Charity Registration Number 1126707 ## Burlington Baptist Church Ipswich Trustees' Report and End of Year Financial Statements Year Ending October 31[st] 2020 1 Burlington Baptist Church Trustees Report 2019-2020 ## _**Statutory Information**_ ## _**Registered Address**_ London Road Ipswich Suffolk IP1 2EZ Charity Registration Number 1126707 ## _**Managing Trustees**_ The Revd Simon Harris (Senior Minister) The Revd Claire Earl (Minister) Jonathan Chalmers (Treasurer) Alice Speedie (Secretary from 16/03/2021) Jonathan Barnes (Secretary to 16/03/2021) Rebecca Rutter (to 20/10/2020) Simon Cockshutt (to 20/10/2020) Matthew Holmes (to 20/10/2020) Cherie Parnell (to 20/10/2020) Graham Parnell (to 20/10/2020) Rebecca Willson (from 20/10/2020) Rebecca Garland (from 20/10/2020) Nathan Luetchford (from 20/10/2020) Jane Hewson (from 20/10/2020) Chris Hewson (from 20/10/2020) Paul Boulton (from 20/10/2020) ## _**Holding Trustee**_ The Baptist Union Corporation Limited Baptist House 129 Broadway Didcot Oxfordshire OX11 8RT **Directors Dates acted ( if not for whole year)** John English Christopher Hanning From 06/02/2020 Andrew Hawksworth Paul Lancaster To 1/10/2020 The Revd Joseph Lennox John Levick The Revd Christopher Lewis The Revd Duncan Mclean To 28/08/2019 Karen Martindale Olusegun Obidipe 2 Burlington Baptist Church Trustees Report 2019-2020 Jeremy Ponsford from 25/01/2019 Graham Powney From 02/10/2019 Steven Salmen To 08/11/2019 Michael Southcombe Graham Ward The Revd David Warrington To 24/03/2020 Peter Welch Richard Wilson Edward Greenwood To 10/07/2018 John Holmes to 07/02/2019 Rev Ann Chesworth From 5/11/2020 Peter Walls From 17/06/2020 ## _**Bankers**_ Barclays Bank PLC 1 Princes Street Ipswich Suffolk IP1 1PB CAF Bank Ltd Kings Hill 25 Kings Hill Avenue West Malling, Kent ME19 4JQ ## _**Independent Examiner**_ Mrs Christine D Wade Association of Chartered Certified Accountants HastingsWade 58-60 Stowupland Road Stowmarket Suffolk IP14 5AL 3 Burlington Baptist Church Trustees Report 2019-2020 ## _**Annual Report for 2019-20**_ The trustees present their Annual Report and financial statements for the year ended 31 October 2020. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland published in October 2019. ## _**Charitable Objectives**_ The Charity is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the church shall determine. In particular, the charity has the purpose of providing for the advancement of the Christian faith in Ipswich and beyond, providing instruction for children, young people and adults in the Christian faith, holding public Christian worship, and having Christian fellowship with other Christians. The church occupies premises which are held by The Baptist Union Corporation Ltd, on Trusts which are entirely compatible with the above object. ## _**Organisational structure and decision-making processes**_ ## **Governance** The charity is governed in accordance with a Constitution dated 30 October 2008 supplemented by approved relevant notes, a copy of which is available to members of the charity. ## **Public Benefit** In planning our activities for the year we have had regard for the Charity Commission's guidance on public benefit at our Trustees’ and Church Meetings (addressing Sections 4 and 17(5) of the Charities Act 2011). In achieving the aims and objectives as set out in this report, the Trustees consider that the charity is fulfilling its requirement to deliver a public benefit. This is particularly shown by: - Public opportunity to attend worship events on Sundays, with key events being advertised on our website - Open access activities for children e.g. Tiddlywinks, older people e.g. Lunch Club, those in need in Ipswich e.g. Elevenses, Feet for the Street, Ipswich Winter Night Shelter, Open Door Christmas Day meal - Support for publicly accessible mission activities locally e.g. Inspire, CYM, nationally e.g. Home Mission and internationally e.g. BMS, Project Ruth (Romania), Path to Victory (Kyrgyzstan) 4 Burlington Baptist Church Trustees Report 2019-2020 ## **Membership** Members are admitted in accordance with the provisions of the Constitution by vote of the Church Meeting on the basis of their profession of Christian faith, either by Believers’ Baptism or by affirmation. This year we have witnessed a number of baptisms and now have a membership of 217. The list of members and friends is carefully reviewed as part of our three yearly Constitutional review schedule. Members are encouraged to assist the work of the church by volunteering to help in various organisations of the church. ## **Trustees** The managing Trustees of the charity are the Ministers of the Church (appointed by the Church Meeting for an unspecified period), the Church Secretary and Treasurer and between five and seven deacons (appointed by the Church Meeting for a period of three years). Note that there should have been a Trustees election in March but Covid-19 restrictions meant this could not happen then. The election finally took place in October 2020, the existing Trustee group providing stability through the lockdown and over the summer. The Trustees meet at least nine times per year to review operations, the financial position and any developments to ensure the Church’s objectives are being fulfilled. Vision/Strategy meetings are held at least once a year and include the wider staff team. ## **Church Meeting** A meeting of Church members is held 3-4 times per year. One of the meetings incorporates the constitutional annual Church Members Meeting to receive the annual accounts and report, to appoint an Independent Examiner, and to consider proposals for the strategy and vision of the church in the coming year, along with other appropriate matters. At one meeting the Budget for the following year is discussed and agreed. Additional Vision Sundays are used to engage strategically with more members as appropriate through the year. Note that during the Covid-19 restrictions there was a Church Members Meeting held electronically for the purpose of strategy, budget approval and election of new Trustees. Most votes were by show of “electronic hands” and the election was an effective mix of secret electronic voting and postal votes. The Church Meeting has responsibility for the overall policy of the church, in accordance with the Constitution. Relevant matters may be submitted to the Church Meeting by the Trustees for guidance, or may be raised by members in a Church Meeting for further consideration by the Trustees. ## **Fraud Prevention** A Fraud Prevention and Tax Evasion policy is in place to ensure there will be greater awareness of the risks we face in this area, the necessary behaviours we expect from staff and volunteers and ways in which we are seeking to prevent fraud. ## **Data Protection** A Data Protection policy and procedures are in place to support our compliance with the General Data Protection Regulations (GDPR). This includes privacy notices and consent forms with on-line tools being used as much as possible for easier operation. 5 Burlington Baptist Church Trustees Report 2019-2020 ## _**Objectives and activities**_ ## **Core activities** In order to achieve the principal objective which is set out above, the church provides a variety of activities both to its membership and to the public community. