Charity Registration Number= 1189299 Broadstone Baptist Church Annual Report and Unaudited Financial Statements For the Year Ended 31 December 2024 Bf20ADSTON E -BAPTIST CHURCH Deliohling In God. lo Ihe glory ol Goé. lortho Good of oll people
Broadstone Baptist Church Annual Report and Financial Statements Contents Page Trustees, report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the financial statements
BROADSTONE BAPTIST CHURCH ort of the Trustees for the ear ended 31 December 2024 The Trustees present their Annual Report and Financial Statements for the year ended 31 December 2024. Oblectlves and Actlvltles The principal purposes of the Charity a.. The advancement of the Christian fatth in ac(x)rdance with our Basis of Faith, primarily bul not exclusively within Broadslone and the surrounding area. Such other charitsble purposes as shall put into practice the Christian faith, induding but not limited lo.. the prevention and relief Df need, hardship and sickness., the advancement of education,. and the provision of facilities in the interests of social welfare for recreation or other leisure time oc¢up2tion of individuals who have need of such facilities by reason of their yOLJth, age Infirmity or disability, financial hardship or social circumstsnces with the object of improving their conditions of life. Main Activitias, Achievamènts and Pèrformanco DLJring the year the Trustees have had regard to the Charity Commission's guidan on public benefit in managing the activities of the charity. 2024 was another year of consolidation and growlh, with many blessings from God. Our Pastor's New Year message was lo cultivate a heart of thankfulness that ovefflow5 into our worship, prayer and servi. based on Colossians 3..15 And be thankful. Looking back over the events of last year, we have so much to be thankful to God for. Th8re w8rg ning now members welcomed in during the year, with ttvo d8aths and one person transferring their membership, giving a nett increase of six lo eighty two in membership al year end. There continued lo be increased levels of attendance during the year, particularly at rnoming services, including young adults and families with young children. We were privileged to witness three baptisms in June, all young adults, when a good number of friends and family of the candidates heard leslimonies of God working in their lives and the gospel preached. We continued to be blessed by God financially. Due to the generosity of His people, our general giving for the year to 31 st December 2024 increased over that for the previous year. With the substantial legacy received al the end of 2023, the church is in a very sound position financially. 20Ql¢ of the legacy was sel aside for the Mission Fund in aGcordanGe with our policy on mission giving, some will be sel aside for the church plant in Blandford Sl Mary, and we continue to seek the Lord for wisdom and guidan for the balan. Additionally, total payments of £1,579 were paid to those in specific need from the Pastoral Hardship Fund during the year. In August one of our supported mission workers relired and another left their ministry for secular employment, so the Mission Council selected two addilional couples for lh& church to supporl both financially and prayerfully from September. One family are serving in Japan and the olhei couple in Madagascai. Thus we have been able lo continue to SUPFX)rt seven sets of missionaries. including one family as Iheir'sending church" and the others as a "supporting church" Four families and two couples are now based overseas, whilst one individual is based in the UK. The level of financial support was maintained at the same rates as 2023, and a personal Christmas gift was made lo all our missionaries. In addition. total payments of £15,922 were made in the year lo wver wnissionaries, expenses or to other mission organisalions. Further payments of £7,861 were made lo the village dwelling fund for our sent family during the year. The balance in the Mission Fund al year end stood at £35,513. Other payments to mission organisations were made by the Ladies. Fellowship. During the year, we were able lo have fellowship with five sets of our supported missionaries either in person or by Z(K)m and video link, mainly during our"More on Mission weeks in April and November. which Contrated on our own missionaries and their organisations. The theme in November was'suffering for the gospel. from 2 Timothy
