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KEYNSHAM BAPTIST CHURCH

2011 ANNUAL REPORT & ACCOUNTS

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Keynsham Baptist Church 2011

In your hearts enthrone him; there let him subdue

all that is not holy, all that is not true.

He is God the Saviour, He is Christ the Lord,

ever to be worshipped, trusted and adored.

Caroline Noel (1817-77)

Table of Contents Annual Report for the Year to 31 December 2011 Reference and Administrative details of the Charity, its Trustees and Advisers 2 Charity Status 2 Managing Trustees 2 Principal Advisers 2 Structure, Governance and Management 3 Governing Document 3 Recruitment and Appointment of Trustees 3 Induction and Training of Trustees 3 Organisational Structure 3

Baptist Union of Great Britain and West of England Baptist Association 3 Custodian Trustee 3 Relationships between the Charity and Related Parties 4 Risk Management 4

Objectives and Activities 4 Objects of the Charity 4 Charity’s Aims 4 Charity’s main Objectives for the Year 5 Charity’s Strategies 6 Details of Significant Activities 6 Achievements and Performance 11 Fund Raising Activities 16 Financial Review 17 Reserves Policy 17 Principal Funding Sources 17 Material Investments and Investment Policy 17 Plans for Future Periods 18 Statement of Trustees’ Responsibilities 18 Annual Accounts for the Year to 31 December 2011 Independent Examiner’s Report 19 Statement of Financial Activities 21 Statement of Assets and Liabilities 22 Note to financial statements 23 Sundry Accounts 26 Liabilities 27

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Annual Report for the year to 31 December 2011 The trustees are pleased to present their report together with the independently examined financial statements of the charity for the year ended 31 December 2011. The financial statements comply with current statutory requirements, the Statement of Recommended Practice – Accounting and Reporting by Charities (revised 2005).

Reference and Administrative details of the Charity, its Trustees and Advisers Charity Status Keynsham Baptist Church (High Street, Keynsham, Bristol. BS31 1DS) is an ‘excepted charity’ under the Charities Act 1993. The Church derives its exception because the West of England Baptist Trust Company (West) Limited takes responsibility as custodian trustee for the church and manse properties. Excepted charities are not required to register with the Charity Commissioners where annual income is less than £100,000 and therefore does not have a registration number, but in other respects are fully within their jurisdiction. Managing Trustees The Church is administered by the Diaconate who are the Managing Trustees of the Charity, comprising:- Minister & Chairman Revd. Michael Standbridge Secretary Mrs Pat Evans Treasurer Mr Malcolm Broad MBE Deacons Mr John Bishop Mrs June Drew Mrs Margaret Hobbs Mr Alan Islam Mrs Daphne Putnam Principal Advisers Bankers HSBC Bank plc, 34 High Street, Keynsham, Bristol. BS31 1DQ CafCash Limited, Kings Hill, West Malling, Kent. ME19 4TA Solicitors Clarke Willmott, Blackbrook Gate, Blackbrook Park Avenue,

Taunton TA1 2PG Independent Examiner Mr Edward Duffield, ACIB, 11 Kingsmill, Stoke Bishop, Bristol. BS9

1BZ

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Structure, Governance and Management Governing Document The Church’s governing document is an Indenture/Declaration of Trust dated 21 January 1884 which sets out the objects of the charity. The current land site has been occupied since 1802 when the first building was erected. In 1834 the chapel was enlarged and partially rebuilt. The Indenture was created in 1884 as there was no conveyance or other Title Deed nor any deed declaring the trusts of the chapel prior to this date. Recruitment and Appointment of Trustees Deacons who are the Managing Trustees of the charity are chosen from among existing church members who show the reality of their faith by the consistency of their Christian character and by their loyalty to the cause of Christ. The Diaconate consists of two Church Officers, Secretary and Treasurer together with up to eight elected Deacons. Annual elections are held at the Church Annual General Meeting by ballot. Nominees must secure a vote of at least 75% of those present and eligible to vote. Induction and Training of Trustees The trustees (Deacons) have all received formal trustee training during their current term of office. Organisational Structure The Church is governed and regulated by its own members where all aspects of the work of the Church are subject to the approval of the Church Meeting which is normally held monthly. The Minister of the Church is a paid Managing Trustee and with the Deacons gives leadership to the Church. The Deacons assist the Minister in his role and are also responsible for preparing the business for the Church Meeting. The Baptist Union of Great Britain and West of England Baptist Association The Church is part of the wider Baptist family and is therefore a member church of the West of England Baptist Association (WEBA) and also of the national body, The Baptist Union of Great Britain (BUGB). Both organisations are registered charities. The Church Treasurer, Mr Malcolm Broad is also the Honorary Treasurer of The Baptist Union of Great Britain. The Church pays an annual subscription to BUGB based upon its membership numbers and also makes a donation to BUGB (Home Mission Fund) for the Baptist family in the UK – please see Note 2 (g). Custodian Trustee As referred to on page 2, the custodian trustee for the Church is the West of England Baptist Trust Company (West) Limited. The Trust Company holds the title deeds of the following properties:- Keynsham Baptist Church, High Street, Keynsham, Bristol. BS31 1DS 23A Kelston Road, Keynsham, Bristol. BS31 2JL

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DECLARATION OF PRINCIPLE The basis of this Union is:

1. That our Lord and Saviour Jesus Christ, God manifest in the flesh, is the sole and absolute authority in all matters pertaining to faith and practice, as revealed in the Holy Scriptures, and that each Church has liberty, under the guidance of the Holy Spirit, to interpret and administer His laws.

