Ch•fity R•gistration No. 1173420 UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020 UPPER BEEDING BApnsT CHURCH: THE HUB. BEEDING LEGAL AND ADMINISTRATIVE INFORMATION RAGBroad Rev P P4JtthefS MS￿"11 RF*k R Porter Ashw M Whitchur Ch•rtty numb•r 1173420 Prfnelp•l addr••• Th• Hub B••dlFVJ 19 Ctsjrch L•ne Uppgr Be•JJng SleynirwJ Ind•p•nd•nl Ex&Thln•rn TC Group Thw Courtyard Upw B••dir Steyning BN44 3TN Bank•r¥ 25 KlThJ8 HSI A¥enu• Klngs Hlll West Manthg ME19 4JQ UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING CONTENTS P•g• 8•1on¢• •tht UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 The trustees are pleas8d to present their annual report and accounls for th8 year ended 31 tkcember 2020. The acwunts have been wepared in arwrdancg with the a¢￿UntIng policw sel out in n￿e 1 to ths 8ceounts and comply w¢th the charity's Memofandurn and kncles Ot AssocaalN)n. the Charities Act 2011 and the Slatsm8nt of Rgcornrrwded Practicg. Ch8tilie8 SORP (FRS102). Th• prlncipal purpos• ol Th• Hub. B••ding is the advancement of the Christian faith ￿ordIng to the prtnclpleB of the Baptist denomination. Th8 Church m8y 81s0 advanee thlucatfion and carry OLrt other charitablè purposas in the Unlted Kingdom andlor other parts of the wodd. Obl•ctlve• Tho Adiwtios may indudo but are not r88tri¢Xed to.. . regular t)U￿1¢ worship. prayer. Bibl* study, pre8ching and taachlry: • baptism. as defined in the Union's D¢daration of Prinapk.. . tre Cornmunion of th8 Lord's Supper whith sh￿1 normdly be observed at leagt onc* a month., evan9elism and mi8sion. l¢xally. regionauy, nationally and inteMat￿naI￿'. . thè t•8chlng, •ncouragement, weleome and incluslon of young pèople., • nurture and growth of Chrlstlan disciplès.. ' •ducation and training for Christtan and cOmmu￿ty $èNce; ' gitrinp and érbcouraging pastoral carè: . supportlng and encouraglnq charitabk 8o¢lal •Xlon In tho Unw Klngdom and abroad: • ancouraglno r81glon8Nps wlth and supp￿ng Baptists and other Chii8tl•ns P•rfonn•nco and Achl•¥•m•nts On account of the COVID-19 pandemlc, 2020 was an unwK4dented ￿¥t as th• Churth wa8 dosed for WOT8hip yet tspèn to bè thé c8ntre of our (*1mmun￿8 rasponse during the three k>ckdown$. A8 ever. Ihls report 58 Ihg Ilp ol thp bceljerg and cannot COn￿Y th• fritindship8 formèd. thè lov8 sharèd, thos e￿. the personal and spiritual growth ewenced. the opporlunities to 8hare our faith. the fvn wo havo had. how much wg mlss our brotheT8 and slsters who havg d￿, the drèams wè stlll ha￿ and 811 the 0th8F non-tangible thlngs about being a part of Th• Hub whieh will not make h Inlo the foll¢)wity roport. Those things. of ￿￿r8?, are Iho mosl Important thws, and the ?vgnts and facts rècofdèd belu4V are the sign whi(* t8stffios lo all that thtr Lord Is dolng in us and through us. Rev Peter Butehers, Mlnlsler and Chair of Trusi Fln Finaneial R¥vi•w The COVID-19 re¥lrKtions during the yèar had an inwact on Ihe financial posluty) wlth a drop In Income from lsttings, community work and the ¢afe be¢ause of the dosure of tho buitsthng. Howovw, th• cov1￿19 si￿8110n saw Iho ¢y¥a￿On of new Restricted Funds. FIts￿y a local arèa Communfjty Hub Responso Fund and secondly a Htysham Dlsttld wlde Community Hubs FWKI. bolh administarad by the Hub 80gding. E¥penifiturg during year was G•neral Fund £135.406 (2019: £161.586). Deslgnated Funds £nil (2019: £18.098) and Restricted Funds £110,32612018'. £310.820). Income during the yearwas Gen￿81 Fund £145.212 Q01>. £239.9221, Design8t8d Funds £nil (2019: £30.0501 and Rtstrfcted Funds £89,755 (2019.. £127,5￿). The Church twstees have established a R8seNts Poficmto pyovidefinancial strbility in tha pursuh and development of our prinapal adiNity. Th8 trustees have set asidè rÈsèrvès to ma8t 8m8rgenry situations that may arlse erth6r in significant