BROADSTONE BAPTIST CHURCH ort of Ihe Trustees for the ear ended 31 December 2024 continued The regular preaching ministry of the Church continued to be gospel-based, and both encouraging and challènging. A series from Habakkuk was followed by another enlilled "Praying lor our church" The other main series during the year was "Guarding the deposlt" from 1 Timothy. and there was also a short serie5 from Ruth. During Sunday evenings"God's Big Picture" was shown, a Bible overview course in nine videos, which led to some lively discussions. The majority of the preaching was carried out by the Pastor and Assistant Pastor, but we are also privileged to be blessed with a good number of those in our f&llowship or Connected to the Church who are able to faithfully minisl&r God's Word to supplement this. In January we held our annual Week of Prayer, praying al different limes each day for our many different Church activities. This included a Day of Prayer on the Tuesday, when people signed up on a prayer clock to pray in 15 minute slols from 7.00 am lo 7.00 pm, after which we mel together lo share around the Lord's Table. The initiative of the Elders to pledge to pray between us for all those within our fellowship every week was faithfully continued and has been a source of much blessing, not just to those who have requested prayer bul also to the Elders. We are privileged to have been able to lift the needs of so many lo the Lord, giving thanks to Him that so rnany requests have been answered. The church was mLJch in prayer during the year about a potential church plant tr> Blandford Sl Mary. With a number of other ¢hur¢hes interested in supporting the vision. doors opening and prayers being answered, il was unanimously agreed at the Ghurch members, meeting in Seplernber that we would actlvely pursue the church plant, releasing our Assistant Pastor to spend time and resources on it. We again hosted the FIEC local conference in March, and six delegates were able to attend the FIEC Annual Conference in Blackpool in November. We were pleased lo continue fellowship with Grace Church, who now meet in Central Hall. Corfe Mullen, occasionally meeting with them forjoinl prayer meetings. Our mid-week Tuesday evenings of allemale Prayer Meetings and Home Groups continued. Men's and Ladies, breakfasts l(x)k place on alternate rnonths, and the Men's Ministry was re-started by looking at"Disciplines of a Godly Man The Ladies, Fellowship conlinued to meet each week with a wide range of speakers both from the church and outside, usually from various mission organisations. We sought lo a¢h out into the ¢ommunily more. which included Lunch Bunch for Seniors,. taking monthly Sunday servi5 at The Potteries Care Home., Defibrillator training,. visits to Broad5tone First and Middle Schools,. and Christmas activities. The collection of food and other items for Faithworks Wirnbome FcK)dbank continued, and dDnations of Christmas shoeboxes for the House of Opportunity in Easlem Europe were again made. Our Assistant Pastor successfully completed his third year studies al Crosslands and in September started a one year Master's degree, in addition to his Church duties. During February half term, he and a team of helpers ran a Holiday Bible Club whose theme was "Deep Sea Divers for Reception to Year 4 children. This was well att&nd8d by both Church families and non-church children, and hsd s very g¢x)d number of helpers from the fellowship. He again assisted in leading a children's camp in Sherborne in the surllmer with four participants from the Church. In July, we appointed for ihe firsl time a further full-time staff member as Trainee Youth and Children's Worker, wkj started training at Lansdowne Church's School for Discipleship in Septèmber. She look over leadership of SLJnday School and BBC Kids on Fridays after school, and organised a light party for 31st October. Our Christmas activities also sought to reach out into the Cornmunity, and included a gingerbread house evening, carol singing on the Broadway and in Costa, an all-age Christmas celebration and carols by candlelight as well as OLJr short Christmas Day celebration servi. Inviiation cards were printed and distributed locally 2nd to friends, contsining d&tsils of the èvents with a gospel message on the back. We also enjoy&d a Christmas Celebration fellowship meal at a local hotel, which was well attended and has been booked again for next year. Pag82
BROADSTONE BAPTIST CHURCH ort of Ihe Trustees for the ear ended 31 December 2024 continued In summary, 2024 was a year in which we could give thanks to God, particularly for more ways of reaching out with the gospel to the local community, and for the wide-ranging activities for members to be involved in and be discipled by. With God's grace we have achieved much in Ihe strength Ihal only He can provide. We remain extremely grateful lo God for His provision lo us in so many way5, particularly financially. and we look lo Him for spiritual growth as we continue lo step out in faith with new opportunities for ministry, including the church plant. We have much to look forward to for 2025 as we remain true to His calling. Policy on Reserves The Trustees will consider the level of reserves that is prudent for the Church to have when agreeing the annual budget. This has been revised during this financial year and is currenuy sel al £35,000 for the general fund. Consideration will be given lo future strategy, potential redundancy liabilities, and any other significant factors that should be taken into account were the Church to close or move lo new premises. The charitys current reserves position is as follows.. The total funds held by the charity al 31 Dember 2024 