RYE LANE BAPTIST CHAPEL

RYE LANE BAPTIST CHAPEL

Registered charity no: 1127757

20()/h An~~iver;. :Ijty Ye ~. ~

ANNUAL REPORT

FINANCIAL STATEMENTSYEAR ENDED

31 December 2018


Registered Charity Number: 1127757

REPORTS AND ACCOUNTSFOR THE YEAR ENDED 31 DECEMBER 201S

CONTENTS PAGE

Legal and Administrative Details

Independent Examiner's Report

Report of Trustees 3-6

Statement of Financial Activities

Balance Sheet

Notes to the Accounts 9- 13

RYE LANE BAPTIST CHAPELORGANISATIONAL PROFILE

For the year ended 31 December 2018

CHARITY REGISTRATION NUMBER 1127757 Registered 28 Janubry 2009

TRUSTEES: Edward Frank Goveia

Rupert Hill

Frederic AdjemangGabrielle Richards

Norma FaceySherine Christie

Marcia Cooke

Pastor/ Chairpersan

Secretary

Appointed 8th April 2018Treasurer

REGISTERED OFFICE: 59a Rye Lane

Peckham

London

SE15 5EX

PROPERTY TRUSTEES: The London Baptist Property Board235 Shaftesbury Avenue

London

WC2H 8EP

BANKERS: Barclays Bank PlcLeicester

LE87 2BB

INDEPENDENT EXAMINER: Mr C.B Maizi FMAAT FCIE

Independent Examiners LtdSovereign Centre

Yapton Lane

West Sussex

BN18 OAS

Page b Anneal reise rc and financial siaiemencs - Year Ended 3lsc December abl 8

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

Report to the trustees/ members of Rye Lane Baptist Chapel on the accounts for the year ended 31st December 2018 set out

on pages 6 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not

required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination

is needed.

It is my responsibility to:examine the accounts under section 145 of the Charities Act,to follow the procedures laid down in the general Directions given hy the Charity Commission (under section

145(5)(b) of the Charities Act, and

to state whether particular matters have come to my attention

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination

includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those

records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from

the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be

required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the

report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

1. which gives me reasonable cause to believe that in, any material respect, the requirements:

to keep accounting records in accordance with section 130 of the Charities Act; and

to prepare accounts which accord with the accounting records and comply with the accounting requirements ofthe Charities Act

have not been met; or

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be

reached.

Mr C.B Maizi FMAAT FCIEIndependent Examiners LtdSovereign Centre

Yapton Lane

Walberton

West SussexBN18 OAS Date: 24th October 2019

Page 2

Motto Verse 20j.8: "Celebrating God: Faithful through the & ears. "Lamentations 3: 22 k 23

INTRODUCE)IItRye Lane Chapel is a multi-ethnic congregation affiliated to the London Baptist Association. the

Baptist Union of Great Britain and the Evangelical Alliance. It is sited on Rye Lane, Peckham, wheieit seeks to live out its evangelical stance in worship, witness and welcome, broadly along the lines ofBaptist principles,

The year 2018 was dominated by the Chapel's celebration of its bicentenary, centred on the theme of"Celebrating God: Faithful through the years. "

Permit me, therefore, to begin this report v;ith the activities of the bicentenary before focusing on thereyilar activities of worship. fellowship, Bible study, prayer, outreach and missions.

IklCKNTK&NNj. AL CKLKSRAT10%The Bicentennial Corninittee, formed in 2017, developed a year-long agenda of events to celebrateGod's faithfulness in maintaining a 200-years witness to himself through Rye Lane Chapel. Our aim

was that he alone should receive the glory, that he would be the central focus, but that we would bedrawn together in the awe of knowing thnt we belong to an awesome father, a glorious king.

Congregants vvere encouraged to identify with the commemoration by v earing tee-shirts that werespecifically designed and produced for the bicentenary. at least on the last Sunday of each month.Parishioners were also challenged to give to the disadvantaged via a monthly target of at least twohundred (200} UIlits of food ltcnls, hai vest ltcnls ancl shoe boxes. Tllc only IIloflths cxcIYlpt wcicOctober and December and the target was always exceeded. Additionally, the Community GospelChoir was birthed, under the direction of Thea %ray, to include those with nn interest in singing.

The bi-monthly celebration of our diversity, as we focused on the food and dress of different

continents, did not ahvays follow the plan but was, nevertheless, a woithwhilc experience.

