REGISTERED CHARITY NUMBER: 1164766
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
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 2024
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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 2024
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2024. 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 2024
ACHIEVEMENTS AND PERFORMANCE
WeaspiretonurtureandencourageindividualsintheirownspiritualandChristianformationandtoseemore people
come to faithin Jesus Christ.Also, being'lightand love' in the communityis vitallyimportantto us, and togetherwe want
toeffectivelyservethesurroundingarea.'LovingGod,LovingFleet'isnotonlyanapttaglineforusbutalsoa holy
ambition.
As of 31st December 2024, our membership was 123. During 2024
* 4 people were received into membership
* 5 people were baptised
* 5 persons resigned
Lookingback,2024hasbeenafruitfulcontinuationofanencouragingmomentumthathasbeenbuildingover several
years.
Ateachingseriescalled'ThisHouse',giveninAutumn23,actedasagoodfoundationtofurthersolidifythe core
characteristicsandemergingcultureofFBCduring2024.InessencethisseriesexploredhowFBCistobeahouse of
welcome;ofworship;oftransformation;ofGod'spresence;ofprayer;andoftheprophetic.Alongside these
characteristics,we alsodesiretobelightintoourcommunities.Thesedistinctivescontinuetobeunderlying foundations
of all we seek to be and do.
A few chosenhighlights!Once again,our two Alphacoursessaw several peopleeitherfind faith,find friendships,or find a
home. Some found all three! It's exciting to see many Alpha participants now integrated into the church family.
Toddlealong,ourbaby&toddlergroup,continuedtogrowinnumberandinappreciation,asdid'Powerhouse', our
Sundayprogrammeforchildren.OtherministryareaswithinFBC,suchasPrayer,Men'sMinistry,WovenWomen and
Teachingwereresourcedandreplenishedwithgiftedandequippedpeopletoundertakevariousresponsibilities within
each area.
Our'ConnectGroups'weregivenfreshimpetusandprofilethroughouttheyear.Connectgroupsaresmaller relational
hubswhichmeetregularlytobuildfriendshipsanddeepenfaith.Theyofferspaceforencouragement,support, spiritual
growth, fun and teaching.
Our in-personSundaymorninggatheringshave continuedto be incrediblylively!They were very well attended,and many
newcomersvisitedonaregularbasis.FAB(FamilyAll-InBreakfast)-ashorterSundayall-inservicewithbreakfastin the
middle- continuedmonthlytoofferawonderfulopendoorforthosenewtochurchandprovidedagreatwayto foster
conversationandbuildcommunity.Wehaveappreciatedthe'KingdomCome'eveningsonthefirstWednesdayof every
month, giving space to dwell in God's presence, to worship and to pray.
HartFoodbankcontinuedtoflourish.AsachurchwearedelightedtoworkalongsideHartFoodbankandprovide the
venue-basethey need to engage with clients,offer storage space, utilisea kitchen,and installrefrigeration.Hart Foodbank
receivedandgaveaway37,000kgoffoodandhouseholdproducts.TheopeningofFleetCommunityPantryin our
renovatedgarageatthebottomofthecarparkhasbeensuccessfulasasourceoffood,advice,andeducationto help
peoplehelpthemselves.Memberschoosefromawideselectionoffooditemsforasmallfee.Bytheendof2024, the
Pantry had signed up 123 members. Local MP Alex Brewer visited the Foodbank in November.
OtheractivitiesincludedaFoodbankSunday,wheretheministryofFoodbankwasexplained,hostingtheWorldDay Of
Prayer,a Newcomerslunch,a Church'BringN Share'Eastermeal,a TreasureHuntofferingprayeron the streetsof Fleet,
anFBCPre-SchoolEasterFayre,BaptismservicesandinvolvementintheFleetChristmasFestivalalongsideour regular
arrayof meetingsandevents.We alsobenefittedfrom guestspeakersincludingRachel& GordonHicksonandHelen Azer
from'HeartcryForChange',andCliveCorfield.Theyallbroughtinspirationandencouragementtousaswellas key
training in specific areas.
Page 2
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2024
FBCbecameaCAP(ChristiansAgainstPoverty)DebtCentre,somethingwehadbeenworkingtowards.Topartner with
CAPinthiswayisreallyexcitingandimportantastheirwholeethosistohelppeopleoutofdebtandpovertyand see
them become followers of Jesus. We will have a launch Sunday in the new year and see this expression grow.