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord. - Provision of Sunday public worship (celebration). Usually one main service at 10.45am with teaching made publicly available on our website, and age appropriate teaching for children and young people. The actual celebration event has been mainly online since March due to Covid-19 restrictions but this has meant its reach has been greater. - Provision of a variety of groups and services developing community (termed “Burlington Communities”). Some of these groups have worked effectively online or in very small gatherings during the Covid-19 restrictions and some have become telephone based support groups for mental and spiritual wellbeing: - Small groups for friendship and Christian support and learning - Missional focused groups for friendship, Christian support and learning usually offering a wider service to the public community e.g. A Time to Sew, Elevenses - Organisational groups offering specific services to a group within the church community. e.g. Women’s Fellowship and the wider public community e.g. Lunch Club Additionally, we provide: - Extra teaching through various courses e.g. Start course, Cracking Communication - Extra opportunities for learning and friendship for children and young people e.g. 8-11 and Emerge, Children & Youth Camps and Duke of Edinburgh scheme. - Links to other Christian churches for mutual support e.g. 4 local churches growing in friendship and activity. - Links to the wider Christian community to provide additional public services e.g. Ipswich Winter Night Shelter. - Care for our community through our Pastoral Team including home and hospital visits and communion to those who are housebound. During the Covid-19 pandemic we have been delivering regular food to people we are aware of who are in significant need. - Prayer Ministry Appointments offering specific help and support for people with emotional needs - Christian weddings and funerals ## **Charitable giving** The Church gives at least 15% of its regular sources of income to other Christian charities. The main ones are: - BMS World Mission - Baptist Union of Great Britain Home Mission - Project Ruth School in Romania - Path to Victory (Kyrgyzstan) 6 Burlington Baptist Church Trustees Report 2019-2020 - Route to Freedom, Ipswich - Christian Youth Ministries, Ipswich - Soul Edge (Canada UK and New Zealand) - Inspire Christian Counselling, Ipswich - Perspectives, Ipswich - Oasis Language School, Ipswich - Happy Home (Kenya) The Church has continued to develop longer term partnerships with some mission partners, including the Path to Victory Project in Kyrgyzstan, Transforming Lives for Good (UK) and Kintsugi Hope (UK). A full list of the charities that we have supported during this period is contained in the notes to the financial statements. ## **Safeguarding children and vulnerable adults** The Church operates systems to ensure that all church members working with children, young people and vulnerable adults are appropriately vetted with regard to the DBS system. Arrangements are in place for all such people to receive suitable training for their roles in the Church. ## **Use of premises** Many Church led activities take place in the Church Centre. This facility is also used for some local Council meetings and a regular NCT group (pre-Covid-19 and when Covid-19 restrictions allowed). The Church Hall is used by a range of community groups e.g: - A breakfast and after-school club run by Alpha Nurseries operates daily in term time from the halls. They also run holiday clubs. ’ Karibu – African ladies group helping develop cooking and life skills as well as community and expanding their use of our facilities. - Brownies – regularly use Church facilities for their sessions - – - Eastern Angles Theatre Group occasional use of Church facilities for practices - – - Ipswich Winter Night Shelter use the facilities to provide overnight accommodation for up to 12 guests each night through the worst winter months. The Church has established policies to ensure that such hirings come within the limitations of the Constitution and relevant laws. The main Church Centre is approved for use by the Council as an emergency centre. ## **Health and Safety** The Church, mindful that the trustees bear full responsibility for this aspect of the life and work of the church, has appointed a Health and Safety Officer to advise the Trustees. This is currently the Operations Manager who ensures that relevant health and safety training is provided for employees and volunteer leaders of most church groups. Food hygiene advice is also available to those involved in preparing food for consumption on the Church premises. 7 Burlington Baptist Church Trustees Report 2019-2020 ## _**Achievements and performance**_ The Church does not measure the success of its programmes primarily in numbers, including financial numbers, but in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure, but believe that the year covered by this report was again a positive one in the life of the Church, and that it will be able to pursue its mission purposes in the future with renewed enthusiasm. We continued to work on starting, developing and maturing missional communities through this year. Seven Interns completed a 10-month period of training with us again and five have started a similar programme recently despite Covid-19 restrictions. The Trustees acknowledge that the work of the Church is highly dependent on those members who provide voluntary service in many areas. These include: - heading up the children’s activities in the Church - providing music for services - maintaining the property - catering - administration - staffing the Church activities mentioned in this report As well as a Senior Minister, we also employ paid staff to take the burden of administrative work off volunteers, such as: - a part-time Minister, supporting growth of various groups and Internships - a part-time Finance Manager to assist the Treasurer - a full-time Operations Manager to take on organisation of maintenance, rentals and various administrative matters which might otherwise be undertaken by the Church Secretary - a paid post of Youth Team Leader, to co-ordinate work with young people - Other paid staff include a Property Support Worker, Room-hire Coordinator and PA to the Senior Minister. There have been fairly stable numbers attending the Sunday worship celebration prior to Covid-19 restrictions and some community activities take place off-site on Sunday mornings. Overall we intuitively sense that our ‘reach’ into the wider community continues to be significant through the variety of community activities undertaken. ## **Support** We recognise that staff and key volunteers require a system of support and encouragement. These are principally provided by: - Ministry Team meetings (3 per month, 2 offering support in faith and character development and one focused on operations and associated support) - Line management meetings (monthly) with Senior Minister or other appropriate appointed Trustees - Support and Accountability Groups for community leaders (typically monthly) 8 Burlington Baptist Church Trustees Report 2019-2020 ## **Maintenance and upgrade of the premises** The actions from the last quinquennial review in 17/18 are still actively being planned into the maintenance schedule. Routine day-to-day maintenance of the Church buildings and Manse was supplemented by some one-off projects e.g. replacement of the main video projector. In recent