**ANNUAL REPORT FOR THE YEAR AND FINANCIAL STATEMENTS 1 January 2022 to 31 December 2022** |**CONTENTS**|**PAGES**| |---|---| |**AIMS, AFFILIATION, GOVERNANCE**|**2-3**| |**MINISTRY MEMBERSHIP PASTORAL AND WORSHIP**|**3-5**| |**CONCLUDING REMARKS, OFFICES, TRUSTEES**|**5-6**| |**FINANCE**|**7-23**| |**FINANCIAL REVIEW AND RESPONSIBILITIES**|**7**| |**STATEMENT OF FINANCIAL ACTIVITIES**|**8**| |**BALANCE SHEET**|**9**| |**NOTES TO FINANCIAL STATEMENTS**|**10-22**| |**INDEPENDENT EXAMINER’S REPORT**|**23**| **New North Road Baptist Church** ## **Trustees’ report for 2022** ## **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. We are a church with a heart for people in the heart of Huddersfield. ## **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 assist the deacons in their work, including a Finance and Property committee that meets at least quarterly. 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 and we are very glad that throughout 2022 we were again able to have face to face monthly church meetings 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. Page **2** of **23** **2022** Although coronavirus was still a real and present factor in 2022 the community of the church was able to move beyond the restrictions the national lockdowns had imposed. We employed some of the innovations from that time, for example meeting via Zoom when that was helpful. It has been good to gather people together and to plan some memorable events. Prior to Easter Sunday the typical number on a Sunday was between fifty and sixty people as some friends were hesitant about returning to public gatherings but numbers noticeably increased thereafter, nearly doubling to between ninety and a hundred and including an encouraging number of people who were new to the church. There were also more families with children which is especially good. The Junior church team has stepped up to the challenge of providing two sessions each month. The Girls group has also continued to meet and provide a happy and informal environment for these growing young people. It was also good to continue welcoming back longstanding activities in the building of the church and to see good and growing numbers of people at the gentle exercise class on a Monday and the OpenDoor café and informal Bible study on a Wednesday. Although we have largely returned to meeting in person our services are available online and our Wednesday prayer meeting has continued to meet online nearly every week. The life of prayer continues to be encouraged by our monthly prayer guide and the annual prayer goals that help focus our prayers in a hopeful way. The Billiards Club was also meeting for their first full season after the pandemic lockdowns as Greg Leach writes ‘To the delight of all involved, September 2021 saw the return of New North Road’s Men’s Institute to the Huddersfield Sunday Schools Billiards League after two seasons with no competitions held. Dusting off their cues for 21-22, the A and B Teams competed in the league. Some rusty play was displayed. Those that played commented and appreciated how it was great to be back playing again along with the camaraderie and good sportsmanship involved in playing cue sports.’ Among the events we celebrated this year was Nowruz. This celebration of the Iranian New Year in March was a joyful event that was prepared and explained by members of our Farsi speaking community. In Holy Week about forty people from New North Road shared in the Good Friday walk of witness through the town centre with neighbours from other churches in the Churches Together group. On Easter Day about twenty-five people met for breakfast. This was followed by a jubilant act of worship celebrating the resurrection of Jesus. 