## 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: - examine the accounts under section 145 of the 2011 Act - to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act - to state whether particular matters have come to my attention ## **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: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached 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: - examine the accounts under section 145 of the 2011 Act - to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act - to state whether particular matters have come to my attention ## **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: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached 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