Scottish Charity No. SC003231 Denny Baptist Church Trustecs, Report and Financial Statements Year ended 28 February 2022 l+P Innes & Partners Chartered Certified Accountant5
Denny Baptist Church Colltents of the Financial Statement5for the year ended 28 Februaiy 2022 Page Report of the Trustees Report of the Independent Examiner Receipts and Payments Account Ststement of Balances Notes to the Financial Statements
Denny Baptist Church R¢port of the Trusteesfor ihe year ended 28 February 2022 The Trusiees are pleased to preseni their report iogether with the financial statemenls of the church for the year ended 28 Febryary 2022. Status of charity and governing document Denny Baptist Church is established by Constitution and aifiliated to the Baptist Union of Scotland. It is registered with OSCR as a Charity. The Scottish Charity Number is SC003231. This charity is in the process of being wound up and will transfer all its assets and liabilities lo Denny Baptist Church SCIO (SC051412). Office bearers and trustees The church is congregational in policy and its day lo day running is undertaken by the Deacons who. as office bearers in tem)s of its constitution and for the purpose of charity law. are its trustees. New trustees are nominated for appointment to this otTice under the ternis of the church's constitution. There is no fixed terni for Trnsteeship. Prior to their appointment, new Irust¢¢s would be active membe of ihe church who would have served the church for somc time in various roles and be familiar with th¢ church's values, its aims and objectivcs as wcll as its day to day operation). Trustees within the year were as follows: (Treasurer) These indii'idiittls hnld title to propety and land owned by the church along with: Genep'al Dii'ecloi., Boplisi Union ofscoiland) Corn7enor. Bamisi Union ofscoiland) Charltsble objectives The charitable objectives of the church are the advaneement of the Christian faith primarily in Denny and the surrounding area and also throughout Scotland and the rest of the world by all means consistent with th¢ teachings of the Christian Bible including worshtp, ministry, MiSsn, prayer, witness, education, Community servi¢e and the support of agencies and individuals and other charitable organisations involved in Christian missionary work and the relief of povety or other social needs. Achievem¢nts and p¢rforn8nce TIIL LliiirLII LILEivitlLS in the past year were significantly impacted by the Covid pandemic. as aptK)inted in Fcbruary 2021 as Interim Minister on a part-time basis and served in this role until September 2021. He coniinued to serve as a voluntary interim Moderator for ihe rest of the financial year. The church services continued mostly online during the Covid pandemic. In April 5ervice5 were resumed in the church building following strict Covid protocols. We continued to use zoom for midweek gatherings and Church meetings. This was a year of preparation for the future of the church where significant work was undertaken. The church agreed to form a SCIO and to clos¢ this Charity - The trustees have overseen this process, transferred the asscls to the new SCIO and will in tim¢ close this charity making this the last annual report of the charity. A ¢ommunity audit was undertaken that has lead to a partnership with th¢ charity called Roots and with a choir from Strathcarron hospice. The Audit will also guide our futurc community engagement. The church a successful and reed to form a search group to begin looking for a new minister. This has been ill begin in September 2022. Page I
Denny Baptist Church Report of the Trust¢¢sfoi' (he year ended28 February 2022 Achieyemenf and Performance (continued) Pastoral care of the congregation continued initially through telephone ¢a115 and as lockdown restriclions eased through doorstep visits and recently through careful visitation of homes. Monthly prayer events called Momentum We established and stecial times of prayer were held. A monthly family service called Tribe was trialed for several months The church M'as eneoura8ed by a number of visiting speakers tho preached from September to February. Church attendance grew through the year from 30 to around 45. Financial review The Statement of Receipts and Payments on page 4, ieports a net deficit of £30,628 (2021.. Surplus of £6.464) represented by a general fund deficit of £28.582 (2021.. surplus £8,575) and restricted funds deficit of £2,046 (2021= deficit of £2.111). Reserves It is the policy of the church to maintain unrestricted funds at a level that equates to approximately three months of unrestricted expenditure. This allows sufficient funds to enable the ongoing work of the church to be maintained. As shown on page 5, the unrestricted General Fund at 28 February 2022 amounted to £44,408 (2021.. £72,990) which met with the policy. The church's reStriled funds at 28 February 2022 amounted to £2,087 (2021: £4,133). Total funds held on 28 February 2022 amount¢d to £46.495 (2021: £77.123). Adminis¢ration Details red office Approved by the Ttttee$ on . 