2023-03-31-accounts - Horley Baptist Church

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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 &	Liabilities
Page	9-12	Notes to the Accounts


TRUSTEES		Date Appointed	Term of Office
		(if during Year)	Ended
Mrs Janet Banfield
Mr Bernard Bellingham
Mrs Sue Duff (Treasurer)
Mr lan Gray
Mr Darren Jones (Children	and Families Pastor)
Dr David Makanjuola
Mrs Gillian Martin
Mr Christiaan Muller		Mar-23
Mr Neil Robinson
Mrs Angie Robinson			Mar-23
Rev Martin Shorey (Minister)
Mrs Helen Sweet		Mar-23
Mrs Sandra Turner
PRINCIPAL BANKERS
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill,
West Mailing,
Kent ME194JQ

		Notes	Unrestricted	Restricted	Endowment	2023	2022
Receipts				Funds	Funds	E,	E
Voluntary receipts
Donations, Grants and Gift Aid Receipts		2a	177,256	9,383	49,207	235,846	277,329
Other Receipts		2b	59,058		3,820	62,879	55,479
Total Receipts			236,314	9,383	53,027	298,724	332,807
Payments
Payments in furtherance	ofthe church's	objectives
Direct costs		3	222,099	6,725	56,400	285,224	296,621
Grants paid			27,900	3,150		31,050	32,479
Total Payments			249,999	9,875	56,400	316,274	329,099
Net Receipts/(Payments)			(13,686)	(491)	(3,373)	(17,549)	3,708
before transfers
Balances B/F			72,175	5,452	138,673	216,300	212,592
Balances C/F			58,489	4,961	135,300	198,750	216,300

Assets
					Original Cost
The value ofthe assets		owned	are:		6
~Buildin	s
Church	Building &Land	(Phase 12015Excluding		kitchen eqt- see below)	2,295,266
Manse	last revaluation	2021			470,000
			Total Buildings		2,765,266

		Fixtures and Fittin s over 6	Fixtures and Fittin s over 6	1000	1000
		Current Furniture and fittings		in use, at cost price				114,086
2.	Bank	&Cash Balances		Total Fixed Assets				2,879,352
								2023	2022
								E	6
		Held at Bank (includes agreed unrestricted				funds retention	of615,000)	59,848	80,850
		Long Term Deposits						138,689	135,223
		Cash float						213	227
				Total Bank and	Cash Balances			198,750	216,300
3.	Other	Assets &Liabilities
		Assets
		Gift aid tax recovery not	yet	received				19,235	18,617
		Other monetary assets
		Hire of Premises - Debtors						3,600	1,027
				Total Current Assets				22,835	19,643
		Liabilities
		Loan from Baptist Union						125,298	174,080
		The above loan is repayable in monthly instalments 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 Unbilled fee for Independent Examination				Employer Debt	(Scheme now closed;	0 1,380	2,860 1,300
		Other creditors
		Cleaning						487	421
		Utilities - Phones, Gas and Electricity						2,204	1241
		Members &Staff expenses
		Building Maintenance/ Contractors/			Suppliers			163
				Total Current Liabilities				129,532	179903


2.Receipts									Unrestricted	Restricted	Endowment	Total	Total
									Funds	Funds	Funds	2023	2022
									5	6	6	5	5
2a. Donations &gifts	received
Donations &gifts received									145,455	8,199	39,487	193,142	236,675
Government Furlough	Scheme Income											0	1,162
Grants Received									1,800	300		2,100	0
Tax refunds under Gift	Aid								30,000	885	9,719	40,604	39,491
									177,256	9,383	49,207	235,846	277,329
2b. Other receipts
Interest received									17		3,820	3,838	737
Solar PV Feed in Tariff	Income								1,509			1,509	1,568
Premises Hire Income									57,532			57,532	53,173
									59,058		3,820	62,879	55,479
								Total Income	236,314	9,383	53,027	298,724	332,807
3.Direct costs									Unrestricted	Restricted	Endowment	Total	Total
									Funds	Funds	Funds	2023	2022
									6	6	6	6	6
Employment costs (Note			5)						131,667		0	131,667	128,848
Manse Property running		costs (Note				6)			16,321			16,321	18,139
Light, heat &water									11,793		0	11,793	7,485
Insurance									2,772			2,772	2,956
Cleaning &Maintenance		of buildings				&equipment			16,561		0	16,561	14,008
Capital Building Repairs		and Improvements							10,720			10,720	130
Costs of Ministry, Church			activities and Support services						23,541	3,378	0	26,919	12,005
Outreach activities									3,221			3,221	587
Work among the young									2,487			2,487	2,256
Work amongst the elderly,				vulnerable		groups	and those	with special
needs									591	2,308		2,899	3,722
Payments made on behalf				of Horley	Churches		Ministers'	fraternal					207
Equipment and Fixtures		and Fittings								139		139	1,562
Building Works and Associated Fees													0
Loan Capital Repayments				(Building	loan from		Baptist Union)				48,782	48,782	95,409
Independent examination			and Legal		Costs				2,078			2,078	1,915
Fundraising Costs
Other costs, including	loan			finance charges, interest and				refunded
charges											7,618	7,966	7,393
									222,099	6,725	56,400	285,224	296,621

Pa men m	d inth		r
				2023	2022
Defined Contribution Plan:
Employee	contributions			9,015	8,504
Employer	contributions			6,762	6,378
				15,777	14,883
Deficiency contributions		to	Defined Benefit Plan (reduced to nominal 61per month Aug 22)	2,868	8,487	See notes
				18,645	23,370

10. Mo	vement of	End	owment Fun	ds			Balance
									Transfer
							1.4.22	Receipts	in/out	Payments	31.3.23
							6	6		6	6
Building	Fund - monies		held towards	any phase of building		works,
including	donations	towards Phase 1loan repayment					126,602	51,668	0	(56,400)	121,870
Building	Fund - Monies		held for Phase 2future building		works		12,071	1,360	0	0	13,430
							138,672	53,027	0	(56,400)	135,300