Charity Registered Number: 518191
Milton Free Baptist Church Report and Accounts For the year ended 31 March 2021
Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Contents
| Trustees Report | Pages 3 to 6 |
|---|---|
| Statement of trustees’ responsibilities | Page 7 |
| Independent examiner’s report | Page 8 |
| Statement of receipts and payments for the year | Page 9 |
| Statement of assets and liabilities | Page 10 |
| Notes to the accounts | Pages 11 to 13 |
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Name, registered office and constitution of the charity
The full name of the charity Milton Free Baptist Church (also known as Milton Baptist Church) Charity registered number 518191 Charity address Meadow Street Milton Stoke-on-Trent ST2 7BP
Objectives and activities of the charity
A summary of the objects of the charity as set out in its governing document
The aims of the Milton Free Baptist Church
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The furtherance and preaching of the Gospel through evangelistic activities.
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The advancement of the Christian Faith through teaching the Bible and its doctrines.
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Holding regular services and other meetings and events for the community.
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Outreach to the whole community including children and young people.
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Conducting a visiting ministry in care homes.
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Supporting missionaries and missionary activity.
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Other such activities as the trustees shall decide to further the objects of Milton Free Baptist Church.
Public benefit that is provided by the charity
The trustees have regard to the Charity Commission guidance on Public Benefit and plan their activities to ensure that they comply with the guidance. Details of how this is achieved are given in the “Summary of the charity’s main activities in relation to its objects”.
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Summary of the charity’s main activities in relation to its objects
Following government guidelines regarding the COVID-19 pandemic the church shut down all its activities apart from worship services which were conducted online when required, and in person when permitted. During times of closure the church continued to engage with its membership and those connected to it to ensure everyone was safe and well. Church services were conducted with health and safety in mind, and all worshippers were furnished with face coverings and sanitiser.
The church subscribed to the NHS Track and Trace system, and also kept our own record of attendees. Every service was subject to social distancing and every effort was made to mitigate against risk of Covid and to ensure those in attendance were safe.
The church continued with limited evangelistic activities and continued its support of missionaries and missionary organisations throughout the year. The pastor was fully supported by the church and continues in office.
Our premises were used, free of charge, by local police community support officers throughout the year to enjoy tea breaks and lunch periods. Local PC's and PCSO's were grateful for the opportunity to rest in comfortable surroundings and have use of the church’s kitchen facilities.
Owing to the government’s restrictions there were no children’s activities held in person this year. However, the church continued to connect with children and young people, with parental permission, through social media outlets
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Structure, governance and management
Nature of “Governing Document” and constitution of the charity
Milton Free Baptist Church is registered with the Charity Commission. The governing document is the Trust Deed dated 11 June 1986. The trustees meet on a formal basis as often as they deem necessary to fulfil their obligations and ensure the smooth running of Milton Free Baptist Church.
The methods adopted for the recruitment and appointment of new trustees
The power of appointment and removal of trustees is vested in the members of the Church in accordance with the provisions of the trust deed. All Trustees must be members of the Church and must adhere to the "Basis of Faith".
Financial review
Availability and adequacy of assets of each of the funds
The trustees are satisfied that the charity’s assets in each fund are available and adequate to fulfil the obligations in respect of each fund.
Reserves
It is of paramount importance to the charity that it has the ability to meet its expenses, and accomplish long term expansion and growth to reach its goals.
The policy of the trustees is to maintain the Church's general reserve to a level which would enable its continued operation and support of a pastor for an initial period in the absence of funds.
The trustees monitor and review the appropriateness of reserves to enable the activities of the charity to continue.
Transactions and financial position
The financial statements are set out on pages 9 to 13 . The financial statements have been prepared on a receipts and payments basis, as set out in The Charities (Accounts and Reports) Regulations 2008. As stated in the introduction to this report, the trustees consider the financial performance by the charity during the year to have been satisfactory.
The Statement of Financial Activities show net incoming resources for the year of a revenue nature of £1,967 (prior year net outgoing resources of £3,540).
The total reserves at the end of the year stand at £10,448 (prior year £8,481). Free unrestricted liquid reserves amounted to £9,471 (prior year £8,481).
