Charlty re8l&irutiDn h*mber 1169191 LEIGH ROAI) BAPTIST CI.IURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 LEIGH ROAD BAVfflST CHURCH LEGALAND ADMtNISTRATIVE INFORMATION Thi&te¢ REvd A cO￿.1¢Y Mrs C Bell Mrs S FIAck Mr Djaxo Itcvd I Sniilh MrA RvthErh&m Dr L N&gl¢ (Appoliited l May 20231 IAppDintrd 22 Jufte 20231 (Appointed 16 November 20231 (Appolntsd 16 Novomber 20231 IAppoinl¢d 16 Novcmter 20231 Mr$ H Pickyord Mrs P Scolt Charjty nllmbtr 1169192 Aydltor Fr4n¢iJJnmts & Pirtn¢r$ LLP 1386 London Road Leigh on Soa P,n81ond S$9 2UJ Bankerffj HSBC Soulh¢nd on Sej SSI ITJ B*f¢14y% lJanL PLC Churchill Pla¢¢ Londo London E143HP Bapllsi Union of Gr¢hi Brltsin Bapli81 HousE PO Llox 44 129 ljroodwoy Didcot OXI18RT CAF Bank Lid 25 KloKs Hill Aveniie Kings Hill W&41 Mlllli Kcni England ￿￿19 4JQ LEIGH ROAD BAPTIST CHURCH CONTENTS Pa¥¢ Trusteos, r¢port Si&iem¢ni ol'iriisiees, r¢5ponsibilili¢s Indcpendeni ?Iidliols repr)ri St4i¢fftenl oifillBnBlal aeiivllio% Jlfil4n¢e shetsi No￿5 io Ili¢ linancl81914l¢mcoi9 14.26 LEIGH ROAD BAPTIST CHURCH TRusfEESI REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 I'hc Iriistee& preqonl Ih¢ir r¢poTI and finbneial $l&loJwJiis ltir the vear ¢nded 31 Dc¢cnibcr2023. Thc Iru%lee¥ hdvt lh¥ pr(kviSits￿$ i)fALcf)unlinx wd Rey)riing by Churilics,. SbJlLJT)Eiil uf Rcci)rnm¢iid¢d plleahlt in the IJK ènd Repiihltt ftfireluTrd IVR8 1021 l¢ff¢cIi￿ l Janiiarv 2Q191. sl&tcmenis artd c¢niply wilh Ihc Chtsrily's Bov¥rftin& dociirnenl, th¢ Chariiies A¢1 2011 arnd 'Accoiinling 2nd R¢porting by Charilie$.' SiaieTlltnl ofRecomm¢nikd Pmciite gppli¢Rbl¢ ia chttritie% prepyrir)& Ihcir •CfnLinls in accordAiice with Ihe r￿InanCI￿1 Rcporting Standkrd Jpplicnblc in th¢ UK Hcpiiblic ofiyoltsnd IFRS 1021" l¢ffccilvr l Joiiuqry 20191. ObJ¥¢llvei An41 a¢tlvltl¢s 'rhe Approv¢d fJovemi118 1)ociimcnl stHIE¥ Ihoi IhE princlpol pl1rpr)￿ Dt. lh¢ chAriiy is 'ihe udv&ncemeni of Ihe ChTIRlitsn fniili J¢cording 10 Ihc prineipley of the Utspiiyl d¢nnminaiiDll lo In¢li¢dc (h¢ adi'llnttm¢iil ofediictsiioD, ¢onimiinil>' service And %iieh Th¢ Iru¥ive¥ havo paid diie r¢it>rd 10 8u5d&nec Issiitd Ilit Ch#rily Commi%%iibll in decidiThg wh¥1 Uelivili¢g Ihc Clarity shoiild undcriak¢. Athleverncrjls ptrftsrmince Slgrllfjc￿nI ocilvllie.i ah7da¢lilev8Meni$ uxtsljisl ¥w￿lIY&S chll￿h OClivilic% liai'e tonilTrucd Ihmii￿h1>uE 2023. Wo ¢Dn1lnL￿ 1¢ ycrv¢ Ihc ¢ommiiniiy. B¢low urc yosnc of Ilio whys LRnc hRM to achlev¢ Its purpoy¢ duTIII8 2n23. R•%ulir publlc goil5erlD￿ of ClirlsllBn ivntship coiiiiriiied 10 bB lil'¢ ¥I￿o￿led #y ivell os thn.slie giiiierln8s, We rAll l%VU oii-¥ire Siinddy scrvi¢¢5 durinK 2023.. A 9.,00am rcflcclivc morning llalhcring wès liold monllily Jnd ¢v¢ry w¢ck 8 10..3tJBm gnih¢rin¥ which was 11ve-sl￿fjrned Teachln¢ ￿ eq￿lP pcople fot$haiinK Ciod'i love in Ih¢ireveryday Ilvu h•5 iiicliidtd 5vri¢s 0n.' rindin¥.ioy sn u frottlic world I$iiDh.. l.ife. ¢onfidollc¢ & a Irii%i sn Ciod Ill Jjook of luhn.. Livtnl us lh¢ p¢ople ofciod Wnmen oftli¢ Flihle I,cni & Rosler serlo8 7. Adv¢ni 8erie5 ¢nlitled B¢ocony LhriMni45 8ervt¢¢5 nur childr¢n and fgmilie% i¥ork etsii1iii￿d iviih 8roiip¥ on ,%iindBy mi)rninLI¥, Oy iwcII mld.wcek FJri8hi %poyKY ¢r(>iip fnr pllreni￿E￿rerB and yoiing childr¢n And Britshe¥ & Paiiii oiinrd ￿1 2 10 4 }'ear.old& In 4ddilinD. tlin thy8 and Alime days i4rre dllriiig ihe ￿tster iiid Svinrner hr¢&k.Y. A 8undtty nighl Youih gmiip ru Ihrouglittui 2023, Ttrencoiir&gc th¢ Icllow3hlp ttsp¢¢l ol'beiThg D Chiirrk tomily, sever￿1 ¢vcnis IDkcrt ploec in¢liiding A Barn Dance, E.'i4h und Chlp tvL'niny, 14arve81 pl/￿ qiiiz ni¥hi, Aiiiiimis Mus1¢ L4venin¥ Mttd durin¥ the summor ()peD (iJrd¢ii plLnic cvcnl¥ i>n 8undJv.¥ alier Ihe service. LEIGH ROAD BAPTIST CHURCH TRUSTEFSI RFPORT (CONTYNUED) FOR THE YEAR EI4IDED 31 DECEI MBER 2023 Smthll groups h4ve ¢oniinuts(t Me￿171￿ in PeT%0￿. oIEen using queslioo$ aroiiiid the Stsndny gnitheTiNg lo ftid diseu8sioii and tu oncDurugtt etsoh olhtti l<) gn]iv iii f￿. ith Jnd d1*ciple￿hjp. ThLik'Q urtyiipx Mre deFi#ii¢d he infi)rmul ivrtkly wuihL'rin¥8 vr trie￿18 or p¢opl¢ willi coinmoii exp¢rieiiety Ènd circ1111151uoLe¥. Bomfyb)$ Ptllowship rttoels on a'fi￿$￿0Y lo providc A BNlhEring ol'worihip and teachin8 which 15 open to oll. And ¢Teale% Ihc'fek Ur& Frojecl in'l'irnnl, AlbAni8. L.Inks, fi rnid-week groiip m¢¢is lo provide envirnnmtrnl For Iricndship and 80cial #divilic¥ ltir Iht bcnctil ol. Ih¢ local lThe 'ili¢ loiving Rooin, ha¥ opeittied Ihmii8lioul Ihe yeor. (iroiips Iiicludd R¢nL'W Wcllheiiia, C.'mn fJro¥p. Rv01￿ for Arl, Viijvl LV¢￿5￿8. Sh&r&d Reiding, I'riday I'ri¢nd, ¢h#tting 10 wyscr5-by on 'lhur5davs aiid Ihe tslobal (.'ornmiinity .58iiirdAy monihly LRBL pre.schi>DI hii gone froin 8lren8lh io ¥lrciigih whi151 muiiiiJliiinB b¢¥1 pri¢ii¢c lo hclp £hlldr¢ii Brow devolop. 'fhe ciirrenl 0[￿ed yyadin815'Qood' We hfyvc Co￿1)n￿ed as o 'bood ￿fvnk' colle¢iloii poini. 8cv¢tttl ChiiTch nieMb¢rs hove i*obillyed Iheir $lreels io doiia¢e goods And knv¢ #ven voliiThie¢red lo cull¢¢l 8oodi froiii door31¢ps ai ¥peL'ific liiiie¥ &Dd Iransporl Ihtriii 10 l.Rf4L. Monttiury donthilons huv¢ Rlxo heeii ilvon to lo¢ol ¢hfjril>QY iYhD %upport Ih¢ vuln¢rnblc LIIBC is ¢ parlntr church uf Soiiihend Chri$1ian A8*1￿*t l>oveiiy l)ebt Advi￿ C¢nl¢e 18CI)AC.I, olY¢rin¥ finincityl %llppDrt. bclrienders and e Chnrlly lryykc. 'fiit d¢bi %ervic¢ li•* Coiiliniicd io b¢ in hi8h demiilid IAkin8 on ￿arrY 00 new clleni$ iii 2023 The Christmas Fyyre ivas aiairt 11 ¢r¥ai suc¢¢ss ¢oinbinin8 fundrai%in8. coinmiiiiilj uw4r¢ncY5 of gnvir(>nInenlBI i8queq. Thiy allowcd Ilios¢ oui4ide the irnrn¢di2￿ church lo metl nieiiib¢r* & frii'iid& of LRUC Aiid l?uild in th¢ ¢ommiiniiy a5p¢¢I of l*¢ church. li also alloiv¢d On opportiinily for lorul rrhn makLpr¥. orll%Un3 und irilsll lo IfAd¢ beforg ChrisiTrA¥ On th¢ Inierniilionttl $18ge. wc ¢Olllinu¢d 10 support (>vcrseos ￿]155100 ond old orAhnisaii011s 8lleli os fck UM in Albaniu. Ili¢ Bapii$l Mis$ion)ry Soci¢ry Èiid Ncw Trlb¢s fvtission. Wt rnoiniiilnt￿ ¢loK Tic¥ lo Tck Urn lollow(ng a vi$li by 2 ¢hiirch mcnibeis in 2022 willi 4 f¢llow up ¥isii pltLnned for 21>24 Ilh¢$¢ Irlps wcre ¢Jonc Rf Ili¢ mcmb¢r8 own cxp¢is¢l LRBL Yoltrnieers Itd Ihc childr¢￿,.9 work #i L¢i8h i olk l.