METROPOLITAN TABERNACLE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023
Ragistorèd Charlty Numb•r 1151218
Contents:
1-4 Elders and Deacons, Report
5-7 Auditors. Report
Statement of Financial Activities
Balan￿ Sheet
10
Statement of Cash Flows
11-16 Notes to the Accounts

METROPOLITAN TABERNACLE
(1)
Report of the Elders and Deacons for the Year Ended 31 December 2023
Thè Elders and Dèacons here provide their report and the audited finan¢i81 ststements of the Tabemacle for the year
ended 310ecember 2023.
Reference and Administrative Detail$, Trustees and Advisers
The Metropolitan Tab8m8cle Ifomerty an Excepted Charity) has been a UK Registered Charity Since March 2013 -
Registered Charity Numbèr 1151218. The full address of 1he charity is-. Metropolitan Tabemacle, Elephant & Castle,
London, SE1 6SD. The custodial Trustee of the Metropolitan Tabemacle propetty is thg London Baplist Prvperty
Board. However, for the purpose of thes8 accounts the Trustees of the Tabemacle comprise the members of its
Elders and Dea￿n$ Court. Tha Eld8rs and Deacons duriThJ the year were as follows..
Pastor l Ag Mohamed
Mr R J D Compston
Mr C C Cooper
Mr E M Georgè8
Mr S Ingram
MrAJ Laws
MrCMLaws
Dr P M Masters Iministorl
Mro O Odumals
Mr A M Onojobl
MrACWOwan
Mr A O Oyenubi
MrDAESmith
Mr P C Tunstell
Mr M A Whyte
Dr D L A Wyncoll
The Tabernacle's bankers arg.. Lloyijs Ba￿ plc, 25 Camb8rwell Green, London, SE5 7AB.
The Tabernacle's auditors are.. Jacob Cavenagh & Ske&L 5 Robin Hood Lane, Sutton, Surrey, SM12SW.
Stru¢ture and Governance
The Tabemacle is an indtrpondenl Partlcular Bapllst Church. foL￿ded in 1650, now constilLJted by its L￿al
Constitution of 2()12, based on the 1689 Baptist Confession of Failh and the Tabernacle's Trust Deed dated 21 April
1859. The Elders and Dèacons are èlected by the Church Meeling, and a￿ ￿spOnSible for leadership ol the church.
The Tabernacle is a registered charty. no.1151218, and has a number of related chaThti8s. narnèly, thè Tabemacle
Manse Charity, the Melropolitsn Care Chaty and the Wateman Trust.
The Trustees Ithe Elde￿ and Dgawn51 are elected by thè Church Meeling. and are responsible for leadèrship of Ihe
church {Section 6 01 the Legal Constituti￿71. There are no other senior managers to whom day-tr￿aY management is
delegated. A limited number of tnjstees are remunerated. and their pay is sel by the non-remunerated Iru*g95. wrth
refererhcÈ to similar roles in other charities. The Legal ConstitulK)n Isethn 101 des¢ribes decisions taken by Ihe
trustees. Staff arè appointed to assist Ihe trustees and are under Iheir superwsion. All expenditure by stsff 1$
aulhorised and Goun19tsigned by Ihe trustees. New trustees are provided wlh information Èbout their statutory
respmsibilities as trustees, as well as being provided ￿￿th instruction on the role within th8 Mètropolitan Tabemacle.
Thè major risks to which the Tabemacle is exposed, as identified by the Trusts84 in the a￿8$ of finance. operations.
Safeguarding, and regulatory compliance are regularfy reviewed. PnKedures are in pla¢e to mitigate those risks
vhiGh are considered approp¥iate and effecbve.

