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2024-12-31-accounts

ASHFORD BAPTIST CHURCH

A Registered Charity Charity Number 1206172

REPORT AND FINANCIAL STATEMENTS

for

The year to 31 December 2024

Office tel: 01784 557377 Email: ashfordbaptistchurch@gmail.com

Ashford Baptist Church Church Road Ashford, Surrey TW15 2TT

Table of Contents

Legal and Administrative Information ............................................................................................................... 1 Report of the Leaders / Trustees for the year to 31 December 2024 ............................................................... 2 Independent Examiner’s Report to the Leaders / Trustees of Ashford Baptist Church .................................... 6 Statement of Financial Activities for the year to 31 December 2024 ............................................................... 7 Balance Sheet as at 31 December 2024 ............................................................................................................ 8 Notes to the Accounts for the year to 31 December 2024 ............................................................................... 9

ASHFORD BAPTIST CHURCH Page 1

LEGAL AND ADMINISTRATIVE INFORMATION

For the year to 31 December 2024

The church is a charity registered with the Charity Commission for England and Wales, with registration number 1206172.

Leaders / Trustees

The following served in this capacity throughout the year:

Mr Robert Banthorpe (Treasurer) Mr Danny Sitton (Pastor)

The following served in this capacity from 22 April 2024:

Mrs Jacqueline Banthorpe (Church Secretary and Chair of Trustees from 15 October 2024) Mr Steve Sitton

The following served in this capacity until 14 October 2024:

Mrs Claire Pearce (Church Secretary and Chair of Trustees until this date) Mrs Kay Hennah

The following served in this capacity from 14 October 2024:

Mr William Higgins Mrs Doris Higgins

Contact Details

Address: Church Road, Ashford, Middlesex. TW15 2TT Telephone: 01784 557377 Email: ashfordbaptistchurch@gmail.com Website: ashfordbaptistchurch.org

Independent Examiner

TA Wells (Chartered Accountant) 31 Elizabeth Avenue Laleham, Staines TW18 1JW

Bankers

Barclays Bank plc The London Baptist Property Board

HM Revenue & Customs Charity Reference Number

XR43942

ASHFORD BAPTIST CHURCH Page 2

REPORT OF THE LEADERS / TRUSTEES FOR THE YEAR TO 31 DECEMBER 2024

The Leaders / Trustees submit their Annual Report and Accounts for the year ended 31 December 2024.

Governance and Internal Control

The Church is governed by its Constitution (dated 19[th] April 2021) and became a Registered Charity with the Charity Commission for England and Wales on 13[th] December 2023, with registration number 1206172. Until then, the Church was an Excepted Charity under the auspices of the Baptist Union of Great Britain. The Constitution provides that the Trustees include the Minister (if any), the Treasurer and Church Secretary. Further members can be appointed as Trustees with the maximum number being agreed at Church meetings. This is currently set to 5 trustees. The Church’s Registered Number with HM Revenue & Customs is XR43942.

Objects of the Church

The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

The Principal Activities of the Church

In fulfilling the Objects, the Church engages in a range of Activities either on its own or with others that will vary from time to time with Activities being initiated, expanded, or closed, as appropriate. The Activities may include but are not restricted to:

Organisational Structure

The Pastor of the Church is responsible for the spiritual oversight of the congregation.

The administration of the finances and care of the property of the congregation is the responsibility of the Leaders / Trustees.

Church Members shall meet together in a Church Members’ Meeting under the guidance of the Holy Spirit and under the Lordship of Christ to discern the mind of God in the affairs of the Church.

The Church Members’ Meeting shall have reserved authority in the appointment and removal of a Minister, the appointment and removal of Charity Trustees, decisions related to church property including (without limitation) any purchase, sale, lease, mortgage, or redevelopment of property, the administration of the membership list, and the closure of the Church.

ASHFORD BAPTIST CHURCH Page 3

REPORT OF THE LEADERS / TRUSTEES FOR THE YEAR TO 31 DECEMBER 2024 (CONTINUED)

Any decisions in relation to property must comply with the requirements of statute law and any specific property trusts under which the land and buildings are used and occupied by the church.

