2025-03-31-accounts

REGWERED COMPANY NUMBER: U9388657 (England Wales) REGISTERED CHARITY NUMBEIL. 1160363 Report of the Tn￿tee8 and Flnanelxl Ststements for tht Year Ended 31 Marth 2025 ror THORNBURY BAPTIST CHURCH

THOIiNBURY BAPTIST CHURCH ConteDts of the Flnantlal Ststements FOR THF. YEAR ENDED 31 MARCH 2025 Pag¢ Report of the Trustees Report of the Independent Audlto Statement of Flnanclal A¢dvltles 12 BAlante Sheet 13 Cash Flow Statement 14 Notss to the Cash Flow Statement 15 Notes to the Flnancl#l Statemtnts 16 to 28

THORNBURY BAPTIST CHURCH Report of the Trnstees FOR THE YEAR ENDED 31 MARCH 2025 Tbe Trust¢cs who are also directors of the charity for thc PUTPOSCS of the Cornpanies Act 2006, present their report with the financMI statements of the cbaLIty for the y￿r ended 31 March 2025. The TtusLees bav¢ adopted the provisions of Accounting and Rcwrting by Chantses.. Statem￿t of Rec￿)mended Practice atp]i¢abEe to charitics preparing their accounts in accordancc with the Financial Reporting Stsndard ap¥Jicablc in the UK and Republtc of Ireland (FRS 102) (¢ff¢ctive l January 2019). OBJF.￿1VEs AND AcfIvITtEs Objectives and aims The objcctive of the church is to proclaim the gospel of Jesus Cbrist in the local area a￿1 throughout the world. This is summed up in the ChU￿h mission staternenl ￿1¢h Ls ds follows: ollowing the way of Jesus. by loving God, one another and the worfd., SlgnlflcAnt &¢dvlde$ During the past yvar the church has sought to cipress that ObJ￿tive by se&ing to he]p. bkss and beneftt our locaL national and intema lional community links. Some of Ihe i'ery many activitles which have been undertaken are set out in the "charitable activities" scction below. and it is consid¢rcd that thcy arc all for ihc public bcncfit. Publlc beneflt The Trustees have referred lo thc guidance contained in the Cbariiy C(MnmissAon's general guidanc¢ on public benefit when reviewing our aims and objectives and in planning our current and future activities. Mlnlstry Duiing tbe year the Chll￿ h's activities were made p)ssible by the many m¢3nbers of thc Thornbury Baptist Chll￿h famity who used their timc and wfts to serve the vision and lif¢ of thc LL)mrnunity. The church TNstees aiid thc cldcr8 would like lo take this opportunity to say hOw￿81CrUI we are to be in a place wheff so many people have been ￿fIed to .qerve in 80 many different ways. Page I

THORNBi]RY BAPTIST CHURCH Report of the Tru8tse$ FOR THE YEAR EIYDED 31 MARC][ 2025 ACHIEVEMENTS AND PERFORMANCE Charit4ble activities I￿111]g the lasi year the Churth has beeD activety developing its local community. naiional and int¢mational llliks. Worshipplng Cungregatlon The church holds weckly mcctin&s for ChTiStian worship on Sunday moTnings all of which are open to the community. Around 250 - 300 people of all ages attend these meetings on an average Sunday. The church has grown steadily in this period and continues to offer two separate services each Sunday morning. The service is live streamAI and the recording posted via our website, FaCeb￿k and YouTube chann¢L enab]ing those unable lo aitend the seTrice to lake prt, with the YouTube channel alone logging in ihe ￿gI0￿ of 100 - 250 views each weck. Sunday discipleship groups for children and youth of Cbiistian farnili We aim to be a wckorningchurch forthose interested in fjnding out more about faiih. One opt]on forthose who want to know more is lo join one of regularty held 'Alpha' courses wbich are a good Introduction to the Chrkstian faith. Several people have attended such a COUTEC over the past year. About 600/0 of the church meet in small ￿llp$ throughout the week. Through the church's Care Fund. we have been ablc to support indIv￿lla￿ and families who are in urgent need. A small but flourishing Ukrainian language church meets on d SuTJday afterno￿. serving the needs of our Ukrainian ex-pat congregation under the Icad¢rship of a Ukrdiniall Baptist pastor. Lo¢AI Communlty Local community activities incknde the local Food Bank (An partnct5hip with other local chu￿beS). pmvision of debt advice 5UPPOrtMnd cuunsellin% a thrivin8 softplay Lxfe three mornin88 per wcck forparentslcaffrs and theirbabies and tnddlers; and the Two by Two, toddler groups, which mee( on the oiher two mornings a week. The weekly seniot3' h￿Ch club and m￿1hty seniors, Afternoon Tea events are very popuiar, oldcr folks from the local community and the church. Youth provision inckndes a wcekty open access youth clubs of age 11-14 and 15-18. The church premises are available and have been used by other community groups throughout the year. Re%loDal gnd nxtlonal Thombury Bairtisl c.hurch have links with a number of mi￿10￿ partners, offcritig support vaIiotssly throu0] prayer, practical involvement, or fman¢ial assisthnce. Localty we have continued to develop suth links with Bck)vcd in BTiStol. supporting sex W0￿cTr in leaving th&$ work: the Willow Tree Centre, supporting those who have suffered baby-k)&s' the Julian Trus4 providing food and beds for horneless people. During the year we began to support the WO￿ of the Br￿01 based charity Siyiy-one, ￿leb supports people in prison and their release. Oasis, onr assisted living homc. continues to provide a supportive home for homeless men. NatIO￿llY we have conlinuol our links with a coupk w0￿m80n 8 dcptivcd estate in Hull and with LZ7 & music *ased youth outreach bascd iti Manchester. Page 2

