OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-04-05-accounts

Stanley Road Baptist Church

TRUSTEES’ ANNUAL REPORT

for the period 1[st] January 2022 to 31[st] March 2023

Important explanatory note

This Annual Report covers the activities of two charities that have administered Stanley Road Baptist Church in the period January 1, 2022 until March 31, 2023. The two charities are ‘Stanley Road Baptist Church, Morecambe’, an excepted charity with the Charity Commission, and ‘Stanley Road Baptist Church’, a charitable incorporated organization (CIO) with the Charity Commission, registration number 1197276. The CIO was registered with the Charity Commission on December 22, 2021, but the assets and liabilities were not transferred from the excepted charity to the CIO until September 1, 2022. Therefore, the activities and finances from January 1, 2022 until August 31, 2022 came under the administration of the excepted charity, and from September 1 until March 31, 2023 came under the CIO. This explains why there are two sets of accounts, but the decision has been taken to have only one Trustee report for this period.

Aims and purposes

The principal purpose of Stanley Road Baptist Church is the advancement of the Christian faith according to the principle of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

Objectives and Activities

The Trustees of the Church seek to encourage and enable people to know God and worship Him. While we have regular attenders from outside Morecambe, our focus is on the community surrounding our church building. We aim to encourage a discipleship where faith grows and is put into practice, with regular opportunities for Bible study, teaching, prayer, and Communion. The Trustees have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We particularly try to enable people to live out their faith as part of our local community through groups operating from church and drawn from all age ranges and catering for all abilities. To facilitate this work it is important that we maintain the building fabric of Stanley Road Baptist Church.

Achievements and Performance

Worship and Prayer

The past 15 months have been significant for the church in a variety of areas, in particular in the development of leaders. Our Minister-in-Training Mark Young came to the end of his training with Cardiff Baptist College and took up a position as a pioneer minister in Llandudno from September 1. Mark was ordained at Stanley Road on July 2, 2022 in what is believed to be the first ordination in our church building. The ordination was carried out by Rev. Jonny Hirst, from the NWBA, with Rev. Dr. Ed Kaneen, co-principal Cardiff Baptist College, preaching. It was a wonderful celebration and especially seeing so many of Mark’s family and friends, and the coach-full from Llandudno. Mark served as Assistant Pastor alongside Rev. Steven Hewitt, our Pastor, for three years and it is right to place on record our gratitude to Mark, Eve and their sons for all they brought to the church. The end of August was also when Steven Havelin finished his one-year internship with us and with Ambassadors Football. Again, we were blessed by his contributions and to see him grow and develop his ministry skills.

Trustees are keen to offer services, facilities and events through the year that are engaging, varied, meet individual needs and promote spiritual growth. As Covid restrictions ended, we met in more typical fashion. Regular events are:

Trustees’ Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

1

- Missionary and outreach work directly and indirectly via local partners.

As Covid restrictions reduced, our focus for worship shifted more wholly to the in-person worship on Sunday mornings, and the decision was taken to no longer pre-record services to show online. This has meant it has been harder to keep contact with those unable, or unwilling, to attend worship. This may need reconsideration in the future. We have been pleased that the number of regular worshippers has been consistent, although we recognize the significant challenge we face in engaging with families and young adults.

It was a delight to celebrate living faith in the form of several believers’ baptisms . Gena Harrison was baptized at Easter, 2022, the first baptism since 2018. At the end of August, we baptized Jean Grey, Danny Mitchell and Rachel Adamson, who Mark had led through a discipleship course. In February 2023, we baptized Heike Dacres, this time using a pop-up baptistery on loan from Lancaster Baptist Church due to leaking issues with our permanent baptistery. Heike’s baptism was the culmination of our first church weekend , which was themed ‘Connection’ and was a great success with gatherings over the weekend at church and at The Clarendon Hotel. We used £1,000 gifted to the church from the family of Mary Fisher to cover the costs. We acknowledged the Queen’s Platinum Jubilee with a special service, with our own pop-up choir and joining the prom street party.

