CAMBRAY BAPTIST CHURCH CHELTENHAM LOVE + GROW + GO 2025 ANNUAL REPORT with financial statements for the year ended 31 December 2025 Registered charity number.. 1156858 11111: Idk Cambray Baptist Church, Cambray Place, Cheltenham. GL50 IIS www.cambray.org 01242 584672 office@cambray.org
CONTENTS REPORT OF THE TRUSTEES AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 PAGE ACHIEVEMENTS & PERFORMANCE.... Services and Worship.......................... Community Artivities............................................ Children and Youth Mission.......... Buildings................................... Partnerships.................................................................. Future Plans. STRUCTURE & GOVERNANCE....................................................... .. Staff Team........................................................................................................-............................................................ Trustees................................................................. FINANCIAL REVIEW .. .10 DECLARATION ...........................-................................................................................................................................. li REPORT OF THE INDEPENDENT EXAMINER.................-...........................................................................................-...... 12 STATEMENT OF FINANCIAL ACTIVITIES........................................................................................ .................................. 13 BALANCE SHEET.................................................... ..... ................................................................................................... 14 CASH FLOW STATEMENT.................................................. ......................... ................................................................... 15 NOTES TO THE FINANCIALSTATEMENTS............................. .16
ACHIEVEMENTS & PERFORMANCE The Vision of Cambray Baptist Church is to be those who Love God in every part, to Grow in Him and to Go with the gospel into all the world. We therefore don't look back on the year and look at our income, or our numbers in church, or our range of activities. Rather, we long to see growth in spiritual maturity and Godly character in each person who makes us the church. and we long to see people introduced to Jesus and His love for them. In reflecting on the year past, therefore. wè look to those things that have enabled growth in these areas. 2025 was a year in which we saw greater consolidation compared to the rapid change5 and difficulties of the post-COVID years. The activities restarted in 2023 and 2024 put down deeper roots and. throughout the ministries of the church, there was greater stability. Although we still saw more newcomers. there was less movement than previous years. And we rejoiced in being able to recruit a Church Manager who ha5 been so effective in her role. We saw growth in depth of our internationals work, and a greater sense of family between the 'newcomers' and those who have been among us many years. We saw greater spiritual maturity in many, and there was a sense of being prepared for greater things to come. In the midst of this, there were challenges. Some of these were more hidden initially but came to present particular difficulty towards the end of the year. But, we reco8ni5e that God tells us that it is in our weakness, when we look to Him for strength, only then are we truly strong. Services and Worship This year our weekly attendance wa5 largely unchanged through the year. As a church in an area with high housing costs we always face the challenge of losing young people and families who cannot afford to stay in the area. And the global political situation meant that we lost some of our families who had been sent to work in the UK for a period. However, we also saw newcomers join us, and were grateful to see people who have joined us in the past few years start to serve in various ministries in the chLtrch. We continue to face challenges in some areas of church where particular skills are needed and yet those with these skills are not available. despite the size of the church. However. we were encouraged that retent Leadership Training has meant that some are more ablelwilling to step up to help. We are also encouraged that many of those who stepped in when ministries restarted after COVID have become committed to those areas of servÈce. WORSHIP I GRowfH HIGHLIGHTS JANUARyARCH Week of Prayer Race Week Street Outreach Women's Conference in Bath Leadership Training starts APRILuNE Easter Services Youth Camp JULY-SEPTEMBER Holiday Bible Club Church Away Dav Many Mission Partner5 Wlth u5 in UK Harvest Gift raised >£22,000 OCTO8ER.OECEMBER Missions Sunday Christmas Community Market Christmas Service5 Combniy Christmus Mtsrket Registered charity number.. 1156858 Page 13
