MANVERS STREET BAPTIST CHURCH, BATH
Trustee Report for the Financial Year ending 31** March 2023
1. Constitution
Manvers Street Baptist Church (MSBC) approved a Revised Constitution at a Special Church Members Meeting on 9 November 2008 and was adopted as a registered Charity on 2 February 2009 (Charity No.1127828).
2. Organisation
MSBC moved to its current site 1872 but its origins date from 1752 with a Baptist community worshipping in the city centre. MSBC is understood to mean the members of the charitable unincorporated association governed by its current constitution and Trust Deed. The members appoint a Board of Trustees (also known as Deacons) who are responsible for the governance of the church as discerned by the Members Meeting. The Church is affiliated to the Baptist Union of Great Britain and the West of England Baptist Association, who administer the Trust Deed. For financial purposes and Trustee ‘service’ the Church's annual year starts from 1 April. As at 1 April 2023 the church had 84 members.
3. Objectives of the Charity
The principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination, with special emphasis to the city centre environment. The church may also advance Christian Teaching and carry out other charitable purposes at home and abroad.
4. Serving Trustees
Serving Trustees (effective from Apri! 2022)
Rev'd Andy Percey - Chair (Minister/Pastor)
Alison Bull - Treasurer
| Elaine Bull | Christopher Buddell | Isabel Buddell |
|---|---|---|
| DeborahCurtis | ShelleyMartin | PatricaNorth |
Tom Winsborough
5, Appointment of Trustees
Trustees (excepting Minister, Secretary and Treasurer) are appointed for a term of office lasting three years with the opportunity to serve one further three year term of office if elected. After two terms of office the trustee must take a sabbatical of at least one year. The Minister serves for his/her tenure of office and the Secretary and Treasurer are appointed annually.
MSBC Annual Report 22-23.docx
6. Staffing
The church
supports an accredited Minister of Religion on a full-time basis.
The church also employees a Centre Manager who Is also full-time.
The Centre Manager has line management responsibility for an Office Administrator (part time), a Caretaker (part time) who lives on the premises and for a number of volunteer staff who work in the Café. The Office Administrator’s tasks include room lettings and office support duties.
7. Achievements and Performance
There have been six Church Members Meetings in the year and ten Trustees (Deacons) Meetings. The Café at the Centre Resource Group met once during the reporting period.
Reverend Andy Percey completed his eighth year as our minister. Andy's leading of worship is both thoughtful and inspiring and his pastoral gifts are much appreciated in the wider fellowship. During this last year Andy had some time off recovering from brain surgery. We thank God that he has fully recovered - though his condition continues to monitored. Post-Covid the footfall in the Café at the Centre is gradually increasing to pre-pandemic levels. The café’s primary role is providing a sanctuary in a busy city centre and is an important aspect of the church’s outreach.
The café also provides an ideal base for outreach. Examples of weekly gatherings involving the church and wider community are:
Crafty Monday, on a Monday afternoon, is time when “people meet people” in a relaxed atmosphere and explore creativity in a variety of ways.
Baby and Toddlers group meet on Tuesday.
Open Space Post Natal Group
Friday and Saturday nights as a base for Street Pastors
Christians Against Poverty (CAP) operate a debt counselling service from our premises. As a result of local funding challenges the decision was made to cease the activity from April 2023, CAP will no longer be operating from our premises. Arrangements are in hand for another charitable organisation (Life In Abundance) to make use of that room.
Other charitable organisations operating from our premises include:
Julian House Night Shelter and homeless services
Off The Record counselling service for young people - including an ‘OK Café’ on a Friday evening
CRUSE counselling
MSBC Annual Report 22-23.docx
Food Bank
Examples of other non-church not-for-profit activities based in or using our premises (in normal times) are:
Alcoholics Anonymous, Gamblers Anonymous and Narcotics Anonymous
University of the Third Age (U3A)
Workers Education Association
Bath Welcomes Refugees
English Language classes and Homework Club for Teenagers
Bath MIND
Various choirs and study groups
In this last year we have been pleased to welcome the Society of Friends (Quakers) to our premises. They meet weekly on Sunday mornings at the same time we meet in the sanctuary. The minister visits two local care homes on a monthly basis to lead services for residents. He also is part of the group that organises the Pray for Bath events that happens twice yearly. Our Centre Manager runs the Café at the Centre and, with members of the fellowship, is engaged in work with Babies & Toddlers and ’Open the Book’ at a local primary school. He is also involved with the Bath Gateway Out and About Club for vulnerable adults.
