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|Table ofContents||||||||
|---|---|---|---|---|---|---|---|
|Annual<br>Repoia 2022 .||||||||
|Aim and Purposes. ...||||||||
|Oblertives<br>and Artivities||.||||||
|At hievements<br>anti Veifomtanr|||p .|||||
|International<br>Minim@||||||||
|Safeguarding<br>..||||||||
|Children<br>and Youth..||||||||
|Disopleship||||||||
|Fellowship||||||||
|Reaching Out||||||..8||
|Sooal Acuon .|||||||.10|
|Future<br>Plans .....|||||||13|
|External<br>Links...||||||.13||
|Premises.||||||||
|Church<br>Membership.||||||.14||
|Staff and Vol unteers. .||||||.|15|
|Structure,<br>Governance|and Management.|||..|...15|||
|Administrative<br>Infoirmanon|||||||15|
|Trustees<br>Responsibilrees.||.|||||15|
|Trustees||||||.17||
|Financial overnew.<br>...||||||..IB||
|Wor i&place Pensions|||||||..19|
|Audit Report|||||.|..21||
|Annual<br>Accounts|||||||.24|





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|St|a|tement|of Finan|cial A|ctivities for the per|iod from 01|January<br>202|2 to 31Dece|mber 2022||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Designated|Restricted|Total|Prior year|
|||||||funds|funds|funds|funds|total funds|
|Income and endowments|||from:||||||||
|Donations|and legeoes||||Note 3|289,785|118,949|759,389|1,168,124|473,697|
|Investments||- bank|interest|||1,906|||1 906|2214|
|Total income||||||291,692|118,949|759389|1,170,030|475,911|
|Cxpenditure<br>on:|||||||||||
|Fx enditure||nn rhantable<br>arbvhles|||Note 4|261 875|185112|700,913|1,147,809|'IQ6 Q04|
|Total e<br>enditure||||||261,875|185,112|700.913|1,147,899|396,904|
|Net Income /(expenditure)|||resources|before|transfer|29,817|(66,163)|58,476|22,131|79,008|
|Transfers|||||||||||
|Gross transfers<br>between|||funds - in|||59|105,280||105,347|122,975|
|Gross transfers<br>between|||funds - out|||(79.228)|(1,119)|(25.000)|(105,347)|(122.975)|
|Other recognised||gains|Ilosses||||||||
|Gains on fixed assets and|||loans|||1,053,077|(62,536)||990539|2,573.882|
|Net movement<br>in|funds|||||1,003.725|(24.532)|33.476|1,012,670|2,652,890|
|Reconcl get(on of||funds|||||||||
|Total funds<br>brought||forward|||||||||
||||||Notes 158 16|3,039,803|(75,007)||2,964.797|311,907|
|Total funds cerned||forward|||||||||
||||||Notes 158 16|4,043,528|(99,538)|33,476|3,977,466|2,964,797|





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||||||Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||6|5|
|Fixed assets.|||||||
|Tangible assets|||Note|10|4262 927|3 261 175|
|Total Fixed assets|||||4,262,927|3,261,175|
|(. Ul I alit assets|||||||
|Dobtors|||Noie|1<br>1|l9,200|690|
|Cash and cash equivalents|||Note|12|427,308|377,871|
|Total Current assets|||||446,508|378,561|
|Liabiisres'|||||||
|Creditors<br>falling due within||one year|Note|13|62 953||
|Net Current assets/(liabilities)|||||383,555|378,561|
|Total assets less current||liabilities|||4,646,481|3,639,736|
|Creditors<br>falhng due after||more than one year|Note|14|669015|674939|
|Total net assets|||||3,977466|2,964,797|
|Tlis fuiids of ilia cliarlly:|||||||
|Unrestncted<br>funds|||Note|15|4,043,528|3,039,803|
|Designated<br>funds<br>Restricted<br>funds|||Note <br>Note|16<br> 17|(99,538)<br>33,476|(75,007)|
|Total charity funds|||||3,977466|2,964797|
|Approved<br>e|rusts|on ..~.%.~.....~.............8rYtt <br>~a~ go~~|||signed on their|behalf by|






