THE HAMpsfEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 1141258) Annual report & accounts For the period from I, January 2024 to 31" December 2024 TRUSTEE5 REPORT PAGE 2-4 EXAMINERS REPORT PAGE 5 RELEIPTS & PAYMENTS PAGE 6 STATEMENTS OF ASSETS & LIABILITIES PAGE 7 TRUSTEES. SIGNATURES PAGE 7 NOTES TO THE ACCOUNTS PAGE8-9
THE HAMPSTEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 1141258) Annual report & accounts st For the period from I, January 2024 to 31 December 2024 REPORT OF THE TRUSTEES The Elders. acting as Trustees, are pleased to present their annual Trustees Report together with the financial statement5 of the Church for the year ending 31, December 2024. The financial statements comply with the Charities Act 2011 and in accordance with its section 133111 show Receipts and Payments account5 for the year as well a5 a Statement of Assets and Liabilities at the year end. Objectlves and Artlvltie5 The purposes of the Church as defined in it5 constitution are: l. The advancement of the Christian faith according to non-conformist principles; 2. To seek to advance education and to carry out other charitable objectives in the United Kingdom and in other parts of the world. When planning activities, the Elders have considered the Charity Commission guidance on public benefit, particularly the specific guidance on charities for the advancement of religion. In furtherance of the first objective the Church provided opportunities for public worship every Sunday of the year and additionally on special occasions as required by the Christian calendar. Sunday morning services remain live Streamed, allowing people in other places to Participate as well as the congregation in the Church building, and evening services for contemporary worship take place at 6.30pm on the third Sunday of every month. The Church re501ved in general meeting during the year to install screens in the church as an aid to worship, a project that was approaching completion at the year end. During the year the congregation began to undertake a Church Life Review, with the PL2rpose of formulating a vision and action plan for the future of the Church. The Church was available for baptlsms, weddings and funera15 to anyone whom the Minister considered was making a genuine request for such services. Hampstead Garden Suburb Free Church is committed to encouraging its members to represent, individually, the intention5 of the Church in the particular contribution they make not only to the immediate community, but also through paid or voluntary activity to the wider community. In furtherance of the second objective during the year, the Church provided opportunitie5 for all to consider together important social issues and moral dilemmas in terms not only of Christian theologians, but also secular theorists, through discussion groups covering an established programme ol study. These discussion groups offered an opportunity for spiritual. moral and intellectual development. Online meetings for Christian Meditation were also held, to encourage times of quiet and prayerful reflection.
THE HAMPSTEAD GARDEN SUBURB FREE CHURCH (Reglstered Charlty Number 1141258) Annual report & accounts For the perlod from I, January 2024 to 31, December 2024 REPORT OF THE TRUSTEES (continued) Though challenged by the small number of children, the Church continued to run Church of Youth during Sunday morning worshlp, and to operate a Toddler Group on Wednesday morning5 durin8 term time. The Church was glad to continue to help facilitate the work of the Wycliffe organisation throu8h its financial support of a Bible translator. It has also raised money for Water Aid. The Church has continued to focus on mental health and maintains a relationship with the Denni5 Scott Unit of Edgware Hospital. At Easter and Christmas, and at the time of the Wimbledon tournament, gifts are provided for the patients in the Unit. The Church has continued to focus on the poor and homeless, and has facilitated giving to a local food bank. The Church continues to support the work of Homeless Action in Barnet, and hosts a night shelter one night a week during the coldest months of the year. The Church continues to run the West End Café at the back of the church, as a Saturdav coffee morning attended by members of the church family and of the local communitv. Achievements and Performance The Church remained an active participant in the lives of its members, ensuring that people are supported and cared for. It has also been a contributor to the wider community in a variety of activities. Financial Review Regular donations showed an increase on 2023, and Gift Day donations were 42% up. Revonue from the use of the hall and church, bazaar and other sales increased by 38%. Overall there was a surplus on unrestricted funds of £62.000. There will be immodiate calls on that surplus. The Elder5 commissioned a Quinquennial Review in 2024, and this highlighted a number of remedial works required to the fabric of the buildings. Reserves Policy The Church'5 policy is to maintain a balance on unrestricted reserves of at least nine months, unrestricted operating expenditure (say £138,000) to cover the demands which.are likely to arise. The Trustoes regularly monitor the level of reserves and are required to keep the reserves policy under review.
