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2021-12-31-accounts

Registered Charity Number - 1134242

Penzance Baptist Church

Trustees Annual Report, Auditor Examination and Accounts For the year ended 31st December 2021

PENZANCE BAPTIST CHURCH

TRUSTEES ANNUAL REPORT, ACCOUNTS and INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

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Penzance Baptist Church

Report of the Trustees for the year 01/01/2021 - 31/12/2021

Reference and Administration Details

Charity Name

Penzance Baptist Church

Charity Registration Number

Charity’s Principal Address

1134242 Clarence Street Penzance TR18 2NY Cornwall

Board of Trustees

(Name) James Belmour Mark Fretwell Ralph Hammond Melvin Polglase John Rubens Jonathan Stobbs

(Office) Deacon ( appt 16 August 2021) Deacon ( Resigned 16 August 2021) Deacon Deacon Elder Minister

Independent Examiner

Rev. Michael Coles (BSc) 14 Pengarth Road Falmouth TR11 2TY Cornwall

Bank

Lloyds Penzance P.O. Box 8 Market House Penzance Cornwall TR18 2TN

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Structure, Governance and Management

The governing document of the Penzance Baptist Church as a charity is the Constitution for Grace Baptist Church Charities approved on 1 January 2007, and then adopted as the charity was registered on 10 February 2010. Penzance Baptist Church as a charity is constituted as an association, and the way in which the trustees are selected and appointed is through the means of the church members’ meeting.

Objectives and Activities

The principal object of the church is the advancement of the Christian faith according to Baptist principals in accordance with the church’s Basis of Faith. The church also carries out other charitable purposes in the United Kingdom and/or other parts of the world.

In relation to these objects, our main activities are Sunday services (morning and evening), midweek Bible studies and prayer meetings, evangelistic activities in the community, children’s club, Parent and Toddler group, promotion of mission and matters of social concern, and various informal get-togethers to consider the Christian faith.

Achievements and Performance

Owing to the spiritual nature of the church’s objectives it is difficult to quantify achievements. The ongoing impact of the Covid-19 pandemic and government response continued to have a bearing on the way that we functioned as a church. We sought to work within the government guidance and adapted as the situation continued to change.

We were very pleased to be able to continue to meet in person for the regular Sunday services throughout the year. Those services were also streamed live to enable access for those unable to meet in person. The broadcasts saw a wide engagement from people not just locally, but from across the country and the world. The overwhelming majority of services were taken by the Pastor, as well as the other Elder in the church. Towards the middle of the year as restrictions lifted we were able to have some visiting speakers as well, including for our 219[th] Church Anniversary services.

During the summer, with appropriate measures in place at the services we enjoyed welcoming visitors to the services from around the country. We were also encouraged to welcome a number of new visitors from the locality as well. A number of times after the morning services in the summer we also had ‘Picnic in the Park’ which saw some our own people and visitors share lunch together in a local park for fellowship.

From summer onwards we were able to begin re-introducing some of the regular meetings and outreach that had previously been suspended as a result of the pandemic. The pause had given the church opportunity to take time to evaluate and this also saw some new initiatives started. For example, with the restarting of the youth work saw the creation of an additional club for an older age range on Friday evenings. This whole area has been well received by the community and we have a very good number of toddlers, children, and young people across the various activities.

