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|||Page||
|---|---|---|---|
|Report ofthe Trustees||||
|Independent<br>Examiner's Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|5|to|10|
|Detailed Statement ofFinancial Activities|11|to|12|





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||||||31.3.23|31.3.22|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Building|Total|Total|
|||fund|tunds|Fund|funds|funds|
||Notes||||||
|INCOME AND|||||||
|ENDOWMENTS FROM|||||||
|Donations<br>and legacies||48,804|||48,804|60,634|
|Investment<br>income||25,625||268|25,893|24,672|
|Total||74,429||268|74,697|85,306|
|EXPENDITURE ON|||||||
|Raising funds||24,217|||24,217|7,089|
|Charitable<br>activities|||||||
|Mission support||14,871|||14,871|13,935|
|Church costs||12,893|||12,893|40,399|
|Youth work||142|||142||
|||8,127|||8,127|6,046|
|Total||60,250|||60,250|67,469|
|NET INCOME||14,179|||14,447|17,837|
|RECONCILIATION OF|||||||
|FUNDS|||||||
|Total funds brought forward||47,296|52,164|42,308|141,768|123,931|
|TOTAL FUNDS CARRIED|||||||
|FORWARD||61,475|52,164|42,576|156,215|141,768|





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|Balance Sheet<br>31March 2023|||||||
|---|---|---|---|---|---|---|
||||||31.3.23|31.3.22|
|||Unrestricted|Restricted|Building|Total|Total|
|||fund|funds|Fund|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible assets||(14,556)||54,422|39,866|39,866|
|CURRENT ASSETS|||||||
|Cash at bank||76,451|52,165|1,178|129,794|115,574|
|CREDITORS|||||||
|Amounts<br>falling due within one|||||||
|year||(420)|(1)|(13,024)|(13,445)|(13,672)|
|NET CURRENT ASSETS||76,031|52,164|(11,846)|116,349|101,902|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||61,475|52,164|42,576|156,215|141,768|
|NET ASSETS||61,475|52,164|42,576|156,215|141,768|
|~S|||||||
|Unrestricted<br>funds|||||61,475|47,296|
|Restricted funds|||||94,740|94,472|
|TOTAL FUNDS|||||156,215|141,768|



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|Fixtures|and fittings|25%on cost|
|---|---|---|
|Computer|equipment|25%on cost|



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|INVKSTMKNT INCOM|E|||
|---|---|---|---|
|||31.3.23|31.3.22|
|Rents received||25,625|24,510|
|Deposit account interest||268|162|
|||25,893|24,672|
|RAISING FUNDS||||
|Investment<br>management|costs|||
|||31.3.23|31.3.22|
|Property repatrs||16,129||



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|||Unrestricted|Restricted|Building|Total|
|---|---|---|---|---|---|
|||fund|funds|Fund|funds|
|INCOME AND|ENDOWMENTS FROM|||||
|Donations<br>and legacies||60,634|||60,634|
|Investment<br>income||24,510|162||24,672|
|Total||85,144|162||85,306|
|EXPENDITURE ON||||||
|Raising funds||7,089|||7,089|
|Charitable<br>activities||||||
|Mission support||13,935|||13,935|
|Church costs||40,399|||40,399|
|||6,046|||6,046|
|Total||67,469|||67,469|
|NKT INCOME||17,675|162||17,837|
|Transfers between funds||4,498||(4,498)||
|Net movement|in funds|22,173|162|(4,498}|17,837|





|5.|COMPARATIVKS FOR|THE STATEMENT|THE STATEMENT|OFFINANCIAL ACTIVITIES - continued|OFFINANCIAL ACTIVITIES - continued|OFFINANCIAL ACTIVITIES - continued||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Building|Total|
|||||fund|funds|Fund|funds|
||RECONCILIATION OF|FUNDS||||||
||Total funds brought forward|||25,123|52,002|46,806|123,931|
||TOTAL FUNDS CARRIED FOR%YARD|||47,296|52,164|42,308|141,768|
|6.|TANGIBLE FIXEDASSETS|||||||
|||||Improvements|Fixtures|||
||||Freehold|to|and|Computer||
||||property|property|ettings|equipment|Totals|
|||||K||||
||COST|||||||
||At 1April 2022 and|||||||
||31March 2023||19,320|17,175|83,509|976|120,980|
||DEPRECIATION|||||||
||At 1April 2022 and|||||||
||31March 2023||||80,138||81,114|
||NET BOOKVALUE|||||||
||At 31March 2023||19,320|17,175|3,371||39,866|
||At 31March 2022||19,320|17,175|3,371||39,866|
|7.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||||
|||||||31.3.23|31.3.22|
||Bank loans and overdrafts|(see note|8)|||13,024|13,292|
||Trade creditors|||||1||
||Other creditors|||||420|380|
|||||||13,445|13,672|
|S.|LOANS|||||||
||An analysis ofthe maturity|ofloans|is given belo~:|||||
|||||||31.3.23|31.3.22|
||Amounts<br>falling due within|one year on demand:||||||
||Bank overdrafts|||||13,024|13,292|