2. That Christian Baptism is the immersion in water into the Name of the Father, the Son, and the Holy Ghost, of those who have professed repentance towards God and faith in our Lord Jesus Christ who “died for our sins according to the Scriptures, was buried, and rose again the third day.”

3. That it is the duty of every disciple to bear witness to the Gospel of Jesus Christ, and to take part in the evangelisation of the world.

No property valuation has been undertaken on the Church in recent years and the value shown in the accounts, (page 22) is the insured value. The property at Kelston Road, bought in 2005, is also shown at the insured buildings cover. Relationships between the Charity and Related Parties Churches Together in Keynsham and Saltford (CTKS) – the Church is an active member of the ecumenical partnership of churches in the Keynsham and Saltford area. One of the Church’s members, Mr Gordon Hobbs is the current treasurer. The Church also supports four connected organisations, the Baptist Women’s’ League, the Homemakers, ‘Tea & Tots’ and Craft Group. These connected organisations of the Church exist as part of the work and mission of the Church which are open to the community. Each organisation has its own committees, officers and members but they still fall within the scope of the Church Meeting and the Minister is entitled to be Chair of all meetings. Risk Management The trustees spent an awayday examining all major strategic, business and operational risks that the charity faces. Over 90 risk areas were considered in detail and of these the trustees identified the top 5 risks the church currently faces. Controls and action plans are in place to address these risks and will be reviewed annually.

Objectives and Activities Objects of the Charity Established for the purposes of advancement of religion through the spiritual work of the Church. These purposes include the provision and upkeep of the place of worship and burial ground, the carrying on of religious services, the payment, housing and pensioning of a minister of religion and other persons employed for the purposes of a place of worship. Charity’s Aims Under the Baptist Union Declaration of Principle:

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Keynsham Baptist Church seeks to be an active Christian community/fellowship bringing Christian witness and care to the town of Keynsham. The Church also acknowledges its Christian responsibilities beyond the local community and seeks to engage in both national and international situations. Charity’s Main Objectives for the Year The Church premises are situated in an ideal location on the High Street in Keynsham which makes the use of our premises attractive for a wide range of community groups, organisations and other charities. Where able and appropriate, the Church aims to discern the needs of the community and organise activities and support groups to meet these. In January a significant group of people of the church met to discuss launching, ‘Lunch Break – Come Dine With Us’, a lunchtime meal every third Monday of the month open to anyone wanting a three course home cooked meal. The first meal was undertaken on 21st February with tremendous support and even ran out of food due to popular demand. This continued throughout 2011, except for a summer break, with variations on numbers attending and this has continued now into 2012. The Church is hugely indebted to the volunteers that made this initiative possible. The prayer life of the church was an important focus in 2010 which continued into 2011 with prayer time before morning worship and prayer at someone’s home on the first Monday of each month between 11am and 12.30pm. Our Saturday Coffee Mornings, Craft Group, Tea & Tots drop-in, Baptist Women’s’ League and Homemakers are regular opportunities for us to bring our objectives to life and we continue to look for other ways in which to develop mission initiatives in the community. The Church continued to offer public worship on Sunday mornings at 10.30am and Tuesday evenings at 7.30pm. Quinquennial Inspection – the church is expected to undergo a 5 year inspection of its property as part of its responsibilities towards the custodian trustee, the West of England Baptist Association. An inspection was undertaken by Adrian Male Associates, Chartered Surveyors and report dated 28 November 2011 prepared for the church. Helpfully the report produced a summary and recommendations of actions that need to be taken in the first twelve months of the report being issued and those works considered essential during the next five years as well as those actions considered advisable also over the next five years. The likely cost to the church of all the essential items over the next five years is £8,500 to £10,000. The church Fabric Committee has already begun the work of gathering quotations for essential works which need to be undertaken during 2012, the cost of which is likely to be in the region of £4,500 to £5,000 and included in the figures referred to above.

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Insurance Inspection – as part of the five year ‘Long Term Agreement’ with the Baptist Insurance Company PLC, the church buildings were also inspected during the year for insurance risk and a report was subsequently produced with various remedial works required. Again the church Fabric Committee has these works in hand, with a number already completed. We are hugely indebted to the Fabric Committee for the amount of work involved as a consequence of these two inspections and subsequent reports and the necessary works that will inevitably follow. The Church continued an earlier experiment to conduct its Church Meetings after a Sunday morning service which remains very successful. The Church aims also to develop and grow as a fellowship through both study and social activities:-

i) Nationally – to assist in the development of denominational and inter-denominational/Local Ecumenical Project churches and discover the experience of the church in Great Britain.

ii) Internationally – to discover more, the work of the Christian Church overseas and support that work wherever possible.

