Trustees Report
For the period
1[st] January to 31[st] December 2020
Speke Baptist Church @ The Noah’s Ark Centre
50 Ganworth Road, Speke Liverpool L24 2SA
Registered Charity Number 1134673
Speke Baptist Church 1[st] Jan to 31[st] Dec 2020
Purpose:
The principal purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the UK and/or other parts of the world.
Leaders:
The Church is overseen by Elders and Trustees appointed by the members according to the Church’s constitution.
Matthew Stevenson Chair of Trustees
Nathan Gillett Elder and Trustee
Andy Langton Elder and Trustee
Steve Casey Elder (Pastor) and Trustee
Andrea Gill Secretary and Trustee
Mark Palmer Elder and Trustee
Anthony Fisher
Elder (Pastor) and Trustee
Colin Campbell Treasurer and Trustee
The Fellowship Property Trust acts as holding trustee for the church.
Speke Baptist Church is a member of the Fellowship of Independent Evangelical Churches (FIEC).
Speke Baptist Church 1[st] Jan to 31[st] Dec 2020
Activities:
All the trustees have had regard to the guidance issued by the Charities Commission on Public Benefit. The documents on Advancement of Religion for Public Benefit have also been consulted to ensure activities over the year are appropriate.
Many of the activities of the church were curtailed due to the COVID pandemic in 2020. The information below provides an overview of the activities that were able to continue over the year. All were open to anyone who wanted to be involved and were provided free of charge.
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Our weekly Sunday morning services were held in person from January, February, March, September, October and December. Youtube Live was used to broadcast Sunday services during periods when we couldn’t meet in person and our Youtube channel quickly attracted over 100 subscribers with some services being viewed over 200 times
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Our weekly children’s club had to stop in March for the remainder of the year, however, we broadcast ‘Spekekids Online’. The leaders delivered activity packs to the children to accompany each of the broadcasts each month from July onwards.
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Many of the regular attendees of the elderly lunch club had to shield due to the pandemic so the leaders of this group phoned the members every week to keep in touch and check whether they needed any help.
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The church’s foodbank continued twice-weekly throughout the year, despite the lockdown and was very busy providing hundreds of food parcels to individuals and families in the local area. The debt advice service provided by Riverside to accompany these sessions moved to telephone appointments but was also well used
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At Christmas, we held a ‘Drive-in’ Carol Service which attracted lots of locals and our ‘Nativity Trail’ was attended by approx. 80 people who followed the trail to find windows around the area that told the story of Christmas, returning to the Noah’s Ark at the end for a hot chocolate and prize.
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Encouragement of personal and spiritual growth of members by meeting 1:1 or in small groups to pray and read the bible together, on the phone or zoom, continued throughout the year
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Information about the activities of the church is available through the website www.spekebaptistchurch.org.uk and via social media such as Facebook, Instagram and Youtube.
The timetable of weekly activities which took place in the Noah’s Ark centre from January to March 2020 is shown below.
| Group | Day and Time |
|---|---|
| Computer Club | Mondays 10am – 12 noon Wednesdays10am – 12 noon |
| Welcome club for Seniors | Mondays 10.30 - 12.30pm |
| Clubbercise | Mondays 6 – 7pm |
| Zumba | Mondays 7 – 8pm Tuesdays7 -8pm |
Speke Baptist Church 1[st] Jan to 31[st] Dec 2020
| Food Bank | Tuesdays 10am – 12 noon Thursdays 10am – 12 noon |
|---|---|
| Music bugs for parents and **pre-school children ** |
Tuesdays 10am-12noon |
| Debt Advice | Tuesdays 9:30-11:30 am Thursdays 9.30–11.30am |
| Fella’s lunch drop in | Tuesdays 12.15 - 1.45 pm |
| Spekekids club for 4-11 yr olds | Tuesdays 6.30 – 7.45pm |
| Drop-in for adults with learning difficulties |
Wednesdays 9.30am - 2.30pm |
| Rooted Youth Club | Wednesdays 7 - 8.30pm |
| Art Class | Thursdays 10:30am - 12.30pm |
| Spekektots for parents and pre-school children |
Thursdays 1-2.30pm |
| Rainbows, Brownies, Guides | Thursdays 4 – 9pm |
| Speke Baptist Church Sunday Service |
Sundays 10.45am - 12.15pm (everyweek) |
| Speke Diamonds | Sundays 1.30 - 5.15pm |
The church continues to support the work of Christian missionaries in Guinea and Indonesia both financially and with prayer. We have also started supporting a new family working in Kosovo through Radstock Ministries.
