BECKENHAM BAPTIST CHURCH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 Charity Number: 1134116
BECKENHAM BAPTIST CHURCH BECKENHAM BAPTIST CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 Contents Pages Legal and Administrative Information Report of the Trustees 4-10 Independent Auditorfs Report Statement of Financial Activities 12 Balance Sheet 13 Principal Accounting Policies 14 Notes to the Financial Statements 15-17
BECKENHAM BAPTIST CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Managing Trustees The Revd N J Draisey (Minister) The following have held office Mr D Short (Secretary) throughout the period from 1st April Mr J Riddings (Treasurer) 2023 to the date of this rewrt unless Mrs K Bance othernise slated Mr R Digby Mrs C Double Mrs J Jones Mr M Killo Mr A Koleosho Mrs S Short Mrs J Tibbert Custodian Trustees London Baptist Property Board Limited Unit C2, 15 Dock Street London E18JN Bankers The Co-operative Bank PO Box 250 Delf House Southway Skelmersdale WN86 Registered Address Beckenham Baptist Church Elm Road Beckenham, Kent BR3 4JB Charity registration number 1134116 Independent Examiner Roger Storey FCMA
BECKENHAM BAPTIST CHURCH ANNUAL REPORT FOR YEAR ENDED 31st MARCH 2024 The Managing Trustees present their Annual Report and Financial Statement for the year from 1st April 2023 to 31st March 2024. Charitable Objective The Charity is governed by a Constitution which states that the principal purpose of the Char- ity is the advanment of the Christian faith according to the principles of the Baptist denom- ination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine. The Church occupies premises which are held by the London Baptist Property Board Limited on Trusts which are entirely compatible with the above objective. Organisational Structure and Decision-making Processes Members of the Church are accepted in accordance with the Constitution which requires them to be, or to have been, publicly baptised on the profession of faith, or by public profes- sion of faith in Jesus Christ. The Members, Meeting would nomially take place bi-monthly, and special meetings are called when a specific matter arises needing the members, consideration. Relevant matters may be submitted to the Church Meeting by the Managing Trustees for guidance, or may be raised by members at the Church Meeting for further consideration by the Managing Trustees. The members have overall responsibility for the policy of the Church. They appoint up to twelve Managing Trustees, collectively known as the Diaconate, who together with the Min- ister, are responsible for the day to day running of the Church's work and witness, and the financial and legal aspects of the Charity. The Church Secretary and Treasurer are chosen by the Managing Trustees from among their number. All members are encouraged to take appropriate part in the spiritual and practical tasks involved in the furtheran of the charitable objective. There were no Trustee's elections during this period, as no Trustee had completed their 3 year term. Though the Constitution pemits decisions made at Church Meetings by appropriate majorities, the Church seeks to work by consensus wherever possible. The minister of Beckenham Baptist Church. the Rev Neil Draisey. continues to engage with his Church members and Managing Trustees to ensure that the Church is following its char- itable objectives and is not only sustaining, but growing its membership and potential.
BECKENHAM BAPTIST CHURCH ANNUAL REPORT FOR YEAR ENDED 31st MARCH 2024- continued Objectives and Activities The Church holds regular public services of Christian worship on a Sunday at 10.30am. During these services, the children spend part of their time in Church with the congregation and the remainder of the time in their own age appropriate activities and teaching. The Church operates systems to ensure that all people working with children and vulnerable adults are appropriately vetted with regard to the Disclosure and Barring Service and follows a Child Safeguarding Policy guided by the Baptist Union of Great Britain. The Church uses a mixture of modern and traditional styles of worship and music with those who express an interest in the latter being encouraged to join the bandlchoir. Members of the Fellowship continue to take part in morning services - leading readings and prayers, as well as playinglsinging in the Band. Other ServIS take place throughout the year depending on seasonal. spiritual and circumstantial needs. These services are always open to the public and are advertised during the usual Sunday service, on the church website (wviw.beckenhamba tist.or on the notice boards, on social media and by word of mouth. Visitors and all those attending the ServIS are welcomed and invited to join our Church family in conversation and fellowship. with refreshments, at the conclusion of the service. We were pleased to welcome 3 people into membership, with 3 people moving away, and held 4 Baptism's at the Church over the period covered by this report. We were saddened by the death of 3 of our long standing Members of the Church during this period. A number of events and activities continued throughout the year, with the aim of achieving our charitable objectives. Church Members, regular attenders and the local community are encouraged to join with us and take part in these. We believe that this is in line with the examples set by Jesus and events such as 'Coffee on the Frontline,, where we meet outside the Church to offer free coffee, tea and refreshments to the community. as they pass by on a Saturday morning, have proved very popular. We continue to run our 'Chat n Chill, meeting every Wednesday. where we invite people from the Community to meet for refreshments and a Chan to meet and chat, play board games, and do quizzes for the afternoon.
