## ||||e||| |---|---|---|---|---|---| |||~|||~ ~
~
~| |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.|| ||||~
~ ~
~
~
~
~
~|| ## |||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||||||| ## ## ##