REGISTERED CHARITY NUMBER 1186522 FINANCIAL STATEMEPIt5 FOR THE PERIOD ENDED 31 AUGusf 2021 SANDBACH BAvnsr CHURCH (CHARITABLE INCORPORATED ORGANISATION) Version control: Version Fmal dated 2812122 Page l of 16
FOR THE PERIOD ENDED 31 AUGUST 2021
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FOR THE PERIOD EIIDED 31 AUGUST 2021 (SORP)-P£cthJntiThJ arnl Re4KXtiThJ by chare< sabaCh Bati5t (hurth 1186522 Prfndpal addre95 36 Green Street SaThJb hre LWII IGX Rerf A Stewart (Chair) Mr B Williams (• 30111120) Dr K watkIF 30111120) MFSLMY Mr I PaNffts Mrs S warirtOn Mr D Murphy Mrs A Jones [ainted 30IIV20) Mr G Hill (ap]Intl 30IIV20) The tnJees are all meMt5 cl charty A steart {thiir) Mrs L Myr Page 3 of 16
Mr I par5(X 29111121) Mr D Murpty Mr G Hill MA]C Mrs S Ra(kthffe {aNXMnfi 29111121) Bankws Rffi1 Bank of ScottaThd Mr D Hallbyc incwl PUFFOS of (Jth are: dencxniWion, aTrJ 2) The Church may advan KotH)n aYKI carry rther dwilatde purrx)ses in the UK arKl/or ott Forts of worl however the Churth t(K (kciSK)n to COnvt to a aritab[e Ital Organisatsn fCi(Y) and new CIO Yo5 regtstered byith the tharity Cc¥nmissi)n for EnglaThJ aThJ wa on 22 Novemter 2019. Charity CLKnrnssk)n for EThJland and W5 atri the transfer of assets and liatmlities and the grdntiNJ of an indemnty urmjer seCn 105 of tr Chaiitrs 2011 SandLkth Bart urth {tt unltaj tity) and Sand1k BarAist (1186522) 29 Jawary 2020. Whilst the finarla1 staten£ for this year Feflett a fult l2-nKth Xj, preou5 txI for comparwn pur)Se5, rdlect a SNter finan(ial date of ao registTrlion' 22 t)vember 2019 - 31 Aust 2020. AkatiOn. 2019 arKI 7 March 2021. the Church. In a(xDrddt with the Const[tt. appint Tr who are rw)nsible for overall 9)VerTb3n cl the Church, finan(ial arn3 legal aSts of the dwrty. Tr Tn&ees meet regularty effj 34 we5 arnl a finaNial rekxyt at e I Mem$ are encourawi to tske an aiycfite Fort in the 4iritil tasks inw)tv&l in Page 4 of 16
to its rnthhip to the cunmunity. Tr aim is to share the IONE of Jesus wlth the c£rnunty in Sandbath, and further af. The Church otwates a SafeguardirKJ to prtttt (hshjren aThJ vul1rnble alults. vkni(h TS Sunday moming. hAlditionally. Churth rents a (xxnlnunty buildiw at 36 Grn Streef Sandbath Oasis? for worthip, • groups aThJ c(Jnmunty-based a(tNiiEs. Tr Church also tFlets Oasis to oNnmunty group Ch$ arXiviis dnl signifKanUy (hJriThJ fr)lkn¥iry the ouibreak of the CovKI.19 paTxkniic in &irly 2020 arKI sWtSqt kd(knvTh year sCe alivitEs Vre able to r (llmmen whiLst rtheTS contin1 )111 or put on until it vfos safer to re-siart. A 9Jmmary of key is as fdbw5: CeTttral to the and witTESS of thurth 15 ttE pru¥i5KM of rsjular 5avKes cl thristian worship and fdlowship. tJring kthknyn, the ChuTd) FYovKl&l". A rrbjnthly vbjeo servi, which was a1 [ed cffl the Churth You TU d)annel Wirtual Stl prayv group5 either usirq I z( or thr(KvJh anail. A numl WI gTUUP5 estsblishol (or in cases crrtin1) to wple throwJh prw and slwir#J of infornn. cA)mmuntthte arKI erw