Central 8oPtist chU￿h
ch￿￿510rd
CENTRAL BAPTIST CHURCH
CHELMSFORD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

Cenlval Bapt18t ChuKh
Chehnjfonl
Contents of the Financial Statements
for the Y•ar Ended 31 March 2024
Po90
R•port of tho TWIt￿*
14
Ind•p•nd•nt Examln•V• R•port
stat•m•nt of Fln•ncl•l hthltl••
BJlJnGe Sh••t
Nots• to th• Accounts
8.15
Contents

Central Baptlst Church
CENTRAL BNPTISTCHURCH CHELIISFOIID
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 1024
Th8 Trust888 pr888nt Ihalr reput Ihe wdeperthty lh• ¢hMty lor ihe yeor end•J 31 Marth
2024. The Lruslees haye 8dcpt•d th8 prowison8 ol th• Sto1om•ni ol Recrrnerthj Pradic* ISORPI"Attothting aNI R•pcrtlng by
Ch8ritr8s' In wep8rtr¥J ¥nw•l rEpLYt ormj finwKial 8tatwnwts o1th6 dwity.
The f￿andals￿lements hove be•n prepwed In t*lth thE accoJthy policios Bet ITr notes to accwnts
comply %•ith th? charill8 governlng do￿￿8￿1, ch￿11&$ Ac1 2011 A¢cwntW 8Dd Repo￿￿ by Charl￿e5. Sl8tfjrnent of
R•Cc4nmande￿ Prncdce twlicut4• lo ch￿￿.?8 kY•pry Ih•"r 4cc4xdm *ith Iho F￿8[￿￿* St￿04
Ic4ble lrt the UK and Rowtylt rl k•l•nd puWI8W In Octtknr 2019.
The prtnGipal wrpo6e of the Churrth rema￿5 Ihw *¥ar￿ent ol the Chi*ian laith to LL% ￿ the 8￿0 end acccrdthg to th?
Inciple8 of the 8iW"*t 4JerWninol￿. Wo seek to wshy Gc*J. to moke saving in and Ihrough Chri$1 and lo
encoury orvè anElh•r as to Ilvo fgrth day by thy. Sunday wship sevvices wmfiin al of tyjr We
IBqeth8r and Inckjde spethe acth￿81 fcy chrfthen Church mfnb•r8 frfend$ •l•c mevt wl8rfy it lh•
dwrch and in small groups In eath other's Iwes 10 St￿ Iho WO *d Noy l¢)g&thor. SLWrt on• arKrthw, and 9rowffi•nd&hW8 In
a w•y thdt 61 ahKyi rthsible on Sur*Joys.
Whll8t the 8pend log•thor Bre ImP￿r￿, it FB pwt Of￿*1 s•ok to ¢h). fath mu8t al80 impoct on our dBy b) dBy
Iwd and th• m•mt•m Irbends I￿re acts￿ lhrwJhr￿ th• >w, m￿rI4 Gr*a'i bv• 10 thole wound thorn.
One in Mek lo prnm¢Jte the Ctrfflsfian ia tho ￿ph• c￿￿. Th• f•>Jrn• those th ￿$had to 1¢orn at￿¢
the C*A81S•n lahh lo do $0 tn 4 •rn1 tJrihr•aknty a rne¥.
Th• Churth tthlnuad In Its su￿ort ol i bro8d of fo¢01 4c11￿￿5 kn and Chelrn8frrt Includir¥J a night tshetter •nd 8
¢hlldren'¥ hogpi¢e. It 41$0 fin8noal WPF#y¢ to crth•r Glwlb88 th•t opw•t¢ nauonlllty Jmd O￿T¥88S where thelr trus ind
oble¢Ovo 1$ In Iln? ￿lIb ow purFW• cl •l¥tynorg falth.
A¢hl•v•miTll• Ind p•rfonnane•
The mhi•wrt•l tsam *N¥$ grm in the htar. h•th t￿ succe8￿1 r•cNthw* d • frjl Im• Amcthte Mlnilter, th¢ ¢onlnu•d
support d the k15nisler4n.Trainino Th••¢ porMa￿nI 8tsfflng ml•s ￿ fjvp￿ed by th Nmber of vdunte8rs that pro*Je ihè breJd
pa$lor•l $upwrt within tho CPoJffjh. ￿arCh ILYa y￿rth & Woth8r LYthnL*JS.
A8 al April 2024, we wel¢orDed 35 new fflembors Into the C￿. SJ m•rT*•ts ￿$￿rr*￿cornend0d to other chur(*•s c
re8igned thelr mem￿rIp. Sodty. B membws dled ￿rtr￿j th• 12 M￿h$ lo ￿1 2024. MEmbDr¥hy Awl 2024 IB w 264.
Church rn8mb￿s rwaty •￿￿100•] to etrrwnrt and engwe aYK1 in1w1￿)D8l￿ our Church famlty Ife.
C￿r hom8 graup8 ar8 avaiL￿￿ f¢Y Church mqfflbet5 Lo gel to knu* eac* (knr beitar, 10 6hara. h•rn •nd wow. #nd to prO￿￿e a kay
part oftho past<*AI #trudurè for th# clKrt* memL*r8hSp.
The Chuth runs a popular o Yuuth •%J Cknldren'5 pycwme. Chwch ffj9ul#r and ¥wled acti¥￿e$ 8tlendeO by
both young peotye wlthln the thurth arwj th• thur¢* fTmity. 80th Ihe c￿￿ren'¥ grrojp and ttle Youth g￿P apln
ran 8ucca&sftsl &ummw a¢DvHy
Page 1

