Chvlty nurnb•r: 1200661 FARNHAM BAPTIST CHURCH UNAUDrrED TRUSTEEV REPORT FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEIIBER 2024
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REFERENCE AND ADhllNISTrATIVE DEfAiS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Tnr4t¢ Rev Jowh Posnw. IAknI Pa BLYch. Deacon lasa¢ Lamb. Deacon {regled 23 W 2024} Gavin Verss, Dewi An S¢cd( DgacJn (reslwoLI 23 20241 Neu GranL Deacon Luw Bymardo, Dexon Ire$1 TJ April 20241 Ewne Wrigm. Deacoi Dent88 NeTnan. Do8n (res rJ w 214> Jonalhan FknJh8s. Oex Dr PNllp Bamardo. I)e(M (al¥1 23 WI 2024) arlty regl•t•r•d nnr 1201A61 Church addrF The Hart Famham Surnoy GU97HA Way W88t Unkn Ro*J Fwnhwn Surr¢y GU9 7PT GrouThJ Ro Impernl Hoe Kings Rr ScKAhamp so15T 8¥ptst Uniun cw?1 Lwnknd B406t Huu5e PO Box 44 129 Broaty Didcot OX118RT Pago 1
FOR THE YEAR EIKIED 31 DEC¢ 2W24 Famljam Wtist ChJrth ftho ChariV or Ihè ¢lwrthn wa& registered tllh tho cfrfty Comm81)n as an Ino)rpDfat8d tharitablo 0ry4nisal)n (CIO) registrattin number 120C661. 13 October 2022 dtd nol bwmB fvlly opor8bLThI unlll tho ag80ts. Il•bllW and acyth al F4nthwn BW unln¢uprya tharity (rogi8lration number 1126264> we transfmd (m 1 Janu•y 20Z4. Th& TNst80s pr8S8nt th8r first anrAMI report as a Charit18 Organlsatlon IC50} log•ther tho financiol slat•m8nts cl Farrtham Baptisl Churth br tho yoar aThJ1 31 2024. The Trth&S confirm ttwt thg Amnua Report and firbanrad statements of Ih Chty ¢omply the wrrgntstattrtory rewlrements of Iho chDrWs gjvomlng dcrf#JThnt and the ol th8 Slatsmgnt of Re0Thdad Prndlce ISORPI W15. Polclu and 47bJ•¢ll¥ Thè prfndpal purpose afthe lty 18 the advancrnrt dthe (awi&ll accor¢Ang to tho of the Urltod Kiwd¢m pats ol wkl. Tho thurth had a P$110 8orvKA •vw SuTrJay firr¥a and a Sunday 6v8nkng $8r¥l. Th• thuych slso rnn ¥aMus gro5 and courses dwirq the ¥mk lo h lThlMduals and grcws of [¥$u31$ urtderstaThJ the realty of belw a chri. and fecdve er¥>Juw•rMIl kn l1vw th• chrlIan If•. Tru$l Acthvllkns lor a¢hl•vin4 oblrfd¥ Each gro h4$11s tywn •llles that ar¢ rda¥t0 thè obJ•dk and th• ley108 tsfthè church. Tha Ctrorfty Is In¥nea8wat4y grntolul rOgT of ytte *lKJ arn Involved In all Woas of the Chwity's •thitie$. It Is Mt poGslt40 to acxuratoty eslirn•ts Iho houfs prthjed durfng th¢ year. H¢M0r. the accounts attathed knk 8ignffi¢anty diffeml rf the voluntegrs bo8n Pold empby888. Thoir tmna is glw freèli a1 and I1 appe¥ h •ryllMrKlal ac£ourts prJU¢ed by Fwnham Baptist Church. Publ1¢ b•n•fit In pl8Ming Its 8dTrAl85. Ihe Tnth reffilarfy roBi¢er tr Ch¥ly Comrwlon's guidarte on p1 b&n• and, In partI[ar. th8 sp8afic guN4•xe dwlb68 for the of Telig¥>n wtliBlJod by Th8 8qptsst Unh)n of Great 8r6ts1n. Page 2
FARMHAII 8APTI8T CHURCH TRUSTEES. REPORT (GOKTINUEDI FOR THE YEAA ENDED 310ECEMBER 2024 . Rgvl•w ol •¢fjvlll•s Th• Ch8rlty Trust88s r•Aaw th• tholthè Clwrch at theirnThty rneotiThJs. Each wwjl¥•JU group wlthln th• clr¢h provldes anal reportfor aPFrfoval at tho CFwxch K4eoUrpJ aclNlfje$ Indude.. BAos and Toddler8 {once a Eekl: Frlday group {for alts ysICal anOr l•aming difiujltios)" rnontNy FrISP LU (for th08e aged oveT 60). SIKJPPern' tshe. and. UrSeS whlch Introduce and allow explorats" ol th8 Chrlsw fafth. A numt¢r ol church nnb 8r& Also Invofved wlth A local chr•1 or1$bon, Fwnham AS515T. ttl¢h Off a wide rar9e crf practirAI aryj ¥piritual halp to th8 eliJ&rly ccvnmurity in Ihe tcvrt Addiionaly. h8vg bpen wilh kxal FIXbank wovldlng arrrgen supplies of to thoae in partkllar need. Mklstefs members are also Involvèd, both Ind?d¢ntty and other thurcos, in lcd schools. 