We continue to give financial support to the Baptist Union Home Mission Fund (£3,000) and Baptist Missionary Society (£3,000). We also gave to the Ukraine Disaster appeal (£555); to Banes Young Carers (£197); to Pakistan Disasters appeal (£548) and to Children in Distress (£197).
The church remains in a healthy place in its mission and its worship. There are always challenges with an ageing congregation, especially pastorally, but we have a dedicated and skilled team who support the minister in this ministry. People are growing in their faith. The church is good news at the heart of the city centre, being good news to the poor, the lonely, the outsider, the refugee and many others across a wide section of society.
We are pleased that our relationships with other churches in the city, as well as other community groups continues to be strong.
Whilst the challenges for next year remain clear, and the future remains uncertain, we can be confident that we can meet these challenges with courage and peace, knowing that we are a strong community, with trust in a faithful God.
8. Financial Review
The approved income and expenditure for the Church and Café Accounts during the reporting period year is appended to this report.
MSBC Annual Report 22-23.docx
9. Reserves Policy
The Church policy is to maintain sufficient financial reserves to cover at least six months estimated expenditure.
10. Future Plans
The Charity will:
Seek to maintain a Christian witness in our city centre: offering a safe place for all to meet.
Develop mutual support groups for all members of our fellowship.
Continue the search for an appropriate way in which to administer the charities’ activities.
Undertake substantial maintenance work on the premises.
MSBC Annual Report 22-23.docx
Z CHARITY COMMISSION | Independent examiner's report on the ah) FOR ENGLAND AND WALES accounts
Section A
Independent Examiner’s Report
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Report to the trustees/
members of Manvers Street Baptist Church
On accounts for theended year | 31 March 2023 - Charity no | 1127828
(if any)
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| report to the trustees on my examination of the accounts of the above charity (“the Trust’) for the year ended 31/03/2023.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).
| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: | 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.
Signed:Name: ||PQKaty Goodinga0cLue: Date: | SB |i! [2073| Relevant professional | FCA qualification(s) or body (if any): Address: | Gooding Accounts 24 Warminster Road Westbury, Wiltshire, BA13 3PE .
IER
1
Oct 2018
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
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Give here brief details of
any items that the
examiner wishes to
disclose.
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IER
2
Oct 2018
Manvers Street Baptist Church
Manvers Street Baptist Church
Statement of Financial Activities
Year Ended 31 March 2023
| Notes | Unrestricted | Restricted | Designated | Total | Total | |
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| £ | & | £ | £ | £ | ||
| Receipts | ||||||
| VoluntaryReceipts | 2 | 70,821 | - | - | 70,821 | 61,624 |
| InvestmentIncome | 3 | 2,764 | - | - | 2,764 | 2,268 |
| CharitableActivities | 4 | 1,496 | - | - | 1,496 | 1,517 |
| OtherReceipts | 5 | 130,912 | - | - | 130,912 | 121,480 |
| ee | ||||||
| TotalReceipts | 205,993 - - 205,993 186,889 —$— IIS 186,889 |
|||||
| Payments | ||||||
| Charitable Activities | 647 | 189,643 | - | - | 189,643 | 183,487 |
| eee | ||||||
| TotalPayments | 189,643 - - 189,643 183,487 FOF 04S BS ABT |
|||||
| Net ofreceipts/payments | 16,350 | - | - | 16,350 | 3,402 | |
| GainsandLosseson | 11 | - | - | - | - | - |
| revaluation of fixed assets | ||||||
| Trf of fundsfromunrestricted to restricted | - | - | - | * | “ | |
| anddesignated | ||||||
