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2022-12-31-accounts

Trustees' Report and End of Year Financial Statements Year Ending December 31st 2022

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

1 STATUTORY INFORMATION

1.1 REGISTERED ADDRESS

Temple Baptist Church Cottage Gelliwastad Road Pontypridd CF37 2BP

Charity Registration Number 1182495

1.2 MANAGING TRUSTEES

1.3 BANKERS

NATWEST BANK

1.4 INDEPENDENT EXAMINER

Luke Silver 25 Ellicombe Close Minehead Somerset TA24 6DQ

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

2 ANNUAL REPORT FOR 2022

The trustees present their Annual Report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland published in October 2019.

3 CHARITABLE OBJECTIVES

The Charity is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education and other general charitable purposes in such parts of the United Kingdom and the world as the church shall determine. In particular, the charity has the purpose of providing for the advancement of the Christian faith in Pontypridd and beyond, providing instruction for children, young people and adults in the Christian faith, holding public Christian worship, and having Christian fellowship with other Christians. The church occupies premises which are held by The Baptist Union Corporation Ltd, on Trusts which are entirely compatible with the above object.

- 4 ORGANISATIONAL STRUCTURE AND DECISION MAKING PROCESSES GOVERNANCE

The charity is governed in accordance with a Constitution, a copy of which is available to members of the charity.

4.1 PUBLIC BENEFIT

In planning our activities for the year we have had regard for the Charity Commission's guidance on public benefit at our Trustees’ and Church Meetings (addressing Sections 4 and 17(5) of the Charities Act 2011). In achieving the aims and objectives as set out in this report, the Trustees consider that the charity is fulfilling its requirement to deliver a public benefit. This is particularly shown by: -

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

4.2 MEMBERSHIP

Members are admitted in accordance with the provisions of the Constitution on the basis of their profession of Christian faith, by Believers’ Baptism. This year we have witnessed a number of baptisms and now have a membership of 57. Members are encouraged to assist the work of the church by volunteering to help in various activities of the church.

4.3 TRUSTEES

The managing Trustees of the charity are those who form the Leadership Team - the Church Secretary and Treasurer and between five and seven elders and deacons (appointed by the Church Meeting for a period of three years). The Trustees meet at least nine times per year to review operations, the financial position and any developments to ensure the Church’s objectives are being fulfilled.

4.4 CHURCH MEETING

A meeting of Church members is held at least 3 times per year. One of the meetings incorporates the constitutional Annual Church Members Meeting (AGM) to receive the annual accounts and to consider the strategy and vision of the church in the coming year, along with other appropriate matters. At the AGM the gift profile for the following year is also discussed and agreed. Relevant matters may be submitted to the Church Meeting by the Trustees for guidance, or may be raised by members in a Church Meeting for further consideration by the Trustees

4.5 DATA PROTECTION

A Data Protection policy and procedures are in place to support our compliance with the General Data Protection Regulations (GDPR). This includes privacy notices and consent forms with on-line tools being used as much as possible for easier operation

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

5 OBJECTIVES AND ACTIVITIES

5.1 CORE ACTIVITIES

In order to achieve the principal objective which is set out above, the church provides a variety of activities both to its membership and to the public community. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord.

5.2 CHARITABLE GIVING

The Church seeks to give at least 10% of its regular sources of income to other Christian charities. Our ‘top tier’ organisations are:

5.3 SAFEGUARDING CHILDREN AND VULNERABLE ADULTS

The Church operates systems to ensure that all church members working with children, young people and vulnerable adults are appropriately vetted with regard to the DBS system. Arrangements are in place for all such people to receive suitable training for their roles in the Church.

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

5.4 USE OF PREMISES

Many Church led activities take place in our Church buildings. The buildings are also used by a range of community groups:

5.5 HEALTH AND SAFETY

The Church, mindful that the trustees bear full responsibility for this aspect of the life and work of the church ensures that relevant health and safety training is provided for employees and volunteer leaders of most church groups.

