2021-12-31-accounts - The Southern Counties Baptist Association

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Trustees:			Rev'd Anne Carter	Moderator	ofthe	ofthe	ofthe	trustees	trustees	(Until 8th November 2021)	(Until 8th November 2021)
			MrAndrew Johnson	Association		Treasurer
			Mrs Ann Andrews
			Rev'd Stephen Barber	(Until 1st	October 2021)
			Mr John Bragg
			Mr Peter Brookes
			Rev'd Anthony Clarke	Regent's	Park College				Representative
			Mr Jason Collie	(Appointed		8th November				2021)
			Rev'd Nigel Cox	(Until 8th	November 2021)
			Rev'd Simon Ford
			Rev'd Martin Hardwidge
			Rev'd Dr Colin Norris	Regional	Ministry			Team	Leader
			Rev'd Judith Wheatley	(Appointed		19th		January 2022)
Regional	Ministry Team:		Rev'd Dr Colin Norris	Regional	Ministry			Team	Leader
			Rev'd Stephen Barber	Interim Regional				Minister		(from September 2021)
			Rev'd Clare Hooper	Children,	Youth &Families					Missional	Developer
			Rev'd Jonathan Hunt	Regional	Minister
			Rev'd David Llewellyn	Regional	Minister			(Until	July 2021)
Staff Team:			MrsAmyAllen	Administration			Manager
			Mrs Joy Cheang	Safeguarding			Adviser
			Miss Alysen Merrill	Administration			Support		(Until September 2021)
Charity number			1091066
Company	number		04279837
Registered		office and	Baptist House
operational		address	129Broadway
			Didcot
			Oxfordshire
			OX11 8XD
Independent		examiner	Colin Dadswell FCAACCA DChA
			Caladine Limited
			Chantry House
			22 Upperton Road
			Eastbourne
			East Sussex
			BN21 1BF
Bankers			HSBC Bank pic
			186Broadway
			Didcot
			OX11 8RP

		Page
Trustees'	report	1-7
Statement	ofTrustees' responsibilities
Independent examiner's report
Statement	offinancial activities	10-tt
Statement	offinancial position	12-13
Statement	ofcash flows	14
Notes to the financial statements		t5 - 34

Rev'd Anne Carter	(Resigned	8 November	2021)
Mr Andrew Johnson
Mrs Anne Andrews
Rev'd Stephen Barber	(Resigned	1 October 2021)
Mr John Bragg
Mr Peter Brookes
Rev'd Anthony Clarke
Mr Jason Collis	(Appointed	8 November	2021)
Rev'd Nigel Cox	(Resigned	8 November	2021)
Rev'd Simon Ford
Rev'd Martin Hardwidge
Rev'd Dr Colin Norris
Rev'd Judith Wheatley	(Appointed	19January	2022)

Current financial	year
				Unrestricted	Unrestricted	Restricted	Total	Total
				funds	funds	funds
				general	designated
				2021	2021	2021	2021	2020
								as restated
			Notes	6				6
income from:
Donations and legacies			3		180	32,511	32,691	37,578
Charitable activities			4	251,577			251,577	311,410
Investments			5	8,466			8,466	16,490
Other income			6	587,738			587,738
Total income				847,781	180	32,511	880,472	365,478
EttgftftfIIhtmm:
Charitable activities			7	364,894		67,291	432,185	478,369
Net incoming/(outgoing)		resources	before
transfers				482,887	180	(34,780)	448,287	(112,891)
Gross transfers between		funds	21	(68,757)	(25,534)	94,291
Net income/(expenditure)		for the year/
Net incoming/(outgoing)		resources		414,130	(25,354)	59,511	448,287	(112,891)
Other recognised	gains	and losses
Actuarial gain on defined		benefit
pension schemes				8,209			8,209	38,858
Net movement in funds				422,339	(25,354)	59,511	456,496	(74,033)
Fund balances at 1	January 2021			1,581,801	128,048	245,795	1,955,644	2,029,677
Fund balances at 31 December 2021				2,004,140	102,694	305,306	2,412,140	1,955,644

