## _MAKING JESUS KNOWN_ _ANNUAL REPORT (SEPTEMBER 2022 SEPTEMBER 2023)_ ~~a~~ _Wbc2023_ ## _WHITTON BAPTIST CHURCH_ _The Aims and Purpose of Whitton Baptist Church._ _The principle purpose of Whitton Baptist Church is the advancement of the Christian Faith according to the principles of the Baptist Denomination._ _The Church may also advance education and carry out other charitable purposes in the UK and/or other parts of the world._ _To achieve this purpose, the church engages in regular public worship, bible study, preaching and teaching, Baptism as defined in BUGB’s Declarations of Principle, regular communion of the Lord’s supper, evangelism and mission, inclusion and teaching of young people, including Girls Brigade, Mothers and Toddlers; nurture and growth of Christian disciples, giving and encouraging pastoral care._ _The Church operates under a Trust Deed dated February 14th 1882, as amended by the adoption in 2008 of new Trusts based on the Baptist Union Model Trusts for Churches. The 1882 Trust Deed provided for the erection of a place of Divine Worship for members of the Baptist Denomination. The original site was compulsorily acquired in the 1930’s and the compensation monies were applied for the purchase of the present site and the erection of the Church buildings in Hounslow Road._ _The following report outlines the objectives and activities of Whitton Baptist Church during the period 09/22-09/23_ _Wbc2023_ ## _**PUBLIC BENEFIT STATEMENT**_ _The church’s trustees have – as described below - regard to the Charity Commission’s guidance on Public Benefit in planning and leading the church’s work in pursuance of these purposes._ ## _**Purpose 1 - advancement of the Christian faith**_ _The church carries out this purpose by activities including but not limited to:_ _a)_ Organising weekly services for members and non-members, to present the teachings of the Bible and to provide opportunities for Christian response, including but not limited to prayer, communion and worship _. Since 2019 our church has sponsored an Asian congregation to meet in the church, on a Sunday afternoon, led by Tasawer Pandayer a trainee minister._ _The meetings are free of charge and open to all, and the public benefit of such meetings is expected to be through the promotion of individual well being and family stability, and increased ability for attendees to contribute positively to society._ _b)_ Organising meetings on most days of the week, including bible study, children’s work, Teddy Tots and a Boccia Club, all of which are open to people from Whitton and the surrounding area _._ _These meetings contribute to the physical, social and spiritual development of the children and Young People; the young mothers or carers of toddlers and, for those less mobile, an opportunity for social interaction and physical/competitive participation._ _c)_ Employing a full time minister, part of whose responsibility is to promote and support work with children - both in local schools and through church-based activities – and to be available to any member of the Whitton community who seeks his support or advice. _d)_ Providing support and guidance to those activities of its members which seek to promote and express, in Whitton and the surrounding area, an understanding of the Christian beliefs as set out in the Baptist Declaration of Principle. _The benefit of such support and guidance is to enable church members to be better able to serve in the local community – including the support of local charities. In addition to encouraging such participation in the community, the church provides teaching and training opportunities for members, including mid-week groups, and promotes external courses, events and opportunities to volunteer. These are advertised in the weekly church bulletin and on the church website._ _Wbc2023_ ## _**Purpose 2 – other charitable activities**_ _The church carries out this purpose by activities including but not limited to:_ _e)_ Assisting the work of individual Christians, Christian organisations, and International Charities insofar as that work, whether in this country or abroad, accords with the church’s aims _._ _The church makes donations as agreed by its members from the annual budget. The public benefit of providing support and resources to such charitable organizations is expected to be in accordance with their aims and purposes, which include religious activity, relief of poverty, training and equipping, work with youth and the elderly, homeless and others in need, not only in Whitton and the surrounding neighbourhood but also abroad. The most recent version of the church’s published accounts list those of charities and individuals supported during the past financial year. The list includes those working towards international relief, eg Tear Fund, and the Baptist Union of Great Britain and BMS World Mission._ _f)_ Supporting acts of social concern to benefit persons in Whitton and the surrounding area on the basis of their need _._ _The public benefit of these acts is expected to be in the area of poverty relief, caring, youth and elderly people’s activities aimed promoting their health, wellbeing, spiritual life and education, and is addressed by church activities, volunteer activities of individual members, and also by donations to appropriate charitable organizations and activities as agreed by the members of the church and distributed at the discretion of the Trustees in accordance with the annual budget. Through gifts and/or the provision of an affordable venue, the church currently supports the work of SPEAR in the London Borough of Richmond for homeless young people, Boccia exercise and recreational activity for the elderly, “Blue Iris Nursery” for small children, Whitton Choral Society for rehearsals and concerts, church groups for all ages, and other independent groups in the community._ _g)_ Developing relationships with other churches in Whitton and the surrounding areas, as well as nationally and overseas, which are mutually beneficial in advancing the church’s aims. _The public benefit of such association is expected to be in community events falling under items b) or c) above and undertaken in conjunction with other churches. Whitton Baptist Church is a member of Churches Together in Whitton, the London Baptist Association and the Baptist Union of Great Britain, which enables it to coordinate its work with other churches in Whitton and beyond._ _In accordance with the Constitution, the trustees are the minister and deacons of the church. These are elected by the church members, in the case of the deacons from among the church members and for a renewable period of three years. A majority of the trustees must have been baptised by immersion._ _Wbc2023_ ## _**Annual Report**_ ## _**An Overview.