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2020-12-31-accounts

ANNUAL REPORT FOR THE YEAR AND FINANCIAL STATEMENTS 1 January 2020 to 31 December 2020

CONTENTS PAGES
AIMS, AFFILIATION, GOVERNANCE 2-3
MINISTRY MEMBERSHIP PASTORAL AND WORSHIP 3-4
CONCLUDING REMARKS, OFFICES, TRUSTEES 4
FINANCE 5-22
FINANCIAL REVIEW AND RESPONSIBILITIES 5
STATEMENT OF FINANCIAL ACTIVITIES 6
BALANCE SHEET 7
NOTES TO FINANCIAL STATEMENTS 8-21
INDEPENDENT EXAMINER’S REPORT 22

Trustees report for 2020

New North Road Baptist Church

Aims and Purposes

The Trustees (Minister, Church Officers & Deacons) of New North Road Baptist Church Huddersfield work together to promote the mission of the Church – to worship God and to promote the Christian gospel through evangelistic, pastoral, social and ecumenical activities. The Trustees are also responsible for the maintenance of the church building and for the manse at 16 Heaton Road, Gledholt, Huddersfield, HD1 4HX.

Affiliations

New North Road Baptist Church, Huddersfield is part of the Yorkshire Baptist Association and the Baptist Union of Great Britain. We send delegates to the YBA and BU Assemblies and support the initiatives of BMS World Mission.

The church has continued to connect with neighbouring churches through Hope Huddersfield and Churches Together in Huddersfield

Governance and management

The deacons, officer and minister form a team responsible for the oversight and management of the church. The Secretary and Treasurer are appointed annually at the AGM. There is an annual election of Deacons each year. Each deacon serves for a 3-year term being eligible to stand for a second 3-year term on re-election before being required to stand down for a minimum of 1 year. In addition to the monthly deacons meeting there are some committees that meet and assist the deacons in their work including a finance and property committee and a pastoral group.

Although this is the trustees’ report it would be remiss not to recognise their contribution which Rev Mark Janes makes on behalf of the church, with gratitude for their willingness to serve, to meet and to give their hearts and minds to the leadership and oversight of the church which they have done cheerfully and diligently throughout 2020.

In return, the members and trustees would like to express our appreciation to Mark for the way he has led and supported us throughout the pandemic. The national lockdown was imposed after he had been our Minister for just six months and we are most grateful for his calmness and resilience under pressure. We thank him for the many ways in which he rose to the challenge of communicating with us when our church building had to stay closed for many months. Mark responded quickly to the utterly new situation that confronted us: especially notable were his weekly Pastoral Letters and his use of technology to transmit weekly sermons to us from the manse so that we could both hear him and see him as he brought God’s word to us.

The church has an established safeguarding policy which is overseen by the Diaconate and reviewed at our AGM. A dedicated Safeguarding Team is led by Myrna Moore and is available to deal with any safeguarding issues that may arise.

The Church meeting forms the governing body of the church. This is open to every member of the church and it is here the members seek to find a common mind as they seek ‘the mind of Christ’ and make the big decisions about the overall life and direction of the church. In 2020 following the national lockdown the church meeting was suspended and had not Page 2 of 22

met since March because it was not possible to have a meeting that many people could or would be willing to attend in person. Following the advice of the Charity Commissioners and the Baptist Union that they would respect churches that were seeking to operate in the spirit of their constitution an AGM was held via Zoom but voting was conducted via a secret postal ballot when all members of the church were included through being sent stamped addressed envelopes with their ballot papers. The deacons have been very mindful that the church as a whole has not been able to participate in some of the vital but necessary decisions, they have taken but have sought to explain these through the pastoral letter.

Many people volunteer and make their gifts available, demonstrating kindness, good will and remarkable generosity, some in very public ways and some more quietly, some in more formal ways and some through the informal networks of the church but all make the life of New North Road Baptist Church possible. The trustees want to express our very real gratitude and thanksgiving to everyone who does this.

The church employs a professional cleaner, Mr Maxwell Orafu, for five mornings each week and he does a very good and thorough job. For most of 2020 he was furloughed because of the closure of the building, doing a limited number of hours as the building began to gradually reopen.

