REGISTERED CHARITY NUMBER: 1164766
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2023
for
Fleet Baptist Church
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
Fleet Baptist Church
Contents of the Financial Statements for the Year Ended 31 December 2023
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Page |
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Report of the Trustees |
1 |
to |
6 |
Independent Examiner's Report |
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7 |
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Statement of Financial Activities |
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8 |
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Balance Sheet |
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9 |
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Notes to the Financial Statements |
10 |
to |
17 |
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2023
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2023. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
TheprincipalobjectiveoftheChurchistheadvancementoftheChristianfaithaccordingtotheprinciplesofthe Baptist
denomination.TheChurchmayalsoadvanceeducationandcarryoutothercharitablepurposesintheUnited Kingdom
and/or other parts of the world, including through gift and grant-making.
The Trustees have consideredthe CharityCommission'sguidanceon publicbenefit and, in particular,the specific guidance
oncharitiesfortheadvancementofreligion.Infulfillingtheaboveobjectives,theChurchwillengageinarange of
activitieseitheronitsownorwithothersthatwillvaryfromtimetotimewithactivitiesbeinginitiated,expanded, or
closed, as appropriate. These activities may include but are not restricted to:
-
-regular public worship, prayer, Bible study, teaching and training;
-
-baptism, as defined in the Baptist Union's Declaration of Principle;
-
-the Communion of the Lord's Supper which shall normally be observed at least once a month;
-
-evangelism and mission, locally, regionally, nationally and internationally;
-
-teaching, encouragement, welcome and inclusion of children & young people;
-
-the nurture and spiritual formation of Christian disciples;
-
-education and training for Christian and community service;
-
-giving and encouraging pastoral care;
-
-supporting and encouraging charitable social action in the United Kingdom and abroad;
-
-encouraging relationships with, and supporting, Baptists, other churches and Christians.
To facilitate this work, it is important that we maintain the fabric of the Church buildings.
TheTrusteeswouldliketothanktheEldersandallthevolunteerswhocontributeandworksohardtosupport the
Church's activities and enable it to function.
Page 1
Fleet Baptist Church
Report of the Trustees
for the Year Ended 31 December 2023
ACHIEVEMENT AND PERFORMANCE
As a Churchwe are lookingto nurtureand encourageindividualsin theirown spiritualand Christianformationand to see
morepeoplecometofaithinJesusChrist.Also,being'lightandlove'inthecommunityisvitallyimportanttous, and
togetherwe want to effectivelyserve the surroundingarea. 'LovingGod, LovingFleet' is not onlyan apt tag line for us but
also a holy ambition.
As of 31st December 2023, our membership was 125. During 2023
-
*10 people were received into membership
-
*9 people were baptised over 4 baptism services
-
*1 person resigned
-
*7 people were removed due to attending other churches or moving away
Lookingback, we identified2022 as a year where we experienceda fresh injectionof energy and momentum,especially in
initiativessuchasToddlealong,Alpha,andFoodbank,butalsowithinourcorporategatherings.2023hasseena fruitful
continuation of that momentum.
AnAutumn23teachingseriescalled'ThisHouse'soughttocelebrate'whoweareandwhowearebecoming' and
exploredthecorecharacteristicsandemergingcultureofFBC.Thishouseisahouseofwelcome;ofworship; of
transformation;ofGod'spresence;ofprayer;andoftheprophetic.Thishousealsodesirestobelightinto our
communities. These characteristics or distinctives are the underlying foundations of all we seek to do.
Afewchosenhighlights!Alphasawseveralpeopleovertwoseparatecourseseitherfindfaith,findfriendships,orfind a
home withus wherequestionsare welcomed.(Sometimes,theyfoundall three!)Some Alphaparticipantswere baptised,
andsome becamechurchmembers.Toddlealongcontinuedto growinnumberandinappreciation,as did 'Powerhouse',
our Sundayprogrammefor children.Otherministryareas withinFBC, such as Prayer,PastoralJourneying,Men's Ministry,
WovenWomenandTeachingTeam,wereresourcedandreplenishedwithgiftedandequippedpeopleto undertake
various responsibilities within each area.
TherewasalsoanewintakeofadditionaleldersandtrusteesinSeptember2023,whichstrengthenedand diversified
these two important teams in the life of the church and charity.
