**Charity number: 1199302** ## **WYMONDHAM BAPTIST CHURCH** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2025** ## **WYMONDHAM BAPTIST CHURCH** ## **CONTENTS** ||Page| |---|---| |**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1| |**Trustees' Report**|2 - 5| |**Independent Examiner's Report**|6| |**Statement of Financial Activities**|7| |**Balance Sheet**|8| |**Notes to the Financial Statements**|9 - 22| ## **WYMONDHAM BAPTIST CHURCH** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025** |**Trustees**|P J D Smith, Chair| |---|---| ||V Cooke| ||K A Hilton| ||J J Hunt (appointed 6 April 2025)| ||K Kinsey (appointed 26 April 2026)| ||M Mutokonya| ||J P O'Dell| ||G M Price BA| |**Charity registered**
**number**
1199302
**Principal office**
Wymondham Baptist Church
Queen Street
Wymondham
NR18 0AY
**Accountants**
BW Audit Ltd
Chartered Accountants
Berry & Warren
54 Thorpe Road
Norwich
NR1 1RY|| Page 1 **WYMONDHAM BAPTIST CHURCH** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025** The Trustees present their annual report together with the financial statements of the charity for the year 1 January 2025 to 31 December 2025. ## **Objectives and activities** ## **a. Policies and objectives** The purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination. Our vision is 'to be an authentic church with a place for everyone'. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **b. Strategies for achieving objectives** The Trustees of Wymondham Baptist Church meet each month except in August and December and are responsible for the pastoral, evangelistic, social and ecumenical mission of the church. The Trustees are also responsible for the maintenance of the church in Queen Street, Wymondham, the extension project in Queen Street and the manse in Folly Road, Wymondham. Each member of the Leadership Team takes responsibility for an area of the work of the church. Many of the church activities were put on hold in the summer of 2025 as the extension project commenced on site. The extension is a multi-purpose building that will enable the church fellowship to enhance the services we offer to the local community. Time has also been spent in assessing the other maintenance work needed to upgrade the facilities that we can offer for the work of the church and to the local community. ## **c. Activities undertaken to achieve objectives** The Trustees have due regard to the Charity Commission guidance on public benefit and they are committed to enabling as many people as possible to be part of the worshipping community. Until August 2025 all services were live streamed and recordings placed on our website. When building work began in the summer of 2025 we continued to worship in the Queen Street premises, however we are currently reviewing the best platform to use to offer live streaming of the services. We continue to record the weekly sermon and this is posted on the church website. The local church leaders meet regularly to share and support one another and Wymondham Baptist Church is part of this group. In order to offer support to the fellowship and the community we offered a six week ‘Life and Death’ course at the beginning of 2025. As a fellowship we shared in the nationwide Gather 25 prayer gathering. Opportunities have been regularly offered to engage in corporate prayer. The Leadership Team have spent time together offsite considering future activities and how the church vision can be developed. Page 2 ## **WYMONDHAM BAPTIST CHURCH** **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025** ## **Objectives and activities (continued)** ## **d. Main activities undertaken to further the charity's purposes for the public benefit** We are a welcoming church seeking to show Jesus and his love in all we do. We have continued to hold our Sunday morning services throughout the year even though a large area of the premises has not been available to us since the building work commenced. The children and young people continue to meet together on a Sunday morning and a creche is provided. The Friday Night Youth Group has also continued to meet. We celebrate communion on the first Sunday of the month and also take communion to those who are housebound. Before the building work began, we were