The teaching on Sundays was shared between Steven, Mark and Steven Havelin, until August 2022. Since then, Steven has begun work to develop a preaching team and during our Lent 2023 series on Confidence, there were five preachers, with two preaching at Stanley Road for the first time. Subjects covered over the last 15 months have included the Bible Society’s ‘Bible Series’ course; and series’ on 1 Peter and Jonah. The Bible Series material inspired a ‘God created’ exhibition with an array of exhibits from members of the church, and a ‘Summer of Snapping’ photo competition that led to a charity calendar, raising funds for our mission partners. We have tried to build a more committed pattern of prayer with Source prayer gatherings on Wednesdays every few months; restarting the pre-service prayer meeting and a ‘Summer of Prayer’ card of prayer points.

Specific groups

Most of our groups have returned to patterns similar to before the Covid pandemic. Prayer and Praise meet on a Friday for fellowship and a short spiritual talk, and again made several donations to local charities, including Mencap, Alzheimer’s Society and the Royal British Legion. What’s What is a monthly group, held on Sunday mornings, for adults with learning difficulties who regularly attend our services. This group grows from strength to strength and it was a joy to see three of the group baptized in August. Some of the group were able to join in the ‘Count Everyone In’ teaching at the Keswick Convention in July too. Our SPACE group for children has continued to be hard to maintain in this period, but we have been able to go from once a month to once a fortnight with specific activities for children. The Boys’ Brigade has continued to meet each Friday in term time, with the Senior/Company sections (ages 11-18). Numbers and commitment have been encouraging and there has been a renewed commitment from church members to pray for this ministry. The company had an excellent camp in Clitheroe in the summer when Mark was able to attend as chaplain. The company have also been able to return to inter-company competitions and activities such as sailing. The minibus that the company now have, has been extremely helpful. Our Men’s and Women’s Ministries had a restart in the summer and aim to hold regular events, often on the same evenings, including two successful Christmas meals in December.

Running all these groups is demanding. These are all volunteer-led with up-to-date DBS checks for those working with children, young people and/or adults at risk. As is often the case, what we are able to do is limited by the amount of resources and people that are willing to be involved. About 40 members of the church community took part in a gifts survey in summer 2022 and that has led to people serving in new areas. . We take training seriously and have put on sessions in Safeguarding and Food Hygiene with other training sessions in the pipeline. This is a sign of how we value those who volunteer in roles in the life of the church.

All are welcome to engage with the life of the church. At the end of March 2023, there were 90 people in membership. Nine new members were added (Terry McGrow,, Christine McGrow, Maxine Alexander, Andrew Sadler, Ruth Sadler, Jean Grey, Danny Mitchell, Rachel Adamson and Sharon Bulcock); eight people were taken off the list due to resignation, relocation or transfers (Tony Welch, Neil Scholes, Denise Scholes, Graham Liddy,

Trustees’ Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

2

Rose Liddy, Harry Leeming, Brenda Leeming, Steven Havelin); and members John Smith (May 2022) and Irene Leeming (November 2022) died. We conducted the marriage of Lee and Vicky Gardner on July 23. The recorded weekly attendance in March 2023 was 73.

Building maintenance and usage

We want our church to become a place that welcomes those in our community. We recognize that a building of our size, variety and age requires consistent maintenance and attention . This year was the first full year of employing Karl Werner as our buildings manager to oversee this. Karl has engaged professionals and helped move us forward in several areas. Following a visit from two fire officers, we installed a new fire door upstairs. Also upstairs, the previous partition wall was replaced by a fixed wall to provide better office space for Ambassadors Football and the CAP Debt Centre; the toilet was finished; and more insulation was placed in the roof space. Other areas have continued to be improved, including outside where the benches and planters are popular in the summer, and where the new bin store keeps things tidier. We had our quinquennial survey and this has presented areas to address. We recognize the hall and church space still need some work, especially in areas of heating, lighting, flooring and acoustics. We will need to move discussions forward on these areas.

