2022-08-31-accounts - Corsham Baptist Church

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				Page
Report ofthe Trustees			3	to	7
Independent Examiner's	Report
Statement of Financial	Activities			10
Balance Sheet
Notes to the Financial Statements			12	to	21
Detailed Statement of Financial		Activities	22	to	23

		for t	he Year E	nded 31 Au u	st 2022
						31.8.22	31.8.21
				Unrestricted	Restricted	Total	Total
			Notes	funds f	funds f	funds f	funds 6
INCOME AND ENDOWMENTS		FROM
Donations and legacies				244,118	5,330	249,448	247,288
Investment income			2	~10020		10,020	~9575
Total				254 138	5330	259468	256863
EXPENDITURE ON
Raising funds				212,181	3,752	215,933	220,651
NET INCOME				41,958	1,578	43,536	36,212
RECONCILIATION	OF FUNDS
Total funds brought	forward			1,315,704	41,036	1,356,740	1,320,527
TOTAL FUNDS CARRIED FORWARD				~1357,662	~42 614	~1400276	~1356740

	Corsham Ba tist Church	Corsham Ba tist Church
	Balance Sheet
	R~1A	l2022
				31.8.22	31.8.21
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	8
FIXEDASSETS
Tangible assets	5	1,238,398		1,238,398	1,242,468
CURRENT ASSETS
Debtors Cash at bank and In hand	6	14,087 109024	42,614	14,087 151,638	13,628 103074
		123,111	42,614	165,725	116,702
CREDITORS
Amounts falling due within one year	7	(3,847)		(3,847)	(2,430)
NET CURRENT ASSETS		~119264	~42 614	~161 878	~114272
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,357,662	42,614	1,400,276	1,356,740
NET ASSETS		~1357,662	~42 614	~1400 276	~1356,740
FUNDS
Unrestricted funds Restricted funds				1,357,662 ~42 614	1,315,704 41,036
TOTAL FUNDS				~1400,276	~1356740

Tangible fixed assets
Depreciation Is provided	at ths fofiowing annual	rates		in order to writs offeach asset over Its estimated
useful life.
Church Building	Not provided
Hut	Not provided
Manse	Not provided
Motor Vehidss	25% on reducing		balance
Fixtures and fittings	20% on cost and		10%on cost
Office equipmsnt	33%on cost
Amolds Mead	Not provided

The	average monthly number ofemployees durin	g the year was as follows:
		31.8.22	31.8.21
No.	ofemployees	5	6

for the	Year Ended 31 Au	ust 2022
TANGIBLE FIXEDASSETS
	Church			Motor
	Building f	Hutf	Manse f	Vehicles
COST
At 1 September 2021	834,402	37,918	135,837	7,200
Additions
At 31 August 2022	834,402	~37918	~135837	~7200
DEPRECIATION
At 1 September 2021				5,919
Charge for year				320
At 31 August 2022				6,239
NET BOOK VALUE At 31 August 2022	834,402	37,918	~135 837	961
At 31 August 2021	834,402	~37 918	~135 837	~1281
	Fixtures
	and	Office	Arnolds
	fittings f	equipment f	Mead f	Totals f
COST
At 1 September 2021 Additions	84,279	7,468 2,490	219,501	1,326,605 ~2490
At 31 August 2022	84,279	9,958	219,501	~1329095
DEPRECIATION
At 1 September 2021 Charge for year	71,345 5,679	6,873 561		84,137 ~6560
At 31 August 2022	77,024	7,434		90,697
NET BOOK VALUE At 31 August 2022	~7255	~2524	~219 501	~1238,398
At 31 August 2021	12934	595	219,501	1 242 468

6.	DEBTORS: AMOUNTS F	ALLING DUE WITHIN ONE YEAR
			31.8.22	31.8.21
			f	f
	Trade debtors		10,024	13,628
	Prepayments		4,063
			~14 087	13,628
7.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
			31.8.22 f	31.8.21 f
	Trade creditors		1,888	2,430
	Other creditors		1,959
			~3847	~2430

	for the Year En	ded 31 Au ust 2022
8.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.9.21 f	in funds	31.8.22 f
	Unrestricted funds
	General fund	74,714	48,997	123,711
	Anne Killlngback Mission Fund-	6,037	(450)	5,587
	Designated
	Fixed Asset Fund - Designated	1,242,468	(4,070)	1,238,398
	Ladies Ministry —Designated	863	(92)	771
	Men's Ministry - Designated	940	(756)	184
	Youth Events - Designated	71	283	354
	Children's Events - Designated	10	(10)
	Youth Weekend —Designated	(129)	57	(72)
	Events 11.15 - Designated	7	(7)
	DTI Camp - Designated	(367)	(463)	(830)
	Covid 19Benevolent —Designated	7,755	(1,531)	6,224
	Souper Friday —Designated
		1,332,369	41,958	1,374,327
	Restricted funds
	Mission Fund	17,941	(1,388)	16,553
	Junior Church	(56)	131	75
	CMDAC —the Debt Advice Centre		2,000	2,000
	Mission Fund —Mission Trips	6,486		6,486
	Compassion Oasis IT Austria		20 79	20 79
	Tearfund		736	736
		24,371	~1578	25,949
	TOTAL FUNDS	~1356,740	~43 536	~1400276

