Luton Central Baptist Church Annual Report to the Charity Commission
In this report the trustees of Luton Central Baptist Church present their report and
financial statements for the 2023 calendar year.
Registered Address.. 52a Park Street, Luton, LU13ET
Church Office Telephone: 01582 422 635
Charlty Reglstratlon Number: 1155929
Trustees:
Mrs Kemi Adesida Ifromjanuary to December 20231,
Mr Samson Akinola {elderl,
Mr lan Benjamin lelderl.
Mr Oral Carrington {fromJanuary 20231,
Mr Steve Conybeare,
Mr John Evans Itreasurerl,
Dr Patrice Evans (elder. from January 20231,
Rev Andrew Gale (minister, resigned March 2023).
Ms Elizabeth Oyedemi,
Ms Melanie Quinn,
Mr Erwin Tadiar (secretary. elder, resigned March 2023),
Mrjoshua Uthayaseelan.
Property Trustees:
The Baptist Union Corporation Limited, Baptist House, 129 Broadway, Didcot,
Oxfordshire, OX11 8RT
Banker&
Our main bank is Lloyds George St Luton13095281 Branch, Lloyds Bank plc. PO Box 1000,
BX1 1LT
Church organisations have funds with a number of other banks, and the church has
substantial funds with the Coventry Building Society, Kingdom Bank, Green Pastures. and
with the Baptist Union Corporation.
Independent Examiner:
Mr Moses Oluniyi Peters FCCA, Moses Peters & Company. 136 Southwyck House.
Moorland Road. London, SW9 8UR
fTusteesAnnuul Repotr Luton Centrol 8optist Church
Puge l of 3

Charitable Objert:
The charity is governed by a constitution adopted 20 July 2010 which states that our
principal purpose is the advancement of the Christian faith according to the principles of
the Baptist denomination. The church may also advance education and carry out other
charitable purposes in the United Kingdom andlor other parts of the world. The church
occupies premises which are held by the Baptist Union Corporation Ltd. on Trusts which
are entirely compatible with the above object.
Organisational Strurture and Declslon-making Processes:
Members of the church are accepted in accordance with the constitution which requires
them to be or to have been publicly baptised on the profession of faith in Jesus Christ, or
following other modes of baptism to renew their public profession of faith in Jesus Christ.
The church members meeting normally takes place six times per year and has
responsibility for the overall policy of the church. Since the pandemic members have
been able to participate in meetings via Zoom. In accordance with the constitution, the
members appoint up to twelve deacons, who together with the minister and elders (who
are also appointed by the members), are responsible for the day to day running of the
church and the financial and legal aspetts of the charity. The elders along with the
minister also provide spiritual guidance for the church and its members. All members
are encouraged to take an appropriate part in the spiritual and practical tasks involved in
the furtherance of the charitable objertives,
Relevant matters may be submitted to the church meeting by the trustees for guidance,
or may be raised by members at the church meeting for further consideration by the
trustees. Though the constitution permits decisions to be made at church meetings by
appropriate majorities, the church seeks to work by consensus wherever possible.
Objectives and Activities:
In order to achieve the principal objective which is set out above. the church provides a
variety of activities which are available both to its membership and to the community
generally. Central to the work and witness of the church is the provision of regular public
services of Christian worship which take place on Sundays at 10.45 am with online access
via Facebook. Services also take place at Perry Green Baptist Chapel, our branch near
Kimpton.
The church Seeks to be a friendly and welcoming community and anybody is free to
attend any of these services online or in person. The aim is to show the love of Jesus
Christ in both word and deed and to bring people into a closer relationship with Him as
living Lord. During 2023 our motto text was "Jesus Christ is the same yesterday and
today and foreverf from Hebrews 13.8.
TrusteesAnnual Report Luton Centrol 8optist Church
Poge2 of 3

