**REGISTERED CHARITY NUMBER: 1130343**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31st March 2022**
**for**
## **Altrincham Baptist Church**
Allen Mills Howard & Co Chartered Accountants Lewis House 56 Manchester Road Altrincham Cheshire WA14 4PJ
**Altrincham Baptist Church**
## **Contents of the Financial Statements for the year ended 31st March 2022**
||**Page**|
|---|---|
|**Chair's Report**|1|
|**Report of the Trustees**|3|
|**Independent Examiner's Report**|10|
|**Statement of Financial Activities**|11|
|**Balance Sheet**|12|
|**Notes to the Financial Statements**|13|
|**Detailed Statement of Financial Activities**|24|
## **Altrincham Baptist Church**
## **Chair's Report**
## **for the year ended 31st March 2022**
It was on Easter Sunday (4[th] April) of 2021 that the church first gathered together as a whole church community since 22[nd] March 2020. Therefore, this day had significance for two reasons – both the most significant day in our Christian calendar and the end of a year in which the church had gathered Sunday by Sunday around laptop screens and tablets to express our shared worship together.
Since that Easter Day the church seems to have been on a gradual but steady return to something approaching our normal shared life and activity together. This return has been marked by great caution by many and indeed the opportunity to reassess their church engagement and membership of Altrincham Baptist Church (ABC) by some. But now, a year on from that return, together the church seems increasingly settled and has established new patterns of activity, shaped to suit the new world into which we have emerged.
## **Gathering**
Whilst the church returned to gathering together on Sunday mornings, there were also a number of changes to how we met. We changed the time of meeting to 10:30am (from 10:00am) in response to the perceived need to give families more space and time on Sunday mornings. We also decided not to restart Sunday evening meetings. These had seen reducing numbers before the pandemic and it therefore seemed unnecessary at this point to restart them – a decision which seems to have been met with broad approval. Whilst in-person meetings were re-established we continued to offer ‘Zoom’ as a means to ‘attend’ the services online. Indeed, at first, this remained the means by which most people attended Sunday services, albeit that over the year there has been a drift back into gathering in the church building.
In addition to this, some people have chosen to no longer attend ABC and have formally resigned their membership in favour of attending other local churches. Whilst we are sad that this might be the case, we also recognise the fact that the pandemic has caused people to reflect on all areas of their lives and we therefore wish them well in their new places of worship. On the other hand, we have seen some evidence of new people attending ABC (for the very same reason that some have left).
All this has impressed on us the need to re-establish our shared life together. People have become ‘Zoom-weary’ and whilst there remains high levels of caution about in-person contact we have begun to look at how we might best facilitate community and discipleship life which aids connection and mutual encouragement in faith and service.
## **Discerning Inclusion**
In February 2021, the teaching on Sundays was themed around Jesus’ engagement with marginalised people. On 21[st] February this was led by two women from the congregation who applied the given passage by suggesting that the church should welcome and include all those from the LGBT+ communities. This was a challenging application and some in the church were affronted by this, while others welcomed it. The elders determined that, given we were still in the throes of the pandemic, this was not the right time to address the issue. Any formal discussion about this subject was deferred for a later date.
## **Hub Activity**
In my report for the previous year, I gave some detail regarding the significant role the church had fulfilled through The Hub. Our community building had, in response to the request by Trafford Council, taken on a number of essential community activities to serve the people of Altrincham, many around the provision of food, prescriptions and other essential services, along with helping to address loneliness and isolation.
As we have begun to move out of the pandemic the crucial need for these services has lessened. The Food Bank returned to its original setting and, as people reconnected, the need for Wellbeing Calls and Buddy Walking has reduced. However, Trafford Council has recognised the incredible work which The Hub (and the five other Response Hubs across the borough) have done and have wanted to maintain this in some way. The result of this has been that our ‘Response Hub’ has now morphed into becoming a ‘Community Hub’. This has maintained some of the activities started during the pandemic but has grown some more. We now hold a weekly Community Meal to gather and socialise those who are lonely. We continue to offer Christmas Hampers and also became a venue for ‘The Bread & Butter Thing’ (TBBT). ‘TBBT’ collects excess or near to end-date food from supermarkets and other food retailers bringing them to The Hub each Tuesday where the food is sorted into identical bags, three of which can be purchased by each household for £7.50. Whilst take up for this was initially slow, we expect that we will soon reach maximum capacity of eighty-two households.
Over the year we have hosted a number of events for those from the Hong Kong community, who have relocated to the UK – seeing some attend church on Sunday mornings. Following the Russian invasion of Ukraine on 20[th] February, we anticipate that we may well be involved in responding to the influx of Ukrainian nationals fleeing their country.
Page 1
## **Altrincham Baptist Church**
## **Chair's Report for the year ended 31st March 2022**
## **Summary**
Over the past year our Sunday services have focussed on those subjects which we believe have been appropriate to the times and have continued to encourage us in our Christian faith and following of Jesus. We undertook a major series through the Gospel of Matthew, questions of life and of death and through the Autumn revisited our values and the importance of our corporate life with a series entitled ‘We not Me’.
The year ended with an opportunity to regather at our annual ‘Carols in the Park’ event – something which we had been denied in the previous year. We refreshed our ‘Advent Trail’ and again saw thousands engage with our ten stations around John Leigh Park.
