th] January 2023.

The Church occupies premises which are held by the Baptist Union Corporation Ltd., on Trusts which are entirely compatible with the above object.

Organisational Structure and Decision Making Processes

Baptism by immersion upon personal profession of faith is the normal mode of entry into the membership of a Baptist church. The church applies an open Baptismal qualification for Church Membership, so that persons seeking membership who have not been baptised in the manner described in the Union’s Declaration of Principle may at the discretion of the Church Members’ Meeting be accepted for full membership based on their own public profession of faith. Church Membership is open to those who:

In accordance with the Constitution, the members appoint Elders and Deacons, who together with the Minister, Church Secretary and Treasurer (who are also appointed by members), are collectively known as the Leadership Team and are the Charity Trustees. The Leadership Team, as appointed Trustees, are responsible for the day to day running of the Church’s work and witness, and the financial and legal aspects of the charity.

Church Members’ Meetings are held at regular intervals on not less than six occasions in any calendar year and are an opportunity to consider and review routine matters associated with the life of the Church including issues related to church membership, the appointment of the Charity Trustees, the approval of the budget, with opportunities for considering proposals from the Charity Trustees or other Church Members for the development of the Church and the advancement of its Purpose through its Activities. One Ordinary Church Members’ Meeting each year includes the Annual Church Members’ Meeting for the Church Members to receive annual accounts and reports, to appoint Auditors or Independent Examiners, and to consider proposals for the strategy and vision of the church in the coming year, with other appropriate matters.

Page 3

Objectives and Activities

In fulfilling the Purpose of the Church as set out above, it engages in a range of Activities either on its own or with others that will vary from time to time, with Activities being initiated, expanded, or closed, as appropriate.

The Activities may include but are not restricted to:

Notwithstanding the appointment of persons to accept responsibility for any of the Activities all individuals, organisations, groups, and committees operating within the life of the Church, and their leaders, shall be accountable to the Charity Trustees and also through any specific direction of the Church Members’ Meeting.

The Church operates systems to ensure that all people working with children, young people or adults at risk are appropriately trained (in line with Baptist Union guidance) and vetted with regards to the Disclosure and Barring Service (DBS).

When planning our activities for the year the trustees have considered the Charity Commission guidance on public benefit and in particular specific guidance on charities for the advancement of religion and are satisfied that the activities outlined clearly demonstrate that the charity is providing benefit to the public.

Church Attendance

As at 31[st] December 2023 the Church Membership totalled 92, an increase of 1 over the previous year. During 2023, as a Church, we reviewed maintaining a weekly evening service – in July the membership voted for its continuation. This quieter service has proved to be a ‘gateway’ to Church attendance for a few people over the last year. Encouragingly attendance at the evening service has increased following the decision to retain this.

Achievements and Performance Review for the Year

2023 felt much more like a normal year as the impact to previous years due to the pandemic was put behind us. Attendance at our services and activities continued to improve as people returned to their usual pre-Covid routines.

The new technology and online streaming services adopted in 2022 have proved successful with several people watching the services live and a steady number of views over the following days.

Page 4

The move to have a service leader conduct the first half of the service has been well received and continued throughout the year. The monthly all-age service launched in 2022 has also continued and we continue to explore new ways to attract more families to attend.

With Stuart comfortably settled in Olney, he undertook the vast majority of the preaching at the Sunday services. This was supplemented by preaching from Elders when Stuart was on holiday and we hosted one visiting preacher from one of our mission partners.

Encouragingly there has been an increased interest in meeting in smaller fellowship ‘House Groups’ and we now have approximately 50 people meeting in five different groups across the week.

Importantly we have also been able to maintain our outreach groups and we are grateful for the new volunteers coming forward as some decide to step down. We have also been able to re-start two groups. Firstly, the Art Group was restarted with a new group coordinator in a position to lead this. Secondly, a Men’s Breakfast group which meets in alternate months. The meeting provides an opportunity for the men within the church and any friends they wish to invite to get together in an informal context over breakfast held in the church café.

The Church also formed a new Outreach Group to help increase the number and variety of evangelistic activities that the church organises. A number of people signed up to join, and they first met in June and then on a couple of times during the rest of the year. Various initiatives have been discussed which they intend to start up in 2024.

Church Activity Annual Reports

These reports, by the two Church Officers (Secretary and Treasurer), our Minister and all leaders of organisations / groups / committees etc. that have operated throughout the year have been produced for circulation to members as an electronic booklet and as a paper copy where requested. This document was presented to the membership at the AGM in March 2024 for adoption by them. A copy is available on request.

