Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Trustees’ Annual Report and Accounts 2025
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Table of Contents
Statutory Information ........................................................................................................... 3 Property Trustee ................................................................................................................ 3 Bank ...................................................................................................................................... 4 The Trustees Annual Report and Financial Statements for The Year To 31st December, 2025 ..................................................................................................................... 5 Charitable Objects ........................................................................................................ 5 Organisational Structure ............................................................................................. 5 Recruitment and Appointment of New Trustees .................................................. 5 Trustees Responsibilities ........................................................................................... 5 Training of Trustees ..................................................................................................... 6 Objectives and Activities ............................................................................................ 6 Objectives 2025 ............................................................................................................. 6 How did we do? ............................................................................................................. 7 Public benefit ..................................................................................................................... 8 Summary Review of the Year ......................................................................................... 8 FINANCE OVERVIEW 2025 ................................................................................................. 9 Income .............................................................................................................................. 9 Expenditure .................................................................................................................... 9 Commitment and Funding .......................................................................................... 9 Funds ................................................................................................................................ 9 Capital Expenditure .................................................................................................... 10 Risks ............................................................................................................................... 10 Reserves ........................................................................................................................ 10 Vision & Future Plans ........................................................................................................ 11 Verse for the year 2026 .................................................................................................. 11 2026 Objectives ............................................................................................................... 11 Independent Examiner’s Report to the Trustees of Christchurch Baptist Welwyn Garden City CIO ................................................................................................... 13 Financial Statements and Notes to the Accounts ...................................................... 14
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Statutory Information
Registered Address
20 Tewin Road Welwyn Garden City Hertfordshire AL7 1BW
Website: www.christchurchwgc.org.uk
Charity Trustees
Andrew Hemmens – Senior Pastor Simon Cragg – Pastor (resigned February 2025) Ibi Olutoye – Treasurer Paul Tosswill – Administration (resigned April 2025) Tim Ottewell (resigned April 2025) David Horton (resigned April 2025) Matthew Rowe Nicola Redmond Amy Hollis Steve Hughes Tanya Willington (appointed April 2025) Andrew King (appointed April 2025)
Property Trustee
Christchurch Baptist Welwyn Garden City CIO (charity number 1154616) is the sole holding Trustee of the following two properties, following a Deed of Variation signed in August 2017:
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Christchurch Baptist Church, 110 Parkway, Welwyn Garden City, AL8 6HN registered at the Land Registry under Title Number HD495407 (held on trust for the benefit of the Church on trusts set out in a deed of Declaration of Trust dated 10 November 1937).
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15 Gresley Close, Welwyn Garden City, AL8 7QA registered at the Land Registry under Title Number HD290414 (held on trust on the Holborn Trusts which are the Baptist Model Trusts referred to in the Baptist and Congregational Trusts Act 1951 (“the Manse Trusts”)
Previously, The Baptist Union Corporation Limited had been the sole Trustee of both properties.
Christchurch Baptist Welwyn Garden City CIO is, similarly, the sole holding Trustee of the church building at 20 Tewin Road, Welwyn Garden City, AL8 1BW registered at the Land Registry under Title Number HD200837.
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Bank
CAF Bank 25 Kings Hill Avenue Kings Hill, West Malling Kent ME19 4JQ
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
The Trustees Annual Report and Financial Statements for The Year To 31st December, 2025
Charitable Objects
Christchurch Baptist Welwyn Garden City CIO (“Christchurch”) is governed by a constitution which states:
“The principal purpose of the Church is the advancement of the Christian faith through evangelism and discipleship. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.”
The church has two public buildings in Welwyn Garden City, one at 110 Parkway and one at 20 Tewin Road.
Organisational Structure
Members of the church are accepted into membership in accordance with the Constitution. Christchurch is a Charitable Incorporated Organisation (CIO) with Managing Trustees (“Trustees” or “Leadership Team”) appointed by church members in accordance with the Constitution originally approved in 2013 and subsequently amended in October, 2022 and November, 2023.
Decision making is also in accordance with the Constitution. The Leadership Team are empowered to make decisions on how the church is run; however, certain decisions can only be made by the membership of the church at a church meeting (as detailed in the Constitution). These may be matters brought to the church by the Leadership Team for discussion and, as appropriate, acceptance, or matters raised in a church meeting by members for further consideration by the Leadership Team.
Recruitment and Appointment of New Trustees
Appointment of Trustees, the Treasurer and the Administration Trustee are set out in the Constitution of Christchurch. The Pastors are automatically Trustees for the duration of their tenure. Other Trustees are appointed from the membership of the church for a period of up to three years, after which they may stand down or be re-elected. Recommendations for new/re-elected Trustees are brought to the church members' meeting by the existing Trustees. They are normally appointed at the AGM via secret ballot and must receive an 80% majority of the quorum then present.
Trustees Responsibilities
Charity law requires the Trustees to prepare accounts which give a true and fair view of the state of affairs of Christchurch and of its income and expenditure for the financial year. In doing so, the Trustees are required to:
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
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a) select suitable accounting policies and apply them consistently;
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b) make judgements and estimates which are reasonable and prudent;
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c) prepare the accounts on a going concern basis, unless it is inappropriate to presume that Christchurch will continue in operation;
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d) follow applicable accounting standards and the Charities SORP, disclosing and explaining any departures in the financial statements.
