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|Title||Page|
|---|---|---|
|Trustee's
Annual
Report||I -4|
|Independent
Examiner's|Report||
|Statement
of Financial Activities|||
|Balance Sheet|||
|Notes to the Financial Statements||8-16|
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|||||||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|Funds|Funds|Funds|2022|2021|
|Income and endowments|||from||||||||
|Donations
and legacies|||||||||||
|Offerings
and donations||||||177,404||22,905|200,309|185,956|
|Income tax recoverable|on||donations|||39,784||4,255|44,039|40,938|
|||||||217,188||27,160|244,348|226,894|
|Investment
income|||||||||||
|Interest||||||629|||629|413|
|||||||629|||629|413|
|Charitable
Activities|||||||||||
|Children
and youth clubs||||||582||9,287|9,869|2,895|
|Popin Cafe||||||706|||706|391|
|||||||1,288||9,287|10,575|3,286|
|Total Income||||||219,105||36,447|255,552|230,593|
|Expenditure|||||||||||
|Charitable
Activities|||||||||||
|Ministry|||||2|77,327|||77,327|74,924|
|Mission|||||2|51,756||28,959|80,715|75,603|
|Church premises|||||3|44,304|18,879||63,183|49,577|
|Cafe expenses||||||663|||663|406|
|Support Costs|||||4|23,632|||23,632|24,378|
|Total Expenditure||||||197,682|18,879|28,959|245,520|224,888|
|Net Income
/ (Expenditure)|||for the|year||21,423|(18,879)|7,488|10,032|5,705|
|Transfer between
funds|||||||||||
|Other recognised
gains||/ (losses)|||||||||
|Actuanal
gains
/ (losses)|on defined|||benefit|15|15,432|||15,432|801|
|pensions
schemes|||||||||||
|Net Movement
in Funds||||||36,855|(18,879)|7,488|25,464|6,506|
|Reconciliation
ofFunds:|||||||||||
|Total Funds brought forward||||||140,138|462,637|3,200|605,975|599,469|
|Total Funds carried forward||||||176,993|443,758|10,688|631,439|605,975|
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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|f|6||
|Fixed Assets||||||||||
|Tangible fixed assets||||||||451,758|472,808|
|Current Assets||||||||||
|Debtors|||||||10,461||11,375|
|Bank and cash|||||||171,789||141,892|
||||||||182,250||153,267|
|Current
Liabilities||||||||||
|Creditors: amounts||falling due within||||||||
|one year|||||||2,569||2,800|
|Net Current Assets||||||||179,681|150,467|
|Total Assets Less||Current||Llabgltles||||631,439|623,275|
|Net Assets excluding|||Pension||LlabElty|||||
|De6ned benefit pension scheme||||||||||
|Pension
liability|||||||||(I7,300)|
|Total Net Assets||||||||631,439|605,975|
|Charity Funds||||||||||
|Unrestricted
funds||||||||176,993|140,138|
|Designated
funds||||||10||443,758|462,637|
|Total unrestricted|funds|||||||620,751|602,775|
|Restricted funds||||||||10,688|3,200|
|Total Charity Funds||||||||631,439|605,975|
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|Ministry:|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||General|Restricted|Total|Total|
||||||||Fundf|Funds
f|2022f|2021f|
|Ministers'|stipend||and|pension|||40,519||40,519|39,417|
|Youth worker salary and|||||pension||35,083||35,083|33,868|
|Expenses|||||||1,390||1,390|1,323|
|Other costs|||||||336||336|316|
||||||||77,327||77,327|74,924|
||||||||Unrestricted|Restricted|Total|Total|
||||||||||2022f|2021f|
|Mission|||||||||||
|Given to other causes (see below)|||||||40,949|22,767|63,716|64,748|
|Youth and|children's
church||||||4,414|6,192|10,606|6,924|
|Outreach|||||||1,438||1,438|135|
|Other groups|||||||4,955||4,955|3,796|
||||||||51,756|28,959|80,715|75,603|
|Other Causes|||||||||||
||||||||2022||2021||
||||||||Raised|Given|Raised|Given|
||||||||f|f|f|f|
