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|Contents||
|---|---|
|Reference and Administrative
Information||
|Report ofthe Trustees for the Year Ended 30September 2020||
|Independent
Examiner's
Report to the Trustees ofSlough Baptist Church|12|
|Statement of Financial Activities|13|
|Balance Sheet|14|
|Notes to the Financial Statements|15|
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||||—Unrestricted|—Unrestricted|Funds —|—Restricted|Funds —|Total funds:", ,|Total funds:", ,|
|---|---|---|---|---|---|---|---|---|---|
|||Notes|General|Designated||Endowment|Income|2020||
|||||||||8||
|INCOME AND ENDOWMENTS FROM:||||||||||
|Donations
and legacies
Investments
Charitable
adivities||2
3|208,117
196||||52882|260,9995".":
354 i+a",.
"::";::.'4||
|Other income and endowments||4|14,395||||3,264|„,
17,659,+iw~~««~.||
||||||||||i|
|Total income and endowments|||222,708||||56,500|279,208|PT'|
|EXPENDITURE ON
Charitable
activities
Other||5
8|156,765||40,541|30,683|60,222
6,461|288,21I;'~
6,461~
imp||
|Total expenditure|||156,765||40,541|30,683|66,683|294,672|&4.|
|Net incomel(expenditure)|||65,944||(40,541)|(30,683)|(10,183)|(15,464)|kg-:.~/~~|
|Transfers
between funds|||(44,796)||45,015||(219)|-|.:@+vs,:tvvh;:~arri|
||||21,148||4,474|(30,683)|(10,402)|(15,463)|„=~~,|
|Other Recognised Gains/(Losses)||||||||||
|Actuarial
gains/(losses)|on defined|||||||||
|benefit pension schemes||1|11,040|||||11,040|~pPg~i|
|Net movement
in funds|||32,188||4,474|(30,683)|(10,402)|(4,423)||
|Reconciliation
offunds||||||||||
|Total funds brought forward|||24,255||2,163|855,192|84,488|966,098|I*'-|
|Total funds cerned forward|||||6,637|824,509|74,086|961,675||
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|AS AT30|SEPTEM|BER2020||
|---|---|---|---|
||Note||2020:.:%4"::'k4~ik~"~4.
"',.|
|FIXEDASSETS||||
|Tangible assets|10|||
|CURRENT ASSETS||||
|Debtors and prepayments|11|17,267||
|Investments|12|23,284||
|Bank and cash balances||88,187||
|||128,738||
|CURRENT LIABILITIES||||
|Amounts
falling due within one year|13|13,175|ca~gg~k,@@4;:|
|NET CURRENT ASSETS|||115,563If,:|
|NONNURRENT
LIABILITIES||||
|Amounts
falling due after more than one year|14|||
|TOTAL NET ASSETS||||
|FUND BALANCES||||
|Restricted funds|15|||
|Endowment
funds||824,509||
|Income funds||74,086||
||||898,595.v~';.:-~....|
|Unrestricted
funds|16|||
|Designated
funds||6,637||
|General funds||56,443||
||||63,080 ";i;;v~~'. ~„&&g&~|
|TOTAL FUND BALANCES||||
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|Acciwngng date (year ending)|30|bw 2020|30|mbw 2019|
|---|---|---|---|---|
|Balance sheet liabilriy at start ofyear||E35,074||E37,298|
|Minus deficiency contributions
pad||-E3,358||-E3,528|
|interest cost (recognised
in SoFA)||||E889|
|Remaining
change to balance sheet|||||
|liability' (recognissd
in SoFA)||-E11,040||E415|
|Balance sheet liability at end ofyear||E21,580||E35,074|
|*Ccmpnses any change
in agreed dsfica recovery||plan and change||in assumptions
between year-ends.|
|valued
usin|the followin
assum
tion|the followin
assum
tion|the followin
assum
tion|s set by re|ference to the|duration|ofthe deficit re|covery|payments:|
|---|---|---|---|---|---|---|---|---|---|
|Accoirhglig|date (year eildhrg)|||30se|bw 2020|30|ber 2019|1|ber 201|
|Discount rate|||||(.50'/o||2.(0%||250%|
|Future
increases||to|Minimum|||||||
|Pensionable|Income||||3.(0'/o||3.30%||3.30%|
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||||Total|'**,**i::;;Tgftd;:";|
