Balham Baptst Churth REGISTERED CHARITY NUMBER: 1131915 Report of the Trust8es and Flnandal Statem8nts for the Year Ermled 31 D8cemb8r 2023 Balham BaptSsl Church
Balham Baptist Church CoNTEp¥fs OF THE FINANcL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Report of the Trustees IrKlepend8nt Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Flnanclal Statements 10 Detsiled Statement of Financial Activities 13
Balham 8aptist Church TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report with th8 financial statements of the c*)arity for the year ended 31 Dernber 2023. The trustees hav8 adopted the provisions of the Stat8ment of Recommended Practice (SORP) 'Accountlng and Reporiing by Charities, issued in March 2005. REFERENCE AND ADMINISTRATK>N DETAILS Charlty name Balham Baptist Church Reglstered Charlty number 1131915 Prlnclpal address 21 Ramsden Road Balham London SW12 8QX Ttee8 Rev Steve Rouse, Chair- Minister. Fellowship Leader Ms Maria Brown- Ministry LeaderlLight Team member Mr5 Christine Julian-Huxley- Light Team member Rev Jim Sutton- Minister (Resign8d - September 2023) Mr Ogemdi Ekwegh - Llght Team member (Resigned - August 2023) Independent Examlner Jackle Wellington 13 Lancing Road Orpington Kent BR6 OQS STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The tharity is controlled by ts goveming document, a deed of trust. and constitutes an unincorporated charfty. Trustees are elected from membership. Risk management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure approprlate controts are in place to provide reasonable assurance against fraud and error.
8alham Baptist Churth OBJECTIVES AND ACTivrriES, ACHIEVEMENTS AND PERFORMANCE Balham Baptist Church's re value8: we are Led by God and seek to polnt others towards hlm,, we Invest In one another. we are a dlverse Family; we Equip each other for our frontlines. Maln actlvltlos and achlovoments Our theme for 2023 has been based around the words of Isalah Isalah 55.3. fome to me wlth your ears widg open. P8y attention and you wll Ilnd Ilfe". Thls Is a passage that finds deep resonance vAth our church's Core Values. as we seek to be a community that both knows. experiences and shares the fullness of Ilfe that God offers thls worfd. One way In whlch we sought to embed this theme wbthin the life of our church famlly Ilfe across the year, was to create an online music playllst ('Ears Wlde Open.). vh)Ich comprised tracks, hymns and songs chosen by members from right across our church family. The intention was to help us all batter connect wlth God throughout the year, and has proved a wonderful opportunity for us to1Ssten and leam from how God mlght have spoken to each of us. Overall, 2023 presented a year of continued rebulldlng and growth as a church communlty and our ongolng mlnlstry, followlng the dlfferent challenges brought about by Covld In recent, prevlous years. 2023 also represented a year of slonificant change In the Ilfe of Balham Baptist Church, particularly Sn relatlon to our leadershlp. Throughout 2023 our bulldlng was once agaln the source of much Ilfe as we hosted and partnered with a large number ofexternal groups and organlsatlorK8. alongslde thos8 mlnlstrl88 and actlvltles that formed part of the worship and ministry of the church communlty itself. As in previcwJs years we continued to work hard to blend boundarfes betrween these dlfferent aspects of Balham Baptlst Church Ilfe. bulld relationshlps behveen the dlfferent part8 of our community. and creat8 space for those vtho use our bulldlng from Monday-saturday to connect wlth those who primarily gather on a Sunday mornlng. It was encouraglng to see not only the continued grovrth In use of our spaces, parbculady the Hub and Hangout, but also the integratSon and connedlon between variou8 groups and commun5tle8 U8lng the dlff8r8nt Spaces. Whilst there vms no significant work carrled out on Ihe church buildings through 2023, we did contSnue to pursue ways to make our Spa$ a place of welcome for all who use them, and remain encouraged by the positive feedback that so many provide about thelr use of our d)urch. As a church vle have continued to support a number of causes through the year as part of our wider vision and purpose. As In prevlous years the charity Ella's continued to be a key partner, and focus of our 5UPPOrt. with our coffee hub donatlng 50p from every hot drlnk sold. once again raising a slgnificant amount durlng the yaar, along with the opportunity to raise awareness and support. We also contlnued to provide some financlal support to 8MS W¢JrEd Mlsslon, Baptist Union Home Misslon and Way4Ward. and Street Paslors.
