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← Henley Baptist Church

2025-03-31-accounts

HENLEY BAPTIST CHURCH

Accounts – 31st March 2025

HENLEY BAPTIST CHURCH

(A company limited by guarantee and not having a share capital)

Charity number: 1151864 Company number: 08265305

Accounts – 31st March 2025

INDEX

Registered in England and Wales No: 08265305

HENLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES for the year ended 31st March 2025

The Trustees are pleased to present their annual report and financial statements of the charitable company for the year ended 31st March 2025 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (issued October 2019).

Reference and Administration Details

The charity’s name is Henley Baptist Church.

Charity Registration Number: 1151864 Company Number: 08265305

Registered Office and Principal Address: 55-57 Market Place, Henley-on-Thames, Oxfordshire RG9 2AA.

Trustees

The Trustees of the charitable company are its Directors for the purposes of company law. The Trustees and officers who served during the year and since the year end were as follows:

M Sayers D Ullah J F Bray M Parker (appointed 19[th] September 2024) J M Gunnell Secretary: J Malton

Objectives and Activities

The charity’s objects are the advancement of the Christian faith according to the principles of the Baptist denomination and the charity may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world. The main activity is the provision of a Baptist Church and associated activities. In planning the activities of the charitable company, the trustees have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The charitable company’s activities of advancement of the Baptist Christian faith and associated activities are available to the people of Henley-on-Thames and the wider area to make a positive contribution to the local and wider community

Achievements and Performance

During the year the charitable company has pursued its main objectives as being the provision of church and associated activities to the people of Henley-on-Thames and surrounding community and has received General income amounting to £229,304. Designated income of £25,859 and Restricted income of £37,242. Expenditure on the General fund amounted to £253,965. Designated expenditure was £59,901 and Restricted expenditure was £28,465.

The d:two Centre which is owned by the Henley Baptist Church has a large entrance area which also serves as a Community Café and meeting area, a small bookshop, and a large hall. It has many ancillary meeting rooms, a large kitchen, a purpose-built Children’s Centre with soft play equipment and a suite of offices used by the church and other projects. The d:two Centre also provides a base for the NOMAD Youth and Community Project (Charity number 1110274) offices, meeting rooms and Food Bank with assistance from the Church.

The main source of income is from donations.

HENLEY BAPTIST CHURCH

REPORT OF THE TRUSTEES for the year ended 31st March 2025 ( Continued)

Safeguarding

The church has a safeguarding policy with regular training for safeguarding officers and safeguarding trustee. All staff and volunteers working with children and adults at risk receive regular training and are DBS checked.

Financial Review

The total income for the year was £292,405 total expenditure on charitable activities amounted to £342,331. The amount held in reserves at the year-end was £2,007,535 in unrestricted reserves, £57,024 in designated reserves and £32,741 in restricted reserves.

Reserves Policy

The trustees have examined the charity’s requirements for reserves taking into account the main risks to the organisation. Given that the majority of the charitable company’s income is donations from church members, a regular source of income adequate to cover budgeted expenditure, it has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets and held in reserve by the charity should be sufficient to cover three month’s expenditure. This has been reached and is now £30,000 in the accounts.

They are continuing to save an amount of £250 each month to build up the reserve, which will also be supplemented by any other surplus income that becomes available.

Structure, Governance and Management

Governing Document

Henley Baptist Church is a company limited by guarantee governed by its Memorandum and Articles of Association dated 8th October 2012, amended 27th February 2013. It is registered as a charity with the Charity Commission. Members of the charitable company guarantee to contribute amounts not exceeding £1 to the assets of the charitable company in the event of winding up.

Appointment of Trustees

The trustees keep the composition of the board under review and will seek to appoint additional members with appropriate skills and expertise should the need arise. Interested parties are given details of the background of the charitable company in order to make them aware of current activities. Trustees shall be appointed from amongst the Elders and the church members at the discretion of the Elders by resolution of the church members passed at a church members meeting.

This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.

Approved by the trustees on ……………………………….. 2025 and signed on its behalf by:

………………………………….. J F Bray - Trustee

Henley-on-Thames

HENLEY BAPTIST CHURCH

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES

I report to the trustees on my examination of the accounts of Henley Baptist Church for the year ended 31st March 2025.

