Charfty R•glstratlon No. 1130582 UNION BAPTIST CHURCH ANNUAL REPORT, UNAUDITED FINANCIAL STATEMENTS AND INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020
UNION BAPTIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION ADCroft REWo8 RWndY Y H Tldi SEWg8kn K 8alo9 R N Panlrtdy l D Manklèb K Hazdl T M 8urmkffjham CECroft JAHanilc 19 May 20201 (Alp11 19 May 2020) Prop•rty Hok11 Tru¥t•••: Man80'. Chrlty numl Prfndp•l •ddr• High Wyc4yth, HP11 1 Ind•p•nd•nl •x•mln•r NLtht {BA Fkn•) FCA 718 Ethams Ctyjrt Bc4ton Drtve BJm? ETh1 Buckknghwnshlr• SL8 SYS 8•nk•rn Bordayx 8onk PLC PO 80x41. Hh Yfyojn HP1128G CAF Bank Lln*d 2S Av•nu•. Khy Hkl. Wt Malky. VE19 4JQ
UNION BAPTIST CHURCH CONTENTS Ind•pwtht feixxt St•tsmont ol lknarK*I aclm 10-11 12 StstOnnI d¢8oh 13 14-28
UNION BAPTIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEAIBER 2020 The Irustses wesent trlr rnFrfyt and finwcid StstomlS th• y•WrJ8d 31 Oec•Thw 2020. Tho financ¥al ststernents havo b8on weporwj in coraa w1th tho a¢c£•Jntkng sgt in nola 1 to thg fln8rthl statsments and c¥)mpty wlth Iw8t deed. the Charlb"e5Ad 2011 8.4tirJ aTh Rgporlkng by Char03.. Statement of R•Lsx)morn1ed Prarkn arokabl8 to dwlw prepthj th¢k Counts In acc>Jrdanc• vAth th• Fln¥ndd ROFQrt"rvJ Stsrklwd pplc¥blo in the UK and Republic of Ireland (FRS 1021 18ffective 1 January 20191". R•ll•c¢l0 from th• Church L••d•rshlp on 2010 Church 8•crntsrf• R•port 2020 When th mtto bxt wa8 th1)sen had no klaa Lrf th9 and ¢haltrys Ih•t bo fa(4 In 2020. It ¢¥ 80 IMpan1 to haN had lh th•m to othars as locd(ym t•olatkJn has b•un tho norn for mct of the year. Wo krvAf that that Y• hove lo each Lth•r. S) ¢)¢her3 in our local ttynmunlty and to tho wAdw wyld Is a8 a rosult of God ha¥ kw•d UB and al tho cwtr• ol that th• sa¢rlfte of Lord Ju9 on th• ¢r088 hkn roourrnth. TtrAs rnmoln8 thè Undenning ptkndple of our thurth Irfo and tho Imp8tU8 of dl wr acth•. De al ts rastrfdrrn thal ho fac•d to wpport and for oach othei and lor our noWbtyJrn. At tho 8twl of tho yow, bof¢)rn bègan w• h•X a 24n Prqyor W••k, wthk d00pon our •8 and our LMwlng depond8nc8 on God In al thlro8. AwayD•y Hom& folMhJ •1 tho of th• Ik brtyJght ul b38th9r lo JoY each oth•r's ¢ompany and to •hare In f•knthlp. to bo realty Inwtynt ts u8 as nwed Into th• or¥J•J perlod of 8epwatk>n aThJ isoLatton Ihat WAJ to folhyAt. W• 4180 w818• to God that gt the stsrt of Iho y8•r knos wls at4e to compknts an •xtsThJed y18h to hctho Chad. l•ading 8orfe8 of wo$hopS wth K•ad•r8 of the G•iwi thd8. ¢gIng th•m In Ihetr to tt)e vAdo programm6s iThtiatod on proviou• vkn. Th•n w• hgd th• ¥tort of the nalk>nd lo(do1 of C(¥[Ywnn pdfjMk 4lh all I1 Churth meetlngs Stoppad and th• Hub do8ed. Thnol>aY ha8 rwmy h•lp•d us tts makniaSn •0 mgny of our advltl•s throughoul prokng•d hckdcA¥n #rKI ¥1 fa r•gtrfdtLW. Th Lonl has blosmd wlth thoee abla to uco r8fxdthJ sorvlces so Wit onw trA 8WVKX8 on YouTth, h•kJ prayer and hl0Up mwttnp on Jnd Pa8lcYal FrfeThl8 kept In lth e¥wyone across the fdlty•thp. Pastor, Malcc4m HA11. 8•nt 01ofKwwlng past1 l•ttws thrwJlKJJt ts yw. As was sald at tho 11fflo: do do wh•n DO thurth In 'r• used tof ind th• slmple answ 1$ We wil BE the chUh.. Th• vrny * tr)nnèct one VAI l)ok dNler8nt fArt who wo ar8 doo8 not caThJ•. Wo wgre ne¥er dndent cffi 8 and we shryMd c•n BE churth tred In our hornes. W• arn th• LhJdy of h¥ug. TIMS Imo ol belng iwAat•d hWNghbJ that wo gr• made for rolatbnshlp A nork of 8UkWrt wa8 84t to provklo orrfl wlstance for those ThK) rd•d it- many thants to the Hub Team for th•lr sorvlcos wide raThJe rf people and ty of presentsuon and when scdty4bstsn¢8d iTrpeTron seths rnssible we to uso our Largg nduary gpaco to accommodat8 LP to 80 peorAe In ail•ndwK4, cmlkne. In tr19 autumn w8 gtsrtod lfvestreamlw Ung new INe8trnamkng and a Iwgo TV 8LMn Ipurrthas8d from Lmng Stonos flnan1. Ow Ihanks 9) to al IjK how abd tN8 lo happon tr) rattt th• syst¢ffl8 each pek. prcojdng v•ry qudty 8evvice8 onhn• have bwi and gnknd our wobsKo and YouTube. Restrktiong vl1 arn1 d)ang8d from to D8cwnbw V• agla In adaptkng o $wvIcg8 ond athlues acdIn. So h•v• rMKh tr) thank God for. supwi them Ihrough our Sm1 group n8tw(¥k, cyjr Pastal Frltnd$ sthorre. 8j nabjrnl frf8TrJBhvp gmups. TheBe Ilnks ww• 30 ImportAnt OV8f the year. For srTh. a wnsidwdlw of tha Imw of lh& pandomlc and the loss of 80 many things prov&J frdpful thffjugh the Falth, Grief aThJ CovhJ-19 - 1>)rNeon. Two of r mambgrs with wofessicnal exrI1 laulitwtsd onfrhow sn6 In Sgpknbgr, w•t r8poated in Octthr to $8tlsfy d9[TW.
