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2022-03-31-accounts

LIMES AVENUE BAPTIST CHURCH

ANNUAL REPORT

2021/22

Love the gospel, live the gospel, share the gospel

NAME

The charity is known as Limes Avenue Baptist Church.

REGISTERED STATUS

The Church operates as a registered charity.

The Charity Commission Registration Number is 1140574.

ADDRESS

Address of the Church is Limes Avenue, Aylesbury, Buckinghamshire, HP21 7HE.

TRUSTEES

The Trustees during the period 1st April 2021 to 31st March 2022 were:

Mr Paul Brown Mr Ian Woodward Mr Keith Charlton Mr Martin Simpson Mr John Dargie (to Jan 2022) Mr Ajith Ajithiran Mr Keith Sullivan Mr James Charlton Dr Philip Woodley (to Dec 2021) Mr Leroy Wint

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Elders and Deacons form the Leadership Team of the Church.

Elders are appointed by the Church Members, with no limit to their term of service. Matthew Benton was appointed as an Elder on 1 August 2015 and as Pastor on 24th April 2017. Paul Brown has been an Elder of Limes Avenue Baptist Church for many years. John Dargie was appointed as an Elder on 19 February 2012, having previously been elected as a Deacon in 2010. Thomas Copperwheat was appointed as an Elder in May 2016 and as Assistant Pastor in April 2017. In October 2021 the church appointed Thomas to continue as Assistant Pastor, replacing his 5 year contract with a full term contract. Keith Charlton was appointed to the eldership in 2018.

Deacons are appointed by the Church Members at the Annual General Meeting to serve a period of three years. Deacons may stand for more than one period of office. Keith Sullivan and Leroy Wint were re-elected in 2021. Philip Woodley was re-elected

in 2019. Philip stood down as a deacon and trustee in December 2021 as he moved on from the church. Ian Woodward, James Charlton, Martin Simpson and Ajith Ajithiran were elected as Deacons in 2019.

Ian Woodward has transitioned to the role of Treasurer since April 2021. He is assisted in that role by the church administrator Lynne Boyt and continues also to have the aid of the previous treasurer Tim Storey.

John Dargie took a period of sabbatical from January 2021. In January 2022, the decision was taken between the elders and John for John to step back completely from his role as an elder and trustee.

There is no upper limit to the number of Elders or Deacons who can be appointed. The Elders generally meet fortnightly although this has been less over this past year due to increased Elders and Deacons meetings. Since the start of the COVID pandemic the Elders and Deacons have met on a monthly basis rather than bimonthly as before.

Again, due to the pandemic the quarterly Church members’ meetings and Annual General Meeting have taken place on Zoom during this past year. New members are admitted to the membership of the Church after interview and baptism by immersion upon confession of faith in the Lord Jesus Christ. All Members are entitled to attend the Church Meetings, but voting restrictions may apply to Members for various reasons including inability to worship regularly at the Sunday Services.

GOVERNING DOCUMENT

The Church is governed by its Handbook which was updated, approved and reissued in 2019. This sets out:

The document sets out how the Church governs itself in accordance with Biblical and legal requirements. The current version of the Handbook was formally adopted at a Special Church Meeting held on Sunday 19[th] December 2010.

APPOINTMENT OF TRUSTEES

Trustees are appointed from within the Elders and Deacons. All the elders and deacons serve as trustees apart from those who are also employed by the church.

AUTHORITY TO APPOINT TRUSTEES

Only the Church Members, meeting in formal session, have the right to appoint Pastors, Elders and Deacons, which may confer on them the duty of Trustee. No one outside the Church has the right to appoint Trustees.

