2023-12-31-accounts - Yardley Baptist Church

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Registered Charity no. 1158755

Yardley Baptist Church

Trustees Annual Report and Accounts

Year Ended 31st December 2023

Wyatt & Co

Chartered accountants 125 Main Street, Garforth Leeds LS25 1AF

Yardley Baptist Church

Year Ended 31st December 2023

Contents Page

	Page
Legal and Administrative Information	1
Trustee's Annual Report	2
Independent Examiners Report	5
Statement of Financial Activities	6
Statement of Financial Position	7
Notes to the Financial Statements	8

Yardley Baptist Church

Year Ended 31st December 2023

Legal and Administrative Information

Reference

The Charity is called “Yardley Baptist Church”. The Church is registered with the Charity Commission for England and Wales and was registered on the 2nd October 2014.

Registered Charity Number 1158755 Registered Office Rowlands Road Birmingham B26 1AT Website https://www.yardleybaptist.co.uk/ Trustees Rev Alison Taylor Appointed 09/01/23 Heather Kelcey Appointed 15/03/23 Hannes Laurer Appointed 15/03/23 Stephen Aylin Alison Aylin Isobel Easton Danny Sinnassamy Laura Williams Emily Hanson Resigned April 23 Jo Green Resigned April 23 Primary Bankers Lloyds Bank Plc Ariel House 2138 Coventy Road Sheldon B26 3JW Independent Examiner: Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF

Yardley Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

Public Benefit Statement

In setting our objectives and planning our activities our trustees have given consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith through the provision of worship and teaching services and the relief of sickness, financial hardship and promoting good health. This has been achieved by the provision of funds, and services.

We are a church that seeks to be rooted in the local community, wanting to see everyone become all that they can be, though encountering Christ and His Kingdom. Our aim is to be 'A community deeply rooted in authentic Christian discipleship, branching out to embody and share God's radical love for the whole world.'

We seek to do this through the vision of Jesus in Acts 1:7-8 that gives his mandate to his followers to; Trust the Father, Receive the Spirit and Tell the story of the Son.

We live this out through our 5 values:

We are a Baptist Church that is part of the Baptist Union of Great Britain in the Heart of England Baptist Association.
We are affiliated to the FreshStreams Leaders network.
The church is also affiliated with the Evangelical Alliance and supports many Charitable organisations such as Tearfund, BMS World Mission, Christian Aid, and Birmingham City Mission amongst others.
We seek to work closely with other local churches of all traditions in the desire to see the community positively impacted.

Objectives and Principal Activities

The Charity was constituted in 2009 and registered as a separate Charity on 2 October 2014. The principal purpose of the Charity is the advancement of the Christian faith according to the principles of the Baptist Denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and other parts of the world.

Structure, governance and management

Our Trustees are familiar with the practical work of the Charity and are active Church members. Trustees are kept abreast of ongoing matters through their involvement with the Church’s day to day activities. The Board meet formally fortnightly every 2nd and 4th Thursday each month to agree and review the Church’s strategy and ensure all Church matters are administered and dealt with appropriately.

Yardley Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

Financial Review

The Charity’s statement of receipts and payments shows a net surplus of £30,237.

The Charity’s receipts for the year equated to £131,944 and payments were £101,707. We continue to be very grateful to all who generously donate to our Church. The weekly offertory ensures our Church can continue to achieve its very important aims and objectives.

The fund balances at the year end were as follows:

	2023	2022
	£	£
Unrestricted Funds	103,467	72,243
Restricted Funds	6,806	7,792
	`──────────`	`──────────`
Total	110,273	80,035

Going Concern

The Trustees are satisfied that the Charity is a going concern and do not know of any uncertainties regarding the organisations ability to continue operating as a going concern.

Reserves Policy

The Church held £73,713 in unrestricted and undesignated funds at the end of December 2023. It is the trustees' intention to hold unrestricted reserves of between 3 and 6 months of operating costs. Where unrestricted funds are held over this amount the trustees will review the financial position of the charity and evaluate where surplus funds are best spent and invested.

