**Annual Report and Accounts for the year ended 31[st] December 2020** ## Akeman Street Baptist Church ## **Details of Charity** Church Address: Akeman Street Baptist Church Akeman Street Tring Hertfordshire HP23 6AA Registered as a charity in Number 1133369 in England & Wales Affiliated to: Association of Grace Baptist Churches, 7 Arlington Way, London, EC1R 1XA Principal Bankers: CAF Bank Principal savings in interest-bearing Grace Baptist Charities Ltd, accounts deposited with: 7 Arlington Way, London, EC1R 1XA Independent Examiner: Malcolm Rogers ## **Objectives and Activities** Akeman Street Baptist Church is located in Tring, Hertfordshire and serves the town and surrounding area. The church is committed to providing for the spiritual and pastoral needs of the community. When planning our activities for the year, the trustees have considered the ��������������������� on public benefit and in particular the specific guidance on charities for the advancement of religion. It does so by offering services of worship on Sunday and meeting for Bible studies and prayer during the week. In addition, various activities tailored to the needs of different age groups, operate on a regular basis throughout the year. All of the services and activities are open for anyone to attend. It is through the above activities that the church endeavours to enable people to live out their faith as part of the fellowship by, - Worship and prayer; learning about the Bible and developing their knowledge and trust in Jesus Christ 1 **Annual Report and Accounts for the year ended 31[st] December 2020** - The provision of pastoral care for the people of Tring and surrounding area. - Mission and outreach work. - The provision of a safe environment where children and young people can develop socially, emotionally and spiritually through various activities. ## **Achievements and Performance** Two services are held on a Sunday, with an average attendance of 120 for the morning and 35 for the evening. During the morning service provision is made for a crèche, so people with young children can attend. A Sunday school for various age groups is held during the morning service with an average of 40 children in attendance. Classes and activities for children and young people also take place during the evening service. Special services are held at occasions such as, Easter, Harvest and Christmas. A Carols by Candlelight service is held at Christmas and attracts large numbers of people who enjoy the singing and worship together with refreshments that are provided afterwards. Various evangelistic outreach activities are organised throughout the year. Several prayer and Bible study meetings are held during the week, so as to meet various needs of the fellowship and, as these are open events, the wider community. To provide an outreach to the community the church offers a range of events and clubs, each of which is focussed on a particular age range, beginning with ABC Tots and going on through to the Seniors. All are very popular, especially those providing activities for children and young people, with many of these having a waiting list. Formal church membership at the end of the year was 100. The church employs a pastor on a full time basis and a part time administrator. The church operates a preschool four mornings per week and is open to all. It is subject to regulation by Ofsted. The trustees delegate the management of the preschool to a committee. The chairman is one of the trustees. The majority of the activities provided by the church operate due to the many volunteers who give generously of their time, so these activities can function efficiently and effectively for the benefit of all that attend them. ����������������� ����������������������������������� The church has a written Safeguarding Policy for Children and Vulnerable Adults and a person who is responsible for its implementation and review. Those entrusted with the care of children undergo a Disclosure & Barring check. During the Covid-19 pandemic we have sought to continue services and activities, at all times closely following the government's guidance for places of 2 **Annual Report and Accounts for the year ended 31[st] December 2020** worship and out-of-school settings. The church has also introduced the livestreaming of services to ensure that they are accessible. ## **Mission** The church supports various mission projects both in this country and abroad. These include Grace Baptist Mission, Association of Grace Baptist Churches (South East) and mission activities in the Philippines, France and Uganda. In 2020 the mission giving was £16,790. ## **Structure and Governance** The overall management of the church is the responsibilities of the Managing Trustees. Where appropriate, the trustees may delegate the day-to-day management of an activity to a committee, who report back on a regular basis to the trustees. The trustees meet eleven times per year and on other occasions when it is deemed necessary. The processes for appointment and removal of trustees are set out in the Church Constitution. The charity is an unincorporated association with a constitution. The legal title to the church buildings is held by Grace Baptist Charities Limited as Custodian Trustee on behalf of the church. Trustees during the year were, David Williams � Pastor David Chapman David Crane John Heasman Chris Hitchcock Paul Morris Daniel Nash Nigel Rogers - Secretary Chris Turland - Finance Officer Brian Walshe ## **Reserve Policy** A Reserves Policy was approved by the Trustees on 5 May 2010. The policy states that the charity will maintain unrestricted funds, which are free reserves of the charity, at a level that equates to approximately four months unrestricted expenditure. This provides sufficient funds to cover committed salaries, regular premises costs and ongoing running costs for the regular activities of the charity and to be able to provide for emergency repairs etc. of premises or equipment. 