The coronavirus

In early March 2020 it became clear that the Global pandemic would profoundly change the way people would live their everyday lives and the deacons agreed to close the church building to all public activity when the Prime Minister announced the first national lockdown.

The deacons attempted to address the challenge presented by the lockdown by revising the pastoral lists so that everyone who forms part of the church’s immediate network had a named deacon who called and sought to stay in touch with them. They also authorised the creation of a WhatsApp group and arranged with the minister for a printed act of worship to be circulated by post or email, together with a weekly pastoral letter. They also arranged for a weekly zoom gathering on a Sunday and a weekly prayer meeting via Zoom.

A weekly Bible study, translated into Farsi, was also set up on Zoom which was much appreciated by the participants.

Another dimension of the church’s life that became operational during this time was the new website which is being informally managed by Mrs Zahra Mirsaney.

When the first lockdown eased in mid-summer the church was reopened. A gathering for contemplative prayer began on a Sunday morning and this became a more traditional act of worship with different people offering song although there was no congregational song. In order to include many people in this the service was transmitted via Zoom to people online. During this time six of our Farsi friends were baptised following the completion of a new baptismal course.

In all of this the deacons were careful to prepare detailed risk assessments following advice from the Baptist Union that was consistent with the law and guidance from the national Government. People visiting the church were invited and expected to sanitise their hands,

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maintain spatial distancing and give their names and contact information for a time limited register.

The deacons expected that things would gradually reopen and carefully considered the applications and risk assessments of a number of different user groups to begin meeting again but the second lock down rendered these considerations void as the church building was closed for a second time.

During the second lockdown the church met for a more traditional service on Zoom in the morning and the evening while the other provisions the deacons had made continued. This wasn’t required in law but the rising level of covid transmission gave the deacons pause. The only service that happened in person at the church during this lockdown was on Christmas morning. One notable evening service via Zoom that took place during this time was a service of remembering for people who have passed during the last year and this was widely appreciated.

The different activities of the church were all suspended from the beginning of the first lockdown, including Reach. The church has continued to actively support a number of families and individuals who are seeking or have been recently granted asylum in the United Kingdom, especially from the Farsi Community.

Membership

The church welcomed five new members this year. Mr and Mrs Brian and Marion Fisher and their sons Alan and Nathanael and also Patricia Taylor Janes. We also lost three members of very long standing in Jean Gill, Marjorie Heaton and Mavis Lawrence who we remember with gratitude and affection and with confident faith in the promises of God.

In Conclusion.

New North Road is a community that is in good heart.

We are a church with a heart for people at the heart of Huddersfield, serving our neighbours in the name of Jesus Christ.

Officers and Trustees

Mary Whalley and Sandra Coulthard were re-elected for a second term of three years, Dave Carrins for a new first term of three years, and Christy Morakinyo for a first term as a deacon of three years.

Mr Stewart Naylor resigned as assistant secretary at the end of the year and Mr Gordon Morrison as secretary. Their long and steadfast service is very much appreciated. Fay Deer also retired following the end of her second term of three years with our thanks and Mrs Bernice Dema after her first term of three years with our gratitude. The deacons have adopted new portfolios of responsibility. Mrs Sheila Selbie kindly agreed to become our new administrator working with an administrative group which included our room bookings. Mrs Leila Hanson has acted in a quiet and informal way as a non-administrative secretary, meeting regularly with the minister. Dave Carrins continues to serve as acting treasurer and we are indebted to him for his careful and diligent work in this capacity. We are also assisted by a property and finance group of volunteers who serve in an advisory capacity.

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NEW NORTH ROAD BAPTIST CHURCH

HUDDERSFIELD

ANNUAL REPORT OF THE TRUSTEES

YEAR ENDED 31 DECEMBER 2020

Financial Review

As required by the Charities Act 2011 an independent examination has been carried out as confirmed by the closing statement.

The attached accounts show the results for the year with an excess of income over expenditure of £150,481 on the unrestricted funds.

Reserves

The trustees aim to maintain adequate reserves to be able to continue the advance of the Christian faith.

