## ||There are three main identifiable
benefits toths pubgc or secNons afthe|There are three main identifiable
benefits toths pubgc or secNons afthe| |---|---|---| ||public that Row from the church fuIRNing
its purposes.|| ||1.Those who come to know and continue
in the love ofGod report that|| ||accepting ths love ofGod in Jesus Christ was the best decision they ever|| ||made and that knowing
this love gives them strength
in their everyday|| ||life.|| ||2.Advancing
the Chrisgan
Faith promotes 0 moral framework
for living|| ||forthe whole ofour sorNety atalocal and indeed 0 national
level. This|| |Summary ofthe main
acgvltlss undertaken
forthe
public benefit In tslagon to
these objects (Include within
this seclon the statutory
declarsgon that trustees have
had rrsgard tothe guidance
issued by the Charity
Commission
on public
benefit)|framework
is outlined
in the 8!ble,the Old Testament
being interpreted
by the Nsw Testament. A summary
ofthe framework
is the command
for
people to'lave.'Gad with theic heart, soul, mind snd strength
and love
one's neighbour ss oneself. These consNtute the two great commands
given to ag men by God, and are a summary
ofthe whole af God's Iaw. It
is in a man's interest and 0benefit to him to atdde by these our God's
commands.
An exposition ofthe framework
can be found in chapters 5-7
ofthe Gospel ofMatthew.
Church members are encouraged
to live out their faith within the
community
snd to put this moral framework
into practice in their everyday
lives with everyone
they interact with and sothis bensgts the members of|| ||the public who interact with members ofthe congregation
each day.|| ||3.Itisforthe pubga good that the main beliefs ofthe Chrisgan
Faith are|| ||made known
in safety, even ifpeople disagree with the ChrkrNan|| ||message, because this enables people to make informed choices|| ||concerning
religious belief and contributes
towards 0free sodety where|| ||difl'erent ideas and beliefs ars widely knawn by the public.|| |Addigonal
details ofobjecgves|and actlvides (Optional information)|| |You may choose to include||| |further statements,
where||| |relevant,
about:||| |~
policy on grantmaking;||| |~
policy programme
related||| |investment;||| |~
contribuNon
made by||| |volunteers.||| |~|~||~
~
~|| |---|---|---|---|---| |Summary ofthe main
achievements
ofthe charity
during the year|||This past year has seen the church resuming
in full, all the programme
of
regular church meetings
and activities after the recent Covid restrictions.|| ||||Sunday
morning
and evening services resumed
fully, and have continued|| ||||throughout
the past year, with both services advertised
locally and open|| ||||to the public; and especially to the local community
of Ivybridge.
A|| ||||significant
number of our church members
and regular attendees|| ||||continue
to travel
in to our services from as far away as Plymouth,|| ||||Tavistock and the Kingsbridge
areas|| ||||Our Christmas
Eve Carols by Candlelight
service resumed
in its usual|| ||||format, offering a "traditional"
Carol Service of readings
and carols to the|| ||||church family and the local community.
There was a special service held|| ||||a week pdior to Christmas
Day aimed at the parents,
grandparents
and|| ||||children associated
with our Toddler group. Families attending
the group|| ||||were also invited to join in our Christmas
Shoebox programme
run by|| ||||Samaritan's
Purse, to send gifts to Children
in need. Our contributions|| ||||this year went to children
in Belarus.|| ||||Evening services were reviewed
and saw a change
in format to include|a| ||||special focus on national
and international
mission,
and a light meal|| ||||leading
into the Lord's Supper service. These are held in the front area|of| ||||the church,
and continue to be open to the public.|| ||||We run a Sunday school currently
and regularly
attended
by young|| ||||children
from two ofour church families and by local visitors and holiday|| ||||makers
children
on occasion|| ||||We have a mid week prayer and bible study meeting
on Thursday|| ||||evenings.
This alternates
between
home groups
in Ivybrige,
Plymouth|| ||||and Kingsbridge,
and the church
building.
It is open to anyone
attending|| ||||our services
in the church congregation.
We occasionally
have visitors|in| ||||attendance
who have found us via our church website.|| ||||We continue to run s growing toddler group on Tuesday
mornings,
open|| ||||to local mums dads and grandparents
with their pre nursery age children.|| ||||We offer craft activities, general
play, with songs and stories mainly|| ||||drawn
from our Christian
Faith and the Bible. There is opportunity
to sit|| ||||and chat with each other and with the small team of church members|| ||||who run the program.|| ||||In January
of this year we opened a warm space advertised
locally,|| ||||inviting
people to come in to the church to socialise and keep warm. This|| ||||is run on Wednesday
mornings
with plans to offer this service
all year|| ||||round.
