REGlStERED cHARy NUMBER 1186522 FINANCIAL STATEMEPlfS FOR THE PERIOD ENDED 31 AUGUST 2024 FOR SANDBACH BAwnsT CHURCH ICHARITABLE INCORPORATED ORGANISATION) VERSION FINAL 10111124 Page l of 17
coiirEpifs OF THE FIIIAIKW STATEMEp¥rs FOR THE PERIOD ENDED 31 AUGU 2024 PAGE(S) Rew cfj Tnstees 3-8 Eyarninerfs Re[rt Statanent of Re1[ paYnts 10-12 13 Jtes to the Rnancial &atents 1+17 Page 2 of 17
SANDBACH BAPT CHURCH REPORT OF THE TRIISTEES FOR ThE PERIOD ENDED 31 AUGUST 2024 The trus present their reix)rt with the finarKial Statets of the diarity fr the pEriod ended 31 August 2024. The trust5 have adoFtsJ the provisi( rf tIE StateEnt d R&xKM)enI Practi (SORP)"AccounliTYJ and ReFxxbrKJ by 0ribeS.. REFERENCE AND ADMINIStRATON DEfAILS Charity name SarKItch BaFX]'st Churth 1186522 Principal address 36 Green Street (GrouFMJ FlrNJr) sa1Ch Cheshire Cwii IGX Rev A Stewart (Chair) Mr B Williams Mr G Hill (re-aptwjintsl 27111123) Mrs A ]0 (rtrapwnted 27111123) Mr I Patsons Mr5 S R&ldiffe Mrs H Carter The tn are all memtV5 of thaTity Rev A Stthyart (CFwr} Mr B Willtams Mr G Hill Page 3 of 17
Mrs A Jones Mr5 H Carter Mr I Par50rs Mrs S Ra(kliffe Retired (25111124) Bankers Royal Bank of Scotla% Mr D Hallworth Charitable obiert The ncipal pUr[se$ of ttE Churth are: l) The advarKenMt of the Chrtstian faith Kcordirmj to wIrlS of BaptLSt deromination, and 2) The Church may also athan edatsn ar#1 cany out (XIr [b]e pUTSe5 in the UK andlor other palts of the world. Sandbath Baptist Church was pre1Y StnKlurj a5 a (tharltsb Unincorpxakl AS$atiOn. however, the Church trx)k decisi)n to convert to a charilab ITKorp)rated Organisation fcto and the new CIO was registerej wtth the Chanty CLYnmisston for Et¥Jlarnl a1 Wale5 on 22 NovemtEr 2019. The Charity CL¥nmission for EThJL3nd Waks aUri1 the tTrn5fer ¢A assets and Ik?FA"lJt5 and Ihe granting of an irklemnity unts sLrtion 105 of ts a)arts P£t 2011 lthn SaNlbKh Baptist Church (the unirwrted enbty) arjd &IliK Baptst UrCh (1186522) on 29 January 2020. The charity is a memter of BatAist Unicm of (knat Britain aNJ Ncth Westem Baplist The charity is controlled by its gOvnI (CIO Ass(Kiakn Consbbjbon) dated l November 2019 a1 amended 7 March 2021. Church memiE. Meetings are durirKJ the year tD rfwjss a1 make decisiors on the life of the thurch. In &COrdar th consthjtsn. n*mtET5 aPtK)int Trusts who are resForsible for the overall governan of the Church, aThJ the and legal as of charity. The Trustees meet regularfy every 3.4 weeks arnj receive a finala1 rqKKt or UFthte at ead) rItrng. The minister and dder also t each week ty ZrKXn. All memtErs are encouw to take an appropriate part in spiiitual and tasks involved in Page 4 of 17
In order to leve the prinop31 dwritable obie(INe atthe, the thurch provides a Var of activities both for tts MemrShip and for the cMUnIty. is to share k)ve of Jws with the community in Sandbach, and furt1 afld. The Thurch does own a of worship but rents a hall at Salik Primary A(2ty on a Sunday momirwJ. Additi"onally. the Church rents a c(Mnmunty buildiThJ at 36 Green Street (Ground FlrK)r), Sandbach Cal Oasis C(wnmunty Centre foa5i51 for further of worship, siudy groups and CLxnmunty.based ]V. Tr Churrh also rnak Oasts availatAe to c(rnUn groups to hire. The Church also uses a hybiid of fe to fa atNJ online tIVItS canied out on the Ziyxn video ConfereIng