This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From: January 2024 Period start date To: December 2024 Period end date

Charity name: Edmonton Baptist Church

Charity registration number: 1128147 (formally registered in February 2010)

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	In accordance with the church constitution, the principal purpose of Edmonton Baptist Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The main activities of the church are wide and varied including, public Corporate Worship which includes preaching and teaching; Communion (Lords Supper); Evangelism and outreach mission; discipleship; education and training; pastoral care; social action; encouraging relationship building and supporting Baptist ministry and other Christians.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Contribution made by Para 1.38 volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Church Life Edmonton Baptist Church is a vibrant, urban multi-ethnic evangelical congregation with a membership of around 266. On a wider front the church is a member of the London Baptist Association, the Baptist Union of Great Britain and the Evangelical Alliance. Our membership divides into three equal groups; the Caribbean, African (mainly Ghanaian & Nigerian) with the remainder including people from a vast number of nationalities and ethnicities. Leadership In keeping with Baptist tradition and practice, the ultimate congregational leadership is vested in the Church Meeting. The Church membership continue to meet regularly to discern the will of the Lord for the congregation. Members Meetings are held six times per year. Members Meetings are well attended and focus on matters pertaining to the running of the church, where reports are received and programs approved. The day to day running of the church is vested in the deaconate (constitutionally deemed the leadership of the church) and the staff. The Church Executive has given due regard to the Charity Commissions’ guidance on public benefit. During this year the church has continued to carry out the following activities in order to promote the gospel in the local neighbourhood and beyond. Worship The church has two services every Sunday at 9am and 11am. The 11am service is adult and child friendly; alongside the main worship we cater for a Sunday School which caters for approximately 25 children and young people divided into age groups ranging from 5-18. The children are served by a team of dedicated leaders and

volunteers who provide Bible teaching in
exciting ways.
The service at 1.30pm is a small one
catering to French speaking people. The
majority of visitors to this service are from
the Democratic Republic of Congo.
The evening service at 7.30pm is for a large
local Turkish/Bulgarian community. This
service is for Turkish speaking Christians
and is led as part of our outreach work by a
partnership with London City Mission on a
rental/lease arrangement. The service is
evangelical in style and well attended by
extended family groups.
All services at Edmonton Baptist Church are
centred on Bible teaching. We are
committed to explaining the Bible in ways
that enable people to see its plain meaning
so that they may be empowered to follow
Jesus and to walk in the ways of the Lord
faithfully, in meaningful discipleship.
Additionally special worship events take
place in keeping with the Christian calendar
with examples such as;
• Watch night service (to re-commit
our lives to Christs service at the
start of the new year)
• Christmas, Easter, Pentecost and
Thanksgiving services
• Weddings, Baptism (full immersion)
and Funeral services for members,
their families and the wider
community.
Ecumenical
From time to time the church joins with
members of other churches in borough wide
evangelistic activities. We have a strong
partnership with the local Methodist church
and Anglican Church, taking part in
fundraising and community outreach events.
Evangelism and Mission
Edmonton Baptist Church is committed to
mission both local and global. At the local
level the church holds regular worship
services through which the church carries
out evangelism and pastoral outreach to the
community. The ‘Step by Step’ club for the
homeless delivers practical help relating to
people’s needs.
On the global front the church supports
BUGB, BMS World Mission as well as other
local and global ministries. Other outreach
activities include a highly successful Pre-
School (run by a separate registered charity)
with two sessions of children every day from
Monday to Friday. The Brownies and Guides

are approaching their 95thyear at the	are approaching their 95thyear at the
church. We also run a Gospel Book Table
outside	the church to reach out to the people
of Edmonton who want to know more about
our faith. Additional activities include;
•	Seasonal outreach events like our
	‘Gospel Outreach Day’ that included
	live music ministry, preaching and a
	fun day of activities for children.
•	A weekly lunch club for our members
	and local community, serving a hot
	meal and various craft and social
	activity for vulnerable adults
•	The Women of Faith Ministry which
	meets monthly and organises
	support activities for Christian
	women of faith (and none). The
	group plans and carries out
	charitable activities such as lunches
	and social events for the church.
	They also raise funds via cake &
	craft sales for example.
•	English classes for members of the
	community who do not speak
	English as their first language. This
	group are taught English by
	volunteers in the church. Activities
	include crafts, reading and learning
	to be citizens through cultural
	enrichment in Edmonton.
•	There are weekly prayer meetings
	for those wanting prayer on Monday
	evenings. These meetings are
	smaller and more dynamic in
	worship style. A team of volunteer
	members and our Evangelism
	Outreach Minister manages this on a
	weekly basis.
•	The church continues its partnership
	with Mill Gove and gives away all
	produce from our harvest Service to
	this charity in Chingford, East
	London.
•	We continue to maintain an online
	Service at 11am on Sundays for
	members who cannot come into the
	building due to ill health or disability.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other		Our Lead Minister Reverend Stephen Peake retired in August 2024. The church will be engaging in finding a new Lead Minister in the coming year.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Although the charity did not engage in any fundraising activities, we received donations in the year January 2024 - December 2024 resulted in incoming resources of £282184.27 plus restricted fund of £286,348.52. Total expended for the period were £286345.05. The charity can report a deficit of £4,160.78. Roughly the same is expected for the coming year dependent on membership giving plus there are no major future plans on new developments.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity keeps an operational reserve as unrestricted funds set aside to cover at least six months operational cost including redundancy package in case the organisation is dissolved.
Amount of reserves held	Para 1.22	The amount £286,348.52 in fixed deposit account and £42,457.65 in general account reserve.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		CONSTITUTION
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	ELECTED BY MEMBERS
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Edmonton Baptist Church
Other name the charity uses	N/A
Registered charity number	1128147
Charity’s principal address	The Green, Monmouth Road, Edmonton, N9 0LS www.edmontonbaptist.org.uk

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Rev. Stephen Peake	Senior Minister/Trustee	Retired from office post August 2024
William Clark	Evangelism Outreach Minister/Trustee	Full year
Isaac Ameyaw	Youth Worker	Retired April 2024
George Blake	Deacon/Trustee	# Retired November 2024
Joycelyn Dehaney	Deacon/Trustee	# Retired November 2024
Nadine Campbell- Simms	Deacon/Trustee	# Retired November 2024
Neil Amaning- Ampong	Deacon/Trustee	Appointed November 2024
Margaret Ampofo- Anti	Deacon/Trustee	Appointed November 2024
Sheila Barker	Deacon/Trustee	Appointed November 2024
Sabrina Dalzine	Deacon/Trustee	Resigned 19thMay2025
Lynn Dunkley	Deacon/Trustee	Appointed November 2024
Adetutu De-Draco	Deacon/Trustee	Resigned 3rdJuly2025
Christine Geohagen	Deacon/Trustee	Appointed November 2024
Elizabeth Hamlin	Deacon/Trustee	Appointed November 2024
Helen Kiafuca	Deacon/Trustee	Resigned 3rdJuly2025
Ruth Watson	Deacon/Trustee	Appointed November 2024

