2022-03-31-accounts - Trinity Baptist Church Bexleyheath

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Contents	Pages
Trustees' Annual Report	1-B
IndependentExaminer's Report	9
StatementofFinancialActivities	10
Balance Sheet	11
NotestotheFinancial Statements	12-77

		Unrestricted Restrict€d	Unrestricted Restrict€d	Endowment	2022	2022	2421
	Note	Funds	Funds		TOTAL		TOTAL
INCOMINGRESOURCES		L	L	L	L		t
Voluntary income	IZI	198,552	9,862	0	208,41 3		222,62A
Legacies		0	0	n			22,175
lnvestment income	t3l	)aqa,	0	U			847
Other charitablerncome	I4I	3,948	642	U			3,090
Total incoming resources:		224,491	10,503	U	zJ4,UU5		:z46,134
CHARITABLEEXPENDITURE
Cost of generatingfunds	t$l	0				U	0
Ivlinistry	16I	81,628	0	0		81,628	65,719
Mission	PI	47,743	5,090	n		52,833	70,421
Establishment	t6I	44,734	o	U		44,734	44,473
Governance	t7l	350	n	0		350	350
Total resources expended:		174,454	5.090	0	114,544		160,962
NETINCOMINGRESOURCES		50,037	5,413	0		55,450	67,771
BEFORE TRANSFERS
TRANSFERS BETWEEN FUNDS	t'!11	U	0	0		U	0
NET INCOMING RESOURCES
BEFORE REVALUATIOT{		50,037	5,413			55,450	67,771
GAINSANDLOSSES ON REVALUATIONS
OFFIXED ASSETS FOR THE	112]		0	0	:	0	U
CHARIry'SOWNUSE					..
NET MOVEMENT IN FUNDS		50,037	5,413	0		55,450	67,771
TOTAL FUNDS BROUGHT FORWARD		1,396,520	2,010	1,095,593			2,4ffi,352
TOTAL FUNDS CARRIED FORWARD		1,446,557	7,423	1,095,593	2,549,574		2,494,123

			hlot*
FIXED TANGIBLE ASSETS
			ri4"1
Permanent Endowment Expendable Capital		Trinity Chapel 75 Standard Road		1,106,206.33 7G5,927.29	1,095,593.24 761,150.73
Chapel furniture,furnishingsandequipment		75A Standard Road		750,000.00 17,578.80	750,000.00 14,299.47
				2,6?7,712.41	2,621,043.44
CURRENT ASSETS
Debtors Cash and Doposits			T,	4 trrl	6,775.72 116,697.12
				125,472.84	132,752.09
CREDITORS
Amounlsfallingdue within oney6ar			(1sl	11,611.57	34,672.24
NETCURRENT ASSETSORLIABILITIES				111.861.27	98,079.85
TOTAL ASSETSLESSCURRENT LIABILITIES				2,749,57A.67	7,719,123.29
CREDITORS
Amounbfalling du6 after moretfianoneyar			nsl	200,000.00	225,000.00
NETASSETS			8.1	t ila17a aa	, nal1r1,a
CHARITAELEFUNDS Endowment Restri6.ted Designated Unreskicled	General Charitiable Purposes Expendablecapital		tr{,	'1,537,569.24 1,106,206.33 6,781.44 35.00 -10r,016.34	1,525,45A.20 1,095,593.24 2,009.73 1,011.63 -129,94',t.51
				2,il9,573.67	2.494.123.29

			Note	Unr$trictedDesignatedReslricted CapitalEndowment	Unr$trictedDesignatedReslricted CapitalEndowment	Unr$trictedDesignatedReslricted CapitalEndowment	Unr$trictedDesignatedReslricted CapitalEndowment	Unr$trictedDesignatedReslricted CapitalEndowment	Unr$trictedDesignatedReslricted CapitalEndowment		Total	Total
											2022	2021
2	Voluntary lncome
	Offerings			161,905.86	2,467.59		5,397.23				169,770-68	180,584.79
	TaretundedthroughGifrAid			34,178.21			4,4U.48				38,642.69	42,035.s9
	Grantsreceived										0.00	0.00
	Legacies			0.00 196,084.07	2,467.59		9,861.71	0.00	0.00	o.@ ----ffim3f		22,175.45 244,795.83
3	lnvestment lncome
	Bankints6t			oco							LE9	o.Jb
	Rentreeived			?1qRlR5							21,981.85	841.'10
											21,W1.74	847.46
4	lncoming resources from charitable activities Refundsand reimbursements			3,237.87			641.67				3,879.54	2,728.59
	Groups'*tffunding & subscriptions					710.00					710.00	361"81
				3,237.87		710.4O	641.67	0.00	0,00	----	4,589.il	339O/O
		Yea/slncome:		221,313.68		3,177.59	10,503.38 0.00		0.00		234,994.65	--2487336t
	Analysis ofRefunds	andReimbureements	4
		Cteningrefund		2,684.35
		Community Worker		214.74
		lnsurancerebate		312.O0
		Godzoneactivities		0.00
	YoungPeople's weekend			0.00
		lncome fromPremises		0.00
		Evangelism&Alpha		0.00
		fraining		0.00
		Manse rates& utilities		16.ta
				3,237.87		0.00	0.00

