Emmanuel Baptist Church Thamesmead Trustees, Annual Report and Financial Statements For the Year Ended 31 March 2025 MDCP Accountancy 25 Merton Road Seven Kings Grealer London IG3 8PB Emmanuel Baptist Church Thamesmead Trustees, Annual Report and Financial Statements For the Year Ended 31 March 2025 MDCP Ac%ounlancy 25 Merton Road Seven Kings Gfealer London IG3 8PB Emmanuel Baptist Church Thamesmead Contents Page Leoal and Admini51ralive Information Report of the Tfustees Independent Examiners Report on the Accounis Receitts and Payments Accounl Staiemenl of Assets and Liabllitles Noles to Ihe Financial siatemenls &8 10 11 12-17 Emmanuel Baptist Church Thamesmead Legal and Administrative Information For the year ended 31 March 2025 Charity Name Ernmanuel 8aplisi Church Thamesmead is regislere(I with the CharSties Commission urKler SecAion 3Q (2) (b) of the Charilies Acl 2011. Registered Charity Number 1132482 (England & wales) ￿lStered 51h November 2009 Affiliations The Church is a member of Ihe Baplist Union of Great Briiain. The London Baptist Associaiion and the Evangelical Allianc8. Principall Registered Address Emmanuel Church, Yamton Way, Soulh Thamesmead, Kent. Grealer LorKlon, OA18 4DR Goveming Docufflent The Church's governing document is Ihe Churth Corb51itutk)n from Ihe model Baplist Union GB pr(Kluced vers¥)n adopted on 27 September 2009 as amended on 02 Jun 2020. Charitable Oblect The principal purpose of the Church is the advancement of Ihe Christian faith accordirYJ io the principles of the Baptist denominaiion including the advancement of educalion. communrty service and such olhef gener31 charrtable tAJfposes in such parts of the United Kingdom and the WO￿ as Ihe church shall detennine. Trusieeg The Trustees who ser¥£d durlng Ihe yeaf or who We￿ Serwi￿d at the date of this report were: oldin Trustees: The cusiodianlhokling Truslees are as follows: The LorKlon Baptsl Property Board (Church) The LorKlon Bapiist Pmperty Board (Manse) na he Chu ler dDea ha enin t as follow Rewl Angela Bacon Mr. Johnson Afari Chairperson, induded January 2019 Church Secretary and deacon, elecled SeCr￿ary and re•elected as deacon September 2025 Treasurer and deacon. re-elected September 2025 re•elecled as deacon September 2025 re-elecled as deacon September 2025 re-elecied as deacon September 2025 elecled as deacon September 2025 Mr. Eric Engmann Mrs. Janel Croucher Mr. Emmanuel Ogunsanwo Mr. Peter Musembi Mrs. Rebecca Geo(ge Propertyi Custodian Trustses The London Baptist Properly Boa￿. 235 Shaftesbury Avenue, London WC2H 8EL Bankers Saniander. Btidle Road, Boolle. Merseyside L30 4G8 Accountsnts & Bookkeepers MDCP A(xountancy. 25 Merton Road. Seen KiThJs. Grealei London. IG3 8PB Independent Examiner Trevor Webb Emmanuel Baptist Church Thamesmead Legal and Administrative Infomiation For the year ended 31 March 2025 Solicitors AS retained by LorKlon Baptists (LBA) Emmanuel Baptist Church Tharnesmead Trustees, Report For the year ended 31 March 2025 The ifustees as detailed 8bove presenl their Annual Report and financial slatements of the chaTity fof the year ended 31 March 2025. The financial stalements have been ptepared based on the accounlino poliaes set oul on page 10 of the church's statement of finanual activitses for the year ended 31 March 2025. Charitable Objeci The Chafity is governed by an Approved Goveming Document which states thal the principal purp)se of the charity is Ihe advancement of Ihe Chfislian faith accoNling to the principles of Ihe Baptist Union of Great Brilain including the advancemerrt of education, comfflunity sepKe and Such olher general charilable pufj)oses in such parts of Ihe United Kingdom and the worbj as Ihe Chufch shall delerrnine. Organisational Struclure Recrutiment arKI a oinlment of Trusiees The London Baptist