2023-03-31-accounts

		Page
Statement of Finanaal	Accvltles
Balance Sheet
Notes to the Accounts		9- 16
Independent Examiners'	Report	17

				Notes	Unrestricted Funds	Designated Funds	Restricted Funds	Tots!Funds 2023	Total Funds 2022
					6	6	6	f	6
Income and expenditure
Incoming resources
Personal giving					118,581			118,581	112,942
Tax recovered on Gift Aid					28,221			28,221	24,639
Bank and Building Society Interest					317			317	14
Premises hire and sundry income					13,883			13,883	7,516
Restncted givmg - missions	and	donatrons					19,551	19,551	17,292
Restncted givmg - other							72,266	72,266	52,347
Designated gnnng —other						6,745		6,745	26,669
Total incoming resources					161,002	6,745	91,817	259,504	241,419
Resources expended
Direct charitiable expenditure					158,192		190.423	348,615	204,534
Expendrture from Drganisations		and events
Total Resources expended					158,192		190,423	348,615	204,534
Net Income i (Expenditure)	for		the year		2,810	6,745	(98,606)	(89,051)	36,885
Transfer between funds					(3,682)	(26,349)	30,031
					(872)	(19,604)	(68,575)	(89,051)	36,885
Other recognised movements
Pension deficiency interest cost					(595)			(595)	(212)
Actuanal change to balance	sheet liebgty				19,521			19,521	901
Net movement ln Funds					18,054	(19,604)	(68,575)	(70.125)	37,574
Balances brought forward at	Isi	Apnl 2022			78,222	29,219	1,986,487	2,093,928	2,056,354
Balances carried forward at	31st		March 2023	8,9 & 10	96,276	9,615	1,917,912	2,023,803	2,093,928
There were no other recogmsed			gains and losses

						Notes		2023		2022
								6		6
Tangible fixed assets								1,944,944		1,946,593
Current esseta
Debtors							15,576		26 778
Short term	deposits						68,986		108,801
Cash et bank and		in	hand				45,467		47,381
							130 031		182,960
Liabilities:	amounts		falhng due	withm	one year
Cretii'tora							(9256)		(15,125)
Net Current	assets							120775		167,835
Total asseta less		current liabilities						2,065,719		2,114,428
Liabilities:	amounts		falling due	after	more than one year
Credrtors						71		(41,916)
Defined benefit pension scheme				liability						(20,500i
Net assets
Chantable	Funds
Unrestncted								96,276		78,222
Designated								9,615		29,219
Restncted						10		1,917,912		1,986,487
								2,023,803		2,093,926

	A0 expendrture ex	cept for malor	cept for malor	expenditure on property	, is chargtxf as direct cherrtable	expenditure in the year w	hich it is incurre	d, end is not	capntaaed
2	Direct Charitable	Expenditure
					Unmstncted	~esrgnated
					Fuiids	Funds	Restncted	Funds	Total Funds 2023	Total Funds 2022
	Staff Costs
	Mimster and mense				42,981				42 981	33,608
	Church administrator				13,249				13,248	13,256
	Mission to Seniors				10,962				10,862	14,900
	Children's worker									19,677
	Youth worker				13,47D				13,47D	13,219
	Bookkeeper				7,679				7,679	9,558
	Caretaker/Cleaner
	Total staff costs (see Note 3 below)				88,24D				88,24D	103,218
	Other Costs
	Bspbst church premises		expendaura		32,690		170,915		203,605	45,040
	Management and admmistrebon			costs	10,37D				10,370	6 075
	Youth end children									608
	Outreach				751				751	(316)
	Music end PA equipment				3,926				3,926	4 377
	Ministry Tre ning				949				949	1,447
	Other ministry end	acbvrbes			2,366				2,366	2,602
	Missions end donetrons		(see Note 4 below)		18,900			19.508	38,408	39,483
					158,192		190,423		348,615	204,534

Staff Costa end T	rustees Expense	s								2023	2022
Satanas										73,452	84 SSD
Social Seonrhj costs											293
Parlslon costs										9,631	12,575
Manse costs										4,9D3	5,621
Other costs										254	149
Total										SS,240	103,218
The average number ofemployees		dunng	the year was
No employee received emoluments		m excess off50 000 dunng		the year	No sums were mimbursed		to the	Trustees for	their uork es Trustees.
Missions ahd Dohatlona
				Unrestricted		Deslgmlled			Re stn cted	2D23	2022
								6			6
Home Mwsion					2,000					2,000	3,8DD
BMSWodd Mission					I,DDD					1,000	3 SDD
City Centre Cha plein					I,DDD					1,000	I 150
Street Pastors					1,000					1,000	1,000
Heel Afnca									I 050	1,050	1,050
August and Anrta Besson, AI.M					1,400				1,350	2,750	2,550
FaSowship Fund									1,570	1,570	2,26D
Beny and Heather	Mann				6,10D				8.059	14,159	12,738
Becky Sleds					1,700					1,700	1,756
lan and Emma Pickett					4,100				1,050	5,150	5,050
Grotnnp Natmns									4 263	4,263	2,193
tDngdom Business
Other donetmns under 61,000 each					60D				2,166	2,766	2,136
					18,90D				19,508	38,408	39,483

