All Nations Baptist Church
Charity Registration Number 1133860
ALL NATIONS BAPTIST CHURCH
BOARD OF ELDER'S REPORT AND ACCOUNTS
FOR THE YEAR ENDED
30th SEPTEMBER 2020
All Nations Baptist Church
Charity Registration Number 1133860
ALL NATIONS BAPTIST CHURCH
CONTENTS
| Page | |
|---|---|
| Charity Information | 1 |
| Trustees' Report | 2 - 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Accounts | 8 - 26 |
All Nations Baptist Church
Charity Registration Number 1133860
ALL NATIONS BAPTIST CHURCH
CHARITY INFORMATION FOR THE YEAR ENDED 30th SEPTEMBER 2020
Charity Registration No. 1133860 Principal Address 12 Poynders Road Clapham Park London SW4 8NY Registered Office 12 Poynders Road Clapham Park London SW4 8NY Bankers Barclays Bank PLC 1 Churchill Place London E14 5HP Natwest Bank Balham Branch 128 Balham High Road London SW12 9AE Independent Examiner Judy Newman BSc., MAAT Newman Nede & Co 1 Bromley Lane Chislehurst Kent BR7 6LH
1
All Nations Baptist Church
Charity Registration Number 1133860
ALL NATIONS BAPTIST CHURCH
THE REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30th SEPTEMBER 2020
The Board of Elders/Trustees presents their report and accounts for the year 30[th] September 2020.
The accounts have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the charity’s constitution, applicable law and the requirements of the Statement of Recommended Practice, “Accounting and Reporting by Charities”.
The structure of the Charity
The Charity is registered in England and Wales with the Charity Commission under number 1133860.
Legal Structure
The Governing document of the charity is the All‐Nations Baptist Church Constitution which was adopted on 27th September, 2009.
The members of the Board of Elders/Trustees of the Charity during the year
The following persons were trustees during the year ended 30/09/20:
-
Pastor Paul Ogunyemi
-
Mrs. Linda Neal
-
Mrs. Debbie Linton‐Gordon
The trustees are all individuals. All trustees are members of the charity.
Methods used to recruit and appoint new charity trustees
Clause 15.2 of the charity’s Constitution states that "The Church Partners' Meeting shall appoint Trustees to be responsible for the governance of the Church and where there is a Minister that person is a Trustee because of their role and responsibilities. Subject to any specific or general directions of the Church Partners Meeting and the provisions of 9.2 the control management and administration of the Church shall be by the Trustees, save that the Trustees are not required to do anything that would cause them to be in breach of this Constitution or any trustee duty placed upon them as a result of this role."
The Object of the Charity and how it’s attempting to achieve the objectives
The principal purpose of All Nations Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
The charity is part of a wider network with:
London Baptist Association The Evangelical Alliance Churches Together in England
The charity’s relationship with related parties
We are affiliated members through the membership of the Baptist Union of Great Britain.
‐ 2 ‐
All Nations Baptist Church
Charity Registration Number 1133860
Objectives achieved in the year, a review of activities and significant changes
In accordance with the objectives set out in the constitution of the charity, the church decided to: ‐
Due to the Covid 19 pandemic, face‐to‐face meetings were suspended. All church meetings were conducted online through platforms like Zoom. This included church services, prayer meetings, bible studies, Partner’s Meetings, and other group support sessions.
The church continued to support the following local work:
o Foodbank which provides food to local people in crisis
o Meet and Greet for local people, including a free meal from the King's Café to visitors, one Saturday a month, pre‐ Covid.
The board of Elders/Trustees are satisfied with the performance of the charity during the year and the position at 30[th ] September 2020 and consider that the church is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.
Significant changes and developments and plan for the future
The charity is following up on a previous planning application which had been made at the time of building Molly Berry House. The plan included works to the main church building. An Architect was engaged since 2016/17 and continued in 2018/19 to design the next phase. The funding for the Architect's fees came from Dedicated funds. Further works were approved by charity's partners and planning permission from Lambeth Council was granted. The work commenced in the 2019/20 year, and it is hoped that it will be complete in the 2020/21 year. The church applied for a bank loan to fund part of the redevelopment.
The 2020/21 year will focus primarily on redevelopment of the building, which includes demolishing the front facade, removing the ramp and adding a lift and extended floor space. The ground floor area will be kept as open space that can be used as a community cafe. The sanctuary on first floor will now be able to seat 350 members. These changes are in line with the church’s outreach objectives which include reaching the community through the work of the Kings’ Café, providing space for those who need a computer and online access, etc. During the construction period, Sunday services will be held via zoom, including Bible Study meetings and Prayer meetings.
The work is scheduled to be completed by the end of December 2021.
