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2024-12-31-accounts

Godmanchester Baptist Church

Report and Accounts Year ended 31 December 2024

Godmanchester Baptist Church

CHARITY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees Rev Daniel M. Beckett Carolyn J. Keats Clifford W. Broadhurst Brett A. Mickelburgh (resigned 1 January 2024) Joseph D. George Joanna M. Hitchins Andrew P Shefford John M Collinson Susan Houghton Varjil Sunil Raj Tatiparti (appointed 24 June 2024) Key Staff Rev Daniel Beckett (Senior Pastor) Carolyn Keats (Associate Pastor) Governing Document Constitution dated 25 February 2020, amended 17 July 2021

Merged with Godmanchester Baptist Church Trust (charity number 1089263) on 1 January 2021 Charity Registration Number 1188171 Principal Address and Godmanchester Baptist Church Registered Office East Chadley Lane Godmanchester Huntingdon PE29 2BJ Independent Examiner Lisa Darby FCA Stewardship 1 Lamb's Passage London EC1Y 8AB Bankers CAF Bank Kingdom Bank Charity Bank Cooperative Bank

Contents Page
Charity Information 1
Trustees' Annual Report 2-8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Cashflow Statement 12-13
Notes to the Accounts 14-28
Detailed Statement of Financial Activities with Comparatives 29

1

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity is a charitable incorporated organisation and is governed by its Constitution. The objectives of the charity, as set out in the governing document are:

a) The advancement of the Christian Faith according to the principles of the Baptist denomination.

b) The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

The trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the communities in which they lived. Godmanchester Baptist Church, its trustees and members are committed to the restoration of those New Testament principles.

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity's main activities and achievements were as follows:

Objective a:

Where it is relevant, the Trustees take into account the guidance of the Charity Commission on Public Benefit. We provide public benefit principally in the provision of a Place of Worship, with regular services open to all members of the public. We seek to contribute to the moral and spiritual education of children and young people and to engage with and promote self-worth in those who have suffered social exclusion. Additional public benefit is offered via the use of the building for community and other charity activities where reduced hire rates are charged, as well as by companies where charges are in line with similar commercial facilities in the area. We seek to fulfil our charitable objectives in the advancement of Christianity and in supporting those in need, specific examples of which are given below.

Among adults

Our membership at the end of 2024 was 142 (2023 - 139). Our main service on a Sunday morning at East Chadley Lane continued to be broadcast using YouTube, due to broader demand from church members, attendees and other viewers who watch our broadcasts. We held a second service at The Beacon Centre at the same time.

The Songs of Praise congregation continued meeting once a month. Our congregations Families Venture and Young Adults continued to thrive. Our new congregation continued to meet monthly in The Beacon Centre (formerly known as Grace Fellowship which is part of Godmanchester Baptist Church). In September the congregation changed to meeting weekly.

We held a one-day event in September called The Mix which gathered together as many people from all the different aspects of Godmanchester Baptist Church life to enable them to catch up through sung worship, creative activities and to discern what God was saying to us as a Church.

2

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Among adults (continued)

Care and Connect operated throughout the year to ensure that everyone was cared for and supported, and they knew this. During the year the Toolbox system continued, providing a range of teaching which included in-depth Bible studies, podcasts, book clubs and other specialised courses e.g. Walk through the New Testament, retreats and a teaching day on the Holy Spirit. An evaluation of these tools for discipleship is planned for 2025.

We have sought to attain our objective by worshipping God; engaging in the mission of the Lord Jesus; training others to serve the Lord Jesus and extending His kingdom.

Among youth

The Friday Night Project involving local young people met during term times. It proved successful in providing a space to be together and plan the programme, which included games, crafts and pizza evenings. Numbers typically ranged between 40 and 50.

Among children

The Littlefoot toddlers and parent group met on Wednesday mornings to play and chat. Approximately 20 families attended. A new group for toddlers called Stay and Play started to meet at The Beacon Centre, where the average attendance was 8 families. The purpose of the group was to help build community amongst those with young children in their care and create opportunities for mutual support and encouragement.

During the Sunday morning services at our main site there were age-appropriate groups which met for their own instruction. Two children's activity days took place for primary school aged children - these focussed on what it means to be a champion. There were regular visits for assemblies and lessons in local primary schools and a local secondary school.

Beyond Godmanchester, in the U.K. and abroad

We have fostered closer working relationships with other churches in the Godmanchester and Huntingdon district, seeking to bear witness to Jesus Christ through joint services and some open-air events in the towns, as well as collaborating in certain community projects. New for 2024 was the opportunity to partner with Thrive Youth Work, hosting one of their popular after school youth cafes.

Ministers have spoken at Baptist Union events as specialists in their field. Several of our members have served other churches in leading worship and preaching.

