## ## |||Page| |---|---|---| |Church
Information||| |Trustees'
Report||| |Independent
t xaminer's|Report|| |Statement
of Financial|Activities|| |Balance Sheet||| |Notes to the Financial Statements||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| ||||Notes|Funds
f|Funds
8|2021|2020
8| |Income and endowments||from:|||||| |Donations|and legacies||2|110,815||110,815|100,809| |Charitable|activities|||46,219||46,219|34,595| |investments||||14||14|236| |Other|||||||447| |Total income||||157,048||157,048|136,087| |Resources|expended||||||| |Charitable|activities|||141,228||141,228|117,702| |Other|||||||692| |Total||||141,228||141,228|118,394| |Net income/(expenditure)||before|||||| |investment|gains/(losses)|||15,820||15,820|17,693| |Net income/(expenditure)||before transfers||15,820||15,820|17,693| |Transfer between
funds|||||||| |Net movements
in funds||||15820||15820|17693| |Reconciliation offunds:|||||||| |Total funds|brought
forward|||131,660||131,660|113,967| |Total funds|carried fonvard|||147,480||147,480|131,660| ## |||||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---| ||||Notes|Funds
f|Funds
E|2021
f|2020
8| |Fixed assets|||||||| |Tangible assets|||3|44,252||44,252|54,484| |Current assets|||||||| |Debtors|||9|69,565||69,565|59,762| |Cash at bank and in||hand|11|42,969||42,969|29,895| |||||112,534||112,534|89,657| |Creditors:|amounts|falling due|||||| |within one|year||10|(9,306)||(9,306)|(12,481)| |Net current|assets|||103,228||103,228|77,176| |Net assets||||147,480||147,480|131,660| |Funds ofthe charity|||||||| |Unrestricted|funds - general||12|147,480||147,480|131,660| |T tel funds||||147,480||147,480|131,660| ## |1|Accounting
policies||| |---|---|---|---| ||Basis ofpreparsfion||| ||The financial
sfatemenls
have been prepared
under the historical cost convention
and in accordance
with The|Stalemenl
of|| ||Recommended
Practice: Accounting
and
Reporting
by Charities
preparing
their accounts
in accordance
with|the|Financial| ||Reporting
Standard
applicable
in the UK and Republic of Ireland (FRS 102) Issued on 16 July 2014.The Charities||Acl 2011| ||and UK Generally Accepted Practice as It applies
from I January 2015.||| ||The accounts
(financial statements)
have been prepared
to give s "true and fair" view and have departed
from|the|Charities| ||(Accounts and Reports) Regulations
2008 only to the extent required
lo provide a "true and fair viev/I||| ||This departure
has involved
following
Accounting
and Reporting
by Charities
preparing
their accounts
In accordance||with the| ||Financial
Reporting
Standard
applicable
in Ihe UK and Republic of Ireland (FRS 102) issued on 16July 2014 rather||than the| ||Accounting
and Reporting
by Charities: Statement
ofRecommended
Practice effective fram I April 2005 which has since been||| ||withdrawn.||| ||The charily constitutes
a public benefit entity as defined
by FRS 102.||| ||The presentation
currency of Ihe financial statements
is the Pound
Sterling (8).||| ||Significant judgemenfs
and astime ice||| ||There are no slgnilicant judgements
and estimates
applied to the numbers
contained
within these financial statements.||| ||Going concern||| ||The charily's
statement
of financial
activities shows nel income of 615,820 for Ihe year.
The Trustees are of the|opinion
that|| ||the charity has sufficient resources available at its disposal
that will enable
it to meet
il obligations,
Ifand when,
they
due and
it is on this basis they believe
they should
continue
lo adopt the going
concern
basis for the preparation||become
of Ihe| ||financial statements.||| ||Cher(fable funds||| ||General
funds are unrestricted
funds which are available
for use at the discretion ofthe Trustees
in furtherance
of the
objectives ofihe Church and which have not been designated
for other purposes.||general| ||Restricted
funds are funds subject to specific conditions
by donors as to how they may be used or which have been raised
by
the
Church
for particulary
purposes.
