Welton Baptist Church CIO
WELTONBAPTISTCHURCH
Trustees Report and Financial Statements
for the year ended
31 March 2024
Charlty Registration No.
1188181

Welton Baptist Church CIO
Trustees Report and Financial Statements
Contents
Page
Report of the Irtjslees
Statement ol financial activities
Balance sheet
Notes to the accounls
8-12
Indeptrndenl examinerfs Report
13

Welton Baptisl Church CIO
Charity number: 1188181
Trustees report
For the period ended 31 March 2024
The trustees prosent their report and financial slalements for the peri￿J ended 31 March 2024.
The principal office of Welton Baptist Church is at Welton Baptisl Church, Wesl Road, Wellon,
Midsomer Norton, Radslock. BA3 2TP.
Welton Baptist Church is a Charitable Incorporated Organisab"on registered with the Charity
Commission. No 1188181.
We are a member of the West of England Baptist Network which in tum is a member ol the Baptist
Union of Great Briiain.
The Iruslees of the charity during the year are..
Mall Hebdilch
Mall Coomes
David Kingswood
Linda Munro
Chris Bennett
Michael Blowers
Jonathan Cooper
Scotl Williamson- appointed 10.10.24
Clare Green
Jeremy Bedrock
Sally Pelit- appointed 03.10.23
The Church leadership are responsible for the day lo day runnirhg and organi5alion of the church during
the year were as follows=
Team Leader
Matthew Hebditch
Co Leader
Malhew Coomes
Elders
David Kingswood
Linda Munro
Chris Bennell
Scoll Williamson
Clare Green
Jeremy Bedrock
Jonathan Cooper (Advice Elder)
Michael Blowers IAdvice Elder)

Welton Baplist Church CIO
Charity number: 1188181
Trustees report
For the period ended 31 March 2024
Trustees report (continued)
Other organisalions or persons sKJnificanl lo the affairs of the church were as lollows..
Bank- The Co-opera14ve Bank plc. PO Box 250. Skelmersdale. WN8 6
Independent Examiner- Marco Martin FCCA CTA- The Waldron Partnership Ltd, 30 Circus
Mews, 8ath. BA1 2PW
Structure, governance and management
The church. which is a charilable incorporated OTganis8tion. is run under a formally adopted. written
constitution which sets oul in detail Ihe requiremenls ol church membership. logelher with Ihe
appoinlrnenl andlor election process for minislers. officers of the church, paid employees and
trustees. In addition. the constitulion detsils the formal of meets.ngs and formal voting arrangements
in regard lo church decision making.
The church employs a full lime Team Leader and a full lime Co Leader. Thè ¢hur¢h also employs a
part-lime Minister in Training and a part lime ¥dminislr8lor. The church has a leadership team
comprisingof Elders & Advice Elders, who are primarily iesponsible for assisting the Team Leaders
in the spirilual direction and aims of the church as well as financial matters associated with the
church. The appoinlment of Elders is made on a fomial voting basis at a church meeting by the
entire membership as laid down in Ihe ¢onslilulion. The selection of Trustees is defin￿ wilhin Ihe
conslilulion and comprises of the Pastor (Team Leaderl. two chuich officers (Treasurer and
Se¢retaryl together with the appointed Elders. Each Trustee is approved and elected by the church
membership.

Welton Baptist Church CIO
Charity number- 1188181
Trustees report
For the period ended 31 March 2024
Trustees report (¢ontinued)
Objectives and Activities
Purpose
The primary long lemi slralegy and objecltve of the church is lo pllimole the Chrislian message,
and specifically the leaching of the truth of the 8ible ar)d of Jesus Christ, within the communities of
Midsomer Norton, Radstock, Paullon and surrounding areas. togelher wtth sUppO￿n9 the wider
Christian church within the UK and overseas.
This has been achieved by the ptovision of weekly church services. held al a Paullon Rovers
Football Club and the running of mid-week house groups and other regular weekly activities lor all
ages.
The church operates a diverse range of youth work. running mid-week groups and a range of
Sunday s¢hool Classes. held in conjunction wilh the weekly church SerVi￿s, for children from 5-14
years of age. The church also has a varied social aclivity programme which is used lo achieve its
objective and runs a number of events Ihroughoul Ihe year.
The church also has an active inleresl in promoling the Chfistian message in other parts of the UK
and overseas. Several of the membership are currenlly working for oveiseas Christian agencies or
directly representing the chur¢h and are involved in a variety of aclNitses to support this aim. This
"rnission- funding lo charitable actlvities also inGludes such work as mission oulreach in the local
communities and lo membeis on mission overseas. long an¢J short lemi. which require financial
support. There is also an Elders discretionary fund which is also for people within the church who
the leadership consider require support of the church. This list is reviewed and updated on a
cyclical basis and changes agreed by the church meeting upon recommendations of the
leadeiship.
The ¢hur¢h summarises its objectives in Ihe"Wision Slalemenl". a document issued by the
leadership, which Govers the key aspecis of Ihe chui¢h's -raison d'elre. and is designed as a daily,
individual and corpoiale guide lo focus chucch members u￿n the short lerm aims of (he church to
enable the longe¥ leim objectives be achieved. All members have access lo this document which is
based upon Biblical principles and in conjunction with the Bible forms a key element of the church's
leaching.
Achievements and performance
Our annual membership review meant thal a number of people ¢eased their Tllembership whilst
others transferred their membership eiiher because they had wnoved away from the area or in order
lo worship al anolher local church.

