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2020-12-31-accounts

2020 2019
Unrestricted Restricted Total Total
funds funds funds funds
Notes f.
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 60,354 95 60,449 68,565
Charitable
activities
Advancement
ofthe Christian		 faith 174 174 783
Investment
income		 5,069 5,069 3,487
Total 65,423 269 65,692 72,835
EXPENDITURE ON
Charitable
activities
Advancement
ofthe Christian		 faith 78,691 327 79,018 77,765
NET INCOME/(EXPENDITURE) (13,268) (58) (13,326) (4,930)
Transfers
between funds		 16 1,500 ~1,500i
Other recognised
gains/(losses)
Gains/losses
on defined benefit schemes		 18,107
Net movement
in funds		 (11,768) (1,558) (13,326) 13,177
RECONCILIATION
OF FUNDS
Total funds brought forward 332,728 3,855 336,583 323,406
TOTAL FUNDS CARRIED FORWARD 320,960 2,297 323,257 336,583

2020 2019
Unresbicted Restricted Total Total
funds funds funds funds
Notes E F E F
FIXEDASSETS
Tangible assets 13 188,050 188,050 193,100
CURRENT ASSETS
Debtors 14 6,123 6,123 6,805
Cash at bank 128,045 2 297 130342 154,698
134,168 2/97 136,465 161,503
CREDITORS
Amounts
falling due within one year		 15 (1,258) (1,258) (18,020)
NET CURRENT ASSETS 132910 2,297 135207 143,483
TOTAL ASSETSLESSCURRENT UABILITIES 320,960 2,297 323,257 336,583
NET ASSETS 320960 2297 323257 336.583
FUNDS 16
Unrestricted
funds		 320,960 332,728
Restricted funds 2297 3,855
TOTAL FUNDS 323257

INCOME FROM CH ARITAB LE ACTIVITIES
2020 2019
F
Xalt - Youth work 174 783
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 7)
f		 8)
F		 note 9)
E		 Totals
Advancement
ofthe		 Christian faith 69,850 8,208 960 79,018
DIRECT COSTS OF CHARITABLE ACTIVITIES
2020 2019
F f
Staff costs 42,699 36,264
Staff travel 8 other expenses 102 394
Utilities 6,607 7,676
Church maintenance 10,946 7,770
Books and training
materials		 1,311 1,573
Xalt - Youth work costs 327 557
Other youth activities 35
Toddler group 2,731
Other expenditure
for charitable		 activities 1,059 2,796
General office costs 1,029 1,394
Discretionary
gifts		 720
Depreciation 5,050 5,050
Interest payable and similar charges 904
69,850 67,144
GRANTS PAYABLE
2020 2019
Advancement
ofthe Christian		 faith 8,208 9,661
Breakdown
ofgrants		 payable is as follows: 2020 2019
F
Baptist Missionary
Society		 2,377 2,547
Baptist Union Mission 2,004 2,004
Eden Gate (Newport Night Shelter) 325 635
One Mission - Castros 635 1,020
Open Doors 502 946
Other grants - & f1,000each 2,365 2,509
8,208 9,661

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued
YEAR ENDED 31 DECEMBER 2019
Unrestricted Restricted Total
funds funds funds
31.12.19 31.12.19 31.12.19
EXPENDITURE ON
Charitable
activities
Advancement
ofthe Christian		 faith 74,477 3,288 77,765
NET INCOME/(EXPENDITURE) (6,864) 1,934 (4,930)
Transfers
between
funds		 1,200 ~1,200)
Other recognised
gains/(losses)
Gains/losses
on defined		 benefit schemes 18,107 18,107
Net movement
in funds		 12,443 734 13,177
RECONCILIATION
OF FUNDS
Total funds brought forward 320,285 3,121 323,406
TOTAL FUNDS CARRIED FORWARD 332,728 3,855 336,583
13. TANGIBLE FIXEDASSETS
Freehold
property
COST
At 1 January 2020 and 31 December 2020 252,500
DEPRECIATION
At 1 January 2020 59,400
Charge for year 5,050
At 31 December 2020 64,450
NET BOOK VALUE
At 31 December 2020 188,050
At 31 December 2019 193,100
14. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
Gift Aid tax recoverable 6,123 6,805

15. CREDITORS : AMOUNT S
FALL		 ING DUE WITHIN ONE YEAR
2020 2019
F
Other creditors 17,400
Accruals 1,258 620
1,258 18,020
16. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/1/20
E		 in funds
f		 funds
P		 31/12/20
F
Unrestricted funds
General
fund		 13,524 1,351 (6,919) 7,956
Capital fund 193,100 (5,050) 188,050
Ministries
fund		 124,973 (9,876) (461) 114,636
Building
fund		 1,131 (1,011) (120)
Bequest fund 1 318 9,000 10,318
332,728 (13,268) 1,500 320,960
Restricted funds
Xalt (children's work) 1,508 (153) 1,355
Toddler group 2,197 95 (1,500) 792
Discretionary gifts fund 150 150
3,855 ~58 2,297
TOTAL FUNDS 336,583 ~13,326) 323,257
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F
Unrestricted funds
General fund 63,411 (62,060) 1,351
Capital fund (5,050) (5,050)
Ministries
fund		 204 (10,080) (9,876)
Building
fund
Bequest fund		 490
1,318		 (1,501) (1,011)
1,318
Restricted funds 65,423 (78,691) (13,268)
Xalt (children's work) 174 (327) (153)
Toddler group 95 95
269 ~327 ~58
TOTAL FUNDS 65,692 ~79,018) ~13,326)

MOVEMENT IN FUNDS - con IN FUNDS - con tinued tinued
Comparatives for movement in funds
Net Transfers
movement between At
At 1/1/19 in funds funds 31/12/1 9
F F
Unrestricted funds
General fund (12,662) 24,986 1,200 13,524
Capital fund 198,150 (5,050) 193,100
Ministries
fund		 134,296 (9,323) 124,973
Building
fund		 501 630 1,131
320,285 11,243 1,200 332,728
Restricted funds
Xalt (children's work) 1,282 226 1,508
Toddler group 1,689 1,708 (1,200) 2,197
Discretionary gifts fund 150 150
3,121 1,934 1,200 3,855
TOTAL FUNDS 323,406 13,177 336,583
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 66,556 (59,677) 18,107 24,986
Capital fund (5,050) (5,050)
Ministries
fund		 427 (9,750) (9,323)
Building
fund		 630 630
67,613 (74,477) 18,107 11,243
Restricted funds
Xalt (children's work) 783 (557) 226
Toddler group 4,439 ~2,731) 1,708
5,222 3,288 1,934
TOTAL FUNDS 72,835 ~77,765) 18,107 13,177