2020-12-31-accounts - The Peoples Church (Banbury)

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			JAN - DEC2020	JAN - DEC2019PY)
Income
40002 Bookstall sales 40003~fund donations received				30.00 29,468M
40004 Family time income				501.8S
40005Foodbank income			85,299.70	6,374.67
40006 Gift Aid Recovered			15,232.44	28,211.52
40007 Grants received 40008tncoma from church	activities		29,775.70	19,999.00 ~4$5
40010 Rental income, Access income & Hire of facilities			21,379.65	18,125.00
4txrl1 Tithes &Offerings -	Standing	Order	101,719.70	84,028.95
40012Tithes &Offerings -	Sunday	Collection	8,282.01	38,125.67
40020 Interest received			346.09	30.45
IstaUneame			RR4ggRL2$	R22Z4$L28
TOTAL			R242/SK2$	CamWIL2e
Expenditures
Direct Charitable Expenditure
60001 Social Media/Advertising/Promotional			769.69	91.05
60002Baptist Mission Society				1,200.00
60003 Baptist Union Home Mission			1,200.00	1,200.00
60004 Books, Information	and publications		277.40	518.88
60005CAP fees and expenses			1561.00	7446.92
60006Conference fees			747.99	869.90
80007Donations			8,538.84	841.30
60008 Family time expenses			17.75	299.01
60009Foodbank costs			4,471.49	2,286.34
60010Foodbank motor expenses			2,522.40	1,459.19
60012Hospitality			2,587.84	7,195.74
60013Kids Church expenses			112.12	1,039.09
60014 Manstuff expenses				110.25
60015Music and licences			1,393.51	1,408.15
60016Safeguarding			205.87	597.00
60017Subscriptions			717.00	975.80
60018Visiting prtmchers			100.00	200.00
60019Young@Heart expenses				657.03
60020 Youth expenses			755.84	2,031.33
IetalDheet Cktadtahla &gtaaNhse			24+7884	3@gI2L$$
Staff Costs
61001Manse costs			13,814.19	11,122.16
61002Pensions			15,940.86	9,248.50
61003Staff training &welfare 61004Wages and salaries			1,528.05 100~76	213.59 104~~
IetaNhdf Ceata			1$QH1S	l25413A5
Support Costs
62001 Accountancy			465.60	460.80
62002 Bank charges			25.96	96.16
62004Cleaning			350.08	595.12


	JAN - DEC 2020	JAN - DEC2019(PY)
62005 Equipment expensed	486.86	2,096.91
62006 Equipment hire	1,774.05	1,939.73
62007 Insurance	3,204.08	3,477.25
6200&Legal and professional fees	2,766.00	1gQLOQ
62009 Manse mortgage	1,220.00	7,320.00
62011 Printing, Postage and Qationery	547.08	1,145.55
62012 Refurbishment ofchurch	61,281.72	135,408.06
62013Repairs and maintenance	2,867.92	2,612.70
62014Sofbvare and Website Costs	1,674.69	861~
62015Telephone and broadband	1,255.30	2,269.51
Tetal4uppatt Ceeta	17P1L34	104543A2
Utilities
63001 Electricity	3,769.39	2,499.30
63002Gas	2,565.37	4,006.62
63003Waste Disposal	940.09	1,406.51
63004Water	972.13	207.00
TelslU$5se	I~LSI	~194$
	~IS22	f822,8LL2$
NET OPERATING INCOME	R-%1A8	R~418AS
NET INCOME/(EXPENDITURE j		R-45g4NAN

			TOTAL
			ASOF DEC31,2020	ASOFDEC31,2019(PY)
Fixed Asset
Tangible assets
10001 Motor Vehicles Cost				5+1SAR
TetalIanihh aaaeta				~499	z
Tete' Asst				RSPlL88
Cash at bank and kt hand
11001Current Account			12,681.27	4,036.79
11002Family Time Cash 8 Bank			8.57	907.92
11003Food Bank Project			59,519.67	2,458.86
11004Saver Account			20,005.29	2,000.00
Tetalcaah 4tt~end&~			CR2140	RSg4CLKZ
Current Assets
12001 BUC Trust Fund			118,860.84
IetalCLinenthaaeta			Ri18+1014
NET CURRENT ASSETS			%211,l9584
NET CURRENT ASSETS(LIABILITIES)			R211+75AH
TOTAL ASSETSLESSCURRENT LIABH ITIES			RR14Nik4
Creditors: amounts falling due after more than		one year
25001 SCBABoiler loan			0,00	18,000.00
25002SCBALoan			D.DD	20,000.00
25003 Loan from church member			0.00	50,000.00
Tetatctedtata: atneuntaMhg	tILte aharmws	than ana yea	GUS	RSIJSL88
TOTAL NET ASSETS(LIABILITIES)				R-73,388A3
Charity funds
Restricted Funds
Restricted - Family Time Fund			8.57	907.92
Restricted - Food Bank Fund			59,519.67	2,458.86
TetakfleetdehedFunde			54%%354	~Ni2
Retained Earnings			0.00	0.00
Unrestricted Funds
Designated -BUCTrust Fund			118AI6OM	0.00
Designated -Capital Fund			31,139.00	0.00
Unrestricted -General Fund			6,914.99	18,665.87
TetalUntsatdcletit'unde			~1448	18+SRST
Surplus/(Deficit)			-151.43	-95,413.08
TetalChadtyfunds			%2942Si44	R-18P08AB