8alham Baptlst Church Across the year. as part of our Sunday Gatherings. we sought to deepen our relationship with God and with one anolher. as well as be equlpped to serve God's World by joumeying through a number of series together. including those shaped around various books of the Bible {suth as Philippians and Ephesians). as V11 as more thematically based series, suth as 'FAITH', 'Time To Rest, and 'Confidence'. Sunday Gatherings also provlded opportunltles to mark 8nd celebrate significant moments in the lrfe of our growing church family induding dedications, and baptisms which offered cause for celebration. As one exampl8 of this we wer8 delighted to host three baptisms towards the end of 2023 which serve as a reminder of God's ongoing Vrk in and through our community. As mentioned above 2023 has also represented 8 year of significant change for Balham Baptist Churth. particulady in the area of leadership. In June we were d81ighted to celebrat8 the Ordination of Ogemdi Ekwegh {ND) as a newly accredited Baptist minister, following his three years training with Spurgeon's College and serving as a Minister in Training with BBC. Having come to faith as part of our church o)mmunlty. followed by a later llIng Into accredited ministy. It vras wlth a mlxiure of sadness but also great joy that we were able to support and bless ND. his wife Emma and their two sons, as they followed God's calling to leave Balham in September as ND took up the post of minister with Olton Baptist Church. Alongside this, 2023 also brought a farewell to our full-time minister Jim Sutton, along with his wife Sarah, and their Iwo children moved to Australia in the earfy Autumn in order to be closer to family living the. Again, having welcomed JIM and Sarah Into the church over a decad8 ago. and joumeying with Jim through ministry training and accreditation as a Baptist minister. it Is wlth a sense of deep thankfulness to God that we rnember the legacy of his ministy and the feltowship of both famllies as part of our church story. Following the departure of both Nd and Jim as leaders (and as trustees) respectlvely, the church drew together to discuss, pray arKI disrn God's leading for the appointment of a new, full-tlme minister to serve alongside Steve and wider staff and leadership team. Following this season of discemment as a church community In November we were delighted to offer the invitation for newty accredited Baptist minister Pete Herb8rt-James to serve in this post, and join our ¢hur¢h family along with his wife Jo. Pete offered a familiar face for some of the church having previously served in London with both Klng's Cross Baptist Church and London Baptists. This appOInthnt marks another exciting chapter in the lrfe of Balham Baptist Church and an opportunlty to give thanks to God for His continued faithfulness to us as 8 churth. As we continue With our calling and focus on bringing lrfe to all those we are exdted to enter into 2024 in which Balham Baptist Church will enter its 150th year of life. This brfngs the wonderful reminder of God's faithfulness and provislon for us as a church over many years, and the remlnder that we serve God's bigger story of restoration and renebval in His vr1d.
Balham Baptist Church FINANCIAL REVIEW The trustees do not have a reserves policy. STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees are responsible for preparing the Report of the Trustees and the finanixal statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law appltcable to charitles in England arKI Wares, the Charities Act 2011, Chaiity (Accounts and Reports) Regulations 2008 and the provision5 of the tfust deed requires the trustees to prepare financial statements for each financial year which give a tn* and fair vt8W of the state of affairs of the charity and of the incoming resources and apICabon of resources. including the income and expenditure, of the charity forthat period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - obseNe the methods and principles in the Charty SORP: - m8k8 judgements and estimates that are reasonable and prudent., - pr8pare the financial ststements on the going ¢oncarn basis unless it 18 inappropiiate to presume that the chaiity will continue in business. The trustees are responslble for keeping proper accountlng records which disGlose with reasonable accuracy at any time th8 financial position of the charity and to enable them to en8ur8 that the financial slatements compty with the Charitles Act 2011, the Charity (Accounts and Reports) Regulations 2008 and th8 provisions of the twst deed. They are also responsible for safeguarding the assets of the charity and hence for taking rea80nabl8 8tèP8 for tha prevention and detection of fraud and other iffegularities. DECLARATION The trustees declare that they have approved the tru8tee8' report above. Signed on behaff of the charity'8 trustee8 Steve Rouse Minister May 2024