Community ActiVTties In 2025 we were pleased to see that the team5 which had been established to lead various ministries in the previous year5 were well 'bedded in, and that people really 'belong' within the teams. We were pleased to be able to replace some who had to step out/move on because of life circumstances, with people willingly stepping in to enable key ministries to continue to run. We continued to see a lot of interest and involvement in the sports-related activities which provide friendship and community to many, and to see good numbers at our spring community Quiz ni8ht. A particular blessing during the year has been the Continuing work among Internationals, with the Conversation Cafe, the International Men's Breakfast and the special events for Internationals all being particularly well attended. Some additional opportunities to meet up were provided for those among the Internationals who wanted to know more about the Christian faith. We were so pleased to see the Youth work contlnue to prosper in all the variou5 groups, even as we have recently'lost, some to University studles in recent years. For some of these Youth Groups we had a considerable leadership change. and we are grateful that new people were able to step in to cover those who had to move out due to employment or family circumstance changes. We were particularly excited to see a new monthly mid-week Children's Club started and are $0 grateful for the new team formed to help run this- it ha5 been very well attended each month. In 2025 we were not able to ft)Ilow-up the opportunity we had to send people to experience overseas Mission work due to both personal circumstances and national px)litical situations. However, the year was not wasted- a lot of preparation was put in place for not one but two Mission Trips in 20261 We look forward to the experiences these teams will have. In our Harvest Offering for 2025 we partnered with a charity working with a community in Uganda. Their work required major rebuilding of their church/community centre, which included a large new roof and new flooring for the expanded facility. Our Hatvest Offering wa5 intended to cover the cost of the roof, but we were able to raise more than our target and this covered the cost of the flooring too. We also had more reports back from the results of the generosity of the church in the Harvest Gifts of 2024 and 2023 Ithe latter towards important work in Tanz3nial, and it was 3 privilege to see how God had used these gifts. COMMUNITY HIGHLIGHTS Our church was open to the community in both the Heritage Open Days in the town and when we provided the Cambray Christma5 Market stalls to provide a shop-front for local small businesses and to draw the community around Cambray Place together. We saw many vi51tors into the church for these events, among others throughout the vear. We continue to partner with Hallowed Grounds to provide the Coffee Cart for the community, and the support provided to many individuaSs through its work is very greatly appreciated. We've not even talked of other are of Community engagement, including our Open Church provision each week. various Sports- related Broups, our weekly Parents and Toddlers group, our Older People'5 Lunch club and the Gateway group. We are so grateful for all who help to provide these arnaiing opportunities for the community and the church. Partnership with Hallowed GroLtnds Coffee Cart Toddlers Group Children's and Youth Clubs Internationals Events jANuARYARCH Community Quiz Race-week Street Work APRIL-JUNE Easter Services JULY4EPTEMBER Summer Holiday Bible Club Heritage Open Days OCTOBER-DECEMBER Christmas Market Christmas seIce5 Registered charity number.. 1156858 Page 14
Children and Youth The lighthouse teams work well together, especially on Communion Sund3y5, when all groups are together. Leaders are encouraged by the children engaging with God's Word and the Activities. Children have also made some lasting friendships during their time together. Pray for the leaders, that we may continue to work well together in Unity. Pray that God will continue to bless this work and that the children may come to know Jesus Christ as their personal Saviour and find Faith irb Him. Monday Youth have had an encouraging year. There has been a core group of regular attendees weekly who have developed a strong friendship groijp. Topics studied included Firm Foundations through I Timothy, Exploring Life with jesus. and Sharing Jesus through the Gospel of John. Over the summer there was a change of leaders running the group, and with many of the young people due to move on in surnmer 