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|TRUSTEES||The Revd M Huckle (Senior Pastor as from 1.9.21)|The Revd M Huckle (Senior Pastor as from 1.9.21)|The Revd M Huckle (Senior Pastor as from 1.9.21)|The Revd M Huckle (Senior Pastor as from 1.9.21)|
|---|---|---|---|---|---|
|||Mr H Francis (Treasurer)||||
|||Mr SReynolds|(resigned 1.4.22)|||
|||Mrs M Murray||||
|||Mr P Pike||||
|||Mr C Ridout||||
|||Mrs K Elkins (Administrator)|||(resigned 7.11.21)|
|||Mr J Frowd||||
|||Mr R King||||
|||Mr 3 Murray (resigned 15,3.21)||||
|||Mr A Price (appointed 13.7.22)||||
|||Mr N Tuck (appointed 13.7.22)||||
|PRINCIPAL ADDRESS||283a Salisbury|Road|||
|||Totton||||
|||Southampton||||
|||SO40 3LZ||||
|REGISTERED CHARITY NUMBER||1129913||||
|INDEPENDENT|EXAMINER|D A Sanders
BA|(Hons) FCA|||
|||Sheen Stlckland|Chartered|Accountants||
|||4 High Street||||
|||Alton||||
|||Hampshire||||
|||GU34 1BU||||
|BANKERS||Lloyds Bank pic||||
|||30Commercial|Road|||
|||Totton||||
|||Southampton||||
|PROPERTY TRUSTEES||The Baptist Union Corporation|||Limited|
|||Baptist House||||
|||129Broadway||||
|||Didcot||||
|||Oxfordshire||||
|||OX11BRT||||
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funcl|funds|funds|funds|
|||Notes|E|f||E|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||292,784|2,530|295,314|302,415|
|Charitable
activitIes|||||||
|Charitable
activities|||4,469||4,469|4,384|
|Investment
Income|||3||3|10|
|Other income|||1,547||1,547||
|Total|||298,803|2,530|301,333|306,809|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Ministry
Establishment
Mission
The Hub
Governance
costs|||174,003
90,053
27,190
556
5,348|29,378
250|174,003
119,431
27,440
556
5,348|183,468
108,302
21,210
2,369
5,628|
|Total|||297,150|29,628|326,778|320,977|
|NET INCOME/(EXPENDITURE)|||1,653|(27,098)|(25,445)|(14,168)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||117,736|799,525|917,261|931,429|
|TOTAL FUNDS CARRIED FORWARD|||119,389|772,427|891,816|917,261|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|E|E|f|F|
|FIXEDASSETS||||||
|Tangible assets||110,390|768,582|878,972|904,098|
|CURRENT ASSETS||||||
|Debtors|12|10,541||10,541|11,207|
|Cash at bank|13|27,358|3,845|31,203|36,131|
|||37,899|3,845|41,744|47,338|
|CREDITORS||||||
|Amounts
falling due within one year||(5,000)||(5,000)|(4,560)|
|NET CURRENT ASSETS||32,899|3,845|36,744|42,778|
|TOTAL ASSETS LESSCURRENT LIABILITIES||143,289|772,427|915,716|946,876|
|PROVISIONS FOR LIABILITIES|15|(23,900)||(23,900)|(29,615)|
|NET ASSETS||119,389|772,427|891,816|917,261|
|FUNDS||||||
|Unrestricted
funds||||119,389|117,736|
|Restricted funds||||772,427|799,525|
|TOTAL FUNDS||||891,816|917,261|
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|INCOME FROM CH|A|RITABLE ACTIVITIES||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||Activity||||f|f|
|Rents received||Charitable|activities|||3,410|3,510|
|The Hub||Charitable|activities|||1,059|874|
|||||||4,469|4,384|
|GRANTS PAYABLE||||||||
||||Unrestricted|Restricted||Total|Total|
|||||||2021|2020|
||||f|||f|f|
|Youth and Families|Matter||13,200|||13,200|13,550|
|Hour of Revival (Dugmores)|||1,500|||1,500|1,500|
|Home Mission Fund|||1,500|||1,500|1,500|
