CROFTON BAPtIST CHURCH Helping people follow Jesus ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CROFTON BAPtI£T CHURCH Helpinu i>eDpID lollow Jesus CRoFfc)N IIAPTI8'1'C:HIIRCII- ANNUAL REPORT2024 The Charity Triistees prcsciit their Aiinual Rci)01l and Fiiiancial 8tat¢nieiils foi. the yeai. ended 3111212024. StRtutot'y Info1.￿lItt￿n: Rogistei'ed Addl￿S.. 100 Ci'oftoti Ldne Oipington EIRS I HD As froii) 0910212010, Croftoji Baptist Cliurch I'CBC,. 'the ehai'ity'l becatjie a iegistered cliai'ity. CBC'S Registered Charity number is 1134220. Trustees: Diaiie Moss (Chair of Ti'Lislets)- from 01101125 Rev Adridn Judd (Pa5¢orl- paid- fix)Jn 01109112 Rev Moises Meiidoza (Associate Pastor) paid from 01104123 Wole Adeloye (Eldcr) Andrew Crowson (ChurGh Manager & F.Ider)- paid- froni 07109116 Chris Munday (Chair of tru$te¢s)- resigned 1511 If24 Rachel Davis Helen William5 Ferni Adcsanya Kola Oloiinbanjo Sittjon Li (Chaii. vf Finance Team) Sar% Bottomley (Cojnmunily Woj'ker & Elderl- paid - froni 01109113 Lisa Adani%- from 01101125 Pyopei'ty Ti-uEtcos: The B&pt151 Union Corporation l.imited Baplisi House 129 Broadway Didcol Oxfordshii OX I18R'I' BHiiker5: Bai'clays Bank PL(.. 229 High Street Orpington BR6 OJU CAf. Baiik Ltd 25 KIDgs1 lill Aveniie Independent Examinti.: Bmnianuel Bdjunglu 26 Clay Wood Close OTpiiigton BR6 OTA West Malling ME194JQ Cliai'lfable Objecl Tli¢ Cliai'ity is goveiiied by a cunsliluliutt wliieli slalcs Ilial Ilie pi'iiicipal purpose of the cliarity is the advaticeilleiil of tlie Cl)TjStiaii failli aGu)I'ding to thc priiiciplcs of ihe Bai)ti%t dcnoniiiiRtioi) to include th¢ advaticcmcnt of educatioii. comniiinity servicc and %iich othcr gcotral chai'ilable piiipo%e8 in siioli paits of th¢ Uiiiied Kii)gdoim aiid tlie woi'ld as Ihc chui'ch shall dclcrinine. The uhiirLh prrn)is¢s are oil laiid forwliicli the Baptist Union Corporation Limiled hold ti'iists wliicl) al'e enlii'ely conipxlible with above object. Oi'gAnisAtiOllJLI Sti'uctiii'e And Deeision-Mal(ing Pi'oLV5S Cix>fton Baptist Chiirch i5 ali uniii¢oJpoJ?led association with Maiiaging Trustees appointed by a m¢etii)g of pai'lnei's (tlie'cliurch Meeting"). Cliuirli i)aitiiei'sliiiJ is 01)eii lo dll wlio pi'ofcss rei)eiitance lowaiyl.% Ciod and failli in ¢IIL' Lord Jcsiis Christ. -l-hey also accept the dcity of thc Ini'd Je8u% Lhi-ist, Ihc aiiihority of thc .loly Sci'ipti%rcs and the iiite¥prctation of theni ii.8ually callod EvaiigclTcal. Ill aGC0]￿anCe with th¢ Constitutioji, the Church Mccting appoints the Tnislees, (Consisting of tlie Pastors and Itadeixliip Team), t(} be i'e8ponsiblc for tlic spiritual leadership. vv¢rsigTht, und admiiiislration of the chiiirh. including the finaiicial and legal aspects of ilie charity. Specific dutie5 are assigned by the Ti-uslees to each pei'soii by Jiiiitual dgrettnen¢. New Trustees i*Leive d pack of appropi'iale docuineiitalion. a5 li51cd in Ilie doLiimenl"Bi'iefitJg Neiv CBC Leadei'shTP Teanj MeTJihet'sl? The Trnstccs submit Itlcvant tnartcrs to Ilie C'.hiJirli Mectiiig foi. giiidanLe, or n)dllcrs may bc I'aiscd by partners in tlie C.huTch M¢et5ng for fv18her eoiisidei?tion by thc TTus¢ces. Th¢ Church scck% to work by consciisus whciEver possible. though the eon%titution permits dccisioiis to be made at Cliiii"¢h Meetings by appiDpriate majorilies. All partt]ers a en¢ouiBged to lake at) appropriate pail in the spiiitual and pr8bii¢al tasks involved in thtt fui1hej.ance of the charitable objective. Tlie ClJutLh MeefiM£ has I'esponsibility for the ovÈr#ll poliiy ot. the cliurcli, tlie Appoiiilrnent of the Cliai'ity Ti'ustees and ineels regiilai'ly Iiiot1¢sS tlian four tillie￿ per