## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||3 s|t D
E B|ER2021||| |---|---|---|---|---|---|---|---|---| |||||Note|Unrestricted|Restricted|TOTAL|2020| |Income||||||||| |Donations
& Legacies||||2.|137,992|357,516|495,508|146,235| |Charitable
Activities||||3.|53,435||63,435|29,074| |Investment
Income||||4.|13,238||13,239|13,602| |Other Income||||5.|12,544||12,544|10,658| |Total Income|||||227,209|357,517|584,726|199,569| |Expenditure||||||||| |Raising Funds||||B.||||| |Charitable
Activities||||7.|264,813|3,871|288,684|262,158| |Total Expenditure|||||264,813|3,871|268,684|262,158| |Income l(expenditure)|for|the year|||(37,B04)|353,646|316,042|(62,589)| |Other recognised gains I(losses)||||||||| |Revaluation
gains on fixed assets||||13.|315,401||315,401|| |Revaluation
gains on investment|||assets|14.|26,911||26,911|| |Actuarial gains I(losses)|on|defined||||||| |benefit pension schemes||||25.||||(23,866)| |Net Income l(expenditure)||for the year|||304,708|353,646|658,354|(86,455)| |Transfers
between
funds||||22,23|80|(80)||| |Net Movement
in Funds|||||304,788|353,566|658,354|(86,455)| |Reconciliation
ofFunds||||||||1| |Total Funds brought
forward||restated||22.,23.|5,223,016|7,788|5,230,804|5,317,259| |Total Charity Funds carried forward||||22.,23.|5,527,804|361,354|5,889,158|5,230,804| ## ## ||||Note|Unrestricted|Restricted|TOTAL|2020| |---|---|---|---|---|---|---|---| |Fixed Assets|||||||| |Tangible|Fixed Assets||13.|5,040,567||5,040,557|4,718,815| |Investments|||14.|239395||239,395|210,134| |||||5,279,962||5,279,962|4,928,949| |Current|Assets||||||| |Debtors|&Prepaymenls||15.|2,337|270,000|272,337|196,559| |Stock|||16.|411||411|| |Bank|||17.|265 802|91 354|357156|114892| |||||268,550|361,354|629,904|311,451| |Current
Creditors|Liabilities due within|one year|19.|20708||20.708|~9,596| |||||(20,708)||(20,708)|(9,596)| |Net Current Assets||||247,842|361,354|609,196|301,855| |Total Net Assets||||5,527,804|361,354|5,889,158|5,230,804| |Charity|Funds||||||| |Total Funds brought forward||restated|22.,23|5,223,016|7,788|5,230,804|5,317,259| |Surplus|(deficit) for year|||304,788|353,566|558,354|(85,455)| |Total Charity Funds carried forward|||22.,23|5,527,804|361,354|5,889,158|5,230,804| ## ## |||Note||2021|2020| |---|---|---|---|---|---| |Reconciliation
ofnet cash provided|by operating||activities||| |Net income (expenditure)|||658,354||(86,455)| |Adjustments
for:|||||| |- Depreciation||8.|2,477||1,382| |- (Increase)
/ decrease
in debtors||15.|(75,778)||(30,607)| |-(Increase)
/ decrease
in stock||16.||(411)|| |- (Decrease) / increase
in creditors|||11|112|128453| |Net cash provided
by operating
activities||||595,754|(242,133)| |Cash flows from investing
Activities:|||||| |Purchase
and revaluation
offixed and|||||| |Net cash provided
by investing
activities
investment
assets|||(353,490)
~353.490||(22,590)~22 590| |Changes
in cash and cash equivalents||||242,264|(264,723)| |Cash and cash equivalents
brought forward||16.||114,892|379615| |Cash and cash equivalents
carried forward||18.||357,156|11' ,592| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Y|EAR ENDED 3|1stDECEM|BER 2021||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|TOTAL|2020| |2.|Donations