**_ _From September 2022 normality was more or less resumed, with the relaxation of covid 19 restrictions, although we do keep an area separate for those who wish to remain free of close contact. However this has become useful for our wheelchair users as it gives far more room for maneuverability. Teddy Tots and Girls Brigade and Boccia have all been well supported._ _The Asian congregation continues to meet and broadcast to its members who live too far away to attend regularly. The pastoral Care team meets monthly and keeps contact with members known to be unwell of living alone. An email prayer chain is used for prayer when requested. In December we celebrated with a morning carol service ; Our church anniversary service was led by David Gregory and was a joint occasion with the Asian congregation.. In August we updated our safeguarding policy to include ‘ adults at risk’ in line with BUGB guidelines._ ## _**MEMBERSHIP**_ _57 members were registered at December 2022. There were 2 home calls and 3 transfers in 2022._ ## _**DEACONS**_ _During the reviewed period the Board of Deacons consisted of Rev Gordon Hindmarch; Denis Allnutt; Peter Boulter; Brenda Lambourne; Sheila Collins; Ruby Olivier; Osa Osifo and Robin Gammon._ _The deacons met on 10 occasions; Tasawer Pandanya was invited to attend on alternate months or when relevant._ ## _**ASIAN CONGREGATION**_ _The congregation was established in April 2020 and continues to be led by Pastor Tasawer Pandayar, with the support of a Congregational Team. The Minister and Deacons provide us with practical support and offer many encouragements._ _Worship Services: Weekly Sunday services take place in the church building with an average attendance of 28, made up of people aged 1-80 years old. The personal testimonies shared in out worship services have been a source of inspiration and spiritual growth to the whole congregation. Midweek Bible Studies and Prayer occur on Wednesday evenings using Zoom with an average attendance of 32. We are currently studying the book of Proverbs._ _A special Christmas event programme in early December brought in a congregation of 100 including guests many from other churches from across London, Luton and Slough._ _Another special Easter programme was arranged in March, meditating on the passion of Jesus, with the number of attendees was around 90._ _Fellowship and special thanksgiving meetings are held at different homes of the congregation and we have strengthened our bonds and encouraged new friendships to flourish._ _Wbc2023_ _Outreach: On Saturdays we have participated in outreach in Whitton, Hounslow, Ealing and Southall, where we have engaged in good conversations about Christianity with people of other faiths._ _Membership and Growth: During last year we welcomed two new families into our congregation. There are several candidates who are taking classes to be prepared for the Baptism which symbolises a commitment to a life in Christ. A couple celebrated their wedding in our congregation solidifying their commitment to God and one another. We have small youth group that is actively engaged in church._ ## _**FINANCE**_ _The Treasurer’s report for the year ending 5 April 2023 is attached to this report (and the accounts are attached to the full version). In summary the Church had a current account deficit of £1,972 in the year. This included a General Fund surplus of £17,059 (after transferring £7,500 to the Asian Congregation Fund); a Fabric Fund deficit of £15,408; and an Asian Congregation Fund deficit of 5,132._ _Offerings for the General Fund by the morning congregation increased by £2,510 compared with the previous year. Net investment income was, at £32,550, about £1,200 more than in the previous year. The £20,982 received from organisations using our premises was lower than the £24,155 in the previous year. Fabric Fund expenditure, at £20,217, was – while over £9,000 up on the previous year – in line with the average in other recent years. Ministry spend was, at £44,729, about £1,400 down on the previous year, largely reflecting the ending of pension deficiency payments required by the Baptist Pension Scheme. The deficit on the Asian Congregation Fund was broadly in line with the expectations when this congregation was set up._ _At the start of 2022-23 we had total net current assets of £122,668, of which £99,000 was in the General Fund. While we do not hold formal reserves, it is our policy to aim to have current assets of £50,000 available in the General Fund for use in the event of a need for exceptional expenditure or a substantial reduction in income._ _As the report shows, there were substantial uncertainties at the start of the year, largely relating to the likely scale of income from users of our property and of expenditure on the fabric of both our investment properties and our own properties, about the likely income and expenditure in 2023-24. A deficit of possibly some £50,000 seemed not impossible._ _In the first half of 2023-24 we had a current account deficit of about £4,000 reflecting, among other things, slower than anticipated progress on the fabric work and income from users of our property holding up well. For the year as a whole we expect a larger deficit reflecting increased costs in the winter period and the expectation of further fabric spending. The size of this deficit will depend on the amount of fabric spend but it is expected to be manageable. The extent to which the deficit is reduced by lower than expected fabric spend will represent a need for more fabric spend in 2024-25._ ## _**FABRIC**_ _Comfort – WBC is warm and welcoming, and during the year we dealt with minor problems to our oldest boilers. However, the annual servicing in August was straightforward with no repairs required. The Hall and Nursery floors were stripped and re-varnished in July & August._ _Safety – Gas Safety Certification for the Halls was issued in November, following servicing of the commercial cookers, and renewed for the Church building in August. The Carbon Monoxide detectors were tested at the same time. Our 5-yearly Electrical Safety Certification was issued in October following remedial work. Portable Appliance Testing was completed in February covering all items throughout the church buildings, and there were no faults. Fire Extinguishers had annual servicing in April, and changes made to bring us in line with insurance requirements. Wbc2023_ _Our Health and Safety assessment was carried out in January identifying several trip hazards which were remedied (external steps, slippery drain covers, access to platform in church). The Halls kitchen venting system was professionally cleaned in February, to meet insurance requirements. Loose floor tiles in the Hall were repaired in March._ _General work – We completed clearance of BBHQ in November and the building is no longer used for activities. The Archway sign was remounted to new fixing points in April. August work parties cleared grounds and Minister’s vestry, and the Memorial bench was renovated._ _Planning - We now have a Church maintenance logbook, recording work done since Jan 2023, planning works until 2027 (from Quinquennial reports) and scheduling routine work._ _Thank you to all who carry out the routine tasks – gardening, grass cutting, weed removal, window cleaning, time clock setting (heating and exterior lights)._ _Manse – has Gas Safety and Electrical Safety Certificates._ _Retail Units – In February, Watercare completed an insurance requirement related to their gas boiler. In June, ColourBar carried out their 5-yearly Electrical Safety Inspection, meeting insurance requirements._ ## _**THE PASTORAL CARE TEAM**_ _The team has met monthly to consider church fellowship matters- those who attend at present, those whom we have not seen for a while and those who have moved away - we have also prayed for those facing bereavement and chronic health issues coupled with visits by Gordon. Prayer requests continued to be passed on through the Prayer Chain administered by Carol Prouse, Peter Boulter and Gordon Hindmarch._ ## _**THE PREACHING TEAM**_ _During the year the team has been joined by Robin Gammon. Our usual guest speakers are now unavailable so Andrew Ruffhead, Robin Gammon and Sheila Collins have shared the occasions when Gordon has been away, plus we have enjoyed visits from Andrew Smith, David Gregory and Hany Abdelmashi._ ## _**TEDDY TOTS**_ _On Tuesday mornings the church hosts our busy Teddy Tots group which meets for 1 hour 45 minutes in the break-out space at the back of the church. We aim to provide a safe, friendly space for the benefit of children aged 1-3 years old together with their parents and carers, who live in our community. We often host the younger siblings of previous attendees who are now at school. Over the Summer we reviewed our arrangements with the help of Sheila, our Church Safeguarding Coordinator, which led us to redraft our Guidelines._ _Begun in 2016 and run by an energetic team of volunteers, numbers over the past year have averaged around 20 adults and 23 children. Refreshments are served including healthy snacks for the children. New toys are purchased (such as the new play tunnel and the sit-on ride Police Car and Fire Engine), while old ones are removed. Activities include playing with the vast assortment of toys including a trampoline, an indoor slide, Duplo bricks, children’s books and the ever-popular car garage with assorted vehicles. Each session contains a children’s Bible story and singing time with action songs. Everyone is regularly invited to church events, and the children each receive a small gift at Christmas. A special thank you to our faithful volunteers (Eileen, Elsie, Gordon, Jean and Rachel) without whom Teddy Tots would not operate._ _Wbc2023_ ## _**GIRLS’ BRIGADE**_ _Girls’ Brigade continues to meet on Tuesday evenings. We restarted in September with 12 girls and were encouraged to find that our numbers were unchanged. We knew a couple of the older girls were leaving us due to school commitments but were thrilled to have new younger members join us. The girls are now aged between 4 and 13 years which is proving to be quite challenging. Trying to provide age related activities is not always that easy with such a range of abilities. Nevertheless, we are learning to think outside the box with crafts, games, cooking etc. They are a lively lot and are always ready to tell us exactly what they think! Ask Gordon, he takes the weekly “chat and learn spot”. Looking ahead, the girls are very excited about our planned pantomime trip in December. For most of them it will be their first GB outing. If this is successful, we will try to organise more weekend activities._ _At the moment we are running with the minimal number of adults required in Brigade’s Safeguarding guidelines and there have been occasions when, if Gordon hadn’t been with us, we would have been unable to meet. Thank you, Gordon!_ ## _BOCCIA_ _An enthusiastic, and somewhat completive, group of approximately 12 members each month attend. We have purchased our own set of balls, having started up with an ‘indefinite loan’ from Spelthorne boccia club. The value of this game is that it is designed for those less mobile, and so welcomes, and is welcomed, by our members who have to use various wheels to get around. It also allows husbands and wives to share in a sport and social interaction with their friends at church who they don’t get to see very often due to their mobility problems etc. All are welcome and it is hoped that friends, and others in the community, will come and join us in the future._ e. ## _**SUMMARY**_ _**Making Jesus Known in Whitton, through our outreach, is our continued goal which we will continue to aim for. Meanwhile, we continue to serve the Lord and worship him as best we can in whatever way we can.**_ _Wbc2023_ ## _**Whitton Baptist Church**_ _Treasurer’s Report for period 6th April 2022 to 5th April 2023_ ## _**Summary of the Year's financial activity.**_ _1. The Church’s gross income amounted to £117,366 and expenditure to £119,338 giving a current account deficit on the year of £1,972. If associated organizations are included these figures become respectively: income of £119,421 expenditure of £123,898; and deficit of £4,477. (The associated organization spend includes the transfer of £2,748 from BB to the church on the closure of the BB accounts.) The remainder of this report refers to the Church’s accounts alone._ _2. The, current asset, balances of the church’s funds at the start and end of the year were:_ _April 2022 April 2023 General Fund £81,953 £99,012 Monies for causes £38 -£1 Lunch Club £3,864 £3,883 Fabric Fund £44,895 £29,487 Teddy Tots £4,352 £5,881 Asian Congregation -£10,462 -£15,594 ………………………………………. Total £124,640 £122,668_ _The above figures reflect the agreed transfer of £7,500p.a. from the General Fund to the Asian Congregation Fund._ ## _**The General Fund**_ _4. The offerings to the General Fund amounted to £34,619; this was £2,510 more than in the previous year. We are grateful for this giving and particularly to those who Gift Aid their donations. These offerings attracted tax refunds of £7,182 (including £546 on some small gifts which are not covered by a Gift Aid declaration)._ _5. We remain heavily dependent on investment income; net income from the 27/33 Hounslow Road shops and the Gospel Hall, plus interest received, amounted to £32,550 (compared with £31,333 in 2021/22). The properties were, as in the previous year, occupied throughout the year; the rents were increased by 2.5% from October. There were repair and survey costs of £1310 (compared with £400 in 2021/22). Net investment income accounted for over 25% of our income for church purposes._ _6. In addition, £20,982 was received in donations from the nursery and other organizations using our premises. This was less than the £24,155 in the previous year._ _Wbc2023_ _7. Ministry spend in the year was £44,729; this compares with £46,150 in 2021/22. The main elements of ministry spend were gross stipend of £32,464, pension costs of £5,364 (including deficiency contributions) and manse council tax of £3,369. The decrease compared with 2021/22 reflects the ending of pension deficiency payments in August 2022_ _8. Aside from Fabric Fund spend; main areas of establishment expenditure, which totaled £17,737 (£15,092 in 2021/22), were £6,666 on power and water, £4,100 on employing a cleaner, and £3,640 on insurance._ _9. We continue to support other causes and this year distributed a total of £14,538 compared with £12,982 in the previous year. Within this total giving from the General Fund amounted to £8,400 compared with £8,605 in 2021/22._ _10. General Fund Mission spending – in addition to giving to other charitable organizations – amounted to £1,721 (compared with £2,622 in 2021/22). This included subscriptions of £927_ _11. Total General Fund income was £100,606 (£96,890 in 2021/22), and expenditure was £76,047 (£74,835 in 2022/22). This, together with the transfer of £7,500 to the Asian Congregation Fund, resulted in a General Fund balance of £99,012. This is above our reserves policy target of £50,000 and would remain so if we made an additional transfer to cover the deficit on the Asian Congregation Fund._ ## _**Monies for causes**_ _**12.