# ## |||Contents|| |---|---|---|---| ||Trustees'
Annual
Report||2 —7| ||Independent
Examiner's|Report|| ||Statement
of Financial Activities 2022||| ||Balance Sheet||10| |,|Statement of Financial Activities 2021||| ||Notes to the Accounts||12-21| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Notes|Unrestricted
funds|Designated
funds|Restricted
funds|Total 2022
funds|Total 2021
funds|Total 2021
funds| |---|---|---|---|---|---|---|---|---|---|---| ||||||f.|||F|6|| |Income and endowments||from:||||||||| |Donations
and legacies|||||124,147||4,106|128,253|134,544|| |Income from charitable
activities|||||6,365|||6,365||2,278| |Other trading
activities|||||56,733|||56,733|31,145|| |Investments|||||1,563|||1,563||176| |Other income||||||||||3,35?| |Total income and endowments|||||188,808||4,106|192,914|171,500|| |Expenditure
on:||||||||||| |Expenditure
on charitable|activities|||||||||| |Preaching,
Teaching,
Music
Worship||&|||58,362|||58,362|65,999|| |Youth Ministry||||8|1,210|||1,210||652| |Evangelism
&Other Ministries||||9|5,601|2,000||7,601||2,966| |Fellowship||||10|1,690|||1,690||496| |Mission (Institutions)||||11|18,618|||18,618|14,834|| |Establishment||||12|80,003||815|80,818|?6,610|| |Management
&Administration||||13|5,916|||5,916||5,225| |Governance||||14|5,980|||5,980||3,858| |Other expenditure||||15||(18,601)||(18,601)||(523)| |Total expenditure|||||177,380|(16,601)|815|161,594|170,117|| |Gains Ilosses on investment|||assets|||||||| |Net income I(expenditure)|||before|transfer|11,428|16,601|3,291|31,320||1,383| |Transfers||||||||||| |Gross transfers
between|funds - in||||2,939|2,824||5,763||4,593| |Gross transfers
between|funds - out||||(2,724)|(1,739)|(1,300)|(5,763)|(4,593)|| |Other recognised
gains|I|losses||||||||| |Gains on revaluation,
fixed||assets, charity's||||||||| |own use||||||||||| |Net movement
in funds|||||11,643|1?,686|1,991|31,320||1,383| |Reconciliation
offunds||||||||||| |Total funds brought
forward|||||69,057|7,422,790|16,874|?,508,721|7,507,338|| |Total funds carried forward|||||80,700|7,440,476|18,865|7,540,041|7,508,721|| ## ## |Balance sh|eet|||||| |---|---|---|---|---|---|---| ||||||2022|2021| |||||Notes|Funds|Funds| |||||||R| |Fixed assets||||||| |Tangible assets||||18|7,340,144|7,343,840| ||||||7,340,144|7,343,840| |Current assets||||||| |Debtors||||19|12,596|9,584| |Cash at bank and|in hand|||20|195,220|182,234| ||||||207,816|191,818| |Liabilities||||||| |Creditors: Amounts
year|falling due in one|||21|7,919|5,437| ||||||7,919|5,437| |Net current assets less current liabilities|||||199,897|186,381| |Total assets less|current||liabilities||7,540,041|7,530,221| |Provisions||||24||21,500| |Total net assets|||||7,540,041|7,508,721| |Represented
by||||||| |Unrestricted||||22||| |General
Fund|||||80,700|69,057| |Designated||||22||| |Buildings|||||7,337,733|7,337,733| |Legacy|||||7,216|9,030| |Mission and Outreach||Fund|||5,527|7,527| |Special Reserve Fund|||||65,000|65,000| |Building Repairs||||||| |Pension Reserve||||||(21,500)| |Additional
Workers|Fund||||25,000|25,000| |Special Projects Fund||||||| |Restricted||||22||| |Family and Youth Work Fund|||||881|881| |Furniture
B Equipment||Fund|||8,917|8,432| |Housing
Fund|||||5,817|5,811| |Minister's