Therewasacontinuationofnetworkingandfriendshipwithotherchurchesandministersintheareaand 'Christians
Together'. Hosting the 'World Day of Prayer' and involvement in Fleet's Christmas Festival are examples of this.
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
loveandgenerousserviceofourchurchfamily.Itiswonderfultoseenewpeoplejoiningusandbecoming integrated
within the church family.
FINANCIAL REVIEW
Financial position
TheChurch'saccountsfortheyearended31December2024aresetoutonpages8 to17.TheChurch'smainsource of
incomeis offeringsanddonationsfrommembersandattendeesandtheassociatedgiftaidclaims.Expenditureover the
yearhassupportedtheactivitiesofthechurchbysupportingstaff,providingforministries,maintainingproperty, and
making gifts and grants.
Unrestrictedincomedecreasedby2.6%to£172,425(2023:£176,950).Incomefrombankinterestroseby approximately
£1,600butallotherincomesourcesshowedadecrease,includinga10%decreaseindonationsanda55%decrease in
rentalincomeowingto an agreedadjustmentbetweenthe Trusteesandstaff.Fluctuationsin membershipand variations
withinourcurrentcongregation'sindividualeconomiccircumstancesobviouslyinfluencetithesandofferings,and once
again, we cannotunderestimatethe changes and uncertaintyin the wider economy upon people's own financial positions,
including the ability to Gift Aid their donations.
Unrestrictedexpendituredecreasedby7.9%to£184,691(2023:£200,469).Staffchanges(during2023)resultedin a
decreaseofapproximately£20,000instaffcosts,althoughfeesincreasedbyapproximately£3,700. Unrestricted
charitabledonationsalsodecreasedbyapproximately£4,800.However,maintenanceandequipmentrose by
approximately£6,700to £27,000,mainlyowingto significantexpenditureon replacingwindowsand a doorand driveway
alterations.
Afterthis,theChurch'sactivitiesin2024ledtoanexcessofresourcesexpendedoverincomingresourcesof £13,362,
being a deficit of £12,266 on unrestricted funds and a deficit of £1,096 on restricted funds.
Page 3
Fleet Baptist Church
Report of the Trustees for the Year Ended 31 December 2024
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 2024 unrestrictedcash reserves were £228,695(31 December 2023: £215,694),well above the budgeted
reservespolicyminimumfigureof25%ofannualbudget(£48,168).Forthe2025Budgetthereservespolicyfigure is
£50,792.
FUTURE PLANS
We are excited at the evolvingcultureof FBC and particularlythe amountof people impactedby the churchcommunity in
all ourvariedevents andexpressions.The momentumof missionandministryis increasingandwill continueto gain even
moretraction.We expecta continualgrowthanddiversificationin attendanceon Sundaysandin ourmid-week activities
aswewelcomemoreregularnewcomersandmembers.WehopeandprayformorefruitfulAlphacourses, vibrant
collective worship and an expansion of involvement from members.
Ourreachwithinthe communitywillcontinueto expanddue to ongoingdevelopmentswithinFoodbank,the Community
Pantry,ourCAPDebtCentreandToddlealong.Seeinganincreaseinnewfamiliesjoiningushasalreadygenerated the
needforustoprioritiseourdeliveryofgroupsandactivitiesforchildrenandyoungpeople.OurmonthlyFABSunday 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 2024
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
S Rinaldi Treasurer
M J Lewis
M Corr
B Gillman
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 2024
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 27 October 2025 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 2024.
