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 RW￿ndY Y H T￿l￿di SEWg8kn K 8alo9 R N Panlrtdy l D Manklèb K Hazdl T M 8urmkffjham CECroft JAHanilc 19 May 20201 (Alp￿1￿1 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 B￿Jm? ETh1 Buckknghwnshlr• SL8 SYS 8•nk•rn Bordayx 8onk PLC PO 80x41. H￿h Yfyojn HP1128G CAF Bank Lln*d 2S Av•nu•. Khy Hkl. W￿t Malky. VE19 4JQ UNION BAPTIST CHURCH CONTENTS Ind•pwtht feixxt St•tsmont ol lknarK*I aclm 10-11 12 StstOn￿nI d¢8oh 13 14-28 UNION BAPTIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEAIBER 2020 The Irustses wesent tr*lr rnFrfyt and finwcid Ststom￿lS th• y•Wr￿￿J8d 31 Oec•Th*w 2020. Tho financ¥al ststernents havo b8on weporwj in ￿cor￿a￿a w1th tho a¢c£•Jntkng sgt in nola 1 to thg fln8rthl statsments and c¥)mpty wlth Iw8t deed. the Charlb"e5Ad 2011 8￿￿.￿4￿￿tir￿J aTh Rgporlkng by Char￿03.. 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 IMp￿an1 to haN* had lh￿ th•m to othars as loc*d(y*m t•olatkJn has b•un tho norn for mc*t 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 J￿u9 on th• ¢r088 hkn roourrnth. TtrAs rnmoln8 thè Unde￿nning 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& folMh*J •1 tho of th• I￿k 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￿$hopS wth K•ad•r8 of the G•iwi th￿d￿8. ￿¢￿￿gIng th•m In Ihetr to tt)e vAdo programm6s iThtiatod on proviou• vkn. Th•n w• hgd th• ¥tort of the nalk>nd lo(*do1￿ of C(¥[Yw￿nn p￿dfjMk *4lh all I￿￿1 Churth meetlngs Stoppad and th• Hub do8ed. T￿hnol>aY ha8 rwmy h•lp•d us tts makniaSn •0 mgny of our advltl•s throughoul prokng•d hckdcA¥n #rKI ¥1 fa r•gtrfdtLW. Th Lonl has blosmd wlth thoee abla to uco r8fx￿dthJ sorvlces so Wit onw trA 8WVKX8 on YouTth, h•kJ prayer and h￿l￿￿0Up mwttnp on Jnd Pa8lcYal FrfeThl8 kept In *lth e¥wyone across the fdlty•thp. Pastor, Malcc4m HA1￿1. 8•nt 01ofKwwlng past￿1 l•ttws thrwJlKJJt ts yw. As was sald at tho 11fflo: do ￿ do wh•n DO thurth In ￿'r• used tof ind th• slmple answ 1$ We wil BE the chU￿h.. Th• vrny * tr)nnèct one VAI l)ok dNler8nt fArt who wo ar8 doo8 not c*aThJ•. Wo wgre ne¥er d￿ndent cffi 8 and we shry*Md ￿ c•n BE churth ￿t￿red In our hornes. W• arn th• LhJdy of h¥ug. TIMS Imo ol belng iwAat•d hWNghbJ that wo gr• made for rolatbnshlp A no￿rk of 8UkWrt wa8 84t to provklo orrfl wlstance for those T*hK) r￿d•d it- many thants to the Hub Team for th•lr sorvlcos wide raThJe rf people and ty￿ of presentsuon and when scd*ty4bstsn¢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 U￿ng new INe8trnamkng and a Iwgo TV 8LMn Ipurrthas8d from Lmng Stonos flnan￿1. Ow Ihanks 9) to al IjK￿ how ￿ab￿d 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 v*l*1 arn1 d)ang8d from to D8cwnbw V•* agla In adaptkng o $wvIcg8 ond athlues a￿c￿dIn￿. So h•v• rMKh tr) thank God for. supwi them Ihrough our Sm￿1 group n8tw(¥k, cyjr Past￿al Frltnd$ sthorre. 