2021-12-31-accounts

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AfftrllST QllSTOL FONAN¢OAL STAT@M@NfS Ytxfft TO 3isr OECETrMOEQ 2021

FISHPONDS BAPTIST CHURCH

Report for 2021 ............................................................................................................................................ 3 Full Name, Address and Introduction of the Church .............................................................................. 3 Objects ................................................................................................................................................... 3 Aims ........................................................................................................................................................ 3 Public benefit .......................................................................................................................................... 3 Leadership .............................................................................................................................................. 4 Independent Examiner and Bankers ...................................................................................................... 4 Main Focus of Activities ......................................................................................................................... 5 Fellowship............................................................................................................................................... 6 Custodian Trustee .................................................................................................................................. 6 Concluding Remarks .............................................................................................................................. 6

Leadership and Officers ............................................................................................................................. 7

Income ......................................................................................................................................................... 8 Gift Aid .................................................................................................................................................... 8 Regular Giving ........................................................................................................................................ 8 Investment Income ................................................................................................................................. 8 Other Income .......................................................................................................................................... 8 Grant Making Policy ............................................................................................................................... 8 Accounts Overview ................................................................................................................................. 8 Reserves ................................................................................................................................................ 8 Statement of Trustees’ Responsibilities ................................................................................................. 9 Report of Independent Examiner .................................................................................................... …….10 Statement of Financial Activities (SOFA) ............................................................................................... 11 Balance Sheet ........................................................................................................................................... 12 Notes to the Financial Statements Note 1 - Basis of Accounts and Accounting Policies .................................................................. 13-14 Note 2 - Offerings ............................................................................................................................. 15 Note 3 – Gift Aid .............................................................................................................................. 15 Note 4 – Ministry ............................................................................................................................... 16 Note 5 – Governance Costs ............................................................................................................ 17 Note 6 – Trustees Remuneration and Expenses ............................................................................ 17 Note 7 – Mission/Good Causes ........................................................................................................ 17 Note 8 – Buildings, Maintenance and Equipment ............................................................................ 18 Note 9 – Wages and Salaries ...................................................................................................... 18-19 Note 10 - Fund Comparatives for the SoFA...................................................................................... 20 Note 11 – Fixed Assets....................................................................................................................... 21 Note 12 – Current Assets ................................................................................................................... 21 Note 13 – Amounts Falling Due Within One Year .............................................................................. 21 Note 14 – Amounts Falling Due After One Year ................................................................................ 21 Note 15 – Reconciliation of Movements in Funds ....................................................................... 22 - 24 Note 16 – Pension Scheme Liabilities ........................................................................................ 25 - 26

FISHPONDS BAPTIST CHURCH

REPORT FOR 2021

Full Name, Address and Introduction of the Church

Fishponds Baptist Church, Downend Road, Fishponds, Bristol BS16 5AS, is incorporated under a Charitable Deed of Trust. The Church is a registered charity (1131411) and is registered in England and Wales.

The Church Office Telephone Number is 0117 965 3421.

The Church, which is affiliated to the Baptist Union of Great Britain and Ireland and the West of England Baptist Association, aims to uphold the Declaration of Principle of the aforesaid Baptist Union, which is:

That our Lord and Saviour Jesus Christ, God manifest in the flesh is the sole and absolute authority in all matters pertaining to faith and practice, as revealed in the Holy Scriptures, and that each Church has liberty, under the guidance of the Holy Spirit, to interpret and administer His Laws.
That Christian Baptism is the immersion in water in the Name of the Father, the Son and the Holy Spirit, of those who have professed repentance towards God and faith in our Lord Jesus Christ who “died for our sins according to the Scriptures; was buried, and rose again on the third day.”
That it is the duty of every disciple to bear personal witness to the Gospel of Jesus Christ, and to take part in the evangelisation of the world.

Objects

The Charity is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine.

Aims

The main aim and objective of Fishponds Baptist Church (FBC) is Spiritual Evangelism. At the heart of the Church is its ministry to the membership, congregation, and the wider community at large in order that the messages contained in Scripture are shared and celebrated and the understanding and acceptance that Jesus Christ is the Lord and Saviour grows.