The Trustees are responsible for maintaining proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the Charity and to enable them to ensure that the accounts 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 are also required to be aware of the Charity Commission’s guidance on public benefit and to take it into account in their decision-making on behalf of the church.
The Trustees confirm that the financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and that they comply with the above requirements and the charity's governing document (the Constitution). They have considered carefully whether it remains reasonable to presume that Christchurch will continue in operation and their conclusion is that it will and that it is appropriate to prepare the accounts on a going concern basis.
Training of Trustees
All new Trustees are encouraged to read the Baptist Union documents on becoming a Trustee. Safeguarding training is also provided for Trustees.
Objectives and Activities
The church’s activities seek to meet our principal purpose by sharing the love of Jesus in practical ways as well as providing ways of explaining our faith to others – all activities seek to show the love of Jesus and bring people into a closer relationship with Him. The church provides a variety of activities both to its membership and to the wider community.
The church structures its activities under five key headings – worship, outreach, relationships, discipleship and serving. This is reflected in the organisation of the Leadership Team with four Trustees taking responsibility for these five areas, in addition to others dealing with administration, property and finance.
Objectives 2025
Last year we identified three strategic priorities with the following objectives:
- Building the Body
oTo say farewell and thoroughly bless Simon, Sam and the Cragg family as they move to Cambridge.
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
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To run ‘Spring Connect’, building on last year’s successful ‘June Connect’ which gave opportunities for people to build relationships within the fellowship.
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To replenish volunteers in core ministries where there have been recent changes.
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To hold Deaf Awareness sessions and provide the opportunity for people to learn BSL Level 1.
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Looking forward
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To appoint a new pastor for Christchurch to join the team.
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To formalise and launch Vision 100 , specifying what we believe God is calling us to be and do as we prepare to celebrate the 100[th] anniversary of Christchurch in 2028.
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To gain planning permission to install solar panels at our Parkway site.
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Sharing Christ
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To continue to offer Alpha courses and help people continue in their faith journey.
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To ensure our community outreach activities remain healthy ways of serving and welcoming many people.
How did we do?
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Building the Body
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It was a fitting and grateful farewell to Simon Cragg and his family after more than 10 years serving Christchurch. Many church members also attended his service of induction at St Andrew’s Street Baptist Church in Cambridge.
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‘Spring Connect’ activity groups gave opportunities for meeting and building friendships across the church – with thanks to all who led and hosted these groups.
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One key volunteer change was the appointment of Jill Young to lead Harvesters and be a link for ensuring volunteers working with Seniors go through our safer recruitment process.
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The Deaf Awareness session was well attended and helpful, and a BSL Level 1 began in Autumn 2025, which continues into 2026.
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Looking forward
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We held 3 rounds of advertising and considering candidates for the second pastor vacancy but finished the year preparing to advertise again early in 2026.
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Vision 100 was launched with input sought from trustees and church members during the course of the year.
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We were unable to gain planning permission to install solar panels at our Parkway site but spent the latter part of the year in detailed preparations for an application for solar panels on the flat roof there.
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Sharing Christ
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We held two Alpha courses, and a majority of attendees are continuing their faith journey within Christchurch.
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A Christmas Lights experience told the story of the first Christmas and explained how it impacts us today.
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Public benefit
The Leadership Team has given consideration to the Charity Commission’s guidance on public benefit and in particular to the specific guidance on charities for the advancement of religion. They have ensured the church provides a variety of activities both to its membership and to the local community. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord through worship, prayer, teaching, pastoral care, mission and social outreach work.
As part of our desire to ensure that our activities are accessible to all, any charges are kept to a nominal level and, where fees are charged to cover the costs of events, courses or trips, bursaries are made available for those who would otherwise be unable to participate.
Summary Review of the Year
2025 was a year of challenge, especially following the departure of one of our two pastors. Yet overall, it was also a year of great encouragement as we started to think through what it is to be a beacon of light and hope in Welwyn Garden City and the surrounding area.
The Christchurch verse for 2025 was:
14 ‘You are the light of the world. A city built on a hill cannot be hidden…let your light shine before others, so that they may see your good works and give glory to your Father in heaven. Matthew 5:14 &16 NRSV
For us as a church, this verse from Jesus’ famous Sermon on the Mount was deeply challenging. Can we live as individuals and serve our community together in such a way that the light Christ can be seen by others?
We felt stretched for the vast majority of the year, yet, it was so encouraging to have so many people within the body of Christ who stepped in and played their part in bringing God’s light to our neighbourhoods and kept the church functioning in healthy ways.
In the absence of a Fun Day originally planned for Peartree, a Christmas Lights experience enabled us to literally bring light to people passing the site. With people from both sites taking turns to host, we also introduced people to the glorious light of the Christmas story of God becoming a human baby in order to reach, teach and rescue human beings.
It has been pleasing to see the ways that different ministries have continued to make a difference in the lives of many. building up the faith of those who call Christchurch home and reaching out to others within the wider community.
Give thanks to God, pray for each area of the church’s life and be open to ways you might get involved and deepen your own connection with God and with others.
