The Charity Registration Number is 1199278 Didsbury Baptist Church Report and Accounts 31 August 2023 Didsbury Baptist Church Report and accounts for the period ended 31 August 2023 Contents Page Charlty Infom)atlon Trustee5' Annual Report Accountants. report Funds St8tements.'. Statement tsf Financial Activities 10 Movement5 in funds Income and Expenditure account 12 Balance sheet 13 Cash flow statement 14 Notes to the accounts 15 Did$bury Baptist Church TrustÈÈs' Annual Report for the perlod from 27 March 2022 to 31 August 2023 The Trustees present their Rep(Kt and A¢¢ounts forthe period ended 31 August 2023. Reference and admlnlstratlve detalls The charlty name. The I￿1 name of the charity is:. Oid5bury Baptist Church. The ch8rlty¥ arees operatlon end UK ch8rlt8ble reglstratlon. The charity is registered in England & Wales with the Charity Cotntnission in England & Wales ICCEWI wlh Charity number 1199278. The charity does not operate in any overseas jurisdictions. Leg41 structurg of thg charity The charity 15 constituted as a Charitable Incorpor8ted Oryanisation ICIOI in England & W£le5. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales ICCEWI. There a￿ no restrictions in the governing é(tuments on the operat￿n of the Charity or on its investment powers other than those impo$ed by Charity Law. The trustees are all individu81s. The principal operating address, telephone number. email and web addresses of the Charity are... School LanelBeaver Road Nlanche51er M206SX Telephone 01614341451 Email Address didsburybaptisl@outk)ok.com Web address https.'Ildid5burybaplist.org.ukl The Trustses In offlce on the dats the report wa8 approved were=. Anna Wright- Appointed 27 M3rGh 2022 Sarah ChambÈrs- Appointed 27 March 2022 AiloÈn Doherty- Apwinted 27 Marth 2022 Rev Robort Parkinson- Appoint8d 27 March 2022 Graham Nicholl8- Appointed 27 March 2022 Sabrina Mar8hall- Appointed 27 March 2022 Stephen Ellioll- Appointed 27 March 2022 El￿abethe Marshall- Apwinted 27 March 2022 The foll¢)wing pprsons served as Trustee5 durin9 the period ended 31 Au9U5t 2023 :. The trustees who seNed as a trustee in the oporting period We￿ as shown above. and there were no changes during the year. or In the perlod between the year end and the approval of the a¢¢ounls. The fir8tTru8tees ar8 apwnted for an initial Ihr88-year term with thè opportunity to be nominat8d for r8app(xntment al th8 &nd of each three-y8ar term. Elect8d Trustees are appointed for terms of one, two or three years. One-third of elecled Trustees sh811 usually r&lir8 each c218nd8r year with the opportunity lo b& nominated for reappoinlmenl for t8rms of on8, two or thr8& years. Excluding any Minister or Ministers Df the Church the maximum number of Trust88s is nine and minimum is three. All the Trustees 8re also members of th8 charty. Did$bury Baptist Church TrustÈÈs' Annual Report for the perlod from 27 March 2022 to 31 August 2023 Objects and actlvltle8 of the charlty The purposes of the charlty8s set out In Its govemlny document. The prfn¢lpal purposes of the Church are.'- The advane8m8nl of th8 Christian faith according to th& princip188 of th8 Baptist denomination. The Church may also advance education and carry out other charits￿e purposes in the United Kingdom andlor other parts of the wodd. Nothing in this con51itLrtiOn shall aulhorise an application of the property of the Church for purposes which are not Gharitable in aCGord3nce with section 7 of the Charities and Trustee Investment ISGotkndl AGI 2005 or se¢tion 2 of the Charities A¢t INothern Ireland) 2008. The maln a¢Uvltles undertaken relatlon to those purposes theperfod. In fulfilling the Purwse the Church will engage In a range of a¢livities either on its own or with others tt)at wll vary from time to time with actr"vilies being initiated, expanded. or closèd. as appropriate. Th8 activities m8y includ8 but are not r88trie18d to.. regular public worship, prayer, Bible study, presching and t8aching,' b8pti8m, 88 defined in the Baptist Union's DeC￿ratiOn of Principle., - the Communion of the Lord's Supper which shall normally be observed al least once a month.. evangeli5rD and mission. locally. regionally, nationally and intemalionally., - the teaching, encouragetnent, welcotne and inclusion of young peoOe," nurture and growth of Christian disciple5'. education and training for Christian and comtnunty service.. - giving and encouraging pastoral cao, 8upporbng and Èncour4ing tharitabLe social action In the United Kingdom and abroad". The main activities undertaken during the period to further the charitys purpose for the public benefit. The Church has provided a w88kly service of public worship 8very Sunday. 11 h85 C81ebrated Holy Communion at least monthly and has provided a Young Church activity for children and young people at least tV￿ce monthty. It has conducted regular Bib￿ Study. prayer and sUPPOrt activities to nurture Christian cotnmunity, education. growth and discipleship and has provided 8 weekly drop-in coffee moming for the general public. The Church gives 3 proportion of it5 income and tn3kes financi313ppea15 for mission and humanitarian aid org3ni5atiOns Il supports It provides a Gollection wint for food donat￿￿5 to IoGal foodbanks. The churGh ha5 also made ils buildings avalkbk for the use of varlous ¢ommunlty and ¢haritable organlsatlons and a¢tivltles and 28 a polling slalion. The trustees have had regard to the Charity Commis$ion'$ guidance on public benefit in managing the a¢tivits"es of the charity. Did$bury Baptist Church TrustÈÈs' Annual Report for the perlod from 27 March 2022 to 31 August 2023 rhe short temi 8ndlonger term &lms and obJecUves. Th8 church's agr88d 8ims are.. 1 To follow Je8U8 by proclaiming the Kingdom of God in words and deeds in ways that are re818nd ￿levant to contemporary people and the society in which they live. 2 To invite people to respond to the Gospel of Jesu5 Christ in repentance. faith and comrnitment expressed through baptism and church membership and Christian service in the wortd. 