Charity number: 1132903
UXBRIDGE ROAD TABERNACLE Reformed Baptist Church Shepherds Bush, London W12
UNAUDITED (Independantly Examined) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30th SEPTEMBER 2023
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church Contents 01 Church Administrative Details 02 Trustee's Report 03 Independent Examininers Report 04 Financial Activities 05 Balance Sheet 06 Signatures
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church 01 Administrative Details Trustees Charity registered number Date church founded - 1891 Pastor Ibrahim Ag Mohamed 1132903 www.uxbridgeroadtabernacle.com Mr Michael Asare Church address Mr Fidelis Chanda Bloemfontein Road Mr Graham Harbird Shepherds Bush Mr Kenneth Thomas London W12 7BX
The Trustees present their annual report together with the financial statements of Uxbridge Road Tabernacle Reformed Baptist Church (the charity) for the year ended 30 September 2023. The Trustees confirm that the Annual report and financial statements of the charity seek to comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in January 2019 (FRS102).
Structure, governance and management
a. Constitution
The policy and operating decisions of the charity rest with the Trustees who meet regularly to monitor the activities of the Charity.
b. Method of appointment or election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed being the church constitution which includes the Rules and Regulations revision dated 24/01/2013
c. Risk management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to safeguarding, health-safety and security risk assessment and a major incident action plan.
d. Banking The church banks with Santander and Nat West using their branches in Ealing. The church is seeking to balance the amounts which are held between these banks to get as much cover as possible via the Financial Services Compensation Scheme. Whilst efforts are made to hold monies within interest yielding deposit accounts, the interest gained is negligible at this time.
e. Independent Examiner - The churches interpretation of the latest requirements is that the services of an appropriately qualified person should be engaged. This report is included within this submission.
f. Organisation structure. As a Bible believing church we take for our instruction matters such as church governance from the New Testament. The structure of Elders and Deacons is utilised with the Pastor being the preaching Elder taking the lead. He, as a salaried position, is supported by Elders and Deacons. The Elders are focussed on the spiritual wellbeing of the membership and attendees of the church whilst the Deacons focus on the general wellbeing of the membership and attendees of the church. The practical upkeep and general running of the fabric of the buildings falls under the responsibility of the Deacons. The church officers meet, at least, in compliance with the requirements of the Constitution and decisions made, which affect the church through expenditure or have need of approval are brought to the members for corporate agreement at the bi-monthly meetings.
g. Policies and Procedures - The church does seek to maintain a standard of record and control over its documentation with revisions being carried out, approved and changes tracked. This is an ongoing process.
Objectives and Activities
h. Policies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the charity commission relating to public benefit and in particular to its supplementary public benefit guidance on the advancement of religion for the public benefit.
The principal object of the charity is to be a gathering of Christians where the praise and worship of God is offered up along biblical lines and where there is active service towards the extension of Christ's kingdom. This objective is sought to be achieved by regular Sunday services, youth work, outreach and the support of a number of missionary endeavours in the United Kingdom and abroad.
i. Grant making policies The Church Officers develop an annual allocation of grants to missionary causes before being presented to church members for agreement.
Achievements and performance
j. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
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UXBRIDGE ROAD TABERNACLE 02 Trustees Report
Reformed Baptist Church
The following is a precis of the detailed report prepared by the Church Secretary on behalf of the Trustees of the charity.
During the financial year of the church Mr J Avery retired from his position of the Pastor of the church. In the interregnum the work of the church continued under God’s blessing. The church was blessed by preaching from church members and supported by men who were known to hold the same beliefs as the church. The church is grateful to them all. During the interregnum efforts continued to find a replacement. Pastor Ibrahim Ag Mohamed was welcomed as the new Pastor of the church at a service held on the 25[th] November 2023.
Outreach into the local area has continued, along with the youth work of the church, both at midweek and Sunday meetings. The strength of the church, with regard to membership, currently stands at 30.
After circa 45 years the church organ developed a fault which could not be rectified and therefore needed to be replaced. Installation of a new organ is expected in January 2024. This represents a significant financial expenditure for the church.
In time for our new Pastor to take up residence, the refurbishment of the manse was concluded.
Ongoing maintenance work and specific maintenance days seek to ensure that the church buiding is kept in good order. The church works closely with our insurers to keep on top of regulations and responsibilities.
The church has maintained prayer and financial support for the various missionary causes that it follows in this financial year.
The Elders and Deacons are thankful to God for ongoing support as we seek to carry out the aims of the church, giving all glory to God alone.
