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2021-12-31-accounts

RAYLEIGH BAPTIST CHURCH UNAUDITED FINANCIAL STATEMENTS 31 DECEMBER 2021

Charity Number : 1128501

Edmund Carr LLP Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW

RAYLEIGH BAPTIST CHURCH

FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

CONTENTS PAGE
Trustees' annual report 1
Independent Examiner's report to the Trustees 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 DECEMBER 2021

Trustees Rev. Jonathan Blake (departed 13 February 2021)
Rev. Ricky Rew
Stuart Conway (departed 30 June 2022)
Linda Harrison
Paul Wheeler
David Goddard
Lynn Dobson
Carol Jones
Steve Brett (resigned 30 June 2022)
Viki James (appointed 27 April 2021)
Belinda Dolan (appointed 30 November 2021)
Charity number 1128501
Principal address High Street
Rayleigh
SS6 7QA
Independent examiner Edmund Carr LLP
146 New London Road
Chelmsford
Essex
CM2 0AW

1

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 DECEMBER 2021

The Trustees present their annual report together with the financial statements of Rayleigh Baptist Church for the year ended 31 December 2021. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.

Objectives and Activities

a) Policies and objectives

By relying on the Bible as our ultimate authority in all respects, Rayleigh Baptist Church exists:

b) Activities for achieving objectives

Our first objective is strongly linked to our community and our commitment here is reflected in our day-today ministries, both to the community of the church and, increasingly to the wider community of our town and the wider world.

For the Church and Local Community

2

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT (continued) YEAR ENDED 31 DECEMBER 2021

c) Main activities undertaken to further the charity’s purposes for the public benefit

The Trustees are mindful of their duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit and also of its supplementary public guidance on the advancement of religion for the public benefit, when considering the objects of Rayleigh Baptist Church. Throughout this unusual year, this Church had planned to undertake a wide range of activities, as described above, in the furtherance of its stated Objectives. Unfortunately, with the continuation of the Coronavirus this year, and as a result of numerous lockdowns during the beginning of the year most of these activities have not been able to take place in the way that they were intended. Instead a range of online and pre-recorded activities had to replace meeting together and also hosting events. This started to change from April, but still with restrictions for the rest of the year. The Trustees still believe that what has been able to take place has provided public benefit to both members of the congregation and to a lesser extent the wider community.

3

RAYLEIGH BAPTIST CHURCH TRUSTEES' ANNUAL REPORT (continued) YEAR ENDED 31 DECEMBER 2021

Achievements and Performance

Ministers

Rev. Jonathan Blake, one of the Ministers, left early in 2021 after he felt God had called him to a new season of service and to spend more time with his family. The remaining minister, Rev. Ricky Rew, assisted by Stuart Conway, a Minister in Training, who was studying at Spurgeon’s College, has been leading the church in a number of teaching series focusing on key areas such as Discovering Jesus, Various shifts – Culture, Disciple, Mission, Member, Mindset and Kingdom Shift, Missional Heart, Psalms, Growth Habit and finally Joy. As a consequence, the church has increasingly sought to become more active in building relationships with and serving the local community. During the year Paul Wheeler started to explore a calling to the ministry, and as a result the Church agreed to Paul having his placement at RBC, starting on 1 Jan 2022, while studying with the Light College and the Northern Baptist College.

Vision

At the start of the year we had a week of prayer as we sought God’s guidance on how we could fulfil our vision.

In terms of different expressions, the church has started working in two new locations. These being Grove Wood Primary School (started in 2018) and the MegaCentre Rayleigh (started in June 2019). As a result of the Coronavirus the Grove Wood Expression have not been able to develop the planned work using the school as a base, but the group consistently met for regular prayer and has now developed into a prayer group for all Rayleigh Schools. The MegaCentre Expression has now ceased.

Membership and Baptism

The church membership has decreased by 4 from 218 in 2021 to 214, due to 5 resignations, 4 deaths and 5 new members. There was one Believer’s Baptism.

Youth and Children’s Work

Claire King, the Children and Families worker, working part time, initially supported by Ricky, and later in the year by Hannah Lantaff, who started a placement while studying Theology, Ministry and Mission (Children, Youth and Families Track) at Bristol Bible College.

