Report of the Tiv•$ For Ihe Year Ended 3111 Decemb•r X124 The Trustees present their report with the financial stalemenls of Ihe chaiity for Ihe year ended 3111 Decembw 2024 CHARITABLE INCORPORATED STATUS Efim Baptist Church establlshed a choritable IncoOrated organisation on the 19ih of ju 2021 R•glsl•v•d Chathy Nvmb 1195215 Prfn¢lpal Addres1 Newbridge Road Ponlllanfraith NP12 2L8 Tiv3lees Susan Phillips IMini5terl Olga Williams Adele Pask steven Poul Phillips Nadia Champion Alan Webber STIUCTURE. GOVERNANCE AND MANAGtMEMI Go¥nIng Docum•nl The Choity i% C¢y)Irolled by Its goveming document. Board ot Trusleei The charity is organised. and F>ollcy ImF&menIed through Ihe boryd of trvstees who n¢ymO1 meet rnonlh. •cHon lo th• Board and TruJt•• tTalnlnq Trustees are elected by the Church members. Trustees trainlng wlll ¢cnlinue be provided to each tnJst•e in relation to their role within the chority. Rbk assessment The charity has designed a series of policies in order to ensure Ihat all risk5 are addressed. ond operations manoged in an eITlent manner. These are regulatfy reviewed in lighl of the changing statutory environment. 08JECIIVES AND ACTIVITIES Svmmary ol the obJ•¢ts of th¢ charfly as s•1 out In Its govmlng documenl The principal purpose of the church is the advoncement of Ihe Christian faith acccfding to the principles of the Baplisl denominatK)n. The church may also advance education and cary out other chCTItaEe purF)oses in the United Kingdom andlor other parts of the worfd. Summary ol th• maln aclMH•$ taken lor th• pvbM¢ b•n•ffll In rdallon to th•se obJ•¢ts In recording Ihe moin oclivlties undertaken for the public befIl in relation to our stated objectives and oclivities the aim has remained, as aaYS. to consi5tentty demonslrate the love of Je5vs, in bolh word and oetion and. therefore. bring people inlo a closer relationship with God. Central to the W¢yk and witne55 of the Church has been the provi%i¢n of a regular act of Chrtstian worship on a Sunday m¢)ming. This includes an Explorers club which tuns concuffently in the hall. The Wednesday evening Bible Study and Prayer Group meet on a Week bosis. The church also provided for weddings and funerals for its members and the local communify. In addilK)n, a Bereav&ment 5UPPOrt group i% offered to the local community.
The church has continued to operate a very successful Toddler grovp. and Baby group, and we hcve been involved in locol schools with school assemblies, cSass visits, and group visits lo the church. We have al50 hosted two sessions Wlth a local Beavers group. The Hall has Contnued to be used by the Butterflies group- lor parents who have experienced miscatTiage. stillbirth. or death of a child. and have gone on to have subsequent children- and the CHAMP'S group which was fonned for anyone in the local community who have, or are affected with. mental health issues. Both these groups were set up and are run by people from the local community. The hall is olso used f(y a Month surgery by local councillcx5. The chvrch grounds contain 5 allotments. One of which 15 token by a church member. one by a church neighbour and the remaining three by Social Services for their Care Leaver5 ond Yovth Offenderg SUPPOrt. The Church operates procedures and prolocols to ensure thal all people wothing with children and vulnerable adu115 ore appropriately velled with the DBS (Disclosure of Borring Service). ACHIEVEMENTS AND PERFORMANCE Summary otthe maln ochlevements olthe charlty durtng the perlod We must record our grotilude to everyone ot Elim Baptist Church for the w(xk Ihot they have continued to lailhlully undertake. The Trustees as well as mernbe arnd friend5 of the church have continued to brir)g their skills and experience lo enable us lo continue our work and witness. We have an effective Finance Team ond Safeguarding Team. We have also benefited from supporting student placements from CardrfF 8aptist College. We have had one baptism ond two people coming into membership. Tre church membership stands at 24. A5 0 church we continue to support a variety of Christian iniliolives (bolh in the UK and overseasl, and with other churches in the area facilitate Blackwood Foodbank. The church is a member of the Gwent Baptist Association. We continue lo enjoy gocKJ relationships with the other churches in Ihe area and conlinue to offer pastoral care to our member5 and the community of Ponlllonlraith. Due