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|Stateme|nt<br>of Financia|l<br>|Ac|tivitie|s for th|e year ended|31 Decembe|31 Decembe|r 2020|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Designated||Restricted|Total Funds|Total Funds|
|||||||Funds|Funds||Funds|2020|2019|
|Income|from:|||||||||||
|Donations|and legacies|||||||||||
||Regular Offerings|||||152,497||||152,497|167,546|
||Special Gifts 8 Legacies|||||1,967|21,396||1,569|24,932|12,735|
||Yhankoffering|||||||930||930|10,031|
||Gift Aid recoverable|||||27,933|2,921||260|31,114|37,578|
|Charitable|activities|||||284||||284|2,240|
|Investments<br>- bank interest||||||502||||502|1,580|
|Other||||||||||||
||Use of property|||||34,013||||34,013|21,959|
||Repayments|||||277||||277|186|
||Government<br>furlough||schemes|||1,102||||1,102||
|Total||||||218,575|25,247||1,829|245,651|253,855|
|Expenditure<br>on:||||||||||||
|Charitable|Activities|||||||||||
||Local Ministry|||Note 3||162,471|91,098|||253,569|214,897|
||Support Costs|||Note|4|11,998||||11,998|15,398|
||Grants payable:|||||||||||
||National<br>Mission|||Note|5|11,116||||11,116|10,220|
||World Mission|||Note|5|18,623|||2,007|20,630|15,871|
||Future Mission|||Note|5|||||||
||Thankoffering<br>&Special|||Note|5||3,252||262|3,514|10,303|
|Total||||Note|6|204,208|94,350||2,269|300,827|266,689|
|Net Income/(expenditure)||||||14,367|(69,103)||(440)|(55,176)|(12,834)|
|Transfers|between<br>Funds|||||(19,332)|19,332|||||
|||||||(4,965)|(49,771)||(440)|(55,176)|(12,834)|
|Other recognised<br>Gains/(losses):||||||||||||
|Actuarial gains/(losses)<br>on defined <br>schemes|||benefit pension|||20,000||||20,000||
|Gain/Loss|on Fixtures,<br>Fittings|&|Equipment||written|||||||
||offor revalued||||||||||261 681|
|Net Movement<br>in Funds||||||15,035|(49,771)||(440)|(35,176)|248,847|
|Reconciliation<br>offunds:||||||||||||
|Total Funds Brought Forward||||||||||||
|||Notes||15, 16|& 17|98,080|2,134,167||3,512|2,235,759|1,986,912|
|Total Funds Carried Forward||||||||||||
|||Notes||15, 16& 17||113,115|2,084,396||3,072|2,200,583|2,235,759|





## 

||||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Notes|||
|Fixed Assets:|||||||||||
||Tangible|Fixed Assets|||||Note 11||2,070,807|2,122,226|
|Current|Assets:||||||||||
||Debtors||||||Note 12||31,114|35,578|
||Cash at bank and||in hand||||Note 13||222,073|206,617|
|||||Total current assets|||||253,187|242,195|
|Liabilities:|||||||||||
|Creditors:|amounts<br>falling due||within||1 year||Note 14||(23,411)|(8,662)|
|||||Net current||assets or|liabilities||229,776|233,533|
|||||Total assets||less current||liabilities|2,300,583|2,355,759|
|Creditors:|amounts<br>falling due||after more than|||one year|Note 14||||
|Provisions|for liabilities||||||||||
|Net assets or liabilities<br>excluding|||||pension|asset or|liability||2,300,583|2,355,759|
|Defined benefit pension scheme asset or||||||liability|||(100,000)|(120,000)|
|Total net assets||orliabilities|||||||2,200,583|2,235,759|
|The funds ofthe||charity:|||||||||
||Unrestricted|||||Note 15|||113,115|98,080|
||Designated|||||Note 16|||2,084,396|2,134,167|
||Restricted|||||Note 17|||3,072|3,512|
||||||||||2,200,583|2,235,759|
|Approved<br>by the||Diaconate||on 8th ofJune 2021 and signed on their behalf|||||||