= retired from deaconate after serving a full term

– Corporate trustees names of the directors at the date the report was approved

Director name
William Clark	Evangelism Pastor
Neil Ammaning-Ampong	Trustee
Margaret Ampofo-Anti	Trustee
Sheila Barker	Trustee
Lynn Dunkley	Trustee
Adetutu De-Draco	Trustee
Christine Geohagen	Trustee
Elizabeth Hamlin	Trustee
Helen Kiafuca	Trustee
Ruth Watson	Trustee

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
London Baptist Property Board	Holding Trustees

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	Tangible fixed assets are as follows • The church land and buildings • The church manse properties (3) 74 Stanley Road, N9 9AB 19 Cyprus Road, N9 9PG _78 King Edwards Road, N9 7R_P • Furniture, fittings, resources and equipment in said properties
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Trustees’ Annual Report for the period

From: January 2024 Period start date To: December 2024 Period end date

Charity name: Edmonton Baptist Church

Charity registration number: 1128147 (formally registered in February 2010)

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	In accordance with the church constitution, the principal purpose of Edmonton Baptist Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The main activities of the church are wide and varied including, public Corporate Worship which includes preaching and teaching; Communion (Lords Supper); Evangelism and outreach mission; discipleship; education and training; pastoral care; social action; encouraging relationship building and supporting Baptist ministry and other Christians.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

Contribution made by Para 1.38 volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Church Life Edmonton Baptist Church is a vibrant, urban multi-ethnic evangelical congregation with a membership of around 266. On a wider front the church is a member of the London Baptist Association, the Baptist Union of Great Britain and the Evangelical Alliance. Our membership divides into three equal groups; the Caribbean, African (mainly Ghanaian & Nigerian) with the remainder including people from a vast number of nationalities and ethnicities. Leadership In keeping with Baptist tradition and practice, the ultimate congregational leadership is vested in the Church Meeting. The Church membership continue to meet regularly to discern the will of the Lord for the congregation. Members Meetings are held six times per year. Members Meetings are well attended and focus on matters pertaining to the running of the church, where reports are received and programs approved. The day to day running of the church is vested in the deaconate (constitutionally deemed the leadership of the church) and the staff. The Church Executive has given due regard to the Charity Commissions’ guidance on public benefit. During this year the church has continued to carry out the following activities in order to promote the gospel in the local neighbourhood and beyond. Worship The church has two services every Sunday at 9am and 11am. The 11am service is adult and child friendly; alongside the main worship we cater for a Sunday School which caters for approximately 25 children and young people divided into age groups ranging from 5-18. The children are served by a team of dedicated leaders and

volunteers who provide Bible teaching in
exciting ways.
The service at 1.30pm is a small one
catering to French speaking people. The
majority of visitors to this service are from
the Democratic Republic of Congo.
The evening service at 7.30pm is for a large
local Turkish/Bulgarian community. This
service is for Turkish speaking Christians
and is led as part of our outreach work by a
partnership with London City Mission on a
rental/lease arrangement. The service is
evangelical in style and well attended by
extended family groups.
All services at Edmonton Baptist Church are
centred on Bible teaching. We are
committed to explaining the Bible in ways
that enable people to see its plain meaning
so that they may be empowered to follow
Jesus and to walk in the ways of the Lord
faithfully, in meaningful discipleship.
Additionally special worship events take
place in keeping with the Christian calendar
with examples such as;
• Watch night service (to re-commit
our lives to Christs service at the
start of the new year)
• Christmas, Easter, Pentecost and
Thanksgiving services
• Weddings, Baptism (full immersion)
and Funeral services for members,
their families and the wider
community.
Ecumenical
From time to time the church joins with
members of other churches in borough wide
evangelistic activities. We have a strong
partnership with the local Methodist church
and Anglican Church, taking part in
fundraising and community outreach events.
Evangelism and Mission
Edmonton Baptist Church is committed to
mission both local and global. At the local
level the church holds regular worship
services through which the church carries
out evangelism and pastoral outreach to the
community. The ‘Step by Step’ club for the
homeless delivers practical help relating to
people’s needs.
On the global front the church supports
BUGB, BMS World Mission as well as other
local and global ministries. Other outreach
activities include a highly successful Pre-
School (run by a separate registered charity)
with two sessions of children every day from
Monday to Friday. The Brownies and Guides

are approaching their 95thyear at the	are approaching their 95thyear at the
church. We also run a Gospel Book Table
outside	the church to reach out to the people
of Edmonton who want to know more about
our faith. Additional activities include;
•	Seasonal outreach events like our
	‘Gospel Outreach Day’ that included
	live music ministry, preaching and a
	fun day of activities for children.
•	A weekly lunch club for our members
	and local community, serving a hot
	meal and various craft and social
	activity for vulnerable adults
•	The Women of Faith Ministry which
	meets monthly and organises
	support activities for Christian
	women of faith (and none). The
	group plans and carries out
	charitable activities such as lunches
	and social events for the church.
	They also raise funds via cake &
	craft sales for example.
•	English classes for members of the
	community who do not speak
	English as their first language. This
	group are taught English by
	volunteers in the church. Activities
	include crafts, reading and learning
	to be citizens through cultural
	enrichment in Edmonton.
•	There are weekly prayer meetings
	for those wanting prayer on Monday
	evenings. These meetings are
	smaller and more dynamic in
	worship style. A team of volunteer
	members and our Evangelism
	Outreach Minister manages this on a
	weekly basis.
•	The church continues its partnership
	with Mill Gove and gives away all
	produce from our harvest Service to
	this charity in Chingford, East
	London.
•	We continue to maintain an online
	Service at 11am on Sundays for
	members who cannot come into the
	building due to ill health or disability.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set

Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other		Our Lead Minister Reverend Stephen Peake retired in August 2024. The church will be engaging in finding a new Lead Minister in the coming year.

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Although the charity did not engage in any fundraising activities, we received donations in the year January 2024 - December 2024 resulted in incoming resources of £282184.27 plus restricted fund of £286,348.52. Total expended for the period were £286345.05. The charity can report a deficit of £4,160.78. Roughly the same is expected for the coming year dependent on membership giving plus there are no major future plans on new developments.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The charity keeps an operational reserve as unrestricted funds set aside to cover at least six months operational cost including redundancy package in case the organisation is dissolved.
Amount of reserves held	Para 1.22	The amount £286,348.52 in fixed deposit account and £42,457.65 in general account reserve.
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	None
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

Additional information (optional)

You may choose to include further statements where relevant about:


The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		CONSTITUTION
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	ELECTED BY MEMBERS
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Edmonton Baptist Church
Other name the charity uses	N/A
Registered charity number	1128147
Charity’s principal address	The Green, Monmouth Road, Edmonton, N9 0LS www.edmontonbaptist.org.uk

