2023-12-31-accounts - Lister Hill Baptist Church

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Registered Charity no. 1173771

Lister Hill Baptist Church

Trustees Annual Report and Accounts Year Ended 31st December 2023

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Lister Hill Baptist Church

Year Ended 31st December 2023

Contents Page

	Page
Legal and Administrative Information	1
Trustee's Annual Report	2
Independent Examiners Report	6
Statement of Financial Activities	7
Statement of Financial Position	8
Notes to the Financial Statements	9

Lister Hill Baptist Church

Year Ended 31st December 2023

Legal and Administrative Information

Reference

The Charity is called “Lister Hill Baptist Church” and is registered with the Charity Commission for England and Wales.

Registered Charity Number 1173771 Registered Office 1 Brownberrie Avenue Hosforth Leeds LS18 5PW

The Trustees

The trustees who served during the year end to the period to sign off the financial statements are as follows:

Rachel Stirland Rev Matt Powell Kevin Weeks Resigned May 2023 Tony Collinson Resigned May 2023 Dawn Stirland Clifford Parker Alan Helm Margaret Rushfirth Appointed May 2023 John Fairburn Appointed May 2023 Barbara McLaren Appointed May 2023 Lynne Green Appointed May 2023 Primary Bankers Santander Virgin Money Santander UK PO Box 183 Bridle Road 30 The Foretate Bootle Kilmarknock LS30 4GB KA1 1JH Independent Examiner Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF

Lister Hill Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

The Trustees present their annual report together with the financial statements of the Trust (“Church”) for the year ended 31 December 2023.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) as detailed in the accounting policies.

Structure, Governance and Management

The Church is a registered charity (number 1173771). The Church registered formally with the charity commission in anticipation of its annual income exceeding the permitted limit of £100,000 which meant that it would no longer qualify as an “excepted charity” which was not required to register. The Constitution dated 24 April 2017 forms its governing document. The church is a member of the Baptist Union of Great Britain.

At the date of registration all existing Trustees were appointed formally as Trustees of the new registered organisation.

The method of appointment of Charity Trustees is set out in the Church Constitution. The membership of the Charity Trustees consists of our minister, deacons and leaders, church secretary and treasurer, all of whom are elected at the Church Member’s Meeting. Our Charity Trustees are responsible for making recommendations to the church but ultimately most matters are the decision of the Church Member’s Meeting.

Our Charity Trustee meetings are ‘business like’ and productive, and they always include prayer, Bible reading, and financial matters presented by our Treasurer along with any other matters that need addressing. Minutes are taken efficiently by our Church Secretary, circulated and stored safely for the future.

Reference and Administrative Details

The reference and administrative details are shown within the charity information page which forms part of this Trustees Report.

Our paid administrator carries out most of the administrative tasks of the charity, supported where needed by others such as our Church Secretary.

Public benefit

When reviewing the aims and objectives of the charity, and in planning future activities, the church leadership have had regard for the guidance on public benefit published by the Charity Commission, and in particular the specific guidance on charities for the advancement of religion. The church proclaims the Gospel of Jesus Christ. This benefit is available to all who come into contact with the church in any way.

The Charity Trustees of Lister Hill Baptist Church have the responsibility together with the rest of the church – of seeking the advancement of the Christian faith and the promotion of the whole mission of the Church pastoral, evangelistic, social and ecumenical.

Lister Hill Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

Aims and purposes

The vision for Lister Hill Baptist Church is to “Be family, worship Jesus, make disciples and tell others”.

All of our activities should help us to achieve at least one of these aims. Our strapline is ‘knowing Jesus and making him known’. In brief this reminds us whom we serve, and helps remind us of our central purpose as Christians in a Baptist church.

Working with other local churches and charitable giving

We work with other local churches where possible through Horsforth Churches Together. We do this by sending representatives to participate in their meetings, helping run community events such as activities at the annual Gala, and participating in and supporting acts of public witness such as the Good Friday ‘walk of witness’ and Carols in the Park.

We also continue to support charitable social action both in the UK and abroad, such as supporting Christian Aid, Compassion & Operation Christmas Child.

Wider Baptist life

We partake in wider Baptist life, being a member church of the Yorkshire Baptist Association and the Baptist Union of Great Britain.

Achievements and Performance (Ministers Report)

As I sit and write this AGM report looking back at 2023, we do have so much to be thankful for. At the AGM we took time to hear people’s stories of their experiences of church life in 2023.

