Year Ended 31st March 2024 Annual Roport Beacon Church Annual Report In these pages, we celebrate the blessings, growth, and fruifv of how God has been moving in this community. Explore More
Beacon Church Annual Report Year Ended 31st March 2024 Purpose of this Report Welcome to our annuaL report for 2023/24. Throughout this document. we aim to give you an overview of the life of the church during 2023/24 and to mark God's goodness to us during this year. We continue to be grateful to our wonderful church family for aLL their generosity and service, vy.yyyi Il Our aim is always to be a community of grace, hope and Light in our community and beyond. We are a bible believing, spirit-fiLled community, on a journey towards reconciled relationships through the gospel. We are seeking to create a culture in which people are honoured, accepted and cared for, as they grow in reLationship with Jesus and one another. l am delighted to commend this report to you describing some of the work of the church during this last year, With kind re ards, Phil Hop Elder, Chair of Trustees, Beacon Church 01
Beacon Church Annual Report Year Ended 31st March 2024 Objectives and Activities- mission, objectives and aims: Beacon Mission Beacon is a diverse church, gathering peopLe from alL groups of society and from aLL over south central London. We are involved with a number of initiatives including.. Christia s Against Poverty. which we run in conjunction with the Beacon CAP Partnership, Lambeth partnership of Foodbanks and Orchards la charity supporting women have been subject to sexual exploitation) Our mission as a church revoLves around three key themes. A Centre of Grace A grace-fiLLed church where people encounter Jesus, find hope, healing, purpose and join in the mission of restoration in their community. (Isaiah 61.'1-41 A Church Family A bible believing, spirit-filled community, on a journey towards reconciled reLationships through the gospel. We are seeking to create a culture in which peopLe are honoured, accepted and cared for, as they grow in reLationship with Jesus and one another. IEphesians 2.11-221 A Resource Church Sharing what we have received through resourcing, encouraging and supporting the wider church, (Acts 16,9-10)
Beacon Church Annual Report Year Ended 31st March 2024 Objectives and Activities- significant activities during the period include., Being a Centre of Grace in the heart of the community We are a grace-filLed church where peopLe encounter Jesus; find hope, heaLing, purpose; and join in the mission of restoration in their community. This is the heart of our ministry at Beacon, where we believe in embodying the love of Christ through a range of transformative ministries aimed at growing disciples in the church and making a positive impact in our community. Below you WILL find a brief description of some of the ministries we are involved in. Christians Againts Poverty Orchards
Beacon Church Annual Report Year Ended 31st March 2024 A Centre of Grace Public benefit We believe that we have been calLed to be a resource church., a Church that shares what we receive through the resourcing, encouraging and supporting of the local community and the wider church, SCAN HERE Orchards Orchards is a Christian charity working to see women free from sexuaL exploitation and empowered for flourishing, independent lives. Orchards was born out of the prayers of two friends and coLLeagues who had worked with women who have experienced prostitution or human trafficking, through outreach both on and off-street, one-lo-one support work and counseLling, Orchards are pioneering a model to respond effectively to the crucial, interlinking needs for safe, transitionaL housing, sustained therapeutic support, and access to empLoyabiLity training. Orchards colLaborate with a range of compLementary Charity. Church. and Business partners so they can best serve women with complex needs, primariLy through providing.. i) Transitional Safe Housing 2) Trauma CounseLling 3) Support work through job training placements and providing pastoral care For more info scan the QR code or visit.. www.orchardsuk.org
Beacon Church Annual Report Year Endcd 3isI March 2024 Achievement and Performance - key charitable activities include: Christians Against Poverty Christians Against Poverty is an award winning nationaL debt counselling charity that operates through a network of centres based in local churches. christians against poverty CAP offers a unique 'hands on, approach that involves visiting cLients in their homes and offering debt counseLLing, advice and practical help. This approach empowers people to help themselves out of poverty and to be released from the worry and fear that is often caused by overwhelming debt. Over the Last year CAP has seen some amazing transitions in peoples lives, seeing many cLients start the journey towards becoming debt free, seeing people in community gather to Learn about the importance of money management. and running job clubs where people can come and Learn practical advice and skiLIs around appLying forjobs. To find out more about the amazing work of CAP and the Beacon CAP Partnership follow the link beLow or scan the QR Code WVNI. beacon-church.org/cap ATO see
