## **Kesgrave Baptist Church CIO** ## Charity No 1193135 # End of Year Report and Financial statements. For the period: 01/10/2023 - 30/09/2024 1 of 6 ## Contents ||Page|| |---|---|---| |Legal and Administrative Information||3| |Trustees’ Annual Report||4| |Independent Examiner’s Report||7| |Receipts and Payments Accounts||9| |Statement of Assets and Liabilities||10| 2 of 6 ## Legal and Administrative Information ## **Address:** Kesgrave Baptist Church Cambridge Road Kesgrave IP5 1EW ## **Trustees:** P Micklesen E Robinson T Mawson M Tatham R Percy T Barker W Morrison ## **Bankers:** Barclays Bank, Ipswich Building Society, Cambridge and Counties Bank, CCLA ## **Independent Examiner:** Mr J Whayman 3 of 6 ## Trustees’ Annual Report The trustees of Kesgrave Baptist Church present their annual report and financial statements for the year ending 30th September 2024. The accounts have been prepared on a cash and receipts basis as permitted under the regulations. ## **Governance and Management** Kesgrave Baptist Church was formed in 1927, in addition to the trust deeds of the land it was governed by ‘Articles of faith and church rules’ last revised in September 2016. The church registered as a CIO on 18th January 2021 and is governed by the constitution document formed at the same time. The church previously operated as an Excepted Charity under the umbrella of the Association of Grace Baptist Churches East Anglia (AGBCEA). The trustees are formed from the Elders and Deacons of the church, all have served throughout this period unless otherwise noted. Currently one trustee, Tom Mawson, is employed by the church as pastor. The trustees are responsible for the control and management of the church and are appointed by members of the church. Church Buildings and Land are currently held in trust by the Association of Grace Baptist Churches (East Anglia) Ltd (Charity number 250733). ## **Objectives and Aims** The purpose of the church is the advancement of the Christian faith in accordance with the Basis of Faith, Doctrinal Distinctives and Ethical Statements, primarily, but not exclusively, within Kesgrave, Suffolk, and the surrounding neighbourhood; and such other charitable purposes, as shall in the opinion of the charity trustees facilitate the work of the Fellowship, provided that such purposes must be carried out in a manner consistent with the Basis of Faith, Doctrinal Distinctives and Ethical Statements . ## **Activities and Achievements** The trustees have given due regard to the Charity Commissions guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The various activities of the church include: - Regular Sunday morning and evening services, and a regular prayer meeting on Tuesday evenings. - A focus on fellowship and encouragement is facilitated through the use of house groups. 4 of 6 - Youth activities, coffee mornings, toddler and parent groups, funeral services, monthly men’s and women’s breakfasts. - The church continues to allow use of the buildings for Slimming World and youth club meetings run by another church during the week, charging a reasonable fee for use. The church is involved in supporting worldwide Christian mission, particularly through, Grace Baptist Mission, European Mission Fellowship, Servants of The Word and Caring For Life. We support these missions due to their alignment with our beliefs and the fact that they have similar charitable objective to ours. We choose to make grants to these missions, based on income received. Pastoral support is provided for those who are unwell or in need. ## **Finances** The principal source of funds for the church is free will offerings of attendees, along with legacies; three significant legacies were received between 2020 and 2022. We are grateful for the financial support of the fellowship; our finances continue to be encouraging. At the end of the period we had £199599 in our general fund and £34408 in the special fund. The special fund is a designated fund, for the purposes of special projects. The general fund remains high despite significant investment into the church premises. The majority of the funds are invested in deposit funds (with CCLA Ltd), paying interest at close to the Bank of England base rate. We continue to investigate the best ways to use the funds available to us. This may include increasing the number of paid workers in the church. We are grateful to the Lord for supplying our needs and continue to rely on his provision, using all we have in his service. The accounts, produced under a receipts and payments basis, have been independently examined and are replicated in this report, along with a statement of assets and liabilities. ## **Reserves Policy** Our policy is to build and maintain a margin of funds to cover about 3 