The benefits available to anyone involved with our church include finding more out about the Christian faith, friendships with other Christians and a personal relationship with God. We have been thrilled to have the opportunity to share what faith in Jesus means to us to many new people through our online broadcasts this year.
Apart from Sunday services, all our activities are run by teams of volunteers. Due to the limitations associated with COVID, our volunteers were reduced this year, but we still had approximately 20 volunteers regularly involved with children’s club, foodbank, broadcasting services, and the elderly club.
Other activities (Jan to March 2020)
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Majorette/Morris Dancing Troupes hired the building on a weekly basis: Speke Diamonds, Kavs Crusaders, Speke Balmoral
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Rainbows, Brownies and Guides continued to hire our premises at a low cost
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The Noah’s Ark Computer Club and Art Class used the centre at no charge and attract a variety of local people on a regular basis.
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Exercise classes including Clubbercise and Zumba ran each week.
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Music Bugs hired the crèche area to provide music and movement fun for parents and pre-school children
Speke Baptist Church 1[st] Jan to 31[st] Dec 2020
Financial review
See accounts for details of the charity’s finances, grants awarded and for private benefits to trustees.
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s): Colin Campbell Andrea Gill Position: Trustee (Treasurer) Trustee (Secretary) Date: 24/10/21 24/10/21
Speke Baptist Church 1[st] Jan to 31[st] Dec 2020
FINANCIAL STATEMENTS
Speke Baptist Church For the period ended 31 December 2020
Prepared on 02 October 2021
Registered Charity: 1134673
Contents
Independent Examiner's Report ....................................................................................................................................... 3 Treasurers Statement ....................................................................................................................................................... 4 Balance Sheet ................................................................................................................................................................... 5 Fund Balances .................................................................................................................................................................. 6 Analysis of Income & Expenditure ................................................................................................................................. 7 Analysis of Income & Expenditure continued… ........................................................................................................... 8 Financial Activities by % of Total Income/Expense ...................................................................................................... 9 Financial Activities by % of Total Income/Expense continued… .............................................................................. 10 Analysis of Funds continued… ..................................................................................................................................... 11 Analysis of Funds ........................................................................................................................................................... 12 Accounting Notes ........................................................................................................................................................... 13 Accounting Notes ........................................................................................................................................................... 14
2/14
Independent Examiner's Report
I report on the financial statement of Speke Baptist Church for the year ending 31 December 2020, which are set out within this report.
Respective Responsibilities
The charity trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention
Basis of Independent Examiner's Report
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention (other than that disclosed below) *Delete words in brackets if they do not apply
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
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to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed by the Independent Examiner:
Date: 28 October 2021
Name: Richard Brettell
Relevant professional qualifications (if any): RICS
Address: 8 Oxford Court, Manchester, M23WQ
Disclosure (brief details is any): None
3/14
Treasurers Statement
I have prepared these financial statements for the year ended 31 December 2020.
