2025-03-31-accounts

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR DUNCHURCH BAPTIST CHURCH

DUNCHURCH BAPTIST CHURCH CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Reference and Administrative Details Report of the Trustees 2 to 4 Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes to the Financial Statements 8 to 19 Detailed Statement of Financial Activities 20 to 21

DUNCHURCH BAPTIST CHURCH REFERENCE ANO ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES Mrs S Coulon Mr J Robson Rev A M Jones MrAI Shaw Mr A G Keffler (appointed 24131251 Mr D J Wilson (appointed 24131251 Ms A L Absolom lappoinled 24131251 PRINCIPAL ADDRESS Coventry Road Dunchurch Rugby Warwickshire CV22 6RF REGISTERED CHARITY NUMBER 1181840 INDEPENDENT EXAMINER Shaw Gibbs Limited Eagle House 28 Billing Road Northampton Northamplonshire NN1 5AJ Page 1

DUNCHURCH BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report with the financial ststemenls of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. statement of Recommended Practi￿ applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. The web address for the Church is.. www.dunchurchbaplistchurch.org.uk OBJECTIVES AND ACTIVITIES Objectives and aims The principal purpose of the Church is the advan￿ment of the Christian faith according lo the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom andlor other parts of the world. Our vision is for people to experience the love of God, and hear his message for them. Ils objectives are pursued by'.- Regular meetings for publi¢ worship al 10.30am and 7.00pm on Sundays. Weekly classes for children and teenagers on Sundays at 10.30am. Small groups, made up primarily of those attending the church. Regular Men's and Women's breakfasts and church lunches Occasional courses such as Apha and the Marriage Course. Messy Church approximately every other month. Noah's Ark toddler group, attended by 65 children per week. Taking part in the annual village fete. Supporting Baptist Home Mission and BMS World Mission. Close relationship with local primary school lone school governor., leading assemblies). Various social groups (Walking club, steak and ale elcl. Support for local and overseas missions. The church lilhed its non-renlal, non-building fund income supporting local, national and international charities. The decision on which groups to support is made by the church meeting. The minister is the only paid office holder. The church also employs a cleaner for approximately four hours a week. All of ils work, including that carried out by the other trustees, is done by volunteers. Many of these are members of the church but some are those who attend the church but are not members. Public benefit Our Church is open lo all regardless of their faith position. Everyone is welcomed and offered the benefits of our fellowship. We believe that offering the teaching of Christianity is a benefit to the local area and to society at large. Noah's Ark Toddler Group is open to any parenvcarer and their child. Church rooms are available for hire by community groups, other churches, and commercial organisalions. The Trustees have had regard to the Charity Commission's guidance on public benefit, and believe the activities slated above comply with this guidance. Page 2

DUNCHURCH BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Charltable actlvltles Sunday morning setvices have continued to be streamed via YouTube, with a few exceptions, allowing for those unable lo allend the building to share in our servI￿s. Evening services remained on Zoom with good attendance. Many other meetings have continued via Zoom or hybrid. During the year'.- five people came into membership three members and one person about to join, passed away at the end of the year our membership was 60. Fundraising for the building project has continued throughout the year and is on-going. FINANCIAL REVIEW Financial position and Reserves Policy The church's reserves policy is to have in hand in the General Fund at any lime sufficient to cover two month's unavoidable running expenses. The main funds of the church are.. General Fund Iunrestrictedl, Building Fund (Restricted), Noah's Ark Fund IRestricledl, Manse Fund (Designated), Crisis Fund IReslricledl, Support Other Churches Fund (Restricted). Funds raised during the year came either directly from those attending the church or from fundraising insligaled by them. The church encourages the use of the Gift Aid scheme and makes regular claims for Gift Aid monies. Changes in giving since Covid-19 has meant we have not realised the full potential benefit of the Gift Aid Small Donations scheme this year. The church owns a house. The principal reason for ownership is to be able lo offer a manse to any future minister of Dunchurch Baptist Church who needs the accommodation. Currently the house is occupied by our Minister,. il has previously been let out. All expenditure supported the objectives of the church. Total fLJnds as al 31 March 2025 amounted to £1,368,273 12024. £1,369,408) of which £292,938 12024.. £283.8191 were unreslricled. Page 3

