``` 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`** |||**`Page`**|| |---|---|---|---| |**`Report of the Trustees`**|`1`|`to`|`6`| |**`Independent Examiner's Report`**||`7`|| |**`Statement of Financial Activities`**||`8`|| |**`Balance Sheet`**||`9`|| |**`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 ```