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|RPI price inflation|assumption|assumption|3.20|
|---|---|---|---|
|CPI price inflation|assumption||2.70|
|Minimum<br>Pensionable||Income increases (CPI plus 1.0'IB pa)|3.20|
|Assumed<br>investment||returns||
|- Pre-retirement|||2.95|
|-Post retirement|||1.70|
|Deferred pension|increases|||
|- Pre April 2009|||3.20|
|- Post April 2009|||2.50|
|Pension increases|||2.70|





## 

## 



## 

|No|tes to the accounts for|the year|ended|31 December|2020||||
|---|---|---|---|---|---|---|---|---|
|3.|Local Ministry|||Unrestricted|Designated|Restricted|Total|Total|
|||||2020|2020|2020|2020|2019|
|||||6|6|f|||
||Premises|||26,063|||26,063|31,372|
||Depreciation||||72,304||72,304|44,631|
||Ministry|||64,594|||64,594|58,808|
||Church<br>Activities|||7,369|40||7,409|12,409|
||Outreach<br>Activities|||459|18,754||19,213|4,919|
||Enabling<br>Activities|||63,986|||63,986|62,727|
||Bank charges|||||||31|
|||||162,471|91,098||253,569|214,897|
||2019totals for unrestricted,|designated|and||||||
||restricted<br>funds|||166,087|48,192|618||214,897|



## 

|port Costs|||
|---|---|---|
||2020|2019|
|Audit fee|5,094|5,101|
|Professional fees|5,618|6,435|
|Secretarial|1,266|1,662|
||11,998|15,398|





## 

## 

|5.|Grants for Mission||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||2020|2020|2020|2020|2019|
||National<br>Mission|||||8|f|||
||Baptist Home Mission (CBA)|||(1)|6,116|||6,116|5,220|
||Future Hope|||(1)|3,125|||3,125|2,500|
||Hertford<br>Young Life|||(1)|1,875|||1,875|2,500|
||Others|||||||||
||||||11,116|||11,116|10,220|
||2019totals for unrestricted,|||||||||
||designated<br>and restricted||funds|(3)|10,220||||10,220|
||World Mission|||||||||
||BMS World Mission|||(1)|8,207||1,967|10,174|5,220|
||BMS Relief Fund|||||||||
||Other societies|||(1)|900|||900|50|
||People International|(to support a||||||||
||couple)|||(1)|3,690|||3,690|3,600|
||SIM (to support<br>1 person)|||(1)|2,061|||2,061|2,061|
||Interserve<br>(M LeRoy)|||(1)|1,365|||1,365|1,340|
||OM (Matiza Family)|||(1)|2,400||40|2,440|3,600|
||||||18,623||2,007|20,630|15,871|
||2019totals for unrestricted,|||||||||
||designated<br>and restricted||funds|(6)|15,821||50||15,871|
||Future Mission|||||||||
||Spurgeons<br>College|||||||||
||All Nations Christian|College||||||||
||Training Support|||||||||
||2019totals for unrestricted,|||||||||
||designated<br>and restricted||funds|||||||
||Thankoffering<br>&Special Appeal|||||||||
||Thankoffering|||||3,252|-|3,252|10,092|
||Special Appeal||||||262|262|211|
|||||||3,252|262|3,514|10,303|
||2019totals for unrestricted,|||||||||
||designated<br>and restricted||funds|(2)||10,303|||10,303|





## 

## 

||Staff|Premises|Other|Total|Total|
|---|---|---|---|---|---|
||Costs|Costs|Costs|2020|2019|
||8|6|6|6|8|
|Local Ministry|104,616|26,063|122,890|253,569|214,897|
|National<br>Mission|||11,116|11,116|10,220|
|World Mission|||20,630|20,630|15,871|
|Future Mission||||||
|Thenkofferin|||3,252|3,252|10,092|
|Special Appeals|||262|262|211|
|Governance|||11998|11998|15398|
||104,616|26,063|170,148|300,827|266,689|



|7.|Analysis ofstaff costs, trustee remuneration|and expenses|and the cost ofkey management|and the cost ofkey management|
|---|---|---|---|---|
||personnel||||
||||2020|2019|
||||6|6|
||Stipends, Expenses &Wages||93,005|90,547|
||Social Security Costs||3,429|3,858|
||Pensions Costs||8,182|10,589|
||||104,616|104,994|



## 

## 

|Average<br>Number ofEm|ployees||||
|---|---|---|---|---|
||||2020|2019|
||||Number|Number|
|Ministers|||||
|Team Leader for Pastoral|Care &Prayer||||
|Secretaries/Administrators|(all part-time)||||
|Cleaner (part-time)|||||
|||Page 25|5|5|