There was no holiday club due to the Coronavirus pandemic. The regular Glo party around Halloween was held in person. A lot of the Children’s work and Sunday School was run online as “Kids @ RBC” at the beginning of the year and only started back in the church on 19th September.

There were also zoom gatherings continuing for Boys Brigade and Girls Brigade, until they started to meet back at the church in mid-September 2021. PlayAway was on zoom until it started back in the church on 10th September.

4

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 DECEMBER 2021

Attendances on Sundays and Life Groups

We do not keep a record of attendance, but we believe that the number of those regularly worshipping with us over the year has remained broadly unchanged. Life Groups continue with the aim of supporting the fellowship to grow in their discipleship and to be better rooted in God’s Word.

Not being able to meet initially in the year made things more challenging, but services were held online and were made available on YouTube, which allowed people from outside of the fellowship to join us. The aim was to be Socially distant but with spiritual proximity. Groups also met via zoom after the Sunday service. Church Services started back in the Church in April, with restricted numbers to maintain social distancing. During this time masks were worn, and congregation singing was not possible.

Life groups initially met mainly via Zoom, plus in gardens, homes and the church as lockdown rules allowed. Some are still only meeting via zoom.

A lot of time was spent supporting people with their spiritual, mental, and physical health during this second year of lockdowns, which for some has been very lonely as they were unable to get out, due to “shielding” and other factors.

Several fellowship events and the church meetings were also held over zoom, and then as hybrid church meetings from 19th September 2021.

Premises Development

On 19th October we held our first in-person Church Members’; Meeting (with others able to watch online) which included a Special Church Members’; Meeting where we voted to invest £400,000 of our funds to the project to redevelop the Base building for Church and Community use. Approval from the Listed Buildings Advisory Committee and Local Authority Planning Approval have subsequently been received.

General Governance

During the year we developed and implemented a Health & Safety Policy following an extensive review with a retired professional, and now undertake regular audits of the premises. We also implemented a Bullying and Harassment policy and a Code of Behaviour which is displayed on-site.

Covid Pandemic

When the pandemic hit, we implemented pre-recorded services and gathered online to engage together, but from 4th April we started live streaming from the building with a very small team present. As restrictions allowed, we slowly started to increase capacity and review practices to ensure safety.

All of our on-site activities were restricted based on careful risk assessment and regular review as the situation changed. We informed leaders of internal groups and external bookings whenever the procedures were revised and provided all equipment/materials required to maintain a safe environment. All groups returned initially with reduced capacity and precautions in place to ensure the wellbeing of those in attendance. After working from home, the Staff Team returned to the office with revised working practices and precautions in place.

5

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 DECEMBER 2021

Financial Review

a) Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b) Reserves policy

The trustees aim to hold General Fund free reserves of approximately 3 months of committed expenditure. There are additional reserves held for premise development and repairs, which will start to be used when full approval is given to the Base Refurbishment Project. Given the pressures on church members, because of the coronavirus pandemic, the giving has continued remarkably well, and we have been blessed compared to some other churches locally and Baptist Churches nationwide.

c) Principal funding

The principal funding sources of the charity are primarily voluntary donations.

d) Material investments policy

There have been no significant changes to the assets held by Rayleigh Baptist Church in 2021. At the end of the year we had 100% of the value of 6 Hilary Crescent as our only manse, which was also revalued in 2021.

Structure, governance and management

a) Constitution

The Church is known as Rayleigh Baptist Church (RBC) and is affiliated to the Baptist Union of Great Britain. The Trustees operate within the terms of the constitution dated 27 January 2009. Charitable status was granted by the Charity Commission in March 2009: Registered Charity Number 1128501.

b) Method of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution.

c) Organisational structure and decision making

The church is led and managed by the Trustees, consisting of two ordained full-time Ministers (going down to one during the year), a Minister in Training, two elders and four deacons, all having designated areas of responsibility. Additionally, there are many more Members who play important roles as leaders of small groups, church organisations and a wide variety of ministries to all ages, both within the church family and, increasingly, in the wider community. The contribution made by so many willing and reliable volunteers cannot be overstated.

6

RAYLEIGH BAPTIST CHURCH

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 DECEMBER 2021

Plans for future periods

Future developments

As the fellowship at Rayleigh Baptist Church, we intend to seek new opportunities to further develop the relationships within the local community in this coming year both through the refurbishment of our Base building and also by working in other locations as opportunities allow.

