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|Legal and administrative information|1|
|Trustees report|2
- 8|
|Independent auditors report|9 -11|
|Statement offinancial activities|12|
|Statement offinancial position|13|
|Statement ofcash flows|14|
|Notes to the financial statements|15 -21|
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|Trustees|MrSteve Auld|(Chairman)|
|---|---|---|
||Ms Joanne Adair|(Church Secretary)|
||Mr Derek Browne||
||Mr Chris Cardwell||
||MrJason Cardwell||
||Mr Lewis Crothers||
||Dr Jim Davison||
||Mr Simon Farewell||
||MrJonathan Graham||
||MrCameron Grieve||
||DrStephen Hogg||
||Mr Clifford Manley||
||Mr Gareth McKillen||
||Mr Martin Moorcroft||
||Dr Andrew Nicholl||
||Mr Robert Patterson|(Church Treasurer)|
||Mr Luke Smith||
|Charity number|N1C107744||
|Church address|Great Victoria Street Baptist Church||
||1 Hope Street||
||Belfast||
||BT12 5EE||
|Auditor|Johnston Kennedy DFK||
||Registered Auditors||
||10 Pilots View||
||Heron Road||
||Belfast||
||BT3 9LE||
|Bankers|Ulster Bank||
||Belfast City Office Branch||
||P0 Box 232||
||11-16 Donegall Square|East|
||Belfast||
||BT1 5UB||
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|Attendance||
|---|---|
|Some approximate average|attendance figures include:|
|Sunday morning services|175 (membership 142)|
|Sunday school|24|
|Crèche|20|
|Abide|30|
|20s & 30s|30|
|Friendship Hour|24|
|Small Groups|122|
|Mid-Week Prayer meeting|40|
|Timeout|20|
|Youth|7|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2024|2024|2024|2023|2023|2023|
||Notes|£|£|£|£|£|£|
|Income and endowments from:||||||||
|Donations and legacies|3|182,489|241,619|424,108|189,356|413,082|602,437|
|Investments|4|-|15,594|15594|-|736|736|
|Total income||182,489|257,213|439,702|189,356|413,818|603,174|
|Expenditure on:||||||||
|Charitableactivities|5|146,126|58,947|205,073|132,509|65,558|198,067|
|Grosstransfersbetween||||||||
|funds||(20,293)|20,293|-|(21,427)|21,247|-|
|Net incomefor the year/||||||||
|Net movement in funds||16,070|218,559|234,629|35,419|369,686|405,105|
|Fund balances at 1 January||||||||
|2024||168,137|2,885,688|3,053,825|132,717|2,516,001|2,648,718|
|Fund balancesat31||||||||
|December 2024||184,207|3,104,247|3,288,454|168,137|2,885,688|3,053,825|
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|||2024||2023||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixed assets||||||
|Tangibleassets|8||2,097,799||2,102,964|
|Currentassets||||||
|Debtors|9|61,411||5,933||
|Cash at bank and in hand||1,136,764||952,692||
|||1,198,175||958,625||
|Creditors: amounts falling due within|10|(7, 520)||(7,764)||
|One year||||||
|Net currentassets|||1,190,655||950,861|
|Netassets|||3,288,454||3,053,825|
|Incomefunds||||||
|Restricted funds|11||3,104,247||2,885,688|
|Unrestrictedfunds|12||184,207||168,137|
||||3,288,454||3,053,825|
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|||2024||2023||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Cash flows from operating activities||||||
|Cash generated from operations|14||172,478||412,153|
|Investing activities||||||
|Purchase oftangible fixed assets||(4,000)||(1,856)||
|Investment income received||15,594||736||
|Netcash generated from/(used in)||||||
|investing activities|||11,594||(1,120)|
|Net increase in cash and cash equivalents|||184,072||411,033|
|Cash and cash equivalents at beginning ofyear|||952,692||541,659|
|Cash and cash equivalents at end ofyear|||1,136,764||952,692|
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|||
|||2024|2024|2024||
|||£|£|£|£|
||Donations and gifts|149,287|220,553|369,840|553,501|
||Gift Aid Income|33,202|21,066|54,268|48,936|
|||182,489|241,619|424,108|602,437|
