2020-08-31-accounts

REGISTERED CHARITY NUMBER 1186522 FINANCIAL STATEMEKfs FOR THE PERIOD ENDED 31 AUGUST 2020 FOR SANDBACH BAvrisr CHURCH (CHARITABLE INCORPORATED ORGANISATION) Page l of 16

SANDBACH BAvrIsr CHURCH coKrEtirs OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGusf 2020 Report of the Trustees Independent examinerfs Rew s￿*￿rEnt of R￿EIpts and Pay￿Ents 11 Stste￿￿t of Assets and Liabilities 12 Notes to the FinarKial Statemts 13-16 Page 2 of 16

SANDBACH BAvrisr CHURCH REPORT OF THE TRusfEES FOR THE PERIOD ENDED 31 AUGusf 2020 The trustees present their report with the flnancial statements of the charity for the period ended 31 August 2020. The trust￿5 have adopted the provisions of the Ststement of RecomffEnded Pr￿1 (SORP) -Accounting and ReportirHJ by Charitie< REFERENCE AND ADMINIsfRATON DEfAILS Sandbach Bap￿& Churth Reglstered Charity Number 1186522 Prlndpal address 36 Green Street Sandbach Cheshl CWII IGX The trustees of the d￿rIty durfng the pwiod were: Rev A Stewart (Chair) Mr B Williams Mrs L Mynett Mr I Parsons Mrs S Warburton Mr D Murphy Dr K Watkinson tnstees a￿ all manb￿S of the tharity The trustees of the charlty at the date the report and accounts were approved were: Rev A Stewart (Chair) Mrs L Mynett Mr I Parsons Mt5 S Watburton Page 3 of 16

Mr D Murphy Mr G Hlll Mrs A Jones Bankers Royal Bank of Scotland Independent examiner Mr D Halknrth Charltable object The principal pur￿SeS of the Church a￿. l) The advancement of the Chrlstian faith accordirrfj to the principles of Baptlst denomlnatlon, and 2) Tr Church may also advan￿ educatK)n and Izrry out other dRritable purposes in the UK and/or other parts of the world STRUCTURE, GOVERNANCE AND MANAGEMENT Sandbach Baptist Churth was previously structured as a Charitsble Unlncor￿jrdted Association. Ix)wever the Church trok the decision to convert to a Charitsble Incorp)rated Organisation fCIO'? arKd the ￿ CIO was registered with the (hrity Commission for ErKJland and Wales on 22 November 2019. The Charity Commlssk)n for England and Wales authorfsed the transfer of assets and liabilibes and the grdnting of an indemnty under section 105 of the Charitles Act 2011 between Sandbach Baptlst urch (the unincorporated entity) a￿1 Sa￿lbach Baptist Churth (1186522) on 29 January 2020. The financial statements therefore reflect a finanaal perlcKJ from the date of CIO registratK)n; 22 NovemtEr 2019 - 31 A￿Just 2020. Future yeats financial reFyJrtlro will revert to a full 12 rTh)nth pericxl from I September to 31 August. The charity is a Mem1￿ of the Baptlst Union of Great Britain arKI the North Western Baptist Association. Governing document and Management The charity 15 controlled by its goveming document (CIO Ass(xiatK)n Constitution) dated l November 2019 and a￿Ended 7 March 2021. Church M￿tErs, Meetings are held during the year to discuss and make key decisions on the life of the Church. In accordan￿ with the constitutK)n, memLErs ap￿int Trustees who are responsible for the overall governan￿ rf the thurth, and the financial arKI legal aspects of the charity. The Trustees m&t regularty every 34 weeks. All membws are encouraged to tske an approwiate part in the spfritual and practical tssks involved In the furthe￿n￿ of the charitsble objective. Objectives and Activities In order to achieve the prlnclpal charitable objective atyjve, the church provldes a Wdriety of actlvltles to its membershlp and to the communty. The alm ts to share love of Jesu5 with the communty in Sandbach. Page 4 of 16