reduction in incr￿9 or si9nifitsnt unforeseen expendituia in ordar to meet unexpected staff gJsts and othgl omèrgency situations the trustees havg ￿TrentlY agreed to maintsin a nwnlmum sum of £12.500. UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 she￿Id th•r• b• • shortfall tn malnlalnlThJ th* sum mi8w8d and agreéd. the tntst•tt may o)nsldor rnvlewino the budgèt. or othèr mèans to trnsur• Ih•t sufficaent re#er%v rnantsirwd. Tr tr￿19?9 reviow amually the lèvd ol Teserves requlred to ensure siffwit funds to meet emefgency situations. Thoy also monitor inc(Jme and expenthture elosety to ff#rtuniz• un•xpx*od fin•K301 rknka Th• recww ¥ rw*ythly rnport ol Ilnand acliwty. They have appmN*d Ihtr 2020 x(Lwnl8. At thè y•ar and th• thortty Lfftrn•trh#¢d fm rO•w¥￿ of£19272 (2019.. £33.864). The Itn8nd•l report tho Tw•to9•' the CIO is In good slwe to meet the and pwpose ol the M•ln 8unwn•ry Budgot tty th• maln General Fund ¢•nlrEs.' Glvlno - was on Iwdgot. Glft Ald lax refvnd- was sIl￿tlY I￿￿8 th•n the budgeted frJure. L•ttlng8- Incorne wa• 25% of Iho budgol because of tho closure. Hub Communlty Woth- Incom& was 20% of the budg01 becaus• ol th• dowr•. Hub Café- Incom• w•• 355 ¢1 the b￿tst duo to Llosur•. Expendttur• Hub Baa• - Ihl8 r•pr•8•nt8 all the c4)•ts tn sup1￿L ol th• WO￿ ￿rf•d wl 41 th• Hub •nd wa• abovo budgei becausé of the Instsllati￿ of $our*J rnd￿n9 p￿￿18 and emergeTW dr•ln•g• r•palr•. Hub Stsff . u)Bt8 were budg￿ b￿￿#0 of ￿ stsff boing portly fundod Irom the Soclal Presuiption IWMI. The Hub Ms8lon- support of 8MS. SEBA and gonwal mlsslon of varlws proJOL*i at hom• 0￿1•ea￿ lrtludlNJ By Churth day Out, YWAM Boat, F4119ts lo ¥UPFty%t Lynsoy Slo*. Hub Communlty w0￿-waS 43% bel¢MT b￿Jget because of ts C¢Md 3ituthn. Thg C•lè- 38% belcm the bLNJget ba￿s• of the Cthid sltuation. Thè Hub Re￿￿tshment fvThJ d)••d durfng y••r. The b••n o)mrl•t•d and *n•d dr. Thè Hornham C)knbkt CoMiun*y Hub• w•• clo8•d al oTh# ol the ypar. Funds h•Ang bwn dhtrtbuted to I Ihe Hubs. Th8 CIO 18 govom•d by tts wn8tltuth)n. dated 16 May 2017. Memb•r•hlp - B8cau80 of tho Sockdcwns and the pandemic. the Church m•mboF8hip met lust on¢9 In 2020, In DOr￿Mber. lo agree th6 budoet #nd to mgmbers. This was a mo8ting hold boih In the Church and on zoom and this ¥ppfoach all¢Thd Tho￿ people to be Invow. ThrwJh our r•gular Cattthlng Up malllngB wg kapt members up to d•te wlth the ttappenlngs and pastoral news In and around the chureh, W? rncolwd 6 now mombers Into mÈffkn•tship. The Try•t••• mèt at IèAst monthly •nd usu•Ny Iwico rwK)nthly to [r￿x￿S matters of the ¢*arlty, SLpwl•lon d th• Staff and operauon ofthe church. In almost every L¥se the trusteas mèt orlinè. Thè annual rot8tion oftru$t*￿ w•$ postpongd foi 2020 bacAUSa it was Impossit4• to gather d)urch metrt)ers for leaders. election Ihe rotation of l•ad•rs r•sumed In 2021. In effe¢( the tem￿ for the serthg of leaders ¥￿Te 8xt8nded by on• year. UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Rev Peter Butchers Richard Alfred Graham Broad MIGhael Dillamore Robln Fisk Rothard Jackson Diana Moncada Leal Rosemary Porter Andy Sharpo Mavi8 Whil¥hurch Policie8- no policies were due fLY r￿￿la1 and thereforethe [￿1￿88 adopted cffi 4 November 2019 rèmain in affect.. athAIts at risk complaints ¢onflS¢l of Int¢r¢sts data protection equal opportunitles ffinMnci81 health and Safety remuneiation r¢serve$ rf8k managèmènt safeguarding for thlklren volunteers Th8 trusloos had due regard for Charlty CoThwn188ion guldarKe on publK I￿n0ffl. S¢rvScM'. From the 29 March (the first Sunday afterthe first lod(downl Lxjth wor8hlp and activlti88 for the chSldren h¥vg been prepared, videoed, al￿ uploaded to YouTube.Q)ff￿Ihehubbegding. It been a Ireipgndous gffort each week to provlde contsnt for these servlces, and we are very