| Page | Page | |||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 7 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | |||
| Notes to the Financial Statements | 11 | to | 21 | |
| Detailed Statement ofFinancial Activities | 22 | to | 23 |
| for t | he Year E | nded 31Au ust | 2021 | ||||
|---|---|---|---|---|---|---|---|
| 31.8.21 | 31.8.20 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| INCOME AND ENDOWMENTS | FROM | Notes | funds 6 |
funds 8 |
funds 8 |
fundsf | |
| Donations and legacies |
233,775 | 13,513 | 247 288 | 286,307 | |||
| investment income |
2 | 9575 | 9575 | 9,922 | |||
| Total | 243,350 | 13,513 | 256,863 | 295,229 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 3 | 218,158 | 2,495 | 220,651 | 250,225 | ||
| Other | 512 | ||||||
| Total | 218,156 | 2,495 | 220,651 | 250,737 | |||
| NET INCOME | 25,194 | 11,018 | 36,212 | 45,492 | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 1,290,393 | 30,134 | 1,320,527 | 1,275,035 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,315704 | 41,036 | 1,356,740 | ~1320527 |
| Balance Sheet | Balance Sheet | ||||
|---|---|---|---|---|---|
| ~31a | f2021 | ||||
| 31.8.21 | 31.8.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| FIXEDASSETS | Notes | funds 5 |
funds f |
funds 8 |
fundsf |
| Tangible assets | 6 | 1,242,468 | 1,242,468 | 1,160,703 | |
| CURRENT ASSETS | |||||
| Debtors Cash in hand |
7 | 13,628 62038 |
~41036 | 13,628 103,074 |
11,086 152187 |
| 75,666 | 41,036 | 116,702 | 163,273 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
8 | (2,430) | (2,430) | (3,449) | |
| NET CURRENT ASSETS/(LIABILITIES) | 73236 | 41,036 | 114272 | 159824 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,315,704 | 41,036 | 1,356,740 | 1,320,527 | |
| NETASSETS | 1,315,704 | 41,036 | ~1,356740 | 1,320,527 | |
| FUNDS | |||||
| Unrestricted funds Restricted funds |
1,315,704 41,036 |
1,290,393 30134 |
|||
| TOTALFUNDS | 1,356,740 | 1,320,527 |
| Church | Building | Not provided | |
|---|---|---|---|
| Hut | Not provided | ||
| Manse | Not provided | ||
| Motor Vehicles | 25%on reducing | balance | |
| Fixtures | and fittings | 20%on cost and | 10%on cost |
| Office equipment | 33%on cost | ||
| Arnolds | Mead | Not provided |
| No. ofemployees | 31.8.21 6 |
31.8.20 7 |
||
|---|---|---|---|---|
| No employees received emoluments |
in excess ofF60,000. | |||
| TANGIBLE FIXEDASSETS | ||||
| Church | Motor | |||
| Building | Hut | Manse | Vehicles | |
| COST | 6 | 6 | 6 | |
| At 1 September 2020 Additions |
834,402 | 37,918 | 135,837 | 7,200 |
| At 31August 2021 | 834402 | 37,918 | 135,837 | 7200 |
| DEPRECIATION | ||||
| At 1 September 2020 Charge for year |
5,492 427 |
|||
| At 31August 2021 | 5919 | |||
| NET BOOK VALUE | ||||
| At 31August 2021 | 834,402 | 37,918 | 135837 | 1,281 |
| At 31August 2020 | 834,402 | 37918 | 135,837 | 1,708 |
| Corsham Ba tlat Church | |||||
|---|---|---|---|---|---|
| Notes to the Financial Statements | -continued | ||||
| for the Year Ended 31Au ust 2021 | |||||
| 6. | TANGIBLE FIXEDASSETS ~continued | ||||
| Fixtures | |||||
| and | ONce | Arnolds | |||
| fittings f |
equipment f |
Mead f |
Totals f |
||
| COST | |||||
| At 1 September 2020 Additions |
84,279 | 7,468 | 130,887 88614 |
1,237,991 88,614 |
|
| At 31August 2021 | 84,279 | ~7468 | ~219501 | 1,326,605 | |
| DEPRECIATION | |||||
| At 1 September 2020 Charge for year |
65,121 6,224 |
6,675 198 |
77,288 6,849 |
||
| At 31August 2021 | 71,345 | 6,873 | 84,137 | ||
| ' | |||||
| NETBOOKVALUE | |||||
| At 31August 2021 | ~12934 | 595 | 219,501 | 1,242,468 | |
| At 31August 2020 | 19,158 | 793 | 130,887 | 1,160,703 | |
| 7. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| Trade debtors | 31.8.21 f 13,628 |
31.8.20 f ~11 086 |
|||
| 8. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| Trade creditors | 31.8.21 f 2,430 |
