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2024-09-30-accounts

All Nations Baptist Church

Charity Registration Number 1133860

ALL NATIONS BAPTIST CHURCH

BOARD OF ELDER'S REPORT AND ACCOUNTS

FOR THE YEAR ENDED

30th SEPTEMBER 2024 To be added in section

1

All Nations Baptist Church

Charity Registration Number 1133860

ALL NATIONS BAPTIST CHURCH

CONTENTS

Page
Charity Information 3
Trustees' Report 4-6
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts

2

All Nations Baptist Church

Charity Registration Number 1133860

ALL NATIONS BAPTIST CHURCH

CHARITY INFORMATION

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

Charity Registration 1133860 No, 12 Poynders Road Principal Address Clapham Park London SW4 8NY 12 Poynders Road Registered Office Clapham Park London SW4 8NY Barclays Bank PLC Bankers 1 Churchill Place London E14 5HP Natwest Bank Balham Branch 128 Balham High Road London SW12 9AE Independent Examiner Judy Newman BSc., MAAT Newman Nede & Co 1 Bromley Lane Chislehurst Kent BR7 6LH

3

All Nations Baptist Church

Charity Registration Number 1133860

ALL NATIONS BAPTIST CHURCH

THE REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 30th SEPTEMBER 2024

The Board of Elders/Trustees present their report and accounts for the year 30th September 2024

The accounts have been prepared in accordance with the accounting policies set out in Note I to the accounts and comply with the charity's constitution, applicable law and the requirements of the Statement

of Recommended Practice, "Accounting and Reporting by Charities".

The structure of the Charity

The Charity is registered in England and Wales with the Charity Commission under number 1133860.

Legal Structure

The Governing document of the charity is the All-Nations Baptist Church Constitution which was adopted on 27th September, 2009.

The members of the Board of Elders/Trustees of the Charity during the year

The following persons were trustees during the year ended 30/09/24:

The trustees are all individuals. All trustees are members of the charity.

Methods used to recruit and appoint new charity trustees

Clause 15.2 of the charity's Constitution states that "The Church Partners' Meeting shall appoint Trustees to be responsible for the governance of the Church and where there is a Minister that person is a Trustee because of their role and responsibilities. Subject to any specific or general directions of the Church Partners Meeting and the provisions of 9.2 the control management and administration of the Church shall be by the Trustees, save that the Trustees are not required to do anything that would cause them to be in breach of this Constitution or any trustee duty placed upon them as a result of this role."

The object of the Charity and how it's attempting to achieve the objectives

The principal purpose of All Nations Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.

The charity is part of a wider network with: London

Baptist Association

The Evangelical Alliance

Churches Together in England

The charity's relationship with related parties

We are affiliated members through the membership of the Baptist Union of Great Britain.

4

All Nations Baptist Church

Charity Registration Number 1133860

Objectives achieved in the year, a review of activities and significant changes

In accordance with the objectives set out in the constitution of the charity, the church holds church services, prayer meetings, bible studies, Partners Meetings, and other group support sessions. The church has reformed its Pastoral Care groups.

The church continues to support the Foodbank which provides food to local people in crisis although as there are now more Foodbank branches in Lambeth the Clapham Park Branch located on our premises has now closed.

The board of Elders/Trustees are satisfied with the performance of the charity during the year and the position at 30th September 2024 and consider that the church is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

Significant changes and developments and plan for the future

The 2023/24 year has focused primarily on completing the outstanding work on the external and the interior of the building. The ground floor open area will give more opportunity for a number of varied activities and for possible use as a community cafe. The café opened for a trial period and is currently under review as to whether it is a viable option at this time.

In 2024/25 this open space will enable our congregation to engage and have positive interaction with the local community. It is hoped it can also be used as a safe and warm work space for those who need online access etc. The community are now able to use or hire out the various rooms for private and community events.

The church will also focus on becoming more of a local presence in the community with our Care groups planning several community events each year eg Christmas Market ,Games nights Seed Swaps etc

The Raphael Nursery who have agreed a long lease agreement with the Church whereby they are renovating the current space used as a Nursery continues. The cost of the works is still being offset over the period of the lease.