The difference the charity’s performance during the year has made to the beneficiaries of the charity
The Charity continues to minister to the spiritual needs of the residents of Clapham Park and the nearby environ, providing evangelism, Christian counselling and discipleship where necessary. Through its community activities like Foodbank, we have interacted with a wider range of people thus enabling better understanding of their needs which we either address or signpost to other organisations who can assist.
How the charity makes decisions and how decisions are delegated
Decisions are made at two main levels; the Eldership Board and the Partners Meeting. The Eldership Board meets bi‐ monthly and as required based on need and the Partners meetings hold three times a year as a basic requirement but special meetings can be requested based on need. At the Partners Meeting, the Elders report back to the members all issues concerning the church and field a discussion of the issues. Voting may take place on various issues where required. Decisions are taking on which individuals or groups to implement any decisions taken. Minutes of these meetings are recorded.
Finances
The accounts will be done on an accrual’s basis. Income and expenditure from our Income Generating Activities, i.e. Molly Berry House, are included in the annual figures. Property values are also reported.
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution of volunteers, the contribution of volunteers is not included within the income of the charity. However the trustees value the significant contribution made to the activities of the charity by unpaid volunteers
‐ 3 ‐
Al Nats"ons Baptist Church Chanty RegtratiOn Number 1133860 The pastor retains oversight of all churth mattÈr4 but is answerable tothetwo elders who are trustees. Trustee5 meet regulaTty to disoJ5s and plan objectives and implementation thereof. Matter5 of general concem are raised with all partners Imember51. The chartty continue5 its poliry on depreaation of buildings. Buildings will be revalued everythree years, and anv changes in valuation will be refiected through Non41istribLrtable Resèrvès. There will be no annual depreciation on buildings. CharEes in fixed assets are shown in detsil in thè notès tothe accounts. There was no movement in fixed ets a5 a result of revaluation on any of the properties duringthe 201912020 financial year. The Board of Elderstrru5tee5 k$ satisfied thatthe church's assets are available and adeqLbate to fulfil its obligations. Financial Risk The charity is open to the usual finanaal risks of any organisation. and the chartrty has Introduced controls to minimise these risks, such as signatories being required for payments from the banL Trustees in office on the date the report was approveil were- Pastor Paul Ogunyemi Mrs. tinda NÈal Mrs. Debbie ntonoron The Elderstrrustee5 identify major risks to which the charity is exposed ea¢h financial year when preparing and updating a strategic plan. in particular. those related to the operation5 and finance5 of the chartty. The Elderstrrustee5 then review any major risks which have been identtfied and establish systems to mitigate those risks. The Chh is satirfied that the systems are in place to mrtigate their exposure to major risks which have been Identified and reviewed. Statement of Trusttes Re5pw5lTrtle5 tt is the responsibility of the Board of Elders to Com¥ the Charities Art 2011 and the Charities Regulations 2CK)8 and to ensure that accounts are preparÈd which comply with FR5102 SORP 2015 for each financial year, and which give a true and fair view of the state of affatrs of the tharity and of the surplus or deficit of income over expenditure for that period. In preparing those financial statements. the elders are required to= - Select suitable accounting policies and then apply them consistently. - Make judgements and estimates that are reasonable and pnJdenL - Follow applicable accounting stsndards. subject to any matertal departure5 disclosed and explained in the accounts. - Prepare the financial statements as a going wncern basis unless it is inappropriate to presume thatthè charity wll contir¢ue. The Board of Elders are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial pos0 of the drity and to enable them to ensure that the finanaal ststements comply with the Charities Act 2011. They are also responsible for &ifeguarding assets of the chartty and hence taking reasonable step5 for the prevention of fraud and other IrregUrIties. Signed on Behalf of the Board of Eldersifrustee loll. Pastor Paul Kehinde Oluwole Ogunyemi
All Nations Bplisl Church Charity Registration Number 1133860 ALL NATIONS BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF ELDERS OF ALL NATIONS BAPTIST CHURCH I report on the accounts of All Nations Baptist Church for the year ended 30th September 2019 which are sel out on pages 5 to 26. Respective responslbllltles of Irustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for the year ended 30th September 2019. under section 144121 of the Charities Act 2011 {Ihe 2011 Act) and that an independent examiner is needed. It is my responsibilty to.. Examine the actounts under section 145 of the 2011 Act. To follow procedures laid down in the general directions given by the Charity Commission (under section 14515llbl of the 2011 Act., and To state whether particular matters have come lo our attention. Bas18 of Independent examinerfs report My examination was carried out in accordance with the general directions given by the charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presenleil with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from you concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt. and consequently no opinion is gThien as lo whether the accounts present a'true and fair viev¥', and the report is therefore limited lo those matters set out In the statement below. Independent examin•rfs statement In connection wfth my examination. no matter has come lo my attention.. 