| Cash Funds this Year End | 16,350 | > | = | 16,350 | 3AZ | |
| Total Cash Funds broughtforward | 96,500 2,708,019 27,600 2,832,119 2,828,717 <a EF ESLG FTS |
|||||
| Total Cash Funds carried forward | 112,850 2,708,019 SSS |
27,600 | 2,848,469 | 2,832,119 SES |
6
Manvers Street Baptist Church
Manvers Street Baptist Church Statement of Assets & Liabilities Year Ended 31 March 2023
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Notes 2023 2022
i ot £ 54
Assets retained for the Charity's own Use 10 2,806,073 2,804,396
Cash Funds
Debtors 12 9,336 7,629
Cash Funds 13 79,938 71,880
Liabilities 89,274 79,509
Creditors: Amounts 14 19,278 24,186
falling due within one year
69,996 55,323
Assets Retained less Liabilities 2,876,069 2,859,719
Creditors: Amounts
falling due after more 27,600 27,600
than one year
Net Assets 2,848,469 2,832,119
SS a,
Charitable Funds
Restricted 15 2,708,019 2,708,019
Designated 16 27,600 27,600
Unrestricted 17 112,850 96,500
2,848,469 2,832,119
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Note The MSBC have two Amounts held with WEBA Trust fund £10k & £70K The notes on pages 9 to 14 form an integral part of these accounts
These accounts were approved by the Trustees and signed on their behalf by:A.E.Bull . Hon. Treasurer PR i ARAK date 2ST Naovremler 2028
7
Manvers Street Baptist Church
Manvers Street Baptist Church
Comparative Statement of Financial Activities Year Ended 31 March 2022
| Notes | Unrestricted | Restricted | Designated | Total | |
|---|---|---|---|---|---|
| 2022 | |||||
| Receipts | £ | £ | £ | 2 oy | |
| VoluntaryReceipts | 61,624 | - | - | 61,624 | |
| InvestmentIncome | 2,268 | - | - | 2,268 | |
| Charitable Activities | 952 | 565 | - | 1,517 | |
| Other Receipts | 121,480 | - | - | 121,480 | |
| ea | |||||
| Total Receipts | 186,324 565 - 186,889 ss ee ee Te |
||||
| Payments | |||||
| Charitable Activities | 182,922 | 565 | - | 183,487 | |
| — | |||||
| TotalPayments | 182,922 565 - 183,487 i SOSH |
||||
| Net of receipts/payments | 3,402 | - | - | 3,402 | |
| Gainsand Losses on | - | - | - | - | |
| revaluation of fixed assets | |||||
| Trf offundsfromunrestricted to restricted and designated |
1,306 | (1,906) | 600 | - | |
| Cash Funds this Year End | 4708 | (1506) | 600 | 3402 | |
| Total Cash Funds brought forward | 91,792 2,709,925 27,000 2,828,717 SEEN EEO EL |
||||
| Total Cash Funds carried forward | 96,500 2,708,019 —————$—$——————_—— |
27,600 | 2,832,119 |
8
Manvers Street Baptist Church
Manvers Street Baptist Church
NOTES TO THE ACCOUNTS
31st March 2023
The Churches Charity number is 1127828 This was due to the change on legislation for Church with income over £100,000
1. Accounting Policies
a. Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from 1 January 2016). The charity has taken advantage of the provision in the SORP for charities applying FRS 102 updated bulletin t not to prepare a Statement of Cash Flows. These accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these accounts are rounded to the nearest £. b = Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
¢ Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees annual report, d Resources Expended Resources are expended are included in the Statement of Financial Activities on Receipts and Payments basis, inclusive of any VAT that can not be recovered
e Fixed Assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses,
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives.
Furniture & Fittings are included at their written down values.
Windows for the Manse purchased 2018-2019 £16,980
f Raised for Other Causes Giving raised for other causes during year and paid out within the same period
g _ Reserve Policy The Church shall maintain sufficient financial reserves to cover at least an estimated six months expenditure.
9
Manvers Street Baptist Church
h = Going concern At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing these accounts.