8￿j 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>)rNe￿￿on. Two of r mambgrs with wofessicnal ex￿rI1* laulitwtsd onfrhow s￿￿n6 In Sgpknbgr, w•t r8poated in Octthr to $8tlsfy d9[TW￿. UNION BAPTIST CHURCH TRUSTEES. REPORT (coKfiNUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 In Novernbw the 88(y)nd lo(*dM 818rted in DeLxrrter. wlth 8rth8r SIg￿t CovhJ.19 cas8s, most ofour plan5 forknt s￿1 Chrtstmas h•J to be am￿dad. As Andrvw sad.. "I way that wo WWI listen arh loam vttbat God wants to teach us lThi 8nforr8d thice. In￿1ralKIn and and that ow *1gnce t￿11 b9 Int•rrupt*l by a trug Fwng out ol our hoarts (n to God and L* sho￿A￿ tho IIW of hls &)n to those Iw kn d￿rkn•￿.. It was great that rnn trrtt Dtsap188hip Exp￿￿1 oJurs•s Bible C￿99 durfrvJ tha ygar. and regulw smol grc4w8 es￿ish•d. the faith of many. In Juno our mlnds arthj 11Th￿l and by th• No tr) R￿alM 8wnt• In US ar￿ UK and wo had a Om& of latr￿1 and Tewtanc4. The ann￿1 9•rt• Iwk place ￿th Churc1￿ au088 Hlgh to a woThJ8rlul 8opék> ol for tLwn. 0$p￿Ialty In th1¥ On 11th ￿ ￿l•br4￿J 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 fr￿￿dewn sadnes8 ya8r 88 • nuftknr crf tyjr (#¥Jrch hav• loft ¢x dknj. Through 2020 w wel￿Med now p￿PIt to c￿r C(Y￿r￿Jakn quit• J to membership. On th• other haThJ, moved away. Tharg wo8 al80 sadness •¥ bvod on•s ho￿ dlgd. Wo thlnk esp￿￿ty of Jun• and Joan and Ih•lr f8rTh1*8 a8 thoy hava m￿rr￿ d•ath¥ rf Kon Jad( r88P8eW. W? th￿k (>)d lelthfuln aTrJ ttfjtlnu• to prny thdr f8fft1Sw tr￿￿r￿a God to thom wlth HI8 ￿¢• OA)d p￿e￿. W• ar• Appr•ry*￿ of all tho 8orvkn and 4￿Unte0￿n9 th4t on throughout y•gr. The Body of Chrtjl *rJrks togeth•r. Wo Jhow to ontr aN>thor orxl glw G¢#J our Wai￿ ar￿ worshp. Wa SI￿d 8w• In I￿ lov• that Ho Ilr818htr•4•d usl I w0￿d Ilk• to our thank3 to tM To•n who c￿1￿4￿1 to *tvK 80 •ffe¢O¥dy trmugPtsJl Ihe Y￿ in suth chang•#4e and dr￿m￿lI￿. and •n*)IrvJ so rn￿Y aBpo(ts d our thurc* life and aclfvty. tt wwld p•rhap8 b• •8By to thlnk th•t Iho pwidemk ￿ hw• b••n abki to xthl•¥o tyjr Plans ￿ Asplration• whlth wero 801 oui last yoar t¥Jt th• of cyJUiMd at¥M. show¥ rnuch wa8 athieved. Th• nom)al r8nye of m￿￿sty and Toam haj been bul much has happened onllne and In new cmallv8 wap. We foThv8rd to cJ)alwfj¢8 and rw)thn6ties In 2021. so9￿n9 God'8 vtskxn end in al ￿. The winclple purF*Me of th• •JVanc￿n￿rt ofth• chrkn11￿ l•ith •xDrdlng lo tha prh￿￿￿ oflh• Baptixt dentjrnlnal￿. It Is 8fflllatod b) thg B8p15st unic￿ d Great Brftakn or￿ is d80 a m•mber ol the Evangèlieal AJlianc•. The Churth may aLqo tholmxb ¥nd othgr tharilabkn purryJ808 h) Ihtr UnWod Klngdom c*othor l￿ts oltho *ryld. To 898 H*h ¥Vyci¥th by (>Jl thr￿ I￿￿J. ¥M1 *Mhlppk¥ thurt*. churth ha￿ pak1 duo rogarf lo guklan(* 18**d ty lh• Chailty CorrnnL%skm In d¢adirvJ *that thibg8 tha C￿rth should und•rtak•. 