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2022-12-31-accounts

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Description of the charity's trusts
Type ofgoverning
document		 NSBC is governed
by a constitution
that was ratified by members
on 1"
December 2016
How the charity is constituted The charity is constituted as a Charitable
Incorporated
Organisation
(CIO).
Trustee selection methods As outlined
in the constitution,
trustees are appointed
from those in
designated
leadership
roles in the Church.
Additional governance
issues (Optional
information)
You may choose to include
additional
information,
where
relevant,
about:		 Governance
Trustee meetings
continued
throughout
the year and took place over
Zoom (video conferencing
platform).
The trustees
met formally on four
occasions during 2022 to review the operation ofthe CIO, review the
~ policies and procedures financial
position and consider risks and strategic priorities.
All meetings
adopted for the induction and were documented.
training ofTrustees;
~ the charity's
structure
and
network
with		 organisational
any wider
which the charity		 All trustees
have read and understand
the responsibilities
oftrustees as
detailed
in the charity commission
guidance.
htt
s://www.
ov.uk/
uidance/charit
-Trustee-whats-involved
(CC3a)
works; There were two new appointed
trustees
during 2022: BobSeals and
~ relationship
with any related		 Rebecca Davison
~ parties;
Trustees' consideration
of
major risks and the system
and procedures
to manage
them.		 The trustees are satisfied that all financial transactions
were appropriately
approved
by designated
trustees.
There was regular and transparent
financial
reporting,
and the trustees are also satisfied that appropriate
controls and reporting
is in place.
Trustees who are also employees
ofthe CIO were excluded from all
discussion
relating to remuneration
and where
itwas considered
that there
may be a conflict of interest
in any discussions
ofthe trustees.
An Annual
General
Meeting ofmembers
took place on 25~ March 2023 at
which this report was shared.
Key changes
While there was no longer any restriction
in 2022 for meeting
in person
(following the Covid-19 pandemic)
we continued
to live stream the Sunday
morning
weekly service during 2022. We have seen in person attendance
at this service increase steadily over 2022 with attendance
now well in
excess ofpre-pandemic
levels, with around 170persons
in regular
attendance
and an average of20 connections
on live stream at the time of
the service and an average ofaround 100views of each service overall.
In 2022, according to YouTube analytics,
there were 8,200 views ofthe
various videos on our site. This has broadened
the reach ofNSBC, and
we estimate that over 200 people continue to connect weekly with the
Sunday Service ministry we provide.
We have seen around 25%growth
ofnew attendees
joining us in person
(nearly 30 individuals),
including
several who became members
in 2022.
The purposes
ofthe Church are:
1. the advancement
ofthe Christian
faith in accordance
with the
Basis of Faith, primarily,
but not exclusively,
within Swindon
and
the surrounding
neighbourhood;
and
Summary ofthe objects ofthe
charity set out in its
governing
document		 2.
such other charitable
purposes as shall,
in the opinion ofthe
charity trustees,
put into practice the Christian
faith in accordance
with the Basis of Faith,
provided
that the advancement
