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|GENERAL FUND RECEIPTS &|PAYMENTS ACCOUNT|PAYMENTS ACCOUNT|PAYMENTS ACCOUNT||||YEAR ENDING||YEAR ENDING|
|---|---|---|---|---|---|---|---|---|---|
||||||||31/12/2022||31/12/2023|
|Receipts|||||Note|||||
|Offerings|||||3|E|31,857.92||33,168.09|
|Income tax recovered
on gifts||||||E|7,888.89||7,207.40|
|Donations
and other income|||||4|E|580.86||466.93|
|Hire and contributions
for use of premises||||||E|10,182.14||5,896.00|
|Raised for other causes|||||5|E|1,825.22||1,164.00|
|Rent received from manse||||||E|10,200.00||10,200.00|
|Building fund||||||||||
|Total Receipts|||||||62,535.03|E|58,102.42|
|Payments||||||||||
|Ministry|||||6|E|35,902.34||37,824.71|
|Upkeep of church premises|||||7|E|10,422.28||15,179.50|
|Mission|||||8|E|3,191.90||2,937.00|
|Administration
&general expenditure|||||9|E|2,479.94||3,795.95|
|Total Payments|||||||51,996.46|E|59,737.16|
|Net receipts for the period|||||||10,538.57|-E|1,634.74|
|Transfers from General|Fund to Building||Fund|||||||
|Transfers from/to
General||Fund from/to|Community|Evangelist|Fund||10,000.00|E|5,000.00|
|Balance - at start ofperiod|||||||8,427.38|E|8,965.95|
|Balance - as at end of period|||||||8,965.95|E|12,331.21|
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|||YEAR ENDING||YEAR ENDING|
|---|---|---|---|---|
|Receipts||31/12/2022||31/12/2023|
|Envelopes
and other income|||||
|Legacy|||||
|VAT recovered|||||
|Total Receipts|||||
|Payments|||||
|General repairs &improvements|||||
|Total Payments|||||
|Net receipts for the period|||||
|Transfers to Building Fund from General|Fund||||
|Balance - at start ofperiod||439.50|E|439.50|
|Balance -as at end of period||439.50|E|439.50|
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||||||||YEAR ENDING||YEAR ENDING|
|---|---|---|---|---|---|---|---|---|---|
|Receipts|||||||31/12/2022||31/12/2023|
|Envelopes
and other income||||||||||
|Slee Blackwell final distribution||||||||||
|Interest received|||||||298.78||1,537.35|
|Total Receipts|||||||298.78||1,537.35|
|Payments||||||||||
|Interest||||||||||
|Total Payments||||||||||
|Net receipts forthe period|||||||298.78|E|1,537.35|
|Transfers to Community|Evangelist||Fund|from General|Fund|||||
|Transfers from/to
General||Fund from/to||Community|Evangelist|Fund|10,000.00|-E|5,000.00|
|Balance - at start of period|||||||71,821.45|E|82,120.23|
|Balance - as at end of period|||||||82,120.23|E|78,657.58|
|FINANCIAL STATEME|NT FO|R THE YE|AR ENDING|31DECEMB|ER2023|||||
|---|---|---|---|---|---|---|---|---|---|
||||||BALANCE SHEET AS AT|31/12/2022|BALANCE|SHEET AS AT|31/12/2023|
|Statement ofAssets|and Liabilities|||||||||
|ASSETS||||Note||||||
|Bank~an
n
s||||||||||
|uoyds Account||||||||10,741.02||
|CAF Cash ACcount|||||9,405.45|||2,029.70||
|80CAccount||||||||75,153.08||
|CAF Gold Account|||||82,120.23|||3,504.50||
|||||10||91,525.68|||91,428.29|
|LESS LIABILITI 5||||||||||
|Short term Loans from Members||||||||||
|TOTAL ASSETS LESSTOTAL||LIABILITIES|||6|91,525.68|||91,428.29|
|REPRESENTED BY:||||||||||
|GENE~RA
F
NG||||||||||
|Balance 1stJanuary|||||8,427.38|||8,965.95||
|Surplus/De/ficit
during|Year||||10,538.57||-E|1,634.74||
|Transfer to Building Fund||||||||||
|Transfer from/to
Community||Evangelist|Fund||10,000,00|||||
|Balance 31stDecember||||||8,965.95|||12,331.21|
|BUILDING FUND||||||||||
|Balance 1stJanuary|||||439,50|||439.50||
|Surplus/De/left
during|Year|||||||||
|Transfer from General|Fund|||||||||
|Balance Sist December||||||439.50|||43980|
|COMMUNITY
EVANGELIST||FUhiD||||||||