111 which gives me reasonable Cause lo believe that in any material respect the requirements= {il lo keep accounting records in accordance with section 130 of the 2011 Act., lill to prepare accounts which accord with the accounting records, and comply wrth the accounting requirements of the 2011 Act, and liiil have been prepared in accordance with the method5 and principles sel out in the FRS102 SORP {effective January 20161. have not been met.. or {21 to which, in my opinion, attention should be drawn in order to enable a proper of the accounts lo be reached. Judy Newm 1 Brom wman Bsc., MAAT Nede & Co ey Lane, Chislehurst. Kent BR7 6LH
| Charity Name: All Nations Baptist Church | Charity Name: All Nations Baptist Church | Charity Name: All Nations Baptist Church | Charity Name: All Nations Baptist Church | Charity No. | 1133860 | |
|---|---|---|---|---|---|---|
| Annual accounts for theperiod | ||||||
| Period start date |
01/10/2019 | To | Period end date |
30/09/2020 |
| Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
Recommended categories by activity Guidance Notes Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ Incoming resources (Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donations and legacies S01 31,341 1,008 - 32,349 44,025 Charitable activities S02 - 76,615 - 76,615 13,947 Other trading activities S03 - - - - - Investments S04 43,126 72,340 - 115,466 124,821 Separate material item of income S05 - - - - - Other S06 - - - - - S07 74,467 149,963 - 224,430 182,793 Resources expended (Note 6) Expenditure on: Raising funds S08 16,645 16,490 - 33,135 30,547 Charitable activities S09 2,778 5,894 - 8,672 12,118 Separate material item of expense S10 59,081 150,548 - 209,629 71,029 Other S11 2,136 805 - 2,941 3,107 S12 80,641 173,737 - 254,378 116,801 S13 6,173 - 23,774 - - 29,948 - 65,992 Net gains/(losses) on investments S14 - - - - - S15 6,173 - 23,774 - - 29,948 - 65,992 Extraordinary items S16 - - - - - S17 - - - - - S18 - - - - - Other gains/(losses) S19 - - - - - S20 6,173 - 23,774 - - 29,948 - 65,992 Reconciliation of funds: S21 33,099 4,228,522 21,776 4,283,397 4,217,405 S22 26,926 4,204,747 21,776 4,253,448 4,283,396 Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use Section A Statement of financial activities Total |
|---|---|---|---|---|---|
| 1 31,341 |
1,008 | - | 32,349 | 44,025 | |
| 2 - |
76,615 | - | 76,615 | 13,947 | |
| 3 - |
- | - | - | - | |
| 4 43,126 |
72,340 | - | 115,466 | 124,821 | |
| 5 - |
- | - | - | - | |
| 6 - |
- | - | - | - | |
| 7 74,467 |
149,963 | - | 224,430 | 182,793 | |
| 8 16,645 |
16,490 | - | 33,135 | 30,547 | |
| 9 2,778 |
5,894 | - | 8,672 | 12,118 | |
| 0 59,081 |
150,548 | - | 209,629 | 71,029 | |
| 1 2,136 |
805 | - | 2,941 | 3,107 | |
| 2 80,641 |
173,737 | - | 254,378 | 116,801 | |
| 3 6,173 - |
23,774 - |
- | 29,948 - |
65,992 | |
| 4 - |
- | - | - | - | |
| 5 6,173 - |
23,774 - |
- | 29,948 - |
65,992 | |
| 6 - |
- | - | - | - | |
| 7 - |
- | - | - | - | |
| 8 - |
- | - | - | - | |
| 9 - |
- | - | - | - | |
| 0 6,173 - |
23,774 - |
- | 29,948 - |
65,992 | |
| 1 33,099 |
4,228,522 | 21,776 | 4,283,397 | 4,217,405 | |
| 2 26,926 |
4,204,747 | 21,776 | 4,253,448 | 4,283,396 |
-
6 -
l Nations Baptist Chwth Charity RtraIN)n Nwnber 1133860 Section B Balance sheet UnTestri¢ted income Endow Total this Total last fund5 funds year Fixed ass•ts Intanglble asséts Tangibl• assets H•rttsge as$ Investments F01 F03 F04 F05 (Nots 11} (Nots 10) INote 12) {Note 13} Total fixed assets 4.140.346 4 139 388 4.139.388 Current ass•ts Stocks INot• 14) D•btors (Note 161 Inv•stm•nts {Nots 171 Cash at bank And In hand (Nots 20) Total ¢Uffont4ets 5,424 2.538 7.962 6,015 208,157 212,171 Creditors: amounts falllng du• wlthln one year (Note 16) 22,081 14.146 Net cutrYentassefllab•1•lleSj 198,026 Total assets less curnnt liabillties 4.337.413 Creditors: amounts falling du• aft•r one year (Not¢ 16) PrgvÉsions for Ilabilllies 25,000 25,000 Total net assets or11a.111•es Funds of the Charity Endowm•nt funds (Nots 23) R•striGtsd Inc0 funds {Not• 23) Unr•stri¢t¢d funds R•valuation r•s•rv• 26.926 4.204,747 21,776 4,253,449 4,283,396 21,776 21.776 354,275 26.926 3.850,472 4.253,449 21,776 378,050 33,099 3.850,472 4.283,396 354.275 3.850.472 4,204.747 21,TT6 Slgn8d ty rm LV trustè8s on b¢haff of all the trustees Date of approval S*Jnatwe Print Name
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities • and with preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
Yes
- -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:
An explanation as to those factors that support The board of Elders/Trustees are satisfied with the performance of the conclusion that the charity is a going the charity during the year and the position at 30th September 2019 concern; and consider that the church is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations. Disclosure of any uncertainties that make the N/A going concern assumption doubtful; Where accounts are not prepared on a going N/A concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and there has not been any change in accounting policies in the current period. Accounting policies adopted are those outlined in note { }.
