Paisley Baptist Church Trustees, Report and Accrued SORP 2015 Compliant Accounts for the Year Ended 31 March 2025 Charity No. SC053324
Palsley Baptlst Church TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 ended 31 Marth 2025. Reference and admlnlstratlv• Inforniatlon Patsley Bapbst Churth (fty GtraI BaPtt Chur(*, PaLsleyi SC002724) Also knwi as. Paisley Baw"st Chur So)thsh Charty Numb8r. SCO53324 Registered offic8.. 8ank of ScoUaThl. The Cn)ss. Paw. PA1 1 DD Virgin MMey. 1 CauseysKJe St, Paisley. PA11UW Soliators.. "akOr Legal Services. 48 Speirs Wharf, Glasgow. G4 9TH Tru8t•o• The church is congreg8tK>nal in lIc and rts day to day runnng is und8rtak8n by the ofllce b88rers (th8, trustees) and members of th8 Leadership Team apwnted by the chufch Thmbers. The lollowng served as Charity Trustees duirKJ the year 8fKI up to th8 d8te of this rep1. Minister Leadershlp Team Finan(ial Administrator Apwnt&J 111r25 ApFXMnted 1J1r25 Appointed 111r25
Paisley Bapt15t Church TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 {continued) STRUCTURE. GOVERNANCE & MANAGEMENT Governlng document Paisley Baplist Church is established by conslilulion. The church is a Scottish Charity number SC053324 and Is recognised by the HMRC under reference number ST06327 The church Is affilialed lo the Baptist Union of Scolland. The church conslilution was reviewed and updal&d in 2024 when the church changed Its Chanly slalus from an Unin¢xJrporal8d Voluntary Assoaation (UVA) lo a Scott1sh Chantable Incorporaled Organisalion ISCIOI. Paisley Baptist Church completed the reslnjclure from an Unincorporated Voluntary Assoaalion IUVAI in name ol Central Bapiisl Church lo a Scottish Chanlable Incorporated Organisalion (SCIOI on 3181 Doc 2024. 11 was éecided by the Leadership Team and congregalion that tho church should change ils name slighlty, from Central 88plisl Chufth, and followng aulhonty from OSCR, a new thanty In name of Paisley Bapiisl Church was crealed. All Ihe 8ssel$ and liabililies of Central Baptist Church wer8 Iransferred lo Paisley Baplisl Church and all necessary legal documentation was compleled In ¢%niunction with Alan Holloway. 018koneo L8gal Services who provides legal counsel for the Baptist Union of Scotland, and submitted lo OSCR. Appolntment ol Trustee• The Chanly's Truslees afe appoint or re-appointed by rn8icnty vole by the church member3 and in accordance th Ihe lemis contained In th8 Chanty's constitution. There is no fixed lem for Trusteeship. Pnor lo théir appoinimenl. new Trust3 yuld have served tha church for som• time In vanous roles ond would be familiar with the ¢hur¢h's values, its aim$ and obiectives as Y11 as ils day lo day operations. Admlnlstratlv• Structure The Truslees are responsible for the overall dirtsclion of the Charity and serve 8s TSleeS on a voluntary basis. The church currently has 57 members who approve the 8ppoinlmenl of Trustees in line wilh the church's conslilulion. Obj•ctiv•s & Activiti•s Thè Chanty Is oslablished lor charitable purposes only and the chanlable purposes ar8.. The advancemenl ol religion, specifically the Chnslian lailh, pnmanly In Paisley and neighbouring parts ol Renfrewshire, and also Ihroughoul Sc4)Iland and Ihe rest of Ihe world. by all means consistent wilh.. 1. The Chrislian Bible. and 2. The D•claration ol Prinapl•' including, without preiudic• lo the foregoing generality, worship, minislry. mission. I1n0#S. prayer, followship, networking, education. comrnunity service and the provision of activities and facilitiès lor the communrty, and the relief of povorty and olhar Socbal needs, includin9 Ihe support of individuals and other charilable organi581ion8 and agencies involved in any or all of these. Achi•v•rn•nts & Perfornwnc• In r•18tion lo aclivilies.. The church continues lo m881 woekly for Sunday services under the le8dar3hip of our Ministér, Rev who was app01nled as Ministèr In 2021 For those not able lo attend In person, the servi¢es are also ava11able as a live Slreaming $8rviC8. The church also runs a couple of weekly Bible Study sessions. m8•ting in the homes of the minister and other church members. lor sludy and prayer. A Pastor81 Care lead. lo support Ihe ministèr 8nd cOnggallon, volunteered earfy in January 2025. to provide a focus lor pastoral cafe activity. This has helped lo coordinate visitation activilies to those members who cannot attend Sunday services due lo Infimily or being housebound. Visitation and conlact programmes are now In place lo reaeh out lo the thurch famity, their families and beyond Into the wider community. All p8$loral work is carried out by volunteers, and as and when required, the Minister.