** As part of the church’s mission, members gave £6,099 (including tax refund of £568) for other causes and from these gifts, and the small balance carried into the year, £6,139 was forwarded to the causes concerned._ ## _**Lunch Club and Teddy Tots**_ _13. Lunch Club has not resumed following covid; the balance on this fund is being held to provide for initial funding of any new similar venture. Teddy Tots had an income of £1,818 and expenditure of £289._ ## _**Asian Congregation**_ _14. The income from Asian congregation offerings (and £821 in Small Gift Tax Grant) totaled £4,105. Expenditure totaled £16,737. Thus the net cost of the congregation was about £1,000 a month. The main expenditure was on the employment (part time) of the congregation’s pastor; the church also paid some of the costs of the pastor undertaking ministerial training and the cost of some minor items of equipment. After the transfer of £7,500 from the General Fund the deficit on the Asian congregation fund at the end of the year was £15,594. The congregation also contributed to the giving to other causes reported above._ _Wbc2023_ ## _**The Fabric Fund**_ _15. Donations to the fund amounted to £4,720 (including Gift Aid of £608 and £1,623 [of which £480 was spent on clearing HQ] donated by BB from the balance on the closure of their accounts); expenditure was £20,127 including significant spend on boilers, the boiler room and other gas related work; work on electrics, repairing fencing, preparing the arch for reinstallation and work on the manse._ _16. As a result the Fabric Fund ended the year with a balance of £29,487._ ## _**Looking to the future**_ _17. My previous reports have highlighted the uncertainty surrounding any estimated figures for a future period. My previous report estimated (under stated assumptions) that we might end 2022/23 with an aggregate balance on the General, Fabric and Asian Congregation Funds of about £101,000. The comparison with the outturn of about £112,000 again illustrates this uncertainty._ _18. In summary the main reasons for the departure from budget were:_ - _Ministry costs were about £3,000 below the budget largely reflecting the cessation of pension deficiency payments from August_ - _Offerings and donations to the General Fund (including Gift Aid) were – reflecting increased giving by some members - about £3,000 over the budget of £39,000_ - _We received in memoriam gifts of £1,500_ - _There was a one-off donation of £1,623 to the Fabric Fund on the closure of the BB accounts._ - _Donations for use of our property were about £3,500 below budget; reflecting some reduction in the use of the premises._ - _Net investment income was about £5,000 above budget largely reflecting the very low maintenance costs and increase in interest from our savings account._ - _Mission expenditure was about £1,000 below budget_ _19. The budget below for 2023/24 is based on the following assumptions._ - _General Fund offerings (including Gift Aid) and donations remain at the 2022/23 level._ - _Donations (including Gift Aid) to the Fabric Fund remain roughly at the 2022/2023 level excluding the one- off donation from the BB._ - _For income from the use of our premises a range has been used. The higher figure assumes continuation of the present level of usage while the lower figure assumes decreased use – quantified by assuming that, given the low numbers currently attending and the expectation that competition will increase, the nursery will discontinue after the summer term._ - _Estimated gross investment income is based on full occupation at present rent levels. Following the quinquennial review maintenance costs this year are expected to be considerably above the typical average of about £6,000: a range of about £27,000 to £32,000 has been used. On this basis net income will be between £2,000 and £7,000._ - _Ministry expenditure is based on 2022-23 levels, excluding pension deficiency payments, with an allowance for further inflation later in the year._ - _A continuation throughout the year of the net cost of £1,000 per month for the Asian congregation._ - _A slight increase in mission costs other than giving to other organizations from the General Fund._ - _Repetition of the 2022-23 level General Fund giving to other organizations_ - _Based largely on the recommendations of the quinquennial review, the Fabric Fund budget is put at £20- £25,000. Expenditure from this fund can vary substantially from year to year as needs arise._ - _A slight increase in other establishment costs._ _Wbc2023_ _20. On that basis the following is a broad budget for 2023/23 £_  _General Fund Income from offerings (including Gift Aid) and donations: 42,000_  _Donations to Fabric Fund (including Gift Aid): 2,500_  _Donations for use of church premises: 14 -21,000_  _Net investment income: 2-7,000_  _Net cost of Asian Congregation (12,000)_  _Ministry costs: (46,500)_  _Mission, including donations to other organisations from General Fund: (12,000)_  _Fabric Fund spend (20-25,000)_  _Other Establishment spend (19,000)_ - _Deficit_ _(37-54,000)_ _With a transfer of £7,500 from the General Fund to the Asian Congregation Fund, the above budget would imply broadly the following balances at the end of the year:_ _General Fund: £69-86,000 Fabric Fund: £7-12,000 Asian Congregation Fund: - £20,000 ………… Total (of these funds) £59-76,000_ _25. There can be no guarantee that the outturn for 2023/24 will be within the, quite wide, range of the budget which is primarily intended to give an indication of our broad financial position. They, of course, take no account of, eg, the possibilities that:_ - _decisions are taken to change our ministry or mission in ways which significantly affect expenditure;_ - _our membership or congregation changes in ways which significantly affect our income;_ - _Fabric Fund expenditure, which can vary substantially from year to year, differs from the budget because of, eg:_ - _the uncertainty in the estimates for some of the work,_ - _the possibility that we will be unable to progress all the planned Fabric Fund projects (which would simply defer expenditure into 2024-25), and_ - _the possibility that needs will arise for new, unexpected, work;_ - _Expenditure on the investment properties differs – for similar reasons – from the budget figure_ - _Tasawer finds a pastorate before the end of the year and/or the Asian congregation decides to cease being part of our church._ _27. Given the uncertainty in any estimates of future income and expenditure, these figures confirm our reliance on income from investments (the significant deficit in the budget is to a large degree a result of the expectation that substantial expenditure will be required on the investment properties) and organizations using our premises. They are consistent with the view that our activities are sustainable through 23/24; though at the pessimistic end of the budget we would be getting within striking distance of our balances falling to the £50,000 set as a minimum in our reserves policy. They are also consistent with the view that unless our income can be increased (eg through increased use of our premises by outside organization or increased giving by our congregations) our activities are not_ _Wbc2023_ _sustainable in the long term: i.e. we could not sustain an annual deficit in the order of £15-20,000 (the deficit the budget would show with more normal net investment income) indefinitely._ _28. Neither the reserves policy nor this “budget” is intended to act as a tight constraint on our work. However, they do provide a context within which any additional expenditure, or indeed continued expenditure at present levels, must be considered._ ## _**Thanks**_ _29. The financial accounts reflect the financial commitment of the members of the Church community to the Church’s mission of “Making Jesus Known”. We are also grateful for the contribution many of our number make in other ways – working on the premises and contributing to the mission and ministry of the church – without which our expenses would be greater and, more importantly, our mission less effective._ _30. Last but by no means least, I thank the Finance team – Brenda Lambourne, Osa Osifo, and Rosemary Vosper - whose assistance has been essential to the