METROPOLITAN TABERNACLE
{2)
Raport of the Elders and Deacons for the Year Ended 31 December 2023 (continued)
Trustees statement of respon$ibiliti8s
The trustees are responsible for prepariThJ the Trustees, Report and the finanfyal statements In accordance with
applicaNe law and United Kingdom Accounting Standard5 including FinanGial Reporting Stsndard 102.. The Financial
Reptsrb"ng Slandard applicabl8 in th8 UK aTh1 Republic of Ireland (United Kingdom Generalty A¢eepted Accounting
Pract￿1.
The law applICab￿ to charities in E￿land & Wales requires th& Iru$le$$ to pmparè financial statements for each
financigl year which give a true and fair viaw of ihe slate of affairs of the charity and of the income and exp9ndilure of
thè dlarity for that Period. In p￿paring these financAal statements. the twslees aw require(1 lo..
select suitable accounting policies and then apply thern consi8tenlly'.
observe the melhods and principles in the Charities SORP.,
make judgments and aw)unling ¢stimates that are reasonable and pwdenl-
slate whelhei applicabl8 accounting standards have been fr*llowed, subièet to any matèrnal d8partures
disclosed and explained in the financial statements., and
prepare the financial stalements on the going concem basis unless il is inapprowiate to presume that ths
charity wll conlinue in busing85.
The trustees 8re réswnsibla for m8intainin9 woper accounting records which (lisclose wth reason8bl8 a¢¢ura¢y at
any lirne the financial wjsibon of the chaiity arKI enable them to ensure that the financi81 ststernents ￿t￿pIY wth the
Charili8s Act 2011. the Charlty (A￿oU￿tS and Reports} Regulations 2008 and thè prowsions of the tnjst
deedlconslilulion. They are al$0 iespon&ble for safeguarding Ihe assets of the chwity and he￿8 ft)r laking
reasonable steps forthe prevention and detection of fraud and other irregularities.
The Tabemacle's Objectives and Activities
The Tabemade's objectives are the advancement of the Chrisllan faith, the nurture of God's profassing people and
th8 beneffit of the public Ihrough the religious and rnoral Éducation of children and all other people, care for the elderty,
promobon ol racial harrnony, and the ad￿nCement of theologlcal education. including Irdining for ministers and
church leailers. The Church also Pfepares and dlstn"butes Chrtslan lilerature, and carries out oth8r oh81itable
purposes consistent with its T￿￿t De8(1 and Confession of Faith. To do these things, it operates various funds in
respect of different branches of the work. Th8 T8bemacle awards grants to individuals and organisaiions that meet
the cThteria laid down by the T*)ern￿le.
The Trustees have had due regard to th8 guldanc8 Sssued by Ihe Charity Cornmission Telatiry to publ￿ bènèfft, and
the Tabem8cle provkyes this in a numbÈrof ways:
By the provision of pvblic worship sèmces, including speaal facilities for Deaf people, and simultsneous
interpretsthon in a nuvnb9r of languages. The Tabemacle has over 950 members and adhÈrants over
sixteen, plus numerous other regular attenders and visitors.
By its larg8 oulreach Sunday Schools at four locations which serve many hundreds of teenagers and young
childrer) {arourKI 1.000 enrdlgdl in 50Uth London. with associated weeknight recreational and social training
activities, educational outing and c2mp actiwties, all serving the adv8nc8m8nl of Christian values and
helping to preserve very many young pgople from the youth gang culture of inner South London.,
By regular college ag9 Glassgs ￿ 1&18 year-old young people.,
By its young &Yults' doctrine classes helping numerous studgnl-age ptsople lo be estsblishèd in Chrfstoan
doctrine and citizenship values..
By the provision of freg aud￿-Vid&0 messages and studies on sponsored Sky TV and on the Intem81- the
latter eyperienong over 15.000 wholly downloaded messag8s per moinlh.,
By thè opèration ol the London Refom)ed Baptist Serninary on-line Course with marted coursework for
aspiring and servin9 pastors, and church wothers lover 400 8nrolledl-
6y its Days ol Special Studies and Christian Workers Fratemal me8liThJs which are attende(J by hundreds of
Christian W0￿erS from ￿rosS the UK.,
8y its support ol pioneer and mission worts in the UK and across th8 world., and
By it5 provision of various facilities for care of the e￿erty, includiro a part-time care vi8110r.

METROPOLITAN TABERNACLE
{3)
Report of the Elders and Deacons for the Year Ended 31 December 2023 (continued)
Achievoments & P8rfomian¢•
In 2023 the Tgbem8¢18 continued its programme of weekly public services and its Sunday Schools and Biblg Classes
for childrèn and young peopl8. Setvices continued lo be made available as free live-stream broadcasts. A new
YouTube channel for Gospel sermons was opened.
The T#beM￿le continued its emphasis on outreach into the community lo make the Gomft>rts and streThJths of
worship arKI faith available lo all. Large scale visitation. contsct worf( and literature distribution w8S fArrièd out by
mernbèrs, and seNices and Bible education meetings were open to all, wth BSL Interp￿￿tiOn for Deaf atteThlers.
Pastoral and practical hèlp was 6Xtandad via many interviews, and also by visits lo home8 i￿luding practieal care for
needy elderty attendern. includin9 transportation lo appointrnenls, support and assistsnc8 in probleffl$. OVD$ of
recorded PTeaGh8d tng3sages cairying biblrcal insiruction were made available freety to èlderty frI￿d$. A wd& rang&
of literatu￿ was also made available freely via the church websTte. the latter renting hosted services for handling the
storag$ and live streaming of video and audio services ancl messag85, m8ny thousands bein9 downloaded Sach
nth. Pr8Cti&g1 hèlp and frièndship was also exlended to many Ihrough Ihe Deaf Fellowship and to needy families
and irKlividuals. including the promob.on ol hospitality by mgmbers to lonely people to wsilors.
Ywth and children's rThnistries continued to be a key CoM￿nent ol Tabernacle work. Sunday Schools providing for
around 1.000 und8r-sixt88n5 in the community, being operated on four sites. Nineteen minibuses OWTl8d by the
Tabtsmacle plus private Cars. were collecting children satsly. Supported by weeknight recreational evènlngs Itwo
evenings ea¢h weekl. outings and an annual camp, these have provided tj'blioal and moral bnslruclion, keeping
hundreds of children off th8 str8èts and out of gangs, and imparting a more wholesome nwndsel for their lulure Ilves.
(Over 250 staff and trained voluntgers have operatgd this wort in this year.)
During the year over 20 ov8rs&as national paslors were wholly or largely supwrted. Churches and compassionate
work were maintained, including mèdical support and feeding hurory children, and this has required high funding,
vthich also incorporated additional money given by readers of the Tab8rnacle's 'Sword & Trowel. M￿alIne.
Weekly non-subscriplion salollito television broadcasting has enabled lhou58￿15 of viewers around thè land to accèss
the r8gL>lar teaching ministy, wth frequent feedback indicab'ng that help and blessiThJ h8s been gained by vlewers
throughout the UK.
Review of Finances
As shown in the Slalement ol Finandal Activities on page 8, there was a net infl¢yw of resourc88 spread a¢ros$
warious fvnds. Closing rgservgs were £1.323.590 of which £118,466 were for restricted purposes. Fund5 ale
generally used within a reasonably prompt b"mescale, and there is no policy to maintain significant King-terrn resérves.
rall, Ihe stale of financi81 affair5 of th8 TabÈmade is considered lo be very satisfactory.
The Tabemade building is an historie assèt and 8 list8d building. The ￿ mission buildirrtJs, Surrey Gardens and
Surrey Square, are also historic missions of thè Tabemacle, lor which pU￿oSe they continue.

