2021-03-31-accounts - Beechen Grove Baptist Church Trust

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		Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
I	Notes
Income and endowments from:
Voluntary income
including donations and
legacies	3	24,648	-	24,648	36,421	-	36,421
Income from charitable
activities	4	58,920	-	58,920	178,640	-	178,640
Investments	5	3,935	-	3,935	3,324	-	3,324
Other income	6	250	-	250	1,193	-	1,193
Total income		87,753	-	87,753	219,578	-	219,578
Expenditure on:
Charitable activities	7	127,387	-	127,387	180,864	-	180,864
Net gains/(losses) on
investments	11	(2,002)	-	(2,002)	944	-	944
Net movement in funds		(41,636)		(41,636)39,658			39,658
Fund balances at 1
April 2020149,30712,500				161,807	109,64912,500		122,149
Fund balances at 31
March 2021		107,67112,500		120,171	149,30712,500		161,807

		2021		2020
	Notes
Fixed assets
Investments	13		88,517		100,520
Current assets
Debtors	15	12,931		25,833
Cash at bank and in hand		19,758		36,524
		32,689		62,357
Creditors: amounts falling due within
one year	16	(1,035)		(1,070)
Net current assets			31,654		61,287
Total assets less current liabilities			120,171		161,807
Capital funds
Endowment funds - general	18		12,500		12,500
Income funds
Unrestricted funds
General unrestricted funds		100,909		139,496
Revaluation reserve		6,762		9,811
			107,671		149,307
			120,171		161,807

	20212020	20212020	20212020
Donations and gifts	17	,196	,947 16,
Envelope Scheme		975	,430 3.
Other Offerings		838	,697 3,
Income tax refund	4	,639	,347 7,
Legacies	1	,000	,000 5,
	24	,648	,421 36,
Income from charitable activities
		20212020
Contributions for use of premises58,920			178,640

	Unrestricted	Unrestricted
	funds	funds
	2021	2020
Charinco Common Investment Fund	3,935	3,324
Other income
	Unrestricted	Unrestricted
	funds	funds
	2021	2020
Other income	250	1,193
Charitable activities
	2021	2020
Staff costs	58,070	71,997
Administration	2,664	2,506
Insurance	9,401	9,063
Premises costs	33,757	56,571
Manse expenses	5,774	5,709
Pastoral care	2,674	5,312
Resources	73	3,341
Telephone	2,038	2,035
Legal and professional costs	5,437	592
Sundry expenses	4,689	6,568
Bank charges	32	66
Governance costs	1,080	1,080
	125,689	164,840
Grant funding of activities (see note 8)	1,698	16,024
	127,387	180,864

	2021	2020
Grants to institutions:
BMS World Mission	649	4,752
CBA (Baptist Union Home Mission)	649	4,752
Other	400	6,520
	1,698	16,024

Number of employees
The average monthly number of employees during the year was:
	20212020
	NumberNumber
Pastoral Care (Minister)	1	1
Management of House and Community	2	3
	3	4
Employment costs	2021	2020
Wages and salaries	50,645	63,327
Social security costs	241	1,139
Other pension costs	7,184	7,531
	58,070	71,997

	Unrestricted	Unrestricted
	funds	funds
	2021	2020
Revaluation of investments Gain/(loss) on sale of investments	(2,080) 78	944
	(2,002)	944
Tangible fixed assets
The Church occupies land and premises which are owned by The Baptist Union Corporation Limited for no
value.The original cost of the land and buildings are unknown and there are insufficient details		available to
determine its current value.

		Listed
		investments
Cost or valuation
At 1 April 2020100,520
Valuation changes(2,080)
Disposals(9,923)
At 31 March 202188,517
Carrying amount
At 31 March 202188,517
At 31 March 2020100,520
14Financial instruments	2021	2020
Carrying amount of financial assets
Instruments measured at fair value through profit or loss	88,517	100,520
15Debtors
	2021	2020
Amounts falling due within one year:
Trade debtors	8,298	12,396
Other debtors	4,633	7,329
Prepayments and accrued income		6,108
	12,931	25,833
16 Creditors: amounts falling due within one year
	2021	2020
Other taxation and social security		70
Other creditors	35
Accruals and deferred income	1,000	1,000
	1,035	1,070

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19	Analysis of net assets between funds
		Unrestricted	Endownment	Total
		Funds	Fund
	Fund balances at 31 March 2021 are represented by:
	Investments	88,517		88,517
	Current assets/(liabilities)	19,154	12,500	31,654
		107,671	12,500	120,171
		Unrestricted	Endownment	Total
		Funds	Fund
	Fund balances at 31 March 2020 are represented by:
	Investments	100,520		100,520
	Current assets/(liabilities)	48,787	12,500	61,287
		149,307	12,500	161,807
20	Related party transactions
	The custodian Trustee of the church is the Baptist Union Corporation Limited (Charity No.249635),which
	is controlledby the Baptist Union Council. The church is also a member of the Baptist Union of Great
	Britain and the Central Baptist Association.