Becontree Church Annual Report and Financial Statements st For the Year ended 31 March 2024 Charity registration no: 1154948
BECONTREE CHURCH Contents Page Charity information Trustees Report Statement of trustees, responsibilities Auditors/Independent Examiner's report Statement of financial activities Balanee sheet 10 Notes formlng part of the financial statements 11-12 Intmducing ihe BeCoTrte Estate to Jesus
BECONTREE CHURCH CHARITY INFORMATION Management committee l. Mr. Jason Freeman, Chairnian 2. Mi.. Barry Sanders, Treasui'er 3. Miss. Veiona Lawrence 4. Mi.. Kane Balagtey Secretary Miss. Natalie Yates Registered Office The Becontree Church Centre 330 Hedgemans Road Dageitham RM9 6BX Bankers Barclays Bank, Dagenham Branch, Intmducing the Becontree Est8te to Jesus
BECONTREE CHURCH Report of the trustees for the year ended 31 March 2024 The Trustees are pleased to present their report togetlier with the financial statements of tl)e cliarity foi. the yeai. ended 31" March 2024. We wish to acknowlcdge and thank all our commlttee members, staff and volunteers who have Conti'ibiited their time ai)d energy to achieve tlie Church's objects with miniinal i'esources. Our Charity irinains deeply grateful to ihe various sponsors, partners and chuirl) membei's who suppoi'ted lis througli out the yeai.. Our objects, mission, values and activities Our charitable objects ar¢ (i) (2) Foi. tlie benefit of the public, Tlie advancement of the Christian faith in Essex, and in such othei. paits of the United Kingdoin and the world, as the charity trustees may from time to time decide. Our Mission Statement To visit every home in our area to explain d)e importance of Jesus and to eiicourage each other to joyfully be like him. BECONTREE CHURCH STATEMENT OF FAITH l. The Bible is God's written word Cai'i'ied along by the Holy Spirit, the Iiuiiiai) authors spoke fi'oin God and tlieir wol'ds a wliolly trustworthy in all that tliey affirni ai)d deny. Being God-bi'eathed the Sci'iptures are the full, final and suffIcient i'evelation of God, and are therefore our supi'eme autl)ority in all Inattei. of faith and doctrine. 2. Sin itiiders all people liable to condemnation By nature, all people al'e rebels against their Creator, and objects of liis i'ighteous anger and wi?tli. Being dead iii sin we are powerless to save ourselves and, apart from God's Inercy and the life-giviIig power of the Holy Spirit, must surely pcrish on tl)e Day of Judgeinent. 3. Tlie gospel proclaims the only way of salvation Tlie living God, eternally existing in tliree persons, has acled in love foi. tlie salvation of mell and women, old and young froin ev¢iy people and natioii. God the Fatlier sent God the Son into tlie woi-ld to be tlie Saviour we need. God the Son gave himself up to deatli on tlie ci'oss to i-cdeein all who will turn ai)d trust in hiin foi. tl)eir salvation. God tlie Holy Spirit briiigs tlie blessing of convictioj) of sin and iiew birtli into the ricli iiiheritaiice of gi?ce and tt'utli, pardon and peace won foi. us by Christ. This belongs equally to all who are adopted as childreii of God. In Christ there is now no condemnation. 4. Jesus is tlie only Saviour, aiid judge of all In tlic fullness of his eternal deity our Lord Jesus Christ was coiiceived by tlie Holy Spiril and became inan, b¢in8 boim of tlie Virgiii Mary. H¢ took upon hiinself a pei'fect huinan natui'e Jntroducjng the Becontsee Estate to Jesus
BECONTREE a4URCH without COTnpromisiiig his divine nature and acquired a Inily human expei'ience. Humbling hiin5elf to deatli on a cross, Jesus shed Siis blood as the Lamb of God who takes away the sin of tlie world, bearing in our place tlie condemnation our sin deserved. All who turn to him as Lord arc justified by faith alonc tl)rough grnce alone and, having Christ's righteousness credited to tliem, are assured of eternal life. By raising Jesus bodily from the d¢ad, and by exalting him iiito heaven, God the Father demonstrated full accepiance of Clii-ist's fjnished atoning work and pi'oclaimed hiffl to be the one who willjudge all the world. 5. The worldwide church 15 the fellowship of all who belong to Christ The people of God coiisist of all those wl)o are born again by the Spirit. Tlie fellowship of believers is sustained pi'imai'ily through prayer and the ministry of God's word, with baptisin and the Lord's Supper as important signs of God's covenant of grace. The i'iseii and ascended Lord Jesus gives gifts and ministries lo Iiis people so that, undei. tlie aiitliority of liis word, his churcli Inay be built up in love to seive God aiid proclaim his salvatioii iii the power of the Spirit. 