# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **WELL BAPTIST CHURCH** **CHARITY REGISTRATION No: 1142161** Page 2 Legal and Administrative Information Pages 3 to 4 Trustees' Report Page 5 Statement of Financial Activities Page 6 Balance Sheet Pages 7 to 15 Notes to the Financial Statements Page 16 Independent Examiner's Report to the Trustees Independent Examiners Ltd 2 Broardbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF 1 ## **WELL BAPTIST CHURCH** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **CHARITY NUMBER** 1142161 **DATE OF REGISTRATION** 31st May 2011 **START OF FINANCIAL YEAR** 1st January 2020 **END OF FINANCIAL YEAR** 31st December 2020 **CUSTODIAN TRUSTEE** North Western Baptist Association **MINISTERS** Rev Rick Oldland - Senior Pastor Rick Hooke - Campus Pastor Ansdell ## **SENIOR LEADERS** Alan Buckley Gemma White Steve Hobin Greg White Alyson Hobin Stewart Whitley Mike Banner Vida Caplin **LEGAL STATUS** Unincorporated Charity **GOVERNING INSTRUMENT** Constitution Adopted 17th January 2010 **OBJECTS** The Church exists to proclaim the Christian Faith and to serve the local community through its work and witness. Its purpose is to turn people into fully devoted followers of Jesus Christ. **CORRESPONDENCE ADDRESS** Ansdell Road North Lytham St Annes Lancashire FY8 4EZ **CUSTODIAN TRUSTEE ADDRESS** The Resource Centre Fleet Street Wigan Lancashire WN5 0DS **PRIMARY BANKERS** CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ **INDEPENDENT EXAMINER** Paul Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Centre Delling Lane Bosham West Sussex PO18 8NF 2 ## **WELL BAPTIST CHURCH** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **Overview** We are an evangelical charismatic church based in Lancashire filled with people from different walks of life. We are ordinary people whose lives have been changed by meeting with an extraordinary God. Jesus said those who committed their lives to Him would be "born again" - a new life, free of the past, would begin centred on a personal relationship with Him as Lord. ## **Objectives** **i** - To be a people who are getting healed up in the Father's Love so that we can live and serve out of pure hearts. **ii** - To be a safe place for people to grow in God's love and gifts. **iii** - To be a people moving out of vision not ambition. **iv** - To be a centre of resource for renewal and revival, to the local and wider church and the community we serve. **v** - To be an apostolic church, drawing from the nations sending to the nations. We are a member of “Harvest Alliance” group of churches and also a member of the Baptist Union of Great Britain and actively support the aims and goals of these organisations. ## **Organisational Structure and Decision Taking** The Well Baptist Church values the concept of team leadership and is essentially a Cell Church with two main aspects: large enough to celebrate - small enough to care and multiply. We have 2 levels of leadership. Senior leaders have oversight of the whole church and Cell group leaders are responsible for pastoral care, discipling and outreach from groups of around 12 people. Extra-budgetary expenditure shall be sanctioned on the basis of the following scale:- |Discretion of the Treasurer|Up to £250| |---|---| |Discretion of the Treasurer plus one member of the Finance Group|£250 to £500| |Discretion of the whole Finance Group|£500-£1,250| |Ratified by the Leadership Team beforehand|£1,250-£2,500| |Submitted to the Church meeting|Over £2,500| ## **Connected Organisations** None 3 WELL BAPTIST CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31ST DECEMBER 2020 Trustees, ReSpon￿bIlItIeS The trustees are responslble for preparing the Report of the Trustees and the flnanclal statements in accordance wlth applicable Law and United Kingdom Accounting Standards (United Klngdom Generally Accepted Accounting Prartice). The Law appllcable to charftles In England and Wales, The Charities Act 2011, Charity (Accounts and Report5) Regulatlons and the provlslons of the trust deed requlres the trustees to prepare rir¢ancial statements for