REGISTEREO CHARITY NUM8ER'. 1145817 eT tw•a Unauditèd Fln*ncSal tsmen rEnd 31De en Ichu h Swln mlA Monah8n8 Chartered Atxountanls 3842 Newport Strèet Swndon Imttshire SN13DR
Cgntral Church Swlndon Contents of the Flnan¢ial Statem•n forthey ar Ended 31 De¢¢mber 2021 Report ol the Tru$tMs 1 to 7 Ind•pondent Exami1$ Report Statwnent of Flnanclal Activitles Balan¢• Sh•et 10 Notes to the Financial Ststernents 11 to 19
I Church knndon ort of thè Tru Endéd 31 D for r 2021 The Iru$teg5 pre8enl their wlh the ffinan¢ral ststements of the Charity for the yew endeJ 31 December 2021. The trustees have adcyled the provisions ol Accounting and Reporting by Charities.. Statement of Rewmmended Pracli applicable lo tharities preparin9 their ac£ounts in a¢ryx(lance with the Finanoal Reporting StandarKI applicable in the UK and Republic of Ireland {FRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES The purpose of th8 Charity is lo advan thtr Chlan farfh in thè Area of Benefit in 8CC4)rdance wfth Ihg prlndpth and Practices of the PartKipaling Churches. In achiewng ils purpDse. the Charity will engage in a fange tsf ath'vllies. eitheron its own orwth others, indUdg (but not restricted lol.. a) the cebration of putlic ¥Tship., bl the leachiNJ of the Christian faith". I mis8ion and evangelism., pastoral work, inclufling visiting the 8nd the b&reaved,' the PTovis5Dn of facilities with 8 Christh'an èthos ftsr the local community. indudirrfJ Ibut not r•strictÈd tol the elderfy, the young and other groups wth $P8cial needs,. and d) the support of olher charities in th• UK and overseas. The Trusleas have paid due regard lo Ihe Charity Cornmiss*)n's gLid8nce on publK benefit in de(iding what acllvldes thè charity $hould undertake. Th8 trustee8 considerthat th8y ha acted in the wbli¢ benefit. P&Je I
Central Church Swlndon Re ort of the Truste h Yèar En d31D$¢ mber 2021 ACHIEVEMENT AND PERFORMANCE Tho Church Nom1811y, have a weekty Sunday worship seryico al 10.30 am. Holy Communion is induded dLwin9 the service tsyice a month. Prayérs for healing and wholaness are offereil at a service month. A Junior Family Church IJFCI lor chfjldn aTrJ young wple is available during servKe times with th& 8xception of the fir61 Sunday. We glso hold extra. spooal services durin9 the major c$t18n festivals, for examrAe, Maundy Thursday. Gc)d Friday, Eastèr and Christmas. Due lo Coronavirus lockdown, the thurth remaird dosed the fir51 four-and-a-hall months oflhe year. We relumed to live worship 8t Pèntecost on 23 May. Until then the Minister had continued to produ a weekly written ser¥ice which W8s emailed, posted delivered lo members ol ihe congregation. The monlhty newslett8r wa$ dislribulpd in the $8me Unfortunalety the lift broke down and was out of action for some lime whlch meant we worshipd in the cafè until tho autumn. Revd Moyra Daviès retred a8 our minister on Palm Sunday. Unfortunately du• to Covid we werg unable to ho farewell seNi¢¢. Our new Transitsonal Minister, Revd Jonathan Edwards, stsrted his ministry wlh us on Easter Sunday. The first time hg was ae to personally condLKt a Servre was on 6 June. Wg hdd a Welcome seNic for him on 22 September. This was attended by representatives of all the denominations comprising our LEP. h)cal dergy, and members of thurch85 in the town centre. It was a joylul oCcaSn marking the start of a new thapter in Genlral Church's life. Jonathan quicly bègan meeting individuals in the congie9alion to fin(1 out %¥hat they fell aljoul the future of the church. He also started rneeling wrth other thTgy in th8 town and charitios who we r(ght be able lo work with in order to fulfil our charitable objectives wnore lly. Our regular organist, CY Themi5 ToumpoLlidis. left to tske up a te%hiig post in Storohouse in Ihe summer of 2021. Fortunalety we found a new organist, Mrs Hannah Brooke, vho plays mo81 Sundays. We ar8 also gr8lefiJl to th8 following organists.. Ca1Yn Wallbank and Jgnny Pow1ey, who suppcrt us on occasional Sundays thfoughout thè yèar. Our Membèrship xl 31st Dmber 2021 stood at 59. We also have a wmber of adherenl5 who are faithful attendees bul are not lull Members. Our aver8ga weekly attendance is 29 aduts. Unlorbjnately, whilst we a in touch with numtrer of families, the children and teenagers have Lgrgèty ceased to attend. Ther¢ are a number of reasons for this but we are aware that many olher adivilies take pl8c£ on Sunday momings. Sadly. there have been three fvnera1s durirrfJ 20218nd a thurch member lthgd in India. Unfortunatèly, il was not possible lo hold som8 of our SFrfial services in 2021 such a5 Qur Church Anniversary and EasiÈr but wè were glad to be able lo start WOT8hipping together again at P•nt8cost. We were able to cebrate HaNe8t in Seplernber a lovely $eMce, when the was beaulifuly decorated by some of our rnemb8rs for the occasion. The chur( continuéd to be open so we were able lo worshii in person during the Advent Season, w? were able lo decorate the church with tra.n01 trimmings such as Ihe Advenl Wreath and Christmas Tree We were also able lo use our lovely, lull-srLed Nativity 8c•n• - which was wlalty made gèvèral years ago by members ol the congregation. and is ahyays much appreaated ty everyone. The fif$l sdBY in Advent saw the lightiw of the first eAndle and each successive Sunday anoth&r candle is l(t. Thts ojlnmnates on Chrislmas Day when Ihe Christ Candle bs lil. The Service of Lessons and Caiols is another much kved ser¥irE. and wè ware so pleased thal we were able lo hold this service and it was a joy to be able to sing carols this lime. Christingles wer9111 and each family h8d one to lake away th thèm. This service was followed by a bring and share meal. It