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|Contents||||Page|
|---|---|---|---|---|
|Trustees'|Annual
Report|||1 to6|
|Independent
Examiner's||Report|to the||
|Trustees|Statement
of Financial||Activities||
|Balance|Sheet||||
|||||10to 20|
|Notes to|the Accounts||||
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|Incoming
resources of|||F201,895|(F190,668 in|2021/22)|
|---|---|---|---|---|---|
|Resources expended
of|||6205,489|(F205,797 in|2021/22)|
|(Net expenditure)/net
income|||-F3,594|(-615,129 in|2021/22)|
|Actual gains on defined|benefit pension|scheme|F14,134|(F2,082 gain|in 2021/22)|
|Net movement
in funds|||F10,540|(-613,047 in|2021/22)|
|2021-22|income|||2022-23|2022-23|2022-23|
|---|---|---|---|---|---|---|
|actual||||||Variance|
|||||||actual to|
|||||budget|actual|budget|
|||||6|F|F-|
|163,774|donations||and legacies|153,650|172,339|18,689|
|7,739|rent received|||6,750|8,775|2,025|
|13,644|engage|gifts||15,000|11,912|-3,088|
|35|interest|||50|110|60|
|5,476|coffee|shop||10,000|8,758|-1,242|
|190,668|total income|||185,450|201,895|16,445|
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|2021-22|income||2022-23|2022-23|2022-23|
|---|---|---|---|---|---|
|actual|||||Variance|
||||||actual to|
||||budget|actual|budget|
||||F|E||
|127,339|offerings||119,350|118,841|-509|
|1,365|donations||7,500|2,372|-5,128|
|28,518|gift aid||26,800|29,432|2,632|
|6,552|raised for other|causes|0|7,414|7,414|
|0|legacies||0|14,280|14,280|
|163,773|total donations|and legacies|153,650|172,339|18,689|
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|Annual
R|epo|rt and F|ina|ncial Statements|fo|r the year ended 31 Ma|rch 2023|
|---|---|---|---|---|---|---|---|
|BMS World Mission|||||||F8,000|
|BMS Harvest Appeal|||||||F450|
|BMSSyria and Turkey|Earthquake||Appeal||||F1,218|
|Framework
(Christmas|Card)||||||F830|
|Grahamstown
Baptist|Church (Coffee|||Morning)|||F927|
|Open Doors|||||||f750|
|Welcome Churches|||||||F360|
|Home for Good|||||||F500|
|Tear Fund (Quiz Night)|||||||F296|
|BMS Birthday Scheme|(only includes|||giving via the Church||bank account)|F975|
|Various
giving
in memory||ofthose|friend who died during||the year||F1,428|
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|Engage Gifts stock at cost|price|F17,200|
|---|---|---|
|Engage Gifts cash||F10,837|
|Restricted funds (amounts|given for specific purposes)|E1,777|
|Emergency
Fund||F40,000|
|Unallocated||F68,236|
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||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|total|
|||||||Funds|Funds|Funds|funds|
|||||notes||E|E|6|f|
|Income and endowments||||||||||
|donations
and legacies||||||164,313|8,026|172,339|163,774|
|charitable
activities||||||8,775||8,775|7,739|
|other trading
activities||||||11,912||11,912|13,644|
|investment
income||||||111||111|35|
|coffee shop||||||8,758||8,758|5,476|
|Total income||||||193,869|8,026|201,895|190,668|
|Expenditure||||||||||
|Expenditure
on raising funds:||||||||||
|Costs of other trading
activities||||9||13,588||13,588|17,917|
|Expenditure
on charitable|activities|||10||183,875|8,026|191,901|187,880|
|Total expenditure||||||197,463|8,026|205,489|205,797|
|Net (Expenditure)/Income||and net movement|in funds|||(3,594)|0|(3,594)|(15,129)|
|Transfer between
funds||||||51|(51)|||
|Actuarial
Gains/(Losses)|on|Deferred Benefit Pension|||19|||||
|Scheme||||||14,134||14,134|2,082|
|Net Movement
in Funds||||||10p591|(51)|10,540|(13,047)|
|Reconciliation
offunds||||||||||
|Total funds brought
forward||||||399,512|1,828|401,340|414,387|
|Total funds carried forward|||||20|410,103|1,777|411,880|401,340|
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||||||2023|2022||
|---|---|---|---|---|---|---|---|
||||notes|6|f|||
|Fixed Assets||||||||
|Tangible
Fixed Assets|||15||273,868||284,277|
|Current assets||||||||
|Stocks|||16|17,200|||14,872|
|Debtors|||17|18,004|||34,744|
|Cash at Bank and in|Hand|||110,156|||90,772|
|||||145,360|||140,388|
|Creditors: amounts|falling due within one year||18|(7,309)|||(8,325)|