1hrOu a t¥Jmtfr of kKal organis¥t1$ (Open the Bo¢, spOsts1, sbxlwts frryn ts I¥bY IjnNer4tytrTCr Alts. Tho churth also ntinU95 to suppryt nMsslonarfes- (me kn Baptist Ministy a1 Bible translation aCti?ty In Aa p¢tson i¥ in Afrk¥. In ad¢llksn. the 4yJntrlbthed k) the work of Baptst H¢rn MissiM. Boplist Ml¥ionary Sc¢i8ty. Pavwngnl Proj8cL EurOpn rIStian M¢ssion. Free Bob IrrAggs. FCCT Famham Asslsl. Fast UK Mission Aviation FdlryKhip. aTrJ Home for Good A rw $t0ff •pp)intl was rr nAwt2024 a W(F&s,oyth arxl ChlldM'$W(ffker. Tho pthry WLTce ol lund6 is givlng m$ aTrJ tnts TAthlt. togethor vho) Gfft Ald, acUtel for about 98% gl Incorn•. Thi6 18 trcrfn Flann•J LYl8clcTh at 8wvirs and ottr donation$. A day was ¢dlKl•d wilh th• fiJrts bwg bthow for Good,. a Chrt$lr4 Fostering and Pdloplknn charfty. Al•Uon (14W) o Chii¥fj8n thorlty and fv wortrfs Iwgest humantsrian ar cyerator. c. Fartorn lo •¢hl•v• obJ•cilv•• Th• chjrch. awaro of Ihe difficul eC(•e slate of the rAt•]n irb re¢*nt•S. aW•ct•S gr8aUy lh• nulng gr081ty of Ms mtmbern that IHS BnwrwJ. onco agakn. thattr Ghurd) has been able to balgnco its budgat. Page 3
TRUSTE&Y REPORT {c¢)ImMuEO) FOR THE YEAR ENDED 31 DECER 2024 FlTrwthl rovlow to be ¢onUrxHI for up to Ihree nKth should thgre be 8 slgnfflrant drep In incorne. The ov¢ro1 rinandal position i¥ T•vitr•ffjd al lh6 TnJ6tsos' nxyrthly nngs. At Decwnber 2024 yr ènd, in ditIOn to Ihe unrethcled funds. £75k 1$ hold n resgrve3 to meet uneXpd OXFxlitwe. A fvrfher £2k 1$ hgld lor eanklemon ofCa Buldlry al ICWA. b. Prlnclpal fundlng of fu Is the ol dwdb menkn tAch. t4i•th•r 1h Glft Atd. d for ats)ul ofknrxmw. •. C¢Mlltullon F8mham 851 ¢Ir¢h used a CIO ConsIkn dOc#M proiAdod by BaW818 Togetsr In clUnCtiOn wtth Anth¢)ny Cdlins Wi¢itw. CbLO• options leCted lo Brwr• the firnal th)oJmont roftoctod the uwal pr¥tk¥s arwj F¥Jlici85 #]9 Ttr CIO $11b)ll apwov•d al a Sp¢oal Cr¢h Meellng held Z3 Awjusl 2QZ2, In actud8nc• wh th• guhlefrns tr the fvst yoar as a ao Ch•ity. the TNslees elecknl by tho at its first AnThMI Gonor MootiThJ 23Td Awil 2024 kna twm rA 1. 2 or 3 years. The ot the Charlty ly Iho respon8ibiRty al the Charity TnJ3te88 V•h) arn uThJ•r m)8 01 th? Ch•r#y C(wlibJlion that w85 apwovpd at Spea4 Meeting held M 23 P4Jgwl 2022. Pollcl•s adopt•d forth• Inductlon andtranlnq rfTnMt• Charlty Trust008 ar• encmgod to keep w lo dats tlywgh Iha Irrforn¥lon a¥amab on thg Charlty Commw•rm and Unlon webgi. Swer81 Tnmtses h8¥e 8tt•tMl8d trainlry COUTS88. AthJItn81 Op[n$ for tr8iMg are 9ncoural wvj taken as Ilw arlse. d. Orwkn•tlond #InKr• and d•¢knlM m•klTrg Charfty TTustsos moel re¢wlarly a mtrtyba818 lolherthan kn AW) to revitrw it ofth8 Charlty. The Churth Membars. Meating pa88es ¢Jay to d•/ responsibltty of Ihe runrring of th• Charity to th6 Charfty Tnt8tses. For general dedwon8 8t)ut the of th& Ch¥lty. th8 Chartty TNst8eB Tesearch • gtven s(i)lecl and r0mMend spathc cwrnels) of tY• to thg Mxt Clmffch M&ikn8rs' Mti•tirvJ. For mglN prdeLX8, tho arity Tfustoes also knvitè rth memE•rs to sit lth them 'sub o)mmllaès' to bdng spedffl¢ kTh)%%rfedge and sknll Sets for the 8th1gnc0ml 01th8 coThwrflto&. 'Sth ctt. rokwrt to fvll knrd of thg Charlty TntstS In tum brfr4J mCmeIall03 10 Iho Churth M8mbBr8' MeetiThJ. Th& Churth M6nknT8' Meelkng then sots the pdty ty vollng on the reCCfflrf8}. Churth Members, Kl¢elings arn hald grt¢. Th•r8 Is also th8 facilty to hohj Spea Chwth M•8lwy as and Wh r8quK•J. Pag8 4