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
27 October 2025
Page 7
Fleet Baptist Church
Statement of Financial Activities
for the Year Ended 31 December 2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
162,563
Other trading activities
3
4,300
Investment income
4
5,562
Other income
5
-
Total
172,425
EXPENDITURE ON
Charitable activities
6
Ministry
88,717
Establishment
65,644
Mission and Events
30,330
Total
184,691
NET INCOME/(EXPENDITURE)
(12,266)
RECONCILIATION OF FUNDS
Total funds brought forward
640,294
TOTAL FUNDS CARRIED FORWARD
628,028 |
Restricted
funds
£
-
-
-
-
-
596
500
-
1,096
(1,096)
5,090
3,994 |
31.12.24
31.12.23
Total
Total
funds
funds
£
£
162,563
169,551
4,300
9,650
5,562
3,969
-
200
172,425
183,370
89,313
107,014
66,144
63,727
30,330
35,375
185,787
206,116
(13,362)
(22,746)
645,384
668,130
632,022
645,384 |
|
|
|
The notes form part of these financial statements
Page 8
Fleet Baptist Church
Balance Sheet
31 December 2024
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
£
375,250
28,024
228,695
256,719
(3,941)
252,778
628,028
628,028 |
Restricted
funds
£
1,000
-
2,994
2,994
-
2,994
3,994
3,994 |
31.12.24
Total
funds
£
376,250
28,024
231,689
259,713
(3,941)
255,772
632,022
632,022
628,028
3,994
632,022 |
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 |
The financialstatementswere approvedbytheBoardof Trusteesandauthorisedforissueon27 October2025and 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 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewith the CharitiesSORP (FRS 102) 'Accountingand Reportingby Charities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicablein the UK and Republicof Ireland(FRS 102) (effective 1 January2019)', FinancialReportingStandard 102
'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andtheCharitiesAct2011. The
financial statements 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 2024
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
ThechurchparticipatesinapensionschemeknownastheBaptistPensionScheme.Deficitcontributionsto the
definedbenefitelementoftheBaptistPensionSchemewerechargedtotheStatementofFinancialActivities but
duringtheyeartherequirementtocontinuethesedeficitcontributionsceased.Contributionstothe defined
contribution element are charged to the Statement of Financial Activities in the year to which they relate.
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 |
31.12.24
£
129,715
32,848
162,563
31.12.24
£
4,300
31.12.24
£
5,562
31.12.24
£
- |
31.12.23
£
144,405
25,146 |
|
|
169,551 |
|
|
31.12.23
£
9,650
31.12.23
£
3,969
31.12.23
£
200 |
continued...
Page 11
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
6. CHARITIES ACTIVITIES COSTS
CHARITIES ACTIVITIES COSTS |
|
Ministry
Establishment
Mission and Events |
Direct
Costs
£
89,313
66,144
30,330 |
|
185,787 |
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: |
|
|
|
2024 |
2024 |
2024 |
2023 |
|
Unrestricted |
Restricted |
Total |
Total |
|
£ |
£ |
£ |
£ |
Gifts and grants payable |
|
|
|
|
Grants to people |
- |
- |
- |
4,945 |
Baptist Missionary Society |
13,050 |
- |
13,050 |
11,333 |
Wycliffe |
2,687 |
- |
2,687 |
2,375 |
Fleet and Crookham Churches
Together in Schools (FACCTS) |
6,500 |
- |
6,500 |
5,500 |
Compassion UK |
- |
- |
- |
2,000 |
Open Doors |
2,700 |
- |
2,700 |
2,200 |
Other* |
2,221 |
- |
2,221 |
1,915 |
FBC Pre-School |
1,925 |
- |
1,925 |
3,500 |
|
|
|
|
|
|
29,083 |
- |
29,083 |
33,768 |
|
|
|
|
|
*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 (2023: none).
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31December2024norfortheyear ended
31 December 2023.
continued...
Page 12
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
8. STAFF COSTS
8. |
STAFF COSTS |
|
|
|
|
|
|
|
|
31.12.24 |
31.12.23 |
|
|
|
|
£ |
£ |
|
Wages and salaries |
|
|
30,160 |
48,534 |
|
Social security costs |
|
|
- |
784 |
|
Other pension costs |
|
|
1,339 |
2,245 |
|
|
|
|
31,499 |
51,563 |
|
The average monthly number of employees during the year was as |
follows: |
|
|
|
|
|
|
|
31.12.24 |
31.12.23 |
|
Associate Pastor |
|
|
1 |
1 |
|
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 |
163,131 |
|
6,420 |
169,551 |
|
Other trading activities |
|
9,650 |
- |
9,650 |
|
Investment income |
|
3,969 |
- |
3,969 |
|
Other income |
|
200 |
- |
200 |
|
Total |
176,950 |
|
6,420 |
183,370 |
|
EXPENDITURE ON |
|
|
|
|
|
Charitable activities |
|
|
|
|
|
Ministry |
105,987 |
|
1,027 |
107,014 |
|
Establishment |
63,227 |
|
500 |
63,727 |
|
Mission and Events |
31,255 |
|
4,120 |
35,375 |
|
Total |
200,469 |
|
5,647 |
206,116 |
|
NET INCOME/(EXPENDITURE) |
(23,519) |
|
773 |
(22,746) |
|
Transfers between funds |
|
3,588 |
(3,588) |
- |
|
Net movement in funds |
(19,931) |
|
(2,815) |
(22,746) |
|
RECONCILIATION OF FUNDS |
|
|
|
|
|
Total funds brought forward |
660,225 |
|
7,905 |
668,130 |
|
TOTAL FUNDS CARRIED FORWARD |
640,294 |
|
5,090 |
645,384 |
continued...