UNION BAPTIST CHURCH
TRUSTEES. REPORT (coKfiNUED)
FOR THE YEAR ENDED 31 DECEAIBER 2020
In Novernbw the 88(y)nd lo(dM 818rted in DeLxrrter. wlth 8rth8r SIgt CovhJ.19 cas8s,
most ofour plan5 forknt s1 Chrtstmas h•J to be amdad. As Andrvw sad.. "I way that wo WWI listen arh
loam vttbat God wants to teach us lThi 8nforr8d thice. In1ralKIn and and that ow 1gnce t11 b9
Int•rruptl by a trug Fwng out ol our hoarts (n to God and L shoA tho IIW of hls &)n to those
Iw kn drkn•..
It was great that rnn trrtt Dtsap188hip Exp1 oJurs•s Bible C99 durfrvJ tha ygar.
and regulw smol grc4w8 esish•d. the faith of many.
In Juno our mlnds arthj 11Thl and by th• No tr) RalM 8wnt• In US ar UK and
wo had a Om& of latr1 and Tewtanc4. The ann1 9•rt• Iwk place th
Churc1 au088 Hlgh to a woThJ8rlul 8opék> ol for tLwn. 0$pIalty In th1¥
On 11th l•br4J Iho 175th annfvornary of tho thurd). We arn 00 grnt¢lul to Ml( Hmwell for
brfivjrwj UB a Chuffth H18tory Updote helped to put wrrnnt Intc+ taXt.. Ive •r•
eno)uraged by th068 frde
UNION BAPTIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Achlwrnment• and porfornianc• In fulfill it8 purpxe. th• Church In • ol &+ilM eilher. on its (r+m, or with othws. that I11 vwy from tlm• to thno ¥AlhAthtl8s iThtiatwllsy• ¢xdcwd aFSYLyla Regular wt41¢ ¥•Jrshlp. wtyer. eible 8bAty. woHthIThJ WKI Baptism by immxiDn Communlon ofth& Lryd'8 SLW Evangdi8m and mission Chlklron and young P8OFle'8 work Ch81#n p1¢ShIP Educobon ¥tsJ tralnlng Chrfjtkn wr¥i Pastoral car• Suppoth'ng and erw3wrnglrJ ¢horhat4e lodal •ctk)n In tIKI United lfjnWITr a1 abrood Womng wfth other Bapttsl8 and Chrhtiaro Publlc B•n•fft: In onTrIng a¢dvlll•s ¢1 the ¢hath/. IM Mar1Va Tr0$ havo ctY•kJer•J tho gukJ8n¢o On publc b•r•fft 18ad by I Chwty Commlsth atxl In p#rtknknr tha Sp4 on carfbg8 fty the •oknncom8nt of Publk 8•n•fft actlvlll•• . We proftth tho c•ntral biJtr d Ihe Cltsll•n lth Ilyouth our many Vlnlstrlw Team• 08 Ihwgh our rngdar Sunday wor8Np •ThJ •G%MII•s. We Ouf local community In Hlgh ltrffibe throthJh ow m•ny Conn Ilnk8 ctMIlss. OUT buiklirgs •? very ¢iNnrrwNy lo h)ve ol G¢hJ 18 d¢monstr8tod. . We seek lo TrNqk• wr wwnl8es aclJ¥llkn •8 •cceu8blo as P0S81bl8 10 th01 911 c4n banefft. . Many ol r memt4ryr8 ar• IrNol¥•d h c¥ynmunty bo¥•d •.g. CNkl Cwlmct C•ntr• aThJ ChOalnd6 . We Nn ¢hUr¢w 8¢tfvlles for tho kn•ty and vuln8rabl•. . W¢ wpwrt Vtywnb• Hthmole88 Cmwtion wvj are parl of the Wnlor Nlght Smhr. prnvldSng fadlU08 and volLWrt88rn to 8uprxxt homd•Js F¢cple •r¥l rW4leopws, u %wll 88 belrrfd tho v•nu for Plug4nQThe Hub lan 6venKvJ ¢cp4n c•ntr•l. . W• and Chthlkn mlJ8kn in olher cr•, wothkng •TrJ Jiyport to lhw In Our church m¢tt t•xt 2020: e kwe bocause h8 flrnt loved . 1 Jom 4:19 We 8ght to frlow thls th8mo diwlivj ts yw. ft*)JJ ¢n to oach other, (r tovm a)d to tho around u
UNION BAPTIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 At the stsrt ofthe y•ar. 8 8el of practic¥f pl&r aspiralkrn far2020. In halks. PhnB •nd A•plrallon• for 2020 lknk•d lo our vl•lon •nd valum M • chw¢h The LIng Stones Project Vds fvrther roffin arKI 101 fjjrtrth made presentskns to undertake the work Building on tho kitthan. 