was much appreckgled espeaally be¢au$e w8 had been Ilmited by strlcter COVKI rul8S th8 year before. OLkr Christmas Appeal this year was for t homeless. was donate(l thrgh Big Breakfast Plus. a charity vtho provid8 hol meals for those eepIng mugh in Swindon a1 others in need. We had alaty started discussions Vlith them wrth a view to Ihern usiro our café fa¢ilii*s for this purpose. The Christmas Day collection w8s givèn lo Christian Aid. Christmas Presents for the Housebound and Ihosg mberS who have been bereaved during the past year.. Central Church always buys a present for Iho$o Members of our congregation who arv htsuseboLbnd and are no longer able to get lo church 8s they once did. W? also purchase a grftfor we who ha$ been rea¥ed dIng tho rrent year. Unfortunaloly, once again due the Covid restrtIOns, we wen't 8bl8 to hold some of our usual fundraising everrts throughout the year- such 8$ Christian Aid Big Bakfast in May, of our twstee5 held 8 Macmillan Cancer Coffee Moming in her garden in September. We llected at Harv8St for Commitment for Life which is a URC]Christian Aid programme and also (118 dId goods which were ¢kinated to the Swndon Fo(xl C(Alective. P89e 2
Central Church R• ort of the Trustees r Ended 31 Decem r 2021 We continued to lled and dolNèr food and olher items for the Fcod Cglle¢live throughoLrt the year - whenever the thurth was open. e were able to hold a full AGM urlike Ihe year before Church Fa¢511t1. The chCh f8uliti'•s are also used by two other worshippiThJ ComMlties. These are Now Life Christian Ministry. led by Pastor Alphonso Davis,. and Glory of God, led by Pastor Sidney Martins. Both moke goc use of the premises induding Ihe Baptistery- for baptism by full iwner8ion. Junlor Family Church IJFCI JFC has fald lo function this year with no thildrefi attenthng even before the pand8ffl cbsgd worship. Sadty there ato too many other axternal activiti'es happening on a Sunday and we need to consder how we can rg-gnga9e wlh our young families, p9rhap$ by meeting during a weekday evening instead. However. this will need a lot of pL4nning and we would require wrfjre leaders to assist wrth thi$. Saleguardlng is tskèn vary serKJusly. All relevant people involveé with our thildren IX vulnerable adull$ DI8dosU and Bathng Sethce Ices) check. Tuesday Fellow8hlp Thi$ not take place duriThJ 2021. The numbets have (tin(Iled. Wa will hold an AGM. but sadly rfc is unlikely that tha gL Meetings will conlinug (e lo numb being too low. Wodn•sday Circle This group did not mèÉt duriNJ 2021. W¥ held a survey to find out what interest th&r& was in which grtsups and Clr¢ may b? viable in aulurnn 2022. Blble Study Group: This Group has been unable to meet due lo cod. Thè 8uN•y dèmonstrated enough interest to make it viable in 2022. pYer Fellow¥hlp.' This group was unable lo meet due lo Coyid. However mombwd kept each other infonmd of pr8yer requests and BO individual prayer al home continued. World Church Group: The World Church Group exists to try and k•èp up-to-date with matters of con¢em around Ihe world as well 88 Wth IOCAI issues rgquiring a Christian voice. The group did not meet due lo Covid restrictions. However ngwsletters aThJ infomiation was still shared a$ much as possible. The link with Baptist missionaries D8niel, Regiane and Anna Sophia Clark remains and was gocd lo receive their lettÈrs and hèar how they aro ¢optng With Covid in Peru. stOs for Change, the newsletter for Commitrnenl for Lile (yr¢ulat¢d where p)ssitAe and the church gave them a gfft of £103.00 to help with their vital yrk with the poor of Central America. Centr81 Church alw supports tha wot of Amn•8ty Inlemational. The cong980 participated in the Wrfte for Rlghl$ campaign. Fundrai$ing over Chrfstsnas raised £684 for Chiistian Aid. We also sent £1(M) to the Leprosy Mission. We ar8 committed to Gtinuing to look tyjtward to support the Vuknérab and dis#d¥anlayd both at hom8 abroad. New8ther We have a monthly newsletter TrwhKh ca1&8 8 pastornl lelter Irom our minister, ol tho thJr¢h farn1, nolffication c even¢s, and ilems of 9[al interest. This is available to evwyone, and copies are takenlsent lo the housebwnd. Church in the Community- Lent Lunche$ These are weekly simple meals organised by Churches Toyether ni Swndon Town Cèntrè (CfSTC) lo ralse money for Christwn Aid And CAFOD. Due to Corona Vifus restrictions in rotstion these did not lake place. Frlend• of SCC Céntr81 Chuwth and ihe Pilgrim C6ntré have kindly allowed Sindon Commeraaj Chaplaincy ISCCI trj us• an office in the Pilgrim Centre. We also use the Pilgrim Centre as our registered address. Central Church and a nurnber of individuals have beme a'Fri?nd of SCC. by supporting th8 ch817ty finanrAally and wlh prayer. In January 2021 we went into OUT third locktlowr and onc8 again Ihe ¢haplain$ had lo stop wsfong. Sheila and Marion continued working from home, popping into the offic• from time to time where rwssary. The chaplains havè bÈ keeping in touch wth their p&)ple as much as possib by phone and email, and by sending the 0Snal card. Sheila has been telephoning Ihe shop managers lo reassure them Ihal we are all Still hern forth•m. Shè has also been keeping in regular cont8Ct 1th thè chaplains. Page 3
