COMMUNITY LIFE TRUST
known as BEACON CHURCH
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st MARCH 2024
Company number.. 4518128
Registered Charity number.. 1095763

COMMUNITY LIFE TRUST
known as BEACON CHURCH
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31st MARCH 2024
Contents
Page
Company Information
Trustees, Report
Independent Auditols Report
Consolidated Statement of Financial Activities
Consolidated Balance Sheet
Consolidated Cash Flow Statement
Company Balance Sheet
Notes to the Financial Statements
10
12
13-23

COMMUNITY LIFE TRUST known as BEACON CHURCH
COMPANY INFORMATION
Company number
4518128
Registered charity number
1095763
Regi8ter8d office
and Principal address
Community Life Trust
95 Guildford Street
Chertsey
Surrey KT16 9AS
Secretary
Keith Holder
Trustees
Keith Holder
Nathan Wardill
Felix Mashedi
Adriaan van den Broek
David Wayland
Key management p8r8onnel
Trustees and
Jennifer Wardill
Constltutlon
Community Life Trust is a company limited by guarantee
without share capital, and is governed by it8
Memorandum and Articles of Association. Each member
is liable to contribute up to a maximum of £10 to the
company's debts in the event of winding up. The
company is administered by it8 tru8tees who are also
directors for the purposes of company law,
Bankers
CafBank Ltd
PO Box 289
West Malling
Kent ME19 4TA
Stewardship Services
1 Lamb's Passage
London
EC1Y 8AB
Solicltors
Stewardship Services
1 Lamb's Passage
London
EC1Y 8AB
Barlow Robbins
The Oriel
Sydenham Road
Guildford
Surrey GU13SR
Independent Audltor
Miriam Hickson
Jacob Cavenagh & Skeet
5 Robin Hood Lane
Sutton
Surrey SM12SW
Page 1

COMMUNITY LIFE TRUST known as BEACON CHURCH
REPORT OF THE TRUSTEES
The Trustees have pleasure in submitting their Annual Report and the financial statements for the year
to 31st March 2024, which have been prepared in accordance with the Statement of Recommended
Practice "Accounting and Reporting by Charities" (FRS 102), the Companies Act 2006 and Financial
Reporting Standard 102. The annual report serves the purposes of both a Trustees, Report and a
Directors, Report under company law.
Objectives and activities
The objects of the charity are as follows.,
the advancement of the Christian Faith in accordance with the Church's Statement of Beliefs.,
the relief of persons who are in conditions of need, hardship or distress.
the advancement of education of the public.
In planning the activities for the year, the Trustees have given consideration to the Charity
Commission's guidance on public benefit.
In order to advance the Christian Faith in the local community, regular meetings are held where Church
members and other interested persons can worship, pray, receive teaching on, and participate in
discussions of, aspects of the faith. Grant8 are also made to organisations, both in the UK and
overseas, which seek to advance the Christian Faith.
The relief of persons who are in conditions of need, hardship or distress is achieved by making grants
and offering support to individuals who meet the criteria, in particular through operating a Foodbank in
the local area. Grants are also made to organisations, operating in both tha UK and overseas, which
have the same objective.
The advancement of education of the public concentrates on the provision of education in relation to
personal financial management, personal wellbeing and language tuition,
The Trustees plan to continue with these same activities for the foreseeable future.
Grants pollcy
Grants are made to Christian organisations and workers who are involved in advancing the Christian
faith.
Grants are made to a number of Christian organisations, both in the UK and overseas, whose areas of
work the Church particularly want8 to support.
Grants are made to a number of Christian workers, mostly Church members working overseas, to
support them in their ministry.
Reference and administrative detalls
The legal and administrative details required by law set out on page 1 form part of this report.
Achievements and performance
Beacon Church holds regular meetings for worship, prayer and teaching. Many Church members are
also regular attenders at midweek connect group meetings.
Midweek meetings are held regularly to meet particular needs. These include groups for children,
young people and for parents and toddlers.
Page 2