and Legacies|||||||| ||Offerings||||90,864|5,671|96,535|89,783| ||Tax refunds||||18,233|1,309|19,542|19,508| ||Donations||||13,807|536|14,343|6,594| ||Legacies||||15,088|350,000|365,088|30,350| ||Total||||137,992|357,516|495,508|146,235| |3.|Charitable
Activities||||||f|| ||Local Mission events||||676||678|| ||Children
8 Families'||Ministry||8,009||6,009|3,398| ||Community
Centre||—room hire||12,750||12,750|3,936| ||Income from The Ark||||27,321||27,321|10,965| ||Fees for weddings||and|funerals|4,165||4,165|2,565| ||Group activities
(Note 20.)||||2,385||2,385|3,579| ||Secondment
income||||9,900||9,900|4,500| ||Other charitable
income||||229||229|131| ||Total||||63,435||63,435|29,074| |4.|Investment
Income||||f|||| ||Rent received||||13,186||13,186|12,900| ||Bank interest||||52||53|702| ||Total||||13,238||13,239|13,602| |5.|Other Income||||||f|E| ||HMRC Furlough
grants||||12,544||12,544|10,658| ||||||12,544||12,544|10,658| |6.|Raising Funds|||||||| ||Cost ofevents|||||||| ||Support+ Governance|||costs (Note 9.)||||| ||Total|||||||| |7.|Charitable
Activities|||||||| ||Ministerial||||96,712||96,712|97,665| ||Mission||||84,040|700|84,740|55,737| ||Group activities (Note 20.)||||1,954||1,954|3,204| ||Donations fgrants|(Note 10.)|||22,500||22,500|22,500| ||Establishment||||22,561|2,378|24,939|48,918| ||Maintaining
investment||||1,204||1,204|2,289| ||Miscellaneous||||214||214|2,325| ||||||229,185|3,078|232,263|232,638| ||Support+
Governance|||costs (Note 9.)|35,628|793|36,421|29,520| ||Total||||264,813|3,871|268,684|262,158| ## ## |||||Unrestricted|Unrestricted|Restricted|TOTAL|2020| |---|---|---|---|---|---|---|---|---| |8.|Support Costs|||||||E| ||Staffing||||11,666||11,666|11,687| ||Telephone
8 IT||||4,604||4,604|4,429| ||Postage &stationery||||809||809|1,747| ||Leases, licences &|subscriptions|||5,988||5,988|5,541| ||Equipment
&sundry||costs||4,084|793|4,877|558| ||Depreciation||||2,477||2,477|1,382| ||Finance costs|||||||3,036| ||Total||||29,628|793|30,421|28,380| |9.|Governance
Costs|||||f|F|| ||Audit / Independent||Examination||6,000||6,000|1,140| ||Other governance|costs||||||| ||Total||||6,000||6,000|1,140| ||Support + Governance|||Costs apportioned|to (based on use of||resources
by|cost):| ||||||F|F||F| ||Raising Funds|||||||| ||Charitable
Activities||||35,628|793|36,421|29,520| ||||||35,628|793|36,421|| |10.|Donations/Grants||||||F|| ||BMSWorld Mission||||10,500||10,500|10,500| ||Baptist Union Home||Mission||9,500||9,500|9,500| ||South Wales Baptist|||College|2,500||2,500|2,500| ||||||22,500||22,500|22,500| ## ## ## ## ## |Employees|Employees|(continue|(continue|(continue|d)|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |The average||number|||ofemployees|during|the year was:|||||| |||||||Full Time
Part Time|||Total|||2020| |Ministerial||||||2|||2|||2| |Mission||||||1|1||2|||2| |Establishment|||||||1||1|||1| |Support|||||||1||1|||1| |||||||3|3||6|||6| |Pension|contributions||||are paid to Defined||Contribution|private|pension|schemes|on|behalf ofthe Ministers.| |The total|amount||paid||into these schemes||by the Church|was K8,867(2019 E7,529).||||| |One staff member||||is|in the Baptist Pension Scheme which is a Defined|||||Contribution||scheme. The amount| |paid into|this|Scheme|||was Et,994(2020Ef,994).|||||||| ## |Fixed Assets|||||| |---|---|---|---|---|---| |||Unrestricted||Restricted|Total Church| ||||||Property| ||Church|Fixtures,|Total|Church|(excluding| ||Property|Fittings,|Unrestricted|Property|investment| ||(excluding|Equipment|Church|(excluding|property)| ||investment|&Plant|~Pro
