Chichester Baptist Church Trustees Annual Report and Financial Statements for Chichester Baptist Church for the period ending 31 December 2024 cbc Chichester Baptist Church Table of Contents Charityinformation- Reference andaLlministrative d8t8ils..................................................................................... Structure. Governance 8ndM8n8gement........................ Obj6CtIV8S 8ndActivities...............-..................................................................................................................... Achievements and Performance.-..-. ...................................................................-...................... Financial Review.. INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDJTED ACCOUNTS OF CHICHESTER BAPTIST CHURCH.............................................................. Respectwe Responsibilities of Trustees and Ex8mtiner...........-.....-..-.......-...-.-.........-...- Basis of Independent Ex8minerfs Report.............................................. Independent EA*aMine￿S Sratement.................................................................................................................. Statement of Financial Activities . BaLance Sheet.................................................................................................................................. . . Notes to the Financial Statements.............................................................................. 10 Page2 of 16 Chichester Baptlst Church Charity information - Reference and administrative details Charity name Registered charity number: Chichester Bapti%t Church 1187869 Church address '. 124 Sherborne Road. Chichester, Westsussex, P019 3AW Trltstees: Ellen Wild (Chairl Roger Hubert Minister & Team Leader Church Ministry Leader (Resigned May 20241 Minister & Youth Ministry Leader Worship Miftistry Leader Pastoral Minister Treasurer Andy Morgan Calvin Hollingworth Bruno Kondabeka Tom Snow Guy Applebee losmith Secretary Deacon lan Crossley Mark Blaney Ange13 Cocks Deacon Deacon Deacon Custodian Trustee The Baptist Union CorporatM)n Structure, Governance and Management Chichester B8ptist Church is 8 CIO registered with the Charity Commission. It is managed by its Trustees acting on behalf of the Church in accordance with decisions reached by the Church Meeting. Trustees are appointed from within the membership and elected by the Church Meeting. The Ministers of the Church are also Trustees by nature of their office. The Church Meeting provides an opportunity tor all the members to meet for a time of worship, discussion about the direction of the church. its vision & mission, and key decisions about such Matters. All members of the Church are encouragedtoattend these meetings. All the Trustees have been brief ed on the legal set up of this charity & its constitLrtion and are aware of their obligations and responsibilities through Charity Commission publications. All Trustees have completed and signed Fit and Proper Persons Declarations. Page3 of16 Chichesler Baptist Church Objectives and Activities The principal purpose ot Chichester Baptist Church is the athjancement of the Christian faith accordingto the principles of the Baptist denomination.The Church mayalso advance education and carry out other charitable purposes in the United Kingdom andlor other parts of the world. When planning our programmes and activities for the year, and in the context of the overarching aim of the Church which isthe athancement ofthe Christianfaith and.for people to committo and become more like jesus-, the Trustees have considered the Com mission's Guidance on public benef it and. in particular, the specific guidance on charities tor the a(fvancement of religion. For details of the main activities undertaken please see achievements and performance. Achievements and Perfonnance In the year 2024, the on-going stated aim of the Church to advance the Christian faith in accordance with the Baptist denomination has been followed in a variety of ways. Our regularsunday SeNices, morningand evenin& are one area where rhe Christian faith is advanced through worship. teachingand prayer in a varietyof different styles. Thioughout the year we held in person services but also continued to live stream the morning seNices tor those who are unable to attend. With our onlinelstreaming provision, ourserviceshave reached individualsand familieswhowould not necessarily have either wanted to or been able to attend actual services in the building. OurAlternativeGatheTingsareanotheropportunityto meet withthe local communityand offer support.These comprise-. Cedar Ministry bringing church to elderly residents in local care homes. Common Threads. a group focussed on creative knitting. crochet and