yearl. There ivcrc toiir mcctings during 2024, one of wliich was a special churcli mceling, the ACJM, and a rcgular chuTch nie¢ting. These included %pecial Chiiirh nicetings on 18102124 and 23106124 tD approve amcndTncnts to thc conststutiot) to implement tlie cliange from 'niembcrsliip' to 'partnei'sliip' Cliai-ity Ti'Jsiees are elected foi. a pe￿.10d of 3 yeais and ai¢ eligibl¢ for re-el¢¢lion At the end of their pejiod of seTvice. The Churlh SeLretai'y aiid the Chair of the Fiiiaiictt T¢am #1¢ ¢hosen aoniially by the Chaiity Ti'LlStees froni an)ong tli¢iiisEIvE5, subjeLI to ixlilicattoii by tjie pailnership at Ilie next Chiiirh Meeting. Objectiyes aDd Activities 'lkne Mi5siots Slat¢n)eiit and Ohjcctives of the Church continue to be as follows.. Crofton Bllpti5t Cliureh Mission Stattment-'Helping people follow Jesus, f.rThfton Baptist Chui'ch Vision- 'We exist to lielp people to become fully coniinitted aiid equii)ped disciples of Jesus Chi'rst" We will (Iv this throueh: Jesus, ceii¢i'ed pteaeliing tegtliiii# Pfft#yti' tljllt is botli pei'%oiial aikil cu2'poJ'ate Loving I'elatiollsliiijs Ati'oss tlie generations Sei'viilg othci's Ive idcntify Ind itse our spii'ituAI gift5 Pas5Li>iiafe outi'cH¢h both it liome oveJ'seAs EngAging ivith oui. 50ciely in Iv4ys that al'e cullui'glly ielevAnt Joyful creative iv0￿1)1p thllt 15 grounded in Stfft'iptui'e This nieAIi5: Beiii% eoiiiinitted to pei%oiiAI spit'itual gi'oivtli tlii'ougli tlie iegulaT' i'efiding of Cjod's wol'd Living AS # distii?le olJesiL8 evevy day of Ihc Iveck ilelonging to #ppi'opi'inte 8mAII gi'oup I lÉfe gi'oup Lenrning to shal'e our flith C.hi'ist it) nAtui'AI And unfoi'ced iYHys Being ijivolved in A gi'oiiplaLtivity within oui. IOCAI commiinity Shiring oui. resources foj. Ilie sake of the Iiirtgdvni and fur the tAre ol'otliei'5 PIAying Qui- pai't iii a eliutyli th#t lives ui) tts (he iniAge ofbeing A cljui'cli that folloivs Jesus C.ompl¢tC 5uhiiiissiDii to tlie Floly Spii'it in hotli derisioti-niakijjg belillvioui. Thc cliureh 1% coinmitl¢d to tlii.8 visioii whicli includes gtyiwing it5 Illteirsl in global inission, dttvelopin compassion ministries. and caring foi. penple in the cointniinity. It is possiblc ti) see Iliis coiiitt)iliii¢iit in the work ¢4iJ'ied out by partnei's ofihe chiir¢h in sei'ving thc loc&l, wider re8int)i?I, aiid global comniunilics. Miiiisti'y Teain Sti'ui'lthi'e Additionally. the cliurcli has a Iministiy Teain 5triicture iii place. During 2024 tlie nine lean15 have oveJEeen varioiis arcas of chiireh lilc. Yi)ulli, c.oniiniiiiity. I'ellowship, Missioji, Pasloral Cai¢ ￿11(1 Pi?yer, FiJJance, 8iippoit, Senioi's, (:hildicii. aiid Ilie Sunday ScJ'viLc Miiii41ry Teaim. Ihese teams etjcourage p&rltieiE ¢0 be fully involved in the work of the chiirch exer¢i.¥iiig Ilicir gifis aiid iising thcir skills. Chllrch Life The ¢huTGh is cominitted to helpiiig all ils partller5 grow as faithful fi)Ilow¢rs and worshippers of Jesus Christ aiid servaiils of other people iii the chuirh and widei. community. Suiiday 5crviccs piDvide oppoitunilies for leaching aii(J worship. Tliey aiE also an OPPOTtiinity to encouragc partncrs to be active in scrvJrtgi)Ihei's aiid telliiig thein aboiil Jesus. P*i-l&ieit of the ChurLh also enjoy fuji eveiits diid eating togTeiher. Tli¢ sei'vi¢es aTe livc-stieamed and tlien Ilit iecoi.diiigs ale placed on Ilie cliiircli's YouTube cliannel. The numbej's of biisine8s mcelings w¢re as follows.. Leadciship ream Church Meetiiigs-4. Ttie Church AGM appmved the aniiual report and annual accounts for 2023. It also ¢onsid¢red strategy and V15ion for tlie yeai. aliead. Tjie ￿gular anniial Chai'ity Triistee Ele¢tion took place diiring Novcmbei. 