## **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
**HOOLE BAPTIST CHURCH**
**CHARITY REGISTRATION No: 1131495**
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
## **HOOLE BAPTIST CHURCH**
## **CONTENTS**
|Page 3|Legal and Administrative Information|
|---|---|
|Page 4|Independent Examiner's Report to the Trustees|
|Pages 5 to 6|Trustees' Report|
|Page 7|Statement of Financial Activities|
|Page 8|Balance Sheet|
|Pages 9 to 20|Notes to the Financial Statements|
2
## **HOOLE BAPTIST CHURCH**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1131495 **START OF FINANCIAL YEAR** 1st April 2020 **END OF FINANCIAL YEAR** 31st March 2021 **TRUSTEES AT 31ST MARCH 2021** Rev. A. Glover (Church/Team Leader) Mr. E Green (Associate Leader) Mr. S Knott (Church Treasurer) Mrs R. Ludgate (Church Secretary/Administrator) Mr A. Elphinston Mrs S. Glover
**TRUSTEES APPOINTED AFTER THE** Ms. J. Hewlett (appointed 28th June 2021) **BALANCE SHEET DATE** Ms. W. Briscoe (appointed 28th June 2021) Ms. P. Miller (appointed 28th June 2021) **LEGAL STATUS** Unincorporated Charity **GOVERNING INSTRUMENT** Constitution adopted 20 May 2009
## **OBJECTS**
The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
## **REGISTERED ADDRESS**
Hoole Baptist Church Westminster Road Hoole Chester CH2 3AU
**PRINCIPAL BANKERS** Barclays Bank Plc 1 Church Place London E14 5HP
## **INDEPENDENT EXAMINER**
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
3
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Hoole Baptist Church on the accounts for the year ended 31st March 2021 set out on pages 7 to 20.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
## It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Independent Examiners Ltd J Irvinesmith FCIE Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
Date: 18th January 2022
4
## **HOOLE BAPTIST CHURCH**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
Church/Team Leader: Rev. A. Glover Trustees: Mr. A. Elphinston Rev. A. Glover Mrs. S. Glover Mr. E. Green (Associate Leader) Mr. S. Knott (Church Treasurer) Ms. J. Hewlett (appointed 28th June 2021) Ms. W. Briscoe (appointed 28th June 2021) Ms. P. Miller (appointed 28th June 2021) Mrs. R. Ludgate (Church Secretary/Administrator, appointed as Trustee 28th June 2021)
With the onset of the pandemic and imposed restrictions from the start of the reporting year the Trustees, as the Leadership Team of the Church, continued to meet monthly by online means over the past twelve months.
With no in-person gatherings permissible, the membership numbers remained the same i.e. a total of 125 members.
Church Members’ Meetings were suspended along with all other physical meetings. Taking into account Government guidance and advice from Baptists Together, the Trustees carefully considered how the Church could continue to function in a new way across the board, not only for worship on Sundays and for mid-week gatherings, but also for conducting business. From June, and on the same dates as the planned Church Members’ Meetings, online Church Family Gatherings were held instead where Members and other regular attenders were kept informed and their comments invited on the life of the Church. In this way discussion and informal approval of ongoing decisions being taken by the Trustees were canvassed. Written communications were also encouraged. A record of decisions taken was kept for later ratification.
The 12 months from April 20 to March 21 were undoubtedly the most challenging of times due to the global COVID 19 pandemic. In these 3 months we have 3 “Lock Downs” with no “in person” gatherings or activities allowed for large majorities of these times. We manged to move “online” quickly and effectively with our Sunday Moring Gatherings being “livestreamed” first from homes of the 2 ministers for 5 months and then from September from our building the Hoole Lighthouse Centre. With this we had a mix of pre-recorded content and worship that was used primarily on the 4th Sunday of the month. Supplementing these Sunday online experiences that were broadcast to our HBC YouTube channel and our Facebook page., we also used Zoom meetings and Whats App groups to keep people connected and to run a wide range of groups and activities including youth and children’s groups.
