L3
London Baptist
Property Board
REPORT OF THE DIRECTORS
and
FINANCIAL STATEMENTS
for the year ended
31st December 2023
Company No. 88218 registered in England
Regislered Office and Principal Office
UNIT C2, 15 DOCK STREET
LONDON E18JN

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS
and FINANCIAL STATEMENTS
$1
for the year ended 31 DECEMBER 2023
Offlc•rs and Key M•nagom•nt P?rnonn•l:
ChaAm?an.'
Revd PAUL A WINCHESTER, ACIB MCT
(until 31 December 20231
Mr OAVIO K READER BA PGCE ACIB CITA IMIEXI
Ifrom 31 D*￿Mb0[ 2023)
rre8surer.'
Mr ANTHONY J A PIKE, MA FIA FCSI
Twst Officer
Mr J MARTIN SHAW. JP Dip LS Cert BFM
so1￿￿10r$."
C8rter Lemon Camerons LLP. 3" Floor, 20 King Street. London. EC2V 8EG
SuTreyors,'
R8pl•ys LLP. 66 Sl James's Street, Sl Jamos's. London, SW1A 1 NE
Bankers."
Barclays Bank pl¢, 88rcl•ys Comm¥rcial Bank, 1 Churchlll Place, London, E14 SHP
Audilor.-
Jacob Cavenagh & Skeel. Chartered Accountsnt$
5 Robin Hood Lane, Sutton. SM1 2SW
Contenls
Page
Report of the Dir¢¢lors
Directors at 31$1 December 2023
Report of the Auditor
Stalernenl ol Financial Activitses {induding Income and Expenditure Account)
Balance Sheet
Statement of Cash Flows
Notes lo the Financial Slalements
Churches and Associabons for which the
Company ads as Custodian Trustee
10
11
12
13-20
21-23

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS
The direetors present their annual r8POrt and the audited financial slatements for the year ended 3161 December
2023, which have been prepared in accordance with the Companies Act 2006 and in accordance with the
Charities Statement of Recommended Practice {Charities SORP IFRS 1021) and Financial Reporting
Standard 102 (FRS 102}.
AIMS and OBJECTIVES
The prin¢ipal object for which the company was fomied in 1906 is sel out in the company's Memorandum and
Articles of Association:
The advancement of the Christian religion in particular by the means and in accordance with the
principles of the Bapli$l denomination.
In furthering this alm. Ihe company seTV8S the work of the Baptisl denorninalion by
(al acting as custodian or holding trustee for churches and other organisations associated with the
Baplisl denomination". and
(b} operating a deposit and loan fund in order lo make loans available to churches in membership
with the London Baptist Association and churches and organi5ations in trust with the company
for the purpose of the purchase. repair or improvements of church propety.
The company operates principally, but not ex¢lu$ively. in London.
The company has continued lo focus on its core tasks Ihroughout the year, including offering support lo
churches with an annual income of over £100.000 as they have registered with the Charity Commission.
HOW THE COMPANY'S ACTIVITIES DELIVER PUBLIC BENEFIT
The directors are aware ol and have regard lo the Charity Commission's published guidance on public benefit.
The company delivers a public benefit by offering services lo lo¢al Baptist chuTches Ihat lacilitate the provision ol
places for public worship and premises from which local churches are able lo serve the needs of the community
in Christian outreach. The company also offers support and guidance lo the trustees of local Baptist churches lo
help them lo comply with the requirements of charity law and to follow best practice in their responsibililies as
charity Iruslees.
In addition lo this any Surplus that does not need to be retained by Ihe company for its continuing work is given
by way of grant lo the London Baptist Associalion ('L8A'I, wilh a recommendalion lo designate a proportion lo
the Baptist Union Home Mission appeal. Both the LBA and Baptist Union are registered charities and serve the
public benefit by the promotion of the Chfistian faith.
The company as holdlng trustee
The company acts as custodian Injslee for 311 churches and certain other organisations as listed at the back of
this document. A reeord of the deeds is maintained to ensure that Ihese assets are segregated from the
company's own assets. In most instances. a trust deed will eslablish the role of the company as the custodian
or holding Iruslee.
Churches began lo resume more nomal levels of operations following the disruption caused by the COVID 19
pandemic. However, th& cost.of-living crisis and in particulaT energy price inflation has affected all churches lo
a greater or lesser extenl. During the year under review, one church closed as a result of dwindling
numbers. four properties were sold, four properties were purchased and taken into Trust. A further nine Leases
were sealed in relation to properties held in Trust. In addition lo this Ihe company continues to give approval
for alleralions to church premises and ils staff offer support lo churches on an increasingly wide range of mallers
as the regulatory environment around property ownership and charity management continues lo evolve.
Page 1

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS (continued)
The Deposlt and Loan Funds
The deposit and loan funds operated by the company serve a public benefit by &nabling churches lo have
access to loan funding in order lo purchase. repair Of improve premises that are used for public worship or that
further the charitable objects of the churches.
Three new loans were agreed by the directors during the year. enabling chuTches to refurbish and PUTchase
manses and develop church buildings.
Following the recovery in 2022 from the impacl of the COVID 19 pandemie, the global economy slowed last
year and the UK economy only grew marginally. The ongoing conflicl in Ukraine and latterly the renewed conflict
in the Middle East weighed on economic aclivity. However, inflationary Pfessures started lo ease and interest
rates slabilised al more normal levels, after being exceptionally low by hislofical standards for several years.
The coming year should see modest growih, with the possibility of interest rates falling towards the year end.
The directors continue to monitor closely the company's investments. with a view lo maximising returns wilhoul
undue risk. and seek lo sel appropriate and equitable rates of interest payable both lo depositors and by
borrowers, laking into account the general interest rate environment and allemalive funding and invgslmanls
available lo our Baptist chur¢h¢s in London.
Ouring the year. the deposit fund increased by £1,946.964 10 £17.605,899 at 31 December 2023 The increase
was in part attributable to a large deposit by the LBA following the sale of piopety of a closed church. The Board's
deposit interest is proving attractive lo churches. which accounts for some of the influx. In addition, chur¢he$ which
have sold properties are leaving the balances with the Property Board while alternative plans lor the funds are
brought forward. In the same period. the loan fund reduced by £312.095 10 £2.745,955. The fall was in large part
the result of repayment of a bridging loan, with only one new loan advanced. Churches conlinve to repay their
loans on lime. and for the present there appears lo be little appetite lor debl given the irbcreased costs of finance
and a degree of wanness around the overall economic environment.
Future Plan$
The company intends lo ¢onlinue ils present activities as rt supports the work of Baptist churches In and around
London and lo earry out its duties as holding trustee ol such churches. For some years. the LBPB Directors have
worked on their strategic objectives. During 2023, the Board launched the new strategy and have sought to build
awareness of the services provided lo churches in twsl. including the circulation of promotional films via improved
LBA website. In 2024, we anticipale building on this impelus. Two other mernbers of Ihe LBA Regional Ministry
Team have been appointed as LBPB Dire¢lors. which will help build capacity. The Board will also be promoting
Ils work to the LBA District Ministers during the summer so they loo can know moTr of the servi¢•s available to
their clusters of churches and ministers.
FINANCIAL REVIEW
The financial results of the ￿rnpany for the year 2023 a￿ Set oul in the accompanying financial statements.
There was a small positive movemenl of funds in the year, after revaluation adjustments. of £1.800 (2022..
positive movement of £72, 695)- The directors resdved during the year lo make a n appropriation of £25.000
to the LBA (2022.. £55,1)OOJ. The direclors have also resolved lo make an appioprialion of £80.000 to the LBA
in the year 2024.
The company does not measure ils success in lems of its financial results but by the measure of how well il
serves the needs of the churches held in Irusl. The financial objective of the company is primarily lo cover the
costs of ils activities through the operalion of the deposit and loan funds. and out of any surplus lo make
appropriations lo the LBA. This objective was met in Ihe year.
Investment Policy and Flnanclal Controls
The direetors maintain a cautious approach to investment. seeking both lo safeguard the ¢apilal held on behalf
of churches and lo retain sufficient short lemi funds to meet Flotenlial demands by depositors or borrowers.
Page 2