Again In 2021, a group from the leadership team continued with the Lead Academy learning community. Working with churches of a similar size to Rayleigh Baptist Church, we have benefitted from improving our understanding of the purpose and values of the church and learning more about leadership. As part of the community we have been encouraged to put together an action plan after each session. This has been a very valuable experience to embed what has been learnt. Lead Academy finished in 2021. As a result we updated our purpose and values statements. Although the 2020 Vision timeframe has come to an end, we are still following its principles.

This report was approved by the Trustees on 28 September 2022 and signed on their behalf by:

Rev. Ricky Rew Chair of Trustees

7

RAYLEIGH BAPTIST CHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 DECEMBER 2021

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 9 to 23.

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 charity’s accounts carried out under section 145 of the 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 examiner's statement

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:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. 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.

Colin Barker FCA

146 New London Road Chelmsford CM2 0AW

28 September 2022

8

RAYLEIGH BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2021

Note
INCOME FROM:
Donations and legacies
2
Charitable activities
3
Investments
4
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
5
TOTAL EXPENDITURE
NET INCOME / (EXPENDITURE)
Transfers between funds
Other recognised gains:
Gain on revaluation of fixed assets
NET MOVEMENT IN FUNDS
Reconciliation of funds:
Total Funds brought forward
Total Funds carried forward
13/14		 Unrestricted
Funds
£
226,339
6,149
149
232,637
224,684
224,684
7,953
(990)
-
6,963
431,611
438,574		 Restricted
Funds
£
13,662
1,283
322
15,267
20,335
20,335
(5,068)
990
50,000
45,922
513,206
559,128		 Total Funds
2021
£
240,001
7,432
471
247,904
245,019
245,019
2,885
-
50,000
52,885
944,817
997,702		 Total Funds
2020
£
273,184
4,301
1,059
278,544
245,165
245,165
33,379
-
-
33,379
911,438
944,817

The charity has no recognised gains or losses other than the results for the period as set out above.

The notes on pages 11 to 23 form part of these financial statements.

9

RAYLEIGH BAPTIST CHURCH BALANCE SHEET AS AT 31 DECEMBER 2021

Note
£
£
FIXED ASSETS
Tangible assets
10
386,044
CURRENT ASSETS
Debtors
11
24,702
Cash at bank
592,786
617,488
CREDITORS: Amounts falling
due within one year
12
(5,830)
NET CURRENT ASSETS
611,658
NET ASSETS
997,702
FUNDS OF THE CHARITY
Restricted funds
559,128
Unrestricted funds
Designated Funds
211,612
General unrestricted funds
226,962
Total unrestricted funds
438,574
TOTAL CHARITY FUNDS
997,702
2021		 £
£
329,928
20,299
602,806
623,105
(8,216)
614,889
944,817
513,206
162,155
269,456
431,611
944,817
2020		 £
£
329,928
20,299
602,806
623,105
(8,216)
614,889
944,817
513,206
162,155
269,456
431,611
944,817
2020
944,817
513,206
162,155
269,456
431,611
944,817

These financial statements were approved by the Trustees on 28 September 2022 and are signed on their behalf by:

Rev. Ricky Rew

Chair of Trustees

The notes on pages 11 to 23 form part of these financial statements.

10

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

1. ACCOUNTING POLICIES

Statement of compliance

The financial statements 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) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Practice.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following 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) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Exemption from preparing a cash flow statement

The charity has opted for the exemption under Update Bulletin 1 from including a cash flow statement.

Basis of preparation

Rayleigh Baptist Church constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate.

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

11

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities, Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

All expenditure is inclusive of irrecoverable VAT.

Tax status

Rayleigh Baptist Church is a registered charity and is not subject to corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Tangible fixed assets are carried at cost or valuation , net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold property - no depreciation charged
Motor vehicles - 5 years straight line
Equipment - 5 years straight line

The charity has adopted the revaluation model to revalue items of property, plant and equipment whose fair value can be measured reliably. The revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.

The fair value of land and buildings is usually determined from market-based evidence by appraisal that is normally undertaken by professionally qualified valuers. The fair value of items of plant and machinery is usually their market value determined by appraisal.