6. God's tnission is to proclaim salvation to ilie ends of tlie earth All inission is God's mission. From the time of huinaiiity's rebellion God lias acted in IovTng Inei'cy to seek aiid to save the lost. It is God who is tlie Inissionei., and the chuirli is tlie fi'uit of his missioii. Out of liis great love God ihe Fatlier seiit Iiis oiie and oiily Soli iiito the world, iiot to coiideinn but to sav¢. Likewise, Jesus sent liis disciples into the world with delegated autliority, and in living d¢peiidence iipon the Spii'it. They were sent to make available tlje forgiveness of siiis to all who will believe. Jesiis prayed tliat every subsequeiit generntion of his people would be united witli the Apostles iii belief and inission, and so today we continue to take God's wol'd to God's woi'ld. We pi'oclaim the forgiveness of sins to all iiations, and teacli all tliat Jesus comiiianded, baptisiiig in tlie naine of tlje Father ai)d of the Soil and ol. tlie Holy Spirit, until he Irtuiiis. God delays Jesus, i'etui'n, not wisliing any to perish biit all to come to eleri)al life. But i'eturn he will, to judge tlie liviiig aiid th¢ dead, lo ushcr in tlie iiew heaven and i)ew eaitli. to call Iiis servants to account aiid io receive them into glory. Amei). Come Lord Jesus. Intrnducijjg the Becontree Estate to Jesiis
BECONTkEE CHURCH April 2023-24 Activities: Disci letshi We stai'ted at Easter '23 looking at the Bible's evidence for the death and iESUiTCCtion of Jesus, as told by Mark. Our Inain Suiiday teaching this year lias bcei) from the bible books Daniel & Jnes. Midweek small 0upS in homcs have been going well. By the end of the year we liad ihree groups - two that meet in Dagenham, and one in Barking. Oulreach We liave been visiting new residents of developments. We go out as half a dozen iii tlie church, every otlier Suiiday. Conversations continue to show people liavc a general lack of knowledgc about tlie Clii'istiaii faitli, ai)d the Bible. We meet many people with very difficiilt ii'cuinstaiices, who appreciale having someoiie to talk to, Often our convei'satioiis lead io us being able to sliare the hope tliat we have, through tliis life aiid for the next, in Jesus. Schools work Tliei'e has continued to bc a good handful of opportunities tl)roughout the yeai., to suppoit ICS l and KS2 ii) local priinary scl)ools in oiir locality, as tliey teacl) the syllabiis of religioiis educatioii. One infant school has regular Moiiday assemblies where we are invited to teacli a bible story. Anotlier pi'imary scliool Iiad lis visit their reception class at Christinas. Yet aiiothei. school camc for 'The Bethleliem Expei'ience, iii Decembei., aiid invited us back for assembly at Eastei.. This yeai., we applied for aiid received fiinding for a ' Scliools and Families Woi'ker,. Yoiith & Childi'en We had good nuinbers at oui. weekly term time gi'oiip. Particularly siblings and groups of friends. They looked at God's creatioi) in Genesis. and theii spent the rest of the year in Mark's gospel. A new volunteer caine onto tlie team, gave l)is first talK and theii sei'ved as a leadei. on a local I'esidential for 8-10's dui'iiig May, Oil Sundays, the challeiige has been a much widei. age raiige- with 8-10's aiid 4-5's botli in tlie sainc group. We liave pi'ovided support to St G¢orge's Churcli Dagenliam, with Iielp running tlieii. kids K)Up5 (one day a week), because they did not hav¢ tlieir own full tiine Childi'en's ai)d Families Worker, PrLynij.ies In JLine 2023 tlie cliur¢h bought the church site (hall and house) from Londoi) City Mission. Tl)e church nianaged to raise sufficient funds to secure a reasonable mortgage intei'est l'ate. With gifts that caine after coinpletion, wc w¢r¢ able to pay off a furtl)er 3.5 % of the lotal cost of piirchase. Tlie building ¢ontinues to be a wonderful place by whicli to conduct the church's Inaiii activities, and invite people on our estate to hear more of the gospel inessage. We ai"e very grateful to God who has provided what was needed, and thankful lo tliose whos¢ h¢w'ts He moved to give generously. IJJttodvcing the Becontree Estate foJesiis