are £2,240,978 (2023 £2,266,033) The totsl funds includes £43,503 in restricted funds12023- £50,936) Within the lolal funds there 15 £1,994,76512023 £1,991,765) which could only be realised by selling the fixed assets held by the charity. Two reslricled funds are held by the church in relation lo donations for missionary work, one for donations lo any of our missionaries and another one to support the family to which we are the "sending church" These funds are held in the genèr81 account and any specific donalions are passed onto the beneficiaries within one month I three months of receipt respectively. This payment is rnade along wrf(h any gift aid money attached to that donation and a gift aid claim is made as Soon as the income is received. A restricted fund is also held for those in need of urgent financial assistan in the fellowship or connected lo it. These funds are held in the general accDunl. A new reslricled fund has been sel up during the year lor those wishing lo support Ihe worf( of the new church plant which is due to go ahead in September 2025. These funds are also held in the general a¢¢ount. Golng Concern Al the lime of approving the financial stslements the trustees have a reasonable expectation that the support of the Church's bankers and Church congregation will ensure that the Church has adequate resource to Continue in operab.onal existence for the foieseeable future. Pag85
BROADSTONE BAPTIST CHURCH ort of Ihe Trustees for the ear ended 31 December 2024 continued structure Governance and Management Legal structure of the charity The church is a Charitable Incorporated Organisabon, which was registered with the Charity Commission in England & Wales on 1 May 2020. The governing document is a written conslilulion dated 1 December 2019. The methods used to recruit and appoint new charity trustees. The Trustees are those that hold the Church Offices identified in Section 12.4 of the Constitution (Pastors, Elders, Deacons, Church Secretary and Church Finan Officer lor Treasurer}l. New PastorslElders should be identified by the current Eldership and presented to the Church for their affimalion. Elders and Pastois will require a 75010 majority of the members present and voting al a Church Business Meeting in order to be appointed. Any Church member may suggest to the Elders the name of a mermber for election by the Church as a Deacon. The Elders Mrill consider all suggestions, including those made by themselves, before obtsining the approval of the candidates for their names lo be put forward. The Elders will then formally propose the candidates to the Church Business Meeting, giving whatever advi they deem appropriate. Voting will lake place by secret ballot for each candidate. Al candidates receiving 66'/o of the votes of the members present and voting will be elected. Reference and Administrative Details Legal name of the Charity Registered charity number Charitys Principal address Broadstone B8Ptist Church 1189299 43 York Road Broadstone Dorset BH188EW Trustaes The trustees who served during the year until the date this report was signed were as follows.. Timothy Gamston Steven Driver (retired 18th Seplernber 20241 Clive Baines Stephen Pettifer Brian Rawlings Rodney Burge John Phenix David Turner Helen Phenix Bankers CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME194JQ Solicitors Edward Connor Sdicilors, 10 The Point, Market Harborough, LE16 7QU Pag84
8ROADSTONE 8APTIST CHURCH ort of the Trustees for the ear •nd¢d 31 December 2024 continued Risk Managomènt The trustees have assessed the major risk8 to whi¢h the charity is exposed. and are satisfied that systems are in place lo mrtigate exposu to the major risks. The charity has developed fin8n¢ial procèdures with a view lo mitigating those risks, operating a planning and budgeting system with an annual budget approved by Ihe board of trustees. A financial reporting system monitors the income and expenditure of the charity against the budgèt on a monthly basis. Risk assessments are undertaken and documented for the major church activrties. Investment Poll Aside from retaining a prudent amount in resee5 each year most of the Charty's funds are to be spent in the short term. Funds are therefore invested in dgposits I funds which are acSIble within three months. The Iruslees declare that they have approved the Iruslees, report above. Signed on behall of the charitls trustees on 11th June 2025 Timothy Gamston PgW5
