The Charity Registration Number is 1191041 TRINITY BAPTIST CHURCH Report and Accounts 31 March 2025
TRINITY BAPTIST CHURCH Report and accounts for the year ended 31 March 2025 Contents Page Charity inforniation Trustees, Annual Report Statement of trusteess. responsibilities Ind8p¥ndant audltor's rèport 10 11- 12 Funds Stètements.-_ Statement ol Financial Activities Movements in funds Revenue Funds 14 15 Balaneè sheèt 16-17 Cash Flow Statement 18-20 Notes to the accounts Income and Expenditure analysis 31- 35
TRINITY BAPTIST CHURCH Company Information Trustees Rev. Kingsley Appiagyei Head Pastor & Chief Executive OffIr Rev. Kweku A. Amosah Pastor Rev. Stephen Asibuo Pastor Mr. Aex Appiah -Elder & Head of Finance Committee Ms Grac8 Cathèriné Amptsnsah - Dèaconèss Mr Samuel Noye Narh - Pastor Dr Bernard Aisar Davis Elder Dr Christopher Vondee Eld¢r Mr Peter Yung-Hoi Elder Mr Francis A A Ampons8h Yebuah - Pastor Auditors A D Williams & Co Awount8nts Chartered Certrfied Accountants & Statutory Auditr)rs 102 Green Lane Morden SM4 6SS Bankers Barclays Bank PLC Croydon Branch 1 North End Croydon CR9 1SX Solicitors Cart8r L8tllon Cam8rons 11 Breams Buildings London EC4A 1DW Re isttrr office 2 Thornlaw Road West Norwood London SE27 OSA
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 The Trust88s present their Report and Accounts for the year 8nd8d 31 March 2025. Reference and administrative details The charity name. The legal name ofthe charity is'.- TRINITr BAPTIST CHURCH. The charity is a150 known by its operating name, TRINITY BAPTIST CHURCH. The charitys areas of operation and UK charitable registration. The charity is registered in England & Wales With the Charity Corntnission in England & Wales ICCEWI with charity number 1191041. on 11412022 under a deed of transfer ol assets. look over the assets. liabilities and functions of the unincorporated charity Trinity Baptist Church under the charity registration number 1132192. The charity does not operate in any overseas jurisdictiws. Lal structure of tho charity The charity 15 constituted as incorporated charity ICIOI with the cornpany number CE023718 and charity number 1191041, established by a written constitution. the governing docurnent of the charity 15 the written wnstitution approved by the tnembers and endorsed by the charity wmmission in England& Vvales ICCEWI. There are no restrictions in the governing d(tuments on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The Iruslees are all individuals. The principal operating address, telephone number, email and web addresses of the charity are-. 2 Thomlaw Road West Norwood, London SE27 OSA T81ephone 020 8766 7732 Email Address Adminstaff@trinitybaptist.org.uk Web address www.tbcuk.org The Twstees In office on the date the report was approved were:. Rev. Kingsley Appiagyei Rev. Kweku Amosah Rev. Stephen A5ibuo Mr. AJ8xand8r Appiah Head Pastor & Chief Exec. OffIr Pastor Pastor Elder and Head of Finance Ms Grace Catherine Amponsah Mr Samuel Noye Narh Deaconess Pastor Dr Bernard Ai5ar Davis Eldei Dr Christopher Vondee Elder Mr Peter Yung-Hoi Mr Francis A A Amponsah Y8buah Elder Elder
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 The following per50n5 served as Tru5tee5 during the year ended 31 March 2025 :. The trustees who served a$ 8 trustee in the reporting period were as shown above. and there were no changes during the year, or in the period between the year 8nd and the approval of th8 accounts. Rev. Kingsley Appiagyei Rev. Kweku Amosah Rev. Stephen Asibuo Mr. Aexander Appiah Ms Gra Catherine Amponsah Mr Samuel Noye Narh Dr 88rnard Aisar Davis Head Pastor & Chief Exe¢. OffIr Pastor Pastor Elder and Head ol Finance Deaconess Pastor Elder Dr Christopher Vondee Mr Peter Yung-Hoi Mr Francis A A Amponsah Yebuah Elder Elder Elder The purposes of the charity8s set out in its governing document. The charlty Is governed by a wrttten constllutlon in whlch Its objects a sel out. In accordance with the objectives set out in the constitution of the charity, the charity ha5 the following objects To advance the cause of Christianity in the City of London- particularfy South-8ast, in the Unit8d Kingdotn and the wodd at large. To help alleviate poverty of people in the environs of its operations through the provision ol food, elothing and shelter To hold church meeting5 on Sundays, including Sunday School and other Departtnental and Committee meètings as may be deemed necessary. To hold bible studies and horne group rneetings. To ¢onlinuously provide for the welfare ol Members, persons in need and especially the homeless These objectives are pursued in a variety of ways. indusive of the organisation of formal talks and seminars, representin9 the church cx)mmunity on a nurnber of public t>odies supporting social action and Social Justi projects. The main activities undertaken In relation to those pun)oses durlng the year. The charitls day to day activities were as follows.. - Sunday services- West Norwood & Croydon Wednesday prayer meetings- Akan Service Wednesday Bible Studi8S - Friday prayer rneelings Saturday bi- monthly outreach prograrntnes Alpha courses and FedoM in Christ Course New membership and Discipleship courses. These activities were open to the public atlarge and h81p8d f8cililst8 comrnunity ethnic coh8SiOn.
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 The a¢tivilie$ undertaken during the year to further the ¢h8ritys purpose for the publi¢ benefit. The provision of food bank serwces to the needy within the community Practical support to the elderly through home visiting Distribution of free focKI to the community. Periodic soup kitchen services inclusive of counseling services to rnetnbers within the cornmunity. The active protnotion and participation in Youth awar8nes5 prograrnm8S The Trustees have been circumspective and have at all times shown due diligence with regards to the Charity Commission s guidance on public benefits in managing the 8ctiwties of the charity. The short term and longer t•mi aims and objeetiv¢s. The ¢harity's objectives revolve around a chur¢h that is Committed to holistic growth (The Great Cornmissionl,. transforming lives and the ernpowerment of it5 members for the fulfilment of destin8s. The church is cotnmitted to increase the knowledge of Scriptures, Christian rnabjrity, and to develop strong fellowship amng members and non-members alike. The church recognises its duty and is dedicated to plawng its role to impact our cornmunity and nation with compassion and love. The charitys strategies for achieving its aims and objectives in the future. To increase our church altendanee to 2,500 for the coming year To promote the growth of the Young Adult services I Impact Services) To strengthen the Youth and children ministries - To further enhance the churches database records for members The church has be8n intentional in d8veloping smaller groups (Home Groups) of congregants to 8nsur8 effective systematic discipleship. The Horne Groups will be encouraged lo protnote Bible study, prayer meetings and fellowship. The church provid8S SUPPOrt to th8 TBC Orphan8g8 and will hold a numb8r of Orphanage Awaren8SS prograrntnes. The church has a large resource of profes510nals in various fields and they will be actively engaged to bring their expertise and skills to bear on the promotion and growth of the orphanage. The church will continue to work dosely with Croydon Council through social intervention and welfare programmes inclusive of Youth empowerment initl8tives. food bank support and helping in the feeding of the hom818SS. How the aGtlvltles undertaken durlng the year n(buted to the a¢hlevement of the alms and obJeGtlve$. The Church has intentionally adopted an Outreach initiative to the public at large. Accordingly, the church's acts"vities were made available lo both metnbers and non-tnembeis. A number of people in the community who w8re supported by th8 chLJrch have be8n taken off th& stre8t and are now being supported long te.
