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2023-03-31-accounts

DEACONS/TRUSTEES ANNUAL REPORT 2023

Journeying together

So many things have happened in the world in the last year, wars, earthquakes, record increases in energy prices to name but three which have impacted lives and are still causing hardship to so many people today. The global problems have touched the life of our church too. However, throughout all of it God has been our constant companion, journeying with us providing and answering prayers. This is clearly visible when we look back and see just how far we have travelled in the last 12 months.

On this journey we have welcomed new friends at Sunday worship, some having come from other countries to build new lives in Bridgwater and some just passing through. They have made us think about our welcome routine for friends from other cultures and make improvements. We shared the joy of a baptismal service in November when Lloyd publicly professed his faith and welcomed Vicki and Frank into membership in March. With sadness, we said goodbye to long-time church friends, Tony Proll and Gordon Bartlett and members Pat Bartlett, George Constable, Martin Kelly and Alina Mackinlay, but thank God for their lives full of faithful service. There have been challenges, not least the increase in energy prices as these hit the running costs of the church building and construction costs of our energise project. However, God has provided allowing us to continue opening the premises for church and community use every day of the week with only a minimal increase in hall rents.

This year, thanks to the vaccination programme the world began to learn to live with covid 19 and we have seen all aspects of church life resume. In July we had the joy of welcoming a group of Korean ladies and learning a little about their mission work. We held a spring fayre, harvest celebration lunch, Christmas concert and fayre. These events gave opportunity to connect a little deeper with each other and with those from the wider community. We continue to support Bridgwater Food Bank, SWBA home mission and BMS World Mission. Our prayer support Alan & Megan Barker and Angus & Helen Douglas, our BMS missionaries in Nepal also continues.

Regular activities including Coffee morning, Make it on Monday and CAMEO are to be places where friendships are made, as does our Parents & Toddlers group and Messy Church for the younger generation.

Our creative writing group ‘Scribes’ continues to meet monthly on Zoom and our three small groups encourage fellowship, bible study and prayer. These varied activities are allowing our church to grow stronger and be more effective in our witness

Our journeying with Alive Christian Ministries has seen us join together for services at Christmas and Easter and work together hosting a Christmas Concert and an Alpha course. Connections are growing. Alive members kindly financed and managed the installation of their electric oven, hob, hot water boiler and dishwasher into the kitchen after upgrading the electrical supply and also made improvements to the sanctuary stage lighting. An ever-present spirit of Christian love and improving communication allows us to journey well together. Sharing our building with MSBN (the Portuguese speaking church) continues to bring challenges but Tim and others work hard to improve communication and relationship with them.

The Energise Project’s journey gathered pace this year despite many challenges including increases in costs, the main contractor pulling out just as contracts

DEACONS/TRUSTEES ANNUAL REPORT 2023

were about to be signed and the sad loss of our project manager Alina. However, whenever any problem occurred whether large or small, we could sense God’s provision. Prayers were answered, grant funders offer uplift grants, a new contractor was found within days of the other one leaving and Tim, Jenny, Annette and Keith took on Alina’s role with a small amount of professional input from Justin, a quantity surveyor.

Firstly, the new church hub and storeroom were created. Comley building and KDR electrics worked alongside a team of church friends led by Martin Rawles to transform all the small dark rooms on the first floor of the church into a light, bright welcoming space which is now our church office and a home for Bridgwater Street Pastors and Alive’s office. A new floor was created which in now a storeroom and where the lift will stop on this level.

Next, we prepared to start the main project and signed the contract with Cann Construction in September 2022. Work began! The engagement of Bill Cann, his construction team and his quantity surveyor, Phil Durham on our energise journey has been a blessing. They have understood the energise vision, worked tirelessly to remain on budget and sensitively adapted aspects of the construction work to minimise disruption to the day-to-day life of the church and still managed to complete in just over the 6 months original schedule. Allowing us to celebrate the end of the construction phase of energise at our Open Day and Dedication Service on Saturday 13[th] May. It was a joy to recount the journey so far and share time with so many who supported us along the road. Now we start on a new journey as we prepare to welcome ‘start up’ and small businesses into our enterprise hub offices and find the best way to use our new cellar wellbeing café bar to benefit church life and the local community. Many ideas are being explored and plans made. May God bless the use of our energise spaces and continue to journey with us as activities begin.