Our 7 Missional Communities were very well positioned to help in this process of connecting and caring for families and individuals during these 12 months. We are very grateful to the Core Leadership Teams of all our MC’s who rose to the challenge of supporting and caring for members of our church. Many communities took advantage of the few weeks across the summer and early Autumn months to run some smaller outdoor in person gatherings. During the 12 months we ran 4 online courses using Zoom – these ran midweek and included The Prayer Course, Mission Shaped Living Course, The Wellbeing Course and The Prayer Course Pt 2.
In the autumn we were grateful to Chester Cathedral for allowing us use of their space for 2 evening gatherings in Sep/Oct and we managed to hold a Christmas Carol Service at the Cathedral in December.
In early April we were approached by our local ward councillor for Cheshire West and Chester together with the Welcome Network asking us to become involved in a practical response to the pandemic that would involve the setting of a food distribution centre to provide emergency food parcels to families and induvial being adversely affected and impacted by the pandemic. HBC became the lead partner for the Crossroads Community Hub, providing the infrastructure and charitable status for this project. Working with many partners in Chester including the West Cheshire Food Bank the Hub was open every day for the first 4 months and then 5 days from August, in the beginning of 2021 we reduced to 3 days to consolidate the ongoing work of the Hub. Over the 11 month we have given away over 1000 parcels and helped support and feed over 2000 families and individuals. Working with over 40 volunteers the project drew lots of support from the local communities and we secured over £25,000 in external funding to help us cover the costs of the project which included the appointment of a parttime Project coordinator from Nov. Specific support and relationships were established with 6 local primary schools with a special Christmas initiative which saw over 1000 advent calendars give away to local children and nearly 50 Christmas Hampers given away to families.
5
## **HOOLE BAPTIST CHURCH**
## **TRUSTEES REPORT (Continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
We are thankful to God and to the members of our congregation that over the past 12 months our income via donations has remained at the same levels as pre COVID 19, coupled with this due to restrictions on church activities our budgeted expenditure was reduced. This enabled us to redirect some expenditure towards work required on the upkeep of Hoole Lighthouse Centre. We were able to undertake some major internal decorating and replacement of carpet tiles in the welcome area and main hall, to also paint the outside of the building and to upgrade the Fire Alarm system.
## **Trustees' Responsibilities**
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which presents a true and fair view of the state of affairs of the Charity and of the surplus of the Charity for that period. In preparing those financial statements the trustees are required to:
**i)** Select suitable accounting policies and apply them consistently
**ii)** Make judgements and estimates that are reasonable and prudent
**iii)** Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Charity. 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.
Approved by the Trustees on 17th January 2022
Signed on their behalf by Trustee, S Knott
Printed Name: Mr. S Knott
6
## **HOOLE BAPTIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021**
|**Notes**
**INCOME FROM:**
Donations & Legacies
**3a**
Charitable Activities
**3b**
Activities for Generating Funds
**3c**
Investment Income
**3d**
Other Incoming Resources
**3e**
**TOTAL INCOME**
**EXPENDITURE ON:**
Costs of Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL EXPENDITURE**
**NET INCOME/(EXPENDITURE)**
Transfers Between Funds
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
£
156,429
11,344
30,739
198,512
157,770
22,561
14,125
-
36,686
39,889
702
-
-
702
6,346
60
-
-
60
160
57
-
-
57
500
**179,809**
**25,469**
**30,739**
**236,017**
**204,665**
180,485
16,077
14,060
210,622
200,734
2,441
-
-
2,441
3,262
**182,926**
**16,077**
**14,060**
**213,063**
**203,996**
**(3,117)**
**9,392**
**16,679**
**22,954**
**669**
2,300
767
(3,067)
-
-
94,208
84,188
4,407
182,803
182,134
**93,391**
**94,347**
**18,019**
**205,757**
**182,803**|
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 20 form part of these financial statements.