Singed:
Date: 20 October 2020
Name: Colin Campbell
Address: 102 East Millwood Road, Liverpool, L24 6SF
PRESENTED TO THE TRUSTEES
APPROVED by the Trustees via electronic communication week commencing 25 October 2021 and signed on behalf of the Trustees:
Signed:
Date: 29 October 2020
Name: Andrea Gill
Address: 2 Oakland Road, Liverpool, L19 9DU
4/14
Balance Sheet Eryj of 2020 End of 2019 CASH AT BANK & IN HANO BJrclJy5 #1 kcount Barclay5 kcount Petty Cash 8.582 11.343 io.oii 79 B401 B5C¥J 115 5ub-Totral 13.709 2L433 FIXED ASSCS 2DJ A210 Ntsahs 8uildifi¢ Old Church Ouildln FFE & ICT 20j.c) 25,C 31.336 2C¥).C*XJ 25.CO) 34.818 Sub-Tota I 25918 TOTAL NEr AssEtS I709 281.251 5114
Fund Balances E•d •f 2020 1 •1201S .I.IE, -.T THE E.. .1.1 F.'EF'F.'E El.trElI E. i Fl 11.l[I 0000 Gthtr41 F¥hd Uméptricttc GtÈial of thÈ Churc 2.248 10.31È 0010 R¢ D¢+i9fft)i¢d G¢¢i)l ih¢ Ch4r¢h p¢r RttwYt: Policy D¢•igfv)l¢d iwj r¢lioh i< P¢hlOh Lbilitie 5.600 .000 0020 M¢ MiThi=Iry D¢éigol¢d wel419 lo M¢h= MiThitry 45 0021 W¢l¢•m¢ Cl¥b R¢slTiCttd Pwd= I¢l4t l• W¢k•me Cb xlivitie (401 42 0022 J1•1 Ch¥rch 002J Aoottd ighlttd it14tihg to yOh Work ActiYitiÈ IKI tkc-uo l )ii Ji 1,'£1.(101)I D¢+i9&)Itd F¥hd•+ i¢14tlh9 io Sp¢k¢ Kidp A¢tiYiti 1.065 65 0024 Sp¢k¢ Kid• 64 0030 GLAOS D¢ig)l¢d i¢l)tlbg IC th¢ GLA0 Gic4P incl )rJ&v1<664) D¢éigol¢d iolatihg lo Sp¢k¢ToE= AclNiti¢ 1.003 206 0031 Spok¢Tol= 262 262 0040 Mi==io igh4l¢d Mi==ioh Fund b)¢d oh IO% ol ploy1= t¢oyl•t ih¢¢m¢ $67 0045 Gilt P¥Thd 10S Jo OOSO Chuich C&Thps igiJ4ttd Fuhd= dt•lgh4ttd toward= Churc <affip=Iw¢¢ktTrd:Iholidav= 1g)Itd F¥fftd• de••i9ftal¢d iowardp Ych <affip=IwetktThd:Iholidav= 1gth)l¢d r¢14liThg loTr•iTh¢¢ iThcl A Dveht== 206 56 0055 Kid C4fftP 0060TI)ify¢¢ Fuhd 14251 'I4.0671 R¢slri(t¢d 8.Sklyi oY¢r ¥rtil F¢b 20 toi coThm¥Aily buildihq tricttd 2k giofit toward: uEilTrty bill= Jul 20 tv) hl 21 (pottrJ¢ially r¢p¢4t¢d l)f 2 l¥rth¢r v¢¥ tricttd 8k 914ht l•wafd= ¥tility bill= 20 to hl 21 2017 Morg4fi Fufrd 33 2020 El¢•1 R=thb•At 1.0 NA 2020 JMF S.667 NA 2020 Sttyé Mor94h COWO F Atptricttd (14.308 to=upport C41t Opthiljg 11 501 p)id 2020. 2Thd 50% dv¢ 2021. A¢pvi¢ttd Spok¢.Up Loudei Gf4ht Awiid (£l.O(rfJl 2020 JuTh¢l Re@•lti¢t¢d ¢oll¢¢i¢d b¢h411 ol third p411y Xq4fft1•4ti•Th NA 2020 V4hd)lj•érn Fuld NA Ag¢h¢y Coll¢¢tio 13 T02 21 432 6114
Analysis of Income & Expenditure January - December 2020
| Analysis of Income & Expenditure January- December 2020 |
||
|---|---|---|
| Total | ||
| Jan- Dec 2020 | Jan- Dec 2019 | |
| INCOME | ||
| Donations and legacies | ||
| 0110 Congregation Regular | 61,850 | 60,958 |
| 0120 Congregation Irregular | 2,321 | 6,354 |
| 0210 Non-Congregation Regular | 145 | |
| 0220 Non-Congregation Irregular | 3,051 | 1,300 |
| 0320 Organision Irregular | 2,365 | |
| Total Donations and legacies | 67,222 | 71,122 |
| Income from Charitable activities | ||
| 0500 Building & Room Hire | 2,707 | 5,127 |
| 0510 Cafe Sales | 209 | 1,328 |
| 0520 Event Income | 16 | 220 |
| 0530 Club Subs | 491 | 3,210 |