plattorm. A summary of key is as folhjvs: WothKI SttyaTrl1Yer Central to the work and witness of the Church ts the kYovisN)n of reJuk3r Surnlay Serve5 of Chri5ttan worship. A thikIn'S prryJram usualty takes pl duriThJ tse servic&. An a10 r&tirdir¥J of Sunday nlIj worship is taken wt on the Churth website. Averdge weekly attendarKe on a Sunday moming the ptirj was 47. The fdlowirrfj mmj-week grouFS ncw PrayeT, wship ar¥J Bible Sttth: Tuesday Eveniro"Encounter viith (kKI" trEdir4J Walnesday Moming Felk)wship Wednesday EveniThJ &ble SttKty GKwp Saturday Morniw Gatherir MUS Group Practice Church . the urth has run three sessK)As as a rnmplrbtary le of (Taft based YrShIp and further se55K)ns are plan in ttE fthire Monthly informal youth bible St( group Online via zcM Thursday eveniry Altth House ne of the (DmmunirZtk ctonnds oFA duriThJ COVID-19 kthk)wn have contin1 i.e. Whats4pp groups. The mintster pIr#jed a weekty wslettw. which Ilu(d tething. famity , pray requests and spEtial items of interest to the Church. Th&e wme nald to memiEr5 a1 a5Xtk4tes and printed delivered ts) ttrKJse WR)Ut enHI. A thurd) Retreat is anned for 26 CktotEr 2024, vA)Kh Y11 te a time of 5pinbJal enriEnt arKI In athlition to f&Trto4&e aLx)ve Worship. W arKI Prnyer, we provitsd trE folh)wirNJ seTrfj. Tots Co- tcxldkn arKI carers BAP for senkys. Shceb)x packnng for the Teams4U slKtt)x Extemal letknrys to groups provmjing communty led ti¥l. Page 5 of 17
Universty of the 3ttt P4e fU3A Wornen's Instttute National Chldbirth TnL5t thitionalty. an irnIen(1ent youth (•n Urban Saints nets at Oas5 and the Urban Saints l&iders are all of thurth. urth is an tiVe rnem1r (A T(4thr in SafKJbKh ccrs? WKI in addln to ioiniThJ tcgettr in arts of worship of Wit[ tD the c(xnmunty. Church ITlter5 alsojoinl wtth other churches in saNli to SUPIW finan(idty a1 with volunteers, the followiThJ communty See5. Sandbach F(xxJbank Lifeline Debt Advi up to ckjsure of tr servKE on 3118124 Sandbach Partrtsy Christian Aid week "Net Zero in our l9h1)Urhcrf- dimate tharKJe krally Outd(K)r community sir¥JiThJ of [StmaS Carob a1 shariry Christmas meswJe. Christma5 1)ay lunch for people in our (xxnmunty WIK) are on their own. Amnesty IntematTronal's WrFte Rhts campavJn, which 7r¥]S tcgether from amund the workl to fight injustKe aTrJ gjptxxt we human rights are under threat. Church mem[5 have expressed a wil1iThJnS to part of the i)urw with CFs5 as they explore how Youth and Families Work Mht eV0e tn Salbach. The Church is a150 syilling to I orkn to the Fxjssibility of puth.rrfj financial afKI volunteers into that prOjl Our minister meets regulaty with other (kngy in SaThJbath and kKAI Baptst mintsters. The Church also has strory ties wtth &4tK11%3ch Primary Acaemy minister is a &)vemor and meets wtth theteachers and d(Jes sonE with the chihjren. A p[CraM[e (* indusive social events YRS held during the yew Ind112 walks a1 a garden party. The Church has Iken kx)kirnJ at issues neur1ver to help ensu ve a as indu5ive as FI1b[e. In tem)s of WKkr missMJn the thurch ildeS SUPEX)rt for a wide varth of miwon proj in the UK and overseas through r5(l cont< pw and fina11 gNirKJ as follows: BaFkn"st Unton Hon Miwin BMS World Mis&on North Westem Baptist Assooiat Healirtg RcKJms Prison felk)wship C(NnF4355ion Intnat1, thrwgh whmth the church SU six thildren and youro twple in drfferent c(NJrtrs by cunwIng by ktter5 afKI ords. Open Doors Urban Saints and Nefyn Youth Camp5 Teams4U Sh11X A61 TearfurMI Santtus Refty SupEL)rt ARUK Blble SLK Page 6 of 17