We have made financial contributions to Baptist Union Home Mission to support the work of the BU in resourcing UK churches. We continue to make financial contributions for overseas mission work, including an outreach ministry to seniors and young people in India, a children's home in the Philippines and individuals working in Central Asia. Shoe boxes for needy families in Romania were sent as part of our work with Amen Ministries. We worked to meet the physical and spiritual needs of those who are often the most vulnerable, poor and marginalised in their society. We received regular reports from those we supported overseas.

3

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Objective b:

We have provided emotional, practical and spiritual support for those in our congregation and community who have needed such assistance. The sick, the aged and the infirm were visited and practical support offered as appropriate.

There was a weekly Littlefoot Parents and Toddlers Club. Stay and Play started to meet in June 2024. We had members who were involved with the work of Huntingdon Area Money Advice (HAMA) and the church premises are used as one of its bases for meeting clients. HAMA helped its clients to write off £1.2 million pounds of debt during the year.

Tuesday Treat which is a coffee, cake, friendship and fellowship group met regularly with an average attendance of 50 people per week. A series of three summer events called Tuesdays @ 11 ran for senior citizens with talks and activities of interest e.g. a humorous talk about the British Seaside.

Following on from 2023 when the premises were used as a warm space, a Thursday drop in has been running throughout the year. This offers a chance to sit and chat with access to snacks, soft drinks and activities.

The Inspire craft morning proved successful in drawing in people from the community as well as the church.

We hosted our first local drop-in, and our first retreat and teaching day open to people more widely at The Beacon Centre.

The Together programme - board games, musical entertainment, a family walk - which allowed the opportunity to invite others into the church. This was a varied programme to suit different tastes.

Working in association with the Home Office, Hope Into Action and numerous other local bodies and organisations a project to resettle a second Syrian Refugee family continued until closure in August 2024.

We have 100 local agencies who can act as Referral Agencies for our foodbank including 12 schools in and around Huntingdon and Godmanchester. These agencies can issue vouchers to those in need which can then be redeemed at the foodbank. Godmanchester foodbank maintains close ties with other foodbanks and charities in the area.

In 2024 a major building project took place to turn a derelict building belonging to Godmanchester Baptist Church into a purpose-built foodbank centre with rooms for HAMA and the Citizens Advice Rural Cambridgeshire staff to meet their clients. Grant applications were made for funds for the building restoration and refurbishment including from Huntingdon Freeman's Trust and Thalia Waste Management. The building has been named The Hive and was opened in early 2025.

The foodbank has remained affiliated with the Trussell Trust - a charity which provides assistance and training to those running food banks around the country. Donated or purchased non-perishable food items are redistributed without charge to those in urgent need.

During 2024 49,227 kgs. (2023 57,964 kgs) of food was distributed and 996 (2023 : 882) adults and children received help. The majority of people assisted live primarily in the Huntingdon and Godmanchester areas.

4

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Objective b (continued):

There continued to be a steady increase in demand for foodbank services from people where their problem was greater than a shortage of food, for example rising debt and mental health issues. To help with these clients we have been working with Citizens Advice Rural Cambridgeshire who provided two Citizens Advice trained advisers. These advisers offered budgeting advice, benefit help and other forms of support using the Godmanchester Baptist Church premises. There were more than 25 regular volunteers who staffed two open sessions each week.

Local food store collections, local churches, community groups and businesses all contributed to food stock collections throughout the year.

In order to facilitate the achievement of these objectives:

We have emphasised the priority of prayer together, in prayer triplets, in small groups, at meetings specifically for prayer and during our services. These have been undertaken either online or in person.

We have sought volunteers from within the congregation with the right skill set and offered training or mentoring to enhance these if required.

We have paid and supported both Pastoral and Administrative staff to help achieve our objectives.

We encourage the widest participation in our activities, where necessary subsidising events and activities so that 'ability to pay' is not a barrier.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Volunteers

Most of the charity's activities are undertaken by volunteers and the charity could not operate effectively without their efforts.

Structure, Governance and Management

Responsibility for setting policy and for making operating decisions rests with the trustees who meet regularly to monitor the activities of the charity.

The organisational structure considers that the government of the local church is best done by church members meeting together in a spirit of prayer and friendship to discuss and agree on what God wants them to do.

The day-to-day leadership of the church is entrusted to the Leadership Team who are the trustees appointed by the church members. They are jointly responsible for overseeing spiritual direction of the church, worship and prayer, discipleship (both teaching and pastoral care), outreach and in the role of trustees the administration of the church.

Paid staff are a Lead Pastor and an Associate Pastor plus a Church Administrator and the Food Bank Project Manager and cleaners.

The church constitution lays out our voting percentages and system for decision making across all areas of the church. Details can be found in sections 13.7, 13.8, 14.1, 14.2, 20.1, 22.7 and 22.8. The constitution is available on the church website.

5

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Structure, Governance and Management (continued)

New trustees are recruited and appointed by church members. Trustees serve for a maximum of three years before standing for re-election.

