## 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**
1
## 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.
2
## 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
- l In the spring we continued to look at parables
- 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)
3
## 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|
|---|---|---|---|
4
## 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)
5
## 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.
6
## 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).
7