Can￿1 B•t Chuvch
Chelmslonl
CENTRAL BAPTIST CMLIRCH CIIELMSFORD
REPORT OF THE TRUSTEES.
FOR THE YENJI ENDED 31 IAARCH
FlTh•nd41 r•vl•w
The B8laoG8 Sheet p￿n be fDund ￿ page 7. Thij Sh￿ Ihat al lh8 31 klyrth 2024 wi ass815 14w•, £538,707. RO$Br￿6
IGw•Aal •nd De8¥n8t•J F￿r￿s) totsled £1.392,412 and warnwrth'n tha p8r&moters dthe ReAenaB Pc4icy.
The Churth 15 funded by sx4ur41ary 9ft5 Ir(xn it4 •wJ r4 sthl•nb¥ly depwdwrt on 0 8hgle ¥our¢e of
GLYne. A further s(wc4 of fundkng 18 from inc￿￿ ¥w*¥¢t1 ty Wir*J its FYerniJ¢s lo Ixal crynpanes and LYganis*w¥ for
meetlnos. Whlle • Muple ol tr* Chwch'$ martstt hw• rnqukad io h￿se m￿15t￿8 af th• Church, tho88 h8v8
r8ni8d. rKowty 8r• rttend&J to be urAH Ilme th* tsy arB to h￿tt• o mlrastsr ol ¢he
c￿Tch.
As wt ol Ihg ¢hwch's ¢wlw m•n•g•nvts r•wurc•s. lh• TnAt••s rnwnwn A of caPff￿ •￿ts sho￿9 th6
poÈ8ibkn c08t and ￿mir*j cl r8placemonl and w accrrtance w¢h Reserv85 P*Jy. seek to retain fuThJs to meot the cos1 of rnajor
mwt•nance r•qulrqd M th• buildityk and MplacTrvJ •QLAwMnt. Whtt• ra&br¥os ￿Vestment into the mIn￿ty rrf tho churc
r* improv•rnenl& to Ih• ¢hJrch 8 A8É•t8 will ba CO￿10￿8d.
Pl•n* hr th•firtuM wlgd•
We hll￿ and pray thol in tho cAffllng fftr. kn411 ttj 46 a dyjrch I￿￿t￿•mY, 8nd w8>*lulty, in •upp¢)rt 01•gth other.
We con￿￿￿8 to *renglh•n OUT g¢Jv?rnance stwclvrv in e￿ArT9 th* ￿ fvw wr k*wJlb"es as 8 CIO lo thè thortUe8 ComMl&8len.
Wo arn In regulWt￿￿b wlth th• BU ar•J adv*• •nd nK•AS¥y or+ Ihtse mAtt•r*.
Cwtr4181ptlsi Ctturth. Chelm￿ord w*$ ctyvJtytuMd a• • CIO in Nmrnbv 20*. The Churth held amual 4wi¢•• •knty'w8 In M•y
2023 and Nvo new trw•lM5 w*r• 4•￿•￿, and Ihro¢ tru8109s L•adorship Te8rn ma•ting8 ￿￿uding all trusteos are
hdd b￿rnOnthty. There rnain Su￿¢DM￿ltteCS', th GtyYn•n¢e Team lor Financ*, AdmlTh. HR Op•ratlcfial
Issuesl and Ih• MI￿8try T••n Iwpgngible for Pastornl, Ms9kn, Evw¥Jell8rn, Prayar & W£ffshlp. Chlhlm & Y¢th. and Hom
Groupil. E•¢h tN$i¢• ond •88001owd ¢0oGw$ meo1 as lo dk8oJss aThd dacth on those mattor5 doiegat•d lo thom.
The 9rt￿p￿ trelr and a¢lio1￿ lo **d•rTft*t￿ 8001￿ M•sUno6.

C•nlral BJptlst Church
Cholmsford
cEP¥f￿ 8￿15T CHURCH CIELMSFORD
REPORT OF THE TRUSTEES. Eon¥nwl
FOR THE YE￿ ENDED 31 M*ACH 2024
R•l•r•n¢• •nfl admlnt•tr•¢E¥• d•t•ll•
1198431
r••* For C¢rv••pontl•no•
wi￿¢￿a Road South
Ch*m￿Ord
Esgex
CM11LN
TfU•M••
Re¥d. P MHr5d•n INI'rdot•rl
G Hop￿"n$ IMlni8iefl18pwJlntod 22 kl•y20241
C Hffjg (Train88 Minislerl IBPPL¥nled 22 20241
P Seago ITrusl88118Fpdnted 22 May 20241
M Law lTrvxt￿l(4p￿)Inted 22 May 20241
C Bell￿rthY ITrus¢eal lapwnted 22 klay2U241
S Parrottt ffwsto$1
P WIch￿ (Trustsel
V Soago ITniste•l
J Holman (fwsuwl IAF¢vJlnW 19 M•y 30231
J An•NJ (TN8fv•1 IAFOnl•d 19 I4•y 20231
C J•mes ffnJ6lMI IRM*Jned 19 May2W231
J Strde (Tn￿*&) IRe8kJnBd 19 Cklober 20231
RO￿and9 {T￿B8￿Ter) IR8Bi9ftBd 19 Mfiy 20231
A (Tnmleel IR•8igned 19 May 20231
G (Trust881 IReAigng¢ 26 20241
H R￿￿endS ITnJ8teel IR•BigMd 22 May 20241
A Fashgjo (Wor Trus¢•el IR?¥lgnod 22 M8y 20241
Cu•todl•n Tru4t••
Th& Bapts•t Uni()n CttF*y•bw ￿rrt•d
88ptlsi Hou•0
129 Br￿￿•Y
D￿COt
lknrd$hlre OX118RT
Ind•p•nd•iit Ex*mkn•r
Mudd Partnern LLP
Ch8rter•d A¢t¢untsN•
LJk•Yie* Hou
4 Woortsrcok Cm¢4nl
BlllortC8y
Essax CM12 OEQ
Sdl¢lt4Y•
Nwe 8pwnted
Barday8 Bank PLC
40141 Strwl
Ch61rngfofd
E$$ex CM1 1 gE
AlolrD Bart
38 StrB81
Essex CM1 18E
L•gal ststu
Tht C￿r¢hI# • Ch￿￿ble ICIOI. Tr* thurth is J fflerr&er Llth? B•ptk%t Urri¢￿. R i¥ govemed by a
Model Trust knrthn as the FaIrt￿rn Trusts a Deed of Trwt d8led March Xl
Publlc Ber￿fft
The Bnnual r8P(wt d6sc*b8B the XtNiti88 ty lh8 CIArth thnng Ihe ￿10 fiJrtth8r. kn tha ofth• tw$t￿$, Its
Chaiitab￿ purpos85 for wblic ben•fil.
Th8 tru8t688 8re of the epinKm thel tw h￿0 crMWT•Y tAilh the 17 01 lh8 Ch8ntie& Act 2011 to hav• du• rngard
lo the public benefrt gukartt [AIt￿lShed ty the Charity c￿nmI$S￿rL
Page 3

