Reigate Baptist Church
Report and Accounts
Year ended 31 December 2020
Stewardship
Active8enerosity
1 Lamb'8 Passage, London ECIY 8AB
v.stewardship.org.uk

REIGATE BAPTIST CHURCH
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2020
Trustees
lan Curry
Margaret Thomas
Dr. John Eglinglon
Glenn Hiichfield
Key Stati
Mike Williams
Louine Berry
Senior Pastor
Church administrator
Governlng Document
Deed of Trusl dated 30th o￿ober 1998
Charity Registration Number
1072718
Principal Address
Sycamore Walk
Reigale
RH2 7LR
Independent Examlner
Archie McDowall
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
Bankers
CAF Bank Ltd.
25 Kings Hill Avenue
West Malling
Kent
ME194JQ
Contents
Charity Information
Trustees. Annual Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Cashflow Statement
Notes lo the Accounts
Detailed Statement of Financial Activities with Comparatives
Page
10- 11
12-20
21
P*1

REIGATE BAPTIST CHURCH
Sycamore Walk
Reigate
Surrey RH2 7LR
Trustee's Report for the year ended 31 December, 2020
Objects of the Charlty- Principal Activities and Or8ani5ation
The church 15 coristituted by a Oeed of Trust dated 30 ottober. 1998 and is registered with the Charity
Commission under reference 1072718.
The objects of the Trust are to advance the Christian faith to relieve hardship and to promote and fulfil
such other charitable purpose5 beneficial to the community in the County of Surrey and in such other
parts of the united Kingdom or the World as the Trustees think fft. The principal activities carried out in
pursuance of these objectives are set out below.
The Trustees who served throughout the year are Mr. lan Curry. Mrs. Margaret Thomas, Dr. John
Eglington and Mr. Glenn Hirchfield. The appointment of new Trustees is governed by the Trust Deed.
which require5 3 resolution of the majority of church members voting at a duly constituted church
meeting.
Financial Revlew
The total incoming resource5 for 2020 totaled £418,(KKI (which includes Foodbank donation5 in kind of
£32,0(K>I12019: £609.(￿. Foodbank donations in kind=nill. This produced rbet outgoing resources for the
church of £26.00012019= incoming £200,[￿). Income was lower in 2020 cornpared with 2019 because of
a large gift received in july 2019, and also the effect of COVIt>19, which prevented the church meeting
physically and prevented lettings for a large part of the year.
Fund balance5 carried forward amoEtnt to £2.139.IX(I.
Review of Actl¥lties
Worshfrp ond Proyer
At the beginning of the year and under normal circumstances all are welcome to attend our Sunday
morning and regular evening prayer services as well as our Easter and Christmas 5ervice5. There are
presently approximately 213 active members of the church a5 well as 10-15 awaitln8 member5h&p at our
next church meeting. Before COVID-19 our Sunday morning attendance was about 300 adult5 together
with children and teenagers attending several age-group meetings, however in accordance with
government guidelines physical service5 were not held from March 2020, and seryices held online. In line
with government guidelines, meetings recommenced in the Summer and on Sunday morninB5
approxlrnately 65 adults attended socially distanced meetings with others watching online.
Additionally, our regular weekty meetings were afferted by COVID-19 as follows-
Connect Ihou5el groups- meeting orbline.
WAGS IA"Wednesday Afternoon Group" for retired peoplel- not meeting.
Men's Bible Study Group- Meeting online.
Sisters in Christ (Ladies group which meets twice a monthl- not meeting
Coffee Moming - not meeting
Church Prayer meeting- online.

Children and Youth groups- Meeting online.
Outret7ch and Community
During 2020 our outreach projects were affected by COVID-19 as follows:
Events held=
200 children's Actiwty Advent Boxès were given out to l(Kal families.
Carols by candlelight yeèrly outreach where we went out to the local community with carols etc.
Children5' Christtnas Nativity event- welcomed 500 families in a Walk through Nativity
show outdoors.
Shoe Box appeal for Romania- completed with over 20 boxes collected
Christmas Hampers were distributed to needy households in the local community
Food Bank- conttnued throughout lockdown
Christian counselling- continued online with a few meeting on the premises
Youth Drop-ln. an after school group for local school children- moved to the park to
accommodate Covid-19 restrictions
Befriending calls during the pandemic= volunteers offering to befriend local community members
who were isolatinglshielding or needing grocery deliveries.
Events continued online..
The Alpha Course met online for a live stream and Q &A
Christmas Carol Service. was held online and ISO~Gifts in a BO￿ were given out to local church
and cornmunity member5.
Knit Club, a craft gTOUP for members of the church and the cornmunrty- continued from home
Events cancelled during COVID..
Marriage Seminars- not meeting
Parent and Toddlers Group
Winter Night Shetter
Surnmer fun day did not happen in 2020
Summer Holiday Club for local children did not run in 2020
During the year, the Foodbarbk run by the Renewed Hope Trust was transferred to Reigate Bapt4St Church
at no cost. In March 2021 this was transferred, also at no cost. to a new charity, Open Hands.
Government guidance relating to cointk19 has been followed lor all events and full Risk A55essments
carried out.
Use of the Church Building
The church building is generally used extensively for outreach and community event5. Private letting
reduced considerably after the COVID-19 restrictions began. Users include..
Surrey County Council (mostly for training in education)
Babcock Im05tly for trainin8 in education)
First Community Health
Alcoholics Anonymous
The National Blood 5etvice
Jigsaw (Charity for children who have lost a sibling)
Citizens Advice Bureau
TASR IThe Art5 Society Reigatel