gratelul to all those leader8 and mernbers who have l•amtd thè wondèrs of tsehTrJlogy and èmbrac•d d>gitsl worship. GTowth Groups: Apart from thè brief wind¢)w# when gatherfrvJ at the c*ur¢h werg permitted. all the Growth Groups have been ¢ondudgd eithei onlin6. In smaller grDups in gardens or in wh8teveT oth8r ways lockdown restrictiOll8 have permitted. Again, the energy and effort required to make all these groups work and for friendship. communiéy, ond growih to h8ppon has b••n impressive aTrJ very rThJth opprecaated. Thank you to 811 the leaders of these groups whose Imagination ￿lj care has found cre816ve responses to drffjc#Jlt UTcumstances. Also. thanks to ail the members ol Ihese Importani small oroups who have t)een the b&KI)￿ ol our church u)mmunlty whlle we have not been able to meet corporalely. From the vary fir¥t week of lo¢kdown. we twk the iniliative to ajordinato our community's resPOn$8 to tho COVID- 19 pandomlc. Wg worked with thg lo¢al schools. Parish courrils. Medical centre and community groups and set up a central point from which food bank could be distrilwte(l. prescriptions fy)ul¢J bg dolwgrod. shopping wuld bo organised and infomiation could be distribLrtod to those in our comrnunitbgs. It was an importznt •ct of love show lo our community, thg Hub an 4ward from SleyniThJ Parish Councll and a certlficate of appreciation from our local MP. More irnportantly, it f￿11¥ our d$siro to ￿rv• our local eomrbwjnity with the love that God has glven us in sus, and we were glad to be useftjl and active a$ a fellN$hip during thi$ ts"m8. Durfng thls tlme. we promded: nearly 2000 episodes of Intti¥idual support 150 responses to foodbank 600 p￿SeJipIions delivered 65 befriending requests UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 Key polnts for Senl<>Ys Durlng Lockdown.- Face to Face b8Fii8nd- ￿?CaM8 let8ph￿• b•Fii8nd Prw$ion tsf bought food boxes through CHR Prescription delwery 30 Christmas Hampers dÈli¥￿d wrth CINrt￿s Togèther in Steyning Ad￿nt Candles delivered and Valents"nes'You are l￿d. bags Post L￿kdoWn.. Prksrlty to maintain alraady irwtilv￿ in the ￿frE8ndIng ¥¢home Aware that seniors needs post lock down will be thaThJing- need to evaluale where we are Looklng to re-start Frfèndshlp Lunch In smajlèr groups pÈrh8ps morè frÈquènUy LOO￿n9 to faci1it8le Some them8d cafes. I￿lu(￿r￿a dementia czfes a8 lockdrnvn continueB to ease K•y polnts for famili Durfng Lockdown.. Food Bank 1.1 support by phone, texts. dwrstep viths- now Some faco to f￿016 pos¥lblg Chrl8tmas hampers Advent Candle8. Valenllne8 You are loved, bags delivered to approx. 30 famili8s Craft and actl)rity packs for summer hclldays. ch￿stmaS and Easter for 30 famHi&s Parent's Plts Stop under 5.8 parents supp)rt groups durlng kKkdrh￿ 2 and 3 - 20 lamUl•s ongW In placo of Poth"va Play Onlin• parenting eours•- 5 f8mlJS•s Weekly Sunday videos Po¥t Lo¢kdown.' R¥slart•d 2 w••Wy S•Mk>n$ of Poslllv• Play ¢0 •c¢ommod•t• 24 f•mlll•s- up lo 30 or• curmnlly on thé reoister P8rentlng gro￿5 to after June Half Tem) rf posslblo A8s08S tho n88d wiéh WSCC for Beftiend input in light of Ihwr closing ol Family Centres Work witr Horsham Di$trlct Counell to 9•t pufamily 7Harkor to support mor• famlly group and support actmti Famlly approprfat¢ ¢hur¢h Acti￿118$- Mu(SJy Churth-to begln summer Wbth th• oxeapti¢)n of a short gap betWOon Lockdown 1 and 2 café had to bg c105ed in *rcord811ce with gov¢rnmnt guid¢lino frtsm 23rd Ma￿h 2020. The $p¥¢e was wdl used lo host the Communlty Hub Re$pon centre during the first N¥0 lockdowns. We arn now makiNJ plans to re-open intlially lor three mornings a week for Tuesday 18th May 2021.we are consdous that our voluntsers pool is much reduced and will be looking Into Op￿on$ to rewit morg wlunteers and pos$lblo source fundirKJ lor a