Registered Charity no. 1158755
Yardley Baptist Church
Trustees Annual Report and Accounts
Year Ended 31st December 2020
Wyatt & Co
Chartered accountants 125 Main Street, Garforth Leeds LS25 1AF
Yardley Baptist Church
Year Ended 31st December 2020
Contents Page
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Trustee's Annual Report | 2 |
| Independent Examiners Report | 5 |
| Statement of Financial Activities | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 |
Yardley Baptist Church
Year Ended 31st December 2020
Legal and Administrative Information
Reference
The Charity is called “Yardley Baptist Church”. The Church is registered with the Charity Commission for England and Wales and was registered on the 2nd October 2014.
| Registered Charity Number Registered Office Website Trustees at 31st December 2020 Primary Bankers Independent Examiner: |
1158755 4 Ferndown Road Solihull B91 2AT https://www.yardleybaptist.co.uk/ Rev Peter Everitt (Chair) Danny Sinnassamy Veronika Christian-Rhoden Jo Green Stephen Aylin Peter Hodgetts Resigned 30/04/2020 Isobel Easton Laura Williams Jade Sinnassamy Resigned 30/04/2020 Alison Aylin Appointed 13/05/2020 Emily Hanson Appointed 13/05/2020 Lloyds Bank Plc Ariel House 2138 Coventy Road Sheldon B26 3JW Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF |
|---|---|
1
Yardley Baptist Church
Year Ended 31st December 2020
Trustee's Annual Report
Public Benefit Statement
In setting our objectives and planning our activities our trustees have given consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith through the provision of worship and teaching services and the relief of sickness, financial hardship and promoting good health. This has been achieved by the provision of funds, and services.
Objectives and Principal Activities
The Charity was constituted in 2009 and registered as a separate Charity on 2 October 2014. The principal purpose of the Charity is the advancement of the Christian faith according to the principles of the Baptist Denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and other parts of the world.
The charity's usual activities during the year included the following:
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Boys brigade
-
Girls brigade
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Welcome centre – lunch for local elderly people
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Toddlers – fun activities for mums and toddlers
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Make Lunch – providing lunches and play activities to disadvantaged children and families
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Room hire for community use
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Church use for conferences and seminars
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Climas and creche – Sunday school for children
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Fund raising for various charities and causes
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Missionary. Giving
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Collecting food for food bank
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Christmas toy parcels for disadvantaged children
Structure, governance and management
Our Trustees are familiar with the practical work of the Charity and are active Church members. Trustees are kept abreast of ongoing matters through their involvement with the Church’s day to day activities. The Board meet formally fortnightly every second and 4th Thursday each month to agree and review the Church’s strategy and ensure all Church matters are administered and dealt with appropriately
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Yardley Baptist Church
Year Ended 31st December 2020
Trustee's Annual Report
Financial Review
The Charity’s statement of recipts and payments a net surplus of £8,607.
The Charity’s recipts for the year equated to £111,790 and payments were £103,183 We continue to be very grateful to all who generously donate to our Church. The weekly offertory ensures our Church can continue to achieve its very important aims and objectives.
The fund balances at the year end were as follows:
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Unrestricted Funds | 63,588 | 57,549 |
| Restricted Funds | 9,398 | 6,869 |
| Total | 72,986 | 64,418 |
Going Concern
The Trustee's are satisfied that the Charity is a going concern and do not know of any uncertainties regarding the organisations ability to continue operating as a going concern.
Reserves Policy
The Church held £64,550 in unrestricted funds at the end of December 2020. It is the trustees intention to hold unrestricted reserves of between 3 and 6 months of operating costs. Where unrestricted funds are held over this amount the turstees will review the financial position of the charity and evaluate were surplus funds are best spent and invested.
