REGISTEREO cHARy NUMBEFL. 1204019 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2026 FOR INTERNATIONAL 818LE BAPTIST CHURCH SOUTHAMPTON CIO til) Tror'E°RN'ATIONAL BIBLE BAPTIST CHURCH l T K l N G D O
TERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 202S Report ofth¥ Trustees 1 to 1Q Indèpendènt Exomlnerfs Report 11 statoment of FInancl Acti7Atles 12 Balance Sheet 13 Notes to the Finan¢lal Ststgments 14 19 19
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 The truste¢$ prert their report with thg finanaal statement8 of the charity foT the yèw endèd 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. statement of RecomTnended Practs"¢¢ appIlble lo charitie8 preparing their accounts in accordance wrth Ihe Financial Reporting Standard applicable in the UK and Republic tsf Ireland IFRS t021 leffective 1 January 20191 OBJECTIVÉ3 AND ACTIVITIES ObiectSves and alms Tho charty operates under an approved Goveming Docurnent, which ouuinés that fhè primary purpose of the Church is to promote thè christs.an faith a¢ix)rding to Baptist principles. The Church may also angagè In pdtKaliond inrtthes and pursue other caritable activiti•s vmhin tha Unrted bfjngdom or internationalty. In fvjlfilling the Objectives. the Church engages in a rangè of ath"wb"ès Èthér on its own or with other5 that vary from lime to b'me, with being initiated, expanded or dosed, as apprgprie. Our activities indude but are not restricted to.. Regular public worship, prayer. Biblè study. pregehing and leaching., Baptism, as defined in the Urmon's Declaration ol Prinopl¢", The Communion ofthè Lord's Suppèr, whith we normalty observe quarterfy.. Evangelism and mission, locally, regionally, n4tignalty and irtgm*i0nal'. The teaching, encouragernen( welcome and inclusion of young people". The growth of Christian disciples,. Eduralion and training for Christian and community seNcè-, Gmng and ¢ncouTrgiNg pastoral care., Supporting and encouraging d)ariiable soo81 actic)n in the United Kingdorn and abroad., Encouraging reLgtionships with and supporting Baptists and oth•r Chrith"ans. The regular activilR8 of the Church can be viewed on our website.. htt jlwww.face CX)084956121227 Publlc beneflt The Trusts8s havè r•w8wèd thè Charity Commi$sion'$ guiolance cm public benefft and are confident that our activities dearly dernonstrat¢ the spjnificant bèngfrt we provide to the public. From our mission work to our community èngagèment, IBBC continue5 to serve both its congregats.on and tme wider publK in meaningful ways Pag¢ 1
TERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 ACHIEVEMENTS AND PERFORMANCE Charitable ac¢lvltl•s Vve are grateful to share Ihal IBBC ha8 been officially registered as a charity. last yèar of 2022, and wè have seen stea(ty growth in our community. From an inf(ial att•ndancÈ of 30 adults and 8 children, we are now blessed to hav¢ an ¥vera9e t)f 65 adulls and 15 tsenagers attending regularty. Additionalty, 1¢>15 peopla join us onlin8 èach Sunday via our live broadcasts. We are also thankful for the rfiversily in our congregation. Two English nationals now attend our services on a SemigUIar basis, adding to our vlbranl communrty. Another 2 Black African family. One particularfy inspiring member is a dèar sigter in Christ who faithfully attends every Sunday. and bringing her personal nurse every Sundsy, desprte being wheelchairknund and liwng in a care home. She is transported by the Gare home's V8hIe and is always accompanied by a nurse. Ovar b"me, she has brought different nurses with her. and on s6vèral occasions. her ftsur thildren have joined as well. In resp$, we have arranged a Bible study 81 their hcTrme. and her eld&8t son has nijw started attending church with h8r regularly. Our Sunday School has also expertenced grtswth. with 14-16 children participating each week. Due to this increase. we nèed 1argor Spa. a8 we now divide the Sunday Sthool into age groups to better cater to the thildwn's needs. In addition. our community has been blessed wrth new life.181 eight ol our young profe86ional nurses have recentty