DUNCHURCH BAPTIST CHURCH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The governing document is the church's constitution. The church is constituted as an association. Trustees are elected by the church meeting. Dunchurch Baptist Church is a member of the Baptist Union of Great Britain. 11 is part of the Heart of England Baptist Association IHEBAI 11 is part of the local Baptist cluster along with the churches al Davenlry, Rugby and Wolslon. The church works in cooperation with Sl. Peter's Church in Dunchurch. The trustees ensure that all work of the church is subject to regularly reviewed risk assessment. It operates a safeguarding policy to help ensure the safety of children and adults al risk. In addition to trustees the church uses 'minislry coordinators, to oversee specific areas of church life. These coordinators do not have any leadership functions and are subject to the Iruslees in all of their actions. Custodian Trustee The Baptist Union Corpomtion acts as custodian for the charity as far as its real propety is concerned. Managing Trustees (referred to as Trustees) All trustees are elected lo office by the church meeting. Other than the minister, trustees are elected for periods of three years. The ministerfs appointment is indefinite. Approved by order of the board of trustees on 3111126 and signed on its behalf by.. Mr J Robson - Trustee Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DUNCHURCH BAPTIST CHURCH

Independent examiner's report to the trustees of Dunchurch Baptist Church

I report to the charity trustees on my examination of the accounts of Dunchurch Baptist Church (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts 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.

Use of our report:

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our independent examination work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our independent examination work, for this report, or for the opinions we have formed.

Nicola Fox FCA

Shaw Gibbs Limited Eagle House 28 Billing Road Northampton Northamptonshire NN1 5AJ

Date: 31 January 2026

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DUNCHURCH BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted funds Reslricled funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 70,558 23,103 93,661 102,466 Investment income Other income 2,330 10,182 2,330 12,819 10,701 10,518 2,637 Total 83,070 25,740 108,810 123,685 EXPENDITURE ON Raising funds 4,910 Charitable activities Charitable activiti'es 73,441 36,504 109,945 91,581 Total 73,441 36,504 109,945 96,491 NET INCOMEI{EXPENDITUREI Transfers between funds 9.629 5101 110,7641 510 11,1351 27,194 18 Net movement in funds 9,119 110,2541 11,1351 27,194 RECONCILIATION OF FUNDS Total funds brought forward 283,819 1,085,589 1,369,408 1,342,214 TOTAL FUNDS CARRIED FORWARD 292,938 1,075,335 1,368,273 1,369,408 The notes form part of these financial statements Page 6

DUNCHURCH BAPTIST CHURCH STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted funds Reslricled funds Notes FIXED ASSETS Tangible assets 12 190,449 1,442,243 1,632,692 1,660,368 CURRENT ASSETS Debtors Cash at bank 13 2,767 112,055 360 32,731 3,127 144,786 15,198 135,370 114,822 33,091 147,913 150,568 CREDITORS Amounts falling due within one year 14 112,3331 124,9991 137,3321 141,5281 NET CURRENT ASSETS 102,489 8,092 110,581 109,040 TOTAL ASSETS LESS CURRENT LIABILITIES 292,938 1,450,335 1,743,273 1,769,408 CREDITORS Amounts falling due after more than one year 15 {375,0001 1375,0001 1400,0001 NET ASSETS 292,938 1,075,335 1,368,273 1,369,408 FUNDS Unreslricled funds Restricted funds 18 292,938 1,075,335 283,819 1,085,589 TOTAL FUNDS 1,368,273 1,369,408 The financial statements were approved by the Board of Trustees and authorised for issue on ..3.J.1112.6................... and were signed on ils behalf by.. Mr J Robson - Trustee The notes form part of these financial statements Page 7