## 

|||||||Unrestricted|Designated|Restncted|Total Funds|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|2019|
||||||||6|f|6|
|Income|from:|||||||||
|Donations||and legacies||||||||
|||Regular Offerings||||167,546|||167,546|
|||Special Gifts 8 Legacies||||5,800|4,686|2,249|12,735|
|||Thankoffering|||||10,031||10,031|
|||Gift Aid recoverable||||34,504|2,684|390|37,578|
|Charitable||activities||||2,240|||2,240|
|Investments<br>- bank interest||||||1,580|||1,580|
|Other||||||||||
|||Use ofproperty||||21,959|||21,959|
|||Repayments||||186|||186|
|Total||||||233,815|17,401|2,639|253,855|
|Expenditure<br>on:||||||||||
|Charitable||activities||||||||
|||Local Ministry||||166,087|48,192|618|214,897|
|||Support Costs||||15,398|||15,398|
|||Grants payable:||||||||
|||National<br>Mission||||10,220|||10,220|
|||World Mission||||15,821||50|15,871|
|||Future Mission||||||||
|||Thankoffering|&Special||||10,303||10,303|
|Total||||||207,526|58,495|668|266,689|
|Net Income/(Expenditure)||||||26,289|(41,094)|1,971|(12,834)|
|Transfers|between<br>Funds|||||(3,258)|4,298|(1,040)||
|||||||23,031|(36,796)|931|(12,834)|
|Other recognised<br>Gains/(Losses)Gains||||8|(Losses)|||||
|Actuarial|gains/(losses)<br>on||defined benefit|pension scheme||||||
|Gain/Loss|on fixtures, fittings and equipment||||written olf or revalued||261,681||261,681|
|Net Movement<br>in Funds||||||23,031|224,885|931|248,847|
|Reconciliation<br>ofFunds:||||||||||
|Total Funds||Brought Forward||||||||
|at 1 January||2019||||75,049|1,909,282|2,581|1,986,912|
|Total Funds||Carried Forward||||||||
|at 31 December 2019||||||98,080|2,134,167|3,512|2,235,759|





## 

## 

## 

|.Tangible Fixed Assets|||||
|---|---|---|---|---|
||Freehold|Freehold|Fixtures,||
||Land|Buildings|Fittings 8||
||||Equipment|Total|
|CostNaiuation||E|E|E|
|At 1 January 2020|468,000|1,595,220|397,565|2,460,785|
|Disposals|||||
|Revaluation|||||
|Additions|||20 885|20 885|
|At 31 December 2020|468,000|1,595,220|418,450|2,481,670|
|Depreciation|||||
|At 31 December 2019||251,696|86,863|338,559|
|Disposals|||||
|Revaluation|||||
|Charge for the year||31697|40,607|72,304|
|At 31 December 2020||283,393|127,470|410,863|
|Net BookValue|||||
|At 31 December 2020|468,000|1 311827|290980|2070 807|
|At 31 December 2019|468,000|1 343524|310,702|2,122,226|



## 

## 




## 

|13.|Cash at|Bank and In Hand|||
|---|---|---|---|---|
||||2020f|2019<br>6|
||Bank Accounts||222,016|206,469|
||Petty Cash||57|148|
||||222,073|206,617|
|14.|Liabilities||||
||||2020|2019|
||||6|6|
||Payroll liabilities||5,810|2,716|
||Accruals||17,601|5,946|
||||23,411|8,662|
||Creditors|Due & 1 year|||



## 

||||Balance|Movement|Movement|||Balance|
|---|---|---|---|---|---|---|---|---|
||||||||Pension||
||||1.1.20|Incoming|Outgoing|Transfers|Liability|31.12.20|
||||6|6|6|6||6|
|General|Church|Funds|98,080|218,575|204,208|19,332|20,000|113,115|



## 

||||Balance||||Gains snd|Balance|
|---|---|---|---|---|---|---|---|---|
||||1.1.20|Incoming|Outgoing|Transfers|losses|31.12.20|
||||6||6|6|6|6|
|Thankoffenng|||5,832|930|3,252|||3,510|
|Training|Support||981|450||||1,431|
|Other designated||donations|5,128|23,867|18,794|(1,553)||8,648|
||||11,941|25,247|22,046|(1,553)||13,589|
|Tangible|fixed assets||2,122,226||72,304|20,885||2,070,807|
||||2,134,167|25,247|94,350|19,332||2,084,396|





