TRINITY BAPTIST CHURCH, Bexleyheath
Registered Charity England & Wales: number 1130034
TRUSTEES’ ANNUAL REPORT & ACCOUNTS For the year ended 31 March 2023
1
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
| Contents | Pages |
|---|---|
| Trustees’ Annual Report | 3 - 8 |
| Independent Examiner’s Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Notes to the Financial Statements | 12 - 17 |
2
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
Legal and Administrative Information
Trustees
Revd A Banks Mr R Jones Mrs N Hall Mr FD Linley Miss L Brady Mrs C Kirby-Smith Mr I Osei-Kwame Mr Y Keerthiratna Mr A Evans Mr J French Mrs J.M. Holland Mrs. E Haworth
inducted 11 September 2010 (appointed Chairman 1[st] May 2020) re-elected 26 November 2023 resigned 27 November 2022 re-elected 27 November 2022 resigned 27 November 2022 re-elected 26 November 2023 elected 27 November 2022 re-elected 26 November 2023 re-elected 21 November 2021 re-elected 27 November 2022 elected 21 November 2021 elected 27 November 2022
Administrator
Mrs K O’Sullivan Miss A Costar
resigned 10 August 2023 appointed 11 December 2023
Principal Office
Corner of Trinity Place and Broadway, Bexleyheath, Kent, DA6 7AY
Independent Examiner
Mr Muhau Kwalombota, FCCA, BAcc, AAT. 60 Coburg Crescent, London, SW2 3HT
Bankers
The Co-operative Bank, PO Box 250, Delf House, Southway, Skelmersdale, WN8 6WT
Custodian Trustee
The London Baptist Property Board. 235 Shaftesbury Avenue, London, WC2H 8EL
3
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
Introduction
The Trustees present their report along with the financial statements of the charity for the year ended 31[st] March 2023. The financial statements have been prepared on the accounting policies set out on page 11 and comply with the Church’s Trust Deed, governing document, applicable law, and the Statement of Recommended Practice “Accounting and Reporting by Charities 2005”.
Organisational Structure
Constitution
By Conveyance and Declaration of Trust dated 23 November 1868 the buildings and land are to be used, occupied and enjoyed as a place for the worship of God, according to the Principles and Usages of Protestant Dissenters of the Particular Baptist denomination, under the direction of the church for the time being assembled for worship therein, and for the instruction of children and adults and for the promotion of such other religious or philanthropic purposes as the Church shall from time to time direct.
The constitution and Baptist practice are based upon Acts 14:27 Now when they had come and gathered the church together, they reported all that God had done with them, 15:25a It seemed good to us, being assembled with one accord, and Romans 12:4-5 We have many members in one body, but all the members do not have the same function, so we, being many, are one body in Christ, and individually members of one another; accordingly the church members regularly meet to discern the mind of Christ and to conduct business.
A new governing document based on the above principles was adopted by the Church Members Meeting on 29 April 2009 and subsequently accepted by the Charity Commission upon the registration of the Church as an independent charity.
Recruitment and appointment of Trustees
The London Baptist Property Board is the Custodian Trustee. The Managing Trustees (hereinafter referred to as “Trustees”) are the Diaconate of the church, consisting of up to 12 elected Deacons together with the Pastor and (from time to time) Associate Pastor. Nominations are invited annually for election to fill any vacancies on the diaconate. Deacons are elected by majority vote by those members present and balloting. They normally serve for a period of 3 years, at the conclusion of which they are eligible for nomination and re-election. Pastors are appointed at a special church meeting, duly convened for the purpose of calling a minister, and a subsequent service of induction.
Induction and training of new Trustees
New Trustees are provided with guidance documents published by the Charity Commissioners and the Baptist Union of Great Britain. The nomination procedure for Deacons excludes non-members. Historically the majority of Deacons serve for more than one term, producing accumulating experience within the body of Trustees. Arrangements are made to ensure that not all the Deacons retire at the same time. All acknowledge the need for divine wisdom, and where necessary, professional advice.
