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|F
CHA|TEAD B|RCH|C
AB
M|C
AB
M||BY
RANTE|E||
|---|---|---|---|---|---|---|---|---|
|||TA
NT|FINANCIAL ACTIVITI||||||
|||E INC
F RTH
YEA|AN
P
NDED31' DECEM|REACCO
2|NT||||
||||2021||||2020||
||Notes|Unrestricted|Restricted|Total||Unrestricted|Restricted|Total|
|||E|E|E||E|E|E|
|INCOME FROM
- Donations
and Offenngs|2|254,795|975|255,770||360,676|49,658|410,334|
|—Investments
- Other Trading
Activities|3
4|1,069
333,029|146
12,000|1,215
345,029||1,443
263,362|1,052
12,000|2,495
275,362|
|Total Income||588 893|13121|602 014||625 481|62 710|688 191|
|EXPENDITURE ON|||||||||
|—Raising
Funds
- Charitable
Activities|9
5|536,020|86,458|622,478||546,051|242,458|788,509|
|Total Expenditure||536 0211|86 458|622 478||546 051|242 458|788 509|
|Net (Expenditure)/Income||52,873|(73,337)|(20,464)||79,430|(179,748)|(100,318)|
|Actuarial
gains||5,638||5,638||25,124||25,124|
|Transfer Between Funds||(91,370)|91,370|||(113,168)|113,168||
|Net Movement
in Funds||(32,859)|18,033|(14,826)||(8,614)|(66,580)|(75,194)|
|Funds Brought Forward 1/1/2021||165,724|5,004,956|5,170,680||174,338|5,071,536|5,245,874|
|Funds Carried Forward 31/12/2021|17|6132865|65 022 989|E5 155854||1165724|65 004 956|15 170 680|
##
##
|||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||||||Note|E|E|
|Cash flows from operating
activities:
Net cash provided
by (used in) operating|||activities||A|24,495|96,790|
|Cash flows from investing
activities:||||||||
|Interest|received|||||1,215|2,495|
|Disposal|(acquisition)
of investment||||||378|
|Purchase|ofTangible
Fixed Assets|||||||
|Net cash|provided
by investing
activities|||||1,215|2,873|
|Change
reporting|in Cash and Cash Equivalent
period|in the||||25,710|99,663|
|Cash and Cash Equivalent
at the
beginning
ofthe reporting
period|||||8|492,611|392,948|
|Cash and Cash Equivalent
at the
end ofthe reporting
period||||||E518,321|E492,611|
||Net (expenditure)/income
for the||reporting|period||||
||as per the Statement
of Financial||Activities|||(14,826)|(75,194)|
||Interest receivable|||||(1,215)|(2,495)|
||(Increase)/decrease
in debtors|||||(28,588)|10,974|
||(Decrease)/increase
in creditors|||||(12,756)|(25,879)|
||Depreciation|||||81,880|188 384|
|||||||E24,495|E96,790|
|8|Cash at bank and
in hand|||||262,509|237,874|
||Notice deposits (less than 3|months)||||255,812|2541737|
|||||||E518,321|E492,611|
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||DONATIONS|DONATIONS|AND OFFERINGS|AND OFFERINGS|AND OFFERINGS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|||2020|
|||||||Notes|Unrestricted|Restricted||Total||
||||||||f|f||f|f|
||General||||||187,695|||187,695|276,259|
||Mission||||||||975|975|1913|
||||||||187,695||975|188,670|278,172|
||Grants||||||26,207|||26,207|74,745|
||GIFT AID RECOVERED|||||||||||
||General||||||40,893|||40,893|57,417|
||Mission|||||||||||
||||||||E254 795|E975||E255 770|E410 334|
|3.|INVESTMENTS|||||||||||
||Interest|on Short Term||||||||||
||Investments||||||EI 069|1146||El 215|E2 495|
|4.|OTHER|TRADING ACTIVITIES||||||||||
||FBCCENTRE||INCOME|||||||||
||Catering||||||119,014|||119,014|78,681|
||Facilities||||||111,612|||111,612|87,480|
||Service Charge||||||101284|||1111284|94 082|
||||||||331,910|||331,910|260,243|
||YOUTH|INCOME||||||||||
||Finchampstead|||Parish|Council|||12,000||12,000|12,000|
||Activity|Fees|||||1 119|||1119|3 119|
||||||||E333029|E12|000|E345 029|6275 362|
||CHARITABLE||ACTIVITIES|||||||||