|Remember||the Poor|||||12,595|7,900|8,190|8,868|
|BMS||||||||10,828||10,616|
|Appeal
Christmas|||||||7,003|7,003|8,499|8,499|
|Appeal: Summer|||||||3,692|3,692|4,936|4,936|
|Camberley||Youth|for|Christ||||4,500||4,500|
|M &SVening||||||||7,647||8,797|
|S& A Matheson||||||||4,000||4,150|
|B U (Home||Mission)||||||10,237||10,202|
|Ukraine|||||||1,162|1,162||0|
|Refugees|I|Asylum|seekers||||1,300|1,081||0|
|J Carlisle||||||||1,000|||
|Other|||||||10,695|4,666|5,272|4,180|
||||||||36,447|63,716|26,897|64,748|
|3.Upkeep|ofChurch|||Premises|||||||
||||||||||2022|2021|
|||||||||||f.|
|Lighting
and||Heating|||||||4,929|4,082|
|Cleaning|||||||||3,241|3,613|
|Insurances
Repairs and||(including
Manse f510)
maintenance
(including||||Manse f2,138)|||3,993
25,618|3,825
13,015|
|Water rates|||||||||965|339|
|Other costs||(all Manse)|||||||3,387|3,283|
|Council|tax, water rates||||and broadband||||||
|Depremation|||||||||21,050|21,420|
||||||||||63,183|49,577|
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|---|---|---|---|---|---|---|
|4.Support Costs|||||2022|2021|
||||||5|f|
|Office salaries and|pension||||11,350|11,496|
|Pnnting,
stationery|and IT running|costs|||4,474|4,484|
|Telephone|||||571|563|
|Bank charges|||||267|327|
|Other administration|costs||||4,402|4,830|
|Governance
costs|- Independent|Examination||fees|2,568|2,679|
||||||23,632|24,379|
|Support costs are|fully allocated|to general|funds and||are not allocated to any restricted|funds.|
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|666,828k No|trustees|were remune|rated
for their|role as trust|ee.||||
|---|---|---|---|---|---|---|---|---|
|||||||2022||2021|
|||||||5||f|
|Wages and salaries||||||74,981||72,936|
|Social secunty|costs|||||6,762||6,358|
|Pension costs|- defined|contribution||||9,679||9,047|
|||||||91,422||88,341|
|Average
number
ofemployees|||||||||
|Ministry|||||||||
|Management|and administration||||||||
|No employee|received|remuneration|in excess of|560,000.|||||
|6.Tangible Fixed Assets|||||||||
|||||Freehold|Computers||||
|||||land &|&other|Fixtures|&||
||||Buildings||Equipment|Fittings||Total|
|||||6||8||6|
|Cost|||||||||
|At 1stJanuary|2022|||943,958|84,754|11,770||1,040,482|
|Additions|||||0|||0|
|Disposals|||||||||
|At 31stDecember 2022||||943,958|84,754|11,770||1,040,482|
|Depreciation|||||||||
|At 1st January|2022|||481,321|74,624|11,729||567,674|
|Charge for the|year|||18,879|2,163||8|21,050|
|Disposals|||||||||
|At 31stDecember 2022||||500,200|76,787|11,737||588,724|
|NET BOOK VALUES|||||||||
|At 31st December 2022||||443 758|7 967||33|451 758|
|At 31st December 2021||||462,637|10,130||41|472 808|
|All ofthe fixed|assets are used for||direct charitable|purposes.|||||
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|---|---|---|---|---|
|7.Debtors|||2022
5|2021f|
|Accrued income: income tax recoverable|||10,461|11,375|
||||10,461|11375|
|8.Creditors: amounts|falling due within one year||2022f|2021|
|Accruals|||2,569|2,800|
||||2,569|2,800|
|9. i Defined benefit pension scheme||liability|2022f|2021
8|
|Pension scheme
liability||||17,300|
|Further details see|note 15.||||
|||||17,300|
|10.Designated
funds||||Buildings|
|Balance at 1stJanuary|2022|||462,637|
|Expenditure||||18,879|
|Balances at 31st December 2022||||443,758|
|||Balances||||Balances|
|---|---|---|---|---|---|---|
|||at1st|||Transfer|at 31st|
|||January|||between|December|
|||2022|Income|Expenditure|funds|2022|
|||8||6||8|
|Remember
the Poor||1,483|12,595|7,900||6,178|
|Appeals
Christmas|||7,003|7,003|||
|Appeals.
