2024-03-31-accounts - Community Church @ Lawrence Weston

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Community Church @ Lawrence Weston

Charity No. 1050616

Trustees' Report and Unaudited Accounts

31 March 2024

Community Church @ Lawrence Weston Contents

	Pages
Trustees' Annual Report	2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Accounts	6 to 12
Detailed Statement of Financial Activities	13 to 14

Page 1

Community Church @ Lawrence Weston Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1050616

Principal Office

170 Kings Weston Lane Bristol

BS11 0QP

Trustees

The following trustees served during the year:

J. Allmark

E. Munanga

H. Roberts

J. Russell

P. Watkins

Accountants

ClearWay Accounting

167-169 Great Portland Street London W1W 5PF

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

Jim Allmark

Jim Allmark (Jan 10, 2025 13:09 GMT)

J. Allmark Trustee 10 January 2025

Page 2

Community Church @ Lawrence Weston Independent Examiners Report

Independent Examiner's Report to the trustees of Community Church @ Lawrence Weston

I report to the trustees on my examination of the financial statements of Community Church @ Lawrence Weston for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's financial statements 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 can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.

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 financial statements to be reached.

Chris Pavett

Chris Pavett (Jan 10, 2025 13:08 GMT)

Christopher Pavett FCA ClearWay Accounting 167-169 Great Portland Street

London

W1W 5PF

10 January 2025

Page 3

Community Church @ Lawrence Weston Statement of Financial Activities

for the year ended 31 March 2024

Unrestricted funds	Restricted funds	Total funds	Total funds
2024	2024	2024	2023
£	£	£	£

45,680	-	45,680	23,644
431	-	431	-
5,475	-	5,475	5,770
230	-	230	-
-	63,000	63,000	4,597
51,816	63,000	114,816	34,011

4,503	-	4,503	25,684
36,783	44,797	81,580	10,847
41,286	44,797	86,083	36,531
-	-	-	-
10,530	18,203	28,733	(2,520)
-	-	-	-
10,530	18,203	28,733	(2,520)

10,530	18,203	28,733	(2,520)

19,719	-	19,719	22,239
30,249	18,203	48,452	19,719

Page 4

Community Church @ Lawrence Weston Balance Sheet

at 31 March 2024

Charity No. 1050616 Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 11 Restricted income funds Unrestricted funds 11 General funds Reserves 11 Total funds Approved by the trustees on 20 November 2024 And signed on their behalf by:	2024 £ 48,452 48,452 48,452 48,452 48,452 48,452 18,203 18,203 30,249 30,249 48,452	2023 £ 19,719
		19,719
		19,719 19,719
		19,719
		19,719
		-
		- 19,719
		19,719
		19,719

Jim Allmark

Jim Allmark (Jan 10, 2025 13:09 GMT) J. Allmark Trustee 10 January 2025

Page 5

Community Church @ Lawrence Weston Notes to the Accounts

for the year ended 31 March 2024

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Page 6

Community Church @ Lawrence Weston Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Page 7

Community Church @ Lawrence Weston Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.

Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 8

Community Church @ Lawrence Weston Notes to the Accounts

2 Statement of Financial Activities - prior year

Income and endowments from: Charitable activities Other trading activities Other Total Expenditure on: Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies Legacy Donations Collections and Offerings HMRC Gift Aid Missionary Collections 4 Income from charitable activities Boing Toddlers Community Facility	Unrestricted £ 21,605 19,615 4,145 315 45,680 Unrestricted £ 431 431	Unrestricted funds 2023 £ 23,644 5,770 4,597 34,011 25,684 10,847 36,531 (2,520) (2,520) (2,520) 22,239 19,719 Total 2024 £ 21,605 19,615 4,145 315 45,680 Total 2024 £ 431 431	Total funds 2023 £ 23,644 5,770 4,597
			34,011 25,684 10,847
			36,531
			(2,520)
			(2,520)
			(2,520) 22,239
			19,719
			Total 2023 £ - 19,362 2,339 1,943
			23,644
			Total 2023 £ -
			-

Page 9

Community Church @ Lawrence Weston Notes to the Accounts

5 Income from other trading activities

Unrestricted £ 5,475 5,475 Unrestricted £ 230 230 Restricted £ 15,000 15,000 33,000 63,000	Total 2024 £ 5,475 5,475 Total 2024 £ 230 230 Total 2024 £ 15,000 15,000 33,000 63,000	Total 2023 £ 5,770
		5,770
		Total 2023 £ -
		-
		Total 2023 £ 4,597 - -
		4,597

Unrestricted £ 1,590 650 1,440 - 500 132 191 4,503	Total 2024 £ 1,590 650 1,440 - 500 132 191 4,503	Total 2023 £ 22,379 676 369 1,800 460 - -
		25,684

Page 10

Community Church @ Lawrence Weston Notes to the Accounts

9 Other expenditure

Consumables Consultancy Fees Kitchen Refurbishment Soft Play Area Employee costs Premises costs General administrative costs Legal and professional costs 10 Staff costs Salaries and wages No employee received emoluments in excess 11 Movement in funds Restricted funds: Restricted income funds: Soft Play Area - Equipment Soft Play Area - Salaries Kitchen Total Unrestricted funds: General funds Total funds	Unrestricted £ 507 6,471 1,032 - 20,992 4,693 2,713 375 36,783 of £60,000. At 1 April 2023 - - - - 19,719 19,719	Restricted £ - - 15,000 29,797 - - - - 44,797 2024 20,992 20,992 Incoming resources (including other gains/losses) £ 33,000 15,000 15,000 63,000 51,816 114,816	Total 2024 £ 507 6,471 16,032 29,797 20,992 4,693 2,713 375 81,580 Resources expended £ (29,797) - (15,000) (44,797) (41,286) (86,083)	Total 2023 £ 4,265 - - - - 5,631 951 -
				10,847
				2023 -
				-
				At 31 March 2024 £ 3,203 15,000 -
				18,203
				30,249
				48,452