||FBC Centre Expenses (Note 6)||||||323,358|||323,358|333,412|
||Ministry||||||138,980|||138,980|174,752|
||Missionary
Giving (Note 7)||||||49,360||975|50,335|68,648|
||Outreach|Costs||||||6,220||6,220|6,033|
||Upkeep|of Premises|||||13,602|||13,602|8,646|
||General|Support||Costs|(Note 8)||10,720|||10,720|10,251|
||Property|Depreciation|||(Note 11)|||79|263|79263|186 767|
||||||||E536020|E86|458|E622 478|E788 509|
##
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##
|FBCCENTRE EXPENSES|||
|---|---|---|
||2021|2020|
||I|E|
|Non-Service
Charge Expenses
Cost of Goods Sold|41,622|25,621|
|Staff Expenses
Programme
Expenses|67,939
595|88,610
1,345|
|Upkeep of Premises|3,396|3,018|
|Total Non-Service
Charge Expenses|113,552|118,594|
|Service Charge Expenses|||
|Auditor
and Accounting
Fees|2,325|2,682|
|Bank Charges
Dues, Subscriptions
and Licenses|3,065
1,601|2,381
2,001|
|Utilities —Gas, Water and Electricity|21,952|23,144|
|Facilities Upkeep,
Repairs and Maintenance
Insurance
Expense
Marketing
Materials|67,473
12,273
327|77,079
11,078
333|
|Non-Reclaimable
VAT|12,526|12,558|
|Staff Expenses
Office Expenses
Security|79,780
3,594
4,890|69,226
2,810
11,526|
|Total Service Charge Expenses|208 806|214818|
|Total Expenses|E323 338|E333412|
##
##
|The FBC has set aside 20%|of Unrestricted|of Unrestricted|of Unrestricted|General|Fund Income to be given|Fund Income to be given|for|missionary
causes.|missionary
causes.|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Missionary
Giving|||||E|E|||E||E|
|20% of General
fund
Given
Grants during the year (see|in year (E228,591)
below)|||||45,718
~49 360|||||66,735
~57 147|
|||||||(3,642)|||||9,588|
|No surplus
on tithe 2021
Transfer to Yeldall
Manor|||||||||||~9588|
|Breakdown ofthe 200/o ofGeneral|||Fund|||||||||
|given in 2021||||||||||||
|Grants made to Institutions|||||Total|Amount||||||
||||||ofGrants Paid||||Purpose|||
|||||||E||||||
|Further Faster UK||||||8,000|||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||
|Evangelical
Alliance Subscriptions||||||400|||Subscription|||
|Christians
Against
Poverty||||||2,000|||Subscription|||
|Innovista||||||3,000|||Equipping|Leaders||
|LICC||||||6,000|||UK Mission|||
|Uganda
Projects||||||3,000|||Overseas|Mission||
|Tearfund||||||2,000|||Overseas|Mission||
|Total Grants to Institutions|||||E43,120|||||||
|Grants Made to Individuals||||||||||||
|Teus and Maria Kappers||||||6,240|||Overseas|Mission||
|Total Grants to individuals||||||E6,240||||||
|Other Missionary
Giving|in Addition to|||20o/47||||||||
|General
Fund Giving|||||2021|2020|||Purpose|||
|||||||||E||||
|Restricted Income for Missionary|||Causes|||||||||
|Tearfund
Appeal|||||||||Overseas|Mission||
|Dominique
Edmunds||||||375|||Mission Training|||
|Suubi
Clinic||||||600|||Overseas|Mission||
|Innovista|||||||1,569||Rehabilitation||Centre|
|Restricted
Income for Missionary||Causes||||975|1,913|||||
|Income Tax Reclaim||||||||||||
|Total Restricted
Income for|Missionary||Causes|||E975|E1,913|||||
##
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##
|GENERAL SUPP|ORT|COSTS|||
|---|---|---|---|---|
||||2021|2020|
||||E||
|Website and IT Costs|||3,636|2,124|
|Technical/Sound|||2,167|2,731|
|Publishing,
Photocopying||and Stationery|920|857|
|Audit, Accounting|Fees|and Software|3,774|4,355|
|Sundries|||223|184|
||||E10,720|E10,251|
##
|RAISING|FUNDS|
|---|---|
|Fundraising|Materials|
|2021|2020|
|---|---|
|E|E|
##
|Chns Sim|pkins|is included
in th|e trustee|s ofthe ch|arity.