BECKENHAM BAPTIST CHURCH ANNUAL REPORT FOR YEAR ENDED 31st MARCH 2024- continued In May we held a lunch after our Sunday servi, to celebrate King Charles's coronation We were pleased to be able to hold our Christian Aid 'Big Brekkie. at Church, to fundraise for, and promote the work of, Christian Aid. Revd. Draisey was able to attend the Baptist Union Assembly at Telford, in June 2023. We also held a 'Strawberry Tea, in the Church garden, in June 2023, a 'Barn Dance, in Sep- tember 2023. a 'Family Film, afternoon in October 2023 (for children up to the age of 11) We held Hap4est services at Church for the local Balgowan School. for over 600 children. In October 2023, the Trustees held an 'Away Day,, at a local Church, to discuss Church matters both spiritual and of a business nature. Our annual Remembrance Servi was held in November. We held a number of services over the Christmas period which included our ToylParade servi, where children and young people from our Uniformed organisations were encour- aged to join with us and, along with the Fellowship, to donate toys that were delivered to a local charity. Our 'Carols by Candlelight,, Christmas Eve 'Crib service, and our Christmas Day ServIS were well attended. These were advertised throughout the community and we delivered Christmas cards and flyers to the houses in various roads local to the Church. A children's 'Pancake Party, was held in February 2024 and we again held our Maundy Thursday, Good Friday and Easter Sunday ServIS at Church over the Easter period. We were also pleased that Churches Together in Beckenham (CTIB) were able to hold their Walk of Witness on Good Friday 2024, which a number of our Fellowship attended. Church Members, regular attenders and the local community are encouraged to join with us for all these events. Our Church Meetings and our AGM are preceded by a 'Bring and Share, lunch, where the Fellowship are encouraged to bring items for lunch that can be shared amongst those attend- ing.
BECKENHAM BAPTIST CHURCH ANNUAL REPORT FOR YEAR ENDED 31st MARCH 2024. continued The Church 'Home Groups.. for Bible studies and for the growth of faith and discipleship, continued throughout this period, meeting at the Church on a Tuesday and a Thursday, al- ternate weeks. These groups also provided an opportunity for deepening fellowship relation- ships and prayer. Our Men's Group meeting was held every other month and we are encouraged to invite friends and neighbours along, with a variety of different topics on offer. A Women's group was also started last year, for those who attend the Church as well as those from the community. Our Saturday Table Tennis Club continued each Saturday during term time and is very pop- ular with the community. We held a Taizé Servi in February 2024 as part in the Churches Together in Beckenham's 'Week of Prayer for Christian Unity". During March 2024 we were also pleased to welcome children from Churchfields Primary School Year 1, during the week, who were studying 'What Christians believe 'in their clas- ses. These along with other events held, enable members of the community to recognise a safe and friendly environment within which to develop a closer relationship with Jesus. We continued to make our Hall and rooms available for a number of activities, including: NCT groups, dance & ballet groups, a Badminton group, children & young people's choir groups, children's parties as well as educational activities. The Uniformed organisations meet throughout the week with thriving Scout and Guide Groups, consisting of Beavers, Cubs and Scouts, and Rainbows, Brownies and Guides and we are encouraged by those who attend our Church 'Parade Services, throughout the year. The young people of ERYC (Elm Road Youth Club) have met regularly on Friday evenings for social events throughout this period and on a Sunday for Bible teaching and we have been pleased to see numbers slowly growing. Our weekly (Thursday) Zoom Prayer meeting continues, with a small but regular number of people attending. The fellowship is sent the Zoom details in advance and are invited to join. The Deacons {Trustees) meet monthly (apart from August), to discuss all aspects of Church life, including business and spiritual issues and they continue to keep in touch with Church members as well as the wider Fellowship.