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS Icontinuedl
With regard to longer lemi investmenls. the company holds Charifund income unit5 Wlth the intention of
provi¢Ying both income and capital growih. Investments have also been made in propety with the dual aim of
assisting the LBA or particular churches and bringing longer-lenn capital growth for the company.
The short term deposits are currently spread across four financial institutions. wrth returns being kept under
regular review. The concentration nsk is mitigated because deposits with tsvo of the institutions are in money
market funds with substantial diversificats'on of credit risk.
The directors receive monthly reports monitoring cash flow and key financial ratios as a control procedure.
The directors last reviewed and amended their investment policy and financial Control procedures in 2022.
Capital and Resetves
As the principal financial activity of the Company is lo make loans available to churches and organisations {see
"ObjeGts andActivities'8bovel and appropfialions are usuaty only made out of operating profits. the policy is lo
accumulate surpluses realised from the disposal of langible assets and inveslmenls in the General Investment
and Contingency Reserve. This reserve was £2.656.284 al the end of the year. The a¢¢umulaled reserve is
used to support the expansion of the future lending business of Ihe Company and is considered adeqvate to
support the ongoing activities of the company.
Fundralslng pollcy
The company asks all churthes that are involved in a propety transa¢lion to make a donation towards the
expenses incurred by the company. The company also requests a small annual donation to cover ¢osts from
churches for whom the company holds investments as nominee. Other Ihan this. tha company do•$ nol activ8ly
seek third party donations.
GOVERNANCE and MANAGEMENT
Governlng document
The company was created in 1906 by the Councll of the LBA. Tha company is incorporated under the
Companies Acts (Registered No.. 88218), is a registered charity (Charity Registration No.. 2497681 and Is
govemed by ils Momorandum and Articles of Association.
The current Memorandum and Articles of
Associalion were adopted by the company on 23 July 2002. Amendments lo the Articles of Association were
adopted on 25 Novernber 2003 and on 24 January 2006. Further amendments were adopted in 2009 to make
provision relating lo directors. conflicts of interest. Its registered office is Unit C2. 15 Dock Street. London,
E1 8JN.
With effèct from 1 January 2002, all the "A" shares in The London Bapttst Property Board Limited we
Ir8nsferred lo the ownership of the LBA, so that the company is a wholly-owned subsidiary of the LBA.
The Board of Dlrectors
The directors of the company are appoinled by the LBA. The dirgctors who have served during the year and lo
the dale of this report are listed on page 6. In Ihe year 2023. the directors mel on nine occasions. The directors
ontinue to be grateful for the attendance and assistance of representatives of Carter Lemon Camerons
(solicitors} and Rapleys Isurveyorsl.
The directors have received formal training on their legal responsibilities as directors of a charitable company.
In addition, the presence of professional advisers at all meetings continues to ensur8 thal the directors have
access lo help and guidance where necessary in the exercise of their responsibilities. In dealing with loan
applications, the directors are indebled to two honorary Loans Officers.. Mr David Golder and Mr Paul
Scott-Evans.
No director of the company received remuneration of any kind by virtue of holding that office.
Page 3

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS (continued)
Rlsk Management
The company has conducted an assessment of Ihe major risks to which it is exposed and has reviewed these
risks during the course of the year. The main risks identified and managed are-
Inability lo recruit and maintain Directors and siaff wilh appropriate skills lo manage the company
effectively.
Providing incorrect or inadequale advice lo churches in trust with the Board.
Loss of trust or reputation as a result of actions taken by the Oireclors, staff or the wider Baptist family,
leading lo a significant and rapid loss of deposits.
Loss of data through failure of IT systems or financial loss as result of IT system errors.
Loss of competitiveness in deposit rates leading lo a significant and rapid loss of deposits.
Failure lo anlicipale or identify a delerioralion in financial perfomiance.
Churches operating outside the le￿$ ol theif trust deeds, leading lo excessive time and cost
implications for the Board.
The Directors have assessed thes& risks and. where possible, taken measures have been laken lo miligale
risks. including taking of financial appropriate professional advice, through insurance cover and through
regular moniloring and reporling performance. The Directors recognise that some risks identified are outside
their direct control.
Stafflng
The key managemenl personnel of th• company as listed at the front of the report are in charge of directing,
controlling. running and operaling the charity on a day lo day basis. Remuneration ol key management
personnel 1$ set with reference to available market information for similar roles. including within the Bapllsl
denomination. The LBA Directors have fomial responsibility lo agree senior management salaries.
The day lo day work of the company is conducted by ils slaff. who have continued lo serve the company
effectively and efficiently through the ¢ourse of the year.. Mr Martin Shaw (Trust Officer). and Ms Deborah Scoll
(Finance Officer). The company also benefited from the work of the LBA Administrator. Mr Norrnan Kincaid
until his retirement in July last year. and his successor. Ms Laura Tomlinson, and the L8A Regional Ministry
team.
Related partlos
The company is a wholly-owned subsidiary ol Ihe LBA. The staff working for Ihe Company are employed by the
LBA but undertake duties by agreemenl lor the company. All their ¢o$ls for work for the company are fully
reimbursed lo the LBA. The company provides financial support lo the LBA through an annual appropriation
from available Sufpluses. The work of the company is viewed by the directors of the LBA as an integral part of
the support and guidance Ihal the Association is able lo offer to 11$ member churches.
Page 4