|MAF (Watermans)|||1,500|||1,500|1,500|
|Amor Europe (Youth||Development)|1,800|||1,800|1,800|
|Southampton
City Mission|||720|||720|720|
|Baptist Missionary|Society||300|||300|300|
|Thelma
Mills|||240|||240|240|
|Southern
CBA|||100|||100|100|
|Watermans - donations|||1,500|||1,500||
|Tearfund|||730|||730||
|Dugmore - donation||towards vehicle|2,900|||2,900||
|Dugmore - donations|||500|||500||
|J Tuck - towards
moving expenses|||700|||700||
|Mission trip (G Houghton)|||||250|250||
||||27,190||250|27,440|21,210|
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|STAFF COS|TS|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f|f|
|Wages and|salaries|||154,287|172,961|
|Socia I security costs||||9,077|10,733|
|Other pension costs||||8,666|(2,771)|
|||||172,030|180,923|
|The average|monthly|number ofemployees|during the year was as follows:|||
|||||2021|2020|
|Employees||||7|8|
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|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||fund|funds|funds|
||||f|f||
|INCOME AND ENDOWMENTS||FROM||||
|Donations|and legacies||300,250|2,165|302,415|
|Charitable|activities|||||
|Charitable|activities||4,384||4,384|
|Investment|income||10||10|
|Total|||304,644|2,165|306,809|
|EXPENDITURE ON||||||
|Chailtable|activities|||||
|Ministry|||183,468||183,468|
|Establishment|||85,615|22,687|108,302|
|Mission|||21,210||21,210|
|The Hub|||2,369||2,369|
|Governance|costs||5,628||5,628|
|Total|||298,290|22,687|320,977|
|NET INCOME/(EXPENDITURE)|||6,354|(20,522)|(14,168)|
|RECONCILIATION
OF FUNDS||||||
|Total funds|brought forward||111,382|820,047|931,429|
|TOTAL FUNDS CARRIED FORWARD|||117,736|799,525|917,261|
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|||BPSDB Plan|
|---|---|---|
|Date ofvaluation||31December 2019|
|Date ofnext valuation||31December 2022|
|Market value ofscheme assets (A)||f298m|
|Technical
provisions|(B)|f316m|
|Deficit [(B)- (A)]||f18m|
|Funding
level [(A)/ (B)]||94%|
||||BPS|
|---|---|---|---|
|Type assumption|||%pa|
|RPI price Inflation|assumption||3.20|
|CPI price inflation|assumption||2.70|
|Minimum
Pensionable||Income increase (BPSonly)|3.20|
|Pensionable
Salary increases (BUSPSonly)|||n/a|
|Assumed
investment||returns||
|- Pre-retirement|||2.95|
|-Post retirement|||1.70|
|Deferred pension|increases|||
|-Pre April 2009|||3.20|
|-Post April 2009|||2.50|
|Pension increases||||
|-Main Scheme Pension|||2.70|
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||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||||E|E|
|Balance sheet liability at|year|start|||29,615|47,531|
|Minus deficiency contributions
paid
Interest cost (recognised
in SOFA)|||||(5,098)
243|(3,758)
776|
|Remaining
change to balance||sheet liability'|(recognised|in SOFA)|(860)|(14,934)|
|Balance sheet liability at|year|end|||23,900|29,615|
|following
assumptions
set by|reference to|the duration
ofthe d|eficit recovery payments:|||
|---|---|---|---|---|---|
|Accounting
date|||31.12.21|31.12.20|31.12.19|
|Discount rate|||2.0%|0.9%|1.7%|
|Future increases to Minimum|Pensionable|Income|4.1%|3.5%|3.2%|
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|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
