Charity Registration Number : 1193988
Trustees Annual Report
Year Ending 31st December 2022
The trustees present their report and the financial statements of the charity for the year ended 31st December 2022.
Reference and administrative details:
Registered Charity Name : Kenilworth Baptist Church.
Charity Registration Number: 1193988
Farmer Ward Road Kenilworth Warwickshire CV8 2DH The Trustees: Mr David Shippam Mr Philip Thompson Church Administrator: Mrs Julia Young Church Auditor: Mr Peter Waterman 38 Canisland Park Park Mill Swansea SA3 2ED
Structure, governance and management.
The Pastor and Elders are the Charity trustees and they are responsible for the governance of the Church and the fulfilment of the purpose through it’s activities acting according to the will of God and the approval of the Church Members meeting where approval is needed. The Church’s organisational structure and the procedures for the appointment of the leadership are specified in the Church Constitution. This Constitution
was approved by the Church Meeting on 10/01/2021 and can only be altered by a resolution of a Special Church Members Meeting.
The Charity Trustees are aware of the need to examine the major financial, strategic and operational risks faced by the Church. We confirm that systems have been established so that necessary steps can be taken to manage and mitigate those risks.
It is the opinion of the Charity Trustees that there are sufficient reserves to maintain ongoing operations.
The Trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to public benefit guidance published by the Charity Commission.
Objectives and activities.
The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
Achievements and Performance.
Church Ministry.
Sunday morning services continue to develop and are designed to bring people together to worship, pray, have a good time together and be taught The Word of God. The Church strap line is ‘Doing Life God’s Way’ and we seek to help make Biblical Truths relevant to peoples every day lives. We have been so encouraged in 2022 to see how coming to Church has helped so many people, and brought some through incredibly challenging situations.
The Children’s and young peoples group continues to develop on a Sunday morning and we are so grateful to the team, which has gathered more helpers in 2022, for their dedication and flexibility when often not knowing how many Children or young people are turning up.
Youth & Children’s Team also have a WhatsApp group to share rotas, prayer requests and to generally support each other. We also pray together to build unity and lift up the children and Youths past and present to God.
The three WhatsApp groups mentioned in last years report have continued to develop to encourage communication, friendship and a general support network. One is a general Chat group (KBC Group Chat) one is a prayer request group (KBC Prayer) and one is for everyday encouragement from the Bible called PDS Truth. It has been very encouraging to hear how much this helps people with the struggles and challenges faced in everyday life. Some will listen to PDS Truth over lunch break and others on the way into work, which places some ‘good news’ and helpful Biblical teaching. It has been reported back that this has really helped give people hope and fresh perspective.
We have also continued to use our Church web-site for training and teaching which reaches a far wider group outside of the Church Membership. An example of this is a marriage course which has had 560 downloads.
A Sunday morning pre service prayer meeting is now in place.
Pastoral care continues to offer support and encouragement to help people navigate through different seasons of life.
Safeguarding and First aid
Along with the Church name change and constitution up-date, the Trustees carried out a review of responsibilities towards safeguarding and first aid in 2021 and a further official review to make sure everything is up to date is due in 2023.
Safeguarding training was carried out by Heart of England Baptist association by all who work with Children and vulnerable adults in the Church and relevant certificates issued. Safeguarding information was also placed around the Church and Safeguarding will be highlighted at each AGM. Safeguarding information/notices are regularly checked to make sure every user of the Church Premises has access to relevant contact points.
Financial Review.
Income for the year amounted to £78,955 (2021: £78,162) and expenditure £79,793 (2021: £80,343). The year end unrestricted fund balance was £31,753
Going Concern.
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
Statement of Trustees’ Responsibilities.
The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities require 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 period. 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 financial statements on the going concern basis unless it is inappropriate to presume the charity will continue in business.
The Trustees are responsible for keeping proper 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 applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or and other irregularities.
The annual report was approved by the Trustees of the charity on 20th September 2023 and signed on its behalf by:
Trustee David M Shippam
⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯⋯
Kenilworth Baptist Church
Financial Report 2022
Registered Charity No: 1193988
KENILWORTH BAPTIST CHURCH
FINANCIAL REPORT 2022
REPORT OF THE TRUSTEES
The Trustees are responsible for the integrity and accuracy of the financial statements. The Trustees believe that the financial statement for the year ended 31[st] December 2022 has been prepared in conformity with general accepted accounting principles appropriate in the circumstances. In preparing the financial statements, the Trustees make informed judgements and estimates where necessary to reflect the expected effects of events and transactions that have not been completed.