¢silvkl. lh¢ UK9 lar£C￿ fre¢ folk fe$iival, prnvtdini ocllilili¢s and erlllls for ovcr 500 ¢hildreTh acros¥ Iwo dTrys. Oth¢r LRBC %'oliinie¢'r%,IDinL'd Ihc r(>lk fesliviil ICHM 10 %%1 lip the girnt ind lo pa¢k away ¢kor lip tsfttrwards I.RBC lennis CILib COlllinii¢d 10 provide # W¢1￿￿1￿£ ¢nvironmtrni for ptople ofall tsbililie.% aiid fjges to eryio> outdoor etnnis. .lunior ¢oachiig iuoL plkncc ¢very week wilh re8ultsr t¢nnl¥ cvoniy and pAriles ts$ well &4.%rsyiiiiiy fir child#¢n willi ¢du¢niionlll or m£nthl hejllh rnE¢dy We r4n an Alphu Loiirs¢ for Ihrjsc who Arc gxplorlng the Christian fAilh. An 'sfter Alpha" 8rniip mel lhTniiBho￿l lh¢ r¢si or 2023 I'hre ivig u ChiiTch wttkond 81 Illghloigh conforeiicE c¢nire Ill S.lerifordshlrg. 'lThe iheille iw5$ kntyiYiii8 wlial yOLir fronili¥i¢ Ivo%, le Jppreciaiin8 wlio &rc (lit people we should bc sli4ring CJod.s lo%e 4iid care iviih. 'fhe $Èssions I￿r¢ lcd by Rev Ken eojaihin for Iho LIC'C. f)Q peopl¢ sitsyod for Ilio weekend 4 ¢nme for the S*ttirdily. TlrTe ivis iio f¢¢ tbr Ihc wcekend bLII Ihosc amending WCT4 asked ts dthDei¢ what Ilicy could thtrord. Tho ¥enior p1151orAndrew CowlEy wo.4 seconded 10 iho BU Ivork ènd th¢ ¢hiirch fe¢eivcd & hoRor8riun) from the ljhplisi Unffioji. The resultani ivork- Wh3 b4¢k- fill¢d by lh¢ ns9i91ani pastor lan 8rnllh. LEIGH ROAD BAPTIST CHURCH TRUSTEES, REPORT (CONTTNUEDI FOR THE YEAR EDIDED 31 DFCEMBER 2023 2024 PrioYlti¢$ O￿n n12r premistrA lo chiircli end community 4¢tlvitK8 alld build rela1lonshl￿ with Dur ncighhour8 exprevion thf oiir Lonlinue lo oxplore ncw Minisiry oppDrtuiili¢& M'iihin the Llving Roiirn, 191 1.ei8h Hoad promiseg, rcsponding Iv ¢omniiinity necds idLJY. Thk key Ht¢ay ideniifiEd by lh¢ eotllintsliily #rL' rnienlMI heuiih w¢llbeinu lukrLihLr iviih L'nvirunmenlal oii¢ern¥ Dnd i5511c.s. SO ive aim lo furlh2r dcvelDP our (ilobal Lommunily Saiurdayli •nd th provid¢ A saft and relftxcd spac¢ dt%i¥ncd lu pr(>M0￿ emuii(Inrtl w¢llbcinLN in piirlTre*ship ivllh Rtfj¢i¥' W¢llk,inu? InvesiiRal¢ hoiv Ilic uddilinii of n 1>4ri.81i Nurse ￿ ts￿r niini51ry i¢nm would 5uppJrl Ih05c wlili IKollth i53u¢% aiid provide Hquip the ¢hurch lllmily 10 brirjg (iod's lov¢ I￿t0 Ihe conversailon¥ ind $ilDniiong Ihoy laL'e ei¢h day Ihroii8h *ftchin8 @lid piovidin8 pfBciiral uppoiluTrliies Conslder liow Ihc Cliiifch cxpres￿5 ils Dec￿r, CLo¥er. Widcr visloii ind u5piraliotlg ¢0 owr meniberg aiid widtr comrnuiill). Iniljftie 0 weeklv i'ouih 8roi)p iii¥eilnL Io Ilic thPPOTluni11¢5 and dE￿lop Ili¢ n¢ed for a Yoiiih Worker lo help biilld • leuiii 8Thd aur work with teeii4erx 41nd youTrg ptapl¢ iii the local ote Coniinu¢ lo ￿vIeW ineome nrtd expendiliire. boih yhort and long Icrm, ifi ?n¥ure IIIDI Ihe CIO hn$ IIK finnnccs 10 niifil 11$ objccilits Revlew llnd deY¢lop OPlioD¥ for develDpiKeThl nDd repoir ofilio T.¢l&h kond fitsnlu8e* purlicul&rly In ￿speCt of195 Leiih Roud whl¢h i& In need or%￿h$1#￿Ilftl repfiii Plan 30¢ittl acllvlil¢% and A Chiireli W¢ekeThd nl honi¢ in 2023 10 fiinhcr build Diir ¢hyr¢li eommuiiity Sli¢iimlinB $lmpllfy uovornnnce ond de¥i5ion.m•king 10 l*lp deliver fyims *nd obJe¢liv¢5 in k#y PT¢AS ol'cliiirch Ilfe CoftiiDU¢ to explo￿ ert'allve And innoyoiive wHy51o engtyge wilh ￿0P1¢ on4sile and online En¢oiiruge n personal f#l¢h in Jesu4 and eouip Ihe ¢hutch fimily foriheir d•lly walk wlih him Prfrrnolc Ihc 6M¥ Iinodclllnq godly cliori¢ler. mikin8 good wok, miThi51eriiig grace & love, Inouldlns tLliure. nioiiihpleee for Iriith &.]u￿1¢e and m$sseh8er of th¢ goBp¢ll fmm lh¢ LondoTr In51iliii¢ ofconternpor4ry Christianity for pMpl¢ 10 rctk¢l i Ih4ir own livcy P.xplore WHYS lo rngke ODf Y¢¢¢Plion a￿AS rnor¢ weleoming and infDrmMiv¢ iiboiil whAI dn thnd why we do il CL>LifA8Q Ihe le￿nI¥ club to develop se5sion% fDr ilJoJe M'illi cdiicDlion¥l r¢¥d5 and oili¢r5 in Ihc etsnimiiAiiy Cwiiinuo lo supporl Aiid prov+dc voliiniecr¥ lo help Ltigh l.olk festival LEICH ROAD BAPTIST CHURCH TRUSTEES, REPORT (COWJNUFD) FOR THE YEAR ENDED 31 DECEIIIBER 2023 Fin•nelal revl¢w Indlvl(lual givi￿￿ The Church Iihs Inuliiple iiicoiiie sli¢ams for ils g¢neiol unresiiicied fuiid. Hoivever. Ilic rnqjorlry offunds eoniiiiue lo he rAis¢d from wiihln iiy own ffl¢mbcrsl?ip Rnd conEr¢g611nn. Cotnmtr¢5al l¢iiin Fllll J'ear rental acliieved on 191A and 189A fl#1s. MHTgiierile Drive how, 189 Leigh Kolld PIIAB Café #nd (h¢ Warehoitse AS per l¢a¥e 08r¢cmeiit%. tenancy on 193A Lei8h Road ernthd in FebTUfiry 2023 and Ili¢ V￿MIseS tcam look Ihi% opptsrtunity to addKs5 some dnmp 193.195 tklEh Rood w48 rented for the full yethron Icrrns refle¢ling ￿1$ ¢ondilio]5. Arevi¢w 0finsur0n￿ values look place and Ihe8e are noiv reflecicd ir¢ the balance shcetof th¢ accounli. Lommunlty Itiilii¥s RenlHI of the Siables coMiniinSty rooms und Chiircli J.lull ond gardtn conilntie 10 be ￿r￿n9 £16.4.1212022 £36,605). 'rhE rooms ii.%¢d by A %vld¢ v8ri¢ty ofsroiip4 and 5ndividiiols benefiling from the vurioiis size Tooni% (>n Ihc prcmiscs. Th¢ Llvlii8 Room wlii¢h operllles out of191 L.cigh Road Lantinu¥s 10 wolcDrn¢ iiÈw iis¢rs Ih*i mutsh Ihe ¢iho$ ofihc Bpkc#. No ohfiw is m&ik for lh¢ Living Room. only donalion% if nbk. Pr¢¥cho•l Th¢ prineipltt fiindinK recelved by Pres¢hool is Ironi .8(>iiihend Hoioiigh C•iin¢il for governttient AIDd¢d Tr￿11r8 and 8llNLO riiDding £98.98512022 £84.7781, In Addition Io thi5 50m¢ wiren15 pllv fur eilra bour5 And lunch cliib k25.9¥X I£I(k.2191. Th¢ P￿￿lIn01 cfjn AU4Y)mmodiic 30 chililr¢n In e*¢h 5¢S5IVD. 10 boL>51 fiiDd¥ several thndraislnE aciivlii¢s look plyL'C incli￿￿ng uti Auliimn Miisi¢ Cottert, $iimmcr pi¢nle, Alld r￿nain8 Jn AM￿0Th W1511 Li¥1. Clturth grDups Thc.