2022 was the year of Queen Elizabeth’s Platinum Jubilee and we celebrated with a street stall on the morning of her Jubilee celebrations and a street party. It was a little cold that day so the hall was opened up too. A notable part of our celebration was the showing of seventy slides for seventy years Page **3** of **23** which included photographs of people’s life events they contributed from the years of the Queen’s reign. Among other events that happened were opening the church for the Heritage Open Day in September when a small number of visitors came to see the building and discover more about our history. We also hosted the Baptist Theology North conference in June where there was an excellent presentation by Clara Rushbrook of Northern Baptist College about Creation theology as well as other fascinating papers presented by different participants. Over the summer two railway expeditions were arranged to Scarborough and York. These were popular days (despite problems with the trains) and enabled some people who might not have had the opportunity to go away for the day to share in discovering new places. In October we celebrated a Light party with fireworks, storytelling, good food and craft at New North Road in partnership with volunteers from the neighbouring churches in the Town Centre Churches Together group. This was a welcome alternative to Halloween and demonstrated our capacity to host and organise big events in a safe and flexible way and the value of partnership with other churches in Huddersfield. We were very glad that the Yorkshire Baptist Association arranged level 2 Safeguarding training which happened at New North Road when we welcomed people from other Baptist Churches in addition to nearly twenty of our own friends and members to share in this essential training. We also welcomed a number of visiting preachers including Saba Riaz, the YBA’s Farsi worker, who shared her moving testimony; Rev Nike Adebajo, our new regional minister following the retirement of Rev Clive Burnard; and Pastor Orlando Brown of the New Testament Church of God. We also shared with joy in baptising six people who shared their testimonies as they confessed their faith in Jesus Christ. These new believers are from Iran. We are mindful of the personal cost of following Jesus as they had to flee their homes and all they knew because of the danger they were in in their own country. The increasing numbers of people sharing in our worship presents new challenges and opportunities as we seek to include and integrate people of different cultures and languages and reflect this diversity in all we do together while retaining a sense of family and community in which everyone is known by name. Reach continues to be an essential expression of our love for our neighbours and the practical compassion of Christ. ## **Reach** Come on a Tuesday morning to NNR and you find a real buzz in the hall! It has been a joy to meet in person nearly every week throughout 2022, apart from public holidays. From 11 o’clock friends from Page **4** of **23** other lands come in and are made welcome. After they register, they are invited for tea and coffee and a good chat. If they are Arabic-speaking, Jean our interpreter is able to help. The group enjoy talking to each other too. Often Barry and Mehmet are present, trained advisors in helping them deal with practical matters such as education, housing, jobs and health services. Around 11.30, food is served by a great team, including some of our refugee friends who have great cooking skills. Then at 12 o’clock it is time for English and Bryn, regularly assisted by Linda, leads this session. The numbers coming on a Tuesday can vary between 15 to 40. None of this could happen without our loyal band of 12 volunteers. They are so committed and most of us are there every week. Huge thanks to them and all of the church who support us in prayer and in practical giving. Then we have a growing group of Iranians coming on Sunday mornings, and sometimes during 2022 this has grown to over a third of the congregation. You will see how we have tried to be more inclusive over the year in the use of Farsi and one of the Farsi songs is becoming a favourite across the congregation. We meet for Bible study after the service and also on Wednesdays. It is a privilege to hear their stories, often involving great hardship and persecution in the house churches of Iran. Saba, an Iranian pastor based in Birmingham, comes once a month and it is wonderful to see her speak directly in Farsi to the group as she leads worship and teaches. She also helps us as leaders – Dina, Mark, Eddie and myself –to understand more of Iranian culture and how we can best communicate the gospel. As you know, we had the joy of seeing a number of Iranian friends being baptised during 2022. This takes place only after