The R6nfr6wshire Foodbank continues lo use our premises on Monday, Wednesday and Friday afternoons. This is vital service lo the community and. although Ihe Foodbank make a donation for the use of the premises. the costs are heavily subsidised by the church We commenced an Inlemalional Cafo on a Tuesday evening for students studwng al the University of the West of Scotland Following a slow start, momentum has picked up with a steady number of overseas students allending and enjoying some soual time logelher, and attending Sunday services. 11 Is encouraging that a number ol new members have joined thé church in the last year, and we look forward lo this upward trend continuing in line with the Ministerfs objective lo increase focLSS on Oulreath activilies in the community. Building works lo the church sanctuary, windows and hall fabnc were completed this year, including the installation of an new boiler lo replace the existing boiler which had been in place for over 15 years and was not always reliable. WiFi was introduced across all parts of the church eslale and there are now plans lo updale the church sound system vthich is showng signs of age having been implemenled over 15 years ago.
Paisley Baptist Church TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 (continued) Financial R•view The finanoal slalemenls Ihis year are prepared on the accruals basis due to the arxounting requiremenls for the sale ol the church manse in 2020 vthich rèsulled in an Incre8sed income figu lor that year and required the preparation of Accrued accounts for the financial year ended 2021 Although our income is below the threshhold for documèntation of accounts on Receipts and Payments basis. Il was agreed by Ihe Trustees to conlinuè 10 presenl the accc4Jnls for year ended 2025 on an accruals basis. Under the temis of OSCR SCIO regulations. thè accounts are also presented under "merge accounting" wth Cèntral Baptist Church. Paisley11 st April 2024 to 31st C*cember 20241 and Paisley Baptist Church11st January 2025 10 31st March 20251 figure5 merged lor the 12 month penod from 1st April 2024 10 31sl March 2025. Congregational giving has reduced slighlty wilh offerings and donations totalling £42.8401£44362 in 2024) The sizeable legacy paymenl received in April 2023 lamountino to £139.919). has allt)wed us to meel the costs of church and hall building repairs. and thère remain healthy balances in the Church Bank Accounls. Tax recovere(l on Gift Aid continues lo be a key souree ol income which helps to meet the ongoing Nnning and increased utilities, costs. The daim for 2024125 is £8,467 4¥thich Is similar lo the previous year12023124 £8,314) Bank Interest on lunds held wth the Bank of Scolland and Virgin Money amounted lo £15, 667. We actNety revi8w Ihe accounls on offer in a bid lo maximise interest income and reduce bank charges which have been introduced in 2025 Given our change in Charity slalus and change of name, new Bank acciyjnls vfftre required along with Ihe movement of funds from one account lo another. Additional gifts to other oryani$ations amounted to £2.595 to Baptist Mis$M)nary Sooety IBMS) Wodd Mission, £500 to Scottish Baptist C1•98. £500 to Accoftl Fh)spice. Paisley, £5(X) to lh• Glasgtrw City MisSn and £5W lo Mercy Ships. The financial slalemenls for the year show an overall deficit of £13.679 (overall surplus for 2024 was £121,402 ansing in the main from a very generous legacy paymenl of £139.9191. This yearfs def1 reflects irKreased ulility costs. and building repairs and upgrades. The 10181 funds of the church as at lh8 year ènd are £603.188 {£616,867 for 2023124). Risk Management Whilst the funds of the church 8re healthy. follow.ng sa18 of ihe church manse In the 2020121 8ccounling period 8nd gacy payment in 2023, the demographic ol thè congregation may impacl bnger term viability. There has been an increase