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Yardley Baptist Church
Year Ended 31st December 2020
Trustee's Annual Report
Achievement and Performance
The church has undetaken the following activities and work during the year:
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Supported disadvantaged children and families during covid, providing them with food
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Supported various organisations via monthly communion offerings collected and sent to
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Continuous contact and support offered to church goers and members via online Sunday
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Provide local mother and toddler group to the community
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Ongoing regular financial support of three chosen charities
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Providing employment to our minister, cook and cleaner
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Building close church community by hosting lunches, film reels, and quizzes
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Providing a course for new Christians to enable them seeking and delving into their faith more deeply
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Technical support for church goers who were not well acquainted with modern technology
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Dog café – offering drinks, chat and warm welcome to dog walkers in a local park
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Open air services during pandemic
Approved by the Trustees
Veronika Christian Rhoden
Name of Trustee:
Signed on behalf of the Trustees:
Date of approval:
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Yardley Baptist Church
Year Ended 31st December 2020
Independent Examiners Report
I report to the trustees on my examination of the financial statements of Yardley Baptist Church ('the charity') for the year ended 31 December 2020.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
28/10/2021
Nigel Wyatt BSC FCA Independent Examiner 125 Main Street Garforth Leeds LS25 1AF
Date:
5
Yardley Baptist Church
Year Ended 31st December 2020
Statement of Receipts and Payments
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Receipts | |||||
| Donations and legacies | 100,099 | 9,089 | 109,189 | 92,729 | |
| Charitable Activities | 2 | - | 2,558 | 2,558 | 12,498 |
| Investment Income | 43 | - | 43 | 26 | |
| ────────── | ────────── | ────────── | ────────── | ||
| Total Recipts | 100,142 | 11,648 | 111,790 | 105,253 | |
| ────────── | ────────── | ────────── | ────────── | ||
| Payments | |||||
| Payments on charitable activities | 3 | 93,102 | 10,080 | 103,183 | 109,723 |
| ────────── | ────────── | ────────── | ────────── | ||
| Total Payments | 93,102 | 10,080 | 103,183 | 109,723 | |
| ────────── | ────────── | ────────── | ────────── | ||
| ────────── | ────────── | ────────── | ────────── | ||
| Net recipts / (payments) | 7,040 | 1,567 | 8,607 | (4,470) | |
| ────────── | ────────── | ────────── | ────────── | ||
| Net movement in funds (Cash) | |||||
| Total funds (Cash) brought forward | 7 | 55,678 | 8,701 | 64,379 | 68,888 |
| Transfers | 7 | 871 | (871) | - | - |
| ────────── | ────────── | ────────── | ────────── | ||
| Total funds (Cash) carried forward | 7 | 63,588 ────────── |
9,398 ────────── |
72,986 ────────── |
64,418 ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Statement of Assets and Liabulities
As the accounts are prepared on a cash basis and thus there is no formal Balance Sheet or Statement of Financial Position. Insteast a statement of assets and liabuliites is outlined giving an indication of the charity's assets are at the year end.
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Fixed assets | ||
| Tangible Fixed Assets | 5,520 | 3,067 |
| ────────── | ────────── | |
| 5,520 | 3,067 | |
| Current assets | ||
| Cash at Bank and Petty Cash | 72,986 | 64,418 |
| ────────── | ────────── | |
| 72,986 | 64,418 | |
| Liabulities | ||
| HEBA Loan | 3,705 | 6,955 |
| ────────── | ────────── | |
| 3,705 | 6,955 |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
Basis of Preparation
The financial statements have been prepared on a cash basis when recipts and payments take place through the bank account or petty cash.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Fund Accounting
Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often know as a ‘special offering’ in the church.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources and the money has been paid.
Resources expended
Expenditure is recognised on an cash basis when payments have been made through the bank account or by petty cash.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Pensions
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
Operating Leases
Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.
Taxation
The charity Is exempt from tax on its charitable activities.
