WORLE BAPTIST CHURCH UNAUDITED FINANCIAL STATEMEKrs PERIOD ENDED 315r DECEMBER 2024 Charity Number 1198158
WORLE 8APTIST CHURCH TRUSTEES. REPORT YEAR ENDED 31st DECEMBER 2024 The Truskn FK8sent th8ir port and unaudw financial 5tst£nts cllho Charity forth2 perh)J 1stJanuary 24 to to 31st DecÉmb8r2024. REFERENCE AND ADMINISTrATIVE INFORMAMON Regl%re tharity nam•." Chanty registration nuntEr WO 8aptBI Churth 1198158 Chureh address & registered office". Wo BS22 7FN TrSt8?$.. K NJham ISe•l C ¢knn IreswJmJ 2IKI Marth 20251 D Toon S Tcww B TLthr 1oFpoirrt&J 2nd Marth 2025} D Patham lappDnlèJ 2nd Marth 20251 A Baw Ireswjned 3rd P•larth 20241 E Squir8s (801nted 17th Sèpknts 224) 1rlEpeeTht•Yrniner. Purfl Bart$. GAF Bar& 25 'r$ F&"NAL West Ma4iTrJ Kent ME19 4JQ Thego¥eming d0ment oftr* Charity i% the Cl. Th• Charity 1$ o)nsbhttEd as a Q)ariFth Incor organmIn.
OWECTIVÉS AND ACTivrriES Th8 objéct of tht Charity is than¢rnentofthe Chtraft fath. ac£orthg to tr priniipsès ofthe Baptst denUn1rtK)n. Th8 CIrth nmy aL50 advan edu$2t)Th and carry tJrt ¢thr dorablÈ wrpos•5 in the UNted 'n10m. athrotfr parts of the wtrfd. In ftdffilling ts rtsritable ot4eth¥es. the Churth w erw in ae$. 81herC ts orwith others, thatw4J vary from time to bme. 7th initiaknw being slarted. eypanded cf dos8d as wcwiate. The actMtie$ may indude, bul are restric to.. Regular pUblicw$tl. prayer, SW. weaoling ar•Y teath Baptism, as defined in the Bapb"5t Unioth's Ded)ratn of c¢rnrnun of Ihe Lorrts Supper, be obsew at kast trn a Evangelr6m and mi5sion- localty arJ SUFPNtmg rBwwI. national and intsmational viiiwtrves The thaching. eLvagennL vdcome arkl induwn of sfjung Nur and grh ofchrisban ng and encxwjraging pastwal care Encourag•ig rdab"onships and supwjrtwy Baptists and otrw C¢ar in cr toym ACHIEVEMENTS AND PERFORIIANCE Wolt B4)ts5t Churth has continuthy lo gatrrlo eac Sunday rnornKKJ, wrth a healthy rrfjmber of atterthes. The Church is èxperiencing a wadual In ts nLrtetcl alknjirg ser¥tces. and the lealershw tearn has also increased. W& ¥%l¢J)med Rev Lo Squ¥•5 as minir in Septwnter2024. and ar• very 9rfvl to the Rev. Barbara Reyffl for acbng as ¢MrtranStWx the Fefi(AY betrAEen Abn Bail>s' retirrentt the sèrt of the year and LLZ Squirespinir9 in Saptemker. In wderto better 5UPPOrt the Churchs t1. 3 grws have beertf¢Nn to fo5 on parbojknrareas of thè Chuth'5 wodK.' Service AAmintstration.' Pastoral arJ FW, CXJtr•ath and PASS. We have continued to dloP ¢X-thI wilh tr other Baptst iurts in ourtThm. NJton Baptst Church. clarer pa Baptist (urr and Bristd Road Baptstchwth. The Church's maift grcwps and act¥e8 ¢)JtsKle oFSuThJay ha¥e b. Meeting Point AV session for1heov•r 6LYs-an c•Yortty b9et Ic#Jetherarkl IEar frcl a Trhide range of SFaors and to do Othere$ t¢4ether. The • T(Ydler Churth has eyP¥nded to 2 ses$KJ, 32 fam140 ¢hiTrknl. Jr hks wilh the 3 sthools have ken deepened durin9 the year, rK)t knt Ihrough Year 5 thren 4xrg t¢ the events, namety EXrce Toddler Church: Sc¢ol links: Hou*J'. 4 housegroLP5 rneet on 8 basis, 1mbS wityirg IF1h time Breakfasts& faS Tre Churth hokls regukrfdbxshp Ixeakfasts and cornmunty cafes. whi have pr)j bj be wypowlar.
