2022-12-31-accounts

– Nailsea Baptist Church Annual Report 2022

After the challenges of the previous lockdown-affected year, 2022 brought encouragement and blessing to the church family at NBC. Sunday services held, for the most part at Kingshill School, continued throughout the year, with an initial look at Paul’s letter to the Ephesians. We continued to offer a cut-down version of the service, consisting of the reading and sermon, on-line to enable those still unable or unwilling to join us in person to benefit.

Growth Groups, Renew and the weekly church Prayer Meetings continued in person, and we quickly resumed our Messy Church gatherings for local families. The Chatterbox team kept close contact with the age 70+ older people through phone calls and, from April, resumed our monthly tea gatherings. Numbers were encouraging and grew throughout the year. Our Youth Work enjoyed a good year, with numbers growing and activities well attended. Pastoral care continued through the frequent contact with those who needed it and the Leadership Team continued to operate well. Bi-monthly members’ meetings were held in person, whilst we continued to also offer online involvement for those unable to join us.

A highlight of the year was the opportunity to enjoy a Church Weekend Away, as well as many of our previous Youth events. There was renewed commitment and determination to build these things further next year.

Having said goodbye to our Children and Families’ Worker, Claire Aston the year before, and conscious that our income had fallen as a result of lockdown, we decided to consider any ongoing need slowly and did not advertise the post during the year. We do though have plans for

next year to change this. Meanwhile, our regular children’s activities picked up, both on Sundays and midweek, and the rooms were soon full of excited young people enjoying being together to lean more of Jesus. Time Out at 10, our regular Parent and Toddler group was a particular highlight.

Peter Aston stepped down as a member of the Leadership Team in July. Unfortunately, no replacement was found. Josh Howard continued the role of church secretary for the year and Graham Shrubsole continued as Church Treasurer. Revd Peter Burns continued as our Pastor and Heulwen Evans as our full-time Youth Worker. We also employed an administrator, Anne Stokes, a cleaner/caretaker, Brian Comerford, and an assistant treasurer, Dawn Perrett.

The Coffee Shop and other facilities within the Church Centre were used as ways of serving our local, wider community, offering hospitality and a warm welcome. Towards the end of the year, we also started a more formal ‘Come in from the Cold’ initiative to offer opportunities for those worried about rising utility costs to make greater use of our space and hospitality. Although not used by large numbers, those who did come in were very grateful. The Coffee Shop reopened in the Church Centre, and this was open four mornings a week. On Thursday mornings this was accompanied by our Renew Wellbeing safe space, mainly for people with vulnerabilities or mental health issues who felt they needed a place where it’s OK to not feel OK. This has developed into a warm, supportive community.

We ended the year grateful to God for His care and His provision of one another, and with enthusiastic anticipation for what lies ahead.

NAILSEA BAPTIST CHURCH

CHURCH HOUSE

79 SILVER STREET

NAILSEA BS48 2DS

CHARITY NUMBER: 1126312

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2022

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: [phone]

E-mail: [e-mail]

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Nailsea Baptist Church

Registered Charity Number 1126312

On the accounts for the year ended 31[st] December 2022

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements

• To keep accounting records in accordance with section 130 of the 2011 Act; and

• • To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 13 February 2023

Luke Silver, HNC Business & Finance Accountancy Practitioner

Accountancy & Taxation Services 25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).

Signing of Accounts

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees. A spare copy is enclosed .

Pension Scheme Liabilities 2022

The Church is a participating employer the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers.

A formal valuation of the DB Plan as at 31 December 2016. At the valuation date the market value of the DB Plan assets was £219 million, whilst the level of assets needed to pay benefits was £312m, giving a deficit of £93m (equivalent to a past service funding level of 70%).

A recent review now shows minimal deficit in the scheme, however participating churches are still responsible for any deficit which may arise. The next actuarial valuation is now due. Churches are, at present making contributions of just £1 per month.

Conclusion

There are no other matters I feel need to be brought to your attention.

Please do not hesitate to contact me for further clarification or for further assistance.

