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2020-12-31-accounts
Trustees' Annual Report for theperiod
From Period start date To Period end date
1st Jan 2020 31st Dec 2020

Section A Reference and administration details

Charity name Kidlington Baptist Church

Other names charity is known by Registered charity number (if any) 1132164

Charity's principal address High Street Kidlington Oxfordshire Postcode OX5 2DS

Names of the charity trustees who manage the charity

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2
3
4
5
6
7
8
9
10
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12
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15		 Trustee name Office (if any) Dates acted if not for
**whole year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Rev P Durrant Minister and Chair Special Church Members’
Meeting
Mr C Robins Treasurer Church Members’ Meeting
Mrs J Nobbs Secretary Church Members’ Meeting
Mr D Evans Trustee Church Members’ Meeting
Mrs M Franks Trustee Church Members’ Meeting
Miss C Tunbridge Trustee Church Members’ Meeting
Mrs A Bowler Trustee Church Members’ Meeting
Mr J Chisnall Trustee Until 20/09/20 Church Members’ Meeting
Mr C Talas Trustee Until 20/09/20 Church Members’ Meeting
Mrs L Weir Trustee Church Members’ Meeting
Mr M Wilton Trustee Church Members’ Meeting
Mr G Lloyd Trustee Church Members’ Meeting
Mr G Guy Trustee Church Members’ Meeting
Mr TonyBray Trustee From 20/09/20 Church Members’ Meeting
Mrs Ruth Newton Trustee From 20/09/20 Church Members’ Meeting

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

Name Dates acted if not for whole year

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October 2021

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Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
Independent
Examiner		 Mr Ian Parkinson
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 of Kidlington Baptist Church 28th July 2009 Type of governing document (eg. trust deed, constitution) Charitable Unincorporated Association How the charity is constituted

Additional governance issues (Optional information)

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

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

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 UK and/or other parts of the world.

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October 2021

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The Trustees have had regard to the guidance issued by the Charity Commission on public benefit and the advancement of religion for public benefit. Accordingly the church activities may include, but are not restricted to:

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)

Additional details of objectives and activities (Optional information)

The church is indebted to the large number of members who carry out an extensive programme of duties in support of the ministry of the church. Without the aid of these volunteers the church could not fulfil its activities or meet its objectives.

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

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October 2021

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Section D Achievements and performance

Summary of the main achievements of the charity during the year

The church, in fulfilling our purposes as a charity, has sought to deliver the objectives that are for the public good. The task of being a Christian Church has been fulfilled through regular, open worship sessions to which the public are always invited. Baptisms and Communion have been celebrated, the ongoing work with children and young people has continued in what is clearly a multi-ethnic congregation and community. In no way are these efforts confined to the already believing community.

For the first three months of 2020 the church continued its established activities which benefitted the community:

We offered our premises to the wider community and were used by over twenty-five different groups with no direct church link. Our support of and for the homeless continued through regular donations of food to a local agency. Similarly, our participation in the North Oxfordshire Food Bank continued through volunteers as well as regular donations and the use of our premises weekly. This latter involvement illustrated the partnerships we work in with other churches and the wider community. Our youth worker not only rans clubs in our premises but linked with the local secondary school. Our Oasis Café, continued into the spring and our “Little Fishes” toddler group, which had a distinctively Christian atmosphere and deliberately opened to the wider community, was thriving.

From mid-March, and as a consequence of the arrival of Covid, the church followed national guidelines and closed the premises. Regular activities were suspended or switched to use online platforms. Thanks to the skill of some of the members, the church services were livestreamed from the first week of lockdown, and zoom was used to connect for meetings.

The Covid regulations allowed the Food Bank to continue, and they experienced an increased need in the local community,. The church was able to accommodate the additional workload by allowing more space for food storage and distribution. A dedicated email address was advertised for people to request help, or give offers of help, for those who were isolated, shielding or in any form of need..

The church continued with its envisioning process, a time to reflect on how the church can have more of an impact on the community and the wider world. Feedback was welcomed from all, to highlight particular areas of need within the community which the church would be able to address. In July the church agreed to a five-year vision in which they would focus on three specific areas which would impact the local community: 1. Evangelism: Sowing God’s Word (sharing God’s love with those who live alongside us). 2. Social action: Sharing God’s Peace (with the exploration of setting up a community café or hub). 3. Ecology: Safeguarding God’s Creation (working with others towards a greener Kidlington and safeguard the planet).

