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||Contents|Contents||
|---|---|---|---|
|Report ofthe Trustees for|the year ended 31 December 2020||Page|
|a. Objectives and activities.||||
|b. Achievement
and performance||||
|c.Financial
review||||
|d. Future plans.||||
|e.Structure,
governance
and|management||10|
|f.Reference and administrative|details ofthe charity,|its Trustees and advisors||
|g. Exemption
from disclosure|.||12|
|h. Funds held as custodian.|||.12|
|i.Declaration|||12|
|Report ofthe Independent|Examiner.||13|
|STATEMENT OF FINANCIAL|ACTIVITIES||14|
|BALANCE SHEET.||||
|CASH FLOW STATEMENT.|||16|
|NOTES TO THE FINANCIAL STATEMENTS|||17|
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||Names ofcharity|Trustees who manage the|charity (collectively|known as the Pastors and Deacons)|known as the Pastors and Deacons)|
|---|---|---|---|---|---|
||Trustee Name|Office|Dates acted if|not for|Name ofperson (or body)|
||||whole year||entitled to appoint Trustee|
|Mr|Colin Barnett|Elder|||Church members|
|Mr|George Boyd|Deacon|September 2020||Church members|
|Rev|Dr Alwyn
Barry|Senior Pastor|||Church members|
|Mr|Harry Doel|Deacon|||Church members|
|Mr|Alex Luffrum|Deacon (Church Secretary)|September 2020||Church members|
|Rev|Tim Martin|Associate Pastor|||Church members|
|Mr|John Milroy|Deacon (Church Secretary)|Retired September 2020||Church members|
|Mr|Paul Montgomery|Elder|||Church members|
|Mr|Alan Piibeam|Elder|||Church members|
|Mr|Steve Pullen|Deacon|||Church members|
|Mr|lain Sheppard|Deacon (Church Treasurer)|||Church members|
|Mr|Peter Stojanov|Deacon|||Church members|
|Mr|David Waters|Deacon|Retired September 2020||Church members|
|Type of|advisor||Name|||Address|
|---|---|---|---|---|---|---|
|Independent|Examiner|Steven|Pascoe ACMA|c/o Cambray|Baptist|Church, Cambray
Place,|
|(Church accounts)||||Cheltenham,|GL50 1JS||
|Bankers||CAF Bank Ltd||25 Kings Hill|Avenue,|Kings Hill, West Mailing, ME194JQ|
|Solicitors||Willans|LLP|28 Imperial|Square,|Cheltenham,
GL50 1RH|
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|ear ended 31December 20|20||||||
|---|---|---|---|---|---|---|
||Notes|Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|2020|2019|
|Income from:|||||||
|Donations
and legacies||251,290|24,134||275,424|275,761|
|Charitable
activities||4,423|||4,423|27,990|
|Investment
income||168|||168|339|
|Total income||255,881|24,134||280,015|304,090|
|Expenditure
on:|||||||
|Charitable
activities||255,633|24,109||279,742|312,200|
|Total expenditure||255,633|24,109||279,742|312,200|
|Net income/(expenditure)||248|25||273|(8,110)|
|Reconciliation
offunds:|||||||
|Total funds brought forward||205,094||10,788|215,882|223,992|
|Total funds carried forward|18|205,342|25|10,788|216,155|215,882|
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|T 31 DEC|EMBER|2020||||
|---|---|---|---|---|---|
||||Notes|2020|2019|
|||||f|f|
|Fixed assets||||||
|Tangible fixed assets|||10|23,088|29,748|
|Current assets||||||
|Debtors|||11|12,203|13,328|
|Cash in hand|and at|bank|12|227,180|226,175|
|||||239,383|239,503|
|Current liabilities||||||
|Creditors: amounts||falling due within one year||(9,198)|(12,890)|
|Net current|assets|||230,185|226,613|
|Total assets|less current liabilities|||253,273|256,361|
|Non-current|liabilities|||||
|Creditors: amounts||falling due after one year|14|(37,118)|(40,479)|
|Net assets||||216,155|215,882|
|Charitable
funds||||||
|Unrestricted|funds||15|205,342|205,094|
|Restricted funds|||16|25||
|Endowment|funds||17|10,788|10,788|
|Total funds|||18|216,155|215,882|
|CASH FLOW STATEMENT||||||
|---|---|---|---|---|---|
|Year ended 31December 2020||||||
||||Notes|2020|2019|
|||||f|f|
|Cash flows from operating
activities:||||||
|Net income/(expenditure)
for the year as||||||
|per the statement of financial
activities||||273|(8,110)|
|Adjustments
for:||||||