We pray, work towards and anticipate that the coming year (the 150[th] in the church’s history) will bring further growth and that we will take the opportunities to innovate and be creative in the new ways which are now necessary. Witnessing and sharing faith sits alongside our social activities and bringing of the Kingdom, yet new forms of this are emerging and the future ways this will be expressed are yet to be established. Faithfulness to God does not mean simply regurgitating the words and ways of the past (although to some that may seem to be the most faithful thing.) We follow the ever-creative God, the divine improvisor who, if we remain true to the story and its direction, will continue to write new and exciting chapters in the story of ABC.
## **Reverend Ashley Hardingham - Lead Minister**
Page 2
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (issued October 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
Altrincham Baptist Church was founded on 19th April 1887 and our Hale Road chapel was acquired on 27th August 1892. The church has worshipped in this building since then, apart from temporary period of relocation due to building works from 2007-2012. The charity also leases the Hub building on Pownall Road (since 2008) from Trafford Council.
The principal purpose of the church, as set out in the constitution, is the advancement of the Christian faith according to Baptist denomination principles. The church may also advance education and carry out other charitable purposes in the United Kingdom or other parts of the world. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord.
The mission accurately reflects the activities that encompass the fulfilment of the charity aims. The mission statement is "be a disciple, make disciples and reveal the kingdom of God". By encouraging the example set by Jesus Christ in the New Testament, the church seeks to enable its members and attendees to achieve the stated purpose set out above.
## **Significant activities**
The last year has seen a return to activities across the church since emerging from the pandemic. Sunday morning services and the associated activities of children and youth groups have re-established and seen new individuals and families attending. The church also arranges events at certain key times of the year and invites the community to attend or participate, for example a summer holiday club, Christmas nativity and carol service.
Measuring whether the church’s stated purpose and mission statement are being achieved is not always straightforward, but what remains the most significant factor is the number of individuals who accept Christ as their Lord and Saviour and regularly attend activities associated with the church. Also, vital to measuring our impact in the local area is the number of people that interact with and gain support from the activities provided through the church in the Hub. It is the hope of the church that people accessing support through the Hub would come to know Jesus Christ and engage with the church through Sunday morning services or other groups organised throughout the week.
The Hub building, leased from Trafford Council continues to be used to provide support for the community and offer a range of activities in the form of clubs and classes. In the year covered by this report, the Hub has continued to provide crucial support in partnership with Trafford Council through providing many outlets of support for those in the local community. The Hub building also leases out its rooms for private hire and has a café which unfortunately was closed for some months due to staffing matters.
The church gives away a proportion of its income to other individuals or organisations by way of gifts. These are overseen by the World Mission Team which reports to the Charity Trustees. Further gifts are made following specific opportunities for Harvest giving in October and Christmas. The church is also invited to contribute to other community giving initiatives, for example Christmas and Easter Hampers for families accessing the food banks or the Christians Against Poverty debt service.
The church is fortunate to have so many people who give of their time to volunteer in various aspects of the running of the church. There is a paid staff team (mostly part time) of thirteen who undertake the core ministry and administration of the church. The volunteers resource many aspects of running the Hub (e.g. café and reception) and Sunday gatherings (e.g. music, audio-visual, welcoming, children and youth activities).
Page 3
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
## **OBJECTIVES AND ACTIVITIES - continued Public benefit**
The Trustees confirm that they have taken into account to the Charity Commission's general guidance on public benefit when reviewing our mission, purpose and objectives and in carrying out the Church activities. We have concluded that the Church operates in compliance with these guidelines.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
As a church it is not our practice or raison d'être to either set or focus on quantifiable expressions of performance. Instead, we might describe progress in terms of largely qualifiable expressions, such as the transformation of individuals' lives to be as Jesus was, and as described in the Bible. The extent of change in lives is perceptive and observable and any degree of change dependent on the viewpoint of the observer.
In the year covered by this report, activities of the church have been slowly resuming and returning to the level of activity enjoyed prior to the pandemic. In addition to the Sunday service and associated children’s provision, the activities in the Hub building have begun to recommence. These include rooms for private hire for paid or free activities for the general public, with a view to providing support, friendship and community engagement. These include a toddler group twice a week, Little Stars group once a month for parents and carers of children under 3.5 with additional needs, Paddingtons peer support group for families created through fostering and adoption that meets once per month. Additionally, the work done in partnership with Trafford Council and charity groups has been substantial with the hosting of The Bread and Butter Thing food distribution charity, reaching its maximum capacity of eighty recipients, Community meal every Wednesday evening, emergency food bank and children and young people’s provision. All of these activities are supported by a growing team of volunteers.
Church membership in April 2021 was 228, reducing to 216 by March 2022. There were fourteen resignations from membership, three new members joined, and three members died in that period.
## **FINANCIAL REVIEW**
## **Financial position**
The church continued to have two main income streams. Donations and income from activity at the Hub. Donations support charitable activity at the church, the main overhead being salaries. Total income was £527,127, 16.6% higher than the previous year (2021: £451,875). Donations for the year were £488,273, 14.8% higher than the previous year (2021: £425,294) due to a legacy being received totalling £76,366.
