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2021-03-31-accounts

Contents Page
Trustees' Annual
Report
Independent
Examiner's		 Report to the
Trustees Statement
of Financial		 Activities
Balance Sheet
10to 20
Notes to the Accounts

2019-20 expenditure 2020-21 2020-21 2020-21
actual budget actual difference
F F. F
14,691 engage gifts 20,000 10,315 9,685
190,194 expenditure
on charitable		 activities: 201,356 185,866 15,490
204,885 total expenditure 221,356 196,181 25,175
212,456 total income 221,356 225,232 3,876
7,571 surplus
or (deficit) for the		 year 29,051 29,051
2019-20 expenditure on charitable activities 2020-21 2020-21 2020-21
actual budget actual difference
8 6
84,885 ministry 120,146 102,984 17,162
45,627 mission 41,782 46,298 -4,516
58,770 upkeep ofchurch premises 38,554 35,754 2,800
912 governance costs 875 830 45
190,194 total expenditure 201,357 185,866 15,491

The following
outside organisations		 were supported in 2020-21 and total led f35,707:
Raised Budget/church Total
BMS World Mission
Baptist Home Mission		 F8,863
f8,863		 F8,863
F8,863
Open Doors f1,000 F1,000
Welcome Churches F360 f360
BMS Birthdays f386* F386*
BMS Harvest Appeal —Chad
BMS Covid		 f963
f363		 f500 f963
f863
Networks
Romania		 f4,738 F500 F5,238
Nepal F5,851 f5,851
Framework F520 f520
Raised Budget/church Total
Grahamstown F1,215 f34 f1,249
Crisis F365 f365
Home for Good F250 F250
Myanmar F936 f936
Totals F15,337 f20,370 F35,707

Annual
R		 eport and Fi nancial Statements
for		 the year ended 31 March 20 21
2021 2020
Unrestricted Restricted Total total
Funds Funds Funds funds
notes E f f F
Income and endowments
Donations
and legacies		 192,731 19,177 211,908 172,796
Charitable
activities		 5,478 5,478 12,156
Other trading activities 7,341 7,341 14,843
Investment
income		 228 228 570
Coffee shop 277 277 12,041
Otherincome SO
Total income 206,055 19,177 225,232 212,456
Expenditure
Expenditure
on raising funds:
Costs ofother trading
activities		 9 10,315 10,315 14,691
Expenditure
on charitable		 activities 10/11 169,438 16,428 185,866 190,194
Total expenditure 179,753 16,428 196,181 204,885
Net (Expenditure)/Income and net
movement
in funds		 26,302 2,749 29,051 7,571
Transfer between
funds		 -1,111
Actuarial
Gains/(Losses)		 on Deferred
Benefit Pension Scheme 9,794 9,794 1,327
Net Movement
in Funds		 34,985 3,860 38,845 8,898
Reconciliation offunds
Total funds brought forward 373,549 1,993 3?5,542 366,644
Total funds carried forward 408,534 5,853 414,387 375,542

Ann ual
 Report and Financial St atements
for		 the year e the year e nded 31 M arch 2021
Statement of Financial Position
Year Ended 31st March 2021
2021 2020
notes f f f
Fixed Assets
Tangible
Fixed Assets		 15 280,864 278,438
Current assets
Stocks 16 16,773 15,767
Debtors 17 18,926 38,394
Cash at Bank and in Hand 124,502 85,333
160,201 139,494
Creditors: amounts falling due within one year 18 (6,056) (9,917)
Net Current Assets 154,145 129,577
435,009 408,015
Provision for Liabilities
Defined benefit pension liability i9 (20,622) (32,473)
Net Assets 414,387 375,542
Funds ofthe Charity
Unrestricted Funds 408,534 373,549
Restricted
Funds		 5,853 1,993
Total charity funds 20/21 414,387 375,542

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2021 2020
4 Donations
and Legacies		 E E E
Donations
Offerings 133,312 133312 132,157
Donations 1,633 3,840 5,473 6,304
Grants —Ashfield District Council
Covid support 21,669 21,669
Grants —Nottingham City Council
Covid support 500 500
Grants —Job retention scheme 2,376 2,376
Income Tax recovered on gifts 32,841 2,188 35,029 32,057
Raised for other causes 13,149 13,149 2,078
Legacies 400 400 200
192,731 19,177 211,908 172,796
5 Charitable
Activities
Rents and contributions for use of premises 5,478 5,478 12,156
6 Other Trading Activities
Shop Income - Engage Gifts 7,341 7,341 14,843
7 Investment
Income
Bank Interest Receivable 228 228 570
8 Other Income
Coffee Shop 277 277 12,041
9 Costs ofOther Trading Activities
Purchases 4,911 4,911 11,045
Stock Movement (1,006) (1,006) (3,304)
Rent 4,420 4,420 4,444
Rates and Water 342
Light and Heat 1,519 1,519 1,521
Insurance 455 455 455
Sundry 16 16 188
10,315 10,315 14,691

