Kenton Baptist Church
Annual reports and Accounts for the year ended 31 December 2024
Streatfield Road. Kenton, HA3 9BS
www.kentonbaptist.org.uk
Office telephone: 020 8907 7494
/1 n
IKBC"
Verslon 01 dated 0110712026
As signed by Independent Examiner

Kenton Baptist Church
Report and Accounts for the year ended 31 December 2024
Contents
Page
Report of the Trustees for the year ended 31 December 2024
al Reference and administrative details of the charlty. its trustees and advisors
bl Structure, governance and management
cl Objectives and activities
dl Achievements and performance
e) Financial and policy review
f} Oiaconate responsibilities and trustees, declaration
Report of the Independent Examiner
Statement of Financial Activities 2024
Balance Sheet as of 31 December2024
Notes to the Financial Statements
Supplementary Schedule: Analysis of income and expenditure
fThis schedule isfor information only ond does notform port of the oudited cccountsj
Is

Kenton Baptist Churth
Report of the Trustees for the year ended 31 December 2024
The Trustees have pleasure in submitting their report together with the financial statements for the
st
Church for the year ended 31 December 2024. These financial statements have been prepared in
accordance with statutory requirements. thetrust deed, the Statement of Recommended Practice
IFRS102 issued in January 20151 and the Charitiès act 2011.
a) Reference and administrative detsils of the charlty, Its trustees and athiisors
Charity name..
Kenton Baptist Church
Registered Chority Number.. 1134168
Principal oddress..
Streatfield Road, Kenton, Harrow. Middlesex HA3 9BS
Names of Trustees who manage the charlty {known asthe Mlnlster and Deacons):
Tru￿ee name
Offl¢e
Appolnted b
Rev Steve Cochrane
Minister
Church members
Mrs Neva Evans
Deacon
Church members
Mrs Karen Hog8e
Deacon (Church Secretary)
Church members
Mrs Beverly Johnson
Deacon
Church members
Mrs Geor8ina Ofosu-osei
Treasurer
Church members
Mr John Woodgate
Deacon
Church members
Names and addresses of advlsors:
Type of advlsor
Name
Independent Examiner
Kevln 08llvle
Bankers
CAF Bank
Address
13 Evelyns Close, Hillin8don, Middlesex, UB8 3LR
25 Kin8s Hlll Ave, Kings Hill, West Malling. ME19 4JQ
b) Strurturety governance and management
Kenton Baptist Church is constituted by Trust Deeds dated 2210111937, which is included in a
th
th
Constitution for Kenton Baptist Church. 9 July 21x19 amended 16 September 2021.
Trustee selectlon methods:
The Minister is appointed by secret ballot at a Special Church Members, Meeting called for the
purpose. Deacons are elected by the Church Members each year to serve for a three-year term,
commencin8 on the itt of January the followin8 year (except where a mid-term vacancy is bein8
filled). To be elected all Trustees must obtain at least a trwo-thirds majority of votes cast.
Membership and Members:
A combination of deaths, relocations and new members saw a slight drop in membershlp to 51.
c) Objectives and Artlvltles
Mission of the Church
The principal purpose of Kenton Baptist Church is the advancement of the Christian faith according
to the principles of the Baptist denomination. Other purpose5 may include education and
charitable work, both in the United Kingdom and elsewhere around the globe.

