2020 ## ANNUAL REPORT & ACCOUNTS ## FINDON VALLEY FREE CHURCH (BAPTIST) 1 | P a g e ## Table of Contents 2 | P a g e FINDON VALLEY FREE CHURCH (BAPTIST) **----- Start of picture text -----**
Bankers
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Independent Examiner 3 | P a g e ## TRUSTEES REPORT 2020 ## STRUCTURE, GOVERNANCE AND MANAGEMENT ## REVIEW OF FINANCIAL POSITION 4 | P a g e ## RESERVES POLICY ## RISK MANAGEMENT ## ACTIVITIES ## Church Mission Statement - - - - 5 | P a g e ## Secretary’s Report 2020 6 | P a g e ## Details of Significant Activities ## Moderator’s Report 7 | P a g e ## FINDON VALLEY FREE CHURCH (BAPTIST) ## STATEMENT OF ACCOUNTS ## YEAR ENDED 31[ST] DECEMBER 2020 ## STATEMENT OF CHARITY TRUSTEES (DEACONS) RESPONSIBILITIES - - - - - 8 | P a g e INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS I report to the trust￿5 on my examination of the ￿CoUnts of Kirbth)n Valley Free Church fcf the year ended 31st D￿rnber 2020. 8 the charity's trustees, you are responsitrAe fcf the prepardtion of the accwnts in accordan￿ with the requirements of the Charities Att 2011 ("the Acv). Re5ponsibiltie5 and basis of repxt I report in resrert of my examination of the charity's accounts carrigj out under sectKJn 145 of the 2011 Att and in carrying out my examination. I have follow￿￿ all the applicable Diréctions oiven by the Charity Commission uThler ￿tr"on 14515llbl ofthe INIePw￿ examiner's staten)ent I have complet￿1 my examination. I confirm that no material matter5 have come to my attenth)n in connertion with the examination vthich gives rr£ cause to believe that in, any material respect: the ￿CoUn￿.ng recordg weré nrt kept in accordan￿ with s￿t￿)n 130 c* the Charitbes Art: or the accounts did not accord with the accounting records; the accwtts dbd not comtAy wrth the applicable wuirerTEnts corKerning the ftxm and contsnt of 3cc￿jnts set out in the Charities {Accounts and Reports) Regulations 2008 other than any r￿Ju1[erTEnt that the ac¢J)unts give a 'true ar￿ fairf View whith is rK)t a matter cwsder&l a5 part of an independent examination. I have no concems and have come across no ot￿r matters in connection wth the examination to ￿lch attention should be drawn in this report in order to enable a prDper uTh4er5tanding of the accounts to Ee Signed Narr* J Ir¥r￿Y1th FCE Date M21 Inde￿ndent Examiner5 Ltd Untt 2 The Broadbridge PAtsiness Centre Delling Lane Bosharrh West Sussex P018 8NF 91Page Findon Valley Free Church (Baptist) 10 | P a g e ## **STATEMENT OF FINANCIAL ACTIVITIES 2020** |**INCOME AND ENDOWMENTS FROM:**|**INCOME AND ENDOWMENTS FROM:**||**Funds**|||**Total Funds**|**Total Funds**| |---|---|---|---|---|---|---|---| ||Note|**Unrestricted **|**Designated**|**Restricted**|**Endowment**|**2020**|2019| |||£|£|£||£|£| |Donations and Legacies|4a|56,050|100|6,191||62,341|83,868| |Raising Funds
Preschool and Organisations|
