## **CROFTON BAPTIST CHURCH – ANNUAL REPORT 2020** 

## **Statutory Information:** 

## **Registered Address:** 

100 Crofton Lane Orpington BR5 1HD 

As from 09/02/2010, Crofton Baptist Church (CBC) became a registered charity. CBC’s Registered Charity number is 1134220. 

**Trustees:** Deanne Davies (Church Secretary) Rev Adrian Judd (Pastor) - paid - from 01/09/12 Peter Newton (Chair of Finance Team/Treasurer) Wole Adeloye (Elder) Rachel Davis David Coles (Elder) Rachel Dungate Christopher Munday (Elder) Diane Moss Marcus Honeysett (Elder) - resigned 10/01/20 Eric Quartey Andrew Crowson (Church Manager) - paid - from Philip Walter 07/09/16 

**Property Trustees: Bankers:** The Baptist Union Corporation Limited Barclays Bank PLC Baptist House 229 High Street 129 Broadway Orpington Didcot Kent Oxfordshire OX11 8RT BR6 0JU **Independent Examiner:** Mark Jarrold CAF Bank Ltd 60 Ravensbury Road 25 Kings Hill Avenue Orpington BR5 2NN Kings Hill West Malling Kent ME19 4JQ HSBC 249 High St Orpington BR6 0NR 

## **Annual Report for 2020** 

The trustees present their Annual Report and Financial Statements for 2020. 

## **Charitable Object** 

The Charity is governed by a Constitution which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the church shall determine. The church occupies premises which are held, by the Baptist Union Corporation Limited, on Trusts which are entirely compatible with the above object. 

## **Organisational Structure and Decision-Making Process** 

Crofton Baptist Church is an unincorporated association with Managing Trustees appointed by a meeting of members (the “Church Meeting”). Church membership is open to all who profess repentance towards God and faith in the Lord Jesus Christ. They also accept the deity of the Lord Jesus Christ, the authority of the Holy Scriptures and the interpretation of them usually called Evangelical. 

In accordance with the Constitution, the Church Meeting appoints the Trustees, (consisting of the Pastor and Leadership Team), to be responsible for the spiritual leadership, oversight, and administration of the church, including the financial and legal aspects of the charity. Specific duties are assigned by the Trustees to each person by mutual agreement.  New Trustees receive a pack of appropriate documentation, as listed in the document 

1 



**“Briefing New CBC Leadership Team Members”** . The Trustees submit relevant matters to the Church Meeting for guidance, or matters may be raised by members in the Church Meeting for further consideration by the Trustees. The Church seeks to work by consensus wherever possible, though the Constitution permits decisions to be made at Church Meetings by appropriate majorities. All members are encouraged to take an appropriate part in the spiritual and practical tasks involved in the furtherance of the charitable objective. 

**The Church Meeting has responsibility for the overall policy of the church, the appointment of the Charity Trustees,** and meets regularly (not less than four times per year). This was obviously not possible during the Covid pandemic. There was one in person meeting on 16[th] February, but the AGM was held via Zoom on 22/10/20. The Pastor and other staff are appointed in accordance with the Church Constitution. Charity Trustees are elected for a period of 3 years and are eligible for re-election at the end of their period of service. The Church Secretary and the Chair of the Finance Team are chosen annually by the Charity Trustees from among themselves, subject to ratification by the membership at the next Church Meeting. 

## **Objectives and Activities** 

## **Introduction** 

The Mission Statement and Objectives of the Church continue to be as follows: 

## **Crofton Baptist Church Mission Statement – ‘Helping people follow Jesus’** 

## **Crofton Baptist Church Vision –** 

- **“We exist to help people to become fully committed and equipped disciples of Jesus Christ”** 

## **We will do this through:** 

- **Jesus’ centred preaching and teaching** 

- **Prayer that is both personal and corporate** 

- **Loving relationships across the generations** 

- **Serving others as we identify and use our spiritual gifts** 

- **Passionate outreach both at home and overseas** 

- **Engaging with our society in ways that are culturally relevant** 

- **Joyful and creative worship that is grounded in Scripture** 

## **This means:** 

- **Being committed to personal spiritual growth through the regular reading of God’s word** 

- **Living as a disciple of Jesus every day of the week** 

- **Belonging to an appropriate small group / home group** 

- **Learning to share our faith in Christ in natural and unforced ways** 

- **Being involved in a group/ activity within our local community** 

- **Sharing our resources for the sake of the kingdom and for the care of others** 

- **Playing our part in a church that lives up to the image of being a church that follows Jesus Christ** 

- **• Complete submission to the Holy Spirit in both decision-making and behaviour** 

The church is committed to this vision which includes growing its interest in global mission, developing compassion ministries and to caring for people in the community. It is possible to see this commitment in the work carried out by members of the church in serving the local, wider regional, and global communities. 

## **Ministry Team Structure** 

Additionally, the church has a Ministry Team structure in place. During 2020 the nine teams have overseen various areas of church life; Youth, Community, Fellowship, Mission, Pastoral Care and Prayer, Finance, Support, Seniors, Children and the Sunday Service Ministry Team. These teams encourage members to be fully involved in the work of the church exercising their gifts and using their skills. 

## **Church Life** 

The church is committed to helping all its members grow as faithful followers and worshippers of Jesus Christ and servants of other people in the church and wider community. Sunday services provide opportunities for teaching and worship. They are also an opportunity to encourage members to be active in serving others and telling them about Jesus. Members of the Church also enjoy fun events and eating together. MP3 versions of the Sunday morning service sermons are posted on the church’s website. The numbers of business meetings were as follows: Leadership Team – 14 plus informal prayer meetings held about fortnightly, after 17/3/20 these were all held via Zoom; Church Meetings – 2 (the AGM held on 22[nd] October was conducted via Zoom). The Leadership Team held a special meeting on 17/3/20 to discuss the Church’s response to the Covid crisis and its functioning during lockdown. All on-site group activities were suspended from that date. 

2 



The Church AGM approved the annual report and annual accounts for 2019. It also considered strategy and vision for the year ahead. The regular annual Charity Trustee Election took place during November using postal and email means when Peter Newton and Deanne Davies were re-elected, and Femi Adesanya was elected to join the team from 01/01/21. 

