2022-04-05-accounts

ORDEN BAPTI T CHURCH TRU TEE UPIAUDIT ED5AP D ACCOUNTS IL 2022 THEY Ja¢ob Cave Acc QJUDta Hood La￿8¢

				Unrestricted	funds	Restricted	Total
				General Designated		funds	Funds
							2022
						R
income
Donations and llegacies
Regular Giving				126,302			126,302	109,139
Tax refunds				32,039			32,039	34,454
Mission targeted						16,482	16,482	1,882
Other gifts and donations				2,135			2,135	234
other income				612			612	5,394
Other trading activities
Use ofpremises				64,512			64,512	35,595
interest received				22			22	43
				225,622		16,482	242,104	186,741
Expenditure
CIhIaritablle activities
Direct costs			3	97,419			97,419	119,846
Reduction in pension		liability	10	(966)			(966)	(15,635)
Premises and Support		Costs		51,532		5,332	56,864	36,947
Totall expenditure				147,985		5,332	153,317
Met income I(expenditure)				77,637		11,150	88,787	45,583
Transfers between	funds			(16,911)	31,667	(14,756)
MET IMOVEiNEMY	IM	IFUMOS		60,726	31,667	(3,606)	88,787	45,583
ReconcNiation of	funds
Funds brought forward at5Aprill 2621			9	(8,823)	1,373,555	16,1?0	1,380,902	1,335,319
IFunds carried forward at5Aprill 2022			9	51,903	1,405,222	12,564	1,469,689	1 380902

		Unr~~ funds	Unr~~ funds	Reacted	Total
		General	Qesignated	funds	Funds
					202f
income
Donations and legacies
Regular Giving		109,139			109,139	'l12,885
Tax refunds		34,454			34,454	19,297
Mission targeted					1,882	5,963
Other gifts and donations		234			234
Gther i~come		5,394			5,394	8,889
GtiIer trading activities
Use ofpremises		35,595			35,595	35,472
interest received		43			43	1,269
		184,859		1,882	186,741	183,775
Expendliiture
Charitablle activities
Direct costs	3	119,846			119,846	144,314
Reduction in pension liability	10	(15,635)			(15,635)	(2,008)
Premises and Support Costs	4	36,947			36,947	43,621
Restricted funds and Mission Targeted						919
Totall expendliture		141,158			141,158
Net income / (expenditure)		43,701		1,882	45,583	(3,071)
Transfers between funds		(8,378)	8,378
MET lIGVEIMEMT IM IFUMDS		35,323	8,378	1,882	45,583	(3,071)
IReconcilliation offunds
IFundls brought forward at5Apriill 2626	9	44,146	1,365,177	14,288	1,335,319	1,338,390
IFundls carried forward at5Aprill 221I	9	8,823	1,373,555	16,170	1,380,902	1,335,319

AS AT5APRIL 2M2
FIXEGASSETS
Tangible fixed assets		1,604,000	1,590,000
CURIRENT ASSETS
Debtors		22,166	14,603
Cash at bank		86,952	38,879
LBPBDeposit		15,322	15,300
		124,440	68,782
CREGIITQRS
Amounts failing due within one year		(25,663)	(22,525)
MEY CUIRIRENT ASSETS		98,777	46,257
TQYAIL ASSETS LESSCUIRIRENT
LIABILIYIIES		1,702,777	1,636,257
PIRQVIISIIQMS	10	(24,800)	(30,400)
CIREGIIYQRS: AIIQUMYS FAILLIIMG GUE AFTER QME
VEAIR
LBPBloans	8	(208,288)	(224,955)
NEYASSEYS		1,469,689	1,380,902
FUMGS
Unrestricted		51,903	(8,823)
Unrestricted Designated		1,405,222	1,373,555
Restricted		12,564	16,170
TQTAL CHARITY FUMGS	9	1,469,689	1,380,902

		Unrestricted	Geslgnated	Resibricted	Totall	Total
		funds	funds	funds	2922	2921
			R	K		R
CJRS HMRC Grant						4,790
Other Income		612			612	604
		612			612	5,394
Girect costs
		Unacted	Gesignated	Restricted	Totall
		funds	funds	funds	2922
		R
Discipleship		759			759	719
Ministry expenses		78,141			78,141	97,693
Worship		990			990	1,469
Fellowship	and ministry	1,939			1,939	1,170
Missions and ministries		15,590			15,590	18,795
Total direct	costs	97,419			97,419

