**REGISTERED CHARITY NUMBER: 1182820**
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
## for
## SURBITON NEW LIFE BAPTIST CHURCH
Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street Ewell Epsom Surrey KT17 1RW
SURBITON NEW LIFE BAPTIST CHURCH
Contents of the Financial Statements for the Year Ended 31 March 2025
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|6|
|Independent Examiner's Report||7||
|Statement of Financial Activities||8||
|Balance Sheet||9||
|Notes to the Financial Statements|10|to|16|
|Detailed Statement of Financial Activities|17|to|18|
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
for the Year Ended 31 March 2025
Surbiton New Life Baptist Church operated as an unregistered charity until 4.4.19, governed by the rules of the London Baptist Association. It was registered as a CIO (charitable incorporated organisation) from 5.4.19. The charity reference is 1182820.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The purpose of Surbiton New Life Baptist Church CIO is the advancement of the Christian faith in accordance to the principles of the Baptist denomination. In addition, Surbiton New Life Baptist Church advances education and carries out other charitable purposes in the United Kingdom and/or other parts of the world. The CIO was set up with the intention to transfer off all of the activities, assets, and liabilities of the existing unincorporated Surbiton New Life Baptist Church to Surbiton New Life Baptist Church CIO.
Page 1
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
for the Year Ended 31 March 2025
## **ACHIEVEMENTS AND PERFORMANCE Charitable activities Pastor’s Annual General Meeting Report (Revd Richard Asante) 26th November 2025**
## **Introduction**
This report reflects on the life and ministry of Surbiton New Life Baptist Church over the past year. We give thanks to God for His faithfulness, His provision, and the steady growth we have witnessed both spiritually and numerically. We have experienced His grace in our worship, discipleship, outreach, and community engagement. While we celebrate what God has done, we also acknowledge areas where we need to grow, especially in volunteer commitment, financial support, and leadership development.
As we look ahead, may we remain inspired by what God is doing among us and continue to commit ourselves wholeheartedly to His purpose and vision for this church.
## **1. Spiritual Overview**
## **Theme for the Year** : God’s Kingdom
**Key Scripture** : Zechariah 14:9
**Vision Statement** : "Seeking to restore our sense of divine identity, heritage, purpose, potential and destiny."
## **Teaching Focus**
The year’s teaching was structured around quarterly themes:
- **1st Quarter** : Divine Identity
- **2nd Quarter** : Our Heritage and Purpose
- **3rd Quarter** : Our Potential and Destiny
These themes have helped to establish a clearer spiritual foundation and understanding of our identity in Christ.
## **Discipleship and Growth**
- One person has completed baptismal classes and we await a confirmed baptism date.
- We continue to follow up with visitors, some of whom are now regular attendees and exploring membership.
- Regular engagement continues through Bible studies, Junior Church, the 316 Youth Group, and Home Group.
## **Encouraging Signs**
- The congregation has demonstrated consistent spiritual growth and commitment to prayer, worship, and learning.
- Our youth have been particularly encouraging, with some completing the Freedom in Christ course and the soon-to-be 316 Youth actively participating in Bible studies and learning new songs/hymns to minister during family services with Minister Isaac and the Music Team.
## **Challenges**
- Although volunteers have stepped forward, many ministries remain understaffed, limiting growth and outreach potential.
- We remember with gratitude the legacy of our late sister Marion, whose commitment to The Well, Junior Church, and the Hospitality Team continues to inspire ongoing service in these areas.
Page 2
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
for the Year Ended 31 March 2025
## **2. Worship and Ministry Activities Worship Services & Prayer**
**Sunday Attendance** : 50-70 people (including children and youth).
**Midweek Prayer** : Bethel Encounter and Zoom prayer meetings have 5-6 regular participants.
## **Evangelism and Outreach**
We launched community evangelism with the support of Impact 24/7, holding outreach sessions at Surbiton Station. These include gospel preaching, prayer, and distribution of Bibles, tracts, and Christian literature.
## **Ministry Highlights**
- **The Well:** Serves 10-15 people weekly with meals, showers, laundry, Bible discussions, and prayer.
- **316 Youth Club** : Regular attendance of 10-15 youth engaging in Bible teaching, discussions, and activities.