giv6n birth. and 8nt)thèr three are praying ts babies this year. Fèbruary 2025: Va¢atlon Blble S¢hool Our annual V8Cation Bible Sthool in February 2025 was a tremendous su¢c8ss, 50 Childr In attendance. These thildren came from the surrfxjnding naighbourho5 near Southampton General Hospital. The program ran forlhree hdf-days during the week, offeNng the children an enriching experience during their sthool breal They enjoyed Bible stories, engaging gam•s, and singing Gospèl music. We also provided snacks and lunch for all 50 children, supported by a dedicated team of 15 staff members, indudlng Gooks, drivers, and teachers. Note.. As a resurt of DVBS 2025, Gcvj has adi1od anolhw family tsf four14} in our church. They are a Chrithan family back homè in the Philippines_ Their children Angelo 14 yr. old and Marie 10 yi. old was ow filst b.rno viyftor5 in Vacation bible Schod. We are truly thankfijl for all the blossings and growth we are 6xperiencing at IBBC, and we look ford to what God has in store for us in thè coming year. Pago 2
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2026 Pithjras frtsm February 2025 VaallOn Bible SclK)oI.' In May 2025, we held our2nth IBBC youth comp in tre New FoTesl. Dospito the rain, it was gn iwKrpdible experience for our young people. They 3penl lirne leaming BiLle stories, playing tradib.onal Filln0 games, building friendships, arKI enjoying fdl¢)wship. Our young profo5sionals. many of whom are nurses working al Southampton Gener31 Hosprtal, generously took three days of annual teave to teath and assist atthe Gamp. The church provided meals for 37 teenager8 and 12 volunteer staff, ensuring the camp mel governmént h•ath 8nd s818ty standards. This memorable ev•nt brought our youth together i Trdith and ¢ommunity. Pa99 3
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2026 PicbJr8s from th• second IBBC youth camp in New Forest.. Our IBBC Kenl mission outreach has now been goiTha str¢NJ forthree years. Thg group wntinues lo gruw 81eadity, with an average attendance 0125-30 peae each week. We are ano)uraged ty the progress and look forward to further growth in the coming years. Last August 2025, we had a church famity ¢amp in Devon jDined by fellow churches fro)m London and Leed3. We have an attendance of 150 campers, with guest paslors from the Philippin&s preaching and teaching Go(fs Vvord tts our teenagers and the w¢Jer congregation. This camp has bo8N a ts"m8 01SFntual refreshment and fellowship. We are also blessed to see our churth bgwming incre83ing diversp, with a growing number of attendees from Blad( and Minority Ethnic IBMEI Communitie5, particularty from Africa. IBBC is truty a mulb*thnic and vibrarrt congregation: refiecting th& rithness of global famlly. Page 4
]NTERNATIONAL B18LE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR EhlDED 31 AUGUST 2025 Home, o¥•rsgas and CfOgSw¢uliural mt88lon Wo ar¢ bISe lo ¢onts"nu? supportin9 tsne mis5i9nary frorn our dvjrch, is wod(ing with six faMilS in Kent, UK. Addib"onally, we provide ongoing monthly support to three Bible Baptist missionarie5 in Ihè PhilippinÈs, one in Cambodia. and offerfinanGial 8SSiStance lo Mission eflorts in Z¥mbia through IBBC. This support Is made possible through Ihe generoLts, voluntary donth.ons of our members here in Southampton. We also providè additional Iinancial aid in résponsè to urgènt needs caused by typhoons and other natural disasters. ensunng our global Partr¥ r1ve timely help in rnornents gf Grisls. Discipleship In linè with our ¢ommitmenl lo vAl¢-I1 disdpleship, our small groups have evofved into what we now call Sunday School. These groups aim lo nuthre and chall¢nge partiPants to bg intentional disciples in every area of life. This shtfi is reflected in the dedical'on of our volunteer Bible counsellors and Sunday School teather6. We currently have 1&20 individuals trained and equipped in evangelisrn and counselling vtho activety engage in follow-up8 and visi18tyon $ach week, helping to grow an¢J strèngthan our ejynrnunity. Bible College on Line We are excited to announce