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Trustees Report
The trustees of the charity during the year were:
W Campbell J B Ecclestone D Moore M Humphries
The trustees are all members of the charity.
The trustees of the charity at the date the report and accounts were approved were:
W Campbell J B Ecclestone D Moore M Humphries
Bankers
Barclays Bank plc
Independent examiner
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Trustees Report
Statement of trustees’ responsibilities
The Charities Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:-
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 21 June 2021
D Moore Trustee
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Independent Examiner's Report to the trustees of the charity
Report of the Independent Examiner to the trustees on the accounts of the Charity for the year ended 31 March 2021. (Rev October 2018)
Responsibilities and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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accounting records were not kept in accordance with section 130 of the Act or
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the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
The Examiner's relevant professional qualification or body:
Chartered Management Accountant
Paul W J Evans FMAAT ACMA CGMA AP Accountancy Ltd Chartered Management Accountants 34 Birch Valley Road Kidsgrove Stoke-on-Trent, ST7 4GN
The date on which my opinion is expressed is 21 June 2021
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Statement of receipts and payments for the year
| Receipts Offerings and Gifts Investment Income Total Revenue Receipts Capital Receipts Total Receipts from all sources Payments Direct Charitable Expenditure Payments relating directly to charitable activities Grants and donations Premises Costs Administration Governance Total Revenue Payments Capital payments Total Payments Net receipts / (payments) in year Net Surplus / (net deficit) for year |
2021 Unrestricted Funds £ 48,674 0 |
2021 2021 2020 Restricted Total Total Funds Funds Funds £ £ £ 12,214 60,888 82,439 0 0 15 |
|
|---|---|---|---|
| 48,674 | 12,214 60,888 82,454 |
||
| 0 | 0 0 0 |
||
| 48,674 | 12,214 60,888 82,454 |
||
| 32,466 3,595 5,128 5,449 1,046 |
0 32,466 30,975 11,237 14,832 11,342 0 5,128 7,141 0 5,449 10,623 0 1,046 989 |
||
| 47,684 | 11,237 58,921 61,070 |
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| 0 | 0 0 24,924 |
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| 47,684 | 11,237 58,921 85,994 |
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| 990 | 977 1,967 (3,540) |
||
| 990 | 977 1,967 (3,540) |
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Statement of assets and liabilities
| Cash funds Cash funds and bank balances at start of year Surplus / (deficit) on receipts and payments account (excluding capital payments Mortgage capital repayments during year Cash funds before transfers Transfers between funds Cash and bank balances at end of year Other Assets Description of asset Church Premises Gift Aid Recoverable Total value of other assets Liabilities Description of Liabilities Examiners Fee Total value of liabilities Total Assets less Liabilities |
2021 Unrestricted Funds £ 8,481 990 0 |
2021 Unrestricted Funds £ 8,481 990 0 |
2021 Restricted Funds £ 0 977 0 |
2021 Restricted Funds £ 0 977 0 |
2021 2020 Total Total Funds Funds £ £ 8,481 12,021 1,967 21,384 0 (24,924) |
|
|---|---|---|---|---|---|---|
| 9,471 0 |
977 10,448 8,481 0 0 0 |
|||||
| 9,471 | 977 10,448 8,481 |
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| 260,000 8,635 |
0 260,000 260,000 0 8,635 6,865 |
|||||
| 268,635 | 0 268,635 266,865 |
|||||
| 400 | 0 400 400 |
|||||
| 400 | 0 400 400 |
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| 277,706 | 977 278,683 274,946 |
M Humphries ,
Trustee
Approved by the board of trustees on 21 June 2021
Page | 10
Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
1. Basis of accounting
Receipts and payments accounts are statements that summarise the movement of cash into and out of the charity during the financial year. In this context “cash” includes cash equivalents, for example bank accounts where cash can be readily withdrawn to pay for debts as they become due.
A Receipts and Payments basis does not account for debtors, creditors, accruals and prepayments, but such a presentation is permitted by law for smaller charities.
2. The nature and purpose of each fund
Restricted funds comprise monies received for specific purposes, as laid down by the donor. Appropriate expenditure is allocated against such funds.
Unrestricted funds are those funds which are available for the general purposes of the charity.
3. Trustee remuneration
No Trustee receives remuneration for their services as a trustee of the charity.