This year we have spent time improving our pastoral care provision by making the ‘buddy scheme’ more robust and creating a pastoral care team as an extra layer of support. We completed our first Charity Commission annual report and continue to transfer our assets and learn about the administrative aspects of being a Charitable Incorporated Organisation. Tim has settled into his Chaplaincy role at Hinkley Point, supporting workers and building connections. In December we wished Julie well as she retired from her post of church cleaner after eight years of dedicated service and welcomed Louise into this role.

After many years of service Martin Draper stepped down from his role as church treasurer. We thank him for his thorough and safe handling of the church finances. His clear explanation of all financial matters has been greatly appreciated all members. His shoes have been very difficult to fill but God has provided a team of members willing to take on this vital aspect of church life. May God help them grow in knowledge and wisdom enabling them to guide the church on future financial matters and may he journey with Martin in his retirement and continuing service.

We are blessed to have the use of our very large building and the joy of being able to share with others but it is old and comes with new challenges every day. Over the last year, in addition to the Energise construction work we have cleared our many roof gutters to try and stop rain water ingress, upgraded part of the church cottage roof when this became unexpectedly needed and constructed a new kitchen ceiling following the sudden collapse of the old new! God provided the resources for all we faced even though our financial position became critical at one point in the year. Securing a grant specifically to help with increased

DEACONS/TRUSTEES ANNUAL REPORT 2023

energy costs and a very generously supported gift day in March have managed this situation for now.

This year has been a rollercoaster of a journey for BBC with scary moments but plenty of joyous and exciting times too. Through it all we have faithfully journeyed close to God and he has provided all we needed in his time. There were moments when all we could do was pray and our prayers were answered. Next year will bring so many new opportunities to witness as we begin to use the whole of our building as a tool for mission. May God give us the grace to listen and wisdom to journey where He is calling us in the year ahead.

Bridgwater Baptist Church FY 2021 - 2022

BBC Current Account AGM agreed
2022/23
Budget
Apr 2022 May 2022 June 2022 July 2022 August
2022
September
2022
October 2022 November
2022
December
2022
January 2023 February 2023 March 2023 Totals Notes
RECEIPTS £1,325.00
£559.35
£99.70
£92.20
£250.00
£525.00
£1,743.00
£1,099.10
£1,025.00
£87.50
£525.00
£2,019.00
£1,115.00
£624.60
£117.90
£600.00
£525.00
£1,745.00
£1,105.00
£821.00
£96.50
£150.00
£525.00
£1,603.00
£1,105.00
£1,115.00
£595.35
£803.00
£300.00
£94.00
£90.54
£647.50
£167.00
£2,439.53
£525.00
£525.00
£1,358.00
£3,427.00
£1,495.00
£567.60
£101.00
£90.00
£525.00
£1,575.00
£1,065.00
£323.20
£80.00
£20.00
£109.35
£597.05
£525.00
£2,035.50
£1,000.00
£919.25
£83.00
£300.00
£525.00
£1,632.00
£1,000.00
£1,010.00
£680.00
£478.50
£250.00
£2,770.00
£4,369.75
£115.00
£82.00
£258.35
£5,000.00
£56.00
£525.00
£525.00
£2,119.50
£2,309.00
£13,629.10
£8,038.15
£3,370.00
£4,369.75
£1,197.94
£1,225.85
£0.00
£1,483.55
£2,439.53
£527.00
£5,000.00
£0.00
£250.00
£597.05
£56.00
£6,300.00
£23,976.00
P Bartlett / G Constable/Kelly
p
g
p
,
y
92.20/sale of craft, Jul=Korean Ladies, Aug -
150 kitchen ceiling appeal, Sept £100
Kitchen, £67 Foodbank, Nov = £5 xmas fayre
stall, 85 good news 4 everyone, Dec=109.35
foodbank
Apr=527 Roof
May = iro J Langdon
xmas fayre, allocated to BMS/HM 100%
Giving
Offerings
DD
Collection Plate
Gift Day (22/23)
Gift Aid:-
Coffee Morning
Other:-
Weddings/Funerals
Donations
Furlough
Other:-
Closure and transfer of BU account funds
Building Projects
SCOL Grant
Allocated
Building Projects/Energise
BMS/HM Xmas appeal
SCC - Cameo
Direct giving to BMS:-
Christmas fayre
Rents
Cottage
Halls
GRAND TOTAL 67284 £5,774.10 £4,594.25 £4,755.60 £4,727.50 £4,300.50 £3,844.35 £9,347.57 £4,353.60 £4,755.10 £4,459.25 £14,373.60 £7,174.50 £72,459.92
PAYMENTS
Ministry
Preaching Fees
Conf & Study
Admin Exps
Salary
MINISTRY TOTAL
Mission
Home Mission
B.M.S World Mission
general / arising
MISSION TOTAL
Premises
Manse:-
Insurance
Water
Council Tax
AGM Agreed
2022/23
Budget
Apr 2022 May 2022 June 2022 July 2022 August
2022
September
2022
October 2022 November
2022
December
2022
January 2023 February 2023 March 2023 Totals Notes
150
1000
100
36679
37929
250
250
500
342
400
1764
£3,011.00
£180.77
£80.00
£3,011.00
£178.00
£3,011.00
£178.00
£3,011.00
£168.75
£178.00
£2,675.04
£374.02
£178.00
£2,675.04
£178.00
£2,675.04
£67.00
£178.00
£200.00
£2,675.04
£178.00
£2,675.04
£85.00
£178.00
£2,849.54
£298.52
£298.53
£109.35
£178.00
£2,849.54
£200.20
£2,849.54 £80.00
£200.00
£33,967.82
£298.52
£298.53
£261.35
£374.02
£368.95
£1,782.77
Aug = reduced pen deficit contribution
Oct=Foodbank, Dec=GNFE, Jan=Foodbank