Ourin-personSundaygatheringscontinuedtoenjoynewlifeandliveliness.Theywerewellattended,and many
newcomersvisitedonaregularbasis.FAB(FamilyAll-InBreakfast)-ashorterSundayall-inservicewithbreakfastin the
middle- continuedmonthlytoofferawonderfulopendoorforthosenewtochurchandprovidedagreatwayto foster
conversationandbuildcommunity.Asalreadymentioned,ourtwice-yearlyAlphacourseshavemadea considerable
impact with many participants now integrated into the church family.
HartFoodbankcontinuedtoflourish.AsachurchwearedelightedtoworkalongsideHartFoodbankandprovide the
venue-basethey need to engage with clients,offer storage space, utilise a kitchen,and installrefrigeration.The opening of
FleetCommunityPantryinourrenovatedgarageatthebottomofthecarparkhasbeensuccessfulasasourceof food,
advice,andeducationtohelppeoplehelpthemselves.Memberschoosefromawideselectionoffooditemsfora small
fee.
Otheractivitiesincluded'FreedomIn Christ'courses,a CAP Lifeskillscourse,a Newcomerslunch,a Church'BringN Share'
Summermeal,andmonthly'KingdomCome'worship&prayereveningsalongsideourregulararrayofevents.We also
benefittedfromguestspeakersincludingRachel&GordonHicksonandHelenAzerfrom'HeartcryForChange', Clive
Corfield,PatrickButlerandrepresentativesfromCompassionandBridgesForPeace.Theyallbroughtinspiration and
encouragement to us as well as key training in specific areas.
Page 2
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2023
Itwouldberemissnottomentionthatthechurchfamilyexperiencedchallengesandheart-breakingmoments and
situationsalongtheway.Theoutpouringoflovewastangibleatthosetimesandcreatedanevendeeperunity amongst
us.
Therewas alsoa continuationof networkingandfriendshipwithotherchurchesandministersin the areaand 'Christians
Together'.
TheChurchcontinuedtoencourageandsupportmembers'involvementinthelocalcommunity,andmanyserve as
volunteersandtrusteesinotherlocalcharitiesandorganisations.TheseincludeFleetAngels,FleetBaptist Pre-School,
Fleet Christmas events, Fleet Marathons and FACCTS, a charity working within the schools of Fleet and Church Crookham.
TheChurchcontinuedtoconductsomeofitsactivitiesthroughgiftandgrant-making.Giftsandgrantsweremade to
organisations operating overseas, nationally, and locally whose objectives reflect our own.
We are excitedto serve the purposesof God andbe a partof the evolvingshapeandcultureof FBC. There is gratitude to
Godfortheimmeasurablegraceandkindnessthatabundantlyresourcesandenvisionsus.Wearealsohumbledby the
love and generous service of our church family.
FINANCIAL REVIEW
Financial position
TheChurch'saccountsfortheyearended31December2023aresetoutonpages8 to17.TheChurch'smainsource of
incomeis offeringsanddonationsfrommembersandattendeesandtheassociatedgiftaidclaims.Expenditureover the
yearhassupportedtheactivitiesofthechurchbysupportingstaff,providingforministries,maintainingproperty, and
making gifts and grants.
Unrestrictedincomedecreasedby8.6%to£176,950(2022:£193,615).Althoughdonationsarevirtuallyunchanged and
bankinterestincreasedbyapproximately£3,000,incomefromothersourcesincludingGiftAidandChurch premises
rentalsdecreased,the latterowingto changesin staff and theircircumstances.Fluctuationsin membershipand in Sunday
meetingattendanceobviouslyhasaneffectupontithesandofferings,andonceagain,wecannotunderestimate the
changesand uncertaintyin the wider economyupon people'sown financialpositions,includingthe abilityto Gift Aid their
donations.
Unrestrictedexpenditureincreasedby 9.1% to £200,469(2022: £183,603).Althoughstaff changesresultedin a decrease of
approximately£11,000instaffcosts,feesincreasedbyapproximatelythesameamount.Maintenanceand equipment
rosebyapproximately£9,600to£20,600,mainlyowingtothechurchchairsbeingreplaced.Unrestricted charitable
donations also increased by approximately £5,600.
Afterthis,theChurch'sactivitiesin2023ledtoanexcessofresourcesexpendedoverincomingresourcesof £22,746,
being a deficit of £23,519 on unrestricted funds and a surplus of £773 on restricted funds.