At the end of another year in the life of Keynsham Baptist Church we give thanks and praise God for all that has been accomplished and for the fellowship we have shared as we continue our journey together. Charity’s Strategies a) Worship – to seek to provide appropriate worship to God and review our act of worship on a

regular basis b) Ecumenical – to actively encourage, promote and participate in ecumenical activities. c) Premises – to maintain the premises to good standard, to promote and provide community

activity. d) Community Needs – to review the work of the Church and discern the needs of the

community and then develop strategies and actions to support as appropriate. e) Fellowship – to develop a programme to promote Christian knowledge and understanding

and to enhance the social awareness of the Church. Such a programme to include educating the Church members and congregation about the Baptist denomination regionally and nationally and its links to international Christian activity through the Baptist Missionary Society – World Mission, Christian Aid and other Christian organisations.

Details of Significant Activities 2011 began on Sunday 1st January with a Covenant Service where the text for the year was adopted, “Your word is a lamp for my feet, a light on my path.” Psalm 119: v105.

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During Lent the church hosted the programme for Lent on behalf of Churches Together in Keynsham and Saltford (CTKS) which included a series of evening studies taking the theme, ‘Gateway to the Bible’ celebrating the 400th anniversary of the publication of the Authorised Version of the Bible. The study series sought to make the Bible more accessible for all with individual themes on History, Poetry, Wisdom and Prophecy. The climax of the Lent studies was a special performance of “Five Sides of a Circle” by Neville Boundy performed at Keynsham Methodist Church Victoria in April. In March the Church held another successful Church Weekend at Exmouth and as this photo shows a happy time had by all….

In April the church held another very successful skittles evening at the Keynsham Conservative Club when Phil Drew emerged as the winner. The picture shows Phil being presented with the sought after skittles trophy by our minister, Revd Mick Standbridge.

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In May the deacons had the first of their important ‘Awaydays’ in 2011 – such days are spent in prayer; discussing important items, for example children’s work, risk management and trustee training and celebrating communion together. The Church held a working party in the summer to deal with a number of items relating to repairs and maintenance including a complete redecoration of Room 2. We are indebted to Martin Evans who carried out special remedial works in Room 2 and as this report is written, Martin has just completed Room 1 – well done and many thanks.

On 12th June the church held its annual anniversary service which included a special Gift Day and Fellowship Lunch. £2,440 was raised as a result of the Gift Day, much of which has been gift aided.

In addition to the Gift Day, the church held a number of fund raising events during the year, from a Yard Sale to Afternoon Tea and from a Barbecue to the Victorian Evening – here are some photographs from various events held during the year.

Yard Sale at the front of the

Church

Some well known customers!

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Tea at Martin & Pat Evans

On 12th July many folk from the church attended Counterslip Baptist Church to hear the Dawson Youth Choir, USA – introduced by the former General Secretary of the Baptist Union of Great Britain, the Revd Dr David Coffey OBE. Sadly, our minister Revd. Mick Standbridge became ill at the end of August and remained off work until the end of February 2012. We are pleased to report that Mick’s return to work is going well and we continue to hold both Mick and Marianne in our prayers.

On Sunday25th September we held our usual Harvest Thanksgiving service which could not be complete without the Harvest Supper on the following Tuesday.

Tea at Martin & Pat Evans

home

BBQ at Malcolm & Rachel

Broad’s home

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During August Mick planned for the autumn an informal 8 week course on ‘Discipleship Explored’ inviting anyone who wanted to reflect upon their on-going faith. The course which in the end was condensed a little looked at the book of Philippians aided by DVD and discussion and other material. Malcolm Broad led most of the course in Mick’s absence.

In October CTKS held a special presentation and talk by Nick Page, entitled ‘God’s Dangerous Book’, a history of the Bible.

It’s a book about how the Bible was put together, where it came from and

who decided what went in there in the first place.

During our minister’s absence the church has been immensely grateful to the number of ministers from other churches and our own members who have led our services both on a Sunday morning and Tuesday evening - thank you.

The year ended of course with the run in to Christmas with a wide range of different services culminating in the Family Nativity Service on Sunday 18th December and Carols by Candlelight on Tuesday 20th December. On 13th December and for the second year running the Deacon’s hosted, prepared and cooked a three course Christmas Dinner for the congregation – makes your mouth water!

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The Family Nativity Service included the theme ‘Get in the Picture’ as you can see from the ‘picture’ the whole congregation was involved as the nativity story enfolded!

Achievements and Performance AGM & Membership The Annual General Meeting of the church took place on 8 May 2011, when Mrs Pat Evans was re-elected Secretary; Mrs June Drew was re-elected as a Deacon. Sadly, several of our members and dear friends died in 2011 and we remember them and those who continue to mourn loved ones. The members who died during the year were, Mrs Margaret Chapman and Mr Peter Boyling Our membership stands at 52 as at the end of 2011 (54 at the end of 2010). Annual Assembly Each May bank holiday Baptists from across the country and indeed from overseas come together as one united group to celebrate together what it means to be Baptists in today’s world. In 2011 the near 2,000 delegates from churches met together in Blackpool over four days. The Assembly is a great way to meet other Baptists, listen to key-note speakers, attend various interest meetings, come together in worship, prayer and communion; it’s an experience not to be missed! Our minister, Mick and Marianne attended on behalf of the church with Marianne attending as our official delegate, whilst Malcolm and Rachel Broad also attended, due to Malcolm’s role as treasurer of the Baptist Union of Great Britain.

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Assembly Motion – Malcolm was also involved in proposing the main resolution put to Assembly

as follows:-

This Assembly:

Recognises the importance of taxation in poor countries for ensuring sustainable development finance and building accountability between state and citizen.