## 

|||||2022|2021|
|---|---|---|---|---|---|
||||||F|
|Net income/(expenditure)||for 2022||||
|(as per the financial|statements)|||961,345|2,652,890|
|Depreciation<br>charges||||51,325|5l,325|
|(Ini:reuse)/de(:icosa|iii|fixed assets||(1,001,752)|(3,312,500)|
|(Increase)/decrease|in|debtors||(18,511)|612|
|Increase/(decrease)|in|creditors||57,030|674,939|
|Net cash provided|by operating||activities|49,437|67,266|





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||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|3|Income from Don|atio|ns|and Legacies|||||||||
|||||||||Unrestricted|Designated|Restricted|Total 2022|Total 2021|
|||||||||6|f|||6|
||Regular Offerings|||||||222.057|51,892||273.950|233,160|
||Donations|||||||14,881|14,508||29390|39,256|
||Leqacies||||||||7,975||7,975||
||Donabons/Grants|fur 'Tire||Bndgs'|||||29.559||/88,948|122,063|
||Gift Ad Ilccrvereble|||||||46.I68|I5,0I5||51.180|/I, /68|
||Receipts for Use of Church||||Centre|||6,681|||6.681|5,141|
||HMRC (Work Retention Scheme)|||||||||||2 310|
|||||||||289.785|118949|749mae|1,168.124|473.697|
||2021 lotals by lype|of fund||||||273 847|199850|||473 697|
|4,|Expenditure<br>on Charitable||||Activities||||||||
|||||||||Unrestricted<br>f|Designated<br>6|Restricted|Total 2022<br>6|Total 2021<br>6|
||Premises|||||||51.535|70.348|700,913|822,796|92.031|
||Depreaation|||||||61 326|||51.325|61,326|
||Interest Payablo|||||||9.653|21,/6'||3I.410|1562 I|
||Ministry<br>& Outreach|||||||131.940|15.153||147.0O3|142,310|
||Mmistry Support|||||||16,021|||16021|5,531|
||Mission Crants||||||Nole 5|I 401|77 846||79247|90.186|
|||||||||261,675|185,112|700.913|1.147.899|396.904|
||2021 totals by type|of fund||||||238225|152296|6 382||396904|
|5.|Grants for Mission||||||||||||
|||||||||Unrestricted<br>6|Designated<br>6|Restricted<br>f|Total 2022<br>6|Total 2021<br>f|
||National<br>Mission||||||||||||
||—Baptist Home Mission||||||||11,800||1i.800|11,500|
||- Holiday<br>Bible Week||||||||3,371||3.371|73|
||-Storl Valley Schools Trust||||||||2,150||2.150|2 720|
||-Bishop's Stortford|Food Bank||||||1.000|||1,000|2,313|
||- Others|||||||401|2000||2 401|247|
|||||||||1 401|19,321||20,721|16852|
||2021 totals by type of||fund|||||619|16233|||16852|
||World Mission||||||||||||
||- BMS Workf Mesion||||||||17,831||17.831|16,955|
||-European<br>Chnstian<br>Mission (R & C Smith)||||||||11,351||11,351|10,105|
||-Samaritan<br>Hospital (E & C||||Singirankabo)||||8,196||8,196|8,168|
||- Eastern<br>Europe Mission Work (E 8,P Reed)||||||||4.316||4,316|3,803|
||- Operation<br>Agn|||||||||||576|
||-Tear Fund|||||||||||740|
||||||||||41,694||41.694|40.346|
||2021 totals by type of||fund||||||40346|||40346|
||Other Mission||||||||||||
||-Compassion<br>UK (Rvmnda||||School Proiect)|||||||32.988|
||- Support<br>for Ukrainian||Churches|||and|Families||16831||16831||
||||||||||16,831||16.831|32,988|
||2021 totals by type of||fund||||||26 607|6 382||32.988|
||Total|||||||1,401|77.846||79.247|90.186|
||2021 totals by type|of fund||||||619|83,185|6.382||90,186|
|||||||||||||29|





