DOWNTON BAPTIST CHURCH Knoii'in:, JLsus I hii4[ Ji)J IMakinL H Im kii()ii'ii REGISTERED CHAIUTY NUMBER 1131186 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2022 This rert should be read in conjunction with the charity's accounls for tIK year cnded 31" D¢¢¢mb¢r 2022. Delails of the 5tntU. governance and management of the cPority. and its administration details. aTe set oul under the heading'conslitution and Administralion", on page l of those accounts. Our Objectives: Sharing God's love in the local community through word and action. Being an inclusive. welcominby, worshipping community centred on the Holy Scripture. Our Mission Statement is "Knowing Jesus Christ and making Him knoMry)- and we seek to encourag¢ a faith journey for all W)e. young and old. regardles5 of PTeviou5 experience. Our work is COThordinated and monitored by the elecled Deacon& the Treasurer. and the two Mini5teTS of the church. These individuals also funciion as the Charity Truslees. Tr Trustees met on fift¢en 0¢510nS ( I I manag¢menl meetings. 3 Vision meetings and l Extraordillary meeting) in 2022 10 progress Ihc work of ihe church which grown as we implemeDt our 'New Bibbyer Vision.. There have also been four meetings for the membership ofthe church. including the AGM on the 20 Mar¢h and one Skxcial Membefs. Meeling in September to agree on nei¥ work contracts for our Mtnisters. Our Minisier Philip Rhoades took an overdue three month Sabbatical from April to July and our Minister Katy Ullyatt along wilh the Deacons stepped up to cover Phtlip's iVOTk during that time. On his retum Philip was invited lo become Lead Chaplain at Salisbury District Hospitsl (SDH) and after much discussion with Trustees and Members it ivas agreed that he would work part tim¢ for DBC and part time for SDH (3 dayslweek at each) from October 2022. This resuli¢d in Katy tsking on an extra day week (5 days) so ihat we could conlinue mh of the work covered by the two ministers. Voling for n¢w Deacons took place ai the January Members. meeting ivhen four members were nominated and elected followingp the retirement of five of our Deacons. We work c105ely with the minislers. th¢ church olTice. the worship group and ihe many volunteers who provide the church's aclivili¢s. W¢ a thankful for our fellow Christians in our surroundinB villages and contiaue to share ivith ihem. Our Activities: Some key areas from our 'bigger vision. are highlighted below. GaiheTing around The TABLE for worship. praycr. bibk study and fellowship: The LARDER ivhere w¢ supply free food. donated by t local community and l(Kal businesKs lo those in the local community who are in need and w¢ are also a distnbution centre for Salisbury Food Bank; The WARDROBE wlKT¢ w¢ share fre¢ clothing donated by the community. The GARDEN. a community garden H.here we share church outdoors. The KITCHEN where with other local churches we offer a warni plac¢ and a light m¢al and also lunch to older people attending our ThUrlaY services.
Young Peoples. Work We have been able to rebuild much of the children's wo. e$¢la11Y for creche and primary age children, during the Sunday Services this year following the difficulties during Ihe Covid Epid¢mic. We are fortunate lo have a team of lively, enthusiastic volunteers. Their activities include sinwng. bible teaching. drama. games. stories. Crafts and fund Taising. We lost most of our secondary age group during 'Lock Down. and are now looking for new leaders for this age group. Our airn is to ensur¢ that the childr¢n enjoy being of the church family. Little Club This W¢dnesday morning Toddler chUh is for pre-school children and their Carers. It engag¢s with young church members. families and families who were not previously involved in church activities. Therc are activities for the children and oprtUnItI¢5 for the adults to talk. share biblc stories. PTay and sin& Links