smooth operating of, and accounting for, our financial affairs; and especially Bryan Johnson and Sue De Boeck for auditing the Church accounts._ _Denis Allnutt_ _Treasurer_ _Wbc2023_ Wbc2023 Wbc2023 WHITTON BAPTIST CHURCH (St. Margaret’s Memorial) Hounslow Road, Whitton, TW2 7BZ Registered Charity No. 1128868 ACCOUNTS AND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5[TH] APRIL 2023 1 ## Legal Information The Church is a registered charity – No. 1128868 . The Church, including the Halls and Manse, is held on the Baptist Union Model Trusts for Church 2003, declared on the 16th December 2008, subject to Section 6 of the Baptist and Congregational Trust Act 1951, which amended the original 14 February 1881 Trust Deed that is still the original Trust Deed for the Church. The shops, 27, 29, 31 & 33 Hounslow Road were originally purchased in 1930 as part of the whole church site but were subsequently purchased by the London Baptist Property Board Ltd,(LBPB) as an investment, The Church has since bought them and they are now held, as an investment, under trusts declared on 16 December 2008. ## Trustees The following were trustees during the year covered by this statement. Mr Denis Allnutt Mr Robin Gammon (from 20/11/22) Mr Peter Boulter Mrs Osa Osifo Miss Sheila Collins Miss Brenda Lambourne Rev Gordon Hindmarch Ms Ruby Olivier ## Independent examination These accounts have been independently examined by Bryan Johnson and Mrs Sue De Boeck and their report is attached. ## Financial Policy It is the Church’s policy that where money is received for specific purposes (e.g. Missionary or other causes or special appeals) that money is designated for those causes alone, i.e. they are "Restricted Funds". If for any reason it is not possible to apply the money for that purpose it will be applied for a purpose as near as may be to the original purpose for which it was given or, with the donor's consent, allocated to another purpose, or as a last resort used for general Church purposes. All appeals are deemed to be subject to this Policy. The accounts have been prepared on an Accrual and Prepayment basis. No revaluation has been made in respect of the premises 27/33 Hounslow Road, which are included at historic cost which in the opinion of the managing trustees remains a realistic amount. The value of the church premises – including halls and manse – is included in the accounts, as inalienable resource, at the insurance value as at December 2022. The significant cost of obtaining a professional valuation would be onerous compared with the additional benefit that would be gained by users of the accounts. 2 ## WHITTON BAPTIST CHURCH ## STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 5 APRIL 2023 ||**Notes**|**Unrestricted**|**Designated**|**Restricted**|**Inalienable**|**Total**|**_Total_**| |---|---|---|---|---|---|---|---| |||||||**2022/23**|**_2021/22_**| |||**£**|**£**|**£**|**£**|**£**|**_£_**| |**Incoming Resources**|||||||| |Voluntary Income|2|43,594.19|8,824.66|6,098.65|0.00|58,517.50|_51,205.54_| |Investment Income|3|36,009.31|0.00|0.00|0.00|36,009.31|_33,698.37_| |Incoming resources from|||||||| |charitable activities|4|21,002.51|1,836.73|0.00|0.00|22,839.24|_25,267.30_| |Other incoming resources|5|0.00|0.00|0.00|0.00|0.00|_1,070.00_| |||-----------------------------------------------------------------------------------|||||-----------------------| |Total incoming resources||**100,606.01**|**10,661.39**|**6,098.65**|**0.00**|**117,366.05**|_111,241.21_| |||-----------------------------------------------------------------------------------|||||----------------| |**Resources expended**|||||||| |Costs of generating funds|6|3,459.41|0.00|0.00|0.00|3,459.41|_2,364.80_| |Charitable activities|7|72,587.37|37,152.92|6,138.50|0.00|115,878.79|_103,830.69_| |Governance Costs|8|0.00|0.00|0.00|0.00|0.00|_0.00_| |Other resources expended|9|0.00|0.00|0.00|0.00|0.00|_0.00_| |||------------------------------------------------------------------------------------|||||----------------| |Total resources expended|10|**76,046.78**|**37,152.92**|**6,138.50**|0.00|**119,338.20**|_106,195.49_| |||------------------------------------------------------------------------------------|||||----------------| |**Net incoming resources**|||||||| |**before transfers**||24,559.23|-26,491.53|-39.85|0.00|-1,972.15|_5,045.72_| |Gross inter fund transfers|13|-7,500.00|7,500.00|0.00|0.00|0.00|_0.00_| |||------------------------------------------------------------------------------------|||||----------------| |Net incoming resources||17,059.23|-18,991.53|-39.85|0.00|-1,972.15|_5,045.72_| |Revaluation gains*|14|0.00|0.00|0.00|377,823.00|377,823.00|_270,846.00_| |Gains and losses**|15|0.00|0.00|0.00|0.00|0.00|_0.00_| |Pension scheme deficit****|||||33,100.00|33,100.00|_26,200.00_| |||------------------------------------------------------------------------------------|||||----------------| |**Net movement in funds**||17,059.23|-18,991.53|-39.85|410,923.00|408,950.85|_302,091.72_| |**Total Funds brought forward*****||231,953.07|42,649.08|38.42|3,875,848.00|4,150,488.57|_3,848,396.85_| |||------------------------------------------------------------------------------------|||||----------------| |**Total funds carried forward*****||249,012.30|23,657.55|-1.43|4,286,771.00|4,559,439.42|_4,150,488.57_| |Of Which: Current Assets||99,012.30|23,657.55|-1.43|0.00|122,668.42|_124,640.57_| |Fixed Assets/Investments||150,000.00|||4,286,771.00|4,436,771.00|_4,025,848.00_| * On fixed assets for the church's own use; the figure shown here reflects the increased insurance value of church premises ** On revaluations and disposals of investment assets ***Net Assets **** The change in the church's portion of the deficit on the defined benefit Baptist Pension scheme has been shown in the inalienable column as we do not envisage paying it off unless those funds are released. 3 ## WHITTON BAPTIST CHURCH ## BALANCE SHEET 5 APRIL 2023 |BALANCE SHEET 5 APRIL 2023|||||| |---|---|---|---|---|---| ||**Notes**|**2022/ **|**2023**|**2021/ **|**2022**| |||**£**|**£**|**£**|**£**| |Tangible Fixed Assets|17|4,286,771.00||_3,908,948.00_|| |Investments|18|150,000.00||_150,000.00_|| ||||-----------------||-----------------| ||||4,436,771.00||_4,058,948.00_| |Current Assets|||||| |Stocks|19|0.00||_0.00_|| |Debtors|20|9,744.30||_10,348.85_|| |Investments|21|0.00||_0.00_|| |Bank and cash|22|114,006.44||_116,213.93_|| |||-----------------||-----------------|| |||123,750.74||_126,562.78_|| |||----------------------||----------------------|| |Current liabilities|||||| |Creditors: amounts falling due within one year|23|1,082.32||_1,922.71_|| |||----------------------||----------------------|| |Net Current Assets|||122,668.42||_124,640.07_| |Creditors: amounts due after more than one year|24||0.00||_0.00_| ||||----------------------||----------------------| |Net Assets excluding pension liability|||4,559,439.42||_4,183,588.07_| |Pension liability|||0.00||_-33,100.00_| ||||----------------||----------------| |Net assets after pension liability|||4,559,439.42||4,150,488.07| |Charitable Funds|||||| |Endowment|25||4,286,771.00||_3,908,948.00_| |Restricted|26||-1.43||_38.42_| |Designated|27||23,657.55||_42,649.08_| |Unrestricted: Fixed and Investment Assets|||150,000.00||_150,000.00_| |Unrestricted: Other Net Assets|||99,012.30||_81,953.07_| |Pension deficit|||0.00||_-33,100.00_| ||||----------------------||----------------| ||||4,559,439.42||_4,150,488.57_| ||||-----------------||----------------| The notes on pages 5 to 12 form an integral part of these accounts 4 ## **1. ACCOUNTING