The Trustees meet regularly twice monthly for prayer and business (except in August). All appointments within the church are made by the Trustees or annually reviewed by them.
Relationship with other faith organisations
The Trustees are in full accord with the objects and motivation of the Evangelical Alliance and support its work by affiliation and exchange of views. Membership continues with the Baptist Union of Great Britain, especially through the London Baptist Association and with the London Baptist Property Board. Believing that Jesus Christ is the only mediator between God and mankind, this church supports world evangelisation, extends friendship to all who seek peace and concord along with defence of truth, promotion of freedom, equality and justice for all, irrespective of language or religion.
4
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
Risk Management
The Trustees are careful to establish and review practices and routines which maintain biblical orthodoxy and comply with applicable legislation. Where these appear to conflict, greater care and training is accepted as obligatory.
The main areas of risk faced by the Church are financial (including threats to income, un-managed costs and overheads); operational (including legal, property, fire and safety risks, data security and privacy, and also the protection of children and young people and adults at risk); and environmental / external (impact of changes in the economy and political including religious tolerance and continuing Gift Aid recovery). These risks are managed through: meeting regularly as Trustees with formal agendas; taking / approving of minutes of those meetings and the recording and tracking of actions; by being transparent in our management of the church's finances through regular reporting at Trustees’ meetings and at bi-monthly church members’ meetings, and the setting and monitoring of budgets (our property assets being secured through the use of the deeds being held by an independent custodian Trustee); by complying / seeking to comply with relevant building and fire regulations and event risk assessment; by taking into account the requirements of the General Data Protection Regulation; by making use of the Disclosure and Barring Service in approving those to work with children and young people and Adults at Risk (and in subsequent oversight and training); and through our involvement with the Baptist Union of Great Britain, particularly monitoring the impact of changes in the legal and tax framework.
Objects and Activities
Summary
The Objects continue to be the maintenance of an evangelical Bible-based preaching ministry designed to promote the growth of God’s Kingdom, growth in grace and in the exercise of spiritual gifts. When planning activities for the year the Trustees bear in mind the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
Explanation of Objects
Because the Bible is accepted as the sole authority for faith and practice, revealing the love of Almighty God, the work of the Holy Spirit, the obedience and self-sacrifice of Jesus Christ, the judgement that awaits unregenerate mankind and the invitation to all to be reconciled to God, not by ritual but by repentance and faith, the objectives of the Church on earth cannot be modified by fashion, culture, or by scientific or political pronouncements.
Strategy for achieving these Objects
In dependence upon God, we aim to enable people to live out their faith as a part of our church community through: worship and prayer; preaching and teaching the Bible; promoting knowledge and faith in the Lord Jesus Christ; pastoral care; service to the community at large; and missionary and outreach activities. This programme inculcates the highest standards of behaviour and social responsibility; a public benefit which, in the experience of the Trustees, no other activity can replicate. A full account of all activities and their beneficiaries is given in the Annual Report Booklet which was accepted at the Church AGM on 21 May 2023 and which is available upon request from the Church Administrator.
Giving and Support Policies
Members seek to practise biblical standards of stewardship founded upon its teaching about tithing and generosity, and while some will give more and some less than ten per cent of their income, time and talents, Christians acknowledge that all they are and possess is from the Lord of Life. This applies both to individual members and to the church’s budgeted annual expenditure, a large percentage of which is for both planned and spontaneous philanthropy.
5
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
Fundraising
The Trustees believe consistent freewill giving to be the normal and God-honouring means of contributing to the work of the local church and its various ministries. The Lord loves a cheerful giver, and the whole tenor of scripture teaches that giving is to be the normal response of those who place their dependence upon a generous God. The church has rented out its property at 75 Standard Road since January 2021, which provides a regular additional income to the church, and charges a minimal rent (sufficient to cover heating and lighting costs only) to the BCU Life Skills Centre, which meets on the church premises once a week.
