CASTLEHOLD BAPMSTCHURCH
Registered Address
High Street.
Newport,
Isle of Wight.
P030 IBH
Registered Chartty No 1133748
Trustees
Revd Adrian Redfearn- Minister
Gordon Ainger- Secretary
Michael Charlton - Deacon
David Thornton
Revd Nigel Cox- Treasurer
Gail Duke
Katie Charlton
stsff
Young Peoples and Childrerf5 Worker:_
Administrator=_ Mrjohn Bastin
Mr. Isaac Sullivan
Property Trustees
The Baptist Union Corporation Limited Baptist House
129 Broadway
Didcot
Oxfordshire OXII 8RT
Bankers
Natwest plc St. James Square, NewporL I. W. P030 1 UT CAF Bank Ltd.
Independent Examlner
Mrsjean Porter
Annual Report for2021122
The trustees present their Annual Report and financial Statements for the year ended March 312022
Charitable Objert
The Charity is governed by an Approved Governing Document which states that the principal
purpose of the Church is the advancement of the Christian faith according to the principles of the
Baptist denomination. The Church may also advan￿ education and carry out other charitsble
purposes in the United Kingdom andlor other parts of the world.
The Church occupies premises which are held by the Baptist Union Corporation Ltd as holding
trustees. on Trusts which are entirely compatible wwth the above object.
Or8anlsatlonal Structure and DetlslOn-Makl￿ Processes
Membershi
Baptism by immersion upon personal profession of faith 15 the normal mode of entry
into the membership of the church. Persons seeking membership who have not been baptised in the
manner described may at the discretion of the Church Members, Meeting be accepted for full
membership based on their own public profession of faith.
Decision Makin
Proces5. The members meeti￿ nomialty tskes place six times per year and has
responsibility for the overall all policy of the church. In accordan￿ with the Constitution. the

members appoint nine deacons, who together with the Minister. Church Secretsry and Treasurer
Iwho are also appointed by the Members), and collertively known as the Diaconate. are responsible
for the day to day running of the church's work and witness. and the financial and legal aspects of
the charity. All member5 ore encouraged to tske an appropriate part in the spiritual and practical
tasks involved in the furtherance of the charitable objective. Relevant matters may be submitted to
the Church meeting by the Trustees for guidance. or may be raised by members in Church meeting
for further consideration by the Trustees. Though the Constitution permits decÈsions to be made at
Church meetinE5 by appropriate majoritie4 the Church seeks to work by consensus wherever
possible.
Afflliatrons
The church is in membership with
The Baptist Union of Great Britain
The Southern Counties Baptist Association-The Island Baptist Fellowship
The Evangelical Allian￿.
Oblertlve5 and Artl¥ltles
In order to achieve the principal objective which is set out above, the Church provides a variety of
activities both to Its membershlp and to the community generally. The church's focu5 is set out as:
"Reachin8 Out to people, enabling them to become followers of Jesu5 Chris
The Church hold5 public services of Christian worship on Sunday momings SUPPOrted by a varied
music group. There is an artive and busy Sunday school, Girls Bri8ade, parent and toddler group,
young people's artivities, men's 8roup. weekfy house 8roups and re8ular Alpha courses. Details of all
church activities are available throu8h the church website at www,ca5tlehold.com. Castlehold
Baptist Church continues to support the work of Revive Newport.
The Church has adopted a safeguarding policy based on the Baptist Union 'Safe to Grow guidance to
churches" that all people working wlth chlldren are appropriately vetted wlth re8ard to the Criminal
Records Bureau.
The church has ￿ad the Charlty Commission guidance on public benefit, and is satisfied that the
activities outlined above clearly demonstrates that the charity is providing a benefit to the public.
Athlevements and Perf0m￿nCe
The advent of the covld virus at the very beginning of the year had a major impact on the Ilfe of the
church, meanin8 a ￿SSatIon of many of the"fa￿ to face" activities. A major learniTh3 cubve ensued
in which techno108V took a key place, with online live and recorded streaming of services which were
available to the general public. Small group meetin85, trustee's meetings and many young peoples,
artivities took Pla￿ via zoom or google meet as well.
During this time Isaac Sullivan, our children's & Youn8 People's worker. adapted his work
considerably. He kept in touch with the them by e mail and phone- and likewise kept in touch with
their parents. As well as providing mid-week meetin85 via Zoom. he also provided learnin8
sources to be completed at home in preparation for Sunday morning Zoom meetings. All of this
was a challenge as the children & youn8 people. were also being schooled via Zoom and did not wish
to engage with other on-screen meetings so often.
With the arrNal of Covid and the subsequent lockdown. the pastoral needs of the church thanged
rapidly. Under the format of a new "Family Matters" team we ensured that the vulnerable and
elderly received any financial and food provisions that were needed. This often involved some in the
church delivering such provisions to the door of those in need. "Your quicker than Sainsburvs" was
one compliment received. Although we do not envisage the Family Matters team continuing
indefinitely, we do envisage the Pastoral Care team developing this area of ministry in addition to
their spiritual and emotional wellbeing.