8tw and l&undry r<>Jm #t gr(rtd ftoor leY81 has wt In hand and1fv08trpqfflln9 oqubrnonl wa8 Inst in the thurth sarLXuary 8$ port of thg Wa hav• not m¢)¥od forw•Td In th18 area dwlrwJ 2020. W• plan lo •mb•d our M¢r• 1kn4y In th• Ill• of th• clwrch •0 vm pl•n to do th• follolnq: Lockdown ro4ukod us to tr¥n¥fofm hrm w• Jc4n In o)mmung1 KvsNp. Prfrrecord•d YouTub• eoNtrA8. I1•tr•sM9 wlth crywrggakn. vafvjjs onlino vla Zoom aThJ •udb CD'8 of 8•rvl¢ each h8 offor8d wayT to worshlp together. Th680 tech¢ u(w¥j ha rowirod poetorg. mu8icianJ and the Bound, camera, cti. and livostraarring t••mts to vwy c&Mely toor. TKhnology ha8 al•0 onabled u8 to COnnt nm actfvdy ¥Alh m18•knnarfe8. St4•nl 81 unhw ar#J (>)nnect in naw w¥y7 wNh 8(xTr• who ar• shut In. up you¢li ènd ults In arKT loachlrq. Four ol the cLW( have beon tranod throthJh trk• Scxth C•rttrd Go•pel Parth8r8h Mlniity Tr•knlThJ Couw In Oth arthj thw arn ¢)n the Urne inb) 2W21. Ffv• y¢xry frDm Goklhlll ld Unk>n Joln•d In a dov8kwrnthl ccwse. Two ofth•m unh wbBwenUy prnathod In t•rvhx8. d¢wotlofts 8ndpr•ywln am mlnl8lrkn 8nd ts•m& Th Covb&19 p•nd•mk has mthjtr us •1 •thty of depenc0 13od. A 24n pray•r orvJagod Many pooF40. In earty lkn. Ttrwfsday •14 tiN8 rf pra>w lor ts NHS were a poworful Te8ponse to the Pa10m[C fjrKI 51 has ton ld011 to the grry•th ol prnyw thr(h WhatsNJp &voup8 R•l•tlonal- Wo hd an at hL¥ne and txhw for onlor lo h th• t)r 90 from Ihe feficM8Np grew kn friendship f•thy%hip th• ggnwk)ns a6 tsy 9p1 e Saturday Icgelhor In F•W. Fo1ty7r¥ the death of Ge FWI In th• US. n was glgnffic8nt aThJ imt¥)rt4nl to li¥ton to the exparitncè of IAaek rrMbra of th& rregakn. to lam8nt ic¥30th8f aThJ rynl por80naly and on behalfof nabon and worfd. S)r Past(¥ 'nu&S to meet for rx>nv•rsation and ftiondshlp tlhth pastor5 from a¢k rch&S In HKJh Wy(xMkn. intonbonsty e.q. GI Aw8y on th8 R. Wa. G•t in th6 Fldure al chrfS&n E8r up ntsw way8 of wlith w2 way FVe Inritful. CWon0kng outside nwtl)•rn' Fbjm proved g gr&ot onMUrmen¢ to th bxod h and rosuW In rnarry noighbours IcrfnlNJ In song and prayor together- an unexpected blesslNJ. Thè Msii of Iho BMS A#ion Team w88 ello bui tyJr #wareness of and support for overseas misSn hgs uY¢r•m durlng yr wrth inTh80d Fwb'dpallon kn Ihe Mi55ions Prayer meeti enatled by Zoom tochnob3y. R8guLar upJ8t•s attth our linked missionarie5 in
UNION BAPTIST CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 to nAlnislrtes ofthe Lurc artd Th• pandwlc hfi nifirnt rrwtsl IwNh ne&J8 wilhin arKI twnd the f81bwshlp. SLX Mont heajth Wet8 have been gnd m8d• 8v848bkn on and pastoral guidance has been shared In wrill•n Vid fcrn in h(Mf to dèal wtth knckdtwm. Tho Falth, Grtel& Cov1th19 CverSat vra8 rnY fflThYlrvJ tN8 hew. Entlrdy n8w arnas of Chrtstsn h•v¢ Opj up wcnhip chldr•n y mln18ty. Thè dwrch has generSty Inu•awd offertno8 by noaty 7% 88 m¢•ilng pledg88 for tho Ston•s Proix. Cornmuw m¥8ty ha$ be¢n h•ld bac due to Xkd t¢$Ymonie8 In Th• Co¥ld.19 pundomlc and kxk(hM h&1 Inw M cwr thurch 110 aTrJ mlnlstrle•. Slmi M•r¢h 21Y20 vm hav8 had to rnstrti tho use rf our and dwdop nthv W4 of vr8hlppkn9 and wpportlng our cojr9980n, kn Iln8 1h gov•mm8nt rostrKth•. tkn88 hgvo prti8•d tho 8afoty ol thwch f•nity doqr and rok •w•))•rA•. D••pits th•0 unprK•dwted M•S have to makntakn and dgvelop nIStrI&S to God's glory A1 fdng rnport of our church durfTrJ 2020 h a nM>8t to GLNI h$ provIdl for UB and how and Inr¥th ol WKI wvlrvd baon dgv•kp8d. Fln•ndal r•¥lva7 In what h88 b88n an Unbxeeadt•d ywr, th• Lord ha8 grackjus to us kn many way8. not1988t In relallc lo the church's fm•nc6. OM ol vAfu•8 lty ¢lvJr¢h L8 boing sa¢xlllthl vtd w8 h•vg 108n dwkn9 this yeor of •normous uncertw'nty 915nt and 8acrifioal grfflg bolh to the genwd ffinanc of the churth and to thè Lmng ston Tlary project. We aro Iruty t4•sseAI and givti lo ow Lord h provlsion for u• and th• generoua And )rotent ol Iho felkywship durtn9 Ihls rNss¢ JffirI ol>ar¥. In tho Sprirvj of 2020 as we nto kthown for th• flr81 Iln. were vwy unrin •5 b) what Ihbs mIt mun for Iha thurth finarKs8, pertlujlwty as. dmosl o¥wrighL • maJty nc&Yn• Jtrnam Il• r•ntsl in¢>Jm• fr iha Hub) was r•JIrt to nolNng. Earfy foroca6ts of a