2025-03-31-accounts - Maidenbower Baptist Church

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Registered Charity No. 1168113 FINANCtAL sfATEMEKfsFOR THE YEARENDED 31 MARCH 2025 Contents: Pagel-2 Trustees Report Page 3 Independent Examiners Report Page 4 Receipts & Payments Account Page 5 Ststement of Assets and Liabilities Page6-7 Notes to the Accounts David cke & Co Chartered Accountsnts 5 Briar Close Banbury Oxon OX16 9DS

Page I The trustees have pleasure in presenting their report and the Financial Statements of the Church for the year ended 31 March 2025. Reference and Administrative Details The Church is a registered Charity no. 1168113. The church address is: Maidenbower Baptist Church. Maidenbower Square, Crawley, RHIO 7QH. The charity trustees for the pu]pose of these accounts comprise the officers of the Church. The Church officers during the year were as follows: Pastor leremy R Walker Mr Michael D Finn (Deacon) Mr Timothy R Norton (Deacon) Objertives and Activities Maidenbower Baptist Church exists for the advancement of the Christian faith according to Baptist principles and in accordance with the Basis of Faith as stated in Schedule l of our legal Constitution. Maidenbower Baptist Church may also carry out other charitable purposes in the United Kingdom and/or other parts ofthe world. Acting with due regard to the guidance issued by the Charity Commission on public benefiL Maidenbower Baptist Church has set out to glorify the God of the Scriptures in promoting his worship, evangelising non-christians. encouraging Christians, hosting conferences, providing audio-video rne5sages, serving and strengthening this and other churches, and showing benevolence to the needy. Structure, Governance and Management Maidenbower Baptist Church is constituted as a church. governed as a church by its Spiritual Constitution and as a charlty by its legat Constitution. Its trustees are elected by the church as a whole. The trustees meet regularly in order to condurt the day to day business of the charity, and have two formal trustees, meetings annually. and as required for any other significant issues. Achlevements and Performance During the year in question. Maidenbower B3Ptist Church has maintained 3 regular schedule of preaching and teaching of the Bible to people of all ages and backgrounds in. around and beyond our immediate sphere. This includes Crawley more widely, various places around the United Klngdom, and overseas. We have also supported ministry in plac including Albania, Australia, Cyprus, DenrnarK Finland, Kenya, Lithuania, Moldova, the Netherlands. the Philippines, Portugal, Romania, Sweden, the United Ststes, and Zambia, both financially and in providing counsel and encouragement in these and other places. A variety of benevolent investments have been made within and around the immediate congregation of the church, and the members of the church have been often engaged in ministering both in word and deed to friends, neighbours, and others in need in Crawley and beyond. We have initiated or Sustsined, or participated in, a number of community activities.

Page 2 TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (ConL) Achievements and Performance (continued) In carrying out its activities in the year under review, the trustees have had regard to the public benefit guidance issued bythe Charity Commission and are satisfied that the activities mentioned above have all been for the public benefiL Flnancial Review Funds are used to Pay 3 pastorfs salary and a fonner pastor's pension, to maintsin the church premises in a state fit for purpose, to support other churches and missionaries. to provide benevolence, and to fund various other projects as 3ppropriate. Maidenbower Baptist Church maintains a reserve principally against critical rnaterial need in this or other churches in this or other countries, unexpected failure of or need regarding the fabric of our premises. and the provision of gospel ministry (especially the fin3ncial support of additional preachers) in this or other congregations. The principal source of Maidenbower Baptist Church's funds is the voluntary giving of church members and other friends. During the year under review, payments exceeded receipts by approximately £5.100 (2024, deficit £17,500). This was on account of restricted fund donations received in the previous year now being expended. All funds are disbursed in accordance with biblical principles of charity and integrity. The trustees consider that the state of affairs of the charity 15 satisfartory. On behalf of the Pastor & Deacons Date: 10 June 2025

Page 3

INDEPENDENT EXAMINER’S REPORT

TO THE TRUSTEES OF MAIDENBOWER BAPTIST CHURCH

I report on the accounts of the Church for the year ended 31 March 2025, which are set out on pages 4 to 7.

