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|TEM<br>NT0<br>INANCI|AL<br>VITIE<br>Y|ENDING 3|DECEMB|DECEMB|21|||
|---|---|---|---|---|---|---|---|
||||2021||||29200|
|Income & Endowments||Mnrest-<br>Jff|~D~l|~RI|I|Total||
|||f'|6|||||
|Donations<br>&Legacies|25|120,942|0|104,834||225,776|1&2,992|
|Investment<br>Income|26|47|0||0|47|117|
|Charitable<br>Activities|27|45|0||3,457|3,502|2,951|
|Other Income|28|1,196|0||0|1,196|1,619|
|Trading Activities<br>Total Receipts|29|19,077<br>141,307|0<br>0|0<br>108,291||19,077<br>249,598|17,761<br>205,439|
|Expenditure||||||||
|Charitable<br>Activities|13,15|120,157|6,864|42,713||169,734|151,850|
||18-22|||||||
|Total Expenditure||120,157|6,864|42,713||169,734|151,850|
|Net Income/Expenditure<br>forthe year<br>before gains/losses<br>ofFixed Assets||21,150|-6,864|65,578||79,864|53,589|
|Net Gains/Loss<br>on Sale|of Fixed Assets|0|0||0|0||
|Net Income before transfer||21,150|-6,&64||65,578|79,864|53,589|
|Transfer Between Funds||-26,934|9,864||17,070|||
|Net Income before other||||||||
|recognised losses||-5,7&4|3,000||82,64&|79,864|53,589|
|Gains/Losses<br>on Deferred Benefit||||||||
|Pension Scheme|5|29,300|0||0|29,300|1,200|
|Net Movement of Funds||23,516|3,0M||82,648|109,164|54,7&9|
|Reconciliation<br>ofFunds||||||||
|Total Funds brought forward||-44,700|9,500|3&5,562||350,363|295,574|
|Total Funds canted forward||-21,184|12,500|468,210||459,527|350,363|





## 

||||||Note|2021||2~02||
|---|---|---|---|---|---|---|---|---|---|
|~R*FA<br>I||||||||||
|Tangible Fixed Assets|||||23||629,138||640,784|
|Current As88Ls||||||||||
|Bank|||||5|28,719||53,761||
|Baptist Union Corporation|||||7|35,646||10,599||
|Cash|||||8|154||580||
|Prepayments|||||9|6,032||5,760||
|Debtors|||||10|7,271||7,782||
|||||||77,822||78,482||
|CCC t UWSti||||||||||
|Accruals &Creditors|||||11|1,433||1,176||
|Loans falling due|within one year||||12|25,000||35,517||
|||||||26,433||36,693||
|N t current Asse|||||||51,389||41,789|
|Loans falling due after one year|||||12|172,500|172,500|254,410|254,410|
|Net Assets excl|in|Pension Li||ili|||508027||428,163|
|Defined Benefit Pension|||liability||5|48,500||77,800||
|Total Net Assets|||||||459,527||350,363|
|Cdhd F<br>d||||||||||
|Unrestricted||||||-21,184||-44,699||
|Designated||||||12,500||9,500||
|Endowment||||||0||0||
|Restricted||||||468,210||385,562||
|TotalFunds|||||||459,526||350,363|





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## 

|A new<br>depreciation<br>policy was ag|reed by the Tr|ustees<br>in 2019 it isas follows:||
|---|---|---|---|
|Only items with avalue exceeding <br>depreciated.<br>The following rates|61,000 will be <br> of depreciation|included as Capital Expenditure<br>were agreed:|and therefore|
|Keyboard (purchased<br>in 2016)|5years|||
|Chairs<br>in Worship Area|10years|||
|Stacking Chairs|5years|||
|PA If Audio equipment|5years|||



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|The key financial<br>assumptions<br>underlying<br>the valuation<br>were as follows||
|---|---|
|Type ofassumption<br>RPI price inflation assumption<br>CPI price inflation assumption<br>Minimum<br>Pensionable<br>Income increases Adjustment<br>(above CPI)|3.20<br>2.70<br>0.50|
|Pre-retirement<br>assumed<br>investment<br>returns<br>(gift yield plus 1.75%)|2.95|
|Post retirement<br>assumed<br>investment<br>returns<br>(including<br>benefits<br>matched<br>by the insurance<br>policy ) (gift yield plus 0.59fi)<br>Minimum<br>Pensionable<br>Income increases (CPI plus 0.5%)|1.70<br>3.20|
|Deferred pension increased (based on RPI<br>-Pre April 2009|3.20|
|-Post April 2009|2.5|
|Pension increases||
|-Based on RPI with an annual<br>floor of IP/o and annual cap of 5%|2.70|





