## **PRBC ANNUAL REPORT 2023** Perry Rise Baptist Church has as its Mission Statement – ‘We aim to be a place where Christ can be found and from which Christ can be taken into the community.’ This is worked out in practice through: activities within the church; involvement with and support provided to our local community; engagement with the wider Baptist family, nationally and internationally, and with other Christian and community bodies. The Trustees (Leadership Team) - Minister, Church Secretary, Treasurer, Elders and Deacons, appointed by church members, are responsible as charity Trustees, and then have specific roles: Elders, whose primary responsibility is spiritual matters; and Deacons, who take the lead on practical and financial management of the church. Each group meets monthly, and the Leadership Team bi-monthly. Sub-groups take responsibility for service planning, pastoral care, outreach, finance, buildings, and administration. Newly appointed Elders and Deacons have an induction plan, with the provision of information on trustee roles and responsibilities, calendar of meetings/events, and the offer of a Mentor - a more experienced Trustee who can assist with the induction, and background information on ongoing matters. The Leadership Team undertook both learning and social times together at study sessions and away-days, giving the opportunity to pray, discuss, learn, have fun and fellowship together. This assists the team in working together more effectively. The chosen verse for 2023 was Colossians 3:16 – Let the message of Chist dwell with among you richly as you teach and asmonish one another with all wisdom through psalms, hymns, and songs from the Spirit, singing to God with gratitude in your hearts. Having completed the discernment process, Rev Dan Boakye was appointed and commenced his ministry at Perry Rise BC with his Induction Service on 27 May 2023. He quickly settled in, and both joined and enhanced, the routine of life within the church. Our lead Minister, Rev Margaret Gibbs, who had reduced her working week to support her parents resigned as her caring responsibilities significantly increased and the long journey home and back was not sustainable. She left us in the autumn, rather sooner than anticipated or desired as we had hoped to get Dan more settled, but care needs overtook; the church understood, and Margaret left with our blessings and best wishes for her parents. Whilst a decision had been made to sell the manse, there were no offers made which would enable the church to purchase a suitable alternative property, so the membership agreed to invest money into the property to bring it up to a good standard for our manse family and therefore to retain the existing manse. Our kitchen redevelopment project (Outer Space) had snagging issues dealt with and the project signed off. Towards the end of the year, those who provided interest free loans were being refunded. We also made improvements to our disabled toilet facilities, and due to its non-use, being rather set back in the apse and creating something of a barrier between preacher and congregation, the pulpit was removed, with just one stone retained as a memorial of the structure; the staging was extended as part of this project into a much more usable space. Sunday services are led by a team who plan a worship/teaching programme. Our Ministers and preaching team providing a variety of preaching styles and teaching, but working to the planned programme. One service included three people being baptised. Services are streamed and are available on the church YouTube channel. We have found that some people didn’t return to worship services following Covid, and prefer to remain at home, or are no longer able to travel. Summer services give Junior Church and regular service leaders a break and a wide range of our congregation are persuaded to lead part of a service, which again has an overall programme. We are one of the few churches in the