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2022-03-31-accounts

SORP reference
Summary
ofthe purposes		 of Para 1.17 Advancement ofthe Christian
faith		 according
the charity as set out in its to the principles ofthe Baptist denomination.
governing
document		 The church may also advance education and
carry out other charitable
purposes		 in the UK
and/or other parts ofthe world.
Summary
ofthe main
activities
in relation to those		 Para 1.17and
1.19		 Public worship
baptism;
Lord's		 including
preaching/teaching;
Supper; evangelism
and
purposes
for the public		 mission; discipleship;
education
&		 training;
benefit,
in particular,		 the pastoral care; social action; encouraging
activities, projects or
services identified
in		 the relationships
with and supporting
other Christians.		 Baptists and
accounts.
Statement
confirming		 Para 1.18
whether the trustees have
had regard to the guidance
issued by the Charity
Commission
on public
benefit

Achieve men ts and Per formance
SORP reference
The church's
kept theme for the previous year
'...stir into flame the gift ofGod within you...' 2
Timothy 1:6
Summary
of the main
achievements
of the charity,
identifying
the difference the
charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.		 Para 1.20 Evangelism
and mission:
Night shelter ministry
during the
winter months took a different shape
due to the impact ofthe pandemic.
The aim of providing
hospitality
remained
the same. However,
this year
it was achieved through
Project Hotel.
In this way this partnership
ministry
with local churches,
mosque
and
synagogues,
overseen
by Together
in
Barnet, was yet again successful.
Food,
a warm room and friendship
was
provided for guests.
As usual many
in
the church welcomed
and appreciated
the opportunity
to express Jesus' love
in a practical way.
Samaritan
Purse Operation
Childcare
shoe boxes filled with toys were sent to
needy children
worldwide.
Boxes were
prepared
and paid for online as this
facility was made possible due to
lockdowns.
Annual
Harvest/Big
Welcome.
This
service also included the collection of
non-perishable
food items for the
homeless (Together
in Barnet).
Ecumenicalministry:
EBBCand Brookside Methodist
Church
met in-person
for a Christmas
Eve
service
There was an annual
Remembrance
Sunday Service held around the Village
War Memorial.
Church life:
~ There was an annual
Gift Day in May
and the money raised was used
towards
repayment
ofoutstanding
loans with a small percentage
(20%)
used to fund a new initiative
which
encouraged
growth
in faith and vision.
have 'stuck' as the new-normal
that we were		 have 'stuck' as the new-normal
that we were
talking about.
Actually,
it is noteworthy
that
the level ofvolunteering
for the various
ministries
had dropped.
There was a sense of
folks just feeling physically
and emotionally
tired and weary, recoiling from the oppressive
nature ofthe lockdowns
and the many deaths
of loved ones being reported
nationally.
There
was an urgent need for a ministry of
encouragement.
Naturally
the hope was that
sooner rather than late, with prayer and other
ministry,
the number ofvolunteers
would
increase again and worshippers
will experience
a 'lightness
in their spirit'.
The start ofthe year saw our pastor Rupert
recovering
from a long period ofcovid illness.
During the period of his illness, the Leadership
Team brilliantly
took on his various
responsibilities
as well as the oversight of
church
life and ministry.
Talking about our
pastor, as Chairman
of FIN he was heavily
involved
in the consultation
process and
resulting
redundancies
as FIN sought to
restructure
itself that it might at least break-
even as a charity.
That was a particularly
difficult time for him.
The last year has been demanding
in many
ways.
Understandably
the atmosphere
of
church
life and worship
had changed
and with
low attendance
numbers
in-person,
it was
necessary to nurture
and encourage
a more
vibrant
and enthusiastic
community.
It was
quite an uphill struggle to encourage
worshippers
to move form online to physically
meeting
in the building for worship.
In the
midst of all ofthis, it was heart-warming
to see
God at work as his Spirit moved among
us
touching
our hearts and stirring
us up to go
deeper
in our love for God and each other,
irrespective
ofthe number
present.
And God
in his kindness
continued to bless the
community
by bringing
in new worshippers		 of
different
nationalities.
Additional information (optional)
You ma choose to include further statements where relevant about:

Financial
Review		 Financial
Review
Review of the charity's Para 1.21 Although
the charity did not engage		 in any
financial
position at		 the end fundraising activities, we received donations
of the period in the year April 2021-March 2022 resulted
in incoming
resources off140,318.
Total expended for the period were
2142,857.
The charity can report a deficit of E2,539.
Roughly
the		 same is expected for the
coming year dependent
on membership
giving
plus there		 are no major future plans
on new develo ments.
Statement
explaining		 the Para 1.22 The charity keeps an operational reserve as
policy for holding
reserves		 unrestricted funds set aside to cover at least
statin
wh
the
are		 held three months o erational cost f30,490. .
Amount
of reserves		 held Para 1.22 The amount 225,143.50 working balance in
the bank account is the reserve.
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 None
deficit
Explanation
of any		 Para 1.23 None
uncertainties
about		 the
charity continuing
as a going
concern
Additional
information		 (optional)
You ma
choose to include		 further statements where relevant about:
The charity's
principal
sources of funds
(including		 Para 1.47
any fundraising)
Investment
policy and
objectives including
any		 Para 1.46
social investment
policy
adopted
A description
ofthe		 principal Para 1.46
risks facing the charity
Other