We had two issues prompted by outside interference. Repeated incidents of youngsters climbing on the church roof led to anti-vandal paint being used, seemingly to good effect. The main door was damaged by a party hire, which caused disruption for several months, but this has been fixed under our insurance. These situations remind us that buildings cost money and damage is to be expected. We are conscious of this in our budget.

We continue to see the new foyer space being used, by the church, mission partners and outside groups. Examples include the church Source prayer meetings; Ambassadors Football staff training; LMDCDC client Christmas meal; we hosted a NISCU prayer lunch; and the Easter café for BMS World Mission was a big success.

There are a number of community groups with other educational and charitable purposes using the various spaces around our building. We were sad to see the long-standing Slimming World group stop as the consultant moved to a new job, and the Diddi Dance baby group stopped due to a lack of interest. But the relationship with two other dance groups is strong and continues while the link with The Bay Singers community choir is excellent. They were a key supporter of our Christmas Fair in November 2022. We helped the local Light and Life mission again with them using the building for several meetings. There are other less frequent, or ad hoc, hires and we are seeing an increased number of party bookings. All of these bookings have brought benefit to our community as well as contributing income. We aim to balance these bookings with the flexibility to use our space for our own activities. Sometimes groups are reluctant to use our premises as we are a church, but we strive to be accommodating and welcoming to groups that work within our ethos and purpose as a church.

The management of our building comes under the Trustees, and we are keen to see a strong Buildings team develop over the coming months, led by Karl Werner, our buildings manager.

Pastoral care

With the fading of restrictions due to Covid, we have been able to re-establish more consistent levels of pastoral care. A small team is developing who fulfil responsibilities such as Communion for those who are housebound; visiting those not able to gather for worship; and hospital visits. House groups are also a key place for pastoral care and we are grateful to those who open their homes regularly and prepare studies to share with others. We will aim to improve the training and support of those serving in these key areas. Technology has made communication easier, but there are others who are not as technologically literate who we must not forget.

We had some emergency pastoral situations in the church this year, one in particular relating to a Ukrainian family in the church. The response of a small group was wonderful to see. We will build up a specific fund so that we can respond quickly and effectively to situations of hardship, or where it is appropriate to bless others.

Hospitality Sunday returned on two occasions with members encouraged to make an extra effort to invite people round for lunch. We will repeat this initiative as an encouragement for friendships. Another initiative that has restarted is our monthly Communion services at Woodhill House . The gifts survey led to the creation of a newer, larger team and we have had opportunities for worship and pastoral care of residents and staff.

Trustees’ Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

3

Mission and Evangelism

Being concerned for, and helping, those in need is an expression of our faith. Through winter 2021-22 and winter 2022-23, we opened the foyer space on Monday mornings for hot food and company. Numbers were not as high as wished, but (especially in 2022-23 when we joined the national ‘Warm Welcome’ campaign) that allowed space for conversations. In Easter 2022, we opened the foyer space as a café in Holy Week to raise money for BMS World Mission and their Ukrainian refugee support campaign. We raised more than £1,000 and welcomed a good number of people, some of whom came to the services we held in church each day.

Besides our own outreach programmes mentioned above, the church supports several local charities through our regular giving. NISCU (Northern Inter-Schools Christian Union) helps local schools with teaching on the Christian faith. Lancaster, Morecambe and District Churches Debt Centre offers advice and assistance with debt-related issues. Their office is in our building. Ambassadors Football also have an office in our building.

We have built up the relationships with our mission partners. We had a visit from Robert, our BMS missionary, to a midweek prayer evening; we hosted the commissioning service for Martin Bateman, from Ambassadors Football, as he became chaplain of Morecambe FC. We worked with Martin to run a football team in a local 5- a-side league. Martin spoke at a Sunday service, as did representatives from NISCU and LMDCDC CAP Debt Centre. More people have volunteered with organisations, including LMDCDC and Safe Families UK ; and, in a significant step, a team of volunteers work with NISCU to run a pastoral listening service in a primary school. We are pleased to work with local schools in various ways. Our pastor helps with teaching of the religion curriculum, and our two local primary schools visited the church for a ‘Walk Through Easter’ workshop in March 2023, which went very well. We also welcomed a local Beaver Scout group for a tour of the church.