C•ntral Church SndOn ort of the Trustees ar Ended 31 Decem 21 When this lo¢kdown was over. some of Ihe chaplains did manage lo gel bac into IlTeiT shops. They were really welcomed back by their people as it has been suth a difficult lirne for the workers. Others w8r8 not abla to get bad( in. This was either because their shops were loo Small and they rx)uld not maintain social distanang, or they we vulneiablo thgmsglvg5 ¥nd had lo slay away. We rx)ntinuÈd wth regu18r'Chaplains Chay se8sitins by Zoom so that wè could 811 see and talk lo eath other. We also had the occasional manager5, meeting by Zoom. Sheila continued 8ttending Zoom meetings with Worka Chaplaincy Mission UK IWCMUKI. This ch8wity keeps a wealher eye on chaplainiie$ aixoss the courity. They also supply our d)8plains' insurance. Thar meétings havè bèen exploring various topics Induding th8 theology of djaplaincy and how to exeoJt• chaplairLy in a post covid world. Th8 m8etiThJs have been very h8lpthA. Sheila has featured on Wittshire Radio's Sunday morning programme. This helps lo raise profile wthin thè town. Sh also gives out Ihe chaaIn¢Y telephone number for anyone to conlact if Y need to speak to someone in 1h8s8 diffilt lines. Thi5 message is also on our social m&Jia pages and website. During th& 18St year, the tall $e¢tor ha$ Suffered greatly. Many of the sho)$ were alrtsady faoxng difficulties, and covid W8s the fin81 nail in ihe coffin. There h8ve been some big n8med shops in Swindon that have dosed their doors in the st sevaral months". House of Fr8ser, Debènham$, Burton Group to name bul a few. Desprte evèrything we remain OpMISt1¢. We believe there has n¢v¢r been a greater need for the chaplaincy sewvir¢. Many membgrs of staff iri local shops are overwhelmed and in need of our support. The chaplains have been back out Ihere post lockdowm as much as they are able. SCC has also been exploring ways of reaching out lo non retail businesses in the bjiure. They have also been liaising With the Forgin9 Connections Group to explore ways of helping people in nee(1 in Sw'n¢Jon, or those who just need someone to talk to, via cafe hubs. We extend our grateful thanks to all of our supporters, through prayer and financi81 giving. Also lo Team SCC lor 811 Ihat Ihoy éo. The Pllgrlm Centre During heavy rain in April gnd May, tiles came off Ihe roof (usirwJ o go¢xI deal of exteiior and interior damage. The repaits to the Toof were paid for frorn our restrided funds held by WEBA Trust Company. The Baptist Insuratxe Company appointed a loss adjuster who agreed that they should pay for repairs to the c&ling In the meeling foc•tn on thg lop flo¢r and replacing the ¢2rpet. Ceiling liles rteeded rèpl8eAng in the large meeting room on the second floor and in the gaIry. plus wall bles in the toilet, and general decoration, 11 was not possible to remove all Ihe staining on th8 wooden ceiling above the Activity Hall at the rear of the W0h1p 8rga. A$ mentioned el$ewh8re this report, the lfft broke down during the year and it was drfficult to get parts so we had lo worship in Ihe cafe for a %thile. In the auiumn. thérn was a flc)d in tha kitehan aThJ café due to blocked drains al th• r•ar of th• buik4ing. We also had lo pul up spikes lo prevent pigeons nestitw3 because they We interfering With the ¥iF-conditionin9 of the Coventry Building Socwty nèxt door. Christine Duranl oversaw 811 the mainten8rt¢e work and m8intsined 8 presence in the oificè. Shè deal with booki'ngs as somg regular customers retumed when Covid restrictions were eased. Clan¢rn.' Big Bteaklasl Plus are prepared lo do their own clèaning. Mrn. Jane Corc¥)ran g)nlinues to dean the rest of the building. Caf* C?ntral: Caf8 Central ownèd in October 2f)16 as a thurth aTrJ ccmnmunty faality. and has b8en much appwated by evgryone. UnfornatelY it be¢ame in¢reasiTrJty dffi¢ull tts ffind v¢luntsors to r[ li and il did noi re-open when Covid restrictions were lifted. We ar8 delighted that Big Breakfast Plus are interested in using our kitchen and café to provid8 hot meals for the homeless. They had hoped to open in November but all their poliaes were not in place so Ihis has been ddaye(l unlil 2022. Inits'ally they ttope to open for momings a week but anticipate Ihat this will increase. Page 4
Central Ch h S¥Andon R• Y• rt of the Trus rEnded31 De ber 2021 FINANCIAL REVIEW At 31 Dècembèr 2021, total funds were £1,375.753. Reslrided funds re £916,818 aThJ endowmènt fun¢ls ware £254,779. UNreslrided reseThes re £2Q4.156. Frèè rnsms, after makin9 8llowance for tsngible fixed ass&t$, were £202,942. The Itustses, re8eTve lleY is to maintaMI free reservÈs at a level which 6yuale$ to apY0Mate1Y six months costs in order lo cover unplanned silu8tions thal may owjr Irom lime lo time. This is in line with good prac11 and fOlS the recommendations of the charity mmisSIC. Based on the we69nl level of o)sts the requirèd frè• r&s8rves are £50.000. Reserves hekl are ab)ve the required lèv#l. Our irorne was afterthd although rny members conlinued lo make their finanaal offering IhroughoLrt locdown. All room hirè bookings wefe cancelled apart from the NHS 8h)od and Transplant Service wbose Sèssions we have Jntinued tg host. This means our income wll be reduced although tookings Started to swy recommence in the auturnn. Vve do have enough reserves to ¢over our expanse$ for the knre86e8We futU¥8. FUTURE PLANS Goals for 2022 -when Central Churth was gstsbli$hed there was a conviction thal bt shwld te a resour(ing church for Christian misslon in cantral Swindon. In the light of this we intend lo explore morè fully how cgn mae our splendid prgmises available to other Christian social outreach organisations in the middb of the IQY4n. - We intend to continue to ensure thai our Safegu8rdln9 Officer- together with those relevant personnd whg have been appointed and mmisSIOnad by the Leadership Team to resp)nd t¢ any safeguar(h'ng concerns have continuèd $8fegu8r(ling training wrth regard lo vulnerable adulls d)ildfen. - We will also continue lo support and encourage regular social 'W-logethers' $u¢h as church rneals aTrJ quiz gvonings, as Ihese prowde an invaluable opportunity to