in the number of younger people attending and bécoming members, and it is hoFéd that this VAII continue in lin6 th pastoral care and outreach programmes. R•serve• policy The Trustees. policy Is to maintain unrestncted funas at a level that equales lo belween 3 an¢J 6 months operating costs. The Charitys unrestncted reserves as at the year end amounted lo £597.043 (2024 £604.905} which was signtficantty above the required level and was acceptable to the Trustees. The Tnjslees are are of the ongoing maintenance to Ihe thurch and hall and expect lo require lo use the addItnal reseThes for this purpose. This report was approved by the Tru51ees on 25th November 2025 and svJned on their behalf by F f(1sleeiSectelary
Paisley Baptist Church SC WIITre£33 J4 Independent Examiner's Report to the Trustees of Paisley Baptist Church I report on the accounts of the Charity for the year ended 31 March 2025 which are set out'on pages I to 7. Respective responslbillties of trustees and examiner The Charity's Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts {Scotland) Regulations 2006. The Charity Trustees consider that the audit requirement of Regulation 10(1) {a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(11 (c) of the Act and to state whether particular matters have come to my attention. Basis of independent examinerfs statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examinerfs statement In the course of my examination, no rnatter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements: I to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulatiort 8 of the 2006 Accounts Regulations have not been met, or to which. in my opinion, attention should be drawn in order to enable a proper und Name: Professional Qualification/Professional Body: Chartered Accountant Address Date: LLI I'LILS
patsley Baptlst Chur Statement of Financial Artivities Year ended 31 March 2025 Uniestrfcted Funds 2025 Restrlcted Funds 2025 Endowment Funds 2025 Unrestrlrted Funds 2024 Restrlcled Endowment Funds Funds 2024 2024 Total 2025 Total 2024 Note Income and endowments from: Donations and Legacies Charitable Activities Other trading Activities Investments/Bank Deposits Other Income 51.411 2.595 54.(K16 189,448 3.147 192,595 3.240 14.330 3,240 14.330 15.667 15.667 Total Income 70,678 2,595 73,273 207.018 3,147 210,165 Expendlture On: Raising Funds Charitable activities 84,457 2.495 86.952 85.566 3.197 88.763 Total Expendlture 84,457 2,495 86.952 85,566 3,197 88.763 Net IncomellExpendlture) before 8aSns/(lossesl on Investments -13.779 -13.679 121,452 -50 121.402 Net Galns/(Lossesl on Investments Net Income/(ExpendltUfe) -13,779 -13.679 121.452 -50 121.402 Transfers between funds Net movement In funds -13.779 ITh) -13.679 121.452 -50 121,402 Total funds brought forward 616.762 ios 616,867 495,310 155 49S.465 Total funds carrled forward 205 616 762 105 616 867 Page I
Paisley Baptist Church Balance Sheet At 31 March 2025 2025 2024 Note Fixed Assets Tangible Fixed assets 114,242 101,85 Total Flxed Assets 114,242 101,857 Current Assets Debtors Bank and cash 10 5,376 484,046 489,422 11,609 503,917 515,526 Credltors Fallin8 due within one year 11 476 476 516 516 Net Current Assets 488,946 515,010 Net Assets 603,188 616,867 Funds of the Charity: Unrestricted Income Funds Designated Funds Restritted Income Funds 14 14 14 597,043 5,940 205 604,905 11,857 105 Total Funds 603,188 616,867 The accounts were approved by the Trustees on and approved on their behalf by: Pagc 2
