2021-12-31-accounts

			**2021 **				2020
	**Notes **	**Unrestricted **	Designated	**Res1ricted **	**Total **	Unrestricted	Designated	Restricted	Total
		£	£	£	£	£	£	£	£
**Income **
VoluntaryIncome	2	26,607	350	12,048	39,005	32,098	0	8,494	40,592
lnvestrnentIncome	3	48,131	412	284	48,827	43,186	588	741	44,515
IncomefromCharitableActivities	4	84,682	0	0	84,682	73,623	0	0	73,623
TotalIncome		159,420	762	12,332	172,514	148,907	588	9,235	158,730
**Expenditure **
CharitableActivities	5	106,090	13,923	30,524	150,537	119,523	27,411	21,219	168,153
Total Expenditure	6	106,090	13,923	30,524	150,537	119,523	27,411	21,219	168,153
**Net lncome/(Expenditure) **
**before Transfers **		53,330	(13,161)	(18,192)	21,977	29,384	(26,823)	(11,984)	(9,423)
GrossTransfersbetweenFunds	9	(52,707)	52,821	(114)	(0)	(24,343)	24,545	(202)	0
**Net lncome/(Expenditure) after **
**Transfers between Funds **		623	39,660	(18,306)	21,977	5,041	(2,278)	(12,186)	(9,423)
ActuarialGain/(Loss)on Defined	21	571	0	0	571	12,000	0	0	12,000
BenefitPensionSchemeLiability
**Net Movement in Funds **		1,194	39,660	(18,306)	22,548	17,041	(2,278)	(12,186)	2,577
**Total Funds brought forward **		1,263,475	237,288	65,900	1,566,663	1,246,434	239,566	78,086	1,564,086
**Total Funds carried forward **		1,264,669	276,948	47,594	1,589,211	1,263,475	237,288	65,900	1,566,663

		**Notes **	**2021 **			2020
			£	£	£	£
**Tangible Fixed **	**Assets **	12		221,722		242,587
**Investments **		13		1,130,600		1,130,600
				1,352,322		1,373,187
**Current Assets **
Debtors		14	8,449		5,569
Bank&Cash		15	256,872		224,660
			265,321		230,229
**Current Liabilities **
Creditors:	amountsfalling duewithin
	oneyear	16	(8,032)		(11,435)
**Net Current Assets **				257,289		218,794
**Defined Benefit Pension Scheme Liability **				(20,400)		(25,318)
**Net Assets **				1,589,211		1,566,663
**Charitable Funds **
Restricted		17		47,594		65,900
Designated		18		276,948		237,288
Unrestricted				1,264,669		1,263,475
						--
				1,589,211		1,566,663

	**Notes **	**2021 **	2020
		£	£
**Net cash usedby operating activities **	20	(15,615)	(29,158)
**Cashflows from investing activities **
lm.estmentincome	3	48,827	44,515
Purchase of furnitureand fittings	12	(1,000)	(35,549)
**Change in cash in the year **		32,212	(20,192)
Cashat thestartoftheyear		224,660	244,852
**Cash atthe end of the year **		256,872	224,660

	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
Offerings	19,617	0	2,990	22,607	22,182
Taxrecoloelies	5,007	0	87	5,094	4,679
Grantsreceived	1,983	0	8,971	10,954	13,731
Legacies recen.ed	0	350	0	350	0
Totals	26,607	350	12,048	39,005	40,592

	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
Bankinterest	209	159	0	368	418
Otherinterest	22	253	284	559	911
Rentrecesed-freehold properties	30,450	0	0	30,450	28,486
Rentrecesed-leasehold properties	17,450	0	0	17,450	14,700
Totals	48,131	412	284	48,827	44,515

	Unrestricted	Designated	Restricted		Total	Total
					2021	2020
	£	£	£		£	£
Casualroomlettings	73,669	0		0	73,669	58,199
Rentforcaretaker'sflatand manse	9,770	0		0	9,770	12,088
Otherincome	1,243	0		0	1,243	3,336
Totals	84,682	0		0	84,682	73,623

	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
Ministry	52,392	0	7,970	60,362	63,617
Mission	18,052	0	19,465	37,517	30,694
Establishment	35,646	13,923	3,089	52,658	73,842
Totals	106,090	13,923	30,524	150,537	168,153

	Charitable	Grant	Support	Total	Total
	activities	funding	costs	2021	2020
	£	£	£	£	£
Ministry	51,803	1,000	7,559	60,362	63,617
Mission	1,068	36,305	144	37,517	30,694
Establishment	46,410	0	6,248	52,658	73,842
Totals	99,281	37,305	13,951	150,537	168,153