Beacon Church Annual Report Year Elided 31st March 2024 A Resource Church We believe that we have been caLLed to be a resource church - a Church that shares what we receive through the resourcing. encouraging and supporting of the wider church (Acts 16'.9-101. One of the main ways we do this is through a ministry called 'The Reconciled Church,. SCAN HERE The Reconciled Church One of our key resources for the broader church is 'The Reconciled Church., a community of believers advocating for reconciLiation within the Church- emphasising the urgent need for unity among ourselves and with God. This reconciliation extends beyond racial issues to various aspects of our lives. In the reconciled Church, we confront the historicaL and present oppression and injustice, addressing them at the cross where Jesus provides healing, peace, and forgiveness. This year the Reconciled Church has seen growing numbers of churches start to wrestle with the challenge of what it means to be a reconciLed church. There have been opportunities to spend time with churches across the uk, In addition over the year the ReconciLed Church have run retreats for ethnic minority Leaders to gather together and process their often shared experiences and through this to work towards healing, forgiveness and faith. For more info scan the QR code or visit.. w.trChurch.cO.uk staff & Volunteers Beacon Church empLoys a fulL-time pastor, a part-time Beacon CAP Partnership project Lead. a par-time Administrative and Finance Coordinator and two part-time Pastoral Assistants. In addition, Boacon uses the services of a contracted Bookkeeper and a Sunday caretaker. VoLunteers perform the rest of the church activities and are therefore critical to the continued operation of the church. The trustees wish to express their deep gratitude to all those who have given of their time and their resources during this period to heLp support and buiLd the church.
Beacon Church Annual Report Year Ended 31st March 2024 Achievement and Performance- key charitable activities include: A Church Family We have continued to see relationships grow in our church over the last year through our Sunday gatherings, mid week prayer and bible study, as we have lived together as a church community. We have seen our youth grow in numbers and faith through the regular youthwork and summer festival- 'Newday'. This is a family church where we continue to value our children and enjoy having them as part of our community. ¥T
Beacon Church Annual Report Year Ended 31st March 2024 A Church Family Sundays: The aim this year was to prioritise simplicity. keeping the BibLe and Jesus central during gatherings and devotionals, including 'free Sundays, for spontaneous moments with God. The first series, 'Heart of Mission.. focused on youth ministry. foLlowed by 'Lessons from the Prophets.. which highLighted Old Testament prophets Malachi and Haggai. These prophets encouraged trust in God during chaLLenging times, despite slow responses to prayers and promises. Devotional Wednesday: Over the past year we've continued to meet weekly to grow in our understanding of the bible. Our focLJS has been the book of Matthew through a short devotionaL and then breakout conversations and prayer. Kids & Crèche: We have a dedicated kids and crèche team. Each week the teaching foLLows the preaching series that the adult church are following. The team aLways aims to create a vibrant and welcoming environment for chiLdren to Learn about God's love and the teachings of Jesus through creative storyteLLing, fun activities and reLalionship buiLding. Youth This year. our youth group has grown in relationships and faith. highlighted by a fantastic five-day trip to 'Newday.' Worship sessions in the Big Top featured powerful movements of the Holy Spirit. Among our 34 youth (14 from Beacon and 20 from Jubilee Croydon). there were first-time commitments to foLLow Jesus and several recommitments. 'Newday aLLowed young people to immerse themselves in the kingdom's ways, and we are encouraged by their growth.
io Beacon Church Annual Report Year Ended 31st March 2024 FINANCIAL REVIEW As we reflect on the past year, it is with gratitude that we present our financial review. This report serves as a testament to the collective generosity of our church community. Through their generous contributions and active participation, we have not only maintained our operations but have also expanded our resources and ministries, furthering our mission statement. In the foLLowing pages, we wilL detail our financiaL review for the year ended March 2024 Principle Funding The church continues to be funded primarily through the reguLar tithing and donations of its members. All monies received are given for the general operational costs of the church and are therefore treated as unrestricted funds. The church also receives restricted funds from other sources specificalLy for its work with the Beacon CAP Partnership.