Prior financial	year
				Unrestricted	Unrestricted	Restricted	Total
				funds	funds	funds
				general	designated
				2020	2020	2020	2020
							as restated
			Notes				f
Income from:
Donations and	legacies			5,500	30,000	2,078	37,578
Charitable activities				311,410			311,410
Investments				16,490			16,490
Total income				333,400	30,000	2,078	365,478
Charitable activities				393,119	77,846	7,404	478,369
Net incoming/(outgoing)		resources before	transfers	(59,719)	(47,846)	(5,326)	(112,891)
Gross transfers	between	funds	21	75,570	23,190	(98,760)
Net income/(expenditure)		for the year/
Net incoming/(outgoing)		resources		15,851	(24,656)	(104,086)	(112,891)
Other recognised gains		and losses
Actuarial gain on defined		benefit pension
schemes				38,858			38,858
Net movement	in funds			54,709	(24,656)	(104,086)	(74,033)
Fund balances	at 1 January 2020			1,527,092	152,704	349,881	2,029,677
Fund balances	at 31 December 2020			1,581,801	128,048	245,795	1,955,644

			2021	2020
				as restated
		Notes
Fixed assets
Property, plant and	equipment	12	795,763		800,259
Investments		13	12,020		12,020
			807,783		812,279
Current assets
Debtors falling due	after one year	14	164,010	150,500
Debtors falling due	within one year	14	34,043	33,253
Cash at bank and in hand			1,533,678	1,164,812
			1,731,731	1,348,565
Current liabilities		16	(16,278)	(71,895)
Net current assets			1,715,455		1,276,870
Total assets less current liabilities			2,523,238		2,088,949
Non-current liabilities		17	(50,000)		(50,000)
Provisions for liabilities			(61,098)		(83,305)
Net assets			2,412,140		1,955,644
Income funds
Restricted funds		21	305,306		245,795
llafgtttrigtelftigf(9
Designated funds		22	102,694	128,048
General unrestricted	funds		2,004,140	1,581,801
			2,106,834		1,709,849
			2,412,140		1,955,644

					2021		2020
				Notes	6		f
Cash flows from operating		activities
Cash generated from/(absorbed			by)	27
operations						420,400		(131,861)
Investing activities
Investment income received					8,466		16,490
Net cash generated from	Investing
activities						8,466		16,490
Financing activities
Repayment ofborrowings					(60,000)
Net cash used in financing		activities				(60,000)
Net increase/(decrease)	in	cash and		cash
equivalents						368,866		(115,371)
Cash and cash equivalents		at beginning		ofyear		1,164,812		1,280,183
Cash and cash equivalents		at	end of	year		1,533,678		1,164,812

			Unrestricted	Restricted	Total	Total
			funds	funds
			designated
			2021	2021	2021	2020
			f	6	6	6
Donations	and	gifts	180	32,511	32,691	37,578
Donations	and giRs
Church of	the	Year gifts		2,511	2,511	1,753
Confidential	Fund donations		180		180	325
Rural Ministry		Grant		30,000	30,000	30,000
Loan Termination Gifts (SCBALoan Fund)						5,500
			180	32,511	32,691	37,578

		2021	2020
		6	F
Preaching and other fees		1,301	9,302
Leaders' Days 8 SCBA Event fees		2,108	2,695
SCBA Ministers' Conference Fees			22,223
Baptist Union grant for Operational	Activities	244,670	276,348
Other income		3,498	842
		251,577	311,410

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2021	2020
		6	6
Loan and General	Funds on Deposit with BU	8,065	15,889
Baptist Insurance	Co Ltd - Dividends	401	601
		8,466	16,490

				Unrestricted	Total
				funds
				general
				2021	2020
				f	6
Closure	of	Redundant	Churches	587,738