**4b**|||29,136||29,136|36,911| |Investments|**4c**|13,019|275|1||13,295|10,792| |Charitable Activities|**4d**|245|490|213||948|1,996| |Other incoming resources|**4e**|101||||101|123| |**Total Income**||**69,415**|**865**|**35,541**||**105,821**|133,690| |**EXPENDITURE ON:**|||||||| |Raising Funds - PreSchool|**5a**|||24,798||24,798|32,666| |Raising Funds|**5b**|||2,158||2,158|8,788| |Charitable Activities|**5c**|49,194|1,451|6,295||56,940|83,839| |**Total Expenditure**||**49,194**|**1,451**|**33,251**||**83,896**|**125,293**| |**Net Income/(Expenditure)**
**- before transfers**||**20,221**|**-586**|**2,290**|**0**|**21,925**|**8,397**| |**Transfers Between Funds**|||||||| |Gross transfers -in|**12**||||||19,740| |Gross transfers -out|**12**|||||0|-19,740| |Net Gains/(losses)on investment|||||||| |assets||0||0|8,034|8,034|145,953| |Actuarial gain/loss on Defined Benefit|||||||| |Pension Scheme|**15**|12,927||0||12,927|2,023| |**Net movement in Funds**||**33,148**|**-586**|**2,290**|**8,034**|**42,886**|**156,373**| |**Total Funds brought forward**||62,350|152,422|8,843|3,169,008|3,392,623|3,236,250| |**Total Funds carried forward**||**95,498**|**151,836**|**11,133**|**3,177,042**|**3,435,509**|**3,392,623**| "there may be discrepancies in the totals if pence are not being shown" 11 | P a g e ## FINDON VALLEY FREE CHURCH (BAPTIST) - - - 12 | P a g e 13 | P a g e 14 | P a g e ## **FINDON VALLEY FREE CHURCH (BAPTIST)** ## **NOTES TO ACCOUNTS (continued)** ## **4. Analysis of Income** |4.a)|**Donations and Legacies**|||||| |---|---|---|---|---|---|---| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Donations and Gifts|96||3,880|3,975|6,996| ||Gift Aid Donations|35,390|||35,390|44,652| ||Legacies|1,000|||1,000|1,000| ||Cash Collections|6,516|||6,516|11,074| ||Envelope|3,505||1,495|5,000|5,479| ||Gift Aid Tax Refund|9,543|100|816|10,459|14,669| |||**56,050**|**100**|**6,191**|**62,341**|**83,868**| |4.b)|**Raising funds Preschool and Organisations**|||||| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Bookstall|||507|507|448| ||Luncheon Club|||1,114|1,114|4,626| ||Step Inside Coffee Shop|||771|771|3,365| ||Pre-School|||26,744|26,744|28,473| |||||**29,136**|**29,136**|**36,911**| |4.c)|**Investments**|||||| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Premises Letting|12,866|||12,866|9,688| ||Bank Interest|153|275|1|429|1,105| |||**13,019**|**275**|**1**|**13,294**|**10,793**| |4.d)|**Charitable Activities**|||||| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Ladies Breakfast||235||235|175| ||Open House|||213|213|846| ||Flowers|245|||245|720| ||Mens Breakfast||256||256|256| |||**245**|**490**|**213**|**949**|**1,997**| |||||||| 15 | P a g e |4.e)
**Other Income**
Analysis
Photocopying
Catering|Unrestricted
Designated
Restricted
2020
2019
£
£
£
£
£
1
1
18
100
100
105| |---|---| ||**101**
**101**
**123**| ## **5. Analysis of Expenditure** |5.a)|**Raising funds Pre-School**|||||| |---|---|---|---|---|---|---| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Pre-School|||24,798|24,798|32,666| |||||**24,798**|**24,798**|**32,666**| |5.b)|**Raising funds Organisations**|||||| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Bookstall|||483|483|412| ||Luncheon Club|||881|881|4,966| ||Step Inside Coffee Shop|||795|795|3,410| |||||**2,158**|**2,158**|**8,788**| |5.c)|**Charitable Activities**|||||| ||Analysis|Unrestricted|Designated|Restricted|2020|2019| |||£|£|£|£|£| ||Gifts to Mission - Note 6|7,215||6,186|13,401|9,155| ||Direct Church costs - Note 7|39,780|1,020||40,800|72,097| ||Church support Organisations - Note 8||431|110|540|1,250| ||Independent Examiners Fees|834|||834|678| ||Professional Fees|1,306|||1,306|600| ||Bank Charges|60|||60|60| |||**49,194**|**1,451**|**6,295**|**56,940**|**83,839**| |**6. GIFTS TO MISSIONS**
**From Missions Funds:**
BMS World Mission
