Haddon Hall Baptist Church
Report and Accounts Year ended 31 August 2024
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
HADDON HALL BAPTIST CHURCH
LEGAL AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 AUGUST 2024
ADDRESS FOR CORRESPONDENCE 22 Tower Bridge Road London SE1 4TR GOVERNING DOCUMENT Constitution adopted May 2010, as amended February 2024 CHARITY REGISTRATION NUMBER 1137267 TRUSTEES RESPONSIBLE FOR Jeremy Brooks-Martin (appointed Nov 2024) MANAGING THE CHARITY Sarah Brooks-Martin (appointed Nov 2022) Jeremy Estop (appointed Nov 2023) Joanna Estop (resigned Nov 2023) Sijeong Lim (appointed Nov 2023) Karen Metcalf Philip Metcalf (resigned March 2024) Anna Loiuse Parsons (appointed Nov 2024) CUSTODIAN TRUSTEE London Baptist Property Board BANKERS Barclays Bank PLC INDEPENDENT EXAMINER Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal and Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8-9 Notes to the Accounts
Page 1
HADDON HALL BAPTIST CHURCH
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 August 2024.
Objects of the charity
The charity, which is a church, is governed by a trust deed and is constituted as a trust. Haddon Hall’s Vision is that we want to see lives changed by Jesus' Power and Love, and our Mission is to be:
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Building communities of people who are learning to be every day followers of Jesus.
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Catching God's passion for our local area and beyond.
Review of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
This year has brought some unexpected changes. One of the Part-time Ministers, dropped to two days a week from December 2023 but then in January announced they would retire on Easter Sunday, 2024. It was agreed that the other Part-time Minister would continue in post.
The structure for running the church remained largely the same as last year with teams meeting to cover the following areas: Life groups, buildings, gatherings, eco church, finance, prayer, safeguarding, tower tots, children, youth, hospitality, worship and AV. A new welcome team was also added. In all our activities, we have borne our mission statement in mind: “Lives changed by Jesus’ power and love.”
At the November AGM (2023), one Trustee came to the end of their term on the Leadership team (LT) and two new trustees began a new term of office. We had five members’ meetings during the year.
In September the new pocket park was officially opened and the central mosaic was based around Psalm 23, The Lord is my shepherd.
Our annual Gift Day raised £7,410 (including Gift Aid) and the money was distributed to various local, national and international charities suggested by Members.
In December 2023 we had the privilege of baptising three people. The joint churches youth event called R1 continued throughout the year of which Haddon youth and volunteers attended. We continued offering opportunities for others to join in with our community by running another Advent evening of music and crafts, which many people attended. We held an informal invitational all-age Christmas gathering and offered carols and mince pies out on Tower Bridge Road on Christmas Eve. During the winter months many joined in with St Mary’s Church by offering hospitality to overnight guests who struggle with homelessness, through Robes.
We began 2024 with a prayer walk around our local area, continuing work in a local primary school (which continues year-round), and other community activities. There have been prayer and worship evenings and our life groups met to study the book of Romans. We opened our 'warm space' to the community on Wednesdays, for free hot drinks, pastries and soup, as well as a games space for a few asylum seekers. In April, when the Part-time Minister retired his place on the leadership team was taken by two members, who were co-opted to serve until the AGM in November 2024. We welcomed three new Members.
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Over the year our themes during the gatherings covered a study of Romans, exploring the fruit of the Spirit, thinking about what it means to be a member of Haddon and, during the summer we had a number of visiting speakers as we explored people in the Bible and others, we know who have said, ’Here I Am’ to God as he has called them. During the summer break we picnicked together.
Sadly, three faithful long-serving members died during the year and their funerals were held at the church. All three services were very special and we were able to remember their lives with gratitude and thankfulness to God.
We celebrated Easter together with a joint churches Good Friday gathering in the Blue. Easter Sunday was at Haddon with an intergenerational celebration. A number of visitors, including a group of Korean intercessors and a 50 strong group of Latvian young people working alongside half a dozen local churches to do outreach came.
Over the summer many people attended different Christian camps. Some of the youth went to a WEC camp and then a large group of almost 40 adults, children and young people, set off for the Wildfires Festival. These camps have had a huge impact on people’s faith and a number became Christians.
In planning activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission.