Contral B•pttst Churth
Chelmsfornl
CENT￿ BAPTIST CMIIRCH CHÈLMSFORD
REPORT QF THE TRU3TEES- Mnllnu•d
FOR THE YEAR ENDED J1 MARCH 2024
VolunlM¥
C￿traI 8¥pb$L Chur¢h. as ¥ll churth¢s, ¥ory d8pertdent cffl sts m￿b¥S lriends giwng freety d trwr fina￿88 and
time to Schiove its Ctfj'xti￿S. This Ind￿406 ￿•th thikkn Pety)￿ on 5thd•ys Ihrtyjgh the ¥￿ek, loading
varfouj group$ 8nd hcrfne groLV8. As akvays. Ihe h8Msl ra pknthil, t￿t Ihe I￿. wd #we Is •n to
¢ontinually entyArnge fvther ¥¢4ufiieerfno 8upFAYt.
Our Mlnislers 8nd Trustees, are SUPFUted tytr* **Jor mlTh8tryi*Jff Leam ¢¢mw191ry ￿ the Church hlmlnlstratorlPA,
tha Mlnlster-lfi-Trainlng and th• Promi58$ 14anagor. The Mntstry15taff 8lso inr*Jd8 a rrtjmber ol vclunteers prfmarily
pThide adrnirMstr8ti¥e and postml support Wo continue tg oncowa90 per*9 to give Ihelr b.me In sorAc88 to tho Loryj and
h18 Church, and of thélr gth&. We Ihwk all D•acJJn6 cknmly wbth a￿1 bupport th& trust￿ lft
th8 key arnas of C￿rth ministry.
Rl•k OMI￿1*
The asjessment of the ￿SkI tD hthich ihv clwjrch Li epwsed is m￿ltored Ihrwohwt the year by tyjr HealLh 8nd Safety and Flnan
Tearns. Hearth & Saf8ty WO¥181￿8 anth fminue p￿0 rovw* and updat&s, and rwrti by the 1•8m8 to
keep trvjtées the ¥Ader Church memt*rthip I￿5 the ￿lr￿thty Church mEefjrys1 knformvd of Kryt?St development?.
Setsgu8rdlng rem8lns a key conswatkm all thI￿r￿. and ¥therablo aduls. Tlwro Is a TdwBI
Syslam ond wocesses to •nsura that the Chur¢h Iwildry ar• In 88fe and s•¢l￿ ￿r￿￿￿on8, wSth CBrried out
regul*y where rffjus¥8ry. Th• Try8tou Orn 8at*ll•J Ih81 Ih•r• are rth*t 8y8torrd and cCrfrtr￿8 In paeo to Idènt￿ mibgai
rt$k8,
4)prowd by <*dor ofth• oltwir•M ￿ 07 Nwnbw2024 *)d •w*d by..
P Seago (S￿lL¥ Tru514o1