Achievements and Performance
Trinity Baptist Church has links with approximately 260 individuals through all its ministries and activities on Sundays and during the week. This year has seen the continuation of the Sunday morning service, attended by approx. 200 in person and also streamed to variable numbers online, including some international viewers. This service caters for the spiritual needs of all ages from infants to those in their nineties. The number of church members has remained stable at approximately 165 during a period of increased geographical mobility. The number of adherents and members of ethnic minority origin continues to increase in keeping with population changes in the area.
There is an induction loop system in the church, in order to assist those hard of hearing. The ground floor is fully accessible as a result of alterations and improvements carried out in 2004.
The Church’s Safeguarding Children and Safeguarding Adults at Risk policies and the Disclosure & Barring Service (DBS) Checks System continue to be implemented. The Church’s children’s and youth group programme continued to operate throughout the year ably led by our paid Children’s worker and volunteer Youth workers. Camps for our Children (June) and Youth (September) enriched this programme.
During the year the church continued to enjoy the services of a Minister six days per week, who provides consistent teaching, leadership and pastoral care and advice for both church members and adherents.
Our Children’s Worker role (part time) has proved successful having established an oversubscribed parent/toddler group and greater oversight of both our outreach and ministry to children and their families. We continued to employ an Administrator (part-time) and a Pastoral Care Worker (part time) to assist the Minister with pastoral care for the congregation.
Others in the Church continued to provide a level of pastoral care for many in the Church.
A few small groups continued to meet to support members pastorally and spiritually, mostly face-to-face, with one meeting on Zoom. We also started three new groups.
The Tuesday drop in coffee morning (Oasis) reopened in July 2022, after a long break because of covid, serving refreshments at a low cost with all profits being given to affiliated charities, and providing much needed opportunity for conversation, particularly to the elderly.
The Food Bank at the chapel operated two sessions per week, successfully serving hundreds of families and individuals in crisis situations.
We continued with our monthly family events and ran baptism enquirers and Alpha Courses. We also hosted a Christian Life and Witness Course, run by the Billy Graham Evangelistic Association, and some members of the church served as counsellors for the associated event at the ExCeL Arena in July.
At the request of St. Margaret’s Residential Home in Sidcup, we have run monthly Christian services for the residents and their families since September 2022, which are greatly appreciated by residents and staff.
6
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
The BCU Life Skills Centre (of which the Pastor is a member of the Management Committee) continued to offer its services one day per week at the Church, for which they pay a nominal rent, sufficient to cover heating costs. They attempted to open for a second day to offer a “warm space” but found there were insufficient clients to make it viable.
The Church continued to offer its premises to the Bexley Street Pastors teams when operating in Bexleyheath on Friday nights and some Saturday nights.
The Bexley Winter Shelter’s operations continued to be affected by covid restrictions, but they were provided with finance to house homeless men in hotels during the months of January through March, and the Church was used to prepare meals for them on Tuesday evenings. Many of the guests were helped into long term accommodation.
This year has also seen a thorough overhaul of our website, with the help of a communications consultant, to make it far more accessible and understandable to people outside of the Church.
Full reports of activities are available in the Annual Report presented at the AGM in May 2022.
As part of Churches Together in Bexleyheath, Trinity continues to support and participate in open air events in the town centre at Christmas and Easter. It is the Church’s policy to support financially, practically and prayerfully, mission work elsewhere in the UK and around the world through appropriate agencies.
The church continues to support the charity AZAR in achieving its objectives in improving educational opportunities for children in Tanzania. Monies are also given from time to time for disaster relief.
Financial Review
There was an Increase in total income from the last financial year of 0.84%, from £234,995 to £236,974. Unrestricted offerings showed an increase from the last financial year of 2.6% £198,552 to £203,724. Total expenditure of £226,973 increased by 26.41% from last year (£179,544). This gave a net surplus before revaluation of £10,001 compared to last year of £55,450.
