**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** 1 ## **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 2 ## **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. 3 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 tK*n 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|(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**| 7 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| |---|---| 9 ||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. 10