Pastoral|Fund||||3,250|1,750| |Mission Fund||||||| |Funds ofthe church|||||?,540,041|7,508,721| ## ## ||||Unrestricted|Designated|Restricted|Total|2021|Total 2020| |---|---|---|---|---|---|---|---|---| ||||funds|funds|funds||funds|funds| ||||r;||6|6||| |Income and endowments||from:||||||| |Donations
and legacies|||128,544||6,000|134,544||117,815| |Income from charitable
activities|||2,278||||2,278|1,255| |Other trading
activities|||31,145|||31,145||29,140| |Investments|||176||||176|323| |Other income|||3,357||||3,357|3,283| |Total income and endowments|||165,500||6,000|171,500||151,816| |Expenditure
on:||||||||| |Expenditure
on charitable|activities|||||||| |Preaching,
Teaching,
Music||&Worship|65,999|||65,999||66,341| |Youth Ministry|||652||||652|291| |Evangelism
8 Other Ministries|||2,966||||2,966|6,509| |Fellowship|||496||||496|780| |Mission (Institutions)|||14,834|||14,834||22,181| |Establishment|||69,423|6,873|314|76,610||85,137| |Management
&Administration|||5,225||||5,225|5,372| |Governance|||3,858||||3,858|2,100| |Other expenditure||||(523)|||(523)|(12,683)| |Total expenditure|||163,453|6,350|314|170,117||176,028| |Net income
/ (expenditure)
transfer||before|2,047|(6,350)|5,686||1,383|(24,212)| |Transfers||||||||| |Gross transfers
between|funds - in|||4,593|||4,593|3,714| |Gross transfers
between|funds - out||(4,593)|||(4,593)||(3,714)| |Net movement
in funds|||(2,546)|(1,757)|5,686||1,383|(24,212)| |Reconciliation
offunds||||||||| |Total funds brought
forward|||71,603|7,424,547|11,188|7,507,338||7,531,550| |Total funds carried forward|||69„057|7,422,790|16,874|7,508,721||7,507,338| ## |Basis ofAccounting|||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The accounts are prepared
under the historical cost convention||and|in accordance
with Financial||Reporting
Standard|||102, the Charities Act|||||||2011and||| |the requirements
ofAccounting
and Reporting
by Charities: Statement of Recommended
practice applicable
to chadities
preparing
their accounts
in
accordance
with the Financial
Reporting
Standard
applicable
in the UK and the Republic of Ireland (FRS 102).The accounts are presented
in sterling|||||||||||||||||| |rounded
to the nearest pound.|||||||||||||||||| |Teddington
Baptist Church
is a charitable
incorporated|organisation||and carries out most of its activities at its|||premises||at Church||Road, Teddington,|||||||| |TW11 SPF. It is a public benefit entity.|||||||||||||||||| |Charity Reconstruction|||||||||||||||||| |On 1stOct 2022 the unincorporated
charity converted|to a charitable
incorporated
organisation,||||but its name,|purpose||and beneficiary||||class|||remained||| |unchanged.
The transfer of business
has been accounted
for||as|a group
reconstruction|using|merger
accounting.|||The assets||and||liabilities||||of the|| |unincorporated
charity
have
therefore
been
shown|in these accounts
at their book value. The comparative||||||figures
included|||in|the||statement||||of| |financial
activities relate to the unincorporated
charity.|See note|24|for a breakdown
ofthe|2022|figures between||the two charities.||||||||||| |Going Concern|||||||||||||||||| |At the time ofapproving
the financial statements,
the|trustees have||a reasonable
expectation
that the church|||has adequate
resources||||||to|||||| |continue
in operational
existence for the foreseeable|future.
There||are no material
uncertainties||affecting the|church's||ability to continue|||||in|its|||| |operations.