The church have begun to develop a partnership with The Lighthouse Community in Llandudno where our former assistant pastor, Mark, is the pioneer minister. Several members pledged to give to support Mark in his role and we have committed to provide £4,000 in financial support for three years.

Church Together Partnerships

Stanley Road Baptist Church is a member church of the Baptist Union and the North Western Baptist Association. We have begun to hold occasional events with Caton and Lancaster Baptist churches. Our Pastor meets with other ministers in local and regional groups, both inside and outside the Baptist denomination. He is part of the Morecambe Churches’ Forum, which meets sporadically.

Financial Review

The figures in this report cover the 15 months from January 1, 2022 until March 31, 2023. There are two sets of accounts to cover this period. When figures are referenced, the first figure will be a combined figure for the 15 months, with figures for January to August 2022, then September 2022 to March 2023, in brackets.

For the 15 months, the income was £93,551.46 ( 55,604.82 and £37,946.63). This is an average income per month of £6,237 over the period. The income in 2021 was £5,657.88 per month. The total expenditure for the 15 months was £99,816.85 (£57,954.17 and £41,862.68) . This is an average expenditure per month of £6,654. The expenditure in 2021 was £6,519.30 per month. Therefore, the accounts show a deficit figure over 15 months of £6,265.39 ( £2,349.34 and £3,916.05) , a figure of £417.69 deficit per month.

The regular giving decreased in comparison to 2021. In 2022-23, £53,758.75 ( £29,912.12 and £23,846.63 ) was received in offerings, compared to £45,731.27 over the 12 months of 2021. We place on record here sincere thanks to all those who give regularly to the work of the church. In 2022-23, regular and planned giving through envelopes and bankers’ orders accounts for 57% of the overall funds. In 2021, it was 67%.

We continue to benefit from Gift Aid claimed on both specific, regular donations, and money given through the Small Donations scheme that allows Gift Aid to be claimed on donations under £30, up to a £2,000 limit. The Gift Aid income tax refund was £13,702.71, but this was to cover 17 months, not 12 (so £806 per month). Because of the change of charitable status, a Gift Aid claim was made in September 2022 with the next one due in May 2023. It will include £145 on donations made to the General Fund between April and August 2022;

Trustees’ Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

4

and £20 on donations made to the TLC fund between April and August 2022. The main claim covers donations made between September 2022 and March 2023: £4,344.98 on donations to the General Fund; £627.43 under the Gift Aid Small Donations scheme; and £378.75 for the TLC fund. This is a total of £5,516.16.

The continued use of our premises by outside organisations is important to our finances. In 2022-23, £13,928.10 ( £7,784.46 and £6,143.64 ) was received for use of premises, an average of £928 per month, compared to £565 per month in 2021 when we were still dealing with Covid restrictions for part of the year.

The church’s gift week in December 2022 was not very successful as it raised £830, compared to £1,880 in 2021 and £4,240 in 2020. Gift weeks will need some thought as to how they are advertised in the future.

There are factors behind the deficit over this period. We continued to have the increased ministry costs of having a Minister-in-Training until the end of August. As in previous years, most of the costs of having a MiT were covered by the £33,696.26 legacy left by Joyce Cowen in 2019.

In 2022-23, a total of £55,151.23 (£35,627.32 and £19,523.91) was spent on stipends, pension contributions, utilities and other pastors’ expenses, which is 55% of total expenditure. We no longer have a MiT, but a number of members have pledged giving towards Mark’s ministry in Llandudno and this led the church to commit to give £4,000 a year, for three years, from January 2023. This is seen in the TLC Mark Young Restricted Fund.

