2020-12-31-accounts - Pinhoe Road Baptist Church, Exeter

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Trustees' Annual Report for the period

Too 31 12 2020

From

Period start date Period end date 01 01 2020 Too 31 12

Section A Reference and administration details

Charity name

Pinhoe Road Baptist Church

Other names charity is known by

Registered charity number (if any) 1132000

Charity's principal address Pinhoe Road

Polsloe Bridge

Exeter Postcode EX4 7HZ

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
Rev Alan John Bailyes	Minister and Elder	1st-31stJanuary 2020	Church Members’ Meeting
Rev George Peter Baker	Minister and Elder		Church Members’ Meeting
Mr Bruce Macpherson	Elder		Church Members’ Meeting
Miss Shirley Anne McDermott	Elder		Church Members’ Meeting
Mr Adrian Michael Jackson	Elder		Church Members’ Meeting
Mr Gerald William Hunt	Elder		Church Members’ Meeting
Mrs Penelope Jane Acheson Watson	Elder		Church Members’ Meeting

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name	Dates acted if not for wholeyear
Baptist Union Corporation Limited Baptist House PO Box 44 129 Broadway Didcot Oxfordshire OX11 8RT

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Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution (adopted 22[nd] October 2008 and amended 18[th] May 2011 and Type of governing document 10[th] June 2015 and 15[th] December 2020) (eg. trust deed, constitution)

Unincorporated Association How the charity is constituted

(eg. trust, association, company)

Appointment by the church members’ meeting Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

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Section C Objectives and activities

Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)	The principal purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
	In planning activities to meet its objectives, the trustees have had regard to the guidance issued by the Charity Commission on public benefit, and in particular the specific guidance on charities for the advancement of religion. The provision of regular services of public Christian worship is central to the church’s fulfilment of its primary purpose above. These have been held on Sundays at 10.30 am and also sometimes at 6.30pm, and advertised on a notice board outside the church and on its website www.prbc.org.uk .A programme for all ages of children is included in the morning services. During the coronavirus pandemic, these services have been replaced by a single online service available live on Sunday mornings and viewable later on the internet. Occasional courses are run to enable anyone to explore what it means to be a Christian, and these are publicised during Sunday worship. The church also runs a number of small groups for development of faith and discipleship. These meet during the week in the homes of some members and on church premises, and are advertised in the weekly newsletter distributed at Sunday worship. During the pandemic, these have met online. The church has run two Parent and Toddler sessions at the church premises on Tuesday morning and afternoon, to assist the local community and demonstrate the love of Jesus Christ. A club for children from the neighbourhood has run during the week. During the pandemic, these events did not take place. The church operates a safeguarding policy and ensures that all people working with children are appropriately vetted. A weekly coffee morning is run on church premises for older local residents and incorporates a monthly ‘Knit and Natter’ group. These have notrunduring the pandemic.

Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)

The principal purpose of the church is the advancement of the Christian
faith according to the principles of the Baptist denomination. The church
may also advance education and carry out other charitable purposes in
the United Kingdom and/or other parts of the world.

In planning activities to meet its objectives, the trustees have had regard
to the guidance issued by the Charity Commission on public benefit, and
in particular the specific guidance on charities for the advancement of
religion.
The provision of regular services of public Christian worship is central to
the church’s fulfilment of its primary purpose above. These have been
held on Sundays at 10.30 am and also sometimes at 6.30pm, and
advertised on a notice board outside the church and on its website
www.prbc.org.uk
.A programme for all ages of children is included in the
morning services. During the coronavirus pandemic, these services have
been replaced by a single online service available live on Sunday
mornings and viewable later on the internet.
Occasional courses are run to enable anyone to explore what it means to
be a Christian, and these are publicised during Sunday worship.
The church also runs a number of small groups for development of faith
and discipleship. These meet during the week in the homes of some
members and on church premises, and are advertised in the weekly
newsletter distributed at Sunday worship. During the pandemic, these
have met online.
The church has run two Parent and Toddler sessions at the church
premises on Tuesday morning and afternoon, to assist the local
community and demonstrate the love of Jesus Christ. A club for children
from the neighbourhood has run during the week. During the pandemic,
these events did not take place. The church operates a safeguarding
policy and ensures that all people working with children are appropriately
vetted.
A weekly coffee morning is run on church premises for older local
residents and incorporates a monthly ‘Knit and Natter’ group. These have
notrunduring the pandemic.

