The Yorkshire Baptist Association (Incorporated)
Company Number: 00181581
Charlty Number.. 247173
yorkshire
baptist
association
THE YORKSHIRE BAPTIST ASSOCIATION
(INCORPORATED)
(A Company Limited by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
*AE2H29FM•
13105r2025
COKPANIES H(MJSE
A13

The Yorkshire Baptist Association (Incorporated)
Contents
Page
Charity Information.
Report of the Trustees.............................................................................................. . ... ...
Independ￿¢ Auditorf5 Repfrt...........
ststement of Financial Artivities.-.......................................................................................
Balance Sheet.................................................................................................................. 12
Statement of Cash Flows.............................................................................................
-13
Notes to the Fonanoal Statements........................................................................,....
.14

Charity Information
The Yorkshire Baptist Assoclation (Incorporated)
The trustees who are also d1￿CtorS of the charity for the purposes of the Companies Att 2006. submlt
thelr report, which also meets the requirements of a Director5 Report for the purposes of Company
Law, and finallcial statements for the year endetd 31 December 2024.
These financial statements have been prepared in accordance wtth Accounting and Reporting by
Charities: Statement of Recommended Pracbce applicable to charities preparing their financial
statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of
I￿land {FRS102) {effective l January 2019) as detailed in the accountin9 polioes.
R¢fer¢n¢¢ and administrative deta51s of the charlty. Its trustees and advisors
Charity name:
The yorkshi￿ Baptist Assooation {Incorporated)
Charity registration number-.
247173
Company registration number- 00181581
Re9lstered offlce and prlncipal operating address
17-19 York Place, Leeds, LSI 2EX
The following trustees have hdd office slnce l January 2024:
Rèvd Kenneth Brown
Revd Charlotte Henard
Mrs Gill Knowles (until 12th Feb 2025)
Mr Dean Th¢Ype
Mr John Crosse
Revd Joseph Kapolyo
Mr Kevin Quinton
Our bankers are:
Virgin Money
94-96 Briggate
Leeds LSI 6NP
The Charities Official Investment Fund
80 Cheapside
London EC2V 6DZ
Our auditor is:
Azets Audit Setvices ￿rnr(ed
12 King Street
Leeds LSI 2HL
Our investments advisers are:
LGT Vestra LLP
14 Comhill
London EC3V 3NR
Our solicitors are..
The Association does not currently have an appointed legal adviser. When legal services are requlred,
we have access to different firms depending on the area of work required and the approprlate firni Is
appointed on a task speofic basis. During 2024 the following firnis were appointed:
Anthony Collins Solicitors LLP
134 Edmund st￿et
Birmingham B3 2ES
Shakespeare Martineau LLP
1st Noor, One Colton Square
Leicester LEI IQH
Page l of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees
The Yorkshire Baptist Association {Y8A} has a 9oveming {￿UMent whlch contains our Articles of
Association. It was updated in 2014 and accepted by both the Charity Commission and Companies
House.
The YBA 15 Served by the Executive (trustees and directors) and by three wotl(ing groups who are
appointed by the Executive.. Finance, Ministry and Trust gmups. Each wotking group has a Standin9
Order which outlines the role of the working group and its areas of vrfork. The groups report to the
Executive on a regular basis as the Executive has overall responsibility for strategy and policies,
financial practice, and partnership. Copies of the governlng document and working group Standing
Orders can be provide¢l upon ￿qUest.
Trustees
Our trustees are elected by the member churches of the Association in è way that gives balance of
representation antl meets a9reed criteria. Some trustees are co-opted to faolitate good balance. The
trustees are also d1￿CtorS of the YBA. Trustees a￿ usually appoirbted for a th￿e-year term resulting
in some stepping down each year. A nomination and appointment pro￿5 is undertaken In
consultation with member churchès to seek new trustees. Trustees are shown on pa9e l. We have
adopted a practice of proactivety seeking out potential new trustees from arnon9St our member
hurches and inviting 5Ultable people to attend 213 Executive meetings as observers. This enables
them to better undèrstand the work of our trustees and dirertors before they are nominated by thelr
home ¢hur¢h or co-opted to the Executive. During 2024 two individuals attended meetings on this
basis,. one has confim*d that they are willing to serve. and it is arbticipated that they will be appointed
in 2025.
Trustees a￿ given a copy ofthe A￿lation"S governing dt)¢ument and the Staff & Trustees Handbook
which contain5 inforrnativn about their roles and responsibilities. The Handbook includes relevant
information from the Charity Commission. An away day for the tru5tee5 and Regional Ministers is held
to provide more time for prayer and discussion for the vision and work of the Y8A as distlnrt from the
"business. matters considered during Executive meetings.
Association Team
The Association is served by..
Revd Dr Adenlke Adebajo
Revd Ann Chesworth
Iri5 Cheung
Hilary Dockerill
Revd Peter Dunn
Revd Graham Ensor
Naomi Fennell
Debbie Gamble
Revd Dr Alex Harris
Hannah Harris
Revd Kez Roblnson
Jodie Thorpe
Dean Thorpe
Regional Minister
Trust. Property & Legal Officer
Administrator
Administrator until 15 May 2024
D5scipleship Enabler
Reoional Mit)isrer Team Leader
Young Adult Lead
Office Manager
Reoional Minister Pioneering & Church Planting
Finance Officer
Regional Minister untll 31 August 2024
Children. Youth & Families (LYF) Enabler until 31 Ortober 2024
Treasurer
Partne￿hIpS and Related Partles
The Assoclatlon wot*s In partnershlp wlth Northem Baptlst College, St Hild College, Biglife Europe.
BMS World Mission, other Regional Baptist Associations. and ecumenical bodies across Yorkshire. fn
April 2023, we engaged BECreative (Social We Talk Limited) to provide a communications consultancy
to the A5s0ciatlgn through Ben Elliott and that relab"onship conts.nued during 2024.
The A55ociation is 4 member of the Baptist Union of Great Britain (BUGB) as our related party whlch
means that we receive national guidance on Various matters.
In the interest of transparency and pmts"ty, the Association maintains a register of trustees. interests
and those of close family members. All members of the Executive are Invited to declare any matters
which might influence their COndL￿ in respect to the Association's business. This register is open to
public in5pertion. Declaration ot Inte￿sts is also induded as a standin9 Item at every Executive
meeting.
Page 2 of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees (continued)
Partnershlps and Related Partles (contlnued)
During 2024 we have continued to develop partnerships in practical ways. seeking to be collaborative
whilst at the same b.me bringing YBA focus to the partnetships.
Objectlves & Actlvltles
The objects of the YBA a￿ the advancement of the Evangelical Christian faith and its prartice in
Yorkshlre or elsewhere according with the printiplès of rhe Baptist denomlnatlon.
The YBA is a network of over 90 churches. individually anLI collectively committed to particfjpatlng In
the mission of God. Our vision is to'make disciples by multiplying healthy churches across Yorkshire,.
We do this by ￿lating with, renewing. and resourcing the local church. which is the primary agent for
God's mission, and also throu9h investing in the YBA'S six priorities which are..
anting, revitalising. and reimagining
Leadership development {Continuin9 Ministerial Development)
Developing a pipeline of youn9er missional leaders
Creating nev4 pathways into missional ministry
Promoting Justice and encouraging diversity
Supporting digital development
When reviewing the aims and objectives of the tharity and in planning future a¢tivitfies, the Trustees
have cornplied with the duty In section 17 of the Charities Art 2011 and have due regard to the publlc
benefit 9uidance published by the Commission.
During 2024 the Trustees agreed that the Senior Leadership Team would undertake a review of the
Association's vision and priorities as they had been in place for two years with the outcomè frtsm this
being likely minor changès to the vision language and the priorities. Following an initial review and
discussion by Trustees, further significant wor1( was identified as being needed to ensure a cohe￿nt
response to points raised by Trustees. This Is ongoing into 2025.
Achi•vements and Perforniance
In 2024 we continued to focus on our lon9-term vision of 'maklng dlsclples by multiplying healthy
churches across Yorkshi￿. and the six priorities {above) which are always at the forefront of our
decisions and artions. Reflerting on our plan5 for the year which were identified in our 2023 Trustees
Report, we are pleased to report that out of the six art￿n$ identfjfied. five were achleved.
Much of the work of the Association relates across more than one of our priorities. and we hope that
the highlights shared below provide an overview of key achievements during the year.
Tejm
2024 was a season of change in the Association tearn. Hilary Dockerill conduded her
Admirtistrator role in May, and we We￿ sad to say farewell to Kez Robinson. one of our Regional
Minister5, at the end of the summer. Jodie Thorpe who served us so well as our Children, Youth and
Families Enabler stepped Llown from this voluntary r(Ae in October. As a result of these changes, we
undertook two recruitment searche5 during the later stages of 2024, one for a Regional Mlnister and
one for an Administrator. We are pleased to report that both searches were successful, appointments
were made, and two new team members will bÈ Joinlng us In 2025.
During the year, the Staff Team have continued to pray together- prnying inio the vision and
priorities of the Asso¢Èation and for our member churches and leaders. Along with a time of prayer on
Monday and monthly Prayer & Fasting Days, each Wednesday members of the Team meet online with
a minister to hear from them and to pray for them and their ministry. Of particular note in 2024 was
our September Prayer and Fasting Day Ignite. This day coincided with a national prayer initiative in
partnership with Fresh Streams and BUGB. Hosted by Rothwell Baptist Church, Leeds. members of
the YBA team and folk from churches across the Association 9athered and spent the day in prayer
together, Feedback frnm Ignite and from our Wednesday prayers is very positive. and we know that
they are greatly appreciated by those who we connect with, whether this is in-person or online.
Our partnership with BigLife Europe remains irnp¢Ytant in the context of disclple making rooted in
Biblical principles from the early church. We greatly value the relationship we have with Revd Peter
Dunn as our Discipleship Enabler and are thankful that 30 YBA churches have been dirertly served
Page 3 of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees (continued)
Achlevements and PerfornIan￿ (continued)
by Peter and Biglife in the past S years. Our YBA Discipleship Pathway has been further developed to
a year-long programme where individuals a￿ encoura9ed to put disciple making principles into
practice in their gwn cgntext after an overseas visit and strurtured support and encouragement, all of
this facilitated by Peter. Our current arran9ement wrth Biglife comes to an end in August 2025- and a
thorough review will take pla￿.
As detalled In our 2023 report and followlng the necessary govemance and legal work, the St Hild
Centre for Baptist Ministry (CBM) was officially launched in September 2024. The Centre offers
undergraduate. graduate and postgraduate study optsons for Baptist students alongside a pro9ramme
of formation for Baptist Ministers in Training, with a fully accredited route to BUG8 ministry. This will
be a vital tool as we prioritise leadership devèloprnent and support younger missional leaders
both key strands a5 we look to plant. revltslise and reimagine thurch for the future. Our Regional