We gave £10,434.66 to external mission, which is 10.5% of overall expenditure. Much of this was to our chosen mission organisations: BMS World Mission; the Baptist Union Home Mission Fund; Lancaster, Morecambe and District Churches Debt Centre; NISCU schools workers. Contributions from our Easter café were donated to BMS World Mission refugee appeal. Donations to several charities were also made via Prayer and Praise. As in previous years, £1,200 was given to our Boys Brigade Company to support their work.

We saw a rapid rise in utility prices, especially gas. We had to move contracts and even with following expert advice, our bill has risen extremely significantly. The impact of utility price rises is hard to judge at this stage, but with prices unlikely to drop soon, we will need to take this into account. Our hire charges to outside groups were raised in January 2023, but we need to maintain a balance to avoid groups being unable to use our facilities. The ongoing repairs of the building continue to be a significant expense too.

Areas of note in expenditure were £438.60 to Anthony Collins Solicitors for the transition to CIO status; £800 for a coach to Llandudno for Mark’s induction service; £1,440 for the quinquennial building survey; and £750 to cover a hardship situation, the money given at short notice by members.

However, during 2022-23, it was announced that a solution had been found to the Baptist Pension Scheme deficit problems, as it outlined in the footnotes. This means that we no longer have to pay a monthly fee towards the deficit, which had been in the region of £250 per month, instead we pay £1 a month.

The balance of accounts at March 31, 2023 were: NatWest General Account (CIO) £24,231.91; NatWest General Account £10,251.99; NatWest Saving Account £198.61; the NatWest Cowan Bequest £3,777.95 and £25,000 in our Baptist Union Account, totalling £63,460.46. Of this, £2,090.10 is in the TLC Mark Young Fund.

Following unusual years with the Covid disruption and additional staff, this period is one where we can begin to see more clearly the expected level of income and expenditure. While the financial position is not precarious, there are challenges ahead with inflation pushing up costs in a number of areas, and the need to try to meet these costs through regular, reliable income. We thank God for his financial blessings for this year.

Reserves policy

We reviewed our Reserves Policy in January 2023 in accordance with Charity Commission guidelines and set a minimum reserves target of £20,000 which is the cost of an orderly closure of the church. Whilst we do not expect to close, this reserve also allows us to withstand short term fluctuations in income. At the end of the financial year our general unrestricted reserves were £61,181.16.

Volunteers

We would like to acknowledge that our church life is based largely on the dedication of volunteers who teach children, supply music, run the kitchen, maintain the building, attend to administration and finances, and oversee the pastoral care of our congregation. We thank each one of you for your love, dedication and service.