ow registration as satellite Bible Colleg& he in th¢ UK, from our IBBC Main IrL San Leandro Califomia. We wll be 8tsrb.ng by January 2(r26. As of now we hava prospective students that are showing int$t. Fellowshlp We have a regular Sunday Worship service also indudes our Sunday school. After the $etvi¢e. rt has been a cultural 8nd good pra¢tice 81rn05t every Sund8y, Our rnèmbÈrs wll bring food to shara to each other, that way we have a good fellowship wlth our favourilg foods on the tabio. After lunch our mernbers 11 get ioady and piastire ¢hoir in preparations for our Nursing homes. residential homes, serenade thatwe render free to share the spirit ol Christmas to our reirees and senior Cbtizen. Both our Ladies, and Men's groups. whieh have sami regular in fomis of basketball and badminton or billiards. 11 is very popular among those aged 30. These gatherings serve both 18llowship and rnissional purposes. providing a welcoming enronmer)t whèrÈ the g¢>spél eAn bè sharèd. Severa noNChristI women re9ularly attend the Ladies, group, rellecting the OLrtrÉacJ) poténtial of these meetings. also hdd a weekty prayer meets'ng every Wednesday. )Sted in the hornes pfvarious Thetnber8 who volunleerto open their doors for everiing fellowship. These meetings rotate frorp house to hous•, depending on who is available to host, and typiglly draw bÈtw8en 21>30 partiapants. Vthen in-person meetings are not possible, we conb'nu8 to meet via Zoom, with even greater attendance ranging from 3>50 people. Our IBBC Kent congregation règularty joins us through Zoom, rnaintsining our ¢onne10ft attross th"ffèrent IteAtions. Chlldr¢n and Famity's Mlnlstry Ourwork with Ghildren up to the age of 16 rernains an integral part of our churdys fflission. Through the dedication ol our vOlteer Bible counsellors and teachers, we continue to conduci Ble studies. follow-up8. and horne visits. Our goal is lo encwrage and nurture our young participants by equipping them with billical kno%edge and inspiring them to attend church and Sunday S¢hotsl. Additionally, each ye& we host ¥ Vacation Bible School IDVBSI during the February school break, a tradititsn we have upheld Sin the church was founded in 2011. We have also established a monthly Young People's Fellowship on Sunday afterrM)ons, providing another opportunty lor our youth to grow in farth and f8llowship. Soclal actlon Our thurch has a robust social action program, which has exparded 519nifin1IY sinTr we recendy re9islered as a Charitable IncorForated Organisation ICIOI. Even befDre offirial regislralion. we were actively engaged in Social and charitable work, aThJ this remains a key aspect of our ministy. Many of our churth mernbers are heallhcarg professionals working al thg University Hospital of Southarnpton or as care workers. and they generously provide both Practical, spiritual and emotional supportto those in need within our community. Thi$ indudes visth.ng elderfy individuals who are hou8ebound. 3ssi8ting moth•rs with young chiklren. and offering transportation for hospital appointments and other essentid needs. Page 5
INTERNATIONAL 81BLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 IBBC Baskett)all Cllnlc Last January 2025, we started our FREE basketball clinic advertised to social media and promoted to community. Wo ha 3 volunteer coaches who are all DBS a roved. We have regular 2fv++ in attendance every Saturda Page 6
INTERNATIONAL 818LE 8APTIST CWRCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 Badmlnton Cllnk lor Girl¥ We renllY Slartgd IBBC Badmlnton Cllnlc fer Gid8. Freel Adverbsed in Social Media and our Community. We have 8 régular attendance moslly by our young peO1e in the church. W¢ are stsrtin9 to 91in attendallG¢ and wn8i8tenw with our parents supporbng th15 Project fo)r our after school dubs. Last Christmas. our church vi8tted seven nursing and residential home5 ID sing carols and bringjoy to the sIdents. In addits.cffi to thése visits, our members are frequenuy seen in city centres distributvig Gospel literature and singing Gospel music. We also provide