7
## **HOOLE BAPTIST CHURCH**
## **BALANCE SHEET**
## **AS AT 31ST MARCH 2021**
|**Note**
**Fixed Assets**
Tangible Assets
**2**
**Current Assets**
Debtors & Prepayments
**9**
Cash at Bank and in Hand
**8**
**Total Current Assets**
**Creditors:**due within one year
**10**
**NET CURRENT ASSETS**
**TOTAL ASSETS**less current liabilities
Long Term Liabilities
**11**
**NET ASSETS**
**Funds of the Charity**
General Funds
Designated Funds
**5**
Restricted Funds
**6**|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-21**
**31-Mar-20**
£
£
£
**£**
**£**
84,000
1,999
-
85,999
87,022
8,630
-
-
8,630
12,946
2,014
92,348
18,019
112,381
84,239
**10,644**
**92,348**
**18,019**
**121,011**
**97,185**
1,253
-
-
1,253
1,404
9,391
92,348
18,019
119,758
95,781
**9,391**
**92,348**
**18,019**
**119,758**
**95,781**
-
-
-
-
-
**93,391**
**94,347**
**18,019**
**205,757**
**182,803**
93,391
-
-
93,391
94,208
-
94,347
-
94,347
84,188
-
-
18,019
18,019
4,407
**93,391**
**94,347**
**18,019**
**205,757**
**182,803**|
|---|---|
Approved by the Trustees on 17th January 2022
Signed on their behalf by Trustee S Knott
Printed Name: Mr. S Knott
8
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. 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 (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1. There may be minor discrepancies as pence are not being shown.
## **Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period
## **Material prior period errors and changes to previous accounts**
No material prior period errors have been identified in this accounting period and there have been no changes to previous accounts.
## **Preparation of accounts on a going concern basis**
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of reserves will support the charity going forward.
## **Income**
Income is included in the Statement of Financial Activities (SOFA) when:
- the charity becomes entitled to the income;
- it is more likely than not that the trustees will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **Interest receivable**
Interest on funds held on deposit is included when receipt is probable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **Grants and Donations**
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP).
## **Tax Reclaims on Donations and Gifts**
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
## **Government Grants**
The charity has not received government grants in the reporting period.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **Expenditure**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
9
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES (Continued)**
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
## **Operating leases**
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Redundancy payments**
The charity made no redundancy payments during the period.
## **Pensions**
The charity operates a government backed defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
## **Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
## **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## **Tangible Fixed Assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. They are capitalised if they can be used for more than one year and cost over £1,500.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Sound Equipment 25% Computers and Equipment 33%
## **Church Premises**
The church premises are considered to be inalienable and historic fixed assets, are excluded from the balance sheet because reliable cost information is not available, and valuation would incur significant costs which would be onerous compared with the additional benefit gained by the user of the accounts. The 2021 insurance value of premises is £1,011,583.
No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost.
10
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **2. TANGIBLE FIXED ASSETS**
|Cost
01-Apr-20
Additions
Cost at
31-Mar-21
Depreciation
01-Apr-20
Charge
Depreciation at
31-Mar-21
Net Book Value
31-Mar-21
Net Book Value
31-Mar-20|General
Designated
General
Designated
Land &
Computer
Computer
Sound
Sound
**Total**
Buildings
Equipment
Equipment
Equipment
Equipment
£
£
£
£
£
84,000
18,849
6,259
192
4,301
113,601
-
-
-
-
-
-
84,000
18,849
6,259
192
4,301
113,601
-
18,849
6,259
192
1,279
26,579
-
-
-
-
1,023
1,023
-
18,849
6,259
192
2,302
27,602
**84,000**
**-**
**-**
**-**
**1,999**
**85,999**
**84,000**
**-**
**-**
**-**
**3,022**
**87,022**|
|---|---|
Church Premises are held at deemed cost of £84,000 which is the historical cost of the property.