The (hurch does not (Mn a pl￿ of worship but rents a hall at Sandbach Primary Academy on a Sunday momirKJ. Addltionally, the Church rents a communty building at 36 Green Str& Sandbach for further acts of worship, study groups and our aynmunity-based activlts. The Church's actmtles thanged signifKantly during the year following the outbreak of the Covid-19 pandemic and therefore the followirKJ activities reflect what happen￿1 Ixjth pre and t￿t lockdown, whth (mirral on 23 March 2020: CEntrdl to the work and wi1J￿SS of the Church is the provisk)n of regular services of Christlan W￿shIp. These seNices tCK>k pl￿ eath Sunday at 10.30am at Sandbach Primary Academy and 6.30wi at Oasis Cnmmunty Centre. The￿ was a children's wogramrrE during the rrK)rning servKe. The Church also ran a serles of st￿ Groups and Prayer MeetirvJs for the growth of faith aTh dlscipleship In either the trKx)￿ of Son￿ memLvs or at Oasis Communty Centre. The thurth ran a number of mldweek groups fr(xn Oasis Communlty Centre. T1￿ IndUd￿ a ca￿r a￿1 toddler Group called Tots arKJ Co, whth met weekly, Welcome Bap, a group for senlors, whlch also met ￿kty and "Knit and Natterf which met twi￿ a ￿K)nth. The Church also ran a monthly worshlp Service for the members (* Welcome Bap. In addition, the Churth also Starte￿ a group called he Strugglers", which kx)ked to support vulnerable people Sn our cc¥nmunity. urch memb￿5 also run the I(￿al group of Urt)an Saints, which Is a nati(Thl non4ervJminatK>nal organlsation for young ￿pIe. The Church is an ￿1ve memtEr of Churches TcNJether in Sa￿lbaCh and in addition to joining t￿ether in of worshlp, Churth members also iolned with other churches in Sa￿lbaCh to supp)rt, tx)th flnancially and with volunteers, the followlrKJ communty seivices: SarKlbach Focxlbank Ufeline Debt Advi( The Church abo has strong tfes with SarKJbach Prfmary Academy where our minister is a c￿ern and took assemtAies, wEnt on sdKxA trips and ak)ng wlth other church rrffiibers dKI one-to-one reading with the childm. In temis of wider mlssion actfvltles, the Church Indudes support for a WKk varlety of misslon projects in the UK and overseas through ￿sOnal contac¢ prayer and financial gmng as folklws: Baptist Union Home and OVe￿S MissK>n Hea11￿j Rooms Prlson fellowship Ccxnpasslon Intemational, through which the Churth supports six thlldren and yourKJ people In different Count￿ by correswnding by letters a￿1 cards O￿n tknrs Teams4U ShoetK)x Projett Cry In the Dark Tearfund The Church also Makes the Oasis C(xnmunty Centre available to 3f(I parties for hlrlngs and this offer has b￿n taken up by The Universty of the 3rd Age ("U3AI for some of its communty led artivibts. The Church operates a SafeguardirKJ Policy to protert children and vulrErnble adults. Page S of 16

LLrkdown Following the Covid.19 ￿efflrr￿nt kxkdown on 23 March 2020, the Church stOPfEd meetir¥J for worship at Sandbath Primary Acadffj arKJ closed Its (knrs at Oasis CcAnmunity Centre. All mid- k groups, includlrKJ House gr￿pS stopr£d M￿tIng physically. The ￿urth looked at ways of keeping connect￿1 with members arKI ass(Klates and over time put in the following solutions: A N%Eekly rvKe was recorded and wsted onto the Church website and recorded (J)'s were offered to those folk without the Intemet Ontr a month, a video service was recorded arKI ￿)sted on the Church You TU1￿ d)annel Study groups and prayer groups continued vlrtually, either using the ZLK)m platform or through email. A numtEr of WhatsApp groups were establislEd (or In s¢Th cases continued) to Cnn[￿ wple through ￿aYer req￿ts and sharing of informatlon. The leader5 and helpers of Welcome Bap, Tots arkd Co and Struggler5 kept in touch with their meJnbers regularly Mernt￿r5 offered pracuol SUp￿rt to people in the communty or wlth links to the Church who were in need The minister w￿UCed a weekly newsletter, which IndUd￿ te￿hing, family news, prayer requests and special Items of interest to the Churth. These were emailed to memtErs and ass(Kiates arKI printed and delivered to those folk without emall The mlnlster and elders ￿rSOnallY telephoned all memtHs arKI assodates on a regular basis to keep in t0￿h and offer to pray them ff approprlate The Church offers the OPFX)rtunlty to anyone to get together vlrtually Iwlce a month chat As the UK continues to follow the &)vemments Roadmap on exitlrKJ krkdown, the Church wlll kx)k to physlcally rw)en its activltks on a gradual basts followirvJ ￿)vern1r￿t guldelines, tsklng into account ￿ safety of its memtEr5, associates and communlty. Some communty sUPPOrt activltles such as SarKJbach FcKxJbank a￿1 Lifeline Debt Advi￿ were able to re-start durirYJ lockdown and rrmibers have continued to SUp￿rt these activitsts during lockdown. The Churth d￿S not measure the success of its programmes only in numbers, ind￿JIng finandal numbers but also in less tsnglble areas Ilke felk)wshlp arKJ encouragement. The Trust&s reC￿3nise that these are difficult to measure, particularly during a time of Government Covid-19 reStri￿nS. The activities ltsted in the settion alx)ve under "Objectives and Activits" darKX￿ a thurch which is committed to Its charltsble objectsves. At 31 August 2020, the ff£mbershlp st(x)d at 48. Financial Review The Church contlnues to raise the funds, which it needs to (3ry on its ac￿VItIeS from within its own memtErship/congregatK)n and from 3rd party hirlrKJ of the Oasls Communty Centre. PAJditlonalty, in thls finandal ￿lOd, Church t￿nefitt￿ from a grant from the Local Authorlty to reco3nise that the Oasis Communlty Centre needed to ck)se during lockdown, due to CovKI-19. Further grants have t￿1 received up to ttE ￿fjnt of this rew)rt being signed. The Church ￿mplOY5 one member ( staff, whlch is the minister and Is heavity de￿Ient on its membershlp worklng as volunteer5 In all aspects of the church's ackn. Page 6 of 16

