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KEYNSHAM BAPTIST CHURCH

2012 ANNUAL REPORT & ACCOUNTS

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Keynsham Baptist Church 2012

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 2012 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 9 Fund Raising Activities 13 Financial Review 14 Reserves Policy 14 Principal Funding Sources 14 Material Investments and Investment Policy 15 Plans for Future Periods 15 Statement of Trustees’ Responsibilities 15 Annual Accounts for the Year to 31 December 2012 Independent Examiner’s Report 16 Statement of Financial Activities 18 Statement of Assets and Liabilities 19 Note to financial statements 20 Sundry Accounts 23 Liabilities 24

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Annual Report for the year to 31 December 2012 The trustees are pleased to present their report together with the independently examined financial statements of the charity for the year ended 31 December 2012. 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 (resigned 13 May 2012) Mr John Bishop (appointed 13 May 2012) Treasurer Mr Malcolm Broad MBE Deacons Mrs June Drew Mrs Maureen Lindop (appointed 13 May 2012) 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 and a director of the Baptist Insurance Company plc. 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 19) 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 continue to regularly review all major strategic, business and operational risks that the church 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. The prayer life of the church continued to be an important focus in 2012 where a new prayer group was established and meeting regularly every fortnight. Prayer requests are passed to this group; prayer is on-going; feedback encouraged, and the demand ever growing. Prayer cards have been introduced and together with envelopes are available in all church rooms used by the community. Prayer trees have been an important part of prayer life particularly at the various festivals during the year. Prayer time before morning worship has continued and is encouraged. 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 & Insurance Inspection – the outworking of these two inspections continues to be addressed. The church has appointed Ken Biggs Contractors Limited to undertake most of the remedial works identified in the Quinquennial report and the church has been supported throughout the process by Adrian Male, of Adrian Male Associates, Chartered Surveyor. Thanks to a good financial outturn in 2012, the church has the necessary funding to complete all the essential works required within a twelve month period and even some of the funding required to carry out other works needed over a one to five year period. The church is however is engaged with grant making bodies which may offset some of the costs in due course. We are very grateful for the ongoing work of the Fabric Committee who carry out significant routine tasks, much of them quietly and behind the scenes. 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. Baptists believe that each Christian has a duty to share their faith with the wider public and recognises that mission is not just evangelism, but also includes promoting justice, social welfare, healing, education and peace in the world.

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

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At the end of another year in the life of Keynsham Baptist Church we give thanks and praise to 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 a 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 2012 began on Sunday 1st January with a Covenant Service where the text for the year was adopted, “Trust in the LORD with all your heart and lean not on your own understanding; in all your ways submit to him, and he will direct your paths.” Proverbs 3: 5-6. Our minister Revd. Mick Standbridge returned to work at the beginning of March on light duties after a six month illness and we were very pleased to see him back and continue to remember him and Marianne in our prayers. We thank all those who supported the church through Mick’s absence particularly those who led our Sunday morning and Tuesday evening services. During Lent the church took part in a five week talk series entitled, “The Christian Race of Lent”, organised by Churches Together in Keynsham & Saltford, and hosted by St Dunstan’s Catholic Church. The talks were very well attended and well received with different speakers each week

talking on a particular Lent theme. Lent lunches were held each Wednesday at the Victoria Methodist Church with short talks on the same Lent themes. In late March the Manor Hotel in Exmouth was again the venue for a very successful Church Weekend; the group enjoying fellowship, study, home-made entertainment, excellent food and glorious weather. Nearly six months later on 1st September, Alan Hale organised a very enjoyable coach trip to Stratford-upon-Avon, via the Cotswolds.

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The Conservative Club in Keynsham saw another highly competitive Skittles Tournament in April – just one of the fund-raising events which ranged from : a film quiz; yard sale; sale of coffee and cakes; cream teas and Pimms, and a concert in October by the highly talented female choir, ‘Miscellany’, celebrating thirty years together. In November, all rooms were again filled with activity for the Keynsham Victorian Evening. The support services were based here; the sanctuary hosted puppet shows; refreshments were served continuously in the hall, and an ever popular barbecue sold hot dogs and beef burgers in the church garden. Keynsham Music Festival: as part of Church Together in Keynsham and Saltford, a ‘Green Room’ was provided for all support services during this July half-day event, supervised by representatives from each church. Diamond Jubilee: many celebration events took place around the town including a combined thanksgiving service at St John’s Parish Church, followed by a street party in Keynsham High Street, which was very well received by the community despite the weather!