Yardley Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

Achievement and Performance

Our charity's activities during the year included the following:

Boys Brigade and Girls Association
Welcome centre – lunch for local elderly people
SuperSign – baby and parent / carer learning activity.
Room hire for community use
Church use for conferences and seminars
Kids’ Church - Sunday school for children
Fundraising for various charities and causes
Collecting food for Foodbank
Contributing to Christmas toy parcels for disadvantaged children
Renew – a wellbeing space for those that need support.
Supporting various organisations via monthly communion offerings
Continuous contact and support offered to churchgoers and members via Sunday services and ‘encounter group’ meetings
Ongoing regular financial support of three chosen charities
Providing employment
Building church community by hosting meals, film reels and quizzes
Supporting community by providing venue for funerals
Supporting climate action, by recycling and disposing of many items used on site in an eco-friendly manner
Providing a course for new Christians to enable them seeking and delving into their faith more deeply

Approved by the Trustees

Isobel Easton

Name of Trustee:

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Signed on Behalf of the Trustees:

Date of Approval:

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28/10/2024
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Yardley Baptist Church

Year Ended 31st December 2023

Independent Examiners Report

I report to the trustees on my examination of the financial statements of Yardley Baptist Church ('the charity') for the year ended 31 December 2023.

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 2011 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.

Independent examiner's statement

I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
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 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.

Nigel Wyatt BSC FCA Independent Examiner 125 Main Street Garforth Leeds LS25 1AF

Date: 28/10/2024

Yardley Baptist Church

Year Ended 31st December 2023

Statement of Receipts and Payments

			2023		2022
		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
	Note	£	£	£	£
Receipts
Donations and legacies		113,721	6,672	120,393	108,132
Charitable activities		8,469	2,049	10,518	6,125
Investment income		633	-	633	3
Other income		400	-	400	-
		`──────────`	`──────────`	`──────────`	`──────────`
Total Receipts	2	123,223	8,721	131,944	114,260
		`──────────`	`──────────`	`──────────`	`──────────`
Payments
Payments on charitable activities	3	92,475	9,232	101,707	103,641
		`──────────`	`──────────`	`──────────`	`──────────`
Total Payments		92,475	9,232	101,707	103,641
		`──────────`	`──────────`	`──────────`	`──────────`
		`──────────`	`──────────`	`──────────`	`──────────`
Net Receipts / (Payments)		30,748	(511)	30,237	10,619
		`──────────`	`──────────`	`──────────`	`──────────`
Net Movement in Funds (Cash)
Total funds (cash) brought forward	7	72,243	7,792	80,035	69,416
Transfers	7	476	(476)	-	-
		`──────────`	`──────────`	`──────────`	`──────────`
Total Funds (Cash) Carried Forward	7	103,467	6,806	110,273	80,035
		`──────────`	`──────────`	`──────────`	`──────────`
Funds Represented by
General (unrestricted)		73,713	-	73,713	46,453
Designated (unrestricted)		29,754	-	29,754	25,790
Restricted funds		-	6,806	6,806	7,792
		`──────────`	`──────────`	`──────────`	`──────────`
		103,467 `──────────`	6,806 `──────────`	110,273 `──────────`	80,035 `──────────`

Approved by the Trustees

Isobel Easton

Name of Trustee:

───────────────────────────────────────────────────

Signed on behalf of the Trustees:

───────────────────────────────────────────────────

28/10/2024

Date of approval:

───────────────────────────────────────────────────

Yardley Baptist Church

Year Ended 31st December 2023

Statement of Assets and Liabilities

As the accounts are prepared on a cash basis and thus there is no formal Balance Sheet or Statement of Financial Position. A statement of assets and liabilities is outlined giving an indication of the charity's assets instead at the year end. The fixed assets are disclosed in this statement according to the value held in the churches insurance document.

	2023	2022
	£	£
Fixed assets
Tangible Fixed Assets	96,843	96,843
	`──────────`	`──────────`
	96,843	96,843
Current assets
Cash at Bank and Petty Cash	110,273	80,035
	`──────────`	`──────────`
	110,273	80,035

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

Basis of Preparation

The financial statements have been prepared on a cash basis when receipts and payments take place through the bank account or petty cash.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Fund Accounting

Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often know as a ‘special offering’ in the church.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources and the money has been paid.

