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2024-08-31-accounts

Charity Number: 1199278 Didsbury Baptist Church Annual Report and Financial Statements for the financial year ended 31 August 2024

Didsbury Baptist Church CONTENTS Pag• Reference and Administrative Information Trustees, Report Statement of Trustees, Responsibilities Independent Examiner's Report 10 ststemenl of Financial Activities Balance Sheet 12 Notes to the Financial Statements 13-20

Didsbury Baptist Church REFERENCE AND ADMINISTRATIVE INFORMATION Trustèès Sarah Chambers Aileen Doherty Stephen Elliott Anitha Janjanatn IAppoint8d 23 Jun8 20241 Eli2abethe Marshall Sabrina Marshall Graham Nieholls (Resigned 9 April 20241 Revd Robert Parkinson (Resigned 14 April 20241 lan Sheldrake IAppoinled 23 June 20241 Ruth Sheldrake IAppointed 26 November 20231 Anna Wright Charity Numbar in England and Walès 1199278 Principal Address School LanelBeaver Road Manchester M20 6SX Independent Examiner Steven Nixon BS¢ (Honsl FCCA Langers MN Ltd Chartered Accountant and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY Principal Bankers Baptists Together PO Box 44 129 Broadway Didcot Oxford OX118RT CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME194JQ

Didsbury Baptist Church TRUSTEES. REPORT for the financial year ended 31 August 2024 The trustees present their Trustees, Report and the finanaal statements for the financial year ended 31 ALJgust 2024. The financial statements ale prepared in accordance with the Charities Act 2011, and Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. The Trust88s' R8POrt contains th8 Info￿atioN required to b8 provid8d in the Trust88s' Annual R8POrt under the Statement ol Recommended Practice ISORPI guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In ihis report the trustees of Didsbury Baptist Church present a summary of its purptsse, govemance, activities, achievements and finances for the financial year 31 August 2024. Mlsslon, Oble¢tSves and Strategy Objectives The prinapal purposes of the Church are.. - The advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom andlor other parts ol the wodd. Nothing in this Constitution shall authorisg an application of the propety of the Church for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Inveslment (Scotlandl Act 2005 or section 2 of the Charities Act INorthern Ireland) 2008. Structure, Governance and Management The tnethods used to recruit and appoint new charity trustees. TIust8es are 8ppoint8d at Church Memb8rs M8eting5. The polieies and procedures for the induction and tiaining of trustees. InlormatK)n for new Charity Trustees. The Charity Ttustees will make available to each new Charity Trustee, on or before his or her first appointment.. a copy ol the constitution and any amendments made to it., a copy ol the Church's latest ttustees. annual report and statement of accounts," and a summary of key issues that have recenuy been under consideration by the Charity Trustees with sufficient background infomation to enable the newly appointed Charity Trustee to gain an understanding of the ways ol working amtsng the Charity Trustees with the intention that a newly appointed Charity Trustee will be helped tts understand the work of the Church and their responsibilities so as to contribute positively to Charity Trustees meetings as soon as possible after their appointment. The chari anisational structure. The Church is governed in accordance with the constitution dated 27 March 2022. Subject to any specffic or general directions of tt)e Church Members, Meeting and the provisions of the constitution the Charity Trustees are responsible for the control, rnanagemenl and administration of the Church save that the Charity Trustees are not required to do anything that would cause them to be in breach of the constitution or any trustee duty placed upon them as 8 r85uIt of this role. How the charit makes decisions and how decisions are del ated. The Charity Trustees may delegate any of their powers orfunctions to a committee or committees, and, if they do, they must detemiine the terms and conditions on which the delegation is made. The Charity Trustees may at any lime aller those terms and conditions or revoke the delegation. Notwithstanding any such delegation th8 Charity Tru5t8es r8tain over811 responsibility. This power is in addib.on to the power of delegation in the General Regulations and any other power of delegation