Kenton Baptist Church
Report of the Trustees for the year ended 31 December 2024
Regular actlvltles of the Church
Sunday morning worship takes place at 10.30am each week and Holy Communion is celebrated on
the third Sunday mornin8 each month.
Swashbucklers lan evenin8 8roup for middle school boys). Toddlers & Co la weekly toddler and
parent group) and Senior Adults Club continue to flourish with varied and stimulating programmes
which are welcomed by the local community.
Organisationally, the Deacons {Trusteesl met regularly throughout the year to maintain careful and
prayerful oversight of Church activitie5. Bi-monthly Church Members. Meetin85 alw continued
throughout the year.
The ¢ontlnulng Ilfe of the Church Famlly
We were delighted to welcome guest preacher5 to the Church on a number of occasions, including
some who were able to connect us with the worldwide family of God's people. Durin8 the year we
had visits from two of our linked missionaries who serve in Belgium and Cyprus.
Duiin8 the year we shared in sadness at the passin8 of two longstanding members ofthe Church
family, one of whom was a founding member of the Church. We also said farewell to others who
have moved away. All will be greatly missed.
Our Harvest Festival this year was on the theme of 'Harvest for Lost Souls, and family and friends of
the church con8reBation were in invlted to attend. Monetary offerin8s from the service were
donated to the London City Mission.
Outreach In the Ilfe of the Church
As has become the Church's custom, we focused our outreach on a couple of special events
designed to en8a8e more fully with our community, on regular weekly clubs and activities (see
above) and on widespread invitations to our Easter and Christmas services which, like many other
services at KBC, include clear presentations of the Good News of Jesus Christ.
In 2024 the Church continued thÈ'Warm Space, initiative through the winter months providlng a
warm, friendly environment for the communitys use.
Our 'speclal events, this year included several themed parties throu8hout the year for children in
the nei8hbourhood. a Comedy Evening in June and a Gospel Concert in November. All the events
were well attended and provided opportunities for some meanin8ful conversations.
In March we also held a Coffee & Cake morning which was very well attended, and which included
support for Great Ormond Street Children's Cancer Unit through purchases from a remarkably well-
stocked Nearly New stall hosted by a Church Member.
Prayer In the lrfe of the Church
During 2024 we continued our emphasis on prayer meetings introducing a monthly prayer meeting
on Tuesday afternoons. The focus was on Church growth and direction of service. The Church's
many small groups (home groups. friendship groups etc.} routinely continued to pray together.
Special prayer meetings for God's work in the wider world through oversea5 and home missions
remained a key feature of Church life.

Kenton Baptist Church
Report of the Trustees for the year ended 31 December 2024
Workln8 with other Churches
Our Church plays an active role in its relationship wrth other Christian communities. Our Church
building and its facilities continue to be used by our friends in the Betel Romanian Church, who use
our premises many times every week, and for whom we thank God. The 'Warm Spaces, initiative,
Week of Prayer for Christian Unity and Good Friday Procession of Witness all provided natural
opportunities to collaborate with other con£re8ations through the Kenton Group of Churches.
Financial support for missions and specbal appeals
Kenton Baptist Church continued to donate to a regular range of charities this year. These included..
Baptist Missionary Society, Baptist Home Mission, Christian Aid, Harrow Schools Link Trust, Mother
Janet Orphanage in Uganda, One Mission Society IOMSI, Evan8elised Fields Mission IUFMI.
Support for other local 8roups
A local Nursery group continued to use our premises until the end of July when the owner retired
and sold it to another group as a going concern. In September the Church Members formally agreed
to permit the new Nursery to continue usingthe premises.
d) Achievements and Performance
We contlnue to seek every opportunlty. throu8h words and artions, to make the Good News of
Jesus Christ known in our community.
Our activities in 2024 continued to provide a number of services that are valued by our local
community. Church members actively support the local food bank and have used the Fare Share
charity scheme to redistribute supermarket food approachin8 the end of its shelf life. We are most
grateful to the many volunteers who consistently give their time and energy to sustain all our work
for the Kenton community and for God's Kingdom.
e) Flnanclal and pollcy revlew
The Church's income is principally derived from freewill offerings and from rent charged to the
Nursery and Betel Romanian Pentecostal Church. Durin8 2024 the freewill offering income of the
Church plus periodlc donatlons was slightly hlgher than the level budgeted in November 2023. We
thank God for this and honour the falthfulness of the Church family in sustainin8 their giving
through thls tlme. Rental income slightly exceeded the level budgeted.
We set a budget prior to the start of each year and use this to manage finances through the year. A
financial report is provided at a monthly Deacons meetin8 and bi-monthly Church meetings. The
Church has adequate financial reserves but will continue to hold as minimum reserves the sum of
Senior Minister and Administration annual budget lines- for 2024. £49.135.
The Deacons continued to monitor risks to the Church. including financial risk.
f) Diaconate responslbllities
The Diaconate is responsible for preparing this report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards. Charity Law requires the Diaconate
to prepare financial statements for each financial year which give a true and fair view of the affairs
of Kenton Baptist Church and of its incoming and out8oing resources for the year.