swritual and emotlonal unSelling and, when ablg, offerfflnancld assistance to thosè In nè8d. a sharin9 thè love Of God and thè Go¢d News. Many individuals hav8 express8d thèir apwetyatitsn for oui outrea¢, Some even tsking photos wtth us as a token 0fthr gratitude. Several of these people have sinca attènd8d our church se1$. All our cufth activities, including V8cthon Bib Sthool, Youth Camp. Sports Day. are fflade possible by the volL5ntary donations and supFort ol our laithfijl members. Each ent is carried out lor the glory of God and rèfle¢ts thé spirit ttf gÈnèrosty that d8ffinès our eornmun*i. In addf(ion lo these efforts, our members have waeiously support8d thurch waddings, contributing d8corations and eatèring Servi5 foryoung proleEsionals who choose to gel married in the UK These act5 of kindness embody the spirit ol giving and charity that liè8 at the heart of our congregation's rnission. Page 7
INTERNATIONAL 81BLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 Pictures in tsne of our chc#r perfonTrances in Nursing Homes. Support Servlces Our support seNees p18y a crucial role in ensuring that IBBC remains a safo, 18gal, an¢J accessiblè space, while 50 being 'nanck?lty sustainable and wdl-èquippèd lo support our mission. This includes overseeing everythin9 from building rllaintenance and finances lo safeguarding, h&atth and saléty. 8nd other compliarte i$8ues. We are grateful to have Chri8b"8n mèmbers who are DB&ched(ed and who wntribut¢ to thes9 ¢tial Servi. Since our founding ten years ago, we have consistenlly trained FirstAid8rs 8nd en$vred annual compelew in safeguarding and health and safety practs'Tr& While we've experienced significant increases in utility arKI rentsl cos15, we are preparing lor further rises in the futuie. AddonallY, we aro praygrfulty annIrng aThJ preparing for th& possJilty of acquiring our (Mn chur( bu11ng, tru31ing in the Lord's provision. Connectlons IBBC is an active mernber of the 88Ptist Union of Great Britain and the Evangelical Alliance. We also partIPate in Churches T¢yJelher initiative5, joining wlh other loc81 B8Ptist churchès for fÈlltswship and prayer. This includes activities sud) as ope91rWorship s@m when permTtied, providin9 us wth opportunities to Gonned with Ihg wder Christian cofflmunity. Safeguardlng We tako saf¢guarding V¢ry 5eriousty al IBBC. The thurch has established robust systems to ènsure that all indiwduals wothing wth children and vulnerable adu115 are appropriately vetted through the Di8closure and Barring Sarwcè IDBSI. Safeguarding pdicies and procedures are firmly in pla¢g, wrth daslgn8tad porson$ and a 5af8guarding trustee appointed by the Church Members to oversee these criti'cal matters. Page 8
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2026 FINANCIAL REVtEW Year In r¢vlgW IBBC continues to piirarily raise the fvnd5 necessary to cary out its mi$8ion through the generosity of its own mèmbèrs and Conggation. In 2025. we saw a modest inueaso in unrestricted ino)rne. Our balaneo shèèt r8flèeted a gro in net assets from £8.830 of August 31, 2024 10 £24,732 as ol August 31. 2025. Indicating that the church's overall financial hèalth remans stron9. W¢ finished the yearwth reserves above our target rang&, Ènsuiing stabilty for the futur As part of (iur wmrnfThenl tts the wider Christian corntnunty.18BC continue510 rnake monthly grants of £1.QCO lo naliwal and inlemational Christan organisations whosè airns align wth our own charitable puipos0. These contributions reflect our d&sire to sUp[rt Christian initiatives both locally and globally. The Church relies heavily on thé eommitment ol ils mernbers, who volunteer across all aws of Church life. Many of these activitie5 operate wth litue or no ftnancial burden yét contributè significantly to fulfilling the Church's mission. This spirit of volunleerlsm is a COTnerstone of our community, enabling US to advance ow objectives with both dedication and efficiency. The financial outcomes for the year, along with a summary of our accounting polici&s, ar8 ouuined in the accompanying rinancial