2022-12-31-accounts - Ruislip Baptist Church

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			Page
Report ofthe Trustees		I	to	6
Report ofthe Independent Auditors		7	to	10
Statement ofFinancial	Activities
Balance Sheet			12
Notes to the Fmancial	Statements	13	to	27
Detailed Statement of	Financial Activdnes	28	to	29

							31.12.22	31.12.21
					Unrestricted	Restricted	Total	Total
					fimds	fimds	funds	fimds
				Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies				2	449/96		449@96	430202
Investment mcome					15,705		15,705	268
Other income					9,274		9,274	8,125
Total					474@75		474/75	438,595
EXPENDITURE	ON
Raising funds				5	219,282		219,282	201,367
Charitable activities
Grant making					82,769		82,769	76,869
Youth and Children's			Work		48,828		48,828	43,933
Other					84J19		84„it19	94,451
Total					435,798		435,798	416,620
NET INCOME					38,577		38477	21,975
Other recognised	gains/flosses)
Gains on revaluation		offixed assets			24,937		24J37	317,963
Actuarial gains/flosses)			on defined benefit
schemes					28,067		28,067	(1,888)
Net movement in	funds				91@81		91,581	338,050
RECONCILIATION			OF FUNDS
Total fimds brought	forward				7827,004		7427,004	6,988,954
TOTAL FUNDS CARRIED FORWARD					7,418,585		7,418,585	7,327,004

Balance Sheet
31December 2022
				31.12.22	31.12.21
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	g
FIXEDASSETS
Tangible assets	11	7,133,446		7,133,446	7,129,330
CURRENT ASSETS
Stocks	12	248		248	248
Debtors	13	115,604		115,604	52,673
Cash at bank		194323		194423	213,958
		310,175		310,175	266,879
CREDITORS
Amounts faHing due within one year	14	(25,036)		(25,036)	(38,005)
NET CURRENT ASSETS		285,139		285,139	228,874
TOTAL ASSETSLESSCURRENT
LIABILITIES		7,418,585		7,418,585	7,358,204
PROVISIONS FORLIABIIITIES	16				(31,200)
NET ASSETS		7,418,585		7,418,585	7,327,004
FUNDS	17
Unrestricted funds				7,418,585	7,327,004
TOTAL FUNDS				7,418,585	7,327,004

DONATIONS	AND LEGACIES
		31.12.22	31.12.21
Offerings		283,230	294787
Donations		60,992	19,137
Gifi aid		60,076	66,907
Legacies		45,098	49,871
		449,396	430,202
Grants received,	included in the above, are as follows:
		31.12.22	31.12.21
Other grants		45,098	49,871

			31.12.22	31.12.21
	Rents received		13@15
	Deposit account interest		2,190	268
			15,705	268
4.	OTHER INCOME
			31.12.22	31.12.21
				f
	Sundry mcome		9+74	1,403
	Government grants			6,722
			9/74	8,125
5.	RAISING FUNDS
	Raising donations	and legacies
			31.12.22	31.12.21
	' stipend		88,058	83,422
	Staffcosts		37,621	30,448
	Rates aud water ~ce		5~1 609	7,545 662
	Sundries			855
	Repairs and improvements		8/83	16,631
	rs' travel		310	88
	Hospitality allowance		380	595
	Visiting preachers fees		746	300
	Evangehsm		44,964	10,170
	Church insurance		6/53	6,077
	Church repairs		10,553	23,133
	Church fumishmgs		1482	10440
	Church light and heat		14/95	11,071
	Interest payable and	similar charges	587	130
			219482	201,367

GRANTS PAYAB	LE
				31,12.22	31.12.21
					8
Grant making				82,769	76,869
The total grants paid to institutions			during the year was as follows:
				31.12.22	31.12.21
					f.
Baptist Missionary	Society	—general		14,620	14,120
Baptist Missionary	Society	—relief fund		1,580	1,580
Baptist Missionary	Society	—support		200	200
International Needs					2,400
Home Mission Fund				14,700	14,400
Wycliffe Bible Transistors		tJanet Sousteri		10,920	10,920
OMF				7,752	7,752
MAF				7,752	7,952
EthtopiAid/Hope Enterprises				6,570	5,190
Mission to Prisons				5,850	4,470
CMS (Sharon Rose)				2,000	600
Wycbffe Bible Transistors		(Pete &	Kate Myers)	4,725	1.185
Operation Agri				500	500
Tearfund				500	500
Christian Concern				500	500
London Theology School				500	500
Through the Roof				500	500
Spurgeons Childcare				500	500
Spurgeons College				500	500
Sat7 Trust				600	600
Breadline				500	500
Three: Eighteen				500	500
Christian Solidarity	Worldwide			500	500
UCCF The Christian Unions				500	500
Moorlands					600

