REGISTERED CHARifY NUMBER: 1187105
rt of thè TrustÈès and
for
Godalming Baptist Church CIO
C J Bacon
BEd.IHons.I, AST. BFP. ACA
Upper Ground Floor
18 Farnham Road
Guildford
Surrev
GU14XA

Godalmin
Ba
1st Church CIO
Contènts ol thè Flnantlal Statèments
for the Year Ended 5 A
ri12024
Page
Report of the Trustees
Independent Examinerfs Report
ststèment of Flnanclal Actlvltles
Balance Sheet
Notes to the Flnan¢lal Statements
7 to 15

Godalmin
Ba
1st Church CIO
ofthe Trustees
for the Year Eb)ded S
ril 2024
The trustees present their report with the financial statements of the charity for the year ended 5 April 2024. The trustees
have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 1021 (effective l January 20191.
OBJEcfivES AND AcfiviTIES
The principal purpose of the Church is the advancement of the Christ13n faith according to the principles of the Baptist
denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom
èndlor other parts of the world.
Summary gf activitie5
The artivitie5 may include but are not re5trirted to:
regular public worship, prayer, Bible study, preachin8 and teachin8,'
* baptism, as defined in the Union's Oeclaration of Principle;
*the Communion of the Lord's Supper which shall be observed at least once a month,.
evangelism and mission, locally, regionally, nationally and internationally,.
the teaching, encouragement, welcome and inclusion of young people,.
nurture and growth ol Christian disciples;
education and training lor Christian and community service;
givin8 and encouraging pastoral care;
'supporting and encouraging charitable social action in the United Kingdom and abroad,.
'encouragin8 relationships with and supporting Baptists and other Christians.
The trustees conflrm that they have referred to the guidance contained Sn the Chaflty Commlsslon's general guldance on
public benefit when reviewing the charity's aims and objectives and in planning future activities.
ACHIEVEMENT AND PERFORMANCE
During the period the Church has sought to meèi its objectwes by cairying out many of the activitiès listed above. It has
carried out a number of its activities and has also SUPPtsrted other peoplè as they have sou8ht to meet similar tsbjectives.
The Charity continued to support those missionaries servin8 overseas who are members ol the Church and who were sent
out through the Ambassadors, Fund.
The trustees feel that over the course of the year, the Charity has been successful in meetin8 its stated objectives through
many of the activities that it has embarked upon.
Page I

Godalmi
Ba
1st Church CIO
ofthe Trustees
for the Year Ended S
ril 2024
FINANCIAL REVIEW
During the year under review. the income of the Charity was £138.08412023.. £289,487). Income last year was higher than
usual as it included the profit of £156.638 on the disposal of the manse. Income from donations fell from £92,503 to
£85,821 and there was no rental income from the manse ihis year12023.. £3.61KJI.However. because of the funds invested
from the sale ofthe manse. investment income rose from £10.112 to £24.422.
Expenditure for the year was £178.18812023.. £144.6361. of which depreciation of £47.49312023.. £44.1391 was by far the
major item. Staff costs increased slightly from £16.182 to £18.552. Major categories of expenditure were grants to
institutions. £26,26612023.. £25,362). and repairs and detorating £34.22112023.. £13.9391.
In totbl, therefore. the thurch recorded a defitit of £40,10412023.' surplus of £144.8511 whith, when deducted from the
total funds brought forward, leaves reserves of £1.849.332 to be carried forward.
Althou8h expenditLJre of £47.493 related to depreciation of the premi5e5 and equipment and therefore did not represent
a cash movement. the trustees are mindful that operating at a deficit is nol sustainable in the long-term.They will continue
to Monitor the financial 51tuation carefully.
Reserves policy
The trustee5 have established the level of reserve5 (that is those funds that are freely available excluding designated
funds) that the charity Ought to have. Reserves are needed to ensure that re8ular expenditure and donations and 8rants
can be maintained in the short term should there be a reduction in the level of voluntary income received. Reserves are
held to cover possible emergency repairs to the Church and other buildings. The trustees consider that the ideal level of
reserves is £50,CiIO, approximately three months of regular expenditure. Unrestricted cash balances at S April 2024 were
£167,327, thus comfortably exceeding the desired level of reseryes.
STRucfuRE. GOVERNANCE ANO MANAGEMENT
Governlng document
Godalming Baptisi Church is an unincorporated charity govemeil by its Constilution dated 19 December 2020. It was
reglstered as a charity with the Charity Commission on the same date. receiving charity number 1187105.
AppoSntmen¢ re¢rultment and training of trusteès
Thè management of the charity is the responsibility of the trustees who a￿ eleded by nomination at the church AGM by
the membership of the church under the terms ol the Constitution. The trustee5 (except for those in ministerial office) are
appointed for an initial three year term with the opportunity for re-appointment at the end of the three year term. Each
trustee is provided with copies of the Constitution on request, as well as accounts and minute5, and is made aware of the
le8al responsibilities they are acceptin8 on their appointment.
REFERENCE AND ADMINISTRATIVE DETAILS
Re8lstered Charlty number
1187105
Prlnclpal address
Godalming Baptist Church
Queen Street
Godalming
Surrey
GU7 IBA
Page 2