stslemenls. As part of our financial stewardship, adhèrè10 8 Reserves Poli designed to tnaintsin >6 mtsnlhs oloperating expenses, approximatèly £3,500 per month, resulting in a target range of £30,000 to £40,000 in our AcwTnul8led Fund. A balance falling below £45,000 would prompt a thorough review of our finalla1 strategy, The Trustees have rec6ntly remewed this wliw and are confident that our reserves, combinad with projected income, are more than adgquate lo ensure the Church operat@s 8ffedivÈly in the coming year. Add"On1. the Trustees have conducted a risk ass•ssmÈnt, identifièd rn81 risks and ensuring policies ars In placo to mitigate them, giving us Confiden in the Churth's stability and preparedness for any ehalèn9e8. FUTURE PLANS Lovking ahead lo the 2025126 linancAal year, our koy prionb.ès indude. Continu9 lo foster a cullurg of intentional. whole-life disciplèship by implèmenting tre outcomes of our 2024 discipleship iniiativeg. The sucTrss ol Operation GTOgether. a day of teathing and encouragement, has inspired LIS to plan r6P8at avent in 2026. 2. Expanding our onlinè Bible School, which has already enrolled four new students who are also serving as volunt88r staff. This Initialive aligns with our vision for the chh and sUPPOrt8 the gr0rth ot our children's ministry. Furthermore, our young people are stspping into leadership ro1e$, serving as pulpit leaders, song leader5, and Sunday school teachers, refiecting the development of the nèxl generation within our congregation. These plans ioprosenl our ongoing commitment to spiritual growth, leadership developrnent, and communty oulrea¢h, ensuTing that the Churth remains vibrant mission-focusèd in the year ahead. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documant The tharity is controlled by Its goveming docurllenl, a constitution ot a Charitable Incorpor8t•d Oryanisation. Organlsatlonal Structure and Derlslon-maklng Process Mernbership of the Churth is govem8d by rts Constitution, whith typicalty requires Individuals t¢ have begn publicly bapts'sed uptsn profession of faith in Jesus Chris( Howevor. those who have undergone other forrns of baptism may also be ac¢epted into full mèmb9r$hip at thè discretion of the Clwrch Me[nrS, Meeting, based on their public profession of faith. The Churth maintains an open memtErship poliw. Page 9
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 Ordingry Church Mgmbers, Meetings 8re held at lèast a minimurn 5 tirne3 8nnualty, prowding an oppgrtunity lo revlew routine matters, induding Church mernbÈrship, budget approval, ar¥J proposals from Charty Trustees or Church Members regardlng the Churth's development and the advancement of 11$ mission. Additionally, an Annual General Meeting is convened once a year during a Speoal Church Membèrs, Meeting, ere annual accounts and reports are presented, and Charity Trustee5, along wlh the Sevelary and Treasurer. are elected or re-elecied. Special Church Members. Meetings may also bg ralled as needed to address significant matters, such as the apw"ntment or dismissal of ministers, property-relateol issues, or other cOnrnS deemed important by the Charty Trustees. Followny thè disrupiions caused by COV119, regular iTrperson meetings have ro8ume(I thls year. Charty Trustees are 8eleLted from among the Church Members, with the MmuM number of Trustees determingd pèriodl¢8lly by the speal Church MemboTS' M¢eting. In this Church, the Minlstar{sl. Sèeratary, Trèasurar. and Leadership Tearn colledively serve as Charity Trustees, overseeing the Chur¢h's daily operations. induding its finanual a1 legal responslbillb"ès. All Church Members are encouraged to actniety paTticipate In both the spiritual and pradical a8pe¢ls of furthering the Churth'8 charitsble objedives. This is often fxcilitated throuoh teams led by members ol the Ministy (Leadership) Team. In addition to the Ministy Team. othorteams focus on areas such as Christrnas Cantata. Pastoral Care, Youth and Children's Ministrj'es. and Adminislralion. Across various groups, thère are approximately 11>20 volunteers engaged