|Finance cost pension
discount
unwind||||407|1,250|
|Depreciation
charges||||6,660|6,662|
|Movement
in pension
liability||||(107)|(24,856)|
|Pension deficiency payments||||(3,577)|(4,666)|
|Decrease/(increase)
in debtors||||1,125|(3,721)|
|(Decrease)/increase
in creditors||||(3,776)|1,278|
|Net cash provided/(used)
by operating|activities|||1,005|(32,163)|
|Cash flows from investing activities:||||||
|Purchase ofproperty,
plant and equipment||||||
|Net cash used by investing
activities||||||
|Net increase/(decrease)
in cash and cash||equivalents||1,005|(32,163)|
|Cash and cash equivalents
at the beginning||ofthe year||226,175|258,338|
|Cash and cash equivalents
atthe end ofthe year|||12|227,180|226,175|
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|Cambray
Baptist|Cambray
Baptist|Church, Cheltenham|Church, Cheltenham|Church, Cheltenham|||||
|---|---|---|---|---|---|---|---|---|
|2 Donations|and legacies||||||||
||||||Unrestricted|Restricted|Total 2020|Total 2019|
||||||||f||
|Offerings and|similar donations||||213,856|21,030|234,886|228,620|
|Gift Aid tax refunds|||||36,714|3,104|39,818|39,897|
|Donations
received for meals,||||outings|||||
|and similar|||||70||70|2,092|
|Grants received|||||650||650|3,152|
|Bequests and|legacies|||||||2,000|
||||||251,290|24,134|275,424|275,761|
|3Income from||charitable|activities||||||
||||||Unrestricted|Restricted|Total 2020|Total 2019|
||||||||f|f|
|Income from|use ofchurch||premises||830||830|4,021|
|Sale ofbible|study notes and Christian||||||||
|magazines||||||||705|
|Subscriptions|and general||sales||3,031||3,031|18,860|
|Other income|||||562||562|4,404|
||||||4,423||4,423|27,990|
|4 Investment|income||||||||
||||||Unrestricted|Restricted|Total 2020|Total 2019|
||||||||f|f|
|Bank interest|||||168||168|339|
|5 Expenditure||on charitable||activities|||||
|||||Notes|Unrestricted|Restricted|Total 2020|Total 2019|
|||||||||f|
|Ministry|||||120,892||120,892|96,866|
|Mission|||||54,558|24,109|78,667|118,280|
|Establishment|||||80,183||80,183|97,054|
||||||255,633|24,109|279,742|312,200|
##
|Total expenditure|||||||
|---|---|---|---|---|---|---|
||Activities
undertaken
directly||Grant
funding of
activities|Support
costs|Total
2020|Total 2019|
|||f|||||
||Notes||||||
|Ministry||120,892|||120,892|96,866|
|Mission||10,279|68,388||78,667|118,280|
|Establishment||39,989||40,194|80,183|97,054|
|||171,160|68,388|40,194|279,742|312,200|
|Grant funding
(over f1,000specified)|||||||
|||Unrestricted||Restricted|Total 2020|Total 2019|
||||||f|f|
|Baptist Home Mission|||1,296||1,296|1,390|
|BMSWorld Mission (General, Medical,|||||||
|Birthday 5Relief Funds}|||1,376||1,376|1,442|
|Christmas
Offering 2020 for|Family Space||||||
|5YMCA||||3,457|3,457|3,649|
|Cheltenham
YFC|||630||630|730|
|Crosslinks
—Andy Symons|||12,100||12,100|12,100|
|Harvest 2020|||348|20,652|21,000|17,947|
|Latin Link —Suzanne Windsor||||||4,115|
|3C Church
—CAP|||1,200||1,200|1,200|
|Emily R.Riza Pepa - Kosovo|||12,550||12,550|15,250|
|SIM International
- N Coleman|||4,800||4,800|4,800|
|Special Appeal - Cyclone India Appeal||for|||||
|SIM and MAF||||||5,125|
|Wycliffe
UK —T5 N Kempton|||9,600||9,600|9,600|
|Grants payable - f1,000and|less||379||379|2,362|
||||44,279|24,109|68,388|79,710|
##
|8Support co|s|ts|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted||Restricted|Total 2020|Total 2019|
|||||||||f|
|Administrative||staff||31,082|||31,082|30,039|
|Other administrative|||costs|9,112|||9,112|11,145|
|Governance|costs|||||||146|
|||||40,194|||40,194|41,330|
|Support costs||are considered to be fully attributable|||to|Establishment.|||
|9Staff costs|and trustees'|||expenses|||||
||||||||Total 2020|Total 2019|
||||||||f|f|
|Salaries|||||||139,314|130,182|
|Socia I security||costs|||||5,646|5,642|
|Pension costs|||||||10,699|10,700|
|Decrease in pension|||liability||||(107)|(24,856)|
|Other costs|||||||6,847|12,065|