able to hold Café Church on two occasions. Our services are always open to everyone, the rear entrance to the church has been re-opened and a ramp provided for disabled access. We have tithed all our fellowship giving and this has been given to Baptist Missionary Society, Good News Evangelical Mission, the Falconer Trust and Besom – a local charity. We now offer 6 homegroups where the fellowship can share together as they study God’s word. The group leaders meet regularly to review and share the progress of their group. Until the building work began we ran our community café each Wednesday and Friday as well as a youth café on a Tuesday afternoon. Rosedale Bereavement follow on group met monthly during the café opening time as did a local book group. The local Menscraft Group also used the main church hall each Thursday afternoon. Our warm space (Home from Home) met each week until the end of May 2025 and were able to re-open in November. The Trussell Trust Foodbank have continued to use the premises each week and the church has now refurbished a designated space for their storage and use both now and in the future. During the year our ECO group held a plant sale and continued to offer a Uniform Bank until the building work commenced. The group also prepared and sold an ECO calendar for 2026 and shared our concern for caring for our environment. Early in the year our pastor was diagnosed with a brain tumour and plans for his sabbatical had to be put on hold. Special times of prayer were held and although he is still on medication he has returned to work full time. A new group was started early in 2025 – ‘Singing for Fun’ – giving an opportunity to anyone to share a fun time together, singing – not professionally but just for fun. On average 12/15 people come along each month and value the fun time singing together. ## **Achievements and performance** ## **a. Main achievements of the charity** Our primary purpose is to teach people about Jesus, his life, death and resurrection and to this end our minister prepares a preaching programme following different areas of Bible study. During the time of our pastor’s sick leave a member of the leadership team took the responsibility for inviting guest speakers and sometimes covering the preaching herself. During the course of the year one member died, three members withdrew their membership and eight new members have been added. The church currently has 61 members. We continued our fund raising during the year, both externally and internally and the budget for the building project was met and the architect was instructed to seek tenders from local builders. After careful consideration the Leadership Team and the church membership agreed the appointment of a builder and the project commenced in the summer with a completion date of March 2026. During the year consideration was given to the church IT systems and it was agreed to appoint a local provider to install, manage and maintain these systems. This work is now complete. Page 3 ## **WYMONDHAM BAPTIST CHURCH** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025** ## **Achievements and performance (continued)** Members of the fellowship continued to support Samaritans Purse Shoebox appeal. As an outreach to the men of the fellowship and the local community a Men’s Curry Night was arranged in November and this was well attended and is to be repeated in 2026. The annual Carol Service was held on a Saturday afternoon rather than on a Sunday just prior to Christmas and this proved to be very popular with lots of visitors from the local community attending and will be repeated in 2026. ## **Financial review** ## **a. Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. ## **b. Reserves policy** At 31 December 2025, the charity held total funds of £3,211,721 _(2024 - £3,031,189)_ of which £2,893,975 _(2024 - £2,944,022)_ was unrestricted. Free reserves (including designated funds) at 31 December 2025 are £41,931 _(2024 - £29,300)_ . ## **Structure, governance and management** ## **a. Constitution** Wymondham Baptist Church is a registered charity, number 1199302, and is constituted under a Trust deed. ## **b. Methods of appointment or election of Trustees** The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Page 4 WYMONDHAM BAPTIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2026 Statemént of Trustees, responslbilltles The Truste@$ are responsibl& for preparing the Tru$lees' Report and the financial statements in accordance wf(h applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally A¢c8pled Accounting Praelieel. Th8 law applicable lo chariti&s in England & Wales requires the Tr￿sleeS lo prepare financial statements for e8ch financial year which give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources, including ils income and expenditure, for that period. In preparing these financial statements. the Trustees are required to.. select suilable accounting policies and then apply them consistently., observe the methods and principles of thè Charities SORP IFRS 1021., make judgments and accounting 8$1imales that are reasonable and prudent., state whether applicable UK Accounting Standards IFRS 102) hav8 be8n followed, subject lo any material departures disclosed and explained in thé linancial slatemenls.. prepare the financial statements on the going concern basis unless it is inappropriate lo presume that the charity will continue in business. The Trusleeg are responsible foT keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and disclose with reasonable accuracy al any limo the financial position of the charity and enable them lo ensure that the financial slalemenls comply wth the Charities Act 2011, the Charity (Accounts and Reports) Regulation5 2LK)8 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hen￿ for taking reasonable steps for thè prevention and deleciion of fral￿ and other irregularities. Approved by order of the m8mbers of the board of Truslees and signed on thèlr behalf by: PJDSmlth Date: 19 15/IL Page 5 ## **WYMONDHAM BAPTIST CHURCH** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025** ## **Independent Examiner's Report to the Trustees of Wymondham Baptist Church ('the charity')** I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2025. ## **Responsibilities and Basis of Report** As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner's Statement** Since the charity'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 Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts 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 accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. 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 accounts to be reached. This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report. Signed: Dated: 5 June 2026 Joanne Fox BA FCA ## **BW Audit Ltd** Chartered Accountants Norwich Page 6 ## **WYMONDHAM BAPTIST CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025** |**Note**
**Income from:**
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
**Total income**
**Expenditure on:**
Charitable activities
7
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Unrestricted**
**funds**
**2025**
**£**
**111,551**
**18,105**
**1,975**
**1,819**
**133,450**
**183,497**
**183,497**
**(50,047)**
**2,944,022**
**(50,047)**
**2,893,975**|**Restricted**
**funds**
**2025**
**£**
**235,593**
**503**
**-**
**-**
**236,096**
**5,517**
**5,517**
**230,579**
**87,167**
**230,579**
**317,746**|**Total**
**funds**
**2025**
**£**
**347,144**
**18,608**
**1,975**
**1,819**
**369,546**
**189,014**
**189,014**
**180,532**
**3,031,189**
**180,532**
**3,211,721**|_Total_
_funds_
_2024_
_£_
_156,777_
_31,314_
_976_
_3,047_| |---|---|---|---|---| |||||_192,114_| |||||_189,309_| |||||_189,309_| |||||_2,805_| |||||_3,028,384_
_2,805_| |||||_3,031,189_| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 to 22 form part of these financial statements. Page 7 WYMONDHAM BAPTIST CHURCH BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 Nots Fixed assets Tangible assets 11 2.986,866 2.938,680 2,986.886 2,938.680 Current a$$gts Investments Cash at bank and in hand 12 82,401 145,094 24,256 71.255 227,495 95,511 Current Slabllltles Credilor5-. amounts falling due within one year 13 12,6401 (3,002) Net current assets 224,855 92,509 Total assetslgss current Ilabilitiès 3,211,721 3,031. 189 Total net assets 3,211,721 3,031. 