our friends have been with us for some months, attended a baptismal course and undertaken a rigorous interview with confirmatory testimony. We rejoice in this growing ministry and thank you all for your prayers, your welcome to our Iranian friends on Sundays and your practical generosity. Special thanks to Pudsey Baptist Church in Leeds who, throughout 2022, have been giving us a financial donation every month towards this ministry. Rev Ernie Whalley Chair of Reach project. ## **Membership** In 2022 we welcomed twelve new members, three resigned and we wish them well in their new situations. We also marked with thanksgiving for their lives the passing of three members who died, Christine Matthews, Michael Western and Carole Bamforth. We started the year with 76 members and finished with 82. ## **Officers and Trustees** In December 2022 Christy Morakinyo resigned as a deacon. Leila Hanson was elected for a first term of three years. Gordon Morrison and Sheila Selbie were elected to serve for a second term of three years. The other deacons continuing to serve are Dave Carrins, Sandra Coulthard, Ingrid Daley, Brian Fisher and Mary Whalley. The chair of the deacons’ meeting observes and affirms with gladness that each of the deacons makes an essential contribution, offering their gifts and insight to the whole, serving diligently and giving Page **5** of **23** their time and attention in a sacrificial way. He would like to record his sincere thanks to them all. He would add a particular word of thanks to Mr Dave Carrins who serves as our acting treasurer. ## **In Conclusion.** 2022 was a busy and hopeful year in the life of New North Road Baptist Church. There is much to give thanks for and we offer our gratitude to God for continuing to sustain the worship and witness of our church as we seek to share the gospel of our Lord Jesus Christ. . Page **6** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **ANNUAL REPORT OF THE TRUSTEES** ## **YEAR ENDED 31 DECEMBER 2022** ## **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 £(19,239) 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 £270,802 (2021: £290,041) 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: • select suitable accounting policies and then apply them consistently; • observe the methods and principles in the Charities SORP 2015 (FRS 102); • make judgements and estimates that are reasonable and prudent; • state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 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 1[st] October 2023 and signed on their behalf by: Mr G Morrison Trustee Page **7** of **23** **NEW NORTH ROAD BAPTIST CHURCH** ## **HUDDERSFIELD** ## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2022** |Note
**Income and endowments from:**
Donations and Legacies
2
Investments
3
Other
4
**Total Income and Endowments**
**Expenditure On:**
Charitable Activities
5
**Total Expenditure**
**Net (expenditure) / Income**
Transfer Between Funds
**Other Recognised Gains / Losses**
Gains on Revaluation of properties
**Net Movement in Funds**
**Total Funds Brought forward 2021**
**Total Funds carried forward 2022**|Unrestricted
£
51,067
791
13,220
65,078
86,668
86,668
(21,590)
2,351
-
(19,239)
290,041
270,802|Endowment
£
-
5
-
5
-
0
5
(1,851)
-
(1,846)
2,370,981
2,369,135|Restricted
£
-
741
-
741
0
0
741
0
-
741
252,397
253,138|Designated
£
6,597
-
0
6,597
7,308
7,308
(711)
(500)
-
(1,211)
8,742
7,531|Total
Total
2022
2021
£
£
57,664
48,296
1,537
371
13,220
8,700
72,421
57,367
93,976
87,298
93,976
87,298
(21,555)
(29,931)
-
-
-
-
(21,555)
(29,931)
2,922,161
2,952,092
2,900,606
2,922,161| |---|---|---|---|---|---| All income and expenditure derives from continuing activities. The notes on pages 10 to 22 form part of these financial statements Page **8** of **23** NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD BALANCE SHEET YEAR ENDED 310ECEM8ER 2022 Note 2022 2021 Tangible Flxed Assets io 2.616,240 2,614.235 Investments li 208,431 127,054 2,824,671 2,741,289 Current Assets Debtors 12 3,019 2,594 Cash at Bank and Build4n¥ Society 13 77,340 182,006 80,359 184,600 Creditors.. Amounts falling due within one yeaf 14 14,4241 13,7281 Net Current (Liabilitle5llassets 75,935 180.872 Net Assets 2,900.606 2,922.161 Charitable Funds Unrestricted Funds 270,802 290,041 Endowment Furds Is 2.369,135 2,370,981 RestFlCted Funds 16 253,138 252,397 Designated Funds. 