Purposes and restrictions in relation to the funds:

Restricted funds: Soft Play Area - Equipment To fund capital purchases of soft play equipment Soft Play Area - Salaries To fund salaries in the first year of soft play area operation Kitchen To fund the installation of a kitchen

Page 11

Community Church @ Lawrence Weston Notes to the Accounts

12 Analysis of net assets between funds

12 Analysis of net assets between funds
Net current assets 13 Reconciliation of net debt Cash and cash equivalents Net debt	At 1 April 2023 £	Unrestricted funds £ 48,452 48,452 Cash flows £	Total £ 48,452
			48,452
			At 31 March 2024 £
	19,719	28,733	48,452
	19,719 19,719	28,733 28,733	48,452
			48,452

Page 12

Community Church @ Lawrence Weston Detailed Statement of Financial Activities

for the year ended 31 March 2024

Income and endowments from: Donations and legacies Legacy Donations Collections and Offerings HMRC Gift Aid Missionary Collections Charitable activities Boing Toddlers Community Facility Other trading activities Hall Hire Investments Kingdom Bank Deposit Interest Other The Nisbet Trust John James Bristol Foundation Bristol Council Total income and endowments Expenditure on: Charitable activities Boing Toddlers Community Facility Governance costs Assemblies of God Contributions Christian Copyright Licensing International ThirtyOne:Eight Total of expenditure on charitable activities	Unrestricte d funds 2024 £ 21,605 19,615 4,145 315 45,680 431 431 5,475 5,475 230 230 - - - - 51,816 1,590 650 1,440 - 3,680 500 132 191 823 4,503	Restricted funds 2024 £ - - - - - - - - - - - 15,000 15,000 33,000 63,000 63,000 - - - - - - - - - -	Total funds 2024 £ 21,605 19,615 4,145 315 45,680 431 431 5,475 5,475 230 230 15,000 15,000 33,000 63,000 114,816 1,590 650 1,440 - 3,680 500 132 191 823 4,503	Total funds 2023 £ - 19,362 2,339 1,943
				23,644
				-
				-
				5,770
				5,770
				-
				-
				4,597 - -
				4,597
				34,011 22,379 676 369 1,800
				25,224
				460 - -
				460
				25,684

Page 13

Community Church @ Lawrence Weston Detailed Statement of Financial Activities

Other expenditure Consumables Consultancy Fees Kitchen Refurbishment Soft Play Area Employee costs Salaries/wages Premises costs Rates Light, heat and power Premises cleaning Premises repairs and maintenance Other premises costs General administrative costs, including depreciation and amortisation General insurances Software, IT support and related costs Stationery and printing Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	507 6,471 1,032 - 8,010 20,992 20,992 33 2,316 240 1,570 534 4,693 2,024 249 - 440 2,713 375 375 36,783 41,286 - 10,530 10,530 - 10,530 19,719 30,249	- - 15,000 29,797 44,797 - - - - - - - - - - - - - - - 44,797 44,797 - 18,203 18,203 - 18,203 - 18,203	507 6,471 16,032 29,797 52,807 20,992 20,992 33 2,316 240 1,570 534 4,693 2,024 249 - 440 2,713 375 375 81,580 86,083 - 28,733 28,733 - 28,733 19,719 48,452	4,265 - - -
				4,265
				-
				-
				- - - 5,631 -
				5,631
				- - 951 -
				951
				-
				-

				10,847
				36,531 -
				(2,520)
				(2,520) -
				(2,520)
				22,239
				19,719

Page 14

CCLW Accounts 2024

Final Audit Report

2025-01-10

Created: 2025-01-10 By: Chris Pavett (chris@clearwayaccounting.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAsiUZlbN8W3_Nn3kbjH0alMAg4dwRM-i9

"CCLW Accounts 2024" History

Document created by Chris Pavett (chris@clearwayaccounting.co.uk)

2025-01-10 - 1:05:09 PM GMT

Document emailed to Jim Allmark (jim@communitychurch-lw.co.uk) for signature 2025-01-10 - 1:05:14 PM GMT

Document emailed to Chris Pavett (chris@clearwayaccounting.co.uk) for signature 2025-01-10 - 1:05:14 PM GMT

Email viewed by Jim Allmark (jim@communitychurch-lw.co.uk) 2025-01-10 - 1:06:16 PM GMT
Email viewed by Chris Pavett (chris@clearwayaccounting.co.uk) 2025-01-10 - 1:07:17 PM GMT
Document e-signed by Chris Pavett (chris@clearwayaccounting.co.uk) Signature Date: 2025-01-10 - 1:08:17 PM GMT - Time Source: server
Document e-signed by Jim Allmark (jim@communitychurch-lw.co.uk) Signature Date: 2025-01-10 - 1:09:21 PM GMT - Time Source: server

Agreement completed.

2025-01-10 - 1:09:21 PM GMT