METROPOLITAN TABERNACLE
{4)
Report of thè Eldèrs and Deacons for the Year Ended 31 December 2023 (Continued)
Plans for Future Periods
The Church has a number ol plans lor the future, including the following..
To maintsin and increase the large attendance at public seNces and Sunday Schts￿8 and to spread the
gospel mewe by outreach vi$italion and literature distribution in Ihe community.
To increase the work of thè main and branch Sunday Schools and related recreational actiV￿e$ by
conlinving personal work and visitation.
To continue the estsblishment of Ihe Brixton Sunday Schwl, inlroduuro children and young people In the
LoughboTough Jundion arèa of Brixton and Stockwell to the teaching of the Bible.
To open an additional Sunday Schod in the Bemiondsey area.
To extend the online sI￿amIng of live services and recorded ministry and vKitten maleTial, whith 18 boing
increasingly acctsssed and valued worf1fv￿de, supporbng people by regular ministry, and providing guidan
and instru¢b'on lo pgoplg seeking the teaching of the Gospel and sound biblical principles.
To extend the availabilty of Junior Church materials, and weeknight meeting materials, by upgrading and
publishing further strrias topics.
To assist and coordinate the translation woth of key materk?Is lundertaken by members and nationals part-
time) into other languages su¢h as Chinese. Spanish. Portuguese, Romanian. Amharic, Tamil, FTerKh,
Hungarian, Polish and Arabic.
To support the growth of the D6af F@Iltswship and continue wilh BSL signed broadcasts lo sponsor BSL
training for surtable young people lacking means.
To continue to improve the design and contenl of the Tabemade wobsite, }r￿lUdIng the development of non-
English langu8gé pagès.
To operate tha YtsuTube thannel for Gospel semions, including provision of 'shorts' and 9-minule $8rnon
excerpts.
To continue increasing the amount of literature and infomiation avalable freety on the Tabernacle website,
including in olher18nguages.
To complete renewal of erne￿nCY lighting equbpment end electiical wiriro to meet curient r9quired
standards.
To build new rooms as part of tha provision of additional dassrooms.
Fundraising and Gift Aid
Tabgma¢l¢ reeeives funds enllrely from freewll offerings, mainly by people associated wrfh thp chtjrth. The￿ is
opportunity to give an offering by cash, cheque or by card in Ihe weekly Se￿￿$, and many other donations are given
separately. mainly by bank transfer. Encouragernent is given lo u$e th¢ Gift Aid sch&m6. A brl6f summary of Ihe
giving lo date is shown on the Congregation's prayer meeting wèbsii8.
The biblical principles of oiving are included from lime to tirn8 in th8 (vurs8 of the teaching ministry. A voluniary
Thanksgiving Fund is a long held tradition. There are no public appeals for funds olherthan as follows.
For ovèrsèas compassionate support for needy situations and disaster relief, trom lime lo tSme we make appeals to
Chftstians, mairly thmugh the Sword & Trowel magazine. No professional fundraisers 810 employed and the whole of
any such support received is passed on lo the pÈoplè dÈscribÉd, and nonè of it is usèd to defray any expenses of the
Tabemacle.
Auditor3
Jacob Cavenagh & Ske9( Chart8rgd Accounlanls, have indtaled Ih$ir willingnw lo Continua Sn office.
ON BEHALF OF THE ELDERS AND DEACONS
Chris Cooper
1yh July 2024

