PARK ROAD BAPTIST CHURCH ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022
| Registered | Charity Number. | 1120471 | |
|---|---|---|---|
| Trustees: | Revd. Mark Duggan | (Minister) | |
| Peter Hunt (Secretary) | |||
| Carol Litds (Treasurer) | |||
| Richard Clark | |||
| Dug Berm | |||
| Karen Maynsrd | |||
| Nigel Munday | |||
| Richard Papworih | |||
| Peter Sheldrick | |||
| Linda Williams | |||
| Lydia Wilson | |||
| Principal Addmss: | Park Road Baptist Church & Family Centre | ||
| Park Road | |||
| Rushden | |||
| Northants | |||
| NN10 ORG | |||
| Independent | Examiners: | McShane Wright | |
| 2 College Street | |||
| Higham Ferrers |
|||
| Northants | |||
| NN10 8DZ | |||
| Bankem: | HSBC Bank | ||
| High Street | |||
| Rushden | |||
| Noithants | |||
| NN10 ONP |
| Notes | Unnrstrlcted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Voluntary | ||||||||
| General | Desi | nated | 2022 | 2021 | ||||
| f | f | f | ||||||
| INCOMING REBOURCES: | ||||||||
| Voluntary Income |
||||||||
| Weekly oil'cringe | 62,506.62 | 82,506.62 | 81,969.76 | |||||
| Donations and gills |
2(i) | 2,728.87 | 2,100.23 | 4,828.90 | 10,725.00 | |||
| Grants receivable | 2(ii) | 300.00 | 300.00 | 2,404.20 | ||||
| Income lax recovered | 18,689.19 | 265.00 | 18,954.19 | 21,237.30 | ||||
| Miscellaneous income |
2,856.55 | 2,856.55 | 2,870.94 | |||||
| Investment income |
2(iii) | 10,625.22 | 168.88 | 44.84 | 10,838.72 | 11,489.68 | ||
| Acthritles for generating | funds | —. | ||||||
| Fundraising | 2(iv) | 40.41 | 320.00 | 360.41 | 631.20 | |||
| Other Incoming resources | 2(v) | 2,279.58 | 174.10 | 2,453.68 | 1,304.00 | |||
| Total incoming resources | 118728.24 | 3327.SS | ~4.04 | 12300501 | 132032.00 | |||
| RESOURCES EXPENDED | ||||||||
| Costs ofcharitable activities |
3(i) | 95,154.83 | 3,503.40 | 10,721.82 | 109,380.05 | 115,684.83 | ||
| Tolal resources expended | 05 104.83 | 3,0D3.40 | ID | 121.02 | IDa 30D.SS | 115004.03 | ||
| Net incomingl(outgoing) | ||||||||
| resources before transfers | 24,571.41 | (175.41) | (10,678.88) | 13,718.02 | 20,108.41 | |||
| Transfers between funds | 808.02 | 806.02 | ||||||
| Net incomlngl(outgoing) | msources | 23,765.39 | (175441) | (9,870.98) | 13,719.02 | 20,108.41 | ||
| Total funds brought forward | 8,443,428.15 | 18,040.01 | 94,853.85 | 9,568,422.01 | 8,355,499.50 | |||
| Revaluadon upturn |
1 020S82.00 | 1 020982.00 | ISD 014.DII | |||||
| Total funds carried forward | 10488175.54 | 1300400 | 00 | oea ea | 10sa1 12003 | a00042201 |
| 2 | INCONIING RESOURCES | INCONIING RESOURCES | INCONIING RESOURCES | |||||
|---|---|---|---|---|---|---|---|---|
| Voluntary | 2022 | 2021 | ||||||
| Unrestricted | Restricted | Desi nated | Total | Total | ||||
| i) | ||||||||
| Donadons | 2,728.67 | 155.00 | 2,883.67 | 4,350.00 | ||||
| Food Parcels | 1,727.00 | 1,727.00 | 1,300.00 | |||||
| Men's breakfast | ||||||||
| Ladies Fellowship | 218.23 | 218.23 | ||||||
| 2728.67 | 2 100.23 | 4828.90 | 5 850.00 | |||||
| Spaldwick | Fund | 300.00 | ||||||
| 300.00 | 300.00 | |||||||