POLICIES** ## **Basis of preparation** The accounts are prepared in accordance with the Accounting Regulations set out under the Charities Act 1993, and with the FRSSE 2015. ## **Donations** Donations are accounted for gross when received (i.e. including any tax reclaimable under Gift Aid which is entered at the best estimate available of that amount). ## **Legacies** Legacies and in memoriam gifts are accounted for when their receipt is certain and they can be properly quantified. ## **Investment income** Investment income is accounted for in the year in which it is receivable. ## **Fund raising and publicity costs** The Church has not made formal appeals for funds that involve fund raising expenditure. Expenditure on publicity for services of public worship and other events is regarded as expenditure related to church work. ## **Grants payable** The Church makes grants to other organizations whose charitable objectives complement its work. They are accounted for in the year in which they are paid. ## **Governance Costs** This represents direct expenditure on the governance of the church. Volunteers carry out much of the management without charge. This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service. ## **Fixed Assets** The church premises, including the halls and manse, have been included at the insurance value as at December 2022. The significant cost of obtaining a professional valuation would be onerous compared with the additional benefit that would be gained by users of the accounts. As the church is not free to realize and reallocate the value of these assets they have been included in the accounts as inalienable funds. The shops – which are investment assets - are included at historic cost; in the opinion of the management trustees this is a realistic amount. No value has been included for furniture and fittings, because all items have been (or would have been if the depreciation policy had applied at the time) written off under the depreciation periods noted below. The replacement cost, as estimated for insurance purposes, would be £220,000 although we believe the realizable value would be very much less. ## **Depreciation** Maintenance of the buildings is treated as current expenditure as it arises and depreciation is not charged on the church’s premises because, in the opinion of the Trustees, their residual value is not less than the book value. Small items costing less than £1000, fixed items which would be damaged by removal, and computer software are written off in the year of purchase and depreciation is not charged on these. Depreciation on other assets purchased is calculated, to write off the cost on a straight line basis over their expected useful life, at the following rates Furniture and fittings: 10% Copiers, PA equipment etc: 33% These Accounts were approved by the trustees on 5[th] November 2023 and signed on their behalf by Treasurer: Denis Allnutt Trustee: Sheila Collins ## **2 Voluntary Income** |**2 Voluntary Income**||||||| |---|---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |Offerings|34,618.84|3,283.68|450.12||38,352.64|_35,986.69_| |Donations for church funds|293.50|4,112.56|||4,406.06|_2,685.00_| |Donations for other organisations|||5,081.00||5,081.00|_3,660.00_| |Tax refunds|7,181.85|1,428.42|567.53||9,177.80|_8,873.85_| |Legacies|1,500.00||||1,500.00|_0.00_| ||------------------------------------------------------------------------------------|||||----------------| |Total|43,594.19|8,824.66|6,098.65|0.00|58,517.50|_51,205.54_| ||------------------------------------------------------------------------------------|||||----------------| _a) The restricted offerings are loose offferings at particular services which are allocated to oher causes_ _b) The designated offerings are offerings at the Asian Congregation services_ _c) The designated donations are for the fabric fund and include £1622.56 from the closing of BB_ _d) The designated tax refunds are for the Fabric Fund (£607.5) and the Asian Congregation (£820.92)_ _e) The restricted tax refunds are refunds in respect of donations for other organisations_ _f) The donations received for other organisations included £1,100 from the closure of BB and are set out in more detail are set out in more detail in note 11_ _g) The tax refunds include £1,666.80 under the small donations scheme_ ## **3 Investment Income** |**3 Investment Income**||||||| |---|---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |Interest received|1,544.23||||1,544.23|_59.82_| |Rent from 27/33 Hounslow Road|25,682.44||||25,682.44|_24,930.80_| |Income from Gospel Hall|8,782.64||||8,782.64|_8,707.75_| ||---------------------------------------------------------------------------------------------------------------------|||||----------------| |Total|36,009.31|0.00|0.00|0.00|36,009.31|_33,698.37_| ||------------------------------------------------------------------------------------|||||----------------| _a) The interest received includes interest on deposits with COIF Charities Deposit Fund, and LBPB_ _b) All of the shops were let throughout the year; the rents were increased from September_ _c) The Church receives the rent of the Gospel Hall subject to the terms of the Trust Deed_ ## **4 Incoming resources from charitable activites** ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |---|---|---|---|---|---|---| |Trading income|21,002.51|1,836.73|||22,839.24|_25,267.30_| |Fund raising events|||||0.00|_0.00_| ||------------------------------------------------------------------------------------|||||----------------| |Total|21,002.51|1,836.73|0.00|0.00|22,839.24|_25,267.30_| ||------------------------------------------------------------------------------------|||||----------------| _a) The designated trading income related to Teddy Tots (and £19.13 to Lunc Club)_ _b) The unrestricted trading income was from users of church premises and tea and coffee at services_ ## **5 Other incoming resources** _None on 2022-23; in 2021-22 there was an insurance contribution of £1070, allocated to the Fabric Fund, towards repair of stained glass window._ ## **TOTAL INCOMING RESOURCES** Unrestricted Designated Restricted Inalienable Total 2022/23 _Total 2021/22_ **100,606.01 10,661.39 6,098.65 0.00 117,366.05** _111,241.21_ 7 |**6 Costs of Generating Funds**||||||| |---|---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |Cost of 27/33 Hounslow Road|1,434.06||||1,434.06|_1,259.55_| |Cost of Gospel Hall|2,025.35||||2,025.35|_1,105.25_| ||------------------------------------------------------------------------------------|||||----------------| ||3,459.41|0.00|0.00|0.00|3,459.41|_2,364.80_| ||------------------------------------------------------------------------------------|||||----------------| _These costs comprise_ _Insurance costs of £2,149 - these are reimbursed by the tenants- the income is included in the rent figures at note 3_ _Survey and repair costs of £1,310_ ## **7 Costs of activities in furtherance of the church's objectives** ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |---|---|---|---|---|---|---| |Ministry|44,729.47||||44,729.47|_46,150.88_| |Mission|10,121.28|17,025.56|6,138.50||33,285.34|_31,735.55_| |Establishment|17,736.62|20,127.36|||37,863.98|_25,944.26_| ||----------------------------------------------------------------------------------------------------------------------|||||----------------| ||72,587.37|37,152.92|6,138.50|0.00|115,878.79|_103,830.69_| ||------------------------------------------------------------------------------------|||||----------------| _The nature of some of these expenditures