## LIFE COMMUNITY CHURCH
407 LODGE ROAD
HOCKLEY BIRMINGHAM Bi8 5PW
Registered Charity: 1075866
## STATEMENT OF ACCOUNT
## AND
INDEPENDENT EXAMINATION REPORT FOR THE YEAR ENDED 315' DECEMBER 2023
Luke Silver Accountancy & Taxation Services 25 Ellicombe Close Minehead Somerset TA24 6DQ
Mobile: 07710 456376
E-mail: luke-silver@puresilver.org.uk
## Independent Examiner’s Report on the Accounts
## Accruals Accounts
## Report to the trustees/members of Life Community Church
## Registered Charity Number 1075866
## On the accounts for the year ended 31*t December 2023
## Set out on the following pages
## 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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
it is my responsibility to:
examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
state whether particular matters have come to my attention.
## Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 you as trustees concerning any such matters. The procedures undertaken do not provide ail 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
- e To keep accounting records in accordance with section 130 of the 2011 Act; and e To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2014 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.
## Signed L A Silver
Date: 7 March 2024
Luke Silver, HNC Business & Finance Accountancy Practitioner
25 Ellicombe Close, Minehead, Somerset. TA24 6DQ
## Independent Examiners Report to the Trustees and Church Council
## introduction
Thank you for submitting the accounts for independent examination. They have been well maintained and the treasurer and others responsible are to be commended for their hard work.
## Charity Law and Financial Regulations
The independent examination has been carried out in accordance with the Charities (Accounts and Reports) Regulations 1995 (Statutory Instruments No 2724) and the Accounting by Charities Statement of Recommended Practice (SORP).
## Signing of Accounts
| shall be obliged if you will please forward a copy of the signature page for my records after the accounts have been signed by a representative appointed by the Trustees and Church Council. A spare copy is enclosed.
## Conclusion
There are no other matters | feel need to be brought to your attention.
Please do not hesitate to contact me for further clarification or for further assistance.
## Luke Silver
Date: 7 March 2024
## Independent Examiners Report to the Church Council
## 1. Accounting Policies
- a) The financial statements have been prepared in accordance with applicable accounting standards and follow the recommendations in Statement of Recommended Practice Accounting by Charities (SORP) issued October 2000.
- b) There has been no change to the vaiuation rules since last year. The accounts are presented in an accruals format.
- c) No changes have been made to accounts for previous years.
## 2. Trustees
Robert Tsatsu Dadeboe received £21,231.54 remuneration. This is in accordance with the Trust Deed under which the charity is constituted. The remuneration is expenditure Incurred in fulfilling the objects of the charity.
## 3. Expenditure
Independent Examiner's fee for the year is £830.
## 4. Endowment and Restricted Funds
During the year a Building Fund continued as a restricted fund.
## 5. Investment Assets
The charity does not have any investment assets.
## 6. Paid Employees
The charity has three paid employees. They are paid salaries to support the further development of the objects of the charity.
## 7. Charity Management and Administration
The total administrative costs during the year were £3,176.
## 8. Fixed Assets — Land & Premises
No additional land or bulldings were purchased during the year.
## 9. Fixed Assets — Contents of Premises
The value of the contents is for insurance purposes and is a provisional figure.
## 10. Debtors & Prepayments
There are no debtors for this financial year. The prepayments in the accounts are for the Building and Contents Insurance, Mini Bus Insurance and Car Park Rent.
## 11. Creditors & Accruals
There are no accruals.
## LIFE COMMUNITY CHURCH
REPORT OF THE TRUSTEES AND CHURCH COUNCIL FOR THE YEAR ENDED 3157 DECEMBER 2023
## ACTIVITIES REVIEW
The financial results are set out In the enclosed accounts.
The principal activity throughout the year under review was that of the advancement of the Christian faith and the extension of the Kingdom of God.
## TRUSTEES AND CHURCH COUNCIL MEMBERS
The trustees and church council during the year were as follows:
## Robert Tsatsu Dadeboe
53 Elbow Street, Cradley Heath. B64 6UP
Patsie Joan Loretta Maynard
77 Maxwell Avenue, Handsworth, Birmingham. B20 3TX
## Warayidzo Mudunge
84 Glyn Farm Road, B32 1NP
## Simbai Lydia Kafesu
15 Batfield Close, Birmingham, B42 7EL
## STATEMENT
We certify that the books, vouchers and information produced to enable the independent examination of our accounts to be conducted contain a full and correct record of our financial transactions and activities to the best of our knowledge and betief.