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling 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 IFRS 1021 {effective 1 January 20191., Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Dunchurch Baptist Church is a registered charity. The charity's registered number and principal office address can be found on the Company Information page. No material uncertainties exist in relation to going concern. The presentation currency of the financial statements is the Pound Sterling 1£). Significant judgements and estimates The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise ils judgement in the process of applying the Company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, il is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation commilling the charity to that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed lo particular headings they have been allocated to activities on a basis consislenl with the use of resources. Tangiblo fixed assets For Inalienable property acquired prior to 2004, there is insufficient cost information available and therefore such assets are not valued in the accounts. Any items acquired during the year that do not ex￿ed £1,000 are written off. The Manse is not depreciated as the residual value is greater than or equal lo ils cost. The Coventry Road property is depreciated by 20/0 on a straight line basis. Fixtures and fittings are depreciated by 200/0 on a straight line basis. Other fixed assets are slated at cost less accumulated depreciation and accumulated impairment losses. vin)ere parts of an item of property, plant and equipment have different useful lives, they are aceounled for as separate items of property, plant and equipment. Page 8 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES- contlnued Tangible fixed assets Depreciation methods, useful lives and residual values are reviewed at each balan￿ sheet date. The selection of these residual values and eslimaled lives requires the exercise of judgement. The Iruslees are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The trustees consider that the individual carrying values of assets are supportable by their value in use. Taxation The charity is exempl from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Reslricled funds can only be used for particular restricted purposes within the objects of the charity. Reslriclions arise when specified by the donor or when funds are raised for particular reslricled purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Financial instruments Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short temi deposits with an original maturity dale of three months or less. Debtors and creditors with no staled interest rate and receivable or payable within one year are recorded al transaction price. Any losses arising from impairment are recognised in the ststemenl of comprehensive income under administrative expenses. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such In the balance sheet. Finance costs and gains or losses relating to financial liabilities are included In the profit and loss account. Finance costs are calculated so as lo produce a constant rate of retum on the outstanding liability. Page 9 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES 2025 2024 General giving Gift aid Grants Giving for special causes Fundraising giving Gift day 86,485 124 750 852 3,050 2,400 78,310 12,219 950 1,747 4,011 5,229 93,661 102,466 Grants received, included in the above, are as follows.. 2025 2024 Balcony Speakers EV Charger 950 750 750 950 INVESTMENT INCOME 2025 2024 Manse rent Deposit account interest 8,630 2,071 2,330 2,330 10,701 OTHER INCOME 2025 2024 Church building hire Noah's Ark income Miscellaneous 10,182 2,637 6.953 2,765 800 12,819 10,518 Page 10 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 RAISING FUNDS Raising donations and legacies 2025 2024 Manse maintenance Manse building insurance Manse letting expenses 3,323 1,303 4,910 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 71 Support costs Totals Charitable activities 107,965 1,980 109,945 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Church electricity Church water rates Church telephone Church building maintenance Church insurance Church cleaning Furnishings and Equipment New church building expenditure Post & Stationery Subscriptions Normal giving Giving to special causes Minister's stipend Minister's pension dbc share Minister's house utilities and insurance Minister's expenses Minister's telephone costs Minister's council lax Minister's house repairs Minister's professional development Church catering Accountancy sofvare Speaker's expenses Children & young people's work Noah's Ark expenditure Miscellaneous Crisis fund expenditure 5,383 435 278 3,519 2,668 3,963 2,825 11,4071 93 4,317 5,730 64 29,349 3,309 190 3,746 401 5,155 140 259 4,113 2,322 2,622 4,958 2,064 1,298 2,890 6,028 5,715 1,630 467 4,418 84 204 5,022 270 1,353 250 1,382 704 2,576 705 55 1,656 1,704 1,177 300 1,111 3,089 227 Carried forward 74,127 56,695 Page 11 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES - contlnued 2025 2024 Brought forward Refugee Support Depreciation 74,127 56,695 316 32,428 33,838 107,965 89,439 INDEPENDENT EXAMINERS. REMUNERATION 2025 2024 Fees payable lo the charity's independent examiners, for the independent examination Fees payable lo the charity's independent examiners, for the accounts preparation 660 714 1,320 1,428 1,980 2,142 TRUSTEES. REMUNERATION AND BENEFITS During the year Revd A M Jones, a Trustee of the charity was paid a Stipend of £29,349 12024.. £5,715) for his role in the charity as the Church Minister. Pension contribution payments of £3,309 {2024.. £1,630 were also made by the charity for the Tru51ee Revd A M Jones.This is paid under the legal authority of the charity as set out by a a provision made in the governing document of the charity. No other Trustees received any further remuneration or other benefits during the year, nor for the year ended 31 March 2024. Trustees. expenses No expenses 12024.. £1,954) were reimbursed lo 12024.. 3 Iruslees were reimbursed) Trustees for expenses paid on behalf of the charity during the year. Expenses of £94212024.. £1,026) were also reimbursed to the Minister A M Jones and paid in relation to the property occupied by the Minister during the year. Page 12 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 10. STAFF COSTS 2024 2024 Ministers Stipend Pension costs 29,349 3,309 5,715 1,630 32,658 7,345 The average monthly number of employees during the year was as follows.. 2025 2024 Church minister No employees received emoluments in ex￿S$ of £60,000. Trustee and key management remuneration tolalled £32,65812024.. £7,345) during the year. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Reslricled funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 79,413 23,053 102,466 Investment income Other income 10,701 6,953 10,701 10,518 3,565 Total 97,067 26,618 123,685 EXPENDITURE ON Raising funds 4,910 4,910 Charitable activities Charitable activities 48,168 43,413 91,581 Total 53,078 43,413 96,491 NET INCOMEI{EXPENDITUREI 43,989 116,7951 27,194 RECONCILIATION OF FUNDS Total fvnds brought forward 239,830 1,102,384 1,342,214 TOTAL FUNDS CARRIED FORWARD 283,819 1,085,589 1,369,408 Page 13 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 12. TANGIBLE FIXED ASSETS Fixtures and fittings Freehold propety Totals COST Al 1 April 2024 Additions 1,718,743 8,600 6,163 1,727,343 6,163 At 31 March 2025 1,718,743 14,763 1,733,506 DEPRECIATION At 1 April 2024 Charge for year 63,219 30,886 3,756 2,953 66,975 33,839 At 31 March 2025 94,105 6,709 100,814 NET BOOK VALUE At 31 March 2025 1,624,638 8,054 1,632,692 At 31 March 2024 1,655,524 4,844 1,660,368 The properties are held in Trust with the Baptist Union Corporation Limited as the Holding Trustee, but the Charity have the economic and beneficial rights to the properties. 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Prepayments and accrued income 3,127 15,198 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other loans {see note 161 Social security and other taxes Accruals and deferred income 25,000 1,182 11,150 25,000 16,528 37,332 41,528 Page 14 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 other loans {see note 161 375,000 400,000 16. LOANS An analysis of the maturity of loans is given below.. 2025 2024 Amounts falling due within one year on demand.. Other loans 25.000 25.000 Amounts falling bebNeen one and two years.. Other loans - 1-2 years 25,000 25,000 Amounts falling due between and five years.. Other loans - 2-5 years 75,000 75,000 Amounts falling due in more than five years.. Repayable by instalments.. other loans more 5yrs instal 275,000 300,000 17. SECURED DEBTS The following secured debts are included within creditors.. 2025 2024 Other loans 400,000 425,000 An outstanding bank loan totalling £150,000 lo fund the build of the new Church is secured against the assets of the Charity. An additional private loan lotalling £250,000 to fund the build of the new Church is secured against the assets of the Charity. Page 15 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUNDS Nel movement in funds Transfers be￿een funds At 3113125 Al 114124 Unrestricted funds General fund Manse Fund Refugee Fund Special Causes Fund Young People Fund 92,929 190,776 114 10,891 11,9841 40 788 1061 12,2721 1,656 101,548 190,448 154 788 106 283,819 9,629 {5101 292,938 Restricted funds Building Fund Crisis Fund Children & Young People (Lazerl Fund Noah's Ark Fund Support Other Churches Fund CYP Legacy Fund EV Charging Point 1,076,583 150 225 3,307 150 5,174 19,8051 14 17351 14531 170 17051 750 1,066,778 164 510 2,854 320 4,469 750 1,085,589 10,7641 510 1,075,335 TOTAL FUNDS 1,369,408 1,1351 1,368,273 Net movement in funds, included in the above are as follows.. Incoming reSoUr￿S Resources expended Movement in funds Unrestricted funds General fund Manse Fund Refugee Fund Special Causes Fund Young People Fund 82,179 171,2881 11,9831 10,891 11,9841 40 788 1061 40 852 1641 1061 83,070 173,4411 9,629 Restricted funds Building Fund Crisis Fund Children & Young People (Lazerl Fund Noah's Ark Fund Support Other Churches Fund CYP Legacy Fund EV Charging Point 22,170 14 131,9751 19,8051 14 17351 14531 170 17051 750 17351 13,0891 2,636 170 17051 750 25,740 36,5041 10,7641 TOTAL FUNDS 108,810 109,9451 1,1351 Page 16 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUNDS- contlnued Comparatives for movement in funds Nel movement in funds Transfers be￿een funds At 3113124 Al 114123 Unrestricted funds General fund Manse Fund Refugee Fund Special Causes Fund Young People Fund 65,360 174,470 45,327 11,2261 114 12171 91 117,7581 17,532 92,929 190,776 114 217 239,830 43,989 283,819 Restricted funds Building Fund Crisis Fund Children & Young People (Lazerl Fund Noah's Ark Fund Support Other Churches Fund CYP Legacy Fund 1,087,871 150 5,972 3,117 5,274 111,2881 1,076,583 150 225 3,307 150 5,174 15731 190 15, 1241 15,1741 5,174 1,102,384 16,7951 1,085,589 TOTAL FUNDS 1,342,214 27,194 1,369,408 Comparative net movement in funds, included in the above are as follows.. Incoming reSoUr￿S Resources expended Movement in funds Unrestricted funds General fund Manse Fund Refugee Fund Special Causes Fund Young People Fund 87,056 8,630 535 141,7291 19,8561 14211 11,0631 91 45,327 11,2261 114 12171 91 97,067 153,0781 43,989 Restricted funds Building Fund Children & Young People (Lazerl Fund Noah's Ark Fund Support Other Churches Fund 23,702 134,9901 15731 12,5761 5,2741 111,2881 15731 190 5,1241 2,766 150 26,618 43,4131 16,7951 TOTAL FUNDS 123,685 96,4911 27,194 Page 17 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUNDS- contlnued The Manse Fund is for income, expenses and Maintenan￿ of the Manse. The balance carried forward is the net book value of the property. The transfer from the General Fund lo the designated funds were due to overspends in the year. The transfer from the Children & Young People (Lazerl Fund to the CYP Legacy Fund was to split the fvjnd into two separate funds for legacy and non-legacy. The Building Fund is for the Building project, used for paying out associated costs relating to the preparatory work and for the costs of the build. The Crisis Fund is to enable financial assistance to be given lo individua15 in crisis, as deemed appropriate by the Minister. The Children & Young People (Lazerl Fund is for youth related expenditure. Noah's Ark Fund is lo support the toddler group. The Support Other Churches Fund is to enable the church to support other churches in need. The Refugee Fund is lo enable the church to support refugees from Dunchurch Park Hotel, specifically getting items they need and helping with settling into new accommodation as they move on. The Special Causes Fund is to split out money that is not being paid lo the church, bul being processed for other oryanisations. The CYP Legacy Fund is to split out a legacy that is reserved for capital expenses and an operating expenses pot. The EV Charging Point Fund is lo fund the implemenlalion of an EV charging point. 19. EMPLOYEE BENEFIT OBLIGATIONS The Church was an employer that participated in a pension scheme known as the Baptist Pension Scheme I'the Scheme I, which was administered by the Pension Trustee (Baptist Pension Trust Limiledl. The Scheme was a separate legal entity and the assets of the Scheme were held separately from those of the Employer and the other participating employers. At the end of JLJne 2022 the Baptist Pension Scheme signed an agreement with the insurance ompany Just Group I'Just'i to secure members, pension benefits under the Defined Benefit I'DB'I Plan. As a result, the Scheme no longer had a shortfall. A revised statement of contributions was approved with deficit contributions from each participating employer in the DB Plan reducing to just £1 per month from August 2022. In October 2024, the insurance company Just Group completed a buy out of the liabilities of the closed defined benefit scheme. From that date any remaining liability of the participating scheme members to defined benefit scheme ceased and the £1 per month deficit contributions payable by the parb'cipating employers which were agreed in the recovery plan approved in August 2022 also ceased from that date. Administffttion of the closed defined benefit scheme t￿nSferred from the pension trustees to Just Group from that date. Page 18 continued...

