Charlty number: 1172326
ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
VINTp/MS

ROMFORD BAPTIST CHURCH
CONTENTS
Pag8
Reference and Admlnlstratfvg Delall8 of the Charlty, It8 Trustees and Advl$ers
Trustees. Report
Ind•pendent Audltors, Report on tha Flnanclal Statements
Statement of Flnancial Aciiviti•S
3-10
15
Balance Sheet
16
Notes to the Financial SLitements
17-29

ROMFORD BAPTIST CHURCH
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Trust•es
H Ayris
A Ogunleye Ireslgned 8 March 20211
S Tunde
Rev. l J Bunce
B Schulte
Rev. J R Loveard
J E Stannard (Temi Ended 14 June 2021)
J J Giwa-majekodunmi
N Waldon (Term Ended 30 June 2021)
RSEbom
Rev. VJ Bunc8
J L Brown
K S Yates
E O Arowolo (appointed 30 June 2021)
S F Johnson (appointed 30 Jung 2021. resigr￿ 14 March 2022)
F O Lawani (appointed 30 June 20211
Charity registOTOd
numbor
1172326
Prlnclpal offlcfr
Main Road
Romford
Essex
RM13BL
Independent audltors
Venlhams
Chartered A￿ountsnts
Millhouse
32 - 38 East Street
Rochford
Essex
SS4 1DB
Page 1

ROMFORD BAPTIST CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
(CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Bankers
Royal Bank of Scotland
Drummond House
PO Box 1727
Edinburgh
EH12 9RH
Baptist Union Corporation Ltd
Baptist House
PO Box 44
129 Broadway
Oxford
OX118RT
London Baptisl Property Board Ltd
Unit C2
15 Dock Slr8et
London
E18JN
CCLA
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Page 2

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustegs present thelr annual report together the audited flnancial 8181ements of the Charity for the 1
January 202110 31 December 2021
The DeaGons1thg Diaconate) of Romford Baptist Church have the responsibility of co-operating wtth the pastors
in promoting the wholo misslon of the ChurGh, pastoral, evangellsllc, social and ecumenical in and around
Romford, bul also in the wder community and throughout the world.
Objectlvos and actlvltles
PollGles and objectlves
The Gharitys objectives are..
The advancement of the Chrtstian Faith according to the principals of the Baptist denomlnatS0n.
Advance education and carry out other charitable purposes in the United Kingdom and other parts of the
worfd.
The rellef of those In need, by reason of youth, ag8,111-health, finandal hardship or other dlsadvantage.
In setllng obleclives and planning for ath'vili88, the Trustees have gSven due consideration lo general guidance
published by the Charity Commission relating to public benefil, including tha guldanca 'Publlc benefit.. running a
charfty IPB21'.
b. A¢tlvltie$ undortaken to achleve objèctlves
In fulfilling its purpose the church engages In a range of acliwties whether on Its own or vlth olhers that vary from
lime to time with activities belng Initiatèd. expanded or closed, as appropriate.
Page 3

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2021
ObJectlva8 and a¢tlvltlos (contlnued}
c. Maln •ctlvltlès undertaken to further the Charws purpose5 for tho publlc beneflt
Annual Report
Romford Baptist Churoh's theme for the year 2021 was based on Isaiah 55.'12-13 You will go out In joy and be
led forth in p¢aGe', the mountains and hllls wlll burst into song before you, and all the trees of the field wlll clap
their hands. 13 Instead of the thombush grow the juniper, and Snstead of briers the My￿8 wlll grow. Th18 will
bo for the Lord's renown. for an everlasting slgn, that wll endure forever.
2021 continued to be a challenging year wlth the continuing pandemic affecting much of what was done as a
chur¢h. Wè were however able to keep our morning service open other than for the month of January. During
January $8rvices were online only, for the rest of the year they were in person and onllna as well. For the first 6
months of the year there was a severely regtrtcted capacity within the building due lo the Covid restrictions and
as a result our congregallons were less than 25Yo of pre covid levels. We dld however continue to have Several
hundred online watching from their homes. As the Summer came we were able to see the congregallons start lo
build again towards a larger number. At the end of the year we were back to 750h pr8 covid numbers with about
100 continuing to watch on line.
Evenlng setvices ramalned on Ilna until September when a new shape of evenlng geTvice began in th6 church
th a four week programme around Blble Study, prayer, communlon and coffee began.
In September we also restarted our mid-week worship"Pause the week.
Throughout the ￿ole pand8mic the Foodbank conttnued each Monday and Ihroughout the week in partnership
th other churches.
Several groups continued to meet online, The Needlework Group, Tuesday Evening Prayer Group, Worship
Group Many of these groups and others were able to return lo in person meetings as the restrictions ended in
the summer months.
Youth and Chlldren
Like the main service8, the youth and Chlldren's programme remalned online for the flrst part of the year and
then in person once the summer kicked In. By September our Kids and youth church wore up and running
alongside our Youth club programmes and other aclivitl8S.
Experlmantal 8ctivities suth as kld church and specials took place In addltlon to our normal programmeg
Pastoral Care
Pasloral care for people conunued and the pastors undertook to try and remain in touch with members of thg
church congregation. A minlmum of 60-80 contacts each weèk were mado via telephone calls, texts and emails.
A number of UFxJates were circulated during the year, mostly by email but also by post to those needed it.
This was designed to keep people informad of the changes that were happening.
Sadly, a number of our members have dled durfng the year, but non8 through Covid. We have also seen a
nurnber of frfends move away from the area. We have had some new people join u8 online and we look forward
to seeing them in person when we are able to fully reopen.
Addltlonal needs
As the permlsslons allowed we were able to restart our activities for those wIth additional needs. The leaders of
the adult gmups kept in phone contact as much as they were able to Smth each indimdual, whilst the Amazg
Parents Support Group ctsntlnued to support each other through regular conversations wa WhatsApp. messaggs
and Zoom.
P#ge 4

