| Trustees | Linda Artus | |||||
|---|---|---|---|---|---|---|
| Barbara Etheridge | Church Secretary | |||||
| Doug Etheridge | Church Treasurer | |||||
| Carol Fox | ||||||
| Roger Hughes | ||||||
| Andrew Jackson (Revd) | Minister | |||||
| Julie Jackson-Hales | Chair of Finance | |||||
| Mark Jeffreys | Chair of Fabric | |||||
| Brian Leech | ||||||
| John Newby | ||||||
| Non Trustees | ||||||
| Charity | number | 1129832 | ||||
| Registered | Address | College Road | ||||
| Harrow | ||||||
| HA1 1BA | ||||||
| Banks | Barclays Bank | Triodos Bank | ||||
| Station Road | Deanery Road | |||||
| Harrow | Bristol | |||||
| HA1 2AW | BS15AS | |||||
| Independent | examiner | Nicholas Corden, | ||||
| Summers Morgan |
||||||
| First Floor, Sheraton | House, | |||||
| Lower Road | ||||||
| Chorleywood | Herffordshire | |||||
| WD3 5LH | ||||||
| Investment | management | Rathbone Investment |
Management Limited |
|||
| 1 Curzon Street | ||||||
| London | ||||||
| W1J 5FB | ||||||
| Property | management |
| Current financial year | Current financial year | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
| funds | funds | funds | ||||||
| general | designated | |||||||
| Notes | 2022 8 |
2022 | 2022 6 |
2022f | 2021 8 |
|||
| Income from: | ||||||||
| Donations and legacies |
72,105 | 198 | 6,614 | 78,917 | 90,913 | |||
| Charitable activities |
35,801 | 2,476 | 38,277 | 18,304 | ||||
| Investments | 38,761 | 38,761 | 42,608 | |||||
| Total income | 146,667 | 198 | 9,090 | 155,955 | 151,825 | |||
| Ezggg(IIIgre on: Raising funds |
6 | 12,818 | 12,818 | 10,844 | ||||
| Charitable activities |
7 | 200,248 | 537 | 8,269 | 209,054 | 203,251 | ||
| Total expenditure | 213,066 | 537 | 8,269 | 221,872 | 214,095 | |||
| Net gains/(losses) | on investments | 12 | (32,405) | (32,405) | (15,120) | |||
| Net (outgoing)/incoming before transfers |
resources | (98,804) | (339) | 821 | (98,322) | (77,390) | ||
| Gross transfers between |
funds | (79) | 79 | |||||
| Net movement in |
funds | (98,883) | (260) | 821 | (98,322) | (77,390) | ||
| Fund balances at 1 January 2022 | 3,182,385 | 19,271 | 2,291 | 3,203,947 | 3,281,337 | |||
| Fund balances at | 31 December | 2022 | 3,083,502 | 19,011 | 3,112 | 3,105,625 | 3,203,947 |
| Prior financial | year | year | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Restricted | Total | |||||
| funds | funds | funds | ||||||
| general | designated | |||||||
| Notes | 2021f | 2021 | 2021 8 |
2021 | ||||
| Income from: | ||||||||
| Donations and |
legacies | 88,199 | 527 | 2,187 | 90,913 | |||
| Charitable activities |
17,934 | 370 | 18,304 | |||||
| Investments | 42,608 | 42,608 | ||||||
| Total income | 148,741 | 527 | 2,557 | 151,825 | ||||
| E~Cht | ||||||||
| Raising funds | 6 | 10,844 | 10,844 | |||||
| Charitable activities |
7 | 198,045 | 579 | 4,627 | 203,251 | |||
| Tots Iexpenditure | 208,889 | 579 | 4,627 | 214,095 | ||||
| Net gains/(losses) | on investments | 12 | (15,120) | (15,120) | ||||
| Net (outgoing)/incoming | resources before | transfers | (75,268) | (52) | (2,070) | (77,390) | ||