is shown in more detail in Notes 10,11,12 and 16 Ministry expenditure is primarily the costs of the minister, manse and pulpit supply Mission expenditure includes grants to other organisations, detailed in Note 11, the costs of the Asian congregation; and non-ministry, non-establishment costs associated with the work of the church; and Teddy Tots. Lunch Club is usually included here but did not operate in 2022-23 Establishment costs are essentially the costs of maintaining and heating our buildings_ _The designated costs are fabric fund spend on the church premises and include significant spend on boilers, the boiler_ _room and other gas related work, work on electrics, fence repair, preparing the arch for reinstallation, and the man The largest items of general fund establishment expenditure are £4,183 on employing a cleaner, £6,666 for electricity, gas and water, and £3,640 on insurance_ ## **10 Total resources expended** |**10 Total resources expended**|||||| |---|---|---|---|---|---| ||Charitable|Grant|Support|Total 2022/23|_Total 2021/22_| ||Activities|Funding|Costs||| |Ministry|44331.83||397.64|44,729.47|_46,150.88_| |Mission|17,514.31|14,538.50|1,232.53|33,285.34|_31,735.55_| |Establishment|37,863.98|||37,863.98|_25,944.26_| |Cost of generating funds|3,459.41|||3,459.41|_2,364.80_| |Governance costs|0.00|0.00|0.00|0.00|_0.00_| ||-------------------------------------------------------------------------------------------------------------------||||----------------| ||103169.53|14,538.50|1,630.17|119,338.20|_106,195.49_| ||-----------------------------------------------------------------------------------------------------------------||||----------------| 8 ## **11 Grants payable** |**11 Grants payable**|||||||| |---|---|---|---|---|---|---|---| ||B/fwd|Received|Paid|Grant from|Total Grant|C/fwd|_Grant Paid_| ||Rstrd|Restricted|Restricted|Church Funds|Paid 2022/23||_2021/22_| |H M F|2.01|185.00|150.00|2,600.00|2,750.00|37.01|_2,830.00_| |B M S Birthday Scheme|-0.60|540.00|610.00||610.00|-70.60|_555.00_| |B M S Donations|12.33|0.00|12.00|4,000.00|4,012.00|0.33|_3,930.00_| |SPEAR|-20.00|40.00|40.00|200.00|240.00|-20.00|_20.00_| |Christmas Appeal|15.00|1,223.65|1,224.00||1,224.00|14.65|_1,050.00_| |Leprosy Mission|-1.08|177.50|100.00|200.00|300.00|76.42|_270.00_| |TEAR Fund|0.00|0.00|0.00|400.00|400.00|0.00|_400.00_| |Bible Society|-0.49|185.00|150.00|200.00|350.00|34.51|_350.00_| |Pakistan|31.25|1,173.75|1,203.75||1,203.75|1.25|_620.00_| |Turkey|0.00|1,388.75|1,463.75||1,463.75|-75.00|_375.00_| |Ukraine|0.00|75.00|75.00||75.00|0.00|_2,307.50_| |Other|0.00|1,110.00|1,110.00|800.00|1,910.00|0.00|_275.00_| ||---------- ------------------------------------------------------------------------------------||||||----------------| |Total|38.42|6,098.65|6,138.50|8,400.00|14,538.50|-1.43|_12,982.50_| ||---------- ------------------------------------------------------------------------------------||||||----------------| ||_The payments of these grants_||_are included_|_under Mission in_|_notes 7 and 10_||| _The restricted sums received combine donations received for passing to other organisations, and the related gift aid tax relief, both shown in note 2_ _The amounts carried forward represent restricted donations, and related tax relief, not yet forwarded The Christmas Appeal was split equally between Shelter Box and Crisis at Christmas_ _The "other" restricted income was £1,100 from BB and a £10 donation for LCM. The "other" restricted payments were £500 to West London BB, £300 to Shooting Star and £300 to Gt Ormond Street (all at request of BB) and £10 to LCM The "other" donations from general church funds were £500 to London City Mission; and £100 to each of Hope Now, Barnabus Fund and Blind Veterans UK_ ## **12 Support Costs** |**12 Support Costs**||||||| |---|---|---|---|---|---|---| ||Unrestricted|Designated|Restricted|Inalienable|Total 2022/23|_Total 2021/22_| |Postage, phones|397.64||||397.64|_427.46_| |Stationery|230.08||||230.08|_196.51_| |Other (mostlysubscriptions)|1,002.45||||1,002.45|_1,866.36_| ||------------------------------------------------------------------------------------|||||_----------------------_| ||1,630.17|0.00|0.00|0.00|1,630.17|_2,490.33_| ||------------------------------------------------------------------------------------|||||----------------| ## **13 Gross transfers between funds** £7,500 was transferred from the General Fund to the Asian Congregation Fund ## **14 Gains and losses on revaluations of fixed assets for church's own use** None **15 Gains and losses on revaluations and disposals of investment assets** There are no gains or losses recorded here; in the opinion of the management trustees the historic cost, £150,000, remains a realistic value 9 **16 Staff costs and Trustee expenses** ||2022/23|_2021/22_| |---|---|---| |Gross salaries|50,897.53|_49,127.04_| |Employer's national insurance|0.00|_0.00_| |Employer's pension contributions|4,770.87|_4,602.96_| |Employer's pension deficiency payments|1,453.76|_4,290.12_| |Other costs|4,946.41|_4,663.63_| ||----------------|----------------| |Total|_62,068.57_|_62,683.75_| ||----------------|----------------| _The other costs recorded here are the costs of the manse council tax, water, insurance, and maintenance_ _The average number of employees during the year was 1.59_ _No employee received emoluments in excess of £60,000 during 2022/23 (2021/22 none) One Trustee, who was also an employee, lived in housing wholly owned by the church No sums were reimbursed to the Trustees for their work as trustees during 2022/23 (2021/22 none)_ _The Church pays pension contributions for its Minister to the, multi-employer, Baptist Pension Scheme, which is described at note 29 below; and for the leader of the Asian congregation to TPT Retirement Solutions_ ## **17 Tangible Fixed Assets** The book value of the church's endowment premises has been increased,following the insurance valuation, by £377,823 to £4,286,771 ## **18 Investments** ||2022/23|_2021/22_| |---|---|---| |6th April 2022|150,000.00|_150,000.00_| |Additions|0.00|_0.00_| |Disposals|0.00|_0.00_| |Gains and losses|0.00|_0.00_| ||----------------|----------------| |5th April 2023|150,000.00|_150,000.00_| ||----------------|----------------| _The investments recorded here are the shops at 27/33 Hounslow Road which the church owns as as an investment; using the rental income to part fund its charitable activities. They are valued at historic cost; in the opinion of the managing trustees this remains a realistic amount._ ## **19 Stocks** The church does not hold material stocks of goods 10 ## **20 Debtors** ||5th April 2023|_5th April 2022_| |---|---|---| |Tax refund|9,177.80|_8,873.85_| |Other|566.50|_1,475.00_| ||----------------|----------------| |Total|9,744.30|_10,348.85_| ||----------------|----------------| ## **21 Investments** The chuch does not hold short term non cash investments ## **22 Bank and cash balances** ## **23 Creditors: amounts falling due within one year** ||5th April 2023|_5th April 2022_| |---|---|---| |Bank Current Account|37,885.65|_41,609.91_| |LBPB Account|339.00|_334.58_| |COIF Account|75,781.29|_74,246.77_| |Cash|0.50|_22.67_| ||----------------------|----------------------| |Total|114,006.44|_116,213.93_| ||----------------|_----------------_| ||5th April 2023|_5th April 2022_| |HMRC|1,082.32|_1,922.71_| |Other|0.00|_0.00_| ||----------------------|----------------------| ||1,082.32|_1,922.71_| ||----------------------|----------------------| ## **24 Creditors: amounts falling due after more than one year** There are no amounts falling