3 **Annual Report and Accounts for the year ended 31[st] December 2020** Part of the Restricted Reserves of the Preschool are designated as a contingency in the event that it became necessary to declare staff redundancies. Year end reserves totalled £83k, exceeding the amount required under the Reserves Policy. ## **Financial Review and Future Plans** The main sources of income were personal giving from church members, manse rental income, local authority grants relating to the playgroup and gift aid receipts. Income was £197k (an increase of £10k on the previous year), mainly comprising of donations and legacies of £102k, charitable activities of £57k and income from rental investments of £17k. The main areas of expenditure were staff salaries, donations to other charities, property maintenance and building project costs. Expenditure totalled £163k (a decrease of £33k on the previous year). The main reason for this decrease is due to a one off item in the prior year amounts. There was a surplus of net incoming resources for the year of £34,519. The Church was holding balances of £111,952 at the year-end. These were held in investment accounts with Grace Baptist Charities Ltd, in current accounts, deposit accounts or cash for the ongoing regular activities of the Church. The Trustees (Elders & Deacons) review the financial position of the church each month and present a financial report to the Church members each quarter and a full report at the Annual General Meeting in April. ## **COVID-19 pandemic** The Trustees have considered the consequences of COVID-19 and other events and conditions, and it has determined that they do not create a material ���������������������������������������������������������������������������������� going concern. ## **Approval of Report and Accounts** This Annual Report and the associated Accounts were approved by the Trustees of the Church on [date]. The Trustees in office at that date were as stated on page 3 with the exception of Chris Hitchcock, Brian Walshe and David Williams, who resigned as Trustees after the year end. Nigel Rogers Trustee Chris Turland Trustee Date: 20[th] December 2021 20[th] December 2021 4 Annual Report and Accounts for the year ended 31st December 2020 Independent Examlnerfs Report l am pleased to report on my examination of the accounts of Akeman Street Baptist Church Trin& for the year ended 31st December, 2020. set out on pages I to 19 of the Accounts. Respectl¥e reSp(￿sIbIlItIeS of trustees and emaffllner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Art 20111.the Charities Act") and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act; follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the Charities Act, and state whether particular matters have come to my attention. Basls of Independent exaffliner's statement My examination was carried out in accordènce with general Direction5 given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the actounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examlnerfs ststement In connection with my examination, no mèterial matters have come to my attention which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act: or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the (harities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. I have come across no other matters in connection wtth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 2oL( 2a2. ( Name: Malcolm W Rogers Relevant professional qualification{sl or boty lif any): C En& FIC. ACIE Address: 24a, Friars Walk, Trin& Hertfordshire. HP23 4AY **----- Start of picture text -----**
Akeman Street Baptist Church Charity No (if 1133369
any)
Annual accounts for the period
01-Jan-20 31-Dec-20
Period start date To Period end date
**----- End of picture text -----**
**EXAMINED ACCOUNTS OF AKEMAN STREET BAPTIST CHURCH FOR THE FINANCIAL YEAR 01 JANUARY 2020 TO 31 DECEMBER 2020** ## **Section A Statement of financial activities** |**Recommended categories by activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Total_**
**Net income/(expenditure) before investment**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
119,972
-
-
119,972
96,959
-
57,169
-
57,169
66,551
-
-
-
-
-
18,359
160
-
18,519
19,047
-
-
-
-
-
-
1,618
-
1,618
3,402| |---|---| ||138,331
58,947
-
197,278
185,959| ||20
20
-
40
60
73,335
50,658
-
123,993
150,702
-
-
-
-
-
38,725
-
-
38,725
45,517| ||112,080
50,678
-
162,758
196,279| ||| ||26,250
8,269
-
34,519
10,320
-| ||-| ||26,250
8,269
-
34,519
10,320
-| ||-