Rotary Club
Reigate School
East Surrey Clinic31 Commissioning Group
SEND Ispecial Education Needs & Disabiliryl
R&BCC (Reigate & Banstead Borotsgh Councill
SWRV Isurrey Welfare Rights Group)
Sandcross School
Moonhall School
Warwick School
Pilates classes
Mission 24 Evangelism Trnining Course
The only bookings that we were able to accomm¢)date during the pandemic18iven the restrictionsl were=
The National Blood Service
First Community Health (mostly for training in vital healthcare)
Mission 24 Evangelism Training Course
In planning the activities, the Trustees have had regard to the guidan￿ on public benefit issued by the
Charity Comrnission.
Achievèments and perfomian
The preaching and teaching on Sundays and in the Connert Groups enabled members of the
congregation to increase their knowledge of God and in the practice of their faith.
The prayer rninistry team prayed foi those who requested it arhd this piowded help and comfort
for these respondents.
In the Youth Work about 11>15 young people continued to meet online each week
Grant Making Policv
The church tithes approximately IO% of its gross unde5ignated fund giving to Christian organisation5 and
Individuals agreed by the leadership. During the year significant gifts were made to..
Sparkfi5h for work in local schools
Peru Missionaries
Anchor Counselling Services
The South East Bapt15t A5￿ciatIon
Renewed Hope Trust
Barnabtjs Fund
Dnipro Hope Mission
Future Developments and Funding
There 3re currently no commitments foi future major capital expendit(tre.
Governance and Management
The Trustees are required to Meet at least once in every year and in prattice do so as often a5 necessary
for the proper m3nagement of the Trust. Four ordinary member5 meetings are Scheduled each year,
together with occasional extraordinary meetings dedicated to particular matters.
The Trustees review remuneration of all Staff. including the Pastor, annually. Thi5 is done with 3 view to
the level of responsibility each member of staff ha5 Wlthin the ch￿￿h. Salaries are also reviewed with
Pa9e 4

re8ard to the current rate of inflation.
The Trustees have attended various Seminars and training courses relevant to the role of Trustee.
Decisions as to the day-to-day pastoral work of the church are made by the Eldership. two of whom are
a150 Trustees. but referrin8 to the Trustees in all Financial and Legal matters, including staff appointments
and development w¢thin their roles.
Risk Mana8ement
The Trustees and Elder5 have examined the major strategic busine55 Operational and legal ri5k5 that the
church faces. The Trustees confirm that to the best of their knowledge and belief suitable 5y5tems and
rneasures are in place to monitor, manage and mitl8ate these risks appropriately for the benefit of church
members and other users of the premises.
In particular the main risks identified are..
The possibility of person31 accident daims being made against the church. The Trustee5 Itogether
with the Elders) have ensured that proper and regular Health and Safety reviews are carried out
for the premise5 and its, users. and all recommendations considered. and implemented where
relevant.
Loss caused by theft or financial fraud. The Trustees have ensured that procedures are in place
concernin8 the cash offerings and all payments made to and by the church to reduce the risk of
misappropriation.
Danger to youth and vulnerable adults due to Safeguardirbg issues. The Tfustees have ensured
that there 15 a relevant Safeguarding policy in place, ensuringthat all those involved with
vulnerable individua15 are aware of. and have had. the necessary training.
Losses caused by accidental or malicious damage to the church's assets Inamely the church
buildin& any ancillary structures and No. 16 Sycamore Walk). are mitigated by obtaining
adequate insurance lat competitive market rate51 against these risks and others.
Reserves policv
The trustees have determined that the charity should aim to hold unrestricted cash of no le55 than
£60,000 (which equates to 1.5 months of unrestricted expenditu￿1.
However the Trustees remain confident that the current reserves are adequate to meet the operations on
a day-by-day basis given that the on-8oing month-ttrmonth cash reserves are at a hiEher level than that
showrb in the balance sheet.
It has now been decided not to continue wtth the proposed extension to the church building in the
foreseeable future. therefore reserves are currently at a higher level than experted. This ha5 been useful
because of the reduttion in income in 2020 due to the effetts of cov1￿19.
Measures to safeguard against urhauthorised expenditure and to monitor income are constantly reviewed
to ensure funds are ri8orously proterted.
io.
Statutory Obligations
The Trustees and Elders have examined the relevant statutory requirernents in respect of
antidiscrirnination, the protection of vulnerable individuals (including childrenl. health & safety. and data
protettion. The Tr¢Jstees confirm that to the best of their knowledge and belief the church complies with
these obligations and does so in conformity with the objerts of the Trust.
ii.
Responsibilities of Trustees under Charity Law
P*Je 5

The Trustees are responsible for preparing the Trustees. Annual Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Chartty law requires the trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company as at the balarhce sheet date and
of it5 incoming resources and application of reSoUr￿s. including income and expenditure. for the
rinancial year. In preparing these financial Statements, the Trustees are required to-.
select suitable accounting policies and apply them consistently-
observe the methods and principle5 in the Charities SORP..
ake judgements and estimates that are reasonable and prudent-
state whether the applicable accounting standards have been followed. subject to any
material departures disclosed and explained in the financial statements-
prepare the financial statements on a going concern basi5 unle55 it is inappropriate to
presurne that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable thern to ensure that the
financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports)
Regulations 2008. They are also responsible for safeguardsng the assets of the charity and hence for
takin8 reasonable steps for the prevention and detection of fraud and other irregularities.
Iz.
Bankers
The TnJ5t's principal banker5 are CAF Bank Limited. 25 King5 Hill Avenue. King5 Hill, West Mallin& Kent.
ME19 4TA.
13.
Independent Examiner
The Trust's independerbt examiner is Archie McDowall. Stewardship Seivices. l Lamb's Passage,
London ECIY 8AB
Thi5 report was approved by the Twstee5 of Rei8ate Bawist Church on z6/7/ziand 518ned on their
behalf by..
lan Curry. Tluste
Date

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
REIGATE BAPTIST CHURCH
(Ihe Charity.)
I report lo the charity iruslees on my examination of the accounts of the Charity lor thg year ended 31
December 2020 on pages 8 to 21 following. which have been prepared on the basis ol Ihe accounting
policies set out on pages 12 and 13.
Responsiblliligs and basls of report
As Ihe charil*s Iruslees ol the Trust you are responsible for the preparation ol the accounts in
accordance with the requirements of the Charilies Acl 2011 I'lhe Act'l.
I report in Tespecl ol my examination ol the Charity's accounts carried out under section 145 01 the Act
and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under seetion 14515llbl ol Ihe Act.
Independent examiner's stslement
Since the Charity's gross income exceeded £250.000 your examiner musl be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination becaLJse l am a
member ol the Institute ol Chartered Accountants of Scotland. which is olle ol the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause lo believe:
1. accounting records were not kept in respect of the Cha¥tty as required by section 130 of the Act,. or
2. the accounts do not accord with those records.. or
3. the accounts do not comply wtth the applicable requirernenls concerning the forffl and content of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 olher than any requiremenl
that the accounts give a l¥ue and lairf view which is not a matter consideled as part of an independent
examination.
I have no concerns and have come across no olher mallers in Connection with the examinalion to which
attention should be drawn in ihis report in order lo enable a proper understanding ol the accounts lo be
reached.
Archie McDowall
Institute of Ghartered Accounlanls of ScotlarKI
19 August 2021
Stewardship
1 Lamb's Passage
London
ECIY8AB
Page 7