Yes * -Tick as appropriate No Please disclose: Buildings will be revalued every three years, and any chages in valuation will be reflected through Non- (i) Revaluation and depreciation; distributable Reserves. There is no annual depreciation on buidlings. (ii) the amount of the adjustment for each line affected in the Accumulated depreciation of £85,000 on a property which was affected by a revaluation was reversed in the 2018. current period, each prior period presented and the aggregate Accumulated depreciation of £40,000 on the property which amount of the adjustment relating to periods before those has not been revalued has not been adjusted until there presented, 3.44 FRS 102 SORP. has been a fresh valuation.
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes * -Tick as appropriate No
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes * -Tick as appropriate No
- 8 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 2 Accounting policies
2.1 INCOME
This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below.
| Recognition of income Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated services and facilities Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably. This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Investment gains and losses These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; ꞏ it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability. Donated goods Contractual income and performance related grants Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Government grants The charity has received government grants in the reporting period Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Support costs The charity has incurred expenditure on support costs. Volunteer help Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
Yes No N/a |
Yes No N/a |
Yes No N/a |
|---|---|---|---|
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| |
- 9 -
All Nations Baptist Church
Charity Registration Number 1133860
2.3 EXPENDITURE AND LIABILITIES
| nd nd ather at ently, t alue ontract. |
Yes No N/a |
Yes No N/a |
Yes No N/a |
|---|---|---|---|
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| Yes No N/a |
|||
| | |||
| None | |||
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Support costs have been allocated between governance costs and other support. Governance and support Governance costs comprise all costs involving public accountability of the charity and its costs compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Where the charity gives a grant with conditions for its payment being a specific level of Grants with performance service or output to be provided, such grants are only recognised in the SoFA once the conditions recipient of the grant has provided the specified service or output.
Where there are no conditions attaching to the grant that enables the donor charity to Grants payable without realistically avoid the commitment, a liability for the full funding obligation must be performance conditions recognised.
Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any trade Creditors discounts
A liability is measured on recognition at its historical cost and then subsequently Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial The charity accounts for basic financial instruments on initial recognition as per instruments paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity
They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5 They are valued at cost. Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. They are valued at cost. Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net progress realisable value.
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at Debtors settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and Current asset investments cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due.
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE
- 10 -
All Nations Baptist Church
Charity Registration Number 1133860
Note 3 Analysis of income
| Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations and gifts 25,529 1,008 - 26,536 36,634 Gift Aid 4,654 - - 4,654 6,562 Legacies - - - - - General grants provided by government/other charities 1,071 - - 1,071 659 Membership subscriptions and sponsorships which are in substance donations - - - - - Donated goods, facilities and services - - - - - Other 88 - - 88 170 Total 31,341 1,008 - 32,349 44,025 Foodbank - 67,462 - 67,462 11,668 Grants provided by government/other charities - 9,153 - 9,153 2,012 - - - - - Other - - - - 267 Total - 76,615 - 76,615 13,947 Interest income 87 - - 87 412 Dividend income - - - - - Rental and leasing income 41,419 72,340 - 113,759 124,409 Other 1,620 - - 1,620 - Total 43,126 72,340- 115,466 124,821 74,467 149,963-224,430 182,793 Other information: TOTAL INCOME Income from Molly Berry House rentals , Foodbank donations and grants and Donations to Building Funds Income from investments: All income in the prior year was unrestricted except for: (please provide description and amounts) Charitable activities: Analysis Donations and legacies: |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis |
|---|---|---|---|---|---|---|
| Donations and gifts | 25,529 | 1,008 | - | 26,536 | 36,634 | |
Gift Aid |
4,654 | - | - | 4,654 | 6,562 | |
| Legacies | - | - | - | - | - | |
| General grants provided by government/other charities |
1,071 | - | - | 1,071 | 659 | |
Membership subscriptions and sponsorships which are in substance donations |
- | - | - | - | - | |
| Donated goods, facilities and services | - | - | - | - | - | |
Other |
88 | - | - | 88 | 170 | |
| Total | 31,341 | 1,008 | - | 32,349 | 44,025 | |
| Foodbank | - | 67,462 | - | 67,462 | 11,668 | |
| Grants provided by government/other charities |
- | 9,153 | - | 9,153 | 2,012 | |
| - | - | - | - | - | ||
| Other | - | - | - | - | 267 | |
| Total | - | 76,615 | - | 76,615 | 13,947 | |
| Interest income | 87 | - | - | 87 | 412 | |
| Dividend income | - | - | - | - | - | |
| Rental and leasing income | 41,419 | 72,340 | - | 113,759 | 124,409 | |
Other |
1,620 | - | - | 1,620 | - | |
| Total | 43,126 | 72,340 | - | 115,466 | 124,821 | |
| 74,467 | 149,963 | - | 224,430 | 182,793 | ||
| Income from Molly Berry House rentals , Foodbank donations and grants and Donations to Building Funds |
- 11 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts
Note 4 Donated goods, facilities and services, including
Seconded staff Use of property Other
| services, including | services, including |
|---|---|
| This year Last year £ £ |
|
| - | - |
| - | - |
| - | - |
| - | - |
Details of the accounting policy for the recognition and valuation of donated goods, facilities and services.