Grant income received during the year was £94,840 (2021: £80,121), the majority of which, in both the current and previous financial years, relate to the Community/Response Hub which are restricted for use on this activity.
Operating costs were £361,120 (2021: £392,772), a decrease of 8.1%, resulting in an operating surplus (before depreciation charges) of £166,007 compared to the previous year’s operating surplus of £59,103.
As Hub operations returned to normal after the Covid-19 pandemic, rental and café related income was £30,251 compared with £4,316 in the previous year. Operating expenditure on coffee lounge and toddler group was £4,374 compared with £642 in the previous year.
Total funds carried forward are £747,608 compared with £755,234 the previous year. Unrestricted general funds stood at £400,591 (2021: £226,431) at the balance sheet date. The balances in other funds are detailed in note 12 to the financial statements.
Page 4
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
## **FINANCIAL REVIEW - continued Reserves policy**
The charity generates a regular income by way of gifts and donations, as well as the hiring of rooms at The Hub and the operation of a café, which is adequate to cover the projected expenditure. In addition, the charity seeks to maintain free reserves equivalent to three months' expenditure to enable it to meet any unforeseen costs or to cover any short term drop in income. Free reserves held at the balance sheet date are £237,187 (2021: £198,147).
## **Restricted funds.**
The Christian Against Poverty ("CAP") fund was established in 2008 to account for the activities of the church working alongside the charity of the same name.
The Contact Centre Fund was established in 2007, to account for the activities associated with the Contact Centre operating in church premises on Saturday mornings.
The Turning the Tide Fund ("TTT") was launched in January 2007 in order to raise funds for a reconstruction of the Hale Road church buildings. The Millennium Fund was launched in December 1997. These funds are shown together although they are accounted for separately.
The Manses Fund relates to The Holborn Trust, which was set up in 2008 to account for the proceeds of the sale of 80 Hale Road, Altrincham. Holborn Trusts are the Model Trusts for Manses approved by the Union pursuant to the Baptist and Congregational Trusts Act 1951. A second manse, 43 Hale Road was sold in 2012, the proceeds of both these sales are held in a separate fund.
The Hub Fund is held to support the activities and renovation of The Hub Community Centre.
The Blessings Fund is available for the needs of individuals and families who have been referred to us in relation to the Altrincham Community Hub. Where livelihoods have ceased or have been impaired, the funds are used to give financial help for food, rent or utility bills.
Response Hub funds are used to support the operating costs of the Response Hub run in partnership with Trafford Council.
## **Fund transfers.**
£8,900 was transferred from general funds to the restricted Christian's Against Poverty (CAP) fund to cover the costs of a salaried worker and other expenses and this is accounted for in the CAP fund. In addition, £1,400 was transferred from general funds to the restricted Blessings fund during the year.
## **Going concern**
The Trustees have reviewed the circumstances of the charity and consider that adequate resources continue to be available to fund the activities of the Church for the foreseeable future. The Trustees are therefore of the opinion that it remains appropriate to prepare the financial statements on the going concern basis.
Page 5
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
## **FUTURE PLANS**
The major aspects of future planning are as follows:
a. Whilst some minor renovations are under way at The Hub, (new flat kitchen, renovated café, toilets converted to store-rooms – we hope that we will soon begin the major work of renovating the toilets and central core area of the building.
b. Securing long-term funding for the Response Hub remains one of our key objectives.
c. The establishing of new and appropriate services and activities to serve the community. With the cost of living increasing and inflation ticking up, we are seeing increasing need for cheap or free food and for the kind of support which addresses isolation and loneliness.
d. Appointing a coordinator to manage the Renew Wellbeing Centre at the Interchange is the key appointment to be made.
e. We anticipate that we will soon appoint a Missions Leader to lead on the work of developing new leaders and creating more communities across the life of the church.
f. In February we started a process of discernment regarding the inclusion of LGBT+ people within the life of the church. Whilst some of the future elements of this are mapped out we remain unsure about the whole of the process as well as the ultimate destination of this discernment.
g. We ended the year will another significant surplus to the church accounts. However, the departure of a number of people from the church over the year and the consequent drop in giving is likely to cause some financial challenges in the future.
h. Finally, as we begin to emerge from the pandemic it seems only right that we reflect on the kind of church we believe to be appropriate to the present landscape. The church nationally is in decline and recent estimates suggest that the pandemic has caused a further loss of 20% of those who had previously attended church. Whilst the temptation exists to double-down on those who remain – defining church around their needs and desires – we must be bold and prophetic – retaining our calling to be salt and light to the whole of our community.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The current church constitution was adopted in 2009. This is enhanced by a practice and procedures document which sets out in more details how the general aims and proper governance of the church are to be achieved.
## **Recruitment and appointment of new trustees**
The constitution provides for the appointment and retirement (on rotation every three years) of the Charity Trustees, who are also either Ministers or Elders of the church. There must currently be no less than 7 and no more than 12 trustees in addition to any Ministers, and whilst Trustees may also be employees there must always be a greater number of non-employed to employed Trustees.
