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|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.....||
|---|---|---|---|---|---|---|---|---|---|---|
|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|
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|||||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||||||||||
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|||||||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|
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|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||
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|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||
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|Trustee costs|Trustee costs||||||
|---|---|---|---|---|---|---|
|Unrestricted||Designated|Restricted|Endowment|2022|2021|
|Expenses|||||0|0|
|Total|||||0|0|
|Average number ofemployees|during the year: 4||||||
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|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|
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