Charity Registration No. 1134107 **RIDLEY HALL EVANGELICAL CHURCH FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## Contents: Page 1 - 2 Trustees’ Report Page 3 Independent Examiner’s Report Page 4 Receipts & Payments Account Page 5 Statement of Assets & Liabilities Page 6 Notes to the Accounts Page 1 ## **RIDLEY HALL EVANGELICAL CHURCH** ## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2024** The trustees have pleasure in presenting their report and the Financial Statements of the Church for the year ended 31 December 2024. ## **Reference and Administrative Details** The Church is a Registered Charity no. 1135047. The registered address is: Broughton Street, Battersea, London, SW8 3RD. The trustees are as follows: Mr Peter Andrews Mr Simon Huseyin (resigned 11/3/25) Mr Frederick Raynsford (appointed 9/10/25) Mr Fabio Silva (resigned 7/10/25) Mr Gary Cheeseman (appointed 8/10/25) ## **Structure, Governance and Management** The Church is constituted as an independent church, and the governing document is a Trust Deed. The Pastor, Elders and Deacons are elected by the Church Meeting, and are responsible for leadership of the church. ## **Objectives and Activities** The Church’s aims are to spread the gospel of the Lord Jesus Christ and to edify the congregation through the preaching and teaching of the Word of God, the circulation of good Christian literature, and the support of missionary endeavour at home and abroad. We continue to uphold the Bible and the 1689 Baptist Confession of Faith which are consistent with the Charity's Trust Deeds. We believe that the society around us would be better if the Bible was believed and practised in the community. ## **Achievements and Performance** Our regular activities include two Sunday services and a midweek Bible Study and Prayer Meeting. During the year under review, our pastor Mr Fabio Silva continued his regular preaching ministry. We continued to run a Sunday School, and to have recreational midweek clubs for children of various ages. Page 2 RIDLEY HAII EVANGELICAL CHURCH TRusfEEY REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (ConL) Achlevements and Perforniance (contlnued) Financlal Revlew Funds were used to pay visiting preachers, expenses. to pay for the maintenance and nmning of the Church. to support Missionary organisations, to provide literature and to fund various outreach events. During the year under review. a bus collided with the church building causing some damage. This explains the higher maintenance costs and lower rentsl income in the year. However, most of these costs were recouped by means of the insuraTJce payout shown in the account& As shown in the Receipts & Payments account on page 4. there was a net surplus of £8,465 (2023 £10,498). The stste of the financial affairs of the church is considered to be satisfactory. The Trnstees regularly review the reserves of the Church. to ensure that sufficient liquid funds are available to meet ongolng obligations. On behalf of the Trustees G Cheeseman Date,. Page 3 ## **INDEPENDENT EXAMINER’S REPORT** ## **TO THE TRUSTEES OF RIDLEY HALL EVANGELICAL CHURCH** I report on the accounts of the Church for the year ended 31 December 2024, which are set out on pages 4-6. ## **Respective responsibilities of trustees and independent examiner** The church's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year (under section 44(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. ## It is my responsibility to: - Examine the accounts under section 145 of the 2011 Act; - To follow the procedures laid down in the General Directions given by the Charity Commissioners under - section 145 (5) (b) of the 2011 Act; and - To state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than those disclosed below) which give me cause to believe that, in any material respect - the accounting records were not kept in accordance with section 130 of the 2011 Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of - accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. ## **Disclosure** I was appointed to act for the charity on 11 March 2026, for the years ended 31 December 2021 onwards. The accounts do not comply with the 2011 Act (section 163 (1)) in being prepared excessively late. Furthermore, owing to the delay in the accounts being prepared, only one of the present trustees was a trustee during the year under review. The accounting records for the year were maintained by a trustee, the then pastor, who is no longer involved with the church. It appears that there was insufficient oversight of his work in maintaining the records. A small number of recording errors were identified, which have been corrected. There is no evidence of deliberate misstatement of the records. I have no other 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. D C S Cooke MA (Oxon) FCA FCIE David Cooke & Co 5 Briar Close Banbury, Oxon. OX16 9DS Date: 10 June 2026 **RIDLEY HALL EVANGELICAL CHURCH** Page 4 ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024** |**Incoming Resources**