-
-| ||26,250
8,269
-
34,519
10,320
-| ||2,766,581
20,685
2,787,266
2,797,586| ||2,792,831
28,954
-
2,821,785
2,787,266| ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due**
**within one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf
of all the trustees|Guidance Notes
**Unrestricted**
**funds**
**Restricted**
**income funds**
**£**
**£**
F01
F02
B01
-
-
B02
2,785,433
-
B03
-
-
B04
-
-
B05
2,785,433 -
B06
-
-
B07
4,000
B08
-
11,867
B09
82,998
17,087
B10
86,998 28,954
B11
14,600
-
B12
72,398 28,954
B13
2,857,831 28,954

B14
65,000 -
B15
-
-
B16
2,792,831 28,954
B17
-
B18
28,954
B19
2,792,831
B20
B21
2,792,831 28,954
Signature
[Signed on original]
[Signed on original]|**Unrestricted**
**funds**
**£**
F01
-
2,785,433
-
-|**Restricted**
**income funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**£**
F03
-
-
-
-|**Total this year**
**Total last year**
**£**
**£**
F04
F05| |---|---|---|---|---|---| ||||||-
-
2,785,433
2,797,803
-
-
-
-| |||2,785,433|-|-|2,785,433
2,797,803| |||-
4,000
-
82,998|-
11,867
17,087|-
-
-
-|| ||||||-
-
4,000
4,000
11,867
11,727
100,085
64,736| |||86,998|28,954|-|115,952
80,463| ||||||14,600
13,000| |||14,600|-|-|| ||||||| |||72,398|28,954|-|101,352
67,463| ||||||| |||2,857,831|28,954|**-**|2,886,785
2,865,266| ||||||65,000
78,000
-
-| |||65,000
-|-
-|-
-|| ||||||| |||2,792,831|28,954|-|2,821,785
2,787,266| |||-
2,792,831|28,954
|-|| ||||||-
-
28,954
20,685
2,792,831
2,766,581
-
-| |||2,792,831|28,954|-|2,821,785
2,787,266| |||||Print
Chris
Nigel|Date of
approval
dd/mm/yyyy
20-Dec-21
20-Dec-21
Name
Turland
Rogers| ## **Section C Notes to the accounts** Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in • and with* √ accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United • and with* Kingdom and Republic of Ireland (FRS 102) • and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* √ The charity constitutes a public benefit entity as defined by FRS 102.* * -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the conclusion that the charity is a _**Not Applicable**_ going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; _**Not Applicable**_ Where accounts are not prepared on a going concern basis, please disclose this fact _**Not Applicable**_ together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** **----- Start of picture text -----**
The accounts present a true and fair view and there are no changes to the accounting policies that impact any figures
in 17/18 or 16/17, but see Note 14.
Yes* √
* -Tick as appropriate
No* √
Please disclose:
(i) the nature of the change in accounting policy; N/A
(ii) the reasons why applying the new accounting policy provides more reliable and more relevant N/A
(iii) the amount of the adjustment for each line affected in the current period, each prior period
N/A
presented and the aggregate amount of the adjustment relating to periods before those presented,
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* √
* -Tick as appropriate
No* ü
Please disclose:
(i) the nature of any changes; N/A
(ii) the effect of the change on income and expense or assets and liabilities for the current period; N/A
(iii) where practicable, the effect of the change in one or more future periods. N/A
**----- End of picture text -----**
## **1.5 Material prior year errors** |**1.5 Material prior year errors**|| |---|---| |No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).|| |Yes*
√
No*
ü
* -Tick as appropriate|| |**_Please disclose:_**|| |**_(i) the nature of the prior period error;_**|N/A| |**_(ii) for each prior period presented in the accounts, the amount of the correction for each account_**|N/A| |**_(iii) the amount of the correction at the beginning of the earliest prior period presented in the_**|N/A| ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _Please complete this note when first reporting under FRS102. Section 35 of FRS102, requires 3_ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **Please provide a description of the nature of each change in accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of period End of period £ £ Fund balances as previously stated** _**Adjustments:**_ **Fund balance as restated** _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net**_ **End of period £** _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net**_ **Net income/(expenditure) as previously stated** _**Adjustments:**_ **Previous period net income/(expenditure) as restated** ## **2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
These are included in the Statement of Financial Activities (SoFA)
when:
· the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the
resources; and
· the monetary value can be measured with sufficient reliability.
**Legacies**
Legacies are included in the SOFA when receipt is
probable, that is, when there has been grant of
probate, the executors have established that there
are sufficient assets in the estate and any conditions
attached to the legacy are either within the control
of the charity or have been met.
**Government grants**
The charity has received government grants in the
reporting period
**Offsetting**
There has been no offsetting of assets and liabilities, or income and
expenses, unless required or permitted by the FRS 102 SORP or FRS
102.