TRUSTEES. REPORT IcopifiNW) FOR ThE YEAR ENDED 31 DECEMBER 2•24 R•litod party rnl•tlon•hlp• ISEBA). f. Rlk m•nq•m•nt A R18k ManagThnt do¢xrnl covw¥ ell aYe8s of the Clwws aclbhy Irj19 All thjojments are sthjecl to rggdar revie by a ChaTj5{ Tho Safegu?tdiTrJ Pdicy Slatwnwrt is apwD¥•J r•jaIlY al the Chwch t4Bgtirg tw mernteTS, arKI workors wrthln thurch swoups rngulw trglnlru. Th8 Ch$ SafwJuardiThJ Team continues lo audlt and monkn $8feguarthr¥J FYo¢eduw. Work (tirs to en8iwe i)ynk41 wlth GOPR. rOPrIate insurancA covar and ind8mniti86 to co¥w al wbe$ • h•ld and ¥re r•Ni8w8d and renow annually. Other Inwr8nce pclides or8 In placo to the chur¢h bwlty, main pkgntwd thg dwch manse. RJular rwblknalkfft¥ from the Bap0# Llnth. SEBA 8fKI 4)Ihw wurcas hdp Ihg T88B lo atK88st of 8nges kn and new leg151alkJn relevanl to the Charfty. Paga 5
TRUSTEES. REpoKf ICONTIMUED FOR ThE YEAR E)ED 31 DECEMBER 2024 Thg dmjrch to b• th to c4)nlwiu8 wit4Jing surwt b) 18 tygcing outraach In a¢oYdra the Tho thur¢ aim8 lo cc#thue finamd $VPF#Jl tr tho trissknwy In Asia and WFWt olher b. Golng eonc•rn After rnathg oppromate enquirias. lh• Trustges a reasoTrablo oyy(th thJt the Ch•rAy has adequate r&8ourc¢s to conb'nu8 In operntioml eKL818rKa for the I08S0ol0 fulllrn. For ttw5 msix), Ihey conlinuè io adryt tha going CotM In FryaTry Ihe flnan¢lal s1•tsm Fwtlr dotsds rng3rdh the adopt of the going concm ba816 (an bfr foLmd a(v)unt¥4 policies. ¢. St4t•m•nt oftru•¢w•' r••pon•lblW oyilcabl¥10w aTrJ T•gJlalions. Ch•rlty law Fewim th• Trustw8 io t(Y year. Undor Ihe law1he Tntea8 have ¢lthd to prepare Ihe finand81 slaloments In awrdanc•with Uniw Kkngthjm GTallY Accepted Pradhc (v1¥d Kirydom Acthjning Standards aTrJ app1Ka401). Tha ffinanaal Statémts gre requlred by W to give a ar lairTrrn of Iho Stalo of affairs of Iho Charty of the swtAu5 defidt of tho Charity frKthat pericd. thaso finanrAal slal8m8nt4 Trust8•5 ar8 required to: . 8918¢19ullJle accounliig FeS and apoy conslstwty: ' maksjudgemonts and ¢slwnat•s that r6&sorthl8 and prud . Woparo the st0twnts on th8 concun b•s 709 ills inapFwoplats ts) that Charty Wll o)nlknug In ¢Jperntitin. any thè fmancial F¥)3itiix) ofthe and eftab them lo onsurglhat the finarthl 5tl9n18 (x)ffpfy th# Chwlties Ad 2011. Tlw also rewnsJi8 safeguwdir¥J tho 8888ts of th& thgrity hencè for taking raasonable 81tys for the rrevenffjon d8tsclk oftraud arwj wre9ularSUes. Fwnhwn 84ptist Church uninrlypw8 clwity (1126264) &)sed kn S11)8r 2024. Fwnham BaptJ¥t Clwjrch unin¢orporated and Famham Wdsl CIKwth Ctorwg Chgthlsatkn (120CIS611 ar• on thg Clwty Ctynnwssknn TegiBtw of morg•J chwiiieg. bycfdor ol tm mambws of¥ bowd afTftMls arKI signwj on bthawby.. Elolne Wi Date. a/5 laoas Pw8