The Church is a member of the Baptist Union of Great Britain (Baptist Union) and London Baptist Association. The Church is governed by Church Leaders (Trustees) appointed by the Church in a General Meeting. The Church employs part-time staff.

Leaders / Trustees’ Meetings

The Leaders / Trustees met on 10 occasions during the year and reported to the Church Members’ Meeting on 4 occasions during the year, one of which was the Annual General Meeting.

Appointment of Leaders / Trustees

The appointment of Leaders / Trustees is governed by the Church Constitution. They are appointed by a vote at a Church Members Meeting. There were two retirements and four new appointments during the year to 31[st] December 2024, as detailed on page 1.

Review of Progress and Achievement for 2024

During the year, the church continued to serve our fellowship and the town of Ashford and its surroundings by continuing our programme with special items which included the following:

Future Plans for 2025

We aim to continue with our programme designed to reach all sectors of society within the local community, including:

ASHFORD BAPTIST CHURCH Page 4

REPORT OF THE LEADERS / TRUSTEES FOR THE YEAR TO 31 DECEMBER 2024 (CONTINUED)

Trustees’ Responsibilities

Charity Law requires the Trustees to prepare financial statements for each financial year which are a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing these financial statements, the Trustees have:

The Trustees have overall responsibility for ensuring that the charity has appropriate systems of control, financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Risk Analysis

The Leaders/Trustees regularly review the potential risks the Church encounters in the routine operations in which it is engaged. They consider these in connection with finance, strategic planning, operations, environmental and regulatory issues. Whilst they recognise it is not possible to be involved in any activity without being subject to certain risks, they hold the view their policies reduce these to an acceptably low level and do not believe any further action by them is necessary at this present time.

Public Benefit

The Leaders / Trustees are aware of their duty, set out in section 4 of the Charities Act 2006, to have due regard to the public benefit guidance published by the Charity Commission. They therefore ensure that the Church’s activities are in line with its objects, which are set out on page 2 above.

In considering the Trust's activities the Trustees have had regard to the guidance published by the Charity Commission on 14 February 2014 and they confirm public benefit has been achieved by:

ASHFORD BAPTIST CHURCH Page 5

REPORT OF THE LEADERS / TRUSTEES FOR THE YEAR TO 31 DECEMBER 2024 (CONTINUED)

Page 6

INDEPENDENT EXAMINER’S REPORT TO THE LEADERS / TRUSTEES OF ASHFORD BAPTIST CHURCH

ASHFORD BAPTIST CHURCH Page 7

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 DECEMBER 2024

Notes Unrestricted
Funds
Restricted
Funds
Total Funds
Prior Year
Total Funds
Receipts
Donations and Income (not Gift Aided)
Gift Aided Donations
Gift Aid Recovered
Interest Received
Income from use of premises
Coffee and Play Income
Kitchen Income
Activity Morning Income
Total Receipts
16,209

16,209
11,184
46,630
5
46,640
54,038
15,143

15,143
19,733
3,597

3,597
1,920
15,356

15,356
15,527
538

538
320
1,420

1,420
1,541
416

416
458
99,308
5
99,313
104,721
Payments
Pastor's Salary
Church Pension Contributions
Administrator's Salaries
Church Utilities, Maintenance & Insurance
Children's Work Expenses
Subscriptions & Licence Fees
Kitchen Expenses
Stationery, Printing, etc.
Travel & Training
Visiting Speakers
Local Mission & Outreach
Resources for Services
Equipment
Pastoral Gifts
Donations
12
Security Deposits Returned
Interest on Building Loans
Total Payments




2,097

2,097
3,297
22,500

22,500
17,453
13,061

13,061
9,941
289
23
312
151
1,222

1,222
1,721
1,282

1,282
1,247
1,665

1,665
671
630

630
525
425

425
350
1,894
59
1,953
221
282

282
220
1,645

1,645
6,389
1,282

1,282
610
6,450

6,450
5,298



150



380
54,724
82
54,806
48,624
**Surplus for the year ** 44,584
(77)
44,507
**56,097 **
Balance at 1 January 2024 brought forward
5
1,569,220
82
1,569,302
1,513,205
Balance at 31 December 2024 carried forward 1,613,805
5
1,613,810
1,569,302

