CHEAM BAPTIST CHUQCH Rtythed Chanty No.. 1193212 Unaudited Report and Financial Statements for the year ended 31 December 2025
CHEAM BAPTIST CHURCH Unaudlted Report and Financial Statements for the year ended 31 DeGembBT 2025 CONTENTS Page Report oltr Trnstees Report ol the IndepeThSenl Examiner Statement ol Finanoal Athwt'es for the yw Balan( Sheet Stslem8nl of Cashflows Notes lo the Finanoal Stsiements 10 11 72-18
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The TnJstee5 present their ieport together with the firwi¢o1 stslernts of Baptst Churth ICBCI fc the year ended 31 DecrnEer 2025.. Rgference and admlnlslraivg dotails Rfjgistered Charltynumb•r.' Principal OffKe.' Independenl Examin•r.' 8ank8rs.' 1193212 4 Park Road. Chearn, Sullon. SM3 8QB JCS Acc4yJntants Ltd, S Rotrfn Hood Lane, Suttm. SM12SW Bard8 Bank PLC. Wimbl&kn 3. Leicesler. LE87 2B8 CAF 8ank Ltd, 25 'ng$ H1 Avenue. Kings Hill, Wesl Malling. ME19 4JQ ngdom Bank Ltd, Media House. Padge Road, Beestoft. Nottingham. NG9 2RS London Baptist prOrty Board. Unil C2. 15 Doc Street, London E18JN Charity 8ank Lld. Fosse Fknjse, 182 High Street. Tonbridge TN9 18E Metro 8ank PLC, 8&87 Street. Sutton. SM11JF £ard 10 Thg Pry'nL Markel Hatsjrw, LE16 7QU Sollcltors.. Truste•s Pastors Butcher, Nigèl P Richardson, Neil M Elect&l Juiy 2015 EK8Cted January 2025 Paslor Asxoab Pastsy Evar¥Jelism lfrom April 20251 Elders Comish. Nichd8s C Fletcher, Peter J HDTrvcx)d, Daniel M Walker. Andrew M Willi8ms, Bruce R Wyrnan, Mattlw C Deacons co, Dav Espejo. Gonofor D Green, Neal J hjre. Dawd S Lock, Stepn Stree( Weth K Wnghl, Peter R XX-Trustee dispenscffi Deac Rlead June 2025 Rlected Octcthr 2024 Elected October 2024 Eletted January 2025 Re-elected October 2024 RvdL9cled Jun8 2024 08ag)n Elected June 2025 Re-elected June 2023 Re-elected June 2025 Re&elo¢ted June 2024 Eknled June 2023 Elected January 2025 Stood down Juno 2025 Et8d January 2026 Chair ol Truslees Pèrsonnel Deacors Fabn'c Deaton Trgasurer Property The London Baplisl Pmperty Board acts as CustrAi¥+ Trustee fer Ihe fThlowng freeh)k1 wcpeth5". the main churc bJildlng, Church Halls, and 12 Park Road, with CBC having beneficial use ollhg premises. These wemis8s are rgcowisedas rwjhlof usèNernises. The remainiw church lfreeholdl pMISeS are hèld in th8 ol CBC. Financo Committe CBC'S Finance Cornmittee 1$ rnade as fdtrs'. Treasurer Wendy Street Ca¢on lEIxed Jan 251 Elected membgrs Chander. Paul A Gothjard Nwl C H¢xe. David S Lock, Stephen 8 WrighL JanKe M Chwch Memt Church Memt4r PerSn De&¢ Chwth Merrthr Structure, Govemanco and Management Structure CBC was founded in 1862 and constituted as an unints)rpJrated thwty bytrusl deed of 3 knjusl 1907. Ft was fegi5tered Ihe Chanty Commission in 2009 Ino. 11291111. On 1 April 2022, the Church transferr&J all ol its assets. liabilrt*s and xbwties to a charitab InLWK)fdted Organisalion ICIOI Ino. 11932121, which retsins Ihe same name. CBC is govemed by rts 0)nsbttt1. Membership of CBC is confined to persons confess faith in the Lord Jesus chr1. %tho accept CBC'S 'Basis of Faith,. and whose application for Membership has been approved al a Church Meeting. Pastors, Elders and Deacons are ex offiuo tnjstees app)inled by the Members ol CBC. In 2025 there were fwe Church Mernbers. Meetwos. e ccrfnt¥'wl vthh a Speual Cmjrth Membe, Kketry.
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Roles of Trustees CBC'S Tnjslees manage the affairs of CBC, wlh all impo1 de(ish)ns .j put to CBC'S Membefs al Churth Members, Meebros. In general, the Elders and Deacons, under Ihe oVerSh1 ol CBC memt¢rs, concentrate reSY on spiritual affairs ar¥J pr&tical affairs. The Senior Pastor Is responsible lor the day-lfrdaycgeralion ofCBC as&eiS by Ihe Asscthte Pastc¥. achurth OF¢ra1$ maWera a part-limeAdrnin and Carelsupport Lead. During 2025 CBC'S Twstees mel 7 tift lo manage CBC'S aff8WS. Appointment ofTrn$tse$ Pastors are apFK)inled fu an indefinrte te al a Speaal CBC Members meeb.ng and Elders Dea(5 are eleded from chufch members as ex officio Trustees and are appoinled for a three-year tem), rerwabk h4x) further nSejte three-year terms. Thereafter there musl be an inlerwal ol al ast one year before they be appointed again. CBC MemtrH5 are nOfd of rekn'riTrJ EkJeTS irsvit8d to norninale C8C Members lor eleth'on as EfjrS and a¢on$ al the Fetk)wshg Meeting. usudty hebj in JJTh. Trnstee$' Induclion and fr4lning Trustees have access lo the Trustees area ol C8C's website contsinir¥), interalia. olTruslè8s' meetings, CBC pOIleS, governance dooJmgnls and relevant Charity Ce¢nmissK)n publ$. Tn)st¢es 816 kepl utMJabJ in Charity practice and law by the Trustse Chair. Prln¢ipal rlikl and unCertaInli The Tru81883 hav8 ents"fied tha mapf risks to CBC c¢uld be exp)$8d. Systems and prcttdures have been established lo meet Ihose risks. CBC rnalnlains a Rtsk R8gis18r idenbfying general arvj fiTran¢ial nsks and prryng remethal measures lor regular rwèw. Majcf id8nlifie(S risks are.. Safeguardlng.. Is paramnI given the many children, yr)ung pth). aTrJ vulngrablg adults that weare regulady In contact with. Safeguarding PdKio$ for both Childran and Adults are in pLKe, regularly UFJated and aYaiL4blo on t cfwjfth w8byte. Thgrg nam8d Safeguarding Leads lor each policy area. Safeguardiry is a slanding agenda ilem 81 both Trusteg ar¥J Churth m8&tMlgs, and a Safgguarthr4 group meets reguLgrty. DBS ¢heeklng 15 kept up lo dale. A Trustee has oversghl of this Pdicy area. Lo$s of key managèment personnel.. kJSS of any ol key stsff would have thers& impa¢X. TemkKJrary repla(ment is1gasibk, bul Ihare are lew other actions or nwligalions Trustegs tonsthr appri)prFats a5 11 wouh1 tskè bme to advertBthcYuil