_Offsetting applies to Subscriptions and Capitation that is forwarded t_
_attending TSA events such as the four-yearly Jamboree._
**Grants and donations**
Grants and donations are only included in the SoFA
when the general income recognition criteria are
met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income
must only be recognised to the extent that the
charity has provided the specified goods or services
as entitlement to the grant only occurs when the
performance related conditions are met (5.16 FRS
102 SORP).|Yes
No
N/a
√
ü
ü
Yes
No
N/a
√
ü
ü
Yes
No
N/a
√
ü
ü
Yes
No
N/a
√
ü
√
Yes
No
N/a
√
ü
√
Yes
No
N/a
√
ü
_o higher formations in the Scout Association, and to fees for_| |---|---| **Section C Notes to the accounts (cont)** Gift Aid receivable is included in income when there is a valid declaration by the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Tax reclaims on donations and gifts** This is only included in the SoFA once the charity has provided the related goods or services or met **Contractual income and performance** the performance related conditions. **related grants** Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. **Donated goods** The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Donated services and facilities are included in the SOFA when received at the value of the gift to the **Donated services and facilities** charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The charity has incurred expenditure on support costs. ## **Support costs** The value of any voluntary help received is not **Volunteer help** included in the accounts but is described in the trustees’ annual report. This is included in the accounts when receipt is **Income from interest, royalties and** probable and the amount receivable can be **dividends** measured reliably. **----- Start of picture text -----**
Yes No N/a
√ ü
Yes No N/a
√ ü √
Yes No N/a
ü ü √
**----- End of picture text -----**
|Yes||No|N/a| |---|---|---|---| ||√|ü|√| |Yes||No|N/a| ||√|ü|√| |Yes||No|N/a| ||ü|ü|√| |Yes||No|N/a| ||ü|ü|√| |Yes||No|N/a| ||√|ü|√| |Yes||No|N/a| ||√|ü|√| |Yes||No|N/a| ||√|ü|ü| |Yes||No|N/a| ||√|ü|ü| |Yes||No|N/a| ||√|ü|ü| **Section C Notes to the accounts (cont)** **Income from membership subscriptions**[Membeship subscriptions received in the nature of ] a gift are recognised in Donations and Legacies Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. ## **Settlement of insurance claims** This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **Investment gains and losses** ## **2.3 EXPENDITURE AND LIABILITIES** **Liability recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. **Governance and support costs** Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. ## **Grants with performance conditions** Where there are no conditions attaching to the **Grants payable without performance** grant that enables the donor charity to realistically **conditions** avoid the commitment, a liability for the full funding obligation must be recognised. The charity made no redundancy payments during the reporting period. ## **Redundancy cost** No material item of deferred income has been included in the accounts. **Deferred income** **----- Start of picture text -----**
Yes No N/a
√
Yes No N/a
√ ü √
Yes No N/a
√ ü ü
Yes No N/a
√ ü ü
Yes No N/a
√ ü ü
Yes No N/a
ü √
Yes No N/a
√ √ √
Yes No N/a
√ ü √
Yes No N/a
ü ü √
Yes No N/a
√ ü ü
Yes No N/a
√ ü ü
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** **Creditors** ## **Provisions for liabilities** ## **Basic financial instruments** ## **2.4 ASSETS** **Tangible fixed assets for use by charity** **----- Start of picture text -----**
Yes No N/a
√ ü ü
Yes No N/a
√ ü ü
Yes No N/a
√ ü
√
**----- End of picture text -----**
The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. These are capitalised if they can be used for more than one year, and cost at least **£1,000.** **----- Start of picture text -----**
Yes No N/a
√ ü ü
**----- End of picture text -----**
They are valued at cost. The depreciation rates and methods used are disclosed in note 14. ## **Intangible fixed assets** ## **Heritage assets** **Investments** The charity has intangible fixed assets, that is, nonmonetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. The charity has heritage assets, that is, nonmonetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. ||Yes||No|N/a| |---|---|---|---|---| |||||| |||||| |||ü|√|√| ||Yes||No|N/a| |||||| |||ü|ü|√| |||||| |||||| ||Yes||No|N/a| |||||| |||||| |||ü|√|√| |||||| ||Yes||No|N/a| |||||| |||ü|ü|√| |||||| |||||| ||Yes||No|N/a| |||||| |||||| |||ü|ü|√| |||||| ## **Section C Notes to the accounts (cont)** |**POLICIES ADOPTED ADDITIONAL TO**
**OR DIFFERENT FROM THOSE ABOVE**
**Stocks and work in progress**
**Debtors**
**Current asset investments**|Investments held for resale or pending their sale
and cash and cash equivalents with a maturity date
of less than 1 year are treated as current asset
investments
Stocks held for sale as part of non-charitable trade are measured at
the lower or cost or net realisable value.