%ub.8roiipy ofihe ch￿￿h nre &%lf.fullding #lid reccive Ihclr iTh¢oine Iii fy vgri¢ly of %￿y8 mAliily 1hro1￿h ¥ubsorlpiion¥ rdonAihn¥, 'rh¢ tennig cliib hus ¢41oy¢d ii%in& the rnCi4rbished cliib hoiisc ond ¢oiirf$, LoAcliing ond 80e¢HI Itnni5 1% well Itt¢￿ded ¢reniin8 AT> B¢ll¥c ¢lub willi ￿11 ag¢¥. Afttr sccurln¢ 5¢vcrfjl 8ronls in 2022 gnd 2023 plllnning permis¥ion Is being $Dfl for Ihe in$lllllalionoffToodlighi$ which i&ey arc hopini Hill toke plttec in 2024. IlouilngAss•clo110 I'h¢ l.lousins Asso¢jtylioM balanc¢ offundy is £267.13012022 £273.4921. Th1* fli￿￿ is ThfinAged by o Tru%letg PJTd Ill￿¢ ¢hiirch Ihomber9 who &rc not Irusieeg. Th15 group ho¥ The re8ponsibility fDr invcxiing using Ihtsc flind% for the curc of lh¢ elderly lJotlF within artd oulsid¢ (if the churoh coiiimunlty, The gmup is hlyo ie4pDnsiblc ITr ptovidt a report lu Iht Lhureli Memb¢r5 Mc¢iing At le451 bnniially. The fund ciirtenily &iipporl$ 35Vkn of the A%4ntiale Milislers rolc ￿ the l>aslDrol lead. In 2023 A 81fl. Iht chiirch Lciicrnl fund of£4,000 w&4 8rnntcd ￿cognI%1￿¥ Ihc i￿r￿&s¢ in utility costs and Ilic uy¢ ofihc premi3¢ by eld¢rly rDlk during the week. Oth¢r IDfnrmfttlhn I'h¢ Thank offtriii8 ral*ed £12.70rJ12U22 £5,2261 i¥hich ivM% dEsigii&led Io I1￿ Youth fiiiid180%110 support Ihc pDsilioTr ofihe Chlldreii & Trujllilics Worker ivho s￿rted OciobEr 2021. l'he reinAiiiino 200A was split hciive¢n ￿UropeAn napilst TrederAtion UkrnTne app¢ol thnd Ihe TEk Uia pro.je¢i In Alhonify. [( wos de£ided thui Ihc ChiiTch Wcekend #hoibld be op¢n 10 ￿11 and hentt donaiiow wer¢ s￿8$e￿Ild rather thon k Ilxed f¢¢ lo ttend. A shortfall of £2.noo wk* hiidsetttd however only £850 WA9 ￿qll1ved. The Tefurblshmcnl of Thc Stables, he￿&1111￿8 from the restricted fund gift Eiven in 21)22 ttf £20,(N)O. wo$ eonipleied in 2023. Th¢ room is now fre%hly pllinl¢d i¥ith n¢w carper Ènd rnlilii￿edi￿ fil￿tIonal11Y for the ChiirGh lo lis¢ ond those that hir¢ th¢ premi%e%. Atr insurance clAim of£4,250 was Inu& for 191A fTHI due iu u water ILak. The riK in Inte￿31 T4t¢g .iaw th¢ u.le of Ihc Bapii$i ljnion Depnqil fiked noiited hccoiinig. improvtng bank inl¢K%t on the Se￿¢￿1 lund lo £6,195 [2022 1 J821. LLI IGH ROAD BAPTIST CHURCH TRU.STEF.S' REPORT (CONTINUED) FOR THE YEAR ENDEI D 31 DECEMBER 2023 Rvserv¢spoli¢ii Ke$orv*¥ pLlr¢v rhe Tiusl¢e% hbvc ¢.%l&hli5h¢d 4 Ji¢&eTVC$ Policy whi¢li ctirr¢nily m¢on%' tnuinldinin¥ ll (ien¢ral fund ofthroiind £65.Mo. rhi5 r¢prosenis thpproximat¢ly three i*onlh8 salaries And upertiiiig co%1% for (lie Clo eXeL￿di11g Preschool. A largei rcxtn'e or £20,000 for Ilic roslrici¢d Pyey¢hual tund lh6 aim once Childrcn nuinb¢rs incr¢a$e 10 po¥1 pandcmic l¢vcl%. Thc iniiliiplL' illcon)e siro&m8 ihMI (he (:10 hhs, Elves Slbni¢ seciirity ol'¢hslinoiv. Thly. Ilon8 iviih Ihe high level, Ilos 81iown Ih&i ll lo¥rr Igvel ol'r¢8L'rvcs coitld be coosidcrL'd, Thls 18 pArt i)f4 formal oriEvliiB rcvtetv of I1￿ restrvc s r¢qU1￿Ment. 'rhc finllncinl resulis for Ihe yellr, iogtriher %Yiih 4 $11fflrn8ry ol'tlic Aceoiiniing pnlicics ud(Jpled art bei out in Ihe i¢¢ompBnyin8 rinoncial sle*monl$. S¢ruefvr¢i g(tvorn*n¢t #nd manAgtm¢nl I'he Iruslee5 Ivho *ri'¢d duriiig Ihe year Jiid lip 10 Ihc dait ¢fsi8nthiiirtt of lh¢ finaiJciLI 51A*nieh14 il'ere.. Revd A Cowley MrG Thnrne Mrs C Fjell Mry S Floek Mr D Jii¥u Mr'l-'foylor RL'vd I Smith MrA Roih¢rhnni Dr l. Nagle Mrs }.[ Plekford Mrs P 8cnlt Ilidsigiied 16 Novernb¢r 20231 IRcqi¥ned 16 Novernbgr 20231 IAppDiiilcd l M¥y 20231 (Appointed 22 JLine 2rJ231 IAppDiiil¢d 16 Noi*inber 20231 IADP(>iniod 16 Novetnber 20231 IAppDinitd 16 November 202]) Rtcrtsirmeiii4ndappoli¥ittivnlo/irJii¢ottr llevd A Cotvluy. Tehni l.e4deT 14rvd I Smiih Associate Minlstcr Mr D JAgo. So¢reiary Mr A Rtrihtsrhrtin. TT¢aSurer OryopyisaiionNlJiriitrtii Oryuni$allonAI SIr￿¢(￿r¢ The clTrArily h¢c4mc a ChBriiabl¢ liicorporAt¢d Orynisulion ICIOI with eJf¢ci Tr¢>m l Jiiiii8ry 2017. Tht Chariiy is Co￿lr011¢d hy ily Comiltulton. The cliiirch oc¢iipies prrmises whicli hetd hy Ill? Bapiisi UnioTh CtsrporaiioK Lid. on Tr1191$ whlch irc ¢niiTclJ' COM￿li￿1¢ Ivilh tho ehurch'$ churilublc purpo.Ir. Thc chiiich mecliws is Iho ¥0%￿rnIng Wy. McinbErs uie &ccepied on publle profeyyion Dr railh itt Jcyiis ChTi¥I. Num)slly 6 memb¢r& meetings Are ￿ld ¢ach year. The LYJn¥liriilion pormi1S dcci$i0114 10 be made ol qufjraie C.hiir¢h me¢iiitgy hy Appropriaie mllioriii¢¥. T￿51¢C cl¢¢iions are held IN Moy &nd Novontber. TIIC li1￿10e¥ &rE respon$iblc rot Iho doy In dll). niiinlng of Iho churL'h'¥ work Te provid¢d with relevDnl dociim¢niRliTrn and guidnncc frorn Ilie Cl?aiity Lthmmis$ioJ) Dnd BU fomal training. 'rh¢ Irusl¢vs rtview and urKlote ts Jiisk Re¥isl¢r tsnniially lo idonlify &nd addreFy lh¢ ri5k% kn which charity is exposed. LEJGH ROAD BAPTIST CHURCH TRUSTEES, REPORT (CONTINUED} OR THE YEAR ENDED 31 DECEMBER 2023 The trusiees, Irii(>ri w8s approved by th¢ Fjoird 'Trugtec$. LEIGII ROAD BAPTIST CHURCH STATEMENT OF TRUSTFESI RESPONSTBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Thc 1rns1¢¢S orc re$pon21bl¢ for pr¢poring the Tru514es' Report ttnd th¢ linHn£ial 5tatemenlA in 4¢cordance wlth applicable #rtd Uiill¥d Kiii¥ik)m Atcountiog Siundud$ Illnlied Kingdom CJ¢n¢rdllyAccepted Accountiw PNcltcel. 1Th¢ law applicahle to ch4Tities iTh Ett8lund ond W#lÉ$ requlres tsu%ie¢8 to piepg1¢ tin&n¢ifyJ si4tefflents tor each t7ThHn¢ial whlch give ll tr￿¢ ond thir vi4w ol'lhe slote ot'otlairs ol'the Ch4rity and ot'Ehc ineomlng ￿S￿￿KÉ¢S 4ed 8ppIicaiioN ot'r¢50urcoi ofih¢ Churilj, for Ihul y¢ur. In Pre￿11￿¥ Ih¥se Jlnan¢ial ylai¢menl¥, Ihe Iruylt¢¥ aro r¢4ulr¥d to.. seleol suithhle BctuunlinE pollci¢y #rtd Ihen 4pply Ih¢m ¢tsn&iilenlty: . obs¢rve the rtil￿d& 4Trd Principles in Ihe Cbarlllw SORP,. makElud¥tmenly ond egllm¥i¢g Ih*l atr rEa¥Dnible and prutsnl, atal¢ whelher applicoblc 4ccounilni 8iandard$ h•v¢ beert follrjwed, 5ubjecl 10 8ny m#l¢rial d¢pArluv¢s di￿]08￿ expl#irKd In the finaDcial 81tti¢m¢nt4' ond pr¢pare th¢ Iln4A¢Lql $lNlcments th¢ Boing con¢tym h81s unloss St Is InAppropriit¢ to P￿tsme thot ¢harlty wlll contlnu¢ In op¢r8110n. The Inisi¢¢s arn tesponslble foi k¢pplnR siillkkni lE￿￿ntIng re¢ord$ IliNI d4￿10£¢ wlih ¥tason8bl¢ atcthracy 0¢ •ny Ilm¢ tli¢ tlnLn¢iAI position of th ChftTity and en•ble Ihem 10 on$urn thHI the finB Thcitsl Slai¢m¢nls ¢OMply wilh tlic ChoriliC& Att 2011, the Ch#rity {A¢¢ounl$ And R¢port¥) Re%ulBliuns 2008 &nd Ihc provlslon$ of IhL' Iriiil dccd. They ore Ll80 rt$popyibk for sAfogiiardsng the •85ets ofihe Churity and henee for taklng r¢&$onHble gtep8 for Ihe P￿ventIon 804 d¢i¢Blion of frhud A*d Ot￿r irrcsul4rilie5. LEIGH ROAD BAPTIST CHURCH INDRPFNDENT AUDTTORIS REPORT TO THE TRUtiTEES OF LEIGH ROAD BAPTIST C'HURCH Opinlon Wc hove oiidiled Ihe financial slaicmciits ofLÈigh Rood B*pij%i Cliirtli (the 'Chttrity'l foT the yeaT ended 31 DeceinbEr 2023 vhich eompilse Ihc st4l¢ineni of finar¢ial oclivilies, th¢ bAlaiic¢ %liccl and I￿leS 10 th¢ financittl bl8icm¢nl& includi118 Sj8nificHnl aecounlins pnli¢'ics. The fin8nci&l reportinE fraincwork. thai hns been ttpplied ID Iheif prepar4lion is qpplicfjbl¢ law oThd Unilcd Kingdom AceouiilinE SiirLdord5, I￿¢l￿dIng Finaii¢i&l Reportink Siondord 102 Thg Fiiictnclal Repoi'ling appll¢ftblé irt ihs IIA rtAdR¢piihlic oflrelahdlunilod KiTrtsdDm Genernlly Ac¢¢pt¢d Ac¢oiinilng 1> In oiir Up1n￿￿. the Iln4nciHI 81ii1crnen￿'. 