In July the church held its annual anniversary service which included a special Gift Day and Fellowship Lunch. £2,055 was raised as a result of the Gift Day, much of which has been gift aided adding a further £403.75 to the total.

Wedding of the Year! – Saturday 29th September saw the marriage of Sarah Standbridge (daughter of our Mick and Marianne Standbridge) to Jamie Skelham. A packed church witnessed and celebrated their marriage. Other fellowship meals included our Harvest celebrations, with a splendid display in church and an ever popular Harvest Supper, resulted in a wide range of tinned produce going to the housebound and the homeless, and an auction of fresh produce. A total of £502 was raised for Operation Agri.

Harvest Display

Keynsham High Street

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After a lapse our monthly Monday lunches resumed in September – the aim to provide a friendly environment and a choice of three courses at a sensible price. Food is prepared on-site and served by helpers and we are very grateful to all those who make this possible. Our Christmas fellowship dinner is rapidly becoming an institution but this year each paying guest could invite a ‘deserving’ friend for free. With the sanctuary bathed in candle-light, the deacons and helpers served a roast-turkey dinner to an appreciative throng.

The combined Christmas Day service with Victoria Methodist Church saw a packed church, and great amusement as the two ministers of each church enjoyed the children’s toys. Our Candlelight Carol Service, always a firm favourite, was a thought-provoking service looking at some of the Christmas characters through the reflective readings of Nick Fawcett. An all-age

nativity service again saw a full church with many visitors hearing the Christmas story through narration, drama and songs. In the picture our minister engages with the congregation a game of ‘pass the parcel’. Whilst we have dropped the concept of ‘First Tuesday’ services, at least for the time being, we have been fortunate to host some keynote speakers from time to time, including the Revd Dr Stephen Finamore, principal of Bristol Baptist College who gave a detailed and illustrated talk on the work of the college on 27th November. Other speakers included Cathy Adcock on the 6th November reporting on the work of Julian House, a charity we support at Harvest and Christmas. On 3rd July, Tim Stuckes, Neighbourhood Team Inspector, gave a fascinating talk on the development of police work in this country. Other talks included the work of Transition Keynsham, encouraging us all to live more sustainably. On 9th October it was great to have Nicola Pinn, Wycliffe Bible Translation with us and speaking about the situation in Mali.

We held a One World Lunch on 31st October as part of the One World Week global initiative. We had a good turn-out for a simple but nutritious meal. On 2nd November Mrs Sheila Davies, a new church member organised the Baptist Women’s World Day of Prayer.

http://www.google.co.uk/url?sa=i&source=images&cd=&cad=rja&docid=MFhhwOauj-Q50M&tbnid=gYu4NI1xPH-JsM:&ved=0CAgQjRwwAA&url=http://www.oneworldweek.org/v2/alias-8.html&ei=g6NiUYHuCYW-PPnxgKAI&psig=AFQjCNEKn24ZyyzqoDVKnYaMUSpCbY5sZA&ust=1365505283209581

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Achievements and Performance AGM & Membership The Annual General Meeting of the church took place on 13th May 2012 at which the Annual Report and Accounts were received and approved. The appointment of Edward Duffield as Independent Examiner was also approved for 2013. At the monthly Church Meeting which followed the AGM, Mrs Pat Evans resigned as church secretary and John Bishop was elected as church secretary. In addition, Mrs Maureen Lindop was elected as a new deacon to the diaconate and Daphne Putnam was re-elected for a further term of office. We are very grateful to John, Maureen and Daphne for hearing God’s call to this important service. Very grateful thanks were expressed to Pat Evans who is moving away from Keynsham to live in Devon for her terms of service to the church and particularly for the gracious way in which she carried out the role of church secretary. Sadly, a number of our members and dear friends died in 2012 and we remember them and those who continue to mourn loved ones. The members who died during the year were, Mrs Adeline Jack; Mrs Marian Leitch; Mrs Mabs Foster; Mrs Ena Cole; Mrs Venie Young and Miss Vera Standing. We were pleased to welcome into membership during the year the following new members, Mrs Sheila Davies and Mrs Judith Lynn on 2nd September 2012 and Lizzie Magnusson on 2nd December 2012, all three on profession of faith,