Thus the trustees
continue
to adopt the going concern|||basis ofaccounting
in preparing
the financial||||statements.||||||||||| |Donations|||||||||||||||||| |Donations are accounted
for gross when received.|||||||||||||||||| |Refund ofIncome Tax|||||||||||||||||| |Refund of Income Tax from donations
received
under|Gift Aid is|included
in the accounts for the|||year in which|the donation
is received.|||||||||||| |Legacies|||||||||||||||||| |Legacies are accounted
for when their receipt is probable
and can|||be properly
quantified.||||||||||||||| |Investment
Income|||||||||||||||||| |Investment
income is included
in the accounts
in the|year in which||it is receivable.||||||||||||||| |Grants Payable|||||||||||||||||| |The Church makes grants to other organisations
whose charitable objects complement
its||||work.|It also makes|grants to various|||individuals||||||||| |involved
in Christian
ministry.|||||||||||||||||| |Governance
Costs|||||||||||||||||| |This represents
direct expenditure
on the governance|of the church||and consists of independent||assessment|and other professional|||||services for||||||| |the current year. Most ofthe management
is carried out without||charge by volunteers.
This||intangible
cost is not included
in the|||||Statement of||||||||| |Financial
Activities since there is no measurable
cost|to the volunteers
for their service.||||||||||||||||| |Tangible Fixed Assets|||||||||||||||||| |Freehold
land and buildings
are included
at deemed cost which||was the value used at the date of transition
to FRS102.Freehold||||||||land||is not|||||| |depreciated.
Other fixed assets are included
at cost.|||||||||||||||||| |Depreciation|||||||||||||||||| |Depreciation
has not been charged
on the Church or|the residential||premises
owned
by the Church, because|||in the opinion ofthe Trustees,|||||||||the||| |residual
value ofeach asset is greater than the carrying
value. Depreciation
on other fixed||||assets is calculated|||to write|off the cost on a 'straight-|||||||||| |line' basis over the expected
useful
life, with a full year's depreciation
charged
in the year ofpurchase
at rate||||||of25% per annum.|||||||||||| |Fund Accounting|||||||||||||||||| |Restricted,
unrestricted
designated
and unrestricted
general
funds|||are separately
disclosed|in the accounts. Restdicted funds are||||||subject|||to||||| |specific restrictions
imposed
by the donor or by the nature ofthe appeal, Designated
funds||||are set aside at the|||direction ofthe trustees|||||for|||||| |specific purposes. They would otherwise
form part of|unrestricted|funds. Specific designated
funds representing|||||fixed|assets appear|||in the||||||| |accounts and these are not readily available
for other|purposes.||||||||||||||||| |Expenditure|||||||||||||||||| |Expenditure
is included
on an accruals basis, but grants are charged
in the accounts when||||paid|to the recipient.||||||||||||| |Reserves Policy|||||||||||||||||| |A Special Reserve fund is in place to make provision|for unforeseen||future circumstances.|The reserve is based on 6||||months of|Ministedial|||||costs|||| |and 3 months ofother expenditure.|||||||||||||||||| |Pension Costs|||||||||||||||||| |The church pays contributions
to the Baptist Pension|Scheme.|The scheme is a multi-employer|||scheme and|it|is not possible to identify the||||||||assets||| |and liabilities ofthe scheme which are attributable
to|the church.|The scheme is therefore||accounted
for as a defined||||contribution||scheme.|||||||| |Cash at bank and in hand|||||||||||||||||| |Cash at bank and in hand includes cash and short term highly
liquid investments
with a short maturity
ofthree||||||months||or less from the||||date|||of||| |opening ofthe deposit.|||||||||||||||||| |Creditors and provisions|||||||||||||||||| |Creditors and provisions are recognised
where the charity has a present obligation
arising||||from|a past event that will probably
result||||||in|the transfer of|||||| |funds to a third party and the amount due to settle the obligation||can be measured
or estimated|||reliably. Creditors and|||provisions||are|recognised|||||at|| |their settlement
amount.|||||||||||||||||| |Financial instruments|||||||||||||||||| |The charity only has financial assets and liabilities of|a kind that|qualify as basic financial
instruments.