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
FINANCE OVERVIEW 2025
Background
‑ In 2025, Christchurch Baptist operated within a challenging socio economic environment, shaped by ongoing cost ‑ of ‑ living pressures, unpredictable energy costs, and high interest rates for most of the year. The church’s ministries and community activities were sustained by steady congregational giving, enabling the trustees to appropriate cost control, and risk monitoring.
As part of this approach, the trustees took the strategic decision to make a £50,000 ‑ lump sum mortgage repayment during the year, reducing future interest exposure and strengthening the charity’s long ‑ term financial resilience.
Income
Total income for the year was £482k (2024 £481k). Unrestricted income was £432k, up 4% year on year. Unrestricted giving was £307k (2024 £315k) down 3% year on year. The Church continues to benefit from Gift Aid claims, Gift aid up 15% on 2024 with many regular givers using the scheme, alongside other tax-efficient giving arrangements, and retrospective claims.
Room hire was up 4% to £35k (2024 £33k), and income from car park rental matched 2024.
Expenditure
Our expenditure is categorised under headings that relate to our principal areas of activity – note 6 to the accounts provides a breakdown of spend in each area. Total expenditure was £360k (2024 £381k) down 5% on 2024. Unrestricted expenditure was £329k (2024 £346k).
Our overall grant giving matched 2024 in restricted and unrestricted categories, reflecting our ongoing priorities and any one-off items in the comparative year. Support costs for our staff were £142k (2024 £164k), reflecting agreed pay changes and resourcing needs.
The costs of our premises were £129k (2024 £125k), driven by utilities, maintenance, and consumables, reflecting a 3% cost increase consistent with the prevailing inflationary trends.
Commitment and Funding
The church raises most of the funds needed to conduct its work from within the congregation and no appeal was made to the public for funds. The activities we provide to serve the community are free of charge or subject to a nominal entry fee as we seek to ensure that everyone can access the activities and services.
We involve the church members in key decisions including decisions about future strategy and approval of the annual budget.
Funds
Designated and Restricted income and expenditure are consolidated into the church accounts with detail shown in the relevant notes.
Designated funds are monies that have been allocated to a particular use but remain available for the church to use for other purposes if required. The designated funds include individual organisations that are part of the church but run their own petty cash and/or bank accounts. The contributions to and payments from the Winter Family Fund are included as designated funds.
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Restricted funds are set up when money is given to the church for a specific purpose. The main restricted funds held this year were for Solar panels for our church buildings (the Solar Fund), and a donation for a part-time Youth leader. All other income is treated as Unrestricted funds and can be used for any aspect of the church’s work.
Capital Expenditure
Capital expenditure totalling £26k for the year, were mainly refurbishments works on fixtures and fittings.
Risks
The Trustees are aware of the key financial risks facing the Church and believe that these remain unchanged in nature.
The principal risks are a reduction in significant giving and sustained inflation of expenses, particularly in relation to taxation, regulatory requirements, and general cost pressures. These risks are mitigated through regular monitoring of income and expenditure, careful expense management, and active engagement of church members in discussions and decisions about the future vision and direction of the Church. Individual circumstances can change rapidly, so the short-term focus remains on managing cash flow to meet regular commitments.
Reserves
The Trustees aim to use the resources available to the church wisely and given the strong track record of giving and the engagement of the whole church in strategic decisions, the Trustees retain that free Unrestricted reserves of between £30k and £80k would be sufficient to cover any potential short-term fluctuations in income. Trustees are evaluating effective strategies, such as expediting the repayment of long-term debt, to ensure effective cash management.
Most the church's net assets are comprised of buildings, which are used to serve our communities.
Ibi Olutoye Treasurer / Trustee
Date: 31[st] March, 2026
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Vision & Future Plans
Verse for the year 2026
You, God, are my God earnestly I seek you. I thirst for you, my whole being longs for you, in a dry and parched land where there is no water Psalm 63:1
2026 Objectives
For 2026 we have identified three strategic priorities with the following objectives based on the three strands of our Vision 100:
1. To be led by Jesus
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To grow in prayerfulness as a whole church and in re-introducing prayer triplets supported by Sunday teaching series
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Fuelled by 3 evenings of worship & prayer – Seeking God
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And using a low-key relaunch of mentoring to help people discern how to maximise the grace of God in their lives.
2. To live like Jesus
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Relating like him – with a focus on connecting over food at each site and across the church, both organised and informally arranged gatherings.
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Growing as disciples – especially helping people do life with others through Life Groups or prayer triplets.
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Serving like Jesus – reviewing current ministries that serve the church and community and helping people think through how they can get involved through a SHAPE course.
3. To lead people to Jesus
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Providing courses to explore faith – 2 Alpha courses, a Youth Alpha & a BSL Alpha course
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Reaching out through special initiatives – with a Community Day at Parkway and a fresh look at Christmas Lights
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Holding ‘Easy to Invite’ events or activities
Our verse for the year reminds us how much we need God in our shared life, and how much we long for his leading and provision in the coming year.
We will continue to seek his will in all things, including the appointment of a second pastor for the team and in looking to have a full set of Trustees. We’d love to reinstate a toddler group at our Parkway site and continue to support those from other countries who in seeking
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
asylum also make the most of the opportunity to explore Christian faith and grow as disciples.