Minister, Nike. has been released part time to lead the first academic year of the Baptist Forrnation
programme at St Hild CBM.
Another element of our partnership 15 through the St Hild Centre for Church Planting,. in recognltlon
of the YBA'S planting priority. our Regional Minister for Pioneering and Church Planting. Alex, has
continued in his secondment for a proportion of his time to the role of Dirertor of Baptist Planting.
At the beginnin9 of 2024, YBA trustees received a Grant Revw which had been undertaken by Finance
Officer. Hannah. Reflecting on a thorough historic review. summary of key issues and a number of
recommendations, a new YBA Horne Mission Grants model was agreed. The Model includes small,
mediurn and lar9e grants. all are ali9ned with ourYBA vision and prlorbtles. there is an increased
emphasis on partnership between the ch¢Jrch and Assooation for medium and large grants, and the
application and approval processes ha5 been updateil.
As a member As500ation of the Baptist Union of Great Britain {BUGB), we are ever mindful of the
potential impact of national issues on the Assooation ané our member churches. An on90ing Financial
Model Review bein9 undertaken by 8UGB is taking place and as Y8A Trustees we are monitoring
developments as matters progress. During 2024, the￿ were also amendments to the BUGB Ministerial
Recognition Rules which ￿late to those who are seeking BUGB accreditation and to those who are
already BUGB accredited. ￿$tenIng Spaces were offered to ministers and leaders in the YBA. gratitude
was expressed for these opportunities to reflect both Individually and together. and also for the YBA'S
posture on these challenging issues.
Two key events held during 2024 were our Assembly and AGM which took place at Cornerstone
Baptlst Church, Leeds in May and our Ministers Conference which was held In Scarborough in
October. Both were very well attended. Our Assembly took the theme of "Make Room: Together
making disciples and multiplying churches in Yorkshire- so was directly aligned with our vision. Along
with a key-note speaker, we also heard from folk within the Association. reflecting on what we can
learn from one another. Seminar options induded one led by our own CYF Enabler and one ls)oking at
Projett Violet. refiecting on the experience of women in our BaptlSt family. led by Reglonal Minister,
Nike.
With an eye on our priority of promotin9 justice and encouraging d5verslty, two key elements
uring the year were our YBA conference -From every nation: Building •n Inter•Ethni¢ Church-
held In Apdl and our engagement with Projert VioleL Moo than 100 people sSgned up for the
Confe￿nCe which was focussed on how we can grow authentic expressions of church, from mulb..
ethnic church to inter-ethnic church. Following the conference a Learning Community was fom)ed
involving YBA churches. and this is being facilitated by Regional Minister, Nike. Project Violet is an
investigation into women's experiences in ministry hosted by the Centre for Baptist Studies of Regent's
Park Cgllege. YBA trustees have considered the Project Violet report and particulady the requests for
change which are made to Baptist Assooations. A small working group was fomied to work through
the report and our Commitment to Actlon was submitted to the Project Vlolet team.
As ever Ministry Matt¢rs remain a core activity for the Regional Ministers. Thls includes supporting
member churches when ministries end and facilitating their access to the settlement proces5 when
seeking new ministers. We are also involved in supP)￿n9 those who are exploring a call to Baptist
rninistry, those who are in training and ministers who are in the newly accredited phase of their
rninistry.
Page 4 of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees (continued)
Achievements and Perlormance {continued)
Aligned with our priority of developing a pipeline of younger missional leaders. 2024 has seen the
fruits of our investing in young adults, specifically through our Young Adult Lead and through the work
of our Regional Ministers more generally. We have been identifyin9 where young adults are locate¢J in
our churches and reaching out to connect with them in fneanin9ful and prartical way5. The Gen Z
{18-25-yÈar-oldl gathering which began in 2023 has continued to meet rr￿nthlY for prayer, worship
and evangelism. led by young adults themselves. They have become part of the SEND Spoffire network
nd. supported by the YBA. young leaders are emerging from that group. The YBA supported a trip
to the Philippines, taking 6 young adults where they engaged in leading a Youth Camp, supporting
local churche5 and activities. Post this trip, 2 members are now Involved In leadlng In student mlnlsrryi
and 2 others have been involved in supporting leading worship in another local Baptist Church with
growth of new believers. Young adults from our region have been involved in leading at city wide
vrforship events, speaking at a local church deacons. day, leading worship at our combined prayer day
and Joining one of the Regional Ministers on a ministry weekend.
The Regional Ministers have worked alongside new orexisting churches who are exploring mernbership
of the Association and of BUG6. In 2024, this has induded Grace Gospel Church. Leeds who are now
in a period of tran51tion with Hunslet B4Ptist Church- All Nations Church, Fir Vale, Sheffield who were
welcomed into membership- and The Well at Woodseats. Sheffield v4ho a￿ in the process of finalising
their membership application. Each of these expressions of church afe unique. reflerting at least one
of our priorities of plantlng. revitslisin9 and reima9lning.
Safeguarding continues to be a key are4 of work fi)r the Association with our Safeguarding Trustee
supporting the Regional Team Leader and ¢Yfice Manager. Alongside providing general advice to our
member churches and ministers. the Association is available tts support churches should a
safeguarding tncident occur. In total two thirds of our member churches required advice or support
with safeguarding matter5 during the year. We have a150 provided input into new churches and new
expressions of church who are seektng rnember5hip of the ￿sOCIation, ensuring before they corne
into rnembership that they have policies and processes in place that are fit ft*r purpose in the context
of their mission fiekl. Safeguarding troining is offered using the excellent training resources provided
through BUGB. During 2024 14 training sessions were held and more than 250 training places were
taken up. All of our safeguarding support and training is rooted in BUGB'S Excellence in Safeguarding
resources which are freely available online to our member churches. Noting the increase in requests
for support around safeguarding and ￿COgnis1ng the importance of -getting it ri9ht-, following a review
of 2024 we will be exploring how the Association's safeguardin9 provision can be strengthened in
2025.
Our Reglonal Minlsters continue to provide Vlslon and Revlew days for member churches as
requested and several fellowships benefitted fvom this provision. These days and the support that
follows are tailor made for each specific church. with a focus on supporting the leaders and church
members to revlew, reflect and look forwards in their mission focus.
Flnan¢ial Revlew
During the year to 31 December 2024 the YBA had a total income of £601,175 (2023.. £722,152).
There were gains on the valuations of invèstmènts of E66.564 {2023.. £92,992). The total expènditure
was £547,061 12023.. £665,149). The net result of the year was net movement in funds of £120,678
(2023.. £L49,995). The trustees are mindftjl that the dose(I church buildin9s and burial grounds carry
with them significant but largely unquantifiable costs for repair and maintenance.
The trustees acknowledge w¥th gratitude finanoal support received from The Harry Bottom Charitable
Trust of £30,0(KI (2022= £30.000).
The YBA has been blessed through many finanoal and other generous gifts of time and expertise.
The YBA'S reserves policy conts.nues to comprise of two elements.. firstly, the YBA maintains a general
reserve equivalent to approximately six months, General Fund expenditure (approximately £240,000),
and secondly, the YBA only maintains ￿Stricted ￿SerVeS where the purpose is evidently prartical. If
any restrirted reserve ceases to be artive the YBA tskes the appropriate adminlstratsve, legal andlor
regulatory steps to wind up the reserve and then transfer remaining balances into the general fund.
Target reserves will be achieved by rnaintaining a significant cash balance in addition to invested
Page 5 of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees (continued)
Fin•ntial Review (continued)
assets of relatively easily realisable nature. The charity's free resetves at 31 December 2024 excluding
restricted funds and fixed assets totalled E756.175 {2023. E743.574).
The YBA'S Executive group is responsible for annually reviewing and appro¥in9 an investrnent policy
5tatetnent which sets out a strategy and polioes for risk, ethi￿, delegation of authority, reporting and
trainin9 and guidance. with respect to the Y8A's cash management and investment5. The policy, whbch
complies with the Chamty Commlsslon recommended best practice ensU￿S that the Y8A Is able to
Control and utilise its funds effectively in a controlled framework. The YBA'S objertive is to generate
income and capital retums, which will enable the YBA to t least maintsin the real capital value of the
portfolio so that the base from which income is derived is maintained in ￿al terms. The YBA seeks to
employ investment managers to ensure proper management of the assts and to obtain the returns
required within acceptable leve15 of risk.
The YBA engages irb effertive treasury management (maximisation of the short-term cash balance
through effective management of debtors. creditors. and payroll) so as to identify surplus cash
available for investment, and to maximise the retum on that money while minimisiTrg the associated
risk. The overriding principle of the YBA'S investment policy is to avoid risk rather than to maximise
retum, whilst meeting the liquidity needs of the YBA. The key crfjteria for assessing the deslrability of
any potential investment. therefore. Is security. Ilquldity and yield respectively. All short-temi
investments are paced with or9anisations that have a credit rating of AIIA+ or above and no single
inve5trnent is placed for a period greater than 2 years. Total Investments with any one organisation
will not normally exceed £1 million. Investments for periods in excess of three months wlll be placed
to provide a spread of maturity throughout the year to meet liquidity.
Plans for 2025
Looking to the future, our kty plans for 2025 will indude:
The review of our vision and priorities, continuing from 2024.
A review of our partnership with Biglife Europe.
Exploration of options for safeguarding support in the context of InC￿asing needs.
Implementsb'on of the new suite of Home Mission Grants aligned with YBA vision and priorities.
Exploration of options for our Chlldren Youth & Families work
As always. the trustees wish to say a big thank you to the many people who contrlbute to Assoclatlon
life during the year. Without the support of the many volunteers who serve on our groups and who
support the work of the Association Team in pra￿Cal and prayerful ways, we would not be able to
report on suth a di¥er5e and wide-ranging scope of activity and work.
Fund5 Held as Cystodi•n TNst••
The YBA. as Custodian Trustee, holds certain assets for member churches and associated charities.
The trustees do not have any direct title to the funds but administer these investrnents within the
frarnework of the Charities Act in consultats.on with our investment advisers and the objectives of the
individual churches. The objectives of the churches and charitres are in line with the objectives of the
Association shown in this Trustees. Report.
The details of the assets of each ojstodian fund held on behalf of the church or charity are set out in
Note 20 in the finanaal statements.
Auditor
The auditor, Azets Audit Services Limited. is deemed to be reappointed under sertion 487(2) of the
Companies Ad 2006.
Page 6 of 30