Page 6
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT - continued Organisational structure and decision making**
During 2021-22 the church was run on a day to day basis by the Core Team which consisted of:
- Lead Minister
- Assistant Minister
- Youth Pastor
In March 2022 the Children and Families Worker position was filled, and the post holder commenced in April 2022. The post of the Operations Leader remained vacant for the year despite advertisement and requests to other local churches to advertise the vacancy. This has meant that the remaining core team have carried significant additional work in this year, as well as the charity trustees taking on additional responsibilities to ensure the key requirements of the operation of the church were fulfilled.
Three new Trustees were elected in the year 2021/22 in accordance with the process set out in the Church Constitution. Two Trustees completed their term of appointment and did not offer themselves for re-election. One Trustee resigned their post in December 2021. A new church secretary was appointed in October 2021 and a new treasurer was appointed in July 2022.
The Trustees meet as follows:
- At least once each month (save for August) including some other members of the leadership team to discuss spiritual and business issues and for prayer.
- Three times each year for Trustee business
- Two or three times each year including all members of the church leadership team ("Core Team").
Decisions of the charity are made by the church members. The trustees have delegated authority from the church membership for most routine decisions, and in turn some are delegated to staff (primarily the Core Team). The constitution sets out the circumstances in which the members meeting must decide issues and the basis for any vote. The church meeting is an important reporting and accountability mechanism for the trustees. There are at least six church meetings each year including an AGM (usually in June) for which an annual report is produced.
Minutes are kept of all Trustee and church member meetings.
## **Key management remuneration**
The Core Team are accountable to the Trustees. The Lead Minster and Assistant Minister are also Trustees. Pay for the Lead Minister is set taking into account guidance for UK based minister stipends set by the Baptist Union but also mindful of our budgeted income and other expenditure.
## **Related parties**
The church is affiliated to the North Western Baptist Association and also the Baptist Union. The church is not permitted to hold or own property and property is currently held on behalf of the church where necessary by the Baptist Union Corporation (previously North Western Baptist Association).
One of the charity's trustees, Revd Ashley Hardingham, holds the title to property in which Altrincham Baptist Church has an interest.
The church agrees, from time-to-time, to partner with other bodies (with similar charitable aims) or charitable organisations by way of "Associated Ministries". These are primarily overseen by the World Mission Team, responsible to the Charity Trustees. These are referred to in the "Achievements and performance" section of this report.
## **Risk management**
The Trustees confirm that they have identified and considered the major risks to which the Charity is exposed, the potential impact of individual risk should they materialise and, what mitigating actions are taken or need to be taken, in order to reduce each risk to a level which the Trustees consider to be acceptable.
Page 7
## **Altrincham Baptist Church**
## **Report of the Trustees for the year ended 31st March 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT - continued Trustees' indemnity arrangements**
Individual indemnities have been provided to the trustees, under which the charity has agreed to indemnify the trustees to the extent permitted by law in respect of all liabilities to third parties arising out of, or in connection with, their execution of their powers, duties and responsibilities as trustees of the charity.
The Trustees have a duty to identify and review the risks to which the Church is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1130343
## **Principal address**
Hale Road Altrincham Cheshire WA14 2EW
## **Trustees**
Rev A Hardingham – Chair Rev A Hawksworth Mrs S Hickson – Secretary Mrs S Roberts Mr P Rowley – Treasurer to 6.7.22 (resigned 6.7.22) Mr A Wilson (resigned 6.7.22) Mr M McKay-Smith (resigned 2.5.22) Mrs N Avery (resigned 15.7.21) Mr O Aluko (appointed 15.7.21, resigned 01.12.21) Mrs C Addis (appointed 15.7.21) Mrs V Horner (appointed 15.7.21) Dr I Ormshaw – Treasurer from 6.7.22 (appointed 6.7.22) Mrs C Booth (appointed 6.7.22) Mrs K Holt (appointed 6.7.22) Mrs H Rouse (appointed 6.7.22)
## **Independent Examiner**
Mr David Allen FCCA Allen Mills Howard & Co Chartered Accountants Lewis House 56 Manchester Road Altrincham Cheshire WA14 4PJ
## **Solicitors**
Fiona Bruce Solicitors, Justice House, 3 Grappenhall Road, Stockton Heath, Warrington, Cheshire, WA4 2AH
Page 8
## **Altrincham Baptist Church**
**Report of the Trustees for the year ended 31st March 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS - continued Bankers**
Royal Bank of Scotland, 4 The Downs, Altrincham, Cheshire, WA14 2PY
Approved by order of the board of trustees on 16[th] January 2023 and signed on its behalf by:
Rev A Hardingham - Trustee
Page 9
## **Independent Examiner's Report to the Trustees of Altrincham Baptist Church**
## **Independent examiner's report to the trustees of Altrincham Baptist Church**
I report to the charity trustees on my examination of the accounts of Altrincham Baptist Church (the Trust) for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr David Allen FCCA Allen Mills Howard & Co Chartered Accountants Lewis House 56 Manchester Road Altrincham Cheshire WA14 4PJ
17[th] January 2023
Page 10
## **Altrincham Baptist Church**
## **Statement of Financial Activities for the year ended 31st March 2022**
|Notes