189 Charlty funds Restricted funds unrestrict￿ funds 14 14 317.746 2.893.976 87,167 2,944,022 Total funds 3,211,721 3,031, 189 The financial stslemenls were approved and aulhorised for issue by the Trustees and signed on their behalf by.. PJDSmlth Dale.. 19 /5/IL The notes on pages 9 to 22 form part of these financial slalements. Page 8 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **1. General information** Wymondham Baptist Church is a charitable incorporated organisation (CIO), registered on 14 June 2022 under charity number 1199302. The principal office address is Wymondham Baptist Church, Queen Street, Wymondham NR18 0AY. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Wymondham Baptist Church meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **2.2 Income** All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 9 ## **WYMONDHAM BAPTIST CHURCH** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **2. Accounting policies (continued)** ## **2.3 Expenditure** Expenditure is recognised on an accruals basis once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **2.4 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## **2.5 Tangible fixed assets and depreciation** Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Assets in the course of construction are included at costs incurred to date. Depreciation on these assets is not charged until they are brought into use. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following bases: - Freehold property 2% straight line - Fixtures and fittings 10 year straight line Page 10 ## **WYMONDHAM BAPTIST CHURCH** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **2. Accounting policies (continued)** ## **2.6 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **2.7 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost. ## **2.8 Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. ## **2.9 Pensions** The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. ## **2.10 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 11 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **3. Income from donations and legacies** |Donations
Grants
Donations
Grants
**Income from charitable activities**
Church Activities
Church Activities|**Unrestricted**
**funds**
**2025**
**£**
107,551
4,000
111,551
_Unrestricted_
_funds_
_2024_
_£_
_79,008_
_5,396_
_84,404_
**Unrestricted**
**funds**
**2025**
**£**
18,105
_Unrestricted_
_funds_
_2024_
_£_
_31,226_|**Restricted**
**funds**
**2025**
**£**
54,846
180,747
235,593
_Restricted_
_funds_
_2024_
_£_
_27,985_
_44,388_
_72,373_
**Restricted**
**funds**
**2025**
**£**
503
_Restricted_
_funds_
_2024_
_£_
_88_|**Total**
**funds**
**2025**
**£**
**162,397**
**184,747**| |---|---|---|---| ||||**347,144**| ||||_Total_
_funds_
_2024_
_£_
_106,993_
_49,784_| ||||_156,777_| ||||**Total**
**funds**
**2025**
**£**
**18,608**| ||||_Total_
_funds_
_2024_
_£_
_31,314_| ## **4. Income from charitable activities** Page 12 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **5. Investment income** |Interest received
Interest received|**Unrestricted**
**funds**
**2025**
**£**
1,975
_Unrestricted_
_funds_
_2024_
_£_
_976_|**Total**
**funds**
**2025**
**£**
**1,975**| |---|---|---| |||_Total_
_funds_
_2024_
_£_
_976_| ## **6. Other incoming resources** |Lettings income
Insurance claim
Lettings income
Insurance claim|**Unrestricted**
**funds**
**2025**
**£**
845
974
1,819
_Unrestricted_
_funds_
_2024_
_£_
_1,440_
_1,607_
_3,047_|**Total**
**funds**
**2025**
**£**
**845**
**974**| |---|---|---| |||**1,819**| |||_Total_
_funds_
_2024_
_£_
_1,440_
_1,607_| |||_3,047_| Page 13 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **7. Analysis of expenditure by activities** |Church Activities
Church Activities
**Analysis of direct costs**
Staff costs
Church premises costs
Manse costs
Outreach programmes
Roots
Building project
Other
Depreciation|**Activities**
**undertaken**
**directly**
**2025**
**£**
179,032
_Activities_
_undertaken_
_directly_
_2024_
_£_
_181,696_|**Support**
**costs**
**2025**
**£**
9,982
_Support_
_costs_
_2024_
_£_
_7,613_
**Church**
**Activities**
**2025**
**£**
46,569
34,643
5,101
10,262
13,931
2,517
3,331
62,678
179,032|**Total**
**funds**
**2025**
**£**
**189,014**| |---|---|---|---| ||||_Total_
_funds_
_2024_
_£_
_189,309_| ||||**Total**