THE LONDON BAPTIST PROPERTY BOARD LIMITED
REPORT OF THE DIRECTORS {conlinuedl
DIRECTORS. RESPONSIBILITIES
The director5 are responsible for preparing the annual report and the financial sl8temenls in accordance with
applicable 18w and United Kingdom Ac¢ounting Slandards (Uniled Kingdom Generally Accepted Accounting
Policies).
Company law requires the directors lo prepare finan¢ial ststements for each financial year. Under that
law the directors must not approve Ihe financial statements unless they are satisfied that they give 8 true
and fair view of the slate of affairs of the charitable company and of incoming resources and application ol
resources, including the income and expenditure of the charitsble company for that period. In preparing
these financial statements the direelors are ￿qUIred lo..
select suitable accounting policies and apply them ￿nsistenI1y.
observe the rnelhods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent.,
slate whelher applicable UK Accounling Standards have been followed. subject to any material
departures disclosed and explained in the financial slalemenls: and
prepare the financial slalemenls on the going concern basis unless il is inappropriate to presume that
the company will ¢onlinue in ils operalions.
The director5 are responsible for keeping proper accounting records which disclose with reasonable accuracy al
any lime the financial position of the charitable company and enable them lo ensure that the financial ststements
comply with charity law and the Companies A¢1 2006. They are also responsible for safeguarding the assets of
the charitable ¢ompany and hence for laking reasonable sleps for the prevention of Iraud and other
irregularities.
The directors are responsible for the mainlenan¢e and integrity of the corporal& and financial information for the
company included on the L8A website.
DISCLOSURE OF INFORMATION TO THE AUDITORS
In so far as the Directors are aware al the lime of approving our Directors, Annual Report..
There is no relevant information, being infomalion needed by the auditor in connection with preparing
their report, of which the charity's auditor is unaware., and
The Trustees, having made enquiries of fellow directors and the charity s auditor that they ought lo have
individually taken, have each taken all sleps that helshe is obliged lo lake a$ a Director in order to make
themselves aware of any relevant audit inlormalioD and lo establish that th8 auditor is awar8 of that
information.
AUDITORS
The directors intend lo re-appoint Jacob Cavenagh & Skeet as auditors of the company for the ensuing year.
SMALL COMPANY
The above feport has been prepared in accordance with the Special provisions of Part 15 of th8 Companies Ael
2006 relating to small companies.
Slgn
on bèhalf of the Diractors
Anthony J A Plke
Director
30 April 2024
Page 5

THE LONDON BAPTIST PROPERTY BOARD LIMITED
DIRECTORS DURING THE YEAR ENDED 3151 DECEMBER 2023 AND TO THE DATE OF THIS REPORT
The following Direclors served throughout the year and to the date of this report. except as shown=
Rev Paul A Wlnchestor BD ACIB FCT {Chaim)an until 31 December 20231
Former Regional Managing Director, UK and Europe, National We5tminsler Bank plc. Fornier Minister
land Truste6} of Stone Baplist Church. Dartford. Member of Crayford Baptist Church.
Mr David K Readèi BA PGCE ACIB CITA IMIEX) (Chairman from 31 December 20231
Formerty Regional Direelor, Transaction Services .' National Westminster Bank PLC. Managing Director
DKR Trade Training & Support Limited. Member of Edmonton 8aplist Church
Rev Phlllp E Bamard 8Th
Regional Minister (Team Leader). London Baptist Asswatson. Member of 8aptists Together Core
Leadership Team and Baptist Union Council. Member of Milcham Lane Baptist Church.
Rev Joshua J Kan• BA MA (from 12 September 2023)
Regional Minister. London Baptist Assoaalion. CtrPaslor Mill Hill Easl Church. Director of Dockyard
Collective
Rev Clalre Nlcholl¥ 8S¢ PGCE MA (from 12 September 2023)
Regional Minislor, London Bapts'sl Assouation. Member of Joint Public Issues Team Strategy and Poli¢y
Group188plisl Union. Melhodisl Church and URC). Member of Trinity Baptist Chur¢h. Bexleyheath.
R•v Mlch••l B Mensah Msc ACCA (from 16 Marth 20241
Minister, Brockley Baptist Church
Mr Olusègun O Obldlpe ACMA MBA
Chartefed Management Accounlanl. Senior Partner of Graceolu & Co. Dire¢lor of Baptist Union
Corporation Lld. Directorrrreosurer of Conning Hall Trust. Member of Harringay United Church-Baptist
Mr Anthony J A Plko MA FIA FCSI (Treasurer)
Fellow of the Institute of Actuaries. Chartered FCSI. Foryner Head of Investments. BP Investment
Management Limiled. Direclor of 8aplist Pension Trust Ltd and Moderator of the Investment
Committee. Trustee of Scripture Gift Mission Pension Fund. Fomier Treasurer land Trusleel of
Croham Road 8aplisl Church. South Croydon. Treasurer land Trustee) of Ihe Parochial Church
Council of All Saints. Otley
Mrs Sylvla C salamanca￿$P5n Bsc MNAEA
Acquisitions & Disposal Manager, London Cily Mission. Formerly Business Manager, Vanet Property Asset
Management Ltd. Secretary (and Trusleel of the London Spanish-speaking Charismatic Baptist Church.
Mrs Monica Sisimayi (nee Muchenal BA, FCCA
Accountant. Treasurer land Trustee) of Sioke Newington Baptist Church.
Page 6

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
THE LONDON BAPTIST PROPERTY BOARD LIMITED
Oplnlon
We have audited the financial ststernenls of The London Baptist Propety Board Limrted (the 'charity'l for the year
ended 31 December 2023 which comprise the Stslemenl of Financial Acltvities, Ihe Balance Sheet, the Statement
of Cash Flows and the notes to the financial slatements, induding a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accountsng Standards, including Financial Reporting Standard 102 The Financial Reporting St8nd8rd 8ppIic8ble
in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial slalements..
give a true and fair view of the stsle of the charitsble company's affairs as at 31 December 2023 and of ils
incorning resources and application of resources for the year Ihen onded..
have been propedy prepared in accordance with United Kingdom Generally Accept8d A¢¢ounting
Praclice.. and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with Intemabonal Slandaids on Auditing {UK) {ISAs IUK}) and applicable
law. Ouf responsibilities under those standards are further described in the Auditor's responsibilities for the audit
of the financial statements section of our report. We are independenl of the charilable company in accordance with
the ethical requirements that are relevant lo our audit of the financial statements in the UK. including the FRC'S
Ethical Standord, and we have fulfilled our other ethical responsibilities in accordanc8 with these fequiremenls.
We believe that Ihe audit evidence we have obtained is sufficienl and appropriate lo provide a basis lor our opinion.
Con¢luslons rfjlatlng to golng concern
In auditing the financial slalemenls, we have concluded that the directors, use of the golng concern basis of
accounting in the preparation ol the financial ststements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relatlng to events or
conditions that. individually or collectively, may cast significant doubt on the Charity's ability to continue as a going
concern for a period of at least 12 months from Wh￿ the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors wrth respect to going concem are described in the
relevant sections of this report.
Other Infomiation
The other information comprises the infomiation included in the annual report, including the directors, report, olher
than the financial statements and our auditor's report thereon. The directors are responsible for the other
information contained within the annual report. Our opinion on the financial slalements does not cover the other
information and, except lo the extenl otherwise explicitly slated in our report, we do not express any form of
assurance conclusion thereon.
Our responsibility is to read the olher information and, in doing so. ¢onsider whelhef the other information is
materi811y inconsistent with the financial statements or our knowledge obtained in Ihe course of the audit, or
otherwise appears to be materially misstated. If we idenlty such material inconsistencies or apparent material
misslalemenls, we are required to delemiine whether this gives rise to a material misstaternent in the financial
statements themselves. If. based on the work we have perfomied. we condude that Ihare is a maleiial
misstatement of this other iriformalion, we are required lo report Ihat fact.
We have nothing to report in this regard.
Page 7