Paisley Baptlst Church Notes forming part of the financial statements for the year ended 31 March 2025 Unrestritted Funds 2025 Restrlrted Funds 2025 Endowment Funds 2025 Unrestrlcted Funds 2024 Restrlrted Funds 2024 Endowment Funds 2024 Total 2025 Total 2024 l Donatlons and Legacles Offerings Tax recovered on Gift Aid Donations Grants and Similar income 11.148 8,467 31,692 104 2.595 13.743 8,467 31.692 104 18.036 8.314 163.098 3.147 21.183 8.314 163,098 51,411 2,595 54.006 189.448 3,147 192,595 No value ha5 been assigned to donated goodslservices in the year. 2 Income from Charltable Artivltles Coffee Mornings/Similar Events Other 3 Income from Other Tradlng Artlvlties Rent received 3.240 3.240 3.600 3.600 3.240 3.240 4 Investment Income Bank interest 15,667 15.667 14.330 14,330 15.667 15.667 14.330 14,330 5 Other Income Sale of Manse Totals 70.678 Page 3
Palsley Baptlst Church Notes forming part of the financial statements for the year ended 31 March 2025 (continued) Unrestrlrted Funds 2025 Restrlcted Funds 2025 Endowment Funds 2025 Unrestrlcted Funds 2024 Restrlrted Endowment Funds Funds 2024 2024 Total 2025 Total 2024 6 Analysls of Expendlture Ralsln8 Funds Fund Ra ising Costs Offering Envelopes Charltable Actlvltles Minister Salary and costs Minister's Expenses and Similar Pulpit Supply Donations Depreciation of fixed assets Fabric Repairs & Maintenance Other Buildings Costs Church Office Expenses 45,632 1.411 490 2,025 9,314 1,718 12,925 10.942 84,457 45.632 1.411 490 4,520 9,314 1,718 12,925 10,942 86,952 42.526 1,575 590 42.526 1,575 590 5,197 8,417 11,136 10,815 8,507 88,763 2,495 3,197 8,417 11,136 10,815 8,507 85,566 2.495 3.197 Total 84,457 2,495 86,952 85,566 3,197 88,763 Support costs have not been separately identified as the Trustees consider there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified. Page 4
Palsley Baptlst Church Notes forniing part of the Ilnanclal statements for the year ended 31 March 2025 {contlnued) 2025 2024 7 Staff costs •nd numbers Salarie5 and wages Social rIty and pengon costs Total 31,755 15,288 47,LH3 29,069 15,032 44,101 The average number of employee5 during the year, calculated on the basis of a head count. was as follows.. 2025 2024 Administration No employee had employee benefits of over £so.{2024- nill. 8 Trnstee Remuneratbon and Rel•ied Party TranrtIOnS The Church paid £1.411 of expenses for Rev, Chris Townsend, all within the remit of his employment. Threè Trustees incurred expenses totallin8 £53 on behalf ol the Church this year. These were re-imbursed In full. No other trusteè or a person related to a trustee had any personal interest in any contract or transaction eniÈrèd Into by the charity during the year. During the year, an estimated total amount of £6.950 was donated to the charity by its Trustees. 9 Tanble FIX Assets Church Bulldlne EMtLYn•l Path Chur¢h Equlpment Total V•luJtlon or Cost At l April 2024 Addition5 Disposals At 31 MaT¢h 2025 I.C(0 23,774 14.739 123.774 21.699 6,960 its).c 38,513 145.473 AccumulJ¢ed Oepreclatbon At l April 2024 Charge lor year Eliminated on Disp05als At 31 March 2025 lo,) 2,SC(J 11,917 21,917 9,314 12,5(XJ IB.325 31.231 Net Book V•lue Al 31 March 2025 87.5C 6,554 20.188 114,242 At l April 2024 11.857 101,857 10 Oebtors 2025 2024 Gift Aid Refund Dve Other debtorslprepayments 2,297 3,079 5,376 8,314 3,295 11,609 11 Credltofs 2025 2024 Accrua15 Sundry Creditor5 476 516 476 516 12 Analpls of Nel Assets Amon8 Funds Ger*eral Desl8nated Restrl¢ted Endowment Totsl Fixed Assets Current A55ets Curreni Liabilities Nèt assets •t JI March 2025 114,242 489,217 476 602,983 120.182 489,422 476 E4)9,128 205 205 Page 5
Palsley Baptlst Church Notes fomilng part of the flnanclal statements for the year ended 31 March 2025 Icontlnued) 13 Volunteers In common with all congregations of the Baptist Church. the charrty benefits from the contribLslron5 made by volunteers who give their time and talents willingly for the Church. The areas of congregational lrfe which rely on the contributions of volunteers are many and vaTied and rnu¢h of the activity would be unable to continue were it not for the commitment shown by these volunteers. 