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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and erformance p

Summary of the main achievements of the charity during the year

The year began with the church calling our associate minister Rev George Baker to take over as pastor in February 2020, following the departure of our previous minister Rev Alan Bailyes at the end of January.

The onset of the coronavirus pandemic in March inevitably had a huge impact on the church’s normal programme.

During the year, our usual Sunday morning worship services moved online, and the livestream service continued to evolve through various technical developments and the contributions of many in the congregation. Those without an internet connection were able to receive DVDs of the services delivered by members of the congregation.

In early 2020 we concluded the teaching series on Luke’s Gospel entitled ‘Radical Jesus’. This was followed by one on ‘Radical Church’ from the book of Acts, with a pre-Christmas series on Messianic prophecies.

The Primary Sunday School team produced an ‘all-age’ video each week featuring ‘on location’ shots with a link to that week’s theme, a dramatic presentation of the bible story with actors from the congregation and an introduction to related craft activities for the children.

Within the small group programme , a variety of groups continued to meet online. The Care Network team leader stimulated practical pastoral care for those in various situations of need, including the effects of isolation due to the pandemic.

For children and youth , the usual range of groups on Sunday morning (crèche, Primary Sunday School and Junior Church, Encounter for teenagers) were, of course, suspended for the pandemic. But leaders of these groups made efforts to stay in touch with families and young people online and in appropriate socially-distanced settings.

The membership of the church stood at 111 at the end of 2020.

A new initiative taken in 2019 was to link up with Christians Against Poverty (CAP) and prepare to offer their Cap Life Skills course early in 2020. This is a course to teach practical money saving techniques such as cooking on a budget; living healthily on less and making your money go further. It also covers top tips for dealing with life’s pressures. The first

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course did run early in 2020, but was then suspended for the pandemic. The leader has kept in touch with members by phone.

For some time now, the church has had a desire that its buildings should be updated to serve its mission purpose more effectively within the local community and for the next generation. The planning came to fruition in December 2020 when the church voted to proceed by appointing builders and project managers to start work early in 2021. The scheme brings a new front entrance and improved access to different meeting rooms and offices. The re-opening of the building is scheduled for early October 2021.

Section E Financial review

Brief statement of the charity’s policy on reserves

The trustees aim is to maintain a working balance sufficient to be able to cover our legal financial commitments for a period of 6 months. This would include our Ministers salary, NI contributions and pension contributions plus covering utility bills for the Manse and the Church and to maintain adequate buildings insurance cover. The financial status at the end of 2020, going into 2021, was to have unrestricted funds available in the General Fund of at least £34,946.

At the end of 2020 the balance in the General Fund was £273,960. The Trustees have earmarked a sum of approximately £235,000 which could be utilised for the major buildings work to be undertaken in 2021.

Details of any funds materially None in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

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Section G Declaration The trustsos doclaie that thgy havg approvod thg trustses. rgport abov4. Sign•d on b•halfof the charlty's trustses Signaturelsl 6Di Full nam5> Posltlon {èg Secrntary. Chair, otc) George PeteT Baker Minister Bruce Macpherson Secretary 6th October 2021 TAR Oct¢)bor 2021 TAR O¢tober 2021

Pinhoe Road Baptist Church Financial SLqtement for the Year ended 31st December 2020 .cMftrrY AEGkSTRATION NO.11321 2020 2019 GENERAL.GrftAktsa D1101 GENER•L. rAAthJ111031 GENERAL CPwtyVuKorn111(6 GrftAKI Sm•H OwbMlll11t81 7&)$7.97 768n.37 1C422.64 13599.12 18849.04 7YJ. 11251.13 1A 1532S.&I 2&6.37 TOTALGMNG"OTHER INC(AIE 113089.15 139162.17 991.34 14B4.92 Inc¢ThTaXcO%rJon c{11411l43 516.46 197C¢.69 134596. 110355.7 IS32 88941.51 24019.18 r2310.12 7146. 146591.67 110745.67 SWr&{dt)lOrthO>Wr -11994.72 111285D9 I10.11 91674 98 9120OJ7 BuikJirKJ Fund No.2 137610.96 144570 67 Chrwtsan EndeaUr 4182 58 4474.33 156.94 T¢X• dRe•tricW FurJ 142118.93 1541157.69 T(4al dGwwat Fund IUnreslriL*ed) 131841.72. 122297 31 TOTAL ofALL FUNDS 273960.65 287041.74 273922.65 287fy41.74 10 717fY).¢Y)