			Equipment	Church	Manse		Total
At I Apnl 2022			8,246	1,789,996	150,000	1,946,242
Additions
At 31 March	2023		8,246	1,789,996	150,000	I	848,242
At I Apnl 2022			1,649				I 649
Deprecation	charged	in lhe year	1649				I 649
At 31 March	2023		3,298				3,298
Carrying amount
At 31 March	2023		4,948	I 789996
At 31 March	2022		6 597	I 789,996	150,000	1,946,593

	Accrued men	me
	Prepaymants	and other debtors
7	Creditors:	amounts	falling due within one year
	Other creddom
	Acc rue la
	Buildng fund	loan from	members
7.1	Creditors:	amounts	taglng due after more than one year
	Buildng fund	loan fmm	members

9	Designated	Designated		Funds
						Balance et	Transfer		Movement	m resouram			Balance et
						1 Apnl 2022	between	fund	Incoming		Qutg	an g	31 March 2023
									f			f
	Producbon		of mwsion		resources to seniors	1.845							1,845
	Working	vnth		children	and families	705							705
	Children	2				320			1,089				1,409
	The Link								5,656				5,656
	Building	fund				26,349	26	349
						29,219	26,349		6,745				9,615

Restnc	ted Funds
		Balance at	Transfer	klovement	in resources		Batanrw et
		1 Apnl 2022	tetween fund	Incoming		Outgoing	31 March 2023
		E		E		E
Fixed asset fundsi
Church	premises	1,789996					1,789,996
Mense	(senior mmwterl	150,000					150000
Other funds:
Mwsion	& Donations	18,921	(4,3181	19,551		19,506	14,tt46
Future	Prolects	27,570	34,349	72,266		170915	(36,730)
		1,986,487	30,031	91,817		190,423	1,917912

to contnbute a lum	p sum of80	.5m by 31	December 20	20 The current Recovery Plan	dated 30 September
The key financia	essumpuons	underlying	the valuation	were ss fogows
Type offinancial	aaaumptfon				%ps
RPI prka. Inflation	essumpbon				320%
CPI pnce infiabon	assumpbon				2 70'4
Mimmum Pensionable Income		Increases
(CPI plus 0 75'4 pa)					320%
Assumed mvestment returns
- Pre-reurement					2 95%
- Post-mtirement					1 70%
Deferred pension	increases
- Pre Apnl 2009					320%
- Post Apnl 2009					2 50'4
Pension increases					2 70'4

on 30th June 2022 the Baptist Pension scheme signed	on 30th June 2022 the Baptist Pension scheme signed	on 30th June 2022 the Baptist Pension scheme signed	on 30th June 2022 the Baptist Pension scheme signed	an agreement	an agreement		wrth the msurance	wrth the msurance	wrth the msurance	company Just	Group ('Just') to	secure DB Plan members	pensen	pensen	benefits	Just are now prowding	Just are now prowding
hnenrual backing for afi pensions provided	through		ttie Scheme's		DB	Plan and fofiomng				the transacbon,	the Scheme no longer has 6 shorlfeg. An		updated	Recovery		plan vms then signed	ln
August 2022 under which recovery contnbutmns from each parlimpsting							employer	m	the	DB Plan reduced to El per month		from August 2022
Movement ln Balance Sheet Llebgtty
Secbon 28 11Aof FRS 102 requires agrmrd		deficn	recovery payments				to be recognised			as e Imbauy
The movement in Ihe provision is set out	in	Ihe table below
															2023		2022
															6'
Balance sheet liabdrty at 1 April 2022															20,500		25,635
Minus defktency conmbutlons paid															(1,574)	(4,646)
Interest cost (page 7) Remaining change to balance sheet Irabfirty		(page	7) '												595 (19,521)		212 (901)
Balance sheet lwbihty et 31 March 2023																20,500
' Compnses any change in agreed oefimt	recovery		plart end change			in	assumphons		between year ends.
Accounting date												31 Msrcti 2023	31 March 2022			31 March 2021
Dwcount rate												5 69)			3036		094
Future increases to Minimum Pensionable	Income											3 4)k			4 936		35'4