INDEPENDEiff EXAMINEIYS REPCI FOR THE YEAR ENDED 310ECEMBER 2024 bdep•nd•nt Examln¢f• R•p¢rt tt• th• TnMt•u of Famhww Bapkntclnrdb llh• Charf I rewl to thg Cl1 Trustees OTr ¥na rl tha a¢aUnty ot the ClwKy br th6 yw •nd•d 31 Décarth 2024. Rosponlblllts• •nd Ba8b• ol R•port As the Trustees of ts Ch aro resporth for Ihe wuparnkn of in ac0)nIae wlth th8 requirefflents d th• Ch8tlti8s A¢1 2011 2011 fvd). I repL¥l In wpe¢t CIKrity$ aoxxmrts led ¥•clon 145 cl the 2011 AEI arnl In carrylng ¢XJt my examination I h8ve fclCrtj tha Dir¢cticTh by Ihe Charfty Ccnrr188lon urvjer soclion 144SXb) of the 2011 Ind•p•nd•nt Examtn•¢s Sl•t•m•nl SI Ihe Charitys £Yos¥ InrAjTr exed £250,000 examiner must bo a member of a W Ilsted In $¢¢tlon 145 ol Ihe 2011 Act. l l èm wafied to th• bAe l am a rn0mLr of ICAEW. is of the Iwted bodio5. Yr altenlion ig dr8Vm to ts fart that th• Charfly has rwred the Kccwts In 1rd8% 1h Ac(UnlInq R•portirKJ by Charties.. Statement of Recom Pr¥cce apF4cle to tharfuas preparlng their a¢thuThts accOrdce wth ts FaNCIal Rep)rfiThJ Standard appliobk• in th• LK and R&pUbl ol Ireland {FRS 1021 In pref¥ence to ts Aixounling and ReF%lYig by CharitM'. stat8nt of RoccTrmended PrnctiCO Iasuad on 1 2005 r•f•rrwJ k in •xknt l understand that this ha8 boon dono In order lortho alwlS io a Iwe and tsir vigw in accordarKe wih th8 Genwalty Nwtad Acc£rtuW Pra¢kn eff•Al¥e for reportln9 FWKJs bewnmw aftgr 1 January 2015. enIna110Tr giviry cause lo beleve thal in materlal T6SF( ¢UntJ rncords V•W8 not In reapert ol ihe Charlty as roqw bysedkn 130 of Ihe 2011 kL' or tho 8rt¢cwnts th) nol wrryly the OFplcatrAe rewitem•nts ¢¢eM9 the lorm and ntent of arcgurts set oul In the Char96 IAcc(wts and RF#xts) R¢gul¥lcrn 2)8 olhr Ihan any requlrement that the 8cccAmts give a and lairf view Ttsh is not • matter cor¢id8r•d a$ port otan independanl mlnelion. attontlon should be drawn In r¢F<I lo enable 4 PTC¥>* ol thè a¢c¥)unts to Page 7
DEPEN1)E1 EXAMIIIEFf8 REPORf (COPrnNUEO} FOR THE YEAR ENDED 31 DECEMBER 2024 Thls w¢41 L% mad¢ tr¥ the TnAl•o8. as a W. in xordanc• Thth Parl 4 of tho Ch¥M•s (A£counls and Repwtsl Ryloljons 2008. Nty haB bgw undertsken $0 stats to Chat1Ws rrustea8 th( matters l am rwjvired fo sl8t8 to in an IndgtwJenl ex•nb)ets and for rKJ other puw. To the fullost oxtont pwmltted by law. I do not acte& or asswrn r8spcrnIty lo anyom ¢Jther th th• Clwrlty and tho Charity'8 Twslees as a botry. for bry lor Ihlg f8FAirL Spjned: m. Mork Dlcknwn FCA I I s ShawGll*•s (Audlll Lh Wgy Court West Unlon Road Famh Suffey GU9 7PT P898 8
STATEMENT QF FINANCIAL ACTIWllES FOR The YEAR EMDED 31 DECEMBER 2024 R•stri¢t•d Unr•slrfcl•d Tolal fvr 2ty24 2024 2Q23 Incorn• from: Donatn3 aTwJ legacies IrbxJrn• fom In4tmaS 48A17 433A02 430.295 710 Total Incom• 41417 440.167 437.005 Expndllur• . Char5tsble athilies 134.774 491,158 448.680 Yotsl •xpendltw• 134.774 3*384 491,158 448.680 mov•m•rt In ld¥ 186.357) 150,2J1) (11,675J Réconclllatlon of furKI¥: To1 fvnds forwwd Nfjt Trnvernenl h knd5 477.717 (86.357) 1J5(201 1,•31,•21 150,291) 1.943.596 (11,6T5) T¢t•l fund• G•nl•d for¥rnrd 391,360 1.W2ni 1.B81.630 1,931,921 Paga 9
BALANCE SHEET AS AT 31 DECEMBER 2 2023 Flx•d ••••t• 11 1,783271 1.880,246 1,78V71 1,880,248 12 13 21,067 137J53 50,970 167.943 Cash at b8rl( and h hand 218,913 Cr•dknrn: fall due 14 (60.MI) (167,238) N•t ¢wr•nt ••• 51.675 1101.630 1,931.921 Nat A•Ml• •xdwdkng pffislon •s#•t 1M1,630 1,931,921 1,881,630 1.931.921 Chirky Imds Restrkted funds ithre8ts1¢led fvnds 15 391Jeo 477,717 DesIad fuThJs Genw4 fvnds 1S 15 78.OCII 1.374204 15 1A90.270 1.454.204 Trf•l fvnd• 1I81.8YJ 1,931.921 ffinda1 Statements wére •wov•d and for is3 by theTnole¢s arml sw tsn thotr bohalf by: Elalno Ivght to: aisjaoas. Tha not•s on paw 11 to 28 f(wm Ptof1&• fknan¢xal Staknl& Pag810
