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2021-12-31-accounts

Derby Road Baptist Church Watford Charity Commission Report for 2021

Top of pg. 3, Summary of main activities

Our main activities are Sunday services, (morning and evening), Sunday School, Bible Class for teenagers, and Creche and Primary Class. During the week there are a variety of activities: regular house groups and prayer meetings, a group for young teens, an evangelistic outreach in the town and occasional other activities to promote the Christian faith. We provide a welcome to people from 15 different nations.

As charity trustees we are aware of the Charity Commission's guidelines on Public Benefit.

We let parts of our premises to outside groups including a Ghanaian Church worshipping in their native language. We have continued renting our hall to a daily preschool. These groups were restored in person once the Covid restrictions were removed.

Free-will giving continued throughout the year with little change.

Pg.4 Summary of Achievements

The nature of our objectives as a church makes these difficult to quantify, but we list the following activities in pursuance of our aims:

  1. Sunday services regularly welcome visitors and those from outside the Christian faith and those new to the town and country. The Sunday ministry is designed in part to benefit those new to us and the public in general, as well as members and regular attenders. New people frequently join us at our morning service. Up to July we were able to stream the Sunday morning services to as many as 40 homes, including some new people. We also maintained some of our regular weekday groups via zoom

  2. We ran our usual Holiday Bible Club in the summer welcoming over 30 local children in person each day.

  3. We have a good relationship with Central Primary School and the local office of Herts CC Social services but due to Covid we had no meaningful contact with either this year.

  4. Some regular maintenance work was carried out on at the premises this year after the removal of the Covid restrictions.

  5. Evangelistic materials including Bibles and gospels were regularly distributed free at our outreach in the town centre and at our regular services.

Pg.5 Section F

Public Benefit: The Trustees have considered the guidance produced by the Charity Commissioners regarding public benefit and they confirm that this has been provided by teaching the Christian faith through regular services for worship and preaching, courses and small groups open to all; activities for children and young people on Sundays and during the week; a range of community activities as detailed above and making our premises available for hire to external organisations The preschool was able to re-open to the public again during the year once their restrictions had been removed.

Derby Road Baptist Church

ACCOUNTS 2021

Registered Charity No 114871

DERBY ROAD BAPTIST CHURCH | DERBY ROAD, WATFORD, WD17 2LZ

Derby Road Baptist Church Watford - 1148711

Analysis of income and expenditure Selected period: 01 January 2021 to 31 December 2021

Income and endowments
Donations and legacies
I21 - Standing Orders
I22 - Church Offerings
I23 - Donations and Legacies
I26 - Special gifts, eg Thankoffering
I27 - Annual Gift Aid
I28 - Mission specific donations
I29 - Mission - Haiti
I30 - Fellowship Aid
Donations and legacies Totals
Investments
I25 - Interest on investments
Investments Totals
Other income
I24 - Hirers
Other income Totals
Income and endowments
Grand totals
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last yea
56,995.00