The Churth sets a mission budget each year based approximately on IO% of the wevious years income and sUp￿)rtS the work of the wider Church and other rkitional internatiolwl Chrisban organisations through mission gffts. financial results for the periLKI, t(￿ther with a summary of the accounting Okyes adopted are set out in the ￿COMpanY1ng financial statements. The Trust&s are pleas￿1 to rel￿ ttrkat dwite the impact of kKkik)wn, the a)urch still generated a surplus of £10,154. Signed:.... Rev AG Stewart Chair of Trustees Page 7 of 16

Report of the Independent Examiner to the Trustees of Sandbach Baptist Churth On the accounts for the perlod 22NI November 2019 _ 319t August 2020 Respectlve responsibilltles of Trustees and Examiner The Church's Trustees are res￿nSIble for ￿ preparation of the accounts. The church's trustees consider that an a￿lIt Is not requir￿1 for this twiod under section 144 of the Charities Act 2011 fthe Charities Acr) and that an indeperKlent examination Is ￿ded. It is my reswnsibility to: Examine the accounts u￿ler sectlon 145 of the Charities Att To follow the pr￿lUreS laid down in the general directions given by the Charity Cixnmission (under section 145(5)(b) of the Charities A¢ and To state whether particular matters have C(￿ to my attentK>n Basls of Independent examinerfs statemert My examinatlon was carrled out in accordan￿ wlth general directlons gNen by the Charity Commission. An examlnation inclLKles a review of the accountlng records kept by the church and a cornparison of the accounts presented with tIM)se records. It also indudes conSid￿atsn of any unusual It￿nS or dlsck)sures In the accounts arxl seeklrKJ explanatK3ns from trustees corwnlng any sudi matters. The w￿lureS undertaken do not provKle all the ￿lden￿ that would be required In an audi¢ and consequenty no oplnlon is given as to whether the accounts pr￿t a ,￿r￿ and falrf VÈW arKI the report is Ilmlted to those matters set out in ￿ ststawit below. Independent examiners Statement In connection with my examination, no materlal matters have corne to my attention whith gives me cause to believe that in, any materlal respecL" accounting recor(ts We￿ not kept In accordan￿ with sectlon 130 of the o￿TitieS Act; or the accounts do ￿t accord with the ￿Unting records I have corrE across rK) other matters in connection with the examinatfjon to whlch attentk)n stK)uld be drawn in order to enable a proper uNkrstandirwJ of the ￿CoUnts to be reached. SKJnature of ifKlependent examI￿:...... . Name of lrKIe￿rKlent exaMI￿r. f).rtV.i9......ELILLLW.M................................................................. Relevant professlonal qualffication of independent examlner..... Name of firm (where appropriate):.................... ........-................................. .................................................-.............................. Address:...... 2G......QLLLL... s+., &AMJfjhL14.....C/ttlJdiKe........................................... Post Ccx*...awiJ.....3.1.É Date:.....l..L.: OL :..g.I Page 8 of 16