In January, we installed a photographic display of various aspects of the Chapel's life to coincidewith the Peace Service which was held to commemorate the seventy-fifth anniversary of theChapel's bombing. This v'as followed in February with the regular %omen's Ministry Valentinedinner, this time enhanced by a ensemble of teenage classical musicians. March's highlight was theLondon Af6. can Gospel Choir vvith its high energy performance meed April saw a team of cony egantsattending Spring Harvest. In June, we celebrated in a we!1-attended first Anniversary service, with its

joyful and anointed atmosphere and an apt message from the team leader of the London BaptistAssociation. The anniversary service was followed by a week of evangelism„which although not

delivering on expectations, nevertheless provided some timer of a strong sense of the Lord' s

presence. Also, v,'e were blessed by the presence of Southwark Councillor, Peter Babadu, and theSaltmine presentation of Darkness Falls based on the gospel of John. July*s Holiday Club climaxedwith a Picnic in the Park on Saturday and in August, we celebrated with Kingslcy %ray in a reggaeconcert that sealed his reputation as a crowd-pleasing, but godly, performer. The Community GospelChoir sang at September's Harvest service and in October, the inaugiiral Bicentennial Bible Quizattracted contestants from two neighbouring churches also, Our shoebox efforts, in November, farexceeded the target of tv o hundred, thanks to the generosity of those who faithfully supported this

Year Ended 3Igt Deee&nber 20I8

effort. The year climaxed with the second Anniversary Service on December 30'" and a really

anointed time of celebration on December 31. We are thankful for a year that celebrated some ofwho our Lord is and I want to record my personal thanks to a cornrnittee who planned and persevered

in fulfilling their mandate.

WORSIIII'The aim is that our lives should become instruments of continuous worship so that the Chapel's sung

and spoken worship is only an expression of who we are. Untler the leadership of Music Director,

Thea Wray, and the members of the music ministry, we enjoyed wonderful times of sung worship.

The different groups, too, often include singing and music as a part of their programmes.

BIBIK STlJOYThe knowledge of God's word is foundational to our discipleship programme and this was expressed

through the teachings encapsulated in our sermons, our Care Groups' Bible Studies, our Sunday

School teaching programmes as well as through the Men'r Ministry and Women's Ministry.

Additionally, the Word Power Bible teaching sessions focused on the prophecy of Hosea. There is

also a constant encouragement, through the groups and from the pulpit, for congregants to spend

quality quiet times with the Lord and to focus on portions of the Bible during these periods.

PRAYER

Prayer continued to be a vital part of the Chapel's plan and war a past of every group. Additionally,

the Chapel hosted five prayer slots in its programme: Sunday's early morning prayer meeting and

after-service ministry prayer time; Monday, Wednesday and Friday 7am prayers; Tuesday's 10:30am prayer meeting; our termly weeks of prayer and fasting; and the monthly night vigils. Prayer is

also a component of all services and meetings.

OUTREACH A%0 MlSSIOWS

The ".. .go into all the world . . ." of Matthev ZS takes on flesh in the outreach and missions

programme of the Rye Lane Chapel ministry. The monthly Sunday outreach continued to focus on

music and Bible reading with a concluding prayer and benediction for Peckham.

Friday outreach also continued with the faithful involvement of a core group of congregants. The"Good News" newspapers continued to be a hit with passers-by and we were especially pleased by

the number of people from other faiths who were willing to accept a copy. The regular visitors who

come into the Chapel and take the opportumty to pray, share and enjoy some refreshment continued,

as did the random others who joined them. We continue to yearu and pray that these would come into

a relationship with the living Christ.

The Holiday Club, seventeen years in its current format, continued to attract a number of children

and young people, some from un-churched backgrounds. We plant and water the seeds of the gospel,

hoping that a rich hat~ est will be gleaned from this sowing.

Our mission activities spanned a range of four (4) local and seven (7) overseas ministries that include

work with orphanages, general outreach, theological and Christian education, prison ministry,

education, social outreach, youth focus and crisis counselling in Europe, Africa, Asia and Australia-

Pacific, to the tune of thirteen thousand, three hundred and fifty pounds (/13, 350).

The Mission Support Team also published a compilation of missionaries' stories, "Into all the

world"„ to coincide with the Bicentenary.

Page 4 )'ear Ended 3tstDecewber2(il8

FELLOWSHIP and SOCIAL ACTIVITIESThere is a strong sense of fellowship among the congregants of the Chapel as evidenced by the after-

seivice sessions of refreshment that gave congregants the opportiinity to connect with each other and

to share on life events from the previous week. Our refreshmeiit teams continue to do an excellent

job of providing drinks and tasty tidbits, often enhanced by the occasional addition provided in

thankfulness for a baby dedication, a birthday or some other significant event.