BECONTREE CHURCH Reserves Policy and Risk Management It is oui. policy to maintain a minimuni balance on undesignated funds whicli equate to l year's unrestricted payments io ensure all expenditures are coveied. This is curi'ently set at £30,000.00. This will be continuously revlewed according to the chai'ity's exposure to risk, and the Managcm¢nt Conunittee will put measures in place to manage those risks. We w.e generaljy using surplus income to repay our mortgage. Trustees, responsibilities in relation to the financial statements Charity law reqiiires the trustees to prepare financial staleinents that give a true and fail. view of the state of affairs of the cliarity at the end of the finaiicial yeal. and of its siirplus or deficit foi. the financial year. lil doing so the trustees are required to: Select siiitable accounting policies and then apply tliein consistently. Make judgjnents and cstiinatcs tliat are rcasonable and prudent Pi-epare the financial statements on tl)e going concern basis iinless it is inappi'opriate lo pi'esuine that the cliai'ity will continue in business. Thc trustees are responsible for maiJ)tainii)g propel. accouiitiiig recoi-ds, wliicli disclose with I'easonable accui'acy at any time the financial position of the cliai-ity aiid enables them to eiisLlI'C iliat tlie financial stateinents coiiiply will) Ihe Companies Act 1985 and 1989. The ti'ustees al'e also responsible foi. safeguardiiig the assets of ille Charity and l)eiice for takiiig reasoiiable steps for tlie prevention and detection of fraud aiid otliei. ii-regularities. Jasoii Freemaii Chairinan Date: l O, Deceinber 2024 Intmdiicing the Beconttee Estate to Jesus
BECONTkEE CHURCH Inde endent Examiner's re ort to the trustees of Becontree Chur¢b I report on the accounts for the year ended 31 st March 2024, which are set out on pages eight to eleven. Responsibilities and basi5 of report As the chaiity's trustees you are responsible for the preparation of the accounts in accordance with the requiiements of the Chaiities Act 2011 ('the Act,). I have examined your charity's accounts as required undei. section 145 of the Chai'ities Act 2011 ('the Acl,). In canyiiig out iny examination I have followed the Directions given by the Chaiity CommissRon undei. section 145(5)(b) of tlie 201 l Act. My role is to state whether any material matters have come to my attention giving me cause to believe: thal accounting records were not kept as required by section 130 of the Act. or that the accounts do not accord witli those recoids; oi. that the accounts do not comply with the accounting i'equii'enients of ihe Act. or that there is further information needed for a proper understanding of the accounts. Independent examiner's statement I Iiave completed my examinatioii and have no concerns in respect of the matte1% (l} to (4) listed above and, in connection with following the Directions of the Chai'ity Commission I have found no Matters tliat Yequire drawing to your attentioii. Natalie Floyd ICAEW Cobbin Floyd Limited Chaitered Accountants 15a Station Road Epping Essex CM164HG Inttoducing the Becontree Estate fo Jesus
BECONTREE CHURCH Statement of Financial Activities BECONTREE CHURCH Statement Of Financial Activities for the Year Ended 31 March 2024 2024 2023 Unrestricted Restricted Designated Total Total Funds Funds Funds Funds Funds Incomlng Resources Becontree Others Rent- Incoming Capital Fund Youth Fund Maintenance Fund £200 PM Gift Aid TOTAL INCOMING RESOURCES Resources expended LCM Centre Rent Housing /Council Tax Notes 35,335.00 13,130.52 21,481.84 18,000.00 815.14 1,400.00 35335.00 13130.52 21481.84 18000.00 815.14 1400.00 48049.26 291981,01 0.00 0.00 0.00 0.00 6,143.20 96,305.70 6143.20 96305.70 24766.01 364796.28 -5000.00 9597.70 9,203.56 9,203.56 Monthly Interest 18,342.44 0.00 18,342.44 Youth Spends 71.17 0.00 71.17 Evangellsm 616.55 1107.60 616.55 Maintenance Costs Energy Costs 0.00 0.00 4,854.75 4,854.75 Salaries 35,453.53 31436.16 35,453.53 HMRC PAYE/NI Taxes 4,397.40 3776.53 4,397.40 Expenses 1,642.88 10980.35 1,642.88 Pension Payments 649.55 432.88 649.55 Consumables 333.23 124.25 333.23 Conferences 420.00 225.00 420.00 Subsidies Co-mission Partnership Building Deposit Staff Expenses /Ministry Trainee Costs 75.00 3000.00 0.00 2560.00 625.00 625.00 Inttoducing the Becontree E5tA¢e toJesus