This youth club activity group is held in the church for the local Community. for youth ag¢d between I l and 16 years. We were able lo nm l'S club until our Minister Philip went on Sabbatical in Akyil and are intending to restart it as soon a5 Suitable volunteers can k found. Holiday Club This annual summer children's Activity event held over 3 days at Ihe end of July. It altracted more than 120 children of PTimary School age and 25 secondary school. It offered bible-b&8ed teaching. imaginative craft activities and energetic games plus joyful singing. It is inspiring io see church members of all ages working iogether to wovide this ministy to the local community. Schools work Our ministers and sorne church members are involved in four local Schools leading worship. mentoring and acting &$ Govemors. We believe this brings real nefit to our communities. One of our pastors also leads the Ial primary school's Worship Council. FelloThYhip An away weekend in March was much enjoyed by a large number of our church families. Other Outreach Work We SUprt various charities. Some are ILKal. such as Salisbury Street Pastors, Salisbury Food Bank and Downton4Family while othcrs are abn)ad such as the Philippine Community Fund which supports families on the Tubbish dump siles in Manil& We suptK)rted all of these throughout the year. Our buildings are used on a ttgular basis by severdl outside organisations, such as Guides and Brownies, RNID and our Ukrainian Community and iheir hosts. Community Gn)upJ Six groups meet regularly during the week in the homes of individual members for Bible study, prayer and sharing. These groups also play a part in pastoral care, an IMrtant part of our work. The Care Homes
Several of our church members lead services in our local care IH)me5. Ukrainialls Some of our church MernIrS and attenders are working IN)st or supp)rt hosts and guests from Ukrainc. This has b¢¢n a rewatding service a1 ha5 meant a lot to OUT guests. Summary It is clear from the above overview that our mernbets are tIVe]y committed to furthering the objeclives and the vision of the church. The number of people attending the church services Cach we¢k and the official mernbetship has remained fairly stsble over the year. The Sunday morning servtce is full of people of all ages enjoying worship, leaching and fellowship and the Thursday morning service h&8 been mh enjoyed by our older age group. Our activities allow our minisl¢r& trust¢¢s. m¢rnbers and many volunteffl5 to reach outwards into the community of DowTrton and surrounding areas. The church website is www.downtonba tisl.or The Tne¢S pray¢rfully and optimistically look fonvaTd to 2023. The accounts further demonstrate our faith in xtion and the Tntstees believe that the net asset wsition shown on the balance sheet at 3151 Decemirr 2022 provides a sound base from which to continue meeting our objectives. The charity's >11¢Y on reserves is set out in note 2 to the accounts. As required by section 4 ofthe Charities Act 2011, the TnLStees have considered the guidance published by the Charity Commission in rwKci of public benefit. They believe that the charity's objectives fall within the definition of charitsble purp)ses in the Act and thai the wide rdnge of activities sel out above contributes to meeling those objectives. Joy Hughes Chair person of Downton Baptist Church Trustees This r¢FM)rt has been r¢vicw¢d and approved by the tn and is signed on their behalf by: Name R41LlP PHoAS)FS Name thTY ULLYATT Signa Signature 414113
DOWNTON BAPTIST CHURCH REGISTERED CHARITY NUMBER 1131186 ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 INDEX PAGE CONSTITUTION AND ADM INISTRATION STATEMENT OF FINANCIAL ACTIVITIES 2022 STATEMENT OF FINANCIAL AcfiviTIES 2021 BALANCE SHEET STATEMENT OF CASH FLOWS NOTES TO THE ACCOUNTS 6t015 TRUSTEES, APPROVAL 16 INDEPENDENT EXAMINER'S REPORT 17