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
THE LONDON BAPTIST PROPERTY BOARD LIMITED (continued)
Opinions on other matters prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit.
the infomation given in the trustees. report. which indudes the directors. report prepared for the purposes
of company law, for the financial year for which the financial slalements are prepared is consistent with the
rinan¢ial statements.. and
the directors. report induded within the trustees. report has been prepared in accordance with applicable
legal requirements.
Mattors on whlch wo ar• raqulred to r•port by •x¢•ptlon
In the light ol the knowledge and understsnding of Ihe charity ar￿ its environment obtained in the course of the
audit, we have nol identified material misslatemenls in the directors. ￿POrt in¢luded with th& directors, report.
We have nothing to report in re$pe¢t of the followng matters in relatlOD to vthich the Companies Act 2006 requires
us to report to you if. in OUT opinion..
adequate and proper accounting rectyds have not been kept, or retums adequate for our audit have not
been received from branches r￿1 visited by us.. or
Ihe financial slalemenls are not in agrèement wtlh the accounting records and retums-, or
certain disclosures of dire¢lors' remuneration specified by law are not made., or
we have not received all the infom)alion and explanations we require for our audit.. or
the difeclors were not entitled lo prepare the financial stalem8nls in accordance with the Small companies
regime and lake advantage ol the small companies exemptions in Preparing the directors, report and from
the requirement to prepare a stral¢gic roporL
R•sponslbllltSes of directors
As explained More fully in the directors, responsibilities statement. the tnJslees' (who are also the d1￿CtorS of the
charitable company for the purposes of company lawl are responsible for the preparation ol the financial
statements and lor being satisfied that they give a true and fair view, and for such inlemal control a$ Ihe Iruslees
determine is necessary lo enable the preparation of finanaal statemenls that are free from material misslalemenl.
whether due lo fraud or error.
In preparing the financial slatemenls, the directors are responsible for assessing the company's ability lo contsnue
as a going ¢oncern, disclosing, as applicable. matters related lo going con¢em and using the going concern basis
of accounting unless the directors either intend to liquidate the wmpany or to c£ase operations, or have no roalislic
allemalive bul lo do so.
Audltorf$ rè•ponslbllltles for the audlt of th• financlal stst8mènts
Our objectivès are to obtain reasonable assurance aboul whether the financial statements as a whole are free
from material mi5slatemenl. whether due to fraud or emr. and to issue an audilorfs report that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always detect a material misstalemenl when il exists. Misslalemenls can arise from fraud or
error and are considered material if. individually or in the aggregate. they could reasonably be expected to influen¢e
the economic decisions of users taken on the basis of these financial statements.
The extent lo vthich our procedures are capable of detectiThJ irregularities. induding fraud is detailed bolow..
Based on our understsnding of the charity, we idenlified that the principal risks of non-compliance with laws and
regulations related to financial reports'ng legislation and we consKlered the exlenl to which non-compliance might
have a material effect on the ffinancial slalements. We also considered those laws and regulations that have a
direct impact on the preparation of the financial slalemenls such as the Companies Act 2006 and the Charilbes Act
2011.
Page 8

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
THE LONDON BAPTIST PROPERTY BOARD LIMITED (continued)
We assessed the susceptibilily of the charitys financial 5talemenls lo material misstatement, including obtaining
an understanding ol how fraud might occur. by making enquiries of management. considering the inlernal controls
In place and discussion amongst the 8ngagemenl team.
We determined that the principal risks were related to making inaccurate electronic banking payments, the
valuation of freehold Property. presentation of separdtely disclosed items aThJ management override of ¢ontrols.
In response to the risks Klenlified we design8d procedu￿$ which included. but were not limited lo reviewing the
controls over electronic banking, Challenging property valuations, agreeing financial statement disclosures lo
underlying supporting documentation. reviewing trustees minutes. evaluating the inlemal controls, and lesling
joumal entries.
There are inherent limitations in the audit procedures described above. The more removed that laws and
regulations are from financial transactions. the less likely il is that we would become aware of non-compliance.
Malerial misstatements thal arise due to Iraud can be harder lo delect Ihan those that arise from effor as they may
involve deliberate concealment or collusion.
A lurther description of our responsibilities for the audit of the financial slalements is located on Ihe Financial
Reporting Council's website al.. htip.'IlvA•M.frc.org.ukJaudrtorsresponsibilitie$. Thi$ description fom$ part of our
auditor's report.
Use of our rèport
This report is made solely lo the ¢haritable compan￿$ members, as a body. in a¢¢oTdance with Chapter 3 of Part
16 of the Companies Act 2006 and regulations made under that Act. Our audit work has been undertaken so that
we might slate to the Charitable companls members Ihose matters we afe required lo slate lo them in an auditors,
report and for no other purpose. To Ihè fullest exlenl permitted by law, we do not accept or assume responsibility
lo anyone other than the charilable company and its mgmb8rs as a body. for OUT audil work, for this report. or for
the opinions we have fomied.
Mlriam Hlckson FCA (Senlor Statutory Audltorl
for and on behalf of Jacob Cavenagh & Ske•t
Statutory Audltor
Chartered Accountants
5 Robin Hood Lane
Sutton
Surr8y
SM1 2SW
Oated: 7o.....m.4..l¢•zII
Page 9

THE LONDON BAPTIST PROPERTY BOARD LIMITED
Registe￿d Charily No.. 249768
Company No.. 88218
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31st DECEMBER 2023
lincorporaling the Income and Expendilure Account)
2023
2022
General
Funds
Deslgnated
Funds
2023
Total
2022
Total
Nolo
Income from:
charitab￿ aclNitiès - Loan interesl
Investments
DonalK)ns and begaci8S
Total Incorne
148.311
707.681
18.370
874 362
148.311
707,681
139,836
208,207
874 362
Expendlture on:
Raising funds
Investment property management costs
10,537
10.537
11,637
Charit8bb 8clwities
Approprot￿n to Lormlon Baptist
Association
Inleresl payabte on deposiis
Support and governance costs
25,C
631,239
25.000
631,239
55.000
184,853
137 746
377 $99
Total expendStur•
815 230
Net {k)sses}Igains on investments
{57,3321
(57,3321
43.082
Not Incom•ll•xp•ndllurel
1,800
12,695
Transfers be￿een funds
Not movement In funds
(341.298)
343.098
1,800
12.695
Reconcillatlon of funds
Fund balances brought forward
9,10 1519 714
2 316 401
3,836 115
3 823 420
Fund balances carried forward
1 178416
2.659,499
3837915
3836115
All of these results relate to continuing activities.
Page 10