3 To focus Ihe church's mission and ministry by Serving the people of Did5bury, while understanding and participating in God's wider mission. 4 To provide 3 Christian GOtDtnunity in whi¢h all people. in¢luding those of other faiths and none. will be accepted, valued and welcomed as they are. 5 To providè a Christian community In which disciple8 of Jesus Christ have the opwrtunity to worship G(x1, use their gifts and grow in their understanding and praclice of Christian faith. 6 To b8 a church based on the order and principles of the B8plisl d8nDmin8tion expressed in membership of th8 Baptist Union of Great Britain. 7 To be a church which recognises that il belongs to the one Church of Jesus Christ. Gr8lltmaklng pollcles and how these contrlbrjted to the achlevement of Ihe chatrltys alms 8nd objectives during the period. Although the Church is not a grant making bcéy as such, it provides through ils g8n8ral funds for gifts to 8UPPDrt a variety of Christian mission8ry or9anisalions and through which th8 Church m88ts ils objectiv88. All Baptist churches are encouraged to make a regular donation lo Home Mission and BMS Worfd Mission., Didsbury Baptist Church has observed this practice for many years and budgets to do so annually out of its income. It also supports Northern Baptist College 85 the bcal cdlege for the training of Baptist rnini5ters. with which it has had strong links for a long peri￿. The maln achlevements and performance of the charlty durlng the porlod. Worship and Prayer Services of worship continue to be held every Sunday moming. The Size of our posl-pandemiG Gongregabon is increasing slightly, and WÈ tononue to livestream our Sunday mornlng sÈrvicÈ online lo a small but signifltant nUmtr￿r of people. W8 continu8 to off8r a Sunday Moming Young Church activity on th& first and third Sundsy mornings of each month. Our regular Wednesday morning prayer gsthering continues to be held online every Wedne8d8y at 9am via Zoom. Pastoral Care The church generally offers weekly small group sctivities for Christian education. prayer and 5UPFK)rt 8ither in the sanctuary or online via Zoom. During Lent we held an ecumenical stu(ty Series based on the book l Thirst by Stephen Cottrell on Wednesday evenings. In Holy WÈÈk. mÈmbÈrs of our congregation and gUQStS galhÈred for a bring-and.sharÈ mÈal and famity friendly Hdy Communion service on Maundy Thursday. In April, the church provided an all-day First Aid tralnlng course for 9 members of the congregatlon. Some of our church m8mb8rs are unable 10 8tt8nd serwices and activiti88 du8 to sicknes8 or age. Our minist8r, Robert Parkin80n, h88 Vlsited 811 who hav8 r8qU&Sted it, and conlinu8s to s88k out those Mth pastoral n88ds and to meet, support, and prdyNVith them in their homes wherever appropriate. Our membership numbers remained stsble. Two people joined our membership bul, sadly, one died. and we dosed the reporting period wth a metnbership of 50. Did$bury Baptist Church TrustÈÈs' Annual Report for the perlod from 27 March 2022 to 31 August 2023 Mission During the reporting year, the church has continued to cdlect food items in support of our local foodbank. piovide sandwches for a local homelessness outreach, participated in Christian Aid appea15. SUPPOrted the work of 8MS Wodd miss￿￿ and supported the work of Baptist Hotne Mi55ion. the NWBA'Count Me In. 5therne and Northem Baptist Colkge. Ourweekly drotFin wffee tnoming activity. Friday Friends. tnet every Friday tnoming in the sanctuary fro 10.303m until 12.30pm. While all are welcome. the event largely attracts older petsp￿ In need of ¢ompany and social Int8raction. Between 8 and 15 people wer& usually in all•ndanc&. The Church agr88d to prepare to run an Alpha Course in the Autumn of 2023 a8 on8 way of introducing others lo the Christian faith. A team w88 recruited, and Alpha team training sessions were held in June 2023. Ecumenical Relationship8 Didsbury 8aptisl Church is a rnernbei of Churches Working Togelhei in Didsbury. Our tnini51er. Robert Parkinson. attends regular Clergy and Leaders. gatherings and the church participates in the annual pulpit exchange and in services and events organised bythe group. We participated again. for example, in the annual ecumenical Pulpit Exchange during the Week of PrHyerfor Christian Unity Hnd in the annual eGutnenical Lent Course. We also participated in the annual F￿e Churthes, Friday Service that took place at East Didsbury Methodist Church. Didsbury Baptist Church hosted the ecumenital World Day of Prayer In March 2023. The Church Building In fulfilmenl of the church's alms to seNe the people of the local area, th& premises are used by many community groups and for a great variety of ¢ommunity a¢tivities. The sanctuary reguladyfun¢tions as a concert venue, rehearsal spate. and day-conference site. It is used regularly as a polling station and as a hub for community gathtrings. The Church commis8ion8d a Quinquennial Buildings R8view in January thst idenlifi8d variou8 Item8 r8quiring attention. These were noted and prioritised. In July, work w8s carried out to repair FK>inting failures on Several of the buttresses, as well as repair work to the boundary wall of the property. Further pointing