BROADSTONE BAPTIST CHURCH Ind8 ndent Examlnerfs Ro Report to the Iruslees of Broadstone Bapti8t Church {chanty number 11892991 on the accounts for the year ended 31 Decomber 2024. I report to the truslees on my 8xaminatv)n of the accounts of the above charity for the year end1 31 December 2024. Rospon8lbllltlo8 and ba818 of report As the Iru8tees of the charty. you are responsible for the preparation of the aCUnIS in accordance with the requirements of tho Charities Act 2011 {Ihe Art'i. I report in respect of my examination of tha Charity's accounts carried out urjdor section 145 of the 2011 A¢t and in ng out my examination. I have foll¢)wed the applicable Directions given by the Charty Commission under section 14515llb) of the Act. Indepondfjnt gxamlngtr$ statomenl I have compbeted my examinalion. I confirm that no material maitars h8 corn to my atterrtion in connaction vAth the examination which gives me cause lo believe that in. any material ¥e8pect'. accounting re¢ord$ were not kept in accordance wrth secti¢)n 130 of the Charilies Act,. or the accoLtnts did not 8¢cord wf(h the 8ccounling records,. or the acLounts did not compty wlh the applicable requir9menls concerning the form and Contont of accounts set out in the charib.es (Accounts and Reports) Regulations other than any requirement that the accounts give 8 Irue and fairf view which is not a matter Conside as part of an Independ examination. I have no concerns and have come acr088 no other matters in connection with the examination to which 8ttents.on shouhd be drawn in order lo enab a prcperty undgrslanding of accounts to be reached. Signed: Date: 4 kn 202 Chcistopher Fairhall FCCA Association of Chartered Certffied Accounlanls Newton Magus Arrowsmrth Court Station Approach Broadslone Dorset BH188AT Py8
BROADSTONE BAPTIST CHURCH Statement of Financial Activities For the ear ended 31 December 2024 Unr8strict&d R•strict#d Funds Funds 2024 2023 Notes Income and Endowments from: Donations and legacies Charitsble activities Investments 145,632 1,475 22,747 169,854 13,369 159,001 1,475 22,747 183,223 368.905 434 15,622 384.961 Total income 13,369 Ex enditure on: Charitable activities 182,916 25,362 208,278 168.888 Total resources expended Net income I (expenditure) Transfers beeen Funds 182,916 113,062} 14,5601 25,362 208,278 168.888 111,9931 4,560 (25,055} 216,073 Gains and losses on revaluation of fixed assets for the charity's own use Nel income afler transfers I movement in funds 114.109 117,622} 2,215,097 17,4331 50,936 (25,055} 2,266,033 330,182 Fund balances brought forward 1,935,851 Fund balances carried forward 2.197,475 43,503 2.240,978 2,266.033 The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing aclivilies. PAgE 7
BROADSTONE BAPTIST CHURCH Balance Sheet As at 31 December 2024 2024 2023 Tangible 888el8 Investments 1,567,765 427,000 1.994.765 1,564,745 427,000 1,991,745 Total fixod assots Current as80ts Debtors 24.302 257.102 19.889 279.546 Cash at bank and in hand Total currnnt assgts Croditors: amounts falling du• within on• 281,404 299,435 ,591 3,547 Net current asytts 273.813 295,88B Net ets 2,266,578 2,287,633 Provisions liabiliti 10 127.6001 121,6001 Totsl nBtas58ts or IlablllilB¥ 2,266 033 Funds of the charbty Restricted funds Unrestricted Funds Revaluation Reserve 43,503 2.018,3e6 179,109 50,938 2,035,988 179,109 Total funds 2 240 978 2 266 033 Tlmothy Garn8ton Tru8t•• Signed on behaff ofthe Boaftl of TN8tees on 11 June 2025
BROADSTONE BAPTIST CHURCH Notes lo the accounts for the period from 1 Janua 2024 to 31 December 2024 1 Accounting Policiès 1.1 Accountlng Convèntlon These accounts have been prepared under the historical cost convention with iterns recognised at cost or transaction value unless otherwise stated in the relevant notel51 to these accounts. The account5 have b88n prepared in accordanc8 With the Stst8ment of RecoTnrn8nded PractiC8'. Accounting Reporting by Charities preparing their accounts In accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom 8nd Republic of Ireland IFRS 1021 and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. 1.2 Going Concern At the time of approving the accounts, Ihe trustees have a reasonatle expectation thal the charity has adequate resources to continue in operational ¢xistenGe for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. 1.3 Income Income Recognltlon Incorne is cOgnised in the slalernent ol financial acliiilies ISOFAI on a receivable basis, when a transaction or olher event results in an increase in the charity's asseis or a reduction in its liabilities and only when the charity h85 leg81 entidernent, the income is probable 8nd can be me8sured reliabty. Off¥etting There has been no offsetting of assets and liabilities, or incorne and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Donations Cash dcinations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Incorne lax recoverable in relation to donations r1Ved und8r Gift Aid is recognised at the time of the donation wh8n th8r8 is a valid declaration frorll the donor. Any Gift atnount r8covered on a donation 15 mllsidered to b8 part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the tems of the appeal have specified otherwise. Voluntary income is received by way of donations and gifts. 11 is shown in full in the Statement of Financial Acliwlies wh8n r8c81V8d. l income is accounted for gross, before deducting any relaled fees or costs. Legacie5 Legacies are included in the SOFA when receipt is probable, thal is, when there has been grant ol probate, the executors have established that there are sufficient assets in the eslale and any condrf(ions attached lo the legacy ar8 eith8r wthin the control ol th8 charity or have been met.