OBJECTIVES AND ACTIVITIES

The principal objective of Limes Avenue Baptist Church is to glorify God through the advancement of the Christian faith according to Baptist principles and in accordance with the Basis of Faith. This objective is pursued through the individual and corporate lives of members. The church is a group of individuals drawn together through the work of the gospel of Jesus Christ. Into this gospel church members have been saved. As such we are those who seek to love the gospel, live the gospel and share the gospel with others. As a corporate body, the Church seeks to encourage and enable individuals to honour and serve Christ in every area of daily life. As individual Christians, Church Members seek to build up and strengthen the Church through their daily work and witness, both independently and through corporate activity. Through much of this past financial year, the regular activities of the church have continued to be curtailed due to the COVID pandemic, however our objectives have remained the same. When we have not been able to meet in person many of our regular meetings have happened online using Zoom and YouTube. This season has also created opportunities for individual members to show care to one another and also those outside the church. It has also been given time and space to reset a number of the ministries of the church as we look to the future.

The principal activities of the Church are:

PUBLIC BENEFIT STATEMENT

Limes Avenue Baptist Church aims to provide public benefit through the advancement of the Christian Religion, in accordance with Reformed Evangelical theology, and through the various activities highlighted above. The main geographical area of activity will be Aylesbury and its immediate surrounding environs. However, Limes Avenue Baptist Church believes in global mission, in accordance with the command of Jesus Christ in Matthew 28:19-20. We will therefore provide support to Members, other individuals and organisations, as resources permit, where such individuals and organisations are seen as sympathetic to our theological position and are themselves engaged in the promotion of the Christian Religion.

The Leadership Team are responsible for ensuring that benefit is maximised having regard to available resources and according to perceived need, and initiates new programmes and activities, or terminates existing programmes and activities accordingly. In seeking to provide public benefit, Limes Avenue Baptist Church

recognises that benefits might only emerge over a lengthy period of investment in an activity or organisation. The Leadership Team seeks to ensure that no individual, or section of the local community, is unreasonably excluded from deriving personal benefit from appropriate activities.

Matthew Benton

ORGANISATIONAL AFFILIATIONS AND SUPPORT

The Church continues to be affiliated at various levels with the Grace Baptist Mission (GBM), the Grace Baptist Assembly, the Grace Baptist Trust Corporation, the Association of Grace Baptist Churches (South East) (AGBC(SE)) and in particular with the local expression of that body as the North-West District. The Church is also a member of Affinity. We continue to support various missions, as recorded in the Church report.

Matthew Benton

RISK

Overall Risk Management responsibility resides with the Trustees.

The main risks are associated with the care of children and vulnerable adults. Limes Avenue Baptist Church is a member of ThirtyOne:eight formerly known as Churches’ Child Protection Advisory Service (CCPAS), and continually develops policies to address these risks based on those policies produced by CCPAS. All key workers involved in working with children hold appropriate CRB / DBS assessments. The charity did not experience any serious incidents or other matters that should have been brought to the attention of the Charity Commission.

Property related risks are managed on a day to day basis with the Leadership Team receiving regular reports on property related issues. Fire Risk assessments are undertaken as appropriate.

In line with Government guidance, the church has included in its risk assessment steps to minimise the risk of the spread of COVID through the activities of the church, particularly in relation to the use of the building. This has been very much a live document, changing in line with Government advice and legislation for places of worship.

Financial risk is managed through the maintenance of appropriate financial reserves, and the reserve levels are monitored by the Leadership Team.

Responsibility for maintaining our Reformed Evangelical theological position lies firstly with the Eldership who are primarily responsible for spiritual oversight. The Eldership is ultimately accountable to the Church membership.

Matthew Benton

CHURCH REPORT

Achievement and performance 2021 / 2022

The mission of LABC is to love the gospel, live the gospel and share the gospel. This mission underpins our worship, fellowship, teaching, service and evangelism.

In April 2021 we were still in the throws of the COVID-19 pandemic with the profound impact that had on many of the activities of the church. However, over the course of the past 12 months, as things have opened up more, it has given opportunity to restart some activities and to begin some new initiatives.

Through the challenges of the pandemic, as a church family, we have sought to fulfil our calling to be witnesses for Christ even in the midst of trials and our weaknesses and failings. We have, as a church family, known times of joy and times of sadness, times of encouragement and times of disappointment but the Lord has been with us. We have endeavoured to support those in need with spiritual and practical care. We trust we have faithfully served our Lord and the community in which He has placed us.