17 7,531 8.742 2,900,606 2,922,161 The notes on pages 4 to 16 form part of these financial Statements The FiNancial Statements were approved and authoT15ed foT issue by the tTU5tees on 1st Octobei 2023. Mr D Carrins- Treasurer Mr G Morrison - Trustee Page 9 of 23 ## **NEW NORTH ROAD BAPTIST CHURCH** ## **HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **1 Summary of significant accounting policies** (a) 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 and principal activities are to promote the mission of the Church, this is detailed further in the trustees report. The charity constitutes a public benefit entity as defined 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 (FRS102) 2015, the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2022 _._ 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 (FRS 102) 2015. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial 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. (b) 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 specific fund. The aim and use of each restricted fund is set out in the notes to the financial 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 **10** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **(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: • Costs of raising funds includes investment costs; • Expenditure on charitable activities includes costs of providing services and the payment of grants to the charities beneficiaries ; and • Other expenditure represents those items not falling into the categories above. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. Page **11** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **(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. Page **12** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **(j) Tax** The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. ## **(k) Going concern** 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 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. |**Donations and Legacies**
Notes UnrestrictedEndowment
£
£
Collections AM
8,954
-
PM
0
-
Envelopes
5,756
-
Standing Orders
24,808
-
Donations
-In memoriam and Legacies
2,227
-
-General
232
-
Tax Recovered on Gift Aid
9,090
-
Other Collections receivable
6
0
-
Gift Day
0
-
51,067
-|Restricted Designated
£
£
-
-
-
-
-
-
-
-
-
-
-
4,674
-
-
-
1,923
-
-
-
6,597|Total
Total
2022
2021
8,954
7,303
0
10
5,756
5,045
24,808
25,455
2,227
200
4,906
3,847
9,090
6,282
1,923
154
0
0
57,664
48,296| |---|---|---| ## 2 **Donations and Legacies** Income from Donations and Legacies was £57,664 (2021 £48,296), of which £6,597 (2021 £2,946) was attributed to designated funds and £51,067 (2021 £45,350) attributed to unrestricted funds. |**Investment Income**
UnrestrictedEndowment
£
£
Income from other investments
791
5
Other Interest Receivable
-
-
791
5|Restricted Designated
£
£
741
-
-
-
741
-|Total
Total
2022
2021
1,537
371
-
-
1,537
371| |---|---|---| ## 3 **Investment Income** Income from Investments was £1,537 (2021 £371), of which £791 (2021 £361) was attributed to unrestricted funds, £5 (2021 £1) to endowment funds and £741 (2021 £9) to restricted funds. Page **13** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** |||||||Total|Total| |---|---|---|---|---|---|---|---| |4|**Other Income**|UnrestrictedEndowment||RestrictedDesignated||2022|2021| |||£|£|£|£||| ||Car Park rents|977|-|-|-|977|1,099| ||Room Lettings|11,780|-|-|-|11,780|6,897| ||Rental of Manse|0|-|-|-|0|0| ||Sundry Income|463|-|-|-|463|704| |||13,220|-|-|-|13,220|8,700| Other income was £13,220 (2021 £8,700), of which £Nil (2021 £30) was attributed to designated funds and £13,220 (2021 £8,670) was attributed to unrestricted funds. ## 5 **Analysis of Expenditure on Charitable Activities** |||||||Total|Total| |---|---|---|---|---|---|---|---| ||NotesUnrestrictedEndowment|||RestrictedDesignated||2022|2021| |||£|£|£|£|£|£| |Ministry and other staff|9|41,980|-|-|-|41,980|42,791| |Pulpit / Preacher supplies||0|-|-|-|0|0| |Gas,water, Electricity & Phone||8,244|-|-|-|8,244|5,240| |Manse expenses||2,744|-|-|-|2,744|3,952| |Cleaning Expenses||491|-|-|-|491|578| |Administration, postage, printing||1,146|-|-|3|1,149|2,234| |Insurances||2,594|-|-|-|2,594|2,449| |Repairs