The church membership at the end of December 2019 totalled 158 and at the end of 2020, having taken account of deaths, people moving on and new members joining, it was 153. Two adults have been baptised by immersion during the year. 

## **Achievements and Performance** 

The activities carried out during the year were necessarily limited due to the Covid-19 pandemic. The last on-site service before the first lockdown took place on 15/3/20. There was a brief resumption of on-site services from 9/9/20 to 20/12/20. These included three weekday evening communion services. Baptist Union and Government guidelines were followed throughout the pandemic with detailed Risk Assessments in place for all activities. 

Several important objectives had been agreed by the Charity Trustees and Church Meeting for 2020: 

1. Associate Pastor Appointment - to proceed with this appointment, aiming for the chosen applicant to commence their role in September 2020. 

2. Preparation of a Five-Year Vision Document - to attempt to be more strategic in our thinking and planning during the next five years. 

3. Refurbishment of the Main Kitchen - this works needs to be completed following the inspection report form the Environmental Health Officer. 

4. To continue progress towards the formation of a Discipleship Ministry Team. 

In addition, each Ministry Team set objectives for 2020 consistent with the overall objectives and those of the team itself as outlined in its original brief. 

As a result of the Covid-19 pandemic objectives 1, 2 and 4 remain outstanding. However, despite the pandemic it was possible to complete the main kitchen refurbishment during July and August. This brought it up to the standard required by the previous Environmental Health Officer’s Inspection Report. Additionally, the Associate Pastor position was advertised, but no suitable candidate was identified. In addition to these aims, the church has invested in equipment to enable the live-streaming of Sunday services. 

## **Finance Ministry Team:** 

The financial results for the year ended 31 December 2020 are set out in the accompanying Financial Statements, together with a summary of the accounting policies adopted by the charity. 

The church continues to raise the funds needed to carry on its activities from within its own membership and congregation, and in this accounting year no wider public appeal was made for funds. At the end of this accounting year the church employed 3 people. The church depends heavily on volunteers among its membership in all aspects of its activities, many of which involve little or no expenditure but nevertheless contribute substantially to the achievement of its objectives. 

As an expression of its role in the life of the wider church, the charity made grants to national and international organisations and societies whose aims, and objectives are compatible with this church’s own charitable purpose (Details are listed in the attached document **“Accounts for the Year Ended 31 December 2020”** ). 

The budget was prepared during January and approved by the Church Meeting. 

During 2009, the Finance Team formulated a reserves policy. The finances of the church are not dependent on any one income stream; for instance, it receives no income from investments other than bank account interest and does not depend on a few large donors. The church owns a minister’s residence and all its other assets outright. 

Throughout the year, the Fellowship Fund provided support to many members who were in financial need, including pensioners and those on benefits. 

Crofton Baptist Church has appropriate insurance for its buildings and contents and Employer’s Liability Insurance, as recommended and provided by the Baptist Insurance Company PLC. 

3 



CROFTON
BAPtIST
CHURCH
Helplng people follow Jesus
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2020

ITI
cn En
tn
wo
NJ
J in

Balance sheet at 31st December 2020
Notes
2020
2020
2019
2019
Fixed assets
Tangible assets
1,543,204
1,536,465
Current assets
Debtors
Cash at bank and in hand
io
li
9,956
125 961
135,917
8,720
169,684
Creditors.. Amount5 falling due in one year
12
Net current assets
Net assèts excluding pension liability
Defined benefit pension scheme liabilitv
127 096
1,670,300
21,526
1,695,798
34,452
13
Total net assets
1 $48 774
Reserves
Endowment fund
Restricted funds
Designated funds
Unrestritted funds
Total fund5
1,543,204
22,491
61,268
21
1,534,473
15
16
103,064
1661346
These accounts were approved by the Trustees on 7th June 2021 and signed on their behalf by-
Peter Newton ITreasurerl
Deanne Davie5 Isecretarvl

CROFfoN BAPTIST CHURCH
Legal information..
The Church is a Registered Charity No 1134220.
Church address..
Crofton Baptist Church
100 Crofton Lane
Orpington.
BR5 IHD
Trustees,.
The Trustees of Crofton Baptist Church were the Minister, Elders and members of the
Leadership
Team ILTI.
Wole Adeloye IElderl
David Coles (Elderl
Andrew Crowson ILT member)
Rachel Davis ILT member)
Deanne Davles ILT member)
Rachel Dungate ILT member)
Adrian Judd IMini5terl
Diane Moss ILT memberl
Christopher Munday IElderl
Peter Newton ILT memberl
Eric Quartey ILT member)
Phil Walter ILT member)
Bankers..
Barclays Bank plc
Station Square
Pett5 Wood
Orpington
Kent, BR5 ILT
Charities Aid Foundation
25 Kings Hill Avenue
Kings Hill
West Malling
Kent, ME19 4JQ
HSBC
249 Highstreet
Orpington
Kent BR6 ONR
Sollcltors:
Wellers
45 Tweedy Road
Bromley
Kent, BRI 3NF
Independent Examlner..
Mark Jarrold
23 Repton Road
Orpington
Kent, BR6 9HR

l. Accounting policie5.
a. Basis of preparation.
The accounts are prepared in atcordance with the, Charities Staten7ent of Recommended
Practlce (Charities SORP 20151, FRS102 and with the Charities Act 2011.
Crofton Baptist Church is a registered charityi no. 1134220 and meets the definition of a public
benefit entity under FRS102. Assets and liabilities are initially recognized at historical c05t or
transaction value unle55 Otherwise stated in the relevant accounting policy notes.
b. Income recognition
All incoming re50ur¢es are included in the Statement of Financial Activities when the charity is
legally entitled to the income after any performance conditions have been met, the amount
can be measured reliably and it is probable that the income will be received.
c. Donations
Donations are accounted for when received and, where applicable, Gift Aid is accrued.
d. Investment income
Investment intome is included in the account5 in the year in which it is received.
e. Expenditure recognition
All expenditure is accounted for on an accruals basis. Expenditure is recognlzed where there is
legal or constructive obligation to make payment5 to third parties, it is probable that
settlement will be required and the 8moLJnt of the obligation can be measured reliably.
f. Fundraising and publicity costs
The Church does not make formal appeals for funds thus expenditure on these item5 15 not
material.
g. Charitable Funding
The Church makes grants to other organisatlDns whose charitable objects complement its
work. It a5$0 makes grants to individuals IN furtherance of the Church's charitable objectives.
h. Fixed A55ets
The maln church building and the large hall are stated in the accounts at the insurance value in
1996. The manse and the extension to the church buildin& which was completed in 2000, Is
included at cost.
Furniture and equipment in the Ch(Trch premises are included at cost or net realisable value.