The difference the charity's performance during the year has made to the beneficiaries of the charity

The Charity continues to minister to the spiritual needs of the residents of Clapham Park and the nearby environment, providing evangelism, Christian counselling and discipleship where necessary. Through its community activities, we have interacted with a wider range of people thus enabling better understanding of their needs which we either address or signpost to other organisations who can assist.

How the charity makes decisions and how decisions are delegated

Decisions are made at two main levels; the Eldership Board and the Partners Meeting. The Eldership Board meets bi-monthly and as required based on need and the Partners meetings held three times a year as a basic requirement but special meetings can be requested based on need. At the Partners Meeting, the Elders report back to the members all issues concerning the church and field a discussion of the issues. Voting may take place on various issues where required. Decisions are taken on which individuals or groups will implement any decisions taken. Minutes of these meetings are recorded.

Finances

The accounts will be done on an accrual's basis. Income and expenditure from our Income Generating Activities, i.e. Molly Berry House, are included in the annual figures. Property values are also reported.

The charity is open to the usual financial risks of any organisation, and the charity has

introduced controls to minimise these risks, such as two signatories being required for payments

5

All Nations Baptist Church

Charity Registration Number 1133860

from the bank.

Trustees in office on the date the report was approved were:

The Elders/Trustees identify major risks to which the charity is exposed each financial year when preparing and updating a strategic plan, in particular, those related to the operations and finances of the charity.

The Elders/Trustees then review any major risks which have been identified and establish systems to mitigate those risks. The church is satisfied that the systems are in place to mitigate their exposure to major risks which have been identified and reviewed.

Statement of Trustees Responsibilities

It is the responsibility of the Board of Elders to comply with the Charities Act 2011 and the Charities Regulations 2(X)8 and to ensure that accounts are prepared which comply with FRS102 SORP 2015 for each financial year, and which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of income over expenditure for that period.

In preparing those financial statements, the elders are required to:

The Board of Elders are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also

responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention of fraud and other irregularities.

Signed on Behalf of the Board of Elders Trustees.

Linda Neal - Elder Date 10[th] February 2026

Debbie Linton-Gordon Date 10[th] February 2026

6

All Nations Baptist Church

Charity Registration Number 1133860

7

Charity Registration Number : 1133860

ALL NATIONS BAPTIST CHURCH

A COMPANY LIMITED BY GUARANTEE TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

ALL NATIONS BAPTIST CHURCH

CONTENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Legal and Administrative Information ...................................................................................... 1
Trustees' Report ...................................................................................... 2 - 4
Independent Examiner's Report ...................................................................................... 5
Statement of Financial Activities ...................................................................................... 6
Balance Sheet ...................................................................................... 7
Notes to the Financial Statements ...................................................................................... 8 - 19

ALL NATIONS BAPTIST CHURCH

LEGAL AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Trustees Debbie Linton Gordon
Linda Neal
Pastor Paul Ogunyemi
Charity Number 1133860
Registered Ofce 12
Poynders Road
LONDON
SW4 8NY
Bankers Barclays Bank PLC
1 Churchill Place
London
E14 5HP
Natwest Bank Balham Branch
128 Balham High Road
London
SW12 9AE
Independent Examiner Judy Newman BSc MAAT Newman Nede & Co
1 Bromley Lane
Chislehurst Kent
BR7 6LH