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 I￿11 vwy from tlm• to thno ¥AlhAthtl8s iThtiatwllsy• ¢xdcwd ￿ aFSYLyla Regular wt41¢ ¥•Jrshlp. wtyer. eible 8bAty. woHthIThJ WKI Baptism by imm*xiDn Communlon ofth& Lryd'8 SLW Evangdi8m and mission Chlklron and young P8OFle'8 work Ch￿81#n ￿￿p1¢ShIP Educobon ¥tsJ tralnlng Chrfjtkn wr¥i Pastoral car• Suppoth'ng and erw3wrnglr*J ¢horhat4e lodal •ctk)n In tIKI United lfjnWI￿Tr a￿1 abrood Womng wfth other Bapttsl8 and Chrhtiaro Publlc B•n•fft: In ￿onTrIng a¢dvlll•s ¢1 the ¢hath/. IM Mar*￿1Va Tr￿￿0$ havo ctY•kJe*r•J tho gukJ8n¢o On publc b•r•fft 18a￿d by I￿ Chwty Commlsth atxl In p#rtknknr tha Sp￿4￿ on c*arfbg8 fty the •oknncom8nt of Publk 8•n•fft actlvlll•• . We proftth tho c•ntral biJtr* d Ihe Cl*tsll•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 Con*n￿ 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 c￿r￿•, wothkng •TrJ Jiyport to lhw In Our church m¢tt* t•xt 2020: e kwe bocause h8 flrnt loved ￿. 1 Jom 4:19 We 8￿ght 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 LI￿ng 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(rt￿d 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• follo*lnq: Lockdown ro4ukod us to tr¥n¥fofm hrm w• Jc4n In o)mmung1 KvsNp. Prfrrecord•d YouTub• eoNtrA8. I1￿•tr•sM￿9 wlth crywrggakn. vafvjjs onlino vla Zoom aThJ •udb CD'8 of 8•rvl¢ each h￿8 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 to￿or. TKhnology ha8 al•0 onabled u8 to COnn￿t nm actfvdy ¥Alh m18•knnarfe8. St￿4•n￿l 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 c*LW(* 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 l￿d 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 depe￿nc0 13od. A 24n pray•r orvJagod Many pooF40. In earty lkn. Ttrwfsday •￿1￿4 tiN8 rf pra>w lor ts NHS were a poworful Te8ponse to the Pa￿10m[C fjrKI 51 has t￿on l￿d01￿￿1 to ￿ the grry•th ol prnyw thr(￿h WhatsNJp &voup8 R•l•tlonal- Wo h￿d an at hL¥ne and txhw for onlor lo h* th• t)￿r 90 from Ihe feficM8Np grew kn friendship f•thy**%hip th• ggnw*k)ns a6 tsy 9p￿1 e Saturday Icgelhor In F•W. Fo1ty*7r¥ the death of Ge￿ FWI In th• US. n was glgnffic8nt aThJ imt¥)rt4nl to li¥ton to the exparitncè of IAaek rr￿Mb￿ra of th& ￿r￿regakn. 