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2021-12-31-accounts

Trustees' Annual Report for the period

Period start date Period start date Period end date Period end date
From 1st Jan 2021 To 31st Dec 2021

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
7
8
9
10
11
12
13
14
15
16		 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 Until 19thMay2021 Church Members’ Meeting
Mrs J Nobbs Secretary Church Members’ Meeting
Mr D Evans Trustee Until 19thMay2021 Church Members’ Meeting
Mrs M Franks Trustee Church Members’ Meeting
Miss C Tunbridge Trustee Until 19thMay2021 Church Members’ Meeting
Miss C Tunbridge Treasurer From 19thMay2021 Church Members’ Meeting
Mrs A Bowler Trustee Church Members’ Meeting
Mr G Barnett Trustee From 19thMay2021 Church Members’ Meeting
Mrs A Bodinham Trustee From 19thMay2021 Church Members’ Meeting
Mrs L Weir Trustee Until 19thMay2021 Church Members’ Meeting
Mr M Wilton Trustee Church Members’ Meeting
Mr G Lloyd Trustee Until 19thMay2021 Church Members’ Meeting
Mr G Guy Trustee Church Members’ Meeting
Mr TonyBray Trustee Church Members’ Meeting
Mrs Ruth Newton Trustee Church Members’ Meeting
Mr J Miller Trustee From 19thMay2021 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 2022

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. Most recent amendment Type of governing document approved by church members 24 November 2021. (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:

TAR

October 2022

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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.

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 2022

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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. The year 2021 started with the country still operating under covid restrictions and regular activities were still suspended or switched to use online platforms. The church services were livestreamed weekly, and zoom was used to connect for meetings. As restrictions eased, smaller ticketed services resumed, with the livestream continuing. The Covid regulations allowed the Food Bank to continue, and they experienced a continuing and 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 continued to be advertised for people to request help, or give offers of help, for those who were isolated, shielding or in any form of need. As the year progressed the use of the premises was able to resume as a focus for the community, with some tenants returning to in-person meetings and the church was able to restart or launch new community initiatives. September saw a major step forward with activities; all the youth groups were back to full capacity and the Little Fishes toddler group restarted after an 18 month pause. Our youth worker was able to run the clubs in our premises and was able to have access to the local secondary school again. In 2020 the church committed to a five-year vision plan 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). As a result of this, the Dovecote Café was launched in September 2021, which operates twice a week and focusses on being a safe place where it is ‘ok not to be ok’. Its primary focus is to support people who may have mental health needs. The church also committed to work with other local organisations with regards to their ‘ecological footprint’. In May 2021 the church gained the Bronze Eco-Church Award through A Roche , and in October was a contributory partner in the Kidlington Eco Festival . The Eco-Church award focuses on worship and teaching, management of church buildings, management of church land, community and global engagement, and lifestyle. The country has been through difficult and unprecedented times, and feedback 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 2022

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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 2021, the church had higher reserves than usual. This was intentional, as a means of managing the uncertainty going in to 2022 in the face of Covid and also mindful of the rising cost of utilities and inflation.. Details of any funds materially There are no funds materially in deficit. in deficit

Further financial review details (Optional information)

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

The Charity’s principal source of funding is the regular giving of the members through offerings. This remained stable through the year, despite Covid.

In the autumn a contactless payment system was successfully introduced for receiving donations, particularly those that are one-off, alongside existing means (cash, cheque, bank transfer).

During the year the charity undertook an agreed change to The Cooperative Bank as main banking provider. This choice by the members was because The Co-operative Bank has clear ethical policies.