The bank balance has Decreased from £116,697 to £99,526 in the year.
We envisage that General Fund reserves will remain at about £20K, and in February 2022, the Church Members’ Meeting agreed to also keep a separate Building Contingency Fund of £20K, which could be spent and replenished if large unanticipated issues occurred with any of the church-owned buildings.
As we were in the happy position of still having a surplus of approx. £62K, the May 2022 Church Members’ Meeting also agreed allocation of funds for the following projects:
-
A new handrail to aid access to the stage.
-
Renovation to and refitting the side entrance and stairs to upstairs rooms to make them safer and more attractive to visitors (this is the entrance that most visitors to the Church see).
-
Fitting the chapel with new, lighter, linkable chairs, to complete our chapel refurbishment project from 2018, to aid flexible use of the chapel area, and to comply with fire safety recommendations.
-
Setting aside money upfront towards the first 3 years’ wage for a proposed new part time youth worker.
-
We praise our Lord and Saviour Jesus Christ as we look to him in faith to provide the church with what it needs to complete its various projects and continue its programmes.
Plans
Our aim is to see further growth in numbers committed to the Church and its various ministries and services. The Church will continue to maintain and extend, where viable, its existing programmes of activities on the
7
TRINITY BAPTIST CHURCH, Bexleyheath Trustees’ Annual Report For the year ended 31 March 2023
basis that sufficient appropriate volunteers will continue to offer their time and talents in the Lord’s service. We continue to look at how best we might serve needs in the community.
Our search for a part-time Youth Worker (in a job share with Christian Resource in Bexley Schools) proved difficult, but we have managed to secure a very credible candidate from the USA to strengthen our work with teenagers and young adults. We are currently in the process of working through an immigration application to enable him to work for us.
Trustees’ responsibilities in relation to financial statements
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s activities during the year and of its financial position at the end of each year. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf by the Chairman:
Revd A Banks Date: 30th January 2024
8
| Unrestricted | Restricted | Restricted | Endowment | 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Note | e Funds |
tt .ll tl Funds |
I € I Funds |
I TOTAL |
e TOTAL |
||||||
| income | t2t | 203,724 | 5,321 | 0 | 209,04s | 204,413 | |||||
| I | |||||||||||
| lacies | 0 | {J | 0l | 0 | 0 | ||||||
| l | I | ||||||||||
| t3l | 23,401 | 0 | 0 | 23,40'l | |||||||
| I | I | ||||||||||
| t41 | 4,528 | tt 0l |
0 | 4,528 | 4,590 | ||||||
| 231,653 | 5,321 | 0 | 236,974 | 234,995 | |||||||
| I | |||||||||||
| I | |||||||||||
| 1istry | t5I t6l |
0 72,751 50,973 |
0 tl 0l tl 0l tl |
i I |
I I ol I 0 |
0 72,751 50,973 |
0 81.628 52.833 |
||||
| 76,070 | 0.00 | 0 | 76,070 | 44.734 | |||||||
| Governance | 0 | 0 | 375 | 350 | |||||||