	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
BaptistUnionHomeMission	6,150	0	0	6,150	6,000
BMSWo~d**Mission **	6,150	0	0	6,150	6,025
Gatehouse	1,000	0	0	1,000	1,000
RegentsParkCollege	1,000	0	0	1,000	1,000
OlristianAid	500	0	431	931	725
CommunityEmergencyFoodbank	0	0	1,950	1,950	4,300
aia~tonLiving LegacyGrants	0	0	17,000	17,000	12,664
PaintingforFreedom	0	0	0	0	500
MintHouseRestorati1ePracticeCentre	3,000	0	0	3,000	3,000
otherGifts	40	0	**84 **	124	144
Totals	17,840	0	19,465	37,305	35,358

	Unrestricted	Designated	Restricted	Total	Total
				2021	2020
	£	£	£	£	£
Administrati1estaff	8,125	0	0	8,125	17,001
otheradministrati1ecosts	5,826	0	0	5,826	10,658
Totals	13,951	0	0	13,951	27,659
Allgo1emanceandsupportcostsin 2020weresupported byUnrestrictedfunds.

	Includedwithinotheradministrati1ecostsarego1emancecostsasfollows:
		Total	Total
		2021	2020
		£	£
	IndependentExamination	2,100	1,836
**9. **	Gross Ira**nsfers between funds **

		Oiurch	Manse	Furniture&	Computers&	Totals
		Premises		Fittings	Equipment
		£	£	£	£	£
	**Cost **
	1January2021	100,000	3,000	263,172	9,079	375,251
	Additions	0	0	1,000	0	1,000
	Disposals	0	0			0
	31December2021	100,000	3,000	264,172	9,079	376,251
	**Depreciation **
	1January2021	0	0	123,858	8,806	132,664
	Disposals	0	0	0	0	0
	Oiargefortheyear	0	0	21,592	273	21,865
	31December2021	0	0	145,450	9,079	154,529
	**Net Book Value **
	31December2021	100,000	3,000	118,722	(0)	221,722
	31December2020	100,000	3,000	139,314	273	242,587
	Allofthefixed assetsareusedfordirectcharitable purposes.
**13. **	**lnvesbnent Assets **
		Adjacent	Adjacent		Total	Total
		Premises	Shop		2021	2020
		£	£		£	£
	1January2021	528,300	602,300		1,130,600	1,130,600
	31December2021	528,300	602,300		1,130,600	1,130,600
	Thebasisofthecarryingvalue ofim.estmentassetsisdescribedinNote10abow.
**14. **	**Debtors **
					2021	2020
					£	£
	Accruedincome				8,449	5,438
	Prepaymentsandotherdebtors				0	131
					8,449	5,569
**15. **	Bank and cash balances
					2021	2020
					£	£
	PettyCashImprest				307	85
	Cooperati\eBankCurrent&DepositAccounts				73,415	63,814
	BarclaysBankCurrentAccount				4,110	2,263
	CAFBankDepositAccounts				39,753	20,257
	BaptistUnionCorporationDepositAccounts				139,287	138,241
					256,872	224,660
**16. **	**Creditors: amounts falling due within one year **
					2021	2020
					£	£
	othercreditors				10	78
	Accruals				8,022	11,357
					8,032	11,435
						Page18of22

**Reslricled Funds **
	1.1.2021	**Income **	Expenditure	Transfers	31.12.2021
	£	£	£	£	£
RachelHarrisonlegacy	11,256	114	0	(114)	11,256
BuildingFund	14,402	0	(3,089)	0	11,313
Charlton Li\ingLegacyFund	40,242	170	(17,000)	0	23,412
GoringTrustGrant	0	8,970	(7,970)	0	1,000
otherGiftsforSpecialPurposes	0	3,078	(2,465)	0	613
Totals	65,900	12,332	(30,524)	(114)	47,594
	1.1.2020	**Income **	Expenditure	Transfers	31.12.2020
	£	£	£	£	£
RachelHarrisonlegacy	11,256	202	0	(202)	11,256
BuildingFund	14,463	3,000	(3,061)	0	14,402
Charlton Li\ingLegacyFund	52,367	539	(12,664)	0	40,242
GoringTrustGrant	0	5,100	(5,100)	0	0
otherGiftsforSpecialPurposes	0	394	(394)	0	0
Totals	78,086	9,235	(21,219)	(202)	65,900