REIGATE BAwnsT CHURCH
STATEMENT OF ANANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2020
Total
Funds
2020
Total
Funds
2019
Unrestricted
Funds
Restricted
Funds
Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Charitablg a¢tivities
Other trading activities
Investments
Other in¢ome
331.911
3,621
30.725
251
34,503
16,927
348.838
3,621
30,725
251
34,503
516.799
9,358
82,071
236
465
Total Income and endowmenls
401,011
16,927
417.938
608,929
EXPENDITURE ON:
Charitable activities
439,009
1,784
440,793
448,136
Total expenditure
Net Incomellexpendlture)
439.009
1,784
15.143
440.793
448,136
160,793
137,9981
122,8551
Tr•nsf•rs between funds
17201
720
138.7181
15.863
122,8551
160.793
Actuarial gainslllossesl on defined
benefit pension schemes
Other gainslllossesl
16
13,1551
13,1551
39,390
Net movement In funds
141.8731
15.863
126.0101
200.183
Rèconciliation of tunds:
Total funds biought forward
2.163.885
1.400
2,165.285
1,965.103
Totsl lunds c8rrled fon¥ard
17
2,122,012
17,263
2,139,275
2,165,285
The statement ol financial activities includes g￿n$ and losses rec(*Jnised in the year.
All income and expenditure derive from continuing operalions.
The notes on page 12-20 form part ol these a¢xounts.
PwJe 8

REIGATE BAPTIST CHURCH
BALANCE SHE
FOR THE YEAR ENDED 31 DECEMBER 2020
Total
Funds
2020
Total
Funds
2019
Unrestri￿¢
Funds
Restri￿e￿
Funds
FSXED ASSETS
Tangible assets
2,063,725
2.063,725
2,082,343
2,063,725
2,063.725
2,082,343
CURRENT ASSETS
Stock
Debiors
Cash at bank and in hand
10
390
10,135
208.562
10.135
191,299
10,759
227.209
12
17.263
201.824
17,263
219,087
237,968
CREDITORS= Amounts 18lllng
dua wlthln one year
13
120,5991
120.5991
125,9001
Not eurr•nt as$ets I Illablllties}
181,225
17.263
198,488
212,068
Total assets less current 118bllltles
2.244.950
17.263
2.262.213
2,294,411
CREDITORS: Amounts falling due
after morg than one year
14
128.7381
128.7381
133.6261
Nel assels I Illabllltles) oxcluding
penslon asset I Illablllty)
D•fined b8neflt ￿heffle asset I Illabllltyl
2.216,212
17,263
2,233,475
2,260,785
16
194.2001
194,2001
195,5(101
TOTAL NET ASSETS
2,122,012
17,263
2,139,275
2.165.285
FUND BALANCES
Unrestricted Funds
General funds
17
2.122.012
2.122.012
2,122,012
2.122,012
2,163,885
2.163.885
Rèstricted Funds
17.263
17,263
1.400
2.122.012
17,263
2.139,275
2,165.285
Th& financial staiements were approved by Ihe Board ot Trustees and were SMJned on its behaw by:
Date 16 J(Al y
2021
lan Curry. Trust
Chaiity number:
1072718
The notes on pag
part of these accounts.
Page 9

REIGATE BAPTIST CHURCH
FOR THE YEAR ENDED 31 DECEMBER 2W20
CASH FLOW STATEIAENT
Noie
2020
2019
Cash Ilows trom 0￿r*Ing aetiviliès:
Nel c8sh provided by (us8din) operating activilies
2,383
227,100
Cash flows from inv•$iing O¢1ivitie$:
Dividends, interest and r8nts from investments
Purchase of property. plant and equipment
Alel oash pro￿ded by/(used In) Inwestlftg aetlviliès
251
7,203
6,952
236
43,372
43,136
Cash flows from flnancong aetlvltl8s:
Repayrnents of borrowing
Payments made lo BU lo￿ardS perLsion defKxi
Net cash prOvId￿ by/(used in) financing xlivilws
14.8571
4,455
9,312
14.8241
5,812
10.638
Change In cash and equlval•nts In lh• rwrtingperiod
Cash and equivalents at the beglnnlng ol the year
118,6471
173,328
227.209
53,881
Cash andcash equivalenls at the end ol th• y￿￿
208.562
227,209
Analysls ol ehang8s in ne¢ debl:
At start ol
y8ar
At end of
year
Cash.flows
Cash
227.209
118,6471
208,562
Bank loans-.
Falling due wthin one yeaf
Falling due after one yea
Finan￿ lease obligations..
Falling due wthin one year
Falling due after one year
Total net fund5 1 Idebtl
14,0001
112.0001
14,0001
18.0001
14.0001
18541
121,6261
31
18881
18851
120,7381
188.729
23,504
174,939
Page 10

REIGATE BAPTIST CHURCH
FOR THE YEAR ENDED 31 DECEMBER 2020
NOTES TO THE CASH FLOW STATEMEKr
Notg o: Reconciliatlon of net Ineom•l{èxpendilurel to net cash now from oprating activili
2020
2019
Nèt incomel(expendiIu￿j for th• r•porting peiiod (as per the stalement ollinanci81
actlvltlès)
Adlustmènts for:
Depreciation charges and provisK)ns for impwrrnenl
IGainslAosses on investments
Dividends. interest and rents from investments
Increaselldecrea581 in defined tenefit penS￿n liabilty
Ilncrga5elldecrease in siocks
Ilncreaselld8crea5e in debtors
Increaselld8crÈasel in credrtors
Nel G8$h provlded by (u58d Inj operallnll actlvlll•s
126.0101
2￿.183
25.822
27,510
12511
3,155
13901
624
15.3331
12361
139,3901
23,062
15,972
12.3831
227,100
Note b: Analysls of eash and cash equl¥al•nts
2020
2019
Cash at bank with immediate a￿$5
Notice derrt)sits Iwtth a term of three rTr)nths or la&%)
Petty cash
108,162
100,250
150
127,059
100,000
150
Totol cash and Cash equivalents
208,562
227.209
811