The aim and
use of Ihe restricted
funds
are sei out
in ihe notes
to the
financial||| ||statements.||| ||incoming resources||| ||All income Is recognised
in Ihe Slatemenl of Financial Activities (SOFA) when Ihe charily becomes entitled
to ihe|resources;
it|| ||Is more
likely than not that the Trustees
will receive the resources;
and the monetary
value can be measured
with sufficient||| ||reliability.||| ||Where
incoming
resources
have
related
expenditure
(as with
fundraising
or contract
income)
the
incoming
resource
and||| ||related expenditure
are reported gross in ihe SOFA.||| ||Grsnis and donafiens||| ||Grants and donations are only included
In the SOFA when the general Income recognition
criteria are mel.||| ||A grant that does not impose specified future performance-related
conditions
is recognised
in income when the grant proceeds||| ||are received or receivable.
In the case of performance
related
grants,
income is recognised
when
the performance||related| ||conditions
are met.||| ||Legacies||| ||Legacies are Included
in fhe SOFA when receipt Is probable,
that Is, when there has been grant ofprobate, the executors have
established
that there are suffidenl assets In Ihe estate and any conditions
atfached
to the legacy are either within
the control
ofthe charity or have been met.||| ## |Greenford
Baptist Church
Notes to the Accounts
for the
earended31Au
ust 2021||||| |---|---|---|---|---| |Tsx claims on donations
and gifts||||| |Glfi Aid receivable
is included
in income when there is a valid declaration
from Ihe donor.
Any Gifl Aid amount
recovered
donation
Is considered
lo be part of that gift and is treated as an addition
to the same fund as Ihe initial donation
unless||||on a
the| |donor or the lerms ofthe appeal have specified otherwise.||||| |Incoming
resources
from tax reclaims are included
in the SOFA in Ihe same financial
period as the gift to which||they relate.||| |Inveslment
Income||||| |This is Included
in the accounts when receipt is probable
and the amount
receivable can be measured
reliably.||||| |Income from membership
subscrlptions||||| |Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations
and Legacies.||||| |Membership
subscriptions
which gives a member
the right to buy services or other benefits are recognised
as
from the provision of goods and services as income from charitable
activities.||income|earned|| |Settlemeni ofInsurance
claims||||| |Insurance
claims are only Induded
In the SOFA when
Ihe general
income recognition
cditeiia are met and are
item ofother income in the SOFA.||included|as|an| |Expenditure
snd lisblglles||||| |Liabilities are recognised
where
il Is more likely than not that there ls a legal or constructive
obligation
committing
pay out resources and the amount ofthe obligation
can be measured
with reasonable
certainly.||the charily||to| |All expenditure
is inclusive of irrecoverable
VAT.||||| |Governance
and support costs||||| |Support
costs have
been
allocated
between
governance
costs and
other support.
Governance
costs comprise
all costs
Involving
public
accountability
of the charily
and
ils compliance
with
regulation
and good practice, eg. Ihe preparation
of
statutory
acoounts, the costs of Directors' meetings
and legal advice to Directors on governance
or constitutional
mallers.||||| |Support costs indude
central functions
and have been allocated to activity cost categories
on a basis consistent
with Ihe use
of Ihe resources, eg. alfocaiing
properly
costs by tloor areas, or per capita, staff costs by the lime spent and other costs by
their usage.||||| |Tangible
fixed assets||||| |Fixed assets are capitalised
if they can be used for more than 12 months.||||| |Tangible
fixed assets
are
measured
at cosf or reasonable
value
on
receipt
less
accumulative
depreciation
and
accumulative
Impairment
losses. Depreciation
is provided
on
all tangible
fixed assets,
other
than
freehold
land,
at
calculated
to wrife offthe cost, less estimated
residual value, ofeach asset evenly over ils expected useful life, as follows:|||any
rates|| |Improvements
lo buildings
10%straight
line||||| |Plant, machinery
and equipmenl
10%,20%and 50%straight
line||||| |Debtors||||| |Debtors (induding
trade debtors and loans receivable) are measured
on initial recognition
at settlement
amount after any trade
discounts
or amount
advanced
by the charity.
