| Trustees | |||||
|---|---|---|---|---|---|
| Rev CTutte (Pastor) | |||||
| Mr D Pearson treasurer) | |||||
| Mr RWebb | |||||
| Mrs KTully | |||||
| Mrs RMeates | |||||
| Mr I Dennison | Retired 28June 2022 | ||||
| Mrs G Pirouet | Retired 28June 2022 | ||||
| Mrs H Cox | Passed away 21 March 2022 | ||||
| Mr RAnderton | Appointed 6July 2021 | ||||
| Mrs PAnderton Mrs SHail |
Appointed 6July 2021 Appointed 6July 2021 |
||||
| Mrs C Morgan MrJDavies MrBHarley Miss JRoberts |
Appointed 6July 2021 Appointed 6July 2021 Retired 6July 2021 Retired 6July 2021,Reappointed |
28June 2022 | |||
| Mrs DRosser | Retired 6July 2021 | ||||
| Custodian Trustee |
The Baptist Union Corporation | Ltd. | |||
| Status | The church registered | with the | Charity Commission 27 November 2012. | ||
| The church Isafiiated | tothe South | Wales Baptist Association | |||
| Independent Examiner |
|||||
| Julia Mortimer FCCA | |||||
| Watts Gregory LLP | |||||
| Chartered Accountants | |||||
| Elfed House | |||||
| Oak Tree Court | |||||
| Cardiff Gate Business | Park | ||||
| CARDIFF | |||||
| County ofCardiff | |||||
| CF238RS | |||||
| Bankers | |||||
| National Westminster |
Bank | ||||
| High Street | |||||
| NEWPORT | |||||
| NP20 1GG | |||||
| Approved by order or the Board orTrustees on J/Cryj& |
...., and stgned .o..n...t.t.s...b,s..h.attby: |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Notes | funds f |
funds | funds F |
funds F |
|||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
62,546 | 7,965 | 70,511 | 60,449 | |||
| Charitable activities |
|||||||
| Advancement ofthe Christian |
faith | 174 | |||||
| Investment income |
12,728 | 12,728 | 5,069 | ||||
| Total | 75,274 | 7,965 | 83,239 | 65,692 | |||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Advancement ofthe Christian |
faith | 79,986 | 7,986 | 87,972 | 79,018 | ||
| NET INCOME/(EXPENDITURE) | (4,712) | (21) | (4,733) | (13,326) | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward | 320,960 | 2,297 | 323,257 | 336,583 | |||
| TOTAL FUNDS CARRIED FORWARD | 316,248 | 2,276 | 318,524 | 323,257 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Notes | funds f |
funds E |
funds | funds | |
| FIXEDASSETS | |||||
| Tangible assets | 12 | 183,0QQ | 183,000 | 188,050 | |
| CURRENT ASSETS | |||||
| Debtors Cash at bank |
13 | 5,80Q 129,161 |
22?6 | 5,800 131,437 |
6,123 130,342 |
| 134,961 | 2,276 | 137,237 | 136,465 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
14 | (1,713) | (1,713) | (1,258) | |
| NET CURRENT ASSETS | 133.248 | 2,276 | 135,624 | 13526? | |
| TOTAL ASSETSLESSCURRENT UABIUTIES | 315,248 | 2,276 | 318,524 | 323,257 | |
| NET ASSETS | 316.248 | 318.524 | 323,25? | ||
| FUNDS | 15 | ||||
| Unrestricted funds Restricted funds |
316,248 2376 |
320,960 228? |
|||
| TOTAL FUNDS | 318524 | 323,25T |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Regular offerings | 48,819 | 46,580 | |||
| Mission and other giving | 6,025 | 3,961 | |||
| Legacies | 1,318 | ||||
| Grants | 7,500 | ||||
| Income tax recoverable | 8,167 | 8,590 | |||
| 70,511 | 60,449 | ||||
| Grants received, | included | in the above, are as follows: | |||
| 2021 | 2020 | ||||