create an atmosphere of openness and fri8ndliness, and for the bvhole r)gre98.0n lo feel a sènsé of b•k•nging to the one Crch f8mily. - Wo will ntinUe to SUPF4)rt local extemal eajmenul initiatiV8s such a8 L1 Lunches in Swindon town cenlre. - We V+ill ntInUe lo supp)rt nalK)nal and Intem)nal events such as". Week of Prayer for Chrislian Unity. Worfd Day of Pray•r. Christian Aid Weth, Macmillarn Cancer Supp)rt.' Wlvkl's Biggest Coffee Moming. One Wodd Week, and the charty, Action for Chil(Jren. W• %¥ill continuè lo enrU[age those atten(ng semces to cNne kThYard for baptism or rDnfim)atiDn and full membership. - W will ob$eN¢ Ir¥dknonal Holy Week servKes on P81m Sunday, Maundy Thursd?y Good Friday. - Wtr 111 wnlinue ravi8ng and updathng all policies. SafryuardiThJ Policy, •)d Hèalth arK1 Safety Policy. etc. - Revlew all ri$k assessments and amelld where n&e•ssary. - Cothnue to ensure that there are suffiaent personnd who are tr81ned in Fwst Aid. - Revieyrf all pricing structures, maintenancè eontracts. utilty use and gener81 expenditure to ensu unngcessary bsse8 are not being incurred. - We wll be undertaking an overhaul of our Church WeIe. - We are working towards baeoming a gner thurch. - We will cnhnUe to te a vrtlcoming. ¢ariThJ. and indusive Chrfslian rJ)mmunity. Serving in Churth aThJ In the fvl ommunity. Page 5
I Church Sndn Re rt of the Trus for the Year Ended 31 r 2021 STRUCTURE. GOVERNANCE AND MANAGEMENT Thg thawity 15 controwed by rts governing dcument, & d••d of trust and 0stituteS an ninrpOratell charfty. We are a single congregation chur¢h CC•mprised of three denominations. We are recognised by the Baptist Union of Great Britain {BUGBI, and locally by the W85t of England Baptist Assouath'on, IWEBAI, Melhodisl Connexion and local by the North Witshire Methodist Circuit. and the United Reformed Churth Génèral Assembly and locally by the South Weslem Synod. We serve Ihe Swindon lown centre aa. Our membership is also drawn from ¢)ther areas of the town. We are members of Churthes Together in Swindon Centre {CTiSCI. We are also M•mrS tsf Swndon Churches Together ISCT) who act as our SpS9nn9 b(wJy for guidance and over8ight. Our chLtrch minister would norrnally be taken in rotstion from the three denominations. Our cJJrrent minist•r is from thtr Baptist tradition. Central Church operates from the purpose-bult Pilgrim Cgnlro. The building Comprises a ground lknr café. the first floorworship Arèa and Seco and third floor offices and meeting rooms, whiGh are available for hire by the ccmmLW)tty. Tru$tee$'. Judith Fur8e {Chairl. June Osborne, Sue Mason (Tr8asurer), Joanna StrutherfrFrost, and Christine Duranl. Exe¢uUve: Our Trus1008 we all member8 crf our eled Executive who Overs th• rnnning of the church and The Executive meets Six limes a year. Elections are held during our Annual Churth Meeting, with all elected posrtions held for three ye8r5 MmuM before re-standing for elethon. We also have one ex.officAO memb8r of thè Exacub've, Revd Jonathan E¢tsards (Minister). Oth•r offlcèr8 8orving C•ntrJl Church and the Pllgrlm Centre: S•crèlarlat.. Christvie [rant (Church Secretary), Marion Mannin9 1MbershIP Secretary) and June Osbomg {Pulpil Suppty). Flnanc• Olficgr". Sug Mason a&8iSted by Christine Durant Finance data Inwl and réport vlIn9'. MHA mOrAha Ca•h ¢ountSng'. Frank Gleed. Chair of Church Meellng.. Christine Durant Staffing Officer. Judith Furse Leader of Junlor Famlly Church IJFCI= Christh'ne Duranl assisted by Hannah Evans. Loader of the Youth Group: V&ancy Inforniation Offlc•r. Vacancy Manse Fabric Offirgr. David McNab Marrfage Reglstrati¢n-. Marion Manning Pastoral Commlttee.. Elected M¢mb&rs.' Mavis Poolfflan, Jane Vvalsh and Glenys Thomas. Rèvd Jonathan Edwards thairs Ihis cofflrnittee as an ex-offioo mernber. The is o grtsup of non-?lected Pastoral Carers also sit on IhB P8StOfal Committee which meets quartetly. The Pastoral Carers visl our and elderfy. Saf•guarding Officer.. Mavis Poolman Inductlon and traIn9 of Trustees.. R&soJrc•s arè available for training any new Trustees in their dube$, e.g. ow constrfution mo(lel do¢umenl, standing orders, web site, Charity Commission website, local knowledgo as many of ow Executive have been serving for many years. All legal requiremerts regarding ongoing infomial*)n is continually updated and displayed in both tho Centre and Cafe. External RoprnsfrntaOn Localty. we have representatiws on Swndon Church•s Togeth8r {SCT) - Revd Jonathan Edwards an¢J Judith Fur8e: and Churches Together in Swndon Centre ICTISC) - Re¥d. Jonathan Edwards. and Judith Furse. Revd Jonathan Eoknrds also act8 as ow repres8ntativ8 to WVE8A. and iwo church mernbers, Christine Durant ané Judith Furse are ow representatives on the North Wittshirè Mèthodist Cirpjll. Judith Furse is also our representative to the URC SW Synod. We are also involved in the local Interfaith Group. Propertles". the legal trfle of propert5 managed by the Church Iruslees belong to the following 88 ¢U81Trlian trustees.. West of England BaFlisl Trusl Company, United R8fom) Church. and the MÈthodisl Church. REFERENCE AND ADMINISTRATIVE DETAILS R•gi$tsr Charlty n)r 1145817 Pe6
I Ch h Sindon Re ort of the Trustee r the Year Ended 31 December 2021 Prlnclpal addr•ss The Pilgrim Centre Regent Circus SndOn Wittshire SN1 1PX TruBt••s J Fur5e D M¢Nab (resigned 23.3.211 C Duranl S Mason R Carnmegh {resi9w 23.3.211 J Osbome J StrLthers-Frost Indèpèndent Examlner James Ga FCA DChA MHA Monahans Chartered A¢Kountanl8 3842 Newport Street Swindon Wittshire SN130R Flnancialllnvestrngnt Wesl of England Bak)tist Association (WEBAI, Uniled Refomd ChLKch IURC). arrfl Methodist Finance Board. Contact detalls Web Site Central Church: www.cenlrakhurth.wg Email". pilcen ad.com Tel.. 01793 537642 Approved by order dthe t>)ard of trustees ... J Furs8- Trustee Page 7