Page 1 of 19

ALL NATIONS BAPTIST CHURCH

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Recommended
categories by activity
Notes
Income and
endowments from:
Donations and legacies
2
Charitable activities
3
Investments
4
Total
Expenditure on:
Raising funds
6
Charitable activities
7
Other
9
Total
Net
income/(expenditure)
Other recognised
gains/(losses):
Other gains/(losses)
Net movement in
funds
Reconciliation of
funds:
Total funds brought
forward
Total funds carried
forward		 Unrestricted
funds
£
43,542.76
7,027.57
31,731.00
82,301.33
43,745.08
78,835.98
46,347.56
168,928.62
(86,627.29)
-
(86,627.29)
(148,727.11)
(235,354.40)		 Restricted
funds
£
6,199.56
-
84,218.00
90,417.56
55,114.30
2,364.71
-
57,479.01
32,938.55
-
32,938.55
(132,902.98)
(99,964.43)		 Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
21,776.00
21,776.00		 Total Funds
2024
£
49,742.32
7,027.57
115,949.00
172,718.89
98,859.38
81,200.68
46,347.56
226,407.63
(53,688.74)
-
(53,688.74)
(259,854.09)
(313,542.83)		 Total Funds
2023
£
71,744.26
36,585.65
109,792.85
218,122.76
142,696.08
107,259.90
73,205.41
323,161.39
(105,038.63)
20,067.54
(84,971.09)
(174,883.00)
(259,854.09)

Page 6 of 19

ALL NATIONS BAPTIST CHURCH

BALANCE SHEET

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Recommended categories by
activity
Notes
Fixed assets
Tangible assets
13
Total fxed assets
Current assets
Cash at bank and in hand
14
Total current assets
Creditors: amounts falling due within
one year
15
Net current liabilities
Total assets less current liabilities
Creditors: amounts falling due after one
year
16
Total net assets
Funds of the Charity
Unrestricted funds
19
Restricted funds
19
Endowment funds
19
Revaluation reserve
Total funds		 Total Funds 2024
£
4,057,720.76
4,057,720.76
18,131.84
18,131.84
90,062.01
(71,930.17)
3,985,790.59
448,861.42
3,536,929.17
(235,354.40)
(99,964.43)
21,776.00
3,850,472.00
3,536,929.17		 Total Funds 2023
£
4,104,068.49
4,104,068.49
51,898.68
51,898.68
95,219.15
(43,320.47)
4,060,748.02
470,130.11
3,590,617.91
(148,727.11)
(132,902.98)
21,776.00
3,850,472.00
3,590,617.91

The financial statements were approved by the trustees on 20 May 2026 and signed on its behalf by:

Debbie Linton Gordon Turstees

Date : 20 May 2026

Page 7 of 19

ALL NATIONS BAPTIST CHURCH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Charity for All Nations Baptist Church is a Charitable Company (Limited by Guarantee) in Charity Commission for England and Wales. The registered office is 12 , Poynders Road, LONDON, SW4 8NY.

1. Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.1 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts have been prepared in accordance with “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.2 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Change of accounting policy

The accounts present a true and fair view and there has not been any changes in accounting policies in the current period. Accounting policies adopted are those outlined in note { }. (YES)

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). (YES)

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). (YES)

1.6 Income from donations or grants

Grants and donations are only included in the SOFA when the general income recognition criteria met (5.10 to 5.12 FRS 102 SORP)

In the case of performance related grants income must only be recognized to the extant that the charity has provide the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.18 FRS 102 SORP).

1.7 Legacies

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

1.8 Tax reclaims on donations and gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

1.9 Contractual income and performance related grants

This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. (N/a)

Page 8 of 19

1.10 Donated goods

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

a) Donated goods for distribution to beneficiaries

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. (YES)

b) Donated goods for resale

Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. (YES)

c) Donated goods and services capitalised as Tangible fixed assets

Goods donated for on-going use by a charity in carrying out its activities are recognised as tangible fixed assets with the corresponding gain recognised as income from donations within the SoFA. (YES)

1.11 Donated services and facilities

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. (YES)

1.12 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which give a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. (YES)

1.13 Settlement of insurance claims

Insurance claims are only included in the SoFA when the general income recognition criteria are met and are included as an item of other income in the SoFA. (YES)

1.14 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. (NO)

1.15 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts. (YES)

1.16 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. (YES)

1.17 Financial instruments

The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. The charity did not hold any financial instruments during the year ended 2024 (2023: Nil).

Page 9 of 19

1.18 Intangible fixed assets

Intangible fixed assets are non-monetary fixed assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. Intangible fixed assets include goodwill purchased on the acquisition of a business and/or purchased intangible assets such as concessions, patents, licences, trademarks and similar rights. Although such assets lack physical substance they provide an on-going economic benefit to the charity.