THE LONDON BAPTIST PROPERTY BOARD LIMITED
Registered Charity No. 249768
Company No.. 88218
BALANCE SHEET
AS AT 31$I DECEMBER 2023
2023
2022
Note
Fixed assots
TangibK8 assets
Inveslmenls
2.361810
2,361.810
3.064.059
Current assots
Debtors
(including £1,856,465 (2022.. £2.236,907)
recoverable after more than one yearl
Short term deposits - bank
Cash al bank
2,854,670
3,065.461
11.235.834
5011396
19.101,900
6,955,980
6 430 855
16.452.296
Credltors: Amounts falling due
within one year
Net current assets
17614 155
15 668,600
1487 745
783 696
Net assots
13
3 849 SS5
3 847 755
Capltal and re8•Nos
Called up share capital
General Funds..
Income and expendrture account
RevalualK)n reserve
11,640
11,640
95,145
1083 271
36,097
1483 617
1.178,416
1,519,714
DesKJnated Funds..
General investment
and contingencies reserve
Quinquennial survey support fund
10
2.656.284
2,313,186
2 659 499
2 316 401
Tolal sharnholdors. funds
11
3 849 555
3 847 755
The financial slatemenls have been prepafed in accordance with the special provisions
relating 10 Small companies wilhin Part 15 of the Companies Act 2006.
The financial statements were approved by the Directors on 30 April 2024 and signed on their
behalf by
Anthony J A Pike
Director
Page11

THE LONDON BAPTIST PROPERTY BOARD LIMITED
Registered Charity No.. 249768
Company No.. 88218
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31°, DECEMBER 2023
2023
2022
Noto
Cash provided by operatlng acllvltlos
1.507,797
3,416,695
Cash flows from Investing adlvltles
Interest receNed
Rental income from inveslment propert*s
Proceeds on disposal of ￿veStMents
638.282
69.399
137.595
70.612
Cash provlded by Inv•stlng actlvltlos
1352 597
208 207
Net cash Inflowl{outflow}
2.860.394
3.624.902
Cash and cash equNal8nts al 1st January
13 386 835
9 761 933
Cash and cash equlvalents at 31st December
16 247 229
13 386835
l} Cash flows Irom operatlng actlvftles
Net Income
1.800
12,695
Adjustments for..
Interest receNed shown n investing acttr4it￿S
Rental income receNed
shown in nveslng aclNI
Deprecralion
{Gainslllosses on ￿VeStMents
Change in provBions
Decrease in debtors
Increase ￿ creditors
(638.2821
1137,5951
169,399)
(70.6121
1,391
(43,082}
57.332
210,791
1,945.555
745.933
2,907,965
Ca8h provlded byllused in)
op•ratlng a¢tlvltles
1507 797
3 416 695
Page 12

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 3151 DECEMBER 2023
ACCOUNTING POLICIES
The principal aeeounting policies adopted, judgements and key sources of estimation uncertainly in
the preparation of the financial statements are as follows..
1.1 Accountlng conv•ntlon
The financial slalements have been prepared under the Companies A¢1 2006 and in
accordance with the Charities Statement of Recommended Praeliee Icharities SORP IFRS
10211 and Financial Reporting Standard 102 IFRS 1021. The financial slalements are drawn up
on the historical cost basis ol accounling. as modified by the revaluation of investment
properties and other investments. The financial statements are prepared in sterling rounded to
the nearest pound. There are no malerial uncertainlies about the charity s ability lo conlinue in
operation.
The London Baptist Property Board meets the definition of a public benefit enlily under FRS
102. 11 is an incorporated company with share capital. registered in England with registered
office al Unit C2, 15 Dock Street London. E1 8JN.
1.2 Invostmonts
Investm8nl properties
Investmenl properties are shown al fair value at the balance sheet date and
surpluseslldeficiencies} arising on Ihe revaluation are treated as unrealised surplusesl(lossesl
which are crediledlldebited) directly to the revalualion reserve.
Other inveslrnenls
Other investments are stated at ma￿•t value.
1.3 Flxed assets
Tangible fixed assets are included al ￿$1 less depreciation. The useful life of Ihe office
equipment is eslimaled lo be 4 years and of compuler equipment is eslimaled lo be 3 years.
Depreciation is provided al rales calculated to wrile off the cost, less eslimaled residual value,
of each asset over ils useful life. Computer and office 8quipmenl wilh a cost of over £500 is
capilalised.
1.4 Dlvldend¥ and Interest recelvablfj
Dividends and inleresl re¢eivable on government and commercial se¢urits'e$ are recognised on
an accfuals basis.
1.5 Grants and approprlatlons payabl•
Grants and appropriations payable are recognised once payment has been made.
1.6 Expense allocation
The company carries out no separate fundraising acb"vities. In view of the company's principal
activities, all administrative support costs and governance costs are regarded as charitable
expenditure.
(Note continued on next pagel
Page 13

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31$1 DECEMBER 2023 (continued)
ACCOUNTING POLICIES (continued)
1.7 Incomg
Voluntary income and donations (including legacies) are accounted for once the ¢h8rty has
enlillemenl lo Ihe income. il is probable the income will be received and the amount of income
receivable can be reliably measured.
Loan interest receivable and interest payable on deposits is recognised on an a¢cruals basis.
1.8 Debtors
Grants receivable and other debtors are included at the settlement amount due. Prepayments
are valued at the amount prepaid.
1.9 Cash at bank
Cash al bank includes cash and short term highly liquid investments with a $hort maturity of
three months or less from the dale of opening of the deposit.
1.10 Creditors and provlsion$
Creditor$ and provisions are recognised where the charity has a present obligation arising from
a past event that will probably result in the Iransfer of funds to a third party and the amount due
to sellle the obligation can be measured or estimated reliably. CreditOTS and provisions are
recognised al their settlement amount.
1.11 Flnan¢lal In$tntment*
The charity only has financial assets and liabilities of a kind that qualify as basic financial
instruments. Basic financial inslruments are initially recognized at Iransaelion value and
subsequently measured using amortised cost on the effective inlerest rale method.
1.12 Fund accountlng
Details of the nature and purpose of each fund is 9iv8n in Note 10.
1.13 P•nslons
The charity conlribules lo the Baptist Pension Scheme. via the London Baptist Association, in
respect of ils employees. This is a defined contribution scheme and contributions are
ae¢ounled for as they fall due.
1.14 Crltlcal ac¢oyntlng t$tlmates and areas of ludgern•nt
In preparing financial slalemenls il is necessary lo make certain judgements, estimates and
assumptions that affect the amounts recognised in the financial statements. The following
judgements and estimates are considered by the Trustees lo have most significant effect on
amounts recognized in the financial statements..
1. The judgement in the valualion of properties
2. The presumed economic lrfe of properties and the depreciation or lack thereof
1.15 Golng Concern
The trustees have prepared detsiled forecasts and cash flow projections which they believe
are based upon reasonable assumptions with no material uncertainties. The forecasts show
that the charity should be able lo operate for the foreseeable future and thus the trustees
onsider il appropriate to prepare the financial statements on 8 going concern basis.
Page 14