Calls upon BUGB and BMS World Mission to raise with HM Government the concern regarding the negative impacts of tax evasion and avoidance by some companies, which are estimated to cost poor countries $160bn each year.

Calls upon HM Government to show international leadership in negotiating international tax transparency for all multinational companies and an end to tax haven secrecy.

The resolution was seconded by BMS World Mission and voted in favour by the delegates.

Autumn The Autumn began with our traditional Harvest services when we invited families and friends to join us. The main service was very well attended where people donated a great number of gifts, some of which were boxed up attractively and given to housebound folk. The majority of goods were donated to Julian House.

The loose cash offering on the day was donated to Nicola Pinn (Wycliffe Bible Translators) for her work in Mali translating the Bible into their own language. The proceeds from the auction of produce at the Harvest Supper went to Operation Agri BMM (Baptist Men’s Movement).

Christmas On Tuesday 29th November, Margaret Hobbs led a themed advent service entitled, “Considering Emmanuel”. On Tuesday 6th December, Malcolm Broad led a musical evening with Christmas music performed by Michael W. Smith, an American musician, composer and performer. Our Gift Service was held on Sunday 11th December when our congregation generously gave an array of gifts suitable for the homeless at Julian House.

First customers!!

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The ‘Carols by Candlelight’ service is always popular when the church was again filled with flickering candles creating a wonderful atmosphere. Christmas Day service was again shared with our friends from the Methodist Church in Keynsham.

Young Church Our young church remains small but is still a valued and important part of church life. We thank

Rachel Broad and Daphne Putnam as they continue to teach the love of Christ to our faithful group of children. During 2011 Val Stephen stepped down after many years of teaching the older young people – we are very grateful for Val’s commitment to this service. 2011 saw a structural change in that there are now two separate groups of children, one for infant children and one for junior children and the leaders adapt material to suit the children’s needs. Housekeeping and fabric We have reported elsewhere regarding the Insurance and Quinquennial inspections which pre-occupied much of the time spent by the Fabric Committee. Looking after buildings that are Grade II listed is always a challenge so we are especially grateful to the small fabric team of people who oversee and maintain the building to good order. We are also very grateful to those who look after the church garden which is widely appreciated by passers-by. The use of our premises to groups in the town is just one way in which we try to witness and serve our community. In various ways during any one year, up to 2,500 people cross our doorways. With only a small number of rooms available in addition to the main hall, this requires flexibility and a friendly welcome and we again are grateful to Daphne Putnam who continues to do a fine job for us in managing room bookings on our behalf. Daphne celebrated her 70th Birthday on the same Sunday as the Family nativity Service so the church hall was packed with family and friends…

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Volunteers As Christians we are called to serve and serve again, so like many of our Baptist churches and churches of other denominations we are reliant on an army of volunteers - from accomplished organists, Maureen Hayward, Janet Pritchard and Margaret Hobbs to John Bishop who plays guitar to those who provide and arrange flowers each week. From those who regularly carry out stewarding for services and counting the offering to those who help in the kitchen and put up and put away tables and chairs each week. It is impossible to calculate the number of hours, days or weeks that are freely given to the church and the community or indeed to recognise everyone involved. We are always in need of more volunteers, whether serving on Saturday mornings, looking after the church garden or looking after the fabric of the church just to name but a few of the areas of service. Whatever the task, how big or how small, everyone is equally important and valued for the gifts they use in service to Christ’s church. Church Newsletter/Magazine The bi-monthly newsletter continues to flourish and it is rewarding that people are often asking whether they are too late to submit something so there is definitely an understanding that it is the Fellowships newsletter and not something divorced from them that pops up from time to time. We thank the team who help it become real every other month, that is Alan Hale, Gordon Hobbs supported by Margaret Hobbs, Doreen Ely, Revd. Mick Standbridge and a thank you to David Johnson who has volunteered to help Doreen on production runs. The colour cover seems to lift the appearance of the magazine but we still seem to have the odd problem in the quality of the reproduction, in particular with photos so please accept our apologies if images of yourself or a loved one do not appear as well as we would wish. Working together we are sure the team will overcome - what is life without a challenge!! From time to time Alan produces pages in columns and as yet has not had negative feedback. It offers a degree of flexibility so it may continue as a varied format. As we receive many good comments we, and Alan Hale in particular, assume that the Fellowship and our other readers are happy with the team's efforts. We look forward to the next edition. Finance The work of the finance team, which includes Malcolm Broad, Gordon Hobbs and Helen Argile, continues along with those who help count the offerings each week. The church set a deficit budget for 2011 at £5,170 but the outturn was a surplus of £8,609 a quite remarkable achievement when you consider our expenditure rose by 6.58% on the previous year. Overall income went up from £58,095 in 2010 to £67,379 during 2011 impacted by increases in fund raising, room hire and Monday lunches. Given the economic background the church has been truly blessed by this result and a huge thank you to everyone concerned.

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The finance results have provided a much needed increase in our reserves to meet the conditions of our reserves policy and it has also given us some additional funds to pay for works that will need to be done following the Quinquennial and Insurance inspections. The future remains challenging but we now have a better platform on which to face the future than for some time. Connected Charities

Crafts Group The group continues to flourish and new members have joined the group. Although card making is the most popular activity some members are trying new techniques or developing sewing skills learnt some time ago. It continues to be a friendly and supportive group with members mainly learning from each other. Help is on hand where needed and members find it a relaxing and therapeutic afternoon. The Crafts Group now has its own bank account and their accounts are now included in the Annual Accounts for the first time.