FINANCIAL RE The Churth made 2 signffitsnt invesbnents during the ar. FJr5ty. 2C24 £13.1kwas used to buy 21 solar panels and an 8Kw battw whith shoubJ tyoTrAde us m¢)st cfGWf 8Ctr"ty forThy yeats to cryne. Secorwjly. in Ortober 2ff24 * puthaswj a mans•. haVg deGJwJ this was a muc iEtter long terni use ofow funds. ccryared to renting. £326k was raiséd io lund the matse. m ¥p ofexstMyJ re$8Thw of£105K offpmg$ of £104k ar1 8 15 yr kjan from th• 8aptst un)n 01£11Tr No1hS1afidIng these 2 investsneTrts. the Churth was abte to rroke all of ts pknned gMrYJ n the yEar. Tot81 unretheted reseThw at 31st tc6Yrtsr 2024 lexYudwvJ fuJNJ5forthe Tnaw}tre jtjsl under£41k, 8quNaknttD 5 monts. costs. The ¢j seek510 kw at 3 rnonth5' of ¢Mts in nre5Cl reserves at all times STATEME1 OF TrUSTEES RESPONSIBILMES The Twstees are re5ponbk foT prep9 the Trust8es' ReFKrt arJ the fjnanaa Slatrnents in •xordanTr wih Ihe applicable lawarKI United .d0 st213[ IUnrtBd ngdO[Th Cneraty AedAting Prndk?). The I appSCa to tharrhes in Engla•d & Wo rewires the Tnjstees to prepty fmantsal staienEnts for each year whK gN8 a true and frvMv Dfthe State ofaffaits of Ihe (arity ofttE WK¥me reS and appFcatson of oT(W ofthe Charity forthal perio(L In prEparin9 these finarwi ststsrwts, th2 Tft arè requiFèJ to.. SeleLt surtabh acwunting Wioés and th•n atrtf co[ty.. Observ• the methods and prip In Charib•s SORP.. Makejudyjgnts and estims that are reasonth The Trusteesar8 satsffed thatappliclp UKAttouTrbry Standats ha¥e Lw in tre ofthèse awounts. The Trstee$ satisfEd that the Charity ts a giry cr. and that ti is Iljuth approwith to Use Ihe goirKJ c&)nc£m basrÈ Df aco)uTrth"ng in the prepa"on ofthestr The Trus a¢rkn%dgè e1r reSpolb•ty for prrwacL>>Jntiry reo)rts thatdis¢105eith reason8bk acrJJwJ at any time finanoal posthon ¢Jfthe Charity and enth them to that ?la1 stalernents o)mply wrth the ChtreS Ad 2011. the Charity lknjthits and Reportsl Regula"ons aTrJ .e Novv&KJn olthe $bOn. TIEY are 0 respoMble for safeguatrJiTrJ th8 assets ot the Charity and heTr torta¥ fvasCM strf for the tweni&)n and syeteclx offraL¥J and othar ularithe5. ApFw*J by the TrLStèes and sbjned on thew ty. Twusts• 13th Marth 2025
WORLE BAwllsT CHURCH RECEJPTS ANO PAYMENTS ACCOUNT FOR 12 1•)NThS ENOED 31st DECEMBER 2024 Section A Receipt5 and payments Deslynatsd Desi9rtatsd Unrpstrtetrd Fund . Ilew Fuftds- Funds Total Totsl Funds Funds 2024 Fund8 2023 A1 Recerpts GNing Invèstmentilnwm• Inme tsx remvery Rentsl Inc¢me Olh8r Income 59.724 5.349 13,414 21.521 1,P1 93.827 153.551 S8.207 1101 18fj2 16.385 1.517 10.016 23A30 21.521 1.861 101.669 103.B43 205,512 97m2 Ministy P45e$ exPerwJire GNing 23.597 13.7 2,347 911 8.761 51.072 11.010 13.861 1271 25.691 8,500 2Q 1347 911 8,761 200.744 289.038 Other causes p2yments Other expenditu New mansé costs Totalpaert5 2),744 79.700 20ffj744 21369 -105.400 120.516 4708 87.908 AS Transf•rn betwen fund¥ A6 Cash funds lastJwar•nd Cash funds thisye4r8nd -96.901 105.4CII 4,$00 43.526 9,964 7.0(Kl SDO 133.512 49,986 123.548 133.512 3,902 Section B Statement of assets and liabilities at the end o thc period 81 Cash Funds CAF BankArunt Baptist Unn Tern DepositAuxAJnt Pety Cash 37.017 8.493 3.)2 49,918 27.910 104,704 3J02 49.986 133.512 BS Liabilities 15 year ban Bapttst un to purchase ma[e. knourtdu• 117,L The loan ts on 8 rep•yrn8nt basts. and i8 secyjred on Ihe manse. ynterest 15 25% abo¥e base rat&. The manse in hekj on trustfrf Wurle 8aptistChurch by the Westof Effjlar¥J Rewnal 8aptstTnJst Cowny. The no¢es on pages 5 aThJ 6 f¢ym an intsgral partof bkne a¢)))unts These aoxunts appm¥ed by the T 13th Marth 2025. arnj ' on thw"r behaty. Day Toom8r. Tnthe 13th Mari* 2025 Kahryn Ngedbarn. settery 13th Iqareh 2025
WORLE BAPTIST CHURCH NOTES TO ACCOUNTS 12 MONTHS ENDED 31st DECEMBER 2024 I. ACCOUNTING POUCIES These actnts a prepa on a'Rets ba atKJ a¢Id S.1 ChartsesAL12011 Funds NewMaTrs• Other R05tii¢d To1al Total FtuKIs Funds 2024 Funlts 2023 I Investmont Inw Bank te 5.349 5.349 3.101 3,101 4349 3. Other Income Grft8to retiring mtior Gifs k)18avirya minister in training Game5 nvJhtlhh & ehips nvJhl Harvest SeTr1 offering re Foodbank Offering re J Cook work in ThaAand Offeriry re SomèwhetE to Go OfferiTvJ b) BMS lieu ofchrislrnas ldS Churth minBtrie$ 8Sth birthday event 100 115 22Q 41 41 702 700 1.$17 4. Min•ty Mterfs pay 8 perlon Manse all¢Jwance & Èxperts65 Vting speaker5 & thrslaff ryjsts 4.952 2.424 32.9S8 13,932 4.9S2 51.072 S. Prnm&e¥ EXPEn<fr Repairs. r8newaLs & housekewTrJ Sound & mus Lighkng and heating Water and seeragè Churth Phon0 Rent 16.882 18,976 6,987 914 5.255 914 2A62 $33 533 1094 25.691 11.oto
Total Total Furth Funds 2024 Fund$ 2023 6. Gi¥in9 Dit8 E Botes{Abanial BMS Partn8rsip in Mission IH¢kng Mwrffil Renew 193 661 1000 4.000 4,500 3.000 1.200 Nepal Lepr05y Trust Street Pasb 260 250 Relwees Welcom# N¢Nlh Surws•t P Lynth, Bangla¢Jesh propclor Weston Hospi Care Erntsa the MHJd East Westorrfuper-maft Foo(Ibank 250 250 13,7Th) 20JIO 11801 A111 arJ nIanCY Insuran 576 1.771 I,n1 2J47 i.n1 2.271 & othor E¥pondliurv Offic8 SupplsIplinti3llrXlrWTrj Subscriptions Audio vtsual 7.C62 1ffj99 1171 0.761 1,119 B,708 8,761 IAan¥e Cosls Purchase pri¢e funded by Work Baptjst L89al fee$ & disbursemènts Sutveyofs fees West of England BaptstTrust CThrry Removal costs Majw remedW rkS Vvhite gr)J$ Decorating. clèaning. misc ¢>xts 1S9,C 575 575 1,380 3.19) 33.717 320 914 200,744 The n6w mans• r%)st £276.(. £117.CXXl a IDan frtffl the t&St Ur0. The loan fumts were W djre( from th• Bap1& UnY)ft to the pmperty veTrJor& Baptst repaying tt5 kjan w 15 years. 3.150 33.717 914 200.744
WORLE BAPTISTCHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES PERIOD ENDED 31st DECEMBER 2024 Act 2011 IlheAd). to betse¥e Ihat in 8nymater481 rÈ5pect. acwurts do Mt e0rd7th*h rBwd$.'