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FINANCE
REPORT
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||Notes|Unrestricted|Unrestricted|Designated|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|---|---|
|Income and endowments|||||||||
|Donations
and legacies|2||97709|0|12591|0|110300|113115|
|Investment
income|3||21920|5737|0|0|27657|30118|
|Charitable
activities|4||23350|8950|0|0|32300|22255|
|Other|||||||0|0|
|Total incoming
resources||142979||14687|12591|0|170257|165487|
|Expenditure|||||||||
|Raising Funds|5||3363|1481|||4844|4575|
|Charitable
Activities|6|134662||11861|12906|5355|164784|135260|
|Other expenditure|7||22480|96|0|0|22576|20706|
|Total Expenditure||160505||13438|12906|5355|192204|160542|
|Net incoming resources|||||||||
|before gains on investments||-17527||1249|-315|-5355|-21948|4946|
|Increase on investment
value||||-14380|||-14380|35213|
|Net Income for the Year||-17527||-13131|-315|-5355|-36328|40159|
|Transfers
between
funds|17-19|||-25|||0|0|
|Net movement
in Funds||-17502||-13156|-315|-5355|-36328|40159|
|Other recognised gains/(losses)|||||||||
|Net gains/ (losses) on the|||||||||
|revaluation
offixed assets.|||||||0|0|
|Actuarial
gains/ (losses) on|||||||||
|defined benefit pension scheme|21||16643||||16643|89|
|Net movement
in Funds|||-859|-13156|-315|-5355|-19685|40248|
|Total Funds brought
forward|||64043|326352|1118|407269|798782|758535|
|Total Funds carried forward|||63184|313196|803|401914|779097|798782|
|Comparative
figures for each fund are||shown|in the|notes to the accounts.|||||
##
##
|||||Notes|2022|2022|2021|2021|
|---|---|---|---|---|---|---|---|---|
|||||||P.|||
|Tangible
Fixed Assets||||||423699||433706|
|Current Assets|||||||||
|Stocks||||12|1061||1435||
|Debtors||||13|15972||7807||
|Investments||||14|325210||315683||
|Bank &cash||||15|15616||62337||
||||||357860||387262||
|Current
Liabilities|||||||||
|Creditors:|amounts|falling due|||||||
||within one||year||2462||3487||
|Net Current Assets||||||355398||383776|
|Total Assets|less current||liabilities|||779097||817481|
|Defined benefit pension|||scheme|21||||-18700|
|Net Assets||||||779097||798782|
|Charitable
Funds|||||||||
|Endowment||||17||401914||407269|
|Restricted||||18||803||1118|
|Designated||||19||313196||326352|
|Unrestricted||||20||63184||64043|
|||||||779097||798782|
##
|||||UnrestrictedDesignated|UnrestrictedDesignated|Restricted|Endowment|Endowment|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
|3.
Investment
Income|||||||||||
|Rent received from|8The Dell|||21687|||||21687|22610|
|Bank & investment|interest|||233|2827||||3060|5655|
|Dividends
from invested||funds|||2910||||2910|1853|
|||||21920|5737|||0|27657|30118|
|4.
Income from charitable|||activities||||||||
|Trading
income|||||||||||
|Rents and room hire||||23350|||||23350|19614|
|Refresh cafe|||||756||||756|0|
|Fair trade|||||730||||730|362|
|Other organisation|income||||||||||
|Flower Fund|||||514||||514|194|
|Tuesday Together 8.Lunch|||Club||5891||||5891|1830|
|WotsTots|||||1059||||1059||
|Coffee|||||0||||0|7|
|||||23350|8950|||0|32300|22255|
|5. Raising funds|||||||||||
|Investment
management||costs|||1481||||1481|1319|
|Manse letting fees||||3363|||||3363|3256|
|||||3363|1481|||0|4844|4575|
|6. Charitable
activities|||||||||||
|Ministry||||54460|||||54460|45090|
|Mission - external donations||||18525|150|12591|||31266|34827|
|Mission - other expenditure||||149|7374||||7523|2274|
|Establishment||||61528|4337|315||5355|71535|54427|
|||||134662|11861|12906||5355|164784|136618|
|7. Other expenditure|||||||||||
|Support Costs||||22480|||||22480|19860|
|Other Costs|||||96||||96|0|
|Governance
costs|||||||||0|0|
|||||22480|96|||0|22576|19860|
##
##
|YEAR ENDED|31 DECEMB|31 DECEMB|31 DECEMB|31 DECEMB|ER 2022||||||
|---|---|---|---|---|---|---|---|---|---|---|
|11. Tangible|Fixed Assets||||||||||
||||||||Freehold|Fixtures, Fittings||Total|
||||||||Property|&Equipment|||
|||||||||2|||