2024 when Diane Moss was ¢ippointed as dii Eldej. and Lisa Adams wa¥ appuinted as a noji-eldei'ship trustee. Those elccled b¢gan 3-year teiTMS frojn QllOIt25. Thc church partnership at ili¢ end of Dectinber 2023 lotalled 155 and at the eiid 01. 2024. h￿Vill￿ laken account of death%, people moving on and new partners joiniog, it wa% 154. 5 adults have been baplised by immersion during th¢ year. Achievemenf5 and Pei'foi'tiJ4nce Several inipDilaiit objective5 h&d beeii agreed by the Charity Triistees and Chuirh Meeting for 2024 in¢luding-. l. Lauiich a new website with a wider range ofEeature to enliance commttnication within ihe fellowship an(1 beyand. 2. Coniplete th¢ ITansition to chiirch covenant portneTship. 3. To lun ali apologetics course eiilitled 'Beyond Bclicf for Ilie ljeneffrt of Ilie ¢oniimuiiity. 4. Condiicl a I'ttview of tlie Missioii Ministry Team activities and ihe sy5teins and piDceduirs for siippThrting mission ()rBiinisations. -$. I:on.%id¢r how to addirss tlie issiie that the Main Woisliip Area is now virtlldlly full on Sunday5. CongiEgation gr0￿h will rcqiiivE 1111)QV41tivc thiiiking. 6. B5tablish a Pray¢r Room Iising thc tnodcl provided hy th¢ OFganisation 2417 Prayer. object￿ve5 one to fjve were met during the year and objcctive 8ix was car¥i¢d thiDugh to 2025 In addilion, each Ministry T¢ain set objcctivcs for 2024 Consistent with thc overall objectives and thos¢ of Th¢ lollowillg objectives were set for 2025.. l. Hold a teacliing sejies eiititled 'eore values, ajd ¢ondu¢¢ a covenajit seivice during the first part of tlie year. 2. Contiiiue to expl(>re the possibilities prescntcd by thc availabilily of IhE Oak Hall Worsliip Space includinE alternattve services and th¢ ability to dcveloi) new woi3hip leiideT5. 3. Cunjplele tlie Missiijn Sii'ategy GIDiip ajid Mis%i()n Mtnislry T¢ani Irfoim5. 4. Hold a fuitlier 'Beyond BtlieP course following the SULcess of the fij'st oiie. 5. IinpiDve th¢ Oak l.lall AIV capacilies. 6. Refirsh and reconstitule the IEllldinitiu Ministiy Teajii and encouragie all cliurch parln¢is to pariicipate in FinxncE Miiiisti'y'l'eAm: 'Ilie fijiancial I'esults foi. the yeaT ended I l Dccembtr 2024 al￿ 8el out in tlie accompanying finaii¢ial 8tatciiJent%, ti)8Ctlicr with a 5unimaTy of the aG¢ouiiling policie% adopted by thc c.harity- Tlic cli11￿h continiics to raise tli¢ funds needed to cairy oil its activities fi'oin wiihiii its own paitiiership and coiigiegatton, and iji tliis accouiiling year no wid¢r piiblic appeal was niade fol. ￿jidS. Ai the end vf this a¢Lounliiig year the cliurch eiiiployed 4 people. Tli¥ GhuiLli d¢peiids lie¢ivily oil voliitileej's ainonk? 115 patliiership in all aspects of ils acttvities, many of wliic13 iiivolve little or iiu expLndtliirc bLII ncvcriheless coiitribiite siibslaiilially lo Ili¢ a¢hievenient i)f ils objcclives. Oiiliiic giviiigoptions are Rvailableand ¢ashlcss giviiig via a Jiiobilc phoiie app was intr(>dii¢cd dui'iiig 2024. As ail expression of it5 Tole iii tlie life of thc wider cliurch, the Charity made grants to naiional and intCl'11atioiial oi.gani5atioiis and sO¢l¢ties whoqe aiiiis, and objcctivcs aiE compatible witli this ¢liur¢li's own ¢haritable pui'PDse (Dctails are listed in the fin8n¢iAI statements for tlje Year Ended 31 DeLcinber 20241. Diii'ing Novciiibei. 2020. the Fin£tn¢¢ Team fomiulated a revised iEserves policy. The finanGes of the cliurch OIE not depeiidgnt oji any one iiicunie 5¢1'¢ain: IOT in5taiice, it receives iio ijiconie from iiiveslnieiits ntlier thdii btiiik aLLouiII iJitei'e81 aiid does not depend oil a few largt doiioi's. 