Stan Annual Report & Financial Statements for the year ended st 31 December 2024 Registered Charity No. 1130964 ZT-8 trZOZ JaqWa3aa TE papua JeaA ayi Jo4 SalilAII)V IEiJueu14 Jo Juawajeis yoda¥ SJaUlLuex3 Juapuadapui iji aua8 Jiiqnd MalAèy IP!Jueu!4 a)uewJoJJad pue siuawaAal4JV Sa!IIA!iJy pue SèAlJ)afqo SaSSa3OJd 8ui¥ew-uo!s!Jaa pue sajnpnjis ieuo!JEsiup8Jo SahiJJalqo aiqeiiJe43 PJEOS ayllo silpiaa aAIIEJIS!UILUPV pue a?uèJaJa¥ siuaiuo) Annual Report 2023 Reference and Admlnlstrative Details of the Board Narne 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 'puni uolssiwj aLUOH Uolun is!idE8 a41 Joj Jjoddns 8uipni3u! 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Jn]!isuoJ p Aq pauJaAo8 s! 4JJ n Isiid Eg gJOLUUEIS saA!pafqo aiqei!JEy) Achievements and Performance The Church does not measure the success of its programmes only in numbers, including financlal numbers, but also in less-tangible areas like fellowship and encouragement. The Trustees remain commltted to pursue its mls5ion purpose5 in 2023. Following review, Membership was at 60 at the end of 2024. We continue to take Safeguarding training seriously. We continue to review and look at key policies Including annual risk assessments. Financlal Review The Church continues to raise the funds whlch it needs to carry on its activlties from wlthin 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 meetin8 in the numbers there was before. During this time of pastoral transition, we have only I member of staff, who works part-time. Our most significant expenses were the costs of running our regular activities, admlnistrative costs, and upkeep of property. In addition, we gave £18791 to missionary and educational support during 2024 (£20091 in 2023). The Church expressed its part in the life of the wider church by financially supporting national and International Christian organisations and societies with Christian aims and objectives compatible with the Church's own charitable purpose. The Church is heavlly dependent on its membership 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 substantially 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 flat5 are built from which we receive nominal ground rent. We continue to have a robust rnaintenance and improvement program for all our propertles. In 2024, we received rental income from all 4 of our freehold houses 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 £66506. During the year our pension liability ceased as there is no longer a pension shortfall debt. The Trustees are satisfied that they have sufflcient reserves at the Balance Sheet date, together with ongoing income anticipated, to enable the church to function effectively and meet future aspirations in the coming and future years. We held £271233 ILBPBI in our Reserves at the end of 2024. The main church bank and cash account stood at £62710 at the end of the year1£50020 at the end of 2023). The Trustees continue to asse5S the major risks facing the church and are satisfied that there are policies and mitigation strategies in place to minimize these risks. These include our Safeguarding {Child Protection) policies, Employers, and Third-Party liability insurance, plus adequate buildings insurance for all freehold properties and contents insurance for the Church and La nd lord insurance for the rented flat. In addition, robust fina ncial controls are in place and continue to be refined, as necessary. These include formal delegation lin writing) to specific individuals to authorise expenditure, together with regular scrutiny of income and expenditure (monthly 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 Keeplng, which our records being stored on a secure Cloud-based system. aiea pau8!s u)Jnu) Is!ide8 aJowupisJo saaisnji ayj Jo 4ieL4aq uo uaJJiJM "PaAeaJaq aui oi yojwo) Su!PlAOJd 'Su!aq-11aM PUE iIJIEa4 IEiuaw poos ,sJaqwaw Jno 018uiinq!JiuoJ Aq Aiieji Jsiioy 8uiJèJsiui 'uo!ieJnpa 8u!)UEhpe pup AuaAod SuiAallaJ 8u!pniJui 'sJaiiaq sno!8!iaJ Jno Jo suolssajdxa Ip)!IJEJd 'ssau!iJnoqy81au pue uolsayo) ie!)05 8u!JouJoJd Aq AJa!Jos Jaiiaq e aieaj) 018u!diaH 'uaJpi!u3 Jo uoiieJnpa iejow pue ieniijids ayi oi Su!inqiJiu03 'uaJpi!u) JOJ SUOllEJlPèP pue 'sieJaunJ 'sSuippaM u8noJuJ 5aiuouJaJaJ pue sienilj Jiiqnd Jo UOlSlAoJd 'sè)!Mas di4sJoM pue $8u!pi!nq y)Jnu) 'sa)Eds paJ)Es Jo uo!s!noJd ayi Aq Jiiqnd aL4101 i!Jauaq p sapiAoJd i! os 8uiop u! 