							31.12.22 f	31.12.21
	Fees payable to the charity's		auditors		for the audit	ofthe charity's
	financial	statements					4,260	3,300
8.	TRUSTEES' REMUNERATION				AND BENEFITS
							31.12.22	31.12.21
	Trustees'	salaries					74/93	72,671
	Trustees'	NIC					3,464	3,560
	Trustees'	pension contributions		to money purchase		schemes	9,601	7,191
							88,058	83,422

					31.12.22	31.1221
Wages and salaries					174,349	172,751
Social security		costs			9,188	6,698
Other pension	costs				14,658	14,127
					198,195	193,576
The average monthly			number ofemployees	during the year was as follows:
					31.12.22	31.12.21
					2	2
Pastoral					1	1
Cleaning					2	2
A ministration					3	3
Organisation	and Resources Co-ordmator				1	1
Youth/Children's		worker			2	1
						10

COMPARATIVES	F	ORTHE STATEMENT OF	FINANCIAL AC	~S
			Unrestricted	Restricted	Total
			funds	funds	funds
			E
INCOME AND ENDOWMENTS FROM
Donations and legacies			430,202		430402
Investment income			268		268
Other income			8,125		8,125
Total			438,595		438,595
EXPENDITURE ON
Raising funds			201,367		201,367
Charitable activities
Grant making			76,869		76,869
Youth and Children's	Work		43,933		43,933
			94,451		94,451
Total			416,620		416,620
NET INCOME			21,975		21,975
Other recognised gams/(losses)
Gains on revaluation	offixed assets		317,963		317,963
Actuarial gains/(losses)		on defined
benefit schemes			(1,888)		(1,888)
Net movement in funds			338,050		338,050
RECONCILIATION		OF FUNDS
Total fimds brought forward			6,988,954		6,988,954
TOTAL FUNDS CARRIED
FORWARD			7,327,004		7,327,004

TANGIBLE FIXEDASSETS
			Fixtures
	Church	Manse	aild
	premises	premises	fittings	Totals
COST ORVALUATION
At I January 2022	4,817,765	2,070,000	333/17	7,221,082
Revaluations			24)t37	24„)t37
At 31December 2022	4,817,765	2,070,000	358454	7~6)019
DEPRECIATION
At 1 January 2022			91,752	91,752
Charge for year			20,821	20)821
At 31December 2022			112,573	112/73
NET BOOKVALUE
At 31December 2022	4,817,765	2,070,000	245,681	7,133,446
At 31December 2021	4,817,765	2,070,000	241,565	7,129,330

					Fixtures
			Church	Manse	and
			premises 5	premises	fittings	Totals f
Valuation	in	2012		(9/50)		(9,950)
Valuation	in	2013		145,000		145,000
Valuation	m	2014		160,000		160,000
Valuafion	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
Valuafion	in	2022			24,937	24,937
Cost			4438,079	1)154850	322,787	5,715,816
			4,817,765	2,070,000	358454	7,246,019

12.	STOCKS
			31.12.22	31.12.21
			f	f.
	Stocks		248	248
13.	DEBTORS:AMOUNTS	FALLING DUE~ONE YEAR
			31.12.22	31.12.21
	Tax		107,642	47,816
	Prepayments		7,962	4,857
			115,604	52,673
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.22	31.12.21
	Bank loans and overdrafts	(see note 15)	93
	Social security and other	taxes	3,468	3,636
	Other creditors		14,295	705
	Accrued expenses		7,180	33,664
			25,036	38,005

							31.12.22		31.12.21
Amounts fallmg due withm one year on demand:
Bank overdrafis							93
PROVISIONS FORLIABILITIES
							31.12.22		31.12.21
Provisions									31,200
Provisions represented	the estimated		Baptist Union Pension			Scheme deficit at the previous			year en
More details on this (including		abreakdown		ofmovements	in	the provision)	can be found	in note 18.
MOVEMENT IN FUNDS
						Net	Transfers
						movement	between		At
				At 1.1.22		in funds	fimds		31.12.22
							f,
Unrestricted funds
General fimd				7,219,056		91,867	(50,876)	7,260,047
Youth Mission				2,538					2,538
Non-specified Fund				2,109		(286)	(286)		1,537
Missionary (Designated)	Fund			11,008			1,578		12,586
Capital fund				88,466			45,098		133+64
Safe House Men				1,668			(64)		1,604
Safe House Women				288			(381)		(93)
Tuesday Fellowship				1,871			(709)		1,162
Fellowship fimd							5,640		5,640
				7827,004		91,581		7,418)585
TOTAL FUNDS				7427,004		91481		7,418,585

