## **GRANGETOWN BAPTIST CHURCH**
**______________________________**
## **REPORT AND ACCOUNTS**
**FOR THE YEAR ENDING 31[ST] MARCH 2024**
**_____________________________________**
**C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF**
**GRAMGETOWN BAPTIST CHURCH**
## **FOR THE YEAR ENDED 31[ST] MARCH 2024**
## **CHARITY INFORMATION**
|**Trustees:**|Ian James Parry|
|---|---|
||Richard Thomas MacDonald|
||Timothy Shaun Prive (resigned 31/12/22)|
||Elizabeth Joy Parry|
||Sandra Maud Mcfarlane (resigned 30/11/22)|
||Alan Arthur Cowley|
||John David Wilding (deceased 7/8/22)|
||Dr Michael Sheen|
||David Llewellyn James (appointed 25/1/23)|
||Daniel King (appointed 25/1/23)|
||Malcolm Firth (appointed 1/4/23)|
|**Treasurer:**|David Llewellyn James|
|**Charitable position:**|Registered Charity number 500597|
|**Governing Document:**|Trust dated 4thJanuary 1971|
|**Address for correspondence:**|Grangetown Baptist Church|
||Clive Street|
||Grangetown|
||Cardiff|
||CF11 7HP|
|**Independent Examiner:**|Paul Burnell ACMI|
||C Management Services|
||69 Velindre Road|
||CARDIFF|
||CF14 2TF|
|**Bankers:**|Co-operative Bank|
||1 Balloon Street|
||Manchester|
||M60 4EP|
||**CONTENTS**|
||Page|
|Charity Information|2|
|Trustees Report|3|
|Independent Examiners Report|4|
|Statement of Financial Activities|
5|
|Statement of Assets and Liabilities
6||
|Notes to the Accounts|7|
2
**GRANGETOWN BAPTIST CHURCH**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31[ST] MARCH 2024**
The Trustees have pleasure in submitting the Report and Accounts for the period ended 31st March 2024.
Throughout this year (April 2023-March 2024) we have continued to pursue our charitable objectives.
Our regular Sunday Services have continued and attendance has grown significantly, regularly reaching 120 people on a Sunday morning, with many visitors and the gallery in use.
We have added to our staff by employing two additional workers on a part-time basis. Their focus is in reaching out to the international community around us.
The English Classes continue to grow with up to 80 students in attendance on Thursdays and Fridays.
The Toddlers Group has gone from strength to strength with about thirty children in attendance.
Foodbank and Food Market continue to meet the needs of our community, with about 100 people coming on a Friday lunchtime to receive food parcels.
People have come to our Sunday services through all of these ministries. Our weekly prayer meeting continues and is growing. Our membership has continued to grow. It is now about 75 people.
Sunday School and Town Kids continued to be well attended.
Over the year we have initiated and completed a number of maintenance and refurbishment projects on the building. This work continues. We are also currently pursuing some major building works to renew our boilers and heating system as well as to create more space for the activities of the church
Our online presence continues also. We stream our Sunday Services and a daily livestream at 8.45am Tuesday to Friday during school terms continues also.
Our financial situation continues to be stable despite the significant increases in expenditure.
We to look to God to continue to build his church in the year to come.
This report is signed on behalf of the Trustees on 29th May 2024 by
Ian Parry
3
## **INDEPENDENT EXAMINERS REPORT**
## **TO THE TRUSTEES OF**
## **GRANGETOWN BAPTIST CHURCH**
I report on the accounts of the Trust for the period ended 31[st] March 2024, which are set out on pages 9 to 12.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no material matters have come to my attention which gives me reasonable cause to believe that in any material respect:
- accounting records were not kept in accordance with section 130 of the Charities Act or
- the accounts do not accord with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Paul Burnell
Paul Burnell ACMI 29th May 2024
For and on behalf of:
C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road Cardiff CF14 2TF
4
**GRANGETOWN BAPTIST CHURCH**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
|Note
**RECEIPTS**
_Receipts from generated funds_
2
_Receipts from charitable activities_
3
_Other receipts_
4
Interest received
Total Receipts
**PAYMENTS**
Charitable activities
5
Governance costs
Loan Repayments
Total payments
**Net Receipts/(Payments)**
Transfers between funds
Correction to last year’s
unrestricted figure
Fund balances at 1st April 2023
Fund balances at 31st March 2024|Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2024
£
Total
Funds
2023
£
97,563
-
97,563
70,767
-
-
-
-
9,085
26,800
35,885
40,972
28
-
28
78|
|---|---|
||106,676
26,800
133,476
111,817|
||114,400
26,800
141,200
99,221
-
4,800
-
-
-
4,800
-
4,800|
||119,200
26,800
146,000
104,021|
||(12,524)
-
(12,524)
7,796
-
78
-
-
-
64,432
755
65,265
57,469|
||51,986
755
52,741
65,265|
The notes on page 7 form part of these accounts.
5
## **GRANGETOWN BAPTIST CHURCH**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31[ST] MARCH 2024**
## **1. Fixed Assets**
|||Insurance Value||
|---|---|---|---|
|||2024|2023|
|||£|£|
||The value of assets owned are:|||
||Buildings|4,238,234
|3,918,140|
||Equipment|155,344
|155,344|
|||4,393,578
|4,073,484|
|**2.**|**Bank & Cash Balances**|||
|||2024|2023|
|||£|£|
||Cash at bank and in hand|52,741|65,265|
|||52,741|65,265|
|**3.**|**Other Assets and Liabilities**|||
|||2024|2023|
|||£|£|
||_Assets_|||
||Gift aid tax recovery not yet received|-|-|
||_Liabilities_|||
||Unbilled fee for Independent Examination|180|180|
The accounts were approved by the Trustees and signed on their behalf on 29th May 2024 by David Llewellyn James as Treasurer
Signed:
The notes on page 7 form part of these accounts.
6
## **GRANGETOWN BAPTIST CHURCH**
## **NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31[ST] MARCH 2024**
## **1. Accounting Policies**
The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities
|**2. Voluntary receipts**
Donations
_3. Receipts from charitable activities_
Conferences and events
**4. Other Receipts**
Grant received
Rent
Other income
**5. Charitable activities**
**a. Direct Charitable Costs**
Salaries & staff expenses
Ministry expenses
Youth & children
Evangelism
**b. Support and Administration**
Premises rental and expenses
Administration and general expenses
Insurance & professional fees
Catering
Training
**c. Grants**
World Mission
Benevolent gifts|Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
97,563
-
97,563
70,767|
|---|---|
||97,563
-
97,563
70,767|
||-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
-
26,800
26,800
31,300
8,535
550
-
-
8,535
550
8,295
1,377|
||9,085
26,800
35,885
40,972|
||Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
63,661
26,800
90,461
52,326
6,194
691
3,148
-
6,194
691
3,148
5,010
966
2,381|
||73,694
26,800
100,494
60,683|
||31,460
-
31,460
24,668
4,064
-
4,064
4,245
1,721
-
1,721
4,389
567
197
-
-
567
197
857
666|
||38,009
-
38,009
34,825|
||
1,767
-
1,767
1,379
930
-
930
2,334|
||2,697
-
2,697
3,713|
## **6. Staff and Trustees**
The charity has three employed members of staff. Its activities are generally carried out by volunteers. No staff received salaries at a rate of more than £60,000 per annum.
The Pastor, Ian Parry, who is also a Trustee, was employed and received a salary of £44,450 in his capacity as Pastor of the church.
No remuneration or trustee expenses were paid to any other trustee during the year, nor to any person connected to them.
7