Property Board is Ihe Custodi8n Tfustee. The ManagiNJ Trustees afe the Oiaconale of the Churth. consisling of 6 elected Deacons. including 8n elected Secretary. an elected Treasurer, and the appoinled Minister. Nominations are inviled anniialty for eleclion to fill any vacancies on Ihe diaconate. Deacons are eleded by majorily vote by those members Pfesenl atKI voling at the church members, meeting. They normally seple for a period of 3 years. at Ihe conclusion of which they are eligible lor nomination and re-eleclion. The nominalion procedu￿ for deacons exdudes Don-n￿mber5. Induclion and Ifaini of new Truslees Guidance docufflenls publishe(I by Ihe Charity Comffllssioners and the Baptist Union of Greal Briiain are made availabk to all Truslees. Several deacons serno for fflote than one ienn. Wmlucing ac￿mUle11rrfJ e￿rfenCe wfilhin ihe body of Ttustees. Arrangemenls are made to ensu￿ that nol 811 the deacons reliie at Ihe saffle lime. All deacons acknowledge Ihe need for divine Wbsdom and where necessary. tKofes5ional advice. The Tnjstees meet al agreed Inte￿als, usually once a month. for wayer and txjsiness. SecrElarial 5UPPOrt is provided by a paid part-lime Church Administralor. mem Members of the Church a￿ accepted in accoYrJance wllh the Constitulion whlch recommend them lo be or to have been publicty ba￿lSed on Ihe profession of farth in Jesus Chtisi or following other modes of ba￿lsM to renew Iheir public profession of farth in Jesus Christ. The Membefs Meeting takes place at least fouf lirne5 year, Including the Annual General hAeeting and has sponsibility for Ihe obtfall policy of the churth includiw the feview of apFM)inltne￿S when needed. In accxjfilance with Ihe Constlulion. Ihe Member5 ap￿in1 up to eighl Deacons. including a Church Secrelary. and a Treasurer who logether wrfh Ihe Minisier are responsible for the day to day running of Ihe chufch's work and wilne5s, and Ihe financial and legal aspects of Ihe charity. All Membe(s are en(x)uraged to take an appropriate part in the spititual and pradical tasks involved in ihe furtherance of the charitable objectives. Relevant matters may be raised by members in Chufch meetings lor further consKleralion by the deacons. the Church seeks lo work by consensus wherever wible. elalionshi wrth olher anisations Emmanuel Bapiisl Church Thamesmead is in full accord wrth the objeds and molivation of the Evangelical Alliance and full fellowship continue5 wilh the Baptist Union of Grtat Britain. especialty Ihrough the London Baptists. Believing thal Jesus Chrisl is the only mediator between God and human: IhK% church supports wo￿1 eVangel￿allOn and extends friendship to all Ir￿Spective of race or felwJion. Risk Mana ement The church ha5 an apkX)inted healih and safety officer in the person of Yomi Adebiyi, and we are careful to establish and review practices arKI routines which maintain biblical orth(KIoxy and comply with applicable legislations. INhere these appear to conflid, greatei Ca￿ and traini￿j is aCce￿ed as oblwjatory. There afe also 4 fully trained first aKJers. The churth has a safegua(ding policy and a set of safeguafding procedures in place. Emmanuel Baptist Church Thamesmead Trustees, Report For the year ended 31 March 2025 The church recognises ts responsibilrlEs in safeguaNling all children. young peO￿e and adutis at risK rega(dless of gerKler. eihnicity or abilrty. and commrts iiself to the nurturing. [￿le(liOn and safekeeping of all associated wrth the church and will pray for Ihem regularty. In pU￿Ul1 of this, we commii ourselve51o Ihis policy and to Ihe developrnent of sound procedures lo ensure we Implernent Ouf policy well. The safeguardino policy. procedu￿5 and practices are reviewed on an annual basis. There is a Designated Person for Safegu8rding (DPS), Peter Yinfaowei, a deputy