Main Church Activities

Church Members were able to meet face to face for our usual pattern of six Members’ meetings including the March AGM. The Church Trustees were also able to meet face to face throughout the year.

We also trialled a new meeting aimed at the broader fellowship who attend church regularly but are not Church members to incorporate a broader view on certain topics.

Our activities throughout 2023 included: Sunday services:

Regular outreach activities during the week:

Page 5

Annual events aimed at young people:

Other notable events aimed at our local community:

Financial Review

The Church has only one main source of income, namely from the personal giving of the membership and congregation. This being through the cash offerings made at our Sunday Services, a weekly envelope scheme and by standing order.

Additional income is derived from the General Public through appeals and regular events, such as a fortnightly Coffee Morning, and the hiring of rooms in the church’s premises.

This income is separately directed to the Church’s General Fund, to a Building Development Fund (for the development of the church premises), and to our Fellowship Fund (for those suffering difficulties amongst the church family). The loan from the Baptist Union Corporation taken out for our building extension a number of years ago was repaid in full during 2023. Therefore a decision was taken to close the Development Fund.

Special Appeals

In addition to our regular giving to the Baptist Missionary Society (for overseas mission) and Home Mission Fund (for UK mission), we also gave to thirteen other mission organisations.

Page 6

Income and Expenditure

The attached Financial Statement (below), prepared by the Church Treasurer, for the year ended 31[st] December 2023, along with the independent examiner’s report, form part of this report.

Reserves

The Trustees are satisfied that they have sufficient reserves at the end of the financial year, together with anticipated ongoing income, to enable the Church to function effectively in the coming year.

Safeguarding

The Church and Trustees continue to take Safeguarding seriously and we ensured that all of our activities were operated according to our Safeguarding Policies.

The Future

We thank God for his love and support throughout the year providing a full and wonderful church life and allowing us to serve our fellowship and the community that we are part of. We also thank our minister, our leadership team and the many people in our Church who give much of their time in Church related service.

We are grateful for the ongoing financial resources that help support our church, the services and activities we offer and the repayment of the loan that was taken out for the redevelopment of our premises.

Signed on behalf of the Trustees of Sutcliff Baptist Church, Olney:

James Wharpshire Church Treasurer 6[th] September 2024

Page 7

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

GENERAL RECEIPTS AND PAYMENTS ACCOUNT

Receipts
Note
Regular Offerings
Donations and other income
2
Income tax recovered on gifts
Investment Income
3
Rent and contributions for use of premises
4
Raised for other causes
5
Payments
Ministry
7
Mission
8
Upkeep of church premises
9
Administration
10
Transferred to Development Fund
11
Surplus for the year
Plus Transfer from AJ Wiffen & Furnace Funds
Following Closure
Balance brought forward
Balance carried forward*
2023
65,071
5,760
12,978
880
6,115
1,972
£92,775
33,333
24,937
19,128
9,075
9,465
£95,938
(3,163)
2,161
41,281
£40,280*
2022
66,359
2,739
15,815
363
5,999
4,157
£95,432
32,723
27,549
17,562
16,229
21,999
£116,061
(20,630)
61,911
**£41,281 **

RESTRICTED FUNDS RECEIPTS AND PAYMENTS ACCOUNT

Balance Receipts Payments Balance
1 Jan 23 2023 2023 31 Dec 23
Development Fund (Note 11) 14,783 19,197 33,980 -
Fellowship Fund 8,516 1,915 650 9,781
Furnace Fund* 604 18 *622 -
Graveyard & A. J. Wiffen* 1,495 44 *1,539 -
Godly Play** 1,200 - **1,200 -
Sunday Club** 600 **1,205 263 1,543
CAMEO 320 1,800 1,300 820
£27,519 £24,180 £39,554 £12,145
Balance Receipts Payments Balance
1 Jan 22 2022 2022 31 Dec 22
Development Fund (Note 11) 16,843 55,940 58,000 14,783
Fellowship Fund 10,448 2,088 4,020 8,516
Furnace Fund 594 10 - 604
Graveyard & A. J. Wiffen 1,472 23 - 1,495
Godly Play 1,200 - - 1,200
Sunday Club 600 - - 600
CAMEO 146 1,423 1,249 320
£31,304 £59,484 £63,269 £27,519