C•nlral Bapt￿* Church
Chelm•ford
CENTRAL B￿sT CHURCH CHELPISFORD
Ind•p•nd•rrt &x¥mln•V¥ R•port to th• Tnwl•w of 8•11•i Clwr¢h Chelm*fonl
FOR ￿ YEAR EIIDED 31 MARCH 2024
Indap•nd*tt EX￿In•￿$ R•p¢)n to th•Trusl••s of Cqntral I￿reh Chdmthrd
I report to th• chanty tru•t8es My clthe wjxwts the crrnp￿ lorth• yew 31st March 2024, wthich are set
OLJt on pages 6 to 15
RMpon•lWIIU•s and b•¥ls of rnport
As Iho r*•rily trUS￿e5 of Ihe c4ynpany Iwd Ihe wrpxtss cl c¢ynpary lawl Y￿ aro respon9￿k7 lor
pryrauon (rf the aCC￿nts In acccrfd￿￿ vAth r￿￿￿ents rl th8 C(*npthés 2CQ61'tl* Aeri.
H8wng Batisfl6d M￿ff thll¢ tho the wo Tr)t ratylr8d to ￿d•r Port 16 of Iho 2006 Act and are
•1191￿¥ for Ind•F*ndent e¥3minakn. I report in my of >thr ¢tmpaWs atttsjnts 88 camed out under sectic
145 01 tha Ch•rltteB ACA 2011 Ilhe 2011 Act'l. In cwryw¥J oul my 6¥Amln•ith I hty• th• DirncbrTh glven by the Ch8dty
Cornrnwsion und$r6•clir￿ 1451SXbld Iha 2011 P¢L
Ind•p•nd•nt ¥t•t•rn•
$￿ce the chaws gross ncom• •ue¢•d £250,CO) ywr examw mLKSt be • Trernb¢r of a tK*Jy Il$ied In 145 01 the 2011
Acl. I c<￿1￿ th81 1 arn quah'flèd lo undertak8 th8 t*c4Lw l •m 4 m•mb•r cl Imiitrrtg rf Ch￿re￿ A¢cwrt•nts in
Engk8nd w￿￿8, w*lth1g une of Ihe listed b(#JiM.
I ha￿ compkryted my wmin•Yw. l cwfirm th•t rYJ rfi*t•rn to my In tmth extrnknaticffl uiwng m
us•10 beli•ve thjl In reswcL
1. a￿O￿nIng rg¢or¥i not *•Frt kn ffjw•ct ¢¢yrtpwryM 386 of th? 20C6 Art. c*
2. the uccounts do not accwd *ilh th￿8 recrffdi..
3. Ihe •cct)Lrfi do not efjmpty •cc(NJnlng reqUIr•m￿lS ol 3% of the 21K6 Act othor th•n wy r¢qulr•m•nl th•t ty
8¢￿nt& 8 'LryJ8 and falr wthleh ts Tr)t B matter ccffij￿e￿ u wt ol ￿ Indepwdeni ex￿￿)0¥￿)..
4. th• a¢¢(￿￿tI h8v• not been prepared In accord￿ meihc*Js ano of ty SOt&ment ¢Y Reccmrnen¢Jed PTEct4c•
lor accowuna and ￿E¥￿n9 by IqpF4icab• lo char￿￿ Iwr •cwJnts kn occc*daNc* *lth the Financlol R•ptyUng
Stand*r¢* 09F4[￿lIe In the UK 8nd Rwub¥c 01 fr•l8r¥J IFRS 1¢r2ip
I hav• no ¢on¢8ms And hové no Olher rn*lerB in *ilh Ihe to vh*th ait•nl¥Jn oh0￿d be drwwn In
thig repc¢t in crfdar to 8nat4e a pry und•ritsn¢ir* olthf reathed.
L£
J A Sl8nl&y FG4 cffi b0￿ff ol
Mudd P8rtnern LLP
hart•red A¢r)x4nlwts
Date .' 07 November 2024
Billericay
CM120EQ
Ptye5

Central Baptl$l Church
Chelmsford
ENTk4L BAPTIST CHURC14 CHELMSFORD
STATEMEIIT OF FINANCiAL ACTMnES
FOR ThE YEAR ENDED jt klARCH 2024
un
2023
Incom• Ind •ndowm•nts Irorn:
ond
ch8n1a￿e xtl¥iti85
Inwstment Ir￿orne
265.638
265,638
173,426
34.346
24,275
46.892
Total In￿mIng rn8(w¢
371,036
371.036
232.047
Ex￿ndIturn on..
Ch8ntable activth"85
other
241,133
3,*7
12.9)7
SA1S
2Sg,75S
3.997
132,886
124.4371
Totsi Exp•ndlltsM
I￿13¢
118•7
5.815
213.752
108.449
Pl•t In¢orTh•ll•Jrp•ndllur•l
b•lorntr•n•l•rn ind I•￿1U•￿•n
121908
1111071
148151
107384
123,598
TrpJn•fern fund
P4•t IncoM•ll•xp•ndltur•l
1S.645
119.1661
3.521
141,551
131,9731
128941
107?U
123,$91
Oth•r r•cognls•d VIn￿le￿••I'.
G8ln$ w lh• lov￿at1￿ offixed o6sds
Othor liobility Fn¢)vernwls
N•t Mov•m•nt In F￿￿4
105.5CQ
165,SC
141.551
1JJ.$27
12,2941
271714
123.590
R•¢tsndM•¢￿n ¢lfvnd•:
To￿1 funds ai 01 Apdl 20fJ
239.981
eTT.373
1,632,129 2,749,483
2,625.865
1,632.129 2,749,463 2,625.065
239,961
877,373
TO1￿ funds at 31 March 2024
381,512
1,010,9))
1.629,835 3,022 247 2,749.483
Al Incom• and exwTrJilure deri¥e frc*n CA)AtirNinq
Movemwl8 on reJeNe6 aThl 811 reo)9nW 9a(n$ Icwes ar• atth•.
Tho ncts8 on p8geB 8 to 15 form part of ac0￿￿18.
Page 6

Central 8aptlst Church
Chelmsford
ENTR*& BWIST CHURC*1 ¢IELlfSFORD
BALANCE SHEEr
YE*R ENDED 31 M*RCH 2fr24
Flx•d AM•t•
Tonqlt4• 8M•t
11
2.483.540
2,322,2Tr3
A•uts
Debto
Cash 81 bonk ar*J kn hand
13
12
56.763
403.023
459,786
492.638
571.498
Cmdltsrn.. amtrJntB fallhig due rrn
14
32.791
NET CURRENT A85ET8
5W707
427,2eA)
Cr•dlton '. aM￿nIS afttr th
no year
NET *28ET8
3,022,247
2.749,463
ctrI￿lITy FUND8
R•%lrfci•d Fund$
UnrKtri¢t•d fvnd•
1,629.835
1,392,412
1.632.129
1.117,334
1&17
3.021247
1749,463
TOT￿ CH￿Ty FUND8
3.022.247
2,749.463
TRUSTEE Re8PON8IBIUTIE8
Undw the ¢hwtlg$ Act 2011, th• fru8ta•g ￿ r•¥*i•d to W¢PY• • •c<ounts k¢ ••ch ￿UnI￿4
Ich gives B tNe and faw ￿eW ol the slale dthe of th8 chLWCh.
Th•y are required lo..
. •elect iutt•bK• •)d thon aprty ¢M•it•nty.
. obmrwo the Metr￿￿￿ and the Ch¥rt* SORP 2015 IFRS 1021..
. mBkeludgemenls 8nd es￿rnateS Ih8t are rna&C￿atr￿e WL*dwd.'
. st8le whelher appl￿bkn •L¥￿j￿1￿9 standath haw 8thj.ect lo any rnateriol dop)r￿￿ dKlos•d ￿lj
explalned In the lknandal slalorMnts-
. prppam thB atatements cffl Iho g￿n9 concan bBwB rnsume lh¥ th• dwrfty wlll
conlnue in oper•lion.
The lnj8t￿ are few*bl• keeplng proper ac￿NIr￿j th•t M*th aC￿racY at any Ume
¢h8 financkql posib'on Oft￿ chwily w¢J en?￿0 lh￿ tQ that ¢ho fiTh￿81 sts(eft￿th etynply ChJrFbB8 Acl
2011. lh• Ch•Mll•s (A￿auntI R•p>1s1 R•Julab¢)ns 2c￿& and the of the trnst deed. Thty arè *lBo
responslble ￿r safeguArding the asset5 of the honca for f8a8uHbk8 &¢tys fw lh• ond
fr8ud 8rnJ other knrryAartyes.
Th¢ 8¢county tylh• TrLth•# on 07 Nowtr2W24 •J glfft beh•Kty:
P Seago ISenlorTM5teel
Th8 notgj ￿ page6 8 to 15 f(ffi part ofthese acc*JJm&
Page 7

