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|Contents||Page|
|---|---|---|
|Report of|the Trustees|2-5|
|Examiner's|Report|6|
|Statement|of Financial Activities|7|
|Charity Balance Sheet||8|
|Notes to the Accounts||9-15|



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|Trustees (Ministers, church|Officers and Deacons)|
|---|---|
|Rev Angela Bacon|Chairman,<br>inducted January 2019|
|Mr Adewole Adetunji|Church Secretary, elected October 2016|
|Mr. E Engmann|Treasurer,<br>re-elected October 2016|
|Mrs. J Croucher|re-elected October 2016|
|Ms Bola Esan|re-elected July 2017|
|Mrs. DXuereb|re-elected July 2017 (8previous terms ofservice)|
|Mr Dapo Ajiboye|elected October 2016|
|Ms Binta Hanakuka|elected July 2017|
|Mrs Olayinka<br>Ege|elected July 2017|
|Mr. Peter Musembi|elected ......2019|



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|||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|INCOMING<br>RESOURCES||Funds|Funds|Funds|2022|2021|
||Note|6|E|||f|
|Incoming resources for generating|||||||
|funds|||||||
|Voluntary<br>income funds|2|134,096||620|134,716|123,533|
|-Activities for generating|funds||||0|9,000|
|- Investment<br>income|4||11||11|26|
|incoming resources from charitable|||||0||
|activities|||||0||
|Building|||||0||
|Total incoming resources||134,107||620|134,727|132,559|
|RESOURCES EXPENDED|||||||
|Charitable<br>activities|||||||
|-Activities directly related tothe|||||||
|work ofthe church|6|97,796||976|98,772|98,683|
|Governance<br>costs|||||||
|Total resources expended|6|97,796||976|98,772|98,683|
|Net incoming resources before||36,311||-356|35,955|33,876|
|transfer|||||||
|TRANSFER BETWEEN FUNDS|||||||
|Revaluations|||||||
|ofRxed assets forthe charity's<br>use|||||||
|Balance brought forward at|||||||
|01April 2021||32,805||1,518,954|1,551,759|1,518,954|
|Balance carried forward at|||||||
|31March 2022||35,955||1,551,759|1,587,714|1,551,759|
|The notes<br>on page 9to 15form part ofthese financial statements.|||||||





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|||||2022|2021|
|---|---|---|---|---|---|
|||||f|E|
|Fixed assets||||||
|Tangible assets||||1,600,764|1,601,918|
|Current assets||||||
|Debtors||||11,852|6,081|
|Cash at|bank and in|hand||78510|60,750|
|||||90,362|66,811|
|Creditors: amount falling||due within one||||
|year|||10|1,576|4,455|
|Net Current|assets|||88,786|62,356|
|Total assets|less current|liabilities||1,689,550|1,664,274|
|Creditors: amount falling||due more than||||
|one year||||101,835|112,515|
|Net assets||||1,587,715|1,551,759|
|Funds||||||
||Unrestricted|||88,833|52,522|
||Designated|||1,749|1,749|
||Revaluation|Reserve||||
||Restricted||13|12,184|12,540|
|||||102,766|66,811|






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|2. Voluntary|2. Voluntary|Income|Income||Unrestricted|Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds||Funds|Funds|2022|2021|
||||||||f|||f|
|Planned|giving:||||||||||
|Gift aided|||||84,545||||84,545|76,283|
|income|tax recovered on Gift Aid||||21,144||||21,144|19,388|
|Offering|||||28,063||||28,063|26,987|
|Gifts||||||344||620|964|585|
|Other giving||||||||||253|
|Building||||||||||37|
|Conference/Youth|||trip|||||||0|
||||||134,096|||620|134,716|123,533|
|3.Activities||for generating||funds|||||||
|Rent on|Manse|||||||||0|
|Rent Young Foundations||||||||||9,000|
|Church|Hall|||||||||0|
||||||||||0|9,000|
|4.Investment||Income|||||||||
|Dividend|and|interest|||||||11|26|
|5.Incoming||resources from charitable|||activities||||||
|Church|Hall|letting|||||||||
|Training|Rooms||||||||||
||||||||||0|0|