Food hygiene advice is also available to those involved in preparing food for consumption on the Church premises.

6 ACHIEVEMENTS AND PERFORMANCE

The Church does not measure the success of its programmes primarily in numbers, including financial numbers, but in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure, but believe that the year covered by this report was again a positive one in the life of the Church.

The Trustees acknowledge that the work of the Church is highly dependent on members and volunteers who provide voluntary service in many areas. These include:

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

GRAIG INITIATIVE

Temple has two buildings in Pontypridd – one in the Graig area of town, the other in the town centre. Over 20 years ago, Temple moved from the Graig to Gelliwastad Road but maintained a presence there with a number of ministries continuing. Over the past years, a number of members have felt a renewed calling to further progress the work on the Graig. In September 2021, Temple formally commissioned this group to establish a more intentional work, Hope Christian Community. This was done with the help and support of New Wine Cymru. During 2022, Hope continued to serve the local community and strengthen relationships. A particular highlight was the ‘warm space’ provision that was run during the winter months.

6.1 MAINTENANCE AND UPGRADE OF THE PREMISES

The actions from the last quinquennial review in 2019 are still being planned into the maintenance schedule. During the year, routine day-to-day maintenance of the Church buildings was carried out. In addition, a major upgrade of the sound system was completed, supported by a £10k grant from the Welsh Churches fund.

7 FINANCIAL REVIEW

7.1 FINANCIAL POLICIES

The Church has established systems to properly receive monies in and to control expenditure in accordance with the Constitution and the directions of the Trustees and Church Meeting. Budgeted resources are controlled to match anticipated income based upon previous years and expected changes. The Treasurer is always a Trustee

The Church Meeting is responsible for approving the gift profile for the coming year. The annual church accounts are prepared by the Treasurer and independently examined by external, qualified accountants. They are then reviewed by the Trustees prior to the Church Meeting.

Reserves Policy Expenditure is controlled to match anticipated income based on annual budgets, with some allowance to build up reserves as prudent provision for known upcoming major expenses.

Taking into account Temple Baptist Church’s Trustees Report 2021-2022 the Church’s current financial position, its annual income, its financial oversight, the potential for loss of key income and the need for adequate cash flow, it is considered that the current minimum reserve level of £40,000 is appropriate.

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

7.2 GENERAL FUND

All freely available reserves are held in the General Fund. The Trustees monitor the level of reserves and will address any shortfall or make proposals to the Church Meeting in respect of any accumulated surplus to meet the Church’s objectives. The reserves also represent the working balance of the Church particularly given the claiming of Gift Aid in arrears.

7.3 RESTRICTED FUND

Monies are held in Restricted Funds where an appeal or a donor restricts their use, for instance to support the work of a particular organisation within or outside the church.

7.4 DESIGNATED FUND

Some monies have been designated for particular purposes, and have not been included in the calculation of reserves as they are considered essential to support the running of the Church. As well as holdings for internal organisations, the main Designated Fund is the Building Fund.

Our Church buildings are both over 100 years old and so we maintain a building fund for ongoing maintenance and modernisation. Some big items of work, such as repairing roofs and brick work are expensive and reserves are being built up for these. The Trustees are also actively exploring grant funding to help address the expense

7.5 PRESENTATION CURRENCY

The presentation currency is £ sterling.

Signed following approval by the trustees on 28/10/2022

Dana Davis (Church Secretary)

Temple Baptist Church Trustees Report 2022 (Registered Charity 1182495)

Temple Baptist Church

Summary Receipts and Payments For The Year Ended 31st December 2022

Receipts
2021
2022
£
£		 Receipts
2021
2022
£
£		 Payments
2021
2022
£
£		 Payments
2021
2022
£
£
Donations
Gift Aid Recovered
Investment Income
Rent & Buildings Income
Grants
Miscellaneous		 56,334
0
0
3,631
0
2,312		 93,761

