- Stan- Annual Report & Financial Statements for the year ended st 31 December 2023 Registered Charity No. 1130964
Contents Reference and Administrative Detai15 of the Board Charitable Objectives Or8anisational Structures and Decision-making Processes Objectives and Activities Achievements and Performance Financial Review Public Benefit Independent Examiners Report Statement of Financial Activities for the year ended 31 December 2023 8-12
Annual Report 2023 Reference and Administrative Detalls of the Board Name Stanmore Baptist Church Registered Address Stanmore Baptist Church, Abercorn Road, Stanmore, HA7 2PH Trustees Derin Ogunsola William Ohene Nila Suriakumar Julie Bamwo Tony Barden Geoffrey Rose Roshnara Jobsz Property Trustees London Baptist Property Board Ltd., 235 Shaftesbury Avenue, WC2H 8EP
Charitable Objectives Stanmore Baptist Church is governed by a Constitution which states that the principal purpose of the charity 15 the advancement of the Christian faith according to the principles of the Baptist denomination. to include the advancement of education, community service and such other general charitable purposes, In such parts of the United Kingdom and the world as the Church shall determine. The Church occupies premises which are held by the London BaptlSt Property Board Ltd., on Trusts which are entirely compatible with the above object. OrganlsatSonal Structure and Decision-making Processes Members of the Churth are accepted in accordance with the Constitution. Baptism by immersion upon personal profession of faith or transfer from another Baptist Church is the normal mode of entry into the membership of the Church, though persons seeking membership who have not been baptised in this manner may, at the discretion of the Church members, be accepted for full membership based on their own public profession of faith. The member5 Meeting normally takes place at least four times per year and ha5 responsibility for the overall policy of the church. As we are in pastoral transition, we hold Church meetings every other month. In accordance with the Constitution, the members appoint Deacons, who tO8ether with the Minister. Church Secretary and Church Treasurer (who are also appointed by the Membersl are the Trustees of the Church. We are currently in a period of Pastoral Transition and did not have a Minister in the period covered by this report. The Trustee5 (Diaconatel are responsible for the day-to-day running of the church's work and witness, and the financial and legal aspects of the charity. All members are encoura8ed to take an appropriate part in the spiritual and practical tasks involved in the furtherante of the charitable objective. Relevant matters may be submitted to the Church meeting by the Trustees for guidance or may be raised by members in the Church meeting for further consideration by the Trustees. Although the Constitution permit5 decisions to be made al Church meetings by appropriate majorities, the Church seeks to work by consen5US wherever possible. ObJectlve5 and Artlvltles We continue to aim to show the love of jesus Christ in both word and deed and to bring people into a closer relationship with Him as livin8 Lord. The Church meets for activities regular public worshlp taking place at 11 a.m. on Sundays. Our seNices are friendly and welcoming, and anybody is free to attend. We are committed to the teaching, encouragement, welcome and inclusion of children and young people. Our dedicated volunteers coordinate our term-time activities.. Kids Church, a parent and toddlers, group (Little Feet), Preschool, Girls, Brigade, and other age-appropriate groups. We held an Easter Party and a Light Party in October, in conjunction with our local Anglican Church. We run a Tuk-Tuk Coffee van based on our premises. for both social impact and evangelistic purposes. This enables U5 to continue our focus of moving towards our neighbours in one of the most religiously and ethnically diverse areas of the UK. As our Tuk-Tuk is based outside we have been able to trade whenever the local schools have been open. When the Schools were closed, we did not trade. We have other activities aimed at the nurture and growth of Christian disciples, including a Café Connect group, open to anyone who is available on a Tuesday afternoon,. house groups, devoted to Bible study and sharing in fellowship. We ran various Bible Study course5, Such as Alpha which was open to all. We continue our links with the Evangelical Alliance, the Baptist Union of Great 8ritain, London Bapt15t5 as well as with other churches, including support for the Baptist Union Home Mission fund.