due after more than one year and there were none on 5th April 2022 ## **25 Endowment Funds** The chuch does not have any endowment funds; the value of the church property is recorded as inalienable as the church is not at liberty to sell this property ## **26 Restricted Funds** 06/04/2022 Incoming Resources 05/04/2023 Resources Expended Monies for other causes 38.42 6,098.65 6,138.50 -1.43 11 ## **27 Designated Funds** |**27 Designated Funds**|||||| |---|---|---|---|---|---| ||06/04/2022|Incoming|Resources|Transfers|05/04/2023| |||Resources|Expended||| |Teddy Tots|4,352.11|1817.60|288.84|0.00|5,880.87| |Community Lunch Club|3,864.18|19.13|0.00|0.00|3,883.31| |Fabric Fund|44,894.71|4,720.06|20,127.36|0.00|29,487.41| |Asian Congregation|-10,461.92|4,104.60|16,736.72|7,500.00|-15,594.04| ||---------------------------------------------------------------------------------------------------------------------||||| ||42,649.08|10,661.39|37,152.92|7,500.00|23,657.55| ||---------------------------------------------------------------------------------------------------------------------||||| _The Fabric Fund is devoted to major work on our premises including the manse The Lunch Club income is an adjustment on the closure of its petty cash holding_ ## **28 Analysis of net assets** |**28 Analysis of net assets**||||| |---|---|---|---|---| ||Fixed|Investment|Current|Total| ||Assets||Assets|| |Endowment Funds|4,286,771.00|||4,286,771.00| |Restricted Funds|||-1.43|-1.43| |Designated Funds|||23,657.55|23,657.55| |Unrestricted Funds||150,000.00|99,012.30|249,012.30| ||-------------------------------------------------------------------|||| |TOTAL|4,286,771.00|150,000.00|122,668.42|4,559,439.42| ||-------------------------------------------------------------------|||| 12 ## **29 Pensions** The Church is an employer particiapting in a pension scheme known as the Baptist Pension Scheme (the Scheme). The Scheme is a separate legal entity which is administered by the Pension Trustee (Baptist Pension Trust Ltd.). The Minister is in this Scheme. Benefits in respect of service prior to 1 January 2012 are provided through the Defined Benefit (DB) Plan within the scheme. The main benefits for pre-2012 service were a defined benefit pension of one eightieth of Final Minimum pensionable income for each year of Pensionable service, together with additional pension in respect of premiums paid on Pensionable income in excess of Minimum Pensionable Income. The Scheme, previously known as the Baptist Ministers' Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general members pay 8% of their Pensionable Income and employers pay 6% of members' Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Legal and General Life Assurance Society Ltd. In addition, the employer pays a further 4% of Pensionable Income (or 3% if the employer is in the segregated DC section) to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members in the event that they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva. Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%. A formal valuation of the DB Plan was performed at 31 December 2016 by a professionally qualified Actuary using the Projected Unit Method. The market value of the DB Plan assets at the valuation date was £219 million. The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £93 million (equivalent to a past service funding level of 70%). As a result of the valuation, in addition to the contributions to the DC Plan set out above, it was agreed that the standard rate of deficiency contributions from churches and other employers involved in the DB Plan will remain at previously agreed levels, oncreasing each year in line with increases in the Minimum stipend. Until July 2022 deficiency contributions based on 12% of Pensionable Income/Minimum were paid. From then deficiency payments were no longer needed and an administrative charge of £1 per month is being paid. These payments are recorded at note 16. 13 ## **Related charities** The custodian Trustee of the church is the London Baptist Property Board Ltd which is charity number 249768. The church is also a member of the Baptist Union of Great Britain and of the London Baptist Association. The church made donations to the Baptist Union Home Mission Fund as set out in note 11. ## **Appendix: Associated Organisations** ||B/fwd|Rec'd|Grants Rec.|Expenditure|C/fwd| |---|---|---|---|---|---| |Boys' Brigade|2,748.06|0.00||2,748.06|0.00| |Girls' Brigade|3,620.56|2,055.00||1,811.62|3,863.94| ||------------------------------------------------------------------------------------||||| ||6,368.62|2,055.00|0.00|4,559.68|3,863.94| ||-----------------------------------------------------------------------------------||||| _The amounts received by these organisations include subscriptions, and income for and from events to further their activities_ _Girls Brigade is a self supporting organisation operating under the aegis of the church. The Church makes no charge for the use of premises or facilities._ _Boys Brigade has closed and closed its accounts during the year. The remaining funds were transferred to the church - some were, by agreement with the Brigade, transferred to other charities (note 11)_ ## **Statement of Financial Activity in Respect of Associated Organisations** ||Unrestricted|Designated|Restricted|Inalienable|Total|_Total_| |---|---|---|---|---|---|---| ||||||_2022/23_|_2021/22_| ||£|£|£|£|£|_£_| |Income from Donors etc|2,055.00||||2,055.00|_1,306.40_| |Resources Used|4,559.68||||4,559.68|_1,175.52_| ||------------------------------------------------------------------------------------|||||----------------| |Net Incoming Resources|-2,504.68|0.00|0.00|0.00|-2,504.68|_130.88_| |Balances Brought Forward|6,368.62||||6,368.62|_6,237.74_| ||------------------------------------------------------------------------------------|||||----------------| |Balances Carried Forward|||||3,863.94|_6,368.62_| |**Consolidated Gross Receipts and Resources Used**||||||| ||Unrestricted|Designated|Restricted|Inalienable|Total|_Total_| ||||||_2022/23_|_2021/22_| ||£|£|£|£|£|_£_| |Incoming resources||||||| |Church|100,606.01|10,661.39|6,098.65|0.00|117,366.05|_111,241.21_| |Associated Organisations|2,055.00||||2,055.00|_1,306.40_| ||------------------------------------------------------------------------------------|||||----------------| |Total|102,661.01|10,661.39|6,098.65|0.00|119,421.05|_112,547.61_| |Resources Used||||||| |Church|76,046.78|37,152.92|6,138.50|0.00|119,338.20|_106,195.49_| |Associated Organisations|4,559.68||||4,559.68|_1,175.52_| ||------------------------------------------------------------------------------------|||||----------------| |Total|80,606.46|37,152.92|6,138.50|0.00|123,897.88|_107,371.01_| 14 ## WHITTON BAPTIST CHURCH ACCOUNTS FOR YEAR ENDED 5[TH] APRIL 2023 We confirm that in our opinion the attached accounts for the year specified above have been properly prepared from the records supplied, are in agreement therewith, and comply with the regulations. In connection with our examination no matter has come to our attention: - (1) which gives us reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 41 of the Charities Act 1993; and - to keep accounting records which accord with the accounting records; and - to comply with the accounting requirements of the ACT - have not been met; or - (2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Bryan Johnson Sue De Boeck Date 1[st] October 2023 24[th] October 2023 Occupation Retired Retired 13 Talbot Road 97 Constance Road Twickenham Whitton Middlesex Twickenham TW2 6SJ Middlesex TW2 7HX