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We were also able to run a number of things thai saw g￿d engagement with the local community. These included a 'Coffee and Cak'e. afternoon. a Quiz nighL as well as 'Lunch and Listen. which is a monthlN' meal for over 55s. Not only did these provide opportunities for people to meet each orher again after difficuli times of isolation and separation. but to learn more about the message of Chrisiianity. The distribution of fre¢ food packages continued during the )ear and often used to meel specific needs in the local communiN' that w'ere made known to ihe church. There is evident need amongst those living around the church and we are seeking io support as w'ell as pointing people to the other channels of practical help. This has been very Th'¢ll rcccived. We have also had regular free literature tsbles available ai the church during Ihe )'ear including the offer of free Bibles for those interested. li was so good to be abl¢ to host Christmas events once again. We circulat¢d a Christmas card from ihe church io the residents around the chapel as well as other invites to the different meetings. We held a "Carols, Coffee, and Cake. afternoon in the lead up to Christmas ai the ¢hurch. This saw a good number from the community. join us to sing carols ouiside the church as well as having some refreshments together. We also held a Christmas carol service which was also available via YouTube. Again, w'e ￿'ere encournged with an encournging number of visitors who came. some coming to the church for the very first time. The church continues to be led by a leadership team of Elders and Deacons. Regular leadership medings have been held for the regular business of the church. bur also to make key decisiorks during such challenging times. This also included providing consistrnt practical and pastoral care to those in the f¢llowship. Financial Review Reserves The Church has adopied a policy of seeking io hold reserves equivalent to three months regular expenditure. presenilw a reserve of £14:840. The ¢￿￿ent total reserve at 31sT December 2021 is £9.420 Risk ManageJDent The trusiees have identified the major risks to whi¢h the charity. is exposed. These haN'e been reviewed and the trustees are satisfied that adequaie s￿stemS of control have been established to mitigate these risks. ADnual Return Figures Income for 2021- £65,844 Expenditure for 2021- £67286

Other Optional Information Public BeDefit Th¥ irusrees have ¢ongid¢rL'd ihe guidance produced bs" the Charii!. Commission on Ihe provision ofpublic bLncfii and ih•" confimi thai public benefii has tKn provided bs.: Promoiing lh¢ %%.hole mission ol'ihL church through the aclii'iii¢s for individual& parents and ioddlers. and ihe elderli.. Providincj r¢gular public i%orship ihai is open io all Conduciing pastoral K%"ork" includin<t visiiing ihe sick and the bereaved TcachinTr Lhrisiianiti. Ihroutsh sLYmons. courses. and srnall groups Providing a iouih club iiiih a ChriS1ian Ethos Distributing ei'angLIisiic maierials Taking part in communi￿. ci'Lnts DeclrntlOD The irusiees declare ihai ih¢! have approi'ed ihe mistees report above. Signed on behalf of ihe chariTh' s Irusi¢¢s'. Si21)*ture (s) Rei. JonathaTr Stobbs Vlr. John Rubens Posilion: Chair Truslee

1de￿dent ExaRimer's Re￿)rt to the wembersl¢rnsttts of PemTAnee Baptst Cburc I rqM)rt ￿ the xc4xmts for the year ended 31 st Decemlxr 2021 Respective responsibilities of the Trustees and Independent Examiner The trustees of the charity a￿ restx)nsible for the preparation of the accounts. They consider an audtt is not Tequired for this year under section 144(2) of the Charitie5 Act 2011 (the 2011 Act) and that an ]ndq￿ndent examination is needed. It Is my rwibility to- - eKqmine the accounts under section 145 of thc 2011 Act" . follow the procedure5 laid down in the General Directions given by the Charity Commissioners section 145{5Xb) of the 2011 ACL and . st whethtr particular matters have come to my attention. B*sis of l•depemdeut Ex2minerfs Statemellt My examinalion carried out in accordanc¢ with the General Direclions given by the Charity Commission. An examination includes a ￿VIeW of the accounting records kept by th¢ chartty and a comparison of the accounts presented with those records. It also includes cO￿$1deratI0n of any unusual items or disclosures in the accounty and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not pmvide all th¢ evidence that would ￿ required in a full audiL and consequently I do not express an audit opinion on the accounts. Independent Examiner's Statement In connection with my examinatio￿ no matters have come to my attention: whAch givc me reasothle cause to believe that in any matcrial res￿ the requirtmnents to keep accounting records in accordance with s.130 of th¢ 2011 Act" or to prepare accounts which with these accounling records have not MCL or to which, in my opinion. attention should be drawn in order to enable a proper unde￿illg of the accounts to be teache Michael C Coles B Sc 14 Pengarth Road Falmouth TRII 2TY (Fuljy trained HMID 2021