Kenton Baptist Church
Report of the Trustees for the year ended 31 December 2024
In preparing these financial statements. the Diaconate is required to
select sultable accounting policies and apply them consistently
observe the methods and principles in the Charities SORP
make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards have been followed, subject to any
material departures disclosed appropriately in the financial statements
prepare the financial statements on the going concern basis unless It is inappropriate to
assume that Kenton Baptist Church will continue to exist
The Diaconate is responsible for keepin8 adequate accounting records that disclose with reasonable
accuracy the financial position of the Church and which enable it to ensure that the financial
statements comply with applicable Accountin8 SL3ndards of Recommended Practice {the FRS1021,
and the Accounting Regulations set out under the Charities Act 2011. It is also responsible for
safeguarding the assets of the Church and for taking reasonable step5 for the prevention and
detertion of fraud.
The trustees approved the trustee5' report above at thelr meeting on I" July 2026. It is signed on
behalf of the charity's trustees as follows:
Sl8nature
Full name
Karen Elaine Hogge
Church Secretary
Positlon
Date
1171IG
dgt,

Kenton Baptist Church
Report of the Independent Examiner to the Diaconate
for the year ended 31 December 2024
Independent examinerfs report to the Ministers and Deacons {the trustees) of Kenton Baptist
Church
I hereby report on your account5 for the year ended 31112/2024 as set out on the attached pages
and on my examination thereof under S145 of the Charities Art 2011 ICA20111 & guidance from the
Baptist Union.
Respective re5pon51bllltles of Trustees and Examiner
The Trustees are responsible for the preparation of the accounts. You consider that the audit
requirement of 5144 of the Charities Art 2011ICA2011 The Act) does not apply. It is my
responsibility to report, on the basis of procedures specified in the Eèneral directions given to the
charity commi55ioners under S145(5) (bl of the act whether particular matters have come to my
attention.
Basls of report
My examination was carried out in accordance with the General Directions 8lven by the Charity
Commission under S145 of the act. That examination includes a review of your accounting records
and a comparison of the accounts to those records. It also includes consideration of any unusual
items or disclosures in the accounts and seek explanations from you to them. The procedures
undertaken do not provide all the evidence that would be required in an audit and consequently I
do not express an audlt opinlon on the accounts.
Independent Examlners staternent
Durin8 my examlnation, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements
to keep proper accounting records in accordance with $130 CA2011
to prepare accounts with accordance with the accountlng record5 and the
requirements of that Act
have not been met.
2. to which I believe attention should be drawn in order to enable a proper understandin8 of
the accounts to be reached.
Si8nature
Full name
Kevin Ogilvie
23, June 2026
Date

Kenton Baptlst Church
Statement of Financial Activities
for the year ended 31 December 2024
Income and Expenditure
Unrestricted
Funds
Restricted
2024
2023
Notes
Funds
Total
Total
In£omln8 Resources
Voluntary income
Regular rental income
60,069
57,836
60,069
57.836
57.928
39,679
Interest and Investrneni In¢ome
3.284
3.284
4,765
Incornin8 rtsour¢es from tharitable
2,783
2.783
3,739
other incomlng resources
Total Incomlnz Resources
123.973
123,973
106,111
Resources Expended
Charitable activities
117,505
2,102
117.505
2,102
131,403
Governance costs
Other Resources expended
Total Resources Expended
119,607
119,607
131,403
Net Incomlng/{outgoln8)
Resources
-25,291
Gross Transfers Between Fund5
Net surplu5/ldeficbil before
revaluations and investment asset
disp05als
Gains and losses on revaluatlons of
fixed 35sets lor the charity's own use
Galns and losses on revaluations and
di5P95a15 of investment assets
-25,291
Net movement In Funds
Totsl Funds brought forward
4366
132,420
-25,291
143,222
133,067
Total Funds carrled forward
136,786
137A33
117,931
>>age | 7