Central Bwlst Churth
Chdmsford
CENTKIL BAPTISTCHUftCH CHELMSFORD
NOTES TO THE ACCOUNT5
FOR THE YEAR ENDED 31 MIRCH 2024
I ACCOUNTI4G POLICIES
IBI Conlrd gaplkst Chwth Choknstortl ￿ a r+3￿t￿•S d¥nty. r4).1196431 in El￿￿. The 3ddre55 Cf Iho r8gl8t8r8d office is
given In Ihe ch8rily inforniatior* on p48 3 d th8s8 11*6m¢rts. Th* rt8Wr• ol or4rnticffls aNI prirK
act¢￿￿8& Bra r8b9ious adwtie8.
The tharlty constitute5 8 publc benefft en￿ty 88 defin8d by FRS 102. The statements have be8n yepared In
accordanca wth Accounln9 and Reptybng by ch￿1￿&9.. Statarnert of Recommand8d Prscbce applica￿0 to Ch8￿￿¢5
pr•poring th•lr In ae¢crtwt• IN* FI￿nd81 Rwrtlng Swnd¥d ¥pli¢obl• In th• UK 4nd R•pubNc ¢y Weland
Issued in Octtjber 2019. the Financial Repykng Stsndanl apF4Kat4e in the United Kingdorn and Republic of Ireland. the
Chariues Acl 2011 UK Generaly Accepted Acc￿￿ PraclKe.
The ¢h•T)ly has aFFlied Updnte 8u¥Btin l a¥ ￿k¥he￿ on 2 Feivuary 1116 and dooi llot incbjdo a rAsh lknv ¥taternent
th8 grouth that il 1$ ap￿Y1￿9 FRS 102 Se¢lxm 1A.
The flrnndfl #alements wepwed to o 'tru• and ha¥e dyrt&J fvryn the c￿l￿￿e$
and Reprxtsl Regulaticns ZIyJ8 only lo the extenl requyed to kW•ide a 'lnJe and fair ¥iew'. This depa￿re has involv•d
le4￿￿1ng the Ac￿ntIr￿j and Chwtss. Sl8tvm•nl ol Recrmm8nded Praclice aFpl￿bkn to ch•ribos wepadng
their aGcNnts in scccffd8rKo *ith Ihe F￿￿rial Repcrfkng SI￿ard s￿ICa￿e in Ihe ￿ and Republie of Ireland iBsued In
October 2019 rather than the AGcowrting •￿j Reporkng by chWit￿ Stat￿ent ol Reccfflmended Prnctice effectivo from 1
A￿12005 Ithkh Shr￿ boen ￿hdra
The financial Slat￿on￿ are yepar8d a png baw the hNtcrical cost corvrfention, modffjed lo irrtluda
rt•ln lkns ot l•ir volu•. Th• ftr•xi*l ila¢whvds ￿ w•••nt•d In slwlThJ l• lh• fvn¢tsonal wrt•ncy ol lh•
gnd rounded to the near861£.
Th• iionific*rt •¢ec￿￿t¥¥j *i*J in th• of flnknts¥ it#•mwts IM wt oul b•hyw. Th•￿ pollel
hawa bryen ￿•161•nty￿ppIIo6 toall Y￿ Lthlobi a¥t•d.
Ibl Voluntary Income by w•y of ¢*rnlth$ ghls Is inrathd ￿ full St•t•nvrt rf Plnondgt AthMtI
en received.
1¢) Re41Aded fvTrJ• ar• to b? uoed for Ihe Sp￿￿j dw. E¥wdknJr• *ttl¢h m•ols the$• thtgrf411
Id•ntlfi•d 10 th• lund
It11 Unmtrictsd funds du)8ts't)n$ and oih•f w)t¥xrt• r•c•wJ ty 9W•t•J otiKts cl the wthoul fwih
figj PUfP)•e aTrJ are 8v&lable as qenwd fvnds.
l•10é11gnatèd fun¢J& 8re urnslrfcted fiJndB ha¥e baan aIbxat￿ by the spocfflc wp)•eB.
In Investm￿1 In¢om• Is trdjded In th ITh the yearlftTh*lch 41 k reCtr¥•￿ts.
Igl Th• churth makes grJnts to i>ther rxg8nisaiThi *tThe chbTilat* cunplemenl ￿. These 9Mnts arE
occountgj for in th• yw wi *thieh tlw ar• p31d.
Fix•d assÉts er• lor vs• ty th8 ckn￿ n fuifilkw fflan ctharltth objac￿ 8nLI w8 copltaliwl dÈpr8clètè
Depre￿2￿0n ks pr￿ided cffj fNed as￿1* at rataa Cok￿•￿ lo off Iho CD&t of each 88881 over rt& ttknatèd usofvl lrfe
tsn th• r•du¢ln4 balan¢¢ ba*i4.
7ha churL* wemiies are Mdl￿WI in the bknce sheei at vaK
7hE manse ptEmises 8re rE¥￿ed onrww by ts Vuslves usKvJ Ittsmakn Irryn almllgr n•arty wcfwty ? b8518
valu8. Ihè manses wtfe previousty sl*ad al cost. *￿eaSe5 in Carr￿ry amwnts Brising from revaluatlon are recrynised
In other cunrnh•nsive Irwna, Lrles5 they Lrffset ¢Jecreas05 ￿ th• cwrwng aTnountJ of ihe saffle asaeL in
¢ase. they we recogni88d In profjt or k)ss. Dec$8￿ WT carrying ammts M offs•¢ inu•asos IY the sam• 8s$8t
l other d￿resSeS in cwrwng 8rnMts sra T￿￿¥*j In wk88.
Pag8 8