rèF4&emenls. We are also reliant on Some key Yolunle8rs wrth finance eXrtIse aThJ seek lo mityale this Tisk by engJriJvJ fjnanoal lasks and inlormalK)n are shared as much as possible. Loss ol prfrml$•8.' major damage lo C8C's buiklirrtJswwkJthsruplourweekty actM'lsCsI8rab1y. tamate pr8miseswould be urgently needed, with all the implicabons Ihal brirrfj. A Propety Team oversees mainlenance olC8C's proFerts fire preventative precaulions and systems in F4iee. Regular checs ol fire systems afe card {1, ar¥J fire trw is peithlly gNefi. tem m Pre-sthod, and lo CBC members generally. wlh fits drills carried out anThJy aft¢r tho nMIj and s•Thtss. Key M4n•gemonl P•rsonn The Trustees con%derthalthe PastthvsaThJ Trustees ofC8Cwetr Key Manag•mnl Perxmel. Oet8ils ol reffluneration ol K8y Managgmgftt Pèrsonn81 are disdosed in Notè 8. RemuneralK)n ol P8stss is ed by a Refflunwal P8ro1 ciwstirg ofiiww ithFThJenl Trustges. R•lated Parti•s Details of related party transacb'ons are dtsdosed in Nole 18. The Lond Baptist Prop8ty Board a)ws to use Ihe Churth. Churth HaHg, aThJ 12 Pth Road prefflisos. Nigel Bulcher, Pastor and Trustee, is a Twslee of sutt Schfy)Isth Isuttffi Schwls Christian Workers Trust, charity no. 10524181, which reiveS an annual donalnn lor the suFy(rt ol its worker5 in l(tal sckK4s. DavKI H, o CBC Twstee. ts an emFdoyee ol CES, an erical contracting company SP8cialising in church lighlir& that occasKinalty carries out ekntrul th fcf CBC. Trustees submit Declarab'ons that they are'Fit and Prrw Pwson$' urmler the Finance Ad 2010 and of wtenb'ally conllKling interests and, al each Trustees, rneeling, lo dedare any new Folenlk81 cnI¢# ol intSt. A is In place defir¥TrJ pyocedures lo ensure Conflicts ol Interest are woperfy dealt wlh. Nick Comish, CBC Trustee, ts f8lhef of Ben C¥¥h was on a casual ¢tra forservices with CBC Pre.Sthrd during 225. Volunt98r5 Much olthe gUlar wort in rnaintsining and deaning Ihe yernises is undertaken voluntarty by CBC Memb8TS but, %Yhere necessary, OU.de contractors are used. About 100 volunteers, mosly CBC membets. help lo wn CBC'S ath"ib"es in further8nce ol its tharitsble purp)ses, including Trustees, Finance Team, Worfd Mission Pathws. (kn¥th Group adets, &Jnday Club aNI 0thwyth &knty kajers. musiryans, church deaners, DIY hdpers and others.
CHEAM BAPTIST CHURCH Unaudited Report and Financial Ststements for the year ended 31 Decefflber 2025 Objèctives and activftles of Chèam Baptist Church 2025 The wrposes ol CBC, as sel out in ils (x)nslrtution. we." the advancement of the Christian farth in accordance ts Basis of Failh. wmarly tArt not exLtsNely wthin Chearn, Sutton, Surrey an($ the sulrounding neighbourhood,. the advancement ol educalN)n', and such other Charitab purposes as shll, in the of tree$. W into Ihe failh in accordance with the 8asis ol Faith. CBC èxists to serve and sqcfflfy Gc#J, to tharK the chrtka faith by 8NDing Ihe IW-Ihal all nwj reconciliath'on with 8 holy God. ssibl& only through Jesus Christ- and lo obey Jesus, command lo make disti5. C8C seeks. thUgh Gcvj's p)wer, lo equip Peop to serve God in the community. CBC believes the Bib is tsue, reveals CJYY'S nalure, and guJes h)w INe. CBC welc(nes peop of all ages and backgrounds and aims lo benefii Cheam an¢ the wder comrnunity in the UK and OveeaS. In 2025. CBC athpted a strategy based on ourVisffl SIatsffTrL based 6 key ar8as'. Worshlp Jesus. Grow lo be like Jegjs. Equip lo serve Jesus, Chw¢h. Wiiness lo Jesus. Connect lo Jesus, Churth. Pathgr in Jesus, missim. Ittly, natKIty and intem8tl Ir main regukr acliYib'8$ during 2025 re Swthy rrrfxnry sevit¢s and e¥eriwJ prayw meeongs Iwth th¢ Ld.$ Supper onca a month. morning and evening). phjs Easter and ChristrTras sefyths in churth and wthf cfjmmunty. We hdd fortnKJhly Growth Groups for yayfr and Bible Sbjdy and ZrM)m meets'ngs every 6 w8gks wth wr mtsshjn part[$ arwrmj the wcrfld, ting lo hear their nèws and pray together. W8 held weekty children's and youlh work Nt FThlay evenirys and SuThJay nv)mirrfJs. and groups for many of thg drfferenl groups In Cheam and the ngighbourhood, including loddlers & parents. sèn)rs and intemalic¥)als. Our Pre.So11 provhyed mcffling and afternoon sessions ead) weekday. CBC prOVe$ regulai finanoal supwt Igrantsl Io SFtsJ nwnbers al fmrm8mbets ol CBC arè servwig as pastors or missionarK95 in lh8 UK or overseas. and lo missK)n organisalwts aThJ than1 Ihol ha¥e an estsiAished tonne¢t)n ilh CBC. SuFWrt is only agreed where this dearty further CBC'S charitable objecls lor the advancem8nl ollhe Chrislrdn faith. Grants are gjbpd lo ¢wrusual finKial aThJ goveman¢e deawnvrnaking yocg$59S, (CBC is not a granl-making charrty and dcs not have a frnal grantkIng lcy.) Achiev8m6nts and Perfoance 2025 Goal8 Makè seryices mcffe indusive to rew Ihe ¢ver of CBC (party achieved- Noing}. Dgvebp musicians. skills and Conf8Ce l•adiry (party j). Sgrvice Le&Jing Team lo cr8at9d Inol athevedl. A¢hievgments An audit of1 SEND Iluty gave very positive leedb&k on c4w approad) ar practi. We conlinued to prowde printed Se notes translated into Ukrainw. Pth1uguese and Canionese, imming acces&Lility for members of those eommunib"es. The mUe team became rrll)re Gc6Fel-locused, wth ten knjers heirrfJ lo prep*e and le•J mlup. This has increased dNergly among those leading wothip. prayers and Bible readiNJs. Musiaans, lamming sessK)ns' duririg the yr enat4ed to F4ay tc¥JetheT arKt eX[4e rth approache5. We are Ualing guidance lor muscians. 2. Grow lo bo like Jesus 2025 Gtsals Provide devots'onal reswrees lo rnber$ 3 tsmes 8 year 18thj). Increase attendan in Growth Grwps awss the year Iparuy athwedl. Hold a Weekend Away the whde church l&thievedl.