12

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

Debtors

Trade and other debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash at Bank and in hand

Cash and cash equivalents comprise cash on hand and deposits.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Defined contribution pension plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

Government grants

Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Fund accounting

Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated funds – these are funds set aside by the trustees out of unrestricted funds for specific future purposes or projects.

Restricted funds – these are funds that can 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.

13

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

2. DONATIONS AND LEGACIES

Unrestricted
Funds
£
Donations
224,932
Legacies
-
Government grants - Job retention scheme
1,407
226,339
Total 2020
258,686
3. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
Funds
£
Church activities
6,149
6,149
Total 2020
3,519
4. INVESTMENT INCOME
Unrestricted
Funds
£
Bank interest receivable
149
Total 2020
548		 Restricted
Funds
£
13,662
-
-
13,662
14,498
Restricted
Funds
£
1,283
1,283
782
Restricted
Funds
£
322
511		 Total Funds
2021
£
238,594
-
1,407
240,001
273,184
Total Funds
2021
£
7,432
7,432
4,301
Total Funds
2021
£
471
1,059		 Total Funds
2020
£
271,527
1,109
548
273,184
Total Funds
2020
£
4,301
4,301
Total Funds
2020
£
1,059

14

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

5. EXPENDITURE ON CHARITABLE ACTIVITIES

Church activities
Total 2020		 Activities
undertaken
directly
£
136,570
136,570
148,582		 Grant
funding of
activities
(Note 8)
£
57,138
57,138
49,852		 Support &
governance
costs
(Note 6)
£
51,311
51,311
46,731		 Total Funds
2021
£
245,019
245,019
245,165		 Total Funds
2020
£
245,165
245,165

6. ANALYSIS OF SUPPORT COSTS

Light, heat and rates
Repairs and maintenance
Premises development
Insurance
Minibus expenses
Printing, postage and stationery
Telephone
General administration
Advertising
Depreciation
Legal and professional fees
Governance costs
(Note 7)		 Total Funds
2021
£
5,073
15,565
8,315
4,971
3,518
2,952
357
4,264
568
1,957
331
3,440
51,311		 Total Funds
2020
£
2,763
18,592
3,150
4,888
3,202
3,351
878
4,439
809
1,384
-
3,275
46,731

7. GOVERNANCE COSTS

Independent examination
Accounts preparation
Fees payable to Independent Examiner		 Unrestricted
Funds
£
1,840
1,600
3,440		 Restricted
Funds
£
-
-
-		 Total Funds
2021
£
1,840
1,600
3,440		 Total Funds
2020
£
1,775
1,500
3,275

15

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

8. ANALYSIS OF GRANTS

ANALYSIS OF GRANTS
Church activities
Total 2020
Grants to institutions
B U Home Missions
BMS World Missions
Cry In The Dark
Havens Hospices
To Kenya With Love
Peru
Nehemiah project
Open Doors
Other Missions and Charities
Bar 'n' Bus Trust
Total 2020
Grants to individuals
RBC Fellowship Fund
Other Missions and Charities
Total 2020		 Grants to
institutions
£
42,095
34,831
Unrestricted
Funds
£
12,500
-
3,800
1,650
3,800
4,000
3,800
3,800
-
1,500
34,850
30,650
Unrestricted
Funds
£
-
4,140
4,140
3,140		 Grants to
individuals
£
15,043
15,021
Restricted
Funds
£
-
-
833
-
1,342
650
31
313
4,076
-
7,245
4,181
Restricted
Funds
£
9,338
1,565
10,903
11,881		 Total Funds
2021
£
57,138
49,852
Total Funds
2021
£
12,500
-
4,633
1,650
5,142
4,650
3,831
4,113
4,076
1,500
42,095
34,831
Total Funds
2021
£
9,338
5,705
15,043
15,021		 Total Funds
2020
£
49,852
Total Funds
2020
£
12,500
4,478
5,274
1,650
3,750
4,000
-
-
1,679
1,500
34,831
Total Funds
2020
£
11,881
3,140
15,021

16

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

9. ANALYSIS OF STAFF COSTS

ANALYSIS OF STAFF COSTS
Wages and salaries
Social security costs
Pension costs		 2021
£
101,170
3,518
10,331
115,019		 2020
£
112,520
5,239
7,395
125,154

None of the employees' emoluments exceeded £60,000.