Godalmin
Ba
1st Church CIO
Re rt of the Trustees
for the Year Ended S A
ri12024
Trustees
Mrs C Lawton
Mrs S Lucas
A Lucas
Mrs M Jones
Mrs M Toombs
P Barringer
M Bowgett
A J Bennewith
Rev P Jackson
Indepèndènt Examlnèr
C J Bacon
BEd.IHon%.I, AST, BFP, ACA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GUI 4XA
Approved by order ofthe board of trustees on 19 November 2024 and signed on its behalf by:
A Lucas- Trustee
Page 3

Inde
ndent Examiner's Re
rt to the Trustees of
Godalmin
1st Church CIO
Independent examiner's report to the trustees of Godalmin8 Baptist Church CIO
I report to the charity trustees on my examination of the accounts of Godalming Baptist Church CIO (the Trust) for the
vear ended 5 April 2024.
Responslblllties and basis of report
As the charity trustees of the Trust you are responsible for the p￿paratIOn of the accounts in accordance with the
requirements of the Charities Act 20111.the Act'l.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying tsut
my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the
Act.
Independent examlnerfs statemènt
I have completed my examination. I wnfirm that no material rnatter5 have come to my attention in connection with the
examination givin8 me catjse to believe that in any material re5pert=
accountin8 records were not kept in respecl of the Trust as required by Section 130 of the Act,. or
the accounts do not accord with those records- or
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 21x18 other than any requirement that the accounts give a true
and fair view which is not a matter considered a5 part of an independent examination.
I have no concerns and have come across no other matters in connection wf(h the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
C J Bacon
BEd.IHon5.1, AST, BFP, ACA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU14XA
3 january 2025
Page 4

Godalmin
Ba
1st Church CIO
Statement of Financial Activities
lor the Year Eb)ded S
ril 2024
5.4.24
Total
funds
5.4.23
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
98.769
2.204
l(MJ.973
107.969
Charltsblè actlvltles
Premises hire
Income from events
Manse rental income
12.233
456
12.233
456
11.168
Investment income
Other income
24,422
24.422
10,112
156.638
Total
135,880
2,204
138,084
289,487
EXPENDITURE ON
Charitable actbvlt5e5
Ministry costs
Administrative costs
Establishment costs
Mission costs
16,134
24,359
109,114
12,288
16,134
24,359
109,114
28,581
14,996
18,913
81,392
29,335
16,293
Totsl
161,895
16.293
178.188
144,636
NET INCOMEIIEXPENDITUREI
Transfers betweèn funds
Other retognised gainslllossèsl
Actuarial 8ains on defined benefit Khemes
126.0151
112.6241
114.0891
12.624
140.1041
144.851
13
21,142
Net movement In funds
138,6391
11.4651
140.1041
165.993
RECONCILIATION OF FUNOS
rotal fund5 brought forward
1,885,234
4,202
1,889,436
1,723,443
TOTAL FUNDS CARRIED FORWARO
1,846,595
2,737
1,849,332
1,889,436
The notes form part of these financial statements
Page 5