2022 and signed on their behalf by- 'e Page 2
Denny Baptist Church Report ofthe Independent ExAminer to the Trusteesfor the year ended 28 Febn4ary 2022 I report on the accounts of the church for the year ended 28 February 2(f22 which are set out on pages 4 10 Respecttve responsibllitie5 Ottrusttts and examiner Thc charity's Trustees are Nponsible for th¢ preparation of the accounts in accordance with the terms of the Charities and Tn]stee Investtnent (Scotland) Act 2(X)5 and the Charitie5 Ac£oiints {Scotland) Regulations 2(K16 (as amcndcd). Tr charily Ttuslccs considcr that the audit requirem¢nt of Regulation 10(l) (dl of th¢ 2(M)6 Accounts R¢8ula¢ions do&8 not apply. It is my responsftbility to exarnine the a¢¢ounL8 &s r4uxred under section 4411) (c) of the Act and to state whether particular mattets haye come to my attention. Basis of independent examiner's slatement My examxnation is carried out in accordance wryth Regulation I l of the arItieS Accounts (Scotland) R¢8ulations 2(Th (&$ amended). An examination includes a review of the accounting rera$ kepl by the chlty and a comparisoll of the a¢¢ounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeks explanions from the tru$es ¢on¢erning such ]natte. The procedures undertaken do not provide ail the eviden¢e that would be required in an audit. and cowuently I do not exp$ an audit opinion on the view given by the accounts. Independent Examlner's Statement tn the COLllse of my exan)Inl0, no maiter has come Éo my attention other than that disclosed below: l. which Elves me reosonable cause to lIeVe that in any material respect the requirements: to keep a¢¢ountitsg records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2CK16 Accounts RegatIOnS (as amertded). and to pr¢p4tt accounts which aeeord with the accounting records at¥J comply with Regulation 9 of the 26 Accounts Regulations (as amended) have been rne¢ or 2. to whicm in my opinion, attention should be drawn in order to enable a proper understanding of the a¢¢ounts to be reached. Aanosms Dwecttjr Chartered certifi Accountants Innes & Partners Limited tnjkes House 18 Sha]5 Business Pk Houstoun Road Livingswn EH54 5FD Dat¢: z..A.oNthI 2022 Pa8e 3 |+P Innes & Partners Chartered CerDflod Accouniants
Denny Baptist Church Receipts and Payments Accounts For the year ended 28 February 2022 Unrestricted Restricted rund5 funds Total 2022 Total 2021 Receipts Offerings Donations recovered on gift aid giving Church group5 Manse rent Hall hire Other income Bank interest Notes 33.539 33,539 46,989 6,298 6,900 6,900 1,782 7200 120 ,704 26 1,782 125 7,200 99 686 35 7.200 120 1,704 25 Total receipts Payments Staff costs Pulpit supply Maintenance Heat, light and water Manse council tax Insurance and subscriptions Telephone, stationery and prinling Purchase of equipment Catering and Cleaning fjranis and donations IT and website deY¢lopm¢nt Church groups Outreach Professional fees Independent examination Sundry expenses Total payments 49,488 1,783 51271 72.533 36,407 13,489 5,899 4.156 36,407 13,489 5,899 4,150 33.333 2,442 7.672 2,680 1.298 2,935 503 402 268 8,494 424 903 2,915 360 960 480 3,120 532 1.895 996 6,600 525 3,120 532 1095 996 6,600 525 2,656 288 3,161 960 1215 81,899 2,656 288 3,161 960 1,215 79,243 2,656 66,069 Surplusl(deficit) for the year before transfers Transfers {29,7SS) 1,173 {28,582) 72.990 44,408 (873) {1,173) (2,046) 4,133 2,087 (30.628) 6.464 Surplwsl(deficit) for the year after transfer5 Total funds brought forward Total funds earrled forward (30,628) 77,123 46,495 6,464 70,659 77,123 fNole 5) ole 6) Page 4