Luke Silver

Date: 13 February 2023

NAILSEA BAPTIST CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2022

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

TRUSTEES

The trustees during the year were as follows:

Rev P Burns

Fir Tree Cottage, 74 High Street, Nailsea BS48 1AU

Mr A Smith

13 Hillcrest Road, Nailsea BS48 2JB

Mr G Shrubsole

18 Bucklands View, Nailsea BS48 4TZ

Dr M Elford 21 Scotch Horn Way, Nailsea BS48 1TE

Mr J Howard

1 Coombe Road, Nailsea BS48 2HS

Mrs L Luft

39 Nightingale Gardens, Nailsea. BS48 2BH

Mr S Ross (Appointed September 2022) 9 Edgehill Road, Clevedon. BS21 7BZ

Mr P Aston (No longer a Trustee as of July 2022) 37 Beech Drive, Nailsea BS48 1QA

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Independent Examiners Report to the Trustees

1. Accounting Policies

• a) The financial statements have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice Accounting by Charities (SORP) issued October 2000.

• b) There has been no change to the valuation rules since last year. The accounts are presented in an accruals format.

• c) No changes have been made to accounts for previous years.

2. Trustees

One of the Trustees Rev P Burns received remuneration from the Charity. No one received in excess of £50,000.

3. Expenditure

Independent Examiner’s fee for the year is £675.

4. Endowment and Restricted Funds

There were no restricted funds received during the financial year.

5. Investment Assets

The charity has £60,000 as an investment asset. This money is held with Virgin Money.

6. Paid Employees

The charity had two full time paid employees Peter Burns and Heulwen Evans. There were four part time employees, Clare Aston, Dawn Perrett, Brian Comerford and Anne Stokes.

They were paid salaries to support the further development of the objects of the charity.

7. Charity Management and Administration

The work carried out by the treasurer is on a voluntary basis. The total administrative costs during the year were £12,723.

8. Fixed Assets – Land & Premises

The Centre is insured for a rebuild value of £1,741,790

9. Fixed Assets – Contents of Premises

The equipment is insured for £119,396 which includes £5,000 for equipment held at Kingshill School.

10. Debtors & Prepayments

There were no Debtors or Prepayments during this financial year.

11. Creditors & Accruals

There were no Creditors or Accruals during this financial year.

Nailsea Bapllst Church Statomort of Financial A¢tivHIos For porlod from 01 January 2022 to 31 Do¢wnb•r 2022 Total Prfory•ar tatal fvnd• fvnds funds Incomlng resources Dona￿¢￿. and ￿MIl￿￿orni1￿j r880LY In lulh6Yan¢k• oltho cwts Act1￿￿8$ forg•neralThJ furtrts Investrnenl Irwmo oU)srIr￿)M1rvJ r8wJr 142,450 25.649 142.450 25.649 137,549 3.927 n8 207 118,8J6 141.895 Resources used Costs ol genera￿n9 fvjr Gr8nt8 P8y8Ne In frthor•nc cl ct 28,$45 13,181 124,852 10.310 13.348 124.099 8upport WBts Exp¢thdlth on m8rwglng-8thf￿￿IvJ th• city 13,181 124,852 Tot41 •xp•ndfjtvr• 1e6.$7• 1e6,578 147.757 Pl•t In¢tyM I l•xp•ndllw•l r•BOUr￿ b•knlJwMf•r 16.0721 rransfers Gr¢s8 tr•nsfm b•tsw•n fiJr. Grots ￿TrIfI￿ b•tsen fvrth. tyjt Otherrecognlsedplns11055es Gains I bw•• m kn%8tmont888816 G8in$ on flxed 8888ts. ¢*W• u•• Not M￿b￿nI In fund• 2,257 (¢072) R•conciithikn offtmds Tol•l fvnd• W lonv•rd 467,711 467.711 4n,713 Tolal carrf•d for￿1￿ 417.711 13 J8nuary2023 Pa90 1