failures on several remaining buttresses were identified and the trustee5 are planning for repairs to be carried out soon, in addition to the other itnprovetnents noted in the buildings review. The additional expenditure which will bp ￿qui￿d has been included in the budgetfor the 202312024 financial year. Structure, governance and management of the charlty The methods used to ￿r￿ltand appointnew charity trustees. Tru81888 are appointed al Church M8mb&rs M88tings. The policies 4ndprocedure5 forthe induction and training of trustee5. Information for new Charity TrustÈÈs. The Charity Trust￿ will make available to each new Charity Trustee, on or before his or h8r first appointrr*nt'. a copy of the constitution and any amendm&nts m8de to it., copy of the Church's la18St trustees, annual r8port and statement of accounts,. and summary of key issues that have recentty been under consideration by the Charity Trustees with sufficient background information to enable the newty sppointed Charity Trustee to gain an understanding of the ways of working atnong the Charity Trustees with the intention that a newly apwinted Charity Trustee wll be helped lo understand the work of the Church and their reswnsibilibes 50 35 to Gontribute positively lo Charity Trustees tneetings as 500n a5 Possible 3fter their appointtnent. Did$bury Baptist Church TrustÈÈs' Annual Report for the perlod from 27 March 2022 to 31 August 2023 rhe charlty* organlsatlonal structu￿. The Church is govemed in accordance with the constitutr'on dated 27 March 2022. Subject to any specific or general directions of the Church Members, Meeting and the provisions of the constitution the Charity Tru81e8s are r8sponsibl8 for th8 control, management and administration of th8 Church save that the Charity Trustees are not required to do anything that would c8use them to be in breach of the constitution or any trustee duty placed upon them as a result of this role. How the charity makes decisions andhow decisions are delegated. The Charity Tru8lee8 may delegate any of their powers functions to a committee or committee8, and. if they do. they rnust determine the temis and conditions on which the delegation is made. The Charity Trustees rnsy at any time a￿r those terms and conditions or revoke the dekgation. Notwithstanding any such delegation the Charity TIu5tees retsin overall respjnsibilily. This power is in addition lo the power of delegalitsn in the Gener31 Regulation5 and any other power of delegation available lo the Charrty Trustees. but is subje¢l lo the follomng requirements". - a Committee may ¢onsisl of two or MO￿ persons, bul at least one member of each committee must be a Charity Trustee., the routine acts and proceedings of any committee must b8 brought lo the attention of the Charity Tru8te88 88 a whole as soon as is reasonably practicable,. and - where any committee identrfies a major drffi'cutty in their area of work or an urgent matter affecting the lrfe and work of the Church, they must tell the Charty Trustees without delay. The Charity Trustees shall from time to time ￿vi￿ the arrangements which they have made forthe delegation of their wwer5. rhe charltys r￿at1¢)￿S￿lps wlth relotedpèrtles. The Church is affiliated to the 8aptisl Union of Great Britsin and is a memberof the North We51ern Baptist AS5o￿atiOn. It is a150 a member of Churches Working Together in Didsbury and Bumage. Th8 trusto05'bank8rs andaSonable accuracy al any litne the financial pos11ion of the charity and which 3re sufficient to show and explain the Gharilys trans3Glions and en3bk them lo ensure th3t the financial slatetnents Gotnply with [￿￿13t19￿s Tnade under the Charities Att 2011. They are also responsiblo for Saf￿U8rdlng the assets of the ¢h2rity and hence for taking rea80nabl8 slep8 for th8 prevention and d8t8etion of fraud and other irr8gularities. The Trust88s ar8 also responsib￿ for the contents of the Trustees. r8POrt, and th8 81alutory responsibility of the Ind8P8ndenl Examin8r in relation lo th8 Trust888' report is limited lo 8xaminiw th8 report and ensuring that, on the face of the report, there a￿ no material incon81Stencie8 with the figures disclosed in the finsncial statements. 2311112023 This r8POrt W85 approved by th8 board of trustees on e// J()/ stÈphen Elli¢>tt Tru5t8e Aileen Dtsh*rty Truste8 Dld$bury Baptl$l Chur¢h Report of the Indepenilent Examlner to the Trustees of the Charlty on the accounts for the perlod ended 31 August 2023 I report to the tru5lee5 on my examination of the accounts of Did5bury Baptist Church (the Trust) for the period ended 31 August 2023. Respectlve responslbllltles of the Trustees and tho Independent Examlner and the basls of the report As described on page 7, you, the charity's Trustees, ar8 responsible for the pr8paralion of the financial slalemenls in accordance wth the Charities Act 2011 and all other applicable Isw and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. The Trustees consider that the audit requirement of Section 144111 ol the Charities A¢1 2011 lthe A¢tl does not apply, and that th8re is no r8quir8menl in the Governing Docurnent for the conducting of an audit. A8 a consequence, the Trustees have elected that the financi81 statements be subject lo independent examination. Having satisfied myself that the finanaal statements are not required to be audited under any legal prowsion, or otherwise. and a￿ eligible for independent examination, it is my responsibility to'.