Wealdstone Baptist Church Charity Number 1132143 Annual Report & Financial Statements April 2021 – March 2022
Document control information Compiled by Rose Finlow Christiane Rohrmueller Contributors Ian Webber Martin Whaley Chris Axtell Reviewed by WBC Leadership Team WBC Church Members Edited by Rose Finlow Christiane Rohrmueller 0.1 Compiled Annual Report and Financial Statements 0.2 Additional edits and corrections 0.3 Including Independent Examiner’s report on the accounts
Charity Registration No 1132143 ii WBC Annual Report & Financial Statements 2021-22 0.3
Contents Contents ................................................................................................................................... iii Statutory Information ................................................................................................................. 1 Senior Minister’s Review of the Year ......................................................................................... 2 COVID-19 .................................................................................................................................. 3 Organisational Structure and Decision-making Processes ........................................................ 4 Structure, Governance and Management ............................................................................... 4 WBC Mission Statement ............................................................................................................ 5 Achievements and Performance ................................................................................................ 5 Summary of Objectives and Activities ........................................................................................ 6 Further Details of Activities ........................................................................................................ 7 Pastoral Team ......................................................................................................................... 7 Youth and Children’s Work ..................................................................................................... 7 Sunday Children’s and Youth Programme Overview ........................................................... 7 Crèche - Kindles .................................................................................................................. 7 WBC KIDS .......................................................................................................................... 7 Youth Work .......................................................................................................................... 8 Parent and Toddlers Group .................................................................................................... 8 Messy Church ........................................................................................................................ 8 Prayer and Prayer Ministry ..................................................................................................... 8 Small Groups .......................................................................................................................... 9 CoffeePlus .............................................................................................................................. 9 Christmas, Easter and other Festivals .................................................................................... 9 Sunday Teaching Programme .............................................................................................. 10 Wider Mission and Evangelism ............................................................................................ 10 Foodbank ............................................................................................................................. 10 Food Share ........................................................................................................................... 10 Street Pastors ....................................................................................................................... 10 Church Leadership and Staff ................................................................................................... 11 Financial Review ...................................................................................................................... 12 Financial summary ............................................................................................................... 12 WBC Reserves policy ........................................................................................................... 12 Delegation of Authority in the absence of a Treasurer .......................................................... 12 Statement of Financial Activities ............................................................................................. 14 Balance Sheet 31/03/2022 ...................................................................................................... 15 Notes to Accounts .................................................................................................................... 16 Notes to Financial Statements ................................................................................................. 18 Independent Examiner’s Report .............................................................................................. 22
iii WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Statutory Information
Wealdstone Baptist Church (WBC)
Registered Charity number 1132143
The principal office of Wealdstone Baptist Church is:
High Street Wealdstone Harrow HA3 5DL
Trustees
Revd Martin Whaley (Senior Minister; Chairman of Trustees) Mr Chris Coyston (Youth and Children’s Minister) Mrs Rosemary Finlow (Church Secretary) Mr Tim Hainsworth (Elder until 5[th] March 2022) Mr Mauricio Lopez Aguirre (Deacon) Mrs Alison Paterson (Deacon) Miss Imogene Smith (Deacon) Mr Keith Smith (Elder) Ms Lynn Twelvetrees (Deacon until December 2021) Ms Jane Zalwango (Elder)
Charity Correspondent
Mrs Rosemary Finlow
Property Trustees
London Baptist Property Board
Bankers
Santander Bank London Baptist Property Board
Finance Manager Mr Chris Axtell
Independent Examiner Sylvia Bourhill
1 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Senior Minister’s Review of the Year
The previous year presented us with unprecedented challenges, with the pandemic and lockdown. Though these challenges have diminished over the present year, the after-effects remain evident. We have been greatly blessed in that we did not lose any members due to COVID, however, the numbers returning to our services and ministries are not back to what they were pre-pandemic. Along with many churches and charities, our finances have suffered from the consequences of a prolonged lockdown. Looking ahead we have the spectre of increased fuel costs as we do not come under the protection of the domestic price cap. Later this year, our Youth and Children’s Pastor will be leaving for a new position at a church in High Wycombe, and it looks unlikely that we will be in a financial position to replace him. These things, together with the difficulties of car-parking restrictions around the church, and the constant challenge of pastoral ministry, might cause us for despair – but we are not a people without hope!
We believe there is a sovereign God, creator of all things who holds all everything in His hands. At the start of the 6th chapter of Isaiah, there was a vision of God in His throne room. He is surrounded by Seraphs, heavenly beings, so fearful that when they raise their voice in praise, the doorposts shake, and the room is filled with smoke. In the centre of the vision is the Lord, seated on His throne. This speaks of someone who is completely in control; He is not running around or looking flustered. His sovereignty is so perfect that He can remain seated and still govern the whole universe. He has responsibility for all creation; every creature, every star, all the heavenly beings, and yet, such is His authority, that He never has need to panic, rush or worry. And in this is our hope; that whatever happens, God is in total control. Nothing escapes His notice. He never misunderstands or gets the wrong end of the stick. What is more, in Revelation 19:4 (800 years later), John has the same vision, and the Lord is still seated! Now, that doesn’t mean we always understand what He is doing, in fact, most of the time we don’t, and even when we think we do, there is often a twist that makes us realise how small our grasp of Him is. But what we can do is put our trust in Him as the God who is in total control, is unchanging, sees the big picture, loves us enough to surrender His Son to the cross to save us and is more than capable of bringing this glorious plan of salvation to completion.