years, improvements have been made to the Church Hall including roof reslating, replacing decaying woodwork and brickwork repairs to sections with limited access, toilet refurbishment. Major work is carried out by commercial contractors, with volunteers carrying out several minor tasks, contributing many hours of work. The Church premises continue to be secured by external dusk to dawn lighting, CCTV, an alarm system and use of Smart Water marking for key assets. ## _**Financial review**_ ## **Financial policies** The Church has established systems to properly receive monies in and to control expenditure in accordance with the Constitution and the directions of the Trustees and Church Meeting. Budgeted resources are controlled to match anticipated income based upon previous years and expected changes. Financial guidelines have been approved by members for the protection of the church’s finances and assets and also for the protection of individual members of the Finance Team. The guidelines stipulate who may authorise payments at three levels of expenditure, and what processes should be followed when purchasing goods or services. The Treasurer is always a Trustee but individual members of the Finance Team are not necessarily Trustees, for instance volunteer Assistant Treasurers have been appointed from the membership to carry out specific roles. The Finance Manager is a part time paid employee who manages day-to-day financial transactions (income and expenditure) on behalf of the Church, monitors and reports on the financial situation, and prepares the annual budget and annual accounts. The Finance Manager reports to the Treasurer. The Finance Committee is a separate group and consists of at least five people – the Treasurer plus other church members, only one of which may be a Trustee. The Finance Committee considers and advises the Trustees on financial issues. In particular, they discuss, and amend if necessary, the annual budget before it goes to the Trustees Meeting. The Church Meeting is responsible for approving the budget. Similarly the annual accounts are reviewed by the Finance Committee prior to approval by the trustees’ Meeting, and are then received by the Church Meeting. A comparison of budgeted income and expenditure against actual income and expenditure is presented to the Trustees at least four times per year. The annual church accounts are prepared by the Finance Manager and independently examined by external, qualified accountants. ## **Reserves Policy** Expenditure is controlled to match anticipated income based on annual budgets, with some allowance to build up reserves as prudent provision for known upcoming major expenses. The Reserves Policy is reviewed annually by the Trustees. Taking into account 9 Burlington Baptist Church Trustees Report 2019-2020 the Church’s current financial position, its annual income, its financial oversight, the potential for loss of key income and the need for adequate cash flow, it is considered that the current minimum reserve level of £27,000 continues to meet our needs. ## **General Fund** All freely available reserves are held in the General Fund. The Trustees monitor the level of reserves and will address any shortfall or make proposals to the Church Meeting in respect of any accumulated surplus to meet the Church’s objectives. The reserves also represent the working balance of the Church particularly given the claiming of Gift Aid in arrears. ## **Restricted funds** Monies are held in Restricted Funds where an appeal or a donor restricts their use, for instance to support the work of a particular organisation within or outside the church. ## **Designated Funds** Some monies have been designated for particular purposes, and have not been included in the calculation of reserves as they are considered essential to support the running of the Church. As well as holdings for internal organisations, the main Designated Funds are: - **Legacy Fund** - Any legacies received by the Church are put into this fund. No legacy in recent years has been for a specific purpose and consequently all monies held are designated. The Trustees generally try to use this fund to provide something that enhances the Church and can be clearly identified by the family of the donor. This fund contained £13,468 (18/19: £13,307) at year end. - **New Projects Fund** We have a designated New Projects Fund, which allows us to support new projects in respect of staff or buildings or outreach in advance of clear availability of funds. At year end the New Projects Fund contained £32,230 (2018/19: £26,204). In 2020/21 it is anticipated that this fund will be needed to support ongoing operational costs. An ongoing conversation with the membership seeks to raise ongoing extra income and reduce costs where possible so that reliance on this fund is eliminated and it can be used for new start-up projects. - **Repair and Renewal Fund** The Church and Church Halls are over 160 years old and we have a modern manse and modern Church Centre. We need to maintain a Repair and Renewal Reserve. Some big items of work, such as repairing roofs and windows are expensive and reserves are built up for these as needed. The Trustees recognise that if large or unexpected repair expenses occur we would need to organise an appeal. - **Sabbatical Fund** Our Ministers can take a sabbatical every seven years. The aim has been to increase this designated fund by £525 per Minister per year, to assist our Ministers with travel costs during their sabbaticals and to fund the additional preaching fees the church may need to pay during such a time. 10 Burlington Baptist Church Trustees Report 2019-2020 ## **Living Wage** The Church recognises that the mandatory minimum wage or the Government national living wage may not be sufficient for people to be able to pay their bills. The optional but higher rate set by the Living Wage Foundation is implemented for all employees. Revised rates for the Living Wage are announced each November. Pay for all employees and Minister(s) is increased from January 1st each year by the Baptist Union recommended percentage increase for ministerial stipends, unless this would leave an employee’s pay below the Living Wage level set the previous November, in which case the Living Wage rate is used. ## **Risk assessment** The Trustees have carried out or overseen relevant risk assessments and believe they have taken adequate steps to manage the risks identified. ## **Presentation currency** The presentation currency is £ sterling. Signed following approval by the trustees on 4[th] May 2021 Alice Speedie Church Secretary Date: 11 Independent Examiner's Report to the Trustees of Burlington Baptist Church Ipswich Independent Examiner's Report to the Trustees of Burlington Baptist Church Ipswich I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2020 which are set out on pages 13 to 31. Responsibilities and basis of report As the charity's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examinerfs statement The charity's gross income exceeded £250,000 and l am qualified to undertake the examination by being a qualified member of the A550ciation of Chartered Certified Accountants. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mrs Christine D Wade Association of Chartered Certified Accountants Hastingswade 58-60 Stowupland Road Stowmarket Suffolk IP14 SAL 12 Burlington Baptist Church Financial Statements 2019-2020 ## **Statement of Financial Activities** ## **Burlington Baptist Church** ## **Statement of Financial Activities** ## **For the period from 01 November 2019 to 31 October 2020** ||**Notes**|**Unrestricted**|**D esignated**|**D esignated**|**R estricted**|**Endo wment**|**Endo wment**|**T o tal**|**P rio r year**| |---|---|---|---|---|---|---|---|---|---| |||**funds**|**funds**||**funds**|**funds**||**funds**|**to tal funds**| |||**£**|**£**||**£**|**£**||**£**|**£**| |**_Income and endowments from:_**|**_2_**||||||||| |Donations and legacies||217,200|4,530||6,688|—||228,418|227,126| |Income from charitable activities||513|7,837||513|—||8,862|10,952| |Investments||47|1||—|—||47|59| |Other income||16,103|5,287||—|—||21,390|32,313| |**T o tal inco me**||**233,861**|**17,655**||**7,200**|**—**|**258,717**||**270,450**| |**_Expenditure on:_**|**_3_**||||||||| |Expenditure on charitable activities||219,068|18,762||2,559|—||240,388|265,494| |Other expenditure||—|649||—|—||649|1,086| |**T o tal expenditure**||**219,068**|**19,411**||**2,559**|**—**|**241,037**||**266,580**| |**N et inco me / (expenditure) reso urces befo re transfer**||**14,794**|**(1,756)**||**4,642**|**—**||**17,679**|**3,869**| |**_Transfers_**|||||||||| |Gross transfers between funds - in||2,577|21,822||—|—||24,399|25,849| |Gross transfers between funds - out||(17,356)|(2,213)||(4,830)|—||(24,399)|(25,849)| |**_Other recognised gains / losses_**|**_9_**||||||||| |Gains / losses on investment assets||—|14,321||—|—||14,321|(1,118)| |**N et mo vement in funds**|**13**|**14**|**32,174**||**(188)**|**—**||**32,000**|**2,751**| |**_Reconciliation of funds_**|||||||||| |**T o tal funds bro ught fo rward**||**27,001**|**46,285**||**1,545,051**|**—**|**1,618,337**||**1,615,586**| |**T o tal funds carried fo rward**||**27,015**|**78,459**|**1,544,863**||**—**|**1,650,337**||**1,618,337**| |**_There may be minor discrepancies in the_**|||**_totals if the_**|**_pence are not_**||**_being shown_**|||| 13 Burlington Baptist Church Financial Statements 2019-2020 ## **Balance Sheet** ## **Burlington Baptist Church** ## **Balance sheet (Separate funds) As at: 31 October 2020** ||**Notes**|**General**|**Designated**|**Restricted Endowment**|**Restricted Endowment**|**A t 31/**|**10/ 2020**|**A t 31/ 10/ 2019**| |---|---|---|---|---|---|---|---|---| |||**Fund**|**Funds**||||**£**|**£**| |**_F ixed assets_**|**8**|||||||| |Tangible assets||—|25,038|1,538,906|—||1,563,944|1,566,515| |**F ixed assets**||**—**|**25,038**|**1,538,906**|**—**|**1,563,944**||**1,566,515**| |**_C urrent assets_**||||||||| |Debtors|**10**|16,900|504|299|—||17,703|1,848| |Cash at bank and in hand|**11**|22,288|80,598|5,827|—||108,713|109,970| |**C urrent assets**||**39,188**|**81,102**|**6,126**|**—**||**126,416**|**111,818**| |**_Liabilities_**|**12**|||||||| |Creditors: Amounts falling due in one year||12,173|12|169|—||12,354|14,816| |**N et current assets less current liabilities**||**27,015**|**81,090**|**5,957**|**—**||**114,062**|**97,003**| |**T o tal assets less current liabilities**||**27,015**|**106,128**|**1,544,863**|**—**|**1,678,006**||**1,663,518**| |**(excluding pensio n liability)**||||||||| |**_P ro visio n fo r liabilities after o ne year_**||||||||| |||—|27,669|—|—||27,669|45,181| |Def ined benef its pension scheme liability||||||||| |**T o tal net assets less liabilities**||**27,015**|**78,459**|**1,544,863**|**—**|**1,650,337**||**1,618,337**| |**F unds o f the church**
~~R~~
~~t i t d Et~~
~~it~~||**27,015**|**78,459**|**1,544,863**
~~32~~|**—**|**1,650,337**
~~32~~||**1,618,337**
~~57~~| ||**_There may be minor_**|**_discrepancies_**|**_in the totals if the pence are_**||**_not being_**|**_shown_**||| The financial statements were approved by the Board of Trustees on 4[th] May 2021 and were signed on behalf by: Jon Chalmers Church Treasurer Date: 14 Burlington Baptist Church Financial Statements 2019-2020 ## _**Notes to the Financial Statements for the year ended 31 October 2020**_ ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest es The significant accounting policies applied in the preparation of these financial statements are set out below. The policies have been consistently applied in all years presented unless otherwise stated. ## **Income recognition** All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. ## **Donations** Donations are accounted for gross when received. Fixed asset gifts in kind are recognized when receivable and are included at fair value. ## **Legacies** Legacies are accounted for on the earlier of notification of an impending distribution and the legacy being received, provided that the legacy can be properly quantified. ## **Expenditure recognition** All expenditure is accounted for on an accruals basis. Expenditure is recognized where there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably. ## **Grants payable** The Church makes grants to other organisations whose charitable objects complement its work. They are accounted for in the year in which they are paid or when the recipient has been notified of the grant and payment is unconditional. ## **Tangible fixed assets** 15 Burlington Baptist Church Financial Statements 2019-2020 Land and buildings, held by Burlington Baptist Church for its own purposes, are stated at cost. All maintenance costs are written off as incurred. No depreciation is provided on freehold properties since it is the Trustees’ policy to maintain these assets in a continual state of sound repair, and accordingly the Trustees consider that any depreciation charge would be insignificant. Functional equipment purchased for use within the church premises or elsewhere by Burlington Baptist Church is capitalized and depreciated on a straight-line basis at the following annual rates Fixtures, furniture & equipment 10% Computer equipment 25% ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements _._ Restricted funds ran only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 16 Burlington Baptist Church Financial Statements 2019-2020 ## **2. INCOME & ENDOWMENTS** ## **Analysis of income and expenditure Selected period: 01 November 2019 to 31 October 2020** |||||||**Total**| |---|---|---|---|---|---|---| ||**Unrestricted**|**D esignated**|**R estricted**|**Endo wment**|**T his year**|**Last year**| ||£|£|£|£|£|£| |**Income and endowments**||||||| |**_Donations and legacies_**||||||| |1101 - Offerings|177,479|444|865|—|178,788|186,877| |1102 - Tax refunds|29,094|38|1,116|—|30,248|30,030| |1103 - Grants|6,179|—|—|—|6,179|—| |1104 - Gifts & Donations|4,447|1,049|4,707|—|10,203|10,219| |1105 - Legacies|—|3,000|—|—|3,000|—| |**_Donations and legacies Totals_**|217,200|4,530|6,688|—|228,418|227,126| |**_Income from charitable activities_**||||||| |1302 - Other activities|513|6,747|513|—|7,772|10,852| |1404 - Other fundraising events|—|1,090|—|—|1,090|100| |**_Income from charitable activities_**|513|7,837|513|—|8,862|10,952| |**_Totals_**||||||| |**_Investments_**||||||| |1201 - Bank interest|47|1|—|—|47|59| |**_Investments Totals_**|47|1|—|—|47|59| |**_Other income_**||||||| |1401 - Room hire|16,001|—|—|—|16,001|28,408| |1402 - Sundry income|101|—|—|—|101|400| |1405 - Intern Fees|—|5,287|—|—|5,287|3,505| |**_Other income Totals_**|16,103|5,287|—|—|21,390|32,313| |**Income and endowments**|233,861|17,655|7,200|—|258,717|270,450| |**Grand totals**||||||| 17 Burlington Baptist Church Financial Statements 2019-2020 ## **3. EXPENDITURE** |**Last year**