The weekly Tuesday in depth Bible study continued usirE Zoom which provided a further
opportunity for fellowship and friendship.
A new house group was ft)med via Zoom. serving a similar purpose to the Bible studies and it is
antiapated that this will continue as we emerge from lockdown.
To help everyone feel connected, a weekly new bulletin about church matters was sent to everyone.
As well as this. a weekly "fun sheer of puzzles and wordsearches for adults was sent out and it is
anticipated that Sofne of this will continue post"lockdown°
A large amount of vmrk went into creatin& developing and maintsinin8 a new thurch web site. This
will continue to be developed in the future providing another very detailed source of information
not only to the church. but also to the general public.
During this time discussions have begun as to how we can help the wider community who may well
be in debt or other forms of need. The aim is to develop. through links with Christian 4gainst
Poverty ICAPI a money management course. Discussion also began on an ecumenical basis about
broadenin8 this to include a debt centre and life skills courses.
Reserve5 Pollcy
The reserves policy continues to be that a reseThe of £I0.(x￿ should be maintained rf possible.
Flnanclal Review
sIn￿ fom)ally taking on the role of treasurer in September the last 9 month5 have been a very busy
time with final accounts for 2019120& 2020121 to complete. as well as overseein8 a change to
SV5tems whereby Barbara Creighton stepped down from doing the book keepin8 and John Bastln
took over that responsibility using QuickBook5. Thank5 are due to Barbara for her work and also to
Guy for keeping giving oversight to the day-ttrday finance during the period without a formally
elected treasurer. Ruth Bayharn continues to hold restM)nsibility for Glft Ald returns and Becci Bell
continues to administer the payroll.
The final accounts as presented are still to be independently examined. something that will be
completed once the independent examination of the final accounts from 2019120 & 2020121 has
been completed.
We started the year with a cash balaft￿ of £33.763. This reduced at the end of the year to £32,272
a deflcit of £1491. Once the givin8 for the church refurbishment is taken into account. the income
for thi5 year shows a slight increase on last year which reflects the fact that we were once again
meeting in person for the second half of the year.
Overall costs have increased. but again this is largely because. On￿ we stsrted meetin8 again.
church costs increased. We have also begun to feel the effert of increasing costs because of
inflation.
The largest part of our costs is the stipend and salary for Adrian & Isaac at 60% of our total
expenditure. These reduced with Isaac's departure in August. if the church is commltted to
employing a new youth & families worker, serious consideration will have to be given to increasing
the income as the present level of income will result in a deficrt budget which cannot be addressed
by tightening the expenditure. The next largest is 15% on church upkeep lutilities. cleaning and
building maintenance. This represent an increase on last year driven by 3 factors a) repair &
renovation to Kitchen equipment to enable Complian￿ with Gas safety. b} Fire alarm systems in
need of improvement to compty with current legislation. cl an increase in insurance costs partly
resulting from the extra insurance needed while 18 Priorfs Walk is empty and inflation related

