|||||||||
|---|---|---|---|---|---|---|---|
|**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**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
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**
**TAR**
October 2021
1
## **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
- (eg. trust, association, company)
- Elected for a renewable three-year term of office by the Church Members’
- Trustee selection methods Meeting. With the exception of the Minister, a Trustee is only allowed to
- (eg. appointed by, elected by) serve for a maximum of six years but may be re-elected after a minimum gap of one year.
## **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.
## **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._
**TAR**
October 2021
2
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:
- regular public worship, prayer, Bible study, preaching and teaching;
- Baptism as defined in the Baptist Union’s Declaration of Principle;
- • the Communion of the Lord’s Supper, normally observed at least once a month;
**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)**
- evangelism and mission, locally, regionally, nationally and internationally;
- the teaching encouragement, welcome and inclusion of young people;
- nurture and growth of Christian disciples;
- education and training for Christian and community service;
- giving and encouraging pastoral care;
- supporting and encouraging charitable social action in the UK and abroad;
- encouraging relationships with and supporting Baptists and other Christians.
## **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:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
**TAR**
October 2021
3
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.
**TAR**
October 2021
4
## **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:
- 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**
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
**TAR**
October 2021
5
## **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
8
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