£
£
£
£
£
£
**Unrestricted**
**D esignated**
**R estricted**
**Endo wment**
**T his year**
**_Other expenditure Totals_**
—
649
—
—
649
1,086
**Expenditure Grand totals**
219,068
19,411
2,559
—
241,037
266,580
**_Expenditure on charitable_**
**_activities Totals_**
219,068
18,762
2,559
—
240,388
265,494
**_Other expenditure_**
2701 - Pension Deficit Interest
—
649
—
—
649
1,086
2800 - Depreciation
—
11,378
—
—
11,378
12,885
2900 - Independent Examination
1,200
—
—
—
1,200
1,200
2604 - Sundry expenses
119
—
—
—
119
703
2607 - DBS Checks
66
—
—
—
66
—
2602 - Subscriptions
2,322
—
—
—
2,322
2,313
2603 - Bank charges
209
—
—
—
209
198
2600 - Printing stationery and
advertising
1,329
29
—
—
1,358
1,869
2601 - Telephone & Broadband
2,593
—
—
—
2,593
2,081
2411 - Manse Insurance
285
—
—
—
285
274
2501 - Mission Communities
—
—
—
—
—
371
2408 - Halls Heat and Light & Water
3,261
—
—
—
3,261
4,565
2410 - Manse repair & maintenance
695
—
—
—
695
748
2403 - Repairs and renew als
7,979
—
—
—
7,979
10,812
2406 - Flow ers
216
—
144
—
360
986
2401 - Insurance
6,128
—
—
—
6,128
5,829
2402 - Cleaning Materials
2,098
—
—
—
2,098
4,852
2303 - Computer Softw are
2,852
—
—
—
2,852
1,917
2400 - Church Heat light & Water
10,708
—
—
—
10,708
11,475
2300 - Resource materials
391
261
—
—
652
446
2301 - Equipment
796
100
—
—
896
2,264
2122 - Catering costs
683
683
287
—
1,652
2,499
2130 - Pastoral
—
—
—
—
—
12
2110 - Mission Giving
34,150
100
2,039
—
36,289
38,525
2120 - Children's w ork
734
—
—
—
734
525
2104 - Travel & Conference
1,157
83
—
—
1,240
3,373
2105 - Manse Expenses
4,596
—
—
—
4,596
4,433
2102 - Pensions
7,444
—
—
—
7,444
7,215
2103 - Training
2,067
—
—
—
2,067
7,357
2100 - Ministry
891
12
—
—
903
834
2101 - Wages & salaries
123,694
—
—
—
123,694
120,255
2000 - Church w eekend
—
—
—
—
—
11
2002 - Other activities
405
6,116
89
—
6,610
14,670
**Expenditure**
**_Expenditure on charitable activities_**|**Last year**
**Unrestricted**
**D esignated**
**R estricted**
**Endo wment**
**T his year**| |---|---| ||£
£
£
£
£
£| ||| ||219,068
18,762
2,559
—
240,388
265,494
—
649
—
—
649
1,086| ||| ||—
649
—
—
649
1,086| ||| ||219,068
19,411
2,559
—
241,037
266,580| |**_There_**|**_may be minor discrepancies in the totals if the pence are not being shown_**| 18 Burlington Baptist Church Financial Statements 2019-2020 ## **4. STAFF COSTS** |**Staff Costs**|**2019/20**|**2018/19**| |---|---|---| |Gross Salaries|£119,611|£115,600| |Employers National Insurance|£4,081|£4,655| |Pensions**|(£4,570)|£11,854| ||£119,123|£132,109| * Gross Salaries includes employee pension contributions less Employer NI ** Pension costs include employer pension contributions plus deficit payments and interest arising from the deficit, less an adjustment of the liability (see Note 5 Pensions and Note 9 Gains & Losses). The average monthly employees during the year was 8 (2018/19: 8) No employee received emoluments in excess of £60,000 Two ministers act as Trustees and received remuneration including gross pensionable salary, payrolled benefits, housing allowance, Employer NI and Employer pension in 2019/20, as employees of Burlington Baptist church totaling £55,507 (2018/19 £ 54,185). - Rev Simon Harris - Rev Claire Earl The Ministers received benefits in respect of their services as Minister, including the provision to the Senior Minister, of manse accommodation owned by the Church. Payments in respect of other post-retirement benefits are charged to the Statement of Financial Activities in the period to which they relate. Accrued holiday pay is not recognised in the financial statements as this is not considered to be a material component of total expenditure. ## **5. PENSIONS** ## **Baptist Pension Scheme** The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme (“the Scheme”), which is administered by the Pension Trustee (Baptist Pension Trust Limited). The Scheme is a separate legal entity and the assets of the Scheme are held separately from those of the Employer and the other participating employers. For any month, each participating employer in the Scheme pays contributions as set out in the Schedule of Contributions in force at that time. The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are contributions payable towards benefits and expenses accrued in that year, plus any impact of deficiency contributions (see below). 19 Burlington Baptist Church Financial Statements 2019-2020 The Minister(s) [and some members of the church staff] is / are eligible to join the Scheme. From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Legal and General Life Assurance Society Limited. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members in the event that they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva plc. [Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%.] The further 4% contribution rate is reduced to 3% for Employer contributions made to the Segregated DC Arrangement. Benefits in respect of service prior to 1 January 2012 are provided through the Defined Benefit (DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one eightieth of Final Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Baptist Ministers’ Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. ## **Actuarial valuation as at 31 December 2019** A formal valuation of the Defined Benefit (DB) Plan was performed at 31 December 2019 by a professionally qualified Actuary using the Projected Unit Method. The market value of the DB Plan assets at the valuation date was £298 million. The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £18 million (equivalent to a past service funding level of 94%). The Church and the other employers supporting the DB Plan are collectively responsible for funding this deficit. The key assumptions underlying the valuation were as follows: |**Type of financial**
**assumption**
**% pa**|**Type of financial**
**assumption**
**% pa**||| |---|---|---|---| |RPIprice inflation assumption
3.20|||| |CPI price inflation assumption
2.70|||| |Minimum Pensionable Income
increases (RPI)|3.20||| |Assumedinvestment returns|||| |-Pre-retirement
2.95|||| |-Post retirement
1.70|||| |Deferred pension increases|||| |-Pre April 2009
3.20|||| |- Post April 2009
2.50|||| |Pension increases|||| |- Main Schemepension
2.70|||| ||||| |§ Post–retirement mortality in accordance with 80% of the S3NFA and S3NMA tables, with
allowance for future improvements in mortality rates from 2013 in line with the CMI 2019 core
projections, with a long term annual rate of improvement of 1.75% for males and 1.5% for
females, with the core smoothing parameter and with additional initial mortality improvement
factor A=0.5%.|||| |The next actuarial valuation of the DB Plan within the Scheme is due to take place not later
than as at 31 December 2022.|||| 20 Burlington Baptist Church Financial Statements 2019-2020 ## **Recovery Plan** In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals a deficit the Trustee and the Council agree to a rate of deficiency contributions from churches and other employers involved in the DB Plan. Under the current Recovery Plan dated 30 September 2020, deficiency contributions are payable until 30 June 2026. These contributions are broadly based on the employer's membership at 31 December 2014 and increase annually in line with increases to Minimum Pensionable Income as defined in the Rules. However, the Trustee and the Council agreed a 50% reduction for all deficiency contributions payable between 1 July 2020 and 31 December 2020. ## **Movement in Balance Sheet liability** Section 28.11A of 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. |**Accounting date (year ending):**|**Accounting date (year ending):**|**31 October 2020**|**31 October 2020**|**31 October 2019**|**31 October 2019**|| |---|---|---|---|---|---|---| |Balance sheet liability at year start|||£45,181||£47,483|| |Minus deficiency contributions paid|||(£3,840)||(£4,506)|| |Interest cost (recognised in SoFA)|||£649||£1,086|| |Remaining change to balance sheet
