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2020-09-30-accounts

Names ofthe char ity trustees wh ity trustees wh o ma nage the charity
Trustee name Office (ifany) Dates acted ifnot forwhole
ear
Name
toa
ofperson (or body) entitled
oint trustee
ifan
1 Vacant Minister Church Meeting
2 Melvyn Finerty Treasurer
&
Safeguarding
Office Ditto
3 Linda Nichols Ditto
4 Geoffrey Dunne Ditto
5
6
7
8
9
10
11
12
13
14
15
16
Names ofthe trustees for the charity, ifany, (for example, any custodian trustees)
Name Dates acted if not for a whole year
The Baptist Union Corporation Ltd
Baptist House, 129Broadway, Didcot,
Oxon, OX11 8RT
Names and addresses ofadvisers (Optional
information)
Names and addresses ofadvisers (Optional
information)
T
eofadviser
Name
Address
Independent
Examiner
Clive
Ellis
77 Cassiobury
Park Avenue, WD18 7LD
Name ofchief executive or names ofsenior staff members
(Optional
information)
N/A
~
e
~ ~
Description ofthe charity's trusts
Type of governing
document
Constitution
(Approved
Governing
Document)
How the charity is constituted Trust
Trustee selection methods Trustees are elected by the Church
Members'
Meeting;
with the exception
ofthe Minister, each Trustee's term of office is ofthree years duration.
Additional
governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:
The church was granted separate charitable
status on 22"' February
2011.All ofthe above-named
Trustees are in possession
ofthe Charity
Commission
guidance
leaflet CC3 "What Trustees Need To Know".
~
policies and procedures
adopted for the induction
and
The charity is a member
church ofthe Baptist Union ofGreat Britain and
training
oftrustees;
its local division, the Central Baptist Association.
It is affiliated to the UK
a
the charity's
organisational
structure
and any wider
Evangelical
Alliance.
It is also part ofan inter- denominational
"Christians
Across Watford" group which co-ordinates
town-wide
activities.
network
with which the charity
works;
~
relationship
with any related
parties;
The Trustees meet on a monthly
basis to review and discuss various
governance
issues, e.g.:financial
administration;
facilities &property
management;
children's
& youth work. Finance and Facilities teams,
accountable
to the Trustees, also exist to manage
day-to-day
aspects of
~
trustees'
consideration
of
these functions.
major risks and the system
and procedures
to manage
Children's
and Vulnerable
Adults Safeguarding
Representatives
are (re)-
them. appointed
annually
at the Church AGM each November.
Trustees
actively
undertake
Safeguarding
training
to maintain
appropriate
oversight.
The Charity
is governed
by an Approved
Governing
Document
which
states that its principal
purpose
is the advancement
ofthe Christian
faith
Summary
ofthe objects
charity set out in its
governing
document
ofthe according to the principles ofthe Baptist denomination;
to include the
advancement
ofeducation,
community
service and such other general
charitable
purposes
in such parts ofthe United
Kingdom
and the world
the Church
shall determine.
The Church occupies premises
which are
as
held by the Baptist Union Corporation
Ltd, on Trusts which are entirely
compatible
with the above object.
In order to achieve the principal
objective, which is set out above, the
church provides a variety ofactivities both to its membership
and to the
community
generally.
The aim is to show the love ofJesus Christ in both
word and deed and to bring people into a closer relationship
with Him as
living Lord.
Central to the work and witness ofthe church is the provision
ofa regular
public service of Christian
worship,
taking place each Sunday
morning
at
10.00a.m. A separate
children's
programme
is provided
during this
service. The church seeks to be a friendly and welcoming
community,
where
all are free to attend these services.
We have also continued
with alternative
style church services these
include Messy Church and Jimmy's
Cafe; both are aimed at the local
Summary
ofthe main
activities undertaken
for the
public benefit in relation to
these objects (include within
community
for whom a "traditional" Sunday church service might not
appeal. Messy Church
is a eral-based
form ofchurch service and
Jimmy's
Cafe is a cafe styled service reaching
out to another section of
our local community.
Further we have introduced
on Sunday afternoons
this section the statutory once a month,
Film Club.
declaration that trustees have
had regard to the guidance The church also runs a series of midweek
small groups
in individuals'
issued by the Charity homes for the growth
of faith and discipleship,
most groups meeting
on
a
Commission on public fortnightly
basis. These provide a basis for pastoral care ofthe individuals
benefit) who attend.
The church runs a Toddler Group which meets
in the Church
Hall on
Monday
& Friday mornings;
with the purpose ofassisting
the community
and demonstrating
the love ofJesus Christ. The church runs a fortnightly
craft group on Wednesday
Evenings.
Please note: - All ofthe above activities have been affected by the
COVID-19. As a church we have managed
some services either,
in the
church
hall or at the church,
having
made both premises COVID-19
secure. However, as restrictions
have developed
through
the year, most
ofthe activities are now undertaken
via the internet
on Zoom.
We have invited
many guest ministers to provide us with a service as we
are currently
without a full-time
minister,
either in person or via Zoom.