**INCOME FROM**
Donations & legacies
2
**Charitable activities**
Church activities
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Church activities
Other - support costs
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
12
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
**£**
**387,207**
**5,434**
**30,251**
**3,169**
**426,061**
**4,374**
**172,359**
**125,016**
**301,749**
**124,312**
**(10,439)**
**113,873**
**286,718**
**400,591**|**Restricted**
**funds**
**£**
**101,066**
**-**
**-**
**-**
**101,066**
**-**
**43,287**
**189,717**
**233,004**
**(131,938)**
**10,439**
**(121,499)**
**468,516**
**347,017**|**2022**
**Total**
**funds**
**£**
**488,273**
**5,434**
**30,251**
**3,169**
**527,127**
**4,374**
**215,646**
**314,733**
**534,753**
**(7,626)**
**-**
**(7,626)**
**755,234**
**747,608**|2021
Total
funds
£
425,294
18,963
4,316
3,302
451,875
642
249,038
314,463
564,143
(112,268)
-
(112,268)
867,502
755,234|
|---|---|---|---|---|
The notes form part of these financial statements
Page 11
## **Altrincham Baptist Church**
## **Balance Sheet 31st March 2022**
|Notes
**FIXED ASSETS**
Tangible assets
8
**CURRENT ASSETS**
Debtors
9
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**Unrestricted**
**funds**
£
**27,369**
**16,967**
**368,398**
**385,365**
**(12,143)**
**373,222**
**400,591**
**400,591**|**Restricted**
**funds**
£
**268,881**
**51**
**80,697**
**80,748**
**(2,612)**
**78,136**
**347,017**
**347,017**|**2022**
**Total**
**funds**
**£**
**296,250**
**17,018**
**449,095**
**466,113**
**(14,755)**
**451,358**
**747,608**
**747,608**
**400,591**
**347,017**
**747,608**|2021
Total
funds
£
453,873
35,075
336,020
371,095
(69,734)
301,361
755,234
755,234
286,718
468,516
755,234|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 16[th] January 2023 and were signed on its behalf by:
I Ormshaw - Trustee
A Hardingham - Trustee
The notes form part of these financial statements
Page 12
**Notes to the Financial Statements for the year ended 31st March 2022**
## **Altrincham Baptist Church**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) 'Accounting and Reporting by Charities: Statement of Recommended Practice' applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (issued October 2019), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The presentational currency of the financial statements is the Pound Sterling (£).
## **Preparation of the accounts on a going concern basis**
The trustees are of the view that the future of the charity is secure due to the level of free reserves being more than sufficient to meet its short to medium term liabilities. As a result, the trustees are of the opinion that the charity continues to be a going concern and that it is therefore appropriate to prepare its financial statements on that basis.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
For legacies, entitlement is taken as the earlier of the date on which the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **Governance costs**
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.
## **Allocation and apportionment of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support church activities.
## **Tangible fixed assets**
Tangible fixed assets costing more than £1,000 are capitalised and depreciated on a straight-line basis over periods which do not exceed their economic lives.
continued...
Page 13
**Altrincham Baptist Church**
**Notes to the Financial Statements - continued for the year ended 31st March 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
The periods used are as follows:
|Land and buildings|10 years|
|---|---|
|Improvements to property|10 years|
|Fixtures and fittings|4 years|
|Office equipment|4 years|
Residential property is used for private residential accommodation and is not depreciated. The value and condition of residential property is reviewed annually by the trustees for impairment.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Creditors and provisions**
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are normally recognised at the amount the charity anticipates it will pay to settle the debt.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Volunteers**
The value of services provided by volunteers is not incorporated into the financial statements. Further details of the contributions made by the volunteers can be found in the Trustees’ Annual Report.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount paid in advance.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Deposits for more than three months but less than one year are disclosed as short term deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.
continued...
Page 14
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **2. DONATIONS**
|**2.**
**DONATIONS**|||
|---|---|---|
|Donations
Gift aid
Legacies
Grants
Grants received, included in the above, are as follows:
Contact Centre
Trafford Housing Trust
Groundwork
Response Hub
Coronavirus Support
GMCVO
**3.**
**OTHER TRADING ACTIVITIES**
Room rental
Coffee lounge
Toddler group
**4.**
**INVESTMENT INCOME**
Deposit account interest
Rental income|**2022**
**£**
**259,115**
**57,952**
**76,366**
**94,840**
**488,273**
**2022**
**£**
**1,300**
**5,000**
**-**
**85,658**
**-**
**2,882 **
**94,840**
**2022**
**£**
**22,730**
**2,542**
**4,979**
**30,251**
**2022**
**£**
**769**
**2,400**
**3,169**|2021
£
282,995
62,178
-
80,121
425,294
2021
£
1,246
-
1,000
54,022
23,853
-
80,121
2021
£
4,316
-
-
4,316
2021
£
902
2,400
3,302|
||||
Page 15
continued...
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
|**TRUSTEES' REMUNERATION AND BENEFITS**|||
|---|---|---|
|Trustees' salaries
Trustees' social security
Trustees' pension contributions to money purchase schemes|**2022**
**£**
**39,841**
**1,958**
**5,719**
**47,518**|2021
£
36,403
2,033
5,566|
|||44,002|
Trustees are paid in accordance with their contract of employment for the work they do on behalf of the church. The number of trustees to whom retirement benefits were accruing was two (2021: one).