Trustees’ Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

5

Structure, Governan￿and Management As ￿ds made dear in the introduction, overthis period the churth operated as an unincorporated tharity until August 31, 2022 and as a tharitable Incorporated Organisation from September 1, 2022. The Trustees manage the thurth in accordance with our constitution (unincorporated thartty adopted March 2CQ9, CIO adopted October 2021), and meet a minimum of 11 times a year. The average level of attendan￿ was 95Yo. Trustees indude the Pastor and (until September 2022) the Assistant Pastor, who thair the meetings, with others appointed from the membership at a Church Members, AGM. The appointment of Trustees is public, dear and open, enabling members to prayerfully consider who should be appointed and with notice of forthcoming elections. Candidates are nominated, and elected by secret ballot of the church members. Referen￿ and Administrdtive details Stanley Road Baptist Church, Morecambe is situated in Stanley Road, Morecambe. The corresponden address is Stanley Road Baptist thurch, Stanley Road, Morecambe, LA3 IUP Trustee members serving within the period January 1, 2022 to March 31, 2023 are: CHURCH exce ted uninco orated tha . Minister: Reverend Steven Hewitt (Pastor, Chair (shared)) Minister-in-Training: Mr Mark Young (Asst Pastor, Chair (shared) (until 9/2022)) Elected members: Mrs Mandy Hartley trreasurer (until 3/2022)) Mrs Dawn Warburton (freasurer {from 4/2022)) Mrs Christine Betteridge (Secretary (until 3/2022), then Trustee) Mrs Stella Walsh (from 3/2022) Mrs Denise Beal (from 3/2022) Mr Steven Havelin (from 3/2022, until 9/2022) Mrs Marcia Burrow (until 3/2022) Mrs Rosemary Lee Mrs Sandra Todd MrAlan Parker Dr Robert Henderson cio Ori followin Minister: Elected members: Mrs Stella Walsh (Secretary) Mrs Christine Betteridge Dr Robert Henderson inal Trustees all resi ned in line with constitution at the first AGM on Se were elected at that meetin Reverend Steven Hewitt (Pastor, thair) tember 22 2022. The Mrs Dawn Wart)urton (freasurer) Mrs Rosemary Lee Mrs Sandra Todd Mr Alan Parker Mrs Denise Beal Mr Robert Middleton Mrs Sarah Middleton Dedarations The Trustees dedare that they have approved the trusteeg report above. Signed on behalf of the charitrfs trustees: Signatures Full name AIAN PARKER ROSEMARY LEE TRUSTEE TRUSTEE JUNE 6, 2023 JUNE 6, 2023 Trustees, Annual Report 2022-23, Stanley Road Baptist Church Reg/d charity number: 1197276

È14DIN as •n'Ex aoon 21 set of boo dsetasaCIOf to31 UNRESTRICTED NDS 'LYCEPTED V9A2 ro WIZRZ NOT thky' &ao exornh￿see Viillto 3VIy21 Charlty. only 8l+fONn RECEIPTS Weekly offerln8S Donatlons & other irKome Use of premisès Repayment from utllltles Mlnl$try & MI55￿￿ groups External mlsslon GIftAld & Small Oonatlons Bank& BV Corp Ltd lrterest 29,912.12 3,435.17 7.784.46 31S.9S 242.50 13745.73 4580.t78 3086. IZii.70 I￿50 43.657.85 B,315.25 10.870.46 1.527.65 401.CK) 45,731.27 2.823.ZS 6.785.Q) 1,467.5S 63.fy) 13.702.71 161.92 55,604A3 13,702.71 188.21 M713.13 10.772.50 252.02 67,894.59 26.29 24J0&30 PAYMENYS Mlnlstry Ministry & Mi55iOfi EKtemaS Misslon Admin 8ulldln8 rerThatlorts & upkeep Loan repayments 35,627.32 2.354.65 6.385.4Z 2,496.65 IIOg0.13 10157.59 364.26 2095.34 2952.11 5954.01 45.784.91 2.718.91 8.480.76 5.448.76 17.044.14 52.227.20 688.38 6.766.18 4.638.44 ID.111.49 3,8￿.£1) 78.231.69 10.337.10 77.783.65 67.446.55 57.954.17 2,349.34 67.446.55 65,097.21 523.31 1.584.99 65.097.21 64682.20 79,477.48 764.35 67.446.55 66.682.20 Deficlt balance blf Istlan 2021 8alancetlf MAR 'EXCtvrED fJ04MOIIIHS ft2TO •i/Ji/U NOT charW&CM> MW. Ste 111122to 3I/W21. 1690.10 11 monts 'E%￿pI•ll 8 MONT115 VII22to 3V8122 VV21to 31112131 RECEIPTS PAYM NTS Surplus Balance blf Istjan 2021 Balance 385.10 1305.00 385.lQ 1305.00 385.10 16X.iO 1690.10 385.10 STATEMENT OF A55E LIABIUTIE Unrestrttted Funds Restricted Funds Non monetary assets 65,097.21 66,682.2ts 385.10 1.690.10 2.325,835.W 2,325.835.OQ 2.t%O,OLK).OJ 139L317.31 1394,207.30 2.127,446.55 67,446.55 LIABILITIES Pension deficit. See Note 5. 31AOQ.00 l. With wlstratlon as a CIO, thè church's fifiandal ￿arend changed from 31st Dec to 3tst March 2. Thls k thè last Set of accountsfor the unlrcorpoi8ted'èxcepted' charity. 3. The CIO flgures forthe 4 morths 1st Septernber to 31tt1)e¢emberare induded 50 thatcomparfsons can be drawn between 20113nd 2022. The CIO ftgures will only be examified when the CIO'S aceounts for 12 month5 endln8 31st Mor¢h 2023 a￿ examined. 4. Non monetsry assests are reflerted at their Insured value a5 at 31# Aupwst 2022 and arè¢omprised