In difficult and unprecedented times, feed-back from the community suggests that without the existence of the Church the wider community would be severely lacking in both resources and community spirit.

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October 2021

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Section E Financial review

Our policy is reviewed regularly; the current policy is to maintain a Brief statement of the General Reserve equal to at least 15% of overall general expenditure. charity’s policy on reserves For the Financial Year ending 31 December 2020, the church had slightly higher reserves than usual. This was intentional, as a means of managing the uncertainty going in to 2021 in the face of Covid. Details of any funds materially There are no funds materially in deficit. in deficit

Further financial review details (Optional information)

The Charity’s principal source of funding is the regular giving of the You may choose to include members through offerings. This remained stable through the year, additional information, where despite Covid. relevant about:

Section F Other optional information

Only one Trustee, namely the Minister, is in receipt of emoluments, including pension contributions, in total amounting to £35,913. In addition, housing owned wholly by the Church is provided for the fulfilment of his duties.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Jacqueline Mary Nobbs Clare KatherineTunbridge Position (eg Secretary, Secretary Treasurer Chair, etc) Date 11 October 2020

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Kidlington Baptist Church

UK Registered Charity number 1132164

Financial Statements For the year ended 31 December 2020

Kidlington Baptist Church – Accounts for the year ended 31.12.20

1

Kidlington Baptist Church

Income and expenditure account for the year ended 31 December 2020


Income:
Offerings
Inland Revenue tax claim
Interest
Lettings
Other
Total Income
Expenditure:
Employment costs
Minister
Manse
Youth Work
Lettings
Administration
Church Premises
General expenses
Activities, Outreach and grants
Home Mission Fund
Baptist Missionary Society
10% Fund
Church Weekend Away
Total Expenditure
Net of income/(expenditure)
Funds at 31 December 2019
Transfers
Funds at 31 December 2020		 year to
31 Dec 2020
General
Funds
£
year to
31 Dec 2020
Designated
Funds
£
year to
31 Dec 2020
Restricted
Fund
£
year to
31 Dec 2020
Restricted
Capital Fund
£
year to
31 Dec 2020
Total
Funds
£
year to
31 Dec 2019
Total
Funds
£
105,471
0
105,471
105,844
22,752
63
22,815
24,545
76
76
67
7,854
7,854
21,686
2,510
417
3,039
5,966
29,273
138,662
417
3,101
0
142,181
181,415
76,723
76,723
62,845
561
561
2,708
5,209
5,209
24,255
1,920
1,920
5,286
11,609
11,609
20,674
1,917
1,917
3,081
9,775
9,775
5,768
3,525
3,525
5,457
1,265
1,099
1,947
4,310
7,304
7,050
7,050
6,892
7,350
7,350
7,191
9,743
9,743
14,448
0
0
16,886
126,904
10,842
1,947
0
139,693
182,795
11,758
(10,425)
1,155
0
2,488
(1,380)
37,389
2,392
8,403
691,570
739,754
741,134
(13,513)
13,513
0
35,634
5,481
9,557
691,570
742,242
739,754

Kidlington Baptist Church – Accounts for the year ended 31.12.20

2

Kidlington Baptist Church Balance Sheet as at 31 December 2020

Notes
Fixed Tangible Assets
1
Current Assets
Cash at bank and in hand
Debtors
Current Liabilities
Creditors
Total Current Assets
Total Net Assets
2
The funds of the charity
Unrestricted income funds
General
Designated
Restricted income Funds
Capital asset reserve
Capital loans
Other restricted
Total charity funds
2		 2020
2019
Total Funds
Total Funds
£
£
691,570
691,570
691,570
691,570
52,318
46,638
903
1,872
(2,549)
(326)
50,672
48,184
742,242
739,754
35,634
37,389
5,481
2,392
691,570
691,570
0
0
9,557
8,403
742,242
739,754

Approved by the Trustees on 10 May 2021 and signed on its behalf by:

Chris Robins (Treasurer)

Kidlington Baptist Church – Accounts for the year ended 31.12.20

3

Notes forming part of the Financial Statements for the year ended 31 December 2020

1. Fixed Tangible Assets

. Fixed Tangible Assets
Church site and buildings
Manse
Total Long Term Loans		 2020
£
2019
£
566,570
566,570
125,000
125,000
691,570
**691,570 **

The church site and buildings are valued at the cost of refurbishment in 2011. The manse is valued at the historic rebuild cost provided by the insurers.