| Costs | t8l | 26,804 | 0 | 0 | 26,804 | 0 | |||||
| Total resources | 226,973 | 0 | 0 | 226,973 | 179,544 | ||||||
| 4,680 | 5,321 | 0 | 10,001 | 55,450 | |||||||
| TRANSFERS BETWEEN FUNDS | 0 | 0 | l tl ll |
l I 0 L |
0 | 0 | |||||
| I | |||||||||||
| NET | |||||||||||
| BEFORE | REVALUATION | 4,680 | 5,321 | 0 | 10,001 | 55,450 | |||||
| GAINS AND LOSSESON | :VALUATION | ||||||||||
| OF FIXED | ASSETS FOR | 1121 | 0 | 0 | 0 | 0 | |||||
| CHARITY'S OWN | tl | I | |||||||||
| I | I | ||||||||||
| I\,4OVEI\,4ENTIN FUNDS | 4,680 | 5,32'l | I | 0 | 10,001 | 55,, | |||||
| I | |||||||||||
| TOTAL FUNDS BROUGHT FORWARD | 1,446,557 | 7.423 | 1,095,593 |
2,549,574 | 2,, | ||||||
| TOTAL FUNDS | I,451,231 | 12,744 | 1,095,5S3 |
2,559,575 | 2549 | ||||||
| I | |||||||||||
| I | |||||||||||
| are | to | ||||||||||
| AI | AS | are are |
al. | tt tl |
i I |
||||||
| I | |||||||||||
| The | asa | concern | and | ||||||||
| ll | I |
| BALANCESHEETAS AT 3IMARCH2023 | ||||
|---|---|---|---|---|
| Nole | @ | r | ||
| f | ||||
| IIXEDTANGIBLEASSETS | Illl | |||
| Pern)anentEndo\meDl | TrinilyChapel | I106.2063l | 1,I06,206.33 | |
| E\pendable Capilal | 75 Staodard Road | 763.927.28 | '/63.t)27 2a | |
| 754 SturdardRoad | 750,000 00 | 750,000 00 | ||
| Chapel funrilure. lunnshingsedequipment | t6.120.69 | 17.578.80 | ||
| 2,636254.30 | ,,637JlLlr | |||
| Ct]RRENTASSETS | ||||
| Deblors | ir?l | 1,t)72.52 | 6.7',75.72 | |
| Cash and Deposrls | ttsl | 99.526.34 | I16.(,9712 | |
| 103.59t.86 | 123.472.81 | |||
| (.RUDI'TORS | ||||
| ,{noLilns tallingdue$ithinoneyear | ,rel | It.6l Ii7 | ||
| NETC1JRRENT ASSETS ORLIABILITIES | 90,686.65 | 111,861.2: | ||
| TOTALASSETS LESS CURRNNTLIABILITIES | 2.726.940.95 | 2,749.573.61 | ||
| CR.EDITORS | ||||
| Anrouilslrllingduealternrcrethmone | etr | tlel | l75.OO0 00 | |
| \ETASSETS | 1241 | 2i5UP.25 | ?,512Si3.C | |
| CHARITABLEFUNDS | lal | |||
| Endoumenl | I106.206.:i3 | l.loa: :l |
||
| ResLncted | 7.O385i | |||
| Designaled | 35 00 | |||
| Inreslncled | GeneralChdtablePurposes | -95.8203,1 | ,11,i, \:l | |
| Expendable Caprlal | 1.534,:lltl4t | |||
| 265!f4.q5 | 2.5{9_<-i.6- | |||
| I i,.Tnsleespresent thisBaiillceSheetbelieling itto representalrueardfair rien. ofthe(thuch'salfairs. |
ofi) | aa/ |
| cco 1a |
untingPolicies Basis of preparation The accounts are preparedinaccordance with the Accountinq Requlations set out under the Charities Act2011,and with the ChaitiesStatement of Recommended Practice 2015 [FRS102]. |
|---|---|
| 1b | lncome recognition |
| All incoming resources are includedinthe StatementofFinancial Activlties when the Church is legally entitled to the rncome and it is probable | |
| such income will be received. | |
| '1c | Donallons |
| Donations are accounted for gross when received | |
| 1d | Legacies |
| Legacies are accounted for when their receipt is certain and can be properly quantified. | |
| '1e | lnvestment lncome |
| lnvestment income is includedinthe accountsinthe yearinwhich it is receivable. | |
| 1f | Expenditurerecognition |
| All expenditure is accounted for on an accruals basis. Expenditure is recognised where there isalegal or constructive obligation to make | |