Administratton costs represent 12% and the slight ir￿reaSe on 2020121 is again the o)nsequence of a
return to face-to-fra￿ meeting.
The drop in direct mission giving is largely accounted for bythere being no gift5 for Uzima this year.
The finances of the church remained healthy and the slight deficit is essentially the result of fee5 and
surveys related to the decision to sell 18 Prioes Walk and Avondale Road. When that process
together with the purchase of a new Manse is completed Ireport on progress to follow) there will be
a surplus which will enable us to recoup those costs. As reported earlier, the budget for this year
will show a deficit which the bank balances enable to be serviced. However, this is not a situation
which can continue if the church is to finance all its activitrs.
The two key issues facing the church in the next year is identifying a suitable treasurer to tske over
from me and addressing the bud8et deficit issues.
The Trustee's ￿port was approved by the Board of Trustees on the 7th November 2022
Chairman
Trustee & T￿aSurer
Revd Adrian Redfearn
Rev Nrdel Cox

CAsfLEHOLD BAPTIsf CHURCH
FINANCIAL sfATEMEKf FOR THE YEAR ENDED 31 P4ar¢h 2022
GENERAL RECEIPTS & PAYMEiif ACCOUNT
2021122
2020121
Re￿Ipts
Weekty offerirgs
Regular Grving and other
I￿ome tax reC(Ner￿ on grfts
Confidential FuThl
Rents and contrlbutiors for use of pyenwses
Donations & Legaaes
Building Fund
Sundry Encome
Total Re￿Ipts
11775
52,0
16,573
2,410
66,415
8,125
10,971
878
14,808
3,050
12,090
2,856
95,327
106.898
Payments
Mlnlstry
Mission & Outreach
Upkeep of church premlses
Youth Work
Admlnlstration
Refurbishments
Loan Repayment
Other Profewonal Servlos
Sundrtes
Training
Volunteer Exper￿eS
Felbwship Fund
Total Payments
65,045
5,206
12,781
2,534
14,612
I,iio
11,622
10,025
21,257
10,0
639
383
i￿)
96,838
I24￿14
Net receipts l (payments) for the year
(1511)
(17rt16)
Cash balance at previous year end
Cjsh balance at current year end
33,763
252
51,179
BUILDING REFURBISHMEpif FUND RECEIpfs AND PAYMEPnS ACCOUNT
2021122
2020121
Receipts
EonatÈors ar#J Irmne
Income tsx rther&l on gifts
Bank Tnterest
Total Receipts
12,0
Payments
Repairs
Improvements
Totsl Payments
21,257
21,257
Net pa￿ents for the year
9167
Transfers (to) l from fabric fund
Cash balan￿ at wevious yoar end
Cash balan￿ at current year end
6,321

2021122
13932
13932
Balan￿ Blfvld
Transfer to General Furnl
Balano Clfwd
2021122
MARRIAGE C￿RsE FUND
Bala￿e Blfwd
ExpeThditure
Balano Clfwd
256
256
256
GENERAL FUND
Batar￿ Blfwd
Net Receipts (Payments)
Total
From FurvJ5
Balan￿ Clfv
2021122
19,575
(1,511)
24,967
{17416)
7,551
31,996
19,575
STATEMENT OF ASSEfs AND LIABILrrES AT 31" MARCH 2022
2021122
Bank a￿1 other cash balarKes
Petty Cash
29
31252
RepresentirwJ on fdkwilrKJ furmts
Ger￿ra1 Fur#J
Marrlage Course FurKI
Legacy FuThd
BuihdirKJ Refurblslun•* FUTh
31,
19,575
256
13,932
256
Total
31252
33,763
Llabllitles
Per￿10n SJ*me LiaLxKty
Inland RevenL
Total Liabiliti
io
20,T15
23A72
20,072
acmunts a￿1 ststeff*rt CA assets arnl liabillt*s set (xrt on pajes l & 2 rdatlrNJ to ttE year eTrJiThJ 31
March 2022 are as approval ty the de￿.
sIg￿￿. (Treasu ,
[Date]