In meeting their responsibility for the reliability of the financial statements, the Trustees rely on a system of internal accounting control. This system is designed to provide reasonable assurance that assets are safeguarded and transactions are executed in accordance with the Trustee's authorisation and recorded properly to permit the preparation of financial statements in accordance with generally accepted accounting principles. The design of this system recognises that errors and irregularities may occur and that estimates and judgements are required to assess the relative cost and expected benefits of the controls. The Trustees believe that the accounting controls provide reasonable assurance that errors or irregularities that could be material to the financial statements are prevented or would be detected within a timely period.
The independent auditor is engaged to express an opinion on the financial statements. The opinion is based on procedures, which are believed to be sufficient to provide reasonable assurance that the financial statements contain no material errors.
INDEPENDENT AUDITOR
I have audited the accounts on pages 2 to 5 and I am satisfied that they have been drawn up in accordance with the bank statements, invoices and receipts produced to me and are consistent with the explanations supplied by the Treasurer and Trustees of Kenilworth Baptist Church.
Signed : PWaterman .
| Date: 15/05/23 |
P Waterman 38 Canisland Park Parkmill Swansea SA3 2ED |
|---|---|
Registered Charity No: 1193988
Page 1
KENILWORTH BAPTIST CHURCH
FINANCIAL REPORT 2022
STATEMENT OF FINANCIAL ACTIVITIES Year ended December 2022
| STATEMENT OF FINANCIAL ACTIVITIES Year ended December 2022 |
|
|---|---|
| Notes INCOME AND EXPENDITURE INCOMING RESOURCES Offerings & donations Gift Aid Other Income Miscellaneous income RESOURCES USED DIRECT CHARITABLE EXPENDITURE Support costs 2 OTHER EXPENDITURE Administration 3 Donations 4 Depreciation 5 Total resources used Net incoming/(outgoing) resources before transfers Transfer between funds NET MOVEMENTS IN FUNDS Balances b/forward at 1 January Balances C/forward at 31 December |
Unrestricted Funds £ Restricted Funds £ Total Funds 31stDec 2022 £ Total Funds 31stDec 2021 £ 49,337 - 49,337 37,109 7,885 - 7,885 7,419 21,483 - 21,483 33,223 250 - 250 411 |
| 78,955 - 78,955 78,162 |
|
| 36,582 - 36,582 37,876 30,732 - 30,732 31,535 4,765 - 4,765 3,177 7,714 - 7,714 7,755 |
|
| 43,211 - 43,211 42,467 |
|
| 79,793 - 79,793 80,343 |
|
| (838) - (838) (2,181) - - - - |
|
| (838) - (838) (2,181) 32,591 349 32,940 35,121 |
|
| 31,753 349 32,102 32,940 |
The notes on pages 4 to 5 form part of these accounts
Registered Charity No: 1193988
Page 2
KENILWORTH BAPTIST CHURCH
FINANCIAL REPORT 2022
| BALANCE SHEET Year ended December 2022 Notes FIXED ASSETS Tangible fixed assets 6 CURRENT ASSETS Debtors and prepayments Cash at bank and in hand CREDITORS: amounts falling due within one year 7 NET CURRENT ASSETS CREDITORS: amounts falling due more than one year 8 NET ASSETS Represented by: FUNDS Unrestricted Restricted 9 |
£ - 12,854 |
31stDec 2022 £ £ 19,698 - 7,209 450 12,404 - 32,102 31,753 349 32,102 |
31stDec 2021 £ 26,181 6,759 - |
|---|---|---|---|
| 450 | |||
| 32,940 | |||
| 32,591 349 |
|||
| 32,940 |
Approved and signed by the Trustees on ........................
…………………………………………
…………………………………………
For and on behalf of Kenilworth Baptist Church
The notes on pages 4 to 5 form part of these accounts
Registered Charity No: 1193988
Page 3
KENILWORTH BAPTIST CHURCH
FINANCIAL REPORT 2022
NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2022
-
1 Accounting Policies
-
(1) The financial statements have been prepared on an accruals basis and in accordance with the applicable accounting standards and provisions of the Charities SORP (Statement of Recommended Practice: “Accounting for Charities”).
-
(2) The Church records investments in land, buildings and equipment at cost. Assets of less than £250 are treated as normal business expenditure and are charged in full when incurred.
-
(3) Depreciation is computed using the straight-line method. Service lives for principal assets are 10 years for building improvements and 5 years for equipment.