					SQRp
					reference
Summary		of	the		Para 1.17	he Objects ofthe Church are for the public benefit:
purposes	ofthe					1) to advance the Christian faith;
charity as		set	out in
its governing						) to relieve those in need by reason ofyouth, age, ill-health,
document						disability, fmancial or other disadvantage in our community,
						nation and the world in such ways as the Church Leadership			from
						time to time may think fit; and
						) to advance education in our community, nation and the	world		in
						such ways as the Church Leadership from time to time may think
						fit.
Summary ofthe main activities in					Para 1.17 and 1.19	The main activities have comprised: Sundays:
relation to		those				Main Service open to all.
purposes	for		the			Kids Church
public benefit,				in		Youth Provision
particular,		the
activities, or services identified accounts.		projects in the				Through the week: Small Groups - Fellowship, Prayer k,Bible Study Young at Heart - Group for over 60's Manstuff Breakfasts, Socials and Conference
						Youth
						Alpha
						Short Courses
						Foodbank for people in financial crisis in need ofemergency		food.
						Host for NHS Blood Donors
						The activities ofthe church are open to all.
Statement					Para 1.18	though the Trustees have not explicitly reviewed the guidance,			the
confirming		whether				hurch has always been run for the benefit ofits congregation		and	the
the trustees have had						ider community. Through the biblical teachings, the advancement			of
regard to	the					eChristian faith sees the attendees changing their attitudes	and
guidance	issued			by		ehaviours over time. Additionally, the church's services and		activities
the Charity						re available to anyone and everyone. The outreach through	the
Commission			on			oodbank is also for the public benefit, regardless ofrace, gender,			faith
ublic benefit						r abili

Additional		information	information	(optional)
You ma	choose to include further				statements where relevant about.
Policy on	grant				ogrants are made
makin				Para 1.38
Policy on	social				o social investments are made
investment including program related				Para 1.38
investment
Contribution		made			he church relies on volunteers	to function. This is not only during the
by volunteers				Para 1.38	Sunday service, &om welcoming people to helping run		the service
					tself, but beyond that to the mid-week small groups and involvement
					ith Foodbank. This voluntary	work would total some 100-200hours
					erweek.
Other
Achieve	me	nts	and	Performance
				soRp
				reference
Summary	ofthe main			Para 1.20	The year 2020 was one ofthree parts, Pre Covid, Furlough and
achievements ofthe					Recovery during the Covid -	19pandemic. Therefore	this Annual
charity, identifying			the		report will be delivered in three parts:
difference	the charity's
work has	made to		the		Pre Covid
circumstances ofits					From January to mid March.
beneficiaries and any					The operations and activities	ofthe church continued	as usual. This
wider benefits to society as awhole.					included the Main Service on to 200 adults and older youth.	Sunday where attendance is between A team of20volunteers serve in our		150
					welcome, hospitality, worship	and technical support teams.
					Youth Provision on Sundays	for the younger youth, regular youth
					socials and fortnightly Households on Tuesdays.
					Kids Church met every Sunday with ateam of21 adults and 5 young
					people (14to 16years old) delivering the Kids Church programme			in
					three areas ofthe Church building; The parent lounge		- for parents and
					under 3years old, the JAM room for the pre-schoolers		aged 3-5 and
					G4U2 for primary school children aged 6-11years old. Sessions ran
					alongside the Main Service for45 minutes.
					Over the period January to March 2020 we welcomed		49families to
					the Sunday Kids Church provision.
					Small groups including Young atHeart and Manstuff continued
					to meet during this time with	between 10-20attendees	each time.
					oodbank operated over five	mornings a week to provide emergency
					ood parcels to those in need.	The day to day operations offoodbank
					are covered by 25 volunteers	across all areas including	admin,
					warehouse, food collections &om local supermarkets		and food
					deliveries to each distribution	centre. The Project Manager overseas
					the volunteers and o erations.