It has been attended
by a number offolk outside ofthe church|| ||||congregation|| ||||This past year we have encouraged
our members
to attend local|| ||||community
run groups,
and moved one of our newer meetings
into the|| ||||local Library once a month to foster more community
engagement.|| ||||The main church meeting space has had some plaster work repaired
and|| ||||the whole main
hall and foyer area have been repainted.
We are looking|| ||||and planning
to find a new minister to further develop the work ofthe|| ||||church,
with a particular focus on our local Community
of Ivybridge.|| ||||We trust that the Lord will continue to grant the leaders and trustees of|| ||||the church wisdom
&discernment
in the decisions we take.|| Séction D Achievements and-performance TAR March 2012 ## ||||Pages| |---|---|---|---| |Trustees' Annual
Report|||2to3| |Independent
Examiner's|Report||| |Statement ofFinancial Activities|||| |Summary
Income and Expenditure||Account|| |Balance Sheet|||| |Statement ofCash flows|||| |Notes tothe Accounts|||Bto15| |Detailed Statement ofFinancial Activities|||16to 17| ## ## ## ## ## ## ## ## ## ## ## ## ## |Unrestricted||| |---|---|---| |funds|Total funds|Total funds| |2028|20232022|| |6|6|6| |44,767|44,767|51,208| |44,767|44,767|51,20$| |10,357|10,357|10,412| |27,860|27,860|30,496| |38,217|38,217|40,908| |6,550|6,550|10,300| |6,550|6,550|10,300| |6450|6,550|10,300| |232,333|232,333|222,034| |238,883|238,883|232,334| ## ## |||2028|2022| |---|---|---|---| |||g|E| |Income||44,767|51,208| |Gross income forthe year||44,767|51,208| |Expenditure||38,167|40,645| |Depreciation|and charges for||| |impairment|offixed assets|50|| |Total expenditure
forthe year||38,217|40,909| |Net Income|before tax for the year|6,550|10,299| |Net income|forthe year|6,555|10,299| ## ## ## ## |Cash flows from openrdng|ctlvtthrs||| |---|---|---|---| |Net income per statement|ofBnandal cthvithrs|6,550|10,299| |Adjustments
for.|||| |Depredation ofproperty,
plant and equipment||50|264| |(Increase)/Decrease
in|trade and other reciivabes|(72)|940| |(Decrease)/Increase
in|trade and other payables|(158)|70| |Net cash prcwhled
by operaNng acthdges||6370|11479| |Net cash from investing activides|||| |Cash flows from finandng|acthdties||| |Repayment ofborrowings||(2,600)|(6,280)| |Net cash used InRnandng|activtdes|(2,600)|(6,280)| |Net Increase in cash and cash «luivahnus|||5499| |Cash and cash equivalents|atthe beginning ofthe year|60,788|55,496| |Cash and cash equivalents|atthe end ofthe year|64,558|60,789| |Components ofcash and cash equivalents|||| |Cash and bank balances||64,595|| |||64,535|60,788| ## ## |last year and no cha|last year and no cha|nges have been made toaccounts for previous years.||||||| |---|---|---|---|---|---|---|---|---| |Fund accounting||||||||| |Unrestricted|funds|These are avagable for use atthe discretion ofthe trustees
in furtherance||||ofthe||| |||general ob/ects ofthe charity.||||||| |Designated|funds|These are unrestricted
funds earmarked
by the trustees|for particular purposes.|||||| |Revaluation|funds|These are unrestrkted
funds which include a revaluation||reserve representing||||the| |||restatement
ofinvestment
assets attheir market values.||||||| |Restrkted funds||These are available for use subject to restrictions imposed||by the donor|or|through||| |||terms ofan appeal.||||||| |Income||||||||| |Recognition|of|Income is included in the Statement ofFinandal
Actlvtffes||(SoFA)when|the|charity||| |income||becomes entided to, and virtually certain to receive, the income and the amount of||||||| |||the income can be measured
with suffident
reliabigty.||||||| |Income with|related|Where income has related expenditure
the income and|related expenditure||||is|| |expenditure||reported gross in the SoFA.||||||| |Donations and||Voluntary
income received by way ofgrants, donations|and giffs is Induded|||in||the| |legades||the SoFAwhen
eceivable and
only when the Charity has||unconditional||||| |||entitlement tothe income.||||||| |Tax reclaims|on|Income from tax reclaims is included
in the SoFAat the same time asthe||||||| |donations
and gifts||gift/donation