each financial year whlch glve a true and fair vlew of the state of affalrs of the charity and of the incorning resources and applicatlon of resources, including the income and expenditure of the charity for that period. In preparing those flnanclal statements, the trustees are required to: select Suitable accounting policie5 and then apply them conslstently,. observe the methods and principle5 in the Charity SORP; make Judgements and estimate5 that are reasonable and prudent; prepare the flnanclal statements on the going concem basis unless it is inappropriate to presume that the charfty wlll contlnue In buslness. The trustees are responslble for keeping proper accounting records which di5c105e with reasonable accuracy at any time the financial positlon of the charlty and to enable them to ensure that the financial statements comply wlth the Charitles Act 2011, the Charfty (Accounts and Reports) Regulatlons and the provislons of the Trust Deed. They are also responslble for safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detertion of fraud and other ir￿guIantie$. Approved by the Trustees on Slgned on thelr behalf by Trustee Printed Name: Mr Alfred Stewart Whltley ## **WELL BAPTIST CHURCH** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2020** ||Notes|Notes|UnrestrictedDesignated|UnrestrictedDesignated|Restricted|**TOTAL**|**TOTAL**| |---|---|---|---|---|---|---|---| ||||Funds|Funds|Funds|**2020**|**2019**| ||||£|£|£|£|£| |**INCOME AND ENDOWMENTS**|**FROM:**||||||| |Donations & Legacies|3a||238,756|-|7,200|245,956|226,638| |Charitable Activities|3b||638|-|432|1,070|19,342| |Investment Income|3c||320|-|-|320|350| |Other Income|3d||1,340|-|-|1,340|5,029| |**TOTAL INCOME**|||**241,054**|**-**|**7,632**|**248,686**|**251,359**| |**EXPENDITURE ON:**|||||||| |Charitable Activities||4|131,457|7,598|104,464|243,519|253,908| |**TOTAL EXPENDITURE**|||**131,457**|**7,598**|**104,464**|**243,519**|**253,908**| |**NET INCOME/(EXPENDITURE)**|||109,597|(7,598)|(96,832)|5,167|(2,549)| |Total Funds Brought Forward|||68,884|3,057|7,947|79,888|82,437| |Transfer Between Funds|||(100,298)|7,116|93,182|-|-| |**TOTAL FUNDS CARRIED FORWARD**|||**78,183**|**2,575**|**4,297**|**85,055**|**79,888**| ||||||||| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 7 to 15 form part of these financial statements. 5 WELL BAPTIST CHURCH BALANCE SHEET AS AT 31ST DECEMBER 2020 Total Unrestricted Designated Restricted 31-De Funds Funds Funds 2020 Totsl 31-D¢¢ 2019 Notes Flxed Assets Tangible Assets Current Assets Cash at Bank and In Hand Debtor5 & Prepayments 78,556 1,157 2,575 4,297 85,428 1,157 77.202 4,036 Total Current Assets 575 Creditors: amounts falling due withln one year 1,530 1,530 1,350 NET CURRENT ASSETS/ {LIABILrrIES) 78.183 2,575 4,297 85,055 79,888 TOTAL ASSEfs less current Ilabilltles 78.183 2,575 4,297 85,055 79.888 Credltors: Liabllltles Long Temi io NEf ASSETS/(LIABILITIES) 78.18 2.575 55 Funds of the Charlty General Funds Designated Funds Restricted Funds 78.183 78,183 2,575 4,297 68,884 3.057 7,947 2,575 4,297 Total Funds 78,183 2,575 85.055 79,888 i31106/ffjfj&¢- 2 OZ I Approved by the Trustees on ................................... Slgned on thelr behalf by Trustee .......................................-....- Prfnted Name: Mr Alfred Stewart Whltley ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation** The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements 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 (FRS102). The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **Incoming Resources** ## _**Recognition of Incoming Resources**_ These are included in the Statement of Financial Activities (SOFA) when: - the charity becomes entitled to the resources; - the trustees are virtually certain they will receive the resources; and - the monetary value can be measured with sufficient reliability ## _**Incoming Resources with Related Expenditure**_ Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## _**Grants and Donations**_ Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## _**Tax Reclaims on Donations and