**- Tots & Carers** : Weekly term-time sessions with 8-15 children and carers, offering play, crafts, and fellowship.
**- Vibrant Fellowship (20s & 30s)** : Involved in prayer, outreach, and evangelism initiatives, including prayer retreats at Ashburnham Place.
- **Bible Study:** Strengthening fellowship and spiritual growth on Saturday mornings, with open participation to all.
- **Home Groups** : Currently one group meeting regularly for study, prayer, and mutual encouragement.
## **3. Leadership and Administration**
## **Leadership Update**
- No new deacons were appointed. Existing deacons have been unanimously re-nominated.
- Some church members have been nominated for co-opted leadership roles and will be presented to the church shortly.
## **Appreciation**
I express deep gratitude to our deacons:
- **Julian Orton** - Worship Team and Audio-Visual
- **John Waters** - Maintenance, 316, Tots & Carers, Interim Secretary, The Well
- **Valerie Bagley** - Pastoral Care, Home Group Leader, The Well
- **Jan Oosthuizen** - Treasurer
We also sincerely thank all volunteers and ministry workers who serve faithfully in areas such as catering, pastoral care, cleaning, youth work, prayer, and hospitality.
## **Policies**
- The revised Safeguarding Policy is now available on the notice board.
Page 3
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
for the Year Ended 31 March 2025
- Other policies are under review and will be updated in due course.
## **4. Testimonies and Signs of Impact**
- Increased attendance and spiritual hunger in our services.
- Growing influence of The Well in the local community.
- Encouraging engagement from youth and younger adults.
These are clear signs that God is at work among us.
## **5. Challenges and Lessons**
Despite the progress, some challenges remain:
- **Volunteer Shortages** : Several ministries need more hands and hearts.
- **Financial giving** : Donations have been low, which affects future plans including the potential employment of a paid administrator and yo uth worker.
- **Leadership Development** : We need to raise and equip more leaders for long-term sustainability.
These challenges remind us that church is a shared responsibility. Growth requires collective commitment.
## **6. Vision for 2026**
**Theme** : The Church on Mission (Acts 1:8) Vision Statement: “Empowered by the Spirit, we are a church that goes, serves, gives, and transforms our community and the world.”
## **Strategic Focus** :
- **1. Spirit-Empowered Living** - Moving from knowledge to Spirit-led action.
- **2. Active Witnessing** - Sharing the Gospel daily and boldly.
- **3. Compassion and Service** - Demonstrating Christ’s love through practical care.
- **4. Local and Global Mission** - Strengthening support for outreach and mission work.
## **Call to Action**
As we move forward into a new year, I encourage every member and regular attender to prayerfully reflect on three key areas:
- **1. Serve** : Where can you actively volunteer or support a ministry?
- **2. Support** : How can you strengthen the work through faithful financial, intellectual, physical, etc giving?
- **3. Share** : Who can you intentionally reach with the love and message of Christ?
This is not just the leadership’s vision, but it is God’s mission for us all. Every gift, every prayer, and every act of service matters
Page 4
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
## for the Year Ended 31 March 2025
## **Conclusion**
I thank every member, volunteer, leader, and friend of Surbiton New Life Baptist Church for your faithfulness and sacrifice throughout this year.
We look ahead with faith and expectation, trusting God to continue building His Church among us. Let us move forward united, Spirit-filled, and mission-focused, knowing that “He who began a good work in us will carry it on to completion” (Philippians 1:6).
May God bless our church, our families, and all the work of our hands.
## **To God be all the glory.**
## **FINANCIAL REVIEW**
## **Reserves policy**
It is the opinion of the Charity Trustees that there are sufficient reserves to maintain on-going operations. The trustees have complied with the duty in sections 17(5) of the 2011 Charity Act to have due regard to public benefit guidance published by the Charity Commission.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The church is controlled by its governing document, a constitution, and constitutes a charitable incorporated organisation, company number CE017081, a charity registered as a body corporate under part 11 of the Charities Act 2011. It is also governed by the rules of the London Baptist Association
## **Organisational structure**
The pastor and deacons of the Church are the Charity Trustees and are responsible for the governance of the Church and the fulfilment of the purposes through its activities acting according to the will of God as discerned by the Church Members' meetings. The Church's organizational structure and the procedure for the appointment of the leadership are specified in the Church constitution. This constitution was approved by the Church meeting and can only be altered by a resolution of a Special Church Members' Meeting.