THORNBifRY BAPTIST CHiIRCH Report of the Trustees FOR THE YEAR EI4DED 31 MARCH 2025 OverseAs r international links include. support for the tsxinin g of smdents through the YWAM Malaysia organisation. an outredch lo kical children and the Roma community in Bulgaria. support lor a local cburch's outreach amongst poor communities in Romania: the provision of training and literdture for ELAM, W0￿7￿g with Ir4n4n po)pl¢,' the support of a 14ison Outreach ministy iti Eastern Eumpe. througb Trdnsfom) EuADpe Network. the provA&ion of education and social progrnmmes in Africa and India, throu￿ CRETr, the suppon of Christian outreach to Jewish people. through Jews for Jesus. the SU￿ort of Chrigiian satelliie broadL7Stin& through SAT-7" and social progtanmTres amongst somc of thc poorcst communrti¢s ID Indja, through the Bndge Trnst. All of our mission activity 15 overseen by our Mission Focus Group who provide a fiT5t line of support and accountability. FINANCIAL REVIEW Financial position The financial positton of the chU￿h is satisfactory. During the year under review, the total income was £1,089,645 (2024 - £1,131.880) of which £664.444 (2024 £712.648) was received SP￿ if1￿llY for the building project (Ind treated as a restricted fund (Bullding Fund). There was net incomc, after transfe￿, of £5202 (2024 - net expenditu £7,734) on unre5tri¢ted funds and Det inc(mc of £662.890 (2024 _ £710.429) on restricred funds during the year of which £664.445 (2024 - £712,648) ttkted lo the Bui]ding Fund. Assets The freehold ¢Jf the sile on vthich the Church buildin&5 arc situatol iq held within a small unregistered and exempt CIHriry. inLludes the siie of the original Chapel building whKb Wds gifted to thc then chU￿b by a convcyance datcd 27 JunL 1789. This frnuhold s￿¢ aLso inLludcs addrtional land purchascd many years ago (before this coM￿nY wa5 inco￿Ordt¢d) on whlch bad bcen constwcted the modern building This Un￿giste1￿d charity ("17A9 Chatity.) has, until recently, had a group of indii.'idual Tru5tces. Ill order to rcgularise the position, in earty 2025. the th￿ Trustees reswed a￿1 this Church Charity Company was appointol the Solc Trnstee of the 1789 Charity. As 8 result. because the fttehold site is under the effective Control of the Compny. the expenditure llicutred on Ihc buildings (exten8Av¢ modemisation atxl an addol extettsx)n) bas been ￿pi¥ll$¢d (see note 13 on ￿Se 21 of the atts¢h Accounts). It is pi'oposed lo depreciate the costs ffincurred oi'er the next 40 years, in line with the recently updated f￿ed ass¢t and dcpreciation policy. with iransf¢rs from th¢ Restrict¢d Building Fund. Reserves policy The TNstecs llim to Maintain free reserves Tn unrr5triclcd funds at a level vthich equates to approximatety three months of unrestricted charitable expellditu￿ b¢ing£89.589 (2024 - £68228). At the year end. there were free resfflves of £183.163 (?024 £177.413). dcsignatal reserves of £26.156 (2024 £26,705) and rcstrictcd funds of £1,494,931 (2024 - £832,040). The Trnslees have considered the ￿Trellt policy of holding just 3 rn￿thS of nomial expenditure and believe this is an awropriate level. The decision to employ another full4ime pastor iq lik-ety to lead to the actha I free reserves reducing in the shurtlinedium tenn. The Tmslees will continue to monitor the levcl of ftee reserves going fonvard. Golng cDncern The Ttustccs consider that thc charity will continuc as a goin g conccm for a pcriod of at kast 12 months from the date on which these fmancial statements are appToved as the charily holds sufficient Teserves. The Trustees Iberefore consider it appropriate to adin)t the going concern basis of preparntion of the acc(xLnts, as d¢tail¢d in not¢ I to the fmancial s(atcm¢nt& Page 3

THORNBtiRY BAPTIST CHifRCH Report of the Trustees FOR THE YEAR ENDED 31 fvL4RCH 2025 FUTURE PLANS r church aims are to continue to be used by God to show His love to our community where we live and share the good news of His gospel in all we do. We expect thal most ofihe work mentioned alJ)ve will continue alld develop. In addition, in the comingperiod wc anti¢￿a[c. The completion of the repir and ttdevelopmrnt WOTk on the ding. including thc landscaping of thc garden and sidc entrnnce. Expandll)g the Leadetship t¢am the addition of a fllll_titnc Pastor. Dcve]opin8 a wider group ofyoullger Icedcrs. STRucfuRE. GOVERNANCE AI¥D MANAGEME Governlng doeument Tlie charity is controlled by its governing document. lls Articles of Association. and cfflstitutes a limited company. ]imrted by guarantee. as dctmed by the Companies Act 2006. Recruitment and *ppolntJnent of new trustees The charity will look foi. new tNslees as Arquired. Such pe￿)￿s will need io be eligible to serve in accordance with cht Articlcs of Association. Page4

THORNBURY BAPTIST CHURCH Report of the Trustses FOR THE YEAR EM)ED 31 MARCH 2025 STRUCTURE, GOVER￿'ANCE AND MANAGEME Organisadonal structure Le&dL¥rshlp The spirtiual oversight of the church, and the week40-week maDa.￿Ment of the church ts provided by a wup of elders. affirmed by the cong￿g￿Li0￿. The elde[5 med weekly, and liaise tegu]arly with the Twstees, an eider always being present at a Trustees meeting to establish Glcar communication bctwcen the two ￿ups. The elder5 a]80 meet monthty vrith the wider church Ninistry Team Lcadus, group as a wider Icadcr5h4) team for the Sharing and d&scussion of ideas about the development of the church's V￿10￿. Those who served as elders in the year under review we￿. Paul Ferguson (Team Leadu- employed) Sally Heath David Ling Peter Hunter Cliri8 Beddoes Rauhael Beddoes Staff Tedm Throughout this period tbe church were a]so served by a paid 51aff team as follows: Team Lcader {FIT): Teschitig Pastor (PIT). Yuuth Team Leader (prr); Youth W()rker (prr untll Scptember2023) Youth Wurkerlyuung Adults W0￿er (prr from Octobcr 2023): Pioneer Families Worker (Fm. Children's Worker (prr) . (lasis House Manager(PID Church Centre Mallager(Frr) Events Manager (PIT). Carctakcr {P/T)' Cleaner Iprr). The staff team ov¢￿et teams of volunlecrs without wthom many of the churnh's actAVities could not n￿. Famlly Forum Thc Famity Fotum is a mectingof membets of the church communiry. At.8uch rneetin￿. th¢ mcmbers together seek to undersland God's plan5 and pu￿OseS for thi8 chu￿h. We aLso review the aclivities of the church oveT the lasi quarter including mission and youth wodt and arc wen infornjation on ihe fmances of the church. The decision to appoint pastors and elders is aL80 made by the family foNm. Related pArdes Noiie of thc Trustecs receive ￿munc￿tion 01 otherbcnefrt for their wodt wtth the ¢hanty. Rlsk management The Trusiees have a duty to identity a￿1 review the risks to NvhKh the charity i8 exposed aad to ￿sllre appropriate controls are in place to provKie r¢asonable assurdncc against fraud and error. REFERF.NCF. AVD AD￿NI￿RATIV￿ TJETAIts Reglstered Compgny number 09388657 (England and Wales) Pagc 5