| Net movement | in | funds | (75,268) | (52) | (2,070) | (77,390) | ||
| Fund balances | at 1 January | 2021 | 3,257,653 | 19,323 | 4,361 | 3,281,337 | ||
| Fund balances | at | 31 December 2021 | 3,182,385 | 19,271 | 2,291 | 3,203,947 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | g | 6 | |||||||
| Fixed assets | |||||||||
| Tangible assets | 14 | 1,934,513 | 1,945,035 | ||||||
| Investment property |
15 | 435,000 | |||||||
| investments | 16 | 608,958 | 647,991 | ||||||
| 2,543,471 | 3,028,026 | ||||||||
| Current assets | |||||||||
| Debtors | 18 | 16,149 | 13,998 | ||||||
| Investments | 19 | 542,045 | 143,902 | ||||||
| Cash at bank and in | hand | 22,339 | 35,518 | ||||||
| 580,533 | 193,418 | ||||||||
| Creditors: amounts | falling due within | ||||||||
| one year | 20 | (8,379) | (17,497) | ||||||
| Net current assets | 572,154 | 175,921 | |||||||
| Total assets less current liabilities | 3,115,625 | 3,203,947 | |||||||
| Creditors: amounts | falling due after | ||||||||
| more than one year | 21 | (10,000) | |||||||
| Net assets | 3,105,625 | 3,203,947 | |||||||
| Income funds | |||||||||
| Restricted funds | 23 | 3,112 | 2,291 | ||||||
| Unrestricted funds |
—designated | 19,011 | 19,271 | ||||||
| funds- | n | ral | |||||||
| Designated funds |
19,011 | 19,271 | |||||||
| General unrestricted |
funds | 3,064,491 | 3,163,114 | ||||||
| 3,083,502 | 3,182,385 | ||||||||
| 3,105,625 | 3,203,947 | ||||||||
| The financial statements | were approved | by the Trustees | 2pz. ,s on%.A..'...(W... |
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| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| g | ||||
| Other coffee | mornings | 1,861 | 370 | |
| Lunches | and | suppers | 430 | 329 |
| Hall bookings | 35,340 | 17,535 | ||
| Christmas | activities | 25 | ||
| Other | 621 | 70 | ||
| 38,277 | 18,304 | |||
| Analysis | by | fund | ||
| Unrestricted | funds - general | 35,801 | 17,934 | |
| Restricted | funds | 2,476 | 370 | |
| 38,277 | 18,304 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| general | general | ||
| 2022 | 2021 | ||
| 5 | 5 | ||
| Rental | income | 8,400 | 18,905 |
| Income | from listed investments | 18,279 | 18,448 |
| Interest | receivable | 12,082 | 5,255 |
| 38,761 | 42,608 |
| Unrestricted | Unrestricted |
|---|---|
| funds | funds |
| general | general |
| 2022 | 2021 |
| F | 5 |
| 6 | Raising funds | Raising funds | (Continued) | ||||
|---|---|---|---|---|---|---|---|
| Costs incurred | for | activities | |||||
| Rental property | costs and other charges | 7,604 | 5,685 | ||||
| Investment management costs |
5,214 | 5,159 | |||||
| 12,818 | 10,844 | ||||||
| 7 | Charitable activities |
||||||
| Charitable | Charitable | ||||||
| Activities | Activities | ||||||
| 2022 | 2621 | ||||||
| 6 | |||||||
| Staff costs | 63,292 | 66,152 | |||||
| Depreciation | and | impairment | 14,525 | 15,867 | |||
| Ministry | 44,079 | 47,429 | |||||
| Visiting ministers |
1,210 | 650 | |||||