otes	relatingto Expenditure								Total	Total
5	CostsofGenerating Funds								2422	2021
	By voluntarycontributionsplussubscriptionsandinternalfundraising.
6	CharitableAetivities
	Ministry	81,627.55							81,627.55	65,719.27
	Mission	47,742.96			5,090.00				52,832-96	70,420.60
	Es{ablishment	44,733-76							44,733.76	44,472.52
		174,'tO4.27		0.00	5,090.00	0.00		17s,194.27		180,612.39
7	GovernanceCosls
	lndependent Examiration	350.00							350.00	350.00
	Manse site valuationfee	0.00							o_oo	0.00
	HMRc submissionfee	0.00							0.00	0.00
	Year'sexpenditure:							----- 350.00 --ffi@T		350"00 ---E6E =e
	lnternalcashflowsbetweencostoentresdonotfeatureinNotes 2to7
									Total	Total
									2022	2021
I	SupportCosts
	Administrative staff	't5,#7.27							15,567.27	16.010.78
	Stationery&Miscellaneous	952_58							952.58	678.96
	Website, Training & Sundries	815.41							815.41	321.00
	Subscriptions	4,228.98							4,224.W	3,764.O5
		21,564.24							21,564-24	24,774.79
		Charitable	Granlsand		Support				Total	Total
		Activities	OtherGifts		Costs	CapitalEndowment			2022	2021
9	TotalResources Expended
	Costsofgeneratingfunds Ministry Mission Establishment	0.00 75,826.72 6,112.2446,720.68 4473376			5,800.83 21,335.33 0.00		0.00		0.00 81,627.55 52,832.96 66,06S-09	0.00 6,719.27 70,420.60 '155,519.3't
	Governancecosts	350.00							350.00 350"00 200,879.60292,109.18

10GrantsPayable	GeneralFund					Total 2422	Total 2021
Leal
Groupgifts transfened to ChurchTreasurer						0.00	0_00
Fellowshipfund - hardshiprelief			5,090.00			5,090.00	6,455.00
ChristianResour6inBexleySchools	6,63S.1					6,639.12	6,456.00
Cornerstone						0.00	8,390.O0
Spurgeon'sCollege						0.00	0.o0
Bexl€y Foodbank						0.00	500.00
Evergreen Care Bexley						0.00	500.00
LondonCityMission						0.00	500.00
ThamsmeadDebtCentre						0.@	0.00
Greenwich &Bexley Hospice						0.00	0.00
							----,130130
National &lnternational
BMSWorldMission	2,634.84					2,634.84	5,228.OO
LBA-Home Mission	2,165.64					2,165.64	2,812.00
Mr& Mrs HaMood with OM	11,565.m					11,565.00	10,638.00
Mr& MrsDallmanwith OMF	10,650.00					10,650.00	12,516.00
AZAR	6s5_20					655.20	636.00
Hope HealthAclion						0.00	500.00
CarrotyWood						0.00	1,000.00
Christians AgainstPoverty						0.00	500.00
MissionAviationFellomhip						0.00	500.00
OpMobilisation						0.00	1,065.00
West Watch						0.00	1,000.00
YohanFernando						0.00	545.00
Sat 7-JoyceWellerMemorial						210.44
EvergreenCareBexley -XMas		21A.44				214.44	o.00
McMillanCancer Coffee Morning						0.00	0.00
BibleSociety						0.00	0.00
Barnabas Fund	3,450.00					3,450.00	0.00
IJMUK	1,725.&					1,725.OO	0.00
BMSWorldMission	1,7?5-@						0.00
TotalGrants		Tatal	&				36,940'o0 --T5741,o0
11Gross TransfarsBetweenFunds	GeneralFund	Designated	Restricted	Capital	Endowment
Purchaseofnewequipment	(s,s71.92)			5,571.92
Depreciation ofcontents	1,1'14.38			(1,114.38)
Sundry tEnsfers
croups'externalgifts
Spsialeveflts
Allocalions from Building MaintenanceFund
Chapel Refurbishm€nt Prcjecl-costs				10,613.09
Manse75 refurbishment	4,4',t6.55	Q.193.14't		2,776.55
Repairs&Maintenance-Chapel		(r0,613.09)
- Mansesite	0_00	0.00
Repaymentof Loan - Crs		(r0,000.00)		10,000.00
	(40.e5)	(27,806.23)	0.00	27,847.1A	0.00

				Analysisof	Analysisof
					Value at
	Manse75	Manse 75A		31t03/2a22		4t31t03r2021
ProfessionalMarket ValuationofSeptember2020	650,000.00750,000.00
Balance SheetValueMarch 2921	761,150.73750,000.00		Chapel		1,106,206.33	1,095,593.24
Capital additionsin2022	2,776.55	o.00	75 StandardRd		763,927.28	761,150.73
Unrealised GainorLos	0.00	0.00	75A StandardRd		750,000.00	750,000.00
CarryingValue 31 March 2022 Balance SheetValue March20?2	763,927.28	750,000.m	Chapelcontents	@	17,578.80	14,299.47

StaffCostsandTrustees'Expenss Grosssalaries Social Securityccts			ZOZ? 6O,998.21 211.40	2021 60,241.45 299.57
Pensioncosts Otherc6ts	Ministers mileagepayments		13,233.30 ZZA-75	1't,337 .73 67.05
	Ministe*&staffpsrsnalexpenses		1.50	34.80
		_	?4,i3,u6	?1B8O5O
No selfemployedhdtFwerercrkeddudng theyear.
The averagenumberofstafiduringtheyear raas4(5 in2021).
Community Worker resignedinApril 2021.