|---|---|---|---|---|
||||2020||
|Costs incurred
directly on speciTic activities|||||
|Ministry staff|salaries and expenses||79,657|81,228|
|Telephone
and usliTies|||13,479|12,339|
|FaciliTies and|ITcosts||20,184|48,245|
|Depreciation|oftangible fixed assets||41,211|39,895|
|Miscellaneous|expenses||7,369|15,118|
|Grants payable (note 6)|||63,230|50,607|
||||225 130|247,432|
|Costs incurred
on support and||administration|||
|Governance|coals (note 7)||1,984|1,622|
|Support staff|coals and training||52,453|50,763|
|Printing, postage and stationery|||2,020|2,352|
|Insurance|||4,596|4,490|
|Bank charges|||211|217|
|Other support|and administration|costs|1,817|1,714|
||||63,081|61,158|
|Total expenditure
on charitable||activities|288,211|308,590|
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||||Total|
|---|---|---|---|
|Christian
Connections||in Schools|11,139 ';:,;~!",YY|
|Baptist Missionary
Smile Uganda|Society||«)Q
6,151 .;„";,,
:-.«,:;:"
5,677
',i,
'-'";";;,«"„",!::|
|Home Mission Fund||||
|College fees paid|for|Nepali student||
|Christian
Solidarity|Worldwide||3,506.i~~j~;|
|Bulgarian
Support|Fund||3,300 j«'4„',:|
|Frontiers|||3,300 ''i:-.1|
|World Team||||
|World Horizons
London
City Mission|||3,180 ':-„".'' „
3,120'.;:~i'.+'~':s~",|
|Operation
Mobilisation
Embrace the Middle East
The Cowshed|||1,690 '.;;,.ij~«,.««&r
1,432jar, ',"'|
|Open Doors||||
|Increase Association||||
|Bible Society|||780':~e**,**'"-:)|
|Slough Foodbank|||764 '::..'qQQQij~~|
|WATSAN||||
|Tearfund
(including|crisis appeals)||720:,::;;";«@@i++gg|
|Compassion||||
|London 8 Slough|Run|||
|Barnabas
Fund||||
|People In Need Fund||gifts||
|Feed The Hungry|UK|||
|Leprosy Mission||||
|Others|||450'. j::«:'"|
||||63,230;;:,":i'«';i ':.;«(|
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|||||||Total|
|---|---|---|---|---|---|---|
|Advisory|fees|relating|to|Building|Fund||
##
|2020|Ministry|Support|Total|
|---|---|---|---|
||Staff|Staff|2020|
|Wages and salaries|58,164|40,195|98,359|
|Social security costs|3,086|1,858|4,944|
|Pension costs|16,742|10,400|27,142|
||77,992|52,453|130,445|
|Reimbursed
expenses|1,642||1,642|
|Training costs|23||23|
|Total staff costs|79,657|52,453|132,110|
|~ari
Vear
2O&S|Ministry|Support|Total|
||Staff|8~aft|2019|
|Wages and salaries|57,240|39,172|96,412|
|Social security costs|3,735|2,062|5,797|
|Pension costs|16,528|9,486|26,014|
||77,503|50,720|128,223|
|Reimbursed
expenses|3,180|43|3,223|
|Training costs|545||545|
|Total staff costs|81,228|50,763|131,991|
|The average number ofstaif during the year was as follows:||||
|Full time||||
|Part time||||
##
|10.Tangible Fixed|Assets|||Freehold|Computer|Computer|Other|Total|
|---|---|---|---|---|---|---|---|---|
|||||Properties
f|Equipment||Equipment
8||
|Valuation,|1 October 2019|||1,534,147||38,370|183,239|1,755,756|
|Additions|during the year|||||3,719|3,275|6,994|
|Disposals|during the year||||||||
|Valuation,|30September|2020||1,534,147||42,089|186,514|1,762,750|
|Accum. depreciation,
1 Oct.|||2019|678,955||34,852|143,265|857,072|
|Charge for the year||||30,683||1,735|8,793|41,211|
|Depreciation
on disposals|||||||||
|Accum. depreciation,
30Sep. 2020||||709,638||36,587|152,058|898,283|
|Net book|value, 30September 2020
824,509
5,502
34,456
864,467
gg5B'.":"';,'":,.";i"::-"85@~":**.**T-;::vq~448:",:-1-'";",Sg@4":.l'„',.":~.||||||||
|The insurance
reinstatement|||values ofchurch properties|||in 1997were:|||