Our membership stands at 51 as at the end of 2012 (52 at the end of 2011). 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 2012 over 1,000 delegates from churches met together in London over two days.

Sheila Davies Judith Lynn Lizzie Magnusson

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Our minister was unable to attend this year, but Malcolm Broad attended in his role as treasurer of the Baptist Union of Great Britain to present the Annual Report and Accounts of the Baptist Union for 2011. Malcolm was also re-elected as treasurer for another year.

Young Church

Our young church has grown with another new family attending, so much so that with the wide age range we needed additional help. Malcolm Kinch has offered to help us and we are delighted to welcome him to work the older children. We still meet altogether at the beginning especially for any singing, but it will make it easier for the current leaders to teach similar aged children. Whatever the ages of the children are, we continue to teach the love of Jesus Christ and all the Biblical stories in a safe and

happy atmosphere. The children enjoy learning new songs as well as the story telling and various activities. We are grateful for the new TV and DVD player which enables us to use other teaching methods for the benefit of our children. 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 by 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. 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. 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.

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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 2012 at £3,860 but the outturn was a surplus of £9,146 a quite remarkable achievement and we give thanks to God for the generosity and support given to us during the year. Our income in 2012 rose by 2.03% compared with the income received in 2011 no mean achievement in these recessionary times. In the 2012 budget we asked the congregation to increase offerings by 1% - we actually increased offerings by 4% so a huge thank you to our church members, members of the congregation and visitors who made this possible. Our premises continue to be popular amongst community groups and our income rose from £17,770 to £18,909 in 2012, an increase of 6.41% and we give thanks to Daphne Putnam who faithfully looks after our room hirers and all those who look after the premises week by week. The finance results have provided a much needed increase in our reserves to meet the conditions of our reserves policy and also to meet most of the costs associated with thee remedial work required as a result of 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.

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Connected Charities

Craft Group ‘Crafts at KBC’ continues to flourish and grow. It is a warm, friendly group meeting on alternate Tuesdays from 2pm to 4pm. The group decorated a tree at the Parish Church Christmas Tree Festival where members hand-made all the decorations. Successful in their application to Keynsham Arts Council for a grant, the group was awarded £500. Equipment for die cutting and embossing was purchased and has already been well used by the members. Demonstrations continue on a variety of topics within a stitch and paper crafting remit, and members share their own expertise with each other.

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. Our aim is to ensure everyone is welcomed and newcomers are not left to feel isolated. As well as a different craft activity every week there is a story and singing time. Tea & Tots is always very well attended with around 30 children attending a morning session. Highlights

Christian celebrations – There were four short celebration times this year, (during part of the normal session times). These were at Easter, Summer, Harvest & Christmas, with the Christmas one being the most popular. The children enjoy the singing and an interactive story. Teddy Bears’ Picnic – held in the park in July and, as usual, the weather was good. Everyone contributed food and a few games were played. A good time was had by all. Grant from the Town Council – a grant of £250 was kindly allocated to us from the Town Council towards some new equipment. Photographer – we had quite a few new babies in September this year so they were keen to have photos taken. It is also a useful fund-raising event. 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.