Page 8 BALANCE SHEET AS AT 31 DECEMBER 2024 Notè 2024 2024 2023 2023 Flxed Assots Land & Building 1,527.740 1,527,740 CurrentAaJ•ts Cash in H8nd Bank Balances 13 262 136,058 100,028 L•88: Creditors f811in duè within onè èar ,0 Not ¢urr•nt A8¥0ts 128,320 91,812 Total Assets les8 Cufrent Ilabllltlas 1,658,080 1,619.552 ￿￿.. Crodito¥s falling aftor on• yo 8110 142,2501 150,2501 TOTAL Net A¥8ets 1613810 1569 302 Ropr8s•ntsd by.. Unrestricted General Fund8 Designated Fund8 Restsicted FurKI8 1,613,658 147 1,568,619 613 1,569,232 70 1,613.805 Tgtsl Fund$ 1.613,810 1.569.302 Approved by the Board of Trustees Jacqueline B orpe {Church Secretary and Chair of Trustees) 2nd March 2025

ASHFORD BAPTIST CHURCH Page 9

Notes to the Accounts for the year to 31 December 2024 (continued)

NOTES TO THE ACCOUNTS FOR THE YEAR TO 31 DECEMBER 2024

1. Accounting Policies

Accounting Convention, Basis of Preparation and Assessment of Going Concern

These accounts have been prepared under the historical cost convention on the receipts and payments basis as permitted for charities with a gross income not exceeding £250,000, and the Charities Act 2011.

The Church constitutes a public benefit entity as defined by FRS 102 and the Leaders / Trustees consider there are currently no material uncertainties about the Church’s ability to continue as a going concern. Note 13 gives more detail on how the Leaders/Trustees have reached this conclusion.

a) Recognition of Incoming Resources

Incoming resources are included in the Statement of Financial Activities (Sofa) when the charity receives the income.

b) Tax reclaims and donations on gifts

Incoming resources from tax reclaims are included in the Sofa when received.

c) Volunteer Help

No value in the Sofa is attributed to such help but is referred to in the Trustees’ Report.

d) Expenditure Recognition and Liabilities

These items are recognised when they are paid.

e) Governance Costs

These include the costs of Trustees’ meetings, any legal expenses that may arise and any costs relating to compliance with statutory requirements.

f) Fixed Assets

Other than Freehold Property which is shown on the balance sheet at historical cost, the only assets of a capital nature held by the church are furniture and equipment, the cost of which has been written off as incurred.

g) Statement of Cash Flows

The Trustees have taken advantage of the exemption provision for charities with an income under £500,000 per annum and have not produced such a statement.

h) Donated Goods and Facilities

As the Church did not receive any of these during the year, the Leaders / Trustees have not needed to include any such items in these accounts. In the event of them being received in future years, the Leaders / Trustees will exercise their best endeavours to include them at their estimated market value.

i) Bank Balances

These are included in the balance sheet at the total sum shown on the bank statements at the close of business on that date after adjusting for any unpresented items where appropriate.

j) Donations Made

The Church operates a policy of making donations to other Christian organisations working either in the UK or abroad, to assist them in reaching out to others with the Gospel of Salvation. These donations are proposed by the Trustees and agreed by a Church Members’ Meeting. In addition,

ASHFORD BAPTIST CHURCH Page 10

Notes to the Accounts for the year to 31 December 2024 (continued)

on an ad hoc basis, donations to specific organisations are made by individuals during Church events; these amounts are passed on to the organisations concerned. See Note 12.

2. Leaders / Trustees’ Remuneration and Expenses (Related Party Transactions)

No payments were made, nor are any payable, for the year to 31 December 2024 directly or indirectly out of funds of the church to anyone who was a Leader / Trustee during that year or to any person or persons connected with such a Leader/Trustee, with the following exceptions:Expenditure on items purchased for the church were reimbursed as follows:

Claire Pearce
£929 (2023 £110)
Kay Hennah
£50
(2023 £56)
Rob Banthorpe
£334 (2023 zero)
Gifts to Minister:Danny Sitton £550 (2023 £500)

As the pastor is unpaid and gives significant amounts of time and personal resources to the church, the members have decided to make him a Christmas gift of £500 in recognition of this. The other £50 was a present on the occasion of a significant birthday.