Didsbury Baptist Church TRUSTEES. REPORT for the financial year ended 31 August 2024 8vailabl& to the Gharty Trustees, but IS subject to the following rgquirementS'. a cornrnitt88 rnay con51St oftwo or mor8 P8r50ns, but at least on8 m8mber of 88ch comtnitt8e must b8 8 Charity Tiustee", the routine acts and proceedings ol any committee must be brought to the attention tsf the Charity Trustees as a whole as soon as is r&asonably practicable,. 8nd wh8r8 any committee identifies 8 major difticulty in their ar8a of work or an urg8nt rnatter aff8Cting the lif8 and work of the ChLJrch, they tnust t811 th8 Charity Ttust88S Wlthout d8lay. The Charity Trustees shall from time to time review the arrangements which they have made lor the delegation of their powers. Revlew of Actlvltles, Achlevements and Perfom)ance The main activities undertaken in relation to those ur oses durin the eriod. In fulfilling the Purpose the Church will engage in a range of activities either on its own or with others that will vary from lime to time with activities being initiated, expanded, or cbsed, as appropriate. The activities may include but are not restricted to.. regular public worship, prayer, Bible study. preaching and leaching,. baptisrn. as defined in the Baptist Union s Declaration ol Principle.. the Communion of the Lord's Supper which shall normally be observed at least once a month. evangelism and mission, locally, regionally. nalionally and internationally., the teaching. encouragernent. welcome and inclusion of young people., nurture and growth of Christian disciples., education and training for Christian and community Servi￿., giving and encouraging pastoral care.. supporting and encouraging charitable social action in the United Kingdom and abroad.. The tnain activities und&rtak8n durin the 8riod to furth8r the chari OS8 for th8 ublic b8nefit. The Churoh has providgd a weekly s9rvioe of publio worship every Sunday. It h8S ¢91ebr8ted Holy Communion gt least twic8 monthly 8nd provided a Young Church activity for children and young people at least twice monthly. It has conducted regular Bibl8 Study, prayer and support activities to nurture Christian community, education, growth and dI￿lpleShip and h8s provided a weekly drop-in coffee moming forthe gener81 public. The Church gives a proportion of it5 income and makes financial appeals for mission and th8 hutnanitarian aid organisations it supports. It provid8s a collection point for food donations to loeal foodbanks. The church has also made its buildings available lor the use of various community and Charitable organisations and activities and as a polling station. The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. The short term and lon er temi aims and ob'ectives. The church's agreed aims are.. 1 To follow Jesus by pr￿laimIng the Kingdom of G(>J in words and deeds in ways that a￿ real and relevant to contemporary people and the society in which they live. 2 To invite people to respond to the Gospel ol Jesus Christ in repentance, faith and commitrnent expressed through baptism and church membership and Christian Servi￿ in the world. 3 To focus the church s mission and ministry by serving the people of Didsbury, while understanding and participating in God's wider mission. 4 To provide a Christian community in which all people, including those of other faiths and none, will be a¢￿pIed, valued and welcorned as they are. 5 To provide a Christian community in which disciples of Jesus Christ have the opportunity to worship God, use their gifts and grow in their understanding 8nd practice of Christian faith. 6 To be a church based on the order and principles of the Baptist denomination expressed in membership of the Baptist Union of Great Britain. 7 To be a church which recognises that it belongs to the one Church of Jesus Christ. Grant rllakin eriod. olicies and how these contributed to the achievement of the chari s aims and ob'eclives durin the Although the Church is not 8 grant rnaking body as SLJch, it provid85 through its g8n8ral funds for gifts to 5UPPOrt a variety of Christian missionary org8nisations and through which the Church meets its objectives. All Baptist ohurches are encouraged to make a regular donation to Home Mission and BMS Worfd Mission,. Didsbury Baptist Church has observed this practice for many years and budgets t(> do so annually out of its income. It also supports Nc>rthern Baptist College as the local college for the training of Baptist ministers, with which it has had strong links lor a long period.