Tea & Tots Tea & Tots continues to provide a drop-in facility for Parents/Carers and their children on Fridays (during term time) from 9.30 -11.30am, without any charge to attend. The aim is to ensure everyone is welcomed and newcomers are not left to feel isolated. As well as having varied play opportunities and activities for the children, there is a different craft activity every week. We also have a popular story and singing time. Highlights

Christian celebrations – There were four short celebration times this year, (during part of the normal session times) – Easter, Summer, Harvest & Christmas, with the Christmas one being the most popular. The children enjoy the singing and an interactive story. Team of helpers

A valued team of committed helpers continue to turn up week by week. The work and dedication of the helpers is greatly appreciated as they make Tea & Tots what it is - a welcoming place for parents and their children.

Homemakers Homemakers is a fortnightly meeting for ladies offering a warm and friendly welcome to all as we try to live out our motto of “Friendship and Fellowship Together”. We have a membership of 33 with an average attendance of 20-25. Sadly we have lost one of our very dear and lovely ladies, Margaret Chapman, who passed away last May. Margaret was a

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Fund Raising Achievements & Performance Actual 2011 Budget 2011

Coffee Mornings (Gross Income) 4,767 5,000

Other Fund Raising Activities (Gross Income) 3,315 2,500

Less: Fund Raising Costs (585) (750)

Net Fund Raising Income 7,497 6,750

good enthusiastic worker and it’s through Margaret that our charity this year was Epilepsy Action. As her son Richard is involved, it was her wishes that Homemakers support this charity. As we look back over the past year we had many interesting informative and amusing evenings. One of the highlights of the year was a visit to Kilver Court Gardens at Shepton Mallet, although it rained we had a window of opportunity to walk around that beautiful garden with the viaduct running through, just delightful and much enjoyed. There was an informative talk and of course coffee/tea and cake. Our fund raising evening in November was a huge success with Choirjam. Ending the year with an enjoyable meal at the Manor House, Keynsham where we lived our Homemakers Motto and Friendship and Fellowship was shared. Through our fundraising events we were able to present a cheque for £1,800.00 to Richard Chapman for Epilepsy Action; this included a £500.00 cheque from NatWest Bank which Margaret Barnes applied for on our behalf. Homemakers Programmes of dates and times is available in the church foyer, please take one and maybe one for a friend too.

Baptist Women’s League To some people, Thursday afternoons in the Church Hall hosts a meeting of elderly ladies, singing a few hymns, having a talk and a cup of tea. That is correct but it also generates a warmth of fellowship, friendship, support and a genuine feeling of Christian love. We may be small in number but we hope that our impact in the Fellowship is appreciated. Our average attendance is 12 and from that number we have donated £700 to various charities, funded a subsidised outing to Portbury Docks/Seaman’s Mission and had two sit-down teas! Our programme each week has been varied and stimulating and it is fair to say that nearly everyone has their small part to play in the running of the Meeting. So if you are at a loose end on Thursday afternoons at 2.30pm why not join us for an hour. You don’t know what you are missing!

Fund Raising Activities The Church is reliant upon income raised from fund raising activities during the year. The core fund raising activity is the regular Saturday Coffee Morning supplemented by various other activities, e.g. Victorian Evening, Concerts, Sale of cards etc. The table below sets out the achievement and performance of fund raising activities during 2011. The results for 2011 show an over-achievement of 11.07% compared to the budget.

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Financial Review Reserves Policy The charity holds little in the way of reserves as currently such reserves are held in the Manse Fund for future manse expenditure. Reserves held in the General Fund are to ensure the cost of full time ministry is available for 6 months expenditure which currently equates to approximately £13,000. Principal Funding Sources The Church has three principal sources of income namely:- a) Weekly, monthly, annual offerings given by members of the congregation and visitors. These

monies totalled £23,211 in 2011 compared with £23,604 in 2010, a decrease of 1.66%.

Whilst this result on the surface may seem disappointing an additional £2,440 was raised at

the Church Anniversary as part of the Gift Day on that occasion – adding the offering to this

sum gives a total of £25,651 an increase over offerings received in 2010 of 8.67%. This

income is used primarily to fund the cost of our full time Baptist minister. The cost of

stipend, national insurance and pension costs in 2011 was £22,932. Our Baptist minister,

Revd. Mick Standbridge is a paid trustee and is called to lead the church in preaching and

worship, pastoral care, mission and all other aspects of church life.

b) Rent from the hire of our rooms to external groups including charities and non-profit making organisations. Annual income in 2011 was £17,770 compared with £14,435 in 2010, up by 23.10%. Rental income is used to pay a domestic cleaner, help fund the cost of repairing and maintaining the premises including heat and light costs. This is vital to enable the church to support community groups using our premises but also to ensure the longer term viability of our buildings to meet both present and future needs.

c) Fund raising activities – the weekly coffee mornings and other organised events during the

year raised £7,497 (net) compared with £7,044 (net) in 2010. The increase was mostly down

to additional fund raising events put on during the year and we are very grateful for all the

volunteers that make our fund raising efforts successful.