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Homemakers Homemakers meet every other Wednesday and offer a warm and friendly welcome to all. We have a membership of 28 with an average attendance of 20-25. We have spent memorable evenings together with many interesting, amusing, inspiring and informative speakers, such as Kathy Miller who runs the Neem Tree Trust telling us about boys at the Leprosy Hospital in India. An informative evening with Tim Ryan talking about the Severn Princess at Aust Ferry. Also Rob Davies who talked about Search and Rescue Aid in Disasters (SARAID) this is to be our charity next year. An amusing talk from the lovely Susan Marshfield on “Thank you Doctor” who always makes us laugh! An amazing 25 year old girl, Annie Syrett, shared how she works with the street children in Bolivia, actually sleeping in the street with children as young as five. Just a few of our enjoyable evenings together. Our summer outing was well supported when we visited Oakham Treasures, an interesting treasure of memorabilia enjoyed by all and of course tea, coffee and cakes finished the evening well. Our fund raising event this year was for The Neem Tree Trust and our Church (KBC). Through our fund raising events which included summer coffee evenings, a Cheese and Wine evening in November, sale of cards etc., we managed to raise £1,000. The Church was presented with a cheque for £500 and The Neem Tree Trust was presented with £500 plus a cheque for a further £1,000 which Margaret Barnes applied for on our behalf, from a Charity Trust through NatWest Bank. Homemakers is in its 44th year, our motto is “Friendship and Fellowship Together”. Programmes of dates and times are available in the church foyer, please take one and come along.

Baptist Women’s League On Thursday afternoons, and now in Room 3, a group of ladies share a warm and supportive fellowship with hymns, talks and the all-important tea and biscuits. The usual attendance is 12 to 15 and from these a donation of £800 was made to various charities in 2012. During the year, in addition to the varied talks each week, we had a Cream Tea with a quiz to celebrate the Queen’s Diamond Jubilee; a visit to the park at Knowle; and enjoyed decorating candles for the BWL tree in the Christmas Tree Festival at St John’s Parish Church. Our meeting’s starts at 2.30pm and, as this group has been running for nearly eighty years, we must be doing something right! Please come and join us; you will be made very welcome.

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.

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Fund Raising Achievements & Performance Actual 2012 Budget 2012 Actual 2011

Coffee Mornings (Gross Income) 5,142 5,000 4,767

Other Fund Raising Activities (Gross Income) 3,154 3,000 3,315

Less: Fund Raising Costs (638) (750) (585)

Net Fund Raising Income 7,658 7,250 7,497

The table below sets out the achievement and performance of fund raising activities during 2012. The results for 2012 show an over-achievement of 5.63% compared to the budget.

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 £13,500. The surplus beyond this figure is to be used to fund remedial repairs to the church buildings following the recent Quinquennial Inspection. 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 £24,141 compared with £23,211 in 2011, an increase of 4.01%. In addition

at the Church Anniversary we gave an opportunity to make a special gift, as a result of which

we raised an additional £2,055 some of which was gift aided which raised a further £403.75.

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

The cost of stipend, national insurance and pension costs in 2012 was £24,573. 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 2012 was £18,909 compared with £17,770 in 2011, up by 6.41%. 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 £7,658 (net) compared with £7,497 (net) in 2011. The increase was mostly down

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to the sale of cards sold during the year. We are very grateful for all the volunteers and

supporters who 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 2012 at £5,966 (£5,459 – 2011) an increase of £507. 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 2012 was £257 (2011 - £250). 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.

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

Plans for Future Periods Plans for 2013 include a further Lent series of studies and further bible reflection at our Tuesday evening services. We continue to explore different ways of worshipping, from quiet reflection and prayer; music and song; and inviting guest speakers. Much attention will need to be given towards various repairs and maintenance that are required as a consequence of the Quinquennial Inspection and the church will explore ways of meeting the costs not only from existing funds but also from possible grants that may be available to us. 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.

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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 12 May 2013

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 2012 on pages 18 to 24. 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;

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

(under section 145(5)(b) of the 2011 Act; and

to state whether particular matters have come to my attention.

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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 you as 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 2011 Act; and

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

requirements of the 2011 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.

