Barnwell Baptist Church CIO
Trustees' Report and Accounts
For the Year Ended 31st December 2023
Registered Charity Number: 1178568
Barnwell Baptist Church CIO
Accounts for the year ended 31st December 2023
Contents and Charity Information
| Contents | Page | |
|---|---|---|
| Report of the Trustees | 1 | |
| Independent Examiner's Report | 2 | |
| Statement of Financial Activities | 3 | |
| General Fund | 4 to 7 | |
| Marleigh Fund | 8 and 9 | |
| Tithe Fund | 10 and 11 | |
| Manse Fund | 12 | |
| Pastoral Fund | 13 | |
| Golden Years Fund | 14 | |
| Balance Sheet | 15 | |
| Notes to the Accounts | 16 to 19 |
| Trustees | David Stephen Charnock-Jones |
|---|---|
| Catrin Horrex | |
| Daniel Horrex | |
| Rev Stuart Wood | |
| Address | Barnwell Baptist Church |
| Howard Road | |
| Cambridge | |
| CB5 8QS | |
| Contact | Rev Stuart Wood |
| Minister |
Barnwell Baptist Church CIO
Page 1
Accounts for the Year Ended 31 st December 2023
Report of the Trustees
The trustees present their annual report and the accounts for the year ended 31 st December 2023.
Objects and Activities
At the start of 2023, we were in the process of completing on the purchase of a Manse for the Minister at Marleigh to live in with her family. As reported in the 2022 accounts, this purchase was completed on 3rd March 2023. Catrin Horrex and her family moved into the house on 16th March and have started to live on the development, which has given rise to many more opportunities to serve the new community there.
In July 2023, the Church agreed to call Catrin Horrex to become full-time Minister at Marleigh once her training is completed in the summer of 2024. This is another step of faith by the Church, but we have already been successful in one grant application to assist with this appointment and we are sure the required funds will be provided.
We have continued to meet as one congregation at Howard Road during the year, particularly as our full-time Minister took a sabbatical during the early Autumn. As we moved into 2024 and look towards Catrin starting, the new congregation at Marleigh began to meet in the Manse to pray and establish a way forward.
During 2023, we have continued to serve our community through activities and groups in the Church and within the community itself. Our Church services have been well attended, the Alpha course was an encouragement running through the summer term, and led to 5 baptisms.
As reported last year, our work with the Christian property developers looking at the Church site was put on hold while the Manse was purchased. At the end of the year, we started to turn our attention to this issue once again and hope to make some progress during 2024.
Our overarching aim remains to encourage discipleship within the Church and reach those in the area with the Gospel. Despite the challenges, we have muoh to give thanks for and continue to trust that in 2024 God will meet all our needs as He leads us in His ways.
This report was approved by the board of trustees on 21st July 2024 and signed on their behalf.
Rev Stuart Wood Trustee
Page 2
Barnwell Baptist Church CIO
Accounts for the year ended 31 st December 2023
Independent Examiner's Report
To the Trustees of Barnwell Baptist Church CIO
I report to the trustees on my examination of the accounts of the charity for the year ended 31 st December 2023.
Responsibilities and Basis of Report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Acts 2011 ("the Act").
I report in respect of my examination of your charity's accounts carried out under section 145 of the Act, and in carrying out my examination I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any mate niafl..-especl.
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the
examination to which attention should be brought in this report in order to enable a proper understanding of the accounts to be reached.