large dor by lh• of Ihe year F¥ov•d Unfnd•d and, as set out In tha surrmory behyw, we up wrth a poty)n on gerra1 flnarK•8. Th18 18 duo to tho g8norous givlng of th& lelkmship. g¢tsJ slv•arthh of our re8ourc8. and wrne runnirvJ osts due to the wemraes 'n9 dos•d or usad 'INyIV fty of the year. th0h A has been dlfflcull ar to frr•¢asl and plan a1J, In lerm8 of our 08 In m•ny Olhw 88P•Ls ol Iwo. the Lord hag guldod our path. As a ngw treowrer I have corne kn apyedata the numtw ol Ihat c(yne tog8th8r to ènsure the smooth runnlTrJ of the ¢hur¢h'8 ffn&rth8. I Ike to thank Lynn. S. Jane and al ts pahj stsff for the that they have caroftAly mana9gd our ?xpeThJTturo. dllwty kopt I tKth, 8r•J ¥150 wcffkod 80 tblY over the last 12 months. I would dso Ilka lo th8rth t Funce Team th•r aupport athc• and wlsdom ovgr thg yoar, and to JacJo in parlJoAgr for hw dilKJèrth t*)th OB ryjr ald 80c¥elary bul al In ao c4rofvlly ¢C•ydlMtlrwJ and nh)nitoring the Lwbng Stones don•tKM.
UNION BAPTIST CHURCH TRUSTEES. REPORT (COPMNUED) FOR THE YEAR ENDED 31 DECEMBER 2020 . Totsl off•rtory wlth gld l•x¢bJtrs LOvh¥J Slrn) to E283.914 ah••d cl bWI by ovor 4% . R•ntl and rpl•t•d Incryn• totslled £83.- Mt wrtslrwJty. of Ic4d. thls was hftht dge1¢d Provtsoon olthe kild next to the hyAW lounge glvlng arvj SUFVOrt for our ministrkns and t•¥As {£49.51T- 19% of total Ircfjrr. frxduthng Lkn'rvJ Stone0} Lmnq StonM-tot81 fiJnd$ at thg ol lh• sh)od at £680.560. an in(¥ease of È2W.649 on 2019. tak08 &¢cl of £19.074 exp8ndra kn th• yw. W• ftTh•rd to mrylrrfj on to th• glage that u8 a lkni fv for the . G•n•r•l Fund- ovwal thIB has Incna••J from £95.820 to £122,458. Pmp•ty Fund- hos frvrn £28, to £19.803. t1•111 bal•nc•- 0Xdalty Ll¥trp #nd to the v4luo of prtyrty a8••ts, th•r• vrns a total 8Ltyus for th8 year 01 £20.324 f3%nparod wmh a bjdg•j £20,050 ddld¢ cwch ha8 8 tyAlcy apwu4•d In 2018 hold• r•8•rv•s kn a d••19rA fijrrtl. Al 31112120 Ih¢f¢ wa$ £41,772 In tho ¢tif¥dencY fi. Thls Is abo¥8 th• 9p amounl IndrAted In lh• ro8erves pdicy olju6t url•r £36.C(Q Ixrt thB wnowrt that bo roquirnd rfthB principb8 and approach s•t ct In that polky 8pplb•d l•slMnalod •t £48.IJOOI. HOr. th• balanr• of unTeJtrtc4wJ and undenaknJ fund8 ( th8 ge1 fund) of£122.458 moan8 Ihat thero are Ihan $uffld8nt fvnd$ to sailsfy the Oky. The Ihexefore has 8uffici•nt ro$. ItvAII bo prudont to rw thg rno•rM pollw durkng 2021 to (vJrn8taN 81nc• th• w98 awJ. In 2020 Iho 0)rOrruS pandemk Nghlgttled p8rUoilar Thjtably to th• thurthts Inccmo. Tho most slgnrfKant ol the88 was th8 r8duction rental inoTh causod by lor and asscKiatgd rlS on th• Uae of the thur( premlBes. Cth•r rl8ks the potethl fry 1c¥d offortwy bh8rn18 a •¢onomic downlwn offgcting peoF48'3 at41Hy to Th098 tsks romgii in 2021. However. tho 18vel of.on lit•" actmty In 2020 rrffjant Ihat ewdthre was also rodw8d and th•rè was ggnwalty Izroful Ma90mnt ofts thurth'8 gxpeTrXur•. ¢Xortryy th 2020 waB at)ve tyjtst desF4tg oc¢nomlc uncertalntie8. Vlhilst b• sw• that ttb• s#m• hgpFen in 2021, the ksson$ Igamt frcrfn 2020 wil a88181 In managlTrJ Ihese rfsks In 2021. In aththtion. n+1 mcffitNy bLwW nW)lOrig reports to tho trust hÈv• botn put in rlace for 2021 to ensure Irusta•s up to dat• Ilnandal In(Mt to enablo tim Tho olhgr main financid rfsk in 2021 is tha sw09r M th• Li¥ing Slon8s sandary Tefijrbishment project. Athough a signlfKant amount has alr•ady b••ft ted to thg ¥rKI rrThp IB pdged. th18 stlll tgnlncant flnpna8t th8 Th15 r18k 55 beku niwtgd by ¢J8vdoe1 ol a detaN8d d•svJn l•adiTha to • firTn cosl wY¥ks. overviThf of the IxoJ8cI by a stoerfr#J gro it8 aBwdata(I flnancfj tom, und¥rtoktr& dlt9once of r¢kntial L%)ntrkn.