| Newport City Council - Refurbishment |
works | 7,500 | |||
| INVESTMENT INCOME | |||||
| 2021 | 2020f | ||||
| Rents received | 12,720 | 4,865 | |||
| Bank interest receivable | 8 | 204 | |||
| 12,728 | 5,069 |
| Grant | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| funding | of | ||||||||
| Direct | activities | Support | |||||||
| Costs (see | (see note | costs (see | |||||||
| note 7) | 8) | note 9) | Totals | ||||||
| F | |||||||||
| Advancement ofthe Christian |
faith | 77,824 | 9,188 | 960 | 87,972 | ||||
| 6. | DIRECT COSTS OF | CHARITABLE ACTIVITIES | |||||||
| 2021 E |
2020f | ||||||||
| Staff costs | 40,474 | 42,699 | |||||||
| Staff travel &other expenses | 102 | ||||||||
| Utilities | 6,161 | 6,607 | |||||||
| Church maintenance | 22,344 | 10,946 | |||||||
| Books and training materials |
1,386 | 1,311 | |||||||
| Xalt - Youth work costs | 336 | 327 | |||||||
| Other expenditure for charitable |
activities | 660 | 1,059 | ||||||
| General office costs | 131 | 1,029 | |||||||
| Discretionary gifts |
1,282 | 720 | |||||||
| Fixed asset depreciation | 5,050 | 5,050 | |||||||
| 77,824 | 69,850 | ||||||||
| 7. | GRANTS PAYABLE | ||||||||
| 2021 | 2020 | ||||||||
| Advancement ofthe Christian |
faith | 9,188 | 8,208 | ||||||
| Breakdown ofgrants |
payable | is | as follows: | 2021 | 2020 | ||||
| Baptist Missionary Society |
2,412 | 2,377 | |||||||
| Baptist Union Mission | 2,488 | 2,004 | |||||||
| Eden Gate (Newport | Night Shelter) | 446 | 325 | ||||||
| One Mission - Castros | 600 | 635 | |||||||
| Open Doors | 821 | 502 | |||||||
| Other grants - & f1,000each | 2,421 | 2,365 | |||||||
| 9,188 | 8,208 |
| SUPPORT C | OSTS | Governanc | ||
|---|---|---|---|---|
| costs | ||||
| Advancement | ofthe | Christian | faith | 960 |
| STAFF CO | STS | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Ministerial | salaries 8 | national | insurance | 24,500 | 24,000 |
| Ministerial | salaries - Manse allowance | 6,279 | 5,207 | ||
| Family and | community | worker | costs | 6,533 | 9,600 |
| Employer pension costs | 3,162 | 3,892 | |||
| 40,474 | 42,699 |
| 2020 | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| F | |||||||
| INCOME AND | ENDOWMENTS | FROM | |||||
| Donations | and | legacies | 60,354 | 95 | 60,449 | ||
| Charitable | activities | ||||||
| Advancement | ofthe Christian | faith | 174 | 174 | |||
| Investment | income | 5,069 | 5,069 | ||||
| Total | 65,423 | 269 | 65,692 |
| 11. | COMPARATIVES FOR |
THE | STATEMENT OF FINANCIAL | ACTIVITIES —YEAR | ENDED | 31 DECEMBER | 31 DECEMBER |
|---|---|---|---|---|---|---|---|
| 2020 | |||||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | funds | |||||
| E | |||||||
| EXPENDITURE ON | |||||||
| Charitable activities |
|||||||
| Advancement ofthe Christian |
faith | 78,691 | 327 | 79,018 | |||
| NET INCOME/(EXPENDITURE) | (13,268) | (58) | (13,326) | ||||
| Transfers between funds |
1,500 | ~1,5DO) | |||||
| Net movement in funds |
(11,768) | (1,558) | (13,326) | ||||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought forward |
332,728 | 3,855 | 336,583 | ||||
| TOTAL FUNDS CARRIED FORWARD | 320,960 | 2,297 | 323,257 | ||||