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Achlevomgnts Books were provided lo all thurch famil Lent, Sufffftr thent. Ith members shariNJ llecn5 on the yjmmer bcy)ks al a Sunday evening meebng in Seplember. Growth GrP attendance remained SWY )eased groups th ne4p'nws. 120 people attended a Weekend Away in June. erw'rvj w'P. le¥hirYJ and lemowship logeuw.. Ih's wll run kn'ennialty. Our Youth Group also held a weekend away. E ul to servo Josus, Church 2025 Goals Run 3 different series OTr Seminars cffl &JThlay e¥enrys Ipartty ComFlele volunteer database to hdp rnorè meftws to be 5eMr¥J Ipafty athievedl. Crealfj an annual plan lor equIp.j wr ttsarns {ached). Achlevem•nts Seminars on errK)lnS and fath re hèkl in Octoter,. more anThIng is required for 2026 induding other everlrrfp. Vdunteerdatabase is beirq devek)p8d. This will be managed by the Churth Office lor ttter &Yminislrats"on. A meeting lor learn lèaders was held in Dgcomber, to W tyjenty It'r equwirvJ needs. Further equippiNJ bw'ng plannod lor 2026. Wlln 2025 Goa Regular infomiod prayer knrour wtrss Iparly e£wedl. Maintain cara lor our exisliThJ fjjlrgach mirristh'es lonsK)irvJI. Employ an Ass1•1• Paslor lo lead wr outreachmness lacvedl. Achlivements We cfjnlinuwj a rang8 ol commwity.fooJsed rNnistries, ndudiThJ Fe-Scl¥)d. Lrtde Tots Imoyw Ic¥Jd18r grwpl, Conversation Point IESL conv8rsab.on da$51. Quillers la craft grwpi and Plus Poinl lftf dder Fwplel. provNJing opportUneS lo share the good news ol J8sus. Pre- School parents ar8 invrted lo all major church evgnts. we had a gc#Jd lurrK)ut fN Pre.sexA Natswly ser. Neil Richards was apInted SOale Pastor for Evarvjdism li &)rt. He has built stroNJ local connethC$, undertsken dr-to-door oulreath, and delivered IrainiThJ that is trlpir4J and encour4ing chwth members share thoirfaith. treath 8¢tiwtss planned for 2028 indude Passion IOT Christ Inalional mission) aThJ a pertomwc• of The Mth Drarna al Easter, We partIpated in rnaior Chearn VIlLqge evenls.. ts Charter Fair in May and the Chri$lrnas Evening in Decémber. Activili6s induded lundraising for Tearfund and Sl Raphael's HospKe, hosmg Wrimage.. The EXhrt, an art exhibthon sharing a story ol personal healin9, and a Forest ol Trees Chn'strnas tree deC(O"ng èvenl attended by around 6W Fwe. We fan Easler and Chrr6lma$ SerYe5 al Belhel Court a Ic1 reb'remeftl twrty. In August, our Children's HdH1ay Club wele¢)med 100 lcd thlttren Mom1r ol athibos ar a spKral Sunday seNice. Folbwing this, some childrgn have joined our regwlar Y aclmtes. Con ecl 1118, Chu 2025 Goals Narne Badge sunda lachievedl. D8velop a pathway lor newcomrs to bg in¥dved in ow cthrth family (party achioiRdl. Dgvelop the Park Road Entrarte as a &ngLq rna ¢n1rar. a5 a fflws of improwg Ihe wek¢ffje lo Ihe thrth and Mak9 il easierfcf new people lo in long)Ir¥Jl. A¢hiovements Vve hekd two Name Badge Sunday3, heltiNJ Fec to crt easty arhj etKtMwage Cl)n[SaIloft. These were well-received by all participants. Several members. knnches and [wer5, lurnes duriro ts 1, to 1p nff4¥ Lxfflnecl vAth u5, with mre planned lor 2026. Progms is being rnade on usiro Ihe vc4unleer dalabase Isee Equip) lo help new meffttws become involved in different as9 ol church life. Planning permission was swftly obtsined for a main entrance in Park ROJJ. lo imFYove the appearance ol the buildin9s and the we1cLe for ¥Asilors. Following 5CesSful pknniThJ and preparation in 2025. we have estsblished a sub-commrttee to take this work f(Kward, aiming for comtion olthis phase in 2026. FLther re-"n9 and Ihe church %*Nship Is bw.ro F4anned abroside lundraising.
CHEAM BAPTIST CHURCH Unaudited Report and Financial Ststements for the year ended 31 December 2025 Partner in Jesus, mission loul national and intsmalio 2025 Goals Hdd Zojm inter¥w with our MISS Partnwsts Surthy evening W8r b'ffes laJMeved} Strengthen links with local partnefships Iparuy ath¥ Teams Its 191 and serve Moldova lachieV Achievemènts ongside our regular MisS)n Zo(¥n praYerb"ngs. hd(14 Zfy)m inlemews miss#)n parlners on Sunday evenings. We hosted wsits from missffiaries in Cape Town and C(Aombta and hekj an evenry ofwayer for the persecuted churth. We maintsined links with I31 partners rtluding &Jtton clTrty W(¥ks (Street Pastors and f(KxJ banksl and Sutton Schoolswork. We )nb'nLd lermly joint youth work with &ace Church Worce51er Park and Pk$ Church Sutton. Banslead Comfflunity Churth Join our Youth Work each FrKlay. Our Pastors 150 tan quartety rrtttiry the Paslus of these thurthes and Emmanuel Church Epsom, to losler greater collaration in 2026. We Irialled partnering wilh local comuntty and NHS rywts')ns, IndJ1j a ekly leg dinK, partrnng along&de a communty singing group that uses our building. Our Assoriate Past for Evarodism attended events to rneel people. not all aspects ran smoothly, valuable lessons were leamed lor luhjre 01ratIs. We (ontinued to supportehurthes w8 fcther CBC member¥ are in ministy, induding Hcpe Church Chichesterand Grace Church Khllington. Visits were made to our rrw$Sh partrw team in Mddova in May, uSt and Octcthr, prowding praclwl, pastoral and admin15trab.ve support. Paslor818nd financial SUPFYt eont'nued rNssk)n8rs 4) StrJlh Af, Ihe USA Pol8nd. n opportunity arose for Paskf to W0de guest teathing by ZTr)m lo a churth in Lalhye, Pakistan. We raised funds induding a 0-Off £10,000 dC8b)n to support a new Ms)ft Hub in Wrodaw, Pokrnl, orknng with Steiger Inl8mats"onai. Impa¢l The irnpacl of CBC'S sharing of the gcth news ol Jesus Chr1 is seen in thang&J grry4¥ir¥J faith. ar#J a CMUnity rnthed by hope, c4)mpass and eare. This has supported pwple 1hroh ongThng inlemalxA and finanual thalenges and is refiected m N1Val$ ec9 to failh, growng as disdplès, and meeting praclicd, soual and spnfval needs loca aNJ ely. Our Pre-school continued lo have 8 FQ511Ne impaL# by kKal famils wlh tr thrch, desp.te fina181 pressurès a1 f811ing numbets linked to lower b'rth rates, whieh led lo the dosur8 ol another kx41 pre.se1. The Pre-s¢1 h8s a very gcyjd reputation in the cornmunity and parents often cornmenl on h)w rt is a very 5F4oal pre4cknl Ihal &ty)¥e and beThI exF¢thtM8. Al Ihe start 012025. CBC had a fom)al mernbetship of 219. LhJrir¥J the year, 9 memtws to churches In olhor parts of tho country., 2 memtsefs resignod and h8ve nol joined other churehés. 