DPS. Rebecca George and a Safegua(rling Ttuslee. Janel C(Ouchet. Objeeiives and Activities To achieve its principal objeciives as set out above, the Church proTr4Nle5 a variety of activities tK)th to ts fflembership and to the community generally. The aim is to Show the love of Jesus Christ in IM)Ih word arKI deed 8￿j to bring people into a closer relationship wilh Jesus Chrisl as living Lord. Central to the wotk and wilness of the Church is the kyovlslon of regulai public se￿iceS of Christian worship. These service5 lake place each Sunday at 11.00 a.m.. and Ihere ate wular Bible classes foi all age groups conducted from 10.00 am every Sunday. Special services al other times a￿ advertised on Ihe Church Notice Board. Church Website, Ihrough leafleti￿ and by sending emails lo member5. There is a full children's programme during each Sunday morning ser¥ice serving preschool and primary age chiklren. The church seeks lo be a fn'endty arMI welcoming cofflmunity, and anyLM)dy is free to attend any of Ihese serwices. The Church rnns a range of "new life" groups for the growth of faith and discipleship on the church premises where l)oth member5 and non-members are welcome lo aitend. The Young Foundations Preschool closed at the end of the 2024125 academic year as It was no longer financially wiable io continue lo operaie. This decision was taken by the Pr&School management on 18 March 2025, and Ihe diaconate and Injstees were fonnally nolrfied on 214 March 2025. Bexley Council and OFSETD were ￿th formalty notified. Emmanuel Bapiisi Church Thamesmead continues to wovNJe premises and other support for the wotk of the Greenwich Food Bank which distributes fo(>J to Ihose in need after refeNal from local professionals. This strenothens effective paslor81 links wrth local schools. senior teachets, soGial worke￿, and other communrty care lean￿. Achievements and Perfonnan¢• The Church does nol measure Ihe Sucxess of its programmes only in numbers, includino financlal numbers. but also In less tangible areas like fellowship and encouragement. The Church reco9nise5 that Ihese are difficuli to measure: Regular Sunday Ser￿lceS are hekl. and we continue lo offer onllne services to Ihose membe[5 who a￿ unable to attend physically. Overseas mission activity In addition to regular support for BMS Worbj Mission the church continues to support Evangelical Aclion Brazil (EAB). a chan.ty working in Paraiba. in the northeasl of Brazil. Regular updates are received from John and Liz Medcraft who head up Ihe EAB Charily. UK Giving The church makes annual payments to the Baplist Unlon of Great Btiiain (BUGB) Hoff￿ Mission, Ascensiort Trust and sen￿r5 in Touch. Local outreach and Social Activities )ffth the Support and generous giving of the congregalion we made and donaled a total of 150 Chiislmas vouchets to people and families in the local cofflmunrty. We atso njn. in conjundion with the Greenwich Food Bank. a food distiitsulh)n cenire each Tuesday and Thursday morning. Public Bener The Church leadets are satisfied thal the aclivities oullined above demonstrate thal the chatity is F¥ovKling a benefit to Ihe public and local community. Emmanuel Baptist Church Thamesmead Trustees, Report For the year ended 31 March 2025 Trustees. responsibilities in relation to financial statements The law applicable to charities in England and Wales requi￿5 the Truslees to prepare financial slalements for each financial year which give a iwe and fair view of Ihe charity's aclivilies during the year and of rts fiTranciai Posilion ai the end of each year. In preparing these financial statements, the Irustees are fequifed lo: Seleth Suitable accounting policie5 and then appty them consisiently. make judoemenls and estimaies thai are reasonable and p￿deTrt. slate whelher applicable accounting standards