2022-09-30-accounts - Slough Baptist Church

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Contents
Reference and Administrative Information
Report ofthe Trustees for the Year Ended 30Sep 2022
Independent Examiner's Report to the Trustees ofSlough Baptist Church
Statement of Financial Activities	12
Balance Sheet	13
Notes to the Financial Statements	14

world. It is affiliated to the B Evangelical Alliance. Charity Status	aptist Union ofGreat Britain and	aptist Union ofGreat Britain and	is also a	is also a	member ofthe
The charity was registered	at the Charity Commission on 26		January		2010with the charity
registration number 1133760.Address 8 contact details:
34 Windsor Road		htt://www.	slou hba		tistchurch. or .uk
Slough		01753523058
Berkshire, SL1 2EJ		mailto:office		slou	hba tistchurch. or .uk
Trustees
Mrs D Ayoma		Mr M Ngwenya
Ms A Callum (from January 2023)		Ms A Robinson	(until December 2021)
Mr D Curley		MrJ Shepherd
MrJ Edwins		Mr A Tarrant
Mrs EFraser		Miss C Taylor
Rev D Howell		Mr M Taylor (from		January 2023)
Mrs JJones		Mr JTettelaar	(from January 2023)
Mr E King (until December	2021)	Mr M Warren
Ms L Longman		Rev K Wilson	(from 12		September 2022)

										"
				—Unrestricted		Funds —	—Restricted	Funds—	Total funds
			Notes	General	Designated		Endowment	Income		u
INCOME AND ENDOWNIENTS		FROM:
Donations and legacies			2	224,396				24,815	249,211
Investments				238					238
Charitable activities Other income and endowments			3 4	9810				179 300	179,„ 10,110"4
Total income and endowments								25,294	259,738,,
EXPENDITURE ON
Charitable activities			5	162,188		36,828	30,683	43,820	273,520	lr3et
Other			8
Total expenditure				162188		36828	30683	43,820	273,520	i
Net income/(expenditum)				72,256		(36,828)	(30,683)	(18,526)	(13,781)p e
Transfers between funds				(48,495)		46,868	4,627	(3,000)	-	~j,'~!~'$w":gQ'g,'
				23,761		10,040	(26,056)	(21,526)	(13,781).
Other Recognised Gainsl(Losses)
Actuarial gains/(losses)	on	defined
benefit pension schemes			1	16,036					16,036	4L'.i„,'i, r
Net movement in funds				39,797		10,040	(26,056)	(21,526)	2,255
Reconciliation offunds
Total funds brought forward				71,164		9,228	793,826	61,992	936,210r4.
Total funds camed forward				110,961		19,268	767,770	40,466	938,465	s '

	AS AT30	SEPTEMBER 2022	SEPTEMBER 2022
		Note		2022	rpgg~w9*h4p@i~"=,
FIXEDASSETS
Tangible assets		10
CURRENT ASSETS
Debtors and prepayments		11	16,237
Investments		12	23,551
Bank and cash balances			106,132
			145,920
CURRENT LIABILITIES
Amounts falling due within one year		13	7,737
NET CURRENT ASSETS				138,183,&~';~&~~, -,.
NONNURRENT LIABILITIES
Amounts falling due aRer more than	one year	14
TOTAL NET ASSETS				938,465,„p~~~„ tssh
FUND BALANCES
Restricted funds		15
Endowment funds			767,770
Income funds			40,466
				808,236.
Unrestricted funds		16
Designated funds			19,268		s'i.r
General funds			110,961
				130229'lt;:;,'u, "		~
TOTAL FUND BALANCES