Geoff Mann FCIE Geoff Mann Limited
Dee House
Highworth Avenue Cambridge CB42BQ
Barnwell Baptist Church CIO
Page 3
Statement of Financial Activities
For the year ended 31 December 2023
| Pages Incoming Resources General Fund 4 to 7 Designated Fund (Marleigh) 8 and 9 Tithe Fund 10 and 11 Manse Fund 12 Pastoral Fund 13 Golden Years 14 Total Incoming Resources Resouces Expended General Fund 4 to 7 Designated Fund Marleigh 8 and 9 Tithe Fund 10 and 11 Manse Fund 12 Pastoral Fund 13 Golden Years 14 Total Resources Expended Net Movement in Funds Fund Balances Total Funds Brought Forward Total Funds Carried Forward |
Unrestricted Restricted Total Funds Funds Funds 81,121 £ 81,121 £ 41,195 £ 41,195 £ 8,222 £ 8,222 £ 132,039 £ 185,412 £ 317,451 £ 1,547 £ 1,547 £ 182 £ 182 £ 264,307 £ 185,412 £ 449,719 £ 78,010 £ 78,010 £ 44,638 £ 44,638 £ 6,896 £ 6,896 £ 163,345 £ 163,345 £ 2,621 £ 2,621 £ 448 £ 448 £ 295,958 £ - £ 295,958 £ 31,651 -£ 185,412 £ 153,761 £ 53,836 £ - £ 53,836 £ 22,185 £ 185,412 £ 207,597 £ 2023 |
2022 |
|---|---|---|
| Unrestricted Funds 71,190 £ 29,556 £ 8,077 £ 60,001 £ 160 £ 14 £ |
||
| 168,999 £ |
||
| 70,319 £ 27,002 £ 5,342 £ 76,396 £ 684 £ 528 £ |
||
| 180,270 £ |
||
| 11,271 -£ 65,107 £ |
||
| 53,836 £ |
Barnwell Baptist Church CIO
Page 4
General Fund Summary
For the Year Ended 31st December 2023
| Note Income Regular Giving Income Tax Recovered Donations Regular Lettings A Casual Lettings Total Rental Income Other Income Bank Interest Total Other Income Total Income Expenditure Ministry B Minister C Housing D Premises E Office Costs F Services & Activities G Outreach H Missions I Other Expenditure J Total Expenditure Total Income less Expenditure |
50,659 £ 12,686 £ 6,698 £ 7,945 £ 2,695 £ 10,640 £ 439 £ - £ 439 £ 81,121 £ 897 £ 32,708 £ 16,366 £ 9,458 £ 3,007 £ 4,126 £ 2,283 £ 7,748 £ 1,419 £ 78,010 £ 3,111 £ 2023 |
2022 | 2022 |
|---|---|---|---|
| 50,659 £ 12,686 £ 6,698 £ 7,945 £ 2,695 £ |
48,621 £ 8,125 £ 1,710 £ 7,114 £ 3,650 £ |
71,190 £ 70,319 £ |
|
| 10,640 £ 439 £ - £ |
10,765 £ 1,969 £ - £ |
||
| 439 £ |
1,969 £ |
||
| 897 £ 32,708 £ 16,366 £ 9,458 £ 3,007 £ 4,126 £ 2,283 £ 7,748 £ 1,419 £ |
4 £ 31,634 £ 14,278 £ 9,138 £ 2,260 £ 3,868 £ 374 £ 6,932 £ 1,831 £ |
||
| 872 £ |
Barnwell Baptist Church CIO
Page 5
General Fund Analysis
For the Year Ended 31st December 2023
| Note A B C D |
Income Regular Lettings: - Office Rents: - MAC Hope into Action Weekly Lettings Expenditure Ministry: - Visiting Speakers Minister-in-Training (Travel) Minister: - Salary Pension Travelling Expenses Mobile Phone Conferences CMD Resources & Other Expenses Housing: - Loan Repayments Council Tax Water Rates Buildings Insurance Repairs & Maintenance |
2023 1,100 £ 4,020 £ 2,825 £ 7,945 £ 642 £ 255 £ 897 £ 26,422 £ 3,375 £ 914 £ 192 £ 660 £ 1,000 £ 144 £ 32,708 £ 12,264 £ 2,585 £ 628 £ 537 £ 352 £ 16,366 £ |
2022 |
|---|---|---|---|
| 1,000 £ 3,880 £ 2,234 £ |
|||
| 7,114 £ |
|||
| - £ 4 £ |
|||
| 4 £ |
|||
| 24,771 £ 4,769 £ 1,022 £ 32 £ 587 £ 269 £ 185 £ |
|||
| 31,634 £ |