All Trustees are reimbursed where appropriate for expenditure incurred on behalf of the Charity. These expenses are included in the receipts and payments accounts in the appropriate category.
4. Salaries and wages
| Gross salaries and employers National Insurance Pension costs Average number of full time employees in year |
2021 28,730 852 29,582 1.0 |
2020 27,357 830 |
|---|---|---|
| 28,187 | ||
| 1.0 |
The above amounts are included in the receipts and payments accounts in the "payments relating directly to charitable activities".
5. Taxation
The charity is not liable to tax on its charitable income.
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
6. Analysis of receipts and payments for the year
| Receipts Donations Gift Aid recovered Total Donations Received Investment Income Total Receipts Payments Payments relating directly to charitable activities Gross wages and salaries - charitable activities Resource Costs Outreach Expenses Advertising Travel, Subsistence & Hospitality Training and conferences Premises Costs Mortgage Interest Insurance Utilities / Rates Cleaning Rent Maintenance General administrative expenses Stationery and Printing Telephone and Fax Subscriptions Equipment expensed Grants paid Grants paid to individuals Grants paid to institutions Governance costs Examiners Fees Other Professional Fees |
2021 Unrestricted Funds 40,721 7,953 |
2021 2021 2020 Restricted Total Total Funds Funds Funds 12,214 52,935 71,084 0 7,953 11,355 |
|
|---|---|---|---|
| 48,674 0 |
12,214 60,888 82,439 0 0 0 |
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| 48,674 | 12,214 60,888 82,439 |
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| 29,582 170 193 667 1,854 0 |
0 29,582 28,187 0 170 269 0 193 677 0 667 130 0 1,854 1,276 0 0 436 |
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| 32,466 | 0 32,466 30,975 |
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| 0 781 2,782 507 360 698 |
0 0 1,022 0 781 796 0 2,782 3,501 0 507 1,100 0 360 300 0 698 422 |
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| 5,128 | 0 5,128 7,141 |
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| 1,180 430 341 3,498 |
0 1,180 1,989 0 430 244 0 341 379 0 3,498 8,011 |
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| 5,449 | 0 5,449 10,623 |
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| 3,095 500 |
4,875 7,970 7,750 6,362 6,862 3,592 |
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| 3,595 | 11,237 14,832 11,342 |
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| 400 646 |
0 400 360 0 646 629 |
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| 1,046 | 0 1,046 989 |
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Milton Free Baptist Church Report and Accounts for the year ended 31 March 2021
Notes to the accounts
7. Analysis of funds at 31 March 2021
| Restricted Funds General Fund Total Funds |
Balance at 1 Apr 2020 £ |
Balance at 1 Apr 2020 £ |
Receipts £ |
Payments £ |
Transfer between Funds £ |
Transfer between Funds £ |
Balance at 31 Mar 2021 £ |
Balance at 31 Mar 2021 £ |
|
|---|---|---|---|---|---|---|---|---|---|
| at | |||||||||
| 0 | 12,214 | (11,237) | 0 | 977 | |||||
| 8,481 | 48,674 | (47,684) | 0 | 9,471 | |||||
| 8,481 | 60,888 | (58,921) | 0 | 10,448 |
8. Analysis of Grants for the year
| Grants to Institutions Armenian Ministry Barnabas Fund Calvary Baptist Church Sermon Audio Community Ambassadors Faith in Action Missions Association of Independent Ministries Lifegate Baptist Church New Tribes Mission Total Grants to Institutions Grants to Individuals Total Grants in Year |
2021 Unrestricted Funds £ 500 |
2021 Unrestricted Funds £ 500 |
2021 Restricted Funds £ 2,337 575 975 1,500 975 |
2021 Restricted Funds £ 2,337 575 975 1,500 975 |
2021 Total Funds £ 2,337 575 500 0 975 0 0 1,500 975 |
2020 Total Funds £ 925 567 0 400 650 100 300 0 650 |
|
|---|---|---|---|---|---|---|---|
| 500 | 6,362 | 6,862 |
3,592 | ||||
| 3,095 | 4,875 | 7,970 |
7,750 | ||||
| 3,595 | 11,237 14,832 11,342 |
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