i. Depreciation
Depreciation has not been charged on land and buildings because, in the opinion of the
Trustees, the residual value of the assets is not less than the cost or valuation at which they are
Stated.
Depreciation on other fixed assets is calculated to write off the cost on a straight-line basis over
tlieir expected useful life, at the following rates..
Fixtures & filtings
Equipment, off ice and audio-visual
io%
20%
Depreciation is only charged on new assets costing over £5,000.
j.Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance Df the
general objectives of the charity and whith have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for
specific purposes. The aim and use of each designated fund is set out in the notes to the
financial statements.
Restricted funds are fund5 which are to be used in accordance with specific restrittions
imposed by donors or which have been raised by the charity for speclflc purpose5.
Elldowment funds represent those a5set5 which must be held pe¥manently by the charity,
namely the church premises and manse. Income arising on the endowment ftjnds can be used
in accordance with the objects of the charity and 15 included as unrestricted income. Any capital
gains or losses arising on the investments form part of the fund.
k. Reserves Policy
In order to meet ongoing obligations and provlde for contingency events, a Reserves Policy is In
place and is reviewed annually. Under the policy, reserves should be malntained at
approKimètely 2 months non-fabric related expendlture, which for 2020 equated to £34,000 set
aside in a designated Contin8enty Reserve Fund. The method of calculation has been reviewed
and, for 2021, the reserve will be reduced to £30,000.

2. Donations and Gifts
2020
Unrestricted
fund5
2020
Restricted
funds
2020
Total
Funds
2019
Total
Funds
Offerings
Tax refunds
Grants Received
158,758
29,922
8,400
197,080
21,350
2,646
180,108 185,586
32,568 33,384
8,400
8,000
23,996 221,076 226,970
3. Income from Charitable activities
2020
2019
Unrestricted Unrestricted
funds
funds
Friday Heroes
Holiday at Home
Capernwray trip
Seniors
Events
Other
1,065
3,482
1,410
5,400
2,064
1,419
3,484
17,259
9,723
381
651
557
12,378
The Capernwray trip could not go ahead in 2020 due to national restrictions on travel to
combat COVID infections so the income of £9,723 received from participants was relmbursed.
See al%0 note 8.
4. Investments
2020
2019
Unrestricted Unrestricted
fvnds
funds
Interest
122
273
Rents
275
122
548

5. Ministry
2020
2019
UnTestricted Unrestricted
funds
funds
Salaries
Social security costs
Pension costs
BU pension deficit contribution
Training
staff expenses
Visiting speakers
Manse
75,659
2,820
3,472
110,2021
827
2,909
75
73,927
3,653
3,806
38,005
2,89D
3,220
531
6,802
82,362
3,733
129,765
The church's Ilabillty for its share of the BU Pension deficit has been reduced as a result of the
latest artuarial valuation. See notes 13 and 14 for detail5.
Much of the church management is carried out without charge by volunteers. This intangible
cost is not included in the Statement of Financial Activities since there is no measurable c05t to
the volunteers for their service.
The Minister and Church MaTiager are both trustees and pald ernployees. The Minister's
benèfits Include the provision of manse accommodation owned by the church.
No employee recelved emoluments in excess of £60,000 during the year12019- none).
No sums were reimbursed to the Trustees for their work as Trustees, either in respect of
salaries or expenses.12019- none).
One employee participates in the Baptist Pension Scheme Defined Contribution (DCI Plan. The
other employees, including the Minister, participate in pension schemes from other providers.
6. Grant5
2020
Unrestricted
funds
2020
2020
Designated Restricted
funds
funds
2020
Total
Funds
2019
Total
Funds
SAT-7 Trust
BU Home M555ion
BMS World M issiori
Living Leadership
Spinnaker Trust
Overseas Misslonary Fellowship
8,763
8,763
8,763
4,857
3,012
5,060
500
9,263
8,763
8,763
4,857
3,012
5,060
10,137
8,560
8,560
4,750
3,050
8,554

Education Plus
Fellowship Fund
UCCF
Release International
Cedarmore Houslng
Christians Against Povertv
Orpington Food bank
Tear Fund
Nepal
Maypole Trust
Other
3,194
4,884
4,384
1,000
800
150
3,194
5,384
4,384
1,000
800
150
2,745
5,769
500
1,030
800
750
2,149
1,730
300
500
500
694
1,005
1,505
1,699
56,829
2,017
60,901
54.324
1,000
Restricted funds payments ale In respect of amounts received for distributlon to varlous
organisations or for specific purposes related to church activities, including the Fellowship Fund
which is for distribution of small glfts to members of the church fellowship to encourage them
at times of financial or other distress.
Designated funds payments are made from the Emergency Relief Fund.
7. Establlshment
2020
Unrestricted
funds
2020
2020
Deslgnated Endowment
funds
funds
2020
Total
Funds
2019
Total
Funds
Buildings
13,541
5,574
7,544
610
2,091
3,352
3,591
4,162
1,084
41,796
55,337
5,574
7,544
610
2,091
3,352
3,591
4,162
1,084
5,859
293
89,497
25,505
5,466
7,129
602
2,841
2,291
3,390
1,906
2,356
3,653
4,343
59,482
Cleaning
Telecommunicatlons
Photocopying
Insurance
LicensesJSubs
Office expenses
Publicity
Depreciation
Other
5,859
293
41,842
41,796
5,859
The designated fund payment of £41,796 was for the refurbishment of the church kitchen.