|Net Current Assets|||||138,051||132,063|
||||||411,919||416,340|
|Provision for Liabilities||||||||
|Defined benefit pension||liability|||(39)||(15,000)|
|Net Assets|||||411,880||401,340|
|Funds ofthe Charity||||||||
|Unrestricted
Funds|||||410,103||399,512|
|Restricted
Funds|||||1,777||1,828|
|Total charity funds|||20/21||411,880||401,340|
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|||||||unrestricted|restricted|total|total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|funds|
|||||||||2023|2022|
|||||||||6|f|
|4|donations|and|legacies|||||||
||offerings|||||118,841||118,841|127,339|
||donations|||||2,372||2,372|1,365|
||grants - Ashfield||District||Council covid support|||||
||income tax recovered|||on gifts||28,820|611|29,431|28,518|
||raised for|other|causes||||7,415|7,415|6,552|
||legacies|||||14,280||14,280||
||total donations||and legacies|||164,313|8,026|172p339|163,774|
|5|charitable|activities||||||||
||rents and|contributions|||for use ofpremises|8,775||8,775|7,739|
|6|other trading activities|||||||||
||shop income - engage|||gifts||11,912||11,912|13,644|
|7|investment|income||||||||
||bank interest receivable||||||||35|
|8|other income|||||||||
||coffee shop|||||8,758||8,758|5,476|
|9|costs of other trading|||activities||||||
||purchases|||||8,023||8,023|8,461|
||stock movement|||||(2,327)||(2,327)|1,900|
||rent|||||4,420||4,420|4,420|
||rates|||||492||492|368|
||utilities|||||2,500||2,500|2,255|
||insurance|||||480||480|457|
||sundry||||||||56|
|||||||13,588||13,588|17,917|
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|expenditure
on charitable
activities|||||
|---|---|---|---|---|
|||2023||2022|
||unrestricted|restricted|total|total|
|ministry|||||
|wages and salaries|73,712||73,712|76,513|
|employer's
NiC|1,538||1,538|2,324|
|pension costs|6,895||6,895|7,117|
|manse
upkeep|3,402||3,402|3,437|
|minister's
books and materials|320||320|627|
|minister's
travel|375||375|353|
|mentoring
costs|80||80|255|
|visiting
ministers|680||680|275|
|ministry
sub total|87,002||87,002|90,901|
|sUpport cos'ts|||||
|wages and salaries|2,491||2,491|7,318|
|pension costs|192||192|341|
|telephones
inc mobiles|1,620||1,620|1,958|
|printing
and stationery|2,577||2p577|2,596|
|subscriptions|1,927||1,927|2,328|
|courses and conferences|760||760|237|
|finance cost (pension deficit)|388||388|153|
|sundry
expenses|299||299|2,179|
|support costs sub total|10,254||10,254|17,110|
|total ministry|97,256||97,256|108,011|
|Itusslon|||||
|given to other causes|17,163|8,026|25,189|21,844|
|feeding families|||0|520|
|children,
families and young people|1,599||1,599|1,137|
|seniors||||540|
|Active Partners||||2,789|
|worship
group/AV|28||28|1,094|
|flowers|146||146||
|coffee shop|7,553||7,553|4,681|
|catering|14||14|246|
|Renew 34|858||858|955|
|outreach||||22|
|total mission|27,361|8,026|35,387|33,828|
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|||2023||2022|
|---|---|---|---|---|
||unrestricted|restricted|total|total|
|upkeep ofchurch premises|||||
|wages and salaries|10,324||10,324|9,907|
|employer's
NIC|56||56|61|
|pension costs|430||430|494|
|light heat and water|9,131||9,131|7,441|
|repairs and maintenance|20,541||20,541|7,769|
|insurance|3,924||3,924|3,802|
|cleaning|2p426||2,426|2,241|
|depreciation
—land and buildings|5,867||5,867|5,867|
|depreciation
—equipment|4,542||4,542|5,677|
||57,241||57,241|43,259|
|support cos'ts|||||
|wages and salaries|277||277|813|
|pension costs|21||21|38|
|telephone|71||71|218|
|printing
and stationery|286||286|288|
|subscriptions|214||214|259|
|courses and conferences|84||84|26|
|finance cost (pension deficit)|43||43|16|
|sundry expenses|33||33|242|
||1,029||1,029|1,900|
|total upkeep ofchurch premises|58,270||58,270|45,159|
|governance
costs|||||
|examiner's
fee|988||988|882|
|Total Expenditure|183,875|8,026|191,901|187,880|
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||||||||activity|support|support|total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||costs||funds|
||||||||||E|E|
|11|Analysis ofexpenditure|on charitable||activities 2022|||||||