The unrestricted funds totalling £316,459 (2019: £165,978) are available for the advance of the

Christian faith at the discretion of the trustees.

Trustees’ responsibilities statement

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and 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 incoming resources and application of resources of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper 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. 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 16th September 2021 and signed on their behalf by:

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NEW NORTH ROAD BAFfisT OIURCH HUDDERSFIELD STATEMENT OF FINANCIAL AcfiviTIES YEAR ENDED 31 DECEMBER 2020 Total Note Unrestricted Endowment Restricted Deslgnated 2020 Income and endowments from: Donatlons and Legacies 230.0 8.239 238.2C Investments 463 16 144 623 Other 262 Totsl Income and Endowments 239,262 16 144 8,501 247,923 Expenditure On: Charitable Activities 90,832 2.962 93.FJ4 Totsl Expenditure 90,832 2,962 93,794 Net lexpenditurel I Income 148,430 16 144 5.539 154,129 Transfer Between Funds 2,051 11.8511 Other R￿Qgnised Gains/ L055es Gains on Revaluation of properties Net Movement in Funds 0.481 11,8351 144 5.339 154.129 Totsl Fund5 Brought fonvard 2019 165,978 2,374,666 252,244 5,075 1797,963 Totsl Funds Carri￿ forward 20 316.459 2.372.831 252,388 10.414 1952.092 All income and expenditure derives from continuing activities. The note5 on p3ge5 8 to 20 form part of these financial statements Page 6 of 22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSRELD BALANCE SHEET YEAR ENDED 31 DECEMBER 2020 Note 2020 2019 Tangible Flxed Assets io 2.623.266 2,633.644 Investments li 132.1(X) 131.972 2,755,366 2,765,616 Current Assets Debtors 12 181.055 11.742 Cash at Bank and Building Society 13 19.388 23.094 200,443 34,836 Crèdltors.. Amounts falling due within one year 14 13.7171 12,4891 Net Current ILiabilitiesllassets 196.726 32.347 Net Asset5 2,952,092 2,797,963 CharFtable Funds Unrestricted Funds 316.459 165.978 Endowment Funds 15 2,372,831 2,374.666 Restricted Funds 16 252,388 252,244 Designated Funds 17 10.414 5.075 2.952,092 2.797.963 The notes on pages 8 to 20 form part of these financial Statements The Financial Statement5 weie approved and authorised foi issue by the trustees on 16th September 2021. Mrs L Hanson- Secretary L. Mr D Carrins- Treasurer Page 3 Page 7 of 22

NEW NORTH ROADBAPTISTCHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 I Summary alsienificant ac£ountine paliei&s IA) G•n•ral Informatlan and baslsaf pr&paratlon New North Road Baptist Church is a registered charity in the United Kingdom. The nature of the charity's operations and principal activities are to promote the mission of the church. this is detailed further in the trustees report. The charity constitutes a public benePIt entity as defined by FRS 102. The Pinancial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS10212015. the Charities Act 2011 and UK Generally Accepted Practice as it applies from l January 2020. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2C(>8 only to the extent required to provide a 'true and fair vie￿. This departure has involved following the 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 IFRS 10212015. The financial statements are prepared on a going concern basi5 under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which 15 the functional currency of the charity. The significant accounting policie5 applied in the preparation of these financial statements are set out below. These policie5 have been con5iStently applied to all years presented unle55 otherwise 5tsted. Ibl Fund5 Unrestricted furbd5 are available for use at the discretion of the trustees in lurtherarhce of the general objective5 of the charity and which have not iEen designated for other purFK>5e5. Endowment fund5 represent the value of property held. which 15 Used to e5tabli5h work of the church. RestrittÈd funds are funds which are to be used in accordance with spÈtilic rÈstrrctions imposèd I donor5 or which have raised by the charityfor particular purposes. The c05t of raising and administÈring such funds are charged againstthe specific fund. Tho aim and USÈ of each restrictÈd fund IS Set out inthe rhote5 to the lirbancial statements. Designated funds comprise unrestricted funds that havè been set aside by thè trustèes for particular purposes. The alm and use of each designated fund Ss set oth in the notes to the financSal statements. Page 8 of 22