Page 3
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2023
FINANCIAL REVIEW
Reserves policy
TheChurch'spolicyonreservesisthatUnrestrictedfundsareneededtoprovideprotectionagainst,andtheability to
continueoperatingdespiteeventssuchasa suddenlossofincomeortheneedtodesignatefundstospecificprojects or
itemsofexpenditureatshortnotice.ThemajorityoftheChurch'sfundsareintheformofthepropertythatituses to
carryoutitscharitableactivities(theChurchbuildingsandtheManse),socouldnotbeusedinpracticein such
circumstances. Therefore, this policy focuses on the reserves that are represented by cash.
Muchof the Church'sexpenditureis fixedor semi-fixedin nature,mainlybeingpremises-relatedor staffcosts. Charitable
gifts and donationsare not fixed in naturebut,for relationshipreasons,suspensionof these by the Churchat short notice
would only be consideredin extreme circumstances.The Church'sincome comes primarilyfrom collectionsand donations
fromChurchMembersandtheassociatedGiftAid.Whilstthereisnorelianceonadominantlocalemployer,the risk
exists of small number of significant donors suffering a dramatic fall in their income or moving away.
The Trusteesbelievethatthe minimumlevel of unrestrictedcash reservesshouldbe sufficientto allowfor expenditure to
bereducedgraduallyover18monthsfollowingasustainedreductionofincometo25%belowtheexpenditure budget.
This 18-monthperiodwouldcomprise6 monthsof review followedby 12 monthsof gradualcost reductionandas such a
reserve of 25% of the annual expenditure budget would be required.
On 31 December 2023 unrestrictedcash reserves were £215,694(31 December 2022: £160,149),well above the budgeted
reservespolicyfigureof £48,553.Reasonsforthe increaseincludethe receiptof GiftAidclaimsamountsforthreeyears .
For the 2024 Budget the reserves policy figure is £48,168.
FUTURE PLANS
We are excited at the evolvingcultureof FBC and particularlythe amountof people impactedby the churchcommunity in
all of ourvariedeventsandexpressions.The momentumof missionandministryis definitelyincreasingandwill continue
togainevenmoretraction.WeexpectagrowthanddiversificationinattendanceonSundaysandinour mid-week
activitiesaswewelcomemoreregularnewcomersandmembers.Wehopeandprayforacontinuationoffruitful Alpha
courses,vibrantcollectiveworshipandan expansionof involvementfrom members.Ourrecentintroductionof relational
hubs known as 'Connect Groups' will help build friendships and deepen faith.
Ourreachwithinthe communitywillcontinueto expanddue to ongoingdevelopmentswithinFoodbank,the Community
PantryandToddlealong.CurrentdiscussionstobecomeaCAPDebtCentre,whichwillmaterialisein2024,isa very
excitinginitiativeandcentraltobeingafront-facingchurch.Seeinganincreaseinnewfamiliesjoiningushas already
generatedtheneedforustoprioritiseourdeliveryofgroupsandactivitiesforchildrenandyoungpeople.Our monthly
FAB Sunday is part of this delivery, and the aim of employing a part-time children and families worker is still active.
Beinganoutward-facingchurch- immersedwithincommunityandinfusedwithGod'sloveandgrace- continuestobe a
majorvaluealongsideprayer&corporateworship,teachingandapplicationoftheWordofGod,and'being' family
together.
Page 4
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Fleet BaptistChurch("the Church")is a CharitableIncorporatedOrganisationgovernedby the constitutionadoptedon 10
September2015.On 9 December2015,the Churchregisteredwith the CharityCommission,receivingthe charity number
1164766.
The custodiantrusteeof the Churchis the BaptistUnionCorporationLimited,whichis charitynumber249635and which
is controlled by the Baptist Union Council.
TrusteesareappointedbytheChurchMembers'MeetingtoberesponsibleforthegovernanceoftheChurchand the
fulfilmentofitsobjectivesthroughitsactivities.Onappointment,Trusteesareprovidedwithcopiesofthe constitution
andtheBaptistUnionCorporationLimitedGuidelineLeafletC15:HelpI'maCharityTrustee,aswellascopiesof recent
LeadershipTeammeetingminutesandfinancialreports.Trustees,withtheexceptionoftheSeniorPastor,receive no
financial benefit for their trustee service.