At the start of2020we also began the process oftransitioning our
Community Pastor to an Associate Pastor Role to invest in Pastoral Care4 Support, Evangelism and Adult Discipleship. The appointment
for the Associate Pastor was approved at the church meeting in March.
Furlough
As aresult ofthe first lock down in March and following government
guidelines the church building was closed apart &om essential
services. This meant that all activities in the building ceased apart
from the essential services ofFoodbank and Blood Donors.
The impact ofthis meant;
All Sunday activities ceased and we moved our main church service
online, with pre-recorded messages and worship &om our homes.
A pastoral response was made by recruiting volunteers to check in with
the elderly and clinically vulnerable who had to self-isolate with a
regular phone call and to offer and give support with food shopping	and
picking up essentials like prescriptions. Some in these categories had
family and other support available around them.
AH staff were put on furlough with the exception ofthe Lead and
Associate Pastors who shared furlough at the beginning with athree
week on/off rota and then reduced hours to 3days aweek each.
This meant that our Kids Church Leader and Youth Leader were put
on furlough from March and all provision forKids and Youth
stopped. Our Caretaker and Finance Assistant were also put on
furlough.
Foodbank adapted to meet the needs ofthe wider community in this
challenging time oflock down and safety measures. The impact ofthe
self-isolation for the over 70's and clinicaHy vulnerable adults meant
that 65%ofour volunteers at the time could no longer help. Our
distribution centres were also impacted by this and two closed due to
no volunteers to run them. We were forced to reduce our opening times
to twice weekly. We adapted the way in which we gave out food as no
one could enter the building. This meant we were able to provide more
people with food despite the reduction in opening times.
Recovery
The main church continued to meet online with a recorded message
followed by azoom chat and coffee time to help the church family to
feel connected in this unusual time where many had been isolated
from family and &iends.
The 'Family Zoom' time Church was launched in September 2020.
These took place on Sunday mornings at 10am for 30minutes online,
they were fun sessions aimed at the whole family, incorporating prayer,
Bible teaching, games, crafts, worship and community time, based on
the focus ofconnection and discipleship. Alongside the Sunday
sessions afamily resource pack was collated which related to the
biblical teachin durin the sessions. A ou of10volunteers &om	the

Kids Church team delivered these packs to the families once per month.
This gave families the opportunity to keep in touch with familiar faces
fmm the Church and created acloser community.
Over the Family Zoom period we remained connected with 31
families (48 children).
Youth began meeting in May with the older youth over zoom,
initially every Tuesday evening. From September 2020we also
met with the younger youth for an hour on Sunday afternoons.
We held aface to face Autumn social meeting outdoors in line
with social distancing guidance. We made Christmas packs for
all the young people with crafts, gifh, bible verses and a
Christmas devotional. Since September the Youth team has been
supported by an Intern starting a 2-year student placement as part
oftheir ministry training.
Alpha Online was launched in September via zoom. There were
5volunteers and 6attendees.
In December we were able to hold our first physical gathering outside
following government guidelines for our Christmas Special Service.
There were 70attendees.

ou ma choo	ou ma choo	ou ma choo	se	to includ	e further sta	tements where	relevant about:
Achievements				against
ob'ectives	set				Para 1.41
Performance			of			uring 2020offerings and donations from church			attendees	were 17%
fundraising		activities			Para 1.41	ower than in 2019.This was		a consequence ofthe pandemic
against objectives set						ecessitating	closure ofthe church building &om		March 2020		with the
						esulting cessation ofcash offerings. An increase			in donations		made
						irectly into	the church bank	account, together with the provision				of
						overnment	support through	Furlough grants, enabled the Trustees to
						ontinue spending on the direct charitable activities ofthe church						and
						tain our staff.
						uring the closure ofthe building, our programme			ofchurch
						refurbishment	works was able to continue, with refurbishment
						x diture	in 2020 amountin	tof61,281.
Investment
performance			against		Para 1A1
ob ectives
Other
inancial		Review
					SORP
					refererrce
Review of		the			Para 1.21	come for 2020 totalled f242,035,an increase of6%compared						to
charity's	financial					019.The increase was largely the result ofincreased donations						into th
position at		the		end of		oodbank in	response to the	pandemic.
the period
						x enditure	in 2020 totalled	F242,186,includin	ex enditure		on	churc