UNION BAPTIST CHURCH
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2020
We M•k to ContU8 to efflbed owvAkw in Ilo of lh• ¢wJth ats w8 emwg• frcth hJckthJwn.'
BlbllrAI- Vle VAI apwjinl 8 Nni3ty Trninee 2021r22. ttKS rncAv• mlnlst•rlal training as shth rVeS
amorKJst U8 88 as •tt•ndlng Bljltol Hnl8ty tr[th9 In OxlNd. Wa t•&ll erK¥)uw¢ group aThJ IndkU81
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UNION BAPTIST CHURCH TRUSTEES. REPORT {CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2020 TogelhOT the M5nL8tar($)" If ony and ts 9klws and d&8c4)n$ gr¢ fv Charlty Tru8teeB of the Churth. A Pastor is Arrinted or rerTh)ved ty a resduttrx ol th• Clwrch At B Spxial Chur( M•fflbors' M•8ting. Voting 18 by Settol b4lhX and they mu8t rocolvo a ofat 80% of I)$0 ¥oUTrJ. Ebdors are aFW"nt•d by a rwdution oflhg Chwth mernbern at a Chjrch Membws, Ma81ing. VoUrrfJ Is by socrBt balbt and thoy must rec•lvo a vots ofat least 80% of ihose VLthg. Cknacons arn aPSint•d by alelon 8t 8 Church IAember8' M88tkvJ. VolNJ Is by sécrti ballot arxl Ih•y rnt recwg a vots ofat J8ast 50% of ItM)se vouryj. Charty TnJst8es loxcept for th0 tn mlnbtsrtal offlcel are apr)Tntod ftr (Th term of thrw y•gr4 wlth lh& porbjnlty to b8 rKmlnated ftrono furthar thr88 yèar tam) 0Y ththt mu b? lol(YvJ by a vacant yewvhwn they Bhall not be elvJit48 for rewointmenL A Sperial ChL¥th M•nor5' mlly r88thd th app)Intrnnt of any Chwrty Truee {exc•pt fly th(fjo In oflkl at ony b"mo. ' usudly glv•n t Ull• R N P*nlrklg• Tru8ts0 Oalod.. 8 May 2021
UNION BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UNION 8APTIST CHURCH I r¥port to tru3tee8 my exanlrballon of th• flnwK481 cl Lknkn Boplist Churth Ith• cPr) for tha èndèd 31 Doc¢mber 2020. RHpon•lblth •nd l•18 of Y•port As th• trust••$ of thg Churth yvu ar• r8spcThl>lo for lh• W•parati¢ of th• fina Btalomonts a(tonknc• tArfth th• r•qthMil• ol the Charfll8shA 20111tho 2011 Ad). I repJrt In resFrft of my 0xamit of the Churth's Ilnondal stalements cathod out under $&t1 145 of th• 2011 In c•rryky my eXamInalk I folkJ8d al th• apF4cablo DIrtIONS On by Ch•rty Commkn¥th wder 145(5Xb) ofthe 2011 Art. Slrth the Chufth's 9ro88 IrK¥)mè 9x¢j¢d £250,[ svJr •xaminer nYJ8t b8 a m•mb•r of * body stad kn 88Ctlon 145 of tho 2011 Ad. l Lyjnnm) ttwl l om qUd b) urtht8k8 tho axamhalljn bo¢au•e I momber of ACA, ¥hbich on8 of th0118tod bod. Your •tt•ntbon [• drwi fxl that Ihts (wity ww>Ar•d flnr4Kao1 In 84Xtxd•rth * AccJntinp and ROF¥9 by Ctrlts8 thdr accounts in ACCOTdanc8 wlth Ihe Flnandal R•portlng Standard 8ppllcablo In th8 UK and ol ITgknr¥J (FRS 1021 In wel8renc• to tho A¢t>)unts"ng and RwrtirvJ by Charftie8'. Stat•ment ol Recommend1 PraLYko kn6ued on 1 hpril 2005 r8fwr8d to in th• extsrrt re90¢kI but has n(w t48n lthdrawn. l und•r8tand Ih8t thls ha• bi don• In ¢#T ft fln•nd•l Jtalemenl• to and falr th In acojrdance th Gener8ty Acc•pl•J Pr4¢k• ¢ff¢¢tr tr rePrj perfod8 bgglnnlng on or after 1 January 2015. I h8v• cc4npbts¢J my •xnItIOn. l o)nflm no mall•rn havo C•Jm• to nry att•nlon In th• oxaminafjon gmng m• cawi to that In any matfjrfal r¢spe(t. acLounUrvJ T•cord8 w•r• k•pt In ripx of the Church as reqr1 by 8octtrm 130 of the 2011 A¢t,' or th• fin•nryJl •Ithnts do Tr)1 compty with the aFfAkablo cth¢omiThJ the form and Ctant of accwnts g•1 wt in Ihe Ch&rill8s IA(rrJJnts arKI Reports) RU10n8 2008 other than any r•qulrnrn8nt that tha accounts gh• a tru• lak ¥l•w whkh 1$ a matter ¢k1•r9d as port of an Irjalnt exAfflThlk>n. I hav• no C£M5 rg)rrn a(¥tw no oth•r mattors in Connedc ¥Ath th• èx8rnln4Yon lo whkh attonlon shrmjld bo drAwm kn ropty¢ kn Lydor to blO a wopw undwst•n(Ang 0ftr flncIal8t8Iernents Chrlstophor Nl$b6t IBAHMS) FCA 2etsAudlt Sorvh>s 718 Eghams Court Boston Drfvg Boumg End Bucalngh8meNre SL8 SYS 0810912021
