**Charity registration number 1187741**
## **WEST LEIGH BAPTIST CHURCH**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **WEST LEIGH BAPTIST CHURCH**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|D Back||
|---|---|---|
||M M'Clelland||
||A Holmes||
||Reverend J Jacobson||
||N Copus||
||T Simmonds||
||S Culliford||
||M Napper|(Appointed 21 October 2021)|
||T Lawrence|(Appointed 21 October 2021)|
||O Olugbodi|(Appointed 21 October 2021)|
||Reverend W Eugster|(Appointed 1 March 2021)|
|**Charity number**|1187741||
|**Principal address**|1150 London Road||
||Leigh-on-Sea||
||SS9 2AJ||
|**Independent examiner**|John Caladine FCCA CTA FCIE||
||Caladine Limited||
||Chantry House||
||22 Upperton Road||
||Eastbourne||
||East Sussex||
||BN21 1BF||
|**Bankers**|CAF Bank Ltd||
||25 Kings Hill||
||West Malling||
||Kent||
||ME19 4JQ||
## **WEST LEIGH BAPTIST CHURCH**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Statement of Trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Statement of financial position|7|
|Notes to the financial statements|8 - 21|
## **WEST LEIGH BAPTIST CHURCH**
## **TRUSTEES' REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The Trustees present their annual report and financial statements for the year ended 31 December 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".
## **Objectives and activities**
The Church's objects, as set out in the governing document are:
a) The principal purpose of the church is the advancement of the Christian faith according to the principles of the Baptist denomination.
b) The church may also advance education and carry out other charitable purposes in the United Kingdom and other parts of the world.
The Trustees note that the Church is not a building, but a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ, were also committed to love and care for each other and to bring a blessing to the area in which they lived. The WLBC Church; its Trustees, elders and members are committed to the restoration of those New Testament principles. It is not alone in this, it is one of many Churches in the area, country and all over the world that is re-discovering the excitement of knowing Jesus Christ. The vision is to see the people of WLBC District come into this experience of knowing Jesus as their Lord, Saviour and friend.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
To further the above objects and vision, the charity's main activities and achievements during 2021 were as follows:
West Leigh Baptist Church (WLBC) is a thriving community of people who believe in, and follow Jesus Christ believing Him to be the Son of God; a church of ordinary people who in reading and seeking to obey God’s Word, the Bible, are day by day longing to share the transformative love of God with the local community and beyond.
Our vision Statement of “Jesus in Us, our Church, our Community, our World” remained our clear focus during 2021; however, WLBC like many churches was significantly disrupted due to the ongoing Covid-19 pandemic with many activities having to be cancelled or postponed or held using virtual technology, something very different for all of us but with some opportunities for learning new ways of doing things.
The church continued to unite around five ministries during the past year, these being Discipleship, Parish Nurse, Pastoral Care & Prayer, Community/Sharing faith and Children & Youth & Families. During 2020, as previously reported, one of our two Ministers resigned and we are grateful for a previous Minister who has returned on a temporary basis to assist our other Minister who continues studying for a PhD. We have been blessed by the preaching and teaching of God’s word by our Ministers. We plan to commence the search for a new associate minister during 2022 (as a replacement for the former Minister who has been with us on a temporary basis).
Our Global Mission team continues to encourage the church fellowship to prayerfully consider others beyond the local church where we maintain links with specific missionaries including:-
- An Indian orphanage in Suryapet
- Viva
- Release International
- Others within the UK
- 1 -
## **WEST LEIGH BAPTIST CHURCH**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
During the year we have been able to pray and give financial support to these specific ministries, along with other mission partnerships including support to the Baptist Union, Christians Against Poverty, FoodBank and the Evangelical Alliance.
During the period where pandemic restrictions didn’t permit the church to hold traditional church services allowing the fellowship to gather together, we were able to provide a weekly on-line streaming capability enabling many to watch services from their home. Home groups were also able to exist virtually with Zoom and we are grateful for these capabilities that modern technologies allow. The church has many such home groups allowing members to have regular contact, prayer and support; and in response to growth in numbers primarily through the Alpha Course (which also ran with an electronic community during the year) new home groups have formed.
We have also continued to run activities for children and youth during 2021, albeit restricted because of the pandemic. Our “Stay and Play” activity for parents and carers with young children also recommenced and this is a service that is much appreciated in the local community, especially following on from the series of lockdowns and restrictions which have led to feelings of isolation amongst this group.
