2021-12-31-accounts - Redhill Baptist Church

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	Page
Trustees' annual report
independent Examiner's Report
Statement offinancial activities
Balance Sheet
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement offinancial activities	21

Registered	charity	name	Redhill Baptist	Church	Church	Church
Charfty registration		number	1130958
Principal office			Hatchlands Road
			Redhill
			Surrey
			RH16AE
			G McBain —resigned 31/12/22
			E irving
			A Ritter —resigned			30/4/21
			SKamangirira	—resigned 22/1 1/21
			TGlaze - resigned			22/1 1/21
			C McNish
			SParkhe - resigned			6/12/21
			I Buck - appointed			22/7/21
			R Greenwood	—appointed			22r//21,	resigned	31/12/22
Charity secretary			A Ritter - resigned		30/4/21
			SKamangirira	—appointed			30/4/21,	resigned	22/1 1/21
Independent	examiner		AJBennewith	FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
			3Wey Court
			Mary Road
			GuiMford
			GU1 4QU

				2021		2020
			Unrestricted	Resbicted
		Note	funds	funds	Total funds	Total funds f
Income and endowments
Donations and legacies Charitable activities Coronavirus Job Retention		4 5	311,737 14,473	8,081	319,818 14,473	273,007 12,129
Scheme						1,125
Investment income		6	1			19
Total income			326g11	8,081	334292	286280
Expenditure
Expenditure on chantable	activities	7,8	263,796	1,372	265,168	275,534
Total expenrgture			263,796	1,372	265,168	275,534
Net income			62,415	6,709	69,124	10,746
Other recognised gains and losses
Actuarial gainsltiosses) on	degned	benefit
pension schemes		13				11,808
Net movement in funds			63,357	6,709	70,066
Reconcilhrdon offunds
Total funds brought forward			744,866	155,692	900,558	878,004
Total funds canted forward			808,223	162,401	970,624	900,558

Fixed assets	Note	2021 f	2020 f
Tangible fixed assets	14	801,966	761,975
Current assets
Debtors Cash at bank and in hand	15	148,972 59,190	154,449 24,523
		208,162	178,972
Creditors: amounts falling due within one year	16	20,804	16,780
Net current assets		187,358	162,192
Total assets less current liabilifies		989,324	924,167
provisions	13	18,700	23,609
Net assets		970,624	900,558
Funds ofthe charity
Resbicted income funds:
Revaluation reserve Other restricted income funds Unrestricted funds:		150,000 12,401	150,000 5,692
Other unrestricted income funds	17	808,223	744,866
Total unrestricted funds		808223	744,866
Total charity funds		970,624	900,558

Expenditur	e on charitable ac	tiviSm by activity typ	e
		Acivities
		Undertaken			Total funds	Total fund
		directly f	Support	costs	2021	2020
Charitable	activities	262,168			262,168	265,934
Governance	costs			3,000	3,000	9,600
		262,168		3,000	265,168	275,534

9.	Net income
	Net income is stated after charging:
		2021 f	2020 f
	Depreciation oftangible fixed assets	2,728	3252
	The amount recognised in income or expenditure as an expense
	in relation to defined contnbution plans	9,025	9,136
10.	Auditors mmuneration
		2021 f	2020
	Fees payable for the audit ofthe financial statements Independent Examiner's fee	3,000	7,200

The total staff costs an	d employee	benefits forthe reportin	g period are analysed as fol	lows:
			2021 f	2020 f
Wages and salaries Social security costs			127,260 5,736	115,267 5,790
Employer contributions	to pension	plans	9,025	9,136
Other employee benefits			12,600	12,600
			154,621	142,793

August 2022. However, the participating employers remain respo any additional funds that the DB Plan may require in the future. The key assumptions underlying the valuation were as follows:	August 2022. However, the participating employers remain respo any additional funds that the DB Plan may require in the future. The key assumptions underlying the valuation were as follows:	nsible
Type offinancial assumption RPI price inflation assumption		%pa 320
CPI price inflation	assumption	2.70
Minimum Pensionable Income increases (CPI plus 0.75%pa)		3.20
Assumed investment	returns
—Pre-retirem ent		2.95
-Post retirement		1.70
Deferred pension increases
-Pre April 2009		3.20
-Post April 2009		2.50
Pension increases		2.70

liabiTity. The movement in the provis	ion is se	t out in the table below.
Accounting data (year ending):		31December 2021	31December	2020
			5
Balance sheet liability at year start Minus deficiency contributions paid Interest cost (recognised in SoFA)		23,609 (4,053) 86		37,785 (2,987) 617
Remaining change to balance liability* (recognised in SoFA)	sheet	(942)		(11,808)
Balance sheet liability at year end		18,700		23,609

Analysis ofnet assets between funds
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
		f	6
Tangible fixed assets Net current assets Defined benefit pension	651,966 174,957 (18,700)	150,000 12,401	801,966 187,358 (18,700)
	808,223	162,401	970,624
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
		f.
Tangib(e fixed assets	611,975	150,000	761,975
Net current assets Defined benelit pension	156,500 (23,609)	5,692	162,192 (23,609)
	744,866