2021-12-31-accounts

				Page
Reference and Administrative Details ofthe Charity,			its Trustees and Advisers
Trustees' Report				2-5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements				9-29
The following pages do not form part ofthe statutory		financial statements;
Detailed income and expenditure	account and summaries			30-32

REFERENCE AND	REFERENCE AND	ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS	ADMINISTRATIVE DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS
		FOR THE YEAR ENDED 31DECEMBER 2021
Trustees		Dr Kenjiro Hori, Church Treasurer
		Christine Thomason,		Church	Secretary
		Rev'd Dr Stephen	Langford,		Interim Minister (appointed	1 January 2021)
		Jack Boyne, Deacon
		John Brock, Deacon		(resigned 18May 2021)
		Sharon Chaldecott,		Deacon	(resigned 18May 2021)
		Geoff Warren, Deacon (resigned 18May 2021)
Charity registered
number		205094 8 223171
Principal office		StAndrew's Street	Baptist Church
		St Andrew's Street
		Cambridge
		Cambridgeshire
		CB2 3AR
Independent	examiner	Whitings LLP
		Greenwood House
		Greenwood Court
		Skyliner Way
		Bury St Edmunds
		Suffolk
		IP32 7GY
Bankers		Lloyds Bank pic
		3Sidney Street
		Cambridge
		CB2 3HQ
Solicitors		Nockolds
		Market Square
		Bishop's Storfford
		Hertfordshire
		CM23 3UZ

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2021 E	2021 E	2021 E	2020f
Income from:
Donations and legacies			66,434	4,261	70,695	89,098
Investments			134,439		134,439	145,872
Other income			86		86	9,538
Total income			200,959	4,261	205,220	244,508
Expenditure on:
Charitable activities		6	211,847	12,735	224,582	245,230
Total expenditure			211,847	12,735	224,582	245,230
Net expenditure before net
gains/(losses) on	investments		(10,888)	(8,474)	(19,362)	(722)
Net gains/(losses)	on investments		96,500	240,000	336,500	(10,328)
Net income/(expenditure)			85,612	231,526	317,138	(11,050)
Transfers between	funds	18	(8,679)	8,679
Net movement in	funds		76,933	240,205	317,138	(11,050)
Reconciliation of	funds:
Total funds brought	forward		3,546,095	2,742,328	6,288,423	6,299,473
Net movement in funds			76,933	240,205	317,138	(11,050)
Total funds carried forward			3,623,028	2,982,533	6,605,561	6,288,423

				Note	2021 6	2021f	2020 5	2020
Fixed assets
Tangible assets				10		4,542,537		4,533,136
Investment property				11		1,272,857		960,000
Investments				12		105		105
						5,815,499		5,493,241
Current assets
Debtorsi amounts	falling due after more than
one year				13	7,500		10,000
Debtors: amounts	falling due within one year			13	14,995		22,319
Investments				14	154,458		130,815
Cash at bank and	in hand				649,421		671,571
					826,374		834,705
Creditors: amounts	falling	due within one
year				15	(13,612)		(10,878)
Net current assets						812,762		823,827
Total assets less	current	liabilities				6,628,261		6,317,068
Defined benefit pension scheme			liability	21		(22,700)		(28,545)
Total net assets						6,605,561		6,288,423
Charity funds
Restricted funds				18		2,982,533		2 742328
Unrestricted funds				18		3,623,028		3,545,095
Total funds						6,605,561		5,288,423

Income from	donations and legaci	es
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
		E	E	E	E
Donations		57,119	505	57,624	59,736
Tax reclaimed	on Gift Aid	9,315		9,315	10,019
Grants			3,756	3,756	19,343
Total 2021		66,434	4,261	70,695	89,098
Total 2020		69,005	20,093	89,098

Investment income
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2021	2021	2021	2020
	E	E	E	E
Rental income	130,895		130,895	143,178
Interest	3,544		3,544	2,694
Total 2021	134,439		134,439	145,872
Total 2020	145,872		145,872

Other income
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021	2021f	2021 E	2020f
Sizewell		(459)		(459)	(1,150)
Friday Focus					289
Government	grants receivable	545		545	10,399
Total 2021		86		86	9,538
Total 2020		9,538		9,538

Charitable expenditure
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2021	2021	2021	2020
	F	E	6	5
Staff costs	61,450		61,450	64,394
Premises costs	93,711		93,711	51,822
Missions and giving	25,120	12,735	37,855	59,996
Services and activities	11,460		11,460	17,915
Total 2021	191,741	12,735	204,476	194,127
Total 2020	155,272	38,855	194,127

