Registered Charity number
1193456
FRINTON FREE CHURCH
A Charitable Incorporated Organisation
Annual Report and
Unaudited Financial Statements
For the Year Ended 31 March 2024

FRINTON FREE CHURCH
CONTENTS
Pages
Legal and adminislfalive informalion
Reporl of Ihe Trustees
Independenl Examir)er's report
Slalemenl of financial activities
12
Balan￿ sheet
Note5 lo Ihe financial statements

FRINTON FREE CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Registration Number
1193456
Adminislration Address
24 Connaught Avenue
Frinton on Sea
Essex
C013 9PW
Phone
01255 679585
e4nail
offI￿@frInt0nfvee.corn
frintonfree.com
Treasurer
S Bell
Secretary
M Betteridge (Resigned 13 June 20241
S Chandiwana (Appointed 13 June 2024)
Bankers
Lloyds Bank PLC
Victoria {309950)
PO Box 1000
BX1 1LT
Sollcltors
Anthony Collins Solicttors
134 Edmund Street
Bimiingham
B3 2ES
Independent Examiner
Tim O'ConTror ACA FCCA DChA
Scwtton Bland Limited
820 The Crescent
Colchester Business Park
Colche5ter
C04 9YQ

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Frinton Free Church changed its legal fom from a unincorporated charity lo a Charitable
Incorporated Organisation (CIO) on 1st April 2023. This has been accounted for in line with
The Charities Slalement of Recommended Practice {SORPI {FRS 1021 with the accounls
being prepared under merger accounting. The comparatives therefo￿ show the combined
results of both the unincorporated charity and the newly incorporated CIO, where the CIO
results for 2023 were nil.
Frinton Free Church, a150 knovm as The Free., is affiliated to the Baptist Union of Great
Britain.
Our Vision is that knte see a growing crowd. excited by God. becoming disciples and
bringing blosslng". This is the church we believe God has called us to be.
Our Purpose is in 'making every moment counl...to see live$ transfomied by Jesus" We
want to seize every opportunity to show everyone just how much they are loved and valued
by God and to see them join that growing crowd of people who are excited by all that he has
for them!
We are a community that values:
Cuhivating Disciples - Through worship, prayer and scripture
Breaklng New Ground - As pioneers and risk-takers wlh God
Renewing Wellbeing- Through encounters with God's shabm pea
Giving Generously - In response to God'5 overwhelming gra￿ to us
Belng God's Church- Wherever We the- We all have a fronlline
The activities of The Free have provided and continue to provide public benefit with
opportunities for spiritual, physical, intellectual. social and culluraS development and they
reach out into the heart of the local and wider community.
Review of the past year
We continued our pattem of services, vthich is 10am Celebration. 5.'30pm café church. and
7pm Thrive. We remain committed lo producing Sunday Online, which subscribers lo our
YouTube channel can access. DVD copies contsnue to be produced each week for those who
are still unable to attend and slTuggle with online technology.
We continued with our Hub of Hope as we value seeing people's mental, emolional and
spiritual wellbeing renewed. Our groups are safe and supportive spaces where it's OK not lo
be OK and where people can grow and flourish. Various well-being groups were setup post-
pandemic, and this continued to make a name for itself. There are named groups- Oasis
Community Café, which has been running for years. Dementia Café and Rersew Well-being.
Specialist support groups,. AA, NA. Breast Cancer support. Survivors Of Bereavement through
Suicide ISOBSI and Christians Against Poverty ICAP). Creative and Sports groups., Table
Tennis. Walking Group. Arts & Crafts and Crochet group. In the autumn and winter, we ran
our Meals Maller initiative again. to offer a wami space and free meal to those who were
struggling with the rising cost of living. We regularly had about 15-20 guesls benefitting from
a meal and the company. every Friday from November to March. We are grateful to Maureen
Hodgès and the leam for holding this together.

