| GENERAL RECEIPTS & PAYMENT ACCOUNT | ||||||||
|---|---|---|---|---|---|---|---|---|
| Note | 2023 | 2022 | ||||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |||
| Receipts | ||||||||
| Offerings | 236.51 | 54,011.70 | 54,248.21 | 62,716.37 | 62,716.37 | |||
| Donations and other income | 2 | 479.41 | 1,584.85 | 2,064.26 | 10,620.00 | 66,842.76 | 77,462.76 inc Grants | Flower Fund/Bradstone |
| Income tax recovered on gifts | 11,206.79 | 11,206.79 | 3,803.75 | 3,803.75 | ||||
| Investment income | 3 | 567.37 | 567.37 | 12.55 | 12.55 | |||
| Rent and contributions for use of premises | 20,747.50 | 20,747.50 | 14,116.00 | 14,116.00 | ||||
| Church projects income | 3,359.79 | 3,359.79 | 1,963.29 | 1,963.29 | ||||
| Raised for other causes | 4 | 760.66 | 760.66 | 1,879.54 | 1,879.54 | |||
| Total Receipts | £4,836.37 | £88,118.21 | £92,954.58 | £14,462.83 | £147,491.43 | £161,954.26 | ||
| Payments | ||||||||
| Ministry | 5 | 51,129.19 | 51,129.19 | 47,879.37 | 47,879.37 | |||
| Mission | 6 | 213.60 | 16,177.21 | 16,390.81 | 1,350.95 | 8,869.51 | 10,220.46 | |
| Upkeep of church premises | 7 | 166.60 | 39,673.04 | 39,839.64 | 5,900.00 | 36,517.76 | 42,417.76 | |
| Administration | 8 | 320.38 | 6,423.80 | 6,744.18 | 5,614.22 | 5,614.22 | ||
| Church projects expenses | 3,461.08 | 3,461.08 | 39,434.17 | 39,434.17 | ||||
| Amounts passed on to other causes | 760.66 | 760.66 | 1,879.54 | 1,879.54 | ||||
| Total Payments | £4,922.32 | £113,403.24 | £118,325.56 | £48,564.66 | £98,880.86 | £147,445.52 | ||
| Net receipts / (payments) for the year | (£85.95) | (f25,285.03) | (U5,370.98) | (£34,101.83) | £48,610.57 | £14,508.74 | ||
| Transfer between funds | £0.00 | • £0.00 |
£0.00 | E0.00 | £0.00 | £0.00 | ||
| Cash balance at previous year end | £7,990.49 | £91,451.49 | £99,441.98 | £42,092.32 | £42,840.92 | £84,933.24 | ||
| Cash balance at current year end (See note 12) | £7,904.54 | £66,166.46 | £74,071.00 | £7,990.49 | £91,451.49 | £99,441.98 | ||
| STATEMENT OF ASSETS AND LIABILITIES AT 31 | MARCH 2023 | |||||||
| Note | 2023 | 2022 | ||||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |||
| Assets | ||||||||
| Bank and other cash balances | ||||||||
| HSBC Current Account | 7,002.06 | 11,099.87 | 18,101.93 | 7,285.66 | 61,952.27 | 69,237.93 | ||
| COIF Account | 55,066.59 | 55,066.59 | 29,499.22 | 29,499.22 | ||||
| Catering Account | 481.23 | 481.23 | 322.52 | 322.52 | ||||
| Tuesday Fellowship Account | 77.41 | 77.41 | 100.90 | 100.90 | ||||
| Flower Account | 343.84 | 343.84 | 281.41 | 281.41 | ||||
| Assets Held for Church's own use | 9 | 3,482,714.00 | 3,482,714.00 | 2,973,282.00 | 2,973,282.00 |
| Liabilities | |||
|---|---|---|---|
| Current Liabilities | 10 | 2,832.78 2,832.78 |
2,509.43 2,509.43 |
| Contingent Liabilities | 11 | ||
| Pension Scheme Liability | 13 | 17,096.22 17,096.22 |
|
| Total Liabilities | £2,832.78 £2,832.78 |
£19,605.65 £19,605.65 |
| 2.Donations and other income | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |
| Acts 435 | 3,870.00 | 3,870.00 | ||||
| Folkestone Town Council Grants | 850.00 | 850.00 | ||||
| Legacies | 65,500.00 | 65,500.00 | ||||
| DWP Resource/Ruddle's Ramp Grant | 5,900.00 | 5,900.00 | ||||
| Other income | 144.00 | 1,584.85 | 1,728.85 | 1,342.76 | 1,342.76 | |
| Total Donations and Other Income | £144.00 | £1,584.85 | £1,728.85 | £10,620.00 | £66,842.76 | £77,462.76 |
| Hope Now | 560.66 | |
|---|---|---|
| Christian Aid | 100.00 | |
| Total Raised for Other causes | £760.66 | £1,879.54 |
| 5. Ministry | ||
| 2023 | 2022 | |
| Minister's stipend | 28,445.71 | 26,400.59 |
| Pension contributions | 1,348.88 | 3,978.90 |
| Minister's expenses | 2,398.91 | 1,012.16 |
| Manse costs | 3,074.17 | 2,992.59 |
| Minister in Training Salary & Pension & Expenses | 15,861.52 | 13,495.13 |
| Total Ministry | £51,129.19 | £47,879.37 |
| 6.Mission | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Restricted | Unrestricted | Total | Restricted | Unrestricted | Total | |
| Home!MIsslon | ||||||
| - Church Activities | 213.60 | 766.61 | 980.21 | 1,350.95 | 307.37 | 1,658.32 |
| - J Fitton Gift Churachandpur | 810.72 | 810.72 | ||||
| - BMS Home Mission | 3,322.41 | 3,322.41 | 3,242.86 | 3,242.86 | ||
| - BMS World Mission | 3,322.41 | 3,322.41 | 3,242.86 | 3,242.86 | ||