8. Activities
2020
2019
Unrestricted Unrestricted
funds
funds
Friday Heroes
Holiday at Home
Capernwray trip
Seniors
Youth & children
Events
Other
995
69
11,318
380
3,109
1,454
5,811
1,737
2,102
1,510
5,347
21.070
1,398
395
2,904
17,459
Capernwray trip costs in 2020 include the re-imbursement of amounts charged to partlclpants
1£9,7231 because the event could not take place due to Government restriction brought in to
combat the COVID pandemic. The remaining cost is for transport for which a refund could not
be obtained.
9. Assets
Flxtures
and
Office AudiL7-visual
Fittings Equipment
Equipment
Church
Premises
Manse
Total
Cost or valuation
At 1st january 2020
Additions
967,529
542,000
74,793
23,320
62,145 1,669,787
12,598
12,598
74,743 1,682,385
At 31st De￿mber 2020
967,529
542,000
74,793
23,320
Depreciation
At 1st January 2020
Charge for year
At 315t December 2020
69,299
824
19,713
1,200
20,913
44,310
3,835
48,145
133,322
5.859
139,181
70,123
Net book value
At 1st january 2020
At 31st December 2020
967,529
967,529
542,000
542,000
5,494
4,670
3,607
2,407
17.835 1,536,465
26,598 1,543,204
All of the assets are used for charitable purposes.
io

10. Debtors
2020
2019
HMRC (Gift Aid)
Sundry
9,130
826
7,894
826
9,956
8,720
11. Bank and Cash in Hand
2020
2019
Barclays Bank pl¢
CAF
45,186
41,802
38,330
643
54,175
72,252
33,896
641
HSBC
Cash
125,961
160,964
12. Credltors- amounts falling due within one year
2020
2019
Mission Societies
HMRC IPayelNII
Pension5
Sundry
Total
3,274
2,123
2,498
926
1,428
1,928
2,808
4,187
10,351
8.821
13. Defined benefit pension stheme liability
2020
2019
Bapt15t Union Pension Scheme
21,526
34,452
Section 28.IIA ol FRS 102 requires agreed deficit recovery payments to be recognised as a liabllSty.
The movement in the provision is set out in the table below.
li

31 December
2020
31 December
2019
Accounting date (year ending)..
Balance sheet liability at year start
34,452
36,683
Deficiency contrlbutions paid
12,7241
13,5531
Interest Cost
563
838
Remaining change to balance sheet
110,7651
484
Balance sheet liability at year end
21,526
34,452
Comprises any change In agreed deficit recovery plan and Change in assumptions between year-ends.
This liability represents the present value of the deficit contributions agreed a5 at the accounting date and
has been valued uslng the following assumptions set by reference to the duration of the deficit recovery
payments..
Accounting date
31 December 2020
31 December 2019
31 December 2018
Discount rate
Future increases to Minimum
Pensionable Income
0.4%
1.7%
2.4%
3.0%
3.2%
3.3%
14. Penslons
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme I'the
Scheme"), which 15 administered by the Pension Trustee IBaptist Pension Trust Limited). The Scheme 15 a
separate legal entity and the assets of the Scheme are held separately from those of the Employer and the
other participating employers.
For any month, each participating employer in the Scheme pays contributions as set out in the Schedule of
Contrlbution5 in force at that time.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. Thi5 IS
because it is not possible to attribute the Scheme'5 assets and liabilities to speclfic employers and means
that contributlons are accounted for as if the Scheme were a defined contribution scheme. The pensions
costs charged to the SOFA in the year are contributions payable towards beneflts and expense5 accrued in
that year, plus any impact of deficiency contributions.
The Minister and members of the church staff are eligible to join the Scheme.
12

From january 2012, pension provision is being made through the Defined Contribution (DCI Plan within
the Scheme. In general, member5 pay 8/0 of their Pensionable Income and employers pay 6% of members,
Pensionable Income into individual pension actounts, which are operated and managed on behalf of the
Pension Truslee by Legal and General Life A55urance Society Limited. In addilion, the ermployer pay5 a
further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an
associated insurance policy which provides income protection for Scheme members in the event that they
are unable to work due to long-term incapacity. This income protection policy has been insured by the
Baptist Union of Great Brltaln wSth Aviva plc. The further 4% contribution rate is reduced to 3% for
Employer contributlDns made to the Segregated DC Arrangement.
Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their
employers also pay a total of 5%.
Benefit5 in respect of 5eTvice prior to l January 2012 are provided through the Defined Benefit IDBI Plan
within the Scheme. The main benefits for pre-2012 seNice were a defined benefit pension of one
eightieth of Final Minimum Pensionable Income for each year of Pensionable Service, together with
additional pension in respect of premiums paid on Pensionable Income in excess of MinimLJm Pensionable
Income. The Scheme, previously known a5 the Baptist Ministers, Pension Fund, started in 1925, but wa5
closed to future accrual of defined benefits on 31 December 2011.
Actuarial valuation as at 31 December 2019
A formal valuation of the Defined Benefit IDBI Plan was performed at 31 December 2019 by a
profe55ionally qualified Actuary using the Projected Unit Method. The market value of the DB Plan assets
at the valuation date was £298m.
The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £18m
(equivalent to a past service funding level of 94%). The Chur¢h and the other employer5 SUPPOrting the DB
Plan are collectively responsible for funding this deficit.
The key assumptions underlying the valuation were as follows..
Type of flnancial assumptlon
RPI prlce inflatlon assumptlon
CPI price inflation assumption
Minimum Pensionable Income
increases (CPI plus 0.75% pal
Assumed investment returns
Pre-retirement
Post retirement
Deferred pensiL7n increases
Pre April 2009
Post April 2009
Pension increa5e5
%pa
3.20
2.70
3.20
2.95
1.70
3.20
2.50
13