Respective responsibilities of trustees and independent examiner

The church's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 44(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts under section 145 of the 2011 Act;
To follow the procedures laid down in the General Directions given by the Charity Commissioners
under section 145 (5) (b) of the 2011 Act; and
To state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that, in any material respect

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

David Cooke MA (Oxon) FCA FCIE David Cooke and Co. Chartered Accountants 5 Briar Close, Banbury, Oxon. OX16 9DS

Date: 10 June 2025

Page 4 MAIDENBOWER BAvfisT CHURCH RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted 2025 2024 Total Note Recelpts Voluntary income Investsnent income 156,631 1,370 14,319 170,9SO 1.370 144,320 1.169 Total recelpts 158,001 14,319 172,320 145,489 Payments Cost of Generating Funds Charitable Activities 1,432 142,422 1,432 173,693 378 139,070 31,271 143,854 31,271 175,125 139,448 Asset purchases 2,307 2.307 23,548 Total payments 146,161 31,271 177,432 162 996 Net recelpts 11,840 (16,952) (S,112) [17,507) Transfers between Funds lJ,84n (16,952) (5,112) (17,4n7) Cash Fund5 brought forward 214,196 21,266 235,462 252,969 Cash Funds carrled foThwrd 226,036 4,314 230.350 235,462 The notes on pages 6 and 7 form part of these financial statements".

Page 5 MDENBowER BAPTIST CHURCH STATEMENT OF ASSETS AND LIABILITIES ASAT 31 MARCH 2025 Unrestricted Restricted 2025 2024 Assets Cash Funds Treasurers Account Instant Access Account 101,768 124,218 4.364 106.132 124.218 112,614 122,848 225,986 4,364 23350 235,462 Debtors Gift Aid Tax Reclaim 17,520 17,520 11,085 243 506 247.870 246,547 Assets retained for charity's own use Fund Freehold property Furniture & Equipment ElectroiJic/computer equipment General General General Liabilities Due within one year 500 500 Approved on 10 June 2025 Treasurer er The notes on pages 6 and 7 forn] part of these financial statements.

Page 6 MAIDENBOWER BAPTIST CHURCH NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 l. Accounting Pollcies The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Church's Financial Statements. oun The Financial Statements are prepared under the Historical Cost Convention. Because the Church's income is under £250,000 the accounts are now prepared on a Receipts and Payments basis. to avoid the need to comply with the Charities SORP (FRS102). Don2tions represent cash received during the year, including tax repayments received. Charitsble Artivities Income comprises the sale of Christian books and other materials. Investment income comprises interest received from money in deposit accounts. The cost ufgenerating funds are costs incurred in promotlng the Church and its work Charitable Activities Expenditure comprises all expenditure directly related to the Church's objects. Unrestricted Restrlcted 2025 2024 2. Costs of Generating Funds Printing & internet costs 1,432 378 3. Charitable Activities Staff costs (note 7) Other Ministry & Missions (note 4) Property Expenses (note 5) Administration expenses (note 6) Governance costs 97,039 28,366 14,142 2.375 500 97,039 59,587 14,142 2.425 500 96,164 21,224 19.186 2,001 495 31,221 50 142,422 31,271 173,693 139,070 4. Other Ministry and M155Jons Conference LDsts & Hospitality Other preachers Missionary & Relief gifts Sernion Audio Diaconal fund 4.808 4.318 17,225 1,216 799 4,808 4.318 48,446 l.Z16 799 825 2,538 15,481 677 1,703 31,221 28,366 31,221 59,587 21,224

Page 7 MAIDENBOWER BAPTIST CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 (Cont) Unrestricted Restricted nds 2025 2024 Total 5. Property Expenses Light & Heat Water rates Insurance Repairs & Maintenance 4,007 134 1,219 8.782 4,007 134 1,219 8,782 3,184 26Z 88 15,652 14,142 19,186 6. Administradon Expenses Telephone & internet costs Office & administration 1,194 1,181 1.194 1.231 1,116 885 50 50 2,001 7. Employee Informatlon Gross wages & salaries Employers, National Insurance Pension scheme payments Employees, travel expenses Employees. other expenses 84,024 2,078 6,039 3,567 1.331 84,024 2,078 6,039 3.567 1,331 80,554 1,682 5,995 5,932 2,001 97,039 96.164 The average number of persons employed durlng the year was 2 (2024: 2). One employee received remuneration in the band: £60,000-£70,OOOp.a. No trustee received any remuneration or expenses, apart from Mr Jeremy Walker for his work as pastor of the church, whose remuneration is included in the figures above. 9. Restricted Funds Brought Forward Received C.2rried Forward Paid Transfers S Chammo - Sweden Marinduque Land Fund Gospel Endeavours 85 20,125 1,056 85 [20,125) (11.146) 14,319 4,229 31.271 4,314