Welton Baptist Church CIO
Charity number: 1188181
Trustees report
For the period ended 31 March 2024
Trustees report (continued)
Financial review
The funds of the church are donated almost exclusively by the members of the church itself. No
specffic activities are undertaken lo raise funds and a point is made al all events where a ¢olle¢lion
ts taken lo poinl oul thal Ihere is no expectation upon non-tnembers lo ¢onlribule. Donation of
funds are considered an act of worship.
Dvring the year a surplus of £126,514 {2023- £106.775} was achieved. Tolal incoming
resources were £339,601 12023 - £304,487) vthth was made up of donations and special gifts
towards our chapel renovation fund. We were also successful in securing a granl of £25.IX)O
from Garfield Weston towards the provision ol dssabled faalrties arml redU￿d energy costs within
cw chapel renovation pr<¥ecl. Total expendilure was £213.087 {2023 - £197.712}.
Our Chapel ￿n0VationS conlinued during this financial year bul work commenced in eamest
on 1st May 2024 and are due to be compleled by the end of NoveTnber 2024.
Al 31 March 2024 the Charity had general unrestricted reserves of£290.512 {2023- £310,760) and
restricted building fund reserves of £288.10612023 - £141.3441.
Reserve5 poIi¢y
The only funds which hold si9nificanl balan￿S al both the beginning and end of Ihe year are the
General fund and Buildir)g fund. The Building fund is a reslricled fund and therefore expenditure of
the funds built up depends on appropTiate a¢knvities. The current situation does not preclude the
future possibility of building up designaled funds for any specific purpose considered lo be within the
church's ¢haritable objecls. No funds were materially in defiGil al any time in the year.
Funds Held as Custodian Trustee on Behalf of Others
The church building, the Chapel at West Road. is held by Wellon Baptist Church as cu51¢xli8n
Iruslee on behalf ol ihe Wesl of England Baptist Network IWEBNETI. The ownership of the
building by WEBNET and ils use by Wellon Baplist Church is directly within the charitable objects
of both organisations in the provision of a pla￿ of worship. Ml significant changes lo the building
musl be approved by WE8NET in addition to any local authority planning and listed building
¢onsent.

Welton Baptist Chur¢h CIO
Charity number- 1188181
Trustees report
For the period ended 31 March 2024
Trustees report (continued)
Statement of trustees. responsibilities
The Iruslees are responsible for preparing the TmstÈes' Report and the financial siatements in
accordance with applicable law and United Kingdom A¢¢ountiftg Standards Iunited Kingdom
Generally Accepted Accounting Practice). Thè law appli¢Able to charities in England and Wales
requires Ihe trustees to prepare financial statèmènts for each financial year which give a irue and
fair view of the stale of affairs ol Ihe ¢harity and of the in¢oming resources and application of
resources of the charity Ihal year. In preparing these financial statements. the truslees are
required lo..
- select suiiable a¢counling policies then appty them consislenUy-
- observe the methods and piinciples in the Charities SORP..
make judgements and estimates that are reasonable and prudenl..
slate whether applicable a¢¢ounting stsndards have been followed, sUt4.￿L to any material
departures disclosed and explained in the financial stalemenls.. and
prepare the financial statements on ihe going concem basis unless il is inappropriate lo presume
that the Charity wll conb.nue in operation.
The Irustees are responsible for keeping suffi¢ienl a¢¢ounting re¢ords that disclose with reasonable
accuracy al any lime the financial position of the charity and enable them lo ensure that the financial
statements comply wilh the Charities Act 2011, Ihe Charity IA¢¢ounts and Reports) Regulations
2008 and the provisions of the conslilulion. They are also responsible for safeguarding the assets of
the charily and hence for taking reasonable steps for Ihe prevention and dele¢tion of Iraud and
other irregularities.
The finallcial statements have been prepared in accordance wilh the accounting policies sel out in
note 1 to Ihe financial statements and comply wilh the charity's goveming document. the Charilies
Act 2011 and "Accounting and Reporting by Charities.. Slalemenl of recommended Practice
applicable lo charilies PTeparing IheiT a¢counts in a¢¢ordan¢e wlh Ihe Financial Reporting Siandard
applicable in the UK and Republic of Ireland IFRS 102} {effectbve 1 January 20191"
Approved by the board of trustees on:
and signed on ils behaff by..
Truslee