Intangible fixed assets are capitalised and included at cost and are amortised on a straight-line (or a more appropriate systematic) basis over their useful economic lives. The charity did not hold any intangible fixed assets during the year ended 2024 (2023: Nil).

1.19 Tangible fixed assets

Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity.

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation 05/06/2018
the name of independent valuer, if applicable Natwest Bank
estimates based on other properties on the market in the
the methods applied and significant assumption area, the condition of the properties, and market
conditions
the carrying amount that would have been recognised
had the assets been carried under the cost model

1.20 Investments

They are valued at cost.

Fixed asset investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. (N/a)

1.21 Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. (YES)

2. Income from Donations and Legacies

Analysis
Unrestricted funds
£
Donation
and gifts
43,542.76
Total
43,542.76
3. Income from Charitable
Analysis
Foodbank
Total		 Restricted funds
£
6,199.56
6,199.56
Activities
Unrestricted funds
£
7,027.57
7,027.57		 Total funds 2024
£
49,742.32
49,742.32
Total funds 2024
£
7,027.57
7,027.57		 Total funds 2023
£
71,744.26
71,744.26
Total funds 2023
£
36,585.65
36,585.65

3. Income from Charitable Activities

Page 10 of 19

4. Income from Investments

Analysis
Rental
and
leasing
income
Total		 Unrestricted funds
£
31,731.00
31,731.00		 Restricted funds
£
84,218.00
84,218.00		 Total funds 2024
£
115,949.00
115,949.00		 Total funds 2023
£
109,792.85
109,792.85

5. Donated Goods, Facilities and Services

The value of food is not estimated in monetary terms. The public and other churches donate food for Foodbank. The food is weighed in when received, and weighed out when given out. A number of unpaid volunteers assist with running the Foodbank.

6. Expenditure on Raising Funds

Analysis
Unrestricted funds
£
Operating
membership
schemes
and social
lotteries
-
Rent
collection,
property
repairs and
maintenance
charges
15,024.66
Wages and
salaries
20,154.41
Total
35,179.07
Support
Costs
8,566.02
43,745.08
7. Expenditure on Charitable
Analysis
Foodbank
Bank charges
Donations
Legal/professional fees
Total
Support Costs		 Analysis
Unrestricted funds
£
Operating
membership
schemes
and social
lotteries
-
Rent
collection,
property
repairs and
maintenance
charges
15,024.66
Wages and
salaries
20,154.41
Total
35,179.07
Support
Costs
8,566.02
43,745.08
7. Expenditure on Charitable
Analysis
Foodbank
Bank charges
Donations
Legal/professional fees
Total
Support Costs		 Restricted funds
£
53,000.00
-
-
53,000.00
2,114.30
55,114.30
Activities
Unrestricted funds
£
10,679.07
77.57
-
1,450.00
12,206.64
66,629.34
78,835.98		 Restricted funds
£
53,000.00
-
-
53,000.00
2,114.30
55,114.30
Activities
Unrestricted funds
£
10,679.07
77.57
-
1,450.00
12,206.64
66,629.34
78,835.98		 Total funds 2024
£
53,000.00
15,024.66
20,154.41
88,179.07
10,680.32
98,859.38
Total funds 2024
£
10,679.07
77.57
-
1,450.00
12,206.64
68,994.04
81,200.68		 Total funds 2023
£
-
89,873.42
34,041.56
123,914.98
18,781.10
142,696.08
Activities
Unrestricted funds
£
10,679.07
77.57
-
1,450.00
12,206.64
66,629.34
78,835.98		 Total funds 2023
£
45,252.10
-
186.79
-
45,438.89
61,821.01
107,259.90