- al examine the financial statements of the ¢harity under Section 145 of the Act.. bl follow the applicable procedures in the Directions given by the Charity Commission under section 14515llbl of the Act. Independent Examine￿$ Ststement Since the ch8rills gross income exceeded £250,000. the charity's examiner must be a m&mb8r of a body listed in section 145 of the Act. l confirm that l am qualified to undertake the examination because l am an authorised metnber of ICAEW, whi¢h is one of the listed iknies. I have cornp￿ted my examination. I Confi￿ that no tnaterial matters have come to my attention in connection with my xamination giving me cause lo believe th8t in 8ny material respect.. accounting record8 wer& not k8Pt in respect of the charity as r8quired by with S8Ction 130 of The Ch8rities Act 2011-. the financial stalernents do not accord with those record5', or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a￿ount$ give 8 'lrue and fairf view. which is not a matter ¢onsidered as part of an independent examination.. have not b88n prepared in accordance Wlth the methods and principl&s s8t out in the FRS 102 SORP IStat8m8nt of Recotnmended Practice for Accounting and Reporting by Charitie512015, las amended by the Bulletin issued in October 2018 and applicable to 8118ccounling periods Winning on or after 1st January 20191, (The SORPI. I have no concems and have come scr05s no other matters in connection with the exatnination to which attention should be drawn in this rewrt in order to enable a proper understanding of the finan¢ial statements lo be rea¢hed. Eri¢ Langer BS¢ FCA- Independent Examiner Chartered Acwunlant 8-10 Gatley Road Cheadle Cheshi SK8 1PY This rewrt was signed on 24 Novembèr 2023 Dldsbury Baptlst Church . Statement of Flnanclal ActlvStle$ for the perlod ended 31 August 2023 Statement of Flnanclal A¢tlvltles for the perlod ended 31 August 2023 SOR PRef Current year Unrostricted Funds Current year Restricted Funds Current year Total Funds 2023 2023 2023 Income & Endowments from: Donations & Wacies Charitable activities Other trading activities Investments Other A1 44.922 6,762 10,886 1.599 447,897 440 45,362 6,762 10,886 1,599 448,932 A3 A5 1,035 Total Income 512,066 1,475 513,541 Expenditu￿ on.. charitab￿ activities B2 64,584 Total exp8nditura 64,584 64,584 Net Income for the year 447.482 1,475 448,957 Net income after tran5fer5 A-B.C 447,482 1,475 448,957 Net movement In lunds 447,482 1,475 448,957 Reconciliation of fund8=_ Total funds carrled fonward 447,482 1,475 448,957 The'SORP Ref indicated above is the ¢18ssifi¢abon of income sel out in the formal SORP documents. As required by p8ragraph 4.60 of the SORP, the brought forward and c8rried forward fund8 above have been )g￿e￿ to the 88lan¢e Sheet. A se￿[Ste Statetnent of Total Recognised Gain5 and Losses 15 not required as this statement includes all re￿nised gains and losses. All the prior year transactions w8re unr8Stricted items, and no further analysis is required All activitie5 derive from continuing op8rations The notes attached on pages 15 to 26 form an integr81 part of these accounts. 10 Dldsbury Baptlst Church . Statement of Flnanclal ActlvStle$ for the perlod ended 31 August 2023 Did5bury Bapt15t Church - Resources applied in the period ended 31 August 2023 towards fixed assets for Charity use-. 2023 Funds generated in the year as detsiled in the SOFA Resources applied on functional fixed assets 448,957 1320,0001 Net ￿SourCeS avallable to fund charltable actlvltfjes 128,957 Movements in revenue and capital fund5 for the period from 27 March 2022 to 31 August 2023 Revenue accumulated funds Unre$trl¢ted Fun(Is 2023 Restrl¢ted Funds 2023 Totsl Funds 2023 Recognised gain5 and losses before transfers 447,482 1,475 448,957 Closing revenue funds 447,482 1,475 448,957 Designated revenue funds included within the unr85tricted funds above Total Funds 2023 At 27 March Transf8r Ilollfrom r8v8nue accumu18ted fund5 45,000 At 31 Auyust 45,000 The purwses for which these funds have been designated are described in Note 18 to the accounts. Summary of funds Unrestricted and Deslgnated fund$ 2023 Restricted Funds Total Funds 2023 2023 Revenue accumulated fund5 Revenue designated funds 402,482 45.000 1,475 403,957 45,000 Total funds 447,482 1,475 448,957 The notes attached on pages 15 to 26 form an Integral part of these accounts. Dldsbury Baptlst Church . Statement of Flnanclal ActlvStle$ for the perlod ended 31 August 2023 Dldsbury Baptlst Church Income and Expendlture Account for the perlod from 27 March 2022 to 31 August 2023 as requlred by the Companies Act 2006 2023 Income Incorne fiotn operations 63.010 Investment incom8 and interest Int8rest receivab18 Other operating in¢ome 1,599 448,932 Gross income in the period before exceptional items 513,541 Gross income in the period including exceptional items 513,541 Expendlture Charitable expenditure, excluding depreciation and arnortisalion Govemance costs Interest payable 38.634 25.944 Total expendlture In the perlod 64,584 Net income before tax in the financial year 448,957 Tax on 5urplu5 on ordinary activiti85 Net Income after lax In the ffinonclal year 448,957 Retained surplus ftir the financial year 448,957 All activities derive from continuing operations In accordan￿ with the prowsions of the Companies Act 2006. the headings and subheadings used in the Incom8 and Exp8nditur8 account h8V8 been adapted to refl8Ct th8 special nature of the charity's activitie8. Th8 notes attached on pages 15 to 26 form an intsgral part of these accounts. 