-
(4) The church buildings continue to be held in trust by the Heart of England Baptist Association. The Baptist Insurance company carried out a ‘cost of re-build’ valuation in December 2021 and valued this at £1,394,055.
| 2 Support Costs Training and conferences Salaries, wages & employers NI Travel expenses Resources and tapes 3 Administration Hall costs Office costs Legal & professional fees Hospitality 4 Donations Gifts Outreach |
Unrestricted Funds £ 190 35,929 426 37 36,582 28,969 1,051 609 103 30,732 700 4,065 4,765 |
Restricted Funds £ - - - - - - - - - - - - - |
2022 Total £ 190 35,929 426 37 36,582 28,969 1,051 609 103 30,732 700 4,065 4,765 |
2021 Total £ 204 36,672 - - 37,876 29,076 1,909 450 100 31,535 1,050 2,127 3,177 |
|---|---|---|---|---|
Registered Charity No: 1193988
Page 4
KENILWORTH BAPTIST CHURCH
FINANCIAL REPORT 2022
-
5 The accounting policy for depreciation has been changed from reducing balance to straight line. The change was made to reflect a more realistic position of the assets
-
6 Tangible Fixed Assets
| Cost At 1 January 2022 Additions At 31 December 2022 Accumulated depreciation At 1 January 2022 Charge for year At 31 December 2022 Net book values At 31 December 2021 At 31 December 2022 |
Building Improvements £ 27,293 - 27,293 9,574 2,672 12,246 17,719 15,047 |
Fixtures, fittings & equipment £ 49,024 1,231 50,255 40,562 5,042 45,604 8,462 4,651 |
Total £ 76,317 1,231- 77,548 50,136 7,714 57,850 26,181 19,698 |
|---|---|---|---|
Tangible fixed assets have been adjusted to reflect the removal of all assets which have been fully depreciated and have been disposed of by the Charity. No income or profits derived from the disposal of the assets.
- 7 Creditors: Amounts Falling Due - within one year
| 7 | Creditors: Amounts Falling Due - within one year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Accruals | 450 | 450 | |
| 8 | Creditors: Amounts Falling Due – more than one year | ||
| 2022 | 2021 | ||
| £ | £ | ||
| Creditors | - | - |
- 9 Restricted Funds
The Street Angels Fund was established to provide for a youth outreach in Kenilworth.
Registered Charity No: 1193988
Page 5
Kenilworth Baptist Church
Audit Report 2022
Registered Charity Number 1193988
KENILWORTH BAPTIST CHURCH AUDIT REPORT 2022
AUDITORS REPORT
I have examined the accounts of the Kenilworth Baptist Church with the books and vouchers supplied to me. To the best of my information and belief the said accounts show a true and fair view of the surplus/deficit for the year and of the state of affairs as at 31[st] December 2022. These are reflected in the Financial Report 2022. This report and the attached 3 schedules are to be read in conjunction with the Financial Report 2022.
Following previous years report all of the points raised have been implemented.
There are no new audit points.
Signed : PWaterman
Date : 15/05/2023
P Waterman 38 Canisland Park Parkmill Swansea SA3 2ED
Registered Charity Number 1193988
Page 1
KENILWORTH BAPTIST CHURCH AUDIT REPORT 2022
SCHEDULE 1
INCOME - ACCRUALS
1
EXPENDITURE - ACCRUALS
1 Administration
Legal & professional reversal of Accrual fy21 Waterman £( 450) Accrual fy22 Waterman £ 450
Registered Charity Number 1193988
Page 2
KENILWORTH BAPTIST CHURCH AUDIT REPORT 2022
SCHEDULE 2
FIXED ASSETS
| FIXED ASSETS | |||||
|---|---|---|---|---|---|
| Cost | Purchased | Depn | |||