THORNBURY BAPTIST CHURCH Report of the Trustees FOR THE YEAR ENDF,D 31 MARCII 2025 Regfistered Charity number 1160363 Registered ufflce Thombury Baptist Church Centre Gillin&8tool Thombury Bristol BS35 2EG Trustees D Tllbb T P Wicks A E r)uk"es D J Baker-Falkner P D Jollcy lappoinled 30.10.25) W Pele￿ (&ppoitlLed 30.10 ?5) The ttuslecs are also dWectO￿ for the purpose6 of Company law. Audltors Gravita Audit Western Limited Chartered Accounianls and Statutory Audrtots Bath Ilous¢ 6 - X Bath Street Bristol BSI 6HL Bankers National W¢stmin,sterPank PIC 250 BLthop8gaie London EC2M 4AA Web address v4ww.thDmburybapt?Stchurch.o￿uk Page 6

THORNBURY BAPTIST CHURCH Report of the Trnstt¢S FOR THE YEAR ENDED 31 fvL4RCH 2025 ST ATEMEKf OF TRUSTEES, RESPONSIBILftIES The Ttustees (who are a]so directors of Thombury Bai*￿t Church forthe purpos¢8 of comtHny law) aff respunsble for preparing the Trustees, Annual Report and the fmancial slalanents in accordance with &ppli¢able law and Unitcd Kingdom Accounting Standards (Uniicd Kinodom Gcncralty Accepted Accounting Practice) including Financial Reporting Standard 102 ￿he FitiancialReportingStandard applKable the UK and the Republic of Ireland" Company law rcquires tbc Tn].stces to prcpare fmaDcial statements for each fu]ancial ycar. Undcr CoM￿nY law the trnstecs must not approve the fmancial StstcM￿ts unlc5s they a￿ satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and appkncation of reSoU￿es, including the income and expenditure, of th¢ charity for that period. In preparing these fmancial statements. thc tnLStee8 are ￿qUired to.. - select suitable accounting polici¢s and then appty them consistentty; - obseThe the methods and piinclples in th¢ Charities SORP 2019 (FRS 102): - make judgements and estimates thai are Tcasonabk and prndent: stale whether appI￿&ble UK Accounling Standards have beth followed. subject to any material disclosed and cxplained in the f￿ancial statements. and prepare the financRI slatemcnts on the bving concern basis lln1e￿ il is inappropriate lo presujne that th¢ charity will coniiiiue in opcrdtion. departures The trustees ar¢ responsble for keeping adeq￿te aCC(￿nting records that disck)se with ffasonabie aC￿racY ac any lime the flnanclll position of the charity and enable them to cnsure thai the fu￿n¢￿1 slalemsY)Ls comply wilh Ihe Companics Act 2006. They arc also responsible for safeguarding the assets of the charity and he￿ce for taking reasonable ¥tePs for the prevention and detection of ftaud and other Irre￿larities. In so faras the Trustees are aware: there i% no ￿levant audit infomiation of which the Charity's audilot5 are unaware. and the TnJ.stee.s have tsk¢n aIl steps that tly ought ty have tsken to mak'e than8eIves aware of any relevant audii infomiation and to establish that the audilors arc aware of that iDfomiation. AUDITOILS The auditots, Grnvits Audit Western Limiled. will be proposed for re -appoitilmcnt at the fotthcoming Annu81 General Meeling. ThL8 IEPOrt has heen p￿￿￿red in accnrdance with the 4)ccial provi8ions of Part 15 of the ComFwnies Act 2006 reknting to small Gompanies. Appmved by orderof the board of trnstccs on ....... and signed on its behalf by- ILOI T P Wicks - Trustee Page 7

Report uf the Independent Audltors to the Members of Thornbury Baptist Church Oplnlon We have audiled the fi￿ne￿I statemalts of Thombury Baptist Church (the 'chaiitable comFOny) for the year ended 31 March 2025 which comprise the Statemcnt of Financial Aetivitics. the Ba]ance Sheet, the Casb Flow StatCM￿t and notes to the fmancial stttements. including a summary of SI￿lficant accountmg policies. The fwancHI ￿porting framework Ihat hai> been applied in (heir prepardtion is applicable law and United Kingdom Accounting Stanthrds (Untied Kingdom Generalty Accepted Accountmg Practsce). In our opinion thc f]nancial statCTncnts: ve d ttue and fair view of the state of tbe charitsble comtAny's affairs as at 31 MaTch 2025 and of its incoming resources and apph"caiion of resources, including its income and expcDditure. for the year then ended; bave been properly prepared in accordance with United Kingdom Generdlly Accepted Accounting Practice; and have been prepared iti accordance wlth the r¢quArements of the Companies Aci 2006. B*sl8 for opinion We conducied our audTC in accordance wich Iniernational Standards on Auditing (UK) aSAs (UK)) and aFylicable ]aw. Our responsibiknties under those standanls are further descnbed in the Audilor5' responsibilities foT the audit of the financial statements section of our report. Wc are independent of the chatithbk coinFOny in accordance Thryth the ethical requirements that are relevant to our audit of the fmancnl statemffl(s in the UK including the FRC'S Ethical Siandard, and we Iiave fuifilled our other ethical responsibilities in accordance wilh ibc5e requiremeiits. We believe that the audit evidence we have obtained sufficient and appTOPTiate lo provide a basis for our OPTnion. Concluslons reladng to golng concern In auditing Ihe t￿anC￿l statements. we have concknded ihai the trus(ees'use of the going concern basis ot accounting in the prcparation of the fmancial statcrnents is appropiiate. Bascd on thc work wc have pcrfomiLIl. wc havc not Klentificd any matcrial unceffainties relatTng to cvcnts OT conditions that, individualty or coll¢ctivcty. may ost Si8nifJcant doubt on the charifablc comrAny s abib'ry to CODtinuc as a going conccrn for a period of at Ic8ll tw¢fv¢ months from wh¢n the fmancial statements aTe authoriscd for issue. Our responqibilicies and the responsli )Alities of the tsu8tees wKh respecr to going concern a￿ descnbed in the relevant section.s of this report. Other Informadon The trustees ar¢ respon8Jble for th¢ other infornat￿n. The other infoTmation compTses the inf0m￿tiOn included lll Ihe AnnuRI Report, other than the f￿anCial staiements and our Report of the Independeni Audiiors thereon. r opinion on the financial statements does not cover the other infomiation and, except to the ￿tent othenvise explicitty stalcd in ourreport,we do nol cxpress any forni of &￿Tance conclusion the￿on. Tn ¢onnection wth our audit of the fmancRI statLryncnts, our r¢sponsibility i% to rcad thc othcr i]ifomiation and, in doing so. consider whether the other infomialion is materially inconsi8ient with ihe financial sraltinents or our knowledge obtained fft the audit or otheNi8e appears to be materially MI￿tated. If wc identify such matcrial inconsi8tencies or awarcnl materia I misstatemalis, we are required lo detenninc wheihcr this gil'es risc lo a maleria I Iniqslatanent in the fiiianci411 stÉltem¢n¢s thLinsL]vcs. If. bascd on the WOTk we have pcrfomiLY], we conGlude that there is a material misslatemenL of this oth¢r infom]ation. w¢ rcquired io repon thal fact. We have nothing to ￿port An ihis regalll. OplnloThs other matters In our opiiiion. based on the work undenaken in the coll￿e of the audit". the infomialion given in the Report of the Trustees for Lhe fmancial year for wbich the f￿ancIal statements are prepared ts consistent wrth the financial statements. and the Report of the TNstees has been prepared in accordance with applicabk legal requirements. Page 8