|4|Investments|Unrestricted funds|Restricted|Total|Total|
||||funds|||
|||2024|2024|2024|2023|
|||£|£|£|£|
||Interest receivable|-|15,594|15,594|736|
|5|Charitable Activities|||||
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|||
||||||2|
|||2024|2024|2024||
|||£|£|£|£|
||Support Costs|18,217|10,097|28,314|16,251|
||Activity costs|127,909|48,850|176,759|181,816|
|||146,126|58,947|205,073|198,067|
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|2024|2023|
|---|---|
|Number|Number|
|4|3|
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|8
Tangiblefixed assets||||
|---|---|---|---|
||Property|Fixturesand|Total|
|||equipment||
||£|£|£|
|Cost||||
|At 1 January 2024|2,075,386|45,162|2,120,548|
|Additions|-|4,000|4,000|
|AtDecember2024|2,075,386|49,162|2,124,548|
|Deprecialion||||
|At 1 January2024||17,584|17,584|
|Depreciationcharged intheyear||9,165|9,165|
|At31 December2024||26,749|26,749|
|Carryingamount||||
|At31 December2023|2,075,386|27,587|2,102,964|
|At31 December2024|2,075,386|22,413|2,097,799|
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|Debtors|||
|---|---|---|
||2024|2023|
||£|£|
|Accrued income|21,806|4,159|
|Redevelopmentcosts incurred|34,916||
|Prepayments|4,688|1,774|
||61,411|5,933|
||£|£|
|Amounts within oneyear|26,495|5,933|
|Amounts afteroneyear|34,916|-|
|Creditors|||
||2024|2023|
|Amounts within one year:|£|£|
|Accruals|7,520|7,764|
||7,520|7,764|
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||Balanceat|Incoming|Resources|Transfers||Balance at|
|---|---|---|---|---|---|---|
||1 January 2024|Resources|Expended|||31 December|
|||||||2024|
||£|£|£|£||£|
|Fellowship fund|1,991|-|(500)||-|1,491|
|Mission fund|-|14,458|(34,751)|20,293||-|
|Sunday School Trust|1,073|-|(318)|-||755|
|Staffing Support Fund|30,337|9,359|(19,724)|-||19,972|
|Abide Fund|250|2,752|(2,708)|-||294|
|Redevelopment Fund|739,892|228,380|-|(34,916)||933,356|
|Property Fund|2,075,386|-|-|34,916||2,110,302|
|Young Adults Fund|-|1,070|(946)|-||124|
|Manse Fund|36,759|1,194|-|-||37,953|
||2,885,688|257,213|(58,947)|20,293||3,104,247|
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||||Balanceat|Incoming|Resources|Transfers|Balanceat|
|---|---|---|---|---|---|---|---|
|||1|January 2024|Resources|Expended||31 December|
||||||||2024|
||||£|£|£|£|£|
|Unrestricted|Funds||168137|182,489|(146,126)|(20,293)|184,207|
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|nalysis of netassets between funds|||||
|---|---|---|---|---|
||Tangible|Net Current|Total|Total|
||Fixed assets|assets|2024|2023|
||£|£|£|£|
|Restricted income funds|||||
|Fellowshipfund|-|1,491|1,491|1,991|
|Mission fund|-|-|-|-|
|Sunday School Trust|-|755|755|1,073|
|Staffing Support Fund|-|19,972|19,972|30,338|
|Abide Fund|-|294|294|250|
|Redevelopment Fund|-|933,356|933,356|739,891|
|Property Fund|2,075,386|34,916|2,110,302|2,075,386|
|Young Adults Fund|-|124|124|-|
|Manse Fund|-|37,953|37,953|36,759|
||2,075,386|1,028,861|3,104,247|2,885,688|
|Unrestricted incomefunds|||||
|Designated funds|22,413|-|22,413|27,578|
|Free reserves|-|161,794|161,794|140,559|
||22,413|161,794|184,207|168,137|
||2,097,799|1,190,655|3,288,454|3,053,825|
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|14|Cashgenerated from operations|2024|2023|
|---|---|---|---|
|||£|£|
||Surplus forthe year|234,629|405,106|
||Adjustmentsfor:|||
||Investment income recognised in statement offinancial activities|(15,594)|(736)|
||Depreciation oftangible fixed assets|9,166|8,923|
||Movements in working capital:|||
||(Increase)/decrease in debtors|(55,479)|(2,452)|
||lncrease/(decrease) in creditors|(244)|1,312|
||Cashgeneratedfrom operations|172,478|412,153|
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