2020-12-31-accounts - Whetstone Baptist Church

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		Page
Trustees'report
Independent Examiner's	report
Statement offinancial	activities
Balance sheet
Cash Flow Statement
Notes to the accounts		10

				Note	UNRESTRICTED	RESTRICTED	TOTAL	TOTAL
					FUNDS	FUNDS	2020	2019
Income from:					E	6
Donations and grants					181,090	343,228	524,318	467,880
Charitable activities
Incoming Resources from	Charitable				104,036		104,036	100,731
Activities
Activities to generate funds
Other activities for generating		funds
Investment income - bank	interest					1,510	1,510	4,138
Total income					285,126	344,738	629,864	572,749
Costs ofgenerating funds
Net incoming resources available for					285,126	344,738	629,864	572,749
charity purposes
Expenditure on
Charitable activities:
Grants payable						25,953	25,953	26,469
Cost ofactivities					277,548	34,231	311,779	309,218
Expenditure on charitable	activities				4,690	166	4,856	4,351
Total expenditure					282,238	60,350	342,588	340,038
Net income/(expenditure)					2,888	284&388	287,276	232,711
Transfers between funds					(12,944)	12,944
Net movement in funds					(10,056)	297,332	287,276	232,711
Reconciliation offunds
Total funds brought forward					631,694	2,942,507	3,574,201	3,341,490
71If 0«df	d	13110	3	2020	621638	3239.839	3.061,477	3,374201
The annexed notes form part		ofthese	financial	statements.

				BALANCE SHEET
				AS AT
				31 December 2020
				2020			2019
			Note
Fixed Assets
Tangible assets					3,682,069			3,546,958
					3,682,069			3,546,958
Current Assets
Debtors			8	275,914		210,593
Cash at bank and in	hand			781,669		786,590
				1,057,583		997,183
Creditors: amounts	falling
due within one year			9	179,213		153,185
					878,370			843,998
Total assets less current		ifabflitles			4,560,439			4,390,956
Creditors: amounts	falling
due after more than	one year		10		(698,962)			(816,755)
Het Assets/(Ifabflities)					3,861,477			3,374,30
Charity Funds
Restricted funds					3,239,839			23942,507
Unrestricted funds					621,638			631,694
Total charity funds					3,0,477			3,574,201

					2020	2019
			Note		E	E
Cash flow from operating		activities		13	293,332	(32,796)
Cash flow from investing		activities
Payments to acquire tangible fixed assets					(157,380)	(159,752)
Interest received					1,510	4,138
Net cash flow from investing activities					(155,870)	(155,614)
Cash flow from financing		activities
Increase/Repayment of long term loans					(117,793)	(50,750)
Interest paid					(24,590)	(32,543)
Net cash flow from financing activities					(142,383)	(83,293)
Net increase/(decrease)	in cash and cash equivalents				(4,921)	(271,703)
Cash and cash equivalents		at 1 January 2020			786,590	1,058,293
Cash and cash equivalents		at 31 December 2020			781,669	786,590
Cash and cash equivalents		consists of:
Cash at bank and in hand					781,669	786,590
Cash and cash equivalents		at 31 December 2020			781,669	786,590

Incoming Resources	Incoming Resources	Unrestricted	Restricted	Tots I	Unrestricted	Restricted	Total
		fund	fund	2020	fund	fund	2019
		E	E	E	E	E	E
General	and specific offerings	149,620	6,237	155,857	161,231	4,346	165,577
Rnildin8	Fund		268,533	268,533		262,124	262,124
Manse Building Fund			9,515	9,515		8,794	8,794
Gift Aid		27,895	58,943	86,838	16,625	14,760	31,385
HMRC CJRSGrant		3,575		3,575
		181,090	343,228	524,318	177,856	290,024	467,880

	E	E	E	E	E
Pre-school	104,036		104,036	100,731	100,731
	104,036		104,036	100,731	100,731

Charitable ex	penditure
		E	E				E	E
Gifts payable	in furtherance	ofthe charity's objects:
Specific gifts			25,953		25,953		26,469	26,469
			25,953		25,953		26,469	26,469
		Unrestricted	Restricted		Totai	Unrestricted	Restricted	Total
		fund	fund		2020	fund	fund	2019
		E	E		E	E	E	E
Expenditure	on charitable	activities:
Independent	examination	R
accountancy		2,880			2,880	2,880		2,880
Legaland professionalfees
Payroll admin	fee	1,800			1,800	1,368		1,368
Bank Charges		10		166	176	103		103
				166	4,856	4,351		4,351