lrnle nt ExaminerfB Re ortto th• Tr Cèntral Church Swindon of Indepenthnt •xamlnerf8 report to the trust••s ol Central chUh Swlndon I I•rt to the charity Iwstees oll my examination of lh& ¥e£ounts of Central Churth &ndOrn (th8 Trust) for the year ended 310¢cember 2021. Responslbiliti• and ba81s ol report As the ¢h8rity tnjstees of the Trust you are responsible for th• prèparation of the accounts in attotdan( wrth the requirements ol the Chaiities Act 2011 (the Act). I report in respect Df my examination of the Trust's 8¢counts carried out under 8e¢b"on 145 01 the Act and in carrying out my examin8tin I have Idlowed all aPICable Directions gNen by the Charity Commission under 8e¢bon 14515)Ibl ol Ihe Act. Indppendont •xamln•trs statement I have wmpleled my examination. I confimi that no material matters have corne lo my 8ttwlI in nnects'on with the gxaminalion giving me cause lo bÉli8v8 that in any material respect.. a¢eAiunting r8cords were kept R) respect of the Trust as requir by section 130 ofthe Att, or Ihè accounts do nol accord with those records., or thg amnts do nol comply wrth th8 applicable requirements coemIng the lorm and Contènt ol accounts set out in the Charities {A¢ttiunts and Reports) Regulations 21XJ8 other ihan any rg4uirom¢nl thal the accounts give a Iwe and fair wewvthich is not a malter conSided as part of an indepeThJent exaMIrti. I have no ¢oncems and have come across no other rnatters in connection wth the examination Its which attenlion should te drawn in this report in ordpr to 8nabl¢ a proper understsnding ofthe accounts to be reached. James Gare FCA DChA MHA Mon8hans Chartered Accountants 3842 Nev4POrt Slreel Swindon Wittshiie SN1 30R Dale..10 May.2022 P8ge 8
C•rrtral C Statement of F" for the Year Ended 31 vltlèg 2021 Total funds 2020 Total fijnds UnreBtri(aed funds Restricted lund¥ Endowment fund Notes INCOME AND ENDOWMENTS FROM Donations and leg8(aes 17,912 760 18.672 19,602 Other trading acbwties Investrneni income 4,1 4,961 38.294 11,521 34,284 Total 52.114 9,813 81.927 65.387 EXPENDITURE ON Raising funds 470 12,170 579 13.219 17,055 Charlt•ble aetivities Church actiwlies 72,081 50,804 122.885 93,969 Total 72,551 62,974 579 136.104 111,024 Net gains on invests))enlg 14.459 93,551 108,010 16,032 NET INCOMW(EXPENDITUREI (5.978} (5791 33.833 129,6051 Trnn8f•r8 b•tw¢on fund 19 9,520 9.520 Nèt movoment in fund¥ (15.4981 49,910 (5791 33.833 (29.8051 RECONCILIAMON OF FUNDS Total lund$ brought f¢rard 219.654 255,358 1,341.920 1.371.525 TOTAL FUNDS CARRIED FORWARD 204,156 916818 254,779 1,375,753 1341920 The note$ fom part tsf thtaè ffinancial st*8ments Page 9
C•n I Church Swlndon he 1 December 2021 2021 2020 Notes FIXED ASSETS Tangible a5sel8 Investments Investments Inve$lmenl property 12 1214 2,329 999,7 246.514 891,557 246,514 14 1,247,295 1,140,400 CURRENT ASSETS Debtors Cash at bank and in hand 7,608 198.308 140,340 205,916 CREDITORS Amouvts falling due wlhin one year 111,8821 (4,3961 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 1,375,753 1,341.920 NET ASSErs 1,375.753 1.341.920 FUNOS Unrestrided funds R•SIn"ct funds Endowment fvnds 204,156 916.818 254,779 219,654 866.9)8 255,358 TOTAL FUNDS 1.375,753 1,341,920 The fmaniaal statement$ wère approved by the Bo*rd of TnJ$tees Ind authorised for issue on 2.Ip-..O.¥.-..IQLL. and w8r8 si•d on its behalf by., C Dufant- Trustee S Mason - Trust8• The notes fomi part of th8s• financaal statements Page 10
C ntral Chureh Swlndon Notes to for Fin r Ended 31 D0mbar 2021 ACCOUNTING POLICIES B•¥is of preparlng tho Iln4nclal stat•m•nts The fIn(la1 51alernenls of lh8 charity. whith 1$ a wblc benefft entity under FRS 102. hav$ bogn prepared in aerxjrdance with the charit$ SORP {FRS 1021 'Accounling and RepDrtitYJ by Charities.. Slalemenl of Recomrnended Practice applicable lo charities prep8ring their accounts In accordance with Ihe Finandal Reporting Standard appli¢ble in thè UK and Rèpublie of Ireland IFRS 1021 leffectNe 1 January 20191,, Finanaal Reporting Stsndard 102 'The Financial Rgporbng Stsndard applicable in the UK and Reputs1 of Ireland, and the Chxritiè$ Act 2011. The finan¢ial ststernents have been prepared under the historical cost eA)nvÈntK)n, urilh the ePIlOn of investments %thch are induded al rnarket ¥alue. The financial statements have been prepared to give a 'true and fai¢ view and have departed trom the Chaiith8S IAccounts and RepLIrts1 Regulations 2C4)8 only to the extent lo provide a 'lrue and fair view. This departure has involved folbw'ng the Accounting and Reporting by Ch8ribes.' Statement of Remmended Practice applicable lo charities preparing their accounts in aCrdantÈ with the Financjal Reporting Standard applicable in the UK and Republic ol Irdand (FRS 1021 issued on 16 July 2014 rather ihan the Accounling and Reportln9 by Ch8rikn'e8,' Ststement ol RecommendBd effgLve from 1 4)ril 2CI)5 which has since b••n thdrawn. The financial statements are prepared in sterling whi(th is the funclional rrenCY of the tharity and roundad to Ihe nearest pound. There are no significAnl areas ofjudgements or key sources ofe$llmatlon un¢ertaiiity. The truste&s cM&der ihat th8r• ar8 no material unrtainl108 about Ihe Charitls a.Ity to wntinug as a goin9 COnM. Logal stsbJ8 of the ¢hrlty Thé charity 1$ an unincorporated ¢h8rity, conslftuled by a trust deed. Tho registered address and the nature of the chariws operations and princApal of tho ¢harty are given in the Iruslees report. Finanel81 reporting $tandard 102 - roducod dlxlosure exemp0n The charity has taken aantage of thè following