STOPSLEY BAPTIST CHURCH - Filleted accounts

Registered number

07605036

STOPSLEY BAPTIST CHURCH

Filleted Accounts

31 December 2025

STOPSLEY BAPTIST CHURCH
Registered number:		07605036
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		1,777,668			1,777,668

Current assets
Debtors	4	16,532			23,552
Cash at bank and in hand		219,805			215,028
		236,337			238,580

Creditors: amounts falling due within one year	5	(71,093)			(59,528)

Net current assets			165,244			179,052

Net assets			1,942,912			1,956,720

Capital and reserves
Unrestricted funds - General			1,883,336			1,881,049
Unrestricted funds - Designated			-			2,033
Restricted funds			59,576			73,638

Shareholders' funds			1,942,912			1,956,720

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr N Mattocks
Director
Approved by the board on 7 July 2026

STOPSLEY BAPTIST CHURCH
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

	Income
	All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

	Expenditure
	Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

	Charitable activities
	Charitable expenditure comprises those costs incurred by the charity in the delivery of activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and stautory requirements of the charity and include the audit fees and costs linked to strategic management.

	Allocation and apportionment of costs
	All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis e.g. time spent or estimated usage as set out in Notes 5 to 8 of the full financial statements.

	Tangible fixed assets
	The custodian trustee for the church land and buildings is the Baptist Union of Great Britain Trust. The Trust holds the deeds for the following: Church premises - main 1,304,000 Old Chapel - GreenHouse 373,774 Land next to GreenHouse 99,894 Total Land & Buildings £1,777,668 The current church premises were built in 1994. The property is shown at historic cost within the financial statements.The Old Chapel Building was built in 1869 and was converted for use as a youth centre in 2002. There is no cost included for the original chapel but the refurbishment is included at cost. The land next to it was purchased in 2002 and is included at cost. The trustees have had the above professionally valued in July 2017, and the open market value of land and buildings exceeds their historic cost for the "current use" of the assets. No depreciation has been charged for buildings due to this valuation. Equipment costing below £5,000 is not capitalised. Items costing over £5,000 purchased since 1 January 2009 are capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected life. Office equipment depreciation is 20% per year.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	The charity is exempt from corporation tax on its charitable activities.

	Fund accounting
	Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds are unrestricted funds available for the general purposes of the organisation, but which have currently been earmarked for a particular purpose.by the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the full financial statements.

	Pension costs and other post-retirement benefits
	The charitable company operated a defined contribution pension scheme. The obligations ceased when the minister left the scheme. Any contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. The charity also makes payments into the The Peoples Pension. Contributions payable to these are charged to the Statement of Financial Activities in the period to which they relate.

2	Audit information

	The audit report is unqualified.

	Senior statutory auditor:	Mr D Brown FCA
	Firm:	Higginson & Co UK Ltd
	Date of audit report:	07 July 2026


3	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		12		13


4	Debtors		2025		2024
£				£

	Other debtors		16,532		23,552


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Other taxes and social security costs		9,317		8,139
	Other creditors		61,776		51,389
			71,093		59,528


6	Pension commitments

	Employee Benefit Obligations The profit and loss charge for the period represents the employer contributions payable. The total pension cost for the Church paid to the Baptist Pension Scheme is £Nil (2024 £3,219). Contributions were also made to The Peoples Pension of £7,384 (2024 £6,389).
7	Related party disclosure

	There are no related party transactions.

8	Other information

	Stopsley Baptist Church is a Private Company Limited by Guarantee and incorporated in England. Its registered office is:
	Stopsley Baptist Church
	St Thomas' Road
	Luton
	Beds
	LU2 7XP