7. Expenditure on Charitable Activities

Page 11 of 19

8. Support Costs

Analysis
Support Costs
Insurance
Utilities
Subscriptions
Miscellaneous
Motor vehicle
Governance Costs
General administrative expenses
Bank interest
Accountants fees
9. Other Expenditure
Analysis
Unrestricted funds
£
Depreciation Charge for the Year -
Fixtures & Fittings
4,597.56
Depreciation Charge for the Year -
Freehold Land & Buildings
41,750.00
Sundry expenses
-
Total
46,347.56
10. Details of certain Items of Expenditure
Independent examiner’s fees
Assurance services other than audit or independent
examination
Tax advisory fees
Other fees (for example: fnancial advice, consultancy,
accountancy services) paid to the independent examiner		 Total funds 2024
£
6,226.48
7,051.61
3,144.22
4,938.32
-
18,179.51
37,037.82
3,096.40		 Total funds 2023
£
3,946.46
12,715.87
154.36
17,281.61
3,463.90
7,433.65
31,409.06
4,197.20
79,674.36
80,602.11
Total funds 2024
Total funds 2023
£
£
4,597.56
7,822.51
41,750.00
41,750.00
-
23,632.90
46,347.56
73,205.41
This year
Last year
£
£
450
450		 Total funds 2023
£
7,822.51
41,750.00
23,632.90
73,205.41

Page 12 of 19

11. Employee’s Emoluments

11.1 Staff Costs

11.1 Staf Costs
This year Last year
£ £
Salaries and wages 20,142 34,042
Social security costs 488
Pension costs (defned contribution scheme) 12 12
Other employee benefts
Total staf costs
This year:
The expenditure on staf working for the charity whose
contracts are with and are paid by a related party		 None
Last year:
The expenditure on staf working for the charity whose
contracts are with and are paid by a related party		 None
Please give details of the number of employees whose total employee benefts (excluding employer
pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such
transactions, please enter 'true' in the box provided.
No employees received employee benefts (excluding
employer pension costs) for the reporting period of more TRUE
than £60,000

11.2 Average head count in the year

The parts of the charity in which the employees
work
Fundraising
Charitable
Activities
Governance
Other
Total		 This year
Last year
£
£
2
2
2
2
4
4

11.3 Ex-gratia payments to employees and others (excluding trustees)

None

11.4 Redundancy payments

None

Page 13 of 19

12. Defined contribution Pension Scheme

This year
£
Amount of contributions recognised in the SOFA as an expense
12
Please explain the basis for allocating the liability and
expense of defned contribution pension scheme between
activities and between restricted and unrestricted funds.
Contribution
to London
Baptist
Association
pension
Fund
13. Tangible Fixed Assets
Freehold Land &
Buildings
£
13.1 Cost or valuation
At 01 October 2023
4,175,000.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 30 September 2024
4,175,000.00
13.2 Depreciation and impairments
At 01 October 2023
81,750.00
Charge for the year
41,750.00
Disposals
-
Revaluations
-
Transfers
-
At 30 September 2024
123,500.00
13.3 Net book value
At 01 October 2023
4,093,250.00
At 30 September 2024
4,051,500.00		 This year
£
Amount of contributions recognised in the SOFA as an expense
12
Please explain the basis for allocating the liability and
expense of defned contribution pension scheme between
activities and between restricted and unrestricted funds.
Contribution
to London
Baptist
Association
pension
Fund
13. Tangible Fixed Assets
Freehold Land &
Buildings
£
13.1 Cost or valuation
At 01 October 2023
4,175,000.00
Additions
-
Disposals
-
Revaluations
-
Transfers
-
At 30 September 2024
4,175,000.00
13.2 Depreciation and impairments
At 01 October 2023
81,750.00
Charge for the year
41,750.00
Disposals
-
Revaluations
-
Transfers
-
At 30 September 2024
123,500.00
13.3 Net book value
At 01 October 2023
4,093,250.00
At 30 September 2024
4,051,500.00		 Last year
£
12
Contribution
to London
Baptist
Association
pension
Fund
Fixtures &
Fittings
£
42,617.83
-
-
-
-
4,175,000.00 42,617.83
81,750.00
41,750.00
-
-
-		 31,799.51
4,597.56
-
-
-
123,500.00 36,397.07
4,093,250.00 10,818.32
4,051,500.00 6,220.76

13. Tangible Fixed Assets

Page 14 of 19

14. Cash at bank and in hand

14. Cash at bank and in hand
Analysis
Barclays accounts
Natwest accounts
Barclays Foodbank account
Other
Total		 Total funds 2024
£
7,494.88
10,636.96
-
-
18,131.84		 Total funds 2023
£
2,361.24
6,086.00
43,451.44
-
51,898.68

