Revive Baptist Church Leeds CIO
Charity number 1192592
Annual Report and Financial Statements
for the year ended 31 December 2024
Revive Baptist Church Leeds CIO
Annual Report and Financial Statements for the year ended 31 December 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Receipts and payments account | 4 |
| Statement of assets and liabilities | 5 |
| Notes to the accounts | 6 to 7 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Revive Baptist Church Leeds CIO
Trustees' report for the year ended 31 December 2024
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Simon Thompson Paul Tapper Simon Brentford Treasurer Charlotte Naylor Davis Luisa Bennett
Resigned April 2024
Appointed May 2023 Appointed July 2023
Charity number
1192592
Registered in England and Wales
Registered and principal address
Bankers
24 The Turnways Triodos Bank Leeds Deanery Road LS6 3DU Bristol BS1 5AS
Accountants West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) association formed on 30 November 2020 and is governed by a constitution.
Method of recruitment and appointment of trustees
The trustees are appointed by the members of the charity at an AGM or any other members' meeting during the year.
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Revive Baptist Church Leeds CIO
Trustees' report (continued) for the year ended 31 December 2024
Objectives and activities
The principal purposes of the Church are:-
- l The advancement of the Christian faith according to the principles of the Baptist denomination. l The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
Public benefit statement
In setting our objectives and planning our activities our trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular advancement of the Christian faith.
Achievements and performance
Staffing and governance
-
l Emma King and Charlotte Naylor Davis continue to work for Revive
-
l After much deliberation and prayer, we offered Charlotte the formal role of Lay Minister, to lead us into the future. It’s a subtle difference from her previous role, but it is an important shift in emphasis and our structure
-
l After many years of service, our Treasurer Paul stood down from the Support Team and Trustees. We are grateful for our new Treasurer, Simon, who stepped in as a worthy replacement.
-
l Official Membership remained steady at 34. We have many other regular attendees who are not official Members, but who play an active role in church life.
Sundays
-
l Throughout the year we continued with our sentness meetings, hearing from and praying for people in our community. We also had some film nights.
-
l We enjoyed our monthly All Age meeting, with food and fun activities for all the family
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l In the spring we continued to look at parables
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l From the summer onwards, we focussed on atonement, with guest speakers James Sholl and Simon Hall
Other Activities
-
l Weekend away in Osmotherley with David Cole
-
l We had a presence at Leeds Pride
-
l Social events
Financial review
The net receipts for the year were £1,005, including net receipts of £1,108 on unrestricted funds and net payments of £103 on restricted funds.
Reserves policy
The charity's free reserves, at the year end were £16,987.
The Trustees of Revive Baptist Church recognise that reserves are needed to ensure the church is able to fulfil its financial obligations despite uncertain and variable income. The target amount of money to be held as reserves is equal to the total committed funds. This should include any notice periods for any employees, and any other committed future expenditure (e.g.- building lease, etc), plus an amount for contingencies.
The notice period for a minister is three or six months. As a simplified calculation for the target reserves level we will aim for six months of our total costs as that would comfortably cover any redundancy payments and other commitments. Staff notice periods are one month.
Approved by the board of trustees on 14/4/2025
Simon Brentford (Trustee)
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Revive Baptist Church Leeds CIO
Receipts and payments account
for the year ended 31 December 2024
| Notes 2024 Unrestricted funds £ Receipts Grants and donations (2) 20,427 Weekend away income 2,670 Events income - Bank interest 82 Total receipts 23,179 Payments Salaries 15,917 Payroll charges 390 Materials and resources 74 Website, IT and mobile 240 Weekend away costs 3,242 Events 160 Insurance 197 Out of pocket expenses 44 Conferences and training 80 Donations to others 1,009 Bank charges 61 Accountancy 420 Licences 237 Total payments 22,071 Net receipts / (payments) 1,108 Fund balances brought forward 15,879 Fund balances carried forward (3) 16,987 |
2024 Restricted funds £ - - - - - - - - - - - - - - 103 - - - 103 (103) 103 - |
2024 Total funds £ 20,427 2,670 - 82 23,179 15,917 390 74 240 3,242 160 197 44 80 1,112 61 420 237 22,174 1,005 15,982 16,987 |
2023 Total funds £ 15,578 2,025 34 85 17,722 14,628 360 - 218 2,557 1,238 197 75 - 944 52 276 227 20,772 (3,050) 19,032 15,982 |
|---|---|---|---|
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Revive Baptist Church Leeds CIO
Statement of assets and liabilities
| as at 31 December 2024 2024 Unrestricted £ Cash funds Cash at bank 16,903 Cash in hand 84 Total cash funds 16,987 Debtors and prepayments Prepayments Liabilities Accruals |
2024 Restricted £ - - - |
2024 Total £ 16,903 84 16,987 2024 £ 247 247 2024 £ 444 444 |
2023 Total £ 15,898 84 15,982 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 14/4/2025
Simon Brentford (Trustee)
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Revive Baptist Church Leeds CIO
Notes to the accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Revive Baptist Church Leeds CIO
Notes to the accounts continued
for the year ended 31 December 2024
| 2 Grants and donations Gift Aid General donations 3 Restricted funds Eastern Baptist Association Fund name Eastern Baptist Association |
2024 Unrestricted funds £ 5,127 15,300 20,427 Balance b/f Incoming £ £ 103 - 103 - Purpose of restriction Towards the 'See I am doing a |
2024 2024 Restricted Total funds funds £ £ - 5,127 - 15,300 - 20,427 Outgoing Transfers £ £ 103 - 103 - new thing' project costs. |
2023 Total funds £ 1,598 13,980 15,578 Balance c/f £ - - |
|---|---|---|---|
4 Related party transactions
Donations from trustees and related parties
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £3,540 (2023: £2,970).
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
Charlotte Naylor Davis is our Lay Minister, and as such is allowed to be a Trustee, according to our constitution (and now is a Trustee listed with the Charity Commission). She is paid for her work as Lay Minister. Total remuneration during the year was £13,079 (previous year: £8,034).
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