~
~
~
Summary of the main
achievements
ofthe charity
during the year
As a leadership
team, we meet once a month,
firstly to consider the
programme
ofevents, update
us on financial
matters,
then consider any
facility matters
and also respond to any ongoing
matters.
Our church membership
has fallen slightly from 25 members
to 23.This
is a result oftwo members
leaving
during the year. The treasurer
reported that total receipts for the year atf70.2K with a deficit ofE7.8K,
this was due to two items not included
in our original
budget.
One was
the purchase
ofa new projector for the church which was approximately
F7k and the other was f2k given to, one ofthe local charities we support,
New Hope, to help their work through
the first lockdown
period.
We have continued
to engage with our mission partners,
some ofwhom
have visited us during the year to update us on their work. We have also
taken a review ofour partners
and seen fit to revise the list according to
need and included a new locally focused resource within our community.
Also, we have added one-off donations
for specific needs.
We continue
with our close relationships
with other churches
in Watford
to promote the Christian
faith across our town. We also continue
with a
pulpit exchange.
Toddler Group, which meets on Monday 8 Friday mornings,
is a place
where the world comes into our church twice a week! Many who come
along are a long way from their families across the world. The sessions
are a buzz ofactivity,
with the opportunity
to build relationships.
Following
Jesus' example ofcoming to people, we are able to support people
in
their difficulties
and thus earn the right to move on to matters offaith.
Ruth reiterated
this message —we could be Jesus to people by serving
them. The multicultural
and multilingual
integration
at Toddlers had been
recognised,
described
by one attender as "like heaven
on earth.
In terms of our facilities, the main items to report for the past year are as
follows: As part ofthe Baptist Insurance
requirements
early in the year
fire safety surveys were carried out for the church and hall„with their
recommendations
being implemented.
As much as possible routine maintenance
tasks have been continued
throughout
the year despite the obvious impacts that COVID-19 has
caused.
Following
approval
at the church meeting
earlier this year a new projector
for the church was purchased.
Also; work on renewing
our telephone
and
broadband
agreement
with BTwas completed.
A large amount ofspecialist work was carried out to navigate
us through
the safety regulations
in order to make the church and hall buildings
ready and COVID-19 secure, as required
by the evolving
regulations
introduced
throughout
the year. Sothat we will be able to resume
physical services when restrictions
permitted.
During this coming financial year, the amount
and type offacilities work
that will be undertaking
will inevitable
be influenced
to a large degree by
COVID-19 and the restrictions.
Briefstatement
ofthe
Briefstatement
ofthe
Briefstatement
ofthe
Briefstatement
ofthe
The church aims to maintain
sufficient reserves to enable us to meet
our
charity's
policy on reserves
essential expenses for at least six months,
together
with consideration
over any ongoing
pension
deficit liabilities,
large scale facilities items,
together with a general contingency
fund for unseen
expenditure.
Details ofany funds
in deficit
materially None
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
relevant about:
~
the charity's
principal
The church continues
to raise funds which
it needs to carry on its
activities from within its own membership
and congregation.
It is not our
policy to raise funds via wider public appeal.
sources offunds (including The most significant expenses are the salary ofa Minister,
who leads and
any fundraising); co-ordinates
the church's
activities
including
the Sunday Services and in
~ how expenditure
has
supported
the key objectives
ofthe charity;
mid-week; to provide
pastoral care for the congregation
and other people;
and to equip and encourage
the membership
in their life, Christian
witness and service.
~ investment
policy
and The church expressed
its part in the life ofthe wider church
by making
objectives including any donations
to local, national
and international
Christian
organisations
and
ethical investment policy societies with aims and objectives compatible
with the church's
own
adopted. charitable
purpose.
The church is heavily dependent
on its membership
working as
volunteers
in all aspects ofthe church's
activities,
many ofwhich
run
with
little or no impact on the church's expenditure,
but nevertheless
contribute
substantially
to the achievement
ofthe church's objectives.
The financial
results for the year, together
with a summary
ofthe
accounting
policies adopted are set out in the accompanying
financial
statements.
The Trustees are satisfied that they have sufficient reserves at the
Balance Sheet date, together
with ongoing
income anticipated,
to enable
the church to function
effectively
during the forthcoming
year.
~ - . .
~
The trustees declare that they have approved
the trustees'
report above.