towhich itrelates.||||||| |Donated services||These are only included
in income (with an equivalent
amount
in expenditure)||||||| |and facgities||where the benefit tothe Charity is reasonably
quantIRable,||measurable|and|||| |||material.||||||| |Volunteer help||The value ofany volunteer
help received isnot induded|in|the accounts.||||| |Investment
income||This is induded
in the accounts when receivable.||||||| |Gains/(losses)|on|This indudes any gain orloss resulting from revaluing
investments
to market|||||value|| |revaluation
offixed||atthe end ofthe year.||||||| |assets||||||||| |Gains/(hrsses)|on|This indudes any gain or loss on the saleofinvestments.||||||| |investment
assets||||||||| |Expenditure|||| |---|---|---|---| |Recognithn|of|Expenditure
isrecognised on an accruals basis. Expenditure
Indudes any VAT which|| |expenditure||cannot befully recovred, and is reported as part ofthe expenditure towhich it|| |||relates.|| |Expenditure|on|These comprise the costs associated with attracting
voluntary|income, fundraising| |raising funds||trading costs and investment
management
costs.|| |Expenditure|on|These comprhe the costs incurred
by the Charity in the delivery ofits activNes and|| |charitable activities||servkes in the furtherance
ofits objects, Indudlng the maldng|ofgrants and| |||governance costs.|| |Grants payable||AIIgrant expenditure
isaccounted for on an actual paid basis|plus an accrual for| |||grants that have been approved
by the trustees atthe end of|the year but not yet| |||paid.|| |Governance|costs|These indude those costs associated with meeting the constkuttonal
and statutory|| |||requirements
ofthe Charity, including
any audltjindependent|examination
fees,| |||costs linked tothe strategic management
ofthe Charity, together wgh a share of|| |||other administration
costs.|| |Other expenditure||These are support costs not agocated toa particular activity.|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |3|Statemen|t|o|fPlnandal|Actiiies - prior year|||| |---|---|---|---|---|---|---|---|---| |||||||UnrestHcked||| |||||||funds|funds|Total funds| |||||||2022|2022|2022| |Income and endowments|||||from:|||| ||oonations|and legades||||51,208||51,208| |Total||||||51,208||51,208| |Expenditum||on:||||||| ||Charitable||activities|||4,370|6,042|10,412| ||Other|||||29,999|498|30397| |Total||||||34,369|6,540|40,909| |Net|income|||||16,839|(6,540)|10,299| |TransFers between funds||||||(12,540)|12~|| |Net|Income before other|||||4,299|6,000|10399| |galas/gosses)||||||||| |Other gains and||||losses:||||| |Net|mcwement||in funds|||4,299|6,000|10,299| |ReconcgiaSon|||offunds:|||||| |Total funds brought forward||||||193,709|28325|222,034| |Total funds carrhrd forward||||||198,008|34325|232333| |4|Income hom|||donations|and hrgacies|||| |||||||Un eslrhsed|Total|Total| ||||||||202S|2022| |||||||6|8|8| |||||||44,617|44,617|50,929| |||||||150|150|279| |||||||44,767|44,767|51,208| |5|Expenditure|||on charitable acthddes||||| |||||||Unrestkted|Total|Total| ||||||||2023|2022| ||||||||6|6| |||||||10357|10,357|10,412| ||Governance||casts|||||| |||||||10,357|10457|10/12| ## |No
6|tes tothe Accounts
Olher expenditure|||||| |---|---|---|---|---|---|---| ||||||Total|Total| ||||||2023|2022| ||||||3|f| ||Adverdsing
and Promotkmal||||453|| ||Uterature|||||| ||Employee costs|||19,109|19,109|23,422| ||Premises costs|||6340|6340|3,952| ||Amortisatlon,
depredation,|||||| ||impairment,
profit/loss|on||50||| ||cNsposal offixed assets|||||| ||General administrative|costs||776|776|1,206| ||Legal and professional costs|||1.232|1,232|1,252| |||||273/60|27~|30,496| |7|Net income before transfers|||||| |||||||2022| ||This bstated after charging|||||8| ||Depredation ofawned|Sxed assets||||264| |8|Staffcosts|||||| |||||2023||2022| ||Salaries and wages|||18,824||22ri20| ||Penskm costs|||285||512| |||||19,109||23,422| ||No employee received emoluments||in excess of660,000.|||| |9|Tangible fixed assets|||||| ||Cost orrevaluation|||||| ||At 1June 2022||172~|617|545|174,051| ||At31May 2023||172~|617|545|174051| ||Depredation