Achievements and Performance The Church does not measure the success of its programmes only in numbers, including financial numbers. but also in less-tangible areas like fellowship and encouragement. The Trustees remain committed to pursue its mission purposes in 2023. Following review, Membership wa5 at 60 at the end of 2023. We continue to take Safeguarding training seriously. We continue to review and look at key policies including annual risk asse5sment5. Financlal Revlew The Church continues to raise the funds which it needs to tarry on its activities from within its own membership and Congregation. No wider public appeal was made for funds during the year. However, there has been a marked drop in our donations as people have not returned to meeting in the number5 there was before. During this time of pastoral transition, we have only 2 member5 of staff, both of whom work part-time. Our most significant expenses were the cost5 of running our regular activities, administrative costs, and upkeep of property. In addition, we gave £20,091 to missionary and educational support during 20231£15,830 in 20221. The Church expressed its part in the life of the wider church by financially supporting national and international Christian or8anisations and societies with Christian aims and object5ves compatible with the Church's own charltable purpose. The Church is heavily dependent on its membershlp working as volunteers in all aspects of the Church's activities, many of which run with little or no impact on the Church's expenditure, but nevertheless contribute substantSally to the achievement of the Church's objectives. Our property portfolio is the Church Building, 4 freehold houses, I leasehold flat, and land on which 2 flats are built from which we receive nominal ground rent. We continue to have a robust maintenance and improvement program for all our properties. In 2023, we received rental income from all 4 of our freehold house5 and our leasehold flat. The financial results for the year are set out in the accompanying financial statements. The Church made a surplus on its operational costs of £24,511. During the year our pension liability ceased as there is no longer a pension shortfall debt. The Trustee5 are satisfied that they have sufficient reserves at the 8alance Sheet date, together with ongoin8 income anticipated, to enable the church to function effectively and meet future aspiration5 in the coming and future years, We held £211,CX)3 ILBPBI in our Reserves at the end of 2023. The main church bank and cash account stood at £50,020 at the end of the year1£70,916 at the end of 20221. The Trustees continue to assess the major risks facing the church and are satisfied that there are policies and mitl8ation strategies in place to minimize these risks. These include our Safeguarding (Child Protection) policie5, Employers, and Third-Party liability insurance, plus adeqLJate buildings insurance for all freehold properties and contents insurance for the Church and Landlord insurance for the rented flat. In addition, robust financial controls are in place and continue to be refined, as necessary. These include formal delegation lin writing) to specif1C individuals to authorise expenditure, together with regular scrutiny of income and expenditure Imonthly by the Treasurer and Finance Officer) and adjustment of budgets (quarterly by the Trustees). We continue to work on ensuring that we are fully compliant with GDPR and Safeguarding Record Keeping, which our records being stored on a secure Cloud-based 5YStem.
Public Benefit The trustees of Stanmore Baptist Church are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public 8enefit and have had regard to it in their administration. The trustees believe that the work of Stanmore Baptist Church helps to promote the whole mission of the church Ipastoral, evangelistic, social, and ecumenicall effectively, and that in doing so it provides a benefit to the public by.. The provision of sacred space5, church buildings and worship services. The provision of public rituals and ceremonies through weddings, funerals, and dedications for children. Contributing to the spiritual and moral education of children. Helping to create a better society by promotin8 social cohesion and neighbourliness. Practical expre55ion5 of our religious beliefs, including relieving poverty and advancing education. Minlstering holistically by contributing to our members, good mental health and well-being. Providlng comfort to the bereaved. Written on behalf of the Trustees of Stanmore Baptist Church signed oLq IVE k aK)ry+ Date..