| Organist/pianist | 2,800 | 1,100 | |||||
| Mission | 5,098 | 3,282 | |||||
| Fees | 2,786 | 1,095 | |||||
| Insurance | 8,115 | 9,505 | |||||
| Office costs | 3,303 | 2,551 | |||||
| Maintenance | 19,166 | 9,925 | |||||
| Heating and |
light | 14,001 | 11,478 | ||||
| Other | 3,824 | 8,653 | |||||
| 182,199 | 177,687 | ||||||
| Grant funding | ofactivities (see note 8) | 16,806 | 14,536 | ||||
| Share ofsupport costs (see note 9) | 5,849 | 6,828 | |||||
| Share ofgovernance | costs (see note 9) | 4,200 | 4,200 | ||||
| 209,054 | 203,251 | ||||||
| Analysis by |
fund | ||||||
| Unrestricted | funds | —general | 200,248 | 198,045 | |||
| Unrestricted | funds | - designated | 537 | 579 | |||
| Restricted funds |
8,269 | 4,627 | |||||
| 209,054 | 203,251 |
| Charitable | Charitable | ||||||
|---|---|---|---|---|---|---|---|
| Activities | Activities | ||||||
| 2022 | 2021 | ||||||
| 6 | |||||||
| Grants to | institutions: | ||||||
| Baptist World Mission (BMS) | 4,550 | 4,472 | |||||
| Home Mission | 4,103 | 4,085 | |||||
| Biblelands | 2,500 | 1,766 | |||||
| St Lukes | Hospice | 2,500 | |||||
| Other (Ukraine Support) | 3,345 | 1,713 | |||||
| Other | 2,308 | ||||||
| 16,806 | 14,536 | ||||||
| Support | costs | ||||||
| Support | Governance | 2022 | Support | Governance | 2021 | ||
| costs | costs | costs | costs | ||||
| 8 | 8 | 6 | f | ||||
| Office Costs | 4,052 | 4,052 | 4,683 | 4,683 | |||
| Cleaning | Contract | 1,797 | 1,797 | 2,145 | 2,145 | ||
| Audit fees | 2,040 | 2,040 | 2,040 | 2,040 | |||
| Accountancy | 2,160 | 2,160 | 2,160 | 2,160 | |||
| 5,849 | 4,200 | 10,049 | 6,828 | 4,200 | 11,028 | ||
| Analysed | between | ||||||
| Charitable | activities | 5,849 | 4,200 | 10,049 | 6,828 | 4,200 | 11,028 |
| The average monthly number ofemployees during the y |
ear was: | |
|---|---|---|
| 2022 | 2021 | |
| Number | Number | |
| Minister | ||
| Mission and administration | ||
| Total |
| 11 | Employees | (Continued) | ||
|---|---|---|---|---|
| Employment | costs | 2022f | 2021f | |
| Wages and | salaries | 63,292 | 66,152 |
| Net gains/( | loss | es) on investments |
||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| general | general | |||
| 2022 | 2021 | |||
| f | f | |||
| Revaluation | of | investments | (29,063) | (14,036) |
| Gain/(loss) | on | sale ofinvestments | (3,342) | (1,084) |
| (32,405) | (15,120) |
| Tangible fix | ed assets | ||||||
|---|---|---|---|---|---|---|---|
| Land and | Plant aud | Fixtures, | Computer | Total | |||
| buildings | machinery | llttiugs & |
equipment | ||||
| equipment | |||||||
| F | |||||||
| Cost | |||||||
| At 1 January | 2022 | 1,924,472 | 134,381 | 289,183 | 2,348,036 | ||
| Additions | 2,970 | 912 | 121 | 4,003 | |||
| At 31 December 2022 | 1,927,442 | 134,381 | 290,095 | 121 | 2,352,039 | ||
| Depreciation | and impairment | ||||||
| At 1 January | 2022 | 22,478 | 99,013 | 281,510 | 403,001 | ||
| Depremation | charged | in the year | 1,676 | 8,280 | 4,508 | 61 | 14,525 |
| At 31 December 2022 | 24,154 | 107,293 | 286,018 | 61 | 417,526 | ||