Material Investments & Investment Policy The Church maintains a small permanent endowment investment of 574.28 COIF Charities Investment Fund – Income Units. The investment is valued at the market value as at 31 December 2011 at £5,459 (£5,792 – 2010) a decrease of £333. Although the Church is not able to spend the capital, the income from the investment is unrestricted and therefore the Church can apply the income to help meet its objects. Income in 2011 was £250 (2010 - £248). Whilst the Church no longer has any significant investments, it retains the following investment policy:- 1. Balanced return from income and capital growth.

2. Moderate risk exposure.

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3. Ethical investment policy in line with the Baptist Union of Great Britain.

Plans for Future Periods Another Church Weekend planned in March 2012 and an ongoing pattern of away days for the deacons of the church. New ideas in worship continue to flourish no more so than in music where worship includes a rich diversity of Christian music from the very traditional to Michael W. Smith, from the organ to the keyboard and guitar and from CD to video. In the context of discipleship, responsibility in stewardship continues to be addressed as the accounts show such great dependence on fund raising and rental income.

Statement of Trustees’ Responsibilities Charity law requires the trustees (deacons) to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year. In doing so the trustees are required to: i) Select suitable accounting policies and apply them consistently;

ii) Make judgements and estimates that are reasonable and prudent;

iii) 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; and

iv) Prepare the financial statements on the ongoing concern basis unless it is inappropriate to

presume that the charity will continue in operation.

The Deacons are responsible as trustees for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that financial statements comply with charity law. The Deacons are also responsible for safe guarding the assets of the Church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signature and Declaration I declare, in my capacity of charity trustee, that:

the trustees have approved the report above: and

have authorised me to sign it on their behalf.

................................................................................ Revd. Michael Standbridge, Minister 23A Kelston Road Keynsham Bristol. BS31 2JL 13 May 2012

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Independent Examiner’s Report To the Trustees of Keynsham Baptist Church I report on the financial statements of Keynsham Baptist Church for the year ended 31 December 2011 on pages 21 to 27. This report is made solely to the charity members, as a body, in accordance with Charity law. My independent examination work has been undertaken so that I might state to the charity members those matters which I am required to state to them in my independent examination report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the church charity and the charity members as a body, for my independent examination work, or the opinions I have formed. Respective responsibilities of trustees and examiner The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the Charities Act.

to follow the procedures laid down in the general Directions given by the Charity Commission

(under section 145(5)(b) of the Charities Act, and

to state whether particular matters have come to my attention.

Basis of independent examiner’s report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. Independent examiner’s statement In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect the requirements

to keep accounting records in accordance with section 130 of the Charities Act; and

to prepare accounts which accord with the accounting records and to comply with the accounting

requirements of the Charities Act have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the

accounts to be reached.

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................................................................ Mr Edward Duffield Independent Examiner Associate of the Chartered Institute of Bankers Retired Regional Director, Barclays Bank & Treasurer of Bristol Baptist College 11 Kingsmill Stoke Bishop Bristol BS9 1BZ 13 May 2012

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Unrestricted

Funds

Restricted

Funds

Endowment

Funds

2011 Total 2010 Total

Notes

Receipts

Donations, legacies & other similar receipts (2a) 35,415 1,703 37,118 35,390

Operating activities to further charity's objects (2b) 391 2,305 2,696 180

Operating actvities to generate funds (2c) 27,188 - 27,188 22,171

Investment income receipts (2d) 21 - 255 276 269

Sub-Total 63,015 4,008 255 67,278 58,010

Other receipts (2e) 101 101 85

Total Receipts 63,116 4,008 255 67,379 58,095

Payments

Payments for generating funds (2f) 1,006 - 1,006 600

Charitable Payments:

Grants paid (2g) - 6,058 6,058 6,535

Charitable activities (2h) 42,661 2,260 44,921 42,417

Management and administration (2i) 6,345 - 6,345 5,452

Sub-Total 50,012 8,318 - 58,330 55,004

Other payments (2j) 440 - 440 137

Total Payments 50,452 8,318 - 58,770 55,141

Net of Receipts/(Payments) 12,664 (4,310) 255 8,609 2,954

Gross Transfers between funds (5,600) 5,855 (255) - -

Cash funds brought forward at 31 December 2010 8,879 18,355 - 27,234 24,280

Cash funds carried forward at 31 December 2011 15,943 19,900 0 35,843 27,234

Statement of financial activities (including receipts and payments account) for the year to 31 December 2011

The transfer from Unrestricted Funds to Restricted Funds is largely the monies allocated in the Church budget to Mission causes, including Home Mission, BMS World Mission and Operation Agri.

