Charity Registration No. 1152197 EBENEZER BAPTI￿ CHAPEL FINANaAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Contents: Pagel-2 Trustees Report Page 3 Independent Examiners Report Page 4 Siatetnent of Financial Activities Page 5 Balance Sheet Page6-9 Notes to the AcLounts Pagc I EBENEZER BAPTIST CHAPEL TRUSTEES REPORT FOR THE YE4R ENDED 30 SEPTEMBER 2024 The trustees have pleasure in presenting their report and the Finanaal Stalements of the Chapel for the year endcd 30 September 2024. Reference and Administrative Details 'rhe Chapel is a Registered Charity no. 1152197. The addr￿S is: Ststion Road. Old Hill. C"radley lI￿th, WL%i Midlan(Ls B64 6PA. The charity trustees for the purpose of these accounts comprise the Pastor & Deacons of the church. The trustees durinE the year were a5 follows: r. Thomas Hayward lohn Smith Marcus Martin Andrew Mdrtin Ben Sheldon Paul Stonelake, Secretary Paul Hickman Structure. Governance and Management The Church is constituted as an iiidL'pendent church. and the governing document is a Trust Deed. The Pastor and Deacons are elected by the Church Meetin& and are responsible for leadership of the church. Proper accounts have been kept which disclose ai any time the financial position of the ChurclL Rcasonable steps have been taken to ensure the prevention and detection of fraud and other irregularities and to provide reasonable assurance that: l. The Church is opcratinci efficiently and effectively; 2. Assets are saf£'guardL,d against unauthorised use or disposition: 3. Proper records are maintained and financial intormation used with the Church or for publication is reliable: 4. The Church complies with relevant laws and rcgulations: 5. The systems of control are designed to provide reasonable, but not ab501ute. assurance against material misstalcment or loss. These include: (a} PeriodiL considL'ration by the Truttees of the financial results: (b) DeleLFation of authority and segregation of duties. (CJ Identification and management of risks. Objectives and Activities The Church'.$ aims are to Spread the gospel of the Lord Jesus Christ and to edify the congregation through the preaching and teaching of the Word of God, the Circulation of good Christian literalure. and the support of mi&%ionary endeavnurai home and abroad. Page 2 EBENEZER BAFri￿ CHAPEL TRUSTEES REPORT FOR THE YEAR ENDED 30 SEFryEMBER 2024 (ConL) Achievements and Performance l)uring the year under review the Chapel's main work continued to be carried out through its Sunday services, the Sunday School and Bible Class, the Monday evening prayer meeting and Wednesday evening Bible Study. Other regular meetings included the Motherts & Toddlers roup and young people's meetings. The church continued to engaEe in open-air evangelism and in door-to-door visitin& and also to 5UPPOrt the advance of the gospel in other places. In Car￿n¥ out its 3Cttvities in the year under review. the trustees have had regard to the public benefit guidance issued by the Charity Commission. and are satisfied thdt the activities mentioned above have all been for the public benefiL Financial Review Funds were used to pay the Partor's salary and expenses, to pay for the maintenance and running of the Chapel. to support Missionary organisations. to provide literature and to fund various outreach activities. As shown in the Ststement of Financial Activities on page 4, there was an overall sury)lus of nearly £9,900 (2023: deficit £22.800}. The state of affairs of the Chapel is considered to bc satisfactory. The Trustees regularly review the reserves of the Chapel. to ensure that sufficiL'nt liquid fvnds are available to meet ongoing obligations. On behalf of the Trustee5 P E Hickman Date: Page 3 ## **INDEPENDENT EXAMINERS REPORT** ## **TO THE TRUSTEES OF EBENEZER BAPTIST CHAPEL** I report on the accounts of the Church for the year ended 30 September 2024, which are set out on pages 4 to 9. ## **Respective responsibilities of trustees and independent examiner** The church's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 44(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the 2011 Act; - To follow