Independent Examiner's Report to the Trustees of Stanmore Baptist Church. I report on the accounts of the church for the year ended 31st December 2023 which are set out on finance pages of the Annual Report. Respective Responsibilities of Trustees and Examiner The church's trustees are responsible for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Actll and that an independent examination is needed. It is my responsibility to.. Examine the accounts under section 145 of the 2011 Actl. To follow the procedures laid down in the General Directions given by the Charity Commissioners lunder section 14515llbl of the 2011 Act),. and To state whether particular matters have come to my attention. Basis of Independent Examiner'5 report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual Items or disclosure5 in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view,, and the report is limited to those matters set out in the statement below. Independent examiner's statement Since the gross income for the year exceeds the amount provided in section 145131 of the Act, I confirm that l am qualified to act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below. In connection wlth my examination, no matter has come to my attention.. which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act,. and to prepare accounts which accord with the accounting records and comply wlth the accounting requirements of the 2011 Act have not been met.. or to which, in my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Kevin Ogilvie 13 Evelyns Close, Hillingdon, Middlesex, U88 3LR 30th January 2024
Statement of Financial Activities Unrestricted DeslgnAted Restricted Endowment funds runds funds lunds Totgl Prior year funds total funds Incomlng r88ourc6s Incoming resourc8s from generated fund5 Voluntary income Aclivilie5 for generating funds Investment income Incoming resourGe5 froffl charitab18 acllvlll8S Youth Other inGL¥ming re50urc85 Chlldren Total Incom¢ $5,742 74,831 7,013 323 470 2,442 7,954 58,184 82,785 7.013 56.119 78,101 1,835 e02 517 470 3,131 342 140,130 203 11,116 203 149.494 138.378 R8sourc85 usod C0515 of generating funds Charitable acllvllS88 Youth Children Related Admin & Support Mlnlsterlal C0515 Rental Propertles Costs Church Building Costs Mlnlstarlal Property C0515 Church Bullding C051$ Total exp6ndltur& 6,967 4,816 6.987 20.091 488 309 19,452 15,285 12,214 21,606 4,286 24,2BS 124,983 3,279 15,830 120 352 20.442 13.442 10.831 21.806 1.591 16.134 103,e28 15.275 488 223 19.452 15.285 12.214 21.608 4.286 86 11,869 Net Incomo 118xp8ndlturo1 r¢•our¢•¥ b•fore transfor 25,264 17531 24,511 30.503 Tr8n•for¥ Gro$$ Iran$f•ts tsaeen funds- In Gr05$ Iran5fer5 betrween lund8- out Qthor r•¢o9nlsod galns 110880 Galns on revaluauon, IIx8d 88sets, chadty'8 ovm use Net movement In fund• 8,700 158.2751 100,722 153,1481 109.422 1100,4221 7.397 17,3971 9.938 122,3111 46,822 24,311 46,439 Total fund• brought forward 4,518.893 74,575 4,593,468 4.547.030 Total fvnd¥ carrtod forward 4,496,582 121.397 4,617,979 4.5J3,468 R•pr•$•nt•d by Unr¢strl¢t•d General lund 4,498.582 4,496.582 4.318,893 D8•lgnat8d Alph8 eic courses Building R88eNe Donatlons D8slgnaled FellOhIp Fund Learnlng Cornmunlty 33e 3,508 2.666 581 248 e60 49.200 2.862 11.253 2,648 521 97,708 3,304 325 97.708 3.304 325 777 5,000 5,272 5,740 2,648 530 95 777 s.000 5.272 5,740 2,648 530 95 Pension rar&S Projec15 Gen8ral Refuge Coffee Square One Club Tuesday Fellowship I Cafe Conn8cl Youlhlsludents