in the Church's life and mlnistry. Relevant matters rnay be broughttc the Church Mernbers, MeetirwJ ty th8 Trust86s for input or raised by Members for further consideraliDn by the Trustees. While the Con5trtution allows for deasions to be made by majority vot&. the Church strives to hlOv8 conserk8US in deci5ion.moklng prccess. Wtr are thwkful tha( as ofAugusl 2023, IBBC has employed a fvll-time Minister to s•M th• Churth. REFERENCE AND ADMINISTRITNE DAlLs R•glstèrod Charlty number 1204019 Prfncipal address 3 Springford Road Southampton Hants S016 F)JA Trustees DT M Samson R Jimenez A Pablo M Tajuna R J Umadhay A Umadhay Ind•p9ndent Examlner P Underwood. FCCA Morris Cro¢ker hart&red Accoth)tanls Station House North Slroet Havant Hampshire P09 1QU Approved by order of the board of trustees on .............. . and signed on its bèhalf by.. Drm sSOrt. Page10
INDEPENDENT exAMINER'S REPORT TO THE TRUSTEES OF INTERNATIONAL 818Le BAPMST CHURCH SOUTHAMPTON CIO Independ•nt oxamlnefg Teport to the tN5tse¥ of Intsmatlonal Blble Baptlgt Church Southampton cio I report lo charity tru5tses C my examination of the accpunts ol Internatt.al Bible 8apts.st Church Southampton CIO Icharitsble InccrfpoTated Organisationl lor thè year ended 31 August 2025. Responslbllltle8 and ba81s of reFrt As the chatiiy trustees ol the Chafrtable Incorporated Organisation you are responsible for thè prepation of tho accounts in accordance wrth the requlrernents of the Charities Act 2011 I'the Adl. I rèport in rèspert of my examination of th¢ Charitsble Incotporaled Organisation's accounts carried o under Section 145 ol the Act and in carrying out my examination I have followed all applicable Dir8clions given by the Charity Commission unfjer Section 14515)Ibl ol the Act. Indepondent examlnerfs Statemont I have complet•d my sxamination. I cortfirm th no material matt¢rs have come lo my attention in nnèctiotb the axamin8tion givin9 me cau¥e to believe Inat in any mat8rial respoct accounting records wère not k&pt in respect of the Charil8ble Incorporated Organisation as required by SeGbon 130 ofth¢ Ad., or the accounts do not attord with th03é reGords," OT the aOuThts dg not comply with the appliGabl8 re9UiTemerts cOerlg the fomi and txnlent of avunts set out in the Chanties (Accounts and Reports) Regulabons 2008 other than any requirement that the unts give a tru8 and fair view which is not a matter SIdered as part ol an independent examination. I have concerns and have come across no othef mattèrs in connection wth the exarnination to which att8nts.on should be drawn in this report in ordèr tv enable a PToper understanding of the accounts to be rèached. P UndènNood, FCCA Morris Crocker Chartered Accountsnts &ation House Nortr Str¢et Havant Hampshire P09 1QU Dale". Page11
WTERNATIONAL BIBLE BAPTIST CHURCH 8OLrrHAMPTON CIO STATEh1ENT OF FINANCIALACTMTIES FOR THE YEAR ENDED 31 AUGUST 2025 Period 18.7.23 to 31.8.24 Total fund8 Year ended 31.8.25 Unrestrirted fund Notès INCOME AND ENDOWMENTS FROM Donations and lagacies 83.756 70.126 EXPENDITURE ON ChaTltablg aetlvltie# Church acbvlties 65,854 63,296 I7,2 NEf INCOME RECONCILIATION OF FUNDS Total funds brought forward 6,830 TOTAL FUNDS CARRIED FORWARD 24,732 6,830 The ncles fom part of these finala1 stat¢mwts Page 12
qb IN'T'ER'N'ATIONAL 131L3LE IJAPTIO I CHUF4CH IIAT ANt'I:, MTr.l*r JI AUOU9121ns nxEDA&8 C¥sh•iknk 29,713 15J 13.130) TOTALASSEfsLESSCiIRBENTiJABtimES ¢ntsW¢T¢4>pMvbY th¢ B(wd aDJ 84tlhoTiY•J fv i¥w etyl Its lthlf by: M Samym. Pase 13