FARNHAII BAPTIST CHURCH NOTES TO THE FINAN¢IAL STATEMEKrs FOR THE YEAR ENDEO 31 DECEMBER 2024 A¢¢ownllng pollGI The fInal81 Statets have been wepared kn tro Charltles SORP (FRS 1021 . AccountKw and Reporting by Charities.. stateftnI ol Reo)mm8ThJed Prnck& appliratlo lo charities proparing their accounts in acf>xdancg with ReIlYd Standard appllcable the UK s1 Republlc ol IrelaThJ (FRS 102) (8ff•i¥o 1 January 20191, thg Flriandal Slanday appllcabl8 In Ihe UK aThJ Rewknk {FRS 102) and th? Chwitigs 2011. The ffinanc¢al stsl8m6nts have be wwared to a'bwo f viaw aThJ have depart&J Irom Iho Charlki6 {Accnts and ftoF8) R&3ulalon8 2C(18 onty lo thg •xtsnt r¢quwed to prowde 8.lruo and Thlg depare has IrNolved trJllonq the Charles SCIIP IFRS 1021 publl$hed In October 2019 r8fvr than tho Unting 8nd Rewting by Chalties: Statement of Ro¢Trnm8ndad Famham B8ptl8t ChLrth the d¢lknWt cl • arty mder FRS 101 Assets and labili# are Inlll8ly rectyra90d at ¢08t LYtrwsa(1kn Vglu? 1$$ Otlwlg¢ ¥laled In the relgvanl 4ccOunry pollcy. 1126264. fkning 2022 a Charitabkn Orwis#lIc {CIO} was up for Fharn B8Ptis1 (urth with a thartty o112(W1. Ckn 1 January 2024 all aGlivtiles. assets and IlablllOe$ were transferred to CIO. Thè hava b•an w•pared reBuIts for the Or ondod 31 December 2024 to Fart7 B4rti8t CIO. Larity 1200661. Tho r•sults for th¢ wor year. tho ended 31 0mber 20Zd rdatt to Fam1M 841st Church. ¢orpWatl. chwity rnmnber 1126264. 1.2 Golng ¢¢•rTh Th& Tru8te6s con8id8r that Ilwe fjrg urKwlalntss Ihe chari6 Jllty b) (xA1nuP as a go¥vJ 1.3 Intom• Donallon$ v••tffl•nt Inc< Inveslmonl lThxme o irKMthd owinL8 in the inTtKkn IL is TrNable. 1A Expgnthtsrn Fund rahlry and pubmclty co•ts The Chur¢h d086 not m lorn #ppods lor fwds. gNJ eXFthdthJrtr 118m& is tt)erefor8 t material. Paga11
MOTES TO FINANCIAL STATElNTs FCX( ThE YFAR ENDED 31 DECEMBER 2tyIA A¢wuntlwJ (cowtlnwd) Exrth)thlurn 18 rnc0g1i on( thwe is a leg81 or ct4baUon to lrnnsfar economlG beneft to a thlrd paty. It is kYobat40 that a tr8n8t¢r of eColt bfi1S qll roquired In s¢lllennt ond thg •nwrt of tho can ts rn8a5urthl reliHbly. ExpeTrJiturg is Gla$8rfied by actlvlty. Thg cosls of gath •Xlvlty are made up of the tolal of dreGI C18 aThJ shared I In¢kMln9 Sufwt ¢¥ts knvolved In èAth acllvty. Dlre¢t rts attrfbutable lo a singl• actvity arn alc1 dwedty to that aell¥ity. Shamd (tsts whkh coritKrt• to mcffe than cfft8 activity d sjppjrt coyts are not ambutabkn to a slnhqg ¥apiity aro aworN¢)Med botwe th acvithes • b88is Consis1 wrth Ihe use of rerrs. Central tylaff Msts arn all0¢ad on tho Yrled vthhcrtrt Ch by volw•¥rs. TFMs cost is Thjl includV th6 Slmont of Flnandal Athltle$ Ihere Is no measwaNe >91 * the for thelr 8or¥l¢o. Grants payab Thoy 8ro accwntod )r kn Ihe yw kn wht¢h they pdd. 1 oXPOtMlt4Jr•18 of Irr•(#Th VAT. 1.5 Tan9lble Ilx•d uso1¥ and The Chwth pr8misog aro in the bBtanee At Vol a5968d Deat9 Ic Insura6 pUr[s baUse rellae cos¢ Infornialion is avalabla, valuab(m would In $lgnWkant costs TM)uld bo Onero cowr•J vilh Ihe additional benofrt gwn•d by lh8 wr of th8 accounts. land fyure is wKhJdwJ as thg v&Je w(j te insifftant to tho Lwldings Insuran ¥akM. Dw(iatJn has not been thed on the ¢#Jr¢h of Manse prem18, b£0 In tha opiraon Qftha Trustees, Il rdud ofthe 888ets18 not tIAn Il oiwJin81 cost p. DeweL¥81¥)n on othBr llyed assd$ 1$ co1lad lo iht¥ <¥t on • strh141ne bos15 over thwr oxp•d wefvl Illa. At tho folItyng rntes: Fr••hokl proFerty FWr89 and fithng8 10% 33% 1.8 D•btors Pag8 12