REIGATE BAPTETCHURCH
NOTES TO ThÉ ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2￿0
Statutory Irrforrn4tlon
The charity is a Irusi registered with the Charity Commission in ErwJlaTrJ & Wales. The chadtls registered number and principal
addre55 Can be found on Ihe Chatity Intortt￿IiD￿ page.
Arcounting Policl8s
These finartial ststèments are wepared on a (XY￿M bags, urKleithe historical cost oJnvenDon.
These Thnandal ststem&nts have teen wepar&1 in a0))rda￿ ￿ the Elate￿￿nI of Recommended Pracb¢e". Ac¢ountinq and
Reporting by Charities preparing lh￿r accounis in ac£ordarte *ith Ihe Finanual Reportiry Siandard appl￿ble in the UK and
Republic of Ireland IFRS 1021 IlhÈ Charibes SORP"). ¥Jith the FInar￿al Repo￿ng Starxlard applicable in the Uni18d Kingdom and
Republic of Ireland I"FRS 102.1 aTrJ ￿1h the Charthes Act 2011. The chanty meets the defiThtron of a public benelil entity as s81 out
in FRS 102.
The Charities (Accounts and Reports) Regulalions 2W8 Ithe .2008 Re9ulations'l requires charities le prepar8 their ac(x)unts in
accordance with 'Accounling and Re￿￿n0 by Charities.. Slaterrwil ot RecommerKled Practi￿ effeciwe from 1 April 2005. bui this
accouniing standard has since been Wlhdrawn antl has been replaced by Ihe Charibes SORP mentioned in the precedino
paragraph. The charity has prepared these linancaal S￿teMentS in accor(larKe *ilh th8 new Chatibes SORP.. this departur8 from Ihe
2008 Regulations is befjeved to be necessary for Ihesè fintinti￿ strternents to give a aThl lair ￿eY#.
The principles adoptecs in the preparatiw of the fir￿￿al statements are setout bek)w.
concern
The Irus18es have assèssed whether Ihe use ol Ihe goiw corKern basis is apprwate 8t￿ have considered possible evÈnts or
nditions thai might cast ￿nitiGant éoubt on the ability ol IhÈ charity ￿ continue as a going Ix)nGem. The tru51ees have made this
ass@ssmÈnt lor a period of ai least onè year from the dai8 ol approval ol the finaroal stsi&ments. In particular the Iruslees hav8
Cons￿ered the tharitys forecasts and proj*bons and the FO￿ble impli(abons should projected iwme and l or expenditure vary
un&xpèctedly. The Irusiaes hav& tttncludeLI that Ihere is a reasonable expeciation thai the charity has adequate resourtes to
conbnue to OP8rate lor lh8 forewab￿ fthure. The tharity th￿efOre conlinues to *opi the goiry corKern ba￿& in preparing its
finanaal slaternenis.
In [na￿ng this assessment the trustees have fxjn9kn￿ the irrw of Co￿-19 arKI have conduded thai irnpact on net Income
11 not be material.
bl Income
Incorrt intludirpJ investment income 15 recc¥ni￿ in thè peritKI in the dwity becomes entil￿d to re￿Ipt, the amount
receivable can be measureLI wlh reasonatAe certwnty. and rer*iN is probthe_ For thè most part. inwme is generally recognised
when it 15 received. Income is ontydelerrèj when Ihe charity has to lulfil ￿)￿[bOn5 télore beeotnitjg entil8d to it orwhere the donor
has speafr'ed Ihatthe incorD8 is to be exp￿￿ in a future Fer1￿1.
IncorM Ir¢m donations and ￿8¢le% ind￿.
Recoverable glft aid. This 15 reojgnised when the rekied donabon is receiv8d. GM aid that has not been rȢt)vered by th8
ba￿nCe sheet date is included as a debtor.
The charty relies on volunteers to carry oui many Df tts aC￿￿￿eS. However. in aoxrdancÈ ￿th Ihe SORP, the y￿Ue cf th8S8
services has nol been Indudad in these finarKial Sklemerits as tWc8nnDt bg reliabty Measu￿1.
When donaied goods, semces an(J fa(allOes are Oi5tnt%na1 or cOnsurr￿. an expense in respect of Ihose items is indu¢5ed in
the Statèment cl Financial Activitie5. Ai the year any gO￿S Ihat have not been distributed or consurned are recognised as
Income Irom charitsble activi￿e$ represents income rKe1val￿e from seryic85 and farilibes suwied In furtherancg of the
charity's charitsble objects. ll irtlut1e5 income from ¢hurch events.
Incotne from Olher trading actvtb8s represents irthme receivable from athibe5 uTrJertaken to gfyngrate fund& for Ihe charity. 11
wmarily income receNed from pror*rty renws.
The charity has taken the ￿e￿ thal it has onty one charitsNe actsvity. llarnely thÈ advar￿ment of the Chrisban falih. and al incom8
from donabons, lega￿eS arKI tharItab￿ acbvibes 15 in respect ol this one acti￿ty.
Èndilure
Expenditure, including irre(x)verabb VAT, is rerngnis•J vthen it is uKurr8d or. H earlier. OT wnstnjctive oblKJabOn for a
payment ari8es promded Ihai st is wrt*able thal sethemeni will b8 required a￿1 the amount of cèlsgation can be measured
Pwe 12

