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||||||||ENDED 3|1 DECEMB|ER 2021||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|||||||general|designated|funds|Funds|funds|
|||||||funds|funds||2021|2020|
||||||Note||F|F|||
|Income from:|||||||||||
|Giving||||||54,284||2,807|57,091|52,815|
|interest||||||400|658|30|1,088|1,793|
|Letting s||||||3,961|||3,961|2,455|
|Other income||||||1,200|1,346|1,536|4,082|5,224|
|Total Income||||||59,845|2,004|4,373|66,222|62,287|
|Expenditure<br>on:|||||||||||
|Housekeeping|||||19|10,805||190|10,995|9,052|
|Ministry<br>and|mission||||11|40,724||3,835|44,559|14,477|
|Fabric costs|||||12|14,709|||14,709|4,092|
|Management|and|administration|||13|3,962||270|4,232|2,018|
|Total Expenditure||||||70,200||4,295|74,495|29,639|
|Net income/(expenditure)||||before|||||||
|transfers||||||10,355|2,004|78|8,273|32,648|
|Transfers<br>Between||funds|||24|(9,950)|10,000|(50)|||
|Gains on revaluation|||offixed||||||||
|assets|||||14|||44,827|44,827|39,001|
|Net movement|in funds|||||20,305|12,004|44,855|36,554|71,649|
|Reconciliation|of|funds|||||||||
|Total funds brought||forward||at|||||||
|1 January 2021||||||125,003|167,875|3,218,743|3,511,621|3,439,972|
|Total funds carried||forward at|||||||||
|31December 2021||||||104,698|179,879|3,263,598|3,548,175|3,511,621|





## 

||||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||general|designated|funds|funds|funds|
||||||||funds|funds||2021|2020|
|||||||Note|F|||||
|Fixed Assets||||||||||||
|Church premises||||||14|||2,681,732|2,681,732|2,636,905|
|Other property<br>& property-related|||||assets|15|||570,500|570,500|570,500|
|Furniture<br>&equipment||||||16||||0|376|
|||Total||fixed|assets|||0|3,252,232|3,252,232|3,207,781|
|Current Assets||||||||||||
|Prepayments||||||17|2,910|||2,910|2,640|
|Debtors||||||18|2,962||5|2,967|2,871|
|Cash at bank -||short|term deposits|||19|101,101|179,879|11,361|292,341|299,092|
|Cash<br>in hand||||||20|40|||40|47|
|||Total|current||assets||107,013|179,879|11,366|298,258|304,650|
|Amounts<br>falling||due within one year:||||||||||
|Accruals||||||21|1,230|||1,230|510|
|Creditors and||advance||receipts||22|1,085|||1,085|300|
||||||||2,315||0|2,315|810|
|||Net|current||assets||104,698|179,879|11,366|295,943|303,840|
|Total assets|less current|||liabilities|||104,698|179,879|3,263,598|3,548,175|3,511,621|
|Provision for|liabilities|||||23||||||
|||Total||net assets|||104,698|179,879|3,263,598|3,548,175|3,511,621|
|Funds ofthe church||||||||||||
|Restricted funds||||||24|||3,263,598|3,263,598|3,218,743|
|Unrestricted|general||funds|||24|104,698|||104,698|125,003|
|Unrestricted|designated|||funds||24||179,879||179,879|167,875|
||Total||church||funds||104,698|179,879|3,263,598|3,548,175|3,511,621|





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|6.Giving|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
|||||F|||
|Loose offerings||30<br>10,1|||10,130|9,619|
|Gift Aid||02<br>34,6||1,390|35,992|33,432|
|Tax recovered|under GASDS|02<br>9|||902|725|
|Tax recovered|on Gift Aid|50<br>8,6||348|8,998|8,357|
|Thank Offering|(exc. Gift Aid)|||675|675|0|
|Harvest<br>offering|(exc. Gift Aid)|||334|334|627|
|BMS Birthday Scheme gifts (exc.Gift Aid)||||40|40|45|
|Home Mission (exc. Gift Aid)||||20|20|10|
|||54,284||2,807|57,091|52,815|



|a)<br>Gift|Aid and tax recovered<br>on restricted|funds is split as follows:||||
|---|---|---|---|---|---|
|||Gift Aid||Tax|recovered|
|Thank|Offering||815||204|
|Harvest|Offering||510||128|
|Home Mission|||20||5|
|BMS Birthday Scheme|||45||11|
||||1,390|~|348|





