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2024-12-31-accounts

Registered Charity no. 1050245

Life Church Falmouth

Trustees’ Annual Report & Accounts

For year ending 31[st] December 2024

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Life Church Falmouth

Year Ending 31[st] December 2024 Registered Charity Number 1050245 Registered Charity Address Life Church Falmouth Dracaena Avenue Falmouth TR1 2EG Website www.lifechurchfalmouth.co.uk The Trustees Rodney McGlade (chair) Lesley Carole Belding Lynn Merrett Independent Examiner Graham Boulton FCA Chartered Accountants 71, Trenoweth Road Falmouth TR11 5GH

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Reference and Administration Details

Governing Document

The Governing Document of the charity is its constitution adopted on 4 February 1994, as amended on 22 January 2009.

The charity is constituted in accordance with the Assemblies of God (UK) Model Deed for local churches. There are currently three trustees and they are responsible for ensuring that Life Church Falmouth complies with charity law, that proper financial accounts are maintained and independently reviewed and that meetings and decisions are recorded and that policies and procedures are developed and followed. Whilst the charity is independent, it chooses to work in fellowship with the Assemblies of God (UK) - registered charity no: 1032245. It also adheres to the general tenets as laid down by the Assemblies of God (UK).

The trustees continue to comply with their duties having due regard to guidance for public benefit.

The charity's freehold property is vested in Holding Trustees by a Declaration of Trust.

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Charity Objectives and Aims

To advance the Christian religion for the public benefit in accordance with the Statement of Faith in such parts of the UK and the world through:

Structure, Governance and Management

Trustees are appointed to the board by recommendation of the Chairperson and by agreement of the other Trustees. Quarterly Trustee meetings make decisions in relation to the affairs of the Charity, in order to ensure that all activities and achievements provide benefit to the church community.

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Public Benefit Statement

The trustees confirm that they have had due regard of the Charity Commission’s guidance on public benefit.

Our activities promote the advancement of the Christian faith and the wellbeing of the community through teaching, worship, fellowship, and charitable acts of kindness.

Significant Activity for Community Benefit

The main achievements of the Charity over the year has been the continuation in its aim to provide support, teaching, and help to all who come into contact with the Charity. The Charity has sought to fulfill its ongoing objectives in advancing the Christian faith to all age groups and has worked alongside other charitable agencies to provide aid in the community and beyond. We work with other charities to distribute surplus food to the local community, working with Tesco, Waitrose and Bookers.

We continue to regularly hold free-of-charge social events with a Christian theme to which we welcome all people from the local community. One example event is the Light Café, which we hosted in our main building at times through 2024.

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Plans for the Coming Year

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Financial Review and Reserves Policy

Necessary major decoration of our main meeting room, along with the enforced replacement of the main gas heaters in the church was an unusually large and unpredictable expense in 2024. It was paid for through an appeal solely within the charity. The loss of heating effectively closed our main meeting room for nearly a year whilst we worked through various options for replacements.

Partly in consequence, the trustees have determined that reserves should be maintained at a level whereby they can meet foreseeable financial commitments (approximately 3 months’ normal running costs) and maintain the Church buildings at the appropriate standard and continue to advance the objectives of the charity.

This Trustees’ Report and the Annual Accounts together with the Report by the Independent Examiner are approved by the Board of Trustees.

Name of Trustee: Rodney McGlade

Signature:

Date: 29th October 2025

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Life Church Falmouth

Accounts for the year ended 31 December 2024

Independent Examiner's Report to the Trustees of Life Church Falmouth for the year ended 31 December 2024

I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparationof the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Graham Boulton

Graham Boulton FCA Date 29 October 2025 Chartered Accountants 71, Trenoweth Road, Falmouth, TR11 5GH

Life Church Falmouth Receipts and Payments Account Year ended 31 December 2024

General Fund
Receipts
Grants and donations
Bank interest
Total receipts
Payments
Direct charitable expenditure
Grants payable
Pastors expenses
Expenditure on activities
Premises costs
Other expenditure
Management and administration
Total payments
Net receipts for the year
2024
2023
£
£
£
£
30,881
19,507
2
22
30,883
19,529
3,844
2,030
178
0
7,333
7,123
7,321
18,676
5,186
14,339
6,877
6,832
25,553
21,171
5,330
-1,642

Life Church Falmouth Statement of assets and liabilities Year ended 31 December 2024

2024 2023
£ £
Fixed assets
Property - Falmouth 60,000 60,000
Property improvements 4,772 4,772
Equipment 31,995 31,995
96,767 96,767
Current assets
Bank current account 5,587 2,157
Bank deposit account 2,602 0
8,189 2,157
Current liabilities
Other creditors 2,153 1,452
2,153 1,452
Net current assets 6,036 705
Net assets 102,803 97,472
Reserves
General reserve b/f 97,473 99,115
Net receipts for year 5,330 -1,642
102,803 97,473

The accounts were approved by the Trustees on 29 October 2025 and signed on their behalf by

R McGlade