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2022-12-31-accounts

Trustees lan Curry
Margaret Thomas Resigned 31stMay 2023
Dr. John Eglington
Glenn Hirchfield Resigned 12th January 2022
Lisa Marie Hopkins Appointed 12th January 2022
Key Staff Mike Williams Senior Pastor
Louine Berry Church administrator
Governing Document Deed ofTrust dated 30th October 1998
Charity Registration Number 1072718
Principal Address Sycamore Walk
Reigate
RH2 7LR
Independent Examiner Sarah Crispin ACA
Stewardship
1 Lamb's Passage
London
EC1Y8AB
Bankers CAF Bank Ltd.
25 Kings
Hill Avenue
West Mailing
Kent
ME194JQ
Contents Page
Charity
Information		 1
Trustees' Annual Report 2-6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Cashflow Statement 10-11
Notes to the Accounts 12-20
Detailed Statement of Financial Activities with Comparatives 21

Total Total
Unrestricted Restricted Funds Funds
Note Funds Funds 2022 2021f
INCOME AND ENDOWMENTS FROM:
Donations
and legacies		 334,264 7,076 341,340 444,270
Charitable
activities		 8,967 2,836 11,803 5,237
Other trading
activities		 57,945 57,945 35,854
Investments 98 98 70
Other income 21,382 21,382 41,833
Total income and endowments 422,656 9,912 432,568 527,264
EXPENDITURE ON:
Charitable
activities		 7 474,098 5,171 479,269 553,150
Total expenditure 474,098 5,171 479,269 553,150
Net income/(expenditure) (51,442) 4,741 (46,701) (25,887)
Transfers
between funds		 16
(51,442) 4,741 (46,701) (25,887)
Other recognised
gains/(losses):
Gains/(losses)
on revaluation		 of fixed assets 161,554
Actuadial
gains/(losses)
on defined
benefit pension schemes 15 58,517 58,517 26,055
Net movement
in funds		 7,075 4,741 11,816 161,723
Reconciliation
offunds:
Total funds brought
forward		 2,297,592 3,406 2,300,998 2,139,275
Total funds carried forward 16 2,304,667 8,147 2,312,814 2,300,998

Total Total
Unrestricted Restricted Funds Funds
Funds Funds 2022 2021
Note f E L F
FIXEDASSETS
Tangible assets 9 2,208,728 2,208,728 2,224,013
2,208,728 2,208,728 2,224,013
CURRENT ASSETS
Debtors 10 18,676 18,676 16,052
Cash at bank and
in hand		 11 92,348 8,147 100,495 158,917
111,024 8,147 119,171 174,969
CREDITORS: Amounts falling
due within one year 12 (15,085) (15,085) (12,194)
Net current assets I(liabilities) 95,939 8,147 104,086 162,775
Total assets less current liabilities 2,304,667 8,147 2,312,814 2,386,789
CREDITORS: Amounts falling due 13 (23,691)
after more than one year
Net assets I(liabilities) excluding 2,304,667 8,147 2,312,814 2,363,098
pension asset I(liability)
Defined benefit scheme asset /(liability) 15 (62,100)
TOTAL NET ASSETS 2,304,667 8142 2,312,814 , 2,300,998
FUND BALANCES 16
Unrestricted
Funds
General funds 2,143,113 2,143,113 2,136,038
Revaluation
reserve		 161,554 161,554 161,554
2,304,667 2,304,667 2,297,592
Restricted
Funds		 8,147 8,147 3,406
2,304,667 8,147 2,312,814 2,300,998

Note 2022 2021
f E
Cash flows from operating
activities:
Net cash provided by (usedin) operating activities (34,635) (25,103)
Cash flows from investing
activities:
Dividends,
interest and rents from investments
Purchase ofproperty,
plant and equipment
Net cash provided by/(usedin)
investing
activities		 98
~1,008
(910)		 70
~f3,59D
(6,952)
Cash flows from financing activities:
Repayments
ofborrowing
Payments
made to BU towards
pension
deficit
Net cash provided byl(usedin)
financing activities		 (24,647)
~3,583
(28,230)		 (4,977)
~5,045
(9,312)
Change in cash and equivalents
in the reporting period		 (63,775) (49,645)
Cash and equivalents
at the beginning
ofthe year		 158,917 208,562
Cash and cash equivalents
at the end ofthe year		 95,142 158,917

Analysis
ofchanges
in net debt:
At start of At end of
year Cash-flows year
F
Cash 158,917 (63,775) 95,142
Bank loans:
Falling due within one year (4,000) (4,000)
Falling due after one year (4,000) (4,000)
Finance lease obligations:
Falling due within one year (956) (956)
Falling due after one year (19,691) (19,691)
Total net funds I(debt) 13D,271 ~88,422 91,142