REGISTERED COMPANY NUMBER: 07237553 (England and Wales) REGIsfERED CHARrrY NUMBER: 1136435 REPORTOFTHE TREE5 AND UNAUDrrED FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 MARCH 2024 FOR BEACON CHURCH LONDON Andrew Cross & Co. Chartered Certified Accountants 6 Green Lane Business Park 238 Grn Lane New Eltham London SE9 3TL Page 11
BEACON CHURCH LONDON coKrENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees 13to14 Independent ExamIne$ Report 15 ststement of FInala1 Actlvltles 16 Balan Sheet 17to18 Notes to the Flnandal Statements 19to24 Page 12
BEACON CHURCH LONDON (REGIsfERED NUMBER: 07237553) FOR THE YEAR ENDED 31 MARCH 2024 The trustees who are also directors of the charity for the purpo of the Companies Act 2006, present their report with the financial statements of the tharity for the year ended 31 March 2024. The trust5 have adopted the provisions of Accounting and Reporting by (harities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). FINANCZAL REVIEW Reserves policy It is the policy of this church to hold general purpose unrestricted reserves to the equivalent of 34 months general running costs, to cover unforeseen emergencies and to allow for the ordered termination of staff contracts and wlnding down of church activities, We thls to be requlred. Reserves currently exceed this. Several potential initiatives have or are being considered that would further the charity's objectives and are likely to see a managed reduttion in the level of reserves over the next period. Going concern The accounts have b*n prepared the bass that Beacon Church is a going concem. There are no apparent reasons to believe that Beacon Church will not continue to operate over the foreseeable future. We continue to regular review the status and position of the church. FUTURE DEVELOPMENTS: The aims of the trustees include.. Continued spiritual and relational support and growth of both individual members and the community of believers; - Growth of the work of the church amongst the poor and socially disadvantaged within Brixton. Cultivating an increased 'presence' within the Brixton area, including links with other churches and other existing community based activities; Navigats'ng a continuing period of transition, including staff, volunteer and congregational changes; Continuing to build and establish the work of the church in the local area and to explore future development and expansion of this work, both locally and beyond. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited companyi limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTIiATIVE DEfAILS Registered Company Trumber 07237553 (England and Wales) Registered Charity number 1136435 Registered office Caretakers House Clapham Park Centre New Park Road London SW2 4JP Trustees O P Hylt( P G HopgcM)d N Ngene Ms R Robertson Ms S J Rudd (appointed 11.1.2024) Page13
BEACON CHURCH LONDON (REGISTERED NUMBER: 07237553) KEP.OJlIyE_TRV.s[EEs FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINIsfRATIVE DEfAILS Independent Examiner Andrew Cross & Co. Chartered Certified Accountsnts 6 Green Lane Business Park 238 Green Lane New Eltham London SE9 3TL Approved by order of the board of trustees on 12 Dernber 2024 and signed on its behalf by: P G Hopgcx)d - Trustee Page 14
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF BEACQ.N_CHURC.H LQNDQN Independent examiner's report to the trustees of Beacon Church London ('the Companv,) I rerM)rt to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Att 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Settion 145(5) (b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confimi that no rnatte have come to my attention in connettion with the examination giving me cause to believe.. accounting cordS were not kept in respett of the Company as required by Section 386 of the 2006 the accounts do not accord with those records. or the accounts do not comply with the accountrng requirements of Sertion 396 of the 2006 Act 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. or the accounts have not been preparéd in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reFX)rting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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 understsnding of the accounts to be reached. Charlotte Cross FCCA BSC IMA Andw Cross & Co. Chartered Certified Accountsnts 6 Green lane Business Park 238 Green Lane New Eltham London SE9 3TL 12 December 2024 Page 15