Governance	and support costs
		Governance	Support	Total	Total
		Costs	Costs	funds	funds
		2021 E	2021 E	2021 E	2020f
Professional	fees		1,745	1,745	19,960
Accountancy	fees		5,769	5,769	5,260
Independent	exam
Current year		5,450		5,450	5,100
Prior year under provision					60
Wages and	salaries	1,234	5,908	7,142	19,723
Total 2021		6,684	13,422	20,106	51,103
Total 2020		26,328	24,775	51,103
Total expenditure

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
			E	6	E	E
Charitable	expenditure		191,741	12,735	204,476	194,127
Governance		and support costs	20,106		20,106	51,103
Total 2021			211,847	12,735	224,582	245,230
Total 2020			206,375	38,855	245,230

				2021	2020
					6
Depreciation	oftangible		fixed assets	3,293	1,047
Independent	examiners		remuneration
Current year				5,450	5,100
Prior year	under	provision			60

Staff costs
						2021	2020
						6	6
Wages and	salaries					62,020	86,428
Social security costs						5,005	6,850
Employer's	contribution	to defined contribution		pension schemes		7,512	7,050
Defined benefit pension		deficit provision	movement		- note 21	(5,945)	(16,210)
						68,592	84,118

2021	2020
No.	No.

	Land &	Office	Heritage
	Buildings	equipment	property	Total
	E	E	E	E
Cost or valuation
At 1 January 2021	1,062,036	101,384	3,469,036	4,632,456
Additions		12,694		12,694
At 31 December 2021	1,062,036	114,078	3,469,036	4,645,150
Depreciation
At 1 January 2021		99,320		99,320
Charge for the year		3,293		3,293
At 31 December 2021		102,613		102,613
Net book value
At 31 December 2021	1,062,036	11,465	3,469,036	4,542,537
At 31December 2020	1,062036	2,064	3,469,036	4,533,136

		2021	2020
			E
Purchase	price	992,036	992,036
Probate	value	70,000	70,000
		1,062,036	1,062,036

	Freehold
	investment
	property
	6
Valuation
At 1 January 2021	960,000
Surplus on revaluation	312,857
At 31 December 2021	1,272,857

	Other fixed
	asset
	investments
	6
Cost or valuation
At 1 January 2021	105
At 31 December 2021	105
Net book value
At 31 December 2021	105
At 31December 2020	105

Other debtors	consist ofa loan provided to a Church with a	perpetual term and an interest rate	of nil.
		2021f	2020f
Due within one year
Trade debtors		6,785	5,886
Other debtors		1,500	1,500
Prepayments	and accrued income	6,710	13,933
		14,995	22,319

2021 6	2020f
154,458	130,815

		2021f	2020f
Other creditors		2,325	2,225
Accruals and deferred	income	11,287	8,653
		13,612	10,878

Provisions
		2021 5	2020f
Defined benefit pension scheme deficit funding	obligation:
Brought forward		28,645	44,856
Released to income and expenditure		(5„945)	(16,211)
Carried forward		22,700	28,645

										2021		2020
										F
Financial	assets
Financial	assets	measured	at	fair	value	through	income	and	expenditure	1,427,315	f,	090,815

							Balance at
		Balance at 1					31
		January			Transfers	Gains/	December
		2021 F	Income E	Expenditure E	in/out 5	(Losses) 6	2021f
Designated
funds
Property	repairs	93,976	31„817				125,793
General	funds
General	Funds-
all funds		3,394,783	169,142	(211,847)	(8,679)	23,643	3,367,042
Revaluation
reserve		57,336				72,857	130,193
Total
Unrestricted		3,546,095	200,959	(211,847)	(8,679)	96,500	3,623,028
Restricted
funds
Nutter		31,072					31,072
Parsons		1,564					1,564
Manse		1,294,162					1,294,162
Building		1,301,910				240,000	1,541,910
Church	building
development		11,377					11,377
Other restricted
funds		2,024	505	(300)			2,229
Castle End		93,336					93,336
Janet Andrews		6,883					6,883
It Takes	A City		3,756	(12,435)	8,679
		2,742,328	4,261	(12,735)	8,679	240,000	2,982,533
Total offunds		6,288,423	205,220	(224,582)		336,500	6,605,561

Stateme	nt offund	s - prior year
							Balance at
		Balance at					31
		1January			Transfers	Gainer	December
		2020	Income f	Expenditure 6	in/outf	(Losses)f	2020
Designated
funds
Property	repairs	93,976					93,976
General	funds
General	Funds	3,395,243	224,415	(206,375)	(8,172)	(10,328)	3,394,783
Revaluation
reserve		57,336					57,336
Total
Unrestricted		3,546,555	224,415	(206,375)	(8,172)	(10,328)	3,546,095
Restricted
funds
Nutter		31,602		(530)			31,072
Parsons		1,564					1,564
Manse		1,294,162					1,294,162
Building		1,311,970		(10,060)			1,301,910
Church	building
development		11,377					11,377
Castle End		93,336					93,336
Janet Andrews		6,883					6,883
ItTakes	A City		19,343	(27,515)	8,172
Other restricted
funds		2,024	750	(750)			2, 024
Total restricted
funds		2,752918	20,093	(38,855)	8,172		2,742,328
Total offunds		6,299,473	244,508	(245,230)		(10,328)	6,288,423