14 Movements In Funds At l Awll 2024 Income Expendlture Rev•luationl Transfers Al 31 March 2025 Restrlrted lunds Earmarked Fund 105 105 2.595 2.595 -2.495 -2.495 205 205 Unrestrlrted fvnds Church and Manse Fund Church Fixed A55et Fund Fabric Fund General Fund 426,870 11.857 423,%4 5.940 21,699 151.380 602,983 -5,917 -1.718 -73.916 -84,457 23.417 -23.417 178.035 616.762 70.678 70.678 Tot•1 fvnds 616,867 73,273 -86.952 603,188 Pur 5 of Aestrlrted Funds Earmarked Fund.. This Is for receipt and disbursement of rnonies for specific organisations and causes. Pur 5 of Unr*strlrted Of Oesl n•ted Funds Church and Manse Fund lunrestrictedl.. This was sel up In 2021 and represents the valuation of the church buildin8S and the proceeds from the Sale of the Manse. These funds are available to the General Fund bui have been separated out to meet any exceptional and unplanned c0515 relatin8 to ihe church bubldin8s. On the appointment of ihe new minister in August 2021 it was agreed by members to pay the minisler a Housin8 Allowance ratheT ihan purchase a new manse. Church Fixed Asset Fund Idesi8natedl'. This was set up in 2021 and relates to the c05101 the Electric Piano and Video projector. It also Include5 Ihe ¢051 of upgrade of ihe AV syslem. Fabric Fund.. This fund has been desi8nated to cover repairs and rnaintenance of ihe buildings owned by the church. General Fund.. This is the main operatin8 fund for church income and expendrture which Is not restrided nor designaled. 15 Collertlons lor Thlrd P•rtl•s 2025 2024 ACCORD H05pice Scottish Baptist Colle8e Glasgow CFty Mission Bapt15t Missionary Society Mercy Ships A12heimers Scotland 500 500 500 2,495 500 500 500 500 3,197 500 5,197 4.495 16 P•nsion 3ch•m• Li•bilili•s The Church is a participating employer in the Baptist Pension Scheme l-lhe Scheme"). which is a separate legal entlty administered by the Pension Trustee IBaptisl Pension Trust LimTtedl. The a55ets of the stheme are held separalely from those of the employer and the other participating employers. The Scheme, previously known as the Baptist Ministers, Pension Fund. started in 1925, but was ¢losed to fytLbre accrual of defined benefrts on 31 December 2011. Prior to this date the rnain benefrt provided ihrou8h the Defined Benefit IDBI Plan was a pension of one eightieih of final minimum pensionable income for each year of pensionable service together with addrtional pension in re5pecl ol premiums paid on Pensionable Income in excess of Minimum Pensionable Incorne. Since l January 2012. benefits have been provided through a Defined Contribution IDCI Plan. In july 2022, The Baptist Union and Trustee of the Scheme announced thai they had entered into an agreement wrth Insurance company'jusi Group" to secure DB members, pension benefits. The agreement 15 referred io as a '8uy-in' policy. ft follows a similar agreement wrih Jusi enlered into in 2019. The combined agreements mean thai Just group are now providing financial backing for all DB pensions. As a resuh. Ihe deficit recovery cStribUtiOnS reduced io £1 per month from August 2022. Pa8e 6
Palsley Baptlst Church Accounting Pollcles The prlnclpal èteountlng pollcles, whkh have been applied COnStent In the current and preceding year In deallng wlth Items which are considered rnaterlal to the accounts, afe set out below. 8as65 of Pr•p•r•tlon The accounts have been prepared In accordance wlth Accountlng and Reportlng by Charitles.. Staternent of Recommended Practke applkable to charltles preparlng thelr accounis In a¢¢ordance wtth the Flnancial Reportlng Stand•rds appllcable in the UK and Republlc of ITeland IFR51021155ued on 16 ju 2014 aTrd ihe FlTrancial Report¢n8 Standard appllcable in the UK and the Republlc of Ireland IFRS 1021, the ChailtSes and Trustee Investment Iscotlandl Act 25 and the Charltles Accounts Iscotlandl Regulations 2( las arnendedl. The accounts to ihe ye4f end 2021 was the first year that Accrued Accounts h4ve been