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 3151 DECEMBER 2023 (continued)
2 INVESTMENT INCOME
2023
2022
Rental income from investment properties
Dw¥Jends and interest recewed=
Other investments
Interest receNable:
Short term depos6ts
69.399
70,612
11.756
11.413
626 526
126,182
208 207
3 SUPPORT AND GOVERNANCE COSTS
2023
2022
Employment costs
Office rental and s8rvke charge
PrOfeSs￿nal fees
Other charg&s
Loss on disposal of computer & office equyment
Deprecialijn of computer and off￿e equipment (see note 4)
Audi(or's remuneralDn
Other governance costs
60.647
25.690
43,201
12.196
58.881
23,010
38,159
10,125
1,391
6.180
6,720
137746
Empbymenl cosls comprk8e'.
Salaries
National insurance
Pension Contribut￿n$
50.544
5,094
49,082
5,121
There were tsvo employees {equivalenl lo tsvo full-lime employees) during the year. There were
no employees who received employee benefits of more than £60,000. The key management
personnel received employee benefits of £45.612 12022.. £44.111) during the yèar and were
reimbursed travel expenses of £1.41212022: £393).
Page 15

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31$1 DECEMBER 2023 (continued)
4 TANGIBLE FIXED ASSErs
Computor and office equlpment
Cost orvaluation
Al 1 st January 2023
AdditKJns
Disposals
Al 31 st December 2023
10.525
Dopr•clatlon
Al 1st January 2023
Charge for year
Re￿aSed on d¢5posal
Al 31st December 2023
10,525
10,525
Nèt book value
At 31st December 2023
At 31st D8c8mb8r 2022
5 INVESTMENTS
Othor
Invèslmenl
Frnehold
Investment
Total
Valuatlon
Al 1st January 2023
RevalualK)n deftrt
Disposals
At 31st December 2023
202.059
{4.749)
2.862.000
154,$001
3,064.059
159.2491
197310
2 164 500
2 361810
Hlstorlcal cost
At 31st December 2023
At 31st December 2022
20.149
1258 389
1￿0292
1278 538
1 580441
The freehold investmenl properties were professionally valued at 31 Dec8mber 2020 by
independent valuers who held recognised and relevant professional qualificalions and have
experience in the location and type of the properties being valued. The Directors have taken
professional advice concerning the changes in values in the year and have adopted revised
valuations al 31 December 2023 totalling £2.164.500 in these accounts.
Page 16

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31$1 DECEMBER 2023 (continued)
DEBTORS
2023
2022
Advances (financial assets measured at anKrftsed cost)
Churches
Manses
DenomInat￿n81 Soc￿118$
1,755,737
461.259
528,959
2,745,955
2.348.477
585,295
124 278
3.058.050
Prepayments
Accrued wicome
2.928
105.787
2 854 670
5,140
3 065 461
7 CREDITORS: Amounts falling due within one year
2023
2022
7 day not￿8 deposts
Churches
DenoMinal￿)nal societss
14.848.794
2757 105
17,605,899
14.393,357
1 265 $78
15.658,935
Accruals
17 614,155
15 668 600
SHARE CAPITAL
Authorlsod
2023
2022
No.
Allott•d. Issued & fully pald
2023
2022
Ordinary shares of£10 each-
A shares
8 shares
411
411
4,110
4,110
The A shares carry one vote per share. The B shar8s have no voting rights.
Page 17

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st DECEMBER 2023 (continued)
9 GENERAL FUNDS
Incorne and
Expenditure
Revaluatlon
Reserrfe
Total
fund$
At 1st January 2023
Nel income before inveslmenl gains
Nel gains Ilossesl on investment5
Transfer lo General Investment Reserve
At 31st December 2023
36,097
59.132
1.916
2.000
1,483.617
1.519.714
59.132
157,3321
{59,248)
341.098
1083 271
1 178 416
At 1st January 2022
Nel income (expend*ture)before nvestment gains
N81 gains on investments
At 31st December 2022
66.484
(30,387)
1,440.535
1,507,019
(30,387)
43,082
1519 714
43,082
7 483 617
10 DESIGNATED FUNDS
General Invostment Qulnquennlal
and contlngon¢l•s
suNey
rgserve
SUPPOrt fund
Total
fund5
At 1st January 2023
Transfer from Income and Expendrture
At 31st December 2023
2.313.186
343.098
2 656,284
3,215
2,316,401
2 659 499
At 1st January 2022
Transfer to Income and Expendiiure
At 31st December 2022
2,313,186
3.215
2,376,401
2 313 186
2316 401
The general investment and contingencies reserve has arisen from the realised gains on investment
disposals over a nUM￿r of years. It is held to support Ihe continuing operations of the charity.
The quinquennial survey support fund has arisen from transfers made from the income and
expenditure account. The funds are available to provide finanual support to churches requiring 8
survey of their premises.
11 RECONCILIATION OF MOVEMENT IN SHAREHOLDERS. FUNDS
2023
2022
Al 1st January
Net incomellexpenditurel before iivestment gains
Gains on investments
Al 31st December
3.847,755
59.132
3.835.060
130,3871
43,082
3 847,755
3 849,555
Page 18

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st DECEMBER 2023 {continued>
12 COMMITMENTS
2023
2022
The company has the folthvirYJ commitments at 31 sl December
531,000
269 000
13 AIIALYSIS OF NET ASSEfs BEfwEEN FUNDS
2023
Fixed
a$$ets
Net ¢urrent
assels
Total
assets
Unrostrfcted and deslgnated funds
Income and expendf(ure
Revaluation reserve
General investment and conlwigenc￿s reserve
Quinquennral survey support fund
95.145
95.145
1.083.271
2,656,284
3,215
3837915
11,640
3 849 555
1.083.271
1.278,539
1,377.745
3.215
1476 105
2 361810
Share capltal
2 361810
1.487.745
2022
Flxed
assets
Net curnnt
•sset$
Total
assets
Unrestrlcted and deslgnated funds
Income and expenditure
RevalUat￿n resetve
General investment and conlin98nc*s reserve
Quinquennial survey support fund
36,097
36,097
1,483,617
2,373,786
1,483,617
1.580.442
732.744
3 064,059
772.056
3836 115
Sharn ¢apltal
783 696
3 847 755
Pag8 19