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
ObJectlv08 and actlvltle8 {contlnuod)
Adoptlon Group
The adoptton group were unable lo continu9 to meet but remained in contact throughout vla the Wh8tsApp
group, thay ar8 very keen lo restart groups as soon as restrlclions allow.
New groups have begun lo be run by the Church Includlng a group for adopters, and a mld-weak session for
adults with additional needs.
Dlsclplèshlp
Wednesday'g @ RBC continued on Zoom in ordor for ￿0p19 to 8ti11 be able to be a parl of a Small group and to
grow in Iheir faith together.
We participated in courses such as- Th8 Prayer Course 2 and Th8 Wellbelng course. Both of these courses
enabled people to grow in their prayer Irf8 and to discover who wa ar8 In God's eyes through The Character
Coursg.
We held a baptlsmal semce In the autumn with three people confessing Jesus as thelr Lord and Sawour Ihrou9h
the waters of Baptlsm.
Older generatlon
Unfortunately, the work In thls area has changed thls year, for those who are unabla to watch the services online
but have access to a DVD player they are provided copies of the evenlng servica lo watch and given hard copies
of the weekly notlce sheet.
Unfortunately the work In this area also had to stop due to Covid 19. However weekly wnlact was malnlainod
with those from Treasure Times through phone calls As soon as we were 8ble we restarted the mid week group
Treasure times and also Ihe Holiday at home In person. Thls 18 to conlnue io support our older generation and
avoid loneliness.
Mlsslon
Our Outreach work, the Meeting place resumed rts activifjes in September 2021 with some new staff joinlng Ihe
team. We saw 8 numbar of groups partnarfng wllh us Including the Hosplce and local artists. It has been great
to $88 a lol of new people joining with us al the meeting place.
A new venture that we have been planning for during the Pandemic was launched in September callèd
Community Money Advice. a debt support programme. We have tralned 12 volunteers and registered wtth thé
FSA to 8UPPOrt P8ople from the community who have debt to help them to get back on their feel. Thls Is an
Import8nt part of our mi8810n.
The church contlnued to support its missDn pathers including Church 1v23 which has now been serving Harold
Hill for over 10 y88rs, Graceworks, Operallon Mobilisation (OMI wth Andy and Rlanna Stannard based In
Moldova. It ¢onlinued to sense God's leading as the church explored new ways of connectlng wllh tho
community, with a hunger for Ihem lo come to know Jesus. Our Christmas appeal In 2021 was to provido
resources and animals to support the work of OM in Moldova.
We have built new links with BMS World Mission. supportlng Loul8e and Peter Lynch. working In Bangladesh.
We also started to explore links wlh another BMS couple working in Asla.
Our Partnership with Wint8r Gardens Baptlst Church contlnued, whereby we hav8 continued to include prayer
polnts In our weekly newsletl&r. Thls was a great focus for our work wfth Horno Mission.
Page 5

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
ObJectlvg5 and activiti95 (ry?ntlnugd)
PaTksldg
The work of Rornford Baptist Church Houslng Assoclation IParksld8) continued and was led by Romford Bapllst
Church Minister Team Leader. The full report for acuvlues of th1$ Home can be seen in its own roport.
Tho Bulldlngs
We continued to maintain our buildings and ensure that they remainod in good order, Thls Included 80me
subslanlial roof repairs.
Some outside activiti85 made use of the bulldlng, Including the Blood Donors and some children dance cla888$.
We replaced the chairs in the worship area to a Ilghler, mora flexible style to allow the room to b8 u88d In many
different ways going forward, we sold the older chalrs to offs8t some of the cosL
We continue to be a member church of the BapU$l Union of Great Britain and London Baptists. .
Flnanc8
Looklng for4Yard
Like many organlsauons we are anticipating the futur& ￿th falth bul also a sense of what wlll need to be
dtrrar8nl. We are lis18ning to God and tho community to see what we need lo do to show God's love going
forward. We are exGitsd to be planning the opening of a Community Money Advlce Centre. God is still at work.
Achlovements and perfomiance
a. Ravlew of actfvltles
At 31 December 2021 the church membershlp lotaled 204. Sunday attendance grew lo around 200 and about
100 computarsldevSces were tuned in to our livestream services each Sunday during the lockdown measures.
Thesa numbers Increased at 8paclal seNices such as Christmas and Ea8t8r.
The aCt￿ltI88 of tha church, through its organlsalions, have continued wlth a sense of purpose and
en¢ourag8manl. Wo have oxperienced the encouragement of many new people worshlpping th us throughout
the year.
The church was host to 2 number of occaslons, making the larga worshlp area and exteThsive buildlngs available
lo organisalions within the community.
Flnanclal revlew
. Golng concern
Aft8r making appropriate enquiri88, the Trustees have a reasonable expectation that the Charity has adequate
resources to contlnue In operational existence for the foreseeable future. For this reason, they conttnue to adopt
the going concem basi8 Sn preparing the financial stslements. Further details regarding tha adoption of the oolng
concern basis can b8 found in tha accounting t)olicies.
Page 6