Balham Baptlst Churth INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BALHAM BAPTIST CHURCH I report on the accounts for the year ended 31 December 2023 set out C pages 8 to 14. ResP•¢t rn8ponslbllMl•s of trustees and examSngr The charity's trustees are responsible for the preparation of the accounts. The charity's trusteés consider that an audit is not required for this yéar under section 144 of the Charitles Act 2011 {the Charities Act) and that an independent examination Is needed. It is my responsibility to: exarnin8 the accounts urmder section 145 of the Charities Act, to follow the procedures lald down in the gen8ral Diréctions given by the Charlty Commission (under section 145(5Xb) of the Charitles Act. and to state wh8th8r particular matters have cx)me to my attention. Ba818 of Indopnd•nt oxamln•rfs •l•t•ment My examinatlon was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the aco)unting records kept by the charity and a comparfson ofthe accounts presented with those records. It also indudes conslderation of any unusual Items or disclosures in the accounts. and seeking explanations from the Irusté8s concernlng any such matters. The syocedures undertaken do not provide all the evidenc8 that would be required In an audit, and consequenuy no opinion Is given as to whether the accounts present a 'true and fairf view and the report is Ilmlted to those matters 8et out In the statement below. Ind•p•nd•nt oxamlnoV8 •t4tsm•nt In connectlon with my examlnatlon, no matter has come to my attention 1. which gives m8 reasonable cause lo belleve that in. any material respect. the requirements: to keep accounting records in accordance with section 130 of the Charities Act: and to prepare aounts whith accord with the accountlrvJ records and cffliply wlth the accounting requirements of the Charltles Act have not been met: or 2. to whlch. in my opinion, attention Shou be drawn In order to enable a proper understsnding of the accounts to be reached. Slgned ¢JL Jackle Wellington Chartered Accountant 13 Lancing Road Orpington Kent BR6 OQS 15 May 2024
8alham Baptist Church STATEMENT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Restricted 2023 2022 funds fund Totsl funds Total funds Notes INCOMING RESOURCES Incomlng resources from genoratod funds Voluntary Income Investment Sncome 293,007 1,879 293,007 271,444 1,879 208 294,886 294.886 271.652 RESOURCES EXPENDED Charltsble actlvltlgs Resources Expendéd on Charttsble Actlvitles 199,205 Support costs 111,435 Governan¢8 costs 7,592 199.205 199.878 111.435 95.105 7.592 7,134 318,232 318,232 302,117 NET INCOMINGI{OUTGOING) RE8OURCES(23,346) (23.346) (30,645) RECONCIUATION OF FUNDS Total funds brought forward 1,866,087 73.023 1,939,110 1,962,456 TOTAL FUNDS CARRIED FORWARD 1,866,087 73,023 1,939,110 1,992,456
BALANCE SHEEf AT 31 DECEMBER 2023 fwKI Tal furKls Total funds FIXED ASSErs Tangible assets 1,583.767 73.023 1.656.790 1.675.782 1.583.767 73.023 1.656.790 1,675.782 CURREKf ASSErs Cash in ha1 283.070 283.070 287,424 CREDITORS Amounts falling due within one year 6 (750) (750) (7501 NET CURREKf ASSErs 282.320 282,320 286.674 TOTAL A'SSErs LESS CURRENT UABILMES 1.866.087 73.023 1.939.110 1,2,456 NEf ASSErs 1,866.087 73.023 1.939.110 1,962.456 FUNDS Unrestricted furmts Restricted fund 1,866.087 1,889.433 73,023 73.023 TOTAL FUNDS 1.939.110 1,962,456 The financlal statements are apwoved by the Board of TTUStees and are sigr*d on ts behalf Steve R¢)use Minister May 2024
Balham Baptlst Church NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 BASIS OF PREPARATION The financial statements have been prepared under the historical cost convention. with the exception of investments which are included at market value. and in accordance with the Financial Reporting Standard for Smaller Entities (effecttve April 2008), the Charities Act 2011 and the requirements of the Ststement of Recommended Practlce. Accounting and Reporting by Charities. 2. ACCOUNTING POLICIES Incomlng resources All incoming resources are included on the Statement of Flnancial Activities when the charity is legally entitled to th8 income and the amount can be quantified with reasonable auracy. Rgsourcos expended Expenditure is accounted for on an accruals basis and has been classtfied under headings that aggregate all cost related to the category. Wlhere costs cannot be directy attributed to particular headings they have been allOted to activities on a basls conslstent wilh the use of resources. Tangible flxed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lrfe. Freehold property- 2% on cost Taxatlon The charlty is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at Ihe discretson of the truste8S. Restricted funds 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 rdised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 3. TRUSTEES, REMUNERATION AND BENEFITS There were no Itees, remuneration or other benefits for the year ended 31 December 2023 nor for the year 8ndad 31 Drnber 2022. Trustees. exn$9$ There were no twst8es' expenses paid ts the year ended 31 December 2023 nor for the year ended 31 December 2022.