NEW NORTH ROAD BAPTISTCHURCH HUDDERSFIELD NOTESTOTHE FINANCIALSTATEMENTS YEARENDED31 DECEMBER2020 lel Incom& r•co8nitian All incoming resources are included in the Ststement of Financial Activities ISOFAI when the charity is leEallv entitled to the income after any performance conditions have been met, the amwnt can be measured reliably and it is probable that the income will be received. For donations to be rec￿niSed the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then incDme is deferred until those conditlDns are fully met or the fulfilmentof those Conditions is within the control of the charity and it is probable that they will be fulfilled. Donated facilities and donated professional services are recDgnised in income attheir fair value when their economic benefit is probable. it can be measured reliably and the charity has control Dver the item. Fair value is determined on the basis of the value of the giftto the charity. For example the amount the charity would be willing tD pay in the open marketfor such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time, in line with the SORP IFRS 1021. Further detsil is given in the Trustees, Annual Report. Where practicable. gifts in kind donated for distribution to the beneficiaries of the charity are included in donations in the financial ststements UPDn receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuatiDn Dutweigh any benefits, then the fair value is recognised as compDnent of donations when it is distributed and an equivalent amount recognised as charitsble expenditure. Fixed asset gifts in kind are recoEnised when receivable and are included at fair value. They are not deferred over the life of the asset. For legacies, entitlement isthe earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacies will be notified tD the charity however it is not Possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Investment income is earned through holding assets for investment purwses. Interest income is recognised using the effective interest methrA. Other income includes income such as gains on diswsals of tangible fixed assets. Idl Expenditure rttoEnition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the cateEDry. Expenditure is recDgnised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can bè measured reliably. It is categorised under the folloMng headings: Costs of raising fund5 includes investment costs; Expenditure on charitable activities includes costs of prc)viding services and the payment of grantsto the Page 9 of 22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTESTOTHE FINANCIALSTATEMENTS YEAR ENDED31 DECEMBER2020 lel Support ¢0Sts allo¢Jtion Support costs are those that asslst the work of the charity but do not dlrectly represent charitable activities and include ofPice costs, and governance costs. They are incurred directly in 5UPPOrt of expenditure on the object5 of the charity and have therefore been allocated to expenditure on charitable activitie5 ori a bas15 consistent with use of the rescwjrces, along with the costs of ministry and mission grants paid. Fun&raisinB costs are those incurred in seeking voluntary contributions and do not include the costs of di55eminating information in support of the charitsble activitie5. The analy515 of these costs is included in note 5. If) Tangiblefixed assets Tangible fixed a55ets are Stated at C05t lor deemed c05tl or valuation le55 8ccumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. The church and manse premi5e5 are included in the balance Sheet at insurance value. Furniture and fixtures in the church premises which was previously not included as a fixed asset in the balance sheet and was written off as an expense as incurred has been introduced at the insurance value at 31 December 2004 which wa5 £76,646. Any subsequent capital addition5 have been included at C05t. OeprecSation is provided on all tsngSble fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life a5 follows.. Church properties Furniture & fixtures Electronic equipment Church heating system IO% reducing balance 33% straight line 5%5traight line Igl In¥•stmnts Investment assets represent balance5 held by the Yorkshire Baptist Association and the Baptist Union of Great Britain in trust accounts and are held at cost, which is equivalent to their fair value. Ihl Dbtors and eredltors relvabl• I payable wlthln on• year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any105ses arising from impairment are recognised in expenditure. 