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted	funds
General fund				474,375	(435,512)	53,004	91,867
Non-specified	Fund				(286)		(286)
				474,375	(435,798)	53,004	91,581
TOTAL FUNDS				474475	(435,798)	53,004	91,581
Comparatives	for movement		in funds
					Net	Transfers
					movement	between	At
				At 1.1.21	in funds	funds	31.12.21
						g
Unrestricted	funds
General ftmd				6,925,287	337,536	(43,767)	7,219,056
Youth Mission				8,538		(6,000)	2,538
Non-speci6ed	Fund			2,396	(716)	429	2,109
Missionary (Designated)		Fund		11,008			11,008
Capital fund				38,596	280	49,590	88,466
Safe House Men				1,669		(1)	1,668
Safe House Women				490		(202)	288
Tuesday Fellowship				970	950	(49)	1,871
				6,988,954	338,050		7,327,004
TOTAL FUNDS				6,988,954	338,050		7,327,004

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

			Net	Transfers
			movement	between	At
		At 1.1.21	in funds	funds	31.12.22
Unrestricted funds
General fund Youth Mission Non-specified Fund		6,925,287 8,538 2,396	429,403 (1,002)	(94,643) (6,000) 143	7360,047 2,538 1,537
Missionary (Designated)	Fund	11,008		1,578	12,586
Capital fimd Safe House Men Safe Bouse Women Tuesday Fellowship		38,596 1,669 490 970	280 950	94,688 (65) (583) (758)	133,564 1,604 (93) 1,162
Fellowship fund				5,640	5,640
		6,988,954	429,631		7,418,585
TOTAL FUNDS		6,988,954	429,631		7,418,585

above are as f	ollows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
		8		6
Unrestricted	funds
General fimd		911,740	(851,416)	369,079	429,403
Non-specified Fund Capital fund Tuesday Fellowship		280 950	(1,002)		(1,002) 280 950
		912,970	(852,418)	369,079	429,631
TOTAL FUNDS		912,970	(852,418)	369,079	429,631

The key assumptio	ns underlying the valuation	were a
Type offinancial	assumption	%pa
RPIprice mflation	assumption	3.20
CPIprice inflation	assumption	2.70
Minimum Pensionable Income
increases(CPI plus 0.75%pa)		0.50
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
-Based on CPI with au annual floor of0%
and annual cap of	5%	2.70

The movement in the provision	is set out in the table below.
		31.12.22	31.12.21
Balance sheet liability at year start Minus deficiency contributions paid Interest cost (recognised in SoFA)		31,200 (3,720) 587	35,929 (6,748) 447
Remaining creditJ(change) to other gains and losses)o Balance sheet liability at year	balance sheet liability (recognised in end	28,067 0	(1,572) 31400

The year end liability is now annual expense.	considered	to be nominal and th	e monthly charge will b	e treated as
			31.12.22	31.12.21
Discount mte			5.70'/o	2.00'/o
Future increases to Minimum	Pensionable	Income	4.10'/o	3.2'/o

Detailed Statement	o	ctivitie
for the Year Ended	31 December	2022
			31.12.22	31.12.21
INCOME AND ENDOWMENTS
Donations and legacies
Offerings			283430	294,287
Donations			60,992	19,137
Gift aid			60,076	66,907
Legacies			45,098	49,871
			449,396	430,202
Investment income
Rents received			13,515
Deposit account interest			2,190	268
			15,705	268
Other income
Sundry income			9,274	1,403
Government grants				6,722
			9474	8,125
Total incoming resources			474475	438,595
Raising donations	and legacies
Trustees' salaries			74,993	72,671
Trustees' NIC			3,464	3,560
Trustees' pension contribufions		to money
purchase schemes			9,601	7,191
Pastoral worker and cleaners			27 772	27,310
Social security			5,724	3,138
Pensions			4,125
Rates and water			5,241	7,545
Insurance			609	662
Sundries				855
Repairs and improvements			8)283	16,631
Mnisters' travel			310	88
Hospitality allowance			380	595
Visiting preachers	fees		746	300
Evangelism			44,964	10,170
Carried forward			186,212	150,716

the Year ded	31D e	mber2 22
			31.12.22	31.12.21
Raising donations	and legacies
Brought forward Church insurance Church repairs Church furnishings Church light and heat Pension deficit interest			186412 6,253 10453 1,282 14/95 587	150,716 6,077 23,133 10440 11,071 130
			219/82	201,367
Charitable activities
Youth minister and Pensions Youth and children's Grants to mstitulions	children's work &	worker wages materials	21,720 932 6,042 82,769	33,726 6,936 3,271 76,869
			111,463	120,802
Other
Fixtures and fittings			20,821	20,822
Support costs
Management
Wages Catering			49,864 1,190	39,044 689
gifts and	presents			248
Postage and telephone Printmg and stationery Subscriptions Worship expenses Other			6,154 4,988 5+04 4,951 4,821	6,204 4,015 5,063 8,008 5,078
			77272	68,349
Governance costs
Auditors' remuneration Accountancy fees			4,260 2,700	3,300 1,980
			6,960	5,280
Total resources expended			435,798	416,620
Net income			38,577	21,975