## 

||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||general|designated|funds|funds|funds|
||||||funds|funds||||
||||||2021|2021|2021|2021|2020|
|Interest|on|Main Church||Fund|400|||400|531|
|Interest|on|Designated||Building|Reserve|658||658|1,211|
|Interest|on|Restricted|Building||Fund||30|30|51|
||||||400|658|30|1,088|1,793|



## 

||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||general|designated|funds|funds|funds|
||||funds|funds||||
||||2021|2021|2021|2021|2020|
|||||||P||
|Rent of church flat|||2,376|||2,376|1,000|
|Hall/room|lettings||1,535|||1,535|1,405|
|Ground|Rent from 75Auckland|Rd.|50|||50|' 50|
||||3,961||0|3,961|2,455|



## 

|were somewhat<br>limited du<br>9.Other income|e to coronavirus<br>restricti|ons.|||||
|---|---|---|---|---|---|---|
||Unrestricted|Unrestricted|Restricted||Total|Total|
||general|designated|funds||funds|funds|
||funds|funds|||||
||2021|2021|2021|~|2021|2020|
|||||||F|
|Donations|1,200||250||1,450|5,034|
|Bazaars||1,346|1,045||2,391|10|
|Rainbow Toddlers|||241||241|170|
|Miscellaneous|||||0|10|
||1,200|1,346|1,536||4,082|5,224|





## 

|||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
||||F||F|F|
|Cleaning||13|||13|27|
|Telephone|and Internet access|755|||755|583|
|Office supplies/photocopying||113|||113|261|
|Household|provisions|101|||101|91|
|Subscriptions||549|||549|586|
|Heat & light||3,531|||3,531|2,781|
|Council tax|&water rates|321|||321|374|
|Minor equipt. purchase/replacement||633|||633|78|
|Insurance||3,909|||3,909|3,848|
|Rubbish collections||329|||329|327|
|Pest control||192|||192|96|
|Catering||359||190|549|0|
|||10,805||190|10,995|9,052|



## 

|||Unrestricted|Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||general|designated|funds|funds|funds|
||||funds|funds||||
||||2021|2021|2021|2021|2020|
||||F|F|||F|
|Stipend —G.Gwendu|(Minister)||22,458|||22,458|0|
|Employer's<br>pension|contrib. -G.Gwend|u|2 539|||2,539|0|
|Minister's<br>manse related expenses|||2,587|||2,587|0|
|Staff expenses —G.Gwendu|||113|||113|0|
|New minister's<br>removal costs|||1,405|||1,405|0|
|Gift to moderator|||999|||999|0|
|Visiting speakers<br>Home Mission Fund|||1,450<br>2,360||1,450<br>10,2,370||4,200<br>2,357|
|Christian<br>Education|Project||1,870|||1,870|1,820|
|BMSWorld Mission|||2,360|||2,360|2,300|
|BMS —Ben Francis|||1,180|||1,180|1,150|
|BMS —Dave 8 Michele Mahon|||1,180|||1,180|1,150|
|BMS Birthday Scheme payments|||||96|96|101|
|Local evangelism<br>projects|||93|||93|22|
|Virtual service software|||130|||130|50|
|Thank Offering|||||1,694|1,694|0|
|Hope Health Action|(Haiti)||||1,045|1,045|0|
|Harvest<br>Offering|||||972|972|913|
|Rainbow Toddlers|||||18|18|40|
|Settlement<br>costs||||||0|374|
||||40,724||3,835|44,559|14,477|





## 

|||||Unrestricted|Unrestricted|Unrestricted|Unrestricted||Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||general||designated|||funds|funds|funds|
|||||||funds|funds||||||
|||||||2021|2021|||2021|2021|2020|
|||||||||||||F|
|Church maintenance||||||1,351|||||1,351|838|
|Church<br>housing expenses||||||12,702|||||12,702|2,089|
|Heating<br>maintenance||||||280|||||280|788|
|Depreciation<br>of major equipment||||||376|||||376|377|
|||||||14,709||||0|14709|4092|
|Church<br>housing expenses||includes||F4,994on redecoration||||and|refurbishment||of the||
|church flat in preparation||for letting||it and K4,798|||on redecoration|||and refurbishment<br>of|||
|parts ofthe manse|in preparation||for the|||arrival ofa new minister.|||||||
|13.Management|and administration||||||||||||
|||||Unrestricted|||Unrestricted|||Restricted|Total|Total|
|||||||general|designated|||funds|funds|funds|
|||||||funds|funds||||||
|||||||2021|2021|||2021|2021|2020|
|||||||||F|||F||
|Royalties and licence fees||||||619|||||619|699|
|Fire precautions||||||447|||||447|299|
|Landlord's<br>gas certificates||||||50|||||50|50|
|Bank charges||||||103|||||103|60|
|Landlord's<br>licence for church flat||||||635|||||635|0|
|Professional fees re: conversion|||to|CIO||2,108|||||2,108|910|
|Professional fees re: Building works||||||||||270|270|0|
|||||||3,962||||270|4,232|2,018|