IKJlldlngs £ 2.241.157 &their contents £84,678. 5. Extfdrt from 8 Ba￿￿5 Together, Baptist Pension kheme ¢ommunKatson doted 29th 2022. "We are very pleased to announce that we have sl8ned an a8reement with the Insuran Just Group I"Iu5t'l to Secure D8 Plan mernbers. penslon beneflts. Th15 a8reernent is referred to s a 'btry-in pollcy., just are now provlding financial backin8 for all DB pensions provided through the Scheme's DB Plan." The eff￿torthe'bUY-out, byjust is thatJu5t takes over th¢ ri$k and the deftned penslon b¢n¢fits and thereftsrethe'penslon xheme defic￿, refiect•d In previ(w5 annual financlals Is expun8ed. e Recel and held on 31 and Illtles were Inde endent examinerf nl 1st Ch l ￿pOrt to the trurtee5 On my exaM￿atiOn of the accounts tsf Stanley Road Bapt15t Church 1.the Trust") for the 8 months endln8 31st Au8USt 2022. nsl sofre As the charity trustees of the Trust you a￿ re5ponslbEe for the preparatlon of the actounts accordance wlth the requlrements of the Charltles Art 20111.the Act'l. The charlty's trnstee5 ronsider that an audit is not required forthis year under section 144121 of the Chartties Art 2011 and that an tndependpJt èxamlnatlon Is needed. I report In respert of my examination of the Tru￿$ accounts carried out undersÈctÈon 145 of the 2011 Act and in carrying out my examination I have followed all the appllcable Directlon5 glven bv the Charity Commrs5ion under section 14515llbl of the Att. Inde endenl nerfs stat#m I have completed my examinatlon. I confirm that no material matters have ¢ome to my attention in connèction with the eKamination which Bwes me cause to believe that in any matetÈal respect- l. a¢u>untlng record5 were not kept in accordance with section 130 of the Att,. or 2. the account5 do not accord with those records I have no concerns and have come across no other matters In connection wlth the examinatlon to whlch attention shctuld be drawn In thls report In order to enable a proper underst3ndlng of the accounts to be reached. Name: Stephen Green 11-Mur-23 elevant or membershi of rot•ssional l￿dI•S ' nla Addr 16Shire5head Cres¢ent, Lt7nca5ter bll 4LO

STANLEY ROAD BAPTIST CHURCH ACCOUNTS FOR THE 7 MONTHS ENDING 31 MARCH 2023. The church registered as a CIO during the year and ran a set of books as an 'Excluded Charity' to 31/8/22 and a second set as a CIO from 1/9/22. The year end changed from 31st December to 31st March.