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|MOVEMKNT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.4.22|in funds|31.3.23|
|Unrestricted|funds||||||
|General fund||||47,296|14,179|61,475|
|Restricted funds|||||||
|Building Fund||||42,308|268|42,576|
|BWBCNo 2Account||||12,656||12,656|
|Baptist Union|deposit account|||39,508||39,508|
|||||94,472|268|94,740|
|TOTAL FUNDS||||141,768|14,447|156,215|
|Net movement|in funds, included in the above||are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|ill funds|
|Unrestricted|funds||||||
|General fund||||74,429|(60,250)|14,179|
|Restricted funds|||||||
|Building Fund||||268||268|
|TOTAL FUNDS||||74,697|(60,250)|14,447|
|Comparatives|for movement|in funds|||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.21|in funds|funds|31.3.22|
|Unrestricted|funds||||||
|General fund|||25,123|17,675|4,498|47,296|
|Restricted funds|||||||
|Building Fund|||46,806||(4,498)|42,308|
|BWBCNo 2|Account||12,656|||12,656|
|Baptist Union|deposit account||39,346|162||39,508|
||||98,808||(4,498)|94,472|
|TOTAL FUNDS|||123,931|17,837||141,768|





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|||Incolnlng|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|nl funds|
|Unrestricted|funds||||
|General fund||85,144|(67,469)|17,675|
|Restricted funds|||||
|Baptist Union|deposit account|162||162|
|TOTAL FUNDS||85,306|(67,469)|17,837|



||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.4.21|in funds|funds|31.3.23|
|Unrestricted|funds|||||
|General fund||25,123|31,854|4,498|61,475|
|Restricted funds||||||
|Building Fund||46,806|268|(4,498)|42,576|
|B%BCNo 2Account||12,656|||12,656|
|Baptist Union|deposit account|39,346|162||39,508|
|||98,808|430|(4,498)|94,740|
|TOTAL FUNDS||123,931|32,284||156,215|



|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||159,573|(127,719)|31,854|
|Restricted funds|||||
|Building Fund||268||268|
|Baptist Union|deposit account|162||162|
|||430||430|
|TOTAL FUNDS||160,003|(127,719)|32,284|





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|BOREHAMWOOD|BAPTIST CHURCH|BAPTIST CHURCH|||
|---|---|---|---|---|
|Detailed Statement|ofFinancial Activities||||
|for the Year Ended|31March 2023||||
||||31.3.23|31.3.22|
|INCOME AM) EM)0%'MENTS|||||
|Donations and legacies|||||
|Gifts|||25,921|29,334|
|Donations||||2,000|
|Gift aid|||4,034|11,300|
|Sundry income|||53||
|Manse rent|||18,796|18,000|
||||48,804|60,634|
|Investment<br>income|||||
|Rents received|||25,625|24,510|
|Deposit account interest|||268|162|
||||25,893|24,672|
|Total incommg resources|||74,697|85,306|
|EXPEM)ITURE|||||
|Raising donations|and legacies||||
|Utility services|||8,088|7,089|
|Investment<br>management||costs|||
|Property repairs|||16,129||
|Charitable<br>activities|||||
|Missions 4hospitality|||8,653|8,310|
|Manse expenses|||4,800|3,037|
|Church fabric expenses|||11,920|33,503|
|Youth activities|||(200}||
|Outreach|||73|16|
|Children|||412|56|
||||25,658|44,922|
|Other|||||
|Sundry expenses|||689||
|Support costs|||||
|Management|||||
|Insurance|||1,956|1,864|
|Subscriptions|||502|241|
|Evangelical<br>Alliance|||90|90|
|Licence|||1,002|796|
||||3,550|2,991|
|Finance|||||
|Bank charges|||254|151|
|Carried forward|||254|151|





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|for the Year En|ded 31March 2023|||
|---|---|---|---|
|||31.3.23|31.3.22|
|finance||||
|Brought forward||254|151|
|Fixtures and fittings|||6,330|
||||6,481|
|Governance|costs|||
|Pensions||1,507|3,976|
|Other ministry|expenses|3,955|1,533|
|Accountancy||420|380|
|||5,882|5,889|
|Total resources|expended|60,250|67,469|
|Net income||14,447|17,837|



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