2022-12-31-accounts - Hope Baptist Church, Plymouth

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Legal and administrative information	Legal and administrative information
Trustees' / Directors' report		4 to 7
Independent Exam incr's report
Statement offinancial activities
Balance sheet		10
Notes to the financial statements		11to 19
Detailed income and expenditure	account
(not part of the statutory financial	statements)	20 to 22

				Unrestricted	Unrestricted	Restricted	Total	Total
				Notes	Funds	Funds	2022	2021
Incoming resources
Incoming resources from Voluntary Income	generated		funds		126,424	0	126,424	175,368
Investment income					487	0	487	6
Incoming resources from	charitable		activities
Grants &other restricted	income				0	0	0	0
Other activities					92,495	11,939	104,434	107,962
Total incoming resources					219,406	11,939	231,345	283,336
Resources expended
Charitable activities					211,072	18,049	229,121	184,567
Governance &support costs					22,293	0	22,293	24,146
Total resources expended				6/7	233,365	18,049	251,414	208,713
Net incoming resources					(13,959)	(6,110)	(20,069)	74,623
Funds transfer in year				13	(3,716)	3,716	0
Actuarial gains on defined	pension	scheme		15	69,500	0	69,500	22,600
Overall surplus (deficit)					51,825	(2,394)	49,431	97,223
Total funds at 1 January					954,571	9,384	963,955	866,732
Total funds at 31December				13/14	1,006,396	6,990	1,013,386	963,955

					2022	2021
			Notes
FIXEDASSETS
Tangible assets			10		843,575	843,296
CURRENT ASSETS
Debtors				10,721		9,098
Prepayments &accrued		income		5,000		3,000
Cash at bank and in hand				165,388		185,780
Groups cash at bank				552		881
				181,661		198,759
CREDITORS: amounts
falling due within	one year
Accruals			12	(3,400)		(3,400)
Deferred income			12	(8,450)		(5,200)
				(11,850)		(8,600)
Net current assets					169,811	190,159
Defined benefit pension		scheme liability	15			(69,500)
NET ASSETS					1,013,386	963,955
Unrestricted funds			13/14		1,006,396	954,571
Restricted funds			13/14		6,990	9,384
TOTAL FUNDS					1,013,386	963,955

.	Charitable Activities	—Grants and loans incom	e
			Unrestricted	Restricted	Total	Total
			2022	2022	2022	2021
	Grants
4.	Charitable Activities -	Other activities income
			Unrestricted	Restricted	Total	Total
			2022	2022	2022	2021
	Rental Income —242 PPR		22,587	0	22,587	17,169
	Rental income —34 Cedarcroft Road		10,500	0	10,500	10,500
	In &out donations to others		234	0	234	0
	SWYM worker deferred	income applied	4,950	0	4,950	3,300
	Mission		178	0	178	30
	Donations from groups	/ other income	4,377	0	4,377	2,671
	Employment allowance		4,764	0	4,764	5,708
	Job retention scheme (Covid 19)		0	0	0	9,149
	Community cafe / outreach		2,449	0	2,449	753
	CAP income		500	0	500	4,353
	Soup Run Gift ofHope hampers		0 0	2,872 6,258	2,872 6,258	2,606 10,499
	Ghana project		0	2,809	2,809	5,291
	Gift Aid Recovered		29,061	0	29,061	31,355
	Solar panels —FITtariff income		5,000	0	5,000	4,494
	Designated funds —church sub-groups		0	0	0	84
	Weekend away income		7,895	0	7,895	0
			92,495	11,939	104,434	107,962
5.	Bank interest		487	0	487
	TOTAL INCOME		219,406	11,939	231,345	283,336

			Unrestricted	Restricted	Total	Total
			2022	2022	2022	2021
Staff costs ministry		(see note 8)	121,118	0	121,118	113,340
Other direct	activities		89,626	18,049	107,675	64,861
Designated	funds —church sub-groups		328	0	328	543
Depreciation			2,385	0	2,385	5,823
			213,457	1S,049	231,506	184,567