area to hold a Watchnight Service (31 December) and this proves popular with the community and is a good opportunity for us to welcome those from other churches and those who don’t normally attend church to a special service. As our full time Minister, Dan re-established mid-week (Wednesday) Bible Study and Prayer Sessions on Friday mornings and evenings. Our other regular activities include Junior Church, Creche during the service, Painting for Pleasure, Baby Group and Aspire – for young people struggling with school, Carers Group and a new Monday ‘Eat, Chat, Pray’ session. Our premises host Alcoholics Anonymous, Food Bank, Photographic Society, and are regularly hired for events, meetings, funerals and celebrations. We try to keep our premises rates reasonable to be available to the community, whilst covering our costs. During the year, we were pleased to celebrate two years of service of Aspire and the Food Bank. For the latter, needs/demands continually increase and Thursdays see a steady flow of people needing food, advice and support, for which the church offers a listening ear and prayer. All church services, prayer meetings, the Aspire group for young people, carers group, Food Bank, men’s curry night and women’s socials are all open to the congregation and the community around us, and so the church considers it meets the expectations of public benefit. External activities included: - Four members regularly visiting Pear Tree Care Home; - Following a visit by Operation Mobilisation, two members undertakook a voluntary work placement at a camp in Poland for Ukrainian refugees; - A number joined the inter-faith Walk for Peace; - Attendance at the Baptist Union Assembly; - Some young people attended the ‘Young, Black and Baptist’ conference; - Church members serve on Churches Together (Minute Secretary); Trustee of London Baptists, and Governor of Spurgeon’s College. This has increased our knowledge and involvement in these groups. A while back, we undertook a survey to consider our diversity issues, and actions continued from the findings. The church has maps, flags, audited the languages spoken at the church, produced an anti-racism statement, and continues to celebrate Black History Month with information, events and services focussed on this. Prayer is central to our Christian life and in addition to our month of prayer in June, on-line prayer meetings were held; prayer and fasting 24 hours, and after every service, a team is available to pray with anyone. We have held healing communion services where as part of the service, people can have prayer and be anointed with oil. We continue to support our link missionaries; gratefully receiving their regular news/prayer letters and to meet up with them on-line to hear latest news and to be able to ask them questions. Our church calendar was a busy one and included: - Days of prayer and fasting in January, July and September; - A Ladies Social Evening; - Church family lunches in March, June and September; - Carers Group meetings in February, April and November; - Outer Space fundraising events - Rev Margaret undertaking a sponsored swim; Concert; Garden Party and sponsored Songs of Praise; - Two church walks; - Whole Church Day – socialising and fun; - Gospel Xplosion; - In Memoriam Service; - Hosting a Community Carol Service. Our church premises continue to be an ongoing challenge with an aging building needing much upkeep, and expense. We are grateful to the volunteers who work on our garden, the rear area being a particular challenge as we undertake a programme of treatment for Japanese Knotweed. Our heating system has been fickle and we appointed a previously used company to get the system working to optimum capacity. New projectors were purchased for the sanctuary. Administratively, purchasing approval levels were revised; a new Members’ Directory was produced; our website has been updated and an Instagram account launched. Apart from giving to support the work