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UNION BAPTIST CHURCH BALANCE SHEET AS AT31 DECEMBER 2020 2019 Flx•d ••••ts TIble assets 13 1,783,600 1.7.fA)0 Dobtorn Ca8h at bank and in hwxl 14 21.Ck81 911041 827.957 &32,9)2 89).786 Cr•dorn: amounts Nllr¥J du• tlth on• ymr 15 145.322) (24.1591 Net ojrnnt 8S80ts 887.580 666,607 Tot•1 a•Mts IM• curr•nt Ilblll•• 2,871.180 2.416,607 Chwty fvnd• Propgty 8nd¢rTrfund# 1.783.8iXI 1,750,0 1.783.600 1,7SO.OCL) R08tr5cled lund$ Unrejthdod fvnd8 Dogn&tj fund8 16 476,570 122.4S8 2W,817 95.820 279.970 17 2,671.1 2,416,607 R N Pantrklg• Tru#t•• 12-
UNION BAPTIST CHURCH STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 310ECEAIBER 2020 2019 C8•h fram op•rthq ac111•¥ C88h geneTated from operntions 258,552 Vmdng acIMtkn• Inve8lrrwl Inrjjrne TerAv8d 1,878 N•t ¢a•h g•n•V•t•d fnlm kN•¥tlng 1,878 N•1 cuh u••d In flMndrwJ •ctrlll•• N•t In¢v•M• In ¢Mh c••h •wl¥4•ni• Ch cath •¢yJtrMlertB at t••'nr¥ of y• 827,957 387.527 Cwh and ¢Mh •qulvnt• It •nd al y•v 911,841 827,957 13-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Chjdty Inlormjti The Union BapU¥t ClwJrt b& UmC£ asgcxath affllat•d Urkn of Gr Brltaln. 1.1 Accountlnq eon¥entlon The finanud st8temeJ)ts hav• bmn Pr•par in a¥8nCe with I Clwrth's trust daod, Chgrtires Azl 2011 and 'Aecjntl RoFrtylng ty Chth.. Statarnant of Recljnndd Pradce aFvllcaNe t+ tharibes preparing thwr accojnts in atttrdAnc with the Fanal ReportirJ Standard appllcable in the UK and R4)ubJic ol Ireland IFRS 102118ffth 1 2019r. Th• Churth L8 a Public 88nefft Entity dofin•d by FR8 102. The finandal 8thtWn1s ha dapad from t Chartl•8 {A¢c¢unts ar¥J Rewtsl R•Jul4tlon8 2008 on 10 tho 0xtt ffjqutrwj to wovhje a tNe and f M8w. Thls depwbjrn h8• invofvgd fdlowing lh• Stslombnt of R•comm8thJ•d Prncucè fof chii88 PIng FRS 102 rnth6r than th• vèrslon of th6 Statèmènt of Tho lknandol 9ts1¢m15 arn prep1 In the ujrrwy of the ch. Mon• •rnounts In thos• flrwoal staterrwts arg rnurthj to th8 w06t £. Th& 8tatsm•nts hav• been marod under the hl8torlc41 cosl rx)nv•rthn. mLJfflgd to Indude th• uatton of freehold aNI to WKA• invo8tmnt wopwtio8 certain nstrurn•nts at Ir ¥•. Th• fjc¢ounlty pfA¢kn8 •dopt•d •rn Ml (wJt 1.2 Oolng con¢•rn At Iha Ilmo of appron9 th• fin8no•l stateMts. the truBt•es have a re)nab oxpecknti¢>n that th• Church has Joquat6 rn8ourc•8 to contYM In tspwatlrywl gxl¥lence for lOr•88blO fubjro. Thu8 th• C 19 lIk has 31+1 kn a nbfi¢8nt drop part In relallon to room hlrn •t Iho Hub". Wo have tthn e4r8fulty managlng tyjr and for1ng the Fthnllal of year flnan1 ouknmè. A8 a result. and due to the gcx#l balan 81 th• end ot 2020. w• balle w411 stlll havo Sustaina unro8lrba¢d d•sbwatod tunds 81 the a1 of 2021, And wo TrAryl not be dow t¢ havhg to access tho wntlrrfJ•bKy I. As ¥uth. (xThkl8r Unk>n Bapost Church and tha Hub to be g going carM flnandaly b8yond 2021. Vthl81 lh• c#Jr¢h has had to cany a numb•r ol ils actMtI88 dlfferenty the pan¢lenwc. m•y ha¥• to th somB thing• diffgrerty kn th8 futurg. It i¥ •tlll abkn to fvMI118 th8thbl• aThl auodatl tsk• St• for th8 yo8r. 1.3 CharStabkn fim Unrestrlcted luThls arn a¥4lA• fty us• 01 dlwetkn of thè lurth•rnrK¥ of thdr thgrlWI• and useB dtho r8strlct•J lund8 stst out in ts notsB to lh8 finwmaal slatemenls. Churth. 