2010 2019 5027.13 428369 I8530 I.2u 55031 7ei.05 55DD 1749.4B 1125T 13 193280 ICErt11352113531135711361 1.2994S 104. 153.99 fv4w134s&lPL1al6I ynmuThtypthbBs (hthw113411 F¥h7WvFwJ 113831 1W7 12 17N 4857th) 24541 18• 76 Cts knW1181) 44J343 285637 122. 11487 2. Investment Incon.' 11 29S.39 22J10 12 2401$ IIJ n2S4 $91 34 14e4.92 im. Td+ Wl1271 71 FJ ¥01972D 114es 74 3YS ¢8 851.99 Blry14011 LSCSI14611 7KAI14 EA&BU SAtyA14151 El14Jll 7012 9 8175 1328.00 87801 92 24BD502 IM.ty) rn07 1940fKJ 1896C 449 51 693.73 Is >J 114311 4).C 79. C N8tlIS4)) A(iJ441 117 f 1è7 00 5110 12 1oTr.rvJ 11TrJ. 714&03 407 32 407 32 A678L97 864%62 70 70.L¥J i1 9313044 107127. 1805 32 32 20337.30 2028658 72ni 04 72121.74 273%1.65 287011.74 Puw SUS[12$11 ttrlSWl12011 N1trijll2llll23l> Wt2131 BtPerMn 001(1214) ¢AlIn(%If2MI23jI IXl347 1201 94 28270 10 tstg 1198$9 273W65 287041 74 329670 3419.15 1Qg81.20 lyChuF('Icnu8 U3.25 385.85 17$343 17$50) 2aOIg M11%(1?¥1> UT4 13 1829 14 170CX. lTru 49P240 115350D 1422$00.00 142ZS DD 24048 ekn Fee13211 315 3075 4WJ33. 88911.51 7t7fr)1)

Pinhoe Road Baptist Church

Statement of Financial Activities

For the period from 01 January 2020 to 31 December 2020

	Unrestricted	Designated	Restrict	Endowment	Total	Prior
	funds	funds	ed funds	funds	funds	year total
						funds
Income and endowments from:
Donations and legacies	118,311.41	190.70	12,247.13		130,749.24	149,580.43
Investments	991.34				991.34	1 ,484.92
Other income	2,856.37				2,856.37	9,290.43
Total income	122,159.12	190.70	12,247.13		134,596.95	160,355.78
Expenditure on:
Expenditure on charitable activities	81 ,203.89	42,267.16	24,206.99		147,678.04	140,745.67
Total expenditure	81 ,203.89	42,267.16	24,206.99		147,678.04	140,745.67
Net income I (expenditure) resources before transfer	40,955.23	(42,076.46)	(11,959.86)		(13,081.09)	19,610.11
			21.10
Transfers
Gross transfers between funds - in	8,239.02	39,670.94			47,931.06	19,083.04
Gross transfers between funds - out	(39,649.84)	(8,281.22)			(47,931.06)	(19,083.04)
Other recognised gains / losses
	9,544.41	(10,686.74)	(11 ,938.76)		(13,081.09)	19,610.11
Net movement in funds Reconciliation
of funds
Total funds brought forward	122,297.31	10,686.74	154,057.69		287,041.74	267,431.63
Total funds carried forward	131,841.72		142,118.93		273,960.65	287,041.74
Represented by
Unrestricted
General fund	131,841.72				131,841.72	122,297.31
Designated
Holiday Club Fund						245.43
Specific Purposes Fund						10,389.20
Toddlers Fund						52.11
Restricted
Alpha			77 50		77.50
Building Fund No 2			137,610.96		137,610.96	144,570.67
Building/Fabric Fund						5,000.00
Christian Endeavour Fund			5.30		5.30	5.30
Evangelism/Community Activities/Support Fund			78.26		78.26
Fellowship Fund			4, 182.58		4, 182.58	4,474.33
Junior Church Fund			5.00		5.00	5.00
Messy Church Fund			2.39		2.39	2.39
Youth Fund			156,94		156.94