Report of the Independent Auditors th the Memljers of Thornbury Baptist Church Matters on Ivhich we are reqnfired to report by eIception Tn th¢ light of the knowledge and und¢rslanding of the charirabl¢ wmpany and Tts envlronment obtaincd in the course of the audit. we have not identif￿d material mi&statem¢nts in the Report of the T￿stee8. We have nothing to report in respect of the folEowiog matters ￿ere the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accounting records have not been kem or ffturns &deq￿le for our audit have ncrt been teceived from branehcs nut Vl51ted by us; or the financial stalemcnts are not in agreemenl with the accounting ￿COrdS and returns. or certain disclosures of trnstCCs' remunerdtion specified by law are not made" or we bave not received all Ihe infornation and exp]ana lions we require lor our audii. or the trnstees were not entitled io take ad￿ltage of the small compan*s exemption frcqn the reqU1￿m¢nt to p￿pare a Siralegic Report or in preparing tbe Report of th¢ Trustees. Responslbllldes of tru5teei s explained more fully in the ststem￿l of Trustees, Responsiliilities. th¢ trustccs (tho a￿ 8Lqo th¢ directo￿ of the charitsblc company for the purposes of coJnEHny law) atE responsib le for the preparaliou of the financial Siatanenls and for beuig satisfied that they ￿ve a true and fair view. and for Such internal control as the twstees deternine is n¢¢e&qary to enable Ihc preparaiion of fthancia15talements that free from mateiial Mi￿1￿1¢menl, ￿e(her due to fraud or ettor. In preparing the fmncHI Statement& the tn￿lee$ are ffspoosbk for assessing the chari&ble company's ability to ontinue as a going concern, discLosin& aq applicable. matt¢rs rcjated to going concem and using the going conccm basis of accounting unless ihe trustees cither iniend to liquidate the charitable company or io cease 14)erntions, or have no realistic altemative bul to do 80. Page 9

Report uf the Independent Audi¢ors to the Members of Thoynbury Baptist Church Our responslbllities for the audlt of the finDtAal ststemeDts (hr objcctive.% are to obtain rcasonable assuran¢c ab(KTt whether th¢ fmancial sratanents as a whole arc frcc from material misstatcmenL whether due to fraud or em)r. and to issue a Report of the In1kpe￿1ent Auditors that includes our opinion. Reasonabk a&wrantt is a higb kvel of assurallce. bul is not a guardDt¢c thai an audit coiiducied lll accordance with ISAS (UK) will always delect a ￿￿terial inissialfynenl when it ex isls. M i5Siatemcnls can arise from fraud or error and are con$vJered material if. individually or in the gate. they could ros0￿blY be expelted ro influence the economic decistons of llSe￿ laken on the basi5 of these fjnanclal statements. The cxtcnt lo which our pmcedurcs are capablc of detecting irregulaiiti¢4 including frdud is dctslled below: Itregularities. including fraud. are lilsta￿eS of non <ompliance with laws and rcgu121ions. We dest￿t proceduTrs in line with our responsibilities. outlined above, to detect malcrial missiatemthts in respect of inEgu]aritie5. including fraud. The extenl Lo which our procedures Arc capable of detecting itTcguiariiies. including lrnud is detaiied below.. We obtained an understanding of the legal and rcBulatory frdrnewo￿S appkabk to the charitsble CoM￿nY and the 5ectOT in which it opcratcs. We delem)ined that thc followin8 laws and rcguiatioi)s wcr¢ most significaiit.. The Companies Act 2006, UK GAAP. Tbechariiies Act 2011 and the Cbariiies SORP. We obtained &n unde￿landing of how the charitable company is coniptying vrith those legal and reguiatory frainewoi'ks and rnad¢ enquirics to th¢ managemubt of k-nown or suspected in5tanLes of fra￿1 and non-compliaiice with laws and regulations. We corroboratol our enquiries throu￿ our review of board minutes. other ￿leVartE meeting minutes and review of Co￿¢SpOndence with regulatory bodies. We assessed thc susceptibility of the charitable company's fmancBI statanents to rnaterial misstatLYnent, including how fraud might occur. Audil procedures pcrfomicd by the audit team included.. . Idcntrfying and assessing the controLs manag¢mcnt has iti plac¢ to prevcnt and det¢¢t fraud. . Understanding how thosc charged with sovemance ¢￿smIered and addressed the pol￿tial for override of controls or other inllppropriale innucnce over the f￿ancIal reporting proces . Challcngjng assumptions andjudgment$ madeby management in its SignIf￿ant ac¢ountingestimat¢s and judgments; Idenlifying and lesLAn8 Journal enlries. in particu18r journal enlries posied with unusua l accounl combinaiJ"ons" and Asse￿Iftg the extent of compliance wth the relevant laws and Tegulations. Because of the mherent limitations of an audrt. thcrc i8 a risk that wc will not detect all I￿egular1tl¢$. includin8 those leading io a material m isslalemenl in the f￿ancial stalem cnls or non-compliance wilh reguhtion. This Tisk increases Lhe more that compliance a law or regulaiton is removed from the events and tran￿LI10n5 reflected in the rmanc￿l statements. as we will be less l&ety to become aware of instances of rEon -C(Mnpti8nce. The risk is aLso grealer regarding irrcgu larities occurrtn g due to frdud rather than error. as fraud invofves Tnteiitional conc¢dlmem, forgery, Gollusion, omi8ion or misrepr¢senlation. A further description of our ￿Sponsibl11t1es for the audit of the fmancial stalanents is located on ihe Financial Reporting Council's websrte at www.frc.or&uklaudrtorsrcsponsibits"¢ies. This description fom18 part of our Report of tbc Independent Audilors. Pagelo