8iYe u Irue thnd falr vi¢w ufih¢ sla￿ of Ihc cliarilv's a(fpirs 8$ Ai 31 DecemtrKr 2023 and of I￿ in¢omln8 r¢wil￿8 and applicaiioN of re80urc¢*. for Ihe year Ihcn ended. havc becn properly prcpired in utcordaneL' wilh lJnil¢d Klngdom Cyenorally A¢¢¢pi¢d Accoiiniln8 PTecii¢c' and have b¢eJi prepor¢d iii ivilh Ihc r¢quiremrnls ofilit Chavlii¢$ Aei 2011. IIA$ii fDr opiThloTh Wt condv¢icd our a¥dil in aecordaiice with lrtl¢rnAiionsl Sljndyrdy fjn AITdilln# IUKI IISA5 IUKII und &pplic#bl¢ l&iv, Oiir re5ponilbilitie* Nnder those $iaDdfjrds orc fiirllier dcs¢rihcd in Ihe Al￿¥10r,1 rE.wottilhililles lor IIK rjiidii OJ ih¢ fipjunciol .TiaieNieni.tK¢ilon of oiir r¢port. Wc tsrc liidcp¢iidoni ofilic C.htsrily in accordanc¢ willi Ihc eilii¢ol r¢quirciiiciils Ihii aro rclcvanl Ihleal Sillndard, bnd ii*118ve fuifillcd our Olhor eihl¢al r¢sponslbilili¢s sn 4ccordon¢e willi Ili¢K' r¢quiremoiiis. We believE IhAI Iht 4udii evid¢iice ive hav¢ oblHln¢d Is surricl¢nt and appropiiaie lo provide 8 fotoiiroplrtion. Co*tlu&lohJ rèldtlnll lo 8oln¥ tDn¢¢rn In tsudiiSni Ihc ￿nanCIal 51&1emoni$, w¢ havc ¢Oxeli￿￿￿ that Ihc Iriislocs, of Ihc 8Trino ¢oii¢¢rn bAgi9 of A¢¢¢unlliiA In Iho pwttp•rmliDn ofiho tlnnn¢i#l $lalEmenis is ftppfDpriiit¢. BD8cd on th¢ work wc h&ve pcrforNied. we h8vc nol ideAiifled any mjlerlal iincertttlniigg relailng lo evenu or wndiilons Ili•l, leAsI Iwelve months froTli wh¢n Ili¢ ftiiantl8151aitrticnl% Drc 8iilhorlsed foi isqii¢. of1115¥ repoTI. Other InfTrrm#tlo The oihcr inforin81ian roniprlgo¥ Ilic infori*alion In¢luded in the Rr*nuil re￿rI olher than Ihe finaii¢lal %lllitmtnl% ond oiir aiidliol% rcptsrt Ihercoii. Tli¢ Irii%tc¢s fir¢ y¢8poiisible li>r ilic oihcr informalion c¢nl8yncd wiihin the &nniial rcpDrl. Oiii opinion on Ihe fI￿ancIal SlQkmcnis (focs not cover the oiheT inform81ion Jnd w¢ dtr not ?Apres5 gny FDrm of ossur￿ll¢¢ conelusion Ih¢rcon. Oiir ￿.￿ponsIbl111Y 1% lo rcAd th¢ oili¢r inforniaiion ond, in doiNE so, considcr %4'h¢lhtr Ihe olki inforrnalion is nJ&terially inton.¥islcni M'ilh Ihe finonLlol yl4lgMen15 or oiir LnoH,ledgc in the LriifsL' of ihv hiTdit, nr olherwlse Appears 10 bc m&i¢riJlly nii85th1cd. Ifwc idoiitify ¥u4h m4l¢riAI incon%iNientiC5 trr appsreni m•l¢rityl mi851plotnonls. W¥ Ar¢ rcqul￿d 10 dttorniine whcihor Iliis 8lves 10 a maicrièl mlsstcilcmciii in Ilie llntncial %18iomeni% lhem￿1VeS. If. b&g¢d on Ihe ivork liaye petfornied, wc con¢ludÈ Ihnl Illg￿ iy ll mai¢rial niiss12l0m¢￿l of Ihi%olhcr infomBliorJ, we tyrc requirEd to wtrport Ihal faci. Wo h•v¢ nothing to ￿pOrt iji this ttkthrd. MAt¢¢rR which v< aro requ1￿d t• reporl b). Èxctptilbll We have nothing In rtpori in ro*peoi of th¢ lollowliig matrer3 in T¢IDIlon ￿ whieh the Ch4rili¢s IAeettuni$ and Rcporlsl Re￿￿1￿110n3 2008 reqiiire lis l(> r¢p¢rt lo yoii if. in ouropinion.. Ih¢ inlortnulion glyen tn the Iin8ocIAI $litem¢nls is in¢oosi5¢eni in Miiy n)Nt¢riul tesp¢¢l wtih th¢ triistee$' r¢port', or suifitiEtrl llCCOilThling reeords have not betn kcpi,, or the finArJct41 slatemeftiy llre not in A8rccniont witlj Ihe llccouniing rccords. ov we hovc not rec¢ived all Ilie informulioii find ¢xpl8naiiony 11¢ r¥yuiie foroiir alldiL LEIGH ROAD BAPTIST CHURCH INDEPENDENT AUDITORtS REPORT (COPITINUED) TO THE TRUSTEES OF LEIGH ROAD BAPTIST CHURCH pO￿lbIlIti# •f trMAiets rmud or erroT. In pr¢￿11￿8 the fiDaThcial sta1r￿le￿$. the Iriislees ar# R$pDnsibl¢ for 4$5￿8￿nE the Charity's ability to ¢ontinue 15 goi￿ i(Iiiccrii. dis¢Igsin& as iii?plivAbl¢. r¢lnled kn goin8 concern and using Ihe 80ing eo]yc¢rn bRSiS gf UCCO￿tIng vThle58 Ili¢ Iris%i¢LS either Iniejwj Io UL... trperailors gr hdve no reali$iic alternallve bul to do w. Aydltvr'g r4spoll$lblliti¢s for the #udl¢ tyf th6 nnantiil $t4itmtnts We have been Hppolnted tss Biidhor und¢r section 144 ofihe ChHrilie¥ Act 2011 and mport In Be¢thrd8nce wlth the A¢1 and rclev4nt ￿¥￿tatIonS made orh4vlng eff¢¢t Iher¢urdcr. Our objE￿1V¢& to obl4iTh re4stsnthbl¢ al8￿mnCe 4bJllt whethèr IhE ftnon¢lal 8t4ternentS ES a whole nre frne fmm maleriol nil4siaicm¢nt, whellxr dii¢ w hitd oreryor, and Ic i8sue on alidlio￿5 ￿POrt Iht includes our oTrinlon. Rethwnablc 4s5iir8nc¢ IÉ J high l¢vol of n$8urunee blli 14 noi 4 sv4rnnie¢ thai nn UiTdil cOndu￿ed its ttc¢oNfeneo wllh ISAS IUKI will olways d¢t¢¢l material mlsstlltement when It ¢¥1gts. Mlyst&tem¢uTY oan arlse Irom frnud or Qrror and are considered moteilal If. indlvidiially or in the 8ggregai¢, thpy could feo8onJbly k ¢xptc*d 10 Snflu¢n¢e the ¢wnornio d¢¢i¥iong of usors 1ok¢n on lh4 ba¥1¥ of tha fin8ntial 8lat¢ments. LEIGH ROAD BAPTIST CHURCH INDEPENDFNT AVDITORIS RFPORT (CONTINUF.D) TO THE TRUSTEES OF LEIGH ROAD BAPTIST CHURCH Th¢ txlonl l() whl¢li oiir proce41U￿5 ATC ¢apablo ol'd¢iccli¥ig irregularilieh. iii¢luding IT0￿1. 