140TES TO TrIE F114ANCIAL STATEMENTS FOR ThE YEAR ENDED 31 OECEMBER 2024 A¢¢ountlng p•ll¢l•• le1d> 1.7 CMh at b•nk and In h•nd CE43h at bgnk aThl in hand inckk1es cash slKv14emi hlgfty tiqd Investm wlh a short mèbJrity of thrne months or ie55 Ihe d&to of wuLsitiffi or opning of th& depostt or 81m118r ac()>JnL Credttcrfs and FffOVi8bCnS #re rWnls where the cha ha$ 8 ot4lWn resulbng fmm a pagt evenl thai Mll probably rosLI¢ in the Iransler of funds to a thlnl toty Ènd tho arnount dua to settl8 the oblig8ti0rt can mèasur•d or 8SMaL reliabty. CmdiioT3 and provion$ are r#)mialy 1.9 Fln•nclal Inthinnl• The Charty only ha5 f)ancAal assets fr101 labli iiiasof a knnd that qudify as bask financial instrumwts. Bas1¢ In8tnJmthts ¥8 iritialty re(¥JgniwJ at trarffjaclon yo& and equtlY m&wrod al their 8etUeTrwt Yak. 1.10 P•nslon• The Charfty has 8•t up a St8kolK4Jw Penth wi)n pIesl$ th• amounts payabkn by the Clwty lo the frjnd kn reapact dtheJEa. 1.11 Fund a¢¢ountl General fvnds are unreslricied ch ar• availabk for at dis¢mtion of th8 Twst8os In ft¥thorae of 981 of thè CW wllGh have Th)t boen dgslgnatsd f¢¥ oth•r pury)w$. Designated ujnybe eStrial Iw#l$ 1tr0t haNw bgefft 8$1 aslde by Ihe Truste for partiaar pu Th8 aim arml usg ofea¢h hQd IA is s•1 out in the nots8 to fv financlal Restrlctsd luThls arn furth 8rn to be used in (yxdgrte *ith wfic r•strfcknTrs IMpad by donors or have been rnisgd by thè Charty for partPar PWFoses. The cosis of r8i8ing and admlnistsring Slth funds arn Ged against the spaufic fwhJ. Th8 aim And use d each rg8lrictod furMI 15 Sat out In the notos to the finwKial Statgrn. Page 13
NOTES TO ThE FINANCIAL 8TATENENTS FOR THE YEAR ENDED 31 OECEMBER 2•24 Totsl lund• 2024 fund• lund• 2024 Offerings Tax rnfiJnd8 45227 3,19) 3W.801 MI)28 84,184 e7,374 48,417 384,985 433,402 fvnd$ 2023 fvnds 2023 2023 44423 314,726 62,851 360, 149 70,146 Tax re[ts 51718 3n,577 430,290 knv•#t4Mrt kn¢•m• Total nd• 2024 7.465 fvnds 2023 123 710 &710 P898 14
NOTES TO THE F14ANCIAL STATEMENTS FOR ThE YEAR ENDED 310ECEMBER 2024 An$ls otgvants Gra1• to In•titutkms fvnd¥ 2024 Grants paAI 60233 10.233 Gmnts lo Toi81 2023 2023 Gr*rts pald 75.944 75.944 Summary by fund typ• Totsl 2024 2024 Mknlsty Mlsglon Est8bllihmant 107.393 103.645 141.280 107.393 113,333 266.366 125.(186 134.7T4 356.384 491.158 Pw15
NOTE8 TO THE FINANCIAL STATEMEtrirs FOR THE YEAR ENDED 31 DECEIIBER 2#4 5mary by IWKI typ• IcondN•d) 2023 2023 2023 3.480 99,58Y 103,014 242,599 Mini5ty Ml8$1 EStaL*hrn•nf 99,587 93,e42 142,360 9.412 It,239 109.851 339.029 448,680 P48 16
NOTES TO THE FINANCIAL STATEPKNT3 FOR THE YEAR ENDED 31 DECEIIBER 2024 Analy¥l• of•yThdur• by adlYltS•s undèrtaken Ith19 ol dlr•¢tly •cdvlll•s 2024 2024 T)lal nda 2024 4,086 107,393 53.1ry) MiThslry Mlss Eslablishw* 107.393 113.333 266.365 00.233 430,924 60233 491.1 Tot81 2023 2023 2023 a480 99,587 103.013 242,600 Minlslry Mlsslon Establlshnw 99.58T 27,069 242.600 75,944 372.736 74944 448.680 Pag8 17
