New Road Baptist Church Bonn Squa Oxford OX11LQ Unaudited Accounts for the Year Ended 31 December 2020 Page l of21 New Road Baptist Church, Oxford Trustees, Report for the Year Ended 31 De￿mber 2020 Reference and Administrative Information Registered Address Bonn Square Oxford OX1 1LQ Charity Registration Number 1126842 Website http'.IIMvw.newroad.org Diaconate Revd J Keyworth Dr R Chadwick Mr J Chadwick Revd Dr Myra Blyth Mr R Blyth Revd G Conway-Doel Mrs R Fletcher Mr S Hill Revd Dr L Kreitzer Mr R Nascimento Dr D Rooke {Minister) (Secretary) (TreasLfrerl (Term of Appointment Ended De￿rnber 2020) (Appointed January 2021) (Resigned August 2020) (Appointed January 2021) Property Trustee The Baptist Union Corporation Limtted Baptist House 129 Broadway Didcot Oxfordshire OX118RT Principal Banker The Cooperative Bank Delf House Southway Skelmersdale WN66 Independent Examiner Mr G Cole, FCA WennTownsend (Chartered Accountants) 30 St Giles Oxford OX13LE Page 2 of 21 New Road Baptist Church. Oxford Trustees, Report for the Year Ended 31 December 2020 Annual Reportfor 2020 Structure, governance and management The Trustees present their Annual Report and financial statements for 2020, a year inevitably dominated by the impacts of the COVID19 pandemic and the church's responses to this. The financial statements have been prepa￿d in accordance with the accounting policies set out in Note 1 to the accounts and comply wrth the church's Trust Deed, the Charities Act 2011, and the Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Gharities prepartng their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS102) published in October 2019. The name of the church is New Road Baptist Church. The Church operates under a Covenant dated 16 November 1780. As a charttable unincorporated association, the Church is govemed by a constitution adopted at a Special Church Meeting on 12 October 2008. The Church Meeting is the ultimate decision-maknng body guiding the affairs of the church. Church Meetings nomially take place nine times per year. Members of the congregation and other invrted guests are welcome to attend and participate, but only Members can vote. Church Members appoint up to nine Deacons, who together with Ihe Minister, Church Secretary, Treasurer and any Joint offi￿rS {also appointed by the Members), are the Charity Trustees. The Trustees. collectively known as the Diaconate, are responsible for the day to day running of the church's work and wrtness. and for the financial and legal aspects of the charity_ The Church occupies premises that are held in trust by the Baptist Union Corporation Ltd. Objects and activities The principal purpose of the Church is the advan￿ment of the Chnstian farth according to the principles of the Baptist denomination_ The Church may also advance educalion and carry out other charitable purposes in the Untted Kingdom andlor other parts of the wodd. In fulfilling its purpose, the Church engages in a range of activities, both on its own and with others, aimed at showing the love of Jesus Christ in word and deed and at bringing people into a closer relationship with Him as living Lord_ These activities include.. regular public worship, prayer, Bible study, preaching and teaching welcome, inclusion and teaching of children and young people giving and encouraging pastoral care weekday 'Open Church, _ where people can drop in to chat or spend time in quiet reflection supporting and encouraging charitable social action. both in the UK and abroad engaging with the wider Baptist denomination, and with other Christians making our prernises available for a wide range of community purposes. Page 3 of 21 New Road Baptist Church, Oxford Trustees. Report for the Year Ended 31 De￿mber 2020 Public benefit The Trustees have paid due regard to the Charity Commission's guidan￿ on public benefit. The Church's worship serVI￿S are open to all. as is Open Church. The church encourages charitable social