11) Impalrm*nt Assets not measured at fair value are rewewed for any indication that the asset may be impaired at each balance Sheet date. If such indication exist5, the recoverable amount of the asset, or the as5et'5 cash generating unit, 15 estimated and comparedto the carrying amount. Where the carrying amount exceed5 It5 recoverable amount, an impairment loss is recognSsed Sn profit or loss unless the asset is carrSed at a revalued amount where the impairment loss is a revaluation decrease. Page 10 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 310ECEMBER 2020 (il Tax The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is CDnsidÈred to pass tho tests set out in ParaEraph I SchedLJle 6 Finance Act 2010 and thoreforÈ it meets tho definition of a charitable company fcpr UK corporation tax purposes. Ikl Goinz ¢on¢•rn The financial statements have been prepared on a going concern basis a5 the trustees believe that no material uncertainties exist. The trustees havo considered the level of finds hold and tho Èxpected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is suFFicient wwth the level of reserves for the charity to be able to continue as a going concern. 2 Donation5 and Lega¢ies Total Total Notes Unrestricted Endowment Restricted Designated 2020 2019 Collections AM 4,880 4,880 10,506 PM 361 361 Envelopes Stsnding Orders Donations 6.820 6.820 9.153 23.000 23.000 19.364 -In memoriam and LeEacies -General 185.081 185.081 20.784 7.540 7.540 2.282 Tax Recovered on Gift Aid 9,879 9,879 699 9,021 1.605 Other Collections rÈceivable 699 Gift Day 230.021 8,239 238,260 74,755 Income from Donations and Legacies was £238,26012019 £74,7551. of which £8,23912019 £3,010) was attribLrted to designated funds and £230,02112019 £71,745) attributed to unrestricted funds. 3 Investment In¢ome Total Total Unrestricted Endowfflent Restricted Designated 2020 2019 Income from other investments 463 16 144 623 759 Other Interest Receivable 463 16 144 623 759 Income from Investments was £62312019 £7591. of which £46312019 £3101 was attributed to unrestricted funds. £1612019 £451 to endowment funds and £14412019 £4041 to ￿$tricted funds. Page 11 of 22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 Total Unre5trictedEndowment Re5trictedDe5ignated 2020 Total 2019 Oth•r In¢om• Car Park rents 1,090 6.439 6,025 14.331 899 Room Lettings Rental of Manse 6,439 Sundry Income 1,249 262 1,511 2,978 8,778 262 24,233 Other income was £9,04012019 £24,233), of which £26212019 £2,407) was attributed to designated funds and £8,77812019 £21.8261 was attributed to Ljnrestricted funds. Analysi5 of Expgnditur• on Ch•ritabl• A¢tiviti•s Total NotesUnrestrictedEndowment RestrictedDesignated 2020 Total 2019 Ministry and other staff Pulpit / Preacher supplies Gas,water, Electricity & Phone Manse expenses Cleaning Expenses Administration, postagei printing Insurances 39,220 39.220 22.341 1,050 8,376 12.482 607 6,664 4.267 645 6,664 4.267 645 2,037 2.374 12.541 5,623 2.960 102 2,037 2.374 12,726 5,623 2.960 1,447 1.032 1,597 2.246 Repair5 and Maintenance Baptist Union Home Missions BMS World Mission 185 4,840 6,908 3.098 1,670 2.304 Youth & Other Outreach Work Sundries and Subscriptions CCL Music Copyright Music, tnicrophones and laptops Messy Church Accountancy charges Catering Conforences and training Doriation,.CAP 1,345 553 479 978 978 879 291 291 1,386 1.675 21K) 298 298 135 174 309 2,697 139 279 279 1.5(K) 61 1.51Y) 61 I,sIN) -other Other Collections Payable Depreciation of fixed assets 705 705 1.535 10,378 