The Trusteesaim to meet bi-monthlyto prayerfullyreviewprogressagainstobjectives,to discernGod'swillinrelation to
the Church'sobjectivesand activitiesand to exercise governance.They delegateday to day operationof Church activities
to the Pastors,Eldersand volunteersappointedto lead variousministries.ChurchMembers' Meetingsare held at regular
intervals(at leastfourtimes a year)to worship,to discernGod'swillin relationto proposalsbroughtby the Trustees and
Eldersand to prayerfullyconsidermattersin the life of the Church,such as the budget,financialreports,membership and
general church activities.
TheChurchisamemberoftheBaptistUnionofGreatBritain,theSouth-EasternBaptistAssociationandthe Evangelical
Alliance.
TheTrusteeshavereviewedthemajorrisksthattheChurchisexposedtoandsystemsandprocedureshave been
established to manage those risks.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1164766
Principal address
115 Clarence Road
Fleet
Hampshire
GU51 3RS
Trustees
Mrs Y Mandiki (resigned 1.10.23)
Ms S Rinaldi Treasurer
M J Lewis
M Corr (appointed 1.10.23)
B Gillman (appointed 1.10.23)
Senior Staff member
The position of Senior Pastor was vacant throughout the year.
Page 5
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
Solicitors
Anthony Collins Solicitors LLP
134 Edmund Street
Birmingham
B3 2ES
Primary Banker
CAF Bank Ltd
25 Kings Hill Ave
West Malling
Kent
ME19 4QJ
Custodian Trustees
The custodiantrusteeof the Churchis the BaptistUnionCorporationLimited,whichis charitynumber249635and which
is controlled by the Baptist Union Council.
Approved by order of the board of trustees on 29 October 2024 and signed on its behalf by:
M J Lewis - Trustee
Page 6
Independent Examiner's Report to the Trustees of
Fleet Baptist Church
Independent examiner's report to the trustees of Fleet Baptist Church
I reporttothecharitytrusteesonmy examinationoftheaccountsofFleetBaptistChurch(theTrust)fortheyear ended
31 December 2023.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof the Trust'saccountscarriedoutunderSection145 of the Act andin carrying out
myexaminationI havefollowedallapplicableDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
Independent examiner's statement
I havecompletedmyexamination.I confirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts 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 concernsand have come acrossno othermattersin connectionwith the examinationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
.......................................................
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
30 October 2024
Page 7
Fleet Baptist Church
Statement of Financial Activities
for the Year Ended 31 December 2023
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
163,131
Other trading activities
3
9,650
Investment income
4
3,969
Other income
5
200
Total
176,950
EXPENDITURE ON
Charitable activities
6
Ministry
105,987
Establishment
63,227
Mission and Events
31,255
Total
200,469
NET INCOME/(EXPENDITURE)
(23,519)
Transfers between funds
15
3,588
Other recognised gains/(losses)
Actuarial gains on defined benefit schemes
-
Net movement in funds
(19,931)
RECONCILIATION OF FUNDS
Total funds brought forward
660,225
TOTAL FUNDS CARRIED FORWARD
640,294 |
Restricted
funds
£
6,420
-
-
-
6,420
1,027
500
4,120
5,647
773
(3,588)
-
(2,815)
7,905
5,090 |
31.12.23
31.12.22
Total
Total
funds
funds
£
£
169,551
177,298
9,650
14,600
3,969
957
200
780
183,370
193,635
107,014
103,413
63,727
53,695
35,375
26,577
206,116
183,685
(22,746)
9,950
-
-
-
21,150
(22,746)
31,100
668,130
637,030
645,384
668,130 |
31.12.23
31.12.22
Total
Total
funds
funds
£
£
169,551
177,298
9,650
14,600
3,969
957
200
780
183,370
193,635
107,014
103,413
63,727
53,695
35,375
26,577
206,116
183,685
(22,746)
9,950
-
-
-
21,150
(22,746)
31,100
668,130
637,030
645,384
668,130 |
|
|
|
193,635 |
|
|
|
103,413
53,695
26,577 |
|
|
|
183,685 |
|
|
|
9,950
-
21,150 |
|
|
|
31,100
637,030 |
|
|
|
668,130 |
The notes form part of these financial statements
Page 8
Fleet Baptist Church
Balance Sheet
31 December 2023
Notes
FIXED ASSETS
Tangible assets
11
CURRENT ASSETS
Debtors
12
Cash at bank
13
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Unrestricted
fund
£
400,949
27,769
215,694
243,463
(4,118)
239,345
640,294
640,294 |
Restricted
funds
£
1,500
-
3,590
3,590
-
3,590
5,090
5,090 |
31.12.23
Total
funds
£
402,449
27,769
219,284
247,053
(4,118)
242,935
645,384
645,384
640,294
5,090
645,384 |
31.12.22
Total
funds
£
429,717
77,100
168,054 |
|
|
|
|
245,154
(6,741) |
|
|
|
|
238,413 |
|
|
|
|
668,130 |
|
|
|
|
668,130 |
|
|
|
|
660,225
7,905 |
|
|
|
|
668,130 |
The financialstatementswere approvedbytheBoardof Trusteesandauthorisedforissueon29 October2024and were
signed on its behalf by:
M J Lewis - Trustee
S Rinaldi - Trustee
The notes form part of these financial statements
Page 9
Fleet Baptist Church
Notes to the Financial Statements
for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheaccountsinaccordancewiththeFinancialReporting Standard
applicablein the UK and Republicof Ireland(FRS 102) (effective1 January2015), FinancialReportingStandard 102
'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011. The
accounts have been prepared under the historical cost convention.
