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2021-12-31-accounts

ANNUAL REPORT FOR THE YEAR AND FINANCIAL STATEMENTS 1 January 2021 to 31 December 2021

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 8-20
INDEPENDENT EXAMINER’S REPORT 21

Trustees report for 2021

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 Town Centre

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, Mark Janes as chair of the trustees wants to record the gratitude of the church for the way the deacons as trustees have guided the church through the difficult and demanding days of the pandemic giving their utmost to the leadership and oversight of the church which they have done cheerfully and diligently throughout 2021. Each of the deacons makes a vital contribution and their strength is in what they do together but a particular word of thanks is recorded here to our acting treasurer Mr David Carrins.

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 look 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. The formal meeting of the church began again on Sunday 5[th] September 2021 on a monthly basis with the opportunity for people to contribute to the meeting via Zoom. The deacons were very mindful that the church as a whole had not been able to participate in some of the vital but necessary decisions, previously communicated through the distribution of regular pastoral letters. We were grateful we could welcome the return of the assembled church meeting, as well as live interaction via zoom where many more people can contribute to the conversation about the challenges and opportunities we face.

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 Page 2 of 21

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 and the early part of 2021 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

Following the second national lockdown in late 2020 the church continued to be closed through the early months of 2021. We continued to live-stream worship while the building remained closed and the minister wrote a pastoral letter every week and hosted a weekly prayer meeting on Zoom. The deacons endeavoured to sustain the pastoral oversight of the family of the church through their pastoral lists. The Farsi speaking community within the church was served by a weekly bible study that was also conveyed via zoom.

While continuing to be mindful of the risks presented by Covid the church was gradually reopened, with our first full service being at Pentecost with live stream from the church, recognising that some people would not feel confident about returning so soon. The roll out of the national vaccine programme transformed the situation people faced, giving hope that a return to ‘normal life’ would be possible but we recognised that many people were still vulnerable and this was reflected in the precautions that were taken in the church, especially around serving communion. 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.

As people began returning to church the minister’s video messages and the pastoral letter were discontinued but the zoom connection for services was retained.

As the church building began to reopen and regular users of the building also returned when some of our own activities started again including a fortnightly open-door café on Wednesdays with an informal bible study.

There was very little new activity in 2021, however plans were made for new events and activities in 2022, encouraged by the minister to flex our muscles gently, like someone learning to walk again after a severe accident,

Reach

There are two aspects to our Reach Ministry towards refugees and asylum seekers – Tuesday mornings and Sundays. Both have been affected by the lockdown. Our Tuesday morning drop in, operational for 20 years, was restarted in October. We began again to offer friendship, hot food, and English classes. However, during the lockdown we did keep in touch with many people and offered practical support when we could, including Tesco food vouchers from time to time. We all felt the isolation of lockdown but this was acute for friends who are in a strange land, traumatised by past experience, with no friends or family and often little knowledge of English. Huge thanks for all who give financial support and to our amazing group of volunteers, ten of us in all.

Our Sunday Farsi Bible study for our Iranian friends took place weekly over Zoom when we were not able to meet at church. This averaged about 15 to 20 friends weekly, including some friends who had been moved by the Home Office to places including Newcastle and Glasgow. Since November 2021 we have been meeting again at church after the service. These studies have been led by Dina Hanson-Schimmel, Edgar Khan, our minister, Mark, and me. Many of the songs we sing in our morning services are being

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translated on the screen into Farsi. We rejoice that many of our friends have come to faith in Jesus Christ and have been baptised. Thanks to Pudsey Baptist Church and other generous individuals who have given us money which is used towards the purchase of Bibles, Bible study materials, Christmas gifts and other expenses.

We thank God for the opportunities of ‘welcoming the stranger’ in the name of Christ, sharing Good News in word and deed. We are grateful for prayers and practical ways of support for our Reach ministry.

Ernie Whalley, chair of Reach Committee

Membership

There were no new members and no resignations in 2021. We remembered with thanksgiving to God four members who passed away this year, Connie Fawcett, Clive Goodyear, Eva Kennedy and Roy Lever.

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

Mrs Ingrid Daley was elected for a second term of three years and Mrs Leila Hanson retired with many thanks after two terms of six years. Mr Brian Fisher was elected for a first term of three years.

Thanks, are again reiterated to the previous secretary Gordon Morrison and assistant secretary Stewart Naylor for their services that were recognised through special gifts from members of the church.

A special thanks also to Sheila Selbie who stepped into the role of room booking secretary, increasing our income throughout the year with a gradual return from tenants and some welcomed new enquiries.