12 Didsbury Baptist Church- Balance Sheet as at 31 August 2023 SORP Notes Ref 2023 Flxed a$$ets Tangibk assets 9 A2 320,000 Current assets Debtors Cash at bank and in hand 10 82 13,917 119,767 Total current assets 133,684 Creditors.. amounts falling duo within one year C1 4,727 Net current assets 128,957 The total net assets of the Charlty 448.957 The total net assets of the charity are funded by the funds of the charity, as follows:. Restrlcted funds Restri¢ted Revenue Funds 15 D2 1,475 1.475 Unrestricted Fund5 Unrestricted Revenue Funds 15 D3 402,482 402,482 Deslgnated Funds Designated Revenue Funds 15 D3 45,000 45,000 Total charlty funds 448.957 The'SORP Ref indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP. the brought forward and carried forward funds above have been agreed to the SOF￿. The Truste8s acknowledge Ih8ir r8sponsibililies for complying with the requirements of charity legislats'on with respect to accounting records and the preparation of accounts. The ¢harity is subject lo Independent Examination under Charity I￿l$latIon. and the report of the Independent Examiner 15 on page 9. The Trustee5 3re satisfied that. 311hough the rharlty Is not reglslered under the Compani88 Acts, if it were so r8gist8r8d, it would b8 81igib18 to pr8pare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subj8Ct ￿ the small compani8s regim8. stephen Elliott Trustee Aileen Doherty Trustee 2311112023 Approved by th8 board of trustees on The notes attached on pages 15 to 26 form an integral part of these accounts. 13 Dld$bury Baptl$t Church Cash Flow Statement for the period from 27 March 2022 to 31 August 2023 2023 Cash flows from operatlng actlvltles Net cash prowded by operating activities a5 shown below 119,001 Cash flows from investing activities Interest received 1.599 Cash flows from financing a¢tiwities Repayment of amounts tK)rrowed 18331 Net cash provlded by financlng actlvltles 18331 Overall cash provlded by all actlvltles A+B+C 119,767 Cash movements Change in cash and cash equivalents trom adivities in the period 8nded 31 August 2023 119.767 Cash and ￿5h equivalents at 27 M3rch 2022 Change in cash and cash equivalent5 due to exchange rate rnovefflents Cash at bank and In hand le$$ overdrafts at 31 August 119,767 Reconclllatlon of net Income to net cash flow from operatln9 actlvltles N8t incom8 as shown in the Statement of Financial Activiti8s 448,957 AdJu$tment$ fgr:. Dividends. interest and rents from investments Decrease In debtors Increase in creditors, excluding loans Funds transferred frorn previous entity excluding bank, cash and loan 11.5991 5.840 1333,4811 Nel ¢a$h provliled by operatlng a¢tlvl¢le$ 119,001 Analysi5 of cash and cash equivalgnts 2023 Cash in h8nd for the pèriod ended 31 August 2023 119.767 Total cash and ¢a$h equivalents 119,767 Analysis of changè in net debt Atst8rt of perlod Cash Flows and at end ofperiod 119,767 Cash Total 119,767 14 Dldsbury Baptlst Chureh Not85 to the Accounts for the period from 27 March 2022 to 31 August 2023 1 Accountlny pollcle8 Poli¢ies reldting to the produ¢tion of the H¢¢ounls. Basls of preparatlon and accountlng ￿nventIon ThÈ accounts havÈ bÈen poparÉd on the accruÈls basis. underlhe historical tost convtrntion. and in accordance with thè Financial Reporting Sl8nd4rd applicable in the UK and Republic of Ireland IFRS 10213nd Accounting 8nd Reporbng by Charities. statement of Recommended Pracllc8 appllcabl& to ch8ritl8$ preparing their accounts in accordancè with the Financial R&portlng Standard applicable in the UK and Republic of Ireland IFRS 1021. Charities SORPIFRS1021, as amended by Update Bulletsn 1. The accounts have been prepa￿d in accordance with 8pplicable charity law in Engl3nd this being the Charities Act 2011 and Sl 20081629 ICh8rilies Accounting and Reporting Regulalionsl and, pending the making of replacemenl Regulations specific lo Charities SORP IFRS1021 In accordance wilh Règ.814lldl of Sl 20081629, th8 charity trusttres havè dep8rtÈd from th& requiretnenl of Reg.8151 by following Charities SORP IFRS1021 instead of Charities SORP IFRSSEI to the extent necessary lo give a true and fair view in the circuTllstsnTrs. Golng Concern The Tru$l8e$ are satisfied that, at the lime of approving the financial statements. it is appropria18 to adopt the going conc8m basis in preparing the financial stslements. Risks and future assumption5 The charityconstitules a public benefit entity as defined by FRS102. The charity 18 an Incorporated trust regi8tsr8d in England. The princjpal address of the charity is School Lan8188av8r Road, Manchester, M20 6SX. Polkl&s rel&tlng to cate9orl8s of An￿me endlncomo r6¢09nlllon. Nature of inttsme 1 incoming resourTrs are included in the statement of financial activities when the charity is enlilled lo the income and the amount can be quanlifi&d with r8asonable accuracy. Th& following sp8cific polici&s are applied to particular categories of Incom8'. Categorlos of Income Voluntary incom8 is received bywayof donations and gifts and is Includ8d in full In th8 8ts18menl of financial activits-as whan r8ceiv8ble. Incorne frorn investments is includetl in the year in which it is receivable. Legacies are included when the charity is advised by the personal representative of an estate that paytnent will be tnade or property transferred and the arllount involved can be quantified. Policies relatinu to expendl￿ffe on uoods services wovided to the char￿- Recognltlon of Ilabllltfj&8 and exp&ndltur6 Expenditure is recognised on an 3ccru31 basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is reported 88 P8rt of the expenditure lo which it relates. Charitable expendI￿re comprise5 those costs incurred bythe charity in the delivery of its actiwties and services for ils beneficiaries. 