Offerings, donations, and tax refunds
Offeringsand donationsare accountedfor gross when received.The associatedtax refunds are accountedfor on a
receivable basis in line with the offering or donation.
Legacies
Legacies are accounted for when their receipt is certain and can be properly quantified.
Investment income
Investment income is included in the accounts in the year in which it is receivable.
Fund raising and publicity costs
Expenditure on these items is not material.
Fixed assets
Tangiblefixedassetsforuse bytheChurcharecapitalisedif theycanbe usedformorethanoneyearandcost at
least £250.
The freeholdlandandbuildingsandothermajorassetspurchasedpriorto 1 January1997were recognisedin the
balance sheet at their transfer value from the previous charity.
Depreciation
Depreciationis providedon all tangiblefixed assets, except freeholdland,at rates calculatedto write off their cost
or valuation, less estimated residual value, of each asset over its expected useful life.
Freehold buildings transferred from previous charity |
- over 31 years |
Freehold buildings |
- over 50 years |
Furniture and fittings |
- 2-4 years straight line |
Equipment |
- 2-4 years straight line |
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybe usedforparticularrestrictedpurposeswithinthe objectsof the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 10
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
ThechurchparticipatesinapensionschemeknownastheBaptistPensionScheme.Deficitcontributionsto the
definedbenefitelementoftheBaptistPensionSchemearechargedtotheStatementofFinancialActivities as
futureliabilities.ContributionstothedefinedcontributionelementarechargedtotheStatementof Financial
Activitiesintheyeartowhichtheyrelate.Furtherdetailsof theschemeareincludedinthenotesof the financial
statements.
2. DONATIONS AND LEGACIES
Donations
Gift aid
3.
OTHER TRADING ACTIVITIES
Church premises lettings and manse rent
4.
INVESTMENT INCOME
Interest on bank and building society accounts
5.
OTHER INCOME
Gain on sale of tangible fixed assets |
31.12.23
£
144,405
25,146
169,551
31.12.23
£
9,650
31.12.23
£
3,969
31.12.23
£
200 |
31.12.22
£
144,100
33,198 |
|
|
177,298 |
|
|
31.12.22
£
14,600
31.12.22
£
957
31.12.22
£
780 |
continued...
Page 11
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
6. CHARITIES ACTIVITIES COSTS
CHARITIES ACTIVITIES COSTS |
|
Ministry
Establishment
Mission and Events |
Direct
Costs
£
107,014
63,727
35,375 |
|
206,116 |
Mission and events includes the following Gifts and Grants payable: |
Mission and events includes the following Gifts and Grants payable: |
Mission and events includes the following Gifts and Grants payable: |
|
|
|
2023 |
2023 |
2023 |
2022 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
Gifts and grants payable |
|
|
|
|
Grants to people |
825 |
4,120 |
4,945 |
500 |
Baptist Missionary Society |
11,333 |
- |
11,333 |
9,998 |
Wycliffe |
2,375 |
- |
2,375 |
2,000 |
Fleet and Crookham Churches
Together in Schools (FACCTS) |
5,500 |
- |
5,500 |
4,500 |
Compassion UK |
2,000 |
- |
2.000 |
1,000 |
Open Doors |
2,200 |
- |
2,200 |
1,800 |
Other* |
1,915 |
- |
1,915 |
2,228 |
FBC Pre-School |
3,500 |
- |
3,500 |
2,020 |
|
|
|
|
|
|
29,648 |
4,120 |
33,768 |
28,089 |
|
|
|
|
|
*Includes leaving collections, gifts to speakers and other small donations.