So, as we leave the last two years of disruption behind (hopefully), let us remember who is really in charge as we move ahead. We can be sure that other issues will surely come along, but we can also be sure of the promise of Jesus that “ this is the will of him who sent me, that I shall lose none of all those he has given me, but raise them up at the last day ” (John 6:39).
Revd. Martin Whaley
2 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
COVID-19
The year covered by this report began with the global COVID-19 pandemic continuing to cause unprecedented disruption. The resulting lockdowns and restrictions had a huge impact on the ministry of the church. Since January 2022, the church has mostly returned to conducting its ministries as they were pre-COVID, though some of the impact of COVID continues in way of reduced numbers and finance. At the completion of the year at the end of March 2022 we are optimistic that things will continue to progress forward until we return, and even exceed, the position we were in at the start of the lockdowns in March 2020.
3 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Charitable Object
The charity is governed by a constitution which states that 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.
The church occupies premises which are held by the London Baptist Property Board, on Trusts which are entirely compatible with the above object.
Organisational Structure and Decision-making Processes
Structure, Governance and Management
Members of the church are accepted by the general church membership and in accordance with the constitution. The normal form of entry into membership is through baptism by immersion upon personal profession of faith in Jesus Christ and, at the discretion of the Church Members’ Meeting, persons seeking membership may be accepted into full membership based on their public profession of faith.
The Members’ Meeting normally takes place 6 times per year and has responsibility for the overall policy of the church. In accordance with the constitution, the members appoint a minimum of 3 Trustees; together with the Ministers (who are also appointed by the members), the Trustees collectively make up the Diaconate and Eldership. This group, known as the Leadership Team, are responsible for the day to day running of the church’s work and witness, and the financial and legal aspects of the charity. All members are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective.
Relevant matters may be submitted to the Members’ Meeting by the Trustees for guidance or may be raised by members in the Members’ Meeting for further consideration by the Trustees. Though the constitution permits decisions to be made at church meetings by appropriate majorities, the church seeks to work by consensus wherever possible.
4 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
WBC Mission Statement
Our Mission Statement (formulated in June 2014) consists of three headings forming the acronym WBC (as in W ealdstone B aptist C hurch): W orship, B uild and C onnect. It provides a focus for the ministry of the church and a basis on which to build for the future.
Wealdstone Baptist Church Mission Statement
Our Vision:
We seek to build a growing community of disciples of Jesus in Wealdstone who are committed to God in worship and to each other in fellowship.
Worship God
Glorifying God, King of the Church, as we worship together bringing Him our praise and prayers and receiving from Him guidance and power to do His will.
Build the Church
Glorifying God, Lord of our lives, as we encourage and support one another to submit to His will, walk in His ways, grow in His knowledge and serve in His Church.
Connect with the community
Glorifying God, Saviour of the World, as we share the Good News of the Gospel and witness through testimony to give everyone in Wealdstone the opportunity to meet Jesus.
Achievements and Performance
The year under review marked the thirteenth year of ordained ministry for the Revd Martin Whaley. Mr Chris Coyston completed his fourth year as Youth and Children’s Pastor.
The church does not measure the success of its programmes only in numbers, including financial numbers, but also in less tangible areas such as fellowship, encouragement and spiritual growth.
The church welcomes all people to worship and participate in the services and activities of the church.
At the start of April 2021, we had 91 members. During the year 2 members died, 9 members were voted off the membership as they no longer attend our church, and 1 new member joined, giving a total membership of 81 at the end of March 2022.
There were no baptisms during this year.
5 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Summary of Objectives and Activities
In order to achieve the principal objective, which is set out above, the church usually provides a variety of activities both for its membership and for the community generally. The aim is to show the love of Jesus Christ in both word and deed, and to bring people into a closer relationship with Him as their living Lord. The church seeks to make a difference by providing a positive message, outreach and support to the local community in its activities and hospitality.
The church seeks to achieve this through its weekly activities and events. These are geared at providing non-threatening and welcoming opportunities to engage people from the community in conversation about the message of Jesus, under the guidance of the Leadership Team, as encapsulated in our Mission Statement.
Central to the work and witness of the church is the provision of regular public services of Christian worship. These services usually take place each Sunday at both 10:30am and 6:30pm. There are also seasonal or special services at other times which are advertised in the church flyers, weekly bulletin and the church website (http://www.w-b-c.org.uk). There is usually a full youth and children’s programme during the morning services and other mid-week events for the children and the youth group. The church aims to be a friendly and welcoming community and seeks to enable ordinary people to live out their faith by welcoming anybody to attend our services.
The church usually runs a series of “Small Groups”. Some of the groups are also used as an open outreach to people on the fringe of the church or new to the Christian faith. Further details of these can be obtained from the Trustees on request, or at the Sunday services of worship.
The church usually runs a Parent and Toddlers Group that meets in the church premises on Tuesday and Friday mornings. Intermittently the church also runs an Alpha course for people interested in discovering more about Christianity, and courses exploring different components of Christian belief, such as baptism.
The church runs various events and activities for young people and operates systems to ensure that all people working with children and vulnerable adults are appropriately vetted with regard to the Disclosure and Barring Service.
To facilitate the work of the church it is important that we maintain the fabric that comprises the buildings of Wealdstone Baptist Church, including the church halls. This was limited this year due to the COVID lockdown and available finances.