INTERNATIONAL 818LE BAPTIST CHURCH SOUTHAMPTON CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES Bas18 of preparlng the flnanelal statements The financial statsments of the charty. which is a public benefft entty Lmder FRS 102, have beèn prepared in accordance with the Charities SORP IFRS 1021 'Ac¢ounling Reporting by Charities.. Statement ol Recornrnended Practice applicable to thariti8s pr&paring their accounts in aworilance ith the Finanaal Reporbng Standard applicabk in the UK and Republic ol Ireland {FRS 1021 (effective 1 January 20191,. Finanal Reporting Standard 102 'The FinancAal Reporb"ng Standard 8pplicaNe in the UK and Republic of Ireland, and the Chaiities Act 2011. The financial statements have been prepared underthe historical cost conventic. Golng ron¢grn Th• trustèÉs are of tha opinion Ihat thè Charity ¢an ¢onlinue to meet ils oblig81ions for at least twelvè months after signing of the account$ and that U)e Chartty will continue in operational existenTr for the ft)roseegble futuro. ThFiefore thtr trustees ¢tsntinue lo adept the going concern basis in preparing the Annual Report and finanu81 statémènts. Income AJI inGorne 15 rewgnised in the Stslernenl of Fina18( Acb'vrfue8 On the charity has entidement to the funds, it is probable thatth8 incomè wi15 bè r£eèivÉd and thè amount can b8 mÉasur¢d reliabty. Expendltur• Liats'lrties are recogni8ed a8 expenditure as soon as Ihere is a legal or constructiva OlYatIOn committing thè Charity to th* expenditure, it is probaNe that a transfer ol economic benefits will be required in settlement and tha amount of thè obligation can bè mÈasurèd rèliably. Expenditure is counted for on an accruals basis and has been dassified under headings that aggre9al& 911 $1 related to the calegory. Where costs cannot bé direcdy attribLrtèd to particular headings they have been a110¢8ted lo actpiilies on a basis consistent the use of reSoUrs. Tanglble fi%ed assets Tangibl¢ fix?d assols are initially recognised at cost, whith indudes all expenditure direct attributable to bringing the asset intts wrxkiNJ CdI"0n fr)r its intended use. Subsequent to in"21 recogn0, a8sels are measured at les8 accumulated depreThalion and any accumulated irnpainnent losses. Tha carying value of tangible frxed assats is raed at èach reporbng ¢Jate to delernine whether there is any indThtion of impaimienl. Depreciation 18 provided at the followlng annual rates in order io wrlte off each asset its estimat8d usèful lrfe. Cornpuier equipmenl 33% w $t Taxatlon The charity is ex8rnPt frorn tax on its charitable activities. Fund aeeountlng Unrestricted funds can be used in aceordanc8 With th8 charitable objaotivas at the discr•ts"tsn of th8 trustees. Restricted funds can only be used for particular restricted purposes within the obj'ects ol tha d)arity. R8strictions arise when specified by the donor or when funds are raised for paiticular restricted purpos0& Further expbnation of the nature Bnd purpose of each fund is included in th8 notes to the financial statements. P89e 14 ¢cnlnu8d...
iTrtrERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Flnanelal Instruments The charity only enters into basic finanual instruments IransaGtiL$ that result in the r¢cogrnition of financial assets and liabilities like trade and other accounts receivab and payable and investments In stocks and shares. The measurement basis used for these iFbStruments is detailed below Debtors and cash at bank Trade and olher debtors afe recogni8ed at the setuement amount the after any trade discount offèréd Prepayments are vdued at the amount propaid net of any trade discourts du¢. Gash at bank and in hand included cash held on deposrfc or in a Jent account Credltors and provlslons Creditors and provision5 are recognised where the charty has a present obligation resuKing from a past event that wll probably resur( in tha transf8r of funds to a third party and the amount duè to 8etU8 the obligatson can be rneasured or estimated reliably. Creditors and provisions are normal recognisèd al thair $8tllamènt amount after allwng lor any trade dB¢ounts crftlcal a¢¢ounting judgèments and key sources of esumatlon uncgrtalnty In preparing the financial statements of thè charity. thè trustaés are required to makg judgements, eslimates, and assumptions that affect the applicatic of accounting poliaes and the reported amounts ol asseis. liabiliti&s, incom&, and éxpenditure. The trustÈes ¢onflrm that the are no CTlcical accounting judgements or key swrces of estimation uncertainty that have haiJ a matsrial itnpart on the thaTTlablo wmpany's finanGio1 stslemenls for the year. Page 15 continued...