4 rnberS died (CBC also hosted 6 other funerals fc¢ our wder thurch lamilyl. 24 people joined as new rnombers. bringing tyjr mèmbership to 228 al year end. Nurnbers in c4Jr Wer cowwabon remain high, and Sunday moming services rerrkqin al hjll capacity, wlh arouThJ 3C() peoF48 regulady attendiThJ. arg Ing lor w8F mak¢ rrw spxe. Five peo8 publicty declarwj th[larth IUgh belièrf$ baptism, aThJ orn Iwlding $ WJ. 'Be$ides Ihe obvious.. Bib teathing etc. I have disCoved overth8 last kn¥ y9arn muL is defiè quty, in the background. en my husband was Ill, the prayer support, both from CBC generally and the Grovrth fywp. was rderfUl, ar#J offers ol Wp. S8ver81 membets went lo visrt him in hospital,. there Wère many phone calls and support in sev8r ways. 'Since being widowed. Ther8 ofC8C really have t)ecm"my famty". I've t*en inwtsd t lo meals. c¥)ffee 6t0 'Being pari ol a GThlh Group is inv8lu8bk- knwTrJ thew c, wayer supp)rt.' thal rwns a k)I" IC8C nrnbelI Sèrious Events None to report. Public Benèflt The Trustees consider Ihe objectives and aclNities listed to be of Puts1 Benefit, Ihe surnmary of achievements lo an indication ol their performance and Contributi lo the Chri$tsan thurch and generally to the kxal WKYer communty. The Twstees confirm they have had due regard lo the guidance ISSd by Ik Chaty Cornmission Putlic Benefft F4anniTrJ 1r obpthes and ath"Trths for Ihe year.
CHEAM BAPTIST CHURCH Unauditsd Report and Financial Statements for the year ended 31 December 2025 Financial Revlew These Financial Slalements have been drawm up in Ihe stknnl of Recomftwded Prade ISORPI, revis•J 2019, d,The Financial RetK)rting StsThJard applicable in the UK & Reput1 ol Irekrbj, IFRS102). General unrestn'cted incc¥ne of £479,0({2024.. £437,C(wJl once again has exrwbj exrtUre of£447,CW12024.' £424,0(¥Jl resdl'ng in Nel Income 01 £32,00012024'. £13,000).. Adding the Pre-schoL4 'bUt of £12,OLN) and translerriro £80,000 to the Fabric Fund, resultsd in a Nel Movement In General Fur¥Js of -£36.OtKI12024.. £28,0001. The General Fund i8 now £123,LIJO12024". £159,000). %wth ts Fa"¢ Fund also increased from £182,000 to £262.000 in anticipalk)n ol devekjpmenl cost5. The 2026 budget for the General Fund was by CIO membets i) Novemtw 2025, •1)"pab"rvJ a deficit of L£24,000. A5 $hown beky under Reserves Poliq, the church has ge[al lunds of £123,(KX)12024.. £159,CoI. To make rt eaer for people in our cc¥nmunity lo eome into th& building and lo enable slep free aesS on the ficKsr. we are proposiNJ lo tNJthJ a new entrance. Hanning pem)issI has been reNed, and we anl'opale the build may be comtAeled by Ihe el 012026. TY) fiJther phases of de¥dopnI (Phases IA and 21 are also planned to indude turning church 180 degrees, Upgradi[ thè seNices and addirrfj h¥0 meuanine balo)nies and Ihen intr¢yJu&rKJ new tlets a FAanl ru)m as well as upgrading the incoming eledrical servic6s. The total budgeted cost of all Ihm phaw of deVeknpnt is anthcipated al E2.S)O,000 ¥vhich includes a 10% conlingancy amount. On 28 February 2026, CBC memtrrs aulhorisod BuikJiThJ Pr¢ Sub£ommrtte8 to go wth fundraising and then lo cary out Phases 1, 1A and 2 01 ihe buildirg pyogramnw, as availa8 Iw)ds diclate. We are eordiNJty F4annirg a gift day on 9Jnd8y 19th ri1 as part ol a programm810 raise the required funds. Pre-schwl relumed a defcil fu the yaar 01 £15,(th12024'. Surplus £16.Cthl after their conln"lyJtTh) lo the mam church ae¢cMJnts as mentr'on above, sts'll having reserves of £63.OC()12Q24.. £78,ocl. The budget lor 2026 has N)w been aeed by the Pre-Schc¥)I cmIttee and anlicipales breakven, Thgrg are sts'll Pre-sch1 place5 lor 202S12026 to a birth rats, sws are lak to fdl th8S0 SPgC48 in thg $umm•r tsrrn.11 is anliopaled that our Prfvschool 1$ 11 pla¢8d lor the ShortJd1Urn torm. The Financial Stalamenls and Notes lo the Finanud Stslements fv the yr ththj 31 Decerniw 2025 on pw 8 to 18. outlin6 the manner in which the Church's fvnds have been ap led. Resoms pollcy Al the year end the Church had nel assèts of £2.580,¢>X)12024.. £2,218.1)I of whh £420,00)12024.. £146,000) were reStred and £2,073,00012024', £1,973,000) were designated, Free reseNes Igeneral fvndsl We £123,cl2024.. £159.0001. Fathc Fund (desnated 9enerall was £262,00012024'. £182,000), lotslling £385,OtsJ12024.. £341,000). Thè Reserves Poky stales that the Church is lo maitsn unresln.ell fijnds al a Iwd wuaiès to fywity-fve pgr ¢anl ol annual budg8led expenditure lor the fortheomirg year. F¢y 2026 experthre i81eCaSt to té (£479,000. IhusClrttj for reserv86olc£120,000. CurreniGeneral RtsoNes are £123,000- policy mei. The Church Pre.school IStn.¢[ed fundsl has ts saff p)IKy. F X)26 eXFJ1I is fcthJsl to be r&167,CIJO. thus lling for rewNès ol c£42,000. Curr¢nl Resèrves are £63,000- policy mel. Trustees, responsibilitles In rolation to the Flnanclal Stments The trustees are responsible for prepariry the Trustees, Amual Re aThJ finanual 5ts18rn8nts in a¢)rdance wrth aFpIic8ble law and United Kingdom Aceounting Standards includiro finanaal pOrtir8 stsndafd FRS 102.. Fi)anoal RW'n9 Standard applicat4e in the UK and Republic ol Ireland (United Kingdom Generally Awpted Acc(xJnts"ng PractKel. The law applicae lo charities in Eld and Wales requi$ the trustees lo prepare finanlid stalewts lor each financial year which give a true and fair view ol the stale of affwrs of the charity aTrJ ol the incorne of the chaThty ts Ihat tertsl. In preparing these finarKAI slaternenls, the Iruslees are required lo". select suitsble acc(xJnting km)IK$ and them observe the rnelhods and prine$ in the Charilies SORP", make judgments and estirnales that are reasonabk and pnJdenL state ¥vhether accounts'ThJ 51andards have been fdbwed. Se¢l k) Y meril dep&re5 dilOSed and explained in the finanryal slalements., and prepare the finan ststwnentson th8 sying ccfflcem basis unless itls inapwopnale lo prewmethalthe charty will continue in bjgness. The Iruslees ao responsiNe for keepin9 proper accounting reo)rds that disdose wrth reasonab ac(yJracy at any hme the financial w&ition of the charity and enab them lo ensure thal the finanoal statements cfjrnply wrth the Charit*s Act 2011, the Charity IAccA)unts and Reports) Regulats'ons 2008. and the prowwns ol the constitution. They are also tKInsl safeguardrrfj the assds of the charrty aThJ ce fortaking feasonablo steps to prevent and deteclfraud and otsr IrregunheS.