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Review of the past year (continued)
Oasis Community Café is a premises attached lo Frinton Free Church and run by a team of
30+ volunteers whose desire is lo serve God and their community. Oasis is nol only a building
rt is also aclivily, ideas, community, art, its people. From Art Gallery, coffee. and snacks to
Renew and Refresh Prayer space, Book club, Breast Cancer Support Group. Kid's Clubs,
Crochet, Craft and Lace making groups. Alpha courses and much more. Oasis is not exactly
a community space and not exactly a coffee shop but more an evolving idea. a way of doing
things. The café is open Monday. Tuesday. Thursday, Friday and Sunday momings. serves
up to 100 guests per day and people can pop in for free Wi-fi. coffee and snack. read the
newspaper or their book. or enjoy one of our activities. find someone for a chat, meel with
friends, catch up on work or take time to see the latest art exhibition.
Our ministry partnership of hosting a school on OUT premises continues. although this has
been renamed to Acom Allernative PfOViSlOn.
In July 2023, we re-elected Jane Keeys. Simba chand￿ana. Adam Hamer. Paul Watkins,
Steve Bell and Mark Betteridge as Trustees. This was in line with our new constitution that we
re-elect Irustees at the first Annual Church Members Meeting of the new CIO. Al the same
meeting we elected Natslte Harris as an additM)nal Trustee.
In September we informed the church that Mark Betteridge woukl be stepping down from his
role as Operations Managef, after 7 /2 years in the role. Mark and his wife Karen had decided
to move to Yorkshire lo be closer to famity. We imrnediately began the search for a new Ops
Manager and after an interview and seWion process. Jonathan Wrtght was appointed to Ihe
role. to begin in January 2024.
In November 2023. the church received the following leadership proposal=_
Folknving the completion of the transfer of the assets. liabilities and activFties of the Frinton
Free Church (charity number 1131856) {1he Unincofporated Church-) lo Frinton Free
Church (charity number 1193456) (Ihe CIO"), the Unincorporated Church shall be
dissolved- and
The charity trustees of the CIO be authorised lo..
appty to register the incorpofation on the Register of Mergers on behalf of the
Unincorporated Church and the CIO .' and
make any additional arrangements necessary for the Unincorporated Church to be
removed from the Register of Chartlies
This proposal was voled on and carried. The merger was subsequently registered on 4th April
2024 and the Unincorporated Church removed from the regisler of Charities.
In November 2023, we also elected the following Ministry Leaders.. Rob and Rochelle Rouse
for Marriage.. Dee Lolley and Jenny Procler for Women's Ministry., Pete Greene for Men's
Ministry,. Vicky Bell for Connect Groups,. Dan Thurston for Tech Team; and Steve and Sue
Bridge for Global oUt￿8¢h Team.

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Review of the past year (continued)
In February 2024. Mark Stubbs stepped dovm from his role as an Elder, and Steve Lane was
elected as Ministy Leader for the Hosting Team.
Membership" Over the year there were 35 applications for membership. Following deaths and
people resigning membership. we ended the year with a membership of 441. We rejoice that
14 people were baptised during the COLbrse of the year.
During the year, we also raised monies for olhef charities. For our Easter 2023 offering people
gave £6,220.39 for the Chandwana Memorial Foundalion {CMFI lo support some children in
Zimbabwe by providing School fees for the year ahead. For our Haryesl offering, people gave
£3,854.20 for The Tendring Tool Refurb project, and we also donated food to Walton Food
Bank. For Ouf Christmas Offering people gave £4,757.65 for Beacon House in Colchesler. For
our Easter 2024 offering people gave fof the ministry of The Light College. By the end of the
financial year £1,344.40 had been given. but the monies had not been paid over as the fund
was still open at this point.
Structure, governance and management
Reseryes
The unreslricted funds provide finance for the prOpert￿S held within designated funds and
also provide the wherewithal for the Church to meet ils financial obligations when they fall due.
The Trustees intend lo maintain funds that are neither restricted. designated or not financing
fixed assets at no more than six months nomal expenditure.
Risk Management
The organisation of the Church is constantly monitored by the Trustees lo guard against risks
Ihat may be present in organisations dependent lo a large extenl on the efforts of volunteers.
The fact that those volunteers have the interests of the Church uppermost gives automatic
mitigation lo the perceived risk.
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities = Slalement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102} and the Financial Reporting Standard applicable in Ihe United
Kingdom and Republic of Ireland {FRS 1021 and the Charities Acl 2011 and UK Generally
Accepted Practice and the accounting policies sel out in the notes lo the financial statements.

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Trustees and The Court of Elders
The Trustees, usualty meet every two months. manage the organisation of Ihe Church
and temporal affairs together with the Ministry Leaders. The Court of Elders, who usually meet
monthly. have responsibility for the spiritual aspect of the Church's work. Minislers attend the
meetings as do the Church Secretary and Treasurer.
On Ihe 1 April 2023 the Court of Elders from the unincorporated church were transferred
over lo the new Charitable Incorporated Organisation.
During the year the following We￿ members of the Court of Elders:
Minislers
Elders
Rev M Massey
Rev S Bales
J Hartnori
C Heffer
M Stubbs
M Wall
M Betteridge {ex officio to 1310612024)
S Bell
(ex officiol
(to 0410212024)
Subsequently to the year end, R Rouse and S Chandrwana (ex officio) were appointed on
1310612024.
During the year the following were Trustees of the Charity:
Trusteos
Rev M Massey
Rev S Bates
S Bell
M Betteridge (to 1310612024)
S Chandiwana
A Hamer
J Keeys
P Walkins
N Harris (from 2010712023)
The Trustees and Elders are elecled by the Church meeting which has the final authority in all
matters relating to the lrfe of the Church.
The key management personnel were made up of Rev M Massey. Rev S Bates. M Betteridge
(to 31101120241 and J Wright (from 0210112024).
Trustees Recruitment, Inductlon and Tralnlng
When a new Twstee is required candidates are identified by the remaining Trustees from
among the Church members for Trustees and extemally for Ministers. Twslees are sought
wherever possible who have the appropriate qualifications and experience.
The induction programme for new TTUStee5 is an infomial process through discussion wilh the
Trustees.