DOWNTON BAPTIST CHURCH PAGE I CONSTITUTI(JN AND ADMINISTRATION Downton Baptlst Church is affiliated to the 8aptlst Unlon of Great Britain but operates in a¢¢ordan¢e vlth its own constitution. which may only be rhareed by a two thirds majority of the members In general meetlng. A church covenant was established in 1793 and re-affimied annually. A new and updated ehurth covenant was adopted In November 2) and this is Th)w Traff1rrd annually. The church r•gister•d as a tharlty {no. 11311861 from 18th Au8USt 29 and Is requlrnd to file its annual accounts and an annual trustees, reiyxt wlth the chartty Commission. The accounts have been prepared in accordance wlth the requirements ol The Charitles A 2011 and the Charitie5 SORP IFRS 1021. using the accounting pollcles set out In note l. Under the temis of the constitution the church has a 'shared leadershlp. that Is responsible for all aspects of the church's affairs. indudirrfd splritual matters, finance and administration. The shared leadershlp team compdses the ministers. ministry team, deacons and treasurer. who collectlvely are regarded undertrust arKI charity law as'tntstees,. As such, they are also responsible for reviewing and mitlgatire any risks to whlch the thureh may be exposed. The followlng were'¢harlty trustees, duri 2022: Ministers Rev P J Rhoades Rev K M Ullyatt Ministry team None Deacons Mrj Baker luntll 20.3.221 Dr M Brueton Ifrom 20.3.221 Mr5 S BU (from 20.3.22) Mr K Chlnn (until 20.3.221 Mr5 D Gocdman (until 14.7.221 Drj Hughes Mrs A Ivèns-smith Ifrom 20.3.221 Mrj King Dr G Lloyd-jones (until 20.3.22) Dr N Uoyd-jones (from 20.3.221 Mrs T Srrxth (until 20.3.221 Treasurer Mr l D Mltchell The thur¢h also has the follovlng 'holdlng tntstees, who are responsible for holdiTVa rts property. to be used by the ¢hur¢h as set out in a separnte trust established in 1813 (see also note 91: MrRDAvery Mrs D Cjennings MrA S Mitchell Mr l D mItclI Mr M H Smlth Holdlrvd trustees as suth have no responsiblllty forthe day to day njnnlng of the thurch although l D Mitchell bs also treasurer. as set out above. The church'5 main binker5 ire CAF Bank ofwest Mallin& KenL The churth also has funds on deposlt wlth Scottlsh Wldows. Reglstered at: South Lane Downton Sallsbury Wiltshire SP5 3NA
wMroN BAPTtsTCNURCH PA6E2 STATEMENfoF FINAFKWAcfMIUFOrtThETrEWI E14DED 31#DECEMBER2022 2W22 UNe51ktrd Ae5ErKled MinbJ5 P¥manent TOTAL 2021 TOTAL FUNt3s INCOMEMD ENDOWMENTS FROM: Dlrettgfvkng DeInathd 81 Tax r¢¢over•bkuNler8lft•kl Le8a¢y 71349 L2 1115S 418 105,222 11.359 ZLOJI ILL58 17.957 132 4.171 8.789 3.K15 9.210 13.2 L739 Otherpremlses Income Aw•y weekend lnterestwddl4llerS Oth•rlnMrn¢ 4.171 8.789 3?14 951 119.510 22.169 141.679 168.976 EYPENDVREQ.' Mlnl$terf costs Prthml 70.103 52,n4 10,614 7,482 15,874 4,240 Z3.4¢• 66.517 19.668 52.n4 L720 718 IW5 4.194 AKWJ iL4Ce othere%penses Admknlstr•don 49 13.660 4.461 18.f)9 onatb)rbS pay•b 21115 184,545 137.558 143.8741 1461 2A661 31.418 IL055IIGAIN ¢)N BALuAoN OF INVESTMENTS IA I.849) 15.861 TOTAL N¢DEFICrn/lOmE 114W91 157.7151 47282 RED10N IN AcfuARWi UABIUTr OPI DEFINED BEN£FrrpENSIONSCHEME 1s.on 15.078 531 .7961 1461 114.B491 142,6371 47.81J TOTAL FUND$ BAOIJGHTFOAWARD 199AI 127.694 327fft7 279 TOTALFUNDSCARRED FORWARD 17I02S L054 112.845 285XO 327,697
DOWNTON WTIST CHURCH PAGE 3 STATEMEiif OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31st DECEMBER 2021 2021 TOTAL FUNDS UnreAKted Re¥irkted fvnds funds Minibus Pern)anent fvnd endowment INCOME AND ENfy)WMENTS FROM: Dlrect 8lvlng Designated giving Tax retoverable undErgift a*4 105.222 105,222 11.359 21.081 IlJ59 l.S50 19531 Manse l•ttln8 Othèr promlws income Interesl and dIdendS Other incorne 13.2(M) 1.739 3.314 9.1 13.2(Kl 1.739 3,314 9.C61 156.067 168 976 EXPENtXTUAE ON: Minlsterlal Costs Premises Other •xp•ns•s Adrninistwatlon Depreciation Donatlons payable 66,517 19.668 4.643 13. 4AOI 15.7 66,517 19,668 4,643 13,660 4,461 31A78 31,418 GAIN ON REVALUATION OF INVESTMENTS 15.864 15.864 TOTAL INCOME 31.478 1601 15,864 47,282 REDUCTION IN ACTUARIAL LIABILITY ON DEFINED BENEFIT PENSION SCHEME 531 531 NF[ MOVEMENT IN FUNDS 31(M)9 1601 15,864 47,813 TOTAI FUNDS BROUGHT FORWARD 167A12 242 111,830 279.884 TOTAL FUNOS CARRIED FORWARD 199,821 182 127,694 327,697