|||
| 10,599 £ 2,452 £ 681 £ 467 £ 80 £ |
|||
| 14,278 £ |
Baptist Church CIO
Page 6
General Fund Analysis
For the Year Ended 31st December 2023
| Note E Premises: - Repairs & Maintenance Service Contracts Total Repairs & Maintenance Electricity Gas Total Lighting & Heating Insurance Water Cleaning Gardening & Caretaking F Office Costs: - Office Equipment Telephone & Internet Web Site Stationery Postage Computer Consumables Office IT G Services & Activities: - Printing Catering Golden Years Youth & Children Sunday Ministry Small Group Resources Subscriptions Barn Owls Barnwell International Pastoral Care & Support Safeguarding Freedom in Christ Leadership |
2023 395 £ - £ 395 £ 1,717 £ 2,095 £ 3,813 £ 1,378 £ 338 £ 2,383 £ 1,151 £ 9,458 £ 31 £ 437 £ 904 £ 96 £ 31 £ 256 £ 1,252 £ 3,007 £ 22 £ 2,260 £ 111 £ 47 £ 248 £ 5 £ 779 £ - £ - £ 126 £ 206 £ - £ 322 £ 4,126 £ |
2022 |
|---|---|---|
| 161 £ 293 £ |
||
| 454 £ 1,257 £ 2,826 £ |
||
| 4,083 £ 1,146 £ 50 £ 2,351 £ 1,054 £ |
||
| 9,138 £ |
||
| - £ 433 £ 383 £ 105 £ 29 £ 270 £ 1,039 £ |
||
| 2,260 £ |
||
| 125 £ 1,479 £ 105 £ 358 £ 179 £ 170 £ 732 £ 30 £ 29 £ 114 £ 188 £ 360 £ - £ |
||
| 3,868 £ |
Barnwell Baptist Church CIO
Page 7
General Fund Analysis
For the Year Ended 31st December 2023
| Note H Outreach: - Christmas & Easter Events Resources & Literature Newsletter Alpha I Missions: - Transfer to Tithe Account J Other Expenditure: - Accountancy & Bank Fees Sundry Expenses Audio Visual Bouncy Castle BBQ Abbey People Churches Together Besom Van Hope into Action House Catering Equipment & Crockery Chaplaincy Fen Ditton School |
2023 466 £ 1,500 £ 72 £ - £ 244 £ 2,283 £ 7,748 £ 7,748 £ 240 £ - £ 131 £ 66 £ 122 £ 21 £ - £ 620 £ 216 £ 3 £ - £ - £ 1,419 £ |
2022 |
|---|---|---|
| 216 £ - £ 158 £ - £ - £ |
||
| 374 £ |
||
| 6,932 £ |
||
| 6,932 £ |
||
| 235 £ 48 £ 88 £ 66 £ 51 £ - £ 172 £ 620 £ 256 £ 222 £ 9 £ 64 £ |
||
| 1,831 £ |
Barnwell Baptist Church CIO
Page 8
Marleigh Fund Income and Summary
For the Year ended 31st December 2023
| Income Regular Giving 22,255 £ Income Tax Recovered 2,559 £ Donations 3,326 £ Grants 6,000 £ Home Mission 6,625 £ Other Income 261 £ Bank Interest 170 £ Total Other Income 430 £ Total Income 41,195 £ Total Expenditure (Page 9) 44,638 £ Total Income less Expenditure 3,442 -£ Balance at 1st January 2023 8,818 £ Movement in Year 3,442 -£ Transferred from Manse Fund 3,230 £ Balance at 31st December 2023 8,606 £ 2023 |
2022 | 2022 |
|---|---|---|
| 1,900 £ 263 £ 5,200 £ 15,944 £ 6,188 £ 49 £ 12 £ |
29,556 £ 27,002 £ |
|
| 61 £ |
||
| 2,554 £ |
||
Barnwell Baptist Church CIO
Page 9
Marleigh Fund Expenditure
For the Year ended 31st December 2023
| Expenditure Minister Salary Pension Travelling Expenses Mobile Phone Conferences College Expenses Relocation Costs Total Minister Housing Housing Allowance Loan Repayments Council Tax Water Rates Buildings Insurance Repairs & Maintenance Service Charge Total Housing Office Costs Services & Activities: - Catering Marleigh Tots Training Printing & Resources Total Services & Activities Outreach Missions Total Expenditure |