FBC is gifted in practical terms as the church has a range of resources and facilities that enable fellowship to be enjoyed, not just on Sunday but also on a continuous basis. The church is also organised into smaller networks for fellowship through fortnightly house group meetings and care / wellbeing through a care group structure which encourages a sense of personal belonging within what is quite a large congregation.

In order to maintain and develop its ministry, premises and facilities, FBC collects donations, predominantly from the congregation. These donations also provide the opportunity to contribute financially to a wide range of Faith based organisations both within the UK and overseas providing a variety of outreach and ministry programmes or practical projects.

Public Benefit

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

FBC is committed to be a place of worship of God for the people who live in Fishponds and neighbouring communities. All are warmly welcomed when they enter the church and the services are different (morning - more traditional; evening - more open and less structured) so that all should be able to worship God in a way that they are comfortable with.

FISHPONDS BAPTIST CHURCH

In addition, FBC is committed to serving the community in a number of ways, for example, the premises and facilities are used constantly by a wide variety of groups who hold regular meetings. These groups include fellowship groups (house groups, luncheon club, mums and toddler groups), the uniformed groups (Beavers, Cubs, Scouts, Rainbows, Brownies and Guides), as well as other gatherings enabling the Good News about Jesus to be shared more widely (Holiday Bible Club, Alpha courses, Baptismal Classes to name a few).

On Sunday mornings, FBC runs an event called "Kidz Alive", for children from the local community as well as those associated with the church. As well as hearing stories from the Bible, the children play games, and do craft activities.

Leadership

The Deacons, who are the Managing Trustees of the charity, administer the Church. Charity Law requires trustees to prepare annual accounts which consist of a Balance Sheet and Statement of Financial Activities, together with accompanying notes, and which give a true and fair view of the state of affairs of the charity at the end of the financial year and of its income and expenditure, in line with FRS102 SoRP.

Members are voted onto the Diaconate by the membership at the Church’s Annual General Meeting and generally serve for three years. Deacons fulfil their role on a voluntary basis and are assisted by many other volunteers helping within all areas of the Church. The Pastors (Ministers) who are “Holders of Office” and are paid employees of the church, also sit on the Diaconate. The present Deacons are listed in full on page 7.

Independent Examiner and Bankers

The appointed Independent Examiner of the Church is Joshua Kingston BSc ACA, Burton Sweet Limited, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR

The Church’s bankers are CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling and NatWest Bank Plc, 778 Fishponds Rd, Fishponds, Bristol.

FISHPONDS BAPTIST CHURCH

Main Focus of Activities

2021 has been a year of profound changes to the leadership of FBC. At the end of July, our minister, Rev. Dr. Richard Pollard left the church to start a new church planting initiative in the south Bristol area. In addition, Katie James, our minister-in-training left the church at the end of August to take up the position of Associate Minister in Willesborough Baptist Church, Ashford, Kent. This has meant that much of the Leadership’s time has been devoted to firstly organising how to enable the church to continue to support all of the current activities after the departure of Richard and Katie and secondly the process of searching for the next minister.

A dedicated team (known as the New Minister Team) has been set up for the search of the new minister which comprises the deacons and three church members. At the time of writing this report, the team will be conducting a preliminary interview with applicants for the new minister.

The leadership has been supported by our local Baptist Association, WebNet and in particular by Rev. Gary Woodhall who has provided guidance and support during the interregnum including attending the deacons and New Minister Team meetings and chairing the church meetings.

The Covid-19 pandemic is still having a major impact on the work of the church in 2021. However, we have been able to have the church open on Sundays and there is a gradual increase in the numbers of people attending services. The morning services are still being broadcast online for those who aren’t confident to attend in person. With the relaxing of the regulations, more areas of the church’s ministries have been restarted, for example, the Mums and Toddlers and the Dads and Toddlers sessions and some of the weekday youth meetings are now taking place.

Particular acknowledgement needs to be made to our fantastic Foodbank team who under the wise and energetic leadership of Ruth Stephen has been busier than could ever have been imagined and have had to adapt repeatedly to changing Covid-19 regulations.

As always, we are very appreciative of the efforts of the whole ministry team as they responded innovatively to the challenges of the pandemic, skilfully adapting the nature of their work with families, youth, our Hope into Action tenants and those in need of pastoral care across the church.