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Rev. Stephen Peake	Senior Minister/Trustee	Retired from office post August 2024
William Clark	Evangelism Outreach Minister/Trustee	Full year
Isaac Ameyaw	Youth Worker	Retired April 2024
George Blake	Deacon/Trustee	# Retired November 2024
Joycelyn Dehaney	Deacon/Trustee	# Retired November 2024
Nadine Campbell- Simms	Deacon/Trustee	# Retired November 2024
Neil Amaning- Ampong	Deacon/Trustee	Appointed November 2024
Margaret Ampofo- Anti	Deacon/Trustee	Appointed November 2024
Sheila Barker	Deacon/Trustee	Appointed November 2024
Sabrina Dalzine	Deacon/Trustee	Resigned 19thMay2025
Lynn Dunkley	Deacon/Trustee	Appointed November 2024
Adetutu De-Draco	Deacon/Trustee	Resigned 3rdJuly2025
Christine Geohagen	Deacon/Trustee	Appointed November 2024
Elizabeth Hamlin	Deacon/Trustee	Appointed November 2024
Helen Kiafuca	Deacon/Trustee	Resigned 3rdJuly2025
Ruth Watson	Deacon/Trustee	Appointed November 2024

= retired from deaconate after serving a full term

– Corporate trustees names of the directors at the date the report was approved

Director name
William Clark	Evangelism Pastor
Neil Ammaning-Ampong	Trustee
Margaret Ampofo-Anti	Trustee
Sheila Barker	Trustee
Lynn Dunkley	Trustee
Adetutu De-Draco	Trustee
Christine Geohagen	Trustee
Elizabeth Hamlin	Trustee
Helen Kiafuca	Trustee
Ruth Watson	Trustee

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
London Baptist Property Board	Holding Trustees

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	Tangible fixed assets are as follows • The church land and buildings • The church manse properties (3) 74 Stanley Road, N9 9AB 19 Cyprus Road, N9 9PG _78 King Edwards Road, N9 7R_P • Furniture, fittings, resources and equipment in said properties
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Annual Report and Financial Statements 31 December 2024

Charity Registration Number: 1128147

www.edmontonbaptist.org.uk

Tandem Accounting Limited Chartered Accountants 17 Heathville Road London N19 3AL

EDMONTON BAPTIST CHURCH
Annual Report and Financial Statements 2024
Contents
	Page
Legal and administrative information	2
Annual Report of the Church Executive	4
Independent Examiner's report to the Church Executive	10
Statement of financial activities	11
Balance sheet	12
Notes to the financial statements	13

EDMONTON BAPTIST CHURCH

Legal & Administrative Information For the year ended 31 December 2024

Charity Name Edmonton Baptist Church. The Church was established 1859. Charity number 1128147. The church was formally registered with the Charity Commission on 19 February 2010.

Affiliations The church is a member of the Baptist Union of Great Britain, the London Baptist Association and the Evangelical Alliance. Principal Address Edmonton Baptist Church, The Green, Monmouth Road, Edmonton, London N9 0LS. Governing The Church’s governing documents are as follows: Documents • The Church Constitution adopted 11 January 2009 • The Church Trust Deed, dated 31 January 1862, governing the Church’s constitution and property at the Green, Monmouth Road, Edmonton N9 0LS • The Manse Trust Deeds dated: o 19 August 1985 (74 Stanley Road, Edmonton N9 9AB), o 18 September 1995 (19 Cyprus Road, Edmonton N9 9PG) o 14 May 2004 (78 King Edwards Road, Edmonton, London N9 7RP)

Objective In accordance with the church constitution, the principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

The main activities of the church are wide and varied including, public Corporate Worship which includes preaching and teaching; Communion (Lords Supper); Evangelism and outreach mission; discipleship; education and training; pastoral care; social action; encouraging relationship building and supporting Baptist ministry and other Christians.

	Trustees The Trustees who served during the year or who were serving at the date of this report were: Holding Trustee: London Baptist Property Board Limited Managing Trustees: Senior Minister Rev. Stephen Peake (Retired August 2024)	Trustees The Trustees who served during the year or who were serving at the date of this report were: Holding Trustee: London Baptist Property Board Limited Managing Trustees: Senior Minister Rev. Stephen Peake (Retired August 2024)
	Evangelism & Outreach Minister William Clark
	Youth Worker Isaac Ameyaw (Retired April 2024)

	Deacons Neil Amaning-Ampong (Appointed November 2024)
	Lynn Dunkley (Appointed November 2024)
	Ruth Watkins (Appointed November 2024)
	Elizabeth Hamlin (Appointed November 2024)
	Sabrina Dalzine (Retired May 2025)
	Joycelyn Dehaney (Retired November 2024)
	George Blake (Retired November 2024)
	Nadine Campbell-Simms (Retired November 2024)
	Christine Geohagen (Appointed November 2024)
	Helena Kiafuca (Retired July 2025) Keisha Barnett Sheila Barker Adetutu De-Dravo (Retired July 2025) Margaret Ampofo-Anti

EDMONTON BAPTIST CHURCH

Legal & Administrative Information For the year ended 31 December 2024

Key Management Those in charge of planning, directing, controlling, running and operating the Charity, including Personnel those members of staff who are the senior management personnel to whom the trustees have delegated significant authority or responsibility in the day-to-day running of the charity, are the Managing Trustees and the Church Administrator. Bankers Barclays Bank Lower Edmonton Branch Northeast London Group PO Box 2403, London, N18 2BY Independent John Helm ACA Examiner Tandem Accounting Limited 17 Heathville Road London N19 3AL Solicitor Carter Lemon Camerons 11 Breams Buildings London EC4A 1DW

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

The Church Executive submits its annual report and the financial statements of Edmonton Baptist Church (“the Church”) for the year ended 31 December 2024. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report.

1. Structure, Governance & Management

1.1 Trustees

The Church has two classes of trustees as follows:

1.1.1 Managing Trustees

The Managing Trustees of the Church are responsible for the day-to-day management of the Church’s business in accordance with the Church’s objects. The Managing Trustees are the members of the Church Executive elected by the Church members’ meeting. The Church Executive consists of all the deacons, the church administrator, the church treasurer, with ministers as ex officio members.

Deacons will normally serve a term of office of four years. Deacons will not normally be eligible for nomination for one year after the completion of two terms. The maximum number of deacons is 12.
Ministers are appointed at Special Church Meetings and serve without fixed term. They can only be removed at Special Church Meetings.

The Church Executive meets approximately 11 times per annum to discuss a full range of matters relating to finance, fabric, general administration, the implementation of the church constitution and responsibility for the keeping of the church membership roll.

None of the Church’s officers, with the exception of the Ministers, receive remuneration. The Church maintains trustee indemnity insurance on behalf of the Managing Trustees.

The induction process for any church member newly appointed to the Church Executive comprises an initial meeting with the Minister(s) and receipt of copies of:

the Church Constitution
the most recent financial statements
the Charity Commission’s guidance ‘The Essential Trustee’.

1.1.2 Holding Trustee

The Holding Trustee is responsible for holding the Church’s land and buildings on trust for the benefit of the Church and ensuring that the use of the land and buildings is as envisaged by the governing documents. The Holding Trustee is appointed by the Members without fixed term and can be removed by the Members.

1.2 Church Members

Church Membership is open to those who:

accept the Beliefs of the Church;
commit themselves to serving Christ within the Church and beyond;
abide by the decisions of the Church Members’ Meeting;
acknowledge their responsibilities as Church Members;
have their membership application accepted by the Church Members’ Meeting.