The Chapel's 2018 outing was to Eastbourne and a notable feature was the bonding of smaller

groups of congregants as they enjoyed the sea breezes and the shopping.

Other social activities included the congregational bring and share rrieals, the Valentine dinner and

events organised by specific groups for their members and invitees. The Men's ministry is

particularly good at this with its popular woodland rambles and the football inatches for which theyorganize reasonably-priced tickets. Some Care Groups also celebrate special events in the lives of'

their members and organize social outings.

PROI'KRTY

The propeiiies at 59a Rye Lane and Ns 1 k 2 Cerise Road were maintained in reasonable condition,with re-decoration at P2 Cerise Road being completed by our resident builder, Miguel Richards.

The flat at 59a Rye Lane was rented and Harte's Meat Shop continued to be exemplary tenants in the

premises beneath the flat. Number 2 Cerise Road continued to be teiinnted by congregants,

During 2018, we also embarked on a series of investigatory forays into the options for making theChapel premises more financially-, usage-, and community- viable. This process is ongoing.

LEGAL 0:BLIGATIONSDuiing 2018, Rye Lane Chapel was able to meet its legal obligations with regards to rates and taxes,Safeguarding, Health and Safety and Human Resources.

CONGRKGATIONAL MOVKMKNT

In 2018 it was our privilege to dedicate two (2) babies to the Lord.~ Seven (7) baptized believers apphed„were interviewed, and accepted into membership,

Three (3) of our members —Danie Sisya, Loretta Rogers and Claudine Carter - were called to

higher service. .Danie tragically passed away in Zambia. Both Sisters Loretta and Oaudineattained their ninth decade before passing on. We were especially blessed and challenged by SisClaudine's faithful commitment to the work at the Chapel.

COMMUNITY INVOLVKMKNTIn 2018, a congregation under the leadership of Peruvian pastor, Fernando Castro, began sharing our

space as it reached out and ministered to the local Spanish and Latin American population.

We have also continued to make our building available for rental to Nick Dolezal, a ward councillorand to the National Blood Service. There are, too, additional one-off requests for private functions.

We further involve ourselves in community life through our availability to offer spiritual. and

practical ministry in the form ofbaby dedications, funerals, memorial services and for other needs.

FINANCK

In 2018, we met our financial obligations with a surplus of foity one thousand pounds (X41„000) to

carry over into 2019. For this, we continue to be grateful to God, to you, our faithful supporters, and

to our treasurer, Mrs Marcia Cooke and her team, for their astute management of the finances.Page 5 )'ear Ended 31st Deeennnen 2018

EVALUATION

There is much for which to be thankful in 2018. The Bicentennial Celebration was a huge unifying

factor and there seemed to be a new level of love and fellowship among congregants. There was, too„

an evident spiritual hunger and growing maturity in many lives and many more of' us have become

involved in different aspects of the ministry at the Chapel. I am thankful to the Lord for the eagerness

with which you have embraced your roles and faithfully and competently discharged responsibilities.

Permit nie, here„ to pay tribute to Mrs Kemi Bakare who came forward to offer her services wherever

it was needed and who now faithfully cleans specialist areas in the Chapel.

PROJKCTIONIn 2019, Rye Lane Chapel will experience a period of pastoral transition. A leadership team will

oversee this process and plans are in place to make this transition as seamless as possible. The

assessment of the future of the Chapel's buildings and premises is ongoing but there are some

immediate plans to develop the Chapel and introduce features to make it more user-friendly.

THANKS

As I mentioned in the 2017 report, our God and his submitted people form a pov erful combination.

We are grateful for the unity of the Spiiit in the bond of peace and the fellowship that we share. We

thank the Loid for shepherding us but I also want to thank you, the people of the grace covenant„ for

the ways in which you have contributed to the building up of God*s kingdom.

As this will be my last report to you, I want, also, to thank you for theblessing that you have been tome and my family and the ways in which you have ministered grace into our lives. May you be

iichly blessed as you continue to submit yourself to the leading of the Holy Spirit.

COCCI USION"%ho is he, this King of glory? The Lord Almighty —he is the King of glory!"Encapsulated in these words are the identity, status and the attributes of our loving God. The wonder

of knowing him is that we are never at a loss to find things for which we can praise and thank him,

but especially for the ways in which he warms our hearts and surrounds us with his love. He is

awesome, this Father-King! He is almighty, this Lord of ours, and our never ending praises are

entirely owing to his works in our lives. Truly he has been and will continue to be faithful through

the years!Paul's exhortation to the Corinthian church is a fitting response to this God and King: "Therefore,

my dear brothers (and sisters) stand firm. Let notliing move you. Always give yourselves fully to the

work of the Lord because you know that your labour, in the Lord, is not in vain. "

May our lives be a fitting tii bute to our Lord and King.