REiGATE BAPTIST CHURCH
NOTES TOTHE ACCOUNTS
FOR THE YEAR ENDED 31 DECEIIBER 2020
The charity makos grants to other institUDons aTh1 ITh1ividuaL% to further its Charits￿e objectives. Grants payable are recognised as
Constructive obltqations adse, whth 15 generally when Ihe ctharity exp￿SSeS a commrtmeni io Ihe recipient that can bo Tn&asured
rellably and Ihen only lo Ihe e*eni thai anycoTra￿0ns a$$D(xa￿ ￿ Ihe grani are ouisidÈ ol the control ol the charity.
Tho Charfties SORP requires ch8ri08s ￿th irtome over £SQO,(KK) ￿ ¥kncai8 eosts to the various aciwDes ￿r￿artaktn by the
charity. The nature ol Ihe worf4 01 the church is conshaered to so Integrat￿ that the core charitable acbvity costs are considered
io bè for Ihe one activty.
Governante C0$15. which are In￿￿ed in expendiiure on Chari￿￿￿ aCti￿tieS bul are identif￿d separately in the noles 10 ihe
accounts. Sncludes tos15 associated Wilh the indepÈrxlent examination of the finan(aal Statements. Complian￿ vKth Gonstilutional
nd statutory requirements and anyolher exp8Tr1iture InCu￿ed on the sIrats￿ managemeni of the charny.
dl FurKI acctr
General funds are unrestrict￿ lutKls %YhKh ar8 avaiLthe for use at the ￿ts¢re￿On ol the trt5tees in furtherance ol the general
obj8Clives of the tharity. De*gnated lunds comwse unrestrithed fur￿5 that have been s81 aside by Ihe Irust88s lor particular
purposes. Thertr are no designatsd lunds as ai the year end. Resirlcied fuThJs are ¢Jonaiicns which are to be useLI in accLYdance
with speatic rostriclions imFX)sed by donors.. they indLKle donatior6 receNed Iroffl ap￿lS lor speufic acts￿be5 or projects.
ible fixed a
ems purchased or donated for thè thar4V5 use are caF*ttii￿ when Ih? co* of purthased It8￿L8. or the far val￿￿ tsf donated
items, is molè than £500 and Ihe item is expect8d lo benefii the charity over more Ihan one aiwunting pariod. Depreciation Is
charged on a straight Itne ba>s so as 10 ￿lte (lo￿ value ol each asset to its estimated regdual value (if any) over ils Èxpected
5eknl economlc Ilfe. To a¢hieve this owve the fotb*iThJ rates ol deprÈ(aatson are charged."
Freeho￿1 land
Is [￿￿depre￿aied (l￿a￿ li is rKJl consumed by usel
Are not depwaied on the grourK15 thai they have very lory useful lives and Ihe assets
11 be mwntained in suc* condition Ihat there residu￿ Y￿UeS are not maierially diHÈrenl
from Ihe amounts showTr in ￿ balatKe sheet.
C￿er 4 years
FreehohJ build1r￿S
Equlpm8nt
The carrwng valu&s of tangib￿ lixed assets are r￿le￿ed for imwrment in Fen￿ts Tkn events of thanges in ￿rCumstanceS
indicate thai th8 caryng vdue may not bè recovera￿0.
11 P8nsi
me arran
èm
The charity is a paricipating 8myoyer in the Bapb"st Union Penwon whth. prior lo Janu2ry 2012. was a multi-èmployer
defined benefit pÈnwn scheme. The charity is Unab￿ to Kjenbfy its Sha￿ of this scheme's assets ar￿ liabililes therefore. as
permnt8d by FRS 102. the enb.re schÈme is bwThJ Ireated as rf it were a defined rA)nlribuDon schttne. The lasi actuarial valuation
Indicated Ihai the obligation lo provide delin& iEneliis gives rise ID a luThJirMJ def￿1 and the charity, along ￿th other parbcxpating
8mployÈr5, must rnake adrI￿ana1 ￿n￿bur￿$ to remeéy the def*yt. The 0￿19a￿On to make defiLXi reduction conlribulions In lulure
y88rs has been induded as a liability in these linanoal statements. Further tn10ryna￿n alx>ul this d8fioed benelils schem?. and the
¢hariVs o￿l08110n to contribuie towards it5 fundiryJ defirat. isdiscWd el&e*fiere in the noies 10 Ihe% accounts.
The charity ha5 taken advanrage ol the v8Th)￿ ref￿ts from tsxation awdIlab￿ 10 Chartbes aTrJ nr* trx is payth8 on the ¢haritys
i￿Om￿.
hl
The charitys tinancial assets and finandal 1iaixl￿￿ all quahfy as basic finantsal instruments, 85 defIr￿ by FRS102. Excepi for
loans, creditors and detslors are measured at their expected seldement value (normally the amount of cash that the charrty expects
to pay or r8ceivÈl. The charity recognises liablities for the w￿paI of those loans thai ￿[￿ainS outstanding at Ihe year 8nd li.È. Ihe
lia￿&it￿5 exdude any interest thargeatAe on the k)arts rn I￿re >*arsl.
ntin
8Slimate nd areas of.
meni
In preparing financial stslements judgemÈrts. esb"mates and assumptions have to b& made that affect the amourns
recognised in Ihe lin3ncial stsiements. Th8 Irusiees tA)nsder Ihe following to ￿ signifiBant=
11 The annual depre(iation charge lor woperty. plant atKI equipmerf is sen￿b￿9 to chawes in aslmaies for useful econotnic
1Sle and restitiual value. These estifflates are reasses￿1 annually arKI. when n8cÈ55ary. adjusted lo reflect current
arcumsiancÈs_
Page 13