THE HAMPSTEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 1141258) Annual report & account5 For the period from I, January 2024 to 31, December 2024 REPORT OF THE TRUSTEES Icontinuedl Structure, Governance and Management The Church is an unincorporated association. The structure and functions of the Church institutions responsible for its governance and management are described in its constitution. The institutions concerned are Ministry, Elders Court, Deacons Court and the Church Meeting of members. Elders are elected for 3 year terms and act as the Church Trustees, with certain areas of governance reserved for the decision of the Church Meeting. Under the leadership of the Minister Elders are responsible for the Church's overall management. On occasion, Elders as Tru5tee5 meet to discuss trustee matter5. Particular matters concerned with the upkeep arsd refurbishment of Church properties are delegated by the Elders to the Deacons Court and to a Buildings Committee. Under the chairmanship of the Minister, cach Court is due to meet regularly throughout the year. On occasion they will meet jointly when matters under discussion make that appropriate. Ordinary Church Members Meetings are convened quarterly throughout the year. When issues arise which require more Smmediate Church Meeting consideration and decision Extraordinary Meetings may be called in accordance with the provisions laid down in the constitution. Reference and administrative details Address.. Central Square, Hampstead Garden Suburb, London NWII 7AG Trustees: Joseph Fryer Julia Fryer Rev Aled Joiies Muna Levan-Harris Carole Lindfield Ito 11 June 20241 Josephine Morris Richard Orme Lorna Page Mary Stacy Penny Trafford
ThE HAMPSTEAO GARDEN SUBUR8 FREE CHURCH {Regi5tered alIty Number 1141258) Amual report & accounts For the period from l January 2024 to 31 L)ecembef 2024 IndepeThlent Exarninerfs Rem to the Trustee5 of the Hampstead Garden Suburb Free Church {the'tharity') I report to the chafity Trustees ¢)n my examlnation of the accounts of the charity for the year ended 31 December 2024. Responsibililies and Basi8 of Report Trttee$. rn8ponsibilities As the TNstees of the charity you are spOnsIble for the preparation of the accounts in accordance with the requirements of the Charitie5 Act 20111.the 2011 Act'l. Independent Examlner's re4)on51bllltles 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 ENen by the Charsty Commission under section 14515llbl of the 2011 Art. Independent Examiner's Statement I have completed myex3mination. I can confim that no matters have come to my attention in connection ¥vith the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Art,. 2. tt)e accovnts ck) accord with those records. 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. Dated.. Andrew Thomas ACA Nyman Libson Paul LLP artered Accountants 124 Finchley Road London NW3 5JS Oate- l May 202S
)d fr(¥n I"JoKwy 2024 to 31" De(embef 2024 12i574 1337 247Jn -7YJ -7*1 74Xi 441 $3229 37.1145 31958 lJ6317 7J33 4341 97 la3J33 5.177 -La7 61J 31.170 42231 73.401 1392 91.8 1255. 93J34 31.170
THE HAMPSTEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 11412581 Annual report & accounts For the period from I" January 2024 to 31" December 2024 SÈCTION B STATlE OFASSEfsAND LIA8ILmES PU4315T DEclBER Unrestricted Restri¢ed funds fund5 Note5 2024Total Z023 Total Bl Cash funds Bank d8posIts Fund ¢iepos1ts Total cash fund 91.B22 57 1.255 93.077 57 3L,ISS 91,879 1,255 93.134 31.170 B2 Othermonetary a$5ets HbThlCI&ft Pidl Total Other monetary assets 10.610 10.670 10.670 10.670 10,670 10.610 B3 Investment assets COIF Chandes IngIent Fund COIF Charities Global EquityFun QIF Chanbes Fiy£d Inieresl Fund Total investment assets 3.805 185.737 57.087 16.374 10,179 185.737 57.087 19.021 171.866 53.853 246.629 16.374 263.QOI 244.740 B4 Asset5 retsined for chariws own use Tre church building in Central Squaie. Ihe Mtsnse In Cèntr81 Squar8 and Iht Halls Complex in Northway8re hèld on trust byth8 London Bapb5t Property8oar(i lor purpo$85 connecled wilh th? F¢ampslgad Garden Suburb Free Churd) 85 Liabilities Council lax Sun¢ryaccrvals Designated collectson5 1.332 L.172 269 269 3.353 4.68$ 1.441 1.441 Toial Assets less Iiabilitses 347,737 17.62B 36S,364 2ei.835 Totsl ReseNes 17.618 365.364 281.835 The accounts have been approved by the Trustee Meeting on 12 February 2025 and signed on its behalf by 347.737 1st Trustee........ Namelposition....... .. 2nd Trustee,......... Namelposition....
