||Page||
|---|---|---|
|Report ofthe Trustees|1 to|6|
|Report ofthe Independent<br>Auditors|7 to|10|
|Statement of Financial Activities|||
|Balance Sheet|12||
|Notes tothe Financial Statements|13 to|27|
|Detailed Statement of Financial Activities|28 to|30|





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|||||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|E|E|E|E|
|INCOME AND|ENDOWMENTS|||FROM||||||
|Donations<br>and|legacies||||2|430,202||430,202|425,054|
|Other trading|activities||||3||||479|
|Investment<br>income|||||4|268||268|329|
|Other income|||||5|8,125||8,125|9,923|
|Total||||||438,595||438,595|435,785|
|EXPENDITURE|ON|||||||||
|Raising funds|||||6|201,367||201,367|173,367|
|Charitable<br>activities||||||||||
|Grant making||||||76,869||76,869|84,999|
|Youth and Children's||Work||||43,933||43,933|69,971|
|Other||||||94,451||94,451|74,985|
|Total||||||416,620||416p620|403,322|
|NET INCOME||||||21,975||21,975|32,463|
|Other recognised gains/(losses)||||||||||
|Gains on revaluation||of|fixed assets|||317,963||317,963||
|Actuarial gains/(losses)|||on defined benefit|||||||
|schemes||||||(1,888)||(1,888)|18,917|
|Net movement|in funds|||||338,050||338,050|51,380|
|RECONCILIATION<br>OF||FUNDS||||||||
|Total funds brought||forward||||6,988,954||6,988,954|6,937,574|
|TOTAL FUNDS|CARRIED||FORWARD|||7,327,004||7,327,004|6,988,954|





## 

## 

||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|FIXEDASSETS|||||||
|Tangible assets||12|7,129,330||7,129,330|6,829,550|
|CURRENT ASSETS|||||||
|Stocks||13|248||248|248|
|Debtors||14|52,673||52,673|56,470|
|Cash at bank|||213,958||213,958|143,700|
||||266,879||266,879|200,418|
|CREDITORS|||||||
|Amounts<br>falling due within one year||15|(38,005)||(38,005)|(5,085)|
|NET CURRENT ASSETS|||228,874||228,874|195,333|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||7,358,204||7,358,204|7,024,883|
|PROVISIONS|FOR LIABILITIES|17|(31,200)||(31,200)|(35,929)|
|NET ASSETS|||7.327.004||7,327,004|6,988,954|
|FUNDS||18|||||
|Unrestricted|funds||||7,327,004|6,988,954|
|TOTAL FUNDS|||||7,3?7,004|6,988,964|



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|DONATIONS|AND LEGACIES|||
|---|---|---|---|
|||31.12.21|31.12.20|
|||E|f|
|Offerings||294,287|300,131|
|Donations||19,137|28,350|
|Gift aid||66,907|73,208|
|Legacies||49,871|2,000|
|Building donations|||21,365|
|||430,202|425,054|



|Grants|received,|included|in|the|above,|are|as|follows:|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||31.12.21|31.12.20|
||||||||||f|E|
|Other|grants||||||||49,871|2,000|





|3.|OTHER|TRADING||ACTIVITIES|||
|---|---|---|---|---|---|---|
||||||31.12.21|31.12.20|
||||||f|f|
||Charitable<br>trading|||activities||479|
|4.|INVESTMENT INCOME||||||
||||||31.12.21|31.12.20|
||||||f|f|
||Deposit|account|interest||268|329|
|5.|OTHER|INCOME|||||
||||||31.12.21|31.12.20|
||||||f|f|
||Sundry|income|||1,403|163|
||Government<br>grants||||6,722|9,760|
||||||8,125|9,923|
|6.|RAISING FUNDS||||||
||Raising|donations||and legacies|||
||||||31.12.21|31.12.20|
||||||f|f|
||Ministers'<br>stipend||||83,422|89,510|
||Staff costs||||30,448|33,317|
||Rates and water||||7p545|6,949|
||Insurance||||662|1,187|
||Sundries||||855|2,156|
||Repairs|and improvements|||16,631|3,817|
||Ministers'<br>travel||||88|498|
||Hospitality<br>allowance||||595|1,020|
||Visiting|preachers||fees|300|150|
||Evangelism||||10,170|7,383|
||Church|insurance|||6,077|6,396|
||Church|repairs|||23I133|5,573|
||Church|furnishings|||10,240|3,348|
||Church|light and|heat||11,071|10,730|
||Interest|payable|and similar charges||130|1333|
||||||201,367|173,367|





