MILTON BAPTIST CHURCH UNAUDITED FINANCIAL STATEMENTS PERIOD ENDED 31 DECEMBER 2025 Charity Number 1191696
MILTON BAPTIST CHURCH PERIOD ENDED 31 DECEMBER 2025 ten Reference and Adnwnistrative details TNstees' knnual Rewjrt Indepondent Lxaminefs Report Slatemenl of Receipts and Payments Statemenl of Assets and Liabilities
MILTON BAPTIST CHURCH REFERENCE AND ADMINISTRATIVE DETAILS PERIOD ENDED 31 DECEMBER 2025 Tho church is registered th the Charity Commission Reference Number 1191696 and is govemed by a Constitution dated 12 July 2020 . Church Addrt85 Mllton Baposl Church Baytree Road Milton Weslon4uper-Mare BS22 8HJ Trustsgs Mrs Jill Bradley (Appointed 28th Seplemter 2025) Mrs Elspeth Hamilton Mr Roger Parker {Appointed 28th September 2025 Mrs Yvonne Parker IAppoinled 28th September 2025 Mrs Aison Parsons (Resigned 28th September 20251 Mr Paul Salmons (Resigned 1st November 20251 Mr Mark SFence Mr Jon Voyle Mrs Sarah Ve Mr Steve Wotton Property Trustees West of England Bapb"sl Tnjsl Company Ltd Little Stoke Baptist Church, lfjngsway, LIe Stoke, Bristol, BS34 6JW Registered Charity Number 1092446 Compary Limited by Guarantee Number 188973 Bankorn HSBC, 30 High Street. WestoTrsuper-Mare. BS23 1JE Indgpendent Examlner Mr Peter Needham Page 1
MILTON BAPTIST CHURCH TRUSTEES, REPORT PERIOD ENDED 31 DECEMBER 2025 The Trustees have pleasure in presenting their rem together Vth the Receipts and Payment Aecount for the year lo 31st December 2025, and the Ststement of Assets and Liabilibes at 31st December 2025. Structuro, Goveman¢e and Management The Chanty is govemed ty a Constitution (dated ju 2020). Members of ¢he chufch are accepted in accordance thilh the Constitution lch requires them lo profess repentance towards God and, faith in Our Lord Jesus Christ and hav& lives that bear evidence of their Christian professic. The MembeTS' Meebng normally takes place six times per year and has resFonsibilty for the overall policy of the church. In accordance with the Consb"tution, Ihe membeFS appoint up to 1ve Trustees usually for a period of three years, who tjether with the Minister (who is also 8ppointe(I by the Members) are responsible for the day to day njnning of the church's work and witness, and the financial and legal aspects of the charsty. For the election of Trustees the Constitution u[re$ advanced notice to be given over two weeks then nomination close fourteen days before the electton. with each person preparing a profile which is displayed o weeks prior lo the eleth"on. At the election nominees musl receive al least 51% of the cast votes lo be elected. Trustees are encouraged to attend tKJth regional and national ath"vitigS to gn a wder understanding irf the re. Relevant matters may bè submrtted to the Members, Meeting ty the Trustees for guidance. or may be raised ty members for further consideration by the Truslees. Though the Consb"lution pemiils decisiong lo be made al Members, Meth"ngs by appropriate maioiibes. the thurch seeks to *rJrk by consensus WreVer possible. The Trustees have rnade an assessment of the major risks facing the church, and are satisfied that there are licies in place to minimise these rrsks. The charity has a continual prcws of rewewng risk exposure, over ent years a fonmal Child Protection Policy has been prepar&J whith is regulady revwed and updated by the church. Policies relating to other vulnerable people are being conskdered. The Trustees have complied wtth their duty under Charities Act 2011 to have due regard to public benefft guidance published by the Chanty Commission. ObJKtives and Actlvltles The principal object of the charity is the advancement of the Christian fatiti according lo the prilpleS of the Baptist derminatiOn to include the advancement of education, communTty sem. and such other general charitsble purposes in such parts of the United Kingdom and the w0d as the chutth shall detemine. All members are encouraged lo tske an appropriate part in ts sritual and wxbcal LkS involved in the furtherance of the Charitable objeth"ves. The church vision is to: LOVE GOD. LOVE EACH OTHER, LOVE WESTON Our Culture Ststement and Discipleship Process seek to grow 'Disciples who mako Disciples. as 'Family on a Mission. Page 2