METROPOLITAN TABERNACLE
(5)
Independent audltor's report to thg ¢lder¥ and thacons of Th• M•tropolitan Tabernacle
Oplnlon
We have auditèd the financial statements of The Melrot)olilan Tabemaclè (thè Chariv) for the year ended 31
De¢ember 2023 which cornprise the Statement of Financia1 Activtties, th& Balar￿e Sheet. the Statement of Cash
Flows and notes to the financial statemen15, including a sumrnary of significant accounting policies. The financial
reporting framework that has been applied in their prepardtion is applicable law and United Kingdom Accounting
Standards, including Financial Reportiro Standard 102.. The Financial Reporting Standard applicable in the UK and
Republic of I￿land (United Kingdom Generally Accepted Accounting Practic&}.
In our opinion. the financia1 stslements-
give 8 true and fair view of the stsle of the Charrty's affairs as al 31 December 2023 and of Its Incomlng
resources and at)pll¢afjon of resou￿85 forthè yearthen ended.
h8ve b8en properfy prepared in accordance with United Kin￿OM Ggnerally Accepted AccounJng
Pracli¢e-
have been prep8rgd in accordance wth the r8quir8m8nts of tha Charities Act 2011.
Basls for opinion
We conductéd our audit in accordance with Intemalional Standards on Auditing (UK} {ISAs IUKII and applicable law.
Our responsibilities under those Sta￿ardS are fvrther dgscribed in the Audilorfs rgspon$ibblitie$ lor the audit of the
financial stat8wn8nts section of our report. We ere independent of Charity in accordance with the ethical
requirements that are re￿vant to our audit of th8 finanryal stalem8nts in the UK. including the FRC'S Ethical Standard.
and we have fvifilled our other elhical responsiimlilies in accordance wlh these requirements. Wè b81i8vè that the
audit 8videncÈ we have obtained is Suff￿lent and appropriate to provide a basis for our opu)ion.
Concluslons relatin9 to going ¢on¢om
In auditing the finan(ial 5ts1gm6nts. we have ccfftcluded thal the trustees. use of the goir¥J concem b83is of
accounting in the preparatlon of the financial statements Is appropriate.
Based on Ihg work we have performed, we have not identified any maierial uncertainties relalfing to events or
conditions that, individually or co116ctively, may cast significant doubt on the Charty's ability lo ¢onlinu& as a going
concem for a period of at least 12 months from when the ￿nar￿la1 statements are aulhorised for i88ue.
Our r8sponsibilib.gs and thè responsibilities of the trustees with respect to going concern are descnbed in the relevant
sections of this report.
Oth•r Informatlon
The Iruslees arè rèsponsible for the oiher infomiation. The other infomalion compri58S thè inforrnation included in the
annual report other than the financral statements and our audrtorfs report thereon. OLJT opinion on the financial
statements does not covei the other info￿natIon and we do not express any forrn of assur8ncè conclusKJn thereon.
In connection with our audit ol the financial statements, wr reswnsibility is lo read th8 other inforTnation and. in doing
so, consider whether the other infomalion is materially in¢on$isl¢nt wlh the financial statements or our kn￿edge
obtained in the audit or otherwse appears to be materially misstated. If we i(5entify sud) material inconsistencies or
appar8nt material rnisstatements, WÈ arè wuiréd to dètèmiin8 ￿&th￿r there is a material rnisslatemenl in the
rinan¢ial statements or a material misstalemgnt ofthe olher inft)rm8tion. If, based on the work we have perf<)mwd, we
con¢lud& that there is a material rnisslatsrnent of Ihis other information. we ar8 required to report that fact.
We have nothing lo report in this r8g8rd.
Matters on whl¢h w¢ are requlr•d to report by oxceptlon
In th8 light of the knovledge and understsndino of the Charlty and its environment obtained in tho couw of the 8ydit,
we have not identified material misstatements in tho Irustè8$' report.

kqETROPOLITAN TABERNACLE
(6)
Indepgndgnt ?udltor'$ rèport to th• •ld•rs and doac<>ns of The Metropolitan Tabèmacle Icontlnued}
Wa have nothi￿ to report In respect of Ihe following rnatters in relallon lo which the Charfl￿8 Act 2011 require¥ us to
report to you if, in our opinion..
adequate and proper accounting records have not b&sn k8p( or retums adequate for our audit havg not
begn receivad from branch8s not visited by us., or
the financial slalements are not in agrèement wth the accounting records and rglums.. (x
certain disclosures of trustees, remuneration specified by law are not made.. or
we have not received all the infom)ation and explanations we requirg forour 8udlL
Responslbllltl¢$ of th¥ Irustsg$
AS explalned mre fully in thè tDJ8tees' restK>nwbilitieB 8tatement sel out on page 1, the tNsle8s 8re r8swnslble for
the preparalion of the financial statements and for bèing satisfied that they give a true and fair wéw. and fr)r such
Internal control as they delemiine is necessary to enable the preparation of fmancial s18lemenls that aro free Ifom
mateiial misstalemenl, whether du8 lo fraud or error.
In preparing the financAal statements. th9 trusttres 81¢ responsible for assessing the Charity's abilily lo ¢￿)￿n￿6 as a
goSng concem. dI￿10$1￿g, as 8pplicabl6, mattèrs rèlatèd tr) gimng concem and using Ihe going eoncem basis of
accc4Jnting unless the Iru51ee$ either intend to liquldate the Charity or to ce8S8 operations. or nts realistic
allemative but to do so.
Audltor's ro$pon$ibilities for the audlt of the financld $tat¢monts
We have been appointed as auditor under section 144 and report in accor(18wKe wtth the Act and rglevant regulations
made or having 8ffecl thereundei.
Our obj9clives are to obtain tea$onablo assurance about whelher the finanGial stat8m8llts as a whole are free from
material misslatemenl, whether due lo fraud or error. and to issue an avditorfs report th8t includes (Mjr opinion.
Reasonab18 assurancg is a high level Of assurdnce. bul 15 not a guarante8 that an audr( conducted in accordance wth
ISAS IUKI will always detèct a matarial misstatement ￿en it e%ists.
Mlsstatements can arise frorn fraud or error arKI are consid&￿d material if, indmdualty or in th9 aggregate, they Could
reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent lo which our proce(lures are Gapablg of d6t6cting irregularibes, induding fraud dètailed below.
Baséd on our understanding of the Charity. we idenltfied that the priy￿1paI risks of nortrcompliance with laws and
regulation$ related to employment and financial reporting legislation and we considered the extent to which non-
compliance might have a material effect on the financial statements. We also considertrd tho$& laws and regulations
that have a direct impact on the preparation of the financial ¥latements such as the Charities Act 2011.
We assessed the sU8C8ptibility of the charity's financial stalemer)ts to matèrial misstate￿nt, includiro obtsining an
understsnding of how Ir8ud might occur, by making enq￿￿eS of management. ¢OnSKlerirwJ the intemal controls in
plaea and discussion amongst Ihe engagement team.
We del8Tmin8d that the principal risks wgre related to inappropriate accounting èntrfes affecting the disclosed revenue
or expenditure arKI payments lo third partios.
In response lo the risks idÈntffi6d wè d6signèd procedures which included. were not limited to..
ag￿e1n￿ ffinancial statement disclosures to umdety1r￿ supportlng th)curnentatKJn
idèntity.ng and tesb.ng joumal entries
reviewing TrLJStees rnÈéting minutès
valuating the charity's internal controls
verifying payments lo IhiTtI part￿S on a sample basis