Basic financial
instruments||||||||are initially|||||||| |recognised
at transaction
value and subsequently
measured
at||their settlement
value.|||||||||||||||| ## |nalysis ofincome|nalysis ofincome|and exp|and exp|enditure||||||| |---|---|---|---|---|---|---|---|---|---|---| |2 Donations
and||legacies||||||||| ||||||Unrestricted|Designated|Restricted||Total|Total| ||||||f|||||| |Bankers|Orders||||87,318||||87,318|80,320| |Cash &Cheques|||||15,509||||15,509|23,582| |Refund of Income||Tax|||21,320||||21,320|24,642| |Minister's|Pastoral|Fund Income|||||1,500||1,500|| |Housing|Fund Income|||||||6|6|| |Furniture|& Equipment||Fund|Income|||2,600||2,600|6,000| |||||Total|124,147||4,106||128,253|134,544| |3 Income from charitable||||activities||||||| ||||||Unrestricted|Designated|Restricted||Total|Total| |||||||f||||| |Youth Groups|||||670||||670|285| |Events|||||2,084||||2,084|343| |Open Door &Busy Bees|||||2,775||||2,775|1,351| |Unstoppable
Families|||||10||||10|16| |Who Let|the Dads Out||||466||||466|84| |Men's Ministry|||||130||||130|84| |Printing|8 Photocopy||||230||||230|199| |||||Total|6,365||||6,365|2,362| |4 Other|trading|activities||||||||| ||||||Unrestricted|Designated|Restricted||Total|Total| ||||||6||R|||6| |Hire of Church Premises|||||51,933||||51,933|31,145| |Rent 5Walpole Crescent|||||4,800||||4,800|| |||||Total|56,733||||56,733|31,145| |5 Investments||||||||||| ||||||Unrestricted|Designated|Restricted||Total|Total| |Interest|Bank Accounts||||1,563||||1,563|176| |||||Total|1,563||||1,563|176| |6 Other|income|||||||||| ||||||Unrestricted|Designated|Restricted||Total|Total| ||||||f||||r.|| |Coronavirus
Job||Retention||Scheme||||||3,357| |||||Total||||||3,357| ## |7 Expend|iture
on|charitable|activities|-Preaching,
Tea|ching, Music|&Worship||| |---|---|---|---|---|---|---|---|---| |||||Unrestricted|Designated|Restricted|Total
2022|Total
2021| ||||||||r|f.| |Minister's|Salary|||32,175|||32,175|31,850| |Minister's|Employer|NIC||1,625|||1,625|921| |Minister's|Pension|||3,866|||3,866|3,813| |Minister's|Travel 8 Expenses|||||||| |Associate|Minister's|Salary||16,500|||16,500|24,500| |Associate|Minister's|ER NIC||549|||549|583| |Associate|Minister's|Pension||2,082|||2,082|3,078| |Associate|Minister's|T&E||95|||95|55| |Visual Aids||||||||91| |Conference
&Assembly Fees||||359|||359|| |Fees &Expenses to Speakers||||263|||263|| |Music, Worship
&Copyright||||786|||786|643| |Audio Visual &Sound||||32|||32|334| |Discipleship||||20|||20|31| |Training||||10|||10|100| ||||Total|58,362|||58,362|65,999| |8 Expenditure
on charitable|||activities|-Youth Ministry||||| |||||Unrestricted|Designated|Restricted|Total
2022|Total
2021| ||||||||6|f| |Youth Groups||||1,210|||1,210|652| ||||Total|1,210|||1,210|652| |||||Unrestricted|Designated|Restricted|Total
2022|Total
2021| |---|---|---|---|---|---|---|---|---| |Events||||1,991|||1,991|1,040| |Families
& Children||||175|||175|864| |Unstoppable|Families|||972|||972|270| |Open Door||||581|||581|267| |Busy Bees||||421|||421|277| |Who Let the Dads||Out||1,279|||1,279|248| |Men's
Ministry||||182|||182|| |Mission
&Outreach||Fund|||2,000||2,000|| ||||Total|5,601|2,000||7,601|2,966| ## ## |10 Expenditure|on charitable
activities|- Fellowship||||| |---|---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Total|Total
