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'5| ## ## ## ## |FOR THE|YEAR E|NDED3|DECEM|BER 2020|| |---|---|---|---|---|---| |||||Total Funds|Total Funds| |||||2020|2019| ||||Note||| |Cash flows from operating
activities:
Net cash provided
by (used in) operating|activities|||96,790|(32,389)| |Cash flows from investing
activities:
Interest received
Disposal
(acquisition)
of investment
Purchase ofTangible
Fixed Assets||||2,495
378|2,785
1,619| |Net cash provided
by investing
activities||||2,873|4,404| |Change
in Cash and Cash Equivalent
in the
reporting
period||||99,663|(27,985)| |Cash and Cash Equivalent
at the
beginning
ofthe reporting
period||||307,980|335,965| |Cash and Cash Equivalent
at the||||E407,643|f307,980| |end ofthe reporting
period|||||| |A
Net (expenditure)/income
for the
as per the Statement of Financial
Interest receivable
(Increase)/decrease
in debtors
(Decrease)/increase
in creditors
Depreciation|reporting
Activities|period||(75,194)
(2,495)
10,974
(25,879)
189,384|(26,932)
(2,785)
(4,353)
(42,603)
44,284| |||||f96,790|E(32,389)| |8
Cash at bank and in hand
Notice deposits (less than 3 months)||||237,874
169,769|152,781
155,199| |||||f407,643|f307,980| ## ## ## ## ## ## ## ## ## ## ## ## ## |economic
lif
t
are set out|e.
The principal
co
below:|mponents
identified
a| |---|---|---| |Land||Not depreciated| |Main fabric||Over 125years| |Electrics||Over 50 years| |Roof structure|and covering|Over 35years| |Windows
&external doors||Over 25 years| |Mechanical
systems||Over 25 years| |Kitchen||Over 20 years| |Heating
systems||Over 15years| |Bathrooms||Over 15years| |Fire Alarms||Over 15years| ## ## ## ## ## ||||||||2020||2019| |---|---|---|---|---|---|---|---|---|---| ||||||Notes|Unrestricted|Restricted|Total|| |||||||f||f|f| ||General|||||276,259||276,259|247,107| ||Mission||||||1913|1913|6 561| |||||||276,259|1,913|278,172|253,668| ||Grants|||||27,000|47,745|74,745|| ||GIFT AID RECOVERED||||||||| ||General|||||57,417||57,417|49,038| ||Mission||||||||515| |||||||f360,676|f49,658|f410334|f303,221| |3.|INVESTMENTS||||||||| ||Interest|on Short Term|||||||| ||Investments|||||fl 443|61 052|E2 495|f'2 785| ||OTHER|TRADING ACTIVITIES|||||||| ||FBCCENTRE INCOME||||||||| ||Catering|||||78,681||78,681|219,327| ||Facilities|||||87,480||87,480|150,169| ||Service Charge|||||94082||94082|92 062| |||||||260,243||260,243|461,558| ||YOUTH|INCOME|||||||| ||Finchampstead||Parish|Council|||12,000|12,000|12/000| ||Activity|Fees||||3 119||3 119|34 501| |||||||f263 362|f12000|E275 362|E508 059| ||CHARITABLE||ACTIVITIES||||||| ||FBC Centre Expenses|||(Note 6)||294,289|39,123|333,412|455,370| ||Ministry|||||166,130|8,622|174,752|202,414| ||Missionary
Giving (Note 7)|||||66,735|1,913|68,648|71,118| ||Outreach|Costs|||||6,033|6,033|47,844| ||Upkeep|of Premises||||8,646||8,646|7,665| ||General|Support Costs||(Note 8)||10,251||10,251|15,324| ||Property|Depreciation||(Note 11)||f546,051|186767
f242,458|186,767
E788,509|41 262
E840 997| ## ## ## ## ## |FBCCENTRE EXPE|NS|ES||| |---|---|---|---|---| ||||2020|2019| ||||f|f| |Non-Service Charge Expenses||||| |Cost of Goods Sold|||25,621|84,073| |Staff Expenses|||88,610|103,469| |Programme
Expenses|||1,345|4,120| |Upkeep of Premises|||3,018|3,998| |Total Non-Service|Charge Expenses||118,594|195,660| |Service Charge Expenses||||| |Auditor
and Accounting||Fees|2,682|2,604| |Bank Charges|||2,381|3,855| |Dues, Subscriptions|and|Licenses|2,001|2,090| |Utilities —Gas, Water and Electricity|||23,144|29,113| |Facilities Upkeep,