rt|investment|| ||property)|||property)|| |Cost or valuation|||||| |At 1stJanuary 2021|3,831,749|191,108|4,022,857|697,340|4,720,197| |Transfer (see note below)|697,340||697,340|(697,340)|| |Restated at 1stJanuary 2021|4,529,089|191,108|4,720,197||4,720,197| |Additions|4,740|4,088|8,828||8,828| ||4,533,829|195,196|4,729,025||4,729,025| |Revaluation
gain I(loss)|325,917|(10,516)|315,401||315,401| |At 31stDecember 2021|4,859,746|184,680|5,044,426||5,044,426| |Depreciation|||||| |At 1stJanuary 2021||1,382|1,382||1,382| |Charge||2,477|2,477||2,477| |At 31stDecember 2021||3,859|3,859||3,859| |Net Book Value|||||| |At 31stDecember 2021|4,859,746|180,821|5,040,567||5,040,867| |At 31stDecember 2020|3,831,749|189,726|4,021,475|697,340|4,718,815| ## ## ## |Investments||||| |---|---|---|---|---| ||Property|Fixtures,||TOTAL| |||Flttln9 8,||| |||Equipment||| |||& Plant||| |Cost or valuation||||| |||included|in|| |At 1st January 2021|210,134|property||210,134| |Revaluation|26,911|||26,911| |Additions||2,350||2,350| |At 31stDecember 2021|237,045|2,350||239,395| |Depreciation||||| |At 1stJanuary 2021||||| |Charge||||| |At 31st December 2021||||| |Net Book Value||||| |At 31st December 2021|237,045|2,350||239,395| |||included|in|| |At 31st December2020|210,134|ro
d||210,134| ## ## |15. Debtors &Prepa|yments:
amounts|falling due within o|ne year:||| |---|---|---|---|---|---| |||Unrestricted|Restricted|TOTAL|2020| |||E|f.||F| |Trade debtors||1,743||1,743|220| |Other debtors|||270,000|270,000|196,339| |||1,743|270,000|271,743|196,559| |Prepayments||594||594|| |||2,337|270,000|272,337|196,559| |16.Stock|||||| |Catering supplies|in The Ark|411||411|| |||411||411|| ## ## ||Unrestricted|Restricted|TOTAL|2020| |---|---|---|---|---| |Bank Balances||||| |Petty Cash|139||139|100| |Current Accounts|22,729|1,969|24,698|22,763| |Deposit Reserve Accounts|242,934|89,385|332,319|92,029| ||265,802|91,354|357,156|114,892| ## ## |Operating
Leases|Operating
Leases|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |The following
operational||leases were|||in|existence||at 31st|December 2021|||| |Due in less than|1 year|||||||2,271|||2,271|854| |Due in 2—5years|(per year)|||||||2,271|||2,271|| |Creditors: amounts
falling|||due within one||||year|||||| |Other taxation|and social security|||||||2,690|||2,690|| |Other creditors||||||||1,034|||1,034|1,033| |Trade creditors|and accruals|||||||16,984|||16,984|8,563| |||||||||20,708|||20,708|9,596| |Group Activities|(Designated|||Funds|only)|||||||| ||||||||||Designated|||2020| ||||||||income||Expenditure|TOTAL||| ||||||||||f|||| |Luncheon
Club||||||||||||563| |Mid Week Meeting||||||||2,310|1,914||39B|(29)| |Christians
Against Torture||||||||75|40||35|(359)| |||||||||2,385|1,954||431|175| |less gift to the Church
from the||||Mid Week||||||||| |Meeting (deemed|an internal||transaction)||||||(300)||300|200| |||||||||2,385|1,654||731|375| |The activities of|Groups|are|considered|||to be integral
to|||the activities|of|the Church|for local| |outreach.