## 

|further<br>|routine increases recommended<br>by B|aptist Insurance<br>since then.|aptist Insurance<br>since then.|
|---|---|---|---|
|||Church premises<br>in||
|||Wellesley|Road|
|Insured|value at 01/01/15||2,163,511|
|Revaluation<br>movements<br>to 31/12/20|||473,394|
|Insured|value at 31/12/20||2,636,905|
|Insured|value at 31/12/20||2,636,905|
|Revaluation<br>movement<br>24/06/21|||44,827|
|Insured|value at 31/12/21||2,681,732|



## 

## 

||||Cost included<br>in|Nature ofcost data|Nature ofcost data|
|---|---|---|---|---|---|
||||balance sheet|||
|Church manse at 225|Balfour||410,000|Trustees' estimate of'deemed||
|Road, Ilford||||historical cost' at|1/1/1 5|
|Flat at 75BAuckland|Road, Ilford||150,000|69%oftrustees'|estimate of|
|(There is a third party|interest of|||'deemed<br>historical cost' at 1/1/1 5||
|31%in this property)||||||
|Freehold of75Auckland||Road,|10,500|Actual purchase|price in 2011|
|Ilford (2flats)||||||
|Total|||570,500|||



## 

|16.Furniture<br>&equipment||
|---|---|
|Cost||
|At 1 January 2021|27,921|
|+Additions|0|
|At 31 December 2021|27,921|
|Accumulated<br>depreciation||
|At 1 January 2021|27,545|
|+ Charge for year|376|
|At 31 December 2021|27,921|
|Net book value at 31 December 2021|0|
|at 1 January 2021|376|





## 

|17.Prepayments|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Unrestricted<br>Restricted||Total|Total|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
||||F|F||F|
|Insurance||1,970|||1,970|1,930|
|Royalties and licences||450|||450|410|
|Manse council tax||245|||245|0|
|Waste collections||85|||85|80|
|Website hosting||80|||80|80|
|Virtual service software||80|||80|80|
|Church flat council|tax|0|||0|60|
|||2,910||0|2910|2 640|
|8.Debtors|||||||
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
|||||||F|
|Tax to be recovered|under GASDS|271|||271|156|
|Tax to be recovered|on Gift Aid|2,203||5|2208|2715|
|Refund on church flat council tax||288|||288|0|
|Refund re: electric meter works||200|||200|0|
|||2,962||5|2,967|2,871|
|9.Cash at bank —short term||deposits|||||
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
|||F||F|F|F|
|CAF Bank account||37,025||235|37,260|39,645|
|HSBC Account||28,109||3,528|31,637|37,091|
|Cambridge8<br>Count.|31/7Notice A/C|35,967|48,356||84,323|83,574|
|Nationwide<br>Account|||62,782||62,782|62,742|
|Charity Bank|||68,741|7,598|76,339|76,040|
|||101,101|179,879|11,361|292,341|299,092|



## 

## 



## 

|0.C|ash|in|hand||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Unrestricted|Restricted|Total|Total|
|||||general|designated|funds|funds|funds|
|||||funds|funds||||
|||||2021|2021|2021|2021|2020|
||||||||F|F|
|Cash|in|hand|(church)|40|||40|47|
|Cash|in|hand|(Youth activities)||||0|0|
|||||40|||40|47|



## 

|||Unrestricted|Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||general|designated|funds|funds|funds|
||||funds|funds||||
||||2021|2021||2021|2020|
||||F|||F|F|
|Heat & light|||600|||600|460|
|Professional|fee re: conversion|to CIO|500|||500|0|
|Sewerage charges<br>Church flat utilities|||130<br>0|||130<br>0|0<br>'50|
||||1,230||0|1,230|510|



## 

|22.Cred|itors and advance rece|ipts|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Unrestricted|Restricted|Total|Total|
|||general|designated|funds|funds|funds|
|||funds|funds||||
|||2021|2021|2021|2021|2020|
|Deposits|on car park remote controls|250|||250|300|
|Advance|receipt ofchurch flat rent|835|||835|0|
|||1085||0|1085|300|