In the previous year Harrow Council informed the church that they intended changing the parking in the roads around the church to limit parking to residents only from 8am to midnight seven days a week. This was implemented in June 2021 and severely impacts the church’s work on Sundays and midweek, particularly the valuable community resources such as the Toddler groups and Messy Church. The Church Leadership had written to the council along with many individual members, as well as others who attend our meetings to express our concerns. Bob Blackman, the local Member of Parliament, also wrote to the Council on our behalf, however the council refused to alter its plans. We have been seeking ways to limit the impact, but it has had an impact on those attending the church meetings and on external groups, who use our buildings.
6 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Further Details of Activities
Pastoral Team
One important part of the church ministry is the “Pastoral Team”, which meets alternate Wednesday mornings to discuss and pray over the pastoral needs in the church. Over this year we have continued to do this via Zoom. From this meeting decisions are made regarding which members need visiting or what other support is required. The minister leads the Pastoral Team and keeps the leadership aware of any significant issues. If a serious matter arises, the Pastoral Team will involve the Leadership Team or seek support from professional agencies if required.
Youth and Children’s Work
Sunday Children’s and Youth Programme Overview
Our Children’s and Youth programme is currently comprised of four age groups:
-
Kindles: Age 0-3 years Crèche • Sparks: Age 3 - Year 2 Key stage 1
-
• Flames: Year 3 - Year 6 Key stage 2 • Blaze: Year 7 – 18 years old High School/College
Crèche - Kindles
The Kindles group caters for the age group from birth to 3 years.
Since the COVID lockdown this group has not been running, largely due to low numbers of children in this age group. Previously they had met in the Parlour where a live transmission of the service was streamed into the room.
Sunday School
Sunday School runs on Sunday mornings and caters for children of school age (age 3 to Year 6). It provides child-friendly Bible teaching through the age-appropriate presentation of Bible stories, games, craft, cooking and other activities.
The aim of Sunday School is to encourage children to discover, investigate and develop their own personal relationship with the Lord Jesus Christ.
It is split into two groups:
- Sparks: Age 3 - Year 2 Key stage 1 2. Flames: Year 3 - Year 6 Key stage 2
Normal Sunday School recommenced after the COVID lockdown in September 2021 having moved to Zoom for much of the previous year.
WBC KIDS
Over the last year we introduced a monthly children’s service under the title “WBC Kids” in place of the All-Age services we had previously been running. These are led by the Youth and Children’s Pastor and bring the Sparks and Flames groups together
7 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Youth Work
The VYC (Virtual Youth Club), which began during the COVID lockdown using Zoom continued until the summer of 2021. Since September 2021 the Youth work has returned to the following formats of Blaze (Sunday School), Fusion (Thursday Bible Study), SNAC (Sunday Night After Church) and Rooted (Saturday Youth Club, monthly).
Safeguarding
The Baptist Union of Great Britain continue with Due Diligence Checking to process Disclosure and Barring Service checks. In the period covered by this report a programme of renewal of DBS checks has continued in line with best practice that recommends checks are now renewed every 5 years.
Carolynne Webber and Jeremy Skinner continue to serve as the church’s Designated Persons for safeguarding children and young people with the Trustee with responsibility for safeguarding being Imogene Smith.
Parent and Toddlers Group
The Toddler Group recommenced after the COVID lockdown in September 2021 and has grown back to its pre-COVID popularity with both the Tuesday and Friday groups having as many as 60 children and their carers attending. The session includes a mixture of crafts and ageappropriate toys, followed by refreshments and a time of singing together. At Christmas and Easter, we run Toddler parties at which we explain the meaning of these Christian festivals. The group draws from a wide range of the community, particularly from Eastern European families.
Messy Church
Messy Church would have been in its 11[th] year but was unable to run this year due to the pandemic. Before lockdown our numbers had been growing to the point, where we have had to implement a maximum number of 150 people in the hall each month. We hope to be able to restart Messy Church again in September 2022.
Prayer and Prayer Ministry
In addition to a number of private prayer groups, there several groups open to the wider congregation.
The “War Room”, a regular prayer meeting held between 6-9am every Tuesday – Friday morning since February 2016, has continued in a reduced manner since lockdown, meeting only twice a week (Tuesday and Wednesday), partly using Zoom. It is a valuable support for the church’s ministry, and we are extremely grateful for the sacrificial support of a number of committed members who continued to meet each week.
Since May 2020, a number of members have committed to a weekly day of prayer and fasting to focus weekly on what we feel is on God’s heart at this time. This ends with a Zoom meeting in the evening to pray, share and end with sharing communion
Twice a month on Thursdays our Mission Secretary hosts prayer meetings focusing once on World Mission and once on praying for Cambodia, both are hold on Zoom.
In addition, we continued the monthly evening Prayer Meeting begun on Zoom last year and since September 2021 have been meeting in person in the church building.
8 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
We have also continued to support the collaboration with HopeChurch Harrow, Christ Church Roxeth, St. Peter’s Harrow and St. Paul’s Harrow, and other congregations in the borough on the first Wednesday each month to pray across Harrow Borough online for Revival. This initiative was begun by Malcolm Finlay of HopeChurch Harrow, and WBC has had a strong regular attendance.