At every stage we have sought as a church to act in accordance with the guidance and legislation of the UK government as set out in their ‘guidance for the safe use of places of worship and special religious services and gatherings during the pandemic.’ We have been thankful that over the past twelve months there has been a relaxation of guidance allowing us to worship more freely. At the same time we have continued to use online platforms as way of meeting where that has been more appropriate, particularly as we seek to serve those who continue to need to be careful in meeting face to face with others.

SUNDAYS

Through the spring and summer of 2021 we held the first half of our morning service outside in our car park. The COVID guidelines at the time meant that there was greater freedom to sing and interact outside rather than inside. It was also an opportunity to make our Sunday gatherings more visible to the neighbourhood. In September we held our services back inside. We have been encouraged as God has spoken to us as a church through this year through the Bible as we have studied 2

Chronicles, Acts, 1 Peter and Matthew. We also ran series addressing tough questions and on engaging with church.

The autumn also saw us return to being able to offer two Sunday school classes for children during the morning service and creche facilities. Initially these were staffed by parents but since the New Year we have been to offer fuller creche facilities. This enables parents of young children to be able to engage more fully in our services.

At the beginning of 2022, in a desire to focus the church on prayer and dependance on God, we began a monthly all-age prayer meeting on a Sunday afternoon at 4pm, instead of the evening service. This draws people of different ages , from children to seniors, to pray and worship and fellowship together. The service is normally around 45 minutes followed by tea and toast together.

MIDWEEK at LABC

The summer of 2021 also saw a number of our midweek activities restart. The fortnightly ladies Bible study, WOW, began meeting again in person having gathered over Zoom for the previous 18 months. Likewise the work aimed at senior folk restarted on a Tuesday afternoon, initially over the summer making the best of the weather and meeting outside. From September it moved into the church building. The bi-weekly central prayer meeting also moved back to meeting at the church although home groups largely continued on zoom for the most of the year. More recently, when guidance was finally lifted in March 2022, different groups have begun meeting in person.

While we have been keen to meet again in person because this is an essential part of our Christian worship and witness, we have sought to continue to benefit from the flexibility technology like Zoom and YouTube enables. Not only in supporting those who have needed to continue to shield, but such technology also allows couples with younger children to join meetings together. Further it opens up some opportunities to have meetings with outside speakers who have not needed to travel to us. In particular it has enabled us to connect with some our mission partners on the field.

Equally we have sought to continue benefit from some of the more creative ways in which we learned to support and encourage one another through lockdown. A number of prayer groups that began to meet using Zoom during the pandemic continue to do so. Much of the care that was offered to those isolated during the pandemic also continues.

The past two years have also given opportunity to reflect on the direction of some of the ministries in the church. In particular we have had a reset of our midweek children’s ministry to focus more on families. In September 2021, we launched a new ministry called Wayfinders aimed at families in the church. The ministry has two strands, firstly a monthly meeting where we meet together as families to eat, to have fun and to learn together what it means to grow together in our knowledge of God. Then on the other weeks we have activities aimed at the children; games, singing, looking together at the Bible, which is run by the parents.

OUTREACH

Opportunities to share with others the news of the Lord Jesus has been limited during this year, with many of the ministries of the church being paused. Despite this we sought to share of the hope that Jesus brings particularly in a season where so many were afraid. In May 2021 we streamed an event online entitled “hope in the face of death”. Jeremy Marshall, the former CEO of the UK’s oldest private bank who lives with incurable cancer shared his story of trust in Jesus Christ. The event allowed people to watch online and send in questions.

During this past year, events outside have also worked well. In the run to Christmas we held our community carols event in the car park of the church. We served hot punch and hot dogs and sang carols. Lots of people from the neighbourhood and families from the preschool attended.

We have also been able to continue our contact with local primary schools. The assistant pastor has had a number of opportunities with assemblies and in October we had one school visit to learn about Christian worship.

PRESCHOOL

Throughout this past year our Ofsted inspected preschool which strives to support children in early years in their development and learning, remained open. Alongside the Early Years Foundation Stage Statuary Framework the Pre-school ministry introduces the children to the love of Jesus. Topics covered this year 'All things bright and beautiful', ‘Noah’ and 'thank you Lord’.