and staiements of comrnended practice have been followe(I, subjed lo any departures disclosed and explained in Ihe rinancial statements. Prepare the financial slatements on the assumptknn thal the charity wlll continue in business. Financial Review The full financial Stalement for 2024-25 15 attached. The church continued io raise Ihe funds which it needs lo carry on lis adiwities from within ts own fflembership and congregation. The Church is very dependent on, and very graieful for, the volu￿ary worf( undertaken ty many chufch members in all aspects of church lrfe. The Trustees have assessed the major risks facing the church and are satisfied inat Ihere are ￿lICleS in place io minimise these risks, including appropriate PL (public liability) and EL (employerfs liabiliiy) insurance. On 31 March 2025 Ihe Church had net free reserves of £131.$56 (2023-24: £136,999) as foHows: 2024-25 2023-24 Cash reserve5 Less: resl[iCt￿ funds 131,556 {32,774) 136,999 (33,015) Free reserves 98,782 103,984 Free reserves requirement: 6 monlhs budgeted routine expenditure 30,000 30.000 Responsibilities of the Trustees for the Financial Statemenis The law applicable lo chaniies in England and Wales ￿qUIreS the Truslees to prepare financial stalernents for each financial year which give a irue and fair Mew of Ihe ChatilWs aclivrties during the year and of rts financial posilion ai Ihe end of each year. In p￿paring these financial slatements, the trustees are required lo: Selecl suiiable accountirvJ policies and Ihen apply them consistenlty, make judgements 8nd eslimates thai are ￿asonable and prudeni, stale whether applicable accA)unling standards and siatemenls of recommended practice have been followed. subject lo any departufes discbsed and explained in the financial statements. Prepare the financial staiements on Ihe assumption that Ihe charity will continue in business. The truslees a￿ resp)nsible for keeping accounling re￿(d5 whith disck)se with reasonable accuracy al any time the financial posth'on of the charrty and enable Ihem lo ensure that the financial stalemenls comply with the Emmanuel Baptist Church Thamesmead Trustees, Report For the year ended 31 March 2025 Charities Act 2011. They are also responsible for safeguardirNJ the assets of the charity and hence for taking reasonable steps for ihe prevention and deledion of fraud and other irreoulariiies. Appro￿1 by Ihe Trustees on 04 August 2025 and s￿ned on thelr beh81f by: Revd Angela Bacon Minister and Chairperson Sign: Date:..O.l.: 11 . 2 025 Emmanuel Baptist Church Thamesmead Independent Examinevs Report on Accounts For the year ended 31 March 2025 I report to the charity Tntstees on My examination of the accounts of Ihe charrty for the year ended 31 Matth 2024-25 set out on pages 11-17. Responsibilitles and basis of report As the trustees of Ihe charily. you are responsible for the preparation of the accounts in actordarbce wilh Ihe requiremenls of the Charilies Act 2011 (and wtlh ame￿lment 2022). Having satisfied myself that the accounts of the chatity are not requifed lo be audiied under seclion 144 of the Charilies Acl 2011 and are e1￿ible for independenl examination. I teport in iespect of my examination of your charity's account5 to: Examine the accounts under section 145 of Ihe CharIt￿S Acl To follow the wcedures la#1 down In the genefal Direclion oiven by the Charily Commtssk)n under section 145(5) {b) of Ihe Chaiilies Act To state whelher particular maiiets have come lo rny attention. Basis of independent exafflinerfs statement My examination was carried out in accordancè with general DIre￿lonS given by the Charity Commissioners. An examination includes a revhew of the 8ccounlin9 recotd5 kept by the charily and a compafison of the accounls presenied wilh those recoffls. It also includes