Kenton Baptlst Church
Balance Sheet
for the year ended 31 December 2024
Balance Sheet
2224
2023
Current Assets
Cash at Bank
Cash in Hand
London Baptist Property Board
BU 12-month deposit account
BU 3-month notlce deposit
Total Current Assets
4,691
409
40,798
40.000
37.046
3,453
550
39,361
75,214
122,944
118.578
Llabllltles due wlthln one year
Total Net Assets
118,578
Charltable Funds
Unrestricted Funds
Restricted Funds
122,297
647
117,931
647
Total Funds
118.578
These accounts were approved bythe trustees at their meeting on 1$1 July 2026. and are signed on
their behalf as follow5:
Signature
Full name
Georgina Ofosu-osei
Treasurer (from 0110812023)
Position
Date

Kenton Baptist Church
Notes to the Accounts
for the year ended 31 December 2024
11 Accounting Policies
al Basis of
aration
The accounts are prepared on a cash basis in accordance with the accounting re8ulations and
reportin8 by Charities Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard for smaller entities {FR51021 and the
Charitles act 2011 and applicable regulations.
re
bl Donations
Donations and gift aid relief from HMRC are accounted for when receivÈd.
cl Le8acies
Legacies are accounted for when funds are received in cash or at bank.
dl Investment Income
Investment income is included in the accounts in the year In which it was received.
e) Fund raising
There are currently no material fund-raising costs.
fl Grants payable
The church makes grants to other organisation5 whose charitable objects complement Its work.
They are accounted for in the year in which they are paid.
gl Governance costs
This represents dirert expenditure on the 8overnance of the Church. Most of the management is
carried out without charge by volunteers. This intan8ible cost is not included In the statement of
financial artivities since there Is no measurable cost to the volunteers for their service. In 2024 the
Church paid lawyers to produce a contract for premises rental to the new Nursery that commenced
this year. This is included in the Administration cost for 2024.
h) Fixed assets
The Church and manse premises are included as notes to the balance sheet at insurance values
because reliable market values are not available, and valuation would incur significant cost which
would be onerous compared with the additional benefit gained by the user of the accounts.

Kenton Baptlst Churth
Notes to the Accounts
for the year ended 31 December 2024
l) Accountlng Pollcles convd
il Depreciation
Depreclation has not been charged on the church or manse premises, because in the opinion of the
trustees, the residual value of the asset is not less than the ori8inal cost price. All equipment
purchases are accounted for as an expense in the year of purchase. Hence, the church does not
account for fixed assets and depreciation does not arise.
l} Debtors
Tax reclalms on offerin8s are made on a tax year basis, normally in June following the end of the tax
year. They are accounted for in the year in which they are received. In 2024 the tax rebate was
received in September.
2) Expenses
al Staff
osts and trustees, ex
en
2024
2023
Gross Wa8es and Salaries
Social security costs
Employer'5 pension costs
attributable to current
employees
39.022
37.074
4.183
3.976
43.205
41,050
Social security costs to the Church are currently wlthin the employers. NIC allowance.
The average number of employees duringthe year was two. No employee received emoluments in
excess of £60.OCKI durin8 the year 2024.
No other Deacon Itrusteel or any person connerted with them has received or Is due to recelve any
remuneration for the year directly or indirertly from the general fund {or any other fund), other
than as stated elsewhere in these accounts.
Trustees, expenses..
The senior minister receives expenses of office, and Trustees may from time to time receive
reimbursement of expenses incurred on behalf of the Church.
Tronsactions Wlth Trustees..
There were no transactions with Trustees in 2024.
vags, | 10