## 

|||||31.12.21|31.12.20|
|---|---|---|---|---|---|
|||||E|E|
|Grant making||||76,869|84,999|
|The total grants paid to institutions|||during the year was as follows:|||
|||||31.12.21|31.12.20|
|||||E|E|
|Baptist Missionary|Society|- general||14,120|14,040|
|Baptist Missionary|Society|- relief fund||1,580|1,560|
|Baptist Missionary|Society|- support||200|200|
|International<br>Needs||||2,400|2,000|
|Horne Mission<br>Fund||||14,400|15,400|
|Wycliffe Bible Translators||(Janet Souster)||10,920|11,080|
|OMF||||7,752|7,752|
|MAF||||7,952|7,752|
|EthiopiAid/Hope<br>Enterprises||||5,190|6,510|
|Mission to Prisons||||4p470|5,910|
|Moorlands||||600||
|Wycliffe Bible Translators||(Pete &Kate Myers)||1.185|1.270|
|Operation<br>Agri||||500|850|
|Tearfund||||500||
|Christian<br>Concern||||500|850|
|London Theology|School|||500|850|
|Through the Roof||||500|850|
|Spurgeons<br>Childcare||||500|850|
|Spurgeons<br>College||||500|850|
|Sat 7Trust||||600|600|
|Breadline||||500|850|
|Three: Eighteen||||500|850|
|Christian<br>Solidarity|Worldwide|||500|850|
|UCCF The Christian|Unions|||500|850|
|Arab World Ministries|||||850|
|SIL Mali Roof Appeal|||||1,500|
|Others|||||75|
|||||76,869|84,999|





## 

## 



## 

|||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|---|
|||||||E||
|Fees payable tothe charity's|||auditors for the audit||ofthe charity's|||
|financial|statements|||||3,300|3,600|
|Auditors'|remuneration|for|non|audit work|||1,500|
|TRUSTEES' REMUNERATION|||AND BENEFITS|||||
|||||||31.12.21|31.12.20|
|||||||E|E|
|Trustees'|salaries|||||72,671|71,584|
|Trustees'|NIC|||||3,560|3,465|
|Trustees'|pension contributions|||to money purchase|schemes|7,191|14,461|
|||||||83,422|89,510|



## 


## 

|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||31.12.21|31.12.20|
|||||E|E|
|Wages and salaries||||172,751|183,307|
|Social security costs||||6,698|9,121|
|Other pension costs||||14,127|19,494|
|||||193,576|211,922|
|The average monthly||number ofemployees|during the year was as follows:|||
|||||31.12.21|31.12.20|
|Ministry||||2|2|
|Pastoral||||1|1|
|Cleaning||||2|2|
|Administration||||3|3|
|Organisation|and Resources Co-ordinator|||1|1|
|Youth/Children's<br>worker||||1|2|
|||||10||





## 

|for t|he Year Ended 31December 2021|he Year Ended 31December 2021|he Year Ended 31December 2021|he Year Ended 31December 2021|||
|---|---|---|---|---|---|---|
|11.|COMPARATIVES<br>FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||E|E|f|
||INCOME AND ENDOWMENTS||FROM||||
||Donations<br>and legacies|||425,054||425,054|
||Other trading<br>activities|||479||479|
||Investment<br>income|||329||329|
||Other income|||9,923||9,923|
||Total|||435,785||435,785|
||EXPENDITURE ON||||||
||Raising funds|||173,367||173,367|
||Charitable<br>activities||||||
||Grant making|||84,999||84,999|
||Youth and Children's|Work||69,971||69,971|
||Other|||74,985||74,985|
||Total|||403,322||403,322|
||NET INCOME|||32,463||32,463|
||Other recognised gains/(losses)||||||
||Actuarial<br>gains on defined benefit||||||
||schemes|||18,917||18,917|
||Net movement<br>in funds|||51,380||51,380|
||RECONCILIATION<br>OF|FUNDS|||||
||Total funds brought|forward||6,937,574||6,937,574|
||TOTAL FUNDS CARRIED FORWARD|||6,988,954||6,988,954|