Church Members share in the responsibility for the finances, administration, maintenance and activities of the church and elect the Church Executive. Church Members meet regularly each year for business meetings and receive reports from the Church Executive.

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

1.3 Personnel

The Ministers (including, when appointed: lead and associate) are full time officers of the church who each receive a stipend and are provided with rent free accommodation in the manse properties. Our Lead Minister Reverend Stephen Peake retired in August 2024. The church will be engaging in finding a new Lead Minister in the coming year.

The following personnel are salaried:

Church Administrator Sheila Hamshaw Church Finance Administrator Gladys Mwaungulu Youth Worker Isaac Ameyaw (From March 2024) Administration Assistant Scott Billet

1.4 Risk Management

The Church’s primary concern and objective is the glory of God. Whilst it is the Church’s policy to trust wholly in the Lord that He will work out His purpose to this end, the Church also acknowledges that it has a responsibility, both as individual members and as a body of members, for the identification and proper management of risks faced by the church in achieving its primary aim. The Church Executive has therefore assessed the major risks to which the church is exposed, in particular those relating to the specific operational areas of the charity, its investments and its finances. The Church Executive believes that, by monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational risks faced by the church, it has established effective systems and procedures to mitigate those risks.

2. Activities & Strategies

Edmonton Baptist Church is a vibrant urban multi-ethnic evangelical congregation with a membership of around 266 . On a wider front the Church is in membership with the London Baptist Association, the Baptist Union of Great Britain and the Evangelical Alliance. The membership easily divides into three equal groups: the Caribbean, African (especially Ghanaian and Nigerian) and the remainder include people from a vast number of nationalities and ethnicities.

• Leadership

In keeping with Baptist tradition and practice the ultimate congregational leadership is vested in the Church meeting. The Church meets regularly to discern the will of the Lord for the congregation. These meetings are held six times per year. At the Church meetings members discuss matters pertaining to the running of the Church, receive reports and approve programmes. The day to day running of the Church is vested in the deaconate (constitutionally deemed the leadership of the church) and the staff.

The Church Executive has given due regard to the Charity Commissions’ guidance on public benefit. During the year the Church continued to carry out the following activities in order to promote the Gospel in the local neighbourhood and beyond.

• Worship

The Church has two services every Sunday at 9.00am and 11am. The 11am service is adult and child friendly; alongside the main worship the service caters for a Sunday school of about 25 children and young people divided into age groups ranging from 5-18. The children and young people are served by a dedicated team of leaders and helpers who provide significant Bible teaching in exciting ways. The 1.30pm service is a small one catering for French speaking people. The dominant group currently is made up of people from the Democratic Republic of Congo.

The evening service at 7.30pm is for a large local Turkish/Bulgarian community. This service is for Turkish speaking Christians and is led as part of our outreach work by a partnership with London City Mission on a rental/lease arrangement. The service is evangelical in style and well attended by extended family groups

The services are centred on Bible teaching. The Church is committed to explaining the text of the Bible in ways that enable people to see its plain meaning so that they may be empowered to follow Jesus and to walk in the ways of the Lord faithfully in meaningful discipleship.

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

Additionally special worship events take place in keeping with the Christian calendar with examples such as:

Watch night service (to re-commit our lives to Christs service at the start of the new year);
Christmas, Easter, Pentecost and Thanksgiving services; and
Weddings, Baptism (full immersion) and Funeral services for members, their families and the wider community.
Mission

The Church is committed to mission both local and global. At the local level the Church holds regular worship services through which the Church carries out evangelism and pastoral outreach to the community. The ‘Step by Step’ club for the homeless deliver practical help relating to people’s needs.

On the global front the church supports BUGB, BMS World Mission as well as other local and global ministries.

Other outreach activities include a highly successful Pre-School (run by a separate registered charity) with two sessions of children every day from Monday to Friday. The Brownies and Guides are approaching their 95th year at the church. We also run a Gospel Book Table outside the church to reach out to the people of Edmonton who want to know more about our faith. Additional activities include;

Seasonal outreach events like our ‘Gospel Outreach Day’ that included live music ministry, preaching and a fun day of activities for children.
A weekly lunch club for our members and local community, serving a hot meal and various craft and social activity for vulnerable adults.
The Women of Faith Ministry which meets monthly and organises support activities for Christian women of faith (and none). The group plans and carries out charitable activities such as lunches and social events for the church. They also raise funds via cake & craft sales for example.
English classes for members of the community who do not speak English as their first language. This group are taught English by volunteers in the church. Activities include crafts, reading and learning to be citizens through cultural enrichment in Edmonton.
There are weekly prayer meetings for those wanting prayer on Monday evenings. These meetings are smaller and more dynamic in worship style. A team of volunteer members and our Evangelism Outreach Minister manages this on a weekly basis.
The church continues its partnership with Mill Gove and gives away all produce from our harvest Service to this charity in Chingford, East London.
We continue to maintain an online Service at 11am on Sundays for members who cannot come into the building due to ill health or disability.

3. Achievements and Performance

Originally launched as the Step By Step Club in October 2010, this initiative has grown significantly and now operates as the Wednesday Food Collection. It supports an average of 40 individuals weekly, offering essential food assistance to members of the local community.

Formerly known as the Tuesday Luncheon Club , this group has been active for many years and is now held on Thursdays. It includes a time of craft activities, followed by shared fellowship and lunch. On average, 15 individuals attend each week, enjoying both creativity and companionship.

Around seven years ago, the church initiated the establishment of a Preschool run as a separate charity to serve the needs of local families. It continues to provide quality early years education in a nurturing environment for the wider community

4. Financial Review

The church’s main sources of funding are the free will offerings of church members and others in attendance at church meetings, and income from hiring out the church’s premises and facilities.

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

4.1 Financial Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 11 and 12 respectively. The Church’s reserves increased by £18,741 during the year (2023 – decreased by £5,715). The balance sheet shows total net assets of £1,813,803 (2023: £1,795,062).

Included in total funds are amounts totalling £45,198 (2023: £43,734) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed conditions. Full details of these restricted funds can be found in note 11 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Church Executive has examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets and programme related investments. The Church Executive considers that, given the nature of the church’s work, free reserves should be equivalent to approximately 6 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit. The Church Executive is of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the church to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2024 the church had net free reserves of £312,491 (2023: £293,564) as follows:

Total reserves Less: restricted funds Less: unrestricted fixed assets used for the continuing work of the church Free reserves Free reserves requirement: 6 month’s budgeted routine expenditure	2024	2023 £ 1,795,062 (43,734) (1,457,764) 293,564 150,000
	£

	1,814,697
	(45,198)
	(1,457,008)

	312,491


	150,000

The Trustees are aware that free reserves are in excess of the free reserves requirement and are actively looking at ways in which the gap can be legitimately reduced in accordance with the charitable objectives.

4.3 Investment Policy

Funds not required immediately for operational purposes are placed on interest bearing deposits.