Report uf the Independent Auditor5 to the Members ol Thornbury Baprfst Church Use of our report This report is made solety to thc chaiitablc comtrany's membeT4 as a Eody. in acconlance with Chaptcr 3 of Part 16 of the Companics Act 2006. audit work has been undeTfaken so thai we mighi state to the charitable company's mernbets those mattets we are ￿ quired to state io thon in an audito￿, report and for no other PUTpose. To the fullest extent pemiiltLxI by law. we do ftot accept or assume responsibility to anyone other than tlje charitable company and the cFtaritable company's members as a body. for ouraudrt wod(. forthis report. orforthe opinions we have fornied. Matihew Bracher Bsc FCA (Senior Statutory Audiior) for and on behalf of Gravita Audrt Western Limited Chartered Accountan15 and Statutory Auditors Bath Hous¢ 6- 8 Bath Street Briltol BSI 6HL Date.. Pagell

THORNBURY BAPTIST CHURCH Statement of FlnanefiAI Activltles (Incorporating an Income and ExpeDdityre Aeeount) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestiicted fund5 Restricted funds Notes INCOME AND ENDOWMEiYfs FROM Donations and legaGICS 350J08 677.735 1,028.043 1,069930 Charitable activitie5 inistry Youth work Book cenire and coffee lounge 6875 1910 2J02 31 J54 38229 1910 2J02 44.003 2.328 3,606 Investment income Total 363563 726,082 1,089h45 1.131.880 EXPENDITURE ON Chartt&ble actlvltles Ministiy Mission Youth work Book centre and coff¢¢ lounge Building project 159,941 139,657 53J66 5,192 44,800 9078 204.741 149J3S 53366 5,192 8519 214.765 151,220 $5,147 8,053 8519 Total 358 421 63 197 ￿53 429185 NET INCOME Transfers between funds 5207 (s) 662085 668,092 70?.695 19 Net movement In fund 5202 662390 668,092 70?,695 RECONCILIATION OF FUNtKS Total tunds brought fotward 204J17 831,041 1,036,158 333,463 TOTAL FUNDS CARRIED FORWARD 209J19 1494,931 1,704250 1.036,158 The notes lomi part of these fmancial 5talcments Page 12

THORNBURY BAPTIST CHURCH (REGISTERED NUMBEIL" 09388657) Balanee Sheet 31 MARCH 2025 2025 Total fuDds 2024 Total funds Unrestncted funds Restricled funds Notes FIXED ￿ETs Tangible assets 14 la54￿78 lJ54578 7?,077 c1]RRE￿ ASSETS Stocks Debiors Cash at bank 15 16 310 60,803 185236 310 70,097 321079 310 114,761 861246 9294 136ffj43 246J49 145.937 392286 976,317 CIiEDITORS Amounts fa Iling due wthin one year 17 (37,030) (5J84) (42,614) (12236) NET CURRENf ASSETS 209J19 140J53 349&72 964,081 TOT AL ASSETS LE&S CURRE LIABILITIES 209J19 1,494,931 1,704250 1.036.158 T A&SETS J 704,250 1.036,158 Unrestricted funds Restricted funds 209JJ9 J 494 93A 204.117 832,041 TOT AL FUNDS 1704 250 1036 158 These financial stttements have ￿en p￿￿Ted in accordance with the proviqions applicable to duritable Gompallies subject to the small companies regime. The fit]ancial slaiaiients Nvere awroved by the Bcord of Trustees and authorised for i&sue on Zti.Ik and were signcd on its behalf by.. T P Wicks - Ttustec The notes forn) part of these fjnancial staiements Page 13

THORNBURY BAPTIST CHURCH Cash Flow Statement FOR THF, YEAR F,IYDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng Sctlvlties Cash uetterdtcd from operntions 732,492 646,530 Nct Cash pmvided by opeTating activities 732,492 646,530 Cash flows from lttve5tin% activities Purchase of ran￿￿1¢ frAcd a&sets Interest r¢c¢ivcd 11291,020) {72.077) Net cash used in investing activitie6 71 59 60 064) Chxnge In casb and e*$h equlvxlcnts ID the repordng perlod Cash 2nd cash equlvalents At the beglnnlng of the reporting perlod (539J67) 586,466 861 274.780 Cash and cash equlvalents at th¢ ¢nd of the repnrtlng perlod 321 1161 The notes fomi part of these fmancial staiements Page 14

THORNBURY BAPTIST CHURCH Notes to the Cash Flow Statement FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET INCOME TO NET CkSH FLOW FROM OPERATING AcfIvITIES 2025 2024 Net Income for the reportlng perlod (as per the Statsment of Flnabd#l Activities) Adjustments for: Ikprcciation charges Inleresl receI￿ed Decreasel(llicrease) in debtors Increase in credilors 668,092 702,695 8519 (19,161) 44,664 30 (12.013) (49,880) 5,728 Net cash provided by operadons 732 492 646.530 ANAI,VSIS OF CHANGES fN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net CAsh Cashat bank 861 539 67 321 861346 <539J67) 321JJ79 Totsl 539 321 861246 ￿79 The notes fonn part ofthese f￿anCIal staiements Page 15