c￿e part tlme staff membor rnO￿ng f¢Jward. UPPER BEEDING BAPTIST CHURCH= THE HUB. BEEDING TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 ibilit*•8 in v• tion The Truslees of Upper Beeding Baptist Church.. The Hub. 8eeding. are responslblè for prèparing thè T1￿$téèS, Report and th& accounts in aeeordanee wrth applicable baw aNI Unrted Kingdom Accountsng Standards {Unlled Kingdom Generally Accgpted Accounting Praclice>, induding Financ4al Rèporting Standard FRS102 Yhé Financlal Reporting Stsndard appllcatA6 in th• UK and Rewblic of Ireland,. Charity law requires the Trustees to prepare accounts for each fina￿al year which glve a true and f￿r view of the slate of affairs of tha charity and of tho Incoming resources and applI￿110n of resources. ty)duthnu trh• ineo)m• al￿ &Xp•r￿ltWo. of the charity for that year. In preparlng these accounts. the trustees a￿ requirnd to: $•l•¢t $urt•bb a¢¢ounting policies and apply them con8iStonlJy; obsem the methods 8nd pdnelples th tho Chrlll•s SORP,. mako jvdgfjm8nt$ and estimatss that are reasonable and wildwit,. arky prepare the accounts on the golng concwn bo818 unte$8 It18 Inapproprtata to pre8uma that the charlty will c¥ntlnu• In op•r•tion. The Trustees are responsiblè for k••plng prop•r •c¢ounting records that disdose with reasonable accuracy at any Ilmg tne ffnanclal p06kUon of the d)arity and enatAe them lo ensuro that Ihe acLounts Cotnply with Ihg Chgrltlo$ Act 2011. They are also responslble for safeguarding th• gssets of th• ¢horfty and hen¢x for taWng Teasonable slep$ for tho prevents.on and detection ol Iraud and other irregularityes. Approved by the board on ..... .. Slgned on behalf of the board of trustees RAGrah Trna•ur•r UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING Ind•p•nd•nt •xamin•Vs r•portto th• tru•tee• off Upper Bee£fing BapO•t Church: Thk Hub, Beedlng I reFort on thg a¢￿Ints of the Charlty ft>r the year endod 31 DeC9m￿r 2020. whbr*t ar& sot out on pag8s 9-18. Re•pon•ibilitio• #nd bag1• of rnport As the trusteès of tha Charity you are ￿pOnS￿l be for the preparation of the accourts In accwdancg ￿￿th Ihg r8qulrements of the ChBTlties Act 2011 {Ih8 2011 ACY). H8￿ing Èa115fiÈd myself that thè aeeounts of the Ch8rty arg not required to b8 authted ar￿ ar• •llglbl• for Ind•pendent examination. I report In respect of my examination of your charity'¥ accounts as carrled out under sèction 145 of thé 2011 Act. In cany.ng oul my Oxamintion I ha4* lollowed thg Dir•ctuns glven by tho Ch8rfty Comrni85ion undgr $gct6on 14515) Ib) ol 2011 Act. Indopend•nt examln•V• 8tat•ment I have Completed rny oxamirsalion. I confinn th)t no mottern havè to my attentlon In mnngc￿On wlth the ex•mlnatlon9ivlng rrB causa to belie￿.. {11 acc*Juntlng re￿rdS wero not k8pl In ros￿ of the Charfj￿, or 121 the •¢eounl8 do not awd wtth those [9c￿th; unts to be reached. Jo than Alken$ ACK DCHA for and on behalf of TC Group The Courtyard Shoreham Road Upper Beeding Stoyning West Su#sÈx BN44 3TN UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 DECEMBER 2020 T¢)t•l 2020 fund• 2019 Ineorng from: Donations and legathg Charllable acllwties (Xhw trading acJJ¥llle8 Investments OIIKr In(yJme 147 815 S￿9 21 138.e07 7A66 874 21 &32.710 3.707 38.023 282 6,660 290 22.750 T¢>tAI Incom• 145212 89.755 234967 397,472 Exp•ndltyv• *)n: Chwbtsble acti¥ttle$ Oth•r expgnditwe 132.102 3,304 12.672 47,664 1M,774 60.958 475.715 14.789 Total 0Xp•ndl￿1*. 