4.4 Grants Policy

The Church makes grants, equivalent to approximately 10% of its incoming resources annually, to support missionary endeavours both in the UK and abroad. The policy of the church is to give grants on the basis that they are subject to annual review and only renewed on the basis of meeting set criteria. The missionary societies regularly supported include BMS World Mission (www.bmsworldmission.org), BUGB Home Mission (www.baptist.org.uk/homemission), and Jews for Jesus (www.jewsforjesus.org). In addition, the Church makes anonymous love gifts, at the discretion of the ministers and deacons, to those in need within the Church fellowship. For details of grants made, see note 3b.

5. Plans for Future Periods

We are committed to developing a mature Christ-centred congregation that is biblically literate, engaging in dynamic worship and prayer, deepening fellowship and reaching out in word and in deed to a world hungry for the Gospel.

The following are the five big ideas which will be reflected in everything we do in the Church over these succeeding years : Christ centeredness, Bible teaching, dynamic worship and prayer, supportive fellowship, and mission outreach both local and global.

Annual Report of the Church Executive For the year ended 31 December 2024

EDMONTON BAPTIST CHURCH

Christ centredness

Christianity is a reality because our Lord Jesus Christ died on the cross for us and on our behalf. We want to see the life of every individual as well as that of the whole congregation centred on Christ. We are committed to ensuring that everyone grows deeper into maturity in Christ likeness that becomes the basis of attractive and fruitful lifestyles. Evangelism, nurture and outreach will therefore be at the heart of all our operations (Colossians 1:28-29).

Bible teaching

The Christian faith is unashamedly book (Bible) based. We want to see every man and woman, boy and girl mature in their knowledge of the Bible and growing in obedience to God’s Word (Psalm 119:1-5, Proverbs 3:1-4).

Worship and prayer

Worship, incorporating prayer, is our calling and our lifeline. In worship we express our gratitude to God for all the things he has done for us; we ascribe worth to him. Our calling deals in spiritual matters and therefore we ought to depend entirely upon God for his enabling. This we do in prayer. We want to see Edmonton Baptist Church known as a ‘worshipping and praying Church’ (John 4:23-24; 1 Thessalonians 5:17).

Fellowship

We want to see the development of structures and relationships that encourage all members of the Church to engage in meaningful and supportive fellowship (John 13:34-35). To this end we will encourage the development of Bible study groups both on Church premises as well as in homes scattered throughout our neighbourhoods.

Mission – Church outreach

Mission exists because worship does not! The callings of Abraham and Israel were intended to reach out to the whole world so that the Gentile nations may also enter into the blessings of God (see Genesis 12:1-3; Exodus 19:3-6). This is also true of the coming of Jesus (Matthew 1:21) and his calling and commissioning of the apostles (Mark 1:16-17; Matthew 28:1820). The Lord commanded his Church to be active in mission until he returns (Acts 1:6-9). We want to see the Church actively engaging in mission outreach locally, nationally and internationally. We will feed the hungry, clothe the naked, show compassion to those suffering ill health, emotional and psychological trauma, imprisonment and other types of deprivation.

6. Responsibilities of Trustees for the Financial Statements

The Church Executive is responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Church Executive to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period.

In preparing those financial statements, the Church Executive is required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The Church Executive is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Church Executive is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Church Executive is responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

7. Approval

The report of the Church Executive was approved by the Church Executive on 24[th] July 2025 and signed on its behalf by:

EDMONTON BAPTIST CHURCH

Report of the Independent Examiner to the Church Executive of Edmonton Baptist Church

I report on the financial statements of Edmonton Baptist Church for the year ended 31 December 2024, set out on pages 10 to 23.

This report is made solely to the Church Executive in accordance with section 145 of the Charities Act 2011 (the Act). My independent examination has been undertaken so that I might state to the Church Executive those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Trust and the Church Executive for my independent examination, for this report, or the opinions I have formed.

RESPECTIVE RESPONSIBILITIES OF CHURCH EXECUTIVE AND EXAMINER

The Church Executive considers that an audit is not required for this year (under section 144(2) of the Act) and that an independent examination is needed.

It is my responsibility to:

Examine the accounts (under section 145 of the Act);
To follow the procedures laid down in the General Direction given by the Charity Commission (under section 145(5)(b) of the Act); and
To state whether particular matters have come to my attention.

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 Church Executive 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 accounts.

INDEPENDENT EXAMINER’S STATEMENT

Since the charity’s gross income exceeds £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the church as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

John Helm ACA Xx xxx 2025

EDMONTON BAPTIST CHURCH

Statement of Financial Activities For the year ended 31 December 2024

Unrestricted Funds 2024 £ 263,326 378 19,019 11,803		Unrestricted Funds 2023 £ 229,494 1,850 20,486 10,917
	Total
	2024
	£

	273,954
	378
	19,019
	11,803

294,526		262,747
	305,154

7 277,242 277,249 - 17,277 - 17,277 1,751,328 1,768,605		72 271,607

	7
	286,406

		271,679
	286,413

		-

	-

		(8,932)
	18,741

		-
	-

		(8,932) 1,760,260
	18,741


	1,795,062

		1,751,328


	1,813,803

EDMONTON BAPTIST CHURCH

Balance Sheet As at 31 December 2024

Note Fixed Assets Tangible Assets 5 Current Assets Debtors 6 Cash At Bank And In Hand Creditors - Amounts Falling Due Within One Year 7 Net Current Assets Provisions 8 Net Assets Represented by: Unrestricted Income Funds 9 Restricted Income Funds 10 Total Funds	Unrestricted Funds 2024 £ 1,457,008 1,457,008 30,525 286,165 316,690 5,093 311,597 - 1,768,605 1,768,605 - 1,768,605		Restricted Funds 2024 £ - 0 - 45,198 45,198 - 45,198 - 45,198 - 45,198 45,198			Total 2023 £ 1,457,764
				Total
				2024
				£

				1,457,008

						1,457,764 10,441 330,649
				1,457,008

				30,525
				331,363

						341,090 3,792
				361,888

				5,093

						337,298
				356,795

						-
				-

						1,795,062
				1,813,803

						1,751,328 43,734


				1,768,605
				45,198

						1,795,062
				1,813,803

The financial statements were approved by the Church Executive on 24[th] July 2025 and signed on its behalf by:

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting except for the revaluation of residential freehold land and buildings which are shown at market value.

The financial statements include all transactions, assets and liabilities for which the Church is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body or those that are informal gatherings of church members.

The Church meets the definition of a public benefit entity under FRS 102.

Going Concern

There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Church has entitlement to the income, it is probable the income will be received, and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.

The income from trading activities includes rental income from the letting of church premises and freehold land and buildings which is accounted for when earned.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Church; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The Church is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling the Church’s principal objects, as outlined in the Report of the Church Executive. These include grants payable and governance costs:

Grants payable are payments made to third parties in furtherance of the Church’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Church.
Governance costs comprise all costs involving the public accountability of the Church and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

The church pays pension contributions into the Baptist Pension Scheme, a final salary defined benefit scheme for contributions until 31 December 2011 and a defined contribution scheme for contributions made thereafter. 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. The scheme is therefore accounted for as a defined contribution scheme, with contributions payable to the scheme being accounted for on an accruals basis. In addition, the church currently pays contributions towards a deficit on the defined benefit scheme. The deficit, discounted to present value, is fully provided in these accounts and the charge to the income and expenditure account, which is included in the total pension cost, is the employer contributions payable as adjusted by the movement in the discounted provision.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

1. Accounting Policies

Rentals under operating leases are charged as incurred over the term of the lease.

