CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1st January 2024 to 31st December 2024 Charity name: Bovey Tracey Baptist Church Charity reglstration number: 1192694 Ob"ectives and Activities r&lerthY Para 1_17 Summary of th6 purposes of the charity as set out in its governing document The principle purpose of the church is the advancement of the Christian failh according lo the prinrAples of th8 Baptist denomination. Th6 churGh may also advance educAtion and carry out other charitable purposes in the United Kingdom and l or other parts of the world (extracted from the BTBC Constitution dated 8th December 2020 . The activities may includ8 but are not r8slriGted to-. regular public worship. prayer. Bible study. preaching and teaching., baptism, as defined in the Baptist Union's D8Glaralion of Principle,. the Communion ofthe Lord's Supper which shall nomially be observed al18asl once a month., evangelism and mission, locally, r8gionally. nationally and internationally. the teaching, encouragement, welcome and inclusion of children and young ￿Ople. nurture and growth of Christian disciples- education and training for Chiistian and community service" giving and encouraging pastoral care,. supporting and encouraging charitable social action in the Uniled lQngdom and abroad., encA)uraging relationships wth and supporting Baptists and other Chrtstians (extracted from the BTBC Constitution dated 8th December 2020 The Trustees believe thal the work of the church acts lo strengthen indiwduals spiritually and therefore in doing so. acts in the public interest. They have regard for the guidance on the public benefit iSSU8d. Summary of the main activities in relation to those purposes for the public benefit, in particular, the actiwties, projects or services identified In the accounts. Para 1.17 1.19 Statement confimiing whether the trustees have had regard to the guidance issuod by the Charity Commission on ublic benefit Para 1.18 Additional infomiation (optional) You ma hoose to include further statem8nts where relevant about.. SORP referw) Policy on grant rnaking Para 1.38 Policy on social inv&stment including program related investment Para 1.38 Contribution made by volunteers Volunteers make up the core of workers for most of the actiwties the ¢hurch undertakes. They are the backbone of how the church functions. Pata 1.38 other Achievements and Performance SORP r8fw.ce Para 120 Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to sO￿etY as a whole. The church fundamentally believes in the power of God, through the Sacrifi￿ of Jesus, to chang8 people's lives. The church provides a framework of committed believers who work together to show God's love to others and encourage them towards faith for themselves. This group of people can testify lo how God has changed lives for the better, and how that impacts on those around them and as a Consequen￿ to society more widely. Additional information (optional) You ma choose to include further statements where relevant about= Achievements against Para 1.41 i Active support of mission pathers r8sulting in Ihe objectives set team setting oui dearly th&ir purpos8 which indudes encouraging th8 whole church to be activel en ed. nla Perfomiance of fundraising activities ainst ob'eGtives sel Investment performance a ainst ob'ectives other Para 1.41 Pard 1.41 Financial Review Review of the charity's financial position al the 8nd oflhe 8riod Statement explaining the policy for holding res8rv8s statin ar8 held Amount of reserves held Reasons for holding Zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a oin On￿rn P&a 1.21 At the end of Ihe financial year we remain in a healthy financial positlDn as can be seen in the annual accounts submitted with this ort. Reserves are held to COV6r th6 ministry costs for one year in th& evenl of a reduced income. Para 1.22 Pam 1.22 £148.627 Pam 1.22 Para 1.24 None Para 1.23 None Additional Informatlon (optional) You ma choose to include further statements where ￿levant about: The charitls principal Para 1.47 BTBC is funded through voluntsry contributions sources of funds made by thurth members and attenders, including (including any fundraising) redaimed gift aid. Investment policy and objectives including any social investment policy adopted A description of the principal risks facing the Charity oth8r Para 1.46 nla Para 1.46 There is no foreseeable risk. structure, Governance and Mana Description of charity's trusts.. Type of governing document IrL4bl deed, ro al chafier How is the charity constitLrted? le.g Jni.;i.-orporaled assorialion, CIO Trustee selection methods including details of any conslitulional promsions e.g. election lo post or name of any person or body entitled to appoint one or more tmste8S ement Para 1.25 Approved Govorning DoGument- Constitution Pwa 1.25 charitab￿ Incory)oral8d Organisation {ClO) Para 125 Trustees are recruited by Church Members and arè appointed for an initial thrèè-yéar tem with the opportunity to be nominated for reappointment for a further three year lenn. Th8 proc8SS8s involves notice being ahead of a ChurGh Members, Meeting at which the election is lo be held. Nominations must be submitted with thè support of two other Church Members and the consent of the candidate. Voting is by secret ballot at a Church Memb8rs' Meeting and Scruline&rs appointed to count the votes and report the outcome. The number of candidates, being not more than the number of vacancies, receiving the highest numbér of votes shall be elected provided each candidate shall have received votès from at léast 660kn of those members voting (extract8d from the BTBC Constitution dated 8th December 2020 . Additional information (optional) You ma choose lo include further statements where relevant about.. Poliries and procedures Para 1.51 Guidelines issued by the Charity Commission are adopted for the induction given to new and prospective Trustees. and trainin of trustees The charity's organisational structure and any wider neiwork with which the charity works Relationship with any related parties Para 1.51 Our church is govemed by a board of Trustees appointed by the membership. We are part of the South West Baptist Association who look aftér our interests regionally and w& arè a member of the Ba tist Union of Greal Britain. We are parl of the South Wesl Baptist Association who look after our interests regionally and we are a member of the Ba list Union of Great Britain. Para 1.51 Other Reference and Administrative details Charit name other name the charity uses Re ist8r8d chari Charivs principal address Bov6 Trac& Ba tist Church 1192694 Bovey Tracey Baptist Church Hind Street Bovey Tracey Devon TQ13 9HL Namos of tho charlty trustees who manage tho charity Datss arlfjd If not for whg ar Trustee name Offlc• Ilf any) Name of person lor body) entlued toa olnt tru6tee If an Church Membership Church M8mb&rship Mark Godbeer Keith Lawson Minister Elder and Treasurer Eld8r Paul Ayres Helen Daggar Church Mernbership Church Membership Deacon and Safeguarding Lead Deacon Chris Bartlett Church M6mb8rship Church Membership Jacqueline Surtees Deacon Co orate tnjstees - names of the directors at the date th8 r8 DITgctvr name nla ortwasa roved Name of trustees holdin Trustee name Ba tist Union Cor title to belon to the chari Dates acted if not for whole ar OTation Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objeds of the charity on whose behalf the assets aré held and how this falls within the Gustodian charity's objecls Details of arrangements for safe custody and segregation of 5uGh assets from the charivs own assets Additional informatlon (optional) Names and addresses of advisers (Optional infomiation) Type of Namo Address advisar Name of chief gxeGutiVg or names of senior staff Members {Optional inforniation) Exemptions from dlsclosure Reason for non-disclosure of ke 6rsonnel