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The church's trustees consider that an audit is not required for this year under section 144(21 of the Charities Act 2011 (the 2011 Actll and that an independent examination is needed, It Is my respon5ibilityto: Examine the accounts under section 145 of the 2011 Act),. To follow the procedures laid down in the General Directions given by the Charity Cornmissioners {undersection 14515llb) of the 2011 Act),. and To state whether particular matters have come to my attention. Basis of Independent Examiner's report My examination was carried out in accordance with the general Directions given bythe Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5, 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 collsequently no opinion 15 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 yeL7r exceeds the amount provided in section 145(3) of the Act, I confirm that I Jm quulified to act as Independent Examiner under the provisions of thut section of the Act and that my quolification is as shown below. In connection with my exarnination, no matter has come to my attention: which gives me reasonable cause to believe that in any material respect the requirement5 to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare account5 which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met,. or to which, in my opinion, attention should be drawn in orderto enable a proper understanding of the account5 to be reached. l96'£ S81'tr eLUO?UI lEiue￿ Wedojd 9tr9'8 9gZ eLUO)ui aaJJo J aonjo OOL 00£,9 ass? Jsg io asn Joj su01￿qU1U0? $puni fjuiiEJeue6 Joi sa!J!A!1gy . spuni paipjauefj woji segjnosej 6u!LUOaUI 8k'8g ££6, L9 t8Z' Og9'09 Iwoi gWO?ui pund diysmoiia IAEa ui81 si?a!OJd 6Sly'6 POJgAooe￿ plv ui 161, Ig suoiipuoa awogu! 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Jo iuewaipjs Outreach Incomelolherl 469 469 469 1,163 323 840 Total 694 Incomlng resources from charitable activities Youth Youth donations 1,195 1,195 1,195 1,195 470 470 Total Other inooming resources Laga¢l8s 10,000 10,000 10,000 1 D,DOO Tol81 Chlldren Little F88t Income 114 114 114 114 175 643 203 203 149,494 Total INCOME TOTAL 160 979 EXPENDITURE Costs of generating funds R8fug8 Coffee exp8nditur8 Rafvga Tuk Tuk Running Costs 2,@82 1,889 4,571 2,682 1,889 4,571 2,596 Total 6,967 Charitable activities BU Home Mission LatinLink Al a Loss- Pete & Mandy Engllsh Regular Ministry Worship T&am AlphalMarriagelParenting Courses Minor Gifts lospit81ity Fellowship Fund Gifts TL(esday Fellowshlp I Cafe Conned Outreach aclivfties Pancak& Paty Light Paty 5,243 2,267 2,505 5,243 2,267 2,505 3,557 1,000 5,987 2,493 2,086 5,604 349 745 3,557 1,000 394 80 394 80 55 1,030 2,578 43 39 18,791 223 538 508 1,483 12 63 20,091 55 1,030 2,578 43 39 7,692 Total 11,099 Charltable actlvltles Youth Youth Regular Ministry 417 417 417 417 488 488 Total Charitable activities Children Children's regular Ministy Little Feét 29 29 223 Total 2g 29 309 Page 5 9 3SJ)J 909,99 17tr9'L9 Ivioi aNVJg e86't7Z L 98d'tr LtL 60 Ivioi 3¥niiaN3dX3 IEIO 6uiiBeH?6uiiu61i ? sui ? ssnJ@8 uJJn4 qJnJe8NieN yJJn4J sisog 6u!piin8 ygjny? 919,9 £e'L 998'L 9g9'LI 08b'9 001 08L'g oov IEIO H?l - aUBI lUOWIg8 ££ sui'JaiEM'X?1-18££ 'SUI'JQIBM'XEI-IG LL o)u￿U97ulp￿ auEi iUOLUl8S g gJuBugiuiew i8LI siso? 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