3. Freehold Property and other Assets

The Church is the beneficial owner (subject to the relevant trusts) of the following assets, the legal title of which is held by the Church’s custodian trustee, The London Baptist Property Board Limited.

£ Land and Buildings in Church Road, at cost j1,527,740

The Leaders/Trustees regard the church building as an integral component of the church's activities since without the building the church's objects as set out on page 1 would not be achievable. They therefore hold the view that as they have no intention of disposing of the building in the foreseeable future (and could not do so without the involvement of the London Baptist Property Board Limited), the cost of re-valuing the building would serve no useful purpose and would conflict with their responsibility of stewardship of the trust's resources.

4. Taxation

The Church is a Registered Charity. Accordingly, the Church is exempt from taxation on its income and gains where they are applied for charitable purpose.

5. Restricted Funds

The opening and closing balances and movements on restricted funds during the year were as follows:

Name Opening Receipts Payments Closing
Toddlers Book Fund 23 (23)
Outreach Fund 5 5
Welcome Bags Fund 59 (59)
Totals 82 5 (82) 5

Note: The 2023 closing amount for the Welcome Bags Fund was incorrectly recorded as £47 in the 2023 accounts, the remaining £12 being assigned to the General Fund.

ASHFORD BAPTIST CHURCH Page 11

Notes to the Accounts for the year to 31 December 2024 (continued)

6. Contingent Liability

Following restructure of the Defined Benefit part of the Baptist Pension Scheme, the Church no longer has any liability under this DB pension scheme.

7. Governance Costs

No costs were incurred in holding Leaders / Trustees’ meetings during the year and there is no charge for the work of preparing the accounts and providing the Independent Examiner’s Report.

8. Loans

Following restructuring in 2021 and subsequent repayments, the church now has only one loan: an interest free loan from the Philpot Trust, which will be fully repaid by 2031.

The split between current and non-current creditors is as follows:-

Balance at Repayable in Repayable
31-12-24 next 12 months after 12 months
£ £ £
Philpot Trust Loan (2021) 50,250 8,000 42,250

The church has the option to make earlier repayments if it so desires.

During the year to 31 December 2024, repayments of £8,000 were made from the General Fund on this one remaining loan.

9. Creditors: amounts falling due within one year
Loan repayments
Agency collections
10. Creditors: amounts falling due after one year
Loan repayments
2024

£
8,000

-

8,000

£
42,250
2023
£
8,000
216
8,216
£
50,250

11. Designated Funds

The leaders/trustees have decided that out of General Unrestricted Funds they will allocate the following amounts for payment as occasion arises:-

Support for individuals (un-named)
Church Funday costs
Total
2024

£
147

-
147
2023
£
426
187
613

ASHFORD BAPTIST CHURCH Page 12

Notes to the Accounts for the year to 31 December 2024 (continued)

12. Donations

Donations were made to the following organisations during the year to 31 December 2024.

Name 2024 2023
Baptist Missionary Society 1,800 1,800
Faith Awareness in Children Trust 1,200 1,398
Baptist Union Home Mission Fund 1,800 1,800
Sat 7 Trust 600 150
School of Grace 600 150
Frontiers 450 -
Total 6,450 5,298

13. Cash in Hand

The cash in hand is held in two cash floats (within locked cash tins) and in a bag (reserve change). All three are held within the church safe except when the cash tins are in use.

14. Going Concern

The leaders/trustees note the balance sheet shows net current assets of £128,320. This is over 12 months expenditure based on the level for 2024 and in excess of the anticipated expenditure for 2025. Furthermore, the level of income for the year to 31 December 2025 is predicted to exceed projected expenditure for the year. Accordingly, the leaders/trustees hold the view the church will have sufficient funds to meet its financial obligations in the twelve months following the approval of these accounts and therefore it is correct for them to be prepared on the going concern basis.

15. Staff Costs

During this and the previous year the church employed 2 people on a part-time basis to deal with secretarial and administrative matters. The costs of such employments are shown in the Statement of Financial Affairs on page 7.