Operation Agri
Baptist Home Mission
MAF
Release International
**Total via Restricted Funds**|2020
2019
**Overseas**
**General**
**UK**
**Total**
Total
£
£
£
£
£
2,914
2,914
2,042
691
691
1,207
1,489
1,489
3,596
915
915
747
177
177
733| |---|---| ||**4,697**
**1,489**
**6,186**
**8,325**| 16 | P a g e ||**Overseas**|**General**|**UK**|**Total**|**Total**| |---|---|---|---|---|---| |**From General Fund**|£|£|£|£|£| |BMS World Mission|1,357|||1,357|-| |Operation Agri|1,257|||1,257|-| |Baptist Home Mission|||1,257|1,257|-| |MAF|1,257|||1,257|-| |Release International|1,257|||1,257|-| |Spurgeons Childcare|||230|230|230| |Spurgeons College|||350|350|350| |Retd.Bapt.Ministers Housing|||250|250|250| |**Total via General Fund**|**5,128**||**2,087**|**7,215**|**830**| |**Total Mission Giving**|**9,825**|**0**|**3,576**|**13,401**|**9,155**| |**2020:This total represents 16.9% of total incoming resources (less Pre-school & Gift Day)**|||||| |**2019:This total represents 9.5% of total incoming resources (less Pre-School & Gift Day)**|||||| ## **7. Direct Church Costs** |Salaries
Pension Deficit
Manse Utilities
Manse Repair & Maintenance
Church Utilities
Church Repair & Maintenance
Cleaning
Printing,postage,stationery
Subscriptions
Conf & Training costs
Equipment
Advertising & Publications
Telephone,computer,internet
Admin expenses
Catering,gardening,flowers|**2020**
**2019**
£
£
10,271
38,935
563
838
2,385
1,976
1,279
552
7,507
9,510
2,427
2,794
323
651
686
1,183
1,628
3,069
750
105
2,347
2,046
921
542
2,016
2,630
7,124
5,414
573
1,851
40,800
72,096| |---|---| 17 | P a g e ## **8.Church Support Organisations** |Open House
Ladies Breakfast
Mens Breakfast|**2020**
**2019**
£
£
110
775
175
270
256
205
540
1,249| |---|---| ## **9. EMPLOYEES REMUNERATION** |||**2020**|**2019**| |---|---|---|---| |||£|£| ||Gross remuneration paid to all employees|26,984|53,826| ||Total NIC Employer payments|0|300| |**|Pension Deficiency Payments to BU|2,724|3,553| ||Employer Pension Contributions|0|1,719| ||NIC ER(allowance April '19 - April '20 - £3000) used|1,015|556| ||NIC ER(allowance April '20 - April '21 - £4000) used|188|960| ||Net movement in pension liability|0|1,530| ||The average numbers of paid staff were:||| ||Minister position vacant||1| ||Youth Worker not recruiting||1| ||Preschool staff (part time)|4|4| ||Administrator(part time)|1|1| 18 | P a g e ## **10. TRUSTEES (DEACONS) REMUNERATION & EXPENSES** |**TRUSTEES (DEACONS) REMUNERATION & EXPENSES**|||| |---|---|---|---| ||2020||2019| ||£||£| |The total gross salary paid to Minister(position vacant from June 2019)||0|12,469| |Amount of reimbursed expenses||0|0| ## **11. Restricted Funds Movement - this year** |**Fund**
Kitchen Equipment Reserve
Organ Refurbishment
Preschool
Organisations
Missions