ofsuch purposes
must be undertaken
in
a manner
that is consistent
with the Doctrinal
Distinctives
and Ethical
Statements as may be adopted and amended
by the Church from time		 to
time in accordance
with the provisions
ofthe Church
Handbook.
Summary
ofthe main
achievements
ofthe charity		 Summary
ofthe main
achievements
ofthe charity		 Summary
ofthe main
achievements
ofthe charity		 Summary
ofthe main
achievements
ofthe charity		 Through the activities of North Swindon
Baptist Church
during the last
year the Trust has impacted
hundreds
ofpeople
in our local community:
during the year Each Sunday an estimated 200+ people are connecting
weekly
with NSBC through
in-person
meetings
that have also been live-
streamed.
Young people meet regularly
through
our youth activities online
and in person.
This has seen return
to numbers
similar to those
experienced
before Covid-19.
Members ofthe church have practically
and financially
supported
a wide range of local needs including
significant
volunteering
commitment
to the Swindon
Night Shelter which
is impacting
more and more people
in the wider Swindon
community.
We continue
to review our safeguarding
arrangements
and keep
a healthy emphasis
on the importance
ofthis.
Regular trustee's
meetings
continued
and there was good
reporting,
financial
control, and transparency.
In addition
to the above we have been able to relaunch
existing
meetings
or launch
new initiatives
in 2022 including:
Men's and women's
breakfasts
Ladies' evening
social events
Ladies' weekly Bible study
A summer
fun day open to the community
with over 130in
attendance
A holiday club in October at which around 75 children
attended
over 3days.
A Testimony
evening
open to all in the community.
Brief statement ofthe Total income for year was f106,798which represents
a 32%increase on
last year and is refiective ofthe growth ofthe Church
during 2022.
charity's policy on reserves
NSBC provided a total of612,000 in 2022 to continue
to support our
church
plant at Cornerstone
church.
It is envisaged
that this will drop to
f6,000for 2023, after which Cornerstone
Church
will be financially
self-
sufficient.
The total assets for the Trust in Jan 2022 was f16,332and this was
increased to E29,380 by Dec2022. This was better than expected and
the Trustees are encouraged
by this improvement
against budget.
The Trustees have agreed that a reserve policy off10,000 should be
maintained
to ensure
all obligations
can be met in the unlikely event that
insufficient
funds are available
to continue
the current ministries.
The primary
expenditure
for NSBC is payroll and the Trustees consider
that the new reserve
minimum
goal plus the regular
monthly
gifts will be
sufficient to meet our obligations as an employer.
The Trustees
will review the income. expenditure
and reserves
on a
quarterly
basis to ensure that the CIO can continue to meet its financial
obligations.
Details ofany funds Details ofany funds materially There is currently
no debt or long-term
financial
obligations
except		 staff
in deficit costs.
Further financial
review details		 (Optional
information)
You may choose to
additional
information,
relevant about:		 include
where		 The primarily
sources of funding
are charitable
gifts from members
ofthe
church.
Giving is normally
through
regular donations
on a monthly
basis
and in addition
there are larger gifts that are made to support specific
goals and objectives agreed
with members.