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
b. Roserv95 poli
In order to mget the running Gosts of the thurch for 12 months beyond th6 balance sheet date. an amount
estimated at £370,000 would be required. This amount is comfortably mel by the cash reserves held by tha
church.
Total income for the year was £375,361 12020.. £381,806) and the total expendlture for th8 year was £395,571
(2020.. £407,147)- The defiGit for the ygar was £20,210 {2020'. £25,341).
. Prlnclpal Tlsk5 and unG¢rtaintles
Al major insurable TlSks arg subject to norynal Ghurch and employeffs Insurance. Contractual rlsks are revlewad
before being gntered into lo assess that they could not significantly impact upon the church's ability to fulfil its
oblects'ves. An annual revigw of all areas of risk is undertaken by the trustees In conlunctlon with staff and
volunleeTS responsiblo for the area of activity.
d. Prfnclpal fundlng
The princlpal funding source of tha charity Is the donallons recelved from members of the ¢hur¢h throughout th8
year.
Flnan¢lal ¢ontrol
Romford Baptist ChurGh - the Charity operates under a scheme of authority del8gation. Disbursement of the
Charity assets must be prop9rfy aulhorized in accordance with the agreed procedur8s. Al payment musl hava
dual authorizalion.
Romford Baptist Church has a Finance Committee that meets three Ilmes a y8ar to revlew proposed annual
budget, the final firbancial year stat8menl and the annual audit reports and accounts.
Th8 Finance Commlttee r8commend the annual budget. th8 annual 2udlted reports and accounts lo the Romford
Baptlst Church Truste88 who recommend th888 at the Church moèfjng.
The Flnal Year End Accounts are prepar8d by thé Treasuror, rewewed by the Finance Team, approved by the
Trustees before bèlng presanted to the Church Members meoling, and signed off by the Trustees and submitted
lo the Charity Commission.
The Romford Baptist Church Leadorshlp Team - which includes the Trustees - receives regular management
reports and ensurès that thls is representative of the activities within the Charity.
Pag9 7

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Stru¢turn, governance and management
a. Conslltutlon
Romford Bapllst Church Is a reglstered charlty, number 1172326, and is constituted under a Trusl deed.
b. Mgthods of appolntment or electlon of Trustees
The management of the Charfty ts the responslbllity of the Trusteas who are elected and cO￿pted under the
terms of the Trust éeed.
c. Organl$atlonal stmctura and declslon.maklng pollcles
The deacons ar6 alected by the Church member8 at the Annual G8neral Meeting (AGM) or other church
M8mb8rs Meeting as desired.
Al the @nd of Decembar 2021. the lead8rship team consisted of iwo full-time pastors, one part time pastor, one
full-time Children, Youth and Famili8s worker, one Outreach Leader. one non-slipendiary pastor, officers and
deacons.
Th8 church also employs a number of full and part time staff lo assist wlth admlnl$tratlon and to run Ihe coffee
shop (The Mealing Place).
Plans for future perfods
The future Is challenglng and exclting., we are expectlng great things of a great God as we reach out into our
community in Romford. Wa are remind8d of the naed to pray about how we can, individually and corporately,
bring gloryto our Lord and Savlour, J8sus Chrfst.
Page 8

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
ststèmont of Trustaes, responslbllltlos
The Trusteas are rasponslble for preparing tho Trustees, Report and the flnanclal statements in accordan¢e wlh
appli¢abla law and Unlt8d Kingdom Accounting Standards (United Kingdom Generally Accepted AGcounling
PraGli¢e)-
The law applicable to charlties in England & Wales requires the Trustees to prepare financial statements for
each financlal whlch glve a true and fair view of the stale of affairs of the Charity and of its incoming resources
and application of resources, Including its incomg and expenditure, for that period. In preparing Ih8S8 financial
statemonls, the Trustees are requlr8d to..
select suitable aCcoUn￿n9 pollcies and then apply them consislenlly,
observe the methods and principles of the Charlties SORP (FRS 102);
make judgments and accounting 8stimale5 that are reasonable and prudent;
stal8 whethar applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material
departures dlsclosed and explained In the finanGial statements.,
prepare the financial statements on Ihe going concem basls unles8 it is inappropriate lo presume that the
Charity will contlnue in business.
The Trustees are re8ponslbl8 for keeplng adequate accounting words that are sufflclent to show and explain
the Charitls transactlons and dlsclose wlth reasonable accuracy at any time the financlal position of the Charity
and enable them lo ensure that the financial statements comply wsth tha Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charlty and henc8 for taklng reasonable steps for the prevention and detection of
fraud and other irregularilies.
Page 9

ROMFORD BAPTIST CHURCH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER2021
Dlsclosura of Informatlon to audltors
Each of the persons who are Trustees at the lime when this Trustees, Report is approved has Gonfinned that-
so far as that Truste8 Is awar8, th@re is no relevant audit information of vthsch the Gharitys auditors are
unaware, and
thal TTUStee has taken all the steps that ought to have been taken as a Trustee In order to be aware of
any relevant audit information and to establish that the charws auditors are aware of that informallon.
Audltors
The audltors, Venlhams. have indicated their willingness to Gontinug in office. The dosignateil Trustegs will
propose a motion reappointing the auditors at a meeling of the Trustees.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Trustee
Date:
20 September 2022
Page 10