liability*(recognisedinSoFA)||(£14,321)|||£1,118|| |Balance sheet liability at year end|||£27,669||£45,181|| |||||||| |* Comprises any change in agreed deficit||recovery plan and change in assumptions between||||| |year-ends.||||||| |||||||| |This liability represents the present value of the deficit contributions agreed as at the||||||| |accounting date and has been valued using the following assumptions set by reference to the||||||| |durationof the deficit recovery payments:||||||| |||||||| |**Accounting date**|**31 October**
**2020**|**31 October 2019**|**31 October 2018**|| |---|---|---|---|---| |Discount rate|1.1%|1.5%|2.4%|| |Future increases to Minimum
PensionableIncome|3.1%|3.1%|3.3%|| A workplace pension scheme for all other employees is provided by NEST. There are 4 eligible job holders and one non-eligible job holders enrolled into the work place pension scheme provided by NEST. ## **6. RELATED CHARITIES** The custodian Trustee of the church is the Baptist Union Corporation Limited which is charity number 249635, and which is controlled by the Baptist Union Council. The Church is also a member of the Baptist Union of Grant Britain, and the Eastern Baptist Association 21 Burlington Baptist Church Financial Statements 2019-2020 which is charity number 1089795. The Church was registered as a charity on 11 November 2008, charity commission number 1126707. The Church made donations to the Baptist Union Home Mission scheme of £7,452 (2018/19: £8,282). ## **7. RELATED PARTY TRANSACTIONS** The following Trustees and related parties received a total of £964 (2018/19: £3,368) as reimbursement for business expenditure. The Revd Simon Harris (Senior Minister) No other payments have been paid to Trustees or related parties other than incidental and occasional reimbursements of charity expenses and no benefits were received for the role of Trustee. The aggregate amount of donations received from Trustees was £58,984 (2018/19: £42,854). ## **8. FIXED ASSETS** |Church
Premises
Manse
**Cost**
At 31st Oct 2019
£200,000
£189,669
Additions
Disposals
Revaluation
At 31st Oct 2020
£200,000
£189,669
**Depreciation**
At 31st Oct 2019
Charge for the year
At 31st Oct 2020
**Net book value**
At 31st Oct 2019
£200,000
£189,669
At 31st Oct 2020
£200,000
£189,669
**9. OTHER RECOGNIZED GAINS/LOSSES**

Re-measurement of multi-employer pension liability|Church
Centre
£1,149,237
£1,149,237
£1,149,237
£1,149,237
2019/20
£
14,321|Fixtures,
Fittings &
Equipment
Total
£238,593
£1,777,499
£8,806
£8,806
£247,399
£1786,305
£210,984
£210,984
£ 11,378
£11,378
£222,362
£222,362
£27,609
£1,566,515
£25,037
£1,563,943

2018/19
£

(1,118)| |---|---|---| 22 Burlington Baptist Church Financial Statements 2019-2020 ## **10. CURRENT ASSETS** – **DEBTORS** |**Class and nominal code**||**General**|**Designated**|**Restricted**|**Endowment**|**Total**|**Last year**| |---|---|---|---|---|---|---|---| |**Current assets - Debtors**|||||||| |GIFTAID : Gift Aid Refund||15,523|—|299|—|15,822|258| |receivable|||||||| |PREPAY : Prepayments||506|504|—|—|1,010|1,158| |Z05 : Accounts Receivable||871|—|—|—|871|432| ||**Total**|16,900|504|299|—|17,703|1,848| ## **11. CASH AT BANK AND IN HAND** |**11. CASH AT BANK AND IN**|**HAND**|||||| |---|---|---|---|---|---|---| |**Class and nominal code**|**General**|**Designated**|**Restricted**|**Endowment**|**Total**|**Last year**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Current assets - Cash at bank and in hand**||||||| |6501 : Barclays Account|9,255|1,114|(1,826)|—|8,543|4,017| |6503 : CAF Account|15,185|37,372|6,186|—|58,743|64,417| |6504 : Contact Cash|—|28|—|—|28|28| |6505 : Contact Current|—|—|—|—|—|195| |6509 : Duke of Edinburgh Current|—|(357)|357|—|—|—| |6510 : ElevensesF4TS Cash|—|—|155|—|155|33| |6513 : Elevenses F4TS Bank|—|—|—|—|—|423| |6514 : Flow er Cash|56|—|(56)|—|—|100| |6515 : Impact Cash|—|56|30|—|86|126| |6516 : Impact current account|—|4|975|—|980|425| |6517 : Ladies Fellow ship Current|—|292|—|—|292|121| |6518 : Ladies Fellow ship Deposit|—|100|—|—|100|170| |6519 : Lunch Club cash|192|(192)|—|—|—|84| |6520 : New Song Cash|(342)|342|—|—|—|139| |6522 : Saxceptional Cash|—|144|—|—|144|150| |6523 : Time to Sew Cash|—|1|5|—|5|116| |6524 : A time to Sew Deposit|—|348|—|—|348|147| |6526 : Tiddlyw inks Cash|—|—|—|—|—|36| |6530 : CAF Gold ( General)|(3,067)|41,296|—|—|38,229|38,185| |6531 : Scottish w idow s ( General)|1,011|—|—|—|1,011|1,009| |6532 : First Steps Cash|—|50|—|—|50|50| |6590 : Cash in hand|(1)|—|—|—|(1)|(1)| |**Total**|22,288|80,598|5,827|—|108,713|109,970| _**There may be minor discrepancies in the totals if the pence are not being shown**_ 23 Burlington Baptist Church Financial Statements 2019-2020 ## **12. LIABILITIES** – **CREDITORS** |**Class and nominal code**|**Class and nominal code**|**General**|**Designated**|**Restricted**|**Endowment**|**Total**|**Last year**|**Last year**| |---|---|---|---|---|---|---|---|---| |**Liabilities - Creditors: Amounts falling due in one year**||||||||| |CREDITORS : Other Creditors||6,622|—|169|—|6,791||9,252| |Z04 : Accounts Payable||5,552|12|—|—|5,564||5,565| ||**Total**|12,173|12|169|—|12,354||14,816| |**Class and nominal code**||**General**|**Designated**|**Restricted**|**Endowment**|**Total**|**Last year**|| |**Liabilities - Provision for liabilities after one year**||||||||| |PENSION : Baptist Pension Deficit||—|27,669|—|—|27,669||45,181| ||**Total**|—|27,669|—|—|27,669||45,181| ## **13. MOVEMENT IN FUNDS** ## **Purpose and Restriction of Funds** |**Designated**|**Purpose**|**Restriction**| |---|---|---| |AVFUND - Worship AV Fund|Audio Visual equipment|None| |CONTACT - Contact|Activities of the Contact missional
community (now closed)|None| |DUKE - Duke of Edinburgh|Duke of Edinburgh group activities|None| |EQUIP - Equipment|Equipment expenditure|None| |ETERNITY - Eternity|Activities of the Emerge youth group|None| |FIXTURES - Fixtures Furniture and
Equipment Reserve|Furniture and equipment fixed assets|None| |FSTEPS - First Steps|Activities of First Steps mission
community (now closed)|None| |IMPACT - Impact|Activities of Impact missional
community|None| |INTERN - Intern Fund|Activities of the Internship Programme|None| |LADIES - Ladies Fellowship|Activities of the Ladies fellowship
missional community|None| |LEGACY - Legacy|Funds given in memory of deceased
for use for specificprojects|None| |LUNCH - Lunch Club|Activities of the Lunch Club missional
community|None| |Mission - Mission Giving|Mission giving, part of the tithe|None| |NEW - New Projects|new projects in respect of staff or
buildings or outreach|None| |NEWSONG - New Song|Activites of New Song missional
community (now closed)|None| |REPAIRS - Repairs & Renewals|For maintenance and repair of church
buildings|None| |SABBAT - Sabbatical|assist our ministers with travel costs
during their sabbaticals and to fund
