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2020-07-31-accounts

Pages
Trustees' annual report 1to 5
Independent
examiner's
report to the trustees
Statement offinancial activities
Statement offinancial position
Notes to the financial statements 9to17

Registered charity name Sidcup Baptist Church
Charity registration number 1130546
Principal oftlce 167Main Road
Sidcup
DA14 6PA
The trustees
Rev Alex Newens (Minister)
Rachael Wickington (Secretary)
Royston Maxim (Treasurer)
Richard Longman
Teresa Willmot (Resigned 24November 2019)
Leigh Smith
Rachel Woolcott
Laraine Joy (Appointed 24November 2019)
James Amos-Thompson (Appointed 24November 2019)
Property trustees The London Baptist Property Limited
Unit C2,Dock Street
London
El 8JN
Independent examiner M Finnis ACA, ACCA
Numeric House
98Station Road
Sidcup
Kent
DA15 7BY

2020 2019
Unrestricted Restricted
funds funds Total funds Total funds
Note
Income and endowments
Voluntary
income
4 110,680 3,384 114,064 108,258
Charitable
activities
5 7,614 7,614 17,952
Investment
income
6 478 249 727 934
Total income 118,772 3,633 122,405 127,144
Expenditure
Expenditure
on raising funds:
Cost ofraising voluntary income 7 63,021 63,021 60,303
Costs ofother trading activities 8 633 633
Expenditure
on charitable
activities 9,10 56,858 56,858 74,434
Total expenditure 120,512 120,512 134,737
Net gains on investments 69,910 69,910 51,908
Net income (1,740) 73,543 71,803 44,315
Transfers between funds (43,828) 43,828
Net movement
in funds
(45,568) 117,371 71,803 44,315
Reconciliation offunds
Total funds brought forward 136,138 2,087,272 2,223,410 2,179,095
Total funds carried forward 90,570 2,204,643 2,295,213 2,223,410

2020 2019
Note K
Fixed assets
Tangible fixed assets 14 2,119,170 2,049,260
Current assets
Debtors 15 5,590
Cash at bank and in hand 170,584 174,150
176,174 174,150
Creditors: amounts falling due within one year 131
Net current assets 176,043 174,150
Total assets less current liabilities 2,295,213 2,223,410
Funds ofthe charity
Restricted funds 2,204,643 2,087,272
Unrestricted funds 90,570 136,138
Total charity funds 18 2,295,213 2,223,410

Voluntary
income
Unrestricted Restricted Total Funds
Fllnds Funds 2020
Donations
Donations 85,824 85,824
Booklet income
Gift aid 24,520 25,264
Legacies
Legacies
Gifts
Building Fund Gifts 336 2,640 2,976
110,680 3,384 114,064
Unrestricted Restricted Total Funds
Funds Funds 2019
Donations
Donations 87,293 87,293
Booklet income 315 315
Gift aid 14,130 14,130
Legacies
Legacies 4,000 4,000
Gifts
Building Fund Gifts 2,520 2,520
105,738 2,520 108,258

Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
All other income 883 883 2,052 2,052
Community lunch 639 639 1,016 1,016
Donations irom playgroup 2,828 2,828 10,716 10,716
Donations by other groups 3,264 3,264 4,168 4,168
7,614 7,614 17,952 17,952

Unrestricted Restricted Total Funds
Funds Funds 2020
Interest received 478 249 727
Unrestricted Restricted Total Funds
Funds Funds 2019
Interest received 665 269 934
Cost ofraising voluntary income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
Pastorate salary and expenses 32,458 32,458 32,071 32,071
Manse expenses 5,971 5,971 4,192 4,192
Youth development 24,592 24,592 24,040 24,040
63,021 63,021 60,303 60,303
Costs ofother trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
Playgroup pension costs 633 633

Expenditure
on chari
table activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2020 Funds 2019
Outreach 771 771 1,218 1,218
Community
lunches
1,056 1,056 1,945 1,945
Fun day 257 257 1,099 1,099
Worship group 5 5
Other ministry costs 145 145 609 609
Church/hall
light and
heat 5,029 5,029 6,526 6,526
Church/hall
water
853 853 695 695
Church/hall
insurance
1,922 1,922 1,860 1,860
Church/Ml
cleaning
5,192 5,192 5,468 5,468
Church/hall
repairs and maintenance
3,546 3,546 1,664 1,664
Equipment
purchases
and repairs 615 615 1,144 1,144
Church/hall
alarm system
205 205 529 529
Church garden 1,123 1,123 1,025 1,025
Church office telephone 374 374 354 354
Church office broadband 324 324 298 298
Printing
and stationery
198 198 73 73
Photocopier costs 1,367 1,367 1,612 1,612
Subscriptions
and licences
2,692 2,692 3,119 3,119
Health and safety 1,845 1,845 577 577
Social events 329 329 510 510
Other general expenses 847 847 849 849
Playgroup 3,000 3,000 5,307 5,307
Youth group support 4,435 4,435 2,000 2,000
Fellowship
support
300 300 100 100
Legacy payments 1,800 1,800
Equipment
and furnishings
1,051 1,051 1,903 1,903
Building work 1,160 1,160 7,850 7,850
Charitable
causes
18,217 18,217 24,300 24,300
56,858 56,858 74,434 74,434

