| Contents | Page | |||
|---|---|---|---|---|
| Report ofthe Trustees | ||||
| Independent Examiner's |
Report to the Trustees | 12 | ||
| Statement of Financial |
Activities | (SOFA) | 13 | |
| Balance Sheet | 15 | |||
| Notes to the Financial | Statements | 16 |
| Year Ended 31De | cember 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| Note | Funds | Funds | Funds | 2021 | ||
| INCOME: | f | E | f | f | ||
| Donations and Legades | ||||||
| Offering and Gift Aid tax |
382,290 | 382,290 | ||||
| Donations, other Income inc GA |
||||||
| tax | 1,208 | 23,582 | 24,790 | |||
| Income from Charitable | ||||||
| Activities | ||||||
| Children and Youth |
1,852 | 1,852 | ||||
| Hire of Premises | 24,168 | 24,168 | ||||
| Income fram Investments | ||||||
| Interest receivable | 62 | 62 | ||||
| Total | 409,580 | 23,582 | 433,162 | |||
| EXPENDITURE ON: | ||||||
| Charitable Activities |
||||||
| Staff payroll | 206,711 | 206,711 | ||||
| Staff expenses | 13,811 | 13,811 | ||||
| Donations made |
47,847 | 30,355 | 78,202 | |||
| TLG School | 8,416 | 8,416 | ||||
| Outreach | 327 | 327 | ||||
| Children | 226 | 226 | ||||
| Services and worship | 3,985 | 3,985 | ||||
| Discipleship | 716 | 716 | ||||
| Community | 488 | 488 | ||||
| Youth accounts | 4,057 | 4,057 | ||||
| Premises | 42,323 | 42,323 | ||||
| Office expenses | 14,846 | 14,846 | ||||
| Fabric fund | 1,483 | 1,483 | ||||
| Depreciation | 19,292 | 19,292 | ||||
| Governance Costs |
3,260 | 3,260 | ||||
| Other | 2,077 | 2,077 | ||||
| Total | 369,865 | 30,355 | 400,220 | |||
| Net income/(expenditure) | 39,715 | (6,773) | 32,942 | |||
| Transfers between |
funds | |||||
| Total funds at 31 December 2020 | 554,512 | 16,786 | 636,812 | 1,208,110 | ||
| Total funds at 31December 2021 | 594,227 | 10,013 | 636,812 | 1,241,052 | ||
| 13 |
| Year Ended 31D | ecember 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||
| Note | Funds | Funds | Funds | 2020 | ||
| INCOME: | f | f | f | E | ||
| Donations and Legacies |
||||||
| Offerings and Gift |
Aid tax | 373,564 | 373,564 | |||
| Donations, other income inc GA | ||||||
| tax | 51,358 | 35,162 | 86,520 | |||
| Legacies | ||||||
| Income from Charitable | ||||||
| Activities | ||||||
| Youth accounts | 1,679 | 1,679 | ||||
| Hire of Premises | 14,865 | 14,865 | ||||
| Income from Investments | ||||||
| 5 Lymington Road |
- rent | 1,300 | 1,300 | |||
| Interest receivable | 271 | 271 | ||||
| Tote I |
443,037 | 35,162 | 478,199 | |||
| EXPENDITURE ON: | ||||||
| Charitable Acdvltles |
||||||
| Staff payroll | 256,028 | 256,028 | ||||
| Staff expenses | 7 133 | 7,133 | ||||
| Donations made |
49,629 | 28,476 | 78,105 | |||
| Outreach | 6,231 | 6,231 | ||||
| Children and Youth |
2,432 | 2,432 | ||||
| Services and worship | 2,547 | 2,547 | ||||
| Discipleship | 241 | 241 | ||||
| Community | 2,005 | 2,005 | ||||
| Youth accounts | 3,039 | 3,039 | ||||
| Premises | 32,295 | 32,295 | ||||
| Office expenses | 23,469 | 23,469 | ||||
| Fabric fund | 1,655 | 1,655 | ||||
| Depreciation | 21,736 | 21,736 | ||||
| Governance Costs |
3,550 | 3,550 | ||||
| Other | 429 | 429 | ||||
| Tota I | 412,419 | 28,476 | 440,895 | |||
| Net income/(expenditure) | 30,618 | 6,686 | 37,304 | |||
| Transfers between |
funds | (6,198) | 6,198 | |||
| Total funds at 31December 2019 | 530,092 | 3,902 | 636,812 | 1,170,806 | ||
| Total funds at 31December 2020 | 554,512 | 16,786 | 636,812 | 1,208,110 | ||
| 14 |
| Note | 2021 | 2020 | |||