Goods or services provided as part of a charitable activity are
measured at net realisable value based on the service potential
provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is
likely to occur on the contract.
Debtors (including trade debtors and loans receivable) are measured
on initial recognition at settlement amount after any trade discounts
or amount advanced by the charity. Subsequently, they are
measured at the cash or other consideration expected to be
received.
The charity has investments which it holds for resale or pending their
sale and cash and cash equivalents with a maturity date less than
one year. These include cash on deposit and cash equivalents with a
maturity date of less than one year held for investment purposes
rather than to meet short term cash commitments as they fall due.
They are valued at fair value except where they
qualify as basic financial instruments.|Yes
No
N/a
√
ü
ü
Yes
No
N/a
√
√
√
Yes
No
N/a
√
Yes
No
N/a
ü
ü
√
Yes
No
N/a
√
ü
ü
Yes
No
N/a
√
ü
Yes
No
N/a
√
ü
√


| |---|---|---| **Section C Notes to the accounts (cont)** **----- Start of picture text -----**
Note 3 Analysis of income
Unrestricted Restricted Endowment
funds income funds funds Total funds Prior year
Analysis £ £
Donations and legacies: Donations and gifts 101,954 - - 101,954 80,707
Gift Aid 18,017 - - 18,017 16,252
Legacies - - - - -
General grants
provided by
government/other
charities - - - - -
Membership
subscriptions and
sponsorships which
are in substance
donations
- - - - -
Donated goods,
facilities and
services - - - - -
Other - - - - -
Total 119,972 - - 119,972 96,959
Charitable activities: Preschool Grants - 25,528 - 25,528 23,825
Preschool non-grant
income - 25,625 - 25,625 27,468
Other activities
income - 6,015 - 6,015 15,258
Total - 57,169 - 57,169 66,551
Other trading activities: - - -
Total - - - - -
Income from investments: Interest income 107 160 - 267 301
Dividend income - - - - -
Rental and leasing
income 17,233 - - 17,233 16,694
Other 1,019 - - 1,019 2,052
Total 18,359 160 - 18,519 19,047
Separate material item of income: Donations - Building Project - - - -
- - - -
Total - - - - -
Other: Other - 1,618 - 1,618 3,402
-
Total - 1,618 - 1,618 3,402
TOTAL INCOME 138,331 58,947 - 197,278 185,959
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts) Preschool income (£51,293) and income from other activities (£15,258)
Where any endowment fund is converted into income in
the reporting period, please give the reason for the
conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
**----- End of picture text -----**
## **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** |**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**This year**
**Last year**
**£**
**£**
Preschool LEA
grants
25,528 23,825
- -
- -
- -
**Total** 25,528 23,825
**Description**|**This year**
**Last year**
**£**
**£**
Preschool LEA
grants
25,528 23,825
- -
- -
- -
**Total** 25,528 23,825
**Description**| |---|---|---| |||| ## **Note 5 Donated goods, facilities and services** _There were no donated goods, faciities or services this year or last - Note not applicable_ **Section C Notes to the accounts (cont)** |**Note 6 Analysis of expenditure**
**Analysis**
**Expenditure on charitable activities**
Ministry
Mission - church
Mission - support costs
Mission - Preschool
Mission - Other groups
Other Costs
**Expenditure on raising funds:**
Investment management
**Total expenditure on raising**
**Total**
**Other**
Premises
Office Equipment
Administration
Manse
Sundry
**Total expenditure on charitable**
**Separate material item of expense**
Building Project
**Total other expenditure**
**TOTAL EXPENDITURE**
**Other information:**|**Note 6 Analysis of expenditure**
**Analysis**
**Expenditure on charitable activities**
Ministry
Mission - church
Mission - support costs
Mission - Preschool
Mission - Other groups
Other Costs
**Expenditure on raising funds:**
Investment management
**Total expenditure on raising**
**Total**
**Other**
Premises
Office Equipment
Administration
Manse
Sundry
**Total expenditure on charitable**
**Separate material item of expense**
Building Project
**Total other expenditure**
**TOTAL EXPENDITURE**
**Other information:**|**Unrestricted**
**funds**
**Restricted**
**income funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
20
20
-
40
60
- - - - -
- - - - -
20 20
- 40 60
48,703
-
-
48,703
44,692
12,009
4,381
-
16,390
39,684
12,623
-
-
12,623
12,415
-
44,908
-
44,908
50,276
-
1,368
-
1,368
3,635
-
-
-| |---|---|---| |||| ||**Total expenditure on raising**|| ||Ministry
Mission - church
Mission - support costs
Mission - Preschool