action in diverse ways, including through donations to different causes and through our support forthe Oxford Winter Night Shelter and the Mint House, Oxford Centre for Restorative Practice. As circumstances pemiti, our premises are also widely used by organisations seeking to serve Oxtord and the surrounding area in different ways. Overview of 2020 2020 was a year of high challenge and significant discovery. The year started wtth attention to fabric matters-. refurbishment of the church kttchen,. manse improvements," a community energy audit of the church premises and progression of lease negotiations with St Peter's College. We were pleased to join with hOME. a new expression of church. for an Ash Wednesday Labyrinth in the chapel. In late February the Keyworth family were at last able to move to the manse after six months in temporary accommodation. Plans were made for a varied summer programme aimed at building up the fellowship. deepening our discipleship and engaging with the city- The risks posed by COVID19, and restrictions to curb the spread of the pandemic, highlighted the fragility of these plans. For six months, from 20 March 2020 to 20 September 2020, and again from 27 December the chapel was dosed for Sunday worship. For much of this time the premises were closed for all other activities also, with ex￿ptIonS including summer-time weekly opening for reflective prayer and Open Church sessions in Bonn Square. Even when the chapel could reopen, health con￿M$ prevented many from worshipping in person while COVID precautions required many adjustments in how worship was conducted and in other activities hosted by the churGh. Reflecting this upheaval. much time and attention was given through the year to developing new ways of being church that were independenl of our building. The church also continued to engage with a range of social justice issues, also looking to integrate these into the worship life of the congregation. Achievements and perforniance Developing new ways of being church New Road responded to lockdown by moving to worshipping via Zoom, then later to 'mixed mode, worship combining worship via Zoom and worship in the chapel. Elements of services have been reproduced on YouTube. with content shared also via a 'Minister's B50g' and in a weekly news sheet. Other online expressions of church have included.. regular Wednesday evening prayers., an online Lent study series,. daily prayers in Holy Week and Advent,. House Blend - a fortnightly'virtual teashop intrOdU￿d in late November and that helps friends to keep in touch- 'Space@New Road. a pilot initiative geared to students", a church WhatsApp group", and occasional online quizzes. We have also been keen to reflect on and enhance our practice, including through discussion with colleagues in other churches. Page 4 of 21 New Road Baptist Church, Oxford Trustees, Report for the Year Ended 31 De￿mL￿r 2020 Developing new ways of being church (continued) We remain acLrtely awa￿ of the limitations of meeting online. Inclusivrty is a key consideration- while offering help and support to those less familiar with online platforms, we know that these do not work for all and so cannot be relied on exclusively. We have found providing for young people to be a challenge_ Participatory worship needs approaching in different ways and requires more careful planning. It is harder for new people to feel part of things. Unless orchestrated. there are fewer opportunities for the on￿t0-one or small group conversalions that happen organically when meeting fac&tO-face. and that help nourish relalionships. Technical skills- and volunteers - are also needed. Equally, we have been encouraged by a strong sense of shared worship and fellowship and challenged to think radically about how we can keep using our building without being 'locked in rf(, and how we can function more effectively as a 'scattered people., It has been a thrill to be joined by friends