Small Groups
In addition to the Sunday Services and the other groups mentioned in this report, the church runs a few small midweek groups. These involve a mix of Bible study, prayer, pastoral support, discipleship and teaching. These groups are very much appreciated by those who attend. The majority of these groups began the year on Zoom but most moved back to meeting in person since September 2021. These groups include the Ladies Bible Study, the “Men for God” group and the Catalyst 20-30’s group.
CoffeePlus
At the start of summer 2021 we returned to opening up the church on Friday morning to provide tea, coffee and cake under the title ‘CoffeePlus’. There is a small but regular number of attendees from the community as well as members of the church. From 11am a small bible study takes place which has been well attended.
Christmas, Easter and other Festivals
In 2020, having had our regular festivals such as Easter and Christmas disrupted by the pandemic, it was a great joy to be able to celebrate them this year in person.
We adapted our Easter program to reflect the caution still necessary to meet in 2021. During Holy Week an Easter Trail was set up around our church inviting people to read, watch videos and attend short daily services. On Good Friday, the customary walk of witness down the High Street went ahead on a smaller scale with representatives of most local churches attending. The Easter Service was attended by the most people since before lockdown.
Our Christmas programme included carol singing in the local streets and on the church forecourt, a Christmas family service and an evening carol service which was again the best attended evening service of the year. On Christmas Day we were joined by New Life Bible Church for a joint service of celebration.
In the lead up to Easter 2022 we had our 13[th] Lent Reading Series which followed last year’s series on the books of the Old Testament with the books of the New Testament. As last year, these were produced as short videos posted daily on YouTube.
9 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Sunday Teaching Programme
Our teaching programme at the Sunday Services over the last year is shown below. Despite the disruption of the pandemic, we continued to produce services each week; initially pre-recorded, then livestreamed without a congregation, and currently livestreamed with a congregation present.
congregation present. |
||
|---|---|---|
| Morning services | Evening services | |
| April – Nov 2021 | The life of Abraham | Luke’s Gospel |
| Nov – Dec 2021 | The Church is… | Luke’s Gospel |
| Jan – March 2022 | 1 Peter | Luke’s Gospel |
Wider Mission and Evangelism
We support a number of church members in Mission beyond Wealdstone, as well as some organisations which share our charitable objectives. JM and CM continued to be based in Spain as they work across Europe with European Christian Mission (ECM) but are looking to relocate back to the UK as JM has been seconded to be regional director for Europe for the Lausanne Conference, which is less dependent on being based in Spain. MW and RW continue their work in Central Asia and visited in the last year to update us on their work. We have continued to support our former Youth Pastor, FA, in her work in Asia. Through the work of our Members, NB and RB, we have been supporting the work of Good News for Everyone (formerly Gideons UK) as they give presentations and distribute New Testaments. Paula Skinner has continued in her role as Mission Secretary.
Foodbank
We continue to support the work of the local Foodbank with a couple of our members able to issue food vouchers as required to those in need.
Food Share
A team of volunteers has continued managing and distributing the food share programme, which aims at reducing landfill by collecting food from supermarkets that they can no longer sell but is still good to use. The food distribution is built on our link with the charity FareShare, who coordinate the supermarket donations (https://fareshare.org.uk/). This ministry continued throughout the year, even though distribution methods were adapted during lockdown.
Street Pastors
Although Street Pastors continued to meet over the lockdown, the reduced service meant that they stopped using our building. They have, however, returned now to using our building as a base on Saturday evenings. Several our members volunteer with this ministry.
Charity Registration No 1132143 10 WBC Annual Report & Financial Statements 2021-22 0.3
Church Leadership and Staff
As previously noted, this year encompassed Revd Martin Whaley’s thirteenth year as Senior Minister of WBC and Chris Coyston’s fourth as Youth and Children’s Pastor. In March 2022, as Chris Coyston’s appointment was ending in July, he informed the church that he had accepted a call from a church in High Wycombe to be their Children’s and Families Pastor commencing in July 2022. Due to the present financial situation, we are not currently seeking to fill this role and will continue for the present time with one pastor.
Christiane Rohrmueller and Rose Finlow continue their job share as Administrators. At the end of December 2021, Lynn Twelvetrees completed her term as Deacon and at the start of March 2022, Tim Hainsworth informed the church that he was stepping down as Elder. We want to thank Lynn and Tim for the service to the church leadership team.
Following Lynn Twelvetrees completing her time on the Leadership Team, Revd. Whaley will act as the link between the finance team and Leadership Team. While we are without a Treasurer, the Leadership Team will take responsibility of making financial decisions.
11 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
Financial Review
A full account of the financial activities of the church in the period March 2021 to April 2022 is presented in the annual accounts which accompany this report. As a group of believers, the church gives thanks to God for His provision through the year. The past year saw a great response from a small number of donors that more than made up for the loss of income that used to come from renting out our premises to other organisations. To increase resilience for the future, the Trustees have adopted a more formal reserves policy, which will take effect from the next financial year. This uses a formula looking back over the previous 3 years and ensures that sufficient funds are held in reserve to maintain operations for 3 months, in the event of a future unexpected loss of income or donations.
Financial summary
A brief summary of our finances for the year are as follows. A full financial statement is included at the end of this report. The unrestricted income and expenditure were both lower than last year. Our designated refurbishment fund was 42.5K up £7K from last year as we have done less maintenance work. This includes the £30K gift that has been earmarked to renovate the kitchen, which we hope to progress with in the year ahead. This is a considerable improvement on the low point in April 2020 following major expense for underpinning and drain refurbishment due to subsidence.