Didsbury Baptist Church TRUSTEES. REPORT for the financial year ended 31 August 2024 The tnain achi8V8tn8nts and rfomianc8 of th8 chari durin th8 eriod. On Sunday 22 October 2023 at the end of worship and, subsequently, in the church meeting the minister, Revd Robert Parkinson, 8nnounced to the church that It W85 his intention to retire from th8 pastorate of the church on Sunday 14 April 2024, shorlly aft81 his 65th birthday. Following that announcern8nt, h8 worked with the d&acons to ensur8 that the li18 olthe church continued In th8 8nsuing month5 and plan5 were put In plac8 forafter his departur8. Rob8rt's retir8ment was celebrated wth a retirement party on 13 April to which family, friends and representatives ol other churches were invited, and a farewell seNice and lunch on 14 April. In May, the deacons met with one of the regional team leaders from the North Western Baptist Association, following which Revd Neil Brighton IBaptist minister) was appointed as Moderator for the interregnum. Work has been taking place Sin￿ then in preparation for the proTrss ol calling a new minister. Worship and Prayer Services ol worship are held every Sunday moming, with additional services at Christmas and Easter, as appropriate. Until 14 April 2024 services were led, predominantly, by the minister., since his retirement. the church has been served by visiting preachers, both ordained and lay from a variety ol denorninations, and mernbers of the church. The services are livestreamed lo a small but significant number ol people. We offer a Sunday Morning Young Church activity on the first and third Sunday momings of each month. On Christmas Eve we held the Carols by Candlelight service which has. tr8dition8lly, attracted members of the local community. We were pleased that the numbers in Ihe congregation returned to near those of pre-pandemic levels. The regular Wednesday morning prayer gathering was held online, via Zoom, most weeks until mid-April. It has now been discontinued but prayer materials (lectionary readings and a liturgy) 8re made available lo those who wish to continue to engage in this act of prayer. Pastor81 C8r8 The church g8n8r8lly off8rs weekly sm811 group 8Ctiviti8s for Christ18n 8ducation, pray8r and 5UPPOrt 8ith8r in the sanctuary or online via Zoom. In Holy Week, members of our congrgg8tion and guests gathered for a bring-and-share meal and f8tnily friBndly Holy Communion service on Maundy Thursday. Some of our church m8mbers ar8 unable to attend s8rvic85 8nd activities du8 to sickness or age. Unb"I his r8tirern8nt, the rninister, Robert Parkinson. visited all who h8ve requested it and sought out those with pastor81 needs and to rne8t, support, and pray with them in their homes orwh818ver appropriate. Since the rninist8r's retir8tn8nt in April concem for members of the church and congregation has primarily been the responsibility of the deaeons, although the whole fellowship is also encouraged to lotsk out for each other. Pastoral concerns are on the agenda of every deaeons, business mèeting. Membership numbers remained stable. During the year under review we welcomed three new members, one through baptism (which took place on Easter Sundayl and two by profession of faith. Two members resigned and another sadly died. We closed the reporting peritsd with a membership of 50. Mission During the reporting year, the church has continued to collect food items in support of Dur I￿1 foodbank, provide sandwiches for a local homelessness outreach. participated in Christian Aid appeals, supported the work of BMS World Mission, Baptist Home Mission and Northern Baptist College. Our weekly drop-in coffee moming activity. Friday Friends, met most Friday momings in the sanctuary from 10.30arn until 12.30pm. While all are welcome, the event largely attrads older people in need of company and social interaction. Between 5 and 10 people were usually in attendance. The Church ran an Alpha Course in the Autumn of 2023 as one way of intrlxlucing others to the Christian faith. Although it was valuable to those who attended. it did not encourage newcorners. as had been hoped. Ecumenical Relationships Didsbury Baptist Church 1$ 8 mgmber of Churchg5 Working Together in Didsbury and Bumage. Our minister, Robert Parkinson, h8s attended regular Clergy 8nd L8ad8r5' gatherings and, since hi5 r8tirement, th8 church has been represented by one of the deacons. The church participates in the annual pulpit exchange and in services and events organised by the group. We also participated in the annual Free Churches, Good Friday servi￿ which took place at Comerstone United Reformed Church.