2026 there has been and continues to be a focus on tryin8 to ready them for living for Jesus in their adult life, working or at university. The church has been encouraged this year through the start-up of our bfand-new kids ministry called Dangerous Club. Dangerous Club Is a once a monrh, Friday evening children's club for ages 7-11. It is a fa5t- paced, action-packed after school club where children join in with several activities per session, then listen to a short bible-talk. This ministry has been heavily blessed, with a continuously growing core team who are willing to help during our monthly sessions. The number of children attending has also been steadity growing month by month, with approximately 25-30 children per session. CHILDREN & YOUTH HIGHLIGHTS JULY-SEPTEMBER Holiday Bible Club, Youth Weekend Away OCT08ER-DECEMBER Dangerous Club Dongertrus Club Mission In 2025 we continued to financially and prayerfully sUPPOrt 4 Mission Partners whom we sent through Mission Agencies to work in Nigeria. Zambia, Kosovo and Italy. In 2025 we added an additional prayer- supported Mission Partner who is working in Nigeria, and we continue to have other prayer-SUPPOrted Mission Partners who are serving in Tanzania and in a socially needy area of the UK. Many of our Mission Partner5 were able to visit the VK in 2025. We held two Missions Sundays to promote Missions more widely with in the chLJrch fellowship. We were delighted to add an additional person to the Mission Team which promotes Mi551011 Wlthin the church. We donated a wonderful Haryest Thanksgrving of over £22,000. which paid for 3 new roof and the floor in a new building for a church community projert in rural Uganda. enabling education and health care initiatives and providing a large community and church building. MISSION HIGHLIGHTS Closer support for 4 long term Mission Partners Additlonal Prayer-supported Mission Partner Planning for Mission Teams to 2 countries in 2026 Generou5 Harvest Thanksgiving offering Further Expansion of our Mission Team Registered charity number.. 1156858 Pa8e IS
Buildings 2025 was a very different year tornpared to recent years in relation to doing thlngs in the church bullding5. Regular maintenance tontinued throughout the year and thank you to all who have helped. During the summer holiday we did the first major aesthetic change to the buildin85 Wlth the stripping and repolishing of Rodney Hall floor. This proved to have its problems and in the following half term we had to redo certain water damaged areas. The floor is now much nearer its original colour and the room much lighter. In the Autumn the second major aesthetic change took place with the replacement of the main church carpet floor tiles. Thank5 to all who helped with the choice of colour. The work took place over two weeks, one for the balcony area and the second for the entrance and main thurch floor. Thanks to all who helped move chairs and many more items. The funding ofthe two main changes came from legary money. 80th aesthetic changes have had positive comments from V15ttor5 and helped the advancement of Gods kingdom. BUILDING HIGHLIGHTS Repolished Rodney Hall Floor Replacement of main church carpets Moin church corpet replocement Partnerships It is a privilege to partner beyond the church at many levels. Within Cheltenham, Cambray Baptist Church is a key member of the Love Cheltenham initiatives for prayer and joint work of the larger churche5 in Cheltenham, 3nd we have been involved in arranging joint church activities throughout 2025. We are also a founding part of the Gloucestershire Gospel Partnership, which brings together churches of similar theological conviction from a broader area, encouraging and training church leaders and seeking ways of providing help for one another in our work. PARTNERSHIP HIGHLIGHTS The members of the church have wide affiliations, some of which have been closely connected with Cambray over many years. We were pleased, this year, to give our Christmas Gift to the Work of the Chaplaincy within the YMCA, an(1 to partner with the vision for that work. We continue to have church members involved in the work of street Pastors, and to collaborate in provision of food and supplies to the Food Bank in Cheltenham. We financially SUPF)Ort the work of UCCF in Universities in the UK, IFES in Universities across the world. and the work of Chrlstlans Agalnst Poverty in Cheltenham. We have also had the privilege of having some refugees housed close to the church and the privilege of some of them worshipping with us. We have provided support and help to a number of these people who have found themselves irs difficult situations, being advocates for them with government agencie5. Three 'Love Cheltenham, joint churches evenings Continued support for Gloucestershire Gospe Partnership Supporting students throLtgh the work of UCCF Christmas Gift to support the new YMCA Chaplaincy Volur4teer5 from the church enabling the work of Street Pastors. CAP, YMCA and Food Bank. Registered charity number: 1156858 Page 16