## **Trustees' expenses**
One (2021: one) trustee was reimbursed £511 (2021: £141) for travel and expenses during the year.
## **6. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**2022**
**£**
**169,337**
**5,975**
**9,282 **
**184,594 **|2021
£
185,510
6,691
10,299|
|---|---|---|
|||202,500|
The Key Management Personnel of the charity is comprised of the Trustees and the Core Team. The total employee benefits of Key Management Personnel in the year were £93,553 (2021: £125,468).
The average monthly number of employees during the year was as follows:
|Religious activities
Administrative|**2022**
**5**
**7**
**12**|2021
6
7|
|---|---|---|
|||13|
No employees received emoluments in excess of £60,000.
Page 16
continued...
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|INCOME FROM
Donations
Charitable activities
Church activities
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Church activities
Other - support costs
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD|Unrestricted
funds
£
383,872
14,358
4,316
3,302
405,848
Unrestricted
funds
£
642
198,425
149,723
348,790
-
57,058
(18,582)
38,476
248,242
286,718|Restricted
funds
£
41,422
4,605
-
-
46,027
Restricted
funds
£
-
50,613
164,740
215,353
-
(169,326)
18,582
(150,744)
619,260
468,516|Total
funds
£
425,294
18,963
4,316
3,302
451,875
Total
funds
£
642
249,038
314,463
564,143
-
(112,268)
-
(112,268)
867,502
755,234|
|---|---|---|---|
continued...
Page 17
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **8. TANGIBLE FIXED ASSETS**
|**COST**
At 1st April 2021
Additions
Disposals
At 31stMarch 2022
**DEPRECIATION**
At 1stApril 2021
Charge for year
Eliminated on disposal
At 31st March 2022
**NET BOOK VALUE**
At 31st March 2022
At 31st March 2021
**COST**
At 1st April 2021
Additions
Disposals
At 31st March 2022
**DEPRECIATION**
At 1st April 2021
Charge for year
Eliminated on disposal
At 31st March 2022
**NET BOOK VALUE**
At 31st March 2022
At 31st March 2021|**Freehold**
**property**
£
**1,610,342**
**-**
**-**
**1,610,342**
**1,361,375**
**159,957**
**-**
**1,521,332 **
**89,010**
248,967
**Fixtures**
**and**
**fittings**
**£**
**141,986**
**14,546**
**(2,681)**
**153,851 **
**137,962**
**2,625**
**(2,681)**
**137,906**
**15,945**
4,024|**Improvements**
**Residential**
**to** **leasehold**
**property**
**property**
£
£
**140,000**
**101,363**
**-**
**1,464**
**-**
**-**
**140,000**
**102,827**
**-**
**43,342**
**-**
**10,197**
**-**
**-**
**-**
**53,539**
**140,000**
**49,288**
140,000
58,021
**Computer**
**equipment**
**Totals**
**£**
**£**
**32,275**
**2,025,966**
**-**
**16,010**
**(2,900) **
**(5,581)**
**29,375**
**2,036,395**
**29,414**
**1,572,093**
**854**
**173,633**
**(2,900) **
**(5,581)**
**27,368**
**1,740,145**
**2,007 **
**296,250**
2,861
453,873|
|---|---|---|
At the balance sheet date, The Baptist Union Corporation Ltd held the title to the church building on Hale Road, Altrincham on trust for the current and future congregations of the church. They recognise that, whilst they hold legal title to the property, the local church should recognise the asset, as well as any liabilities.
In May 2012, the church contributed £140,000 to the purchase price of a property for Reverend Ashley & Mrs Sandra Hardingham. By virtue of a Declaration of Trust dated May 2012, this equitable interest is held by North Western Baptist Association as custodian trustee.
It is likely that there is a material difference between the open market value of the charity's property and its book value. The amount of such differences cannot be ascertained without incurring significant costs which, in the opinion of the trustees, is not justified in terms of the benefit to the user of the accounts. The charity's buildings have an insured value of £4,573,059.
continued...
Page 18
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued for the year ended 31st March 2022**
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|
|Trade debtors
Other debtors
Prepayments and accrued income
Trustees’ loan|**2022**
**£**
**2,912**
**575**
**10,285**
**3,246**
**17,018**|2021
£
10,151
507
24,417
-|
|||35,075|
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Social security and other taxes
Other creditors
Accrued expenses|**2022**
**£**
**3,498**
**2,523**
**2**
**8,732 **
**14,755**|2021
£
1,953
2,246
60,355
5,180|
|---|---|---|
|||69,734|
Deposits for room hire at The Hub that are received prior to the balance sheet date for an event occurring in the next financial period are included in deferred income. The value of deposits held at the balance sheet date was £1,400 (2021: £905). Room hire income is recognised in the Statement of Financial Activities when the event occurs.
## **11. LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
|Within one year
Between one and five years|**2022**
**£**
**1,368**
-
**1,368**|2021
£
1,368
1,368|
|---|---|---|
|||2,736|
Operating lease payments recognised within the Statement of Financial Activities during the year totalled £1,368 (2021: £1,368).
continued...
