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|Table ofContents|Table ofContents|||
|---|---|---|---|
|Annual Report and Accounts.||||
|Report ofthe Trustees||||
|Objectives and activities.||||
|Our aims.|||..3|
|Our objectives....................|||3|
|Our communications
..
Strategies. ...................|||3„4|
|Grant making policy.|||5|
|Staff.|||5|
|Use ofvolunteers. ..||||
|Activities and achievements.||||
|How our activities deliver|public benefit.|||
|Religious activities.||||
|Structure, governance
and management.||||
|Organisational
Structure|..|||
|Recruitment
and appointment||oftrustees. .|9|
|Induction
and training of|trustees.||..10|
|Risk Management.|||.10|
|Financial review ..|||10|
|Reserves policy|||.10|
|Principal funding sources|and|financial performance ...|.11|
|Investment
policy and objectives ..|||.11|
|Trustees and Administration||..|12|
|Trustees during the year|||12|
|Independent
examiner|||12|
|Name ofthe bankers.|||12|
|Independent
Examiner's|Report to the trustees of Ross-on-Wye Baptist Church ................13|||
|Responsibilities
and basis of||report||
|Independent
examiner's|statement .||13|
|Statement offinancial activities..||||
|Balance sheet .|||.15|
|Cash flow statement ..|||.26|
|Notes tothe accounts .....|||.17|
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||Notes|Unrestricted|Unrestricted|funds|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||General|Designated||funds|funds|2022|2021|
|||||||f|f|f|
|Donations
and legacies|2|156,065||1,000|30,507||187,572|188,897|
|Charitable
activities|3|4,293||18,803|6,549||29,645|7,029|
|Investment
income|4|692||3|||695|391|
|Total income||161,050||19,806|37,056||217,912|196.317|
|Expenditure on:|||||||||
|Charitable
activities|5|137,988||15,401|25,382||178,771|192.926|
|Total expenditure||137,988||15,401|25,382||178,771|192,926|
|Net income|6|23,062||4,405|11,674||39,141|3,391|
|Transfer between funds||-2,499||2,499|||||
|Net movement
in funds||20,563||6,904|11,674||39,141|3,391|
|Total funds brought forward||127,967||53,040|40r351|50,000|271.358|267,967|
|Total funds carried forward||148,530||59,944|52,025|50,000|310,499|271,358|
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|||||||Notes|2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
|Cash flows|from operating||activities:||||||
|Net income|forthe|year as|per the statement||offinancial||38,446||
|activities|||||||||
|Adjustments|for:||||||||
|Depredation|charge||||||2,645|2,645|
|(Decrease)|increase|in debtors|||||-186|2,455|
|(Decrease)|Increase|in creditors|||||-24,613|-1,931|
|Net cash (used)/ provided|||by operating acthllties||||16,292|6,169|
|Cash flows|from investing||activities||||||
|Investment|interest||||||695|391|
|Capital expenditure||on property|||||||
|Net cash used in investing|||activities/capital||expenditure||16,987||
|Change in cash and||cash equivalents||in the|year||16,987|6,560|
|Cash and cash equivalents|||atthe beginning||ofthe year||175,801|169,241|
|Cash and cash equivalents|||atthe end|ofthe|year||192,788|175,801|
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|||||Unrestricted|funds||Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|2|Donations and legacies|||General
f|Designated
f||fundsf|Totalf|Total|
||Offerings and gifts|||133,656|1,000||28,340|162,996|159,214|
||Income tax recoverable|||~22409|||2167|24 576|29683|
|||||~156065||||||
|3|Income —charitable activities|||||||||
||Use ofpremises|||377|18,803|||19,180|6,164|
||Outreach|||1,654|||4,308|5,962|811|
||Youth work|||2262|||2241|4503|54|
|||||4293|18|803|6 549|29645|70 9|
|4|Investment
income|||||||||
||Bank interest|||692||||695|391|
||Total income|||161,050|19,806||37,056|217,912|196,317|
|5|Expenditure-charitable||aaivities|Unrestrictedfunds|||Restricted|2022|2021|
||Ministry &mission|||General
f|Designated
f||Fundsf|Totalf|Totalf|
||Saladies &national insurance|||59,864|||5,233|65,097|88,200|