constrjeration of any unusual ilems or disclosures in ihe accounts al￿ seeking explanations from Ihe TNstees rx)nceming any such matters. The tKocedures undertaken do not OVKle all the evKlence thal wouWJ l)e fequired in the audit, and consequently no opinion is given as lo whelher Ihe ac￿)untS presenl a Ifue and falrf view. and Ihe report is limrted lo those matters set oul in staiement bel<)w. Independent examlnefs sthtement I have compleled my examination. I confirrn Ihat no mattets have come lo my attenlion in connection wrth Ihe examination gmng me cause to believe that in any material respeth: 1 . accounting recoffls were not kept in respect of Ihe Church as required by section 130 of Ihe 2011 Acl: or 2. the accounts do not ac£ord wilh Ihose records; or I have no concems and have come across no other mattets in connection wilh Ihe examination lo whlch attention should be drawn in thi5 report in order to enable a proper u￿le¢StandIng of the accoun15 lo be reached. D•th: 14kn Avcwgr 202( N4m•: i Tfevof Webb R•l•v*nt proles•lon•l Tieasurei ol m￿humbelIan0 Baptssl Church Eirth Keni qu*llfic•tlon(s) or body lif any): Addr••s: Belmoni Road. Enth Kent DA8 ILB Emmanuel Baptist Church Thamesmead Independent Examinerfs Report on Accounts For the year ended 31 March 2025 Trnvor Webb Independent Examiner a)rO 8NX c>o>&) ill- Emmanuel Baptist Church Thamesmead Statement of Assets & Liabilities As at 31 March 2025 Unrestrided Restricted Funds Funds 202&2S 2024-2S Total 2024-25 Total 2023-24 Note Fixed assets Tangible assets 3 412,593 3,412,593 84,526 84,526 3A97 119 3,497,119 3.294.993 3.294.993 Current assets Debtors Cash al bank and in hand 15,688 83,094 98.782 15,688 15.868 131.558 22,806 138.999 157,047 32,774 32.774 Ltabilities Credito￿. Amounts lalling due in one year 3,211 Nel Curre￿ assets 98.782 32,774 131.556 166,594 Long Temi Loans 70,222 70,222 80.523 Net Assets 3,511,375 47,078 3.558,453 3,371,OfA The noles on pages 11- 17 foThn part of these accounls. Approved by the Trustees on 04 August 2025 and signed on ils beh81r by: Revd Angela Bacon Minister & Chairperson A-sfy 8-,- 09.11.2015 Mr. Johnson Afari Church Secretary Mr Eric Eftgmann Treasurer e)fi. i(. i OL5 12 Emmanuel Baptist Church Thamesmead Notes to the Financial Statements For the year ended 31 March 2025 l Aecounting Policies These annual accounts have been prepared on a receipls and paymenis basis and in accordance with the Charities Act 2011 (and wflh arnendment 2022) In 202&24 they were prepared on an accruals basis. A feconaiiaiion between the reserves accounled for on an accruals basis and (esep￿S accounted for on a cash basis as at 31 March 2023 can be found on page 12. 2 Receipts Unresirfcted Funds 2024-2S Restricted Funds 2024-25 Total 202&26 Tolal 2023-24 Donations and Legacles Offerings Donations Sundry Donalions Tax Refunds 113,524 619 40 114.143 40 119.348 3,600 4.745 127.693 113.524 659 114.643 Other Trndlng Actlvlty Regular Lettings 11.860) 47,622 47,762 46,469 Inveslment Income Interesl 743 743 923 other Income (Insurance Clalm) 404 404 19,868 Total Rec•ipts 112.721 48.481 161.203 194.269 3 Payments Unreslricted Funqls 2024-25 Resificted Funds 2024-25 Total 2024-25 Total 2022-23 Ministry Minister's Net Slipend Mini51erf5 Expenses Administratorfs Salaries Pension Ministry Support Visrting Speakers Conferencesicourses 21.392 (165) 26,622 5,236 658 300 769 21,392 (165) 27,400 5.236 703 300 789 30,868 10,878 3,140 4.038 367 800 2.324 778 45 54,812 823 55.635 52,215 13 Emmanuel Baptist Church Thamesmead Notes to the Financial Statements For the year ended 31 March 2025 3 Payments {continued) Unrestricted Funds 2024-25 Restricted Funds 2024-25 Tolal 2024-2S Total 2023-24 Mission - Lo¢•1 Outreach Calering & Ho5￿"talItY Food Bank Slock Young Foundalions Salaries 1,607 303 1 ,500 