## 



## 

|24. Movement<br>in F|un|ds|ds|||||||
|---|---|---|---|---|---|---|---|---|---|
|||Fund|||||||Fund|
|||Balances||Movement||in resources|||Balances|
|||brought|||||||carried|
|||forward|||||Transfers|Gains|forward|
|||1|Jan 21|Incoming|Outgoing||in(out)|(losses)|31 Dec 21|
|||||F|F|||||
|Unrestricted<br>general funds||||||||||
|Main Church<br>Fund|||125,003|59,845||70,200|(9,950)||104,698|
|Unrestricted<br>designated||funds||||||||
|Designated<br>Building||||||||||
|Reserve|||167,875|2,004|||10,000||179,879|
|Restricted funds||||||||||
|Church premises||2,636,905||||||44,827|2,681,732|
|Church manse||410,000|||||||410,000|
|75b Auckland<br>Rd+75||||||||||
|freehold|||160,500||||||160,500|
|Thank Offering 2021|||0|1,694||1,694|||0|
|Harvest<br>Offering 2021|||0|972||972|||0|
|Restricted<br>Building|Fund||7,838|30||270|||7,598|
|BMS Birthday Scheme|||0|96||96|||0|
|Special collections|||10|295||200|||105|
|Bazaar re:Hope Health||Action|0|1,045||1,045|||0|
|Special Pastoral<br>Fund|||699||||||699|
|Rainbow Toddlers|||1,771|241||18|(50)||1,944|
|Other youth activities|||1,020||||||1,020|
|||3,218,743||4,373||4,295|(50)|44,827|3,263,598|





## 

|||||||ENDED 31|DECEMBER 2020|DECEMBER 2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|Restricted|Total|
||||||general|designated|funds|Funds|
||||||funds|funds||2020|
|||||||F||f.|
|Income from:|||||||||
|Giving|||||51,816||999|52,815|
|Interest|||||531|1,211|51|1,793|
|Lettings|||||2,455|||2.455|
|Other income|||||5,044|10|170|5,224|
|Total Income|||||59,846|1,221|1,220|62,287|
|Expenditure<br>on:|||||||||
|Housekeeping|||||9,052|||9,052|
|Ministry<br>and mission|||||13,366||1,111|10,477|
|Fabric costs|||||4,092|||4,092|
|Management|and|administration|||2,018|||2,018|
|Total Expenditure|||||28,528||1,111|29,639|
|Net income/(expenditure)||||before|||||
|transfers|||||31,318|1,221|109|32,648|
|Transfers<br>Between||funds|||(20,000)|20,000|||
|Gains on revaluation|||offixed||||||
|assets|||||||39,001|39,001|
|Net movement|in funds||||11,318|21,221|39,110|71,649|
|Reconciliation|of|funds|||||||
|Total funds brought||forward||at|||||
|1 January 2020|||||113,685|146,654|3,179,633|3,439,972|
|Total funds carried||forward at|||||||
|31 December 2020|||||125,003|167,875|3,218,743|3,511,621|





## 

|BALANCE S|HE|ET AT|31|DECEMB|ER 2020||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Unrestricted|Restricted|Total|
||||||general|designated|funds|funds|
||||||funds|funds||2020|
||||||F||||
|Fixed Assets|||||||||
|Church premises|||||||2,636,905|2,636,905|
|Other property a property-related||||assets|||570,500|570,500|
|Furniture<br>&equipment|||||376|||376|
|||Total|fixed|assets|376|0|3,207,405|3,207,781|
|Current Assets|||||||||
|Prepayments|||||2,640|||2,640|
|Debtors|||||2,871|||2,871|
|Cash at bank - short term deposits|||||119,879|167,875|11,338|299,092|
|Cash in hand|||||47|||47|
|||Total current||assets|125,437|167,875|11,338|304,650|
|Amounts<br>falling||due within one year:|||||||
|Accruals|||||510|||510|
|Creditors and||advance|receipts||300|||300|
||||||810|||810|
|||Net current||assets|124,627|167,875|11,338|303,840|
|Total assets|less current||liabi%ties||125,003|167,875|3,218,743|3,511,621|
|Provision<br>for|liabilities||||||||
|||Total|net assets||125,003|167,875|3,218,743|3,511,621|
|Funds ofthe church|||||||||
|Restricted funds|||||||3,218,743|3,218,743|
|Unrestricted|general funds||||125,003|||125,003|
|Unrestricted|designated||funds|||167,875||167,875|
||Total church|||funds|125,003|167,875|3,218,743|3,511,621|