04 February 2021 Page 1

Independent examiner's report on the accounts

CHARITY COMMISSION FOR ENGLAND AND WALES

Report to the trustees/ PINHOE ROAD BAPTIST CHURCH members of 31[st ] December 2020 Charity no 1132000 (if any) On accounts for the year ended Set out on pages 1-4

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/12/2020

As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act Responsibilities 2011 ("the Act"). and basis of report

I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

Independent examiner's statement

accounting records were not kept in accordance with section 130 of the Act or e the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Please delete the word in the brackets if they do not apply.

Signed: Name Relevant professional Qualification(s) or body (if any): 21 Maudlin Drive Teignmouth, Devon Address: TQ14 8RZ

Hugh S. Rodway 21 Maudlin Drive Teignmouth Devon TQ14 8RZ 01626 778328

Email: hughr@tiscali.co.uk

REPORT & FINDINGS OF EXAMINER TO THE TRUSTEES and DEACONS OF

PINHOE ROAD BAPTIST CHURCH EXETER

Of the Accounts for the year ending 31[st ] December 2020

15th February 2021

I have carried out the examination of the accounts for the Church and make the following observations.

GENERAL OVERVIEW.

In accounting terms the Church made a deficit of El 1994.72 in 2020 compared to a surplus of El 9610.11 the previous year. This is very encouraging especially in an unprecedented year for all Churches and Charities when normal Sunday services had to be suspended due to Coronavirus

GIFT AID RECOVERY

The amount received from HMRC in 2020 was E20516 which is slightly in excess of the previous year (El 8665) and has been distributed across various codes. In addition since April 2016 the maximum amount that the Church can claim from Small Cash Donations scheme was increased by the HM revenue and Customs from E5000 to E8000 and the Church has been taking full advantage of this benefit

However only cash payments from individuals who have not eligible for a gift aided declaration are eligible for this entitlement and whilst it is encouraging that some contributors will have switched their contributions direct to the Bank account or via cheques, neither of these methods qualify despite representations from charities to HMRC

BANKING

In 2020 the Church has continued to bank with CAF Bank, where it has an arrangement to keep a minimum of El 000 in its CASH account with an automatic transfer of any surplus to its Gold Account which pays interest albeit at a fairly low rate. However the Church still received €75 from this source which more than offset the E60 which the bank levied in annual charges.

However the last two quarters received a minimal amount and with charges due to increase to E96.pa in 2021, the days of so called free banking will end

Most payments are made by BACS and proving very acceptable, especially with the number of High Street Banks rapidly closing. One of the advantages is that it is now much easier for the Bank reconciliation to be agreed as there are few (if any) outstanding cheques at the end of a month.

INTEREST RATES

Interest rates have continued to be at historical low levels so the decision to split its portfolio with several providers appears to have been a wise one. Over E90,000 is available on 90 day notice accounts which should provide sufficient time when large sums of money are required to pay for further fabric improvements. In addition the

Church keeps quite a high balance in the CAF Gold Account which means that when money was needed to pay for larger items of expenditure there was no need to draw down any money from any other accounts.

HIRE OF PREMISES

Due to the pandemic and the closure of buildings, I had expected the amount raised from this source would have been considerably lower if not non- existent but I was pleasantly surprised that E2765 had been raised even though this is almost 50% considerably less than in previous years,

BAPTIST UNION CORPORATION

The Church continues to hold E86782 on deposit with the Corporation which can be withdrawn without loss of interest at any time.

UNRESTRICED RESTRICTED FUNDS

As in the past, the Management Accounts have shown the balances held in various funds and specifically under the two categories ie. Unrestricted or Restricted

DESIGNATED FUNDS

It is worth noted that this year there are no designated funds and it is worth reiterating that if there were the Church may choose to designate certain monies or transfer a certain amount of money into a particular fund for budgetary purposes, this is still classified as unrestricted money as it can equally chose to undesignate any such funds from time to time.