Expenditure
on chari
table
activities by a ctivity type
Activities
undertaken Total funds Total fund
directly 2020 2019
Outreach 771 771 1,218
Community
lunches
1,056 1,056 1,945
Fun day 257 257 1,099
Worship group 5 5
Other ministry
costs
145 145 609
Church/hall
light and
heat 5,029 5,029 6,526
Church/hall
water
853 853 695
Church/hall
insurance
1,922 1,922 1,860
Church/hall
cleaning
5,192 5,192 5,468
Church/hall
repairs and maintenance
3,546 3,546 1,664
Equipment
purchases
and repairs 615 615 1,144
Church/hall
alarm system
205 205 529
Church garden 1,123 1,123 1,025
Church oflice telephone 374 374 354
Church ofEcebroadband 324 324 298
Printing
and stationery
198 198 73
Photocopier costs 1,367 1,367 1,612
Subscriptions
and licences
2,692 2,692 3,119
Health and safety 1,845 1,845 577
Social events 329 329 510
Other general expenses 847 847 849
Playgroup 3,000 3,000 5,307
Youth group support 4,435 4,435 2,000
Fellowship
support
300 300 100
Legacy payments 1,800
Equipment
and furnishings
1,051 1,051 1,903
Building work 1,160 1,160 7,850
Charitable
causes
18,217 18,217 24,300
56,858 56,858 74,434
Net gains on investments
Restricted Total Funds Restricted Total Funds
Funds 2020 Funds 2019
Gains/(losses)
on investment
property 69,910 69,910 51,908 51,908

Staffcosts
The total staff costs and employee benefits for the reporting period are analysed as follows:
2020 2019
Wages and salaries 47,439 46,434
Social security costs 1,107 991
Employer contributions to pension plans 8,323 7,605
56,869 55,030

Tangible fix ed assets
Church Manse
building building Equipment Total
f.
Cost
At 1August 2019 1,759,256 287,704 2,300 2,049,260
Revaluations 61,566 8,344 69,910
At31July 2020 1,820,822 296,048 2,300 2,119,170
Depreciation
At 1August 2019and 31July 2020
Carrying amount
At31July 2020 1,820,822 296,048 2,300 2,119,170
At 31July 2019 1,759,256 287,704 2,300 2,049,260
Debtors
2020 2019
Prepayments and accrued income 5,275
Other debtors 315
5,590

Unrestricted
funds
At Gains and At
1Aug 2019 Income Expenditure Transfers losses 31Jul 2020
General funds 15,056 117,958 (120,512) (498) 12,004
Manse deposit 15,567 (15,567)
Building deposit 27,427 336 (27,763)
General deposit 78,088 478 78,566
136,138 118,772 (120,512) (43,828) 90,570
At Gains and At
1 Aug 2018 Income Expenditure Transfers losses 31Jul 2019
General funds 12,904 123,692 (134,737) 13,197 15,056
Manse deposit 15,567 15,567
Building deposit 27,430 8 (11) 27,427
General deposit 95,535 655 (18,102) 78,088
151,436 124,355 (134,737) (4,916) 136,138

Restricted funds
At Gains and At
1 Aug 2019 Income Expenditure Transfers losses 31Jul 2020
Buildings fund 32,213 3,489 27,966 63,668
Church building 1,770,055 69,910 1,839,965
Holding account (295) 295
Manse account (4,037) 70 15,567 11,600
Manse building 277,108 277,108
Janet Prestidge
legacy 12,228 74 12,302
2,087,272 3,633 43,828 69,910 2,204,643
At Gains and At
1Aug 2018 Income Expenditure Transfers losses 31Jul 2019
Buildings fund 24,690 2,608 4,915 32,213
Church building 1,718,147 51,908 1,770,055
Holding account (295) (295)
Manse account (4,125) (4,037)
Manse building 277,108 277,108
Janet Prestidge
legacy 12,135 93 12,228
2,027,660 2,789 4,915 51,908 2,087,272
Analysis ofnet assets between funds
Unrestricted Restricted Total Funds
Funds Funds 2020
Tangible fixed assets 2,300 2,116,870 2,119,170
Current assets 88,401 87,773 176,174
Creditors less than 1year (131) (131)
Net assets 90,570 2,204,643 2,295,213
Unrestricted Restricted Total Funds
Funds Funds 2019
Tangible fixed assets 2,300 2,046,960 2,049,260
Current assets 133,838 40,312 174,150
Creditors less than 1year
Net assets 136,138 2,087,272 2,223,410