2022-09-30-accounts - Bookham Baptist Church

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RENCE	AND AD	MINIS	TRATIVE	DETAILS
Ministry	Team			Rev'd Stephen Elmes
				Rev'd Robert Stevens
				Rev*d Caroline Oliveira
				Rev'd Gillian Hawkins
Trustees				Rev'd Stephen Elmes
				Rev'd Robert Stevens	—Resigned			31 August	2022
				Rev'd Caroline Oliveira
				Rev'd Gillian Hawkins
				Mr Peter Bottomley —Resigned			20 July 2022
				Mrs Rachel Casey —Resigned			7 February 2022
				Mr Matthew Downey —Appointed				16March 2022
				Dr Daniel Commandeur	—Appointed 16November 2022
				Mrs Elizabeth Featherstone		—Resigned 19January 2022
				Mrs Frances Pyatt
				Mr Malcolm Pymm
Charity	number			1129903
Bank				CAF Bank				Metro Bank		Plc
				Kings Hill				1 Southampton			Row
				West Mailing				London
				Kent ME194TA				W1CB 5HA
				Nationwide Building Society				Kingdom	Bank
				Nationwide House				Ruddington		Fields Business Park
				Pipers Way				Mere Way
				Swindon				Ruddington
				SN38 1NW				Nottingham		NG11 6JS
Trustee	for Bookham		Baptist	The Baptist Union Corporation			Ltd
Church	properties			PO Box44, 129Broadway
				Didcot
				Oxon OX11 8RT
Auditor				Jacob, Cavenagh &Skeet
				5 Robin Hood Lane
				Sutton SM1 2SW
Main address				Lower Road
				Great Bookham
				Leatherhead
				Surrey KT23 4DH
Key Management		Personnel		All Trustees
				Ministry Team

Jacob Cavenagh	Jacob Cavenagh		5 Robin Hood Lane
Statutory	Auditor		Sutton
Chartered	Accountants		Surrey
Date:		2023	SM1 2SW

									Total
				Unrestricted	Restricted	Total Funds	Unrestricted	Restricted	Funds
				Funds	Funds	2022	Funds	Funds	2021
			Note		6	F		6	6
Income from:
Donations and legacies			2a	449,082	16,594	465,676	466,714	15,065	481,779
Investments			2b	713		713	1,183		1,183
Charitable activities			2c	93,204	9,989	103,193	98,897	12,659	111,556
Other sources			2d	6,734		6,734	4,285	5,031	9,316
TOTAL INCOME				549,733	26„583	576,316	571,079	32,755	603,834
Expenditure on:
Charitable activities				564,657	38,522	603,179	620,091	37,534	657,625
TOTAL EXPENDITURE				564,657	38,522	603,179	620,091	37,534	657,625
Net income/(expenditure)		before transfers		(14,924)	(11,939)	(26,863)	(49,012)	(4,779)	(53,791)
Transfers between funds			12	(4,000)	4,000		(2,550)	2,550
Net movement in	funds			(18,924)	(7,939)	(26,863)	(51,562)	(2,229)	(53,791)
Balances brought	forward	at 1 October 2021	1c	4,428,861	34,079	4,462,940	4,480,423	36,308	4,516,731
Balances carried	forward	at 30September 2022		4,409,937	26,140	4,436,077	4,428,861	34,079	4,462,940

			Notes	2022		2021
Fixed Assets					4,221,651		4,223,959
Current assets
Debtors				17,049		21,717
Short term deposits				80,000		80,000
Cash at bank and	in hand			136,548		192,310
				233,597		294,027
Current liabilities
Amounts falling due within		one year		(19,171)		(22,071)
Net current assets					214,426		271,956
Total assets less	current	liabilities			4,436,077		4,495,915
Provisions for liabilities		and charges					(32,975)
Net assets					4,436,077		4,462,940
Represented by
Unrestricted funds			12		4,409,937		4,428,861
Restricted funds			12		26,140		34,079
					4,436,077		4,462,940
Approved by the Trustees		on 15March 2023
and signed on their behalf		by:
Frances Pyatt
Chairman