The value of food donated to the Foodbank is not estimated in monetary terms. The public and other churches donate food for Foodbank. The food is weighed in when received, and weighed out when given out.
Details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income.
None
Details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers.
Number of volunteers who helped with the Foobank
Number of volunteers who helped with the Accounts
Number of volunteers who helped with providing other services to the
A number of unpaid volunteers assist with running the Foodbank. A number of church members assist with providing services to the community on a voluntary basis.
30 1 25
- 12 -
All Nations Baptist Church
Charity Registration Number 1133860
Note 5 Analysis of expenditure
| Total Depreciation on Motor Vehicle Depreciation on Manse Separate material item of expense Employee costs Manse costs Insurance TOTAL EXPENDITURE Total other expenditure Depreciation on Molly Berry House Depreciation on Furniture & Fixtures Other Incurred seeking donations Total expenditure on charitable activities Ministry Expenses Incurred seeking legacies Refurbishment Total expenditure on raising funds Donations and dedicated givings Expenditure on charitable activities Foodbank General administrative expenses Utilities Motor Vehicle Bookkeeping Subscriptions Building Project Rent collection, property repairs and maintenance charges Analysis Expenditure on raising funds: |
Analysis | Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ |
|---|---|---|---|---|---|---|
| Incurred seeking donations | - | - | - | - | - | |
| Incurred seeking legacies | - | - | - | - | - | |
| Rent collection, property repairs and maintenance charges |
16,645 | 16,490 | - | 33,135 | 34,765 | |
| Refurbishment | - | - | - | |||
| Total expenditure on raising funds | 16,645 | 16,490 | - |
33,135 | 34,765 | |
| Ministry Expenses | 2,123 | - | - | 2,123 | 3,938 | |
| Donations and dedicated givings | 655 | - | - | 655 | 1,295 | |
| Foodbank | - | 5,894 | - | 5,894 | 6,886 | |
| Total expenditure on charitable activities |
2,778 | 5,894 | - | 8,672 | 12,118 | |
| Employee costs | 24,369 | 7,104 | - | 31,473 | 26,215 | |
| Manse costs | 4,602 | - | - | 4,602 | 5,820 | |
| Insurance | 2,151 | 2,625 | 4,776 | 3,188 | ||
| General administrative expenses | 7,178 | - | 7,178 | 5,209 | ||
| Utilities | 14,083 | 448 | 14,532 | 10,247 | ||
| Motor Vehicle | 1,980 | 260 | 2,240 | 1,634 | ||
| Bookkeeping | 3,413 | 3,413 | 1,594 | |||
| Subscriptions | 1,304 | 1,304 | 2,616 | |||
| Building Project | 140,111 | 140,111 | 14,557 | |||
| Total | 59,081 | 150,548 | - | 209,629 | 71,080 | |
| Depreciation on Motor Vehicle | 235 | - | - | 235 | 940 | |
| Depreciation on Manse | - | - | - | - | - | |
| Depreciation on Molly Berry House | - | - | - | - | - | |
| Depreciation on Furniture & Fixtures | 1,901 | 805 | - | 2,706 | 2,167 | |
| - | - | - | - | - | ||
| Total other expenditure | 2,136 | 805 | - | 2,941 | 3,107 | |
| 80,641 | 173,737 | - | 254,378 | 121,070 |
- 13 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts
Note 6 Details of certain items of expenditure
Fees for examination of the accounts
Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).
| Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es). |
||
|---|---|---|
| Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees |
This year £ |
Last year £ |
| 450 | 450 | |
- 14 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 7 Paid employees Please complete this note if the charity has any employees.