11 includes both costs that can be allocated directly lo such activities 8nd those costs of an indirect nature necessary lo support them. Governan￿ costs inclutle those costs associaled with meeting the stslutory requirernenls of the charity. 15 Dldsbury Baptlst Chureh Not85 to the Accounts lor th8 period from 2T March 2022 to 31 August 2023 Policies relating to assets, liabilities andprnvisions andothermatters. Tangible fixed assets The Manse property is stat8d at cost. No depreciation is provided on I￿8hOld property and Improv&m&nts because il 18 th& practic8 to maintain thè property In a continual slate of sound repair. Accordingly. the life is so long Ènd the residual value so high that the TrustÈÈs considÈr d)at depreci81ion c8lculated in 3ccordance with accepted 3ccounting stsnd8rds would be ifflmalerial. Ptn8ions- defined contribution 8chemes The charity conlribules to the Baptist Pension Scheme, which since 151 Janu8ry 2015 has been a defined contribution pension sch8m8. Contributions are charged lo the profil and1088 account as they b&com8 payable in accordance with the rules of th8 scherne. Fund Accountlng Unr8slricted fund8 8r8 availabl& for use al the discr81ion of th8 Irustses In furth8ranc8 of th& general obi8Ctiv8s of the charity. De5ignate(I funds are unrestricted funds earmarke(I bythe Trustees for particular purpose5. Restricted funds are subjthd to restrictions on their expenditure imposed bythe donor orthrough the terms of 3n appeal oras implied by18w. There are no 8ndowm@ntfund8. 2 Llabllltyto taxatlon The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finan￿ Act 2010 for UK corporation 18K purposes. Accordingly. the Charity is potentially exempl from l?xalion ID respect of income or capital gains rsceiv&d within c818gories cov8r8d by chap18r 3 part 11 of th& Corporation Tax Act 2010 or Seciion 256 of lh& Taxation of Chargeable Gains AGI 1992, to the exlenl that such inwme or gain$ are applied exclusively on the specific Gharilable objeGlS of the charity anij for no other purpose. Value A(Ided Tax is not reco¥erabk by the charity. and is therefore included in the relewanl C08ts in lh& Stal&ment of Financial Activities. 3 Winding up or dissolution of the Charity If upon winding up or dissolution of the church there remain any assets. after the salisf8ction of all debts and liabilities, the assets represented by the accumulated fund Shall be Iransferred lo some other ch8rilable body or bodies h8ving simi18r objects lo the church. 4 N8t Surplus In tho flnanclal yoar 2023 The net surplus in the financial year is stsled 8fter ch8rying:. Trustees, remuneration Pension costs Auditors, r8munaration 21.517 2.627 Number of truslees lo vthom benefits accrued unLler rnoney purchase P8nsion scheme8 S Interèst payable 2023 Loan interest 16 Dldsbury Baptlst Chureh Not85 to the Accounts lor th8 period from 27 March 2022 to 31 August 2023 6 Staff c05t8 and 8molum0nt8 SalaryGosts 2023 Gross Salaries excluding trustees 3nd key management personnel Trustees, Remuneration as detsiled in note 8 Other benefits paid to Irustaes. as d818ilsd in note 8 7.624 21,517 2.627 Total $aK2rie$, wage$ and related ¢o$ts 31,768 Numbers of full Ilm8 Omployees orfull tlme 8qulval6nts 2023 The average number of total slafF employed in the period ￿a$ Engaged on charitsble activities Eng3gÈd on mÈnagÉmÈnt and administration The details of remuneration paid lo trustees is shown in note 8 No 8mploy8es r8c&iv8d &molum&nts18xcluding pen810n cogtsl in 8xce88 of£60,000 per annum. Highest paid employee The remuner8tion in Ihe period year was Pension contributions paid bythe employer 21.517 2,627 Total remuner*llon p8ck89e Ancludedln total Salarles 8bove 24,144 7 Deflned contrlbutlon penslon sch8m88 The charlty operal8s a defin8d contrSbulion p&nslon scheme, th8 Costs of which ar& Shown abov8. Any Ilabiliti@8 and a$s8ts as$ociÈted wlth the 8theme are shown under d@blor8 and credilDrs. 8 Remuneratson and payments to Trustees and persons connected with them 2023 Remuneralion payable Éo trustees orconnectedpersOIIS Totsl romun8ratlon 21,517 In accordancÈ with the Constitution Minister or Ministers appointed by the Church are Charity Trustees thÈywill be ÈntidÈd to be paid 8n agreed and reasonable ￿MUneratIon orstipend out of the funds of the Church provided thal 8 majority of the Ch8rity Trustees al any given lime do not benefit under this provision. In addition to the minislerfs stipend, the payments made lo other Ttuslees were for the reimbursement of expenses lawFully incurred on behalf of the church. 2023 Pension payments relating to truslees or connecledpersons Rev R Parklnson 2,627 2,627 17 Dldsbury Baptlst Chureh Not85 to the Accounts for the period from 27 March 2022 to 31 August 2023 9 Tangible fixed assets Cur*¥nt Year Land and Buildings Total Cost Additions 320.000 320.000 At 31 August 2023 320,000 320,000 Depreciation At 31 August 2023 Net book valuE At 31 August 2023 320,000 320,000 At 26 March 2022 10 Dobtors 2023 Trade debtors Prepayments and accrued income Other debtors 100 13.746 71 13,917 11 Creditors.. amounts falling due within one year 2023 Tr3de creditors AcGruals PAYE, NIC VAT and oth&r lax&8 Other creditors 495 3.249 943 40 4,727 12 Pension Qommitments The Church conlribu1&81o th& p&nÈion 8cheme operal8d by the Bapligl Union for 118 Min1818r8. The Church has 8ccount8d for Ihis as a defined contribution scheme The Baptist Union operates as sponsoring etnployer for the scheme. The assets of Ihe scheme are held separately from those of the Church in an independently administered fund. OvèrihÈ yÈats, sevÈral ministers have bÈÈn members ofthe BÈptisl Union Ministers, Pension SchÈmÈ. Atthe p￿Sent timÈ. one seTving minister is 8 member of the scheme in respect of which the church make5 pension contributions. In reTrnl years, Ihe BU Pension Trustee has incr8as8d the level of contribution lo includ8 an element lo me81 the pension schern8 deficit in respect of past s&rvic8 of current and r6￿red Min5818r8. In 2021, The BU approved a'F8mily solution whereby it has contributed £33m to the pension scheme. This has reduced the over811 obli981ion for employer churches and has shortened the period over which 8ddilional contributions have lo be paid from 2039 back to 2029. A subsequent Valuation of the fund in 2022 saw the defiut f811 to £nil and therefore no potenti81 liabilityfor the Church. The additional monthly contribution is now £1. 