Our ‘missionary’ giving to support those the church has commissioned into ministry elsewhere was £22K.
WBC Reserves policy
Due to the amount of property, particularly the large aging sanctuary, and the present cost of staffing, the Leadership Team has decided that a free reserve equal in the range of five to seven month’s expenditure should be maintained to enable cash flow in the event of a sudden unexpected change in income or expenditure. This need has been demonstrated in recent years by the unexpected expenditure to deal with the subsidence of the halls and the unexpected drop in income due to the COVID Pandemic. At March 2022 the free reserve was £73,189, which would cover 6.37 months of costs based on 2021-22 expenditure.
Delegation of Authority in the absence of a Treasurer
In the present absence of a treasurer, Lynn Twelvetrees was appointed as the prime contact between the Leadership and the finance manager (Mr Chris Axtell). Overall financial decisions are made by the leadership team under the authority of the church members meeting. Authority to oversee the “Business as Usual Payments” (Unless unusual or very different from previous payments) is delegated to the finance manager.
The Leadership is aware that, in the absence of a treasurer, we are quite reliant on one person for all finance management in the church. Our member (and former treasurer), Mr Ian Webber, with agreement from the Leadership, has retained access to the Bank Account and is able to receive text/email notification for transactions. He also maintains access to review the files via
12 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
a google drive as a means of monitoring the finance activity.
Since we live by the Spirit, let us keep in step with the Spirit. Galatians 5:2
Accepted and confirmed on behalf of the Trustees by _________
on _______.
13 WBC Annual Report & Financial Statements 2021-22 0.3
Charity Registration No 1132143
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
01/09/2022 Ver 2.00.1465
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| £ | £ | £ | £ | £ | £ | ||
| Incoming resources | |||||||
| Donations and legacies | 2 | 137,282.64 | 13,484.85 | 150,767.49 | 169,684.38 | 13,513.51 | 183,197.89 |
| Investments | 3 | 52.54 | - | 52.54 | 141.90 | - | 141.90 |
| Charitable activities | 4 | 3,129.80 | - | 3,129.80 | 222.00 | - | 222.00 |
| Total income and endowments | 140,464.98 | 13,484.85 | 153,949.83 | 170,048.28 | 13,513.51 | 183,561.79 | |
| Expenditure on | |||||||
| Charitable activities | 5 | 137,781.70 | 22,923.30 | 160,705.00 | 145,166.90 | 30,326.30 | 175,493.20 |
| Total Expenditure | 137,781.70 | 22,923.30 | 160,705.00 | 145,166.90 | 30,326.30 | 175,493.20 | |
| Net income/(expenditure) | 2,683.28 | (9,438.45) | (6,755.17) | 24,881.38 | (16,812.79) | 8,068.59 | |
| Transfers between funds | 11 | (9,115.11) | 9,115.11 | - | (15,496.75) | 15,496.75 | - |
| Net Movement in Funds | (6,431.83) | (323.34) | (6,755.17) | 9,384.63 | (1,316.04) | 8,068.59 | |
| Funds Brought Forward | 11 | 1,197,536.75 | 4,103.30 | 1,201,640.05 | 1,188,152.12 | 5,419.34 | 1,193,571.46 |
| Revaluation Increase | 62,400.00 | - | 62,400.00 | - | - | - | |
| Prior Year Adjustments | - | - | - | - | - | - | |
| Funds Carried Forward | 11 | 1,253,504.92 | 3,779.96 | 1,257,284.88 | 1,197,536.75 | 4,103.30 | 1,201,640.05 |
The notes on Pages 14 to 21 form part of these financial statements
Page 14
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm SOFA
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
BALANCE SHEET AT 31 MARCH 2022
| Notes Fixed Assets Tangible fixed assets 7 Current Assets Debtors 8 Bank and Cash 9 Creditors: Amounts falling due within one year 10 Net Current Assets Total Assets less Current Liabilities Funds of the Charity Free reserve 11 Fixed asset nbv 11 Unrealised gains 11 Refurbishment 11 Designated Unrestricted Restricted 11 Total Funds |
Unrestricted Restricted 2022 Unrestricted Restricted 2021 £ £ 1,137,815.38 - 1,137,815.38 1,097,205.85 - 1,097,205.85 |
|---|---|
| 1,137,815.38 - 1,137,815.38 1,097,205.85 - 1,097,205.85 1,807.50 55.00 1,862.50 2,340.00 95.00 2,435.00 114,387.37 3,724.96 118,112.33 97,990.90 4,008.30 101,999.20 |
|
| 116,194.87 3,779.96 119,974.83 100,330.90 4,103.30 104,434.20 505.33 - 505.33 - - - |
|
| 115,689.54 3,779.96 119,469.50 100,330.90 4,103.30 104,434.20 |
|
| 1,253,504.92 3,779.96 1,257,284.88 1,197,536.75 4,103.30 1,201,640.05 |
|
| 73,189.54 - 73,189.54 64,831.54 - 64,831.54 273,366.38 - 273,366.38 295,156.85 - 295,156.85 864,449.00 - 864,449.00 802,049.00 - 802,049.00 42,500.00 - 42,500.00 35,499.36 - 35,499.36 |
|
| 1,180,315.38 - 1,180,315.38 1,132,705.21 - 1,132,705.21 |
|
| 1,253,504.92 - 1,253,504.92 1,197,536.75 - 1,197,536.75 - 3,779.96 3,779.96 - 4,103.30 4,103.30 |
|
| 1,253,504.92 3,779.96 1,257,284.88 1,197,536.75 4,103.30 1,201,640.05 |
The notes on Pages 14 to 21 form part of these financial statements
Page 15
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm BAL_SHEET