Structure, Governa nce and Manag ement
Description
of charity's
trusts:
Type of governing
document		 Para 1.25 CONSTITUTION
'trust deed, royal charter)
How is the charity Para 1.25
constituted?
(e.g unincorporated
as"oclalioii, CIQ
Trustee selection methods Para 1.25 ELECTED BYMEMBERS
including
details of any
constitutional
provisions		 e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional
information		 (optional)
You ma
choose to include further statements		 where relevant about:
Policies and procedures
adopted
for the induction		 Para 1.51
and training
oftrustees
The charity's
organisational
structure
and any wider		 Para 1.51
network
with which the
charity works
RelatiOnShip
With any related		 Para 1.51
parties
Other

Charity name EAST BARNET BAPTIST CHURCH
Other name the charit uses
Re istered charit number 1130758
Charity's principal address CRESCENT ROAD
EAST BARNET, HERTFORDSHIRE
Postcode EN4 SPS
Trustee name Office (ifany) Dates acted ifnot for whole
year		 Name ofperson (or body)
entitled to appoint trustee (if
an
Revd Rupert Lazar Pastor
Mr Yoktan Sugiarto Re-appointed Sabbatical from 24'" April
2016to 30'" April 2017and
Finished 31"August 2021
Ms Evelyn Cornell Re-appointed Started 1st September
2016and Finished 31"
August 2021
Mr Colin Small Re-appointed Started 16'"July 2019and
Finished 31"August 2022
Jean Jean-Marie Started 1"February 2019
and Finished 28'" February
2022
6 Maggie Patricia Allen Started 25th April 2021
7 Teclaire Atanga Started 25th April 2021
8 Isaac Mani Started 25th April 2021
g Elom Benneh Started 25th April 2021
Victoria Small Started 11th September
10 2022
11
12
Cor orate trustees —names ofthe directors at the date the re ort was a Cor orate trustees —names ofthe directors at the date the re ort was a roved
Director name
Revd Ru ert Lazar Pastor
Maggie Patricia Allen Trustee
Teclaire Atanga Trustee
Isaac Mani Trustee
Elom Benneh Trustee
Victoria Small Trustee

unds held as cust odi
Description
of the assets
held
in this capacity
Name and objects ofthe
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for
safe custody and
segregation
of such assets
from the charity's
own
assets

Names an d addresses
ofadvisers		 (Optional
information)
Type of Name Address
adviser
Property Aleco Estate Agents 256 E Barnet Rd, London, Barnet EN4 8TD
Manageme
nt Advise
Name of chief executive or names ofsenior staff members (Optional information)

Unrestricted Restricted
Notes Funds Funds Total
Income
Donations
and legacies		 86,243 20 86,263
Investment
income		 54,075 54,075
Total income 140,318 140,338
Expenditure
Charitable
activities		 142,707 142,707
Governance
costs		 150 150
Total expenditure 142,857 142,857
Net income (expenditure) (2,539) (2,519)
Transfers between Funds
Reconciliation
of Funds
Total Funds brought forward at 1 Aprg 2022 2,036,390 920 2,037,311
Total Funds carried forward at 31 MARCH 2022 22,033,851 2940 22,034,792
STATEMEMT OF FINANCIAL POSITION AS AT 31 MARCH 2022
Notes 31 INarch 2022 31INsrch 2021
Fixed Assets
Tangible
Fixed Assets		 2,008,709 2,009,161
Current Assets
Debtors and prepayments 4,401 7,493
Cash at bank and in hand 57,184 72,763
61,585 60,256
Current Liabilities
Creditors
and accruals		 falling due within one year 10 (2,948) (2,346)
Net Current Assets 58,637 77,910
Total Assets less Current Llabigtles 2,067,346 2,067,091
Creditors falling due after more than one year 11&12 (32,554) (49,780)
Total Net Assets 22,034,792 22,037,311
Charity Funds
Unrestricted
Funds		 - see Statement of Financial Activities above 2,033,852 2,036,391
Restricted
Funds		 13 940 920
Total Charity Funds 22,034,792 22 037311
The Notes on pages 7 to 12 form an integral part ofthese accounts.
These accounts were approved by the Managing Trustees on
and are signed on their behalf by
Revd Rupert Lazar Elom Benneh
Chairman of the Leadership Team Member of the Leadership Team