13SA06 110,32• 246.732 4￿,504 N•t Incom•ll•xp•ndltyr•) 120.071} 110,7861 (93.032) Trnn•ff￿ b•twwn lund• Gro$¥ transfers in Gn)88 transfers ￿t 11 .767 164.737) 12,237 12436n 89,1)Ib4 198,640 189.0041 (196.640) 7.399 110.710 {93.032) Total bJnd$ tKoughtlorw¥rd 44.399 149.012 Tolal funds carrled fonMrd 12 26.235 18.980 48.216 55.980 UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING BALANCE SHEET AS A T 31 DECEMBER 2020 2020 2019 Notss Flxod aM•ts Tanglbl¢ assets 8.983 10,535 Currnnt a88•ts Cash at bank and In haThl 39.552 48.705 39.552 48,705 Credltors: amounts falllng du• wlthln one year 11.300) 11.2601 N•t etsrnnt •M•ts 3&212 45.44S Total ag•ot8 curr•nt Ilabllltle• 45.216 56,980 Not a**•ts 46,216 66.980 Th• fund• ofth• charlty Vnrestrlcted funds Restrtcted funds 28,23S 18,980 44.399 11,581 11 45.216 55,980 Tho charlty Is ontrtled to tho oxamplion froffl tho audil roquirofflont for tho yoar ended 31 December 2020. No member of the charity has depDsit8d a rwAice. wquiring gn audil of thg8e accounts. The trusl••s a¢knowl•dge th•ir r•sponslbllRl•s tr. lal ensuring that the charity keeps aceounting [B￿rdS which comply with the CharJtles Act 2011',and (bl preparing accounts which g￿e a true and f8ir view of the stste of affairs of the Chartty as at the end of the rinancial period and of its incoming resources and applicatsjn of ￿$oUrCes, including its income and oxpenditure. tho ftnan¢W poriod $0 laf a$ aWKcabbg to tho tharity. Thg n¢1￿ on pog•$ 1110 18 fr*mi port ofthw •¢counts. Tha 8ccounts were approved by the Board on ...... .... .. R A Graharn Tr•asur•r UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2020 A¢¢ountlng pollcl Basls of pr•paratlon and going eont•rn basis The accojnts have been undor lh• Church Accourting Rogulations 2006 in 8ccord8nca wlth the Finanry81 RÈporting Standard applicable in the UK and Republic of Irgland {FRS 1021 (effective l January 2015)- (Charities SORP {FRS 102)) and tho Charilies Act 2011. Upper 8gedin9 B¥ptisl Church.. The Hub. Booding meèts the OèfiNlon of a publlc b8nefft enyty undgr FRS 102. Assets and Ilabiliyes Inltially wnssgd at historical cost ortransath.on valu8 un￿sS othèrwisè slated In the relevant o¢¢ounting Wl¢y note(¥). After maklng appropriatè ènquiries. the trustees have a reasonable expectatlon that the charty has adèquata r8sourc8S to contlnua In opèrational exr8tsnc• for the fore8eeabt6 futuro. Th18 Includes takong Into attount any polènt1￿ impact tsf the COVID_19 panderr*. Thérè arè no materfal uncertwntiu 8bwt Uppgr B9¥d￿9 6optl¥t Chwch: The Hub. B￿ding'S ablllty to contlnug a8 8 golng concom. The finandal statements are prepaT8d In slafllng. which is thè fundional currency of th8 company. Monetary amounts In th95e finwval ¥tslements are rounded Io Ihe ￿arest pound . Ca•h Flow Slat•m•nt In ac¢x(dance with Sectlon 7 ot FRS 102 the ¢harfty is dairnlng ex•mpth)n from the requlr8menl lo propar• a ¢08h flow Btatemont on acc￿nt of its sbze. In¢om• Donations and oth¢rfoms of ¥olurtary incorne ar• rocognisod a8 Incomiw re8ourcAswth•n racolvabla, •x¢•pt Insofar as they art irtCapa￿e of fina￿al Tha8ur¢m￿t. Income from Charitable activities comwiS￿ grants awanl•d for und•tsken by the charity. Gran18 are credited to the Slatemenl of Financial Acbvilies in th¢ year In whi¢h they are receivabl8 unloss a grant Is 8ublect to donor Imposed ￿nditionS Ihat spei?fy Iha time P￿0d in whiGh thg expgn(litut9 ofthe rp8ourGe8 can take place.. in which case they are deferred. Inv•stmont inwme i¥ accounted for on a recosvablo basis. InC0Th￿ from Ott￿ tradlng acthiikn repraswts th• of good¥ and and is rOr￿gnIsed when re￿[vabl￿. Exwndltur• Expenditure Is accounted Yor on an accruals basis wth Ihe irr8covgr8ble element of VAT Included wrth the item of expense lo which it rBlates. Charitabl• •xp•ndrtur• comprAes th¢>s8 coth incurrpd by the tharity in the dglivery of its actiwlies and se￿¢eS lor ils bènefioarles. Govwnan¢s l(rt¢luded within supm costs) indude thoso costs associated wrth meeb.ng th constitutional and ststutory requirements ofth& charlty and include auditfee3 costs linked to the strategi management of the Charity. These a￿ now fftdLwJed as suppori