31.8.20 f 3,449 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| Unrestricted funds |
At 1.9.20 8 |
in funds f |
funds f. |
31.8.21 f |
| General fund Anne Killlngback Mission Fund- Designated |
70,354 6,037 |
39,358 | (35,000) | 74,712 6,037 |
| Buildings - Buildings -Designated Fixed Asset Fund -Designated Ladies Ministry -Designated Men's Ministry -Designated Youth Events -Designated Chgdrens Events - Designated Youth Weekend- Designated Events 11.15-Designated Sanga Sanga Mission Trip 2019 |
62,289 1,138,918 863 940 71 10 (129) 7 434 |
(97,289) 103,550 |
35,000 | 1,242,468 863 940 71 10 (129) 7 434 |
| Uganda Mission Tdp 2019 DTI Camp - Designated Covid 19Benevolent -Designated |
2,010 (367) 9070 |
~1315 | 2,010 (367) 7,755 |
|
| Restricted funds | 1,290,508 | 44,304 | 1,334,813 | |
| Mission Fund Junior Church Buildings - Buildings Mission Fund-Mission trips Sanga Sanga Mission Trip 2019 Uganda Mission Trip Uganda Mission Trip 2019 |
4,428 24 21,525 6,486 (434) (2,189) 178 |
13,513 (80) (21,525) |
17,941 (56) 6,486 (434) (2,189) 178 |
|
| 30,018 | 8,092 | 21,926 | ||
| TOTAL FUNDS | ~1320,526 | 36,212 | ~1356740 |
| Net movement In funds, included in the above a |
re as follows: | ||
|---|---|---|---|
| Incoming | Resources | Movement | |
| Unrestricted funds |
resources f |
expended | in funds 9 |
| General fund Buildings - Buildings - Designated Fixed Asset Fund -Designated Covid 19Benevolent -Designated |
243,350 103,550 |
(203,992) (97,289) ~1,315 |
39,358 (97,289) 103,550 ~1,315 |
| Restricted funds | 346,900 | (302,596) | 44,304 |
| Mission Fund Junior Church Buildings - Buildings |
13,513 | (80) ~21,525 |
13,513 (80) ~21,525 |
| 13,513 | 21,605 | 8,092 | |
| TOTALFUNDS | 360,413 | 324,201 | 36 212 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.9.19 | in funds | funds | 31.8.20 | |
| 5 | f | 5 | 5 | |
| Unrestricted funds |
||||
| General fund Anne Killingback Mission Fund- Designated |
68,644 6,126 |
24,131 | (19,421) (89) |
70,354 6,037 |
| Buildings - Buildings -Designated Fixed Asset Fund -Designated Ladies Ministry - Designated |
43,289 1,146,722 |
(7,804) 863 |
19,000 | 62,289 1,138,918 863 |
| Men's Ministry -Designated Soul Survivor -Designated Leaders Ministry - Designated Youth Events - Designated |
1,128 327 (150) 5 |
(188) (260) (50) |
(66) 200 66 |
940 71 |
| Childrens Events - Designated Youth Weekend- Designated Events 11.15-Designated |
8 (148) |
10 19 |
(8) | 10 (129) 7 |
| COTG events- Designated Sanga Sanga Mission Trip 2019 Uganda Mission Trip 2019 DTI Camp - Designated Covid 19Benevolent- Designated |
150 474 2,010 |
(367) 9,070 |
(150) (40) |
434 2,010 (367) 9070 |
| Restricted funds | 1,265,592 | 25,424 | (508) | 1,290,508 |
| Mission Fund Junior Church |
2,865 55 |
1,563 (31) |
4,428 24 |
|
| Buildings - Buildings | 21,525 | 21,525 | ||
| International Teams 'Tearfund |
62 | (62) (342) |
342 | |
| Mission Fund-Mission trips Sanga Sanga Mission Trip 2019 |
6,460 | 38 | (12) | 6,486 |
| Uganda Mission Trip Uganda Mission Trip 2019 |
(434) (2,189) |
(434) (2,189) |
||
| 178 | 178 | |||
| 9,442 | 20,068 | 508 | 30,018 | |
| TOTAL FUNDS | 1,275,034 | 45,492 | ~1320527 |
| MOVEMENT IN FUNDS - continued |
|||
|---|---|---|---|
| Comparative net movement in funds, included |
in the above are as follows: | ||
| Incoming | Resources | Movement | |
| Unrestricted funds |
resources | expended f |
in funds 6 |
| General fund Fixed Asset Fund -Designated Ladles Ministry -Designated Men's Ministry -Designated Soul Survivor -Designated Leaders Ministry -Designated Childrens Events - Designated Youth Weekend- Designated DTI Camp -Designated Covld 19Benevolent -Designated |
244,136 1,867 752 700 10 1,165 665 12,970 |
(220,005) (7,804) (1,004) (940) (260) (750) (1,146) (1,032) ~3,900 |
24,131 (7,804) 863 (188) (260) (50) 10 19 (367) 9070 |