the procedures laid down in the General Directions given by the Charity - Commissioners under section 145 (5) (b) of the 2011 Act; and - To state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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. D C S Cooke MA (Oxon) FCA FCIE David Cooke & Co 5 Briar Close Banbury OX16 9DS Date: 28 January 2025 EBENEZER BAvrI￿ CHAPEL Page 4 STATEMENT OF FINANCIAL AcrEvrriES FOR TIIE YEAR ENDED 30 SEPTEMBER 2024 UnrwArirted Restricted Z024 Unre5rrltted ReftrÈcled 2023 Fun Incoming Resources Voluntary income - Donauons VolunLiry Éncome-14acies Investmc'nt income othe.r income Totsl incoming resources 84.493 111.071 1.292 581 104.437 4.194 88.687 18.071 1292 581 4.194 108.631 72.804 6,840 79.644 753 1.091 74.648 753 1.091 81.488 6,840 Resourres expended Charitsble Activities 94.753 3.994 98.747 96.091 8.174 104.265 Net Moveynent of Resource5 in the Year 9.684 200 {21.443} (1,334) (22,777) Transfer betwecn Funds 4.279 (4.279) (807) 13.963 (4.079) 9.884 {20.636) (2,141) (22.777) Funds brought forward 47.601 4.279 51,880 68.237 6,420 74,657 Funds carried fon•Janl 61.564 200 61,764 47,601 4.279 51.11110 The note5 on pages 6 to 9 furni part of thesc financial statement& EBENFZER BA￿lsT CHAPEL Pagc 5 BAIANCE SHEEf AS AT 30 SEFfEMBER 2024 UnFr5trirt￿ Restrirted 2024 Fun u￿r￿trIct￿o Restricted 2023 FIXED ASSETS 10.367 10367 13.823 13.823 CURR&.NT ASSErs Cash dt Bank & in hand: Current Account Investhient Account Mission Accounr Nationwlde Building Society Gift Fund - School Account 4.109 21.761 4,109 21.961 1.758 7,232 1,7.48 10,693 81£ 200 3,461 818 27.658 Z7,658 26.672 26.672 53,529 200 S3.729 35,663 4.279 39.9.12 LESS: CREDITORS= l)ue within onc year 2.332 2J32 1.885 1.885 Net Current Assets 51.197 200 51.397 33.778 4.279 38.057 NEf ASSErs 61.564 200 61.764 47.601 4.279 51,880 Financed by: NCL Funds 200 61.764 47.601 4.279 51.880 Approved by the trusltrs on P E HiLkman.'freasurer The nolvts on pages 6 to 9 forn) part of these fjnancial $￿teMent& EB£N￿ER BAPTI￿ CHAPEL Page 6 NOTES TO THE Accou￿rS FOR THE YEAR ENDED 30 SEPTEMBER 2024 l. Attounting Policies Th¢ followin. accounting polictes have been uscd consistentty in dealing with ifems which are CO￿￿dered material in relation to the Charit￿$ fmancial statement& The financial statements have been prepared under the historical cosl convention and dccordance with -AcLvuntin% and Reporting by Chariries: Statcmeni olRecommended Pr3Ciice appli(ablc to LhJrities preparing their accounts in accordance the Financial ReportinK Standard applicable in rhc UK and Rcpublic of Ireland (FRSI 02}- (as amended lor accounting periods commencing from I january 2016). Thc Church is a Public Benefit Entiry as defined by FRSIOI Goin At the time of approvi￿ the accounts. the Tru5tces have a reasonable expectation that the charity has adequate resuurccs to continue in operarional emstcnce (or the foreseeable fulure. Thus the TruslÉ'es conts'nue to adopt the going concern basi.% of accounting in preparing the account& omin Donations rcpresent cash received during the year. including tax repayments received. Lharitdble Artivities Income comprises incurne from various aciiviiies such as the church holiday. Investment income comprises intercst received from money in deposit accoun The cost of generdfing funds are costs incurred in promoting the Church and its work. Charirable Activitt"cs Expenditure Comprises all expendinire directly relaied to the Cburch's objccts. It includes both costs that can be allocated dirertly tn such activities and those costs of an indirert nature neces541ry 10 supporr thery including support and governance cost& iati The Chapel building is a historic asset No valuation starement is included in the accounts as significant costs are Involv￿ in obtaininE such a valuattorn which are r)nerous compared with the additional benefit derivpd by the user5 of rhe accounts in assessing the trustee.%' %tcwar¢tship of the asset Flxed assets below an original cost of£i.000 are noi cap￿[l$e{L Depreciation is prnvided on 311 orhcr r￿ed assets in order to write off ihe LDst le.