eosts. All cr45ts are allO￿ted betsbwn expgndilwe ￿rIeS ofthe SOFA on a basis designed to reflect the use of the resourco. Costs relating to a pathcular activity ar8 alhxat8d dkgcuy. t)thors ar* apportlongd based t)n estimat•d usag• as a proFKxtion ol directly 8t1ributab￿ exp8nditur8. UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Accountlng Polle108 Icontlnuod) TaThglble fixed ag•ets and depreclatlo Tangible fixed a88ets oro ¢W¥lW at c•st ond d•Wed￿ed o¥tr thelr estlmated useful economic life on a strgighl line ba¥15 as follows: Asset category Annual rat• Flxtures and fftting8 Computer equipment 25% Fund •¢¢ountlng Funds h•ld by th• ¢harlty ar• èlth•r. Unrestrfcled general funds - these arè fund8 which can bè uséd ln accordancè with th• CharItab￿ objects at th• di¥¢rclion of fv trustees and which have not been desvJnated for other purposes. Reslrtctsd fun(I8 - those are funds whlch arg to be u8eil kn a0￿rdanc* wilh 8p8cfflc re81rlct￿nS imposed by donors which hav? been Tai¥ed by thè eharity for parlieular purposes. Thg cost of raising and adminl$l•rtng such funds are charged against the speafic ftjnd. The airn an¢J usg of èaeh f￿1r[Clad fund is set ¢>Jt In the not88 to thg 8¢counts Taxatlon AS a ¢h#rity, Uppèr Bèèding Bapust Churth.. The Hub. 808¢thng l¥ oxompt from lax on Incom• •nd galn$ to tho oxtont that these are applied to its charitabl¢ obJ¢*. Cr•dltorn and prnvhlon• Crèditors and provl8ion8 ar• recognlsed where Ihe eharlty hag a present obIl￿on rosurtlng frorn a past ev8nt that wlll probabty result in the transl•r of fund$ to a thlrd party and th• amount duo tQ sett￿ obllgat1on can b8 meaBured or 08timated rel14￿Y. C••h It b•nk #nd In h•nd Cash at bank and in h•nd IndLhJ•s c•sh gnd short term hlghly liqud investments. The TW¥t￿ se8k to us• short term doposfts where poswtle ￿ maximlte the relum on monles hgld at thg bank and to manage ca¥h flow. K•y ••tlmal•• and }udg•m•ni¥ In the applicatlon of thg charitys aceountFng ￿￿1•$. thè tnJst8es arè rnqulrod to mak8Judgements. e8timot¢$ and assumptions about the caThying amvunl of as•9ts aThJ liabifili•$ that ar• r￿t readlly apparent from other sources. The eStiffla￿ and *¥$od¥led as$uWKJn$ arn based M hlstorical experferth and other factors that are cOn￿dered to be relewant. Actual resulls may differ from these estimates. The esUmate8 and underfying a￿Umpti￿$ are reviewed on an ongolng bas￿. Ra￿s1OnS to accounting ¥sllmot9$ arn rwnis•d in the perb)d In whbth the estimate is revised. The trustees do notconslderthal therE are anyeritical estimat69 orareas ofludgement that nogd to bo brought to the attention 01 the readers of the ￿￿9￿101 ¥tatern8nls io UPPER BEEDING BAPTIST CHURCH: THE HUB, BEEDING NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Totsl 2020 Total 2019 fvnd¥ fund* Sundry d¢)nations BeFr5end Off•rfngS Glvlng Charity ¥￿J¢h￿S 1.248 1346 1800 14729 32,940 14.729 18.465 18A6S 16.326 95,737 88,708 30,533 Hub ffjfvrbishrn•nt- Gift• Glft •ld rthind 2.010 2.010 20.303 20.303 T•tsl don•llon• and 1ogacl•• 134.797 JJ10 138.6D7 332,710 ¢>anls 24.C( 22.760 Totsl oth•r Incom• 22.7SO Chlldr¢n ¥nd tsmlty wo Communlty soniors %wJrk B•Fthd Frtendshlp lunch Cuh Mini8ty Cubg vl•lt 1.198 351 2,089 650 Totsl charmable a¢llvltl•• 816 6.660 7A66 3,707 b café Ltitknng8 So¢lo1 Prescription Income Communtty Hub Respon86 HD Comnwnty Hubs 8280 1.319 12.000 26.501 16.794 19,725 3.168 15.140 1.319 12,C 26.501 18.794 Total ¢Ah•r tr•qllng •cfj¥ftkn• 64.874 Int•re8t reeel¥td 21 21 282 Totsl lnV••tn￿ts 21 21 282 Tot•1 Incom• and •ndowm•nl• 145.212 89.7SS 234.967 397,472 Further dotalls of the restricted grnrii• ar• •hThwn in 11. li UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 4 Analy818 of expendlturo T01al Total •t• 2020 2019 Hub Basg Hub Staff Hub Mlsslon Hub Communlty WLYk Suppt)rt