Parish Nursing continued ministering among the most vulnerable throughout the pandemic maintaining regular contact with many who were sheltering at home. As a church we were grateful for specific grants provided enabling the Parish Nursing team to work extended hours and in different ways to sustain meeting these needs within the fellowship and in the wider community. Following the lifting of the many pandemic restrictions this ministry continues to adapt to serving many who still find meeting with others a challenge given the rise in mental health issues among all age groups.
The church has a proper system of ensuring that the vulnerable are cared for and protected via the Safe to Grow policy and the use of the Disclosure and Barring Service (DBS). Regular identification of those involved in both working with children and young people and vulnerable people is carried out and training and support is provided. The system is reviewed annually and updated to keep up with best practice and legislation.
The Church operates a Charity Shop (Cornerstone) located around one quarter of a mile from the church premises. A part time manager and assistant are employed with the shop staffed by a team of very committed volunteers. As well as raising funds for the charity, Cornerstone also provides essential support and friendship to many in the community who come to buy goods but also receive love and care from the people who work there. Owing to the pandemic much of the early months of 2021 meant the shop was closed but there was an initiative of selling some items off premises. On re-opening we have seen a greater desire to use card payment due to nervousness in handling cash which we have been able to facilitate. By the end of the year, Cornerstone was back to delivering pre-pandemic levels of turnover and profit.
West Leigh Baptist Church operates a distribution centre for the Southend Area Food Bank open each Saturday morning, with sadly an increasing number of people in the community needing this kind of support. The distribution centre is managed well with a good number of volunteers, including some from the local community.
During 2021 the dilapidated Memorial Hall was safely demolished and the site cleared in preparation for the replacement completion of the church building (this follows on from the limited rebuild which available funds allowed, completed back in 2011). Due to the pandemic we are holding a review of the planning permission we have to determine how this building can best serve the needs of the church moving forward.
During the ongoing pandemic many of the community groups who use the building were unable to meet and we are grateful for the site team who ensured PPE and appropriate Covid-19 protection for all who were able to enter the premises.
Looking forward, we will be re-launching Task Groups which were suspended during the pandemic as these both encourage many to work together in supporting the vision, ministries and Ministers as well as staff in managing and operating a variety of activities in the church. As stated above, we will also be progressing with the search for a second minister along with continuing the planning for the completion of the church building.
## **Financial review**
During the year income decreased by £4,960, to £358,650 with expenditure increasing by £12,509, to £330,808. There was a surplus for the year on General fund of £1,737 after transfers of £7,908. At 31 December 2021 the Church held unrestricted funds of £388,463 compared to £386,726 at 31 December 2020.
- 2 -
## **WEST LEIGH BAPTIST CHURCH**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO).
The Trustees who served during the year and up to the date of signature of the financial statements were:
D Back M M'Clelland A Holmes Reverend J Jacobson N Copus T Simmonds S Culliford M Napper (Appointed 21 October 2021) T Lawrence (Appointed 21 October 2021) O Olugbodi (Appointed 21 October 2021) Reverend W Eugster (Appointed 1 March 2021)
Responsibility for setting policy and for determining the parameters within which the charity should operate for making operating decisions rests with the church members' meeting with the appointment of Trustees who meet at least once a month to monitor the activities of the charity. Responsibility for the day to day operation of the charity is headed up by the Trustees led by the Ministers. New Trustees are appointed through the Church Members' Meeting as stipulated by the governing document.
The Trustees' report was approved by the Board of Trustees.
## _**Andy Holmes**_
Trustee Dated: 14 September 2022
- 3 -
## **WEST LEIGH BAPTIST CHURCH**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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.