The church is all about the people, and Lister has some amazing people who give in so many wonderful ways, give of their time, give using their gifts, given by caring and as a whole church we are always grateful for the generous giving that enables us to do all the things that God has called us to.

It is always good to look back to see how we have changed and grown in the past year, always acknowledging those things we can learn from that will be an important part of growing a healthy church as we move forward.

We want to acknowledge in an annual report that we do not always get things right and lessons should always be learnt and in 2023 we have had times where we have grown through conversation and learning together.

We continue to hold and celebrity that Lister is a diverse church and we are grateful to all who come through the doors of the church. It is a place where we encourage people to be themselves, use the gifts God has given them, and to have a voice in the life of the church family. We learn from one another and we grow together.

– As I list the following things below from 2023 we want to say thank you to God for all that He has done and I pray we will be encouraged.

Lister Hill Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

2023 – HIGHLIGHTS

2023– HIGHLIGHTS
Rainbows café	Holiday Club	End of holiday club time with families	Christmas fun day
Story of the Candy Cane	Christmas Tea and Quiz as a church	Café of hope (CTH)	New leadership team embedded
New people joining the church	Baptism	Bonfire and fireworks evening at Steve and Sue’s	Ignite has grown
LIGHT continues to bless our children	Start of creche	Church conversations	Quizzes and social events
New homegroups started	Link-up (midweek group)	Stable finances	People using their gifts
Live-streaming	Worship group	Tech Team	Café church has developed
Leaders met with Alex and Kez	University relationships have developed	Beautiful services @ Easter and Christmas	Car Treasure Hunt
BMS speaker in Feb	We have become a more culturally diverse church	Mexico team planning trip for 2024	Begin to explore what team ministry may look like
Coffee morning and conversation on dementia	Alpha with Cragg	Series on Exodus and John	Networking: YBA, Blackley Centre, BU, CTH, University
Naomi visited from young adults (YBA)	So many different teams being set up	Shoe-boxes	REWIND
Worship and preaching	Men’s and Ladies ministries	Administration of the church	Warm spaces
New church office

As you can see these are just some of the highlights and things, we are thankful to God for and we pray we will continue to build upon.

Lister Hill Baptist Church

Year Ended 31st December 2023

Trustee's Annual Report

As I end this report, I just want to thank you all for the amazing support you give to the church. Financially we continue to remain sustainable, but with increasing mission focuses and different options we are discussing, finances will continue to be an area we want to encourage us to think and pray about.

We are always delighted to be a church that tithes to some amazing charities around and we look forward to partnering with further charities in 2024. It is good to have a wider focus and to support the great work many others are involved with both locally, nationally and around the world.

I want to thank the Deacons and Ministers Support Team as we spend a lot of time together, seeking God’s guidance in everything we do, praying for Him to lead us in the ways He wants to lead us.

We are excited about what is to come, but we simply want to say THANK YOU to you all and to God for so many blessings that we can look back on in 2023.

Volunteers

Most of what we do is volunteer led, and we could not achieve what we do and offer so much to the community were it not for the hard work of the many volunteers within the church membership. We would like to publicly thank them in this document for all that they give of themselves in order to help us carry out our aims. We provide training wherever it is needed so that our volunteers are up to date with best practice and legal requirements, covering areas such as basic food hygiene, first aid and safeguarding training.

Financial Review

During the year total income amounted to £93,208 (2022; £95,530) of which Donations and legacies was the main component and totalled £73,357 (2022: £88,747). Expenditure for the year totalled £96,336 (2022: £100,198), making net income for the year of £-3,128 (2022: £-4,688). The two main components of expenditure are staff costs and premises costs.

At the balance sheet date, the church had total funds of £1,863,995 (2021: £1,867,123). Uncommitted reserves freely available for church charitable activities decreased by £3,128 to £113,054 (2022: £116,182).

The Trustees considered that the minimum reserves necessary to be held were 12 months of staff costs, which is approximately £38,000.

Investment Policy

In accordance with the Trust Deed, the Trustees have the power to invest in stock or other investments as they see fit.

16/05/2024

This report was approved by the Trustees on …………….……………………and signed on their behalf by:

Matthew Powell Chair

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Lister Hill Baptist Church

Year Ended 31st December 2023

Independent Examiners Report

I report to the trustees on my examination of the financial statements of Lister Hill Baptist Church ('the charity') for the year ended 31 December 2023.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements 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 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.