DOWNTON BAPTIST CHURCH PAGE 5 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 3tst DECEMBER 2022 2022 2021 CASH FLOWS FROM OPERATING AcfMTIES Net cash Iconsumedllprovided by operating attivities (41,4611 35,871 CASH FLOWS FROM INVEsnNG AcnvmES Interest and dividends Purchase of tangible fixed assets Long terrn pension deficit contributions 3,605 12,157 12,192) 3,314 14,2291 13.6951 17441 {4.6101 CHANGE IN CASH AND CASH EQUIVALEpirs (42,2051 31,261 CASH AND CASH EQUIVALENTS at lstjanuary 2022 190,301 159,040 CASH AND CASH EQUIVALENTS at 315t December 2022 148.096 190.301 Cash and cash equivalents are'cash at bank and in hand, as shown in note 13. RECONCILIATION OF NEf INCOME TO NEf CASH FLOW FROM OPERATING AcnvmES Totsl net Ideficitl[Income per ststement of financial activities (page 2) (57,7151 47,282 Adjustments for: Depreciation charges Loss/lGain) on revaluatlon of investments Interest and dividends Decrease in debtors (Decreaselllncrease in creditors 4.240 14,849 13,6051 4,461 115.8641 13,3141 3,042 264 (694) 16.254 111,411) Net cash {consumed)/proNided by operating activitles {41,461) 35,871
DOWNTON BAPMST CHURCH PAGE 6 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 ACCCiINTING BASIS AND POLiaES The accounts are prepared in aecordance wtth the requirements of the Charitie$ Art 2011, the Charitles SORP IFRS 1021 issued in 2014 and updated in 2019. and Financial Reporti Slandard 102. The transltion date to the FRS 102 regime was 1st January 2014 and the requlred restatement as at that daté was madè as a prior period adjustment in the accounts forthe year erKled 31st December 2015. The accounts are generally prepared on the historKal cost basis but includlng the rthialuatlon of flxed asset investments and an approprlatr provlslon forthe long tem) Ilablllty for defined penslon $drne costs (based on artuarial valuationl. Thè accounts are prepared using the followirw principal aecounting policies: Tangible fixed assets: otherthan freehd property, of which details are given in note 9, tangible fixed assets are included at historic cost less prOvlon for deprttiation and Impairment. Depreciation is charged at the followng annual rates: - property improvements over 15 years stra¥ht line. tharged to gener41 fvnd - fixtures and equipment at 33 113% on reducing balance, charged togeneral fund - mlnlbus at 25% on red•¥ bJlan¢e. tharged tt> rninibus fund. Fued asset investments: are induded at marketvalue at the balae sheet date. Gain5 nd losses on disp¢)sal or revaluation are shown as part of net Income In the ststement of flnancial activities. Income and expenditure: is rec¢¥nd on the accruals basis as and when it becomes due or payable. Charitable donation5: it the church's policyto make charltsble donatlons each year that are approximately IO% of its unrestricted generdl fur income. Defined benefft pension costs: are reCc%nd on the basi5 of appropriate actuarial valuatlons (see also above and note 191. FIJNDSAND RESERVES The thurth ha$ a PERMANENT ENt)OWMENT that must be malntsined and can only be spent or altered with the express perrnissK of the Charity Commisslon. In additlon to the fixed asset investments shown in note 11. the pem)anent endowment includes the church's freehold property. detsils of which are gNen in note 9. There is a MINIBUS FUND reflerting rneY originally given for thè purchase of a mlnlbus. The fund balance represents the caffwng value of the current minibus and annual depreciation tharges on this are Charged to the furKI.