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or benefits for the year (2022: none).
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31December2023norfortheyear ended
31 December 2022.
continued...
Page 12
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
8. STAFF COSTS
8. |
STAFF COSTS |
|
|
|
|
|
|
|
31.12.23 |
|
31.12.22 |
|
|
|
£ |
|
£ |
|
Wages and salaries |
|
48,534 |
|
58,000 |
|
Social security costs |
|
784 |
|
1,391 |
|
Other pension costs |
|
2,245 |
|
3,344 |
|
|
|
51,563 |
|
62,735 |
|
The average monthly number of employees during the year was as |
follows: |
|
|
|
|
|
|
31.12.23 |
|
31.12.22 |
|
Associate Pastor |
|
1 |
|
2 |
|
No employees received emoluments in excess of £60,000. |
|
|
|
|
9. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
|
|
|
Unrestricted |
Restricted |
|
Total |
|
|
fund |
funds |
|
funds |
|
|
£ |
£ |
|
£ |
|
INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
Donations and legacies |
177,278 |
20 |
|
177,298 |
|
Other trading activities |
14,600 |
|
- |
14,600 |
|
Investment income |
957 |
|
- |
957 |
|
Other income |
780 |
|
- |
780 |
|
Total |
193,615 |
20 |
|
193,635 |
|
EXPENDITURE ON |
|
|
|
|
|
Charitable activities |
|
|
|
|
|
Ministry |
103,413 |
|
- |
103,413 |
|
Establishment |
53,695 |
|
- |
53,695 |
|
Mission and Events |
26,495 |
82 |
|
26,577 |
|
Total |
183,603 |
82 |
|
183,685 |
|
NET INCOME/(EXPENDITURE) |
10,012 |
(62) |
|
9,950 |
|
Other recognised gains/(losses) |
|
|
|
|
|
Actuarial gains on defined benefit schemes |
21,150 |
|
- |
21,150 |
|
Net movement in funds |
31,162 |
(62) |
|
31,100 |
|
RECONCILIATION OF FUNDS |
|
|
|
|
|
Total funds brought forward |
629,063 |
7,967 |
|
637,030 |
continued...
Page 13
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
TOTAL FUNDS CARRIED FORWARD
660,225
7,905
668,130
10.
NET MOVEMENT IN FUNDS
2023
2022
£
£
The net movement in funds is stated after charging:
Independent Examiner's Remuneration
3,300
3,300
Independent Examiner's fees for bookkeeping
and accountancy services
3,840
3,840
Depreciation: owned assets
31,097
31,271
11.
TANGIBLE FIXED ASSETS |
Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
TOTAL FUNDS CARRIED FORWARD
660,225
7,905
668,130
10.
NET MOVEMENT IN FUNDS
2023
2022
£
£
The net movement in funds is stated after charging:
Independent Examiner's Remuneration
3,300
3,300
Independent Examiner's fees for bookkeeping
and accountancy services
3,840
3,840
Depreciation: owned assets
31,097
31,271
11.
TANGIBLE FIXED ASSETS |
Restricted
funds
£
7,905 |
Total
funds
£ |
|
|
|
668,130 |
|
|
|
|
|
2023
2022 |
|
|
|
£
£ |
|
|
|
|
|
|
|
3,300
3,300 |
|
|
|
|
|
|
|
3,840
3,840 |
|
|
|
31,097
31,271 |
|
|
|
|
|
|
COST
At 1 January 2023
Additions
Disposals
At 31 December 2023
DEPRECIATION
At 1 January 2023
Charge for year
Eliminated on disposal
At 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022 |
Freehold
property
£
462,150
-
-
462,150
68,807
10,070
-
78,877
383,273
393,343 |
Fixtures
and
fittings
Equipment
£
£
76,819
43,482
768
3,061
-
(999)
77,587
45,544
43,673
40,254
18,688
2,339
-
(999)
62,361
41,594
15,226
3,950
33,146
3,228 |
Totals
£
582,451
3,829
(999)
585,281
152,734
31,097
(999)
182,832
402,449
429,717 |
|
|
|
|
FreeholdPropertycomprisestheChurchpremisesandtheManse.ThenetbookvalueoftheChurchpremises at
31 December 2023 was £282,371(2022: £290,243)and the net book value of the Manse at 31 December 2023 was
£100,902 (2022: £103,100).