BECKENHAM BAPTIST CHURCH ANNUAL REPORT FOR YEAR ENDED 31st MARCH 2024- continued Our Fabric team has met regularly throughout the year and have overseen a number of both small and large projects. In August, Revd Neil Draisey was again able to take annual leave during the summer and we were thankful that a number of people were able to help with the preaching on Sunday's. We regularly review our GDPR Complian and ensure we operate within the current guidelines. The Church continues to be a member of Churches Together In Beckenham (CTIB), an or- ganisation designed to bring co-operation and unity between local churches. Achievements and Perfonnance The Church has been pleased to see many new people attend our Sunday Services over this period. We are grateful for the continued faithful giving to the work of the Church. The Fellowship has been encouraged to continue their support of the Living Well charity that collects food and clothing for the homeless and for those in need. Some Church members also volunteer at these projects. We also support a local Woman's Refuge charity with donations at specific services. A monthly Prayer Diary continues to be prOdUd, to encourage the fellowship to pray for one another, as well as for relevant topics. This is emailed out via our Church database, to those who have given us permission to do so. and, for those without the technology, a paper copy of the diary is made available. The average number of people attending Sunday ServIS during this period was approx. 66, including adults, children and young people. As at 31st March 2024, the Church Membership was 62. David Short- Trustee
BECKENHAM BAPTIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31st MARCH 2024 FINANCIAL REVIEW The Financial Statements for the year ended 31sI March 2024 are attached to this report. It is the policy of the trustees to maintain a reserve fund of £50,000 to cover any unexpected needs. This would enable the Charity to continue fvnctioning for around three to six months. The financial reports are reviewed monthly and considered for any potential risks. This policy has enabled the church to remain financially stable during the pandemic. Reserves Policy The Trustees maintain a conservative Reserves Policy to ensure that all short term and long term commitments can be met in the current economic environment. Reserves constitute funds arising from income which becomes available to the Charity and is to be spent at the discretion of the Trustees in furtherance of the objects of the Charity and which is not yet spent, committed, restricted or designated. Reserves are held to finance all liabilities and future development of the Charity. The Trustees wish to maintain this level of liquid unrestricted reserves so that there are ade- quate funds to meet all current and known liabilities idealty for a period of up to six months revenue expenditures. Beckenham Baptist Church is extremely grateful for all the generous donations given throughout the year.
BECKENHAM BAPTIST CHURCH TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 continued STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally ACpted Accounting Practi). The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the incoming reSoUrS and application of the resources of the charity for the year. In preparing these financial statements, the Trustees are required to: a) select suitable accounting policies and apply them consistently; b) observe the methods and principles in the Charities SORP: c) make judgements and estimates that are reasonable and prudent; d) state whether applicable accounting standards and statements of recommended prac- t1 have been followed, subject to any departures disclosed and explained in the fi- nancial statements: e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The twstees are responsible for keeping proper accounting records that disclose with rea- sonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011 , the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hen for taking reasonable steps for the pre- vention and detection of fraud and other irregularities. Risk Management The major risks to which the Charity is exposed, as identified by the trustees, have been reviewed and systems and prOdureS have been established to manage those risks. This Report, and the attached Financial Statements for the year ended 31 St March 2024, have been considered and approved by the Managing Trustees on 13th January 2025 for submis- sion to a Church Members, Meeting for adoption. Signed on behalf of the Managing Trustees by the Church Secretary D. Short- Trustee 10
BECKENHAM BAPTIST CHURCH INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF BECKENHAM BAPTIST CHURCH I report on the accounts of the Charity (Charity number 1134116) for the year ended 31 St March 2024 which are set out on pages 12 to 17. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the prOdureS laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. BASIS OF THE INDEPENDENT EXAMINER'S STATEMENT My examination was carried out in accordan with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. INDEPENDENT EXAMINER'S STATEMENT In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Charities Act, to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Name and adbress and qualification: Roger Storey, 26 Cherry Orchard Road, Bromley, BR2 8NE Fellow Chartered Management Accountant (FCMA) Date: 1S.01.LoL>