Didsbury Baptist Church TRUSTEES. REPORT for the financial year ended 31 August 2024 The Church Building In fulFilment of the church's aims to serve the people of the local area, the piemises are used by many community groups and for a great variety of activities. The sanctuary regularfy functions as a concert venue, rehearsal space, and d8y-conlerence slte. It is also us8d as 8 polling station and as a hub for community gatherings. Followng the Quinqu8nnial Buildings R8V18w, which wa5 undertaken in January 2023, r8rn8dial work was done on the remaining buttresses not r8paired in the previous financial y8ar and th8 fir8 8scap8 door was replaced. Th8r8 are still some further, less urgent tasks, to be completed. Flnanclal Revlew General Fund Receipts Thanks to the continued generosity of members of the church and congregation £50,651 was received through general giving. The donations are made predominantly by standing order, and a cash offering during Sunday worship services. There were donations via the Charities Aid Foundation, and some miscellaneous donations for specific purposes, including the Impact Weekend. Donations of £300 nominated specifically for the hardship fund were made. Other receipts included= Letlings payments received during the period raised £28,253. £9.757 resulting from a retrospective Gift Aid claim covering 13 June 2022 to 5 April 2023. Attendees at Friday Friends contributed £484 to Cover the costs of refreshments and other items, such as birthday cards. The church benefits from a net surplus. with expenditure on Friday Friends tolalling £139 lexcluding healing and Expenses The wst of ordained ministry - gross stipend. employer's pension contribution. fees for visiting preachers and Costs reimbursed to the minister- was £23.967. Premises costs relate to both the church building and th8 rnanse. As th8 own8r, the church pay5 th8 council tax on th8 manse, plus the water rates and boiler maintenance,. the minister receives an allowance as part of the stipend towards heating and lighting. The church pays the buildings insur8nC8 for the man58 plus the church'5 own insurance linduding Employerfs and Public Liability). Th8 Cost of light, heat and power1£11,3711 applies to th8 church buildings only. Th8 figur8 for cleaning and wast8 manag8rM8nt includ8s purchas& of supplies, waste disposal and window cleaning. The cle8nerts pay is categorised elsewhere. Budgeted donations of £7,112 were made to other eauses18MS Wodd Mission, Baptist Home Mission and Northem Baptist College), plus some additional receipts for BMS Birthday scheme whieh were prccessed through the church account. At 31 August 2024 the current account stood at £25,925 lincluding £10,000 transferred from the Investment account. See below). Investment Fund During the year the decision was taken to move some of the funds within the Baptist Union Deposit Account in order to attract the best interest rates. The funds were moved as follows.. £50,000 Ilhe designated reserves) to the 3-month notice account and £50,000 to the one-month notice account with the balance of £2,029.46 remaining in the 74ay notice account. In June, £10,000 was withdrawn from the one-month notice account io ensure that the church had sufficient funds to cover paymenls lor the replacement fire door and the work on the buttresses. This use of the investment fund had been agreed as part of the budgeting process lor 2023124. The fund total al 30 June 2024 was £93,999.76. Results At the end of the financial year the charity has assets of £456.34412023 £453.6841 and liabilities of £2,87812023 £4,727). The net assets of the charity have increased by £4,509. Reserve$ Po$ition and Policy Reserves are held to ensur8 that the church could Tnan8g8 8 significant downturn in 8ith8r r8ntals receipts or merllbership giving. Reserve5 have been set aside lo cover around 50°k of budgeted expenditure over a year (rounded down Whe￿ activities could be postponed). This is reassessed annually by the Trustees and approval is sought frorn the members when a new budget is presented. For the financial year 202212023 the reserves were set at a level of £45,000., for th8 financial year 202312024 th8 r&s8rv8s wer8 £50,000.

Didsbury Baptist Church TRUSTEES. REPORT for the financial year ended 31 August 2024 Principal Risks and Uncertainties The rnajor risks to which the Church is 8xpos8d consist ol pot8ntial buildings failures, loss of income, and potential hairnful behaviour. Policies are therefore tnaintained for finance, hurnan resources, safeguarding, data protection and health and safety. In accordanc8 With th8 Con5titLJtion, the trust88s retire by rotation and, b8ing 8ligibl8, off8r thernsel￿8S for re-election. Compllaneè wlth S•etor.Wldo L&glslatlon and Standards The charity engages pro-actively with legislation, standards and codes which a￿ developed for the sector. Didsbury Baptist Church subscribes to and is compliant with the following,. The Charities SORP IFRS 1021 Availability and adequacy of assets of each of the fvnds The board of trLJStees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. 1411112024 Approved by the Board of Trustees on and signed on its behalf by: Stephen Elliott Trustee Aileen Doherty Trustee

Didsbury Baptist Church STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 August 2024 The trustees are responsible ft>r preparing the financial statements in aecordance wth applicable law and regulations. The law applicable to charities in England and Wales require5 the trustee5 to prepare financi815tatements for each financial year which give a true and lair view of the assets, liabilities and financial ptssits.on ol the charity as at the financial year end date and of the surplus or deficit of the charity and otherw5e cornply with the charib.es Act 2011. In preparing th8s8 financial statements, th8 trust88s are required to.. select suitable accounting policies and apply them consistently., make judgements and accounting estimates that a￿ reasonable and prudent., slate whether the financial statements have been prepa￿d in accordance with applicable accouniing standards, identify those standards, and note the effect and the reasons lor any material departure from those standards", and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees confirm that they have complied with the above requirements in preparing the financial statements. The trustees are responsible lor keeping adequaie accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are a￿0 responsible for safeguarding the assets ol the charity and hen￿ lor taking reasonable sieps for the prevention and delection of fraud and other irregularities. 1411112024 Approved by the Board of Trustees on and signed on its behalf by: stephen Elliott Truste8 Aileen Doherty Trusleè