Denny Baptist Church Statement of Balances As at 28 February 2022 2022 2021 Nose5 Opening (Deficit) Closing b21Ance for year balance Opening Surplus Closing b8lance for year b#lance Bank & eash in haRd 77,123 (30.6281 46,495 70,659 6.464 77,123 Total a55ets held 77,123 130,628) 46,495 70,659 6,464 77,123 Rueryes unrcstrl¢t fund5 Restricted funds 44A08 2,087 46,495 72,990 4,133 77,123 Statement of assets at 28 February 21122 Church and Manse (based on Trustees, valuation in 2005) 245,000 245.000 Gift Aid due Overpayment to HMRC 490 208 1.208 208 245,698 246.416 Statement of liabilitie5 at 28 February 2022 Itlvohces due for payment Outstanding HMRC Payment Outstanding Salary Cost 960 21 84 960 1,065 960 roved bv the Trustees on .3.k .(IWW...... 2022 and signed on thetr behalf by ihe undernoted: Treasurer Th¢ not¢s on pages 6 to 8 fomi part of these financial statements. Page 5
Denny Baptist Church Notes to the Financial Statementsfor ihe year ended 28 Febrwary 2022 l. Accounting Policies Accounling eoiivenlion The financial statements have been prepared in aecordance with ihe Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). Bosis offiiiancialslalements The financial statements have been prepared on a receipts and payments basis. All income and expenses are accounted for when received or paid. Expenditure includes any VAT which cannot be recovered and is reported as part of the expenditure to which it relates. Funds For the purpose of the Receipts and Paymenls Account as shown on page 4, funds &re defined as follows.. Unrestricted funds comprise grdnts and other income recelved for the objects of the church wiihout further specified purpose and are available as general funds. Restrieted funds comprise income which has been e1Ved for the objects of the church and specified for a restricted purpose within these obje¢ts by the donor. Page 6
Denny Baptist Church Notes to the Financial Statements For the year ended 28 February 2022 Staff costs and Durnbers 2022 21121 Gr055 salaries Employer'5 Nl contribution Employer's pension contribution Pension d¢fici¢ncy wntTibution Expenses 10,681 27,986 208 2,820 1,633 686 470 24,954 302 36,41J7 The aveiage number ofemployecs during the year was l (2021- 1). 3. Transactions with Trustees #nd related parties There were no transaetions with the '[ rustees during the year ending 28 February 202212021.. nil). other than payments to the minister detailed abOvwhO is related to one of the Tustees received pulpit supply costs totalling £11,669 during the year ending 28 February 202212021.. £2,442)- 4. Grant5 and dollations Unrestricted Restricted fllnds funds 2022 Total 2021 Total Organi5ations BUS lithe BMS Mi55iOII CAP csw Africa Christian Solidarity Compassion UK Canopy BMS Harv¢5t App¢al Individual 3.000 .500 1,000 1,100 3.000 1,500 I,ooo I,ioo 2.880 2.065 1.000 ,000 150 285 120 120 874 6,600 6,600 8,494 5. UDre$tricted funds Balanee 4t 01.03.21 Balanee at 28.02.22 Receipts Payrnents TransfEr5 General fund 72,990 49,488 (79.2431 (79,243) ,173 44,408 Total unrestricted funds 72,99 49,488 1,173 44,408 Erplaiifjiloii ollunds The Genetalfund encompasses all income and expenditure relating to the primary focus activities of the chariry, other than those for which fitnding is restricted. Page 7
Denny Baptist Church Notes to the Financial Statements For the year ended 28 February 2022 Restricted funds Balance at 01.113.21 B#lan¢e at 28.02.22 Receipts Payments Transfers Fellowship Fund J-Kids fund Rainbow Hour fund Kingsquad fund Leprosy Mission fvnd Parents and Toddler5 fund BMS Mission fund The Point {Youth} fund Total reslricted funds 1.283 867 566 144 615 (10) (670} .273 198 (566) 387 (531) 615 ,395 (1,395) (50) {2,656) 657 (607) (1.173) 4,133 1,783 2,087 Erplanalion offuiids The Fellowshipfulld repre5¢nts funds given by the congregation io be donated io particular groups. J-Kidsfund represents funds raised by the Church's Sunday school. Rainbow Hotsrftthd represents funds raised by those involv¢d in the senior citizens, Rainbow Hour. Kingsquadfiind represents funds to finance events involving primary school age young p¢opl¢ in ¢h¢ church and from the wider community. Leprory Missionfund represents funds collected for Leprosy Mission. Parenis and Ttsddlersfulld represents funds raised by the Par¢nts and Toddlers group. BMS missio fvnd represents funds received specifically to support missionaries and projects associat¢d with the BaptLSt Missionary Society. The Point fYouth)fiind represents funds to finance events involving high school age young people in th¢ chuwh and from the wider cotnmunity. Page 8