Page 19
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **12. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Toddlers
Good Companions
Hub Development
Legacy
Response Hub
**Restricted funds**
Christians Against Poverty (CAP)
Contact
TTT/Millennium
Manses
The Hub
Seniors
Blessing
Response Hub
**TOTAL FUNDS**
Net movement in funds, included in the above are
**Unrestricted funds**
General fund
Toddlers
Legacy
Response Hub
**Restricted funds**
Christians Against Poverty (CAP)
Christmas/Harvest
Contact
TTT/Millennium
Manses
The Hub
Seniors
Blessing
Response Hub
Inclusion
**TOTAL FUNDS**|**At**
**1.4.21**
**£**
**226,431**
**485**
**76**
**36,520**
**23,206**
**-**
**286,718**
**4,926**
**3,747**
**166,569**
**227,309**
**48,652**
**4,506**
**8,203**
**4,604 **
**468,516**
**755,234 **
as follows:|**Net**
**movement**
**in funds**
**£**
**47,858**
**136**
**-**
**-**
**75,867**
**451 **
**124,312**
**(8,900)**
**(484)**
**(106,638)**
**(53,319)**
**(2,542)**
**(476)**
**(1,780)**
**42,201 **
**(131,938)**
**(7,626) **
**Incoming**
**resources**
**£**
**349,108**
**136**
**76,366**
**451 **
**426,061**
**3,680**
**9,901**
**1,300**
**-**
**-**
**2,250**
**-**
**75**
**82,610**
**1,250**
**101,066**
**527,127**|**Transfers**
**between**
**At**
**funds**
**31.3.22**
**£**
**£**
**(10,439)**
**263,850**
**-**
**621**
**-**
**76**
**-**
**36,520**
**-**
**99,073**
**-**
**451 **
**(10,439)**
**400,591**
**8,900**
**4,926**
**-**
**3,263**
**-**
**59,931**
**-**
**173,990**
**139**
**46,249**
**-**
**4,030**
**1,400**
**7,823**
**-**
**46,805**
**10,439**
**347,017**
**-**
**747,608**
**Resources**
**Movement**
**expended**
**in funds**
**£**
**£**
**(301,250)**
**47,858**
**-**
**136**
**(499)**
**75,867**
**-**
**451 **
**(301,749)**
**124,312**
**(12,580)**
**(8,900)**
**(9,901)**
**-**
**(1,784)**
**(484)**
**(106,638)**
**(106,638)**
**(53,319)**
**(53,319)**
**(4,792)**
**(2,542)**
**(476)**
**(476)**
**(1,855)**
**(1,780)**
**(40,409)**
**42,201**
**(1,250) **
**-**
**(233,004)**
**(131,938)**
**(534,753) **
**(7,626) **|
|---|---|---|---|
continued...
Page 20
**Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
The purposes of the restricted funds are as follows:
Christians Against Poverty (CAP) - This fund has been established to support the activities of the church in association with CAP.
Christmas/Harvest - These funds are used for the church's activities during Christmas and Harvest seasons.
Contact - This fund is used for the activities of the Child Contact Centre. A Child Contact Centre is a safe, neutral place where children of separated families can spend time with one or both parents and sometimes other family members. They are child-centred environments that provide toys, games and facilities that reflect the diverse needs of children affected by family breakdown.
TTT/Millennium - The "Turning The Tide" (TTT) fund was launched in January 2007 in order to raise funds for a reconstruction of the Hale Road church buildings. The Millennium fund was set up on 17th July 1997 and is currently held in order to fund the extension of the church ministry, primarily through a new building, a building conversion to provide new premises or redevelopment of the existing church premises.
The Hub - These funds are used to support the activities and renovation of The Hub Community Centre.
Blessings Fund - these funds are available for the needs of individuals and families who have been referred to us in relation to the Altrincham Community Hub. Where livelihoods have ceased or have been impaired, the funds are used to give financial help for food, rent or utility bills.
Response Hub - these funds are used to support the operating costs of the Response Hub which is run in partnership with Trafford Council.
continued...
Page 21
## **Altrincham Baptist Church**
## **Notes to the Financial Statements - continued**
## **for the year ended 31st March 2022**
## **12. MOVEMENT IN FUNDS - continued**
Comparatives for movement in funds
|Unrestricted funds
General fund
Toddlers
Good Companions
Hub Development
Legacy
Blessing
Response Hub
Restricted funds
Christians Against Poverty (CAP)
Contact
TTT/Millennium
Manses
The Hub
Seniors
Blessing
Response Hub
TOTAL FUNDS|At 1.4.20
£
181,458
485
146
38,860
24,750
2,544
-
248,243
6,986
4,063
273,207
280,627
49,376
5,000
-
-
619,259
867,502|Net
movement
in funds
£
62,431
-
(70)
(2,340)
(1,544)
-
(1,420)
57,057
(15,586)
(316)
(106,638)
(53,318)
(724)
(494)
3,147
4,604
(169,325)
(112,268)|Transfers
between
funds
£
(17,458)
-
-
-
-
(2,544)
1,420
(18,582)
13,526
-
-
-
-
-
5,056
-
18,582
-|At
31.3.21
£
226,431
485
76
36,520
23,206
-
-
286,718
4,926
3,747
166,569
227,309
48,652
4,506
8,203
4,604
468,516
755,234|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|Unrestricted funds
General fund
Good Companions
Hub Development
Legacy
Response Hub
Restricted funds
Christians Against Poverty (CAP)
Christmas/Harvest
Contact
TTT/Millennium
Manses
The Hub
Seniors
Blessing
Response Hub
TOTAL FUNDS|Incoming
resources
£
355,756
-
-
-
50,092
405,848
6,833
12,806
1,246
-
-
3,250
-
14,557
7,335
46,027
451,875|Resources
Movement
expended
in funds
£
£
(293,325)
62,431
(70)
(70)
(2,340)
(2,340)
(1,544)
(1,544)
(51,512)
(1,420)
(348,791)
57,057
(22,419)
(15,586)
(12,806)
-
(1,562)
(316)
(106,638)
(106,638)
(53,318)
(53,318)
(3,974)
(724)
(494)
(494)
(11,410)
3,147
(2,731)
4,604
(215,352)
(169,325)
(564,143)
(112,268)|
|---|---|---|
continued...