Net movement	in	fun	e as follows:
			Incoming	Resources	Movement
			resources f	expended	in fundsf
Unrestricted	funds
General fund			248,981	(204,072)	44,909
Anne Killingback		Mission Fund—		(450)	(450)
Designated
Ladies Ministry -		Designated	590	(682)	(92)
Msn's Ministry	—Designated		219	(975)	(756)
Youth Events	- Designated		920	(637)	283
Youth Weekend-		Designated	1,430	(1,373)	57
DTI Camp - Designated Covld 19Benevolent —Designated			1,973 25	(2,436) ~1556)	(463) ~1531)
			254,138	(212,181)	41,957
Restricted funds
Mission Fund			2,363	(3,751)	(1,388)
Junior Church			131		131
Tsarfund			737		736
Ebola/Oasis			79		79
Compassion Debt Avice			20 ~2000		20 ~2000
			~5330	~3,752)	1,578
TOTAL FUNDS			~259 468	~215933)	43,536

Comparatlves for movement In funds
		Net	Transfers
		movement	between	At
	At 1.9.20 f	in funds f	funds	31.8.21
Unrestricted funds
General fund	2,570,699	26,509	35,000	2,632,208
Anne Klllingback Mission Fund—	(6,037)			(6,037)
Designated Buildings - Buildings -Designated Fixed Asset Fund —Designated	(62,289) (1,138,918)		(35,000)	(97,289) (1,138,918)
Ladies Ministry —Designated	(863)			(863)
Men's Ministry- Designated	(940)			(940)
Youth Events - Designated	(71)			(71)
Childrens Events —Designated	(10)			(10)
Youth Weekend- Designated	129			129
Events 11.15-Designated	(7)			(7)
Sanga Sanga Mission Trip 2019 Uganda Mission Trip 2019 DTI Camp —Designated Covid 19Benevolent - Designated	(434) (2,010) 367 ~9,070)	~1,315)		(434) (2,010) 367 ~10,385)
	1,350,546	25,194		1,375,740
Restricted funds
Mission Fund	(4,428)	13,513		9,085
Junior Church	(24)	(80)		(104)
Buildings —Buildings	(21,525)	(2,415)		(23,940)
Mission Fund-Mission trips Sanga Sanga Mission Trip 2019 Uganda Mission Trip Uganda Mission Trip 2019	(6,486) 434 2,189 ~178)			(6,486) 434 2,189 ~178)
	~30,018)	11,018		~19,000)
TOTAL FUNDS	~1,320528	36,212		1,356,740

supporting the DB	Plan are c	ogectlvely re	sponsible for	funding t	his deficit
Ths key financial	assumptions	underlying	the valuation	were as	follows:
Typo of Assumption					%pa
RPI price inflation	assumption				3.50
CPI price inflation	assumption				2.75
Minimum Pensionable Income increases			(CPI plus 0.75% pa)		3.50
Assumed investmsnt 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 Prs April 2006					2.70
- Main Scheme pension Post		April 2006			2.00

			Corsham Ba tist Church	Corsham Ba tist Church
			Detailed Statement ofFinancial Activities
			for the Year Ended 31 Au	ust 2022
					31.8.22	31.8.21f
INCOME AND ENDOWMENTS
Donations and legacies
General offerings and donations					238,684	233,775
General offerings and donations-restricted					10,764	~13513
					249,448	247,288
Investment income
Tynings rent received Deposit account interest					9,660 360	9,420 155
					~10020	9,575
Total incoming resources					259,468	256,863
EXPENDITURE
Raising donations and legacies
Salaries					103,046	130,371
Pastoral care					2,966	1,623
Worship expenses					7,574	1,825
Publicity					130
Admin: subscriptions					1,421	1,611
Admin: telephone					980	901
Admin: other costs					2,596	2,427
Ministry expenditure:Other					309	1,580
Outreach CMDAC					1,486	1,510
Outreach: Mums and Tots					47	40
Outreach: Chdstlanity explored					45
Outreach: Events					16,620	3,237
Mission: Home mission					7,000	7,000
Mission: Others					16,115	11,749
Upkeep of Church					3,441	3,343
Other Premises Costs: Council		tax			2,840	1,898
Other Premises Costs: Water					101	94
Other Premises Costs: Kitchen					1,021	192
Other Premises Costs: Dovecote					347	3,442
Other Premises Costs: Dovecote			rent		700	8,400
Other Premises Costs: Heath	&safety				406	63
Other Premises Costro Building		hire &
professional fees					4,589	2,475
Upkeep of Church: heat 8 light Upkeep ofchurch: insurance					5,255 2,804	3,014 2,293
Upkeep ofchurch: Repairs & maintenance Outreach: The Ark					1,324 728	370 511
Carried forward					183,891	189,969

	Corsham Ba tist Church	Corsham Ba tist Church	Corsham Ba tist Church
	Detailed Statement of Financial Activities
		for the Year Ended 31 Au	ust 2022
				31.8.22f	31.8.21
Raising donations and legacies Brought forward				183,891	189,969
Fabric: Arnolds	Mead				505
Fabric:The Tynings				(67)	2,828
Fabric; General				510	108
Other Premises	Costs: Long Close	Ave rent		8,400	8,400
Other Premises CTax/water	Costs: Long Close	Avenue		1,919	2,097
Desig &Restr Teaching 8 Training		Funds			80
Fabric: Ths Hut				28
AIM				2,900
ICT				824	75
BMS				1,150	1,000
The Bible Society				2,650	2,500
Open Doors Teaching: Junior Church Teaching: Small Groups				2,650 225 58	2,500 195
Teaching: Youth				331	40
Teaching: Ministry Training				668	70
Depreciation on	fixtures and fittings			5,679	6,224
Depreciation on	motor vehicles			320	427
Depreciation on	office equipment			561	198
Bank charges				99	104
				212,796	217,320
Support costs
Governance costs
Accountancy and legal fees				3,137	3,331
Total resources	expended			215,933	~220 651
Net income				43,535	~36 212