ryth fdknwship The lea(krs contin1 to toJets JUlarty Lry ZLxMn to gIe sur4MYt ttE Ilfe and mission of the thurth The leaders helws crf Wern &3p, Tots a1 Co aThJ Str9th W in ts)h wth their members regulaty who Ere in need assc(iates and printed a1 (kIEver1 tD tfr¥)5e fc4k without emaii minister e[de tvs(Thlty te1eEknN all memlHs arnj as5CK>3ts cm a regular bass tn keep in to1 arKI fer to Eyay with tten rf meet tcrffftr physicalty &Jain ft)r w(Kship on a Surmlay nmIrj at SarnllJ3th Primary Acthy in July 2021. A chikjren's rj[am alw durw¥J mrniThJ seTVi(e. to fa again when it is safe to () y). Page 5 of 16
during the year. we saw a return rf folkM"iThJ Tots arKI Co- ts (arer5 arKI t(xkl Urton &iints for yourvj n the eNI of the finanaal habE atrij seen a retsyn (I: Prayer meetirwJ Wne lThJ study g Extemal lettiros to the univS1ty of the fu3A? for [15 CMunity led At the time cl pr}iJ ths r4KKL ts fo11Th3 grp5 are it is safe to retsjm to Oasis: for seniors Knit and natter for seniors StrwJleFS Group for vulal in our [Trun The Churth is an tIVe memtEr of (hurdEs in Sandbth a1 in JitK)n to joining churches in S)rnlikxh to sutvxt. financialty aThJ wth Unteers, the folk)wing community se[. 5aTrjb Fcthbank in the UK and o¥Erseas through FEr9Th1 cl aMI firkiThial giviThJ as folkn: Healing R(KNns Pri9)n felkwiP Comp3S-qon Intematwl, thyrwh whith Churth sutwts five chik1 arnl y(KJNJ w)p Urban Saints arKI Nthi Yth Camp5 Tearfund Sanctus &Jp ARUK Bible feline Debt AdvKe The Church (ks not measure the SULress of its w(wJram5 only in numlHs, indudiThJ financial numters LKrt also in kn tar01b areas like felkhyship arnj eourtht Tr Trustees reccgnise that these are drfknli to meagjre, 11thlarlY duriTrJ a tinE of GOVnEnt CThxl.19 restsictiors. Page 6 of 16
whtch is committed to its tharItab cVe5. On 31 August 2021, the memiEr5hip c)J at 50. Finanoial Review (hurth (L)ntinU to rase the funds, it neads to cary on its tiVibeS frcrfn wiihin Additwjnaliy, in this firk3TKial tEri<xI. the Chutch from grants the Lc1 AUNIty tD set out in the acoJnFonying final1 stat8TErts. Tr Tn&ees are pthl tD rep)rt that dqxte of bxk(h)vm, the a)urth sbll gatl a £11,182. Rev AG &eNart Chair of Tri Dats:.. l 4.. ? 21........ Page 7 of 16
consider that an aLxlit ts fK)t ra]uired for this unts sectKm 144 of the Ctrkirits Att 2011 fthe It is my 1$[1Xty to". Exami[ ac(Dunts uThJer sectim 145 of the Charibes kt To folkny pYcKedures laid 1kn4n in the diNin5 gi¥En ty the Charty common (under 145(5Xb) of the ChaTits ACL and comparison of the acrnunts westhl with tFK) r(ts. It aFs0 Indu corjeratth of any unusual items or disc[5 in the axnunts and seekiThJ extAanatKs from the trus nMIng any such mattef5. The prcralus uThlertaken do t provh all the that woukl requir&1 in an aud¢ arKI cors8]uentty rl) opinKsn is given as to whe11 the axounts a knje fai Cause to telieve that in, any material res. the accounts do accord count]J rdS drawn in or(kr to enable a urnkrsiaExliThJ of the aorourts to te reached. Name of firn (Yé apprnpriate):............................. ... .... gb....EILLL.. &F , $4a.w..... ..LkndJi.¢................................................................. P(tst C(Kk. C(u(( ...TJF. £L[0£12rt................ Page 8 of 16