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Indep8ndent oxamination JCS Accounlants kn.mIt TeaFF(fflted as the ljwnt Examiners to the Churth at the Fdknwship Mee*'ry held in June 2025. Approved by the Trustees aThJ $9n8d behaff by. Twslee.. N J Green Ichair ol Tnjsteesl Trustee.. W K Street (Treasurer) Dale., 19 May 2026
CHEAM BAPTIST CHURCH Unaudited Report and Finan¢lal SLitsments for the year ended 31 December 2025 Indèpendént examinerfs report to the trustees of Chthvn Baptist Church I report lo the thanty trustees C my c4 the x¢)xmts ofthe Cheam Bwt Crth Ilhe Charity) for wrended 31 tkncember 2025 sel out on pages 8 to 18. Responsibiliti and basis of report As the charWs trustees Y are respon&tle tsthe WeTalK)n ofthe accwts in ilh the Tequirerrnts ofth8 Charthes Act 20111.lhe Aet'i. I report in respect of my examinalK)n ol Charity's ac(ounts as caniJ ¢yJt j8T section 145 01 Ihe Act aThJ in caryiThJ Jt my exarnin81 I have followed all the applioble T8¢don$ given by the Clwty uTrJeT 14515llbl dtha Act. Indopondont oxamln•rf5 5tstsmgnt Since Ihe Chanty's gross in(t4ne exceeded £250,CIXJ your examiner must te a memter ola toty lth in sectM)Tr 145 01 the 2011 Act. l ojnfirm that I Im qualified lo uTrJertake tha examinakn L51 l am a ofts Irthrte ol Chartwed A?)ntsnts m EngL9r aTh1 Wales. which 1$ ede ol the listed bodies. I have ¢ompkgled my examitic. l ojnfimi Ihal M mallers have c(Th to my attenlkm wi wth IK9 examination gmng me cause to believe that in any matsrial respe¢t'. accounb'ng rectrds were rKJl kept resF4L# ol the CW as rwTwJ by sect 130 oflhe Ad.. c the acnts do not accord wtth Ihose reo)rds.' lh8 accounts do not cornply the applirat4e reqreMentS c¢e4M1ryj tha I( c¢Mrtwl ol ac&)unts set in Ch8rils (Accounts and R8portl Regulab'ons 2008 Ot than any r•Jiirwnenl that th8 a Inm aThJ ¥w' thd) 1$ not a maller cons#Ygred as part ol an indepgndenl examinat., or the accounts have teen wopared In Il mthjjs princw ol knnunb.ng Rep)rting by Charities.. Stslemenl ol R8commended Pracbce wlicable lo chantss preparirg tw acomts FNncbg1 Ret¥%ffj'ng StaThJard aFpltsble in the UK aThd the Republie of IrelaTrJ IFRS 1021 I have rYJ corKems and have ¢om& auoss no otsr maitets in the omannal)n to wfiiL* attenth)n shoukj be drawn in this report in order to anab è propgr undwstsnding Oft acxwnts to be rea¢ld. Miriam Hickson CTA FCA JCS Accountants Limrte 5 Rots'n Ho¢JJ Lane Sutton Surrey SM12SW Dalè..
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Statement Of Financial Activities for the vear ended 31 December 2025 Unreslrictgd Funds DKignat•d 2025 Rostrict•d Fmds Totsl Gon•ral 2025 2024 2024 2025 2024 2025 2024 £000 Income from.. Voluntsry income Donalions & Legacias Offerirgs & Dona1K8 Legacies Donats"ons rè Use ol Premises 4 Income from Chorilable ActiTAtss Pr&seh¢ol Other Acth"witieS Other trading activikn'8S Rental income Investrnenl income 8nd interest Interest eamed Total Income £000 £000 4c6 10 379 31 295 104 437 305 483 165 177 165 16 177 13 32 32 32 32 12 437 12 771 479 334 973 Expendilwé on-. CharItae Acilvilias CommunicabonlAdmln I11 Govgmanc81 Pr6miu5 Staffing Activilies missionlmlsary Support Grants Total Expgndltur• 21 24 21 133 318 71 128 171 24 110 335 91 16 16 18 154 10 150 59 164 35 128 447 185 32 10 424 16 16 219 659 in¢omellexpenditurg1 32 13 1161 1161 115 302 Gross Transfets beeen fvnds- in Gross Transfets behyeen funds- out 12 15 92 1921 35 1351 1121 1351 Not Movement In Funds 274 302 112 Batances Brought fwd1.12511.1.24 Balances carried hvd 31.12.25131.12.24 159 123 1,973 1037 146 2,278 2,580 159 2,166 2,278 l actNitie$ lalet0 wnb"nungadvrtw. Churth ha£ no tece4niWgansorkns6&80tsthanth(6eithknA 1,973
CHEAM BAPTIST CHURCH Unaudiled Report and Financial SLilements for the year ended 31 December 2025 Balance Sheet as at 31 December 2025 2025 2024 £000 Fixed Assets TarrfJibk8 Assets 1,775 1.791 Cuvr9nt A55•ts 12 Debl(Ks and prepaywthts stK)rt temi deposits incWxvJ Cash al Bank 193 21 500 521 Currènt Llabllitin: Je within cTh year 31 31 Net Currfjnl 487 15 Net As801s 2,278 Fund Resthcted 420 Urireslri¢Xed.' Gener Deggnal&J Ffftd Assets Fd 123 159 1.775 262 1,791 182 FabrK Fj 2.278 Approv&J by th6 Trusts9$ and s3ed their behaw by: Trustee.. W K Streel ITreasurerl Cha¥ of Tntstees.. N J Green Dats.. 79 May 2026 10