and Maintenance||5,338|-|-|1,000|6,338|3,581| |Baptist Union Home Missions|7|5,623|-|-|-|5,623|5,623| |BMS World Mission|7|2,960|-|-|58|3,018|3,008| |Youth & Other Outreach Work||2,926|-|-|3,383|6,309|2,172| |Sundries and Subscriptions||748|-|-|760|1,508|2,494| |CCL Music Copyright||1,095|-|-|-|1,095|1,019| |Music, microphones and laptops||1,121|-|-|-|1,121|237| |Messy Church||0|-|-|-|0|0| |Accountancy charges||0|-|-|-|0|0| |Catering||694|-|-||694|454| |Conferences and training||611|-|-|38|649|75| |Donations-CAP|7|1,400|-|-|-|1,400|1,300| |-Other||0|-|-|-|0|906| |Other Collections Payable|6|0|-|-|2,066|2,066|154| |Depreciation of fixed assets|10|6,953|-|-|-|6,953|9,031| |||86,668|0|0|7,308|93,976|87,298| The basis of allocation of all the above expenditure is direct Expenditure on charitable activities was £93,976 (2021 £87,298) of which £Nil (2021 £Nil) was attributed to restricted funds, £7,308 (2021 £4,548) attributed to designated funds and £86,668 (2021 £82,750) attributed to unrestricted funds. Page **14** of **23** **NEW NORTH ROAD BAPTIST CHURCH** ## **HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 DECEMBER 2022** ## 6 **Other Collections** |BMS World Mission
BU Home Mission
Communion Fund
Ukraine
Moldova
Christian Aid|Collections
Received
£
287
-
101
625
910
-
1,923|Transfer to
Paid out Designated Fund
£
£
(287)
0
0
0
(88)
13
(550)
75
(1,141)
(231)
0
0
(2,066)
(143)| |---|---|---| ## 7 **Analysis Of Grants** |Unrestricted Endowment
£
£
Baptist Union Home Mission
5,623
-
BMS World Mission
2,960
-
Christians Against Poverty
1,400
-
9,983
-|Restricted
Designated
£
£
-
-
-
-
-
-
-
-|2022
2021
£
£
5,623
5,623
2,960
2,960
1,400
1,300
9,983
9,883| |---|---|---| ## 8 **Trustees' and key management personnel remuneration, expenses and transactions** The trustees neither received nor waived any remuneration or expenses during the year (2021: £ Nil). The Trustees did not have any expenses reimbursed during the year (2021: £ Nil). 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 is not possible to quantify the aggregate of these as required by the SORP. Page **15** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## 9 **Staff Costs and employee Benefits** The average number of employees and full time equivalent (FTE) during the year was as follows: ||2022|2022|2021|2021| |---|---|---|---|---| ||Number|FTE|Number|FTE| |Raising Funds|0|0|0|0| |Charitable Activities|2|1.3|2|1.3| |Governance|0|0|0|0| ||2|1.3|2|1.3| The total staff costs and employee benefits were as follows: |Gross Salaries
Employers National Insurance
Pension Contributions
Minister expenses
Other expenses
Minister
Family Worker
Cleaner|2022
2021
£
£
33,920
33,435
0
0
6,882
8,469
1,178
887
0
0
41,980
42,791
34,612
36,534
0
0
7,368
6,257
41,980
42,791| |---|---| No employees received employee benefits (excluding employer pension costs) of more than £60,000 The Church paid pension contributions for its former 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 **16** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** |10 **Tangible Fixed Assets**
**Cost or Valuation**
At 1 January 2022
Disposals
Additions
At 31 December 2022
Cost
Valuation
**Depreciation**
At 1 January 2022
Disposals
Charge for the year
At 31 December 2022
**Net Book Value**
At 31 December 2022
At 31 December 2021
Increase in insurance
valuation|Church
Premises
Church
Manse
£
£
2,300,609
268,385
-
-
-
2,226
-
-
2,502
5,020
2,298,107
265,591
-
-
-
-
-
-
-
-
2,300,609
270,611
2,300,609
268,385
Properties|Furniture
and
Fixtures
£
128,389
-
4,032
-
55,775
76,646
102,064
-
3,036
105,100
27,321
26,325|Electronic
equipment
£
8,593
-
-
-
8,593
-
8,593
-
-
8,593
-
-|Church
Heating
system
Total
£
£
75,647
2,781,623
-
-
2,700
8,958
-
-
78,347
150,237
-
2,640,344
56,731
167,388
-
-
3,917
6,953
60,648
174,341
17,699
2,616,240
18,916
2,614,235| |---|---|---|---|---| The Church is the beneficial owner of the Church and Manse premises, the legal title to which is held by the Church's custodian trustee (The 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 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 the fixed assets are used for direct charitable purposes. Page **17** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## 11 **Investments** |**Investments**|**Investments**|||||| |---|---|---|---|---|---|---| |£