Cwthl 8apttst ChurGh
CENTR￿ BAPTISTCHURCH CHELIISFORD
NOTES TO THE ACC¢JUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1 ACCOUNTING POUCIESl¢on¢bK￿
Oepreciation has be￿ thwged on the bw• li th• orJnl)n of th• Tnjsw, tho fasidupl
Y•lue gl the i¥ ftot Ihon the wice.
Depwe￿On fixed assets 1$ ￿k￿l8￿j to the c05t ￿ • r•ducry baLwK• bas 0￿r Ih•r expe¢teO us￿1
Ife, atthe frAbthg r8188',
Flxiur8s & Fltbngs
oMpw¥s & Eqw
25%
2S%
111 The churth payz Lrrtrit￿ti0r￿a to the Bapost P•m1￿ Twsl L•nW li a final ￿¥ry d•ln•J bw•frt sc*•me.
The ¥chw#e ia ¥ Mutt￿p10yer il 18 rw)t FI￿1t40 k) Id8Dbfy Ihe assets li8￿1￿6 ol the 8chom•
lttrtbuta￿t lo th8 churth. The Ih8rth Bccomtsd as a d•firh•d c¢rtntwtty>) Kh•m•.
QI D8btor6 Gredkor5 no st2ted Inter88t rnte and recei¥8bl8 crf pay￿ *ithin cda yw rac4)rd•tl 81 tran6a¢tion
ce. AThy1055eJ arising frDm Teccwusad In
Inc¢>m• •nd •nd¢>wm•nts from:
2 D¢>natlon8 •nd 1•g•¢￿8
Cath ¢)ff￿n9$.
Cov•nant4 & 9fft ald
R•gul•f don•U¢n•
T•x rocovmd
&JTrary ro¢elptg
7,317
179.180
29.758
48.6n
230
7.317
179,e60
29,758
48,673
230
3.622
121,271
17,497
31,036
265.6
265.638
173,426
J Ch•rft•bl• •thltl••
Spec￿1 8Vart8 & fvn(*ai•ing
Llqe of Prem￿8$
4,255
$4.2S1
4,255
54,251
3,970
30,376
34,346
4 Inv•stm•Trt IbKom•
Rent of chur¢* pr(wl￿a
Bank intera91 r8c8i¥*J
41,SC6
41,506
5,388
23.571
704
48,892
24.275
Prye9

Central Bjrtlst Chur¢h
Chèlmsford
cewTRPL WTIST C*IUFICH CHELMgFOAD
NOTES TO THE ACCOUNTS
FOR THE YE*A ENDED 31 MAR¢H 2024
Expendtturv on:
ReaCh￿p lh8
troach
StArthl les￿￿hIp
Stspporting thè tr￿Y
Equlpthg lh• saints
M8lnl*nlng the tsbrt¢
Prcytty
Suppgrtlng th• nynhtry
5.815
5.815
1.607
19.961
1,t39
39,232
7.999
550
24,829
7.0(
32,170
1.￿7
Ibl
12.486
12,486
S.833
43.482
42.111
61.853
4&482
t2,￿?
iry
61.8Sg
241.133
12.807
5.815
259.755
132.886
1•18plrtlual L•*d•r•hfp
Mlniatèr6' 4Upends
Employ81'1 ￿lI(fill IMUrW￿0
Mlni$*r#' ￿nI￿¥
Property r•Trts￿ & c￿￿11 I•X
Mlnisters. tr•Yelllng
Viirting pre•th•r8
Ml8¢èllWOW8 MI￿6t•r•. •yw8••
S7.758
3.719
5.374
$7,758
1719
&374
18.111
518
41X)
22,313
5,048
2.633
8,820
516
86,568
39,232
Ibl 8upporUnq th• Body
8rlgede$
Youth
Medl8 ts8rn
Wor5Np team
D•volOk￿ont a1¢8d•r¥lMP
Refr8shm8nts
SvbsBriptyonB
271
271
1,732
2,593
1.940
1,473
85Q
2.268
1,359
2,341
7S2
1.940
1,473
787
1,869
f,7E2
12.486
12.488
Icl Equlpplng th• salnts
Tralllng and C￿rte￿¢
P&5tcrtl suplios
&112
2.721
3.112
1721
337
213
5.833
Page 10

