## ## ||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| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Reship|Total Funds| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|2020| ||||||F.|F|| ||Donations||||||| ||OfFerings||||267,757|5,250|273,007| |5.|Charitable acthrttles||||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds
f|2021
f|Funds|2020
f| ||Income from|non-investment|property||||| ||in furtherance|ofthe charity's|objects|14,473|14,473|12,129|12,129| |6.|Invesiment|income|||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2021
f|Funds
F|2020
f| ||Bank interest|receivable||1|1|19|19| |7.|Expenditure|on charitable|activities|by fund type|||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---|---| |||||Funds|2021
f|Funds
F|2020
f| |Bank interest||receivable||1|1|19|19| |Expenditure||on charitable|activities|by fund type|||| ||||||Unrestricted|Resbicted|Total Funds| ||||||Funds|Funds
f|2021
f| |Charitable|activities||||260,796|1,372|262,168| |Support costs|||||3,000||3,000| ||||||263,796|1,372|265,168| ||||||Unresbicted|Restricted|Total Funds| ||||||Funds
f|Funds|2020
F| |Charitable|activities||||262,911|3,023|265,934| |Support costs|||||9,600||9,600| ||||||272,511|3,023|275,534| ## |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| |Accounting
date|Accounting
date||31|December|2021|31|December|2020|31|December|2019| |---|---|---|---|---|---|---|---|---|---|---|---| |Discount|rate||||2.0%|||0.4%|||| |Future|increases|to|||4.1%||||||3.2%| |Minimum|Pensionable||||||||||| |Income|||||||||||| ## ## ## |Tangible fixed assets||||| |---|---|---|---|---| ||Freehokl|Property|Plant and|| ||property|Improve
6|machineryf|Total
6| |Cost orvaluation||||| |At 1 January 2021|759,257||51,025|810282| |Additions||40,800|1,919|42,719| |Disposals|||(426)|(426)| |At 31 December 2021|759357|40,800|52,518|852,575| |Depreciation||||| |At 1 January 2021|||48,307|48,307| |Charge forthe year||227|2,501|2,728| |Disposals|||(426)|(426)| |At31December 2021||227|50,382|50,609| |Net book value||||| |At 31December 2021|759757|40,573|2,136|801,966| |At31 December 2020|759457||2,718|761,975| ## |15.|F150,00
Debtom|0is|induded|in the above total off759257.||| |---|---|---|---|---|---|---| ||||||2021|2020| ||||||8|| ||Prepayments||and accrued income||2,987|1,593| ||Accrued|gift|aid||145,985|152,856| ||||||148,972|154,449| |16.|Cmlitors: amounts|||falling due within||| |one|year'|||||| ||||||2021|2020| ||Trade Creditors||||160|| ||Accruals|and|deferred income||15,821|10,706| ||Olher creditors||||4,823|6,074| ||||||20,804|16,780| ## ## ## ## ## ## ||||At|||||At| |---|---|---|---|---|---|---|---|---| |||1January|20|||||31| ||||21|Income|Expenditure|||December| ||||||6|||2021| |General funds||744,866||326211|(264,796)|||808,223| |||||326,211|(264,796)||942|808423| ||||At|||||At| |||1January|20|||Gains and 31||December| |||f|20|Income|Expenditure|losses||2020
f| |General funds||724,539||281,030|(272,511)|11,808||744,866| |||724,539||281,030|(272,511)|11,808||744,866| ||||At|||||At| |||1 January|20|||Gains and 31||December| |||f|21|income
6|Expenditure|Losses
f||2021| |Resbtcted|funds|5,692||8,081|(1,372)|||12,401| |Revaluation|reserve|150,000||||||150,000| |||155,692||8,081|(1,372)|||162,401| ||||At|||||At| |||1 January|20|||Gains|and 31|December| ||||20|Income
f|Expenditure
F|Losses
F||2020
f| |Restricted|funds|3,465||5,250|(3,023)|||5,692| |Revaluation|reserve|150,000||||||150,000| ||||||(3,023)|||155,692| ## ## ## ## ## |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||| ## ## ## ##