# ## ## ## |Contents||Pages| |---|---|---| |Trustees'
Annual
Report||| |Reference 8 Administrative|Information|| |Report ofthe Independent|Examiner|| |Statement of Financial
Activities||| |Balance Sheet||| |Notes to the Accounts||9-20| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted|||| |---|---|---|---|---|---|---|---|---| |||||General|Designated|Restricted|Total Funds|Total Funds| |||||Funds|Funds|Funds|2022|2021| ||||Note|||||F| |Income from:||||||||| |Donations||||83,770|110|1,327|85,207|91,159| |Other trading
activities||||24,482|||24,482|12,204| |Investment
income||||7,590|||7,590|8,709| |Total income||||115,842|110|1,327|117,279|112,072| |Expenditure
on:||||||||| |Charitable
activities||||||||| |Grants payable||||9,474|7,250|1,327|18,051|18,795| |Costs ofactivities|in furtherance|||||||| |of charity's objects||||103,519|561||104,080|99,348| |Total expenditure||||112,993|7,811|1,327|122,131|118,143| |Unrealised
gains/(losses)|||10|1,892|||1,892|12,982| |on investments||||||||| |Net income/(expenditure)||||4,741|(7,701)||(2,960)|6,911| |Transfers
between funds|||13|4,637|(4,637)|||| |Actuarial
gains/(losses)||on|15||2,152||2,152|20,863| |defined benefit pension||||||||| |schemes||||||||| |Net movement
in funds||||9,378|(10,186)||(808)|27,774| |Total funds at 1 April|||13|22,028|5,416,890|55|5,438,973|5,411,199| |Total Funds at 31 March|||13|31,406|5,406,704|55|5,438,165|5,438,973| ## ## ||||Notes|2022|2021| |---|---|---|---|---|---| ||||||F| |Fixed assets|||||| |Tangible fixed assets|||9|5,038,438|5,039,166| |Investments|||10|152,650|150,758| |||||5,191,088|5,189,924| |Current assets|||||| |Debtors (including|debtors due||||| |after one year)||||6,205|8,587| |Short Term Deposits||||252,606|252,599| |Cash at bank||||47,225|52,127| |||||306,036|313,313| |Creditors: amounts||falling|||| |due within one|year||12|24,430|20,356| |Net current assets||||281,606|292,957| |Defined benefit pension||||(34,529)|(43,908)| |scheme
liability|||||| |Total net assets||||5,438,165|5,438,973| |Unrestricted
funds|||||| |General funds|||14|31,406|22,028| |Pensions reserve|||14|(34,529)|(43,908)| |Designated
Funds|||14|5,441,233|5,460,798| |||||5,438,110|5,438,918| |Restricted
Funds|||14|55|55| |Total funds||||5,438,165|5,438,973| ## ## ## ## ## ## ## |4|Grants payable||||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Designated|Restricted|Total Funds| |||||Funds|Funds|Funds|2022| ||Baptist Missionary|Society||7,250|||7,250| ||Baptist Home Mission||||7,250||7,250| ||Bristol Baptist College|||1,000|||1,000| ||University
of Bristol|chaplaincy||590|||590| ||Christian
Aid|||500|||500| ||Other Mission, Donations||and gifts &F250|134||1,242|1,376| ||Tyndale Circle|||||85|85| |||||9,474|7,250|1,327|18,051| |||||Unrestricted|Designated|Restricted|Total Funds| ||Prior year comparative|||Funds|Funds|Funds|2021| |||||f.|E|f.|E| ||Baptist Missionary|Society||7,250|||7,250| ||Baptist Home Mission||||7,250||7,250| ||Bristol Baptist College|||1,000|||1,000| ||University
of Bristol|chaplaincy||590|||590| ||Christian