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2021: None 31st March 2020: None
11
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **3. INCOMING RESOURCES**
|**a) Donations & Legacies**
Gifts & Donations
Gift Aid Tax Refund
Grants Received
**b) Charitable Activities**
Activities & Events
Salaries Contribution
Specific Purposes
**c) Activities for Generating Funds**
Rental Income
**d) Investment Income**
Interest Received
**e) Other Incoming Resources**
Sundry Income|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
£
133,816
1,344
3,137
138,297
128,109
22,613
-
104
22,717
26,584
-
10,000
27,498
37,498
3,077
**156,429**
**11,344**
**30,739**
**198,512**
**157,770**
-
1,325
-
1,325
3,711
21,037
12,800
-
33,837
30,890
1,524
-
-
1,524
5,288
**22,561**
**14,125**
**-**
**36,686**
**39,889**
702
-
-
702
6,346
**702**
**-**
**-**
**702**
**6,346**
60
-
-
60
160
**60**
**-**
**-**
**60**
**160**
57
-
-
57
500
**57**
**-**
**-**
**57**
**500**|
|---|---|
12
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **4. RESOURCES EXPENDED**
|**Note**
**a) Costs of Charitable Activities**
Activities & Events
Annual Maintenance & Servicing
Building Repairs & Maintenance
Children's Work
Community Grants Payable
Computer Licences & Support
Depreciation Expense
Discipleship Expenses
Gifts & Donations
Licences & Subscriptions
Manse Rental Agreement
Mission Grants Payable
**4a.i)**
Mission Partnership
Office Costs
Office Equipment Expensed
PA Systems
Payroll Fees
Photocopier Costs
Prayer & Worship
Premises Hire
Refreshment Expenses
Salaries & Wages
**12**
Specific Purposes
Students
Sunday Gathering
Sundry Expenses
Telephone Costs
Training Costs
Travel & Subsistence
Utility Costs
Youth Work
**b) Governance Costs**
Insurance Costs
Independent Examiner's Fee|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2020/21**
**2019/20**
£
£
£
£
£
-
1,473
-
1,473
3,459
991
-
-
991
801
942
6,705
-
7,647
10,976
329
-
399
728
691
-
-
12,436
12,436
-
3,579
2,572
313
6,464
3,048
83
940
-
1,023
342
2,346
-
-
2,346
2,351
3,724
3,587
500
7,811
2,929
1,849
-
-
1,849
1,767
8,544
-
-
8,544
8,544
15,300
800
-
16,100
17,400
1,985
-
-
1,985
1,740
1,311
-
-
1,311
803
153
-
-
153
651
15
-
-
15
63
949
-
-
949
918
451
-
-
451
669
57
-
-
57
1,351
300
-
-
300
5,205
58
-
-
58
1,073
127,464
-
-
127,464
119,381
2,273
-
-
2,273
4,549
-
-
-
-
60
2,040
-
-
2,040
1,233
106
-
-
106
477
1,020
-
-
1,020
1,026
622
-
-
622
1,450
81
-
-
81
2,655
3,913
-
-
3,913
4,186
-
-
412
412
936
**180,485**
**16,077**
**14,060**
**210,622**
**200,734**
1,343
-
-
1,343
1,219
1,098
-
-
1,098
2,043
**2,441**
**-**
**-**
**2,441**
**3,262**|
|---|---|
13
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **4a.i) GRANTMAKING**
Analysis of grants paid (included in cost of charitable activities)
|OMF International (A&L Sears)
Frontiers (B&L Waugh)
Russ and Lesley Howell
Bethan Uitterdijk (YWAM)
Emma Shorey (nee Binder)
The Light Project Trust
Chester Schools Christian Work Trust
A Jones (Uganda trip)
Storehouse Church
Care for the Family
Dheeravath Sudha Rani
Zimbabwe Network of Churches (B.Fitzpatrick)
Total
**5. DESIGNATED FUNDS**
**CURRENT FINANCIAL YEAR**
**Balance**
**01-Apr-20**
Income
£
£
Building Fund
3,372
-
Computer Fund
5,793
-
D'Biz Fund
585
902
Mission Fund
5,434
-
Mission (short term) Fund
-
-
Mission (long term) Fund
-
-
Messy Church
26
-
Release Fund
432
1,124
Resource Centre Fund
66,946
220
Reimagine Fund
-
Sozo Fund
355
-
Storehouse
549
22,800
Trackers and Colts Fund
399
-
Who Let The Dads Out
297
423
**84,188**
**25,469**|Grants to
Grants to
2020/21
2019/20
institutions
individuals
£
£
£
£
3,600
-
3,600
3,600
4,200
-
4,200
4,200
-
2,040
2,040
2,040
1,000
-
1,000
2,400
-
300
300
600
1,080
-
1,080
1,080
1,080
-
1,080
1,080
-
1,200
1,200
2,400
300
-
300
-
300
-
300
-
-
500
500
-
500
-
500
-
**12,060**
**4,040**
**16,100**
**17,400**
**Balance**
Expenditure Expenditure on
Transfers
**31-Mar-21**
Fixed Assets
£
£
£
£
6,705
-
5,600
2,267
3,512
-
-
2,281
1,147
-
-
340
-
-
(5,429)
5
750
-
3,379
2,629
-
-
5,650
5,650
-
-
-
26
3,337
-
3,000
1,219
-
-
4,517
71,683
3,000
3,000
-
-
-
355
300
-
(18,950)
4,099
-
-
-
399
326
-
-
394
**16,077**
**-**
**767**
**94,347**|
|---|---|
The 2021/20 transfers between funds represent:
|Building Fund
Mission Fund
Mission (short term) Fund
Mission (long term) Fund
Release Fund
Resource Centre Fund
Reimagine Fund
Storehouse|£
5,600
For any unbudgeted maintenance costs to Hoole Lighthouse Centre or
the adjoining offices.
