MANOR COURT BAPTIST (IIUPCH NUNEATON Annual Reports and Accounts forthe finanoal year ended 31 Marth 2021 Number 1186226 KC&Co IncorpordEed Financial Accountants 314Wabgrave Road Coventry CV2 4BL
PIAMOR COURT BApllsT CHURCH. NUNEATON Contents Legal and Administrative Information Independent Examiners Reporttothe Trustees Trustees Report Statementof Finanaal Activities Statement of Finanoal Position io Notes tothe Accounts 11-12
MANOR COURT BApnsr CHURCH, NUNEATON (Tharity Registration Numter 1186226 (CIO) During the yearthe drity thangire its legal identity to bec(le a CIO. (Charitable Incorporated Organisattonl. The membership approved a new COrtIon on 2619119 and the ao. registered chartty number 1186226. was registered on 8111119. The transfer of assets tk pla on Istjw 202050 these accounts show financial activtty from tst August 2020 to 31st March 2021. Finandal Year 1st April 2020 to 31st March 2021 Custodian Trustee The Baptist Unlon COration LimiteLI Trustees (For both chartttesl Jonathan BLg RLEer Gadsby Terry Satter James Stevert5 Roy Shooter Sonja Wilson Lynne Salter Trina Saliba Pam Gadsby z Watson Janet Oovm (Minister) Reappointed 19111120 ISe(xetaryl Reapp(¥nted 19111120 (treasurer) Reappointed 1911V20 Reappoirrted 19liif20 ReappJinted 19111120 Reappotnted 19111120 Resigned 19111120 Reapwititsd 19111120 Resigned 19J11120 Resigned 11103121 Objectwes As a Churd). we partnerwith Christ to grow and equip a worshippingcommunity, who are transformed and enabled by God to heal and build up the Io(21 communitythrough prayer. Restered Address Manor Court Road Nuneaton CVII SHU Bankers CAF Bank (Opened 221101191 25 r£S HÈll Avenue West Malling Kent ME19 4JQ Yorkshire WanNick House Coton Road Nuneat(Mi CVII SHU Independent Examiner KC&Co Coventry C2 4BL
Report to the truste& membersof Manor Court Baptist Cthurth NuneatTr) on the accounts for the period ended 31st March 2021 set outon pages 9 to 11 The charity's trustees a responsible forthe preparation of the accoUnThe tharrvs trustse5 consider that an audit 4$ not required forthi5 year under secti{ 144 of the (harities Act 2011 {the Charities Actl and that an independentexaTnination is needed. It is my responsibilityto= examine the accounts under sertion 145 of the Charitse5Att. tofollow the procedures laid down in the general Directions grven by the 0rEty Commission (under section 14515)Ibl of the Charities Att. and to stste vlhether particular matters have cometo my attention My examlnation was carried out in accordance wtth general DirectionsgFven by the Charity Commission. An examination include5 a reviewof the accounting records kept bythe charity and a comparison of the accourts presented with those record5. It also indudes consideration of any unusual items or disdosures in the accounts, and seeking explanationsfrom thetrustees conceming any Such matters. The procedures undertaken do not provide all the evidence thatwould be required in an audit, and consequently no opinion is given as to whetherthe accounts present a true and fairf view and the report is limited to those mattersset out in the statement below. Independent examiner's statem In connection with my examination, no matter has come to rny attention which w.ves me reasonable (2useto believethat in. any matertal respect. the reqtslrements: to keep accounting records in accOrdanwith section 130 ofthe Charrties Art", and to prepare accounts which accord with the accounting records and comply with the accounting requirements ofthe Charities Act have been met: or 2. towhich. in my opinion, attentÉon Sh([d be drawn in orderto enable a proper understsnding of the accountsto be readd. I draw the Trustees attention to the statement at note l on p4e 11 ofthe accounts ohnson KC&Co 314 Watsgrave Road Coventry