Bridgwater Baptist Church FY 2021 - 2022

34248 4940 3296

Maintenance
Cottage:-
Insurance
Maintenance
Church:-
Insurance
Water
Gas
Electric
Maintenance
Elec Door maint
Broadband
Fire Prevention
PREMISES TOTAL
Caretaker & Cleaning
Caretaker's wages
Cleaner
Cleaning materials
C&C TOTAL
Administration & fees
Bankline charges
Organ & Piano
Music licences
Printing & Stationery
weba payroll charges
FY 19/20 account auditing
BU subs
Other / incidentals
ADMIN TOTAL
OTHER
Frontage Loan Repayment
Cottage roof
Church Drains
Church roof gutter
Kitchen
Kitchen Ceiling
xfer to energise
525
227
636
2483
84
5631
7983
1000
510
2089
175
23849
4650
2790
903
8343
19
300
469
62
386
270
1506
2000
2600
4600
£268.02
£834.52
£128.63
£411.64
£247.00
£0.80
£32.10
£84.74
£267.99
£1,231.20
£126.95
£411.64
£247.00
£228.23
£1.60
£342.89
£51.10
£250.00
£223.39
£124.67
£411.64
£247.00
£1.20
£32.10
£110.00
£2,000.00
£43.50
£66.00
£171.83
£200.00
£130.07
£356.40
£411.64
£247.00
£111.95
£1.60
£92.10
£249.18
£550.00
£2,682.83
£117.08
£621.98
£272.98
£129.37
£411.64
£247.00
£2.40
£32.10
£240.08
£627.89
£127.90
£400.24
£411.64
£247.00
£153.56
£1.20
£32.10
£3,210.00
£400.00
£1,950.00
£284.80
£534.92
£566.01
£648.00
£128.89
£136.48
£411.64
£411.64
£247.00
£247.00
£219.29
£2.00
£1.60
£258.00
£93.99
£32.10
£32.10
£48.00
£80.00
£284.80
£534.92
£566.01
£648.00
£128.89
£136.48
£411.64
£411.64
£247.00
£247.00
£219.29
£2.00
£1.60
£258.00
£93.99
£32.10
£32.10
£48.00
£80.00
£110.00
£636.73
£131.98
£411.64
£542.24
£3.60
£41.10
£508.88
£351.48
£27.36
£128.27
£411.64
£259.33
£191.54
£2.80
£34.75
£192.00
£798.17
£1,082.95
£494.62
£738.50
£130.61
£128.58
£411.64
£411.64
£259.33
£259.33
£4.00
£2.40
£34.75
£34.75
£70.00
£270.00
£192.00
£798.17
£1,082.95
£494.62
£738.50
£130.61
£128.58
£411.64
£411.64
£259.33
£259.33
£4.00
£2.40
£34.75
£34.75
£70.00
£270.00
£345.50
£249.18
£616.00
£2,682.83
£84.74
£4,498.11
£5,268.41
£2,110.76
£1,824.74
£356.40
£4,939.68
£3,296.23
£904.57
£25.20
£258.00
£342.89
£93.99
£389.05
£400.10
£2,000.00
£3,210.00
£0.00
£400.00
£0.00
£1,950.00
£520.00
Mar = REF Electrics
Apr = 410 G Comley, 149.52 KDR, 275 Skip
Hire, Oct = 648 = Dorma door maint
Dec = handover/double payments
dec=93.99 xmas collateral
May = miscalc - 19.00 refunded
Jun = Safeguarding training, Oct = 48, hall
rent refund / music with mummy, dec = £40
Trustee training, £40 JPC Design,
Mar=Trustee training
Sep = £3210 G Comley
Sep = £400 G Comley
May = iro J Langdon, Mar= Gift aid share
GRAND TOTAL
76727
£5,114.48 £6,512.34 £6,339.00 £5,189.84 £8,543.62 £10,654.65 £4,722.47 £5,634.07 £4,815.33 £5,649.99 £5,182.86 £6,039.69 £74,398.34
Total Monthly Income- Outgoings £659.62 -£1,918.09 -£1,583.40 -£462.34 -£4,243.12 -£6,810.30 £4,625.10 -£1,280.47 -£60.23 -£1,190.74 £9,190.74 £1,134.81
Balance Brought Forward £21,693.50 £22,353.12 £20,435.03 £18,851.63 £18,389.29 £14,146.17 £7,335.87 £11,960.97 £10,680.50 £10,620.27 £9,429.53 £18,620.27
Closing Balance £22,353.12 £20,435.03 £18,851.63 £18,389.29 £14,146.17 £7,335.87 £11,960.97 £10,680.50 £10,620.27 £9,429.53 £18,620.27 £19,755.08
BU Corporation
Opening Balance £2,417.95 £2,417.95 £2,417.95 £2,427.54 £2,427.54 £2,427.54 £2,427.54 £0.00 £0.00 £0.00 £0.00 £0.00
Income £0.00 £0.00 £9.59 £0.00 £0.00 £0.00 £11.99 £0.00 £0.00 £0.00 £0.00 £0.00
Expenditure £0.00 £0.00 £0.00 £0.00 £0.00 £2,439.53 £0.00 £0.00 £0.00 £0.00 £0.00
Closing Balance £2,417.95 £2,417.95 £2,427.54 £2,427.54 £2,427.54 £2,427.54 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Reserve Account
Opening Balance £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27