## 

|TANGIBLE FIXED ASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Church|Manse|and||
||premises<br>f|premises<br>f|fittings<br>f|Totals<br>f|
|COST OR VALUATION|||||
|At 1January 2021|4,817,765|1,760,000|322,715|6,900,480|
|Additions|||2,639|2,639|
|Revaluations||310,000|7,963|317,963|
|At 31December 2021|4,817,765|2,070,000|333,317|7,221,082|
|DEPRECIATION|||||
|At 1January 2021|||70,930|70,930|
|Charge for year|||20,822|20,822|
|At 31December 2021|||91,752|91,752|
|NET BOOK VALUE|||||
|At 31December 2021|4,817,76~|2.070.MO|241,565|7,129,MO|
|At 31December 2020|4.817.765|1,760.000|251,785|6.829,550|



||||||Fixtures||
|---|---|---|---|---|---|---|
||||Church|Manse|and||
||||premises<br>f|premises<br>f|fittings<br>E|Totals<br>f|
|Valuation|in|2012||(9,950)||(9,950)|
|Valuation|in|2013||145,000||145,000|
|Valuation|in|2014||160,000||160,000|
|Valuation|in|2015||60,000|2,052|62,052|
|Valuation|in|2016||80,000||80,000|
|Valuation|in|2018|579,686|170,000||749,686|
|Valuation|in|2020|||515|515|
|Valuation|in|2021||310,000|7,963|317,963|
|Cost|||4,238,079|1,154,950|322,787|5,715,816|
||||4,017,765|2.070,MO|323,~17|7,221,002|





## 

## 

||||||
|---|---|---|---|---|
|13.|STOCKS||||
||||31.12.21|31.12.20|
||||E|E|
||Stocks||248|248|
|14.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
||||31.12.21|31.12.20|
||||E|E|
||Tax||47,816|51,955|
||Prepayments||4,857|4,515|
||||52,673|56,470|





## 

## 

|CREDITORS: AMOUNTS<br>FALLING DUE WITHIN ONE|YEAR||
|---|---|---|
||31.12.21|31.12.20|
||E|E|
|Social security and other taxes|3,636||
|Other creditors|705|285|
|Accrued expenses|33,664|4,800|
||38p005|5,085|



## 

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## 


## 

|MOVEMENT||IN FUNDS||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.21|in funds|funds|31.12.21|
|||||f|E|E|E|
|Unrestricted||funds||||||
|General fund||||6,925,287|337,536|(43,767)|7,219,056|
|Youth Mission||||8,538||(6,000)|2,538|
|Non-specified||Fund||2,396|(716)|429|2,109|
|Missionary|(Designated)||Fund|11,008|||11,008|
|Capital fund||||38,596||49,590|88,466|
|Safe House|Men|||1,669||(1)|1,668|
|Safe House|Women|||490||(202)|288|
|Tuesday<br>Fellowship||||970||(49)|1,871|
|||||6,988,954|338,050||I7327004|
|TOTAL FUNDS||||6,988,954|338,0SO||7,327,004|





## 

||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted||funds|||||
|General|fund||437,365|(415,904)|316,075|337,536|
|Non-specified||Fund||(716)||(716)|
|Capital|fund||280|||280|
|Tuesday|Fellowship||950|||950|
||||438,595|(416,620)|316,075|33&,050|
|TOTAL|FUNDS||438,595|(416p620)|316,075|338,050|