	2021f	2020 f
Staff costs	297,430	299,358
Depreciation and impairment	4,496	4,496
Travel and Accommodation	9,016	7,776
Leaders Days and SCBAEvent Costs	1,708	2,750
SCBA Ministers Conference		23,411
Community Learning Tutor	4,000	2,000
Confidential Fund		750
CYF Working group		28
Education 8Sabbatical Grants		4,200
Pioneer Mission Fund Expenses	1,448	12,597
	318,177	357,366
Grant funding ofactivities (see note 8)	85,283	91,788
Share ofsupport costs (see note 9)	20,055	21,008
Share ofgovernance costs (see note 9)	8,670	8,207
	432,185	478,369
Analysis by fund
Unrestricted funds - general	364,894	393,119
Unrestricted funds - designated		77,846
Restricted funds	67,291	7,404
	432,185	478,369
Grants payable
	2021	2020
	6	6
Grants to institutions:
Home Mission Grant	82,583	84,420
Churches Together Grants	2,700	2,700
Church ofthe year		4,668
	85,283	91,788

		Support	Governance	Total	Support costs	Governance	Total
		costs	costs	2021		costs	2020
			6	6		f	6
Office Expenses and IT		981		981	1,711		1,711
Telephone		2,330		2,330	2,184		2,184
Volunteer Exp. and Fees		1,173		1,173	1,030		1,030
Staff Book &	Study
Allowance		1,102		1,102	688		688
Insurance		5,952		5,952	3,936		3,936
Building Hire		3,500		3,500	3,500		3,500
Baptist Union	Subs	841		841	826		826
Interest on pension
deficit		304		304	2,987		2,987
Other expenditure		3,872		3,872	4,146		4,146
Legal and professional			1,957	1,957		1,293	1,293
Accountancy	& IE		4,260	4,260		4,200	4,200
Bank Charges			279	279		579	579
Software and	other
subscriptions			1,032	1,032		992	992
Payroll Fees			1,142	1,142		1,143	1,143
		20,055	8,670	28,725	21,008	8,207	29,215
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Charitable activities		20,055	8,670	28,725	21,008	8,207	29,215

The average monthly number ofemployees during the year wa	s:
	2021	2020
	Number	Number
Full time Regional Ministers
Part time Regional Ministers
Part time Administrator
Part time Support Staff (Admin Assistants)
Dorset Missional Listener
Pioneer Missioner
		10
Employment costs	2021	2020
		6
Wages and salaries	208,172	217,340
Social security costs	12,464	14,941
Other pension costs	27,172	19,342
Housing costs	49,622	47,735
	297,430	299,358

		land and
		buildings
		8
Cost
At 1 January 2021		809,251
At 31 December 2021		809,251
Depreciation and impairment
At 1 January 2021		8,992
Depreciation charged	in the year	4,496
At 31 December 2021		13,488
Carrying amount
At 31 December 2021		795,763
At 31 December 2020		600,259

		Baptist
		Insurance Co
		PLC
		6
Cost or	valuation
At 1 January 2021 &31 December 2021		12,020
Carrying	amount
At 31 December 2021		12,020
At 31 December 2020		12,020

Trade and other receivables
	2021	2020
Amounts falling due within one year:		6
Loans to churches	31,000	28,500
Prepayments and accrued income	3,043	4,753
	34,043	33,253
	2021	2020
Amounts falling due after more than one year:	6	6
Loans to churches	164,010	150,500
Total debtors	198,053	183,753

						2021	2020
						E	E
	Other loans					50,000	110,000
	Payable	within one year					60,000
	Payable	after one year				50,000	50,000
16	Current	liabilities
						2021	2020
					Notes	E	E
	Borrowings						60,000
	Other taxation and social security					7,591
	Deferred	income			19	4,485
	Other payables						7,695
	Accruals	and deferred		income		4,200	4,200
						16,276	71,895
17	Non-current		liabilities
						2021	2020
						E	E
	Borrowings					50,000	50,000
18	Provisions		for liabilities
						2021	2020
					Notes	E	E
	Retirement		benefit obligations		20	61,098	83,305
						61,098	83,305

				2021
				E
Deferred	income is	included	within:
Current	liabilities			4,485
Movements in the year:
Deferred	income at	1 January	2021
Resources deferred		in the year		4,485
Deferred	income at	31 December 2021		4,485

ype of assumption							%pa
RPI price inflation assumption							3.20
CPI rice Inflation assum tion							2.70
Minimum Pensionable Income		Increase Adjustment			(above CPI)		0.50
Assumed investment returns
Pre-retirement (gilt yield plus	1.75%pa)						2.95
IPost retirement (including benefits matched yield plus 0.5%pa)				by the	insurance	policy) (gilt	1.70
IMinimum Pensionable Income		increases	CPI plus		0.5%)		3.20
Deferred ension increases		(based on RPI)
Pre April 2009							3.20
Post April 2009							2.50
Pension increases
Based on CPI with an annual	floor of0%		and	annual	cap of5%		2.70