| 0550 Sales | 190 | 10 |
| Total Income from Charitable activities | 3,613 | 9,895 |
| Other Income | ||
| 0600 Grants & Trusts | 25,322 | 28,892 |
| 0650 Contributions (Casey) | 2,125 | 2,642 |
| 0700 Gift Aid | 6,759 | 14,944 |
| 0900 Bank Interest | 6 | 11 |
| 0950 Uncategorised Income | 5,116 | 2,849 |
| Total Other Income | 39,327 | 49,337 |
| TOTAL INCOME | 110,162 | 130,354 |
7/14
Analysis of Income & Expenditure continued… January - December 2020
| Total | ||
|---|---|---|
| Jan- Dec 2020 | Jan- Dec 2019 | |
| EXPENDITURES | ||
| Expenditure on Charitable Activities | ||
| 1010 Electricity | 6,170 | 5,892 |
| 1012 Gas | 2,491 | 1,991 |
| 1015 Water | 2,335 | 1,086 |
| 1016 Internet & Phone | 720 | 722 |
| 1018 Waste Management | 804 | 1,377 |
| 1019 Insurances | 2,417 | 2,398 |
| 1020 Building Upkeep & Maintenance | 12,067 | 13,180 |
| 1021 Window Cleaning | 86 | |
| 1022 Grounds Maintenance | 1,140 | 1,320 |
| 1025 Building Cleaning | 1,007 | 1,494 |
| 1030 Sanitary Services | 254 | 251 |
| 1045 Building Development | 4,977 | |
| 1110 AV & IT | 1,279 | |
| 1120 Office Supplies | 79 | 239 |
| 1130 Memberships & Licenses | 2785 | 1,957 |
| 1200 Regular Mission Support | 3550 | 1,800 |
| 1210 Irregular Mission Support | 250 | 2,250 |
| 1310 Pastor Salary | 36,921 | 36,066 |
| 1315 HMRC Payments | 7,161 | 7,124 |
| 1320 Trainee Allowance | 4,301 | |
| 1330 Leaseback | 14,400 | 14,400 |
| 1350 Travel Expenses | 155 | 2,069 |
| 1355 Transport | ||
| 1360 Pension Contributions | 3,812 | 6,156 |
| 1410 Training | 1,138 | 2,766 |
| 1430 Resources | 957 | 1,374 |
| 1450 Advertising/Promotional | 122 | |
| 1470 Holidays & Camps | 5,045 | |
| 1475 Event Costs | 150 | |
| 1480 Meals & Catering | 316 | 1,735 |
| 1490 Gifts | 1,755 | 3,428 |
| 1510 GLADS Activities | 316 | 2,415 |
| 1520 WC Activities | 148 | |
| 1600 Kitchen Supplies | 752 | 1,147 |
| 1650 Furniture | 1,526 | |
| 1660 External Trainers | 80 | |
| 1700 Legal and professional fees | 373 | 1,903 |
| 1900 Uncategorised Expense | 1,686 | 2,861 |
| TOTAL EXPENDITURES | 117,892 | 125,034 |
| NET INCOME/(EXPENDITURE) | (7,730) | 5,320 |
8/14
Financial Activities by % of Total Income/Expense January - December 2020
9/14
Financial Activities by % of Total Income/Expense continued… January - December 2020
10/14
Analysis of Funds continued…
January - December 2020
11/14
Analysis of Funds
January - December 2020
12/14
Accounting Notes
1. Basis of Accounting
The financial statements have been prepared in accordance with the Charities Act 2011. There may be minor discrepancies in the totals as the pence are not being shown.
2. Annual Report & Annual Return
In 2010 Speke Baptist Church were registered as a Charity (Nr 1134673) and accordingly have prepared an Annual Report for year ending 31 December 2020.
3. Fund Accounting
Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted funds are subjected to restrictions on the expenditure imposed by the donor or contained in the terms of the grant.