Yet more than all this, we seek God himself. We want to cultivate his presence and be a community who reflect his love and help others find life in Christ for themselves.
The one who we seek is God himself, who has made himself known to us personally. We will look to him in trust for, as Psalm 48:14 says, “this God is our God for ever and ever; he will be our guide even to the end.”
Revd. Andrew Hemmens Senior Minister
Date: 31[st] March, 2026
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Independent Examiner’s Report to the Trustees of Christchurch Baptist Welwyn Garden City CIO
I report to the Trustees on my examination of the financial statements of Christchurch Baptist Welwyn Garden City CIO (‘the charity’) for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and related notes.
This report is made solely to the charity’s Trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s Trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s Trustees as a body, for my work, for this report, or for the opinions I have formed.
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 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.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit go beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.
Independent examiner’s statement
Since the CIO’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW.
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 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 financial statements to be reached.
| examination to which attention understanding of the financia |
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Javaria Sarmad BFP FCA Date: 31stMarch, 2026 |
George Arthur Basepoint Business Centre, 110 Butterfield, Great Marlings, Luton, LU2 8DL |
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Annual Report for Christchurch Baptist Welwyn Garden City CIO Charity registration number: 1154616
Financial Statements and Notes to the Accounts
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Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 STATEMENT OF FINANCIAL ACTIVlnES FOR THE YEAR ENOED 31 DECEMBER 2026 Notas Unrostncted 0@gnate(l Reslricted Ttthl FK15 Funds Funds Funds )25 Unrestricted Degnated Rastnrt Fund5 Fund5 Fund5 Total Funds 2024 Incomg fi(xn". Donatsons and 382.634 250 20,523 403.407 369.074 37.342 406.416 InveStnnts 2,790 2,790 1.679 1.679 Charitable ¥bwlies 46,435 29,025 75,4fj1 44,915 27,729 72,645 Total 431.859 29.275 20.523 481,657 415.668 27.729 37.342 480.739 Exrture on". Raising Funds Charitab18 acb¥ib8S 328,759 23,433 8,085 360,276 346.360 23.834 10.610 380.804 Total 328 759 23 433 8085 360 276 346 360 380 804 Net Inc(X I lexpandittjiel 103,100 5,843 12,438 121,381 69,309 3,895 26,732 99.935 Gross transfers bemeen fuThts 14 16,006 13,5061 112,5(NJl 31,801 16,gJ51 124,8961 Net incorning l outgoing resource5 before other recow1 gainsl losses 119,107 2,336 1621 121,381 101,109 13,0101 1,836 99,935 tkfJeaselllnueasel In liabilty for DB pensk sthn 16 Net rnovetnerrt in furN15 119 101 62 121381 101 139 3010 R8conaliabon of funds Total fu5 bmuoht fornward 1.857.291 15.461 24.713 1,897,531 1,756.151 18.478 22.938 1.79T.5e6 Total funds carri8d fotward
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 BALICE SHEE[ 310ECEMBER 1025 Fd$ Funds Totyl Futmts Unresknd8d Funds Fur Fund5 Totsl Fu 2025 2024 FlxedA8sets Taryibl8 CUlasS8tY 2,132.788 2.132,788 2.143255 1143,2 22.4% 2.271 14.846 3.179 Id,846 3.179 prepants Cash albart I In 2,271 It4).813 185.5 17.754 17.804 203.278 328.LB5 115.33 133. Is.2 15.842 24.773 24.773 155.954 173.979 Total CUrTlaSse¢S ctOrS. aMLrtfai1 duewthii r 28.521 28. Met Cutreni As$ (LkJblliiSl 156.172 17.804 198,687 104.842 15.467 24.773 145,083 ctOrS. aMLrtfaiI due af1 ne cEYEar 312. 311 390.7 Nat hA8•ts•xcluding liabilty 1,976.397 17.804 24.711 2.018,913 1.857Jl 15.467 24,713 1.897.531 DB pen%(m Sche Ikibilty 16 NEt Asets 1,976.39T 17.804 24.711 2.018.913 1.851Jl 15.467 24.713 1.897.531 FdS Of Charny, dNithid irrto.. Unrosthrtod 1.976,397 24,711 17. 2.018.913 I.7,291 24,773 15.467 1.897,531 14 14 Trtal ChartyFutth Thecash Staiernwi ne$LeIymng Page5fan InlegTal poftheseaccounts TW tsYre byiheTtL*teeson 23rfItsthE025 arvj sigmd lhe¥bl Data". 318tMarch 2ff26 16
