2020-12-31-accounts

Trustees			J RWElbourne	J RWElbourne
			D H M Treneer
			A Pop
			SWalker
			D I Collins
			L Lurcock
			0Wilson
			S Lynch
Elders			M Bray
			J Elbourne
			J Holman
			M Lovell
			D Treneer
			TVellacott
			M Mkandawire
Charity number			1136471
Company	number		07227205
Registered		office	65-71 Holland		Road
			Hove
			Fast Sussex
			BN3 1JN
Independent		examiner	John Caladine		FCCA CTA FCIE
			Caladine Limited
			Chantry House
			22 Upperton	Road
			Eastbourne
			East Sussex
			BN21 1BF
Bankers			National Westminster			Bank Pic
			56 Churchill	Square
			Brighton
			East Sussex
			BN1 2ES
Solicitors			Lawson Lewis		Blakers
			11 Hyde Gardens
			Eastbourne
			East Sussex
			BN21 4PP

			Page
Trustees'	report		1-6
Statement	ofTrustees'	responsibilities
Independent examiner's report
Statement	offinancial	activities
Statement	offinancial	position	10-11
Statement	ofcash flows		12
Notes to the financial		statements	13-26

				Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				funds	funds		funds	funds
			Notes	2020	2020f	2020 8	2019 8	2019 8	2019 8
lgggmtbkgm; Donations and legacies			2	454,745	5,000	459,745	523,023	56,611	579,634
Charitable activities			3	16,026		16,026	70,408		70,408
Investments			4	197		197	22,807		22,807
Other income			5	12,897	23,028	35,925		10,282	10,282
Total income				483,865	28,028	511,893	616,238	66,893	683,131
Raising funds							1,603		1,603
Charitable activities			7	473,771	112,384	586,155	527,280	93,759	621,039
Total resources
expended				473,771	112,384	586,155	528,883	93,759	622,642
Net gains/(losses)		on
investments			12	15,787		15,787		325,000	325,000
Net incoming/
(outgoing) resources before transfers				25,881	(84,356)	(58,475)	87,355	298,134	385,489
Gross transfers
between funds			20	740,644	(740,644)		(20,995)	20,995
Net income/(expenditure)
for the year/
Net movement	in	funds		766,525	(825,000)	(58,475)	66,360	319,129	385,489
Fund balances at 1
January 2020				288,295	1,992,535	2,280,830	221,935	1,673,406	1,895,341
Fund balances	at 31
December 2020				1,054,820	1,167,535	2,222,355	288,295	1,992,535	2,280,830

				2020		2019
			Notes	8		6
Fixed assets
Property, plant and	equipment		13		1,202, 541	1,201,012
Investment properties			14			825,000
					1,202, 541	2,026,012
Current assets
Trade and other receivables			15	30,152		25,712
Cash at bank and	in	hand		1,028,523		270,107
				1,058,675		295,819
Current liabilities			17	(8,435)		(8,214)
Net current assets					1,050,240	287,605
Total assets less	current liabilities				2,252,781	2,313,617
Non-current liabilities			18		(30,426)	(32,787)
Net assets					2,222,355	2,280,830
Income funds
Restricted funds			20		1,167,535	1,992,535
Dam(00(ettfttnda
Designated funds			21	153,075		167,003
				153,075		167,003
General unrestricted		funds		901,745		121,292
					1,054,820	288,295
					2,222,355	2,280,830

					2020	2019
				Notes	6	f
Cash flows from operating			activities
Cash (sbsorbed by)/generated			from	26
operations					(77,663)		35,228
Investing	activities
Purchase	of property, plant	and equipment			(2,544)
Proceeds	on disposal of investment
property					840,787
Investment	income received				197	22,807
Net cash	generated from investing
activities					838,440		22,807
Financing	activities
Repayment	ofborrowings				(2,361)	(2,098)
Net cash used in financing			activities		(2,361)		(2,098)
Net increase in cash and cash equivalents					758,416		55,937
Cash snd	cash equivalents	at beginning		ofyear	270,107		214,170
Cash and	cash equivalents		at end of	year	1,028,523		270,107