**funds**
**2025**
**£**
**46,569**
**34,643**
**5,101**
**10,262**
**13,931**
**2,517**
**3,331**
**62,678**| ||||**179,032**| Page 14 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **7. Analysis of expenditure by activities (continued)** ## **Analysis of direct costs (continued)** |Staff costs
Church premises costs
Manse costs
Outreach programmes
Roots
Building project
Other
Depreciation|_Church_
_Activities_
_2024_
_£_
_45,013_
_26,375_
_8,694_
_9,850_
_24,225_
_1,714_
_3,147_
_62,678_
_181,696_|_Total_
_funds_
_2024_
_£_
_45,013_
_26,375_
_8,694_
_9,850_
_24,225_
_1,714_
_3,147_
_62,678_| |---|---|---| |||_181,696_| ## **Analysis of support costs** |Printing and stationery
Website and communication
Subscriptions
Licence fees
Bank charges
Accountancy and payroll fees
Sundry|**Church**
**Activities**
**2025**
**£**
1,497
3,571
739
815
415
2,473
472
9,982|**Total**
**funds**
**2025**
**£**
**1,497**
**3,571**
**739**
**815**
**415**
**2,473**
**472**| |---|---|---| |||**9,982**| Page 15 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **7. Analysis of expenditure by activities (continued)** ## **Analysis of support costs (continued)** |Printing and stationery
Website and communication
Subscriptions
Licence fees
Bank charges
Accountancy and payroll fees
Sundry
**8.**
**Independent examiner's remuneration**
Fees payable to the charity's independent examiner for the independent
examination of the charity's annual accounts
Fees payable to the charity's independent examiner in respect of:
All other services not included above|_Church_
_Activities_
_2024_
_£_
_1,532_
_943_
_558_
_933_
_305_
_1,788_
_1,554_
_7,613_
**2025**
**£**
**1,512**
**600**|_Total_
_funds_
_2024_
_£_
_1,532_
_943_
_558_
_933_
_305_
_1,788_
_1,554_| |---|---|---| |||_7,613_| |||_2024_
_£_
_1,440_
_-_| ## **9. Staff costs** |Wages and salaries
Contribution to defined contribution pension schemes|**2025**
**£**
**42,194**
**4,375**
**46,569**|_2024_
_£_
_40,857_
_4,156_| |---|---|---| |||| |||_45,013_| Page 16 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **9. Staff costs (continued)** The average number of persons employed by the charity during the year was as follows: ||**2025**|_2024_| |---|---|---| ||**No.**|_No._| |Employees|**2**|_2_| No employee received remuneration amounting to more than £60,000 in either year. The key management personnel of the charity are the Trustees and the leadership team. The pay and benefits (including employer pension contributions) of the key management personnel during the year were £46,569 _(2024 - £45,013)_ . ## **10. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits _(2024 - £NIL)_ . During the year ended 31 December 2025, no Trustee expenses have been incurred _(2024 - £NIL)_ . Page 17 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **11. Tangible fixed assets** |**Cost or valuation**
At 1 January 2025
Additions
At 31 December 2025
**Depreciation**
At 1 January 2025
Charge for the year
At 31 December 2025
**Net book value**
At 31 December 2025
_At 31 December 2024_|**Freehold**
**property**
**Asset under**
**construction**
**£**
**£**
**3,052,755**
**23,958**
**-**
**110,864**
**3,052,755**
**134,822**
**152,638**
**-**
**61,055**
**-**
**213,693**
**-**
**2,839,062**
**134,822**
_2,900,117_
_23,958_|**Fixtures and**
**fittings**
**£**
**16,228**
**-**
**16,228**
**1,623**
**1,623**
**3,246**
**12,982**
_14,605_|**Total**
**£**
**3,092,941**
**110,864**| |---|---|---|---| ||||**3,203,805**| ||||**154,261**
**62,678**| ||||**216,939**| ||||**2,986,866**| ||||_2,938,680_| ## **12. Current asset investments** |3 month notice account
**13.**
**Creditors: Amounts falling due within one year**
Accruals and deferred income|**2025**
**£**
**82,401**
**2025**
**£**
**2,640**|_2024_
_£_
_24,256_
_2024_
_£_
_3,002_| |---|---|---| Page 18 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **14. Statement of funds** ## **Statement of funds - current year** |**Balance at 1**
**January**
**2025**
**£**
**Unrestricted funds**
**Designated funds**
Maintenance reserve
**3,000**
Electricity reserve
**2,560**
Reserve fund
**13,700**
Roots Community Cafe
**13,799**
Kitchen fund
**150**
Fellowship fund
**124**
Reserve fund 2
**-**
**33,333**
**General funds**
General Funds
**2,910,689**
**Total Unrestricted funds**
**2,944,022**
**Restricted funds**
Eco Church