Repairs and Maintenance|||77,079|87,810| |Insurance
Expense|||11,078|7,240| |Marketing
Materials|||333|1,348| |Minor Furniture
and|Equipment|||465| |Non-Reclaimable
VAT|||12,558|15,299| |Staff Expenses|||69,226|75,531| |Office Expenses|||2,810|5,324| |Security|||11,526|29,031| |Total Service Charge||Expenses|214818|259 710| |Total Expenses|||f333,412|f455,370| ## ## ## |The FBC has set aside 20%|of Unrestricted|of Unrestricted|of Unrestricted|General|Fund Income to be given for
2020|Fund Income to be given for
2020|missionary
causes.|missionary
causes.|missionary
causes.|2019|2019| |---|---|---|---|---|---|---|---|---|---|---|---| |Missionary
Giving
20% of General
fund Given
Grants during the year (see|in year (f333,676)
below)||||66,735
~57 147||||f||59,229
~50309| |||||||9,588|||||8,920| |Transfer to Yeldall
Manor
Transfer to Aborfield
Project||||||(9,588)|||||~8920| |Breakdown ofthe 200/0 ofGeneral|||Fund||||||||| |given in 2020|||||||||||| |Grants made to Institutions|||||Total Amount||||||| ||||||ofGrants Paid
f||||Purpose||| |Further Faster UK|||||10,000||||Supporting|UK|Churches| |Soulscape|||||6,240||||Local area|schools|| |Baptist Home Mission|||||6,240||||UK Baptist|Churches|| |BMS World Mission|||||6,240||||Overseas|Baptist Mission|| |Baptist Union Subscriptions|||||531||||Subscription||| |Christians
Against
Poverty|||||2,000||||Subscription||| |Innovista|||||3,000||||Equipping|Leaders|| |LICC|||||6,000||||UK Mission||| |Uganda —Suubi Clinic|||||3,000||||Overseas|Mission|| |Tearfund|||||2,000||||Overseas|Mission|| |Other missionary
giving|||||1,283||||Other||| |Total Grants to Institutions|||||f46,534||||||| |Grants Made to Individuals|||||||||||| |Teus and Maria Kappers|||||6,240||||Overseas|Mission|| |Dominique
Edmonds|||||4,373||||Mission Training||| |Total Grants to individuals|||||f10,613||||||| |Other Missionary
Giving
General
Fund Giving|in Addition to|||200/o|2020|2019
f|||Purpose||| |Restricted Income for Missionary|||Causes||||||||| |Soulscape|||||||1,301||Local Area|Schools|| |Tearfund
Appeal|||||||||Overseas|Mission|| |Cyclone Appeal|||||||1|332|Crisis Appeal||| |Suubi Clinic|||||||2,735||Overseas|Mission|| |Giving for Compassion||||||||800|Crisis Appeal||| |Link Visiting Scheme||||||||198|Visiting Scheme||| |Innovista|||||1,569||||Rehabilitation||Centre| |Care for the Family||||||||195|Family/Children||| |Restricted
Income for Missionary||Causes|||1,913||6,561||||| |Income Tax Reclaim||||||||515|||| |Total Restricted
Income for|Missionary||Causes||f1,913||E7,076||||| ## ## ## ## |GENERALSUPPORT|COSTS||| |---|---|---|---| |||2020|2019| ||||f| |Website and ITCosts||2,124|2,923| |Technical/Sound||2,731|4,738| |Publishing,
Photocopying
Audit, Accounting
Fees
Sundries|and Stationery
and Software|857
4,355
184
f10,251|2,837
3,804
1,022
f15,324| ## ## |RAISINGFU|DS||||||| |---|---|---|---|---|---|---|---| |||||||2020|2019| |Fundraising
Materials|||||||| |TRUSTEES|||||||| |Chris Simpkins|is included|in the trustees ofthe charity.|||He was reimbursed|for travel costs incurred.|| |||||||2020|2019| |Number of full|time equivalent||trustees who were|paid|||| |expenses|||||||| |Total Amount|Paid (f)|||||f48|f453| |Chris Simpkins|received|remuneration
and pension||benefits,|||| |under
his terms of employment,|||as follows|||2020|2019| |Chris Simpkins
Stipend
Pension
Contributions||||||31,950
8,302
f40,252|31,323
8,132
