2022-12-31-accounts

Trustees			D Collins
			L Lurcock
			S Lynch
			A Pop
			D Treneer
			SWalker
			0Wilson
Elders			J Holman
			M Lovell
			D Treneer
			TVellacott
			SWhiffield
Charity number			1136471
Company	number		07227205
Registered		office	65-71 Holland		Road
			Hove
			East 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
			BN12ES
Solicitors			Mayo Wynne	Baxter
			20 Gildridge	Road
			Eastboume
			East Sussex
			BN21 4RP

		Page
Trustees' report		1-5
Statement ofTrustees'	responsibifities
Independent examiner's report
Statement offinancial	activities
Statement offinancial	position	9-10
Statement ofcash flows
Notes to the financial	statements	12-24

			Unrestriicted	Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
		Notes	2022 5	2022f	2022 6	2021 f	2021 6	2021
Income from:
Donations and
legacies		2	459,236		459,236	460,333		460,333
Charitable activities		3	15,066		15,066	13,791		13,791
Investments		4	26,218		26,218	7,837		7,837
Total income			500,520		500,520	481,961		481,961
~ECh
Charitable activities		5	482,095		482,095	512,024		512,024
Net gains/(losses) investments		on 10	27,964		27,964
Net income/(expenditure)
for the year/
Net movement	in	funds	46,389		46,389	(30,063)		(30,063)
Fund balances at 1 January 2022			1,024,757	1,167,535	2,192,292	1,054,820	1,167,535	2,222,355
Fund balances	at	31
December 2022			1,071,146	1,167,535	2,238,681	1,024,757	1,167,535	2,192,292

				2022		2021
			Notes	f		6
Fixed assets
Property, plant and equipment Investment property			12 13		1,201,017 450,000		1,201,526 422,036
					1,651,017		1,623,562
Current assets
Trade and other receivables			14	26,835		25,385
Cash at bank and	in	hand		599,038		585,703
				625,873		611,088
Current liabilities			15	(13,377)		(14,415)
Net current assets					612,496		596,673
Total assets less	current liabilities				2,263,513		2,220,235
Non-current liabilities			16		(24,832)		(27,943)
~Udder
Net assets					2,238,681		2,192,292
Income funds
Restricted funds			19		1,167,535		1,167,535
f
Designated funds:
Designated funds				145,658		147,758
			20	145,658		147,758
General unrestricted		funds		925,488		876,999
					1,071,146		1,024,757
					2,238,681		2,192,292

					2022		2021
				Notes	6		f
Cash flows from operating		activities
Cash absorbed by operations				25		(9,772)		(26,138)
Investing	activities
Purchase	ofinvestment property						(422,036)
Investment	income received				26,218		7,837
Net cash generated from/(used			in)
investing	activities					26,218		(414,199)
Financing	activities
Repayment	ofborrowinge				(3,111)		(2,483)
Net cash	used in financing	activities				(3,111)		(2,483)
Net increase/(decrease) in		cash and cash
equivalents						13,335		(442,820)
Cash and	cash equivalents	at beginning		ofyear		585,703		1,028,523
Cash and	cash equivalents	at end of		year		599,038		585,703

2	Donations		and legacies
				Unrestdcted	Unrestdicted
				funds	funds
				2022	2021
					5
	Donations	and gifts		459,236	460,250
	Legacies receivable				83
				459,236	460,333
	Donations		and gifts
	Donations		and gifls	386,506	388,478
	Tax refunds			72,730	71,772
				459,236	460,250
3	Charitable		activities
				2022	2021
				8	8
	Lettings income			1,149	1,230
	Mission Trips Income			4,917	4,736
	Cottage rental income			9,000	7,825
				15,066	13,791
	For the year ended 31December 2021
	Unrestricted		funds		13,791

		Unrestricted	Unrestdicted
		funds	funds
		2022	2021
Rental	income	24,014	7,623
Interest	receivable	2,204	214
		26,218	7,837

5	Charitable activities
			2022	2021
	Salary costs		232,541	215,400
	Depreciation		509	1,015
	Pastoralexpenses		2,837	3,232
	Conference and delegate expenses		1,708	1,820
	Premises for parking		3,746	125
	Outreach		718	3,347
	Music and drama		2,053	1,868
	Books and purchases		658	793
	Catering		1,480	138
	Youthwork and other		10,724	8,391
	Mission trips and events		2,204	6,448
	Training		1,856	1,208
	Group ministries		1,349	1,674
	Sundries		5,227	7,097
	Church equipment repairs and renewals		5,547	8,942
	Electricity, Gas and Water		12,215	15,931
	Insurance		9,771	8,591
	Repairs and Maintenance		22,519	20,040
	Small Equipment		1,797	2,936
	Licences and Subscriptions		2,269	2,191
	Legacy expenditure		800
			322,528	311,187
	Grant funding ofactivities (see note 6)		88,062	111,030
	Share ofsupport costs (see note 7)		65,505	81,794
	Share ofgovernance	costs (see note 7)	6,000	8,013
			482,095	512,024
	Analysis by fund
	Unrestricted funds		482,095
	Forthe year ended	31 December 2021
	Unrestricted funds			512,024