prepared and the account5 to year end 2025 are also presented in this format. The accounts for Central Baptist Church and Paislry Bèptlst Church have been amalgamated under merge aicountln8 poklicies to provide one set of accounts for the year. Funds Funds are classlflod as either restricted funds or unrestrTCted f¥Jnds. defined as follows.. Restrtcted funds are hjnds Subject to specrfic reoulrements as to thelr use which may be deelared by the donor or w*th thelr authorlty or created through legal processes. but stlll wtthln the wider objects of the charlty. Unre5trlcted fund5 are expendable at the discietlon of the trustees in furtherante of the oblects of the charity. If parts of the unrestricted funds are earrnarked at the discietlon of the trustees for a particular purpose, they are desienated as a separate fund. Th15 designation ha5 an adminSstralNe purpose onfy and does not restrict the trusiees, dlmretion to appfy the fund. Where the 5peclfic purpose of the fund ¢5 not known wlth certalnty. the fitnd has betn ¢l•sstfled as an unrestrlcted fund. Incorn• Incomels recognlsed when the chadty has entrtlement to the funds, any performance condltlons attached to the Iternlsl of Income have been met, It Is probable that the Income wlll be re¢efved and ihe amounl can be measured rellabty. DoMt•d Serwk•s and F•cllltl•s Donated professional sewvice5 and donated facil¢Ele5 are recognSsed as Incorne when the charlty ha5 ¢ontrol over the rtem. any condltions assoclated with the donated item have been met, the re¢elpt of economic benefit frorn the use by the charty of tho itern Is probable and that economic benefrt can be measured reliabfy. In accordance wf(h the Charities SORP IFR51021 the general volunieer tlme of congregatlon members is not recognlsed. On recelpt, donated profe55lonal services and donated facllltles are recogni5ed on the basls of the value of the gift io the charfty which is the arnount the charity would have been wllling lo pay to obtaln services or facilit$ of equfvalent economic benefit on the open rnarket.. a correspondlng amount Is then ognISed as expenditure in the perlod of receSpt. Resourc•s expend•d Expendltu¥e 15 re¢ognI5ed on an accru•l$ basls as the Ilabillty Is Incurred. Int•rest R•cel¥•bl• Interest on funds heh4 on deposit Is included as frl accrues and the amount can be measured rel10b by the charlty- thls Is normalty us)on notlflcatlon of Interest pald or Payab by the bank. Tan11b flmed 4sS•ts The Chvrch Manse was sold In October 2020 and the remalnln8 herltable property a$5d 15 the Church Bullding and adjoining Hall. The charity has previousfy reported Sts property ai a 2W5 valuation date. This value fornied the opet7ing valuation for the 2021 Accrued Accounts and contlnves io Infomi the Idual value in this year's accounts. Expendlture Incurred on the repaSv and rnalntenance of these as5et5 IS tharyed as resour¢es expended In the statement of f6nancS•l attftiitles In the perlod in whith the Ilability arises. All other fixed assets costlng In excess of f l.CO) havlng a value to the charity greater than one year, other than those acquired for specifk purposes. are capitallsed. Assets valued at £6,c( were Incorporated into the 2021 Accounts for the first tlme and £ontinue to depreclate on a strai8ht-lsne basls to write off the cost or Initial value, less resldual value, of tanglble fixed assets over thr e5tlmated uselul Ie$, startlng April 2020.. Church Buildlngs Bulldings fixtures and Furniture and church equiprneni New BoIr lfltted Nov 2024 New path Ilald Aug 20241 40 years 5 years 3 years 10 years 10 years TaM•tlon Paislty Baptist Chur¢h recocnlsed •$ • chaflty for tho purposes of opplIcab tamatlon le8lslatlon and Is therefore not sublect to taxation on it5 charitable a¢tNltles. The charlty is not reglstered for VAT and resourres expended therefore include Irr0Verable input VAT. Pa8e 7