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 310ecernber 2025 Statement of Cash Flows for the year ended 31 December 2025 2025 2025 £000 2024 £000 2024 £000 Cashflows from oporating actfvllles Nel ino)melleynditurel 112 AdNJstments lor.. Depreciatk)n Interest Ilnueasel Deuease li trade and other rNablE5 Inuease IOe(rease inl trade and otner payabk5 16 191 11721 131 16 15 Cash Ilows gnernt from operntlons 134 132 Inlorest pab Nel ¢Mhflow Irom opèratlng xtlvttl•8 134 132 Caihlloi ffom Snv•sllng adl¥ltl•$ Fr0¥e ol pLqnl and eqim)ffthl Interest rec•h 12 12 Net Incrnaie I IdKr•as•l In ¢aih 143 144 Not• to th• Slat•ffl¢nl of CJihflo4120251 At31 l>•cember 2025 £000 At 1 January 2025 Non ¢•$h movements Cash fh)• £000 Cash al bank Loans laliig due withn one year Loans falmg due after more than ow Nel $h 143 143 Nol• lo th• Stat•m•nt of Cashflow4120241 At31 December 2024 £000 500 At 1 Jwuary 2024 £000 356 Non ush movements C•sh Ilo £000 144 £000 Cash at bank Loans lallro due wthin year Loans lallro due after m8 one Net cash 356 144 500
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Notes to the Financial Ststements for the year ended 31 December 2025 Accounting policies The Churth 6 a tharitab NKxryraled organtsatK)n. by ts SJ1Jn. Thechurth a regtslered tharty. number 1193212. Its prnLipal is 4 Park Ro, Cheam, Suttcffl SM3 . fts the defntrffl ofa beeThI FRS 102. The prinopal aco)untng pJfThs ath)pted, Nhdgerwts aThJ of WKertaty preparab)n oflhe rnan1 statements are as fobws.. lal Ba¥ls of A¢¢ounllng Th& finan1 stalernents ¥eprepared li afxfjrdaTh% with Ihe Chyth's Conslrtub)n, the Charthes Statement of Re(x)mmer¥led Practr ICharrts SORP 2019 IFRS 10211 and Reptrty Starthrd 102 IFRS 1021. The fmarKial thtements are drawn up on the hBtoncal cost bass ol arAxsunts'rrfJ. The fmaniial slalgmenls ale preparJ in stèthw. whK is Ihe fUndthl ojrrency of Ihe tharty and rounded to the nearest thousand unds. Golnq ¢on¢em The Iru5tees have prepareddetaled fecISI$ and cashlal * prOlS they tekn a based upm reanab 85yJmptDns. The forerasls show Ihal the tharty be ab to rat8 loreseeab lubjre Ihus ts trustees Cfjner l apPrOprte to prepare ihe financ4al slalemgnls a gong cfjnLrn bas5. Ibl Incom• AM income is induded in the Statement OfFan(la1 ISOFAI when the tharty 15 entld lo the ino)me. fl i5 probab that the income wil be rec4Ned and the arnounl can bg rdk4bty rneawred. Donatr)s. grants aTra grts. olh8r Ihan kngas. are uedrted lo the SOFA on recelpl. Tax is recoverab on Hltt)mè recehd under ¢Yt Aid. Tax re0)rab ts ats))unled lor n the ar n whth the don81k$ el¢. are receNed. Leg8¢0s are reneded n the Finan1 Statements whth Ihey 8fe noltsj. &wrnmenl Qants 8fe reccgni8ed n cOme when Ihg prc#%eds are recwed or rNab. Al und8ggnaled apphBd to thg u0$[rK#8rf IfAnwdl FuThJ. Y4lith 81 the ggrw4 ey4enses ar8 mel. UnrestrK#ed de5#3naled funds eyjsi lor dlferenl hJncli)n5 01 the thurth aThJ lo wi wlh JMnaI. These fijnds may TeceNe an aloc2'0n from the UnreStrtsd IG8nera4 Fund each ar li a¢dar wlh Ihe arrKo%d 8udgel. Restrthd ii¢x)m6 is whb (gn onty te used for ts tWftX by the ¢S)rw. ¢¢1 Expendllur• Expenditure is thafgod lo Ihe Stalemenls on an ba Costs ofactNitss direaty rektyig lo the workof 15 al e¥eTrJknJe dwedty reblry lo the (Mas of the Lurth. Suth o)sts albcotsd ttheen thè fTht tharitabkn adMb85 LKt wjjded i) Statement ol Fiwnrial AdNm. Grants payab are payThents made Ihwd pwls ffl fiKtherance of the Cl#Kths i>arbts are wJ))untsd lor On lh8 redpnI has been nolifpd ollhe grant award. Idl Tangiblg Flx•d Ass•ts In ardan wth FRS102, Ihe Churth has not adopted a poky ofreYabJaon. FreelK4J and hJklir¥Js purd)8d prtir to1996 were brought into the baLince sheet at a fdkjatm as at December 1. Thw re then treabj as them&J 0JS s 1996, properlps have been prtal'sed al (x)st. Where the churth eni)yB lh8 rpJhl to use the prrn4 withtyjt kngal OrI). the lar vahA of Ihe as1 when first made aval*) 18 recOgned as in(y)me and a rvJhl ol use fv£d asseL Fixtures and ffthrKJs Wrthased prbJr lo 1996 are wKJ8red by ts Tnjleesks bg 01 fv) rEI tr<•Jk yak. Pur{9 ol fLthres, fittngs. fiJrniture, eqwMI £5,C&J are not ratsed. 12
CHEAM BAPTIST CHURCH Unauditsd Report and Financlal Slatements fr•r the year ended 31 DeCber 2025 Accounllng polkle$ lcont'dl lel Depreciation Freehold buildings.. The Ihurth has a ol carrj out regu&r rnanienan and repais Ige$ lor are reo)gnised in the SOFA) sJ(h that the awl i5 kept lo ts aw8ed #andard of perfi)rMan. Freehc4d bnd and LwfyJir¥Js are not depre(ialed 8s Ihe drflerenL¥ beeen thwr regJu81 vabje thwr carr arnount S gJth thai any depftr thafged, aTrl tyJmUI depreiiat¥)n, woukl rK)t be materBI. An irnpa¥ment revw ofgjth ftted asts n &rdarKe wth FRS 102 S&b)n 27 ts tled out as at 31 DeMtser eath ypar. Right of use buildlngs." The London Baptsl ProFerty 8oard acts as cuJn Tr ol the Chur¢, Churth Hals and Churth House al 12 Park Road. The Churth, as benefrgl user. paF no rent. but 11gJre$. repar& and en the unfettered use oflhem. As we ha an indetermnal8 ruhl ol use, the Trustees c&i&der Ihal these pr(wS sh nol be