##
##
|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|
##
##
|6.Grants|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|||