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Nigel Wyatt BSC FCA Date: 20/05/2024 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF

Lister Hill Baptist Church

Year Ended 31st December 2023

Statement of Financial Activities

Statement of Financial Activities
			2023		2022
		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
	Note	£	£	£	£
Income
Donations and legacies		73,357	-	73,357	88,747
Charitable activities		5,210	577	5,787	2,005
Activities for generating income		10,033	-	10,033	4,149
Other income		4,031	-	4,031	629
		`──────────`	`──────────`	`──────────`	`──────────`
Total income	2	92,631	577	93,208	95,530
		`──────────`	`──────────`	`──────────`	`──────────`
Expenditure
Expenditure on charitable activities	3	95,759	577	96,336	100,198
		`──────────`	`──────────`	`──────────`	`──────────`
Total expenditure		95,759	577	96,336	100,198
		`──────────`	`──────────`	`──────────`	`──────────`
		`──────────`	`──────────`	`──────────`	`──────────`
Net income and net movement in funds		(3,128)	-	(3,128)	(4,668)
		`──────────`	`──────────`	`──────────`	`──────────`
Net income and net movement in funds
Total funds brought forward	12	1,865,955	1,168	1,867,123	1,871,791
Transfers	12	-	-	-	-
		`──────────`	`──────────`	`──────────`	`──────────`
Total funds carried forward	12	1,862,827	1,168	1,863,995	1,867,123
		`──────────`	`──────────`	`──────────`	`──────────`

All income and expenditure derive from continuing activities.

Lister Hill Baptist Church

Year Ended 31st December 2023

Statement of Financial Position

Statement of Financial Position
		2023	2022
	Note	£	£
Fixed assets
Tangible fixed assets	8	1,744,336	1,749,773
		`──────────`	`──────────`
		1,744,336	1,749,773
Current assets
Debtors	9	4,945	8,903
Cash at bank and in hand		129,314	127,653
		`──────────`	`──────────`
		134,259	136,556
Creditors: amounts falling due within one year	10	7,190	7,739
		`──────────`	`──────────`
Net current assets		127,069	128,817
		`──────────`	`──────────`
Total assets less current liabilities		1,871,405	1,878,590
		`──────────`	`──────────`
Creditors: amounts falling due after one year	11	7,410	11,467
		`──────────`	`──────────`
Net assets	13	1,863,995	1,867,123
		`──────────`	`──────────`
Funds of the charity
Restricted funds	12	1,168	1,168
Unrestricted funds	12	1,862,827	1,865,955
		`──────────`	`──────────`
Total charity funds	12	1,863,995	1,867,123
		`──────────`	`──────────`
Name of Trustee:	Matt Powell
───────────────────────────────────────────────────
Signed on behalf of the Trustees:
───────────────────────────────────────────────────
Date of approval:	20/05/2024
───────────────────────────────────────────────────

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

1 Accounting Policies

Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Fund Accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources. It is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

• All voluntary income from members of the church are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.

• Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

• Income resources from charitable trading activities such as the letting are accounted for when invoices are drawn up (as the point of entitlement).

• Donated services and facilities are included at the value to the charity where this can be quantified.

• Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• Volunteer time, the value of voluntary support for the work of the church is not included in the accounts but is described in the Trustees annual report.

• Investment Income is included in the accounts when receivable.

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Tangible fixed assets

All assets costing more than £700 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. No depreciation has been charged on the freehold building as it is considered that the residual value is such that any depreciation charge would be immaterial. The following fixed asset categories are depreciated on the following basis.

Freehold land and buildings: Not depreciated Fixtures and fittings: 25 years straight line Office equipment: 5 years straight line

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Operating Leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

2 Analysis of Income

Analysis of Income
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Income from donations and offerings
Standing order - planned donations	54,655	-	54,655
Collection offerings	5,607	-	5,607
Gift-Aid recoverable	12,634	-	12,634
Other donations	461	-	461
	`──────────`	`──────────`	`──────────`
	73,357	-	73,357
Income from charitable activities
Holiday club	1,299	577	1,876
Rainbows café	1,468	-	1,468
Youth work	2,443	-	2,443
	`──────────`	`──────────`	`──────────`
	5,210	577	5,787
Income from other trading activities
Premises lettings	10,033	-	10,033
	`──────────`	`──────────`	`──────────`
	10,033	-	10,033
Income from investments
Interest on cash deposits	4,031	-	4,031
	`──────────`	`──────────`	`──────────`
	4,031	-	4,031
	`──────────`	`──────────`	`──────────`
Total Income	92,631	577	93,208
	`──────────`	`──────────`	`──────────`