He was reim|bursed
for travel costs|incurred.|
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Number|of full|time equivalent|trustees|who were|paid|||
|expenses||||||||
|Total Amount||Paid (E)||||E176||
|Chris Simplons||received remuneration||and pension|benefits,|||
|under
his terms of employment,|||as follows|||||
|||||||2021|2020|
|Chris Simpkins||||||||
|Stipend||||||32,269|31,950|
|Pension|Contributions|||||3,814|8,302|
|||||||E36,083|E40,252|
##
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|FBCUNINCORPORATED||||||
|---|---|---|---|---|---|
||||||Total|
|Property|||||E|
|Cost||||||
|At 1st January
2021|||||5,157,871|
|Additions||||||
|Disposals||||||
|At 31st December 2021|||||5 157871|
|Accumulated
Depredation||||||
|At 1st January
2021|||||475,575|
|Charge for Year|||||79,263|
|Dispose is||||||
|At 31st December 2021|||||554 838|
|Net Book Value||||||
|At 31st December 2021|||||64 603033|
|At 31st December 2020|||||64 682 286|
|FBCCHARITABLE COMPANY LIMITED BYGUARANTEE||||||
||Property||Furniture|and|Total|
||Enhancemen||Equipment|||
||t|||||
||E||E|||
|At Cost||||||
|At 1stJanuary 2021|56,098||92,059||148,157|
|Additions||||||
|Disposals||||||
|At 31st December 2021|56|098|92|059|148 157|
|Accumulated
Depreciation||||||
|At 1stJanuary 2021|2,802||88,164||90,966|
|Charge for Year||467|2,150||2,617|
|Disposals||||||
|At 31st December 2021|3|269|90|314|93583|
|Net Book Value at 31st December 2021|E52|829|Ei|745|E54 574|
|Net Book Value at 31st December 2020|E53|296|E3|895|E57 191|
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|12.|DEBTORS||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021||2020||
||||||||||E||E||
||Trade Debtors||||||||11,901||4,053||
||Gift Aid Recoverable||||||||24,495||12,097||
||VAT|||||||||||177|
||Floats|||||||||584||90|
||Sundry Debtors
82 Prepayments||||||||10|936|4|510|
||||||||||647916||920927||
|13.|SHORT TERM INVESTMENTS||||||||||||
||Bank of Scotland —Sinlong||Fund||||||85,053||63,723||
||Bank of Scotland —General||Fund||||||||21,277||
||Santander||||||||84,778||84,769||
||Scottish Widows Bank|—Sinking||Fund|||||85981||84968||
||||||||||E255|812|E254|737|
|14.|CASH AT BANK AND|IN HAND|||||||||||
||Current
Accounts||||||||E262|509|E237|874|
|15.|CREDITORS DUE WITHIN ONE YEAR||||||||||||
||VAT||||||||2,360||||
||Trade Creditors||||||||24,455||17,357||
||Other Creditors
82 Accruals||||||||9,775||17,088||
||Provision for pension|deficit (Note 20)|||||||4|561|4|260|
||||||||||E41|151|E38705||
|16.|CREDITORS DUE AFTER||MORE THAN||ONE|YEAR|||||||
||Provision for pension|deficit|(Note 20)||||||E26,839||643,640||
|17.|MOVEMENT IN FUNDS|||||||Fund||Opening||Ooslng|
||2021||||Income||Expenditure|Transfers||Balance|Balance||
||||||E||E|E||E||E|
||Unrestricted||||||||||||
||General Undesignated||||594,531||(536,020)|(91,370)||144,226||111,367|
||Christian
Service Grant|||||||||21,498||21,498|
||||||594,531||(536,020)|(91,370)||165,724||132,865|
||Restricted||||||||||||
||Mission Grants|||||975|(975)|||1,967||1,967|
||Finchampstead
Pansh|Council|||12,000||(6,220)|||5,967||11,747|
||Arborfleld
Fund|||||||||58,810||58,810|
||Yeldall Manor|||||||(9,588)||9,588|||
||Sinking
Fund|||||146||100,958||233,460||334,564|
||Finchampstead
Baptist||||||||||||
||Church
(Note 18)||||||79 263||4 695 164||4|615901|
||Total||||E607,652||E(622,478)|E-|E5,170,680||E5,155,854||
##
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|17.|MOVEMENT IN FUNDS
2020|MOVEMENT IN FUNDS
2020|(cont'd)|Income|Expenditure|Fund
Tnlnsfers|Opening
Balance|Closing
Balance|
|---|---|---|---|---|---|---|---|---|
|||||E|E|E|E|E|
||Unrestricted||||||||
||General
Undesignated|||650,605|(546,051)|(113,168)|152,840|144,226|
||Chrislian
Service Grant||||||21,498|21,498|
|||||650,605|(546,051)|(113,168)|174,338|165,724|
||Restricted||||||||
||Mission Grants|||1,913|(1,913)||1,967|1,967|
||Coronavlrus
)ob Retention||Scheme|47,745|(47,745)||||
||Finchampstead|Parish Council|||(6,033)|||5,967|
|||||12,0|||||
|||||00|||||
||Arborileld
Fund||||||58,810|58,810|
||Yeldall Manor|||||9,588||9,588|
||Sinking
Fund|||1,052||103,580|128,828|233,460|
||Flnchampslead|Baptist|||||||
||Church
(Note 18)||||186767||4 881931|4 695 164|
||Total|||E713,315|E(788,509)|E-|E5,245,874|E5,170,680|
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|inancial
|assumptions
underlying
the valuation
were as follows:||
|---|---|---|
|Type of|assumption|%0 pa|
|RPI price inflation
assumption||3.50|
|CPI price|inflation
assumption|2.75|
|Minimum|Pensionable
Income Increases (CPI plus 1.0'lope)|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|