MILTON BAPTIST CHURCH TRUSTEES, REPORT PERIOD ENDED 31 DECEMBER 2025 The church occupie$ premises which are held by Wesl of England Baptist Trust Company Ltd, on trust$ vthich are entirely compatible with the above object. In adOn the church owns a resMYenb"al propety also held in trusl by the West of England Baptist Trusl Company (Westl Ltd. In order to achieve the principal objective which is set ¢)th above. the church prowdes a variety of opportunthes for people to spend time with Jesus. become like Jesus and do what did. This is open lo those wthin artd OLtside the membership. The aim is lo show the love of Jesus Christ in both word and deed and to bring people into a closer rdationship Him as Iing L(Kd. Central to the work and tnesS of the church is the provision of regular pu1¢ services of Christian worship. these servffts take place each SUray, nomially al 10.30 a.m. There are also occasional services al other limes which are advertised in the weekly buliets"n, MBC News. and on the website www.Milton-baptist.org.uk. There is a full children's programme during the moming serwces. The church seeks lo be a friendly and wolcoming communty and anybody is free to atterKI any of these servi. The church runs a series of Di8¢ipleship Groups for the growth of faith and discipleship in the church building or homes of some members, and further details ofthese can be obtsined from the Trustees on request, or al the Sunday services of worship. The church is reSnsIble for a Toddler Group which meets in the churth premises ¢)n Wednesdays. vmth the purFo$e of assisting the mmunty and demonstrating the love of Jesus Christ. The church guladY runs Alpha courses for peoFAe interested in discovering more 8boul Christs"anty. The church runs various events for young people and for those in later years. We host Free Film Nights, Coffee Slop and Coke and Crafting momings for the community. We are in the pr¢)cess of Launching a scheme in partnership wth Mead Vale Primary School providing several hours a Eek of vdunteers lo hear children are struggling lo read. The church operates systems lo ensu that all pewe wothing th children and vulnerable adurts are appropriatety trained and vetted wth regard to the Criminal RerdS Bureau. The sh¢)ws the Baptist Union Level 1 safeguarding wdeo each year duriNJ one of the services and Baptist Union Level 2 and 3 training is given to those involved with children and vulnerable adutts. The church leases a building in Wc¥te lCh, in eonjunGtion th other Baptist Churches in Weston, il operates lo providing a place where'iys ok not to be in the fomi of "Renew 193". During the year the Charity sold the manse in PovAs Close and wrchased a rW Ipety in Hugh8nden Road. It was agreed that the purchase W£Id take place ah&1 of the sale on that b85iS that Paul Salmons. one of the Trustees. agieed to promde an inlerest-free bridging loan of £495.000. The loan was provided in February, £135,IJOO beirvJ repaid in March and the balance in Novemberfollowng the sale of Powis Close. Other Related Party transactions during the year iude donations of £54.780. reimbursement of expenses £127 and mission suppK)rt of £360. Page 3
MILTON BAPTIST CHURCH TRUSTEES, REPORT PERIOD ENDED 31 DECEMBER 2025 Achievem•nts and Porfomian¢e The chureh does not measure success of rts prcgrammes only in wmbers. indLKling financial numbws, but also in how we are becoming more like Jesus arKI introducing Him lo others. Whilst difficult lo measure the Trustees recognise that 2025 was a yearwith really encouraging signs of growth y4n the church. Particularfy in terns of sunday attendance. conversions, baptisms, number of peoFAe attending discipleship groups and serving in the lrfe of tho church. 11 is with farth arKI e¢teMerrt that we continue to embrace these missional purposes in 2026 . In 2025 13 people came to faith in Jesus. others retUrd to farth and m¢)re began lo take part in the church ommunty. In 2025 net membership redu from 112 to 108. 