lo the pending retirement of Ihe cuThenl minister. the Trustees set up a group lo construct a church profile. this was completed in the Autumn. and o Seorch group ha5 now been set up to review any opplicotions for the minislerial position, which will continue lo be on a part time bosis. FINANCIAL REVIEW Summary ol Flnanclal Po$lHon The charify recorded an operaling Profit of £3.340.70 for the year. Tolal operating income for Ihe year was £31.621.98 Slalement ol pollcy on reserves The Irustees cre satisfied they have sufficient reserves, togelher with ongoing income anticipated, to enable the church lo function effectively in the coming year. Approved by the Board of Trustees on . 24L../3./.Zg.......... .and signed on its behalf by: Ade Pask- Churc Secrelary Alan We r- Minute Secrelary
Pontllanfraith
Elim Baptist Church
Report and Balance Sheet
For the year ended 31[st] December 2024
Minister: Rev. Sue Phillips
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Remembering our Members and Fellowship
Mr Eddie Howells
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Trustees
Office held
Mrs Adele Pask ~ Secretary Mr Alan Webber ~ Minute Secretary Mr Paul Phillips ~ Treasurer Ms Nadia Champion ~ Pulpit Secretary Mrs Olga Williams ~
Church Registrar ~ Mr Mike George BMS Birthday Scheme ~ Mrs Margaret George Finance Team ~ Olga Williams, Paul Phillips Rob Watkins, Alan Webber Parents and Toddlers ~ Sue Phillips, Olga Wlliams Babyzone ~ Olga Wlliams Explorers ~ Olga Wlliams, Adele Pask Flower Rota ~ Caroline Wlliams Safeguarding ~ Sue Phillips, Olga Williams Paul Phillips, Alan Webber
| General Church Account Opening balance Collections Appeals / BMS Grant from Baptist Union Other Grants and Donations Gift Aid Other Income Trf. from savings account Income |
2024 | 2023 | |
|---|---|---|---|
| 2,714.91 5,391.99 |
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| 16,936.23 17,485.46 1,034.18 519.59 8,597.36 8,087.84 427.37 212.00 2,796.90 3,054.08 1,829.94 1,993.93 - - |
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| Total Income | 31,621.98 31,352.90 |
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| Minister & HMRC Visiting Preachers Fees & Donations Utilities & Insurance Maintenance Sundries Miscellaneous Trf. to savings account Expenditure |
17,827.35 16,703.00 700.00 480.00 2,477.15 1,679.60 4,842.88 5,924.50 125.48 1,790.99 3,101.49 2,461.89 - 4,990.00 10.00 - |
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| Total Expenditure | 29,084.35 34,029.98 |
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| Closing Balance 5,142.54 2,714.91 General Church Account gain/loss 2,427.63 (2,677.08) Saving Accounts gain/loss 1,003.07 264.15 Overall gain/loss 3,430.70 (2,412.93) |
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| 5,142.54 2,714.91 |
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| Saving Accounts Opening balance 30,284.47 30,020.32 (See page 5 for details) Closing Balance 31,287.54 30,284.47 Parents & Toddlers Opening balance 1,073.90 817.89 And Baby Zone Income 893.00 1,062.31 contribution to Elim 600.00 550.00 Expenditure 326.18 256.30 Closing Balance 1,040.72 1,073.90 BMS Birthday scheme Donation to BMS 155.00 150.00 |
Page 2 of 5
| Income breakdown | 2024 | 2023 | |
|---|---|---|---|
| Online payments 9,115.00 9,445.00 Envelopes 1,365.00 680.00 Open 5,556.18 6,454.30 1. Cash not banked 900.05 906.16 Collections Total 16,936.23 17,485.46 Communion - BMS 404.60 252.59 World Vision Appeal 106.00 - Talents of Hope 388.98 - Christian Aid - 267.00 DEC 134.60 - Harvest Appeal - BMS Appeal - - Appeals / BMS 1,034.18 519.59 Grant from Baptist Union 8,597.36 8,087.84 GBA Grant - - 2. Bequests & Donations 427.37 212.00 Grants and Donations 427.37 212.00 Gift Aid 2,796.90 3,054.08 Toddlers & Babyzone 600.00 550.00 Other 84.94 211.93 Tiny Talk - 45.00 Hall hire 165.00 257.00 Funeral Charges - - Wedding Fees - - Champs 600.00 600.00 Allotments & 2 Elim Way 380.00 330.00 Quiz nights - - Post Office - - Other Income 1,829.94 1,993.93 Transfer from Savings Account - - |
9,115.00 9,445.00 1,365.00 680.00 5,556.18 6,454.30 900.05 906.16 |
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| 16,936.23 17,485.46 |
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| 404.60 252.59 106.00 - 388.98 - - 267.00 134.60 - - - - |
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| 2,796.90 3,054.08 |