................................................................ Mr Edward Duffield Independent Examiner Associate of the Chartered Institute of Bankers Retired Regional Director, Barclays Bank & former Treasurer of Bristol Baptist College 11 Kingsmill Stoke Bishop Bristol BS9 1BZ 12 May 2013

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Unrestricted

Funds

Restricted

Funds

Endowment

Funds

2012 Total 2011 Total

Notes

Receipts

Donations, legacies & other similar receipts (2a) 35,693 2,518 38,211 37,118

Operating activities to further charity's objects (2b) 1 2,430 2,431 2,696

Operating actvities to generate funds (2c) 27,828 - 27,828 27,188

Investment income receipts (2d) 21 - 257 278 276

Sub-Total 63,543 4,948 257 68,748 67,278

Other receipts (2e) - - 101

Total Receipts 63,543 4,948 257 68,748 67,379

Payments

Payments for generating funds (2f) 882 - 882 1,006

Charitable Payments:

Grants paid (2g) - 7,236 7,236 6,058

Charitable activities (2h) 42,890 2,509 45,399 44,921

Management and administration (2i) 5,923 - 5,923 6,345

Sub-Total 49,695 9,745 - 59,440 58,330

Other payments (2j) 162 - 162 440

Total Payments 49,857 9,745 - 59,602 58,770

Net of Receipts/(Payments) 13,686 (4,797) 257 9,146 8,609

Gross Transfers between funds (5,962) 6,219 (257) - -

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

Cash funds carried forward at 31 December 2012 23,667 21,322 0 44,989 35,843

Statement of financial activities (including receipts and payments account) for the year to 31 December 2012

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 23,452 506 - 23,958 14,833

HSBC Bank plc - Deposit account 186 - - 186 186

CafCash Limited - 20,816 - 20,816 20,795

Cash 29 - - 29 29

Sub-Total 23,667 21,322 - 44,989 35,843

Cash 37 - - 37 14

HSBC Bank plc 462 - - 462 397

LloydsTSB 768 1,055 - 1,823 2,259

24,934 22,377 - 47,311 38,513

Represented by:-

General Fund (Unrestricted) 19,215 - - 19,215 13,343

Contingency Fund (Designated) 4,452 - - 4,452 2,600

Mission Fund (Restricted) - - - - -

Church Weekend (Restricted) - 478 - 478 556

Manse Fund (Restricted) - 20,844 - 20,844 19,344

Sub-Total 23,667 21,322 - 44,989 35,843

Baptist Women's League 236 - - 236 347

Craft Group 177 - - 177 175

Homemakers 355 1,055 - 1,410 1,737

Tea 'n' Tots 499 - - 499 411

24,934 22,377 - 47,311 38,513

Other Monetary Assets

- - - - -

- - - - -

Investment Assets

574.28 COIF Charities Investment Fund Inc. Shares 5,966 5,966 5,459

- - 5,966 5,966 5,459

Assets Retained for the Charity's Own Use

Freehold properties known as:- (5)

Keynsham Baptist Church, High Street, Keynsham - 1,057,457 - 1,057,457 1,045,941

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

Furniture, fixtures &fittings, equipment (5) - 168,088 - 168,088 166,362

- 1,414,564 - 1,414,564 1,401,322

Liabilities (6)

West of England Baptist Trust Company (West) Ltd (Abbey) 7,173 - 7,173 12,740

(Balance quoted as at 08/11/2012) - 7,173 - 7,173 12,740

Statement of Assets & Liabilities at 31 December 2012 For the financial year ended 31 December 2012

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

Page | 20


Notes to the financial statements for the year ended 31 December 2012 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.

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

use the income for general purposes.

