1 Southside, Weston-super-Mare, BS23 2QS – 01934 419387 Affiliated to The Evangelical Alliance _**Registered as a Charity in England and Wales No. 1133730**_ ## TRUSTEES’ ANNUAL REPORT # FOR CHARITY COMMISSION YEAR END 31 JANUARY 2021 The objects of the charity are the advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Weston-Super-Mare and the surrounding neighbourhood. These objects have been pursued over the past year. The church has continued to hold services of worship every Sunday as permissible by Covid-19, which have included preaching and/or Bible teaching, but the usual age-related activities for children and youth have been temporarily suspended. All of these meetings are open to the general public, whom we have regularly invited by means of a leaflet campaign and press advertisements. Happy Tots nursery activities have continued to be held when legally permissible and promoted in the immediate neighbourhood of the church. The church has maintained its support for church work in Albania and now also supports a child in Honduras through Compassion UK. (CN in England 1077216) ## Signed by the Trustees Malcolm Pitt David Wederell Michael Haines Ruth Perkins Michael Board Tony Soar **24 September 2021** ## **BRISTOL ROAD BAPTIST CHURCH, WESTON-SUPER-MARE** Registered as a Charity in England and Wales No. 1133730 ## **INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2021** ## **GENERAL FUND** ## **INCOME** - **INCOME EXPENDITURE** - _2019/2020_ 2020/2021 _2019/2020_ 2020/2021 **MAIN INCOME** - _£ 29,249.09_ Offerings for General Fund £ 25,260.74 _£ 7,239.01_ Pastoral Costs £ 3,174.95 _£ 2,284.00_ Gift Aid -Freewill Offerings (2019) £ 3,597.85 _£ 3,143.00_ Missionary Causes £ 3,350.00 Gift Aid -Freewill Offerings (2020) £ 3,587.17 _£ 4,463.15_ General Expenses £ 4,215.92 Direct Missionary Offering £ 300.00 _£ 2,368.83_ Manse £ 1,669.47 - _£ 5,470.00 Donations for kitchen refurbishment £ 5,760.46_ Fabric, equipment, maintenance £ 4,022.42 _£ 1,146.91 Personal Donations for General Purposes £ 2,539.52_ Energy - Gas and Electric £ 2,039.65 _£ 12,000.00 Personal Donation £ 4,761.25_ Church Insurance £ 4,817.21 _£ 2,000.00 Gift Aid - Communal Building Donations £ 30,440.14 Kitchen refurbishment £ 762.50 Gift Aid - Kitchen donations £ 52,912.50_ £ 32,745.76 **OTHER INCOME** - _£ 15,000.00_ Gross rent - letting of manse £ 15,000.00 £ 2,295.00 Gross rent - Lower Hall - N.Somerset DC £ 495.00 _£ 23.73_ Gross Interest -Lloyds PLC £ 24.47 _£ 4,632.02 VAT recovered from LPWS re kitchen work £ 1,485.45_ Other Income £ 1,235.90 _£ 15,633.34_ Excess of Income over Expenditure £ 26,211.51 - _£ 76,348.70_ £ 49,501.13 _£ 76,348.70_ £ 49,501.13 1 ## **BRISTOL ROAD BAPTIST CHURCH, WESTON-SUPER-MARE** ## **Registered as a Charity in England and Wales No. 1133730** ## **FINANCIAL REPORTING COUNCIL - SECTION 28 DISCLOSURE REPORT EMPLOYER; BRISTOL ROAD BAPTIST CHURCH (WESTON-SUPER-MARE)** ## **PENSIONS SCHEME; The Pensions Trust - Career Average Revalued Earnings ("CARE") Pension Scheme** The church participated in the scheme (but see below) , a multi-employer scheme which provides benefits to some 41 non-associated employers. The scheme is a defined benefit scheme in the UK. The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pensions schemes in the UK. ## **The Trustees of the "Care" scheme decided in March 2015 to close the Scheme to any further build-up of benefits with effect from 31 March 2016.** This decision followed an Actuarial Review and a Consultation with participating employers. The Care Scheme continues on a "paid-up" basis which means that employers continue to pay the required recovery plan payments to repair the funding deficit in respect of accrued Past Service Benefits . When a participating employer withdraws from a multi-employer Defined Benefits Scheme (like the "Care" scheme) it must, by law, pay a debt representing its share of any deficit. This is known as the debt on withdrawal. As at 30 September 2019 the estimated debt for Bristol Road Baptist Church has been calculated to be £25,813. The next review and valuation will be in 2022. **A Revised Recovery Plan has been drawn up by the scheme trustees to run from 1st April 2021 until 30 September 2027** ; the church as an employer is required to make a Recovery Payment. The BRBC deficit contriubution is £872.77 pa, with an additional payment covering Scheme Expenses of £96.26 pa. (Note the Recovery Plan payments remain payable by the church for the duration of the Recovery Plan irrespective of whether the church has any employees or not ) ## **THESE ACCOUNTS WERE PREPARED BY THE CHURCH TREASURER AND MANAGING TRUSTEE DAVID WEDERELL ACII** _D R Wederell 1 February 2021_ ## **EXAMINER'S REPORT** I have examined the Income and Expenditure Accounts for the Year ended 31 January 2021 with the records and supporting documentation and in my opinion the Accounts give a true and fair view of the Finances of Bristol Road Baptist Church as at 31 January 2021 and its operating profit for the year then ended. ## **Arnold Jennings, 12 The Pennings, St. Marys Street, Axbridge, Somerset. BS26 2BN** |_A Jennings_||_11-Mar-21_| |---|---|---| ||3||