Gifts**_ Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## _**Contractual Income and Performance Related Grants**_ This is only included in the SOFA once the related goods or services has been delivered. ## _**Gifts in Kind**_ Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. ## _**Donated Services and Facilities**_ These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## _**Volunteer Help**_ The value of any voluntary help received is not included in the accounts. ## _**Investment Income**_ This is included in the accounts when receivable. ## _**Investment Gains and Losses**_ This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 7 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **1. ACCOUNTING POLICIES (continued)** ## **Expenditure and Liabilities** ## _**Liability Recognition**_ Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## _**Governance Costs**_ Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters. ## _**Grants with Performance Conditions**_ Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output. ## _**Grants Payable without Performance Conditions**_ These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## _**Support Costs**_ Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, eg allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage. ## _**Investments**_ Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. ## _**Unrestricted Funds**_ These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities. ## _**Restricted Funds**_ These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of the regular appeals for special offerings made for specific purposes. ## _**Designated Funds**_ These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects. ## **2. TANGIBLE FIXED ASSETS** ## **Land Buildings and Equipment** The Church writes off the value of fixtures and fittings, computers and equipment in the year of purchase. The church premises are considered to be inalienable and historic fixed asset and are excluded from the Balance Sheet because reliable cost information is not available and valuation would incur significant costs which would be onerous compared with the additional benefit gained by the user of the accounts. Amortisation has not been charged on the Church Land & Buildings, because in the opinion of the Trustees, the residual value of the asset is not less than the original cost price. The insurance value of the premises is £5,308,498 and the contents a further £105,009. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2020 : None 31st December 2019 : None 8 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **3. INCOME AND ENDOWMENTS** |Notes
**a) Donations & Legacies**
Gifts & Donations
Offerings
Gift Aid
Grant Income
6
Legacies
**b) Charitable Activities**
Conference Income
Harvest School of Ministry
Little Wellies Income
Messy Church
Missions Income
6
Pennies from Heaven
Uganda Mission
Youth Ministry
**c) Investment Income**
Bank Interest
**d) Other Income**
Refunds & Repayments
Sundry Income|UnrestrictedDesignated Restricted
**TOTAL**
**TOTAL**
Fund
Fund
Fund
**2020**
**2019**
£
£
£
£
£
506
-
-
506
1,805
3,857
-
-
3,857
11,089
209,393
-
-
209,393
213,744
-
-
7,200
7,200
-
25,000
-
-
25,000
-
**238,756**
**-**
**7,200**
**245,956**
**226,638**
-
-
-
-
1,254
-
-
-
-
9,553
408
-
-
408
544
176
-
-
176
1,877
-
432
432
510
-
-
-
-
470
-
-
-
-
4,424
54
-
-
54
710
**638**
**-**
**432**
**1,070**
**19,342**
320
-
-
320
350
**320**
**-**
**-**
**320**
**350**
-
-
-
-
3,738
1,340
-
-
1,340
1,291
**1,340**
**-**
**-**
**1,340**
**5,029**| |---|---| 9 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **4. EXPENDITURE ON:** |Notes
**a) Charitable Activities**
Bank Charges
Catering & Cleaning Costs
Charitable Missions
6
Conferences Costs
Equipment Costs
6
Fellowship Costs
Gardening Costs
Gifts & Donations
Harvest School of Ministry
Intern Costs
Little Wellies
Messy Church
Mini Bus Costs
6
Music Ministry
Office Costs
Outreach
6
Repairs & Maintenance
5 & 6
Speakers Expenses
Staff Costs
12
Staff Expenses
Sundry Expenses
6
Telephone & Media Costs
Training Costs
Travel & Subsistence
Utility Costs
Utility Costs - Manse
Youth & Children's Work