7.1 Staff Costs
| Salaries and wages Social security costs Other employee benefits Total staff costs Pension costs (defined contribution scheme) Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party |
This year £ |
Last year £ |
|---|---|---|
| 28,169 | 22,470 | |
| 146 | 217 | |
| 3,158 | 3,528 | |
| - | - | |
| 31,473 | 26,215 | |
| None |
Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 TRUE
Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity
| Pastor | £9,951 |
|---|---|
| Church Administrator | £5,046 |
| Facilities Manager/ Foodbank Admin |
£7,619 |
| Foodbank Manager | £5,814 |
| TOTAL | £28,430 |
| This year Number |
This year Number |
Last year Number |
||
|---|---|---|---|---|
| The parts of the charity in which the employees work 11.2 Average head count in the year 11.3 Ex-gratia payments to employees a 11.4 Redundancy payments |
||||
| Governance | 3 | 3 | ||
| Charitable Activities | 2 | 1 | ||
| Other | ||||
| Total | 5 | 4 | ||
| nd others (excluding trustees) | ||||
| None | ||||
| None |
| This year Number |
This year Number |
Last year Number |
||
|---|---|---|---|---|
| The parts of the charity in which the employees work 11.2 Average head count in the year 11.3 Ex-gratia payments to employees a 11.4 Redundancy payments |
||||
| Governance | 3 | 3 | ||
| Charitable Activities | 2 | 1 | ||
| Other | ||||
| Total | 5 | 4 | ||
| nd others (excluding trustees) | ||||
| None | ||||
| None |
- 15 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 8 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.
8.1 Please complete this note if a defined contribution pension scheme is operated.
Amount of contributions recognised in £3,158 the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between Contribution to London Baptist Association pension Fund activities and between restricted and unrestricted funds.
8.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and No liabilities.
8.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.
----- Start of picture text -----
No
----- End of picture text -----
- 16 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont
Note 9 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.
9.1 Analysis of grants paid (included in cost of charitable activities)
| Analysis | ~~Grants to~~ institutions |
~~Grants to~~ individuals |
Support costs | Total |
|---|---|---|---|---|
| Foodbank Relief Fund | 973 | 973 | ||
| VisitingPreachers | 75 | 75 | ||
| BirthdayVouchers | 100 | 100 | ||
| Travel for Volunteers | 0 | 0 | ||
| Gift cards for foodbank volunteers | 500 | 500 | ||
| Food / FamilySupport | 0 | 0 | 0 | |
| Total | 1,648 | 0 | 1,648 |
Please enter “Nil” if the charity does not identify and/or allocate support costs.
9.2 Grants made to institutions
My charity has made grants to particular institutions that are material in the context of its grantmaking. Details of the institution supported, purpose of the grant and total paid to each institution is available on the charity's web site. No
- 17 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 10 Tangible fixed assets
| Note 10 Tangible fixed assets | Note 10 Tangible fixed assets | Note 10 Tangible fixed assets | Note 10 Tangible fixed assets | Note 10 Tangible fixed assets | |
|---|---|---|---|---|---|
| Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment £ £ £ £ At the beginning of the year 4,175,000 - 4,700 19,455 Additions - -3,900 Revaluations - - - - At end of the year 4,175,000 - 4,700 23,355 *Basis* SL SL SL SL Rate 1% 20% 33% At beginning of the year 40,000 - 4,465 15,303 Depreciation - - 235 2,706 At end of the year 40,000 - 4,700 18,009 Net book value at the beginning of the year 4,135,000 - 235 4,153 Net book value at the end of the year 4,135,000 - - 0 5,347 10.4 Impairment 10.2 Depreciation and impairments 10.1 Cost or valuation Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss. * Straight Line ("SL")* 10.3 Net book value** |
|||||
| Freehold land & buildings £ |
Other land & buildings £ |
Plant, machinery and motor vehicles £ |
Fixtures, fittings and equipment £ |
Total £ |
|
4,175,000 |
- | 4,700 | 19,455 | 4,199,155 | |
| - | - | 3,900 | 3,900 | ||
| - | - | - | - | - | |
| 4,175,000 | - | 4,700 | 23,355 | 4,203,055 | |
| SL | SL | SL | SL | SL | |
| 1% | 20% | 33% | |||
| 40,000 | - | 4,465 | 15,303 | 59,768 | |
| - | - | 235 | 2,706 | 2,941 | |
| 40,000 | - | 4,700 | 18,009 | 62,709 | |
| 4,135,000 | - | 235 | 4,153 | 4,139,388 | |
| 4,135,000 | - | - 0 | 5,347 | 4,140,346 | |
| N/A |
| 10.5 Revaluation Note 14 Stocks Note 13 Investment assets Note 12 Heritage assets Note 11 Intangible assets the name of independent valuer, if applicable the carrying amount that would have been recognised had the assets been carried under the cost model. (i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. the methods applied and significant assumptions 10.6 Other disclosures (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities. If an accounting policy of revaluation is adopted, p the effective date of the revaluation |
lease provide: | lease provide: |
|---|---|---|
| 05/06/2018 |
||
| Natwest Bank | ||
| Estimates based on other properties on the market in the area, the condition of the properties, and market conditions |
||
| None in the period reported | ||
| Loan of £25,000 from the London Baptist Association repayable only on closure of the church or if the church left the Association |
||
| 0 | ||
| Nil | ||
| Nil | ||
| Nil | ||
| Nil |
- 18 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 15 Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
15.1 Analysis of debtors Salary advance Loans Trade debtors Prepayments and accrued income Other debtors
| Total | This year £ |
Last year £ |
|---|---|---|
| 1,782.5 | 1,782.5 | |
| 1,500.0 | 1,500.0 | |
| 2,537.6 | 1,305.3 | |
| 2,141.9 | 1,426.9 | |
| 7,962.0 | 6,014.7 |
Note 16 Creditors and accruals Please complete this note if the charity has any creditors or accruals.
