Registered Charity no. 1173771
## **Lister Hill Baptist Church**
**Trustees Annual Report and Accounts Year Ended 31st December 2023**
## **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
1
## **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.
2
## **Lister Hill Baptist Church**
## **Year Ended 31st December 2023**
## **Trustee's Annual Report**
## **Aims and purposes**
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.
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.
3
## **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.
4
## **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**
5
## **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:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. 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.
Nigel Wyatt BSC FCA Date: 20/05/2024 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
6
## **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.
7
## **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|||
|───────────────────────────────────────────────────||||
8
## **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.
9
## **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.
10
## **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**|
||`──────────`|`──────────`|
`──────────`|
11
## **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**|
||`──────────`|`──────────`|
`──────────`|
12
## **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||
||`──────────`|`──────────`||
13
## **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|
14
## **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|
||`──────────`|
`──────────`|`──────────`|`──────────`|
15
## **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**
16
## **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**|
||`──────────`|`──────────`|`──────────`|`──────────`|
`──────────`|
17
## **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).
18