Future Plans We were grateful for the consolidation of 2025 and the building upon that. which we reported we were expecting in our last Annual Report. We are so grateful for the ongoing volunteer work of so many who enable a broad range of ministries and activities to be run by the church. We are grateful to see the older generations who have served so faithfully over so many years drawing alongside the younger generations who are stepping in to serve the church in the years to come. We have been blessed by consistently growing giving in 202S which has enabled the work of the church to respond to the economic challenges and not be held back. We are so grateful that most of our income is committed monthly giving which is set aside by individuals and is therefore 'predictable' income. This makes planning so much easier. We are also so grateful that this steady income growth has enabled us to plan for the coming 2026 year to Provide additional financial support to some of our Mission Partners who are working in countries where inflations is much more than in the UK and who would otherwise be struggling to survive financiallv. We would have wished 2026 to have been a year of really'stepping ouv into new opportunities. and laying the foundation for future growth. Sadly, in the latter part of 2025 some difficulties have arisen which could considerably threaten development and future opportunities. We are looking to God to enable LSS to work through these difficulties and to build strong foundations for the future. We are encouraged that our God is able to transform what looks impossible to humans into great work for His Kingdom purposes. We are excited by new opportunities to link in with God'5 work Internationally through our Mission Trips this year, and through the greater number of people originally from beyond the UK who are worshipping with us. We are so grateful for a more diverse and international Community. and are excited by the opportunities this will provide in the years to come. We long to see deeper growth in people'5 walk with God and maturity in Him. and are grateful for the many $18n5 of God at work amongst us. These days many of the 'Gen Z, age group are searching for purpose, meaning and love, having lost hope in what society has to offer. This is a time of opportunity, and we long to be in a position to be used by God to see new generations come into living faith in God. bringing hope to others in a world where hope is rare and trouble is ever-present. li Registered charity number.. 1156858
STRucfuRE & GOVERNANCE Cambray Baptist Church, Cheltenham is a Charitable Incorporated Organisation Iregistered on 30 April 20141 and 15 governed by an Approved Governing Document lour Constitution, dated 26106/2013 - see https.'//www.c3mbray.orglresourceslchurch-constitution-and-rules/l. Our registered charity number is 1156858. Our principal purpose is the advancement of the Christian faith according to our Basis of Faith, to include the advancement of education and other general charitable purposes in such parts of the United Kingdom and the world as the church shall determlne. We provide a variety of activities to our congregation and to the wider Cheltenham community. Our vision is that toqether we Ilve Ilves of worshlpi lovlngJesus1 growing In discipleship* ond boldly proclciming Jesus so thot we impart our town, notlon and the worldfDrJesus. OUR OBJECTIVES LOVE - growing daily in love for God GROW - growing daily as disciple- making disciples The organisation's leadership team are the Trustees, comprised of the Pastors, Elders and Deacons, supported by a staff team and a large number of volunteers. Trustees are voted in by the Members of the thurch at a formal meeting. Meetings of the members normally take place four times per year. At a church members, meeting, the Trustees may submit matters to the members for guidance. consideration or decisions. Members can also give notice to raise matters at meetings. Though the Constitution permits decisions to be made at church meetings by appropriate majorities, the Church seeks to work by consensus wherever possible. GO- going daily in bold 8ospel witness Staff Team Hannah Watson Church Manager from January 2025 Church Cleaner untilJuly2025 Rob & Rachael Goldsmith Contratt Cleaners Arom September2025 Geraldine Luffrum Finance Officer Registered charity number.. 11568S8 Pa8e 18