**Totals**|**31.12.19**
**Transfers**
**Receipts**
**Payments**
**31.12.20**
£
£
£
£
£
274
0
1
0
275
600
0
0
0
600
1,106
0
26,744
24,798
3,053
6,863
0
2,605
2,268
7,201
0
0
6,191
6,186
5| |---|---| ||**8,844**
**0**
**35,541**
**33,251**
**11,134**| |**Restricted Funds Movement - last year**|**Restricted Funds Movement - last year**||||| |---|---|---|---|---|---| |**Fund**|**31.12.18**|**Transfers**|**Receipts**|**Payments**|**31.12.19**| ||£|£|£|£|£| |Kitchen Equipment Reserve|359.97|0|92|178|274| |Organ Refurbishment|600|0|0|0|600| |Preschool|5,300|0|28,473|32,666|1,106| |Organisations|7,141|0|9,285|9,562|6,863| |Missions|0|0|8,325|8,325|0| |**Totals**|**13,401**|**0**|**46,175**|**50,731**|**8,844**| NOTE: All restricted funds are held in current assets ## **12 Designated Funds Movement - this year** |Fund
Mens' Breakfast
Ladies Breakfast
General Reserve
Building Fund
Fabric and Renewal
Outreach
Totals|**31.12.19**
**Transfers**
**Receipts**
**Payments**
31.12.20
£
£
£
£
£
441
0
256
256
441
197
0
235
175
256
60,172
0
0
0
60,172
23,939
0
76
0
24,015
882
0
3
0
885
66,793
0
296
1,020
66,069| |---|---| ||**152,423**
**0**
**865**
**1,451**
**151,838**| 19 | P a g e ## **Designated Funds Movement - last year** |Fund
Mens' Breakfast
Ladies Breakfast
General Reserve
Building Fund
Fabric and Renewal
Outreach
Totals|**31.12.18**
**Transfers**
**Receipts**
**Payments**
**31.12.19**
£
£
£
£
£
489
0
256
304
441
291
0
175
270
197
40,180
19,710
282
0
60,172
23,778
0
162
0
23,939
876
0
6
0
882
67,882
0
3,396
4,485
66,793| |---|---| ||**133,496**
**19,710**
**4,276**
**5,059**
**152,423**| ## **13 Commitments** ## a Photocopier On the 25/10/2019 the church entered into an 5 year agreement with ASL/Siemens to lease a photocopier. Pre VAT quarterly payments amount to £350. ## **14 Liabilities** This is made up of money held for £ FVRA Arts & Crafts 25 New Life Church 75 Turning Tides 180 Rowland Singers 75 Total 355 ## **15 Provisions** Pension scheme agreed deficit recovery liability |Accounting date(year ending)
Balance sheet liability at year start
Minus deficiency contributions paid
Interest cost (recognised in SoFA)
Remaining change to balance sheet liability* (recognised in SoFA)
Balance sheet liability at year end|31/12/2020
31/12/2019
£
£
34,452
36,683
2,724
-
3,553
-
563
838
10,765
-
484
**21,526**
**34,452**| |---|---| * Comprises any changes in agreed deficit recovery plan and change in assumption between year-ends. "there may be minor discrepancies in the totals if pence are not being shown" 20 | P a g e ## Open House (Parent and Toddler Group Ministry) Annual Report 2020 21 | P a g e ## Messy Church 2020 ## Preschool Report 2020 ## Youth Church 2020 22 | P a g e ## ROOTED – Friday Evening Youth Work 2020 ## 1st Findon Valley Scout Group 2020 23 | P a g e ## T.L.C. Ministry 2020 24 | P a g e Step Inside Coffee Shop Ministry 2020 ## Ladies’ Breakfast Ministry 2020 ## Men’s Breakfast Ministry 2020 ## Home Groups 2020 25 | P a g e ## BMS Birthday Scheme ## Flower Ministry Yearly Report 2020 ## Bookstall Report 2020 26 | P a g e ## – Blythswood Care Shoe Box Appeal 2020 27 | P a g e ## Summary of Safeguarding Policy Statement - - - - - 28 | P a g e