# ## ## |||||TOTAL|| |---|---|---|---|---|---| ||||JAN - DEC 2021||JAN - DEC 2020 (PYl| |Income|||||| |40005 Foodbank income|||50,103.56||.65,299.70| |40006 Gift Aid Recovered|||12,719.18||15,232.44| |40007 Grants received|||33,767.98||29,775.70| |40010 Rental income, Access income & Hire offacilities|||24,498.00||21,379.65| |40011Tithes &Offerings -|Standing|Order|91,550.50||101,719.70| |40012Tithes &Offerings -|Sunday|Collection|2,884.53||8,282.01| |40020 Interest received|||247.70||346.09| |Ietaljneame|||R2Ãg11AS||g242,93IL29| |TOTAL|||R2~1A5||RS42AOL29| |Expenditures|||||| |Direct Charitable
Expenditure|||||| |60001 Social Media/Advertising/Promotional|||5,922.96||769.69| |60003 Baptist Union Home|Mission||1,200.00||1,200.00| |60004 Books, Information|and publications||228.61||277.40| |60005CAP fees and expenses|||||1,661.00| |60006Conference fees|||350.00||747.99| |60007 Donations|||2,344.00||6,538.64| |60008 Family time expenses|||||17.75| |60009Foodbank costs|||4,584.65||4,471A9| |60010Foodbank
motor expenses|||1,656.48||2,522.40| |60012 Hospitality|||460.11||2,587.84| |60013Kids Church expenses|||148.73||112.12| |60015 Music and licences|||3,751.01||1,393.51| |60016Safeguarding|||201.94||205.87| |60017Subscriptions|||840.25||717.00| |60018Yisiting preachers|||||100.00| |60020 Youth expenses|||1,671.23||755.84| |Ietal?Sect Chadltihla &yandltLNa|||29451.17||24+7M| |Staff Costs|||||| |61001 Manse costs|||13,312.18||13,814.19| |61002Pensions|||12,719.61||'15,940.86| |61003Staff training
&welfare|||2,712.00||1,528.05| |61004Wages and salaries|||102,959.65||100,658.76| |Ietalhtat Casts|||131788A4||13QH188| |Support Costs|||||| |62001 Accountancy|||518.40||465.60| |62002 Bank charges|||||25.96| |62004 Cleaning|||291.14||350.08| |62005 Equipment
expensed|||1,268.97||4S6.86| |62006 Equipment
hire|||1,725.17||1,774.05| |62007 Insurance|||3,300.05||3,204.08| |62008 Legal and professional
fees|||3,540.00||2,766.00| |62009Manse mortgage|||||1,220.00| |62010Office/General
Administrative||Expenses|348.79||| |62011 Printing, Postage and Stationery|||||547.08| |||||TOTAL||| |---|---|---|---|---|---|---| ||||JAN - DEC 2021||JAN - DEC|2020 (PY)| |62012 Refurbishment||ofchurch|12,331.09||61,281.72|| |62013Repairs and maintenance
62014Software and Website Costs|||3,799.57
853.25||,.|2,86?.92
1,674.69| |62015Telephone|and|broadband|1,106.17|||1,255.30| |Tetal:Sugtett Cests|||2 MINES||27P1L84|| |Utilities||||||| |63001 Electricity
63002Gas|||2,843.75
3,937.62|||3,769.39
2,565.37| |63003Waste Disposal|||732.00|||940.09| |63004Water|||997.62|||972.13| |TetalUllee|||~iLSI|||IWSJN| ||||f162,65ZJS||~SL72|| |NET OPERATING|INCOME||RÃ4114AS||R-%1AS|| |NET INCOME/(EXPENDITURE)|||~1%45|||| ## ## ## |||TOTAL|| |---|---|---|---| ||ASOF DEC31,2021||AS OF DEC31,2020 (PY)| |Fixed Asset|||| |Tangible assets|||| |10001 Motor Vehides Cost|5,216.00||5,216.00| |TetalIantllhh
assets|R5giL80||'R541L88| |TetalFbted~|C5gfL88||,RSg1tL88| |Cash at bank and in hand|||| |11001Current Account|12,717.44||'12,681.27| |11002Family Time Cash & Bank|0.00||8.57| |11003Food Bank Project|92,365.90||59,519.67| |11004Saver Account
Tetal Cashat~ and%Wand|10,000.00
,Ri15ISM||,20,005.29
SI2g14.18| |Current Assets|||| |12001 BUC Trust Fund|119,106.75||,118,860.84| |Ietal Cumanthssets|||R118+8844| |NET CURRENT ASSETS|||&11~$4| |NET CURRENT ASSETS (LIABILITIES)|||RRiip7LS4| |TOTAL ASSETSLESSCURRENT LIABILITIES|||22114?0144| |TOTAL NET ASSETS(LIABILITIES)|||M18gSfii4| |Charity funds|||| |Restricted
Funds|||| |Restricted - Family Time Fund|0.00||8.57| |Restricted - Food Bank Fund
TetalRestdetad
Funds|92,365.90
82+85.88||,59,519.67
48~~| |Retained
Earnings|0.00||0.00| |Unrestricted
Funds|||| |Designated
- BUC Trust Fund|119,106.75||118,860.84| |Designated
-Capital Fund|17,539.00||31,13S.OO| |Unrestricted
- General
