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||For the|Year Ended 3|1December 2|021|||
|---|---|---|---|---|---|---|
|||General|Designated||Total|Total|
|||Unrestricted|Unrestricted|Restricted|Funds|Funds|
||Note|Funds|Funds|Funds|2021|2020|
|INCOMING RESOURCES PROM:|||||||
|Donations,
pledges & grants|2(a)|75,335||I 726|77 061|95,495|
|Church activities|2(b)|2,182|||2,182|2,800|
|Investments|2(c)|97|||97|361|
|Trading
income
1'rom coffee shop|2(d)|||||12,942|
|Total income||77,614||1,726|79,340|111,599|
|EXPENDITURE ON:|||||||
|Charitable
activities||8,206||1,728|9,934|10,071|
|Church activities &adnunistration||68,159|9,451|5,098|82,708|70,764|
|Trading expenses for coffee shop||||||34,016|
|Total expenditure||76,365|9,451|6,826|92,642|114,851|
|Net income/(expenditure)||1,249|(9,451)|(5,100)|(13,302)|(3,252)|
|Transfers
between
funds||2,825|(2,825)||||
|Net movement
in fuads||4,074|(12,276)|(5,100)|(13,302)|(3,252)|
|Total funds brought
forward||57,140|1,212,509|5,100|1,274,749|1,278,001|
|Total funds carried forward|12|61,214|1,200,233||1,261,447|1,274,749|
||Market Harborough|Market Harborough|Baptist Church|Baptist Church|Baptist Church|||
|---|---|---|---|---|---|---|---|
|||Balance|Sheet|||||
|||as at 31December||2021||||
|||Note|||2021||2020|
|||||f|f|||
|FIXEDASSETS||||||||
|Tangible assets|||||1,203,894||1,205,483|
||||||1,203,894||1,205,483|
|CURRENT ASSETS||||||||
|Debtors||9||3,927||3,031||
|Cash at bank||10||56,165||69,169||
|||||60,092||72,200||
|CURRENT LIABILITIES||||||||
|Creditors: Amouuts|falling due within one year|11||2,539||2,934||
|Net current assets|||||57,553||69,266|
|NET ASSETS|||||1,261,447||1,274,749|
|C~FUNDS||12||||||
|Unrestricted
funds||||||||
|General funds|||||61,214||57,140|
|Designated
funds|||||1,200,233||1,212,509|
||||||1,261,447||1,269,649|
|Restricted
funds|||||||5,100|
|TOTAL CHARITY|FUNDS||||1,261,447||1,274,749|
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|2||Incoming Resources from:|Incoming Resources from:||||||
|---|---|---|---|---|---|---|---|---|
|||||General|Designated||Total|Total|
|||||Unrestricted|Unrestricted|Restricted|Funds|Funds|
|||||Funds|Funds|Funds|2021|2020|
||a1|Donations,
pledges & grants||f|f|||f|
|||Offerings||59,091|||59,091|57,913|
|||Donations &other income||3,227|||3,227|7, 162|
|||Coffee shop Covid grant||||||10,000|
|||Tax recovered
under|Gift Aid|12,416|||12,416|18,546|
|||Spurgeons||||406|406|521|
|||Open Doors||||531|531||
|||B,M.S./ Home Mission Boxes||||790|790|456|
|||In memorium||600|||600|579|
|||EMBA Thanksgiving|days||||||
|||BMS Thanksgiving|days||||||
|||Christian
Aid|||||||
|||Building project income||||||319|
|||||75,335||1,726|77,061|95,495|
##
|2||Incoming Resources|Incoming Resources|General||Designated||Total|Total||
|---|---|---|---|---|---|---|---|---|---|---|
|||from (continued):||Unrestricted||Unrestricted|Restricted|Funds|Funds||
|||||Funds||Funds|Funds|2021|2020||
||||||||||g||
||b)|Church
activities|||||||||
|||Rent for use ofhalls||2,|165|||2,165|2,338||
|||Coffee mornings|||||||234||
|||Small fundraising|activities||||||||
|||Outlook|||17|||17||37|
|||Coffee shop tips||||||||192|
|||Church trips|||||||||
|||||2,|182|||2,182|2,801||
|||Income off.192 I'rom church activities||in 2020 was restricted.|||||||
||c)|Investments|||||||||
|||Bank &other interest|||97|||97||261|
|||HSBC Compensation||||||||100|
||||||97|||97||361|
##
|||There was no restricted|There was no restricted|in|come from investments
in 2020,|come from investments
in 2020,|come from investments
in 2020,|come from investments
in 2020,||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||d)|Trading
income from||the|coffee shop had been excluded||||from the||charity accounts||until 2019 and shown||as|a separate||
|||income
and
expenditure|||account,||In|2019 it was
decided||that|this|should
be|included
as
it was||ultimately
the|||
|||responsibility