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|Staff Numbers|Staff Numbers|||2022|2021|
|---|---|---|---|---|---|
|||||Number|Number|
|Average|Number|of Employees||||
|Ministers||||2|2|
|Youth Worker||||0|0.4|
|Church|Centre Manager|||1|1|
|Church|Publicist|and Church|Bookkeeper|0.6|0.3|
|Cleaner||||0.4|OM|
||||||4.1|



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|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|10.|Tangible fixed||assets|||||||||||
||||||||||||Freehold|Freehold||
||||||||||||Land|Buildings|Total|
||||||||||||6|5|6|
||Cost|||||||||||||
||at 1 January|2022|||||||||746,250|2.566,250|3.312,500|
||Disposals|||||||||||||
||Revaluabonc|||||||||||||
||Arlditions|||||||||||1.053,077|1.053077|
||||||||||||746 250|3619.327|4365577|
||Depreciation|||||||||||||
||el 31 December||2021|||||||||51,425|51.325|
||Oisposalc|||||||||||||
||Addibons|||||||||||||
||Charge for the year|||||||||||51 325|51 325|
|||||||||||||102650|102650|
||Net book value|||||||||||||
||et 31 December||2022|||||||||||
||at 31 December||2021||||||||746,250|2 514,925|3.261 175|
|I I,|Deblois|||||||||||||
|||||||||||||2022|2021|
||||||||||||||5|
||Other Debtors|||||||||||6,982|690|
||Income Tax Recoverable|||||||||||12,218||
|||||||||||||19200|690|
|12,|Cash and Cash||Equivalents|||||||||||
|||||||||||||2022|2021|
|||||||||||||L|6|
||Bank Accounts|||||||||||427,110|377,582|
||Cash in Hand|||||||||||198|289|
|||||||||||||427.308|377,871|
|13.|Creditors: amounts|||falling due within one||year||||||||
|||||||||||||2022<br>6|2021f|
||Accruals|||||||||||62.953||
|||||||||||||62 953||
|14.|Creditors: amounts|||falling due after|one year|||||||||
|||||||||||||2022|2021|
|||||||||||||5|6|
||Bapbst Union|Loan for Church Centre|||& 'The|Bridge'||||||456,474|453.271|
||Baptist Union|Loan for Manse 2(14 Cavell Court)||||||||||212,542|221 668|
|||||||||||||669015|674.939|
|15.|Unrestricted|Funds||||||||||||
||||||Balance||||Movement|||Gains and|Balance|
||||||1.1.22<br>f||Incoming<br>6|||Outqoing|Transfers<br>8|losses<br>6|31.12.22<br>F.|
||General<br>Fund|||||296|272.912|||(200,897)|(79.169)||(6,857)|
||Manse 2 Loan|Fund|||(221,668)|||18,780||(9.653)|||(212.542)|
||Tangible<br>Fixed Assets||||3 261|175||||51 325||1 053.077|4 262 927|
||||||3,039.803||291,692|||(261,875)|(79.169)|1,053,077|4,043528|
||Gains and losses||reflects the addisonal||fared|asset created||by|'The|Sndge' redevelopment.||||





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|15.|Designated|Funds|Funds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Balance|Movement||||Gains and|Balance|
||||||1.1.22<br>6|Incommg<br>f|Outgoing<br>f||Transfers<br>f|losses<br>6|31.12.22<br>E|
||General Reserve||||150,105||||296||I50,401|
||The Bridge'|Redevelopment||Fund|117,468|34,741||(64,918)|||87,292|
||Church Contre Loan Fund||||(463,271)|30,480||(21,766)|60.620|(62.638)|(466H74)|
||Legacies||||36,642|7.976||(3,104)|(800)||39,713|
||Capital Reserve||||20,572|||(5,160)|||15,412|
||Communion|Fund|||18,227|739||(6,790)|(500)||11,676|
||Ctrurr1r Centre Fll-Oui Fund||||11,662||||||11,002|
||Special Proiects Fund||||11696|1.650|||800||14,146|
||Others||||12,891|53728||98429|53.253||21,443|
||||||(75006)|118,949|(185,112)||104,169|(62.538)|(99,538)|
||Gains and|losses|reflects additional||loan received from|the Baptist|Union|for The|Bndge' redevelopment|||
|16|Restricted|Funds||||||||||
||||||Balance|Movement||||Gains and|Balance|
||||||1.1.22|Incoming|Outgoing||Transfers|losses|31.1222|
||||||6|||6|6|6|6|
||Grants<br>Iur|'Tho Bridge'||||||||||
||Hallingbury|Free Church Trust||||750,000|(693,122)||(25.000)||31,878|
||Herts Communny||Foundation|||5,000||(3,402)|||1,598|
||East Herts|District|Counal|||4,389||4.389||||
|||||||759,389|(700,913)||(25,000)||33.476|