Resources expended

Expenditure is recognised on a cash basis when payments have been made through the bank account or by petty cash.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Operating Leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

2 Analysis of Receipts

Analysis of Receipts
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Donations and Legacies
Donations and offerings	110,845	4,945	115,790
Gift aid	2,571	670	3,241
Fellowship fund	-	1,057	1,057
Bible notes	305	-	305
Make lunch	-	-	-
	`──────────`	`──────────`	`──────────`
	113,721	6,672	120,393
Charitable Activities
Boys brigade	-	266	266
Boys b' and girls a' combined	-	1,783	1,783
Other charitable activities	1,149	-	1,149
Welcome centre	7,320	-	7,320
	`──────────`	`──────────`	`──────────`
	8,469	2,049	10,518
Investment Receipts
Interest	633	-	633
	`──────────`	`──────────`	`──────────`
	633	-	633
Other Income
Room hire	400	-	400
	`──────────`	`──────────`	`──────────`
	400	-	400
	`──────────`	`──────────`	`──────────`
Total Receipts	123,223	8,721	131,944
	`──────────`	`──────────`	`──────────`

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

2[Analysis of Receipts ] [(Continued)]

*Analysis of Receipts(Continued)***
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Donations and Legacies
Donations and offerings	69,299	7,302	76,601
Gift aid	27,619	2,198	29,817
Fellowship fund	-	1,214	1,214
Bible notes	347	-	347
Make lunch	-	153	153
	`──────────`	`──────────`	`──────────`
	97,265	10,867	108,132
Charitable Activities
Boys brigade	-	1,021	1,021
Boys b' and girls a' combined	-	-	-
Other charitable activities	483	-	483
Welcome centre	4,621	-	4,621
	`──────────`	`──────────`	`──────────`
	5,104	1,021	6,125
Investment Receipts
Interest	3	-	3
	`──────────`	`──────────`	`──────────`
	3	-	3
Other Income
Room hire	-	-	-
	`──────────`	`──────────`	`──────────`
	-	-	-
	`──────────`	`──────────`	`──────────`
Total Receipts	102,372	11,888	114,260
	`──────────`	`──────────`	`──────────`

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

3 Payments on Charitable Activities

Payments on Charitable Activities
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Bank charges	396	-	396
Bible notes	260	-	260
Church costs	36,664	-	36,664
Fellowship fund	-	-	-
Insurance	3,077	9	3,086
Make Lunch	-	20	20
Building refurbishment and maintenance	456	-	456
Ministerial costs	36,267	-	36,267
Missionary grants	11,558	7,135	18,693
	`──────────`	`──────────`	`──────────`
	88,678	7,164	95,842
Other Activities
Boys brigade	-	-	-
Boys b' and girls a' combined	-	2,068	2,068
Welcome centre	3,797	-	3,797
	`──────────`	`──────────`	`──────────`
	3,797	2,068	5,865
	`──────────`	`──────────`	`──────────`
	92,475	9,232	101,707
	`──────────`	`──────────`	`──────────`

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

3[Payments on Charitable Activities ] [(Continued)]

*Payments on Charitable Activities(Continued)***
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Bank charges	270	-	270
Bible notes	307	-	307
Church costs	38,598	11,805	50,403
Fellowship fund	-	2,620	2,620
Insurance	3,040	-	3,040
Make Lunch	-	587	587
Building refurbishment and maintenance	15,957	-	15,957
Ministerial costs	6,658	-	6,658
Missionary grants	14,197	5,818	20,015
	`──────────`	`──────────`	`──────────`
	79,027	20,830	99,857
Other Activities
Boys brigade	-	873	873
Boys b' and girls a' combined	-	-	-
Welcome centre	2,911	-	2,911
	`──────────`	`──────────`	`──────────`
	2,911	873	3,784
	`──────────`	`──────────`	`──────────`
	81,938	21,703	103,641
	`──────────`	`──────────`	`──────────`

4 Volunteers

The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustees' report for further detail about volunteer contributions in the organisation.