Godalmi
Ba
1st Church CIO
BalarKe Sheet
ri12024
5.4.24
Total
funds
5.4.23
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
io
1.662.771
1.662.771
886.708
CURRE￿ ASSErs
Debtors
Cash at bank
li
23.666
167.327
23.666
170.064
23.651
985.044
2.737
190,993
2.737
193,730
1,008,695
CREDtroRS
Amounts fallin8 due within one year
12
17,1691
17,1691
15,9671
NET CURRENT ASSErs
183,824
2,737
186,561
1,002,728
TOTAL ASSETS LESS CURRENT LIABILITIES
1,846,595
2,737
1,849,332
1,889,436
NET ASSETS
1,846.595
2,737
1,849,332
1,889,436
FUNOS
Unrestricted funds
Restricted funds
13
1.846,595
2.737
1.885,234
4,202
TOTAL FUNOS
1.849,332
1.889,436
The financial statements We￿ approved by the Board ol Trustees and authorised for issue on 19 November 2024 and
were si8ned on its behalf bv..
A Lucas- Trustee
C Lawton- Trustee
The notes form part of these financial statements
Page 6

Godalmi
Ba
1st Church CIO
Notes to the Financial Statements
lor the Year Ended 5
ril 2024
ACCOUNTING POUCIES
Basss of preparingthe flnandal 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 '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 IFRS 1021 leffective l January 20191.. Financial Reporting Standard 102
'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Att 2011. The
financial statements have been prepared under the historic31 cost convention.
Incomè
All income is recogni5ed in the Statement of Financial Attivities once the charity ha5 entitlement to the funds, it 15
probable that the income will be received and the amount can be measured reliably.
Expendlture
Liabilitie5 are reco8ni5ed as expenditure as soon as there is a le831 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 obligalion can be measured reliably. Expenditure is accounted for on an accruals basis and ha5
been classified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allcKated to activitses 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.
Tanglble Ilxed assets
Depreciation is provided at the lollowing annual rates In order to write off each asset over Its estlmated useful Ilfe..
Freehold property
Straight line over 26 years. The church was being depreciated over 50 years In
the books of ihe old unincoiporated charity and 24 years, depreciation had
been provided to the datè of transfer.
25% on the reducin8 balancè basis
25% on the reducing balan¢e basis
Plant and machinery
Fixtures and fittings
Depreciation is not provided on the manse as the trustee5 consider that it5 value exceed5 the c05t at which it is
held in the books of the charity.
Taxatlon
The charitv 15 exempt from tsx on its charitable actwities.
Fund accountlng
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.
Page 7
continued...

Godalmin
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded S
ril 2024
ACCOUNTING POUCIES- continued
Penslon costs and other post-retirement beb)effts
The church pays pension contributions for its eligible ministerial staff to the Baptist Pension Scheme, which is not
contracted out for State Pension purposes. Contributions to the defined contribution pension element of the
pension scheme are charged to the Statement of Financial Activities in the year tts which they relate. It also pays
deficit contributions to the Baptist Pension Scheme in respect of the closed defined benefit plan. The scheme is a
multi-employer pension scheme and it is not possible to identify the assets and liabilities of the scheme which are
attributable to the church. In accordance with the SORP IFRS 1021 the scheme is therefore accounted for as a
defined benefit contribution scheme.
The church also pays pension contributions for eligible non-rninisterial staff to a separate defined contribution
scheme. These are charged to the Ststement of Financial Artivitie5 in ihe year to which they relate.
DONATIONS AND LEGACIES
5.4.24
5.4.23
Donations
Gift aid
Designated gifts
85,821
14,946
206
92,503
14,040
1,426
100,973
107,969
INVESTMENT INCOME
5.4.24
5.4.23
Deposit account interest
24.422
10.112
OTHER INCOME
5.4.24
5.4.23
Profit on disposal of manse
156,638
Page 8
continued...