13 In¢ome and Expenditure account Summary 2023 At 27 March 2022 Surplus after lax for the year 448,957 At 31 August 2023 448,957 18 Dldsbury Baptlst Chureh Not85 to the Accounts lor th8 period from 2T March 2022 to 31 August 2023 14 Particulars of how parti¢ularfunds ar8 r8pros8ntod by assets and liabilities At 31 August 2023 Unrestricted Designated funds funds Restricted fund5 Total Funds Tangible Fixed Assets CurrentAssets Curr&nt Llabiliti8S 320,000 87.209 14.7271 320,000 133,684 14,7271 45,000 1.475 402,482 45,000 1,475 44B,957 15 Change in total lunds over the period as Shown in Note 14. analy5ed by indiwdual funds Funds brought forward from 2022 Movement in funds in Transfers ba￿een funds In 2023 Funds carried lo￿ard to 2024 2023 See Noto 16 See Noto 17 Unrest*lcled•nddeslyn8ted funds.'_ Unrestricted Revenue Funds Dèslgnalèd R8vénu8 Funds 447,482 145,0001 45,000 402.482 45,000 Totsl unre$tri¢ted and designated fvnds 447,482 447,482 R88lrlcted funds.'_ Hardship Fund Impact W88k&nd Fund 1,275 200 1,275 200 Total restricted funds 1,475 1,475 Total charltyfund8 4148,957 448,957 16 Analysis of movemerts in funds over the period a$ Shown in Note 15 Other Gains & Lo8808 Incorne Expend￿lUTe Movernent In fund8 2023 2023 2023 2023 Unrestittedanddesiynated luftds.". Unr8slricted R8v8nu8 Funds 512.066 164,5841 447.482 Reslrictedfunds.-. Hardship Fund Imp8ct Weekenij Fund 1.275 200 1.275 200 513,541 64,584 448,957 17 D8tall$ of transf8r8 b8tW88n funds In tho petlod as shown In Note 15 The transfe￿ sljown nole 15 8bove are... 2023 Tollfroml Unr8strided Rev&nuè Funds Tollfroml Designated Revenue Funds 145.0001 45,000 Nettran5fers £45,000 was transferred to Designated Revenue Funds to create a Strategic Reserrfe Fund. 19 Dldsbury Baptlst Chureh Not85 to the Accounts lor th8 period from 2T March 2022 to 31 August 2023 18 The purposes forwhich the funds as detailed in note 15 are held by the Gharity are=. Unrostrlcted andd851gnatod funds.-. These fund8 ar8 h81d for the m8eling the obje¢liv8s of the charity. and lo prowde reserves for future aclivilies, and, subjectto charity legi513tion. are free frotn all restrictions on their use. Strategic Reserve Fund. Reserve5 are held to ensure that the church could manage a significant downturn in either rentals receipts or membership giving. Reserves hav8 b&6n s&1 a8id8 lo cover around 50.kn ol budgè18d &xp&ndItU￿ over a year Irounde(I down where activities could be postponed). This is re8ssessed annu8lly by the Trustees and approv81 Is sought from the members when 8 new budget Is pr8seni8d. For the financial yÈ8r 202112022 the reserves wer8 Sei al 8 lev81 of £40.000". for the finanGial year 202212023 the reserves were £45.000. Unrestric18d Rev8nu8 Funds Designated Revenue Funds Restrietedfunds... The purpose of the H8r(Iship Fund is to allowforfin8ncial help to be given lo those In urgent nead. Th18 can be to members ol th8 church and congregation, or mèmbers of the public who ask for a$sistanc&. h is usually given a$ a r&sponse lo a pastoral need. which may be identified to 8ndlor by the minister or a trustee. Har(Iship Fund ImpactW88k&nd Fund Funds to be spent on the Impact Weekend 19 Ultimate controlling party The charity is underthe control of its legal metnbers. If Ihe Church is wound up. the member5 of Ihe Church have no liabiltyto Gontribute to its asset$ 3nd no personal reswnsibililyfor 20 Dldsbury BaptS$t ChU￿h Detailgd analysis of income and 8xp8nditure for th8 Pgriod from 27 March 2022 to 31 August 2023 a5 requlred by the SORP This analysis is classified by conventional nominal descriptions and not by 8Ctivity- 20 Donation$, Grants and Legacies Current year CUr￿nt year Current year Unre51ricted Restricted Total Funds Funil$ Fund$ 2023 2023 2023 Donatlons and gffts from Inllvlduals Small donations individually less than £IO(H) Donations indiwdually more than £1.000 43.422 1,500 440 43,862 1,500 Total donations and gifts from individual$ 44,922 4S,362 Total Donatlons. Grants and LÈgacles Total Donations, Grants and Legacies A1 44,922 4S,362 21 Income from ¢harltsble a¢tlvl¢les- Tradln9 A¢tlvltle$ cUrrent￿r Current year CurrÈnt year Current wr Unre$lri¢ted Re$tri¢te Total Funds Funds Funds 2023 2023 2023 Primary purpose and ancillary trading Letting of property for charitable purposes 6,762 6,762 Total Primary purp059 and ancillary trading 6,762 6,762 22 Total Income from Charitable activities Current year Current year Current year Unre$trl¢ted Re$trl¢ted Total Funds Fund8 Funds 2023 2023 Current ye8r 2023 Total in¢ome from ¢haritable trading 6,762 6,762 Total from charitable activitlgs 6,762 6,762 23 Income from other. non charitable, trading activities Current year Current year Current year Unrestrlcted Restrlcted Total Funds Funds Funds 2023 2023 2023 Incom8 from letting 8nd licensing of property for non ¢h£rilable purFK)ses 10,886 10,886 Total from other activities 10,886 10,886 21 Dldsbury Baptlst ChU￿h