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 STATEMEIIT OF CASH FLOW FOR THE YEAR ElItD 31 tECEMBER 2025 Notes Totsl Funds 2025 Tot•1 Fund% X124 Cgh Provided byoperating ti¥itse# Net Incoff 121,381 Adpjsted fDr. DepreciatDn Change in DB pension lkncreaseydecrease debtor¥ Increaselldecreasel n non-TrJ)rtQ&ge ¢rtorS Met ca¥h pro¥ided by operatuy actNilies 36,133 1301 16.791 I65 C•8h Ilow8 fTom in¥e¥tment activitie8 FE<ed assets purchased Net Cagh Ilowg from investment trtS 125Mn C•8h pro¥xled from Finoncing A¢tr¥rt8 Mortgage repayTrEntS Met cash from Financing Activrbe8 (78,126 124,2781 178,1281 1243781 Changes in C•sh and c•sh equivalent• in yer 47J25 47319 C•8h and cash equ1valer broughtforward 155.954 108,734 Cash and c•gh equfj¥8lents atend year I.IDrt989e Interest pak1 li the year of £26.695 i4 ncluded In net income
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2026 l. Accountin9 polici?5 . Basis olprcparation The financia staternents are prepared In accordan the Cha[S Statementof Recommended PraCts ISORPI, FRS 102 The Financial Rep(rtng SIdard applicable In UK and Republic of Ire&nd'. Charitse5 Act 2011 and FRC Abstracts Chnstchurch Is a regL4tered chanty, tx) 1154618 meets the definibon of a wblic ber[rt enty under FRS102. The finan 5tatetnentsare presented in Pi)und5 Sterfing, generally rOUed lo the nearest wund. The Ttustee5 have deiermined thatthere 15 fK> tnatenal unrtaInty that casts doubt on the chartys abiltyto continue as a goiw COnm,. therefore, Ihe financBI statements have bn prepared a g)ing toncem baS b. Doft)atlons tknnalions are accounted for gross when received. . L¢qJcie5 Legacies are accounted forvjhen Iheir recpl B certain and can be pr(pety quants[d. d. Investtnent Income Investment Inc(Mr 15 induded In the accounts In the year in which it Is recewable. - Fundraising andpubli¢ity costs The Church thes not make fotmal 4Sforfu[mlS atxl eXndthre on these rtems is Iherefore rK>t material. f. Grantspayable The Church tnakesgN)ts ioother organiSatn$ Wse charitat obRds complement its woth Grnnts offered yJbiect 10 Ythich have not been met at the year-etKI are rmt as a cixnmrtment but Mt accrued as expethe. g. Flxedassets The Church prefflisesa in¢lLKled in Ihe bakrte sheei at eosl In Ihe ofthe Iwstees the market vaue of the buildiws considerabty grealerlhan Ihe cartwng Yalue. In the oFxni(m of Ihe tnjstees rt Is not practscable to quanbfythe difference between lhe figures Fixed assets der £10 are lIten off as expendrture in the Slatementof Finanaal Actwibes. unsS it is ConSered approwate lo capital£ the eXnditUTE0 the BalarLe ShEel. 18
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2025 I. A¢¢ouffling poll¢les...¢ot)tlnued DepreuaIn has noi been charged on the Parkway Church and Ma)se premises tecause in the opinion ofthe TrUe the reSidL1 value of Ihe asset Is not 8S Ihan the onginal cost pnce Depreciaknon on other fixed assets Is calcukted to wrtte off coston a straht-llne bas Iwer expected useful lrfe atlhefolkhmry rate5". Freehdd land Buiklings Integral Features Fixture5 Fittsngs Comper$ and equipnEnl O%pa 2.5%pal 40 years 5 %pa120 years 20%pa 15yeaT5 33a 13 years yas5etwhich Is conSered to have been Impared as a re5uh ofdamage. (thosce[e. or m lon[ in useforanyother reason Is written down atthe date on whch the itnpaitTrEnl Is Idenbfied. Debtot5 are recogni5ed althLyr 5e1t1ettI amount, le55 any provisi f<K norFrecoverabilty Prepaytnenls are valued at Ihe nount wepad. Tlw have bew Lliscwnled 10 ihe present value oflhe luiure cash recei where such dtscouniing is materia. j. Credrtors Crediitrs arKI provtsi(h)s are recognised there is an obligaiion al the balance srtei dale as a rullor a past event. fl is proba)le that a transfer of ecommic benefrt wll be required In settlement, and Ihe amount of the setuement can be esbmatsd rdiabty Credrtors and wowonS are reclSed al the am(xJntthe chatty anbupates rtv1 payto sethe the debt . Oth¢rexpendhu Expenditure Is account£%1 for on an accruals basis and has been classrfEd under headings that aggregate all cost reL4ted tolhe cateY Where costs Cannbe (irectyaknbuted to parbcdar headings have been dkncated to