details Other o tional information Declarations The trustees declare that they havo approved the trustees. report abovo. Slgned on behalf of the charity's trusteas Slgnature(8 Full name(s Hg￿l JAE£*£. Poslllon {og Socratary. Chair. otc) Date 1316 Bovey Tracey Baptist Church UNAUDITEDACCOUNTS YEAR ENDED 31 DECEMBER 2024 B18BYS CHARTERED ACCOUNTANTS 6 STATION ROAD BOVEY TRACEY NEWTON ABBOT DEVON TQ13 9AL Bovey Tracey Baptlst Church Independent Examiner's report on the accounts Report to the trustees of Bovey Tracey Baptist Church on the accounts of the year ended 31 December 2024 Respectlve responslbllltles of trustees and examlner The charity'5 trugtees are responsible for the preparation of the accounts. The charitity's trustees consider that an audit is nDt required for this year under section 144121 of the Charrties Att 2011 (the 2011 Act) and that an Independent examinatlon ts needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Art - to follow the procedures laid down in the General Dirertions given by the Charity Commission under section 14515llbl of the Act, and -to state whether particular matters have come to my attention. Basls of Independent examlner$ report My examination wa5 carried out in accordan￿ with General Dlrections given by the Charity Commlssion. An examination includes a review of the accounting records kept by the charity and a cornparison of the accounts presented with those records. It atso includes consideration of any unusual items or disc105ures in the accounts, and seeking explanations from you as trustees concernlng any such rllatters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Consequently no opinlon is given as to whether the attounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. l. which gives me reasonable cause to believe that in, any material respect, the ￿quIrements. to keep accounting records in accordancè with section 130 of the 2011 Act; and - to prepare accounts which accord WFth the accounting record5 and comply wtth the accounting requlrements of the 2011 Art: have not been met- or 2. to which, in my opinion. attontlon should be drawn In order to enable a proper understanding of the accounts to be reached Fulford Green FCA 6 Station Road Bovey Tracey Newton Abbot Devo TQ13 9AL Date BOVEY TRACEY BAPTIST CHURCH Trustee$, Approval of the accounts Trustees approval of the accounts for BoveyTraeey Baptlst Churth on the accounts of the year ended 31 December 2024 In accordance wlth our ternis of enga8emÈnt, l approve the finandal informatlon whlch comprSses the In¢ome and expendlture account and balance sheet. l acknowled8e my responslblllty for the flnanclal Informatlon, Includlng the appropriateness of the accountlng basts, and for providlng Blbby's wlth all Informatlon and Èxplanatlon5 necessary for Its completkin. 11.S.Z? 111312S Date BOVEY TRACEY BAPTIST CHURCH BALANCE SHE￿ AT 31 DECEMBER 2024 2024 2023 Flxed Assets Property- Chapel Property- Manse Equlpment 250.1XKI 370.(MX) 1,238 250,000 370,000 621,238 620,CK)O Current Assets Other debtor5 Cash at bank Deposlt account Restricted bank account io 60,565 50,OLKI 38.052 57,769 50,000 26,030 148.627 133,799 Less: Current Uabllities Net Current Assets 769.865 753,799 Net Assets 769,865 753,799 General fvnd brought forward Excess of Income over expendlture in the year General fund balance 731,601 716,268 3,717 15,333 735,318 731,601 Restricted fund grousht foward Excess of Intome over expenditure in the year Restricted fund balance 22,198 12,348 21,388 810 34.546 22,198 Accumulated fund balance 769,865 753,799 BOVEYTRA(EY BAPTISTCHURCH INCOMEAKJ EXPÈNDrruREACWUhT F¢R THEVEARENDED31DECEMBEA2Q24 Tothl 2tr fvr45 2014 fun& Jncom Gen4ril donlik¥Élndudtr*(4Et￿d QthEr Dw?tlons Re5tdttedfvnds 115,451 2,5SO TotsllrK* 131732 587 2.5 123.167 Mini*ryCo5tS ￿D￿e Mlssian p¥trpJS misslondl5cret￿￿aryfvllrt M￿SeeMPenseS 759 5.759 3,￿1 1551 7,B3d L555 7.V4 Chap* eKpenses Prtsèrt*lL Pastaralfvnd Bar.kch3r8e5 AccountanLyfe& Gklts Glft me88nw￿5 Prolett20o81blesfu&￿ty Sub5CDPtion5 AthlThstratlon wenses uo 220 14717 14,717 232 55 28,925 Sundtie5 w￿g￿ ands4v 55 925 ll&566 ie7,C13 107,013 &727 17.166 14.575 16,155 Restrkledfvnd5rrth%n￿rt tlst ￿nd￿LIe0ft Total E¥ces$ollrth￿(**￿PeN1￿ fOrthe￿ IJAWJ iuw) r4￿DI IU801 717 15335 19,393 BOVEY TRACEY BAPTIST CHURCH NOTES ON THE FINANCIAL sfATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2024 l Accounting pollcles The accounts have been prepared on a receipts and payments basi5 in accordance with the charltles Act 2011. 