DOWNTON BAPTIST CHURCH PAGE7 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 (continued) FUNDS ANO RESERVES Icontinuedl Other RE5fRicfED INCOME FUNDS arise on the basis of income received each year but these are generally fully spent In the year of receipL leaving little or nothing to be carried forward. Movements on restricted income funds are shown in note 21 and details of designated giving are shown in note 8. The remainderof thechurch'sfundsare UNRE5TRicfEDand are shown as GENERAL FUND. It Is the trustees. poliry to keep at least 3 mnths, of anticipated general fund expenditure as a RESERVE on the general fvnd to enable the church to meet its obligatK)ns and liabilities, particukrty to the mlnisters and other staff. as they fall due. OTHER INCOME 2022 2021 One third share in the incorne of Anne Tyler. Rushall Charitsble Trurt Magazine advertising Stsff costs recovered Youth and children's work 2,600 3,226 2.820 564 9,210 3,600 1,309 4,152 *• 9.061 ** restricted income MINISTERIAL cosrs 2022 2021 Ministers, emoluments and national insurance Pension contributions Ministers, training and sabbatical Travel and mileage 62,748 5,819 1,395 241 70.203 60,444 5.860 213 66,517
DOWNTON BAPTIST CHURCH PAGE8 NOTES TO THE ACCOUNTS FOR THE YEAR ENDEO 3tst DECEMBER 2022 {continuedl PREMISES 2022 2021 Water and sewerage Light and heat Insurance Repairs and maintenance Caretsking and kitchen sundries Pension Contributions 322 3,633 4,174 35,330 ,912 353 S2.724 527 2,891 3,893 3.708 8.298 351 19,668 OTHER EXPENSES 2022 2021 Minibus running costs Social and meals Magazine printing Youth and children's wo Teaching materials Gift5 and sundries 473 1,901 3,506 1.306 515 768 1.920 1,128 124 188 4,643 112 7,482 indudes £2CKI in respect of restricted income includes £564 in respert of restrirted incorne ADMINISTRATION 2022 2021 Secretarial assistance and national insurance Pension contributions Printin& postsge and ststionery Telephone Computer costs 11,336 563 1,260 415 672 10,995 545 1.209 429 775 ri! Subscriptions and fees Copyright licences Doubtful debt provision Property management fees Independent examiner's fee Bank charges Payroll charges 564 1.028 15621 264 546 1,117 12.2931 75 86 173 15,874 60 104 173 13,660 & Includes £49 in respectof restricted income
DOWNTON BAFnST CHURCH PAGE 9 NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 (continued) DONATIONS PAYABLE 2022 General fund, Designated Totsl giving payable 2021 Total payable BU Home Mission 8MS Birthday BMS General The Bridge Project Bright Kids (Ukraine) Dorset Youth for Christ Downton 4Family Downton Primary {hardship fundl New Foundations {Church Ins ht OMF International Pastoral hardship Philippine Community Fund Philippine Community Fund (Baguiol Philippine Community Fund (Cuckoo Fair) Philippine Community Fund (Sunflowers) Salisbury Food Bank Salisbury Street Pastors Sanctuary Foundation (for Ukraine) Spurgeons The Stars Fund (Neonatsl unit) Wiltshire Wildlife Hospital 3.350 750 735 750 4.100 735 4,100 2,500 30D 500 5,025 763 5,025 1,875 3.350 12 798 250 150 1.200 67 10,901 1,450 1.2(K) 45 45 93 3.369 3.462 1,7tKI 760 760 1,431 1,431 1.21Y) 1.200 700 50 155 75 11,408 75 23.408 12.000 28.609 The designated giving figure of £11.408 (2021 £12.909) includes £25012021 £1,550) in respect of related gift aid tax recoverable.
