ORDEN BAPTI
T CHURCH
TRU
TEE
UPIAUDIT
ED5AP
D ACCOUNTS
IL 2022
THEY
Ja¢ob Cave
Acc
QJUDta
Hood La8¢
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||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|