| 2 Voluntary Income |
|
|---|---|
| Unrestricted Restricted Designated 2023 2022 |
|
| Offerings TaxRefunds Legacies |
51,739 51,739 51,409 10,082 10,082 10,190 9,000 9,000 25 A |
| 70,821 - cd 70,821 61,624 —_et GG |
|
| 3 Investment Receipts |
|
| Unrestricted Restricted Designated 2023 2022 |
|
| BankInterest Other Investments |
2,764 2,764 2,268 - = $$ eeeeeeeeSSSSFSseseeeeeet |
| 2,764 - - 2,764 2,268 —$as OT |
|
| 4 Receipts from Charitable Activities |
2023 2022 |
| Outreach FundRaising | - - |
| OpenSpace raisedforotherCauses |
- 565 1496 1,496 952 |
| Eee | |
| 1,496 - - 1496 1,517 eee |
|
| 5 Other Receipts |
|
| Unrestricted Restricted Designated 2023 2022 |
|
| CarPark RoomLettings/OTR Café@theCentre SundryIncome |
8,572 8,572 4,972 74,096 74,096 79,895 46,450 46,450 24,302 1,794 1,794 12,311 eee ST |
| 130,912 = - 130,912 121,480 $$ eee tTAO |
|
| 6 Costs of Generating Activities Voluntary |
Receipts |
| Unrestricted Restricted Designated 2023 2022 |
|
| Café@the Centre Administration Maintenance Ministry Mission(Grants Payable} Raised forotherCauses OpenSpace(Grants payable) |
49,214 49,214 41,768 20,875 20,875 19,022 49,101 49,101 54,096 62,296 62,296 60,604 6,000 6,000 4,800 1,497 1,497 1,972 - 565 ee |
| 188,983 = = 188,983 182,827 ———$—$——— IS BBAT |
10
Manvers Street Baptist Church
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7 Governance Costs (Costs of managing the charity)
Unrestricted Restricted Designated 2023 2022
Independent Examination 660 660 660
Legal Costs = =
Other SEEeeNTE
es660 - - 660 ee 6601
8 Grants Payable (See note 6)
Unrestricted Restricted Designated 2023 2022
BUGB Home Mission 3,000 3,000 2,400
BMS World Mission 3,000 3,000 2,400
Other Charitable Giving - - 7
Raised for other causes 1,496 1,496 1,972
Outreach Fund Raising = -
a
a7496 - - 7,496I IE6,772
Grants made to individuals made to individuals to individuals individuals [id
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Grants made to individuals made to individuals to individuals individuals
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Grants made to institutions
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if the charity has made grants to particular institutions that are material in the context of its grant making please give details of the
institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to
provide a reasonable understanding of the range of institutions supported.
BMS World Mission Christian world Mission OUT
DEC Christian Mission at Home L800|
Disasters Emergency Committee Ukraine Appeal [sé BJ
Banes Young Carers Help for young people
DEC Disasters Emergency Committee Pakistan Appeal ee)
Children In Distress Help of Children with disabilities, HIV & 197
Aids
9 Staff Costs Total grants to institutions 7,497
2023 2022
Gross Salaries 82,266 78,547
Social Security Costs 2437 1,919
Pension Costs (See note 18) 8,708 11,260
Other Costs
93,411 91,726
The average number of employees during the year was:-
5 2
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No employee received emoluments in excess of £60,000 during the year (2023 none)
No sums were reimbursed to the Trustees for their work as Trustees (2023 none)
11
Manvers Street Baptist Church
| 10 Assets retained for the Charity's own Use | |||||
|---|---|---|---|---|---|
| Cost | Church Property |
Furniture& Fittings |
Computer Equipment |
Total | |
| 1stApril'2022 Additions Revaluations Disposals |
2,706,980 | 437,132 1,701 |
8,101 | 3,152,213 1,701 - - |
|
| eee | |||||
| 31stMarch’ 2023 | 2,706,980 438,833 8,101 3,153,914 —— 9,715 |
||||
| Depreciation | |||||
| 1st April’ 2022 Chargefortheyear On Disposals |
340,222 24 |
7,595 | 347 817 24 - ——— |
||
| 3istMarch’ 2023 | _—— | = | 340,246 | 7,595 | 347,841 |
| Net Book Value | |||||
| istApril’ 2022 | 2.706.980 — |
96,910 506 OS — |