DOWNTON BAPTIST CHURCH PAGE 10 NOTES TO THE Accoup¥fs FOR THE YEAR ENDED 31st DECEMBER 2022 (continued) PROPER The church holds property in South Lane, Do*mton to be used in accordance with the terms of trust deeds dated 25th September 1813 and 31st December 1858. The property comprises the current chapel (the original chapel having been demolished), manse and adjoining field. As noted on page l. the property Is held by flve'holdlng trustees, and the freehold title is registered in their names at the Land Registry. Income and expenditure In respert of the property is dealt with through the chuTch accounts and the property is considered to be part of the church's permanent endowment but it has never been shown as an a55et on the balance sheet. The trustees have no plans to ty and sell the property. which in any case could only be sold with the agreement of the Charity Commission and in compliance with their terms for rnaintstning the endowmenL The trustees do not have a current market value for the property and do not believe thatthe cost of obtaining one would be justified. The buildings are currently insured for £3,529,247 and the contents for £139.276 but these figures ignore the Value of the land. io TANGIBLE FIXED ASSETS GENERAL MINIBUS FUND FUND TOTAL Propertv Fre5 improvements & equipment Total Minibus COST At Istjanuary 2022 Additions Disposals 24,344 17,280 2,157 41,624 2,157 7,858 49,482 2,157 At 31st December 2022 24,344 19.437 43,781 7,858 51.639 DEPRECIATION At Istjanuary 2022 Charge for year On disposals 6,492 1,623 11,723 2,571 18,215 4,194 7,676 25,891 4,240 At 31st December 2022 8,115 14,294 22,409 7,722 30,131 NETBOOKVALUE At 3tst December 2022 16.229 5.143 21,372 136 21,508 At 3tst December 2021 17,852 5,557 23,409 182 23,591
DOWNTON BAPTIST CHURCH PAGE 11 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 Icontinuedl li FIXED Ass INVE5fMENTS MARKVALUE 2022 2021 At bwnning of year Revaluation in year At end ofyear 127,694 I149 112,845 111,830 15,864 127.694 The ale is a holding of 6,208.86 income units in COIF Charities Investment Fund. This investment fonns part of the pemianent end(wment of the charity. 12 DEBTORS 2022 2021 Tax recoverable under grft aid Accrued income Expense prepayments Other debtors 3.625 1.793 3,856 2,878 1,646 7.416 8,880 13 CASH AT BANKAND IN HAND 2022 2021 CAF Bank current account Scottish Wid<)w5 deposlt account Petty cash float 87,846 60.OCK) 250 148,096 130,051 60.000 250 190,301 14 CREDITORS FALUNG DUE wrrHIN ONE YEAR 2022 2021 Donations payable . restricted income - from church tithe Deposits and amounts received in advance Actrued expenses Taxats"on and xKial security Pension contribution5 other creditofs 1,211 2.090 705 577 192 4.775 2,776 1.116 1.337 240 5,469
DOWNTON BAPTIST CHURCH PAGE 12 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 Icontinuedl 15 STAFF COSTS AND NUMBERS 2022 2021 Remuneration Employer social security costs Employer pension contributions 79,551 1,697 6,735 87.983 76,520 1,939 6.756 85.215 Number Number Headcount during the year The employer pension contribuiions Sho al>ove relate to current stsff and exclude £2,192 {2021 £3.695) in respert of deficit contribution5 for previous ministers and movernents in the low terni pertsion deficit liability, details of which are given in note 19. 16 TRUEE REMUNERATION. EXPENSES AND DONATIONS Rev P J Rhoades and Rev K M Ullyatt are paid a stipend in their capacity a5 rnlnlsters and is shown as emoluments in note 4 and induded in the figures disclosed in note 15. Neither they nor any other trustee vrns paid any rernuneratN)n in either year in respect of their services a5 trustee5. Travel and mileage costs of £24112021 £213) were reimbursed to the rninisters In respect of their work In that (3paclty and ministers, training and sabbatical costs of £1,395 (2021 £Nil) were paid. No other expenses were paid to or for the ministers or any other trustee in eithew year apartfrom the reimbursement of out of pocket expenses incurred on behalf of the charity. The trustees together made free111 dortionS to the tharity during the year of £8,CKM)12021 £14,265). 17 RELATED PARTYTrANSAcfioNS The churth provides office ac0)modati and some adminatiVe services to Downton 4Farnily. a UK registered charlty set up In March 2017 that provides family and parenting support in the Ictal community. Two of the church's trustees are also trustees of Downton 4Famify and one former trustee works for the charity. The ami)unt receivable from Downton 4Family for the above services was £26012021 £261). In addition, a donation of £750 was made to Downton 4Family in 2021 from the ¢hurth's tlthe givlng.