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## 

## 

|Movement<br>in Balance Sheet|liability||||
|---|---|---|---|---|
|||2021||2020|
||||5|f,|
|Bal b/f||||79000|
|Pension Delicit|||48,500|77,800|
|Movement<br>in Balance Sheet|||29,300|1,200|
|Deficit Payments<br>Due<br>Balance Sheet Liability at year <br>Deficiency Contribution<br>Paid<br>Reduction<br>in Deficit Payments<br>Balance sheet liability at year|start<br>by BU re Covid<br> end||3,746<br>3,746<br>0<br>0|3682<br>2761<br>920<br>0|





|N|t|the Accounts|the Accounts|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2021|29200|
||6Bank||||||||||6|
|||GBC||||||||19,803|45,967|
|||Steps (held in|GBCbank)|||||||243|243|
|||Boys' Brigade||||||||8,584|7,148|
|||Holiday||||||||0|287|
|||Craft||||||||89|116|
|||||||||||28,719|53,761|
||7Baptist Union|||||||||||
|||General Funds|||||||||10,599|
||||||||||||10,599|
||8Cash|||||||||||
|||6BC(Petty Cash)||||||||41|184|
|||STEPS —Cash||||||||7|5|
|||Boys' Brigade||||||||38|219|
|||Lunch<br>Club||||||||16|100|
|||Craft Time||||||||15|46|
|||Flowers||||||||37|26.25|
|||9Prepayments||||||||||
|||Bridge Insurance||Brokers||||||5,494|5,250|
|||Business Stream||||||||24|23|
|||Siemens finance||||||||251|251|
|||Onecom/Plus|Net|||||||39|23|
|||Virgin Media||||||||10|10|
|||Medway<br>Council||||||||215|204|
|||||||||||6,032|5,760|
||10Debtors|||||||||||
|||HMRC||||||||7,271|7,302|
|||West Kent Domiciliary|||Care/Choice|Support||||0|480|
|||||||||||7,271|7,782|
||11Accruals|||||||||||
|||Total —Gas||||||||716|848|
|||SSE||||||||452|196|
|||Vodafone||||||||0|6|
|||Co-operative|Bank -Visa|||||||192|0|
|||Kent County Supplies|||(KCS)|||||73|126|
|||||||||||1,433|1,176|
||12Loans Outstanding|||||||||||
|||Accounts Repayable|||||Baptist|Baptist||2021Total|2020Total|
||||||||Building|Union||||
||||||||Fund|||||
|||Within one year|||||25,000||0|25,000|35,517|
|||After one year|||||162,500||Q|162,500|246,910|
|||Thank you Offering (4|||years at52,500 pa)||||0|10000|~7|
||||||||197,500||0|197,500|289,927|





## 

|13Or&a~hiss io<br>&||||||
|---|---|---|---|---|---|
||||2021||2020|
||Unrestricted|Restricted||Total|Total|
|Brigades||||5|5|
|Opening<br>Balance||0|7,357|7,367|6,414|
|Income||0|2,402|2,402|2,238|
|Gift Aid (under GA in SoFA)||0|225|225|0|
|Expenditure||0|1,372|1372|1,2&6|
|Closing Balance||0|8,622|8,622|7,367|
|Craft Time||||||
|Opening<br>Balance|||162|162|445|
|Income|||903|903|276|
|Expenditure|||911|911|559|
|Transfer of Funds to Gen.|||50|50|0|
|Closing Balance||0|104||162|
|STEPS||||||
|Opening<br>Balance|||248|248|218|
|Income|||75|75|67|
|Expenditure<br>from Cash|||73|73|37|
|Closing Balance||0|250|||
|Lunch Club||||||
|Opening<br>Balance|||100|100|122|
|Income|||46|46|308|
|Expenditure|||130|130|210|
|Transfer to General|||0|0|120|
|Closing Balance||0|16|16||
|Totals||||||
|Opening<br>Balance||0|7,877|7,877|7,200|
|Income||0|3,426|3,426|2,889|
|Gift Aid (under GA in SoFA)|||225|225|0|
|Expenditure||0|2,486|2,486|2,092|
|Transfers<br>Out||0|50|50|120|
|Closing Balance||0|8,992|8,992|7,877|





## 

## 

|Restrict|ed, Designated<br>&Unrestricted|Funds|||||
|---|---|---|---|---|---|---|
|||||2021||5}20|
|||Unrestricted||Restricted|Total|Total|
|||General|signated||||
|||||6|E||
|Land &|Buildings —GBC|0|0|600,000|600,000|600,000|
|Fixtures|&Fittings|0|0|29,138|29,138|40,784|
|General||27,317|0|0|27,317|33,101|
|Pension|Deficit|-48,500|0|0|~,500|-77,800|
|Project|Sensory Room|0|0|140|140|0|
|project|2 (for Loan Repayments)|0|12,500|8,798|21,298|19,659|
|Loans to be Repaid||0|0|-197,500|-197,500|-289,927|
|Flowers||0|0|37|37|26|
|Mission||0|0|50|50|50|
|Christians<br>Against Poverty(CAP)||0|0|12,456|12,456|5,691|
|CAP Smile||0|0|2,484|2,484|1,860|
|Family|Outreach Worker|0|0|2,861|2,861|7,430|
|Church|Family Fund|0|0|317|317|888|
|Holiday||0|0|0|0|287|
|Brunch|Club|0|0|436|436|436|
|Organisations||0|0|8,992|8,992|7I877|
|||-21,183|12,500|468,210|459,527||