needlework. Early Birdies. golf and the chance to discussfaith and life. Mud, Sweat and Gears, a local mountain bike ride. Renew Together our wellbeing cafe. SportsPlus, indoor and outdoor games for all ages. W8lk& Talk. a localwalkwith refreshments andthe ¢h8nceto he8r 8 shortChristi8n message. Our weekly Acorns Parentlcarer Toddler group met throughout the year and continues to be appreciated by those attendingas a safe space to meet people and allowtheiryoung children to interact socially. Both weekly sessions were fully booked throughout the year with a waiting list. Many local families from our community attend this group. Like many of our church activities we ale reliant on amazingteams of volunteers to run Acorns. Our Lunch Clubcontinuedto meetthroughout2024 servinga hot mealto older people. many of whom ar8 particularly vulnerable and socially isolated. Page4 of 16 Chichester Baptist Church Ourwomen's prayer and Bible study group. Wellspring, andour homegroups metthroughouttheyear. We elso hosted 2 Alpha Courses for people exploringthe Christian faith. OurThursday & Friday night youth groups and our Discipleship Groups regularly met throU￿oUt the year, providi ng huge encouregement and spiritual challenge forthe young people attending. We also ran averysuccessful Holiday Clubfor primary aged school children inthe summerwith over 120 children attending. In 8dditionto moreformalgroups meeting8nd supporting each other. Staff, Trustees, the Pastoral Care Team, and other leaders have sought to maintain personal contact with individual members ot the congregation by making regular pastoral calts and visits. The Church continues to have 8 focus on mission l)oth here in the UK and wider afield. The Church continues to support several people in the congregationwho work in Christian mission as well as contribLJting financially fo other mission organisations. A key initiativeforthe Church remains our Christians Against Poverty {CAPI centre. CAP is a national initiative which provides f ree debt counselling. The Chichester Debt Centre opened in 2009. During 2024. the Church remained heavily involved in supporting prayerfully, f inancially and in providing volunteers for the Chichester Food Bank. Options Pregnancy Advice Service. HEART for the Homeless in Chichester and the Lite Centre. Our church buildings have been used bya range of other community. voluntary and public sectorgroups who are active and workingin the localcommunityincludinEour local primary and secondary schools and our local residents, associations. We also rK)w host a weekty dementia droFFin centre run by Sage House. This has proved to be very popular aswell as providinga valuable local communityresource. Allthe activities describedabove are supported byvolunteers, whogive their time and expertise to the church. We have not included a valuefor thetime of the volunteersinthe financial statements, but the Trustees hugely appreciate 811 the time and supt)ort they give. The work of the church would not be possible withoLrt them. Page 5 of 16 Chichester Baptlstchurch Financial Revlew The church's income comesfiom many individual donorswith the m8joiityof donations comingthrough monthlystanding orders. This income is considered reliable and any significant decline is, given the nLJmber of donors, likelyto be gradual. With this in mind. our resetves ￿LIcY is to hold at least 2 months core expenditure Icurrently equivalent to £ 70,0001. Free reseNes at the end of the year stood at £220.433 {2024.. £195.5801. The church enjoyed a strongyear financially. One reason forthiswas a special exercise carried out to ensure we had current, valid&ft aid declarations f or all qualifying donors. This boosted gift aid receipts f or the year and enabled us to collect some £37,000 of additional gift aid relating to previous years. A weekof prayer2ndlastingwas held in January 2025to better seekGod'swill asto how bestto use the Angncial.and other resources with which the church has been btessed. The Trustees approved the above on é March 2025. Signed on behalf of the Trustees. Rev Ellen Wild Tom Snow Team Leader and Chair of Trustees Treasurer Pa￿60r10 Chichester Baptist Church INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEES ONTHE UNAUDITED Accou￿rS OF CHICHESTER BAPTIST CHURCH For the purposes of those charity funds on pages 8 10 16 for the p￿70d ended 31 De¢ember 2024 %thi¢h require an independent exarninerfs report, we confinii the follovAng= Respective Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not reqijired for this year under section 144121 of the ￿arit￿eS Act 2011 Ithe 2011 Act) arKJ that an independent examination is needed. is my responsibility lo.. exarnine the f inantial slatements (under section 145 of 2011 Actl- to follow the procedures laid