Mission - Other groups
Other Costs|| ||**Total**
Premises
Office Equipment
Administration
Manse
Sundry
**Total expenditure on charitable**
Building Project
**Total other expenditure**|73,335 50,658
- 123,993 150,702
-
-
- - - - -
- - - - -
- - - - -
- - - - -
24,181
24,181
25,719
109
109
618
2,000
2,000
2,400
2,439
2,439
3,267
9,997
9,997
13,513
38,725
- - 38,725
45,517
112,080
50,678
-
162,758
196,279
| ## **Analysis of expenditure on charitable activities** **----- Start of picture text -----**
Grant funding Total prior
Activity or programme Activities undertaken directly Support Costs Total this year
of activities year
£ £ £ £ £
Staff costs 48,703 - 12,623 61,326 57,107
Mission giving - unrestricted - 12,009 - 12,009 11,448
Mission giving - restricted - 4,381 - 4,381 28,236
Preschool costs 44,908 - - 44,908 50,276
Other - 1,368 - 1,368 3,635
Total 93,611 17,758 12,623 123,993 150,702
Prior year expenditure on charitable activities can be
analysed as follows: See above
Within the expenditure items above the following items are Minister's remuneration £48,703 (2019:£44,692), Preschool Costs £44,908 (2019:£50,306)
material: (please disclose the nature, amount and any prior
year amounts)
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** _There are no Extraordinary items this year or last - Note not applicable_ ## **Note 8 Funds received as agent** _There are no Funds rceeived as agent during the year or last year - Note not applicable_ ## **Note 9 Support Costs** _Expenses are not analysed by activity - Note not appropriate_ ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ **Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees Other fees (e.g., fin advice,** **----- Start of picture text -----**
This year Last year
£ £
400 400
0 0
**----- End of picture text -----**
## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** |**11.1 Staff Costs**|| |---|---| |**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**
**Please provide details of expenditure on staff working for the charity**
**whose contracts are with and are paid by a related party**|**This year**
**Last year**
**£**
**£**
84,244 87,032
14,599 11,381
3,658 3,565
330 330| ||102,831 102,308
| ||N/A| ## **Section C Notes to the accounts (cont)** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ **11.1 Summary Table** **----- Start of picture text -----**
Band Number of employees
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to key £48,703
management personnel (includes trustees and senior
management) for their services to the charity
This year Last year
11.2 Average head count in the year
Number Number
The parts of the charity in which the employees work Fundraising - -
Charitable 1.6 1.6
Activities
Governance - -
Other 3.3 3.3
(Preschool)
Total 4.9 4.9
**----- End of picture text -----**
## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**There were no Ex-gratia payments during the year - Note not applicable**_ ## **11.4 Redundancy payments** _**There were no Redundancy payments during the year - Note not applicable**_ ## **Note 12 Defined contribution pension scheme or defined benefit scheme** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ |**Amount of contributions recognised in the SOFA as an**
**expense**
**Please explain the basis for allocating the liability and**
**expense of defined contribution pension scheme**
**between activities and between restricted and**
**unrestricted funds.**|3,658
**The pension contributions relate to the Church**
**Minister and Church Administrator, whose activities**
**fall under Ministry, Charitable Activities, and are**
**unrestricted**| |---|---| **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** ## **13.1 Analysis of grants paid (included in cost of charitable activities)** **----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £ £ £
Grace Baptist Mission 4,000 - - 4,000
Grace Baptist Mission - Drop in camp,
James Hammond, Bibles for Children,
Bagwere Bible project 4,381 - - 4,381
Wycliffe Bible Translation - Bagwere
Bible project 1,000 - - 1,000
AGBC (SE) Home Mission 2,000 - - 2,000
Pilgrim Friends 1,000 - - 1,000
Tear Fund 490 - - 490
Christian Compassion Ministries 300 - - 300
SASRA 175 - - 175
Mission Aviation Fellowship 240 - - 240
United Beach Mission 200 - - 200
Barnabas Fund 540 - - 540
Zatik Orphanage Armenia 435 - - 435
Bible Society 175 - - 175
Caring for Life 175 - - 175
Christian Prison Resources 0 - - 0
Pioneer Camp 200 - - 200
Various Other 1,479 - - 1,479
Total 16,790 - - 16,790