Godalmi
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded 5
ril 2024
CHARITABLE AcnvmES COSTS
Grant
funding of
activities
Direct
Costs
Totals
Ministry costs
Administrative costs
Establishment costs
Mission costs
16.134
24.359
109.114
16.134
24,359
109,114
28.581
28.581
149.607
28.581
178,188
TRUSTEES, REMUNERATrON AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 5 April 2024 nor for the year ended
5 April 2023.
Tru5tee5' expenses
Durin8 the year, expenses totalling £5,089 were paid to one trustee in respect of travel and preaching fees 12023..
£2,432 expenses were paid to one trustee in respect of travel and preaching fee51.
STAFF COSTS
5.4.24
5.4.23
Wages and salarles
Other pension costs
18,248
304
15.913
269
18,552
16,182
The average monthly number of employees during the year was as follows=
5.4.24
5.4.23
Ministry
Administration
No employees received emoluments in excess of £60,{￿.
Page 9
continued...

Godalmin
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded S
ril 2024
COMPARATIVES FOR THE STATEMENT OF FINANaALACTwmES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME ANO ENDOWMENTS FROM
Donations and legacies
102.914
5.055
107.969
CharStable actlvltles
Premises hire
Manse rental income
11.168
11.168
3,600
Investment income
Other income
10,112
156,638
10,112
156.638
Total
284,432
5,055
289.487
EXPENDITURE ON
Charitable artivitie5
Ministry costs
Administrative costs
Establishment costs
Mission costs
14,996
18,913
81.392
11.316
14,996
18,913
81,392
29,335
18,019
Total
126.617
18.019
144.636
NET INCOMEIIEXPENDITURE)
Transfèrs between funds
Other reco8nised 8alnslllossesl
Actuarial gains on defined benefit schemes
157.815
111,7151
112,9641
11.715
144.851
21,142
21.142
Nèt movemènt In funds
167,242
11.2491
165.993
RECONCILIATION OF FUNDS
Total funds brought forward
1,717,992
5,451
1,723,443
TOTAL FUNDS CARRIED FORWARD
1,885,234
4,202
1,889,436
Page 10
continued...

Godalmin
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded S
ril 2024
NET MOVEMENT IN FUNDS
The net movement in funds is stated after Icreditingll charging the following..
5.4.24
5.4.23
Independent Examiner's Remuneration
Depreciation- owned assets
47,493
44.139
io.
TANGIBLE FIXED ASSETS
Fixtures
and
rittin8S
Freehold
property
Plant and
machinery
Totals
COST
At 6 April 2023
Additions
956,590
785,C
629
1,SC
52,535
37,056
I,IXJ9,754
823,556
At 5 April 2024
1,741,590
2,129
89,591
1,833,310
DEPRECIATION
At 6 April 2023
Charge for year
95.558
35.834
334
386
27,154
11,273
123,046
47,493
At 5 April 2024
131.392
720
38,427
170,539
NET BOOK VALUE
At S April 2024
1.610.198
51.164
1,662,771
At S April 2023
861.032
295
25,381
886,708
Under the terms of the 1903 Trust Deed. the ¢hur¢h must use any pro¢eeds from the sale of the ¢hur¢h premises
to buy or ere¢t new premises for the furtherance ofthe Kin8dom of God.
ii.
DE8TORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
5.4.24
5.4.23
Other debtors
Prepayments and accrued income
15,750
7,916
14,675
8,976
23,666
23,651
Page 11
continued...

Godalmi
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded 5
ril 2024
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24
5.4.23
Other creditors
7.169
5,967
13.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
5.4.24
At 6.4.23
Unrèstrlrted funds
General fund
Church Premi5e5 Fund
Legacy fund
544.505
1.017,670
323.059
9.818
135.8341
1554.3231
628,362
186,6631
1.610,198
236,397
1,885.234
126,0151
112,6241
1,846,595
Re5trirted funds
Ambassadors, Fund
Pastoral Fund
Other restricted donations
112,6241
11,3171
11481
12,624
2,531
206
354
4.202
114.0891
12,624
2,737
TOTAL FUNDS
1.889.436
140.1041
1,849.332
Net movement in funds. included in the above are as follows..
Incomlng
resource$
Resources
expended
Movement
In funds
Unrèstrlrttd funds
General fund
Church Premi5e5 Fund
Legacy fund
135,879
1126.0611
135,8341
9,818
135,8341
135,880
1161,8951
126,0151
Restrlrted funds
Ambassadors. Fund
Pastoral Fund
Other restricted donations
112,6241
13,3151
13541
112,6241
11,3171
11481
1,998
2.204
116.2931
114,0891
TOTAL FUNDS
138.084
1178.1881
140,1041
Page 12
continued...