Section F Other optional information

Only one Trustee, namely the Minister, is in receipt of emoluments, including pension contributions, in total amounting to £39,752.27. 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 Katherine Tunbridge
Position (eg Secretary,
Chair, etc)
Secretary
Treasurer
Date24October 2022
Jacqueline Mary Nobbs Clare Katherine Tunbridge
Secretary Treasurer
24October 2022
24October 2022

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October 2022

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Kidlington Baptist Church

UK Registered Charity number 1132164

Financial Statements For the year ended 31 December 2021

Kidlington Baptist Church – Accounts for the year ended 31.12.21

1

Kidlington Baptist Church

Income and expenditure account for the year ended 31 December 2021


Income:
Offerings
Inland Revenue tax claim
Furlough
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
Other grants
Total Expenditure
Net of income/(expenditure)
Funds at 31 December 2020
Transfers
Funds at 31 December 2021		 year to
31 Dec 2021
General
Funds
£
year to
31 Dec 2021
Designated
Funds
£
year to
31 Dec 2021
Restricted
Fund
£
year to
31 Dec 2021
Restricted
Capital Fund
£
year to
31 Dec 2021
Total
Funds
£
year to
31 Dec 2020
Total
Funds
£
109,221
109,221
105,471
26,634
965
27,599
22,815
6,185
6,185
01
14
14
76
4,485
4,485
7,854
266
701
4,117
5,084
5,966
140,620
701
11,267
0
152,588
142,181
75,289
6,185
81,474
76,723
801
801
561
5,084
5,084
5,209
1,185
2,185
3,370
1,920
6,034
6,034
11,609
2,723
2,723
1,917
11,361
11,361
9,775
3,348
3,348
3,525
1,633
2,767
4,951
9,351
4,310
7,200
7,200
7,050
7,500
7,500
7,350
13,793
13,793
9,743
250
250
0
122,406
16,560
13,321
0
152,287
139,693
18,214
(15,859)
(2,054)
0
301
2,488
35,634
5,481
9,557
691,570
742,242
739,754
(13,968)
13,975
(7)
0
0
39,880
3,597
7,489
691,570
742,543
**742,242 **

1 For 2020 furlough scheme income was £3,395 but was presented within net Employments Costs. See page 6.

Kidlington Baptist Church – Accounts for the year ended 31.12.21

Kidlington Baptist Church Balance Sheet as at 31 December 2021

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
Other restricted
Total charity funds
2		 2021
2020
Total Funds
Total Funds
£
£
691,570
**691,570 **
691,570
**691,570 **
38,374
52,318
15,479
903
(2,880)
(2,549)
50,973
**50,672 **
742,543
742,242
39,880
35,634
3,597
5,481
691,570
691,570
7,496
9,557
742,543
**742,242 **

Approved by the Trustees on 25 May 2022 and signed on its behalf by:

Clare Tunbridge (Treasurer)

Kidlington Baptist Church – Accounts for the year ended 31.12.21

3

Notes forming part of the Financial Statements for the year ended 31 December 2021

1. Fixed Tangible Assets

Church site and buildings
Manse
Total Fixed Tangible Assets		 2021
£
2020
£
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
Junior Church for Compassion
Dovecote
10% fund
Confidential Fund
Total Designated
Total Unrestricted
Restricted funds
Capital Asset Reserve
Restricted grants
Total Restricted
Total funds		 At 1 Jan 2021
Incoming
Resources
Transfers
Outgoing
Resources
At 31 Dec
2021
£
£
£
£
£
35,634
140,620
(13,968)
(122,406)
39,880
681
0
(681)
0
0
431
42
0
(431)
42
0
506
0
(336)
170
0
153
681
0
834
3,185
0
12,775
(13,793)
2,167
1,184
0
1,200
(2,000)
384
5,481
701
13,975
(16,560)
3,597
41,115
141,321
7
(138,966)
43,477
691,570
0
0
0
691,570
9,557
11,267
(7)
(13,321)
7,496
701,127
11,267
(7)
(13,321)
699,066
742,242
152,588
0
(152,287)
742,543

General funds of £39,880 represent 33% or 4.0 months of general expenditure which is above the charity’s reserves policy.