Page 13
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
10. NET MOVEMENT IN FUNDS
|
2024 |
2023 |
|
£ |
£ |
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 |
26,914 |
31,097 |
11. TANGIBLE FIXED ASSETS
COST
At 1 January 2024
Additions
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023 |
Freehold
property
£
462,150
-
462,150
78,877
10,069
88,946
373,204
383,273 |
Fixtures
and
fittings
Equipment
£
£
77,587
45,544
-
715
77,587
46,259
62,361
41,594
14,698
2,147
77,059
43,741
528
2,518
15,226
3,950 |
Totals
£
585,281
715 |
|
|
|
585,996 |
|
|
|
182,832
26,914 |
|
|
|
209,746 |
|
|
|
376,250 |
|
|
|
402,449 |
FreeholdPropertycomprisestheChurchpremisesandtheManse.ThenetbookvalueoftheChurchpremises at
31 December 2024 was £274,499(2023: £282,371)and the net book value of the Manse at 31 December 2024 was
£98,705 (2023: £100,902).
Equipment includes sound and other equipment.
continued...
Page 14
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
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
Unrestricted funds
General fund
Restricted funds
Charity Fund
Emmanuel Fund
Toddle Along
Fixed Asset Fund
TOTAL FUNDS |
|
31.12.24
£
2,538
24,730
756
28,024 |
31.12.24
£
2,538
24,730
756
28,024 |
|
31.12.23
£
1,897
25,146
726
27,769 |
31.12.23
£
1,897
25,146
726
27,769 |
|
|
|
2024 |
|
|
2023 |
|
|
|
£ |
|
|
£ |
|
|
|
|
|
|
|
|
|
|
15,007 |
|
|
23,685 |
|
|
134,157 |
|
|
115,467 |
|
|
|
801 |
|
|
477 |
|
|
|
81,724 |
|
|
79,654 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
231,689 |
|
|
219,283 |
|
|
|
|
|
|
|
|
|
At 1.1.24
£
640,294
681
497
2,412
1,500
5,090
645,384 |
31.12.24
£
3,941
Net
movement
in funds
£
(12,266)
-
-
(596)
(500)
(1,096)
(13,362) |
|
|
31.12.23
£
4,118
At
31.12.24
£
628,028
681
497
1,816
1,000
3,994
632,022 |
|
continued...
Page 15
Fleet Baptist Church
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Toddle Along
Fixed Asset Fund
TOTAL FUNDS |
Incoming
resources
£
172,425
-
-
-
172,425 |
Resources
Movement
expended
in funds
£
£
(184,691)
(12,266)
(596)
(596)
(500)
(500)
(1,096)
(1,096)
(185,787)
(13,362) |
Resources
Movement
expended
in funds
£
£
(184,691)
(12,266)
(596)
(596)
(500)
(500)
(1,096)
(1,096)
(185,787)
(13,362) |
|
|
|
(1,096) |
|
|
|
(13,362) |
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Charity Fund
Emmanuel Fund
Toddle Along
Fixed Asset Fund
TOTAL FUNDS |
Net
movement
At 1.1.23
in funds
£
£
660,225
(23,519)
4,269
-
497
-
3,139
(727)
-
1,500
7,905
773
668,130
(22,746) |
Transfers
between
funds
£
3,588
(3,588)
-
-
-
(3,588)
- |
At
31.12.23
£
640,294
681
497
2,412
1,500 |
|
|
|
5,090 |
|
|
|
645,384 |
continued...
Page 16
Fleet Baptist Church
Notes to the Financial Statements - continued
for the Year Ended 31 December 2024
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
Fixed Asset Fund
TOTAL FUNDS |
Incoming
resources
£
176,950
4,420
-
2,000
6,420
183,370 |
Resources
Movement
expended
in funds
£
£
(200,469)
(23,519)
(4,420)
-
(727)
(727)
(500)
1,500
(5,647)
773
(206,116)
(22,746) |
|
|
|
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
structuresand scenarios,Ms Sue Rinaldi,a trustee, was paid £28,319 for her responsibilitiesas WorshipPastor and
Team leader, alongside other administrative and general duties.
There were no related party expenses during the year..
In 2024, the Trustees made total unrestricted donations of £10,675 to the Church.
Page 17