ROMFORD BAPTIST CHURCH
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ROMFORD BAPTIST CHURCH
Oplnlon
We hav& audlted the financial stalemenis of Romford B8ptist Chur¢h (the 'chariV) for the year ended 31
December 2021 which comprisa the Statement of Financlal Activities, the Balance Sheet, the Statement of Cash
Flows and the related notes, Inclu(Ilng a summary of signrficant accountlng policies. The financial reportlng
fr8mework that has been applled In thelr preparalion is appllcable law and United Kingdom Accounllng
Standards, Includlng Flnanclal Reporting Standard 102 The Financial Reporting Standard applicable in the UK
and R8publl¢ of Ireland, Iunlted Kingdom G8nerally AGGeptsd AGGountlng PractiGe}.
The flnancial ststement8 have been prepared in aGwrdance wilh Accounting and Reportsng by Charttles
preparfng Ihelr accounts In accordance with the FingnGial Reportlng Standards apF4icable in the UK and Republlc
of Ireland (FRS 1021 In pr8f8rence to the Accounting and Reporting by Charities.. Statement of Recommended
PraGti(* Is8ued on 1 AprS12005 whlch 1$ referred to in the extanl regulations bul has been withdrawn.
This has been done In order for the aG(x)unts to provide a true and fair view in accordance with the Generally
Actxpled A¢Gounling PractSce affeGtNe for reportlng perlods beginning on or after 1 January 2015.
In our oplnlon the financial statements..
glve a tNe and falr view of the state of the charftys affalrs a8 al 31 Dec8mber 20218nd of its Incoming
resources and application of resources for the year then ended..
have been propeAy prepared in accordance with United Klngdom Generally A¢¢epted Accounting
Practice,. and
have been prepared in accordance with the requirements of the Chartties Act 2011.
Basls for oplnlon
We conducted our audil in 8ccordance with Intemational Standards on Auditing (UK) (ISAS (UK}) and applicable
law. Our responsibililies under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our rpport. We are independent of the charity in accordance With the ethical
rgquir8ments that are relevanl to our audit of the financial ststements in tha United ￿ngdOM. Including the
Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethlcal responsibilities in
accordanc8 with th8se requirements. We believ& that the audit 8￿denc￿ we have obtained Is suffioient and
appropriate to provide a basis for our opinion.
Concluslons relallng to golng concern
In auditing the financial statements. we have concluded th81 the Trus18es' us? of the going concem basis of
accounting in the preparation of the financial stalemenls Is appropriatg.
Based on the work we have perfomied. we hav8 not idtntifigd any malerial uncertainties relating to events or
conditions that, individually or collecuvely. may cast significant doubt on the Gharivs ability to continue as a golng
eonc8m for a period of at least twelve months from when Ihe financial statements are authorised for issue.
Our rasponsibllitles and tha wsponsibilitios of the Truste95 With r05pecl to going concern ara described Sn the
relevant sections of thls report.
Page 11

ROMFORD BAPT18T CHURCH
INDEPENDENT AuD￿ORs. REPORT TO THE MEMBERS OF ROMFORD BAPTIST CHURCH
(CONTINUED)
other Infomiatlon
The other Infom1allon comprises the infr>rmation Included in tho Annual Report other than the finanGial
statements and our Auditors, Report thereon. The Trustees are responsible for the other information Gonlained
wlthin the Annual Report. Our opinion on the financlal statements does not cover the other information and,
except to the extent otherwise explicitly stated in our report, we do nol oxpress any form of assurance conclusion
thereon. Our responsibility IS to read the other Information and, in doing so, conslder wheth8r the other
informallon is materially inconsistent with the financlal statements or our knowledge obtained In Ihe coursg of the
audit, or othenMiSÈ appears to be materially misstated. If we identify such material inconslstencleg or apparent
materlal misstatements, we are roquired to determine whether this gives rise to a material mlsstatemenl in the
financlal statements themselves. If, based on the work we have perforned, we conclude thal there is a material
misstatement of this other infonnation, we are requlred lo report that fact.
We have nothing to report in this regard.
Mattors on which we are requlred to report by ex¢oPtion
We hav8 nothing lo report in respect of the following matters where the Charities {knounts and Reports)
Regulations 2008 requires us to report io you rf, in our opinion..
the Informatlon given in the TTUStees' Report is inconslstent In any material respect wth fhe financial
slatements., or
sufficlent accounting records have not been kept., or
the financial statements are not in agreement with the accounllng records and retums. or
wa have not recelv8d all the information and explanations we r8qulre for our audit.
Responslbllltles of trustees
explained more fully in the Trustees, ResFionsibiliti8s Ststement, the Twstees ar8 responsible for the
preparation of the financlal statements whlth give a true and fair view, and for such Internal control as the
Trustees determine is necessary to enablB the preparation of financial statements that are free from material
mtsslatement, whether dua to fraud or error.
In pr8paring the financlal statements, the Tnjstegs are r8spon8ible for assessing the ¢harWs abllity to contSnue
as a golng concem, dlscloslng, as applicable, matters related to golng concern and using the going concem
basls of accounting unless thè Trustegs either Intend to liquidat8 the charlty or lo Gease operallons, or have no
reallslic alt6matlv6 but to do so.
Page 12