| Bank interest | received | 1,027.22 | 44.84 | 1,072.06 | 391.93 | |||
| Income from | investments | 168.66 | 22.59 | |||||
| Use ofpremises | 4,198.00 | 4,198.00 | 1,250.00 | |||||
| Manse Rent | 5400.00 | 5400.00 | 7 200.00 | |||||
| 10625.22 | 168.66 | 44.84 | 10838.72 | 8 855.52 | ||||
| N) | ||||||||
| Christmas | Card Appeal | 489.00 | ||||||
| BMS | 320.00 | 320.00 | 420.00 | |||||
| Easyllnding | credit/paypal | 40.41 | 40.41 | 125.38 | ||||
| 40.41 | 320.00 | 36041 | 1,034.38 | |||||
| v) | ||||||||
| Annivesary | 449.08 | 174.10 | 623.18 | |||||
| Sundries | 8.50 | 8.50 | ||||||
| Weekend | Away | 4,335.00 | ||||||
| Weddings/Funeral | 1 822.00 | 1,822.00 | 1,260.00 | |||||
| 2279.58 | 174.10 | 2453.68 | 5595.00 |
| URCES EXPENDED | |||||||
|---|---|---|---|---|---|---|---|
| Voluntary | 2022 | 2021 | |||||
| Unrestricted | Restricted | Desi | nated | Total | Total | ||
| Salaries and wages (Note 4) | 35,426.27 | 35,426.27 | 36,190.11 | ||||
| Payroll provider Stewardship | 550.80 | 550.80 | 547.80 | ||||
| Minister's travel |
155.00 | 155.00 | 177.30 | ||||
| Pulpit supplies | 291.28 | 291.28 | 284.46 | ||||
| Pastoral care | 128.42 | 20.00 | 148,42 | 4.08 | |||
| VisEng preachers | 140.00 | 140.00 | 150.50 | ||||
| Manse upkeep | 6,176.53 | 5,239.14 | 11,415.87 | 5,710.24 | |||
| Loan Interest | 2235.16 | 2235.16 | 1 897.55 | ||||
| 5 | 259 14 | ||||||
| Youth work general | 1,684.12 | 39.36 | 1,723.48 | 1,141.73 | |||
| Youth worker salaries | 8,218.04 | 8,216.04 | 8,054.88 | ||||
| Outreach | 145.91 | 145.91 | 389.17 | ||||
| Evangelism &Special |
Events | 19.99 | |||||
| Given to other causes | Note 3(ii) | 9,274.00 | 10,183.00 | 9,050.00 | |||
| Men's breakl'ast | |||||||
| 19174.18 | 1094.27 | 20,268.43 | 188M.77 | ||||
| Cleaning contract | 9,411.84 | 9,411.84 | 5,735.75 | ||||
| Cleaning materials |
401.83 | 401.83 | 221.37 | ||||
| Equipment | 1,892.55 | 2,630.85 | 64.39 | ||||
| Health end safety | 403.92 | 403.92 | 347.94 | ||||
| Insurance | 6,607.82 | 6,607.82 | 5,976.50 | ||||
| Lighting and heating | 5,413.49 | 5,413.49 | 4,390.42 | ||||
| Repairs and maintenance | 4,724.38 | 4,724.38 | 14,613.43 | ||||
| Water | 555.25 | 555.25 | 516.15 | ||||
| 24686.70 | 5 | 462.68 | 30149.38 | 31M8.95 | |||
| Activity Days | 1,000.00 | ||||||
| Anniversary Promotion |
1,652.62 | 1,852.62 | |||||
| Catering expenses | 426.61 | 426.61 | |||||
| Conferences & meeting attendance |
10.00 | 10.00 | 4,681.45 | ||||
| Copyright licences | 1,103.28 | 1,103.28 | 1,042.93 | ||||
| DSS(CRS)checks | |||||||
| Food Parcels | 2,409.13 | 2,409.13 | 899.83 | ||||
| Miscellaneous | 2.25 | 2.25 | |||||
| Organ/piano tuning |
348.00 | 50.00 | |||||
| Printing, postage and stafionery | 319.73 | 319.73 | 254.52 | ||||
| Professional fees/bank |
charges | 879.92 | 879.92 | 734.01 | |||
| Subscripdons | 845.50 | 845.50 | 608.39 | ||||
| Telephone | 444.48 | 444.48 | 402.68 | ||||
| Training | 183.25 | 183.25 | |||||
| Website renewal | 174.87 | 174.87 | 185.66 | ||||
| 8,190.51 | 2409.13 | 8599.64 | 9991.56 | ||||
