LIBERTY CHRISTIAN MINISTRIES
FINANCIAL STATEMENTS
30 November 2021
Charity Number 1083834
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LIBERTY CHRISTIAN MINISTRIES
FINANCIAL STATEMENTS
Year Ended 30 November 2021
| CONTENTS | Page |
|---|---|
| Trustee annual report | 3 - 6 |
| Statement of financial activities | 7 |
| Income & expenditure account | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 10 |
| Detailed statement of financial activities | 11 |
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LIBERTY CHRISTIAN MINISTRIES
Trustees Annual Reports
Year Ended 30 November 2021
The trustees present their report and the unaudited financial statements of the company for the year ended 30 November 2021.
Reference and Administrative details
Registered Charity Name Liberty Christian Ministries
Charity Registration Number 1083834 Principal Office 1a Norbury Crescent, London, SW16 4JS
The Trustees:
The trustees who served the company during the period were as follows:
Rev Sandra Kerr CBE
Rev Ann-Marie Lawrence
Rev Joseph Campbell
Accountants:
Structure, Governance and Management
Overview
Liberty Christian Ministries was established to serve its local community and support vulnerable people from disadvantaged backgrounds and alleviate poverty.
Liberty Christian Ministries relies on regular voluntary donations from members of Liberty Church who believe in giving of their increase and earnings to the poor and conducting charitable acts of kindness.
The cost of the lease for the venue which Liberty Christian Ministry hosts its Sunday services and weekly training and activities are met by the regular voluntary donations from the local congregation .
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LIBERTY CHRISTIAN MINISTRIES TRUSTEES REPORT
December 2020 – November 2021
Overview
This has been another challenging year for Liberty Christian Ministries with the devastation of the COVID-19 pandemic and navigating the aftershocks. Thankfully Liberty Christian Ministries has been able to continue to serve its charitable purpose and to support vulnerable people from local communities and from disadvantaged backgrounds.
Our main income continues to be from voluntary donations from the Liberty Church members. We have used this income to enable Liberty Christian Ministries to fulfil its charitable objectives to the Church members, extended family and friends, neighbours and wider community.
LIBERTY SUNDAY SERVICES – THE YEAR OF ACQUISITION 2021
We have continued with the theme ‘The Year of Acquisition’ originally established to encourage individuals to acquire new skills, resources and be thankful for opportunities. We have seen a transition from online weekly gatherings to face-to-face events once a week following the removing of the national lockdown restrictions in England in July 2021.
LIBERTY TRAINING INSTITUTE - DIGITAL
Weekly classes have been adapted to align to the ‘Year of Acquisition’ theme. These continue to occur on Wednesdays via Zoom. These weekly sessions continue to provide safe spaces for people to learn and ask questions on a range of topics. These online sessions continue to attract between 40-50 people on a weekly basis via Zoom. Because of the extended reach and engagement enabled through moving the sessions to a digital platform we have decided to continue to deliver these sessions online. We know that these sessions have provided a vital lifeline for some who would have been completely isolated during the pandemic. These sessions are led by the senior Pastor. They will continue in digital format until further notice.
LIBERTY KIDZ CHURCH - DIGITAL
We have continued all the children’s sessions online to digital sessions for 30-minutes at 2:00pm on Sunday afternoon. The classes are broken into smaller groups with age 4-7 and age 8-12. The children sing, pray and share how they are using what they have learned in school and at home. All the teachers have been DBS checked. There are 27 children who join us online.
The children have presented on the themes that they have been learning through song and public speaking in the services like joy and gratitude. The planning and production of these presentations to a public audience who are very receptive and encouraging have helped to boost the confidence of the children, and a number of them have received marked recognition for their improved participation in school.
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LIBERTY WOMEN OF WORTH – DIGITAL AND FACE-TO-FACE
These sessions continued to be digital for the first six months of 2021. The first face to face meeting was in August 2021 with a Ladies High Tea. It was lovely to be able to meet face-toface again. We reactivated our ‘blessing table’ where women were encouraged to donate clothing, toiletries and other items they are no longer using so that other people who may have need of the items can take them for free. This is a very popular way to promote recycling of shoes, clothing and other items. Our focus has been acquiring and sharing skills for career changes as furlough and other support declines. Because of the aftershocks of the pandemic, we have therefore continued to support women with a focus on wellbeing. We will continue to focus on the issues of wellbeing and mental health because of the established evidence of high levels of poor mental health issues in the Black community, and in particular women. We have also had skill sharing workshops including baking and parenting.
LIBERTY MEN UNITED – DIGITAL AND FACE-TO-FACE
The men met face to face for the first time in August with a barbecue for the men and local community. There was also a breakfast for men in September again open to men in the community. They have continued to focus their conversations around advancing their own plans and personal projects and business ideas. There has been a particular focus on business and financial management.