The Luncheon||Club||was merged|||with|The Ark|in June 2021,||which
is part of the|| |normal
Church activities.||||||||||||| ## ## ## ## ## |21.|Analysis|of||Net Assets B|et|ween Funds|||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted|TOTAL||2020| ||Tangible|Net||Assets|||5,040,567||5,040,567||4,718,815| ||Investments||||||239,395||239,395||210,134| ||Bank||||||265,802|91,354|357,156||114,892| ||Other net|current assets|||||(17,960|270,000|252,040||186,963| ||||||||5,527,804|361,354|5,889,158||0,230,004| |22.|Movement||in Unrestricted|||Funds|||||| ||Unrestricted|||Funds|||01/01/2021|Incoming|Resources|Transfers|31/12/2021| |||||||||Resources|Expended||| ||General||||||4,435,063|562,084|(262,859)|(152,838)|4,581,450| ||Restatement|||ofRestricted|Fixed Assets||697,340||||697,340| ||||||||5,132,403|562,084|(262,859)|(152,838)|5,278,790| ||Designated|||Funds|||01/01/2021|Incoming|Resources|Transfers|31/12/2021| |||||||||Resources|Expended||| ||||||||||E||| ||Group Activities||||||3,938|2,385|(1,954)|(3,289)|1,080| ||Legacy||||||86,675|52||156,207|242,934| ||Donations|||||||5000|||5,000| ||||||||90,613|7,437|(1,954)|152,918|249,014| ||Total Restated Unrestricted|||||Funds|01/01/2021|Incoming|Resources|Transfers|31/12/2021| |||||||||Resources|Expended||| ||||||||5,223,016|569,521|(264,813)|80|5,527,804| ## ## ## ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||||E|E| |Instruments|measured||at fair value through|profit or loss:||| |Tangible|Fixed Assets||||5,040,567|4,718,815| |Investment||Assets|||239,395|210,134| ||||||2,279,942|4,922,949| ## ## ## ## ## ## ## ## ## ## ## ## ||||||Unrestricted|Restricted|TOTAL|2019| |---|---|---|---|---|---|---|---|---| |Income||||||||| |Donations
&Legacies|||||137,755|8,480|146,235|717,553| |Charitable
Activities|||||29,074||29,074|62,822| |Investment
Income|||||13,149|453|13,602|12,900| |Other Income|||||10658||10,658|| |Total Income|||||190,636|8,933|199,569|793,275| |Expenditure||||||||| |Raising Funds||||||||680| |Charitable
Activities|||||258 195|3963|262 158|264,829| |Total Expenditure|||||258,195|3,963|262,158|265,509| |Net income l(expenditure)||for the||year|(67,559)|4,970|(62,589)|527,766| |Other recognised
gains I(losses)||||||||| |Surplus
on revaluation|ofassets|||||||1,786,686| |Actuarial gains i(losses) on
pension schemes||defined||benefit|23,866)||(23,866)|(621)| ||||||(91,425)|4,970|(86,455)|2,313,831| |Transfers
between
funds|||||(70,387)|70,387||| |Net Movement
in Funds|||||(181,812)|15,353|(88,455)|2,313,831| |Reconciliation
ofFunds||||||||| |Total Funds brought|forwani||||4,687,488|629,771|5,317,259|3,003,428| |Total Funds carried|forward||||4,525,676|705,128|5,230,804|5,317,259| |Total Funds carried|forward||restated||5,223,016|7,788|5,230,804|5,317,259|