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2023-12-31-accounts

Overview 2023 for The Bridge Baptist Church

The Bridge Baptist Church continues to grow, whilst we have only 13 people in formal membership, we welcome a Sunday Morning congregation of around 25 to 40 people.

In Spring 2023 we launched ‘The Welcome Course’ a six-session course aimed at welcoming people who have moved to the UK from Hong Kong. This course was advertised locally and attended by Hong Kongers and native Brits. The consensus was that we all learnt a great deal from each other and about British culture.

Last year we also gave a major focus to our Children and young people. In preparation for a new Sunday Club many from our congregation trained in Level 2 Safeguarding and several went on to have their DBS checks completed. We registered 10 children and in summer we started a regular Sunday Club called Mosaic which now meets weekly during the sermon slot. The children enjoy stories, games, activities, and songs as they get to know Jesus better.

-Regarding the ministry of the Church:

-We have connected with our local community in a number of ways:

-We continue in good relationship with other local Churches – joining together for an event to mark the week of prayer for Christian Unity, and meeting together outdoors in our town centre for a Good Friday Service.

-We are now very much a multinational congregation – welcoming people from people Hong Kong, Ghana, Scri-Lanka, The Philippines, India, and South America,

We have been keen to encourage inclusivity and access to all.

-In terms of the fabric of the building

-We are a giving church, as below.

THE BRIDGE BAPTIST CHURCH FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

RECEIPTS & PAYMENTS ACCOUNT

Note
Receipts
Weekly offerings
Donations and other income
2
Income tax recovered on gifts
Investment income
3
Total Receipts
Payments
Mission
4
Upkeep of Church Premises
5
Administration
6
Total Payments
Net (Expenditure)/ Income for the Year
Add Balance as at 31st December 2022
Balance as at 31st December 2023
7
2023
£
4,318
13,052
3,266
743
21,379
2,951
25,376
8,812
37,139
(15,760)
54,450
38,690
2022
£
3,196
77,633
3,239
179
2022
84,247
5,648
54,794
8,975
69,417
14,830
39,620
54,450

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THE BRIDGE BAPTIST CHURCH

NOTES TO THE ACCOUNTS

1 Basis of accounts

These accounts have been prepared on a "receipts and payments" basis and in accordance with Section 133 Charities Act 2011.

The Bridge Baptist Church registered as a charity effective as from 10th October 2019. It's activities commenced on 1st January 2020.

2
Donations and other income
Gift aid donations
Other donations
Entitlement on closure of Stanton Hill Baptist Church
Room hire
3
Investment income
Baptist Trust interest
Baptist Union Corporation Ltd interest
COIF Charities dividends
COIF Charities - increase (decrease) in value of investment
4
Mission
Baptist Missionary Society
Water Aid
Sightsavers
Shoebox Appeal
Baptist Union fees
Baptist Union donation
Community Food Bank
Russell Trust
Tear Fund
Samaritans Purse
NSPCC
Ukraine Appeal
Alzheimers Society
Portland Training College
Rough sleepers
Operation Smile UK
Easter and Christmas expenses
Safeguarding course
5
Upkeep of Church Premises
Light and heat
Water rates
Cleaning
New Projector
Roof repairs
New Front Gate and Railings
Repairs and maintenance
Gardening
Insurance
2023
£
12,152
75
0
825
13,052
404
5
81
253
743
500
0
0
0
67
0
200
262
250
500
205
0
200
0
0
0
637
130
2,951
1,406
184
840
7,219
5,724
5,000
2,163
708
2,132
25,376
2022
£
11,379
415
65,499
340
77,633
454
0
81
(356)
179
600
600
600
650
78
600
800
0
900
0
0
300
0
100
20
400
0
0
5,648
1,444
105
0
0
47,000
0
3,514
590
2,141
54,794

2

THE BRIDGE BAPTIST CHURCH

NOTES TO THE ACCOUNTS continued

6
Administration
Telephone
Pastoral Leader and support wages
Speakers
Licences
Postage and stationery
Accountancy
Gifts and hosting
Sudry expenses
Website expenses
7
Balance as at 31st December 2023
Barclays Bank Current Account
Baptist Union Corporation Ltd
Cash-in-hand
East Midlands' Baptist Trust Co. Ltd.
COIF Charities Investment Fund (Market Value)
2023
£
523
4,200
2,270
162
695
310
385
30
237
8,812
9,800
25,006
926
0
2,958
38,690
2022
£
535
3,800
2,220
405
665
300
967
83
0
8,975
37,551
0
756
13,437
2,706
54,450

8 Assets held for the Church's own use

The Church is the beneficial owner (subject to the relevant trusts) of the following assets, the legal title to which is held by the Church's custodian trustee (the East Midlands Baptist Trust Co. Ltd.).

9 Liabilities

There are no liabilities at 31st December 2023.

3

THE BRIDGE BAPTIST CHURCH

STATEMENT OF ASSETS AND LIABILITIES AT 31ST DECEMBER 2023

Note
Assets
Bank and other cash balances
7
Assets held for Church's own use
8
Total Assets
Liabilities
9
2023
£
38,690
2,380,061
2,418,751
NIL
2022
£
54,450
2,271,054
2022
£
54,450
2,271,054
2,325,504
3,000

The accounts and statement of assets and liabilities set out on pages 1 to 4 relating to the year ended 31st December 2023 are as approved by the trustees.

Signed …............................................................................. Mr. B. Tomlinson - Treasurer

4