**67**
Alpha
**245**
Building fund
**83,697**
Home from home
**1,158**
NCF Surviving Winter
**2,000**
Building maintenance fund
**-**
**87,167**
**Total of funds**
**3,031,189**|**Income**
**£**
**-**
**-**
**-**
**18,597**
**-**
**-**
**20,973**
**39,570**
**93,880**
**133,450**
**503**
**-**
**196,538**
**-**
**-**
**39,055**
**236,096**
**369,546**|**Expenditure**
**£**
**-**
**(12,166)**
**-**
**(13,931)**
**-**
**-**
**-**
**(26,097)**
**(157,400)**
**(183,497)**
**(195)**
**-**
**-**
**(805)**
**(2,000)**
**(2,517)**
**(5,517)**
**(189,014)**|**Transfers**
**in/out**
**£**
**(3,000)**
**10,000**
**1,800**
**(10,000)**
**-**
**-**
**-**
**(1,200)**
**1,200**
**-**
**-**
**-**
**(25,000)**
**-**
**-**
**25,000**
**-**
**-**|**Balance at**
**31**
**December**
**2025**
**£**
**-**
**394**
**15,500**
**8,465**
**150**
**124**
**20,973**| |---|---|---|---|---| |||||**45,606**| |||||**2,848,369**| |||||**2,893,975**| |||||**375**
**245**
**255,235**
**353**
**-**
**61,538**| |||||**317,746**| |||||**3,211,721**| Page 19 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **14. Statement of funds (continued)** Eco Church - for ECO projects at Wymondham Baptist Church Alpha - to support the delivery of Alpha courses Building fund - for the building of the extension at Wymondham Baptist Church Home from home - to support our Warm Space NCF Surviving Winter - to support our Warm Space Building maintenance fund - to support general building maintenance around the Church Transfers have been made from unrestricted for income that has been designated. A further £25,000 has been transferred from the building fund to the building maintenance fund. This was agreed by the Trustees and church members who had provided this funding. Page 20 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **14. Statement of funds (continued)** ## **Statement of funds - prior year** |**Unrestricted funds**
**Designated funds**
Maintenance reserve
Electricity reserve
Reserve fund
Roots Community Cafe
Kitchen fund
Fellowship fund
**General funds**
General Funds
**Total Unrestricted funds**
**Restricted funds**
Eco Church
Alpha
Building fund
Home from home
NCF Surviving Winter
Building maintenance fund
**Total of funds**|_Balance at_
_1 January_
_2024_
_£_
_-_
_-_
_12,500_
_14,915_
_357_
_124_
_27,896_
_2,982,011_
_3,009,907_
_517_
_245_
_17,294_
_421_
_-_
_-_
_18,477_
_3,028,384_|_Income_
_£_
_-_
_-_
_-_
_31,782_
_215_
_-_
_31,997_
_87,656_
_119,653_
_88_
_-_
_68,118_
_5_
_3,500_
_750_
_72,461_
_192,114_|_Expenditure_
_£_
_-_
_(1,060)_
_-_
_(24,375)_
_(1,345)_
_-_
_(26,780)_
_(158,758)_
_(185,538)_
_(538)_
_-_
_(1,715)_
_(518)_
_(250)_
_(750)_
_(3,771)_
_(189,309)_|_Transfers_
_in/out_
_£_
_3,000_
_3,620_
_1,200_
_(8,523)_
_923_
_-_
_220_
_(220)_
_-_
_-_
_-_
_-_
_1,250_
_(1,250)_
_-_
_-_
_-_|_Balance at_
_31_
_December_
_2024_
_£_
_3,000_
_2,560_
_13,700_
_13,799_
_150_
_124_| |---|---|---|---|---|---| ||||||_33,333_| ||||||_2,910,689_| ||||||_2,944,022_| ||||||_67_
_245_
_83,697_
_1,158_
_2,000_
_-_| ||||||_87,167_| ||||||_3,031,189_| Page 21 ## **WYMONDHAM BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025** ## **15. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Unrestricted**
**funds**
**2025**
**£**
2,852,044
44,571
(2,640)
2,893,975|**Restricted**
**funds**
**2025**
**£**
134,822
182,924
-
317,746|**Total**
**funds**
**2025**
**£**
**2,986,866**
**227,495**
**(2,640)**
**3,211,721**| |---|---|---|---| ## **Analysis of net assets between funds - prior year** |Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Unrestricted_
_funds_
_2024_
_£_
_2,914,722_
_32,302_
_(3,002)_
_2,944,022_|_Restricted_
_funds_
_2024_
_£_
_23,958_
_63,209_
_-_
_87,167_|_Total_
_funds_
_2024_
_£_
_2,938,680_
_95,511_
_(3,002)_
_3,031,189_| |---|---|---|---| ## **16. Pension commitments** The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund. £Nil _(2024 - £Nil)_ was payable to the fund at the balance sheet date. ## **17. Related party transactions** During the year a Trustee and his wife received remuneration for their roles. Remuneration including employers pension contributions for the year totalled £46,569 _(2024 - £45,013)_ . The authority for the remuneration of trustees can be found in the Constitution of the charity. Page 22