|Cost|||||||||||
|At 1 January 2022|||||||535545|238051||773596|
|Additions|||||||0|0||0|
|Disposals|||||||0|0||0|
|Adjustment|||||||0|0||0|
||||||||535545|238051||773596|
|Depreciation|||||||||||
|At 1 January 2022|||||||128276|211614||339890|
|Charge for the|year||||||5355|4652||10007|
|On Disposals|||||||0|0||0|
||||||||133631|216266||349897|
|Net Book Value||||at|31 December|2022|401914|21785||423699|
|||||at|31 December|2021|407269|26437||433706|
|||||||||||Insured|
|Freehold valuation|||||||Date|Cost||Value|
|||||||||||E|
|Land at Reedley||Road|||||1945|2200||0|
|Church
buildings||at Reedley|||Road||1951/68/94/2009/1 7|523919||4355630|
|Manse, 8The Dell,|||Westbury||on Trym||1947|3776||404802|
|Caretaker's
House:|||1 Brainsfield, WoT||||1970|5650||255029|
|||||||||535545||5015461|
|All the fixed assets|||are used||for charitable|purposes.|||||
|||||||||2022|2021||
|12.Stocks||||||||2|F.||
|Fair trade goods||||||||1061|1374||
|Other||||||||0|61||
|||||||||1061|1435||
|13. Debtors|||||||||||
|Tax recoverable||||||||5008|5730||
|Prepayments
and other debtors||||||||10964|2077||
|||||||||15972|7807||
|14. Investments|||||||||||
|Stock Exchange||portfolio||at market value||||111171|125551||
|Money invested||in Octopus Choice||||||0|3919||
|Loan to Baptist||Union||||||214039|186213||
|||||||||325210|315683||
|15. Bank &cash balances|||||||||||
|Lloyds Bank||||||||9558|57221||
|Cash & other accounts||||||||6058|5116||
|||||||||15616|62337||
##
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##
##
|The key financial|assumptions|assumptions|underlying|the valuation|were as follows:|were as follows:|
|---|---|---|---|---|---|---|
|||||||%pa|
|RPI price inflation|assumption|||||3.50|
|CPI price inflation|assumption|||||2.75|
|Minimum
Pensionable||Income increases||(CPI plus 1.0%pa)||3.50|
|Assumed
investment
returns|||||||
|-pre-retirement||||||3.50|
|-post retirement||||||2.25|
|Deferred pension|increases||||||
|- Pre April 2009||||||3.50|
|- Post April 2009||||||2.50|
|Pension increases|||||||
|- Main Scheme pension||Pre April 2006||||2.70|
|- Main Scheme pension||Post|April 2006|||2.00|
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|EXPENDITURE ANALYSES|EXPENDITURE ANALYSES|EXPENDITURE ANALYSES|EXPENDITURE ANALYSES|||||||
|---|---|---|---|---|---|---|---|---|---|
|YEAR ENDED 31 DECEMBER 2022||||||||||
|||||General|Designated|Restricted|Endowment|2022|2021|
|||||F||||L|L|
|Ministry||||||||||
|Minister
&expenses||||32804||||32804|31670|
|Pension
deficit interest||||2407||||2407|83|
|Pulpit Supply||||1070||||1070|365|
|Rent paid for 2 Mulberry||Walk||0||||0|3500|
|Rent paid for 76Westbury|||Lane|15000||||15000|6405|
|Manse rates &insurance||||3179||||3179|3067|
|||||54460|||0|54460|45090|
|Mission||||||||||
|Family church/youth|work/other|||149||||149|0|
|BMS/Home
Mission||||18000||||18000|17200|
|Donations
to other|causes|||525|150|12591||13266|17627|
|Refresh Cafe|||||332|||332|81|
|Fair Trade|||||509|||509|204|
|Flower Fund|||||364|||364|293|
|Tuesday Together|& Lunch||Club||5287|||5287|1236|
|Wots Tots|||||882|||882|460|
|||||18674|7524|12591|0|38789|37101|
|Establishment||||||||||
|Light, heat &water||||6753||||6753|4955|
|Premises
including|repairs|||11799||||11799|7023|
|Cleaning
including|materials|||15035||||15035|12869|
|Depreciation
- buildings/fittings|||||4337|315|5355|10007|10590|
|Insurance||||3880||||3880|3525|
|Manse maintenance||||7972||||7972|2034|
|Caretaker||||10390||||10390|9881|
|Caretakers
House||||3366||||3366|3550|
|Groundsman||||2333||||2333|0|
|||||61528|4337|315|5355|71535|54427|
|Support costs||||||||||
|Administrator||||14892||||14892|11930|
|Admin costs||||1996||||1996|2502|
|Church telephones/internet||||840||||840|954|
|Fees||||3363|1481|||4844|4575|
|Bank Charges||||102||||102|110|
|Other Adjustments|||||96|||96|0|
|Miscellaneous||||4650||||4650|5211|
|||||25843|1577|0|0|27420|25282|
|Total expenses||||160505|13438|12906|5355|192204|161899|
