2022-03-31-accounts - Horley Baptist Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Page	1	Legal &Administrative	Details
Pages	2-5	Trustees' Report
Page	6	Independent Examiner's	Report
Page	7	Receipts and Payments	Account
Page	8	Statement ofAssets 8	Liabilities
Page	9-12	Notes to the Accounts

The tru	stee	s declare that they have approved the trus	tees' report above.
Signed	on	behalf ofthe charity's trustees
Signed		NGLRo~	Full Name	NEIL ROBINSON
Signed		S~D~	Full Name	SUE DUFF

		Notes	Unrestricted	Restricted	Endowment	2022	2021
Receipts				Funds	Funds		F
Voluntary receipts
Donations, Grants and Gift Aid Receipts		2a	174,196	6,408	96,724	277,329	293,033
Other Receipts		2b	55,011		467	55,479	15,618
Total Receipts			229,208	6,408	97,191	332,807	308,652
Payments
Paymentsin furtherance	ofthe church's	objectives
Direct costs		3	188,336	5,621	102,664	296,621	279,816
Grants paid			27,812	4,667		32,479	29,110
Total Payments			216,147	10,288	102,664	329,099	308,926
Net Receipts/(Payments)			13,060	(3,880)	(5,473)	3,708	(274)
before transfers
Balances B/F			59,115	9,332	144,146	212,592	212,866
Balances C/F			72,175	5,452	138,673	216,300	212,592

		Fixtures and Fittin s over 8	Fixtures and Fittin s over 8	1000
		Current Furniture and fittings		in use, at cost	price					114,086
				Total Fixed Assets						2,879,352
2.	Bank	&Cash Balances
										2022	2021
										F
		Held at Bank	(includes agreed unrestricted				funds retention		ofF15,000)	80,850	77,926
		Long Term Deposits								135,223	134,491
		Cash float								227	175
				Total Bank and		Cash Balances				216,300	212,592
3.	Other	Assets 8 Liabilities
		Assets
		Gift aid tax recovery not yet		received						18,617	17,706
		Other monetary assets
		Hire of Premises -	Debtors							1,027	821
		Inland Revenue - SMP rebate due
				Total Current Assets						19,643	18,527
		Liabilities
		Loan from Baptist	Union							174,080	269,489
		The above loan is repayable		in monthlyinstalments			and is repayable in full by 31May
		2030. All other liabilities fall		due for settlement		within one year.
		Baptist Union Minister's Defined Benefits Scheme					Employer	Debt	(Scheme now closed'	2,860	71,400
		Unbilled fee for Independent		Examination						1,300	1,000
		Other creditors
		Cleaning								421	527
		Utilities -	Phones,	Gas and Electricity						1,241	1265
		Members	8 Staff expenses
		Building	Maintenance/ Contractors/			Suppliers					114
				Total Current	Liabilities					179,903	343,795


2.Receipts							Unrestricted	Restricted	Endowment	Total	Total
							Funds	Funds	Funds	2022	2021
								F
2a. Donations 8 gifts		received
Donations &gifts received							142,441	6,010	88,225	236,675	233,937
Government Furlough	Scheme Income						1,162			1,162	14,604
Tax refunds under Gift		Aid					30,594	399	8,499	39,491	44,492
							174,196	6,408	96,724	277,329	293,033
2b. Other receipts
Interest received							270		467	737	621
Solar PV Feed in Tariff		Income					1,568		0	1,568	1,543
Premises Hire Income							53,173		0	53,173	13,454
							55,011		467	55,479	15,618
						Total Income	229,208	6,408	97,191	332,807	308,652
3.Direct costs							Unrestricted	Restricted	Endowment	Total	Total
							Funds	Funds	Funds	2022	2021
										E
Employment costs (Note			5)				128,848		0	128,848	113,346
Manse Property costs		(Note 6)					18,139			18,139	17,356
Light, heat &water							7,485			7,485	7,382
Insurance							2,956			2,956	2,866
Cleaning &Maintenance		of buildings		&equipment			14,008			14,008	12,698
Capital Building Repairs and Improvements								130		130	44,210
Costs of Ministry, Church			activities and Support services				12,005			12,005	14,476
Outreach activities							587			587	552
Work among the young							2,256			2,256	839
Work amongst the elderly,			vulnerable	groups	and those	with special
needs								3,722		3,722	4,379
Payments made on behalf			of Horley	Churches Ministers'		fraternal		207		207	-200
Equipment and Fixtures		and Fittings						1,562		1,562	4,258
Building Works and Associated Fees
Loan Capital Repayments			(Building	loan from Baptist Union)					95,409	95,409	47,378
Independent examination			and Legal	Costs			1,915			1,915	1,110
Fundraising Costs
Other costs, including	loan finance charges,				interest and	refunded
charges							138		7,255	7,393	9,165
							188,336	5,621	102,664	296,621	279,816

Pa ments m	ade in the	ear
				2022	2021
Defined Contribution Plan:
Employee	contributions			8504	7671
Employer	contributions			6378	5753
				14883	13424
Deficiency contributions		to Defined Benefit Plan (reduced rate July to Dec 2020 during	pandemic)	8,487	6269 See notes
				23370	19693


9. Movement	ofRestricted Funds									Balance					Balance
										at	1.4.21 F	Receipts 6	Transfers	Payments f	at 31.3.22
Pastoral Funds											2,346	2,713	0	(3,722)	1,337
Mission Funds											1,138	3,110	0	(4,667)	(419)
Funds Held on	Behalf of Horley Ministers'			fraternal							770	456		(207)	1,019
Funds given for	Development of Online Ministry										5,078		0	(1,562)	3,516
Manse Repairs/	Renewals Fund (for		Property		Improvements,
Equipment and	Fittings)										0	130		(130)	0
											9,333	6,408		(10,288)	5,452
The Mission Fund is used to collect		gifts given			for specific mission works or charitable causes.
The Manse Repairs/Renewals Fund			contained			monies	donated		towards	a planned	extension	to the Church	owned Manse. Building		works
commenced in	Summer 2020, using		these funds			plus some		funds held		in designated	funds, also committed		to the project.
10. Movement	ofEndowment Funds									Balance
													Transfer
										at	1.4.21	Receipts	in/out	Payments	31.3.22
											F	6
Building Fund -	monies held towards		any	phase		of building		works,
including donations towards Phase		1 loan		repayment						136,446		92,820	0	(102,664)	126,602
Building Fund -	Monies held for Phase 2 future				building		works				7,700	4,371	0	0	12,071
										144,145		97,191	0	(102,664)	138,672