months of expenditure. As the financial report shows, we currently have funds to maintain this and will continue to discuss how to best use our resources for the Lord’s work. 5 of 6 Risk Mana The trustees have reviewed the major risks to which the CIO is exposed to. Everybody working with young people or vulnerable adults is DBS checked and understands the safeguarding policy. The premises are regularly reviewed for health and safety purposes. We take a low risk approach to investments and use cash deposit accounts. roval This report was approved by the trustees on 30th July 2025 and signed on their behalf. Tom Mawson Trustee and Pastor Paul Micklesen Trustee and Treasurer 6of6 Independent examinerfs report to the trustees of Kesgrave Baptist Church CIO I report to the trustees on my examination of the accounts of KesgravÈ Baptist Church CIO Ithe Trust) Charity Number 1193135 for the year ended 30th September 2024. Responslbllltles and basls of report AS the charitVs trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act,). I report in respect of my examlnatlon of the Trust's accounts carried out under section 145 of the 2011 Act and in caryingout my examinatlon, I havefollowed all the applicable DirectSons glven by the Charity Commission under section 14515)Ib} of the Act. Independent examlnerfs statement I have completed my examination. I confirni that no materlal matters have come to mv attentlon In connectlon wlth the examination which 8lves me cause to believe that in, any material respect:. accountlng records were not kept In accordance wlth sectlon 130 of the Charities Act; or the accounts dld not accord wlth the accounting records; or the accounts did not comply with the applicable requirements concernin8 the form and contents of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requlrement that the accounts give a 'true and fairf view which Is not a matter considered as part of an independent examlnatlon. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the accounts to be reached. Si8ned:. Name:_ Mr S J Whayman Address:. 51 Cowper Street Ipswich IP4 5JA Date:_ 7th July 2025 |**Charity Name**|||**No (if any)**||| |---|---|---|---|---|---| |**Kesgrave Baptist Church CIO**|||**1193135**||| |**Receipts andpayments accounts**|||||**CC16a**| |**For the period**
**from**|Period start date
01/10/2023|**To**|Period end date
30/09/2024||| ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**|**Unrestricted**
**funds**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Restricted funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---|---|---|---| |
Offerings|**45,253**||**1064**||**-**||**46,317**||**46,093**| |Hall Hire|**7,705**||||**-**||**7,705**||**6,717**| |World Mission Fund|||**1,466**||**-**||**1,466**||**1,585**| |Grants|||||**-**||**0**||**9,734**| |Gift Aid|**10,235**||||**-**||**10,235**||**10,342**| |Special Fund Donations|||||**-**||**0**||**330**| |Books|**592**||||||**592**||**507**| |Interest|**8,354**||||**-**||**8,354**||**2,547**| |**_Sub total_**_(Gross income for AR)_|**72,139**||**2,530**||**-**||**74,669**||**77,856**| ||||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||||| ||**-**||||||||**0**| ||**-**||||||||**0**| |**_Sub total_**|**-**||||||||**0**| |**_Total receipts_**
**A3 Payments**|||||||||| ||||||||||**77,856**| ||||||||||| |
Ministry|**35,660**||**1064**||**-**||**36,724**||**32,298**| |Mission Giving|**11,019**||**1,466**||**-**||**12,485**||**18,098**| |Church Activities|**3,990**||||**-**||**3,990**||**2,651**| |Premises Costs|**24,899**||||**-**||**24,899**||**19,381**| |Books|**1,684**||||**-**||**1,684**||**873**| |Welfare|**3,909**||||**-**||**3,909**||**454**| |Legal and Proffessional Fees|**866**||||**-**||**866**||**1,782**| |**_Sub total_**|**82,026**||**2,530**||**-**||**84,556**||**75,537**| ||||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||||| ||**0**||||||||| ||**0**||||||||**-**| |**_Sub total_**|**0**||||||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfer between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||||| ||||||||||**75,537**| ||||||||||| ||**-9,887**||||||||**2,319**| ||**0**||||||||**-**| ||**243,894**||||||||**241,575**| ||**234,007**||||||||**243,894**| CCXX R1 accounts (SS) 15/07/2025 1 Section B Statement of assets and liabilities at the end of the period funds lunds B1 Cashfvnds Bank S Ao))unt 5499 Bulk1In S8Vln s Acrthtnt 133.871 Totsl c•sh OQT Catworjes Dtr"talls funds lund• Gen8rn1 Fund natod QC401 Fund Toi•l t￿h Details C￿t 31.7% 45 Gortl Cort &ffr•nt Y•luD Dètall$ B4 Asiots retained for tl chartty's own u$e Pono General Aud￿1 Vwal E ¥Tent Genernl Gener21 Fumth" Ggneral Slgned by on8 or iwst8es on b8haK of &ll th• tnJ&888 Oate of apFKovaS P4uLSw Ml EPV fctsJ M CCXX R2 ath)unls (SSI 15107r2025