actvthe5 a bas15 consisieni Wlh ihe use of resources l. FundAccouniing Unrestricted funds can be used in accordarLe wrfh the charitable objectives allhe discret of thetrustees Funds de9ared fora parucular purwse by ihe church are unresiriaed Resthcted funds can onty be for parbcular resknLtsd purpose5 vthlnthe objects of ts charty. Resthcknons ansewhen SnIed bythe dOnoryen furbds are raised for patticula restricted purposes. Futlher exanaan of the nature putPDSe of each fund Is Included In Ihe notes to the financral slalemenls. The accounts include all transacbons. asset5 and1&3blities forvthich the church is responsible in kaw. Theydo not indude the actourts of church groups that their man affiliaiion b ar#Xhw body those th infcmia gatherrS ofehurch members. 19
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS Icontinu•dl YEAR ENDED 310ECEMBER 2025 Income from Uni8Stnct8d Designated Restricted Tt*81 Fund5 Funrjs Fur¥Js Funds Unrestricted D8signated Restncted Ti)t81 Fund5 Funds Fut5 Funds 2025 2024 2. Donations and legacies Plann8d gMng- b8nk CollectrS and one-off gifts Incotne lax recoverable through Gift Othei d(aon$ & misc Income Grants received 299,883 6.955 62.278 299,883 6,955 66,328 16,723 13.518 284,969 29.779 54,326 284,969 29.779 60.665 31,003 50 200 6.339 31.003 16,523 13.518 Total 382,634 250 20.523 403.407 369.074 37.342 406.416 3. Investments Inv8stm8nt income 2,7 2,790 1,679 1,679 Total 2.7 2,790 1,679 4. Chartrable actlvltles Church & Hall lettsngs Car Park ttIng5 Contnbutions towards events and actwilies )dy & Soul Café Incom8- indiwdu81 org8nis8b.ons (Note 14al Total 34.636 7,113 34.636 7,113 4,686 19,259 9,767 75.461 33.341 6,901 4,673 33.341 6.901 4,673 17.554 10,175 72.645 19,259 9,767 29,025 17.554 10,175 27.729 46,435 44.915 Total Income 431.859 29,275 20.523 481,657 415,668 27.129 31.342 480.739 20
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS Icontinuedl YEAR ENDED 310ECEMBER2025 Expendiiurg on Unrestricted Designated Restncted Total Funds Funds Funds Funds unrestn.ded Designated Restrided Told Fu5 Funds Funds Funds 2025 2024 5. Costs of qeneratlng voluntary Income 6. Charltable Actlvhles a. Grants payable Beni & Irrna Xhako (Albanial BMS Wotld Mission Mission Awalion Fellowship Paul Tumer IPetul ugaan Orphanage l NidK)las Ongamo de%gnaled grants". B(xty & soul café note 15a Baptist Home Mis%on New Zion Fo(xJ Bank Utban Saints Abby Murphy (Ecuthl Isabel Hospice Sl Frarncis Church WGC 2,456 5,226 4,020 4,170 1,780 2.456 5.226 4.020 4,170 8,280 3,529 5,148 3,912 4,056 2,631 1,250 4,779 5,148 3,912 4,0 7,631 6,500 5,820 5,820 585 96 3,366 5.TT2 96 3,366 3,273 3.273 20 20 20 26,934 6,500 585 34,019 28,416 5,040 1,2 34,706 O. Servlng Chiklrens wo Pansh Nursing Retognitson Church refreshments 4,211 1,270 510 2.299 8.2 4,211 1,270 510 2.299 4,118 1,434 266 1.704 7.521 4.118 1,434 1.704 7,521 21
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS Icontinu•dl YEAR ENDED 31 DECEMBER 2025 Expenditure on Icontinuedl Unrtstncted Designated Restricted Total Funds Funds Funds Funds Unrestncted Designated Resthded Total Funds Funds FutMIs FurMJs 2025 2024 . Worship PA & AV equipment All age worship whIp resource5 Guest speaker5 Signing 214 214 35 427 1,860 2,287 290 1.145 566 725 725 1.145 1860 d. Relationships Welcotne leatn Pasioral BOB- men's ministry 141 2.080 5B3 2.804 267 419 361 1.047 267 1.799 361 2.427 1,440 1,380 1,364 1.440 1.380 . Outr•ach Alpha Community Events- Peartree Community Events- Parkway Churches in Wehw Garden Ctyjoint events Body & Soul Café Cost ol actsvitses- individual organisatsons l Note 14a I 487 1.685 133 133 1.685 760 105 760 105 7.429 78 78 7.908 7,908 7,429 997 f. Discipl•ship Sister Soul- women's ministy Youth work 609 13.733 14,342 657 6.618 7,275 657 14.118 14,775 6,233 6,842 7,500 7,500 7,500 7,500 22