down in the general Dire¢lions given by the (￿arItY Commission {under section 14515llbl of the 2011 Act)-. slate whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was ¢arried out Én accordance wth the gen￿1 Diwtions given by Charity Commission. An examination includes a review of accounting records kept by the charity and a comp&ison of the financial statèrn8nts presented wth those records. li also includes considerations of any unusual items or disclosures in the financial statements. and the seeking of explanations from you as trustees conceming any such matters. The procedures undertaken do rK)t provide all the evidenGe Ihal w)uld be requited in an audit and. Gonsequenlly no opinion is given as to whether the f inancial statements present a "tfue and far vievf and report is limited to those matters set out in the statements below. Independent Examiner's Statement In connection wlh my examination. ￿ matter has come to my attention 11 whioh gives me reasonable cause to believe that. in any mat￿1a[ respect. the trustees have not mel the requirements.. to keep accounting records in accordan￿ wth s130 of the 2011 Act., and to prepare financial statements ￿lch agree wth the accountirvj records arvj lo comply wth the accounting requirements of the 2011 Act,- or 21 to which, in my opinion. attenlion should be drawn in Ord￿ to enable a prop￿ ￿￿erstandIng of the fin8n¢ial statements to be reached. A Morrison FCA LOL 1 Home Way. Petersfield, Hant5. GU31 4EE ststement of Financial Activities Page 7 0116 Chichester Baptistchurch Year Ended 31 st December 2024 FL￿$ 2024 2023 Unrestricted DeSi￿ed Restrictsd Tcrtal Total Vduntary In¢oTr Investment incon 455.772 54,008 509,780 421.289 9.322 9.322 2,825 Charitablè Aelivitiès 23.610 23.785 47,395 51,062 Total Income 488,704 77,793 566,497 475, 176 Expenditure on Ch8ritable A¢tivit188 406,764 810 81.710 489,284 489,209 -Govemafice Costs 181 1,024 745 Total Expenthture 407.607 810 81,891 490.308 489,954 Net I￿¢>neI{EX￿n￿tUreI before transfers 81,097 810 76.189 14,778 Transfers bet¥*en funds 13 12.197.970) 2.192.761 5.209 Nei Incon￿llE¥PendrtUrèl bdortrg*nfJllDs8 12, 116,8731 2.191,951 1.111 76,189 114.7781 G8inllLossl on revaluation of assets Net Movemen¢ in Funds 12.116,8731 2,191.951 2,337.306 47.321 1.111 76.189 {14,7781 2.431.523 Total funds brought fon 32.118 2,416,745 Trtal funds ￿rrIed fo￿ard 220.433 2.239.272 33.229 2.492.934 2.416.745 Page 8 of 16 Chichester Baptist Church Balance Sheet As at 31 st December 2024 2024 2023 Fixed A55ets Tangible Fixed Assets 2,192,821 2,189,047 2.192.821 2,189,047 Current Assets tkbto 10 40,441 37,340 Bank and Cash 281,536 204,172 Totsl Current Assets 321,977 241,512 Creditors.. Am￿rtS falling wrthin one year 11 21,864 13,814 Net Current Asset$ 300.113 227,698 Crediiors.. AMtyJ￿ falllny due m(Ke than year Total Net Assets 2.492,934 2.416,745 Funds 13 Lknrestricted 220,433 2,337.306 Designated funds Restri¢ted Funds 2,239,272 47.321 33,229 32.118 Total Charity FUNJS 2,492.934 2.416,745 These financial st8l8rnÉnts ￿Ere approved by the trusl88S LJ and signed on their b8half by. Name d Trustee: . Apew Siwed on l*half of the trustees: The attached notes11-131 fomi part of th8$8 slatenEnts Page9 of 16 Chichester Baptist Church Notes to the Financial Statements Accounting polices sls of prepapation The accounts are p￿pa￿d on the basis ofThistOriC Cost (except the churd) building which is valued at the 1ftsu￿d value) in accordance with: Accounting and Reporting by a)aiilies - Ststement of Recommended Practice (SORP 2005)- Accounting Stsndards. FPSIO2- and the tharitie5 Act 2011. Donations tk)nations onw Included in the SOFA when the chartty has unconditional enti￿emenl Tax redaims on d(￿ationS and glfts Incoming resources from tsx reclaims are included In the SOFA at the same time as the gift to which they rElate. Legacies Legacies are accounted for when their receipt is certain and can be pD4Jerfy quantified. Investment income Investment income is included in the a¢counts when receivable. Grants payable The Church makes grants to Otheroryanl￿IOrG who* charitab￿ obFrtsc0ry￿M< its work They areaccovrted for in the ye ar in which they are paid. Governance costs This ￿presents direct ex￿￿11t￿ on the gO¥￿￿an￿ of the church. Most of the management is carried out without charge by volunteer5. This intsryitlecost isnot inclU￿d in the Statements of ￿nanCIal ￿￿￿treS but is described in the TNstees' annual report. Wixed assets The (hurch premises are indLJt*d in the balan￿ strEet at insurance walue as per Bapb"st Union Insurdnce Company renewal at 29th Septernt￿r 201)3. This value is TeMewed annually at the year end but is not amended unless the￿ is significant change. A professionalvaluat1¢￿ would incursigrifi(Bntcost which WOLdd be on￿OuS COrnFkHred with