2021| |||||E|E|E| |Catering||1,427|||1,427|230| |Pastoral||263|||263|266| ||Total|1,690|||1,690|496| |11 Expenditure|on charitable activities|- Mission (Institutions)||||| |||Unrestricted|Designated|Restricted|Total|Total
2021| |||E|E|E|E|E| |BMSWorld Mission||9,309|||9,309|7,417| |Home Mission||9,309|||9,309|7,417| ||Total|18,618|||18,618|14,834| ||||||Unrestricted|Designated|Restricted|Total
2022|Total
2021| |---|---|---|---|---|---|---|---|---|---| |||||||||E|E| |Cleaner's
Salary|||||8,148|||8,148|8,065| |Cleaner's
Pension|||||815|||815|807| |Administrator's|Salary||||||||7,137| |Administrator's|Employer||NIC||||||212| |Administrator's|Pension||||||||714| |Council Tax|||||4,820|||4,820|5,612| |Housekeeping|&Safety||||620|||620|417| |Insurance|||||7,173|||7,173|7,047| |Building Repairs|||||||||6,873| |Contracts 8 Servicing|||||5,529|||5,529|4,817| |Premises|||||30,425|||30,425|12,875| |Rubbish
& Recycling|||||131|||131|131| |Electricity|||||4,821|||4,821|3,632| |Gas|||||5,713|||5,713|6,591| |Telephone
&|Broadband||||3,974|||3,974|3,800| |Water|||||1,198|||1,198|1,015| |Depreciation|||||6,636|||6,636|6,551| |Furniture
& Equipment||Fund|||||815|815|314| |||||Total|80,003||815|80,818|76,610| ## |Notes to the|fin|fin|ancial|ancial|ancial|ancial|stateme|stateme|nts
for the|nts
for the|year ended|year ended|31 Dece|mber 2022|| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |13 Expenditure|on||charitable||||activities||- Management||8 Administration||||| ||||||||||Unrestricted||Designated||Restricted|Total
2022|Total
2021| |||||||||||||||E|| |Accounting
& Payroll||||||||||722||||722|992| |Bank Charges||||||||||294||||294|359| |Computing
&Software||||||||||1,162||||1,162|893| |Printing
and Photocopy||||||||||1,264||||1,264|1,335| |Postage||||||||||36||||36|78| |Publicity||||||||||538||||538|212| |Stationery||||||||||642||||642|327| |Subscriptions||||||||||1,258||||1,258|1,029| ||||||||Total|||5,916||||5,916|5,225| |14 Governance|||||||||||||||| ||||||||||Unrestricted||Designated||Restricted|Total|Total| |||||||||||E|||||| |Independent
Examination|||||Fee|||||2,600||||2,600|2,220| |Legal Fees to set|up||CIO|||||||3,380||||3,380|1,638| ||||||||Total|||5,980||||5,980|3,858| |15 Other expenditure|||||||||||||||| ||||||||||Unrestricted||Designated||Restricted|Total|Total| |||||||||||F||||E|| |Premises
-Special||Projects Fund|||||||||||||142| |Baptist Pension Provision|||||||||||(18,776)|||(18,776)|(665)| |Legacy Expenditure||||||||||||175||175|| ||||||||Total||||(18,601)|||(18,601)|(523)| |16 Employee Costs|||||||||||||||| ||||||||||||2022||2021||| ||||||||||||E||E||| |Wages and Salaries|||||||||||56,823||71,552||| |Employer's
National||Insurance||||Contribution|||||2,174||1,716||| |Pension
Contribution|||||||||||6,831||8,479||| |Other costs (rent, council tax, water, phone, broadband)|||||||||||6,135||6,990||| |||||||||Totals|||71,963||88,737||| |Average
number of|persons||||employed|||by the charity||||3|3||| |There were no employees||||who|||received employee|||benefits|ofmore|than f60,000.|||| |The key management|||personnel||||received||employee|benefits|off56,797(2021:f64,745)|||during the year.|| ## ## |18 Tangible Fixed|Asse|ts|||| |---|---|---|---|---|---| ||||Freehold|Fixtures,|| ||||Land and|Fittings 8|Total| ||||Buildings|Equipment|| ||||E|R|R| |Cost or Deemed Cost|||||| |At beginning