Responsibilities and Basis of Report

As the charity’s trustees (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner’s Statement

Since the Companies gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Accountants which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

A P Williams BSc FCCA A J Carter & Co Limited Chartered Certified Accountants

22b High Street Witney Oxon OX28 6RB

……………………….. 2025

HENLEY BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES

(including an income and expenditure account)

for the year ended 31st March 2025

Note
Income from:
Donations
3
Charitable activities
4
Other trading activities
5
Investments
6
Total incoming resources
Expenditure on:
Charitable activities
7
Total expenditure
Net income/(expenditure) and net
movement in funds for the year
Transfer between funds
Other recognised gains
Gains on revaluation of fixed assets
21
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted Unrestricted
Total
General
Designated
Restricted
Funds
Funds
Funds
Funds
2025
£
£
£
£
127,396
25,859
21,642
174,897
52,140
-
-
52,140
47,990
-
15,600
63,590
1,778
-
-
1,778
229,304
25,859
37,242
292,405
253,965
59,901
28,465
342,331
253,965
59,901
28,465
342,331
(24,661)
(34,042)
8,777
(49,926)
(19,805)
19,805
-
-
-
-
-
-
(44,466)
(14,237)
8,777
(49,926)
2,052,001
71,261
23,964
2,147,226
£2,007,535
£57,024
£32,741
£2,097,300		 Total
Funds
2024
£
287,763
46,822
59,282
754
394,621
295,121
295,121
99,500
-
-
99,500
2,047,726
£2,147,226

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

The notes on pages 7 to 15 form part of these financial statements

Registered in England and Wales: 08265305

HENLEY BAPTIST CHURCH

BALANCE SHEET as at 31st March 2025

Note
Fixed assets
Tangible assets
12
Total fixed assets
Current assets
Stock
13
Debtors
14
Investments
15
Cash at bank and in hand
Total current assets
Liabilities
Creditors falling due within one year
16
Net current assets
Total assets less current liabilities
Creditors:falling due after more than 1 year
17
Total net assets
18
The funds of the Charity
Restricted income funds
19
Unrestricted income funds-General
19
Unrestricted income funds-Designated
19
Total unrestricted funds
Total charity funds		 2025
£
2,046,942
2,046,942
1,959
11,302
100,768
37,266
151,295
13,801
137,494
2,184,436
87,136
£2,097,300
32,741
2,007,535
57,024
2,064,559
£2,097,300		 2024
£
2,094,326
2,094,326
2,166
12,115
111,560
40,806
166,647
21,839
144,808
2,239,134
91,908
£2,147,226
23,964
2,052,001
71,261
2,123,262
£2,147,226

For the year ended 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors Responsibilities

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the act with respect to the accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006.

Registered in England and Wales: 08265305

HENLEY BAPTIST CHURCH 6. BALANCE SHEET (continued) as at 31st March 2025

These accounts were approved by the board of directors and authorised for issue on: ………………… 2025 and are signed on their behalf by:

...................................................... J F Bray - Director

The notes on pages 7 to 15 form part of these financial statements

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS for the year ended 31st March 2025

1. Accounting Policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of Preparation

The Financial Statements have been prepared in accordance with the Charities: Statement of Recommended Practice (applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Public Benefit Entity

Henley Baptist Church meets the definition of a public benefit entity as defined by FRS 102.

Going Concern

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

b) Income Recognition Policies

Items of income are recognised and included in the accounts when all of the following criteria are met:

For legacies entitlement is taken as the earlier of:

Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Charity has been notified of the Executors intention to make a distribution. Where legacies have been notified to the Charity, or the Charity is aware of the granting of the probate and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of a specific performance or provision of other specified service is deferred until the criteria for income recognition are met.

c) Donated Services

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

d) Interest Receivable

Unrestricted funds are available to spend on activities that further any of the purposes of the Charity. Designated funds are unrestricted funds of the Charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for the particular areas of the Charity’s work or for specific projects being undertaken by the Charity.

f) Expenditure and Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

g) Tangible Fixed Assets

Individual fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives on the straight line basis as follows:

Asset Annual
Category Rate
Land Nil
Buildings 2% per annum
Equipment 25% per annum

h) Stock

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised in income when the items are sold.

i) Debtors

Trade and other debtors are recognised at the settlement amounts due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due.

k) Creditors and Provisions

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

l) Pensions

The Charity operates a defined contribution scheme, the assets of which are held outside the Charity. The contributions by the Charity in the year are detailed in note 9.

m) Operating Leases

The charity classifies the lease of the photocopier as an operating lease, the title to the equipment remains the lessor. Rental charges are charged on a straight line basis over the term of the lease.

2. Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

3. Income from donations

Gifts, donations and grants 2025
£
174,897
£174,897		 2024
£
287,763
£287,763

Of the £174,897 received in 2025 (2024: £287,763) £21,642 was restricted funds (2024: £31,213) and £153,255 (2024: £256,550) unrestricted funds.

The charity benefits greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102) the economic contribution of the general volunteers is not recognised in the accounts.