10 Expenditure
on Charitable		 Expenditure
on Charitable		 Activities
Unrestricted Restricted Total Funds Total
Funds Funds 2020 Funds
2019
E
Ministry
Wages and Salaries 75,957 75,957 57,121
Employer's
NIC		 2,089 2,089 1,720
Pension Costs 5,624 5,624 5,030
Manse Upkeep 2,765 2,765 2,287
Minister's
books and materials		 232 232 379
Minister's
travel		 243 243 549
Mentoring
costs		 240 240 214
Visiting ministers 240
87,150 87,150 67,540
Support Costs
Wages and Salaries 7,651 7,651 6,651
Pension Costs 383 383 372
Telephone 1,938 1,93& 1,820
Printing
and Stationery		 2,400 2,400 4,135
Subscriptions 2,245 2,245 2,425
Courses and Conferences 242 242 1,274
Finance Cost (pension deficit) 616 616 628
Sundry Expenses 359 359 40
15,834 15,834 17,345
Total Ministry 102,984 102,984 84,885
Mission
Given to Other Causes 20,370 15,337 35,707 22,324
Feeding Families 480 480 0
Children,
Families and		 Young People 734 734 1,565
Seniors 262 262 0
Worship
Group/AV		 849 301 1,150 576
Coffee Shop 352 352 8,992
Catering (5) (5) 1,248
Renew 34 541 541 992
Outreach 810 310 1,120 4,878
Equipment 725 725 369
Depreciation
Equipment		 5,232 5,232 4,366
29,870 16,428 46,298 45,627
Upkeep of Church Premises Premises
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2021 2020
K F
Wages and salaries 8,438 8,438 9,386
Employer's
NIC		 32 32 35
Pension costs 121 121
Light and Heat 5,761 5,761 7,722
Furniture
and Fittings		 632 632 38
Repairs and Maintenance 8,057 8,067 28,958
Insurance 3,559 3,569 3,905
Cleaning 1,554 1,654 1,582
Depreciation 5,717 5,717 5,218
33,991 33,991 56,844
Support Costs
Wages and Salaries 850 850 739
Pension Costs 42 42 41
Telephone 215 215 202
Printing
and Stationery		 274 274 460
Subscriptions 248 248 269
Courses and Conferences 27 27 141
Finance Costs (pension deficit) 68 68 70
Sundry Expenses 39 39 4
1,763 1,763 1,926
Governance
Costs
Examiner's
Fee		 830 830 912
Total Expenditure 169,438 16,428 185,866 190,194
11 Analysis ofExpenditure on Charitable Activities
Activity Support
Cost		 Total
Funds
2021		 Total
Funds
2020
Notes E
Ministry 10 87,150 15,834 102,984 84,885
Mission 10 46,298 46,298 45,627
Upkeep of Church Premises 10 33,991 1,763 35,754 58,770
Governance
Costs		 10 830 830 912
166,269 17,597 185,866 190,194

12 Independent Examination
2021 2020
E E
Independent Examination ofthe Financial
Statements 830 912
2020 2019
13 Staff Costs E
Wages and Salaries 93,654 73,897
Social Security Costs 2,092 1,755
Employer's Contributions to Pension Plans
Note 20 5,441 5,443
101,187 81,095
No.
Number of Ministry Staff
Number
ofAdministrative		 Staff
Number
ofCaretaker Staff

Tangible
Fixed Assets
Land and Equipment Total
buildings
Cost E E E
At 1April 2020 542,412 34,356 576,768
Additions 4,677 8,698 13,375
At 31March 2021 547,089 43,054 590,143
Depreciation
At 1April 2020 281,436 16,894 298,330
Charge for the Year 5,717 5,232 10,949
At 31March 2021 287,153 22,126 309,279
Carrying
Amount at31March 2021		 259,936 20,928 280,864
At 31March 2020 260,976 17,462 278,438

2021 2020
16 Stocks
Stocks for resale 16,773 15,767
17 Debtors
Income Tax Recoverable 15,498 32,057
Other Debtors and Prepayments 3,428 6,337
Total Debtors 18,926 38,394
18 Creditors: amounts falling due within one year
Tax and Social Security 1,366 1,125
Other Creditors 4,690 8,792
Total Creditors 6,056 9,917
19 Pensions and Other Post Retirement Benefits

Analysis of Net Assets between Funds
Total
Unrestricted Restricted Funds
Funds Funds 2021
f f
Tangible Fixed Assets 280,864 280,864
Current Assets 153,738 6,463 160,201
Creditors Less Than One Year (5,446) (61'0) (6,056)
Provisions for Liabilities 20,622 20,622
Net Assets 408,534 5,853 414,387
Analysis of Net Assets between Funds
Total
Unrestricted Restricted Funds
Funds Funds 2020
f f
Tangible Fixed Assets 278,438 278,438
Current Assets 137,501 1,993 139,494
Creditors Less Than One Year (9,917) (9,917)
Provisions for Liabilities 32,473 32,473
Net Assets 373,549 1,993 375,542