'l-lic cliurcli owns a iiiinister'% J'esideiice and all its other a%setE oulrighi. 'lthroiighout the yeftr, thc I,¢llowsliip Fund piDvided 8llPPOrt to many partners who wei'e ill financial necd. in¢luding pensioner.% and thosc on bcnefil5. CIDfton Baptist Cliiii'¢h l)&s appri)ptiate insiii'ancc for ￿t$ buildings and Contents and Eniployei 5 Liability InsuTancc, as recomtllended and PlDvided by the Baptist lllsurance Conipaiiy PLC. F￿￿0¥4￿r￿nOOrt5IO0tÈ￿*Br2o￿4 gQ13 Unrost￿rt￿d Dp5*nitsrt fun&% Er￿D￿7n￿nl rund5 T¢t•l ds Tot41 IncoNI¢om'. 19LW3 9.859 1.779 15,11 y.y 194A29 2$4.$3# 17.397 In￿St￿entS 1719 15.LY 2F¥4S lnlstry 170,$41 170.541 44.923 4D iag.X4l E510￿1$F￿￿￿l 725 6I.Y36 20.154 5.4 2AQI 4725 18.72$1 4,452 ECONQLIATK)NOFFUPI NetmDvementkn*unrf5 TDtalhnd￿￿Oug￿rff￿￿1J 7zSI 1.$3g.l43 L521.5$8 4ASR L756.913 1.76L575 15BA8J 17L￿5 66.9BB 65PBB Lis9 1123 1.760,142 1,756.923 Balance sheet at 31st December 2024 Notes 2024 2024 2023 2023 Fixed assets Tangible a5set5 io 1,529,689 1,530,283 Current assets Debtors Bank and cash li 12 31,765 27,830 236,835 231,165 Creditor5.' Amounts fallinE due in one year 13 Net current assets 231,686 226,640 Total net assets 756 923 Reserve5 Endowment fund Restricted funds Designated fund5 Un¥estricted funds Total funds 1,521,558 2,123 65,988 1,530,283 1,169 66,988 158 483 56 15 16 17 1761375 These accounts were approved by the Trustees on 5 0 &7¢.k Jo >r and signed on their behalf bv.. Simon Ll ITreasurerl Andrew Crowson (Secretary) l. Accounting policles. Ba51s of preparation. The actount5 are prepared in accordance wlth the Charities Statement of Recommended Practice Icharities SORP 20191, FRS102 and with the Charities Act 2011. Crofton Baptist Church is a reElStered charity, no. 1134220 and meet5 the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognized at historical c05t or transaction value unless Otherwise stated in the relevant accounting policy note5. The Financial Statements are drawn up on the going concern basis whith assumes Crofton Baptist Church will continue in operational existence for the foreseeable future (deemed to be period of at least 12 months from the date the financial statements were authori5ed for Issue). b. Income recognition All incomlng resources are included in the Statement of Financial Activitie5 when the charity is legally entitled to the incorne after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. c. Donations and legacies Donations are accounted for when received and, where applicable, Gift Aid is accrued. d. Investment income Investment income is included Sn the accounts In the year Sn whlch It 15 received. e. Expenditure recognition All expenditure is accounted for on an accruals basis. Expend￿ture is recognized where there Is a legal or constructive obligatiorn to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably. f. Fundraising and publicity costs The Church does not make formal appea15 for funds thus expenditure on these items is not material. E. Charitable Funding The Church mal(es grants to other organisations whose charttable objects complement its work. It also makes grant5 to individuals in furtherance of the Church's charitable objectlves. h. Fixed A55ets The main church building and the large hall are stated in the a¢counts at the insurance value in 1996. The manse and the extension to the church building, which was CDmpleted in 2000, is included at Cost. Furniture and equipment in the Church premises are included at cost or net realisable value. Fixed asset expenditure is only capitali5ed if Its cost exceed5 £5,000. i. Depreciation Depreciation has not been charged on land and buildSngs because, in the opinion of the Tru5tee5, the residual