Digitally Signed Document Document ID: 874A1103E8DA0D
## Document Details:
|**Filename:**|Southside Baptist Church Charity Report and
Accounts 31 Dec 2022.pdf|
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|**Client of:**|AP Accountancy Ltd|
## Signature Details
|**Name:**|Adrian Prescod|
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|**Email:**|adrianprescod@icloud.com|
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|**Date & Time:**|16/10/2023 13:16:18 PM (BST)|
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|**IP Address:**|80.192.186.201|
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|**Signing Statement:**|I confirm that the information contained in the
attached Report and Accounts is correct, and the
Report and Accounts have been approved at a
meetingof the Trustees.|
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|**On behalf of:**|AP Accountancy Ltd|
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Charity Registered Number: 1186233
**Southside Baptist Church CIO Report and Accounts For the year ended 31 December 2022**
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Contents**
||**Page**|
|---|---|
|Trustees Report|**3**|
|Statement of Trustees’ Responsibilities|**7**|
|Examiners Report|**8**|
|Summary of Receipts and Payments|**9**|
|Statement of Assets and Liabilities|**10**|
|Notes to the Accounts|**11**|
|Detailed Analysis of Receipts and Payments|**12**|
|Analysis of Funds|**13**|
|Analysis of Grants|**13**|
Page | 2
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Trustees Report**
**Name, registered office and constitution of the charity**
The full name of the charity Southside Baptist Church Working name Southside Baptist Church Charity registered number 1186233 Charity address 24 Westbrook Road Thornton Heath CR7 8PS
## **Objectives and activities of the charity**
## _**A summary of the objects of the charity as set out in its governing document**_
## **The aims of Southside Baptist Church**
1. The advancement of the Christian faith in accordance with the “Basis of Faith”
2. Other such charitable purposes that in the opinion of the Trustees shall further the work of the Church
## _**Public benefit that is provided by the charity**_
The trustees have regard to the Charity Commission guidance on Public Benefit and plan their activities to ensure that they comply with the guidance. Details of how this is achieved are given in the “Summary of the charity’s main activities in relation to its objects”.
## _**Summary of the charity’s main activities in relation to its objects**_
Southside Baptist Church continues to meet its primary objectives in serving the local community through spiritual, practical, and charitable needs.
Church Services continue to take place regularly on both Sunday morning and Sunday evening. The services are delivered in person and are shared online to enable those members of the congregation who cannot attend on Sunday morning to watch the service at a convenient time.
In addition to the Church Services, Southside Baptist Church continues to provide practical support to the needy in the community.
Page | 3
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## _**Summary of the charity’s main activities in relation to its objects (cont)**_
This has been done by delivering boxes of food and clothing and providing a place for parents to drop their children off for a few hours per week at our Toddler’s morning held on Thursdays.
The church donates food to the local food banks to help those families who are struggling with the current cost of living crisis. In addition, we have also organised teams to help the sick or elderly with garden chores, errands and other tasks needed.
The church also provides counselling and other Pastoral help to anyone in the community through discussion with the Pastor. The church also organises community events throughout the year where families can attend and receive food and clothing donated by members of the congregation.
## **Structure, governance and management**
## _**Nature of “Governing Document” and constitution of the charity**_
Southside Baptist Church is registered as a Charitable Incorporated Organisation with the Charity Commission. The governing document is the constitution dated 7 November 2019. The trustees meet on a formal basis as often as they deem necessary to fulfil their obligations and ensure the smooth running of Southside Baptist Church.
## _**The methods adopted for the recruitment and appointment of new trustees**_
The power of appointment and removal of trustees is vested in the trustees of the Church in accordance with the provisions of the Constitution. All Trustees must adhere to the "Basis of Faith" **.**
Page | 4
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Trustees Report**
**Financial review**
## _**Availability and adequacy of assets of each of the funds**_
The trustees are satisfied that the charity’s assets in each fund are available and adequate to fulfil the obligations in respect of each fund.
## _**Reserves**_
It is of paramount importance to Southside Baptist Church that it has the ability to meet its expenses, and accomplish long term expansion and growth to reach its goals.
## _**Transactions and financial position**_
The financial statements are set out on pages **9** to **13** . The financial statements have been prepared on a receipts and payments basis, which is permitted for smaller Charitable Incorporated Organisations (CIO’s). As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
The Statement of Financial Activities show net outgoing resources for the year of a revenue nature of £5,101 (2021 £4,796 incoming).