Trustees follow the policies of the church constitution and that of the Charity Commission for inducting and training trustees. There is a Code of Conduct for Trustees and a Trustee's Declaration. New trustees are supported by more experienced trustees and made aware of useful materials from the Baptist Union. They undergo training, including the reading of 'The Essential Trustee' and watching relevant videos on the Charity Commission's website.

Pay is set for the Lead Pastor and the Associate Pastor using the recommended stipend reviewed annually by the Baptist Union. The church is committed to paying, as a minimum, the real living wage for all other roles while experience and skills required for the role are also used to determine the final pay rate. Cost of living increases for other staff members are based on the BU stipend increase or the CPI rate of inflation and selected by the Leadership Team according to the most appropriate measure at the time of the review. This is reviewed annually. All paid staff undergo an Annual Appraisal which is reviewed after 6 months.

The church is part of a wider network via a covenant relationship with the Baptist Union of Great Britain and the Eastern Baptist Association.

We are a franchise of the Trussell Trust with the objective of being able to provide a foodbank but do not have formal relationships with other related parties. We work with other churches when and where it is needed and where appropriate give gifts to other local charities. This has little impact on our operating policies.

Financial review

During the year income increased by £168,456, to £639,985, and expenditure increased by £20,816, to £531,700. As a result, surplus for the year increased to £108,285 (2023 - loss £39,355) of which £134,422 related to grants and donations towards the refurbishment of the Hive and the charity's net assets increased by the same amount, to £1,443,654. Net current assets stood at £132,248.

The most significant event to have affected our financial position during the year was the refurbishment of the part of our premises now named The Hive, for use as a base for our foodbank and to offer financial inclusion advice at a cost of £154,756, against which we received grants and donations in 2024 of £134,422 including grants from Thalia Waste Management and Huntingdon Freemans Trust. The balance coming from own funds.

Investments

The majority of the church's resources are tied up in the premises that are used to enable all the activities to take place. Surplus funds are placed in a range of deposit accounts to minimise credit risk. These have a range of notice periods and are monitored to ensure that there are sufficient funds to meet the ongoing daily cash requirements. To date the majority of the surplus funds have been the result of grant receipts for major projects.

6

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Fundraising

As a church, the primary source of our income is from our congregation and members. These funds are used to pay our staff and maintain our buildings to support our key objectives.

Primary fundraising activities this year were for the refurbishment of The Hive and for food for our foodbank. There was also a grant to provide advice and support to clients of the foodbank from debt agencies and Citizens Advice.

Funds in deficit

There were no funds in deficit at the end of 2024.

Reserves policy

The trustees have determined that the charity should aim to hold easily accessible reserves of an amount equal to three months' worth of General Fund expenses or £60,000, whichever is greater so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end the charity held unrestricted funds (excluding fixed assets fund) of £64,778 and unrestricted cash of £62,115.

Going concern

The Charity Trustees are confident that Godmanchester Baptist Church remains a going concern.

Key risks and uncertainties

The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks. The Trustees have started to frame a Church Life Risk Management document.

An ongoing risk for any church is the dependence on giving from members. This is regularly monitored and reported to the Leadership Team and if necessary, actions would be taken to address any shortfall. Risks on grant funding are mitigated by only committing spending to match the term of the grant and not committing expenditure on projects unless income is committed, usually by phasing such projects.

Energy costs have been fixed for two years removing any uncertainty in their costs.

There are no factors likely to affect the financial performance or position going forward.

Plans for the future

Godmanchester Baptist Church will continue to be a vibrant worshipping community that will add new and relevant activities to existing successful ones e.g. further use of The Beacon Centre as a space for Christian retreats and training.

We have no large projects planned for 2025. Any building or refurbishment work would be covered, in advance, by grants or donations. Regular repairs and maintenance are included in the budget.

7

Godmanchester Baptist Church

TRUSTEES' ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Responsibilities of trustees under charity law

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

Daniel Beckett

Daniel Beckett (Jun 10, 2025 10:56 GMT+1)

DANIEL BECKETT

Jun 10, 2025 Date: _______

8

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

Godmanchester Baptist Church

('the Charity')

I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2024 on pages 10 to 29 following, which have been prepared on the basis of the accounting policies set out on pages 14 to 16.

Responsibilities and basis of report

As the charity’s trustees of the Charitable Incorporated Organisation 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 Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity 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.

Lisa Darby

Lisa Darby (Jun 10, 2025 12:58 GMT+1)

Lisa Darby FCA

Member of the Institute of Chartered Accountants in England and Wales (ICAEW) Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Jun 10, 2025

9

Godmanchester Baptist Church

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Total expenditure
Net income/(expenditure)
Transfers between funds
20
Other recognised gains/(losses):
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
20		 Unrestricted
Funds
£
217,267
4,402
2,406
8,499
232,574
281,955
281,955
(49,381)
164,740
115,359
115,359
1,263,825
1,379,184		 Restricted
Funds
£
404,857
-
-
2,554
407,411
249,745
249,745
157,666
(164,740)
(7,074)
(7,074)
71,544
64,470		 Total
Funds
2024
£
622,124
4,402
2,406
11,052
639,985
531,700
531,700
108,285
-
108,285
108,285
1,335,369
1,443,654		 Total
Funds
2023
£
457,329
5,040
2,048
7,112
471,529
510,884
510,884
(39,355)
-
(39,355)
(39,355)
1,374,724
1,335,369

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 14-28 form part of these accounts.