PENZANCE BAPTIST CHURCH

RECEIPTS AND PAYMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

Notes Unrestricted Restricted 2021 2020
Funds Funds £ £
Receipts
Voluntary receipts
Grants and gifts received 2(a) 55,571 - 55,571 53,564
Other receipts
2(b) 10,272 - 10,272 9,896
Total receipts 65,843 - 65,843 63,460
Payments
Payments in furtherance of the church’s objectives
Direct charitable costs 3 2,513 - 2,513 3,025
Mission Support 3 1,221 10,181 11,402 3,508
Support costs 3 53,179 - 53,179 51,522
56,913 10,181 67,094 58,055
Governance costs 190 - 190 220
Total payments 57,103 10,181 67,284 58,275
Net Receipts/(Payments) 8,740 (10,181)
(1,441) 5,185
Transfer between funds - - - -
Net movement in funds 8,740 ( 10,181) (1,441) 5,185
Balances 1 January 2021 33,024 (22,163) 10,861 5,693
Adjustment (decrease) in Creditors - - - (17)
Balances 31 December 20201 41,764 (32,344)
9,420
10,861

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PENz￿NCE BAPTIST CHL'RCH STATEMENT OF ASSETS AI%U) LIABILITIES AS AT 31 DECEMBER 2021 l. Fixed Assets The voltse of ihe &¥set5 ownedare.. PlanLlmachinerylequipmeni 20,000 The Freehold property. known as Penzancc Baptist Church premises ai Clarence Street, together with associaled fixtures and fittings are the subject of a separate independent trust held for the exclusive use of the ChU￿h. The Church assumes responsibility for all maintenance and running costs. The Freehold propety known as 13 Castle Road. Penzance is the subject of a separate independent trusi held for the exclusive use of the Church. 2. Bank and Cash Balances 2021 2020 Heldoi Bank Lloyds Bank 5.112 6.684 5.112 6,684 3. Thher Assets and Liabilities 2021 Debis due to the church Income t&x recoverable Other debtors and prepayments 4,307 4,307 Liabilities due by ihe church The accounts were approved by the trustees and stgned on iheir behalf on "JT3 The notes on pages 9 -10 forn part of these accounts.

PENZANCE BAPTIST CHURCH

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1. Accounting Polices

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities.

2. Incoming Resources

(a) Voluntary receipts
Grants and gifts received
Tax recovered
(b) Other incoming resources
Sales of books and CD’s
Rent from 13 Castle Road
Utility Refund
Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
47,733
-
47,733
47,662
7,838
-
7,838 5,902
55,571
-
55,571 53,564
13
-
13 14
9,326
-
9,326 9,235
933
-
933
647
65,843
-
65,843 63,460

3. Charitable Activity Costs

Direct charitable costs
Sunday School & Young People
Local evangelism
Audio Ministry & web site
Less: Creditors
Mission Support
UK Mission
Overseas Mission
Unrestricted
Restricted
Total
Total
Funds
Funds
2021
2020
£
£
£
£
-
-
-
-
2,078
-
2,078
1,401
435
-
435
1,624
2,513
-
2,513
3,025
-
-
2,513
-
2,513
3,025
575
450
1,025
1,188
646
9,731
10,377
2,320
1,221
10,181
11,402 3,508

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Unrestricted Restricted Total Total
Funds Funds 2021 2020
£ £ £ £
Support Costs
Ministry costs 41,526 - 41,526 43,090
Property & Repairs 10,021 - 10,021 7,496
Equipment purchases 1,135 - 1,135 115
Other administration 497 - 497 821
53,179 - 53,179 51,522

4. Employees

The church had one employee (2020: 1 employee) whose remuneration and expenses were not in excess of £60,000. No remuneration or trustee expenses were paid to any other trustee during the year nor to any person connected to them.

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