56,995.00
59,196.00
3,654.05
885.00


4,539.05
3,856.00

9,024.00


9,024.00
14,250.00





4,000.00
13,660.19



13,660.19
13,595.75


2,056.97

2,056.97
590.56


60.00

60.00

700.00



700.00
75,009.24
9,909.00
2,116.97

87,035.21
95,488.31
406.96
0.46


407.42
227.50
406.96
0.46


407.42
227.50
12,896.00



12,896.00
9,382.00
12,896.00



12,896.00
9,382.00
88,312.20
9,909.46
2,116.97

100,338.63
105,097.81

Expenditure

Expenditure on charitable activities
E31 - Pastor's salary and Pension 26,491.69 26,491.69 24,304.40
E32 - Pastor's Tax and National 5,258.92 5,258.92 4,430.63
Insurance
E33 - Pastor's Allowances and 954.33 954.33 1,060.18
Expenses
E34 - Visiting Minsters and Preachers 415.00 415.00 485.00
E41 - Publicity, printing (50%), ex 553.78 553.78 518.17
Messenger
E42 - Messenger printing (50%) and 340.38 340.38 539.20
postage
E43 - Evangelism and literature 1,192.71 1,192.71 445.09
E44 - Conferences and Training 1,449.40
E45 - Church holidays and Outings
E46 - Catering and Car Parking 196.29 196.29 53.70
E47 - Subscriptions 1,377.60 1,377.60 1,035.53
E51 - Youth Teaching materials and 433.40 433.40 974.56
equipment
E52 - Youth Weekday Clubs
E53 - Youth Holiday Clubs and activities 123.86 123.86 119.00
E54 - Youth Subsidies for camps and
weekends
E61 - Purchases of Equipment and 1,398.80 1,398.80 2,081.61
Supplies
E62 - Equipment repairs and servicing 508.12 508.12 1,233.75
E63 - Church consumables 369.43 369.43 460.32
E71 - Church Gas 4,697.26 4,697.26 4,188.79

1



E72 - Church Electricity
E73 - Church Water and Drainage
E74 - Church Insurance
E75 - Church building repairs and
maintence
E76 - Church - New building works
E81 - Manse Gas
E82 - Manse Electricity
E83 - Manse Water and Drainage
E84 - Manse Council Tax & Insurance
E85 - Manse building repairs and
maintenance
E86 - Manse garden work
E91 - Charitable donations - non-
mission
E92 - For Watford Tabernacle Trust
E93 - Mission Fund
Expenditure on charitable
activities Totals
Other expenditure
E94 - Donation for Haiti
E95 - Investements Management
Other expenditure Totals
Expenditure Grand totals
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
1,096.91



1,096.91
913.80
168.43



168.43
183.31
4,834.17



4,834.17
6,385.46
3,271.00



3,271.00
5,332.02






2,117.03



2,117.03
1,720.45
663.90



663.90
650.88
544.43



544.43
521.55
3,298.92



3,298.92
3,179.23
3,034.38



3,034.38
5,244.00
97.88



97.88

2,120.00



2,120.00
1,664.00
3,337.37



3,337.37
6,083.00
10,378.87
5,689.51


16,068.38
15,047.00
79,274.86
5,689.51


84,964.37
90,304.03


580.00

580.00

20.00



20.00

20.00

580.00

600.00

79,294.86
5,689.51
580.00

85,564.37
90,304.03

2

Derby Road Baptist Church Watford - 1148711

Statement of Financial Activities

For the period from 01 January 2021 to 31 December 2021

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Donations and legacies 84,918.24 2,116.97 87,035.21 95,488.31
Investments 407.42 407.42 227.50
Other income 12,896.00 12,896.00 9,382.00
Total income 98,221.66 2,116.97 100,338.63 105,097.81
Expenditure on:
Expenditure on charitable activities 84,964.37 84,964.37 90,304.03
Other expenditure 20.00 580.00 600.00
Total expenditure 84,984.37 580.00 85,564.37 90,304.03
Gains / losses on investment assets
Net income / (expenditure) resources before transfer 13,237.29 1,536.97 14,774.26 14,793.78
Transfers
Gross transfers between funds - in 25,133.41 520.00 25,653.41 28,484.00
Gross transfers between funds - out (25,653.41) (25,653.41) (28,484.00)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use
Net movement in funds 12,717.29 2,056.97 14,774.26 14,793.78
Reconciliation of funds
Total funds brought forward 37,699.44 552.88 38,252.32 23,458.54
Total funds carried forward 50,416.73 2,609.85 53,026.58 38,252.32

3

Derby Road Baptist Church Watford - 1148711

Statement of Assets and Liabilities (by code) As at: 31 December 2021

Class and nominal code General Designated Restricted Endowment Total Last year
Current assets - Cash at bank and in hand
A1 : Natwest Current Account No 1 (15,217.54) 18,749.00 965.00 4,496.46 6,939.59
A2 : Natwest Business Reserve (820.47) 2,000.00 1,179.53 3,179.19
A3 : Natwest Current Account No 2 (26,037.67) 24,475.91 1,644.85 83.09 1,253.09
Total (42,075.68) 45,224.91 2,609.85 5,759.08 11,371.87
Current assets - Investments
A4 : COIF Charities 10.72 3,886.22 3,896.94 3,896.48
Deposit(Contingency)
A5 : Grace Baptist Charities Ltd 17,689.75 25,680.81 43,370.56 22,983.97
Total 17,700.47 29,567.03 47,267.50 26,880.45
Net total assets (24,375.21) 74,791.94 2,609.85 53,026.58 38,252.32
Represented by
Unrestricted - General (24,375.21) (24,375.21) (12,135.14)
Designated - Mission 17,710.91 17,710.91 10,663.01
Designated - Con-Dep 5,886.22 5,886.22 5,885.76
Designated - Legacy 51,194.81 51,194.81 33,285.81
Restricted - Mission 2,609.85 2,609.85 552.88
Total (24,375.21) 74,791.94 2,609.85 53,026.58 38,252.32