Detailgd analysis of income and 8xp8nditure for th8 Pgriod from 27 March 2022 to 31 August 2023 a5 requlred by the SORP 24 Inve$¢ment Income Current year Current year Current year Unrestrlcted Restrlcted Total Funds Funds Funds 2023 2023 2023 Bank Interest Receivable Non Bank in18rest rec8ivabl8 1,565 1,565 Total investment income 1,599 1,599 25 Other income and gains Current year Current year Currenl year Unrestrlcted Restrlcted Total Funds Fund5 Funds 2023 2023 CIJrrènt￿r 2023 Friday Friends group Sundry other income Insurance e18ims- R8venue items Transfer from pr8vious entity 475 206 2,110 445,106 475 206 2,110 446,141 1,035 Total other income 447,897 1.035 448,932 26 Expenditure on charitable activities- Direct spending Cvrrent year Current year Current year Unrestricted Restricted Total Funds Funds Funds 2023 2023 Current Year 2023 Travel Ministers bLK)k allowan Assembly I conference fees Visiting Preachers Publicity YourwJ Church Worship material Friday Friends group expense5 Tealcoff8elflowers 158 86 250 337 134 97 264 163 167 158 86 250 337 134 264 163 167 Total dir8Ct spending 82a 1,656 1,656 27 Expenditure on charitable activities- Grant funding of activities Current year ¢urrÈnt year Current year Unre$lri¢ted Re$tri¢ted Total Funds Funds Funds 2023 2023 Current Year 2023 Home Mission BMS World Mission Northern Baptist College Gifts 2.070 2.080 320 602 2,070 2,080 320 602 Total grantmaklng costs 82c 5,072 5,072 22 Dldsbury Baptlst ChU￿h Detailgd analysis of income and 8xp8nditure for th8 Pgriod from 27 March 2022 to 31 August 2023 a5 requlred by the SORP 28 Support Costs for charitable activities Current year Current year Current year Unrestricted R8Stricted Total Funds Fund5 Fun(Is 2023 2023 Current Year 2023 Employ0• costs not Includ￿ in diro¢t eosts Salaries- Administrative staff Other salaries Training l ¢onferen¢e fees 2,211 5,413 380 2,211 5,413 380 P￿rnIseS Expert$es Rates and water charges Light heat snd power Cleaning and wast8 manag8ment Pr8mis8s repairs, r8n8wals and maint8nanc8 Property insurance Telephone and broadband expenses 2.078 6.990 1.035 6,840 1.555 2,078 6,990 1,035 8,840 1,555 847 Admtinistrative overheads Stationery and printing Sub8¢riptions lo periodi¢als Equipmen1,￿paIrs.eXpenses and malntenan¢e LI￿nCeS & Permit5 Officers expenses 144 749 714 343 31 144 714 343 31 Pmfessional fees paid to 8dvisors other than the auditor or examiner Other legal and professional 2,506 2,506 Finan¢ial ¢osts Bank charges Loan interest 70 70 Total support costs - Current Year 31,912 31,912 29 Other Expendlture . Goveman¢e costs Current year Current year Current year Unrestricted Restricted Total Fund5 Funds Fund$ 2023 2023 Current Year 2023 Independent Examinerfs fees Truslee5' remuneration Trustees D8fin8d benefit pension costs 1.800 21.517 2,627 1,800 21,517 2,627 Total GL>vernance ¢osts 25,944 25,944 23 Dldsbury Baptlst ChU￿h Detailgd analysis of income and 8xp8nditure for th8 Pgriod from 27 March 2022 to 31 August 2023 a5 requlred by the SORP 30 Total Charl¢able expendlture Current year Current year Current year Unre$lri￿ed Re$tri¢te Total Funds Funds Funds 2023 2023 Current Year 2023 Total direct spending Total grantmaking costs Total support C051s Total Governance costs B2a B2c B2d B28 1.656 5.072 31,912 25,944 1,656 5,072 31,912 25,944 Total charltable expendlture 82 64,584 64,584 24 Didsbury Baptist Church Activity analysis of Income and expenditure for the for the period from 27 March 2022 to 31 August 2023 This analysis is classifmd by activity and not by conventional nominal dgscriptions. 31 Analysis of incom8 by activity SOFA ￿f 2023 Activity Income from ¢harltable actlvltles Baptist Church 475 Income from other. non charitable. trading activitie5 Other non charitable activities 17,648 Summary of Total Income, Includlng thè Items above Charitable activities Other activities Donations & L8gaci8S Investment in¢ome Other income 6,762 10,886 45,362 1,599 448,932 A1 Total income a5 shown in thg SOFA 513,541 Categories of income Income from 8xchang8 transactions 513,541 32 Analysis of charitable expenditure by activity Activity Dlrect Costs Support Costs Grant funding of Total r.tivitip_4 2023 2023 2023 2023 Baptist Church Direct costs Ernployee c051s nol includ8d in direct Costs Premises expen5e5 Administrative overheads Professional fees Financial costs Grantm8king costs 1,656 1.656 8,004 19,345 1,981 2,506 76 5.072 19,345 1,981 2,506 76 5.072 Total Baptist Church 1,656 31,912 5,072 38,640 25 Didsbury Baptist Church Activity analysis of Income and expenditure for the for the period from 27 March 2022 to 31 August 2023 Summary of charitable costs by activity Direct Costs Support Costs Grant funding of Total Ar.tivitig_ 2023 2023 2023 2023 Total Baptist Church Total Gov8rn8nee costs 88 detailed in Note 29 1,656 31,912 5,072 38,640 25,944 25.944 Total charitable 8XP8nditur8 1,656 57,856 5,072 64,584 The br8akdown of this 8xp8nditur8 by type of sp8nding lie nominal classification) is d8tai18d in note 30 Analysls of support and governance costs by charltablÈ actlvltles Governance Finance Human Other Resources Overheads Activity Baptist Church 25,944 76 8,004 23,832 Grand Total 25.944 76 8.004 23.832 Summary of grznt making by zctivity Grants to Grants to Instltutlons Indlvlduals 2023 2023 Support costs 2023 Total 2023 Baptist Church 5,072 5,072 5,072 5,072 Fuller details of grants made and related ¢osts. including support ¢osts. are shown in note 27. 33 Analysis of non charitable expenditure by activity Actlvlty Governance costs Governance costs 2023 Other Expenditure- Governance costs as detailed in Note 29 25,944 26