16.1 Analysis of creditors
Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income Taxation and social security Other creditors Total |
Amounts falling due within one year |
Amounts falling due within one year |
Amounts falling due after more than one year |
Amounts falling due after more than one year |
|---|---|---|---|---|
| This year £ |
Last year £ |
This year £ |
Last year £ |
|
| - | - | 25,000 | 25,000 | |
| - 283 | - | - | 29,018 | |
| 24,057 | 9,374 | - | - | |
| - | - | - | - | |
| 1,134 | 2,978 | - | - | |
| 1,214 | 1,397 | - | - | |
| 67 | 396 | - | - | |
| 26,188 | 14,146 | 25,000 | 54,018 |
16.2 Deferred income
Nil
- 19 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 17 Provisions for liabilities and charges
17.1 Description of any obligations on the balance sheet Accruals of £1134 for utility bills. and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount The charity is 100% sure that when the bills come, they or timing of those outflows; and will be paid. - the amount of any expected reimbursement, stating There are enough funds in the current account to pay the amount of any asset that has been recognised for the bills. that expected reimbursement.
| 17.2 Movements in recognised provisions and funding commitment during the p Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period |
eriod | eriod |
|---|---|---|
| This year £ |
Last year £ |
|
| 2,978 | 7,206 | |
| - | - | |
| - 1,844 | - 4,228 | |
| - | - | |
| 1,134 | 2,978 |
17.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified). N/A 17.4 Where unrestricted funds have been designated to a fund commitment, please disclose N/A
Note 18 Other disclosures for debtors, creditors and other basic financial instruments
18.1 Please provide information about the The charity is confident that the amounts in debtors and significance of financial instruments (eg. debtors, creditors will be paid. The charity is also confident that creditors, investments etc) to the charity's financial all loans will be paid when due. position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk The charity has not provided any financial assets as a 18.2 If the charity has provided financial assets as a form of security form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.
Note 19 Contingent liabilities and contingent assets
Nil
- 20 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 20 Cash at bank and in hand
| Note 20 Cash at bank and in hand | ||
|---|---|---|
| Barclays accounts Barclays Foodbank account Natwest account Charities fund Deposit acccount Petty Cash Other Cash at bank and on hand Total Short term cash investments (less than 3 months maturity date) Short term deposits |
This year £ |
Last year £ |
| - | - | |
| - | - | |
| - | - | |
| 15,947 | 73,525 | |
| 80,711 | 12,727 | |
| 49,622 | 110,827 | |
| 559 | 559 | |
| 7,457 | 7,457 | |
| 1,509 | 1,101 | |
| 523 | -38 | |
| 156,329 | 206,157 |
Note 21 Fair value of assets and liabilities
21.1 Details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.
Exposure to credit risk £2,537.61; Liquidity risk £0; Market risk £0
21.2 Details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at None fair value through the SoFA that is attributable to changes in credit risk.