						2022		2021
Cash (used in)/provided operating activities (see		by below)				(55,728)		10,182
Cash flows from investing			activities
Interest received						713	1,183
Proceeds on disposal						750
Payments to acquire tangible			fixed	assets		(1,497)	(6,021)
Cash used in investing	activities					(34)		(4,838)
Net cash (outflow)/inflow						(55,762)		5,344
Cash and cash equivalents		at 1 October			2021	272,310		266,966
Cash and cash equivalents			at 30	September 2022		216,548		272,310
Cash flows from operating			activities
Net expenditure						(26,863)		(53,791)
Interest received shown	in	investing		activities		(713)		(1,183)
Depreciation						2,839		59,120
Loss on disposal						216
Decrease in debtors						4,668		18,986
(Decrease) in creditors						(2,900)		(7,140)
(Decrease) in provision						(32,975)		(5,810)
Cash (used in)/provided		by operating			activities	(55,728)		10,182

2	INCOME FROM:	INCOME FROM:
					Unrestricted	Restricted	TOTAL	FUNDS
					Funds	Funds	2022	2021
2a	Donations and	legacies
	Donations and Gifts
	Planned giving: Gift Aid				198,165		198,165	212,767
	Income tax recoverable		on	Gift Aid	49,028		49,028	57,629
	Other giving				201,889	16,594	218,483	211,383
					449,082	16,594	465,676	481,779
2b	Investments
	Bank interest				713		713	1,183
2c	Charitable activities
	Playgroup income				87,021	2,489	89,510	98,935
	Other events	and activities			6,183	7,500	13,683	12,621
					93,204	9,989	103,193	111,556
2d	Other sources
	Rent				60		60	323
	Coronavirus	Job Retention		Scheme grant				6,271
	Other income				6,674		6,674	2,722
					6,734		6,734	9316
	TOTAL INCOME				549,733	26,583	576,316	603,834

EXPENDITURE ON:
			Unrestricted	Restricted	TOTAL FUNDS
			Funds	Funds	2022	2021
Charitable activities
Grants made in furtherance	ofthe
Church's objectives
Home and overseas mission			103,824	1,270	105,094	97,233
CAP				8,263	8,263	8,705
			103,824	9,533	113,357	105,938
Ministry costs
Staff costs			261,620	17,666	279,286	303,536
Children and youth work			10,725	8,942	19,667	15,187
Other ministry costs			15,259		15,259	14,118
Playgroup costs incl.salaries			72,223	2,381	74,604	75,523
			359,827	28,989	388,816	408,364
Church and manse expenses
Church running costs			15,913		15,913	16,507
Manse running costs			21,799		21,799	23,474
Repairs to premises			23,883		23,883	10,215
Office expenses			6,833		6,833	8,157
Governance costs: Audit	fees		5,447		5447	4,692
Governance costs: Accountancy		fees	3,150		3,150	3,000
Other resources			21,142		21,142	18,158
Depreciation			2,839		2,839	59,120
			101,006		101,006	143,323
TOTAL EXPENDITURE			564,657	38,522	603,179	657,625

STAFF C	OSTS
						2022	2021
Salaries and stipends						211,814	212,233
Employer's	National	Insurance costs				14,180	14,911
Pension costs —defined			contribution		schemes	20,430	19,393
Operating	costs of defined			benefit pension schemes		(27,562)	(200)
"Rent" in lieu of manse			provision			37,935	35,597
Other costs, including		Time		for God	volunteer	4,867	4,325
CAP staff	cost					17,622	17,277
						279,286	303,536
Playgroup	salaries					67,515	66,087
Children's	Centre staff		costs			8,137	7,344
						354,938	376,967

MISSION GIVING
				2022
			Designated	Restricted	Totalf	2021
Local
B@atitude			1,000		1,000	1,500
Leatherhead Youth	Project		11,000		11,000	10,333
Meeting Place			2,000		2,000	2,000
National &Overseas
Baptist Missionary	Society		2,000		2,000	4,000
South East Baptist	Association		9,556		9,556	7,500
Cell UK			1,500		1,500	1,500
Whitmans			10,121		10,121	10,000
Tear Fund - General			4,500		4,500	2,000
Open Doors			2,000		2,000	2,000
Aprender			12,000		12,000	12,000
Slovenia —Cazars	&Zoldos		6,000		6,000	8,500
CMS Brazil - D&S	Brito Medeiros		9,024		9,024	9,000
Brazil trip			2,072		2,072
Lebanon - ABTS			6,000		6,000	8,000
Mutual Faith Church		Beirut (Life Centre)	6,000		6,000	8,000
Nepal —R Slade			12,994		12,994	8,100
Send a Cow				1,270	1,270
Emerging Opportunities			6,057		6,057	2,800
Total expenditure			103,824	1,270	105,094	97,233