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| 600.00 550.00 84.94 211.93 - 45.00 165.00 257.00 - - - - 600.00 600.00 380.00 330.00 - - - - |
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| 1,829.94 1,993.93 |
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| - - |
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| Total Income | 31,621.98 31,352.90 |
Notes:
1. Cash shown as not banked has been used for visiting preachers or general expenses which are included in the expenditure
2. We are very grateful for the following bequests
- £400 in memory of Mr Eddie Howels
Page 3 of 5
| Expenditure Breakdown | 2024 | 2023 | |
|---|---|---|---|
| Ministers stipend HMRC, NI Ministers Total Visiting preachers BUW Fees BUGB Fees GBA Fees Samarita's Purse World Vision Talents of hope Christian Aid Appeal Tearfund DEC Food bank donation Everyones Child Romania Professional Fees 1. BMS Fees & Donations Total Electric Water Insurance Utilities & Insurance Total Miscellaneous Blackwood Fire Maintenance Total CCL Licence Explorers Toddlers & Babyzone Cash expenses Wednesday Diner Communion wine General Misc. Stamps Sundries Total Bells windows Joshua Tree Services Miscellaneous Total Transfer to Savings Account |
16,351.58 15,455.04 1,475.77 1,247.96 |
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| 17,827.35 16,703.00 |
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| 700.00 480.00 |
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| 440.00 444.00 126.50 129.60 33.00 30.00 200.00 - 173.00 - 500.00 - 20.00 306.00 - - - 100.00 77.37 - - 407.28 270.00 500.00 400.00 |
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| 2,477.15 1,679.60 |
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| 3,074.11 4,287.00 151.26 145.29 1,617.51 1,492.21 |
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| 4,842.88 5,924.50 |
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| - 1,478.81 125.48 312.18 |
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| 125.48 1,790.99 |
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| 343.72 327.30 10.00 22.98 241.19 201.00 52.68 - - 25.89 - 17.35 2,441.90 1,867.37 12.00 - |
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| 3,101.49 2,461.89 |
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| - 4,990.00 - - |
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| - 4,990.00 |
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| 10.00 - |
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| Total expenditure | 29,084.35 34,029.98 |
Notes:
1. Donation comprises of £250 each to Laura-lee Lovering and Dave & Michele Mahon from communion collections totalling £404.60
Page 4 of 5
Elim Savings Accounts
2024 2023
Lloyds Instant Savings Treasurers Account
| Opening Balance Deposits Interest withdrawl Closing Balance Lloyds Fixed Term Account Opening Balance Deposits Due in January Interest withdrawl Closing Balance |
30,284.47 30,020.32 |
|---|---|
| - - 49.09 264.15 30,000.00 - |
|
| 333.56 30,284.47 |
|
| - - |
|
| 10,000.00 - - - - - |
|
| 10,000.00 - |
Epworth Instant Plus Account
| Opening Balance | - | - |
|---|---|---|
| Deposits | 20,010.00 | - |
| Interest | 943.98 | - |
| withdrawl | - | - |
| Closing Balance | 20,953.98 | - |
| Savings accounts closing balance | 31,287.54 | |
| Saving Accounts gain/loss | 1,003.07 |
Page 5 of 5
Elim Baptist Church Pontllanfraith Audit of the Reports and Balance Sheet for the period l January 2024- 31 December 2024 We the undersigned have examined the financial reports for Elim Baptist Church and for the Mothers & Toddlers and Babyzone In our opinion the fi nacial records and statements presented represent fairly the revenues collected and expenses paid. Lead Audltor Deputy Auditor Name: Hannah Morgan Alan Webber Sl8natures: Date loZ& Address: 73 FaiNiew Blackwood NP12 3NR Laurist y Coed Load of Hay Road Crumlin NPII 3AY
Elim Baptist Church Pontllanfraith Audit of the Reports and Balance Sheet for the period l January 2024- 31 December 2024 We the undersigned have examined the financial reports for Elim Baptist Church and for the Mothers & Toddlers and Babyzone In our opinion the fi nacial records and statements presented represent fairly the revenues collected and expenses paid. Lead Audltor Deputy Auditor Name: Hannah Morgan Alan Webber Sl8natures: Date loZ& Address: 73 FaiNiew Blackwood NP12 3NR Laurist y Coed Load of Hay Road Crumlin NPII 3AY