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
01/09/2022 Ver 2.00.1465
Page 16
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Note_1a
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
01/09/2022 Ver 2.00.1465
Page 17
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Note_1b
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
01/09/2022 Ver 2.00.1465
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| **2 ** | Donations and legacies | Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 |
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | ||
| Regular Offerings | 61,584.74 | - | 61,584.74 | 60,231.85 | - | 60,231.85 | |
| Donations | 34,945.00 | 11,687.20 | 46,632.20 | 43,224.65 | 12,120.00 | 55,344.65 | |
| Gift Aid | 20,354.15 | 785.00 | 21,139.15 | 24,600.62 | 1,160.00 | 25,760.62 | |
| Legacies | - | - | - | 550.00 | - | 550.00 | |
| Church Life | 86.34 | - | 86.34 | 982.74 | - | 982.74 | |
| Other | 20,312.41 | 1,012.65 | 21,325.06 | 40,094.52 | 233.51 | 40,328.03 | |
| Totals | 137,282.64 | 13,484.85 | 150,767.49 | 169,684.38 | 13,513.51 | 183,197.89 | |
| The above restricted income was allocated to the Charity's missionary | and organisation | accounts | |||||
| 3 | Income from Investments | Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 |
| £ | £ | £ | £ | £ | £ | ||
| Interest | 52.54 | - | 52.54 | 141.90 | - | 141.90 | |
| Totals | 52.54 | - | 52.54 | 141.90 | - | 141.90 | |
| 4 | Income from activities | ||||||
| Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 | ||
| Use of premises: | £ | £ | £ | £ | £ | £ | |
| Cornerstone/Potters House | 2,502.40 | - | 2,502.40 | 146.40 | - | 146.40 | |
| Other Churches | 141.00 | - | 141.00 | 75.60 | - | 75.60 | |
| Other Groups | 486.40 | - | 486.40 | - | - | - | |
| Totals | 3,129.80 | - | 3,129.80 | 222.00 | - | 222.00 | |
| **5 ** | Expenditure on Charitable activities | ||||||
| Unrestricted | Restricted | 2022 | Unrestricted | Restricted | 2021 | ||
| £ | £ | £ | £ | £ | £ | ||
| Ministry: | |||||||
| Ministers' salaries, pension & n.i.c. | 63,514.07 | - | 63,514.07 | 61,351.10 | - | 61,351.10 | |
| Ministers expenses | 1,200.00 | - | 1,200.00 | 1,518.78 | - | 1,518.78 | |
| Church life | 669.48 | - | 669.48 | 602.81 | - | 602.81 | |
| 65,383.55 | - | 65,383.55 | 63,472.69 | - | 63,472.69 | ||
| Establishment: | |||||||
| Church and Halls | 26,304.85 | - | 26,304.85 | 33,067.51 | - | 33,067.51 | |
| Staff Accommodation | 7,382.87 | - | 7,382.87 | 5,974.80 | - | 5,974.80 | |
| Depreciation | 21,790.47 | - | 21,790.47 | 22,851.78 | - | 22,851.78 | |
| 55,478.19 | - | 55,478.19 | 61,894.09 | - | 61,894.09 | ||
| Mission: | |||||||
| Parents & Toddlers | - | 738.21 | 738.21 | - | 25.55 | 25.55 | |
| Other | - | 22,185.09 | 22,185.09 | - | 30,300.75 | 30,300.75 | |
| - | 22,923.30 | 22,923.30 | - | 30,326.30 | 30,326.30 | ||
| Administration: | |||||||
| Administrator's employment costs | 14,122.48 | - | 14,122.48 | 13,928.50 | - | 13,928.50 | |
| Sundry miscellaneous expenses | 25.00 | - | 25.00 | 4.40 | - | 4.40 | |
| Equipment or Works (not capitalised) | 499.00 | - | 499.00 | 1,579.91 | - | 1,579.91 | |
| Printing & stationery | 274.93 | - | 274.93 | 566.53 | - | 566.53 | |
| Subscriptions & donations | 1,998.55 | - | 1,998.55 | 3,720.78 | - | 3,720.78 | |
| 16,919.96 | - | 16,919.96 | 19,800.12 | - | 19,800.12 | ||
| Totals | 137,781.70 | 22,923.30 | 160,705.00 | 145,166.90 | 30,326.30 | 175,493.20 |
Page 18
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Notes
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
6 Staff costs and Trustees expenses
| Staff costs and Trustees expenses | |
|---|---|
| Ministers Salaries Admin Salaries Cleaners Salaries NI (National Insurance) Pension costs Other costs Trustee Services (Non Admin / Cleaning see notes below) Totals The average number of employees during the year |
Unrestricted Restricted 2022 Unrestricted Restricted 2021 £ £ £ £ £ £ 48,376.89 - 48,376.89 47,510.82 - 47,510.82 14,122.48 - 14,122.48 13,928.50 - 13,928.50 7,430.31 - 7,430.31 7,925.54 - 7,925.54 910.58 - 910.58 843.14 - 843.14 14,226.60 - 14,226.60 12,997.14 - 12,997.14 1,200.00 - 1,200.00 1,518.78 - 1,518.78 |
| 86,266.86 - 86,266.86 84,723.92 - 84,723.92 4,879.00 4,879.00 10,174.00 10,174.00 |
|
| 91,145.86 - 91,145.86 94,897.92 - 94,897.92 |
|
| was 6 6 |
No employee received emoluments in excess of £60,000 during the year (Last year none). Two Trustees, who are also employees (ministers), live in housing wholly owned by the church. No sums were reimbursed to the Trustees for their work as Trustees (Last year none). The Church pays pension contributions for one Minister to the Baptist Ministers Pension Trust Limited, The Church pays pension contributions for one Minister to the NEST Pension scheme
The Church pays pension deficit contributions to the Baptist Ministers Pension Trust Limited, which is a final salary defined benefit scheme, which is not contracted out of the State second pension.