DUNCHURCH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 20. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025.12024.. Nill Page 19

DUNCHURCH BAPTIST CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Donations and legacies General giving Gift aid Grants Giving for special causes Fundraising giving Gift day 86,485 124 750 852 3,050 2,400 78,310 12,219 950 1,747 4,011 5,229 93,661 102,466 Investment income Manse rent Deposit account interest 8,630 2,071 2,330 2,330 10,701 Other income Church building hire Noah's Ark income MI￿lIaneOuS 10,182 2,637 6,953 2,765 800 12,819 10,518 Total incoming resources 108,810 123,685 EXPENDITURE Ralslng donatlons and legacles Manse maintenance Manse building insurance Manse letting expenses 3,323 1,303 4,910 Charltable actlvltles Church electricity Church water rates Church telephone Church building maintenance Church insurance Church cleaning Furnishings and Equipment Carried forward 5,383 435 278 3,519 2,668 3,963 2,825 19,071 5,155 140 259 4,113 2,322 2,622 4,958 19,569 This page does not form part of the statutory financial statements Page 20

DUNCHURCH BAPTIST CHURCH DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Charltable actlvltles Brought forward New church building expenditure Post & Stationery Subscriptions Normal giving Giving to special causes Minister's stipend Minister's pension dbc share Minister's house utilities and insuran Minister's expenses Minister's telephone costs Minister's Council lax Minister's house repairs Minister's professional development Church catering A¢count8ncy sofvare Speaker's expenses Children & young people's work Noah's Ark expenditure Miscellaneous Crisis fund expenditure Refugee Support Depreciation of tangible fixed assets 19,071 11,4071 93 4,317 5,730 19,569 2,064 1,298 2,890 6,028 5,715 1,630 467 4,418 29,349 3,309 190 3,746 401 204 5,022 270 1,353 250 1,382 704 2,576 705 55 316 32,428 1,656 1,704 1,177 300 3,089 227 33,838 107,965 89,439 Support costs Governance Costs Independent examiners fees 1,980 2,142 Total resources expended 109,945 96,491 Net lexpenditurellincome 1,1351 27,194 This page does not form part of the statutory financial statements Page 21