METROPOLITAN TABERNACLE
{7)
Ind•p*ndent audltor's report to th• •ld•rn and d•acon• ol The Metropolltan Tabemacle Icontlnuedl
There are inrterent limrtats.ons in the audrt w(rEdu￿ described abJv•. Th$ more rernoved th81 l•ws and r89uLations
are from financial transa¢tsons. Ihe less likely rt Is that we would become av￿re of n()n<0M￿lan¢e. mater￿al
misstatements that arise due to fraud ¢an be harder to detect than those that arise from error as they may Involve
deliberate cOn￿alment or collusN￿.
A further description ol otjr r&swnsibilrtie5 lor the audrt ol the finanaal statem¢nt$ Is located on the Finarrial
Reporbng C￿n￿l'S w&bsile at." vM*M.frc.wg ukJ8uditofsresF¥)nsibilibes. This d$s¢ripD"on fomis part of our audrtor'$
report.
U8• of our report
This report is made stsltrly to the Charity's truslees, a$ a tA)dy. in •¢¢ordance Part 4 of the charrtie3 IA¢¢ounts aTrY
Rtrportsl Regulations 2008. Our aL￿11 has t)een undertaken so that we might stale to the Charity's trustees those
matters we are require¢y to $tste io Ihem in an auditor's report and lor tK* olher purpose To the fvllest extent pemiitted
by law. we do not accept or assume responsi￿1￿ to anycry other Ihan the chanty and the charity's trustees as a
body. for our audit work, lor this report or for (he opiruons we have lomied.
Jacob Cayenagh & Sk￿t
Statutory Audltor
Chart•r•d A¢¢ountsnt•
S Robin Hood Lane
S¢Jtton
Surrey
SM1 2SW
03ted'. 26th July 2024
Jacob Caven8gh & Skeel is elwible for 8PPatntment 8$ auditor of the ch*ity by virtue olits el￿'bilIty lor appoinlm8nl
gs audiioro18 cornpany undersèc11￿ 1212 olfh& Companies Acl 20C6.

METRQPOLITAN TABERNKLE
181
Stat¢mBnt of FInaNc￿l b1th￿e5 f￿ theYearendedJl DecernbBr2023
Not
2023
202J
2023
2022
2022
2022
Incornglrom..
DonatknnsaDd legaue5
Inveslmert¥
ChaDtsble
1.455,T13
55,816
94,481
198.874
96
1.￿4.097
55.912
94.481
1.237.412
27,182
91.771
216,256
1,4$5,6fj8
27,187
91.771
TO1￿1￿¢0￿&
1.60S,S20
198,970
1.8114,490
1,3K345
218,%1
1.574,6Q$
Exp•ndI￿reOn.
Pub*¢ty
3.>1
3.321
AcuvlUe8
Gran￿ payab
CD* ol Salp
¢Jher Èpoertses
ProVi9￿n ol Mknis1ry& outroath
Supwt CDsts
Admini¥tratton
30.347
55.668
s5.(￿0
781.010
368.261
90.688
28,873
57,220
SS,e68
S5,￿0
1.053,569
36B,281
),724
139.482
54.058
53.387
692,871
306.520
83.705
13.402
152.884
54.058
53.387
970.046
306.520
83,70S
78
7b
272,559
277.376
1 380.975
1.3U823
2W.777
1.820.1(K)
Toisl•xp•ftthwe
1,314,298
67
1A83,763
1J31.7O3
2W.777 1,622
P4Bt1r￿)M￿p0￿thtuTe
221,224
{1NA97
120.n7
2U42
{47,874}
Transler5 bet*Yen Fvnds
170.OLV)}
70.OOU
170,0001
70,000
J•t n￿wOm￿nI In frjnds
IS1224
130,4971
120.727
145.3581
12.5161
{47.874)
f¥hd$ brots9ht loM*rd
1.053.9)0
148,963
1,202.863
1.0*.258
151.479
1.2SO.737
Funth c•rri•d for*oYd
120$ 124
1 323 $90
1.053￿0
148.963
1202.8$3

METROPOLITAN TABERNACLE
19)
Balance Sheet as at 31 December 2023
2023
2023
Unrestricted Restri¢l
2023
Total
2022
Total
Fixed Assets
Tangible Fixed Assets
10
17.808
17,808
4,094
Current Assets
Stocks
Debtors
Interfund Account
Short-lerm dewsi18
Cash Bt bank & in hand
11
12
26,690
227,311
5,504
BOO,000
163.564
1,223.069
26,690
236,179
36,134
157,595
8,868
(5.504)
800.CK)O
278.666
1.341,535
115,102
118.466
1,038,542
1,232,271
Credit
Amounts due wthin one year
13
35,753
35.753
33,502
Net Cuffent Assets
1,187,316
118.466
1.30S,782
1,198,719
Nat Assets
1.205,124
118,486
1 323,590
1,202,8e3
Financtrd by=
Funds
1&17
1.205,124
118,466
1.323.590
1,202,863
Approved by the Elder$ and Dewns on 19 Juty 2024
Elder.. C Cooper
D8acon.'