The scheme is a multi-employer scheme and it is not possible to identify the assets and liabilities of the scheme which are attributable to the church. Therefore, in accordance with FRS102 Section 28, the liability to the scheme is accounted for on the basis of a discounted cashflow of contributions due under the Schedule of Contributions.
One trustee is also an admin worker, their wages of £7,083.66 (Last Yr £1,735.50) are included in Admin Salaries One trustee is also a cleaner, their wages of £2,533.79 (Last Yr £2,423.90) are included in Cleaners Salaries Charity permission for employed trustees is obtained via https://forms.charitycommission.gov.uk/appoint-a-member-of-staff/ A trustee involved in property maintenance has been utilised by the church, their payments are included as Trustee Services. Trustee services are carried out as per the guidance in Charity Commission Guidance Document CC11
7 Tangible Fixed assets
COST OR VALUATION Cost as at 31.03.21 Valuation as at 31.03.21 Additions Disposals As at 31.03.22 DEPRECIATION As at 31.03.21 Charged Eliminated As at 31.03.22 Net Book Value At 31 March 2022 At 31 March 2021 |
Manses Manse Refurb Church Prem Refurb, contents and Equipment Total £ £ £ £ £ 237,951.00 49,724.95 71,697.27 359,373.22 802,049.00 - - - 802,049.00 62,400.00 - - - 62,400.00 - 5,306.55 - - 5,306.55 |
|---|---|
| 1,102,400.00 44,418.40 71,697.27 - 1,218,515.67 |
|
| - 33,407.33 30,809.04 - 64,216.37 - 8,883.68 12,906.79 - 21,790.47 - 5,306.55 - - 5,306.55 |
|
| - 36,984.46 43,715.83 - 80,700.29 |
|
| 1,102,400.00 7,433.94 27,981.44 - 1,137,815.38 |
|
| 1,040,000.00 16,317.62 40,888.23 - 1,097,205.85 |
All of the fixed assets are used for direct charitable purposes. Some of the furniture and equipment, the valuation of which is not material, is also used for the management and administration of the church.
Page 19
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Notes
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
| 8 Debtors Inland Revenue Gift Aid 9 Cash and Bank Santander Current Account London Baptist Property Board Santander Business Savings Parents & Todlers Cash Totals 10 Creditors :amounts falling due within one year Utility Companies Totals |
Unrestricted Restricted 2022 Unrestricted Restricted 2021 £ £ £ £ 1,807.50 55.00 1,862.50 2,340.00 95.00 2,435.00 |
|---|---|
| 1,807.50 55.00 1,862.50 2,340.00 95.00 2,435.00 |
|
| Unrestricted Restricted 2022 Unrestricted Restricted 2021 £ £ £ £ £ £ 26,192.49 3,724.96 29,917.45 9,930.56 4,008.30 13,938.86 30,607.98 - 30,607.98 30,561.19 - 30,561.19 57,466.90 - 57,466.90 57,461.15 - 57,461.15 120.00 - 120.00 38.00 - 38.00 |
|
| 114,387.37 3,724.96 118,112.33 97,990.90 4,008.30 101,999.20 |
|
| Unrestricted Restricted 2022 Unrestricted Restricted 2021 £ £ £ £ £ £ 505.33 - 505.33 - - - |
|
| 505.33 - 505.33 - - - |
Page 20
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Notes
01/09/2022 17:57
WEALDSTONE BAPTIST CHURCH Registered charity number 1132143
| 11 Funds Free reserve Designated Fixed asset nbv fund Unrealised gains fund Refurbishment Unrestricted Total Restricted Bulgaria Fund Cambodia Ministry ECM (Memorys) HCSL Trust (RE:GENERATION) Home Mission Fund Members Support OMF (Pickards) Other Funds Tear Fund Walls M & R Wycliffe (McGrigg) Parents & Toddlers Totals 11a Funds (Last Year) Free reserve Designated Fixed asset nbv fund Unrealised gains fund Refurbishment Unrestricted Total Restricted Bulgaria Fund Cambodia Ministry ECM (Memorys) HCSL Trust (RE:GENERATION) Home Mission Fund OMF (Pickards) Other Funds Tear Fund Walls M & R Wycliffe (McGrigg) Parents & Toddlers Totals |
01.04.21 Incoming Expenditure Result Transfers Revaluations 31.03.22 £ £ £ £ £ £ £ 64,831.54 140,464.98 115,991.23 24,473.75 (16,115.75) - 73,189.54 295,156.85 - 21,790.47 (21,790.47) - - 273,366.38 802,049.00 - - - - 62,400.00 864,449.00 35,499.36 - - 7,000.64 - 42,500.00 |
|---|---|
| 1,132,705.21 - 21,790.47 (21,790.47) 7,000.64 62,400.00 1,180,315.38 |
|
| 1,197,536.75 140,464.98 137,781.70 2,683.28 (9,115.11) 62,400.00 1,253,504.92 |
|
| - 1,405.00 1,405.00 - - - - - 604.00 1,729.12 (1,125.12) 1,125.12 - - 55.00 4,100.00 6,370.36 (2,270.36) 2,250.36 - 35.00 - - 1,234.25 (1,234.25) 1,234.25 - - - - 1,687.80 (1,687.80) 1,687.80 - - - 150.00 150.00 - - - - - 180.00 180.00 - - - - - 258.20 258.20 - - - - - 15.00 15.00 - - - - 40.00 5,480.00 8,875.36 (3,395.36) 3,375.36 - 20.00 - 280.00 280.00 - - - - 4,008.30 1,012.65 738.21 274.44 (557.78) - 3,724.96 |