io 10.378 10,378 90,832 2,962 93,794 87,908 The basis of allocation of all the above expenditure is direct Expenditure on charitable activities was £93.794 12019 £87.9081 of vthich £Nil12019 £Nill was attributed to restricted funds. £2,96212019 £6.2321 attributod to designaiod funds and £90,83212019 E81.6761 attributed to unrestricted fund5. Page 12 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 6 Other Collections Collections Received Transfer to Paid out Designated Fund BMS World Mission 125 12711 11461 BU Home Misslon 266 14341 11681 Communion Fund Royal British Legion Poppy Appeal Christians Against Poverty Christian Aid 699 17051 161 7 Analy$5s Of Grants un￿St￿tted Endowment Restricted Designated 2020 2019 Baptist Union Home Mission 5,623 5,623 6,908 BMS World Mission 2,960 2,960 3,098 Chrlstians Against Poverty 1,500 1,5C(I 1,5C(I 10,083 10.083 11.506 8 Trustees, and key minaEement personnel remunerition expenses and transactions The trustees neither received nor waived any remuneration or expenses during the year12019.. £ Nill. The Trustees did not have any expenses reimbursed during the year12019: E Nill- The Key managernent personnel of the charity comprises the Secretary and Treasurer. neither of whom are employees and did not incur any employment costs. The Trustee5 have made donations to the Church in the year. but it 15 not possible to quantify the aggregate of these as required by the SORP. Page 13 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 9 Staff Costs and •mploy•• Bon•flts The average number of employees and full time equivalent IFtEI during the year was as follows.. 2020 2020 2019 2019 Number FTE Number FTE Raising Funds Charitable Activities Govemance The total staff costs and èmployee benefits were as follows.. 2020 2019 Gross Salaries 31,073 13.579 Employers National Insurance Pension Contributions 6,624 1,523 5.230 3.532 Minister expenses Other expenses 39,220 22,341 Minister 33,341 17.015 Farnily Worker Cleaner 5,879 5.326 39.220 22.341 No employees received employee benefits lexcluding employer pension costs) of more than £60.000 The Church paid pension contributions for its fom)er Ministers to the Baptist Ministèrs, Pension Trust Limited. which is a final salary defined benefit scheme. The 5cherne 15 a rnulti-employer 5cherne. In accordance with FRS 17 the scheme is accounted for a5 a defined contribution scheme. See note5 18 and 19 for further details of the pension scheme. Page 14 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE HNANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 10 Tangible Fixed Assets Properties Church Church Premises Manse Furniture Church and Fixtures Electronic equipment Heating system Total Cost or Valuation At l January 2020 Disposals Additions Increase in insurance valuation 2.300.609 268,385 128.389 8,593 75,647 2.781.623 At 31 December 2020 Cost 2,502 2,794 51,743 8,593 75,647 141,279 Valuation 2,298,107 265,591 76,646 2,640,344 Depreciatign At l January 2020 Disposa15 Charge for the year 94.544 4.268 49.167 147.979 3.760 2.836 3.782 10.378 At 31 December 2020 98,304 7,104 52,949 158,357 Net Book Value At 31 December 2020 2,3CQ,609 268,385 30,085 1.489 22,698 2,623,266 At 31 December 2019 2,3C(1,609 268,385 33,845 4,325 26,480 2,633,644 The Church is the beneficial owner of the Church and Manse premise5, the legal title to which 15 held by the Church's custodian trustee IThe Baptist Union Corporation Ltd). The Church and Manse premises are included at insurance value because reliable cost information is not available and valuation would incur significant cost5. Furniture and fixtures in the Church premises were introduced at insurance value in 2(NM as £76.646. Any subsequent capital addition5 have been included at cost. All of the fixed assets are used for direct charitable purposes. Page 15 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 11 Investments H19a H19b H21b YBA H21c YBA BUGB YBA High YBA Sale Sale of 108 Sale of Fixed Interest of Flats Birkby Hall Chapel Tem