~ the charity's
principal
sources offunds (including North Swindon
Baptist Church does not actively engage
in public fund
any fundraising); raising and does not normally
charge for community
events and
how expenditure
has
supported
the key objectives		 programmes.
Where charges are made, they are ofa minimal
amount to
cover incremental
costs being incurred,
such as room hire or food.
ofthe charity; All expenditure
is closely aligned to the charitable
objects ofthe Trust
~ investment
policy		 and and is reviewed
on a quarterly
basis.
objectives
including
any
ethical investment policy NSBC does not make long term financial
investments
and all funds		 are
adopted. held
in accounts that are accessible
within 30days.
It is not the objective
ofthe Trustees to accumulate
a large reserve.
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North Swtndon Swtndon Baptist Church Baptist Church Baptist Church Citao'.y No
(if any) 1170918
Annual accounts for the erlod CC17a
Period end
Period start date 01/01/2022 To de'le 31/12/2022
Restricted
Recommended
categories by activity		 Details ofown
analysis		 sloZ Unrestricted
funds		 income
funds		 Endowment
funds		 Total this
year		 Total last
year
E E
Incoming resources (Note 3) F01 F02 F03 F04 F05
Incoming resources from
generated
funds
Voluntary
income		 92,702 14047 106,749 80,668
Acgvities for gensraung
funds		 S02
Investmsn t income S03 19 18.71
Incoming teeources from
charitable activities S04
Other incoming resources S05
Total incoming resources sod 92721 14,047 106,768 80,677
Resources expended (Notes 4-8)
Costs ofGenerating
Funds
Costs ofgsnsisting
volunlsiy
Indoors S07
Fundrsising
trading costs		 308
Investment
management
costs		 Sog
Charitable
activities		 310 80,142 11,985 92,128 86,498
Governance
costs		 311 1,592 1,592 836
Other resources expended S12
Total resources expended 313 81,735 11,985 93,720 87,334
Net incoming/(mrtgofng) msources before
tmnsf8rs		 314 10,986 2,061 13,048 - 6,657
Gross transfers
between funds		 Std 10 10
Net incoming/(outgoing)
resources before
other recogn/sed
gains/(losses)		 std 10976 2,071 13,048 - 6,657
Other recognised
gains/(losses)
Gains and losses on revaluation offixed assets
for the charily's
owh use		 S17
Gains and losses on investment assets SI0
Net movement in funds st0 10,976 2071 13,048 - 6,657
Total funds brought forward 320 16,332 16,332 22,989
Total funds carried forward 321 27,308 2,071 29,380 16,332
Restricted
Unrestricted income Endowment Total this Total last
z funds funds funds year year
E E E E 8
Fixed assets F01 F02 F03 F04 F05
Tangible assets (Note 9) 801
(Note 10)
Total Fared assets
Current assets
Stock and work in progress 605
Debtors (Note 11) 1,123 1,123 2,245
(Short term) investments 807
Cash at bank and in hand 608 7,658 3, 1 14, 1
Total current assets , 4 7, 55
Creditors: amounts falling due within
one year
(Note 12)		 810 2,762 2,762 823
Net cunsnt assets/(liabilities) 8« ,3 1
Total assets /ess current liabilities 612 ,0 9 3,361 29,380 16,332
Creditors: amounts falling due after
one year (Note 12) 613
Provisions for liabilides and charges
Net assets
Funds ofthe Charity		 614
815		 2,01,361 16,332
Unrestricted
funds		 815 27,308 2,071 29,380 16,332
817
Restricted income funds (Note 13) 818
Endowment
tunds		 (Note 13) 819
Total funds 820 27,308,071 29,3 0 1,332
7, 308,0 71
29,3 0		 1,332
i store Print Name Date of
6
royal
Fraser Kay 7P/off'
f(.~i( [n)S()k)