Balham Baptist Church 4. STAFF COSTS 2023 2022 Wages and salaries Employer's National Insurance costs Employer's contribution to pension schemes 139.437 2,439 7,642 149,518 133.839 2.881 11,593 148,313 The average monthly number of employees during the year was as follows: 2023 2022 No employees rec8lved ernoluments in excess of £60.000. 5. TANGIBLE FIXED ASSErs Freehold property Cost At 1 January 2023 At 31 December 2023 2,142,408 2,118,552 Deprnclatlon At 1 January 2013 At 1 January 2014 At 1 January 2015 At 1 January 2016 At 1 January 2017 At 1 January 2018 At 1 January 2019 At 1 January 2020 At 1 January 2021 At 1 January 2022 At January 2023 Charge for year 33.500 39.747 39.747 40.013 40.013 40,934 41,170 41,395 41,940 41.940 42.371 42,848 At 31 December 2023 485,618 Net book valuè At 31 December 2023 1,656,790 At 31 December 2022 1,675.782
8alham Baptist thurch 6. CREDITORS: AMOUNTS FALUNG DUE MTHIN ONE YEAR 2023 2022 The Turtle Trusv The John Bradford Trust 750 750 750 750 7. MOVEMENT IN FUNDS Net movement In funds At 111123 At 31112123 Unrn8trlctsd fund8 Gener81 fund 1.889,433 (23,346) 1,866,087 1,889,433 1.866,087 Ro•trlcted funds Restrlcted 73.023 73,023 TOTAL FUNDS 1.962,456 1.939.110 Net movement In funds. included In the above are a8 follows: Incomlng Resources expended Movement in funds Unrestrlctsd fund8 General fund 294.886 318.232 {23,346) TOTAL FUNDS 294.886 318,232 (23,346)
Balham Baptstchurch DErLED STATEMEKf OF FiNANcL ACTNMES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOMING RESOURCES Voluntary Incomo W88kly Offefings Glft ald Lettings In(x)me Lega¢ieslGifts Donatlons to Church Aclivthes 62,853 418 213.089 5.000 11,647 293.007 67,118 10.992 186.004 7,329 271.444 Investment Incom• Int8r8St on savings 1.879 1,879 208 Total Inc(xnlng resource• 294,886 271,652 RESOURCES EXPENDED Charltabl• actlvftles Mlnisters, Stipends (Incl Houslng 8lkManLX) Other Staff Salaries Employerfs Nl and Pension8 (ind Defidt contrlbution) Mlnlsters, expenses Manse running cost Purpose Areas Youth work Senlors work Equipment Pur988 BMS Workl Mlssion Home Mi8sion Street Pastors Ella's Home way4Vrd Other Donadons Fees, SubscriptSons & LKen(*s 74.976 64.461 10.081 2.512 4.292 6.295 84.403 49.436 14,474 1,976 2.615 4,962 835 587 13.303 7.000 7,000 2,100 3,500 3,500 174 10.613 2,1(KJ 3,500 2.250 250 2,758 199,205 4.187 199.878
Balham Bapttst thurth 2023 2022 Govemance Accountsncy fee Other professional fees 250 7.342 7.592 250 7.134 Support costs - IAanag•ment Rates and watsr Insurance Llght and heat Talephone & Broadband Office and General Expenses Refuse OtectIon Repalrs. maintenance. deanirvJ Manse repalrs and malntenance Depredation - Freelx)Id prop 337 7.601 12.471 1,088 6,055 2.723 21,398 1,061 42,371 7,986 15.815 924 8,279 2.618 26,595 5.162 42,848 111.435 95,105 Total r••ourc•• •xpendod 318,232 302,117 N•t (•xp•ndltureylnG4xn• {23.346) (30,465)