Nallsea Baptlst Church Balance Sh••t d•tsll•d 31112r2022 3111212021 Flxed a•••ts 1407: Tl ￿ld￿l 350.CO).C 350.orK).00 350,000.00 380,000.00 Curr•nt a•Mt• 1501.. Cjjrt ALxwII. (W2n8 12,124.78 5,916.92 36.so 1502." 07278358 100.03 1,>JO.70 13,(I)6.34 60.Cth. 1.300.03 1503". Rasem AcXmI.07￿7l26 18,035.12 1505". PAm- 1503￿24170 1507". FrwJ FLM aub 80.IYJO.00 197.70 62.49 1509.. Fwl 33.14 45.04 1511.. Chattwt#Jx 1,796.75 31,408.89 1.476.33 30.838.QQ 1513". BUC G￿81•￿￿￿t. NL¢ 119,961.33 117.711.03 Lb•blllt5•• 1803.. 8optrt Fi 1e03A.. P8rtrJJw 8WIFurn1 mty• It￿ 1 .•68.33 467.711.03 Rewrv Exc888 I l¢lePLllI to dJt¢ Z01.. Stsruty t¢l8r 2.257.30 467.711.03 128,046.10 339.664.93 467.711.03 13 JanuBry2Q23 Page 1

31M212022 3111212021 Rew•#•nted by Funds Vnrestricted 442,292.33 27,676. 440.035.03 27,676.(J) Tot*1 .960.33 167,711.03 Page 2

NAILSEA BAPTIST CHURCH

CHURCH HOUSE

79 SILVER STREET

NAILSEA BS48 2DS

CHARITY NUMBER: 1126312

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2022

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ

Mobile: [phone]

E-mail: [e-mail]

Independent Examiner’s Report on the Accounts

Accruals Accounts

Report to the trustees/members of Nailsea Baptist Church

Registered Charity Number 1126312

On the accounts for the year ended 31[st] December 2022

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements

• To keep accounting records in accordance with section 130 of the 2011 Act; and

• • To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act Have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 13 February 2023

Luke Silver, HNC Business & Finance Accountancy Practitioner

Accountancy & Taxation Services 25 Ellicombe Close, Minehead, Somerset. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).

Signing of Accounts

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees. A spare copy is enclosed .

Pension Scheme Liabilities 2022

The Church is a participating employer the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers.

A formal valuation of the DB Plan as at 31 December 2016. At the valuation date the market value of the DB Plan assets was £219 million, whilst the level of assets needed to pay benefits was £312m, giving a deficit of £93m (equivalent to a past service funding level of 70%).

A recent review now shows minimal deficit in the scheme, however participating churches are still responsible for any deficit which may arise. The next actuarial valuation is now due. Churches are, at present making contributions of just £1 per month.

Conclusion

There are no other matters I feel need to be brought to your attention.

Please do not hesitate to contact me for further clarification or for further assistance.

Luke Silver

Date: 13 February 2023

NAILSEA BAPTIST CHURCH

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2022

ACTIVITIES REVIEW

The financial results are set out in the enclosed accounts.

The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.

TRUSTEES

The trustees during the year were as follows:

Rev P Burns

Fir Tree Cottage, 74 High Street, Nailsea BS48 1AU

Mr A Smith

13 Hillcrest Road, Nailsea BS48 2JB

Mr G Shrubsole

18 Bucklands View, Nailsea BS48 4TZ

Dr M Elford 21 Scotch Horn Way, Nailsea BS48 1TE

Mr J Howard

1 Coombe Road, Nailsea BS48 2HS

Mrs L Luft

39 Nightingale Gardens, Nailsea. BS48 2BH

Mr S Ross (Appointed September 2022) 9 Edgehill Road, Clevedon. BS21 7BZ

Mr P Aston (No longer a Trustee as of July 2022) 37 Beech Drive, Nailsea BS48 1QA

STATEMENT

We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief.

SIGNED ON BEHALF OF THE TRUSTEES

Please print name:

Date:

Independent Examiners Report to the Trustees

1. Accounting Policies

• a) The financial statements have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice Accounting by Charities (SORP) issued October 2000.

• b) There has been no change to the valuation rules since last year. The accounts are presented in an accruals format.

• c) No changes have been made to accounts for previous years.

2. Trustees

One of the Trustees Rev P Burns received remuneration from the Charity. No one received in excess of £50,000.