BEACON CHURCH LONDON FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestricted Restricted fund funds Notes INCOME AND ENDOWMENfs FROM Donations and legacies 187,849 17,143 204,992 178,284 EXPENDrnJRE ON Charitable aLtivities Charity 161,595 13,039 174,634 172,474 NEf INCOME 26,254 4,104 30,358 5,810 RECONCILIATION OF FUNDS Total funds brought fOrard 101,460 3,914 105,374 99,564 TOTAL FUNDS CARRIED FORWARD 127,714 8,018 135,732 105,374 The notes fomi part of these financial statements Page 16
BEACON CHURCH LONDON (REGIsfERED NUMBER: Q7237553) BALANCE SHEEI 31 MARCH 2024 2024 Total funds 2023 Totsl funds Unrestricted Restricted fund funds Notes FIXED ASSETS Tangible assets 3,465 3,465 5,259 CURRENT ASSErs Debtors Cash at bank io 33,938 92,090 33,938 100,108 41,425 60,539 8,018 126,028 8,018 134,046 101,964 CREDrroRS Amounts falling due within one year 11 (1,779) (1,779) (1,849) NEf CURRENT ASSErs 124,249 8,018 132,267 100,115 TOTAL ASSETS LESS CURRENT UABILrriES 127,714 8,018 135,732 105,374 NET ASSErs 127,714 8,018 135,732 105,374 FUNDS Unrestricted funds Restricted funds 12 127,714 8,018 101,460 3,914 TOTAL FUNDS 135,732 105,374 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Settions 386 and 387 of the Companies Act 2006 and (b) preparing financial Statements which give a true and fair view of the stste of affairs of the charitsble company as at the end of each financial year and of its surplus or defiat for each finanoal year in accordan with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitsble company. The notes fomi part of these financial statements Pa9e 17 continued...
BEACON CHURCH LONDON (REGISTERED NUMBER: 07237553) RALANCE SHEET-.continuesl 31 MARCH 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2024 and were signed on ts behalf by: P G Hopgood - Trustee The notes fom part of these financlal statements Page 18
BEACON CHURCH LONDON FOR THE YEAR ENDED 31 MARCH 2024 AccouKfING POLICIES Basis of preparlng the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Rerorting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Rewrting Stsndard applicable in the UK and Republic of Ireland, and the Companles Act 2006. The finanoal statements have bn prepared under the historical cost convention. Income AFI income is recc3nised in the statment of Financlal ActNities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendire abllities are recognised as expenditure as soon as there Is a legal or construttive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has b&n classified under headings that aggregate all cost lated to the oitegory. Where costs cannot be diredly attrfbuted to particular headings they have been allocated to activlties on a basis consistent with the use of resources. Taxation The charity is exempt from corFY)fdtion tax on its charitsble activits'es. Fund accountlng Unrestricted funds can be used in accordance with the charitsble objectives at the dlscretlon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpo of each fund is Included in the notes to the financial statements. DONATIONS AND LEGACIES 2024 2023 Donations 204.992 178,284 continued... Page 19