Cfrnlrnl 8aptht chU￿h
Ch¢lm•ford
CENTRAL ÈAPT15T CHURCH CHELIISFORD
NOTE5 TO ThE ACCCWS
FOR TrIE YEAR ENDED 31 MIRCH 2124
Exp•ndltur• on.. l¢ontlnu•dl
5 Ch•rfi•bl• a¢tfvlll•s l¢ontlnu•d
2023
Idl m•lntsl￿n9 th•tslxk
C8retskef & d88nar
ghl & heal
Insurance
w￿or & seww•
1487
25.319
8,038
2,475
4.163
3.487
25.319
8,038
2,475
4,163
2.876
1Q.266
4,055
2.088
43.482
43,482
(•) Prop•rty
Ptcyrty repal
Prcyerty l¢l*ng
26.87B
2.426
12,￿7
39,686
2,426
3,128
12,807
42,111
lfj Jupportlng lh• ffllnl•try
Adminisiralive 8tgfl ￿lart•9
Adminhlrabve slifl
T•ltyhon
Prlniing, poslage and
Equlpmert ropairs & rna1ntw￿Ce
Indopththl re¥￿ lee5
4&857
2.230
46,857
2,230
24,e65
1,233
2.173
1,599
700
1,800
1.916
1,910
61.853
61.853
32,170
6 fXh•r
FlnanciThJ cos
Spttlol ov8nt8 & Iwdr•Sihxt te4ts
Actua￿81 lgilnfypI￿x1 on pengiw li*Jility
375
3.02Z
376
3.622
274
2,340
127,0511
3.997
3.997
24,437
7 of 4tsff ￿ trU8t•• Nrnknn•r￿0fi and
W4es, Warl•s and st￿ndS
So¢Jal eecutlty cost8
er ¢01
104,616
3,719
5,374
46,978
5,048
2,833
113,708
54,659
PwJe11

Central Bapllst Church
Ch•lmsfonl
CE14TRAL BWIST CHURCH CHELMSFORD
N¢￿s TO ThE ACCOUNTS
FOR THE YE￿1 ENDED 31 MMICH 2024
7 An•1￿1• of •tsff ¢Mts. Iw•ts¢ remuneratlon and •Xp•bI￿ I¢￿￿￿￿•d)
p¥￿￿￿14￿1 ol emwoyeu '.
The 8werage number ofstaff lh• th8 amumiad kn..
Mini$terwl staff
Atknknlstr4tl¥e etsff
• hgd ampby¢o L*nsfts In •¥￿1 ol £fJ).COJ {2023.' ttNoGated to •c￿VItieS in
op(thn to the rakied st8ffln9 costs ￿tArt#yty lo funds.
Tho MiniBtÉrs rf th& thfch Ar8 Tntsté&s. Thty #ro rnmun&*•d kn thdr eApw AÈ Miftistyrs ￿ th• thLtyd) t￿'r
ployrmnt, and r•4mbLW8ed ev￿888 toraknJ £85,652 durwg y8ar12023.. £50.7861.
N•t In¢tyn• l(•xp•ndllur•lforth•
N•1 Income I lexw¢knl18 St*d I Icr*lll*¥Jl."
D•pr•Th[￿lln ol tar¥JiNe fiwj
4,163
5,$54
g Ind•p•nd•irt •urnln•r• r•mynw**
Ind•wI￿nI •x•mlw• to ￿ k)d1pM￿l •YArnln•tkffj 180 rf£1,680.
10 Inl•r••t p•y•bl• ￿mI1￿•xp•nU9
8wk Iwn¥ overdr•ft4
375
274
11 f•noLbl• Plx•d kn•ts
Co•l
A• ty101 AVU 2023
Addlti¢ns
Di$￿al$
Revalualrns
17.098
2.S)S,688 2.327,757
165,5
165.$00
A8 al 31 MBrch 2024
17.098
5,093
2,471,IX6
2,493,267
AB dl 01 Aprfl 2023
Ch8rge for lh•
Di¥pDSal¥
4280
3207
1,274
4.183
A& at 31 MBfL* 2024
7A87
2,230
9,717
N•t tyoott ¥alu•
At 31 M8rch 2024
9.611
2.863
2.471,066
2.483.540
At 31 Mqlrb 2Q23
12,818
3.819
2,305,566
2,322.203
Page 12

C•ntrnl Baptst Church
Chelmsford
CENT￿ BAPTLST CHURCH UELMSFORD
NOTES TO ThE ACCOUNTS
FOR THE YEAR ENDED 31 ￿￿1cm 2124
11 TOn￿bts Flx•d *•Mt• (cont￿￿•d)
Cosi or wlugton ot 31 20241$ r•wos•x•d ty.
17.098
5.093
2.305,5e8 2,327,7S7
165,5￿)
18S.S00
VI￿atIOn in 2024
17.098
5.093
2,471.066 2,493,2S7
Atth8 bolance sh86t d8t•. the TnJslees estirnated that Ih manw WQF*t*s' w m•*•t v•lu• ￿ £875.CQO11023.. £709.5￿)
and therefore Ihoy wer• r8YaluaO by £16S￿OI2￿.. £nll.
12 Ci•h •t b•fjk •fid In hand
G•nenl d8pJsil aEL￿nt
Sw'ng8 4¢count
Cgsh fbat¥
461,542
31.041
55
357,327
45,641
55
492,838
403,023
l) D•l)tor¥
87,192
11.6B8
52,709
4,054
Pr•payrnthits IrKorr
78.860
56.763
14 Cr•d510rn
rnountsf•lHng du• wllhln Orn >••r
Bank low¥ •ntt g%vdr•
Gf8d#orB
Acclua￿ & doforrod
3.825
1.767
30.769
28,S86
32.791
32.526
Page13