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 Resources used éhe 8Ctwiti8s undertaken during the year. Pastors, Elder5, Deacons and Deaconesses of the church, in aligntnent to their ministerial cornmitment, consistently volunteered their serviTrs for the achievement of the church's objectives and activities. The Church has a large p(x)l of human resourTrs available, with variws professional expertise and skills. Members willingly volunteered their services lor the achievement ol the church's objectives and It should be noted that where setwTrs were paid for in cash for the achievement of these objectives and activities they are appropriately highlighted in the financial statements. The main achiev8rnents and performanco of tho charity during th8 year. The charity has been able lo holistically cater for the spiritual. emotsonal and social needs of its m8mbers through various church 8Ctivitie8 and programm88. The ¢harity has had a positive impact on the community in which it oper8tes through enhanced collaboration with Croydon Council. Soup Kitchen init18tives and Youth empowerment prograrnmes Some strategies and initiatives the ¢hur¢h implemented during Covid-19 era are still being utilized due to their eff8Ctiveness. Such strategies include acc88S to onlin8 servic88, onlin8 giving and mid-w88k meetings being undertaken via zwm. Fundralslng actfvitles durlng the year. The charity relies on tithe$, offerings and donations from its Members as identified in the ststement of account5. The support to the chaiity by its member5 through voluntsry giving and donation5 is highly valued. Anoth8r sourc8 of funds for the charity is obtained through Covenant Gift Aid Ireceiv8d from HM Revlew of performance for the year In the wake of Covid -19 the ¢hur¢h adopted some positive strategies and inilialives that a still being irnplem8nt8d. The Church appropriately adapted to the use of digital communications via the use of social media plallomis to offer online rernole seNices to members. The Church has attracted a lot of online viewers worfdwide as a result of the intentional application of digital communications. There hav8 b88n nunierous t8Stimoni85 from Members and online viewers 8rnph8sizing how their spiritual, social and physical lives have been positively Impaded, and revitalized by church sem$ and other meetings. Church mernbers have also shown a keen passion to engage and contribute in eomrnunity development projects as well as a willingness and 8ag8rn8SS to h81p one another materially, ernotionally and socially
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 Structure, govemance and management of the charoty Appntmen¢ induction 8nd trainin9 of new trustees The legal responsibilily for the election of new Trustees lies with the Annual General Meeting IAGMI. The existing Trustees would nortnally recotnrnend rnernberslpeople who have the Charity's interests At heart lo the AGM who would duly undertake the necessary voting and subsequent appointments as r8quired. Trusleelvolunteer and other Iraininglseminars are organize(I periodically for both new and existing Trusiees. All Trustees are updated and given copies ol all necessary Church Policies, Procedures and The Constitution ol the Church. Copies of other Handbooks including Charity Cornmission booklets such as CC3, CC60 are also given out to th8 New Tru5te88. The charitys org8nis8tion81 structure. The church is managed by board of trustees chaired by the Head P8Stor. The day to day activities are managed by the Chief Operating Officer, Senior Pastor and Resident Pastor who report to the Board of Trustees. Th8 Chief Operating Officer is supported in the day to day duties by three departmentsl heads.. D8aenns, Adrninistrative Secretary, and Finance & Project5 Ofticer. There are various committees l¢omprising Chur¢h members) who are supervised by the Deacons, urith the remit of discussing tnatters of concern at short notice. The Administrative S8cr&tary is supported by office staffs . How the charity makes decisions and how decisions are delegatsd. The Pastors and the Elde15 retain oversight responsibility of all church rnatters. The Trustees are responsible for the Charity. The Trust88s meet every Quater and any additional meetings ar8 planned 85 the need arises to discuss and plan the implementation of the charity's objectives and activities. Matters of general concern are duly discussed by the Tiuslees with church members through periodic Church meetings. As a spiritual institution, all church matt8rs are firsuy, subject to prayer and God's dir8ction with Trust88S cotnprehensively deliberating on rnatte15 before itnplementation. Major decisions at any church meeting a determined by a simple majority vote cast by members present with each member having one vote. In the event of equal vote5, the chair may exerase a second vote as a casting vote. The Chief Executive Officer and otherseniormanagementpersonnel to whom day to day management is delegated The Chief Executive OffIr and other senior members to whorn the day-ttrday management of the Charity is d818gated by th8 Trustees are.. Rev Kingsley Appiagyei Rev K.A. Amosah Head Pastor and Chief Executive OffIr Senior Pastor
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 Settlng pay and remuneratlon ofl(ey managementpersonnel Remunerabon of key management personnel is set and approved by the trustees at board meeting. The key personnel who are remunerated are mosuy pastors and they all give top priority the church'5 values, purposes and objectives above their personal cornfort. Retnuneration are set con515tenl with these values and paid Church personnel are content and gmtilied to accept lower pay in comparison to public or privat8 Sector market r8t8S. In setting the remuneration levels consideration is giving lo the following factors also.. The appropri8t8ness of the pay in th8 conlext of the charity and its m8mb8rs needs and 8XPeCtations. Wh8ther th8 pay is affordable, cognisant of long-term consideration of futur8 incom8 and 8xp8nditur8 levd5. Flnanclal revlew The ¢h8rltys flnan¢lal posltlon at the end of the year ended 31 m?h 2025 The financial position of the charity at 31 March 2025 and comparatives for the prior period, as more lully detsiled in the accounts. Can be summarised as follows:_ 2025 2024 Net income 100,639 100,063 Unrestricted Revenue Funds available lor the general purposes ol the Charity Unrestricted revaluation r8S8rve 6,458,803 6,358,163 311,fA8 6,770.451 311,648 6.669,811 Total Unrestrlcted Funds Restricted Revenue Funds 31,034 31.034 Total Funds 6.801,485 6,700,845
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 Flnan¢lal revlew of the posltlon at the reportlng date, 31 March 2025. The fin8n¢ial statements are set out on pages 13 to 29 The trustees wnsider the financial performance by the charity during the year lo have been satisfactory. The Statement of Financial Activities show incoming resources for Ihe year of £1.747.936 tot81 r8sources exp8nd8d were £1,647,297, and h8nc8 the amount of £100,639 was r8alised as net surplus. Total funds at the year end stand at £6.801,484. Specifie changes in fixed assets 8re detailed in the notes to the accounts. There were no revaluations on the FehOld land and buildings. Pollcles on reswves. The reserves are being earmarked chiefly for futu building projects to cater for the increasing numbers in the congregation.. and 8190 for other undert8kin9s of capital nature. The total resetves of the charity is £6.801484 of which £6,770.450 is unrestricted revenue funds. These revenue reserves besides Ihe use stated 8bov8 , part will b8 us8d to service future ch8rilable activities 50 that the church can deliver its objectives. Avallabllity•nd•d¢qua¢y of assets of ea¢h of the funds The board of Iruslees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Slgnlfl¢?nt events whl¢h have affe¢ted the fln?n¢l?Iperform?n¢e and the flnanclalposltlon. The outbreak ol the global pandemic. and reslriclions imposed on crowd gatherings affected the activities of the church to a greater extent. Tithes and Offerings are mostly made al church services th8refor8, th& r8Striction5 8ffect8d the income of the church.