Welton Baptist Church CIO
statement of Financial Activities
for Iho year &nded 31 March 2024
Unrestricted Restricted
Funds
Funds
Total for
Yearended
31 March
2023
Note
year
2024
2024
2024
Income and endowments from:
Oonalions and legacies
Chapel proje¢l fund
Grants awarded - chapel
Inveslmenl in¢ome
Other income
192.155
192,155
105.778
25,000
181,268
107,634
105.778
25.000
16.668
16.668
15,583
Total incoming re$our¢e$
208.823
130.778
339 601
Exp•ndltur8 on:
Charitable aclivilies
Chapel renovations
Governance costs
192.830
192,830
19,657
600
197,172
540
19.657
600
Total resources expended
193430
197 712
Net {outgoing}lin¢omlng rèsources
15.393
111,121
126,514
106.775
Reconciliation of funds
Total funds brought fon¥ard
310.760
141,344
452,104
452,104
Tf8nsfer between funds
Total funds carried forward
326.153 252,465
578.618
452,1 Q4
The slaltmeni of finan¢k81 adNities i￿v￿8$ ¥1 g¥yi$ and h)ss8s tecowised in the p￿￿￿.
l inethne and Èxpenditurè denv? frcm ¢￿tIn￿￿$ a¢iwitie

Welton Baptist Church CIO
Balance sheet
as at 31 March 2024
31-Mar
2024
31-Mar
2023
Note
Fixed assets
Tangible assets
10,269
13.676
Current assets
Debtors and prepayments
Cash al bank and in hand
24.381
552 235
576.616
24,113
424 369
448.482
Creditors- amounts falling due
within one year
(8.267)
110.054)
Net current assats
568,349
438,428
Total as$èt$ less current
liabilities
578.618
452,104
Net assets
578 618
452 104
Funds
Unrestricted Funds
ReslriGled building fur￿$
Rtsslricled Chapel funds
10
290,512
14,054
274,052
310,760
33,711
107.633
Total funds
578 618
452 104
The notes on pages 8 10 12 form an integral part of these accounts.
These financial slalemenls were approved by the Trustees on..
Signed. on behalf of the Truslees
Chris Bennètt. Trèasurèr
Sally Petlt. Secretary

Welton Baptist Church CIO
Notes to th¢ A¢¢ounts
For the year ended 31 March 2024
Princlpal a¢¢ountlng policie5
Wellon Baptist Church CIO is a Chawilable Incorporaled Organisalion.
The principal a¢¢ounling policies adopted in the preparation of the fillan￿al stalemenis are set out
below..
Basis of preparation
The financial statements have been prepared in accordan￿ wlh the ch8riVs governing document, the
Charities Act 2011 and Accounting and Reporting By Charities.. Stalemenl of Recommended Pra¢ti¢e
applicable lo charities p￿paring their accounls in accordance wilh the Financial Reporting Slandaid
applicable in the UK and Republic ol Irelarhd {FRS102} (effective 1 January 2019}. The charity is a
Public Benefit Entity as defined by FRS102.
The charity has taken advantage ol the provisions in the SORP for charities applying FRS 102 Update
Bulletin 1 not to p￿pa￿ a Slalemenl of Cash Flows.
The financial slalemenls are prepared in sterling, which is the functional currency of the charity.
Monelary amounts in Ihese financial statements are rounded to the neare51 £.
The financial slalemenls have been prepared under Ihe hislorical cost convention and on a going
concern basis. They do not include accounts of church groups thal owe their main affiliation lo another
body nor those Ihal are informal gatherings of Church members. The principal accounting policies
adopted are sel out below.
FundA¢eounting
Unreslricled funds- are general funds available for use al the Leadership's discretion to further the
general objectives of the Church and which have not been designaled for spe¢ifi¢ purposes.
Reslricled building funds are hislorical reslricled funds collected l¢)wards a new building. As plans
have developed towards our chapel renovaiion proje¢t, it was agreed that these funds could be used
towards ongoing costs.
Restricted chapel funds- are funds Ihal can only be use(1 in a¢corLlance with specAfic restrictions
imposed by donors or which have been raised for particular restn.cled purposes wilhin the objects of
the Church. 11 was agreed Ihal al the end of the chapel projecl. any amounts lefl in Ihe fund would
be transferred lo the unreslricled lund and used lor general church purfx)ses.
Incoming Resources
l incoming resources are accounled for as receivable.
The majority of incoming resources are through direct bank deposits in the fomi of lithes and offerings.
Additional gifts have been received towards our chapel renovation plans.
Income lax recoverable on gifts from donors is re¢ognised on receipt of the related 9rft.
The value of seNices provided by volurileers has nol been induded in these accounts.
Investmenl in¢ome is included when receivable.
Incoming resources from Charitable trading activity are accounled lor when eamed.
Incoming resources from grants. where related lo perfo￿anCe arKJ specific deliverables, a￿ accounled
for as the charity eams the righl lo consideration by ils performance.