- 4 -
## **WEST LEIGH BAPTIST CHURCH**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF WEST LEIGH BAPTIST CHURCH**
I report to the Trustees on my examination of the financial statements of West Leigh Baptist Church (the charity) for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## _**John Caladine**_
## **John Caladine FCCA CTA FCIE**
Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1BF
Dated: 16 September 2022
- 5 -
## **WEST LEIGH BAPTIST CHURCH**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
189,265
72,005
Charitable activities
**4**
18,066
-
Other trading activities
**5**
264
60,396
Investments
**6**
20
-
Other income
**7**
16,037
2,597
**Total income**
223,652
134,998
**Expenditure on:**
Raising funds
**8**
333
39,793
Charitable activities
**9**
229,490
61,192
**Total expenditure**
229,823
100,985
**Net (outgoing)/incoming**
**resources before transfers**
(6,171)
34,013
Gross transfers between
funds
**21**
7,908
(7,908)
**Net income for the year/**
**Net movement in funds**
1,737
26,105
Fund balances at 1 January
2021
386,726
1,558,350
**Fund balances at 31**
**December 2021**
388,463
1,584,455|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2020**
**2020**
**£**
**£**
**£**
261,270
193,454
76,547
18,066
20,604
3,530
60,660
567
49,824
20
96
-
18,634
15,680
3,308
358,650
230,401
133,209
40,126
70
39,393
290,682
247,307
31,529
330,808
247,377
70,922
27,842
(16,976)
62,287
-
1,474
(1,474)
27,842
(15,502)
60,813
1,945,076
402,228
1,497,537
1,972,918
386,726
1,558,350|**Total**
**2020**
**£**
270,001
24,134
50,391
96
18,988|
|---|---|---|
|||363,610|
|||39,463|
|||278,836|
|||318,299|
|||45,311
-|
|||45,311
1,899,765|
|||1,945,076|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 6 -
## **WEST LEIGH BAPTIST CHURCH**
## **STATEMENT OF FINANCIAL POSITION**
## _**AS AT 31 DECEMBER 2021**_
|**Fixed assets**
Property, plant and equipment
**14**
**Current assets**
Trade and other receivables
**15**
Cash at bank and in hand
**Current liabilities**
**17**
Net current assets
**Total assets less current liabilities**
**Non-current liabilities**
**18**
**Net assets**
**Income funds**
Restricted funds
**21**
Unrestricted funds
Designated funds:
Designated Funds
**22**
General unrestricted funds|14,346
253,021
267,367
(6,416)
30,900
30,900
357,563|**2021**
**£**
1,786,967
260,951
2,047,918
(75,000)
1,972,918
1,584,455
388,463
1,972,918|**2020**
**£**
**£**
1,814,675
25,557
187,171
212,728
(7,327)
205,401
2,020,076
(75,000)
1,945,076
1,558,350
30,900
30,900
355,826
386,726
1,945,076|
|---|---|---|---|
The financial statements were approved by the Trustees on 14 September 2022
## _**Andy Holmes**_
## **Trustee**
- 7 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Accounting policies**
## **Charity information**
West Leigh Baptist Church is a Charitable Incorporated Organisation governed by its constitution dated 4 February 2020.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's memorandum and articles of association, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
The value of donated goods for resale are recognised as income when sold.
- 8 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Accounting policies (Continued)**
## **1.5 Expenditure**
Liabilities are recognised when a constructive obligation exists, the payment is probable and the obligation can be measured or estimated reliably.
Resources expended are allocated to the particular cost centre to which they relate and include irrecoverable VAT.
## **1.6 Property, plant and equipment**
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
Church Building 1-2% Straight line Manse 1% Straight line Fixtures, fittings and equipment 20% Straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Impairment of non-current assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.9 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 9 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **1 Accounting policies (Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.10 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Donations and gifts
185,765
61,694
Other grants receivable
3,500
10,311
189,265
72,005|**Total**
Unrestricted
Restricted
funds
funds
**2021**
2020
2020
**£**
£
£
247,459
188,454
70,919
13,811
5,000
5,628
261,270
193,454
76,547|Total
2020
£
259,373
10,628|
|---|---|---|
|||270,001|
- 10 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **3 Donations and legacies (Continued)**
|**Donations and gifts**
Donations of cash and
similar
Income tax recoverable|151,266