1$ ￿£￿I￿lled b¢low: The IiBlvre ot. lh¢ Indll%iry #nd se¢ior, ¢oJiirol environineiii aiid busiiie¥¥ perlomiRace I￿rUdI1)u Ihe desi4n of LI￿ C'.hiirch's ptslicie%. key (triNrrs r(Ir lry%iec% remuntraiion; rL'siilly uf uiir tnguiries lif niunugenJcnl. In￿r￿ll1 diidil IbJ)d Ihi AudTI & Ris￿- Ci)mmlitee HIN>iii Ih¢ir ¢iwn idenlifiL#il(In ¥ny m*lleTh we identified haviii¥ ubtaiiied und rcvieived Iho C.hurch's duL'iim¢niailDn ufihBir pt>lkic¥ And prtsce¢Jure% rel¥iiTh¥ ideniifyin¥. evalLiulin¥ lind rornply1￿¥ wilh Idivs Aiid rc¥iil#iions ivhL'ihLr Ih¢y wer¢ oware uf illSlttnrL'¥ LTrr noiiEomplion¢e', d¢le¢liiig und r25pondiii810 Ili¢ rilky or rraud and whcih¢r Ihey liuvL' kiiowledge ofaiiy a¢lual. 8USPEcled Dr nll¢8ed frjud., th¢ iniernal conlml8 051ab11shc￿ to miligate risk8 ofiryiid OT non.cornpliJnce wil* laws regi114¢￿Tr$. Ilit mott¢rs di$L'uss¢d umonE Ihe Dudii eng￿8¢m¢￿t l¢im iD¢liiding $lEnifitNni cornpoii¢Thi Mudil l¢oni$ involvtiig relevnnl As 4 reiiili of IheJ¢ pro¢edur¢s. Ive ￿n¥10¢re￿ lh¢ urffjothiiiilkns Mild i1sceniiv¢.% Ihii MAY ¢xi¥t wiiliin Ili¢ or8aiii$alion fi>r rrn1￿. lil commots willi &ll fiiidils uid¢T ISAS IUKI. wc bre ol$0 Tcqiiired lo perform spo¢i(Ic proc¢diir¢$ ￿ respond lo Ihc rSsk ol. iiianageiiicni ovcrride. W¢ al80 O￿[¢1nL'd #n LinthislUr￿i1ig ofilic IcAttI al￿ re8ulnlory Ikafflciiurk% Iliol Ili¢ ei>iirtli op¢raiei IM. fi>¢i1$￿￿K on provisions ofiho5e I&wA T¢Rtsl4lion9 Ihol h&d R dir¢cl olY¢ei oil Ihe drtcrminniion nt'mlllerial fimoiinlR And di%¢lD$Tire5 ID Ihe flninci41 Irj addlilon, w¢ con$id¢md profrisiong ofoihtr Inwg ind regiilBiions Ihnl do noi haw¢ a diicffl ¢ffe¢l on Ili¥ finllncilll ¥lulem¢nls bill curnpliAnee iviili M'liich niay b¢ fun¢JArn¢nlal 10 Ihe LhLTrch's abilily 10 f)PtrAie or to avoSd u moi¢rilll PEnaliy. ThÉ￿ in¢liided cornpliun¢e with lh¢ meihudisi Chu￿h nile& r¢U￿1allon¥. Our ￿0¢e￿Ill¥l lo r¢8pr)nd lo rl$kx idBniified inclii(kd Ihe lolli>wiriB'. r¢vicwing Ilio liii&nciAI Sl&l¢Incni digcIthsiiie5 end Icsliny lo slipporting dn¢iim¢nlaiioTh io As8e$¥ ¢ompllAnetr with provis￿119 or Itvani IDwi nTrd r¢8iilRliDns dos¢ribed 45 hdYin¥ a dircrl eifecl on Ilie fiiianci*l SI￿1￿M¢￿¢S., cn•iiiving ot. ni*nH¥erneni, Iho Aiidii & Risk. Cornniiiice in.hoii$e 4nd cxl¢rnal Ic881 Eoun%l concernin8 OCtiiBI and Polunlial pcrlorminy Analyiicul procediirey Tdonilfy any iinuxusl thr NnexpDcled relAllorghips Ihtsi m4y iDdl¢ul¢ rlyk% of muterlrsl miSSlalemcni due th fmud.. reading nilniilcs ofni¢Éiln65 ofil)D8L' ehorged iviih govrrnfince And In addrc%sin8 Ihe risk of froud Ihrough mann8tm2Tr1 override of coiilrols. i¢¥iin8 IhL ttppropriatencs5 ofjoiirnal enlriey olhEr evtslupiing the railDnolc ofLny signifi¢ATrI Ir4nsn¢iion5 Ihii Jrc iir111511al or ou15ide Ihe norm$l Couryc ol'operttli¢ni. We Also commiinicaled rclcvortl id¢nlified l&iv% ond ￿gUlatIonS 9nd NlcDlial trLiid riskH lo all enga¥¢menl m¢mhcrs. and nithinad alert to iny Indlcalions ofTraud or nonconipllkncc w.lih la￿ llnd ￿￿111All0￿$ IhroiiglK)ul the 4iidil. A further descrlpiion oFour respoii¥ibllliie$ 1% ￿VaIlable on Ihc I'jiL4ntial R¢porting Lowneil's ivebsilts al.. hnpsJlwww.fF¢.org.iikl aiidlior¥rLSPDnsibililies. Thts (k8crirAiOJi fvm)s p&rl ofouF a¥diiorfx repotl. (Jihormatter$ The finttiicifjl 818t¢menls Dt the chnrily for the y¢ur ended 31 D¢eembcr 2022, were Un￿udi1¢d. We httvo obiuinEd 8iinicienr niid ppropriaie tvkdonce 10 ensiire the finhncio181ntemcnls llre free from nithiorial fflissiaiemeni. 10- LEIGH ROAD BAPTIST CHURCH TNDEPENDENT AUDTTORIS RFPORT (CONTTNUED) TO THE TRUSTEES OF LEIGH ROAD BAIryIST C'HURCH your thiicnlion 15 drnwn lo Ihe luct thai Iht chariiy htss prepfjied financltl y1èle￿Cn19 in accr)rd2nc¢ with 'Ateouiilin8 and Repuriin¥ l>y Churilif.¥'. 8i&lBrneni uf JieLYbmmend¢Q Piu¢iitt applicuhlc M> chdriliL% prLparin¥ thtir ITr thLciirdllnce ivilh lh¢ l inancial Reporliog Slaiidard opplltabl¢ in Ilic UK aiid Repiiblic of Ir¢lHnd IFRS 1021" 14$ oiiitrndtdl itr preferenc¢ to Ihp AtL'ouniing Reporring hy f.h8riiie%.' Slaiem¢nl of Reeommeiid¢d TJr8cli¢e issiied on l April 20n5 whl&h i% referred 10 in ihe extant regu1otio￿l bill lias now becn withdrHwn. This been dofte in older ttir Ihc linuncial $loiém¢ni8 10 provide a triK tblr view accordance with ethrr¢nl Gen¢rnlly Aceepl¢d Acwunlin¥ PracilLi'. Ilx¢ of oDr repTrrt 'I'hi8 report li mad¢ Solely 10 Ili¢ ehhrity s Irusiee5. Qs a body. in octordan¢¢ wilh porl 4 ofihc Charities {AceouTrls and Rtportsl Regulailnn% 2008. Qur audil work u￿dCrIjk¢Tr %0 IhDI ml8hl ylalc Ifl Iht thArily'g Inislc¢s those maiieri iir ar¢ Tegiiired to Sialo lo Ihem in on attdiloli rtptsrl And lor iio olher piiip05c. To lh¢ fullesi exl¢iil p¢rimiiied by lliv, we do noi ficcepl ur ￿￿￿1￿L. r¢%puii4ihiliiy 1¢ Olh¢r Ilwn Iho ¢h4rily uiid Iho ehuril) s Iru%i¢¢¥ budy. for uur audli wDrk, fLTrr thi% rcpovl. or for iho oplnioThs w4 h4ve fwmed. mei & Pawln¢trt LLP Chort¢r¢d Aetount4nts 1386 Londoii Road Leiutrh on S¢a Engl£tnd S89 2llJ Fr•ncis J•rn¢s & IJ 8rtners I.1￿ is ¢llBibl¢ fDr Bppoinlmenl a$ •iidilor ofihe Chqrity by virtui ori15 eliiihilily for appoSnfm¢Trl aiidlior ofa ¢onipsny iind¢r$¢ciion 1212 ofili¢ conipu￿￿CJ A¢1 2006. 11 LEIGH ROAD BAPTIST CHURCII STATEMFNf OF FINANCIAL ACTIVTTIES INCLUDINC INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 IIMre$trf¢tsd R¢yirlcttd futKI¥ fu￿￿$ Toi#l illlrestrl¢ted ktitricted fuads 2122 2023 21123 202J 2022 Notes 2022 Income ¢nd•wm•nlJ fr•rn'. Donntton$ And Icgaci¢s Charliable &¢liVli￿9 Inv¢simcnls Oihor In￿l￿e 180.773 38.761 93.446 22.592 203.J65 178.958 97.881 1.945 157,606 38.423 209.557 149.971 97.629 4.42Q 2,517 1,945 4,420 TotAI Ineomt 312,987 169,162 412,149 295.561 166.016 461,577 Exptndllure (trn: Charilobk a¢iiviile$ 331,316 lJ3.963 485,279 295.026 142,875 437.911 Totsl ¢ip*ndllur• 331.310 133.903 485,279 295,026 142.875 437.901 Net Incomtllexpohdlt*rql 535 23.141 23.676 'rrAnsf¢rs bettveen Ilind$ 17.430 117,41501 14,2731 4,275 Oth¢r Revaluatlofj of18r8ible flx¢d ¥5F¢I8 1,427,500 1.427.500 Net m•vemon¢ Ih .426,621 12.2SI 1,424,370 (3,7401 27,416 23,076 R¢cDry¢1114tlon of fuThds'. Piifftd 68lancc¥ Bl l J8nii8ry 2021 2.868,702 .345,298 3,214,000 2,872,442 317,882 3.t9Q..324 Fund holAllC¢Y &¢31 DteÈmb¢r 20=3 4.295.323 343,047 4.638.370 Z:868.702 345,298 3,214,000 Thc Stslctnent of finnjtcial arlivit6es in¢l¥dEs hll ¥ain$ and losse% rrco8ni5¢d In Ihc yeftr. All Income BThd expendi¢ur¢ derlv¢ from co01iniiillg Aclivliles. 