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

2 Analysis of Income (Continued)

*Analysis of Income(Continued)***
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Income from donations and offerings
Standing order - planned donations	64,284	4,470	68,754
Collection offerings	2,314	-	2,314
Gift-Aid recoverable	16,242	1,168	17,410
Other donations	269	-	269
	`──────────`	`──────────`	`──────────`
	83,109	5,638	88,747
Income from charitable activities
Church activities	2,005	-	2,005
	`──────────`	`──────────`	`──────────`
	2,005	-	2,005
Income from other trading activities
Premises lettings	4,149	-	4,149
	`──────────`	`──────────`	`──────────`
	4,149	-	4,149
Income from investments
Interest on cash deposits	629	-	629
	`──────────`	`──────────`	`──────────`
	629	-	629
	`──────────`	`──────────`	`──────────`
Total Income	89,892	5,638	95,530
	`──────────`	`──────────`	`──────────`

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

3 Expenditure on charitable activities by fund type

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Administration	1,996	-	1,996
Church premises costs	22,296	-	22,296
Giving and donations	10,601	-	10,601
Governance costs	1,662	-	1,662
Manse costs	8,110	-	8,110
Ministry and church activities	11,802	577	12,379
Staff related costs	2,047	-	2,047
Staff salaries	37,245	-	37,245
	`──────────`	`──────────`	`──────────`
	95,759	577	96,336
	`──────────`	`──────────`	`──────────`

Building and Premises costs includes a £6,284 (2022: £6,115) depreciation charge.

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Administration	4,051	-	4,051
Church premises costs	26,493	2,266	28,759
Giving and donations	6,742	4,470	11,212
Governance costs	1,560	-	1,560
Manse costs	6,624	-	6,624
Ministry and church activities	13,107	-	13,107
Staff related costs	3,741	-	3,741
Staff salaries	31,144	-	31,144
	`──────────`	`──────────`	`──────────`
	93,462	6,736	100,198
	`──────────`	`──────────`	`──────────`
Governance Costs
	2023	2022
	£	£
Independent Examiner's fee	1,662	1,560
	`──────────`	`──────────`
	1,662	1,560
	`──────────`	`──────────`

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

4 Volunteers

The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.

5 Independent examination fees

Fees payable to the independent examiner for:

2023 2022 £ £ Independent examination and preparation of the financial 1,661 1,560 statements

6 Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2023	2022
	£	£
Wages and salaries	33,408	28,431
Social security costs	-	-
Employer contributions to pension plans	3,837	2,713
	`──────────`	`──────────`
	37,245	31,144
	`──────────`	`──────────`

The average head count of employees during the year was as follows:

	2023	2022
Average head count	2	2

Number of employee received employee benefits of more than £60,000 during the year was as follows:

2023 2022 - - More than £60,000

The Charity also utilised the services of some self employed contractors during the year.

Key Management Personnel

The charity considers its key management personnel to be the Trustees and the Minister. The total employee benefits received by key management were as follows:

	2023	2022
	£	£
Key management personnel employee benefit	32,397	25,162

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

7 Trustee remuneration and expenses

During the year two trustees received remuneration as employees of the charity. M Powell was employed by the Church as Minister and D Stirland as Administrator. Both are not remunerated for the role as trustee. The total remuneration received during the year including employers national insurance and employers pension contribution was as follows.

	2023	2022
	£	£
M Powell	32,397	25,162
D Stirland	7,166	6,327

During the year three trustees (2022: One) incurred out of pocket expenses for the day to day running of the Charity. The total expenses claimed during the year was £681 (2022: £755). The type of expenses incurred related to ministry and pastoral costs.

During the year the total aggregated donations made to the charity by the trustee's during the year was £5,360 (2022: £9,360).