** Fund closed and transferred to Sunday Club fund due to inactivity for many years

Page 8

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

STATEMENT OF ASSETS AND LIABILITIES AT 31[ST] DECEMBER 2023

Note
ASSETS
Bank and other cash balances
REPRESENTING BALANCES ON THE FOLLOWING
ACCOUNTS
General Fund
Restricted Funds
Non monetary assets
13
LIABILITIES
Loan from Baptist Union Corporation (LC501)
12
2023
£52,425
40,280
12,145
£52,425
£3,266,000
£0
2022
£68,800

41,281
27,519
£68,800
£3,107,618
(£29,694)

NOTES TO THE ACCOUNTS

(Notes 2 to 10 refer solely to the General Fund)

1. Basis of accounts

These accounts have been prepared on a receipts and payments basis and accord with Section 133 Charities Act 2011

2. Donations and other income

Cash Offerings
Sundry Gifts and Receipts
3. Investment Income
General Fund – Interest on Deposit Account
4. Rent & contributions for use of premises
Room bookings
2023
1,742
4,018
£5,760
2023
880
£880
2023
6,115
£6,115
2022
1,417
1,322
£2,739
2022
363
£363
2022
5,999
£5,999

Page 9

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

NOTES TO THE ACCOUNTS (continued)

5. Other Causes
Coffee Mornings
Jubilee Tent
Carol Singing
Ukraine Aid
Olney-Newton Link
Harvest Appeal
6. Church Events
Holiday Bible Club
Christmas/Easter Cracked
Outdoor Nativity
Halloween Light Party
Mothering Sunday
Super Saturday
Men’s Breakfast
Net Difference

7. Ministry
Minister’s Stipend
Pension Contributions
Employer’s National Insurance
Travel/Removal Expenses
Book Allowance
Manse Light & Heat
Visiting Speakers
Sundry Gifts
2023
Receipts
1,472
500
£1,972
2023
Receipts
1,240
-
-
-
37
£1,276
2023
Receipts
1,472
500
2023
Payments
1,472
500
£1,972
2023
Payments
1,428
140
99
-
50
514
10
£2,241
-965
2023
Payments
1,472
500
2023
Payments
1,472
500
2022
Receipts
1,379
289
384
2,105
-
-
£4,157
2022
Receipts
1,223
-
-
-
-
£1,223
2023
29,160
3,262
-
-
-
658
90
164
£33,333
2022
Receipts
1,379
289
384
2,105
-
-
2022
Payments
1,394
289
412
2,105
400
-
£4,600
2022
Payments
1,561
149
216
45
-
£1,971
-748
2022
26,508
2,989
-
1,808
219
652
300
248
£32,724
2022
Payments
1,394
289
412
2,105
400
-
£1,972 £1,972 **£4,157 ** £4,600
£2,241
-965

Page 10

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

NOTES TO THE ACCOUNTS (continued)

8. Mission
Baptist World Mission
Baptist Home Mission
Milton Keynes Bridgebuilder Trust
Scripture Union
TearFund
Mission Aviation Fellowship
Barnabas Fund
Advantage Africa
Mercy Ships
Good News for Everyone (formerly Gideons UK)
World Vision
Cry in the Dark
FEBA Radio
Langham Partnership
Sovereign World Trust
BMS Ukraine Appeal
Other Causes (see Note 5)
Church Events (see Note 6)
9. Upkeep of church premises
(a) Church
Light and Heat
Water
Repairs & Renovation
Insurance
Church Cleaner (employed) and materials
(b) Manse
Water
General Repairs & Renovation
Insurance
Council Tax
2023
6,700
6,700
2,600
600
600
600
600
300
1,500
300
300
300
300
300
300
-
1,972
965
£24,937
2023
5,878
644
1,966
2,732
4,805
£16,025
332
846
435
1,490
£3,103
£19,128
2022
6,800
6,800
2,600
600
600
600
600
300
900
300
300
300
300
300
300
600
4,600
748
£27,548
2022
2,733
240
3,811
2,744
4,338
£13,866
428
1,083
401
1,783
£3,695
£17,562

Page 11

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

NOTES TO THE ACCOUNTS (continued)

10. Administration

Telephone
Photocopier, Computer & Software
Coffee machines & Supplies
Training
Printing & Stationery
CCLI Copyright Licences
TV Licence
Subscriptions
Sundry Expenses
Website
Piano
2023
2022
731
595
1,087
11,451
754
547
120
245
299
1.019
1,079
1,191
159
159
544
580
266
183
187
259
3,849
-
£9,075
£16,229