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Material Grants made to institutions - None** **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ **14.1 Cost or valuation** |**14.1 Cost or valuation**||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |||**Freehold land**|**&**|**Other land &**|**Plant,**||**Fixtures,**|**Total**||| |||**buildings**||**buildings**|**machinery and**||**fittings and**|||| ||||||**motor vehicles**||**equipment**|||| |||**£**||**£**||**£**|**£**|**£**||| |At the beginning of the year||2,371,765||413,668||-|70,660|2,856,093||| |Additions|||-|-||-|||-|| |Revaluations|||-|-||-|-||-|| |Disposals|||-|-||-|-||-|| |Transfers *|||-|-||-|-||-|| |At end of the year||2,371,765||413,668||-|70,660|2,856,093||| |**14.2 Depreciation and impairments**||||||||||| ||****Basis**|SL or RB||Expensed in|Expensed in||Expensed in|Expensed in||Straight Line| |||||year of|year of||year of|year of||("SL") or| |||||Purchase|Purchase||Purchase|Purchase||Reducing| |||||||||||Balance ("RB")| ||**** Rate**|||||||||| |||||||||||| |At beginning of the year|||-|-||-|58,290|58,290||| |Additions/Disposals|||-|-||-|-||-|| |Depreciation|||-|-||-|12,370|12,370||| |Impairment|||-|-||-|-||-|| |Transfers*|||-|-||-|-||-|| |At end of the year|||-|-||-|70,660|70,660||| |**14.3 Net book value**||||||||||| |Net book value at the beginning of||2,371,765||413,668||-|12,370|2,797,803||| |the year||||||||||| |Net book value at the end of|the year|2,371,765||413,668||-|-|2,785,433||| **Section C Notes to the accounts (cont)** **14.4 Impairment - Not applicable** **14.5 Revaluation - Not applicable** ## **14.6 Other disclosures - Not applicable** **Note 15 Intangible assets - Not applicable Note 16 Heritage assets Note 17 Investment assets** _**Please complete this note if the charity has any investment assets.**_ ## **17.1, 2 Fixed assets investments (please provide for each class of investment) - NONE** **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 17.3 Investment Properties - NONE** ## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** |**Cash or cash equivalents**
**Analysis of current asset investments**
**Total**
**17.5 Guarantees - NONE**|**£**
**£**
11,867 11,727
**This year**
**Last year**| |---|---| ||11,867 11,727| ||| **17.6 Concessionary loans - NONE - Note not applicable** ## **17.7 Additional information - NO RELEVANT INFORMATION** |**Note 18 Stocks - NONE - Note not applicable**|||||| |---|---|---|---|---|---| |**Note 19 Debtors and prepayments**|||||| |**19.1 Analysis of debtors**|**This year**|||**Last year**|| ||**£**|||**£**|| |Gift Aid||4,000|||4,000| |**Total**||4,000|||4,000| |**_Please complete 19.2 where a material debtor is recoverable more than a year after the reporting_**|||||| |**_date._**|||||| |**19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above) - NONE**|||||| **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |||**Amounts**|**falling due within one**|**falling due within one**|**Amounts falling**|**Amounts falling**|**due after**| |---|---|---|---|---|---|---|---| |||**This year**||**Last year**|**This year**||**Last year**| |||**£**||**£**|**£**||**£**| |**Accruals and deferred income**|||1,600||||| |**Other creditors**|||13,000|13,000|65,000||78,000| ||**Total**||14,600|13,000|65,000||78,000| **(cont)** **Notes to the accounts** **Section C** ## **20.2 Deferred income - NONE - Note not applicable** ## **Note 21 Provisions for liabilities and charges - NONE - Note not applicable** ## **Note 23 Contingent liabilities and contingent assets - NONE - Note not applicable** ## **Note 24 Cash at bank and in hand** |**Note 24 Cash at bank and in hand**|| |---|---| |**Other**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Total**|**This year**
**Last year**
**£**
**£**
100,085
64,736| ||100,085 64,736| ## **Note 25 Fair value of assets and liabilities** |**25.1 Please provide details of the**
**charity's exposure to credit risk (the risk**
**of incurring a loss due to a debtor not**
**paying what is owed) , liquidity risk (the**
**risk of not being able to meet short term**
**financial demands) and market risk (the**
**risk that the value of an investment will**
**fall due to changes in the market)**
**arising from financial instruments to**
**which the charity is exposed at the end**
**of the reporting period and explain how**
**the charity manages those risks.**
**25.2 Please give details of the amount**
**of change in the fair value of basic**
**financial instruments (debtors,**
**creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value**
**through the SoFA that is attributable to**
**changes in credit risk.**|



The charity is not exposed to significant credit risk.