| Carrying amount |
|||||||
| At 31 December 2022 | 1,903,288 | 27,088 | 4,077 | 60 | 1,934,513 | ||
| At 31 December 2021 | 1,901,994 | 35,368 | 7,673 | 1,945,035 |
| 14 | Tangible fixed assets | (Continued) |
|---|---|---|
| 15 | Investment property |
|
| 2022 | ||
| 6 | ||
| Fair value | ||
| At 1 January 2022 | 435,000 | |
| Sale of property | (435,000) | |
| At 31 December 2022 |
| would ha |
ve | been included as follows: | ||
|---|---|---|---|---|
| 2022f | 2021 8 |
|||
| Cost | 246,430 | |||
| Accumulated | depreciation | |||
| Carrying | amount | 246,430 | ||
| 2022 E |
2021f | |||
| Freehold | 250,000 |
| Fixed asset investments | |||
|---|---|---|---|
| Listed | Cash in | Total | |
| investments | portfolio | ||
| 8 | |||
| Cost orvaluation | |||
| At 1 January 2022 | 624,676 | 23,315 | 647,991 |
| Additions | 65,749 | 65,749 | |
| Valuation changes |
(41,200) | (41,200) | |
| Cash movement | (11,750) | (11,750) | |
| Disposals | (51,832) | (51,832) | |
| At 31 December 2022 | 597,393 | 11,565 | 608,958 |
| Carrying amount |
|||
| At 31 December 2022 | 597,393 | 11,565 | 608,958 |
| At 31 December 2021 | 624,676 | 23,315 | 647,991 |
| 17 | Financial | instruments | |||||
|---|---|---|---|---|---|---|---|
| 2022 8 |
2021f | ||||||
| Carrying | amount of | financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 542,045 | 143,902 | ||
| 18 | Debtors | ||||||
| 2022 | 2021 | ||||||
| Amounts | falling due | within one year: | 8 | 8 | |||
| Other debtors | 16,149 | 13,998 | |||||
| 19 | Current | asset investments | |||||
| 2022 | 2021 | ||||||
| 8 | 8 | ||||||
| Unlisted | investments | 542,045 | 143,902 | ||||
| 20 | Creditors: | amounts | falling due within one year | ||||
| 2022 | 2021 | ||||||
| Trade creditors | 297 | 11,348 | |||||
| Accruals | and deferred | income | 8,082 | 6,149 | |||
| 8,379 | 17,497 | ||||||
| 21 | Creditors: | amounts | falling due after more than one year | ||||
| 2022 | 2021 | ||||||
| E' | F | ||||||
| Borrowings | 10,000 |
| lillovement | in funds | Movement | in funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |||||
| I | January | 2021 | resources | expendedt | January | 2022 | resources | expended | 31 December | ||
| 2022 | |||||||||||
| Embrace | |||||||||||
| Middle East | 1,948 | 729 | (1,266) | 1,411 | 540 | 1,951 | |||||
| Baptist World | |||||||||||
| Mission | |||||||||||
| (BMS) | 45 | 504 | (472) | 77 | 576 | (550) | 103 | ||||
| Baptist Union | |||||||||||
| I-lome | |||||||||||
| Mission | 16 | 85 | (85) | 16 | 87 | (103) | |||||
| St Lukes | |||||||||||
| General | 310 | 200 | (300) | 210 | 210 | ||||||
| St Lukes | |||||||||||
| Coffee | |||||||||||
| morning | 1,050 | 37 | (1,087) | ||||||||
| Coffee | |||||||||||
| Morning | 333 | (826) | 499 | 2,001 | (2,500) | ||||||
| Ukraine | |||||||||||
| Appeal | 5,115 | (5,115) | |||||||||
| Other | |||||||||||
| Institutions | 669 | (591) | 78 | 770 | 848 | ||||||
| 4,361 | 2,557 | (4,627) | 2,291 | 9,090 | (8,268) | 3,112 |
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