4. Incoming Resources
All voluntary giving is included in the financial statements for the period in which it is received. The associated tax recovery from donations under Gift Aid are not recognised as income when the donation is received, but rather when the reclaim is received from HMRC. These accounts include Gift Aid claimed up to and including 31 March 2020. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable.
5. Resources Expended
Resources expended are recognised in the period to which they are incurred and included attributable VAT which cannot be recovered. They are allocated to the activity to which they relate. As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.
6 Unrecognised Expenses & Income
From time-to-time certain income & expenditure is classified as Unrecognised. In most cases these are transactions which have been undertaken in error (i.e., a gas invoice payment which has been returned) and there is a matching or similar transaction which has been assigned the relevant activity code.
7. Taxation
As part of the ‘Fellowship of Independent Evangelical Churches (FIEC)’, the church is an excepted charity within the meaning of the Taxes Acts. Accordingly, it is potentially exempt from taxation in respect to income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.
8. Staff Costs & Trustees Expenses
No employee received emoluments greater than £60,000 during the year.
Matthew Stevenson (Trustee) provides grounds maintenance and grass cutting for the church properties. The cost for these services amounted to £1,140 in the financial year.
Stephen Casey (Trustee) and Anthony Fisher (Trustee) are the full time Pastor/Elders of the church and received total renumerations of £24,419 & £26,901 respectively in the financial year.
The appointment of all the above was made following the process outlined in the constitution.
9. Related Charities
The custodian Trustee of the Church is the Fellowship Property Trust, charity number 251395. The Church is also a member of the Fellowship of Independent Evangelical Churches.
13/14
Accountin Notes g
10. Reserves Policy
The church's policy on reserves is to target a reserve of £15,000. This is based on the principle of being able to fulfill obligations to pay Employees for a period of 3 months should the charities income cease entirely. It should be noted that between 2015 & 2018 the reserves were £5,000 increasing to £10,000 in 2019. For 2020 they have reduced to £5,800.
11. Mission Fund Policy
The church's policy is that the Mission Fund allocated for each year is to be based on 10% of the previous years "0110 Congregation Regular" Donations.
The Congregation Regular Donations for 2019 = £60,958 Therefore, the Mission Budget for 2020 = £6,096 Actual Mission Expenditure for 2019 = £3,775
Surplus funds are not accumulated year on year.
12. Tangible Assets
C100 Old Church Building : Speke Baptist Church is the beneficial owner (subject to the relevant trusts) of this asset, the legal title to which is held by the church’s custodian trustees of the Fellowship Property Trust. The building value is based on 50% of the SLH Valuation undertaken in 2016 due to a restrictive covenant on land.
C200 Noah’s Ark : Speke Baptist Church is the beneficial owner (subject to the relevant trusts) of this asset, the legal title to which is held by the church’s custodian trustees of the Fellowship Property Trust. The building value has been assessed based on likely market value.
C300 FFE & ITC : assessed at previous years value less 10%
14/14
FINANCIAL STATEMENTS
Speke Baptist Church For the period ended 31 December 2020
Prepared on 02 October 2021
Registered Charity: 1134673
Contents
Independent Examiner's Report ....................................................................................................................................... 3 Treasurers Statement ....................................................................................................................................................... 4 Balance Sheet ................................................................................................................................................................... 5 Fund Balances .................................................................................................................................................................. 6 Analysis of Income & Expenditure ................................................................................................................................. 7 Analysis of Income & Expenditure continued… ........................................................................................................... 8 Financial Activities by % of Total Income/Expense ...................................................................................................... 9 Financial Activities by % of Total Income/Expense continued… .............................................................................. 10 Analysis of Funds continued… ..................................................................................................................................... 11 Analysis of Funds ........................................................................................................................................................... 12 Accounting Notes ........................................................................................................................................................... 13 Accounting Notes ........................................................................................................................................................... 14
2/14
Independent Examiner's Report
I report on the financial statement of Speke Baptist Church for the year ending 31 December 2020, which are set out within this report.