## **Wider network**
Surbiton New Life Baptist Church is part of the wider network of Baptist Churches in the UK.
## **Risk management**
The Charity Trustees are aware of the need to examine the major financial, strategic, and operational risks faced by the Church. We confirm that systems have been established so that necessary steps can be taken to manage and mitigate those risks..
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1182820
## **Principal address**
6 Langley Road Surbiton Surrey KT6 6QJ
Page 5
SURBITON NEW LIFE BAPTIST CHURCH
## Report of the Trustees
for the Year Ended 31 March 2025
## **Trustees**
Dr J Orton (General Practitioner - retired) J Waters (Interim secretary - retired) Rev R Asante (Pastor) J Oosthuizen (Treasurer) Ms V Bagley (Pastoral care)
## **Independent Examiner**
Mary E Ryan Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street Ewell Epsom Surrey KT17 1RW
## **Solicitors**
Anthony Collins 134 Edmund Street Birmingham B3 2ES
## **Minister**
Rev Richard Asante
## **Secretary (interim)**
John Waters
Approved by order of the board of trustees on 28 January 2026 and signed on its behalf by:
Rev R Asante - Trustee
Page 6
## Independent Examiner's Report to the Trustees of SURBITON NEW LIFE BAPTIST CHURCH
## **Independent examiner's report to the trustees of SURBITON NEW LIFE BAPTIST CHURCH**
I report to the charity trustees on my examination of the accounts of SURBITON NEW LIFE 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.
Mary E Ryan
Ark Accountancy Limited Chartered Certified Accountant 56-58 High Street Ewell Epsom Surrey KT17 1RW
28 January 2026
Page 7
SURBITON NEW LIFE BAPTIST CHURCH
## Statement of Financial Activities
## for the Year Ended 31 March 2025
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
2
**Total**
**EXPENDITURE ON**
**Charitable activities**
Property - Langley Road
Property- Balaclava Road
Property - Northcote Avenue (Manse)
Ministerial
Langley Road church meetings
Mission/The Well
Other support costs
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
59,899
48,072
107,971
3,057
1,038
-
21,748
-
11,094
71,446
108,383
(412)
2,733,112
2,732,700|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-|31.3.25
Total
funds
£
59,899
48,072
107,971
3,057
1,038
-
21,748
-
11,094
71,446
108,383
(412)
2,733,112
2,732,700|31.3.24
Total
funds
£
64,367
57,056|
|---|---|---|---|---|
|||||121,423|
|||||18,713
16,970
6,481
20,635
140
8,406
31,771|
|||||103,116|
|||||18,307
2,714,805|
|||||2,733,112|
The notes form part of these financial statements
Page 8
SURBITON NEW LIFE BAPTIST CHURCH
## Balance Sheet
## 31 March 2025
|Notes
**FIXED ASSETS**
Tangible assets
6
Investment property
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
9
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
10,773
2,700,000
2,710,773
9,109
15,999
25,108
(3,181)
21,927
2,732,700
2,732,700|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-|31.3.25
Total
funds
£
10,773
2,700,000
2,710,773
9,109
15,999
25,108
(3,181)
21,927
2,732,700
2,732,700
2,732,700
2,732,700|31.3.24
Total
funds
£
5,079
2,700,000
2,705,079
15,077
22,396
37,473
(9,440)
28,033
2,733,112
2,733,112
2,733,112
2,733,112|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2026 and were signed on its behalf by:
R Asante - Trustee
The notes form part of these financial statements
Page 9
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements for the Year Ended 31 March 2025
## **1. 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 (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it 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 to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant, fixtures & fittings, PA - 25% on cost Office equipment - 50% on cost and 20% on cost
## **Investment property**
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
## **Taxation**
The charity is exempt 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.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 10