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￿ E8*r up ntsw way8 of wlith w2 way F￿Ve Inritful. CWo￿￿n0kng outside nwtl)•rn' Fbjm proved g gr&ot onMUr￿men¢ to th￿ bx*od 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 misS￿n hgs uY¢r•m durlng y￿r 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 L*urc* artd Th• pandwlc hfi￿ *nifir*nt 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 C￿verSat￿ vra8 rn￿Y fflThYlrvJ tN8 hew. Entlrdy n8w arnas of Chrtstsn ￿ h•v¢ Op￿￿j up wcnhip chldr•n y mln18ty. Thè dwrch has gener￿Sty 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¢$Ymonie8 In Th• Co¥ld.19 pundomlc and kxk(hM h&1 Inw M cwr thurch 110 aTrJ mlnlstrle•. Slmi M•r¢h 21Y20 vm hav8 had to rnstrti tho use rf our and dwdop nthv W4￿ of *vr8hlppkn9 and wpportlng our co￿jr998￿0n, kn Iln8 ￿1h gov•mm8nt rostrKth•. tkn88 ￿ hgvo pr￿ti8•d tho 8afoty ol ￿ thwch f•nity doqr and rok •w•*))•rA•. D••pits th•*0 unprK•dwted ￿M•S have to makntakn and dgvelop ￿nIStrI&S to God's glory A￿1 fd￿ng rnport of our church durfTrJ 2020 h a nM>8t to GLNI h￿$ provId￿l for UB and how and Inr￿¥th ol WKI wvlrvd baon dgv•kp8d. Fln•ndal r•¥lva7 In what h88 b88n an Unbxeead￿t•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 ￿￿915￿nt and 8acrifioal grfflg bolh to the genwd ffinanc￿ of the churth and to thè Lmng ston￿ ￿T￿lary project. We aro Iruty t4•sseAI and givti lo ow Lord h* provlsion for u• and th• generoua And ￿)ro￿tent ol Iho felkywship durtn9 Ihls rNss¢ Jffi￿rI ol>*ar¥. In tho Sprirvj of 2020 as we nto kthown for th• flr81 Iln*. were vwy unr**in •5 b) what Ihbs mI￿t mun for Iha thurth finarKs8, pertlujlwty as. dmosl o¥wrighL • maJty nc&Yn• Jtrnam Il• r•ntsl in¢>Jm• fr iha Hub) was r•JI￿rt to nolNng. Earfy foroca6ts of a large dor￿ by lh• of Ihe year F¥ov•d Unf￿nd•d and, as set out In tha surrmory behyw, we up wrth a po*ty)n on ger￿ra1 flnarK•8. Th18 18 duo to tho g8norous givlng of th& lelkmship. g¢tsJ slv•arthh* of our re8ourc*8. and wrne runnirvJ osts due to the wemraes ￿'n9 dos•d or usad 'INyIV fty of the year. ￿th0￿h A has been dlfflcull ￿ar to fr*r•¢asl and plan a1￿J, In lerm8 of our 08 In m•ny Olhw 88P•L*s 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 t￿blY over the last 12 months. I would dso Ilka lo th8rth t￿ Fu*nce Team th•r aupport athc• and wlsdom ovgr thg yoar, and to Jac*Jo 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•nt*l and rpl•t•d Incryn• totslled £83.￿- Mt wrtslrwJty. of Ic4*d￿￿￿. thls was h*ftht ￿dge1¢d Provtsoon olthe kild￿ next to the hyAW lounge glvlng arvj SUFVOrt for our ministrkns and t•¥As {£49.51T- 19% of total Ir*cfjrr*. 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 &¢c￿l of £19.074 exp8nd￿ra 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. t￿1•1*11 bal•nc•- 0Xd￿alty 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¢ c*wch 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 ur*l•r £36.C(Q Ixrt thB wnowrt that bo roquirnd rfthB principb8 and approach s•t c￿t In that polky 8pplb•d l•slMnalod •t £48.IJOOI. HO*￿r. th• balanr• of unTeJtrtc4wJ and unde*naknJ fund8 (￿ th8 ge￿￿1 fund) of£122.458 moan8 Ihat thero are Ihan $uffld8nt fvnd$ to sailsfy the Oky. The Ihexefore has 8uffici•nt ro￿￿$. ItvAII bo prudont to rw thg rno•rM pollw durkng 2021 to (*vJrn8taN￿ 81nc• th• w98 aw*J. In 2020 Iho 0)rOr￿ruS pandemk Nghlgttled p8rUoilar Thjtably to th• thurthts Inccmo. Tho most slgnrfKant ol the88 was th8 r8duction ￿ rental inoTh causod by lor￿￿￿￿ and asscKiatgd r￿l￿S on th• Uae of the thur(* premlBes. Cth•r rl8ks the potethl fry ￿1￿c¥d offortwy ￿ bh8rn18 a •¢onomic downlwn offgcting peoF48'3 at41Hy to Th098 tsks romgii in 2021. However. tho 18vel of.on lit•" actmty In 2020 rrffjant Ihat ewdthre was also rodw8d and th•rè was ggnwalty Izroful M￿a90m￿nt ofts thurth'8 gxpeTrXur•. ¢Xortryy th 2020 waB at*)ve tyjtst desF4tg oc¢nomlc uncertalntie8. Vlhilst b• sw• that ttb• s#m• hgpFen in 2021, the ksson$ Igamt frcrfn 2020 wil a88181 In managlTrJ Ihese rfsks In 2021. In aththtion. n*+1 mcffitNy bLwW nW)￿lOr*ig 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 sand￿ary Tefijrbishment project. Athough a signlfKant amount has alr•ady b••ft ￿￿￿ted to thg ¥rKI rrThp IB p￿dged. th18 ￿ stlll tgnlncant flnpna8t th8 Th15 r18k 55 beku niwtgd by ¢J8vdo￿e￿1 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 t*om, und¥rtoktr& dlt9once of r¢kntial L%)ntr￿kn. UNION BAPTIST CHURCH TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 We M•k to Cont￿U8 to efflbed owvAkw in Ilo of lh• ¢*wJth ats w8 emwg• frcth hJckthJwn.' BlbllrAI- Vle VAI apwjinl 8 N*ni3ty Trninee 2021r22. t*tKS 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 Ind￿k￿U81 st￿lY thr￿te Ih end of lock(kn￿ tAIth vAlh and 8• • fdhjwship. MIMlon- We seek to ccffllnu8 to th& dos￿ tyjr felry￿ and MIS￿On ￿rtn9r8 u8lng lochnol¢yJy. We 908k trj strongtsn rrtAroath to thik1ron and Iwnllos by oxplrylng the appothtrnonl ofa thlldr8n's and famlllg8 workor. Wor*hlpful- We ¢onb"nu• to malntdn th• open (bjr to I￿8n *AYnNp by wtynollig onlh8 s•￿¢•8 C￿rth 1$ govtsmed by rts Fourbl•lb￿ Tru* Oood {28 Marth 18451 ar#J Con8trttrtlNb119 May 20091 Tru8tee8, are aFOntsd by f•8dukn olth• Chur¢h M•n*orn at a Spèdd Churth M8mbern ￿e￿ng. Tho Iru8ts08 a•N•d thwlrwj tho and ￿ l) ts dale ofglgnatrx• of tho IkwKAal A Wngfl•kl ADCroft R E W•sb)n R W MurKIy Y H Tcho￿￿1 S E Wgston K Bats8 R N Panli l D Manktelow Rav M K Hazgl T M Bumhglom CECroft J A Hamlton (AprK4rrt•d 19 Mvy 2tr20) (App¢lrknd 19 May 21Y20) 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￿)$0 ¥oUTrJ. Ebdors are aFW"nt•d by a rwdution oflhg Chwth mernbern at a Chjrch Membws, Ma81ing. VoUrrfJ Is by socrBt balbt and thoy must rec•lvo a vots ofat least 80% of ihose VLthg. Cknacons arn aP￿Sint•d by ale￿lon 