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2022
1 ACCOUNTING
POLICIES
a Basis of preparation
The Financial Statements
accounts		 have been prepared
in accordance
with the Charities
Act 2011		 and the Charities Statement of Recommended
Practice (FRS102)
East Barnet Baptist Church
is a registered
charity (No: 1130758)and meets the definition
ofa public		 benefit entity under FRS102.
Assets and liabilities are initially recognised
at historical cost or transaction
value unless otherwise		 stated
in the relevant
accounting
policy notes.
Income recognition
All incoming
resources are included		 in the Statement
of Financial
Activities when the		 charity is legally entitled to the income after
any performance
conditions
have been met, the amlount
can be measured
reliably and it is probable		 that the income will be received.
c Donations
Donations are accounted
for gross		 when received.
No fixed asset gifts in kind were		 received
in the		 year or the previous year.
Legacies
Legacies are accounted
for on the		 earlier of notification
of an impending
distribution		 and legacy being received, provided that the
legacy can be properly
quantified.
e Investment
income
Investment
income is included
in the accounts
in the year in which
it is receivable.
Expenditure
recognition
All expenditure
is accounted
for on		 an accruals basis.
Expenditure
is recognized
where there is a legal or constructive		 obligation to
make payments
to third parties,
it is probable
that settlement
will be frequired
and the amount
of the		 obligation
can be measured
reliably.
Fund-raising
and publicity costs
The Church does not make formal appeals for funds and expenditure
on these items		 is therefore not material.
Grants payable
The Church makes grants to individuals
and other organisations
whose charitable objects compliment		 its work.
They		 are accounted
for in the year in which they are paid or when the recipient has been notified ofthe grant and payment is unconditional.
i Supporlcosts
Support costs are those that assist the work of the Church
but do not directly represent
charitable		 activities and include office
costs and governance
cost. Much		 of the management
is carried out without charge		 by volunteers. This intangible
cost		 is not
included
in the Statement
of Financial Activities since there is no measurable
cost to		 the volunteers or their services.
Fixed assets
The Church
land and premises
and		 the Manse are held on behalf of the Church
by the London Baptist Property Board Limited as
Custodian
Trustees.
In accordance
with the latest accounting
regulations
the Church has been revalued
at 8 1,400,000.
5 Hill Court is lease hold termiinating 28 Septemger 2154a purpsose
built
maisonette
in the mid		 1960is let to one tenant
231 Crescent Road is a self contained
flat within the main church
building
complex let as HinMO
The Manse, purchased
in 1998,is		 included
at original cost as, in the opinion of the Managing
Trustees, the property has		 a high
residual value which renders depreciation
charges immaterial.
Depreciation
Provision
is made for depreciation		 of computer
and other equipment,
fixtures and fittings
held for		 use by the Church at annual rates
cabulated
to spread the cost (less		 anticipated
residual value) ofdeach asset on a straight
line basis		 over the expected useful life
of5years.
However,
equipment
purchases
costing less than 21,000are wtritten-off		 in the year in which the expenditure is incurred.
Once such assets are fully depreciated,
the cost and accumulated
depreciation
are eliminated
from		 the Financial Statements.
Funds
The General Fund (unrestricted)
is		 available
for use at the discretion
of the Managing		 Trustees
in		 furtherance
of the general
objectives ofthe charity and which have not been designated
for other purposes.
Restrcted
Funds are funds which are to be used in accordance
with specific restrictions
imposed		 by donors or which have been
raised by the Church for particular purposes.
Any costs of raising and administering		 such funds are charged against the specific
fund.
The aim and use of each restricted
fund is set out in the Notes to the Financial		 Statements.
The Deacons made the decision
in		 August 2018,that the all ofthe designated
funds		 ( Building
Fund		 &Mission
Fund ) should be
transferrred
to the General
Fund to		 simplify presentation.

31/03/2022 31/03/2021
Defined Contribution
Plan:
Current Period Contributions 4,910 5,409
Multi Employer Defined BeneBPlan:
Deficiency Contribution in respect ofprior service penod 3,252 2,218
88,162 27,627
Note: The debt quoted for the BPSEmployers Deficiency has not been calculated in accondance with the regulations laid down in FRS
102butis the figure quoted by the BPSin their note to the church dated 2t March 2022
13 RESTRICTED FUNDS
01/04/2021 Income Expended Transfers 31/03/2022
Benovelent
Fund
Building
Fund
Minsupport
Joy
Mission Fund
Restricted
Gift Fund
Small Lift Fund
Youth Worker Fund 920 20 940
20 2940
14 STAFFCOSTS Year to Year to
31/03/2022 31/03/2021
Minister's
stipend,
staff salaries and		 pension costs 61,030 67,550
Employers'
National
Insurance		 (Nett), allowing for Employment Allowance of 2 5,000 200
Minister's
expenses and book		 allowance 2,683 1,921
Visiting Preachers 80
663,713 269,751

BMS
Home Mission
Kaihalia Cafe Church
Missions
Fund
Other - Missions
Spurgeon's
College
Tear Fund
Wycliffe Bible Translations

Church Properties
The Church Premises & Contents
Investment Property - 231 Crescent Road
The Church Manse
Investment Property - 5 Hill Court
Policy renewal date 23June 2020
Unrestricted Unrrestrl cted
Funds Funds
Yearto Year to
31l03l2022 31/03/2021
5,804 3,228
8,125 4,519
1,741 968
1,741 968
1,741 968
1,741 968
620,893 211,619
Valuation Insured for
6 6
1,400,000 3,664,711
200,000 383,452
250,000 331,932
158,237 159,161
62,008,237 64,539,256