2024-12-30-accounts - Community Baptist London

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COMMUNITY BAPTIST LONDON

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30[TH] DECEMBER 2024

CHARITY NUMBER: 1124514

COMMUNITY BAPTIST LONDON 104 BARLBY ROAD LONDON W10 6DB

INDEX Page Legal & Administrative Details 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7-11

COMMUNITY BAPTIST LONDON

LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 30[TH ] DECEMBER 2024

ADDRESS FOR CORRESPONDENCE

104 BARLBY ROAD LONDON W10 6DB

REGISTERED CHARITY NUMBER

1124514

GOVERNING DOCUMENT DECLARATION OF TRUST 6[TH] MAY 2008.

TRUSTEES/ DIRECTORS

Rev Israel Cruz Mrs Esmeralda Fernandes Cruz Ms Claudia Benedito Thais Fernandes Barbosa Philipe Almeida Rocha

PRINCIPAL BANKERS

BARCLAYS BANK 137 LADDBROKE GROVE NOTTING HILL W11 1PR

INDEPENDENT EXAMINER

FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH

COMMUNITY BAPTIST LONDON

TRUSTEES’ REPORT YEAR ENDED 30[TH] DECEMBER 2024

The trustees are pleased to present their report for the year ended 30[th] December 2024 for the charity, Community Baptist London with charity number 1124514.

The Trustees of the charity are: Rev Israel Cruz Mrs Esmeralda Cruz Ms Claudia Benedito Thais Fernandes Barbosa Philipe Almeida Rocha

The principal address of the charity is : 104 Barlby Road London W10 6DB

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity governing document is a declaration of trust that was executed 6[th] May 2008 .The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position.

OBJECTIVES AND ACTIVITIES

The Objects of the organisation are first to advance the Christian faith in accordance with the statement of beliefs for the benefit in the United Kingdom and in such other parts of the world as the trustees may think fit from time to time. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake.

ACHIEVMENTS AND PERFORMANCE

The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles of the Christian faith. The church also continued to support its Christian outreaches in the community. The organisation continues to see an increase in its membership as its events and outreaches continues to have a positive impact in the community. The charity also continues to run work place pension for its employees in the financial year.

FINANCIAL REVIEW

The income of the charity is above £92,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. The church is currently saving for the purpose of purchasing worship premises in the future and has a good amount in its reserves.

PLANS FOR THE FUTURE

The church intends to continue to host its regular weekly services in UK. The church has no debt liability and is a going concern. The intended re-appointment of our present independent examiner at the upcoming trustee meeting is expected to support the financial operations by making it more effective.

RESERVE POLICY

It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure .This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year.

RISK MANAGEMENT

The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks.

TRUSTEE RESPONSIBILITIES

Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to:

Select suitable accounting policies and apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the applicable accounting standards have been followed.
Prepare financial statements on an ongoing basis.

They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities.

Approved by the Trustees on 17[th] October 2025 and signed on their behalf by:

Independent Examiner’s Report To the Trustees

COMMUNITY BAPTIST LONDON

I report on the accounts of the church for the year ended 30[th ] December 2024 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.

Respective responsibilities of trustees and examiner

The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to :

Examine the accounts under section 145 of the 2011 Act.
Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act.
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 Commissioners. An examination includes a review of the accounting records kept by the church 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention;

(1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that:
proper accounting records are kept( in accordance with section 130 of the 2011 Act
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or
(2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Chuks Ajuka BSc(Man), FICB PM.Dip FRESH FIRE ORGANISATION Generator Business Centre 95 Miles road Mitcham Surrey CR4 3 FH

COMMUNITY BAPTIST LONDON

Statement of Financial Activities for the year ended 30th December 2024

		Unrestricted	Total Funds
		Funds	2024	2023
Incoming Resources from	Note	£	£
generated funds
Donations and Legacies	11	92557	92557	101521
Investment income		0	0	0
		92557	92557	101521
Other Income
Other		0	0	0
Total Incoming		92557	92557	101521
Resources
Resources Expended
Charitable activities in furtherance of objectives
Charitable Activities	3	87,890	87,890	90104
Other	4	788	788	787
		______
Total Resources		88,678	88,678	90891
Expended		______
Net movement in funds		3,879	3,879	10630
Reconciliation of Funds
Total Funds brought forward		114853	114853	104223
Total Funds carried forward		118,732	118,732	114853

The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above.