Objects ofthe charity. The princtpal purpose ofthe Chwth is the atrdncement of the Chrrstian faTth according to the prinuples of the Bapbst denornination. The Church may also adyance edu(ztion and carry out other charttable purposes in the United ngdorn and other parts of the Vr1d. As a Church. we partner with Christ to 0W and equkp a worshipping communrtywho are transFormed and enabled by God to heal and build up the local community through prayer, serwce and witness. Govemrnent The policy and operating decisions of the drity rest with the thurch meÈttngwhith empowerstheTrusteesto monrtor and ffiar8ethe activÉties of the tharity. Atl ofthe Trustees meet togethw each month. EachTrustee belongs to a sub group vrith a funrtional focus and group5 rneettogether as require Worship - Dueto Covid 19 Restrictions ourSund3yServices have movedto one online Service in the Morni wng Face Book live and U tube. ChiklTen's work- Due to Covid 19 Restricttons ourJunior Church has not met this year. Due to Covid 19 Restrictions the YOU Peoples Monday night group has been meetingtogether online, using Zoom. Home groups - Due to Co¥id 19 Restrictions- Home8roups have mainly been meeting on line with limited Faceto FKe meetings whenthese were allowed. Tue Fellowship - Due to cfjd 19 Re5trittionsthis group has not met thisyear. Community - Nuneaton Food Bank (Tru55ell Trust) run jointly otherd)urches Outreach has been able to conttnue thrOughothe year bysetviang dients the doorway ofthe Vesknbule. - ChristransAgairst Poverty ICAPI NÉJr*èton & Bedworth Debt Cerrtre. has continue to heEp dients with unm3n3e3ble debts during the Covid 19 pandemic. using Food Bank. Telephone and Intemet as points of contstt instead of VIsFtirE dients in their own IK>mes. Transfoming Lives trGoodffLGIEarly inteNention in Junior Sthools has continued when Schools h3ve been open up UFrtil end Dec 2020. . Due to cOd 19 Rew[cti.churth nieeting has met every fortnight on line using Zoom.. Prayer chain- an email circulaticm of prayer requests ha5 continued throughoutthe year as necessary. M55¢ell3neou5- The moTEthty Court ortar has continueto be published online during theyear to keep the thurth Énfomed and also providing infomètion about our Mi&%ionarysupportand contattwith a5500ated mbssionarie5. Prayer
MANORCOURT WTlSf CHURCH. NUNEATON rinanoal ReNiew The whole year has been under dIFFent levels of Covid 19 restri(ticffis which has drasticalty affected our abilty to hire outthe buil(ling and ali of our'Faceto Fa. ministrie& This also delayed the planned transfer of a55etsto this new CIO from the old chariable trust The tsansfer finaltytook place on 1st Aug 2020 and thereforethese accountsare for 8 months of attFvityfrom tst August 2020 up to 31st March 2021. The rest of the yearfs acttwty 15 in the FIrn(la1 Statement and Trustees report for old Charttable Twst. Registered dwrtty number 1128672forthe finanaal year ending 31st March 2021. General Fund (Unrestrirtd} Forthe 8 months the Irtcome was £60.250. Fromthis £44.928vKas spent on expenditure and followngtransferswere made duringthe yearto Designated Fund5: £5,948 as a Trthe. £8(X) to the Church Repairl Improvement Fund. £667 to the Manse Repair/ Improvement Fund arsd £8,182to a Future Ministy Fund. This made tot31 tsar of £15.597. This Irwne Expen5e5 &Tran5fers resulted in a defi¢iL of £275 during the period which has come off ourGeneral reservestotsl of £20,107 at 1st Aug 2020 being reduced to £19332 on 31st March 2021. We praise God for this very good outcome, a5 our budget predicted that due to reduced incomefrom letttngs Y would have a deficit o £2,((M)duringthe period but our Offerings income rallied in Marth 2021 giwng us this muth better resu just£275 defTrctt. Restricted Funds IFun(ts restricred bythe D(Mvl Bu¥ld¥ng Development Fund Due to Cowd-19 restrirtions it has been