THE LONDON BAPTIST PROPERTY BOARD LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st DECEMBER 2023 (continued)
14 RELATED PARTIES
The key management personnel of the charity are considered to be related parties and the total employee
benefits are set out in nole 3 above. The directors receive no rernuneration in respect of their services as
directors. Total expenses of £8 were paid to one director during the year {2022.. Nil) for expenses incurred
in carTying oul their duties. As disclosed on page 6. the Directors are variously Officers andlor members
of churches which are affiliated lo the London Baptist A550ciation. and those churches may place
deposits from lime to time with the LBPB. The rates payable on such dep051ts are identlC81 lo those
offered lo all Churches.
The 'A' shares are wholly owned by the London Baptist Association ILBAI (registered charity number
1091160, company number 04325272}. The object of the LBA is the advancement of Christianity in and
through ils member churches individually and acting together. in accordance with the principles of the Baptist
denomination. The LBA is affiliated lo the Baptist Union of Great Britain. The LBA seeks lo fulfil its purpose
through resourcing. supporting and encouraging the life and mission of ils member churches. The company'$
results have been included in the consolidaled accounts which are available from the registered office.
At the year end. the company had tho following loan and deposil balances with the LBA..
2023
2022
Loans advanced
Deposits hèld
Inler8sl is received on the loans and paid on the deposits al the standard rates.
Page 20

THE LONDON BAPTIST PROPERTY BOARD LIMITED
CHURCHES AND ASSOCIATIONS FOR WHICH
THE COMPANY WAS ACTING AS CUSTODIAN TRUSTEE at 31￿ DECEMBER 2023
IA) CHURCHES IN MEMBERSHIP wrrH THE LONDON BAPTIST ASSOCIATION
Abbey Road Baplisi Church
Central Baptist Chuith. Stiètford
G¢wdmayes Bapli5t Chureh
Acton Baptist Church
(hadwell Heath Baptist Church
Grange Park Baptist Church
Albany Park Baptist Church
Chalk Farm Baptist thurth
Green Street Green Baptist Church
Aldersbrook Baptist Church
Charis Bapttst Church
Greenford Baptist Church
All Nations Baptist Church IOaF4bam Park Chatsworth 8aptist Church
Greenleaf Road Baptist Church
All Nations Church, Manor Park
Chelsea Commvnity (hurch
Haddon Hall Baoist Church
Alperton 8apti5t Church
Christ Church, New Southgate
Hainault Bapt15t Church
Amott Road Baptist Church
0.ty on the Hill Romanian Baptist Church Ham Christian Centfe
Ashford Baptist Churth
aapham Baptist Churth
Hampstead Garden Suburb Free
Ashford Common Bapt15t Church
Claremont Free Churth
Hampton Mission Partnership
Ashurst Dnve 8aptist Church Ilford
Gildhartojr Lane gapt15t Church
Hammon Wick 8aptist Church
Avenue Baptist Church
Coney Hill Baptist Church
Harfingtcffi Baptist Church
8aldwyns Park 8aptist Church
Cranbrook 8aptls1 Church
Harringay United Church-Baptist
8alharn Bèptist Church
ayford Baptist Church
Harnow Baptist Church
Baptist chm Tamil Congre8atic
Cricklewcojd Baptist Church
Hatch End Free Churth
Barkin8 Baptist Church
Qofion Park Baptist Churth
Haven Green Baptist Churth
Barne$ Baptist Church
Qoham Road Baptist Church ao
HÈath Street Baptist Church
Battersea Chapel Baptist Church
Cr055 Street Baptist Church
endon 8aptist Church
Beckenham Baptist Church
Crossway Rewval Baptist Churth
Herne Hill Baptist Church
Bedford Hill Baptlst Church
Cr¢)wn Aoad Baptist (hurch
Hersham 8aptisi Church CIO
Belvedere 8aptist Church
Custom House Baptisi Church ao
HiBhams Pafk 8aptist Church
Beihel 8aptlst Church
tkep Water 8apt15t ChLWth
Hi8hfield Road 8apti5t Church
Blackheath and Charlton Baptist ￿r(h Denmark Place Baptisi Church
Hillin8don Park Baptist Church
81ackhorse Road Baptist Church
Cisciples Baptist Church
Hbther Green Baptist Church
Bloomsbury Central Baptist Church
Earlsfield Baptist Church ao
Honor Oak Baptist Church
Bonny Downs Baptist thurch (Newharnl East Barnet Baptisi Church
Hornsey Rise Baptist Church
Boston Road Baptist Church
East Ham Bapt¢st Churth
Illord High Road Baptist Church
Bow Baptlsl Church
East Hill Baptist Church
Joy Christian Centre International
Braemar Avenue Baptist Church
East Plumstead Baptist Church
Ken5al Rise Baptist Tabernacle
Brandon Baptist Church
East Sheen 8aptiSt Chuich
Kenton 8aptist Church
Brenrford Free Church
Eastern Avenue Baptist Church
Kingsbury Baptist Church
Brighton Road Baptist Church
Edmonton Baptisi Church
Kingswood Community Church
8rixton Baptist Church
Eldon Road Baptist Church
Leytonstone United Free Church
8roadmead Baptist Church
Eltham Park Baptist Church
kewise Christian Ministries
8romley Baptist Church
Emmanuel Bawist Church, Hourfjlow
Lindsay Park Baptlsl Church
Bromley Common 8apt15t Church
Emmanuel Church (Thamesmeadl
Little Ilford Baptist Church
Brondesbury Christian Church
Enfield Baptist thurch
Livin8 Flames Baptist Chureh. Nèw Cross
Brownhill Road 83ptist Church
Epsom 8aptisi Church Centre
Living Waters Baptist Church
Buckhurst Hill Baptist Church
Everyday (hurch Kingsto
London Arabic Evangelital Church
Camden Road Baptist Church
Everyday thurch Southfields
London Neiwork Church
Camp5bwrne 8aptisi Church
Faith Baptsst Church (Lo￿nI
London Spanish-Speak¢n8 Baptist Church
Camrose Baptist Church
Finchley 8aptist Chuith
Longheath Baptist Church
Cann Hall & Harrow Green Baptist Churth F(xMS Cray Baptist Church
Lordship lane Baptist Church
Carshalton Bapt15t Church
Frarnpton Park Baptist Church
Major Road Baptist Church
Carshalton Beeches Baptlst Free Church Fulham Baptist Church
Manor Park Christian Centre
Page 21