BROADSTONE BAPTIST CHURCH Notes lo the accounts for the period from 1 Janua 2024 to 31 December 2024 1.4 Expenditure and Liabilities Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation commiiting the charity to pay out resources and the amount of the obligation ran be measured wth reasonable certainty. Support costs hav8 b&8n allocated b8tWe8n governance costs and other 5UPPOrt. Gov8rnanc8 Costs compri58 all costs Involng public accountabillty ol the charity and Its compliance wlth regulatlon and good practice. Support costs include thos8 functions that assist the woik of th8 charity, including building expens8s, administration and equipment costs. All support costs are deemed to relate to eh charitable activity of the charity. Cr•dltors The charity has Gredilors which are measured at settlement amounts less any trade disoounts Provisions for liabilities A liability is measUd on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to sellle the obligation at the reporting date. 1.5 Tanglblè flxod assets Tangible fixed assets are Initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. D8pr8ciation is r8cogni58d so as to writ8 off the cost 01 valuation of ass8ts 18SS th8ir r85idual valu85 OV8r th8ir useful Ilves on the followlng bases.. Equipm8nt 20°A straight line A regular annual review of th8 likelihood of asset irnpairment is undertak8ri. 1.6 Debtors Debtors are measured on initial reeognition at settlement amounL Subsequently, they are measured at the cash or other consideration expected to be ceiVed. 1.7 Cash and bank balances Cash held by the charity is included al the amount actually held and counted al the year end. Bank balans, wh8th8r In credit or ov8rdTawn, are shown at th8 amounts properly r8conciled to the bank stat8n18ntS. 1.8 Pensions - defined contribution schemès The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account 85 they become p3yab18 in accordance with th8 rules of th8 sch8m8.
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 2 Income and endowments from= Unrestricted Restricted Funds Funds 2024 2023 Donations and legacies General Offerings Gift aided Offerings Refunds from HMRC on gift aided donations Legacies 54.299 71,015 20,318 6,334 5,500 1,535 60,633 76,515 21,853 45,844 66,491 18,543 238,027 145,632 13,369 159,001 368,905 Unrèstricted Restricted Funds Funds 2024 2023 Incomè from Charltabla actlvltlès Income from outreach events and groups Total incomè from Charitable activities 1,475 1,475 1,475 1,475 434 434 Unrèstrictèd Rèstrictèd Funds Fund5 2024 2023 Income from Investments Interest income Rental income 7,747 15,000 7,747 15,000 622 15,000 Total Inv¢$tment In¢¢me 22,747 22,747 15,622 All income in the prior year was unrestricted except for £614 received for the mission fund, £8,484 for the Indonesian Mission Support fund and £1,625 for the P8sloral Hardship Fund. P4811
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 3 Expènditurè on Charitable Activities - Direct Expenditu Unrèstricted Restricted Funds Funds 2024 2023 Mlnlslerf81 Expenses Ministry Training Scheme Evangelistic Material Missions and Support Outreach Events and Groups Total direcl expenditure 18.519 8,876 376 22,232 5,459 55,462 18,519 8,876 376 47,586 5,459 80,816 6,150 140 415 35,750 3,605 46,060 25,354 25.354 Unrèstrlctèd R•strlctèd Funds Funds 2024 2023 Support costs Building Expenses (Church and Manse) Administration Equipment Depreciation Total support costs 27.006 6,539 2,034 8.741 44,320 27,006 6,547 2,034 8.741 44,328 21,661 5,932 1,343 11.737 40,673 Unrestrlcted Restrlcted Funds Funds 2024 2023 Governance costs Independent examiner's fees Twstees. remuneration Trustees, social security costs Trustees defined contributions pension ¢0515 Trustees, expenses Total govèmancè costs 960 66.921 423 3.181 5,649 77,134 960 66,921 423 3,181 5,649 77,134 1,500 71,362 263 3,287 5,743 82,155 Unrèstrlctsd Restrlcted Funds Funds 2024 2023 Total ¢harltable expendlture Total direct spending Total SUPF)Ort costs Total governance costs Movements in pmvisions and ¢ommitmenls Total expenditure 55.462 44,320 77.134 6.000 182,916 25,354 80,816 44,328 77,134 6.000 208,278 46,060 40,673 82,155 25,362 168,888 12