Lifdine Debt Athi Sandbach F(XKlbank SaThlbKh Pantry chan Changing LNes sandb Prinry Acafj Toy ApFeal On occa5i(ffis, guest stEakers from scme of the onjanisations supt#Nt share infomxtion about their wo{ at Sunday services during the year. StErial appeab have a19) iEen held thrw fofkAMThJ Y (auses: Mission Aviation Fdk)wship Sandbath FocJbank aNI SaThJbath Pdnty Morning Star Ministries thristian AKI Sp)nsOr btke rbje Tear Fund (Huw LuThth a1 B"KJ ()Jiz} AdditionaHy, a rTrai fundraisiTrJ ap1 was esiabt6W in 2022 fvr the Tek Ura Mi5sKM) in Abanra. This work is by fomier BMS Mi55ionaries Dan and Annie Dupree. Due the fart that BMS will not te sUPtMytirNJ Dan and Dupree in 2024, thurch committed to pmvwje further financial Dan arKI AnnE Dupree have visted Urch to give a prltatIOn of the mission work undertaken by Tek Ura and one of the a)urch Trustees went to Albank during rewting terKKI to * first hatKI the of mission. The Church OFerates a Safeguarding Policy to Pro chiklren and vulnerable adults, whth is reviewed regularty by the leadership team duriry year and approved by Church on an annual basis. The Church arrdnges safjua¥dlng trainirrfj, for those who it in accordarte with the a)urch Safeguarding Policy. Tr Church also aureS that kH)ple w01ng with chiklren and VUIWab adults a aptKopriatdy vetbl by DiosUre and BarriNJ Swvice. The Trustees have read the ality CoMmissn guIdare on public tenefit are satisfied that the artmties out11r atM)ve dea d[M)nte that the charity is providing a I)efit to the public. Athievements and Perfornn The Church dS not measure the SPsS of tLs pr3mMeS onty in num[5, inding financial number5 but also in tsngible areas like feFkA¥ship aNX)urVL The Truts rnise that th are difficult to measure. The arttvities listal in the wlion atrf)ve uThkn"Objectives arnl ArtiVI5. a Churth which is comfflittl to ¢ts Charitab obve5. On 31 August 2024, the mernlHship strth at 45. Financial Review The Church Ix>ntinues to rdise ftlts. which it to carry on its 1VitieS frixn within its own meMiShipIcongregatIOn ar exiernal lettiros. The (hurth employs memt)er of staff, whKh is t minister and is IavilY depeTrknt on its memLEr5hip working as volunteers in all asFtrts of church's tI¥le5. The Treasurer preFkires a b]get at tr t*ginniry of narjaI Year, whith is apwoved first by the and Trtid by the Churth Meeting in Septant£r annually. Page 7 of 17
Within the overall bu(kJet, the Church sets a missK)n budget each year ba1 approximatety on 10% of the previous yearfs income a1 suppx)rts work of the wwjer thurch otrEr national and intemational Christ&3n organisatmxs through mission gifts. In rthition to the Mission Bty the urCh akn hokls a15 during year in whth mory is rais1 paid out to cher charitable organisatK)ns. An èjreed FinarKial Controls Policy (l1udIJ on ReseThES aThl InVestnts) is in pke trNJether with a self-asSeSs against the (hrlty Commisskyt drMist. This chalist o)ntains qUeStn5 to help charity trustees evaluate the (harivs rf0mn against legal requirements and goc¥J pracbce recommerKJations t out in commi55#)n's gUKlan on itsnal financial contro15 for cha17ties. The financial resu115 the tErKxd, tCoetI with a summary of the LKmuntirvJ FX)Itcies adopted are set out in the a(tompanying financial statements. The financial siatements show an overall surFAus for the year of £10,336, whKh was than b. The TnJstees and Church membe hae agr that stx Th)mHI extre kept in reserves to cover uwtctsj exFenditiJre, whith arise. The Church oJrrentty has suffioent reserves to meet this pK)liLy requiremenL Rev AG Stewart Chair of Trustees Page 8 of 17