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

5 Trustee Remuneration and Expenses

The Charity does not have an ultimate controlling party as it is controlled jointly by the Board of Trustees.

No Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the Charity during the year.

During the year ended 31 December 2023 Rev Alison Taylor received remuneration of £22,045, pension contributions of £6,139 and received the provision of residential accommodation. This was received for Alison's role as minister and was not for his role as trustee.

Expenses for Trustees undertaking their duties during the year ended 31 December 2023 totalled £5,235 (2022: £2,468). All expenditure was incurred for the day to day running of the church.

6 Related Party Transactions

There were no related party transactions during the year.

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

7 Analysis of Charitable Funds

Unrestricted Funds

Unrestricted Funds
	1 Jan 2023	Income	Expenditure	Transfers	31 Dec 2023
	£	£	£	£	£
Unrestricted
General	46,453	115,462	(88,678)	476	73,713
Designated
HEBA investments (perviously Building Improvements)	21,884	441	-	-	22,325
Welcome centre café	3,906	7,320	(3,797)	-	7,429
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Unrestricted	72,243	123,223	(92,475)	476	103,467
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
	£	£	£	£	£
Fellowship funds	1,103	1,057	-	-	2,160
LED screen	9	-	(9)	-	-
Missionary work	4,081	5,615	(7,135)	-	2,561
Make lunch	1,201	-	(20)	-	1,181
Boys brigade	383	266	-	(649)	-
Girls brigade	490	-	-	(490)	-
Toddlers group	526	-	-	(526)	-
Boys brigade and girls
association	-	1,783	(2,068)	1,189	904
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Restricted	7,792	8,721	(9,232)	(476)	6,806
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds and Cash	80,035	131,944	(101,707)	-	110,273
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

Analysis of Charitable Funds (continued)

Unrestricted Funds

Unrestricted Funds
	1 Jan 2022	Income	Expenditure	Transfers	31 Dec 2022
	£	£	£	£	£
Unrestricted
General (unrestricted)	38,162	97,748	(79,027)	(10,430)	46,454
Designated
HEBA investments (perviously Building Improvements)	21,881	3	-	-	21,884
Welcome centre café	2,196	4,621	(2,911)	-	3,906
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Unrestricted	62,239	102,372	(81,938)	(10,430)	72,244
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Fellowship funds	2,509	1,214	(2,620)	-	1,103
LED screen	-	1,384	(11,805)	10,430	9
Missionary work	1,886	8,013	(5,818)	-	4,081
Make lunch	1,532	256	(587)	-	1,201
Boys brigade	235	1,021	(873)	-	383
Girls brigade	490	-	-	-	490
Toddlers group	526	-	-	-	526
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Restricted	7,177	11,887	(21,704)	10,430	7,791
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds and Cash	69,416	114,258	(103,643)	-	80,035
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Yardley Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

Fund Descriptions

Designated Funds

HEBA investments (perviously Money set aside for as investments Building Improvements)

Welcome centre café

For the purchase of food and utensils to provide hot meals for the elderly. The funds income is generated through contributions towards the food, and may be designated for other purposes with the charity

Restricted Funds

Fellowship fund

Financial gift for individuals within our church community who find themselves in financial difficulty (members and non members included).

LED screen Funds raised to purchase a new LED screen for the church Missionary work Specifically for charities homeland and overseas, helping to finance missionary work. Make lunch Provision of weekly free lunches for children during school holidays.

Boys & girls brigade Christian youth organisations which support children and young people to reach their potential by providing opportunities and experiences. Toddlers group For the provision of refreshments, craft and teaching materials for young children. Boys brigade and girls Christian youth organisations which support children and young association people to reach their potential by providing opportunities and experiences. This fund income is through subscription fees and contributions towards activities.

Transfers between funds

A transfer was made from the boys & girls brigade funds to combine the activities as now operating as one assication.

A transfer was made from the Toddler group, donated to the general funds of the church, when the toddler group stopped operating.