DOWNTON BAPTIST CHURCH PAGE13 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 (continued) 18 CONTRIBUTION OF UNPAID VOLuTrifEERS In common with many charitles, and in particular otherthur¢hes, the¢huh benefits signtficantly from the unpaid work of volunteers. both member5 and non members, in the provision of its charitable activities and its administration. In accordance with the Charities SORP (FRS 102). no monetsry value is put on this contribLttion. 19 HISTORIC PENSION COSTS AND UABILMES For many years previous ministers were members of the Baptist MinisteTS' Pension Fund (part of the Baptist Pension Scheme) and the church paid contributions to thi5 fund on their behalf as employer. The fund was contributory. defined benefrt scheme but is also a multi-empbyer stheme and as such wa5 previously accounted for in these accounts as a defined Contribut1 scheme: contributions payable by the thurch each year were shown as part of expenditure but no information was required to be disc105ed about the overall position of the scheme or its assets and Ibabilitie5. The contibution r•ts to the above nd had increased in recent years and an actuarial valuation as at December 2010 revealed a signrfKant deficit of assets compared to Ilabilities. Accordingly the fund wds closed to future accrual of benefits on 31st Dember 2011. Under current pensions legislation the church had a ¢ontinuin8 liability to make'derlencY contributions. to the fund in order to reduce. and ultimately elirninate, the deficit (although it has not signed any formal a8reement to do so). Subsequent actuarial valuations as at 31st December 2013 and 31st December 2016 continued to show a growing deficit againsi vthich deficiency Contributions were likely to be payable for an extended peri<xl. Extensive discussion5 took pl¥ewithin the"8aptist famity" that led in 2018 to the agreement of a Yamily 501ution' under which the Baptist Union contributed £33 million to the fund and the fund members agreed to have future pension increases l)ased on movements in the CPI rather than the RPI. Following this, the next actuarial valuation. as at 31st December 2019, showed a much reduced deficit lof £18 million. down from £93 mlllion in 20161. After allowin8 for a temporary 50% reduction in deficiency contributions from July to December 2020, the period for which such contrlbutions are likely to be payable was shortened to run to June 2026.
DOWNTON BAPTIST CHURCH PAGE 14 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER 2022 Icontinuedl 19 HISTORIC PENSION cosrs AND UABILMES l¢ontinuedl Following a perN)d Of favoufable market conditions, the Pension Trustse was able In June 2022 to Sign a 'buy in. a8reement with Just Group, a specialsit insuran company. under which they took over responsibility for meeting the cost of members, pension benefits. Following this'buy in, the fund no longer has any deficit of assets compared to liabilities Iforthe first time in trwo decades). Nominal deficiency contributions will continue at £1 per Month until June 2026 but It is not anticipated that any further liabilty wll arise for employer churches. On that basis, all but £30 of the long terrn liability provision brOt forward from 2021 has been written back and credited in the ststement of financial activrties. The above fund is managed by the Baptist Pension Trust Limited as Pension Trustee but FS currently administered by Broadstone Consultants & Actuaries Ltd On their behalf. With effert from 1st January 2015, in a¢cordance with the requirements of the Charities SORP IFRS 1021 and Financial Reporting Standard 102, such funds are to be treated in the same way as other defined benefit pension schemes. When the scheme was in defi¢iL this required the inclusion as both an expense and IHbility of the present volue of the ¢hurth's share of the Iw tem) cost of diminating the defi¢it. The rureS were based on the detsiled assumptions made b¥ the actuaries in the December 2019 valuation, the defKiency contributions currently beiNd paid, and using a discount rate of 2.0% and assumed fure intteases to minimum pensionable Income of 4.1%, as folk. 2022 2021 Provision at beginning of year Deficiency contributions paid in year Movement in actuarial liability, in¢luding interest cost and other thanges 17,3C#) 12,192) 21.526 13.695) {15,078) 1531) Provision at end of year 17,300 The church has been advised that the cost of buying out its pension scheme liabilities underthe old defined benefit plan as at t)ecernber 2022 was approximately £l,00012021 approximately £36.IMII.