Welton Baptist Church CIO
Notes to the Accounts
For the year ended 31 March 2024
Resources expended
Expenditure is included on an accruals basr$ and is recognised when there is a legal or consiructive
obligation lo pay for expendilure. All costs have been directly attributable to one of the functional
categories of resources used in the SOFA. The Church 15 not registered for VAT and accordingly
expenditure is shown gross of irrecoverable VAT.
This represents direct oxpendiluie on the govemance of Ihe church. Most of the management is carried
out wilhoul charge by volunleers. This intangible cost is not induded in the Sialement ol Finan¢ial
Activilies Sin￿ there is no measurable cost of the volunteers for their service.
All costs are allocatèd between the expenditure calegories ofthe SOFA on a basis designed to reflect
the use of the resource. Cosls lelating to a parti¢ulai a¢tivtiy are allocated diredly. others are
apportioned on an appropriate basis.
Fixed assets
Tangible fixed assets cosling more than £500 (for a single ilem or group of simi18r ilerTTrS and
induding acquisition expenses) are capilalised at cosl.
Fixed assets are depie¢ialed al the following rates irb order to write them off over their useful lives..
Computers
Equipment
33% on cost
20Yo on cost
Cash and cash equivalents
Cash and cash equivalents indude cash in hand. deposits held al call wilh banks. other short-lemi
liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts
are shown wilhin borrowings in ¢urrent liabilities.
Total for Year to 315t
yaar
Mar¢h 2023
2 Donatlons and lega¢ies
Unrestricted
Restricted
Nel gilts made under gift aid
Gift aid reclaimed
Gifts received gross
Cash offerings
Other gifts- chapel project
Grants- for disabled facilities
136.155
35.407
19.050
1.543
136,155
50,753
19.050
1,543
90,432
25,000
322,933
130,266
43,240
18,401
1,580
95,415
15.346
90,432
25,000
130,778
192.155
288.902
Total for Year to 31$t
year
March 2023
3 Investmtnt In¢ome
Unrestrlcted
Restrict&d
Bank interest received

Welton Baptist Church CIO
Notes to the Accounts
For the year ended 31 March 2024
Unrestricted
Restricted
31.03.24 31.03.23
4 Othor In¢¢me
WEBNET Grant
3P Gift
7,810
8,857
7.810
8.857
7,199
8.383
S Re$our¢¢$ expended
31.03.24
31.03.23
Unrestricted
Restricted
Charitable activities
Church tnanagemenl & administratM)n
Fellowship activities
Mission- home & overseas
Premises and equipment
Chapel project
115.179
28,192
30.167
19,292
115.479
109,195
28.192
38.937
30.167
28,600
19.292
16,290
19,657
4,150
212,487 197.172
19.657
19,657
192.830
Govemance costs
31.03.24
31.03.23
Unrestricted
Restricted
Independent Examinei fee
540
600
600
540
31.03.24
6 Staff ¢05ts and expenses
31.03.23
Gross salaries and EmployeT NIC
Employee expenses
Pension
Training
105.160
1,722
10,318
2,166
89,522
1,841
10.072
1.690
119366
103 125
Employee infomiation
Average number of employees
No employetrs re￿iVed remuneration exceeding £60.0￿.
Tho Chur¢h pays Baptist per)sion contribulions for its 2 paid leaders to a pension fund. The pension
funds are defined contribution schemes and are not related in any way to the church.
10