Over the past year there has been a rise in admissions which has been encouraging. A particular emphasis, as restrictions have allowed, has been to invite parents to join in with preschool activities. Pre-school has invited parents into Preschool to celebrate Christmas, Easter and the End of Year celebration / Graduation. All these events have been well attended.

The Preschool has also seen a number of staff changes. Long-time member of staff Jenny Riordan moved on to other employment in the Autumn. The church is grateful for her many years of service. In the spring the Pre-School appointed a parttime Preschool assistant.

The Preschool has also been wonderfully supported by a number of volunteers who come in to help with stories, singing and craft and not least those who form the Preschool committee to ensure things run in good order. The staff are so thankful for those who give so freely of their time.

SUPPORTING OTHER CHURCHES AND MISSION ORGANISATIONS.

The church has continued its links with other churches in our association as well as its support to missionary work in various countries. After a break because of lockdown, we restarted the training men programme that we have been running with other churches bi-monthly on a Saturday morning. We have also joined with district churches to pray.

We have continued to support a number of missionaries as they seek to share of God’s love in different parts of the world. Our harvest offering was given to the work of Foundation Matters and Food Gives a project through Barnabas Fund. Our Christmas offering was used to support the work of 100Fold and London City Mission.

OTHER MATTERS

This past year has also given opportunity to take some steps forward in improving our building and making plans to redevelop part of the building. In the summer, the ladies toilets were refurbished and with the help of a local architect, Bob Thompson, plans have been developed to redevelop the main hall and to create a large entrance area. The initial proposals were agreed by the church in the autumn and a building development team was established to take this forward over the next couple of years.

Also of significance to the mission and ministry of the church was the decision taken in October to extended the contract of our assistant pastor, Tom Copperwheat. This was made with the overwhelming agreement of members. Much gratitude was expressed for the work that Tom has done, his creativity and the manner in which he goes about his ministry. We look forward to his continued ministry amongst us.

We have continued to ensure the church is GDPR compliant and completed the yearly audit.

While there have been less activities in the church, because of the desire to adhere to government guidance, there has been more work in facilitating the ministries that have been operating. Much of this has been through the willingness of volunteers to give of their time in order that these activities are run effectively and adhere to the requirements for the safeguarding of all. We are ever so thankful for all these volunteers, “Thank you.”

Matthew Benton

Plans for 2022/23

We hope, by the enabling of God, for things, more generally, and in the life of the church to open up more and more in the coming year. We trust this will give us renewed opportunities to seek to fulfil the mission of the church and to reach the community in which God has placed us. We also look to the Lord to guide and mature His people through the coming year.

As church life returns to something more normal we are planning over the coming months to refresh and re-envision our small group gatherings. We hope that will create greater flexibility in our meeting to enable more folk to participate. The aim will continue to be one of growing together in the gospel. On a Sunday morning the plan for our teaching is to look at the books of Ecclesiastes and Romans.

We also anticipate that this year will see some significant steps taken in our building redevelopment plan. We hope in the late summer, early autumn to be seeking planning permission for this work.

Matthew Benton

FINANCE TEAM

Financial Review

Fundraising

It is the belief of this Church that the responsibility of funding the activities of the Church rests with the members. Consequently we do not make public appeals, or undertake street collections, or telephone appeals to raise funds.

Details of the Church expenses are shared with the Church on a quarterly basis and therefore the members are encouraged to give according to how the Lord prompts. In some cases the congregation is encouraged to give to a specific cause, e.g. at harvest or at Christmas.

In the case of Pre-school, the funding is via the Government grants and also the parents pay for their children to attend a number of sessions that are not paid for by the Government.

Performance for 2021-22

The year 2021-22 has shown a continued financial stability. With income for both preschool and general remaining the same as the prior year. Mission income reduced as a result of giving for Harvest and Christmas being lower than the prior year.

Expenditure was generally in line with the prior year although the pre-school was lower as a result of staff turnover.