| 12. | TANGIBLE FIXEDASSETS | ||||||
| Freehold | |||||||
| property | |||||||
| COST | |||||||
| At 1 January 2021 and 31 December 2021 | 252,500 | ||||||
| DEPRECIATION | |||||||
| At 1 January 2021 | 64,450 | ||||||
| Charge for year | 5,050 | ||||||
| At 31 December 2021 | 69,500 | ||||||
| NET BOOK VALUE | |||||||
| At 31 December 2021 | 183,000 | ||||||
| At 31 December 2020 | 188,050 | ||||||
| 13. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| 2021 | 2020 | ||||||
| F | |||||||
| Gift Aid tax recoverable | 5,800 | 6,123 |
| CREDITORS | : AMOUNT | S | FALLING DUE WITHIN ONE | FALLING DUE WITHIN ONE | YEAR | |||
|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||
| f | ||||||||
| Accruals | 1,713 | 1,258 | ||||||
| MOVEMENT | IN FUNDS | |||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/1/21 | in funds | funds | 31/12/21 | |||||
| F | F | |||||||
| Unrestricted | funds | |||||||
| General fund |
7,956 | 8,755 | (1,425) | 15,286 | ||||
| Capital fund | 188,050 | (5,050) | 183,000 | |||||
| Ministries fund |
114,636 | (6,992) | 107,644 | |||||
| Building fund |
(1,425) | 1,425 | ||||||
| Bequest fund | 10,318 | 10,318 | ||||||
| 320,960 | (4,712) | 316,248 | ||||||
| Restricted funds | ||||||||
| Xalt (children's | work) | 1,355 | (336) | 1,019 | ||||
| Toddler group Discretionary |
gifts fund | 792 150 |
465 ~150) |
1,257 | ||||
| 2,297 | ~21) | 2,276 | ||||||
| TOTAL FUNDS | 323,257 | ~4,733) | 318,524 | |||||
| Net movement | in funds, | included | in the above are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| F | F | |||||||
| Unrestricted | funds | |||||||
| General fund | 69,316 | (60,561) | 8,755 | |||||
| Capital fund | (5,050) | (5,050) | ||||||
| Ministries fund Building fund |
8 5,950 |
(7,000) ~7,375) |
(6,992) ~1,425) |
|||||
| 75,274 | (79,986) | (4,712) | ||||||
| Restricted funds | ||||||||
| Xalt (children's | work) | (336) | (336) | |||||
| Toddler group | 465 | 465 | ||||||
| Discretionary | gifts fund | (150) | (150) | |||||
| Newport City Council - Refurbishment |
||||||||
| works | 7,500 | ~7,500) | ||||||
| 7,965 | ~7,986) | ~21 | ||||||
| TOTAL FUNDS | 83,239 | ~87,972) | ~4,733) |
| Comparatives | for moveme | nt in fun |
ds- Year | ended 31 | D | ecember | 2020 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Net | Transfers | |||||||||
| movement | between | At | ||||||||
| At 1/1/20 | in funds | funds | 31/12/20 | |||||||
| E | 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) | ~1,500) | 2,297 | |||||||
| TOTAL FUNDS | 336,583 | ~13.326) | 323,257 | |||||||
| Comparative | net movement | in funds, | included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||||||
| resources f |
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 |
490 | (1,501) | (1,011) | |||||||
| Bequest fund | 1,318 | 1,318 | ||||||||
| 65,423 | (78,691) | (13,268) | ||||||||
| Restricted funds | ||||||||||
| Xalt (children's | work) | 174 | (327) | (153) | ||||||
| Toddler group | 95 | 95 | ||||||||
| 269 | ~327) | ~58 | ||||||||
| TOTAL FUNDS | 65,692 | ~79,018) | ~13,326) | |||||||
| Capital fund | ||||||||||
| The Capital fund represents | the net book value | of Freehold | property. |