3.410 4,119 92 38,450 42,662 5,726 395 39,950 46,072 2,772 200 35.812 38,584 Misslon - Supwtsng Glfts and Grants Home Mission Overseas Mission Home Relief Agencies Overseas Relief Agencies 8,650 2,550 5.900 4,800 6,900 4,800 3,817 15,017 10,700 Rates & Insurance Insurance Council Tax 10,700 585 585 1,934 2,519 6.009 1,811 7.820 Utslllles Waier Gas & Eledric 2,519 259 9.344 9.603 259 9.344 9,603 4,378 11,028 15,406 Malntenanco Cleaning & Housekeeping Routine Repaifs & fvlainienance Major Repair5 9,746 13,890 11,885 36,242 43 9.789 13.890 12,571 36.971 1.074 2.166 Administration Printing, Staiionery. Posiage Telephone & Inlernel Subscriptions & Mefflberships Licenses & Pemts Travel Bank ChaffJes 729 2,396 977 2,955 1,904 3.188 953 977 2,955 2,014 3,188 32 72 10,198 1.074 2.166 2.396 2.395 32 72 9.031 72 8,110 Management & Goveman¢• Accountancy Independent Examination (Xher Professional Fees 1,667 1,000 5.956 5.956 4,678 0,9S6 Other Expendrture 1,000 4.678 Total Payments 136.9S3 45,381 182.334 167,808 14 Emmanuel Baptist Church Thamesmead Notes to the Financial Statements For the year ended 31 March 2025 4 Tangible Fixed Assets Freehold land & Equipment building: £ Total Net Book Value At 31 March 2024-25 Al 31 March 2023-24 3.412.593 3.213,187 84.526 81,826 3.497,119 3.294,993 The basis of valualion of land afyj buildlngs ts Ihe insurdnce v81ue as quoted each year on insurance cov8r renewals. The other cateoories are based on an hisiorical cost basis. All Ihe fixed assets are use(1 for chariiable purposes. 6 Debtors 2024-26 2023-24 Gift AKIIGASOS Income Tax Recoverable Loan (Young Foundations Redundancy Conlingency)) Trade Suppliers Prepayments 15,688 17.043 1,279 4,484 Young Foundalions nulsery is a projecl thal is responsible to Ihe church trustee board. 11 was included in the church aC￿UnIS in 202>24 for Ihe fitst time. The debl of £6.325 to the church fof a Tedundancy payment lo an employee made some years 8go by Ihe church on behalf of the nursery. is not shown for the cu(tenl year or prior yeaf compared to the previous yea¢s published accounls. 6 Cash at Bank and in Hand 2024-25 2023-24 Cash In Hand Sanlander Cuffenl Santander SawirYJS London Baptist Pfoperty Board Dep05il HSBC (Young Foundations) Petty C8sh (Young Foundalion5) 4,170 67,365 30,102 18,245 17,117 17.117 136.999 53.156 30,102 18.302 14,230 78 115,868 Young Foundalions nursery is a projed that is responsible to the chuich Irustee board. It was inclLKled in the church's accounts in 2023-24 for the first time and ts being irealed as a Reslfided fund wrth Ihe Young Foundations. closing balance at 31 March 2023 of £13,034 include 19,035 51,062 24,375 58.023 125 125 9 Restricted Funds At31 March 2026 Al 1 Aprll 2024 Receipts Gainsl Payments Transfers Ilosses Hampers New BuiklirNJ Young Foundations 503 12,054 17,117 29,674 48.481 48.481 {45,381) (45.381) 32,774 32,774 In 2024-25 the Church operated the following restri(Xed funds wilh receipts arnl paymenls as follows: Hampers is a fijnd to supw>rt slruggling families during the Christmas period. New 8uikJing is a fund that is used lo cany out mainlenance woths in the church. Young Foundations is a pre-school nursery which opefaies on the church Premises. From 31.3,25 it is being wound down as a missK)n projecl responsible to the church. 10 Unrestrl¢ted Fundg At l Aprll 2024 R•¢eipts Gatnsl Paymenls Transfers (losses At 31 March 202S Ladies Ministry General 1,749 105,57e 107 32S 1,749 81,345 112.721 136.952 Latties Mlnisiry fund is a designated fund Ihai contributes towards their Annual Ladies Conference. 16 Emmanuel Baptist Church Thamesmead Notes to the Financial Statements For the year ended 31 March 2025 11 Pensions The minister and Church pay contribuiions Into Ihe Baptist Pension Fund al 4% and 6% respectlvely of gross eamings. J7