2,804,396 SSeS BEG 396 |
||
| 3istMarch’ 2023 | 2,706,980 98,587 506 2,806,073 806,073 |
||||
| Allthefixed assetsare used for charitable purposes | |||||
| 11 Gains and Losses on Revaluation of Fixed Assets |
|||||
| At 31stMarch 2023thefollowingproperties were held as long term investments:- | |||||
| 2023 | 2022 | ||||
| ChurchPremises 25,CastleGardens, Bath |
2,280,000 426,980 |
2,280,000 426,980 |
|||
| Total | 2,706,980 | 2,706,980 | |||
| 12 ~~ Debtors | |||||
| 2023 | 2022 | ||||
| Prepayments Café Floats |
8,011 1,325 |
6,348 1,281 |
|||
| 9,336 | 7,629 | ||||
| 13 Banks and Cash |
|||||
| 2023 | 2022 | ||||
| LloydsBankple Baptist UnionCorporation WEBA TrustAccount PettyCash |
49,054 10,785 19,891 208 |
43,601 10,534 17,507 238 |
|||
| 79,938 | 71,880 |
12
Manvers Street Baptist Church
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|||||||
|---|---|---|---|---|---|
|14|Creditors:|Amounts|
|falling|due|within|one|year|
|2023|2022|
|Trust Funds|1,039|1,039|
|Deferred Income|10,837|9,220|
|Accruals|1,333|11,213|
|Other Creditors|6,069|2,714|
|19,278|24,186|
|15|~—-|Restricted|Funds|
|ist|April|Incoming|Resources|Transfers|31st March|
|2022|Resources|Expended|2023|
|Open Space (Greens Teams)|1,039|1,039|
|Church and gardens|2,706,980|2,706,980|
|2,708,019|-|-|-|2,708,019|
|tst|April|Incoming|Resources|— Transfers|31st March|
|2021|Resources|Expended|2022|
|Open Space (Greens Teams)|2,945|565|565|1,906|1,039|
|Church and gardens|2,706,980|-|2,706,980|
|2,709,925||565|565|1,906|2,708,019|
|16|Designated|Funds|
|ist April|Incoming|Resources|— Transfers|3ist March|
|2022|Resources|Expended|2023|
|Repairs Fund|27,600|-|27,600|
|General|Maint.|z|
|-|:|
|27,600|-|-|-|27,600|
|ist April|Incoming|Resources| Transfers|31st|March|
|2021|Resources|Expended|2022|
|GeneralRepairs FundMaint.|27,000=|600|27,600|
|=|-|
|27,000|-|-|600|27,600|
|The repairs fund represents sums set aside for the|long term|maintenance|of the church|buildings|
|17|—s Analysis|of|Net|Assets|
|Fixed|Investments|Current|Totai|
|Assets|Assets|
|Restricted Funds|2,706,980|1,039|2,708,019|
|Designated Funds|27,600|27,600|
|Unrestricted|Funds|2851099,093|13,757|112,850|
|————_—2,806,073sg YTS|42,396|B492,848,469|
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13
Manvers Street Baptist Church
18 = Pensions
The total pension cost for the Church for the year was £8,708(2022 £11,260)
19 ~——- Related Charities
The custodian Trustee of the church is the West of England Baptist Association which is charity number 1092443,and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Great Britain,
The church made a donation to the Baptist Union Home Mission Scheme as set out in note 8
14
Z CHARITY COMMISSION | Independent examiner's report on the ah) FOR ENGLAND AND WALES accounts
Section A
Independent Examiner’s Report
----- Start of picture text -----
Report to the trustees/
members of Manvers Street Baptist Church
On accounts for theended year | 31 March 2023 - Charity no | 1127828
(if any)
----- End of picture text -----
| report to the trustees on my examination of the accounts of the above charity (“the Trust’) for the year ended 31/03/2023.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act’).
| 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, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent | have completed my examination. | confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect: | 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.
Signed:Name: ||PQKaty Goodinga0cLue: Date: | SB |i! [2073| Relevant professional | FCA qualification(s) or body (if any): Address: | Gooding Accounts 24 Warminster Road Westbury, Wiltshire, BA13 3PE .
IER
1
Oct 2018
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
----- Start of picture text -----
Give here brief details of
any items that the
examiner wishes to
disclose.