.

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NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD

ANNUAL REPORT OF THE TRUSTEES

YEAR ENDED 31 DECEMBER 2021

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 expenditure over income of £(28,369) 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 £290,041 (2020: £316,259) 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 6th October 2022 and signed on their behalf by:

Mr G Morrison

Trustee

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NEW NORTH ROAD BAPTIST CHURCH HUODERSFIELD STATEMENT OF FINANaAL AcfiviTIES YEAR ENDED 31 DECEMBER 2021 Total Total Note Unrestricted Endowment Re5trirted Designated 2021 2020 Income and endowments from: Donations and Legacies 45.350 48.296 238.260 Investments 361 371 623 Other 8.670 30 Totsl Income and Endowments 54.381 2,976 57,367 247,923 Expenditure On: Charitable Artivities 82.750 87.298 93,794 Totsl Expenditure 82.750 87.298 93,794 Net (expenditure) I Income 128,3691 11,5721 29,9311 154,129 Transfer Between Funds 1.951 11,8511 IILK)) other Recogni5ed Gainsl L055es Gains on Revaluation of propertie5 Net Movement in Funds 126,418 11,8501 11,6721 129,9311 154,129 Totsl Funds Brought forwaid 20a) 316,459 2,372,831 252,388 10,414 2,952,092 2.797,963 Total Funds carried forward 2021 2￿.041 2,370.981 252,397 ,742 2.922,161 2,952,092 All income and expenditure derives from continuing activities. The notes on page5 8 to 20 form part of these financial statements

NEW NOITH ROAD •APTIST¢IKIROI NUDDfASHELD IAL4KE SHEET YIAR INDEO 11 DEC£klbEI 2Q21 2021 2020 T•ryiW• Flx•d AM•ts io 2.614235 2.523,2é6 127,054 132,LC¢ 2.741289 2.7S5,366 Cbtef5 2.$94 181,055 C•sn èt BI￿•￿ 8ulkliw 13 182.C 19.388 184.6C¢ 2W.443 Crn&•N: l111Sr wlthin ye¥ 14 13.71n oin 196.726 P4•t 2,922 161 th•rtt4bt• Furds ijirosrrin•d Fjnds 2W.041 316.459 FJnds 15 2.370.981 1372.831 Rt51Tlcied FJn& 16 252.397 252388 D•sioatad lu. l7 a,742 IOA14 2,921161 2 952,092 tes cwi oaBe5 8 to 201offt p•rt ol T￿$• Ikw¢i•l 5t•Miis Th• Fi•rfs•l eTnefjts wr• •Jty¢4d •txI •JthfyTr5ed iS5iJè * th• fjty Ortokn2C22. C4fTi￿. * G Trot4• Page 7 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 I Summary of significant accounting policies la} General information and basis of preparation New North Road Baptist Church is a registered charity in the United Kingdom. The nature of the charity's operations a nd principal activitie5 are to promote the mission of the Church, this is detailed further in the trustees report. The charity constitutes a public benef it entity as def ined by FRS 102. The financial statements have been prepared 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 IFRS10212015, the Charities Act 2011 and UK Generally Accepted Practice as it applies from l January 2021. 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 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 f inancial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The f inancial statements are prepared in sterling which is the functional currency of the charity. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Ibl Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Endowment funds represent the value of property held, which is used to establish work of the church. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specif ic fund. The aim and use of each restricted fund IS set out in the notes to the f inancial statements. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Page 8 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

(c) Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

For donations to be recognised 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 income is deferred until those conditions are fully met or the fulfilment of 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 recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for 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 (FRS 102).

Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.

Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.

For legacies, entitlement is the 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 to 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 purposes. Interest income is recognised using the effective interest method.

Other income includes income such as gains on disposals of tangible fixed assets.

(d) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised 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 be measured reliably. It is categorised under the following headings:

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

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NEW NORTH ROAD BAPTIST CHURCH

HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021

(e) Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, and governance costs. They are incurred directly in support of expenditure on the objects of the charity and have therefore been allocated to expenditure on charitable activities on a basis consistent with use of the resources, along with the costs of ministry and mission grants paid.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. The analysis of these costs is included in note 5.

(f) Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

The church and manse premises 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 was £76,646. Any subsequent capital additions have been included at cost.

Depreciation is provided on all tangible 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 as follows:

Church properties Nil Furniture & fixtures 10% reducing balance Electronic equipment 33% straight line Church heating system 5% straight line

(g) Investments

Investment assets represent balances 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.