GENERAL FUND

RECEIPTS
Offerings
Donations & other income
Use of premises
Repayment from uitilities
Ministry & Mission groups
Gift Aid & Small Donations
Bank & BU Corp Ltd interest
PAYMENTS
Ministry
Ministry & Mission
External Mission
Admin
Surplus(+)/Deficit(-)
Balance b/f 31st August 2022
Balance c/f
RECEIPTS
PAYMENTS
Surplus
Balance b/f 31st August 2022
Balance c/f
Building renovations & upkeep		 Notes
23,846.63
£
6,075.58
£
6,143.64
£
1,400.52
£
445.07
£
2
35.19
£
37,946.63
£
Notes
19,523.91
£
2,458.80
£
4,049.24
£
3,730.00
£
12,100.73
£
41,862.68
£
3,916.05
-£
65,097.21
£
61,181.16
£
TLC MARK YOUNG RESTRICTED FUND		 Notes
23,846.63
£
6,075.58
£
6,143.64
£
1,400.52
£
445.07
£
2
35.19
£
37,946.63
£
Notes
19,523.91
£
2,458.80
£
4,049.24
£
3,730.00
£
12,100.73
£
41,862.68
£
3,916.05
-£
65,097.21
£
61,181.16
£
TLC MARK YOUNG RESTRICTED FUND
2,705.00
£
1,000.00
£
1,705.00
£
385.10
£
2,090.10
£

STATEMENT OF ASSETS AND LIABILITIES

ASSETS

Unrestricted Funds
Restricted Funds
Non monetary assets
3
LIABILITIES
Accounts payable
Pension scheme deficit
4		 61,370.36
£
2,090.10
£
2,325,835.00
£
2,389,295.46
£
189.20
£
189.20
£

NOTES.

  1. With registration as a CIO, the church's financial year end changed from 31st Dec to 31st March A set of accounts for the 8 months ending 31/08/22 was examined and signed without qualifications by an an independent examiner.

  2. Gift aid was claimed and received and included in the financials for the period 1/01/2022 to 31/08/2022. Gift aid for the period 1/09/2022 to 31/03/2023 will reflect in the next set of accounts. 3. Non monetary assests are reflected at their insured value as at 31st August 2022 and are comprised of buildings £ 2,241,157 & their contents £84,678.

  3. Extract from a Baptists Together, Baptist Pension Scheme communication dated 29th July 2022. "We are very pleased to announce that we have signed an agreement with the insurance Just Group (Just) to secure DB Plan members' pension benefits. This agreement is referred to as a buy in policy. Just are now providing financial backing for all DB pensions provided through the Scheme's DB plan."

The effect of the 'buy-out' by Just is that Just takes over the risk and the defined pension benefits

6, 1013 2011 W￿lded the charW5 8ross Incorne k not over £250,(KX). and the Charlty Cornmlsslon gulddlne CC16 for r￿￿pts payments XCOLmtlng has been applk . wkxlpal accountlng wlkles are: . Income Is reco8nlsed upon recelpt of cath or cash equfvaknts to whkh th• charlty has entftlernenL - Expwidture. Incluslve of Irre£overable VAT. Is reco8nlsed upon payment of an Involce or d¥lm for ￿ch the chary has an oblwknn to Satt￿ The Chkn Is Mt reglstered for VAT. thernrKe of the 8enernl obJectlv•s of th• charlty. Restslrted fvnds are (knnatlons whlch •re to be ￿ed In accordarKe ojects. I report to the trustees on my examlnatlon of the acQ￿nts of the Stanley Road Baptst Church ao # 1197276 (the Charhy) for the Se￿ months ended 31 Marth 2023. As the tharfty tsvstees of the Charlty you are res￿nsIb for the preparatlon of the accounts In accordance wlth ts* reqUIr￿ of the Charftles Act 2011 ('the Acn. I report In respect of my examlnation of the Charirfs accounts carrfed Lxrt under secdon 145 of the 2011 Act and In Carry0￿ out my examlnatlon I have followed all the applicable Dkectlors Oven by the Charlty Commlsslon under Sec1k￿ 145(5Hb) of the ACL I have completed my examlnatkgn. I confirm that no material matter5 have come to my attentlon In connedknn wlth the exaMInatk￿ me L3use to belleve that In ary mateflal respect L account}￿ reC￿ts were not kept kn respea of the Charlty as requlred by sectlon 130 of the Aci. or I have no concenb aThl have come acros5 no other rn8tter5 In connectlon wlth the examlnatlon to whlch n tNs report In order to erth a proper under5tandin8 of the accounts to be MAAT Maps 116123