METROPOLITAN TABERNACLE
{10)
Stat•ment of Cash Flows for the Year erKl•d 31 DKemb•r 2023
2023
2023
Unreslricled Reslricled
2023
Tola
2022
Tolal
Cash flows from operating activitie$:
Net lexpendilurelJin¢ome for the year
Adjustments for.
Depreciation Charges
Dividends, interest and rents
D8creasellincreasel in slc¢Ks
Ilncreaselldecrease in deblors
Increase in creditors
151,224
{30.497)
120,727
147.874}
10.030
(55,816)
10,030
{55.9121
26.825
127.167}
13,845
132.308}
2,523
{78.584)
2,251
(78,5841
2,251
Nel cash (used in)Iprovided by operating adivities
38.549
30.593
7,956
64.156
Gash flows from Invostlng activitias:
Dividends, interest and rents
Purchase of property, plant and equlpmenl
55,816
123,7441
96
55.912
123.7441
27,167
32.072
96
32.168
27.167
Change in cash & cash •qulvalents in the year
70.621
{30,4971
40,124
136.989)
Cash & ¢ash equivalents al the start of the year
892,943
145,599
1,038,542
1,075.531
Cash & ¢a$h equivalents al the end of the year
115,102
1,078.666
1038 542

METROPOLITAN TABERNACLE
{11)
Notos to the Financial Statèments for the Year Ended 31 Dècember 2023
1. Accounting Policiès
The prÉnrypal 8ccounb.ng policies adopted, judgements and k￿ SoUr￿S ofestimation uncertainty n the
preparation of the financial siatements are as follows:
lal Accounting convention
The finanGial *tements have been p￿pared under the Charitles Aot 2011 and In accordanc8 with the
Charitiès Statèment of Recommended Practiee Icharlties SORP IFRS 10211 and Financial Reporting
Standard 102 IFRS 1021. The finanrial 8t8tements are drawn up on the historical cost basis of
a¢¢ounb"ng.
The Metropolltan Tabemacle meets the definition of a publk beneffit entSty under FRS 102.
Th8 8ddrèss of the registered office is Metropolitan Tabemacle. El¢phant & Castle. London SE1 6SD.
The financial ststements are prepared in sterting. which is the functional currency of the charity. Monetary
amunts In these financial ststsments ar& rounded to the nearesl £.
Ibl Goirw Concern
There are m material uncertainties about the charity's abilty to conunue.
Icl Income
Voluntsry Ino)me Including leg8cBs is aCCo￿tad for once the charity has entitknient lo the income, it is
probable the income will be received and the amount of income receivable can be reliably measured.
Investmnt income and bank inlertrsl 1$ recognised on an accTuals basis.
Idl Expendlture
A11 expenditure is included on an accruals basis. Grants made are accounted for vhb8n thè commitrnent is
made to make the payment. Charitable expenditure comprises all 9xpenditure directly r91ated lo
objects of the charity. This includes gov9rnance costs which ￿present the cost of complianca with
const11ut￿naI and statutory re￿1￿mentS.
{e} Fixèd asséts
The Metropolitan T8b8made bulkllng aNJ the Surrey Gar(lens and Surrey Squ8r8 mission bulldings and
their asswiated irnprovemenls are historic buildings dating back to the rnid-nÈneteenlh century, and the
original cost of the assets is not available. The Trustees estimate that the original cosl of these
properties is imrnaterial, and therefore no value has been attributed lo them. Fixgd assets below an
original cost of t2,1￿ ar8 not capitalised.
Where freehold propefbes ate maintsined lo such a standard that thèir èstimated residual va￿e is in
gxce$s of Iheir net book value at any time and depreGi8tion is imwnaterial. no deprecialion is charggd.
lfj Dèpr•clatlon
Depreciation is pmvided on all olher ta￿1b19 fixed assets al Tales ¢al¢ulated lo write off the cost of each
asset over its expected useful life less eslimatèd rasidual valuè, over ils expected usefvl life, which in all
cases is esb"mated at four years.
{gl Stocks
Strjcks are valued al the lower of cost and nèt roalisabla value.
{hl Debtors
Loans and olher debt0￿ are includwj at the sett￿rnent amout)t due. Prepayments 8rè valued at the
amount prepaid.
Cash at bank
Cash at bank is a short tem highty I￿ULd investment wlh a short maturity of thretr months or less from
the Ilale of opening of th8 deposit.
li) Crtrdltors and provlslons
Crèditors arè rècognised where the charity has a p￿sent obligation arislng from a past event that ￿711
probably resull in thè transfer of funds to a third party and th8 atntsunt due to seitle the oblpJall￿ b8
MeaSu￿d or eslimaled reliably_ Credrtors ar8 recognised at their se￿ement amounl.