difficUt0 moveour- Phase 2- Refurbishment of the Toilet5 project fon¥ar(L Sothe fvnds have been fairly Smic during the yearwith income of £465 and the only expeTrditure being £22(Xl being spent on a new Central Heating boiler in the kitchen. This money was from a County Council Grdnt obtained forth[5 purpose. Atthe end of March 2021, the fund balance was £32.838. During the year we were gi¥en a donion of £250for CAP ministry. This has allowed us to ast orse client with their DRO fees of and purchase Easter Eggsto bless <)ur CAP dients who have children. Atthe end of March 2021, thefund balarKe was £104. At the end of December our (TLGI Early intervention in Junior Schwls (•meto an end and the £80 left in the ledgerwas spent on fees. Afunher £2(K)wasdonated towardsthe legal costs of our ao transfer. Thrs with the £612 in the ledger paid for our final bill of £812. The wnter night shelterwas not required thisyear as the coun(il prNded acromTnodation sothere is still £89 left in the ledger. During the yearwe ContirlI to pay £40pm to GAP forour Fresh Start ministry. This ha5 now cometo an end 50 the balance oF£856 atthe end of the year qll be used for CAP Job Club, which we are hopingto strrt in January 2022. Duringthe 8 months we r1Ved £4283 from the govemment in staff furlough daims to offset against oursalary CO Thls represented WJ% of furloughed costs butwe paid staff full salaries. In August we were succesful in obtaining a Covid-19 Government grant of£9.45Ofor our community debt support work linked to FC Bank. This provided us with enouth funds to keepthe CAP Debt Centre open durirE the grant period of 6 months from 1st Sept 2020- 28th Febntary 202L This made a massFve d[fferen during this Covid recoverystage.
Designated FdS (Moneyset aside by theTnsteeSfOrspeafi PLYposes) During the 8 morrths £5.782 wa% donated to varÈous chaT¥tiesfrom our tTthe account. The transfered income *orthe year vns £5.948 whith left the ledger wrth £35 to be allorated in next years accoun Each month the Trustees set de £83 for Manse repair l improvement. During the 8 monthsthe only expendItu was £64 for è Chimney Sweep. The ledger totsl atthe end of March 2021 was £1,279. Each month the Trustees set aside £iixifor thurth Tepairl Trmprovement. During the 8 months £413 was spent on Boiler repairs. 2 rvOUtsIde pots & a towel & soap dispenser in the new disabled toilet. The ledger total at the end of March 2021 was £387. Due to some of our Genwal Expenditsre coming back from furlough daims and the Covid-19 gtant the Trustees were able to designate £8.182toward5 Future Ministry. During the year £3,528 of thi5 was spend on "tive Streaming. equipement and £490vrJsspent on presents to bless the staff at George Eliot Hospit31. This has left£4.164 in the fvnd atthe end of Mar 2L Premises insurdnce The Churd) building is i$ured fw £3,Z89,(IxI. This isa rebuild costand not the marketvalue. Reserves Policy TheTnJstees have established a pdiLry wherebyfree reseNes held by the Charltyshod be equiwalent to0 months, salarie& This value is approximately£12.(W In Dec 2020 a Baptist Union DeposFt account Wds (yened and at the Churth Meeting in Marth ir vras agreed to keep our General ReseThes in this accountfrorn tst April 2021. So £12,006.75 vrn5 transfered at the end of March 2021. This accourrt is ideal forthis purpose. because it provides instant accessfor our money whilst eaming interest and also it makes money wailablefor ministry loan5 wwthin the Baptist Union. The trustees have considered the level of reserves theywish to retain, appropriateto the charlS needs. This 15 based on the chart5 SI and the level of financial commitments held. The trustee5 aim to ensure the tharity will be ableto continueto futfil wts charitable objettives even if there is a temporaryshortfall in income or unexpected