13,450 £ 2,225 £ 103 £ 144 £ 252 £ 1,797 £ 900 £ 18,870 £ 2,250 £ 18,430 £ 1,877 £ 254 £ 551 £ 1,181 £ 86 £ 24,628 £ 38 £ 40 £ 927 £ 40 £ 14 £ 1,021 £ 80 £ - £ 44,638 £ 2023 |
2022 | 2022 |
|---|---|---|---|
| 13,450 £ 2,225 £ 103 £ 144 £ 252 £ 1,797 £ 900 £ |
12,502 £ 2,138 £ 48 £ 20 £ 110 £ 2,761 £ - £ |
17,579 £ 9,000 £ - £ 423 £ - £ - £ |
|
| 2,250 £ 18,430 £ 1,877 £ 254 £ 551 £ 1,181 £ 86 £ |
9,000 £ - £ - £ - £ - £ - £ - £ |
||
| 40 £ 927 £ 40 £ 14 £ |
129 £ 294 £ - £ |
||
| 27,002 £ |
Barnwell Baptist Church CIO
Page 10
Tithe Fund Income and Summary
For the Year ended 31st December 2023
| Balance at 1st January 2023 Transferred from General Fund (£50/month) Income Giving during the Year (10%) Giving during the Year (10%) - Marleigh Other Giving BMS Birthday Scheme Expenditure Donations made during the year Balance at 31st December 2023 Income Expenditure Net Fund Movement in the Year |
7,748 £ - £ 289 £ 185 £ |
11,163 £ 600 £ 8,222 £ |
|---|---|---|
| 6,896 £ |
||
| 19,985 £ 6,896 £ |
||
| 8,222 £ 6,896 £ |
||
| 13,089 £ |
||
| 1,326 £ |
Barnwell Baptist Church CIO
Page 11
Tithe Fund Expenditure
For the Year ended 31st December 2023
| BMS Birth.Sc HM EBA Benevolent Fund Visiting Speakers (Gifts) Baptist Causes Pete & Selma Jacob & Mercy Tear Fund Freedom in Christ Local Organisations Besom Hope into Action Romsey Mill Visiting Speakers (Gifts) Samaritans Purse (Shoe Boxes) Missionary Support Non-Baptist Causes |
2,250 £ 545 £ 1,500 £ 100 £ 800 £ 5,195 £ 500 £ - £ 60 £ 360 £ - £ 81 £ 500 £ 200 £ - £ - £ 1,701 £ 6,896 £ 2023 |
2022 | 2022 |
|---|---|---|---|
| 2,250 £ 545 £ 1,500 £ 100 £ 800 £ |
1,500 £ - £ 1,500 £ 100 £ - £ |
3,100 £ 2,242 £ |
|
| 500 £ - £ 60 £ 360 £ - £ 81 £ 500 £ 200 £ - £ - £ |
1,388 £ - £ - £ - £ - £ 750 £ - £ - £ - £ 104 £ |
||
| 5,342 £ |
Barnwell Baptist Church CIO
Page 12
Manse Fund
For the Year ended 31st December 2023
| Balance at 1st January 2023 Income Donations from Churches Donations from Individuals Other Income Income Tax Recovered Bank Interest Total Income Expenditure Purchase Cost Professional Fees Loan Repayment Repairs & Maintenance Transferred to Designated Fund (Marleigh) Balance at 31st December 2023 Income Expenditure Transferred to Designated Fund Net Fund Movement in the Year |
£ £ £ £ £ £ |
Marleigh 33,154 3,290 117,118 10,000 1,622 9 132,039 143,861 14,726 3,377 - 161,963 3,230 0 |
530 Coldhams Lane 1,536 £ - £ 1,382 £ 1,382 £ - £ 154 £ 132,039 £ 163,345 £ 3,230 £ 34,536 -£ |
£ £ £ £ £ £ |
Total 34,690 3,290 117,118 10,000 1,622 9 |
|---|---|---|---|---|---|
| £ | £ | 132,039 |
|||
| £ £ £ £ |
£ £ £ £ |
143,861 14,726 3,377 1,382 |
|||
| £ | £ | 163,345 |
|||
| £ | £ | 3,230 |
|||
| -£ | £ | 154 |
|||
Barnwell Baptist Church CIO
Page 13
Pastoral Fund
For the Year ended 31st December 2023
| Balance at 1st January 2023 Income Donations received in the year Other Income Expenditure Pastoral Care & Gifts Pastoral Support Balance at 31st December 2023 Income Expenditure Net Fund Movement in the Year |