Didsbury Baptist Church INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF DIDSBURY BAPTIST CHURCH

I report to the trustees on my examination of the accounts of Didsbury Baptist Church for the financial year ended 31 August 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

__________Steven Nixon BSc (Hons) FCCA LANGERS MN LTD

Chartered Accountant and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY

15 November 2024 Date: ...............................

10

Didsbury Baptist Church STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 31 August 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unrestricted Restricted Funds Funds Funds 2024 2023 2023 Total Funds 2023 Not•s Income Donations and legacies Charitable activities Baptist Church Other trading activities Investments Other income 61.811 5.575 67.386 44,922 440 45,362 12,626 15,627 3,837 710 12,626 15.627 3.837 710 6,762 10,886 1,599 447.897 6,762 10,886 1,599 448,932 1,035 Total Ineoma 94,611 5,S75 100,186 512,066 1,475 513,541 ExpendSture Charitable activities 89,447 6,230 95,677 64,584 64,584 Net incomellexpenditurel 5.164 16551 4,509 447,482 1,475 448.957 Transfers between funds 19651 965 Net movement in funds for the financial year 4.199 310 4,509 447,482 1,475 448.957 Reconciliation of funds.. Total funds beginning of the y8ar 17 447.482 1,475 448,957 Total fvnd5 at the gnd of the year 451.681 1,785 453,466 447,482 1,475 448,957 The Statern8nt of Financial Activiti8s includes all gain5 and loss8s recognised in the financial y8ar. All income and expenditure relate to continuing aetivities. The not&s on pages 13 to 20 form part of th& financial stat&ments

Didsbury Baptist Church BALANCE SHEET as 3t 31 August 2024 2024 2023 Notès Fixed Assets Tangible assets 11 320,000 320,000 Currènt Ass•ts Debtors Cash at bank and in hand 12 14,994 121,350 13,917 119,767 136,344 133.684 Creditors: Amounts falling due within one year 13 12.878} 14,7271 Net Current Assets 133,466 128.957 Total Assets less Current Llabllltles 453,466 448.957 Funds Restricted trust funds Designated funds (Unrestricted) General fund lunrestrictedl 1,785 50,000 401,681 1.475 45.000 402,482 Total fvnds 17 453,466 448.957 The financial staternents have been prepared in accordance with the provisions applicable to companies subject to the sm311 companies, r8gim8 and in accordance FRS 102'The Finanoial Reporting Stsndard applicable in the UK and Republic of Ireland" applying S8Ction 1A of that Standard. 1411112024 Approved by the Board of Trustees and authorised for issue on behalf by and signed on its Stephen Elllott Trustee Alleen Doherty Trustee ThÈ not&s on pages 13 to 20 form part of th& financial stat&ments 12

Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the financi81 year ended 31 August 2024 GENERAL INFORMATION Didsbury Bapts"st Church is a charity incorporated in England. The registered office of the charity is School LanelBeaver Road, Manchester, M20 6SX which is also the principal place of busines5 of the charity. The financial statements have been presented in Pound (£1 which is also the functs.onal currency (>f the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting poliaes have been applied Consistent￿ in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordan￿ with the Statemenl ol Recommended Practice ISORPI 'Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Repor￿ng Standard applicable in the UK and Republic of Ireland FRS 102. applying Section 1A of that Standard. As pemiitted by the Companies Act 2006, the charity has varied the standard formats in that act for the ststemenl of Financial Activities and the Balance Sheet. Departures from the standard forrllals are lo corrply with Ihe requirements ol the Charities SORP and are in compliance with section 4.7. 10.6 and 15.2 of that SORP. Statement of compliance The financial statements of the charity for the financial year ended 31 August 2024 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice ISORPI"Accounting and Reporting by Charities preparing their accounts in scmrd8nce with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland FRS 102" applying Section 1A of that standard. Fund acwunting The following are the c8tegorie5 of funds rnaintained.. Restricted fund5 R85trict8d funds r8pres8nt income rec8iv8d which can only b8 used for particular purposes, as sp8cified by the donots. Sueh purposes are within the overall objectives of the charity. Unrèstrietèd funds Unrestricted funds consist of General and Designated funds. General funds represent amounts which are expendable at the discretion ol the board, in furtheran￿ of the objectives of the charity. Designated funds comprise unrestricted funds that the board has, at its discretion, set aside lor particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund. Income Income is recognised by indusion in the Statement of Financial Activities only when the charity is legally entitled to the income. performance conditions attached lo the itemlsl of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. Income from charltable actlvStles Income from charitable activities include income earned from ihe supply c>f services under contractual arrangerrents and from perforrrance related grants which have condits'ons thatspecify the provision of particular services to be provided by the charity. Income from govemment and other co-funders is recognised when the charity is 18gally entitled to th8 income b8CaUSe It is fulfilling the conditions ¢ontain9d in the related funding agreements. Where a grant is received in advance. its recognition is deferred 8nd included in creditors. Where entitlement occurs before income is received, it 1$ 8￿rUed in debtors. Grants from gov8rnments and oth8r co-funders typically includ8 one of th8 following typ8s of conditions.. Perforrnance based conditions.. whereby the charity is contr8CtU811y entitled to funding only to the extent that th8 cor8 obj8Ctives of th8 grant agr8ement are achiev8d. Where the charity is me8ting the core objectiV8s of orant ag￿eMent, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as income. 13

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 .Time bas8d conditions.. wh8r8by th8 charity is contractually entitled to funding on th8 condition that it is utilised in a particulai period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement. In the 8bs8nc8 of such conditions, assurning that rec8ipt is probab18 and th8 amount can b8 r81iably tll8asured, grant incom8 is r8cognis8d onc8 th8 charity Is notifi8d of entitl8tn8nt. Grants re￿iVed towards capital expenditure are credited to the Statement of Financial Activities when re￿iVed or re￿1Vable, whichever is earfier. Expendlture Expenditure is analysed befvleen costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is cognised when a legal or constructive obligation exists as a result ol a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work ol the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion lo staff time spent or other suitable measure for each activity. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less their estimated residual value, over their expected useful lives as follows.. Land and buildings freehold The Manse propety is stated al cosl Debtors Debtc)rs are recognised at the settlement arnount due after any discount offered. Prepayments are v31ued at the 3tnount prepaid netof any trade disGounts du8. Incorne recognised byth8 charity frorn government agencios nd other co-funders, but not yet received at financi81 year end, is included in debtOf5. Cash at bank and in hand Cash at bank and in hand mmpris8s cash on d8POSIt at banks reqLJiring 18ss than thr8e rnonths notic8 of withdrawal. Taxatlon and d•f•rr&d taxatlon No eurrent or deferred taxation arises as the charity has been gianted charitable exemption. Irreeoverable valued added tax is expensed as incurred. Pensions The chaiity contributes to the Baptist Pensi(>n Scheme, which since 1st January 2015 has been a defined contribution pension scheme. Contributions are charged to the profit and loss accrxjnt as they become payable in accordan￿ with the rules of the scheme. Priortts 1st January 2015 the scheme was a defined benefit scheme. PERIOD OF FINANCIAL STATEMENTS The cornparats've figures relate to the 17-month period ended 31 August 2023. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2024 2023 Donations and legacies 61,811 5,575 67,386 45.362 Restricted income in prior period was £440. CHARITABLE ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Baptist Church.. Letting of prop8rty for charitab18 purpos85 12.626 12,626 6,762 14