The Yorkshire Baptist Association (Incorporated)
Report of the Trustees (continued)
ststement of Responslb115tles of the Trustees
Company law requires the trustees to prepare financial statements for each financial year which give
true and fair view of the state ot affairs of the company as at the end of the financial year and of
the surplus or deficit of the charitable company for that year.
In preparing those financial statements the trustees are reqvired to:
Select suitable accourttlng policles and then apply them conslstently*
Obserye the methods and prinoples in the Charities SORP,.
stste whether applicable UK Accountin9 Standor(Is have been followed. subject to any material
departures disclosed and explained in the financial statements:
Make jud9ements and estimates that a￿ reasonable and prudent.
Prepare the financial statements on the going concem basis unless it is appropriate to presume
that the company wlll continue in bJsiness.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at arby time the financial position of the company and to enable them to ensure that the
financial statements comply with the Companie5 Act 2006. Thèy are also responsible for safeguarding
the assets of the company and hence taking steps for the prevention and detection of fraud and other
Irregularitles.
Small Company Rules
Thls report has been prepared in accordance with the speaal provisions of Part 15 of the Companies
Att 2006 ￿lating to small companies. It was approved by the Board on
. and signed on its
behalf by:
C7hy
Kevin Quinton
Tntstee and Chalr of Twstees
Dean Thorpe
Trustee and Treasurer
Pa9e 7 of 30

The Yorkshire Baptist Association (Incorporated)
Independent Auditor's Report to the Trustees of The Yorkshire
Baptist Association (Incorporated)
Oplnlon
We have audited the financial statements of The Yorksh1￿ Baptist Association {Intorporatedl (the
'charitable cornpony.) for the year ended 31 December 2024 which comprlse the Statement of
Financial Artivities. the Balance Sheet, the Statement of Cash Flows and the related notes to the
financial statements. including a summary of significant accounty'ng policies. The finanaal reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
standards, including FRS 102 The Financial Repo￿n9 Standard applicable in the UK and Republic of
Jreland {United Klngdom Generally Accepted Accountlng practi￿).
In our oplnion the flnancial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 December
2024 and of its incoming resources and application of resources including, the income an
expenditure for the year then ende(J-
have been property p￿pared in accordance with United Kin9dom Generally Accepted
Accounting Practice,. and
have been p￿Pared in accordance with the requirements of the Companies Art 2006.
Basls far opinion
We conducted our audit in accordance with Intèmational Standards on Audtting (UK) IISAS (UK}) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the finanoal 5taternents sertion of our report. We are independent of
the charitable company in accordance with the ethical requirement5 that are relevant to our audit of
the financial statements in the UK. indudin9 the FRC'5 Ethical Standard, and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audit evidence
we have obtained is suffioent and appropriate to provide a ba515 ft)r our opinion.
Con¢luslons relatlng to going concern
In auditing the financial statements, we have concluded that the tnAstees' use of the 90ing con￿rn
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we hove not iderbtified any mèterièl uncertaintr'es relating to
events or condikn.ons that, individually or collecbvely, may cast significant doubt on the charitable
company's ability to continue as a going concern for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responslbilltles and the responsitM"lrties of the tnjstees with respert to going concem are described
in the relevant sectlons of this report.
Other informatlon
The other informakn.on comprises the information induded in the annual report other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other infomiation
contained within the annual report. Our opinion on the financtal statements does not cover the other
infom)ation and, except to the extent otherwise explicitly stated in our report, we do not express any
rorm of assurance condusion thereon. Our responsibility is to ￿ad the other information and. in doing
so. consider whether the other inforrnabon is materially inconsistent with the financial statements or
our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated.
If we identify such mèterial inconsistenoes or appa￿nt material misstatements, we are required to
determine whether thls gives rise to a material misstatement in the financial statements themselves.
If, based on the work we have perforn)ed. we conclude that there is a Material misstatement of this
other inftlmiation. we are required to report that fatt.
We have nothing to report in this regard.
Page 8 of 30