----- End of picture text -----
IER
2
Oct 2018
Manvers Street Baptist Church
Manvers Street Baptist Church
Statement of Financial Activities
Year Ended 31 March 2023
| Notes | Unrestricted | Restricted | Designated | Total | Total | |
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| £ | & | £ | £ | £ | ||
| Receipts | ||||||
| VoluntaryReceipts | 2 | 70,821 | - | - | 70,821 | 61,624 |
| InvestmentIncome | 3 | 2,764 | - | - | 2,764 | 2,268 |
| CharitableActivities | 4 | 1,496 | - | - | 1,496 | 1,517 |
| OtherReceipts | 5 | 130,912 | - | - | 130,912 | 121,480 |
| ee | ||||||
| TotalReceipts | 205,993 - - 205,993 186,889 —$— IIS 186,889 |
|||||
| Payments | ||||||
| Charitable Activities | 647 | 189,643 | - | - | 189,643 | 183,487 |
| eee | ||||||
| TotalPayments | 189,643 - - 189,643 183,487 FOF 04S BS ABT |
|||||
| Net ofreceipts/payments | 16,350 | - | - | 16,350 | 3,402 | |
| GainsandLosseson | 11 | - | - | - | - | - |
| revaluation of fixed assets | ||||||
| Trf of fundsfromunrestricted to restricted | - | - | - | * | “ | |
| anddesignated | ||||||
| Cash Funds this Year End | 16,350 | > | = | 16,350 | 3AZ | |
| Total Cash Funds broughtforward | 96,500 2,708,019 27,600 2,832,119 2,828,717 <a EF ESLG FTS |
|||||
| Total Cash Funds carried forward | 112,850 2,708,019 SSS |
27,600 | 2,848,469 | 2,832,119 SES |
6
Manvers Street Baptist Church
Manvers Street Baptist Church Statement of Assets & Liabilities Year Ended 31 March 2023
----- Start of picture text -----
Notes 2023 2022
i ot £ 54
Assets retained for the Charity's own Use 10 2,806,073 2,804,396
Cash Funds
Debtors 12 9,336 7,629
Cash Funds 13 79,938 71,880
Liabilities 89,274 79,509
Creditors: Amounts 14 19,278 24,186
falling due within one year
69,996 55,323
Assets Retained less Liabilities 2,876,069 2,859,719
Creditors: Amounts
falling due after more 27,600 27,600
than one year
Net Assets 2,848,469 2,832,119
SS a,
Charitable Funds
Restricted 15 2,708,019 2,708,019
Designated 16 27,600 27,600
Unrestricted 17 112,850 96,500
2,848,469 2,832,119
----- End of picture text -----
Note The MSBC have two Amounts held with WEBA Trust fund £10k & £70K The notes on pages 9 to 14 form an integral part of these accounts
These accounts were approved by the Trustees and signed on their behalf by:A.E.Bull . Hon. Treasurer PR i ARAK date 2ST Naovremler 2028
7
Manvers Street Baptist Church
Manvers Street Baptist Church
Comparative Statement of Financial Activities Year Ended 31 March 2022
| Notes | Unrestricted | Restricted | Designated | Total | |
|---|---|---|---|---|---|
| 2022 | |||||
| Receipts | £ | £ | £ | 2 oy | |
| VoluntaryReceipts | 61,624 | - | - | 61,624 | |
| InvestmentIncome | 2,268 | - | - | 2,268 | |
| Charitable Activities | 952 | 565 | - | 1,517 | |
| Other Receipts | 121,480 | - | - | 121,480 | |
| ea | |||||
| Total Receipts | 186,324 565 - 186,889 ss ee ee Te |
||||
| Payments | |||||
| Charitable Activities | 182,922 | 565 | - | 183,487 | |
| — | |||||
| TotalPayments | 182,922 565 - 183,487 i SOSH |
||||
| Net of receipts/payments | 3,402 | - | - | 3,402 | |
| Gainsand Losses on | - | - | - | - | |
| revaluation of fixed assets | |||||
| Trf offundsfromunrestricted to restricted and designated |
1,306 | (1,906) | 600 | - | |
| Cash Funds this Year End | 4708 | (1506) | 600 | 3402 | |
| Total Cash Funds brought forward | 91,792 2,709,925 27,000 2,828,717 SEEN EEO EL |
||||
| Total Cash Funds carried forward | 96,500 2,708,019 —————$—$——————_—— |
27,600 | 2,832,119 |
8
Manvers Street Baptist Church
Manvers Street Baptist Church
NOTES TO THE ACCOUNTS
31st March 2023
The Churches Charity number is 1127828 This was due to the change on legislation for Church with income over £100,000
1. Accounting Policies
a. Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from 1 January 2016). The charity has taken advantage of the provision in the SORP for charities applying FRS 102 updated bulletin t not to prepare a Statement of Cash Flows. These accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these accounts are rounded to the nearest £. b = Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
¢ Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees annual report, d Resources Expended Resources are expended are included in the Statement of Financial Activities on Receipts and Payments basis, inclusive of any VAT that can not be recovered
e Fixed Assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses,
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives.