Accounting date (year	ending)		30	ber 2022	30	2021
Balance sheet liability at	start ofyear			618,958		E21,580
Minus deficiency contnbutions paid				4:3,113		Z3,225
Interest cost (recognised	in SoFA)			F191		F299
Actuanal (gains)/losses on		re-
measurement ofliability	(recognised	in
SoFA)				&16,036		6304
Balance sheet liability st	end ofyear					618,958
The liability represents the present value			ofthe	deficit contributions	agreed as at the accounting				date and	has been
valued csin ths fofiowin	assumptions		set b	reference tothe duration		ofthe deficit recove		payments:
Accounting data(ytmr	eading)		30	mbsr 2022	30	setter 2021	31s		ber	20
Discount rate				6.5%		1.1%				1 5%
Future increases to Minimum
Pensionable Income				0.0Ao		3.9do				3.1%

Costs incurred directly	Costs incurred directly	on specific activities	on specific activities
Ministry staff	salaries and expenses			50,517	77,907
Telephone and utilities				13,873	10,623
Facilities and	ITcosts			38,698	14,516
Depreciation	oftangible	Rxed assets		38,554	41,760
Miscellaneous	expenses			12,595	6,235
Grants payable (note 6)				53,057	53,206
				207,294	204,247
Costs incurred on support and			administration
Governance	costs (note	7)		1,980	1,910
Support staff	costs and training			54,935	53,944
Printing, postage and stationery				1,772	933
Insurance				5,396	4,663
Bank charges				385	157
Other support	and administration		costs	1,758	2,007
				66,226	63,613
Total expend	iture on charitable		activities	273,520	267,860

payable
				Total
				2022
Christian Connections		in Schools
Bulgarian Support	Fund
Baptist Missionary	Society			5,313Pww"
Home Mission Fund
Frontiers				3300 4441
World Horizons
London City Mission
Smile Uganda				2	o2'z, ppp~~~~
Mission trip support
Bible Society				1,517::,5Q"			'tpf	jg~
Christian Solidarity	Worldwide			1,360",~Y:,
Operation Mobilisation				1,266 ~~t~~~
Baptist Union of GBChristmas			appeal					s, ~
Slough Refugee Support
Church on the Street
Slough Foodbank
WATSAN					744
Tearfund					720
Compassion					672
It's Your Move books					600
London &Slough Run					490
People In Need Fund		gifts			437
Leprosy Mission Embrace the Middle East					29.f'"
World Team
South Asia Concern -		oxygen	appeal
Thames Hospice
Spurg cons
Hayat Ministries
Unicef UK
Open Doors
Others					759
				53,057:&P		-,

ee and Related Party Informatio	n
2022	Ministry	Support	Total
	Stafff	Staff	2022
Wages and salaries Social security costs Pension costs	34,625 2,041 8,831	42,144 1,687 10,993	76,769 3,729 19,824
	45,497	54,825	100,322
Reimbursed expenses Training costs Total staff costs	5,020 50,517	80 30 54,935	5,100 30 105,452
Prior Year 2021	Ministry	Support	Total
	Stafff	Staff	2021
Wages and salaries Social security costs Pension costs	57,133 3,230 16,698	41,262 1,906 10,764	98,395 5,136 27,462
	77,061	53,932	130,993
Reimbursed expenses Training costs Total staff costs	841 5 77,907	12 53,944	841 17 131,851

10.Tangible Fixed	Assets			Freehold	Computer	Other	Total
				Properties	Equipment	Equipment
					E	p
Valuation,	1 October	2021		1,534,147	42,089	188,748	1,764,984
Additions	during the	year		4,627	3,134	7,428	15,189
Disposals	during the	year			23,864	50,492	74,356
Valuation,	30September 2022			1,538,774	21,359	145,684	1 705,817
Accum. depreciation,		1 Oct.	2021	740,321	39,056	160,665	940,042
Charge for the year				30,683	2,080	5,791	38,554
Depreciation on disposals					23,864	49,197	3,061
Accum. depreciation,		30 Sep. 2022		771,004	17,272	117,259	905535
Net book	value, 30September 2022			767,770	4,087	28,425	800,282
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:				256,774
					4 333774