Revd Frank Goveia

May 2019

Pnge 6 Year Ena'ed 3)et December 2(&18


STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2018

Unrestricted Designated

Notes (Nore 14) (Nore 12)

Restricted

(Nore 13)

Total2018

Total

2017

Income:Donations and Legacies

Income from Charitable Activities

Income from other trading activities

20,633

89,100

88,090

2,000

3,936 24,569

91,100

88,090

6,825

95,913

76,145

Investment income 1,052 1,052 307

Other 3,221 6, 176 5,760 15,157 10,835

Total Income 202,096 8,176 9,696 219,968 190,025

Expenditure:Expenditure on Charitable Activities 142,800 12,875 23,220 178,895 181,324

Total Expenditure

Net income/(expenditure)

142,800

59,295

12,875 23,220

(4,698) (13,524)

178,895

41,073

181,324

8,701

Transfers between funds

RLC Mission

Bank deposit interest

Home Mission

Oher

Total Transfers

Net Movement In Funds

(16,168)

(10,105)

(26,272)

33,023

10, 105

10,105

5,406

16,168

16,168

2,644 41,073 8,701

Reconciliation of Funds:

Total funds brought forward 302,005 10,724 31,699 344,428 335,727

Total funds carried forward 335,028 16,130 34443 385,501 344,428

The notes on pages 8 to 12 form part of these financial statements.

Page 7 Asensal report and financial snaiensenis - Year Ended 3lmDecember 2078


BALANCE SHEET AS AT 31st DECEM8HR 2018

Notei 2018 2017

Fixed Assets 66,625 69,265

Current Assets

Debtors

Cash at bank and in hand

Current Liabilities

Creditors - Due viithln one year

9 693

IO 338,188

20,006 26,531

338,881 301,694

Net Current Assets and Liabilities 318 876 275 163

TOTAL NET ASSETS 385,501 344,428

FUNDS OF THE CHARITY

Restricted Funds 13 34,343 31,699

Unrestricted funds

General Fund

Designated Fund

14

l2

335,028

16,130302,005

10,724

TOTALFUNDS 385,501 344,428

Edward Goveia

Marcia Cooke

The notes on pages 9 to 13 form part of these financial statements.

Page 8 Annual repar( and jinaacial sratemenis - Year Ended 3 Isr December 20l8

RYE LANK BAPTIST CHAPEL

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2018

1 ACCOUNTING POLICIES

1.1 Basis of preparation

The accounts have been prepared under the historical cost convention with items recognised at cost or transactionvalue unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been

prepared in accordance with the Statement of Recommended Practice: Accounting an Reporting by Charities

preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republicof Ireland (FRS 102) and the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the church's ability to continue as a goingconcern.

1.2 Income Recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will bereceived and the amount of income receivable can be measured reliably.

Donations, are recognised when the Trust has been notified in writing of both the amount and settlement dateIn the event that a donation is subject to conditions that require a level of performance before the charity is entitled

to the funds, the income is deferred and not recognised until either those conditions are fully met, or fulfilment ofthose conditions is wholly within the control of the charity and it is probable that those conditions will befulfilled in the reporting period.

Legacy giAs are recognised on a case by case basis following the granting of probate when the administrator/

executor for the estate has communicated in writing both the amount and settlement date.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the

charity; this is normally upon notification of the interest paid or payable by the bank.

1.3 Expenditure Recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charityto that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured

reliably.

All expenditure is accounted for on an accruals basis.

1.4 Irrecoverable VAT

Irrecoverable VAT is charged against the expenditure heading for which it was incurred.

1.5 Tangible Fixed Assets and Depreciation

All items of capital expenditure costing K1,000 or more are capitalised and valued at historical cost.

Depreciation is charged on a straight line basis to write off the cost of the asset over its expecteduseful life from the year of acquisition.