The total reserves at the end of the year stand at £15,191 (2021 £20,292). Free unrestricted liquid reserves amounted to £15,191 (2021 £20,292).
Page | 5
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Trustees Report**
**The trustees of the charity during the year were:**
A Prescod P Stace L Harman P Smith
The trustees are all members of the charity.
## **The trustees of the charity at the date the report and accounts were approved were:**
A Prescod P Stace L Harman P Smith
**Bankers**
HSBC UK
## **Independent examiner**
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
Page | 6
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Trustees Report**
## **Statement of trustees’ responsibilities**
The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on
**A Prescod** Trustee
Page | 7
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Independent Examiner's Report to the trustees of the Charity**
_**Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 December 2022.** (Rev October 2018)_
## _**Responsibilities and basis of report**_
As the trustees of the Charitable Incorporated Organisation, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of accounts of the Charitable Incorporated Organisation carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## _**Independent examiners statement**_
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## _**The Examiner's relevant professional qualification or body:**_
Chartered Management Accountant
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
The date on which my opinion is expressed is
Page | 8
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Statement of receipts and payments for the year**
|**Receipts**
Offerings and Gifts
Other
Income
Investment Income
**Total Revenue**
**Receipts**
Capital Receipts
**Total Receipts from all sources**
**Payments**
_Direct Charitable Expenditure_
Payments relating directly to charitable
activities
Grants and donations
Administration
Governance
**Total Revenue**
**Payments**
Capital payments
**Total Payments**
**Net receipts / (payments) in year**
**Net Surplus / (net deficit) for year**|2022
_Unrestricted_
_Funds_
£
50,898
4,101
3|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
£
£
£
0
50,898
40,466
0
4,101
3,492
0
3
0|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
£
£
£
0
50,898
40,466
0
4,101
3,492
0
3
0|
|---|---|---|---|
|||||
||**55,002**||**0**
**55,002**
**43,959**|
||0||0
0
0|
||**55,002**||**0**
**55,002**
**43,959**|
||50,515
1,770
6,031
1,787||50,515
26,405
1,770
1,200
6,031
3,391
1,787
8,166|
||**60,103**||**0**
**60,103**
**39,162**|
||0||0
0
0|
||**60,103**||**0**
**60,103**
**39,162**|
|||||
||(5,101)||0
(5,101)
4,796|
||**(5,101)**||**0**
**(5,101)**
**4,796**|
Page | 9
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Statement of assets and liabilities as at the 31 December 2022**
|**Cash funds**
Cash funds and bank balances at
start of year
Surplus on receipts and payments
account
Cash funds before
transfers
Transfers between funds
**Cash and bank balances at end of**
**year**
**Other Assets**
**_Description of asset_**
Premises
Equipment and Machinery
Gift Aid Recoverable
**Total value of other**
**assets**
**Liabilities**
**_Description of Liabilities_**
Examiners
Fee
**Total value of liabilities**
**Total Assets less**
**Liabilities**|2022
_Unrestricted_
_Funds_
£
20,292
(5,101)|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
£
£
£
20,292
15,496
0
(5,101)
4,796|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
£
£
£
20,292
15,496
0
(5,101)
4,796|
|---|---|---|---|
|||||
||15,191
0||0
15,191
20,292
0
0
0|
||**15,191**||**0**
**15,191**
**20,292**|
||1,834,000
5,800
0||0
1,834,000
1,834,000
0
5,800
5,800
0
0
0|
||**1,839,800**||**0**
**1,839,800**
**1,839,800**|
||720||0
720
576|
||**720**||**0**
**720**
**576**|
|||||
||**1,854,271**||**0**
**1,854,271**
**1,859,516**|
**P Stace** Trustee Approved by the board of trustees on
Page | 10
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Notes to the accounts**
## _**1. Basis of accounting**_
Receipts and payments accounts are permitted for smaller Charitable Incorporated Organisations. They summarise the movement of cash into and out of the charity during the financial year. In this context “cash” includes cash equivalents, for example bank accounts where cash can be readily withdrawn to pay for debts as they become due.
## _**2. The nature and purpose of each fund**_
Restricted funds comprise monies received for specific purposes, as laid down by the donor. Appropriate expenditure is allocated against such funds.
Unrestricted funds are those funds which are available for the general purposes of Southside Baptist Church.