10

Godmanchester Baptist Church

BALANCE SHEET

AS AT 31 DECEMBER 2024

Note
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Stock
11
Debtors
12
Cash at bank and in hand
13
CREDITORS: Amounts falling
due within one year
14
Net current assets / (liabilities)
Total assets less current liabilities		 Unrestricted
Funds
£
1,314,406
1,314,406
-
16,816
62,115
78,931
(11,154)
67,778
1,382,184		 Restricted
Funds
£
-
-
12,318
8,920
121,919
143,157
(78,686)
64,470
64,470		 Total
Funds
2024
£
1,314,406
1,314,406
12,318
25,736
184,034
222,088
(89,840)
132,248
1,446,654		 Total
Funds
2023
£
1,187,152
1,187,152
11,036
26,264
205,921
243,221
(91,004)
152,217
1,339,369
CREDITORS: Amounts falling due
15
after more than one year		 (3,000) - (3,000) (4,000)
TOTAL NET ASSETS
FUND BALANCES
20
Unrestricted Funds
General funds
Designated funds
Restricted Funds		 1,379,184
64,271
1,314,913
1,379,184
-
1,379,184		 64,470
-
-
-
64,470
64,470		 1,443,654
64,271
1,314,913
1,379,184
64,470
1,443,654
1,335,369
73,157
1,190,668
1,263,825
71,544
1,335,369

The financial statements were approved by the Board of Trustees and were signed on its behalf by:

Cliff Broadhurst

Cliff Broadhurst (Jun 10, 2025 10:12 GMT+1)

CLIFF BROADHURST

Jun 10, 2025 Date: ________

Charity number: 1188171

The notes on page 14-28 form part of these accounts.

11

Godmanchester Baptist Church

FOR THE YEAR ENDED 31 DECEMBER 2024

CASH FLOW STATEMENT

Note
Cash flows from operating activities:
Net cash provided by/(used in) operating activities
a
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Net cash provided by/(used in) investing activities
Cash flows from financing activities:
Repayments of borrowing
Cash inflows from new borrowing
Receipt of endowment
Net cash provided by/(used in) financing activities
b
b
Cash and equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and equivalents in the reporting period		 2024
£
143,995
11,052
(175,935)
(164,883)
(1,000)
-
(1,000)
(21,888)
205,921
184,034		 2023
£
21,681
7,112
(19,097)
(11,985)
-
5,000
5,000
14,696
191,225
205,921

Analysis of changes in net debt:

Cash
Bank loans:
Falling due within one year
Falling due after one year
Total net funds / (debt)		 At start of
year
£
205,921
(1,000)
(4,000)
200,921		 Cash-flows
£
(21,888)
-
(1,000)
(22,888)		 At end of
year
£
184,034
(1,000)
(3,000)
180,034

12

Godmanchester Baptist Church

FOR THE YEAR ENDED 31 DECEMBER 2024

NOTES TO THE CASH FLOW STATEMENT

Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities

Adjustments for:
Depreciation charges and provisions for impairment
Gift of equipment
Dividends, interest and rents from investments
Deecrease in stocks
Decrease in debtors
(Decrease)/increase in creditors
Net cash provided by (used in) operating activities
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)		 2024
£
108,285
48,681
-
(11,052)
(1,282)
528
(1,164)
143,995		 2023
£
(39,355)
51,248
(900)
(7,112)
3,913
2,426
11,461
21,681

Note b: Analysis of cash and cash equivalents

Cash at bank with immediate access
Notice deposits (with a term of 120 days or less)
Petty cash
Total cash and cash equivalents		 2024
£
35,732
147,134
1,168
184,034		 2023
£
83,987
120,843
1,091
205,921

13

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1 Statutory Information

The charity is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention.

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a)

Going concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations includes:

The charity relies on volunteers to carry out many of its activities, particularly its various ministries activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats and other events and courses.

Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income from the sale of donated goods.

14

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2

Accounting Policies (continued)

Investment income represents income generated by the charity's assets and includes income from letting the charity's property and bank interest.