THE HAMPSTEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 11412581 Annual report & accounts For the perlod from l January 2024 to 31st December 2024 NOTE I The Hampstsad G•en Subufb Free chUh lulfill the criloria 018 $m811 Ch8rttyacrdlng to the Charitie8 1993 Seeb'ofi 42131. Th• accounts ha been prepared on a $h ba815. NOTE 2 Unrestrlcted RestrSrted fund5 funds 2024Total 2023 Totsl Income from donatlons EnloFeS. c&S And slandlng derS Gift day Open P181• 50,355 9,?35 7,301 67,391 1,496 58.BSI 9,73S 7,301 68.81? 46.519 6.850 10.069 1.496 63.438 NOTE 3 Other tradln9 acllvllle• Use of hall Use ol church Bazaar and other sales 106,7SS S9,BS5 6.819 173.439 106,7SS 59.8S5 YB,60S 41.790 6.829 173.439 5,179 125,S74 NOTE 4 InveJlrn?nts Dimdends knleresl 104 441 54S S22 248 104 441 S4S 770 NOTE 5 Mlnlsty and mlslon Minister Ministeffs expenses Baptist pension scherne Minlstry and Mission Administration Organisl and musicians 36.9J9 1,401 9.777 ,134 36.851 36,919 1,401 19,742 6.294 9,777 ,574 36.851 441 8.45È 26.225 2.510 63.229 2.760 95.842 2,760 96,283 441 NOTE 6 Chvrch Co¥ He3tinglknghting Maintenance Owanlpano maintenance surance 14,061 5.042 14.061 S.842 3.271 16.768 7.973 2.829 9.515 37,D85 11.426 34,60D 11.428 34,600
THE HAMpsfEAD GARDEN SUBURB FREE CHURCH (Registered Charity Number 11412581 Annual report & accounts For the period from IA January 2024 to 31st December 2024 NOTE 7 Unrethcted Re$tted funds funds H•ll Co 24724Totsl 2023Totsl H1 He•lnglLlqhlrbgW#r Kkninnonc4lqen•rnl Iior r•p•irn 14.063 lQ,587 6.708 14.663 10,587 6.?08 31.958 12,B86 18,360 31.001 M•n•• co Roubn• aists r•lurt>lshm•nt 3.848 3,848 3.748 132.S69 136.317 3,848 Mth•m•nt)n •trIci•d FuDd• 0110112024 Infiow Ouffiow 31M212024 Night Shelter Proj•cl O•finis Scott UDIt 397 869 200 566 766 33 744 564 691 l.Z55 1.266 777 Collecbons w¢re BI#0 tsken In the ar lor¢JeJignat•d ch8ritse$, •• follow8 Teathjnd W•knr 136 262 2,029 NOTE 10 Hlrsch legacy The £16,374 Restricted Funds shown al 83 are a legacy held in trust lo apply the income towards overseas missionary worft until 29 Juty 2041. After that the caprtal may be used for the church's general purposes.