				2022	2021
Grants to	institutions:
Christians	Against Poverty			19,781	19,775
General Gifts to organisations				4,000	5,839
Global Partners				14,307	14,708
Missionary	Organisations			15,954	13,670
Missionary	Partners			7,096	32,037
				61,138	86,029
Grants to	individuals			26,924	25,001
				88,062	111,030
Support and governance costs
		Support	Governance	Total	2021
		costs	costs	2022
		6		6	6
Salary costs		47,067		47,067	65,653
Telephone		4,142		4,142	3,567
Oflice and	Administration	14,296		14,296	12,574
Independent Examination			780	780	780
Accountancy			3,120	3,120	3,120
Legal and	professional		990	990	2,633
Bank Charges			437	437	466
Loan Interest			673	673	1,014
		65,505	6,000	71,505	89,807
d~ld	d I
Charitable	activities	65,505	6,000	71,505	89,807

The average	monthly number offull and part time emp	loyees during the year was:
		2022	2021
		Number	Number
Direct church	activities
Support
Thrivers
Total		12	13
Employment	costs	2022	2021
		K	8
Wages and salaries		240,648	244,450
Social security costs		15,273	14,265
Other pension costs		23,687	22,338
		279,808	281,053

Net gainsl(l	osses) on in	vestments
			Unrestricted	Total
			funds
			2022	2021
				8
Revaluation	ofinvestment	properties	27,964

12	Property and equipment	Property and equipment	Property and equipment
					Land and	Fixtures,	Total
					buildings	fittings 8
					6	equipment f
	Cost
	At 1 January	2022			1,200,000	52,544	1,252,544
	At 31 December 2022				1,200,000	52,544	1,252,544
	Depreciation	and impairment
	At 1 January	2022				51,018	51,018
	Depreciation	charged	in the	year		509	509
	At 31 December 2022					51,527	51,527
	Carrying amount
	At 31 December 2022				1,200,000	1,017	1,201,017
	At 31 December 2021				1,200,000	1,526	1,201,526
13	Investment	property
							2022
							6
	Fair value
	At 1 January	2022					422,036
	Net gains or	losses through		fair value adjustments			27,964
	At 31 December 2022						450,000

Trade and other receivables
	2022	2021
Amounts falling due within one year:	8	6
Other receivables	23,457	22,065
Prepayments	3,378	3,320
	26,835	25,385

15	Current	liabilities	liabilities	liabilities
							2022	2021
							6	6
	Other taxation			and social	security		4,334
	Baptist Union		Corporation		Ltd (Loan)		3,709	3,496
	Other payables						1,434	7,019
	Accrue(a						3,900	3,900
							13,377	14,415
16	Non-current		liabilities
							2022	2021
								6
	Baptist Union		Corporation		Ltd		24,832	27,943
17	Borrowings		(see note 21)
							2022	2021
							6	6
	Payable	within		one year		(see note 14)	3,709	3,496
	Payable	afier	one year			(see note 15)	24,832	27,943
							28,541	31,439

			Movement		Movement
			in funds		in funds
	Balance	at	Incoming	Balance at	Incoming	Balance at
	1 January 2021		~ssources1 January 2022		resources	31 December
			f	f		2022f
Property	1,167,535			1,167,535		1,167,535
The Properties are stated at cost off1,200,000 within		the balance sheet.		The difference off32,465 compared
to the fund balance represents	money raised through	unrestricted funds.

			Movement	in funds
		Balance st	Incoming	Resources	Balance at	Resources	Balance at
		1January 2021	resources	expended1	January 2022	expended	31 December 2022f
Legacies	General	36,526	83		36,609		36,609
Reserve	fund	85,000			85,000		85,000
Legacies	World Mission	31,549		(5,400)	26,149	(2,100)	24,049
		153,075		(5,400)	147,758	(2,100)	145,858

Analysis	ofnet assets between funds	ofnet assets between funds
	Unrastdicted		Restricted	Total Unrestricted		Restricted	Total
		funds	funds		funds	funds
		2022f	2022f	2022	2021f	2021f	2021f
Fund balances are represented		by:
Property, equipment	plant and	1,201,017		1,201,017	33,991	1,167,535	1,201,526
Investment	properties	(717,535)	1,167,535	450,000	422,036		422,036
Current assets/(liabilities)		612,496		612,496	596,673		596,673
Long term	liabilities	(24,832)		(24,832)	(27,943)		(27,943)
		1,071,146	1,167,535	2,238,681	1,024,757	1,167,535	2,192,292

	2022 8	2021f
Within one year	3,892	3,892
Between two and five years	5,838	9,730
	9,730	13,622

2022f	2021 K
141,133	130,829

work as em	ployees ofthe Church as allowed within the	Memorandum and Articles ofAssociation.
		2022	2021
		6
Salaries
D Treneer		42,048	38,646
SWalker		33,216	32,244
Employers	NIC
DTreneer		4,796	4,107
SWalker		3,513	3,231
Pension contributions
D Treneer		4,205	2,858
SWalker		3,322	3,224

25	Cash generated from	operations					2022f	2021f
	Surplus/(deficit) forthe	year					46,389	(30,063)
	Adjustments for:
	Investment income recognised in statement			offinancial	activities		(26,218)	(7,837)
	Fair value gains and losses on investment			properties			(27,964)
	Depreciation and impairment ofproperty,		plant and equipment				509	1,015
	Movements in working	capital:
	(Increase)/decrease in	trade and other receivables					(1,450)	4,767
	(Decrease)/increase in	trade and other payables					(1,038)	5,980
	Cash absorbed by operations						(9,772)	(26,138)
26	Analysis ofchanges	in net funds
						At 1January	Cash tlaws	At 21 December
						2022f	f	2e22 f
	Cash at bank and in hand					585,703	13,335	599,038
	Loans falling due aRer	more than one year				(27,943)	3,111	(24,832)
						557,760	16,446	574,206