The Yorkshire Baptist Association (Incorporated)
Independent Auditor's Report to the Trustees of The Yorkshlre
Baptist Association (Incorporated) (continued)
Oplnlons on other matters prescribed by the Companie5 ALt 2006
rn our opinion, based on the work undertaken in the course of our audit..
the Information given in the TnJstees' report for the financial year for whlch the financial
ststements are prepared is consistent vrfith the financial statements; and
the Trustee5' ￿Port has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment
obtained in the course of the audit, we have not identified material misstatements in the Trustees,
report.
We have nothing to report in ￿Spect of the follovding matters ¥vhere the Companies Act 2006 ￿quireS
us to report to you if, in our opinion-
adequate accounting records have not been kept, or ￿tUrnS adequate for our audit have not
been received from bronch*s not visited by u5- or
the finan¢lal statements am not in ag￿ement with the a¢¢ounting re¢ords and retums.. Or
certain disclosures of dirertors. remuneration specified by low are not made,. or
we have not received all the information and explanabons we require for our audit.
Responsibilities of trustees for the financial ststements
As explained more fully in the Trustee5' responsibilitie5 Statement. the trustees are responsible for the
preparation of the finanoal statements and for being satisfied that they 9ive a true and fair view, and
for such internal control as the trustee5 determine is necessary to enable the preparats.on of financial
staternents that are free from material misstaternent. whether due to fraud or error. In preparing the
financial statements, the twstees are responsible for assessing the charitsble company's ability to
continue as a going concern. disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting ijnless the trustees either intend to liquidate the charitable company
or to cease operations, or have no realistic altemative but to do so.
Auditor's responslbilltles for the audlt of the flnanclal statements
OLtr objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditor's report
that indudes our opinion. Reasonable assurance is a high level of assurance but Is not a guarantee
that an audit condurted in accordance with ISAS (UK) will always detect a material misstatement when
it exlsts. Misstatements can arise from fraud or error and a￿ considered materfal If. Indlvldually or In
the aggregate, they could reasonably be expected to influence the economic declsions of users taken
on the basis of these financial statements.
A further description of our responsibilities is available on the Financial Reporting CoLtncil's website
at.. https'./lwww.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's ￿pOrt.
Extent lo whl¢h the audlt wa$ Consldered upable of detectlng Irregularltles, In¢ludlng fraud
Irregularitles, includlng fraud, are instances of non-compliance with laws and regulation5. We design
procedu￿$ in line with our responsibilities. outlined above and on the Financial Reporting Council's
website, to dètect material mi55tstements in respect of irregularities. includin9 fraud.
We obtain and update our understanding of the entity, its activities, its control environment, and likely
future developments, induding in relation to the legal and regulatory framework applicable and how
the entity is cornplying with that framework. Based on this understanding, we Identify and assess the
risks of material misstatement of the financial statements. whether due to fraud or error, design and
perfonn audit procedures ￿SpOnSive to those risks, and obtain audit evidence thot 15 51Jfficient and
appropriate to provide a basis for our opinion. This includes consideration of the risk of att5 by the
entity that were contrary to applicable laws and ￿9￿lations. induding fraud.
Pa9e 9 of 30

The Yorkshire Baptist Association (Incorporated)
Independent Auditor's Report to the Trustees of The Yorkshlre
Baptist Association (Incorporated) (continued)
Extent to which the audit was ¢onsid¢r¢d ¢apable of detectlng Irre9ularltles, iThcludin9 fraud
{continued)
In response to the risk of i￿egula￿tieS and nonrfompliance with laws and regulations, indudlng fraud,
we designe(1 procedure5 which induded=
Enquiry of management and those charged with governan￿ art>und actual and potential
litigation and claims as well as artual, suspèrted and alle9Èd fraud-
Reviewing minutes of meetings of those charged with go¥Èmance;
Assessing the extent of compltrance with the laws and regulations ¢tsnsidered to have a dirett
material effert on the financial statements or the operations of the charitable company
through enquiry and inspection-
Reviewing financial statement disdosu￿s and testr.ng to supporting documentation to assess
CQTnpliance with applicable laws and regulations-
Perfom)in9 audit work over the risk of management bias and override of controls, includlng
testing of Joumal entries and other adjustments for appropriateness, evaluating the busines5
rationale of significant transactions outside the normal course of business and reviewing
a￿OUntIng estSmates for Indicators of potential bias. and
Performing audit work over the timing and recognityon of income and in particular whether it
has been recorded in the correct accounting period.
Because of the inherent limitations of an audit. there ts a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-compliance wlth
regulation. This risk increases the rn0￿ that compliance with a law or regulation is ￿mOVed from the
events and transact(ons reflected in the finanaal statements, as we will be le55 likely to become aware
of instances of non-compliance. The risk of not detecting a rnaterial misstatement resulting frorn fraud
is hi9her than for one resulting from error, as fraLJd may involve collusion. forgery, intentlonal
omissions, misrep￿Sentat1Ons, or the override of internal control.
Use of our report
This report is made solely to the charitable company's members. as a body. in accordance with Chapter
3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mi9ht State
to the charitable company's members those matters we are ￿quired to state to them in an auditor's
report and for no other purpose. To the fvllest extent permitted by law. we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company's members as
a body. ft)r our audit work. for this report. or for the opinions we have formed.
J&ssiGa L4wr&n66
Jessica Lawmnce
For and on behalf of Azets Audlt Ser¥ice5 Limited
2310412025
hartered Accountants
Senlor Statutory Auditor
12 King st￿et
Leeds
LSI 2HL
Page 10 of 30

Th¢ Yorkshire Baptist Association {Tncorporated)
statement ol Flnandal Actlvltles lor the year ended 31 Decwnber 2024
(Including Income and Expenditure Account)
Tutal
Funds
Fwrfs
Fun
2023
2024
IrKom• Iram:
DonJtiWS Jnd
Chariiat4e attfvities
30.fXIO
$01.489
69,686
601.175
30.000
636.200
52,170
720,370
30.000
638.200
53,952
7Z2.152
501.489
67.162
596.651
Investments
2.524
1,782
1,782
Total Incom•
2,524
Fxp•Thd6tur• orr.
RaL4ing Funds
ChartrJWe Jctlvtrle5
27,268
SL8.691
545,959
27.268
5L9.793
$47.OSL
161,039
503,203
664,242
16L,039
S04.110
665,149
Total eApenditure
1.102
94lns
SZ.692
1.422
54,114
56,128
875
57,003
Ner 9ainS ¢n investments
N•* rno¥am•Tht in funds
io
62,608
IIS.3fy)
3.9
5.378
90,920
147.048
2,on
2.947
92,992
149.99S
13114
120.678
84lJnce brw9ht forward
13114
3,96S,103
158.281
4.123.384
3.816,055
155,334
3,973,389
13114
4.080.4QJ
163.659
144.062
3.96S.103
IY.201
4.113.384
Tre statement finaDrial attiyities indudE5 all gain5 and 1055e5 r￿niSed in thE year. •Jl incotne and eKpendrture denve from cyntinuing activ￿￿5. Th
ntstestsD page5 14 to 30 f0ml￿rtO1thESe 5tatement.The 5fatefneni offinalla￿ ￿￿￿￿eSa￿0(0rn￿￿Swth the requirernents foran Income and expendlture
ctount ￿nder￿t compan￿ 20C6.
Pa9E 11 30

The Yorkshire Baptlst Associatlon (Incorporated)
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed assets
Tangible assets
Investment5
1,065,919
2.387,517
3,453,436
915,919
2.428,911
3,344,830
io
Current assets
Debtors
li
78,842
1.015.333
1,094,175
197,759
921.726
1.119.485
Cash at bank and in hand
Llabllltles
Creditors- Arnounts f4lling due within
one year
Net current assets
12
(303,549)
{340,931)
790.626
778,554
Total assets less current liabilities
4,244,062
4.244.062
4.123.384
4.123,384
Total n•t a55ets
Funds
Restrirted funds
Unrestricted funds
13114
13114
163.659
4,080,403
4,244.062
158,281
3,965,103
4.123.384
The financial statements have been prepared in accordance wtth the special provisions of Part 15 of
the Companies Act 2006 applÉcable to small Companies.
2210412025
These financial statements were approved by the board on ...........................
by..
and signed on its behalf
Z¥ax C fv*pe
Kevin Quinton
Trustee and Chalr of TNstees
Dean Thorpe
Trustee and Treasurer
The notes on pages 14 to 30 form part of these finandal statements.
Company number. 00181581
Page 12 of 30

