MANOR COURT BAPTIST CHURCH NUNEATON Annual Report5 and Accounts for the financial year ended 31 March 2022 (harity Number 1186226 KC&Co Incorporated Financial AccountaF)ts Ellangowan Main Road Ansty CVI 9JA
MANOR COURT BAPTIST CHURCH, NUNEATON Contents Legal and Administrative Infomiation Independent Examiners Report to the Trustees Trustees Report Statement of Financial Activities Statement of Financial Position io Notes to the Accounts 11-12
MANOR COURT BAPTIST CHURCH, NUNEATON Charity Registration Number 1186226 (CIO) The membership approved a new constitLrtion on 2619119 and this ao, registered charity number 1186226, was registered tTrn 8111119. The transfer of assets from the old charity took place on 1st August 2020, so last years figure5 Only represent 8 months of the year. Financial Year 1st April 2021 to 31st March 2022 Custodian Trustee The Baptist Union Corporation knmited Trustees Jonathan Bugg Roger Gadsby Reappointed 23109121 Terry Salter Reappointed 23109121 James Stevens Appointed 19111120 Roy Shooter Appointed 19111120 Lynne Salter Appointed 19111120 Pam Gadsby Appointed 19111120 Isaac Olanipekum Appointed 23109121 Vernel Constantir)escu Appointed 23109121 John Gordon Appointed 23109121 (Minister) {Secretaryl ITreasurerl Sonja Wilson Resigned 23109121 Objertives A5 a Church, we partner with Christ to grow and equip a worshipping community. who are transformed and enabled by God to heal and build up the local community through prayer, seNice and witness. Registered Address Manor Court Road Nuneèton CVII SHU Bankers CAF Bank 25 Kings Hill Aven¥Je West Malling Kent ME19 4JQ Irgin Money IFomierly Yorkshirel 7- 11 High Street Coventry CVI 5SB Independent Examiner KC & Co Accountants Ansty. Coventry CVI 9JA
MANOR COURT BAPTIST CHURCH, NUNEATON Indep8ndent Examinerfs Report to thè Trustees the perilxl ended 31 March 2022 Report to the trusteesl members of Manor Court Baptist Church Nuneaton on the accounts for the period ended 31st March 2022 set on pages 9 to 12. Respective responsibilitie5 of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for thi5 year under sertion 144 of the Charities Att 2011 (the Charities Artl and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the Procedu laid down in the general Directions given by the Charity Commission (under Section 14515llbl of the Charities Act. and to state whether particular matters have come to my attention Ba515 of independent examinerfs statement My examination wa5 carried out in accordan with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seekir)E explanations from the 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 psent a 'tnJe and fair, view and the report 15 limited to those matters set out in the statement below. Independent examiner's statemerrt In connection with my examination. no matter has come to my attention which gives me reasonable cause to believe that in, any material respert. the requirements= to keep accounting records in accordance with section 130 of the Charities Act,. and to prepare accounts which accord with the accountirhg records and comply with the accountlng requirements of the Charities Act have not been meL or 2. to which, ift my opinion, attention should be drawn in order to enable a proper understandinE of the accounts to be reached. I d the Trustees attention to the statement at note l on page 11 of the accounts C. Johnson KC&Co Ellangowan Ansty CV7 9JA
MANOR COURT &APTisfcHURCH. NUNEATON Objects of the charity. The principal purpose ofthe Church is the advancementof the ChTian faith accordingto the principles of the Baptist denominat¥on. The Churth may also advance edUtIOn and rry out other chariiable purposes in the United Kingdom and other parts of the world. As a Church. we partner with Chrtst to grow and equip a worshipping community who are transformed and enabled by God to heal and build up the kal mmunItythroUgh prayer, setvice and witness. Government The policy and 0perat1ngdecinS of the charsty rest with the church rneetingwhich empowets the Trusteesto monitor and manage the activities of the charity. All of the TN5tees meet togethereach month. Each Trustee belo to a sub group with a functional focus and these groups meet together as required. Revtew of Acti¥itses Worship - We resumed ournd4Y Moming servi in April 2021 p05t Covid. These are recorded and made availabte on utube later in the week Sunday morning servicse now start at 10.30arn and we have Communion on the 3rd &Jnday ofthe morrth. In March 2022 we had our tst monthty Eveni Service with Communion. post Covid. Children's work- We