| Restricted funds | 262,265 | (236841) | 25,424 |
| Mission Fund Junior Church Buildings - Buildings international Teams Tearfund Mission Fund-Mission trips Sanga Sanga Mission Trip 2019 Compassion Uganda Mission Trip |
6,098 100 25,703 905 1,040 38 80 |
(4,535) (131) (4,178) (967) (1,382) (434) (80) ~2189 |
1,563 (31) 21,525 (62) (342) 38 (434) ~2,189) |
| TOTALFUNDS | 296,229 | ~250,737 | 45,492 |
| Type ofAssumption | %pa |
|---|---|
| RPI price inflation assumption CPI price inflation assumption |
3.50 2.75 |
| Minimum Pensionable Income increases (CPI pIus 0.75%pa) |
3.50 |
| Assumed investment returns |
|
| -Pre-retirement | 3.50 |
| -Post retirement | 2.25 |
| Deferred pension increases | |
| -Pre April 2009 | 3.50 |
| -Post April 2009 | 2.50 |
| Pension increases | |
| - Main Scheme pension Pre April 2006 | 2.70 |
| - Main Scheme pension Post April 2006 | 2.00 |
| Comham Ba tist Church | Comham Ba tist Church | ||||
|---|---|---|---|---|---|
| Detaged Statement ofFinancial Activities | |||||
| forthe YearEnded31Au | ust2021 | ||||
| 31.8.21 | 31.8.20 | ||||
| 8 | 5 | ||||
| INCOME AND ENDOWMENTS | |||||
| Donations and legacies |
|||||
| General offerings and donations General offerings and donations-restricted General offerings and donations-designated |
233,775 13,513 |
234,214 33,926 18,167 |
|||
| 247,288 | 286,307 | ||||
| Investment income |
|||||
| Tynings rant received Deposit account interest |
9,420 155 |
9,180 742 |
|||
| 9,575 | 9,922 | ||||
| Total incoming resources | 256,863 | 296,229 | |||
| EXPENDITURE | |||||
| Raising donations and legacies Salaries Pastoral care Worship expenses Admin: subscriptions Admin: telephone Admin: other costs Ministry expenditure:Other Outreach CMDAC Outreach: Mums and Tots Outreach: Events Mission: Home mission The Gathering Weekend Mission: Others Upkeep ofChurch Other Premises Costs: Council tax Other Premises Costs: Water Other Premises Costs: Kitchen Other Premises Costs: Dovecote Other Premises Costs: Dovecote rent Other Premises Costs: Heath &safety Other Premises Costs: Building hire & |
130,371 1,623 1,825 1,611 901 2,427 1,580 1,510 40 3,237 7,000 11,749 3,343 1,898 94 192 3,442 8,400 63 |
138,227 7,044 1,569 1,341 1,049 2,537 2,490 1,868 7,000 17 11,551 3,451 1,864 86 1,036 3,235 8,400 193 |
|||
| professional fees Upkeep ofChurch: heat & light Upkeep ofchurch: insurance Upkeep ofchurch: Repairs &maintenance Outreach: The Ark Carried forvrard |
2,475 3,014 2,293 370 511 189,969 |
4,507 3,144 2,245 2,806 200 205,860 |
| Corsham Ba tist Church | Corsham Ba tist Church | |||
|---|---|---|---|---|
| Detailed Statement ofFinancial Activities | ||||
| forthe YearEnded31Au | ust2021 | |||
| 31.8.21 | 31,8.20 | |||
| Raising donations end legacies |
8 | 8 | ||
| Brought forward Fabric: Named Projects Fabric: Arnolds Mead Fabric:The Tynings Fabric: General Other Premises Costs: Long Close Other Premises Costs. Long Close CTax/water Admin Rudloe Desig &Restr Teaching &Training Fabric: The Hut AIM |
Ave rent Avenue Funds |
189,969 505 2,828 108 8,400 2,097 80 |
205,860 1,476 23 1,137 162 8,400 1,941 84 130 13 |
|
| ICT BMS Desig 8,Restr- Mission: Mission Costs The Bible Socieiy Open Doors Teaching: Junior Church Teaching: Youth Teaching: Ministry Training Depreciation on music equipment Depreciation on fixtures and fittings Depreciation on motor vehides Depreciation on office equipment Bank charges |
75 1,000 2,500 2,500 195 40 70 6,224 427 198 104 |
2,500 99 1,325 9,587 2,500 2,500 270 157 521 1,059 5,397 570 265 90 |
||
| 217,320 | 246,066 | |||
| Other | ||||
| Loss on sale oftangible fixed assets | 512 | |||
| Support costs | ||||
| Governance costs |
||||
| Accountancy and legal fees |
3331 | 4159 | ||
| Total resources expended | ~220 651 | 250,737 | ||
| Net income | 36,212 | ~45 492 |