(5,429)
For transfers to Hoole Baptist Church mission partners.
3,379
For transfers to Hoole Baptist Church short term mission partners.
5,650
For transfers to Hoole Baptist Church long term mission partners.
3,000
For money given as gifts to help in difficult times.
4,517
For the future purchase of a new building
3,000
For new logo/sign changes
(18,950)
Transfer of income specifically for the salary of Paul Stevens, Pastor
of Storehouse Church, Winsford|
|---|---|
767
14
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **5. DESIGNATED FUNDS (Continued)**
## **PREVIOUS FINANCIAL YEAR**
|Building Fund
Computer Fund
D'Biz Fund
Mission Fund
Messy Church
Release Fund
Resource Centre Fund
Sozo Fund
Storehouse
Trackers and Colts Fund
Who Let The Dads Out|**Balance**
**Balance**
**01-Apr-19**
**Income**
Expenditure Expenditure on
Transfers
**31-Mar-20**
Fixed Assets
£
£
£
£
£
£
1,427
2,500
1,155
-
600
3,372
5,224
500
831
3,364
900
5,793
130
2,936
2,857
-
376
585
3,837
-
803
-
2,400
5,434
133
-
-
-
(107)
26
486
585
639
-
-
432
66,831
6,615
9,500
-
3,000
66,946
485
155
285
355
239
15,000
-
-
(14,690)
549
640
775
603
-
(413)
399
290
458
451
-
-
297
**79,722**
**29,524**
**17,124**
**3,364**
**(7,934)**
**84,188**|
|---|---|
**Building Fund** is money set aside to build up a reserve for building maintenance costs.
**Computer Fund** is money set aside to build up a reserve for replacing computer equipment.
**D’Biz Fund** is income and expenditure for D’Biz youth club including activities under Trackers.
**Mission Fund** is money set aside to help people get involved in mission.
**Mission ST fund** money set aside to help people involved in short term mission including local missions organisations.
**Mission LT fund** money set aside to help people involved in long term mission.
**Messy Church Fund** is a fund set aside for the Messy Church meetings.
**Release Fund** is money set aside to give as gifts e.g. to enable someone to attend an event or to help in difficult times.
**Resource Centre Fund** (formerly known as Mortgage Fund) is money set aside for developing a new resource centre following repayment of our mortgage loan in December 2015.
**The Reimagine Fund** is money set aside for expenditure related to new logo/sign changes etc
**Winsford Mission Base** – Transfer of restricted income specifically for the salary of Paul Stevens, Pastor of Storehouse Church, Winsford
**Trackers and Colts Fund** is income and expenditure for the Trackers primary age club and Crossway Colts junior football club.
**Who Let The Dads Out** is income and expenditure for the Who Let the Dads Out dads and toddlers group.
The Designated funds are represented by the Charity's cash reserves, debtors and fixed assets and are to be expended as detailed above.