4

Derby Road Baptist Church Watford - 1148711

Statement of Assets and Liabilities (by fund)

As at: 31 December 2021

Balance Previous
balance
Cash at bank and in hand
A1: Natwest Current Account No 1 - Asset
General fund
Unrestricted
Mission Fund
Designated
Mission Fund
Restricted
Legacy Fund
Designated
A2: Natwest Business Reserve - Asset
General fund
Unrestricted
Contingency and
Designated
Depreciation Fund
A3: Natwest Current Account No 2 - Asset
General fund
Unrestricted
Mission Fund
Designated
Mission Fund
Restricted
Legacy Fund
Designated
Cash at bank and in hand
Investments
A4: COIF Charities Deposit(Contingency) - Asset
General fund
Unrestricted
Contingency and
Designated
Depreciation Fund
A5: Grace Baptist Charities Ltd - Asset
General fund
Unrestricted
Legacy Fund
Designated
Investments
Grand Total
(15,217.54)
(5,741.00)
965.00
24,490.00
6,939.59
3,179.19
1,253.09
11,371.87
3,896.48
22,983.97
26,880.45
(2,969.41)
(5,741.00)
45.00
15,605.00
1,179.19
2,000.00
(15,658.80)
16,404.01
507.88

10.72
3,885.76
5,303.16
17,680.81
38,252.32
4,496.46
(820.47)
2,000.00
1,179.53
(26,037.67)
23,451.91
1,644.85
1,024.00
83.09
5,759.08
10.72
3,886.22
3,896.94
17,689.75
25,680.81
43,370.56
47,267.50
53,026.58

5

Non-monetary Assets held for church use

Fixed Assets for church use

The church is the beneficial owner (subject to the relevant Trusts) of the following assets, the legal title to which is held by the church’s custodian trustees, Grace Baptist Charities Ltd.

title to which is held by the church’s custodian trustees, Grace Baptist Charities Ltd. title to which is held by the church’s custodian trustees, Grace Baptist Charities Ltd. title to which is held by the church’s custodian trustees, Grace Baptist Charities Ltd.
31-12-2021
31-12-2020
Church premises situate Derby Road, Watford valued for insurance
purposes
6,398,574
6,631,232
Church furnishings and equipment
111,944
102,300
Church manse situate 1 Grosvenor Road, Watford valued for
insurance purposes
1,000,000 500,000

Current Liabilities

None

Long-term Liabilities

None


These accounts have been prepared on the receipts and payments basis in accordance with the Resolution passed at the Quarterly Business Meeting held on the 12[th] November 1996. They accord with Charity Commission guidance notes CC 16b dated September 2010.

Approved by Trustees

The accounts and statement of Assets Liabilities set out herein relating to the twelve months ending 31[st] December 2021 have been approved by the Elders and Deacons as Trustees.

Date: 29-09-2022 Abilio Pinto - Trustee/Treasurer

6

Independent examiner’s report to the trustees of Derby Road Baptist Church, Watford

I report on the accounts of the Church for the year ended 31 December 2021.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met or

Name: David Mortimer Relevant professional qualification or body: CIPFA Address: Sand Jeas, Jasons Hill, Ley Hill, Chesham, Bucks HP5 3QW Date: 27th September 2022

7

Independent examiner’s report to the trustees of Derby Road Baptist Church, Watford

I report on the accounts of the Church for the year ended 31 December 2021.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met or

Name: David Mortimer Relevant professional qualification or body: CIPFA Address: Sand Jeas, Jasons Hill, Ley Hill, Chesham, Bucks HP5 3QW Date: 27th September 2022

7