NufES TOTHE Accourirs
I, Basls of acc4Junts
133 Charities kt 2011.
l Regular giving and other income
2021122
35752
16314
2020121
Gift Aided givlr#J
General GivirKJ
Other irmme [£*tJTlrfn*ri
Total Donatlons and Other Inc(the
66h15
3. Donatlon$ & LegJde%
2021122
421
io
162
250
35
878
2020121
Tear Fu￿1
Bags for Camimxjla
Chrlstnws Glfts
Sundry
Totsl
3050
4. Mlnlstsy
2021122
46,7YJ
9.162
1,765
176
5,927
2020121
49,407
7,972
1,706
214
5,746
Salartes & N.I.
Perston contrfbutk)n
Mlnisterfs
Pulplt supplles
Manse costs
Other mlnistry
Total Mlnlstry
65￿5
The Mlnlster acts as or* of the church's trust￿ arKI remuwatTh arKI 0￿r iEnefits in respect
of his as Mlnlster, I￿[￿lI1￿j ￿ kww'slon of rrortse accomnx%ktb)n ovmed by the churth. The
church also employ5 a full tlrre yO￿tt Worker wt#) IM5 KCOm￿on

5. Mission & Outrejth
2021122
2020121
BMS
YFC
Tearfund
operati￿ Mobilisation
Go Card
Uzlma
Gideon
Cap Mo
Hope
587
421
700
300
31
299
Sundry
Totsl Mission
1534
5.206
6. Upkeep of church premlsas
2021122
3942
2275
2782
2879
2020121
4,299
2,107
2,612
1,650
749
1,264
Ic
Ughtlng arwj I￿tINj
Cleaning
InsurarKe
ReFolrs and malrtenarKe
Cowd Costs
Other premises inswarKe
Equlpment
Sundry
650
I4￿12
14781
7. Admlnlstratlon
2021122
390
2020121
Bank Charges
Bwk KeepirKJ
CateriThJ
Web Ste
mIs￿lIan￿uS
Stationery & P
Telephone & Brc4id BaThJ
PTintirvJ
Ltcenses
Photcropler
Sundri&s
275
173
273
31J)
1300
542
1173
257
59
5578
1164
293
Substhk*
399
Totsl Athnin & Offlce Costs
11,622
10,025
8. Assets Held for the Churth's own use
The thurth is the ter￿da1 (SUb￿t to the reknrrt tr￿) c* ts folknviThJ ass￿ the ￿1 title to
which is held by thurch's custcdian tnEtee [trE Battst Urion CorrAyati￿ Ltd]:
Chwth pren¥ses at High val￿1 in tr* a￿OUnts at £3,694,493 based on insured
dlue
Churth manse at 7 Avorxlale Road In tre £270,955 b￿1 C￿ iTtswed value
)p p￿￿Se5 at 834 Flgh SW Newtt¥t in the ￿YINjrts at £425243 bas￿ on irsured
val