| payments to third parties and it is probable settlement will be required and the amount due can be measured reliably. | |
| 1g | Fund raising andpublicitycosts |
| The Church does not make rormal appeals forfundsother than encouraging members to support particular projects from time to time. | |
| th | Grants payable |
| The Church makes grantstoother organisatrons whose charitable objects complementitswork. | |
| They are accounted forinthe yearinwhich they are due to bepaid. | |
| 'lr | Governance and Support costs |
| Governance costs represent direct expenditure on the governance of theChurchMostofthe managementiscarried out without charge by volunteers. | |
| Thisintangiblecost is not includedinthe Statement of Financial Activities since there is no measurable cost to the volunteers for their seruice. | |
| Suppod costs are those that assist the work of the Church but do not directly represent charitable activities. | |
| S!pportcosts are allocated proportionately to the various charitable activities of the Church. | |
| - | FixedAssets |
| 3urlt in1868 sublect to the original trust the Church premises are includedinthe balance sheet at cost plus additions because | |
| raluat on would incur significant costs which would be onerous compared with the additional benefit gained by usersofthe accounts. -1eChurch adopted a constitution agreed between the Baptist Union of Great Britain and the Charity Commission 29 April 2009. |
|
| -reabsence of a market value means no depreciation is appropriate. -1efurniture, furnishings and equipment within the premises are includedinthe balance sheet atcostless depreciation. |
|
| -retwo residential properties,abequest from the late Samuel E. Cook, were professionally valuedin2020. | |
| Although the valuation took no account of the site's investment character, it nevertheless possesses considerable development potential. | |
| Both properties are utilised as manseproperties.Professronal valuations are obtainedat5yearly interyals. | |
| ;heChurch holds no investment assets. | |
| 'k | Depreciation |
| Buildings:No depreciation ischarged.Trinity Chapel is regularlymaintained.lmprovements and additions addtoits value. | |
| The Manse Site is professionally revalued every5years and is carried at the latest professional valuation (received September 2020). | |
| Chapelcontents:Depreciation is calculated to write off the cost on a straight-line basis over their expected usefullife, | |
| computers and other electrical equipment over 4yearc (25%), everything else over5years(20olo). |
| otes 5 |
relatingtoExpenditure Costs of Generating Funds |
Total 2023 |
Total 2022 |
||||
| Byvoluntary contributions plus subscriptions | and internal fund raising. | ||||||
| 6 | CharitableActivities | ||||||
| N4inistry | 70,796.97 | 1,953.56 | 0.00 | 72,750.53 | R1RU1q. | ||
| l\,4ission | 1,514.13 | 200.00 | 1,714.13 | (, a?,ca | |||
| Establishment | 76,069.84 | 44,733.i6 | |||||
| ,651.68 | 150,534.50 | 179,194.21 | |||||
| Govemance Costs | |||||||
| lndependent Examination | 375.00 | 375.00 | 350.0: | ||||
| l.4ansesite valuationfee | 0.00 | ||||||
| HMRC submissionfee | 0.00 | ||||||