Page | 21



General Designated Mission Church

Weekend Manse

Receipts

(a) Donations, legacies & Other similar receipts

Donations - Gift Aid 2,441 2,441 3,079

Donations 2,175 852 3,027 2,394

Legacies 1,000 1,000 1,000

Offerings:-

Gift Aid 19,186 19,186 18,340

Envelope Scheme 927 927 702

Loose Cash 4,028 4,028 4,169

Tax Refund 5,084 5,084 5,031

Grants received - 700

Baptist Missionary Society

Birthday Scheme 241 241 181

Boxes 332 332 499

Other 155 155 166

Home Mission

Boxes 284 284 351

Other 96 96 87

Operation Agri

Donations 42 42 135

Other 473 473 176

Other Causes 895 895 108

33,841 1,852 2,518 - - 38,211 37,118

(b) Operating activities to further charity's objects

Church Weekend 2,431 2,431 2,305

Sundries

Other 0 0 391

0 - - 2,431 - 2,431 2,696

(c) Operating activities to generate funds

Fund Raising:-

Bookstall 44 44 214

Crafts - -

Coffee Mornings 5,142 5,142 4,767

Events & Other 3,155 3,155 3,315

Monday Lunches 578 578 1,122

Premises Hire 18,909 18,909 17,770

27,828 - - - - 27,828 27,188

(d) Investment income receipts

Dividends - -

Interest 21 - - - 21 21

21 - - - - 21 21

(e) Other receipts

- - - - - 101

- - - - - - 101

Unrestricted Funds Restricted Funds

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

Coffee Mornings 542 542 585

General 340 340 212

882 - - - - 882 1,006

(g) Grants paid

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

Home Mission - 3,200 3,200 2,800

Operation Agri - 1,350 1,350 1,300

Other causes - 1,337 1,337 608

- - 7,237 - - 7,237 6,058

(h) Charitable activities

Payroll:-

Stipend 18,050 18,050 17,753

National Insurance 1,647 1,647 1,667

Pension contributions 4,876 4,876 4,090

Travel expenses 341 341 1,089

Book allowance 94 94 195

Conferences, training 188 188 650

Healthcare 220 220 240

Sabbatical - -

Wages - Domestic 2,535 2,535 2,425

Visiting Ministry 909 909 669

Church Fabric:-

Repairs & maintenance 2,644 2,644 1,985

House expenses 381 381 527

Insurance 1,452 1,452 1,438

Light, heat & rates 4,014 4,014 3,724

Equipment 767 767 1,679

Manse Fabric:-

Repairs & maintenance 171 - 171 181

Insurance 246 246 225

Light, heat & rates & council tax 3,641 3,641 3,477

Young Church 356 356 227

Church Weekend 2,509 2,509 2,260

Hospitality 298 298 209

Training, conferences & seminars 60 60 235

Sundry payments 0 (24)

42,890 - - 2,509 - 45,399 44,921

(i) Management and administration

Church office, inc. Stationery & postages 687 687 845

Telephone - Church & Manse 717 717 785

Photocopier - leasing 2,268 2,268 1,724

Photocopier - consumables 888 888 879

Advertising & Website 223 223 957

Insurance 136 136 125

Professional fees 256 256 256

Subscriptions 748 748 727

Other - - 47

5,923 - - - - 5,923 6,345

(j) Other payments 162 162 366

- 74

162 - - - - 162 440

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 2,648 10 2,658 2,166

Operating activities to further charity's objects 46 46 -

Operating activities to generate funds 234 1,194 1,428 1,702

Investment income receipts 0 0 -

Sub-Total 2,928 1,204 - 4,132 3,868

Other receipts 23 - 23 -

Total Receipts 2,951 1,204 - 4,155 3,868

Payments

Payments for generating funds 157 208 - 365 271

Charitable Payments:-

Grants paid 1,627 1,300 - 2,927 3,005

Charitable activities 1,196 - - 1,196 735

Management and administration - - - 6

Sub-Total 2,980 1,508 - 4,488 4,017

Other payments 15 - - 15 -

Total Payments 2,995 1,508 - 4,503 4,017

Net of Receipts/(Payments) (44) (304) - (348) (149)

Gross Transfers between funds 50 (50) - - -

Cash funds brought forward 31 December 2011 1,262 1,408 - 2,670 2,819

Cash funds carried forward 31 December 2012 1,268 1,054 - 2,322 2,670

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.

4. Tax Reclaim on Donations – Gift Aid

Income received from tax claim was £5,487.48 for Unrestricted Funds compared with £5,330.68

in 2011.

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.

Page | 24


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 2012 increased to £20,844. The Abbey Mortgage balance as at 8 November 2012 (last available statement) was £7,172.88 – see page 19. Since the year end the mortgage has been completely repaid.

7. Capital expenditure commitments

The trustees have no plans for capital expenditure commitments during 2013 other than the remedial repair and maintenance works identified by the Quinquennial Inspection.

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