2020-09-30-accounts - Bookham Baptist Church

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BOOKHAM BAPTIST CHURCH	BOOKHAM BAPTIST CHURCH	BOOKHAM BAPTIST CHURCH	BOOKHAM BAPTIST CHURCH
REFERENCE	AND ADMINISTRATIVE			DETAILS
Ministry	Team			Rev'd Stephen Elmes Rev'd Robert Stevens
				Rev'd Caroline Oliveira
				Rev'd Gilkan Hawkins
Trustees				Rev'd Stephen Elmes Rev'd Robert Stevens
				Rev'd Caroline Oliveira
				Rev'd Gillian Hawkins
				Mr Peter Bottomley
				Mrs Rachel Casey
				Mrs Elizabeth Featherstone
				Mrs Francis Pyatt
				Mr Malcolm Pymm Mr Neil Walker —Resigned 9December 2020 Mr Nicholas Wrobel —Resigned 31 December		2020
Charity	number			1129903
Bank				CAF Bank Kings Hill West Mailing Kent ME19 4TA	Metro Bank Pic 1 Southampton London W1CB 5HA			Row
				Nationwide Building Society Nationwide House	Kingdom Bank Ruddington Fields Business park
				Pipers Way Swindon SN38 1NW	Mere Way Ruddington Nottingham		NG11 6JS
Trustee Church	for Bookham		Baptist	The Baptist Union Corporation PO Box44, 129Broadway	Ltd
				Didcot
				Oxon OX11 8RT
Auditor				Jacob, Cavenagh &Skeet
				5 Robin Hood Lane
				Sutton SM1 2SW
Main address				Lower Road
				Great Bookham
				Leatherh cad
				Surrey KT23 4DH
Key Management		Personnel		All Trustees Ministry Team

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			Notes	2020	2019
Fixed Assets
				4,277,058	4 329,917
Current assets
Debtors
Short term deposits Cash at bank and in hand				40,703 80,000	28,663 80,000
				186,966	198,107
				367,669	306,770
Current liabilities
Amounts faikng due within		one year	9	129,2111	(13,173)
Net current	assets
				278,458	293 597
Total assets less current		liabilities		4,555,516	4,623574
Provisions	for liabilities	and charges	10	(38,785)	(61,056)
Net assets
				4,516,731	4 662458
Represented	by
Unrestricted	funds		12	4480423	520 476
Restricted funds			12	36,308	41,982
				4,516,731	4 562458

			2020		2019
Cash used in			(5,746)		(126,689)
operating activities (see below)
Cash flows from investing activities Interest received			1,327	603
Payments to acquire tangible fixed Cash used in investing activities	assets		(6,722) (5,395)	(5,195)	(4 592)
Net cash outflow			(11,141)		(131,281)
Cash and cash equivalents at 1 October 2019			198,107		329,388
Cash and cash equivalents at 30	September	2020	186,966		198,107
Cash flows from operating activities
Net expenditure Interest received shown in investing Depreciation Increase in short term deposits Increase in debtors Increase/(Decrease) in creditors (Decrease) in provision Cash used in operating activities	activities		(45,727) (1,327) 59,581 (12,040) 16,038 (22,271) (5,746)		(87,847) (603) 57,339 (80,000) (8,174) (3,584) (8 920) (12(),689)

2	INCOME FROM:			Unrestricted Funds	Restricted Funds 6	TOTAL 2020 6	FUNDS 2019 6
2a	Donations and legacies
	Donations and Gifts Planned giving: Gift Aid income tax recoverable Other giving	on	Gift Aid	194,115 56,147 210,792 461,054	18,912 18,912	194,115 56,147 229,704 479,966	169,683 43,689 219,913 433,285
2b	Investments Bank interest			1,327		1,327	603
2c	Charitable activities Playgroup income Other events and activities			77,203 614 77,817	1,903 14,152 16,055	79,106 14,766 93,872	85 921 11,711 97,632
2d	Other sources Rent Coronavirus Job Retention Other income		Scheme grant	1,963 3,662 4,368 9,993	500 500	1,963 3,662 4,868 10,493	3,438 6,574 10,012
	TOTAL INCOME			550,191	35,467	585,658	541,532