Respective Responsibilities
The charity trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the Charities Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under Section 145(5)(b) of the Charities Act, and
-
to state whether particular matters have come to my attention
Basis of Independent Examiner's Report
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention (other than that disclosed below) *Delete words in brackets if they do not apply
-
which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
-
to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed by the Independent Examiner:
Date: 28 October 2021
Name: Richard Brettell
Relevant professional qualifications (if any): RICS
Address: 8 Oxford Court, Manchester, M23WQ
Disclosure (brief details is any): None
3/14
Treasurers Statement
I have prepared these financial statements for the year ended 31 December 2020.
Singed:
Date: 20 October 2020
Name: Colin Campbell
Address: 102 East Millwood Road, Liverpool, L24 6SF
PRESENTED TO THE TRUSTEES
APPROVED by the Trustees via electronic communication week commencing 25 October 2021 and signed on behalf of the Trustees:
Signed:
Date: 29 October 2020
Name: Andrea Gill
Address: 2 Oakland Road, Liverpool, L19 9DU
4/14
Balance Sheet Eryj of 2020 End of 2019 CASH AT BANK & IN HANO BJrclJy5 #1 kcount Barclay5 kcount Petty Cash 8.582 11.343 io.oii 79 B401 B5C¥J 115 5ub-Totral 13.709 2L433 FIXED ASSCS 2DJ A210 Ntsahs 8uildifi¢ Old Church Ouildln FFE & ICT 20j.c) 25,C 31.336 2C¥).C*XJ 25.CO) 34.818 Sub-Tota I 25918 TOTAL NEr AssEtS I709 281.251 5114
Fund Balances E•d •f 2020 1 •1201S .I.IE, -.T THE E.. .1.1 F.'EF'F.'E El.trElI E. i Fl 11.l[I 0000 Gthtr41 F¥hd Uméptricttc GtÈial of thÈ Churc 2.248 10.31È 0010 R¢ D¢+i9fft)i¢d G¢¢i)l ih¢ Ch4r¢h p¢r RttwYt: Policy D¢•igfv)l¢d iwj r¢lioh i< P¢hlOh Lbilitie 5.600 .000 0020 M¢ MiThi=Iry D¢éigol¢d wel419 lo M¢h= MiThitry 45 0021 W¢l¢•m¢ Cl¥b R¢slTiCttd Pwd= I¢l4t l• W¢k•me Cb xlivitie (401 42 0022 J1•1 Ch¥rch 002J Aoottd ighlttd it14tihg to yOh Work ActiYitiÈ IKI tkc-uo l )ii Ji 1,'£1.(101)I D¢+i9&)Itd F¥hd•+ i¢14tlh9 io Sp¢k¢ Kidp A¢tiYiti 1.065 65 0024 Sp¢k¢ Kid• 64 0030 GLAOS D¢ig)l¢d i¢l)tlbg IC th¢ GLA0 Gic4P incl )rJ&v1<664) D¢éigol¢d iolatihg lo Sp¢k¢ToE= AclNiti¢ 1.003 206 0031 Spok¢Tol= 262 262 0040 Mi==io igh4l¢d Mi==ioh Fund b)¢d oh IO% ol ploy1= t¢oyl•t ih¢¢m¢ $67 0045 Gilt P¥Thd 10S Jo OOSO Chuich C&Thps igiJ4ttd Fuhd= dt•lgh4ttd toward= Churc <affip=Iw¢¢ktTrd:Iholidav= 1g)Itd F¥fftd• de••i9ftal¢d iowardp Ych <affip=IwetktThd:Iholidav= 1gth)l¢d r¢14liThg loTr•iTh¢¢ iThcl A Dveht== 206 56 0055 Kid C4fftP 0060TI)ify¢¢ Fuhd 14251 'I4.0671 R¢slri(t¢d 8.Sklyi oY¢r ¥rtil F¢b 20 toi coThm¥Aily buildihq tricttd 2k giofit toward: uEilTrty bill= Jul 20 tv) hl 21 (pottrJ¢ially r¢p¢4t¢d l)f 2 l¥rth¢r v¢¥ tricttd 8k 914ht l•wafd= ¥tility bill= 20 to hl 21 2017 Morg4fi Fufrd 33 2020 El¢•1 R=thb•At 1.0 NA 2020 JMF S.667 NA 2020 Sttyé Mor94h COWO F Atptricttd (14.308 to=upport C41t Opthiljg 11 501 p)id 2020. 2Thd 50% dv¢ 2021. A¢pvi¢ttd Spok¢.Up Loudei Gf4ht Awiid (£l.O(rfJl 2020 JuTh¢l Re@•lti¢t¢d ¢oll¢¢i¢d b¢h411 ol third p411y Xq4fft1•4ti•Th NA 2020 V4hd)lj•érn Fuld NA Ag¢h¢y Coll¢¢tio 13 T02 21 432 6114
Analysis of Income & Expenditure January - December 2020
| Analysis of Income & Expenditure January- December 2020 |
||
|---|---|---|
| Total | ||
| Jan- Dec 2020 | Jan- Dec 2019 | |