1A InGIIIII• Ino)m8 is r•cx3niwl Wrt th• Churth ts laga1 entiugd to it after ary per10¥9 ccmdititsnB hove tean ( Ihe anKAJnts can te rneasu relabty. and ft 1$ prob*4¢ th81 Inc¢mts be r&xNed. 14-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR ThIE YEAR ENDED 31 DECEAI8ER 2020 A¢tn9 polici {Cortlnu•d) Cash dLMations revJgnwJ on re[. Other athy¢ arg rec>¥niwJ orK th• Churth has been tified ol thè dwtbjn, unle8J perfrnrTh condMh)ns rnqun d•fèrr4 of th8 aTh)unL Irmmo tax r0¥•18b1e In relalon to undtr Gift Akl or d88d8 of c4>v•nBnt18 rewSs•d •t lh8 time ofthe donath. Lega¢i&s •re rncoJiys•d on receyt or othap•As8 K th• Churth hbs Lwi of an imnd1 dJstrltrXrtt. th¢ ornounl IJ kr¥MI. and Tp1 bs 8XFthd. Mltro annI is not knov+n, the logaw 18 treat a conting¢nl as( Grts wo r8r4ni8od on recow or rf th• nothl&l of on ItrporvJlrvJ d18tr1butlon, 1.5 Exp•ndRur• I •XF•ndMurg f8 acc)untsd cffj 8D7ualB I)a. EXndIJr l• r•(x)gr&e•J ra Ih•r• Is a legal or constructive obl8tth to maké WyMts lo ts4rd li ryc8L4• that rnent lll wulrod and IM amount ol th• oblgatkn w b• m•wMvd R8strkt•d gmng arnounts we doalt as rwblcl•J lurth laltrwh th•y arg roglsternd on ttr• Balonea Shw wtron not fuly $w)I duthvJ th8 year In Itw •1• s4¥w) and th• Ilabllty for payrnit reCJnIs6d whgn th• •mount• f•cW. JI oth•r IB gorwdly rnc4nl••d It l• r4vJlor Irbyok. 1.6 Thrylbl• Ilx•d ••••l• Tanglble flx•d as2atg arn ¢oplt41i8sd rf tw be uBed for Morn th•n onè yw and c081 at knast £1.OCQ. They are InlU8lly rowin¢s&d al ¢08( ty for ¢JJnaknJ as8ot4 al a rna•wabl• osllmlto of Iholr Va on Afonrd valuatlon crf m•in Churth of the Cfrwrth. HU8 •rd c•) p•rfomd Duncan Balley Konnady LLP. 410¢41 fvm of Ch8rt8r&J BulAllng Aprll 2020. Th• vabJaOon w rel1•d In acDJunts yoar 31 Detr 2019. Dur¥ th• y•ar •nd8d 31 De(ts 2020 Iho tru8•• updaw • ¥aluatth of Man80 wh raf8rnn( to th? N8lith¥Jo Prfco Index. Tho re8UtUThJ InLy0a In valuo ha8 been refi•LtsJ the accounts lor tha yaw 8rn19d 31 Docr 2020. 1.7 IM1r•t offlx•d ••••t• Al each reTng end dafy. Iho cfM¢h rnWvJ th• unI of Ma laffjbl• to d•tsrrfth• whether thwe is any nth'cat)n that those as86ts have #uffergd on knPa1nnl k)88. 11 any Buch Indlcgflon 0¥. the lebI& mnt of the 0888t Is estlmatwj In order to d•twnine the extt of the impalmnI loss {Wanyl. 1.8 C•¥h Ind ¢th •quI1•nts Cush ¥rwJ $h e¢Walents IndwJ8 cash n hand. ¥1 wllh bonk8. othor short4omi Ilquld Invo8trn•nts wllh Nlgln81 mabJrll50s of three months or 18ss. 4nd bonk overdrafts. Bank overdratts arn 8h¢ywn thln b0ry$ Ai liaixllles. 15-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEp¥rs (coKnNUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 ArutIng pollGI•• IContknu•d) 1.9 Fknan¢l81 In•trwn•nl• Tho Churth eleLtsd to ap the of SecJn 11 'Ba81c Fhandal InthIrj, aThJ Sathn 12 '0 Finan0 Instrufflts Is8ues' of FRS 102 to all of its fffi8no#l instrum•nts. Ftnandg18Jsets ond IlabMMe3 are off8eL wilh net 8mtMmls pres•ntsa in IIKry )InorKial stat•rn•nts, Ihorn Is a legalty W)frjrbI8 rwJhl io set off tho rnctynlsl aftnts 3r tW¢18 htsnllon to on nat b891s LY to rndis• tho •Thl the Imtxlty muttarb. 'c finAncid assats. in(Jde d8btor• oThJ (¥•h arwj bdancw. ffl688urnd at transadon pric indUd1r tr8n8th c¥)81s •Jb8oqu8nty c4rvl•J at c4)Jt uskng th• ctive Intern8t molhcJ unkry88 the arr8rvJ•m•nt flnandng transacUon, whw• the tranBacUon l• measured at the prevent value ol the futuro r•c4lpts disLY)ufttsd at • rr4¥rket rate of Inteml. Fan(yel gwts dassffi4d as thin ( arn n¢A 8mortl80d. Baslc flntAl Ilabllw, ¢xodM(Ys aThl bank lo•n6 arn Inthny r•ctynW at transothn ptl¢• unlos8 tha 8rrang8m8nt con8tiknt•s a fin•ndTh3 tr¥n8BGIkn. thro the d•bt In8trumont ts meaour•d at th• pr•8ent Value ol Ihe fubjre payments dISttnI•d •t a mBrkgt r¥te of hterest. Financial llabrltu da8B Flnanc4al 16abl11ti aro dwnl8od when tho r•Jntr•dual obllgolloro •xpfjr• or ar• dl•ch•rg•J or cancdlod. Crlllcal •ce4)untlng ••tlmth Ind ludg•m•nts In the apffilkn of tho CIKrth's accounllng r)Id•8. trusl••s #r• roqutred to m0 ludgomtrntj, sJmalo8 #nd assumpts0 8tr)ul th• amwnt ol 88sets ardl18bl1 that are not r&adlly appofvjnl from other wur¢•8. Th• •sb'males and asgouated assumpthMs w• baaad on hl8torK 0xparl•n and other factcys that arn COMh18rnd to b• rpFe¥anL PL*Jal SuIt8 may drfl•f Irom tha 05brnato•. timates 8rg r8ts>JnAod in tho ¢#j in wlith the