value of the assets is not less than the c05t or valuation at whlch they are stated. Depreciation on other fixed assets is calculated to write off the cost on a 5tralght-Ilne basis over their expected useful life, at the followlng rates: Fixtures & fittings Equipment, office and audio-visual j.Funds Unrestricted funds are available for use at the discietion of the trustees in furtherance of the general objective5 of the ¢harlty and which have not been designated for other purposes. Designated funcls comprise unrestricted funds that have been Set aside by the trustees for specific purposes. The aim and use of each designated fund is set out in the notes to the financlal statements. Restrictedfunds are funds which are to be used in accordance with 5pecffic restrictions imposed by donors or which have been raised by the charity for specific purposes. Endowmentfunds represent those assets which must be held permanently by the charity, namely the church premi5e5 and manse. Income arising on the endowrnent funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the investments form part of the fund. k. Re5erve5 Policy In order to meet ongoing obligations and provide for contingency events, a Reserves Policy 15 In place and 15 reviewed annually. 2. Donations legacles 2024 Unrestricted funds 2024 Restricted funds 2024 Total Funds 2023 Total Funds Offerings Tax refunds Grants Received 234,014 41,059 16,000 291,073 3,356 237,370 204,315 41,059 34,749 16,0(K) 15,469 3,356 294,429 254,533 Grant5 received are mainly from Crofton Early Learners for the use of church premises. 3. Income from Charitable activities 2024 2023 Unrestricted Unrestricted fund5 funds Friday Heroes Women @ Crofton Seniors Holiday at Home Church weekend Capernwray trip Events Story & Song China Club Renew IUO Friday Kllights & Friday Legends Badminton Men @ Crofton Big Church Read Other 3,445 323 4,653 560 292 610 627 5,327 472 824 29 1,708 634 788 349 228 1,342 301 480 295 1,061 441 210 831 144 1,275 17,397 9,859 The income from the Capernwiay trlp 15 decreased as less people joined the activity. 4. Inve5tment5 2024 2023 Unrestricted Unrestricted funds funds Bank Interest 2,779 3,615 io 5. Other Income 2024 2023 Unrestricted Unrestricted funds funds Insurance claim 15,000 There was an insurance claim for the gas leak in the 5POrts hall during the year. The claim was settled during the year. 6. Ministry 2024 2023 Unre5tricled Unrestricted funds funds Salaries Social securitv Costs Pension costs Training Staff expenses Visitin@ speakers Manse 132,794 7,899 6,137 3,027 4,155 360 16,168 170,541 112,045 5,883 4.863 2,966 4,339 loo 8,946 139,142 The salaries cost increased £20,749 during the year. It15 because the Associate Minister started work in April 20231 part way through the 2023 year. The manse cost increased during the year is because the repair and rllalntenan￿ of the accommodation for the Minister. Much of the church management is carried out wlthout charge by volunteer5. This Intangible cost 15 not included In the Statement of Financial Activities since there is no measurable c05t to the volunteers for their service. The Mlnister, Associate Minister, Community Worker and Church Manager are both trustees and paid employees. The MSnlster's benefits include the provision of manse accommodation owned by the church. No employee received emoluments in excess of £60,000 during the year12023- none). No stjms were reimbursed to the Trustees for their work as Trustees, elther In respect of salaries or expenses.12023- none). Two employees participate in the Baptist Pension Scheme Defined Contribution (DCI Plan. The other employees, including