24 MeMl wpre added and 28 members left. Financlal Revi8W The church continues lo raise the funds which il needs to cary on its actr'vities from within ils own membership and congregab"on. No wder public appeal was made for funds during the year. The church is fully responsible for the skn"Fend and housing costs of the Pastor. Revd Dr Louise Luft along with Part Time Administrator and Temporary Part Time Children Youth 8rbJ Family AdministratorlFaalitator. These are all paid for by the church. The ¢hur¢h continues to maintain its membership wth the wder Baptist family through the Wesl of England Baptist ASSDciation and the Baptist Union of Gre81 Britain. In the 12 months to 31st December 2025 it supported Baptist missionary work thr(yJgh (k)n*ions amnting to £5,426 for Partnership in Mission {2024 £4,932) and £5,400 for BMS Wodd Mission12024 £4.9381. In additi.on the church supw)rts those from within thg fellowship who are involved in a variety of mission fidds throughout the world through agencies like BMS Worfd Mission Action Teams and Youth Wrth 8 Mission. The support during 12 months to 31st December 2025 was £11,196 (2024 £15,449). The Morgan famity who worshipwl al Milton before volL¢nteering with YWAM being a receiver of most of this support via a paYrrnt into their Stewardship accounL The church is very fortunate in having peOe vtho are wlling to gtve their time and talents to support its lrfe and work. Whether it be leading DIlpleShip Groups, setb.ng up and packing away for seNiees and meetings, providing refreshments. making music, welcoming people into the life of the church in 8ny other way- day tsy day. This 15 truty appreciated arKI the churth w5hes lo record its thanks lo all our members and friends for their supporL The financial results for the year, logetherwth a summary of the accounbng Folicies adopted are set out in the accompanying firtancial statements. The Truste8s have adopted 8 Reseryes Policy which requires 3 months of expenditure lo be held in reserve. This will allow the Charity to continue operab"rrfJ for a minimal period of th.me should giving reduce. The value of reserves Mll be monrtored on a regular basis in the light of current giving levels. items of expendtture, arKI annually, as part of the budget process. The Trustees believe that the reserves should be at least at a level to ensure the charity can run efficienY and meet the needs of the beneficiaries. At the Balance Sheet date the Gen¢ral Fund amounted to £66.481 {December 2024 £207.8691 which is above the reswves policy quirerrent of £38.600 based on 2026 budget. The General Fund reduced significanly during the year wlh Fund8 bèing u8ed to purchase the new Manse 1¢h is shown as an"Asset taIned fof the ¢hurch's own use" The church ntinUeS to contribute towards the opeth.on of the Renew Wellbeing Café in th8 communtty. Page 4
MILTON BAPTIST CHURCH TRUSTEES, REPORT PERIOD ENDED 31 DECEMBER 2025 The Trustees are satisfied that the Charity has sufficient reserves at the Balance Sheet date. tog&thgrwih ongoing income anticipated. to enable the church to functÉon effectively in the coming year. Statement of Trusttss responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statemènts in accordance th the applicable law and United Kingdom Accounting Standards {United lQngdom Generally Accepted Accounting Practicel. The law applicable to cttaritres in England & Wales rg4uir6s the Trustees to prepare financial stslements for each year which give a tNe and fair view of the stste of affairs of the charity and of the income ra$our¢es and application of resources of the charity for that pen"thJ. In preparing these financtal stalgments, the Trustees are required to". Select suitable accounting pdicies and then appty them Consistend, Observe the methods and priwples in the Charibes SORP: Make judgement and estimates that are reasonatrAe and kyiident" Stale whether applicable UK Accounts"ng Standards have been fotlowed. subFct to any material departures disclosed and explained in the financial statements.. Prepare the financial statements on the going concem basis unless it 1$ inappropriate to presume that the charitable compary wll continue in business. The Trustees xre responsible for keèping propef aecounting records that disclose reasonable acGuracy at any time the financial position of the charity and enable them to ensure that the financial stslements comply with the Chafilies Act 2011, the Chanty {Accounts arKI Reports) Regulations and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for lakn'ng reasonable steps ts the prevention and dettion of fraud and other irTegularib"es. Approved by the Trustees and signed on their behaw by.. Trustee .2026 Page 5