Income (Interest)
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00

Expenditure
£0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00 £0.00
Closing Balance £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27 £1.27
Energise Account
Opening Balance £53,388.94 £52,670.69 £53,469.29 £38,492.09 £50,086.06 £126,920.05 £182,100.05 £236,229.75 £184,768.61 £144,840.95 £160,109.74 £61,744.98
Income £356.75 £798.60 £335.00 £20,664.97 £80,188.40 £55,180.00 £55,191.50 £46,544.60 £51,293.80 £71,003.00 £7,567.53 £103,042.90
Expenditure £1,075.00 £0.00 £15,312.20 £9,071.00 £3,354.41 £1,061.80 £98,005.74 £91,221.46 £55,734.21 £105,932.29 £71,007.67
Closing Balance £52,670.69 £53,469.29 £38,492.09 £50,086.06 £126,920.05 £182,100.05 £236,229.75 £184,768.61 £144,840.95 £160,109.74 £61,744.98 £93,780.21 £0.00
Total All Accounts £77,443.03
£76,323.54
£59,772.53
£70,904.16 £143,495.03
£191,864.73
£248,191.99
£195,450.38
£155,462.49
£169,540.54
£80,366.52
£113,536.56

Bridgwater Baptist Church FY 2021 - 2022

2. Balance Sheet

Current Assets
PettyCash
NatWest Current Account
Natwest Reserve Account
Baptist Union Funds
Energise
TOTAL
Long Term Liabilities
Total Assets less liabilities(Excluding Energize)
Total Assets less liabilities(Including Energize)
Capital and Reserves
Reserves(moneycarried forward frompreviousyear)
Church PolicyReserve
Deficit/Credit foryear
TOTAL Capital and Reserves
Fixed Asset Insurance Values
Church
Cottage
Manse
2021 - 22
£
-28.42
21,693.50
1.27
2,417.95
53,388.94
77,473.24
8,000.00
16,084.30
69,473.24
-15,945.47
30,000.00
2,029.77
16,084.30
1,469,231.00
104,500.00
203,775.00
2022 - 23
£
-28.42
19755.08
1.27
0.00
93780.21
113,508.14
0.00
19,727.93
113,508.14
-13,915.70
30,000.00
3,643.63
19,727.93
1,469,231.00
104,500.00
203,775.00
Notes
Current Assets
PettyCash -28.42 -28.42
NatWest Current Account 21,693.50 19755.08
Natwest Reserve Account 1.27 1.27
Baptist Union Funds 2,417.95
53,388.94
0.00
Energise 93780.21
TOTAL 77,473.24 113,508.14
Long Term Liabilities 8,000.00 0.00 Note 1
Total Assets less liabilities(Excluding Energize) 16,084.30 19,727.93
Total Assets less liabilities(Including Energize) 69,473.24 113,508.14
Capital and Reserves
Reserves(moneycarried forward frompreviousyear) -15,945.47 -13,915.70
Church PolicyReserve 30,000.00 30,000.00
Deficit/Credit foryear 2,029.77 3,643.63
TOTAL Capital and Reserves 16,084.30 19,727.93 Note 2
Fixed Asset Insurance Values
Church 1,469,231.00 1,469,231.00 Note 3
Cottage 104,500.00 104,500.00 Note 3
Manse 203,775.00 203,775.00 Note 3

Estimated pension deficit as at EOY

30,200.00 0.00

Notes

  1. Frontage loan of £8K. £2K repaid on 6/6/22, remaining £6K to be treated as a gift.

  2. Total Capital and Reserve from last year, minus church policy reserve. 3. Propose new values for 22/23, Manse 350K, cottage 150K. Church ??

BBC Accounts FY 2022 - 23 with Energise.xlsx 28/01/2024 Page 3 of 9

Bridgwater Baptist Church FY 2021 - 2022

3. Financial Statement

CURRENT ACCOUNT
Receipts
Standingorders,offerings.
Gift Day
Gift Aid(General Funds)
Coffee Mornings
Hall Rents
Cottage Rent
Allocatedgiving- Xmas Fayre
Allocatedgiving- Energise
Other income
Grant Income for buildingworks
Closure and Xfer of BU account funds
SCOL Grant towards Energy costs
Kitchen ceiling
Weddings/Funerals
TOTAL
Payments
Ministerial
Manse
Caretakers Wages
Church Cleaning
Church Elec
Church Gas
Church Premises upkeep
Cottage Upkeep
B.M.S
BU Home Missions
Other Causes
Church Administration
Project - Frontage
Project - Energise
Church Kitchen ceiling
Churchgutter clearance
Cottage roof repairs
Total
Net Defecit/Credit
2021 - 22
£
23539
4564
12789
1119
25470
6300
1000
885
1905
3899
81469
37040
2972
4559
3621
20779
848
950
250
639
1722
2000
6066
81445
24
2022 - 23
£
21667
3370
4370
1198
23976
6300
597
250
1540
2440
5000
527
1226
72460
34248
2871
4940
4201
5268
4498
7059
865
299
299
261
1509
2000
520
1950
400
3210
74398
-1938
Notes
Note 1
Note 2
Note 3
Note 7
Note 4
Note 5
Note 6
Notes
Note 1. Gifts made to energise that initially went in to the Church
current account
Note 3. Pen deficit contrib reduced to £1 pcm from August (was 336 pcm)
Note 4. LFL Prev year = 2661
Note 5. LFL Prev year = 1877
Note 6. Includes £2.6K insurance, £2.1K maintenance, £1.8K Broadband
Note 7. Includes cleaningmaterials and cleaners wages.
Note 2. Gifts from Korean ladies, sale of craft etc