11. Church Development Project

Regular Gifts
Gift Aid on Development Fund
Interest
Room Hire (from General Fund)
Transferred from General Fund
Events & Gift Day
Rental of Manse
Repayment of BUC Loan
Repayment of Personal Loan To
Member Provided for Building
Project
2023
Receipts
2023
Payments
3,780
5,935
17
0
9,465
0
29,980
4,000
2022
Receipts
2022
Payments
14,837
3,416
31
5,999
16,000
15,657
58,000
£19,197
£33,980
£55,940
£58,000

12. Development Loan from Baptist Union Corporation

Loan number LC501, for an initial value of £344,929 drawn down in 2015 and repayable over 10 years, for redevelopment of the church premises

Balance at 1st January
Interest
Monthly Loan Repayments
Additional Payment
Balance at 31st December
2023
29,694
286
(29,980)
£0
2022
85,543
2,151
(42,000)
(16,000)
£29,694

Page 12

SUTCLIFF BAPTIST CHURCH, OLNEY

FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] DECEMBER 2023

NOTES TO THE ACCOUNTS (continued)

13. Non-monetary assets Held for the Church’s own use

The Church is the beneficial owner (subject to the relevant trusts) of the following assets, shown at insured value, the legal title to which is held by the Church’s custodian trustee, Baptist Union Corporation Ltd.

Sutcliff Baptist Church
Market Place, Olney, Bucks, MK46 4EA
The Manse
9 Wellingborough Road, Olney, Bucks, MK46 4BJ
The Church also owns fixtures, furniture and
equipment with an insured value of:
2023
2,845,646
263,452
156,902
£3,266,000
2022
2,715,315
242,587
149,716
£3,107,618

The accounts and statement of assets and liabilities and its notes set out in pages 8 to 13 relating to the year ending 31[st] December 2023 are as approved by the trustees.

Signed on behalf of the Trustees of Sutcliff Baptist Church, Olney

James Wharpshire Church Treasurer 6[th] September 2024

Page 13

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Ind¢pendeni Examiner'5 Report R•port to the trugte•s On accounts for the y•ar •nded 31 &- Z02 3 Charlty no 111 anyl Iifi717 Set out on pag98 I reFX)rt lo the InJstee5 ¢M my examination of the accounts of the at)¥¢ hanty Ilhe TfusI'I lorthe year ended R•¥ponsibilitig• •nd basls of report As the charbtys tr￿te88. you are responsible lor the preparation of the account5 in accwd3￿ with the requirements of the Charities Act 2011 I￿ Act'i. I rèport in resFect of rny examination ol the Trnst's accounts carried out under sed￿n 145 of the 2011 Act aThJ in carrying out my examinon, I have follctt￿d all the applicabb chrec1i0￿ by ￿ Charty Crynmis8i ur￿trr secon 14515llbl ol the Ao. Independent trhts charrty's gross inc¢me exceeded £250.(JXJ and l am qualffied to examiner's slatoment undertake the examination by tiThJ a quaIrf￿ rrmbèr of linsert nam• of ICa￿e lisied t)dy]] Delde I l rfn￿ ap￿￿￿￿18. I have wnpldeo my 8xamination. I cKJnfinn thal no rnatenal matters ha¥9 ¢ome to rny attention in ¢onnedK)n %wth the examination (other than that disdosed telcw'l whKh gwes me cause Its belve Ihot in, any mat￿la1 resFect.' ihe acuJUr￿lvj fecords ncl ke0 in accordartt ith sectM￿ 1 ofthe Chant Acl". or th8 account5 dNJ nol accord with the accounb'ng records.. or the accounts nol comply wrth the applicable wuirements concemiThJ the fomi aTrJ conient of a¢rounts set ¢>Jl In the Chants (Accounts and RerMNtsI Regulkn"ons 2(Q8 other Ihan any that Ihe acxounts give a Iruè arKI faiff ¥&hith a m¥tter consm1e￿d a8 part of an irthwndent examina I have no concerns ar#J haw come aL¥OS8 no other matters ffi c￿r￿lIK with Ihe examination to thi¢h attentKJn shoukl be drawn in thi8 ￿PC￿t 01 ordlf to *fiab￿ • wopor understandirvj ofthe aCt￿nts to te rea¢thd. Slgn•d: Js Nam•'. Rèlevant profe••ional qu•lificationl81 or body IER Oct 2018 Page 14

{11 •nyl: Addrw: Ibl Section B Disclosure Only wmpl&l8 If the examiner needs to higttlighl rnalerial matter5 of concern Isee CC32. Independent examinabon of tharily accounts. thr?GI￿)nS and guidance for •xamin•r81. Glw• h•r• brf•f d•tsll• ol any Ittrm8 th•t th• •x*mln•r WISh￿ to dl•cloM. IER Oct 2018 Page 15