| - SEBA Bread of Life | 810.72 | 810.72 | ||||
| - BMS World Mission-Chad Hospial Work | 251.00 | 251.00 | ||||
| - Tyson Road Residents | 250.00 | 250.00 | ||||
| - MAF | 3,322.41 | 3,322.41 | ||||
| - London City Mission | 3,322.41 | 3,322.41 | ||||
| - Regents Park College | 1,328.96 | 1,328.96 | ||||
| Sunday school and Youth Work | 542.00 | 542.00 | 203.98 | 203.98 | ||
| Total Mission | E213.60 | E16,177.21 | £16,390.81 | £1,350.95 | £8,869.51 | £10,220.46 |
| FOLKESTONE BAPTIST CHURCH |
| Restricted | Unrestricted | Total Restricted Unrestricted |
Total Restricted Unrestricted |
Total | |
|---|---|---|---|---|---|
| Lighting and heating | 11,989.93 | 11,989.93 | 10,537.05 | 10,537.05 | |
| Water Rates | 1,776.18 | 1,776.18 | 1,477.62 | 1,477.62 | |
| Cleaning | 7,845.60 | 7,845.60 | 7,196.22 | 7,196.22 | |
| Insurance | 3,969.50 | 3,969.50 | 3,526.83 | 3,526.83 | |
| Repairs and maintenance | 166.60 | 14,091.83 | 14,258.43 5,900.00 13,780.04 |
19,680.04 | |
| Total Upkeep of church premises | £166.60 | £39,673.04 | £39,839.64 E5,900.00 £36,517.76 |
£42,417.76 | |
| 8.Administration | 2023 | ||||
| Restricted | Unrestricted | Total | 2022 | ||
| Printing and stationery | 2,121.94 | 2,121.94 | 1,194.45 | ||
| Telephone and postage | 699.88 | 699.88 | 739.39 | ||
| Accountancy Costs | 1,251.38 | 1,251.38 | 1,141.71 | ||
| Subscriptions | 861.40 | 861.40 | 242.00 | ||
| Other administration | 320.38 | 1,489.20 | 1,809.58 | 2,296.67 | |
| Total Administration | £320.38 | £6,423.80 | £6,744.18 | £5,614.22 |
| Income | Expenditure | Balance | Income | Expenditure | Balance | |
|---|---|---|---|---|---|---|
| Community Account | 32.40 | 4,397.84 | 32,524.23 | 4,430.24 | ||
| Girls Brigade Account | 1,615.56 | 0.00 | ||||
| Catering Account | 3,359.79 | 3,201.08 | 481.23 | 1,417.03 | 1,951.88 | 322.52 |
| Tuesday Fellowship Account | 236.51 | 260.00 | 77.41 | 311.26 | 220.00 | 100.90 |
| Flower Account | 350.41 | 287.98 | 343.84 | 235.00 | 92.50 | 281.41 |
| Book Account | 166.60 | 0.00 | 10.00 | 166.60 | ||
| Acts 435 | 1,459.00 | 3,870.00 | 3,020.00 | 1,459.00 | ||
| Harbour Project | 213.60 | 1,016.22 | 500.95 | 1,229.82 | ||
| DWP Resource/Ruddle's Ramp Grant | 5,900.00 | 5,900.00 | 0.00 | |||
| Funday Grants | 850.00 | 850.00 | 0.00 | |||
| Friends of Bradstone | 129.00 | 129.00 | ||||
| Raised for other causes | 760.66 | 760.66 | 0.00 | 1,879.54 | 1,879.54 | 0.00 |
| £4,836.37 | £4,922.32 | £7,904.54 | £14,462.83 | £48,564.66 | £7,990.49 |
Independent Examiners Report Folkestone Baptist Church Financial year ended 31[st] March 2023
I set out below for good measure the process of examination regarding the examination of the church accounts.
This is on the basis members and the committee can understand how the audit has been conducted. The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under the Charities Act 2011 and that an independent examination is required.
The Church treasurer for this financial year was Mrs Dawn Kellers.
It is my responsibility to:
-
Examine the accounts
-
To follow procedures laid down in the general directions given by the Charity Commission under the 2011 Act; and
-
To state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report.
My examination was carried out in accordance with the general directions given by the Charity Commission. The examination included a full 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 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.
In connection with my examination, no matter has come to my attention:
-
(1) Which gives me reasonable cause to believe that in any material respect the requirements:
-
To keep accounting records in accordance with the 2011 Act; and
-
To prepare accounts which accord with the accounting records and comply with the accounting records of the 2011 Act.
Have not been met; or
- (2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
The checks carried out, along with discussions enable me to confirm an “unqualified” report; the signed checked accounts are attached.
Phil Goodwin Qualifications: Phil Goodwin Examiner Qualified by experience, retired Manager NatWest Bank Dated: 18/07/2023 Qualified School Finance Director (CSBM) (retired) Former School Governor, Chair Finance Committee .