||Church
building|||1,087,000|||||
||Manse|||120,000|||||
||34Windsor|Road||75,000|||||
|||||||1,282,000|||
|Additions|since 1996:|||||252,147|||
|||||||1,534,147|||
|Church
building
Manse
34Windsor Road
Additions
since 1996:|1,087,000
120,000
75,000
1,282,000
252,147
1,534,147|1,087,000
120,000
75,000
1,282,000
252,147
1,534,147|1,087,000
120,000
75,000
1,282,000
252,147
1,534,147||
|---|---|---|---|---|
|All properties are held in an Endowment|Fund, to reflect the fact that the sales proceeds||||
|are to be spent on capital expenditure|only.||||
|11.Debtors and prepayments|||||
||||Total||
|Income tax recoverable
(gift aid)|||8,316;:~-'-'i"||
|September 2020 furlough
grant receivable|||||
|Uganda
mission flight cost reimbursement||due|||
|Other debtors and prepayments|||||
||||17,267 "-''i;.::;",||
|12. Investments|||Total,,„:.::!,:.'~|,'
2020|-',;-"|
|Baptist Union Loan Fund|||23,284:":i:";-i,":4W||
|13. Creditors: amounts
falling due within one year|||||
||||2020||
|Independent
examination
fees accrued|||1,600||
|Mission Fund collections due to be passed
Rent received
in advance||on|6,026 "„';
400;:i:||
|Baptist Pension Scheme liabilities - current
Other creditors and accruals|||3,225;:,::f'
1,924 .A"||
||||13,175||
|14. Creditors: amounts
falling due after more than||one year|||
##
|icted Funds||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2020|||Opening
Incoming|||Outgoing|Transfers||Closing|
||||Balances
Resources|||Resources|||Balances|
|Endowment
Fund|||855,192|||(30,683)|||824,509|
|Building Fund|||5,139|14,258||(6,461)|||12,936|
|Mission Funds|||10,791|13,844||(7,569)|||17,066|
|Church
Fund|||66,224|11,619||(36,569)|||41,274|
|Cause for the Month Fund|||552|15,785||(15,785)|||552|
|Y@SFund|||45||||||45|
|Coffee Pot Fund|||1,772|354||(257)|||1,869|
|Other restricted|||36|640||42|219||344|
||||939,680|56,500||97,366|219||898,595|
|P~Y2000|||Opening
Incoming|||Outgoing|Transfers||Closing|
||||Balances
Resources|||Resources|||Balances|
|Endowment
Fund|||885,875|||(30,683)|||855,192|
|Building
Fund|||8,139|||(3,000)|||5,139|
|Mission Funds|||7,155|9,893||(6,256)|||10,791|
|Church
Fund|||28,592|84,221||(46,589)|||66,224|
|Cause for the Month Fund|||552|4,411||(4,411)|||552|
|YOS Fund||||45|||||45|
|Coffee Pot Fund|||2,077|796||(1,101)|||1,772|
|Other restricted|||246|10||292|||36|
||||932,636|99,376||S2,332||0|939,680|
|The Endowment|Fund holds all the properties|||owned|by the church.|||||
|The Mission Fund||is used|for collecting donations for||missionary
causes, either specified|||||
|in advance orallocated as determined
later by||||the church members.||||||
|The Church
Fund||is used|for collecting gifts for church|||running
costs. This year the biggest||||
|item ofexpenditure||was F7,440 on resurfacing||the tarmac pathway at the side||||ofthe church.||
##
|tricted
Fu|nds|||||||
|---|---|---|---|---|---|---|---|
|2020||Opening|Incoming|Outgoing|Transfem|Other Gains|Closing|
|||Batances|Resources|Resources||Recognised|Balances|
|General fund||24,255|223,412|(156,764)|(44,796)|10,336|56,443|
|Designated|Funds:|||||||
|Tithe Fund||2,163||(40,068)|44,542||6,637|
|PIN Fund||||(219)|219|||
|Tuesday Break||||254|254|||
|||26,418|223,412|197,305|219|10,336|63,080|
|~PI
Y|2010|Opening|Incoming|Outgoing|Transfers|Other Gains|Closing|
|||Balances|Resources|Resources||Recognised|Balances|
|General fund||34,368|211,063|(178,430)|(41,442)|(1,304)|24,255|
|Designated|Funds:|||||||