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2026 DONATIONS AND LEGACIES Period 18.7.23 to 31.8.24 Ypar ended 31.8.25 Donations Ofher income 83,696 69,826 30QI 70.126 CHARITABLE ACTIVITIES COSTS Support costs Isafj note 41 Direct Costs Totals Churth activ¢$ 47,022 18.832 65,854 SUPPORT COSTS Govemance ctssts M8n8g$ment Totsl8 Church actimtses 17.332 18.832 Support costs, induded in the abov8, aré as follows.. Managamont Period 18.7.23 to 31.8.24 Total adivities Year ended 31.8.25 Church activities Insuran¢¢ Rent SubsGriptions Sundries Life assuran Repairs and maintenance Travel and subsistèncè Entertainmenl Training Gffts ts Pastors and Mlssitharies Donations paid AdvÈrtiging Dgprecialion of tangle and heritage assets 817 1,156 472 61 672 172 405 470 16 11 1.267 2,198 220 3,832 9,955 98 10,871 2,e81 110 71 17,332 29,060 Page 16 (x)ntinued...
ifrrrERNATIONAL BIBLE BAwnsT CHURCH SOUTHAMPTON CIO NOTES TO THE FINANCtAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 AUGUST 2025 SUPPORT COSTS- contlnu•d Governancg costs Period 18.7.23 Year ènded 31.8.25 CFwrch acbvrties 31.8.24 Total tivilie8 Ind¢pBndent examination fee TRUSTEES. REMUNERATION AND BENEFrrs ThÈrè were no trugtèèg. rÉmurtèration or other benéfits for the year ended 31 Augu* 2025 nor for the peri ended 31 August 2024. Trustsg$' oxpènses During tho yeai olle tru¥t¢¢ wa5 rgimbursgd out of tjocket expenses. totslling £19712024.. £100}. STAFF COSTS The average mcrthly number ofemployee5 during the year was as follows.. P8riod 18.7.23 Year ended 31.8.25 31.8.24 Pastor During the year J Cabolaje. Pastor received ern0ments of £31,94912024'. £24,814) and beneffts totalling £4,99912024.' £5.0481. No efflploy8e8 red emoluments in excess of £80,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unreslricied fund COME AND ENDOWMENTS FROM Donab"ons and legacies EXPENDITURE ON Charltabl¢ a¢tlvltl•s Church activities 63.2 NET INCOME 6,830 TOTAL FUNDS CARRtED FORWARD 6.830 Page 17 ¢ontinued...
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAh1PTON CIO NOTES TO THE FINANCIAL STATEMENTS- eorttlnuod FOR THE YEAR ENDED 31 AUGUST 2026 TANGIBLE FIXED ASSETS Computer equiprnent COST At 1 Sapt8mbar 2024 and 31 August 2025 330 DEPRECIATION Al 1 September 2024 Charge for year 71 110 Al 31 August 2025 181 NET BOOK VALUE At 31 August 2025 Al 31 Auglt 2024 259 CREDITORS: AMOUNTS FALLNG DUE WITHIN ONE YEAR 2025 2024 Taxation and soaal $ecurlty Oth&r cr6drtors 1,5B4 8.174 5.130 10. MOVUIENT IN FUNDS Net movernent in funds At 1.9.24 31.8.25 Unrestrlcted fund• General fund 8,830 17,902 24.732 TOTAL FUNDS 6.8 24.732 NMovÈMent in fvnds. included in the above a as follows.. In¢cxniryJ resources Movement in lunds expended Unrestrictsd funds Generd fulld 83.756 185,8541 17.902 TOTAL FUNDS 83,758 65,8541 17,902 Paga 18 continuèd...
INTERNATIONAL BIBLE BAPTIST CHURCH SOUTHAMPTON CIO NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2025 10. MOVEMENT IN FUNDS- contlnued Comparatlves for m¢>vement In lunds Net movement in funds 31.8.24 Unrestrlcted lund8 Genwal fund 6,830 6,830 TOTAL FUNDS 6,830 6,830 Comparative net movemenl in nds. included in the alve are as follows- Inc(xning re60Ufces Resources expaThJ8d Movement in ftjnds Unr05trlcted funds General fu1 70,126 163,2961 6,830 TOTAL FUNDS 6830 11. RELATED PARTY DISCLOSURES A Pablo, tm#lÈe was rwmbursed £197 12024.. £100) relating to out ol pothel ex5e$ during the year. No other rel*ed p8ty tran8acti¢fis were made during the year. 12 ULTIMATE CONTROLLING PARTY The ¢harity is not der the Contr of a singlo onlity or IndIdual. Page 19