SANDUCH BAvnsf CHURCH GENERAL RECEIPT5 & PAYMENT ACCOUKT {UNREsfRIcfED FUNDS) 20 2020 Receipts Weekly offeri 925 45,134 9,063 1,271 2,963 34,475 9,369 1,597 Income tsx on gifts Investment irKome l&isal for other (Thtses (hurth Other Inco Total Receipts 11,370 68,269 12,L 61,169 Ministy Mission (35,448) (6,892) (9,775) (2,712) (1,744) (56,571) {27,485) {4.080) (8,089) (2,267) Totsl Payma (41,921) Net ceIPts l (paYnts) for the yiod 11,698 19,248 (507) 20 Cash balance at pre¥ious year end Cash balan at current year e1 lo830 120,528 90,069 lo830 Page 9 of 16
ACCOUI 20 2020 Receipts t>)nats"or6 arKI ottr iTKome Income tax red on gTfts Total ReIpts Repairs to Manse maintenan Oa (8Crf)) (161) (961) (8,685) (8.685) (%1) (8,685) Transfers (tol l from Buil(fing fund Cash balan at previous year balan at year end 47.290 46,329 55.975 47.290 WELCOME BAP RECEtPTS AND PAYMEPITS ACCOUNT (REsfRICTED FUNDS) 20 2020 Receipts Donations arNJ InCe Memorials Total Receipts 191 545 150 341 (189) Gifts and cBrds Total Paynts (249) (249) (189) riet receipts l (paynwts) for the plod 152 (20) 1,292 IB24 Gish balance at previous year ejxl 1,424 1.720 Page 10 of 16
CHILD SPONSORSHIP REIlTS AND PAYMErirs ACCOLwf (REStRICtED FUNDS) 2020 Receipts 2333 33 T•)tal Receipts Payments Chikl charities io (2,184) (l184) (1,447) (1,447) Net ceIpts I [paynts} for the paiod 149 (561) 507 Page 11 of 16
20 2020 Bank other cash balarKes Cash in harKI (unFMkaJ COkntKY) RBS Bank Account knwbr(x)k Bank GIF 12 mth fixal 11.709 51,532 &3Pttst UriTh Ccffp. Ltd (7 Ilay Baptist UnNJn C. Ltd (3 Mtie) 20,IJ)2 53,011 Assets hehj for urCh'S use Total Assets li 207,488 365.032 474A92 Liabilibes OJtTent liabilitEs PenSK)n Sch&rE liabilty other Ikabiltties Totsl Liabilities 1239 21,486 18,477 18h77 21725 endirNJ 31 Awust 2021 are as approNEd tFUSt IH Par5(5 Treasurer 15.1.3.1.2L Page 12 of 16
NOTES TO THE FINANCIAL Accoupirs 133 CharitE5 Act 2011. 20 2020 Bank saviThJs interest Tnjst Income 1,271 1,597 271 IW7 20 2020 BMS Lifes first Cry 20 2020 Grants I[Urar claim Uiility arKI r)Uv refUts 11,370 io,(J)o 14370 11060 5. Ministry 20 Ministerfs sbFend Pensw)n contribution PenSn dtht fiJrMJ PAYE and Nati0Th41 insurdr Counol Tax, Travel arnl gerwal (18,912) (5,662) (2,918) (1928) (13,804) (4,513) (2,711) (2,340) (1,602) (2,144) Mare costs (indlirj tdeF+k) Other rninisty Total Ministry {1884) (2,465) (50) (27B85) (35B48) The Minister acts as of the chu.5 tn&ees ar¥J lECer remurthtw)n atxl other tmefits in church. Page 13 of 16
- Mission 20 2020 (1,080) (170) (1) (1) {i¢xJ) (2) (1) (93) (810) (1.830) (ilwi) Baptist Home Mission A Rocha UK Bible Society Chance Changing Li4es BMS Nepal Appeal Gideons (1) Bin Twinning F I I Healing Rooms Lifeline Debt Advice Open th)ors Prison Fellowship Sanctus Tear Fund Urban Saints {1) (I,(yxJ) (250) (lQ)9) (3(Kl) {ioJ) (250) {3LKJ) (2C(I) (39)) (4mO) (39)) {62)