SANDBACH BAvrIsr CHURCH NANCIAL sfATEMEKf FOR THE PERIOD ENDED 31 AUGusf 2020 GENERAL RECEIvfs & PAYMEKf AccouKf (UNREsfRIcfED FUNDS) 2020 2019 Receipts w￿klY offerirys Donatlons Income tax recovered on gifts Investment income Rents and contributions for use of premises 2,963 34,475 9,369 1,597 705 10,743 50,775 10,248 1,499 1,177 1,239 700 1,712 78,093 Church weekend Other Income Total Recelpts 12,060 6¥169 Payments Ministry Mission Prernises Adminlstratlon and Oth AnKJunts passed onto ottw causes Totsl Payments (27,485) (4,080) (8,089) (2,267) (43,976) (10,449) (16,￿￿) (5,828) (25) (77,184) (41,921) Net receipts l (paym￿ts) for the pffiod 19,248 Transfers from genernl fund Transf￿5 to generdl fund Cash balan￿ at previous year end Cash balance at ￿rrent year end (507) 20 90,069 108M30 110 89,050 90,069 Page 9 of 16

BUILDING FUND RECEIFYfs AND PAYMEpifs AccouKf (DESIGNATED ACCOUtffj Note 2020 2019 Receipts Donations and other iru)me Incorne tsx recovered on gifts Total Recelpts Payments Repairs to Manse ImproveffEnts Total PaYM￿ts (8,685) (8,685) Net recelpts (payments) for the period (8,685) Transfe￿ (to) / from Buildlng fund 55,975 47,290 55,975 55,975 Cash balaTr￿ at current year end WELCOME BAP RECEIPTS AND PAYMEpifs AccouKr (RESTRIcfED FUNDS) Note 2020 2019 Recelpts Donations and other inccxne Memorials Totsl Re￿ipts 191 150 341 607 607 Meals Total Payments (189) (189) (568) (568) Net recelpts l (payments) for the perlod 152 39 Transfers from Welcome Bap Account Cash balan￿ at previous year end Cash balance at current year end (20) 1,292 IA24 (110) IB63 1,292 Page 10 of 16

FUNDS) 2020 2019 Donations arKJ other Ir￿l￿ne Totsl Receipts Chikl SFK>ns(wship chaiities Total Payn (1,447) (1,447) (2,886) (1886) 14et recelpts l (paymats) fw the perlod (561) 507 Page 11 of 16

srATEMEKf OF As￿ AND UABILrrIES AT 31 AUGusf 2020 2019 Bank arKJ Its cash balan￿5 Cash in hand (unbanked Collecti¢￿S) RBS Bank ACc￿nt shaW￿(x* Bank CAF 12 Month F￿ed Secure Trust Bank (flxed) Epworth Affirnatlve t￿￿Sit (deJnand) 332 ,481 30,197 20,379 51,531 Glft akl daIn￿d txrt Njt rec￿ Assets hekl for Church's own use Total A&sets 10 207,488 365,031 207,488 354￿77 ￿a￿l￿eS Current liabilities Pension thme liabillty Other Ikbilities Total Llabilttles 1,239 21,486 11 21725 24,629 The acc¥)unts arKI Stat￿l￿t of assets and16abilities as set on pa￿ ￿12 felatirvj to the tEri KlirKJ 3 August 2020 are as approved by trustees. IH Parsons Treasurer Page 12 of 16

NOTES TO THE FINANCIAL ACCOUNTS l. Basls of accounts These accounts have been prepared on a-receipts and pay[￿ts, basis and in accordan￿ with Section 133 Charities Act 2011. 2020 2019 Bank and savings intexest Trust Inccmne Other Investment Income Trtal Investsnent Income 1,597 1,499 1,597 1.499 3. Raised for other Causes 2020 2019 BMS Ufe's Flrst Cry Totsl raised for other Causes 1,239 1,239 4. Other Income 2020 2019 Grants Insuran￿ dalm Utility and other refunds Other incorne Total Other Income 10,000 591 1,121 1,712 11060 5. Mlnistry 2020 2019 Ministerfs stipend Pension contributlon Pension def￿1t fund PAYE arKJ National insuTrn Counal Tax, Travel aThJ general expenses Manse costs (indudirvJ telephone) Other ministy Total Ministry (13,804) (4,513) (2,711) (2,340) (1,602) (2,465) (50) (27N85) (22,610) (6,143) (4,111) (3,543) (3,297) (4,112) (160) (43,976) The Minister acts as one of the church's trustees and receive5 remuneratk)n and 0￿r beneffts in respect of his Servi￿ as Minister, Induding the provislon of manse accommodknn, owned by the church. Page 13 of 16