## 

|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.1.20|in funds|31.12.20|
||||E|E|E|
|Unrestricted|funds|||||
|General fund|||6,872,595|52,692|6,925,287|
|Youth Mission|||8,538||8,538|
|Non-specified<br>Fund|||2,682|(286)|2,396|
|Missionary|(Designated)|Fund|13,508|(2,500)|11,008|
|Capital fund|||35,596|3,000|38,596|
|Safe House|Men||2,790|(1,121)|1,669|
|Safe House|Women||668|(178)|490|
|Tuesday<br>Fellowship|||1,197|(227)|970|
||||6,937,574|51,380|6,988,954|
|TOTAL FUNDS|||6,937,574|51,380|6,988,954|





## 

||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|f|E|
|Unrestricted|funds||||||
|General fund|||432,612|(398,837)|18,917|52,692|
|Non-specified<br>Fund||||(286)||(286)|
|Missionary|(Designated)|Fund||(2,500)||(2,500)|
|Capital fund|||3,000|||3,000|
|Safe House|Men|||(1,121)||(1,121)|
|Safe House|Women|||(178)||(178)|
|Tuesday<br>Fellowship|||173|(400)||(227)|
||||435,785|(403,322)|18,917|51,380|
|TOTAL FUNDS|||435,785|(403,322)|18,917|51,380|



|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.1.20|in funds|funds|31.12.21|
||||E|E|E|f|
|Unrestricted|funds||||||
|General fund|||6,872,595|390,228|(43,767)|7,219,056|
|Youth Mission|||8,538||(6,000)|2,538|
|Non-specified<br>Fund|||2,682|(1,002)|429|2,109|
|Missionary|(Designated)|Fund|13,508|(2,500)||11,008|
|Capital fund|||35,596|3,280|49,590|88,466|
|Safe House|Men||2,790|(1,121)|(1)|1,668|
|Safe House|Women||668|(178)|(202)|288|
|Tuesday Fellowship|||1,197|723|(49)|1,871|
||||6,937,574|389,430||7,327,004|
|TOTALFUNDS|||6,937,574|389,430||7,327,004|





## 

||||incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted|funds||||||
|General fund|||869,977|(814,741)|334,992|390,228|
|Non-specified<br>Fund||||(1,002)||(1,002)|
|Missionary|(Designated)|Fund||(2,500)||(2,500)|
|Capital fund|||3,280|||3,280|
|Safe House|Men|||(1,121)||(1,121)|
|Safe House|Women|||(178)||(178)|
|Tuesday<br>Fellowship|||1,123|(400)||723|
||||874,380|(819,942)|334,992|389,430|
|TOTALFUNDS|||874,380|(819,942)|334,992|389,430|



## 

## 



## 

## 

## 

## 

|Type offinancial|assumption|assumption|Spa|
|---|---|---|---|
|RPI price inflation|assumption||3.20|
|CPI price inflation|assumption||2.70|
|Minimum<br>Pensionable||Income increases(CPI||
|plus 0.75%pa)|||0.50|
|Assumed<br>investment||returns||
|- Pre retirement|||2.95|
|- Post retirement|||1.70|
|Deferred<br>pension|increases|||
|- Pre April 2009|||3.20|
|- Post April 2009|||2.50|
|Pension increases||||
|—Based on CPI with an annual floor of ON||||
|and annual<br>cap of SN|||2.70|





## 

## 

## 

|Under the current<br>Recovery|Plan signed|Plan signed|in September|in September|2020, deficiency|2020, deficiency|contributions|contributions|are payable|
|---|---|---|---|---|---|---|---|---|---|
|until 31December 2026.These contributions<br>are broadly|||||based on the|employer's<br>membership<br>at 31||||
|December 2014 and increase|annually||in line with|increases to Minimum||||Pensionable|Income as|
|defined<br>in the Rules.||||||||||
|Movement<br>in Balance Sheet Liability||||||||||
|Section 28.11Aof FRS 102 requires||agreed deficit recovery payments||||to|be|recognised|as a liability.|
|The movement<br>in the provision<br>is set out|||in the table|below.||||||
||||||||31.12.21||31.12.20|
|||||||||E|E|
|Balance sheet liability at year|start|||||||35,929|58,517|
|Minus deficiency contributions|paid|||||||(6,7481|(4,627)|
|Interest cost (recognised<br>in SoFA)||||||||447|956|
|Remaining<br>change to balance|sheet|liability (recognised|||in other|||||
|gains and losses)"||||||||1,572|(18,917)|
|Balance sheet liability at year|end|||||||31,200|35,929|