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 OTHER TRADING ACTIVITIES Unrestricted Restricted Funds Funds 2024 2023 Income frotn letting and licensing of property for non charitable puipos8s 15.627 15.627 10,886 15,627 15,627 10,886 INVESTMENTS Unrestricted Restricted Funds Funds 2024 2023 Bank interest received Other interest re￿iVed 3,402 435 3,402 435 1.565 34 3,837 3,837 1.599 OTHER INCOME Unrestricted Restricted Funds Funds 2024 2023 Friday Friends group Sundry other incom8 Insurance c13ims- Revenue items Transf8r from pr8ViOUS 8ntity 484 226 484 226 475 206 2,110 446,141 710 710 448,932 Restricted ineome in prior period was £1,035. EXPENDITURE CHARITABLE ACTIVITIES Direct Costs Other Costs Support Costs 2024 2023 Travel and subsistence Ministers book allowance Assembly I conference fees Visiting Preachers Publicity Young Church Worship material Friday Friends group expenses Tealcoffeelllowers Home Mission BMS World Mission Northem Baptist College Gifts- see note 17.2 Salaries administrative staff other salaries Training I confer8nce fees Rates and water charges Light heat and power Cleaning and waste m8nagem8nt Premises repairs, r8newals and rnainten8n Property insurance Telephone and broadband expenses Stationery and printing 45 109 1,61S 802 45 109 1,815 802 158 86 250 337 134 97 264 163 167 2.070 2.080 320 602 2.211 5,413 380 2.078 6.990 1,035 6,840 1,231 87 139 89 3,105 3,527 480 6,030 1,231 87 139 89 3,105 3,527 6,030 3,602 9,469 585 3,265 11,371 2,126 15,416 3,602 9,469 585 3,265 11,371 2,126 15.416 2.552 1.301 88 2,552 1,301 88 1,555 144 1S

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 Subscriptions to periodicals Equiptnent, repairs, expenses and maintenan Licenc&s & P8rmits Offic8rs expen58S Oth8r legal and professional Bank charges Loan interest Computer licences and expenses Sundry expenses Church weekend away The North Western Baptist ASSC￿lation Gtsvernance Costs (Note 5.21 265 962 265 962 749 714 594 594 343 31 2,506 70 62 851 851 54 100 730 100 730 23,165 1.860 25,025 25,944 41,254 54,423 95,677 64,584 The restricted expenditure for the current year is.. Young Church £880 Gifts £5.250 Church weekend away £100 All prior period expenditure was unrestricted. GOVERNANCE COSTS Direct Costs Other Costs Support Co$t$ 2024 2023 Independent exgmingr's fe9S Truste8 remuneration Truste8s d8fin8d benefit P8nsion sts 1,860 1,860 21,146 2,019 1,800 21,517 2,627 21,146 2.019 23.165 1,860 25,025 25,944 SUPPORT COSTS Charitable Govèrnancè Activities Cosis 2024 2023 Support S2,563 1.860 54.423 33,712 ANALYSIS OF SUPPORT COSTS 2024 2023 Support 54,423 33.712 NET INCOME 2024 2023 Net Income is stated after chargingllcreditingl: Independent Examinerfs remuneration.. independent examin8tK)n services 1,860 1,800 16

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 INVESTMENT AND OTHER INCOME 2024 2023 Church lettings- full rat8 Sundry incotne Friday Friends group Photocopier income Transfer from previous entity Bank interest Other interest 15,627 10,886 2,110 475 206 446,141 1,565 34 226 3,402 435 20,174 461.417 INTEREST PAYABLE ANO SIMILAR CHARGES 2024 2023 On bank loans and overdrafts 10. EMPLOYEES AND REMUNEFiATION Number of employees The average number of persons employed lincluding trustees) during the financial year was as follows.. 2024 Number 2023 Nurnber Adrninistr8tion Cleaner Clergy The staff costs linclusive of trustees, salaries) comprise.. 2024 2023 Wages and salaries Pension costs 34,217 2,019 29,141 2,627 36,236 31,768 No employees received emoluments lexcluding pension costs) in excess of £60,000 per annum. 11. TANGIBLE FIXED ASSETS Land and buildings f￿ehOld Total Cost At 31 August 2024 320,000 320.000 N8t book value Al 31 August 2024 320,000 320,000 At 31 August 2023 320,000 320,000 17