Report of the Indeptsthit Eraminer to the Tnees of sand1 Baptist Churth On the accounts the ifjt September 2023_ 31st August 2024 The Churth's Trust are rwsitAe 1xe[rat of the cOUnts. The (hurch's trusts consider that an audit not Uired fc this tericJ under sectr)n 144 of the Tharities Act 2011 fthe char ACV? and that an eknminalion is netsjed. It is my restx)nsibilty to: Exami the CoUnts Sect 145 of tt* CIK3rities Att To folk)w the prlureS laMI down in the gerthl dir&tions gEn by Charity Commtssion (under stttion 145(5Xb) of ttE tharitie5 ACL and To stste whether particular matters have come to my attentK)n My examinatM)n was canied cxrt in accordarKe vith gerthl given ty the Chaiity C(wnmi1O. An examInan indudes a review of the aOUntIng records kept by the church and comparison of the a(u)unts presen1 with tMJse recrnts. It also indudes consideJation of any unusual Itn5 or discb)gJres in the accounts arnl Seeki expLanatw)ns from the trustees Conrn1rj any such matters. The prC(edUr tsndertaken th) provKle all the eVKIen that would be ruirj in an audit, arKI (TUentty rK) opinion is given as to whets rnunts trtEsent a True and fai view and the re[ is limited to ljw matt5 set out in the ststt lkn. In connection byith my examinatwjn, rn material matt8s have c(xne to my attentTh which gives me cause to tdieve that in, any material res[. countiNJ were not kept in with sth 130 of ts (hrities Art: or I have come across (Xher matters in (nek)n with the ewination to whith attent shouhl dravffl in order to enat4e a pro unde11j of CoUrt$ to rea(d. SvjnatU of eyamlner........... ...... Name of indeFeThknt exami. Relevant profsjnal qua1FFthtm of iTrkperKlent eyamir........ Name of firm (tétse appropriate):................. Add....... PostCc&.....L.w)(l..tF Paee 9 of 17
SANDBACH BAlYtIsr CHURCH FINANCIAL sfATEMEpif FOR THE PERIOD ENDED 31 AUGusf 2024 GENERAL RECEIvfs & PAYME1 ACCOUNT (UNREsfRZCfED FUNDS) 2024 2023 Reipts Weaty f)fferings 12,347 40.894 11,273 7,038 3,213 2,513 9,602 42.3 10.894 4,832 850 2.381 19) Rents and contriiKrtw)rs of prniSeS Rais1 for other causes Church weekend Retreats 200 Total Receipts 77h78 71092 Payments Ministy MF5sion Premises Administratbjn and (ther Amounts passed onto other caus Total Payments (38,715) (7,8W) (12.818) (3,172) (2,539) (65,044) (37,377) (7,000) (12,169) (3,604) (2.471) (61621) Net receipts l (payments) for the lod 12.434 9,471 Transfe from General Fund Trnnsfers to General Fund (16) 240 133W7 146,505 (28) 240 124,164 133,847 Cash balance at curt year end Page 10 of 17
BUILDING FUND REIpTs AND PAYMErirs AccouNf (DESIGNATED ACCOUNT) 2024 2023 Receipts Grant Oasis Grant Manse Total Receipts Payments MaIntenafRvat to Manse MaIntenanRer)vat10n to Oasis Total Payments (1,867) (309) (1176) (3.583) (3,819) {7,402) {2.176) (7,402) TransfeTS to l (from) Building fund 33.576 31AOO 40,978 33.576 Cash balance at rrent year end SHOEBOX APPEAL (DESIGNATED ACCOU 2024 2023 Receipts tkn)atioTLs 457 Total Receipts 457 Prf)xes arKI c(Httents Transport Total Payments (o) {480) (480) (185) (3CK)) {485) 204 (28) 16 28 88 88 Cash balance at wevious year end Cash balance at rrent yr end 308 Page 11 of 17