BBC Accounts FY 2022 - 23 with Energise.xlsx 28/01/2024Page 4 of 9

Bridgwater Baptist Church FY 2021 - 2022

4. Details of Payments

2021 - 22
£
2022 - 23
£
Ministry
Ministers Salary 32,233.23 33,285.90
Pulpit supply 50.00 80.00
Ministers SundryExpenses 770.00 200.00
Pension defecit contribution 3986.42 681.92
Total 37039.65 34247.82
2021 - 22
£
2021 - 22
£
2022 - 23
£
Mission
BU Subscription 235.00 0.00
BMS General Payments 1100.00 298.52
HomeMission 550.00 298.53
Other Causes 119.95 261.35
Total 2004.95 858.40
Manse Upkeep
ManseRepairs 515.00 345.50
Water Rates 392.13 368.95
Council Tax 1729.65 1782.77
Manse Insurance 335.22 374.02
Total 2972.00 2871.24
Church Administration
Church Musiclicences 501.98 342.89
Printing and stationery 93.99
Misc 425.30
Webapayroll 646.34 389.05
TOTAL 1148.32 1251.23
Church Premises Upkeep
CaretakersWages 4558.86 4939.68
Repairs and maintenance 11001.06 1462.76
Organ and Piano 258.00
Church Cleaningmaterials 885.19 904.57
Church Cleaner 2735.37 3296.23
Gas 1877.27 4498.11
Electric 2661.10 5268.41
Water 82.42 84.74
Insurance 2434.28 2682.83
Elec door maint 500.40 648.00
Broadband wifi 2048.08 1824.74
Fire Extinguisher Service 174.00 356.40
Total 28958.03 26224.47
Cottage Upkeep Cottage Upkeep
CottageRepairs 210.60 249.18
Cottage Insurance 118.20 616.00
Total 328.80 865.18
Other
XfertoEnergise 520.00
Frontageloan repayment 2000.00
Cottageroof 3210
Churchgutterclearing 400
Kitchen Ceiling 1950
Total 0.00 8080.00
Total 72451.75 74398.34

BBC Accounts FY 2022 - 23 with Energise.xlsx 28/01/2024 Page 5 of 9

Bridgwater Baptist Church FY 2021 - 2022

5. Opening acct balances

2021 - 22
£
2021 - 22
£
2022 - 23
£
ASSETS - OPENING BALANCES
Cash and Bank Accounts
BU Corporation 2411.70 2417.95
BBC General Current Account 21669.98 21693.50
Petty Cash -28.42 -28.42
Reserve Account 1.27 1.27
BBC Energise Account
20685.35
53388.94
TOTAL ASSETS
44739.88
77473.24
2021 - 22
£
2021 - 22
£
2022 - 23
£
ASSETS - CLOSING BALANCES
Cash and Bank Accounts
BU Corporation 2417.95 0.00
Nat West Current Account 21693.50 19755.08
Petty Cash -28.42 -28.42
Reserve/Projects Account 1.27 1.27
BBC Energise Account
53388.94
93780.21
TOTAL ASSETS
77473.24
113508.14

BBC Accounts FY 2022 - 23 with Energise.xlsx 28/01/2024 Page 6 of 9