Aid|||1,000|||1,000| ||Other Mission, Donations||and gifts &f250|500||205|705| ||Tyndale Circle|||||1,000|1,000| |||||10,340|7,250|1,205|18,795| ## ## ## ||||||||Unrestricted|Designated|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---|---|---|---|---|---|---| ||||||||Funds
f.|Funds
f.|Fundsf|2022
f.|2021f| |Minister's
stipend|and||employer's|||costs|27,198|||27,198|34,796| |Community
Minister's|||stipend||and||26,693|||26,693|30,576| |Ministry expenses|||||||405|||405|972| |Preaching fees|||||||505|||505|50| |Music, choir and worship|||||||1,664|||1,664|1,109| |Junior church and|youth|||work|||12|||12|| |Events|||||||673|||673|| |Other|||||||872|||872|232| |Link magazine|||||||251|||251|339| |Support costs|||||||||||| |Repairs,
Equipment||and||renewals|||14,182|200||14,382|2,535| |Household
costs|||||||360|||360|465| |Heat and light|||||||10,851|||10,851|8,928| |Depreciation|||||||728|||728|856| |Council tax and rates|||||||6,664|||6,664|6,117| |Insurances|||||||7,485|||7,485|6,781| |Office, paper 8 print||costs|||||859|||859|669| |Telephone
and postage|||||||1,134|||1,134|1,156| |Fees and subscriptions|||||||1,423|||1,423|875| |Governance
costs|||||||||||| |Independent
examiner's||||fee|||1,560|||1,560|1,434| |Interest cost||||||||361||361|1,458| ||||||||103,519|561||104,080|99,348| |2022
f.|2021f| |---|---| |1,560|1,434| ## ## ## |7|Fund-accounting
c|ompar|ative
figures||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|||| |||||General|Designated|Restricted|Total Funds| |||||Funds|Funds|Funds|2021| |||||f.|E|f.|E| ||Income from:||||||| ||Donations|||89,929|25|1,205|91,159| ||Other trading
activities|||12,204|||12,204| ||Investment
income|||8,709|||8,709| ||Total income|||110,842|25|1,205|112,072| ||Expenditure
on:||||||| ||Charitable
activities||||||| ||Grants payable|||10,340|7,250|1,205|18,795| ||Costs ofactivities
in|furtherance|||||| ||ofcharity's objects|||97,890|1,458||99,348| ||Total expenditure|||108,230|8,708|1,205|118,143| ||Unrealised
(losses) on||||||| ||investments|||12,982|||12,982| ||Net income/(expenditure)|||15,594|(8,683)||6,911| ||Transfers
between|funds||(13,357)|13,357||| ||Actuarial
gains/(losses)||on defined||20,863||20,863| ||benefit pension schemes||||||| ||Net movement
in funds|||2,237|25,537||27,774| ||Total Funds at 1 April|||19,791|5,391,353|55|5,411,199| ||Total Funds at 31 March|||22,028|5,416,890|55|5,438,973| |8|Salaries|||||2022|2021| ||||||||F| ||Salaries|||||44,407|53,576| ||National
Insurance||||||983| ||Employer's
pension|contributions||||5,533|6,528| |||||||49,940|61,087| ## ## ## ## ## ## ## ## ## |10|Investments||||| |---|---|---|---|---|---| |||||2022|2021| |||||E|F| ||Market value at|1 April||150,758|137,776| ||(Losses)/Gains|in the year||1,892|12,982| ||Market value at|31 March||152,650|150,758| ||Cost at 31 March|||150,000|150,000| |11|Debtors||||| |||||2022|2021| ||||||F| ||Income tax recoverable|||3,804|4,949| ||Other debtors|||2,401|3,638| |||||6,205|8,587| |12|Creditors