BEACON CHURCH LONDON O_TE.S..TQ_T.HE F.INANCIAL.STAT_EMENTS - conts'nuod FOR THE YEAR ENDED 31 MARCH 2024 CHARrrABLE ACllVITIES COSTS Support costs (see note 4) Direct Totals Charity 50,999 123,635 174,634 SUPPORT cosrs Goveman Management Finance Totsls Charity 114,220 1,795 7,620 123,635 NEfiNCOMEI{EXPENDrnIRE) Net 1ncomel(expenditu) is stated after chargingl(creditJng): 2024 2023 Depreciation - owned assets 1,794 2,136 TRusfEES' REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Mr O Hylton, a twstee of the tharity and also a director of the companyi was remunerated as an employee of the company in the period urKler review. This is permitted under the charty's constitution which has been approved by the Charrfcies Commission in England and Wales. There was no tru5tees' remuneration or other benefits in the period to 31 March 2024. There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. srAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 98,999 3,433 5,498 94,684 3,279 5,249 107,930 103,212 The average monthly number of employees during the year was as follows: 2024 2023 Working on direct tharitable acbvities Administration & Support staff continued... Page 20
BEACON CHURCH LONDON FOR THE YEAR ENDED 31 MARCH 2024 srAFF cosrs - contlnued No empk)yees received emoluments in excess of £60,000. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcrIvrrIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMEKfs FROM Dorkltions and legacies 155,536 22,748 178,284 EXPENDrruRE ON Charitable activities Charity 153,059 19,415 172,474 NEf INCOME 2,477 3,333 5,810 RECONCILIATION OF FUNDS Totsl funds brought forward 98,983 581 99,564 TOTAL FUNDS CARRIED FORWARD 101,460 3,914 105,374 TANGIBLE FIXED ASSErs Fixtures and fittlngs Computer equipment Totals COST At l April 2023 and 31 March 2024 3,326 7,610 10,936 DEPRECIATION At l April 2023 Charge for year 686 665 4,991 1,129 5,677 1,794 At 31 March 2024 1,351 6,120 7,471 NEf BOOK VALUE At 31 March 2024 1,975 1,490 3,465 At 31 March 2023 2,640 2,619 5,259 continued... Page 21
BEACON CHURCH LONDON IIO_TE&TQTH.E_FI.NANCIAL.STA.T.E.MENTS - ¢o.ntlnuod FOR THE YEAR ENDED 31 MARCH 2024 10. DEBTORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR 2024 2023 Other debtors Prepayments 33,782 156 40,932 493 33,938 41,425 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other credltors Accrued expenses 362 1,487 1,779 1,779 1,849 12. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestrfrted funds General fund 101,460 26,254 127,714 Restrfcted funds Beacon Cap Partnership 3,914 4,104 8,018 TOTAL FUNDS 105,374 30,358 135,732 Net movement in funds, included in the above are as follows; Incoming resources ReurCeS expended Movement In funds Unrestrfcted funds General fund 187,849 (161,595) 26,254 Restricted funds Beacon Gip Partnership 17,143 (13,039) 4,104 TOTAL FUNDS 204,992 (174,634) 30,358 continued... Page 22
BEACON CHURCH LONDON FOR THE YEAR ENDED 31 MARCH 2024 11 MOVEMEKf IN FUNDS- continued Comparatlves for movement In funds Net movement in funds At 31.3.23 At 1.4.22 Unrestrlcted funds General fund 98,983 2,477 101,460 Restricted funds Beacon Cap Partnership 581 3,333 3,914 TOTAL FUNDS 99,564 5,810 105,374 Comparative net movement in furKls, included in the above are a5 ft)Ilows: Incomlng resources Reur$ expended Movement in funds Unrestricted funds General fund 155,536 (153,059) 2,477 Restrlcted funds Beacon Cap Partnership 22,748 (19,415) 3,333 TOTAL FUNDS 178,284 (172,474) 5,810 A current year 12 months and prlor year 12 months combined position is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General fund 98,983 28,731 127,714 Restrfcted funds Beacon Cap Partnership 581 7,437 8,018 TOTAL FUNDS 99,564 36,168 135,732 continued... Page 23
BEACON CHURCH LONDON NQ..TES..TQ THE.FINANCAAL.5TAT.Em.EN_TSO.D¢IUed FOR THE YEAR ENDED 31 MARCH 2024 IZ MOVEMEpif IN FUNDS. continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Reur expended Movement in funds Unr£rtrlcted funds General fund 343,385 (314,654) 28,731 Restrirted fvnds Beacon Cap Partnership 39,891 (32,454) 7,437 TOTAL FUNDS 383,276 (347,108) 36,168 13. RELATED PARTY DISCLOSURES There We no related party transactions for the year ended 31 March 2024. Page 24
Beacon Church Annual Report Year Ended 31st March 2024 51-. Thank you for reading this report. We hope you found it encouraging. If you would like to learn more about the church or to visit us please use the information below to find out more, Thank you for taking the time to read through this document about all that God is doing in and through our church famiLy. CLapham Park Centre, Kingswood Road, SW2 4JP www.beacon-church.org