Tangible Fixed Assets

Tangible fixed assets are accounted for as follows:

The church land and buildings are stated at cost. Depreciation is not provided as the estimated residual value is considered to be the same or higher than the carrying value of the property in the accounts.
The church manses are stated at valuation, with the most recent valuation taking place as at 31 December 2015 and the next valuation is expected to take place for the year ended 31 December 2024. Depreciation is not provided as the estimated residual value is considered to be the same or higher than the carrying value of the property in the accounts.
The cost of furniture, fittings and equipment, less any expected residual value, is depreciated on a straight line basis over the effective useful life of the asset, which has been estimated as three years.

Investments

Programme related investments, are shown at market value. Realised and unrealised gains and losses on investments are reflected through the Statement of Financial Activities. Programme related investments are investments made directly in pursuit of the church’s charitable purpose.

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Fund accounting

The 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.
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Endowment funds - these are funds whose capital must be maintained.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements

For the year ended 31 December 2024

2. Income

Unrestricted Funds 2024 £ Donations & legacies Offerings and donations 201,996 Income tax reclaimed 60,330 Legacies 1,000 263,326 Charitable activities Funerals 378 Other trading activities Lettings income 19,019 Investment income Interest 11,803 294,526	Restricted Funds 2024 £ 10,027 601 - 10,628 - - - 10,628				Total 2023 £ 203,980 32,545 938
			Total
			2024
			£


			212,023
			60,931
			1,000

					237,463 1,850 20,486 10,917
			273,954

			378


			19,019


			11,803

					270,716
			305,154

3. Expenditure

3a. Expenditure on Raising Funds

3a. Expenditure on Raising Funds
Collecting agent fee	Unrestricted Funds 2024 £ 7 7	Restricted Funds 2024 £ - 0		Total 2023 £ 72
			Total
			2024
			£

			7

				72
			7

3b. Expenditure on Charitable Activities

Provision of Ministers Provision of salaried staff Church life & outreach Gifts & grants (see note 3d) Office costs Provision of Church building and facilities Governance	Unrestricted Funds 2024 £ 111,643 70,940 19,805 27,364 12,296 32,598 2,596 277,242	Restricted Funds 2024 £ 891 56 3,989 4,228 - - - 9,164				Total 2023 £ 117,141 68,489 20,035 25,973 4,986 37,695 2,040
				Total
				2024
				£

				112,534
				70,996
				23,794
				31,592
				12,296
				32,598
				2,596

						276,359
				286,406

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

3c. Staff Costs

3c. Staff Costs
Included within Expenditure on Charitable Activities are the following staff costs: Gross salaries Employer’s National Insurance Employer’s Annual Allowance Pension contributions (including movement on deficit pension provision) Of which the following salaries and pension contributions were in relation to Key Management Personnel: Gross salaries Pension contributions (excluding movements on deficit pension provision)	2024	2023
	£	£

	140,187	140,923
	12,232	11,916
	(5,000)	(5,000)
	8,994	16,199

	156,413	164,038



	81,528	86,125
	5,482	10,765

No employee received emoluments in excess of £60,000 during the year. The three Ministers (two from March 2024) (2023: 3) lived in manse properties provided by the church.

The average number of employees during the year: Full time workers Part time workers		2024		2023
		Number		Number

		4		4
		2		2

		6		6

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements

For the year ended 31 December 2024

3. Expenditure (continued)

3d. Gifts to organisations and individuals

Included within Expenditure on Charitable Activities are the following gifts to organisations and individuals:

Unrestricted Funds 2024 £ Restricted Funds 2024 £ Gifts to organisations Alzheimer’s Society - - BMS World Mission 6,789 874 BUGB Home Mission - - Cancer Research UK - - Christian Aid - 353 Disasters Emergency Committee - - EBC Pre-School - 1,679 Grace Organisation – Haringey Irish Centre - - Home Mission UK 20,000 - Jews for Jesus - - Lupus UK - 171 London City Mission - - Mill Grove Christian Charitable Trust - 327 Miniways Car Service - - North Middlesex Hospital Trust - - Operation Agri 25 346 Prostate Cancer UK - 398 Royal British legion (Poppy Appeal) - 65 Samaritan Purse - 15 The Leprosy Mission - - United Christian Broadcasters 500 - 27,314 4,228 Gifts to individuals 50 - 27,364 4,228 4. Net Income/(Expenditure) This is stated after charging: Unrestricted Funds 2024 £ Restricted Funds 2024 £ Independent examiner’s remuneration 2,596 - Depreciation – owned assets 756 - Hire of plant and machinery under operating leases - -
		Total
		2024
		£

		-
		7,663
		-
		-
		353
		-
		1,679
		-
		20,000
		-
		171
		-
		327
		-
		-
		371
		398
		65
		15
		-
		500

		31,542

		50

		31,592



		Total
		2024
		£

		2,596
		756
		-

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements

For the year ended 31 December 2024

5. Tangible Fixed Assets

. Tangible Fixed Assets
Cost/valuation At 1 January 2024 Additions Disposals At 31 December 2024 Depreciation At 1 January 2024 Charge For Year Disposals At 31 December 2024 Net Book Value At 31 December 2024 At 31 December 2023	Freehold land & buildings: Church £ 286,725 - - 286,725 - - - 0 286,725 286,725	Freehold land & buildings: Manses £ Fixtures, fittings & equipment £ 1,170,000 47,555 - - - - 1,170,000 47,555 - 46,516 - 756 - - 0 47,272 1,170,000 283 1,170,000 1,039


			Total
			£

			1,504,280
			-
			-

			1,504,280


			46,516
			756
			-

			47,272


			1,457,008

			1,457,764

All of the fixed assets are used for charitable purposes. The church’s residential (manse) properties and their valuations are:

	31 December 2015 valuation
The Manse,74 StanleyRoad,Edmonton,London N9 9AB	395,000
The Manse,19 Cyprus Road,Edmonton,London N9 9PG	400,000
The Manse,78 KingEdwards Road,Edmonton,London N9 7RP	375,000
	1,170,000

The valuation of the residential properties was undertaken by the Church Executive with reference to local market values and recent sold prices.

6. Debtors

Prepayments Gift Aid Receivable Other debtors		2024		2023 £ 8,012 1,439 990
		£

		7,676
		22,605
		244

				10,441
		30,525

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

7. Creditors - Amounts Falling Due Within One Year

Accruals Trade creditors Other creditors including tax and social security		2024		2023 £ 4,347 (1,186) 631 3,792
		£

		3,903
		600
		590

		5,093

8. Provisions

The provision was in respect of deficit pension contributions due to the Baptist Pension Scheme. There is no longer a deficit under the plan. See note 12 for further explanation of the church’s pension commitment.