de(eoated. the garages are depre(ted. Dgpreaation on al other fixed assets L% tharpa as fol)w&" Cate90ry Leasehold buJiws Equipmonl Method Slra¥Jhl Strauhl Pwlod or rnts Lle olthe 3$e 3loar$ If) P¢n6lon• pens atrIbUtiOns, whwe apwowAle, we m•J8 li ts name ofgmt)>es Hokbrs. Igl L•asgs RenlaL5 Payab Mder owratry kase$ aro tharged to ts Swemwrt ol Fm¥K4al on a a•3ht.kne bass tr•r thè 8s& term. Ihl Flnanclil In•tNment• lal Flnanclal Ass•t• Cash. Cash and cash equNaknts ffi the 891 al banks vi hand arhj &lort.tsmi de$1$ with an Lryinal matyrty datè ol three monlhs or $8. O•btors. Debtorswth no sloted interest rale rec4hth wlth cTh >tar are reoxded al the tran•JbM Pr. Ibl Fln•nclil LbIlItIeS Cr•dltorn. Credors wth no slated ii18resl fats ar#J paytbk h11 >4r We reoxthd at the traThsath)n WK. 111 E8tlfflot•s and ludgem•nt$ The preparatm ofa sel olFnanc41 Ststernents li eath iiLJdes a nurnr of estimaies and &JeMents, are made by the finan team on behatt ol U)e trustees on a rer[m9 aThJ -off ba The mo& 4nrfKanl einaies and pAgements rnade in 2023 land the prior yearl are.. lal Cla$gllkatlon of •xpen The dassfficatson ol eynses behveeft the tharitabk ol corMiunr2iA$n1. emIses, Staffing, ALwties and MBgonlMBsh)nary Support can ndjde a degree oliJdgemenL a5 certaii eynses uyjkj be das1 Nito more than a(AMty. Thgfinano team lo dassly a ojst Mto a rtain admty li orderto keep tx)ng#ency wth othero)sts and wlh par treatsn8nL Theyofien d50 seek to uerstand IL)rth the prinary wrpose of the C51 belNe makng an approprwte dassfK4tKJ). Ibl L¢ga¢y Inwmo r•¢ognlllon Lega(s are credrted lo the SOFA i) the Ki whth the tnefaLtor d1 Twhere ts amount reNab can be rehabty determined and it is Obab that rt ba receNEd. Icl Dgprgclation lives and m•thods The Chwth depreL?ales al assets er Iher esLmated ufLd an atvoprote meth(xJ io matth ts eypense with the beneft red. The Churth alw thooses not lo depreiyale its freehokl properties, ead r¥j the caprtalwd costs fgr Inparnl. The d)oK* ol INes methods for depre(iatbM and the payMent re¥w Inth a Nrnber 0fnKant esllnates due tri the unkiue nalu re and cond.0 of the assets. 13
CHEAM BAPTIST CHURCH Unaudlted Report and Financial Slatements for the year ended 31 December 2025 Ollerings and donations Unroslricted Fund$ Restri¢ted Funds 2025 2024 £000 265 139 Regukr gvi)g Lump wm donalKsns Sunday offerings InLYme tsx re(X)rab 281 31 79 73 73 437 71 31 L&gaci•$ Two bgaaes lotakng £305.000 weve relrynd aTrJ be dLStrlX acoydThJ to the W85 ofthe Ie1$12024.. £50,OLhJl. Incomo from Charftablo 4¢tiviti•s Unrn¥lri¢t•d Funds R•strict•d Funds 2025 2024 £000 165 £000 1TI Pre.sthd Inole 14al Aduh Mt5 Youth aclNrfs 13 t8S Oih•r A¢llvltlo8 R•ntsl In¢offl• 202S £000 2024 £000 Gar¥Je8 Hou59$ 23 32 endituro on Charitabkn Actpiili•$ Communl¢allonlAdmlnlslrnllon Unrestrl¢t•d funds £000 17 D•slgnated lunds RIStl•d fund$ 202S 2024 £000 17 £000 19 Of& Cos¢s 7¥ernan ' 21 21 24 'lrtlLwJès £4.Q(Q12W24.. £3,Lb)Jl IrerthrI Ex4mw Fee PTemise$ Unrestrfcted funds Donat•d funds Roslrf¢tod funds 2025 2024 £000 48 Ulle8, Hou5ekeepiig & Cnry Manlenan(. knrance & Rgpais Dev6k)pment Equ)ment & Dre(jaIl)n 48 48 51 15 19 133 15 10 19 110 16 16
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 Staff Costs Unrnstii¢ted funds Designated funds Restrkted funds £000 143 2025 2024 £000 293 16 19 SaLirEs Imd Pre-sthoo Employer's NIC PensnS Stalf E¥penses 133 276 17 18 16 164 154 318 335 No Trustee i% remuner818d byCBC apwt frcffi the belx nts 18kted lo the Pathr and Asxiale Pask)r WI are ¢)fK¢ Hobjers. as permitted by the CIO Constilutson. 2025 Elts Nl 2024 ER Nl lp•nd P•n5k¥ B8n•ffl In Klnd £000 Stlp•nd Penslon Bèn11$ In Klnd £000 £000 £000 Butther Christopher Fry Nel Rhardn 36 27 15 51 63 10 No empknyee or Off hold8r 0r £60,IXiI errMents. No olfrA hjjer recwJ a rUnd8n¢Y ortormlnalk)n paynwnl in ihe current or preLd#ig year. The number ol CATth Hohjers, phjs offlpws. was 512024.. 71. pbjs 10 Fkn-9kn4 emttys12024. 101. 9 Adlvltlos Unrnstrfctfrd fundi O•n•ted fundi £000 RMlrt¢t•d lunds tooo 15 2025 2024 £000 Pre.001 (note 1401 SpeCd Grants (Note 911 Mohlova Aduh actMb'e$ Youlh actNI FIEC Plembershp Worship 15 35 10 13 15 78 18 35 71 91 lal Granlg from Restrf¢t•d Fund•- Sp•¢ffl•d 8M•fklarf 2025 2024 £000 10 10 Campbel, Darren & RuthE ISIMI Greenwwd, Luke & Ania Islggwl Slewnger, Mark Imessage Trusti Varx)us CBC M6sty)nars SteEer EXpann Campagrb Hardship etc Other 15