34Windsor Road Additions since 1996:			75	,000	1,282,000 256,774 4 333774
Pllp ppl hldl hd		tp	d, h	lieth	ldlhtlh	I	p	d
are to be spent on capital expenditure	only.
The disposals recorded during the year		are	the result ofa		review cerned	out to	identify
fixed assets which are no longer in use.
11.Debtors and prepayments
						2022
Income tsx recoverable (giR aid)						11,630'~~
On-line donations income receivable						3,023 Irr,
Furlough grant receivable
Other debtors and prepayments						1,585 +++
						16,238
12. Investments
						Total
						2022
Baptist Union Loan Fund						23,551 ':,;i:E.'-
13. Creditors: amounts falling due within one	year
						Total
						2022
Independent examination fees accrued						1,920 ~~X".
Mission Fund collections due to be passed			on			1,
Rent received in advance
Accrued payroll costs
Accrued gas and electriciiy costs						1,272,":;,'I,, ',ii'spt'
Accrued property repair costs
Baptist Pension Scheme liabilities - current
Other creditors and accruals						588 x's"		1042
						7737 '4' tir
14. Creditors: amounts falling due after more	than		one year

icted Funds
2022			Opening		Incoming			Outgoing	Transfers			Closing
			Balances		Resources			Resources				Balances
						6				6
Endowment Fund				793,826				(30,683)		4,627		767,770
Building Fund				13,271									13,271
Mission Funds				18,399		11,518		(9,432)					20,484
Church Fund				27,008		6,504		(25,887)		(3,000)			4,625
Cause for the Month Fund Coffee Pot Fund				552 6,650 1,869, 179				(6,650) (1,350)					552 698
Other restricted				893		444		501					836
				855,818		25,294		74,504		1,627		808,236
The transfer to the Endowment				Fund was in		respect of		building improvement			expenditure that
was made out of	the General Fund. The				transfer from		the Church Fund			was a contribution to
the General Fund	for expenditure on a new sound system for the church.
~pH Y gggg			gp	I g	h	i g		ougg g	T	u		CI	ug
			Balances		Resources			Resources				Balances
				6		6		E		E
Endowment Fund				824,509				(30,683)				793,826
Building Fund				12,936		3,335		(3,000)					13,271
Mission Funds				17,066		7,267		(5,934)					18,399
Church Fund				41,274		13,686		(27,952)					27,008
Cause for the Month Fund				552		6,613		(6,613)					552
Coffee Pot Fund				1,869									1,869
Other restricted				389		1,500		996					893
				898,595		32,401		75,178				855,818
The Endowment	Fund holds all			the properties owned			by the church.
The Mission Funds are used for collecting donations for missionary									causes, either specified
in advance or allocated as determined later by the church members.
The Church Fund	is used		for collecting gifts			for church		running costs. This year the biggest
single item ofexpenditure			was	64,662 paid for the refurbishment of					aspace used by the youth					groups.
stricted Funds
m22			Opening		Incoming			Outgoing	Transfers			Other	Gains	Closing
			Balances		Resources			Resources				Recognised		Balances f
General fund				71,164		234,444		(162,188)	(48,495)				16,036	110,961
Designated Funds:
Tithe Fund				9,228				(36,828)		46,868				19,268
PIN Fund
				80,392		234,444		199,016		1,627			16,036	130,229
Prior Year 2021			Opening		Incoming			Outgoing	Transfers			Other	Gains	Closing
			Balances		Resources			Resources				Recognised		Balances
								F		E			E
General fund				56,443		213,297		(155,614)	(42,659)				(303)	71,164
Designated Funds:
Tithe Fund				6,637				(40,068)		42,659				9,228
PIN Fund
				63,080		213,297		195,682					303	80,392
The Tithe Fund receives		no donations.			A set proportion			ofthe budgeted		income		ofthe
General Fund is	spent on		tithe	gifts, with	the	occasional		tithe gift coming		out ofthe Mission Fund.
The amount transferred		to the Tithe Fund in				2022 was		calculated based		on 20%ofGeneral Fund
income (202120%).