BECONTREE CHUkCH 894.02 Insurances 227.23 894.02 Legal fees Mission Partners Accuntancy Fees 180.00 0.00 696.00 732.00 732.00 Depreciation Collections and Appeals Total Resources Expended 0.00 1684.50 78,236.08 61103.20 78,236.08 Net incoming/{outgolng) resources 18,069.62 303693.08 18,069.62 Balance Sheet 8ECONTREE CHURCH alanco She8t as at 313t V4rch 2024 Unrestrlcted R08trkted Deslgn•t•d FIXED ASSET8: Church Hal TawbKg Assets IWgLaFtpl Tot•1 ffix•d as8etg 80S,945.41 805.945.41 805 945.41 805 945.41 CURRENT ASSETS: Debtus Cash al Bank aTrJ In hd Totsl curr•nt ag8ets 21 87179 21 873.79 4B6 226.07 486 226.07 Cr•dttor$: Anut)ts faKrvJ w4Vin y 2 513.97 2 513.97 303.83 Net currenl assgtsllltabllitl•Jl 19,359.82 481922.24 Total awls 1088 curr•nt 113bllll 825.305.fJ i 821305.rJ 485,922.24 Credltors: Annts la*rg due one year 321.313.37 321.313.37 Not 888gts 603 991.86 503 991.86 485 922.24 Funds of th• Charlty Unrestricted fmds Re8tri¢tsd funds Dignated funds Prior Year Adj.us¥ts 50iW.86 1 503.991.86 102,648.24 383,274.00 Toial FundB $03 991.86 S03 991.86 485 922.24 BARRY SANDERS Oat& of roval= 16lh Au ust 2024 10 Introducing the Becontree Estgte to Jesus
BECONTREE CHURCH Notes to the Accounts BECONTREE CHURCH Notes to the flnancial statefflents fof the year ended 31 March 2024 Uniestricted Restricted Oe$lgnated Funds Funds Fund$ 1 Credltors.. Amounts falling due wiihin 1 ye¥ (Unpre sen18d Cheques) HMRC - &IIFLEY Rob Salary couniancy Fees Pension LCM Rent fof Dawson Cenlfe 52.63 1.647.42 732.00 81.92 52.63 1.647.42 732.00 81.92 392.17 696.00 2,513.97 2,513S7 303,83 2 CrèdltOTS: Amounts falling due after 1 year )rtg3ge 321,313.37 321.313.37 321.313.37 321,313.37 U nrestrlcted Reslri¢led Deslgnated Funds Funds Funds IILO 2 023. 3 Reveiiue Reserve Nel nvennI in funds Tolal funds brought foThvaid Tols1 lund$ carried fOard 18,069.62 102.648.24 383274.00 120.717.86 383274.00 18.069.62 303,693.08 485.922 24 182.229.16 503,991.86 485,922.24 Inimdijcing Lbe Becontree Estate toJesus
BECONTREE CHURCH Notes to the financlal statements for the year ended 31 March 2024 Accountlng Policies (a) Basls of accountlng These financial statements have been prepared under the historical cost convention and in accordance with the Slatemenl of Recommended Practice, Accounting and Reporting by Charities{SORP2005) issued in April 2005. applicable Accounting Stsndards and the Companies Act 2006 The accounting policles have not changed during the year. {b) Grants Grants are recognised in the Stalements of Financial Activities (SOFA) on an accrual basis following the satisfaction of any pre-conditions. (c.) Fundralslng and Donatlons Fundraising and donations include contributions made towards expenses incurred and the provision of facilities used by the charitable company. These are valued at their value to the Charity and are Included in the financial statements on a receivable basis. Id) Glfts In klnd Gifts in kind donated for dislribulion are included at valuation and recognised as income when they are distributed to the projects. Grfts donated for resale are included as income when they are sold. (é) Other Income Other income is recognised in the financial slatements when received. (fj Resources expended Expenditure is recognised on an accrual basis inclusive ofVAT which cannot be recovered. Certain 8xpenditure that is directly attributable to specific activities have been wholly included in those categories. Other costs which are attributable to more than one activity are apportioned across cost cal8gories on the basis of the proportlon of time spent by staff on those activities. In preparing these accounts no monetary value has been attributed to Ihe work performed by volunteers in accordance with SORP 2005, although their work is considered viial lo the activities of the charity. {g) Capitallsatlon Expenditure on repairs, renewals. plant, m8Ghinery, fixtures, fittings, equipment and donated goods which exceed £500 are capilalised. (h) Tanglble fixed assets and depreclatlon Tangible fixed assets are stated at cost. Depreciation is provided on all tangible assets at rates calculated to write off the costs on a straight-line basis over their expected useful economic lives as follows.. Furniture, equipment, fixtures and fittings 12.5°A per annum Computer Equipment 25¥0 per annum (l) Taxatlon No provision for laxation is included in the financial statements as the charity is entitled to exemption from tax afforded by Section 505 of the Corporation Taxes Act 1988. U) Fund accountlng Undesignated general funds are funds which can be used in accordance with the charitable objecls at Ihe discretion of the trustees. Designated funds are funds which are earmaiked for a specific project Restricted funds can only be used for particular purposes wilhin the objects of the charity Restrictions arise when s ecified b the donor or when raised for articular restricted ur oses. 12 Introdilcing the Beconttee Estate toJesus
BECONTrEE CHURCH 13 Intniducmg the Becontree EstAte to Jesus