Falling Due||Within One Year||| |||||2022|2021| |||||f.|| ||Other creditors|||21,700|16,890| ||Accruals and deferred||income|2,730|3,466| |||||24,430|20,356| ## ## ## ## |||At 1 April|Income|Expenditure|Transfers||Gains/Losses|At 31 March| |---|---|---|---|---|---|---|---|---| |||2021||||||2022| |||f.||||||E| |Restricted funds||||||||| |Bristol Sunday|School|55||||||55| |Tyndale Circle||||(85)||85||| |Special collections|||1,327|(1,242)||(85)||| |||55|1,327|1,327||||55| |Unrestricted|funds|||||||| |Designated
funds||||||||| |Trust fund||32,794||||||32,794| |Fabric fund||37,418||||||37,418| |Glover fund||37,927||||||37,927| |The Mission Fund||||(7,250)|7,250|||| |Garden
Fund||271||||||271| |Organ Fund||25|110|(200)||525||460| |Legacies fund||318,050|||(20,000)|||298,050| |Fixed asset designated
fund||5,034,313||||||5,034,313| |Pension reserve||(43,908)||(361)|7,588||2,152|(34,529)| |||5,416,890|110|7,811|4,637||2,152|5,406,704| |General funds||22,028|115,842|(112,993)|4,637||1,892|31,406| |Total funds||5,438,973|117,279|(122,131)|||4,044|5,438,165| ## ## ## ## |Prior year||||||||| |---|---|---|---|---|---|---|---|---| ||||At 1 April|Income|Expenditure||Actuarial|At 31 March| ||||2020|||Transfers|gains/losses|2021| ||||f.|||f.||f.| |Restricted funds||||||||| |Bristol Sunday||School|55|||||55| |Tyndale Circle||||1,000|(1,000)|||| |Special collections||||205|(205)|||| ||||55|1,205|1,205|||55| |Unrestricted||funds||||||| |Designated|funds|||||||| |Trust fund|||32,794|||||32,794| |Fabric fund|||37,418|||||37,418| |Glover fund|||37,927|||||37,927| |The Mission|Fund||||(7,250)|7,250||| |Garden
Fund||||||271||271| |Organ Fund||||25||||25| |Legacies Fund|||318,050|||||318,050| |Fixed asset designated||||||||| |fund|||5,034,313|||||5,034,313| |Pension reserve|||(69,149)||(1,458)|5,836|20,863|(43,908)| ||||5,391,353|25|8,708|13,357|20,863|5,416,890| |General funds|||19,791|110,842|(95,248)|(13,357)||22,028| |Total funds|||5,411,199|112,072|105,161||20,863|5,438,973| ## ## ## ## ## |The key financial|assumptions|underlying|the valuation|were as follows:|| |---|---|---|---|---|---| |Type ofassumption|||||0/o pa| |RPI price inflation|assumption||||3.2| |CPI price inflation|assumption||||2.7| |Minimum
Pensionable
Income||increases|(CPI plus 0.75'/0 pa)||3.2| |Assumed
investment
returns|||||| |- Pre-retirement|||||2.95| |- Post retirement|||||1.7| |Deferred pension|increases||||| |- Pre April 2009|||||3.2| |- Post April 2009|||||2.5| |Pension increases|||||| |- Main Scheme pension|||||2.7| ## ## ## |Section 28.11AofFRS102 requires agreed defic
provision
is set out in the table below:|it recovery payments
to be r|ecognised as a l| |---|---|---| |Accounting
date (year ending)|31 March 2022|31 March 2021| |Balance sheet liability at year start|-F43,908|-F69,149| |Minus deficiency contributions
paid|F7,588|f5,836| |Interest cost (recognised
in SOFA)|-E.361|-E.1,458| |Remaining
changes to balance sheet|f2,152|F20,863| |liability* (recognised
in SOFA)||| |Balance sheet liability at year end|-E34,529|-E43,908| |Accounting|date|||31 March 2022|31 March 2021|31 March 2020| |---|---|---|---|---|---|---| |Discount rate||||3.00%|0.90%|2.20%| |Future increases to Minimum||Pensionable|Income|4.30%|3.50%|2.80%| ## ##