BECKENHAM BAPTIST CHURCH STATEMENT OF FINANCIAL ACTIVITIES includin Income and Ex enditure Account FOR THE YEAR ENDED 31st MARCH 2024 Notes Unrestricted Restricted 3110312024 3110312023 funds funds Total funds Total funds see over INCOME FROM: Donations and legacies Gift aid receipts Sales and refunds Investments income 63.282 11,753 63,282 11,753 51,691 11,125 571 57,756 53,670 53,670 Total incoming resources 128.705 128 705 121,143 EXPENDITURE ON: Charitable activities 110,430 110,430 129,724 Total resources expended 110,430 110,430 129,724 Net Incoming (Outgoing) Resources Before Transfers 18,275 18,275 8,581 Transfers between funds NET MOVEMENT IN FUNDS 18,275 8,581 Total funds brought forward 98,369 98,369 106,950 TOTAL FUNDS CARRIED FORWARD 116,644 116,644 98,369 12
BECKENHAM BAPTIST CHURCH BALANCE SHEET AS AT 31st MARCH 2024 3110312024 3110312023 Notes CURRENT ASSETS Deposits Cash at bank and in hand Tenant deposit scheme Gift aid recoverable Insurance paid in advance 11.544 98,185 1 ,494 11,753 550 123,526 11,426 79,109 1,494 11,125 2,047 105,201 CREDITORS amounts falling due within one year 6,882 6,832 NET CURRENT ASSETS 116,644 98,369 TOTAL ASSETS LESS CURRENT LIABILITIES 116.644 98,369 FUNDS Unrestricted funds Restricted funds 116,644 98,369 TOTAL FUNDS 116,644 98,369 Approved by the Trustees on 13th January 2025 13
BECKENHAM BAPTIST CHURCH PRINCIPAL ACCOUNTING POLICIES FOR THE YEAR ENDED 31st MARCH 2024 Basis of Preparation These accounts have been prepared in accordance with FRS 102 "The Financial Re- porting Standard applicable in the UK and Republic of Ireland" ("FRS 102"), 'Accounting and Reporting by Charities" the Statement of Recommended Practice for charities ap- plying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Prac- tice as it applies from 1 January 2015. The charitable company is a Public Benefit Entity as defined by FRS 102. The accounts have been prepared on the historical cost convention modified by the revaluation of rtain fixed assets. The principal accounting policies adopted are set out below. Going Concern These financial statements have been prepared on a going concern basis which as- sumes that the charitable company can continue to operate. Income Income is recognized when the charity is legally entitled to it after any performance con- ditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Expenditure All expenditure (including irrecoverable VAT) is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allo- cated to activities on a basis consistent with use of the reSoUrs. Taxation The company is a registered charity and as such its income is exempt from income tax and corporation tax under the provisions of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable objectives. The cost of irrecoverable VAT incurred has been included in the statement of financial activities. 14
BECKENHAM BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 3110312024 Notes 3110312023 Investment income Lettings and rental income Bank interest received 53,552 118 53.670 57,756 57,756 Expenditure on charitsble activities Minist costs Minister's stipend Youth worker s costs Ministerfs expenses Travel expenses Visiting preachers, fees Other costs 37,010 35,981 250 605 230 870 1,326 300 260 38.896 37,936 Premises costs Heat and light Council tax and water Insuran Caretaking and cleaning Repairs and maintenance Refund (Electricityl Solar) Other costs 9,654 3,805 8,611 6,998 9,338 (1,280) 2,986 40,112 11,500 2,123 6,616 6,919 34,767 6,150 68,075 Administrative costs Donations and subscriptions Office costs Music and related costs ITI Website costs Loan Expense Other costs 7,137 10,240 2,447 135 5,600 5,863 31,422 7,958 9,264 3,603 2,888 23,713 TOTAL CHARITABLE ACTIVITIES EXPENDITURE 110 430 129 724 15
BECKENHAM BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024- continued TRUSTEES, REMUNERATION AND BENEFITS The Charity employed its minister, Revd Neil Draisey to carry out the objectives of the church during the year. Revd Draisey lives in a property provided by the church. The following costs were incurred: 2024 2023 Salary, pension costs and national insurance Manse costs 37.010 1,326 38,336 35,981 605 36,586 STAFF The number of employees during the year was as follows.. No employee received remuneration amounting to more than £60,000 in either year. 16
BECKENHAM BAPTIST CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024- continued Notes 3110312024 3110312023 CURRENT ASSETS Deposit- London Baptist Property Board Deposit- Baptist Union Corporation 7,012 4,532 11,544 6,894 4,532 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Loan - Baptist Building Fund Key deposits Donations due Sundry creditors PAYE accrual 225 6,000 220 437 175 6,000 220 437 6,882 6,832 17