2020-07-31-accounts

			Page
Trustees'	report		1-2
Independent examiner's report
Statement	offinancial	activities
Statement	offinancial	position
Notes to the financial		statements	6-17

IttggmtLIt3tttg		Notes	Unrestricted funds 2020 6	Rsstdictsd funds 2020 E	Total 2020 6	Unrestricted funds 2019 6	Restricted funds 2019 6	Total 2019 6
Donations and legacies Charitable activities investments Other income			331,745	20,359 37,163 368 32,352	352,104 37,163 368 32,352	294,985 821	121,018 29,000 52	416,003 29,821 52
Total income			331,745	90,242	421,987	295,806	150,070	445,876
EttgamIIItfgtue;
Charitable activities			245,917	8,036	253,953	256,094	11,337	267,431
Gross transfers
between funds		18				(25,711)	25,711
Net income for	the year/
Net movement	in funds		85,828	82,206	168,034	14,001	164,444	178,445
Fund balances at 1
August 2019			1,646,933	841,285	2,488,218	1,632,932	676,841	2,309,773
Fund balances at31
July 2020			1,732,761	923,491	2,656,252	1,646,933	841,285	2,488,218

				2020	2019
			Notes		as restated 8 6
Fixed assets
Property, plant and equipment Current assets			12	2,034,186	2,539,595
Trade and other I,ash etbank,	receivables ,d,'		13	73,195 790,475	4R R5n 161,465
Current liabilities			15	863,670 (29,879)	210,315 (26,914)
Net current assets
				833,791	183,401
Total assets less current liabilities				2,867,977	2,722,996
Non-current liabilities			16	(211,725)	(234,778)
Net assets
				2,656,252	2,488,218
Income funds
Restricted funds Unrestricted funds			18	923,491	841,285
				1,732,761	1,646,933
				2,656,252	2,488,218
The financial statements		were approved	by the Trustees on	......„...~.....o
Yinka Oyekan Trustee			Alastair Trustee	Mitchell Baker

					Unrestricted funds	Restricted funds	Total	Unrestricted funds	Unrestricted funds	Restricted funds	Total
					2020 8	2020 8	2020 8		2019	2019 8	2019f
	Uonations and gifts Legacies receivable Grants received				313,372 18,223 150	20,359	333,731 18,223 150	15,058 279,927		121,016	15,058 400,945
					331,745	20,359	352,104	294,985		121,018	416,003
	Donations	and	gifts
	Regular offerings,			direct
	credits and other giRs Gift aid refunds Special appeals and gifts				205,973 56,344 51,055	20,359	205,973 56,344 71,414	224,183 55,744		121,018	224,183 55,744 121,018
					313,372	20,359	333,731	279,927		121,018	400,945
4	Charitable	activities
										2020	2019
										8	6
	Charitable	rental	income
										37,163	29,821
	Analysis by	fund
	Unrestricted	funds
	Restricted funds										821
										37,163	29,000
5	Investments
									Restricted		Restricted
										funds	funds
										2020	2019
										8	6
	Interest receivable
										368	52

				2020	2019
				6	6
Staff costs
Depreciation and impairment				122,870	123,634
Staff expenses				481	601
Youth work				4,898	1,539
Messy Church,	children		and families	6,254	4,814
Contracting Fees				750	1,069
Minibus and travel				15,849	15,849
Catering and events				1,653	1,784
Visiting speakers				1,397	794
Building projects					89
					1,759
				154,152	151,932
Grant funding af	activities		(see note 8)	34,002	57,947
Share of support casts (see note 9) Share ofgovernance costs (see note 9)				59,003 6,796	52,260 5,292
				253,953	267,431
Analysis by fund
Unrestricted funds
Restricted funds				245,917	256,094
				8,036	11,337
				253,953	267,431

			2020	2019
				5
Grants to institutions:
Bamabas Fellowship Baptist Home Mission The Lighthouse Group Other		of Churches and Events	24,639 5,000	24r,639 9,812 17,434
			2,196	2,645
			31,835	54,530
Grants to individuals
			2,167	3,417
			34,002	57,947

Support costs
	Support costs 6	Governance costs 6	Total 2020 E	Support costs E	Governance costs	Total 2019 5
Maintenance, alterations
and cleaning Utilities and telephone Insurance Loan interest Equipment leasing,	5,674 11,843 5,498 7,555		5,674 11,843 5,498 7,555	8,813 12,373 3,117 8,771		8,813 12,373 3,117 8,771
stationery and printing ITsohware and	21,982		21,982	9,267		9,267
consumables Sundry expenses	1,667 4,784		1,667 4,784	5,238 4,681		5,238 4,681
Independent
Examination Accountancy Legal and professional		960 4,348 1,488	960 4,348 1,488		350 1,000 3,942	350 1,000 3,942
	59,003	6,796	65,799	52,260	5,292	57,552
Charitable activities	59,003	6,796	65,799	52,260	5,292	57,552

		2020	2019
		Number	Number
Pastoral
Administration
Total
Employment	costs
		2020	2019
		E	E
Wages and salaries
Social security	costs	112,905	114,498
Other pension	costs	6,298	5,701
		3,667	3,435
		122,870	123,634

						Freehold	Motor	Total
						land and	vehicles
						buildings
	Cost
	At 1 August 2019 Additions Disposals					2,537,192 195.071 (700,000)	3,755	2,540,947 195071 (700,000}
	At 31 July 2020					2,032,263	3,755	2,036,018
	Depreciation and	impairment
	At 1 August 2019 Depreciation charged		in	the year			1,351 481	1,351 481
	At 31 July 2020						1,832	1,832
	Carrying amount
	At31 July 2020					2,032,263	1,923	2,034,186
	At 31 July 2019					2,537,192	2,403	2,539,595
13	Trade and other receivables
	Amounts falling due within one year:						2020	2019 6
	Other receivables Prepayments and accrued income						71,712 1,483	47,166 1,684
							73,195	48,850
14	Borrowings
							2020f	2019 5
	Baptist Union Corporation loan Southern Counties Baptist Association				loan		206,775 28,000	225,201 32,000
							234,775	257,201
	Payable within one year Payable after one year						23,050 211,725	22,423 234,778

							2020	2019
						Notes		E
	Baptist Union loan Southern Counties Baptist Association Other taxation and social security Accruals and deferred income				loan	14 14	19,050 4,000 2,329 4,500	18,423 4,000 3,120 1,371
							29,879	26,914
16	Non-current	liabilities
							2020	2019
						Notes	E	E
	Baptist Union Corporation Southern Counties Baptist			loan Association	loan	14 14	187,725 24,000	206.778 28,000
							211,725	234,778

		Unrestricted	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020f	2020 6	2020 6	2019 f	2019 6	2019f
Fund balances are		represented	by:
Properly,	plant and
equipment Current assets/			830,660	1,203,526	2,034,186	1,530,660	1,008,935	2,539,595
(liabilities)			902,101	(68,310)	833,791	116,273	67,128	183,401
Long term	liabilities			(211,725)	(211,725)		(234,778)	(234,778)
		1,732,761		923,491	2,656,252	1,646,933	841,285	2,488,218

	2020	2019
	E	6
Within one year	10,751	3,343
Between two and five years	30,208	5,678
	40,959	9,021

	At	31July 2018
	As previously	Adjustment	As restated
	reported
Fixed assets		f
Property, plant and equipment	897,344	1,530,660	2,428,004
Capital funds
Income funds
Restricted funds Unrestricted funds	676,840 102,273	1,530,660	676,840 1,632,933
Total equity	779,113	1,530,660	2,309,773