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2023-12-31-accounts

ANNUAL REPORT AND ACCOUNTS 31[st] December 2023

BEWDLEY BAPTIST CHURCH

Registered Address:

61 High Street Bewdley Worcestershire DY12 2DJ

Charity Registration Number: 1195043

Names of Managing Trustees:

The Revd Simon Harry Minister Sue Blyth Minister Lynne White Trustee (stepped down 28th March 2023) Mary Farmer Trustee (stepped down 28th March 2023) Jo Lane Trustee John Rhodes Trustee John Rand Trustee Jeremy Datson Treasurer Sara Pelham Trustee Tony Davey Trustee Wendy Harper Trustee (elected March 28th 2023) Elizabeth Lee Trustee (elected March 28th 2023)

Property Trustees:

The Baptist Union Corporation Limited Baptist House 129 Broadway Didcot Oxfordshire OX11 8RT

Bankers:

HSBC Bank Plc 31 Church Street, Kidderminster DY10 2AY

Independent Examiner: Susan Cooper

Annual Report for 2023

The Trustees present their Annual Report and Financial Statements for 2023.

Aims and Purposes:

The Charity is governed by an Approved Governing Document which states that the principal purpose of the Charity is the advancement of the Christian Faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine.

The Church occupies premises which are held by the Baptist Union Corporation Ltd, on Trusts which are entirely compatible with the above object.

Objectives and Activities:

In order to achieve the principal objective which is set out above, the Church provides a variety of activities both to its membership and to the community generally. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord.

Central to the work and witness of the Church is the provision of regular public services of Christian worship. The main service is the morning service, but other services are put on throughout the year, especially around Christmas and Easter.

The Church runs a series of house groups for the growth of faith and discipleship in the homes of some members, and further details of these can be obtained from the Trustees on request, or at the Sunday services of worship. These are all now in person.

The Church is responsible for a Mother and Toddler Group, Noah's Ark, which meets in the Church premises on Monday and Friday mornings, with the purpose of assisting the community and demonstrating the love of Jesus Christ. Allied to the Mother and toddler group is a meeting for dads and their young children entitled ‘Who let the dads out’ which meets once a month on a Saturday morning. We have Messy Church on a quarterly basis. The Church runs various events for Young People and for people in the ‘Third Age’ such as a weekly Art Group and a Renew Wellbeing Cafe.

Achievements and Performance:

The Church does not measure the success of its programmes only in numbers, including financial numbers, but also in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure, and believe that 2022 was another was a good year for the church.. People within the church continue to show considerable care for each other and mission opportunities have been creatively found.

At 31[st] December 2023 the Membership was unchanged from the previous year at 112 members

Average attendance to worship services remained stable during the year, and is split between attending the building, watching live on zoom or watching on youtube later in the week.

The Church continues to make its premises available to local initiatives, such as the Bewdley Festival and one-off community events.

Financial Review:

The Church continues to raise the funds which it needs to carry on its activities from within its own membership and congregation. No wider public appeal was made for funding during the year.

The Church expressed its part in the life of the wider church by making grants to national and international Christian organisations and societies with Christian aims and objectives compatible with the Church’s own charitable purpose.

The Church remains dependent on its membership working as volunteers in all aspects of the Church’s activities, many of which run with little or no impact on the Church’s expenditure, but nevertheless contribute substantially to the achievement of the Church’s objectives.

The financial results for the year, together with a summary of the accounting policies adopted are set out in the accompanying financial statements.

The Trustees have established a Reserves Policy, and are satisfied that they have sufficient reserves at the Balance Sheet date, together with ongoing income anticipated, to enable the Church to function effectively in the coming year.

The Trustees have made an assessment of the major risks facing the Church, and are satisfied that there are policies in place to minimise these risks.

Total Expenditure for the year was £128,105. Income for the year was £111,999. The Net result for the year was an deficit of £16,105.