||Pension costs|||3,287||||3,287|5,609|
||Ministry support costs|||1,481||||1,481|968|
||Gifts tospeakers|||875||||875|875|
||Miscellaneous
ministry|costs||3,340||||3,340|4,043|
||Children
and young people|||7,995|||3,155|11,150|5,950|
||Outreach|||1,058|||14,289|15,347|13,593|
||Catering|||1,067||||1,067|1,636|
||Office costs including
salary|||15,838||||15,838|16,347|
||Publicity|||586||||S86|72|
||Sundries
Mission and other gifts||(note 7)|841
~15189||259
416|2 05|1,100
»0|942
9 40|
|||||~111421||675|25382|37 7|157775|
||Establishment|||||||||
||Building repairs &maintenance|||27,731|2,727|||30,458|6,586|
||Equipment
replacement||&repairs|1,044||945||1,989|5,820|
||Light and heat
Water|||6,988
63|3,170
339|||10,158
402|9,237
366|
||Insurance
Cleaning &management|||4,301
~2512
~42 639|1,673
1
6|||S,974
736|5,540
80|
||Expenditure
before provisions|||154,060|15,401||25,382|194,843|190,576|
||Net income before provisions|||6,990|4,405||11,674|23,069|5,741|
||Provisions (non~ah)|||||||||
||Depreciation
Finance costofdiscount
unwind
Reduction
in pension
liability|||2,645
261
~18978||||2,645
261
—0978|2,645
96
-391|
||Total provisions|||-16072||||-16072|2350|
||Total expenditure
&provisions|||137988|15401||25382|178771|192926|
|6|Net income|||23,062|4,405||11,674|39,141|3,391|
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|Charitable donations|Charitable donations|and grants|Unrestricted|Unrestricted|Restricted|Total 2022|Total 2021|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Baptist Home|Mission|||6,600||6,600|6,600|
|BM SWorld Mission||||504||504|1,004|
|AM (Alan gt Pauline Jordan)||||6,600||6,600|6,600|
|Others||||1,485||1,485|2,296|
|Stewardship|Fund (Designated)|||416||416||
|Acts 435|||||2,705|2,705|2,515|
|Jordans|||||||525|
||||||2,705|18,310|19,540|
|Employees||||||2022|2021|
|The average number||ofpersons|employed|during the year was:||4|5|
|Employment|costs|||||E|E|
|Salaries||||||75,537|97,194|
|Social security|costs|||||1,771|3,445|
|Pension costs||||||3,904|6,218|
|||||||81,212|106,857|
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|10|Debtors|||||2022||2021|
|---|---|---|---|---|---|---|---|---|
|||||||E||E|
||Gift Aid tax reclaim|||||6,689||6,822|
||Other debtors||||||565|246|
|||||||||060|
|11|Cash at bank and|in hand||||2022||2021|
|||||||E||6|
||Current accounts|||||19,944||11,635|
||Savings accounts|||||1 2844||64|
|||||||102|780|176 801|
|12|Creditors: amounts||falling due||within one year|2022||2021|
|||||||||6|
||Pension scheme|—contributions|||to deficiency||12|4,568|
||Accruals|||||2,000||289|
||Other creditors|||||1,665||6,603|
|||||||3|677|11460|
|13|Creditors: amounts||falling due||after one year|2022||2021|
||Pension liability||||||||
||At 1January|||||21,429||26,226|
||Finance costofdiscount|||unwind|||261|96|
||Increase/(decrease)||in pension||liability|-18,978||-391|
||Deficiency contributions|||||-2670||-4502|
||At 31December||||||42|21429|
||Amount
falling due||within one year||||12|4,569|
||Amount
falling due||after|one year|||30|16860|
||The liability|The liability|represents|the present|value ofthe|value ofthe|deficiency|deficiency|deficiency|contributions|contributions|at|the accounting|date.
The|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||discount|rate used is4||688(2021:1|388)and the minimum||||pensionable||income||rate 70%(2021:40%).||
||See note|16|below for|more information||about the||pension|liability.||||||
|14|Analysis|of|net assets|between||Unrestricted||funds||Restricted|||Endowment|2022|
||||||General||Designated|||funds|||fund|Total|
||Balances|at|31December 2021|||E||6|||E|||E|
||represented||by:||||||||||||
||Tangible|fixed assets||||64,164|||||||50,000|114,164|
||Current|assets||||88,074||59,943|||52,025|||200,042|
||Current|liabilities||||-3,677||||||||-3,677|
||Non-current||liabilities|||-30||||||||-30|
|||||||148,531||59,943|||40,351||50,000|310,499|
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