(h) Debtors and creditors receivable I payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

(i) Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

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NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 01 Tax The charity is an exempt charrty ￿thin the meaning of schedule 3 of the Charitres Act 2011 and Is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. (kl Golng con¢ern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of finds held and the expected level of income and expenditure for 12 month5 from authorising these f inancial statements. The budgeted income and expenditure is sufficient with the level of resetve5 for the charity to be able to continue a5 a going concern. 2 Donations and Leeacies Total Total Notes Unrestricted Endowment Restricted Designated 2021 2020 Collections AM 7,303 7.303 4,880 PM io io 361 Envelope5 Standing Orders Donations 5,045 5.045 6,820 25.455 25.455 23.tKK) -In memoriam and Legacies -General 2(M) 200 185.081 1,055 6,282 2.792 3.847 6.282 7,540 9,879 Tax Recovered on Gift Aid Other Collections receivable 154 154 699 Gift Day 45,350 2.946 48,296 238,260 Income from Donations and Legacies was £48,296 (2020 £238,260), of which £2,94612020 £8.2391 was attribLrted to designated funds and £45,35012020 £230.0211 attributed to unrestricted funds. 3 Investment Income Total Total Unrestricted Endowment Restricted Designated 2021 2020 Income from other investments 361 371 623 Other Interest Receivable 361 371 623 Income from Investments was £37112020 £6231. of which £36112020 E4631 was attributed to Un￿strICted funds. £112020 £161 to endowment funds and £912020 £1441 to restricted funds. Page 11 of 21