| BUILDING IMPROVEMENTS | 10% | ||||
| Roof | 580 | 2008 | 58.00 | ||
| Doors &Floor | 9,568 | 2016 | 956.80 | ||
| Flooring | 7,696 | 2019 | 769.60 | ||
| Electrics + plumbing | 9,449 | 2021 | 944.92 | ||
| FIXTURES, FITTINGS & EQUIPMENT | 20% | ||||
| instruments | 926 | 2002 | 185.20 | ||
| pa equipment | 837 | 2004 | 167.40 | ||
| instruments/pa equipment | 745 | 2005 | 149.00 | ||
| Hall instruments/pa equipment | 483 | 2006 | 96.60 | ||
| Hall instruments/pa equipment | 652 | 2007 | 130.40 | ||
| Tent & equipment | 1,598 | 2007 | 319.60 | ||
| Hallpa equipment | 570 | 2008 | 114.00 | ||
| Tent & equipment | 323 | 2008 | 64.60 | ||
| Hallpa equipment/fitting | 5,319 | 2009 | 1,063.80 | ||
| Kitchenshutters | 687 | 2009 | 137.40 | ||
| OfficerefurbishmentPD/JY | 3,041 | 2009 | 608.20 | ||
| Kids blinds | 530 | 2010 | 106.00 | ||
| Dooralarmsystem | 488 | 2010 | 97.60 | ||
| Kitchen refurbishment | 1,967 | 2010 | 393.40 | ||
| Samsunglaptop | 399 | 2010 | 79.80 | ||
| AppleIpad2 | 399 | 2011 | 79.80 | ||
| AppleMinimac | 529 | 2011 | 105.80 | ||
| Samsunglaptop | 476 | 2012 | 95.20 | ||
| Signage | 1,039 | 2014 | 207.80 | ||
| Applelaptops | 2,598 | 2016 | 519.60 | ||
| Stagelights | 380 | 2017 | 76.00 | ||
| CCTV | 715 | 2017 | 143.00 | ||
| Office Chair | 342 | 2017 | 68.40 | ||
| Blinds | 2,336 | 2018 | 467.20 | ||
| Kitchenequipment | 961 | 2018 | 192.20 | ||
| pa equipment | 4,047 | 2018 | 809.40 | ||
| pa equipment | 15,790 | 2019 | 3,158.00 | ||
| chairs | 847 | 2021 | 169.44 | ||
| Apple Ipad | 1,231 | 2022 | 246.20 |
Registered Charity Number 1193988
Page 3
KENILWORTH BAPTIST CHURCH AUDIT REPORT 2022
| FIXED ASSETS & DEPRECIATION ANALYSIS | FIXED ASSETS & DEPRECIATION ANALYSIS | FIXED ASSETS & DEPRECIATION ANALYSIS | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Desc | Cost | Year | depn | 2001-15 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | NBV | ||||||||||||
| BUILDING IMPROVEMENTS | ||||||||||||||||||||||||
| Roof | 580 | 2008 | 58.00 | 464.00 | 58.00 | 58.00 | 0.00 | |||||||||||||||||
| Doors & Floor | 9568 | 2016 | 956.80 | 956.80 | 956.80 | 956.80 | 956.80 | 956.80 | 956.80 | 956.80 | 2,870.40 | |||||||||||||
| Flooring | 7696 | 2019 | 769.60 | 769.60 | 769.60 | 769.60 | 769.60 | 4,617.60 | ||||||||||||||||
| Electrics + plumbing | 9449 | 2021 | 944.92 | 944.92 | 944.92 | 7,559.34 | ||||||||||||||||||
| COST | 580.00 | 10,148.00 | 10,148.00 | 10,148.00 | 17,844.00 | 17,844.00 | 27,293.18 | 27,293.18 | ||||||||||||||||
| DEPN FOR YEAR | 464.00 | 1,014.80 | 1,014.80 | 956.80 | 1,726.40 | 1,726.40 | 2,671.32 | 2,671.32 | ||||||||||||||||
| CUML DEPN | 464.00 | 1,478.80 | 2,493.60 | 3,450.40 | 5,176.80 | 6,903.20 | 9,574.52 | 12,245.84 | ||||||||||||||||
| NBV | 116.00 | 8,669.20 | 7,654.40 | 6,697.60 | 12,667.20 | 10,940.80 | 17,718.66 | 15,047.34 | 15,047.34 |
Registered Charity Number 1193988
Page 4
KENILWORTH BAPTIST CHURCH AUDIT REPORT 2022
| Desc | Cost | Year | depn | 2001-15 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | NBV | ||||||||||||
| FIXTURES, FITTINGS & EQUIPMENT | 20% | |||||||||||||||||||||||
| instruments | 926 | 2002 | 185.20 | 926.00 | 0.00 | |||||||||||||||||||
| pa equipment | 837 | 2004 | 167.40 | 837.00 | 0.00 | |||||||||||||||||||
| instruments/pa equipment | 745 | 2005 | 149.00 | 745.00 | 0.00 | |||||||||||||||||||