Income and Expenditure Principal Accounts 1st January 2023 - 31st December 2023

Summary
Income
Gifts and Donations
Gift Aid
Other Income
Total Income
Expenditure
Total Admin Costs
Total Worship Costs
Total Premises Costs
Mission
Young People and Youth Work
Total Gifts and grants
Total Ministers Cost
Total Community Pastor
Administration Staffing Costs
Professional Costs
Total Expenditure
In Year Surplus/(Deficit)
Transfers In or (Out) of Fund
Overall change 1 Jan - 31 Dec*
General Account
2023
2022
81,500.10
77,883.93
16,315.73
15,635.70
6,362.55
3,053.08
104,178.38
96,572.71
7,212.48
4,202.33
2,617.25
3,085.93
17,731.76
19,057.79
11,307.78
9,240.83
457.33
1,035.48
102.80
175.00
50,146.86
47,159.91
23,807.73
19,984.94
8,644.24
7,927.56
299.22
3734.06
122,327.45
115,603.83
(18,149.07)
(19,031.12)
159.75
Food Parcels
2023
2022
664.95
906.03
51.24
93.88
716.19
999.91
1,150.68
919.79
1,150.68
919.79
(434.49)
80.12
Baby Baskets
2023
2022
2,824.70
3,503.34
484.00
597.84
3,250.00
6,558.70
4,101.18
4,080.81
3,509.51
4,080.81
3,509.51
2,477.89
591.67
Other Causes
All Accounts
2023
2022
2023
2022
540.00
2795.70
85,529.75
85,089.00
6.25
290.00
16,857.22
16,617.42
9,612.55
3,053.08
546.25
3,085.70
111,999.52
104,759.50
7,212.48
4,202.33
2,617.25
3,085.93
17,731.76
19,057.79
11,307.78
9,240.83
457.33
1,035.48
546.25
3,085.70
5,880.54
7,690.00
50,146.86
47,159.91
23,807.73
19,984.94
299.22
7,927.56
8,644.24
3,734.06
546.25
3,085.70
128,105.19
123,118.83
(16,105.67)
(18,359.33)
159.75
0.00
0.00
(16,105.67)
(18,199.58)
(18,149.07)
(18,871.37)
(434.49)
80.12
2,477.89
591.67

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Audit Copy Page 1 of 2

Balance Sheet Position for all Accounts for the Year ended 31 December 2023

Balance Sheet Position
Fund as at 31 December 2022
Change on the year
Fund as at 31 December 2023
Funded By Bank deposits
Petty Cash
Total Cash
Debtors
Prepayments
Less
Creditors
Accrual's
Funds as at 31 December 2023
General Account
Food Parcels
Baby Baskets
Other Causes
All Accounts
120,671.96
1,926.65
734.58
0.00
123,333.19
(18,149.07)
(434.49)
2,477.89
0.00
(16,105.67)
102,522.89
1,492.16
3,212.47
0.00
107,227.52
98,039.40
1,452.16
2,986.42
102,477.98
200.00
200.00
98,239.40
1,452.16
2,986.42
102,677.98
6,066.67
40.00
226.05
6.25
6,338.97
299.31
299.31
104,605.38
1,492.16
3,212.47
6.25
109,316.26
1,044.01
6.25
1,050.26
1,038.48
1,038.48
102,522.89
1,492.16
3,212.47
0.00
107,227.52
Summary of all Assets and liabilities
£
£
Buildings (notional Value)
750,000
Cash Holdings
102,678
Less Liability for Pension Fund*
9,900
Net Capital assets
842,778
Plus Debtors and prepayments
6,638
Less Creditors and accruals
2,089
Net Value
£847,328
Summary of all Assets and liabilities
£
£
Buildings (notional Value)
750,000
Cash Holdings
102,678
Less Liability for Pension Fund*
9,900
Net Capital assets
842,778
Plus Debtors and prepayments
6,638
Less Creditors and accruals
2,089
Net Value
£847,328
Summary of all Assets and liabilities
£
£
Buildings (notional Value)
750,000
Cash Holdings
102,678
Less Liability for Pension Fund*
9,900
Net Capital assets
842,778
Plus Debtors and prepayments
6,638
Less Creditors and accruals
2,089
Net Value
£847,328
Summary of all Assets and liabilities
£
£
Buildings (notional Value)
750,000
Cash Holdings
102,678
Less Liability for Pension Fund*
9,900
Net Capital assets
842,778
Plus Debtors and prepayments
6,638
Less Creditors and accruals
2,089
Net Value
£847,328
£847,328

£847,328

Notes Grant Receipts: Baby Bank Grants £3,250.00 Warm Spaces grant £650.00 *Pension Fund Liability is currently in a state of flux This could change with changes in economic growth but currently remains low

18/1/24

Audit Copy Page 2 of 2

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