The Yorkshire Baptist Association (Incorporated)
Statement of Cash Flows
for the Year Ended 3 1 December 2024
20Z4
2023
Cash Flows from operatlng activltles:
Net cash used in operating activities
18
(84,037)
(96,218)
Cash Flows from investin9 artivities:
Dividends, interest and rents from Investments
Pro¢eeds from the sale of fixed assets
PrO￿ed5 from sale of investments
69.686
53.952
685,865
1,284,656
1 170 081
664.172
556 214
Purchase of investments
Net cash provided by investin9 artivltles
Ch•ng• In cash and cash equivalents in the y•ar
Cash and cash equlvalents at the be9lnnlng of
the
ear
Cash and cash equivalents at the end ol the
93,607
758.174
921 726
163 552
1 015 333
921 726
The Charity had no debt in this or the previous year.
The Charity also holds cash In Investments of É23.097 {2023- £69.601). this is held for investing
purpose5 and #ccortlingly is rbot induded in the cash balances above.
Page 13 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Flnancial Statements for the Year Ended 31
December 2024
Accounting poli¢i•s
The principal accounting policies adopted. J"udgements and key sources of estimation uncertainty in
the p￿paratIOn of the financhal statements are as follows..
Charlty Inforniatlon
The Yorkshire Baptist Association is a charitable company. The registered office is 17-19 York Place,
Leeds. L51 2EX. The organisation's Charity Number is 247173 and its company number is 00181581.
Basis of preparation
The financial statements have been prepared in acCOrdar￿ with Accounting and Reportlng by
Charities.. Statement of Recommended Practice applicable to charities p￿parIng their financial
Staterrents in accordance with the Financial Repowts"ng Standard applicable in the UK and Republic
of Ireland IFRS 1021 {effecbve l January 20191 I"Charities SORP {FRS 102)"). the Companies Act
2006 and the Charities Act 2011.
The Yorkshire Baptist Association meets the definition of a public benefit entity under FRS 102.
The financial statements are prepa￿d in sterling, whlch Is the fijnctional currency of the Char￿v.
Monetary amounts in these financial ststements a￿ rounded to the nearest El.
The financial statements have been prepared under the historical cost conventlon, modlfied to
include certain financial instruments at fair value. The principal accounting policies adopted are set
out below.
Going CO1b¢ern
The trustees have prepared finandal projectoons. taking into consideration the current economlc
climate and its potential impart on the sources of income and planned expenditu￿. They have a
reasonable expertation that adequate financial ￿SOurCeS are available to enable the charity to
continue in operational existence for at least 12 months from the date of signing this report and
have adequate contingency plans in the event that income streams are reduced. Consequently. the
financial statements have therefore been prepared on the basis that the charity is a going concern.
Whilst there 15 considerable economic uncertainty particulady over the impart of inflation, the charity
continues to maintain considerable cash reseNes. more than sufficient to meet its Immediate
requirements, and the ability to ￿duce grants awarded in the futu￿. Thus. the trustees have
continued to odopt the going concern basis of accountin9 in p￿paring the financial ststements.
Zncome
Income is ￿¢)￿nISed when the charity has entitlement to the funds, any perfomiance conditions
have been met. it is probable that the income ￿11 be received and the amount can be measured
reliably.
Income from doset1 churches repre￿ts the fair value of assets transferred to the charity upon
closure of a church. Any excess or defiot on sale is recogni5ed as Profit on Sale of Closed Church
Buildings.
Income from Govemment fjnd othergrants. whether'capital'grants or'revenue. grants is recognised
when the charity has èntitlement to the funds, any perforniance conditions attached to the grants
have been met, it Is probable that the income will be received and the amount can be measured
liably and is not deferred.
Entitlement to legacies is taken as the earlier of the date on whith either.. the charity is aware that
probate has been granted, the estate has been finalised and notification has been made by the
executorls) to the Charity that a distribution will be made. or when a distribution is received from
the estate. Receipt of a legacy. in whole or in part. is only conSide￿d probable when the amount
can be measured reliably and the charity has been notified of the executorfs intentlon to make a
distribution. Where legacies have been notified to the charity or the charity is aware of the granting
of probate, and the criteria for income recognition have not been met. then the legacy is treated as
a contingent asset and di%losed if material.
Page 14 of 30

The Yorkshire Baptlst Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
Accounting pollcles {¢ontlnued)
Zncome (continued)
Donated seryices and facilities are recognised as income when the charity has control over the item,
any conditions assooated with the donated item have been met, and the receipt of economic benefit
can be measured reliably. In accordance wrth the Charsties SORP {FRS102), general volunteer time
s not recognised. Refer to the trustees, annual report for rn0￿ inforniation about their contribution.
Investment income is included when receivable and the amount can be measured reliably by the
charity.
Fund accountlng
Unr¢strlctod funds a￿ available to spend on the artivibes that further any purpose5 of charity:
Re$trO¢ted funds ￿ present Income which the donor has speafied to be solely used for partlcular
areas of the Charity's work.
Expendlture
Expenditure, which includes irreeovernble VAT, Is recognised once there is a legal or constructive
obligation to make payment to a third party, it is probable that settlement will be required and the
amount of the obligations can be Measu￿ ￿lably.
Expenditure is classified under the following activity headings:
Expenditure on raising funds comprises the Costs associated with fund ralsing activlty,.
Expenditure on charitable activities includes the costs of activities undertaken to further the
purpose of the charity and their assooated support costs,.
Other expenditure represents those items not falling into any other heading.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to ￿fiett
the use of the resource. Costs relating to a particular activity are allocated directly, others are
apportioned on an appropriate basis.
Grants payable are commitments (induding payments) made to third parties in the hjrtherance of
the tharitable objectives of the charity.
Allocatlon of support costs
Support costs are those functions that assist the work of the charity but do not direcdy relate to
¢haritable artivities. Support Costs Indude back-office costs. finance, personnel, payroll and
governance costs which support the Trust's artivities. These costs have been allocated between cost
of raising funds and expenditure on tharitable activibes. The basis on which support costs have been
allocated are set out in note 6.
Operatin9 leases
Rentals applicable in respert of operating leases where substantially all the benefits and rfsks of
ownership remain with the lessor are charged to the Statement of Finartoèl Activitie5 as inCur￿d.
The costs of short-term employee benefits are recognised as a liabilty and an expense where
settlement of obligations does not fall within the same periot1.
Pansions
The ¢haritable Company contributes to the Baptist Pension Scheme which is a multiemployer defined
benefit pension scheme. As explained in note 17, the yorkshi￿ Baptist Association is unable to
identify the assets and liabilities attributable to them in the scheme and there Is no fornial deficit
recovery plan in place. In accordance with FRS 102 amounts pald to the Scheme are accounted for
as if they were those of a defined contribution scheme.
Page IS of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
A¢¢ounting polltles (contlnued)
Tangible fixed assets and depreciation
Individual fixed assets costing £1,000 or more are capitalised. Tangible fixed assets are stated at
cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost
of fixed assets, less their estlmated residual value over their expected useful Ilves as follows:
Freehold & Leasehold land and buildings
Closed churches
Not deP￿CIated
Not dep￿cIated
Freehold & Leasehold land and buildings comprise two manses and three dosed thurth buildings
which are held with a view to furthering the objects of the charity. No depretiation is charged against
these asset5 on the ba515 that the trustees Consider that the residual value is at least equal to the
carrylng value.
Flxed asset investments
Investments are a form of basi¢ finanoal instrumenL
Listed investments are 5tsted at market value at the balan¢e sheet date. The Itsted investment
portfolio is held to generate return5 and gains for the charity and attordingly is desi9nated as fair
value through profit and loss l-FWPL-). Unt1er this designats'on. the portfolio is revalued at each
period end to its fair value, as detemined by reference to quoted market prices ènd vèlues
determined by independent fund managers, with any gains or losses going throu9h the SOFA.
Loans to churches
Loans made by the Y8A to member churches are accounted ftsr as mixed motive investments whith
are measured at historical c05t le55 impairment, subsequent repayments and any accrued interest.
These investments a￿ Mixed motive in nature and in accordance with the Charitie5 SORP {FRS 102)
amounts expensed are accounted ft>r J5 grants to thurche5.
Where interest is charged on loans made to churches. the rate is 0.5% lower than that published by
the Baptist Union Corporation. The rate at 31 December 2024 was 6.50h (2023: 7.25%)
Stod(
No account Is taken of the stock of books and pamphlets. which are written off In the year of wrchase
and are of minimal value.
Flnanclal Instruments
The charity has elected to apply the provisi￿$ of Serti¢)n 11 'Ba5ic Finanoal Instruments. and
Section 12'0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Cash at bank and In hand
Cash at bank and cash in hand includes cash and short temi highly liquid Investments with a maturity
within the 12 months after the balance sheet dats.
Debtors
Debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid
net of any discounts due.
Creditors and Provisions
Creditors and provisions are recognised where the charity has a present obli9ation ￿Sulting from
past event that will probably result in the transfers of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creilitors and provisions a￿ normally
recognlsed at thelr settlement value after allowing for any discounts whlch may be due.
Financtal liabilities a￿ only derecognised wherh. antj only when. the Charity's obligations are
discharged, Cancelled or they expire.
Page 16 of 30