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS Ic•ntinuedl YEAR ENDED 31 DECEMBER 2025 Expendlture on Icontlnuedl Unrestricted Designaied Restricted Total Fund5 Funds Funds Funds unS1nded Designated Restricted Total Funds Funds Funds Funds 2025 2024 g. Support¢osts- Salarles & manse Salaries & Pensn$ Manse costs MIDisler's expen Leadership development Recruiimeni Training I conferentts 128.36e 9.649 946 128.368 9.649 135.534 24.996 2,121 1.073 135,534 24,996 2,121 1,073 1.062 1.410 142.102 1.0 1.410 142.102 595 164.320 595 164,320 h. Support¢osts- Church premlses Insurance Gas Electricity ater Depreciabon General Maintenan Ckaning Gonsumables Mortgage Interest Ichnstchurch Peartreel 6.381 11.495 22.993 1.460 36.133 9.857 9.240 4.700 26.695 128.954 6,381 11,495 22,993 1,4e 36,133 9,857 9,240 4.TLIJ 26.695 128.954 6,056 8,034 17,373 1,409 35,522 10,568 10,680 2.841 32,736 125,219 6,056 8,034 17,373 1,409 35,522 10,568 10,680 2,841 32,736 125,219 1. support ¢osts- Admlntstratlon Printsng I copying Publicity Postage Telephones Subscnptions & lees Stationery l Offitr equipment Bank charges Indepet¥Jent examiner 735 247 12 2,019 4,536 306 85 735 247 12 2,019 4,536 3C 973 32 12 973 32 12 1,950 4,258 452 60 1,740 9,477 4,258 452 60 1740 9477 7.79J 9.T29 9.729 Total 328.759 23 433 8,085 36D.27e 346,360 23.834 10,61Q 380,804 23
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE ACCOUNTS Icontinuedi YEAR ENDED 31 DECEMBER 2025 T. T•Jlglbie •ssets CThurcTh Propety BuIIOin Iniegrai Features Fixtures & computers & Equipment Toiai Cosl al 1 January 2025 Addrtions during Iheyear Disposals auring Ine year Cost al 31 December 2025 1.426.542 861.639 24.896 210.676 21.963 57.372 3.703 12.8431 58.232 2.581.125 25.667 {2.843} 2.603.948 1.426.542 861.639 24.896 232.639 Accumulatea Oepreciaknon at 1 January 2025 Charge lorlhe year D15posa15 during the year AccuMU1ed Depreciatson ai 31 December2025 Met bLN)k value at 31 December 2025 191.580 21.541 767 1.245 191.288 10225 51.234 3.122 12.8431 51.513 437.869 36.133 12,8431 471.160 2.012 201.514 1.426.542 645,518 22.884 31.125 6.720 2.132.788 Net bK value at 31 December2024 1.426.512 667.059 24.128 19.387 6.139 2.143.255 Aadilions dunng the year were-. Parkway Peartree Manse 14.225 6.748 990 21.963 1.318 2.386 15.543 9.134 990 25.667 3.703 All the church properbes are treehold". their caTrwng values break down by site as folk)ws" Parkway Church Manse- Gresley cle Peartree- Tewn Rd- land valup 487.810 163.732 775.000 1.426.542 All fi¥ed as5els are used fordirect charilable putposes. Sorne ofihe lumilure. computers and equipment are used bolh for direct ehantable putposes and Ihe tnanajemeni and administralion 01 the church The parkway CThurcn Wiloing and Gresiey close manse. sThown balance sneei at cosi were transrerrea from the Baptist Unn Cotporalion to the CIO on Jrd January 2019. 24
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTES TO THE AecouNTS Icontinuedl YEAR ENDED 31 DECEMBER 2025 Unrestrlcled DIgnated Retted Total FuT¥Js Unreslricled Deslgnaled Resincled Total Funds Fund5 Fund5 Fund5 Fund5 Fund5 Funds 2025 2024 8. Debtors HMRC Gift Aid receivable Hall Lettings Debtors otTher Receivables 14,596 50 14.646 12.OY3 1,261 12.023 1.261 1.5S2 14,846 1.719 22,546 22,496 50 14.846 9. PrepJyments other Prepayments 2,271 2271 2.271 2.271 3,179 3.1T9 3,179 3.179 10. Cash ai banklln hand CAF Bank Individual organtsations- bank balances Inaiviauai organisatsons- pety cash 160.813 7.499 9.793 462 17.754 24.711 193.023 9.793 462 203,278 115.338 2.242 13.193 408 15.842 24.773 142.353 13,193 408 155.954 160,813 24.711 115.3S8 24,TT3 YY. Credrtors.- amounts f•lllng dtse one ye•r Mortgage on Christchurch Peatree Other crednors 23,997 5.411 29,408 23.997 5.411 29.408 23,879 4.642 28.521 23.879 5.017 28.896 375 375 12. credrtors.- amounts f•iiing due •nermore oneyear Mortgage on Christchurch Peatree 312,563 312,563 312.563 312.563 390.807 390,807 390.807 3,801 The mortgage is secured ty a tharge over Chri51church Peartree. 20 Tewn Road. Wew Garden Cty 25
Annual Report for
Chiistchurch Baptist Welwyn Garden City CIO
Charity iegi5tration number.. 1154616
NOTES TO THE ACCOUNTS (conti#d1
YEAR ENDED31 DECEMBER 2025
f3. Analysis ofN8IAss8ts
lexc. penslon Ilabllltyl
F8d
Cutt8nt
Cr8ditora
rNer l year
2D25
2D24
R@sl[ict Fundslper 14bl
Desonated Funds noie 14al
ijnrestncted Funds
24,711
17,8Tr1
156,172
24.711
17.804
1.976.397
24.T13
15.467
1.857.291
1132.788
I3123)
TO N@IAssEIs18xc. p8[El( l&rybi&tyl
2.132,788
198,687
1312,5631
2.018.913
1,897.531
14. FuR
Annual Report for
Chiistchurch Baptist Welwyn Garden City CIO
