REGISTERED CHARITY NUMBER 1172790
Frampton Park Baptist Church
Dormant Accounts
For the Year ended 31st December 2022

Contents of the Dormant Accounts
for the Year ended 31SI December 2022
Contents
Reference and Administrative Details.....................
Report of the Trustees............................................
Balance Sheet...............................,.........................
Notes (Reason for Dormant Accounts}....................................................................

Fram
ton Park Ba
tist Church
Reference and Administrative Details
REGISTERED CHARITY NUMBER
1172790
TRUSTEES
R Bowman
T Allen
K R Williams
A M Newby
PRINCIPAL ADDRESS
Frampton Park Baptist Church
Frampton Park Road
London
E9 7PQ

Fram
ton Park Ba
tist Church
Re
ort of the Trustees
for the Year Ended 31st December 2022
The trustees present the dormant accoiints report of the Charitable Incorporated
Organisalion ICIOI for the Year ended 31 sl December 2022. The trustees are fulfilling
the charities requirement for the provisions of Accounting and Reporting by Charities.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Purpose
The Church's principal purpose is the advancement of the Christian faith according to
the principles of the Baptist denomination. The Church may also advance education
and carry out other charitable purposes in the United Kingdom andlor other parts of
the World.
Objectives
The Church is consliluled as a Baptist Church,
as staled above.
Frampton Park Baptist Church seeks lo be an active Christian community bringing
Christian witness and care lo our part of Hackney. The Church also acknowledges ils
Christian responsibilities beyond the local community and seeks to engage in both
national and international situations.
Public benefit
Trustees have taken account of the Charity Commission's general guidance on
public benefit when reviewing aims and objectives and in planning future activities.

Fram
ton Park Ba
tist Church
Balance Sheet
for the Year Ended 31$1 December 2022
2022
2021
Net assets
Reserves

Fram
ton Park 8a
t15t Church
Notes
Reason for Dormant Accounts
Deferred Debt Arrangement
On the 24th May 2022 Baptist Pension Trust Limited (the Trustee) and Frampton Park
Baptist Church (the deferred employer) entered a 'Deferred Debt Arrangernenl" The
agreement enables Frampton Park Baptist Church to defer the debt of £114,000
incurred by a "employment cessation-event..
The Church continued to pay Deficit Recovery Contributions which was previously
£307 per month. That plan was to continue paying this amount until such a lime as it
either chooses lo trigger a cessation event and settle the debt payable based on the
scheme funding position at that time, or the Scheme is lully funded. The Recovery
Plan was currently in place and working towards this being the case in 2026., however,
this was not guaranteed and while the Church remained as a participating employer,
it retained responsibility for Scheme deficit funding. There was an expectation that due
lo the improved funding position of the scheme since the cessation event, the deficit
liabilily which would be brought forward and recalculated based on Ihe current position
will have reduced.
This pension debt came to our notice just after registering as a Charitable Incorporated
Organisation (CIO), and we were advised not to transfer the Church assets and
operations to the CIO, hence the reason for the dormant accounts.
Therefore, the Leaders concluded to continue carrying out the Church activities in the
original charity structure of Frampton Park Baptist Church, Charity Number.. 1150885
until when the Pension issue will be dissolved.
The current good news is that the Baptist Union Pension scheme is now ahead of
schedule in the scheme becoming debt free. As a result, our monthly debt contribution
has been reduced £307 to £1 per month.
The trustees are responsible for keeping proper accounting records which disclose
with reasonable accuracy at any lime the financial position of the charity and to enable
them to ensure that the financial reports comply with the Charities Act 2011, the
Charity {Accounls and Reports) Regulations 2008 and the provisions of the trust deed.
They are also responsible for safeguarding the assets of the charily and hence for
taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Approved by order of the board of trustees on.....
on its behalf by:
.and signed
T Allen Trustee