Note a:Reconciliation
ofnet income/(expe		 nd iture)
to net cash flow from operating
activi		 ties
2022
6		 2021f
Netincome/(expenditure)
for the reporting		 period (asper the statement offinancia/
activities) 11,816 161,723
Adjustments
for:
Depreciation
charges and provisions
for impairment		 16,293 14,855
Dividends,
interest and rents from investments		 (98) (70)
Loss/(gain)
on the revaluation
offixed assets		 (161,554)
Increase/(decrease)
in defined benefit pension		 liability (58,517) (26,055)
(Increase)/decrease
in stocks		 390
(Increase)/decrease
in debtors		 (2,624) (5,916)
Increase/(decrease)
in creditors		 (1,505) (8,476)
Net cash provided by (usedin) operating activities (34,635) (25,103)
Note b:Analysis ofcash and cash equivalents
2022f 2021
F
Cash at bank with immediate
access		 30,095 58,517
Notice deposits
(with a term ofthree months		 or less) 70,250 100,250
Petty cash 150 150
Total cash and cash equivalents 100,495 158,917

3 Donations
and legacies		 2022
F		 2021f
Donations ofcash and similar 289,302 312,292
Donations
in kind		 75,695
Income tax recoverable 52,038 56,284
341,340 444,270
Donations
in kind comprise the following:		 2022 2021
f F
Goods donated for:
Distribution
to beneficiaries		 72,410
For use by the charity 3,285
75,695
4 Income from charitable activities 2022 2021
f f
Parents
&toddlers		 11,261 3,363
Church retreats and events 542 1,874
11,803 5,237
5 Income from other trading activities 2022f 2021f
Rental income 57,945 35,654
57,545 35,554
6 Other income 2022 2021
f f
Job Retention Scheme grant 19,971
Insurance
daim		 21,274 21,006
Other miscellaneous income 107 856
21,382 41,833
7 Charitable
expenditure		 2022f 2021f
a Costs incurred
directly on specific activities
Ministry
Ministers'
staff costs		 173,988 167,954
Training and conferences 2,948 2,851
Ministers'
housing costs		 37,235 28,486
External speakers 1,850 2,548
Youth and children
induding		 staff costs 15,956 16,783
Church events
&courses		 281 952
Other ministry costs 10,579 7,924
Buildings
Staff costs 64,666 65,398
Utility costs 15,368 11,819
Cleaning 2,578 2,480
Repairs and maintenance 21,316 27,334
Costs ofletting 8,163 3,422
Other buildings
costs		 1,987 2,060
Outreach
Evangelism
and events		 8,428 7,128
Literature
and publicity		 2,205 2,075
Foodbank - donations in kind expensed 72,800
Grants (see note 7c) 23,788 46,885
391,337 468,898

FOR THE YEAR ENDED 31DECE MBER 2022
b Costs incurred on support &administration
Governance
costs
Independent examiner's fee 3,600 3,360
3,600 3,360
Staff costs 38,922 34,542
Transport 824 241
Catering 5,123 4,271
Office running expenses 6,364 5,560
Equipment, repairs and maintenance 7,815 9,641
Depreciation 16,293 14,855
Insurance 6,023 5,634
Mortgage interest 215 533
Miscellaneous 2,753 5,615
87,932 84,252
Total expenditure 479,269 553,150

Grants payable
Institutions Individualsf 2022f
Grants for UK and overseas mission 16,700 3,500 20,200
Grants for the relief of poverty 1,320 2,268 3,588
18,020 5,768 23,788
The comparatives for the previous year are as follows:
Institutionsf Individuals
6		 2021
Grants for UK and overseas mission 23,664 3,660 27,324
Grants for the relief of poverty 18,517 1,043 19,560
42,182 4,703 46,885
The charity's
principal		 grants to institutions comprised:
2022 2021
6 F
Sparkfis 4,500 4,500
Anchor 2,000 2„000
Evangelical
Alliance		 2,000 1,000
Josiah Venture UK 1,200
Mission 24 1,000 3,664
South East Baptist Association 1,000 1,000
Baptist Missionary Society 1,000 1,000
Christian
Solidarity		 1,000
Street Pastors 1,000
Open Hands 11,401
Westvale
Community		 Church 10,000
Foodbank 6,346
Grants to institutions for less than E1,000each 3,320 1,271
18,02D 42,182