8t 8 Church IAember8' M88tkvJ. VolNJ Is by sécrti ballot arxl Ih•y rn￿t recwg a vots ofat J8ast 50% of ItM)se vouryj. Charty TnJst8es loxcept for th0￿ tn mlnbtsrtal offlcel are apr*)Tntod ftr (Th term of thrw y•gr4 wlth lh& porbjnlty to b8 rK*mlnated ftrono furthar thr88 yèar tam) 0￿Y ththt mu* b? lol(Y*vJ by a vacant yewvhwn they Bhall not be elvJit48 for rewointmenL A Sperial ChL¥th M•n*or5' mlly r88thd th app)Intrnnt of any Chwrty Tru*ee {exc•pt fly th(fjo In oflk*l at ony b"mo. ' usudly glv•n t￿ Ull• R N P*nlrklg• Tru8ts0 Oalod.. 8 May 2021 UNION BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UNION 8APTIST CHURCH I r¥port to tru3tee8 ￿ my exanlrballon of th• flnwK481 cl Lknkn Boplist Churth Ith• cP￿r￿) for tha èndèd 31 Doc¢mber 2020. RHpon•lblth •nd l*•18 of Y•port As th• trust••$ 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 0xami￿t￿ of the Churth's Ilnondal stalements cathod out under $&t1￿ 145 of th• 2011 In c•rryky my eXamInalk￿ I folkJ*8d al th• apF4cablo DIr￿tIONS ￿￿On by Ch•rty Commkn¥th wder 145(5Xb) ofthe 2011 Art. Slrth the Chufth's 9ro88 IrK¥)mè 9x¢￿j¢d £250,[￿ svJr •xaminer nYJ8t b8 a m•mb•r of * body ￿stad kn 88Ctlon 145 of tho 2011 Ad. l Lyjnnm) ttwl l om qU￿d b) urtht8k8 tho axamhalljn bo¢au•e I momber of ACA, ¥hbich ￿ on8 of th0118tod bod￿. Your •tt•ntbon [• drwi fxl that Ihts (*wity ww>Ar•d flnr4Kao1 In 84Xtxd•rth * Acc￿Jntinp and ROF¥￿￿9 by Ctr*lts8 thdr accounts in ACCOTdanc8 wlth Ihe Flnandal R•portlng Standard 8ppllcablo In th8 UK and ol ITgknr¥J (FRS 1021 In wel8renc• to tho A¢t>)unts"ng and RwrtirvJ by Charftie8'. Stat•ment ol Recommend￿1 PraLYko kn6ued on 1 hpril 2005 r8fwr8d to in th• extsrrt re9￿0¢kI￿ but has n(w t48n *lthdrawn. l und•r8tand Ih8t thls ha• b*i don• In ¢￿#T ft* fln•nd•l Jtalemenl• to and falr th In acojrdance ￿th Gener8ty Acc•pl•J Pr4¢k• ¢ff¢¢tr￿ tr reP￿r￿j perfod8 bgglnnlng on or after 1 January 2015. I h8v• cc4npbts¢J my •x￿nItIOn. l o)nflm no mall•rn havo C•Jm• to nry att•nlon In th• oxaminafjon gmng m• cawi to that In any matfjrfal r¢spe(t. acLounUrvJ T•cord8 w•r• k•pt In r*ipx* of the Church as req￿r￿1 by 8octtrm 130 of the 2011 A¢t,' or th• fin•nryJl •Ith￿nts do Tr)1 compty with the aFfAkablo cth¢omiThJ the form and C￿￿tant of accwnts g•1 wt in Ihe Ch&rill8s IA(rrJJnts arKI Reports) R￿U￿10n8 2008 other than any r•qulrnrn8nt that tha accounts gh• a tru• lak ¥l•w whkh 1$ a matter ¢￿￿k1•r9d as port of an Ir*ja￿l￿nt 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￿ fl￿ncIal8t8Iernents Chrlstophor Nl$b6t IBAHMS) FCA *2etsAudlt Sorvh>s 718 Eghams Court Boston Drfvg Boumg End Bucalngh8meNre SL8 SYS 0810912021 ]Iii" UNION BAPTIST CHURCH BALANCE SHEET AS AT31 DECEMBER 2020 2019 Flx•d ••••ts T*￿Ible assets 13 