## 

## 

|Restricted|Funds|||||||
|---|---|---|---|---|---|---|---|
|||Balance||||Gains and|Balance|
|||1.1.20|Incoming|Out9olng|Transfers|losses|31.12.20|
|||f|||5||f|
|Baptist societies||1,816|1,305|1,967|||1,154|
|Others||1,696|524|302|||1,918|
|||3,512|1,829|2,269|||3,072|
|Baptist societies and other funds||are ongoing|funds held for specific||societies, the|majority ofwhich|are|
|paid out in|the course ofthe year.|||||||
|Analysis of Net Assets Between||Funds||||||
||||Tangible||Net||Total|
|||Fixed Assets||Current Assets|||Assets|
||||6||6||6|
|Unrestricted|Funds (note 15)||||113,115||113,115|
|Designated|Funds (note 16)||2,070,807||13,589||2,084,396|
|Restricted|Funds (note 17)||||3,072||3,072|
||||2,070,807||129,776||2,200,583|



## 

## 

## 



## 

|||||||Unrestricted|Designated|Designated|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds||Funds|2020|2019|
|INCOME||&EXPENDITURE|||||6|||6||
|Income|from:|||||||||||
|Donations||and legacies||||||||||
|||Regular Offerings||||152,497||||152,497|167,546|
|||Special Gifts &Legacies||||1,967|21,396||1,569|24,932|12,735|
|||Thankoffering||||||930||930|10,031|
|||Gift Aid recoverable||||27,933|2,921||260|31,114|37,578|
|Charitable||Activities||||284||||284|2,240|
|Activities||which generate<br>funds||||||||||
|||Use of property||||34,013||||34,013|21,959|
|||Repayments||||277||||277|186|
|||Bank interest||||502||||502|1,580|
|-||Government<br>furlough||schemes||1,102||||1,102||
|Total||||||218,575|25,247||1,829|245,651|253,855|
|Expenditure<br>on:||||||||||||
|Charitable||Activities||||||||||
|||Local Ministry||||162,471|91,098|||253,569|214,897|
|||Governance<br>Costs||||11,998||||11,998|15,398|
|||Grants payable:||||||||||
|-||National<br>Mission||||11,116||||11,116|10,220|
|-||World Mission||||18,623|||2,007|20,630|15,871|
|||Future Mission||||||||||
|-||Thankoffering<br>& Special|||||3,252||262|3,514|10,303|
|Total||||||204,208|94,350||2,269|300,827|266,689|
|Net Income/(expenditure)||||||14,367|(69,103)||(440)|(55,176)|(12,834)|
|Transfers||between<br>funds||||19,332|19,332|||||
|||||||(4,965)|(49,771)||(440)|(55,176)|(12,834)|
|Actuarial|Gains/(losses)<br>on defined benefit pension schemi|||||20,000||||20,000||
|Net Movement<br>in Funds||||||15,035|(49,771)||(440)|(35,176)|248,847|
|Total Funds brought<br>forward|||at|1/1/20||98,080|2,134,167||3,512|2,235,759|1,986,912|
|Total Funds carried forward at 31.12.20||||||113,115|2,084,396||3,072|2,200,583|2,235,759|
|Balance Sheet at 31 December 2020||||||||||2020|2019|
|||Fixed Assets||||||||||
|||||Tangible Fixed Assets||||||2,070,807|2,122,226|
|||Current Assets||||||||||
|||||Debtors||||||31,114|35,578|
|||||Cash at bank & in hand||||||222,073|206,617|
|||Liabilities||||||||||
|||amounts|falling due within||1 year|||||(23,411)|(8,662)|
|||Net Current Assets||||||||229,776|233,533|
|||Defined|benefit pension scheme net|||asset or liability||||(100,000)|(120,000)|
|||Net Assets||||||||2,200,583|2,235,759|
|||Funds||unrestricted||||||113,115|98,080|
|||||Designated||||||2,084,396|2,134,167|
|||||Restricted||||||3,072|3,512|
|||||||||||2,200,583|2,235,759|