RESTRICTED FUNDS

At the 31[st ] December 2020, the number of restricted funds were eight namely

Christian Endeavour Fund E 5.30 Junior Church Fund E 2.39 *Messy Church Fund E 5.00 Fellowship Fund E 4182.58 Youth Sleeman/Toddlers E 156.94 Evangelical Com E 78.26 Alpha E 77.50 Building Fund No.2 Redevelopment E 137610.96

TOTAL RESTRICTED FUNDS

E142118.93

As the first 3 funds have very small balances I am sure that they could be merged or moved to a designated status without causing unduly concem to the original benefactors

OTHER CAUSES

The Church continues to be very generous in its support for other charities and agencies El 8506 (El 8099) and in addition frequently receives donations and contributions from individuals and supporters for other causes E2595 (El 895) The additional monies do not technically form part of the SOFA but as I think it is important as well as good practice to still show these so I have divided the section into two categories to clearly show the amounts which have been included

LIABILITIES

The only liability outstanding is the Baptist Ministers Pension Fund (see below)

PENSIONS

The Administers of the scheme produce a monthly update on the employers Hub which gives the deficiency payment required to settle the outstanding liability which at the 31[st ] December had slightly increased to E71700 (€69500)

The reason for the increase is that in 2020 with many Churches struggling financially as a result of the pandemic, deficiency contributions were reduced by 50% by the BBS for a period of six months. The deficit still represents a substantial liability and as previously all BUGB affiliated Churches have been requested to disclose the figure in their accounts. Although there is no requirement to settle the amount which is now expected to decrease at a much slower pace and depends on market fluctuations it is still hopefully be cleared by 2028.

CHURCHES, CHARITIES and INCORPORATION

More and more Churches have started the process of changing to CIO status and for the sake of completeness I once again reproduce that section of my report A CIO (Charitable Incorporated Organization) is a new form of legal structure that is now available to charities that want to incorporate and Baptist Together have produced two Guideline Leaflets Cl 1 and C12 for Churches who may be considering this option,

There are a number of advantages of adopting this status (eg. particularly protecting the Charity Trustees from Potential Personal Liability) but equally some disadvantages, as well as tricky areas such as Lease Backs. Endowments, Loans/Mortgages

I understand that the Church has started the process of applying for CllO status but with the Pandemic has caused some delays in getting all the necessary paperwork and approvals ready so that they can be submitted.

It is invariable that this is almost certainly going to take some time so In order to avoid any additional costs such as the examination of accounts, it is recommended that the new structure is put in place but not implemented until the close of the accounting year with the new Church charity operating from the first day of the subsequent year.

RECONCILIATION of ACCOUNTS

I have had no difficulty reconciling the income and expenditure to the balances, and can affirm that the computer system agrees to that shown on the bank statements

SUMMARY

The Management accounts which are attached are once again in the form of Receipt and Payments format, which provides the overview to the Trustees, Deacons and Church as to the Income and Expenditure in 2020 together with the closing balances, and I reproduced below the relevant section from the Charity Commission website.

Independent examination at a glance To maintain public confidence in the work of charities, charity law requires most charities to have an external scrutiny of their accounts. Provided a charity is not required by law or its governing document to have an audit then trustees may choose a simpler and less expensive form of external scrutiny called an independent examination. For financial years ending on or after 31 March 2015, trustees may opt for an independent examination instead of an audit provided their charity's gross income is not more than El m, or where gross income exceeds 250,000, its gross assets are not more than 23.26 million. An independent examination is a simpler form of scrutiny than an audit but it still provides trustees, funders, beneficiaries, stakeholders and the public with an assurance that the accounts of the

charity have been reviewed by an independent person. All charities with an income of more than E25,000 that opt not to have an audit must have to have an examination. Whether acting as a volunteer or being paid a fee for their work, the role of the independent examiner is important and they must follow certain steps in carrying out the examination and make a report to the trustees setting out particular matters once they have finished their examination. There is a process to be followed and separate guidance - Independent examination of charity accounts: examiners (CC32) - is available which takes the examiner through the Directions which set the procedures that the examiner must follow, explains their reporting duties and provides the examiner with practical advice at every stage. Whilst in most cases the examiner will be reviewing receipts and payments accounts and so will not need to be a qualified accountant

to carry out a proper independent examination, the examiner still needs a certain level of ability and knowledge to undertake a competent examination and to set out their report in the way that is required by the 2008 Regulations. Where gross income is more than 250,000 charity law requires the examiner to be a member of a body listed in the Charities Act.