1,474 £ 73 £ |
1,016 -£ 1,547 £ |
|---|---|---|
| - £ 2,621 £ |
||
| 531 £ 2,621 £ |
||
| 1,547 £ 2,621 £ |
||
| 2,090 -£ |
||
| 1,074 -£ |
Barnwell Baptist Church CIO
Page 14
Golden Years Fund
For the Year ended 31st December 2023
Balance at 1st January 2023
----- Start of picture text -----
-£ 105
Membership £ 180
Donations £ 2
£ 182
£ 78
Christmas -£ 24
Easter £ -
Spring Outing -£ 93
Summer Outing -£ 238
Other Trips
-£ 355
----- End of picture text -----
Income
Outings/Activities
Other Expenditure
----- Start of picture text -----
Speakers Gifts/Expenses £ -
Club Expenses £ 93
£ 93
----- End of picture text -----
Balance at 31st December 2023
----- Start of picture text -----
-£ 370
----- End of picture text -----
Income £ 182 Outings/Trips -£ 355 Expenditure £ 93 Net Fund Movement in the Year -£ 265
Page 15
Barnwell Baptist Church CIO
Balance Sheet
As at 31 December 2023
| Fixed Assets Tangible Assets Current Assets Debtors Cash at Bank Cash in Hand Creditors: amounts falling due within one year Net Current Assets Creditors: amounts falling due after more than one year Total Net Assets The Funds of the Charity Unrestricted Funds Restricted Funds Total Charity Funds Notes 2 3 4 5 5 6 |
£ £ £ £ £ 2023 1,087 11,830 102 13,019 10,620 £ 709,950 £ 2,399 £ 504,752 £ 207,597 £ 22,185 £ 185,412 £ 207,597 |
2022 |
|---|---|---|
| £ £ £ 53,716 £ 120 £ 53,836 £ £ 53,836 £ £ 53,836 £ 53,836 £ £ 53,836 |
Approved by the board of trustees on 21 st July 2024 and signed on their behalf.
Rev Stuart Wood Trustee
Barnwell Baptist Church CIO
Page 16
Notes to the Accounts
For the Year ended 31st December 2023
1 Accounting Policies
a) Basis of Preparation of Accounts
The accounts have been prepared under the historical cost convention and include the results of the charity's operations, which are described in the Report of the Trustees and all of which are continuing. They have been prepared in accordance with the Charities Act 2011 and 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 the Republic of Ireland (FRS 102) revised with effect from 1 January 2019.
Barnwell Baptist Church CIO meets the definition of a public benefit entity under FRS 102.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
b) Incoming Resources
Incoming resources are recognised in the year in which the charity is entitled to the receipt, and the amount can be measured with reasonable certainty. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.
c) Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
d) Pensions
The charity contributes to money purchase, defined contribution schemes, on behalf of its employees. No liability exists in respect of pensions other than monthly contributions due which is included within creditors.
In July 2022, we were informed that the Baptist Pension Scheme was finally in surplus, with deficit repair contributions being reduced to £1 per employer per month from August 2022. As a result, there is no outstanding deficit at the 31st December 2023.