|---|---|---|---|---|---|
| f | f | ||||
| Fixed assets | |||||
| Tangible assets | 933,508 | 939,701 | |||
| 933,508 | 939,701 | ||||
| Current assets | |||||
| Debtors | 12,816 | 10,632 | |||
| Cash at bank | and in | hand | 297,138 | 260,527 | |
| 309,954 | 271,159 | ||||
| Current Babilltles |
|||||
| Creditors: amounts | falling due within one year | (2,410) | (2,750) | ||
| Net current | assets | 307,544 | 268,409 | ||
| Net assets | 1,241,052 | 1,208,110 | |||
| Funds | |||||
| Unrestricted | income funds | 9 | 594,227 | 554,512 | |
| Restricted funds | 10 | 10,013 | 16,786 | ||
| Endowment | funds | 10 | 636,812 | 636,812 | |
| Total funds | 1,241,052 | 1,208,110 |
| 2 | Governance | costs | Tote I | Tote I | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |||
| 6 | f | 6 | 6 | |||
| Independent | examination | 1,420 | 1,420 | 1,420 | ||
| Accountancy | 1,840 | 1,840 | 2,130 | |||
| 3,260 | 3,260 | 3,550 |
| All ofthe 2021 | &2020 goveranc | &2020 goveranc | e costs were unrestricted. |
||
|---|---|---|---|---|---|
| Staff costs and | emoluments | 2021 | 2020 | ||
| f | 6 | ||||
| Wages, salaries | and social security costs | 186,183 | 224,602 | ||
| Pension costs | 20,528 | 31,426 | |||
| 206,711 | 256,028 | ||||
| Average number | of employees | in period | |||
| Ministerial staff |
|||||
| Administrative | staff | ||||
| 13 |
| No employee (2020:None) |
was remunerated | above the ra | te of660,000 | per annum. | |
|---|---|---|---|---|---|
| Tangible fixed assets | Freehold | Fixtures & | IT& | ||
| Church | Property | Fittings | tech equip | Total | |
| 6 | f | 6 | f | f | |
| Cost / Valuation | |||||
| At 1January 2021 | 636,812 | 298,741 | 13,042 | 39,859 | 988,454 |
| Additions | 216 | 12,883 | 13,099 | ||
| At 31December 2021 | 636,812 | 298,741 | 13,258 | 52,742 | 1,001,553 |
| Depreciation | |||||
| At 1January 2021 | 11,950 | 6,400 | 30,403 | 48,753 | |
| Charge for period | 5,975 | 2,652 | 10,665 | 19,292 | |
| At 31December 2021 | 17,925 | 9,052 | 41,068 | 68,045 | |
| Net book value | |||||
| At 31December 2021 | 636,812 | 280,816 | 4,206 | '11,674 | 933,508 |
| At 31December 2020 | 636,812 | 286,791 | 6,642 | 9,456 | 939,701 |
| 5 | Debtors | 2021 | 2020 | |
|---|---|---|---|---|
| f | f | |||
| Trade debtors | 4,488 | 1,368 | ||
| Accrued Income | 8,328 | 9,264 | ||
| 12,816 | 10,632 | |||
| 6 | Bank and cash | 2021 | 2020 | |
| f | ||||
| CAF | 202,355 | 202,322 | ||
| Lloyds TSB | 1,579 | |||
| Virgin Money | 50,000 | |||
| Boys Brigade | 284 | 284 | ||
| Baptist Union Trust | Account 1 | 7,865 | 7,848 | |
| Baptist Union Trust | Account 2 | 85,002 | ||
| Offic petty cash | 53 | 73 | ||
| 297,138 | 260,527 | |||
| 7 | Creditors: amount | falling due within one year | 2021 | 2020 |
| f | f | |||
| Creditors and accruals | 2,410 | 2,750 | ||
| 2,410 | 2,750 |
| Unrestricted | funds ofthe | charity | ||||
|---|---|---|---|---|---|---|
| 1 | 31 | |||||
| January | Income | Expenditure | Transfers | December | ||
| 2021 | 2021 | |||||
| E | f | |||||
| Designated | funds: | |||||
| Special project fund | 111,862 | 125 | (6) | 111,981 | ||
| Youth account | 27 | 753 | (336) | 444 | ||
| Hall Project | Fund | |||||
| Manse Fund | 4,000 | (4,250) | 250 | |||
| 115,889 | 878 | (4,592) | 250 | 112,425 | ||
| General funds | 438,623 | 408,702 | (365,273) | (250) | 481,802 | |
| 554,512 | 409,580 | (369,865) | 594,227 | |||
| Comparative | information | in respect ofthe | preceding period is as follows: |
|||
| 1 | 31 | |||||