GENERAL RECEIPTS&PAYMENTS ACCOUNT
NOTE 2020 2019
RECEIPTSB
WEEKLY OFFERINGS 32,500.39 43,103.06
PAYMENTS IN LIEU 12,599.17 17,062.77
GIFTS 378.70 383.10
INVESTMENT INCOME 353.98 409.56
RENT (CHURCH, HALL ILMANSE) 8,230.00 14,010.00
RAISED FOR OTHER CAUSES 16,196.88 14,678.88
70,259.12 89,647.37
PAYMENTS:
MINISTRY 33,162.88 29,075.37
MISSION 27,423.84 18,216.86
UPKEEP OF CHURCH 12,088.43 9,508.97
AD04INISTRATION 5,367.00 5,589A6
78,042.15 62,390.66
SURPLUS /-DEFICIT FORTHE YEAR -7,783.03 27,256.71
BALANCE BROUGHTFORWARD 95,011.23 95,004.52
TRANSFER TO RESERVE FUND 27,250.00
BALANCE CARRIED FORWARD 87,228.20 95,011.23
RESERVE RECEIPTS & PAYMENTS ACCOUNT
NOTE 2020 2019
RECEBITS
OTHER RECEIPTS 0.00 0.00
PAYMENTS:
OTHER PAYMENTS 0.00 0.00
SURPLUS /-DEFICIT FOR THE YEAR 0.00 O.BO
BALANCE BROUGHT FORWARD 129,M3.53 102,593.53
TRANSFER FROM GENERAL FUND 0.00 27,250.00
BALANCE CARRIED FORWARD 129,843.53 129,843.53
STATEMENT OF ASSETS AND LIABILITIESAS AT 30TH SEPTEMBER2020
2020 2019
ASSETS;
BANK AND OTHER CASH BAlANCES 217,071.73 224JI54.76
REPRESENTING BALANCES ON THE FOLLOWING ACCOUNTS:
GENERALACCOUNT 87,228.20 95,011.23
RESERVE ACCOUNT 129,843.53 129,843.53
217,071.73 224,854.76

2020 2019 2020 2019
1.THESEACCOUNTS HAVE BEEN 7.ADMINISHIATION
PREPARE0ON A RECEIPTS Ik PAYMENTS PRINTING IkSTATIONERY 252.02
BASISAND ACCORD WITH THE5.133 TELEPHONE AND POSTAGE 1,305A6 1,512.22
CHARITIES ACT2011 ADVERTISING
SUBSCRIPTIONS
2.INVESTMENT INCOME OTHER 3,996.60 3,825.22
BANK INTEREST 353.98 409.56 LOAN
5,367.00 5,58946
3.OTHER CAUSES RAISED GIVEN RAISEO GIVEN
CENTRAL BAPTISTASSOC. 2,100.00 2,100.00 2,100.00 2,100.00
HOME MISSION/BMS 2,100.00 2,100.00 2,100.00 2,100.00 IL RESERVE RECEIPTS 0.00 0.00
SPORTS CHAPIAINCY UK 1299.96 1899.96 1,299.96 1,299.96
MARILYN BAKER 1,299.96 1,299.96 1899.96 1,299.96
IFES 600.00 600.00 600.00 600.00
TORCH TRUST 999.96 999.96 999.96 999.96 9.RESERVE PAYMENTS 0.00 0.00
WATFORD SCHOOLS TRUST 1,320.00 1,320.00 1,300.00 1,300.00
UR6AN SABIRS 0.00 0.00 S0.00 50.00
PCC WATFORD TOWN 1,200.00 1,200.00 1,679.00 1,679.00
OPERATION RUDOLPH 0.00 0.00 0.00 0.00 10.DRIER MONETARY ASSETS 0.00 0.00
NEW HOPE TRUST 3,200.00 3,200.00 2,050.00 2,050.00
CHRISTIAN AID 0.00 0.00 0.00 0.00
WATFORD REFUGEES 0.00 0.00 0.00 0.00
ALTERNATIVES 1,100.00 1,100.00 11.OTHER NON MONETARY ASSETS
OTHER 1,477.00 1,477.00 100.00 100.00 (A) HELD FOR INVESTMENT
16,196.88 16,196.88 14,678.88 14,678.88 PURPOSES
4.MINISTRY (8) HELD FOR CHURCH'SOWN USE
STIPEND 32,562.88 27,32587 CHURCH PRERKISES 1,721,287.00 1,677,664.00
PULPIT SUPPUES 600.00 1,750.00 CHURCH MANSE 250,000.00 250,000.00
NIANSE (SEEUPKEEP OF CHURCH PREMISES) CHURCH COMENTS 90,277.00 87,989.00
33,162.88 29,075.37 2,061,564.00 2,015,653.00
Note the valuation ofchurch and contents
5.MISSION is as insured
by Baptist Insurance
Company.
OTHER CAUSES 16,196.88 14,67ILBB Valuation
ofmanse
is current market value.
FELLOWSHIP &OUTREACH 2,574.74 1,635.45
WDRSHIP &MINISiRY 8,652.22 1,902.53
27,423.84 18,216.86
12.LIABILITIES
6.UPKEEP OF CHURCH PREMISES (A) CURRENT 0.00
LIGHTING AND HEATING 3,182.62 4,216.85
CLEANING 320.58 1,066.98 (8) LONG-TERM
INSURANCES 2,610.97 2,369.77 BU PENSION FUND DEFICIT 93,100.0D 137,500.00
REPAIRS & MAINTENANCE 5,974.26 1,855.37 Note the pension deficit valuadon is based on the
12,088A3 9,508.97 latest assessment
issued by The Baptist
Pension Trust.