15
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **6. RESTRICTED FUNDS**
## **CURRENT FINANCIAL YEAR**
|CWaC (Youth)
Crossroads
Healing Rooms Fund
Missional Communities Fund
Messy Church
Renew
Shout Fund
Streetworx
Worship PA Fund
Youth Alpha Fund|**Balance**
**Balance**
**01-Apr-20**
Income
Expenditure
Transfers
**31-Mar-21**
£
£
£
£
£
281
-
313
-
(32)
21,754
12,436
(4,785)
4,533
240
-
-
-
240
1,071
6,385
-
1,718
9,174
206
-
-
-
206
2,000
500
1,500
353
600
399
-
554
1,941
-
-
-
1,941
(277)
-
-
-
(277)
592
-
412
-
180
**4,407**
**30,739**
**14,060**
**(3,067)**
**18,019**|
|---|---|
The 2021/20 transfers between funds represent:
|Crossroads Fund
Missional Communities Fund|£
(4,785)
Transfer of management costs and salary for E. Adams
1,718
Transfer for the purpose of missional communities, in particular the
salary of the current associate minister
(3,067)|
|---|---|
All transfers out of restricted funds have been agreed with the donors.
## **PREVIOUS FINANCIAL YEAR**
|CWaC (Youth)
Healing Rooms Fund
Missional Communities Fund
Messy Church
Shout Fund
Streetworx
Worship PA Fund
Youth Alpha Fund|**Balance**
**Balance**
**01-Apr-19**
Income
Expenditure
Transfers
**31-Mar-20**
£
£
£
£
£
312
-
31
-
281
227
212
199
-
240
7,994
3,077
-
(10,000)
1,071
171
414
486
107
206
194
600
441
-
353
1,941
-
-
-
1,941
(81)
1,020
1,207
(9)
(277)
104
745
257
-
592
**10,862**
**6,068**
**2,621**
**(9,902)**
**4,407**|
|---|---|
16
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **6. RESTRICTED FUNDS**
**CWaC (Youth Work) fund** is money given by local councillors and other organisations for our youth work.
**Crossroads fund** relates to the income and expenditure of a new project launched in April 2020 to provide relief food parcels for those indirectly affected by government lockdowns and restrictions
**Healing Rooms Fund** set up on 1.4.17 which relates to any funding used directly for Healing Rooms Ministry.
**Missional Communities Fund** was set up on 02.06.17 to receive a grant from the Baptist Insurance for missional communities.
**Messy Church Fund** is a fund set aside for the Messy Church meetings.
**Renew fund** launched in April 2020 relates to income and expenditure for a new initiative as a weekly wellbeing space open to the local community.
**Shout Fund** is money given by another church charity for a joint youth venture.
**Streetworx Fund** relates to income and expenditure for the Streetworx youth project which runs panna cage football sessions in conjunction with the local police.
**Worship** is a fund set up for a donation given specifically for the purchase of a new keyboard.
**Youth Alpha** is a fund set up for donations to be used specifically for activities for Youth Alpha.
The Restricted funds are represented by the Charity's cash reserves and are to be expended as specified above.
## **7. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Fixed Assets
Net Current Assets|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-21**
**31-Mar-20**
£
£
£
£
£
84,000
1,999
-
85,999
87,022
9,391
92,348
18,019
119,758
95,781
-
**93,391**
**94,347**
**18,019**
**205,757**
**182,803**|
|---|---|
## **8. CASH AT BANK AND IN HAND**
|Cash at Bank & in Hand
**9. DEBTORS AND PREPAYMENTS**
Gift Aid Tax Recoverable|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-21**
**31-Mar-20**
£
£
£
**£**
**£**
2,014
92,348
18,019
112,381
84,239
**2,014**
**92,348**
**18,019**
**112,381**
**84,239**
Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-21**
**31-Mar-20**
£
£
£
**£**
**£**
8,630
-
-
8,630
12,946
**8,630**
**-**
**-**
**8,630**
**12,946**|
|---|---|
17
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Independent Examiner's Fee
Pension Contributions|Unrestricted
Designated
Restricted
**Total**
**Total**
Funds
Funds
Funds
**31-Mar-21**
**31-Mar-20**
£
£
£
**£**
**£**
1,098
-
-
1,098
1,080
155
-
-
155
324
**1,253**
**-**
**-**
**1,253**
**1,404**|
|---|---|
## **11. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The Charity held no long term liabilities during this or the previous financial year.