the additionalpreachingfees|None| |SAX - Saxceptional|Activities of the Saxceptional mission
community|None| |TIDDLY – Tiddlywinks|Activites of the Tiddlywinks missional
community|None| |TIME – A Time to Sew|Activities of the Time to Sew missional
community|None| |Zpension – Pension reserves|Represents the Pension Liability|None| 24 Burlington Baptist Church Financial Statements 2019-2020 |**Restricted Funds**|**Purpose**|**Restriction**| |---|---|---| |BMS - BMS|Setup to receive church member
donations to add to church mission
givingto BMS|Funds can only be used for the stated
purpose| |CENTRE - Church Centre Reserve|Fixed assets fund for the church
centre building|Funds can only be used for the stated
purpose| |CHILDREN - Childrens Work|Donations from church members for
childrens work at Burlington|Funds can only be used for the stated
purpose| |DUKE - Duke of Edinburgh|Donations from church members for
activities of the DofEgroup|Funds can only be used for the stated
purpose| |ETERNITY - Eternity|Donations from church members for
youth work at Burlington|Funds can only be used for the stated
purpose| |Elevenses - Elevenses|Donations for the missional
community that offers hot food and
drinks as well as clothes, sleeping
bags|Funds can only be used for the stated
purpose| |F4TS11SES - Feet for the
Street/Elevenses|Donations for the missional
community that offers hot food and
drinks as well as clothes, sleeping
bags|Funds can only be used for the stated
purpose| |FLOWER - Flowers|Donations to be used for church
flowers|Funds can only be used for the stated
purpose| |H4I - Heart For Ipswich|Funds allocated for Heart for Ipswich (
now Network Suffolk)|Funds can only be used for the stated
purpose| |HAPPY - Happy Homes|Donations received from church
member to add to church mission
givingto HappyHome(Kenya)|Funds can only be used for the stated
purpose| |HOME - Home Mission|Donations received from church
members to add to church mission
givingto EBA|Funds can only be used for the stated
purpose| |IMPACT - Impact|Donations for the activities of the
missional community that visits local
hostel|Funds can only be used for the stated
purpose| |OPEN - Open Door|Donations for the activities of the
missionalprovidingmeal at Christmas|Funds can only be used for the stated
purpose| |PERSPECT - Perspectives|Donations received from church
members to add to church mission
givingto Perspectives|Funds can only be used for the stated
purpose| |PROJECTOR - PROJECTOR|Donations in response to an appeal
for aprojector|Funds can only be used for the stated
purpose| |PROP - Property Reserve|Fixed asset fund - Church building|Funds can only be used for the stated
purpose| |RUTH - Project Ruth|Donations received from church
members to add to church mission
givingto Project Ruth|Funds can only be used for the stated
purpose| |SPURSE - Samaritans Purse|Donations received from church
members to add to church mission
givingto Samaritans Purse|Funds can only be used for the stated
purpose| |SpecGifts - Special Gifts|Proceeds from special collections to
add to church mission giving to
various charities|Funds can only be used for the stated
purpose| |TEAR - Tear Fund|Donations received from church
members to add to church mission
givingto Tear Fund|Funds can only be used for the stated
purpose| 25 Burlington Baptist Church Financial Statements 2019-2020 ## **Fund Transfers** |Transfers between fund classes|Description|£| |---|---|---| |Transferred from General funds to
Designated funds|3840 of pension deficit payments
transferred to reduce the pension
liability
4341 transferred to Fixtures to pay for
purchase of fixed assets
6026 transferred the surplus for the
year to New Projects
3150 transferred for various
designated purposes.|(17,356)| |Transfer from Designated funds to
General fund|Transfer from missional organisations
to General funds to cover general
church expenses and to transfer
surplus funds|434| |Transfer from Legacy Designated
fund to General Fund|funds to contribute to Projector
purchase|1779| |Transfer from Projector Restricted
funds to General Fund|Transfer residual gift aid on Projector
restricted fund, to offset cost of
Projector transferred from General|364| |**Net transfers to/from General fund**||**(14,779)**| |Transfer from Project Restricted fund
to Fixtures Designate fund|Fixed assets, purchased from and
held in Fixtures fund, using fund
donated for this purpose and held in
Projector restricted fund.|4466| |Transfer from Projector Restricted
funds to General|Transfer residual gift aid on Projector
restricted fund, to offset cost of
Projector transferred from General|364| |**Net transfers from Restricted funds**||**(4,830)**| 26 Burlington Baptist Church Financial Statements 2019-2020 ## **Movement In Funds** ## **Burlington Baptist Church** **Fund movement by type Selected period: 01 November 2019 to 31 October 2020** |**F und and type**|**F und balances**|**Inco ming**|**Outgo ing**|**T ransfers**|**Gains and**|**Jo urnal**|**F und balances**| |---|---|---|---|---|---|---|---| ||**bro ught fo rward**|**R eso urces**|**R eso urces**||**Lo sses**|**Entries**|**carried fo rward**| ||£|£|£|£|£|£|£| |**Unrestricted**|||||||| |General - General fund|27,001|233,861|219,068|(14,779)|—|—|27,015| |**Sub-to tals**|**27,001**|**233,861**|**219,068**|**(14,779)**|**—**|**—**|**27,015**| |**Designated**|||||||| |AVFUND - Worship|404|—|—|—|—|—|404| |AV Fund|||||||| |CONTACT - Contact|223|—|—|(195)|—|—|28| |CYM - CYM|—|—|—|—|—|—|—| |DUKE - Duke of|(14)|370|1,493|600|—|—|(537)| |Edinburgh|||||||| |EQUIP - Equipment|249|—|—|—|—|—|249| |ETERNITY - Eternity|1,708|3,307|4,345|1,500|—|—|2,170| |FIXTURES - Fixtures|27,609|—|11,378|8,807|—|—|25,038| |Furniture and|||||||| |Equipment Reserve
FSTEPS - First Steps|50|—|—|—|—|—|50| |IMPACT - Impact|322|—|121|—|—|—|202| |INSPIRE - Inspire|4|—|—|—|—|—|4| |INTERN - Intern Fund|3,164|9,300|92|—|—|—|12,372| |LADIES - Ladies|291|212|112|—|—|—|392| |Fellow ship|||||||| |LEGACY - Legacy|13,308|2,000|61|(1,779)|—|—|13,468| |LUNCH - Lunch Club|1,124|1,566|415|—|—|—|2,276| |Mission - Mission|171|10|—|—|—|—|181| |Giving|||||||| |NEW - New Projects|26,204|—|—|6,026|—|—|32,230| |NEWSONG - New|482|—|—|(139)|—|—|342| |Song|||||||| |REPAIRS - Repairs &|12,781|—|—|—|—|—|12,781| |Renew als|||||||| |SABBAT - Sabbatical|2,419|—|—|1,050|—|—|3,469| |SAX - Saxceptional|150|193|198|—|—|—|144| |TIDDLY - Tiddlyw inks|551|245|281|—|—|—|515| |TIME - A Time to Sew|263|452|267|(100)|—|—|348| |ZPension - Pension|(45,181)|—|649|3,840|—|14,321|(27,669)| |reserves|||||||| |**Sub-to tals**|**46,285**|**17,655**|**19,411**|**19,609**|**—**|**14,321**|**78,459**| |**Restricted**|||||||| |BMS - BMS|—|125|98|—|—|—|28| |CENTRE - Church|1,149,237|—|—|—|—|—|1,149,237| |Centre Reserve|||||||| |CHILDREN - Childrens|482|188|—|—|—|—|669| |Work|||||||| |DUKE - Duke of|318|—|—|—|—|—|318| |Edinburgh|||||||| |EBACOYEAR - EBA|25|—|—|—|—|—|25| |Church of the Year|||||||| |ETERNITY - Eternity|57|—|89|—|—|—|(32)| |F4TS11SES - Feet for|465|1,314|—|—|—|—|1,779| |the Street/Elevenses|||||||| |FLOWER - Flow ers|1|186|144|—|—|—|43| |H4I - Heart For|250|—|—|—|—|—|250| |Ipsw ich|||||||| |HAPPY - Happy|49|1,446|1,491|—|—|—|5| |Homes|||||||| |HOME - Home Mission|13|125|—|—|—|—|138| |IMPACT - Impact|229|635|—|—|—|—|864| |OPEN - Open Door|509|197|287|—|—|—|419| |PROJECTOR -|2,678|2,153|—|(4,830)|—|—|1| |PROJECTOR|||||||| |PROP - Property|389,669|—|—|—|—|—|389,669| |Reserve|||||||| |RUTH - Project Ruth|122|77|—|—|—|—|199| |SPURSE - Samaritans|7|—|—|—|—|—|7| |Purse|||||||| |SpecGifts - Special|602|515|450|—|—|—|667| |Gifts|||||||| |TEAR - Tear Fund|338|240|—|—|—|—|578| |**Sub-to tals**|**1,545,051**|**7,200**|**2,559**|**(4,830)**|**—**|**—**|**1,544,863**| ||||||||| |**Totals**|**1,618,337**|**258,717**|**241,037**|**—**|**—**|**14,321**|**1,650,337**| ||**_There may be minor discrepancies in the totals if the pence are not being shown_**||||||| 27 Burlington Baptist Church Financial Statements 2019-2020 ## **14. GRANT MAKING** Analysis of grants paid ( included in Mission Giving under Costs of Charitable Activities in Note 4) |Analysis|Grants to