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 12. DEBTORS 2024 2023 Trad8 debtors oth8r debtois Taxation and Social s8CUrity Costs (Not8 141 Prepayments and accrued income 610 100 71 11,985 1,761 12,445 1,939 14,994 13,917 13. CREDITORS Amounts falllng du• wlthln on& yaar 2024 2023 Trade creditors Taxation and social security costs (Note 141 Other creditors Accruals and deferred income.. Pension accrual other accruals 510 108 20 495 943 10 18 2,222 30 3.249 2,878 4,727 14. TAXATION AND SOCIAL SECURITY 2024 2023 Debtors.. Inwme tax 12,445 11,985 Creditor5= PAYE I NI 108 943 15. PENSION COMMITMENTS The charity operates a defined contribution pension scheme operated by the Baptist Uni(>n lor its Ministers. The assets of the scheme are held separately from those of the charity in an independently administered fund. Pension costs amounted to £2,01912023- £2,627). The Church contributed tts the defined benefit pension scheme operated by the Baptist Union for several of its previous Ministers. In recent years, the BU Pension Trustee increased the level of contribution to include an element tr) meet the pension scheme deficit in respect of past service ol current and retired Ministers. In 2021, The BU approved a "Family solution. whereby it has contributed £33m to the pension scherne. This reduced the overall obligation lor employer churches and has shortened the period over which additional contributions have to be paid from 2039 back to 2029. A subsequent ValUat￿n ol the fund in 2022 saw ihe deficit fall to £nil and therefore no potential liability for the Church. The additional monthly contribution is now £1. In February 2024 a buy-out was agreed with Just Group, effective from 31 March 2024. 16. RESERVES 2024 2023 At th8 beginning of th8 y88r Surplus for th8 financial y88r 448,957 4.509 448,957 At the ènd of the ye8r 453.466 448,957 18

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 17. FUNDS 17.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrèstrietèd Rèstrietèd Funds Funds Total Funds At 27 March 2022 Movement during the financial year 447,482 1,475 448,957 At 31 August 2023 Movement during the financial year 447,482 4,199 1,475 310 448,957 4,509 At 31 Augusl 2024 451,681 1,785 453,466 17.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 September 2023 Income Expenditure Transfers between funds Balance 31 August 2024 Restricted funds Hardship Fund Impact Weekend Fund Leaving Gift Fund 1,275 200 300 175 5.100 150 980 5,100 1.425 360 965 1,475 5.575 6,230 965 1,785 Unrestricted funds Strategic Reserve Fund UnrestriGted Gener81 45,000 402,482 5,000 15,9651 50,000 401,681 94,611 89,447 447.482 94,611 189,4471 19651 451,681 Total funds 448,957 100.186 95,677 453,466 Unrastrictad Funds Un￿StrICted Revenue Funds These funds are held for the meeting the objectives ol the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use. Designated Revenue Funds Strategic Reserve Fund. Reserves are held to ensure that the church could manage a significant downtum in either rentals receipts or membership giving. Reserves have been set aside to cover around 50 lo of budgeted expenditure over a year Irounded down where activities could be postponed). This is reassessed annually by the Trustees and approval is sought from the members when a new budget is presented. For the financial year 202212023 the reserves were set at a level of £45,000,. for the financial year 202312024 the rese￿e9 were £50,000. Restricted Funds Hardship Fund The purpose of the Hardship Fund is to allow for financial help to be given to those in urgent need. This can be to members of the church and congregation, L>r members of the public who ask for assistance. It is usually given as 8 response to a p8Storal need. which may be identified to andlor by the minister or a trustee. Impact Weekend Fund Funds to be spent on the Impact Weekend Leaving Gift Fund £5,100 was collected from the congregation as a leaving gift for the retiring Revd R Parkinson. 19

continued Didsbury Baptist Church NOTES TO THE FINANCIAL STATEMENTS for the fin8ncial year ended 31 August 2024 17.3 ANALYSIS OF NET ASSETS BY FUND Fixèd assats - charity use Currènt assets Currènt Total R85trict8d trust funds 1,785 1,785 un￿strICted designated funds un￿strICted general funds 50,000 84,559 50,000 401.681 320,000 12,8781 320,000 134,559 12.8781 451.681 320,000 136,344 12.8781 453,466 18. TRUSTEES. REMUNERATION 2024 2023 Remuneration including pension contributions 23,165 24,144 In accordance with the Constitution, Minister or Ministers appointed by the Church are Charity Trustees they will be entitled to be paid an agreed and reasonable remuneration or stipend out of the funds of the Church provided that a rn8jority of the Charity Trustees at 8ny given time do not benefit under this provision. In addition to the rninister's stipend. the payments made to other Trustees were for the reimbursement of exp&nses18wfully inCLJrr8d on b8half of the ¢hur¢h. 19. POST-BALANCE SHEET EVENTS Th&r8 have been no significant 8V8nts 8ff8Cting th8 Charity sinc8 th& fin8nci81 ye8r-end. 20. ULTIMATE CONTROLLING PARTY The charity is under the control of its legal members. 11 the Church is wound up, the members of the Church have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. 20