Equipment includes sound and other equipment.
continued...
Page 14
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Interest Receivable
Gift Aid Receivable
Prepayments
13.
CASH AT BANK
Church:
-CAF cash account
-CAF gold account
-Office expenses account (CAF)
-The Family Building Society
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
15.
MOVEMENT IN FUNDS
Net
movement
At 1.1.23
in funds
£
£
Unrestricted funds
General fund
660,225
(23,519)
Restricted funds
Charity Fund
4,269
-
Emmanuel Fund
497
-
Toddle Along
3,139
(727)
Fixed Asset Fund
-
1,500
7,905
773
TOTAL FUNDS
668,130
(22,746) |
|
31.12.23
£
1,897
25,146
726
27,769 |
31.12.23
£
1,897
25,146
726
27,769 |
|
31.12.22
£
589
75,816
695
77,100 |
31.12.22
£
589
75,816
695
77,100 |
|
|
|
2023 |
|
|
2022 |
|
|
|
£ |
|
|
£ |
|
|
|
|
|
|
|
|
|
|
23,685 |
|
|
17,841 |
|
|
115,467 |
|
|
|
70,517 |
|
|
477 |
|
|
|
683 |
|
|
79,654 |
|
|
|
79,012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
219,283 |
|
|
168,053 |
|
|
|
|
|
|
|
|
|
|
31.12.23
£
4,118
Transfers
between
funds
£
3,588
(3,588)
-
-
-
(3,588)
- |
|
|
31.12.22
£
6,741
At
31.12.23
£
640,294
681
497
2,412
1,500
5,090
645,384 |
|
continued...
Page 15
Fleet Baptist Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2023
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Charity Fund
Toddle Along
Fixed Asset Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Charity Fund
Emmanuel Fund
Toddle Along
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
176,950
(200,469)
(23,519)
4,420
(4,420)
-
-
(727)
(727)
2,000
(500)
1,500
6,420
(5,647)
773
183,370
(206,116)
(22,746)
Net
movement
At
At 1.1.22
in funds
31.12.22
£
£
£
629,063
31,162
660,225
4,249
20
4,269
497
-
497
3,221
(82)
3,139
7,967
(62)
7,905
637,030
31,100
668,130 |
|
|
continued...
Page 16
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Charity Fund
Toddle Along
TOTAL FUNDS |
Incoming
resources
£
193,615
20
-
20
193,635 |
Resources
expended
£
(183,603)
-
(82)
(82)
(183,685) |
Gains and
Movement
losses
in funds
£
£
21,150
31,162
-
20
-
(82)
-
(62)
21,150
31,100 |
|
|
|
|
The Charityfund is for restrictedfundsreceived and then paid out for their specificpurposes.The Emmanuel Fund
isusedtoblessthoseknowntoFleetBaptistChurchwhoareunabletomeettheirimmediatematerial needs.
ToddleAlongisanorganisationthatoperateswithinFleetBaptistChurch.TheFixedAssetFundrelatesto a
donation received towards a piece of equipment and the associated depreciation.
16. RELATED PARTY DISCLOSURES
The custodiantrusteeof the Churchis the BaptistUnionCorporationLimited,which is charitynumber249635 and
which is controlledby the BaptistUnion Council.The Churchis also a member of the BaptistUnion of Great Britain
and the South Eastern Baptist Association.
Asaresultofrealistictimemonitoringandamultiplicationoftasksandresponsibilitieswithinchanging staff
structuresandscenarios,MsSueRinaldi,atrustee,waspaid£24,800forherresponsibilitiesasWorship Pastor,
alongsideotheradministrativeandgeneralduties.(2022:£14,050forworshipleading,administrativeand other
duties).
There were no related party expenses during the years ended 31 December 2023 or 31 December 2022.
In 2023, the Trustees made total unrestricted donations of £12,500 to the Church (2022: £13,600).
Page 17