from around the world, to have barriers to worship removed for people in poor hea￿h, housebound or away from home and to have more opportunities to engage with others, bringing in fresh perspectives. The 'collective conversations. made possible via Zoom have strengthened connections within the church comrnunty. Not needing to Iravel makes joining activities such as daily prayers more feasible and climate friendly. We have also appreciated the many opportunities for creativity in music and other areas of worship. Working with others to advance social justice The church bade farewell to Oxford's Community Hub for homeles5 people when il moved to purpose-built premises. Christian Aid also ￿aSed to operate from our premises in July 2020 following a closure of the regional office as part of a restructuring exercise. Work continued to advance social Justi￿ in other ways. From January to mid-march New Road again hosted 10 beds for the Oxford Winter Night Shelter (OWNS). A powerful demonstration of co-ordinated community action. OWNS as a whole provided 10-15 guests each night with a warm dry place to stay (1,017 individual night stays in lotal) with support from 450 volunteers. During the season, 260A of guests settled into accommodation. Based at. and supported by. the church. the Mint House, Oxford Centre for Restorative Practice hosled 5unchtime talks on The Art of Restorative Conversation and on restorative practice in schools, while also providing reflection space and developing Iraining to support use of restorative approaches across the Oxfordshire children's workforce. COVID restrictions prevented us from hosting our hoped-for physical exhibition with Painting for Freedom as part of Oxford Artweeks. aimed at raising funds and awareness of Freeset's work to help women exrt the sex trade in Wesl Bengal. We were. though, delighted to be joined by Richard Kidd and Mike Lowe from Painting for Freedom for an online Artweeks service, including a filmed update from Freeset colleagues in West Bengal and wtth a chance to purchase art online. Page 5 of 21 New Road Baptist Church, Oxford Trustees, Report for the Year Ended 31 De￿mler 2020 Worklng with others to advance social justice (continued) In octo1￿r 2020, the church was pleased to mark Black History Month by celebrating the work of pioneering black nurses. The church continued to make grants from the Charfton LFving Legacy Fund to support Baptist Churches within Oxfordshire to engage wf(h their local communrties in new and imaginative expressions of mission. Grants were awarded through the year to.. Orchard 8aptist Church, Bicester. for the continuing development of ministry and oulreach into the Graven Hill estate., for welcome cards and hosprtalty by the AnglicanlBaptist partnership on Didcot's Ladygrove estate- towards ministry in Wolvercote,. and to contribute to Deb Rooke's ongoing role as chaplain of Qxford United Women's Football Team. The church does not measure the success of rts programmes only in numbers and finances, but also in the less tangible areas of fellowship, encouragement and spiritual growth, and how, individually and collectively. members show the love of Jesus Christ in our daily lives. Ouring 2020 5 members moved to other churches, 1 member resigned and two members died. At 31 De￿mber 2020, membership stood at 55, a decrease of 8. Weekly attendan ranged from 35 and 70 participants wtth an average of 42 individuals taking part in worship each week. Financial Review The church remains financially secure, largely through the generosity and foresight of current and past members. The financial challenges brought about by the national and local measures ne￿$sary to combat the spread of the COVID19 pandemic undedined this strength as, despile significant reductions in many types of income. the church was able to maintain its life and witness, including all planned grants and donations to other organisalions, without drawing upon