sis ofNet Assets between	Funds
2022	Tangible	Bank	Other net	Nonwurrent
	fixed	balances	current	liabilities	Total
	assets		assets
	E	E	E'
General Funds (unrestricted)	32,512	48,205	30,245		110,961
Tithe Fund (designated)		19,268			19,268
Total Unrestricted	32,512	67,473	30,245		130,229
Restricted Funds:
Endowment Fund	767,770				767,770
Church Fund		5,562	(938)		4,624
Mission Funds		16,611	3,873		20,484
Cause for the Month Fund		2,048	(1,496)		552
Building Funds		13,271			13,271
Coffee Pot Fund		698			698
Other restricted		470	367		836
Total Restricted	767,770	38,659	1,807		808,236
Total Funds	800,282	106,132	32,051		938,465
~Prier Year 2021
	Tangible	Bank	Other net	Nonwurrent
	fixed	balances	current	liabilities	Total
	assets		assets
		E		E	f
General Funds (unrestricted)	31,116	33,182	22,020	(15,154)	71,164
Tithe Fund (designated)		9,228			9,228
Total Unrestricted	31,116	42,410	22,020	15,154	80,392
Restricted Funds:
Endowment Fund	793,826				793,826
Church Fund		29,957	(2,949)		27,008
Mission Funds		14,601	3,798		18,399
Cause forthe Month Fund		3,224	(2,672)		552
Building Funds		12,271	1,000		13,271
Coffee Pot Fund		1,869			1,869
Other restricted		267	626		893
Total Restricted	793,826	62,189	197		855,818
Total Funds	824,942	104,599	21,823	(15,154)	936,210

						STATEMENT	STATEMENT	OF FINANCIAL	OF FINANCIAL	ACTIVI	TIES
				—Unrestricted		Funds—		—Restricted		Funds—		Total
								Endowment		Irrcorrre
				8	E	F	8	8	8	8	E
				2022	2021	2022	2021	2022	2021	2022	2021
Incoming Resounms
Incoming resources	from	generated	funds:										'
Volunhuy income				224,398	197,448					24,815	30,851	249,211
Investment income				238	84							238w82 I
Incoming resources	from	chantabie	acbvities							179		179
Other incoming resources				9,810	15,786					300	'l,750	10,110.
Total Incoming Resounxm				234,444	213,298					25,294	32,401	259,738,
Resources expended
Cost ofgeneraling	funds													ed ii
Charitable acbvMes				162,188	155,814	36,828	40,068	30,N3	30,8N	43,820	41,495	273,520
Other expenditure											3,000
Total lesources expended				162,188	TNLBI4	36,828	40,088	30,683	30,683	43,820	44,495	273,520	I
Net Incomingr(outgoing)		resources	before										ij,'iP	„.',Lb&
transfers between	funds			72,256	57,884	(36,828)	(40,0W)	(30,683)	(30,6N)	(18,526)	(12,094)	(13,781)eg
Transfers
Gross transfers between		funds		(48,495)	(42,859)	46,868	42,859	4,627	-	(3,000)
				23,780	15,025	10,040	2,591	(28,058)	(30,883)	(21,528)	(12,N4)	(13,781); ~
													Fr(I„Lpaw 8)j
Other Recognised Actuarial gain/(loss)	Galnsl(Losses) cn delined benelit													rj
pension schemes				16,036	(304)							16,0364P
Net Movement of	Funds			39,797	14,721	10,040	2,591	(26,056)	(30,683)	(21,526)	(12,094)	2,255
Reconcgiatlon of	Funds
Total funds brought	forwwd			71,164	56,443	9,228	B,NT	793,826	824,509	61,992	74,088	936,210	'(jir
Total funds canled forward				110961	71 184	19,2N	9228	767 770	828	40466	81992	938,465