Governance	costs			Unrestricted	Restricted	Total	Total
				2022	2022	2022	2021
Salaries (operations &administration			manager)	19,208	0	19,208	22,288
Legal costs	(CIO & library lease)			0	0	0	1,658
Independent	Examiner's	fee		700	0	700	200
				19,908	0	19,908	24,146
TOTAL RESOURCES		EXPENDED		233,365	1S,049	251,414	208,713

Staff costs
				2022	2021
Ministry —Stipends + employer NI Ministry —Pensions				27,186 8,431	27,112 9,966
Ministry —Housing Allowance Ministry —Minister related expenses (CTax, Ministry support costs Trainee Minister costs + expenses		travel,	water, ins, buildings)	9,600 3,708 2,666 24,397	9,600 3,858 971 28,679
Youth Worker (&SWYM) —salary, training Caretaker salary		&,allowances		34,165 10,965	0 10,866
				121,118	91,052
7
Administration 8c Operations manager	(governance		cost note 7)	19,208	22,288
				140,326	113,340

2022	2021
No.	No.

Tangible fixed assets For th	e year ended 31Dece	mber 2022
	Freehold		Solar panels
	Property	Minibus	&,other	TOTAL
Cost / valuation
At I January 2022 *	830,000	4,800	63,492	898,292
Additions	0	0	2,664	2,664
Disposal	0	0	0	0
At 31 December 2022	830,000	4,800	66,156	900,956
Depreciation
At 1 January 2022	0	4,600	50,396	54,996
Charge for year	0	100	2,285	2,385
Disposal	0	0	0	0
At 31 December 2022	0	4,700	52,681	57,381
Net book amount
As at 31 December 2022	830,000	100	13,475	843,575
As at 31 December 2021	830,000	200	13,096	843,296

Debtors &	Prepayments		2022	2021
Gift Aid Debtor			6,896	7,598
Other debtors (including		FIT)	3,825	1,500
			10,721	9,098
Prepayment	- Insurance		2,000	2,000
Prepayment	—subscriptions		1,000	1,000
Prepayment	—study fees		2,000	0
			15,721	12,098

Creditors: amounts falling due within	one year	2022	2021
Deferred income —CAP project		0	500
Deferred income —Employers NIC allowance		1,000	1,000
Deferred income —rent received in advance		4,100	0
Deferred income - SWYM worker grant/	provision	1,250	3,700
Deferred income —2023 Awayday		2,100	0
Total		8,450	5,200
Accruals
Accrual —Gas &electricity		1,500	1,000
Accrual —electricity		1,000	500
Accrual —legal costs re. library lease		0	1,500
Accrual —independent examiner		700	200
Accrual —Water		200	200
Total accruals		3,400	3,400
Total creditors dk provisions		11,850	8,600

Movement in fun	ds
			At 1	January			At 31December
				2022	Income	Expenditure	Transfers*	2022
Unrestricted funds:
General reserve				124,190	219,347	232,978	(3,716)	106,843
Revaluation reserve				830,000	0	0	0	830,000
Pension scheme adjustment				(69,500)	69,500	0	0	0
				884,690	288,847	232,978	(3,716)	936,843
Designated funds
Designated emergency		reserve		34,000	0	0		34,000
Fabric				30,000	0	0		30,000
Minibus 8c, equipment				5,000	0	0		5,000
Youth Fund				392	0	357		35
Luncheon Club				179	0	8		171
Women's Rendezvous				238	59	0		297
Flower Fund				72	0	22		50
				69,881	59	387		69,553
Total unrestricted	funds			954,571	288,906	233,365	(3,716)	1,006,396
Restricted funds
Soup run				777	2,872	3,237	0	412
Gift ofHope Ghana project				4,930 3,291	6,258 2,809	4,610 9,816	0 3,716	6,578 0
JG Mission				30	0	30	0	0
Refugee project (thank		off	2020)	356	0	356	0	0
Total restricted	funds			9,384	11,939	18,049	3,716	6,990
Total funds				963,955	300,845	251,414	0	1,013,386