resumed Junior Church during morning servicefrom August 2021 yOh The Youn8 People5 Monday night group started meetingagdin in September 2021 atthe Church. Home groups - Due to Covkl 19 Restrictions- Many Homegroups met online during the year but from Septemter onwards more have been meeting Fate to Fa. eitherat Churth or in Homes. Tue Fellowship - Started again in Sept 21 wsth "Food forThought" every other month. Comrnunity Outreach - Nuneaton Food Bank (Trussell Trust) jointlywith otherchurches has been able to continue throughout the year. . chrjan$ P£ainst Poverty {CAP) Nuneaton & 8edworth Debt Centre. has continue to help clients with unmana83b debts during the year. In Jan 2022 3 CAP Job aub started to help Membe get into work - The Church has a prayer meeting on Thursday nights twi a month. Thi5 has become hibrid with knth to Fa and onlineto allow as many people as KK)ssible to attend. Prayerchain- an email cinwEation ot prayer requests has continued throughout the year as necessary. Mis¢ellaneous- The monthly Court rCUlar has continue to be published online during the yearto keepthe Church infomied and a150 providing inforniation about our Missionarysupport and corrtatt with Prayer
MANOR COURT BAPTIST CHURCH, NUNEATON Financial Review Our Easter Service in April 2021 was the first"Face to Face" Service of worship for 2 years due to Covid 19 restrittions. It was great to be back together again, all be it 2 metres apart with mask5 on! Many people continued to stay at home and thus we made an eady decision that we would a150 stream the service on "Face book live" and Utube. All stsff. except the minister continued to stay on part time furlough until August 2021 and then most ministries started up again in September 2021. The Church AGM in September 2021 vS "hybrid" with "Face to Face meeting" and also online, which has become the norm for our twice monthly prayer meetings. I has been a strange year, b¥Jt God has iemained faithful throughout. by providing all of the finances that we have needed, dispite the lack of lettings and some of our Church members moving on to live in different parts ofcountry. General Fund Iunrestrirted) The Income for the year was £95.358. From this £84,240 wa5 Spent on expenditure and following transfers were made during the year to Designated Funds= £8.760 as a Tithe, £1.2CKJ to the Church Repair I Improvement Fund and £IOOO to the Manse Repair / Improvement Fund . This made total transfers of £10,960. The Income less Expenses & Transfers resulted in a surplus of £158 during the period which was added to our General Reserves bringing the total to £19.990 on 31st March 2022. Re5trlrted Funds IFunds re5trirted by the Donor) Building Development Fund Due to Covid-19 restrictions it has been difficult to move our - Phase 2 - Refurbishment of the Toilets project forward. However during the year, Architects were instructed and they have refined our plans and obtained "Planning Permission" and "Building Control Consent This cost £4.292 during the year and thus with £355 Income the Building Fund balance by the end of the year eome down to £28,901. The next job is to go out to tender for the wotk with 3 different builders quotes to arrive at a budget for the work which it is hoped will be completed in July l August 2023. Other restricted Fund5 During the year we were given a donation of £21KJ for CAP ministry. This has allowed us to assist one client with their DRO fees of £90. On 31st March 2022 the dient fund was E238. In Nov 21. two people were trained to run a new CAP Job aub and this started in Feb 22.This cost £258 durlng the year which wa5 funded from a grant obtsined some years ago. The bal- lance on this account on 31st Mar wa5 £598 which shoLSld fund this minsitry for the next year. During the year it was agreed that we would link the old chariLible trust with our new CIO. We had donation of £600 towards this cost and this money was paid to our solititors. The winter night shelter was rbot required this year as the council p'.ovided accommodation so there is still £89 left in the ledger. During the eady part of the year we recerved £3,806 from the government in staff furlough claim5 to offset against our salary tosts. In June 21, we obtained a £l.000 grant from The Cadbury Fundation to purchase a Sarge tent for Youth Camp5. We also obtained a grant from the "Voluntary Service" for £1,000 towards the cost of a "Bid Writer" & £500 for training. By 31st March we had not yet instrurted a Bid Writer but had spent £234 from the training grant by our Caretaking going on a 'PAT Testing" course.