Year ended 31 March 2025 offerings and donations .. £ 1,736,041 Y8ar to 31 March 2024 off8rings and donations. £ 1,677,618 l an increase of 3.48Yo in revenue) The major risk5 to which the Charityis exposed andrgviews and systems to mitigate them. 1. Financial The charity is open to the usual financi81 risks of any organisation, and the charity has intrcduced controls Io Tninimise these risks, such as two signatures being required for payments frorm the bank account. In addition, the acwunts a regularly explained to members of the charity and a open for member's inspection at any time. The a fairly good controls over the cash ¢olle¢led as offerings. tith8S and others. Ther8 is strict segreg8tion of duti8s betW8en collectors. count8rs,check8rs, recorders, those who bank these monies and the supervisors. There is also an active Finarn Committee and a Pastor in charge ol Finan.
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 2. Other Work with children and vulnerable adults Is open to risks. The policy Is that visitations, counselling and any work involving ¢hildren a done in pairs. New volunteers lo the children minislry a recruited on the basis of Baptist Union s policy for th8 recruitment of volunteer5 for children s Ministry which are in line with the Goveinrnent policy. Detalls of The Audltor Abraham Duncan-williams Member ol charte Certffled Accountsnts 102 Green Lane Mord8n Surrey SM4 68S Statement as to disclosure of information to auditor8 Th8 trustees state that so far as each of the trustees at the time this 18POrt was approved ar8 awar8:_ al There is no relevant audit information las defined by se¢tion 418131 of the Companies Act 20061 of which the auditors are uriaware, 8nd bl The Irustees have iaken all steps that they ought to have taken to make themselves aware of any relevant audit information and establish that the auditors are awaie of that information.
TRINITY BAPTIST CHURCH Tru$tee$' Annual Report for the year ended 31 Mar¢h 2025 Statement of Trust885' Responsibilities The charitys trustees are sponsible for the preparation ol the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requiretnent In the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accDrdance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees detertnlned to Snterpret this iesponsiblllty as requlring them lo follow current best practits and prepare the accounts according to the FRS 102 SORP IStat8rnent of R8cornm8nd8d Practice for Accounting and Reporting by Charities) 2019, applicab18 to all a¢¢ounting periods beginning on or after 1st J8nu8ry 20191, (The SORPI. In particular. Charity law requires the Trustees, il they ppare accounts on an accruals basis. to prepare financial statements for each financial year which give a tru8 and fair view of the stste of affairs of th8 charity a5 at th8 8nd of th8 financial year and of the surplus or deficit of the charity. In prepanng thos8 financial statements the Trustees are wuired to to prepare the account5 in accordance with United King(Iofn Generally Accepted Accounting PracliTr (United Kingdom Accounting Standards and applicable lswl. select suitable accounting policies and apply them consislenlly., make judgements and estimates that are reasonable and prudent,, ppa the financial statements on the going eoncem basis unless it is inappropriate to presume that the charity will continue in business., stst8 whether applicable acUntINg st8ndards and 5t8t8m8nts of re¢ommended practice have been followed, subject to any materi81 departures disclosed and explained in the financial statements.. The law requir8S that th8 truste8s must not approve the accounts unless they are satisfied that they giv8 a true and fair view ol the state of affair5 of the charity and of the surplus or defiat of the charity for the year. The Trustees are also spOnsIe for maintaining adequate a¢counting records which disdose with reasonable a¢¢ura¢y at any time the finan¢i81 position of the charity and which are suffi¢ient to show and explain th8 chsrity'5 transactions and enable them to ensure that th8 financial statetnents comply with iegulations made under the Charities Act 2011. 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 olher irr8gulariti&s. The Trustees are also responsible lor the contents of the Trustees, report, and the statutory responsibility of the auditor in relation to the Trustees, report is limited to ex8mining the report and ensuring that the report is consistent with the figures disclosed in the financial Statements. This report was approved by the IKard of trustees on 10112026. Rev. Kweku A Trustee sah IFinance and Pastoral Carel 10
TRINITY BAPTIST CHURCH Independent auditorfs report to th• mamb•rs of TRINITY BAPTIST CHURCH Oplnlon We have audited the finanual statement of Trinity Baptist Chur¢h for the year ended 31 March 2025 whi¢h comprise the Statement of Financial Activities, the Balance Sheet, Statement ol Cashflow and related notes as sel out on pages 13 to 24. These financi81 statements have been prepared under the accounting policies sèt out therein. This report is made sdely to the charty's members, as a body, in aecordance with Section 144 of the Charities Act 2011 and regulations made under Section 154 of that Act. Our audit work has been undertaken so that we rnight Slate to the charitys trustees those matters we are required to slate lo them in our auditors report and for no other purpose. To the fullest extent pemitted by law, we do not accept or assume responsibility to anyone other than Ihe charily's members and trustees as a body, for our audit work, for this report, or for the opinions we have formed. In our opinion the fin8nci81 st8tements'. give a true and fair view of the state of the charitos affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and the inforrn*ion given in the Trustees Annual Report is consistent with the fin8nci81 st8t8rnent. Basis for opinion We conducted our 8udit in ac¢ordance with International Standards on Auditing IUKI IISAS IUKII and pplicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section ol our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financi81 statements in the UK, including the FRC'S Ethical Standard, and we have fuwilled our other ethical responsibilities In accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the Iinancial stslements, we have concluded that the trustees, use of the going concern basis of ccounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or Gonditions that, individually or colleGtiv¢ly, may cast signrficant doubt on the cotnpanys ability to continue as going concem for a period of at least months from when the financial statements are authorised for issue. Our rasponsibilitiès and th6 responsibilitiès of the trusteès wth respèct to going conearn arè describad in thè relevant sections of this report. Other information The other information cormprises the information induded in the annual report oth8r than the financial statements and our auditor's report thereon. The trustees ère responsible lor the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to th8 extent otherwise explicitly stated in our report, we do not 8xpr8ss any fortn of assur8nc8 condusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other inforrnation is materially inconsistent with the financial staternents or wr knowledge obtained in the ourse of the audit, or olhenmse appears lo be materi8lly missloled. If we identify suoh material inconsistencies or apparent material misstatemenis, we are required to determine whether this gives rise to a rnaterial rnisstalement in the financial statements themselves. If. based on the work we have performed, we ¢(>n¢lude that there is a m8terial misststement (>f this other infomation, we are required to report that fact. We have nothing to report in this regard.