costs 1.740 70.332 3.S72 89.414 94726 70.332 25.644 2.772 1.31JO 336.767 87,020 38.424 6,537 6.967 2.772 1.3C() Totsl charlt*bl• •¢tiviti 72.on 3.572 119.130 194.774 476.715 Hub Café Communlty Hub R•$pon HD Comm*Jnity Hubs 7,977 12.059 3.834 10,494 16.794 11,611 22.fj63 16.794 14,789 T¢)tal oth•r •xp•ndSturo 20.036 30,922 60,068 14.789 Totsl •xpond￿l0 91108 3￿72 1150.OS2 246.732 49J,504 Support ¢o•ts 2020 2019 Govem*nee costs Ilndependent examlnalSon) Staff tralnlng IJOO 1,280 5,707 6.967 12 UPPER BEEDING BAPTIST CHURCH= THE HUB. BEEDING NOTES TO THE ACCOUNTS (CO￿rINuED) FOR THE YEAR ENDED 31 DECEMBER 2020 8 Employ•oS Numbor of amployq•• th¥rliy gmployed 4 employees during the year (2019: 3). Employm•nt costs 2020 2019 Wages and salaries S¢¢lal $ecurtty costs Penston costs 67.M1 19.001 15.168 53,965 18,930 14,216 92.108 87,020 T￿rts wér8 no employee8 wh08e annual erM)luM￿ts w•ro £80.000 ty mgTr12019'. non•). The key managemont po[w￿n91 of tho chafbty o)mprtso Ihe Mlnlsler. Rev Pèter J 8Lrtther8. The mlnistar Is pald abov8 thè Standard BapY8t Unlm SUF￿d. Durfno the year trustees wwe relrntAty8ed expendlture totalllng £1,271 {2019.' £2.022>. All tho Iru$lo08 tJona¢e Iholr Ilme spont funnln9 charity on a volur)tsry ba818 and do not rèeelvè any r•munor¥llon for Ihgir work aB tru8lee3. T•nglblo fix•d •M¢ts Flxturw4 & Comput•r Fltting• •quiprn•nt Total Co•t At 1 January 2020 16,964 715 17.679 A¥ at 31 D•c•mb•r 2020 1e,984 715 17,679 Depreclallon Al 1 January 2020 Charge for the year 8,786 3,393 358 179 7.144 3,672 At 31 D•c•mb•r 2020 10.179 537 10.716 Net book value Al 31 D•c•mb9r 2020 6.785 178 6.963 At 31 Dec8mb*r 2019 10.178 3S7 10,535 UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING NOTES TO THE AccouKfs {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 Cr•dltars: am¢unts falung du• wlthln one y 2020 2019 Accrual$ 1.300 1.280 1.300 1.260 10 Eryloy•o B•n•fft Obllgatlon• Baptigt P•Mlon SGh•m• The Church18 an omploy•r participatbw in a pon8ion 8ch8me known as thg Baptist Penslon Sch8me IBPS). Tho 8cheme18 managed ty the Pension Truslee (88pllst Pon8lon Tnjst Umltod>. The Mlnlster and $1off rMml)•r8 ar• to ￿1ft tho Sc*eme. whKh 18 not contracted out of the Stats Second Pgn8bn. From January 2012, pan￿(￿ provlslon Is belng made through th• D•fir•d Conlrfbutlon (DC) Plan wllhln th• Schem8. In general nwmbers pay 8% of thelr pensionable incom8 and gmployfrrs pay 6% of mgmber¥' P9n8i¢)nabl? Income into Ind￿￿ual penslon acLounts, wNch are operated and managed on behalf ofth• Pansion Trustee by L&gal 8nd General Life Assuron¢• So¢iety Llmited. In addition. the employer pay8 a further 4°k of pensionable Income lor 3& If the employer Is In Ihe sggf8gatgt1 DC $￿tiOn) lo Cover Death in Servlce Benefits, adrninislTative co818. arKI an assoclated Insurance policy whKh prowdes Inet)me protectlon for Schamo m•mbars in the event that they ore unable to work due to loTrJ-term incapacty. This incon)8 proteCt￿n pollcy ha$ bèèn Insured by the Baptist Union of Grgal Britain wrth Unum knrnrt￿. Members of the Basie Sectitsn pay reduced contributions of SQA of penslonable income. and th¢lr •npk*y•r$ •l$o p•y • totst of 5%. Bènefits In respect of sQ￿ce wlor to 1 January 2012 ar¢ provi¢Jgd through Ihe Defined Benefft ID81 Plan wlthln lh• Sthemg. Tho main benefits for pre-2012 serv{￿ were a defined penslon of one e&￿ti61h of Final Minimum Pansionabl8 Ineome lor •8ch year of penslonable servlce. together wlth addltional pgn$lon In T8SP8Ct of premlums pald on pen5ionablg in ex￿$S of minimum penslonable income. The Stheme, prewously known as Ihe Baptist Ministers. Penslon FLsnd. started In 1W25. butwa8 dos•d lofuiur¥ of definod ￿n&fill on 31 Dec8mber 2011. A fomial w1Ua￿On of tho Benofil Plan was pOrftKM￿ at 31 December 2013 by a profosslonalty