and|||||| ||Impairment|||||| ||At1June 2022|||617|210|827| ||Depreciation charge forthe||||50|50| ||year|||||| ||At31May 2023|||617||| ||Net book values|||||| ||At31May 2023||||285|173,174| ||At31May 2022||172,889||335|173,224| |10|Debtors|||||| |||||2023||| |||||8||| ||Other debtors|||409||| ||Prepayrnents
and accrued income|||1,450||1,787| |||||1459||1,787| |Ivybrldge
Baptist Church|Ivybrldge
Baptist Church|Ivybrldge
Baptist Church||||||| |---|---|---|---|---|---|---|---|---| |Notes tothe Accounts||||||||| |11 Creditors:||||||||| |amounts|falling due within one year|||||||| |||||||||2022| |||||||||8| |Otherloans||||||||2,600| |Other creditors||||||||158| |Accruals||||||685||708| |||||||||3,466| |12 Movement||In funds||||||| ||||||Incoming|||| ||||||resources|Resources|Gross|At31Nlay| ||||At|1June|(induding
other|expended|tmnsfers|2023| |||||2022|gains/losses)|||| ||||||8|||| |Restricted funds:||||||||| |Unrestricted||funds:||||||| |General funds|||198,008||44,767|(38,217)|(10,784)|193,774| |Designated||funds:||||||| |||||650|||3,394|4,044| ||||18,024||||3,395|21,419| ||||12,627|||||12,627| |||||841|||3,395|4,236| |||||2,183|||600|2,783| |Total|||34,325||||10,784|45,109| |Total funds|||232.333||44,767|(38,217)||238,883| |13 Analysis of||net assets between funds||||||| |||||||Unrestricted|Restricted|Total| |||||||funds|funds|| |||||||E|6|6| |Fixed assets||||||6,101|167,073|173,174| |Net current||assets||||51,008|14,701|65,709| |||||||57,109|181,774|238,883| |14 RecomSBation ofnet debt||||||||| |||||||At1June||At 31May| |||||||2022|Cash Bows|2023| |||||||6|8|8| |Cash and|cash equivalents|||||60,788|3,747|64,535| |||||||60,788|3,747|64,535| |Bonowings||||||(2,600)|2,600|| |||||||(2,600)|2,600|| |Net debt||||||58,188|6,347|64435| ## ## ||Operutfnp fence commldnents
Annual commitments
under nonmncegable|operating leases are|asfollows:|| |---|---|---|---|---| |||2025|EOXI|ggu| |||Land and||Land and| |||buihSngs||buihgngs| |||E|E|E| ||Operating
leases with expiry date:|||| ||pensfon conmtftments|||| ||The pension costcharge tothe company|||| ||amounted to:|||| |16|Related party disdosures
~party|||| ## |forthe year ended 3|1a||gay 2023|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| |||||2023|2023|2022| |||||8|8|E| |Income and endowments|||from:|||| |Donations and legacies||||||| |||||44,617|44,617|50,929| |||||150|150|279| |||||44,767|44,767|51,208| |Total income and endowments||||44,767|44,767|51,208| |Expenditure on:||||||| |Charitable activities||||||| |||||10,357|10,357|10,412| |||||10357|10,357|10,412| |Total ofexpenditure
activities|on||charitable|10,357|10,357|10,412| |Other expenditure||||||| |Advertising
and Promotional||||453|453|400| |Uterature||||||| |||||453|453|400| |Employee costs||||||| |Salaries/wages||||18,824|18,824|22,910| |Pension costs||||285|285|512| |||||19,109|19,109|23,422| |Premises costs||||||| |Rates||||564|564|587| |Light, heat and power||||1,270|1,270|1,372| |Premises insurances||||1,706|1,706|1,626| |Premises repairs and||||2,700|2,700|367| |maintenance||||||| |||||6,240|6,240|3,952| |General administrative|||costs,|||| |including
depreciation||and||||| |am ortisatlon||||||| |Depreciation of||||||205| |Depreciation of||||50|50|59| |Bank charges||||194|194|218| |Equipment
repairs and||||||66| |maintenance||||||| |Information
and publications||||180||| |Software, ITsupport|and related|||110|110|| |costs||||||| |Stationery and printing||||167|167|376| |Subscriptions||||||53| |Ivybddge gaptbt Church|Ivybddge gaptbt Church|| |---|---|---| |Detailed Statement|offinandal|Acthrities| |Sundry expenses||| |Legal and professional costs||| |Accountancy
and|bookkeeping|| |Other legal and professional||| |costs||| |Total ofsnpenditum|ofother costs|| |Total expendiure||| |Net gains on investments||| |Net income before|other|| |gains/(hrsses)||| |Other Gains||| |Net movement
In funds||| |Recondliation
offunds:||| |Total funds brought|forward|| |Total funds carded|forward|| ||125|493| |---|---|---| |826|826|1,470| |955|955|920| |277|277|332| |1,232|1,232|1,252| |27,860|27~|30,496| |38,217|38317|| |6,550|6450|10+00| |6,550|6450|10300| |6,550|6,550|10,300| |232,333|232,333|222,034| |238,883|238,883|232~|