thurch also OW[￿ fiX￿re* fumiture with ￿ i￿￿ed value of £166,849
9. Pension sthe￿ Liabiliti
The Church is a participats'rKJ en*w Baw gjvne vthlch is a separate
legal entity adMinIster￿ by the Pen&on Tr￿ (Baptist Pension Tnst Lim1￿1). Tr assets of the
are held separatdy from ttK6e of ttE Emth arnl otl*r Pafbc1F￿[¥j empl￿5.
The ￿l￿rne, pre410￿ty knNn as BaOEt Minist￿￿ Pu6ion Rnj, stsrted in 1925, Ixk was dosed to
future accrual ofdefTrr￿d teneffts on 31 t)92mber 2011. PrKYto ttis date the main pmvkled through
the Defined Be￿t (DB) Plan was a w6ion of ￿gIttEth of final mininN¥n penSi(Th￿e I￿1)me for eath
year of pensionable wvitr tCget￿ wtth ￿k11t10￿¥ pe￿IOn in of premiums paid Pensiorkible
[r￿me in excess of Minimum Pensronable l Janl￿ry 2012, beneftts have b*n pro￿ded
through a Defir￿ cnntr1tMrt￿ (DQ Plan.
A forn￿1 valuatlon (rf DB Plan as at 31 D&enthr 2019 by a wctssbjwlty q￿lIfied Act4kiry uslng tr
Proierted Unit Methjd. At the Wdluation date the market value (rf the DB Plan assets was £298 m111￿n,
whilst the t￿1 of assets r￿￿1 to pay berth was £316mi gMNJ a deficit ￿ £18m (￿￿1Valeftt to a F*3St
Servi￿ futxllng of 94%). The Church aThJ the other partKI￿tI￿ In DB Piin are
collettlvely res￿nsIble for fundlNJ thls ddldL The neXt￿t￿￿rtaI Va￿V)n of DB Plan vAthln
Is due to tske Pla￿ not later tNin as at 31 DeCern￿ 2022.
u￿ler the Sthedule of c(thbUEfc￿, ￿ thurch makes a monthly paynkmt In restett ()f DB Sd￿rne
defld¢ Current￿ £407.35, whlch wlll I￿r&￿se in Ilre with Incr&w in Minirnum Pe￿IonaL￿e ITrJ)me. The
sc￿ule of contribut￿n5 fores￿5 cortiibutmys oyrtÉnuifMJ w*il j￿)e 2026. The persion s(then
liaLM'lity shown in ￿ Stste￿ent crf Assets aTrJ liatx'libes is cakm1a￿J as the (urrent rate muibplled
by the numter of months re￿31n1Thj in ￿Trent thdule of ContributpJr6, which anK)unted iD
£20,774.85 as at 315t March 2022
Ilaillltie5 at 31* Marth 2021 Is £13,7(Kl

Report of the Independent Examinerfs! +0 t17e TTUS+ry5 of C rt s fLErt¢LD A4efisf L+ttsLCH
On the accounts for the year ended Pi
202L
audit 15 not rquired for this year UFKIW 144 of the Charits P£t 2011 (the Charfties Act) and that an
independent exam1r￿￿C￿ 6 ne&d.
It is my respThs¢bttlty to:
examine the accounts un(kr sattic￿ 145 of Charfties
to fotlow the pr￿lUreS latd down in the gthal Dk&tly6 g1￿ by Clkyity Commtsskffi (UFMler settlon
145(5)(b) of the ChaFknes Ad, afKI
My examination was camed ￿t in accordarre Thilh DireLtlorts gTven by the Charty Commlsslon. An
examination includes a review of the recr￿5 kept Lry the chwth and a comparson of the accounts
presented Yith those record& It also indudes any unugpl itans (x dlsd05ures In the accounts and
seekiw explanations from the tr￿ee5 corttrring any mattw& Tr prrnlv￿ UFKlertaken do not provltie all
the eVIden￿ that would be requireil in an awhl no opin1c￿ is glven as to whether the accounts
present a Irue aTha Pdlrf view and the rewt is to thc6e mattws set (xrt in the stateM￿t below.
Independ
mlnerfs sta
Sin
come exceeded
confirni that l am
Itsted W], whi
urch's
mifw m
rofa
isted in
rrwnber of
n £250,CM)O
2011
appll
because
named
n connectton wlth my ermlnatton, rm) materfal matte15 come to my attathn whkh ffts me cause to belleve
that in. any material respeLt.
aC￿UntIng rem￿$ were not kept In act￿n￿ wlth stttlcffl 130 of the Charlues Att or
the accounts do not CoM￿Y wlth the applicable Nuiremerts cC￿1r￿j the fcKm and content of accounts set
out in the CharltEes (Acctyjnts arKI Rqy)rts) Regul&Kx)$ 2008 other than any requirement that the accounts
glve a Yrue and falr vtew whKth Is Mt a matter c0Th9dered as ￿ of an Irtya)dent exarnination. (If
to enable a [￿Oper und8*ndlro of the acccwnts to be
*Delete t1￿ words in U￿b￿kets￿￿WdQ
Sgned by or on t*half of the Examll
16-12_Zo22
Relevant Prefe59￿￿1 Qualifiotlorfs) or tx￿ (rf any
26 vi&J
r￿f)
Po28 3LL
Page 7