12. LEIGH ROAD BAPTIST CHURCH BALANCE SHEET AS AT 31 DECKMB&R 2023 21)23 2122 N￿1¢> rixed A¥iets 18lbl¢ assets Inv¢8lm¢ni pioperty ij 14 .9.37,079 2.175,0(K) 2,684,703 Cwrr•nt •58ets Dcbtors C88h ai bonk and In 4,112,079 2,684,703 15 28.004 507,909 26,293 514,793 Cr¢r]It¢f8: fallini dy¢ wlthltt Ont 535,973 541.086 19 19.6'82} (11,7891 N¢t 520,291 529.297 4,638,370 3,214,ONJ N¢1 Ais¢ts txtludlni pen4lon Ilablllty 4,638.370 3,214,000 Tth¢ of th¢ Chitlty Re8lrfot¢d In¢ome funds Unrnxtri¢l¢d funds 21 343,Od7 ,295.323 345.298 2,B68,7UZ 4,638,370 3,214.OfM) Th¢ fiTronclal slatemEiils wet¢ approvcd by Ih¢1Th8iees on............,............ R¢vdAC.oiv Trus¢t4 13- LEIGH ROAD BAPTIST CHURCH NOTFS TO THE FINANCIAL STATVMF.NTS roR TH£ YEAR ENDED 31 DECEMHER 2023 Ch*rlty InffrrmAtlon lJciBh Rotsd EJfjpli%l f.hurch is ll cbtsrity T¢gislered in r.ngldnd and wa￿$. I.1 A¢£ounlln¥ ￿￿￿￿'¢[lI10￿ I'hc finaii¢iAI 51gl¢mtiirs hav¢ bten pr¢pared iii ￿￿rdance with the Charl￿5 ¢0rtglllulioii, Ilie chir11￿Y Act 2011. fRS 8ORP 'A¢L'n￿nIlNu and R¢porliT)g b), Chnrilic$.' Siulem¢iii of Reeoininendcd Prllclice npplIc￿bjC 10 chirilit$ prepuring 1021 lellcclive l January 10191, The Cliarily 1$ o FuhliL. Fleii¢fii F.nlily Is dcfined hy fRS 102. The Chority hu5 Inken advanloge ofiht provisions in ihc SORF for ¢httriiie¥ lo prepttre u Slot¢Rieni ofc49h l.'low¥. ThB fin&n¢illl SlA1¢Then￿ h810 d¢￿rted from Ihe Chgr51iey IAe¢ouni5 and Rcportsl ke8ulniioiis 2008 only 10 Ilie exlcni r¢oiiired 10 ymvide li In￿ and IA4r view. 'fhi$ dbpnrtiii¢ hu8 iniolv¢d ftsllom'ing The Si•lcrneThl ofR<¢onirnended Pr4¢1icc ror thariiies Lpplylng &RS 102 rhihcr Ihthn Ili¢ i'er.4itsTr ori&¢ 8i*kJiieni of R¢¢ommended Prn¢iioe whlekn 1$ Y¢f¢ryed 10 in the Regiilaiions bul whlch has sinc¢ b¢cn wiihdrawn. I'lie finanelal 514lem¢nls are p￿pa￿ed in I￿rI1￿1, whlch is lh¢ fiincli0Tho1 ¢urreney ol'lh¢ Lhqrily. Monellry amaunls in Iheg¢ fiJ18n¢iql Sla￿￿1¢￿1% arc roiinded ￿ Ihe n¢arc51 £. 'I'li¢ finBn¢ial siaiom¢nlS hiivB bctn prcpiircd under Iliu hisloricAI ¢081 coTrvenIio￿ modifi￿￿ lo ineludc th¢ KVAIuttiion or ceounling PDIi¢KR odoptcd or¢ sot out b¢low. 1,2 CJolng coneir Al Ihe lime of fjpproviD8 Iht fin•n¢io151lltcmin15, th¢ Iii151ee$ hDvo n re#s(pnabl¢ ¢xpeclolioTh IhAI Ihe C.IIArity IiJ5 nd¥qiiait CDn¢ern bksls of ￿eau￿11n@ Sn preparlng Ihc tliianciAI Sluleineiiis. l.J LhArllalJl¢ fviids Unie*Ti¢*d fiinds Drc *vailoble fDr use lll tho di3¢r¢iion ofihe Ifil.%ie¢¥ in furlheronce ofilieirefrnrila&l¢ object1￿8. Resiricicd fiinds are siibjÈci 10 $pecllie condilions bv dTrnor3 ()r 8r#nlors os to how they ni4y be used. Tlie piirposcs and Bndtywmtni funds jrc siibiecilo specific ¢ondilion5 by dDnorB that Ihe ¢￿pIt￿l musi be m*lnialne4J by Ihe Ch4ri1y. 1,4 In¢Dmo IDfQrn¢ is Meognis¢d ivhcn Ihc Chority is l¢gllllv ¢nlillod lo il ufter •ny perfDtmance condilinn¥ huve b¢efi m¢1, Ihe amoyii18 coil be me&4￿red reliablv, xii(r tl 15 proboble IhAI in¢Dnie ii'ill he rcecived. Cbsh donatior*$ ale re¢o8ni5¢d on i¢ctlpi. Oiiicr doiialion5 Bf¢ TccogDiscd on¢¢ Ihc Ch#rily noiificd cf Ihc doniiioji. unlosg porformniiee conditions reguitt &fcrrAI ofihe minoiini. Income IBX r¢co￿¢￿ble in relhiion donLIioDs r¢¢oivcd iind¢r f>ift Aid DT de¢ds OF¢oTrc￿fjl11 iy Tc¢ognised ￿1 Ili¢ Iiillc ofihc dot)rtliin. Le8Èciu8 Rre re¢ogniscd on receipt or oih¢rwiyt il'ihe Ch4rily hL5 been nOlil*d ot an Impendin￿ disiribulion, the llmoiini is known. dnd reEetpl 15 CXPB¢i¢& Ifih¢ HDIOIIIII is I￿1 ki￿￿11, Ihe le8Y¢y is Irets*d as 4 ronlin8enl as2¢1. 14_ LEIGH ROAD BAPTIS'T CHURCH NOTES TO THE FINANCIAL STATKMENTS (CONTTNUED) FOR THE YEAR ENDED 31 DECLMBER 2023 A¢¢Dunlimg politiÈ$ Y.S exptndi(yre xpcndiliirL' is rccognised oncc Ilicrc i* o legtsl or con%inieliir obligolim lo Imii$fereewmiL' beiiefil lo ll third porty, li 1% prob&blc Ihal A Iron¥feT of ¢wiion)ic benef11$ will k requlred sn SÈllltttneiil. and Ihc 0￿]0U￿1 of the obligaliDii ho ni¢asiir¢d reli&bly. ExpENdltUT¢ 19 L'lasslned by Boiivily. I'he t￿¢$ nf e8¢h aeiivity are mede lip Dr the iotsl ofdireci eo$iy And $harcd e0515, in¢ludiTig suppori w515 involv¢d in unthriaking cuch aeiiviiy. l)ireci cos15 altribislable its a single Ltlivity arc Rlloenied Cenirlll 51off e051.4 ort 4llnLiil¢d on lh¢ bosss )f ill￿¢ bpeni. and deprecliilioii oro allocokd on ihe poilioji of Ihc 1.6 To¥bgihle fi¥¢d Tanllblc flx¢d ayae15 initlally rneasiired eust nnd siibseqiienlly nieAgiir¢d ai eo41 or vBliiillon. n¢1 of deprc¢lallon ond impAiTmenl1¢55es. l)opiecialion 1$ r¢co&tsi￿d so 4¥ io ￿rI1¢ off Ihe ¢051 or valuaiion ot'ao¢1¥ IL'SS Ih¢ir ￿SId71￿[ valiie8 o¥trr (heli Iis¢tknl Iri'¢s lh¢ followi118 ha¥¢%.' r¢chold Innd 4Trd biilldins3 25% on r¢duciTi8 bnlancl Tlie 88in Dr In%% arlslns OK Iht di¥sk)sèl of ali assoi is dotermin¢d hy Ihc diffcrciice beiivttn the solo proce¢d¥ And the tArry'iii% v01iie Df the ts8scl, and i¥ r¢coEnis¢d in Ihe.$l&lcm¢ni 0rr1nj￿¢Illl th21ivilpo.4, 1.7 IDvostm¢nt prvperiloJ Inv¢¥imenl pmperty, whlch i¥ prnporiy held 10 eirn r¢niAl$ undl(>r foT copIIBI oppreeiLiknth, ly inlllelly reco8ni5¢d 81 ¢•91. which ineludets Ili¢ purcliHse ¢091 Diiy directly iKribuiabltt exp¢ndiliir¢. .Sknbs¢qu¢nily li meB5v￿d ai fair valiie 4t l.& C•sh tsnd ¢1sh eguIvoleni$ orixinhl mpl￿[111C5 #fihrce or les& and bank ovordrotl& OV￿rd￿n¥ rtre sht)wn wlihin borroivings in ourrent n Ihe nppli¢Diior> of Ilic ChArilv'% R¢rollniiiig policie8, (lie Iruslee% Ére fequired io makc judge1ntnLY, oYltii)bt¢.¥ e91imu¢¢8 tsnd •5$0c¢Jled dSSltmplion¥ bnsEd on 17t51ofi¢oI exp¢ri¢n¢t and Trllitrr foclots thal are coiisidered 10 bé relevani. A¢tuql Tes111i% may diifer fwom iht5e e81im8tey. The e51imaieg and iinderlying ¢%iimpilons a￿ rev￿]Ved on An ongoing bm%iq. Revr.%itiTrs 10 &¢coiinilng ¢%ilmalt% #re retogniscd iii th¢ pcriod in whicli ihe eslinial¢ i¥ r¢vl8cd wh¢re th¢ revision affe¢ts oiily IbAI p¢riod, or ii) tli¢ rkriod ot. the revl.siiJii knd ful￿re ￿ri￿dI ivhero the rLvi¥ion uffecls hi)Ih ￿1rrent fuliLre peri1sd.¥. 