			31	December 202	0
3.	Charltableexpendlture(condoned)		Unrestricted fund	Restricted fund	Total 2020	Unrestricted fund	Restricted fund	Total 2019
			E	E	E	E	8	E
	Cost ofacthntles in furtherance	ofthe charity's objectsi
	Ministry stipends and Expenses		90,871		90,871	91,052		91,052
	Office staff salaries and NaUonal	Insurance	27,147		27,147	22,228		22,228
	Pre-school Salaries and Nationai	Insurance	81,345		81,345	78,800		78,NO
	Pre-school Expenses Building Repain and Maintenance Cleaning		4,872 15,'l97 9,406		4,872 15,197 9,406	8,770 2,954 7,768		8,770 2,954 7,768
	Light and Heat Office Administmtion		5.699 1,736		5,699 1,736	6,649 1,501		6,649 1,501
	Catering		168		168	2,028		2,028
	Telephone Sunday Club Expenses Messy Church		3,588 323 51		3,588 323 51	5,403 183 197		5,403 183 197
	Counes and Conferences					530		530
	Churdi Council Tax &Water Rates		4,788		4,7N	4,945		4,945
	Insurance		3,829		3,829	3,716		3,716
	Affgiation Fees Printing		1,156 4,425		'l,156 4,425	2,046 3,308		2,046 3,308
	Youth Work		125		125
	Music and Worship		1,115		1,115	1.716		1,716
	Ministry &Publications Expenses Holiday Bible Club		575 26		575 26	715 682		715 682
	Hampers					5		5
	Alpha IT		1,804		1,804	1,749		1,749
	Small Group &Leaden Support		780		780	363		363
	Ante Expnises		2,371		2,371	576		576
	Depreciation In Touch		14,700	7,569	22,269	14,700 214	7,569	22,269 214
	Support for other causes C.O. Miiilstiy		95		95	35		35
	DBSChecks					N		88
	8BC					138		138
	Bugding Fund Loan interest Manse Loan Interest			24,590 2,072	24,590 2,072		32,543 2,577	32,543 2,577
	Training costs		125		125	355		355
	Community outreach		991		991	671		671
	Staff entertainment					243		243
	Mission					1,319		1,319
	Oad &babies					82
	Peak pilgrimage		277,548		311,779	800 266,529	42,689	NO 309.218

(Staffcosts a	nd numbers included in note 3 ft 5)
		2020	2019
		E	E
Salaries and wages		178,672	163,952
Social security		5,938	4,892
Pension costs		15,962	16,727
		200,572	185,571
		Number	Number
Management	and administration	17	17

						2020	2019
						E	K
M	C(ay - Pension					6,916	5,399
N	Swanson	- Stipend	and Employers	National	Insurance	31,715	31,178
N	Swenson	- Pension				5,062	5,865
Ministers'		Manse Leaseback				2,083	2,048
N	Swanson	Ministers'	Expenses			3,159	3,958
P	Robinson	- Stipend	and Employers	National	Insurance	38,199	31,091
P	Robinson	- Pension				3,190	4,644
P	Robinson	MInisters'	Ex enses p			47	208
Induction		R Moving costs					5,153
Children's		8 Families worker
Preaching		Fees and	Expenses			500	1,508
						90,871	91,052

Tangible fixed assets
	Freehold	Property	Furniture	Musical
	Land B	under	Fixtures &	Equip
	Property	construction	Fittings	Equipment	Total
	E	E	E	E	E
Cost
Brought Forward	742,302	2,929,825	35,000	13,165	3,720,292
Additions at Cost		157,380			157,380
At 31st December 2020	742,302	3,087,205	35,000	13,165	3,877,672
Depreciation
Brought Forward	125,169		35,000	13,165	173,334
Charge for the year	22,269				22,269
At 31st December 2020	147,438		35,000	13„165	195,603
Net book value
At 31stDecember 2020	594,864	3,087,205			3,682,069
At 31st December 2019	617,133	2,929,825			3,546,958

Debtors: amounts	falling due within	one year	2020	2019
			E
Gift aid receivable			112,768	160,687
Trade Debtors			157,093	44,508
Prepayments			6,053	5,398
			275,914	210,593
Creditors: amounts	falling due within	one year	2020	2019
			6	E
Trade Creditors			1,985	4,254
Accruals R deferred	income		26,575	25,509
Social security R other taxes			3,166	966
Pension				164
Building fund other	loan		129,905	104,952
Manse Loans			17,582	17,340
			179,213	153,185

Creditors: amounts	Creditors: amounts	Creditors: amounts	falling due after	more	than	one year			2020	2019
										E
Loan - building	8	Manse fund (see note 11)							698,962	816,755
Restricted funds
				Funds						Funds
			brought			Voluntary		Charitable		carried
			forward			income		expenditure	Transfers	forward
				2019						2020
				E						E
BMS World Mission
Home Mission
EMBA								8,500	8,500
Other charitable	donations							3,003	3,003
Parish Nursing
Holiday Bible Club
Alpha							50		50
Pearl Of Africa	Choir				20					20
Scripture Union
Growing leaders	-	joint church			261					261
Communion fund ft other gifts					707	5,908		4,911		1,704
Manse Building	Fund					9,515		2,072	7,443
Baptist Missionary		Society			325		280	9,539	8,934
Building Fund			2,940,450			328,985		32,325		3,237,110
			2,942,507			344,730		80.350	42,944	3,239,839

	Tangible Fixed	Net Current
	assets	Assets	Total
	E	E	E
Restricted	2,942,507	297,332	3,239,839
Unrestricted	631,694	(10,056)	621,638
	3,574,201	287,276	3,861,477

				2020	2019
				E	E
Net income for year				287,276	232,711
Interest receivable				(1,510)	(4,138)
Interest payable				24,590	32,543
Depreciation oftangible		fixed	assets	22,269	22,269
(Increase)/decrease	in	debtors		(65,321)	(80,913)
(Decrease) /increase	in	creditors		26,028	(235,268)
Net cash flow from	operating		activities	293,332	(32,796)