ROMFORD BAPTIST CHURCH
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ROMFORD BAPTIST CHURCH
(CONTINUED)
Audltors. responsibilities for the audit of the financial statem•nts
We have been appointed as auditor under section 144 of the Charities Act 2011 and report In accordance wlth
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as 8 whole are free
from material misslatemenl, whether due to fraud or error, and to issue an Auditors, Report that Includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guardntee that an audlt conducted in
accordance with ISAS (UK) will always delect a material misslatemenl when it exisls. Misstatements can ari8e
from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be
expected to influgnce the economic decisions of users taken on the basis of these financlal ststements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect ma18rial misstatements in respect of irregularities,
including fraud. The extent to which our procedures are capabl8 of detecting irregularities, including fraud is
detailed below:
Based on our discussions with the charitVs managem&nt and the Truste&s, we identified Ihal the ft)Ilowing laws
and regulations are significant lo the entily.
Thos8 laws and regulations considered to have a direct effect on the financial statements include UK financial
r8POrt5ng standards and Charity Law.
Those laws and regulations for which non.compliance may be fundamental to the operating aspects of the
charity and Iherefore may have a malerial 8ffed on the financial statements Include compliance wth the
charitsble objectives, public benefic fundraising regulations, safeguarding and hgallh and safety legislallon.
These matters were discussed amongst the engagemenl team al the planning stago and tho tsam remained
alert to non-compliance throughout the audlt.
Audit prgG8dures undertsken in response to tha potential risks relating to l￿egUlarltieS (which include fraud and
non-GomplianGe with laws and regulations) comprised of.. enquiries of management and the Trustees as lo
whether Ihe ontity complies wlth such law8 and regulations., enquiri8s wth the same concerning any actual or
potential litigation or clalms,. Inspection of r818vant key risk assessments and inspection reports; r8view of
Trustee meeting minutes,. testing the appropriateness of loumal entrles: and the performance of analytical review
to identify unexpgGled movemenls in aC￿unt balances whlch may be indicative of fraud.
No instances of material non-complianGe were identified. H¢)wgv?r. the lik81ihood of detecting irregularrtles,
including fraud, 15 limited by thg inhgrent difficulty in dgle¢ting irregularities, the effecb'vèness of the 8ntlWs
controls, and the nature, liming and extgnt of the audit proGedurgs performed. Irregularttles that result from fraud
might be inherently more difficull to deleGt than I￿egUlarl￿o$ that result from error. As explalned above, there is
an unavoidable risk thal material misstatements may not be dolecled, even though the audll has been planned
and parfomied in accordance with ISAS (VK).
A further description of our rosponsibilitigs for the audit of the financial staloments is locatgd on the Financial
R8POrtlng Council's website at.. www.frc.o
.uklauditorsres
nsibilitigs. This dgscription forms part of our
Audltorg, Report.
Page 13

ROMFORD BAPTIST CHURCH
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF ROMFORD BAPTIST CHURCH
(CONTINUED)
Usg of our roport
This ￿port is mad8 501ely to the charltys trustees, as a body, in accordance ￿th Part 4 of the Charities
{A￿ount$ and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charitys trustees those matters we are required to State to them in an Auditors. Report and for no other purpose.
To the fullest exlenl p8rmitled by law, we do not accept or assume responsibllity to anyone other than the charity
and its trustees. as a body, for our audit work, for this report or for Ihe opinlons we havo formed.
Venthams
Chartered Accountants
Stslutory Audhor
Millhouse
32- 38 Ea81 Street
Rochford
Essex
SS4 1DB
Date..
22 September 2022
Venthams are ellglble to act as auditors in terms of sectlon 1212 of the Companies Act 2006.
Page 14

ROMFORD BAPTIST CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER2021
Unrestrl¢ted
funds
2021
Restrlctod
funds
2021
Total
funds
2021
Tot81
funds
2020
Note
Income from:
Donatlons and legacles
Charitable activities
Investments
other incom8
237,383
112,919
20,595
3,714
750
238,133
112.919
20,595
3,714
229,160
101,857
17,119
33,670
Total InGorne
374,611
750
375,381
381,806
Expgndituro on:
Charitable activities
395,116
395,571
407.147
Total gxponditurè
395,116
455
395,571
407,147
Net movement In funds
120,505)
295
(20,2101
(25,341)
Reconclllatlon of funds..
Total funds brought forward
Net movement in funds
7,631,554
(20.505)
63,423
295
7,694,977
120,210>
7,720,318
(25,341)
Total funds carrled fonvard
7,611,049
63,718
7,674,767
7,694,977
Page 15

ROMFORD BAPTIST CHURCH
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Flxed asso15
Tanglble assets
13
6,802,707
6.790.923
6,802,707
6,790,923
Currenl assets
Debtors
Cash al bank and in hand
14
15,674
878,074
24,751
894,784
893.748
919,535
Creditors.. amounts falling due wthin one
year
15
(21,688)
(15,481)
Net current assets
872,060
904,054
Total ass¢ts less Curront Ilabllltlos
7,674,767
7,694,977
Total net assets
7,674,767
7,694,977
Charlty funds
Restricted funds
UnrestriGted funds
16
16
63,718
7,611,049
63,423
7,631,554
Total funds
7,674,767
7,694,977
The financial ststements were approv8d and aulhorfsed for Issue by the Trustees and signed on thelr behalf by..
Trustee
Dale..
20 September 2022
Page 16

