## |||Page|| |---|---|---|---| |Report ofthe Trustees||1 to|5| |Independent
Examiner's|Report||| |Statement ofFinancial Activities|||| |Balance Sheet|||| |Notes to the Financial Statements||9 to|19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||forthe|Year Ended 31Decemb|er 20|22| |---|---|---|---|---|---|---|---| |REFERENCE||AND ADMINISTRATIVE||DETAILS|||| |Registered|charity||name||Redhill Baptist Church||| |Charity registration|||number||1130968||| |Principal office|||||Hatchlands
Road||| ||||||Redhill||| ||||||Surrey||| ||||||RH1 6AE||| |The trustees|||||G McBain
—resigned|31/12/22|| ||||||E Irving
—resigned 17/09/23||| ||||||C McNish - resigned|30/06/23|| ||||||I Buck - resigned 31/08/23||| ||||||CTewkesbury - appointed||06/11/22| ||||||TStuart
—appointed|26/03/23|| ||||||R Davies
—appointed|06/11/22|| ||||||N Joubert - appointed|06/11/22, resigned 02/06/23|| |Independent||examiner|||A J Bennewith
FCA, FCPA,||FFA, FFTA, FIPA, DChA, FRSA| ||||||3Wey Court||| ||||||Mary Road||| ||||||Guildford||| ||||||GU1 4QU||| ## ## ## ||fort|he Year End|ed 31D cember|2022||| |---|---|---|---|---|---|---| ||||||31.12.22|31.12.21| ||||Unrestricted|Restricted|Tota
I|Total| ||||funds|funds|funds|funds| |||Notes|E|E|6|6| |INCOME AND ENDOWMENTS|FROM|||||| |Donations
and legacies|||261,455|6,737|268,192|319,818| |Charitable
activities||||||| |Charitable
Activities|||13,928||13,928|14,473| |Investment
income|||136||136|| |Total|||275,519|6,737|282,256|334,292| |EXPENDITURE ON||||||| |Charitable
activities||||||| |Charitable
Activities|||256,403|4,911|261,314|265,168| |NET INCOME|||19,116|1,826|20,942|69,124| |Transfers between funds||15|555|(555)||| |Other recognised
gains/(losses)||||||| |Actuarial
gains on defined benefit schemes|||16,646||16,646|942| |Net movement
in funds|||36,317|1,271|37,588|70,066| |RECONCIUATION
OF FUNDS||||||| |Total funds brought forward|||808,223|162,401|970,624|900,558| |TOTAL FUNDS CARRIED FORWARD|||844,540|163,672|1,008,212|970,624| ||Balance Sheet|Balance Sheet|||| |---|---|---|---|---|---| ||~32 0|0
022|||| |||||31.12.22|31.12.21| |||Unrestricted|Restricted|Total|Total| |||funds|funds|funds|funds| ||Notes|f|f|f|f| |FIXEDASSETS|||||| |Tangible assets|11|649,308|150,555|799,863|801,966| |CURRENT ASSETS|||||| |Debtors|12|141,172|250|141,422|148,972| |Cash at bank||89,604|12,867|102,471|59,190| |||230,776|13,117|243,893|208,162| |CREDITORS|||||| |Amounts
falling due within one year|13|(35,544)||(35,544)|(20,804)| |NET CURRENT ASSETS||195,232|13,117|208,349|187358| |TOTAL ASSETS LESSCURRENT UABIUTIES|||163,672|1,008,212|989,324| |PROV(SIONS FOR LIABILITIES|14||||(18,700)| |NET ASSETS||844,540|163,672|1,008,212|970,624| |FUNDS|||||| |Unrestricted