Costs were incurred on the building work of £14,865 and £12,921 for the ladies toilets. These were taken out of the building fund and legacy funds.

The charity continues to have a more than healthy surplus with £303,105 of unrestricted funds and £15,170 of restricted funds available with expenditure in the year of £136,149 on the Church general fund, £48,752 for the pre-school and £1,053 for the TOFS and so if there was no income then the charity could survive for 20 months.

We continued to support financially the following organisations: Association of Grace Baptist Churches (South East), Home Mission, 100fold, United Beach Mission, and Jason and Andrea Murfitt as they work in Madeira.

Reserves

The Church continues to maintain reserves against our regular expenditure. In addition, reserves are available separately for projected future building developments and in relation to various legacies given to the church over the years. We are grateful to God for additions to these funds.

Fund Type Reserves
Pre-school Restricted 6,406
TOFS Restricted 1,687
Building Restricted 126
Other Restricted 6,951
General Unrestricted 79,756
Legacy Unrestricted 223,349

The Church premises, and the manse at 75 Limes Avenue, are owned by Grace Baptist Charities Ltd. However, the church is responsible for the maintenance of these properties.

Plans for 2022/23

As we have budgeted for the coming financial year we have anticipated increased spending on both the church building and manse in terms of maintenance and renovations.

We will continue to support the Church in the use of literature to reach out and disciple those who are connected with the Church.

The Church voted on changes to the building and we will continue to mature these plans working with professionals to bring about a revised scheme for planning.

Limes ABC Pre-school Financial Performance 2021/22

The pre-school financial position improved over the course of the year but it shows only a slight profit.

Plans for 2022/23

Staff salaries will be reviewed as per our normal practice. However, given the financial situation the income for the group will be monitored closely.

COVID-19

The finances of the Church have been hit in recent years due to members passing on, which has been reflected in large legacies and others who have left the Church for various reasons. Individual giving by those who regularly give has generally remained the same through out the period.

There has been no real increase or decrease in expenditure as a result of COVID 19.

Limes Avenue Baptist Church Limes Avenue Baptist Church Limes Avenue Baptist Church Charity No 1140574 1140574
Annual accounts for the period
Period start date From 01/04/2021 To Period end
date		 31/03/2022
Section A Statement of financial activities (including summary income and
expenditure account)
Recommended categories by activity Unrestricted
funds		 Restricted
income
funds		 Total funds Prior year
funds
£ £ £ £
Income (Note 3)
Income and endowments from:
Donations and legacies 128,517 40,889 169,406 306,379
Charitable activities - 18,880 18,880 4,169
Other trading activities 70 - 70 349
Investments 2,544 723 3,267 2,607
Total 131,131 60,492 191,623 313,504
Expenditure (Notes 5)
Expenditure on:
Charitable activities 157,346 65,683 223,029 197,844
Total 157,346 65,683 223,029 197,844
Net income/(expenditure) before tax for the reporting 26,215
-		 5,191
-		 31,406
-		 115,661
Net income/(expenditure) after tax before investment 26,215
-		 5,191
-		 31,406
-		 115,661
Net income/(expenditure) 26,215
-		 5,191
-		 31,406
-		 115,661
Extraordinary items - - - -
Transfers between funds 1,740 1,740
-		 - -
Other recognised gains/(losses):
Net movement in funds 24,475
-		 6,931
-		 31,406
-		 115,661
Reconciliation of funds:
Total funds brought forward 327,580 22,101 349,681 234,020
Total funds carried forward 303,105 15,170 318,275 349,681
Section B Balance sheet
Unrestricted
funds		 Restricted
income
funds		 Total this
year		 Total last
year
£ £ £ £
Fixed assets
Tangible assets (Note 9) 5,687 516 6,203 7,588
Total fixed assets 5,687 516 6,203 7,588
Current assets
Debtors (Note 10) 13,693 1,048 14,741 77,118
Cash at bankand in hand (Note 12) 286,071 16,448 302,519 271,233
Total current assets 299,764 17,496 317,260 348,351
Creditors: amounts falling due within one year (Note
11)		 2,346 2,842 5,188 6,257
Net current assets/(liabilities) 297,418 14,654 312,072 342,094
Total assets less current liabilities 303,105 15,170 318,275 349,681
Creditors: amounts falling due after one year - - - -
Total net assets or liabilities 303,105 15,170 318,275 349,681
Funds of the Charity
Restricted income funds (Note 13) 15,170 15,170 22,101
Unrestricted funds 303,105 303,105 327,580
Total funds 303,105 15,170 318,275 349,681
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value
unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by
Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
1.2 Going concern
The reserve funds are significant to see through a long period of time with no further giving provided.
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies.
1.4Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
1.5 Material prior year errors
No materialprioryear error have been identified in the reporting period(3.47 FRS102 SORP).
Note 2 Accounting policies
2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:

• the charity becomes entitled to the resources;

• it is more likely than not that the trustees will receive the resources;

• the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.
Grants and donations Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent that the
charity has provided the specified goods or services as entitlement to the grant only occurs
when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant
of probate, the executors have established that there are sufficient assets in the estate and any
conditions attached to the legacy are either within the control of the charity or have been met.
Government grants The charity has received government grants in the reporting period

Tax reclaims on donations and gifts		 Gift Aid receivable is included in income when there is a valid declaration from the donor. Any
Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an
addition to the same fund as the initial donation unless the donor or the terms of the appeal have
specified otherwise.
Support costs
The charity has incurred expenditure on support costs.

Volunteer help		 The value of any voluntary help received is not included in the accounts but is described in the
trustees’annual report.
Income from interest, royalties and
dividends		 This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA.
2.3 EXPENDITURE AND LIABILITIES 2.3 EXPENDITURE AND LIABILITIES 2.3 EXPENDITURE AND LIABILITIES 2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can be
measuredwith reasonable certainty.
Governance and support costs Support costs have been allocated between governance costs and other support. Governance
costs comprise all costs involving public accountability of the charity and its compliance with
regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs bythe time spent and other costs bytheir usage.
Grants payable without performance
conditions		 Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.

Deferred income		 No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts.
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at
the best estimate of the amount required to settle the obligation at the reporting date.
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7
FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102
SORP.
2.4 ASSETS
Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year, and cost at least £100.