reserves accumulated over many years. The trustees have considered forecasts of income and expenditure to 31 De￿rnber 2022 taking into account the potential continuing irnpact of the COVID19 pandemic and are satisfied that the church will be able to continue fulfilling its mission. Accordingly. the accounts have been prepared on a going concem basis. The church is grateful to its fai(hful members who continued to make regular unrestricted voluntary donations throughout the time the church was unable to welcome them to worship on the premises, including those who moved to making such donations by direct transfer to the church's bank account. Nevertheless. unrestricted voluntary offerings fell by 270h as occasional conlribulions during servI￿s, including those from new members of the congregation, were inhibited. The magnitude of this reduction was unpre￿de￿ted but merely accentuated an unwelcorne trend in recent years. The church also saw reductions in its other SoUr￿S of income. Income from charitable activities fell by one-third, partly as a resu￿ of the loss of income from the manse (which had been let to tenants prior to the arrival of our minister and his family in late summer 2019), the planned move of the Homeless Hub, hosted foi Oxford Cty Council, into purpose-built premises in early summer 2020 and the closure of the regional Christian Aid office which had occupied the third floor of the premises Sin￿ 2016. The restrictions on group meetings Page 6 of 21 New Road Baptist Church, Oxford Trustees, Report for the Year Ended 31 December 2020 Financial Review {continued) at various times from March 2020- and the associated Un￿rtaIntieS that affected planning of any gathering - nevertheless had a significant impact on other causal room bookings. Similarly, prolonged periods of severely curtailed trade meant that investment income from the church's leasehold property was reduced by over 560h as the church cooperated with its tenant by accepting rent reductions as a means of protecting the long-temi viability of Ihe business. Fortunately, the long-temi lease of the churth's freehold properties to St Peter's College, agreed in 2019, provided a guaranteed increase of over 270A in this componenl of investment income, mitigating the falls in income from other sources. Other ad hoc sources of income also helped mrtigate the reductions in regular income in 2020. Grants under the Govemment's Job Retention Scheme met up to 80Yo of the cost of retaining the Church Administrator on fudough for large parts of the year., a one-off compensation payment for the lass of a right to light consequent upon the construction of a new building by St Peter's College was received during the year.. and a grant towards the cost of ministry was re￿iVed from the historic Goring Trust. The net effect was that the church's total income fell by 21°A in the year and its unrestricted income by 25%. Nevertheless. the church was able to fund all the activities that were pemissible under the various phases of pandemic reslnctions - and make all the grants planned - wrthout drawing on reserves. Total expenditure fell by 11 % due to two principal factors. Grants from the Charlton Living Legacy Fund were 42 % lower than the previous year, reflecting a lower level of applications and delayed starts for activities to be funded by the grants. Establishment costs were also 110A lower than in 2019 as savings were made on utility costs, routine repairs and maintenance and even cleaning costs (despite enhan￿d hygiene levels) as the premises were effectively closed for long penods during the year. On a more positive note, the long-planned and eagerly anticipated refurbishment of the kitchen on the church premises was substantially completed {although not commissioned) before national restrictions were ne￿SSary towards the end of March. The church looks forward to being able lo deploy the pristine. well*quipped facilty in support of its mission