40,109

0

6,588

11,844

542		 Ministry Expenses
Upkeep of Building & Operations
See Note 1
Church Groups
Administration
Support for Other Groups & Causes
Pastor's Fund		 32,229.00
21,559.00
743.00
3,274.00
11,349.00
0.00		 40,169.00
49,204.00

4,696.00

4,561.00
18,029.00

0.00
62,277 152,844 69,154 116,659
Opening Balance @ 01.01.22
Income		 152,567 Expenditure
152,844 Closing Balance @ 31.12.22
305,411		 116,659
188,752
305,411

10/20/2023

LAS

Temple Baptist Church

Statement of Assets and Liabilities As At 31st December 2021

£
Fixed Assets
Woodland Terrace
Church Premises - Insured Value
Gelliwastad Road - Insured Value
Fixtures, Furniture & Equipment - Insured Value
Total Fixed Assets - Insured Value
Current Assets
Bank Balances:
HSBC Current Account
HSBC Deposit Account
Total Current Assets
Current Liabilites
Net Assets		 100,000
921,387
4,091,394
159,046
5,271,827
95,726
56,841
152,567
NIL
5,424,394

10/20/2023 ]

LAS

TEMPLE BAPTIST CHURCH

THE COTTAGE

GELLIWESTAD ROAD

PONTYPRIDD

CF37 2BP

Registered Charity: 1182495

STATEMENT OF ACCOUNT

AND

INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2022

Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead TA24 6DQ

Mobile: 07710 456376

E-mail: luke-silver@puresilver.org.uk

Independent Examiner’s Report on the Accounts

Receipts and Payments Accounts

Report to the trustees/members of Temple Baptist Church

Registered Charity Number 1182495

On the accounts for the year ended 31[st] December 2022

Set out on the following pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity¹s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed L A Silver

Date: 13 February 2023

Luke Silver HNC Business & Finance / Accountancy Practitioner

Accountancy & Taxation Services 25 Ellicombe Close, Minehead. TA24 6DQ

Independent Examiners Report to the Trustees

Introduction

Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work. Therefore I will keep my comments to a minimum.

Charity Law and Financial Regulations

The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).

Signing of Accounts

I shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees.

Conclusion

There are no other matters I feel need to be brought to your attention.

Please do not hesitate to contact me for further clarification or for further assistance.

Luke Silver

Date: 13 February 2023

Temple Baptist Church

Summary Receipts and Payments For The Year Ended 31st December 2022

2021
2022
£
£
Receipts		 2021
2022
£
£
Receipts		 2021
2022
£
£
Payments		 2021
2022
£
£
Payments
Donations
Gift Aid Recovered
Investment Income
Rent & Buildings Income
Grants
Miscellaneous		 56,334
0
0
3,631
0
2,312		 93,761
40,109
0
6,588
11,844
542		 Ministry Expenses
Upkeep of Building & Operations
See Note 1
Church Groups
Administration
Support for Other Groups & Causes
Pastor's Fund		 32,229
21,559
743
3,274
11,349
0		 40,169
49,204
4,696
4,561
18,029
0
62,277 152,844 69,154 116,659
Opening Balance @ 01.01.22
Income		 152,567 Expenditure
152,844 Closing Balance @ 31.12.22
305,411		 116,659
188,752
305,411

LAS

13/02/2023

Temple Baptist Church

Statement of Assets and Liabilities As At 31st December 2022

Statement of Assets and Liabilities
As At 31st December 2022
£
Fixed Assets
Woodland Terrace
Church Premises - Insured Value
Gelliwastad Road - Insured Value
Fixtures, Furniture & Equipment - Insured Value
Total Fixed Assets - Insured Value
Current Assets
Bank Balances:
NatWest Current Account
HSBC Deposit Account
Baptist Union Investment Account
Total Current Assets
Current Liabilites
Net Assets		 100,000
921,387
4,091,394
159,046
5,271,827
81,911
56,841
50,000
188,752
NIL
5,460,579

13/02/2023 ]

LAS