				efurbishment amounting tof61,281.Excluding church	efurbishment amounting tof61,281.Excluding church	efurbishment amounting tof61,281.Excluding church	refurbishment
				osts, expenditure in 2020 totalled f180+05,a decrease			of4%
				ompared to 2019.
				2019,the church membership approved		the sale ofaredundant
				hurch manse. The sale was completed	in	March 2020for proceeds of
				315,000,which have been utilised to repay all existing			church debt,
				nd the church refurbishment programme,		and to set up a capital fund
				or future ca ital ex enditure u oses.
Statement explaining			Para 1.22	eTrustees have determined it is appropriate to hold 3 months of
the policy for holding				perating costs in cash, totalling around	f45,000.
reserves stating why
the are held
Amount ofreserves			Para 1.22	nrestricted reserves at 31December 2020 amounted tof156,763,Of
held				at total, f118,860are held in aBaptist	Union Corporation Trust Fund,
				nd the balance held as cash reserves.
				fthe unrestricted reserves total, f150,000is designated			as a capital
				nd for future capital expenditure.
				estricted cash reserves off59,528 are	held to meet future costs ofthe
				oodbank.
Reasons for	holding		Para 1.22
zero reserves
Details offund			Para 1.24	/A
materiall in	deficit
Explanation	ofany		Para 1.23	here are no concerns about the charity	as	agoing concern.
uncertainties	about	the
charity continuing		as a
oin concern

Additional informatio	Additional informatio	n (optional)	n (optional)	n (optional)
You ma choose to include		further statements where relevant about:
The charity's principal			eprincipal source offunds (excluding periodic fundraising activities
sources of {including	funds any	Para 1.47	or specific donations)	projects such as church refurbishment) is f'rom the offerings ofthe church attendees. This equates to around 80%when
fundraising)			eGift Aid ' dividuals.	is also considered. This income is &om a	large number of
			addition,	around 10%ofits income is from premises	hire and
			greements	to access the church's carpark.
Investment	policy and		o investments are made.
objectives any social	including investment	Para 1.46
olic ado	ted
A description ofthe principal risks facing		Para 1.46	he largest risk is that ofindividual donors stopping their giving. This ould likely be a slow decline over aperiod ofmonths and requires
the chari			onitorin	to ensure that ivin is maintained.
Other

	SORP
	reference
Description ofcharity's		one
trusts:
Type of governing		rust deed
document
(trust deed, royal
charter)
How is the charity		he Church	is constituted	as an unincorporated		association.
constituted?
(e.g unincorporated
association, CIO)
Trustee selection	Para 1.25	eprocess	for appointing	trustees	is outlined	in	the Church's
methods including details ofany		onstitution in section 10.6.This is stees, confirmed by the church's			by unanimous membership.		agreement ofthe
constitutional
provisions e.g.
election to post or
name ofany person or
body entitled to
appoint one or more
trustees

Additional informatio	Additional informatio	n (optional)
You ma choose to include		further statements	where relevant about:
Policies and
procedures adopted for the induction and		Para 1.51
training oftrustees
The charity's
or ganisational structure and any		Para 1.51
wider network with
which the charity
works
Relationship with	any
related parties		Para 1.51
Other

eference and	eference and	Administr	ative details
Charity name			he Peoples Church (Banbury)
Other name the charity uses			one
Registered	charity	number	1137118
Charity's	principal	address	ePeoples Chinch,
			orsefair
			anbury
			X16OAH

Names ofthe chari	trustees	who mana	who mana	ethe chari
Trnstee name	OKce(ifany)			Dates acted (ifnot for	name ofperson(or body)
				whole year)	entitled to appoint trustee (if
					any)
demola Oshodi
lexander Sherwood	reasurer
Stefan McNally
Sarah Williams
in-Chien Yeap	Church Secretary
uth Parle
drea Robinson				ntil 2November 2020
Co orate trustees —names ofthe directors at the date the re ort was a					roved
Director name
Name oftrustees holdin title to		ro e	belon	to the chari
Trustee name		Dates acted ifnot for whole year
aptist Union Corporation	Ltd
Funds held as custodian trustees on			behalf	ofothers
Description ofthe assets	held in
this capacity
Name and objects ofthe	charity on
whose behalf the assets are held and
how this falls within the custodian
charity's objects
Details ofarrangements	for safe
custody and segregation	of
such assets &om the charity's
own assets

,	Signature(s}
	Full name(s}	exander Sherwood	Sarah Williams
	Position (e.g.Secretary, Chair, etc.}	reasurer	sociate Pastor