Subsequently,
they are measured
at the cash or other consideration
expecled
to be received.||||| |Credi!ors||||| |The charity has creditors which are measured
at settlement
amounts
less any trade discounts.||||| |Cash and cash equivalents||||| |Cash and cash equivalents
compdise cash on hand
and demand
deposits and other short term
highly
liquid investmenis
are readily convenible
lo a known
amount ofcash and are subject to an Insignificant
risk to changes
in value.|||that|| ## ## ||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| ||Funds||Funds|2021|2028| |Donations
and legacies|2|||6|6| |Donagons
and gifts
GIR aid|94,015
16,800
110,815|||94,015
16,800
110,815|84,009
16,800
100,809| |Charitable
activities|||||| |Rental income
Pastoral activities|45,719
500|||45,719
500|34,070
525| ||46,219|||46,219|34,595| |Income from Investments|||||| |interest received||14||14|236| |Olher Income|||||| |Other|||||447| |Total|157,048|||157,048|136,087| |Tangible fixed assets (Unrestricted)|||||| |||||Plant and|| ||||Improvements|machinery|| |Cost|||to bugdlngs
6|and equip
6|Totalf| |Al 1 September 2020
Additions|||62,949|202,855
2,418|265,804
2,418| |At 31 August 2021|||62,g49|205,273|268,222| |Depreciation|||||| |At I September 2020
Charge for the year|||32,i03
6,294|179,217
6,356|211,320
12,650| |Al 31August 2021|||38,397|185,573|223,970| |Net book value|||||| |At 31August 2021|||24,552|19,700|44,252| |At 31 August 2020|||30,846|23,638|54,484| ## ## |||Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---| |||Funds|Funds|2921|2020| |Expenditure
on charitable||E|E|E|E| |activities|||||| |Employee costs
Premises costs
General administrative
Legal and professional|expenses
costs|74,276
18,549
45,200
3,203||74,276
18,549
45,200
3,203|54,393
22,081
38,475
2,753| |||141,228||141,228|117,702| |Other expenditure|||||| |Toddlers expenses|||||692| |Total expenditure||141,228||141,228|118,394| ## |||||Fundralslng|Charitable|Governance|| |---|---|---|---|---|---|---|---| ||Supportcosttype|||Acilvitly|Activity|Activity|Total costs| ||Independent
examination
Total|fees||E||E
1,000
1,000|E
1,000
1,000| |6|Trustees'expenses|||||2021|2020| ||Number ofTrustees who
Travel and training|were paid|expenses|||E
2
157|E
2
1,139| |7|Staff costs|||||2021|2020| |||||||E|| ||Salaries and wages
Social security costs
Pension costs (defined contribution
Other employee
benefits||scheme)|||63,882
553
7,216
2,625|43,959
(900)
7,174
4,160| |||||||74,276|64,393| ## |9|Debtors||2021|2020| |---|---|---|---|---| ||||8|f| ||General debtors||45,487|28,761| ||Other debtors||24,078|31,001| ||||69,565|59,762| |10|Creditors: amounts
falling due within one year||2021|2020| ||||8|2| ||Taxation and social security costs||1,646|1,606| ||Other creditors||7,660|10,875| ||||9,306|12,481| |11|Cash at bank and|In hand|2021|2020| ||||8|2| ||Cash at bank and|in hand|42,969|29,895| |12|Statement offunds|Statement offunds||||||| |---|---|---|---|---|---|---|---|---| ||Fund names|||1-Sep-20
Balance|Incomer
(expenditure)|Transfers|Gains/
(losses)|31.Aug-21
Balance| ||||||8|2||f| ||Unrestricted|general|funds|131,660|||15,820|147480| |||||131,660|||15,820|147,480| |||||1-Sep.18|lncomei||Gains/|31-Aug.20| ||Fund names|||Balance|(expenditure)|Transfers|(losses)|Balance| |||||8|2|8|8|8| ||Unrestricted|general|funds|113,967
113,967|||17,693
17,693|131,660
131,660| |Name ot Trustee or related
party|Relationship
charity|to|Description|oftransaction(s)|Amount|Balance at
end ofperiod| |---|---|---|---|---|---|---| ||Independent|||||| |B Hall - Aqret Accounting
Pastor Satya)it Deodhar
Rev Warren
McNeif|examiner
Pastor
Pastor||Independent
Remuneration
Remuneration|examinagon
and expenses
and expenses|1,000
13,285
33,610|(060)|