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 Decernber 2024 4 Staff costs and emoluments 2024 2023 Salaries and Wages Social SecLJrity Costs Pension Costs Idefined contribution scheme) 83,283 423 3,827 87,533 71,362 263 3,287 74,912 Number of Employees 2024 Number 2023 Number The aver8ge monthly number of employees during the year was.. There were no employees whose annual remuneration was £60,000 or more. 5 Defined contribution pension scheme 2024 2023 Amount of contributions recognised in the SOFA as an 8xpens& 3,827 3,287 The charity operates a defined contribution pension scheme, the costs of which are shown above. The costs of this scheme are all allocated lo the general unreslricled fund. Any liabilities and assets associated with the scheme are shown under debtors and creditors.
BROADSTONE BAPTIST CHURCH Notes to the accounts for the period from 1 Janua 2024 to 31 December 2024 6 Tangible Flxgd Assots Freehold Property Equipment Total Cost I Valuation At 1 January 2024 Additions At 31 December 2024 1,550,0(10 58,687 11,761 70,448 1,608,687 11,761 1,620,448 1,550,000 Deprecialion and Impairment At 1 January 2024 Depreciation charged in the year At 31 December 2024 43,942 8,741 52,683 43,942 8,741 52,683 Carrying Amounts At 31 December 2024 1,550,000 17.765 1,567,765 At 31 December 2023 1,550,000 14,745 1,564,745 The church building has been valued by the TrLJStees at the balance sheet date as the same market value as 2023 and Iherefore no revaluation has been undertaken. Had the assets been carried under the cost model the carrying amount would be £1,435.891. 7 Investments Investment Property Cost I Valualion At 1 January and 31 December 2024 427,000 Dopr8¢ialion and Impairment At 1 January and 31 December 2024 Carrylng Amounts At 31 December 2024 427,000 At 31 December 2023 427,000 PwJ9 14
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 8 Debtors 2024 2023 Prepayments and accrued income Other debtors 3,226 21,076 24,302 2,008 17,881 19,889 9 Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Taxation and Social Security Other creditors 473 2,393 4.219 506 7,591 326 2,353 868 3,547 10 Provisions for liabilities and charges 2024 2023 Balance as al 1 January 2024 Amounts added in current period Amounts charged against the provision in the current period Balance as at 31 December 2024 21,600 27.600 21,600 27,600 21,600 21,600 21,600 21.6QO The provisions and funding commitments are reported in respect of the Missionaries which are supported by the Church. Al the end of each year a decision is made for Ihe amount of support each missionary will receive for the next twelve months based upon resources available. The payments for the forthcoming Iwelve months are included here. Any provision not used in the following year is credited back to the income and expense account. PwJ9 15
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 11 Analysls of Funds - current year Funds Funds brought carrled forward Gains I forward to from 2023 Income Expenditure Transfers 105ses 2025 Unrestricted and designated funds General Fund 2,215.097 169.854 1182,916) 14,5601 2,197,475 Rèstrlctèd funds Mission fund Indonesian mission support fund Pastoral hardship fund Church Plant Fund 49,185 126 1,625 1,290 6,597 362 5,120 115,9221 17,8611 11,5791 960 1,200 2,400 35,513 62 2,808 5,120 50.936 13.369 25,362 4,560 43,503 Analysis of Funds - prior year Funds Funds brought Carried forward Gains I forward to from 2022 Income Expenditure Transfers losses 2024 Unrestricted and designated funds- G8neral Fund 1,935,751 374,238 1155,7161 {53,2851 114,109 2,215,097 Re$trl¢t¢d funds Mission fund Indonesian mission support fun Pastoral hardship fund 614 8,484 1,625 12,2141 110,9581 50,785 2,500 49,185 126 1,625 100 100 10,723 13,172 53,285 50,936 During the year regular transfers amounting to £80 per month12023 - £265 per month along with a furlher transfer of £47,605 al the end of 2023 (being 20 /0 of the legacy receivedll were transferred from the General Fund to the Mission Fund to be used by the Missions Council to provide additional support for Missionaries as required. During the year regular transfers amounting to £100 per month12023- £200 along with a further transfer of £100 from the Ladies Fellowship) were transferred from the General Fund lo the Indonesian Mission Support Fund . During the year regular transfers amounting to £200 per month12023- £nill were transferred from the General Fund to the Pastoral Hardship Fund le