NOTES TO THE FINANCL4L STATElNTS FOR Th2 YEAR EPa)ED 31 DECEMBER 29 Oranls pwbl• fvnd• fund• 2024 2024 Suppcrt Fund Eupan Christian IAis¥ion SGM LrfÈMthJ Pèmenl Prni1 3.950 1500 r 11 Local FhM BMS World K498ion Unbn Free Blble Im AfrKa In1 Ml8thn Hardshlp Fund tmas dlèri 1.cilo 5,800 1,1100 4000 1.11110 1002 1.(10 1.981 1,981 58252 00,233 Total funds 2023 2023 2023 Mls81¢ft Swkw)rt FWKI Latin Link Euiopgan chran &fjssJn s( Lrfld8 Pavement Pr*ca BKS Wothj fvlss Baptist Unh)n Olhpr grants Rath81 Green Hardshp Fund Ukralno 63.885 1.408 7,248 5.748 959 7.248 748 1387 Z387 825 4.512 72082 Pag8 18
FARNHAIA wfisT CHURCH NOTES TO THÉ FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEIIBER 2024 2024 2023 Fe¢s payable to the Chadtys **ndentexthwfLYttR •xamln8tion of the Charity's nal a(¥))lts 1.015 1,575 Accountsncy 1A15 1.fj06 1.113 792 4,066 2023 Wages and salaries Soaal saeJJrfty cog18 Pensiffi ¢)S 1102S5 128.025 6.013 15.400 a363 130.041 157,801 2023 EmFloya8s No emplo• r•¢oW &nOunth to nKY¢than £,1100 in either y•w. Th6 agJroJate io key the p8rbJ was £ 74.87912023. £59,279). P¥ge 19
MOTES TO THE F14ANCIAL STATEMENT8 FORIHE YEAR ENDED JI DECEMBER 2024 Durina Ihe ar. TnJste8s rtcéhed any reThmr bmffts. in relatkn 10 ther rc4& as Trustoes. (2023.£NIL). Bath lnistor. Tho tolal an¥Nnlof wè8trlL#ed donakn from TnJ&ees ¢kniTrJ the Y was £31,85512023. £29.065). Th• lolal xnwnt of rerfcted Tntstees the year TM £2.640 IW23 . ,6401. dng the year ended 31 D•xrkn 2024. no TnBlo9 bgw InThd (2023. £NIL). 11. Tanglbl• ffx•d w••¢• Fa¢lld•• nts wtIn •qulpmort Totsl CO ory4#bI At l J8nuvy 2024 1.200.000 70352 924586 22.771 ¥e07 2.278.196 At 31 Dec)8T 2024 1,2fj0.(100 76252 92V66 22,7Ti 54,007 127&196 D•pr•dallon At l January 2024 ch6 for Ihe yo 14117 3•9,020 1126 K456 21.198 52,616 397.951 91•73 At 31 Dec•mbtr 2Q24 17343 401.475 22.102 53.6114 4M924 Nel book v•h At 31 D8c*rrtw2024 13IJO,000 .IJO• 523,0•1 1W 1.783.272 At 31 Do¢am 2023 1,2ck). 61. 136 615,545 1.573 1.991 1.880,245 Py20
NOTES TO THE FWAMCIAL STATEIAENTS FOR THE YEAR ENDED 31 DECEMBER 2024 12. 0•btors 2023 Grft A¥J (hm. acuu•d Inr4 Other debtor Prepayments 16A62 16.639 20.596 13,735 4.005 50.970 13. Bank 2023 N81K81 Waslmlrthr Bank Cooperative Bank Bal&ts ToJelhgr 1.869 65.112 100,962 14.167 123,787 137,954 16T,943 14. ¢r•dltors: Amounts tsllng (kni withkn (Th y•ar 2023 Intsrest loan8 Interest beaiwwJ k>ans 0th8rtaxalcHI arKf social seojrity 40,0 1922 94000 2942 00.•01 16T.238 Th& rnernber loons ore repayatle at t1 end of ts 10 year knan poriod. hth¥wor, und8r th8 10 agreement wc¥diThJ. thay may be repafd In part of al aThy thmè before then thgy can alw b8 rgpald t+blthin 3 a tA7ltlen rws( or 3 m¢Nhs d • Ylttyn noljfication of d091h. Page 21
NOTES TO THE RMAMCIAL STATEldENTS FOR THE YEAR ENDED 31 DECEI•i 20 8•lance at 31 January 2024 Unr•8trlet•d fvnd• DMlgnat•d IwMI• 127.759) 15.1)00 7&1 127.75#1 (SJ41) G•ft•ral funds Ge11¥1 Revaluotlc 176304 12K•OO 1324625) 5341 245270 1300,000 1.376.204 392.4YI 1328,625) 4241 1,445,270 Totsl unr•s1rf funds 1,4513•4 391 1356.3U) 1Ag037Q R•StrI•d fund• BuRdkng Fund Hwdshp Fmd CM81mas Offww Aud Vtsual Gfftfvn QCW Gift Day 15740 {1H140) (1,9811 3744•5 10.• 4W Ikyj 7J77 (430) (737n I16.7) 6.210 4TT.717 48A17 1134,T14) 391.36 Tot41 01 luAd• 1.931.921 440.867 1491,158) 1 J81.630 P4ge 22