disdosurè Èxèrnptitin$ in prepaDng these financial statem15, a$ permitted by FRS 11Y2 Finanaal Rewxting Standard appllcable lrtlhg UK and Republic ef Ireland.: th8 requirements of Sts" 7 Statement of Cash Fh)ws. Income All income 15 rewgnised in the Stst8ment of Finanaal A¢tNibes once the charity has entrfement to the fvnds, il Is probable Ihat the inrDme be receivèd 8nd Ihè amc>unt can be measured liaY. Voluntsry in¢ome 18 received by way of grants. donations and gift8 and is induded in fill in th8 Stat•m8nt of Finanaal ktivi1195 when receivable. Grants, bvhere enliuemenl is not ¢orMlilK)nal on the delivery of a speofi performance by the Gharity, are rwnised vthèn thè charity becomes Uncl)ndonallY entided to Ihe grant. Donat8d $er¥ices and farrtles a included al the value to the charity where Ilws can b8 quantifi8d. The value of services prowded by volunteers has not been included in these accounts. In¢oming resources from charlxble trading actrtY are accounted for when eamed. Intèresl on funds he*J on d¢pDSit is indLthd when receivable and the amount can mèssured reliabty by the charity,. this is nonn811y upon notifficalion of the interest paid or payable by the bank. DiendS are reo)9nised On the dwidend has been declared and nolification has been 1Ved of the dividend due. This is normally upon notifiGation by our in¥eslmert thisor of the divid8nd yiéld ofthe investment portfol. Expènditure Liabilities are recognised as axpendilure 8$ soon as there is a legal or ConstnJcti gL419a1ll cy)mmitting the ¢h8rity lo that expenditure, il 1$ probable that a transfer of economic beneffts will tre reqtjired in sottbment and the amount of the obligation can be measur&J reliably. Expendilure is accounted for on an accmals basis has been dassifi&l under headings that aggregatè all cosl related to the calegory. Where costs ¢annol bg diredy attributed to partilar headlngs they have all¢Xated tts activitiès on a b&si$ consistent with the u8è of rèsources_ Page 11 C•Jntinued...
Central Ch rch Swndon to the Financial Stat8m nts- contlnued for he Year En ed 31 Dg¢om r 2021 ACCOUNTING POLICIES - contlnu•d Govgmance costs Governance costs Inde sts of the preparalion and examination of the statutory accounts, the r¥)8t of Iwstee meetings and the cost of any legal advKe to trustees on govemarte or ¢$tY110nal matters. Tanglblo fix•d aets Depreuation is provided at Ihe folkn4ing annual r8tes in order lo lie off eath asset over ts estimated usefijl life. 20% on slraighl line basis 20¥0 on straight line basis Equipment Fixtures and frttiThJs Ffeehold property The PilgNTh Centre is owned by the Baptist Churth Ihirdsl, Mèthodist lone sixth) and United Refomi Church IURCI lone sixth). Thè Manse is owned by Ihe URC. nrtUre iwNed on the Ghurch and rnanse is wrttten off in the year it is incuffed. Thè above properlie5 are rK)I recoLmised a8 assets of the Chty. Invo$trnents Invgslments are included al market value al th? balan she&l date. Any gain or Ioss on revaluati is induded i the Statemenl of Financial Actiwtie8 as unrealiseil. Inveslrnent proyrty Th8 church reVe$ an annual rent from a property that 18 hekj won trust by the West of England Bapb"st Association (WEBAI Tw¥tees. Investrnent prop¢tts¢s are included in Ihe accounts at open market value. All movements arising from revalu8tion are shown in the Statement of Finanual Activitiès. RealL8ed gains and108se8 on investment properties are eAleulated as the diffeien( befvmen the disposal proceeds and the market value al the beginning of the year or LDSI of purchases dlwing the year. Unrealised gains and losses are derived Irom ihe rnovÈm•nt in the market values during the year. Debtors Trado and other debtors a recognised al the settlemènt amount due after any trade disont offered. Prepayrnents are valu8d at the amount ppaid net ofany trade discounts due. C•$h at bank and Sn hand C85h at bank and cash in hand indudes cash and short temi highly liquid investments wilh a short malurfty of three months or less frijtn the dale of acquisition QT openiThJ of the deposit or similar account. crlt01$ Creditors are r8cognised wherg Ihe tharity ha$ a present obligatn resulting from a past evenl that wll probably svli in th8 transfer of fund5 to a third party #nd thè amount due lo settle the obligation can b8 measured or estimat8d reliably. Creditor8 arè nomally reoKsnis8d at trir settlement amf)unt aftèr allowng for any trade dixgunts due. Taxation The church is an excepted charity vitthin the me8nlng of the Taxes Acts. Accomflingly it is potentially exempl from taxation in resrt income and capital gains r8ceived lo Ihe extent that such income of g8ins are applied •xdusively to Cha1ble purposes. No provision fortaxation has been made in th2se financial statements. Fund ateounting Unrèstrict9d funds are available for use at the disu011t of the thurch li the furtharance of its charitable objectiVg5. Re$trieted funds are subpctsd to $trict1)n$ on thèir •xp8ncliture impo8ed by the ¢Jonor. or contained in the temis ofth• grant. Endowrnenl funés are fund5 which are held su'ect to donor-imposed stipul8titsn$ th8t Ihey be maintained as aprtal. The income eamed from Ihese funds is used ksr general pu0598 wheiE allowed or for the s[fiC purposes intended. aim arwj use of eath endowment fund is set out tn the notes to th8 a(>Xunts. Furlher expl8nallon ofthe nature and wrpose of eath fund is I3¢d in the notes to the finanaal statements. P•n8lon costs And other post-rntlrement bon•fits The church 0rat•S a defined corrtribub.on pension sehèmè. Ctsntnbutions payable lo the thurd)'s ponsKJn scheme are Charg ttt thè Statement of Finanual Activities in the pell Ig which Ihey relate. Paga 12 continued...