att•r ¢>n whbeh we arn requlyed to wrt by ex¢ept W$ havg notNrvJ to r8POrt In rOSPt ofthe trkYry matter¥ In rekni lo Charthos Act2011 th• inf0mat gNen in the RBFfffjI of Ihe Trwtaas IS WWlSiStanl in any m•teTl81 wet Wbth fmn¢i81 stslenwits.. c odequate accountirg Tec(Yds hgve not bem relwns •Jeqkth for r 8Jit have been flnortw stat•m8nts arn agmmertthh Ihe a(%4JUrtiry recwds r?M8.. or * have not Tecel¥ed all the Infryrnjkn •TrJ eXF4•n•tiryw requ for au R••pon•lbllltl•• ol tn•¥l• As explained rn0 fully In the trustws. resFX)n841tss slatsrnenL th8 trustèès we sp(SlIa for the prepara.( of the thanck81 Btaternts and lor bn9 satislled Ihat Ilw ge a Iruts and lalr %A8w. and for such internal contrd as thè tntst dètèmiints Is to onabh th preratn ol fina1 8taiements that The tru8t•8s have doctsd for th• noI otomgnts audltsd In •rthythnc• w11h th• ChathB Act 2011 Tathor Ihan th8 Compani$8 Act 20Ch3. A¢ct¥dln4y, have bo8n apwjkntsd a8 wdlknrs under Seckn 144 of th• Aet 20118nd r8w1 in accordance with regui•tws made und•r S•¢tK)n 154 of that Act. Our ro8ponthUhlo8 ly to audt and #n thg lkn•Tl stthnents In ar1•r0 wllh apF41cat46 and Intmalkinal Stsfyjards ¢)n AJJdbUng (UK and Irokndl. Ttth• •laThJaTd& Tr4ulro UB to th Aud.9 Pr8th"c&s BoArd'8 EINc81 StsThJ8rds for ALpJilm. Audlto¢• rn•pon•lblllllM for th• audll (rfth• fin•nd•l stat•m•nts Our obj11¥89 a to ¢)blaln r8asonabig assuc abtyjt vthelhar th• flnv£lal 8tat•m•nts 88 a aro freo from rnalerlal mls8totomenl. whth to or •rror. to IS8 an audttor's r8Frfxt thal include8 0 onIon. Reasona0 assurfA)ce lo o hW16¥el of •s8urnnco but15 a guarnnlee thot an guth¢ tondu¢tsd In occordanee ISA8 IUKI wll ? materijl miB8lat•m•nt èxists. M8tAt•m•nts arf8• from frfjud or ernx are ccnBldored matw•l rf, irKthIfy of in ts wJrW8, they could re8$onabty be •XF•Ct•d lo wdbJ•ne• •etffjomle dKA8kn8 crf u8W8 taken Iho ba818 d th08• fign¢ sl•¢•mgnts. IrrngularlOg8. Indudlnp frAud. ar• In•t•rK ol norcomlanc0 I¥¢ and regukntion& W• d•8n proc•dureg In lkne vlth our res•)11$. •Jlln•J lbtyn. Its m•torf81 ml•$lat•m•nts In r•sF•ct of 11r8wrIts&8, IladI fr•Jd. gs/w /2028 Abraham Dun¢an-WIIKm$ FCCA (Sgnhv Statutory AAMlltorl A D Wkllams & Co 102 Groon Lane {den SM4 6SS 12
TRINITY BAPTIST CHURCH - Statement of Flnanclal Actlvltles for the year ended 31 March 2025 Statomont of Flnanclal Actlvlflgs for the year8ndgd 31 March 2025 ¢urrntygar UnroStrictsd Funds Current year R88trictsd Fund8 Currgntyear Total Funds PrforYe¥ Tutal Funds 202$ 2025 2025 2024 In¢ome & Endowment$ from.. Donations & Legacies 1,736.041 11,776 1,736,041 11,776 1.677,618 21,561 810 Inv8slments Total income 1.747,936 1,747,936 1,699,989 ExpenLliture on.. 1,647.297 1,647,297 1.599,926 Total 6xpot)dltur8 1,647,297 1,647.297 1,599,926 Nel gains on Invesbments Net Income for the year 100,639 100,639 100.063 Net Income after transfers 100,639 100,639 100.063 Net rnovement in funds 100,639 100,639 100,063 Reconciliation of fund5:. Total funds brought forward 6,669.811 31,034 6,700,845 6.600,777 Total fund$ ¢arri•d forward 6,770,450 31,034 6,801,484 6,700,840 The d4sfi¢iion of Income 1$ $ Sei out In the fomial SORP do¢umentts. AS Nuired by paragr4ph 4.60 of the SORP. the brouohl for¥yard &nd ¢8rried fO8rd lunds above have been 8grepd io the 8alancB Sheet. A Slalementof Totsi RecognSsed Gains and Losses 1$ Included 8s a prfm8ry statement In these accounts. l activities derive from continuing operations The na¢¢$ attached on pa4e$ 21 . 30 1¢ fomi an inlegral part of ¢h$¢ a¢¢ounts. 13
TRINITY BAPTIST CHURCH - Statement of Flnanclal Actlvltles for the year ended 31 March 2025 ststement ofTotal Recogn18ed Galns and L088es forthe year ended 31 March 2025 2025 2024 SuTplu8 foTth• year:. Nel ex*ss of Income over expenditure from oper81ions before lax Re811sed g8ins on dlsposals of social Investments Vyhi¢h are programme rel8led In¢ome from operallons befwy tax the $1otemenl of Flnan¢laAAcllvlles Reaised gains on the di5P05a of Investmen15 Surplus as shown in the Inconje andExpenditureaccount Net Movement in funds before taxation Funds 9onerattd in the year as $h¢)wn on Statement of Financial Activitie8 TRINITY BAPTIST CHURCH- Re50urce5 applied in the year ended 31 March 2025 toward5 fixed assets for Charity use:. 2025 2024 Funds g8n8rat&d in th8 y8ar as d8tail8d in th8 SOFA Resourc8s applied on functional fixed as8els Other 8pplicatiDns of funds 100,639 154,6541 100,063 141,6931 Not resources available to fund charitable activities 45,985 58,370 The resourTrs 3pplied on fixed a55ets for charity use repre5ent5 the cost of èddilions less proceeds of any isposals. The notes attached on pages 21 . 30 to form an integral part of these accounts. 14
TRINITY BAPTIST CHURCH - Statement of Flnanclal Actlvltles for the year ended 31 March 2025 Movomènts In r&v8nuè and capltal funds for th8 yaar 8nd•d 31 March 2025 Revenu• accumulated fund8 Unre8trlctod Funds 2025 RostrScted Funds 202S Total Funds 2025 Last year Total Fund5 2024 AcGUtnulaled funds brought forward 6.358.163 31.034 6.389.197 6,289.130 R8cognised gains 8nd losses b8fDre transfers 100,639 100,639 100,063 e,458,802 31,034 6,489,836 6,389.193 C108ing rav8nue funds 6,458,802 31,034 6,489,836 6,389.193 Revaluation Reserv8 Fund Unr85trict8d Fund5 2025 Restricted Funds 2025 Total Funds 2025 Last year Total Fund5 2024 At 1 Aprll 311.e48 311,648 311,648 At 31 March 311,648 (The tr8nsferof£ 1,100,000 was elised Selve on diswwl ofthe property, 2 ThomlawRd, West NonvooLI- see note I l) Summary of funds Unr85trictod and Designdted funds 2025 Restricted Funds Total Funds Last Year Totsl Fund5 2025 2025 2024 Revenue attumulaled funds Revaluation rÈseNe fund 6.458.802 311.648 31.034 6.489,836 311,848 6.389,193 311,648 Total funds 6,770,450 31,034 6,801,484 6,700.841 The not88 attached on pag68 21- 30 to form an integral part of thes8 8ccount8. 15
TRINITY BAPTIST CHURCH . Balance Sheet as at 31 March 2025 Note8 2025 2024 Fixod a8sets Tangible assets 7.798.537 7.788.524 Current assets Debtors 1.051,9 21,863 1,043. 121.398 Cash at bank and in hand Total ¢urront ass8tS 1.073.763 1.165,362 Crgditors.. amounts falling due within one yaar 12 1405,1701 1410,(K)51 Net current 8888ts 668.593 755,357 8.467.130 8.543.881 Net assets Creditors." amounts falling due after fflore than one year 11,665,646) 11,843,0411 The total not a8S8ts of tho charfty 6,B01,484 6,700,840 The total net a$sÈi$ of the charity are fvnded by the funds of the Charity, as follows=. Restried funds Reslricled Revenue Funds 18 31,034 31,034 31.034 31.034 Unrestricted Funds Unreslricled Revenue Funds 18 6.458,802 311,848 6,358.158 311,8 Unreslricled Ravalualion Re88rva 18 6,770,450 6,669,806 Designated Funds Total Charity funds 6,801,484 6,700,840 16