f39,455| ## ## ## ## ## ## ## ## |FBCUNINCORPORATED||||||| |---|---|---|---|---|---|---| |||||||Total| |Property||||||| |Cost||||||| |At 1stjanuary 2020||||||5,157,871| |Additions||||||| |Disposals||||||| |At 31st December 2020||||||5 157871| |Accumulated
Depreciation||||||| |At 1stJanuary 2020
Charge for Year||||||288,808
186,767| |Disposals||||||| |At 31st December 2020||||||475 575| |Net Book Value||||||| |At 31st December 2020||||||f4 682 296| |At 31st December 2019||||||K4 869063| |FBCCHARITABLE COMPANY LIMITED BY GUARANTEE||||||| ||Property|||Furniture|and|Total| ||Enhancement
f|||Equipment||f| |At Cost||||||| |At 1stJanuary
2020|56,098|||92,059||148,157| |Additions||||||| |Disposals||||||| |At 31st December 2020|56,098|||92,059||148 157| |Accumulated
Depreciation||||||| |At 1stJanuary 2020||2,335||86,014||88,349| |Charge for Year|||467|2,150||2,617| |Disposals||||||| |At 31st December 2020||2,802||88,164||90,966| |Net Book Value at 31st December 2020|f53,296|||E3 895||f57 191| |Net Book Value at 31st December 2019|f53||763|K6,045||f59 808| |Of the Furniture
and Equipment f7,668 represents|the Church|and f84,391the Centre.||||| |TOTALTANGIBLEFIXEDASSETS||||||f4 739487| ## ## ## ## |12.|DEBTORS||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||2020||2019| ||||||||||f||E| ||Trade Debtors||||||||4,053||12,270| ||Gift Aid Recoverable||||||||12,097||10,980| ||VAT||||||||177||| ||Floats||||||||90||90| ||Sundry Debtors
ik Prepayments||||||||4 510
E20 927||8561
E31901| |13.|SHORT TERM INVESTMENTS||||||||||| ||Bank ofScotland —Sinking
Bank of Scotland —General||Fund
Fund|(Note 17)|||||45,171
39,829||44,885
39,829| ||Santander||||||||84,769||70,609| ||Scottish Widows Bank- Sinking|||Fund|||||84 968
E254 737||84 590
E239913| ||CASH AT BANK AND|IN HAND|||||||||| ||Current
Accounts||||||||E237874||E152781| |15.|CREDITORS DUE WITHIN ONE YEAR||||||||||| ||VAT||||||||||6,721| ||PAYE S.NI||||||||||3,243| ||Trade Creditors||||||||17,357||17,803| ||Other Creditors
lk Accruals||||||||17,088||12,582| ||Sundry Creditors —Undistributed
Giving
Provision
for pension
deficit (Note 20)||||||||4 260
f38705||903
4 260
E45 512| |16.|CREDITORS DUE AFTER||MORE THAN||ONE|YEAR|||||| ||Provision
for pension|deficit (Note 20)|||||||E43 640||E62 080| |17.|FUNDS|||||||Fund|Opening||Closing| ||||||Income
E||Expenditure
f|Transfers
E|Balance
f||Balance
E| ||Unrestricted||||||||||| ||General
Undesignated
Christian
Service Grant||||650,605||(546,051)|(113,168)||152,840
21498|144,226
21498| ||||||650,605||(546,051)|(113,168)||174,338|165,724| ||Restricted||||||||||| ||Mission Grants|||||1,913|(1,913)|||1,967|1,967| ||Coronavirus
gob Retention
Scheme
Finchampstead
Parish Council
Arborfield
Fund||||47,745
12,000||(47,745)
(6,033)|||58,810|5,967
58,810| ||Yeldall Manor|||||||9,588|||9,588| ||Sinking
Fund|||||1,052||103,580||128,828|233,460| ||Finchampstead
Baptist||||||||||| ||Church (Note 18)||||||186767||4|881931|4 695 164| ||Total||||f713315||E 788 509|E-|E5|245 874|E5 170680| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |inancial
assumptions
underlying
the valuation
were as follows:|| |---|---| |Type ofassumption|o/o pa| |RPI price inflation
assumption|3.50| |CPI price inflation
assumption|2.75| |Minimum
Pensionable
Income Increases (CPI plus 1.0%pa)|3.50| |Assumed
investment
returns|| |- Pre-retirement|3.50| |- Post retirement|2,25| |Deferred
pension increases|| |— Pre April 2009|3.50| |- Post April 2009|2.50| |Pension increases|| |- Main Scheme pension
Pre April 2006|2.70| |-
Main Scheme pension
Post April 2006|2.00|