Fund|-12,720.01||6,914.99| |TetalUntestdetadFunds|1R+4%74||1483| |Surplus/(Deficit)|23,114.45||-151.43| |Tetal Chatty funds|698485.88||RR10P81Ai4| ## ## ## ## ## ## ## ## ## ## ## ## ||||SORp|||||| |---|---|---|---|---|---|---|---|---| ||||reference|||||| ||Summary
purposes|ofthe
ofthe|Para 1.17|he Objects ofthe Church are for the public benefit:
1)
to advance the Christian faith;||||| ||charity as|set out in||||||| ||its governing
document|||2)
to relieve those in need by reason ofyouth, age, ill-health,
disability,
financial 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 tothose|||Main Service open to all.||||| ||purposes for the|||Kids Church||||| ||public benefit,
in|||Youth Provision||||| ||particular,|the||||||| ||activities, projects
or services
identified
in the|||Through the week:
Small Groups - Fellowship,
Socials|Prayer &Bible Study|||| ||accounts.|||||||| |||||Youth||||| |||||Alpha||||| |||||Short Courses||||| |||||Foodbank for people in financial
crisis in need ofemergency||food.||| |||||Host for NHS Blood Donors||||| |'|Statement||Para 1.18|The activities ofthe church
Ithough the Trustees have|are open to all.
not explicitly reviewed the guidance, the|||| ||confirming
whether
the trustees
have|||hurch has always been run
ider community.
Through|for the benefit ofits congregation
and
the biblical teachings, the advancement|||the
of| ||had regard|to the||he Christian
faith sees the|attendees
changing their attitudes|and||| ||guidance issued by|||behaviours
over time. Additionally,
the church's services and||activities||| ||the Charity|||re available to anyone and|everyone. The outreach through|the||| ||Commission|on||Foodbank
is also for the public benefit, regardless ofrace, gender,||||| ||public benefit|||aith or ability.||||| ## |You may choose to|You may choose to|include|further|statements
where relevant about:||||| |---|---|---|---|---|---|---|---|---| |Policy on grant||||No grants are made||||| |making||Para 1.38||||||| |Policy on social||||No social investments
are made||||| |investment
including||||||||| |program
related||Para 1.38||||||| |investment||||||||| |Contribution
made
by volunteers||Para 1.38||he church relies on volunteers tofunction. This is
unday service, from welcoming
people to helping||not only during
run the service|the|| |||||itself, but beyond that to the mid-week|small groups and involvement|||| |||||ith Foodbank. This voluntary
work would total some 100-200hours||||| |||||per week.||||| |Achievements|and Performance|||||||| ||||SORp|||||| ||||reference|||||| |Summary ofthe main|||Para 1.20|Forthe first half ofthe year, we held|worship
online giving our|||| |achievements
ofthe||||ongregation
the opportunity
to see one another,||sing, pray and|gathe|| |charity, identifying||the||around the Scriptures.||||| |difference the charity's||||ereopened our building for public|worship and|other gatherings||in| |work has made to the||||ugust of2021-this was a significant|moment
in the life ofour|||| |circumstances
of|its|||ommunity
after the pain ofmultiple|lockdowns.|||| |beneficiaries
and|any|||Reopening
was particularly
important|for members ofour community|||| |wider benefits to||||ith children,
and for our young people, who were able to gather and||||| |society as a whole.||||ocialise with one another again.||||| |||||Our Foodbank programme
operated throughout||2021providing|vital|| |||||ood aid forthose in need.||||| |dditional
information|||(optional)|||||| |ou may choose to|include further statements
where relevant about:|||||||| |Achievements
against||||||||| |objectives set|||Para 1.41|||||| |Performance
of||||During 2021offerings and donations|from church|attendees were 149'||| |fundraising
activities|||Para 1.41|lower than in 2020. As a consequence|ofthe pandemic, the church|||| |against objectives|set|||building
remained
closed for services|until August|2021,with a||| |||||resulting
drop in regular offerings.