At 1 January 2022
9,635
Income from Investments
88
Transfers (to)/from NNRBC
0
Current Account with HSBC
0
At 31 December 2022
9,723
H19a
YBA High
Interest
Trust
Account||£
4,941
45
0
0
H19b
YBA Sale
of Flats
Trust
Account|£
17,127
156
0
0
H21b YBA
Sale of 108
Birkby Hall
Road Trust
Account|£
59,120
540
0
0
H21c YBA
Sale of
Chapel
Trust
Account|£
36,231
708
79,840
0
BUGB
Fixed
Term
Deposit
Account|Total
Total
2022
2021
£
£
127,054
132,100
1,537
371
79,840
(5,417)
0
0
208,431
127,054| ||9,723|4,986|17,283|59,660|116,779|| ## 12 **Debtors** |Prepayment - insurance
Tax recoverable from HMRC
Car Park charges debtors
Legacy receivable from executor
**Bank and Building society Balances**
HSBC Bank PLC
Leeds Building Society
Reach Project Bank Balance
Cash Balances|2022
2021
£
£
3,019
2,594
0
0
0
0
0
0
3,019
2,594
2022
2021
£
£
73,887
175,808
119
119
2,614
5,298
720
781
77,340
182,006| |---|---| ## 13 **Bank and Building society Balances** ## 14 **Creditors:Amounts falling due within one year** |14|**Creditors:Amounts falling due within one year**||| |---|---|---|---| |||2022|2021| |||£|£| ||Deferred Income|180|0| ||Deposits repayable for keys and fobs|1,297|1,197| ||Accruals|2,947|2,531| |Page|**18**of**23**||| |||4,424|3,728| ## **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## 15 **Endowment Funds** |**Endowment Funds**||||||| |---|---|---|---|---|---|---| ||At||Increase in||Transfer|At 31| ||1 January|Incoming|Insurance||Unrestricted|December| ||2022|Resources|Valuation||Funds|2022| ||£|£|£||£|£| |Property Valuation|2,349,267|0|-||-|2,349,267| |Revaluation Reserve|12,079|-|-||(1,851)|10,228| |YBA Endowment Fund H19a|9,635|5|-||0|9,640| ||2,370,981|5||0|(1,851)|2,369,135| 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 2004, adjusted for subsequent asset movements and releases in line with the depreciation policy. The YBA Endowment Fund represents the value of the property held, used to establish the work of the Church. |Church Premises
Church Manse
Furniture, Fixtures and Equipment
YBA High Interest Trust Account
16 **Restricted Funds**
YBA Property Fund|At
1 January
2022
£
252,397|Fixed Assets
£
2,080,882
268,385
10,228
-
2,359,495
Incoming
Resources
£
741|Investment
Total 2022
£
£
-
2,080,882
-
268,385
-
10,228
9,640
9,640
9,640
2,369,135
At 31
Resources
December
Expended
2022
£
£
0
253,138| |---|---|---|---| 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 permanent property or significant maintenance of existing property. ||Fixed Assets|Investment|Total 2022| |---|---|---|---| ||£|£|£| |Church and Manse premises|171,209|-|171,209| |YBA Sales of flats account|-|4,986|4,986| |YBA Sale of 108 Birkby Hall Road account|-|17,283|17,283| |YBA Sales of Chapel account|-|59,660|59,660| ||171,209|81,929|253,138| Page **19** of **23** **NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** |17
**Designated Funds**
At 1 January
2022
£
Communion Fund
588
Flower Fund
344
Reach
7,637
BU Home Mission
2
BMS World Mission
0
Appeal for Ukraine
0
Appeal for Moldova
0
Exercise Group
74
Billiards Club
22
Open Doors
50
Royal British Legion Poppy Appea
18
Christian Aid
5
Christians Against Poverty
2
8,742|Incoming
Resources
£
101
730
3320
0
345
625
910
326
240
0
0
0
0
6,597|Resources
At 31 December
Expended
2022
£
£
(88)
601
(616)
458
(4,568)
6,389
0
2
(345)
0
(550)
75
(1,141)
(231)
(400)
0
(100)
162
0
50
0
18
0
5
0
2
(7,808)
7,531| |---|---|---| 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. 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 **20** of **23** NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD NOTES TO THE FINANaAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 18 Pensions The Churth is an emplcyer part1cl￿Ir￿ in the Bapt￿t Pension Scheme ("th￿ s￿me°), whith is a separate legal entwty administered by the Pension Trustee IBaptist Pension Trust Ltd). The assets of the Scheme are held Separate￿ from those of the employer and the other partbcipating employers. The Scheme, previously known as the Baptist Mini5ter5' Pension Fund, stsrted in 1925 Lxrt was closed to hjrther accrual of defined benelits on 31 December 2011. Prior to this date. the main ber*fit provided through the Defined Benefit IDBI Plan was a pension of one eightieth of Final