Main Scheme pension
2.70
Post-retirement mortallty In accordance with 80% of the S3NFA and S3NMA tables, with allowance for
future improvements in mortality rates from 2013 in line with the CMI 2019 core projections, with a long
term annual rate of improvement of 1.75% for males and 1.58£ for females, with the core smoothing
parameter and with additional initial mortality improvement factor A-0.5%.
The next actuarial valuation of the DB Plan within the Scheme is due to take place not later than as at 31
December 2022.
Recovery Plan
In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals
deficit the Trustee and the Councll agree to a rate of deficiency contributions from churches and other
employers involved in the 08 Plan.
Under the current Recovery Plan dated 30 September 2020, deficiency contributions are payable until 30
June 2026. These Contributions are broadly based on the employer's membership at 31 December 2014
and increase anrnually in line with increases to Minlmum Pensionable Income as defined in the Rules.
However, the Trustees and the Council agreed a 51Yh reduction for all deficiency ¢ontribution5 payable
between l July 2020 and 31 De￿mber 2020.
15. Restricted funds
1st January
2020
Incoming
resources
Resour￿5
expended
31st December
2020
Assistant Minister Fund
Fellowship Fund
Missionary Fund
21,706
I,oio
1,280
23,996
21,706
510
275
22,491
500
1,005
1,505
The Assistant Minister Fund was opened In September 2020 to receive money pledged by the
congregation in Support of the employment of an Assistant Minister. No appointment to this
post was made in 2020.
The Fellowship Fund receives donations from members of the congregation for distribution of
small gifts to members of the church fellowship to encoura@e them at times of financial or
other dSstress.
The Missionary Fund receives donations from members of the congregation for distribution to
missionary organisations.
14

16. Dèsignated ￿ndS
1st Januarv
2020
Resources Transfers
expended
31st Decewnber
2020
Emergency Relief Fund
Mission Fund
Sinking Fund
Contingency Reserve Fund
500
1,000
I,OOD
500
8,564
18,204
34,000
61,268
8,564
60,000
34,000
103,064
41,796
42,796
1,000
The Emergency Relie* Fund is used to respond to appea15 for money from missionary or aid
organisatlons in respect of major disasters.
The Mission Fund is in respect of a legacy received during 2011.
The Sinking Fund relates to amounts set aside to cover major repairs such a5 roofing, heating
etc. During 2020 this fund was utilised to pay from the refurbishment of the Church kitchen.
In order to meet ongoing obligations and provide for contingency events, a Reserves Policy is in
place and is reviewed annually. Under the policy, reserves should be maintained at
approximately 2 months non-fabric related expenditure. This has been established as the
Contingency Reserve Fund.
17. Analysis of net assets
Fixed assets
Net current
assets
Total 2020
Endowment Fund5
Restricted Funds
Designated funds
Unrestricted Funds
1,543,204
1,543,204
22,491
61,268
21,811
1,648,774
22,491
61,268
21,811
105,570
1,543,204
18. Related charities
The custodian Trustee of the church 15 the Baptist Union Corporation Limited Icharity number
2496351, and which is controlled by the Baptist Union Council. The church is also a member of
15

the Baptist Union of Great Britain, the London Baptist Assotiation and Cedarmore Housing
A550ciation Lirnited.
The church made donations to the Baptist Union Home Mission Scheme, the Baptist World
Mis510n and Cedarmore Housing Assoclation Ltd, as Set out in note 6.
The church received grants from Crofton Early Learners ICELI totalling £8,40012019 - £8,000).
CEL is considered to be part of the church's outreach to the local community, therefore, any
liability arising in respert of CEL ceasing to operate would be borne by Crofton Baptist Church.
16

INDEPENDENT EXAMINER'S REPORTON THEACCOUNTS
Report to the trustees and memljers of Crofton Baptlst Church (Charity no. 11342201 on the
a¢counts for the year ended 31st December 2020 set out on pages 2 to 16.
I report to the trustees on my examination of the accounts of the above charity 1.the Trust~) for the year
ended 31st December 2020.
Responsibilitles and basls of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the
requiremènts of thè Charities Act 20111.the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act
and in carryin8 Out my examination, I have followed all the applicable Directions given by the Charity
Commission under sectlon 1451511bl of the Aci.
I have completed my examination. I confirm that no material matters have come to my attention in
¢ollnectlon with the examinatlon which gives me cause to belleve that In, any mèterlal respect..
the accounting records were not kept in accordante with section 130 of the Charities Act,. or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable reqLJtrement5 concerning the form and content of
accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair. view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no tsther matters in connection with the examination to which
attention should be drawn in this report in older to enable a proper understanding of the accounts to be
reached.
M. larrold
Date.. I l J_
17

CROFTON
BAPtIST
CHURCH
Helplng people follow Jesus
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2020

ITI
cn En
tn
wo
NJ
J in

Balance sheet at 31st December 2020
Notes
2020
2020
2019
2019
Fixed assets
Tangible assets
1,543,204
1,536,465
Current assets
Debtors
Cash at bank and in hand
io
li
9,956
125 961
135,917
8,720
169,684
Creditors.. Amount5 falling due in one year
12
Net current assets
Net assèts excluding pension liability
Defined benefit pension scheme liabilitv
127 096
1,670,300
21,526
1,695,798
34,452
13
Total net assets
1 $48 774
Reserves
Endowment fund
Restricted funds
Designated funds
Unrestritted funds
Total fund5
1,543,204
22,491
61,268
21
1,534,473
15
16
103,064
1661346
These accounts were approved by the Trustees on 7th June 2021 and signed on their behalf by-
Peter Newton ITreasurerl
Deanne Davie5 Isecretarvl