LIBERTY PASTORAL CARE – DIGITAL AND FACE-TO-FACE
The Pastoral Care Team continues with 28 active carers. They have been vital to ensure that all members and friends of Liberty are not isolated and remain connected. The team are assigned to reach out to any regular members who are missing from the weekly services or online gatherings. This check in is made either by text or call. We have continued to provide In-House Bereavement counselling as we continue to help people to manage the aftershocks of the pandemic. Training workshops have returned to face-to-face gatherings.
LIBERTY FOOD PANTRY – WEEKLY HOT MEALS SERVICE
This service has continued with a focus on the winter months. This enables people to enjoy one cooked meal each week.
LIBERTY WEEKLY FOODBANK
We celebrated the first anniversary of the Liberty Foodbank in May 2021. We were delighted to have Steve Reed MP for North Croydon and the Deputy Mayor of Croydon in attendance at the launch event. At the time of the anniversary more than 4000 food hampers had been distributed.
We have now partnered with Fare Share, Banquet, and local super market Sainsbury’s to ensure the food back is well stocked with provisions as the Universal Credit is reduced.
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We continue to receive referrals from Croydon Council; for some of the most vulnerable people living in the borough. We anticipate extending advisory benefits support to foodbank users as we build on our relationship with Croydon Council.
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Liberty Christian Ministries Trustees
November 2021
This report was approved by the Trustees on 28[th] September 2022 and signed on their behalf by:
Pastor Sandra Kerr CBE
Pastor Ann-Marie Lawrence
Pastor Joseph Campbell
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LIBERTY CHRISTIAN MINISTRIES
Statement of Financial Activities
Year Ended 30 November 2021
| Note | Total Funds 2021 £ |
Total Funds 2020 £ |
|
|---|---|---|---|
| Incoming Resources Incoming resources from generating funds: VoluntaryIncome |
2 | 246,872 | 280,882 |
| Total Incoming Resources | 246,872 | 280,882 | |
| Resources Expended | |||
| Charitable activities | 3 | (224,585) | (187,258) |
| Total Resources Expended | (224,585) | (187,258) | |
| Net incoming Resources for theyear | 4 | 22,287 | 93,624 |
| Reconciliation of Funds Total funds brought forward |
39,409 | 42,062 | |
| Total Funds Carried forward | 150,854 | 135,686 |
The statement of financial activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses had not been prepared.
All the above amounts relate to continuing activities
Income & Expenditure
Year Ended 30 November 2021
| 2021 £ | 2020 £ | ||
|---|---|---|---|
| Voluntary Income | 246,872 | 280882 | |
| Total Expenditure | (224,585) | (182734) | |
| Operating Surplus | 22,287 | 93623 | |
| Surplus for the Year | 22,287 | 93623 |
The notes on pages 9 – 10 form part of these financial statements.
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LIBERTY CHRISTIAN MINISTRIES
Year Ended 30 November 2021
| Note | 2021 | £ | 2020 | £ | |
|---|---|---|---|---|---|
| Fixed Assets Tangible Assets |
6 | 14,736 | 18,097 | ||
| Current Assets Debtors Cash at Bank |
7 | 9,865 155,712 165,577 |
9,865 125,932 135,797 |
||
| Creditors:Amounts falling due within oneyear |
8 | 1980 | 635 | ||
| Net current assets | 153,731 | 135,162 | |||
| Total assets less current liabilities | 168,467 | 153,259 | |||
| Creditors:Amounts falling due after more than oneyear |
9 | (17,613) | (17,573) | ||
| Net assets(Liabilities) | 150,854 | 135,686 | |||
| Funds Unrestricted income funds |
10 | 150,854 | 135,686 | ||
| Total Funds | 150,854 | 135,686 |
These financial statements were approved by the members of the committee an authorised for issue on the 28[th] September 2022 and are signed on behalf by:
Pastor Sandra Kerr CBE
Pastor Ann-Marie Lawrence Pastor Joseph Campbell
The notes on pages 9 – 10 form part of these financial statements.
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LIBERTY CHRISTIAN MINISTRIES
NOTES TO THE FINANCIAL STATEMENTS
Year Ended 30 November 2021
1. Accounting Policies
The financial statements have been prepared under the historical cost convention an in accordance with applicable United Kingdom accounting standards and the requirements of the Statement of Recommended Practice ‘Accounting and Reporting by Charities’ issues in March (SORP 2005).