##
|EXPENDITURE ANALYSES;|EXPENDITURE ANALYSES;|GRANTS|GRANTS||||||
|---|---|---|---|---|---|---|---|---|
|YEAR ENDED 31 DECEMBER 2022|||||||||
|||||General|Designated|Restricted|2022|2021|
|||||||L'||2|
|Baptist Missionary
Society||||9000|||9000|8600|
|Baptist Home Mission||||9000|||9000|8600|
|Compassion
fund gifts|||||||0|0|
|Connected
organisations|giving||||150||150|420|
|||||18000|150|0|18150|17620|
|Raised for other causes|||||||||
|A Rocha||||125||539|664||
|Bible Society||||||150|150|451|
|BMS Birthday
Fund||||||915|915|531|
|Bournville
Christmas
Gifts||||100|||100|700|
|Bristol Baptist College||||||696|696|720|
|Bristol Dementia
Action Alliance||||||589|589|645|
|Bristol NW Foodbank||||||219|219||
|Christian
Aid||||||863|863|1326|
|Christian
Aid Appeal||||||||1800|
|Christian
Solidarity
Worldwide||||||640|640|758|
|Christians
Against
Poverty||||50||401|451|291|
|Crisis Centre (In Hope)||||||723|723|1039|
|European
Baptist Federation||||||310|310|970|
|European
Baptist Federation||Appeals||||3446|3446|2715|
|Friends International||||||335|335||
|Horne for Good||||||539|539||
|Int. Fellowship
of Evangelical||Students||||335|335|241|
|Lawrence Weston Christmas||Gifts||200|||200|490|
|Network
Counselling||||||634|634|558|
|Sixty One||||50||401|451|291|
|Shepherd
Society (Hope Christian|||Trust)|||310|310|645|
|Tearfund||||||549|549|1058|
|Tearfund
Appeal||||||||1737|
|Universities
& Coll. Christian||Fellowship||||||241|
|||||525|0|12591|13116|17207|
|Total||||18525|150|12591|31266|34827|
##
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|YEAR EN|DED 31 DECEM|BER 2022||||||
|---|---|---|---|---|---|---|---|
||||||Tuesday|||
|||Refresh|Fair Trade|Flower|Together|Wots Tots|Total|
|Income||Cafe||Fund|Lunch Club|||
|Sales||756|730||||1486|
|Subscriptions|||||485|1059|1544|
|Donations||||412|314||726|
|Lunches/Outing|||||4852||4852|
|Transfer from Church||||102|||102|
|Raised for|other causes||||240||240|
|||756|730|514|5891|1059|8950|
|Expenditure||||||||
|Purchases||146|509|364|1232|644|2895|
|Lunches/Outing|||||3432||3432|
|Equipment||186||||13|199|
|Training|||||||0|
|Speaker/events|||||623||623|
|Rent to church||||||225|225|
|Donations|to other causes||||150||150|
|||332|509|364|5437|882|7524|
|Surplus||424|221|150|454|177|1426|
|b/f assets|||349||||349|
|b/f stock|||1361||||1361|
|b/f debtors|(creditors)||-611||||-611|
|b/f cash||403|101|77|1049|-187|1443|
|b/f fund bank account|||2742|||909|3651|
|b/f church|bank account|7672|||||7672|
|||8075|3942|77|1049|722|13865|
|c/f assets|||0||||0|
|c/f stock|||1061||||1061|
|c/f debtors|(creditors)||0||||0|
|c/f cash||365|101|227|1503|138|2334|
|c/f fund bank account|||2963|||761|3724|
|c/f church|bank account|8134|||||8134|
|||8499|4125|227|1503|899|15253|
##
||||General|Designated|Restricted|Total|
|---|---|---|---|---|---|---|
|Main Fund|||||||
|Offerings||A|76888|||76888|
|Raised for|other causes|F|||10205|10205|
|Tax refund||B|17410||2386|19796|
|Manse Rent||I|21687|||21687|
|Rents and|room hire|I|23350|||23350|
|Dividends||D||2910||2910|
|Loan Interest||G|233|2827||3060|
|Legacies||E|3411|||3411|
|Ministry fund||C||||0|
|Other Organisations|||||||
|Sales||||6338||6338|
|Subscriptions||||1544||1544|
|Donations||||828||828|
|Raised for|other causes|||240||240|
|Total|||142979|14687|12591|170257|
|Combined|||||||
|Offerings||A|76888|||76888|
|Tax refunds||B|17410||2386|19796|
|Donations|etc|C||2372||2372|
|Dividends||D||2910||2910|
|Legacies||E|3411|||3411|
|Raised for|other causes|F||240|10205|10445|
|Investment|interest|G|233|2827||3060|
|Trading activities||H||6338||6338|
|Rent||I|45037|||45037|
|Total|||142979|14687|12591|170257|
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|ur|ing the year there have been t|he following addition|s
and deletio|
|---|---|---|---|
||ADDITIONS||DELETIONS|
|B|rofession offaith|Todeath||
|B|ba tism|Toresi|nation|
|B|transfer|Totransfer||
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