There are various activities for children and young people, such as Sunday School, a
mum's and toys group, and Boys, Brigade and Girls, Association that serve a large
number of families not otherwise connetted with the church. Anybody working with
children or vulnerable adults is appropriately vetted with regard to the Criminal Records
Bureau.
The church is dependent on its membership working as volunteers in all aspetts of the
church's attivities, many of which run with little or no impact on the church's expenditure,
but nevertheless contribute substantially to the achievement of the church's objectives.
Flnanclal Review.
The financial results for the year, together with a Summary of the accounting policies
adopted are set out in the accompanying financial statements. This report is followed by
the independent examiner's report. and then by the church accounts.
The church raises the funds necessary to carry on its activities from within its own
membership and congregation,. no wider public appeal for funds was made during the
year. We normally contribute considerable sums to other charities, local, national and
international, both through special collections and by setting aside money from our
normal income for this purpose. Apart from the giving of the congregation, (and gift aid
thereon) the only other source of income is rent from the flats we own in Caddington.
and from others using our building or car park.
The most significant expense is related to the Salaries of our staff, normally including a
minister, a family worker, administrative assistant and cleaners. All but the first of these
posts is part-time. At present the money that would have been used to pay a minister is
now placed in a deposit account at Kingdom Bank and our financial Situation seems
stable.
Approval:
Signed by two trustees on behalf of all the trustees
J EVANS.
I BENJAMIN
Date ofapproval: OLF crr 2cY24
TrusteesAnnutil Report.- Luton Central Buptist Church
Poge 3 of 3

**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LUTON CENTRAL BAPTIST CHURCH (CHARITY NUMBER 1155929) ON ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023 SET OUT ON PAGES ONE TO ELEVEN** 

I report to the trustees on my examination of the accounts of the above named charity for the year ended 31[st] December 2023 set out on pages one to eleven. 

## **Responsibilities and Basis of Report** 

As the charity trustees of the above named charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the above named charity’s accounts carried out  under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 which gives me cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 130 of the Act or 

- 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. 

## **Signed:** 


**Date:** 4[th] October 2024 

**Examiner's Name:** Mr Moses Oluniyi Peters 

## **Relevant Professional Qualification:** FCCA 

**Relevant Professional Body:** Association of Chartered Certified Accountants 

**Address:** Moses Peters & Company Chartered Certified Accountants 136 Southwyck House Moorland Road, London SW9 8UR England 



LUTON CENTRAL BAPTIST CHURCH
INCOME AND EXPENDITURE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOME
General:
Offerings
Gift Aid Tax Re-
Claimed (Note 101
Various Donations
Caddington INote 151
Miscellaneous
Parking
Amazon Smile
Church Hire
2023
2022 EXPENDITURE
Pastoral & Evangelism:
85,549 Minister
Administrative Assistant
15,301 Family Worker
175 Speakers
9,806 Youth Work Costs (Note 121
90 Pastoral & Evangelism
1,400 Music Ministry
32
12.808 Total
2023
2022
83,831
7,333
1,900
14,194
2,393
3,076
1,068
1,499
37,298
4,602
13,108
328
2,159
534
957
20,951
3,075
12,542
51
1,215
29
13,258
31,463
58,986
Total
134,952 125,161 Premises (Church Building}:
Lighting, Heating & Water
Maintenance
1,111 Gardening
120 Insurance
1,231 Cleaning Costs
Total
14,934
1,914
3,270
4,199
9,556
33.873
8,118
3,128
2,125
3,252
7,253
23,876
Specific DonatSons:
BMS
Home Mission
Total
1,129
130
1,259
Speclal Collection5:
Harvest
Christmas
Leaving Gift
Various
Communion Fund
Manse Expenses:
355 Energy & Water
248 Insurance
O Council Tax
200 Maintenance
1,827 New Manse Survey
Total
819
779
195
114
273
660
1,998
3,658
2,229
8,818
263
885
50
1,071
1.907
Tot31
2,269
2.630
Administration:
Stationery, Print, Postage & IT
1,600 Photocopier
Telephone
Miscellaneous INote 131
Total
Investment Income:
Green Pastures
3,298
2,683
883
5,166
12,030
2,053
2,627
640
5,069
10.389
1,600
Activities & Donatlons:
Special Collections
Transfer To Communion Fund
BMS
Home Mission
Leaving Gift
Various Donations
Total
299
1,071
6,451
5,445
885
5,468
19,619
1,352
1,827
6,558
5,312
15,049
Total C/Fwd
140,080 130,622 Total CIFwd
98,892 117,118