2. Analysis of Charitable Funds

2. Analysis of Charitable Funds
Unrestricted funds
General funds
Designated funds
Oasis
Little Fishes
10% fund
Confidential Fund
Total Designated
Total Unrestricted
Restricted funds
Capital Asset Reserve
Restricted grants
Total Restricted
Total funds		 At 1 Jan 2020
Incoming
Resources
Transfers
Outgoing
Resources
At 31 Dec
2020
£
£
£
£
£
37,389
138,662
(13,513)
(126,904)
35,634
264
417
0
0
681
431
0
0
0
431
1,114
0
11,813
(9,743)
3,185
583
0
1,700
(1,099)
1,184
2,392
417
13,513
(10,842)
5,481
39,781
139,080
0
(137,746)
41,115
691,570
0
0
0
691,570
8,403
3,101
0
(1,947)
9,557
699,973
3,101
0
(1,947)
701,127
739,754
142,181
0
(139,693)
742,242

General funds of £35,634 represent 28.1% or 3.4 months of general expenditure which is above the charity’s reserves policy. Deficits are anticipated during reopening after lockdown that will significantly reduce the amount held in reserves.

Kidlington Baptist Church – Accounts for the year ended 31.12.20

4

3. Analysis of Charitable Funds continued

Restricted grants can be further analysed as follows:
At 1 Jan Incoming Outgoing At 31 Dec
2020 Resources Resources 2020
£ £ £ £
Office Air Conditioning 0 500 500
Manse Fund (38) 38 0
Youth Projects/Soul Survivor 1,339 70 1,409
Worship Group Fund 484 484
Men's Group 91 91
10% reserve 3,999 3,999
BMS 0 80 (80) 0
Spurgeon’s Childcare 0 409 (409) 0
Gift Day 888 1,305 (1,335) 858
Homeless Oxon 0 700 700
Asylum Welcome 128 (123) 5
Potters Village/Jenny Green 110 110
Tear Fund/Toilet Twinning 237 237
Embrace Middleast 30 30
Syrian Refugee project 3 3
Christian Aid 17 17
Nepal (P Ewart) 70 70
Sailors Society 3 3
Josef Kovacs 1,040 1,040
8,403 3,101 (1,947) 9,557

Kidlington Baptist Church – Accounts for the year ended 31.12.20

5

4. Kidlington Baptist Church

Year ended 31 December 2020 Detailed expenditure account (unrestricted funds)

2020 2019
£
£		 £
£
Employment Costs
Minister 39,219 29,270
Youth Worker 28,875 26,843
Administrator 9,804 5,622
Cleaners 2,219 1,109
Less furlough payments received (3,395) 0
76,723
62,845
Minister
Retirement and Recruitment costs 0 2,065
Other minister funds 561 644
561
2,708
Manse
Maintenance 199 10,415
Council Tax and Water 3,186 3,073
Heating & Lighting 1,424 976
Insurance 399 387
5,209
14,850
Youth Work
Youth Activities 1,051 796
Friday Clubs 870 1,583
1,920
2,379
Lettings
Administrator 4,248 8,026
Heating & Lighting 1,673 3,152
Cleaning 1,026 2,268
Repairs & Maintenance 2,021 3,125
Insurance 1,076 1,463
Other 1,565 2,640
11,609
20,674
Pre-Covid, two-thirds of Church Premises costs and Administrator’s salary were allocated against Lettings; during
lockdown this fell to zero; when lettings resumed in the autumn costs were split 50-50.
Administration
Fees & Subscriptions 1,471 1,051
Other 446 2,030
1,917
3,081
Church premises
Heating & Lighting 2,505 1,576
Cleaning 526 22
Repairs & Maintenance 3,553 2,415
Insurance
Other		 1,076
2,115		 1,754
9,775
5,768
General expenses
Catering 208 1,247
Visiting preachers 282 617
Publicity & Literature 347 69
Other 2,688 3,334
3,525
5,267