Analysis	ofnet assets between fu	nds
			Unrestricted		Restricted	Total
				Funds	Funds	Funds
Fund balances at 31December 2022			are
represented by:
Tangible	fixed asset —church freehold		building	650,000	0	650,000
Tangible	fixed asset —investment	property		180,000	0	180,000
Tangible	fixed asset - Minibus			100	0	100
	Piano			5,000	0	5,000
	Music Projector		&PA	8,474	0	8,474
	Solar panels			1	0	1
Current	assets			174,671	6,990	181,661
Current	liabilities			(11,850)	0	(11,850)
Net assets at 31 December 2022				1,006,396	6,990	1,013,386

						2022		2021
Income
Unrestricted
Weekly Offerings						117,608		124,673
Legacies / one offgifts Mission						8,816 178		50,695 30
Rental Income —242 PPR						22,587		17,169
Rental income —34 Cedarcroft Rd						10,500		10,500
Other Income &Donations		from church groups				4,377		2,671
Church weekend away						7,895		0
Community Cafe / outreach						2,449		753
In &Out donations to others						234		0
SWYM worker income						4,950		3,300
CAP project income Gift Aid Recovered						500 29,061		4,353 31,355
Solar Panels FITtariff	income					5,000		4,494
Bank Interest						487		6
Designated funds —church sub-groups Job Retention Scheme claims (Covid				19)		0 0		84 9,149
Employment Allowance (HMRC)						4,764		5,708
						219,406		264,940
Restricted
Soup Run Gift ofHope hampers Ghana project income	(including (including		TO TO	22) 22)		2,872 6,258 2,809		2,606 10,499 5,291
						11,939		18,396
						231,345		283,336
Expenditure
Charitable activities (page		21)			229,121		178,744
Governance & support	costs (page 22)				22,293		29,969
						251,414		208,713
Net operational income (expenditure)				for the year		(20,069)		74,623
Pension scheme adjustment						69,500		22,600
Net income for the year						49,431		97,223

Charitable Activities		U	nr	estr	icted
								Direct	Support
								Activities	Costs	Total	Total
								2022	2022	2022	2021
Minister (incl BU		pension			deficit		costs)	48,925	0	48,925	50,536
Trainee Minister								24,397	0	24,397	28,679
SWYM worker								8,850	0	8,850	3,300
Youth &Childrens		Worker						25,315	0	25,315	0
Caretaker salary								10,965	0	10,965	10,866
Training &other	staff			costs				1,308	0	1,308	971
Recruitment								1,000	0	1,000	1,430
Ministry &visiting			speaker expenses					2,666	0	2,666	1,324
Mission								12,063	0	12,063	13,458
Building Maintenance				&	Upkeep			36,845	0	36,845	19,224
Catering, kitchen		&,	Cleaning			materials		3,127	0	3,127	2,339
Utilities &internet								9,408	0	9,408	4,698
Multimedia Maintenance					&Development			0	0	0	1,577
Administration (photocopying						etc.)		3,153	0	3,153	3,399
Office equipment								821	0	821	1,224
Outreach								850	0	850	1,233
Discipleship								140	0	140	0
CAP project								4,100	0	4,100	5,366
Community Cafe								77	0	77	0
Minibus Expenditure								2,264	0	2,264	1,900
Church weekend	away							8,820	0	8,820	0
Depreciation								0	2,385	2,385	5,823
Designated funds		—church sub-groups						1,755	0	1,755	543
Children and Youth			work		subsidies			515	0	515	1,123
Other Expenditure		(subscriptions					etc.)	3,479	0	3,479	3,635
Bank charges &commission								229	0	229	50
Total unrestricted		expenditure						211,072	2,385	213,457	162,698
Charitable Activities —Restricted
								Direct	Support
								Activities	Costs	Total	Total
								2022	2022	2022	2021
Soup run								3,237		3,237	4,211
Gift ofHope								4,610		4,610	12,931
Ghana project								9,816		9,816	2,000
JGardiner mission								30		30	0
Outreach (TO 2019)								0		0	1,605
Refugee project (TO 2020)								356		356	1,122
								18,049		18,049	21,869
TOTAL CHARITABLE			ACTIVITIES					229,121	2,385	231,506	184,567

Governance costs
Office manager salary (net ofSMP reclaimed) Legal costs (CIOk library lease)			19,208 0	19,208 0	22,288 1,658
Independent Examiners	fee		700	700	200
			19,908	19,908	24,146
AL EXPENDITURE		229,121	22,293	251,414	208,713