| 37530 | 35Ci: | ||||||
| Yeafsexpenditure: | 109,026.68 | 41,882.82 | 0.00 | '150,534.50 | 1795412' | ||
| -iso-,90-5-50- |
| Total | Total | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||||
| I | Support Costs | ||||||||
| Administration Web-site |
16,949.88 1,846.06 |
'16,949.88 1,846.06 |
15aa-: '... |
||||||
| Training | 245.O0 | 24s.00 | |||||||
| Sundries | 429.92 | 429.92 | |||||||
| Subscriptions & Licences | 4,103.93 | 4,103.93 | |||||||
| Stationery & Postage | 103.73 | 103.73 | 9a: a: | ||||||
| Pension Deficit Contributions | 11157) | a1nE 1a | |||||||
| )6eo4 ?4 | 26,804.% | 21564.24 | |||||||
| Charitable Activities |
Grants and OtherGifts |
Capital Support Costs |
Endowment | Total 2023 |
Total 2022 |
||||
| Costs of generating funds | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Ministry | 72,750.53 | 0.00 | 4,452.66 | 0.00 | 0.00 | 77.203.19 | 81,627.55 | ||
| Mission Establishment |
1,714.13 76,069.84 |
0.00 49,259.30 |
22,351.58 | 0.00 0.00 |
0.00 0.00 |
50,973.43 98,421.42 |
52,832.96 66,069.09 |
||
| Governance costs | 375.00 | 0.00 | 0.00 | 0.00 | 375.00 | 350.00 | |||
| '150.909.50 | 49,259.3026,804.24 | 0.00 | 0.00 |
226,973.04 | 200,879.60 |
| TrinityBaptistChurchBexleyheath | Charity No.1130034 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes to the Accounts for year ended3'1March | 2022 | Continued | ||||||
| Total | Total | |||||||
| 10Grants Payable | 2023 | 2022 | ||||||
| lesd | ||||||||
| Group gifts transferred to | 0.00 | |||||||
| Fellowship lund - hardship relief | 4,864.00 | |||||||
| Christian Resources in Bexley Schools | 7,271.52 | |||||||
| Cornerstone | ||||||||
| Spurgeon's College | ||||||||
| Bexley Foodbank | ||||||||
| Evergreen Care Bexley | ||||||||
| London City Mission | ||||||||
| Thamesmead Debt Centre | ||||||||
| Greenwich & Bexley Hospice | 0.00 | |||||||
| Appeal Response Fund | 7 | 0.00 | ||||||
| 11,729.12 | ||||||||
| National & lnternational | ||||||||
| BN4SWorld Mission | 3, | 3,191.14 | 2,634.84 | |||||
| LBA - Home Mission | 2,710.94 | 2,165.64 | ||||||
| Mr &l/rsHaruood with OM | 0.00 | 11,565.00 | ||||||
| Mr &NrrsDallman with OMF | 0.00 | |||||||
| AZAR | 1, | '1,165.20 | ||||||
| Hope Health Action | 0.00 | 0.00 | ||||||
| Carroty Wood | 0.00 | |||||||
| 0.00 | 0.0c | |||||||
| 0.00 | 0.00 | |||||||
| Op Mobilisation | 10,861.00 | 0.00 | ||||||
| WestWatch | 0.00 | 0.04 | ||||||
| Yohan Fernando | 0.00 | 0.!a | ||||||
| Sat7- Joyce Weller Memorial | 0.00 | |||||||
| Evergreen Care Bexley -X'lvas | 0.00 | |||||||
| l.,1c1.4,llanCancer Coftee Morning | 0.00 | c.ca | ||||||
| Bible Society | 0.00 | c.ca | ||||||
| BarnabasFund | 0.00 | |||||||
| IJM UK | 0.00 | |||||||
| BMS Worldl.4ission | 0.00 | |||||||
| Overseas Missionary Fellowship-J &P | 11 | cc: | ||||||
| 34g9.ia | ||||||||
| Total Grants | ||||||||
| General Fund | Designated | Restricted | Capital | Endowment | ||||
| (1,497.60) | 1,497.60 | |||||||
| (299.52) | ||||||||
| l | ||||||||
| .:-ions from | i | |||||||
| anapel | 0.00 | |||||||
| 0.00 | ooo | 0.00 | ||||||
| oo0 | ||||||||
| -lvlanse site | 0.00 | o.oo | ||||||
| Repayment of Loan-Crs | 0.00 | 0.00 | ||||||