CROFfoN BAPTIST CHURCH
Legal information..
The Church is a Registered Charity No 1134220.
Church address..
Crofton Baptist Church
100 Crofton Lane
Orpington.
BR5 IHD
Trustees,.
The Trustees of Crofton Baptist Church were the Minister, Elders and members of the
Leadership
Team ILTI.
Wole Adeloye IElderl
David Coles (Elderl
Andrew Crowson ILT member)
Rachel Davis ILT member)
Deanne Davles ILT member)
Rachel Dungate ILT member)
Adrian Judd IMini5terl
Diane Moss ILT memberl
Christopher Munday IElderl
Peter Newton ILT memberl
Eric Quartey ILT member)
Phil Walter ILT member)
Bankers..
Barclays Bank plc
Station Square
Pett5 Wood
Orpington
Kent, BR5 ILT
Charities Aid Foundation
25 Kings Hill Avenue
Kings Hill
West Malling
Kent, ME19 4JQ
HSBC
249 Highstreet
Orpington
Kent BR6 ONR
Sollcltors:
Wellers
45 Tweedy Road
Bromley
Kent, BRI 3NF
Independent Examlner..
Mark Jarrold
23 Repton Road
Orpington
Kent, BR6 9HR

l. Accounting policie5.
a. Basis of preparation.
The accounts are prepared in atcordance with the, Charities Staten7ent of Recommended
Practlce (Charities SORP 20151, FRS102 and with the Charities Act 2011.
Crofton Baptist Church is a registered charityi no. 1134220 and meets the definition of a public
benefit entity under FRS102. Assets and liabilities are initially recognized at historical c05t or
transaction value unle55 Otherwise stated in the relevant accounting policy notes.
b. Income recognition
All incoming re50ur¢es are included in the Statement of Financial Activities when the charity is
legally entitled to the income after any performance conditions have been met, the amount
can be measured reliably and it is probable that the income will be received.
c. Donations
Donations are accounted for when received and, where applicable, Gift Aid is accrued.
d. Investment income
Investment intome is included in the account5 in the year in which it is received.
e. Expenditure recognition
All expenditure is accounted for on an accruals basis. Expenditure is recognlzed where there is
legal or constructive obligation to make payment5 to third parties, it is probable that
settlement will be required and the 8moLJnt of the obligation can be measured reliably.
f. Fundraising and publicity costs
The Church does not make formal appeals for funds thus expenditure on these item5 15 not
material.
g. Charitable Funding
The Church makes grants to other organisatlDns whose charitable objects complement its
work. It a5$0 makes grants to individuals IN furtherance of the Church's charitable objectives.
h. Fixed A55ets
The maln church building and the large hall are stated in the accounts at the insurance value in
1996. The manse and the extension to the church buildin& which was completed in 2000, Is
included at cost.
Furniture and equipment in the Ch(Trch premises are included at cost or net realisable value.

i. Depreciation
Depreciation has not been charged on land and buildings because, in the opinion of the
Trustees, the residual value of the assets is not less than the cost or valuation at which they are
Stated.
Depreciation on other fixed assets is calculated to write off the cost on a straight-line basis over
tlieir expected useful life, at the following rates..
Fixtures & filtings
Equipment, off ice and audio-visual
io%
20%
Depreciation is only charged on new assets costing over £5,000.
j.Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance Df the
general objectives of the charity and whith have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for
specific purposes. The aim and use of each designated fund is set out in the notes to the
financial statements.
Restricted funds are fund5 which are to be used in accordance with specific restrittions
imposed by donors or which have been raised by the charity for speclflc purpose5.
Elldowment funds represent those a5set5 which must be held pe¥manently by the charity,
namely the church premises and manse. Income arising on the endowment ftjnds can be used
in accordance with the objects of the charity and 15 included as unrestricted income. Any capital
gains or losses arising on the investments form part of the fund.
k. Reserves Policy
In order to meet ongoing obligations and provlde for contingency events, a Reserves Policy is In
place and is reviewed annually. Under the policy, reserves should be malntained at
approKimètely 2 months non-fabric related expendlture, which for 2020 equated to £34,000 set
aside in a designated Contin8enty Reserve Fund. The method of calculation has been reviewed
and, for 2021, the reserve will be reduced to £30,000.

2. Donations and Gifts
2020
Unrestricted
fund5
2020
Restricted
funds
2020
Total
Funds
2019
Total
Funds
Offerings
Tax refunds
Grants Received
158,758
29,922
8,400
197,080
21,350
2,646
180,108 185,586
32,568 33,384
8,400
8,000
23,996 221,076 226,970
3. Income from Charitable activities
2020
2019
Unrestricted Unrestricted
funds
funds
Friday Heroes
Holiday at Home
Capernwray trip
Seniors
Events
Other
1,065
3,482
1,410
5,400
2,064
1,419
3,484
17,259
9,723
381
651
557
12,378
The Capernwray trip could not go ahead in 2020 due to national restrictions on travel to
combat COVID infections so the income of £9,723 received from participants was relmbursed.
See al%0 note 8.
4. Investments
2020
2019
Unrestricted Unrestricted
fvnds
funds
Interest
122
273
Rents
275
122
548

5. Ministry
2020
2019
UnTestricted Unrestricted
funds
funds
Salaries
Social security costs
Pension costs
BU pension deficit contribution
Training
staff expenses
Visiting speakers
Manse
75,659
2,820
3,472
110,2021
827
2,909
75
73,927
3,653
3,806
38,005
2,89D
3,220
531
6,802
82,362
3,733
129,765
The church's Ilabillty for its share of the BU Pension deficit has been reduced as a result of the
latest artuarial valuation. See notes 13 and 14 for detail5.
Much of the church management is carried out without charge by volunteers. This intangible
cost is not included in the Statement of Financial Activities since there is no measurable c05t to
the volunteers for their service.
The Minister and Church MaTiager are both trustees and pald ernployees. The Minister's
benèfits Include the provision of manse accommodation owned by the church.
No employee recelved emoluments in excess of £60,000 during the year12019- none).
No sums were reimbursed to the Trustees for their work as Trustees, either in respect of
salaries or expenses.12019- none).
One employee participates in the Baptist Pension Scheme Defined Contribution (DCI Plan. The
other employees, including the Minister, participate in pension schemes from other providers.
6. Grant5
2020
Unrestricted
funds
2020
2020
Designated Restricted
funds
funds
2020
Total
Funds
2019
Total
Funds
SAT-7 Trust
BU Home M555ion
BMS World M issiori
Living Leadership
Spinnaker Trust
Overseas Misslonary Fellowship
8,763
8,763
8,763
4,857
3,012
5,060
500
9,263
8,763
8,763
4,857
3,012
5,060
10,137
8,560
8,560
4,750
3,050
8,554