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 De¢ber 2025 10 Missionmlsslonary Support Gran1$ Unrestricted Fund5 2025 £000 29 Restiided Funds 2025 2025 2024 2024 2024 £000 kndiv6duals Campbell, Darren & Rulhie ISIMI GreenwoThl. Jan IL8b"n Lnkl Greenwo(KJ, Luke & Anki ISte*prl $SSenger, Mark ILMng Hopel ZyTk9nova. Matthew & Vka (Stew) Edu, Eduard & VKx0r IARCAI Khrornv, Andrei & Natstha (ARC Varu$ £000 £000 29 25 25 24 15 25 25 24 15 74 74 Intemational Chrf$tthn Mlnlstrfls Steger PoLInLahOre Bb Miths 10 10 UK Chdsllan MlnlJtrf•s Reach South Sutton.Sthoo15 Worvcornmunty Works Other ISI RaaeL%) 25 20 128 11 Flxod As50t$ for Charfly U Fmhold Rlght of & Land and Loaehold Property Buildings £000 1,(p37 Equlpm•nt rFurnltyr• Totsl £000 1,9)1 Cost al 1 Jan %25 Addrtions Di%posaL4 At 31 D¢¢ 2025 679 125 {221 103 1221 1,879 1.097 Ao)Jmukled depre£¥al)n al 1 Jan 2025 Charge for year 0pOsaL$ Al 31 Dec 2025 14 16 1221 90 16 1221 104 14 Nèt book value Al 31 Doc 2025 679 13 1.775 Al 31 De¢ 2024 679 1.791 12 Deblorn ind pr•paym•nts 2025 £000 16 175 2024 Ino)me Tax Recoverabk Legacy debtor 08btors & Prep8yTnents 17 193 21 13 Llabllitbes falllng due thin one y•ar 2025 £000 13 18 31 2024 Aua Advan Recapts 15 19 16
CHEAM BAPTIST CHURCH Unauditsd Report and Financial Statements for the year ended 31 De¢ber 2025 14 R•slri¢lod fund$ 2025 Balanc• at 01Jan-25 kn¢om• Exp•nditure Tr4nslers (Net) Balance at 31.Do¢-25 £000 69 £000 167 DePartMts (14 a Worky Missi)n General MIsn3rY Sw(ifd Benefrnrns Spectsd BenefThr 11701 1121 32 1381 12081 146 420 2024 Balanc• at 01.Jan.24 kncorn• EApendtturn Trnn5fe (Not) £000 Balance al 31.DK-24 £000 £000 11471 1331 1391 12191 D8partrnen15 Imd Pre-$th9 ' Mwwary Speiifd B8neknr Speofi8d BeIrar 181 1201 1351 62 146 334 Dopartmonls- c4Jn>ja1ed departhenlal hJThJs. a brge prcs>ylp)n of is attrlwtsbk to Pre.&od. Dumg 2025 Prfrxlool contrited £12.00012024.. £15.WOI towards the¥ pmSettIIsYIs u)4& Worfd Ml$ilon G•nwal .for rep1 and distr11 lalwthj MLS8th Pthrs, d&Y8trth1 ofg6neral gts, don8lbJns 980 for Workl Miswn whith haw nol b8en desKJngted lor a Ms¥ry or rnLSyJn OfganI)Tr. Mlsslon•ry Specllled Ben¢ficS•rfv- &x recerl dthrrwil of $ de¥Jnated tnefK?ars, gJppMed ty Ihe Churth and inNtheO in Workj Mw)n. SpKllled B•nèflcl8d•$ Fund - rewt and distsjrseth of deyatad gffts kn 9Thtss, ThJMduab undertathg Chur supported aThJ rnisolanetyA thurth rrfcFds. lal PTrichool Thg Chur¢ oFerates a li thldren •3ed 2 b 5 Jws. iKcme aThJ eyrthre of Ihe Pre.&j dur¥ 2025 15 yjmmartsed bebw.. 2025 2024 £000 22 153 Inctsm• Fees LB Sutton - Nurwy ¢>anl Other t9 144 115 ln Expendrture StsfF rernuneratijn ACtswIs1l]her 153 15 135 11 146 15 Contrjulan re 12 su181{DelI¢I1) for year 16 15 N¢1 a$$•ts The folkywng tabb pro%•Yes an an of the net asts by FuThJ as at31 O&errthr'. 2025 Restricted Fixed Cxh Assets Oe$lgnalgd Genernl Total Tang Fvxed Assets Current Assets Current Liablth'es Lon*term Lbthts 1.7T5 1.775 836 1311 435 262 139 t.775 262 123 2,580 17
CHEAM BAPTIST CHURCH Unaudited Report and Financial Statements for the year ended 31 December 2025 15 Net A$$•ts (cont'd) 2024 Restrtct4d Cihgr D•signaled £000 General Total A550ts £000 1,791 £000 1,791 521 1341 TangQJ FLxed Current Assets Current Lorvj-lerm Liqbkns 171 1221 146 182 159 2378 16 Unrostrictod dfrsign•d Funds 2025 Balanc• at Exp•ndTrturn 01.Jan-25 £000 182 1.791 1,973 Trdn8f8rn IN•ti £000 Balan¢e at 31.Dfr¢.25 £000 262 1,775 2,037 Fixed assels fund Total dtslgnat•d lunds 1161 2024 Balanc• at Exp•ntllturn 01.Jan.24 Trnn$l•rn IN911 8alanc• at 31.D•c-24 £000 182 1.791 1,973 Fabr Fwd assets frjnd Tot81 de$lgn•t•d lundi 162 1,807 Fabrk Fund- an adMin&rat bJnd to a&Jw for WdriJiw n wthlrttwe fvcffj pr lo ar. Thfj i5 br mairtenancfj. 88rty, Healh & Safely. the Fire srn. dg9)ratThi rgbjrbthmenl of Chwth. Pla15 and Manses. Flxed AsJ•ts Fund Inolg 111. D0Ven of £16,1Xrf) was 8W50d fft 202S12024.. £16,CWI no ware purthased i) 202512024.. £nil. 17 Oporntlng leme ¢ommitm•nls As al 31 Drnber 2025 thg dwrth had rnmmtinwts for fure mmium a5e payThnts, undw nonance19bb 8$05, whth fal due as lolNs". 2025 2024 Due wrthin 1 ar Due wrfhin 2-5 arS Le88e expense for the ytar 18 Relal•d party Iransa¢tlons &'x Trustees and rekted p8ths12024.. 61 were reinbur5&J ewses r))rj on behaff of the thuith. Speaker fees 01 £315 were paxl to Iwo Trustees and Iravel rJx¢s 01 £1.230 were paKI f¢y 3 TTUStees to a fyant Pathr. Trustees Wa rts eypenses Mrred n performing their duties. most ol whith are and cannot ea be thntthd Ihosoal or parkThJ, stalery etcl. Trustees & re181ed pths made peTwno1 we-CAt Aij ¢SJnatMs to CBC 01£55.&12O24.. £69,Cl durry ther iffie in ¢)ffk%. £1,00012024'. £5,000) was pabj to CES who empkjy Trustee, Da%•J Hore. £2,5(Qwas paJ lo sscwr ol whk Nijel Bulther is a Trustee. Two rela1r&S of Trues were empkwd duri¥J the YEW. Th8r toll empkiyEe berts amwnted to £50.0(J)12024'. £67.0001. Inother reLg1i¥e 12024.. 31 prov¥Jed Pre.sthool Astanl Se the Far to £1.(th12024'. £3,(K(11. 18