Kenton Baptist Church
Notes to the Account5
for the year ended 31 December 2024
nsions
See further information in note 5.
cl Related Charities
The custodian trustee is the London Baptist Property Board which is charity number 24976. The
Church is a150 a member of the Baptist Union of Great Britain, and the London Baptist Association.
The Church made contribution5 totalling £4.6LX)12023 £5.7501 to the London Baptist Association
Home Mission Fund as part of Mission Givin8.
3) Flxed assets
31
12
2024
31
12
Net Book value
The church is the beneficial owner Isubjert to the relevant trusts) of the following assets, the legal
title to which is held by the Church's custodian trustee (The London Baptist Property Board
Llmltedl:
Church premises at: 5treatfield Road. Kenton, Harrow, Middlesex HA3 9BS which has an
insured value at 1st January 2025 of: Buildings - £3,293,5(Kl & Contents - £110,751.
Church manse at 32 Kingshill Drive, Kenton, Harrow, Middlesex HA3 8TF which has an
Insured value at I, January 2025 of: Buildin8- £421.406.
bl
41 Investments. deposlts and banklng
The Church's current account with Charities Aid Foundation 8ank was opened In 2021. Deposlt
accounts are held with the Baptist Union Corporation18UC, 12-month. 3-month and 7-day
accounts) and London Baptist Property Board ILBPB. zero notice account). In March 2024 the
Church opened a BUC 12-month account and transferred some funds from the BUC 3-month
account. Thls account will mature in March 2025.
51 Penslon Scheme Llabllltles
The Church is a participating employer the Baptist Pension Scheme 1.the Scheme"), which is a
separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The
assets of the Scheme are held separately from those of the Employer and the other participating
employers. The Scheme. previously known as the Baptist Ministers, Pension Fund, started in 1925,
but was closed to future accrual of defined benefits on 31 December 2011.
Prior to this date the rnain benefit provided through the Defined Benefit IDB} Plan was a pension of
one eightieth of final minimum pensionable income for each year of pensionable service tO8ether

Kenton Baptist Church
Notes to the Accounts
for the year ended 31 December 2024
with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum
Pensionable Income. Since l January 2012. benefits have been provided through a Defined
Contribution (DCI Plan. A formal valuation of the DB Plan as at 31 December 2019 by a
professionally qualified Artuary usin8 the Projected Unit Method. At the valuation date the market
value of the DB Plan assets was £298 million. whilst the level of assets needed to pay benefits was
£316m, giving a deficit of £18m (equivalent to a past service funding level of 94%). The Church and
the other participatin8 employers in the D8 Plan are collectively responsible for fundin8 thls deficit.
The next artuarial valuation of the DB Plan within the Scheme is due to take place not later than as
at 31 December 2022.
On 30th June 2022 the Baptist Pension Scheme signed an agreement with the insurance company
Just Group I"Just"I to secure DB Plan members, pension benefits. Just are now providing financial
backing for all pension5 provided through the Scheme's DB Plan and following this transaction, the
Scheme no longer has a shortfall. An updated Recovery plan was then signed in August 2022 under
whlch recovery contributions from each participating employer in the D8 Plan reduced to £1 per
month from August 2022.
Statement of Investment Principles for the Baptist Pension Scheme 1.the 5cheme"I
Statement ol Investment Prlnciples (51PI The SIP is prepared in accordance with the requirements of
Settlon 35 las amended) of the Penslons Act 1995. the Occupatlonal Penslon Schemes {Ibwestment}
Re8ulatlons 2005 las amended), the Occupatlonal Penslon Schemes {Charye5 and Goveman¢•l Re8ulatlons
2015, and the Pen51on5 Re8ul•t¢Ws guidance for defined benefit pension sthemes Imarch 20171.
The SIP also reflects the Trustee's response to the Myners voluntary code of Investment prln¢lples, as well
as the DWP'5 2018 guldance on matters relatin8 to ESG. including Clim•te Chan8e.
Professlofial Advlce and Consultatlon This SIP has been prepared after obtaining and considerin8 written
professional advice from LCP, the Scheme's investment adviser, whom the Trustee considers 5Uitably
qualified and experienced to provide such advice. The advice takes into account the suitability of
investments, including the need for appropriate diversification gNen the circumstances of the Scheme and
the principles set out in this SIP.
Thls SIP from time to time as been review by three years the Trustee and, its ad¥i5ers. will arnend it as
appropriate as soon as practicable any significant change in investment policy or in the demographic profile
of the relevant Members in re5pett of the DC Plan.
Investment oblectlves
The primary objective for the DB Section Is to ensure that the Scheme should be able to meet benefrt
payments as they fall due.