## _**3. Trustee remuneration**_
No Trustee receives remuneration for their services as a trustee of Southside Baptist Church. All Trustees are reimbursed where appropriate for expenditure incurred on behalf of the Charity. These expenses are included in the receipts and payments accounts in the appropriate category.
## _**4.Salaries and wages**_
|Gross salaries and employers National Insurance
Pension costs
Average number of full time employees in year||2022
0
0
0
0.0||2021
0
0|
|---|---|---|---|---|
|||||0|
|||||0|
The above amounts are included in the receipts and payments accounts in the “payments relating directly to charitable activities”.
## _**5. Taxation**_
The charity is not liable to tax on its charitable income.
Page | 11
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Notes to the accounts**
## _**6. Analysis of receipts and payments for the year**_
|**Receipts**
Donations / Rent
Other Income
**Total Donations Received**
Investment
Income
**Total Receipts**
**Payments**
**_Payments relating directly to charitable activities_**
Gross Wages and salaries - charitable activities
Other direct charitable
Travel and Subsistence
**_Premises Costs_**
Utilities
Insurance
Rates
Premises maintenance
**_General administrative expenses_**
Office & General expenses
Subscriptions
Licences
Software
**_Grants paid_**
Grants paid to individuals
Grants paid to institutions
**Total grants paid**
**_Governance costs_**
Examiners Fees
Legal Expenses
**Total Governance Costs**|2022
_Unrestricted_
_Funds_
50,898
4,101|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
0
50,898
40,466
0
4,101
3,492|2022
2022
2021
_Restricted_
_Total_
_Total_
_Funds_
_Funds_
_Funds_
0
50,898
40,466
0
4,101
3,492|
|---|---|---|---|
|||||
||**54,999**
3||**0**
**54,999**
**43,959**
0
3
0|
||**55,002**||**0**
**55,002**
**43,959**|
||0
4,161
288||0
0
0
4,161
0
0
288
288|
||**4,449**||**0**
**4,449**
**288**|
||3,254
2,070
2,461
38,281||0
3,254
3,393
0
2,070
1,657
0
2,461
3,168
0
38,281
18,188|
||**46,067**||**0**
**46,067**
**26,405**|
||3,829
2,043
159
0||0
3,829
2,151
0
2,043
905
0
159
159
0
0
176|
||**6,031**||**0**
**6,031**
**3,391**|
||570
1,200||0
570
0
0
1,200
1,200|
||**1,770**||**0**
**1,770**
**1,200**|
||576
1,211||0
576
576
0
1,211
7,590|
||**1,787**||**0**
**1,787**
**8,166**|
Page | 12
**Southside Baptist Church CIO Report and Accounts for the year ended 31 December 2022**
## **Notes to the accounts**
## _**7. Analysis of funds for the year**_
|General Fund
Restricted Funds
**Total Funds**||_Balance_
_at 1 Jan_
_2022_
£
20,292|_Receipts_
£
55,002|_Payments_
£
(60,103)|_Transfer_
_between_
_Funds_
£
0|_Transfer_
_between_
_Funds_
£
0|_Balance_
_at 31 Dec_
_2022_
£
15,191|
|---|---|---|---|---|---|---|---|
|||||||||
|||20,292|55,002|(60,103)||0|15,191|
|||||||||
|||0|0|0||0|0|
|||||||||
|||**20,292**|**55,002**|**(60,103)**||**0**|**15,191**|
## _**8. Analysis of Grants for the year**_
|**Grants to Institutions**
Wycliffe Bible Translators
**Total Grants to Institutions**
**Grants to Individuals**
**Total Grants in Year**|2022
_Unrestricted_
_Funds_
£
1,200
1,200
570
**1,770**|2022
_Unrestricted_
_Funds_
£
1,200
1,200
570
**1,770**|2022
_Unrestricted_
_Funds_
£
1,200
1,200
570
**1,770**|2022
_Restricted_
_Funds_
£
0|2022
_Restricted_
_Funds_
£
0|2022
_Total_
_Funds_
£
1,200
|2021
_Total_
_Funds_
£
1,200|
|---|---|---|---|---|---|---|---|
|||||||||
||||1,200||0|1,200
|1,200|
|||||||||
||||570||0|570|0|
|||||||||
||||**1,770**||**0**|**1,770**
|**1,200**|
Page | 13