Institutions
(£)|Grants to
Individuals
(£)|Support
Costs
(£)|Total
(£)|2018/19| |---|---|---|---|---|---| |Beam|648|||648|-| |BMS|4,957|||4,957|6,712| |BugB EBA|7,452|||7,452|8,174| |Cancer Research|-|||-|25| |CYM|1,428|||1,428|1,425| |Guide Dogs for the Blind|-|||-|20| |HappyHome(Kenya)|1,947|||1,947|1,337| |Inspire
Christian Counselling|1,428|||1,428|1,425| |Kintsugi Hope|972|||972|2,000| |Path to Victory|2,870|||2,870|3,500| |Perspectives|1,428|||1,428|1,425| |Project Ruth|2,664|||2,664|2,775| |Harnhill|648|||648|1,425| |Oasis
Language Sc|1,428|||1,428|1,425| |RSVP Trust|||||260| |Route to
Freedom|1,620|||1,620|-| |Samaritans Purse|||||4,504| |Talitha Koum|456|||456|586| |Ukuleles for charity|||||20| |TLG|475|||475|-| |TWAM|456|||456|529| |Evangelical Alliance|450|||450|-| |Soul Edge|1,296|||1,296|-| |Other|100|||100|-| |Unallocated|3,565|||3,565|956| |**Total**|**36,289**|||**36,289**|**38,525**| _There may be minor discrepancies in totals if pence are not shown_ 28 Burlington Baptist Church Financial Statements 2019-2020 ## **15. Comparative figures are provided in the following 2 reports for the SOFA and movement in funds for 2018/19** ## **Burlington Baptist Church** ## **Statement of Financial Activities** ## **For the period from 01 November 2018 to 31 October 2019** ||**N o tes**|**Unrestricted**|**D esignated**|**R estricted**|**Endo wment**|**Endo wment**|**T o tal**|**P rio r year**| |---|---|---|---|---|---|---|---|---| |||**funds**|**funds**|**funds**||**funds**|**funds**|**to tal funds**| |||£|£|£||£|£|£| |**_Income and endowments from:_**|**_2_**|||||||| |Donations and legacies||214,414|261|12,451|—||227,126|212,460| |Income from charitable activities||496|10,237|219|—||10,952|14,095| |Investments||58|0|—|—||59|20| |Other income||28,808|3,505|—|—||32,313|30,748| |**T o tal inco me**||**243,776**|**14,004**|**12,670**|**—**|**270,450**||**257,323**| |**_Expenditure on:_**|**_3_**|||||||| |Raising funds||—|—|—|—||—|162| |Expenditure on charitable activities||233,886|27,231|4,377|—||265,494|271,247| |Other expenditure||—|1,086|—|—||1,086|1,900| |**T o tal expenditure**||**233,886**|**28,317**|**4,377**|**—**|**266,580**||**273,309**| |**N et inco me / (expenditure) reso urces befo re transfer**||**9,890**|**(14,313)**|**8,292**|**—**||**3,869**|**(15,987)**| |**_Transfers_**||||||||| |Gross transfers between funds - in||3,748|20,771|1,330|—||25,849|31,098| |Gross transfers between funds - out||(14,535)|(5,830)|(5,484)|—||(25,849)|(31,098)| |**_Other recognised gains / losses_**|**_9_**|||||||| |Gains / losses on investment assets||—|(1,118)|—|—||(1,118)|34,825| |**N et mo vement in funds**|**13**|**(897)**|**(490)**|**4,138**|**—**||**2,751**|**18,838**| |**_Reconciliation of funds_**||||||||| |**T o tal funds bro ught fo rward**||**27,898**|**46,774**|**1,540,913**|**—**|**1,615,586**||**1,596,747**| |**T o tal funds carried fo rward**||**27,001**|**46,285**|**1,545,051**|**—**|**1,618,337**||**1,615,586**| |**_There may be minor discrepancies in the_**|||**_totals if the pence are not_**||**_being shown_**|||| 29 Burlington Baptist Church Financial Statements 2019-2020 ## **Movement in Funds 2018/19** **Fund movement by type Selected period: 01 November 2018 to 31 October 2019** |**F und and type**|**F und balances**|**Inco ming**|**Outgo ing**|**T ransfers**|**T ransfers**|**Gains**|**F und balances**| |---|---|---|---|---|---|---|---| ||**bro ught fo rward**|**R eso urces**|**R eso urces**|||**and**|**carried fo rward**| |||||||**Lo sse**|| ||£|£|£|£||£|£| |**Unrestricted**|||||||| |General - General fund|27,898|243,776|233,886|(10,787)||—
—|27,001| |**Sub-to tals**|**27,898**|**243,776**|**233,886**|**(10,787)**||**—**|**27,001**| |**Designated**|||||||| |AVFUND - Worship|404|—|—||—|—
—|404| |CONTACT - Contact|223|—|—||—|—
—|223| |CYM - CYM|—|—|—||—|—
—|—| |DUKE - Duke of|232|57|1,575|1,272||—
—|(14)| |EQUIP - Equipment|249|—|—||—|—
—|249| |ETERNITY - Eternity|846|5,180|6,522|2,204||—
—|1,708| |FSTEPS - First Steps|50|—|—||—|—
—|50| |IMPACT - Impact|501|185|364||—|—
—|322| |INSPIRE - Inspire|4|—|—||—|—
—|4| |INTERN - Intern Fund|1,868|3,655|2,358||—|—
—|3,164| |LADIES - Ladies|341|615|365|(300)||—
—|291| |LEGACY - Legacy|16,395|—|—|(3,088)||—
—|13,308| |LUNCH - Lunch Club|697|2,154|1,727||—|—
—|1,124| |Mission - Mission|171|—|—||—|—
—|171| |NEW - New Projects|28,431|—|—|(2,227)||—
—|26,204| |NEWSONG - New|190|292|—||—|—
—|482| |REPAIRS - Repairs &|9,801|—|80|3,060||—
—|12,781| |ROOF - Roof|—|—|—||—|—
—|—| |SABBAT - Sabbatical|1,369|—|—|1,050||—
—|2,419| |SAX - Saxceptional|150|—|—||—|—
—|150| |TIDDLY - Tiddlyw inks|656|730|806|(30)||—
—|551| |TIME - A Time to Sew|307|1,136|1,001|(179)||—
—|263| |TOY - Toy Library|—|—|—||—|—
—|—| |**Sub-to tals**|**62,885**|**14,004**|**14,798**|**1,762**||—|**63,854**| |FIXTURES - Fixtures|31,370|—|12,434|8,673||—
—|27,609| |Furniture and|||||||| |Equipment Reserve|||||||| |ZPension - Pension|(47,483)|—|1,086|4,506||(1,118)|(45,181)| |**T o tals designated funds**|**46,774**|**14,004**|**28,317**|**14,941**||**(1,118)**|**46,285**| |**Restricted**|||||||| |AVFUND - Worship|—|—|—||—|—
—|—| |BMS - BMS|95|658|753||—|—
—|—| |CHILDREN - Childrens|—|750|268||—|—
—|482| |DEVELOP -|—|—|—||—|—
—|—| |Development|||||||| |DISHWASH -|—|5,603|125|(5,478)||—
—|—| |DUKE - Duke of|717|—|399||—|—
—|318| |EBACOYEAR - EBA|—|—|(25)||—|—
—|25| |ETERNITY - Eternity|47|10|—||—|—
—|57| |Elevenses - Elevenses|—|—|—||—|—
—|—| |F4TS11SES - Feet for|90|1,195|940|120||—
—|465| |FLOWER - Flow ers|—|144|143||—|—
—|1| |FRIENDSINT - Friends|0|—|—||—|—
—|0| |H4I - Heart For|250|—|—||—|—
—|250| |HAPPY - Happy|(154)|957|783|29||—
—|49| |HOME - Home Mission|1|639|627||—|—
—|13| |IMPACT - Impact|63|333|351|184||—
—|229| |OPEN - Open Door|894|154|539||—|—
—|509| |PERSPECT -|0|—|—||—|—
—|0| |P
ti
PROJECTOR -|—|1,688|—|991||—
—|2,678| |PROJECTOR|||||||| |RUTH - Project Ruth|—|241|119||—|—
—|122| |SPURSE - Samaritans|2|5|—||—|—
—|7| |Purse|||||||| |SpecGifts - Special|—|—|(602)||—|—
—|602| |TEAR - Tear Fund|—|295|(43)||—|—
—|338| |TK - Talitha Koum|—|—|—||—|—
—|—| |TOWNPAST - Ipsw ich|—|—|—||—|—
—|—| |Tow n Pastors|||||||| |TWAM - Tools With A|—|—|—||—|—
—|—| |Mission|||||||| |WOW - WOW|—|—|—||—|—
—|—| |**Sub-to tals**|**2,005**|**12,672**|**4,377**|**(4,154)**||**—**|**6,145**| |PROP - Property|389,669|—|—||—|—
—|389,669| |CENTRE - Church|1,149,237|—|—||—|—
—|1,149,237| |Centre Reserve|||||||| |**Sub-to tals**|**1,540,913**|**12,670**|**4,377**|**(4,154)**||**—**|**1,545,051**| |**Totals**|**1,615,586**|**270,450**|**266,580**||**—**|**(1,118)**|**1,618,337**| 30 Burlington Baptist Church Financial Statements 2019-2020 ## **16. INDEPENDENT EXAMINATION FEES** 2019/20 2018/19 £ £ Independent Examiner’s Fee 1,200 1,200 31