Note 2 Accounting
poiiciee		 Accounting
poiiciee
This standard
lief ofaccounbnp		 policies hss been applied by the chsnity except for Nose deleted.
Whenl a different or
adtpffonal policy has been adophxf then th/8 Is data//ed
In Ne box below.
INCOMING RESOURCES
Recogniuon of incoming These are indudsd
in the Statement
ofFinancial Acbvifies (SoFA) when.
the chantv becomes entifisd to the resources;
~
the trustees are virtually
certain they wHI receive the		 resources,
snd
~
the monetarv
value can be measured
with suffldent		 rellabllltv.
incoming resources with Where incoming resources
have related expenditure
(ss		 with fundraising
or contract income)
related expenditure the incoming
resources and related expenditure
are reported gross in the SoFA
Grants and dnatlons Grants and donabons
are only induded
in tha SoFA when the charity has uncondrbonal
enfifiement
to the resources.
Tsx reclaims on donsuons Incoming
resources from tax reclaims are induded
in the		 SoFA at the same time as the gilt to
and gifts which they relate.
Contractual Income and This rs only induded
rn the SoFA once the related goods		 or services have been delivered.
psffonnsnc8 fslatsd granul
Gifts In kind Gifts in kind are accounted
for at a reasonable
estimate oftheir value to the charity or the
amount
actually realised.
Gifts in kind for sale or distribution
are Induded
in the accounts as gifts only when sold or
distnbuted
by ths chanty
Gifts in kind for use by the charity are induded
in the SoFA as incoming resources when
receivable
Donated servkes and These are only rndudsd n incoming
resources
(with an equivalent
amount n resources
faclllfies expended)
where the benefit to the charity is reasonably		 quantifiable,
measurable
and materia.
The value placed on these resources
rs the esbmated
value to the charity ofthe service		 or
faolity received
Volunteer
help		 Ths value of any voluntary
help rscewsd
is not induded
tfust888' annual
rspoft.		 in the accounts
but is described		 n the
Investment Income This is induded
in the accounts when recewable.
Investment gains and losses This indudes
sny gain or loss on the sale ofinvestments		 and any gain or kxfs resuking from
revaluing
investments
to market value at the end ofthe year.
EXPENDITURE AND LIABILITIES
Liability recognltkm Liabfirbss are recogmsed as soon as there is a legal or constructive
obligation
commttfing
the
dtanty to pay out resources.
Governance costs Indude costs ofthe prsparabon
and examinsbon
ofstatutory
accounts, the costs oftrustee
meebngs
and cost ofany legal advice to trustees
on governance
orco stitutional
mafiers.
Grants with perfonnance Where the charity gives a grant with conditions
for rts payment
being a specific level ofservice
conditions or output to be provided,
such grants are only recognised		 in the SoFA once the recipxfnt ofthe
grant has provided
the specified service or output
Grants payable without These are only recognised
in the accounts when 8commitment
has been made and there are
performance condiuons no conditions
to bs met relatng to the grant which remain		 in the control ofthe charity
Support Costs Support costs indude central functions
and have been afiocated to activity cost categories on 8
basis consistent
wth the use of resources, eg allocating		 property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for use These are csprtatrssd
8they can be used for more than one year, and cost at least f500. They
by charity
In~		 are valued at cost or a reasonable
value on receipt.
Investments
quoted on a recognised stock exchange are		 valued st market vaNe st the year
end. Other investment
assets ars induded
at trustees'
best estimate ofmarket value.
Stocks snd work In progress These are valued st the lower of cost or market value.
POUCIES ADOPTED
ADDITIONAL To OR
DIFFERENT FROM THOSE
ABOVE
Incoming resources may be fu rther analyssd ifthis would help the reader ofthe accounts.
Analysis This year
f		 Last year
f
Voluntary income Unrestricted:
Gifts and Tithes		 75,098 70,023
Gift Aid Claim 17,605 10,445
Restricted:
Gifts indudin Gift Aid 3,355
Ukraine
Fund		 10,892
Total 106,749 80,688
Activities for generating funds
Total
Investment income Bank Interest 19
Total 19
Incoming resources from
charitable activtdes
Total
Note 4 Analysis ofresources expended Analysis ofresources expended Analysis ofresources expended Analysis ofresources expended Analysis ofresources expended
Resources expended may be further analysed ifthis would help the reader ofthe accounts.
This year Last year
Ana is E E
Costs ofgenerating
voluntary income
Total
Fundraising trading
costs
Total
Investment
management coals
Total
Charitable activities Unresbicted:
Staff Costs 42056 44233
Missions
&Su		 rt 18425 30450
Administration 5,524 4,341
Outreach
&Services		 14138 7274
Restricted:
Gifts & au rt 3,125 200
Ukraine
Fund		 8,860
Total 92,128 86,497
Governance costs Insurance 436
Inde
ndent		 Examination 450 400
Accountan su ri 700
Total 1,592 836
Note 6 Support Costs Support Costs
Please complete this note ifthe charity has analysed its expenses using activity categones and has
supportcosts.
Fundmieing aclivily Charitable Activity Governance Activity Tolal Cost
Su
ort cost		 E E E
Total
Note 6 Details of certain items of expenditure
6.1 Trustee expenses
Please provide details ofthe amount ofany payment orreimbursement
ofout-of pocket expenses made
to tmsteas orto thl/d parties forexpenses incunsd by trustees.
Ifno expenses were paid,
please enter 'None'in the appmpriate
box(es).
This year Last year
Number oftrustees who warn paid expenses
Pastoral Expenses Pastoral Expenses
Nature ofthe expenses
Total amount
paid		 1,713 1,073
services pr
appropriate		 ovided by yo
boxfes).		 ur indepe ndent
exami		 ner orau ditor.
Ifnoth		 ing was paid please enter NONE i
This year Last year
E E
independent examiner's orauditors' fees for reporting on the
accounts 450 400
Other fees gor example: advice, consultancy, accountancy
services) paid to the independent examiner orauditor 700 None