MANOR COURT BAPTIST CHURCH, NUNEATON Other restrirted Funds Icontinuedl During the year we had various charitable appeals as follow5:_ £409 for Trussel Trust Food Bank, £115 BMS Napal Appeal, £376 for Tear Fund and £3,168 raised as 3 response to the war in the Ukraine. This money was split- £2.112 BMS IBaptist Missionary Society) Ukraine & El,056 DEC (Disaster Emergency Committee). Designated Funds (Money set aside by the Trustees for specific purp05esl During the year £9,274 was donated to various tharities from our tithe atcount. The transfered income for the year was £8,760 which to the ledger with £35 Jt the beginning of the year to minus {£4791 on 31st March 2022. This money will need to be replaced from future tithes. Each month the Trustees set aside £83 for Manse repair/ improvement. During the year £253 was spend on Plumbing. Gas Safety Checks and materials to build a Garden Wall. The ledger total at the end of March 2022 was £2,026. Each month the Trustees set aside £100 for Church repair / ifTbprovement. During the year £1,540 wa5 Spent with £804 spent on Boiler repairs, £150 on ghtenIng Protection and the reaminder on the following.. New front door lock & keys. plumbin& decorating repairing the office lights. The ledger total at the end of March 2022 was £47. The Future Ministry Fund of £4.164 was not used during the year but next years budgets are very tight and thus it has been agreed to use it on funding our CAP debt centre ministry in the coming year. Premises insuran The Churth building is insured for £3.289.C(Q. This Is a rebuild cost and not the market value. Reserves Policy The Trustees have established a policy whereby free reserves held by the charity should be equivalent to two months, salaries. This money has been set aside in a Baptist Union Deposit account which had a closing balance of £12,079 on 31st March 2022. This account is ideal for thls purpose, because it provide5 instant access for our money whilst earning interest and also it makes money available for ministry loans within the Baptist Union. The trustees have considered the level of reserves they wish to retain, appropriate to the charl5 need5. This is based on the charivs size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexperted expenditure. The trustees will endeavour not to set aside funds unnecessarily. Risk Statement/Assessment The Trustees have reviewed the risks to which a small charity operating with 3 small number of employees and a minister as an office holder is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis. The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free re5erve5 Stated should provide sufficient resources in the event of adverse conditions. The trustees have a150 examined other operdtional and business risks which they face and cunfirni that they have established Systems to mitigate the significant risks.
MANOR COURT BAPTIST CHURCH, NUNEATON Payment to Trustees and Mini5ter5 During the year the Minister. Revj Bugg recetved a stipend of £28,175 plus employer pension contributions to the Bapt15t Union scheme of £6.202. Water rates and Manse Council Tax totalling £2,784 were also paid bythe Church plus £793 in expenses. Durin8 the period. 1st April 21- 31st Dec 21- Trustee- Mr T. Salter was employed by the church as the manager of the Christians Against Poverty- Nuneaton & Bedworth debt centre received a salary of £6,793 plus travel expenses of £129. His wife- Mrs L Salter is also a Trustee. No other payments were made to trustees or any persons connected with them during this financial period. No material transartions took place between the organisation and a trustee or any person connect with them. Public BenefftThe charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or'aims, that are for the public benefit. Details of how the charity has achieved this are provided in these accounts and this Trustees, pOrt. The trustee5 confirm that they have paid due regard to the Charity Commission guidance on public benefit and guidance from the Baptist Union before detiding what activities the charity should undertake. Staff Numbers The Charity employed three part-time stsff plu5 a full time minister during the year. The full time equivalent of staff working in 3Ctivities in furtherance of the Charity objectives was 2.5. No employee received emoluments in excess of £60,COJ during this year. Staff are paid through the PAYE system. The church paid pension contributions for its Minister J Bugg since he was appointed and also paid deficit contributions to the Baptist Ministers, Pension Trust Limited, which is a final salary defined benefit scheme. The assets are held in separate trustee administered funds. Under the definitions set out in Financial Reporting Standard 17"Retirement Benefits". the Baptlst Ministers, Pension Trust Ltd is a multi-employer pension scheme. The church is unable to identify its share of the underlying assets and liabilities of the scherne. Accordingly, the church has accounted for