|Balance 1stJanuary|||||71,821.45|||82,120.23||
|Surplus/De/fcit
during|Year||||29L78|||1,537.35||
|Transfer from General|Fund||||10,0M.OO|||5,000.00||
|Balance 31stDecember||||||82,120.23|||78,657.58|
|TOTAL RESERVES||||||91,525.68|||91,428.29|
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|3|Offerings|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2023|
||Sunday offerings||- envelopes||E||17,173,92|E|16,269.09|
||Sunday offerings||- plate|||||||
||Standing
Order|offerings|||E||14,684.00|E|16,899.00|
||Total Offerings||||E||31,857.92|E|33,168.09|
|4|Donations
and||Other Income|||||||
||||||||2022||2023|
||Communion
offerings||||E||27.20|f|51.50|
||Other income||||E||253.66|f|81.43|
||Gift Day||||f||300.00|f|334.00|
||Lee Abbey training||||E|||f||
||Total Donations||and Other Income||||580.86|E|466.93|
|5|Raised for Other Causes|||||||||
||||||||2022||2023|
||Home Mission||||E||70.00|E|438.00|
||BMS World Mission||||E||1,340.22||521.00|
||Other Mission||||f||415.00|f|205.00|
||Total Raised for|Other Causes|||E||1,825.22|E|1,164.00|
|6|Ministry|||||||||
||||||||2022||2023|
||Minister's
stipend||||E|'|18,956.40||22,043.84|
||Baptist Pension|Fund DC plan employer||contributions|f|||E||
||Baptist Pension|Fund DB plan deficiency||contributions|E||2,192.36|E|12.00|
||Minister's
travel||&other expenses||E||1,285.73|E|1,587.23|
||Music &worship||expenditure||E||701.77|E|736.14|
||Training &teaching||||E||41.57|f|373.79|
||Manse rent, council tax &water expenditure||||E||12,584.33|E|12,775.48|
||BU Subscriptions||||E||140.18|E|296.23|
||Total Ministry||||E||35,902.34|E|37,824.71|
##
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|7|Upkeep ofchurch|premis|es|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||2022||2023|||
||Lighting and heating|||E|929.04||2,768.47|||
||Cleaning &catering|||E|1,621.50||2,197.73|||
||Insurance|||E|4,647.39||4,943.74|||
||Repairs and maintenance|||f|3,139.35||4,869.56|||
||2 Coronation Street|||E|85.00||400.00|||
||Total Upkeep ofchurch premises|||E|10,422.28|E|15,179.50|||
|8|Mission|||||||||
||||||2022||2023|||
||Home Mission|||f|715.00|f|500.00|||
||BMSWorld Mission|||E|1,631.00|E|661.00|||
||Sunday School Youth|Work||E|104.90|f||||
||Other mission|||E|170.00|f|1,200.00|||
||Publicity &outreach|||f|571.00|f|576.00|||
||Total Mission|||E|3,191.90|E|2,937.00|||
|9|Administration
&general||expenditure|||||||
||||||2022||2023|||
||Church office|||E|1,101.63||1,254.46|||
||Subscriptions|||f||||||
||Equipment|||E|66.31||487.99|||
||Other administration|&general expenditure||E|1,312.00||2,053.50|||
||Total Administration|&general expenditure||E|2,479.94|E|3,795.95|||
|10|Reconciliation
-Bank Balances &Funds|||||||||
|||||||31/12/2022||31/12/2023||
||Uoyds Business Account|||||||E|10,741.01|
||Bank Balance - CAF Cash Account|||||E|9,405.45|E|2,029.70|
||Baptist Union Corporation||Account|||||f|75,153.08|
||Bank Balance - CAF Gold Account|||||E|82,120.23|E|3,504.50|
|||||||E|91,525.68|E|91,428.29|
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|Type ofassumption|||96pa|
|---|---|---|---|
|RPI price inflation
assumption|||3.209o|
|CPI price inflation
assumption|||2,709o|
|Minimum
Pensionable|Income increases|(CPI plus 0.759op.a.)|3.209o|
|Assumed
investment
returns||||
|- Pre retirement|||2.959o|
|- Post retirement|||1.709o|
|Deferred
pension increases||||
|- Pre Apiil 2009|||3.209o|
|- Post April 2009|||2.509o|
|Pension increases||||
|—Main Scheme pension|Pre April 2006||2.709o|
|—Main Scheme pension|Post April 2006||2.709o|