8 Tangible fixed assets

Tangible fixed assets
	Freehold
	land and	Fixtures	Other
	buildings	and fittings	equipment	Total
	£	£	£	£
Cost
At 1 January 2023	1,664,819	112,498	8,074	1,785,391
Additions	-	-	847	847
	`──────────`	`──────────`	`──────────`	`──────────`
At 31 December 2023	1,664,819	112,498	8,921	1,786,238
	`──────────`	`──────────`	`──────────`	`──────────`
Depreciation
At 1 January 2023	-	30,148	5,470	35,618
Charge for this year	-	4,500	1,784	6,284
	`──────────`	`──────────`	`──────────`	`──────────`
At 31 December 2023	-	34,648	7,254	41,902
	`──────────`	`──────────`	`──────────`	`──────────`
Carrying amount
At 31 December 2023	1,664,819	77,850	1,667	1,744,336
	`──────────`	`──────────`	`──────────`	`──────────`
At 31 December 2022	1,664,819	82,350	2,604	1,749,773
	`──────────`	`──────────`	`──────────`	`──────────`

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

9 Debtors

	2023	2022
	£	£
Accrued income	4,740	8,869
Other debtors	205	34
	`──────────`	`──────────`
	4,945	8,903
	`──────────`	`──────────`
Creditors: amounts falling due within one year
	2023	2022
	£	£
Trade creditors	790	1,580
Accruals	2,279	2,231
Bank loan	4,121	3,928
	`──────────`	`──────────`
	7,190	7,739
	`──────────`	`──────────`
Creditors: amounts falling due after one year
	2023	2022
	£	£
Bank loan	7,410	11,467
	`──────────`	`──────────`
	7,410	11,467
	`──────────`	`──────────`

10 Creditors: amounts falling due within one year

11 Creditors: amounts falling due after one year

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

12 Analysis of charitable funds

	1 Jan 2023	Income	Expenditure	Transfers	31 Dec 2023
	£	£	£	£	£
Unrestricted Funds
Unrestricted
General funds	116,182	92,631	(95,759)	-	113,054
Designated
Church property fund	1,749,773	-	-	-	1,749,773
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Unrestricted	1,865,955	92,631	(95,759)	-	1,862,827
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Ukraine appeal	1,168	-	-	-	1,168
Holiday club	-	577	(577)	-	-
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Restricted Funds	1,168	-	-	-	1,168
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds	1,867,123	92,631	(95,759)	-	1,863,995
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	1 Jan 2022	Income	Expenditure	Transfers	31 Dec 2022
	£	£	£	£	£
Unrestricted Funds
Unrestricted
General funds	117,117	89,892	(87,347)	(3,480)	116,182
Designated
Church property fund	1,752,408	-	(6,115)	3,480	1,749,773
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Unrestricted	1,869,525	89,892	(93,462)	-	1,865,955
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Future church and manse refurbishment	2,266	-	(2,266)	-	-
Ukraine appeal	-	5,638	(4,470)	-	1,168
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Restricted Funds	2,266	5,638	(6,736)	-	1,168
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds	1,871,791	95,530	(100,198)	-	1,867,123
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Lister Hill Baptist Church

Year Ended 31st December 2023

Notes to the Financial Statements

Fund Descriptions

Church property fund

The Church property asset fund is the value of unrestricted funds represented by the tangible fixed assets owned and used by the Church on an on-going basis. These comprise of the church, the manse, fixtures, fittings and equipment of the church.

Holidy club

Donations received to specifically support and fund the holiday bible clue run during the summer of

Ukraine appeal

To raise money to help and support the citizens of Ukraine as part of the wider Baptist Union's fund raising appeal.

Fund transfers

Transfers from the General fund to the Church property fund of £3,480 of fixed asset additions so that the fund matches the net book value of assets held at the year end.

13 Analysis of net assets between funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Tangible fixed assets	1,744,336	-	1,744,336
Current assets	133,091	1,168	134,259
Creditors less than 1 year	(7,190)	-	(7,190)
Creditors greater than 1 year	(7,410)	-	(7,410)
	`──────────`	`──────────`	`──────────`
	1,862,827	1,168	1,863,995
	`──────────`	`──────────`	`──────────`
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2022
	£	£	£
Tangible fixed assets	1,749,773	-	1,749,773
Current assets	135,388	1,168	136,556
Creditors less than 1 year	(7,739)	-	(7,739)
Creditors greater than 1 year	(11,467)	-	(11,467)
	`──────────`	`──────────`	`──────────`
	1,865,955	1,168	1,867,123
	`──────────`	`──────────`	`──────────`

14 Related party transactions

No related party transactions took place during the year (2022: £0).