M￿ROPOLITAN TABERNACLE
Notss to the FinanGitiI Statements forthe Year end¢d 31 D1￿M￿r2023 IConLI
2023
2023
Unrestricted ReStr￿ted
20ZJ
2022
Total
2. Oonatlons and legacies
GeneTa1 Donalions
Donations for mtssion*ies & swial appeals
Collections
Th￿ks9￿1n9 Fund
Legaues
103,576
6,000
1,155,181
76,106
114,360
1 455 223
2C()
102.482
96,192
103,776
108,482
1.251,373
76,106
114.360
11kl.411
114,998
1.178.611
$5.248
400
1455 668
198 874
3. Invest￿[rt In¢om•
Bank 8[￿ other inter851
Rent
78,821
36,995
96
18,917
36.995
428
26,739
4. Incorne from char*ab￿ *Dtlvfftlo$
Bookshop & other sath income
Seminary lee income
School of Th8dogy r8ceip15
91,475
1,521
1,485
91.475
1.521
1,485
2,769
354
5. Grants ￿Y•b￿ In furtherancè of ¢harW$ oblectlb
Grants io I￿j1vE(lj￿s
30,347
28.873
57.220
152,884
Other Salos Expanses
Wag&% and Salarie5 (See Note 91
Sales Carriage Costs
41,245
13.755
41,245
13,7SS
37,737
15,650
7. Costs of oth0r actI￿tIo$ In furth¢ran￿ olthe charws objects
lal Pmwsion of nNnistry& oulrea¢h..
Wages & Sl8ri¢s (Se& Note 91
Vlsiting preachers & organists
Schwl of Theology expenses
Cètering costs
SU￿JaY School expwses
Payments tolfor mtssionaries
twalure & Trans181ion Ix)5¢s
O￿treaCh c0515
801.177
2,270
3,705
25,651
27,810
19,750
4,481
96.166
781 010
601,177
2.270
3.705
25,651
27,810
291.712
4,481
,763
550.098
475
10.387
27,923
30.817
281,687
1,035
67.624
271,962
597
Ibl Suppcrt costs..
Equipmenl repairs 8Th1 replxements
Tabernade werni5es costs
Other propertie5 exp￿SeS
L￿ht and Heat
Telep￿￿e
ma￿ expenses
Bus expenses
Depreciation charges
Motor and travel expenses
129.432
68,956
23,034
60.743
5,041
10,371
60,654
10,030
129,432
68,956
23.034
60.743
5.041
10,371
60,654
10,030
105,975
53,605
15,768
41.101
4.183
3,451
55,347
26.825
265

METROPOLITAN TABERNACLE
{13}
Notés to the Financial Statements for the Year ended 31 Decembor2023 IConL}
2023
2023
Unreslrided Restrided
2023
Total
2022
Total
8. Admlnlstratlon
Postage & Phot¢)¢opying
Office expenses
Rubbish collection
Cleanlng supplles
Bank charg8S
Subcontract administration
Miscellaneous expenses
Audrf£ costs
Accountsncy fee pad to audltor
14,767
14,061
11,395
21.150
9.790
1,568
10.367
5.551
2,040
90 689
14,767
14,061
11,395
21,150
9,825
1.568
10.367
5,551
2.040
13,993
15,887
12,394
15,849
9,291
5,526
4,885
3,960
1,920
35
35
9. Staff ¢ost$
Wages and Salaries
National Insurdnce costs
Pens*)n contributions
580,378
46,734
15,310
580.378
46,734
15,310
530,198
43,513
14,124
Included in wag8s is a redundancy payment of £7.45012022.. Payment In Lieu Of Nollce payment £7,875).
Contributi(ms to a pension fvnd for Ihe bènefit of employees were made during lh8 year.
Th8 av8rage number of employees w85 2412022.. 22). No empl)yee earn￿ £60,000 or more. Nonè of the
Elders and Deacons recdved any reimbursed expens85 ¥b their capacAty as trustees.
Tho fc41owing Elders and family membars ol Trusteos received remuneralw for s8ryices prowded to the church..
Pastor l Ag Mohamed
£43,920
MrCMLaws
£10.125
Dr P K4 Masters
£21,754
Mrs H M Compston
£31.354
These rvju￿ indude EmrAoyel$ Nl and p￿$S0n Contribubons.
Thls r8munerath)n is pemitted by clausè 9 of thè ConslitLthn.
10. Fix¢d A$8èts
Motor CompLrter
Vshicles E
Other
Fumitwe
Total
Cost
Brought f￿ard
Additions
Disposals
Carried forward
217.427
23,637
146,933
46,456
23.744
434,453
23,744
5,394
452.803
5.394
212,033
23,637
146,933
70,200
reciatio
Brought forward
Ch8rga forthe Year
Dispos815
Carried forwrdrd
213,333
4,094
5,394
212.033
23,637
146.933
46.456
5,936
430,359
10.030
23,637
146.933
52,392
434,995
Nèt Book Value, 3111212023
17,808
17.808
Net Book Value, 3111212022
4,094
4,094

METROPOLITAN TABERNACLE
(141
Not0$ to the F•nancial Stst•ments for the Year endod 31 O•c•mbor 2023 {ConL)
2023
2023
Unrestricted R&8tricted
2023
Total
2022
Total
11. Stocks
Bookshop stock
Lessons for Lrf8 Visual ￿(J$
9.236
17,454
9.236
17,454
24,429
11.705
12. Debtors
Tradè Debtors less doubtfLrf debts
Tax r￿Verable on ino)me
Other debtors
Float5 and Loans
Prepaymants & aecrued ino)me
776
38.493
3.738
70,747
43,841
157595
20,823
77,345
63.687
65.476
227311
2.868
23.691
77,345
69,667
65,476
236 179
6.000
13. Crèditors
Other ￿ditorS
Other taxalion and swal security
Amount due lo Metropolitan Tabernaclè Manse Charity
Accn&81s and deferred incnme
3,505
13.628
1.062
17,558
3,505
13,628
1,062
17,558
2,813
12,575
1,062
17.052
14. R¥latgd party transaction5
Some of the Iwu5tees ol the Tabemacle are also trustÈ8s of thè Metropolrtan Care Charity, the
Metropolitan Tabemacle Manse Charity and the Wakeman Trust. There were no transaclion5 with
any of these charitr'es duTrJn th8 year. An outgtandlng balanc4 with the Manse Charty 1$ disdosèd in Not• 13.
The aggregat8 value of unconditional donalKJns maée by the trustees to the church In the year was £109.182
{2022-. £106,7891.
15. Flnanclal commiknents
During the year, the Metropolitsn Tabernacle made operating lease payments ol £5,593,
which are rgcognised as an 8xp&nse.
The Yuture minimum lease payments undèr non-eAncellablo operating leases are as follows..
al not later than one year.. £3,146..
bl later than on8 year and not later than fNe years.. £6,301.