REIGATE BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR ThE YEAR ENDED 31 DECEMBER 2020
Donatlons and fegacl•s
2020
2019
Donations of cash aTrJ ￿milar
Donaiions in
Legac￿ receivable
Income lax racoveratA8
268,037
32.390
336,559
125.000
55.240
516.799
48,411
348,838
Income from charltsbl8 actMtSes
2020
2019
Church retreats and 8vents
3.621
3.621
9.358
9.358
Income from other Iradiny ¥¢ti¥il
2020
2019
Rtrntal in(x)me
30.725
30,725
82.071
82.071
Other Income
2020
2019
b Reteniion Scheme grant
Insurance claim
Othèr tlli5Gellan8ous ir£ome
17,505
16,723
275
34.503
465
465
Charitllblg exp8ndrture
2020
2019
Co$ts Incurred dlrectty on spe¢rfir ?clivlt
Ministy
Minisler5' skff costs
Training and conference&
Minister5. housiry costs
Extemal speaker$
Youth and children
Church events & courses
her ministry costs
Buildings
siaft costs
Ulllity Costs
Cleaning
Rfypairs and mainterw￿8
Costs of letting
Other bU1￿1n9S tosts
Ouireach
Evangelism and events
terature and publioty
Foodbank- donations In e¥F4nsed
Gfants (see nol& 6cl
136.982
793
16,592
2,050
10,842
147,426
4.665
18.467
2.825
18,497
1,661
15,780
12.247
69.625
13.589
1.660
14.393
2,075
1,219
52,331
15,897
13,253
14.664
10.010
2.630
6,655
2,460
32,OOD
25.108
348.288
13.347
4.940
18.882
355.284
Cosls Incuryed on support & admlnlstrAtI
Governance casts
Independent examiners fee
4,680
4,680
5,815
5.815
Staff costs
TranstKrt
Catering
OflicÈ running expenses
Equiprnenl. repairs aThY maintenar
Depreualion
Insurat
Mortgage Intergst
Miscellaneous
32.816
193
2.037
6.349
11,005
25.822
5,722
S70
3,211
3Q.390
742
6,307
7.839
4.088
27.510
6,247
3.146
92.505
Tol81 expendfjture
440.793
44B.136
The lee payable lo indepÈrKlenl e%affHner for prepariw and examiniThJ Ihe ac¥>)unts was r4,44012019'. £4,80CtI". no olher fees
w&re payable to Stewardship for 4ny Olher servi￿$ WO¥K*ed.
P•3e 14

REIGATE 8APTSS7 CHURCH
NOTES TOTHE Accoupirs
FOR THE YEAR ENDED 31 DECEMBER 2tr20
Grant5 pHyllble
In5￿tUtIOnS
IndI￿dual8
2020
Gran15 for UK and oversea5 mission
Grants for the reliel ol poverty
6,000
500
6,500
15,844
9.262
25,106
8.762
18.606
The comparalnies lor th8 previous year ala as lollows:
Inslitutions
Indi*iduals
2019
Grants for LJK and oversea5 mission
Grants lor the relief of poverty
10.200
3,275
13,475
5.181
226
5,407
15.381
2.501
18,882
The charivs prinupal grants 10 inststubons coftysed:
2020
2019
SparfLfish
Street Pastors
South East Baptist Assoc4ation
Renèwed Hope Trust
Dnipro Hope MissK)n
Barnabas
Anchor
Faodbank
Earlswood Baptist
cornmUn￿Y Debt AthK*
Grants to institijtitins lor le55 Ihan £l.OCQ each
4.500
150
1,000
s,000
1,000
1,000
2.000
1.784
4,500
1.500
1.000
1,QOO
1.000
1,000
3.475
2.172
18.608
13.475
Anatysls of si•fl the cogt of key Manageft￿rt pBrsonnEI and trustee remuneratiDn and expenses
2020
2019
Gross wages and ￿a￿e5
Soaal securfty
P8nsion cosrs
213.938
11,335
13,638
238,910
211,689
15.582
14,140
241.411
The average rnonihly numt*r of employe85 duriTrJ Ihe 17 12019= In. Most of chariV5 actiwties ar8 tarried out by
voluntsers.
During Ihe year the church's key managemenl were Ihe Sen￿( Pastor arKI Ihe Church Administratof. Th8 total employment benefits
(exclL￿Ing houwng allewancel IDI those members of staff **re £57.11512019'. £49.8181.
In addthon the chadty IncU￿ed exwnditure ieialling r16.592 12019.- £18.4671 in respea ol Ihe tiistotnary prowsion of
accomtnodahon lo Mike Williams. who 15 a merntÉr of key managerrtenl. so Ihat they could belter perform thèir dubes. This total
indudes th8 paymeni ol a houyng albwance 01 £14.4￿12019: £14.4(Y)l admirti%tered though lh8 payroll.
No Irusiees orcunn￿8￿ parttes 8rrptynent benÈfits in eitt￿the currentor precdtng yaar.
Page15

REIGATE BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 201YI
Tanglble flxed llssets
Chu
FreeboKI
Property
Furniture
Freehohy
Property
Toial
2020
eouipmeni
Cost
Al 1 January 2020
ALILfilions
At 31 December 2020
1.796.445
238.446
230.932
7.203
238.136
2.265.824
7.203
2273.027
1,796.445
238.448
Accumulaied depreciation
At 1 January 2020
Charge lor the year
At 31 December 2020
183.480
25.822
209,302
183.4BO
25,822
209,302
Nel ix)ok value
At 31 De¢ember 2020
1.796.44S
238.446
28.834
2.063.725
At $1 December 2019
1,796.445
238.446
47.452
2.082 343
10 Stock
2020
2019
Denaied goods forfo(xlbank
11 Debtors
2020
2019
Tax recoverable
RÈntal in¢otne reeavable
Prepayments
Total debtors
4.234
3.112
2.789
10.135
3,559
6,376
825
10,759
12 Cash at Bank and kn H8r¥l
2020
2019
Cash ai bank immediate access
Not￿? derx)sits (Mlh a leim ol three or
108,162
1fy),250
150
208.562
127.059
100.000
150
227.209
13 Crtditor5: liabll(Ile8 f8lllng due whhin one
202
2019
Artsuals
Loans
Mortgage liatxlty
15.714
4,000
21,047
4,000
854
25.900
20,599
14 Credltors.. amounlsfalling afler more than one yaar
2020
2019
Loans
Mortgage liat6lity
8.000
20.738
28.738
12,000
21,626
33,626
PagE 16