The average number of employees during the year, by head count, was as follows:

Ministers and pastoral staff
Administrative, caretaking and cleaning staff		 2021
No.
2
4
6		 2020
No.
3
4
7

Three trustees been remunerated or have received other benefits from employment with the charity.

The trustees only receive remuneration in respect of services they provide under their contracts of employment, and not in respect of their role as trustees. The value of trustees' remuneration is as follows:

follows:
2021 2020
£ £
J Blake (Minister)
Remuneration 5,580 32,141
Employer's pension contributions 279 1,674
R Rew (Minister)
Remuneration 31,789 27,435
Employer's pension contributions 7,301 3,440
S Conway (Minister)
Remuneration 19,333 6,833
Employer's pension contributions 967 342

Expenses totalling £1,737 (2020: £596) were reimbursed to or paid on behalf of 3 (2020: 3) trustees during the year for reasonable travel and accommodation costs.

The remuneration benefits of key management personnel totalled £68,685 (2020: £74,984).

17

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

10. TANGIBLE FIXED ASSETS

Cost or valuation
At 1 January 2021
Additions
Revaluations
At 31 December 2021
Depreciation
At 1 January 2021
Charge for year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020		 Freehold
property
£
325,000
-
50,000
375,000
-
-
-
375,000
325,000		 Motor
vehicles
£
23,000
-
-
23,000
23,000
-
23,000
-
-		 Equipment
£
6,919
8,073
-
14,992
1,991
1,957
3,948
11,044
4,928		 Total
£
354,919
8,073
50,000
412,992
24,991
1,957
26,948
386,044
329,928

The freehold property was last revalued on 11 October 2021 by Lewis Valuation. Its historical cost is £150,000.

Charity Heritage Assets

The church building, which is central to the objectives and activities of the charity, meets the definition of a heritage asset and as such is not included on the balance sheet due to the age of the building and the impracticalities of ascertaining the original cost or donated valuation. Given the age of the building, the original cost of the building would be immaterial to the accounts and given the restrictions on its use and disposal, a current valuation would not be practical or relevant.

11. DEBTORS
Other debtors
Prepayments and accrued income
Tax recoverable
12. CREDITORS: Amounts falling due within one year
Taxation and social security
Other creditors
Accruals and deferred income		 2021
£
-
15,007
9,695
24,702
2021
£
1,447
284
4,099
5,830		 2020
£
450
10,170
9,679
20,299
2020
£
3,292
600
4,324
8,216