LUTON CENTRAL BAPTIST CHURCH
INCOME AND EXPENDITURE ACCOUNTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOME
2023
2022 EXPENDITURE
2023
2022
Total BIFwd
140,080 130.622 Total BIFVAI
98,892 117,118
Transfer From
Repairs & Renewals
Fund:
Replacement TV &
Brackets
Transfer To
Repairs & Renewals
Fund:
Caddington Income
12,542
9,806
332
Transfer To
Ministry Fund
27,936
Surplus For The Year
1.042
3,698
Cumulative Total
140,412 130,622 Cumulative Total
140,412 130,622

LUTON CENTRAL BAPTIST CHURCH
BALANCE SHEET AS AT 310ECEMBER
2023
2022
TANGIBLE FIXED ASSETS:
Properties & Other Fixed Assets (At Costl
Caddington Flats (At Costl
Total Tangible Fixed Assets
Notes
516,007 516,007
245,000 245,OCM)
761.007 761,007
CURRENT ASSETS:
B U Corporation Trust Fund TL076
Green Pastures Unsecured Loan Stock
Coventry Building Society Account: Balance Held
Lloyds Bank Current Account- Balance Held
Lloyds Bank Deposit Account- Balance Held
Baptist Union Deposit Account.. Balance Held
Kingdom Bank Account.. Balance Held
Total Current Assets
55,365
40,000
85,239
58,644
8,015
52.958
21,924
322,145 261,768
53,767
40,000
84,562
24,701
7,945
50,793
16
TOTAL ASSETS
1.083.152 1,022,775
REPRESENTED BY
BUILDINGS FUND:
Church Building
20 & 23 Collings Wells Close
New Church Improvements
Fixed Assets Purchased
Total Buildings Fund
478,896 478.896
245,¢X)0 245,ocK)
9,011
9,011
28,100
28,100
761.007 761,007
B U CORPORATION TRusf FUND
55,365
53.767
OTHER FUNDS:
General Fund
Communion Fund
Repairs & Renewals Fund
Projects Fund
Perry Fund
Ministry Fund
Thursday Afternoon Fellowship
Total Other Funds
49,616
48,574
5,101
5,380
30,050
17,840
137,851 134,939
14,937
28,132
1,093
1,268
266.780 208.IXII
14
TOTAL FUNDS
1,083,152 1,022.775
The Financial Statements were approved by the board of trustees on 1st Ortober 2024, and
were signed on its behalf by:
Trustee'5 Name:
Signature..
Trustee's Name-
Signature..

LUTON CENTRAL BAPTIST CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
Atcountlng Policie5
The actounts have been prepared on the historical cost, and receipts & payments
basis. No provision has been made for depreciation in these accounts.
Tangible Fixed A55et5
Values for the freehold land at 52A Park Street, and for the Manse at 59 Oakley Rd
do not appear on the balance sheet, as the cost or valuation at the time of transfer
to Central Baptist Church is unknown.
The land & the church building at Park Street, Luton is used for Christian Religious
activities. The church building was constructed in 1986, and is currently insured for
fire and other risk5 for £3,836,84212022.. £3,707,054).
The chapel at Perry Green, near Luton, is built on land held on a deed of grant. It
cost £18,813 to build in 1986. The chapel is used for Christian Religiou5 activities,
and is currently insured for fire & other risks for £2(x),66912022: £193.8811.
The cost was completely amortised at the time of building.
The Manse at 59 Oakley Road. Luton provides attommodation for the incumbent
Minister employed by the Church. It was built in about 1937, and is currently
insured for fire and other risks for £471,81212022.' £464,839).
Two flats at numbers 20 & 23 Collings Wells Close, Caddington, were purchased in
2016, and are held on lease from Central Bedfordshire Council. At the time of
purchase, 98 years remained on the lease. Each flat is insured by the council for a
sum of £90,000. They are let to tenants through Town & Country Markyate Ltd.
2023
2022
Freehold Buildlngs @ C05t: Church at Park Street, Luton
Leasehold Properties @ Cost:
20 Collings Wells Close, Caddingto
23 Collings Wells Close, Caddingto
Other Fixed Assets @ Cost:
Organ & Piano
Fixture & Fittings
Other Equipment
Dishwasher
New Amplification Equipment
New Cooker
New Entrance Doors
Total Tangible Fixed Assets
439,658 439,658
122,500 122,500
122,500 122,500
30,132
30,132
19,930
19,930
5,774
5,774
2,753
2,753
3,928
3,928
7,430
7,430
6,402
6,402
761.007 761,007