Summary	offun	ds - current year
							Balance at
		Balance at 1					31
		January			Transfers	Gains/	December
		2021	Income	Expenditure	in/out	(Losses)	2021
		6	6	6	6		6
Designated
funds		93,976	31,817				125,793
General funds		3,452,119	169,142	(211,847)	(8,679)	96,500	3,497,235
Restricted	funds	2,742,328	4,261	(12,735)	8,679	240,000	2,982,533
		6,288,423	205,220	(224,582)		336,500	6,605,661
Summary	offunds - prior year
							Balance at
		Balance at					31
		1January			Transfers	Gains/	December
		2020	Income 5	Expenditure E	in/outf	(Losses)f	2020 E
Designated
funds		93,976					93,976
General funds		3,452,579	224,415	(206,375)	(8,172)	(10,328)	3,452,119
Restricted	funds	2,752,918	20,093	(38,855)	8,172		2 742,328
		6,299,473	244,508	(245,230)		(10,328)	5,288,423

Analysis	of net assets	between funds - current year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2021	2021	2021
			6	6	6
Tangible fixed assets			2,913,239	1,629,298	4,542,537
Fixed asset investments				105	105
Investment	property		282,857	990,000	1,272,857
Debtors due after more		than one year	7,500		7,500
Current assets			455,744	363,130	818,874
Creditors	due within one year		(13,612)		(13,612)
Provisions	for liabilities	and charges	(22,700)		(22,700)
Total			3,623,028	2,982,533	6,605,561
Analysis	of net assets	between funds - prior year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2020	2020f	2020 6
Tangible fixed assets			2,914,800	1,618,336	4,533,136
Fixed asset investments				105	105
Investment	property		210,000	750,000	960,000
Debtors due after more		than one year	10,000		10,000
Current assets			450,818	373,887	824,705
Creditors	due within one year		(10,878)		(10,878)
Provisions	for liabilities	and charges	(28,645)		(28,645)
Total			3,546,095	2,742,328	6,288,423

					2021		2020
INCOME
Donations				57,624		59,736
Tax reclaimed on	Gift Aid			9,3'I 5		10,019
Grants				3,756		19,343
Rental income				130,895		143,178
Bank interest				3,544		2,694
Other income				86		9,538
TOTAL INCOME					205,220		244,508
LESS:EXPENDITURE
Staff costs				68,592		84,118
Premises costs				93,711		51,820
Missions and giving				37,855		59,998
Services and activities				24,424		49,296
TOTAL EXPENDITURE					224,582		245,230
Net gains/(losses)	on listed investments				23,643		(10,328)
Net gains on investment		property	revaluation		312,857
NET INCOME/ (EXPENDITURE)			FOR THE
YEAR							11 5

Staff Costs
			2021	2020
			2
Senior Minister			28,500	18,441
Associate Minister				19,787
Ministerial Assistant				4,940
Musical Director			3,672	3,588
Caretaker			2,205	14,888
Centre Manager			24,684	24,180
Assistant Administrator			2,132
Part Time			827	605
Employer's National	Insurance		5,005	6,850
Pension Costs			7,512	7,050
Reduction in defined		benefit liability	(5,945)	(16,21 1)
Apportioned as follows:
			2021	2020
			2
Charitable expenditure			61,450	64,395
Governance and support costs			7,142	19,723
Total
Premises Costs
			2021	2020
			2
Repairs, maintenance		8 refurbishment	45,823	11,270
Light, heat &water			18,633	17,964
Insurances			13,817	13,690
Telephone &internet			1,314	1,520
Council tax			4,150	4,S17
Cleaning			7,144	1,763
Health & safety			2,390	556
Organ &piano tuning,		repairs &replacement	440	440

						2021 8	2020f
Catering, entertainment			&volunteers'	expenses		1,803	190
Printing, stationery		&office				902	930
Pulpit expenses	&flowers					554	60
Computing, subscriptions			& licences			3,895	4,545
Depreciation						3,292	1,047
Professional fees						1,745	19,960
Accounting fees						5,769	6,260
Audit/independent		exam	—current year			5,450	5,100
Audit/independent Bank charges		exam	—prior year	under	provision	352	60 314
Junior church							4
Events, training	&books					49
Ministers' expenses						403	6,792
Audio visual						210	143
Pastoral care &	Outreach						405
Ministerialtraining							3,080
Loss on disposal	of assets					~~24.	406 ~42

			2021	2020
Charitable	expenditure		11,460	17,550
Governance		and support costs	12,964 ~u24.	31,746 ~42