THORNBURY BAPTIST CHURCH Notes to the FSnancial Statements FOR THF. YEAR ENDED 31 MARCH 2025 ACCOU￿ING POLICIES Basls of preparlng the fTDanclal statements The financial statancnts of the dwritable comp￿ry. which a pubh'e benefr entity under FRS 102, have bec prepared in aca)nlance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statema of Recommended Praciicc applicable lo charittes preparing their accounts in accordance wtth the FinancHI Rcporting Stan(knrd apphcable in the UK and Rcpublic of Ircland (FRS 102) (effective l January 2019),. Financial Reporting Stsndard 102 The Financial Reportmg Standard atplicable m the UK and Republic of Ireiand, and th¢ ComFMnies Act 2006. The fu￿￿e￿I staianenls have beth prepared under the historical Cost oiivention. Thc f]nancBI statemthts are prepared in 8tcrling which ￿ the functional curency of the chariry andare round￿1 to the nearest £. The financial Statanents have been ptyred on a going concern basis . The Trn5tees consider Ihal the charity has sufficient cath Tcserves io continue as a going concern for a period of at least 12 months from the date on which the.8e ftnancial statements approved. Crltleal Aeeonndng Judgements and key $ourees of e5ttmadon uncertalnty In the an)hcation of the ¢harity's act￿￿ting pob'cies, the Trnstees are requir¢d to make judgementB. estimates and assumptions about Ihc caryying vaIues of assets and li&bilities that are not readty aprArcnl from othe 50urccs. The estimates and undcrlying assumptions are IM5ed on historical experience and other factors that a tonsidered to be relevant. A¢iual results may dirrer fmm ihese estimates. Income All i]icome is recogD ised in the Staternent of Financial ActlVitie.s once the Charity has entitlement to thc fiiJ)d8, it is probable that the incomc willbe ￿¢¢iVed and the amount can be meal•u￿d reliably. Offerings are recogni.sed on receipt. Gran15 and Icgacies io the charity are aCc￿￿ntry1 for as soon as the charity is notificd ot. its legal entrtlemcnl and the amount due. Procedures are in place to cnsure the completeness of illcorne. Income lax recovernble on wf( aid d￿￿tiOnS recognised on an accruals basis at the wme tiinc as the onginal donation. Expendlture Liabilities are recogni8￿ as expenditure a$ soon e.8 the￿ is a legal or constrnctivc obligation committing the charity to that cxrKnditurc, it 15 probable that a transfer of ¢conLKnic bencfits will be requircd in scttlemcnt and the amount of the obl1￿110n can be measured reliabty. Expendituff i5 accounial foron an accruals basis and been cla5sttied under beadings that awegate all cost reiatcd to the category. Where costs cant￿1 dircctly aitribu(ed tn Pdrticular headings they have been a Ilocated to activities on a basis consistent with Ihe use of resources. Grants offered subject to conditions vknich have nLrt been md at the year end datc are notol as a commitment but not accrued as expenditure. T*nglble flxed assets Fixcd assets arc inctud¢d at origtnal cost and are depreciated on a straight line basks as follows.. ImpTovement to pn)perty Plant and cquipm¢nt 2.5/ Page 16 onliDued...

THORIYBURY BAPTIST CHURCH Notes to the Fin3ncial Statrments - continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNfING POLICIES - contlnued Stocks Stocks are valucd at the lower of cost and nd reahsable vahie, aftermaking due allowance forobsolete aiid slow movtng items. TaxAllon The cbarity is excmpt from cotporatton tax on its charitable activities. Fund accountin Unreslricled funds can be used in accordance with the charitable objectives at the discretion of the lrnstees. Restricted fimds can only be uscd for particularirstrictcd pwposcs within tlie objects of the chaiity. Restrictions arise when spccified by the doiioi. or whell fwids are raised tor particular restricted pU￿Oses. Further explanation of the llature and purpose of each fund is included in the notes to the financial statements. Pen81011 Costs and other post-retirement benefits The charity operdtes a defjned conttibution pension scheme. CL)ntnbutions payable to the charity's pension scheme are charged to the Statement of Flliancial Activities in the period to which they relate. Volunteers and donated goods and services The value of services provided by volunteeiE is not incoLpora(ed into these fjnanctal statements. Wbcrc goods or services are pmvided to the chaiiry as a donatiojj thai wou]d nonnally be pU￿h￿Sed fr￿ll suppliers, thesc contributÉons are tiicluded in the financial statemellts as an estimate iHsrd on thc vahL¢ of contribution. Goods donaied and held foi. dtstribution are not recogntsed in the fu￿nCIal statements as they are considered to bc hcld on bchalf of North Bristol Foodbank. Cash aDd shoTt tern) investments Cash at bank És held to meet shoit-temi ￿sh c(ynmitments ab they falt due rather Ehan for investtnent puryoses and includes alt cash equivalents held in the fomi of short-tenn highty liquid investmcnLq. Cash equivalents aE short-term, highly liquid investinents that are readily conN'ertible lo known amounts of cash and that are Subject to ali insiwiificant iisk- ot changes in va]ue. DONATIONS AND LEGACtES 2025 2024 Dottations and offerings Incom¢ tax rccovcrablc Legacies Grants 717,782 126,709 784,893 168,937 25,000 91.100 183 552 1.028.043 1069 930 Page 17 continued...

THORNBURY BAPTIST CHURCH Notes to the Financial Statements - CODtinued FOR THE YEAR ENDED 31 MARCH 2025 DONATIOYS AND LEGACIES - continued Grant5 received, included in the abov4 as follow5. 2025 2024 South Gloucesictshite Councll Benefact Trusl Bealrice Lang Trnsi Garfiled Weston Foundation Listed Places of Worship Grant Scheme 3,000 91.100 25,000 25,000 130 552 183 91.100 DONATED GOOD& SERVICES AND FACILITIES riii g thc year the church has benefitied from numerous serviccs Provided by voluiitccrs covering areas such as children's aiid youth work, Lurteheon Club. Book Centr¢ and all areas of mitiistry. Furthcr services have bcth provided in the forni of assistance wrth maintenance. fu￿nce aTrl admitiistrntion. ae¢ordance with the Siaienienl of Recommended Practicc. no amounts are included in Ibe a¢counLs for Lhe servi¢e5 donated by volunteers. INVESTMEKr tNCOME 2025 2024 Deposit ac¢ouni interest tNCOME FROM CHAIUTABLE AcfiviTIES 2025 2024 Activity Youih evenl$ Minisiry Rent Ministry Other events Minislry Youth events Youth wo Bookstall and coffee loun8e Book centre and coffee lounge 5,010 31 J54 1.86S 1,910 2J02 6,719 34,541 2.743 2.328 3.606 Page18 conlinued...

THORNBURY BAPTIST CHURCH Notes to the Fln*nci21 Statements - tontinued FOR THE IT,AR EIYDED 31 MAIICH 2025 CHARfTABLE AcfivKTtES COSTS Grant funding of activities (see note Direct Costs (see note 6) Support cost8 (see note 8) 7) Totals Ministry Mission Youth work Book centre and coffee lounge Building project 185,147 45.414 34270 5,192 8J19 19J94 19J97 19.296 204,741 149,535 53,566 5,192 8,519 84324 278542 84J24 421 $53 DTREcf COSTS OF CHARITABLE A￿[VITIEs 2025 2024 Staff costs Ministry Books, cards and supplies Con feTeTJces and training Evcnls and aclivilics Foodbank OASiS costs tkpreciation 211540 5844 937 449 8,742 16,421 26,090 8,519 202.973 6.204 4,273 1.812 8,663 22,203 32.94n 278 279,068 GRA￿s PAYABI.E 2025 2024 Mission 84,824 85,995 The totalgt8nls paid lo insiitutions dwiDg the yearwds as follow5.. 2025 2024 Fundacion Amigos y Hmanos, ca￿ Columbia - child sponsornb]p CRLD Foundation YWAM - Malaysla ELAM MAnAstries TF.N Eurovaiigc]igm The Br￿ge Trnsl Beloved SAT-7 UK 7.756 1,550 1.993 1,360 4,906 2,250 2.300 1,850 1815 3,602 2,400 2AOO 24265 Grnnts of £70,357 wcrc payable to individuals duringthe ycar(2024 _£61,730). Pagc 19 continued...