| (1,198.08) | 0.00 | 1,198.08 | 0.00 |
| Analysisof | ||||||
|---|---|---|---|---|---|---|
| Value at | ||||||
| Manse75 | Manse75A | 31la3t2023 | 3',1t03!2422 | |||
| Professional | 650,000.00 | 750,000,00 | ||||
| 750,000.00 | 1. | |||||
| Capital | 0.00 | 0.00 | 75 StandardRd | 763,927.28 | ||
| 0.00 | 0.00 | 75A StandardRd | 750,000.00 | 750C000c | ||
| Carrying Value31March2023 | 763,927.28 | 750,000.00 | ||||
| Balance Sheet Value March 2023 |
| TrinityBaptistChurch | TrinityBaptistChurch | Bexleyheath | Bexleyheath | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,000.00 | ||||||||||||
| Other creditors | 12,912.21 | 7,799.33 | ||||||||||
| Accruals | 0.00 | 412.24 | ||||||||||
| Credltors:amountsfalling | due beyond one year | 175.000.00 | 200.000.00 | |||||||||
| 20 | ||||||||||||
| '1,106,206.33 | 1,106,206.33 | |||||||||||
| Reduction during the year | 0.00 | |||||||||||
| Balance as at 31N.4arch2023 | 1J0620633 | 1J0620633 | ||||||||||
| 01.04.2022 | lncoming | Resources | Gains and | Transfers | 3't.03.2023 | |||||||
| Resources | Expended | losses | ||||||||||
| 21 | ||||||||||||
| 75 Standard Road | occupied | as a manse | 763.927.28 | 0.00 | 763,927.28 | |||||||
| 75A StandardRd | additional | manse | 750,000.00 | 750,000.00 | ||||||||
| Chapel furnishings | andequipment14 | 17,57A.A0 1,531,506.08 |
7sq.d 2,216.72 758.6'1 2,216.72 |
0.00 |
0.00 |
20,554.13 1,534,481.4',1 |
||||||
| 22 | Analysisof non-generalCashfunds Restricted |
Transfersln | Transfers Out | |||||||||
| Fellowship Fund | 6,781.44 | 5,121.11 | -4,864.00 | 7,038.55 | ||||||||
| Bexley Food Bank | 0.00 | 0.00 | ||||||||||
| Cornerstone | 0.00 | 0.00 | ||||||||||
| Christian Resources | in Bexley | Schools | 0.00 | |||||||||
| Total Restricted: | 7 038.55 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| 35.00 | 0.00 | 0.00 | 0.00 | 35.00 | ||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Total Designated: | 35'o0 |
| 24 | Analysis ofNetAssets | Fixsd | Other | Current | Total | Total | |||
|---|---|---|---|---|---|---|---|---|---|
| Endowm€nt | Fixed | Assets | Funds | Funds | Assets | Assets | |||
| Analysis of Net Assets and Funds | Assets | Assets | 2023 | 2022 | |||||
| EndowmentFund-Chapelprem RestrictedFunds DesignatedFunds CapitalFund-Mansesite |
14 22 23 12 |
1,106,206.33 | 0.00 | 35.00 1,513,927.28 |
1,106,206. 7,038. |
'1,106,206.33 7,038.55 35.00 1,513,927.28 |
1,106,206.33 6,741.44 35.00 't,513,927.24 |
||
| CapitalFund-Chapelcontents | 14 | 0.00 | 20,554.13 | 24,554.13 | 23,641.96 | ||||
| General Fund | 0.00 | -95,820.34 | 101,018.34 | ||||||
| Previous year's balances(2022) | 1,106,206.33 | 1,537,569.24 | 0.001,436,585.90 | 1,112,587.77 | |||||
| 25 | General Fund and Resources available | ||||||||
| General Fund | -95,820.34 | Cash | 121,915.64 | ||||||
| lnterest Free Loans repayable | -3,000.00 | 4,072.52 | Debtors | 10,836.45 | |||||
| Non-General fund balances | 14,506.S9 | -12,912.21 | Crcdilors | -21,672.24 | |||||
| 9.lqq | Loans | -13.000.00 | |||||||
| 90,686.65 | Net Current Assets | 98,079.85 | |||||||
| ::---@ | -175,000.00 ry |
LBPB Loan | -225,000.00 r-rffi |
||||||
| -98,820.34 |