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Public Benefrt
In setting the Church's objectNes The Trustees have given carefvl consideration to the Charity
Commission's general guidance on public benefrt. In doing so The Trustees have complied
with their duties in Ihis area as sel out in Section 4 of the Charits"es Act 2011.
Plans for the year ahead
A Discipleship Pathway
We believe that there is always a next step for disciples of Jesus to take. These steps help us
to be with him. leam his teachings. to become more like him and to carry on his work in the
worfd. During the year we want to focus on developing this Discipleship Pathway lo make it
clearer for each of us to see what our nexi slep of spiritual formation might be. This will include
a series of short "Essenlial Disaple. courses booking at prayer. bible reading, givin9, serving
elc.
Church Gmwlh
God's Church is growing at The Free! We can all see Ihis on Sundays and also during the
week. This is wonderful, but now is the time to slop and seek God's guidance. What is He
saying to us? What does He want us to learn, and what might He wanl us lo do? We shouldn't
stifle this growth, bLtI instead see God'5 Kingdom continue lo flourish. We want lo give time
and space this year to seek God, listen to Him and perhaps begin to move where He is leading
us.
Building Project
During the coming months we shall present a plan to improve the situation of the Large Hall.
the storage area and the small kitchen. These areas are used by many from our community
and have been somewhat neglecled when it comes to refurt)ishment. It is our aim to bring
these areas up lo Ihe same standard as Oasis and No.4 Youth Centre. by redesigning them
to bring about a far belter environment for all those who use them.
Responsibilitios of Trustees for the financlal statements
The Church's Trustees a￿ responsible for preparing the Trustees, Report and Financial
Statements in accordan￿ wilh applicable law and regulations.
The law applicable to charities in England & Wales requires the Trustees to prepare financial
statements for each financial year in accordan￿ wilh United Kingdom Generally Accepted
Accounting Practice {United Kingdom Accounting Stsndafds and applicable lawl. The
Trustees must not approve the financial statements unless Ihey are satisfied that they give a
true and fair view of the state of affairs of the charity and of the incoming resources arid
application of resources. induding the income and expenditure, of the charity for that period.
In preparing these financial statements. the Tnjstees are required to:
select suitable accounting pokncies and Ihen apply them consistently:
observe Ihe methods and principles in the Charities SORP..

FRINTON FREE CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
make judgements and estimates that are reasonable and prudent:
state whether applicable accounting standards and statements of recommended
practice have been followed, subject to any material departures disclosed and
explained in Ihe financial 5talements- and
prepare the financial statements on the going concem basis unless it is inappropriate
to presume that the Church will continue in operation.
The Trustees are responsible for keeping sufficient accounting record5 which disclose with
reasonable accuracy al any time the financial position of the Church and enable them lo
ensure that the financial statements comply with the Charilies Act 2011. the Charity {Accounls
and Reports) Regulations 2008 and the provision5 of the trust deed. They are also responsible
for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Signed on behaw of the Trustees
S Chandiwana
Secretary
Approved by the Trustees on O I

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
FRINTON FREE CHURCH
I report to the trustees on my examination of the financial statements of Frinton Free Church
{'Ihe charity'l for the year ended 31 March 2024 which comprise the Statement of Financial
Activrties. the Balance Sheet and related notes.
This report is made solely lo the charrty's trustees. as a body. in accordance with section 145
of the Charities Act 2011. My work has been undertaken so that I might state lo the charity s
trustee5 those matters l am required to stale to them in this report and for no other purpose.
To the fullest extenl pern￿ed by law, I do not accept or assume responsibility to anyone otheT
than the charity and Ihe charity's trustees as a t￿. for my work. for this report. or for the
opinions I have forrned.
Responslbilities and basis of report
As the trustees of the charity you are responsible for the preparation ofthe financial statements
in accordance wth the requirements of the Chartties Act 2011 {'the Act,).
I report in respect of my examination of the charity's financial statements carried out under
section 145 of the Act and in carying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 14515llbl of the Act.
An independent examination does not involve galhering all the evidence that would be
required in an audit and consequently does not cover all the matter5 thal an au(Jitor considers
in giving their opinion on the financial statements. The planning and conduct of an audit goes
beyond the limited assurance that an independent examination can provide. Consequently I
express no opinion as to whether the financial slalemenls present a 'true and fair, view and
my report is limited to those specific matters set out in the independent examiner's statement.

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
FRINTON FREE CHURCH
Independent examiner's stalement
Since the CIO'S gross income exceeded £250.000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake the examination
because l am a member of ICAEW and ACCA. which are two of the listed bodies.
I have compleled my examination. l ¢onfimi thal no material matters have come to my
attention in connection wilh the examination giving me cause lo believe that in any material
respect=
> accounting records were not kept in respect of the charity as required by section 130
of the Act.. of
> the financial statements do not accord with those records" or
> the financial slalements do not comply with the applicable requirements concerning
the form and content of accounts sel out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the accounls give a 'true and fair
view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the exarnination
to which attention should be drawn in this report in order to enable a proper understanding of
the financial statements to be reached.
TIM O'CONNOR ACA FCCA DChA
Scrutton Bland Limited
820 The Crescent
Colchester Business Park
Colchester
Essex
C04 9YQ
Date..