THORNBURY BAvfIsT CHURCH Notes to the FlnAnclal Statements - continued FOR THE YEAR ENDED 31 MARCH 202S SUPPORT COSTS Gellernl back off￿e costs Governance costs Finance Ptemises TotaLg Ministy Migsion Youth work 677 676 677 11017 11816 IlJ16 4.121 4,124 4,123 2,979 2.681 2,680 19594 19,297 19296 12 NET INCOMEI(EXPENDITURE) Nel incomc/(expendilure) is Slated 8fter chargit)gl(crediting): 2025 2024 Lkpreciation - ovmed assets io. AUDITORS, REMUNERATION Amounts payable to the auditors for a￿lit afyl accounting services We￿ £6,180 (2024 _ £5,940) and £2,1 {?024 - £1,920) rcspcctively. TRUSTEESI REMUNERATION AND BENEFITS There were no Trustees, remuneration or other bcneftts for the year ended 31 March 2025 nor for the year ended 31 March 2024. TruJtees' expenges There were no Trnsrees, expenses paid for the year alded 31 March 201$ nor for the yL¥r cMd¢d 31 March 2024. 12. STAFF COSTS 2025 2024 Wages and salaries Social security ¢osis Oth¢r pension costs 191J75 10,041 185.424 8,457 211J40 202.973 Th¢ average monthty numberof ¢rnpk)yces duringihe yearwas as fol]ows.' 2025 2024 Average number ofstsff No cmploycc ernoluments of more than £60.000 (2024: No employeas). Page 20 continucd...

THORNBURY BAvfIsT CHURCH Note5 to the FlnAnci41 Statements - continued FOR THE YEAR ENDED 31 MARCH 2025 12. STAFF COSTS - contlnued The Trustees arc considered key management pe￿)n￿L No remuneration paid to the Trustees ll] the current year or the ptior year. 13. COMPARATIVKS FOR THE &fATEMENf OF FFNANCIAL A￿[Vrr[Es Unresiricled funds Restricted funds Total funds INCOME AND ENDOwmE￿s FROM Donations and legacies 337.003 732,927 1,069,930 ChritAble actlvltles Ministy Youth wo Book ccntre and Coffee lounge 9.462 2,328 3,606 34.541 44,003 2.328 3,606 Inv¢stment income 2,000 10,013 12,013 Total 354,399 777,48 ,131.880 EXPENDITURE ON Chritsble acdvlde5 Ministry Mission Youth work Book centre and coffee lounge 157.139 140,088 55,147 57,626 1.132 214,765 151,220 Total 360,427 68.758 429,185 ET INCOMEI(EXPENDITURE) (6,01 8) 708,723 TrAnsfer& hetween funds 70?,695 Net movement In funds (7,735) 710,430 702.695 RECONCILIATION OF FUNDS Total funds broU￿t fonvard 211,852 121.611 333,463 TOT AL FUNI)S CARRIED FORWARD 204.117 832,041 1.036,158 Page21 conlinu¢d...

THORIYBURY BAPTIST CHURCH Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 MARCH 2025 14. TANGIBLE FIXED ASSETS Plant and rnathinery Building project TotaL5 COST At l April 2024 Addition5 32,181 72,077 104,258 1391020 At 31 March 2025 32.181 lJ63.097 lJ95278 DEPRECIATION At l April 2024 Charge foryear 32,181 32.181 At 31 March 2025 32,181 8519 40.700 NET BOOK VALUE At 31 March 2025 l J54J78 lJ54378 At 31 March 2024 72,077 72,077 15. STOCKS 2025 10?4 Stocks - books, CD'S and cards 310 310 16. DEBTORS: AmOU￿s FALLING DUE WITHIN ONE YEAR 21125 2024 Income lax recoveAbie Prepayments andaccrueA income 66,175 3,922 86,873 27.888 70,097 114.761 Accrued income in 2024 includes outstanding amounts on icgacies recogniged itt fum in the SOF Page 22 continued...

THORNBURY BAPTIST CHURCH Notes to the Fin#ncl*l Statements - cokntinued FOR THE YEAR ENDF.D 31 MARCH 2025 17. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 202S 2024 Social security and othcrtaxes Accrnals and deferred income 2,832 39,782 3,148 9,088 42,614 12236 18. LEASINC AGREEMENrs Mtnimum lease payments under nOn￿an¢cHable operalitig kases fall due as follow5: 2025 2024 Within one year Bctwe¢n onc and five ycars In more than tiv¢ yeaT5 20,065 80,259 16,721 4,680 117045 19. MOVEMENT IN FUNDS Nct movement in fu77ds Transfcrs belw'cen funds At 1.4.24 31.3.25 Unre$trlcted fun Genernl Fund Mission Fund Fund Youth Fund 177812 12J44 13.687 674 73352 (54J25) (11,9111) 02 {07JOI) 56,640 8,496 183.163 14,659 10365 Restrltted funds Buitding Fund Foodbank Fund Oasis Fund Ukraitie Mission Fund Other specific missKin ￿lS Ikbt Advicc Fund 204.117 5307 (s) 209,319 772,641 31,470 23502 1,660 2.034 734 655,926 3,726 5J52 (442) (938) 39 1,428567 35,196 28054 1.2111 1.096 662 832 041 ￿85 1.036.158 668.092 1494 931 1.704250 Pa￿23 eonlinued...

THORLI￿URy BAPTIST CHURCH Notes to the Financial Staternents - eonttnued FOR THE YEAR ELYDED 31 MARCH 2025 19. MOVEMENf IN Ft]NDS - cokntinued Net movemeni in funds, tDcludcd in the above are as follow5." Incomitig rcsourccs Resou￿eS cxpcndcd Movement in funds Unrestricted fwids General Fund Mission Fund Care Fund Youth Fund 353,022 3J20 5Jll 1910 {279,770) (57.645) (17229) (3,712) 73252 (54J25) {11,9111) (1002) Restrleted funth Buiidtng Fund Foodb¢ink Fund Oasis bund Ukrdilic Mission Fund Other specific missK)n gifts tkbt AdviGc Fund 363563 (358J56) 5,207 664,445 20,147 31,442 400 8,098 I￿50 (8519) (16821) (26,090) (842) {9,036) (2289) 655,926 3,726 5J52 (442) (938) (739) 63.197 662 885 668 092 Page 24 onlillued...