Trust Trust Road Trust Trust Deposit Account Account Account Account Account Total Total 2020 2019 At l January 2019 Income from Investrnents 9,618 16 4,932 22,088 37 59,015 36,319 131,972 99 463 623 111,213 759 Transfers Itollfrom NNRB Current Account with HSB 14951 14951 20.1 At 31 December 2019 9.634 4.940 22.125 59.114 36.287 132.IIK) 131.972 12 Debtors 2020 2019 Prepayment - insurance Tax recoverable from HMRC 2,449 2.374 9.021 Car Park charges debtors Legacy receivable frown executor 347 178,606 181.055 11.742 13 Bank and Building 50ci•ty Balances 2020 2019 HSBC Bank PLC 11.510 119 19,041 119 Leeds Building Society Reach Project Bank Balance Cash Balances 7.098 661 3.463 471 19.388 23.094 14 Cr•ditors-Amounts fallinE due wrthin one y•ar 2020 2019 Deferred Income 174 Deposits repayable for keys and fobs Accruals 1.157 1.147 2,560 1,168 3.717 2,489 Page 16 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 15 Endowment Funds At I january 2020 Increase in Insurance Valuatlon TransfeT Unrestricted Funds At31 December 2020 Incorning Resources Property Valuation 2,349.267 2.349.267 Revaluation Reserve 15.781 11,8511 13.930 YBA Endowment Fund H19a 9.618 16 9.634 2.374.666 16 11,8511 2,372,831 The Property Valuation represents the uplift to insurance value of the Church and Manse premises. The Revaluation Reserve represents the introduction of the Furniture and fixtures upon introduction to the balance sheet at 31 December 2tM14, adjusted for subsequent asset movements and releases in line with the deproclatlon pollcv. The YBA Endowment Fund represents the value of the property held. used to establlsh the work of the Church. Fixed Assets Investment Total 2020 Church Premises Church Manse Fumiture. Fixtures and Equipment YBA High Interest Trust Account 2,080,882 268.385 13.930 2,080,882 268.385 13.930 9.634 9.634 2,363,197 9,634 2,372,831 16 Restricted Funds At l January 2020 At31 December Incoming Resources Resources Expended 2020 YBA Property Fund 252,244 144 252.388 The YBA Property Fund represents the value of the property held in the past and sold off to realise funds, which must be used to finance other pemianent property or significant maintenance of existing property- Fixed Assets Investment Total 2020 Church and Manse premises YBA Sales of flats account 166.209 166.209 4,940 22.125 4,940 22.125 YBA Sale of 108 Birkby Hall Road account YBA Sales of Chapel account 59.114 86.179 59.114 252,388 166,209 Page 17 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 17 DesignJted Funds At l January 2020 Incoming Resources Resource5 Expended At 31 Decernber 2020 Communion Fund 280 308 588 Flower Fund 582 166 11851 563 Reach 3,536 7476 12.0221 14341 12711 8,990 BU Home Mission 170 266 BMS World Mission 146 125 Exercise Group 74 74 Billiards Club 212 160 12501 122 Open Doors 50 50 Royal British Legion Poppy Appe" 18 18 Christian Aid Christians &qainst Poverty 5,075 8.501 13,1621 10,414 All the abovè funds are unrèstrictèd, but are designatÈd to the following purposÈs.' Communion Fund represents monÈy to be appliÈd at the discrètion of the pastor for assistance of 5ndividuals in the fellowshSp. The Flower Fund represents money received to provide flowers on the Church premises. Reach receives rnoney to SUPFK)rt the work of the Church in respect of a5yIurn seekers. BMS World Mi55ion receives money contributed specifically for it5 work of mi55ion in foreign countries. BU Home Mission supports the work of other Baptist churches in UK. The Exercise Group provides social and physical activity for older foll but did not meet in 2020. The Billiards Club receives money from those participating to fund its activities. Open Door5 is a UK charity which wotk5 to 5UPPOrt church group5 overseas The Royal British Legion Poppy Appèal is a national appeal to support ex-servicemèn and women Christian Aid is a national charity which sUPPOrt5 development projects in the Third World Christians 4gainst Poverty is a UK charity which works to assist with debt management. Page 18 of22

