| REFERENCE AND ADMINSTRATION | REFERENCE AND ADMINSTRATION | REFERENCE AND ADMINSTRATION | REFERENCE AND ADMINSTRATION | DETAILS | OF TI-IE CHARITY, IT'S TRUSTEES, AND ADVISERS..... | OF TI-IE CHARITY, IT'S TRUSTEES, AND ADVISERS..... | OF TI-IE CHARITY, IT'S TRUSTEES, AND ADVISERS..... | OF TI-IE CHARITY, IT'S TRUSTEES, AND ADVISERS..... | OF TI-IE CHARITY, IT'S TRUSTEES, AND ADVISERS..... | |
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| TRUSTEES' REPORT. | ||||||||||
| Objectives and Activities | ||||||||||
| a.Policies and objectives. .................... | ||||||||||
| b. Activities for achieving | objectives . . | |||||||||
| c.Volunteers. ..... | ||||||||||
| Achievements and performance. |
||||||||||
| a. Review ofactivities. | ||||||||||
| Financial review .. |
||||||||||
| a.Going concern. | ||||||||||
| b. General, Building and |
Development | and Enlarging | our Tent (formerly | New Build) Funds ..... | ||||||
| c.Reserves policy . | 10 | |||||||||
| d. Pensions. . | 10 | |||||||||
| e.Principal funding. | 10 | |||||||||
| Structure, governance and |
management | 10 | ||||||||
| a.Constitution .. | 10 | |||||||||
| b. Method ofappointment | or election | ofTrustees | ..... | ....10 | ||||||
| c.Organisational structure |
and decision making. | 10 | ||||||||
| d. Risk management. | ||||||||||
| e. Principal activities. | ||||||||||
| Plans for future periods. ..... | ||||||||||
| a. Future developments | ..... | |||||||||
| Trustees' responsibilities statement . |
12 | |||||||||
| Report ofthe Independent | Examiners to the Trustees | and Members | of KBC | 13 | ||||||
| Statement offinancial activities | for the year ended 30 | September 2022. . . | 14 | |||||||
| Balance Sheet for Year Ending | 30September 2022.. | 15 | ||||||||
| Notes to the financial statements | for year ending 30September 2022.. | ... 16 | ||||||||
| 1. | Accounting policies. |
16 | ||||||||
| 2. | Donations &legacies |
receipts. | 17 | |||||||
| 3. | Investments ......................... .. |
17 | ||||||||
| 4. | Church activities. | 17 | ||||||||
| S. | Other receipts. | 18 | ||||||||
| 6. | Analysis ofgrants. ..... | ....18 | ||||||||
| 7. | Analysis of support costs. | 19 | ||||||||
| 8. | Direct costs. | 19 | ||||||||
| 9. | Staff costs and Trustees' | expenses. | 19 | |||||||
| Page 3of24 |
| 10. | Governance costs. | 20 | ||
|---|---|---|---|---|
| 11. | Gross transfer between funds. | 21 | ||
| 12. | Tangible assets —analysis ofopening | and closing carrying amounts. | 21 | |
| 13. | Cash at bank in hand | 22 | ||
| 14. | Restricted Funds. |
22 | ||
| 15. | Unrestricted Funds. |
23 | ||
| 16. | Designated Funds. |
23 | ||
| 17. | Analysis ofnet assets between | funds | ..... | .23 |
| 18. | Pensions. | .23 | ||
| 19. | Children and youth clubs' accounts |
.24 |
| Unrestricted | Designated | Restricted | Endowment | TOTAL | TOTAL | ||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | 2022 | 2021 | ||||
| note: | |||||||||
| Receipts | |||||||||
| Donations and |
147,033 | 25,571 | 41,049 | 213,653 | 234,778 | ||||
| legacies | |||||||||
| Investment | 1,070 | 1,070 | 365 | ||||||
| income | |||||||||
| Church activities | 350 | 1,100 | 1,450 | 0 | |||||
| Other receipts | 1,527 | 0 | 1,527 | 5,008 | |||||
| Total | 149,980 | 25,571 | 42,149 | 0 | 217,700 | 240,151 | |||
| Payments | |||||||||
| Charitable | 6-10 | (101,118) | (27,568) | (2,650) | 0 | (131,336) | (223,836) | ||
| activities | |||||||||
| Total | (101,118) | (27,568) | (2,650) | 0 | (131,336) | (223,836) | |||
| Net Income | / | 48,862 | (1,997) | 39,499 | 0 | 86,364 | 16,315 | ||
| (expenditure) | |||||||||
| Transfer | 11 | (30,000) | 30,000 | ||||||
| between funds |
|||||||||
| Other recognised | |||||||||
| gains (loses) | |||||||||
| net gains(loses) | 12 | 3,591 | 3,591 | 1,199 | |||||
| on the | |||||||||
| revaluation | of | ||||||||