Fixed Assets
All fixed assets are initially recorded at cost
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
-
Equipment 20%: reducing balance method
-
• Fixtures & Fittings 20%: reducing balance method • Motor Vehicles 20%: reducing balance method • Leasehold Property straight-line method over 5 years period
2. Voluntary Income
| 2. Voluntary Income | |||
|---|---|---|---|
| Unrestricted Funds £ | Total Funds 2021 £ | Total Funds 2020 £ | |
| Donations | |||
| Donations Received | 246,872 | 246,872 | 280,882 |
3. Costs of Charitable Activities by Fund Type
| Unrestricted Funds £ | Total Funds 2021 £ | Total Funds 2020 £ | |
|---|---|---|---|
| Charitable activity type 1 (amend desc’s for a/cs 330A, 330B and 330C to altercol headings |
|||
| 224,585 | 119,122 | 107,929 | |
| Support Costs | 105,463 | 74,805 | |
| 224,585 | 224,585 | 182,734 |
4. Net Incoming Resources for the year
| Net Incoming Resources for the year | ||
|---|---|---|
| This is stated after charging: | 2021 £ | 2020 £ |
| Depreciation | 4,265 | £4,525 |
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5. Staff Costs and Emoluments
No salaries or wages have been paid to employees, including the members of the committee during the year.
6. Tangible Fixed Assets
| Equipment | Fixtures & **Fittings ** |
Motor Vehicles |
Leasehold Property |
Total | |
|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ |
| At 1 December 2020 | 49044 | 8827 | 7500 | 92675 | 158046 |
| At 30 November 2021 | 52,273 | 8827 | 7500 | 92675 | 161,275 |
| Depreciation | |||||
| 1 December 2020 | 37157 | 7177 | 2940 | 92675 | 139948 |
| Charge for theyear | 3023 | 330 | 912 | - | 4,265 |
| 30 November 2021 | 40180 | 7507 | 3852 | 92675 | 144,214 |
| Net Book Value | |||||
| At 1 December 2020 | 15116 | 1650 | 4560 | - | 21327 |
| At 30 November 2021 | 12093 | 1320 | 3648 | 17061 |
7. Debtors
| 2021 £ | 2020 £ | |
|---|---|---|
| Other debtors | 6352 | 6352 |
| Prepayments | 3513 | 3513 |
| 9865 | 9865 |
8. Creditors: Amounts falling due within one year
| 2021 £ | 2020 £ | |
|---|---|---|
| Trade Creditors | 1256 | 1256 |
| Other Creditors | 324 | 324 |
| Accruals and deferred income | 876 | 876 |
| 2456 |
9. Creditors: Amounts falling due after more than a year
| 9. Creditors: Amounts falling due after more than a year | ||
|---|---|---|
| 2021 £ | 2020 £ | |
| Other long term loans | 18563 | 18563 |
10. Unrestricted Income funds
| Balance as at 1 December 2020 |
Incoming Resource |
Balance as at November 2021 |
|
|---|---|---|---|
| General Funds | 39409 | 18021 | 150853 |
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LIBERTY CHRISTIAN MINISTRIES
Detailed Statement of Financial Activities
Year Ended 30 November 2020
| Year Ended 30 November 2020 | ||
|---|---|---|
| Incoming Resources | 2021 £ | 2020 £ |
| Voluntary Income | ||
| Donations Received | 246,872 | 280882 |
| Total Incoming Resources | 246,872 | 280882 |
| Resources Expended charitable activities | ||
| Establishment – Rent | 31,992 | 31992 |
| Establishment – Water | 889 | |
| Establishment – Light & Heat | 9989 | 2898 |
| Establishment – Repairs & Maintenance | 9,408 | 15007 |
| Establishment - Insurance | 4,922 | 6404 |
| Establishment - cleaning | - | 3513 |
| Storage Costs | - | - |
| Motor Vehicle & Maintenance | 15,426 | 7676 |
| Professional AccountancyFees | ||
| Bank and credit card charges | 1,169 | 1294 |
| Otherprofessional and legal advice | ||
| Office expenses – Telephone and internet | 4,810 | 4397 |
| Office expenses –postage, printingand stationery | 292 | 1684 |
| Depreciation | ||
| Direct charityactivity1 – MinistryExpenses | 26,871 | 21698 |
| Direct charityactivity1 – Honoraria | 24,070 | 10470 |
| Direct charityactivity1 – Hospitality | 18,853 | 17666 |
| Direct charityactivity1 – Entertainment | 4,251 | 5370 |
| Direct charityactivity1 – Small Equipment and consumables | 14,731 | 8818 |
| Direct charityactivity1 – Subcontractors | - | - |
| Direct charityactivity1 – Advertising&publicity/promotional | 7,189 | 5801 |
| Direct charityactivity1 – The Pantry | 7,956 | 3258 |
| Direct charityactivity1 – Subsistence | 205 | 500 |
| Direct charityactivity1 – Training& Education | 16,483 | 10284 |
| Direct charityactivity1 – Food Bank | 6,486 | 2628 |
| Direct charityactivity1 – Travel & Accommodation | 10,794 | 13823 |
| Direct charityactivity1 – Travel/Petrol | 3,116 | 2835 |
| Direct charityactivity1 – Office & General Administrative | 5,480 | 3830 |
| SundryExpenses – computer costs | 92 | - |
| 224,585 | 182,734 | |
| Net Incoming resources for theyear | 22,287 | 93,623 |
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