We are also hugely grateful to everyone - both volunteers and paid staff for their unstinting involvement which enables the work of FBC to be carried out in such a committed, positive and effective manner. We are also particularly mindful this year of all those who are still directly affected by the pandemic with the multi-faceted challenges that it has brought into all our lives. Our church community with its richness of life and Christ-centred hope has undoubtedly proved invaluable to many during this most challenging of times.

FISHPONDS BAPTIST CHURCH

Fellowship

No people attested to their faith during the year by going through the waters of baptism in obedience to scripture.

Our Fellowship now has a membership of 165. The changes to our membership were as follows:

New Members

Richard Stephens Natalie Smith Alastair Cruse

Resignations

Jon & Kristy Brown Abbie Robinson Sam Barnes Richard & Emma Boyes Judith Pettigrew

Transfer In

Neil Harrison from Downend Baptist

Transfer Out to Another Church

Rev Richard & Mrs Nikki Pollard Joel Pollard Katie James

Deceased

The following were called to be with the Lord:

Ioan Breddy Mark Smith Rita Roblin Grace Drew

Custodian Trustee

The Custodian Trustee for the Church is the West of England Baptist Association (Incorporated). The Association holds in trust the title deeds of the Church properties.

Concluding Remarks

We are grateful to all those who have contributed to the work at FBC throughout this past year. A church is dependent on the commitment of its membership and here at Fishponds we have many who work tirelessly and without recognition. To these we give our heartfelt thanks and pray that God will bless them in the days that lie ahead. Finally, we record on behalf of the fellowship our gratitude to Richard Pollard and the diaconate for their work in leading and guiding us under God’s headship.

FISHPONDS BAPTIST CHURCH

LEADERSHIP AND OFFICERS

Senior Minister:

Reverend Dr Richard T Pollard (appointed 1 August 2012 and left July 2021)

Minister in Training:

Miss Kathryn James (left August 2021)

Church Treasurer:

Mr Peter Keenan

Part-time Youth Worker and Children’s Worker:

Mr Aaron Beale (appointed November 2019)

Part-time Families Worker:

Mrs Radostina Vasileva (appointed March 2019)

Intern:

Miss Natalie Smith (from September 2020 and left August 2021)

Social Media :

Miss Natalie Smith (from September 2021)

Deaconate: For the purpose of this report, deacons are also trustees.

Senior Minister, Minister in Training and Treasurer, plus

Deacons:

Miss Emma Gundy Mr Gareth Jones Mr John Ray (from May 2021) Mr Vasil Vasilev

Finance Team:

Church Treasurer plus: Church Accountant: Mr Andrew Roper Finance Assistant: Mrs Diana Phillips Wages and Salaries Administration: Mr Peter Keenan Gift Aid: Mrs Claire Taylor Collection Counting Team Leader: Mrs Rachel Betts

Part-time Pastoral Care Worker:

Mr Elvyn Jones

Pastoral Care Team:

Mrs R Betts Mrs H Davies Mrs L Douglas Mr & Mrs P Evans

Administration Team:

Pulpit secretary: Vacant Registrar: Vacant Office Manager and Lettings Officer: Mrs Rachel Betts Administrative Co-ordinator: Vacant

Buildings Manager: Mr Stephen Douglas Chief Steward: Vacant

FISHPONDS BAPTIST CHURCH

INCOME

GIFT AID

The amount shown in the accounts for gift aid reclaimed in 2021 is £25,729 (2020 - £29,747).

By the end of the year, 53 active supporters had signed Gift Aid Declarations and had given during 2021.

REGULAR GIVING

Loose cash and cheques received on a weekly basis decreased by 12% compared with the previous year. There was an increase in Bank transfers of 6% year on year, and a reduction in weekly envelopes of 63%.

In all, the total cash donated by members and worshippers, excluding members gifts and sundry income, amounted to an average of £2,448 per week, a 0.5% decrease on the previous year.

INVESTMENT INCOME

The church follows a ‘low risk’ policy when investing its surplus cash which is normally placed on deposit (short notice or instant access) with the Bank. Whilst the interest yield is not substantial, the deacons consider that the overriding requirement is to protect the sum invested.

OTHER INCOME

During the year we benefited from gifts and donations from Church organisations for use of premises and general support.

EXPENDITURE

Giving to good causes and mission, including direct giving, decreased to £25,936 (2020 - £32,721).