| fixed assets | |||||||||
| Net movement | 22,453 | 28,003 | 39,499 | 0 | 89,955 | 17,514 | |||
| in funds | |||||||||
| Reconciliation | of | ||||||||
| funds | |||||||||
| Totals funds | 17- | 640,450 | 39,722 | 55,676 | 0 | 735,848 | 718,335 | ||
| brought forward |
19 | ||||||||
| Total funds | 662,903 | 67,725 | 95,175 | 0 | 825,803 | 735,849 | |||
| carried forward |
| Total Funds | Total Funds | ||||||
|---|---|---|---|---|---|---|---|
| note: | 2022 | 2021 | |||||
| Fixed Assets: | |||||||
| Tangible assets | 12 | 588,625 | 585,034 | ||||
| Total fixed | assets | 588,625 | 585,034 | ||||
| Current assets: | |||||||
| Debtors | 13 | 0 | 0 | ||||
| Cash at bank in hand | 14 | 237,178 | 150,815 | ||||
| Total current | assets | 237,178 | 150,815 | ||||
| Liabilities: | |||||||
| Creditors: amount | falling due within one year | 15 | |||||
| Net current assets or liabilities | 237,178 | 150,815 | |||||
| Total assets | less current liabilities | 825,803 | 735,849 | ||||
| Creditors: amount | falling due after more than one | 16 | |||||
| year | |||||||
| Net assets or liabilities excluding | pension asset | or | 825,803 | 735,849 | |||
| liability | |||||||
| Defined benefit pension scheme | asset or liability | 21 | (79,841) | ||||
| Total net assets or | liabilities | 825,803 | 656,008 | ||||
| Charity Funds | |||||||
| Restricted funds | 20 | 95,175 | 55,676 | ||||
| Unrestricted funds |
(inc fixed | assets f588,625) | 20 | 662,903 | 640,450 | ||
| Designated funds |
20 | 67,725 | 39,723 | ||||
| Total unrestricted | funds | 730,628 | 680,173 | ||||
| Total charity | funds | 825,803 | 735,849 |
| 5. Other receipt |
s | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | ||||
| Rental income received | 0 | 150 | |||||||
| HMRC Furlough | payments | 0 | 2,358 | ||||||
| CH windows grant |
0 | 2,500 | |||||||
| Project 58:7(CTB) | 794 | 794 | 0 | ||||||
| Small Groups books | 443 | 443 | 0 | ||||||
| Car Park Permits | 240 | 240 | 0 | ||||||
| Fence Panel | 50 | 50 | 0 | ||||||
| Total | 1,527 | 0 | 1,527 | 5,008 | |||||
| 6. Analysis ofgrants |
|||||||||
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | ||||
| Baptist Missionary | 7,000 | 7,000 | 6,000 | ||||||
| Society | |||||||||
| Baptist Union (GB) | 6,000 | 6,000 | 6,000 | ||||||
| Home Mission | |||||||||
| Cry in the dark— | 2,537 | 174 | 2,711 | 1,500 | |||||
| Romania | |||||||||
| EARE Ministries | —India | 2,000 | 2,000 | 1,250 | |||||
| Grace to Heal | 2,150 | 50 | 2,200 | 1,200 | |||||
| (Zimbabwe Pastors) |
|||||||||
| LAMA Ministries | 2,147 | 59 | 2,206 | 1,200 | |||||
| Wycliffe Bible | 1,200 | 1,200 | 1,200 | ||||||
| Translators | |||||||||
| Leprosy Mission | 500 | 500 | 0 | ||||||
| Release International | 20 | 20 | 30 | ||||||
| Winter Gardens | BC | 2,000 | 2,000 | 0 | |||||
| World Vision | 274 | 274 | 274 | ||||||
| St Lukes | 0 | 50 | |||||||
| Barnabus Fund |
500 | 500 | 0 | ||||||
| Open Bridge Ministry | 500 | 500 | 0 | ||||||
| School Team Ministry | 0 | 1,000 | |||||||
| Love Purflect | 1,000 | 1,000 | 1,000 | ||||||
| Romania Shoe Box | 520 | 520 | 0 | ||||||
| Youth for Christ | 87 | 87 | 0 | ||||||
| (Basildon) | |||||||||
| Project 58:7 | 80 | 80 | |||||||
| Barnabas Fund |
10 | 10 | |||||||
| (Ukraine) | |||||||||
| BMS - I will stand |
470 | 470 | |||||||
| Total | 274 | 27,534 | 1,470 | 0 | 29,278 | 20,704 |
| 7. Analysis ofsupport |
costs | ||||||||||
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | ||||||
| Administration | 475 | 34 | 509 | 454 | |||||||
| Legal 8 Professional | 0 | 0 | |||||||||
| Total | 475 | 34 | 0 | 0 | 509 | 454 | |||||
| Administration =ChurchSuite |
fee and website | fee; bank | charges | for international | payments | ||||||
| Legal &Professional | =Architect | fees | |||||||||
| 8. Direct costs |
|||||||||||
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | ||||||
| Administration | 5,705 | 5,705 | 2,404 | ||||||||