||||31.12.21|31.12.20|
|---|---|---|---|---|
|Discount rate|||2.00%|0.40'/o|
|Future increases to Minimum|Pensionable|Income|4/10%|3 00s/|





## 

## 



|||31.12.21|31.12.20|
|---|---|---|---|
|||f|E|
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Offerings<br>Donations<br>Gift aid<br>Legacies<br>Building donations||294,287<br>19,137<br>66,907<br>49,871|300,131<br>28,350<br>73,208<br>2,000<br>21,365|
|||430,202|425,054|
|Other trading activities||||
|Charitable<br>trading activities|||479|
|Investment<br>income||||
|Deposit account interest||268|329|
|Other income||||
|Sundry income<br>Government<br>grants||1,403<br>6,722|163<br>9,760|
|||8,125|9,923|
|Total incoming resources||438,595|435,785|
|EXPENDITURE||||
|Raising donations<br>and legacies||||
|Trustees' salaries<br>Trustees'<br>NIC<br>Trustees'<br>pension contributions|to money|72,671<br>3,560|71,584<br>3,465|
|purchase schemes<br>Pastoral worker and cleaners<br>Social security<br>Rates and water<br>Insurance<br>Sundries<br>Repairs and improvements<br>Ministers'<br>travel||7,191<br>27,310<br>3,138<br>7,545<br>662<br>855<br>16,631<br>88|14,461<br>27,661<br>5,656<br>6,949<br>1,187<br>2,156<br>3,817<br>498|
|Hospitality<br>allowance<br>Carried forward||595<br>140,246|1,020<br>138,454|





## 

|Detailed Statement of Financial Activities|Detailed Statement of Financial Activities|Detailed Statement of Financial Activities|Detailed Statement of Financial Activities|||
|---|---|---|---|---|---|
|fo the Year Ended 31D||cember 2021||||
|||||31.12.21|31.12.20|
|||||E|E|
|Raising donations<br>and legacies||||||
|Brought forward||||140,246|138,454|
|Visiting preachers fees||||300|150|
|Evangelism||||10,170|7,383|
|Church insurance||||6,077|6,396|
|Church repairs||||23R133|5,573|
|Church furnishings||||10,240|3,348|
|Church<br>light and heat||||11,071|10,730|
|Building loan|||||377|
|Pension deficit interest||||130|956|
|||||201,367|173,367|
|Charitable<br>activities||||||
|Youth minister<br>and children's|||worker wages|33,726|59,152|
|Pensions||||6,936|5,033|
|Youth and children's|work &||materials|3R271|5,786|
|Grants to institutions||||76,869|84,999|
|||||120,802|154,970|
|Other||||||
|Fixtures and fittings||||20,822|20,348|
|Support costs||||||
|Management||||||
|Wages||||39,044|24,910|
|Catering||||689|938|
|Christmas<br>gifts and|presents|||248|131|
|Postage and telephone||||6,204|5,915|
|Printing and stationery||||4,015|4,170|
|Subscriptions||||5,063|3,750|
|Worship expenses||||8,008|5,613|
|Other||||5,078|4,110|
|||||68,349|49,537|
|Governance costs||||||
|Auditors'<br>remuneration||||3,300|3,600|
|Auditors'<br>remuneration||for|non audit work||1,500|
|Accountancy<br>fees||||1980<br>I||
|||||S,280|5,100|





## 

|31.12.21|31.12.20|
|---|---|
|f|E|
|416,620|403,322|
|21,975|32,463|