18

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2021

13. RESTRICTED FUNDS
Balance at
01/01/2021
£
a)
9 Paignton Close Fund
155,348
b)
6 Hilary Crescent Fund
325,000
c)
BMS World Missions
2,877
d)
Boys Brigade
3,141
e)
Cry in the Dark
263
f)
Fellowship Funds Gifts
2,111
g)
Girls Brigade
725
h)
Minibus replacement
15,852
i)
Mission Strategy
2,625
j)
Student / Mission Fund
61
k)
To Kenya with Love
1,222
l)
Carers Cafe
4,203
m) Church Holiday
(1,150)
o)
Open Doors
-
p)
Nehemiah Project
-
Donations to other organisations
928
513,206
Prior year restricted funds movement:
Balance at
01/01/2020
£
a)
9 Paignton Close Fund
154,837
b)
6 Hilary Crescent Fund
325,000
c)
BMS World Missions
3,755
d
Boys Brigade
3,240
e)
Cry in the Dark
1,249
f)
Fellowship Funds Gifts
2,196
g)
Girls Brigade
806
h)
Minibus replacement
15,182
i)
Mission Strategy
2,625
j)
Student / Mission Fund
61
k)
To Kenya with Love
1,332
l)
Carers Cafe
4,035
m) Church Holiday
(450)
n)
Megacentre
-
Donations to other organisations
1,819
515,687		 Balance at
01/01/2021
£
155,348
325,000
2,877
3,141
263
2,111
725
15,852
2,625
61
1,222
4,203
(1,150)
-
-
928		 Gains &
Income
Expenditure
Transfers
£
£
£
322
-
-
-
-
50,000
965
(650)
-
811
(781)
-
854
(833)
-
8,345
(9,338)
-
262
(479)
31
-
-
-
-
(2,625)
-
-
-
165
(1,342)
-
50
(927)
-
160
-
990
313
(313)
-
31
(31)
-
2,958
(5,641)
2,625
15,267
(20,335)
50,990
Income
Expenditure
Transfers
£
£
£
511
-
-
-
-
-
-
(878)
-
487
(586)
-
488
(1,474)
-
11,796
(11,881)
-
225
(907)
601
670
-
-
-
-
-
-
-
-
40
(150)
-
168
-
-
70
(770)
-
388
(300)
(88)
948
(1,679)
(160)
15,791
(18,625)
353
Movement in funds
Movement in funds		 Gains &
Income
Expenditure
Transfers
£
£
£
322
-
-
-
-
50,000
965
(650)
-
811
(781)
-
854
(833)
-
8,345
(9,338)
-
262
(479)
31
-
-
-
-
(2,625)
-
-
-
165
(1,342)
-
50
(927)
-
160
-
990
313
(313)
-
31
(31)
-
2,958
(5,641)
2,625
15,267
(20,335)
50,990
Income
Expenditure
Transfers
£
£
£
511
-
-
-
-
-
-
(878)
-
487
(586)
-
488
(1,474)
-
11,796
(11,881)
-
225
(907)
601
670
-
-
-
-
-
-
-
-
40
(150)
-
168
-
-
70
(770)
-
388
(300)
(88)
948
(1,679)
(160)
15,791
(18,625)
353
Movement in funds
Movement in funds		 Gains &
Income
Expenditure
Transfers
£
£
£
322
-
-
-
-
50,000
965
(650)
-
811
(781)
-
854
(833)
-
8,345
(9,338)
-
262
(479)
31
-
-
-
-
(2,625)
-
-
-
165
(1,342)
-
50
(927)
-
160
-
990
313
(313)
-
31
(31)
-
2,958
(5,641)
2,625
15,267
(20,335)
50,990
Income
Expenditure
Transfers
£
£
£
511
-
-
-
-
-
-
(878)
-
487
(586)
-
488
(1,474)
-
11,796
(11,881)
-
225
(907)
601
670
-
-
-
-
-
-
-
-
40
(150)
-
168
-
-
70
(770)
-
388
(300)
(88)
948
(1,679)
(160)
15,791
(18,625)
353
Movement in funds
Movement in funds		 Balance at
31/12/2021
£
155,670
375,000
3,192
3,171
284
1,118
508
15,883
-
61
45
3,326
-
-
-
870
513,206 15,267 (20,335) 50,990 559,128
Balance at
31/12/2020
£
155,348
325,000
2,877
3,141
263
2,111
725
15,852
2,625
61
1,222
4,203
(1,150)
-
928

a)
9 Paignton Close Fund
b)
6 Hilary Crescent Fund
c)
BMS World Missions
d
Boys Brigade
e)
Cry in the Dark
f)
Fellowship Funds Gifts
g)
Girls Brigade
h)
Minibus replacement
i)
Mission Strategy
j)
Student / Mission Fund
k)
To Kenya with Love
l)
Carers Cafe
m) Church Holiday
n)
Megacentre
Donations to other organisations
515,687 15,791 (18,625) 353 513,206

19

RAYLEIGH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 DECEMBER 2021

13. RESTRICTED FUNDS (continued)

Manse for Minister - owned 100% by the church.

Donations received from various individuals and later paid to the Mission.

Operated by and exclusively for the activities of the Boys' Brigade.

Funds received (e.g. from Carol Services Offerings and personal gifts) later paid to the charity.

Funds raised to enable the church to make charitable gifts to those within or linked to the fellowship.

Operated by and exclusively for the activities of the Girls' Brigade.

Donations to overseas missionary organisations.

Funds donated to support students/Members in short-term Christian missions.

Providing a better future for children in Kisumu, Kenya.

Monthly support for those who care for others.

Funds raised to support the work of Megacentre.