GRANT MAKING POLICY

The amount of support given to missionaries is voted on by the Committee at the Annual General Meeting.

ACCOUNTS OVERVIEW

The Balance Sheet of the Church shows that Total Assets (which excludes any value for Land and Buildings relating to the Church premises) have increased by £34,792 in the last year. This is due to the overall net surplus on the general fund of £22,144 and £2,626 of restricted funds including a pension scheme gain in the period of £10,022.

RESERVES

As a result of careful planning and expense management, the Church generally operates a “balanced budget”. The holding, maintaining and building up of reserves (in the General Unrestricted Fund) is only considered useful in terms of providing flexibility for budgeting for major items of expenditure (for instance building repairs) and to act as a buffer at times of unexpected expenditure. The Church has a formal policy for the level at which it maintains its reserves, which is for the General Unrestricted Fund to be not less than £15,000 to cater for unforeseen events, such as the repair of damage to the church buildings. At the year end, the free reserves are £114,121, being general unrestricted funds of £124,858 less £10,737 represented by fixed assets, as funds held as fixed assets are not readily available. An upper limit for free reserves of £45,000 would be targeted. [3 x lower limit].

FISHPONDS BAPTIST CHURCH

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed/constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed by order of the Trustees

Peter Keenan - Deacon Gareth Jones – Deacon

Approved by the Trustees …………………………..………………….....2022.

FISHPONDS BAPTIST CHURCH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FISHPONDS BAPTIST CHURCH

I report to the trustees on my examination of the accounts of Fishponds Baptist Church (the Charity) for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Dated:

Joshua Kingston BCs ACA Burton Sweet Limited, Chartered Accountants, The Clock Tower, Farleigh Court, Flax Bourton, Bristol. BS48 1UR

FISHPONDS BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES - YEAR ENDED 31ST DECEMBER 2021

					TOTAL FUNDS
		Unrestricted	Restricted	Endowm't	2021 2020
		Fund (£)	Fund (£)	Fund (£)	(£) (£)
INCOME FROM
Donations and Legacies
Freewill Offerings	2	129,145	8,238	-	137,383 146,347
Members Gifts - legacy		24,150	-	-	24,150 14,272
Gift Aid claimed	3	24,713	1,016	-	25,729 29,797
		178,008	9,254	-	187,262 190,416
Income from Charitable Activities		3,444	33,374	-	36,818 50,392
Other Trading Activities
Rents and contributions to use of premises		33,880	-	-	33,880 24,674
Income from Investments		14	-	-	14 146
TOTAL INCOME AND ENDOWMENTS		215,346	42,628	-	257,974 265,628
EXPENDITURE
Charitable Activities:
Ministry		103,827	-	-	103,827 113,948
Gifts to Good Causes / Mission	7	25,936	-	-	25,936 32,721
Buildings Maintenance and Equipment	8	63,439	-	-	63,439 43,454
Hope 43 and Building Fund		-	40,002	-	40,002 41,477
TOTAL EXPENDITURE ON CHARITABLE ACTIVITIES		193,202	40,002	-	233,204 231,600
NET INCOME / (EXPENDITURE)		22,144	2,626	-	24,770 34,028
TRANSFERS BETWEEN FUNDS		6,870	(6,870)	-	- -
ACTUARIAL GAINS/(LOSES) ON DEFINED	15	10,022	-	-	10,022 32,355
BENEFIT PENSION SCHEME
NET MOVEMENT IN FUNDS		39,036	(4,244)	-	34,792 66,383
BALANCES BROUGHT FORWARD AT 1 JANUARY	15	85,822	182,876	268,950	537,648 471,265
BALANCES CARRIED FORWARD AT 31 DECEMBER	15	124,858	178,632	268,950	572,440 537,648

See note 10 for fund-accounting comparative figures.

The Charity has no recognised gains and losses than the results for the period as set out above.

All of the activities of the charity are classed as continuing.

The accounts and notes on pages 13 to 25 form the whole of the financial statements for the Year 2021.