Governanace Costs
Independent Examiner's Fee
Insurance Costs
Legal & Professional Fees|UnrestrictedDesignated Restricted
**TOTAL**
**TOTAL**
Fund
Fund
Fund
**2020**
**2019**
£
£
£
£
£
220
-
-
220
385
263
-
-
263
1,776
5,984
-
100,285
106,269
95,415
-
-
-
-
1,243
5,278
-
10
5,288
4,977
375
-
-
375
993
990
-
-
990
1,100
2,130
-
-
2,130
3,177
-
-
-
-
11,802
394
-
-
394
3,399
546
-
-
546
174
1,351
-
-
1,351
2,306
1,325
-
250
1,575
1,596
762
-
-
762
1,047
247
-
-
247
727
743
-
3,429
4,172
1,549
5,212
7,598
360
13,170
5,959
280
-
-
280
2,902
81,856
-
-
81,856
79,254
1,142
-
-
1,142
7,269
977
-
130
1,107
1,626
1,883
-
-
1,883
2,410
4,860
-
-
4,860
3,001
-
-
-
-
-
2,763
-
-
2,763
6,833
5,393
-
-
5,393
5,418
976
-
-
976
2,423
1,530
-
-
1,530
1,350
3,977
-
-
3,977
3,797
-
-
-
-
**131,457**
**7,598**
**104,464**
**243,519**
**253,908**| |---|---| 10 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **5. DESIGNATED FUNDS** ## **CURRENT FINANCIAL YEAR** |Building Fund
Harvest School|**Balance**
**Balance**
**01-Jan-20**
Income
Expenditure
Transfers
**31-Dec-20**
£
£
£
£
£
3,057
-
7,598
7,116
2,575
-
-
-
-
-
**3,057**
**-**
**7,598**
**7,116**
**2,575**| |---|---| ## **PREVIOUS FINANCIAL YEAR** |Building Fund
Harvest School|**Balance**
**Balance**
**01-Jan-19**
Income
Expenditure
Transfers
**31-Dec-19**
£
£
£
£
£
3,057
-
-
-
3,057
5,085
9,903
13,120
(1,868)
-
**8,142**
**9,903**
**13,120**
**1,868**
**-**
**3,057**| |---|---| The designated funds held are wholly represented by the Charity's cash reserves. 11 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **6. RESTRICTED FUNDS** ## **CURRENT FINANCIAL YEAR** |Blackpool Relief Fund
Cambodia Fund
Well Café
Well Community Centre
Mission Offering
Special Offerings
Trust Fund
Uganda Mission|**Balance**
**Balance**
**01-Jan-20**
Income
Expenditure
Transfers
**31-Dec-20**
£
£
£
£
£
3,150
-
700
-
2,450
-
-
21,841
21,841
-
-
-
581
581
-
-
7,632
7,296
1,280
1,616
-
-
-
-
-
-
-
397
397
-
531
-
300
-
231
4,266
-
73,350
69,084
-
**7,947**
**7,632**
**104,465**
**93,183**
**4,297**| |---|---| ## **PREVIOUS FINANCIAL YEAR** |Blackpool Relief Fund
Cambodia Fund
Well Café
Mission Offering
Morning Star
Trust Fund
Uganda Mission|**Balance**
**Balance**
**01-Jan-19**
Income
Expenditure
Transfers
**31-Dec-19**
£
£
£
£
£
5,657
-
2,507
-
3,150
-
-
13,599
13,599
-
47
-
1,465
1,418
-
-
500
1,513
1,013
-
-
383
1,922
1,539
-
831
-
300
-
531
-
6,521
68,279
66,024
4,266
**6,535**
**7,404**
**89,585**
**83,593**
**7,947**| |---|---| **Uganda Mission Fund** - Donations for mission support through David Atkinson in Uganda. **Fellowship Fund** - During the year the Fellowship Fund account was closed and the responsibility for Fellowship payments were taken over by the General account. Payments are still controlled by 2 senior leaders and are strictly confidential. **Trust Account Fund** - Well Baptist Church was approached by a church member to act as custodian of a sum of money to be used for charitable purposes at their discretion. The restricted funds held are wholly represented by the Charity's cash reserves. * Note regarding adjustment shown on the Statement of Financial Activities page 5: Both the Cambodia Fund and Fellowship Fund were shown incorrectly in the prior accounts and should both have been shown with zero balances. 12 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **7. CASH AT BANK AND IN HAND** |Current and Savings Accounts
Well Gift Aid Account
Baptist Union Savings Account|UnrestrictedDesignated Restricted
**Total**
**Total**
Fund
Fund
Fund
**31-Dec-20 31-Dec-19**
£
£
£
**£**
**£**
46,499
2,575
4,297
53,371
32,688
6,552
-
-
6,552
4,314
25,505
-
-
25,505
40,200
**78,556**
**2,575**
**4,297**
**85,428**
**77,202**| |---|---| ## **8. DEBTORS AND PREPAYMENTS** |Gift Aid Tax Recoverable|UnrestrictedDesignated Restricted
**Total**
**Total**
Fund
Fund
Fund
**31-Dec-20 31-Dec-19**
£
£
£
**£**
**£**
1,157
-
-
1,157
4,036
**1,157**
**-**
**-**
**1,157**
**4,036**| |---|---| ## **9. CREDITORS ACCRUALS AND DEFERRED INCOME: AMOUNTS FALLING DUE WITHIN ONE Y** |Independent Examiners Fees|UnrestrictedDesignated Restricted
**Total**
**Total**
Fund