funds||||844,540|808,223| |Restricted funds||||163,672|162,401| |TOTALFUNDS||||1,008,212|970,624| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|TotalFunds| |---|---|---|---|---|---|---|---| ||||||Funds|Funds|2022| ||Donations||||6|6|E| ||Offerings||||261,455|6,737|268,192| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2021| ||Donations||||6|E|6| ||Offerings||||311,737|8,081|319,818| |4.|INVESTMENT INCOME||||||| |||||||31.12.22|31.12.21| |||||||E|E| ||Bank Interest Receivable|||||136|1| |5.|INCOME FROM CHARITABLE ACTIVITIES||||||| |||||||31.12.22|31.12.21| |||||||Charitable|Tote I| |||||||Activities|activities| |||||||f|E| ||Income from|non-investment|property|in|||| ||furtherance|ofthe charity's objects||||13,728|14,473| ||Other income|||||200|| |||||||13,928|14,473| ## ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |||||Funds|Funds|2022| |||||f|f|f| |Charitable|activities|||253,403|4,911|258,314| |Support costs||||3,000||3,000| |||||256,403|4,911|261,314| |||||Unrestricted|Restricted|TotalFunds| |||||Funds|Funds|2021| |||||f|f|f| |Cha rite b le|activities|||260,796|1,372|262,168| |Support costs||||3,000||3,000| |||||263,796|1,372|265,168| |Expenditure||on charitable|activities by activity type|||| ||||Activities|||| ||||undertaken||Total Funds|TotalFunds| ||||directly
f|Support costs
f|2022
f|2021
f| |Charitable|activities||258,314||258,314|262,168| |Governance|costs|||3,000|3,000|3,000| ||||257,035|3,000|260,035|265,168| ## |Gross Pay|2022|2021| |---|---|---| |E Irving
G McBain|f28,797
f35,996|f28,797
f35,756| |Pension|2022|2021| |E Irving
G McBain|f3,330
f4,414|f3,330
f4,414| |Housing Allowance|2022|2021| |E Irving|f12,600|f12,600| |Expenses|2022|2021| |E Irving
G McBain|f1,434
f286|f1,265
f1,461| ## ## ## ## ||||2022|2021| |---|---|---|---|---| ||||E|f| |Wages and salaries|||114,088|127,260| |Social security costs|||4,852|5,736| |Employer contributions|to pension|plans|8,483|9,025| |Other employee
benefits|||12,600|12,600| ||||140,023|154,621| ## ## |COMPARATIVES
FOR THE STA|TEMENT OF FINANCIAL A|CTIVITIES||| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||f|f|f| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies||311,737|8,081|319,818| |Charitable
activities||||| |Charitable
Activities||14,473||14,473| |Investment
income||||| |Total||326,211|8,081|334,292| |EXPENDITURE ON||||| |Charitable
activities||||| |Charitable
Activities||263,796|1,372|265,168| |NET INCOME||62,415|6,709|69,124| |Other recognised
gains/(losses)||||| |Actuarial
gains on defined benefit schemes||942||942| |Net movement
in funds||63,357|6,709|70,066| |RECONCIUATION
OF FUNDS||||| |Total funds brought forward||744,866|155,692|900,558| ## ## ## ## |||||Unrestricted|Restricted|Tote I| |---|---|---|---|---|---|---| |||||funds|funds|funds| |||||6|6|E| |TOTAL FUNDS CARRIED|FORWARD|||808,223|162,401|970,624| |NET INCOME||||||| |Net income isstated after charging:||||||| ||||||2022|2021| ||||||E|E| |Depreciation
oftangible|fixed assets||||4,013|2,728| |The amount
recognised|in income or expenditure||as an expense|||| |in relation to defined contribution||plans|||8,483|9,025| |Independent
Examiner's|fee||||4,200|3,000| |TANGIBLE FIXEDASSETS||||||| |||||Improvements||| ||||Freehold|to|Computer|| ||||property
f|property
E|equipment
E|Totals
f| |COST||||||| |At 1January 2022|||759,257|40,800|52,518|852,575| |Additions|||||1,909|1,909| |Disposals|||||(880)|(880)| |At 31December 2022|||759,257|40,800|53,547|853,604| |DEPRECIATION||||||| |At 1January 2022||||227|50,382|50,609| |Charge for year||||2,720|1,292|4,012| |Eliminated