| Total cost ofcharitable | activriies | 95154.83 | 350340 | 10 | 721.82 | 10938005 | 18547532 |
| ii) | Cost ofcharitable | activities | activities | Voluntarily | 2022 | 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Given to other causes: | Unrestricted | Restrfcted | Designated | Total | Total | ||||||||
| BMS | 4,800.00 | 420.00 | 5,020.00 | 4,550.00 | |||||||||
| HMF | 4,590.00 | 4,690.00 | 4,600.00 | ||||||||||
| Mission | |||||||||||||
| Other | 573.00 | ||||||||||||
| 9274.00 | 909.00 | 10 189 | 9050.M | ||||||||||
| Voluntarily | 2022 | 2021 | |||||||||||
| 4 | Support/staff costs |
Unrestricted | Restricted | Designated | Total | Total | |||||||
| Ministers stipend |
26,665.56 | 26,665.56 | 26,142.60 | ||||||||||
| Pension contribubon | 8,199.31 | 6,199.31 | 7,656.26 | ||||||||||
| National insurance |
2561.40 | 2,561.40 | 2389.23 | ||||||||||
| 35,428.27 | 35426.27 | 35190.11 | |||||||||||
| The number ofpersons employed | by the church | during the year was as follows:- | |||||||||||
| 2022 | 2021 | ||||||||||||
| No. | No. | ||||||||||||
| Charitable acbvitiss, |
fund raising | and public relations, | snd administration | ||||||||||
| Full-time | |||||||||||||
| Part-time | |||||||||||||
| Total employees | |||||||||||||
| Nonmonetary assets held: |
2022 | 2021 | |||||||||||
| Held for Church's | own use: | 2 | |||||||||||
| Church premises | at Park Road | 8,899,252.00 | 8,031,858.00 | ||||||||||
| Manse at 74 Park | Road | 339,419.00 | 307,721.00 | ||||||||||
| Manse at 110Gloucester Avenue Fixtures, furniture, equipment snd |
organ with an insured value |
of: | 257,039.00 99480.10 |
233,035.00 1 D04302.DO |
|||||||||
| 810,5DD D92.00 | 89429 110.0D | ||||||||||||
| All ofthe axed sssete ers used | for | direct chadlsble | purposes and sre | ||||||||||
| shown st the latest upward revslualion |
insured of |
value, | figures at 31 | December 2022 show an 51 |
020902.00 | 8180014.DO |
| Bank balances | |||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| HSBC cunent account | 35,017,00 | ||||
| Vol | Legacy account | 0.00 | 738.18 | ||
| Vol | Reserve account 1 (HSBC MM) | 28,158.50 | 27,35247 | ||
| Vol | Reserve account 3(United Trust Bank) | 62,491.88 | 61,075.95 | ||
| Vol | Welfare fund | 240.68 | |||
| 90,891.06 | 89,891.00 | ||||
| Accounts held by Baptist Union Corporation: | |||||
| Rushden Park Road 6(Trust Fund a/c) |
11,062.63 | 10,893.97 | |||
| I 384114.15 | I 3!I729.117 | ||||
| 7 | Loans | ||||
| Mortgage on 110Gloucsstsr Ave held by ths BU |
58,417.96 | 63,720.41 | |||
| Repayments made |
ID964.84 | 5 3D246 | |||
| Balance | 47483.12 | M417.M |
| Analysis ofn | et assets between funds | ||||
|---|---|---|---|---|---|
| Voluntarily | |||||
| General | Restricted | Designated | |||
| funds | funds | funds | Total | ||
| Tangible fixed | assets | 9,479,110.00 | 9,479,110.00 | ||
| Cash at bank: | Current account | 22,736.11 | 7,146.04 | 5,134.85 | 35,017.00 |
| Other accounts | 10,893.97 | 89,819.00 | 100,712.97 | ||
| Loan creditor | 58,417.96 | 58417.96 | |||
| 9,443428.15 | 18,040.01 | 94,953.85 | 9556,422.01 |