## **12. STAFF COSTS AND NUMBERS**
|Gross Wages & Salaries
Employer's National Insurance Costs
Employer's Allowance
Pension Contributions|**TOTAL**
**2020/21**
**£**
121,073
7,571
(4,000)
2,820
**127,464**|**TOTAL**
**2019/20**
**£**
112,804
6,972
(3,000)
2,605
**119,381**|
|---|---|---|
Actual number of employees who were engaged in each of the following activities:
|Charitable Activities
Support
Management|**TOTAL**
**2020/21**
3
1
4
**8**|**TOTAL**
**2019/20**
3
1
4
**8**|
|---|---|---|
|Employee numbers represent:||
|---|---|
|At 31st March 2021:|3 full time and 5 part time staff members|
|At 31st March 2020:|3 full time and 5 part time staff members|
The church offers a government backed stakeholder pension scheme to those eligible employees who wish to contribute. From 1st April 2017 employer contributions are paid with the exception of one full time member of staff who opted out of the scheme. The church pays employer contributions into a private pension scheme on behalf of the one employee that opted out of the NEST scheme. The total employer pension contributions paid for 2020/21 was £2,820 (2019/20: £2,605).
The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000. (2019/20:None).
18
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **13. PAYMENTS TO TRUSTEES AND OTHER RELATED PARTIES**
## **PAYMENTS TO RELATED PARTIES**
The custodian trustee of the church is the North Western Baptist Association which is a registered charity (number: 247503). The church is a member of the Baptist Union of Great Britain (reg. charity no. 1125912) and serves as the administrative hub for Fresh Streams (reg. charity no. 280032).
No payments were made to the custodian trustees or any persons/organisations connected with them during this financial period. No material transaction took place between the charity and the custodian trustee or any person/organisation connected with them (2019/20: None).
Hoole Baptist Church received a gift of £15,000 from Fresh Streams Network Ltd (registered charity number 280032). Trustee A Glover is also a Trustee of Fresh Streams Network Ltd.
Hoole Baptist Church received a gift of £6,037 from Link Up West Cheshire (registered charity number 1158678). Hoole Baptist Church also gave a local mission gift of £660 to Link Up West Cheshire. Trustees A and S Glover are also Trustees of Link Up West Cheshire.
Hoole Baptist gave a local mission gift of £1,080 to The Light Project (registered charity number 1084941). Trustee A Glover is also a Trustee of The Light Project.
Hoole Baptist gave a local mission gift of £1,080 to Chester Schools Christian Work Trust (registered charity number 1041454). Trustee S Glover is also a Trustee of Chester Schools Christian Work Trust.
## **PAYMENTS TO TRUSTEES**
During the financial year Trustee Mr A. Glover received £24,804 (2019/20: £23,649) in salary related payments for ministerial services supplied to the Charity in furthering the Charity's objects . Trustee Mr A Glover and Trustee Mrs S Glover also received £8,544 (2019/20: £8,544) for use of their home under an HMRC approved rental agreement in furtherance of the Charity's objects.
During the financial year Trustee Mr E. Green received £24,000 (2019/20: £22,960) in salary related payments in his capacity as Associate Leader in furthering the Charity's objects .
Trustee S. Knott was given a one off gift of £820 Honorarium for his work as interim financial assistant due to sickness absence of the Finance Assistant F. Ralph. Trustee S. Knott was also paid £180 for freelance maintenance work undertaken for the Charity.
The above payments are permitted as per the charity's governing document.
No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them.
## **DONATIONS FROM TRUSTEES**
Four Trustees donated an aggregate amount of £14,640 to the charity during the financial year. There were no conditions attached to these donations.
19
## **HOOLE BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
## **14. RISK ASSESSMENT**
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **15. RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
## **16. PUBLIC BENEFIT**
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
20