Education Plus
Fellowship Fund
UCCF
Release International
Cedarmore Houslng
Christians Against Povertv
Orpington Food bank
Tear Fund
Nepal
Maypole Trust
Other
3,194
4,884
4,384
1,000
800
150
3,194
5,384
4,384
1,000
800
150
2,745
5,769
500
1,030
800
750
2,149
1,730
300
500
500
694
1,005
1,505
1,699
56,829
2,017
60,901
54.324
1,000
Restricted funds payments ale In respect of amounts received for distributlon to varlous
organisations or for specific purposes related to church activities, including the Fellowship Fund
which is for distribution of small glfts to members of the church fellowship to encourage them
at times of financial or other distress.
Designated funds payments are made from the Emergency Relief Fund.
7. Establlshment
2020
Unrestricted
funds
2020
2020
Deslgnated Endowment
funds
funds
2020
Total
Funds
2019
Total
Funds
Buildings
13,541
5,574
7,544
610
2,091
3,352
3,591
4,162
1,084
41,796
55,337
5,574
7,544
610
2,091
3,352
3,591
4,162
1,084
5,859
293
89,497
25,505
5,466
7,129
602
2,841
2,291
3,390
1,906
2,356
3,653
4,343
59,482
Cleaning
Telecommunicatlons
Photocopying
Insurance
LicensesJSubs
Office expenses
Publicity
Depreciation
Other
5,859
293
41,842
41,796
5,859
The designated fund payment of £41,796 was for the refurbishment of the church kitchen.

8. Activities
2020
2019
Unrestricted Unrestricted
funds
funds
Friday Heroes
Holiday at Home
Capernwray trip
Seniors
Youth & children
Events
Other
995
69
11,318
380
3,109
1,454
5,811
1,737
2,102
1,510
5,347
21.070
1,398
395
2,904
17,459
Capernwray trip costs in 2020 include the re-imbursement of amounts charged to partlclpants
1£9,7231 because the event could not take place due to Government restriction brought in to
combat the COVID pandemic. The remaining cost is for transport for which a refund could not
be obtained.
9. Assets
Flxtures
and
Office AudiL7-visual
Fittings Equipment
Equipment
Church
Premises
Manse
Total
Cost or valuation
At 1st january 2020
Additions
967,529
542,000
74,793
23,320
62,145 1,669,787
12,598
12,598
74,743 1,682,385
At 31st De￿mber 2020
967,529
542,000
74,793
23,320
Depreciation
At 1st January 2020
Charge for year
At 315t December 2020
69,299
824
19,713
1,200
20,913
44,310
3,835
48,145
133,322
5.859
139,181
70,123
Net book value
At 1st january 2020
At 31st December 2020
967,529
967,529
542,000
542,000
5,494
4,670
3,607
2,407
17.835 1,536,465
26,598 1,543,204
All of the assets are used for charitable purposes.
io

10. Debtors
2020
2019
HMRC (Gift Aid)
Sundry
9,130
826
7,894
826
9,956
8,720
11. Bank and Cash in Hand
2020
2019
Barclays Bank pl¢
CAF
45,186
41,802
38,330
643
54,175
72,252
33,896
641
HSBC
Cash
125,961
160,964
12. Credltors- amounts falling due within one year
2020
2019
Mission Societies
HMRC IPayelNII
Pension5
Sundry
Total
3,274
2,123
2,498
926
1,428
1,928
2,808
4,187
10,351
8.821
13. Defined benefit pension stheme liability
2020
2019
Bapt15t Union Pension Scheme
21,526
34,452
Section 28.IIA ol FRS 102 requires agreed deficit recovery payments to be recognised as a liabllSty.
The movement in the provision is set out in the table below.
li

31 December
2020
31 December
2019
Accounting date (year ending)..
Balance sheet liability at year start
34,452
36,683
Deficiency contrlbutions paid
12,7241
13,5531
Interest Cost
563
838
Remaining change to balance sheet
110,7651
484
Balance sheet liability at year end
21,526
34,452
Comprises any change In agreed deficit recovery plan and Change in assumptions between year-ends.
This liability represents the present value of the deficit contributions agreed a5 at the accounting date and
has been valued uslng the following assumptions set by reference to the duration of the deficit recovery
payments..
Accounting date
31 December 2020
31 December 2019
31 December 2018
Discount rate
Future increases to Minimum
Pensionable Income
0.4%
1.7%
2.4%
3.0%
3.2%
3.3%
14. Penslons
The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme I'the
Scheme"), which 15 administered by the Pension Trustee IBaptist Pension Trust Limited). The Scheme 15 a
separate legal entity and the assets of the Scheme are held separately from those of the Employer and the
other participating employers.
For any month, each participating employer in the Scheme pays contributions as set out in the Schedule of
Contrlbution5 in force at that time.
The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. Thi5 IS
because it is not possible to attribute the Scheme'5 assets and liabilities to speclfic employers and means
that contributlons are accounted for as if the Scheme were a defined contribution scheme. The pensions
costs charged to the SOFA in the year are contributions payable towards beneflts and expense5 accrued in
that year, plus any impact of deficiency contributions.
The Minister and members of the church staff are eligible to join the Scheme.
12