expenditure. The trustee5wiII endeavour notto set aside funds unnecessarily. Risk Statementlknessment The Trustees have rewewed the risks to whith a small (haiity operatirg th a small number of employees and a Tninister as an o)Tice holder exposed. Apwopriate prwedures are in to identify, monitor and reviewthese risks on a regular basis. The trustee5 actively review the Ma1 risks which the thaFltyfa on a regular bastsand believe that maintaining the free reservesstated combined with the annual review of the controls over key finanaal systems carried OLrt on an annual basis will pmwde suffioent resources in the event of adverse conditions. The trustees have a150 exarniT otheroperational and business risks whith theyf3ce and confimi thatthey twe established sy5temsto mrtigatethe sigftfficant risk5. During the year a sub committeewas set up to considerthe risks aSlated wtth the use ofthe building during the varies levds of g()vemment restrlLtiIH imposed due to the Covid19 pandemic. This allowed AA & Fo(Kl Bank to continueto use the buikling and 3 l¥mited Sunday ConegatIon were able to meet using govemmentguideline5. A protocol was also agreed to allowthe hall to be safely used by up to 15 F)eople when Yull lock dry44ns° were not in Ce. by the use of mitigation measuresset out rn thèdetaited Risk Assse5sment
MANOR COURT BAPcHURcH, NUNEATON PayinenttoTntsteesaF Ministers Duringthe 8 M(th5frorn IstAug to 315t Mar 2021. the Minister, Revj Bugg received a SbFEnd of £16,592 plus employer perLSiOn contributionsto the Baptist Union scheme of £5.743. Water rates aTrfI Manse Cnl T3xtotalIi£l.J6 were also paid by the Church plus £569 in expense& During the same period.Trustee- MrT. Salter. employed by the churth as the managerof the Christians Against Poverty- Nuneaton & Bedworth debt centre reiVed a salary of £5.912 plu5 expenses of £367. His wrfe- Mfs L Salter is also a Trustee. During the same period, Mr A. Saliba who is married to Mrs C Saliba. Trustee was paid £2,661. No other payments We made totrustees or any persons connected with them during thisfinanctal period. No material transaaionstook Pla between the cygansatiun and a ttee or any person connett with them. Public BenefftThe charity acknowledges kts requiremèntto demonstre dearlythat it mLtst have charitable purpose5 or'aimg that are forthe public benefiL Details of how the charity has achieved this a provided in these accounts and this Trustees. reForL The trustee5 confirm that they have paid due regard to the Charity Comrnission guidan on public berfft before dec1dlngvht acbvtknesthe d)arity should undertake. Staff Numbers The Charity employed threepart4ime staff plus a full time mÈnister during the year. The full time equivalent of staff working in actÉvitses in furtherance of the CharÈty objectiveswas 2.5. No employee received emoluments in excess of £60.(KXI durtngthi5 year. St3ff are paid through the PAYE system. The church paid pension Contrib10%f0r tts Ministerj Bugg since he was appointed ar also paid deficit contrÈbutionsto the Baptist Ministers. Pension Trust Limtted. which is a final salary (lefir benefft scheme. The a$5et5 are held in separatetrLth admÈni5tereil funds. Underthe defin$ set out tti financial Rep)rtirE SLind3rd 17"Retirement Benefi, the Baptist Minister< PensionTntst Ltd is a multi-employer penskon %heme. The church is unable to dentify its share of the underlying assets and liabiltties of the stheme. Accordtngty. the chLErth has accounted for its contributtons as if ttwere a defined ContrirtiOnS thme. The agreed contribution rates forfirture year5 are 2YA forthe church and 8%forthe minT5ter. Tfusteg ReSp1blitte$ Charty law requires us as Tnstee5 to prepare financial stste- ments for each accounting year which gNe a true and fair VFew ofthe state ofthe charity and of Èts income