2 Restricted Fund The re5tritted fund is made up of the Barnabus fund, Harry boston fund. Hospice Jinja Uganda and the building long-term repair fund. 3 Regular 8lvln8 We recelve a small amount each month via standlng orders, the charity relies on Blfts, donations, grants and fund raisin8. 4 Related party tr4n$artions No related partytransactions 5 Other donatlons 2024 2023 Legacy Donation Quiz night funds Council cost of living contribution Photocopies Gift5 for New Church Bibles Bank interest received 5,OtK).CK) 125.(K) 5.54 4.16 877.40 877.40 5,134.70 6 Restricted Funds 2024 2023 Project 200 Project 2W Bibles for Bovey Birthday fund Harvets offering Gift for Harry Boston Barnabus fund Glft Surtees famlly Sinklng fund 13,408.Th) 3.900.LK) 20. 20.C(I 810.(M) 180.C(I 450.C 120.00 1.000. 18,063.(K) 2,580.C 735.LNJ 7 Mission Partners Mission Aviation Harry Boslon Megan Wilkes 2024 2023 2,400.￿] 2,4CK).00 3,390.￿) 3,390.IXI 2,899.92 2,899.92 8,689.92 8,689.92 8 Gifts Gift for Harry B05ton 2024 2023 660.00 660.00 9 Baptist Church Fund The Baptist Union Defined Pension Scheme signed an agreement with the insurance companyjust Group to secure DB plan members, pension benefits. This agreernent i5 referred to 95 a'buy-in-pollcy,. Therefore the Baptist Union have agreed that the contributions to be made by the church will reduce to £1 per month from August 2022 until June 2026. In thls Instan￿ the church no longer has a pen51on liability of £54,054, therefore thls was written off in 2022. Bovey Tracey Baptist Church UNAUDITEDACCOUNTS YEAR ENDED 31 DECEMBER 2024 B18BYS CHARTERED ACCOUNTANTS 6 STATION ROAD BOVEY TRACEY NEWTON ABBOT DEVON TQ13 9AL Bovey Tracey Baptlst Church Independent Examiner's report on the accounts Report to the trustees of Bovey Tracey Baptist Church on the accounts of the year ended 31 December 2024 Respectlve responslbllltles of trustees and examlner The charity'5 trugtees are responsible for the preparation of the accounts. The charitity's trustees consider that an audit is nDt required for this year under section 144121 of the Charrties Att 2011 (the 2011 Act) and that an Independent examinatlon ts needed. It is my responsibility to.. examine the accounts under section 145 of the 2011 Art - to follow the procedures laid down in the General Dirertions given by the Charity Commission under section 14515llbl of the Act, and -to state whether particular matters have come to my attention. Basls of Independent examlner$ report My examination wa5 carried out in accordan￿ with General Dlrections given by the Charity Commlssion. An examination includes a review of the accounting records kept by the charity and a cornparison of the accounts presented with those records. It atso includes consideration of any unusual items or disc105ures in the accounts, and seeking explanations from you as trustees concernlng any such rllatters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Consequently no opinlon is given as to whether the attounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. l. which gives me reasonable cause to believe that in, any material respect, the ￿quIrements. to keep accounting records in accordancè with section 130 of the 2011 Act; and - to prepare accounts which accord WFth the accounting record5 and comply wtth the accounting requlrements of the 2011 Art: have not been met- or 2. to