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|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|
##
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|||||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.||||
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