LUTON CENTRAL BAPTIST CHURCH
NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
U Corporation Trust Account TL076
Opening Balance BIF
Interest
53,767
1,598
52,947
820
Closing Balance CIF
55,365
53,767
General Fund
Opening Balance 8/F
Surplus For The Year
C105ing Balance CIF
48,574
1,042
49,616
44,876
3,698
48,574
Communion Fund
Opening Balance BIF
Offerings During The Year
Interest Isee Note 111
Payments Made
Closing 8alance CIF
5,380
1,071
4,383
1,827
50
-880
5.380
-1,350
5,101
Repairs & Renewals Fund
Opening Balance BIF
Transfer From General Fund
Interest Isee Note 111
Replatement TV & Brackets
17.840
12,542
7,873
9,806
161
-332
Closing Balance CIF
30.050
17,840
Projects Fund
Opening Balance BIF
Interest (See Note 111
Closing Balance CIF
134,939 133,694
2,912
1,245
137.851 134,939

LUTON CENTRAL BAPTIST CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Perry Fund
Transfer From Branch
Income
13,744
2,414
-1,221
14,937
20
14,957
Expenses
Balance Held by Central
Cash Held at Branch
Closing Balance CIF
Minlstry Fund
Interest (See Note 111
Transfer to Ministry Fund
Closing Balance CIF
196
27,936
28,132
io
Gift Aid Tam Reclaimed
Received during the year.. Gift Aided Offerings
Received during the year.. Small Donations Scheme
18,951
2,0
13,973
1.328
Total gift aid tax reclaimed included in the Accounls
20,951
15,301
li
Interest Recerrfed
Lloyds Bank Dep051t Account
Baptist Union Deposit Account
Kingdom Bank Account
Coventry Building Society Account
Total received during the year
70
2,165
196
677
3.108
793
671
1,468
Apportloned to:
Communion Fund (See Note 51
Repairs & Renewals Fund Isee Note 61
Project Fund (See Note 71
Ministry Fund Isee Note 91
TAF (See Note 141
Total Apportioned
50
161
1,245
2,912
196
12
1,468
3,108

LUTON CENTRAL BAPTIST CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
12
Youth Work Costs
Youth Activities
1,778
1,074
Family Work/Me5sy Church
184
Boys Brigade
1,298
901
Total payments Included in the Accounts
3,076
2,159
13
Mistellaneous Expenditure
Bank Charges
Subscriptions
Payroll Fees
Accounting & Independent Examination Fees
Training
Other Miscellaneous
Total payment5 included in the Accounts
342
803
727
2,976
313
773
801
2,250
40
892
5,069
318
5,166
14
Thursday Afternoon Fellowship
Opening Balante BIF
Expenses
Interest Isee Note 111
1,268
-175
1,426
-170
12
Closing Balance CIF
1,093
1,268
15
Flats at 20&23 Collings Well Close, Caddlngton Rental Income
Gross rental income
Management fees
Maintenance
Amount received from Managing Agent
Council Service Charge
Council Tax
17,400
-2,175
-678
14,547
-2,005
14,702
-2,337
-1,017
11,348
-1,408
-134
Net rental income included in the Accounts
Estimated return on total cost for a full year:
12.542
5.1%
9,806
3.7%

LUTON CENTRAL BAPTIST CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
16
Lloyds Bank Current Account: Balance Held
Actual balance per bank statement on 1st January
Cheqtjes not yet cleared from the account
24,701
62,670
-2,250
Opening balance held on the account
24.701
60,420
Actual balance per bank statement on 31st December
Pending deposit to the account
57,328
1,316
24,701
Closlng balance held on the accounl
58,644
24,701
17
Golng Concern
The charitws trustees have made appropriate enquiries, and reviewed that the
charity has adequate resource5 and sufficient sources of funds available, and are
therefore confident that the charity will continue in operation for the foreseeable
future, and thus, the trustees considered that it is appropriate to prepare the
accounts for the year ended 31 December 2023 on a going concern basis.