TRINITY BAPTIST CHURCH . Balance Sheet as at 31 March 2025 The classific81ion of Balance Sheet Items is as set out In the formal SORP docurnenls. As required by paragraph 4.fjo of the SORP. the brought forward 8nd carried forward funds above have been 3greed to the SOF&. The Trustees acknowledge their responsibilities for complwrwJ wilh the requiretnents of charity legislation with respect to accounti récords and the pr8paralitrn Df accounts. The charity is subject to audit under charity legisL91ion. and the report ol the Charities Act auditor is on page 11. The Trustees ère 5isfied th. ahhough the charity is not registered under the Comp3nies knts. if it were 50 regislwe(l. it would be eligible lo prepare accounts in accordan with the PrO510S in Part 15 of the Companies Act 2006. ÈpplicaNe lo companiss subiacl 10 thè small compani6s r8gima. Rav. Kweku Ajnosah IFSnance and PastlY81 Carel Ttuslee Approved by th8 )8rd ol truste8S A310112026 The notes attachod on pages 21-30 to form an Integral part of th888 accounts. 17
TRINITY BAPTIST CHURCH Cash Flow Statement for the year ended 31 March 2025 2025 2024 Cash flows from oparating activiti•s Net tAsh provided by operating activitiés as shown below 168,829 11,802,721) Cash flows from Investlng actlvltl•s Proceed8 from sale of property, plant and equipment Pur¢hase of property. plant and equipment 154,6541 141,6931 Cash flows fmm financing activities Cash inflows from n8w borrowngs 1213,7091 221,259 N•t Cash provided by finaneing aetiviti•s 213,709 221,259 Ovarall eash providad by all aetivitias 99.535 1.623,156 Cash movomonts Change in cash and cash equivalents from actiwties in the year ended 31 M3rch 2025 199,5351 11,623,156) Cash and cash equivalents al 1 April 2024 121,398 1,744,555 Change in cash and cash equivalents due to exchange rate tnovernenls Cash at bank and in hand less overdrafts at 31 March 21,863 121,398 18
TRINITY BAPTIST CHURCH Cash Flow Statement for the yoar ended 31 March 2025 TRINITY BAPTIST CHURCH Cash Flow Statgmont for tha yaar ondod 31 March 2025 - Continugd Reconciliation of net income to net cash flow from operating activities Net income as shown in the Ststement of Financial A¢tivilies 100.639 100.062 AdjustnMnts for:. DepreGiatiDn Gharges Write downs of investments Net UnalISed losses on investment assets Interest payable Divid8nd8, interest and rents from Inv8Stm8nls Ilnere88eydecrease in debtors Increase in creditors. excluding loans Interest received Interest paid 44.641 53.726 128,939 136.181 IB101 124,5331 11,931,976) 810 17,9291 31,478 119 1128,9391 Net cash provided by operating activities 168,829 1,802,721 Analysls of cash and cash èqulvalènts 2025 2024 Cash In hand for the year ended 31 March 2025 Notice deposits- (less than 3 months) 21,863 121,398 Total Cash and cash •quivalènts 21.863 121.398 19
TRINITY BAPTIST CHURCH Cash Flow Statement for the yoar ended 31 March 2025 TRINITY 8APTIST CHURCH Cash Flow Statement for the year ended 31 March 2025- Continued Analysis of change in net debt At $tart Cash Atond of year 121,398 1376,4601 11,843,041) Flows and 199,5351 36,314 177,395 of year 21,863 1340,1461 11,665,646) Cash Loans falling due within one year Loans falling due after more than one year Total 12,098,103) 114,174 11,983,929) 20
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 1 Accounting policiès PollciÈs rÈlatinu to rheproduciion of thè ¢¢ounts. Basis of preparation and accounting convention The accounts have been prepared on the accruals basis. under the historical cost convention. and in accordance with the Financi81 Reporting St3ndard 102, (effective 1s1 January 20161 an(1 'FRS 102 SORP Istalement of Recornmende(I PraGIIGe for AcGounling and Reportsng by Charilie51 2019. appliGable to all accounting periods beginning on or after 1st January 20191, IThe SORPI. published by the Charity ComrnisSn in England & Wales ICCEWI and in accordance with all applicable law in the charivs jurisdiction of regi8tralion. except th81 the charity h88 wepared the fin8ncial stslements in accordance with the FRS 102 SORP ISt8lement of Recommended Practice for Accounting and Reporting by Chariliesl 2019, applicable to all accounting periods b8ginning on or after 1st January 20191, (The SORPI, in pr8fer8nc8 to th8 previou8 SORP. the SORP 2005, which has b88n withdrawn, not¢4ithslanding th& fact that the extant slalutory r8gulations, th8 Charities (Accounts and Reports) Regulations 2008 ref&r 8xpliciUy lo the SORP 2005. This has b88n done to accord with curr8nt best practice. Slgnlf6c8ntludgom6nt and 08tlmatO8 The preparation of thÈ financial siatÈments requires the trustee$ Its make $ignifi¢ant judgements and e$timate$ when applying awounting poliGies. The iteTllS in Ihe finanGial ststeTnents where these judgetnenls have been rnade are as fr115.. . Impairnient Thé IruslÈ&s yÈady miÈw thÈ pÈrfoman¢é of ils assÈls to idéntify indications of impairmanL WhÈrè IhérÈ is evidence of impairment the fixed 888et is written down lo the recoverable amount and any impairm8nl bsses are charged to operating k)sses. lin the year there were no impairment losses). Uncertainty of estimation The trustees review ils estimate of the useful lives of depreciable assets 8t the enLI of each reporting year based on the physical situation and the expected ulilily of the assels.Uncertainties of these eslirnates relate lo escalèted wear of Some audio and mu8ieal 8quipm8nls. Uncertainli88 of th&88 estimates ar8 laktn into account in writing down the 28SÈts to 118 useful life. Going Concern Thé Irusl888 are awa of th8 Ilng&rfng effect of Covld-19 on ils r880urce8 1 as explaSn8d below - Rlsk & future assumptionsl,. but the board is assured that Trinity Baptist Church has adequate resources to continue oper8tions for the forseable future as explained below. The charlL8ble actlvlt18s are enllrely depEndent on conllnuing th&S & Off8ring8. A8 8 cons8qU8nc8. Ihe golng conc&rn basis is d8p&ndenl on th& future flow of th888 unc8rtaln fundlng str83ms. Accordingly, the Tru8188s hava obtained forecasts and, aft&r reviewing the financial for8casts for future p&riods to 31 D&c&mb&r 2023, thé Trustees are satisfled that, at the tlme of approving the financial statements, il is approprlate lo adopt the golng oncern basis in pParIng the financial statements. Other than these rnatters. the Trustees are not aware of any rn3terial nrtaInlIeS about the charity's ability to continue as a going concern. Risks and future assumptions Th8 charty is a public b8n8fit entity. As stated above, thè printipal uncÈrtainly currently fÈeing the charity is the impact of the ongoing global Covid.19 outbreak and subsequent stages and resurgence of this Virus. The charity raise ils funds moslly through the the congregants al church services. The Trustees and the Eyeculive M8nagerllenl Team continue to monitor the outbre8k In particularthe advic8 from th& UK Gov8mm8nt. The ¢harity continues lo mitigate this risk by-. offering video link sermons to congregants providing health and safely environment al church services increasing congregants confidence lo worship. 21