Page 15 of 19

15. Creditors: Amounts falling due within one year

15. Creditors: Amounts falling due within one year
Analysis of Creditors
Total funds 2024
£
Trade creditors
24,209.12
Accruals and deferred income
7,473.85
Current maturity of bank loan
58,379.04
Total
90,062.01
16. Creditors: Amounts falling due after one year
Analysis of Creditors
Total funds 2024
£
Accruals for grants payable
25,000.00
Bank loans and overdrafts
423,861.42
Total
448,861.42		 Total funds 2023
£
24,209.12
12,630.99
58,379.04
95,219.15
Total funds 2023
£
25,000.00
445,130.11
470,130.11

16. Creditors: Amounts falling due after one year

17. Deferred Income

No material items of deferred income has been included in the accounts.

18. Fair value of assets and liabilities

18. Fair value of assets and liabilities
This year Last year
Please provide details of the charitys exposure to
credit risk (the risk of incurring a loss due to a
debtor not paying what is owed) , liquidity risk
(the risk of not being able to meet short term
fnancial demands) and market risk (the risk that
the value of an investment will fall due to changes
in the market) arising from fnancial instruments		 Exposure to credit risk £0;
Liquidity risk £90,062.01
Market risk £0		 Exposure to credit risk £0;
Liquidity risk £95,219.15
Market risk £0
to which the charity is exposed at the end of the
reporting period and explain how the charity
manages those risks.
Please give details of the amount of change in the
fair value of basic fnancial instruments (debtors,
creditors, investments (see section 11, FRS 102 None None
SORP)) measured at fair value through the SoFA
that is attributable to changes in credit risk.

Page 16 of 19

19. Charity funds

19.1 Details of material funds held and movements during the CURRENT reporting period

Fund names Fund balances
brought forward		 Fund balances
brought forward		 Income Expenditure Expenditure Fund balances
carried forward
£ £ £ £
Unrestricted funds
(148,727.11) 82,301.33 168,928.62 (235,354.40)
Restricted funds
(132,902.98) 90,417.56 57,479.01 (99,964.43)
Endowment funds
21,776.00 - - 21,776.00
Total (259,854.09) 172,718.89 226,407.63 (313,542.83)
19.2 Details of material funds held and movements during the PREVIOUS reporting
period
Fund names Fund balances
brought
forward		 Income Expenditure Gains and
losses		 Fund balances
carried
forward
£ £ £ £ £
Unrestricted funds
45,838.00 59,854.89 274,487.54 20,067.54 (148,727.11)
Restricted funds
(242,497.00) 158,267.87 48,673.85 - (132,902.98)
Endowment funds
21,776.00 - - - 21,776.00
Total (174,883.00) 218,122.76 323,161.39 20,067.54 (259,854.09)

Page 17 of 19

20. Transactions with trustees and related parties

20.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Amounts paid or beneft Amounts paid or beneft value
Name of trustee Legal authority
(eg order,
governing
document)		 Remuneration Pension
contribution		 Redundancy
(including
loss of
ofce)/ex
gratia		 Other TOTAL
£ £ £ £ £
Rev Paul Ogunyemi Governing
document		 9,590 12 9,602
-
-
-

Please give details of why remuneration or other employment benefits were paid. Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Amounts paid or beneft Amounts paid or beneft value
Name of trustee Legal authority
(eg order,
governing
document)		 Remuneration Pension
contribution		 Redundancy
(including
loss of
ofce)/ex
gratia		 Other TOTAL
£ £ £ £
Rev Paul Ogunyemi Governing
document		 9,960 12 9,972
-
-
-

Please give details of why remuneration or other employment benefits were paid.

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Page 18 of 19

20.2 Trustees' expenses

None

20.3 Transaction(s) with related parties

None

21. Average Number of Employees

Fundraising
Charitable Activities
Governance
Other
Total		 This year
£
2
2
4		 Last year
£
2
2
4

Average number of employees during this year : 4 and last year : 4

Page 19 of 19

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