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **2. INVESTMENT INCOME**
|**2.**|**INVESTMENT INCOME**|||
|---|---|---|---|
|||31.3.25|31.3.24|
|||£|£|
||Rents received|48,026|57,052|
||Deposit account interest|46|4|
|||48,072|57,056|
|**3.**|**TRUSTEES' REMUNERATION AND BENEFITS**|||
|||31.3.25|31.3.24|
|||£|£|
||Trustees' salaries|43,487|37,329|
||Trustees' pension contributions to money purchase schemes|7|3,942|
|||43,494|41,271|
## **Trustees' expenses**
Three trustees were reimbursed expenses of £3,025 in the year (2024 £2,969 to one trustee)
## **4. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Minister
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
64,367
Investment income
57,056
**Total**
121,423
**EXPENDITURE ON**
**Charitable activities**
Property - Langley Road
18,713
Property- Balaclava Road
16,970
Property - Northcote Avenue (Manse)
6,481
Ministerial
20,635
Langley Road church meetings
140
Mission/The Well
8,406
Other support costs
31,771|31.3.25
1
Restricted
fund
£
-
-
-
-
-
-
-
-
-
-|31.3.24
1
Total
funds
£
64,367
57,056|31.3.24
1
Total
funds
£
64,367
57,056|
|---|---|---|---|
||||121,423|
||||18,713
16,970
6,481
20,635
140
8,406
31,771|
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 11
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
|**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
funds
fund
£
£
**Total**
103,116
-
**NET INCOME**
18,307
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
2,714,805
-
**TOTAL FUNDS CARRIED FORWARD**
2,733,112
-
**6.**
**TANGIBLE FIXED ASSETS**
Plant,
fixtures
& fittings,
Office
PA
equipment
£
£
**COST**
At 1 April 2024
15,087
7,385
Additions
10,117
-
At 31 March 2025
25,204
7,385
**DEPRECIATION**
At 1 April 2024
10,008
7,385
Charge for year
4,423
-
At 31 March 2025
14,431
7,385
**NET BOOK VALUE**
At 31 March 2025
10,773
-
At 31 March 2024
5,079
-|Total
funds
£|Total
funds
£|
|---|---|---|
||103,116||
||18,307
2,714,805||
||2,733,112||
|||Totals
£
22,472
10,117
32,589
17,393
4,423
21,816
10,773
5,079|
continued...
Page 12
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **7. INVESTMENT PROPERTY**
|**FAIR VALUE**
At 1 April 2024
and 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
Fair value at 31 March 2025 is represented by:
Valuation in 2025
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.25
£
Trade debtors
2,508
Other debtors
6,601
9,109
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.25
£
Bank loans and overdrafts (see note 10)
1
Trade creditors
1,740
Other creditors
1,440
3,181
**10.**
**LOANS**
An analysis of the maturity of loans is given below:
31.3.25
£
Amounts falling due within one year on demand:
Bank overdrafts
1
Bank loans
-
1|£
2,700,000|£
2,700,000|
|---|---|---|
||2,700,000||
||2,700,000||
||£
2,700,000||
||31.3.24
£
1,818
13,259
15,077
31.3.24
£
8,000
-
1,440
9,440
31.3.24
£
-
8,000
8,000||
|||8,000|
continued...
Page 13
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Property - Langley Road
Property - Balaclava Road
Property - Northcote Avenue
Ministerial
Mission/The Well
150th Anniversary Celebration
Sound Equipment
Digital Collection Plate
**TOTAL FUNDS**
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
Property - Langley Road
Property - Balaclava Road
Property - Northcote Avenue
Ministerial
Mission/The Well
Sound Equipment
Digital Collection Plate
**TOTAL FUNDS**|At 1.4.24
£
5,026
964,135
982,450
775,000
-
-
2,628
3,466
407
2,733,112
2,733,112
s follows:||Net
movement
in funds
£
(23,471)
42,718
20,625
(6,151)
(21,748)
(11,094)
-
(1,155)
(136)
(412)
(412)
Incoming
resources
£
46
68,455
39,181
289
-
-
-
-
107,971
107,971||Transfers
between
funds
£
38,567
(51,548)
(26,012)
6,151
21,748
11,094
-
-
-
-
-
Resources
expended
£
(23,517)
(25,737)
(18,556)
(6,440)
(21,748)
(11,094)
(1,155)
(136)
(108,383)
(108,383)|At
31.3.25
£
20,122
955,305
977,063
775,000
-
-
2,628
2,311
271
2,732,700
2,732,700
Movement
in funds
£
(23,471)
42,718
20,625
(6,151)
(21,748)
(11,094)
(1,155)
(136)
(412)
(412)|
|---|---|---|---|---|---|---|
||||||||
||||||||
||||||||
continued...