MILTON BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES PERIOD ENDED 31 DECEMBER 2025 Independent examlnèrfs report to the Trustees of Milton Bapllst Church I report lo the Trustees on my examination of the accounts of the Milton Bapts'st Church fortho period gnded 31 December 2025. Responslbllltles and basls of report As the ¢harity Trustees of the Charity you are resEnsible for the preparation of the accounts in accord8nce th the requirements of the Charibes Acl 20111'the ACYI. I report in res of my examination of the Char(ty's accounts c8rried out under tion 145 of the 2011 Act and in carry'ng out my examination I have f(Alowed all the applicable th"rections given by the Charity commissi under section 14515llbl of the Act. Independent examlnoe8 Statement I have txjmpleted my examination. I confirm thal no merial Matte come to my attention in connection with the examination giving me cause to believe that in any matefial respecL accounting re¢dS not kept in pect of the Chanty a$ required by section 130 of the Act.. or the accounts do not accord those records" or the ac¢ounts do not comply wth the applicable requirements conceming Ihe fomi and content of accounts sel out in the charib.es (Accounts and RepLVts) Regulations 2008 other than any requirement th81 the accounts g a Irue and fair view which is not a matter considered as part of an indetendenl examination. I have no concems and have come across no other matt*s in cnectIon with the examFnation to which attention should be dr8vm in this report in der tr) enable a proper understsndiThJ of the accounts lo be reached. Peter Needham Page 6
MILTON BApnsfcHURCNOO YEAR ENDED31 DECEMBER 2025 RECEIPTSANO PAYMENTSACCOUNT 12 M1031 LwÈnr ilnrestrtted ReStrK Totsi Funds Tctsi Funds Fu Fu 2024 RECEIPT5 Donations GiftAvJ Recewj Charttable actl¥ltle5 Roomhire & Fee5 In¥estr(n lett1 Income Interest retevd SubTotal 15)3 21.156 2&n9 16).222 2L156 126.225 10.298 L4X) 2,168 195394 IL7fD 168 IW75 Z&719 173.737 etsale5 and related loans BryJwngLoan to puriha5e new Manse Netreceiptlromsale po$00$e 495X4XI 36L892 495m) 361B92 856A92 TOTAL RECEIPTS Im3.467 2B.719 1.052.186 17a.737 PAYMENTS Chartsblean Grants made Partner5hlp Mlsslon BM5Wortd MIS0 Mlssion and•therdwatv)n5 53 4.932 4.938 13.983 24W9 24.779 Dlrertcosts Sakrles PÈnsiOn Defi¢itpayments Staff tra¥el costs Staff hou&n¥cosrs Youthwork Evangellsm Children'5work Otherffllnlstrycosts Support ¢ost5 Renew 193 Buildi c Heatand Llzht M31ntenanc4 repair5and CnIng Equipment nwrantÈ 5L656 io 1.773 13 7.217 L942 IOA53 Llgs 1.371 10.853 1371 L639 1153 13A76 10.iB3 IL893 33,745 13,476 IOXB3 53.418 33,745 58 ,471 7,209 11.926 41549 Trainingand DevekipNnt off Costs Bartk¢harge5 GOVernae bT<)tdl 3.781 12A53 192 2,495 S,S41 165 1,116 170,2&S 11453 192 189,267 41.62Y %setpur¢ha5es related loan tepèyrm pufchaseof Hu8henden Road 8rfdÉingb3n repant 491.692 495.L 491.692 49s.LUJ 986.691 TOTAL PAYMEFirs 1.175.$59 4L629 1.217.588 17D.256 NETRECEIPTyIPAyMEPSl 1152A921 {119101 1165.)2J 3.471 FundTransFer 113Ifj01 C35h funds lJathuaty201 231023 1232 23a.2S5 22*n4 Cash ftsnd$31 December2025 1,372 67.853 233.255 Page?
MILTON BAPtISTCHURCH 00 YEAR ENDED 31 DECEMBER 2025 STATEMENTOFASSETSAtr4D LNBILm£s ilnrestsscted Deygnaied Re5trx*d Funds Funds funds Total Funds 2025 Total Funds 2024 C3sh Funds Bank and cash balarKes 66.481 L372 67%53 233.255 Other Monetary assets Gttd natyetclaimed 6.313 6.313 6313 6313 3.278 3.278 SSÈts reT3ined ferthe thurth'sown use Church Buildlng lat cost in 19991 23 Hu8henden Road lat costin 202SI 7 Pomrisclose lat costl L250,C(X) 491.692 1.250,C 491,692 1,250,D)J 1.741,692 L741.692 1.4SO.(XYJ FUNO BALANCESAS AT31 DECEMBER 2025 Batance I January 2025 Reteipts Balance 31 Decembe¥ 2025 Payrnents Transfer5 Unre5trided funds Oesi8n3ted funds Extemal 8WlnB Pow15 Fund Fabric Fund )13r Fun 1676 3.974 12,6161 13.9741 16.5041 li1.0) iiio) 24.1$4 124,1541 General Fund 207 1023.467 ILISL&J51 113,0501 66.481 Totsi Unre#rfeted funds 23223 IJ123M67 IL175,9591 I,LoI 66A81 Restricted funds 23 Hughenden Road Repair Barnabas Fund 2&499 14L5491 .¢JS0 L232 372 1.232 28.719 141,6291 L372 Totsi 233.255 I.OS2.It 11,217.5881 6153 sign on behalf of the tnJ5te5s0n._.. Trustse 221212U2 PaEe 8