1,783,600 1.7￿.fA)0 Dobtorn Ca8h at bank and in hwxl 14 21.Ck81 911041 827.957 &32,9)2 89).786 Cr•d*orn: amounts Nllr¥J du• t*lth on• ymr 15 145.322) (24.1591 Net ojrnnt 8S80ts 887.580 666,607 Tot•1 a•Mts IM• curr•nt Il*bll*l•• 2,871.180 2.416,607 Chwty fvnd• Propgty 8nd¢r*Tr￿fund# 1.783.8iXI 1,750,0 1.783.600 1,7SO.OCL) R08tr5cled lund$ Unrejthdod fvnd8 Do￿gn&t￿j 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 ac￿111•¥ 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• C￿h cath •¢yJtrMlertB at t••'nr*¥ of y• 827,957 387.527 Cwh and ¢Mh •qulv*nt• 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 'Aec￿jntl￿ RoFrtylng ty Chth.. Statarnant of Recljn￿nd￿d Pradce aFvllcaNe t+ tharibes preparing thwr accojnts in atttrdAnc* with the F￿ana￿l Reportir*J 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 8thtWn￿1s ha￿ dap￿ad from t￿ Chartl•8 {A¢c¢unts ar¥J Rewtsl R•Jul4tlon8 2008 on 10 tho 0xt￿t ffjqutrwj to wovhje a tNe and f* M8w. Thls depwbjrn h8• invofvgd fdlowing lh• Stslombnt of R•comm8thJ•d Prncucè fof ch*ii88 ￿PI￿ng FRS 102 rnth6r than th• vèrslon of th6 Statèmènt of Tho lknandol 9ts1¢m￿15 arn prep￿1 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. mL*Jfflgd to Indude th• uatton of freehold aNI to WK*A• invo8tmnt wopwtio8 certain nstrurn•nts at I￿r ¥•￿. Th• fjc¢ounlty pfA¢kn8 •dopt•d •rn Ml (wJt 1.2 Oolng con¢•rn At Iha Ilmo of appro￿n9 th• fin8no•l stateM￿ts. the truBt•es have a re￿)nab￿ oxpecknti¢>n that th• Church has *Joquat6 rn8ourc•8 to contYM* In tspwatlrywl gxl¥lence for ￿ lOr•88￿blO fubjro. Thu8 th• C￿￿ 19 ￿lI￿k has ￿3￿1+1 kn a *nbfi¢8nt drop part￿* In relallon to room hlrn •t Iho Hub". Wo have tthn e4r8fulty managlng tyjr and for￿1￿ng the Fthnllal of year flnan￿1 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 a￿1 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 car￿M 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 auodat*l tsk• St• for th8 yo8r. 1.3 CharStabkn fim Unrestrlcted luThls arn a¥4l*A• 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•cx*3niwl 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¢t￿n￿9 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 r￿0¥•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 im￿nd1 dJstrltrXrtt￿. th¢ ornounl IJ kr¥MI. and T￿￿p1 bs 8XF*thd. Mltro an￿nI is not knov+n, the logaw 18 treat a conting¢nl as￿( Gr￿ts 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￿. EX￿ndI￿Jr* l• r•(x)gr&e•J ￿ra Ih•r• Is a legal or constructive obl*8tth to maké WyM￿ts lo ts4rd li ￿ ryc*8L4• 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 $w)I duthvJ th8 year In Itw •1• s4¥w) and th• Ilabllty for payrnit reC￿JnIs6d whgn th• •mount• ￿ f•c*W. JI oth•r IB gorwdly rnc4nl••d It l• r4vJlor Irbyok￿. 