NOTES TO THE ANANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2V24 15. $tat•m•nt of lund• (eonlknu•d) Stat•m•nt of lund#.prfor BalanGa at 31 Balance al I JgrnAry 2023 Unr••lrfGt•d fund• D••lgnthd tsnd• 30.000 44000 4&IXKI 78.000 GeneT•I fun Gen8r¥l Revalu8d( 178.946 I,2.( 384.287 (339.1MiJ (48.(WJ IT6.204 1.200,000 1.378.946 384.287 f339.029J (48.000) 1.376.204 Totsl unr•1trk funds 1.408.946 384.287 rJ39.029J 1.454.204 R•8lrf¢t•d ftThl• Bull diNJ Fund BuldlThJ Prctsd Thank Y OfferfTrJ Hardthp FuTrJ Ra¢h•l Gr•en SpKial Fund Chrislm8s OffwiwJ Authts Vsual Equynwt Gift fuThJ 527,167 28.985 (91,257) 464.895 1.231 4,TT6 651 825 7.7 103 (8,981) (2.387) (651) (825) 2,492 lo. 70,000 330 (5,550) 52.718 {1G9,651) 477. T17 Totsl offndS 1,943,596 437.1)05 (448.} 1.931.921 Page 23
NOTES TO THE FIIIANCIAL STATEIENTS FOR THE YEAR 31 DECEMBER 2tr14 Desh)natsd funds AII Dowgnated fund$ wo C4Krent assets tn the accourt> fimds are hdd in aT wlth the Chwth'$ reseTh89 Fdcy. Th8 d8siEY rnswve5 of £30,1 Is Ihe Iml ol roternw thgt ts Tru8t868 conslder l¥ OCe4Ptabl8 in order the Chanty to OP•Tato. T de$lgMtsJ lutsa Th• Wrwjoskn CGCW) Fund Is agre&l that rloS to our congreg8Ion thal Wrnwloshom. bwne Indwndant ctr•JK vAth Irom 1 J8nuary 2024. ft was aweed by Ihe Churth Ihat £18,000 ol FBC'S resérves wcwhl be transfeNed to GCW 1 Janu 224. lth the leman9 amow)t to be avaThable by of glft ov8r the IW yEars frin 2024 - 2026. At 31 DecwThbw 24, agrwd ¥Ath GCW that bncè rgmaining C Ihe lund sId bts £15.IKW). Restrictod fvrK18 The buibliNJ fund Is for oxpwth t¥Jwvj p•ymonl of Ini¢rost on and répaym1 of tho )ans th8rnw. The iMJilthny Ots havg wilali88d In thè attfjunts ¥wJ ar& kncluded vthlhln fixed assets. The d•pr•dation ol bulldkig 1$ belng ¢harged agalnst o lyJlAltng fiThl. ih&8 Clnu0 til tho has be fuw d8pr8c#at. Th? buldlThJ wclect thank you offerkw15 rWaY ol thank yw to Gtyj for proVId tho Jnds to Tho hard8h p nd vras s•t up durh4 thD Cwonaw Cubi&19 pwvJeniG relld to mombws •xp•rianeo financi diffic. Th8 Rachel Greon Sp•dAI Furwj 18 to h h to h8lp RadlS thi more thnfortablg. •re paQ in J8nu8ry the folcvwvig yw. Tho Gfft FuThJ rolated lo gft lh 4wr• gId in ts Jwr. Tho Mlnlstwld Acm)dlIcm fund w¥$ ¢$1181d b) support the asstsiant nthlstar In Ats4ulthJ a wr4)ty. Th• fijnd was IY 2025. Pègo 24
FAIINHAM BAPTt3TCHURCH NOTES TO THE FWANCIAL STATEIAENrs FOR THE YEAR ENDED JI DECEMBER 2024 1& 5wm•ry Offd9 Swnmary •ffund•. cuTh•nl at 31 Tran¥for4 DK•mb•r 2024 January DeslgrAled fLTrIs Genéral IlS Retstricted funds 127,759) 1328.825) 34,T14) (5.2411 5,241 1J76304 4T1.717 1W.270 391.360 17 1.931.921 440.867 (491.158J 1.881.630 Surnfflwy olfwd¥. wlory 31 l J8nuay 2023 O•nthd fvnds General fijnds Ra8th1#od *Jnd$ 48.000 78.0} (48,OOOJ 1.376,204 477,717 1.378.946 384.281 52,718 f339,029) (1.851) 1.943,598 437.LX)5 (448.689) 1,931,921 17. An•ly818 ol n•t ••••¢• b•lwwTr fwKI• Anal18 01 fb•t a•Mt• l>etw••n wlod Tot•1 fund• 21)24 fvnds 2024 rang1¢ flxgd asstt5 Cwreni ass8ts Credll¢rs due ththh one Differe0 376,495 1.4(.777 14,865 144,155 (eo.661} (1} 1,783372 159.020 (60,0611 Total 391.3fAI 1.490.270 1,881.630 Page25
NOTES TO THE FMNCIAL STATElE13 FOR THE YEAR ENDED 31 DECUIBER 2024 The Charity operales a defin c(ffitrltr sd)Bmo. The 889ets of the sthgme wo held rewesents cortribution8 payle by ts Charrty to lh• fuEKI and orrthnl•d io £18.07312023 - £15.4). All pnslon oyWdi11 unffjstl¢Xed. Pwsivn 1xlbuonS (2023. th1) wwe payabte to th8 fur¥J attho 8heel dats. 19. Cut04fAn TnMt•• The cuththan Truskne of tho thjrth Is tha Urth CUpYalK Lhrted Charfty wmber 249635 and is controued ty the Baptist Lknbn nC4. The chu Is also 8 ffen*)gr of thè