In the event of a Church exceeding this figure (especially when going through a major building project there is an option available to avoid the Church needing to fulfil the above requirement. Providing that the turnover is only likely to be exceeded in 1 or 2 years they may seek exemption from the Charity Commission and the only caveat that I need to add that in the event of income exceeding €250,000 1 would need to get the accounts signed off by someone who has the suitable qualification.

Once the figures are adopted, they will need to be filed on the Charity Commission together with the reports as in previous years.

NEW WAYS of GIVING

Last year in my report I mentioned the New Ways of giving which are now being offered to Charities and Churches to keep pace with the changing life style of donors particularly in the younger generation which tend to use their mobile phones and IPADS to do most of their banking.

It is pleasing to report that at Pinhoe Road BC as in most of our larger Churches the majority of members contribute their giving by way of a Monthly Standing Order.

In this context our Software suppliers have started to market MY GIVING APPS and CONTATCLESS donation terminals and although this may be some way off for many our Churches, I have no doubt that many of our larger congregations may well be considering introducing something similar in the next few years

Stuart Watson informs me that both he and Penny will be shortly standing down in their respective roles and take a well-earned sabbatical, and I for one want to pass on my personal thanks to them for making my task that much easier over a number of years.

It is good to report that the finances of the Church have are are in excellent shape, and one hopes that the decisions taken with regard to the upgrading of the premises will be of tremendous advantage to all those who use the premises.

Every blessing on your fellowship especially at these uncertain times

Plnho• Road Baptb•¢ Church A1 of Sncom• aTrJ oxp•ndllur• 8•l•Gt•d POFlod.. 01 January 2020 to 31 D•mblI 2020 Inwn• and •ndowm•nts Don811ons8ndlÈgatles DonthM •nd1•o•¢1•• 110l.GDrrt.. aAld 1102.R8th&•J.. Gh1* 1lo3.G..Nlln GIRA 75.337.07 rnOS7.97 4.230.00 76,8ll.37 4.2NI.thI 13170 S.027.13 .027.13 1J.599.12 2.fth).fy) 7.(1 19.502.33 4..69 11849.04 &gJu.00 I399.12 1108. GIRAd Smol 1141-TaKfrw GinA 1142.TfrCffl 7¢1) 19M12 ts7.rij 27) 2ri.5D 2.2r4J.94 351.13 357.13 1W.YO 12247.13 I,74824 149.5WA3 I.70 IZ2I7.13 130.749.24 149)8 Toials Inve51ment5 1180.w Intht• 1163-Irtht•6tw BoptstlJn 1.34 1.4e4.92 Invtments Totals 991.34 991.34 IA84.92 11$1. W hwdon 1181-0thgilrvJmg I7LI) 91.37 2,765.0) 91.37 4.7. 4N33A3 2.8se.37 7.8SB.37 92W43 OlherlnGoNre Tolals 2.85&37 2.85e.37 929).43 Incom• and •ndowm•nts Grand totals 122.159.12 11247.13 134.S9e. I,3576 25 Fknw2021 Pap I