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Unrestricted

Funds

Restricted

Funds

Endowment

Funds


Cash Funds

HSBC Bank plc - Current account 14,833 - - 14,833 6,245

HSBC Bank plc - Deposit account 186 - - 186 186

CafCash Limited 895 19,900 - 20,795 20,775

Cash 29 - - 29 28

Sub-Total 15,943 19,900 - 35,843 27,234

Cash 14 - - 14 235

HSBC Bank plc 397 - - 397 291

LloydsTSB 851 1,408 - 2,259 2,239

17,204 21,308 - 38,513 29,999

Represented by:-

General Fund (Unrestricted) 13,343 - - 13,343 7,279

Contingency Fund (Designated) 2,600 - - 2,600 1,600

Mission Fund (Restricted) - - - - -

Church Weekend (Restricted) - 556 - 556 511

Manse Fund (Restricted) - 19,344 - 19,344 17,844

Sub-Total 15,943 19,900 - 35,843 27,234

Baptist Women's League 347 - - 347 524

Craft Group 175 - - 175 -

Homemakers 329 1,408 - 1,737 1,715

Tea 'n' Tots 411 - - 411 526

17,205 21,308 - 38,513 29,999

Other Monetary Assets

- - - - -

- - - - -

Investment Assets

574.28 COIF Charities Investment Fund Inc. Shares 5,459 5,459 5,792

- - 5,459 5,459 5,792

Assets Retained for the Charity's Own Use

Freehold properties known as:- (5)

Keynsham Baptist Church, High Street, Keynsham - 1,045,941 - 1,045,941 1,012,545

23a Kelston Road, Keynsham, Bristol. (6) - 189,019 - 189,019 176,188

Furniture, fixtures &fittings, equipment (5) - 166,362 - 166,362 161,355

- 1,401,322 - 1,401,322 1,350,088

Liabilities (6)

West of England Baptist Trust Company (West) Ltd (Abbey) 12,740 - 12,740 18,080

(Balance quoted as at 31/10/2011) - 12,740 - 12,740 18,080

Statement of Assets & Liabilities at 31 December 2011 For the financial year ended 31 December 2011

The accompanying notes form an integral part of this Statement of Assets and Liabilities.

Page | 23


Notes to the financial statements for the year ended 31 December 2011 1. Accounting policies

i) Basis of accounting

The financial statements are prepared in accordance with the Statement of Recommended

Practice “Accounting and Reporting by Charities” (SORP revised 2005).

ii) Incoming resources

Charitable activities

Income from donations and other voluntary income are recognised on a received basis. The

charity has not given any financial consideration for voluntary help received during the year,

and is not able to quantify such assistance.

iii) Grant making policy

Grants, gifts and donations were made to various organisations in the furtherance of the

charity’s objectives. Monies received for specific causes are held in a restricted fund pending

remittance of monies to the appropriate beneficiary. The charity is committed to give at least

5% of its total income for the General Fund to the Baptist Union Home Mission Fund.

iv) Pension costs

The Church pays pension contributions for its Minister to the Baptist Ministers’ Pension

Trust Limited, a final salary defined benefit scheme, which is not contracted out of the State

second pension. The scheme is a multi-employer scheme and it is not possible to identify the

assets and liabilities of the scheme which are attributable to the Church. Ministers pay 8% of

their salary (stipend), and the Church (employer) pays 16% and contributions charged to

the Statement of Financial Activities as incurred.

v) Investments

Investments are quoted under the Statement of Assets and Liabilities at their market value

as at the Statement date. Income from investments is accounted for when receivable.

vi) Fund accounting

Funds held by the charity are either:-

- Unrestricted general funds – these are funds which can be used in accordance with the

charitable objects at the discretion of the trustees;

- Designated funds – these are funds set aside by the trustees out of unrestricted general

funds for specific purposes or projects;

- Restricted funds – these are funds that can only be used for particular restricted purposes

within the objects of the charity. Expenditure which meets these criteria is charged to the

funds.

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General Designated Mission Church

Weekend Manse

Receipts

(a) Donations, legacies & Other similar receipts

Donations - Gift Aid 3,079 3,079 982

Donations 2,394 2,394 3,720

Legacies 1,000 1,000 -

Offerings:-

Gift Aid 18,340 18,340 18,239

Envelope Scheme 702 702 614

Loose Cash 4,169 4,169 4,751

Tax Refund 5,031 5,031 5,051

Grants received 700 700 -

Baptist Missionary Society

Birthday Scheme 181 181 171

Boxes 499 499 428

Other 166 166 153

Home Mission

Boxes 351 351 260

Other 87 87 82

Operation Agri

Donations 135 135 170

Other 176 176 -

Other Causes 108 108 769

34,415 1,000 - 1,703 - 37,118 35,390

(b) Operating activities to further charity's objects

Church Weekend 2,305 2,305 180

Sundries

Other 391 391 -

391 - - 2,305 - 2,696 180

(c) Operating activities to generate funds

Fund Raising:-

Bookstall 214 214 153

Crafts - -

Coffee Mornings 4,767 4,767 4,841

Events & Other 3,315 3,315 2,742

Monday Lunches 1,122 1,122 -

Premises Hire 17,770 17,770 14,435

27,188 - - - - 27,188 22,171

(d) Investment income receipts

Dividends - -

Interest 21 - - - 21 21

21 - - - - 21 21

(e) Other receipts

101 - - - - 101 85

101 - - - - 101 85

Unrestricted Funds Restricted Funds

- Endowment funds – the investment held by COIF is capital protected, but the trustees may

use the income for general purposes.