Con1 Church Swlndon Not•s to th Fi forth•Y rEn 21 ACCOUNTING POUCIES- contlnu•d P•n*ion ¢o•ts and other post4etlremert bongfits The church also pays pension ¢onlribulions for its Ministsr lo the Baptist Minisleis Penson Trust Limited, which is a final salary defined benefit schème. The scheme is a multi-ernployer scheme and it is not possible lo idenbfy the assets and lialIbeS of the Sther whid) are attributable lo the chwch. Therefore. as there is insuffioenl inlomiaion, thè sch•m8 is accthint8d for as a defined ntribUtIon 8cherre. DONATIONS AND LEGACIES 2021 2020 Don81ion$ and eollectKns Gift sid 15.$47 16,349 3.253 OTHER TRADING ACTIVITIES 2021 2020 Cafe Central takings Hire of Pilgrim C8ntr8 other income 555 10,766 2C4) 4,961 4,S61 11,521 INVESTMENT INClE 2021 2020 Rents reCe9d Incomè from fixed 8s$el invéstments Deposit account Inte$1 12,392 25,861 41 8,471 25.454 339 38,294 IiAISING FUNDS IrnwtnnI management ¢c4ts 2021 2020 Portlolio management Rentsl property expenseg 525 12,694 580 15.953 13.219 16,533 Othertradlng activitl 2021 2020 Purchases Repairs and rewaI5 378 522 Aggregate amounts 13,219 17,055 P8ge 13 QTFtinued..
I Church Swind hlo to the Financial Ststemènts - ¢on forthè Yaar End 1 Decernbgr 202 CHARITABLE AcnwTIES COSTS Direct Costs (see note 71 Support Costs Ise8 noté 81 Totals Church acllvhles 97,441 122.885 DIRECT COSTS OF CHARITABLE ACTWMES 2021 2020 Staff costs Manse property expense8 Sundnes Denominations 8sgessments Worship Donalitins 11.825 1,153 27.889 2.455 650 8.871 1,814 587 9.117 2,549 42.2e6 SUPPORT COSTS Gov8manc ¢osts Managemert Total$ Churth a¢thvities 2,205 97 441 Support co8ts. included in1he above. are as folbws.. Manaym•nt 2021 Church activitie$ 2020 Total 8Ctivitie$ RalBs and water Insurance Light and heat Telephom and int8met Printing, postage and statiOry Cleaning and household Repairs and renewals Profession81 feès Bad debt$ Bookkeepin9, rnagement aOnIS and payroll DeprecialKJn of tangibl8 heritage asse15 1,320 1,903 4,405 11,317 2,393 2,792 4,694 17,585 11,294 2,229 2,410 3,744 66.595 290 439 125 2.732 2,925 95,236 49,350 Governance ¢0sts 2021 Church 2020 Total 8(aivities Indedent examination anij a¢tY)untancy 2,205 Page 14 continued...
Cèn I Ch rth SndOn Note¥ to t forthèy Financial Sta r Endèd 31 Dèeambèr 2 21 TRUSTEES. REMUNERATION ANO BENEFITS There were no trustees, muneratiOn or olhor b&neffi16 for the year ended 3108cember 2021 nor for the year ended 31 December 2020. Trustees. expons•¥ Thère were no trusteg5' expenses paid for th8 ye8r ended 31 December2021 for the year ended 31 December 2020. 10. STAFF COSTS 2021 2020 Wages and salaries Other ptn8wJn costs 11,825 27,727 162 27,889 The a¥erage monthly nwnb8r of èmployees during the year was as folbws.. 2021 2020 Mini8ter No ernoYs received eThKluments in excess of £60.000. K8y management personnel for the tharity ojmprises Ihe Mini81er. The total empby88 benefrts for key Man•JenI pers?1 ofltte tharity w8r• £11.825 {2020- £27.8891. COMPARATf¥ES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Res1ri¢ted lunds funds Endowmert fund Total fuThJs INCOME AND ENDOWMENTS FROM DCatKInS and legacies 19,571 31 19,602 Other trading a¢livilie$ Invesknent inwme 11,521 24.418 11,521 34.264 Total 55.510 9.877 65.387 EXPENDITURE ON Raising fvnds 1.933 14,642 17,055 Charitable aetlvlll•s Church a(*vilies 93.794 175 93.9 Total 95.727 14.642 111,Ir24 Net gains on invastments 6.126 NET INcOmExPeNDITuREl 134,091) 19,128 114.6421 129,605) RECONCIUATION OF FUNDS Totsl funds broutht fOlrd 253,745 847.780 270.0(X) 1,371,525 TOTAL FUNOS CARRIED FORWARD 255 358 Page 15 continued...
Con I Church Ind( Notes to the Finan lal Statemen - eontinu forthoy rEnd 1 Decemb r2 21 12. TANGIBLE FIXED ASSETS Fixtures and ttings Equipment Totals COST At 1 Janu8ry 2(r21 and 31 Decefflber 2021 25.3 23.966 49,929 DEPRECIATION Al 1 January 2021 Charge for year 24,329 817 23,271 298 47,6() 1,115 Al 3108comber 2021 25.146 23.569 48,715 NET BOOK VALUE Al 31 De(tmber 2021 817 397 1,214 At 31 DKember 2020 695 13. FIXED ASSET INVESTMENTS Wfrsl of England Baptist Trust Co. United Reform Church Totsl$ MARKET VALUE At 1 January 2021 Unrealised gains 350,449 541,108 77 212 891.557 108010 At 31 Decembgr 2021 618,320 999,567 NET BOOKVALUE At 31 tlecEmber 2021 381247 618,320 At 31 Decernber 2020 350 449 541,108 891557 Investments held by the West of England Bapts'sl TnL8t Company are used lo fjJnd significant repairs to the Pilgrim Cenlre. Investrnents h8ld by the United Reforrn Church arè for SignifnI repairs to the manse. There were no investrnent assèts outside Ihe UK. Ehjring the year en(kd 31 December 2018. £80,0[ of unrestiicted funds were inve5teil in the United Reforn Church fund. INVESTMENT PROPERTY FAIR VALUE At 1 January 2021 and 31 Decèmber 2021 NET 800KVALUE At 31 D&ember 2021 246,514 Al 31 Dember 2W20 246.514 The inveslmenl pfopety %was purchased in January 2020 and is held al cost The trustees are not avrdre cf any material change in the value ¢1 tho property. Page 16 onlinu8d...