||||||||162,399|133,733|
|Cambray
Baptist Church, Cheltenham||||||||
|---|---|---|---|---|---|---|---|
|10Tangible Fixed Assets||||||||
||Church||Furniture|&|Computers|&||
||premises|Manse|fittings||equipment||Total|
|Cost||||||||
|At 1January 2020|59,100|3,688|71,300||70,553||204,641|
|Additions||||||||
|At 31December 2020|59,100|3,688|71,300||70,553||204,641|
|Depreciation||||||||
|At 1January 2020|41,600||62,740||70,553||174,893|
|Charge forthe year|5,200||1,460||||6,660|
|At 31December 2020|46,800||64,200||70,553||181,553|
|Net BookValue||||||||
|At 1January 2020|17,500|3,688|8,560||||29,748|
|At 31December 2020|12,300|3,688|7,100||||23,088|
|11Debtors||||||||
||||||2020||2019|
||||||f||f|
|HM Revenue &Customs (Gift Aid tax reclaim)|||||6,476||7,942|
|P repayments|||||5,727||5,386|
||||||12,203||13,328|
|12Cash in hand and at bank||||||||
||||||2020||2019|
||||||f||f|
|Cash|||||232||224|
|Current accounts|||||18,688||11,953|
|Savings accounts||||208,260|||213,998|
|||||227,180|||226,175|
|13Creditors: amounts|13Creditors: amounts||falling|falling|due within|due within|one|one|year||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||2020|2019|
|||||||||||||||f|
|Pensions
liability (deficiency||||contributions|||payable to|||Baptist Pensions)|||4,853|4,769|
|Accrual for grant payable|||in respect|||ofChristmas|||offering||||3,457|3,649|
|Accruals and deferred||income|||||||||||221|2,245|
|Trade creditors|||||||||||||667|2 227|
||||||||||||||9,198|12,890|
|14Creditors: amounts|||falling||due after||one|year|||||||
||||||||||||||2020|2019|
||||||||||||||f|f|
|Pension
liability:|||||||||||||||
|At 1January|||||||||||||45,248|73,520|
|Finance cost ofdiscount|||unwind||—included||within||Ministry||activity||407|1,250|
|Deficiency contributions|||paid||||||||||(3,577)|(4,666)|
|Decrease in pension|liability|||- staff||costs|||||||(107)|(24,856)|
|At 31December|||||||||||||41,971|45,248|
|Amount
falling due within one year|||||||||||||4,853|4,769|
|Amount
falling due after|||one|year|||||||||37,118|40,479|
|The discount rate used|||for the||finance cost for pension||||||liabilities|is|0.9%(2019:2.4%).||
|15Unrestricted
funds|||||||||||||||
||||||||||||||Net income/
Transfers||
|||||At|1.1.2020||Income||||Expenditure||(expenditure)
to/(from)|At 31.12.20|
|||||||f||||f||f|f|f|
|General fund|||||176,671||227,021||||(205,107)||21,914
(14,730)|183,855|
|Designated
funds:|||||||||||||||
|Fellowship
fund||||||1,709||||||||1,709|
|Legacy fund||||||5,048||||||||5,048|
|Organisations'
fund||||||2,702|||2,020||(2,292)||(272)|2,430|
|Partnership
fund||||||4||26,840|||(41,574)||(14,734)
14,730||
|Tangible fixed assets|||||18,960||||||(6,660)||(6,660)|12,300|
||||||205,094||255,881||||(255,633)||248|205,342|
|Registered
charity|number:|||1156858|||||||||Page 23of25||
|16Restri|cted|funds|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Net|income/|||
||||At|1.1.2020||Income||Expenditure||(expenditure)||||At 31.12.20|
||||||f||f||f|||f||f|
|Appeals|fund|||||24,134|||(24,109)|||25||25|
|||||||24,134|||(24,109)|||25||25|
|Appeals|Fund - is for special offerings taken during the||||||year,|for|example|at|Christmas
and||Harvest.||
|17Endowment
funds|||||||||||||||
||||||||||||Net|income/|||
||||At|1.1.2020||Income||Expenditure||(expenditure)||||At 31.12.20|
||||||||||f|||f||f|
|Church and manse buildings||||10,788||||||||||10,788|
|See Note|1g|Fixed Assets for background|||details.||||||||||
|18Analysis ofnet assets|||||||||||||||
||||||Fixed|Current|||Current|||Non-current|||
||||||assets||assets||liabilities|||liabilities||Total|
|||||||||||f|||f||
|Unrestricted||funds|15||12,300|235,901|||(5,741)|||(37,118)||205,342|
|Restricted funds|||16||||3,482||(3,457)|||||25|
|Endowment||funds|17||10,788|||||||||10,788|
||||||23,088|239,383|||(9,198)|||(37,118)||216,155|
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