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 12 Restricted Funds Th8 purposas for which the funds arè hèld ar8 as follows.. Unrestrl¢ted and de$lgnat¢d funds These funds are held for meeting the objectives of the charity, and lo provide reserves for future activities, and, subject lo charity legislation. are free from all r8slriclions on their use. General Fund Restricted Funds Restricted revaluations reserve This fund represents the restricled surplus arising on the revaluation of Ihe charity assets. Mission fund This fund is held lo idenlify all donations specifically given to be passed on to the Missionaries who the Church supports. These funds are held within the general bank account of the church bul are separately identifiable. Indonesian Mission Support fund This fund is held lo identify all donations specifically given for the overseas missionary who the Church supports as the sending ¢hur¢h. These funds are held within the general bank account of the church but are separalely identifiable. The balance on Ihis account is transferred on a quarterly basis lo an Intermediary charity in the UK who holds the funds on behalf of this missionary. Pastoral Hardship Fund This fund is held to idenlify all donations specifically given to t)e passed on to those in need of urgent financial assistance in the fellowship or connected to it. These funds are held within the general b8nk ac¢ounl of the ¢hur¢h but are separately identifiable. Church Plant Fund This fund is held to identify all donations specifically given to be utilised by the new Church Plant in Blandford once il stsrts in September 2025. These funds are held within the general bank aGcounl of the church bul ar8 séparataly idèntifiabla. Pao8 17
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 13 Trustees remun8ration During the year Ihe charity made the following transaclions with trustees= Timothy Gamston Tirllolhy Gamslon received remuneration and pension of £44,25812023 £41,557) and £2,08912023 £1,873). As the Pastor of the church, he has a contract of employment for which he is compensated and which is permitted by the Constitution of Broadslone Baptist Church. Steven Driver Steven Driver received remuneration and pension of £22,66312023 £29,808) and £1,09212023 £1,414). As the Assistant Pastor of the ¢hur¢h. he has a contract of employment for which he is compensated and which is permitted by the Constitution of Broadslone Baptist Church. He stood down as a trustee on 18th September 2024. 14 Trustee expenses The expenses reimbursed lo trustees, or paid diredy to third parties on behalf of the Iruslees was as follows: 2024 2023 Travel Accommodation Training 309 1,105 4,235 5,649 366 947 4,430 5,743 NLIMr NLJmbèr Number of trustees reimbursed for expenses or who had expenses paid by the charity Pag8 18
BROADSTONE BAPTIST CHURCH Notes to the accounts for the eriod from 1 Janua 2024 to 31 December 2024 15 Relatod Party Transactions Phil Rawlings Son of Brian RaIng$, a Iruslee of the charity Phil receiv8d payments from th8 church to support his work on the Mission fi8ld totalling £2,750 12023 - £2,600) A provision of £3,00012023- £2,400} for the support Payments for this related party for the next 12 months has been provided for in these accounts. Jo Gamston Wife of Timothy Gamston. a trustee of the Charity Jo atténdèd a Lèadèrs, and 8 Pastor's Wivès conféréncè which wèré p8id for by thè church £865 {2023- £2101. Rob Gamston Brother of Timothy Gamston, a trustee of the charity Payments were made to Rob lo cover travel expenses for him to speak at the church £16012023- £nill Sarah Drlvor Wife of Steven, a trustee of the Charity Sarah attended a Children and Youth Conferen which was paid for by the church £2512023- £nill. Sophiè Phénix Daughter of John and Helen Phenix, trustees of the ¢harity Sophie has bèen appointed as the Children's and Youth Worker of the church and re¢evied a salary, pension contributions and costs torwards training of £8,31812023- £nill Pag8 19