LUTON CENTRAL 8APTIST CHURCH
STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
Restrirtedl Org3nl-
Mlnlstry General Deslgnated sations
Fund
Fund
Fund
Fund
Perry
Fund
2023
Total
2022
Total
Incoming Resources
Offerings
Donations
Bank Interest
BMS & HMF
Special Collections
Subscriptions
Miscellaneous
Communion Fund
Sub-Totals
Transfers In
Totals
104,782
3,075
1,071
2,220 108,073 104,732
3,085
337
4,750
2,313
1,259
1,231
2,480
1,049
835
807
28,695
25,804
1,827
2,414 149,177 138,Iixi
40,810
10,196
2,414 189,987 148,296
io
196
4,510
44
1,259
2,269
61
835
150
28,695
196 140,080
27,936
332
28,132 140,412
5.581
12,542
18,123
906
906
Resources Expended
Pastoral
Premises
Manse Expenses
BMS& HMF
Donations
Special Collections
Other Activities
Sub-Tota15
Transfer to Ministry Fund
Transfer to Repairs & Renewals
Transfer to GB
Trsf to Communion Fund
Totals
31.463
33,873
1,907
11,896
6,353
299
12,030
97,821
27,936
12,542
1,350
332
40
667
32,853
59,985
34,872
23,941
1,907
8,818
11,896
11,870
6,888
1,217
299
1,352
264
13,293
12,191
1,221 102.008 119,374
27.936
12,542
175
iio
250
999
1,109
1,857
10,140
56
1,071
1,827
1.221 143,557 131.397
1,071
0 139,370
1,857
1,109
Net Movemenl in Funds
28.132
1,042
16.266
-203
1,193
46,430
16,899
Funds BIF 1st Jan
48.574 213,194
2.404
13,764 277.936 261,037
Funds C/F 31st Dec
28,132
49.616 229,460
2,201
14,957 324,366 277,936

LUTON CENTRAL BAPTIST CHURCH
Breakdown of Restrirted & Designated Funds
Repairs &
Project Renewals
Fund
Fund
Communion
TAF
Fund
BU Corp
Fund
2023
Total
2022
Total
Fund
Incoming Resources
Offerings
Donations
Bank Interest
BMS & HMF
Special Collections
Subscriptions
Miscellaneous
Communion Fund
Sub-Totals
Transfers In
Totals
1,071
1,071
1827
2,912
1,598
4,510
2288
1,071
2,912
1,598
5,581
12,542
18,123
4,115
9806
13.921
12,542
12.542
1.071
2,912
1.598
Resource5 Expended
Pastoral
Premise5
Manse Expenses
BMS & HMF
Donations
Spetial Collections
Other Activities
Sub-Totsls
Transfer to Central
Transfer to R & R
Transfer to GB
Trsfto Communion
Totals
1,350
1,350
332
880
332
175
175
170
1,350
332
175
1,857
1,050
1,350
332
175
1,857
1,050
Net Move in Funds
-279
2,912
12.210
-175
1.598
16,266
12.871
Funds BIF 1st Jan
5,380 134.939
17,840
1.268
53,767 213.194 200,323
Funds CIF 31st Dec
5,101 137,851
30,050
1,093
55,365 229,460 213,194
io-

LUTON CENTRAL BAPTIST CHURCH
Church Organisations, Accounts
2023
Total
2022
Totsl
BB
JUMP
LIFT
Incoming Resources
Offerings
Donations
Bank Interest
BMS & HMF
Special Collections
Subscriptions
Miscellaneous
Communion Fund
Sub-Totals
Transfers In
Totals
io
io
162
61
80
61
835
81
807
68
393
362
393
372
141
906
1,118
390
1,508
393
372
141
906
Resources Expended
Pastoral
Premises
Manse Expenses
BMS& HMF
Donations
Special Collections
Other Activities
Sub-Totals
Transfer to Central
Transfer to BB
Transfer to GB
Trsfto Communion
Totals
iio
iio
102
484
455
455
60
170
999
1,109
826
928
334
56
455
170
1.109
1,318
Net Move in Fund5
-91
-83
-29
-203
190
Funds BIF 1st Jan
1330
838
236
2,404
2,214
Funds CIF 31st Dec
1,239
755
207
2.201
2,404
li-