Bridgwater Baptist Church FY 2021 2022

6. Draft budget 22 23

PAYMENTS
Ministry
Preaching Fees
Conf & Study
Admin Exps
Salary
MINISTRY TOTAL
Mission
Home Mission
B.M.S World Mission
general / arising
MISSION TOTAL
Premises
Manse:-
Insurance
Water
Council Tax
Maintenance
Cottage:-
Insurance
Maintenance
Church:-
Insurance
Water
Gas
Electric
Maintenance
Elec Door maint
Broadband
Fire Prevention
PREMISES TOTAL
Caretaker & Cleaning
Caretaker's wages
Cleaner
Cleaning materials
C&C TOTAL
Administration & fees
Bankline charges
Organ & Piano
Music licences
Printing & Stationery
weba payroll charges
FY 19/20 account auditing
BU subs
Other / incidentals
ADMIN TOTAL
OTHER
Frontage Loan Repayment
Cottage roof
Church Drains
Church roof gutter
Kitchen
Kitchen Ceiling
xfer to energise
Total
AGM Agreed
2022/23
Budget
Actuals/Totals
2022/23
AGM
Proposed
2023/24
Budget
150
1000
100
36679
37929
250
250
500
342
400
1764
525
227
636
2483
84
5631
7983
1000
510
2089
175
23849
4650
2790
903
8343
19
300
469
62
386
270
1506
2000
2600
4600
80
200
33968
34248
299
299
261
858
374
369
1783
346
249
616
2683
85
4498
5268
1463
648
1825
356
20563
4940
3296
#############
9140
25
258
343
94
389
400
1509
2000
3210
0
400
0
1950
520
8080
150
200
100
37365
37815
0
0
0
0
411
387
1872
500
274
616
2951
89
£6,960.00
£6,720.00
1463
648
1825
356
25073
5688
3413
905
10006
25
258
343
94
389
0
240
400
1749
0
0
0
400
0
0
0
400
Same as 22/23 budget
Same as 22/23 actuals
Same as 22/23 budget
22/23 actuals * 1.10%
No planned donations - running a deficit budget
No planned donations - running a deficit budget
No planned donations - running a deficit budget
22/23 actuals * 1.10%
22/23 actuals * 1.05%
22/23 actuals * 1.05%
Same as 22/23 budget
22/23 actuals * 1.10%
Same as 22/23 actuals
22/23 actuals * 1.10%
22/23 actuals * 1.05%
£2900 spent in last 5 months 0f 22/23. Prorated to a full
year
£2800 spent in last 5 months 0f 22/23. Prorated to a full
year
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
(NMW 1.05%), 10H PW
(NMW
1.05%)
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
Same as 22/23 actuals
Energise to fund
Historic value
Same as 22/23 actuals
Required annually ?
GRAND TOTAL
76727
74399 75043
BBC Accoun