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
GgnOTal Informatlon
The charity was establlshed a8 a CIO on 29 MarGh 2017 and was registered with the Charity Commlssion
under Gharity number 1172326. The charity commenced trading In 1 June 2018 followng the transfer of
the assels of Romford Baptist Church an unlncorporaled charity.
Accountlng pollcles
2.1 Bas1$ of preparation of financlal statements
The fin8nclal statements have been prepared in accordance with the Charities SORP (FRS 102) -
Accounting and Reporting by Charities.. Statement of Recommended Practice appliGable to charlues
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
2nd Republic of Ireland (FRS 102) (effective 1 January 2015), the FinanGial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Charilie5 Act 2011.
The financial statements have been prepared lo give a 'true and fairf vigw and have departed from
the Charities {Accounls and Reports) Regulations 2008 only to Ihe extent rgquired to prowde a 'lrue
and faiff view. This departure has involved following the Charities SORP IFRS 1021 published on 16
July 2014 rather than the Accounting and Report5ng by chariti￿.. Statement of Recomfflgnded
Practice effective from 1 Aprfl 2005 which has since been wthdrawn.
Romford Bapligt Church meets the definition of a public b9nefft entity under FRS 102, Assets and
liabilities are initially recognised at historical cost or transaction value unless olherwse stated in th8
relevant accounting policy.
2.2 Golng concorn
There are no materFal uncertainlles regarding the charitys abllty to continue. Therefore the accounts
are preparod on a going concem basis.
2.3 Income
All income is recognised once the Charity has entillomenl to the income, it Is probable that th8
income will be recelved and the amount of incom8 rereivable can bo measured rellably.
Income tax recoverablg in rolation to investment inwmg is recognised al th8 tlme the investment
income is recelvable.
Other income Is recognised in the period in which it is receivable and to the axtent the goods have
been provlded or on completion of tha servico.
2.4 Expanditurn
Expenditure is rocognised once there is a legal or constructive obligallon to transfer economlc banefil
to a third party, it is probable that a transfer of economic benefits wll be r8quired in settlement and
the amount of the obligation can be mgasured reliably. Expenditur8 Is classified by activity. The costs
of each activity are made up of the totsl of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributabl8 to a singlg activity are allocal8d dlreclly
to that activity. Shared costs whith contribute to more than on8 activity and support costs whlch are
not allributable to a slngla adivity are apportioned be￿88n those activities on a basls consistent with
the use of resources. Contral staff costs are allocated on tho basis of tima spent. and d8preGiation
charges allocated on thg Portion of the asset's use.
Expendibjre on Gharitable activities is Incurred on dlrectly undertaking the activlti8s ￿1¢h further the
ChartW$ obl8¢tives, as well as any assoclatgd support costs.
Page 17

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
A¢countlng pollcles (contlnuodl
2.4 Expondllure (contlnued>
Grants payable are charged in th8 year when the offer is made except In those cases whero the offer
is condttsonal, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions whlch have not been met at the year end are noted as a
commitrnenl, but not accrued as exp8ndiknre.
l expenditure Is Indusive of Irrecoverable VAT.
2.5 Interest rgcefvablo
Interest on funds held on deposlt is InGluded when r8calvable and the amount can be measured
reliably by the Charfty. thls Is normally upon nolrficatlon of the Interest paid or payable by the
institution with whom the funds are deposited.
2.6 Tanglble flx8d 888ets and depreGlatlon
Tangibl& fixed assets are inilially recognised al cost. After recognition. under th8 cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impairment
losses. All costs Incurred to brlng a tanglble flxed asset into Its inl6nded working condition should be
Induded In the measurement of cost.
Depre¢ialion is charged so as to allocate the ¢o$t of tangible fixed assets less their resldual value
over their estimated useful INes.
Depreciation 58 provided on the followng bases..
Fr88hold property
Long-term leasehold property
Fixtures and ffttings
not depreciated
not depreciated
straight line 3 to 5 years
2.7 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
P￿paYmentS are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and In hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity
of three months or less from the d8te of acqulshion or opening of the deposlt or slmilar account.
2.9 Llabilltles and provlslons
Llabilities are recognlsed when there 1$ an obligation at the B8lanc8 Sheet date as a result of a pasl
evont, it is probable that a transfer of economic benefit will be requlred in settlement, and the amount
of the settlement can be estimÉled reliably.
Liabilities are recognised at the amount that the Charity antlclpates it will pay to settle tha debt or tho
amount it hag recelved 2s advanced payrnents for the goods or services it must provide.
Provlsions are measured at the best estimate of the amounts required to sellle the obligation. Where
the effect of the time value of money is material. the prowsion is based on the present value of those
amounts, discounted at the pre-tsx discount rate that reflects the risks specific to the liability. Th8
unwindlng of Iho discount is recognised In the Statement of Financial Activrties as a finanGe cost.
Page 18