NEW NORTH ROAD BAvllsT CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 Total UnrestrictedEndowment Re5trictedDesignated 2021 Total 2020 Other Income Car Park rents Room Lettings Rental of Manse 1,099 6.897 1.099 6.897 6.439 Sundry Income 674 30 704 1.511 8,670 30 8.700 Other income was £8,7CQ {2020 £9.0401. of which £30 {2020 £2621 was attributed to designated funds and £8.67012020 £8,778) was attributed to unrestricted funds. Analysis of Expenditure on Charitable Activities Total NotesUnrestrictedEndowment RestrictedDesignated 2021 Total 2020 Ministry and other staff Pulpit / Preacher supplies Gas.water. Electricity & Phone Manse expense5 Cleaning Expen5e5 Administration. p05tage. printing Insurances 42.791 42.791 39,220 5.240 3.952 578 5,240 3.952 578 6,664 4.267 645 1.538 2,449 3.297 5.623 2.960 691 696 2,234 2,449 3.581 5.623 3.(K18 2.172 2,494 1.019 237 2,037 2,374 12,726 5,623 2,960 1,447 1.032 978 Repairs and Maintenance Baptist Union Home Missions BMS World Mission Youth & Other Outreach Work Sundries and Subscription5 CCL Music Copyright Music. microphone5 and laptOP5 Messy Church Accountancy charges Catering Conferences and training Donation..-CAP -other Other Collections Payable Depreciation of fixed assets 1,481 1.129 1.365 1.019 237 291 298 454 454 309 75 75 279 1,300 150 1.300 906 1,500 61 756 154 154 705 io 9.031 9.031 10.378 82.750 4.548 87,298 93.794 The basis of allocation of all the above expenditure is direct Expenditure on charitable activitie5 wa5 £87.298 12020 £93,794} of which £Nil12020 £Nill wd5 attributed to restricted funds. £4.54812020 £2,962} attributed to designated funds and £82,75012020 E90.8321 attrib￿ed to unrestricted funds. Page 12 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 6 Other Collections Collections Received Transfer to Paid out Designated Fund BMS World Mission 154 11541 BU Home Mission Communion Fund Royal British Legion Poppy Appeal Christians Against Poverty Christian Aid 154 11541 7 Analysis OF Grants Unrestricted Endowment Restricted Designated 2021 2020 Baptist Union Home Mission 5.623 5.623 5,623 BMS Wodd Mission 2,960 2,960 2.960 Christians Against Poverty 1.3LK) 1.3LK) 1,5(X) 9,883 9,883 10.083 8 Trust+•s' And k•y m•nae•m•nt ￿r$￿nn+1 r•mun•r•tion, <X￿n￿$ And trans*rtions ThÈ trusteès neither received nor waivèd any remuneration or expÈnses during the year12020.. £ Nil). ThÈ Trustèes did not have any Èxpenses rÈimbursed during the year12020.. £ Nill. The Key management personnel of the charity comprises the Secretary and Treasurer. neither of whom are employees and did not incur any employment costs. The Trustees 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 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 9 Staff Costs and employee Benefits The average number of employees and full time equivalent IFTEI during the year was as follows: 2021 2021 2020 2020 Number FTE Numbèr FTE Raising Funds Charitable Activities Governance The total staff costs and employee benefits were as follows: 2021 2020 Gross Salaries 33.435 31,073 Employers National Insurance Pension Contributions 8.469 6,624 Minister expenses Other expenses 887 1,523 42,791 39,220 Minister 36.534 33.341 Family Worker Cleaner 6.257 5,879 42,791 39,220 No employees received employee benefits lexcluding employer pension costs) of more than £60,OCK) The Church paid pension contributions for its fom)er Ministers to the Baptist Ministers. Pension Trust Limited, which is a final salary defined benefit scheme. The scheme is a multi-employer scheme. In accordance with FRS 17 the scheme is accounted for as a defined contribution scheme. See notes 18 and 19 for further details of the pension scheme. Page 14 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 10 T•ngible Fi¥ed Assets Properties Church Church Premises Manse Fumiture and Fixtures Church Heating system Electronic equipment Total Cost or Valuatlon At l January 2021 Disposals Additions Increase in Insurance valuation 2,3￿,609 268.385 128,389 8,593 75,647 2,781,623 At 31 December 2021 Cost 2.502 2.794 51.743 8.593 75,647 141.279 Valuation 2,298,107 265,591 76,646 2,640,344 Depre¢iation At I january 2021 Disposals Charge for the year 98.304 7.104 52.949 158.357 3.760 1,489 3.782 9.031 At 31 December 2021 102,064 8.593 56,731 167.388 Net Book Value At 310ecember 2021 2,3C(1,609 268.385 26,325 18,916 2,614,235 At 31 December 2020 2.300.609 268.385 30.085 1.489 22.698 2.623.266 The Church is the beneficial owner of the Church and Manse premises, the legal title to which Ss held by the Church'5 Custodian trustee IThe Bapt15t Union Corporation Ltdl- The Church and Manse premises are included at insurance value because reliable cost infomiation is not available and valuation would incur significant costs. Furniture and fixtures in the Church premises were introduced at insurance value in 2004 as £76,646. Any subsequent capital additions have been included at cost. All of thè fixed assets are used for direct charitsble purposes. Page 15 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 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 Term Trust Trust Road Trust Trust Dep051t Account Account Account Account Account Totsl Total 2021 2020 At l January 2021 Income from Investments 9,634 4,940 22,125 59,114 36,287 132,1 131,972 361 371 623 Transfers Itollfrom NNRB Current Account with HSB 15,OLK)I 14171 15,4171 4951 At 310ecember 2021 9,635 4,941 17,127 59,120 36,231 127,054 132.100 12 Debtors 2021 2020 Prepayment - insurance Tax recoverable from HMRC 2,594 2,449 Car Park charges debtors Legacy receivable from èxecutor 178.606 2,594 181,055 13 Bank and Building society Balances 2021 2020 HSBC Bank PLC 175,808 11,510 Leed5 Building Society Reach Project Bank Balance Cash Balances 119 119 5,298 781 7,098 661 182,006 19.388 14 Crediton Amounts falling due within one year 2021 2020 Deferred Income Deposits repayable for keys and fobs Accruals 1,197 2.531 1,157 2,560 3,728 3,717 Page 16 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 15 Endowment Funds Increase in Insurance Valuation Transfer Unrestricted Funds At31 December l January 2021 Incoming Resources 2021 Property Valuation Revaluation Resetve 2,349,267 2.349,267 13,930 11.8511 12,079 YBA Endowment Fund H19a 9,634 9,635 2.372.831 11.8511 2.370,981 The Property Valuation represents the uplift to insurance value of the Church and Manse premises. The Revaluation Reserve represents the introduction of the Fumiture and fixture5 upon introduction to the balance sheet at 31 December 21X)4. adjusted for subsequent asset movements and releases in line with the depreciation policy. The YBA EndoNvTnent Fund repre5ent5 the value of the property held, used to establish the wotk of the Church. Fixed Assets Investrnent Total 2021 Church Premises Church Manse Furniture, Fixtures and Equipment YBA High Interest Trust Account 2.080,882 268,385 12,079 2.080.882 268,385 12,079 9.635 9,635 2,361,346 9,635 2,370,981 16 Restricted Funds At l January 2021 At31 December Incoming Resources Resources Expended 2021 YBA Property Fund 252.388 252.397 The YBA Property Fund represents the value of the propety held in the past and sold off to realise funds. which must be used to finance other permanent property or significant maintenance of existing property. Fixed Assets Investment Total 2021 Church and Manse premises YBA Sales of flats account 166,209 166,209 4.941 4,941 22.127 YBA Sale of 108 Birkby H311 Road account YBA Sale5 of Chapel account 22.127 59,120 86.188 59,120 252,397 166,209 Page 17 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 17 Designated Funds At l January 2021 Incoming Resources Resources Expended At 31 December 2021 Communion Fund 588 Flower Fund 563 394 1613} 344 Reach 8,990 2380 13.733} 7.637 BU Home Mission BMS World Mission {48} Exercise Group 74 74 Billiards Club 122 (100) 22 Open Doors 50 50 Royal British Legion Poppy Appe- Christian Aid 18 18 Christians Against Poverty 10,414 2.822 14,494} 8.742 All the above funds are unrestricted. but are designated to the following purposes: Communion Fund represents money to be applied at the discretion of the pastor for assistance of individuals in the fellowship. The Flower Fund represents money received to provide flowers on the Church premises. Reach receives money to support the work of the Church in respect of asylum seekers. BMS World Mission receives money contributed specifically for its work of mission 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 folk, but did not meet in 2021. The Billiards Club receives money from those participating to fund its activities. Open Doors is a UK charity which works to support church groups overseas The Royal British Legion Poppy Appeal is a national appeal to SUPPOrt ex-servicemen and women Christian Aid is a national charity which supports development projects in the Third World Christians Against Poverty is a UK charity which works to assist with debt management. Page 18 of 21

NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 18 Pensions The Church 15 an employer participating in the Baptist Pension Scheme 1.the 5cheme"l. which is a Separate legal entity administered by the Pension Trustee (Baptist Pension Trust Ltd). The assets of the Scheme are held separatelyfrom those of the employer and the other participating employers. The Scheme. previously known asthe 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 promded through the Defined Benefit IDB} 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 excessof Minimum Pensionable Income, Since l January 2012, benefit5 have been provided through a Defined Contribution IDCI Plan. Aformal 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 isdue to take place no later than as at 310ecember 2022. As a result of the deficit. a schedule of contribution5 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 2021 was £33.ICO. (See note 19}. 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 2021 was estimated by the BU Pension Scheme at£33.IC(l. This amount does not become payable immediately unless the Church ceases to be a participating employer in the scheme. Whi15t the Church has its minister as an employee of the scheme, thi5 debt is not payable. If in the future the Church does not have an employee a5 a member of the scheme, then its share of the deficit will be crystallised under current UK pension legislation and will needto be recorded in the accounts of the church and paidto the trustees of the BU Pension Scheme. Page 19 of 21

NEW NORTH ROAD BAPTIST CHURCH

HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2021

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 (2020 £5,623).

Page 20 of 21

NEW NORTH ROAD BAPTIST CHURCH INDEPENDENTEXAMINER'S REPORTTO THE TRUSTEES OF NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD I report to the tru5tee5 on the accounts of New North Road Baptist Church HuddersField for the year ended 31 December 2021 which are Set out on page5 2 to 16. Re5P•rtiv• r•5pon5ibilities of tru5te•s 4nd 8￿miner The church's trustee5 are responsible for the preparation of the accounts. The church'5 tru5tee5 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 exatnination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act,. follow the procedures laSd down In General DirectSons glven by the Charlty Commlsslon under sectSon 14515llbl of the Charities Act; and state whether particular matters have come to my attentlon. Basis o+ independent examinerfs report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the church 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 matter5 set out in the ststement below. Independent examinees statement Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with Accounting and Reporting by Charitie5.' Statement of Recommended Practice applicable to charitie5 preparirbg their accounts in accordance with the Financial ReFK>rting Starbdard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 July 2014 and to the disclosure in note 8 regardirbg the factthat di5c105ure5 have rbot made, as required by the SORP. in re5PeCt of aggregate dorbation5 made kry the trustees. In connectSon with my examSnation, no material matter, except that referred to Sn the previous paragraph. has come to my attentlon which gSves me reasonable cause to belSeve that, in any material respect: accounting records were not kept in accordance with section 130 of the Charities Act,. or . the accounts do not accord with the accounting records; or the accounts do not comply with the applicable requirements concerning the form and content of accounts set C￿ in the Charities IAccounts and Reports) Regulations 2(K)8 other than any requirementthat the accounts give a 'true and fair view. which is not a matter considered as part of an indepedent examination. Signed Date Name Profe55ional Qualification Addre55 6th October 2022 GeoffreyAdam5 FCCA The Sunday School. Briesrfield Road Brie5rfield. Dew5bury. WF12 ONX