FRINTON FREE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
Unrestri¢ted funds Restricted
Genoral Designated
Funds
Total
Funds
Combined
2023
In¢ome from:
Donations and legacies
Donations
Offerings
Income tax ￿fundS
Gifts
Legacies
Charitable activities
Grants
Groups and activities income
Church goods and serVI￿S
Local outreach income
Investment income
Rents Received
Bank and building society interesl
29,236
278,604
48,619
110
7.224
645
29.881
278.604
49.218
8,198
7,224
24,557
299,126
62.585
28,296
3,250
599
8.088
3,448
14,077
4.884
941
11,901
4,505
2.926
11.901
4.505
2,926
15,483
15,483
13,113
19
Total income
398.613
9.332
407.945
454,296
enditure on:
Charitable activities
Groups and activities costs
Ministry
Global outreach
Local outreach
Building maintenance
Heat, light and water
Small plant and equipment
Insurance
Cleaninglcaretaking
10,080
149.711
27,583
9.397
16.938
36.340
7.689
4.136
37.964
679
18.097
23.279
1,600
10,995
65.610
3,060
1,243
10.080
162.027
27.583
9.397
19.908
36,340
7.972
4.136
37.964
704
18,097
24,539
1,600
12,795
65,610
3,060
1,243
12,062
129,757
27.414
13,905
7,153
27,721
4.140
4.579
25,296
1,407
13,093
23,378
1,753
11.811
62,843
2,880
1,157
3,711
12.316
2.970
283
25
Fees and subscriptions
Catering
Donations
Depreciationlamortisation
Adminislralion
Independent examinerfs fee
Church goods and services
Mortgage interest
Defined benefit pension scheme
Interest charge
1,260
1,800
755
Total expenditure
424,401
1,800
16,854
443.055
374.815
10-

FRINTON FREE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
Unrestricted funds Restri¢t¢d
General Designated
Funds
Total Combined
Funds
2023
Net (expenditure)lincome before
Revaluations
{25.788)
(1.800)
(7.522) (35.110)
79,481
Gain on investment property
Revaluation
108.312
108.312
Net {expenditUre￿incOme
(25.788)
106.512
(7,522)
73,202
79,481
Transfers be￿een funds
Net movements in funds
Before other recognised
galns
(25,788) 106.512
(7,522)
73,202
79,481
Other recognised gains
Actuarial gains on defined benefit
Pension scheme
24,762
Net movements In funds
(25.788)
106.512
(7,522}
73.202
104,243
Reconclliation of funds
Total funds brought forward
121,571
507.275
10.133
638.979
534,736
Total funds carried forward
£ 95,783 £ 613.787
£ 2.611 £ 712,181 £ 638.979
Represented by:
Tangible fixed assets
Current assets
Total liabilities
19.174
100,569
123,960)
613.787
632.961
518.608
103,180
142.932
123,960) 122.5611
2.611
£ 95.783 £ 613.787
£ 2.611 £ 712.181 £ 638,979
See note 13 for the comparative Statement of Financial Activities analysed by fund.
Transfer on Incorporation
Frinton Free Church changed its legal fom from a unincorporated charity to a Charitable
Incorporated Organisation (CIO) on Isl April 2023. This has been accounled for in line with
The Charities Statement of Recommended Practice ISORP) (FRS 1021 wilh the accounts
being prepared under merger accounting. The comparatives therefore show the combined
results of both the unincorporated charity and the newly incorporated CIO, where the CIO
results for 2023 were nil.
11

FRINTON FREE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
Continuing operations
All incoming resources and resources expended derive from continuing activities.
Total recognised gains and losses
The statement of financial activities includes all gains and losses recognised in the year.
12-

FRINTON FREE CHURCH
BALANCE SHEET
AS AT 31 MARCH 2024
Combined
2023
Notes
2024
Fixed assets
Tangible assets
Investment property
21a)
21b)
107.961
525.000
143,608
375,000
632,961
518.608
Current assets
Cash at bank Current accounts
Savings account
85.132
119,973
11.001
937
270
10,751
Cash in hand
Building society deposits
Sundry debtors
2.256
270
15.522
103,180
142.932
Liabilities
Creditors: amounts falling due
within one year
Sundry creditors
Deferred income
20,560
3.400
16,061
3,100
23.960
19,161
Net current assets
79.220
123,771
Total assets less current liabillties
712,181
642,379
Creditors". amounts falling due
after more than one year
Deferred income
3,400
Total net assets
£ 712.181 £ 638,979
13-