of the|charity|||trustees|and not the shop management.||||The|bardt and|cash|balances
were introduced|||to be|
|||kept in a designated|fund||(see Note||12), The coffee shop||ceased||trading|on 17 March||2020 and the trading||account
is||
|||shown
at Note 13,||||||||||||||||
|3||Expenditure
on:||||||General|Designated|||||Total||Total||
|||||||||Unrestricted|Unrestricted|||Restricted||Funds||Funds||
|||||||||Funds||Funds||Funds||2021||2020||
|||Charitable
activities:||||||||||||f||||
|||Spurgeons
childcare||||||||||405||405|||521|
|||B.M.S.World Mission||||||4,000||||258||4,258|||4,824|
|||E.M,B.A.||||||4,000||||534||4,534|||4,520|
|||Churches
Together||||||206||||||206|||206|
|||Open Doors||||||||||531||531||||
|||||||||8,206||||1,728||9,934|||10,071|
|||Church activities & administration:||||||||||||||||
|||Upkeep &renovation||of|premises|||9,303|||8,971|5,098||23,372|||14,170|
|||Ministry||||||29,285||||||29,285|||29,793|
|||Minister
in training|||||||||||||||1,516|
|||Manse expenses||||||5,837||||||5,837|||3,392|
|||Administration
expenses||||||22,812|||480|||23,291|||21,092|
|||Activity expenses||||||729||||||729|||256|
|||Other expenses||||||194||||||194|||545|
|||||||||68,159|||9,451|5|098|82 708|||70,764|
##
|||||||Fo|r|the|Yea|r|End|ed|31|Dece|mber|202|1|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||||Total||Total||
|4|Governaace
Costs||||||||||Geaeral||||Designated|||||Funds||Funds||
||||||||||||Unrestricted||||Unrestricted|||Restricted||||||
|||||||||||||Funds|||Funds||||Funds|2021||2020||
||||||||||||||||f|||||f||||
||Independent
examiner's
remuneration||||||||||||1,272||||||||1,272||1,200|
||Trustees
reimbursed
expenses||||||||||||3,960||||||||3,960||2,638|
||||||||||||||5,232||||||||5,232||3,838|
|5|Independent
Examiner's|Remuneration||||||||||||||||||||||
||The independent
examiner's||remuneration|||consisted|||ofan independent|||||examination||fee|off1,272 (2020:61,200).|||||||
|6|Trustees
and Key Management||||Personnel||Remuneration||||and||Expeases|||||||||||
||Reverend C.S. Brown, a trustee,||||has received|||a stipend||for hi||~ employment|||as minister||rather||than as|a trustee|which|is included|in the|
||figures at Note 7.In addition|||the|minister|and||four|other Trustees||||received||reimbursed||expenses
totalling f3,960 (2020if2,638),These|||||||
||expenses
were for equipment|||& fixtures,||travel, property||||maintenance,||||courses and||training,||stationery||and gifts.||||
||The Church considers that|it|has no key management||||||personnel|||other||than the Trustees|||themselves.|||||||
|7|Statf Costs||||||||||||||||||2021|||2020||
||Gross wages and stipend||||||||||||||||||31,516|||45,896||
||Employer's
National
Insurance|||costs|||||||||||||||||||SSO|
||Pension costs||||||||||||||||||3,078||||6,214|
||Redundancy
Costs||||||||||||||||||||||12,452|
||||||||||||||||||||34,594||||65,442|
||The average number ofemployees||||for the|year||is 3|(2019:5)|||||||||||||||
|||||||||||||||||||Freehold||Fixtures &||||
|8|Tangible
Fixed Assets|||||||||||||||||Properties
f||Equipment
f||Total
f||
||Cost or valuation|||||||||||||||||||||||
||At I January 2021||||||||||||||||||1,200,000||7,946|1,207,946||
||Additions|||||||||||||||||||||||
||Dispossls|||||||||||||||||||||||
||At 31December 2021||||||||||||||||||1,200,000||7,946|1,207,946||
||Accumulated
depreciation|||||||||||||||||||||||
||At I January 2021||||||||||||||||||||2,463||2,463|
||Charge for the year||||||||||||||||||||1,589||1,589|
||Written offon disposal|||||||||||||||||||||||
||At 31 Decenvber 2021||||||||||||||||||||4,052||4,052|
||Net book value|||||||||||||||||||||||
||At 31 December 2021||||||||||||||||||1,200,000||3,894|1,203,894||
||At I January 2021||||||||||||||||||1,200,000||5,483|1,205,483||
##
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|9|Debtors||||2021|2020|
|---|---|---|---|---|---|---|
||Prepaid|expenses|||3,373|3,031|
||Accrued|income|||392||
||Other debtors.