Trustees Alwyn Barry Senior Pastor Tim Martin Associate Pastor Andy Turnbull Children. Youth & Families Pastor Paul Montgomery Elder Colin Barnett Elder Alan Pilbeam Elder Peter Stojanov Elder Church Treasurer David Weeks Pastoral Care until 4, March 2026 George Boyd Small Groups, Lèy Preachers Alex Luffrum Church Secretary until 24th February 2026 Andrew Chan Welcome, Newcomers, Membership lan Parsons Fabric Re8lStered charity number.. 1156858 Pa8e 19
FINANCIAL REVIEW The church raises its own funds it needs to carry out Its artivities from within its own congregation and membership. The church also expresse5 Its part in the life of the wider church, by making grants to national and international Christian organisations and societies, with Christian aims and objectives compatible with the church's own charitable purpose. The church is heavily dependent on its congregation working as volunteers in all aspects of our activities, many of which run with no or little impact on the churth's expendrture, but nevertheless contribute substantially to the achievement of the church's objectives and to the public benefit. Net income for the year is £56.77312024 £42,538), benefiting from legacy income of £70,28012024 £26,540). The Cottage, Number 10 Rodney Road is being let out for rentsl income and its value a5 an investment property a5 required by the accounting standard is £465,500. The trustees have agreed on a reselves policy to maintain a balance in the General fund of at least 3 months of regular outgoings, plus an additional 3 months of Salaries and mission partner *undin8. Based on the accounts this is £143,000. At the 31st December 2025 the balance in the General Fund was £200,828. Major rep1arnent expenditure, including capitalised, was incurred on church carpets £16,950, Rodney Hall floor and markings £14.480, keyboard £3,723, Rodney Hall tables and chairs £2.450. RISKS The main financial risks to the thurch are.. INFLATION ANO COST OF UVING - this will affect the costs of operating the church, e.g. heating and insurance bill increases. and as rnembers of the congre8ation might face a tl8htenlng of flnances, there is the possibility that 8ivin8 could reduce. MAINTENANCE OF OUR PREMISES- The fabric team monitor and maintain the premises to a high standard and work to a list of priorities for maintenance as well as responding to urgent needs. Registered charity number.. 1156858 Page 110
DECLARATION The Trustees declare that they have approved the Trustees. Report above. Slgned on behalf of the charitrls Trustees. Signatures Full Names Peter Stojanov lan Parsons Posltlon Treasurer Trustee (Acting Church Secretary) Date /41 Registered charity number.. 1156858 Pa8e 111
REPORT OF THE INDEPENDENT EXAMINER I report on the financial statements of Cambray Baptist Church, Cheltenham for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and the related notes I to 19. Respectlve responslbllltles of Trustees and Examlner The charity's Trustees are responsible for the preparation of the financial statements. The charitvs Trustees consider that an audit is not required for this year under section 144 of the Chaflties Act 2011 Ithe Charities Act) and that an independent examination is needed. It is my responsibility to- examine the financial Statements under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 1451Sllbl of the Charities Act. and to state whether particular matters have come to my attention. Basis of Independent Examlnerfs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financi31 statements, and seeking explanations from the Trustees concerning any such matter5. The procedures undertaken do not provide all the evidence that would be requirèd in an audit, and conseqLtently, I do not express an audit opinion on the accounts. Independent Examlner's statement In connertion with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act: and to prepare financial statements whith accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met. Slznature oPGloX> C Full narne Steven Pascoe Quallficatlon ACMA Date 11/</ Registered charity number.. 1156858 Page 112
STATEMENT OF FINANCIAL ACTIVITIES Year ended 31 December 2025 Notes Unrestrlrted funds Restrlcted Endowment funds funds Totsl Total 2025 2024 Income from: Donations and legacies Charitable activities 364,696 14,226 27,393 406,315 24,982 389,678 14.226 27,393 431,297 323,645 16,153 25,340 365,138 Investment income Total income 24.982 Expenditure on: Charitable activities 350,458 350,458 24.066 24,066 374,524 374,524 322,600 322,600 Total expenditure Net incorne 55,857 916 56,773 42,538 (Lossllgain on revaluation of fixed assets io 9,5001 19,5001 19,5001 47,273 475,1XJO 517,538 Net movement In funds 55,857 916 Reconciliation of funds: Total funds brought forward 287,726 845 485,788 774.359 256,821 Total funds carrled forward 18 343,583 1,761 476,288 821,632 774,359 Registered charity number.. 1156858 Page | 13