and charitable objectives as soon as possible in the future. The experiences of 2020 undedine once again the extent to which the church remains heavily dependent on ils members and congregation working as volunteers in all aspects of its activities, many of which run with little or no impact on the church's expenditure, but nevertheless contribute substantially to the achievement of the church's objectives. Grants to various organisations wtth aims and objecttves compatible with the Church's own charitable purpose amounted to £22,300 from Unrestricted Funds and a further £13,058 from Restricted Funds during the year. The latter largely comprised fLSrther grants from the Charlton-on-otmoor Living Legacy Fund for the innovative new mission activities associated with Baptist churches in and around Oxford descrikd above. The financial results for the year, together with a summary of the accounting policies adopted are set out in the accompanying financial statements. Page 7 of 21 New Road Baptist Church. Oxford Trustees, Report for the Year Ended 31 De￿rnber 2020 Financial Review (continued) The deacons have established an investment policy that aims to protect any surplus funds from diminution in value whilst achieving an ac￿Ptable return avoid over-re11an￿ on any one investment vehicle by dividing funds for investment over more than one investment provider share the church's financial good fortune by making a proFX)rtion of surplus funds available to other Baptist churches through the Baptist Loans Fund This policy was Gomplied with during the report year. The Deacons have established a Reserves Policy that aims to maintain liquid resetves at least equivalent to the average rental income from tts leasehold property (reduced to £14,700 in 2020, fof reasons described above,. the £33.568 for 2019 provides a more realistic benchmark for the reserves policy}. This policy was complied wtth at 31 December 2020. The Deacons have noted that this policy has enabled the church to absorb the expected continued shortfalls in income consequent upon the COVID19 pandemic whilst maintaining planned activities and donations for at least 12 months from the date of signing these report and accounts. Risk management The Deacons have assessed the major risks facing the church and PLrt plans in place to mitigate Ihem. The exercise to reassess the major risks from a fresh perspective completed in 2020 reflected the potential long-term impacts of the COVID19 pandemic in the church's risk register. The annual review in 2021 has On￿ again benefitted from the fresh insights that new Trustees bring to long-stsnding as well as emeiging issues. Future Plans We will continue to navigate COVID restrictions with great care and with high regard for the wellbeing of the church congregation. users of our premises and the wider Community. As conditions allow we look forward to combining in-person with online worship, prayer, Bible Study and other opportunities for deepening discipleship, strengthening links both within our fellowship and around the globe. In his forthcoming sabbatical our Minister Jon Keyworth, plans to explore use of online tools in ministry. We look forward to engaging furtherwith our partners in the local quartet of churches and to collaborating with others to advan￿ Christ's kingdom by promoting social justi￿. This includes developing a 'Just Oxford. project and related mission cycle that integrales worship and social Justi￿.. seeking new users of our premises consistent with our vision., and resuming our engagement with Bonn Square. We will continue in our efforts to be inclusive, including by engaging with the Creating Sanctuary resources and supporting the sharing of experience by Creating Sanctuary facilitators. Page 8 of 21 New Road Baptist Church, Oxford Trustees, Report for the Year Ended 31 December 2020 Future Plans (continued) We don't undereslimate the chalSenges ahead. induding those offalling