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2020 18 Pensions

The Church is an employer participating in the Baptist Pension Scheme (“the Scheme”), which is a separate

legal entity administered by the Pension Trustee (Baptist Pension Trust Ltd). The assets of the Scheme are

held separately from those of the employer and the other participating employers.

The Scheme, previously known as the Baptist Ministers' Pension Fund, started in 1925 but was closed to

further accrual of defined benefits on 31 December 2011. Prior to this date, the main benefit provided

through the Defined Benefit (DB) Plan was a pension of one eightieth of Final Minimum Pensionable

Income for each year of Pensionable Service, together with additional pension in respect of premiums

paid on Pensionable Income in excess of Minimum Pensionable Income. Since 1 January 2012, benefits

have been provided through a Defined Contribution (DC) Plan.

A formal valuation of the DB Plan was performed at 31 December 2019 by a professionally qualified

actuary using the Projected Unit Method. At the valuation date the market value of the DB Plan's assets

was £298 million whilst the level of assets needed to pay benefits was £316 million, giving a deficit of

£18 million (equivalent to a past service funding level of 94%). The Church and the other participating

employers in the DB Plan are collectively responsible for funding this deficit. The next actuarial valuation

of the DB Plan within the Scheme is due to take place no later than as at 31 December 2022. As a result of the deficit, a schedule of contributions by participating employers has been agreed under

which the Church makes deficit contributions which are currently 12% of Pensionable Income. These contributions will increase in line with increases in Minimum Pensionable Income as agreed by the Baptist

Union. The schedule of contributions foresees these contributions continuing until 30 June 2026.

The Church has been advised that the estimated cost for the Church to buy out their Pension Scheme liabilities at 31 December 2020 was £50,600. (See note 19).

Page 19 of 22

19 Contingent Liability

The Church has a contingent liability in respect of the deficit in the BU Pension Scheme. The share of this

deficit which relates to its previous ministers as at 31 December 2020 was estimated by the BU Pension

Scheme at £50,600. This amount does not become payable immediately unless the Church ceases to be

a participating employer in the scheme. Whilst the Church has its minister as an employee of the

scheme, this debt is not payable. If in the future the Church does not have an employee as a member of

the scheme, then its share of the deficit will be crystallised under current UK pension legislation and will

need to be recorded in the accounts of the church and paid to the trustees of the BU Pension Scheme.

Page 20 of 22

NEW NORTH ROAD BAPTIST CHURCH

HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2020

20 Related charities

The custodian Trustee of the Church is The Baptist Union Corporation Limited which is registered as charity number 249635, and which is controlled by The Baptist Union Council.

The church is also a member of The Baptist Union of Great Britain and The Yorkshire Baptist Association.

During the year the Church made a donation to The Baptist Union Home Mission Scheme of £5,623 from the unrestricted fund (2019 £6,908).

Page 21 of 22

NEW NORTH ROAD BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORTTO THETRUSTEES OFNEW NORTH ROAD BAPTISTCHURCH HUDDERSFIELD I rewrt to tho trustoes on the accounts of New North Road Baptist Church Huddorsfiold for tho year ended 31 December 2020 which are set out or) page5 2 to 16. Respectl¥È rèsponslbilltles of trustees and ÈxamlnÈr The church's trustees are responsible for the preparation of the accounts. The church'5 trustees consider that an audit is not required for this year under section 144 of tho CharitiesAct 2011 (the Charities Act) and that an independent examination 15 needed. It is my reswnsibility to: examine the accounts under Section 145 of the Charitie5 Act,. followthe proceduros laid down in General Directions given by the Charity Commission LJndÈr soction 14515llbl of the Charities Act., and state whothÈr particular matters have come to my attèntion. Basis ol independent examineos report My examination was carried out in accordance with the General Directions given ￿ the Charity Commission. An Èxamination includÈs a review of tho actounting records kept by thÈ church and a comparison of tho accounts presented with those records. It also include5 consideration of any unusual items or disclosures in the account5. and Seeking explanatlQn5 from the tru5tee5 concerning any Such rnatters. The procedure5 undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion 15 given a5 to whether the accounts present a 'true and fair, view and the rew)rt Is lirnited to th05e matters set out in the Statement below. Ind•p•nd•nt •Mmin•rfs st•t•rn•nt Your attention 15 drawn to the factthat the charity has prepared the financial 5taternents in accordance with 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 IFRS 102) issued on 16 July 2014 and to the disclosure in note 8 reEardinE the fact that disc105ure5 have been made. a5 required by the SORP. in respect of aggregate donation5 rnade by the trustees. In connection with my examination, no material matter, except that referred to in the previous paragraF&, has como to my attention which gives me roasonablo causo to believe that. in any material respoct.. accounting records were not kept in accordance with Section 130 of the Charities Act. or the accounts do not accord with the accoLJnting records.. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charitie5 IAccount5 and Reportsl Regulations 2008 other than any requirement that the accounts give a 'true and fair view. which 15 not a matter considered as part of an indepedent examination. st1￿d Date Name Professional Qualiticat￿n Addr¢5$ 16th 5epiember 2021 Geoffrey Ad•ms FCCA The &Jnday School. Briestfield Road P4ge 17 Page 22 of22