Statement of assets and liabilities Geiieral Desl nated Restricted Endowment Thi5 ear Last ear FIx8d a8sets- Intanglblé assets Church Kitchen 6.414 6.414 8,414 6,414 28.020 28,020 Totals Fixed a5so15- Tanglble as88ts Church premises- 77 Bélmont Lane- 33 Belmont Lane- 23 Belmont Lane- 87 Ab6rcorn Road. 18 Brunel Court- 2.751,105 400,000 265,000 231.220 378,217 325.000 4,350.542 2.751.105 400.000 265.000 231.220 378.217 325,000 4,350.542 2.751,105 400,000 265.000 231.220 378.217 325.000 4.350.542 Tota18 Current a888t8. Cash at bank and In hand Cash In hand- Sanlander- Refuge Cottee Ca8h- 276 34.358 1,000 14,328 48 10 15,386 1,278 48,e88 48 10 50.020 25 70.825 10 70,916 Total$ 34,135 Curr*nt as$•t¥. Inv8stmont8 LBP8 - 104.091 104,991 106012 101.012 211.003 211,003 143,990 143,990 Tota18 Grand total 4 496 582 121 397 4117979 4 593 468 Analysis of income and expenditure I'otal Unrestrl¢led Desl nated Restrlet Endowment Thls Last ear INCOME AND ENDOWMENTS Incomlng resources from generat•d funds- Voluntary Income Donations 49.889 Gift Aid Recovered 5,853 Projects (Gift Dayl Fellowship Fund Income 49,889 5,858 2,410 27 $8.184 44,568 7,718 2,862 972 56,119 2,410 27 2,442 Toial 55,742 Incomlng rosourc•$ from ggnorated funds - Actlvltles for gongratlng funds Contributions for use of SBC assets 4,785 Refuge Coffee Income Propety Rental In¢ome 4,785 7,9S4 70,046 82,785 5,300 4,595 68.206 78.101 7,954 70,046 74,831 Total 7,954 Incoming rgsources from generated funds - Invgstment Income Bank & Deposit Interest 1,835 1,835 Total 7,013 7,013 Incomlng resources from charltablg actlvltles Tuesday Felltswship I Cafe Connect Outreach Incomelotherl Light Party Income 517 517 323 442 150 10 602 323 Totsl 323 517 840
Incoming resources from charitable actlvlties - Youth Youth don8ts.ons 470 470 470 470 Total Other incoming resources Legacies 3,131 3,131 Tol81 Chlldrèn Littl¢ Ftrel Income 203 203 11,116 203 203 149,494 342 342 140.130 Total INCOME TOTAL 138378 EXPENDITURE Costs of g8neratlng funds Refuge Coffee expenditure Refuge Tuk Tuk Running Costs 2,596 2,596 4,371 6,987 1,665 1,614 3.279 Tota 6,967 Charltable actlvltles BU Home Misslon LallnLlnk Al a Loss- Pet8 & Mandy English Regular Ministry Worship Team AlphalMarriagelParentlng Cours98 Minor Gifts Ho8Plt8lity Fellowship Fund Gifts Tu$sday Fellowship I Cafe Connect Outroa¢h aclivili85 Pancak8 Party Light Party 2,962 2,493 2,086 5,604 349 3,025 5,987 2,493 2,086 5,604 349 745 4,963 2,582 2,709 3,638 312 745 50 223 223 538 508 1,483 12 63 20,091 538 508 405 413 586 1,483 63 15,275 172 1S,830 Total 4.816 Charltable actlvltles - Youth Youth Regular Mlnl$try 488 488 120 120 Total 488 Charltable actlvltles - Children Childr8n'$ rggular Ministry Little Feat 223 223 280 72 352 86 86 Totsl 223 309 Rèlated Adrnin & Support Finance Officer Pay Offic8 Administrator Pay Other PersDevlTraining Office Suppli08 Subscriptions 9,356 4,362 785 258 2,561 363 908 859 19,452 9,356 4,362 785 258 2,561 363 908 859 19,452 8,541 4,680 1.216 92 4,093 408 801 611 20,442 PhotocopyinglPrintingllnlgfflall Mobile & Landline phones Total io
Ministerial Costs Sen Minister pension costs Refuge Worker Salary Refuge Worker Employer Penslon cost Ministerial Mentoring 12 14,992 265 12 14.992 265 2,926 10,319 169 17 15,285 29 13.443 Total 15,285 Rental Propertles Costs 23 BL R8furblMain 87 Abercorn RdMain19n8n¢g 18 Brunel Ct- Maintenance 23 BL tax,water,ins 87 AR lax,waler,Ins 18 Brunel Ct- Tax, Water, Ins 23 Belmont Lane- L&H 67 AR L&H 1,086 1,644 2,743 427 3,652 404 1,086 1,644 2.743 427 3.652 404 361 2,769 2,588 364 3,200 328 50 2,258 12,214 2.258 12,214 Total 10,831 Rental Propertles Costs - Church Building Costs Depro¢ialion 21606 21,606 21,606 21.606 21,606 21,606 Total Mlnlsterlal Property Costs 778L Maintenance 33 Belmont Lane Maint8nanc• 77 BL.tax,water,Ins. 338L-tax.water,ins 77 Belmont Lane- L&H 33 Belmont Lane- L&H 2,428 2,428 641 588 629 263 455 314 692 50 183 1,591 588 629 Total 4,286 4,286 Church Bulldlng Co8t8 Church MainlRefurb Church Refuse & In$ & walgr Church Llghtlng&Heatlng 12,534 5,626 6,125 24,285 113,115 12,534 5,626 6,125 7,333 4,760 4.042 16.134 103,628 Total EXPENDITURE TOTAL 124,983 GRAND TOTAL 753 li