	Fixed	lmestrnents	lmestrnents	**Pension **		NetCurrent	Total
	Assets			Liability		Assets	31.12.2021
	£	£		£		£	£
RachelHarrisonlegacy	0		0		0	11,256	11,256
BuildingFund	8,285		0		0	3,028	11,313
Charlton Li\ingLegacyFund	0		0		0	23,412	23,412
GoringTrustPrincipal	0		0		0	1,000	1,000
otherGiftsforSpecialPurposes	0		0		0	613	613
Totals	8,285		0		0	39,309	47,594

**Designated Funds **
	1.1.2021	**Income **	Expenditure	Transfers	31.12.2021
	£	£	£	£	£
RepairsResen.e	142,542	160	(13,923)	52,821	181,600
Contingency	39,576	0	0	0	39,576
Legacy	55,170	602	0	0	55,772
Totals	237,288	762	(13,923)	52,821	276,948
	1.1.2020	**Income **	Expenditure	Transfers	31.12.2020
	£	£	£	£	£
RepairsResen.e	146,481	269	(27,411)	23,203	142,542
Contingency	39,576	0	0	0	39,576
Legacy	53,509	319	0	1,342	55,170
Totals	239,566	588	(27,411)	24,545	237,288

	Fixed	lmestrnents	lmestrnents	**Pension **		NetCurrent	Total
	Assets			Liability		Assets	31.12.2021
	£	£		£		£	£
RepairsResen.e	81,319		0		0	100,281	181,600
Contingency	0		0		0	39,576	39,576
Legacy	0		0		0	55,772	55,772
Totals	81,319		0		0	195,629	276,948

**19. Analysis of Net Assets **	Fixed	Investments	**Pension **	NetCurrent	Total
	Assets		Liabiliy	Assets	31.12.2021
	£	£	£	£	£
RestrictedFunds	8,285	0	0	39,309	47,594
DesignatedFunds	81,319	0	0	195,629	276,948
UnrestrictedFunds	132,118	1,130,600	(20,400)	22,351	1,264,669
Totals	221,722	1,130,600	(20,400)	257,289	1,589,211
	Fixed	Investments	**Pension **	NetCurrent	Total
	Assets		Liabiliy	Assets	31.12.2020
	£	£	£	£	£
RestrictedFunds	10,374	0	0	55,526	65,900
DesignatedFunds	95,242	0	0	142,046	237,288
UnrestrictedFunds	136,971	1,130,600	(25,318)	21,222	1,263,475
Totals	242,587	1,130,600	(25,318)	218,794	1,566,663
20. Reconciliation of Net Movement in Funds to Net Gashflow from OperatingActivities
				2021	2020
				£	£
Net""""'m,mtinfunds				22,548	2,577
plus:Depreciation				21,865	19,007
less:lmestmentIncome				(48,827)	(44,515)
(lncreaseYdecreasein debtors				(2,880)	18,165
(Decrease)/increaseincreditors				(3,403)	(9,188)
ReductioninPensionLiability				(4,918)	(15,204)
Netcashconsumedbyoperatingactivities				(15,615)	(29,158)
21.**Pensions **

Thekeyassumptionsunderlyingthevaluationwere asfollows:
**Type offinancial assumption **	**%pa **
RPIpriceinflationassumption	3.20
CPIpriceinflationassumption	2.70
MinimumPensionableIncomeincreases(CPIplus0.75%pa)	3.20
Assumedinvestmentreturns
- Pre-retirement	2.95
- Postretirement	1.70
**Deferred pension increases **
- PreApril2009	3.20
- PostApril2009	2.50
**Pension increases **
**-Main Scheme pension **	2.70

**Accounting date (year ending 31 December): **	**2021 **	2020
Balancesheetliabilityatyearstart	25,318	40,522
Minusdeficiencycontributionspaid	(4,347)	(3,204)
Interestcost(recognised inSoFA)	93	662
Remainingchangetobalancesheetliability*(recognised inSoFA)	(664)	(12,662)
Balancesheetliabilityatyearend	20,400	25,318

TheChurchhasbeenadvisedthatthecostforthechurchtobuyouttheirPension	TheChurchhasbeenadvisedthatthecostforthechurchtobuyouttheirPension	Schemeliabilitiesat31December2021wasapproximately£47,800.	Schemeliabilitiesat31December2021wasapproximately£47,800.
**Accounting date **	**31 December 2021 **	31 December 2020	**31 December 2019 **
Discountrate	2.0%	0.4%	1.7%
FutureincreasestoMinimumPensionableIncome	4.1%	3.0%	3.2%