15- LEICH ROAD BAPTIST CHURCH NOTES TO THE VINANCIAL STATEMINTS (Co[￿]NUED) FOR THE YEAR ENDED 31 DFCEMBER 2023 VmrtsiFlcled Rcgtrftt¢d funds TotAI UthTeBtrlcted ndy Resiri¢ted ful￿S Total 2023 2023 2023 2022 2022 2022 ljonaiitsns And glfts Lcg*lc$ r¢teivAble Grant Incomc ILY ￿¢￿Vered and non gift aid ¢ollc¢iioBs Oihpr dtsnail0￿s ab)d fundraisinx #vents 103,765 1.000 10,000 8,994 112,763 I,￿0 14,600 95,484 31,748 1.000 10.030 127.232 1.000 4.61JO 61.096 6,102 07,198 48,361 5.909 54.270 4,912 2,892 7,804 2,036 3,264 5.900 180,773 21592 2Q3,365 157,606 51.931 209.557 ai¥rll#bk w¢tlvS11#• *rltoblt Ch&rJt*b Jneom¢ In¢om¢ 21123 2(122 Lettlngs- $lable$ m81 OihÉrdonoiloJs9 Prew&ch¢ol B￿ll￿d 36,432 17.494 124,974 58 36,6QS 18,220 94.998 148 178.958 149.971 Anoly&is ty fund Unrestricted fund Re5trKl¢d fiJThd¥ 38.761 140.190 38.423 178,958 149,971 LEIGH ROAD BAPTIST CHURCH NOTES TO THE VJNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECKMBER 2023 Uhr¢s1￿*¢d Rt¥trSettd furd4 Thial Unyeslriewd fundg Restri¢t¢d ftjnds Tolal 21J23 2023 2023 2022 2022 2022 Int¢rEsl ￿e¢l￿able ANI lottln8s- stable5 93.446 4.43$ 97,881 95,112 2,517 97.629 OtherJ*oom¢ Rtsirlettd Unresirlcied rmn funds 2023 2022 Other irn¢om¢ 1,945 4.420 17- LEIGH ROAD BAPTIST CHURCH NOTES TO THE FTNANcfAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2023 C'hmrilable aet5vlil Ch•rltAble 14Mna8¢Illt￿* Totgl CthArltibJt M#n¥¥erA¢nt 202J erfvili¢s Totthl 2022 2023 2023 2022 2022 Sietr¢o8ts Ikprecyllliun uiyd impts5rm¢J)I ClcBning and M*inienan¢¢- In5wrAhcc Fjuljdl￿¥8 nnd cqiilpm¢nl- Sorvi¢e$ rood and drlnk. TelEphone 17(1,215 135,007 135.OC17 8,7119 16,OR9 24,878 13.370 12,906 26.276 62,209 30,298 92.507 36,031 25,331 61.362 2,fj41 3,057 5.InS 2,19 2.56.1 4.759 Posiase ond sl&ilonAry Orgoii and pAino liinin4- Dhotocopylng Youth. Publi¢1lylprlnlin8 S'pcÈkers. J3ook¥. visual &id$ ctc EvhD8eli%m and di¥cir*lln¢ Sub$¢riplionty li¢¢n￿l PA. IIRff expon%L'I vents al LR8C. T*forniuliots ie¢hiiology Supporl other- LegAI 8iid prof¢¥ional Support org4Lpis8llon5. Jlink ehnrgu5 1.497 3.308 1,208 2.5211 2.341 2.726 1.8(12 922 1.328 2,786 .546 608 2.874 J.394 3,6rf8 8¥ 1,236 102 1.338 307 1,846 2,1SJ 830 31J 1,470 4,n28 2.3110 4,343 0,361 17,1124 6,U13 12.124 10.055 10.05J 50 5.8JS 5,885 28.278 7,3.10 595 3.769 104,364 445 28,723 46,929 7.086 301 47.230 7.086 ConfE￿nCeS l¢oiirs¢% Olher fiiKds Pre->¢hool wa8C¥ 595 3.769 lQ4,364 18.218 102,461 407,536 77,743 415,279 375.886 62.015 4J7.901 407,536 77,742 485,279 375,886 62,015 437.901 AnAly$i$ by fund un￿sIr&c(cd fund¥ Rc¥lricied funds 255,191 148.645 72,425 5,318 331.316 lJ3.9fi3 256,821 139,065 SR,205 J,810 295.02 142.875 407,536 77,743 485.279 375.886 2.015 q37.901 18 LEIGH ROAD BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 DECEMBER 2023 2823 2012 The nei Diovemeni in lknnds Iysloted 4tlerchryln8l(¢￿dittng)'. Fe¢s payable for lh8 audit ofihethJrily'5 fillAn¢iol $trttsmcn Jkpreciaiion of owncd tsn8iblc fJx¢d 3,300 12J 16) AMdItfy￿1 F¢¢B PAy4ble ￿ the chartty'5 olldilor and wwoci&*$.' 2023 2022 Audit of lh4 finan¢i41 slalenKAts ofih¢ oh8rlty 3.300 10 Tru¥1 The wcrc two Mini5tors in 2023 who werc Iwuslees re￿IVIn￿ r¢mllncr4lioi) (8rosJ gal&ry plus cmployer PED81on ¢oniri6uliongl of£62,75912022-. E42,991 1 MiNl¥ter). Trustee ¢xpensgs reimbury4d£l622 (2022.. £4,046). Relftled pHrty ¢XPEWts rlmbursed £27012022., £9451. 11 Emwloye¢¥ Th¢ nvern¥¢ monthly rwmberoftrmployeoB durin8 11¢ ye&r w45.. 21113 Numbtr 2022 NDmber ChuT¢h Preschool 10 Tothl 19 EmployrneNt cDIts 2023 2022 Churcli yalArks Presehool ¥alarits Oiherpension ¢0518 170,215 104,364 159.807 102.461 24,8QO 2741579 237,468 LEIGH ROAD BAPTIST CHURCH NOTFS TO THE FINANCIAL STATFMF.NTS (cowfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 (Conlln4¢dl Emplnymenl ¢0$15 831Arles Chiirch £170,203. pr¢ ￿h0o1 £104.363, Other icl8i¢d pen¥ion ¢0519 £12. The Te￿￿ I￿￿￿¢r istmploytd fiill lini¢. Apart limeAssthciale Minlsier wns appoinied in Miy 2(I23. 30% of Ihelr yalAry ly co￿Ad hy Ihc Hoiising A$sD¢ifirion rund for Pnilor41 tor¢. rhnbili¢s Trnd Chlldren worker 5thrted in November 2021 workln8 parl Ilm¢ lerm lim¢. The C￿*(1ve I Communliy Worker¢ompri%y of one employee woiking IS hour¥ p¢rivcck. Th¢ adminislmli%e aTrd fIn￿e¢ supptsrl 15 e0v¢￿d by foiir ¢iiiployEQS W)rking av¢r*ge trf58.5 hour¥ par week. 'I'hc.qitC 8upcrvi51ttn 15 splil b¢iwe¢n two ernploycoy worklng ghins IOlallin8 57.5 houry on aver&8e p¢r week p1115 v¢rtlm¢ irt covcr oddilinnal ￿)DkIng rtquesi$ wlien needed. Pte-.%¢k¢>¢il employs 818trDn ierm lime ¢unlrHci8. l MHn&¥er, 2 Deputy Slid 7 pro¢11nKo￿. All 4toff are pjri lime. 12 'rhe Chrtrily IB 6x¢nipt Irtim laX￿10n on 11$ aciivliies bcL*Ll% all its income 15 appli¢d for ch4rliJble wirposc8. IJ 'r￿n11b1¢ n¥ed ￿*¢11 vrt¢hOl￿ b¥lWIThii IlS%l¥re$A￿[ nllln eqtrlpmenl Coit AI l JHnii*ry 2U23 Revkliiutlon 'rr8n81èr to inve51ment PMF¢rry 2:684,UUD .427,500 12,175,ODOI 3.524 45,411 2,732.935 1,427.300 12,175.0001 At 31 D¢c¢mber 2023 1.936,5LN) 3,524 45.411 1.985.435 Depreelitlon ImpAlrm¢ht At l J4tiuDry 2023 Deprc¢ithiion ehiT8ed In thpyeor 3,283 43 44,950 80 48.233 123 Ar 31 Deceinhcf 2023 J,326 45,030 18.350 At J l Dec¢mber 2023 1.936,500 381 1.937.079 Al 31 Dttcember 2022 2,684,000 4h2 2,684.703 -20- LEIGH ROAD BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EI¥DED 31 DECEMBER 2023 (Contsnuidl Wh¢* tonductlng the ￿VIeW of lh¢ a55¢18 il wfjs decided by Ihc TNistees Ihg¢ il would ￿ inapproprt#lc to v￿Ye Church bttildings as the plocing of D m(bmeiary v41u¢ upon su¢h on Bsset is VIr￿allY impo¥sible. Thc Chiirch ExcILiding the Siqble$ and lei properties Is ciirrenily iD511rod for the sum of £7.160,238 12022.. 0.510,2331, however if th¢ $Sle wtre to k sold Ihell it would only r¢alise 11$ devclopmcnl va5uc. The Truglee8 h•ve Ih¢rcfort thcid¢d IhHi ir is more irnpodant for each n*mbtsi of the Chureh 10 pluce thElr OWD Yalu¢ upoTh their Chur¢h iAlhcr Ih&n ¢31imaie a rnOll¢thry value. Thii Freeholrj Trmpclty heon revolti¢d 91.. Propcrty VAlw¢ <£1 19 Vark5ide Man8¢ 1.050.000 191 Lelih Road 191,$00 r¢nnis Court* 2(M).000 Th¢ Stable 495,000 Totsl.. £1.936.500 Th¢5¢ piopeffl¢$ We￿ revilurd by Hair ond Sort B$iHte a8enls In July 2024. Diiring Ilils reviluation ilie foll¢wlng pioporti¢s hrtvc be4n recla&iifi¢d io invcilnicnl prop¢rtle9. 29 Mqrguerlt¢ Driv¢, Fl21 189A. Flat 191A 193A, 189 Lei8h Road, 193-195 Leigh RoAd and Ilie Warehoiise. 