numbers, but take great enCOurage￿ent from Christ's teaching, recalling his assurance that he will be with us a￿ayS even until the end of time. This report was approved by the Trustees on l J L•M aoii and signed on their behalf by .Church Treasurer Church Secretary Page 9 of 21 NEWROAD BAP71STCHURCH, OXFORD BALANCE SHEET AS AT 31 DECEMBER 2020 2020 2019 Tangible FIX￿ Assets 12 242.587 226.fJ45 Invesknents 13 1.130.600 1.373,187 1,130,600 1,356,645 Current Assets Debtors Bank & Cash 14 15 5.569 224.660 230,229 23,734 244,852 268.586 Current Liablllties Creditors '. arnounts fallfrng due ￿￿thin one year 16 11.4351 20,6231 N8t Current Assets 218,794 247,963 Defined Benefit Pension Scheme Ltability 21 125.3181 140.5221 NetAssets 1.566,663 1.564,086 Charitable Funds Restricted Designaterj Unrestri¢ted 17 18 78.086 239,586 1.246.434 237.288 1,263.475 1.566.663 1,564.086 The note5 on pages 13 to 20 forni an intsgral partof these accouTrts These accounts were approved by the Trus* on i J 102 i and signed on thelr behalf by hurch Treasurer Church Sec*etary Page11 of21 NEW ROAD BAPTIST CHURCH. OXFORD STATEMENT OF CASH FLOWS YEAR ENDED 31 DECEMBER 2020 Notes 2020 2019 Net cash u*d by operating actlvities 20 129,158} 129,9581 Cashflows from inv•&ing activities InKestment income Purchase of fijtniture and ffittings 44,515 135,5491 57,505 {13.5451 12 Changè in cash in the year (20,192) 14.002 Cash at the start of the year 244.852 230.850 Cash atthe end of the year 224.660 244,852 Page 12of21 NEWROAD BAPTIST CHURCH. OXFORD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2020 1. ACCOUTrmNG POLICIES a. Basis of Preparation The accounts are prepared under the historical cost convention wrth rtems recognised al cost or transaction value unless otherwise stated in the relevant notes to the accounts. The accounts are prepared in accordance with the Statement of Recommended Practi￿.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued in October 2019 and the Financial Reporb"ng Stsndard applicable in the UK and Republic of Ireland {FRS1021 and the Charities Act 2011. The Church constriutes a public benefft entity as defined by FRS102. b. Going Con¢em Assumption The Trustees consider that the church holds sufficient reseNes to enable the church to continue as a going concern for at least 12 months from the date the accounts are signed. Having reviewed the impact of the COVID19 pandemic as well as normal economic and financial risks on the church's forecasts of income and expenditure for 24 months from the Balan￿ Sheet date, the Trustees consider that a going concem basis remains an appropriate assumpbon for these accounts. Funds strueture Restricted Funds are funds which are used in accordan￿ wrth S￿IfiC restn"ctions imposed by the donor. Unrestricted Funds are funds which the Trustees are free to use for any purpose in ftjrtherance of their charitsble objects_ Unrestricted Funds included Designated Funds where the Trustees, at their discretion, have created a fund for a specffic purpose. d. Role of Volunteers The church remains heavily dependent on rts member5 and congregation working a5 volunteers in all aspects of Ils activibes. The value and cost of these wntributions are not quantffied in these accounts, but they nevertheless remain vital to the achieven￿nI of the church's objectives. Income recogniiÉon All income is rethgnised once the chanty has enb"Uement to the income. it is probable that the income will be recewed and the amount of income can be nEasured reliably. Donations Donats"ons are accounted for gross when re(*ivable and the amount is known. g. Legacies Legacies are accoursted for when their receipt is probable and ¢3n be propedy quantified. h. Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which it was incurred. Investrnent Income Investment income is incjuded in the accounts in the year in which il is receivable. Page 13of21 NEWROAD BAPTIST CHURCH. OXFORD NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2020 ACCOUNTSNG POLICIES {continuedl Expenditure fecognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure. it is probable that setuement will be required and the amount of the obligation t2n tE rneasured reliably. k. Grants The Church makes grants to Oth￿ organiSat￿nS whose charitable objects complement its work. They are accounted for in the year in which Ihey are payable. Governance costs This represents the dirert expenditure on the govemance of the church. Mosl ofthe management is carried out without charge by volunteers. This intangible cost is not included in the Statement of Financial Activities Sin￿ there is no measurable cost to the volunteers for their setvice. m. Fixed Assets The church premises and manse are included in the Balan￿ Sheet al their original cost. Furnriure, fittings and equipment in the church premises and manse are included at cost less accumulated depreciabon. . Depreciation. Depreciation has not been charged on the church premises or manse because, in the opinion of the Trustees, the residual value of the assets is not less than the original cost price. Depreciation on other fixed a55ets is calculated to wrtte off the cost on a straight line basis over their expected useful life, at the following rates: Furniture and f￿ingS Computers and equipment 100A-20% 33% o. Investment Assets The church owns the freehold for ad18￿nt shops and other adjacent commercial premises and receives a proportion of the market rent from these premises. which are included in the Balance Sheet at the present value to the church of the income stream. The church holds a long leasehold on another adIa￿nt shop, which is included in the Balance Sheet at the present value of the sul>lease. p. Debtors and Creditors Debtors and creditors receivable or payable within one year are recognised at transaction price. Any losses arising from impairment are re(x)gnised in expenditure. Page 14 of 21 NOTES TO THE ACCOUNTS (coNn14￿Tr YEAR ENDED 31 DECEAIBER 2020 2. Voluntsry In￿rne Tot 2020 Totsl 2019 Offen￿$ 18.78B 4.679 8.&11 1394 22,182 4,679 13,731 27,184 ,859 Grant¥ re¢¥*l 5.1( 32.098 8.494 40.592 34.043 £1,M7 ofoftrings in Restttt&t Ml UntEstricted. 3. IDve*nent Incr4nv Tatal 2019 2020 Bank Inte￿51 Othef inte￿1 161 427 257 418 755 698 28,484 14.71Kl 14. ,5fj8 Tdals 43.1 741 44.515 57,505 In 2019 £698 ofotlwinteiest %Yd5 Res1[￿*y * £7262 1*5y*J. cAher MY45bM￿ in ttst yearw35 UnF&Stft¢l￿. Incomo from chaTitsble a¢UYiUes Total 2019 J20 Casual tEXYn lettirijs Rent bf ¢8retake¢5 fjat *ia m SB,199 12.088 58,199 12. ,423 20.856 7,036 73.F¥J ExpendI￿re on charftable ar*¥iUes Total 2D19 202Q 58.51T 17.636 43.3TO 5,IlXI 13.0 3,(￿1 63.617 83.373 41,987 82,826 Ministry Mission E5tatrlisim 27.411 73.842 119.5Yd 27.411 21.219 168.153 188,186 2Q19, £22.787 ofexwd1t￿P ￿ mi%sk)I aid £2.W2 Ote5tsbhst*nerrt CL*ts ¥￿￿ tr(xn Resblcted fvJtd¥. £17,213 ofestatAishment $0 from tk&gnated PJnd$. otlwexrthsiwe Yfa5 frtyn 6. Totsi expPndi￿rQ Total 2019 Ministy Mi5Si Egtablislm￿i t2.512 129 15.016 63.617 30.654 73,842 63,37? 41,987 82.828 507 188.186 T¢t81s 105.136 27.659 1fj8,I52 2019. £3,2W d miti3ty e%w¥Jitu￿ ¥Kd£41.07T (rfrAsSV￿ want knAtvJ. kn *ilx)n. £12,2￿ drThnis1ry Expenditu￿, £174 of Missi￿ ￿[￿rture arvj £I5,￿S￿eSt¥lL5hMen CO￿ thbes. All 1¥dr￿1 aGtiwlies. Page15of21 NOTES TO YHEAC¢OUNTS ICOTrtrip&E GraJtspayabl• 114 i Tol 2019 B¥*is* Lkn¢Jn BMS Mission Gatehous R￿entS Park Cd Cmstian AKI St Hugh'¥ cdi*&. Mirist8na Trwrry Lwy Gtwrt p￿nl1￿ ts FrÈadom 997 IZ664 11664 21.650 Oihw Glts 144 2730 13.(158 44.2TT GOv•Man￿ Artd Support Co5 TG¢al 2019 AdTnini$tr*i* star Olhvadmln￿tT9b￿ costs 17.￿1 10.658 17,001 10.65 17,854 10.4 27.659 28.260 Tot Tot 2019 GrosstrwnÉf&rs b•t*•on 1V. lo&É*SOn r•valuatsonsand d19p￿￿1￿¢¥f A r￿lUati￿ ￿a8£hO￿l asset ILK* in 2019 in *ith furts th>ch￿C￿$ p￿310￿¢1 acEwser. S KÉmp IFRICS) in ￿20 w¥$ lÈdL￿* thJp to lh8 C(NID [B5tslEt￿￿ and is T¢*al 2ts19 39.W7 3.593 1104 6.8B7 1.270 Social secthty costs PeD5iyn Costs 4.19B TOtd$ 41.897 Thp Ghurch consths that Ils k6y c¢xnpi5¢ the Ttust*s Mi￿StÉri￿kn 450 #Tru&to8} Tr fAiniSt8rliwl in trwsino orrtftbutions) oTk* W￿￿5 EJ7.