		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		2020 6	2020 5	2020 8	2019f	2019	2019 F
Donations	and giRs	454,745		454,745	461,593	2,500	464,093
Legacies receivable			5,000	5,000	61,430	54,111	115,541
		454,745	5,000	459,745	523,023	56,611	579,634
Donations	and gifts
Donations	and gifts	385,199		385,199	394,126	2,500	396,626
Tax refunds		69,546		69,546	67,467		67,467
		454,745		454,745	461,593	2,500	464,093

	2020	2019
	8	E
Charitable rental income	1,070	3,225
Mission Trips Income	5,681	65,983
Cottage rental income	9,275	1,200
	16,026	70,408
For the year ended 31 December 2019
Unrestricted funds		70,408

		Unrestricted	Unrestricted
		funds	funds
		2020	2019
		F	6
Rental	income (Coleman Avenue)		22,267
Interest	receivable	197	540
		197	22,807

			Unrestricted	Restricted	Total	Restricted
			funds	funds		funds
			2020	2020	2020	2019
			8	8	f
Other income		(Listed Place of Worship Grant
Scheme)				23,028	23,028	10,282
Job Retention Scheme (Furlough)			12,082		12,082
Insurance	Claim		815		815
			12,897	23,028	35,925	10,282
Raising	funds
					2n2n	2019
~lt		tl
Letting Fees						1,603

Charitable activities
			2020	2019
Salary costs			210,744	207,258
Depreciation			1,015	506
Pastoral expenses			2,109	4,628
Visiting speakers			25	938
Conference and delegate		expenses	3,248	5,112
Premises for parking			1,320	5,381
Outreach			2,147	4,384
Music and drama			924	915
Books and purchases			609	1,323
Catering			483	1,312
Youthwork and other			5,978	13,513
Mission trips and events			8,035	40,375
Training			1,600	1,493
Group ministries			4,888	5,955
Sundries			1,624	8,512
Church equipment repairs		and renewals	5,265	5,498
Electricity, Gas and Water			10,623	13,499
insurance			8,738	8,725
Repairs and Maintenance			11,143	15,710
Small Equipment			10,322	1,692
Coleman Avenue running		costs	944	3,235
Licences and Subscriptions			4,400	3,530
Stonework Projects (Building Restoration)			111,978	89,478
Welcome Cafe Equipment		&Consumables	406	4,281
			408,568	447,253
Grant funding ofactivities		(see note 8)	93,331	97,999
Share ofsupport costs (see note 9)			77,456	69,949
Share ofgovernance	costs (see note 9)		6,800	5,838
			586,155	621,039
Analysis by fund
Unrestricted funds			473,771
Restdcted funds			112,384
			586,155
For the year ended	31 December 2019
Unrestricted funds				527,280
Restricted funds				93,759
				621,039

				2020	2019
					6
Grants to institutions:
Christians Against Poverty				19,775	18,500
General GIRs to organisations				7,661	13,305
Global Partners				16,416	16,616
Missionary Organisations				12,974	16,395
Missionary Partners				23,573	32,713
				80,399	97,529
Grants to individuals				12,932	470
				93,331	97,999
Support and governance	costs
		Support	Governance	Total	2019
		costs	costs	2020
			8
Salary costs		61,639		61,639	57,322
Telephone		3,350		3,350	3,194
Office and Administration		12,487		12,457	9,433
Independent Examination			780	780	780
Accountancy			3,120	3,120	2,640
Legal and professional			1,286	1,286	660
Bank Charges			479	479	360
Loan Interest			1,135	1,135	1,398
		77,456	6,800	84,256	75,787
hnalyaRIU200M000
Charitable activities		77,456	6,800	84,256	75,787