20

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

14. UNRESTRICTED FUNDS

**14. ** UNRESTRICTED FUNDS
i)
ii)
iii)
iv)
v)
vi)
vii)
viii)
i)
ii)
iii)
iv)
v)
vi)
vii)		 Balance at
01/01/2021
£
Designated funds
Keep Fit
4
New Minibus Fund
7,745
Playaway
870
Premises R&R
2,469
Premises Development
130,704
Womens Hour
519
Ministry Training Fund
19,844
Community Café
-
162,155
General funds
General Fund
156,095
General Legacies
58,361
Main Fund Reserve
55,000
269,456
431,611
Prior year unrestricted funds movement:
Balance at
01/01/2020
£
Designated funds
Keep Fit
125
New Minibus Fund
7,745
Playaway
821
Premises R&R
2,469
Premises Development
119,118
Womens Hour
519
Ministry Training Fund
26,553
157,350
General funds
General Fund
158,219
General Legacies
57,252
Main Fund Reserve
22,930
238,401
395,751		 Balance at
01/01/2021
£
4
7,745
870
2,469
130,704
519
19,844
-		 Gains, losses
Income
Expenditure
& transfers
£
£
£
-
-
(4)
-
-
-
370
(645)
-
-
-
-
20,653
(8,315)
40,500
-
-
-
-
(3,808)
-
226
-
480
21,249
(12,768)
40,976
211,388
(211,916)
(41,966)
-
-
-
-
-
-
211,388
(211,916)
(41,966)
232,637
(224,684)
(990)
Gains, losses
Income
Expenditure
& transfers
£
£
£
480
(601)
-
-
-
-
377
(488)
160
-
-
-
14,648
(3,150)
88
-
-
-
-
(6,709)
-
15,505
(10,948)
248
246,139
(215,592)
(32,671)
1,109
-
-
-
-
32,070
247,248
(215,592)
(601)
262,753
(226,540)
(353)
Movement in funds
Movement in funds		 Balance at
31/12/2021
£
-
7,745
595
2,469
183,542
519
16,036
706
162,155 21,249 (12,768) 40,976 211,612
156,095
58,361
55,000		 211,388
-
-		 (211,916)
-
-		 (41,966)
-
-		 113,601
58,361
55,000
269,456 211,388 (211,916) (41,966) 226,962
431,611 232,637 (224,684) (990) 438,574
Balance at
31/12/2020
£
4
7,745
870
2,469
130,704
519
19,844

Designated funds
Keep Fit
New Minibus Fund
Playaway
Premises R&R
Premises Development
Womens Hour
Ministry Training Fund
General funds
General Fund
General Legacies
Main Fund Reserve
157,350 15,505 (10,948) 248 162,155
158,219
57,252
22,930		 246,139
1,109
-		 (215,592)
-
-		 (32,671)
-
32,070		 156,095
58,361
55,000
238,401 247,248 (215,592) (601) 269,456
395,751 262,753 (226,540) (353) 431,611

21

RAYLEIGH BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

14. UNRESTRICTED FUNDS (continued)

Fund operated exclusively for the keep fit activities.

Funds designed for the replacement of the minibus (note - there is a separate fund for the restricted donations).

Funds used for the weekly parent and toddler groups.

Funds held for any repairs and renewals required at the Church.

Funds raised for the continued work to make the premises more fit for purpose to contribute more to the local community. An additional £40,500 was transferred to this fund from general unrestricted funds during the year for the initial phase of the Base Refusbishment Project.

vi) Women's Hour fund

To help build women's friendships, give support and reach out.

In 2019, £30,000 has been transferred from the general legacies fund to fund ministers in training.

22

RAYLEIGH BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 DECEMBER 2021

15. ANALYSIS OF NET ASSETS (between restricted and unrestricted funds)

Current year:

Current year:
Tangible fixed assets
Current assets
Creditors due within one year		 Unrestricted
funds
£
11,044
221,748
(5,830)		 Designated
funds
£
-
211,612
-		 Restricted
funds
£
375,000
184,128
-		 Total
2021
£
386,044
617,488
(5,830)
226,962 211,612 559,128 997,702

Prior year:

Tangible fixed assets
Current assets
Creditors due within one year		 Unrestricted
funds
£
4,928
272,744
(8,216)		 Designated
funds
£
-
162,155
-		 Restricted
funds
£
325,000
188,206
-		 Total
2020
£
329,928
623,105
(8,216)
269,456 162,155 513,206 944,817

16. RELATED PARTY TRANSACTIONS

During the year, the charity received donations of £25,616 (2020: £38,495) from Trustees and their related parties.

For remuneration paid to trustees, see the Analysis of Staff Costs note.

23