34,499
185,765|52,171
9,523
61,694|203,437
44,022
247,459|154,912
33,542
188,454|57,597
13,322
70,919|212,509
46,864|
|---|---|---|---|---|---|---|
|||||||259,373|
## **4 Charitable activities**
|Parish Nurse
Church retreats and events
Room and hall hire
Other income various
Analysis by fund
Unrestricted funds
Restricted funds|**2021**
**£**
7,315
-
10,751
-
18,066
18,066
-
18,066|2020
£
3,068
3,530
16,506
1,030|
|---|---|---|
|||24,134|
|||20,604
3,530|
|||24,134|
## **5 Other trading activities**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Sale of donated goods
-
58,296
Advertising
-
2,100
Other trading income
264
-
Other trading activities
264
60,396|**Total**
Unrestricted
Restricted
funds
funds
**2021**
2020
2020
**£**
£
£
58,296
-
47,724
2,100
-
2,100
264
567
-
60,660
567
49,824|Total
2020
£
47,724
2,100
567|
|---|---|---|
|||50,391|
- 11 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **6 Investments**
|Interest receivable
**Other income**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Net gain on disposal of
tangible fixed assets
260
-
Government furlough
grants
15,777
2,597
16,037
2,597
**Raising funds**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2021**
**2021**
**£**
**£**
Fundraising and publicity
Other fundraising costs
333
-
Staff costs
-
17,230
Fundraising and publicity
333
17,230
Trading costs
Operating charity shop
-
22,563
333
39,793|**Unrestricted**
Unrestricted
**funds**
funds
**2021**
2020
**£**
£
20
96
**Total**
Unrestricted
Restricted
Total
funds
funds
**2021**
2020
2020
2020
**£**
£
£
£
260
-
-
-
18,374
15,680
3,308
18,988
18,634
15,680
3,308
18,988
**Total**
Unrestricted
Restricted
Total
funds
funds
**2021**
2020
2020
2020
**£**
£
£
£
333
70
-
70
17,230
-
15,867
15,867
17,563
70
15,867
15,937
22,563
-
23,526
23,526
40,126
70
39,393
39,463|**Unrestricted**
Unrestricted
**funds**
funds
**2021**
2020
**£**
£
20
96
**Total**
Unrestricted
Restricted
Total
funds
funds
**2021**
2020
2020
2020
**£**
£
£
£
260
-
-
-
18,374
15,680
3,308
18,988
18,634
15,680
3,308
18,988
**Total**
Unrestricted
Restricted
Total
funds
funds
**2021**
2020
2020
2020
**£**
£
£
£
333
70
-
70
17,230
-
15,867
15,867
17,563
70
15,867
15,937
22,563
-
23,526
23,526
40,126
70
39,393
39,463|
|---|---|---|
|||Total
2020
£
-
18,988|
|||18,988|
|||Total
2020
£
70
15,867|
|||15,937|
|||23,526|
||||
|||39,463|
## **7 Other income**
## **8 Raising funds**
- 12 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **9 Charitable activities**
|Staff costs
Manse costs
Telephone and Utilities
Church Activities
Catering
Conferences, Training and Pastoral
Children's Work
Evangelism and Publicity
Subscriptions and Professional fees
Repairs, Maintenance and Renewals
Computer and IT
Other funds and giving
Miscellaneous expenses
Grant funding of activities (see note 10)
Share of support costs (see note 11)
Share of governance costs (see note 11)
**Analysis by fund**
Unrestricted funds
Restricted funds|**2021**
**£**
113,451
25,718
8,438
17,756
681
360
2,951
969
-
26,368
1,364
1,407
96
199,559
29,356
54,916
6,851
290,682
229,490
61,192
290,682|2020
£
116,417
22,664
9,473
19,987
409
183
2,896
1,267
400
8,207
1,099
302
169|
|---|---|---|
|||183,473
31,649
55,742
7,972|
|||278,836|
|||247,307
31,529|
|||278,836|
- 13 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **10 Grants payable**
|Grants to institutions:
Baptists Together
BMS
CAP Money Advice
Christian Vision for Men
Home Mission
Indian Orphanages
New Life Wood
Viva & KM
Release International
Other
Grants to individuals|**2021**
**£**
898
7,200
1,700
-
3,900
4,805
-
2,425
2,722
2,700
26,350
3,006
29,356|2020
£
931
7,725
1,740
250
3,469
7,094
3,362
3,464
-
-|
|---|---|---|
|||28,035
3,614|
|||31,649|
## **11 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
22,515
-
Depreciation
27,708
-
Printing, postage and
stationery
1,826
-
Insurance
2,867
-
Legal and professional
-
2,831
Accountancy and
independent examination
-
4,020
54,916
6,851
Analysed between
Charitable activities
54,916
6,851|**Total**
**2021**
Support costs Governance
costs
**£**
£
£
22,515
21,807
-
27,708
28,044
-
1,826
2,717
-
2,867
3,174
-
2,831
-
2,354
4,020
-
5,618
61,767
55,742
7,972
61,767
55,742
7,972|Total
2020
£
21,807
28,044
2,717
3,174
2,354
5,618|
|---|---|---|
|||63,714|
|||63,714|
- 14 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **12 Trustees**
Reverend J Jacobson received Gross pay (including housing and expense allowance) of £42,975 and pension contributions of £3,493 for his role as Minister.