$￿ (2019.£18.5TSI. No sums to TnL%t￿5 tslrtyr￿Ak a% not cor1trAct￿ 6,04S JI dlh8ffixèJ ¥8$ds ae GIwi*Je ruwtse5. InvethentAA*ts Tfts forsy1￿ Piup35e6 10.374 ToL45 10.374 18. L￿￿onAted Funts 31.12.W20 146.181 .51 (27.4111 141542 Lagacy 319 $5.170 T(** ZJ7.288 1_1.2D19 31.IIW19 17.*31 .541 146.4Bi 39,576 Tc4* 1*.976 59,541 31 12.2tr20 ep*rs Res￿ 95.242 47,X .576 &5.170 142.542 35.576 .170 Taia5 142,IM8 rts7.28B Page 18of21 NOTES TOTHÉA¢COVNTS IcoMnNUWy 51.122QO RésknrtvJFL*ts 10.374 141 21.712 Ur￿￿7C￿ F￿d% 1>.971 (￿318> 1.263.475 24tW I.1￿.￿Al 21Q7PI 31 11￿19 Fw op5lfv￿FV￿¢ 14.285 17QC61 I￿218 1.1&&1) 1,246.434 Tclas (45 1.1&&1) 2019 asn 17.125 14165 (9.1 1.$551 12,479 Garts on #s*$ 21. I￿83P￿St rAI31 D￿1¥3￿ A knna Di4￿￿B￿BIllD￿1p￿muS 3", a55Lwph¢i)S (4IINncllll CPlpncÈirti1atthas8￿ 170 (¢piwtsO.7XF4) 195 -Posl .P￿A￿l2£ - PoslAwl 2(KJg 29) 270 2013 IMeP412019 core wgeLWLS. a ￿te￿ll 1 5% LWMr4 xitn rn(rt&ty AYOYA Page19of21 hk)TES TO THE AccouKfs ICOMnPiEDI YEAR ENDED 31 DECEMBER 2020 21 Pon￿onS Icontinuedl Re¢overy Pla In *d(knlion to the to the DC 3Et cth atthe. kne a Pkn trÈTntslee the ag￿& 10 a On the [[L8rntws￿p at 31 Lkntw2014 at¥J line *iih ittwses to MinimLsn Pensio￿e IrK¢xneas deffined In ￿￿*MentIn B8ian¢e Sheet liabiltty 28.11A dFRS 102 r4￿reS aJEvJt*it to t* as a in Il* wtr4si(*i Set int latle Accounting date treaTer￿ing1- 31 Decemb8r202 31 [*￿mber20l9 ¥rtr sh&1 Iialylily * yearst Minus dEfiuency Int￿1 ccÈi Irwmsed in SOFA) R￿arnIfig charye 10 sljeet I￿￿11ty. Irwis￿j in WA) B￿at￿e ¥W Iiatxlily at yeareThJ 43.144 {4.179} P.2041 112662} 25,318 571 40,522 rri8 IigtslEiy rewewls th8 oflt* d*it awe&l * # (We 1*5 iw u5itvJ the Sylwry assvmpliorts set by refer￿￿8 10 ￿M￿*s." Accounbng date 31 twmbEr> 31 2019 31 Dècember2018 24% FutLlO lrtrease5 to AliniM￿n Pen5it4e ￿￿e 0% Cesation EYeTht rAx￿￿qUerf ltre de&￿tU￿ Oft￿ ￿￿lS￿rI(￿ tr£ clyJch ￿ 31 2(KE ChL￿h a ces5*ts1 Wi L¥¥kn￿lIon 75 rrfthe Pensi￿¥ Act 1995. Ihis tr£c1￿h l*sessal by to the c051 ( s*uriro beneffts by tr* wrchaseofrniiEsI 10 ts mwist95Trth)vxe Ir￿ni*s dthe SCI￿ (h) 2 D￿e[nL￿ 2019 the church. the Tw5tees v11￿ Baptist Lhity7 ofGreat Btitan. TnLSt Ltd c(xDt48ted a C*ssatKJn tkb15 AETan9emenl urthr**ich a ofthe Wst ￿[￿ 10 ￿111 10 bea full antt setiirt (lt￿ CessatlL￿ cn 31 Awt Xth. 22. Roiaied Charitses The ¢uStcrtlian TrLosl* clthe chwch is Wi5t Co7K¥*i￿ brnibj. vAxh is 24W5. is Cont￿1￿ by the Baptist Uruon thwl. Tr* Ch￿Ch ￿ *0 a rneM￿ ofts Wisl Of¢￿ Britan atvj oftre Sob1hem Coufitw Bwb"sl Ass(Ki*Kn ¢huKh madè 8 dr￿tIr￿ to B¥Atst ihIL￿ F&y)* as sd in tsxe7. Page 20 of 21 New Road Baptist Church, Oxford Independent Examinefs Report to Ihe Tntstees of New Road Baptist ChU￿h, Oxford I report to the charity tfustees on my examIna￿n of the accounts of the charity for the year ended 31 December 2020 which are Set out on pages 10 to 20. Responsibilities and basis of report As the challty's trustees you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 I'lhe Acr). I report in respect of my examination of the chatity's accounts carried out under secb.on 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under sec*ion 145151{b) of the Act Independent examinerfs statement I have completed my examination. I confimi 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 compty with the applicable requirements conceming the fomi and content of accounts sel out in the Charibes IAccounts and ReFX)rtsl Regulations 2008 other than any requirement that the accounts gNe a ,￿ue and fair viev/' which is not a matter considered as part of an independent examination. I have no concems and have come across no other rnatters 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. G L Cole FCA Partner Wenn Townsend Chartered Accountants 30 St Giles Oxford OX1 3LE - 2021 Page 21 of 21