THE LONDON BAPTIST PROPERTY BOARD LIMITED
Registered charity 249768 · accounts filings on the Charity Commission register
The company exists to serve the work of the Baptist denomination principally, but not exclusively in London by (a) acting as custodian or holding trustee for church and other organisations; and (b) operating a deposit and loan fund in order to make loans available to Baptist churches and organisations for the purchase, repair or improvement of church property.
Causes: Religious Activities · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £93,241 for the year ended 31 December 2024, resulting in total unrestricted and designated reserves of £3,931,156. The trustees confirmed that the charity is able to operate for the foreseeable future with no material uncertainties regarding its ability to continue as a going concern.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Related-party transaction: The company is a wholly-owned subsidiary of the LBA. The staff working for the company are employed by the LBA but undertake duties by agreement for the company. All their costs for work for the company are fully reimbursed to the LBA.
“The company is a wholly-owned subsidiary of the LBA. The staff working for the company are employed by the LBA but undertake duties by agreement for the company. All their costs for work for the company are fully reimbursed to the LBA. The company provides financial support to the LBA through an annual appropriation from available surpluses.” — page 6
“The directors resolved during the year to make an appropriation of £80,000 to the LBA” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Appropriation to LBA: £80,000.
“The company is a wholly-owned subsidiary of the LBA. The staff working for the company are employed by the LBA but undertake duties by agreement for the company. All their costs for work for the company are fully reimbursed to the LBA. The company provides financial support to the LBA through an annual appropriation from available surpluses.” — page 6
“The directors resolved during the year to make an appropriation of £80,000 to the LBA” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by Xeinadin Audit Limited. Discloses 3 of 6 completeness components.
Property (HM Land Registry)
639 registered titles in England and Wales held by the charity’s company or corporate body (596 freehold); recorded price paid £26.5m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~46.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Investments (85% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.8% of total income — below the median for charities its size (5.2%) (benchmarks).
- Anthony John Allen Pike
- David Keith Reader
- Monica Wangundiani Sisimayi
- Olusegun Oludipe Obidipe · trustee of 2 other charities
- Rev Claire Joanne Nicholls
- Rev Joshua Jakee Kane
- Rev Michael Mensah Boadu
- Rev Philip Edward Barnard · trustee of 1 other charity
- Sylvia Carolina Salamanca-Espin
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is THE LONDON BAPTIST PROPERTY BOARD LIMITED financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net income of £93,241 for the year ended 31 December 2024, resulting in total unrestricted and designated reserves of £3,931,156. The trustees confirmed that the charity is able to operate for the foreseeable future with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Xeinadin Audit Limited.
Who funds THE LONDON BAPTIST PROPERTY BOARD LIMITED?
Funders whose own accounts filings name THE LONDON BAPTIST PROPERTY BOARD LIMITED as a grant recipient include SUTTON BAPTIST CHURCH.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LONDON BAPTIST ASSOCIATION.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.