REIGATE BAwnsT CHURCH
NOTES TO THE Accoup¥rs
FOR THE YEAR ENDEO 31 DECEMBER 2
15 Alortgage and other loans
ThÈ liabilities lor the mortgage and further loan5 refa￿ed to in ￿leS 13 arKI 14 fall due for r8pawmeni as fOl￿W$-
Bank loan5
2020
2019
Repayable..
Within one yÈar
Bemeen one and five years
After liv8 yea
885
4.012
16.726
21.623
854
3.726
17.900
22.480
Concessionary loans
2020
2019
R6payabl6'.
Within one year
Belween one and five years
4.000
12.000
16.000
8.000
12,000
The mortgage referred to in the above notes is secur•J on 16 Sytaftwe Wav& by wayof a fixed and floating chargè on tt)e propety.
Interest is Payab￿ ai a variable rate, whK* at Ihe baLqr￿ sh8et date w 2.7%. The k)an 15 being r8pafvJ In monthly instaltnents.
The concessionary loan referred to in the ab)ve rntes 15 uns8cur8d ar># Inle￿$1 tree. tt has been provi(Sed byth8 South Easi 8apb'5t
Association and is repayab￿ in instslm8nts of £2,000 Iwce each year.
16 Penslon Comm￿M6n￿
The Bapllst Unlon Ptnslon Scheme
8ack
rounrl I the discbsure
The charity is an employer parbppatiry In a pen*on scheme known as the Bapbst Pen510n Scheme Ilhe Scheme'l, *hich is
adminisiered by the Pension Tnjslee 18apiisi Pension Trust Llmitedl. The &heme is a separale *gal entity and the assets ol the
Scheme are held 5eparaiely IroFn those ol the Eftwoyer and th8 olher parbaWiThJ em￿0Yers. The Scheme cotnprises a Defined
Contribution (DCI Plan and a Defined Benefrt IDBI Plan.
The DB Plan is COnSkY8Ted 10 ￿ a rTruth-employer scheme as ¢J8scrfbÈd in Section 28 OT FRS 102. This is because it is not rM)ssible
10 attribute the DB Plan's assets and liabilities lo speofic empksyers aThl Mear￿ Ihai contribubons are aecounted lor as il the DB
Plan were a defined contribuiion schetne. The pen*ons (x)st5 charged to the SOFA in Ihe year cofflwse contribubons accruing Sn
the year in respect ol the OC Plan plus the impad ol ¢Jefi(aency conlribubons to the DB Plan (see belowl. Th8 charity is obliged 10
recognise a liability lor its exp*ted fulure 4*fK4eThythnlribuDons to thè OB Plan.
Minisl8rs and soffle membe¢s of thp church stall a￿ tOj￿n the SGheme.
Th D81inedCon
tion Plan
Frorn January 2012. pension pro￿$10￿ is beirmj made through ￿ Defined ContritKJbon (DCI P&n within the Scheme. In general.
members pay 8% ot their Pengonable Ir￿me arK* ernpbyets pay ￿ of membet5' P8nsionable Income into i￿￿￿￿￿al F6n810n
accoun18, whith are operated and managed behalf ol the Penwon Trustse by Legal and General Lite Assurance Society limited.
In addition, Ihe employer pays 2 lurther 4% 01 Pen￿Ona￿le Inttjme lor 3% il Ihe Èmployer is in Ihe 5egrogaled DC section) lo cover
Death in SeTriee Benefrts. a£fministration costs. arNY an assO￿tsd insurdnce polw Ythich pro¥￿e$ income protection lor Scheme
rnembeis in Ihg event Ihai they are unable tts work due 10 loThJ-term iwacAty- This inc*JTne prole¢Don p)licy has i>een insur8d by
the Bapiisi Union of Great Brfian %*ilh Unum L5mit#J. Memtws of Ihe Basic Section pay r8dLsced Ix>ntributions ol SPA ol Penwonabl8
Intolne. and Iheir Èmployers also pay a lotal 015%.
Page17

REIGATE BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YÉAR ENDED 31 DECEMBER 2020
Th8 Defin8d 88nefit
Benelils in respect ol Serv￿ ptior 10 1 January 2012 ￿ W0￿ed through the DefineLI Benefit IDBI Plan Wlhln Scheme. Th?
main benefits lof pr&2012 semce wera a dofined ￿nefit penshy of one e￿htiefft ol Final Minimum Pensionable Income for é2ch
year ol Pensionable ServicÈ, itrJeiher *ith additional petwn in respect of pwemiurns pa￿ on Pensionable Income in excess of
Minimum Pensionable Ir￿Me. Th8 Sch?me. prewousby kr¥￿ as thE Baptst Mini*rs' Pension Fund. Start￿ in 1925. but was
closed 10 futu￿ acGrual of Llefined t¢ne[￿ on 31 December 2011.
AC￿￿[i81 valuation BS at31 DÈcèmber2019
A formal valuation ol the Delined Benefft IDBI Plan was * 31 December 2019 by a Profe￿OnallY qualified Actuary using
the ProjeGted Unli Method. The martel value of Ihe DB Plan assets at the valuation ¢Jale was £298 rnillion. The valuation of the DB
Plan revealed a deficit ol awts compared the value of liatslrfies of £18 million lequnident to a pa￿ servic? funding ￿Ve1 of
94%1. The no￿ attuadal ¥Juation of the DB 15 due as al 31 Decarrtsr 2022.
R8coveryp12n
A recovery plan ¢Jaied ao Seplernber 2020 has t*n aw1 to make wj th8 at#)ve do￿ in assets. Therefore, in addition to the
coniribubons 10 Ihe DC Plan sel out atKwe. the Trusiee aTrl the CourKil agree to a rate ol defiuertyconirtbutions from ehuithes and
other employers involved Sn Ihe DB Pkn.
has been agreed that Ihe stsndard rale of ¢Jer￿er￿ o)ntrfjbLrtknns from thurckEs arhy ottw employers Involved In the DB Plan wll
remain ai previousty agreed leve15. irrreaEiThJ each year in line vrith inttease5 in Ihe Minimum Pensionable Incotne. The deliciency
corrtributions are broadly based on 1¥h pt pen90nab￿ I￿oMe l Minimum Pensionable Income, refleeting each employers
tontributions in March 2015. Some etnployes Ihal were in Ihe DB Plan for a short perod pay lo%Yer conlribuilon5. The
Trustee and he Council agreed a 50% reduction in deh"Liency contributions payable between l July 2020 and 31 Dec8mbBr 2020.
Th8 RÉcovery Plan envisages de[￿r￿con￿bUtiOnS wnlinuing until June 2026.
In addition, the Ba￿191 LI￿￿￿ of Great BrI￿n agreed to tx)nthlxrte a lump sum ol £O.Sm by 31 0￿mber 2020.
Key8ssiJmpiiorts
The kèy a55urnptions uTrJ8dytng the actyarial valLRtion of Ihe DB Plan Yh*Te a5 folkM'.
Type olfin8ncialassunTp&on
RPI prKe inllaiion assumption
CPI prre inllaison assumption
Minirllum Pensionable In(xJme irueases (CPI ￿￿S 0.75% pal
Assumed inveslrnent r81ums
- Prtrr8tirement
- Posi retirement
Deferred pen￿en Increases
- Pre April 2009
Post April 2009
Pension incr8ases
2.70
2.95
1.70
l&loveFn
in Balance Sheet '
2020
2019
In respeth of thè DB Plan..
8alanca sheet liability al 5tsrt 01 the year
Minu5 (leli￿enCY coniritKrtions pax1
Interest cost Irecognised in SOFA)
Remaining ¢hange lo balan(* sheel liabilnr (rewo￿ in SOFAI
Balan￿ Sheet liability ai the end ot the year
95.500
14,4551
140,702
15.8121
3.155
94,200
95.500
Due t￿h1n 1 year
Due after l year
4,455
89.745
5.812
89.688
94.200
95.500
' Compri¥e8 arychawe in agreed ￿fiC[t rewveryF4an in assury*lons iEiween y8ar*nds.
Paye 1B