Kidlington Baptist Church – Accounts for the year ended 31.12.21

4

3. Analysis of Charitable Funds continued

Restricted grants can be further analysed as follows:

10% reserve
Youth Projects/Soul Survivor
Little Fishes
Gift Day – share for Vision
enabling
Office Air Conditioning
Worship Group Fund
Homeless Oxon
Men's Group
Anniversary - Gatehouse
Ambulance gardening
Nepal (P Ewart)
Marathon Challenge
Youth weekend away
Youth social event
Embrace Middle East
Asylum Welcome
Christian Aid
Potters Village/Jenny Green
Tearfund/Toilet Twinning
Syrian Refugee project
Sailors Society
Josef Kovacs
Furlough funds		 At 1 Jan
2021
£
Incoming
Resources
£
Outgoing
Resources
£
Transfers
At 31 Dec
2021
£
3,999
(770)
3,229
1,409
1,409
0
625
625
858
500
(851)
507
500
500
484
484
700
312
(810)
202
91
91
0
696
(606)
90
0
438
(348)
90
70
70
0
137
(90)
47
0
1,853
(1,808)
45
0
409
(377)
32
30
30
5
112
(89)
28
17
17
110
(110)
0
237
(237)
0
3
(3)
0
4
(4)
0
1,040
(1,040)
0
0
6,185
(6,185)
0
9,557
11,267
(13,321)
(7)
7,496

Kidlington Baptist Church – Accounts for the year ended 31.12.21

5

4. Detailed expenditure account (unrestricted funds)

2021 2020
£ £ £ £
Employment Costs2
Minister 39,753 39,219
Youth Worker 28,572 28,875
Administrator 10,050 9,804
Cleaners 3,099 2,219
Less furlough payments received (6,185) (3,395)
75,289 76,723
Minister
Other minister funds 801 561
801 561
Manse
Maintenance 0 199
Council Tax and Water 3,298 3,186
Heating & Lighting 1,366 1,424
Insurance 420 399
5,084 5,209
Youth Work
Youth Activities 580 1,051
Friday Clubs 605 870
1,185 1,920
Lettings3
Administrator 4,095 4,248
Heating & Lighting 288 1,673
Cleaning 168 1,026
Repairs & Maintenance 128 2,021
Insurance 1,078 1,076
Other 277 1,565
6,034 11,609
Administration
Fees & Subscriptions 1,287 1,471
Other 1,434 446
2,721 1,917
Church premises
Heating & Lighting 3,053 2,505
Cleaning 2,486 526
Repairs & Maintenance 2,255 3,553
Insurance 1,078 1,076
Other 2,489 2,115
11,361 9,775
General expenses
Catering 292 208
Visiting preachers 593 282
Publicity & Literature 232 347
Other 2,231 2,688
3,348 3,525

2 YW apparent reduction in 2021 due to difference in allocation of NI Employers Allowance across roles, compared to 2020.

3 Pre-Covid,66%s 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 in 2020 and 80:20 in 2021 (church premises: lettings). Insurance is split 50:50.

Kidlington Baptist Church – Accounts for the year ended 31.12.21

6

4. Detailed expenditure account (cont.) 2021 2020
£ £ £ £
Activities, Outreach and Grants
Outreach events 307 235
Junior Church 501 719
Churches Together in Kidlington 0 200
Training 825 110
1,633 1,265
Home Mission Fund 7,200 7,050
Baptist Missionary Society 7,500 7,350
Other grants 250 0
Total Unrestricted Expenditure 122,406 126,904
Designated expenditure 16,560 10,842
Restricted grants 13,321 1,947
Total Restricted and Designated
Expenditure 29,881 12,788
Total expenditure 152,287 139,693
5. 10% Fund
2021 2020
£ £ £ £
A Rocha 125 125
Christians in Science 500 500
IFES (Naomi Dawson) 3,000 3,000
Isabel Powell 420 105
Jenny Green 560 840
Józef Kovacs 500 400
Link to Hope 300 300
Potters Village 890 1,400
The Porch 1,100 500
Verité Sport 1,773 1,773
Asylum Welcome 1,005 0
CBM 500 0
Harding College 500 0
Mid Wessex Camps 500 0
Regents Park Covid Hardship funds 500 0
Renew Wellbeing 500 0
Tearfund 620 0
Wycliffe 500 0
Bicester Christian Action 0 100
Judkins 0 200
Witney New Life Church 0 500
Total 10% Fund 13,793 9,743

Kidlington Baptist Church – Accounts for the year ended 31.12.21

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 £12,064 (2020 £15,102).

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 31.12.21

8

Independent examiners report on Kidlington Baptist Church income statement 31" December 2021 To the members of Kidlington Baptist Church Following 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 20 October 2022