||||Furniture|||
||Church||and|Computers||
||premises
f|Manse
f|fittings
f|&equipment
f|Totals
f|
|COST||||||
|At 1stJanuary 2021|1,061,713|97,000|100,695|57,185|1,316,593|
|Additions||||7,458|7,458|
|Disposals||||(14,657)|(14,657)|
|At 31st December 2021|1,061,713|97,000|100,695|49,986|1,309,394|
|DEPRECIATION||||||
|At 1stJanuary 2021|272,927||90,248|49,320|412,495|
|Charge for year|21,234||4,306|7,044|32,584|
|Eliminated
on disposal||||(14,657)|(14,657)|
|At 31st December 2021|294,161||94,554|41,707|430,422|
|NET BOOK VALUE||||||
|At 31st December 2021|767,552|97,000|6,141|8,279|878,972|
|At 31st December 2020|788,786|97,000|10,447|7,865|904,098|
||All ofthe fixed assets|are used for direct charitable|purposes.|||||
|---|---|---|---|---|---|---|---|
|12.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE|YEAR|||||
|||||||2021|2020|
|||||||f|f|
||Accrued income - Gift|Aid||||10,541|11,207|
|13.|CASH AT BANK|||||||
|||||||2021|2020|
||||General||Gordon Tuck|Total|Total|
||||fund||Fund|funds|funds|
||||f||f|f|f|
||Lloyds Current Account - No 1|||730|3,845|4,575|3,827|
||Lloyds Current Account - No 2||26,125|||267125|25,733|
||Hub Account|||503||503||
||Lloyds Building Fund|Account|||||6,571|
||Total||27,358||3,845|31,203|36,131|
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|14.|CREDITORS:|AMOUNTS|AMOUNTS|AMOUNTS|FALLING|DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|||||||||f|f|
||Accruals and|deferred||income||||5,000|4,560|
|15.|PROVISIONS|FOR LIABILITIES||||||||
|||||||||2021|2020|
|||||||||f|f|
||Defined benefit||pension||scheme|liability||23,900|29,615|
|16.|MOVEMENT|IN|FUNDS|||||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.21|in funds|31.12.21|
|||||||||f||
||Unrestricted|funds||||||||
||General fund||||||117,736|1,653|119,389|
||RestrIcted funds|||||||||
||Building fund||||||797,840|(29,258)|768,582|
||Gordon Tuck|Fund|||||1,685|2,160|3,845|
||||||||799,525|(27,098)|772,427|
||TOTAL FUNDS||||||917,261|(25,445)|891,816|
||Net movement||in funds,||included|in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources
f|expended
f|in funds
f|
||Unrestricted|funds||||||||
||General fund||||||298,803|(297,150)|1,653|
||Restricted funds|||||||||
||Building fund||||||120|(29,378)|(29,258)|
||Gordon Tuck|Fund|||||2,410|(250)|2,160|
||||||||2,530|(29,628)|(27,098)|
||TOTAL FUNDS||||||301,333|(326,778)|(25,445)|
##
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.1.20|in funds|31.12.20|
|||||f|f|f|
|Unrestricted|funds||||||
|General fund||||111,382|6,354|117,736|
|Restricted funds|||||||
|Building fund||||820,047|(22,207)|797,840|
|Gordon Tuck|Fund||||1,685|1,685|
|||||820,047|(20,522)|799,525|
|TOTAL FUNDS||||931,429|(14,168)|917,261|
|Comparative|net movement|in funds, included|In the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources
f|expended
f|in funds
f|
|Unrestricted|funds||||||
|General fund||||304,644|(298,290)|6,354|
|Restricted funds|||||||
|Building fund||||480|(22,687)|(22,207)|
|Gordon Tuck|Fund|||1,685||1,685|
|||||2,165|(22,687)|(20,522)|
|TOTAL FUNDS||||306,809|(320,977)|(14,168)|
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