estirn8te rnvi8&g wh•r• lh• onfy Ihat Fth)d. or in the peiknl of th• r•vIn &r4J futyjre pwlodj wthere Ihe revlskfft 8ffKts bolh rr•ftt and fulure 16-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 Don•tloM Ind T•gKI•• fund• fund• fvnd8 2020 20 2019 2019 2019 00ft8th)ns And Ta¥ rvAlvabl8 220,670 41.444 222.170 41.744 211.495 38,655 212.605 39.023 262,114 263,914 250.150 251.718 Ch¥llabl• A¢lMty 2020 2019 Chofltabl• 57.482 113.592 Mon<harlt•bl• lth¢om• 2020 2019 5,814 26,489 Inv••lm•nt• fund• 2Q20 2019 2019 2019 176 1.702 1,878 17-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEthIBER 2020 Critabl• Chrrtabl• exp•ndltur•Exp•ndlturn 2020 2019 lthnlJlry 102.469 49.157 188.072 3.090 97.365 66.978 220.200 E8t8bM8f#Ynt 340.788 386,343 An•ly•l• by fvnd Unrestrlcted funds O•signol•d funds R•81ri(*ed fijndi 278,083 38.7TT 23,928 353.386 20,522 12.436 340.788 386,343 costs pa to tho of £3.090 {201& £1,8fy)} for examin8t)n foes. 2020 (Sn8Th 2019 ¢o•ts Bank IT Offlce c08ts Olhor costs Ind•pandanl •xaminathJn 420 420 1.477 84,932 99,183 1.4TI 84.992 99,183 102.681 116.238 102.881 116,238 186,072 189.162 220,200 222,OlXI 19-
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEpifs (COKnNUED) FOR THE YEAR ENDED 31 DECEAI8ER 2020 10 Grnnts p•yth• 2020 2019 Grants to In81itsrtioM: BUGB Homg M188lon BMS Worfd M188b)n Olh•r *eaS Ml5¥ UK Lc¥a Misslon 10.C 10,OCq) 11,782 10,200 25.016 9.0 11.605 7.900 12.6S2 49.157 86,978 11 TN•t oth•r thgn Mlnl¥t•rs note 121, ol rwAv•d any or b•n•fftJ frc¥n thfr clTch durlng tho y¢8r lJ)19: nll. Durfng th• y•ar th• ¢hwth £21,76312019'. £23,894) to wt¥) wore r8l•tsd 12 Employ••• 2020 Nurnb•r 2019 Nurnb•r 16 19 Wages and salartgs Sockql ¢osts otr pension costs 154.133 156,760 8,374 10,119 19.132 10.512 20215 191.743 194.385 •rnployw r8caN•d ex¢o8s 01th).¢ the yaar. The Mni8ter5 act as clyjrth's trust••s V•iih the thJTch $ti11? and recaad MOrBticffi of £58.W) 12019.. £57.th)018Th1 Lts benèfits li Tospeca of th•tr as Minlstsrs. Ind1n0 prOvisic cl man8e acxorNtth. 1j lym1 by the dvxch aTrJ the oth•r b•lng rFntsd by Ih churth from th8 Ministor arml his skymtso. £886 kn tclal was trj Tn h r•¥•ct of ix¥Jrred as TruStS 12019.. £1,983).
UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEp¥rs (copinNUED) FOR ThIE YEAR ENDED 31 DECEAIBER 2020 12 Employ• (C¢)ntlhu•d) 13 T•rylbl• flx•d a•••ts Pr• knd bulthw• At 1 Janu8ry 2020 R8voluation 1,750,C 33.8CQ At 31 D•c•mb•r 2020 1,783,8 •rrylng 9rt At 31 Dtr2020 1.783.8(M) At 31 DeUrnr 2019 1.750.000 cl ltr• flx•d ao•ts Arn for4Jr•ct rtit8bkn pJrr)800. • 8t 31 Dec•rnbw 2020 th8 m•ln chu gil• w•$ r•ts>wiwJ in h a(YayJrts a yo• of £1,175,000 12019.. £1,175.ocKJI. tad upM a Irn•1 undwlth kn WI 2020. A• al 31 Oec£mr 2020, tho Man80 wa8 rwts•J kn thg acL4)unts llh a vduo of £833,600 12019.. £6rxi.01. ba1 an knfcrnal UFJe ts) the •rt•n by thg tru•leeB wilh referonce lo tho tionwido Pk)us0 Pri(¥ lThJe 14 D•lknrn 2Q19 Amount• 14lllng Tlthln on• yw. Clh•r dgbtrn Prepaym8nt8 and I¢¢nd 6.473 14,588 14,115 48.694 21.061 62.809 15 Cr•dltorn: •mounts f•lllng du• vAthkn on• 2020 2019 Oth•r crodilry AccruolB defe1 lTh>Jnb3 17.009 28.313 14,704 24.159 21-
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UNION BAPTIST CHURCH NOTES TO THE HNANCIAL STATEMENTS (coKllNUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Th• custtsJi•n Tru8t88 of Ihg chwch 18 the Bapbst Unk)n Cwrallon Urnhed whith is charfty numb 249635. )d thleh Is c(xrtrvJbJ by thg BapU81 Cwidl. Tho thurth is also a m¥rrt)er of thg 8apUsl 20 Ctsh g•n•rntsd from 2020 2019 SurFlu&lldafidll kn thg y•fjr 220.973 299.080 JUstrnts fv. (1.350) 11,8781 MovemtI In Cap.. DreS(ln¢r•aS¢1 in d•btorB 41,748 21,163 {62,8091 24,159 282.534 258,552 21 Any•ll ol Gh•ng•• kn n•t fvnd• Tho Clweh had no debt durkng tr0 ¢X PmityJ8 >*ar.