of our church, pay our Ministers and cleaning staff, the church financially supported Christian Aid, Royal British Legion (poppy sale) and Spurgeon’s Childcare. Unfortunately, in order to balance our budget, a decision had to be taken to reduce our giving to Home Mission and Baptist Missionary Society from 7.5% each to 6% of giving. This was mainly due to greatly increased energy costs. However, we are grateful to God for the generous giving by His people to enable us to pay our way. Perry Rlse Baptlst Church Forest Hill, SE23 2QL Accounts for the Year 2023 Charity Registration Number 1131199 PRBC Accounts 2023. page 1 of 8 PERRY RISE BAPTIST CHURCH FINANCIAL STATEMENT FOR THE PERIOD ENDED 31 DECEMBER 2023 GENERAL FUND: RECEIPTS & PAYMENTS Not• 2023 2022 R•c•lpts Regular offerin98 Thank Offering.. donations Gift Aid claimed 75,855.70 77,431.92 4,320.00 202 50 3,eeo 00 553.75 4.522.50 2.203.89 17,069.19 3,027 70 4,213. 75 3,122 00 19,460.44 1,582.97 Donations and other Income Gift Aid c18imed lor the Gener81 Fund 88nk inlere¥l Contribulion8 for use ol pr8ml8e8'. by Church Organisalions by other8 450.00 415.00 Raised for Other Cause8'. 15,841.81 132,988 89 20,205.47 137,441.55 Paymènts Ministry Mission Upkeep of church premises Adminislralion 58,488.00 20,676 01 21,138,95 5,758.04 106,059 00 28,312.94 24,374.58 19,462.84 6.2T6.50 78,426.84 Surplus for the year deduct, Translers lo other funds 28,929.89 79,142 97 -52,213.08 59,014.71 34,807.83 24,206.88 Balance brought forward Balance carried forward 87,421.82 15,208.74 43,214.94 67,421.82 PRBC Accounts 2023, page 2 of 8 RE8TRICTED FUNDS.. RECEIPTS & PAYMENTS OUTER SPACE PROJECT 2023 2022 Re¢frlpts Donations. Glft Aid claimed Translers In (Thank Offering TranBfer8 In (General Fund) 20.658.05 1.761.25 4,522.50 19,215.88 46, 157.68 15,491.17 4,396.58 4,213.75 0.00 24, 101.&) Paymont• Profession81 lees 8uilding8 Works Supplies L08n Interest London Property Board Loan Repayment Personal Loan8' 0.00 8,893.66 12.22 0.00 0.00 60,500.00 67,405.88 0.00 0.00 304.81 730 07 40,000.00 1,500.00 42,534.88 Surplu8 {deficitl for tho year -21,248.20 .18,433.38 Balance brought Iomard 8alan¢e carried lo￿ard 21,248.20 0.00 39,681.58 21, 248.20 De8lGNATED FUNDS., RECEIPTS & PAYMENTS CARINQ FUND 2023 2022 RoG•lpts Donatlon8 Aysigned from Gener81 Fund 200.00 1,655.02 1.855.02 199.00 1,708.54 1,907 54 Paymgnts Personal gifts & Irlbules Paymen15 to other causes 933.15 0.00 933.15 1,034.30 316.90 1,351.20 Surplus Ideflclll for the year 921,87 556.34 Balance brought forward Balan¢e carried forward 942.78 1.864.65 386.44 942. 78 Incl￿￿1 EID.0￿ 10p4ym￿1OfÉ1¢IOOo￿￿r￿3[OW$DM1￿ATr￿ 8888u*88- O o? r Oq?OQ?rOO 8888888 ooooooo 8&8%%8 oo¥? 8&9￿￿n88- ror Orrirry ?rrio( 8%&88 888of88- to 8x888 8888ty*88= atioo 8&8&%8- PRBC Accounts 2023. page 4 of 8 STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2023 2023 ss 2022 Bank and cash balances: Barclgys Bank Current Account CAF Saver Cambridge & Counties Petty Cash Funds held locally by Church Organisalions 29,740.65 41,531.72 85,773.07 11013 3,926.87 161. 77,837.12 76,455.21 82,946.70 52.85 3,284.47 REPRESENTING 8ALANCES ON THE FOLLOWING FUNDS: 2023 2022 G•n•r•l Fund 15,208 74 67,421.82 Restrlcted fund.. Outer Space Project Idelall, on page 21 0.00 21,248,20 D•slgn•t•d funds.. Caring Fund Id¢lail,page 2) 1,864.85 942. 78 Church Organisalions (d￿811. pagt 311 4,128.44 3,486.04 Other 008ignaled Fund8 Idetail, pgg• 31 139.880.61 147,477.51 Tot&i.' Déslgn8t•d funds 145,873.70 151,906.33 Fund• total 161,082.44 240,576.35 Included HI them 10141$ •re •mounis')InkOa' Iho C￿r¢h Twww, IAg. 120231 Tooolher al One. £201.57 2023 2022 Moni•¥ due MRC Charities- Gift ￿'d payable lo the church (Not included In incomel 11,171.86 11.171.86 9, Z02. 70 9, 702. 