Barnwell Baptist Church CIO
Page 17
Notes to the Accounts
For the Year ended 31st December 2023
1 Accounting Policies (continued)
e) Marleigh Property
The trustees consider that the market value of the Marleigh Property is in excess of its cost as shown in the accounts, and that in view of this there is no necessity to charge depreciation on the Building.
f) Manse and Loan
In 2012, Barnwell Baptist Church, through the Baptist Union Corporation (BUC) purchased a Manse. This is held by the BUC as the property Trustees of the Church and is therefore not shown as an asset in these accounts.
The Church received three interest-free loans and a loan from the BUC to enable this purchase, one of which was cleared back in 2018. During the year, the 2 outstanding interest-free loans were both converted into gifts.
At the 31st December 2023, the outstanding liability stood at: -
Baptist Union Corporation Loan £112,782
This liability has not been included in these accounts as the asset to which it relates, the value of which exceeds this liability, is held by the BUC as the property Trustees of the Church.
g) Church Building
The Church Building is held by the BUC as the property trustees of the Church and is therefore not shown as an asset in these accounts.
h) Debtors
Trade debtors and other debtors are recognised at their settlement amount due after any discounts. Prepayments are valued at the amount prepaid net of any trade discount due.
i) Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Barnwell Baptist Church CIO
Page 18
Notes to the Accounts
For the Year ended 31st December 2023
2 Fixed Assets
| Fixed Assets Cost Addition Balance at 31.12.23 Depreciation Charge for the year Balance at 31.12.23 Net Book Value At 31.12.23 Debtors Sundry debtors Cash at Bank Current Account Marleigh Account Tithe Account Savings Account 1 Savings Account 2 |
Marleigh Property 709,950 £ 709,950 £ - £ - £ 709,950 £ 2023 1,087 £ 7,122 £ 1,615 £ 2,781 £ 154 £ 159 £ 11,830 £ |
Total 709,950 £ |
|---|---|---|
| 709,950 £ |
||
| - £ |
||
| - £ |
||
| 709,950 £ |
||
| 2022 | ||
| - £ |
||
| 4,843 £ - £ 3,279 £ 36,121 £ 9,473 £ |
||
| 53,716 £ |
3 Debtors
4 Cash at Bank
| Creditors Loans |
2023 2022 10,620 - £ Due within one year |
2023 2022 504,752 £ - £ Due after one year |
2023 2022 504,752 £ - £ Due after one year |
|
|---|---|---|---|---|
| 2023 10,620 |
||||
| £ | - £ |
5 Creditors
Barnwell Baptist Church CIO
Page 19
Notes to the Accounts
For the Year ended 31st December 2023
| 6 Unrestricted Funds General Fund Designated Fund (Marleigh) Tithe Fund Manse Fund Pastoral Fund Golden Years |
Brought Income Expenditure Transfers Carried Forward Forward 286 £ 81,121 £ 78,010 £ 600 -£ 2,797 £ 8,818 £ 41,195 £ 44,638 £ 3,230 £ 8,606 £ 11,163 £ 8,222 £ 6,896 £ 600 £ 13,089 £ 34,690 £ 132,039 £ 163,345 £ 3,230 -£ 154 £ 1,016 -£ 1,547 £ 2,621 £ - £ 2,090 -£ 105 -£ 182 £ 448 £ - £ 370 -£ |
|---|---|
| 53,836 £ 264,307 £ 295,958 £ - £ 22,185 £ |
7 Restricted Funds
The restricted funds are the amounts generously given as donations towards the purchase costs of the Marleigh Manse.
| 8 Staff Costs The staff costs were: - Wages and salaries Other pension costs |
2023 2022 |
|---|---|
| 42,707 £ 40,029 £ 5,600 £ 6,906 £ |
|
| 48,308 £ 46,935 £ |
The average weekly number of staff employed by the charity during the year were: -
| Ministry Premises Total |
2 2 2 2 |
|---|---|
| 4 4 |
9 Payments to trustees
No payments were made to trustees nor any expenses reimbursed for them in their role as trustees.
10 Related party transactions
There were no related party transactions in the year that required disclosure.