BALANCE SHEET Year ended 31 December 2025 Notes 2025 2024 Fixed Assets Tangible fixed assets io 66,567 56,340 Investment property110 Rodney Roadl li 465,500 475,000 532,067 531,340 Current A55ets Debtors 12 15,777 20.375 Fixed term deposit Cash in hand and at bank 106,070 loo,000 13 174,258 129,334 296,105 249,709 Current liabilltles Creditors: amounts falling due within one year Net current assets 14 16,5401 289.565 16,6901 243,019 Net assets 821,632 774,359 Charltable funds Unrestricted funds 15 343,583 287.726 Restricted funds 16 1,761 845 Endowmentfunds 17 476,288 485,788 Total lunds 821,632 774,359 The notes on pa8es 16- 23 form an integral part of these financial statements.. notes I to 19 inclusive. These accounts were approved by the Trustees on on thelr behalf by: and signed Slgnatures Full Names Peter Stojanov lan Parsons Posltlon Church Treasurer Trustee Registered charity number.. 1156858 Page 114
CASH FLOW STATEMENT Year ended 31 December 2025 Notes 2025 2024 Cash flows from operatln8 actlvltie5: Net income for the year as per the statement of financial activities 56,773 42,538 Adjustments for: Finance cost pension discount unwind Depreciation charges Movement in pension liability Pension deficiency payments Decrease/lincrea5el in debtors Decrease in creditor5 45 18,966 3,788 11,0351 iioi 14,4381 1871 40,801 4,598 11501 80.187 Net ¢osh provided by operatlng actlvltles Cash flow5 from investing activities. Purchase of property, plant and equipment Amount placed on fixed term deposit Net cash used in investing activities 129.1931 16.0701 135.2631 144,4451 IICM).0001 1144,4451 Net Increase / Idecreasel In cash and cash equivalents 44,924 1103,6441 Cash and cash equivalents at the beginning of the year 129,334 232,978 Cash and ¢ash equlvalents at the end of the year 13 174,258 129,334 Registered charity number.. 1156858 Page 115
NOTES TO THE FINANCIAL STATEMENTS I ACCOUNTING pouaES a. Basls of preparatlon The accounts are prepared in accordance with the Accounting Regulations set out under The Charities Act 2011, and with the Charities Statement of Recommended Practice FRS102 20191"Charities SORP FFIS102"1. b. Donatlons Donations are recognised when received. Income tax recoverable on Gift Aid donations is recognised when the income 15 recognised. c. Legacies Legacies are accounted for when their receipt is reasonably certain and can be properly quantified. d. Investment Sncome Investment income is included in the accounts in the year in which it is receivable. e. Grants payable The Church makes grants to other organisations, including those involved in the support of Gospel Partners sent by the Church, whose charitable objects complement its work. Grants are accounted for when paid over, or when awarded, if that award creates a binding obligation on the trustees. f. Support Costs Support costs are conSided to be wholly attributable to the Establishment activity. g. Flxed assets Church premises and the manse built in 1952 are stated at cost. 10 Rodney Road is accounted as an investment property and stated at market value. These properties are held under permanent endowment constituted under the terms of the deed of bargain and sale dated 27 January 1855. The General Vesting Declaration signed on 30 December 2014 confirms that these properties are subject to this property trust. Depreciatlon has not been charged on the original cost price of the church premises or manse. because in the opinion of the trustees, the residual value of the asset is not less than tost. Subsequent capitalised buildings expenditure is included at cost less accumulated depreciation. Furniture and fittings and computer equipment are ststed at cost less actumulated depreciation. All assets where the cost of the item is greater than £1,000 are capitalised. Depreciation is calculated to write off the cost down to its estimated residual value on a strai8htline ba51S over the expected useful life of the asset, at the following rates.. 8uildings Furniture and fittings Computers and equipment 33% h. Financial instruments 'Financial assets are cash at bank and in hand as shown on the balance sheet. Financial liabilities are trade creditors and accruals lor grants payable a5 shown in the note on current liabilities. All financial instruments are payable or receivable within one year and are therefore measured at the undiscounted amount of the cash or consideration expected to be paid or received. There are no financial instruments measured at fair value through income and expenditure. Investrnent income in the statement of financial activities shows the interest receivable for financial a55ets not measured at fair value through income and expenditure. There is no expense related to financial liabilities. Registeied charity number.. 1156858 Pa8e 116