Looking to the Future
At the AGM in November it was agreed, by Members, that Haddon Hall would seek to employ a new member of staff, to be advertised as a ‘Mission & Discipleship Project Lead’ to start in Spring 2025.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than six months of unrestricted expenditure (which normally would be £60,000, but this year equated to approximately £90,000) so that the charity could continue to operate should income and / or expenditure vary adversely. The charity is aiming to comply with the policy over the coming year by carefully monitoring the balance of its expenditure and income.
Governance
Responsibility for setting policy and for making operating decisions rest with the trustees who meet to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to the Leadership Team who meet regularly to review the strategy, activities and finances of the church, and report annually to the membership of the church. New trustees are proposed by the existing trustees, and then appointment agreed by the members of the church by a two-thirds majority vote.
The structure for running the church remained largely the same as last year with teams meeting either in person or online to cover the following areas: Lifegroups, Buildings, Gatherings, Eco Church, Finance, Prayer, Safeguarding, Tower Tots, Children, Youth, Hospitality, Worship and Technical. The leadership team (LT) continued to meet fortnightly.
In the AGM, one trustee came to the end of their term and two new trustees began a new term of office.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
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We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
Jeremy Estop Jeremy Estop (Feb 21, 2025 15:13 GMT)
____ Jeremy Estop
Feb 21, 2025 Date:_____
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
HADDON HALL BAPTIST CHURCH
I report to the trustees on my examination of the accounts of Haddon Hall Baptist Church ('the charity') for the year ended 31 August 2024 on pages 6-9 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
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 giving me cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the 2011 Act; or
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the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sarah Crispin
Sarah Crispin (Feb 25, 2025 12:38 GMT)
Sarah Crispin ACA
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: Feb 25, 2025
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HADDON HALL BAPTIST CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2024
| Unrestricted | Funds | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Total | Total | |||||||
| Funds | Funds | Funds | 2024 | 2023 | |||||||
| Notes | £ | £ | £ | £ | £ | ||||||
| Income receipts | |||||||||||
| Donations | 57,472 | - | 9,210 | 66,682 | 96,119 | ||||||
| Gift aid receipts | 13,289 | - | 3,725 | 17,014 | 13,815 | ||||||
| Rental income | 62,818 | - | - | 62,818 | 49,871 | ||||||
| Income from charitable activities | 1,335 | - | - | 1,335 | 2,072 | ||||||
| Investment income | 2,235 | - | - | 2,235 | 1,643 | ||||||
| Other | - | - | - | - | 1,159 | ||||||
| Total receipts | 137,149 | - | 12,935 | 150,084 | 164,680 | ||||||
| Payments | |||||||||||
| Payments in relation to activities undertaken directly |
charitable | 2 | 94,694 | - | 1,915 | 96,609 | 157,613 | ||||
| Grants paid in relation to activities undertaken by others |
charitable | 3 | 8,880 | - | 11,564 | 20,444 | 24,233 | ||||
| Total payments | 103,574 | - | 13,479 | 117,054 | 181,845 | ||||||
| Net of receipts / transfers |
(payments) | before | 33,575 | - | (544) | 33,030 | (17,165) | ||||
| Transfers between funds | 5 | (100) | - | 100 | - | - | |||||
| Net movement in funds | 33,475 | - | (444) | 33,030 | (17,165) | ||||||
| Cash funds as at last | year | end | 64,008 | - | 1,879 | 65,887 | 83,052 | ||||
| Cash funds at this year end | A | 97,483 | - | 1,434 | 98,917 | 65,887 |
The notes on pages 8 - 9 form part of these accounts.
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HADDON HALL BAPTIST CHURCH
STATEMENT OF ASSETS AND LIABILITIES
AS AT THE YEAR ENDED 31 AUGUST 2024
| A Cash funds Current account Notice deposits Petty cash B Other monetary assets Gift aid due to charity Gift aid GASDS Other debtors C Liabilities Falling due within one year: Fee for Independent Examination Accrued expenses and creditors Falling due after one year: Baptist Union loan Total |
General Designated funds funds £ £ 42,629 - 54,584 - 270 - 97,483 - 5,854 - 172 1,655 - 7,680 - 1,440 - 2,571 - 4,011 - 10,000 - 10,000 - 14,011 - Unrestricted Funds |
Restricted funds £ 1,434 - - 1,434 - - - - - - - - - |
Total 2024 £ 44,063 54,584 270 98,917 5,854 1,655 7,508 1,440 2,571 4,011 10,000 10,000 14,011 |
Total 2023 £ |
|---|---|---|---|---|
| 13,440 52,349 97 |
||||
| 65,887 | ||||
| 10,330 2,949 |
||||
| 13,279 | ||||
| 1,350 858 |
||||
| 2,208 10,000 |
||||
| 10,000 | ||||
| 12,208 |
The Baptist Union £10,000 loan is an interest free loan which is repayable if the manse is sold.