Contral Baptlst Church
ch￿rnSfOr￿
CENTRAL 8PPTIST CHURCH CHELMSFORD
NOTES TO THE ACCOUNTS
FOR TNE YEAR ENDED $1 MARCH 2024
1S Unrutrfci•d ftfnds
3110
Unre5triclod funds
239.961
371,
245,130
15.645
381.512
239.961
371.036
245.1
15.645
381.512
OTAL
At 31103124
•nd•d
Trnn¥l•rs
Clwreh buikjing
(Xtslde rnlsslon
Evangelism
1,596,008
,131
1,5￿,068
27,442
6.327
5.815
1126
395
1.832.129
5.815
3.521
1.629.835
ReGlrtcted fvnds ha￿ been gh•n to Ihe chLwth Icff ¥*ufic purFt4•.
17 D•819Mt•d luDd•
ou
Church rnlln5•5
C¥to18Fs•t r•F4rfvnd
709.Sts)
167.8n
165.5ts)
875.000
135.900
11807
119,18ei
877,373
165.5L
12.807
19.1e61 1.010,900
O￿lan?￿l gro sal ty thè Tr•aMww al th• fln•n¢4W oarYWrwJ ol th• to provide for Ilkoty fijturn
•XF•ndhuT•. knds can b• chwgod ai 8ny tim• ty tho Tr•a8WO1.
18 *n•ty•l• of n•t••••ts b•tw•m fund•
Res1rKI￿ fU￿S IF4r 161
Designated funds (p•r note 171
Unr•stri¢x8d fvrn18
1,596.086
675.CQO
12,474
33.789
135.900
389.038
1,829,535
1.010.900
381.512
2,483.540
538,707
2,022,247
19 R¥lot•d Ch•rlti
Cus￿18n Trustw crfts thrth Is Ihe 84Mbst unl￿ LkniivAI lthartty number 2496351. and %thit* 1$ twtrolw ty
th9 88ptl8t Cowcjl. The chwch ￿ alao a rn￿bar ofth& 8BpV8t UnH)n d Gwl Briwn, ano th¢ l$t8tg18¥pbJl A￿￿X¥¢I￿n.
¢huTth w prnwously an uninuvpnied ¢hanty {d￿￿ty rwrnber 11287281.
Page 14

Central 8aptlst Chuvch
Chdm•ford
CENTRAL BAPTIST CHURCH CHELMSFORD
NOTES TO ThE ACCOUP4TS
FOR THE YEAR ENDED 31 M￿CH M24
20 P•n•lons
Tho 1$ w •mplwr pa￿dpa1]ng th a ￿Sic￿ 8<**ne IhÈ B¥tht PenÈkJn Sdwn• {kn• S(*ame'l,
admSnlstered by th• Pensicffj TN5t80 IBaF4i51 Pen¥oTr Tn￿1 Lmrtadl. Th6 Sc**m• is 8 S8F48f#Le leo•l Mtty and the 85aets of the
Schame 8r8 hdd sep￿lyfr0ffl thos8 ofthè EmpW CAh¥ P*lldpaw wnrknyws.
For any rn<￿th. eath partiripatry empk)>v in the Sd￿rne p￿5 ccrthtth$ as 8•t th• 5d￿d￿￿ ol Ccrftributi0Tr5 in forc8
at that tinè.
The Sch￿0 18 wwdored w bo a mLrfii•mpknfft $c￿me u5 descrknd In Sttt40n 28 d FRS 102. This Is tr￿￿59 tt 15 not
pc*slbl8 to attr*￿￿ the Sch8rn8S 882atg 8nd ItAtihiK8È 10 spedft mtsans tha¢ tontributkyB afe 9rxwnted for 85
the Sch8m• contntyjts.on 8¢heme. The Cots chwged to Ihe SOFA in the year are conthtyubwi payatlo
tOYA¥ds boWIts and accn*d in th91 ￿, onyknFo& rurtribJbons18ea baowl.
From January 2012. penslcn provisvjn IB bew th• Defrnd Contr*AJlioft IDCI th• Sch8me. ITr ganorol,
m•mbarn pay B% ol thw Pen8k)Mb￿ lftrAJmt •rnptyrs 6% of Income Into iThJlMduo1 pensv)Tr
cwunls, which ar8 OP4rated and rTrwaggd ￿ bohalf d th* Tn•lee by Lrfal an¢J Genorol ufe ABSUran￿ Sosiely
Limitoo. In fjddtkn, the •mpthr pays • lurlhar 4% of P￿￿•￿bla to ¢(wor Death S•rvic• Bgnefrt&, admlni8trntion
ts, and w osgodatEd p(AKy kKo¥ldBS for ScheAn¢ M$m￿rI In event that they are
unots￿ to du• lo ILwt•nn Incapa¢ty. Thi8 Incom wdeGlknn Fdicy has be•n Insuied by the Bwsl Unw of Great Bnt&n
wllh UnLm Lirt•d. Th• fvrther 4% c£tht¥Jk• rndueed lo 3% Ernt*Jyw crythbutlMN m•J• lo Segreg8ted DC
Arrang￿￿nI,
Tlkry Minisfern we elwit4• io jcln the sch￿
Ben•fib in reapect of geNc• pkNy10 1 Jonuwy 2012 Defned Ben•fit1081 *ithin Ihj S¢hom• Th•
main benvftij for Frt.2012 seTrice wwe a derm￿ t•nafil p￿$1￿1 of (Th th9hr￿th of Final K4irMff¥Jm P•ni1￿•￿e Inwme loreach
yoor of Pon8ionable Ser￿¢•, t¢g6th•r *tth'lknal pensi￿ ￿ r¢spe¢t of P￿91¢nable Inwn& éxce$i ol
Mlnlmum P￿onabl￿ Irw* Thé SrknTh, yvltyJ*ly Iho 8W Mthters. Fun¢, $tarte¢ kn 1925. bjt wa$
$gd to 8¢w8I ol dofthd b•r*fits rm 31 Dec￿1￿1 2011.
rnwnbern al Il* 8•0*1 Sehm, •re pdd to • d•fiMd
ontribution pensvJn b•W ofts M￿10￿1•M¢4￿1.
Th• i¢l•l p•n4kn c￿8 fe¢ th• Churth are £7.604 <2023.. £3.8U61.
Page 15