FISHPONDS BAPTIST CHURCH

BALANCE SHEET AS AT 31ST DECEMBER 2021

Notes FIXED ASSETS Tangible fixed assets 11 CURRENT ASSETS Debtors 12 Cash at Bank and in hand 12 CREDITORS FALLING DUE WITHIN ONE YEAR 13 NET CURRENT ASSETS CREDITORS FALLING DUE AFTER MORE THAN ONE YEAR 14 TOTAL NET ASSETS/(LIABILITIES) FUNDS Unrestricted Funds General Funds 15 Pension Reserve Fund 15 Total Unrestricted Funds 15 Endowment Fund 15 Restricted Funds 15 TOTAL FUNDS	2021 (£) 279,687 6,507 333,102 339,609 (12,399) 327,210 (34,457) 572,440 168,556 (43,698) 124,858 268,950 178,632 572,440	2020 (£) 281,536 9,464 303,303
		312,767 (12,176)
		300,591 (44,479)
		537,648
		139,542 (53,720)
		85,822 268,950 182,876
		537,648

Approved by the Church meeting on…..................................., and signed on its behalf on…..................................... by

Peter Keenan

Church Treasurer

The accounts and notes on pages 13 to 26 form the whole of the financial statements for the Year 2021.

FISHPONDS BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

NOTE 1 - BASIS OF ACCOUNTS AND ACCOUNTING POLICIES

A. Basis of preparation and assessment of going concern

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The church constitutes a public benefit entity as defined by FRS102.

There are no material uncertainties about the charity’s ability to continue as a going concern, despite the significant uncertainty being caused by the worldwide COVID-19 crisis. Whilst the Trustees expect there may be a significant impact on the charity’s operations and reserves in the coming months and years, the charity has sufficient reserves to be able to meet these challenges.

B. Funds structure

The manses at 37 Crescent Road, Downend, and 77 Vassall Road, Fishponds are held as endowment funds. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. There are two restricted funds, the Worship Fund, which includes funds given in 2011 for worship activities, and the Building Fund. During the current year the Church began the process of evaluating the space it has and how it may be better used. Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

C. Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. During 2019 most income was either received weekly through cash and envelope giving or monthly through standing orders.

Gift aid receivable is included in income when there is a valid declaration from the donor, and any gift aid recovered on a donation is considered to be part of the gift and treated as an addition to the same fund as the original gift.

Offerings are recognised as and when received by and on behalf of the Church.

Planned giving through the Church Envelope Scheme is recognised when received.

Income tax recoverable on Gift Aid donations is calculated on a monthly basis and usually claimed at the end of each month. Tax refund claimed, covering November and December as at December is included in the accounts as a Debtor.

Legacies to the Church are accounted for only when it is probable that they will be received and the amount of the legacy can be measured with sufficient reliability.

Rental income from the letting of rooms and the Church flat is recognised when the income is received.

D. Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

FISHPONDS BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

NOTE 1 - BASIS OF ACCOUNTS AND ACCOUNTING POLICIES - Continued

All expenditure is accounted for on an accrual basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (F) below.

Donated services and facilities are included in the accounts when received at the value of the gift to the charity, except for the for the value of voluntary help. See the Trustees Report for details.

Expenditure falling directly within one cost category has been allocated to that category. Expenditure involving more than one category is apportioned on a reasonable and consistent basis unless it would be immaterial to do so.

E. Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

F. Allocation of support and governance costs

Support costs have been allocated between church activities in proportion to the expenditure incurred by each activity. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal fees and have been included in support costs. The allocation of support and governance costs is analysed in notes 4-9.

G. Land and Buildings

No value is placed on the Land and Buildings situated at Downend Road, Fishponds, Bristol. All expenditure on the Land and Buildings is deemed to be renovation and repair and does not represent any increase in value.

The Manses at 37 Crescent Road, Downend, Bristol, and 77 Vassall Road, Fishponds, Bristol, are included in these accounts at their respective purchase prices (i.e., £94,000 and £174,950). The accounts are not charged with depreciation in respect of the Manses, as it is felt that the amount that would be charged would be immaterial as an amount on its own and in the context of the balance sheet as a whole.

H. Fixtures and Fittings

Fixtures and Fittings in excess of £100 are carried in the accounts at cost, as stated, and are subject to the

following depreciation rates:	Technology/Electronic Equipment	20%/25% of cost each year
	General Fixtures and Fittings	10% of cost each year
	Sundry Specific Items	5% of cost each year

I. Impairment Review

If a fixed asset became impaired, it would be written down to its recoverable amount. The deacons consider that there has been no such impairment that requires writing down at 31st December 2020, nor was there any in the previous period.