4. Income from charitable activities

Café and shop income
Other income
Other earned income from sessions		 2025
£
28,524
552
23,064
£52,140		 2024
£
24,226
176
22,420
£46,822

Of the £52,140 received in 2025 (2024: £46,822) £nil was restricted funds (2024: £nil) and £52,140 (2024: £46,822) unrestricted funds.

5. Income earned from other trading activity

Rent received 2025
£
63,590
£63,590		 2024
£
59,282
£59,282

Of the £63,590 received in 2025 (2024: 59,282) £15,600 was restricted funds (2024: £15,180) and £47,990 (2024: £44,102) unrestricted funds.

HENLEY BAPTIST CHURCH NOTES TO THE ACCOUNTS for the year ended 31st March 2025 (continued)

6. Investment income

All of the Charity investment income arises from money held on deposit at the Co Operative bank.

7. Analysis of expenditure on charitable activities

Café and shop
Ministry
Property costs
Project equipment and upgrades
Management and administration
Total		 Church
activities
2025
£
£
17,316
17,316
160,115
160,115
129,875
129,875
13,024
13,024
22,001
22,001
£342,331
£342,331		 2024
£
16,315
155,150
89,385
8,380
25,891
£295,121

Of the £342,331 expenditure in 2025 (2024: £295,121) £313,866 was charged to unrestricted funds (2024: £253,211) and £28,465 to restricted funds (2024: £41,910).

8. Net income/(expenditure) for the year

This is stated after charging:
Operating equipment leases
Depreciation
Accountancy and independent examiners fee		 2025
£
744
47,384
2,880		 2024
£
1,147
47,384
2,820

9. Analysis of staff costs, trustee remuneration and expenses and related party transactions

Salaries and wages
Social security costs
Employer contribution to defined contribution pension scheme		 2025
£
117,731
3,280
2,998
£124,009		 2024
£
108,037
2,110
2,681
£112,828

No employees had emoluments in excess of £60,000 (2024: £60,000). Pension costs are allocated to activities in proportion to the related staffing costs incurred.

During the year the following amounts were paid to a director and his wife who are the key management personnel for pastoral work in the church as allowed by its constitution.

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

  1. Analysis of staff costs, trustee remuneration and expenses and related party transactions - (Continued)
J & J Bray
Salaries and wages
Social security costs
Employer contribution to defined contribution pension scheme		 2025
£
50,953
1,968
1,924
£54,845		 2024
£
49,236
1,266
1,838
£52,340

The Trustees considers its key management personnel comprise the trustees.

During the year the trustees and their partners donated £15,623 (2024: £17,984) to the charity in total.

During the year one trustee's close relative was paid £200 in respect of employment.

One trustee was also paid £1,084 in respect of travel, and ministerial expenses (2024: one trustee £936).

10. Staff numbers

The average monthly number of employees during the year was as follows:

Church Ministry
Family Centre
Café and cleaning		 2025
Number
2
4
3
9		 2024
Number
2
3
3
8

11. Corporation tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

12. Tangible fixed assets

Cost:
As at 1.4.2024
Additions
Disposals
As at 31.3.2025
Depreciation:
As at 1.4.2024
Eliminated on disposal
Charge for year
As at 31.3.2025
Net book value:
As at 31.3.2025
As at 31.3.2024		 Land &
Equipment
Buildings
£
£
2,569,202
21,398
-
-
-
-
2,569,202
21,398
474,883
21,391
-
-
47,384
-
522,267
21,391
£2,046,935
£7
£2,094,319
£7		 Total
£
2,590,600
-
-
2,590,600
496,274
47,384
543,658
£2,046,942
£2,094,326

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

13. Stock

Café and Book stock
14.Debtors
Trade debtors
Prepayments
Other debtors
15.Current asset investments
Cash on deposit
16.Creditors: amounts falling due within one year
Bank loan
Trade creditors
Accruals
Income in advance - hall hire
Other creditors
Taxation and social security costs
17.Creditors: amounts falling due after more than one year
Secured bank loan (falling due in less than 5 years)
Secured bank loan (falling due in more than 5 years)		 2025
£
1,959
£1,959
2025
£
10,320
-
982
£11,302
2025
£
100,768
£100,768
2025
£
4,200
1,898
4,240
-
1,613
1,850
£13,801
2025
£
16,800
70,336
£87,136		 2024
£
2,166
£2,166
2024
£
11,522
-
593
£12,115
2024
£
111,560
£111,560
2024
£
3,000
1,377
3,770
10,439
1,564
1,689
£21,839
2024
£
12,000
79,908
£91,908

The loan from The Baptist Union is repayable by monthly instalments and is secured on the Cooper Road property.