DOWNTON 8APTISTCHURCH PAGE IS NOTESTO THE AccouKfs FOR THE YEAR ENDED 31st DECEMBER 2022 {contlnuedl 20 CURRENT PEMSION COSTS AND ULrnES The two mlnirters and the otherlmo •mths ar• all memb•rs ofd•fiMd contribLrtion pension Fan$ to which the church makes¢ontributions based on pensitinable income. The amounts payable for these plans are shown in note 15. ThÈrt was an outstanding li•Wility of these pkn5 at 31st December2022 of £57712021 £Nil). 21 MOVEMENTS ON REsfRicfED IKQME FUNDS D•snat•d Youth & Ukrninlan Away Tho Lard•r Ir ctriklr•n's refu8e• w••k•nd food bank work support TOTAL Balances at 1st January 2021 Income IlrKluding 8ift aidl 12.909 Exp•nditur• {U9091 112.909) 8alarKes at 3tst December2021 Income (inckKli1 gift aid) IL4( L103 22.169 Exp•nditur• {IL4081 15641 IXQ) 18.894) 149) 121.1151 8alanc•s at 31st Decembe¥ 2022 1.054 1.054 An analysisof de5T6nBted 8r4K¥ 15 shDwn in not• 8.
DOWNTON BAPTIST CHURCH PAGE 16 TRUSTEE5' APPROVAL The accounts of Dowrthn Baptist Church for the year ended 31st December 2022 set out on pages I to 15 were discussed and approved by the trustees on i(k 2023 Sryned on behalf of the trustees: Name w b•Mkwr ffiIT&HCAf Name nature *nature Date Date 07.03. 28
DOWNTON BAPTIST CHURCH PAGE 17 INDEPENDENT EXAMINER'S REPORT I report on the accounts of Dovmton Baptlst thurth f¢rthe yearended 31st December 2022 set out on pages I to 15. RESPECTIVE RESPONSIBILITIES Cf TRusfEESAND EXAMINER The trustees are responsible for the preparation of th• accounts and they conslder that th• audit requirement of sertion 144 of the charit5 Act 2011 (the Act) does not apply. It is my responsibility, without performlng an audlL to carry out an examlnation of the accounts and to report to the trustees and church members. BASIS OF INDEPENDENT EXAMINER'S REPORT My report is in respect of an examinatk)n carried out under sectlon 145 of the Act and in accordance wlth the dlrections w¥en by the Charlty Commlssioners under Subsectlon 5lbl of that sedion. An examination includes a rewew of the accountlng records kept by the church taSurer and a compari50n of the a¢¢ount5 pre5eTrted with those records. It also Includes consideratlon of any unusual items or disclosures in the accounts and seeki explanations concemlng any such matters. The pr£edureS undertaken do not provide all the evidènce that would be required for an audit and consequently I do not express an audit opinion on the view8iven by the accounts. My report is limited to those matters set out below. INDEPENDENT EXAMINER'S STATEMENT No matter has come to my attention from myexamination which gbves me reasonable cause to believe that in any rnaterral respect accounti records have not been kept in accordance with sertion 130 of the Art. or that the attounts presented do not accord with those records or comply vrith the accounti requirements of the Art. No other matter has come to my attention in connection with my examiltn to which. in my opinion. attention should be drdwn In orderto enable a proper understsndlng of the accounts to be reached. SIGNED J Lawrence 30 Loniland Salisbury Wiltshire SP2 7ET DATE i * (312623
DOWNTON BAPTIST CHURCH
PAGE 17
INDEPENDENT EXAMINER'S REPORT
I report on the accounts of Downton Baptist Church for the year ended 31st December 2022 set out on pages 1 to 15.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees are responsible for the preparation of the accounts and they consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility, without performing an audit, to carry out an examination of the accounts and to report to the trustees and church members.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My report is in respect of an examination carried out under section 145 of the Act and in accordance with the directions given by the Charity Commissioners under subsection 5(b) of that section. An examination includes a review of the accounting records kept by the church treasurer and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required for an audit and consequently I do not express an audit opinion on the view given by the accounts. My report is limited to those matters set out below.
INDEPENDENT EXAMINER'S STATEMENT
No matter has come to my attention from my examination which gives me reasonable cause to believe that in any material respect accounting records have not been kept in accordance with section 130 of the Act, or that the accounts presented do not accord with those records or comply with the accounting requirements of the Act. No other matter has come to my attention in connection with my examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
SIGNED J Lawrence J Lawrence 30 Longland Salisbury Wiltshire SP2 7ET DATE 14/3/2023