qu8llfled Actuory u$lng the Prolecied Unit Method. Tho market valuo afthè DB Plan aslèts atthe valuation dale was £182 mllllon. The valuatlon of the DB Plan rgve•lod a defi(¥t of a￿eth C￿￿P￿0d wlth the valua of liablll*•s of £84 mllllon (equivalent to a past SorNi¢s funding level of 66%). As a resull of Ihe valuatlon, In addltlon to th• contributiDns to the DC plan set out above. It was agreed to Increase th• stsndard r•t¢ of defioenry contributions from churthes and other èmployers Involved in the DB plan fI￿n 11% of pensionablè In&*nèlMinlmum pÈn#ltinab￿ ineomè io be based on a 12% rate from 1 January 2016. The wntsityjtions ar• basèd on 88ch ¢hur¢h'8 OT other employgrf¥ P08ition at March 2015. Some churches and othw èmploy¢rs thal were involved in the DB plan for a short period now pay less than 12%. The Recovery Plan envisag8$ d$fic4enw ¢ontribulions continuing until 30 June 2035. 14 UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020 10 EmployM 8on•fft Obllg4tion$ 1.964 {$4.942) (8.3C6} 28,279 (3691 9,774 13,099 28,501 16.794 (22,574) (16,794> 3,927 11,581 89,755 1110.326) 27.970 18,980 Cuba Mlnl8try- Monlos donated lor goods arKI resources to be taken on Cuba Mlsslon trfp. Ifisll In 2020 cancelled due to Cowd. Cuba Vi8lt- Monles recelved for mission trip lo Cuba arKI thÉrt paid out for said mL88knn trip. Vlslt In 2020 ¢ancèllèd du¢ 1¢ Cov¢d and •ll mni•$ r•frJndod. BeFrlènd -The BeFriènd Fund nN)ni8s ar8 lor support and expenses In o)nnoction with th9 8gFriend stheme of trained volunteers working with families of young children ty with oklèr pèoplè for whom life has bacome lonoly and challenging. Hub R•furblshmont- Grtnt and monles donated to fund tho rnfurt)I$hm￿I prqloGt. All rK>sts have been met and the fund closed. Soclal prg¥vlptl¢)n- This fvnd is forthe part lime work ol Iwo of our slaff members workin9 In partnershlp wlth GP'S and other a9encl¢s In support of adults and ehlkjren who want to make posilTve i*anges to improve their he8lth and wellbeing.. Commynlty Hub Response-monies donated to supwt Ihgwryk of rwting the c*rri•d n¢J¢Jds of members of the Etscal eOTMiunity inrtially dua to Covld [￿kdOWn but continuing due to health and finar￿181 $ituationg. HD Communlty Hubs- Managernent of furKJs don8tsd across Horsham dSslrici for the work of local Hubs and chanb.es suppo￿"ng thair loca o)mmunit￿ during the Covid lo(*(kA¥n. Mtsnies bèlng dtstrlbut8d by tho Trusta8S USITVJ information KKovided by Horsham Dislri(* CouncAI. UPPER BEEDING BAPTIST CHURCH: THE HUB. BEEDING NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2020 12 Ana￿1• of not •880¢s fund• Unmtrlet8d Ro•trletod lund¥ fund* Totsl Fund balances at 31 Cjeeember 2020 •r* 1•pr￿n1•d by:" Tanglble fixed a88et8 Current assets Crodrtors.. amounts 18lltng dua wlthln one year 6,*3 20.572 (1,300) 6.963 39,552 11,Joo} 18,980 18.gUD 40.215 UnY••lrfet•d fvnd• R••trlct•d furtd• Total Fund b818n¢e$ 813108cember 2019 are represented by:" Tangible fved assets Curront as88ts Crèdltors.. amounts falling du• wthln M• yoor 10,535 35.124 {1.260} 10,535 46,7OS 11.280) 11,581 44,399 11,581 55,980 13 Control Tho ch8TIty Is under1￿ eontrol ofth• Trttsto•s. 14 Ch•rlty Inlormatlon Upper Beeding Baptist Church.. The Hub, Beading is a Charflablp Incorpow¥tgd Organisation rggi8tg1od in England and Wales. The d)arity's rsgl$tered number and fegi8tered office address can bo found on the Iggal and admlnlstrallve Infom•iiM page. 16 ## **Document Activity Report** ## **Document Sent** Fri, 18 Jun 2021 08:48:50 GMT ## **Document Activity History** Document history shows most recent activity first ## **Date** ## **Activity** You can verify that this is a genuine Portal document by uploading it to the following secure web page: **https://tcgroup.accountantspace.co.uk/messages/VerifyDocument**