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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
3 |
Statement of financial activities (including income and expenditure account) |
4 |
Statement of financial position |
5 |
Notes to the financial statements |
6 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Life Church Centre |
office |
Elms Road |
Hook |
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Hampshire |
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RG27 9DX |
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Independent examiner |
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45 Vale Street |
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DENBIGH |
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Denbighshire |
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LL16 3AH |
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Trustee |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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Other trading activities |
6 |
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– |
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Investment income |
7 |
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Other income |
8 |
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Total income |
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------- |
-------- |
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Expenditure on charitable activities |
9,10 |
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Other expenditure |
12 |
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– |
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Total expenditure |
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Net (expenditure)/income and net movement in funds |
(
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(
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(
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--------- |
------- |
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Total funds brought forward |
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--------- |
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--------- |
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Total funds carried forward |
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--------- |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible fixed assets |
17 |
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Debtors |
18 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
19 |
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Net current liabilities |
(
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
20 |
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--------- |
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Net assets |
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--------- |
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Restricted funds |
445,215
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448,384
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Unrestricted funds |
257,764
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266,405
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--------- |
--------- |
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Total charity funds |
22 |
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--------- |
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Trustee |
Trustee |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Plant and machinery |
- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Donations and gifts |
89,580 |
2,800 |
92,380 |
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-------- |
------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Donations and gifts |
102,403 |
5,300 |
107,703 |
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--------- |
------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Letting and licensing arrangements |
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------- |
------- |
------- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Other interest receivable |
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---- |
---- |
---- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Other interest receivable |
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---- |
---- |
---- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Income from other activities |
1,171 |
401 |
1,572 |
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Youth activities income |
– |
– |
– |
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------- |
---- |
------- |
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------- |
---- |
------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Income from other activities |
223 |
– |
223 |
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Youth activities income |
– |
676 |
676 |
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---- |
---- |
---- |
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---- |
---- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Church Activities |
54,255 |
5,277 |
59,531 |
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Support costs |
29,833 |
799 |
30,631 |
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-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Church Activities |
57,604 |
5,288 |
62,892 |
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Support costs |
27,361 |
586 |
27,946 |
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-------- |
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-------- |
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Activities undertaken directly |
Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
£ |
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Church Activities |
50,576 |
8,955 |
29,658 |
89,189 |
90,118 |
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Governance costs |
– |
– |
973 |
973 |
720 |
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-------- |
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-------- |
-------- |
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-------- |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Governance costs |
960 |
960 |
– |
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Depreciation |
2,262 |
2,262 |
– |
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Premises and insurance |
18,594 |
18,594 |
– |
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Administration expenses |
7,362 |
7,362 |
– |
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-------- |
-------- |
---- |
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29,178 |
29,178 |
– |
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-------- |
-------- |
---- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Financing costs |
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-------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
2,262 |
3,153 |
Fees payable for the audit of the financial statements |
960 |
707 |
------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Independent examination of the financial statements |
960 |
708 |
---- |
---- |
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Employer contributions to pension plans |
1,862 |
3,192 |
-------- |
-------- |
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-------- |
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2024 |
2023 |
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No. |
No. |
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Church activities |
2 |
2 |
Administration |
1 |
1 |
---- |
---- |
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3 |
3 |
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---- |
---- |
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Freehold property |
Plant and machinery |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 June 2023 |
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Additions |
– |
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--------- |
-------- |
--------- |
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At 31 May 2024 |
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-------- |
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Depreciation |
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At 1 June 2023 |
– |
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Charge for the year |
– |
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--------- |
-------- |
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At 31 May 2024 |
– |
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--------- |
-------- |
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Carrying amount |
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At 31 May 2024 |
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--------- |
-------- |
--------- |
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At 31 May 2023 |
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--------- |
-------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Prepayments and accrued income |
– |
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Other debtors |
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------- |
-------- |
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------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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Accruals and deferred income |
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-------- |
-------- |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Bank loans and overdrafts |
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--------- |
--------- |
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At 1 June 2023 |
Income |
Expenditure |
Transfers |
At 31 May 2024 |
|
£ |
£ |
£ |
£ |
£ |
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General funds |
266,515 |
94,343 |
(103,289) |
195 |
257,764 |
--------- |
-------- |
--------- |
---- |
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At 1 June 2022 |
Income |
Expenditure |
Transfers |
At 31 May 2023 |
|
£ |
£ |
£ |
£ |
£ |
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General funds |
259,304 |
105,870 |
(98,769) |
– |
266,405 |
--------- |
--------- |
-------- |
---- |
--------- |
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At 1 June 2023 |
Income |
Expenditure |
Transfers |
At 31 May 2024 |
|
£ |
£ |
£ |
£ |
£ |
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Building Fund |
441,723 |
– |
– |
– |
441,723 |
J5 Fund |
6,262 |
2,811 |
(6,076) |
– |
2,997 |
Little Seeds Fund |
289 |
401 |
– |
(195) |
495 |
--------- |
------- |
------- |
---- |
--------- |
|
448,274 |
3,212 |
(6,076) |
(195) |
445,215 |
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--------- |
------- |
------- |
---- |
--------- |
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At 1 June 2022 |
Income |
Expenditure |
Transfers |
At 31 May 2023 |
|
£ |
£ |
£ |
£ |
£ |
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Building Fund |
441,723 |
– |
– |
– |
441,723 |
J5 Fund |
6,262 |
5,208 |
(5,273) |
– |
6,197 |
Little Seeds Fund |
289 |
776 |
(601) |
– |
464 |
--------- |
------- |
------- |
---- |
--------- |
|
448,274 |
5,984 |
(5,874) |
– |
448,384 |
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--------- |
------- |
------- |
---- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Tangible fixed assets |
493,152 |
442,020 |
935,172 |
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Current assets |
(4,227) |
6,609 |
2,382 |
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Creditors greater than 1 year |
(231,068) |
– |
(231,068) |
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--------- |
--------- |
--------- |
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Net assets |
257,857 |
448,629 |
706,486 |
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--------- |
--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Tangible fixed assets |
495,164 |
442,020 |
937,184 |
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Current assets |
14,845 |
6,364 |
21,209 |
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Creditors greater than 1 year |
(243,604) |
– |
(243,604) |
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--------- |
--------- |
--------- |
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Net assets |
266,405 |
448,384 |
714,789 |
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--------- |
--------- |
--------- |
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