the Ministeri participale In pension schemes from other providers. li 7. Grants 2024 Unrestricted *unds 2024 2024 Designated Restricted funds funds 2024 Total Funds 2023 Total Funds SAT-7 Trust BU Home Mission BMS World Mission Living Leadership Spinnal(er Trust Heatons Education Plus Fellowship Fund UCCF Release International Orpingtoh Food bank Tear Fund Nepal Churches Together in Orpington Christians Against Poverty Othei 7,000 7,000 7,500 3,500 2,IX)O 1,750 1,500 4,741 2,500 1,000 20 7,000 7,000 7,500 3,500 2,000 2,530 1,500 6,361 2,500 1,000 20 7,000 7,000 7,500 3,500 2,000 4,280 1,563 6,631 2,500 1,000 780 1,621 3,235 2,771 1,050 250 470 1,241 41,522 500 1,550 250 470 1,741 44,923 500 1,000 751 2,401 49,731 Restrlcted funds payments are In ¥espert of amounts re¢eived for distribution to various oryanisation5 or for specific purposes related to church activities, including the Fellowship Fund whlch is for distribution of small gift5 to members of the church fellowship to encourage them at times of financial or other distress. Designated funds payments are made from the Emergency Relief Fund and Mission Fund. 12 8. Establishment 2024 2024 Unrestricted Endowment funds funds 2024 Total Funds 2023 Total Fund5 Buildin8S 38,277 10,749 10.877 838 2,029 4,461 4,343 4,437 1,107 38.277 19,273 10,749 12,187 10,877 11,665 838 596 2,029 1,460 4.461 4,325 4,343 4,277 4.437 4,649 1.107 1,070 8,725 10,062 167 173 8,725 86,010 69,736 aeaning Telecommunications Photocopying Insurance Licenses/Subs Office expenses Depreciation Other 8,725 167 77,285 The increase in the building expense is mainly because of the replacement gas pipework in Sports hall, the service charge ON upgrading the general lighting to LED in Oak Hall and upgrading of AV link between sanctuary and Oak Hall. 9. Actlvities 2024 2023 Unrestricled Unrestricted fund5 funds Frlday H@roes Friday Knights & Friday Legends Story & Song Holiday at Home Capernwray trip Seniors 4,007 688 3,207 949 983 843 3,560 475 493 747 853 Church weekend Youth & children 2,412 921 861 2,885 1,364 2,219 1.195 421 Events 420 1,540 2,739 539 Worship Outreach Discipleship Renew 100 114 Men @ Crofton Wornen @ Crofton Blg Church Read Other iio 254 299 1.182 15 16,142 20,154 The expenditure from the Capernwray trip is decreased a5 less people are Eoing and the partlcSpates paid their accommodation themselves. The expenditure from the Events increased during the year as more activities held, thu5 more new stuffs and materials were purchased. 13 10. Assets Fixtures Audio- and Office vSsual Fittings Equipment Equlpment Church Premises Manse Total Cost or valuation At 1st January 2024 Additions 967,529 542,000 74,793 23,320 89,999 1,697,641 8,131 8,131 98,130 1,705,772 At 31st December 2024 967,529 S42,0(X) 74,793 23,320 Depreciation At 1st January 2024 Charge for year At 31st December 2024 72,256 654 23,314 71,787 8,065 79,852 167,357 8,725 176,082 72,910 23,320 Net booli value At 1st January 2024 At 31st December 2024 967,529 967,529 542,untants IACCAI. I have completed my examination. I confirm that no materlal matters have come to my atlentlon in connection with the exarninatlon which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act,. or the accounts did not accord with the accountlng records- or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charitie5 IAccounts and Reports) Regulations 2008 othei than any requirement that the account5 gi¥Je a 'true and fair, view which is not a matter considered as part of an independent eKamination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Emmanuel Bajungu, ACCA 26 Clay Wood Close, Orpington, BR60TA Oate- LL)'LA 19