J. Charitable activities

Costs of charitable activities includes ministry costs, gifts to good causes, governance costs and an apportionment of support costs as shown in notes 4- 7, 9.

K. Debtors

Debtors are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the church. Subsequently they are measured at the cash or other consideration expected to be received.

L. Creditors

The church has creditors which are measured at settlement amounts less any trade discounts.

FISHPONDS BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

NOTE 2 - OFFERINGS Weekly Envelopes Loose Cash and Cheques Grants Donations Bank Transfers TOTAL PRIOR YEAR Weekly Envelopes Loose Cash and Cheques Grants Donations Bank Transfers TOTAL NOTE 3 – GIFT AID Gift Aid claimed in the year Gift Aid claimed and due at 31 December 2021 TOTAL PRIOR YEAR Gift Aid claimed in the year Gift Aid claimed and due at 31 December 2020 TOTAL	Unrestricted Restricted Endowm' t TOTAL Fund (£) Funds (£) Fund (£) 2021 (£) 3,495 - - 3,495 6,757 - - 6,757 - 1,160 - 1,160 - 7,078 - 7,078 118,893 - - 118,893
	129,145 8,238 - 137,383
	Unrestricted Restricted Endowm' t TOTAL Fund (£) Funds (£) Fund (£) 2020 (£) 9,501 - - 9,501 7,676 - - 7,676 - 4,164 - 4,164 - 12,541 - 12,541 112,465 - - 112,465
	129,642 16,705 - 146,347
	Unrestricted Restricted Endowm' t TOTAL Fund (£) Funds (£) Fund (£) 2021 (£) 22,755 942 - 23,697 1,958 74 - 2,032
	24,713 1,016 - 25,729
	Unrestricted Restricted Endowm' t TOTAL Fund (£) Funds (£) Fund (£) 2020 (£) 23,698 3,547 - 27,245 2,178 374 - 2,552
	25,876 3,921 - 29,797

FISHPONDS BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021

NOTE 4 - MINISTRY Youth Pastors’ Stipends and Children's Workers Employers’ National Insurance Personal Expenses -Other Staff Church Rates Pulpit Supply Young Peoples Work Outreach Equipment Training Gift to Mission Sundry Expenditure Depreciation Administration - Salaries (inc pension contribution) Office Expenses and Consumables Professional Fees Bank Charges TOTAL	Unrestricte d Restricted Endowm't TOTAL TOTAL Fund (£) Funds (£) Fund (£) 2021 (£) 2020 (£) 25,965 - - 25,965 26,201 953 - - 953 971 5,450 - - 5,450 3,740 1,091 - - 1,091 1,400 1,095 - - 1,095 427 3,146 - - 3,146 3,849 3,845 - - 3,845 3,533 1,262 - - 1,262 1,838 1,259 - - 1,259 309 - - - - 204 1,828 - - 1,828 1,808 4,534 - - 4,534 4,461 11,353 - - 11,353 9,678 3,542 - - 3,542 3,029 2,160 - - 2,160 1,657 99 - - 99 60
	67,582 - - 67,582 63,165

NOTE 4 - MINISTRY
Youth Pastors’ Stipends and Children's Workers
Employers’ National Insurance
Personal Expenses -Other Staff
Church Rates
Pulpit Supply
Young Peoples Work
Outreach
Equipment
Training
Gift to Mission
Sundry Expenditure
Depreciation
Administration - Salaries (inc pension contribution)
Office Expenses and Consumables
Professional Fees
Bank Charges
TOTAL

Unrestricte
d
Restricted
Endowm't
TOTAL
TOTAL
Fund (£)
Funds (£)
Fund (£)
2021 (£)
2020 (£)
25,965
- -
25,965
26,201
953
- -
953
971
5,450
- -
5,450
3,740
1,091
- -
1,091
1,400
1,095
- -
1,095
427
3,146
- -
3,146
3,849
3,845
- -
3,845
3,533
1,262
- -
1,262
1,838
1,259
- -
1,259
309
-
- -
-
204
1,828
- -
1,828
1,808
4,534
- -
4,534
4,461
11,353
- -
11,353
9,678
3,542
- -
3,542
3,029
2,160
- -
2,160
1,657
99
- -
99
60

67,582
- -
67,582
63,165