EXPENDITURE ON:
				Unrestricted	Restricted TOTAL	FU
				Funds	Funds 2020	20
Charitable activities				6	6	6
Grants made in furtherance ofthe
Church's objectives
Home and overseas CAP		mission	6	8g 51p	1 162 90,672 10589 10589	98,406 9,987
Ministry costs				89,510	11,'751 101,261
Staff costs Children and youth Other ministry costs Playgroup costs incl	work salaries			256 p75 4 271 13,675 74 295	13,575 26965p 7538 11809 3,764 17,43g 8 030 82 325	277,975 21 278 20,194 61,623
				348 316	32 gp7 381 223	381,070
Church and manse expenses
Church running costs Manse running costs Repairs to premises Office expenses Governance costs: Audit fees Other resources Depreciation				16,499 20,921 21,819 7,573 5,442 17,066 59,581	16,499 20,921 21,819 7,573 5,442 17,066 59581	17,553 25,764 10,278 14,100 3,970 10,912 57,339
				148,901	148,901	139,916
TOTAL EXPENDITURE				586,727	44,658 631,385
STAFF COSTS
					2020	2019
Salaries and stipends Employefs National Insurance costs Pension costs —defined contribution scheme Operating costs ofdefined benefit pension schemes "Rent' in lieu ofmanse provision Other costs, including Time for God volunteer CAP staff cost CAP staff pension cost					6 200,344 13,842 19,279 (16,778) 35,426 3,962 13,575	6 197,389 14,204 19,030 2,406 34,982 4,375 5,404 185
Playgroup salanes					269,650 79,614	277,975 53,913
					349,264

	GRANTS	GRANTS
	Grants are disclosed in the analysis of the totalling f20,000 (2019 f16,000) made to 2		Mission Fund (note 6) Included individuals (2019:2) and f70,672					in these (2019		figures f82,406)	were grants made to 15
	organisations (2019:14).
6	MISSION GIVING					2020
		Designated f.			Restricted f				Totalf		2019 f
	Local Anna Chaplaincy Oasis B@atitude Leatherhead Youth Project			1,000 595 1,500 12,000			258		1,000 595 1,500 12,258			968 1,500 14,200
	National &Overseas Baptist Missionary Society South East Baptist Association Cell UK Whttmans			1,000 7,085 1,800 12,000					1,000 7,085 1,800 12,000			5,000 7,000 10,000
	Siberia Trip Tear Fund —General Open Doors Aprender Slovenia —Cazars &Zoldos			1,000 1,000 10,000 8,000			40		1,000 1,000 10,040 8,000			1,000 1,000 14,340 6,000 1,381
	Slovenia Trip CMS Brazil —D&S Brito Medeiros Brazil trip Send a Cow Lebanon visit LSESD Lebanon Mutual Faith Church Beirut			9,000 278 3,464 6,000 7,000			814 50			9,000 278 814 3,464 6,000 7,050		9,500 827 3,565 6,000 5,000 2,000
	Rayak Church Lebanon Nepal —R Slade			6,000						6,000		6,000 1,999
	Nepal Trip Mission Gap Year Support Mission Expenses			500 288						500 288		500 626
	Total expenditure			89,510			1,162			90,672		98,406

		CHARGES
PROVISION FOR LIABI	LITI	ES AND	2020	2019
			f.	f
Liability at 1 October Deficiency contributions	paid	in year	61,056 (5,493)	64,876 (6,226) 2,406
Charge for the year I iability at 30 September			38,785	61,056

aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056	aty at 1 Deficiency contributions paid in year Charge for the year I iability at 30 September (5,493) 38,785 (6,226) 2,406 61,056
A provision has been included for deficit contributions due to the Baptist Pension Scheme (see note 15) The current deficit reduction plan requires contributions to be made until 30 June 2026 The provision has beeen valued using the following assumptions set by reference to the duration ofthe deficit recovery payments:
Accounting date Discount rate		30September 0.4%	2020 30September 1.5%	2019 30 September 2.5%		2018
Future increases to Minimum		3.1%	34%		3.3%
Pensionable Income
ANALYSIS OF NET ASSETS BYFUND			Unrestricted	Restricted		Total
Fixed assets Current assets Current liabilities Liabilities due in more than one year At 30September 2020			Funds f 4,277,058 271,361 (29,211) ~38785 4,480,423	Funds f 36,308	Funds f 4277 058 3073«9 (29 211) ~pg 785 ~,516,737
			Unrestricted Funds	Restricted Funds		Total Funds
				f
Fixed assets Current assets Current liabilities Liabihties due in more than At 30September 2019	one year		4,329,917 264,788 (13,173) ~67„056) 4 520 476	41,982 41,082		4,3Z9 917 3O6,770 (1~,173) Sq,056 45482 458

supporng te DB Plan are col	lectively r	esponsible for f	unding this defici	t.
The key financial assumptions	underlying	the valuations	were as follows:
RPI price inflation assumption CPI price inflation assumption Minimum Pensionable Income Assumed investment returns	increases	(RPI)		3.20% pa 2 70% pa 320% pa
- Pre-retirement -Post retirement Deferred pension increases				2.95% pa 1.70% pa
—Pre April 2009 -Post April 2009 Pension increases				320% pa 250% pa
—Main Scheme pension				2.70% pa