From january 2012, pension provision is being made through the Defined Contribution (DCI Plan within
the Scheme. In general, member5 pay 8/0 of their Pensionable Income and employers pay 6% of members,
Pensionable Income into individual pension actounts, which are operated and managed on behalf of the
Pension Truslee by Legal and General Life A55urance Society Limited. In addilion, the ermployer pay5 a
further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an
associated insurance policy which provides income protection for Scheme members in the event that they
are unable to work due to long-term incapacity. This income protection policy has been insured by the
Baptist Union of Great Brltaln wSth Aviva plc. The further 4% contribution rate is reduced to 3% for
Employer contributlDns made to the Segregated DC Arrangement.
Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their
employers also pay a total of 5%.
Benefit5 in respect of 5eTvice prior to l January 2012 are provided through the Defined Benefit IDBI Plan
within the Scheme. The main benefits for pre-2012 seNice were a defined benefit pension of one
eightieth of Final Minimum Pensionable Income for each year of Pensionable Service, together with
additional pension in respect of premiums paid on Pensionable Income in excess of MinimLJm Pensionable
Income. The Scheme, previously known a5 the Baptist Ministers, Pension Fund, started in 1925, but wa5
closed to future accrual of defined benefits on 31 December 2011.
Actuarial valuation as at 31 December 2019
A formal valuation of the Defined Benefit IDBI Plan was performed at 31 December 2019 by a
profe55ionally qualified Actuary using the Projected Unit Method. The market value of the DB Plan assets
at the valuation date was £298m.
The valuation of the DB Plan revealed a deficit of assets compared with the value of liabilities of £18m
(equivalent to a past service funding level of 94%). The Chur¢h and the other employer5 SUPPOrting the DB
Plan are collectively responsible for funding this deficit.
The key assumptions underlying the valuation were as follows..
Type of flnancial assumptlon
RPI prlce inflatlon assumptlon
CPI price inflation assumption
Minimum Pensionable Income
increases (CPI plus 0.75% pal
Assumed investment returns
Pre-retirement
Post retirement
Deferred pensiL7n increases
Pre April 2009
Post April 2009
Pension increa5e5
%pa
3.20
2.70
3.20
2.95
1.70
3.20
2.50
13

Main Scheme pension
2.70
Post-retirement mortallty In accordance with 80% of the S3NFA and S3NMA tables, with allowance for
future improvements in mortality rates from 2013 in line with the CMI 2019 core projections, with a long
term annual rate of improvement of 1.75% for males and 1.58£ for females, with the core smoothing
parameter and with additional initial mortality improvement factor A-0.5%.
The next actuarial valuation of the DB Plan within the Scheme is due to take place not later than as at 31
December 2022.
Recovery Plan
In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals
deficit the Trustee and the Councll agree to a rate of deficiency contributions from churches and other
employers involved in the 08 Plan.
Under the current Recovery Plan dated 30 September 2020, deficiency contributions are payable until 30
June 2026. These Contributions are broadly based on the employer's membership at 31 December 2014
and increase anrnually in line with increases to Minlmum Pensionable Income as defined in the Rules.
However, the Trustees and the Council agreed a 51Yh reduction for all deficiency ¢ontribution5 payable
between l July 2020 and 31 De￿mber 2020.
15. Restricted funds
1st January
2020
Incoming
resources
Resour￿5
expended
31st December
2020
Assistant Minister Fund
Fellowship Fund
Missionary Fund
21,706
I,oio
1,280
23,996
21,706
510
275
22,491
500
1,005
1,505
The Assistant Minister Fund was opened In September 2020 to receive money pledged by the
congregation in Support of the employment of an Assistant Minister. No appointment to this
post was made in 2020.
The Fellowship Fund receives donations from members of the congregation for distribution of
small gifts to members of the church fellowship to encoura@e them at times of financial or
other dSstress.
The Missionary Fund receives donations from members of the congregation for distribution to
missionary organisations.
14

16. Dèsignated ￿ndS
1st Januarv
2020
Resources Transfers
expended
31st Decewnber
2020
Emergency Relief Fund
Mission Fund
Sinking Fund
Contingency Reserve Fund
500
1,000
I,OOD
500
8,564
18,204
34,000
61,268
8,564
60,000
34,000
103,064
41,796
42,796
1,000
The Emergency Relie* Fund is used to respond to appea15 for money from missionary or aid
organisatlons in respect of major disasters.
The Mission Fund is in respect of a legacy received during 2011.
The Sinking Fund relates to amounts set aside to cover major repairs such a5 roofing, heating
etc. During 2020 this fund was utilised to pay from the refurbishment of the Church kitchen.
In order to meet ongoing obligations and provide for contingency events, a Reserves Policy is in
place and is reviewed annually. Under the policy, reserves should be maintained at
approximately 2 months non-fabric related expenditure. This has been established as the
Contingency Reserve Fund.
17. Analysis of net assets
Fixed assets
Net current
assets
Total 2020
Endowment Fund5
Restricted Funds
Designated funds
Unrestricted Funds
1,543,204
1,543,204
22,491
61,268
21,811
1,648,774
22,491
61,268
21,811
105,570
1,543,204
18. Related charities
The custodian Trustee of the church 15 the Baptist Union Corporation Limited Icharity number
2496351, and which is controlled by the Baptist Union Council. The church is also a member of
15

the Baptist Union of Great Britain, the London Baptist Assotiation and Cedarmore Housing
A550ciation Lirnited.
The church made donations to the Baptist Union Home Mission Scheme, the Baptist World
Mis510n and Cedarmore Housing Assoclation Ltd, as Set out in note 6.
The church received grants from Crofton Early Learners ICELI totalling £8,40012019 - £8,000).
CEL is considered to be part of the church's outreach to the local community, therefore, any
liability arising in respert of CEL ceasing to operate would be borne by Crofton Baptist Church.
16

INDEPENDENT EXAMINER'S REPORTON THEACCOUNTS
Report to the trustees and memljers of Crofton Baptlst Church (Charity no. 11342201 on the
a¢counts for the year ended 31st December 2020 set out on pages 2 to 16.
I report to the trustees on my examination of the accounts of the above charity 1.the Trust~) for the year
ended 31st December 2020.
Responsibilitles and basls of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the
requiremènts of thè Charities Act 20111.the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act
and in carryin8 Out my examination, I have followed all the applicable Directions given by the Charity
Commission under sectlon 1451511bl of the Aci.
I have completed my examination. I confirm that no material matters have come to my attention in
¢ollnectlon with the examinatlon which gives me cause to belleve that In, any mèterlal respect..
the accounting records were not kept in accordante with section 130 of the Charities Act,. or
the accounts did not accord with the accounting records,. or
the accounts did not comply with the applicable reqLJtrement5 concerning the form and content of
accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair. view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no tsther matters in connection with the examination to which
attention should be drawn in this report in older to enable a proper understanding of the accounts to be
reached.
M. larrold
Date.. I l J_
17