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church 03 Independent Examiners Report
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church Independent Examiners Report - continued
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church
| 04 Statement of Financial Activities | |||||
|---|---|---|---|---|---|
| Incorporating income and expenditure account | |||||
| 2022 - 2023 | 2021 - 2022 | ||||
| General Legacy Account | |||||
| Monies received during period | nil | nil | |||
| Monies expended / transferred during period. | (internal transfers) | nil | nil | ||
| Dew Family Memorial Fund | |||||
| Monies received during period | nil | nil | |||
| Monies expended during period. | nil | nil | |||
| Emergency Fund Account | |||||
| Monies / transfers received during period | £ | 810.00 |
nil | ||
| Monies expended during period -Turkey earthquake | £ | 810.00 |
nil | ||
| Major Works Account | |||||
| Monies / transfers received during period | £ | 92.33 |
nil | ||
| Monies expended during period | £ | 5,615.00 |
£ | 6,208.55 |
|
| (This account has been designated as the account to monitor | |||||
| the costs arising from the refurbishment of the manse. Upon | |||||
| final completion, expected in 2023, this account will be augmented | |||||
| by internal transfer to return the account to a nil balance) | |||||
| Contingency Account | |||||
| Monies / transfers received during period | nil | nil | |||
| Monies expended / transferred during period | nil | nil |
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Incidental Account
Summary of Expenditure
Ministry General Expenses £ 11,713.13 £ 34,661.74
Direct Debits £ 7,160.98 £ 5,364.80
Visiting Preachers £ 12,430.00 £ 3,965.00
Church Officers expenses £ 230.37 £ 2,634.25
Miscellaneous Expenses ( general ) £ 4,900.59 £ 5,144.42
Maintenance Expenses £ 3,664.92 £ 2,002.14
Evangelism expenses £ 1,565.71 £ 656.10
Thank offering expenditure £ -
Bank Charges / Adjustments £ -
Missionary £ 26,550.00 £ 24,050.00
Account transfers nil nil
Sub total expenditure £ 68,215.70 £ 78,478.45
Summary of Income
Sunday Collections Cash £ 16,901.05 £ 19,914.95
Sunday Collections Envelopes (Gift Aid recoverable) £ 38,906.00 £ 32,154.00
Account Interest £ 1,646.36 £ 206.84
Giving special £ 166.53 £ 13.16
Thank offering £ 3,842.00 £ 3,600.00
Covenant Giving / Gift Aid Refund £ 9,846.50 £ 8,771.00
Missionary special nil nil
Account transfers nil nil
Sub total income £ 71,308.44 £ 64,659.95
Accounts closing balances
Incidental £ 6,596.27 £ 3,503.53
Dew Family Trust £ 659.63 £ 659.63
General Legacy Account £ 298,974.02 £ 298,974.02
Emergency Fund £ 500.00 £ 500.00
Contingency Account £ 60,000.00 £ 60,000.00
Major works Account -£ 11,731.22 -£ 6,208.55
Total £ 354,998.70 £ 357,428.63
Banking
Current account - Santander £14,569.04 £5,851.03
Savings accounts £328,733.90 £327,087.54
Current account - Nat West £11,425.01 £24,406.67
Cash in Hand £270.75 £83.39
Total £354,998.70 £ 357,428.63
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UXBRIDGE ROAD TABERNACLE
Reformed Baptist Church
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05 Balance Sheet
Fixed assets
Church building Bloemfontein Road, Shepherds Bush London W12 £ 2,000,000.00
Manse - Pastor's residence 23 Steventon Road London W12 £ 850,000.00
Contents of the church building - assessed at a current value of £ 25,000.00
Total fixed assets £ 2,875,000.00
The above figures have been assessed based on insurance values and
local market prices for similar properties, but should be considered as
indicative due to the volatility of national and local valuations.
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UXBRIDGE ROAD TABERNACLE Reformed Baptist Church
This report is confirmed as an accurate record of the activities of the church for the financial year ending September 2023.
Pastor and Trustee Mr I Ag Mohamed …............................................ Elder and Trustee Mr M Asare …………………………………………………. Secretary, Deacon and Trustee Mr G Harbird …………………………………………………. Deacon and Trustee Mr F Chanda ……………………………………………………… Deacon and Trustee Mr K Thomas ……………………………………………………… Deacon and Treasurer Mr G Rowe …........................................................................................ Signature date …................................................................................. Page No. 10 and end