They are valued at cost.
The depreciation rates and methods used are disclosed in note 9.
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
Note 3 Income
Analysis of
income		 Unrestricted
funds		 Restricted
income funds		 Total funds Prior year
Donations and legacies: Donations and gifts 49,770 7,652 57,422 54,014
Gift Aid 55,053 1,345 56,398 57,258
Gift Aid reclaimed 13,694 349 14,042 14,328
Legacies 10,000 - 10,000 133,267
General grants provided by
government/other charities		 - 31,544 31,544 47,513
Membership subscriptions and
sponsorships which are in
substance donations		 - - - -
Other - - - -
Total 128,517 40,889 169,406 306,379
Charitable activities: Playgroupfees - 18,880 18,880 4,169
Total - 18,880 18,880 4,169
Other trading activities: Bookstall 70 - 70 349
Total 70 - 70 349
Income from investments: Interestincome 2,294 123 2,417 2,607
Rental and leasing income 250 600 850 -
Total 2,544 723 3,267 2,607
TOTAL INCOME 131,131 60,493 191,623 313,504
Note 4 Analysis of receipts of government grants
All grants are in relation to the preschool and are for providing preschool places.
Note 5 Expenditure
Analysis of expenditure Unrestricted
funds		 Restricted
income funds		 Total funds Prior year
Expenditure on charitable activities Charitable activities 156,686 65,521 222,207 196,115
Governance costs 216 - 216 180
Other resources expended 444 162 606 1,549
Total expenditure on 157,346 65,683 223,029 197,844
TOTAL EXPENDITURE 157,346 65,683 223,029 197,844
This includes giving to the following organisations: This includes giving to the following organisations:
Name Total thisyear Prioryear
100 fold 13143 16030
AGBC(SE) 4560 3230
Christian Books Worldwide 63 0
Christians Against Poverty 0 3739
Foundation Matters 1426 100
GBM 2470 1550
Murfitts 4500 6789
Restore hope 0 100
The grace evangelical church Sri lanka 0 3264
UBM 120 80
Note 6Support Costs
Support cost (examples) Grand total
Wages
 86,432
Total 86,432
These costs are in relationship to the salaries of the pastors and their support staff.
Note 7 Paid employees
7.1 Staff Costs
This year Last year
Salaries and wages 118,001 116,067
Social security costs 4,898 4,180
Pension costs (defined contribution pension plan) 7,810 6,806
Other employee benefits 2,671 2,370
Total staff costs 133,380 129,423
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000
7.2 Average head count in the year This year Last year
Number Number
The parts of the charity in which the
employees work		 Charitable Activities
 4 4
Governance 2 2
Other 1 1
Total 7 7
Note all employees are counted although a large part of the employees ar e on a part time basis only.
**Note 8 Defined contribution pension scheme or ** defined benefit scheme
Amount of contributions recognised in the SOFA as an expense £7,810
The allocation of the expesense between restricted and unrestricted funds is based on the activity carried out so either pre-
school or Church.
Note 9 Tangible fixed assets Note 9 Tangible fixed assets Note 9 Tangible fixed assets
9.1 Cost or valuation
Fixtures,
fittings and
equipment		 Total
At the beginning of the year 96,640 96,640
Additions 3,024 3,024
Revaluations - -
Disposals - -
At end of the year 99,664 99,664
9.2 Depreciation and impairments
Rate Straight line 5
At beginning of the year 89,052 89,052
Disposals - -
Depreciation 4,409 4,409
Impairment - -
At end ofthe year 93,461 93,461
9.3 Net book value
Net book value at the beginning ofthe year 7,588 7,588
Net book value at the end of the year 6,203 6,203
9.4 Other disclosures
Access to the church building and manse which are held on trust by the Grace Baptist Trust Corporation.
Note 10 Debtors and prepayments
10 Analysis of debtors
This year Last year
Trade debtors 14,775 74,794
Less inter-organisational debtors - 290 - 145
Prepayments and accrued income 256 2,469
Other debtors -0 -0
Total 14,741 77,118
Note 11Creditors and accruals
11 Analysis of creditors
Amounts falling due
within one year
This year Last year
Trade creditors 3,554
4,424
Accruals and deferred income 0
0
Taxation and social security 1,924 1,978
Other creditors less inter-organisational -290 -145
Total
 5,188 6,257
Note 9 Tangible fixed assets Note 9 Tangible fixed assets Note 9 Tangible fixed assets
9.1 Cost or valuation
Fixtures,
fittings and
equipment		 Total
At the beginning of the year 96,640 96,640
Additions 3,024 3,024
Revaluations - -
Disposals - -
At end of the year 99,664 99,664
9.2 Depreciation and impairments
Rate Straight line 5
At beginning of the year 89,052 89,052
Disposals - -
Depreciation 4,409 4,409
Impairment - -
At end ofthe year 93,461 93,461
9.3 Net book value
Net book value at the beginning ofthe year 7,588 7,588
Net book value at the end of the year 6,203 6,203
9.4 Other disclosures
Access to the church building and manse which are held on trust by the Grace Baptist Trust Corporation.
Note 10 Debtors and prepayments
10 Analysis of debtors
This year Last year
Trade debtors 14,775 74,794
Less inter-organisational debtors - 290 - 145
Prepayments and accrued income 256 2,469
Other debtors -0 -0
Total 14,741 77,118
Note 11Creditors and accruals
11 Analysis of creditors
Amounts falling due
within one year
This year Last year
Trade creditors 3,554
4,424
Accruals and deferred income 0
0
Taxation and social security 1,924 1,978
Other creditors less inter-organisational -290 -145
Total
 5,188 6,257
Note 12 Cash at bank and in hand Note 12 Cash at bank and in hand Note 12 Cash at bank and in hand
This year Last year
Short term deposits 211,310 208,917
Cash at bank and on hand 91,209 62,316
**Total ** 302,519 271,233
The funds are held with two different organisations: This year Last Year
HSBC 91,209 64,895
Grace Baptist Charities Limited 211,310 206,338
The funds held with Grace Baptist Charities Limited has a Company number 00096055.
The company acts as a corporate trustee of charitable trusts, and acts as custodian trustee for a number of churches. The company also
receives loans from churches and charitable trusts, and assists some churches and trusts through the provision of loans and other
advances.
Note 13 Charity funds
13.1 Details of material funds held and movements during the CURRENT reporting period
Fund names Fund balances
brought forward		 Income Expenditure Transfers Fund
balances
carried
forward
Pre-School
5,874		 51,024 -48,752 -1,740 6,406
General 94,191 119,974 -136,149 1,740 79,756
Mission 200 8,569 -8,769 - 0
Legacies 233,389 11,157 -21,197 - 223,349
Jean Green 1,526 18 -1 - 1,543
Trainee 5,349 60 -1 - 5,408
TOFS 2,088 652 -1,053 - 1,687
Building 7,064 169 -7,107 - 126
Total Funds as per balance sheet 349,681 191,623 -223,029 - 318,274
13.2 Details of material funds held and movements during the PREVIOUS reporting period
Fund names Fund balances
brought forward		 Income Expenditure Transfers Fund
balances
carried
forward
Pre-School
8,354		 51,684 -52,424 -1,740 5,874
General 110,543 115,303 -133,395 1,740 94,191
Mission 0 11,591 -11,391 - 200
Legacies 98,886 134,513 -10 - 233,389
Jean Green 1,507 20 -1 - 1,526
Trainee 5,285 65 -1 - 5,349
TOFS 2,571 138 -621 - 2,088
Building 6,874 191 -1 - 7,064
Total Funds as per balance sheet 234,020 313,505 -197,844 - 349,681
Fund names Type Purpose and Restrictions
Pre-School Restricted For the provision of education to 2-4 year olds
General Unrestricted General purposes of the church
Mission Restricted To further the mission of the gospel throughout the world
Legacies Unrestricted Legacies provided to the church without any restrictions
Jean Green Restricted Setup in honour of a church member to aid young people in their
Christian walk
Trainee Restricted A fund setup for the training of the next generation of church workers
TOFS Restricted A fund relating to work with the elderly in Aylesbury
Building Restricted To support the maintenance or changes to the building at LABC