THORNBURY BAPTIST CHURCH Notes to the Flnanelal Statements - continued FOR THF. YEAR ENDED 3 1 I¥L4RCH 2025 19. MOVEMEIYT IN FUNDS - continued Comparadv¢s for movement In funds Net movement funds Transfers betwee funds At 31.3.24 At 1.423 Unrestrlcted fundB Generdl Fund issictri) Fund Care Fund Building RepairFund Youth Fund 179.698 6.575 25579 71266 (44.431) (19,272) (12,705) (73,552) 50200 7.380 12,705 177,412 1?.344 13.687 674 211.852 (6.028) Restrleted fumds Buiidittg, Fund Specific Mlssion Fund (CaliTrids) Foodbank Fund Oasis Fund Ukrdine Mi$5ion Fund Othcr specific mi&8K)n gifts Debt Advice Fund (1.707) 204,117 59.993 8.437 30.415 17.493 3,536 505 1232 712.648 (8.437) 1,055 3J02 (1,876) 2,529 (498) 772,641 31,470 23,502 1,660 2.034 734 2,707 (1,000) 121611 832041 TOT AL FUNDS 333 463 702 695 1036 158 Page 25 ontinued...

THORNBURY BAPTIST CHURCH Notes to the FinanclAI Statements - contthued FOR THE IT.AR EIYDED 31 ￿L￿RcH 2025 19. MOVEMENf iN FUNDS - eootinued Comparntive net lliov¢ment in fund& included in the above are as follows: Incoming Tesources Resou￿¢8 exp¢nd¢d Movement in funds UDrestrieted funds General Fund Mission Fund Care Fund Building Repair Fund Youth Fund 343.581 505 7.985 (272,315) (44.936) (27,257) (12.705) 2328 aL14) 354399 (360.427) 71,266 (44.431) (19,27? (12.705) Re¥trl¢ted funds Building Fund Sp¢citie Mission Fund (Cabkids) Foodbank Fund Oasis Fund Ukrdine Mission Fund Other specific missK)n ￿ftS Dcbt Advice Fund (6.028) 712.648 (681) 23.279 35903 270 4,324 712,648 (8,437) 1,055 3,302 (1,876) 2,529 (7,756) (22.224) (32,601) (2,146) (1,795) 777481 708 723 TOTAL FUNDS 1.131,880 (419,185) 70,695 General fund Unrcstri¢ted funds that can be spent at the discretion of the trnst¢cs for any pU￿oSe$ of thc church. Deglgnted funds M1551oD Fund represents incorne of the Cl￿￿h Mthich is set aside for mission puiposes. I￿TIn g this year, approximatety 200/0 of unrestricted offering income of the churcb was allocated to this fund. Care Fund - represcuts income of the thll￿h which is set aside for care issues wh arise from time to time in the church. During thts year. approximalety 3 /0 of unrestr￿ted off¢ritig income of tbe church wa5 allocated to this fund. Building Repalr Fund - refiects fund5 set aside on a monthty basis for builditig repait5. Youth Fund - represents funds set aside for youth wo￿. Re8trlcted funds Building Fund - represents donatlODS where the dollo￿ have ￿qUeSted that the money b¢ used for improving or extcnding thc churcb pr¢mi5eS. Specific Misslon fund (Callkid%) - represents donatM)ns specifully for child spon50￿hlp in Cal4 Culombia. Foodbank Fnnd _ represents monelary donations received specifically for foodbank and rcla*d (xuses. Goods donated a￿ not ￿flected in the fund as they are collected and dLthuted on behalf of North Bristol Foodbank. Pagr 26 continued...

THORNBURY BAPTIST CHURCH Notes to the Fin%ncial Statrments - tonttnued FOR THE VF.AR ENDED 31 MARCH 2025 19. MOVEMENT IN FiINDS - contlnved 04518 (formerly Green P85tures) Fund - Yepr￿ettts a housing project in Thotnbury. thants and donations a received fmm external sources specificalty 10 be used to fund the leasing of a property, to renovale and let to formcrly homekss indivMluaLs. Ukraine Mission Fund _ represents a specific fund set up in support forUkrdin¢ fTom March 2022. Debt Advice Fund - a community project representing funds specifically given for debt advice. Other speelfl¢ mf55ion gifts - repffs¢nt donations vthere the donoT5 have expressed a wish that the monvy be used for a speLific mi&sion pu￿05¢. There is a 8¢pardle fund that reprcscnis money in rejation to chjld sponso￿hIP in Cab. Colon)bia (Calikids). Comparadve analy$ls of net asBets between fuDd& are as follows: Fund balancesas at 31 March 2024 Unrestricted funds Restricted funds Total funds Cunrnl asset8 Current liabilities 216J53 12.236 759,964 861,246 12,236) Total net assets 204,117 759.964 964,081 Transfers between fundi Durin g the year, a transfer of £56,640 PO?4 - £50.200) was made fr[￿ the G¢neTal Fund to the Missioii Fund renecling the church's policy of e&rmarking approximatety 200/0 of gellernl donations for mission puiposes. Similarty. £8,496 {20?4- £7J80) was trnnsfC￿ed fmm the Genernl Fund to the ca￿ Fund being appmximat¢Py 3￿/• of gencral donations. £2.360 (2024 - £nil) was transferred from the Gcnerdl Fund to the Youth Fund in support of the WO￿ of youth. 20. RELATED PARTY DISCL(XSURES Ilonatlon8 from trustee5 And related pard The agg￿gate donations received from Trnstees and otherrelatcd parties W¢T¢ £22,061 (2024 - £55.585). Page 27 continued...

THOKNBURY BAPTIST CHURCH Notes to the Flnancial Statements - conlinued FOR THE YEAR ENDED 31 MARCH 2025 21. COMPANY LIMITED BY GUAK4NfEE The charity is a private company, regK4tered in ED*nd and Wale5. limited by guardntee having no sha apitsl and, m aLrordance the ManornDdum of Association. every manber ￿ liabk to coiitribute £1 towards the costs of dis8otutAOn and liabthties incurred by the chariiy in the ￿ellt of the d￿ritable company being wound up. Page 28