| INCOME | ||
| Donations and legacies | ||
| 0110 Congregation Regular | 61,850 | 60,958 |
| 0120 Congregation Irregular | 2,321 | 6,354 |
| 0210 Non-Congregation Regular | 145 | |
| 0220 Non-Congregation Irregular | 3,051 | 1,300 |
| 0320 Organision Irregular | 2,365 | |
| Total Donations and legacies | 67,222 | 71,122 |
| Income from Charitable activities | ||
| 0500 Building & Room Hire | 2,707 | 5,127 |
| 0510 Cafe Sales | 209 | 1,328 |
| 0520 Event Income | 16 | 220 |
| 0530 Club Subs | 491 | 3,210 |
| 0550 Sales | 190 | 10 |
| Total Income from Charitable activities | 3,613 | 9,895 |
| Other Income | ||
| 0600 Grants & Trusts | 25,322 | 28,892 |
| 0650 Contributions (Casey) | 2,125 | 2,642 |
| 0700 Gift Aid | 6,759 | 14,944 |
| 0900 Bank Interest | 6 | 11 |
| 0950 Uncategorised Income | 5,116 | 2,849 |
| Total Other Income | 39,327 | 49,337 |
| TOTAL INCOME | 110,162 | 130,354 |
7/14
Analysis of Income & Expenditure continued… January - December 2020
| Total | ||
|---|---|---|
| Jan- Dec 2020 | Jan- Dec 2019 | |
| EXPENDITURES | ||
| Expenditure on Charitable Activities | ||
| 1010 Electricity | 6,170 | 5,892 |
| 1012 Gas | 2,491 | 1,991 |
| 1015 Water | 2,335 | 1,086 |
| 1016 Internet & Phone | 720 | 722 |
| 1018 Waste Management | 804 | 1,377 |
| 1019 Insurances | 2,417 | 2,398 |
| 1020 Building Upkeep & Maintenance | 12,067 | 13,180 |
| 1021 Window Cleaning | 86 | |
| 1022 Grounds Maintenance | 1,140 | 1,320 |
| 1025 Building Cleaning | 1,007 | 1,494 |
| 1030 Sanitary Services | 254 | 251 |
| 1045 Building Development | 4,977 | |
| 1110 AV & IT | 1,279 | |
| 1120 Office Supplies | 79 | 239 |
| 1130 Memberships & Licenses | 2785 | 1,957 |
| 1200 Regular Mission Support | 3550 | 1,800 |
| 1210 Irregular Mission Support | 250 | 2,250 |
| 1310 Pastor Salary | 36,921 | 36,066 |
| 1315 HMRC Payments | 7,161 | 7,124 |
| 1320 Trainee Allowance | 4,301 | |
| 1330 Leaseback | 14,400 | 14,400 |
| 1350 Travel Expenses | 155 | 2,069 |
| 1355 Transport | ||
| 1360 Pension Contributions | 3,812 | 6,156 |
| 1410 Training | 1,138 | 2,766 |
| 1430 Resources | 957 | 1,374 |
| 1450 Advertising/Promotional | 122 | |
| 1470 Holidays & Camps | 5,045 | |
| 1475 Event Costs | 150 | |
| 1480 Meals & Catering | 316 | 1,735 |
| 1490 Gifts | 1,755 | 3,428 |
| 1510 GLADS Activities | 316 | 2,415 |
| 1520 WC Activities | 148 | |
| 1600 Kitchen Supplies | 752 | 1,147 |
| 1650 Furniture | 1,526 | |
| 1660 External Trainers | 80 | |
| 1700 Legal and professional fees | 373 | 1,903 |
| 1900 Uncategorised Expense | 1,686 | 2,861 |
| TOTAL EXPENDITURES | 117,892 | 125,034 |
| NET INCOME/(EXPENDITURE) | (7,730) | 5,320 |
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Financial Activities by % of Total Income/Expense January - December 2020
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Financial Activities by % of Total Income/Expense continued… January - December 2020
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Analysis of Funds continued…
January - December 2020
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Analysis of Funds
January - December 2020
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Accounting Notes
1. Basis of Accounting
The financial statements have been prepared in accordance with the Charities Act 2011. There may be minor discrepancies in the totals as the pence are not being shown.