9. Unrestricted Funds

At 1 January 2024 £ 1,746,328 5,000 0 0 0 5,000 1,751,328	Income £ Expenditure £ 281,747 (275,324) - - 1,912 (1,905) 20 (20) 10,847 - 12,779 (1,925) 294,526 (277,249)	Transfers £ (5,000) 5,000 - - - 5,000 0	Gains/ (losses) £ - - - - - 0 0	At 31	At 31
				December
					2024
					£

					1,747,751


					10,000
					7
					0
					10,847

					20,854

					1,768,605

	Income £ Expenditure £ 262,747 (271,679) - - 262,747 (271,679)	Transfers £ (5,000) 5,000 0	Gains/ (losses) £ - - 0
At 1 January 2023 £ 1,760,260 0 1,760,260					At 31
				December
					2023
					£

					1,746,328


					5,000

					1,746,328

The transfer of £5,000 from unrestricted General fund to the designated Maintenance fund was in line with trustees’ decision to annually set aside this money to cover long-term maintenance issues like the roof, boilers etc.

Descriptions of the designated funds are as follows: Maintenance Roof, Boiler etc: This fund is used for maintenance for the roof and boilers etc. Weymouth Church Trip: This fund is used to fund the annual church trip.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements

For the year ended 31 December 2024

9. Unrestricted Funds (continued)

Food for Special Celebration: This fund is used towards food for special celebrations. Gift Day Donations: This fund is used to raise funds for the church reserves.

10. Restricted Funds

10a Current year Baptist Mission Society Bob Fagan Fund Christian Aid Church Directory Communion Fund EBC Preschool EB Women of Faith Enfield Lupus Support Evangelism Flowers Foodbank Front door replacement Harvest Meal Holiday Club Homeless Project Live streaming equipment Living Waters Memorial bench Mill Grove Charitable Trust Minister’s discretionary fund MUMMs New Building Fund Operation Agri Poppy Appeal Prostate Cancer UK Samaritan’s Purse Special Leaving Donations Sunday School Sunday School Friday Club Tuesday Luncheon Club YAM Youth budget Youth Holiday Club Youth Studio Fees		At 1 January 2024 £ 416 1,775 100 161 10 0 150 171 0 82 763 11,090 58 190 254 5,116 200 12 327 399 75 12,213 30 65 398 15 0 5,757 871 395 358 1,202 1,016 65 43,734		Income £ Expenditure £ Transfers £ 868 (874) - 350 - - 253 (353) - - - - - - - 3,253 (1,679) - 796 (592) (138) - (171) - 20 (20) - 26 - - 90 - 20 - - - - - 1,337 (570) 138 298 (50) - - - - - - - - - - 450 (327) - 125 (398) - - - - - - - 356 (346) - 8 (65) - - (398) - - (15) - 1,199 (1,199) - 261 - - - (451) - 655 (454) - - - - 263 (1,202) - - - - - - - 10,628 (9,164) 0	Income £ Expenditure £ Transfers £ 868 (874) - 350 - - 253 (353) - - - - - - - 3,253 (1,679) - 796 (592) (138) - (171) - 20 (20) - 26 - - 90 - 20 - - - - - 1,337 (570) 138 298 (50) - - - - - - - - - - 450 (327) - 125 (398) - - - - - - - 356 (346) - 8 (65) - - (398) - - (15) - 1,199 (1,199) - 261 - - - (451) - 655 (454) - - - - 263 (1,202) - - - - - - - 10,628 (9,164) 0	Income £ Expenditure £ Transfers £ 868 (874) - 350 - - 253 (353) - - - - - - - 3,253 (1,679) - 796 (592) (138) - (171) - 20 (20) - 26 - - 90 - 20 - - - - - 1,337 (570) 138 298 (50) - - - - - - - - - - 450 (327) - 125 (398) - - - - - - - 356 (346) - 8 (65) - - (398) - - (15) - 1,199 (1,199) - 261 - - - (451) - 655 (454) - - - - 263 (1,202) - - - - - - - 10,628 (9,164) 0	Gains/ (losses) £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 0	At 31	At 31
								December
									2024
									£

									410
									2,125
									0
									161
									10
									1,574
									216
									0
									0
									108
									853
									11,110
									58
									1,095
									502
									5,116
									200
									12
									450
									126
									75
									12,213
									40
									8
									0
									0
									0
									6,018
									420
									596
									358
									263
									1,016
									65


									45,198

The transfer of £138 from EB Women of Faith fund to the Holiday Club fund is in line with the decision of the leadership of this group to support the Holiday Club.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements

For the year ended 31 December 2024

10. Restricted Funds (continued)

10. Restricted Funds (continued)
10b Prior year Alzheimer’s Society Baptist Mission Society Bob Fagan Fund Cancer Research Support Christian Aid Church Directory Communion Fund EB Women of Faith Enfield Lupus Support Evangelism Flowers Foodbank Front door replacement Grace Organisation Harvest Meal Holiday Club Homeless Project Late Mavis Geohagen-Carribbean Funeral Live streaming equipment Living Waters Memorial bench Mill Grove Charitable Trust Minister’s discretionary fund MUMMs New Building Fund North Middlesex University Hospital NHS Operation Agri Poppy Appeal Prostate Cancer UK Samaritan’s Purse Sunday School Sunday School Friday Club The Leprosy Mission Tuesday Luncheon Club Turkish Appeal YAM Youth budget Youth Holiday Club Youth Studio Fees	At 1 January 2023 £ 0 60 1,650 0 0 161 10 355 0 0 82 308 11,090 0 0 0 619 0 5,116 0 12 292 220 75 12,213 0 0 0 0 0 5,422 456 0 395 0 358 542 1,016 65 40,517	Income £ Expenditure £ Transfers £ 449 (449) - 749 (393) - 125 - - 218 (218) - 375 (275) - - - - - - - 55 (260) - 171 - - 729 (729) - - - - 500 (45) - - - - 303 (303) - 109 (51) - 248 (58) - 23 (388) - 239 (239) - - - - 200 - - - - - 327 (292) - 500 (321) - - - - - - - 268 (268) - 417 (387) - 65 - - 398 - - 15 - - 335 - - 415 - - 26 (26) - - - - 50 (50) - - - - 660 - - - - - - - - 7,969 (4,752) 0	Gains/ (losses) £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 0	At 31
				December
					2023
					£

					0
					416
					1,775
					0
					100
					161
					10
					150
					171
					0
					82
					763
					11,090
					0
					58
					190
					254
					0
					5,116
					200
					12
					327
					399
					75
					12,213
					0
					30
					65
					398
					15
					5,757
					871
					0
					395
					0
					358
					1,202
					1,016
					65


					43,734

Descriptions of the main restricted funds are as follows:

Bob Fagan Fund. Bursary for youth trips.

Front Door Replacement Fund. Funds received for the replacement of the church front door. Live streaming equipment Fund. Funds received for the media live streaming for the Youth.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

10. Restricted Funds (continued)

Mill Grove Christian Charitable Trust . Mill Grove is a Christian Charity supporting families including respite and residential care in London.

Sunday School Fund: Funds received for Sunday school activities.

New Building Fund. The capital represents the residue of monies raised by appeal for the erection of the present church building in 1976 and can be used for capital expenditure on the church building. The income can be used for maintenance and upkeep and has been included within unrestricted income.