Furniture & Fittings are included at their written down values.
Windows for the Manse purchased 2018-2019 £16,980
f Raised for Other Causes Giving raised for other causes during year and paid out within the same period
g _ Reserve Policy The Church shall maintain sufficient financial reserves to cover at least an estimated six months expenditure.
9
Manvers Street Baptist Church
h = Going concern At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing these accounts.
| 2 Voluntary Income |
|
|---|---|
| Unrestricted Restricted Designated 2023 2022 |
|
| Offerings TaxRefunds Legacies |
51,739 51,739 51,409 10,082 10,082 10,190 9,000 9,000 25 A |
| 70,821 - cd 70,821 61,624 —_et GG |
|
| 3 Investment Receipts |
|
| Unrestricted Restricted Designated 2023 2022 |
|
| BankInterest Other Investments |
2,764 2,764 2,268 - = $$ eeeeeeeeSSSSFSseseeeeeet |
| 2,764 - - 2,764 2,268 —$as OT |
|
| 4 Receipts from Charitable Activities |
2023 2022 |
| Outreach FundRaising | - - |
| OpenSpace raisedforotherCauses |
- 565 1496 1,496 952 |
| Eee | |
| 1,496 - - 1496 1,517 eee |
|
| 5 Other Receipts |
|
| Unrestricted Restricted Designated 2023 2022 |
|
| CarPark RoomLettings/OTR Café@theCentre SundryIncome |
8,572 8,572 4,972 74,096 74,096 79,895 46,450 46,450 24,302 1,794 1,794 12,311 eee ST |
| 130,912 = - 130,912 121,480 $$ eee tTAO |
|
| 6 Costs of Generating Activities Voluntary |
Receipts |
| Unrestricted Restricted Designated 2023 2022 |
|
| Café@the Centre Administration Maintenance Ministry Mission(Grants Payable} Raised forotherCauses OpenSpace(Grants payable) |
49,214 49,214 41,768 20,875 20,875 19,022 49,101 49,101 54,096 62,296 62,296 60,604 6,000 6,000 4,800 1,497 1,497 1,972 - 565 ee |
| 188,983 = = 188,983 182,827 ———$—$——— IS BBAT |
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Manvers Street Baptist Church
----- Start of picture text -----
7 Governance Costs (Costs of managing the charity)
Unrestricted Restricted Designated 2023 2022
Independent Examination 660 660 660
Legal Costs = =
Other SEEeeNTE
es660 - - 660 ee 6601
8 Grants Payable (See note 6)
Unrestricted Restricted Designated 2023 2022
BUGB Home Mission 3,000 3,000 2,400
BMS World Mission 3,000 3,000 2,400
Other Charitable Giving - - 7
Raised for other causes 1,496 1,496 1,972
Outreach Fund Raising = -
a
a7496 - - 7,496I IE6,772
Grants made to individuals made to individuals to individuals individuals [id
----- End of picture text -----
----- Start of picture text -----
Grants made to individuals made to individuals to individuals individuals
----- End of picture text -----
Grants made to institutions
----- Start of picture text -----
if the charity has made grants to particular institutions that are material in the context of its grant making please give details of the
institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to
provide a reasonable understanding of the range of institutions supported.