Exp•b)dltur• Expendiiure on cherif8ble 8CiiWiies 1201. ¢211.Churth Nl ConL4nW 28ml 28,8X38 809.93 3,207.17 1119.$81 3,M70 3,059.48 28,2MI6 6eo.ia 7,871.76 )207.17 1213. HB&t&itht )M70 3.OSg.48 SI01 281.9e 21946.90 $18AO 1103A4 261.98 4,78140 21O.OD 4.992.40 11.$35.00 1241.cwT4rofj 1242.¢wnJTu.ASfypM 1251-Tr8¥44fufdwr 1252.TMvd-knott 874.13 937.3 2ts e74.13 937.30 1.829.14 240A8 .7$ 1201.94 8.50871 1mO.84 1.765.03 1,SW7 s,(68 1.753A3 887.55 1.508.47 g.oe4.E8 1.753A3 1271-Ckurth- 1213. A0PAthr{lI 1281- InBurn 3.345.08 1.091.37 a.345 1.091.37 1.511.93 11487 315.th) U9.51 3.118.43 789.07 851.ss 1301. ¢kn•nthg 1.511.93 28.97 31Sm 44551 1341. 245.41 245.41 189.76 1342. PrayorrrryPrtyry 1343.C#rt Netork 1344. rripth I3.ph 1346.CAPLKp%A 1351. 131.PsTty1 13$3-M¢sgy¢hJrth t17.(M) 2.7t4.36 117.00 1B7.W 2.W76 S.18 2137 7x02 1,013.12 842.Bg 879.72 8&87 i.W.48 7S728 242.27 T28.92 1362.Y 1383. Fth 1364-Wornhip 7YaS9 701.65 122.94 810.75 IIA85.74 104. 7.e82. 1fj098.35 7.e82.96 50.197.29 153.99 1366.BuldlrylFabrfc 094 29.17 286At 1373-SWI*I Wthw¢o¥8eg 255. I.1rA7 1.105LbJ 1392.8srtChw 1401- BMS 1411. SwthW•s1 l415.EvJryNJfjfy8 1431-E 6.640.(rfJ 6.640.tk) 832.>J 6,64ty(M) 6,640.(M) 6,48&00 6,48&00 I,0. 25Fth•ry2021 P4w2

T)1 1485.YK4 1.32&00 1.32&00 1.328.C 1.328.C 1.296.fy) t,296.D) e1201eB 42.2E7.10 24,206.99 147.tr1&0¢ 140,745.67 Expendltureon charltab actlvllles Tolals 42.28T.16 24,200.9 147.87&01 1W745O7 EXPdItre Grand tota 42.26T.16 147.87&04 140.74587 25Fth27 P4 3

PlnM• Road B•pth¢ Church Sh••td•talhd 31112120ZO 311t2r2019 1YJI.. CurMnlJrwl 94.rwi.44 IC4127. IQ7V2.B7 IW diylG4FI 20.337. 20.28&51 72.711.04 72,131.74 151fr. LMD•)S&% 2n.th. 207W74 Ifu.. 5¥c Ln l*.(w)I 147NI.74 113,rAI.091 211eo 251,Cfj7.21 212. 1701.. yeg1w 288.828.04 35,731.73 207NI.74 R•pv•Mrrt•d byFw 131.84i.T2 1QM6.74 154.057.89 142.118.93 217NI.74 25 Fo2021

Plnhw Ro•d W•t Church 8lat•m•nt of Flnanclal AcUvlU•• Fortho pqrlod from 01 Jwvjary 202010 31 Doc•mb•r2020 IW.70 t2347.13 lJl.749 491.34 2.M37 148.W4S 1,404.P2 1211AI2 I•L70 42J7.t6 24. 147,B78lJ4 140,T45.£7 147.11&01 1•174 iiiw Tr8nsfférs 18.28lX) 111,•JL Ilj lJ1•41.71 117M•I.74 131Jll 72 1222A731 Fw•JtrlD2 AF 25P¢Nry2O21 Ptyo 1

ID.3LVJJ 5111 77 F1&72 137,BiQ. 13FffiIQA 14AF067 7a 4,150 4.162.6 4.4T433 trfftAFw &C¢) zJ# Fur 15& 25Fth2021 P*p2