Fund
Fund
**31-Dec-20 31-Dec-19**
£
£
£
**£**
**£**
1,530
-
-
1,530
1,350
**1,530**
**-**
**-**
**1,530**
**1,350**| |---|---| ## **10. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The Charity held no long term labilities during this or the previous financial period. ## **11. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible Fixed Assets
Net Current Assets
Long Term Liabilities
**TOTAL FUNDS**|UnrestrictedDesignated Restricted
**TOTAL**
**TOTAL**
Fund
Fund
Fund
**31-Dec-20 31-Dec-19**
£
£
£
£
£
-
-
-
-
-
78,183
2,575
4,297
85,055
79,888
-
-
-
-
-
**78,183**
**2,575**
**4,297**
**85,055**
**79,888**| |---|---| 13 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **12. STAFF COSTS AND NUMBERS** |**2020**
**TOTAL**
£
Gross Wages and Salaries
65,874
Employer's National Insurance Costs
7,052
Employer's Pension Contributions
5,293
Pension Deficit Reduction Contributions
3,637
**81,856**
Employees who were engaged in each of the following activities:
**2020**
**TOTAL**
Charitable Activities
4
**4**|**2019**
**TOTAL**
£
64,472
5,154
4,884
4,744
**79,254**
**2019**
**TOTAL**
4
**4**| |---|---| The Charity operates a PAYE Scheme to pay all employed members of Staff. No employees received emoluments in the range of £50,000 to £60,000 (2019:None) ## **13. PAYMENTS TO TRUSTEES AND RELATED PARTY TRANSACTIONS** The custodian trustee of the church is the North Western Baptist Association. The church is also a member of the Baptist Union of Great Britain, and the North West Baptist Association. ## **Custodian Trustees** No payments were made to the custodian trustees or any persons or organisations connected with them during this financial period. No material transaction took place between the charity and the custodian trustee or any person or organisation connected with them. ## **Ministers and Senior Leaders** The Minister Mr Rick Oldland lived in the Manse which is wholly owned by the Church. He received £29,479 (£30,076:2019) regarding salary and expenses. Pastor Rick Hooke started in October 2019 and received £24,630 (£5,873:2019) with respect to a salary. No other payments were made to Ministers, Elders, Senior Leaders or any persons connected with them during this financial period. No other material transaction took place between the charity and a Ministers, Elders, Senior Leaders or any person connected with them. 14 ## **WELL BAPTIST CHURCH** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2020** ## **14. RISK ASSESSMENT** The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **15. RESERVES POLICY** The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily. ## **16. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. ## **17. PENSIONS** The Pastor is a member of the Baptist Union defined contribution pension fund and both the church and Rick contribute. Up to 2012 the contributions went to a defined benefits scheme which was closed in common with many similar schemes. There is a deficit on the scheme arising from many years ago and we are currently paying extra payments to eliminate this. Payments are set by the scheme trustees and are currently at 12% of salary and are due to finish in 2026. We are also subject to the pension auto enrolment government rules and we more than meet the criteria required. 15 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the trustees/ members of Well Baptist Church on the accounts for the year ended 31st December 2020 set out on pages 5 to 15. ## **Respective responsibilities of trustees and examiner** 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 section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention ## **Basis of independent examiner’s statement** My examination was carried out in accordance with 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 the 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** 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 section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities 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. P B Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date: 15th October 2021 16