METROPOUTAN TABERNACLE
Notss to the Financial Statemonts for th• Yoar onded 31 December 2023 (Cont,)
16. UnYgstri¢ted Fund$
The and￿lS ofthe urTrslrided fvnds during th$ year is shown tehjw".
Movemenl in Resowces
Incorni
Ou
fèrs
be￿leen Funds
Fund Name
Clf
2023
Gener81 Fund
Special Resources Fund
Tab8rnac48 B￿kshOP
Literature Ministry Fund
AudKFVideo Ministry Fund
Legacy Fund
Exceptional Pro1￿1$ Fund
598,669 1,459,519 11,258.440}
15,403
373
1180}
6,189
86,473
1103,887}
4.408
18,450}
2,453
662
14,563}
295,285
53,935
135,921
150
1,053,900 1.80S.S20
(90,0251
709,723
15,596
11,225
4,450
4.350
408
2,902
349,200
127,295
1,205,124
1.384.296
0.000
20
General Fund
Special Resources FUNJ
Tabemacle BookstrK)P
Literature Ministry Fund
Audio-ViiJ80 Ministry Furn1
Legacy FWKI
Exceptional Projects FuThY
629,806 1.272,410 11.216.091)
19,723
21
11801
18,340
79,903 1101,7501
178
{7.9371
2,217
14.0301
295.265
135,729
1 099 258 1356 34S
187.4561
{4.1611
11,696
6.898
3,023
598,669
15.403
.189
1,243
2.453
295,265
135,921
1 053 900
1.715
1 331703
Transfers from the General Fu￿) to the other funds retresenl General FurKS suprx)rt forthess a¢tNrtw.
purposes ofthe unrestrithd fundsare as fdiows-.
General Furvj
To finance the T*)emade's main obJ8thes and sctN￿"e$.
S eual Res¢xMtss Fund
For the stewarding of an ext¥aordinaryI￿aCyto 8pe&al pmie¢ts In the furtherance
of thè Tabemade's majorobiectiwes.
Tabemade Booksho
Fund
Te operate the Chrfstian bookshop wlfjd atthg Tabomade, whld) promotss the
Tabemade's major objethves by the sale ef sound Christian litergture.
Li*Mture Fund
To promole the TabemaclÈ's major obl8ctives by the cKcuWKin of Ihe'sword and
Trowel" magaine. an(1 other litereture.
Audi¢FVKleo Mini%1 Fund
To promote the TaberDaGle'5 ffjajor obj¢Fbves by the drculalk)n of ror￿ing5 ofTabgmadtt méssages, in
bolh aud￿ an¢J wideo fomats.
ac
Le9a¢ies lo fin8nce the Tabernac￿.5 main objectNeS aNI arthities.
Ik)n81 Pro
To fin8nc8 pr¢je¢ts *) accordanre wilh IhÈ Tab8macJe's major¢biectNfes. as enabkd by
particJJkr dOna￿onS or Income beyond tre budget plans.

METROPOLITAN TABERNACLE
1161
Not￿ to the FIna￿la1 Statements for the Year on￿￿ 31 D¢¢8mbor2023 Icont,)
17. Restrkied Funds
The analysTS oflhe restricted fvnds during the yaar 18 shown Wow..
Movgnent in Resourc88
Inwml
Out oln
TrJnslers
beknn Fund$
FuThl Name
Blf
Russiwj Literature Fund
LRBS Fund
Issionary sUp￿rt Fund
Loan Building & Reserve Fund
Myanmar Fund
Disaster Relief Fund
Nepvj Relief Furvj
1,507
14.2(kS
103.598
18.373
507
11,568
796
148 963
1,507
14.206
83,755
18,469
507
198.624
1288.46n
70.000
(11.000}
250
198 970
546
299 467
2022
R￿Ssian Literature FUTh
LRBS Fund
Mission3ry Supwrt Fwd
LoaTh Building & Reserva Fund
Myanmar Fund
Disaster Relief Fwd
Nepal Relief Fund
1,507
14,206
104,559
18.368
507
11,568
764
79
1.507
14.206
103.598
18.373
507
11,568
796
63
218,11
1289,0671
70.(XY)
150
61
151
218
14
Thè purpose of the restrr1￿ fund5 15 Ès lo11tr￿..
Russian Uterature Fund
To finance the supFly of Chri8b8n literaiure in thè Russian laNJuag8.
London Rèfom)ed Ba list Semina
LRBS FLknd
To assist oversea5 Seminarians have attended the London Reformed Baptist Seminary.
Mission
rt Fund
Montes received from dorK)rs, mirieted to overs￿$ mthistry SUPFKJrt.
Loan Buildin
& Reserve Fund
To ￿51St, by gift or loan. in the building, enlarg8ment or repair of p18ces of divine worship bglonging to the
Particular or Calwnistr'c Baptist Dar￿)MinatIOn.
M anrnar Fund
To 2SS1St the SFfeadiry of th8 gospel in My8nm8r IBwma}.
t r Relièf Fund
To a5SiSt Ihe relief ol Christian ccmmunilies in weas stw¢k by natural di5astets arou1￿ the wotld.
1 R lief Fund
To assist the relief of Chrislian communlties In areas strud( by natural disaster in Nepal.