The charity has a low exposure to liquidity risk, with
considerable cash readily available and also access to
various and substantial loan facilities if it so needed them.
The charity has low exposure to market risk, as all its
assets and liabilities are denominated in Pounds Sterling,
and it does not hold any financial instruments that are
subject to fluctuations in their market prices
Not Applicable| |---|---| **Note 26 Events after the end of the reporting period - NONE -** _**Please complete this note events (not requiring adjustment to the accounts) have**_ **Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made** ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U -**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or Purpose and
brought Gains and carried
UR * Restrictions
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
For Preschool
Preschool - General R use only 9,553 51,314 -44,928 0 0 15,939
Held for any
possible
future
redundancies
Preschool - Redundancy R in preschoool 9,995 0 0 0 0 9,995
Held for the
Building
Project to
refurbish the
building and
erect a new
Building Project U hall 0 0 0 0 0 0
Balances held
for various
groups within
the church for
Other Activities R group activity 1,072 1,618 -1,368 0 0 1,322
Amounts
collected for
mission
towards
certain
mission
Special Collections R activities 65 6,015 -4,381 0 0 1,699
0
0
Other funds N/a N/a 2,766,581 138,331 -112,080 0 0 2,792,831
Total Funds 2,787,266 197,278 -162,758 0 0 2,821,785
**----- End of picture text -----**
## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U -**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or Purpose and
brought Gains and carried
UR * Restrictions
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
For Preschool
Preschool - General R use only 8,385 51,474 -50,306 0 0 9,553
Held for any
possible
future
redundancies
Preschool - Redundancy R in preschoool 9,995 0 0 0 0 9,995
Held for the
Building
Project to
refurbish the
building and
erect a new
Building Project R hall 0 0 0 0 0 0
Balances held
for various
groups within
the church for
Other Activities R group activity 1,305 3,402 -3,635 0 0 1,072
Amounts
collected for
mission
towards
certain
mission
Special Collections R activities 13,043 15,258 -28,236 0 0 65
0
0
Other funds N/a N/a 2,764,858 115,825 -114,103 0 0 2,766,581
Total Funds 2,797,586 185,959 -196,279 0 0 2,787,266
**----- End of picture text -----**
## **27.3 Transfers between funds** |**27.3 Transfers between funds**||| |---|---|---| ||**Reason for transfer and where endowment is converted to income, legal**|**Amount**| ||**power for its conversion**|| |**Between Restricted and Unretrictred**||| |**Funds**||| |Between unrestricted and designated||| |funds||| |Between endowment and restricted||| |funds||| |Between endowment and||| |unrestricted funds||| |||| **27.4 Designated funds - NONE _ Note not applicable** ## **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions**_ ## **28.1 Trustee remuneration and benefits** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** _**FALSE**_ _**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or**_ |**David Williams**
**Appointment**
**approved by**
**church**
**members in**
**2012**
**_Please give details of why remuneration or other employment_**
**_benefits were paid._**
**_Where an ex gratia payment has been made to a trustee, provide an_**
**Name of trustee**
**Legal**
**authority (eg**
**order,**
**governing**
**document)**|**Last year**
**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including loss**
**of office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**

45,575 2,798 - 330 44,692
**David Williams is the full time Minister for the church and is paid a commensurate wage, pension**
**contribution and benefits**
**N/A**

**Amounts paid or benefit value**
**This year**| |---|---| ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no**_ **No trustee expenses have been incurred (True or False)** _**FALSE**_ |**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**Accommodation**
**Other (please specify): Admin and IT expenses**
**Travel**
**Subsistence**
**Please provide the number of trustees reimbursed for expenses or**|**TOTAL**|**This year**
**£**
**-**
**1,105**
**-**
**-**
**1,105**|**_FALSE_**
**Last year**
**£**
**-**
**1,682**

**-**
**1**
**1,682**| |---|---|---|---| ## **28.3 Transaction(s) with related parties - NONE _ Note not applicable** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where**_ **There have been no related party transactions in the reporting period (True or False)** _**TRUE**_ ## **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the There are no matters to report.**