		2020	2019
		Number	Number
Direct church	activities
Support
Transformers
Total		13	12
Employment	costs	2020	2019
		8	8
Wages and salaries		236,364	228,269
Social security costs		14,058	15,334
Other pension costs		21,961	20,977
		272,383	264,580

						Unrestricted	Restricted
						funds	funds
						2020	2019
						8	8
Revaluation	ofinvestment	properties					325,000
Gain/(loss)	on sale ofinvestment		properties	transferred	back to the General
Fund (See	Note 20)					15,787
						15,787	325,000

				Land and	Fixtures,	Total
				buildings	fittings 8
					equipment
					8
Cost
At 1 January	2020			1,200,000	50,000	1,250,000
Additions					2,544	2,544
At 31 December 2020				1,200,000	52,544	1,252,544
Depreciation	and impairment
At 1 January	2020				48,988	48,988
Depreciation	charged		in the year		1,015	1,015
At 31 December		2020			50,003	50,003
Carrying amount
At J I IJecenlvel		xvxV		I,KUU, UUV	c,v4 I	I CA I CVC Ut
At 31 December		2019		1,200,000	1,012	1,201,012

investment properly
	202n
	8
Fair value
At 1 January 2020	825,000
Disposals	(825,000)

Trade and other receivables
	2020	2019
Amounts falling due within one year:	E	8
Other receivables	27,151	22,682
Prepayments	3,001	3,030
	30,152	25,712

16	Borrowings
					2020	2019
	Baptist Union	Corporation	Ltd	(see note 23)	30,426	32,787
	Payable aRer	one year			30,426	32,787
17	Current liabilities
					2020f	2019 6
	Baptist Union	Corporation	Ltd (Loan)	(see note 23)	3,496	3,496
	Other payables				1,039	1,058
	Accruals				3,900	3,660
					8,435	8,214
18	)ton-current	liabilities
					2020	2019
					f	6
	Baptist Union	Corporation	Ltd		30,426	32,787

			Movement
			in funds
	Balance at		Incoming	Balance at	Resources	Transfers	Balance at
	1 January	2019	resourcesl	January 2020	expended		31 December
							2020
							6
Legacy Funds
General	82,003			82,003		(45,477)	36,526
World Mission				38,979	(7,430)	-	31,549
Reserve fund	85,000			85,000			85,000
	167,003			205,982	(7,430)	(45,477)	153,075

	2020f	2019 6
Within one year	1,867	1,867
Between two and five years		1,867
	1,867	3,734

The remun	eration of3 key management personnel, 2	ofwhom are Trustees, isas follows.
		2020f	2019
Aggregate	compensation	126,092	123,629

their work a	s employees ofthe Church as allowed with	in the Memorandum and Articles ofAssoci	ation.
		2020	2019
		E	f
Salaries
D Treneer		35,088	33,768
SWalker		31,920	30,696
Employers	NIC
D Treneer		2,823	2,936
SWalker		2,482	2,578
Pension contributions
D Treneer		3,509	3,377
SWalker		3,192	3,070

26	Cash generated from	operations	operations					2020	2019
									8
	(Deficit)/surplus for the	year						(58,475)	385,489
	Adjustments for:
	Investment income recognised		in statement		offinancial	activities		(197)	(22,807)
	Gain on disposal ofinvestment		property					(15,787)
	Fair value gains and losses on		investment		properties				(325,000)
	Depreciation and impairment of property,			plant and equipment				1,015	506
	Movements in working	capital:
	(Increase) in trade and	other receivables						(4,440)	(1,615)
	Increase/(decrease) in	trade and other payables						221	(1,345)
	Cash (absorbed by)/generated		from operations					(77,663)	35,228
27	Analysis ofchanges	in net funds
							Att Jaeuanr	Cash flows	At 31December
							2020		2020
							F	8	f
	Cash at bank and in hand						270,107	758,416	1,028,523
	Loans falling due aRer	more than one year					(32,787)	2,361	(30,426)
							237,320	760,777	998,097