and expendrture forthe year. In prepring the finanoal Statem8rtSv are required to:_ Select suitable accounting policie5 and apply them consistenty. Make judgements and estimatesthat are reasonable and prudenL State whetherthe applicable accounting stsndards have been foll0v1. subjectto any material departures disdosed and explaFned the 3cu>urrt& Prepare the financial Statements on a going concem basis unless it is inapprr)priateto presume that the charity will continue ift btwies> We a responsible for keeping properaccounting records whith disdose Tmth reasonable acajracv at any time the fsnanoal posttion of the charity and elble us to ensure thatthe financial statement complies with the Charttse5 Act 1993. We also have a responSi"11tyto Safeguard the assetsof the drIty and totske reasonable steps to preventfr3ud or any other irregularities. AppToval Thts report VRS approved by the Trustees on: l fl lo a I And signed on their behalf by: Dr Roger Gadsby. Church Seuetary
Furx Funds 2020. 21 Income to the fvnds Donations Group Activibes Gift Tax Redaim Miscdlaneous Gifts Hire of Rooms Administration Ministry Income Covid 19- Government Grant Staff Furlough- aaims 48.579 48.579 999 10.901 Icwi 763 763 9450 4283 9.450 4,283 74.982 14.732 ExpeTrthtU from the funds Giving Staff IlnG Minister) Administration Utilities and Building Costs Ministry Costs GIP Ilnc. Centre Manager 5alaryl 5.782 5,782 35.044 1,892 8,879 701 IL986 31.628 3.416 210 7.821 701 2937 1.058 Worship Expense5 General Section Expenses DepClOn 159 3.&J2 4.495 8.097 3.075 3.075 44.928 17.335 10,277 3,075 75,615 Summaryof Funds Transfer from Trust 31stJuly 2020 Transfers duriro the year Income to the funds 20,107 (15.5971 60.250 36.4 545 215.212 272354 15.597 14.732 74,982 ExPend[re from the funds 44328 17.335 10.277 3.075 75,615 Balan at 31 Mar 2021 19.832 33.887 5,865 212.137 271,721
2020- 21 Tanwble A>sets (From Trustl 31th July 212.137 Cash at Bank {C4F & yshire Acci() Cash in Baptist Union Depwt Account Cash in Hand 47.114 12.1x17 59.584 cdItOrs awl Acuu* Net CurrerrtAssets 59.584 Totsl Assds less Current LiabileS 271,721 Cash Funds Unrestricted Funds Restricted Fijnds Designated Funds 19.832 33.887 s65 59.584 Endowment Fun(ts 5 212.137 271,721 io
l Basis of Accounting The accounts are prepared cm a receipts and payrnents bas underthe historical cost convention. This allows the corereg3tiLW) to seethat chwth funds shown in the 2 Non CUttA&Sets Frttings & Freehokl Equiwnent Manse Total Cost As at 31Juiy 2020 Disposals Addttion5 at 31 Mar¢h 2021 30.825 230,585 261,410 30.825 230585 261,410 Depreciotion As at 31 July 2020 Eliminated on Disposal Charges for the year As at 31 Mar 2021 30.825 15,373 46,198 {8mth5) 3,075 18,448 3.075 49,273 30.825 Net 8ook Value As at 31 July 2020 215,212 215.212 As at 31 Marth 2021 212,137 212.137 3 Re5trirted Funds Jildi CAP Fresh Start Total BalarKe from Trust TransFers during the year Income Expenditure Balance fdrried forward 34573 781 1,136 36,490 465 {2.2(KJl 32.838 14,017 11461 114.7091 104 89 14,732 12801 117.3351 856 33,887 4 DeSIated Funds Man Nlinstry Totsl Balan from Trust TraThsfers duringthe year Income Expenditure Balance carried forvrdrd -131 676 545 15597 8182 {5.782} 35 {413) 387 {641 1.279 {4.0181 110.2771 4.164 5*65 li
5 Endowffl Funds This fund represents an¢J funding provided bythe Baptist Union who are Custodian Tryee5 and entitled tothe Pr derived from the tJ4SP05al of of assets historically endowed by them. Custodian tnteeS also have rights over the purdwe of aw replace assets Balance at l January 2017 153,426 Assets Di£posed of at Net Book Value Manse Accumulated depreriatbM to 31 July 2020 201 115.3731 186,507 Assets Acquired Manse Refurb4shmentCosts 192,000 38.585 230,585 118,4481 212.137 Depreciation IStr3ight line over SO years) 212.137