l. Penslons The Church participates in a number of defined contribution arrangements and in addition was until November 2024 a participating employer in a multi-employer defined benefit scheme which is also accounted for as a defined contribution scheme because it was not possible to identify the Church's share of the underlying assets and liabilities. Contributions payable are charged to the statement of financial activities in the period to which they relate. j. Funds Unrestricted funds consist of the general fund which represent funds that are not subject to any restriction5 regarding their use and are available for the general purposes of the Church and designated funds which are funds that have been designated by the trustees for a particular purpose. For certain funds the trustee5 reflect the non-binding wishes of donors in deciding the specific purposes. Legacies and in memoriam gifts made without restriction on their use are applied to a separate fund when designated to be used for one-off expenditure at the trustees, discretion. Restrirted funds are held on specific trusts under charity law. The specific trusts may be declared by the donor when making the gift or may result from an appeal for funds. The specific trusts establish the purpose for which a charity can lawfully use the restricted funds. The endowment fund is the value of the buildings as explained above. Registered charity number: 1156858 Page 117
2 Donations and Le8acie5 Unrestrlrted Restricted Totsl 2025 Total 2024 Offering5 and similar donations Gift Aid tax refunds Donations reIVed for meals. outings and similar 244,140 48,312 21,316 3,416 265,456 51.728 248,059 48,216 102 250 352 480 Grants receNed 1,862 70,280 364,696 1,862 70,280 389,678 350 Bequests and legacies 26,540 323,645 24,982 3 Income from Charitable Actlvitles Unrestricted Restricted Total 2025 Total 2024 Income from use of church premises Sale of bible study notes and Christian magazines Subscriptions and general sales Profit on sale of fixed assets Other incorne 3.570 3,570 3,620 54 10.184 8.102 410 2,144 14,226 8102 410 2,144 14,226 2,295 16,153 4 Investment Income Unrestrirted Restrirted Totsl 2025 Total 2024 Income rental from 10 Rodney Road Bank interest 19,8(X) 7,593 19,8CNJ 7,593 27,393 18,450 6,890 27.393 25.340 5 Expendlture on Chaiitable Actlvltles Notes Unrestrirted Restricted Total 2025 Total 2024 Ministry Mission 155,543 72,192 122,723 350,458 155,543 96.258 122.723 374.524 143.599 90,521 88,480 322,600 24,066 Establishment 24,066 Ministry Costs include a finance c05t of £nil12024.. £451 relating to the pen5ioTh liability (note 191. Registered charity number: 1156858 Page 118
6 Total Expendlture Artlvlties undertaken directly Grant funding of activities Support costs Total 2025 Total 2024 Notes Mlnistry Mission 155.543 21,994 82,871 260,408 155,543 96,258 122,723 374,524 143,599 90,521 88,480 322,600 74,197 67 Establishment 39,852 39,919 74,197 7 Grant Fundlng (Over £1,000 Specified) Unrestrlrted Restrirted Total 2025 Total 2024 Baptist Home Mi55ion BMS World Mission IGeneral, Medical. Birthday & Relief Funds) Christmas Offerin8 for Family Space & YMCA 1,300 1,378 1,300 1,378 1,300 1,363 1,423 1,423 1.285 Crosslinks- Andy Symons HaeSt Offering IFES-5 Scorsone 12,726 12,726 22,576 8,820 1,200 12,600 10,080 2,094 74.197 12,000 19,195 8.400 1,200 12,1YJO 9,600 2,369 68,712 22,576 8,820 1,200 12,600 10,080 2,094 50,198 3C Church- CAP OM- Emily & Riza Pepa - Kosovo Wycliffe UK- T & N Kempton Grants payable- £l.000 and less 23,999 8 Support Costs Vnrestricted Restricted Total 2025 Total 2024 Adrninistrative staff Other administrative cost5 27,319 10.304 2.229 39.852 27.319 10,371 2,229 39.919 11.758 10,499 40 22,297 67 Govemance costs 67 Support costs are considered to be fully attributable to Establlshment. Registered charity number.. 1156858 Page 119
9 Staff Costs and Trustees, Expenses 2025 2024 Salaries 154,111 2,118 13,722 132,079 1,417 12,012 11,0351 14,359 158,832 Social security Costs Pension costs Decrease in pension liability Other costs 13,859 183,810 The average number of employees during the yea¥ was 512024.. 4.251 No ernployee received emoluments in excess of £60.000 dufing the yÈar12024.' none). A trustee. the Associate Pastor, who is under a contract for service. has entered into a leaseback agreement with the Church on his house Three trustees are employed by the Chufch and their remuneratton for 2025 was.. Alwyn Barry.. Salary £39.673. Pension £4.741 Tim M8rtin.. Salary £31,393, Pensiot7 £3,913 Andy Turnbull.. Salary £35,160- Pension £3,516 and £4,287 of expenses were incurred in the year for travel. hospitality, resource5 and conference costs. Geraldine Luffrum, the wife of a trustee during the year, is employed by the Church and is considered to be a related party under the Charities SORP FRS102. In 2025 salary paid was £11,5(X) with £575 pension contributions. Registered charity number.. 1156858 Page 120