Retirement benefit schemes (Continued)	Retirement benefit schemes (Continued)	Retirement benefit schemes (Continued)	Retirement benefit schemes (Continued)
Key assumptions
										2021	2020
											O/o
Discount rate										2.0	0.4
Future increases to Minimum	Pensionable		Income							4.1	3.0
Amounts recognised in the income statement:
										2021f	2020
Net interest on defined benefit liability/(asset)										304	2,987
The amounts included in the statement		of financial			position	arising	from the
Charity's obligations in respect ofdefined			benefit plans are as			follows:
										2021	2020
										6	6
Present value ofdefined benefit obligations									61,098		83,305
Deficit in scheme									61,098		83,305
Section 28.11Aof FRS 102	requires agreed			deficit	recovery	payments		to be	recognised	as a liability.	The
movement in the provision is	set out in the		table below.
Movements in the present value ofdefined			benefit obligations:
											2021
											8
Liabilities at 1 January 2021											83,304
Plan introductions, changes,	curtailments	and		settlements							(8,209)
Contributions from scheme members										(14,301)
Interest cost											304
At 31 December 2021										61,098

			Movement	Movement	in funds
		Balance at	Incoming	Resources		Transfers	Balance at
		1January 2021	resources	expended			31 December
							2021
						6	6
Church ofthe Year		1,253	2,511				3,764
DFESFunds for Youth Work		1,014			(1,014)
Pioneer Mission Fund			30,000	(64,291)		34,291
Hill Street, Poole Property		243,528			(1,986)	60,000	301,542
		245,795	32,511	(67,291)		94,291	305,306
Movements for the year	ended 31 December 2020
			Movement		in funds
		Balance at	Incoming	Resources		Transfers	Balance at
		I January 2020	resources	expended			31 December
							2020
			6		6	6	6
Aidan Memorial (Loans Repairs/
Extensions)		40,774				(40,774)
De La Mare		21,311				(21,311)
Confidential Fund		2,304	325		(750)	(1,879)
Fairford Trust (Education	Grants)	34,796				(34,796)
Church ofthe Year		4,168	1,753		(4,668)		1,253
DFES Funds for Youth Work		1,014					1,014
Hill Street, Poole Property		245,514			(1,986)		243,528
		349,881	2,078		(7,404)	(98,760)	245,795

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Analysis ofchanges	in net		funds
								At 1January	Cash flows	At 31 December
								2021		2021
								6	6
Cash at bank and in hand								1,164,812	368,866	1,533,678
Loans falling due within	one	year						(60,000)	60,000
Loans falling due after	more	than one year						(50,000)		(50,000)
								1,054,812	428,866	1,483,678
Cash generated from	operations								2021	2020
									6	6
Surplus/(deficit) for the	year								448,287	(112,891)
Adjustments for:
Investment income recognised			in statement			offinancial	activities		(8,466)	(16,490)
Depreciation and impairment			of property,		plant and equipment				4,496	4,496
Difference between pension		charge		and	cash contributions				(13,997)	(7,553)
Movements in working	capital:
(Increase)/decrease in	trade	and other receivables							(14,299)	41,427
(Decrease) in trade and	other		payables						(104)	(40,850)
Increase in deferred income									4,485
Cash generated from/(absorbed				by) operations					420,402	(131,861)

		At 31	December	2020
		As previously	Adjustment		As restated
		reported
		E		6	6
Fixed assets
Property, plant and equipment		446,731	353,528		800,259
Creditors due within one year
Borrowings			(60,000)		(60,000)
Creditors due after one year
Borrowings			(50,000)		(50,000)
Net assets		1,712,116	243,528		1,955,644
Capital funds
Income funds
Restricted funds		2,267	243,528		245,795
designated		128,048			128,048
Unrestricted	funds	1,581,801			1,581,801
Total equity		1,712,116	243,528		1,955,644