2. Annual Report & Annual Return
In 2010 Speke Baptist Church were registered as a Charity (Nr 1134673) and accordingly have prepared an Annual Report for year ending 31 December 2020.
3. Fund Accounting
Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted funds are subjected to restrictions on the expenditure imposed by the donor or contained in the terms of the grant.
4. Incoming Resources
All voluntary giving is included in the financial statements for the period in which it is received. The associated tax recovery from donations under Gift Aid are not recognised as income when the donation is received, but rather when the reclaim is received from HMRC. These accounts include Gift Aid claimed up to and including 31 March 2020. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable.
5. Resources Expended
Resources expended are recognised in the period to which they are incurred and included attributable VAT which cannot be recovered. They are allocated to the activity to which they relate. As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.
6 Unrecognised Expenses & Income
From time-to-time certain income & expenditure is classified as Unrecognised. In most cases these are transactions which have been undertaken in error (i.e., a gas invoice payment which has been returned) and there is a matching or similar transaction which has been assigned the relevant activity code.
7. Taxation
As part of the ‘Fellowship of Independent Evangelical Churches (FIEC)’, the church is an excepted charity within the meaning of the Taxes Acts. Accordingly, it is potentially exempt from taxation in respect to income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.
8. Staff Costs & Trustees Expenses
No employee received emoluments greater than £60,000 during the year.
Matthew Stevenson (Trustee) provides grounds maintenance and grass cutting for the church properties. The cost for these services amounted to £1,140 in the financial year.
Stephen Casey (Trustee) and Anthony Fisher (Trustee) are the full time Pastor/Elders of the church and received total renumerations of £24,419 & £26,901 respectively in the financial year.
The appointment of all the above was made following the process outlined in the constitution.
9. Related Charities
The custodian Trustee of the Church is the Fellowship Property Trust, charity number 251395. The Church is also a member of the Fellowship of Independent Evangelical Churches.
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Accountin Notes g
10. Reserves Policy
The church's policy on reserves is to target a reserve of £15,000. This is based on the principle of being able to fulfill obligations to pay Employees for a period of 3 months should the charities income cease entirely. It should be noted that between 2015 & 2018 the reserves were £5,000 increasing to £10,000 in 2019. For 2020 they have reduced to £5,800.
11. Mission Fund Policy
The church's policy is that the Mission Fund allocated for each year is to be based on 10% of the previous years "0110 Congregation Regular" Donations.
The Congregation Regular Donations for 2019 = £60,958 Therefore, the Mission Budget for 2020 = £6,096 Actual Mission Expenditure for 2019 = £3,775
Surplus funds are not accumulated year on year.
12. Tangible Assets
C100 Old Church Building : Speke Baptist Church is the beneficial owner (subject to the relevant trusts) of this asset, the legal title to which is held by the church’s custodian trustees of the Fellowship Property Trust. The building value is based on 50% of the SLH Valuation undertaken in 2016 due to a restrictive covenant on land.
C200 Noah’s Ark : Speke Baptist Church is the beneficial owner (subject to the relevant trusts) of this asset, the legal title to which is held by the church’s custodian trustees of the Fellowship Property Trust. The building value has been assessed based on likely market value.
C300 FFE & ITC : assessed at previous years value less 10%
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