BMS World Mission Christian world Mission OUT
DEC Christian Mission at Home L800|
Disasters Emergency Committee Ukraine Appeal [sé BJ
Banes Young Carers Help for young people
DEC Disasters Emergency Committee Pakistan Appeal ee)
Children In Distress Help of Children with disabilities, HIV & 197
Aids
9 Staff Costs Total grants to institutions 7,497
2023 2022
Gross Salaries 82,266 78,547
Social Security Costs 2437 1,919
Pension Costs (See note 18) 8,708 11,260
Other Costs
93,411 91,726
The average number of employees during the year was:-
5 2
----- End of picture text -----
No employee received emoluments in excess of £60,000 during the year (2023 none)
No sums were reimbursed to the Trustees for their work as Trustees (2023 none)
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Manvers Street Baptist Church
| 10 Assets retained for the Charity's own Use | |||||
|---|---|---|---|---|---|
| Cost | Church Property |
Furniture& Fittings |
Computer Equipment |
Total | |
| 1stApril'2022 Additions Revaluations Disposals |
2,706,980 | 437,132 1,701 |
8,101 | 3,152,213 1,701 - - |
|
| eee | |||||
| 31stMarch’ 2023 | 2,706,980 438,833 8,101 3,153,914 —— 9,715 |
||||
| Depreciation | |||||
| 1st April’ 2022 Chargefortheyear On Disposals |
340,222 24 |
7,595 | 347 817 24 - ——— |
||
| 3istMarch’ 2023 | _—— | = | 340,246 | 7,595 | 347,841 |
| Net Book Value | |||||
| istApril’ 2022 | 2.706.980 — |
96,910 506 OS — |
2,804,396 SSeS BEG 396 |
||
| 3istMarch’ 2023 | 2,706,980 98,587 506 2,806,073 806,073 |
||||
| Allthefixed assetsare used for charitable purposes | |||||
| 11 Gains and Losses on Revaluation of Fixed Assets |
|||||
| At 31stMarch 2023thefollowingproperties were held as long term investments:- | |||||
| 2023 | 2022 | ||||
| ChurchPremises 25,CastleGardens, Bath |
2,280,000 426,980 |
2,280,000 426,980 |
|||
| Total | 2,706,980 | 2,706,980 | |||
| 12 ~~ Debtors | |||||
| 2023 | 2022 | ||||
| Prepayments Café Floats |
8,011 1,325 |
6,348 1,281 |
|||
| 9,336 | 7,629 | ||||
| 13 Banks and Cash |
|||||
| 2023 | 2022 | ||||
| LloydsBankple Baptist UnionCorporation WEBA TrustAccount PettyCash |
49,054 10,785 19,891 208 |
43,601 10,534 17,507 238 |
|||
| 79,938 | 71,880 |
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Manvers Street Baptist Church
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|14|Creditors:|Amounts|
|falling|due|within|one|year|
|2023|2022|
|Trust Funds|1,039|1,039|
|Deferred Income|10,837|9,220|
|Accruals|1,333|11,213|
|Other Creditors|6,069|2,714|
|19,278|24,186|
|15|~—-|Restricted|Funds|
|ist|April|Incoming|Resources|Transfers|31st March|
|2022|Resources|Expended|2023|
|Open Space (Greens Teams)|1,039|1,039|
|Church and gardens|2,706,980|2,706,980|
|2,708,019|-|-|-|2,708,019|
|tst|April|Incoming|Resources|— Transfers|31st March|
|2021|Resources|Expended|2022|
|Open Space (Greens Teams)|2,945|565|565|1,906|1,039|
|Church and gardens|2,706,980|-|2,706,980|
|2,709,925||565|565|1,906|2,708,019|
|16|Designated|Funds|
|ist April|Incoming|Resources|— Transfers|3ist March|
|2022|Resources|Expended|2023|
|Repairs Fund|27,600|-|27,600|
|General|Maint.|z|
|-|:|
|27,600|-|-|-|27,600|
|ist April|Incoming|Resources| Transfers|31st|March|
|2021|Resources|Expended|2022|
|GeneralRepairs FundMaint.|27,000=|600|27,600|
|=|-|
|27,000|-|-|600|27,600|
|The repairs fund represents sums set aside for the|long term|maintenance|of the church|buildings|
|17|—s Analysis|of|Net|Assets|
|Fixed|Investments|Current|Totai|
|Assets|Assets|
|Restricted Funds|2,706,980|1,039|2,708,019|
|Designated Funds|27,600|27,600|
|Unrestricted|Funds|2851099,093|13,757|112,850|
|————_—2,806,073sg YTS|42,396|B492,848,469|
----- End of picture text -----
13
Manvers Street Baptist Church
18 = Pensions
The total pension cost for the Church for the year was £8,708(2022 £11,260)
19 ~——- Related Charities
The custodian Trustee of the church is the West of England Baptist Association which is charity number 1092443,and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Great Britain,
The church made a donation to the Baptist Union Home Mission Scheme as set out in note 8
14