Welton Baptist Church CIO
Notes to the A¢¢ounts
For the year ended 31 March 2024
7 Tangible fixed assets
Computers Equlpmènt
Co$t
At 1 April 2023
AddilionslDisposals
7.462
51,908
319
59.370
319
Al 31 March 2024
7.462
52,227
Depreciation
At 1 Apri12023
Charge for the pertod
Al 31 March 2024
6,911
540
38,783
45.694
3.726
7,451
41,969
Net book value
At 31 March 2024
10,259
At 31 March 2023
551
13.125
8 Debtors
31.03.24
31.03.23
Gift aid recoverable
Prepayments
15,847
15.586
9 Creditors: amounts falling due within one year
31.03.24
31.03.23
Other credilors and accruals
10 Movement in fund$
At Received in
01.04.23
year
utilised in
year
Balance
transfers
31.03.24
Unrestricted funds
General fund
Total unrestricted funds
310 760
310 760
208 823
208 823
{193.4301
{193,4301
326 153
326 153
Restricted funds
Building fund
141.344
130.778
{19.6571
252.465
Total restricted funds
141 344
130 778
19,657
252,465
Total funds
452,104
339.601
1213,0871
578,618

Welton Baptist Church CIO
Notes to the Accounts
For the year ended 31 March 2024
11 Analysls of net assets bolween funds
Unrestrlcted
funds
Restrictedl
Designated
funds
Total 2024
Fixed assets
Current assets
10,269
315,884
10,269
568,349
252.465
326.153
252.465
578,618
12 Related party transactions
The custodian Trustee of the church is the Baplist Union Cowjralion Limited. charity number 249635.
which is conlrolled by the Baplisl Union Council. The church is a member ol Wesl of England Baplisl
Association.
In accordance with the charity's goveming documents. the paslor. Matthew Hebdilch. is a trustee of the
charily. Matthew Coomes is employed by the church as a Co-Leader and also acts as an Elder and as
laid down in the constilulion, is also a trustee of the Charily. Sally Pelil is employed by the church as
an Adminislralor. They are also therefore remunerated by the charity.
There were no related party Iransaclions (luring the period.
12

Welton Baptlst Church CIO
Charlty number:
11B8181
Independent examSr7er's report to the tmstees of Welton Bapt15t Church CIO
I report on lh8 accounts ol Wèllon 88Ptist Churth CIO for the periocl end8d 31 March 202J.
which are $gt out on pages 1 to 12.
Respectlv• r¥sponsibilities of trusts•$ and examlner
The charity's Iruslees are responsible for the preparation ol the accounts. The Ghar¢ty's trustees
onsidei Ihal an audit is not required for U)is year under section 144121 of the Charities Act 2011
Ilhe 2011 Act) and that an independent examination is needed.
It is my responsibility lo:
al examine the accoLFnts under seclion 145 of th6 2011 Act..
bl lo follow the procedures laKI down in Ihe gen6ial DI[￿￿On$ given by the commission undtrr
section 14515llb) ol the 2011 Act.. and
cl to state whether parb"Gular maiters have come lo my attenl*)n.
Basis of Indèpendent exam5nerf$ report
My examination was carried out in accordance with the genwal DitectK)ns given by the Charity
Cornmission. An examination Includes a review of Ihè accounting re¢￿d$ kept by the charity
nd a cornparison ol the accounts presenled with ihosè records. It also includes consideration of
any unusual items or disclosures in the accounts. and seeking explanations from you as
Iru51ee5 concemirrfJ any such mallers. The procedures undertaken do not provide all the
evidence that would be required In an audit and consequently no opinion Is glven as lo whether
Ihe accounts present a'true and tsirview. and the rèport is limiled lo those maliers set oul in th8
next statement.
Indepgndent examlner's statemènt
In connection with my axaminab"on, no maller has come to my attention:
111 whl¢h gives me rgasonable cause to bglieve that in any malarlal resped the requ1￿MentS.
al lo keep accovnling records in 8Gcor(lance with sèction 130 of th6 2011 Act,. and
bl lo prepare accounts which accord with the accounting records and comply with the
accounting requ1￿mentS of the 2011 Acl have not been mel.. or
121 lo which. in my oplnlon, 8ttenbon Sh￿k1 be drawn in order lo enable a proper understandlng
of the aceounls lo be reached.
Dale..
OLI. IZOLS
Signed..
MarGO Martin FCCA CTA
13