Godalmi
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded 5
ril 2024
13.
MOVEMENT IN FUNDS- continued
Comparatives for movement Sn funds
Net
movement
in funds
Transfers
between
funds
At
5.4.23
At 6.4.22
Unrestrlrted fvnds
General fund
Church Premi5e5 Fund
Leg3cy fund
81.229
1.313.704
323.059
58.153
120.804
405,123
1416.8381
544,505
1.017,670
323,059
1,717.992
178.957
111,7151
1,885,234
Restrlrted funds
Amba55adors' Fund
Pastoral Fund
Other restricted donations
112,2311
599
11,3321
12,231
3,249
2,202
3,848
354
15161
5,451
112,9641
11,715
4,202
TOTAL FUNDS
1,723,443
165,993
1,889,436
Comparative net Movement in funds, included in the above are as follows=
Incoming
resources
Resources
expended
Gains and
losses
Movement
In funds
Unrestrlcted funds
General fund
Church Premisès Fund
127.794
156.638
I￿.783)
13S.8341
21,142
58,153
120,804
284.432
1126,6171
21,142
178,957
Restrl¢ted funds
Amba55adors' Fund
Pastoral Fund
Other restricted donations
112,2311
13,0301
12,7581
112,2311
599
11,3321
3,629
1,426
5,055
118,0191
112,9641
TOTAL FUNDS
289,487
1144.6361
21,142
165,993
Page 13
continued...

Godalmin
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded S
ril 2024
13.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows=
Net
movement
in funds
Transfers
between
funds
At
5.4.24
At 6.4.22
Unrestrlrted fvnds
General fund
Church Premi5e5 Fund
Leg3cy fund
81.229
1.313.704
323.059
67.971
84.970
1149.2001
211,524
186,6631
1.610,198
236,397
1,717.992
152.942
124,3391
1,846,595
Restrlrted funds
Amba55adors' Fund
Pastoral Fund
Other restricted donations
124.8551
17181
11,4801
24,855
3,249
2,202
2,531
206
15161
5,451
127,0531
24,339
2,737
TOTAL FUNDS
1,723,443
125,889
1,849,332
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
In funds
Unrestricted fvnds
General fund
Church Premises Fund
Le8acy fund
263.673
156.638
1216.8441
171.6681
21,142
67,971
84,970
420,312
1288,5121
21,142
152,942
Restrirted funds
Ambassadors, Fund
Pastoral Fund
Other restricted donations
124.8551
16,3451
13,1121
124,8551
17181
11,4801
5,627
1,632
7,259
134,3121
127,0531
TOTAL FUNDS
427.571
1322.8241
21.142
125,889
The Church Premises Fund is a fixed asset rese￿e. maintained Iby a transfer to or from general funds) at a level
equal to the net book value of f￿ehOld land and buildings. For 2023. it also included the profit on the sale of the
manse, which was used towards the future purchase of the new manse in 2024.
The Legacy Fund was established in order to record separately the income and expenditu￿ relating to the legacies
froffl former members.
Page 14
continued...

Godalmin
Ba
1st Church CIO
Notes to the Finanaal Statements- continued
lor the Year Eb)ded S
ril 2024
13.
MOVEMENT IN FUNDS- continued
The Ambassadors Fund was established to provide financial support for the work of missionaries sent out from the
Church.
The Pastoral Fund was established to provide financial assistan￿ to those in need in the church and local
communitv.
Other Restricted Oonations relate to specific donations made by church members.
14.
RELATED PARTY DISCLOSURES
Tony Bennewith is a director of Bennewith 2018 Ltd. which invoiced the church £5,280 during the year for
bookkeeping and accountancy services. The balance outstanding at 5.4.24 wa5 £720.
Donations totallinB £22,430 were recetved from the trustees during the year12023'. £12,370) and a further £4,400
was received from a charitable trust connerted with a church trustee12023'. £2,8￿1.
Page 15