Reverend W Eugster received Gross pay of £13,761 and pension contributions of £383 for his role as Minister.
None of the other Trustees received any remuneration or benefits from the charity during the year.
## **13 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2021**
**Number**
14
**2021**
**£**
139,452
3,849
5,745
149,046|**2020**
**Number**
12|
|---|---|---|
|||**2020**
**£**
143,633
2,942
5,722|
|||152,297|
There were no employees whose annual remuneration was more than £60,000.
## **14 Property, plant and equipment**
|**Cost**
At 1 January 2021
At 31 December 2021
**Depreciation and impairment**
At 1 January 2021
Depreciation charged in the year
At 31 December 2021
**Carrying amount**
At 31 December 2021
At 31 December 2020|**Church**
**Building**
**£**
1,668,971
1,668,971
184,624
18,062
202,686
1,466,285
1,484,347|**Manse**
**Fixtures,**
**fittings and**
**equipment**
**£**
**£**
350,000
32,407
350,000
32,407
31,500
20,579
3,500
6,146
35,000
26,725
315,000
5,682
318,500
11,828|**Total**
**£**
2,051,378|
|---|---|---|---|
||||2,051,378|
||||236,703
27,708|
||||264,411|
||||1,786,967|
||||1,814,675|
- 15 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
|**15**
**Trade and other receivables**
**Amounts falling due within one year:**
Trade receivables
Other receivables
Prepayments and accrued income
**16**
**Borrowings**
Other loans
Payable after one year|**2021**
**£**
929
11,633
1,784
14,346
**2021**
**£**
75,000
75,000|2020
£
2,510
21,124
1,923|
|---|---|---|
|||25,557|
|||2020
£
75,000|
|||75,000|
The borrowings above represent monies loaned by a Church member in 2019 due to be repaid in ten years with no required payment prior to tenure expiring. The loan is interest free.
## **17 Current liabilities**
|**Notes**
Deferred income
**19**
Trade payables
Other payables
Accruals and deferred income
**18**
**Non-current liabilities**
Borrowings
**19**
**Deferred income**
Other deferred income|**2021**
**£**
1,458
840
578
3,540
6,416
**2021**
**£**
75,000
**2021**
**£**
1,458|2020
£
702
-
3,025
3,600|
|---|---|---|
|||7,327|
|||2020
£
75,000|
|||**2020**
**£**
702|
- 16 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **19 Deferred income (Continued)**
Deferred income is included in the financial statements as follows:
|Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 January 2021
Released from previous periods
Resources deferred in the year
Deferred income at 31 December 2021|**2021**
**2020**
**£**
**£**
1,458
702
702
3,050
(702)
(3,050)
1,458
702
1,458
702|
|---|---|
## **20 Retirement benefit schemes**
## **Defined contribution schemes**
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £5,745 (2020 - £5,722). (2019 - £4,787).
- 17 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **21 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|
Social Enterprise Fund
Oct '17 Appeal
Boys Brigade
Girls Brigade
WLBC Football Team
Church W/E
Building Fund
BF (Cornerstore) Shop
Other Restricted Funds
Meg Cannon Film Project
Suryapet Orphanage
Parish nurse|**Balance at**
**1 January**
**2020**
**£**
1,225
1,955
86
1,158
410
2,562
1,474,192
8,508
7,441
-
-
-
1,497,537|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**£**
**£**
**£**
200
-
318
-
(437)
-
333
(10)
-
370
(839)
-
-
(190)
-
3,530
(25)
-
60,815
(18,314)
13,267
53,132
(40,137)
(14,741)
3,430
(3,962)
(318)
1,490
(1,440)
-
4,281
(3,756)
-
5,628
(1,812)
-
133,209
(70,922)
(1,474)|**Balance at**
**1 January**
**2021**
**£**
1,743
1,518
409
689
220
6,067
1,529,960
6,762
6,591
50
525
3,816
1,558,350|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**£**
**£**
**£**
250
(1,200)
-
217
-
-
261
(652)
-
255
(570)
-
-
(220)
-
-
-
-
53,426
(39,778)
21,251
62,993
(40,513)
(23,435)
3,954
(4,024)
(5,724)
900
(920)
-
2,431
(2,384)
-
10,311
(10,724)
-
134,998
(100,985)
(7,908)|**Balance at**
**31**
**December**
**2021**
**£**
793
1,735
18
374
-
6,067
1,564,859
5,807
797
30
572
3,403|
|---|---|---|---|---|---|
||||||1,584,455|
- 18 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **21 Restricted funds (Continued)**
Social Enterprise Fund is a restricted fund to allow for future expenditure on social needs.