1.6 Thrylbl• Ilx•d ••••l• Tanglble flx•d as2atg arn ¢oplt41i8sd rf tw ￿ be uBed for Morn th•n onè yw and c081 at knast £1.OCQ. They are InlU8lly rowin¢s&d al ¢08( ty for ¢JJnaknJ as8ot4 al a rna•wabl• osllmlto of Iholr Va￿ on Afonrd valuatlon crf m•in Churth of the Cfrwrth. HU8 •rd c•) p•rfom*d Duncan Balley Konnady LLP. 410¢41 fvm of Ch8rt8r&J BulAllng Aprll 2020. Th• vabJaOon w rel1￿•d In acDJunts yoar 31 Det￿r 2019. Dur*¥ th• y•ar •nd8d 31 De(￿ts￿ 2020 Iho tru8*•• updaw • ¥aluatth of Man80 w*h raf8rnn(* to th? N8lith¥Jo Prfco Index. Tho re8UtUThJ InLy0a￿ In valuo ha8 been refi•LtsJ the accounts lor tha yaw 8rn19d 31 Doc￿r 2020. 1.7 IM￿1r￿•￿t offlx•d ••••t• Al each re￿T￿ng end dafy. Iho cfM¢h rnWv*J th• ￿unI￿ of Ma laffjbl• to d•tsrrfth• whether thwe is any nth'cat*)n that those as86ts have #uffergd on knPa1n￿nl k)88. 11 any Buch Indlcgflon 0￿¥￿. the le￿￿￿bI& mnt of the 0888t Is estlmatwj In order to d•twnine the ext*￿t of the impalm￿nI loss {Wanyl. 1.8 C•¥h Ind ¢th •quI￿1•nts Cush ¥rwJ ￿$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 b0￿ry$ Ai liaixllles. 15- UNION BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMEp¥rs (coKnNUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 Ar￿u￿tIng pollGI•• IContknu•d) 1.9 Fknan¢l81 In•trwn•nl• Tho Churth eleLtsd to ap￿ the of Sec*Jn 11 'Ba81c Fhandal InthIr￿j￿, aThJ Sathn 12 '0￿ Finan0￿ Instruffl￿ts 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)frjr￿bI8 rwJhl io set off tho rnctynls￿l aft￿nts 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 molhc*J 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. F￿an(yel gwts dassffi4d as ￿thin (￿￿ ￿ arn n¢A 8mortl80d. Baslc fln￿￿tAl 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 dIStt￿nI•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 m*0 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•vI￿n &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 MonwiwJ in h a(YayJrts a yo￿• of £1,175,000 12019.. £1,175.ocKJI. t￿ad upM a I￿rn•1 undwlth kn WI 2020. A• al 31 Oec£m￿r 2020, tho Man80 wa8 rwts•J kn thg acL4)unts *llh a vduo of £833,600 12019.. £6rxi.0￿1. ba￿1 an knfcrnal UF*J*e ts) the ￿￿•rt*•n by thg tru•leeB wilh referonce lo tho tionwido Pk)us0 Pri(¥ lThJe 14 D•lknrn 2Q19 Amount• 14lllng T*lthln on• yw. Clh•r dgbtrn Prepaym8nt8 and I¢¢n￿d 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 defe￿￿1 lTh>Jnb3 17.009 28.313 14,704 24.159 21- 2%828= I In v> Ir S E I 8t= rO¢ry I Iii (q 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 JUstrn￿ts fv. (1.350) 11,8781 Movem￿tI In Cap￿.. D￿re*S￿(ln¢r•aS¢1 in d•btorB 41,748 21,163 {62,8091 24,159 282.534 258,552 21 An￿y•ll ol Gh•ng•• kn n•t fvnd• Tho Clweh had no debt durkng tr*0 ¢X PmityJ8 >*ar.