| Children and Youth |
473 | 681 | 1,154 | 1,456 | |||||||
| Evangelism | 0 | 0 | 0 | ||||||||
| Fabric | 8,653 | 8,653 | 4,740 | ||||||||
| Utilities | 3,339 | 3,339 | 2,638 | ||||||||
| Insurance | 1,989 | 1,989 | 3,545 | ||||||||
| Manse & Ministry | 14,701 | 14,701 | 29,329 | ||||||||
| Hospitality 8 Catering |
1,086 | 1,086 | 158 | ||||||||
| Pastoral | 434 | 227 | 661 | 490 | |||||||
| Public Worship | 1,623 | 1,623 | 1,322 | ||||||||
| Social Action | 294 | 294 | 273 | ||||||||
| Teaching and Training | 309 | 309 | 599 | ||||||||
| World Mission | 61 | 61 | 0 | ||||||||
| Tuesday Jubilees | 0 | 200 | 200 | 0 | |||||||
| (Tesco Bags) | |||||||||||
| Student Fees for | 9,283 | ||||||||||
| Ministerin Training |
|||||||||||
| Mortgage repayments |
52,179 | ||||||||||
| Church house | 5,750 | ||||||||||
| windows | |||||||||||
| Small Group Group | 734 | 734 | |||||||||
| material | |||||||||||
| English Lessons |
0 | 72 | 72 | 0 | |||||||
| Live Stream costs | 1,062 | 1,062 | 3,560 | ||||||||
| Total | 40,463 | 0 | 1,180 | 0 | 41,643 | 117,726 | |||||
| 9. Staff costs and | Trustees' | expenses | |||||||||
| Staff costs | |||||||||||
| Unrestricted Designated |
Restricted | Endowment | 2022 | 2021 | |||||||
| Salaries | 47,625 | 47,625 | 67,829 | ||||||||
| National Insurance |
318 | 318 | 1,636 | ||||||||
| employer | |||||||||||
| Pension Costs | 11,519 | 11,519 | 14,962 | ||||||||
| Total | 59,462 | 0 | 59,462 | 84,427 | |||||||
| Page 19of24 |
| Trustee costs | Trustee costs | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | |
| Expenses | 0 | 0 | ||||
| Total | 0 | 0 | ||||
| Average number ofemployees | during the year: 4 |
| 11.Gross transfer between | funds | funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2022 | 2021 | |||
| Transfer from Student | 0 | (5,847) | ||||||
| Loan to General | ||||||||
| Transfers to General | 5,847 | |||||||
| from Student Loan |
||||||||
| Transfers from General | (30,000) | (30,000) | (10,000) | |||||
| to Enlarging our Tent | ||||||||
| Transfers to Enlarging | 30,000 | 30,000 | 10,000 | |||||
| our Tent | ||||||||
| Transfer from Building | 0 | (11,595) | ||||||
| Fund to Enlarging our |
||||||||
| Tent | ||||||||
| Transfer to Enlarging | 0 | 11,595 | ||||||
| our Tent from Building | ||||||||
| Fund | ||||||||
| Total | (30,000) | 30,000 | ||||||
| 12.Tangible assets —analysis | ofopening | and closing carrying amounts | ||||||
| freehold | land | Fixtures, | Total 2022 | Total 2021 | ||||
| and buildings | fittings and | |||||||
| equipment | ||||||||
| Cost or valuation | ||||||||
| At beginning ofyear | 582,182 | 11,550 | 593,732 | 583,835 | ||||
| Additions | 11,024 | 11,024 | 2,150 | |||||
| Disposals | (49) | (49) | 0 | |||||
| At end ofyear | 582,182 | 22,525 | 604,707 | 585,985 | ||||
| Depreciation and impairments |
||||||||
| At beginning ofyear |
8,698 | 8,698 | 0 | |||||
| Additions | 7,433 | 7,433 | 951 | |||||
| Disposals | (49) | (49) | 0 | |||||
| At end ofthe year | 0 | 16,082 | 16,082 | 951 | ||||
| Net book value at beginning | ofyear | 582,182 | 2,852 | 585,034 | 583,835 | |||
| Net book value at end ofthe | year | 582,182 | 6,443 | 588,625 | 585,034 |
| 15.Unrestricted | 15.Unrestricted | Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| 01-Oct-21 | Receipts | Payments | Transfers | 30-Sep-22 | ||||
| General | Fund | 55,416 | 149,980 | -101,118 | -30,000 | 74,278 | ||
| Manse Properties | and assets | 585,034 | 6,399 | 591,433 | ||||
| Total | 640,450 | 149,980 | -101,118 | -23,601 | 665,711 | |||
| 16.Designated | Funds | |||||||
| 01-Oct-21 | Receipts | Payments | Transfers | 30-Sep-22 | ||||
| Enlarging | our Tent Fund | 34,596 | 0 | 0 | 30,000 | 64,596 | ||
| Mission | fund —Grant paym'ts | 5,127 | 25,571 | (27,568) | 3,129 | |||
| 0 | 0 | 0 | 0 | |||||
| Total | 39,723 | 25,571 | (27,568) | 30,000 | 67,725 |