Charity iegi5tration number.. 1154616
NOTES TO THE ACCOUNTS IcoThtinu•dl
YEAR ENDED31 DECEMBER2025
b. Restri¢tedFuJ)ds
Bnce
l-Jan-25
IrKome
cgifta
Eyndiure
Transfer
3LaD
31-tlec-25
Solar F
Y
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 NOTE5 TO THE ACCOUNTS IcontlthuÈdl YEAR ENDED 31 DECEMBER 2025 16. Pension Schomo Liability The Church 15 J wttrcpjting ernOyer1nthe Baptst PenSn Stheme (kne Scheme"). whKh 15 a Separate enbty adNntered byl pern0 Trustée IBupti8t Pansian Ttusl Limil8dl The Schom@. Prevu5 knDwn a8 tha Bspbst Ministers Pons Fur, startod in 1925. At the winni of the 2024 finanud year. the S¢e compnsed of a delined benefits sthÈMewhi¢hw3s ck>sed tofLrture3ttmal M 31 Defflber 201 l and a defined conlnbUb plan which w3sowed In Janu3ry2012.The assels of the Scheme are ld separatetyfrom those of the Emloyerand Ihe other paTtscip3tiDg empbyet5 Forthe cuentand pre¥u5 finanaal year. pension v)n lorthe Church's rn1$1e and paid rnber$ of staff ha5 been made thrOh Ihe Deffined Contnbthl IDCI of Ihe Scheme Under this atrangemenl. miDEtsrs parbcipate In the MiDislers Seclion ofthe plan atvj conthth of th8ir P8nsionable Incon, and th8 Church conknbuhry olthe rninistérs. ponnable Incomo indiwdual wnsion acCnig In addl0Th. the Churth pays & tutheT 4% 01 Pensitsnable Incometts ttsvÈr Death in SeMcÈ nefits, mInis1[atl Costs. and an associated Insuran Wicywhich prowdes Incorne protstboThfor Schthiie members If they are unab10 Vrk dueto IMg4erm Incapauty. The other Tnembefs of staff parhapate In the Basic Sec1 ol Stheme underth seckn. theemFdoyees conlrule 5% of Pennab Income. and the Church a150 conthbutes 5% of Penyon3ble Inwme. of whh 4% Is paid indivVal pen510n accwnls and 1% covets adnis1[a wsL8 and dgath 58tvK8 b8n8fft5. The ncome wotectn FdKy Is iDSLTed by IkE Baptsl of (>eat 8Titain 1h A¥ Limited. and the petwn accounts are operated and matwged beh4fofthe Penwn Trusle9 by Brood5tono Cwrats Bgngffts Lld. In Othber2024, the In5w3nce ¢ompanyJust (x)mpWed a bQu10fthe liaLN19srfthe ck)8ed defined benefft 5then Fr that dat8 any rnal1 Saknlty olth8 partiPatIng sch8m8 m8mb8tS to dthed Le[rt schotne ceas8d and the £1 p8r month d8fficit Payab bythe partlcipabng emtAoytts were 4reed In the recovery l2n approved IA$t 2022 aWceased from that date. AdMl$tra)n of the dosed defined benefrtschemetran5fetredfrom the PsK trustees loJu5t Group fromlhatdate. In wth Sethon 28 11A of FRS 102 requres aeed defiol recoverypaymenls to be rec(ynised as a Irability The present vabJe ol tho agreed def1 ¢OntrbulrnsvmQ imtllatetial altt* bgginniw of the finatalYd were fUlengU1Sh9d bOutWaS (X)Mpted by Just Group in Octor2024 28
Annual Report for Chiistchurch Baptist Welwyn Garden City CIO Charity iegi5tration number.. 1154616 PIOTES TO THE AceouNTS Icontlnu•dl Christchurch Bapt15tWelwyn Garden City CIO 17. Related Charltres The cu51odian Ttuslee Of Ir* Church $ Ihe Baptist unw)n COOratn Limieo wnich ts a thanty number 24CJ635 and which E Ctr(led bythe Baptist Union Council. The cnLrth Is also a member of the Sa1$1 unn Qr Gal Briiain Church tnade donation5 to Bapbst un WO msID Honr msK)n Schemes as setout In note 6a 18. ReiateL4parts The wrfe ofone Ttustee. Trth) t)egan seNlng In Nov 2019. & In pad emtAoymentwth the churth as ItSAdmlStr3tOr. One Trustee. the Seniu Minister. wno aL an emyoyee. Iwed In housing the £hutch one Trustee. Ine Associate Minister, unui el of FeLYuary, Iiweo In Thn9 rented by the thurcn arml bytheAssociate Minister The church paid a rent of £1.350 perrwnth forlhe iwo No sumswere reittbursed to the TruStee5fknei[ wotk as Ttustees 12024- nil) The fdlowng related parbes were paid Ihese aUnts In seT¥l to Ihe church Saw Pen5iOll Rev Aenn5 {senrnle[and Ttusteel Rev s cragg {ASSOCkiie Minisiw Trusieei C Rowe (Adminislralorand wrfe ol TnJ5teei 39.995 5.068 715 553 45.063 6.1Q3 11.613 11.060 Totas 56.442 6.336 62.779 The Chnstchurch BaptistVleKw Gatden Cty CIO con5tihrtion dated 17 Noverrkner 2013 authonsesthe paytnentof reMneran to trytstees. Donaions recee0 from Twsiees arfounteo 10 f51.406 iThe year12024. £65,724) 19. Ind¢pend¢nT Examiner A provi of £1.800 ha5 been tnade in thefinancial statements in respectof irtependenl exaets fees 29