The charity has taken the view that it has only one charitable activity, namely the advancement of the Christian faith, and all income from donations, legacies and charitable activities is in respect of this one activity.

c)

Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d)

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

e)

Tangible fixed assets

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use)
Freehold buildings Over 50 years after taking account of the building's residual value
Furniture Over 5 to 10 years
Equipment Over 3 to 10 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f)

Stocks

Stocks of donated items held for distribution to beneficiaries are measured at fair value; stocks of goods donated for the charity's own use are valued at an estimate of their value to the charity.

g)

Leased assets

Leases which do not transfer substantially all the risks and rewards of ownership to the charity are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term (unless another systematic basis is more representative of use).

h) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

15

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2 Accounting Policies (continued)

i)

Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

j)

Financial instruments

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

k)

Critical accounting estimates and areas of judgement

ln preparing financial statements certain judgements, estimates and assumptions have to be made that affect the amounts recognised in the financial statements. The trustees consider the following to be significant:

i) The annual depreciation charge for property, plant and equipment is sensitive to changes in the estimates for useful economic life and residual value. These estimates are reassessed annually and, when necessary, adjusted to reflect current circumstances.

3

a

Donations

Donations of cash and similar
Donations in kind (note 3a)
Government grants (note 3b)
Other grants receivable
Gift aid recoverable
Donations in kind comprise:
Goods donated for:
Distribution to beneficiaries
Equipment donated		 2024
£
208,370
83,674
-
288,402
41,679
622,124
2024
£
83,674
-
83,674		 2023
£
225,925
76,513
1,700
110,500
42,692
457,329
2023
£
75,613
900
76,513

Goods donated for distribution represents foodbank donations in kind received for onward distribution.

b

Grants for Community Sponsorship
Government grants comprise:		 2024
£
-
-		 2023
£
1,700
1,700

16

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4
Income from charitable activities
Church Ministries
Other income
5
Income from other trading activities
Sale of items
6
Investment income
Property letting
Bank interest
7
Charitable expenditure
a
Costs incurred directly on specific activities
Cost of goods sold
Salaries, travel and expenses ministers and foodbank
Hospitality
Venue hire
Equipment hire
Literature
Events - other costs
Ministries - other costs
Subscriptions and professional fees
Miscellaneous charitable expenses
Foodbank, including stock purchased and donations in kind expensed
Grants payable (note 7e)		 2024
£
4,070
332
4,402
2024
£
2,406
2,406
2024
£
6,933
4,120
11,052
2024
£
2,003
124,849
5,757
1,094
2,414
986
13
7,117
2,749
1,822
110,945
259,748
140,715
400,463		 2023
£
4,826
214
5,040
2023
£
2,048
2,048
2023
£
5,901
1,211
7,112
2023
£
1,441
115,781
5,860
1,030
3,423
828
416
4,979
2,316
2,083
104,442
242,599
121,785
364,384

17

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7 Charitable expenditure (continued)

b

Costs incurred on support & administration
Governance costs
Professional fees
Administration salaries
Conferences and training
Printing, postage, telephone, internet and stationery
Equipment expensed
Utilities
Repairs, maintenance & cleaning
Depreciation of tangible fixed assets
Insurance
Total expenditure		 5,692
5,692
32,931
2,207
11,721
2,090
12,423
11,008
48,681
4,483
131,236
531,700		 10,816
10,816
26,969
515
11,751
3,621
25,155
12,635
51,248
3,790
146,500
510,884

Total expenditure

The fee payable to the independent examiner for examining the accounts was £2,760 (2023: £2,800).

c Charitable expenditure split by activity -current year

d

Ministries
Events
Foodbank (note 16)
Church
Foodbank (note 16)
Church
ritable expenditure split by activity - prior year
Ministries
Events		 Fundraising
costs
£
1,945
-
-
58
2,003
Fundraising
costs
£
1,441
-
-
-
1,441		 Gifts/Grants
£
5,739
-
96,917
38,059
140,715
Gifts/Grants
£
-
-
96,232
25,554
121,785		 Direct costs
£
11,978
448
135,619
109,699
257,745
Direct costs
£
8,530
1,827
128,240
102,561
241,158		 Support/
governance
costs
£
3,407
-
3,376
124,453
131,236
Support/
governance
costs
£
2,894
-
7,674
135,932
146,500		 Total
costs
by
activity 2024
£
23,070
448
235,913
272,269
531,700
Total
costs
by
activity 2023
£
12,865
1,827
232,146
264,046
510,884

Charitable expenditure split by activity - prior year

18

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7 Charitable expenditure (continued)

e Gifts/Grants payable

Gifts/Grants payable
Gifts/Grants for UK and overseas mission
Gifts/Grants for the relief of poverty and advancement of health or saving of lives
The comparatives for the previous year are as follows:
Grants for UK and overseas mission
Gifts/Grants for the relief of poverty and advancement of health or saving of lives
The charity's principal grants to institutions comprised:
Anglo Indian Concern
Baptist Union of Great Britain Home Mission Fund
Cornerstone Pregnancy Crisis Centre
Organisation working in Central Asia
Huntingdon Area Money Advice
Hope in Action
Rehoboth Children's Homes (Philippines)
Thrive (Youth work)
HCAP
GENr8
Rural Cambs Citizens Advice Bureau Ltd.
St Neots Foodbank
People of The Way Church
Thalia
Grants to institutions for less than £1,000 each		 Institutions
£
28,839
98,865
127,704
Institutions
£
19,260
95,335
114,595		 Individuals
£
6,840
6,171
13,011
Individuals
£
3,300
3,891
7,191
2024
£
5,170
4,284
1,440
4,655
6,560
1,440
6,920
1,440
-
2,680
59,038
27,427
1,750
4,400
500
127,704		 2024
£
35,679
105,036
140,715
2023
£
22,560
99,225
121,785
2023
£
3,240
5,700
1,020
4,020
6,140
1,020
3,240
1,020
2,010
1,020
59,538
26,627
-
-
-
114,595