the a(kliti[￿aI berEfit gairEd by Its in the accounts. The Manse premises arE Stated at cost. Fumiture and Fittings and Comtxjtws and Equipment in the church premises a￿ included at cost (less an annual depreci3tion charge) providing they cost over £l.000. Depreciation Depreciation has not be￿ chargedon the Church or Manse premises because. In the opinion of the Trustees, the depreciation charge would be insignificant given the high residual value of the asseL Depreclauon on otherfixgy as*ts is calwlated to write off the cost on a Strai￿t4lne basis over their expected useful life, at the following rates.. Fumiture and fitknngs and Computer and equipment IO% or 20% Investment Investments are shown at rnarket value. Page Ioof 16 Chlchester Baptist Church Analysis of In¢ome l￿￿tricted tknignated Restrict 2024 2023 2 Voluntary Income Offerings and tk)nat￿n$ InconE Tax Refunds 341,426 39.835 381,261 335.530 111.372 14,173 125.545 58,384 Lega¢tes Grants Received 2.974 2.974 24,0(K) 3.375 Totals 455,772 54.008 509.780 421.289 3 Investment Income Interest In¢orne 9.322 9,322 2,825 otals- 9.322 2,825 4 Charitable Activities IncorrE frorn church property Church events 17.455 17,455 14,033 6,155 23,785 37.029 Tot815 23.610 23.785 47,395 51.062 TOTALINCOME 488.704 77.793 566,497 475.176 Expenditure 5 Charitable Activities lthrestricted tk5ign8ted Restricted 2024 2023 Ministry Mission Establishment Totals 284.807 56,459 65,498 406.764 38,375 43,335 323.182 99,903 66,199 489,284 323,237 101,648 64,324 489.209 701 810 81,710 6 Governance Unrestricted E*signated Reslticled 2024 2023 Independent ExarrunatK)n Cosis Bank Charges Totals 418 263 181 181 327 745 1.024 Page Ilof 16 Chichester Baptist Church 7 GrantsPayable (knrestri¢ted tksignated Restticted 2024 2023 BUGB Home Mss 3,857 520 4,3TT 5,000 BMS Worfd Missw)n 9.140 1.143 10,283 8,950 Other ￿$Sion Organisationslca Totals 43.462 109 41,672 85,243 87.698 109 43.335 99,903 101 648 8 Staff Costs and Trustees Expenses 2024 2023 StiperKls and salaries 215,424 208,618 Social secursty costs (Enyloyer Nll Employer contribution to pension S￿n$ Total Employmert Cc6ts 13,669 14,737 18,368 19,684 247,461 243,039 The average nurrber of enployees durirKJ the year was.. 10 On8 8rrpk)yee, is also a trustee. recwvaj enyloyee benefits (excluding ejrployer pensK)n eosisl of than £80,000 bui less than £70.000. As hffinisters. Ellen Wild was provided K4ith nBnse accon¥Yk)dation ￿nted by Ihe church from the Minist8r and her spouse al a cost of £13.200 in ihe year and ￿L41ed tnanse experbses amunting to £5,924. Andy Wrgan was prov￿ed ￿7th nwnse èccortrrKMlation owhed by the church and related n?nse expenses 8nK)unting to £7.176. The Church pays pension contributions for its Mfiistws lo the Baptist Pension Schem2, ￿lch is an occupational defined cOntnbuti￿ sche￿. The scherre is a Thulli errf4oyer scheTrÈ and it is not possible to identify the assets and liabilities of the sche¥rE *knich are attributable to the (￿urCh. In accordance wth FRS17 therefore. the scheryE accounted for as a defined contribution schenE. The ¢hur¢h has also paid into stakeholder penslon plans for fNe other e￿ploYeeS, t￿> of are Ttwstees. Fwe Tmstees h8ve received ￿r￿nerat￿n 8nd oth8r benefits in rdation to their etrr4oyrnent contracts ￿ryth the church. Th8S8 pay￿￿nt are nwde under a kyovision in the goveming docurY*nt. sums reimbursed to the Trustees for theiT as Trustees. Ellen Wld, the Sen￿[ MinisterlTeam Leader received a stipend of £46,342, plus pension contributions ol £5,625. Andy ￿rgan. Minister and yO￿h Mnistry Leader, received a stipend of £28,800 plus pension contributions of £3,801. R(¥er Fk]bert. Church Ministry Leader. received rertxjneration of £9,904. Calvin Fk)Ilingworth, Worship hthnistry Leader. received rerTyJneralion of £25,928 and pension contributions of £2,592. Bruno K￿dabek>, Pastoral ￿niStry Lead. received reTr￿neratIOn of £28,520 and pension ¢ontribution5 of £1,318. Total aggregate rerrmJnerat￿ paid to key nDnageftEnt personnel during the year vrds £165.730. Page12of 16 Chichester Baptist Church 9 Tangible Fixed Assets Chw¢h PTewni5e5 FLWThture and Fittir Ci¥npLrters TL*al EquFment At 1st January 2024 1.912.106 247.753 135.936 7.247 2,303,042 Revaluation Additions 4,973 3.833 8,806 Disp05als At 31st Cecem￿r 2024 1.912,106 247,753 140,909 11,080 2.311,848 Deweciation At 1st JanLJary 2024 1￿.748 7.247 113,995 Depreciation ¢harge 4.002 1.030 5,032 Depreciation disposal At 31st December 2024 110,750 8,277 119.027 N8t Bcdt Value At 31st December 2024 1,912,106 247.753 30.159 2,803 2,192,821 At 31st Lk¢en*er 2023 1,912,106 247,753 29,188 2,189.047 All fixed assets are used lor direct chariiabte purpos&%. Page 13 of 16 Chichester Baptist Church 9 Tangible Fixed Assets Church Premlses Fwnitwe and Fittiry5 C