Kidlington Baptist Church – Accounts for the year ended 31.12.20

6

4. Detailed expenditure account 2020 2019
(cont.)
£ £ £ £
Activities, Outreach and Grants
Outreach events 235 527
Junior Church 719 551
Churches Together in Kidlington 200 300
Church Weekend Away 0 190
Library 0 0
Training 110 1,729
Other grants 0 0
1,265 3,298
Home Mission Fund 7,050 6,892
Baptist Missionary Society 7,350 7,191
Total Unrestricted Expenditure 126,904 134,951
Designated expenditure 10,842 16,027
Weekend Away 0 16,696
Restricted grants 1,947 15,121
Total Restricted and Designated
Expenditure 12,788 47,844
Total expenditure 139,693 182,795
5. 10% Fund
A Rocha 125 0
Bicester Christian Action 100 0
Christians in Science 500 0
IFES (Naomi Dawson) 3,000 2,250
Isabel Powell 105 0
Jenny Green 840 840
Jozsef Kovacs 400 0
Judkins 200 0
Link to Hope 300 0
Potters Village 1,400 3,400
The Porch 500 0
Verité Sport 1,773 1,773
Witney New Life Church 500 0
A&J Persson 500
Asylum Welcome 500
BMS (Brown's project) 2,000
Krickwin Marak 500
Links International 500
Medair 500
Oxford Schools Chaplaincy 500
Reign Ministries 100
Sorted Magazine 600
V Lal (OM Pakistan) 350
Wall of Answered Prayer 135
Total 10% Fund 9,743 14,448

Kidlington Baptist Church – Accounts for the year ended 31.12.20

7

Pensions note for accounts – for employers participating in BPS only

The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme (“the Scheme”). The Scheme is a separate legal entity which is administered by the Pension Trustee (Baptist Pension Trust Limited).

The Minister and some members of the church staff are eligible to join the Scheme.

Since January 2012, pension provision has been made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts. In addition, the employer pays a further 4% of Pensionable Income (or 3% if the employer is in the segregated DC section) to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members in the event that they are unable to work due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva. Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%.

Benefits in respect of service prior to 1 January 2012 are provided through the Defined Benefit (DB) Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pension of one eightieth of Final Minimum Pensionable Income for each year of Pensionable Service, together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income. The Scheme, previously known as the Baptist Ministers’ Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011.

A formal valuation of the Defined Benefit (DB) Plan was performed at 31 December 2019 by a professionally qualified Actuary using the Projected Unit Method. The market value of the DB Plan assets at the valuation date was £298million.

The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £18 million (equivalent to a past service funding level of 94%). As a result of the valuation, in addition to the contributions to the DC Plan set out above, it was agreed that the standard rate of deficiency contributions from churches and other employers involved in the DB Plan will remain at previously agreed levels, increasing each year in line with increases in the Minimum Pensionable Income. The deficiency contributions are broadly based on 12% of Pensionable Income / Minimum Pensionable Income, reflecting each employer’s contributions in March 2015. Some employers that were involved in the DB Plan for a short period pay lower contributions. The Trustee and the Council agreed a 50% reduction for all deficiency contributions payable between 1 July 2020 to 31 December 2020.

In addition, the Baptist Union of Great Britain agreed to contribute a lump sum of £0.5m by 31 December 2020. The current Recovery Plan dated 30 September 2020 envisages deficiency contributions continuing until 30 June 2026.The key financial assumptions underlying the valuation were as follows :

Type of assumption % pa
RPI price inflation assumption 3.20
CPI price inflation assumption 2.70
Minimum Pensionable Income increases (CPI plus 0.75% pa) 3.20
Assumed investment returns
- Pre-retirement 2.95
- Post retirement 1.70
Deferred pension increases
- Pre April 2009 3.20
- Post April 2009 2.50
Pension increases 2.70

As there is a large number of contributing employers participating in the Scheme, the Church is unable to identify its share of the underlying assets and liabilities of the scheme. Accordingly, due to the nature of the Scheme, the profit and loss charge for the period represents the employer contributions payable. The total pension cost for the Church is £15,102 (2019 £10,949).

The next actuarial valuation of the DB Plan within the Scheme is due as at 31 December 2022.

Kidlington Baptist Church – Accounts for the year ended 31.12.20

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Independent examiners report on Kidlington Baptist Church income statement 31st December 2020 To the member5 of Kidlington Baptist Church Followin8 my review of the annual report for the above year, gives a true and fair view of the finances of the organisation lan Parkinson FCA 7967032 Date 14 September 2021