BBC Energise Accounts 22/23

BBC Energise Accounts 22/23 BBC Energise Accounts 22/23
£
21/22 Brought fwd 53388.94
INCOME
Grants 487346.9
Donations/Offerrings 4094.97
Fund raising 455.15
Gift Aid 270
TOTAL 492167.1
OUTGOINGS
Plans/Services 3128.5
BuildingWorks 448647.3
TOTAL 451775.8
Carried forward 93780.21

Bridgwater Baptist Church 2021 - 2022

0. General notes

1. Monthly summary. This is the usual tracking spreadsheet shared with the Deacons each month that shows the current position of our finances.

  1. Balance sheet. The balance sheet shows that we have capital and reserves of £19.7k, and our accounts are in credit this year by £3.6K. Our policy reserve is £30K and we are still significantly under this. This years improvement is due to the remaining £6K frontage loan being converted in to a gift.

  2. Financial statement. This provides a summary analysis of receipts and payments - similar to the monthly summary

Receipts

Income was £72460, against a budgetted income of £67240, The difference largely being the £5K SCOL grant.

Gift aid - we had budgetted £2.5k, actuals were £4.3k

Expenditure

We spent £33.9K on ministry (mainly Tims running costs, and a small amount on Robs training) against a budget of £37.9k, the difference being the reduction in pension deficit contributions.

Wespent more on church gas and electric than in previous years, however our actual spend was less than we had budgetted.

4. Details of Payments. Further detailed analysis

5. Opening account balances

6. Proposed 23/24 budget - for confirmation by church meeting.

General comments

A special thanks must go to Trish for managing our rental income, Clive for being the usual 2nd signatory that I use, and Annette for doing the monthly Energise accounts

Thanks to all who help, cash counters, bankers, etc

BBC Accounts FY 2022 - 23 with Energise.xlsx 28/01/2024 Page 9 of 9

BRIDGWATER BAPTIST CHURCH ACCOUNTS 2022/2023

I Hereby confirm that I have checked the accounts presented to me and would confirm that they are a true and accurate record of the incomings and outgoings for the year. Any queries I had were due to lack of knowledge of the church workings and have been satisfactorily answered.

  1. Room Lettings I am concerned that there are so many varying costs for the room hire charges and they should be standardised. Prices need to be increased to cover the enormous increase in gas and electricity costs. The room letting secretary should be able to pass a copy of a spread sheet to the treasurer showing all lettings and this should tie up with cash received. ( I attach a spread sheet design which should help in this matter. I am happy to email it to the treasurer ans letting secretary )

  2. WEEKLY COLLECTIONS. This should be counted by two persons and the collection receipt should be signed by both parties not one. There are a few occasions where it is stated that cash for room rentals are added to the monthly income form which state UNKNOWN. Whoever hands over the cash to the collection counter should make sure they know who the money is from.

  3. CASH RELIANCE. B.B.C. are reliant on rental income to keep the church afloat. This could be problematic if you lose a large renter, as the congregation is generally O.A.P. attenders on fixed incomes and therefore it is vital that young earners be encouraged to join the church if at all possible to enable cash reserves to built up. Thinking of the seven years of plenty verses the seven years of famine. I know this might not please some people but every organisation whether commercial or charitable must face reality.

Signed

Frank Pates. 44 Berrow Road Burnham on Sea Somerset TA8 2EX Phone 01278 781374 Retired Member C.I.P.S ( Chartered Institute of Purchasing and Supply. January 27[th] 2024