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
2 Analysis of Recipts
| Analysis of Recipts | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds |
|
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Donations and legacies | |||
| Donations and offerings | 78,648 | 4,895 | 83,543 |
| Gift Aid | 21,198 | 1,364 | 22,563 |
| Special donations | - | - | - |
| Fellowship Fund | - | 1,276 | 1,276 |
| Sundries | - | - | - |
| Bible Notes | 253 | - | 253 |
| Make Lunch | - | 1,554 | 1,554 |
| Tear Fund | - | - | - |
| ────────── | ────────── | ────────── | |
| 100,099 | 9,089 | 109,189 | |
| Charitable Activities | |||
| Boys Brigade | - | 533 | 533 |
| Girls Brigade | - | 249 | 249 |
| Toddlers Group | - | 138 | 138 |
| Welcome Centre | - | 1,639 | 1,639 |
| ────────── | ────────── | ────────── | |
| - | 2,558 | 2,558 | |
| Investment Income | |||
| Interest | 43 | - | 43 |
| ────────── | ────────── | ────────── | |
| 43 | - | 43 | |
| ────────── | ────────── | ────────── | |
| Total Income | 100,142 | 9,089 | 109,232 |
| ────────── | ────────── | ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
2 Analysis of Recipts (Continued)
| Unrestricted | Restricted | Total Funds |
|
|---|---|---|---|
| Funds | Funds | 2019 | |
| £ | £ | £ | |
| Donations and legacies | |||
| Donations and offerings | 87,578 | 87,578 | |
| Gift Aid | 1,850 | 1,850 | |
| Special donations | - | - | - |
| Fellowship Fund | - | 260 | 260 |
| Sundries | - | - | - |
| Bible Notes | 220 | - | 220 |
| Make Lunch | - | 2,821 | 2,821 |
| Tear Fund | - | - | - |
| ────────── | ────────── | ────────── | |
| 87,798 | 4,931 | 92,729 | |
| Charitable Activities | |||
| Boys Brigade | - | 2,378 | 2,378 |
| Girls Brigade | - | 1,065 | 1,065 |
| Toddlers Group | - | 1,834 | 1,834 |
| Welcome Centre | - | 7,221 | 7,221 |
| ────────── | ────────── | ────────── | |
| - | 12,498 | 12,498 | |
| Investment Recipts | |||
| Interest | 26 | - | 26 |
| ────────── | ────────── | ────────── | |
| 26 | - | 26 | |
| ────────── | ────────── | ────────── | |
| Total Recipts | 87,824 | 4,931 | 92,755 |
| ────────── | ────────── | ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
3 Payments on charitable activities
| Payments on charitable activities | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds |
|
| Funds | Funds | 2020 | |
| £ | £ | £ | |
| Accountancy | - | - | |
| Bank charges | 292 | - | 292 |
| Bible notes | 189 | - | 189 |
| Church Costs | 31,703 | - | 31,703 |
| Fellowship fund | - | 521 | 521 |
| Insurance | 2,409 | - | 2,409 |
| Kitchen maintenance programme | 7 | - | 7 |
| Loan Repayments | 3,205 | - | 3,205 |
| Make Lunch | - | 2,281 | 2,281 |
| Manse repair costs | 8,825 | - | 8,825 |
| Ministerial costs | 33,829 | - | 33,829 |
| Missionary grants | 12,643 | 4,855 | 17,498 |
| Sundry expenses | - | - | - |
| ────────── | ────────── | ────────── | |
| 93,102 | 7,657 | 100,760 | |
| Other Activities | |||
| Boys Brigade | - | 583 | 583 |
| Girls Brigade | - | 688 | 688 |
| Toddlers Group | - | 35 | 35 |
| Welcome Centre | - | 1,118 | 1,118 |
| ────────── | ────────── | ────────── | |
| - | 2,423 | 2,423 | |
| ────────── | ────────── | ────────── | |
| 93,102 | 10,080 | 103,183 | |
| ────────── | ────────── | ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
3 Payments on charitable activities (Continued)
| Unrestricted | Restricted | Total Funds |
|
|---|---|---|---|
| Funds | Funds | 2019 | |
| £ | £ | £ | |
| Accountancy | 1,380 | - | 1,380 |
| Bank charges | 312 | - | 312 |
| Bible notes | 338 | - | 338 |
| Church Costs | 38,296 | - | 38,296 |
| Fellowship fund | - | 99 | 99 |
| Insurance | 2,348 | - | 2,348 |
| Kitchen maintenance programme | - | - | - |
| Loan Repayments | - | - | - |
| Make Lunch | - | 1,596 | 1,596 |
| Manse repair costs | 8,483 | - | 8,483 |
| Ministerial costs | 33,306 | - | 33,306 |
| Missionary grants | - | 9,556 | 9,556 |
| Sundry expenses | 1,731 | - | 1,731 |
| ────────── | ────────── | ────────── | |
| 86,194 | 11,251 | 97,445 | |
| Other Activities | |||
| Boys Brigade | - | 2,620 | 2,620 |
| Girls Brigade | - | 1,076 | 1,076 |
| Toddlers Group | - | 2,122 | 2,122 |
| Welcome Centre | - | 6,460 | 6,460 |
| ────────── | ────────── | ────────── | |
| - | 12,278 | 12,278 | |
| ────────── | ────────── | ────────── | |
| 86,194 | 23,529 | 109,723 | |
| ────────── | ────────── | ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
4 Volunteers
The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.