le activi
grants		 ties undert aken.
Grants to Grants to
institutions individuals
Purpose for which rants made Total amount R Total amount R
Total

ions
s		 u
orted.
Total amount of
Names ofinstitutions Purpose rants aldE
Total grants to institutions
Note 9 Tangible Tangible fixed assets
Please complete this noteifthe charity hes any tangible tbred assets
9.1Cost or valuation
Freehold land Other land a I lent, Fixtures, Payments on Total
a buildings buildings machinery
snd motor		 fitangs snd
ertulpmsllt		 sccountsnd
sssels under
vehicles construction
Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance canted
forward
9.2Accumulated depreciation and impairment provisions
Basis SLorRB SLorRB SL SLor RB SLor RB
Rate
Balance brought
forward
Depreciation charge
for year
Impairment provisions
Revaluations
Disposals
Transfers'
Balance cerned
forward
9.3 Net book value
Brought forward
Carried forward

10.3 A breakdown
ofthe Income		 10.3 A breakdown
ofthe Income		 fro m investments agreeing
with SOFA ro		 w S03.
Analysis ofinvestments 10.2
Market value at		 10.3
Income hom
year and investments for
the year
E
Investment properties
Investments listed on a recognised stock exchange or held in common
investment funds, open ended investment companies, unit trusts or other
collective investment
schemes
Investments in subsidiary
or connected		 undertakings and companies
Securities not listed on a recognised Stock Exchange
Cash held as part ofthe investment portfolio
Other investments
Total

Note 11
Debtors and prepayme		 Note 11
Debtors and prepayme		 Note 11
Debtors and prepayme		 nts
Please complete this note ifthe charity has any
Analysis ofdebtors		 debtors or
a
Amounts
within		 ants
falling due
one year		 Amounts
mom		 falling due after
than one year
This I/ear Lastyear This year Last year
6 E
Trade debtors
Amounts
due		 from subsidiary and associated
undertakings
Other debtors
Prepayments and accrued Income 1,123 2,2&
Toial

please complete tlris notei
12.1 Analysis ofcreditors		 fthe clrarity has an y creditor s oraccrua l. l.
Amounts falling due Amounts falling due after
within one year more than one year
This year
E		 Last year
R		 This year
6		 Last year
f
Loans and overdrafls
Trade crsditnrs 4'l3
Amounts
due to subsidiary		 and associated
undertakings
Other creditom 976 10
Accruals and deferred income 1,150 400
Total

columns of the Statement o fFinancial A cbvities.
uncl Fund
balances balances
brought Incoming Outgoing Gains and camed
forward resources nrsoufces Transfers losses forward
Fund names 8 R R 9 k
GiRs &Su rt 2,005 - 1,975 30
Pastors De ree Course 1,100 - 1,100
Swindon Ni ht Shelter 50 150
Bible Socie 80 80
Ukraine Fund 10,692 - 8,860 1,831
TotalFunds 14,077 - 11,985 2,091

other relat ed parties by the chanty orany in stitution
orcompany connected		 with it.
Name of trustee or connected party Legal authority
(eg order,
governing
document)		 This year
Last year
f
Amounts
paid or benefit value
None

Amount owing
Name oftrustee or
connected
party		 Legal authority This year
f		 Last year
f
Due to trustees and None
related parties
Duefrom trustees None
and related parties
related party has a mat er'al Interest
Name
or		 ofthe trustee
related ps		 Relationship
chs		 to Descri ptlon ofthe
transaction s		 This year
f		 Last year
f
None