The Yorkshire Baptlst Association (Incorporated)
Notes to the Flnanclal Statements for the Year Ended 31
December 2024
Accounting pollcles (continued)
Crodftors and Provlslons (continued)
Amount5 recognised as provisions a￿ best estimates of the consideration reqUI￿d to settle the
present obli9ation at the reporting end date. taking into account the risks and uncertainties
surrovnding the obligation.
Taxatlon
The Yorkshire Baptist Association is a registered charity and a$ Such is a charity within the meanin9
of schedule 6 of the Finance Act 2010. Attordin9ly. the Charity is potenknally entided to tax
exemption under part 11 of the Corporation Tax Act 2010 or sertion 256 Of the Taxatbon of
Chargeable Gains Act 1992 in respect of income and gains arising.
Crltical Accountin9 Estimates and Jud9ernents
In the application of the charity's accounting policies. the trnstees are required to make judgements.
estimates and assumptions about the carying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based On hlstorical
experience and other factors that are considered to be relevant. Attual results may difter from these
estimates.
The estimates and underlylng assumptions are reviewed on an ongoing basis. Revisions to
accolrnting estimates are recognised in the period in which the estimate is revised, if the revision
affects only that period, or in the period of the revision and fvture periods if the revision affects both
current and fL¥ture periods.
No depreclatlon Is charged on freehokl land and bulldlngs induding closed church buildings whlch
are held with a view to furthering the objects of the charity. No depreciation is charged against these
assets on the basis that the trustees consider that the ￿sIdUal value is at least equal to the carrying
value.
2. Income from donations •nd legacies
2024
2023
Sundry donatlons and legacbes lunrestrictedl
30,000 30.000
Donatlon5 and legacies in the year ended 31 December 2024 include:
Harry Bottom Charitable Trust
30,000
30,000
The Charity benefits greatly from thè involvement and enthusiastlc 5UPPOrt of a number of
volunteers, details of which are 9iven in our annual report. In accordance with FRS 102 the economic
ontribsjtion of volunteers is not recognised in the finanoal statements.
Page 17 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
3. Incom• from charitable acUvltl•s
2024
2023
BUG8 ¢ore funding
Interest on loans to churche5
188.285
25,838
158.900
32.534
In¢tsme from churches for seThl¢es reftde
62.025
49.650
aosed churches income
200,670
292.271
28,084
Profit on sale of d05ed church buildings
Othèr income
24,671
76,761
501.489
638,200
AJI Income from charitable artivities is unrestrirte(l in both the current and previous financlal year.
4. Expendbture on raising funds
2024
2023
Office Costs
16,996
13,113
10,272 147,926
27.268 161,039
Closed ch*Jrch property costs
5. Expenditure on charitable activities
Artivities
undertaken
qlirectly
Grant
funding
of
•rtlvlt5es
Support
Costs
{note 6)
2024
Activity or pro9ramme
Ministry
Mission
37.575
363,537 401,112
118,681
363,537 519.793
118,681
118,681
37.575
Actlvlties
undertaken
dlrectlv
Grant
fundlng
of
activltles
Support
Costs
(note 6)
1023
Artivity gr pro9r•mm•
Ministry
Mission
27.413
364,158 391,571
112,539
364,158 504, 110
112.539
112,539
27.413
Page 18 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
5. Exp¢nditure on charltsble actlvltles (contlnu•d)
Charitable Artivity costs indude the followin9 grants:
2024
2023
Grants to Instltutions:
Misslon Grants
Biglife
NCPRIR, Blackley
St Hild
90.896
12.785
95,439
13,100
4.000
15,000
118,681
112,539
Expenditure ￿ tharitable èctivitie5 wa5 £519,793 (2023- £504.110) of which £518,691 was
unrestritted (2023.. £503,203) and £l.I02 was restrirted {2023: £907).
6. Support costs
2024
2023
staff tt*Sts (note 8)
Reglonal Minlster
Trust officer
Legal expenses
Governance
Other
290,948
19,216
12,670
1,938
12.161
26.604
363.537
285.420
20.909
11,314
8.258
8,874
29,383
364,158
7. t4et Income for the yewr Is stated after charyin9:
2024
2023
Auditor's remuneratr'on Audit (excluding VAT)
Accountanry (exduding VAT)
9,660
6,300
2,300
8.600
9,660
8. Analys1$ of $taff Costs. staff numbers• Ilnandal $tatem¢nts remyneratlon and
exp•ns•s and the cost of key management pwsonn
The average monthly number of employees analysed by lunttion was:
2024
2023
Mission
Ministry
Page 19 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
8. An•lysls of stsff costs {contlThued)
The average number of fvll-time equlvalent employees during the period was as follows:
2024
2023
Mlssion
Minlstry
Staff costs during the year were as follows:
2024
2023
Salaries
Social security costs
Pension costs
Other ￿St5 Icouncll Tax. Water charyes. Accommodation)
218,447
14.870
24,035
33.596
290,948
213.216
13.289
23,444
35.469
285.420
No employees eamed E60.000 or more during the year (2023: no employees).
Pension Costs are allocated to activities in proportion to the related Staffing costs inajrred and are
wholly charged to unrestritted funds.
The Executive are in charge of directing and controlling the tharity, with the Chair5 of the working
groups and the Regional Minister Team Leader comprising the key management personnel and
runnin9 and operating the charity on a day-to-day basis. The total employee benefits of the key
management personnel of the charity are made up of 9ross pay. employerfs pension and employer's
national insurance contributions of £52.616 (2023= £48.669} plus allowances associated with
housin9 of £14.360 (2023: £14.8041.
No trustees received ￿MuneratION for thelr sèrvices during the current or previous financlal year.
Two trustees retelveL1 ￿1mbUrse0 expenses during the year of E453 (2023: two trustees, £83).
In addition to the staff costs shown. the part time Y8A Tnjst Officer. is on secondment from
Harrogate Baptist Church and has been ¢har9ed at £12.141 12023.. £11.295}.
Page 20 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Flnancial Statements for the Year Ended 31
December 2024
9. Tan9lble assets
aosed
Church
Propertie5
Fteehold Land
& Building5
Total
Cost or valuation:
At l January 2024
Additions
Disposals
At 31 December 2024
215.000
150.1)00
700,919
915,919
150.000
365,000
700,919
1.065,919
Depreciation:
At l January 2024 and 31 Oecember
2024
Net book value:
At 31 December 2024
36S,000
215,000
700,919
700.919
1,065,919
915.919
At 31 December 2023
rncluded within land and building5 is one 'restrirted' freehokl property with a historical cost of
£93,761 12023: £93,761}. This represents restrirted funds Used towards providing a manse for
8uttershaw Baptist Church.
At 31 December 2024 there were three closed church properties under the stewardship of the
yorkshi￿ Baptist Associats"on. Longley and Lowerhouses Baptist Church. Cowling Hill and Queensbury
Baptist Church. Queensbury Baptist Church was added to dosed church properties in 2024 following
its closure as a cause in Ortober 2024. It was added at rna￿et value of £150,000 as no historical
cost was available. An at1ditional closed church at Woodseats is induded as Freehold Land & Buildings
as it is now home to a newly planted church. At the balance sheet date. the market value of the
properties have been included at a value of É365,000.
10. Investments
Listed
Investments
Mixed
Motive
Bonds
Cash
2024
Cosvvalue brought
foN4ard
Additions
Disposals
Realised and unreali5ed
ains
Cost/value carried
forward
1.941.492 80.000
337.818
69,601 2,428.911
266.750
(282.499)
80,734
25,001
(84.876)
264,463
556,214
(296,7971 1664,1721
{14, 170)
66,564
2,006,477 80,000
277,943
23,097 2,387,517
Page 21 of 30