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 Income recognition All IneomÈ Is recognlsed once the Charity has Èntluemeni lo the income,. il is probabl& Ihat the Income r&Ldved, and Ihe amounl of income receivabl& can be measured reliably. Donallons 8r8 r8cogn188d onc8 r8C81ved. In lh8 8V8nt that a donatlon is subj8cI to condi1SDns that r8qulre a18v81 of performance before the Charity 18 enlilled to the fund8, the incom8 is d8ferr8d and not r8cognised until 8ilh8r Ihosa conditions are fully mel. Accounting fordeferred income and incorne received in advance There are no deferred or accnJÈd InoJme other than Coven2nt aid-lncome lax recoverabl& Ceived after th& year end. locatlng costs to actlvltles Direct costs that are specrficalty related lo an activty are allocated to that activity. Shared direct costs and support ¢osts are apwrtioned belween a¢tivitie5. The basis for apportionment, whid) is consi8lenUy applied, and proporknonate lo the cirtumslances, is:_ Staffing- on the basis of time spenl in connection with any particular activity. Staffing- on a per capita t>asis. based on the nurnber of of people employe(J within any partiular activty. Prem18es related cost8- on the proportion of floor area occupied by a pariicular activity. Non specific SUPPDrt Gosts on Ihe basis of Ihe usage of resources, In term8 of iaken, tapaclty used, r8quesl made or other measures considered by the Iruslees a8 appropriate. Estimalion techniques used in apportioning costs - the trustees apply what they consider lo be reasonable judgements In apw>rtioning costs. Tangible fixed assets Tangible fix8d assets are m8asur8d al their original cost valu8, or 8ubs8qu8nl revaluation, or if donated, as descrId above. C08t valué includès all costs &ended In bringing the a88èt Into fts Intendéd working condftlon. Depreciation ha5 been provided 3t the fcAlowing rates in order lo write off the assets to their anliGipated residual value over their estimated useful lives. Freehold pr&mises Plant and rna¢hinery O % straight linè 15% Reducing balance A regular annual revi8w of th8 lik81ihood of asset impaim&nl is und8rtaken. Is88 note 8bov8 on impairment) No depreclation is provid8d on freehold property and itnprovetnents b£cau$e It Is the practice to tnainlain the property in a continual state of sound repair. Accordingly. the life is so long and the residual value so high that the Trustees consider Ih3t depreciation calculated in accordance with accepted accounting stan(lards would be immal8rial. Debtors DeblDrs are m88sur8d atth8lr recover8bl8 amounts al th8 balance she8t dal&. Creditors cdItorS for supply of s&Mce$ are measured attransaction price. Olherfinantial liabilities, induding bank loans are initially measured atfair value of transaction c051s, and are tneasured subsequently ai atnorbsed c051$ using the effeGtive rate of interest method. 22
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 Cash and bank balances Cash by the ch8ri1y is included at th& amount Sctually held and counl&d al the y8ar 8nd. Bank balanc8S, whether in tredil or overdrawn, are 8hown at the amounts prop8rfy reconciled to th8 bank 8talement8. Le88lng and hlre purcha80 contract8 and commltments Assets held under finante leases and hi purthase contracts, which a those where substantially all the risks and rewards of ownership of Ihe 35set have passed to the charity. are capi131ised in the balanGe sheet 3nd depreciated over their useful liwe5. The corresponding lease or hire purchase obligation is Irealed in the balance sheet as a liability. Thé interest ebmÈnt of the rÈntal obligatlons is charged to the proflt and loss account ovÈr the wriod of thé lèasè and represents a constant proportion of the balance of cawtal repaytnents outstanding. Rentals paid under operating leases are charged lo income on 8 straight line basi5 over the lease term. Pensions. defined ¢ontributson schernes The charty operales a defined contribution pension s¢herts. ContributDns are tharged to the profrt and loss account as they become payable in accordance with the Tule5 of the scheme. Fund Accounting Unrestricted funds available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Thé charfty ha8 no Designated funds. RestricteLI funds are subjected lo restrictions on their expenditure imposed by the donor(Kthrough the terms of a ppeal or as irllplied by law. Th6re are no endowment funds. 2 Liability to taxatio The Twslees consider that the Gharity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance AGt 2010 for UK corpor8tion tsx purposes. Accor(lingly. the Charity is potentially exempt from tsxation in respect of income or capilal gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of th& Taxation of Chargea Gains Act 1992, to th8 exienl Ihal such Incom& or gains are apO18d exclusivÉly on the specific charitable objÈc18 of th& charity and for no other purpose. Value Added Tax is not r0verable by the charity. and is thef00 included in Ihe relevant Casts in thè Statement of Financial Attivitiés. 3 Winding up or dissolution of the charity If uwn ndIng up or dissolution of the charity thÈre main any assets, after the satisfaction of all dÈbls and liabilities. the assets represented by the accumu13ted fund shall be transferred lo some other ¢haritsble body or bodies having similarobjects to the charity. 4 SignifiGon¢e of finanGial instruments to the Gharitys position The Bank loan of £1,745,704 and a loan of £258,197 frotn the Baptist Group are secured on the Church's properties. The trustee5 are of Ihe opinion thatthe current market value5 Qf the propertie5. are far in excess of the loans. The trustees are of Ihe opinion that as the l)ans are more than covered by rnarketable propertses. the lenders withdrawal will not affect the opsralions of th& chanty. 23