5 Independent examination fees
Fees payable to the independent examiner for:
2020 2019 £ £ Independent examination and preparation of the financial 840 1,380 statements
6 Trustee remuneration, expenses and donations
The Charity does not have an ultimate controlling party as it is controlled jointly by the Board of Trustees.
No Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the Charity during the year.
During the year ended 31 December 2020 Rev Peter Everitt received remuneration of £24,581 (2019: £21,790), pension contributions of £8,706 (2019: £9,418 ) and received the provision of residential accommodation. This was recived for Peter's role as minister and was not for his role as trustee.
Expenses for Trustees undertaking their duties during the year ended 31 December 2019 totalled £3,907 (2019: £986 ). All expenditure was incurred for the day to day running of the church.
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
7 Analysis of Charitable Funds
Unrestricted Funds
| Unrestricted Funds | |||||
|---|---|---|---|---|---|
| 1 Jan 2020 | Income | Expenditure | Transfers 31 Dec 2020 | ||
| £ | £ | £ | £ | £ | |
| Unrestricted | |||||
| General (Unrestricted) | 33,806 | 100,134 | (93,102) | 871 | 41,708 |
| Designated | |||||
| Youth Worker | 21,872 | 8 | - | - | 21,880 |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total Unrestricted | 55,678 | 100,142 | (93,102) | 871 | 63,588 |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| 1 Jan 2020 | Income | Expenditure | Transfers 31 Dec 2020 | ||
| £ | £ | £ | £ | £ | |
| Restricted Funds | |||||
| Fellowship Funds | 161 | 1,559 | (521) | 1,200 | 2,399 |
| Missionary Work | 982 | 5,880 | (4,855) | (171) | 1,836 |
| Make Lunch | 2,968 | 1,652 | (2,281) | - | 2,338 |
| Boys Brigade | 460 | 533 | (583) | - | 410 |
| Girls Brigade | 929 | 249 | (688) | - | 490 |
| Toddlers Group | 422 | 138 | (35) | - | 525 |
| Welcome Centre | 2,779 | 1,639 | (1,118) | (1,900) | 1,400 |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total | 8,701 | 11,648 | (10,080) | (871) | 9,398 |
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total Funds and Cash | |||||
| ────────── | ────────── | ────────── | ────────── | ────────── | |
| Total | 64,379 | 111,790 | (103,183) | - | 72,986 |
| ────────── | ────────── | ────────── | ────────── | ────────── |
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Yardley Baptist Church
Year Ended 31st December 2020
Notes to the Financial Statements
Fund Descriptions
Designated Funds
Youth Worker For the future provision of a youth worker to work within the local community.
Restricted Funds
Missionary Work Specifically for charities homeland and overseas, helping to finance missionary work Make Lunch Provision of weekly free lunches for children during school holidays Boys & Girls Brigade Christian youth organisations which support children and young people to reach their potential by providing opportunities and experiences Toddlers Group For the provision of refreshments, craft and teaching materials for young children Welcome Centre For the purchase of food and utensils to provide hot meals for the elderly
8 Related party transactions
There were no related party transactions which took place during the year (2019: £0)
9 Prior Period Adjustments
Due to prior period errors and the conversion to cash accounting some of the opening fund balances have been adjusted. The material change between the original and the adjusted general fund is due to the conversation to cash accounting.
The following funds have been updated:
| Original | Adjusted | |
|---|---|---|
| 1 Jan 2020 | 1 Jan 2020 | |
| £ | £ | |
| General (Unrestricted) | 21,872 | 33,806 |
| Missionary Work | - | 982 |
| Make Lunch | 2,118 | 2,968 |
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