WELCOME BAP REcuvfs AND PAYMEpifs AccouNr (RESTrlCtED FUNDS) 2024 2023 Donations and otTrEr incune Memorials 1,087 1,692 Total Receipts 1.087 1.692 Payments (1.141) (231) (1.372) (761) (266) (1,027) Gifts, (ards and ott*r Totsl Payments Net receipts l (paymwts) for the yiod (285) (240) 1,481 956 (240) 1,056 1081 Cash balan at previ(Mts year er Cash balance at rrent year end CHILD SPONSORSHIP RECEtPTS AND PAYMErirs ACcOuP (RESTRICTED FUNDS) 2024 2023 Receipts Weew donatK)ns a1 (ther i Totsl Receipts 2,723 723 2,572 1572 Child swnSOT5hip charities Total Payments io (2.564) (1564) (2,004) (w) Net receipts l {payMts) for the period 159 Trnnsfers from General fund Cash balance at previous year end Cash balan at rrent year end 90 817 658 Page 12 of 17
srATEMENf OF ASSEfs AND LIABIL[ AT 31 AUGiisf 2024 2024 2023 Assets Bank and cash Lk31an Cash in haThJ [unih3nked colblKK6) RBS Bank Account Bapts"st Union Corp. Ltd (7 day notre) BaWI'st Union Corp. Ltd {3 nx)nth e) 10.597 14,853 154,536 10,299 14,468 144.883 Debtors Gift aid daimed ljut recav&l li 395,416 575,402 388,302 557,952 Total Assets Liabilities Current liabilities Penwn *heme liatmlty Other liabilibes Totsl Liabilities 12 The accounts StatMent of assets arKI liabilit5 35 set out on pages 11>13 rdating to 1Cl endi¥wJ 31 August 2024 are as apy0V by the trust IH Parsons Treasurer Page 13 of 17
NOTES TO THE FINANCIAL AccouKrs 133 Charities Act 2011. 2024 2023 nk and savtngs inter Trust Incc*ne 7,038 4,832 7038 432 3. Raised for other Causes 2024 2023 Tek Ura Albania Tear Fund BMS Hatvest Sandba(h Foodbank Pantry Morning Star Mini Angel Tree (hristsan Ahj Mission Aviation Fe1k)VhlP Total rnised for other Cau 649 273 1.184 472 305 ICK) 143 50 io 7(K) 1513 l381 Other Income 2024 2023 Uttlty aiKI 0r rKI5 other incorne Total Other Income 5. Minislry 2024 2023 Ministerfs stiFEnd Pension contribution Pension defbx fvnd PAYE and NatThal insurdn Council Ta4 Travel and gerErdl perL$es MarGe costs (IrL11 utilitss} Other ministry Total Ministsy (21,286) (6,791) (12) (3,786) (2.743) (4,079) (15) (¥715) (19.374) (6,419) (12) (3,916) (2,583) (5,043) (30) (3777) Page 14 of 17
The Minister ads as of the church's tnjstees arkd receNes remunerali)n and other Inefts in restert of his See5 as Mini, irKtudir¥J wovision of rna accommc%lalJon, owrEd by the church. 6. Mission 2024 2023 Baptist Missiorory kniety Baptist Home Mi&wn (1,100) (1,9W) (T30) (100) (100) (1,050) (150) (i(xi) (o) (i.IcKJ) (1,9(KJ) (350) (l(M)) (ICK)) (215) (250) (ioo) (135) A Rha UK Bible Iety Tek Ura AItKnYa Sandbach Pantry CLMnpaSSb UK Gkthl Fcoj Eli Healiro Rix)ms Lifeline Debt A(fvi(E Open Doors Prison FelloWshiplAd Tree Sanctus ChaKe ChangiThJ Lives Urban Saints Salbath FrxJbank SaThJbach Primary AcadnY Toy Aprthl Totsl Mission (1) {71XJ) (1) (820) (i(KJ) (100) (41KJ) (150) (1) (7WO) (1) (800) (250) (950) (250) (o) (400) (o) (o) (7,000) 7. Premises 2024 2023 Rent- Oas15 utillt*s - (la5iS Small equipmenVfvmiture- Oasis/SPA InsUran- Oasi re exunguisher checks- Oasis Hire of Hall - Sandbath Acadany Total Premises (7.752) {1,738) (7.752) (1,355) (365) (434) (223) (2,IMO) {Il169) (1,170) (442) (116) (1,6) (Il818) Page IS of 17