Staffcosts
					Totall	Totall
					2922	2921
						IE
Salaries and social security					68,074	86,700
Pension costs					7,253	7,167
					75,327	93,867
Number ofemployees
Key Management	Personnel	remuneration	including	social security and
pension costs					43,360

					Unrestricted	Gesignated	Restricted	Restricted	Total	Total
					funds	funds	fundls		2022	2021
									R	R
AV equipment										42
Bank charges					73				73	111
Church and manse		insurance			3,295				3,295	3,592
Church repairs	and	maintenance			16,694			5,332	22,026	2,490
Church utilities					10,087				10,087	10,667
Cleaning					246				246	456
Independent Examination Fees					1,890				1,890	1,890
IT - computers	and	hardware			1,390				1,390	S54
IT - support, backup		and software			740				740	241
Manse repairs	and	maintenance			2,560				2,560	286
Manse utilities					5,305				6,305	4,302
Ofhce equipment					127				127	26
Printing, stationery		and equipment			2,526				2,526	3,792
Professional services					2,312				2,312	5,218
Telephones, including			manse		3,287				3,287	2,890
Depreciation					1,000				1,000
Total premises	and	support costs			51,532			5,332	66,864	36,947
				Church Imanse:			IIIanse:		Garden
				and	Ihalllls 'I	Links	254	devellopment
					Avenue		Hlllllcross
							Avenue
Cost
At 6April 2021				500,000		685,000	505,000			1,590,000
Additions									15,000	15,000
At 5April 2022				500,000		585,000	505,000		15,000	1,605,000
Gepreciation
At 6 April 2021
Charge for the	year								1,000	1,000
At 6April 2022									1,000	1,000
Net BookValue	at 5April 2022			500,000		586,000	505,000		14,000	1,604,000
Net BookValue	at 5Apdl 2021			500,000		585,000	605,000			1,590,000

	Tax recoverable		9,899	7,179
	Prepayments and accrued income		12,267	7,424
			22,166	14,603
7	Creditor".IIalbIIIties falllling due within one year
	LBPBLoan		16,667	16,667
	Accruals and deferred	income	8,996	5,858
			25,663	22,525
8	Creditom: lliabillities failing due after one year
	LBPBLoan: repayment	due within:
	1 to2years		16,667	16,667
	2to 5years		50,000	60,000
	More than 5years		141,621	158,288
			208,288	224,955

		Ballance at	Movement	Movement	In resources	Balance at	Balance at
		6Aprill 202%	income	ExpenditureJTfr		6April	2022
					R	lr
Education Fund		721					746
Mission Targeted		1,307					1,307
Stair Lift		111					111
Zim Kids		18			(18)
Ivy Huxter Memorial	Bible	2,182					2,182
Leisure Day - Minibus Fund		1,507					1,607
Leisure Day		2,845					2,845
Soul Survivor		1,538					1,638
Grace Room Blinds		81					81
Bequest (purpose to	be agreed)	2,000					2,000
Spurgeon's College		247					247
Prayer room
Garden project		3,613	13,957		(17,570)
Church kitchen equipment			2,500		2,500
		16,170	16,482		(20,088)

The key assumptjons	underlying	the valuation	were as follows:
Type ofassumption				%pa
RPI price inflation assumption				3.20
CPI price inflation assumption				2.70
Minimum Pensionable	Income	increases (CPI plus 1.0%pa)		3.20
Assumed investment	returns
-Pre-retirement				2.96
-Post retirement				1.70
Deferred pension increases
-Pre April 2009				3.20
-Post April 2009				2.50
Pension increases
-Main Scheme pension				2.70

Liability brought forward		30,400	49,145
Deficiency contributions	paid in year	(5,147)	(4,146)
Interest cost Remaining change to balance sheet liability '		513 966	1,036 15,635
Liability atyear end		24,800	30,400

Within one year	Within one year	1,805	2,355
Within two to	five years	406	1,805
Over 5years			406
			4,566
The operating	lease charges forthe year were:
Hire ofcomputer equipment		2,355	2,355