The Yorkshire Baptlst Associatlon (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
10. Investments (continued)
Listed
Investments
Mixed
Motive
Bonds
Cash
2023
Cosvvalue brought
forward
Additions
Disposals
Realised and unrealised
ins
Costlvalue carried
fonvard
1.824,410 80.000
500.725
45.359
2,450.494
578.593
1567,210)
105.699
591,488
1,170,081
(162,907) {554,5391 (1,284,6S6)
(12,7071
92,992.
1.941.492 80.000
337,818
69,601 2,428.911
At 31 De￿mber 2024 £35,993 {2023: £162.7991 is included in debtors in re5pert of the mixed
motive investments. These amounts represent loans to churches which total £313,936 12023..
£500,617). The historical cost of listed investrnents is £1.843,072 (2023.. £E.807,826). Bonds and
mixed motive investments which comprise loans to churthes are carried at cost less any provislon
for impaimient.
11. Debtors
2024
2023
Trade debtors
Short temi elernent of mixed motive loans to churches
42,849
35,993
78.842
34.960
162,799
197,759
12, Credltors amounts falllng due wlthln one year
2024
2023
Accruals
9.660
293,889
303,549
8,600
332,331
340,931
Other Creditors
Page 22 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Flnancial Statements for the Year Ended 31
December 2024
13. Analysls of movement In charltable funds
Balance
B•lanc• I
Net gains
31
January
on Oec•mber
2024 Income Expendlture Investment
2024
Year ended 31
December 2024
Unrestricted Funds
General
3,96S,103 598,651
(545.959)
62.608
4,080,403
Restrirted Funds
Temperance
C105ed Churches
2.100
156,181
158,281
4,123.384
2.100
161,559
163,659
4,244.062
2.524
2.524
601,175
11,1021
11.1021
($47.061)
3,956
Total rÈstr6cted funds
3.956
66.564
Total funds
Balan¢e
31
December
2023
Balance I
Net 9ains
January
on
2023 Income Expendlture Investment
Year ended 31
December 2023
Unrestrirted FurKIs
General
3.818,055 720.370
(664.242)
90.920
3.965,103
Restrlcted Funds
Temperance
Closed Churches
2,100
153,234
155.334
3,973,389
2.100
156,181
158,281
4,123,384
1.782
1.782
722.152
(907)
(907)
1665,149}
2.072
2,072
92,992
Total restrirted fund5
Total tunds
Purpose of Restricted Funds:
Temperance Fund the Temperance Fund was estsbllshed for the purposes of making grants to
churches for purposes of temperance.
Closed churches - the Closed Churches Fund arlses from churches whlth have closed and now have
no members. The assets have, in accordance vrfith the Trust Deed. been transferred into the corbtrol
of the Association within the restrittions placed upon the AssocTration by reason of the Trust Deed or
order of the Charity Commissioners. In some cases. the only ￿strICtl0n Is for purp05e5 connected
with the Bapt15t denomination. as the Association shall dirert. in which case these are treated as
unrestricted funds.
14. Analysis of net assets by fund
Year ended 31 December 2024
General Restrlcted
2024
Fixed assets - Tangible assets
Investments
Net current assets
972.158
2,352.070
756.176
4.080,404
93,761
1,065.919
35,447
2,387,517
34,450
790.626
163,658 4,244,062
Page 23 of 30

The Yorkshire Baptlst Associatfjon (Incorporated)
Note5 to the Flnancial Statements for the Year Ended 31
December 2024
14. Analy51s of net a55ets by fund Icontinyed)
Year ended 31 December 2023
General Restrocted
2023
Flxed assets - Tangible assets
Investments
822.158
2.399,371
743.574
3,965,103
93.761
29,540
34.980
IS8,281
915.919
2,428,911
778,S54
4, 123.384
Net current a5setS
IS. Related party transactloTrs
Baptist Union of Great Britain
The Association is a member of the Baptist Union of Great Britain (BUG6). During the year, it received
gr4nt5 from the BUG6 as shown..
2024
2023
BUGB Core Funding
188.285
158.900
The YBA is not beneficially entitled to these fvnds but is me￿lY artin9 as agent for BUG8 and
accordlngly the ¢haritable company does not recognise these amounts in income or expenses. The
monies are held in a separate bank a¢¢ount and paid over to the BUG8 periodically during the year.
The rnoney collected and paid over during the year Is detailed below:
2024
2023
Oonations to the BUGB Home Mission Fund from Association
member thurches
188,455
173.654
Baptist Churches In Yorkshlre
Baptist Churches in Yorkshire are in most cases members of the YBA and the transactions that took
place between the YBA and those churches, during the year, are detailed below.
2024
2Q23
When the Association carries Out work for SLtch churches, fee5
are charged and the ￿S￿ltIn9 Income Is shown as Income fmm
churches for services rendered.
62.025
25,001
199,181
- 25.838
12,141
85.294
49,650
Loans made to churches during the year
Loan repayments received from churches during the year
Interest on loans received from churche5 durin9 the year
Fee paid to a church in respert of trust officer 5econdment
Grants made to churthe5 during the year
46,679
32,534
11.295
93,920
Kevin Quinton is a trustee of St Thomas Crookes. During the year. The Yorkshire Baptist Association
received income of £150 (2023 - £260} from St Thomas Crookes in addition to their BUGB Home
mi￿onS contributions.
Page 24 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
16. Legal 5tstus of the tharltable company
The charitable company is limited by 9uarantee, the liabllity of each member of the company being
wound up while they are members or within one year after they cease to be a member shall not
exceed £10.
17. Pen$ion costs
The YBA is a participating employer in the Baptist Pension Scheme {-the Scheme-}, which 15 a
separate legal entity administered by the Pension TnJstee (Baptist Pensiorh Trust Lirnitedl. The a55ets
of the Scheme a￿ held separately from those of the YBA and the other participating employers.
The Scheme, previovsly known as the Baptist Ministers. Pension Fund, started in 1925. bLtrt was
close¢J to future accrual of defined benefits on 31 December 2011. Prior to this date, the main benefit
providet1 through the Defined Benefit {DB) Plan was a pension of one eightieth of final minimum
Pensionable Income for each year of pensionable service tO9ether with additional penslon In respect
of premiums paid on Pensionable Income in excess of Minimum Pensionable Income.
In July 2022 an agreement was reathed with Just Gn)up to secure the Defined Benefit Plan Members,
pension benefits. From that date Just provided finènoal backing for all defined benefit pensions
provided through the scheme. Deficit recovery contributions reduced to £1 a month from August
2022 and then ceased in December 2024. The responsibility for the defined benefits We￿ transferred
to lust during 2024.
From January 2012, pension provision 15 being made through the Dèfined Contribution (DC} Plan
within the Scheme. Jn general, members pay 8% of their Pensionable Income and employers pay
6% of members, Penslonable fncome into tndlvidual pension a¢¢ounts, which are operated and
managed on behalf of the Penslon Trustee by 8roadstone Corporate Benefits Ltd.
In addition, the employer pays a further 4% of Pensionable Income to cover Death irt Service
Benefits, administrakn.on costs, and an assooated insurance policy which provides income protection
for Scheme members if they are unable to work due to long-term incapaoty. This income protection
policy has been insured by the Baptist Union of G￿at Britain with Aviva ￿rnIted.
The Scheme is considered to be a multi-employer scheme as described in Settion 28 of FRS 102.
Because it is not possible to attribute the Scheme's assets and liabilities tu specific emploYer5, the
scherne 15 accounted for as if the Stheme were a defined contribution scheme. YBA staff members
a￿ eligible to Join the Scheme.
A¢tuarial valuation as at 31 December 2019
A formal valuation of the DB Plan as at 31 December 2019 was carried out by a professionally
qualified Artuary using the Projected Unit Method. At the valuation date the market value of the DB
Plan assets was E298m, whilst the level of assets needed to pay benefits was E316m, giving a deficit
of £18m (equivalent to a past service funding level of 94%). The YBA and the other participating
employers in the DB Plan are collectively responsible for funding this deficit.
The key financial assumptions underlying the valuation were as follows:
Type of assurnption
RPI price Inflation assumption
CPI price inflation assurnption
Minimum Pensionable Income Increase Adjustment (above CPI)
Pre-retirement assumed investment retums (gilt yidd plus 1.75% p.a.)
Post rètirement assumesj investment returns (including benefits
matched by the insurance policy) (gilt yield plus O.S% p.a.)
Minimum Pensionable Incorne increases (CPI plus O.S%)
Deferred pension increases (based on RPI)
Pre April 2009
Post April 2009
Pen5i9n increase5 based on CPI with an annual floor of 0% and annual cap of 5%
% p.a.
3.20
2.70
0.50
2.95
1.70
3.20
3.20
2.50
2.70
Page 25 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
17. Ponslon costs (contlnued)
Mortality is assumed in accordance with 80% of the S3NA standard mortality table. Futu
improvements projected from 2013 in line with the "CMI 2019" projection with a long-term rate gf
improvement of 1.75Ph p.a. for males and 1.5Wts p.a. for females with the core smoothlng parameter
and with additional initial mortality improvement fartor A = O.S%.
Pension cost for the year
2024
2023
DC contributions
24.024
23,432
12
DB deficit contributions
24.035
23.444
At the year end the estimated debt is £nil (2023.. Enil).
The Scheme has provided an estimate of the costs to leave the scheme, whlch would equate to
£1,000. This is for information only, as it is not payable until the YBA ceases to employ any artive
members of the Scheme or leave the scheme. which eventuality is considered to be extremely
unlikely.
18. Reconciliation of 14et Movements in fvnds to Net Ca$h Flow from Operating Activities
2024
2023
Net movement in fvnds
Gains on investments
120.678
(66,564)
(69.686)
149,995
{92.992}
{53,952>
{93.365}
Investment income
Profit on the sale of fixed assets
Additlon of tangible flxed assets
Decrease/(increase) in debtors
{Decrease)linrrease in creditors
{150.000)
118.918
(103.100)
19. Operating léa$È tommltments
At the 31# December the charitable company had outstanding commitments for future minirnum
lease payments under non-cancellable operating leases. which fall due as follows..
2024
2023
Within one year
Between two and five year5
In over five years
14,850
10,800
55,350 47,700
70,200
63,000
Page 26 of 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Financial Statements for the Year Ended 31
December 2024
ZO. Post balance sheet events
Subsequent to the year end, the Buttershaw manse was sold in January achieving a profit on sale
of £35,162. Hope Baptist Church c195ed as a cause in February. however, YBA is continuing to
explore church planting opportunities with those local to Hebden 8ridge in accordance with the
Foundation deed. The Hope closure has resulted in thÈ trnnsfer of restrirted assets to YBA of the
church building and manse. to the value of £564.050. February also saw the dissolutoon of a Lc￿1
Ecumenical Partnership with St Agnes church in Leeds.
Page 27 of 30