FRINTON FREE CHURCH
BALANCE SHEET
AS AT 31 MARCH 2024
Combined
2023
2024
The funds of the charity
Restricted funds
Unrestricted funds".
Designated funds
General charitable funds
2.611
10.133
613.787
95.783
507,275
121.571
Total charity funds
£ 712,181 £ 638.979
Approved by the Twstees on
and signed on their behalf by
S Bell Treasurer
S Chandiwana- Secretary
14-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
a) The financial statements have been prepared in accordance with the Statement
of Recommended Practice: Accounting and reporting by Charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 and the Charities Act 2011 and UK
Generally Accepted Practice as it applies from 1 January 2019.
The financial statements have been prepared to give a 'lrue and fair. view and have
departed from the Charities (Accounts and Reports) Regulations 2008 only lo Ihe
exlenl required to provide a 'true and fair view,. This departure has involved
following Accounting and Reporting by Charities = Stalemenl of Recommended
Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
1021 (Second Edition) rather than the Accounting and Reporting by Charities..
Statement of Recommended Practice effective from 1 April 2005 which has since
been withdrawn.
Frinton Free Church changed ifs legal fonn from a unincorporated charity to a
Charitable Incorporated Organisation (CIO) on 1st April 2023. This has been
accounted for in line with The Charities Statement of Recommended Practice
(SORP) IFRS 102) with the accounts being prepared under merger accounting.
The comparalives therefore show the combined results of both the unincorporated
charity and the newly incorporaled CIO, where Ihe CIO results for 2023 were nil.
The finan￿al statements have been prepared under the historical cost convention.
The financial statements include all transactions, assets and liabilities for which Ihe
Church is responsible in Law. They do not include the accounts of church groups
that owe their main affiliation to another body. nor those that are informal
gatherings of church members.
The CIO constitutes a public benefft entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the CIO ability
to continue as a going concern.
The financial stalemenls a￿ rounded to the nearest £1 and are prepared in
steding.
The following principal accounting policies have been applied".
b) The policy related lo capital expenditure and deprecbation is slated in the notes on
fixed assets and investment properties.
c) Donations including associated tax credits and legacies are recognised when the
Church is advised of the certain amount re￿•vable.
d) Grants re￿Nable are recognised when the Church is advised of amounts to be
received. Granls payab￿ are recognised when the commitment is made.
15-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- (continued)
el Direct charitable expenditure cornprises costs incurred in Ihe day lo day
maintenance of the Church's propety. the costs of Ministry ar¢d Mission and
supporting these acliviti'es.
Non charitable expenditure comprises costs of administering the Church, financial
obligations and other costs not directly connected with Evangelism.
g) The income and expenditu￿ of the various aclivities of the Church that hold
separate funds has been included in the financial statements. The individual
accounts for each activty are available as a memorandum accounl oulside the
financial statements.
h) The Charitable incorporated organisation qualifies as a small charity as defined in
the Charities SORP (FRS1021 and as such is exempt from preparing a Statement
of Cash Flows.
The Church makes payments into defined contribution pension schemes on behalF
of qualtfying staff. The assets of the schemes are held separately from those of the
Church. The amount charged to the statement of financial activities of £10,909
{2023 '. £8.9801 represents the contributions payable for the year. Pension costs
are allocated lo activities in proportion to the related slaffing costs incurred and are
wholly charged to unrestricted funds.
Under the currenl Recovery Plan dated 30 September 2020. deficiency
contributions are payable until 30 June 2026. These contributions were broadly
based on the employer's membership at 31 December 2014 and increased
annually in line with increases lo Minimum Pensionable Income as defined in the
Rules. On 30 June 2022 the Baplisl Pension Scheme signed an agreement with
the insurance company Just Group I'Just") to secure DB Plan Members. pension
benefits. Just are now providing financial backing for all pensions provided through
Ihe Scheme's OB Plan and following this Iransaclion, the Scheme no longer has a
shorttall. An updated Recovery plan was then signed in August 2022 under which
recovery conlribulions from each participating employer in the DB plan reduced to
£1 per monlh from August 2022. During the year the Church paid £12 (2023..
£1.9931 in deficiency conlribulions.
Restricted funds exist when funds are raised or donated for a specific purpose such
as propety purchase or special appeals. All other funds arising from activities of
the Church are unreslricted, however the Church has designated part of these
funds for specific purposes. The aim and use of each designated fund is detailed
in the notes lo the financial statements.
J)
k) The Church is a charity within the meaning of the Charrties Act 2011 and as such
is a charitable inwrporaled organisalion within the meaning of Part 11, Corporation
Tax Act 2010. Accordingly the Church is potentially exempt from taxation in respect
of income or gains received within categories covered by Part 11, Corporation Tax
Act 2010 or Section 256 of the Taxation of Chargeable Gains Acl 1992 to the extent
that such income or gains a￿ applied exclusivety to its charitable purposes.
16-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES- (¢ontinuodl
Le9acies are accounted for once the church is enlilled to the legacy. Entitlement
is the earlier of the church being notified of an impending distribution or the legacy
being received.
Financial instruments are classified and accounted for. according to the substance
of the contractual arrangement. as either financial assets or financial liabilities..
Short term debtors (financial assets) are measured at Ihe transaction price.
Short terrn creditor5 and loans (financial liabilities) are measured al the
transaction price.
Long lemi debtors and credttors are discounted. where required, and the
discounting adjustment would be material.