The charity has taken advantage of an exemption conferred by the Charities SORP and has not disclosed the names of some grant receiving institutions as they operate in territories where Christians are persecuted; the disclosure of this information would be prejudicial.

19

8

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Analysis of staff costs, the cost of key management personnel and trustee remuneration

ysis of staff costs, the cost of key management personnel and trustee remuneration
Gross wages and salaries
Social security
Pension costs
Other employment benefits		 2024
£
123,564
6,342
9,264
16,406
155,576		 2023
£
111,144
5,260
8,768
15,968
141,140

The average monthly number of employees during the year was 5 (2023:4.2). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the trustees and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Daniel Beckett
33,359
16,406
3,465
Carolyn Keats
40,598
-
2,835		 2024
£
53,230
43,432
96,662
The following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Trustees:
Daniel Beckett
28,084
15,968
3,069
Carolyn Keats
36,927
-
2,675		 2023
£
47,122
39,602
86,724

Daniel Beckett and Carolyn Keats served as church leaders and received the above payments for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.

Included in "other employment benefits" is expenditure incurred by the charity in respect of the customary provision of accommodation to Daniel Beckett, who is a trustee, so that they could better perform their duties. The charity provided additional expenditure of £16,406 (2023: £15,968) in this respect .

20

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

9

Acting as agent

On occasion the charity receives money on behalf of other charities, which it banks and then pays out to these charities. This income is received as agent for these other charities and the income, and the related payments, are excluded from the Statement of Financial Activities; any money that has not been distributed by the year end is recognised as a creditor.

During the year the charity acted as agent for an agency working in central Asia administered by GBC on behalf of a church member and, in that capacity:

a) received £600 (2023: £900) and paid £850 (2023: £775)

b) there were no amounts owing at the year end. At the previous year end the charity owed £250 to the central Asian charity.

It is not expected that similar arrangements will operate in 2025.

10 Tangible fixed assets

Cost
At 1 January 2024
Additions
At 31 December 2024
Accumulated depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023		 Freehold
Property
£
1,597,889
170,802
1,768,691
420,441
44,990
465,431
1,303,260
1,177,448		 Fixtures,
fittings and
equipment
£
61,697
5,133
66,831
51,994
3,691
55,685
11,146
9,703		 Total
2024
£
1,659,586
175,935
1,835,521
472,435
48,681
521,116
1,314,406
1,187,152

The cost of the Hive Project has not been depreciated during 2024 as it did not open until January 2025.

11 Stock

12

Donated goods
For distribution to beneficiaries
Debtors
Falling due within one year:
Gift aid recoverable
Other debtors
Prepayments and accrued income
Total debtors		 2024
£
12,318
12,318
2024
£
9,072
456
16,208
25,736		 2023
£
11,036
11,036
2023
£
9,603
994
15,667
26,264

21

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

13 Cash at Bank and in Hand

Cash at bank with immediate access
Notice deposits (with a term of 120 days or less)
Petty cash
itors: liabilities falling due within one year
Trade creditors
Taxation and social security
Other creditors
Accruals
Deferred income (Note 16)
Interest free loan (Note 17)
itors: amounts falling due after more than one year
Interest free loan (Note 17)		 2024
£
35,732
147,134
1,168
184,034
2024
£
2,835
-
17,005
69,000
1,000
89,840
2024
£
3,000
3,000		 2023
£
83,987
120,843
1,091
205,921
2023
£
2,784
250
17,970
69,000
1,000
91,004
2023
£
4,000
4,000

14 Creditors: liabilities falling due within one year

Creditors: amounts falling due after more than one year

15

A interest free loan was given to the church during the year. It is to be repaid in quarterly instalments from 28th March 2024. The lender is a member of the church and the loan will be repaid in full within three months of a request or the death of the lender.

16 Deferred income

Deferred income comprises the following:

Grant from
Trussell
Trust
69,000
(69,000)
69,000
69,000
Within one year
69,000
After one year
-
69,000
Balance at the beginning of the reporting period
Amount deferred in year
The income deferred at the period end will be released to income over the following periods:
Balance at the end of the reporting period
Amount released to income		 2024
£
69,000
(69,000)
69,000
69,000
69,000
-
69,000		 2023
£
69,010
(69,010)
69,000
69,000
69,000
-
69,000

The Grant from Trussell Trust is to support programmes to address the underlying causes of demand for food with clients of the foodbank. The grant is repayable if the Foodbank and its partners who help run the programme do not achieve certain targets.