Pinhoe Road Baptist Church

Statement of Financial Activities

For the period from 01 January 2020 to 31 December 2020

	Unrestricted	Designated	Restrict	Endowment	Total	Prior
	funds	funds	ed funds	funds	funds	year total
						funds
Income and endowments from:
Donations and legacies	118,311.41	190.70	12,247.13		130,749.24	149,580.43
Investments	991.34				991.34	1 ,484.92
Other income	2,856.37				2,856.37	9,290.43
Total income	122,159.12	190.70	12,247.13		134,596.95	160,355.78
Expenditure on:
Expenditure on charitable activities	81 ,203.89	42,267.16	24,206.99		147,678.04	140,745.67
Total expenditure	81 ,203.89	42,267.16	24,206.99		147,678.04	140,745.67
Net income I (expenditure) resources before transfer	40,955.23	(42,076.46)	(11,959.86)		(13,081.09)	19,610.11
			21.10
Transfers
Gross transfers between funds - in	8,239.02	39,670.94			47,931.06	19,083.04
Gross transfers between funds - out	(39,649.84)	(8,281.22)			(47,931.06)	(19,083.04)
Other recognised gains / losses
	9,544.41	(10,686.74)	(11 ,938.76)		(13,081.09)	19,610.11
Net movement in funds Reconciliation
of funds
Total funds brought forward	122,297.31	10,686.74	154,057.69		287,041.74	267,431.63
Total funds carried forward	131,841.72		142,118.93		273,960.65	287,041.74
Represented by
Unrestricted
General fund	131,841.72				131,841.72	122,297.31
Designated
Holiday Club Fund						245.43
Specific Purposes Fund						10,389.20
Toddlers Fund						52.11
Restricted
Alpha			77 50		77.50
Building Fund No 2			137,610.96		137,610.96	144,570.67
Building/Fabric Fund						5,000.00
Christian Endeavour Fund			5.30		5.30	5.30
Evangelism/Community Activities/Support Fund			78.26		78.26
Fellowship Fund			4, 182.58		4, 182.58	4,474.33
Junior Church Fund			5.00		5.00	5.00
Messy Church Fund			2.39		2.39	2.39
Youth Fund			156,94		156.94

04 February 2021 Page 1

Independent examiner's report on the accounts

CHARITY COMMISSION FOR ENGLAND AND WALES

Report to the trustees/ PINHOE ROAD BAPTIST CHURCH members of 31[st ] December 2020 Charity no 1132000 (if any) On accounts for the year ended Set out on pages 1-4

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/12/2020

Independent examiner's statement

accounting records were not kept in accordance with section 130 of the Act or e the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Please delete the word in the brackets if they do not apply.

Signed: Name Relevant professional Qualification(s) or body (if any): 21 Maudlin Drive Teignmouth, Devon Address: TQ14 8RZ

Hugh S. Rodway 21 Maudlin Drive Teignmouth Devon TQ14 8RZ 01626 778328

Email: hughr@tiscali.co.uk

REPORT & FINDINGS OF EXAMINER TO THE TRUSTEES and DEACONS OF

PINHOE ROAD BAPTIST CHURCH EXETER

Of the Accounts for the year ending 31[st ] December 2020

15th February 2021

I have carried out the examination of the accounts for the Church and make the following observations.

GENERAL OVERVIEW.

GIFT AID RECOVERY

However only cash payments from individuals who have not eligible for a gift aided declaration are eligible for this entitlement and whilst it is encouraging that some contributors will have switched their contributions direct to the Bank account or via cheques, neither of these methods qualify despite representations from charities to HMRC

BANKING

However the last two quarters received a minimal amount and with charges due to increase to E96.pa in 2021, the days of so called free banking will end

INTEREST RATES

HIRE OF PREMISES

BAPTIST UNION CORPORATION

The Church continues to hold E86782 on deposit with the Corporation which can be withdrawn without loss of interest at any time.

UNRESTRICED RESTRICTED FUNDS

As in the past, the Management Accounts have shown the balances held in various funds and specifically under the two categories ie. Unrestricted or Restricted

DESIGNATED FUNDS

RESTRICTED FUNDS

At the 31[st ] December 2020, the number of restricted funds were eight namely

TOTAL RESTRICTED FUNDS

E142118.93

As the first 3 funds have very small balances I am sure that they could be merged or moved to a designated status without causing unduly concem to the original benefactors

OTHER CAUSES

LIABILITIES

The only liability outstanding is the Baptist Ministers Pension Fund (see below)

PENSIONS

CHURCHES, CHARITIES and INCORPORATION

RECONCILIATION of ACCOUNTS

I have had no difficulty reconciling the income and expenditure to the balances, and can affirm that the computer system agrees to that shown on the bank statements

SUMMARY

Once the figures are adopted, they will need to be filed on the Charity Commission together with the reports as in previous years.

NEW WAYS of GIVING

It is pleasing to report that at Pinhoe Road BC as in most of our larger Churches the majority of members contribute their giving by way of a Monthly Standing Order.

Every blessing on your fellowship especially at these uncertain times

ID.3LVJJ 5111 77 F1&72 137,BiQ. 13FffiIQA 14AF067 7a 4,150 4.162.6 4.4T433 trfftAFw &C¢) zJ# Fur 15& 25Fth2021 P*p2