Page 14
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **11. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Property - Langley Road
Property - Balaclava Road
Property - Northcote Avenue
Ministerial
Mission/The Well
Tots & Carers
150th Anniversary Celebration
Sound Equipment
Digital Collection Plate
**TOTAL FUNDS**|At 1.4.23
£
7,926
951,371
980,508
775,000
-
-
-
-
-
-
2,714,805
2,714,805|Net
movement
in funds
£
(18,020)
34,406
28,491
(6,481)
(20,635)
(8,406)
2,654
2,628
3,345
325
18,307
18,307|Transfers
between
funds
£
15,119
(21,641)
(26,549)
6,481
20,635
8,406
(2,654)
-
121
82
-
-|At
31.3.24
£
5,025
964,136
982,450
775,000
-
-
-
2,628
3,466
407|
|---|---|---|---|---|
|||||2,733,112|
|||||2,733,112|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Property - Langley Road
Property - Balaclava Road
Property - Northcote Avenue
Ministerial
Mission/The Well
Tots & Carers
150th Anniversary Celebration
Sound Equipment
Digital Collection Plate
**TOTAL FUNDS**|Incoming
resources
£
5,966
59,554
45,461
-
-
-
2,654
2,828
4,500
460
121,423
121,423|Resources
Movement
expended
in funds
£
£
(23,986)
(18,020)
(25,148)
34,406
(16,970)
28,491
(6,481)
(6,481)
(20,635)
(20,635)
(8,406)
(8,406)
-
2,654
(200)
2,628
(1,155)
3,345
(135)
325
(103,116)
18,307
(103,116)
18,307|Resources
Movement
expended
in funds
£
£
(23,986)
(18,020)
(25,148)
34,406
(16,970)
28,491
(6,481)
(6,481)
(20,635)
(20,635)
(8,406)
(8,406)
-
2,654
(200)
2,628
(1,155)
3,345
(135)
325
(103,116)
18,307
(103,116)
18,307|
|---|---|---|---|
||||18,307|
||||18,307|
Page 15
continued...
SURBITON NEW LIFE BAPTIST CHURCH
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
## **12. RELATED PARTY DISCLOSURES**
Remuneration of £43,487 was paid to one trustee in the year (2024 £37,329).
Donations totalling £18,924 were received from 3 trustees in the year (2024 £23,990 from 5 trustees)
Page 16
SURBITON NEW LIFE BAPTIST CHURCH
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2025|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts & collections|12,945|13,892|
|Donations|13,483|22,076|
|Gift aided donations & refunds|33,471|28,399|
||59,899|64,367|
|**Investment income**|||
|Rents received|48,026|57,052|
|Deposit account interest|46|4|
||48,072|57,056|
|**Total incoming resources**|107,971|121,423|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Trustees' salaries|21,744|18,664|
|Trustees' pension contributions|4|1,971|
|Pulpit expenses|870|140|
|Outreach Facilitation|5,557|2,433|
|Premises expenses|3,225|4,248|
|Grants to institutions|4,967|5,548|
|Grants to individuals|570|425|
||36,937|33,429|
|**Support costs**|||
|**Management**|||
|Trustees' salaries|21,743|18,665|
|Trustees' pension contributions|3|1,971|
|Rates and water|4,684|5,340|
|Insurance|5,511|5,374|
|Light and heat|10,958|10,733|
|Telephone|5,137|3,217|
|Postage and stationery|331|366|
|Sundries|300|-|
|Repairs & renewals|2,492|4,572|
|Cleaning|8,580|8,680|
|Motor, travel & subsistence|1,235|3,654|
|Books & subscriptions|3,956|2,219|
|Carried forward|64,930|64,791|
This page does not form part of the statutory financial statements
Page 17
SURBITON NEW LIFE BAPTIST CHURCH
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
|Detailed Statement of Financial Activities
for the Year Ended 31 March 2025|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**Management**|||
|Brought forward|64,930|64,791|
|Computer costs|652|256|
|Plant & machinery depreciation|4,424|2,402|
|Fixtures & fittings deprec'n|-|798|
||70,006|68,247|
|**Governance costs**|||
|Accountancy fees|1,440|1,440|
|Total resources expended|108,383|103,116|
|**Net (expenditure)/income**|(412)|18,307|
This page does not form part of the statutory financial statements
Page 18