| January | Income | Expenditure | Transfers | December | ||
| 2020 | 2020 | |||||
| 6 | f | |||||
| Designated | funds: | |||||
| Special project fund | 80,821 | 45,408 | (36) | (14,331) | 111,862 | |
| Youth account | 746 | 1,679 | (3,039) | 641 | 27 | |
| Hall Project | Fund | 1,027 | 714 | (1,741) | ||
| Manse Fund | 1,000 | 3,000 | 4,000 | |||
| 82,594 | 48,801 | (4,816) | (10,690) | 115,889 | ||
| General funds | 447,498 | 394,236 | (407,603) | 4,492 | 438,623 | |
| 530,092 | 443,037 | (412,419) | (6,198) | 554,512 |
| Endowment and r |
estricted fu | nds | ||||
|---|---|---|---|---|---|---|
| 1 | 31 | |||||
| January | Income | Expenditure | Transfers | December | ||
| 2021 | 2021 | |||||
| f | f | |||||
| Restricted funds: | ||||||
| Pastoral fund | 6,604 | 10,429 | (12,071) | 4,962 | ||
| Christmas appeal |
(206) | 1,447 | (1,000) | 241 | ||
| Individual support |
fund | 1,641 | 1,641 | |||
| MornOut | 288 | 288 | ||||
| Mission Budget —Blue |
1,860 | (1,860) | ||||
| Mission Budget - Moldova | 250 | 250 | ||||
| Misc Restricted Gifts |
3,142 | 5,611 | (8,691) | 62 | ||
| CAP Money Courses | 500 | 500 | ||||
| Boys Brigade | 1,973 | (486) | 1,487 | |||
| Staff leaving gifts | 734 | 1,917 | (2,651) | |||
| Makaton Course |
195 | 195 | ||||
| Transforming lives |
855 | (468) | 387 | |||
| BMSworld mission |
176 | (176) | ||||
| BMSworld mission |
—Relief | 2,045 | (2,045) | |||
| Albania mission |
907 | (907) | ||||
| 16,786 | 23,582 | (30,355) | 10,013 | |||
| Endowment fund |
||||||
| Church premises | 636,812 | 636,812 | ||||
| 653,598 | 23,582 | (30,355) | 646,825 |
| Comparative Info |
r | mation In |
respect ofthe pr | eceding perio |
d is as follows: |
||
|---|---|---|---|---|---|---|---|
| 1 | 31 | ||||||
| January | Income | Expenditure | Transfers | December | |||
| 2020 | 2020 | ||||||
| E | E | ||||||
| Restricted funds: | |||||||
| Albania Mission |
|||||||
| Anode | 200 | (200) | |||||
| Towns Project | 253 | 36 | (271) | (18) | |||
| Pastoral fund | 368 | 13,698 | (13,165) | 5,703 | 6,604 | ||
| Christmas appeal |
8,794 | (9,000) | (206) | ||||
| Individual support |
fund | 3,474 | (1,832) | 1,641 | |||
| MornOUt | 288 | 288 | |||||
| Mission Budget | 2,110 | 2,110 | |||||
| BMSWorld Vision | 25 | 184 | (209) | ||||
| Men's Ministry | 776 | (776) | |||||
| Giving Booklet 2018 | 375 | 145 | (520) | ||||
| Other restricted | funds | 1,905 | 6,433 | (3,479) | 1,490 | 6,349 | |
| 3,902 | 35,162 | (28,476) | 6,198 | 16,786 | |||
| Endowment fund |
|||||||
| Church premises |
636,812 | 636,812 | |||||
| 640,714 | 35,162 | (28,476) | 6,198 | 653,598 |
| Analysis ofnet | assets between fu |
nds | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | 2021 | ||
| Funds | Funds | Funds | Total | ||
| f | E | E | f | ||
| Tangible assets | 296,696 | 636,812 | 933,508 | ||
| Debtors | 12,816 | 12,816 | |||
| Cash at bank and in hand | 287,125 | 10,013 | 297,138 | ||
| Other current | liabilities | (2,410) | (2,410) | ||
| 594,227 | 10,013 | 636,812 | 1,241,052 |
| Comparative | information ln respec |
t ofthe preceding perio |
d is as follows |
||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | 2020 | ||
| Funds | Funds | Funds | Total | ||
| E | 6 | f | f. | ||
| Tangible assets | 302,889 | 636,812 | 939,701 | ||
| Debtors | 10,632 | 10,632 | |||
| Cash at bank | and In hand | 243,741 | 16,786 | 260,527 | |
| Other current | liabilities | (2,750) | (2,750) | ||
| 554,512 | 16,786 | 636,812 | 1,208,110 |