*s (s￿"mated residual value. nn a reducinR balance basis. over their expected useful lives. at the following annual rates: Fixtures & Fittings Mvtor vehidt 2.5% EBENEZER BAprisr CHAPEL PaEe 7 NOTES TO THE ACCOUNTS FOR THE YL4R ENDED 30 SEIryEMBER 2024 {ConL} Uftrtstrirttd Restricted Z024 Unresthcted Re5trirted 2023 un 2. Charitable Artivities Minisierial expense5 {see note 3) Sunday School expenses Minibus expcnscs Chapel cquipment & makntenance l.ighr. Heat & Water Tclephone Insurance Missions & Gifts (see note 4) PostsEe & 5taEionery Bank charges Depreciab"on Subscriptinns & Miscellaneous expenscs IiidL'pendent ExanJiuJts'on 41.639 6.148 41.639 6.148 2.556 15,933 40.02.5 4,874 4.901 .5.695 2,948 660 1.766 41,791 4.874 4.901 15.933 5.640 657 3.613 11.296 2.325 295 3,456 545 650 2.948 660 657 3.613 15.290 2325 295 3.456 S45 650 1.171 2a,-£68 1,043 341 1,171 34,976 1,043 341 4.(Tr08 7U7 550 3.994 6,408 4.608 707 550 94.753 3.994 98.747 96.091 8.174 104.265 3. Mlnlsterial expel Pastor's salary PLsnsion costs l?asior's expenses visin.ng predchers 36,867 1,186 1.871 1.715 36.867 1,186 1,871 1.715 35.-?04 1334 4.208 1.445 834 2.442 1,445 1.766 41.639 41,639 40.025 1.766 41,791 4. Payments lolfor Missions A.%hford Rcfornied Baptssr Church BarnJb3s Fund Reeches Road Baptist Church Bihle l*a£ue Trlible Spreading Union r.hri%ti.1n Hl'ritdge. Trust .hrisiian Publications Evangelical Times Graci. Baptist'frust KinB Alfred School Kwoko Hospital Pastor D Morlan M()mbasa Mission Open-Air Mission Parsa Trust Pcrsonal gifts l & N Robin50n Roiindwood Trust Salisbury ReforinL'd Seminary 1.500 1,500 30 3,000 300 1.500 720 60 1,204 87 1.500 720 1.796 720 1.000 710 1.000 135 20 1.000 72 72 135 20 1,000 917 783 1.308 500 2.45 333 297 392 1.250 1,080 1.700 500 750 771 1.749 384 1.283 1.155 3,032 495 1.977 1.500 1.141 400 2,627 1.500 1.141 400 1.6Z5 1.625 Carried fo ne￿ page 10.501 3.526 14.027 10.338 2.452 12,790 Page 8 EBENEZER BAPTI￿ CHAPEL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 SEtryEMBER 2024 (ConL} 4. Payments to/for Missions (tonL) Brought lorward from previous page 10.501 3.526 14,027 10.338 2,452 12.790 Sovereign Grace Union Sri tanka Trinitarian Bible Society UFM Ukraine Appeal Water Aid 383 1.310 5(JO IS.977 383 1.510 500 18.592 1.141 60 34,976 200 265 470 338 130 603 600 2,615 1.141 60 11.296 60 1S.Z90 60 28.568 3.994 6,408 5. Fixed Assets Fixture5 & Fittin Motor s Vehicle5 2024 Fixtures Motsjr & Filtin s Vehiclcs 2023 Cost Brought forward Additions Disposals Carricd for4¥ard 8.722 35507 H.229 8.722 3S.507 44,229 8,722 44.229 8.722 35.507 44.229 reciation Ilrought foward Lharge for the year Written out on disposals rarried forward 7.339 23.067 346 3.110 30.406 3.456 6.878 461 18,920 4.147 2S.798 4.608 7,685 26.177 33,862 7.339 23.067 30.4U6 Net Book Value Carried forward 1.037 9.330 1.383 12.440 13.823 Ilrought forward 1.383 12.440 l J,1123 1.844 16.587 18,431 Funds The Unrestricted Fund is the General Fund, used for the Reneral purposes of the Churcl The Resrricred bund5 for the year were as follnws-. Balb f Received Paid Transfer Balc ljccches Road Baptist Church Bible LeaRue Pastor's removal Fund {see below) 4,279 Kwoku Ilospital Mombasa Mission Morlan, D PJrsa TTU5t UFM Worldwide i'us 1.996 213 (L.796) (213} zoo {4,279) 392 297 495 130 (392) (297) (49S) (J30) 338 4,194 4,279 {3.994 4.279 200 Nule: The donor to the Pa.%ror's removal Fund has agreed for the residual balance to be rransferred to the Genernl Fun(L Page 9 EBENEZER BAPTIST CIL4PEL NOTFS TO THE AccouKfs FOR THE YEAR ENDED 30 SEPTEMBER ZOZ4 (ConL) 7. Creditors Ilnrr5frirtcd Restrirted 2023 Taxes and Social security Pension contributions Other creditors and accruals 563 563 579 579 189 1.769 2332 1.769 2.33Z 1.117 1.885 1.117 1.885 8. Trustees Nofte of the trustees received any remuneration for their work as t￿￿ The pastor. Mr T l Haywood, received a salary and expenses for his work as pasior. as shown in note 4 above. 9. Related parties A majority of the trustee5 of the chapcl Ft)rni a majority of the tru5tces of The Cherith Trust (Registered Charity no. 1147262). There were no rela￿d party tran￿3(lI0nS in the year under review.