22

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

17 Interest Free Loan

The liabilities for the interest free loan referred to in notes 14 and 15 fall due for repayment as follows:

Repayable:
Within one year
Between one and five years
18
Pension commitments
Summary of pension contributions payable for year:
to defined contribution pension schemes
Summary of pension liabilities at the year end:
The charity's pension liabilities at the end of the year were as follows:
in respect of defined contribution pension arrangements
The charity's pension contributions were as follows		 Otherwise
than by
instalments
-
-
-		 By
instalments
1,000
3,000
4,000		 2024
2023
£
£
1,000
1,000
3,000
4,000
4,000
5,000
2024
2023
£
£
9,264
8,768
9,264
8,768
2024
2023
£
£
244
695
244
695
Other Loans		 2024
2023
£
£
1,000
1,000
3,000
4,000
4,000
5,000
2024
2023
£
£
9,264
8,768
9,264
8,768
2024
2023
£
£
244
695
244
695
Other Loans
5,000
2023
£
8,768
8,768
2023
£
695
695

23

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

19 Foodbank Fund

dbank Fund
Income
Donations of cash and similar including to the Hive project
Donations in kind
Grants
Grants towards the Hive project
Gift aid recoverable
Investment income
Expenditure
Gifts/grants
Food distributed to beneficiaries
Recipe card project grant projects/Easter meals projects, warm hub project
Trussell Trust grant projects including salary allocated
Other direct costs including salary, storage costs and vehicle lease
Support/administrative costs
Net income /net (expenditure)
Transfers
Total movement in foodbank reserves		 2024
£
26,162
83,674
155,000
132,500
2,031
2,553
401,921
5,333
109,312
-
98,797
19,095
3,376
235,913
166,008
(163,860)
2,148		 2023
£
35,516
75,613
103,500
7,000
2,474
521
224,623
5,447
101,486
124
97,863
19,552
7,674
232,146
(7,523)
(7,807)
(15,330)

In total the Foodbank has received £132,422 (2023 £7,000) towards the Hive project including grants and specific gifts.

The costs of the project which have been capitalised in the year amounted to £154,756 and the balance has been met out of Foodbank funds. The fund has transferred £154,756 to the fixed asset fund being the full cost of the project.

24

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

20 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Fixed Assets Fund
Buildings
Children
Friday Night Project
Littlefoot
Major Events
Targeted Ministry
Youth
Youth Residential Trips
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Encouragement
Foodbank
Youth
Refugee Project
Community Sponsorship
Aggregate of funds		 Opening
balance
2024
£
1,187,152
-
-
1,050
872
-
1,595
-
-
1,190,668
73,157
1,263,825
789
61,000
1,922
1,124
6,710
71,544
1,335,369		 Incoming
resources
2024
£
899
7,353
819
3,828
562
569
4,390
348
1,480
20,247
212,327
232,573
625
401,921
-
-
4,865
407,411
639,984		 Outgoing
resources
2024
£
(48,681)
(28,179)
(1,202)
(2,265)
(198)
(448)
(2,977)
(826)
(1,770)
(86,545)
(195,409)
(281,955)
(244)
(235,913)
(864)
(1,123)
(11,601)
(249,745)
(531,700)		 Transfers
in the year
2024
£
175,036
20,826
518
(2,613)
(1,235)
(121)
(2,635)
478
290
190,543
(25,803)
164,740
-
(163,860)
(905)
-
25
(164,740)
-		 Gains and
losses
2024
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Closing
balance
2024
£
1,314,406
-
135
-
-
-
372
-
-
1,314,913
64,271
1,379,184
1,170
63,148
152
-
-
64,470
1,443,654

The transfers referred to above were made for the following reasons:

25

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

20 Funds (continued)

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Funds

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year
In the previous year the movements in the
Designated Funds
Fixed Assets Fund
Buildings
Children
Friday Night Project
Littlefoot
Major Events
Targeted Ministry
Youth
Youth Residential Trips
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Encouragement
Foodbank
Youth
Refugee Project
Community Sponsorship
Aggregate of funds		 charity's funds w
Opening
balance
2023
£
1,218,403
-
-
-
-
-
-
-
-
1,218,403
64,837
1,283,240
789
76,330
3,271
1,567
9,529
91,484
1,374,724		 ere as follows:
Incoming
resources
2023
£
900
7,003
210
3,032
1,175
1,752
4,631
153
129
18,985
225,453
244,438
-
224,623
-
-
2,469
227,091
471,529		 General
funds
£
0
-
13,677
61,841
(8,247)
(3,000)
64,271
Outgoing
resources
2023
£
(51,248)
(20,498)
(502)
(1,982)
(303)
(1,827)
(3,036)
(620)
(263)
(80,280)
(192,300)
(272,580)
-
(232,146)
(429)
(443)
(5,287)
(238,304)
(510,884)		 Designated
funds
£
1,314,406
-
3,140
274
(2,907)
-
1,314,913
Transfers
in the year
2023
£
19,097
13,495
292
-
-
75
-
467
134
33,560
(24,833)
8,727
-
(7,807)
(920)
-
-
(8,727)
-		 Restricted
funds
£
-
12,318
8,920
121,919
(78,686)
-
64,470
Gains and
losses
2023
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2024
£
1,314,406
12,318
25,736
184,034
(89,840)
(3,000)
1,443,654
Closing
balance
2023
£
1,187,152
-
-
1,050
872
-
1,595
-
-
1,190,668
73,157
1,263,825
789
61,000
1,922
1,124
6,710
71,544
1,335,369

26

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

20 Funds (continued)

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year
Creditors falling due after one year		 General
Designated
funds
funds
£
£
-
1,187,152
-
-
15,636
1,406
75,448
3,934
(13,927)
(1,824)
(4,000)
-
73,157
1,190,668
Unrestricted Funds		 Restricted
funds
£
-
11,036
9,222
126,539
(75,253)
-
71,544		 2023
£
1,187,152
11,036
26,264
205,921
(91,004)
(4,000)
General
funds
£
-
-
15,636
75,448
(13,927)
(4,000)
73,157
1,335,369
Designated Funds
Fixed Assets Fund the value of property and equipment in use and owned by the church
Buildings money designated for building development and rental income
Children funds set aside for children's work, including summer holiday clubs
Friday Night Project funds set aside for this youth project
Littlefoot funds set aside for the parent/toddler group
Major Events funds set aside for major church events, including the church weekend
Targeted Ministries funds set aside for specific ministries aimed at particular groups, such as seniors
Youth funds set aside for youth work
Youth Residential Trips funds set aside for youth residential activities
Restricted Funds
Encouragement funds given for practical help to those in need
Foodbank grant funding and other donations given for the Foodbank project
Refugee Project support given towards the first refugee family sponsored by the church
Youth grant funding received for youth work
Community Sponsorship support given towards the second refugee family sponsored by the church

The Refugee project and Community Sponsorship projects were completed in 2024.

Annually the trustees set aside some of the charity's income for grant giving to institutions and individuals who undertake activities that further the charity's own objects. It is anticipated that all of the funds designated for this purpose will be distributed in the new financial year.

27

Godmanchester Baptist Church

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

21 Operating lease commitments

The charity has an a rolling 12-month operating lease for a residential property occupied by the church's pastor and contract hire leases for a van used by the Foodbank along with other equipment. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of these leases is as follows:

effect of future rent reviews) in respect of these leases is as follows:
Within one year
Between one and five years
After five years
Payments falling due:		 2024
£
13,514
576
912
15,002		 2023
£
13,178
-
-
13,178

During the year the charity was charged £15,287 (2023: £15,278) for its operating leases.

22 Transactions with related parties

During the year the charity:

During the year the charity also made the following payments to, or for, related parties:

Except as disclosed in note 8 'Analysis of staff costs', there have been no other transactions with related parties during the year. Reimbursements for expenses incurred when acting as agent for the charity or incurred when undertaking employment duties not connected with serving as a trustee are not included in this disclosure

28

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2024

Note
INCOME AND ENDOWMENTS FROM:
Donations
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income and endowments
EXPENDITURE ON:
Charitable activities:
7
Total Expenditure
Net income/(expenditure)
Transfers between funds
20
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
20		 General
Designated
2024
2024
£
£
209,829
7,438
794
3,608
138
2,268
1,566
6,933
212,327
20,247
195,409
86,545
195,409
86,545
16,917
(66,298)
(25,803)
190,543
(8,886)
124,245
73,157
1,190,668
64,271
1,314,913
Unrestricted funds		 Restricted
2024
£
404,857
-
-
2,554
407,411
249,745
249,745
157,666
(164,740)
(7,074)
71,544
64,470		 Total
2024
£
622,124
4,402
2,406
11,052
639,985
531,700
531,700
108,285
-
108,285
1,335,369
1,443,654		 General
Designated
2023
2023
£
£
223,197
7,562
1,370
3,671
196
1,852
691
5,901
225,453
18,985
192,300
80,280
192,300
80,280
33,153
(61,295)
(24,833)
33,560
8,320
(27,735)
64,837
1,218,403
73,157
1,190,668
Unrestricted funds		 Restricted
2023
£
226,571
-
-
521
227,091
238,304
238,304
(11,213)
(8,727)
(19,940)
91,484
71,544		 Total
2023
£
457,329
5,040
2,048
7,112
471,529
510,884
510,884
(39,355)
-
(39,355)
1,374,724
1,335,369

29