Kenton Baptist Church
Notes to the Accounts
for the year ended 31 December 2024
Investment Strateby
The DC Plan's main default arrangement is the Ethical Default Lifestyle strategy: this will be the default
option for new joiners who do not make an active investment choice
The DC Plan's main default arrangement-_
The Ethical Default Lifestyle strategy
The Ethical Default Lifestyle strategy has been desi8ned to be in the best interests of the majority of the
members based on the demographics of the DC Plan's membership. The default option has an initial growth
phase under whlch Investments target a return significantly above inflation.
Other default arrangements
In addition to the main default arran8ernenl, the DC Plan ha5 four additional default arran8ement5: • the
Lump Sum Lifestyle strategy Iclosed to new members):
• the L&G Diversifled Fund..
• the L&G Global Equity Market Weight5130:701 Index Fund- GBP 75% Currency Hedged: and
the L&G Low Carbon Transition UK Equity Index Fund.
The Lump Sum Lifestyle strategy
The Lump Sum Lifestyle strategy is the DC Plan's le8acy default option help manage the volatlllty that
members, a55ets experience In the 8rowth phase of the legacy default option, rhe Trustee has included an
allocation io DGFS which over the long term are expected to generate returns above inflation, but with lower
volatility than equities.
The L&G Diversified Fund
The L&G Diverslfled Fund became a default arran8ement for the members whose assets were automatlcally
mapped into this fund. The Trustee belleves that this fund is an appropriate default arran8ement for ihese
members, but the fund is not to be offered as a defauft opt￿n to the rest of the DC Plan'5 membership.
The L&G Low Carbon Transition UK Equity Index Fund
The L&G Low Carbon Transition UK Equity Index Fund is designed to provide exp95ure to the UK equity
market while on a decarbonisation path to achieve net zefo by 2050, whilst also significantly reducing the
level of carbon reserves and improving green revenues.
Conslderation5 in setting the investment arrangements
When deciding how to invest the Scheme's assets. the Tru51ee considefs a number of risks, and some of
these risks are more quantifiable than other5, but the Trustee has tried to allow for the relative importance
and magnltude of each risk of which setting the strategy for the D8 Section the Trustee ha5 been taking it
into account.
| 13

Kenton Baptist Church
Notes to the Accounts
for the year ended 31 December 2024
61 Reserve Nole
Galns
Balance
Balance at
Income
Expends￿le Transfer
110ssesl
at
31.1223
31.12.24
Unre5trlrted Funds
General Fund
115,070
121,189
116,899
119,360
Covenanters General Fund
Coda Club
FJ
GITI'5 8rliade General Fund
GB8C
Senior Adults
1.296
2.595
189
3,￿8
299
883
Swashbucklews
270
Toddlers & Co
1,184
1,184
Total Unrestrlcted Funds
117,931
123.97J
120,206
121,697
RestrSrted funds
8uildin8 fvfid
Kitchen Equipt.
GB Mlsslonary
GB Camp fund
647
647
Total Restrfrted Funds
647
647
Total Funds
I18￿77
123,973
120.206
122,343
Vè8F. 114

Kenton Baptist Church
Supplementary Schedule to the accounts
{not part of independently examined accounts)
Income & Expenditure Analysis
for year ended 31st December 2024

Kenton Baptist Church
Supplementary Schedule to the accounts
(not part of independently examined accounts)
Analy5i5 of Income and Expenditure for year ended 31" December 2024
Z024
Total
2023
Total
Incomlng Resources
Freewill Offerin8S
IX)nations
Hall lettlngs
Income from Church
organisations, subs etc.
Interest
55,209
4.861
57,836
55,823
2.105
39.679
2,783
3,284
123,973
3,739
4.765
106,111
Total IncofflSfi8 Resourtes
Le
Expendliures of Resourtes
Staff Cost & Expenses
Premises
Church Equipment
Outreach & Events
Church Or8anisation5
Materials and Equipment
Mission Glvln8
Admin & Misc.
45.455
48,253
240
3,026
41,883
60,766
804
2,138
3.307
3,128
12,838
6,488
16.100
6,584
Total Re50ur¢es Expended
119.607
131,403
Net i￿OrnIng/(Ou￿01nGj
Resources
4.366
-25291
During the year the Church gave to Church or8ani5ations £012023: £01
nd received from Church or8ani5ations £0 (2023: £01.
Vagt.. 116