its contribution5 as rf it were a defined contributions scheme. The agreed contribution rates for future years are 22% for the church and 8% for the minister. Tru5tee< Responsibilitie5 Charity law requires us as Trustees to prepare financial state- ments for each accounting ye3r which give a true and fair view of the state of the charity and of its income and expenditure for the year. In preparing the financial statements we have-_ Selected suitable accounting policies and applieil them consistently. Made jutlgements and estirnates that are reasonable and prudenL Stated whether applicable accounting standards have been followed. subject to any material departures disclosed and explained these in the accounts where appropriate. Prepared the financial statements on a going concem basis. We recognise that we are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and this has enabled us to ensure that the financial statement complies with the Chartties Act 1993. We also recognise our responsibility to safeguard the assets of the chartty and to take reasonable step5 to prevent fraud or any other itregularities. Approval This report was approved by the Trustees on: And signed on their behalf b Dr Roger Gadsby. Church Secretary
MANOR COURT BAvllst CHURCH. NUNEATON Statement of Financial Artivities for the year ended 31 Marth 2022 8rnth5 Funds Funds Fund5 Furbds 2021- 22 2021- 21 Income to the funds Donations Group Attivities Gift Aid Tax Reclaim Miscellaneous Gifts Hire of Rooms Administration Ministry IncDme Covid 19- Government Grant Staff Furlough - Claims 72.513 72.513 6,247 15,086 72 6,736 48.579 999 6.247 15086 72 6,736 10901 763 951 I,0 1.951 9,450 4,283 74,982 3806 3.806 106,411 95,358 11,053 Expenditure from the funds Giving Staff Ilnc. Minister) Administration 9.274 9.274 53,216 8,953 5.952 2,206 17,979 5,782 35,044 1,892 8,879 701 11986 50.772 8.953 5.952 1,206 16617 Utilities and Building Costs Ministry Costs CAP Ilnc. Centre Manager salary} 1362 Worship Expenses General 5ettion Expenses Depreciation 740 740 159 314 9.541 1.793 11.334 4.612 8,097 3,075 4.612 84,240 14.347 11.067 4,612 114,266 75,615 Summary of Funds Balance at 31 M3r 2021 Transfers during the year Income to the funds 19,832 110,9601 95.358 33.887 5,865 10,960 212.137 271,721 272,354 11,053 106.411 74,982 Expenditure from the funds 84,240 14.347 11.067 4,612 114,266 75,615 Balance at 31 Mar 2022 19,990 30.593 5,758 207,525 263,866 271,721
MANOR COURT BAll CHURCH, NUNEATON ststement of Financial Activitie5 for the year ended 31 March 2022 8rnth5 2020-21 2021- 22 Non Current Asset5 Tangible Assets 31st March 2022 207,525 212,137 Current Assets Cash at Bank ICAF & Virgin Accounts) Cash in Baptist Union Deposit Account Cash in Hand 4323 12,079 439 56,341 47,114 12,007 463 59,584 editor5 and Accruals Net CurTent Assets 56,341 59,584 Totsl Assets less Current Liabilities 263,866 271.721 Cash Funds Unrestricted Funds Restricted Funds Designated Funds 19,990 30,593 5,758 56,341 19,832 33,887 5,865 59,584 Funds Represented by Tan8lble A55ets Endowment Funds 207.525 212,137 263,866 271,721 io
MANOR COURT BAWnST CHURCH, NUNEATON Notes to the accounts as at 31 March 2022 l Basis of Accounting The accounts are prepared on a receipts and payments basis under the historical cost convention. This allows the congregation to see that churth funds shown in the accounts are represented by cash balances. 2 Non CurrentAssets Fittin & Freehold Equiprnent Manse Tot31 Cost As at 31 Mar 2021 Disposals Additions As at 31 March 2022 30,825 230,585 261,410 30,825 230,585 261,410 Depreciation As at 31 Mar 2021 Eliminated on Disposal Charges for the year As at 31 Mar 2022 30,825 18.448 49,273 4,612 23,060 4,612 53.885 30,825 Net Book Volue As at 31 Mar 2021 212.137 212,137 As at 31 March 2022 207,525 207,525 3 Restrlcted Funds Building Fund CAP Speafic Cap GTrntslGrfts FrE5h Start FurMI Total Balance 31st Mar 2021 Transfers during the year Income Expenditure Balance rrIed forward 32.838 89 856 33,887 355 14.2921 28,901 Trthe 224 1901 238 5,668 14,9011 856 6,247 1258) 19,5411 598 30,593 4 Designated Funds Churth Manse Future Acwjnt Repair Repair Ministry Total Balance 31st Mar 2021 Transfers during the year Income Expenditure Balance carried forward 35 8760 387 12 1279 4164 5865 10960 19.2741 {1,5401 14791 47 12531 2.026 111,0671 5,758 4.164 li
MANOR COURT BAPTIST CHURCH, NUNEATON Notes to the accounts as at 31 March 2022 5 Endowment Fund5 This fund represent5 a55ets and funding provided by the Baptist Union who are Custodian Trustees and entitled to the proceeds derived from the disposal of of assets historically endowed by them. Custodian trustees also have rights over the purchase of any replacement assets Balance at l January 2017 153,426 Assets Disposed of at Net Book Value Manse Accumulated depreciation to 31 Mar 2021 201,880 {18,4481 183,432 Assets Acquired Manse Refurbishment Costs 192,IXJO 38,585 230.585 123,0601 207,525 Depreciation (Straight line over 50 year5J 207.525 12