70 Non.monetary assets held for Church's own us• 6,461,390.00 5, 640,236.00 Inlere81-free loans from church member¥ 0.00 60,500.00 PRBC Accounts 2023, page 5 of 8 NOTES TO THE ACCOUNTS 1 Basis of accounts: These accounts havè b••n prnparad on a'R•e•ipts And Paym•nts' basis artd aecord wth section 133 of th• Charity Act 2011 2023 2022 2 Donatlons and other income: General donation5 PhotOCOPi8r 2,126.04 77.95 2,203.99 3.010.00 112.00 3,122.00 3 Other Cau$08: 2023 2022 Raisgd Glvon RalJod Giv•n Home Mission.. Assigned from General Fund ' 6,511.42 6,511,42 6511.42 6511,42 8,542.77 8,542,77 8,542.77 8,542.77 BMS World Mission Donabons Assigned from General Fund ' Harvest Sunday offering. donated to BMS Ukraine Fund,donated lo BMS Syria Fund donated lo BMS 346.25 6,511.42 1,227.90 0.00 355.00 8.440.57 346.25 6,511.42 1.227 90 346,75 8,542.77 1.366.97 540.40 0.00 10.796.89 348.75 8,542.77 1,366.97 540.40 O.DO 10 796.89 355.00 8 440.57 Others.. British Heart Foundation Christian Aid other Lewlsttam Food Bank Spurgeon's Child￿n Lewisham Refugee and Migrant Nefv￿rk 0.00 420.25 0.00 420.25 2,400.00 319.57 150.00 3,289.82 72.60 335.00 72.60 335.00 2,400.00 319.11 139.10 3,265.81 319.57 150.00 889.82 319.11 139.10 865. 81 Other Causes.. total 15,847.81 18,241.81 20,205.47 22,605.47 6% of G•neral Fund ineome,. 7.5%120221 PRBC Accounts 2023, page 6 of 8 2023 2022 4 Ministry: Ministers sttpend Minislerfs pension - church contribution Minisle¢s study support ICMDlbooks Ministry Accommodation Preaching fees and trav61 Vvebsile fees Church fl¢Jwers Rèsources for ministry - expendable items Conferences & training Manse, Council lax. water services, insurance Manse.. telephone Manse,. routine repairs and maintenance Manse (Fire Alamil 31.229.87 3.489.21 509.99 13,265.07 675 41 175.20 834.07 622.83 1,869.13 4,925.67 240.21 345.34 306.00 58,488.00 14,746.93 4,058.63 426.00 870.C4J 1,041.00 134.83 712.10 1,362.66 120.00 2,805.35 632.81 1,107.60 295.03 28,312.94 2023 2022 S M18810n: Given lo Other Causes Iptsr note 31 Junior Church las per Page 31 Mission activities 18,241.81 1.000.00 1,434 20 20,676.01 22.605.47 1.000.00 769.09 24,374.56 2023 2022 6 Upkeep of church pr•ml89S: Electricity Gas Water services Suppl￿5.. kitchen, c¢eaning, toilet Wages - cleaning staff Insurance Maintenance, fire equipment Maintenance, security system Maintenance, healing systerns Maintenance, fife alarm Routine repairs and maintenance Letlings charges payable to other parties Fumiture & Equipment 3,710.19 3,454.63 288,92 551.59 5,422.44 4,479.99 175.00 834.25 0.00 000 384.94 1.835.00 0.00 21.136.95 1,848 10 3,931.95 136.00 507.94 5,380.41 4,771.27 205.00 858.17 270.00 238.14 457.12 495.00 363 74 19,462.84 Fe¢s lo cwr•l•k•r and ¥ound techni￿an PRBC Accounls 2023, page 7 of 8 2023 2022 7 Admln18tratlon: Telephone Postage ststionery Photocopier costs Offertory envelopes Computing & other supplies Copyright licences Subscriptions Refreshments Admin Charges 876.98 51.80 73.22 2,263.57 147,72 0.00 204 24 1,286.60 127.99 725.92 5.758.04 79J.03 59.78 44.49 1.998.84 140.78 31.98 828 79 1.312.90 105.72 963 21 6,276.50 2023 2022 8 G•n•ral Fund transferd to other lunds.. lo Caring Fund lo Home Mission to BMS Wortd Mission lo Church & halls fabric to Roof rnainlenance to Manse fabric to IT systems to Quinquennial survey lo Oulerspace Project (Thank Offering) to Future Ministry to Outeispace balance 1,655.02 6,511.42 6,511.42 1,000.00 3,500.00 25,000.00 5,926.73 300.00 4.522.50 5.000.00 19,215.88 79,142.97 1,708.54 8,542.77 ,S42.77 1,000.00 3,500.00 1,000.00 1,000 00 300.00 4,213.75 5,000.00 o.oo 34,807.83 2023 2022 9 Non4non•t•ry a•s•ts Church premises Church manse Fixtu￿$, furniture and equipment 5, T04,345.00 585,227.00 171,818.00 6,461,390.00 4,995,087.00 494.694 00 150,455.00 5,640,236.00 The church the 08n8flcl81 owner l$ubJe¢t to the ￿￿vant tru$l$l ol ttte lollowlng 8S8818, th•18gal li118 to %%thich is held by the church's CUslr*Ji80 trustees, the London Bapt181 Property 8oard.. Church pwMIs￿ at Pery Rise SE23 2QL- $hown a¢ insu￿0 value, Church mBn58 at 44 Y15hop8thorpe Road SE26 4PA- shown at insured value. The church also owns fixtures, fumiture and equiprnenl wlh an Insured v81ue uf £171,818 PRBC Accounts 2023, page 8 of 10 Penslon Scherno Llabllltles: The Church is a participating employer with the Baptist Pension Scheme {'the Scheme.), which is a separate legal entity 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. previously known as the Baptist Ministers, Pension Fund, started in 1925, but was closed to future accrual of defin8d benefits on 31 December 2011. Prior to this date the main benefrt provided through the Defined Benefit (DB) Plan was a pension of on8 8ightieth 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. Sinc8 1 January 2012. benefits have been provided through a Defined Contribution {DC) Plan. A fomal valuation of the DB Plan as at 31 December 2019 by a professionally qualified Aduary using the Projected Unit Method. At the valuation date the market value of the 08 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 collectivèly responsible for funding this deficit. The next actuarial valuation of the DB Plan wrthin the Scheme was due to take place not later Ihan as at 31 December 2022. However, the DB Plan is to be wound up, and the process to wind it up was started with effect from 31 march 2024 and therefore no formal valuation is due lo take place. On the 30th June 2022 the Baptlst Pension Scheme signed an agreement with the Insurance company Just Group l°Just°) to secure DB Plan members. pension benefits. Just ar8 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 2022 under which recovery contributions from each participating employer in the DB Plan reduced to £1 per month from August 2022. These Contributions are payable under the recovery plan until June 2026. The outstanding deficiency contributions due under the Recovery Plan are not considered material arKI therefore have not been included in the Statement of Assets and Liabilities. The accounts and Ststement of Assets and Liabilities Sel out on pages 110 8 relating lo the year ending 31 December 2023 are as approved by the Gharity trustees. Signed k/O-' CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl mombor8 of £¢sG EnfTtST CkI￿￿c É4 On accounts for the year •nd Charity no lif any) 1131199 81 1 e boR 20)2 Set out on pages I report to the trustees on my examination of the accounts of the above charity { Ihe Tru51'1 for the year ended l - Rosponslbilltles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 20111.the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Ad and in ¢arrying out my examination, I have followed the applicable Directions given by the Charrty Commission under section 145(5){bl of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that discloseé below ') in connection with the examination which gives me cause to belièv8 that in, any material respect.. accounting records were not kept in accordance with s8Ction 130 of the Act or the accounts do not accord with the a¢¢ounting records Independent oxaminerf8 8tat•m•nt I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delet8 the words in the brackets if they do not apply. Signod: Date: Namo: A74oT Relevant professional quallflcatlonls) or body lif any). Address: epL￿C&￿t￿Rp5 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Seclion A Independent Examiner's Report Report to the trusteesl members of e&@ £¢sE Env(ISI On accounts for thè yoar ended Charity no lif any) C Com b£R 2EJ2 1131199 Set out on pages I report to the trustees on my examination of the accounts of the above charity I'the Trust.) for the year ended O 11 I￿1 Y Y ('( . Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (°the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)Ib) of the Act. I have completed my examination. I confim that no material matters have come to my attention (other than that disc105ed below ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connertion with the examination lo which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 25 Name: Relevant professional qualification(s) or body {if any): Address: i L f RLfvsc67fr6RP6