THE LONDON BAPTIST PROPERTY BOARD LIMITED
CHURCHES AND ASSOCIATIONS FOR WHICH
THE COMPANY WAS ACTING AS CUSTODIAN TRUSTEE al 31* DECEMBER 2023
Memorial Community Church
RL¥Jin8 Lane Free (hurch
Merton Park Baptist Church
RrThfoTd Baptist Church
Mill Hill East Church
Royal Lxxks Community Church
Mitcham 8aptist Church
Ruislip Baptist Church
Morden Baptist Church
Rye Lant Baptist Chapel
Morden Park Boptist Churth
Salem 8aptist Church
Muswell Hill Baptist thurch
Stlsdon Baptisi (hurch
Myanmar Christian Fellt)wship
Shoreditch Tabemacle Baptisi Church
New Addington Baptist Churth
5hrublands Christian Fellowship
New Life Church
Si(kup Baoist Church
New River Baptist Chuith
Slade Green Christian Ftllowshlp
Norbury Baptist Church
sO￿h +tsnwell Baptist Church
North Cheam Baptist Church
South Harrow Baptist Church
North Hanwell Baptist Church
South London Tabemacle
North Peckham Baptist Church
sO￿h Norwood Baptist thurch
Northcote Road 8aptlst Church
South Street Baptist Church
Northolt Grange 8aptisi Church
Southall Baptist Churth
Nonholt Park Baptist Church
Southb)rough Lane Baptist thurch
Northumberland Heaih Baptist Church Springfield Bapiist Church
03k￿00d 8apt¢st Church
Spruce Hsll Baptist Church
Oasis Charitable Trust
Si Andrew's Church. Walthamstcrw
Oasis Church Colliers Wood
Stanmore Baptist Church
Old Lodge Lane Baptist Church
Stoke Newingttsn Baptist Church
Oldlield Free Church18apt15tl
Stone Baptist Church
Open Doors Baptist Church
Stoneleigh Bapiist Church
Paw50n5 Road Baptist Ctrwjrch
Streatham Bapt15t Church
Peckham Park Road 8apti5t Churth ao streaiham Vale Baptist thufch
Pen8e 8aptist Church
Stroud Green Baptisi Church
Pentecost Bapt15t Church
Sudbury Bapt15t Church
Perry Rise Baptist Church
Sulfdks Baptist Church
Pinner Baptist Church
Surbiton New Lile Baptist Church
Pollard5 Hill Bapt15t Chvrch
Sutton 8aptsst Chufch
Purley Baptist Church
Tasso Baptisr Church
Quaystone Christlan Church
Teddington Baptist Church 00
Queen Street Baptist Chuith
Temple Hill Baptist Church
Ravenscourt Baptist Church
The Kin8's Cmss Baptist Church
Rayners Lane Baptist Church
The Well Community Church
Tooting Junttion Baptist Church
Tottenham Baptist Church
Totterid8e Road Baptist Church
Trinity Baptist Church, Woolwich
Trinity Baptist Church Iwest Norwoodl
Trinity Baptist Church 8exleyheath
True Life 8aptist Church
Twickenham Green Baptist Church
Underhill 8aptist Church
Uni¢)n Churth and Community Centre
Upper Holloway 83pti51 Church
Vietoria Park 8aptist Church
Virtory Baptist Chureh. Tootin8
Victory Life Baptist Churth
Wallington Baptist Church
Waltham Abbey Baptlst Church
Walton Baptist Church
Wanstead Baptist Church
Wealdstone Baptist Church
Wellin8 Baptist Church
West Crtydm 8aptist Church
West Drayt¢)n Baptist Church
West Green Baptist Church
Wèst Hendon Baptist Church
West Wickham & Shirtey Baptlst Church
Westbury Avenue Baptist Churth
Whitton Baptist Church
Willesden Green Baptist Church
Wimbledon & Th'strict KoreaTh 8aptlst Church
Winchmore Hill Baptist thurch
Woodford 8aptist Church
Wo(*ran8e Baptist Church
Woodmansteme Baptist Church
w￿lS1de Baptist Church
Woolwich Central Baptist Church
Worcester Park Baptist Church
Yiewsley Baptlst Church
Pag8 22

THE LONDON BAPTIST PROPERTY BOARD LIMITED
CHURCHES AND ASSOCIATIONS FOR WHICH
THE COMPANY WAS ACTING AS CUSTODIAN TRUSTEE al 31SI DECEMBER 2023 (continued)
IB) CHURCHES IN MEMBERSHIP WITh THE EASTERN BAPTIST ASSOCIATION
Betontiee Avenue Baptist Church
Benfleet Baptist Church
Brentwood Baptist Church
Canvey Island Baptist Church
Chase Cross Baptist Church
Cranham Baptlsl Chur¢h
Dagenham Baptist Church
Earls Hall Baptist (l)urth. Westcliff
Elm Park Baptist Church
Friars Baptist Church
Hadleigh Baptist Church
Hawkwell BaptTrst a)urch
Oxlow Lane Bapt15t Church
Pilgrims Hatch Baptist Church
Ramsden Bellhouse Baptist Church
Shoeburyne55 and Thorpe Bay Baptist
Shotgate Baptist Church
Upminister Baptist Church
Winter Garden5 8apt15t Church
Wood Lane Baptist Church
ICI CHURCHES IN MEMBERSHIP WITh OTHER ASSOCIATIONS
Cippenham Baptist Church
Dormansland Baprist Church
Godstone 8aMist Church
Life Church, Cufflev
Potters Bar Baptist Church
ID) CHURCHES NOT IN MEM8ERSHIP WITH AN ASSOCIATION
Beulah Church
8i88in Hill Christian Fellowship Trust
Central Baptist ChLbrch. Walthamstow
Cheam Bapt15t Church
Childs Hill Baptist Church
Chiswick Baptist a)ur¢h
City Hope Church London
Clement5wood Bapt15t Church
Comrnunity Church, Putnev
Cranford Baptist Church
Days Lane Bapt15t Church
Ealin8 Road Baptist Church
East Dulwich Tabernacle
East Finchley 8aptisi Church
East London T3￿m4¢Ie Baptist
East Streei Baptist Church
Elmslead Baptist Chufch
EverWay Church Wimbled
Gresham 8amist Church
Gunner5bury Baptist Church
Harmondsworth 8aptist a)yrch
Hatton Road 8apti5t Church
High Barnet BaptlSt Chur¢h
Hitherfield Road Baptist Church
Icthus New Life Centre, Greenwich
King's Church l¥er
King's Church London
Leghorn Road Baptist Church
Le￿on Baptist Church
Lighthouse Baptist Church
Metropolitan Tabernacle
Olivet Baptist Church
Twynholm Baptist Church
Upney Baptist Church
West Kilbum Baptist Church
west￿Ulne Grove Church
Westminster Baptist Church
(EI OTHER ORGANISATIONS
Regent's Park Colle8e
Spurgeon's &￿Ie8t
The London Baptist Ass￿latIon
Pago 23