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles (contlnuéd)
2.10 Flnanclal Instruments
The Charlty only has financial assets and financlal Ilablllties of a kind that qualffy as baslc flnanclal
instruments. Baslc financlal instruments are initially recognisèd at transaction value and subsequently
measured at Ihelr $8ttlament value wllh the excepllon of bank loans whlch are subs8quently
measured at amortised cost using the effective interest m8th0d.
2.11 Penslons
The Charfty operates a defin9d contribullon pen8ion scheme and the penslon Gharge ropresents the
amounts payabla by the Charity to the fund in respect of Ihe year.
2.12 Fund accountlng
General funds ara unrestricted funds which ar8 available for use at the discretion of th8 Trusteès in
furtheran¢e of the general objectives of tha Charity and which have not been deslgnated for other
purposes.
Designated funds comprls8 unr8slrlcl8d fijnds that have been set aslde by the Trustees for particular
purposes. Tho alm and u88 of each designaled fund is set out In the notes to the financial
statements.
Restricted funds are funds whlch are to be used In accordance ￿th $pecifl¢ restrlctions imposed by
donors or which have beèn ralsed by the Charity for particular purposes. The costs of raising and
admlni81ering such funds are charged against the speclflG fund. The aim and use of each restricted
fund Is sel out in the notes to the flnancial statements.
Inveslm6nt InGome. gains and Ios888 8re alloc8ted to the appropriate fund.
Pag8 19

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 DECEMBER 2021
lThGorne from donatlons andlogacles
Unrestricted RestTiCtgd
funds
funds
2021
2021
Total
funds
2021
Total
funds
2020
Donations
237,383
750
238,133
229, 160
Tolal 2020
228,660
500
229,160
Income from charitable actlvlties
Unrestrl¢tod
funds
Total
funds
2021
Total
funds
2020
2021
Income fmm charitable activtknes - Church
112,919
112,919
101,857
Total 2020
101.857
101,857
Inv08tment Incom¢
Unrestrlctèd
funds
2021
Total
funds
2021
Total
funds
2020
Investment income - local investment properties
Investment Incorne- local cash
14,900
5,695
14,900
5,695
14,400
2,719
20,595
20,595
17,119
Total 2020
17.119
1T,119
Page 20

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2021
Othor Incomlng resourGoS
Unrestrlcted
funds
2021
Total
funds
2021
Total
lunds
2020
Govornment furlough Income
3,714
3,714
33,670
Tot812020
33,670
33.670
Analysls of grants
Grants to
Instltutlons
2021
Tolal
funds
2021
Total
funds
2020
Granls, Church
23,550
23,550
27,000
Total 2020
27.000
27,000
The Charity has made the followng material grants to institutions during the year:
2021
2020
Name of Instltutions
Graceworks
Baptist Unlon Home Mission
BMS World Mission
Operation Mobilisatlon
Church1V23
1,750
10,000
10.000
1,800
2,000
10,500
10,500
2,000
23,550
27,000
Paga 21

ROfvIFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Analysls of expenditurg on charltablo aotfvltles
Summary byfund typo
UnrestrlGted Restrlcted
funds
funds
2021
2021
Total
2021
Total
2020
Church
395.116
455
395,F11
407,147
Total 2020
406,647
500
407, 147
Analysls of expenditure by actlvities
A¢tlvltloS
undortaken
dlrectly
2021
Grant
ndlng of
actlvltlos
2021
Support
osts
2021
Total
funds
2021
Total
funds
2020
Church
242.557
23,550
129.464
395.571
40T,147
Total 2020
234,018
27,000
146.129
407,147
Analysls of dlrect costs
Total
funds
2021
Tot81
funds
2020
Church
2021
staff costs
Church housing expenses
Travel
185,090
18,464
428
8.516
30,059
185,090
18,464
428
8,516
30,059
184,814
15,462
382
Other mlnisterial costs
Mission and outreach
10,966
22.394
242,557
242,557
234,018
Tot812020
234,018
234,018
Page 22

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Analysis of gxpgndlture by actlvltles {¢ontlnuad>
Analysis of support costs
Total
funds
2021
Total
funds
2020
Church
2021
Staff costs
Depreclatlon
Church premises
Church office expenses
Auditors. remunaration
Legal fees
Lossl{profrt) on disposal
37,011
19.341
30.048
40,703
6,642
719
(5,000)
37,011
19,341
30,IM8
40,703
6,642
719
(5,000
45,924
14.703
26.276
44,579
6.330
8,317
129,484
129,464
146, 129
Totsl 2020
t46,129
146,129
10. Audltors. remuneration
The auditors, remun8ration amounts to an auditor fe8 of £6,642 (2020 - £6,330), and accountancy of £ -
12020- £ -).
11. Stsff costs
2021
2020
Wages and salari6S
Social securty costs
Contributlon to dgfined contributlon penslon schem8S
184,972
11,456
25,673
196.163
10,917
23,658
222,101
230.738
The avarage number of persons employed by the Charity during the year was as follows..
2021
No.
2020
No.
Employees
12
Page 23

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
11. staff costs (contlnuedl
No employee rec8Sved ramun8ration amounting lo more than £60.000 in elther year.
12.
Trustees. stlpènd and oxpenses
During the year, salaries have b@en paid to Rev l Bunce £39.199 (2020.. £38,400), Rev V Bunce £29.399
12020.. £28,800) and Rev J Loveard £14,73112020.' £14,030), for ministerial seNic8s. Employers pension
contributions totalling £14,554 (2020: £18.798) were paid on their behalf.
Durlng the year ended 31 December 2021. expenses tr)talling £6,358 {2020'. £6,093) wer8 reimbursed or
paid direGtly to 3 Trustees.
13. Tanglblo Ilxed assets
Long-torm
leasehold Flxturos and
proporty
flttlngs
Freehold
property
Total
Cost or valuation
At 1 January 2021
Additions
Disposals
6,577,314
188,000
86,447
31.125
(770
6,851,761
31,125
17701
At 31 December 2021
6.577,314
188,000
116,802
e.882,116
Dapracialion
At 1 January2021
Charge for the year
On disposals
60.838
19,341
{770)
60,838
19.341
(770)
At 31 December 2021
79,409
79,409
Not book value
At 31 December 2021
6,577,314
188,000
37,393
6,802,707
At 31 December 2020
6,577,314
188,000
25,609
6,790,923
Page 24