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||S|tateme|nt|ofFinancial Activitie|s for the period fro|m 01 January|2022 to 31|December 2022|December 2022|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Designated|Restricted|Total||Prior|year|
||||||fuiids|funds|funds|funds||total funds||
|INCOME<br>& EXPENDITURE|||||E|E|E|E||||
|Income from:||||||||||||
|Donasons<br>and legaoes||||||||||||
|- Regular Offenngs|||||222 057|51 892|||273 860||233 160|
|- Donations|||||14881|14.5D8|||29.390||39256|
|Lcgocmc||||||7 076|||7.075|||
|- Drmasnns/Grants||fnr The|pndge'||||Tso 3&n||788 li48||122063|
|- Gift Ard Recoverable|||||se tee|1501|||G1,180||71 768|
|-Receipts for Use|ofChurch|||Centre|6681||||6681||5 141|
|-HMRC (Work Retention Schema)|||||||||||7 110|
|Invoatmonls||||||||||||
|- Dark interest|||||I 90G||||1 906||2 214|
|Total|||||291 692|118949|759389|1|170030||475 911|
|Expendituro<br>on:||||||||||||
|Chantable<br>adivibes||||||||||||
|Prem ses|||||51,535|70 348|700,913||822,796||92 031|
|Deprerxatmn|||||51,325||||51.325||51 325|
|Interest Payable|||||9 653|21 765|||31,418||15521|
|hlinistry<br>&Outreach|||||131,940|15 153|||147093||142310|
|henistry<br>Support|||||16.021||||16,D21||5 531|
|hlission<br>Grants||||||||||||
|-Nabonal<br>Mission|||||1401|19321|||20,721||16852|
|-World Missmn||||||41 694|||41,694||40 346|
|- Other Mission||||||le ssi|||16831||32 988|
|Total|||||261 875|185112|7DD 913|1|147899||396904|
|Net income/(expenditure)|||||29,817|(66 163)|58.476||22 131||79008|
|Transfers<br>beliveen|funds||||(79,169)|104 169|(25 DDD)|||||
||||||(49,352)|38D06|33476||22,131||79008|
|Ga ntr (lcaaea) On fixac aaseta and loans|||||1,D53,077|(6253!!)||990,539||2.573,882||
|Net Movement<br>in Funds|||||1.003,725|(24 532)|33.476|1 012.670||2.652 890||
|Total funds brought|forward||at|31 12 21|3.039803|1 5007)||2 964 797||311 907||
|Total funds carried||forward|at 31.12.22||4,043,528|(99,538)|33,476|3,977,466||2,964,797||
|Balance Sheet as||at 31|December 2022|||||||||
|||||||||2022||2021||
|||||||||6||E||
|Fixed Assets||||||||||||
|Tangible|f|xed assets||||||4 262.927||3261 175||
|Current Assets||||||||||||
|Deb!ore|||||||||19.200||690|
|Cash and||cash eqtnvalents||||||427 'i08||377!171||
|Llabgiges||||||||||||
|Amounts<br>felling|due within|||one year|||||62,953|||
|Net Current assets||||||||383555||378561||
|Total assets lass current||||gabigtles||||4 646481||3639736||
|Amounts<br>fagmg|due after|||more than one year||||669015||674 939||
|Total Net Assets||||||||3,977,466||2,964,797||
|Funds:||||||||||||
|Unrestncted||||||||4 043,528||3,039803||
|Designated|||||||||(99538)||(75007l|
|Restncted|||||||||33476|||
|||||||||3,9T7,466||2,964,797||