on disposal|||||(880)|(880)| |At 31December 2022||||2,947|50,794|53,741| |NET BOOK VALUE||||||| |At 31December 2022|||759,257|37,853|2,753|799,863| |At 31December 2021|||759,257|40,573|2,136|801,966| ## ## ## ## ## ## ## ## |Type offinancial assumption|Type offinancial assumption||Yopa| |---|---|---|---| |RPI price inflation|assumption||3.20| |CPI price inflation|assumption||2.70| |Minimum
Pensionable
Income increases||(CPI plus 0.75SSpa)|3.20| |Assumed
investment
returns|||| |-Pre-retirement|||2.95| |-Post-retirement|||1.70| |Deferred
pension|increases||| |-Pre April 2009|||3.20| |-Post April 2009|||2.50| |Pension increases|||2.70| |Accounting
date (year ending):|31December 2022|31December 2021| |---|---|---| ||E|E| |Balance sheet liability at year start|18,700|23,609| |Minus deficiency contributions
paid|(2,404)|(4,053)| |Interest cost (recognised
in SoFA)|350|86| ## ## ## |been valued
using the follow|ing assumptions
set by reference|to the duration ofthe def|icit recovery payments:| |---|---|---|---| |Accounting
date|31December 2022|31December 2021|31December 2020| |Discount rate|5.7%|2.0%|0.4%| |Future increases to|||| |Minimum|3.3%|4 1%|3.0%| |Pensionable
Income|||| ## ## |MOVEME|NT
IN FU|NDS||||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.1.22|in funds|funds|31.12.22| ||||E|E|f|6| |Unrestricted
funds||||||| |General fund|||808,223|35,762|555|| |Restricted|funds|||||| |Property|Revaluation|Reserve|150,000|||150,000| |COVID-19|Fund||2,304|||2,304| |Bassra Bereavement||Fund|1,360|(1,258)||102| |Redhill Community||Food Club|3,046|2,254||5,300| |CMES|||5,691|(137)||5,554| |Computer|Equipment|||967|(555)|412| ||||162,401|1,826|(555)|163,672| |TOTAL FUNDS|||970,624|37,588||1,008,212| ## ## ||||Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---|---| ||||resources|expended|losses|in funds| ||||f||f|f| |Unrestricted
funds||||||| |General fund|||275,519|(256,403)|16,646|35,762| |Restricted funds||||||| |Bassra Bereavement|Fund||101|(1,359)||(1,258)| |Redhill Community|Food Club||3,723|(1,469)||2,254| |C MES|||1,663|(1,800)||(137)| |Computer
Equipment|||1,250|(283)||967| ||||6,737|(4,911)||1,826| |TOTAL FUNDS|||282,256|(261,314)|16,646|37,588| |Comparatives
for movement||in funds||||| ||||||Net|| ||||||movement|At| |||||At 1.1.21|in funds|31.12.21| |||||f|f|f| |Unrestricted
funds||||||| |General fund||||744,866|63,357|808,223| |Restricted funds||||||| |Property
Revaluation|Reserve|||150,000||150,000| |COVID-19 Fund||||2,274|30|2,304| |Bassra Bereavement|Fund||||1,360|1,360| |Redhill Community|Food Club||||3,046|3,046| |C MES||||3,418|2,273|5,691| |||||155,692|6,709|162,401| |TOTALFUNDS||||900,558|70,066|970,624| ## ## ## |||Incoming|Resources|Gains|and|Movement| |---|---|---|---|---|---|---| |||resources|expended|losses||in funds| |||f|f|f||f| |Unrestricted
funds||||||| |General fund||326,211|(263,796)||942|63,357| |Restricted funds||||||| |CQVID-19 Fund||30||||30| |Bassra Bereavement|Fund|2,000|(640)|||1,360| |Redhill Community|Food Club|3,778|(732)|||3,046| |CMES||2,273||||2,273| |||8,081|(1,372)|||6,709| |TOTAL FUNDS||334,292|(265,168)|942||70,066| ## ##