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|||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|2022|2021|
|||f||f|f||
|Staff costs|||||||
|Minister and manse||30,586|||30,586|33,293|
|Church Administrators||13,575|||13,575|13,455|
|Employers<br>Nl||144|||144|1,238|
|Employers<br>Pension||2,474|||2,474|2,531|
|Cleaner||1,992|||1,992|2,302|
|Total staff costs|(see pg 12 below)|48,771|||48,771|52,819|
|Church running|costs||||||
|Gas and Electricity||2,985|||2,985|2,502|
|insurance||2,947|||2,947|2,808|
|Water rates||7|||7|971|
|Building maintenance||17,433|||17,433|9,787|
|Conference<br>expenditure||225|||225|0|
|Licences and|permits|1,710|||1,710|1,727|
|Guest Speaker||100|||100|350|
|Hospitality||73|||73|0|
|Depreciation||1,154|||1,154|1,154|
|Evangelism<br>and Publicity||859|||859|517|
|Kings Kids|||||68|70|
|Youth work||155|||155|96|
|Administrative|expenses|1,632|||1,632|2,322|
|Bank service|charge|96|||96|69|
|Building|||||0|0|
|Care fund||1,000|||1,000|1,500|
|Subscription|and Donations|1,477|||1,477|2,325|
|Miscellaneous|||||0|0|
|Gifts||1,253||976|2,229|330|
|Missions and|donations {seepg 12)|14,854|||14,854|19,300|
|||48,028||976|49,004|45,828|
|||96,799||976|97,775|98,647|





|Staff costs and Trustees Expenses||
|---|---|
|Salaries|43,059|
|Social security costs|144|
|Pension costs|2,474|
|Ministers<br>Expenses|3,094|
||48,771|



## 

|||||
|---|---|---|---|
|Mission Tithe||2022|2021|
|||f|E|
|BMSWorld Mission||4,800|4,800|
|Christian<br>Resources|(CRIBS)|420|3,000|
|Evangelical<br>Action Brazil||400|3,000|
|Baptist Together Home Mission||6,000|6,000|
|Greenwich Street Pastors||400|1,000|
|Erith & Thamesmead|Debt Centre||600|
|Evergreen<br>Care Bexley||300|600|
|Ascension Trust||1,000||
|Seniors ln Touch||500||
|Home for Good||500||
|||14,320|19,000|
|Ministry support||||
|Angela Bacon||534|200|
|Deli Ayorinde||0|100|
||||300|





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|||||Church|83|||
|---|---|---|---|---|---|---|---|
|8.Fixed Assets||||Halls||Oflke||
||||Buildings|equipment||equipment|Total|
|||||E|||F.|
|Cost||||||||
|As at 1April|2021||1,310,480|294,900|||1,605,380|
|Addition||||||||
|Revaluation||||||||
|Disposals||||||||
|As at 31March 2022|||1,310,480|294,900|||1,605,380|
|Accumulated|depreciation|(Church Roof Saving)|||4,617|||
|As at 1April|2022|||||||
|Disposal||||||||
|Charge forthe year||||||||
|As at 31March 2022|||1,310,480|290,283|||1,600,763|
|Net book Value||||||||
|As at 31March 2022|||1,600,763|-13,049|||1,587,714|






## 

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|||||2022|2021|
|---|---|---|---|---|---|
|||||f||
|Young Foundations||Loan||6,325||
|Inland revenue - Tax||rebate||5,527|5,941|
|||||11,852|5,941|
|10.Creditors||||||
|LBPBLoan||||31,655|36,995|
|Salaries - Young Foundation|||10|377|469|
|Inland revenue|||10|637|2,922|
|LBPBBradford|Fund||10|5,000|5,000|
|LBPBBradford|Fund|||30,000|30,000|
|Barclays Bank PLC||||125|125|
|Gift|||10|||
|LBA Loan||||35,055|40,395|
|Creditors|||10|562|1,064|
|||||103,411|116,970|



## 

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|||Balance at|Movement|in resources||Balance at||
|---|---|---|---|---|---|---|---|
|||01-Apr-21|Incoming||Outgoing|31March|2022|
|||f|f||f||f|
|General Funds||52,522|134,107||97,796||88,833|
|||52,522|134,107||97,796||88,833|
|12Oesignated|funds|||||||
|||Balance at|Movement|in resources|||Balance at|
|||01-Apr-21|Incoming||outgoing||31-Mar-22|
||||f||f|||
|Ladies Ministry||1,749|||||1,749|
|||1,749|||||1,749|





|13.Restricted funds|Balance at|Movement|in resources||Balance at|
|---|---|---|---|---|---|
||01-Apr-21<br>f|Incoming||outgoing|31-Mar-22<br>f|
|Conference|0||||0|
|Miscellaneous|0||||0|
|Building<br>Fund|12,054||||12,054|
|Hampers|486|620||976|130|
||12,540|620||976|12,184|
|Fixed assets funds.||||||
|Church|1,105,045||||1,105,045|
|Manse|205,435||||205,435|
|Equipment|290,830|||547|290,283|
||1,601,310|||547|1,600,763|



|14.Analysis ofNet Assets|||||
|---|---|---|---|---|
|by Funds|||||
||General|Designated|Restricted|Total|
|Fixed assets|||1,600,763|1,600,763|
|Current assets|76,428|1,749|12,184|90,361|
|Liabilities|1,576||101,835|103,411|
||74,852||1,511,112|1,587,713|