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2021-03-31-accounts
Contents Page
Trustees' Report 1-5
Report of the Independent Examiner 6
Statement of Financial Activities 7
Balance Sheet 8
Statement ofCash Flows 9
Notes to the Financial Statements 10-18

Reference and Ad Reference and Ad ministrative Information
Charity name Chertsey Street Baptist Church Trust
Charity registration number 1071401
Registered office Grace
Church		 Guildford, c/o Trust Secretary, Chertsey Street,
Guildford,
Surrey		 GU1 4HL
Trustees and key management
Personnel R SClarke
AJ Greedy (Honorary Treasurer)
K Green
H J Griffin
N Mistry
DJ Skull (resigned 25 September 2021)
J P Southcombe
(appointed
21 April 2020)

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CHERTSEY STREET BAPTIST CHURCH TRUST CHERTSEY STREET BAPTIST CHURCH TRUST CHERTSEY STREET BAPTIST CHURCH TRUST
BALANCE SHEET
AS AT 31STMARCH 2021
2021 2020
Note
Fixed assets
Tangible
fixed assets
Investments		 2,234,641
131340		 2,290,139
109317
2,365,981 2,399,456
Current assets
Debtors 25,388 22,118
Cash at bank 862 534 213 192
887,922 235,310
Creditors: Amounts falling
due within one year ( 4 000) ( 2 782)
Net current assets 883922 232 528
Total assets less current liabilities 3,249,903 2,631,984
Creditors: Amounts falling
due after more than one year 10 (166000)
Net assets 14 3 083903 2 631 984
Funds
Unrestricted Funds 11 270,171 230,977
Designated
Restricted		 Funds
Funds		 11
12		 2,234,641
579 091		 2,290,139
110868
3083903 2 631 984

FOR T HE YEAR ENDED 3 1STMARCH 2 021
2021 2020
Cash provided
by/(used		 in) operating activities
(see below) 479,086 (14,977)
Cash flows from investing activities
Payments
to acquire tangible
Investment
income		 fixed assets 4 256 (8,220)
4 839
Cash provided
by/(used		 in) investing activities 4 256 ( 3381)
Cash flows from financing activities
Receipts from new loans 166000
Cash provided
by financing		 activities 166000
Net cash inflow/(outflow) 649,342 (18,358)
Cash and cash equivalents at 1 April 2020 213192 231 550
Cash and cash equivalents at 31 March 2021 862 534 213 192
Cash provided
by/(used		 in) operating activities:
Net income/(expenditure) 451,919 (59,788)
Depreciation 55,498 47,299
investment
income
Unrealised
(losses)/gains		 on fixed asset investments ( 4,256)
(22,023)		 ( 4,839)
3,370
Increase
in debtors
Increase/(decrease)
in creditors		 ( 3,270)
1 218		 (
(		 906)
113)
Cash provided
by/(used		 in) operating
activities 479 086 (14977)
Analysis ofChanges
in Net		 Debt
At 1stApril Cashflows Non cashflows At 31stMarch
2020 2021
Cash 213,192 48,530 261,722
Deposit with solicitor 600812 600 812
213,192 649,342 862,534
Interest free loans ~166000 ~166000
213192 483342 696 534

4 GRANTS (continued)
Unrestricted Restricted 2021 2020
Missionary
support		 134,278 134,278 148,872
Donations 13925 49692 63617 55 088
13925 183970 197895 203 960
Grants made to further the charity's objects, were as follows: Number
Association
ofGrace Baptist Churches		 1 7,000 7,000
Christian
Institute		 1 2,500
Christians
Against
Poverty
Friends
International
Grace Baptist Mission		 1
1
3		 2,000
2,000
9,328		 2,000
2,000
10,300
Life Matters 1 1,750
SIM 1 26,401 35,835
Other institutional grants 13 14,393 961
individuals
(UK and		 overseas) 24 136773 141614
197895 203 960
5 STAFF COSTS
2021 2020
Gross salaries 155,803 150,984
Social security costs 12,030 11,144
Employers
contribution
to defined		 contribution pension schemes 12,338 15,794
Other costs 7 213 5485
187384 183407

For use by the charity
Freehold Fixtures
land & &
buildings Fittings Total
Cost
At 1st April 2020 3,224,604 63,006 3,287,610
Additions
At 31st March 2021 3,224,604 63,006 3,287,610
Depreciation
At 1st April 2020 946,852 50,619 997,471
Charge for the year 51,792 3,706 55,498
At 31st March 2021 998,644 54,325 1,052,969
Net book value
At 31st March 2021 2,225,960 8,681 2,234,641
At 31st March 2020 2,277,752 12,387 2,290,139

COIFInco me Shares
2021 2020
Fair value
At 1st April 2020 109,317 112,687
Unrealised gain/(loss) 22,023 (3,370)
At 31st March 2021 131,340 109,317

8 DEBTORS FOR THE YEAR ENDED 31STMARCH 2
(continued)		 021
2021 2020
Income tax recoverable 15,936 18,112
Other debtors 1 62
Prepayments 9,451 3,944
25,388 22,118
9 CREDITORS: Amounts falling due within one year
2021 2020
Accruals 3,432 2,701
Other creditors 568 81
4,000 2,782
10 CREDITORS: Amounts falling due after more than one year
2021 2020
Loans 166,000
166,000

Balance as at Balance as at Balance as at
1stApril Income Expenditure Gains on 31st March
2020 investments Transfers 2021
General
Fund
Designated
funds:		 230,977 413,913 (256,963) (117,756) 270,171
Chertsey Building Fund 2 290 139
2 521 116		 413913 ( 55498)
(312461)		 -
~117756		 2 234 641
2 504 812
Balance as at Balance as at
1stApril Income Expenditure Gains on 31stMarch
2019 investments Transfers 2020
General
Fund
Designated
funds:		 240,410 395,722 (268,796) (136,359) 230,977
Chertsey Building Fund 2329218
2569628		 395722 ( 47 299)
(316095)		 8220
(128139)		 2 290 139
2 521 116

2021 2021 Tangible Tangible Fixed
Fixed Asset Long Term Net Current
Assets Investments Liabilities Assets Total
Restricted funds 131,340 447,751 579,091
Unrestricted funds:
Designated
funds		 2,234,641 2,234,641
General fund (166,000) 436,171 270,171
2,234,641 131,340 (166,000) 883,922 3,083,903
2020 Tangible Fixed
Fixed Asset Net Current
Assets Investments Assets Total
E
Restricted funds 109,317 1,551 110,868
Unrestricted funds:
Designated
funds		 2,290,139 2,290,139
General fund 230,977 230,977
2,290, 139 109,317 232,528 2,631,984