11. Operating Lease Commitments

The total future minimum lease payments under non-cancellable operating leases are payable:

Not later than one year Later than one year and not later than five years		2024		2023 £ 754 - 754
		£

		-
		-

		0

12. Pensions

The Church is an employer participating in a pension scheme known as the Baptist Pension Scheme (“the Scheme”). The Scheme is a separate legal entity which is administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers. The Scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Scheme’s assets and liabilities to specific employers and means that the scheme is accounted for as if the Scheme were a defined contribution scheme.

The Scheme, previously known as the Baptist Ministers’ Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. Prior to this date the main benefit provided through the Defined Benefit (DB) Plan was a pension of one eightieth of final minimum pensionable income for each year of pensionable service together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income.

From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Legal and General Life Assurance Society Limited. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members in the event that they are unable to work due to long term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Unum Limited. Members of the Basic Section pay reduced contributions of 5% of Pensionable Income, and their employers also pay a total of 5%.

The Ministers and some members of the church staff are eligible to join the Scheme, which is not contracted out of the State Second Pension.

A formal valuation of the DB Plan as at 31 December 2019 was undertaken by a professionally qualified actuary using the Projected Unit Method. At the valuation date the market value of the DB Plan assets was £298 million, whilst the level of assets needed to pay benefits was £316m, giving a deficit of £18m (equivalent to a past service funding level of 94%). The Church and the other participating employers in the DB Plan are collectively responsible for funding this deficit.

EDMONTON BAPTIST CHURCH

Notes to the Financial Statements For the year ended 31 December 2024

12. Pensions (continued)

The key financial assumptions underlying the valuation were as follows

Type of assumption	% p.a.
RPI price inflation assumption	3.20
CPI price inflation assumption	2.70
Minimum Pensionable Income increase Adjustment (above CPI)	0.50
Assumed investment returns
• Pre-retirement (gilt yield plus 1.75% pa)	2.95
• Post retirement (gilt yields plus 0.5%)	1.70
Type of assumption
	% p.a.
• Pre April 2009	3.20
• Post April 2009	2.50
Pension increases
• Based on CPI with an annual floor of 0% and annual cap of 5%	2.70

Mortality is assumed in accordance with 80% of the S3NA standard mortality table. Future improvements projected from 2013 in line with the “CMI 2019” projection with a long-term rate of improvement of 1.75% p.a. for males and 1.5% p.a. for females with the core smoothing parameter and with additional initial mortality improvement factor A=0.5%. The next actuarial valuation of the DB Plan within the Scheme is due as at 31 December 2024.

Recovery Plan

In addition to the contributions to the DC Plan set out above, where a valuation of the DB Plan reveals a deficit the Trustee and the Council agree to a rate of deficiency contributions from churches and other employers involved in the DB Plan. Following the 2019 valuation a Recovery Plan was signed in September 2020 under which deficiency contributions are payable until June 2026. These contributions were broadly based on each employer's membership at 31 December 2014 and increase annually in line with increases to Minimum Pensionable Income as defined in the Rules. On 30 June 2023 the Baptist Pension Scheme signed an agreement with the insurance company Just Group (“Just”) to secure DB Plan members’ pension benefits. Just are now providing financial backing for all pensions provided through the Scheme’s DB Plan and following this transaction, the Scheme no longer has a shortfall. An updated recovery plan was then signed in August 2024 under which recovery contributions from each participating employer in the DB Plan reduced to £1 per month from August 2023.

13. Related Party Transactions

Rev Stephen Peake, a Managing Trustee and member of the Church Executive until August 2024, received gross remuneration of £24,328 (2023: £33,125) and pension contributions of £2,899 (2023: £4,038) during the year in his employed capacity of Minister. Stephen Peake also occupied a Church manse, rent free, as part of his contract of employment for the better performance of his duties.

Isaac Ameyaw, a Managing Trustee and member of the Church Executive until March 2024, received gross remuneration of £28,599 (2023: £26,500) and pension contributions of £3,114 (2023: £3,363) during the year in his employed capacity of Youth Worker. Isaac Ameyaw also occupied a Church manse, rent free, as part of his contract of employment for the better performance of his duties.

William Clark, a Managing Trustee and member of the Church Executive, received gross remuneration of £28,600 (2023: £26,500) and pension contributions of £3,118 (2023: £3,363) during the year in his employed capacity of Evangelism and Outreach Minister. William Clark also occupied a Church manse, rent free, as part of his contract of employment for the better performance of his duties.

The members of the Church Executive gave a total of £15,145 (2023: £22,816) in unrestricted offerings and donations during the year.

2024-12-31-accounts

Trustees’ Annual Report for the period

From: January 2024 Period start date To: December 2024 Period end date

Charity name: Edmonton Baptist Church

Objectives and Activities

Achievements and Performance

Financial Review

Additional information (optional)

Structure, Governance and Management

Additional information (optional)

You may choose to include further statements where relevant about:

Reference and Administrative details

= retired from deaconate after serving a full term

Funds held as custodian trustees on behalf of others

Names and addresses of advisers (Optional information)

Exemptions from disclosure

Other optional information

Declarations

Trustees’ Annual Report for the period

From: January 2024 Period start date To: December 2024 Period end date

Charity name: Edmonton Baptist Church

Objectives and Activities

Achievements and Performance

Financial Review

Additional information (optional)

Structure, Governance and Management

Additional information (optional)

You may choose to include further statements where relevant about:

Reference and Administrative details

= retired from deaconate after serving a full term

Funds held as custodian trustees on behalf of others

Names and addresses of advisers (Optional information)

Exemptions from disclosure

Other optional information

Declarations

Annual Report and Financial Statements 31 December 2024

Charity Registration Number: 1128147

www.edmontonbaptist.org.uk

EDMONTON BAPTIST CHURCH

Legal & Administrative Information For the year ended 31 December 2024

EDMONTON BAPTIST CHURCH

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

1. Structure, Governance & Management

1.1 Trustees

1.1.1 Managing Trustees

1.1.2 Holding Trustee

1.2 Church Members

Annual Report of the Church Executive For the year ended 31 December 2024

1.3 Personnel

1.4 Risk Management

2. Activities & Strategies

• Leadership

• Worship

Annual Report of the Church Executive For the year ended 31 December 2024

3. Achievements and Performance

4. Financial Review

EDMONTON BAPTIST CHURCH

Annual Report of the Church Executive For the year ended 31 December 2024

4.1 Financial Activity and Financial Position

4.2 Reserves Policy

4.3 Investment Policy

4.4 Grants Policy

5. Plans for Future Periods

EDMONTON BAPTIST CHURCH

Christ centredness

Bible teaching

Worship and prayer

Fellowship

Mission – Church outreach

6. Responsibilities of Trustees for the Financial Statements

EDMONTON BAPTIST CHURCH

7. Approval

EDMONTON BAPTIST CHURCH

RESPECTIVE RESPONSIBILITIES OF CHURCH EXECUTIVE AND EXAMINER

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

INDEPENDENT EXAMINER’S STATEMENT

EDMONTON BAPTIST CHURCH

Statement of Financial Activities For the year ended 31 December 2024

EDMONTON BAPTIST CHURCH