n> After reviewing the entity's forecasts and projections. the Charitable incorporated
organisation has a reasonable expectation that the enlity has adequate resources
to continue in operational existence for the foreseeable future. The entity therefore
cofllinues to adopt the going concem basis in preparing its financial statements.
FIXED ASSETS
2(a) TANGIBLE ASSETS
Fixtures,
Freehold property fittings
and
equipment
Oasis
No4
signated Funds-
Total
Cost
At 1 ApTiI 2023
Addilion
Transfer
75,000
126.575 109.912 311.487
18,836
18,836
163,288)
163,288)
At 31 March 2024
75,000
63.287 128,748 267,035
Depreciation
At 1 April 2023
Charge for the year
Depreciation on
Transfers
26.100
900
43.200
900
98.579 167.879
10,995
12.795
(21.600
(21.600)
At 31 March 2024
27.000
22,500 109,574 159.074
Net book values
At 31 March 2024
£ 48,000 £ 40.787 £19,174 £ 107.961
At 31 March 2023
£ 48,900 £ 83.375 £ 11.333 £ 143,608
17-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
2{a) TANGIBLE ASSETS - (conlinued)
All fixed assets are for use in pursuing the chantable objectives of the Church.
Up to 1999, the policy of the Church had been to V￿lte off capital expenditure as incurred.
To compfy with the SORP the Church has now capitalised, al cost. major expenditure on
property since 1994 and on fixtures, fittings and equipment from 2000, on the basis of cost
over £3,500.
Amortisalion is provided over 50 years on the value of the buiklings comprised in freehold
propety stsrting in the year of purchase.
Depreciation is provided at 10% per annum on cost of fixtures, fittings and equipment lo
write assets off over 10 years.
The Church first acquired property in Frinton on Sea in 1899. Up to 1993 the costs of
acquisitions were £2,471. bul there is no record of the costs of buildings erected on land
owned by the Church.
The insured values of the freehold property owned by the Church. induding the investment
properties, was £7.641.381 during the year (including Ihe insurance of property capilalised
al cost £75.0001.
The flat above No 4 is cJJrrently being let and generaling renlal income, this is the long
term intention of the church and on that basis has been reclassified as an Investment
Propety in 2024 and the fair value of the rented part of the building is included within
Investment Properties.
The freehold property of the Church is registered in the name of the Baptist Union
Corporation Ltd as Custodian Trustee.
The condition of the fixed assets owned by the Church is kept constantly under review by
the Trustees.
2{b) INVESTMENT PROPERTIES
No.4 Flat
Wittonwood
Road
Total
Valuation
Al 1 April 2023
Transferred from freehold property
Revaluation
375,000
375,000
41,688
108.312
41,688
108,312
At 31 March 2024
£ 150.000
£ 375,000
£525.000
The investment properties are carried at fair value, this has been dete￿ined by an
internal valuation. No depreciation is provided, in the opinion of the trustees, Ihis is
necessary in order to give a Ifue and fair view of the financial position of the charity.
Changes lo fair value are recognised on the Statement of Finanual Activities.
18-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
DEBTORS
Combined
2023
2024
Income lax refund
Other debtors
9,966
5.556
5.855
4.896
£ 15.522
£ 10,751
4 CURRENT LIABILITIES
Comblned
2023
2024
Accruals
Social security
Trade credilors
The Light College
15,760
3,456
13.080
2,978
1,344
£ 20.560
£ 16,061
5 MORTGAGE
2024
2023
Mortgage outstanding as at 31 March 2023
Less . Amount repaid in the year
66.942
{66.942}
Mortgage outstanding as at 31 March 2024
The mortgage was oblained to purchase a property on Wittonwood Road, which was
under shared ownership until Augu512013, from which date the Church look over full
ownership. The mortgage was advanced by Santander {formerty Abbey Nationall and
amounted to £150,000. The loan was repayable over 25 years by instalmenls. The
security on the mortgage was over the deeds of Wittonwood Road. The church decided
lo repay the mortgage early from the general funds on 31 March 2023.
19-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
6 RESTRICTED FUNDS
Balance
Non capital Transfer
at
Incoming resources
between
01.04.23 resources expended
funds
Balancè
at
31.03.24
Men's Ministry
Oasis l No4 Renovations
Meals Matter
Compassion fund
Other funds
645
645
2,970
1,594
5,388
181
2,970
1.229
11,982
673
751
7,107
829
1,116
513
337
£ 10.133
£ 9.332 £ 16.854
£ 2.611
The Oasis l No4 Renovatsons fund and the Men's Ministry fund relate lo gifts Teceived to fund
work in these areas. The Meals Matter fund relates to gifts received lo provide meals for those
struggling with the cost of living crisis. The Compassion fund relates to gifts received to help
those who are struggling. Other restricted funds relate lo amounts received and expended
during the year together with small funds with a c105ing balan￿ of £400 or less.
7 UNRESTRICTED FUNDS
Balance
Movement in funds
at
Incoming Expenditure, Transfers
01.04.23 resour¢ès (gains)Ilosses
Balance
at
31.03.24
General charltable
funds
121.571
398.613
424.401
95.783
Designated funds:
Property
Trust
No 4 Flat
Wittonwood Road
48.900
83,375
900
900
(108.312)
48,000
40,787
150,000
375,000
{41,6881
41,688
375,000
£ 628.391
£ 398.613 £ 317.889
£ - £ 709,570
-20-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
7 UNRESTRICTED FUNDS (Continuedl
The Property and Trust Funds have been designated to represent the amounts held in
xed assets in respect of the property in Connaught Avenue. Frinton on Sea, used for
Church purposes. The Wittonwood Road and No 4 have been designated lo represent the
amounts held in financial assels in respect of the property in Wittonwood Road and the
No. 4 flat.
DONATIONS FOR OTHER CHARITIES
These amounls represent amounts collecled for the purpose of donating lo other charities.
All income received was donated to each specific Charity.
Chandiwana Memorial Foundation
Tendring Tool Refurb
Beacon House
The Light College (funds yel passed on)
6,220
3.854
4.758
£ 16,176
9 STAFF COSTS
During the year the Church employed one Minister. one assooate minister. one operations
manager, one part-lime youth pastor, one children and schools worker. people part-
time on administration duties and three people part-lime on cleaning and carelaking.
None eamed in excess of £60,000 during the year.
Combined
2023
2024
Gross employment costs
Employer's National Insurdnce costs
Pension provision
184,718
14,618
10,909
150.900
12,075
8.980
Total employmènt costs
£ 210,245 £ 171.955
21