The Yorkshlre Baptlst AssodatloTh (Incorporated)
Notes to the Financial Statements for the Ythr Ended 31 December 2024
The A550ciatiun ho￿5 a5 Cust￿1￿￿ Tru5teE5 certasn assets fllrt1￿ thu￿$￿& and a55¢J(iated tharitie5 ￿1th1n the AsE￿iè￿on. The Trustees do not have
direct tide to thÈ5e fuDds but admin15tertheir Invest￿￿Trts ti* gtt*al framv*¥Ort the in ￿th their AdviSOtS,
Brewin Dolphin and thE ubJectlVE5 of the Indwidual thurthE5.
The ob]etts of the Chwc?￿ and charkn5 afE in linE ￿th the obFtts of thE in thE Tnistee5" rEpllrL Tre inye5tr[￿Trts arE kept ￿ safe
perttyllcally recoThd￿.
The folhwin9 scheduk shoAS the asK4s of eath Cu#oth*) b￿a￿r•thE tlwrity. InVEstm￿ ate sho￿7 at their marftet ¥alue at
31 OetembEr 2024 and 2023."
T*xal
Total
2024
2024
2024
2023
2023
20Z3
&rnsltY- Sheffleld Road
barnsley. ward Grten
Blngl
Blackky
BOdforO- Bethel
Btèdford- Cknytun
Bradford- Tetky Street
Bradford- We5rgate
Bridlington
Con15trwoh
Dewsbury
C4rned Forv¢ard
21.344
270,116
4.226
128.963
21.Y4
Z70.116
12.162
128.963
20,5JL
279,9]0
4.075
137.063
20.581
279,930
10.950
137,063
7.936
6￿5
50.49Z
.310
44.223
21.885
50.492
11,504
4.223
31.906
3,184
3209
8,023
42.644
21.104
42,644
30,948
9,871
1,31fj
39,380
583.915
io.ioi
10.237
1.365
10,137
1.365
9.B71
1,316
39.$45
60.766
39.mo
S9.308
$61.171
621.937
524.607
PW29￿30

The Yorkshlre Baptlst Assodath>n (Incorporated)
Notes to the Financial Statements for the Year Ended 31 Detembtr 2024
Cash
Totsl
2024
2024
2024
2023
1023
Browht forward
Ooncaster. Chequer Road
Fat51ey
lur
561.171
62L.937
59.308
524.607
583.915
17211
650.017
17211
658.174
216JJ7
Lfj.$97
626.332
6,145
16,597
634.282
13,3
8.IS7
7.950
7,149
6,976
J,]61
Guisdev
Hebjen Brfdge- Hope
Hudder5field- &rkbv
Huddersfidd. Milnsbrfd9e
dder5fith- S81￿￿￿e Ilook
Is
6J13
51.166
3.413
LY,3
49.338
6J13
19,176
49.338
ID.683
171.743
Si.1fj6
XX.•78
8,221
t1￿16
166,138
54A05
LO.683
7,928
SL655
57,917
163*15
uII- BDu￿vard
52.655
ull. Priory
LeEd5- Wenheirn
30.221
30221
29.142
319.513
319.513
3￿.10)
309.103
Leeds- Bram
4.9)I
2B.IOL
4AX3
52.971
4.813
Letds. Mo[Yto￿l
2a.2DI
52.971
4.902
LeEd5- Revive
Carried Porward
233.816
1.857.1
2.190.984
238.222
Pase 291* 30

The Yorkshire Baptist Association (Incorporated)
Notes to the Flnanclal Statements for the Year Ended 31 December 2024
10. (vJThtlThMd)
Toial
TOtsI
2flZ4
14
2f124
202J
2023
2023
8rovght forward
Leeds. Ytsrk Koad
233.816
1.9S7.166
IL90.984
238.222
1.717,lOQ
1.955.322
3.90S
13,813
10.998
7,725
94,954
114.140
45,968
45.342
5,494
39.917
315,423
J4,915
SO,973
18,932
143,380
27,077
1,269
4.050
13,Q02
10.998
B,012
96,24S
118.367
3.90S
13,813
10,998
7,725
74,319
114,140
45,968
ME Iredale Trv5t
13,M2
10.998
B,012
77,on
Il8J67
Meltham
MExborwgh
21,173
20,635
Ngrrnanton
Queensbury
Rawdon
47.021
5,697
36299
58.244
47.021
5,697
36.299
309.842
45,342
5,494
39.917
56,164
RothErharn
Rothw*l
Srapegoat Hill
Scarboryugh. ￿b￿n￿rte
Sheffield. Cemetery Road
Sheffield. D￿*1 Road
Z51.598
259,Z59
15.467
41A51
15,467
52,4
14,915
39,973
16,932
21,353
27,077
19,633
1.483
28.lJ80
19,633
130.481
28,DSO
South Cr6ven
T4dmordED. Vak
128.998
122,027
West Cr4ven ISalterfryth}
Total
1443.363
0$1,143
11
Z909.$52
Pa9E 30rf