|
| 4,103.30 13,484.85 22,923.30 (9,438.45) 9,115.11 - 3,779.96 |
|
| 01.04.20 Incoming Expenditure Result Transfers Revaluations 31.03.21 £ £ £ £ £ £ £ 68,595.95 170,048.28 122,315.12 47,733.16 (44,334.25) - 71,994.86 310,845.31 - 22,851.78 (22,851.78) - - 287,993.53 802,049.00 - - - - - 802,049.00 6,661.86 - - 28,837.50 - 35,499.36 |
|
| 1,119,556.17 - 22,851.78 (22,851.78) 28,837.50 - 1,125,541.89 |
|
| 1,188,152.12 170,048.28 145,166.90 24,881.38 (15,496.75) - 1,197,536.75 |
|
| - 2,030.00 2,030.00 - - - - - 1,400.00 3,491.05 (2,091.05) 2,091.05 - - 55.00 3,900.00 6,737.04 (2,837.04) 2,837.04 - 55.00 - - 1,418.52 (1,418.52) 1,418.52 - - - - 2,127.84 (2,127.84) 2,127.84 - - - 180.00 180.00 - - - - 1,500.00 - - - (1,500.00) - - - 10.00 10.00 - - - - 40.00 5,480.00 11,317.04 (5,837.04) 5,837.04 - 40.00 - 280.00 2,989.26 (2,709.26) 2,709.26 - - 3,824.34 233.51 25.55 207.96 (24.00) - 4,008.30 - |
|
| 5,419.34 13,513.51 30,326.30 (16,812.79) 15,496.75 - 4,103.30 |
Fixed asset nbv fund is the initial value of the manses; additions and depreciation to Church premises and properties. Unrealised gains fund represents the increase in manse values since the original valuation.
Refurbishment monies are designated for refurbishment and major repairs to the church premises and manses. The trustees hold this fund as the cost of repairs and refurbishment exceed the ability to cover these from day to day costs. It will fund specific projects. e.g. The proposed refurbishment and refitting of the kitchen The Bulgaria Fund supports the Christian Ministry in Bulgaria of an ex member Cambodia Ministry supports the work in Cambodia of a member
ECM (Memorys) supports the Ministry of two members working with European Christian Mission. HCSL Trust Harrow Churches Schools Link Trust, working under the title 'Re:generation', provides support for schools in Harrow through school assemblies etc.
Home Mission Fund is the way churches in BUGB (The Baptist Union of Great Britain) support one another financially and share in the task of Encouraging Missionary Disciples
Members Support is used to provide occasional support for members in need OMF (Pickards) Support for Overseas Missions towards their work and the retirement support of ex members Other Funds Smaller and intermittent causes, the majority was for Firm Foundation a charity working with Harrow Homeless People Tear Fund Tearfund is a Christian charity that partners with churches in more than 50 of the world's poorest countries. Walls M & R Support for members working with Christians in central Asian countries
Wycliffe (McGrigg) Support for Wycliffe Bible Translators in Bible Translation and their support for a church member. Parents & Toddlers A Church based group providing a meeting place for parents and carers with babies and small children to relax and chat together while children play.
The trustees agree transfers from the unrestricted fund to some restricted funds on a regular basis based on a tithe of last years offerings and other income. The exact amount and allocation is reviewed by the trustees yearly and as required.
12 Related charities
The custodian Trustee of the church is The London Baptist Association which is charity number 1091160. The church is also a member of the Baptist Union of Great Britain and the London Baptist Association. The church made a donation to the Baptist Union Home Mission Scheme as set out in note 18. The church is a member of the Evangelical Alliance.
Page 21
D:\wbc\Accounts\Year 21-22\WBC Accounts 2021-22.xlsm Notes
01/09/2022 17:57
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of Wealdstone Baptist Church On accounts for the year 31[st] March 2022 Charity no 1132143 ended (if any) Set out on pages 14 to 21 of the Annual Report and Financial Statements I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31st March 2022 Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of The Association of Accounting Technicians .
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
| Signed: Name: |
30thJanuary 2023 | |
|---|---|---|
| Sylvia Bourhill |
1
- 22 -
Relevant professional FMAAT qualification(s) or body 10241689 (if any):
Address:
1[st] Floor, Bourne House Cores End Road Bourne End SL8 5AR
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
- 23 -