Minimum Pensionable IrKome for each year of Pensionable Service. together with addrtional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Inccrfne. Since ljanuary 2012, berEffts kkive been provided through a Deth'ned COntributs'c￿ (DCI Plan. A f￿rnal valuation of DB Plan v￿S performed at 31 December 2019 by a professionally qualrfied actuary using the Projerted Unit Method. At the valuation date the market value of the DB Plan's assets was £298 million whibt the level of assets needed to pay benefits was £316 million. gNing a deficit of £18 million lequNalent to a past seThryce funding le￿1 of 94Y•l. The Church and the other participating emplryers in the DB Plan are collectivety responsible for funding this deficit. However, after some favourable market movements in recent months, stt*me is no longer in deficit and trustee has agreed a IxJ*in arrangement with 'Just' who will take over reswnsibilty for paying ￿nefits to members. Although tPEse arrangements still need to be finalised and there is still some risk of addrtional costs, for now there is rm) longer a C05t for the church to buy out their PenSiC￿ Scheme liabilits'es. Because of the deficit at the 2019 valuation, a schedule of contributicffis by participating emFd(wers vrds agreed under which the Church made deficit contributions of 12Yo of Pensionable Income. However. as the defictt has been eradicated these contributions were reduced to a nominal £1 per month in ju￿ 2022. 19 Contingent Liability The Church no longer has a contingent liabilrty in respect of the deficit in the BU Penslon Scheme as the scherne moved into a surplus situation and has agreed a buy-in arrdngement wth 'Just'. which will see liabilrty for paying pensions become the responsibilrty of 'Just' once the arrangements are finalised. Page 21 of 23 **NEW NORTH ROAD BAPTIST CHURCH** ## **HUDDERSFIELD** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 DECEMBER 2022** ## **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 (2021 £5,623). Page **22** of **23** NEW NORTH ROAD BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THETRUSTEES OF NEW NORTH ROAD BAPTIST CHURCH HUDDERSFIELD I report to the trustees on the accounts of New North Road Baptist Church Huddersfield for the year ended 31 December 2022 which are set out on pages 2 to 16. Respective responslbilities of trustees and examlner The church's trustees are respOnS￿bIe for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ithe Charbties Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act,. follow the procedures laid down in General Directions given by the Charrty Commi55ion under section 14515llbl of the Charities Act,. and State whether particular matters have come to rny attention. Basis of Sndependent emaminerfs report My examination was carried out in accordance with the General Directions given by thè Charity Commission. An examination include5 a review of the accountit7g records kept by the church and a comparisoft of the accounts presented with those records. It also includes consideration of any unusual itefns or disclosure5 It) the accounts, an( 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 eonsequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limiced to those matters Set out in the statement below. Independent examiner's statement Your attentson is drawn to the fact that the tharity has prepared the fsnancial statements in accordance with Accounting and Reporting by Charities.. staten￿nt of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on 16 JUW 2014 and to the disclosure in note 8 regarding the fact that disclosures have not been made, as required by the SORP, in respect of aggregate don3tions made by the trustees. In connection with my examination, no material matter, except that referred to in the previous paragraph, has comt to my attention which gives me reasonablè cause to believe 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 ou in the Charities (Accounts and Reports) Regulations 2D08 other than any requirement that the accounts give a'true and fair view, which is not a matter considered 35 part of an indepedent exarnination. Signed Date Name Professional Qualification Address 1st Ottober 2023 Geoffrey Adams FCCA The Sunday School, Briestfield Road Briestfield, Dewsbury, WF12 ONX Page 23 of 23