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





|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE<br>DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|ADMINISTRATIVE<br>DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|ADMINISTRATIVE<br>DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|ADMINISTRATIVE<br>DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS|ADMINISTRATIVE<br>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<br>Minister (appointed|1 January 2021)|
|||Jack Boyne, Deacon|||||
|||John Brock, Deacon||(resigned 18May 2021)|||
|||Sharon Chaldecott,||Deacon|(resigned 18May 2021)||
|||Geoff Warren,<br>Deacon (resigned 18May 2021)|||||
|Charity registered|||||||
|number||205094 8 223171|||||
|Principal office||StAndrew's<br>Street|Baptist Church||||
|||St Andrew's<br>Street|||||
|||Cambridge|||||
|||Cambridgeshire|||||
|||CB2 3AR|||||
|Independent|examiner|Whitings<br>LLP|||||
|||Greenwood<br>House|||||
|||Greenwood<br>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|||||





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2021<br>E|2021<br>E|2021<br>E|2020f|
|Income from:|||||||
|Donations<br>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<br>on:|||||||
|Charitable<br>activities||6|211,847|12,735|224,582|245,230|
|Total expenditure|||211,847|12,735|224,582|245,230|
|Net expenditure<br>before net|||||||
|gains/(losses)<br>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<br>between|funds|18|(8,679)|8,679|||
|Net movement<br>in|funds||76,933|240,205|317,138|(11,050)|
|Reconciliation<br>of|funds:||||||
|Total funds brought|forward||3,546,095|2,742,328|6,288,423|6,299,473|
|Net movement<br>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<br>6|2021f|2020<br>5|2020|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Tangible assets||||10||4,542,537||4,533,136|
|Investment<br>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<br>funds||||18||3,623,028||3,545,095|
|Total funds||||||6,605,561||5,288,423|





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|Income from|donations<br>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<br>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||





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|Other income||||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2021|2021f|2021<br>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<br>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||





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|Governance|and support costs|||||
|---|---|---|---|---|---|
|||Governance|Support|Total|Total|
|||Costs|Costs|funds|funds|
|||2021<br>E|2021<br>E|2021<br>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.|



## 



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||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|





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||Freehold|
|---|---|
||investment|
||property|
||6|
|Valuation||
|At 1 January 2021|960,000|
|Surplus<br>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|





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|Other debtors|consist ofa loan provided<br>to a Church<br>with a|perpetual<br>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<br>6|2020f|
|---|---|
|154,458|130,815|



## 

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





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|Provisions||||
|---|---|---|---|
|||2021<br>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<br>F|Income<br>E|Expenditure<br>E|in/out<br>5|(Losses)<br>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<br>f|Expenditure<br>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|





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|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<br>5|Expenditure<br>E|in/outf|(Losses)f|2020<br>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<br>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|





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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|INCOME||||||||
|Donations||||57,624||59,736||
|Tax reclaimed<br>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<br>Minister||||19,787|
|Ministerial<br>Assistant||||4,940|
|Musical Director|||3,672|3,588|
|Caretaker|||2,205|14,888|
|Centre Manager|||24,684|24,180|
|Assistant<br>Administrator|||2,132||
|Part Time|||827|605|
|Employer's<br>National|Insurance||5,005|6,850|
|Pension Costs|||7,512|7,050|
|Reduction<br>in defined||benefit liability|(5,945)|(16,21 1)|
|Apportioned<br>as follows:|||||
||||2021|2020|
||||2||
|Charitable<br>expenditure|||61,450|64,395|
|Governance<br>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<br>&internet|||1,314|1,520|
|Council tax|||4,150|4,S17|
|Cleaning|||7,144|1,763|
|Health<br>& safety|||2,390|556|
|Organ<br>&piano tuning,||repairs &replacement|440|440|





## 

## 

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



## 

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