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2022-12-31-accounts

Derby Road Baptist Church Watford Charity Commission Report for 2022

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 2022

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 2022 to 31 December 2022

Total
Unrestricted Designated Restricted Endowment This year Last year
Income and endowments
Donations and legacies
I021 - Online Bank Donations 55,148 55,148
I022 - Church Offerings 1,571 80 1,651
I024 - Donations for Assistant Pastor 11,555 11,555
I026 - Donations for Fellowship Fund 50 50
I032 - HMRC Tax Claim 14,647 14,647
Donations and legacies Totals 71,417 11,635 83,052
Income from charitable activities
I023 - Small Donations 398 398
I025 - Unplanned Donations 3,500 1,564 5,064
I033 - Other Income 2,449 2,449
Income from charitable activities 6,347 1,564 7,912
Totals
Investments
I041 - Interests 16 516 532
Investments Totals 16 516 532
Other income
I031 - Hirers Rent 16,377 16,377
Other income Totals 16,377 16,377
Income and endowments 94,158 516 13,200 107,875
Grand totals
Expenditure
Expenditure on charitable activities
E001 - Church Special Activities 1,128 1,128
E002 - Children and Youth Activities 894 894
E003 - Visiting ministers 975 975
E004 - Evangelism and Open-Air 542 542
E005 - Other Expenditure 20 20
E006 - Parking 75 75
E011 - Church supplies and catering 1,366 1,366
E012 - Office consumables and 48 48
Equipament
E013 - Printing services 1,151 1,151
E014 - Subscriptions 2,576 2,576
E015 - Internet and Comunications 513 513
E031 - Salaries and Pensions 27,494 5,536 33,030
E032 - Life insurance 306 306
E033 - PAYE and NI 5,003 1,341 6,345
E034 - Employees Expenses 1,531 1,531
E035 - HMRC 406 406
E071 - Church Insurance 5,091 5,091
E072 - Church Gas 2,863 2,863
E073 - Church electricity 1,559 1,559

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E074 - Church Water
E075 - Church maintenance
E076 - Church servicing
E081 - Manse Electricity
E082 - Council Tax
E083 - Manse gas
E084 - Manse Water
E085 - Manse insurance
E086 - Manse maintenance
E091 - Watford Tabernacle Trust
E092 - Mission donations
E093 - Training and conferences
Expenditure on charitable
activities Totals
Expenditure Grand totals
Total
Unrestricted
Designated
Restricted
Endowment
This year
Last year
209



209

7,636



7,636

2,952



2,952

1,116



1,116

2,928



2,928

1,250



1,250

564



564

542



542

18,110



18,110

843



843


12,135
1,564

13,700







89,682
12,155
8,442

110,280

89,682
12,155
8,442

110,280

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Derby Road Baptist Church Watford - 1148711

Statement of Financial Activities

For the period from 01 January 2022 to 31 December 2022

Unrestricted Restricted Endowment Total Prior year
funds funds funds funds total funds
Income and endowments from:
Donations and legacies 71,417 11,635 83,052
Income from charitable activities 6,347 1,564 7,912
Investments 532 532
Other income 16,377 16,377
Total income 94,675 13,200 107,875
Expenditure on:
Expenditure on charitable activities 101,837 8,442 110,280
Total expenditure 101,837 8,442 110,280
Gains / losses on investment assets
Net income / (expenditure) resources before transfer (7,162) 4,757 (2,405)
Transfers
Gross transfers between funds - in 25,879 25,879
Gross transfers between funds - out (25,879) (25,879)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use
Net movement in funds (7,162) 4,757 (2,405)
Reconciliation of funds
Total funds brought forward 53,026 53,026 53,026
Total funds carried forward 45,864 4,757 50,621 53,026

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Derby Road Baptist Church Watford - 1148711

Statement of Assets and Liabilities (by code) As at: 31 December 2022

Class and nominal code General Designated Restricted Endowment Total Last year
Current assets - Cash at bank and in hand
A1 : Natwest Current Account No 1 827.67 3,463.90 4,291.57 4,496.46
A2 : Natwest Business Reserve 3,444.63 1,293.48 4,738.11 1,179.56
A3 : Natwest Current Account No 2 3,827.63 3,827.63 83.09
Total 4,272.30 3,827.63 4,757.38 12,857.31 5,759.11
Current assets - Investments
A4 : COIF Charities Deposit 3,934.95 3,934.95 3,896.94
(Contingency)
A5 : Grace Baptist Charities Ltd 33,829.23 33,829.23 43,370.64
Total 37,764.18 37,764.18 47,267.58
Net total assets 4,272.30 41,591.81 4,757.38 50,621.49 53,026.69
Represented by
Unrestricted - General 4,272.30 4,272.30 5,676.02
Designated - Mission 3,827.63 3,827.63 83.09
Designated - Legacy 33,829.23 33,829.23 43,370.64
Designated - Con-Dep 3,934.95 3,934.95 3,896.94
Restricted - AP-Res 4,757.38 4,757.38
Total 4,272.30 41,591.81 4,757.38 50,621.49 53,026.69

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Derby Road Baptist Church Watford - 1148711

Statement of Assets and Liabilities (by fund)

As at: 31 December 2022

Balance Previous
balance
Current assets
A1: Natwest Current Account No 1 - Asset
Assistant Pastor fund
Restricted
General fund
Unrestricted
A2: Natwest Business Reserve - Asset
Assistant Pastor fund
Restricted
General fund
Unrestricted
A3: Natwest Current Account No 2 - Asset
Mission fund
Designated
A4: COIF Charities Deposit (Contingency) - Asset
Contingency and
Designated
Depreciation Fund
A5: Grace Baptist Charities Ltd - Asset
Legacy fund
Designated
Current assets
Grand Total
3,463.90
827.67
4,496.46
1,179.56
83.09
3,896.94
43,370.64
53,026.69

4,496.46

1,179.56
83.09
3,896.94
43,370.64
53,026.69
4,291.57
1,293.48
3,444.63
4,738.11
3,827.63
3,827.63
3,934.95
3,934.95
33,829.23
33,829.23
50,621.49
50,621.49

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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.
31-12-2022 31-12-2021
Church premises situate Derby Road, Watford valued for insurance
purposes
6,398,574 6,398,574
Church furnishings and equipment 111,944 111,944
Church manse situate 1 Grosvenor Road, Watford valued for
insurance purposes
1,000,000 1,000,000

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 2022 have been approved by the Elders and Deacons as Trustees.

Date: 28-10-2023

Abilio Pinto - Trustee/Treasurer

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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 2022.

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: 28th October 2023

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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 2022.

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: 28th October 2023

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