Tangible fixed assets
Church Manse Furniture Vehides
Freehold Freehold and Total
Property Property equipment 2022
6 k F
Cost
At 1 January 2022 1,796,445 400,000 222,766 11,725 2,430,936
Additions 1,008 1,008
Gains / (losses) on revaluation
Disposals
At 31 December 2022 1,796,445 400,000 223,774 11,725 2,431,944
Accumulated
depreciation
At 1 January 2022 206,923 206,923
Charge for the year 13,362 2,931 16,293
Eliminated
on disposal
At 31 December 2022 220,285 2,931 223,216
Net book value
At 31 December 2022 1,796,445 400,000 3,489 8,794 2,208,728
At 31 December 2021 1,796,445 400,000 15,843 11,725 2,224,013

2022f 2021f
Cash at bank with immediate access 30,095 58,517
Notice deposits {with a term ofthree months or less) 70,250 100,250
Petty cash 150 150
100,495 158,917
12 Creditors: liabilities falling due within one year
2022f 2021f
Trade creditors
Taxation and social security 5,352
Accruals 5,733 7,238
Loans 4,000 4,000
Mortgage
liability		 956
15,085 12,194
13 Creditors: amounts falling due after more than one year
2022f 2021f
Loans 4,000
Mortgage
liability		 19,691
23,691
14 Mortgage and other loans
The liabilities for the mortgage and further loans referred to in notes 12and 13fall due for repayment as follows:
Bank loans
2022f 2021f
Repayable:
Within one year 956
Between one and five years 4,108
After five years 15,582
20,647
Concessionary loans
2022
f		 2021
f
Repayable:
Within one year 4,000 4,000
Between one and five years 4,000
4,000 8,000

2022 2021
E
In respect ofthe DB Plan:
Balance sheet liability at start ofthe year 62,100 94,200
Minus deficiency contributions paid (3,583) (6,045)
Interest cost (recognised in SoFA)
Remaining
change to balance		 sheet liability* (recognised in SoFA) (58,517) (26,055)
Balance sheet liability at the end ofthe year 62,100
Due within
1 year		 6,045
Due after 1 year 56,055
62,100

During the year t he movements
in the charit		 y's funds were a s follows:
Other
Opening Incoming Outgoing Transfers recognised Closing
balance resources resources in the year gains/losses balance
2022
E		 2022f 2022
E		 2022
E		 2022f 2022
E
General Unrestricted
Funds		 2,297,592 422,656 (474,098) 58,517 2,304,667
Total Unrestricted Funds 2,297,592 422,656 (474,098) 58,517 2,304,667
Restricted Funds
Coffee Cart 230 (230)
Hardship
Fund		 3,176 1,718 (2,268) 2,625
Toddler Garden 3,136 3,136
Ukraine 4,443 (2,077) 2,366
Gitts for individuals 616 (596) 20
Total Restricted Funds 3,406 9,913 (5,171) 8,147
Aggregate offunds 2,300,998 432,568 (479,269) 58,517 2,312,814
Analysis of net assets by fund
The assets and liabilities ofthe various funds were as follows:
Unrestricted
General Restricted
fundsf funds
E		 2022f
Tangible fixed assets 2,208,728 2,208,728
Debtors 18,676 18,676
Cash at bank and in hand 92,348 8,147 100,495
Creditors
falling due within one year		 (15,085) (15,085)
2,304,667 8,147 2,312,814

In the previous year the movements
in the c		 ha rity's
funds		 were as follows:
Other
Opening Incoming Outgoing Transfers recognised Closing
balance resources resources in the year gainsiiosses balance
2021f 2021f 2021 2021f 2021 2021f
General Unrestricted
Funds		 2, 122,012 514,011 (532,680) 6,640 187,609 2,297,592
Total Unrestricted
Funds		 2, 122,012 514,011 (532,680) 6,640 187,609 2297592
Restricted Funds
Sierra Leone Children's
work		 370 (370)
Coffee Cart 3,750 3,841 (721) (6,640) 230
Foodbank 13,143 4,603 (17,746)
Hardship
Fund		 4,219 (1,043) 3,176
Giits forindividuals 590 (590)
17,263 13,253 (20,470) (6,640) 3,406
Aggregate offunds 2, 139,275 527,264 (553,150) 187,609 2,300,998
Analysis ofnet assets by fund
In the previous year, the assets and liabilities ofthe various funds were as follows:
Unrestricted
General Restricted
funds fundsf 2021
Tangible fixed assets 2,224,013 2,224,013
Debtors 16,052 16,052
Cash at bank and in hand 155,511 3,406 158,917
Creditors
falling due within one year		 (12,194) (12,194)
Creditors falling due after one year (23,691) (23,691)
Defined benefft pension schemes liabilities (62 100) (62,100)
2,297,592 3,406 2,300,998

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