Central Church Swindon o Finan¢1 Statsm for the Year Ended 31 December 2021 15. DEBTORS: AMOUNTS FALLING DUE WTHIN ONE YEAR 2021 2020 Trade detrtors Other debtors Prepayments and 8(%rued 785 1.123 1,058 5.427 5,123 1fj. CASH AT BANK AND IN HAND Included in cash is £33,193 12020.. £74,685) which is held on deposit by the W•st of England Baptist Trust Company. 17. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Olhtrr Greditors AttrL*d expBn¥e3 916 10,ge6 975 4.3S6 DefÉrrèd irvjme #te9 lo rental income received in advae. 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2021 Total funds 2020 Total funds ithreslricted funds Restiictad funds Endowment fund Fixed 8ssets Investsnents Currènt assets Current liabilth 1,214 115,939 98,885 1,214 1.246,081 140,340 2,329 1,138,071 205,916 4,3%) 883.628 33.19) 246,514 8.265 204.156 916.818 254 779 1 375 753 1341920 19. MOVEMENT IN FUNI)S Net movement in funds Transfers befvRen funds At1.1.21 31.12.21 Unrn8thcted fvnd• General fvnd 219,654 15.9781 19,5201 204,156 Restri¢t•d fund Swndon Church Fund URC Fund Manse Repair Fund 425,133 439.825 2.150 {10.6931 62.753 11.670 414.440 502,378 9,520 866.9)8 40,390 9.520 916,818 Endowment fund• Propevty- Bapt18t 255,358 15791 254.779 TOTAL FUNDS 1,341,920 33,833 1,375,753 P8ge 17 continLted...
Central Church Swin Not•s to the Financial Sts ntinued lorthgy r Ended 31 December 2021 MOVEMENT IN FUNDS - contlnued N•t movement in fvnds. induded in the above are as follows,. Incoming resour$ Resources expended Gains 8nd lo$$es Movement in fvnds Unr••trfct•d funds General fund 52.114 172.551} 14,459 {5,978} Re8trictsd funds Swindon Churth Fd URC Fund Manse Repair Fund Moyra leaving preserrt 9,053 {50.544} 30.798 e2.753 (10.693) 62.753 {11,6701 111.670) 7601 760 9,813 162.9741 93,551 40,39) endowment ld$ Property- Baptist 15791 15791 TOTAL FUNDS 61.927 108,010 33,833 Comparati* for movement In funds Net movement in funds At 31.12.20 At 1.1.20 Unrnstrkted funds General ffijnd 253,745 134.0911 219.654 Restrlct•d fvnds Swindon Churth FUTh URC Fund Manse Repair Fund 432.398 413,087 17,2651 2e,538 145 425,133 439,625 2.150 847.780 19,128 886,908 Endowmont fund8 Property- Baptist 270.000 114,642) 255,358 TOTAL FUNDS 1,371525 29,605 1.341920 Pa9e 18 eontinued...
Central Chu 8 to t Financial men ontin Year Ended 31 December 2021 19. MOVEhlENT IN FUNDS . contlnu•d Comparative net movemert in fvnds, inded in the abow ar8 as follcws.. IwJmin9 rgsource5 Rès¢ureè8 ewended Gains and 1036es Movement in funds Unrnstricted funds General fund 55.510 195,72n 6,128 134.0911 R•gtslet•d lund¥ s¥ndOn ch[th Fund URC Fund Flower Fund Manse Repair Fund $,847 14801 116,6321 26.538 17.2651 26,538 1301 1451 145 9.877 {655) 19,128 Endowm•nt fund8 Proptty- Baptist {14.6421 (14.6421 TOTAL FUNDS 65.387 111.Ir24 29 6051 Endowm•nt fundts Property- Baptist This luThJ repsents the value of Ihe Imfe$lm¢nl ptopety Ilus ex85 cash from the saFe of Ihe pievious inves1rrnI propetyl managed by the church a5 managing trustees. the deed$ of whith are held by the West of Engkind Baptist Trust company as ¢U$ltrjn trustee. The furhj is held for the general purpose of the charity- Restrlctsd funds Restrictad funds arè subpcted to restrictvJn¥ their expenditu imposgd by the donor, or contaird in the lerrns ofthe grart. Th& purpose of the above restricted frjnds are as follows", Swndon Church Fund This represents fuThJs held by the West of Englana Bapti81 Tmsl Company on behalf of tho thurch and is to covor significant repairs to the Pilgiim Centre trIlding. The URC FLmd is teslridg(I lo thg United fteform Church manse and other related athibes It is ropr85gnled by investEntS held on trust for the church by the United Refomi Church. The Flow8r Fund prowdès ffttywers Ithe thurch and for rnembws who are ill. The Manso Rgp•r Fund mpr8senls monies re¢aved to fijnd repaits to the Manse URC Fund Flower Fund Mans• Rep8ir Fund Tran8fern b•lw•en Iwds £9,520 has been trAnsf•rrèd from unrestricled fijnds to the Manse Rep"r fund to cover the defiol on1his lund. RELATED PARTY DISCLOSURES Total donations of £960 were recEived from trustees. Trse (Jonalions We all given wit1 condilK)n8. Trustees also donate via churth plate collections. Th•$e aMntS are rK)t rÈeordèd separately Thère were no other related party transadions fwlhe year erKled 31 Decernber 2021, Page 19