| Hall instruments/pa equipment | 483 | 2006 | 96.60 | 483.00 | 0.00 | |||||||||||||||||||
| Hall instruments/pa equipment | 652 | 2007 | 130.40 | 652.00 | 0.00 | |||||||||||||||||||
| Tent & equipment | 1598 | 2007 | 319.60 | 1,598.00 | 0.00 | |||||||||||||||||||
| Hall pa equipment | 570 | 2008 | 114.00 | 570.00 | 0.00 | |||||||||||||||||||
| Tent & equipment | 323 | 2008 | 64.60 | 323.00 | 0.00 | |||||||||||||||||||
| Hall pa equipment/fitting | 5319 | 2009 | 1,063.80 | 5,319.00 | 0.00 | |||||||||||||||||||
| Kitchen shutters | 687 | 2009 | 137.40 | 687.00 | 0.00 | |||||||||||||||||||
| Office refurbishment PD/JY | 3041 | 2009 | 608.20 | 3,041.00 | 0.00 | |||||||||||||||||||
| Kids blinds | 530 | 2010 | 106.00 | 530.00 | 0.00 | |||||||||||||||||||
| Door alarm system | 488 | 2010 | 97.60 | 488.00 | 0.00 | |||||||||||||||||||
| Kitchen refurbishment | 1967 | 2010 | 393.40 | 1,967.00 | 0.00 | |||||||||||||||||||
| Samsung laptop | 399 | 2010 | 79.80 | 399.00 | 0.00 | |||||||||||||||||||
| Apple Ipad2 | 399 | 2011 | 79.80 | 399.00 | 0.00 | |||||||||||||||||||
| Apple Minimac | 529 | 2011 | 105.80 | 529.00 | 0.00 | |||||||||||||||||||
| Samsung laptop | 476 | 2012 | 95.20 | 381.00 | 95.00 | 0.00 | ||||||||||||||||||
| Signage | 1039 | 2014 | 207.80 | 415.60 | 207.80 | 207.80 | 207.80 | 0.00 | ||||||||||||||||
| Apple laptops | 2598 | 2016 | 519.60 | 519.60 | 519.60 | 519.60 | 519.60 | 519.60 | 0.00 | |||||||||||||||
| Stage lights | 380 | 2017 | 76.00 | 76.00 | 76.00 | 76.00 | 76.00 | 76.00 | 0.00 | |||||||||||||||
| CCTV | 715 | 2017 | 143.00 | 143.00 | 143.00 | 143.00 | 143.00 | 143.00 | 0.00 | |||||||||||||||
| Office Chair | 342 | 2017 | 68.40 | 68.40 | 68.40 | 68.40 | 68.40 | 68.40 | 0.00 | |||||||||||||||
| Blinds | 2336 | 2018 | 467.20 | 467.20 | 467.20 | 467.20 | 467.20 | 467.20 | 0.00 | |||||||||||||||
| Kitchen equipment | 961 | 2018 | 192.20 | 192.20 | 192.20 | 192.20 | 192.20 | 192.20 | 0.00 | |||||||||||||||
| pa equipment | 4047 | 2018 | 809.40 | 809.40 | 809.40 | 809.40 | 809.40 | 809.40 | 0.00 | |||||||||||||||
| pa equipment | 15790 | 2019 | 3,158.00 | 3,158.00 | 3,158.00 | 3,158.00 | 3,158.00 | 3,158.00 | ||||||||||||||||
| chairs | 847 | 2021 | 169.44 | 169.44 | 169.44 | 508.32 | ||||||||||||||||||
| Apple Ipad | 1231 | 2022 | 246.20 | 246.20 | 984.80 | |||||||||||||||||||
| COST | 21,008.00 | 23,606.00 | 25,043.00 | 32,387.00 | 48,177.00 | 48,177.00 | 49,024.20 | 50,255.20 | ||||||||||||||||
| DEPN FOR YEAR | 20,289.60 | 822.40 | 1,014.80 | 2,483.60 | 5,433.80 | 5,433.80 | 5,083.64 | 5,042.44 | ||||||||||||||||
| CUML DEPN | 20,289.60 | 21,112.00 | 22,126.80 | 24,610.40 | 30,044.20 | 35,478.00 | 40,561.64 | 45,604.08 | ||||||||||||||||
| NBV | 718.40 | 2,494.00 | 2,916.20 | 7,776.60 | 18,132.80 | 12,699.00 | 8,462.56 | 4,651.12 | 4,651.12 | |||||||||||||||
| COST | 21,588.00 | 33,754.00 | 35,191.00 | 42,535.00 | 66,021.00 | 66,021.00 | 76,317.38 | 77,548.38 | ||||||||||||||||
| DEPN FOR YEAR | 20,753.60 | 1,837.20 | 2,029.60 | 3,440.40 | 7,160.20 | 7,160.20 | 7,754.96 | 7,713.76 | ||||||||||||||||
| CUML DEPN | 20,753.60 | 22,590.80 | 24,620.40 | 28,060.80 | 35,221.00 | 42,381.20 | 50,136.16 | 57,849.92 | ||||||||||||||||
| NBV | 834.40 | 11,163.20 | 10,570.60 | 14,474.20 | 30,800.00 | 23,639.80 | 26,181.22 | 19,698.46 | 19,698.46 |
Registered Charity Number 1193988
Page 5