1. Misslon 2020 2019 Baptist Mlssionary Soc Baptist Home Mission A Rocha UK Bible Society CF Net Cry in the dark Gideons Hardship Gift Healing Rooms Lifeline Debt Advice Open Doors Prison Fellowship Sanctus Tear Fund Urban Saints Totsl Mlsslon (810) (1,830) (l(M)) (1,350) (2,230) (200) (100) (1,050) (200) (100) (29) (200) (2,000) (500) (2,100) (100) (l(K)) (250) (300) (200) (390) (4,080) (390) (IOB49)
2. Premlses 2020 2019 Rent- Oasis Utilities- Oasis Small equipment purchases- Oasis Insurance- Oasis Fire extinguisher checks- Oasis Hire of Hall- Sandbach Academy Total Premlses (5,760) (1,097) (232) (9,6CM)) (2,208) (1,338) (895) (228) (2,637) (16.906) (1,000) (8.089)

3. Administratlon & Other 2020 2019 Website Fees CIO Legal Fees Licensing fees Subscriptions (BU, NWBA and Ctis) Safeguarding Fees Youth/Sunday School Consumables Other Church weekend Totsl Admlnlstratlon and Other (48) (967) (56) (209) (270) (12) (615) (90) (540) (938) (1,175) (498) (114) (1,163) (120) (1,280) (s￿28) (1267) Page 14 of 16

4. Chlld sponso￿lP Charities 2020 2019 Compassion Intemational Open Doors Tear Fund Totsl Child Sponsorship Charities (1,150) (162) (135) (IA47) (2,391) (270) (225) (1886)

5. Assets held for Church's use 2020 2019 Manse Sound equipment Visual equipment Computers Other Total Assets held for Church's use 206,113 750 175 250 200 207h88 2(￿1,113 750 175 250 200 207,488 The church is the benefidal owner (subjett to the re￿ant tnsts) of the following a&sets, the legal tide to which is held lry ttE churth's cuodlan trustee [the Baptlst Union Cor￿ratIOn Ltd]: urch man at 53 Booth Avenue, Sandbach, CWII 4JN valued In the accounts at £206,113 The churth also fixture5, fvmiture and equlwnent with a value of £1,375
6. Penslon Scheme Liability The Church Is a participating employer the Baptfst Pension Scheme fthe Scheff£?, which is a separate legal entity administered by the Pension Trust￿ (Baptist PenSh￿ Tnst Limitad). The assets of the Scheme are held separately from those of the Empbyer and the other partlcipatlng anpk)yers. The Scheme, previously known as ts Baptist Ministers, Penslon Fund, stsrted In 1925, but was dosed to future accrual of defined t￿nefits on 31 De￿rnL￿r 2011. Prior to thls date the main tEnefft pn)vlded through the Defined Benefft (DB) Plan was a pension of one eightieth of final minimum pensionable inco￿£ for &3ch year of pensionable Servi￿ twher with ￿ldI￿Onal F£nsion In rtsFect of premiums paid on Pensionable Income In excess of Minimum PenS￿nable Irmme. sin￿ l January 2012, berbefits have b￿n provlded through a Defined Contribution (DC) Plan. A forn￿1 valuation of the DB Plan as at 31 December 2019 by a professionally qUalif￿d Actuary using the Projected Unit Methcxl. At the valuation date the market value of the DB Plan assets was £298 million, whilst the level of assets needed to pay benefits was £316m, giving a defKit of £18m (equivalent to a past service funding level of 94%). The Thurch and ts other paitipating employers In the DB Plan are collectively responsible for funding this defKL The next actuarlal valuation of the DB Plan wlthln the Scheme Is due to take pl￿ not later than as at 31 December 2022. Under the Schedule of Contributions, the church makes a monthty payment In respect of the DB scheme defici¢ currenty £307.95, which will increa* In Ilne with increases In Minimum Pensionable IrKome. The Schedule of Contributti)ns fores￿5 these contributions continuiThJ until June 2026. The slon scheme liabilty shown in the Statement of Assets and Ilabllttles Is calculateAJ as the current Page 15 of 16

rate per month rnultipli￿ by the numlRr of nN)nths remainitKJ in the current Sd￿dule of Contributions, whlch an￿￿nted to £21,486 as at 31 August 2020. The Churth has b￿n advlsed that the estimated cost for the church to buyout thelr Pension Scheme liabilitles at 31 August 2020 was £34,900. Page 16 of 16