||ministry||||||90,901||17,110|108,011|
||mission||||||39,505|||39,505|
||upkeep of church premises||||||37,582||1,900|39,482|
||governance
costs||||||882|||882|
||||||||168,870||19,010|187,880|
||Analysis ofexpenditure|on charitable||activities 2023|||||||
||ministry||||||87,002||10,254|97,256|
||mission||||||35,387|||35,387|
||upkeep of church premises||||||57,241||1,029|58,270|
||governance
costs||||||988|||988|
||||||||180,618||11,283|191,901|
|12|independent
examination||fees||||||||
||||||||2023|||2022|
||fees payable for:||||||E|||E|
||independent
examination||offinancial|statements|||988|||882|
|13|staff costs||||||||||
||wages and salaries||||||86,804|||94,551|
||social security costs||||||1,595|||2,360|
||employer
contributions|to|pensions||||7,538|||7,990|
||manse costs||||||3,402|||3,437|
||||||||99,339|||108,338|
||||||||No.|||No.|
||number of ministry
staff||||||||||
||number of administrative||staff||||||||
||number ofcaretaker staff||||||||||
|14|Trustee Remuneration|and expenses|||||||||
||Reverend
SJ Robinson was||a trustee ofthe Church
and was also employed||||as the lead minister.|A salary and||pension|
||including
manse costs totalling E38,081was paid to him in his capacity as||||||Lead Minister.||||
||Miss LJ Buckley was a trustee ofthe Church
and was also employed|||||as Children
and Families Worker.|||||
||A salary and pension totalling E19,867|||was paid to her in this capacity.|||||||
||Mr LO'Kane was a trustee||ofthe Church and was also employed||as|the Youth Worker. A salary||and|||
||pension totalling E23,389||was paid to|him in this capacity.|||||||
||Mrs 0 Pindura
was a trustee ofthe Church and was also employed|||||as Seniors Worker. A salary||and|pension|totalling|
||E2,635was paid to her|in this capacity.|||||||||
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|15|Tangible
Fixed Assets||||
|---|---|---|---|---|
|||Land and|||
|||buildings|Equipment|Total|
||cost|E|E|E|
||at 1April 2022|554,589|50,511|605,100|
||additions||||
||at 31March 2023|554,589|50,511|605,100|
||depreciation||||
||at 1April 2022|293,020|27,803|320,823|
||charge for the year|5,867|4,542|10,409|
||at 31March 2023|298,887|32,345|331232|
||carrying amount||||
||at 31March 2023|255,702|18,166|273,868|
||at 31March 2022|261,569|22,708|284,277|
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|16|Stocks||||
|---|---|---|---|---|
||||2023|2022|
||||E|E|
||stocks for resale||17,200|14,872|
|17|Debtors||2023|2022|
||||E|E|
||income tax recoverable||15,401|30,706|
||other debtors and|prepayments|2,603|4,038|
||total debtors||18p004|34,744|
|18|Creditors: amounts|falling due within one year|2023|2022|
|||||E|
||tax and social security||1l332|1,461|
||other creditors||5,977|6,864|
||total creditors||7,309|8,325|
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|||||2023|2022|
|---|---|---|---|---|---|
|Comprises||||||
|I iability|as at 1April 2022|||15,000|20,622|
|Deficiency contributions||paid||(1,258)|(3,709)|
|Interest|cost|||431|169|
|Changes|in deficit recovery||plan and in assumptions|(14,134)|(2,082)|
|Liability|as at 31March|2023||39|15,000|
||||31.03.23|31.03.22|31.03.21|
|---|---|---|---|---|---|
|Accounting
Date||||||
|Discount Rate|||5.70%|0.90%|0.90%|
|Future Increases|in Minimum|Pension Income|3.30%|2.80%|3.50%|
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|Analysis ofnet assets between|funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|
|||funds|funds|2023|
|||E|f|E|
|Tangible fixed assets||273,868||273,868|
|Current assets||143,583|1,777|145,360|
|Creditors less than one year||(7,309)||(7,309)|
|Provision for liabilities||(39)||(39)|
|Net assets||410,103|1,777|411,880|
|Analysis ofnet assets between|funds (continued)||||
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||E|E|E|
|Tangible
Fixed Assets||284,277||284,277|
|Current Assets||138,560|1,828|140,388|
|Creditors
Less Than One Year||(8,325)||(8,325)|
|Provisions for Liabilities||(15,000)||(15,000)|
|Net Assets||399,512|1,828|401,340|
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