|Tithe Fund||||(39,300)|40,803||2,163|
|PIN Fund||||(349)|349|||
|Tuesday Break||||290|290|||
|||35,028|211,063|218,369|0|1,304|26,418|
##
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|sis ofNet Assets between|Funds|||||
|---|---|---|---|---|---|
|2020|Tangible|Bank|Other net|Nonwurrent||
||fixed|balances|current|liabilities|Total|
||assets||assets|||
|General Funds (unrestiicted)|39,958|10,617|24,223|(18,355)|56,443|
|Tithe Fund (designated)||6,637|||6,637|
|Total Unrestricted|39,958|17,254|24,223|(18,355|63,080|
|Restricted Funds:||||||
|Endowment
Fund|824,509||||824,509|
|Church
Fund||44,308|(3,034)||41,274|
|Mission Funds||9,001|1,423||10,424|
|Cause for the Month Fund||3,438|(2,887)||551|
|Building Funds||12,585|351||12,936|
|Coffee Pot Fund||1,869|||1,869|
|Other restricted||(268|7,300||7,032|
|Total Restricted|824,509|70,933|3,153||898,595|
|Total Funds|864,467|88,187|27,376|(18,355)|961,675|
|~Poor Vear 2019||||||
||Tangible|Bank|Other net|Non-current||
||fixed|balances|current|liabilities|Total|
||assets||assets|||
|General Funds (unrestiicted)|43,492|(10,446)|22,671|(31,462)|24,255|
|Tithe Fund (designated)||2,163|||2,163|
|Total Unrestricted||(8,283|22,671|(31,462)|26,418|
|Restricted Funds:||||||
|Endowment
Fund|855,192||||855,192|
|Church
Fund||67,751|(1,527)||66,224|
|Mission Funds||9,235|1,557||10,792|
|Cause for the Month Fund||990|(438)||552|
|Building Funds||5,139|||5,139|
|Coffee Pot Fund||1,772|||1,772|
|Other restricted||176)|185||9|
|Total Restricted|855,192|84,711|(223||939,680|
|Total Funds|898,684|76,428|22,448|(31,462)|966,098|
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||||||—Unrestricted|—Unrestricted|Funds—|Funds—|—Restricted|—Restricted|Funds—||Total|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||General||Des|nated|Endowment||Income|||||
||||||2020|E
2019|P.
2020|E
2019|E
2020|6
2019|6
2020|6
2019|8
2020|k.~~:"||
|Incoming
Resources||||||||||||||||
|Incoming
resources|from|generated||funds:||||||||||||
|Voluntary
income|||||208,117|201,129|||||52,882|97,590||||
|Investment
income|||||196|234||||||||||
|Incoming
resources|from|charitable||activities|||||||354|798||||
|Other incoming
resources|||||14,395|9,700|||||3,264|990|17,659|'ry'„~||
|Total Incoming
Resources|||||222,708|211,063|||||56,500|99,376|279208,||„r|
|Resources expended||||||||||||||||
|Cost of generating|funds|||||||||||||||
|Charitable
activities|||||156,765|177,897|40,541|39,939|30,683|30,883|60,222|58,649||||
|Other expsndaure|||||||||||6,461|3,000|6461|Rtt'||
|Total resources expended|||||156,765|179,319|40,541|39,939|30,683|30,683|66,683|61,849|294,672|T,||
|Net Incoming/(outgoing)
transfers
between
funds||resources||before|65,944|31,744 (40,541)||(39,939}|(30,683)|(30,683)|(10,183)|37,727|(15,463)t'0~~|||
|Transfers||||||||||||||||
|Gross transfers
between||funds|||(44,796)|(41,442)|45,015|41,442|||(219)|||||
||||||21,148|(9,698)|4,474|1,503|(30,883)|(30,683}(10,402)||37,727|(15,463)|A.i||
|Other Recognised|Gains/(Losses}|||||||||||||||
|Actuarial
gain/(loss)|on defined||benefit|||||||||||||
|pension schemes|||||11,040|(415)||||||||||
|Net Lnovement of|Funds||||32,188|(10,113)|4,474|1,503|(30,683)|(30,683)|(10,402)|37,727|(4,423)|mme++||
|Reconciliation of|Funds|||||||||||||||
|Total funds brought|forward||||24,255|34,368|2,163|660|855,192|SL5,875|84,488|46,781|986,098|n„||
|Total funds carried forward|||||56,443|24,255|6,637|2,163|824 509|855,192|74,086|84,458|961,675|i.||