- Administration & Other 2024 2023 Website Fees L[nSing f Subsaiptwms (BU, NVIBA Ciis) other Fees & TrdiniTrJ Youthlsunday khW(s ConsUMae$ Cards arKI gifts Advent candars1EaSter grfis Churth WeekerKIIRetreats Other Total Administration and Other (233) (818) (250) {418) {315) (215) (757) (323) (473) (209) i J (462) (382) (294) (o) (o) (3,172) (317) (163) (247) (91X)) (o) (3,604) 2024 2023 Tear Fund (Hury lunthlSyria/Quiz) Sandtkich Panty saEbaCh F(KKlbank Prison Fellowship1ArI Tree Christian Moming Star MinistrEs Tek Ura Albania BMS Harvest Aptal Mission Aviatx)n Feltowship compassw UK Gift AKI {273) {579) (30) (143) (o) {100) (649) (o) (7CKJ) (65) (l539) (472) (2(K)) (l(M)) (50) (io) (60) {1,184) (305) (o) (9)) (1471)
- Child Sponsorship Charity 2024 2023 C(pasSln Internati)nal Open D(K)rs (2.348) (216) (1,788) (216) Totsl Child Sponsorship awrities 11564) (1004)
- Assets held for Churth's use 2024 2023 Manse Sound equltynent Visual equint compute and fumitu Air Purifier 393,8f 386,902 675 l(XJ 325 300 388,302 i((J 750 l(K) 395h16 Page 16 of 17
The church is the LnefIda1 owner (subject to Tetevant trusts) of the following assets, the legal trtle to Ythich is hekl Lry thurch's cu(Klian trStee lthe Bapbst Un¥)n Corpwabon Ltdj: (hurch manse at 53 &x)th Avenue, SarKlbh, CWII 4JN val1 in 0)Unts at £393.866 (based on insurable thy one as at 3118124) The church also owns fixtures, fvmiture awKJ 8wiwient with a value of £1,550 12. Pension Scheme Lrability The Church is a partiCiFkitiro BaFtist pens knme whith 15 a separate legal entity administered by Pension Twstee (Baptist PensK)n Trust Limfcexl). The assets of the Scheme a hehj sepa• from of the Empw aThJ cthr 7rtICipating employer5. The Sche, prevK)usty known as the Ba]St Mini& Penyon Furnl, started in 1925, 1)ut was dosed to fvture accrual of defined LErEfits on 31 DenIr 2011. PrK)r to this date the main tenefft provcYj through the tEfined Benefft (DB} Plan was a FensM)n orE eightieth of final minimum pensionable incorrE for year of tEnsK)rob ser1 t(tIr with additional pensK)n in resFett of premiums paid on Pengonabk Irorr in excess of Minimum Pensionable IrMe. Since l January 2012, benefft5 tove prOved through a ned Contribution (DC) PL3n. A fomial valuation of the DB Plan as at 31 DecemiEr 2019 ty a wofessionally qualified Actuary using P]ted Unit MethLxI. At ts valuatb)n date market value of DB Pkn assets was £298 million, whibt the level of assets r*eded to pay It5 was £316m. giving a def[t of £18m (equiwdknt to a past servtce fiJnd1 level of 94%). The (hurch and the other p3rtiapatiThJ employers in the DB Plan are collecbvdy resp)nyble for fundi this defKit. The next actuarial valuati(ffi of ts DB Plan vdithin the 15 due to tske pl Sater than as at 31 De(nl 2022. On 30th June 2022 the Baptst Pension thme swJj an agreement with the insuran (rmnpany Just Group Cjusn to secure DB Plan wnbers, Fers#)n efits. are IK)w providing financial backing for all pensions provided through the kheme's DB Plan arxl folkming this transacb"on, the heme no loroer has a shortfall. An u[xIa RecoVY t4an was tFEn sig in 2022 under which recovery contributions fr(xn e PartKIlg empw in the DB Plan reJded to £1 per nK)nth from August 2021 Page 17 of 17