'||||||
||Hall rents||||162||
||||||3,927|3,031|
|10|Cash at|Bank and in|Hand||2021|2020|
||||||f.||
||Bank &|Building Society||accounts|56,165|69,169|
||||||56,165|69,169|
|11|Creditors: Amounts||falling due within one year||2021|2020|
|||||||f.|
||Accruals|and deferred|income:||||
||Independent
examination|||fee|1,272|1,200|
||Utilities||||137|96|
||Other creditors||||390||
||Due to BMS/EMBA||||740|1,638|
||||||2,539|2,934|
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|||Balances at|Incoming|Resources|Transfers &|Balances at|
|---|---|---|---|---|---|---|
|||IJan 2021|Resources|Expended|Revaluations|31Dec 2021|
||||f|f.|||
|Restricted
Funds|||||||
|Building Reserve||5,098||(5,098)|||
|Specific causes||2|1,726|(1,728)|||
|||5,100|1,726|(6,826)|||
|Unrestricted
Funds|(Designated)||||||
|Church Land &Buildings||950,000||||950,000|
|Manse||250,000||||250 000|
|Liz Cole Memorial|Fund|640||(640)|||
|New Horizons coffee shop||11,637||(8,811)|(2,825)||
|Churches
Together|Easter Fund|233||||233|
|||1,212,509||(9,451)|(2,825)|1,200,233|
|Unrestricted
Funds|(General)||||||
|Unrestricted
Funds||57,140|77,614|(76,365)|2,825|61,214|
|||57,140|77,614|(76,365)|2,825|61,214|
|Unrestricted
Funds|(Total)|1,269,649|77,614|(85,815)||1,261,447|
|TOTAL FUNDS||1,274,749|79,340|(92,641||1,261,447|
##
|||Balances at|incoming|Resources|Transfers &|Balances at|
|---|---|---|---|---|---|---|
|||1lan 2020
f.|Resources|Expended
f|Revaluations
f|31Dec 2020
f|
|Restricted Funds|||||||
|Building
Reserve||L3,945||(5,270)|(3,577)|5,098|
|Specific causes|||1,169|(1,167)||2|
|||13,945|1,170|(6,437)|(3,577)|5,100|
|Unrestricted
Funds|(Designated)||||||
|Church
Land &Buildings||950,000||||950,000|
|Manse||250,000||||250,000|
|Liz Cole Memorial|Fund|640||||640|
|New Horizons coffee shop||22,543|23,110|(34,016)||11,637|
|Churches
Together|Easter Fund||233|||233|
|||1,223,183|23,343|(34,016)||1,212,509|
|Un tastric ted Funds|(Genera 1)||||||
|General Fund||40,873|87,088|(74,399)|3,577|57,140|
|||40,873|87,088|(74,399)|3,577|57,140|
|Unrestricted
Funds|(Totai)|1,264,056|110,430|(1.08,415)|3,577|1,269,649|
|TOTAL FUNDS||1,278,001|111,599|114,851)||1,274,749|
|Analysis|ofNet Assets between|Funds||||
|---|---|---|---|---|---|
|||Restricted|Designated|General|Total|
|||Funds|Funds|Funds|Fuads|
|||f||f||
|Tangible|fixed assets||1,200,000|3,894|1,203,894|
|Bank balances||740|233|55,192|56,165|
|Debtors||||3,927|3,927|
|Creditors||(740)||(1,799)|(2,539)|
||||1,200,233|61,214|1,261,447|
|The analy|sis ofnet assets betwee|n
funds for the previous|year was as fol|lows:||
|---|---|---|---|---|---|
|||Restrtcted|Designated|General|Total|
|||Fuads|Funds|Funds|Funds|
|Tangible|fixed assets|5,098|1,200,000|385|1,205,483|
|Bank balances||2|1.2,509|56,658|69,169|
|Debtors||||3,031|3,031|
|Creditors||||(2,934)|(2,934)|
|||5,100|1,212,509|57,140|1,274,749|
##
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|Income||||||f|f|
|Sales|||||||12,942|
|Covid grant|||||||10,000|
||||||||22,942|
|Expenses||||||||
|Wages and|employer||pension contributions||||16,823|
|Redundancy|costs||||||12,452|
|Goods|||||||3,094|
|Premises costs|||||||613|
|Overheads|||||||1,034|
|Equipment|replacement|||&maintenance||||
||||||||34,016|
|Deficit oftrading||income over expenditure|||for the year||11074|