2. Notes to the Statement of financial activities

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General Designated Mission Church

Weekend Manse

Payments

(f) Payments for generating funds

Fund Raising:-

Bookstall 209 209 61

Coffee Mornings 585 585 539

General 212 212 -

1,006 - - - - 1,006 600

(g) Grants paid

BMS World Mission - 1,350 1,350 1,401

Home Mission - 2,800 2,800 2,750

Operation Agri - 1,300 1,300 1,300

Other causes - 608 608 1,084

- - 6,058 - - 6,058 6,535

(h) Charitable activities

Payroll:-

Stipend 17,753 17,753 18,450

National Insurance 1,667 1,667 1,663

Pension contributions 4,090 4,090 4,108

Travel expenses 1,089 1,089 1,196

Book allowance 195 195 119

Conferences, training 650 650 596

Healthcare 240 240 240

Sabbatical - -

Wages - Domestic 2,425 2,425 2,399

Visiting Ministry 669 669 908

Church Fabric:-

Repairs & maintenance 1,985 1,985 2,075

House expenses 527 527 453

Insurance 1,438 1,438 1,383

Light, heat & rates 3,724 3,724 3,160

Equipment 1,679 1,679 999

Manse Fabric:-

Repairs & maintenance 181 - 181 368

Insurance 225 225 197

Light, heat & rates & council tax 3,477 3,477 3,383

Young Church 227 227 215

Church Weekend 2,260 2,260 -

Hospitality 209 209 350

Training, conferences & seminars 235 235 155

Sundry payments (24) (24) -

42,661 - - 2,260 - 44,921 42,417

(i) Management and administration

Church office, inc. Stationery & postages 845 845 1,237

Telephone - Church & Manse 785 785 847

Photocopier - leasing 1,724 1,724 1,688

Photocopier - consumables 879 879 598

Advertising & Website 957 957 144

Insurance 125 125 124

Professional fees 256 256 256

Subscriptions 727 727 533

Other 47 47 24

6,345 - - - - 6,345 5,451

(j) Other payments 366 366 137

74 74 -

440 - - - - 440 137

Unrestricted Funds Restricted Funds

2. Notes to the Statement of financial activities – continued

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Sundry Funds held by Connected Charities

Unrestricted

Funds

Restricted

Funds

Endowment

Funds


Notes

Receipts

Donations, legacies & other similar receipts 2,096 70 2,166 2,603

Operating activities to further charity's objects - -

Operating activities to generate funds 399 1,303 1,702 2,165

Investment income receipts 0 0 -

Sub-Total 2,495 1,373 - 3,868 4,768

Other receipts - - -

Total Receipts 2,495 1,373 - 3,868 4,768

Payments

Payments for generating funds 244 27 - 271 836

Charitable Payments:-

Grants paid 1,555 1,450 - 3,005 2,850

Charitable activities 735 - 735 1,229

Management and administration 6 - 6 79

Sub-Total 2,540 1,477 - 4,017 4,994

Other payments - - - - -

Total Payments 2,540 1,477 - 4,017 4,994

Net of Receipts/(Payments) (45) (104) - (149) (226)

Gross Transfers between funds (50) 50 - - -

Cash funds brought forward 31 December 2010 1,357 1,462 - 2,819 2,990

Cash funds carried forward 31 December 2011 1,262 1,408 - 2,670 2,764

3. Sundry Accounts

There are four connected charities attached to the Church, namely the Craft Group, Baptist

Women’s League, Homemakers and Tea ‘n’ Tot’s. They exist because the Church exists,

though they operate their own finances which are separately independently examined. A

summary of their combined activity is given below. Copies of their accounts can be obtained

from the respective treasurers.

NB. Cash funds brought forward 31 December 2010 is shown as increased from £2,764 to

£2,819, the difference of £55 being the amount that the Craft Group started 2011 with, their

accounts shown here for the first time and not included in the accounts for 2010.

4. Tax Reclaim on Donations – Gift Aid

Income received from tax claim was £5,330.68 for Unrestricted Funds compared with £5,051 in

2010. 2010/11 tax year marked the end of the transitional relief available to charities since the

basic rate of tax was reduced.

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5. Tangible Assets

Investments are shown in the Statement of Assets and Liabilities at market value. Assets retained for the Charity’s own use are shown in the Statement of Assets and Liabilities at latest insured value. The church building is a historic Grade II listed building with a very long life and as such it is not practical or cost effective to place a value on the property or its land. 6. Liabilities

The manse at 23A Kelston Road, Keynsham was purchased from the following sources:- Keynsham Baptist Church £182,750 Abbey Mortgage £ 32,250 Purchase price £215,000 The manse is co-owned 85% share by Keynsham Baptist Church (West of England Baptist Trust Company (West) Limited) and 15% share by Revd. Michael Standbridge and Mrs Marianne Standbridge. Upon any sale of the property, sale proceeds shall be apportioned using the percentages quoted. Keynsham Baptist Church has the right to buy out the 15% share at the time of any sale of the property or when Revd. Michael Standbridge ceases to be the minister of the Church. The property is vested in the name of the West of England Baptist Trust Company (West) Limited as the custodian trustee of the Church. The Abbey mortgage was taken out by all three parties, repayments are the responsibility of the Revd. Michael Standbridge and Mrs Marianne Standbridge. The Church has a Manse Fund (Restricted) set up to fund the minister’s 15% share as and when his share in the property needs to be funded – current balance of the Fund as at 31 December 2011 increased to £19,344. The Abbey Mortgage balance as at 31 October 2011 (last available statement) was £12,739 – see page 22.

7. Capital expenditure commitments

The trustees have no plans for capital expenditure commitments during 2012.

Page | 28


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