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

18. Analysis of net assets between funds

Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Creditors of more than one year
Total		 General
Designated
Restricted
Fund
Funds
Funds
Total
£
£
£
£
2,046,942
- -
2,046,942
5,005
-
32,261
37,266
42,724
57,024
480
100,228
(87,136)
- -
(87,136)
£2,007,535
£57,024
£32,741£2,097,300
  1. Analysis of charitable funds

Analysis of movements in restricted funds

CRI Educational
Family Centre
Lift repair
Café improvements
John Hodges Trust
Councillors grant scheme
Painting
Family centre 2023
Family centre 2024
Bray for Spinner
Solar panels
Ukraine events
Kitchen equipment
Free spaces
Shaded area
Manse Fund
Total		 Balance
Incoming
Resources
Balance
1.4.2024
resources
expended
Transfers
31.3.2025
£
£
£
£
£
4,200
10,419
(10,709)
-
3,910
1,648
-
(1,648)
-
-
842
-
-
-
842
2,225
-
-
-
2,225
-
2,000
(1,469)
-
531
-
892
-
-
892
590
188
(778)
-
-
3,589
19
(2,305)
-
1,303
-
5,000
-
-
5,000
334
-
(334)
-
-
1,850
-
-
-
1,850
687
-
(387)
-
300
-
500
(45)
-
455
853
-
-
-
853
583
-
(583)
-
-
6,563
18,224
(10,207)
-
14,580
£23,964
£37,242
£(28,465)
£-
£32,741

Name of restricted fund

Description, nature and purposes of the fund

CRI Educational Support for CRI Educational work in Rwanda Family Centre Running of the Family Centre Lift repair Support for repairs to the lift Café improvements Support for café improvement works J & J Bray set up costs Support for J & J Bray set up costs Family centre improvements Support for decorating and equipping family centre Welcome desk Gift for Welcome desk Family Centre 2022 Support for specific works Maryanne and Emmanuel gifts Restricted giving Restricted giving Restricted giving

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

19. Analysis of charitable funds (continued)

Analysis of movements in restricted funds (continued)

Name of restricted fund

Description, nature and purposes of the fund

Family Centre outside area Support for specific works Painting Support for specific works Window replacement Support for window replacement Solar Panels Support for installation of solar panels Ukraine events Support for Ukrainian events LED lighting Support for installation of LED lighting Bray for Spinner Support for specific works Chair replacement Support for chair replacement Manse Fund Support for the purchase of new Manse building

Analysis of movements in unrestricted funds

General fund
CAP job club
CCLI licence
Building works
Salary expenditure
Accountancy fees
Greville legacy
Door control systems
Street child
Charities trust
John Lewis
Insurance costs
Total		 Balance
Incoming
Resources
Other
Recognised
Funds
1.4.2024
resources
expended
gains
Transfers
31.3.2025
£
£
£
£
£
£
2,052,001
229,304
(253,965)
-
(19,805)
2,007,535
368
-
-
-
-
368
863
-
(691)
-
900
1,072
851
-
-
-
-
851
18,824
-
-
-
11,176
30,000
740
-
-
-
2,400
3,140
41,533
17,939
(42,724)
-
-
16,748
7,842
3,575
(13,108)
-
1,691
-
20
-
(20)
-
-
-
-
2,970
-
-
-
2,970
-
1,375
-
-
-
1,375
220
-
(3,358)
-
3,638
500
£2,123,262£255,163 £(313,866)
£-
£-£2,064,559

Name of unrestricted fund Description, nature and purposes of the fund

General fund The 'free reserves' after allowing for all designated funds. Various internal and external projects undertaken by the church as Other funds described above.

Transfers have been made from the general fund to the designated funds at the discretion of the trustees to provide funding for specific projects. Likewise when funds are no longer required the funds are transferred from them.

HENLEY BAPTIST CHURCH

NOTES TO THE ACCOUNTS

for the year ended 31st March 2025 (continued)

20. Pension and Other Commitments

The Charity operates a defined contribution scheme, the assets of which are held separately from those of the Charity in an independently administered fund. At the balance sheet date unpaid contributions of £563 (2024: £514) were due to the fund. They are included in other creditors.

At 31st March 2025 the charity had commitments under non-cancellable operating leases over the remaining years of the lease totalling £1,674 (2024: £nil)

21. Profit on sale of Property

In 2022 the Charity sold the original Manse building on Valley Road with a realised gain of £ 156,823. Subsequently a new Manse building was purchased on Cooper Road. The new Manse building was purchased from the original sale proceeds and a loan from the Baptist Union. The Property is held in Trust by the Baptist union and the loan secured on it.