10 Tangible Flxed Assets Computers Church premlses Furnlture & fittings Manse equipment Total Cost At l January 2025 Additions/5ale of assets Disposals At 31 December 2025 59,100 3,688 71,300 25,470 11.6941 95,076 118.270 3.723 133,8771 88,116 252,358 29,193 135,5711 245,980 59,100 3,688 Depreclatlon At l January 2025 Disposals Charge for the yeai At 31 Decernber 2025 52,0(NJ 70,048 11,6941 1,819 70,173 73,970 133,8771 17,147 57,240 196,018 35,571 18,966 179,413 52,0(X) Net Book Value At l January 2025 At 310ecember 2025 7,100 7.1(h) 3.688 1.252 24.903 44.300 30A76 56,340 66,567 11 Investment Property {10 Rodney Road) At 31 December 2024 Loss from fair value adjustment At 31 December 2025 475,000 10 Rodney Road is classed as an investment property bècause it is being used for rental income. It was valued in 2024 by an estate agent, and the value has been updated by the trustees for the current year end. 12 Debtors 2025 2024 HM Revenue & Custom5 (Gift Aid tax reclaim) Prepayments and accrued income 4,108 11.669 15,777 7,472 12,903 20,375 Registered charity number: 1156858 Page 121
13 Cash in hand and at Bank 2025 2024 Cash 146 35,148 138,964 174,258 143 11,034 118,157 129,334 Current atcounts Savings accounts 14 Credltors: Amounts Falling Due Within One Year 2025 2024 Accruals and deferned income 2,484 4,056 6,540 2,548 4,142 6,690 Trade creditors 15 Unrestrirted Funds Net Income/ Transfers {expenditure) tollfroml At 31.12.25 At 1.1.2025 Income Expenditure General fund 185,476 302,777 1262,1541 40,623 125,2711 2C(),828 Desl8natèd funds: Fellowship fund Legacy fund Organisations, fund Partnership fund Tangible fixed assets 1,030 53,836 1,830 1,623 72,161 4.556 2S,198 11,8731 115,7321 14.9871 146.7461 118,9661 1350,4581 12501 56,429 14311 121,5481 118,9661 55,857 780 12S.4701 84,795 1,399 21,548 29,193 45.552 287,726 55,779 343,583 406,315 General Fund- is used for the day-to-day income and expenditure of the church. Fellowship Fund is available in the case of need within the fellowship on a confidential basts by our Pastors. Leycy Fund- contains le8acie5 earmarked for specific projerts. At year end these included the Rodney Hall wall project, the forecourt replècement and an upgrade to the elettrical supply. with expenditure anticipated over the next two years. Or(anlsatlon< Fund- comprisè th@ aet.ounts of Church or8anisations set up to Perform specific activlties. Partnership Fund- supporrs our Gospel Partners, their mission agencies and sirnilar rnission artiviiies. Tanglble Fixed Assets- the net book value of expenditu fixed assets other than arising from endowment funds. Registered charity number.. 1156858 Page 122
16 Restrlrted Funds Net incomel lexpendlture} At 1.1.2025 Income Expendlture At 31.12.25 Appeals fvnd 845 24,982 24,982 124,0661 124.0661 916 1,761 1,761 845 916 Appeals Fund- is for special offerings taken during the year. for example at Christfftas and Harvest. 17 Endowment Funds At 1.1.2025 Galns Losses Al 31.12.25 Ch¥rch and manse buildings 485,788 19,5001 476.288 See Nott Ig Fixed Assets for background detail5. 18 Analysls of Net Assets Flxed Current Current assets assets Ilabilities Total Unrestricted funds Is 55,779 294,344 1,761 16,5401 343,583 1,761 476,288 821,632 Restricted funds 16 Endowment funds 17 476,288 532,067 296,105 16,5401 19 Penslons The Church operates a number ol defined ¢ontributioTh pension scheme arrangements. Contributions payable to the schemes are charged to the statement of financial activitie5 in the period to which they relate. The Church was also a participatin8 employer tn a defined benefit pension plan with¢n the 8aptist Pension Scheme which is a separate legal entity and administered by the Pension Trustee (Baptist Pension Trust Limited). The defined benefit plan closed to further accrual on 31 December 2011 and was replaced by a defined contribution plan within the Baptist Pension Scheme. As a result of the defic*t in the defined benefits plan participating employers were obliged to pay deficiency contributions. These were reduced to a nominal £1 per month in July 2022. In November 2024 Baptist Pensions announced a buy-out of the defined benelits scheme with Just Retirement Limited had been completed and therefore the remaining pension liability was eliminated and the Church no longer had any further responsibility to the scheme. Penslon contributions reco8nSsed as an expense in 2025 were £13.72212024.. £12.0121. End of the Acwunts Re8lStered charity number: 1156858 Page 123