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
9 STAFF COSTS (Continu¢d)
The aggregate remuneration of key management personnel vms:
Combinèd
2023
2024
Gross employment cosls
Employer's National Insurance costs
Pension provision
102.938
10.335
8,550
94.220
9.792
7,900
Total employment costs
£121.823 £ 111.912
10 PENSION COSTS
The Church is a participating employer in the Baptist Pension Scheme {￿he Scheme.),
which is a separate legal entity administered by the Pension Trustee (Baptisl Pension
Trust Limited}. The assets of the Scheme are held separately from those of the Employer
and the other participating empkjyers.
The Scheme. p￿vIOuslY known as the Baptist Ministers. Pension Fund, started in 1925.
but was closed to future accrual of defined benefits on 31 December 2011. Prior to this
date the main benefit provided Ihrough the Defined Benefit IDBI Plan was a pension of
one eightieth of final minimum pensionable income for each year of pensionable Se￿iCe
together with additional pension in respecl of premiums paid on Pensionable Income in
excess of Minimum Pensionable Income.
From January 2012. pensi1￿ provision is being made through the Defined Contribution
{DC) Plan within the Scheme. In general. members pay 8 /4 of their Pensionable Income
and employers pay 6¥• of members, Pensionable Income into individual pension accounts,
which are operated and managed on behalf of the Pension Trustee by Broadstone
Corporate Benefits Ltd. In addition, the employer pays a further 4010 of Pensionable Income
to cover Death in Service Benefits, administration costs. and an associated insurance
policy which provides income prolection for Scheme members if they are unable lo work
due to long-term incapacty. This income protection policy has been insured by the Baptist
Union of Great Britain with Aviva Limited. Members of the Basic Seclion pay reduced
contributions of 5.10 of Pensionable Income. and their ernployers a150 pay a total of 5V..
The Scheme is considered to be a mulli*mployer scheme as descnbed in Section 28 of
FRS 102. Because il is not possible to attribute the Scheme's assets and liabilities to
specific employers, the scheme is accounted for as rf the Scheme were a defined
contribution scheme.
The Minister and some members of the church slaff are eligible to join Ihe Scheme.
-22-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
10 PEIISION COSTS (Continued)
Actuarial valuation as at 31 December 2019
A fomal valuation of the DB Plan as at 31 December 2019 was carried out by a
professionally qualified Acluary using the Projected Unit Method. At the valuation date the
market value of Ihe DB Plan assets was £298 million, whilst the level of assels needed to
pay benefits was £316fn, giving a deficit of £18m leouivalenl to a past service funding level
of 94 /.). The Church and the other participatsng employers in the DB Plan are collectively
responsible for funding this defTrcil.
The key financial assumptions underlying the valuation were as follows-
Type ol assumption
°A p.a.
RPI price inflation assumplion
3.20
CPI price inflation assumption
2.70
Minimum Pensionable Income Increase
0.50
Adjustrnent (above CPI)
Pre-reliremenl assumed investment retums
{gilt yield plus 1.75°/o pa)
Post retirement assumed investment retums
(including benefits matched by the insurance
policy) Igill yield plus 0.5¥0 pal
Minimum Pensionable Income inueases (CPI
plus 0.54/01
Deferred pension increases (based on RPI)
Pre April 2009
Post April 2009
Pension increases
Based on CPI an annual floor of OYO
and annual cap of5%
2.95
1.70
3.20
3.20
2.50
2.70
Mortality is assumed in accordance viith 80% of the S3NA stsndard mortalty table. Future
improvements projecled from 2013 in line with the CMI 2019 projection with a long term
rate of improvement of 1.75°A p.a. for males and 1.50/ p.a. for females. with the core
smoothing parameter and with additional initial mortalty improvement factor A=0.50/0.
The next actuarial valuation of the OB Plan ￿thin the Scheme was due to take place no
later than 31 December 2022. A valuats'on was nol required due to the updated recovery
plan in August 2022, that was put in place per befow.
-23-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
10 PENSION COSTS (Continued)
Recovery Plan
In addilion lo the conlribulions to the DC Plan set out above. where a valuation of the DB
Plan revea15 a deficit the Trustee and the Council agree lo a rate of deficFency contributions
from churches and olher employers involved in the DB plan. Following the 2019 valuation
a Recovery Plan was signed in September 2020 under which deficiency contributions are
payable until June 2026. These contributions were broadly based on each employer's