| D Assets retained for charity's own use Freehold building Manse [leasehold] Contents and equipment |
Purchase cost £ 65,000 65,000 |
Value 2024 £ 2,947,207 102,257 3,049,464 |
Value 2023 £ |
|---|---|---|---|
| 2,728,895 102,257 |
|||
| 2,831,152 |
The church building (including flat) freeholds are held by the London Baptist Property Board as custodian trustee. The Manse is a leasehold property and is shown at purchase cost.
The trustees have used insurance values for the other assets as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The accounts were approved by the trustees and signed on their behalf
by Jeremy Estop (Feb 21, 2025 15:13 GMT) ____ Jeremy Estop date _____ Feb 21, 2025 Jeremy Estop
The notes on pages 8 - 9 form part of these accounts.
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HADDON HALL BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Salaries and staff costs Note 4 Church property, equipment and maintenance Church improvements Church Utilities Manse and flat expenses Note 4 Insurance Ministry activities Youth and children's work Church office, admin and support Legal and professional fees 3 Grants and gifts paid to others Organisations: Wycliffe Bible Translation Salmon Outreach WEC Eternal Life, Ghana The Point Orphanage - Bethesda Children Organisations > £1,001 Individuals Mission Trip |
Unrestrict | Designated funds £ - - - - - - - - - - - - - - - - - - - - - ed Funds |
Restricted Funds £ - - 1,915 - - - - - - - 1,915 - 2,225 3,750 1,625 1,780 1,780 - 404 - 11,564 |
Total 2024 £ 45,781 16,887 1,915 10,996 7,979 2,949 6,655 541 919 1,988 96,609 1,100 2,825 5,790 1,625 1,780 1,780 2,200 3,344 - 20,444 |
Total 2023 £ |
|
|---|---|---|---|---|---|---|
| General funds £ 45,781 16,887 - 10,996 7,979 2,949 6,655 541 919 1,988 94,694 1,100 600 2,040 - - - 2,200 2,940 - 8,880 |
||||||
| 51,833 28,638 55,189 - 9,482 2,752 4,968 1,074 2,418 1,260 |
||||||
| 157,613 | ||||||
| 2,900 - - - - - 2,100 18,892 340 |
||||||
| 24,233 |
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HADDON HALL BAPTIST CHURCH
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
4 Transactions with related parties
Karen and Philip Metcalf served as church leaders and were paid £18,901 [2023: 15,379] and £8,536 [2023: £15,335] respectively for serving in that capacity, not for serving as trustees; these payments are permitted by the charity's governing document.
In addition the charity incurred expenditure totalling £7,950 [2023: £8,539] in respect of the provision of accommodation (which is customary for ministers) to Philip and Karen Metcalf, who are trustees, so that they could better perform their duties.
No payments were made to any other trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
| 5 Movement of funds General funds (inc petty cash) Restricted funds Eco-church project Missionary support (WEC) Gift Days Student Chaplaincy Other Total funds |
Opening balance £ 64,008 - 64,008 2,681 (2,050) (100) 953 394 1,879 65,887 |
Receipts £ 137,149 - 137,149 500 5,050 7,385 - - 12,935 150,084 |
Payments £ (103,574) - (103,574) (1,915) (3,750) (7,410) (10) (394) (13,479) (117,054) |
Transfers £ (100) - (100) - - 100 - - 100 - |
Closing balance £ |
|---|---|---|---|---|---|
| 97,483 - |
|||||
| 97,483 | |||||
| 1,266 (750) (25) 943 - |
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| 1,434 | |||||
| 98,917 |
The Eco-church project is funding a ‘pocket park’ and community eco-awareness.
The missionary support relates to the WEC project which works with local churches to provide practical, emotional and spiritual support to asylum seekers, refugees and other local migrant communities. The negative balance relates to the expected gift aid added to the grant paid out but which has not yet been recovered.
Gift Day - this was an appeal for funds for charities supported by the church which meet our charitable objectives.
Student Chaplaincy ('Fusion') work is aimed as outreach to local students to help them find hope in Jesus and home in the local church. Other restricted funds relate to appeals during the year and the balance is expected to be paid out in the following year.
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