## 

## 

|Salaries|and Related E|xpenses|||||
|---|---|---|---|---|---|---|
||||2021|||~220|
|||~UKC@dGt& Desiin.leg||Restricted|Total||
|Salaries||40,689|6,864|12,040|59,593|52,572|
|Furlough|Rebate|-868|0|-2,212|-3,079||
|DBSCheck|||0|0|40|0|
|Sub Contractor||0|0|0|0|1,966|
|Pension|Contributions|5,607|0|0|5,607|5,512|
|Pension|Deficit|3,747|0|0|3,747|2,761|
|Manse Expenses||7,412|0|0|7,412|7,473|
|||56,627|6,&64|9,829|73,319|65,829|





## 

|Loans||2021|2020|
|---|---|---|---|
|||E.|E|
|Baptist Building|Fund Balance b/f|220,000|242,500|
|Thank Offering Gift||2,500|2,500|
|Repayments||-25,000|-25,000|
|Balance of Loan||197,500|220,000|



## 

|to reflect this as|a liability ofE2,500ayear for 10years.|This is currently<br>totalling E7,500.||
|---|---|---|---|
|||2021|2020|
|Baptist Union: Balance b/f||69,927|130,087|
|Interest Accrued|(in SOFA exp)|527|2,784|
|Repayments||-70,453|-62,944|
|Balance of Loan||0.00|69,926.74|



|17Christians|Against|Poverty Expenditure||2021||2020|
|---|---|---|---|---|---|---|
||||geminated|Restricted|~T|Total|
|||||E|E|E|
|75Salary (shown under salaries)|||6,864|2,888|9,752|8,570|
|Fees (shown under||finance fees)|0|39|39|0|
||||6,864|2,927|9,791|8,570|
|Expenses|shown|under CAP|||||
|Contribution|to CAP|HQ|0|6,300|6,300|6,300|
|Smile|||0|1,000|1,000|2313|
||||0|1,287|1,287|9,594|
|Other CAP|Expenditure||0|8,5&7|8,587|18,207|





|No|o||2021|||~20 0|
|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|Total|
|||||E|||
|18Other Activities|||||||
||Children's<br>Church|344||0|344|20|
||Youth Work|106||0|106|0|
||Conferences<br>&Training|5||0|5|200|
||Travel|375||350|725|1,054|
||Visiting Preachers|200||0|200|175|
||Outreach|483||0|483|28|
||Thank You Gifts|78||0|78|100|
|||1,591|0|350|1,941|1,577|
|19Upkeep ofChurch Premises|||||||
||Repairs &Maintenance|19,193|0|0|19,193|7,526|
||Water Rates|158|0|0|158|165|
||Heat & Light|7,822|0|0|7,822|6,186|
||Insurance<br>&Valuation|5,250|0|0|5,250|6,229|
|||32~3|0|0|32,423|20,106|
|20|Administration||||||
||Telephone|373||0|373|513|
||Printing|2,786||0|2,786|2,634|
||Office Supplies|733||0|733|756|
||Publicity|0||0|0|324|
||Finance Fees|729||68|797|741|
||Membership<br>Fees|1,003||0|1,003|890|
|||5,624|0|68|5,692|5,857|
|21Supplies and Services|||||||
||Materials|1,853|0|0|1,853|1,595|
||Small Equipment|1,524|0|0|1,524|2,745|
||Refreshments|279|0|0|279|299|
||Media &Books|701|0|0|701|505|
||Music &Organ|1,537|0|0|1,537|1,120|
||Flowers|0|0|139|139|197|
||Depreciation<br>(Designated)|0|0|11,646|11,646|11,984|
|||5,893|0|11,786|17,679|18,445|





## 

||||||~22||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|22|Grants to Charitable Causes||||||6|
||Home Mission|||5,000|0|5,000|5,000|
||Missionary<br>Aviation|Fellowship||4,800|0|4,800|4,800|
||BMS World Mission|||4,200|600|4,800|4,800|
||BMS World Mission|(Guinebor)||0|900|900|2,075|
||BMS World Mission|(Shrubsoles)||0|625|625|0|
||The Family Trust|||1,200|0|1,200|1,200|
||M &S Newnham<br>(Includes Taxi)|||1,000|300|1,300|1,175|
||Compassion<br>re Wilkenson|||400|30|430|400|
||Tear Fund|||300|2,383|2,683|350|
||Spurgeon's<br>College|||0|0|0|300|
||Medway Gideons|||200|0|200|200|
||SEBA(bread of Life)|||200|0|200|175|
||Release International|||0|0|0|100|
||Open Doors|||0|0|0|100|
||SAT-7 UK|||0|0|0|100|
||Hope Health Action|||100|0|100|0|
||African Pastors Fellowship|||120|0|120|0|
||Leprosy Mission|||180|536|716|0|
||The Children's<br>Society|||100|20|120|0|
||Samaritans<br>Purse|||200|0|200|0|
|||||18,000|5,394|23,394|20,775|
||Donations<br>From Church||Family Fund|0|1,012|1,012|230|





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