membership al 31 December 2014 and in¢￿aSe annually in line with increases lo
Minimum Pensionable Incorne as defined in the Ruth.
On 30 June 2022 the Baptist Pension Scheme signed an agreement with the insurance
company Just Group I"Jusl"I to secure the DB Plan member's pension benefits. Just are
now Providing financial backing for all pensions provided through the Scheme's DB Plan
and following this transaction, the Scheme no longer has a shortfall. An updated Recovery
Plan was then signed in August 2022 under which recovery contributions from each
participating employer in the DB Plan reduced to £1 per month from Atsgusl 2022.
Movement in balance sheet Ilability
Section 28.11A of FRS 102 requires agreed def￿11 recovery payments lo be recognised
as a liability- The rnovemenl in the provision is sel out in the table below.
31 March 31 March
2024
2023
Opening defined benefft pension liability
Less.. Deficiency contributions paid
Interest cost Irecognised in SOFA)
Actuarial gain on re-measuremenl of liatylty .
Irecognised in SOFA)
26.000
11.9931
755
(24,7621
Closing defined benefit pension liability
Comprises any change in ag￿ed deficit recovery plan and chang8 in assumptions
belween yearonds.
-24-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
10 PENSION COSTS {Continued)
The liability represents the present value of the defficil contributions agreed as at the
accounting date and has been valued using Ihe following assumptions by reference lo the
duration of the deficit ￿COVery pa￿ents..
2024
2023
2022
Discount rale
Futu￿ increases to minimum pensionable income
Amounts recognised in the slatement of financial activities
in respect of Ihe defined benefit pension scheme are as follows:
31 March 31 Mar¢h
2024
2023
Interest on Ihe defined beneftt pension liability
755
Costs recognised within net income
Actuarial {gainsylosses
755
(24,7621
Total {gainycosl relating to defined benefit pension
scheme recognised in the statement of financial
activities
£ (24,007)
11 CONTROLLING PARTY
The Trustees. as a b¢)dy control the charity.
12 RELATED PARTY TRANSACTIONS
All significant expenditure is only aulhorised upon receipt of at least Iwo quotations.
Transactions. including the reimbursement of expenses. were not material during the year.
Steve Bell, who is a Trustee, was awarded various jobs around the Church and the
Manses. He was paid on an arm's length basis £2.79712023= £1.414}and was nol involved
in the decision lo use his services.
Simba Chandiwana, WPK) is a Trustee. is also a trustee of the Chandiwana Memorial
Foundation, for which we have collected and passed on funds totalling £6.220 during the
year.
25-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
12 RELATED PARTY TRANSACTIONS (Contlnued)
The levels of remunerab'on are set by the Trustees.
The following Trustees have been paid remuneration as a resutt of Iheir employment with
the Church for To￿5 other than as a Trustee:
Employer's
national Pension
Insuran¢e provision
Gross
Rev M Massey (Ministry)
Rev S Bates
(Ministry)
M Betteridge
(Managin9 operations to 3111124)
36,150
33,600
26.370
3.733
3,382
2.594
3.615
3.360
1.312
Other than noted above. there were no further related party transactions.
-26-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
13 STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2023
Unrestricted funds Restri¢ted
General Designated Fund5
Total
Funds
Income from
Donations and lega¢ies
405,800
12,014
417.814
Othor trading activities
33.015
3,448
36.463
Inveslmenl incomg
19
19
Total in¢ome
438.834
15,462
454.296
enditure on:
Raising funds
13.219
13,219
haritable activitles
347.222
2,700
11.674
361,596
Total expenditure
360,441
2,700
11.674
374.315
-27-

FRINTON FREE CHURCH
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
13 STATEMENT OF FINANCIAL ACTlVtflES (Continued)
YEAR ENDED 31 MARCH 2023
Unrestri¢ted funds Restricted
General Designated
Funds
Total
Funds
Nel incomel(expenditure) bofore
revaluations
Transfers behveen funds
78,393
(66.942)
(2.700)
66,942
3.788
79,481
Nel movements in funds before other
recognised gain51llosses)
11.451
64.242
3.788
79.481
Other recognised gainsl(losses):
Actuarial gains on defined benefit
pension schemes
24,762
24.762
Nel movements in funds
36.213
64.242
3,788
104.243
Re¢onciliation of funds
Total funds brought forward
85.358
443,033
6,345
534.736
Total funds carried forward
£ 121.571 £ 507.275
£ 10.133 £ 638.979
Represented by:
Tangible fixed assels
Current assets
Current liabililies
Long term liabilities=
Deferred Income
11,333
132,799
119,161)
507.275
518,608
142,932
119.161)
10,133
(3,400)
(3,400)
£ 121,571 £ 507.275
£ 10.133 £ 638,979
-28-