Page 22
**Altrincham Baptist Church**
**Notes to the Financial Statements - continued for the year ended 31st March 2022**
## **13. EMPLOYEE BENEFIT OBLIGATIONS**
The church operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged to the Statement of Financial Activities.
During the year, the total pension charge for the church was £9,273 (2021: £10,298) and there was £661 (2021: £746) outstanding in respect of employer contributions at the year end.
## **14. RELATED PARTY DISCLOSURES**
For details of trustees' remuneration and expenses see note 5.
The church has an equitable interest in a property for which the title is held jointly by trustee Reverend Ashley Hardingham and his wife, Sandra Hardingham. See note 8 for further details.
Total employee benefits paid during the year to the spouses of trustees was £nil (2021: £12,031).
During the year, the charity received £2,400 (2021: £2,400) from Mr Rob Peirson, a member of the charity’s key management employees, in respect of the rental of premises.
During the year, Altrincham Baptist Church received donations from the trustees and their close family members, without conditions, totalling £25,335 (2021: £46,356).
During the year, the charity made an interest free loan to trustee Reverend Ashley Hardingham. The loan was for £9,995 and the amount outstanding on the balance sheet date was £3,246.
continued...
Page 23
## **Altrincham Baptist Church**
## **Detailed Statement of Financial Activities**
## **for the year ended 31st March 2022**
|**INCOME**
**Donations & legacies**
Donations
Gift aid
Legacies
Grants
**Other trading activities**
Room rental
Coffee lounge
Toddler group
**Investment income**
Deposit account interest
Rental income
**Church activities**
Children & youth trips
Good companions/MP
Response Hub
Other charitable income
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Coffee lounge expenses
Toddler group expenses
**Church activities**
Trustees' salaries
Trustees' social security
Trustees' pension contributions
Wages
Social security
Pensions
Carried forward|**2022**
**£**
**259,115**
**57,952**
**76,366**
**94,840**
**488,273**
**22,730**
**2,542**
**4,979**
**30,251**
**769**
**2,400**
**3,169**
**1,000**
**92**
**4,338**
**4**
**5,434 **
**527,127**
**3,386**
**988**
**4,374**
**39,841**
**1,958**
**5,719**
**67,039**
**2,440**
**1,778**
**_______**
**118,775**|2021
£
282,995
62,178
-
80,121
425,294
4,316
-
-
4,316
902
2,400
3,302
486
-
17,277
1,200
18,963
451,875
-
642
642
36,403
2,033
5,566
72,962
2,586
2,801
______
122,351|
|---|---|---|
This page does not form part of the statutory financial statements
Page 24
## **Altrincham Baptist Church**
|**Charitable activities**
Brought forward
Youth, children & other ministries
Sunday worship
Local & UK missions
Overseas missions
Conferences & literature
Covid-19 response
Hardship fund
**Support Costs**
**Church running costs**
Wages
Social security
Pensions
Insurance
Light and heat
Telephone
Postage and stationery
Leasing & maintenance
Sundries
Repairs & renewals
Rent, rates & water
Professional fees
Travel & subsistence
Depreciation: Freehold prop.
Improvements to property
Depreciation: Fix. & fittings
Depreciation: Office equip.
**Finance**
Bank charges
**Governance costs**
Independent examination
Total resources expended
**Net expenditure**|**Detailed Statement of Financial Activities**
**for the year ended 31st March 2022**|**2022**
£
**118,775**
**11,518**
**1,710**
**52,641**
**27,422**
**1,785**
**-**
**1,795**
**215,646**
**62,456**
**1,577**
**1,786**
**8,023**
**11,075**
**3,697**
**5,706**
**1,368**
**5,063**
**17,917**
**17,797**
**2,681**
**661**
**159,957**
**10,197**
**2,625**
**854 **
**313,440**
**93**
**1,200**
**534,753**
**(7,626) **|2021
£
122,351
11,229
4,374
36,160
31,810
756
31,598
10,760
249,038
75,505
2,072
1,932
7,813
8,836
2,843
524
1,368
3,368
18,116
17,089
2,172
161
162,733
6,455
1,734
449
313,170
93
1,200
564,143
(112,268)|
|---|---|---|---|
|||||
This page does not form part of the statutory financial statements
Page 25