## SIGNED ON BEHALF OF THE TRUSTEES
ease print name: ) PI int (atsi E MAY— >
ate: Dat 27 Wb th DOR.
## Life Community Church
## Statement of Financial Activities
## For the period from 01 January 2023 to 31 December 2023
||Unrestricted
funsts|Restricted
funds|Endowment
funds|Total
funds|Prior year
totalfunds|
|---|---|---|---|---|---|
|Incomingresources||||||
|Incoming resourcesfrom generatedfunds|-|-|-|-|-|
|Voluntaryincome|73,148.08|7534.06|:|80,682.15|91,251.88|
|Actesforgeneratingfunds
imestment Income|737.65
562.41|5,803.35
-|-
-|6,541.00
562.41|6,231.90
74.10|
|Incoming resourcesfrom charitable activities|-|-|-|-|-|
|Other Incoming resources|13,003.96|847.61|-|13,851.57|13,605.67|
|TotalIncome|87,452.11|14,185.02|-|101,637.13|114,163.55|
|Resources used||||||
|Cost of generatingfunds
Cost ofgenerating voluntaryincome
Fundratsingtrading
cost of goods sold andother costs|2,838.08
51,994.34
-|-
12,237.89
-|-
-
-|2,838.08
64,232.23
-|7,006.98
68,131.25
-|
|Imestmentmanagementcosts|-|-|-|-|-|
|Charitableactivities
Govemancecosts
Other rasourcas used|1,375.97
7214.86
1,190.34|13,758.70
208,60
3,182.46|-
:
-|15,134.67
7,423.46
4,372.80|16,134.41
5,014.21
6,936.23|
|Totalexpenditure|64,613.59|23,387.65|-|94,001.24|103,223.08|
|NetIncome/(expenditure)resourcesbeforetransfer|22,838.52|(15,202.63)|-|7,835.88|7,940.47|
|Transfers:||||||
|Groas transfers betweenfunds -in
Grosstransfers betweenfunds-out|1,022.13
(15,240.87)|46,488.74
(2,270.00)|-
-|17,510.87
(17,510.87)|18,741.33
{18,741,33)|
|Otherrecognised gains /fosses||||||
|Galinsfosses on investmentassets|-|-|-|-|.|
|Galns onrevaluation,
fixed assets,charity's
own use|-|-|:|-|-|
|Netmovementinfunds|8,619.78|(983.89)|-|7,635.89|7,540.47|
|Reconciiation
offunds||||||
|Totalfundsbroughtforward|2,666,180.80|41,288.00|-|267746880|2,669,528.33|
|Totalfundscarriedforward|2,674,800.58|10,304.11|-|2,685,104.69|2,877,468.80|
(14 February 2024 3:51 pm) Page 1 of1
## Life Community Church
## Balance Sheet detalled
||As at|As at|
|---|---|---|
|31/12/2023
31/12/2022
er
astern enrerennnansn
pe epee renee,|||
|Fixed assets|||
|AS01: Building|2,483,313.00|2,483,313.00|
|AS02:Becticat|30,000.00|30,000.00|
|ASO3: Musical instruments
AS04: SoftFumishings|5,000.00
20,000.00|5,000.00
20,000.00|
|4S05: Furniture|20,000.00|20,000.00|
|AS06:Mri Bus|7,000.00|7,000.00|
|ASO7:Gas boilers|30,000.00|30,000.00|
|ASOS:Mscollaneous|10,000.00|10,000.00|
|ASO9:PAEquipment|20,000.00|20,000.00|
|Total Fixed assets|2,625,313.00|2,625,313.00|
|Current assets|||
|CAN:HSBC72881495|20,789.23|12,723.22|
|CAO2:HSBCSavings92881209|38,754.43|36,192.02|
|CAO3:KBLSavings|244.20|244.20|
|205:AccountsReceivable|2,003.83|2,996.36|
|Total Currentassets|59,791.69|§2,155.80|
||i|nnd|
|Net Asset surplus (deficit)|2,685,104.69|2,677,468.80|
||—aoooaaeaeaEaEaEeEE—————||
|Reserves|||
|Excess/(daficit) to date|7,635.89|7,940.47|
|201: Startingbalances|2,677 A6B80|2,669,528.33|
|202.Gains/losses)
on investment assets|-|-|
|Total Reserves|2,685,104.69|2,677,468.80|
|RepresentedbyFunds|||
|General (Unrestricted)|2,674,800.58|2,666,180.80|
|Resticted|40,304.11|14,288.00|
|Total|2,685,104.69|2,677AS8.80|
(14 February 2024 3:52 pm) Page 1 of 1