7 TANGIBLE FIXEDASS	ETS
Tangible fixed assets —for use	by the Church
	Fixtures &	Church	1 Nelson	Church	TOTAL
	Equipment	Manse	Cottages	Premises
Cost or valuation
At 1 October 2021	72,625	710,000	516,438	3,693,970	4,993,033
Additions	1,497				1,497
Disposals	5,397				5,397
At 30September 2022	68,725	710,000	516,438	3,693,970	4,989,133
Depreciation
At 1 October 2021	66,371			702,703	769,074
Charge for the year	2,839				2,839
Eliminated on disposal	4,431				4,431
At 30September 2022	64,779			702,703	767,482
Net Book Value
At 30September 2022	3,946	710,000	516,438	2,991,267	4,221,651
At 30September 2021	6,254	710,000	516,438	2,991,267	4,223,959

DEBTORS
	2022	2021
		F
Income tax recoverable	11,131	13,043
Other debtors	5,918	8,674
	17,049	21,717

		2022	2021
		f	f
Receipts	in advance	5,298	5,326
Sundry creditors		13,873	16,745
		19,171	22,071

PROVIS	ION	FOR LIAB	ILITI	ES AND CHA	RGES
									2022	2021
									f	f
Liability	at 1 October								32,975	38,785
Deficiency contributions			paid	in year					(5,413)	(5,610)
Charge	for the year								(27,562)	(200)
Liability	at 30	September								32,975
The provision		relates to	deficit	contributions	due to the	Baptist Pension		Scheme	(see note 15).
ANALYSIS OF NET ASSETS				BYFUND
					Unrestricted			Restricted		Total
					Funds			Funds		Funds
					f			f		f
Fixed assets						4,221,651				4,221,651
Current	assets						207,457	26,140		233,597
Current	liabilities						19,171			19,171
At 30September 2022						4,409,937		26,140		4,436,077
					Unrestricted			Restricted		Total
					Funds			Funds		Funds
					f					f
Fixed assets						4,223,959				4,223,959
Current	assets						259,948	34,079		294,027
Current	liabilities						(22,071)			(22,071)
Liabilities due		in more than one year					32,975			32,975
At 30September 2021						4,428,861		34,079		4,462,940

UNRESTRICTED FUNDS
	Balance at					Balance at 30
	1	October				September
		2021	Income	Expenditure	Transfers	2022
		f				'E
General		190,591	549,333	(436,950)	(131,283)	171,691
Premises			400	(23,883)	23,483
Mission		20,565		(103,824)	103,800	20,541
Building	2,991,267					2,991,267
Manse		710,000				710,000
Second Manse		516,438				516,438
	4,428,861		549,733	564,657	4,000	4,409,937
	Balance at					Balance at 30
	1	October				September
		2020	Income	Expenditure	Transfers	2021
				f
General		194,579	569,879	(459,502)	(114,365}	190,591
Premises			"l,200	(10,215}	9,015
Mission		14,998		(97,233)	102,800	20,565
Building	3,044,408			(53,141)		2,991,267
Manse		710,000				710,000
Second Manse		516,438				516,438
	4,480,423		571,079	620,091	2,550	4,428,861
RESTRICTED FUNDS
	Balance at					Balance at 30
	1	October				September
		2021	Income	Expenditure	Transfers	2022
CAP		16,804	15,324	(25,929)	4,000	10,199
Mission		1,000	1,270	(1,270)		1,000
Other		16,275	9,989	11,323		14,941
		34,079	26,583	38,522	4,000	26,140
	Balance at					Balance at 30
	1 October					September
		2020	Income	Expenditure	Transfers	2021
						f
CAP		18,736	20,076	(26,008)	4,000	16,804
Mission		1,000				1,000
Other		16,572	12,679	11,526	1,450	16,275
		36,308				34,079

the DB	Plan are collectively res	ponsible f	or funding this	deficit.
The key	financial assumptions	underlying	the valuations	were as follows
RPI price inflation assumption					3.20'/o pa
CPI price inflation assumption Minimum Pensionable Income		increases	(CPI plus 0.5'/o	pa)	2.70'/o pa 3.20'/0 pa
Assumed	investment returns
	- Pre-retirement				2.95'/0 pa
	—Post retirement				1.70'/0 pa
Deferred	pension increases
	- Pre April 2009				3.20'/o pa
	—Post April 2009				2.50'/0 pa
Pension	increases
	—Main Scheme pension				2.70'/o pa