REIGATE BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 20x1
17 Fund$
During Ihe year Ihe movetnents in the charytys lunds wère as loll¢mE:
OpeniThJ
Incomir*J
OutgoirvJ
Transfers
in the year
2020
Actuarial
Adjuslmenl
2020
Cbgng
balance
2020
2020
2020
Gene￿1 Unr8SiriCted Funds
2.183,885
401.011
1439.0091
17201
13.1551
2.122,012
Total Unrestricted Funds
2.163,885
401.011
1439.0091
17201
I3,1￿}
2,122,012
R8Stnci8dFunds
Building project
Sierra Leone Children's work
Goffee Cart
FO￿bank
11,lYJOI
370
370
3.750
13.143
1.750
14.927
11.7841
Total RèstriGled Funds
16,927
11.7841
720
17.263
Aggwale ol funds
2.165.285
417.938
1440.7931
12,1551
2.139.275
Analysls of net assets byfurKI
Th? assets and liabilities ol the Vario￿ fur￿ were as folknws-
Unrestricted
General
funds
Restricted
funds
2020
Tangible fixed assets
Stock
Debtors
Cash at bank and in harK*
credI￿rS falling due ¥Yithin year
c￿ditOrS falling due after one year
Defined benefit ￿nSIOn schetne5 Ikthlbes
2.IW,725
390
10.135
f91.299
120.5991
128.7381
194,2001
2,063.725
390
1Q.135
208,562
120.5991
128.7381
194.2001
17,283
2.122.012
17.263
2.139,275
In b¥eprevsotssyear1l￿ Mo￿1776ntr in Iheoty8ntys luThls wereas lowows..
(Iwirg In￿lFIl￿g
Tr8ryslets AGtyari&l
balan(¥ resourEes r8SOUrtes in theyeAr Adjustment
2019
2019
2019
2019
2019
G105ing
2019
Gen8r81 Unreslrict8dFunds
1.963.353
608,559
1447.416)
39.390
2, 163.885
Tol81 UnresthG16dFvnds
1,9&8.353
608.559
1447,416)
39.390
2. 163.885
Re5triGledFunds
Buileingproject
&errs L80ne Chilkns worfr
1,750
{720J
1,030
370
3TO
1.750
370
(7201
1,400
Ag9r6981é ollunds
1,965. 103
608.929
(448.1361
39.390
2.165.285
PwJe 19

REIGATE 8APTIST CHURCH
NOTES TO THE AccouTr¥rs
FOR THE YEAR ENDED 31 DECE¥8ER %120
An81ysls of not8sselsby lund
In th8prÈviousyear. the assets and￿b￿lI￿ ollh8 vwyous luThYs were as lolk¥ws.'
Unr8Strkred
General
fijnds
R8SttYcied
funds
2079
Tangib18 ftt8dassets
D8blO
Cash atbank arjdin h8
Credilors l811ino due wiEhin oney8ar
Cr8dirors lalling due airerone y
Debnedbenefrrpension Scheftw liatslibes
2.082.343
10.759
225.809
125.900)
(33.6261
(95.5001
2.082,343
10,759
227,209
125.900)
133,626)
195.500)
2,163,885
2, 165,285
The Buikying project Is a fufKI eSta￿l$hed for tjse ift wnjunction *71h a hrturÈ anbcipated e￿￿n￿Ort to tt)e church buihaing. During the
year money was transferred in lo cover expenditure on a buihfjiry survey in 2019 whrh shoukl have been lurd by unresirictÈd funds,
th8 outstanding balance was translerred 10 the Cottee Cart Fund wth the per￿ssion of Ihe donor.
The Sierra LeonÈ chiklrens work fund has bpen establishad 10 SUW)rt thikJren's worft in Sie¥ra Leone. Grants are made in 5UPPOrt
of this work in mosi years.
The Ccttee Cart fund rewesenls donab.ons 10 pur¢hase a o)ff8e carL
The Fwdbank fund 1$ f¢rthe sUPPOrt of Ihe F￿￿lban
18 Tr4nsactlons wlth related part￿8
Dunno the year the charity..
al received Llonations toraiiNJ £32.695 12019: £43.3291 from ra￿ted parties Iwhth indudes trustee5. any Other meM￿rS ol key
manaoement and an￿ne ck)selyconn8ctsd to Iheml.
On 25th November 2020. Ihe Focébank by Ihe Renewed Hope Trustwas transleTred lo Reigaia Baptist Church al no cost. In
March 2021 this was transferred ai no eosl to a new tharity. Open Hands. Mthelle Hirchlield, the %trife of Glenn Hirchfield a Twstee,
was herse￿ a Trustee ol Renewed Hope Twsl and O￿n Har¥Js at Ihis time. She has ￿nce resigned from boih charTbes.
Except as disclosed above aTrJ in noie 7 Anaws of stsff LY)5W. Ihere have been Olher transacbons with relaied parties during
Ihe year.
19 Events slnce tha er
As explained in the Trustees. report. the charity has affecled by COVID-f9 and as a resutt haLf ￿ suspend PhYs￿al gaiheriros
lor some lime according to governmentguKlelines. The Truslees are ffthiitoring expenditure aThY, il il becom88
ne¢essary. ￿11 lake measures to mthgaie Ihe impad of COVID-19 on Ihe thariiys rash reserves.
Page 20

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