13.3 Funds held breakdown of activities current period

General Legacies Mission TOFS Pre-
School		 Other
Income
Income 119,974 11,156 8,569 652 51,024 248
TOFS Outings - - - - - -
Inter – organisational
income		 1,740 - - - - -
Expenditure
Administration -2,859 - - -65 -1,509 -
Activities -2,995 - - -429 -1,924 -
Ministry -1,957 - -200 -540 - -
Mission -23,713 - -2,569 - - -
Other-expenses -4,139 -10 - -19 -332 -1
Property -20,764 -21,188 - - - -7,108
TOFS Outings Exp - - - - - -
Salaries -79,722 - -6,000 - -44,987 -
Inter – organisational
expenses		 - - - - -1,740 -
Income 119,974 11,156 8,569 652 51,024 248
Expenditure -136,150 -21,197 -8,769 -1,053 -48,752 -7,109
Transfer 1,740 - - - -1,740 -
Net movement in
funds		 -14,435 -10,041 -200 -402 532 -6,861
Balances brought
forward		 94,191 233,389 200 2,088 5,874 13,939
Balances carried
forward		 79,756 223,348 0 1,686 6,406 7,078

Note 14 Transactions with trustees and related parties

Keith Charlton is a missionary with 100 fold and is supported by Limes Avenue Baptist Church through the giving to 100 fold.

Independent examiner's report to the trustees of Limes Avenue Baptist Church

Charity Number 1140574

I report to the Trustees on my examination of the accounts of the charity for the year ended 31 March 2022 as set out on pages two to 22.

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Matt Ryan, FCCA

32 High Street, Wendover, Bucks, HP22 6EA Date: 30 January 2023