The notes on the accounts form part of these accounts.

COMMUNITY BAPTIST LONDON Balance Sheet as at 30th December 2024

Note 2024 Fixed Assets £ Tangible fixed assets 2 28598 _ 28598 _ Current Assets Cash at bank and 77145 in hand Debtors & prepayment 6 13489 90634 Creditors:amounts falling due within one year Creditors & accruals 5 500 _ Net Current Assets 90134 _ Net Assets 118732 Unrestricted Funds General Fund 118732 TOTAL FUNDS 118732	2023 35748
	35748
	65202 14402
	79604 499 _ 79105 _ 114853 114853
	114853

Approved by the trustees on 17th October 2025 and signed on their behalf:

COMMUNITY BAPTIST LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[th] DECEMBER 2024

1.1 Basis of Accounting

These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014.

1.2 Going Concern: The accounts are prepared on a going concern basis.

1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted.

1.4 No changes to the accounting estimates have occurred in the reporting period

1.5 No material prior year error have been identified in the reporting period.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

The charity becomes entitled to resources;
It is more likely than not that the trustees will receive the resources;
The monetary value can be measured with sufficient reliability.

Grants and Donations

Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP)

Tax reclaim on donations and gifts

Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Grants and Support Costs

Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

COMMUNITY BAPTIST LONDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30[TH] DECEMBER 2024

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

ASSETS

Tangible Fixed Assets for use by the charity

They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method.

Debtors

Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash.

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COMMUNITY BAPTIST LONDON
Notes to the accounts for year ended 30th December 2024
2 Tangible Fixed Assets
Fix & Fitts Instrument Vehicle Equipment Total 2024
Cost £ £ £ £ £
At 01/01/2024 5286 13732 15205 29335 63558
Additions 0 0 0 0 0
Disposal
At 30/12/2024 5286 13732 15205 29335 63558
Depreciation
At 01/01/2024 2681 4503 3041 17585 27810
charge for the year 521 1846 2433 2350 7150
Disposal
At 30/12/2024 3202 6349 5474 19935 34960
Net Book Value
30/12/2024 2084 7383 9731 9400 28598
01/01/2024 2605 9229 12164 11750 35748
3 Cost of Activities in furtherance of Charity's Objectives
£/2024 £/2023
Admin 0 202
Travel & Substitence 1548 955
Hire of Hall 12200 16400
Telephone & Internet 851 934
Bank Charges 32 32
Wages 37122 39930
Rates 1938 1890
Hospitality 550 1707
Light & Heat 1372 1509
Stationary 0 13
Welfare 537 700
Pension 4032 3082
Maintenance 1118 0
Sundry 0 2280
Event costs 4650 0
Tax/NI 6066 4618
Insurance 1040 706
Supplies 0 2420
Depreciation 7150 8937
Music accessories 7392 3953
Subscription 292 136
Professional fees 0 0
Total 87890 90404
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COMMUNITY BAPTIST LONDON Notes to the accounts for year ended 30th December 2024

4 Other

Other
	2024/£	2023/£
Church Events	0	0
Charity donation	0	0
Mission donation	0	0
Accounting services	788	787
Vehicle expenses	0	0
Total	788	787

There was 2 employee during the financial year. No employee earned more than £30,000 during the year.

	2024/£	2023/£
Salary	37122	39930
Social Security	6065	4618
Total	43187	44548

5 Creditors: amounts falling due within one year

		2024/£	2023/£
	Accounting Services	500	499
	Creditors	0	0
	Total	500	499
6	Debtors and Prepayments	2024/£	2023/£
	Tax recoverable	13489	14402

Trustee remuneration

The trustees Israel and Esmeralda Cruz were paid £37122 for services to the organisaton as pastor of the church through a PAYE scheme.

COMMUNITY BAPTIST LONDON

Notes ot the accounts for the year ended 31st December 2024

10 ANALYSIS OF INCOME ACCOUNTS

F INCOME ACCOUNTS
Donations and Legacies Church Events Music Refund and Equipment sold Total received	2024/£ 86978 5199 380
	92557