Note 22 Events after the end of the reporting period
----- Start of picture text -----
None
----- End of picture text -----
- 21 -
All Nations Baptist Church
Charity Registration Number 1133860
Note 23 Charity funds
23.1 Details of material funds held and movements during the CURRENT reporting period
Details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Fund names | Type PE, EE **R or UR *** |
Purpose and Restrictions |
Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
| Colin Ashdown Legacy | EE | Restricted to BuildingProjects | 20,776 | - | - | - | - | 20,776 |
| Connie Stone Legacy | EE | Restricted to Over 60's work | 1,000 | - | - | - | - | 1,000 |
| Crossroads Fund | R | Restricted to Youth work | 2,500 | - | - | - | - | 2,500 |
| Crossroads Fund | R | Restricted to Counsellingwork | 1,500 | - | - | - | - | 1,500 |
| Molly Berry House Fund | R | Restricted to paying off Natwest Loan, Tenants deposits, Building projects and other projects |
362,070 | 72,340 | - 158,622 | - | - | 275,788 |
| Collection for Syria | R | Restricted for aid to Syria | 348 | - | - | - | - | 348 |
| BuildingFund | R | Restricted to BuildingProjects | - | 1,008 | - | - | - | 1,008 |
| Revaluation Reserve | Revaluation of buidings | 3,850,472 | - | - | - | 3,850,472 | ||
| Brownies Fund | R | Restricted to Brownies work | 50 | 50 | ||||
| General Purpose Fund | U | Unrestricted | 33,099 | 74,467 | - 80,641 | - | 26,926 | |
| Foodbank | R | Restricted to Foodbank activities | 11,581 | 76,615 | - 15,115 | **73,081 ** | ||
| - | - | - | - | - | - | |||
| - | - | - | - | - | - | |||
| Other funds | N/a | N/a | - | - | - | - | - | - |
| Total Funds | 4,283,397 | 224,430 | - 254,378 | - | - | 4,253,449 |
- 22 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 23 Charity funds (cont)
23.2 Details of material funds held and movements during the PREVIOUS reporting period
Details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balnace sheet.
* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds
| unrestricted funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Fund names | Type PE, EE **R or UR *** |
Purpose and Restrictions | Fund balances brought forward £ |
Income £ |
Expenditure £ |
Transfers £ |
Gains and losses £ |
Fund balances carried forward £ |
| Colin Ashdown Legacy | EE | Restricted to BuildingProjects | 20,776 | - | - | - | - | 20,776 |
| Connie Stone Legacy | EE | Restricted to Over 60's work | 1,000 | - | - | - | - | 1,000 |
| Crossroads Fund | R | Restricted to Youth work | 2,500 | - | - | - | - | 2,500 |
| Crossroads Fund | R | Restricted to Counsellingwork | 1,500 | - | - | - | - | 1,500 |
| Molly Berry House Fund | R | Restricted to paying off Natwest Loan, Tenants deposits, Building projects and otherprojects |
316,969 | 75,571 | - 30,469 | - | - | 362,070 |
| Collection for Syria | R | Restricted for aid to Syria | 348 | - | - | - | - | 348 |
| BuildingFund | R | Restricted to BuildingProjects | - | - | - | - | - | - |
| Revaluation Reserve | Revaluation of buidings | 3,850,472 | - | - | - | 3,850,472 | ||
| Brownies Fund | R | Restricted to Brownies work | 50 | 50 | ||||
| General Purpose Fund | U | Unrestricted | 18,530 | 93,275 | - 78,706 | - | 33,099 | |
| Foodbank | R | Restricted to Foodbank activities | 5,260 | 13,947 | - 7,625 | 11,581 | ||
| Other funds | N/a | N/a | - | - | - | - | - | - |
| Total Funds | 4,217,405 | 182,793 | - 116,800 | - | - | 4,283,397 |
- 23 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts
Note 23 Charity funds (cont)
23.3 Transfers between funds
| Reason for transfer and where endowment is converted to income, legal power for its conversion |
Amount |
|
|---|---|---|
| Between unrestricted and restricted funds |
None | |
| Between endowment and restricted funds |
None | |
| Between endowment and unrestricted funds |
None | |
23.4 Designated funds
| 23.4 Designated funds | ||
|---|---|---|
| Planned use | Purpose of the designation | Amount |
| None designated |
- 24 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont)
Note 24 Transactions with trustees and related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.
24.1 Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)
FALSE
In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.
| Name of trustee | Legal authority (eg order, governing document) |
Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value | Amounts paid or benefit value |
|---|---|---|---|---|---|---|
| This year | Last year | |||||
| Remuneration |
Pension contribution |
Redundancy (including loss of office)/ex gratia |
TOTAL | |||
| £ | £ | £ | £ | |||
| Pastor Paul Ogunyemi | Governing document |
9,960 | 0 | |||
Please give details of why remuneration or other employment benefits were paid. Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.
The Minister may receiver remuneration as per clause 23 of the All Nations Baptist Church Constitution
24.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".
| please enter "False". | please enter "False". | ||
|---|---|---|---|
| No trustee expenses have been incurred (True or False) | FALSE | ||
| Type of expenses reimbursed | This year | Last year | |
| £ | £ | ||
| Other (please specify): | |||
| Trustees and persons connected with them received reimbursement for payments made on behalf of the church as follows:. |
|||
| P. Ogunyemi | 136 | 1,152 | |
| J Modder | 827 | 1,812 | |
| L Neal | 0 | 230 | |
| TOTAL | £963 | £3,194 | |
| Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity |
|||
| 1 |
24.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.
There have been no related party transactions in the reporting period (True or False) TRUE
- 25 -
All Nations Baptist Church
Charity Registration Number 1133860
Section C Notes to the accounts (cont) Note 25 Additional Disclosures
None
- 26 -