- Premises 2021 2020 Rent- Oasis (7,722) (588) (69)) (398) [8) (240) (9.775) (5.760) (1,097) (232) utilities- Oasis Sm311 equipment purchases- Oasis Insurdnce- Oasis Fire extinguisher thecks-oasis Hire of Hall- Sandbach Academy (I,Iwx)) {8A189) 20 2020 Website Fees (245) (515) (642) (274) (105) (ioi) (209) (227) (373) (21) (1712) (48) (%7) (56) (2CP)) (270) (12) (615) CIO Legal Fees Licensing fees Subscriptions {BU. NWBA and CtiSI Other Fee5 Youth/Sunday School Consumables Cards and gtfts Advent Calendars/Easter Egg5 Other Total Administration and Oth () (1267) Page 14 of 16
20 2020 Life's first cry Icollected 20121) Life's first cry (collected 19120 and paid 20121) (1} (4744) 20 2020 Compassion International Open Doors Tear Fund Total Child SpoThxthp Charities (1,788) (216) (11) (1,150) (162) {135) cl4) (¥447) 20 2020 Manse Sound equipment Visual equipment Computers and fumtture Air Purifier 303.717 206,1 750 175 450 150 375 Totsl Assets held for Churth's use 305.666 207,488 The thurch is the LEla1 (gjbkt to relevant tns) L ft4knYllVJ assets, the IjaI titie trj vthth is by the thurth's atstsxlon tnstee UnK)n CTatK)n Ltdj: (hurth man at 53 Aln, Sa, CWII 4JN valual in the coUnts at £303,717 (based on irsuraik valtE as at 3V8121) thurd) aLg) owns fixtur4 furnIre aThJ with a value of £1,949 IZ Pwsiw Sdwne Liability The Thurth s a ripat1rMJ empkryer Baptst sd ftre Sd1, whth is a separate legal &1min[#er pens Truth (Baptst Pej Trt Limited). The The Sd)eme. prevM)usty known as the Baptr5t Mini5th' PSK)n FuThl, started in 1925, but VRS cbs8J to future ac(Tual (f defi1 nefits on 31 DecemiEr 2011. Prior to thi5 date main bendt provicbd through the {DB) PLin was a eightEth of minimwn nsionable i)n for each year L servKe tc¥Fts litional tLs1o in TesFrt of prwniums PersM)nable in ex Minimum PenSiOrkib Ir. sin l January 2012, benth Iwe thrDugh a C(th]tion () Plan. A forn1 WdiuatK)n of the DB Plan as at 31 t(8nr 2019 ty a qualifEd Actuary using the proj Unrt Meth(xl. At vatuth) d*e market Val of the DB Plan assets wa5 £298 Page 15 of 16
millN)n, whilst the of assets ne8Jed to pay £316m, giving a defi of £18m {equNaknt to a past seTvKe fiJThaTWWJ kryel of 1%). Church arxl tt paitipats"rYJ empkjyers in the DB Plan are colknbvdy furKlÈrxJ this next valuatN)n of DB Pla) wrthin i5 to tske l&er ttk4n a5 at 31 De(Hnter 2022. UFMJer the edu of Contrrbutmjns, the churth rnak a tEyment in of the DB scheme defi0¢ curr £307.95, whth will in(Tease in li wtth irKTeases in MinuTJLm Pen)nab[e Income. The thlute of contr?tt o)ntinuirKJ until June 2026. TI nsion theme liabilty stK)wn in the Statemt Assets arKI IK3biliiies is calw1al as ojrro rate month Mu1p11 by the nMIEr of rncth remainirwj in ttE CUert Sc*Aule c Cortribubon5, 7Ahrch an)nI% to £18,477 o at 31 Aug 2021. liabilftEs at 31 knJu5t 2021 was £30,6LKJ. Page 16 of 16