Summer|||3,692|3,692|||
|Appeals:
BMS Ukraine|||1,162|1,162|||
|Pastoral Care||838|125|647||316|
|Pop-In Cafe|||100|||100|
|ShedW~C|||60
883|41
814||19
69|
|Children's
Church|||312|271||41|
|FBCJuniors||250|1,250|690||810|
|Children's
Groups||182|250|232||200|
|Refugees/Asylum|Seekers||1,300|1,081||219|
|Youth Charity Donation|||2,500|245||2,255|
|FBC Youth Club|||3,832|3,578||254|
|Youth Satelktes 2023|||1,028|809||219|
|Youth Reindeer Games|||115|107||8|
|Youth||260||260|||
|Hokdays @Home||187|240|427|||
|||3,200|36,447|28,959||10,688|
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|12.Funds by Net Assets|||||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted|Total|
||Funds|Funds|Funds|Funds|
|Fixed Assets|8,000|443,758||451,758|
|Current Assets|171,562||10,688|182,250|
|Creditors|(2,569)|||(2,569)|
|Net Assets|176,993|443,758|10,688|631,439|
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|T
eoffinanmal
assum
tion|||||||o/oO)a|
|---|---|---|---|---|---|---|---|
|RPI price inflation
assumption|||||||3.20|
|CPI price intlation
assumption|||||||2.70|
|Minimum
Pensionable
Income|increase||Adjustment||(above CPI)||0.50|
|Pre-retirement
assumed
investment||returns||(gilt yield||plus 1.75'/vpa)|2.95|
|Post retirement
assumed
investment||returns||(including||benefits||
|matched
by the insurance
policy)(gilt|||yield|plus 0.5'/v||pa)|1.70|
|Minimum
Pensionable
Income|increases
(CPI plus||||0.5'/v)||3.20|
|Deferred pension increases (based||on|RPI)|||||
|Pre April 2009|||||||3.20|
|Post April 2009|||||||2.50|
|Pension increases||||||||
|Based on CPI with an annual|floor|of|0'/v and annual|||cap of 5'/o|2.70|
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|movement
in the provision
is set out in the||table below.|||||
|---|---|---|---|---|---|---|
|Accountin
date
earendin||||31 Dec 2022||31 Dec2021|
|||||||f|
|Balance sheet liabihty at year start||||17,300||21,526|
|Minus defidency
contnbutions
paid||||(2,192)||(3,695)|
|Unwinding
ofthe discount factor (mterest|expense)|||324||270|
|Remaining
change to balance sheet hability* (recognised|||in SoFA)|(15,432)||(801)|
|Balance sheet liability at year end
*Compnses
any change
in agreed deficit|recovery plan||and change|0
in assumptions|between|17,300
year-ends.|
|This
liability
represents
the present
value||of the deficit|contributions|agreed as at the accounting
date and has|||
|been valued
using the following
assumptions||set by reference to the||duration
ofthe|deficit recovery payments||
|A~id
t||||31 Dec 2022||31 Dec 2021|
|Discount rate||||5.7'/o||2.0'/o|
|Future increases
to Minimum
Pensionable|Income|||3.3'/o||4 1'/|
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|||||||General|Designated|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|2021|
|Income and endowments||||from||||||
|Donations
and legacies||||||||||
|Offerings
and donations||||||165,817||20,139|185,956|
|Income tsx recoverable|||on|donations||36,982||3,956|40,938|
|||||||202,799||24,095|226,894|
|Investment
income||||||||||
|Interest||||||413|||413|
|||||||413|||413|
|Charitable
Activities||||||||||
|Children
and youth|clubs|||||93||2,802|2,895|
|Popin Cafe||||||391|||391|
|||||||484||2,802|3,286|
|Total Income||||||203,696||26,897|230,593|
|Expenditure||||||||||
|Charitable
Activities||||||||||
|Ministry||||||74,924|||74,924|
|Mission||||||49,175||26,428|75,603|
|Church premises||||||30,698|18,879|-|49,577|
|Cafe expenses||||||406|||406|
|Support Costs||||||24,378|||24,378|
|Total Expenditure||||||179,581|18,879|26,428|224,888|
|Net Income
/ (Expenditure)||||for the|year|24,115|(18,879)|469|5,705|
|Transfer between|funds|||||3,166|(3,166)|||
|Other recognised|gains /(losses)|||||||||
|Actuarial
gains I(losses) on defmed|||||benefit|801|||801|
|pensions schemes||||||||||
|Net Movement
in Funds||||||||||
|||||||28,082|(22,045)|469|6,506|
|Reconciliation
of Funds:||||||||||
|Total Funds brought||forward||||112,056|484,682|2,731|599,469|
|Total Funds carried||forward||||140,138|462,637|3,200|605,975|