Charity number 1191993 Re￿rt of the Trustees. the accounts and the independent examiner's rewrt for the year to 31" March 2023 for Maidstone Road Baptist Church, Felixstowe. Conienls Pag¢ Index Charity tnfornJation Trustee retK)rt Inde￿Ident e￿￿Miner'S rewyrt Receipts and payments Swement of assets and liabilities Notes to the accounts Maidstone Road Baptist ChurclL Felixstowe For the year to 31° March 2023 CHARITY tNFORMATtON. as at 7th November 2023 Charity name and number Maidstone Road Baptist Church, F¢lixstowe Registered Charity 1191993 Common narnes Maidstone Road Baptist Church or MRBC Trustees As at the date of signing the re￿rt. Dr Andrew Marfleet Revd Dr James Reid Ms Delyth Mayhew Mr Michael Warner Mr lan Battiste Ms Corinne Stockdale Mr Stephen Lineham aP￿inted 26110120 • . + appointed 26110120(resigned 2r2123) apry)inted 26110120 * appoinied 26110120 •.+ appointed 26110120 * appointed 26110120 * aP￿Inted 26110120 * * Were reapw)inted at the Church Meetin8 on 1611 If21 + Were reappointed at the Church M¢¢ting on 15111122 Goveming Document The charity was formed and r¢gister¢d as a Charitable Incorporated Organisation on 26 (ktober 2020. Prin¢tpal Addr¢ss Maidst(m¢ Road Baptist ChU￿h. Felixstowe, Suffoll IPI I 9ED Registration detatls Charity Commi&sion Companies House 1191993 CE023101 Main charity bank CAF Banl 25 Kings Hill Avenue. Kings Hill, West Malling. ME194JQ Independent examiner MTG. P. J. Cooper 123 Cliff Ro4 Felixstowe. IPI19SA Annual rt f the trustees of Maidstone Road B tist Churc For the ear to 31° March 2023 Felixstowe l. Structur4 management and governing document The trustees who held otTice in the year and up to the date of this re￿)rt and the governing diKument are d¢tsil¢d in the charity inforniation on page 2. b. The truslees consist of the ministerfs) (if any). the elders and the deacons. These appointments are made by the members. New trustees are inducted by the existing trustee trfxly. 2. Objectives and activities The main objectives of the charity as set out in its governtng document are: The advancement of the Christian fatth aCC￿rding to the principles of the Baptist denomination. b. The church may also advance education and cany out other charitable purposes in the Unlted Kingdom andlor other parts of ihe world. 3. Achievements and perforniance The main achievements of the chartty in the accounting period were: The church has been meeting regularly on Sunday mornings and attendances have kept up well. We still use Zijom for ChU￿h prayer meeting4 and for members, meetings during the winter months. b. Our mini5tcr. Rcvd Dr Mark Reid. retired on 2nd February 2023. The church has apwinted a Moderator. Revd Simon Ha￿ls. to work with the leadership as we I￿k for a new minister. A church profile has been circulated to help with this proce5S. The church has agreed to sell the prewit Manse and purchase a more suitable building kfore a new mintster arrives. d. A range of visitin8 SF*akers have joined us for Sunday services" we have also used video semons. Members of the leadership team often lead worship and occasionally preach. Support for our regular home groups h&5 been g(K)d. The monthly tea and cake events have proved wipular. and attract some nonrychurch goers. f. The nurnber of mem￿rS at 31° March 2023 was 54 (58 at 31 March 2022) 4. Financial review The policy of the charity is to maintain 3 months of expenditure (typically about £16K) c&th reserves. As at 31 M￿h 2023. the cash reserves were £9K which meant that th¢ policy was nol achieved. Th¢ tTuslees are taking steps to rectify this. b. During the year to 31° March 2023. there was a net inflow of funds of £7K (compared to £2K in the previou5 accounting period. which included the initial transf￿ of £24K from the unincorporated association Maidstone Road Baptist Church). c. Monetary Control i. All moncy rcc¢ived during the weekly collection is checked by 2 people. ii. All payments made throu8h the bank are signed by 2 people. ## ## aidstone Road Ba t Church Felixslovrn and nt •eeount March 20 Re￿ Gffts and ttonabor Total rece .871 78.015 Pa￿￿entS S818ry". mlrtstertd Salary." olher Sw8ranN8bon 28.247 2.897 742 W.742 3•A29 *429 Fatsfjc Churt* (P￿r, **r. Churth rèpatrs arwj 1?.rn 3.022 21.￿8 21. Evanis. adi¥theF arxl hr6tAt81ty Alministrdtyon h¢￿Se￿￿ Costs of$#￿ ofma 618 2.914 4M75 c>)naticrf)s". missior 10.t45 Tc481 èxper 89) 75.951 (71951} ol recaptsllpaymentsi 7.321 Cash Lqsl )tarer¥l Cash futsjs Farerhl ## ## ## |As at31st_Marc|h2023|| |---|---|---| ||As at31st|Asat 3lsl| ||[,1.lICh2023|lriiitcl2022| ||t|| |Bank accounts||| |CAFbank|dAQA|2,063| |Santander bank|0|1| ||9 385|2"064| |Other monetaryassets||| |Giftaidtax refundsdue|10.294|11.438| |Assets retained for the charity's ownuse:||| |The churchisthe beneficial ownerofthe following assets||| |(valuetlatinsurance value)||| |Church premises atttilaidstone Road|1,585.299|1,545.29S| |Churchmanseat St Kilda, Falcon Street|335,400|335.400| |Fixtures, furniture andequrpment|85,692|85,692| ||2,006,391|2.006.391| ## ## Maidstone Road Ba istc Notes to the accounts l. Basis of accounts. These accounts have been prePar￿j on the knipts and payments" basis and a￿rd with section 133 of the Charities Act 2011. 2. Remuneration paid to trustees and (rther related parties. Revd Dr James Mark Rei4 a trustee. was employed fiill time as the minister to the church during the year to 31 March 2023. He resigned on 2 Febtiwy 2023. The stipend w&8 £24.068 (£28.247 in the ye4r to 31. March 2022) and he also benefited from the use of the manse. b. Rernun¢ration was not paid to any other trustee. Minor reimbursements were paid to for expenses Incurr￿ personally. 3. Legal ownership of property The charity owns 2 propertie& narnely i. The church building in Maidstone Rrf Felixslowe. IPI19ED ii. The manse. St Kild￿ Falcon Strrt Felixstowe. IPI19DR. b. The charity is ben¢fi¢ially entitled to all aspects of ￿th properties, but both are held in the narne of The Baptist Union. who holds thern as trustees for this charity. The church building is held in The Fairbairn Tn￿t. The manse is held in The Holborn T￿￿t. Pa8e 8