3. Expenditure

Independent Examiner’s fee for the year is £675.

4. Endowment and Restricted Funds

There were no restricted funds received during the financial year.

5. Investment Assets

The charity has £60,000 as an investment asset. This money is held with Virgin Money.

6. Paid Employees

The charity had two full time paid employees Peter Burns and Heulwen Evans. There were four part time employees, Clare Aston, Dawn Perrett, Brian Comerford and Anne Stokes.

They were paid salaries to support the further development of the objects of the charity.

7. Charity Management and Administration

The work carried out by the treasurer is on a voluntary basis. The total administrative costs during the year were £12,723.

8. Fixed Assets – Land & Premises

The Centre is insured for a rebuild value of £1,741,790

9. Fixed Assets – Contents of Premises

The equipment is insured for £119,396 which includes £5,000 for equipment held at Kingshill School.

10. Debtors & Prepayments

There were no Debtors or Prepayments during this financial year.

11. Creditors & Accruals

There were no Creditors or Accruals during this financial year.

Nailsea Bapllst Church Statomort of Financial A¢tivHIos For porlod from 01 January 2022 to 31 Do¢wnb•r 2022 Total Prfory•ar tatal fvnd• fvnds funds Incomlng resources Dona￿¢￿. and ￿MIl￿￿orni1￿j r880LY In lulh6Yan¢k• oltho cwts Act1￿￿8$ forg•neralThJ furtrts Investrnenl Irwmo oU)srIr￿)M1rvJ r8wJr 142,450 25.649 142.450 25.649 137,549 3.927 n8 207 118,8J6 141.895 Resources used Costs ol genera￿n9 fvjr Gr8nt8 P8y8Ne In frthor•nc cl ct 28,$45 13,181 124,852 10.310 13.348 124.099 8upport WBts Exp¢thdlth on m8rwglng-8thf￿￿IvJ th• city 13,181 124,852 Tot41 •xp•ndfjtvr• 1e6.$7• 1e6,578 147.757 Pl•t In¢tyM I l•xp•ndllw•l r•BOUr￿ b•knlJwMf•r 16.0721 rransfers Gr¢s8 tr•nsfm b•tsw•n fiJr. Grots ￿TrIfI￿ b•tsen fvrth. tyjt Otherrecognlsedplns11055es Gains I bw•• m kn%8tmont888816 G8in$ on flxed 8888ts. ¢*W• u•• Not M￿b￿nI In fund• 2,257 (¢072) R•conciithikn offtmds Tol•l fvnd• W lonv•rd 467,711 467.711 4n,713 Tolal carrf•d for￿1￿ 417.711 13 J8nuary2023 Pa90 1

Nallsea Baptlst Church Balance Sh••t d•tsll•d 31112r2022 3111212021 Flxed a•••ts 1407: Tl ￿ld￿l 350.CO).C 350.orK).00 350,000.00 380,000.00 Curr•nt a•Mt• 1501.. Cjjrt ALxwII. (W2n8 12,124.78 5,916.92 36.so 1502." 07278358 100.03 1,>JO.70 13,(I)6.34 60.Cth. 1.300.03 1503". Rasem AcXmI.07￿7l26 18,035.12 1505". PAm- 1503￿24170 1507". FrwJ FLM aub 80.IYJO.00 197.70 62.49 1509.. Fwl 33.14 45.04 1511.. Chattwt#Jx 1,796.75 31,408.89 1.476.33 30.838.QQ 1513". BUC G￿81•￿￿￿t. NL¢ 119,961.33 117.711.03 Lb•blllt5•• 1803.. 8optrt Fi 1e03A.. P8rtrJJw 8WIFurn1 mty• It￿ 1 .•68.33 467.711.03 Rewrv Exc888 I l¢lePLllI to dJt¢ Z01.. Stsruty t¢l8r 2.257.30 467.711.03 128,046.10 339.664.93 467.711.03 13 JanuBry2Q23 Page 1

31M212022 3111212021 Rew•#•nted by Funds Vnrestricted 442,292.33 27,676. 440.035.03 27,676.(J) Tot*1 .960.33 167,711.03 Page 2