14 Inwtmtnt prnporty 2023 Falr Ynly¢ Al l 2023 Transf¢T8 from owntrwop¢￿?led PfOPErty 1175,ofAI Al JI Dcc#mbdr 2023 2.175,000 Inveslmtnl pro￿rty comprists of 7 pmpertiE$. Tlie foir of Ihe invoslment prtsptty has bee* atriv¢d tsl ihe bThsi$ of th ￿lue110Th c8rrlEd oui on 19th Jiily 2024 by Hair & Son r.LP Ch&rlered Suryoytsrx wlio are noi ¢onne¢lBd iviilTr Ihe Charlty. Th¢ Val￿*140￿ wes mÈde an opeti mBrkèt v&lue b￿15 by T¢feren¢e 10 intsrkètevidence of tr4Na¢tion priws for similhr propcrile8. 21 LEIGH ROAD IJAPTIST CHURCH NOTES TO THE FTNANCIAL STATEMENTS (CONTJNUED FOR THE YEAR ENDED 31 DEC'EMBER 2023 14 InvistmtNt property (ContihM*dl The properties %4rr¢ val￿d is folloivs.. Propeny 29 MaTÈuerit¢ Drivc 85,QOO ridl 189M, Lcigh RaAd DO,DOO FIAI 191A. I,eigh ttoad 00.of ri41193& LLigh Road 00,000 189 Leigh kotsd 180.000 193-195 Lciih Road 525.nOO Wurehou8e-Chalkwell I'2Tk Dfive 385.000 Tolbl.. £2.175.000 IS D¢btors 21123 21112 Amthvn¢i hlllfvi wllhln ong yeAr: nitt¢rdehiJTh 2tS.004 J6 Movim¢nt In fvidl At Ntl 202J Al Dtoember In b¢1W¢e￿ Revtsluo 2023 UTrreilr5ettd &¢nerÈl fund Thankonering E¢o.lurtd Yniith llJnd- deslgoatsd Livint ttsom 191 2,852.633 17,450 110,7r21 ,427,500 4,27&,47J 2.694 991 11.449 12.44S 123) 12,954 1,030 In,772 688 2,868.702 118,328J Restritttd Barn&bos Llnks LRBC iuddle Ertergi5¢ Tenni$ cliib Pf¢.s¢hool LKtIC hoiLsing & Welfa￿ aS8O¢l•tion ChuTch¢s logclhcr in Leigh Sundry oneryotritens 17,450 1,427.500 4.295.324 1.322 327 224 717 (3001 (Jooi 155tJi 1.349 41 98 554 41.65S 2,C133 273,493 1.992 23,146 554 50.220 10.129 267.401 1.917 8.565 20,396 12.0921 175} 112,865) 12,3001 (4,000) .22- LEIGH ROAD BAPTIST CHURCH NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YKAR ENDED 31 DECEMBER 2023 16 Movtm•ftÉ in fvHd Icorn¢lnwed) 345,291 15,198 117,450) J43.046 TotAI 3.214.000 1.427,500 4.638.370 'rhe M￿￿TIty offund tr&nsfers #r¢ for the groups i.¢. lJ8rnabaB• Link8. Pre3chool glvin8 8ifts ttb lh¢ General fund for the use of ihe PT¢mi8e 17 ov¢m¢nt lil fynds R¢so#r¢¢ expethdtd Mtsvcmenl f¢50¥rceA MovemeDtJN ftrud$ G¢nernl tbnd Think oiferlnR E¢0-￿nd Youth Thnd-d¢81in•t¢d LivlnB room 191 293.723 12,701 58 5.557 947 312.684 256 12,44S 1231 112,277) 688 17,BJ4 260 Rtslrlei*d Ihxndl 312.966 331,31S 118,3281 Link¥ LRBC toddlè 1,572 1.253 2,070 19,188 128,563 4,044 1.245 1,028 1.359 10.623 108.167 6,136 75 2$.332 327 224 717 8.565 20.396 110921 Pfc-school LRBC hobsiDB & welfbre asswialion Chil￿h¢S los￿h￿r in Leig Sundry one￿ff items 12,467 1118651 169,163 153.965 Toial I)j￿dI 482.149 485,280 3,130) -23- L￿lIGH ROAD BAPTJST CHURCH NOTES TO THE FINANCIAL STATEMFwfs (COWINUED) FOR THE YLAR ENDED 31 DECEMBER 2023 18 fundy Brighi Sparks IRI Urighl SpArk¥ iy D popular puKnVcaier aAd ioddleF gr0￿p Ihoi m¢¢ty Dn Wedn2.¥(tsy morThliig Jnd aftcrnvon¥ during I¢Tm liine, Prtxchool IR) . Oiir CiTrriculum r¢fle¢ib Iht Larly Lciiriiiiig (knals as y¢1 oiii foi Pr£￿ch￿l(lI children by lh¢ QCA. P Scliool providcs & hoppy, saf¢ Lnvimninenl ii,herc clildren cRn1¢4rn. EICO Fiitid - Rcfill staison for Cieanillu pr(>diicis sei up In The Livi#8 Iloom. fiubds rnised to prtsmote Eeo fdendl), cliviiic% and awarent*g al Chiir¢h. •iior¥i8¢ IRI-A IteiifjB¥ youlh ¢liib Ihal l.y Cli￿cnI1Y noi operaiionil bill lh¢ monoy ig rijw f¢nccd for %Yh¢n h neiy BTQiIP is uifibll8hcd. c'rii. Chur¢hL's (Rl 'fogelhcr in IASsh-'fhis fiiiid is for ivheii ive do loinl s¢tivit￿4 IDeallJ' IlTriih thlhey Chiirthcs. Loc&1 Chiir¢hes coniribLIItt i() th¢ fund ond on¢n lh¢ surpluy I￿oneY &fter ¢v¢iii¥ is ￿￿ed lo ki¢k yiarl Ihe ntxl ¢veAI. S￿ch Ihlni.I 8 thdv¢rts ITh ilie loekl pBp¢r for bo51er and C'.Iiri$(mH8 %ervieL'.¥. Llvinu lear L¥ needed. -24- LEIGH ROAD BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENT,8 {CONfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 Crttlltor4'. Amo￿￿1# l*lling wllhSn dneye•r 2•2J 2012 Ae¢ruAls and d¢fel￿d Income 9.612 20 R¢tlr¢m4nt btNefA ithem¢y D¢flned contr1b￿lI￿n Bthtme% 202J 2022 Lh•rg¢ lo profil or los¥ in r¢8pr¢l ofdetlDEd conitibuti¢Tr ￿17¢￿¥$ 24.8iVJI Th¢ ChArity opeAic$ o defin¢d conlribuiinn p¢ns•on s¢hoAit for 411 oii8lifyTni cmploy¢e4. 'fh¢ &¥4els of IhB ￿h¢me Bre held sgpoTaiely froin Ihoy¢ of IliL' Cliar¢ly ill an iii*p¢ndenity lldi1lilli8￿rtd fLimd. Th¢ 8lloe&iiDn betwccn r¢slrlci£d aThd Iinreylri¢led fund8 arc d¢peThdunl on Iht rKTh%ioii IIRbllity b¢in6 for Ilio ch￿ch IiinrtNlri¢iodl. or Ihc pr¢.Khool Ir¢$Irie￿d1. 21 R19¢rkt¢d fund8 'rh¢ reffjTi¢led fliTrd.4 of Ihe ehtsrily compri3e th¢ lingxpe￿Itd balAnce¥ of doniilon5 Ind grnnls hold on ltsbj￿t 8pccifio condiljonfi by donors lo how Ibey m4y be ii%ed. Al l 2023 'rr8nsfersA¢31 Ditember 2I2J ye80￿r¢¢& oxpemd¢d .145.2911 1fi9.162 (153,9631 117,4501 34.3.Od7 F￿VI￿￿¥ year.. At I JoT•uAry 2022 TrxA$fenAt 31 Doé¢rnh¢r 21121 re8DUT¢e¥ ¢xyehd¢d 317.882 166,016 1142,875 4.275 .Id5.208 22 Unr¢Jlrleltd 'rhe uDr2siri¢t¢d flind5 ofihB chorliy oompriK the i1￿￿Pellded hblAncc% Dfdonaiions 8nd 8fAniA whlch 4rc not sllbje¢l Iptcifi¢ coiiditions by donor% and grantors tss lo hoiv they miy b¢ iised. These include de$StnRted liJnd$ whicli ho￿ bc¢Th t ￿lide ¢Jui￿r ￿nte.*1T1Lted fvnds by Ihc Irll%lL'¢% for 8pecific pllrffti%eK, At l Tntfjrnlllg RD$oiire ¢XI)¢Nded TrgDsfers 202J Gal￿$ RndAt 31 December losyej 2023 Gfftyal funds 2.86B.7QZ 312.9B7 17.450 1.427.500 4.295.323 -25- LEIGH ROAD BAPTIST CHURCH NOTES TO THE FINANCTAI. STATEMENTS (coiYfiNUED) FOR THE YEAR ENDLD 31 DECEMBER 2023 22 unwir1e1￿ fvnd4 (Contlh¥ed) Pttwioug ytar: At A J4DuTrry 2fr22 In¢omlftg r¢8nurees Rtsoureti ¢xptndtd GrLlns AndA¢31 Dteember 108Jes 2022 Gett¢ral Ihd8 2,872,442 295,561 1295,0261 {4,275) 2.868,702 23 Ahilysl* a•sets behYvN fibhdi Ilnr¢Jlrlel¢d Restrlekd fundi 202J TotAI 2023 3023 A131 D¢¢ember2023., langlbl4 ￿trI8 InV¢sli￿gnI prorrtrtic4 CYff¢ni 8?t¥tlYllliabilili¢$l 1.937,L179 1173,000 183,244 1.937,079 2.175.000 526,291 343,047 4,295.323 343.047 4,63LI,370 Il*r¢ilr5eto Rtjlrlcte 2022 2022 2022 At31 D•t¢Mbir21221 T•ngibl¢ n$8ets Curren¢ ess¢tBllllibllllfje$l 2,684.7Q3 183,999 2,684,7QJ 529,297 34J.298 2.8fj8,702 345.298 3,214,000 24 R•l¥ted p•ity ¢rBng4¢t50th1 No relsied party Ir4n8&eiions In 2023.