The provision||ofgovernment||| |||||upport through
Furlough
grants enabled the Trustees to continue||||| |||||spending
on the direct charitable
activities ofthe||church and retain||ou| |||||taff.||||| |||||hroughout
the year, there continued|to be a high level ofcash|||| |||||donations
received into the Foodbank, which has||enabled the church||| |||||ocontinue
meeting the increasing
level ofdemand across Banbury||||for| |||||he support ofthe Foodbank.||||| |Investment||||||||| |performance
against|||Para 1.41|||||| |objectives||||||||| ## ## ## |inancial|Review||||||| |---|---|---|---|---|---|---|---| |||SORp|~||||| |||reference|||||| |Review ofthe charity's||Para 1.21||Income for 2021totalled f215,771,a decrease of1196compared to|||| |financial|position at|||2020.|||| |the end ofthe period|||||||| |||||Expenditure
in 2021totalled f192,657,|including
expenditure
on||| |||||hurch refurbishment
amounting
tof12,331(compared|||tof61,281in| |||||2020). Excluding church refurbishment|costs, expenditure||in 2021| |||||otalled f180,326, in line with the 2020|total off180,905. Following||| |||||he financial
uncertainties
resulting
from the pandemic,|||the church has| |||||continued to keep a careful watch over|its operational|spending.|| |Statement|explaining|Para 1.22||he Trustees have determined
it is appropriate
to hold||3months of|| |the policy|for holding|||operating
costs in cash, totalling around|f45,000.||| |reserves stating why|||||||| |they are held|||||||| |Amount ofreserves||Para 1.22||Unrestricted
reserves at 31December 2021amounted||tof147,040.Of|| |held||||hat total, f119,106is held in a Baptist Union Corporation|||Trust Fund,| |||||and the balance is held as cash reserves.|||| |||||Ofthe unrestricted
reserves total, f136,645 is designated|||as a capital| |||||und for future capital expenditure.|||| |||||Restricted cash reserves off92,365are|held to meet future costs of||| |||||he Foodbank.|||| |Reasons for holding||Para 1.22||N/A|||| |zero reserves|||||||| |Details of|fund|Para 1.24||N/A|||| |materially|in deficit||||||| |Explanation
ofany||Para 1.23||here are no concerns about the charity|as a going concern.||| |uncertainties
about|||||||| |the charity continuing|||||||| |as a going|concern||||||| ## |Additional
informatio|Additional
informatio|n
(optional)|n
(optional)|n
(optional)|||| |---|---|---|---|---|---|---|---| |You may choose to include||further statements
where relevant about:|||||| |The charity's
principal|||he principal source offunds (excluding periodic fundraising||||activities| |sources of
(including|funds
any|Para 1.47|orspecific
(donations)|projects such as church refurbishment)
ofthe church attendees.
This equates|is from the offerings
to around 809'when||| |fundraising)|||he Gift Aid|is also considered. This income isfrom a large number of|||| ||||individuals.||||| ||||In addition,|around 10%ofits income is from premises||hire|and| ||||greements|to access the church's car park.|||| |Investment|policy and||No investments
are made.||||| |objectives|including||||||| |any social investment||Para 1A6|||||| |policy adopted|||||||| |A description
ofthe
principal
risks facing
the charity|Para 1.46|Para 1.46|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.|he largest risk isthat ofindividual
donors stopping their giving. This
ould likely be a slow decline over a period ofmonths and requires
monitoring
to ensure that giving is maintained.| |---|---|---|---|---|---|---|---|---|---| |Other|||||||||| |tructure,
Governance||and|Management||||||| ||SORp||||||||| ||reference||||||||| |Description ofcharity's|||None||||||| |trusts:|||||||||| |Type ofgoverning|Para 1.25||rust deed||||||| |document|||||||||| |(trust deed, royal|||||||||| |charter)|||||||||| |How isthe charity|Para 1.25||he Church|is constituted||as an unincorporated|||association.| |constituted'?|||||||||| |(e.g unincorporated|||||||||| |association,
CIO)|||||||||| |Trustee selection|Para 1.25||he process|for appointing||trustees|is outlined|in the Church's|| |methods
including
details ofany|||onstitution
in section 10.6.This is by unanimous
rustees, confirmed
by the church's
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 may choose to include||further statements|where relevant about:| |Policies and|||| |procedures
adopted
for the induction
and||Para 1.51|| |training oftrustees|||| |The charity's|||| |organisational|||| |structure
and any||Para 1.51|| |wider network
with|||| |which the charity|||| |works|||| |' Relationship
with|any||| |related parties||Para 1.51|| |Other|||| ## ## |Names ofthe char|ity truste|es who man|age the charity|| |---|---|---|---|---| |Trustee name|Office|(ifany)|Dates acted (ifnot for|name ofperson (orbody)| ||||whole year)|entitled toappoint trustee| |||||(ifany)| |raig Corbett|Church|Secretary|Appointed|| ||||6March 2022|| |lexander Sherwood|reasurer|||| |Stefan McNally|Lead Pastor|||| |arah Williams|ssociate Pastor|||| |Ruth Parle|Health|8cSafety||| |Merid Desta|afeguarding||Appointed|| ||||18September 2022|| |in-Chien Yeap|Church|Secretary|Resigned|| ||||6March 2022|| |Corporate trustees|—names ofthe directors at the date the report was approved|—names ofthe directors at the date the report was approved|—names ofthe directors at the date the report was approved| |---|---|---|---| |Director name|||| |Name oftrustees|holding|title to property|belonging tothe charity| |Trustee name||Dates|acted ifnot for whole year| |Baptist Union Corporation||Ltd|| ## ##