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 5 Net surplus befor8 tax In tho fin8n¢l81 year 2025 2024 The net Sur5 before tax in the financial year is stated after ¢harging:_ Depreciation of owned fixed assets Pension costs Auditors, remuneration 44,641 27.161 6.500 53,726 24,831 6.500 2025 2024 Tol&l Funds Attumulated RÈvÈnue Funds bthvd Prior year adjustment As réstated- A¢curniJlatèd Revenue Fijncls lffivd Recognised gains and losses 6.700.842 6.740.779 140.000 6.700.842 100.639 6.600.779 100.063 6,801.481 6,700,842 6 IntÈrÈst payablÈ 2025 2024 Loan interest Write offs 128.939 117.4031 136.181 111,536 136.181 7 Staff cotsts and emoluments Sa18ry Costs 2025 2024 Gr088 Salarl8S 8xduding trus1888 and k8y m8nag8m8nl pÈr8onnÈl Employ8¢s National Insurance for all staff Employe8 operating costs of defined contribution pension schemes 411,008 379,880 40,531 36.829 27,161 24,831 Total salaries, wage5 and related costs 478 700 441,340 24
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 2025 2024 The average number of full time staff employed in the ye8rwas The estimated full equivalent number of all staff eMoyed in the year Was 13 13 13 The trustees received reTnuner8tion from the charityyear. Isee Note 91 8 Definod contribution pension schemes The tharity operates a defined Gontribulion pension schetne. the costs of whiGh are Shown above. The pension costs of personne15 etnployed on those actwities are directly allocated to those activities. A5 there was no movement in the restricted revenue SeNeS in the year. the pension costs is all charged to unrestricted revenue reserves. Any liabilites and assets associated with the sthetne are shown under debtDrs and creditors. 9 Remuneration and payments to Trustsos and porsons connected with them Three pastors received total remuneration of £156,000 during the year 12024.. £141,3331, exduding pension contrlbulions. One of these pastors is also a trUse and thÈ ChiÈf ExecuiivÈ OfflcÈr Df Ihe church. The remunerations were paid in 3ccDrdance with the chariws goveming docutnenL No Iruslees or person5 connected wrth Ihem received any remuneration from the charity, or any related entity. 10 Tangiblè fixèd as$èts Current Yèar Land and Buildings Plant & MaGhinery Total C08t Al 1 April 2024 Addltions 8,082,018 658.583 8,740,601 54,654 54,854 At 31 March 2025 8 082,018 713,237 8 795,255 Depreclatlon At 1 April 2024 Charge for thè yoar 597,939 354,138 44,641 952,077 44,841 At 31 March 2025 597.939 398,779 996,718 Net book value At 31 Mah 2025 7,484,079 314,4S8 7,798,$37 At 31 Mah 2024 7,484.079 304,445 7,788,524 25
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 Prior Year Land and 8ulldlna8 Plant & Machlnory Total Cost 02 April 2023 Additions 8.071,025 lo,3 627.883 30.700 8.698.908 41,693 31 March 2024 8,082.018 658,583 ,740,601 Depreciation 02 April 2023 Charge for the year I py adjustment 597,939 300.412 53.726 898.351 53,726 31 March 2024 597.939 354,138 952,077 Net book valuè 31 March 2024 7 484.079 304,445 7 788,524 01 Aprfl 2023 7,473,086 327,471 7,800,557 11 Dèbtors 2025 2024 Prep8yments and accrued income Other debtors 51.900 1.000.000 1,051,900 13,433 1.030,531 1,043,964 12 Cr¢di1Ors'. om¢*unts falling due wilhin on¢ y¢ar 2025 2024 Bank loan5 and overdrafts Accruals Finance le888 and HP contracts PAYE, NIC VAT and other laxé$ otr cr8ditors 340.147 13,000 16,857 27,049 8,118 405,170 376,460 6,500 27.046 410,006 13 Creditors.. amounts falling due after one year 2025 2024 Bank loan8 and ov&rdrafts 1,665,646 1,843,041 14 Revaluation reserve Current year unresin¢ieo Fund$ 2025 urrent year Ke$in¢teo Funds Current year Total Funds Prloryear Total Funds Currentyear 2025 2025 2024 At 1 Aprfl 2024 311.648 311,64B 311,646 At 31 March 2025 311,648 311,648 311,648 26
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 15 Movoment In revonu8 In tho yoar 2025 2024 At 1 April 2024 Surplus after tsx forthe year 6.389,193 100,639 6.289.130 100.063 At 31 MarGh 2025 6,489,832 6,389,193 16 No rolatsd partytransactlons ThÉr8 Were no transactions with r818l&d p8rb8s in the yèar, except with regard to Irust8es' r&mun8ralk)n, trusl888' exp8nses. IS8e n018 91 17 Partlculars ot how partlcularfunds are repre88nt8d by 888ets anil 118bllltfjes At 31 March 2025 Unre8trl¢tèd funds D8slgnat8d fund8 R8Strfct8d fund8 Total Fund8 Tangible Flxed Assets Current Assets 7,798,537 7,798,537 31.034 1405.1701 11.665.646) 1405,1701 11,665,646) Long Term Liabilities 5.727,721 31,034 5.727,721 At 1 Aprfl 2024 Unre8trlcted funds D8slgnat8d funds Restrfcted funds Total Funds Tangible Fixed Assets Current Assets 7.788.524 7,788,524 31.034 1410.0051 11.843.041) 1410,0051 11,843,041) Long Term Liabilities 5.535,478 31,034 5,535,478 27
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 18 Chango In total funds over the year a8 shown In Noto 17, 8naly8•d by IndlvSdual funds Fund8 brought forward from Movement In funds in 2025 Transfers between funds in 2025 Funds carried forward to 2026 See Note 19 un$trICted8ddeslt8d funds... Unreslrict&d R8v8nu& Fund8 Unrèstrictèd R8valualion R8serv& 6,358,163 311,648 100,839 6,458,802 311,648 Total unre¥tri¢ted and designated fund 6,669,811 100.639 6,770,450 Restricted fund5.". RestriGted fund5 31,034 31,034 Total r8Sttlctsd funds 31,034 31,034 Total charfty fund8 6,700,845 100.639 6,801,484 19 Analysi5 of rnovements in fund$ overthe yedr 45 $hown in Note 18 other Gain$ & Los$Ès 2025 Incomè Expenditure Mtsvemtnt in funds 2025 2025 2025 Unrestrictedanddesignated fvnds... Unrestricted Revenue Funds 1,747.936 I1.647,7) 100,639 1,747,936 1,647,297 100,639 Gain8 and losse8 are detailed in nol88 0,7, 0, O and O 20 Tho purp0808 for whl¢h the funds a8 detsllod In nots 18 ar8 held by th8 char6ty ar8'.- Unro5tri¢ted and designated ftJnds.'. These funds 8re he for the meeting the objectives of the charity. and to provide Unrestricted Revenue Funds reseDf*s for future activities, and , subi8cI lo charity 18gislalion, are fr88 from all reslrlthlons on IhÈir use. This fund rèpresents the unrestricted surplus arising on th& revaluation of the charity's assets. The purpose of these funds is described under the actounling policy Accounting for capital grants and fixed asset funds.. Unrestricted Revaluat Reserve Designatéd Fixed Assét Funds 28