ofyear|||7,337,733|160,307|7,498,040| |Additions||||2,939|2,939| |Disposals|||||| |At end ofyear|||7,337,733|163,246|7,500,979| |Depreciation|||||| |At beginning
ofyear||||154,200|154,200| |Released on disposal|||||| |Depreciation||||6,635|6,635| |At end ofyear||||160,835|160,835| |Net Book Value|||||| |At beginning
ofyear|||7,337,733|6,107|7,343,840| |At end ofyear|||7,337,733|2,411|7,340,144| |19 Debtors|||||| ||||2022|2021|| |||||R|| |Hire ofPremises|||1,983|1,937|| |Gift Aid Repayment|||4,687|3,834|| |Gas VAT overpayment||||743|| |Prepayments|||5,926|3,070|| |||Totals|12,596|9,584|| |20 Cash at bank|and in|hand|||| ||||2022|2021|| ||||E||| |Barclays Current Account|||10,387|62,779|| |CAF Cash Account|||50,063||| |CAF Gold Account|||20,027||| |Baptist Union Corporation||Account|9,409|9,265|| |Barclays Housing|Fund Account|||5,811|| |Petty Cash Account|||57|479|| |London Baptist Property||Board|105,277|103,900|| |||Totals|195,220|182,234|| |21 Creditors: Amounts||falling due in one year|||| ||||2022|2021|| |||||E|| |Accruals|||5,294|5,277|| |Deferred Income|||2,625|160|| |||Totals|7,919|5,437|| ## ## |Previous year 2021|Previous year 2021|||||||Opening|Income|Expenditure|Transfers|Closing| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||E|E|E| |General fund||||||||71,603|165,500|163,453|(4,593)|69,057| ||||||Total Unrestricted|||71,603|165,500|163,453|(4,593)|69,057| |Buildings||||||||7,337,733||||7,337,733| |Legacy||||||||9,030||||9,030| |Mission and Outreach||Fund||||||7,527||||7,527| |Special Reserve Fund||||||||65,000||||65,000| |Building Repairs||||||||6,873||6,873||| |Pension Reserve||||||||(26,758)||(665)|4,593|(21,500)| |Additional
Workers|Fund|||||||25,000||||25,000| |Special Projects Fund||||||||142||142||| |||||||Total Designated||7,424,547||6,350|4,593|7,422,790| |Family and Youth|Work||Fund|||||881||||881| |Furniture
& Equipment|||Fund|||||2,746|6,000|314||8,432| |Housing - Housing|Fund|||||||5,811||||5,811| |Minister's
Pastoral|Fund|||||||1,750||||1,750| |||||||Total Restricted||11,188|6,000|314||16,874| |||||||Grand Total||7,507,338|171,500|170,117||7,508,721| |23 Commitments|under|||operating||leases||||||| |The total future
minimum||||payments|under non-cancellable|||operating
leases are as follows:||||| |||||||||2022|2021|||| |Within
1 year||||||||573|763|||| |2-5 years|||||||||573|||| |||||||||573|1,336|||| |Operating
lease payments||||recognised||as an expense|this|year were F763|(2021:2763).|||| |24 Charity Merger||||||||||||| |The principal
components||||ofthe SOFA split between|||the|two chadities are|shown below:|||| |||||||||TBC||TBC||Combined| ||||||||(Unincorporated)
01.01.22-|||C.I.O.
01.10.22-||Total
01.01.22-| |||||||||30.09.22||31.12.22||31.12.22| |Total Income||||||||135,831||57,083||192,914| |Total Expenditure||||||||121,490||40,104||161,594| |Net Income/(expenditure)||||and||||||||| |Net movement
in|funds|||||||14,341||16,979||31,320| |Net assets as at 30September 2022||||||||||||| |||||||||TBC||TBC||Combined| ||||||||(Unincorporated)|||C.I.O.||Total| |Net assets||||||||7,523,062||||7,523,062| |Represented
by:||||||||||||| |Unrestricted
funds||||||||7,504,592||||7,504,592| |Restricted funds||||||||18,470||||18,470| |Total funds||||||||7,523,062||||7,523,062| ##