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
14. Debtor8
2021
2020
Dug wlthln one yoar
Trad8 d6blor8
Other debtors
Prepayrnents and accrued income
492
9,021
11,045
4,685
10,387
4,795
15,674
24, 751
13. Creditors: Amounts falllng du? wlthln one year
2021
2020
Trade Creditors
Other taxation and soclal securtty
Accruals and deferred Inwme
10,554
4,492
6,642
9,151
6.330
21,688
15,481
Pagè 25

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2021
18. stalemenl of funds
stalemenl of funds - Gunont yoar
Balance at
31
December
2021
Balance at 1
January
2021
Transfers
Inlout
Incorne Expgndlture
Unrestrfcted fund8
Designated funds
Fixed asset fund
Conungency fund
Junction Road
6,790.923
68,090
45,170
11,784
6,802,707
68.090
45,170
6.904,183
11,784
6,915,967
Gonoral funds
General fund
Auxiliaries fund
Church group acliwty funds
712,072
7,789
7,510
363.OS7
1385,074)
(14,784)
675,271
7,789
12,022
11.554
(10,042)
3,000
727,371
374,611
{395,1161
(11,784)
695,082
Total Unreslrlcted fvnds
7,631,554
374.611
1395,116)
7,611,049
Restrlcted funds
Benevolent Fund
Future project fund
Energise fund
Jack Pglchey Fund
252
60.000
446
2,725
252
60,000
446
3,020
750
(455)
63.423
750
(455)
63.718
Total of funds
7,694,977
375.361
1395,571)
7.674,767
Page 26

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
16. Statement of funds (contlnuedl
Ststement of funds- prfor year
B818nce al
31
December
2020
Balance al
l January
2020
Transfers
in/oul
Income Expenditure
Unreslrlcted funds
Deslgnated funds
Fixed asset luThJ
Contingency fund
Junction Road
6,799,215
68,090
45,170
(8,292) 6.790,923
68,090
45,170
6,912,475
(8,292) 6,904,183
Ggneral funds
Gener81 fund
Auxiliaries fund
Church group acuvlty funds
724,355
7, 789
12,276
371,865
(398,608)
14,460
712,072
7,789
7.510
9,441
(8.039)
(6,168)
744,420
381,306
(406,647)
8,292
727,371
Total Unre8trfcted fvnd8
7,656,895
381,306
(406,647)
7,631,554
Rostrlctod funds
Benevolent Fund
Future project fund
Energise fund
Jack Petch8y Fund
252
60,000
446
2, 725
252
60,000
446
2,725
(500)
63,423
500
(500)
63,423
Total of funds
7,720,318
381.806
(407,147)
7,694,97T
Page 27

ROMFORD WTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
17. Summary of funds
Surnmary of funds - Gurrent year
Balance at
Balance at 1
January
2021
31
Transfers
Inlout
December
2021
Incomg Expendlture
Designated funds
Ganeral funds
Restricted funds
6,904,183
727.371
63,423
11,784
{11,784)
6,915.967
695,082
63,718
374,611
750
{395,1161
1455)
7,694.9
375.361
(395,571)
7,674,767
Summary of funds . prlor year
Balancg at
31
Decemb8r
2020
Balance al
1 January
2020
Transfers
in/oul
Incom8 Expendlture
Deslgnaled funds
Gener81 funds
Restriclod funds
6,912,475
744,420
63,423
(8,292) 6,904, 183
8,292
727,371
63,423
381,306
500
(406,647)
(500)
7,720.318
381,806
(407,147)
7,694,977
18. Analy818 of net assets betrween funds
Analy818 of net assets between funds . current year
Unrestrictod Restricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assots
6,802.707
830,030
{21,688)
6,802,707
893,748
(21,688)
63,718
Creditors due wthin ona year
Total
7,611,049
63,718
7,674,767
Pagè 28

ROMFORD BAPTIST CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
18. Analys1¥ of net as8et8 between funds Iconllnuod)
Analysls of net assets between funds . prlor year
Unrestrlct8d
fvnds
2020
Restricted
funds
2020
Total
funds
2020
Tangible fixed assets
Current assets
Creditors due wtthin on8 year
6,790,923
856,172
(15,481)
6,790,923
919,535
(15,481)
63,423
Total
7.631,554
63,423
7,694,977
19.
Ponslon commltments
The chartty opemt8s a deflned conlrlbutlon pension sch6m8. The assets of the scheme are held
separately from those of the charfty In an Indepgndentty administered fund. The pension cost charge
represents Gontributlons payable by th8 charty to the fund and amounted to £25,673 (2020.. £23.658).
20. Related party transactlons
During the year, income of £64,25012020: £63,324) wa8 recelved from Romford 8aptisl Church Hou$lng
Association Llmited. a charity under common control. in respect of pastoral services. During the ygor
payments of £23.000 {2020.' £24,999) were made to Romford Baptlsl Church Housing Association
Limited in respect of book-keeping and premises management. At the balance shget date £132 (2020..
£8.6611 was recelvable from RBCHA and is included wthin trade debtors and £2,219 (2020- £7,003) was
payable to RBCHA andlg included within trade creditors.
Page 29