TRINITY BAPTIST CHURCH Notes to the Accounts for the year ended 31 March 2025 Restricted funds... The purpose of these funds is described under the accounting policy Accounting for capital grants and fixed asset funds,. This fund represents the restricted Su[uS arising on the revaluation of the harity's assets. Restricted Fixed Asset Fund8 Restricted Revaluation Reserve 21 Ultimate Gontrolling party The charty is under the control of its leg81 mernbers. 29
TRINtrY BAPTIST CHURCH Detailed anatysis of in¢ome and txpenditure for the yeartnded 31 March 2025 as PU1r¢d by the SORP 2015 Thls an&lysls Is classlfled by conventlonal nomlnal d8scrlptlons and notbyacllvlty- 22 Donations, Grants and Logacies currentar UnrÈStri¢ted Fund¥ ¢urrwty•ar ¢uTh¢nt year Rt$tri¢ted Totsl Fund Funds Pri¢rY¢ar Totsl Funds 2025 2025 2025 2024 oirering3 & donations Tithes & WeeY offerings 1.257,134 1,257,134 1.279,106 Covenant d-1c0[e lax recoverable 268,776 268,776 253,884 Conference income 108,945 108,945 30,167 l other incom8 48,675 46,675 54,076 Total Ofterlngs & donatlons 1,683.530 1,683.530 1,617,233 Current year Unrnstrfctsd Funds Currentyear Cutrent year R•strldgd Total Funds Fund$ Prioryear Toial Funds 2025 2025 2025 2024 Annual Thanksglvlng Annu*l Th8nksgiving 52,511 52,511 60,385 Total Annual That)ksglvlno S2.511 S2,511 60,385 Total Donations, Grants and Lègaciès Totsl Donatlons, Grants and Legacles 1,736.041 1,736,041 1,677,618 30
TRINtrY BAPTIST CHURCH Detailed anatysis of in¢ome and txpenditure for the yeartnded 31 March 2025 as PU1r¢d by the SORP 2015 23 Income from charitable activities. Trading Activities Currentyear Currnnty•ar Unrestricted Funds Currnnty•ar Restrict8d Funds Curr•ntyoar Total Fundy PriorY•ar Total funds 2025 2025 2025 2024 Prfmary puryo$e and anclllary tradlng Letting of propety for charitae purposes 11,776 11,776 21,561 Total Prfmary purposa and anclllary tradSng 11.776 11,776 21.561 24 Total Income from thatable acvItIeS ¢urren¢year UnrÈStricted Fund5 urrentyear Rtstriet•d Funds current wr Total Fund Prfor Yoar Curronty8ar Tolal Fund 2025 2025 2025 Total in¢omo from chariiaUo tradin9 11,776 11,776 21.561 Total from charltable actlvftfies 11.7T6 11,776 21,561 25 Investmenl in¢r•me ¢urrgniyaar Unr•stricted Funds Currentar Restrict8d Funds GUnI year Total Fund8 Prf¢rY¢ar Tolal Funds 2025 2025 2025 2024 Bank Inierèsi Rèceivatit 119 810 Total investment income 119 119 810 31
TRINtTY BAPTIST CHURCH Detailed anatysis of in¢ome and expenditure for the yeartnded 31 March 2025 a$ pU1r¢d by the SORP 2015 26 Expenditure on charitablè activitie$- Direct spènding urrEntar Untsstricted Funds urtar Re$trieted Funds uThènt year Prf¢rY84r Total Fund Totsl FuThds Current Year 2025 2025 2025 Gross wagts and s8lari8s- charitable 226,713 226,713 207,297 Etnployers, Nl Charitable HGtivities Oefined conlribulion pension costs tharitsble aGtivities Travel and Subsistence Chsritsble Actiwtie5 Myrketing and advertising of Gharitsble servicÈ8 Media & TV ministriÈ8lvideolaudio Donations & charity Conf8renc8S,S8minars & training Motor expense5 Music expense Serviceslretreat & church expense Welfarelfuneralsltnarr13geslso¢lal Children & youth work 22,204 22,204 21,285 16,805 16,805 14,705 34,920 34,920 41,988 3,721 3,721 24,658 10,449 44,637 30,63B 107,041 27,013 89,926 78,241 24,658 10,449 44,637 30,638 107,041 27.013 89,926 78,241 14,649 140,54ri 34,506 16,052 110,910 33.616 150,748 40,619 Total direct spending 716.966 716.966 826,915 32
TRINtTY BAPTIST CHURCH Detailed anatysis of in¢ome and expenditure for the yeartnded 31 March 2025 a$ pU1r¢d by the SORP 2015 27 Support costs for charitable activities Curientyear Unrestricted Funds Currenty•ar Re%trictEd Funds CuThenl yoar Prf¢r Ygar Total Fund Total Funds Current Year 2025 2025 2025 2024 Employment & related activities Salaries. Administrative staff Defined conlribulion pension cost- administrative staff Employers. Nl - Administrativ8 Stsff Training and welfare- sta Guest SP8aker8 & preachers Scholarship & Grants Missions abroad 184,295 184,295 172,583 10,356 10,356 10,126 18,327 18,327 15,344 4,395 27,061 4,945 53,492 65,916 6,607 89,720 65,916 6,607 B9,720 Volunteercosts Vdunteers. expen5e5 24,080 24,080 16,480 Promls8s Expenses Rent,Ra1&8 and water charges Light and heat Cleaning and waste management pmIS&S r8pairs, ren8W818 and maintenance Council Tax 68,264 94,802 48,206 68,264 94,B02 48,206 51,167 38,032 38,599 26,804 26,804 15,355 4,967 4,967 2,737 AdminIstive overfjeads Telephone, fax and inlemel Printing,postage and station&ry Subscriptions Equiptnent leasing & mainten8nce Advertising and marketing Sundry expense8 Equipment,repairs,expenses and maintenance Computer consumables 9,641 11,775 8,548 8,751 9,041 11,775 8,548 8,751 7,805 15,328 6,874 23.068 4,555 1,569 9,554 4,327 7,448 6,426 7,448 6,426 Flnancial costs Bank Gharges Loan interest DeptIation & Amortisation in total for wrfte offs 4,035 128,939 44,641 4.035 128,939 44,641 117,4031 4,203 136,181 53,726 Support ¢O$ts before reallocation 855.156 855.156 717,506 Totsl support CO8ts- Current Yèar 655,156 855,156 717,506 The b8$is of alb¢81ion of ¢osl$ between 8¢1ivilie¥ is atrs¢rib8d under a¢¢ounliny poli¢i&s JI the expenditure in ihe pri year wa5 unreslrida. 33
TRINtTY BAPTIST CHURCH Detailed anatysis of in¢ome and expenditure for the yeartnded 31 March 2025 a$ pU1r¢d by the SORP 2015 28 Other Expenditure- Governance costs curr8ntar Unmstrf¢tsd Funds Currqntyar eurr•nty•ar Total Fund5 PriorY•ar Total FUTh current Year Funds 2025 2025 2025 2024 Auditor's fees Ac¢ountan¢y fees Professional f88S Insuran 6,500 15,730 35,016 17,929 6,500 15,730 35,016 17,929 6,500 16,100 18.050 14,855 Total Governance Costs 75.17S 75,173 55,505 JI the 8xp&ndiiure in tha pdor year was unrgsiriued. 29 Total Charitable expenditure Currnnty•ar UnrÈstri¢ted Fund$ Currnnty•ar Curr•ntyoar PrfcJrY•ar Re$tri¢ted Total Fund Totsl FuThds Funds Curr•nt Yr 2025 2025 2025 Totsl direct spending Total support ¢osts Total Governance cos18 716,966 855,156 75,175 716,966 855,156 75,175 826,915 717,506 55,505 Total ¢harit8bl8 oApondilur0 1.647,297 1.647297 1.599,926 I th8 expenditure in the prior year ¥6 unr88lrictsd. Priory unrtriC*0 Funds PriorY•&r Rg¥lrid•d Funds Prior Y•ar Total Funds PAor Year 2024 2024 2024 Total direct Snding Total support CO8t8 Totsl Govemance costs 826,915 717,506 55,505 826,915 717.506 55,505 Total charftable expendlture 1,599,926 1,599.926 34
END OF REPORT 35