which, in my opinion. attontlon should be drawn In order to enable a proper understanding of the accounts to be reached Fulford Green FCA 6 Station Road Bovey Tracey Newton Abbot Devo TQ13 9AL Date BOVEY TRACEY BAPTIST CHURCH Trustee$, Approval of the accounts Trustees approval of the accounts for BoveyTraeey Baptlst Churth on the accounts of the year ended 31 December 2024 In accordance wlth our ternis of enga8emÈnt, l approve the finandal informatlon whlch comprSses the In¢ome and expendlture account and balance sheet. l acknowled8e my responslblllty for the flnanclal Informatlon, Includlng the appropriateness of the accountlng basts, and for providlng Blbby's wlth all Informatlon and Èxplanatlon5 necessary for Its completkin. 11.S.Z? 111312S Date BOVEY TRACEY BAPTIST CHURCH BALANCE SHE￿ AT 31 DECEMBER 2024 2024 2023 Flxed Assets Property- Chapel Property- Manse Equlpment 250.1XKI 370.(MX) 1,238 250,000 370,000 621,238 620,CK)O Current Assets Other debtor5 Cash at bank Deposlt account Restricted bank account io 60,565 50,OLKI 38.052 57,769 50,000 26,030 148.627 133,799 Less: Current Uabllities Net Current Assets 769.865 753,799 Net Assets 769,865 753,799 General fvnd brought forward Excess of Income over expendlture in the year General fund balance 731,601 716,268 3,717 15,333 735,318 731,601 Restricted fund grousht foward Excess of Intome over expenditure in the year Restricted fund balance 22,198 12,348 21,388 810 34.546 22,198 Accumulated fund balance 769,865 753,799 BOVEYTRA(EY BAPTISTCHURCH INCOMEAKJ EXPÈNDrruREACWUhT F¢R THEVEARENDED31DECEMBEA2Q24 Tothl 2tr fvr45 2014 fun& Jncom Gen4ril donlik¥Élndudtr*(4Et￿d QthEr Dw?tlons Re5tdttedfvnds 115,451 2,5SO TotsllrK* 131732 587 2.5 123.167 Mini*ryCo5tS ￿D￿e Mlssian p¥trpJS misslondl5cret￿￿aryfvllrt M￿SeeMPenseS 759 5.759 3,￿1 1551 7,B3d L555 7.V4 Chap* eKpenses Prtsèrt*lL Pastaralfvnd Bar.kch3r8e5 AccountanLyfe& Gklts Glft me88nw￿5 Prolett20o81blesfu&￿ty Sub5CDPtion5 AthlThstratlon wenses uo 220 14717 14,717 232 55 28,925 Sundtie5 w￿g￿ ands4v 55 925 ll&566 ie7,C13 107,013 &727 17.166 14.575 16,155 Restrkledfvnd5rrth%n￿rt tlst ￿nd￿LIe0ft Total E¥ces$ollrth￿(**￿PeN1￿ fOrthe￿ IJAWJ iuw) r4￿DI IU801 717 15335 19,393 BOVEY TRACEY BAPTIST CHURCH NOTES ON THE FINANCIAL sfATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2024 l Accounting pollcles The accounts have been prepared on a receipts and payments basi5 in accordance with the charltles Act 2011. 2 Restricted Fund The re5tritted fund is made up of the Barnabus fund, Harry boston fund. Hospice Jinja Uganda and the building long-term repair fund. 3 Regular 8lvln8 We recelve a small amount each month via standlng orders, the charity relies on Blfts, donations, grants and fund raisin8. 4 Related party tr4n$artions No related partytransactions 5 Other donatlons 2024 2023 Legacy Donation Quiz night funds Council cost of living contribution Photocopies Gift5 for New Church Bibles Bank interest received 5,OtK).CK) 125.(K) 5.54 4.16 877.40 877.40 5,134.70 6 Restricted Funds 2024 2023 Project 200 Project 2W Bibles for Bovey Birthday fund Harvets offering Gift for Harry Boston Barnabus fund Glft Surtees famlly Sinklng fund 13,408.Th) 3.900.LK) 20. 20.C(I 810.(M) 180.C(I 450.C 120.00 1.000. 18,063.(K) 2,580.C 735.LNJ 7 Mission Partners Mission Aviation Harry Boslon Megan Wilkes 2024 2023 2,400.￿] 2,4CK).00 3,390.￿) 3,390.IXI 2,899.92 2,899.92 8,689.92 8,689.92 8 Gifts Gift for Harry B05ton 2024 2023 660.00 660.00 9 Baptist Church Fund The Baptist Union Defined Pension Scheme signed an agreement with the insurance companyjust Group to secure DB plan members, pension benefits. This agreernent i5 referred to 95 a'buy-in-pollcy,. Therefore the Baptist Union have agreed that the contributions to be made by the church will reduce to £1 per month from August 2022 until June 2026. In thls Instan￿ the church no longer has a pen51on liability of £54,054, therefore thls was written off in 2022.