Plant 50yrs

Equipment 5yrs

Page 9 Annual reporl andfinancial staiernenis - Year Ended 3lsi December 2038



2 Donations and Legacies

Legacy

Saltmine

Donations General

Unrestricted

20,393

240

20,633

Designated Restricted

3,000936

3,936

2018

20,3933,000

1,176

24,569

2017

6,825

6,825

Weekly Envelopes

Loose Offering

GiA Aid

Mission

3 Income from charitable Activities

Unrestricted

30,09849,643

9,359

Designated

2,000

Restricted 2018

32,09849,643

9,359

2017

30,723

51,727

12,964500

89,100 2,000 91,100 95,913

Property Rental

Hire of premises

4 Income from other trading activities:

Unrestricted

77,340

10,750

Designated Restricted 2018

77,340

10,750

2017

66,920

9,225

88,090 88,090 76, 145

5 Investment Income:

Unrestricted Designated Restricted 2018 2017

Interest Received 1,052 1,052 307

1,052 1,052 307

All of the investment income arises from money held in interest bearing deposit accounts.

6 Other Income:


Anniversary 2018August Outings

Funerals

Minister in Training

Good Friday Offering

Media Desk

Other

2,368

110743

3,221

4,955335886

6,176

5,760

5,760

4,955335

3,254

5,760

110743

15,157

812

2,202

6,000

235

1,586

10,835

Page 10 Annual report and financial statements — Year Ended 3lst Decentber 20I8



7 Resources Expended - Charitable Activities


Salaries and related costs

Conferences % workshops

Children & Youth ministry

Utilities

Premises Costs

Subscriptions

Community

200th Anniversary

Music

Catering

Mission

Gifts and donations

Equipment RX M

Office Costs

Governance Costs

Due to Inland Revenue

Depreciation

Bank charges

52,3181,3893,577

14,50947,802

3,740

1,582

3,545

861

260

3,789

2, 130231

1,453

1,775

1,200

2,640

335

4,955

6,698886

5,760

3,277

13,524

658

58,078

1,3893,577

14,509

47,802

3,740

1,91711,777

861260

24,0113,675

231

1,453

1,775

1,200

2,640

55,673455

3,36012,561

67,4101,596

3,362

3,758

1,295407

22,051

3,000136

1,3981,730

490

2,6412

142,800 12,875 23,220 178,895 181,324

8 Tangible Fixed Assets

Cost

Plant

Re-imaging

Equipment Total

1 January 18

31 December 18

94,096 10,125

94 096 10 125

104,221

~104 221

Depreciation

1 January 18

Charge in the year

26,347 8,608

1,882 758

34,955

2,640

31 December 18

Net Book Value 2018

Net Book Value 2017

65,867

67,749

758

1,516

28 229 9 367 3~7596

66,625

69,265

9 Debtors

Unrestricted Restricted 2018 2017

Accrued Income 693 693 589

693 693 589

Page 11 Annual report and financial stateinents — Year Ended 3lst Decentber 2018



10 Cash at bank and in hand

Deposit account

Current account

Unrestricted

328,738

9,450

Restricted 2018

328,738

9,450

2017

294, 186

6,918

338,188 338,188 301,104

11 Creditors due within one year

Home Mission

Mission

Utilities

Governance

Insurance

Service ChargeOther

Unrestricted

2,218700

3,033650

6,601

Designated Restricted

10,105

3,300

13,405

2018

10,105

3,3002,218

700

3,033650

20,006

2017

15,731

4,700

1,997700

2,000650754

26,531

12 Designated FundsBalance at Incoming

I January 18 resources

Resources Transfer

expended to/from

General

Fund

Balance at

31 December 18

Home Mission

Legacy

Famine ReliefWeekly Envelope

200th Anniversary

Other

6,698

4,00025

2,000

4,955

1,221

(6,698)

(4,955)

(1,221)

10,105 10,105

4,00025

2,000

10,724 8,176 (12,875) 10,105 16,130

13 Restricted Funds

Balance at Incoming


Resources Transfer

expended to/from

General

Fund

Balance at

31 December 18

Mission

Holiday Club/Youth

Legacies

Bookstall

Anniversary - 200th

Gifts and Donations

Help in Need

Minister in Training

2,677

27,858164

1,000

100

3,277

558

5,760

(13,524)

(100)

(3,277)

(558)

(5,760)

16,168 5,321

27,858164

1,000

31,699 9,696 (23,220) 16,168 34,343

Page 12 Annual repori and financial staiemenis - Year Ended 3 lsi December 20I8



14 Analysis of Accumulated funds

Balance at Incoming


Resources Transfer

expended to/from

General

Fund

Balance at

31 December 18

General

Restricted

Designated

302,005

31,69910,724

202,096 (142,800)

9,696 (23,220)

8,176 (12,875)

(26,272)16,168

10,105

335,028

34,34316,130

344,428 219,968 (178,895) 385,501

Page 13 Annual report and financial slalewenrs - Year Fnded 3 lsi December 20/8

RYE LANE BAPTIST CHAPEL

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