Oct'17 Appeal is a restricted fund used in augmenting the existing building.
Boys Brigade - WLBC has a BB company and where the church Finance team manages their books which we hold as a restricted fund
Girls Brigade - Ditto above and where whilst they did have their own bank account this is now managed by the church Finance team
WLBC Football Team - Church has a youth and senior team and where the church Finance Team manages their books that are held as a restricted fund
Church W/E is a restricted fund to allow for future expenditure on a church weekend away.
Building Fund is a restricted fund to raise funds for the church buildings.
BF (Cornerstone) Shop is a restricted fund to manage the charity shop - The shop was opened mainly to raise funds for the Building Fund plus support other charities through tithing the operating profit. So in the year £21,251 was transferred to the Building Fund and £2,184 transferred to the General fund.
Other Restricted Funds is the aggregation of several individually immaterial restricted funds to allow for future expenditure on projects and causes as laid out by the donor placing the restriction at the time of the gift. The transfer from restricted funds to general funds represents Other Restricted Funds now expensed.
Meg Cannon Film Project - This is a restricted fund where gifts can be passed through church giving channels, and where this is managed by the Finance Team.
Suryapet Orphanage - This is an Indian orphanage where WLBC along with 2 other local churches provide financial support from our main income tithe but where this fund enables individuals to provide specific donations which the Finance Team will settle monthly.
Parish Nurse - This is one of the 5 ministries at WLBC and only recently due to receiving specific grants from external organisations and to ensure WLBC abides by the T&C’s associated with the gift(s) we record this income & expenditure within a Restricted fund.
- 19 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **22 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|
General
Reserve
J Stannard
Challenge
Little Steps
Manse Rent
Fund|**Balance at**
**1 January**
**2020**
**£**
30,000
340
4,380
900
35,620|**Movement in funds**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**£**
**£**
**£**
-
-
-
55
(395)
-
-
-
(4,380)
-
-
-
55
(395)
(4,380)|**Movement**
**in funds**
**Balance at**
**1 January**
**2021**
**Incoming**
**resources**
**£**
**£**
30,000
-
-
-
-
-
900
-
30,900
-|**Balance at**
**31**
**December**
**2021**
**£**
30,000
-
-
900|
|---|---|---|---|---|
|||||30,900|
## **23 Analysis of net assets between funds**
|**Unrestricted**
**funds**
**Restricted**
**funds**
**2021**
**2021**
**£**
**£**
Fund balances are represented by:
Property, plant and
equipment
320,682
1,466,285
Current assets/(liabilities)
67,781
193,170
Long term liabilities
-
(75,000)
388,463
1,584,455|**Total**
Unrestricted
funds
**2021**
2020
**£**
£
1,786,967
329,562
260,951
57,164
(75,000)
-
1,972,918
386,726|Restricted
funds
2020
£
1,485,113
148,237
(75,000)
1,558,350|Total
2020
£
1,814,675
205,401
(75,000)|
|---|---|---|---|
||||1,945,076|
## **24 Operating lease commitments**
At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:
Within one year
|**2021**|**2020**|
|---|---|
|**£**|**£**|
|-|5,474|
- 20 -
## **WEST LEIGH BAPTIST CHURCH**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2021**_
## **25 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel is as follows.
||**2021**|
|---|---|
||**£**|
|Aggregate compensation|66,206|
C Back, wife of D Back, received Gross remuneration of £1,572 for her role as Children, Youth and Families Co-ordinator.
L Lawrence, wife of T Lawrence, received Gross remuneration of £14,138 and pension contributions of £418 for her role as Parish Nurse.
L M'Clelland, wife of M M'Clelland, received Gross remuneration of £6,327 and pension contributions of £16 for her role as Bookkeeper.
- 21 -