Note
Voluntary income
Offerings
Tax Refunds
Other income
Insurance claim
Investment income
Bank interest
Rent received
**Total incoming resources**
**Resources expended**
Charitable Activities
Employee costs
2
Pastor's expenses
Visiting speakers
Ministry expenses
Overseas Missions
Church maintenance
Light, Heat & Water
Insurance
Postage, Printing & Stationery
Website costs
Telephone
Minibus & parking expenses
Subscriptions
Catering costs
Bookkeeping expenses
Miscellaneous
Capital purchases
Total Resources Expended
**Net Movement of Resources in the Year**
**Cash balances brought forward**
**Cash balances carried forward**|Unrestricted
Restricted
**2024**
Fund
Funds
**Total**
£
£
**£**
28,803
-
**28,803**
21,904
-
**21,904**
4,745
-
**4,745**
652
-
**652**
25,816
-
**25,816**
81,920
-
**81,920**
32,129
-
**32,129**
903
-
**903**
1,550
-
**1,550**
186
-
**186**
2,305
-
**2,305**
17,628
-
**17,628**
6,964
-
**6,964**
5,180
-
**5,180**
1,149
-
**1,149**
739
-
**739**
476
-
**476**
1,492
-
**1,492**
145
-
**145**
178
-
**178**
400
-
**400**
434
-
**434**
71,858
-
**71,858**
1,597
-
**1,597**
73,455
-
**73,455**
8,465
-
**8,465**
256,442
-
**256,442**
264,907
-
**264,907**|2023
Total
**£**
49,208
12,376
-
648
27,375
89,607
34,744
737
1,285
889
9,750
16,684
5,943
4,199
1,928
641
419
1,551
145
-
-
194
79,109
-
79,109
10,498
245,944
256,442| |---|---|---| The notes on page 6 form part of these financial statements. Page 5 RIDLEY HALL EVANGELICAL CHURCH rATEMENT OF LSSEfs AND LIABILITIES AS AT 31 DECEMBER 2024 Unrestrirted Restrirted 2024 2023 CURRENT ASs￿s Cash at Bank & in hand: Metro Bank Kingdom Bank 177,241 87.666 177241 87,666 169,429 87,013 Total Cash balance5 264,907 Z64.907 256,442 LESS: CREDITORS: Due within one year 3.600 3,600 2,700 NET ASSErs 261,307 261,307 253.742 Other assets for which no valuation is available {see note l) Ridley Hall Evangelical Church. Broughton St 10 St Philip St 21 StPhilip St 50 Stratford Road Minibus and miscellaneous equipment Approved by the trusfees on -£01 G Cheesernan, Trustee The notes on page 6 fonn part of these financial statements. Page 6 ## **RIDLEY HALL EVANGELICAL CHURCH** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. Accounting Policies** The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Church's Financial Statements. ## (a) Accounting Convention. The Financial Statements are prepared under the Historical Cost Convention. Because the Church's income is under £250,000 the accounts are now prepared on a Receipts and Payments basis, to avoid the need to comply with the Charities SORP (FRS102). ## (b) Income. Donations represent cash received during the year, including tax repayments received. Charitable Activities Income comprises the sale of Christian books and similar items. Investment income comprises interest received and rental income. ## (c) Expenditure Charitable Activities Expenditure comprises all expenditure directly related to the Church's objects. Governance costs are costs incurred in complying with constitutional and statutory requirements. ## (c) Fixed assets and depreciation The Ridley Hall Evangelical Church building and the investment properties are historic assets. No valuation statement is included in the accounts as significant costs are involved in in obtaining such a valuation, which are onerous compared with the additional benefit derived by the users of the accounts in assessing the trustees' stewardship of the assets. As the accounts are prepared on a receipts and payments basis, other fixed assets (the manse, church minibus and miscellaneous equipment) are also not shown in these accounts. |**2. Employee costs**
Gross salaries & Employers NIC
Pension Costs
Manse rent paid
Manse council tax|Unrestricted
Restricted
Fund
Funds
£
£
27,335
-
1,662
-
-
-
3,132
-
32,129
-|**2024**
**Total**
**£**
**27,335**
**1,662**
**-**
**3,132**
**32,129**|2023
Total
**£**
27,410
1,596
2,700
3,038
34,744| |---|---|---|---| The average number of people employed by the church in the year was 2 (2023: 2). No employee earned £60,000 or more in the year. ## **3. Trustees** None of the trustees received any remuneration in the year, except for Mr Fabio Silva for his work as the pastor of the church.