COMMUNITY LIFE TRUST known as BEACON CHURCH
REPORT OF THE TRUSTEES
CONTINUED
As part of the Church's commitment to those who are in need, hardship or distress, as well as to
provide education in personal financial management and wellbeing, the Church continues to support a
Foodbank programme which has expanded during the year. As well as operating regularly from five
distribution centres, the Foodbank provides food for lunches during the school holidays for children in
receipt of free school meals. During the year a practical course to help people eat well whilst spending
less on food was continued. The Church also supports a CAB Adviser to be present at Foodbank
sessions to provide practical advice on accessing benefits and other services.
The Church also operates a ministry called Just a Helping Hand which provides support to homeless
individuals in the local area. Durig the year a support group for Ukrainian refugees has continued to
operate, along with language tuition and access to advice.
The Church's property in Chertsey, known as The Beacon, continues to be much used. The coffee
shop located on the ground floor of the building is also used for Sunday services. Weekday activities of
the church take place on tha first floor of the building part of which is also occasionally hired out. Two
limited companies have been created each having 100 % of the shares owned by Community Life Trust.
The companies are Community Life Properties Limited (CLPL) which purchased, developed and
maintains the property and Beacon Hospitality Services Limited (BHSL) which operates the coffee
shop.
The coffee shop continues to run successfully with increased custom and impact on the community.
During the year the Church completed the purchase of the former Kings Head public house which is
situated adjacent to the existing Church building. As well as providing additional accommodation for the
work of the Church and its support of the community, it provides the Church with control of the car park
which was shared by the two properties. The majority of the purchase price was covered by
generous donation.
Flnanclal Revlew
The Church is financially dependent on the voluntary support of its members and the wider community.
Total voluntary income receipts for the year amounted to £692,054, to which were added £98,387 in
grants, £25,979 income tax refund, £11,211 from interest and other income, and £216,644 from gifts in
kind. Income from trading activities amounted to £150,504. Expenditure amounted to £833,796
resulting in a surplus of £360,983.
During the year CLPL repaid £7,700 of the long term loan made to it by the Church and BHSL repaid
£4,890. An additional long term loan of £30,000 was made to CLPL for the installation of solar panels,
The total of outstanding long term loans in both CLPL and BHSL is £208,180.
The church's reserves at the end of the year were £1,827,722 of which £416,944 were restricted funds
and £1410,778 were unrestricted funds. Of these funds £464,320 is invested in fixed assets and
£873,298 is invested in CLPL and BHSL. The remaining unrestricted reserves are £111,578. The
consolidated reserves were £1,583,458 (2023 £1,222,475).
The reserves policy for unrestricted funds is to retain sufficient reserves:
To ensure that the Church has sufficient funds to meet its financial commitments.
To demonstrate that the Church is sustainable into the future.
To ensure that the Church is able to manage future unforeseen financial difficulties.
To ensure that eX￿sSive funds are not held without any identifiable reason or purpose.
Page 3

COMMUNITY LIFE TRUST known as BEACON CHURCH
REPORT OF THE TRUSTEES
CONTINUED
Restricted funds may be held to be used for the restricted purpose for which they were given.
The trustees have reviewed the level of reserves and consider that they are in line with the reserves
policy and are adequate to provide for the ongoing work of the Church. In the light of this review, the
trustees are of the view that the Church is a going concem.
In addition to financial contributions, the Church is also reliant on the voluntary donation of time by
members to enable the various activities of the Church to take place. For the successful running of the
Foodbank a large number of volunteers come from other churches and the community.
Structure and management
The following individuals have senied as trustees during the year:
Keith Holder
Nathan Wardill
Felix Mashedi
Adriaan van den Bro8k
David Wayland
Trustees are appointed by the members of the company and are chosen from among the spiritual
leadership of the Church. As such they are already aware of the objectives and activities of the
Church. All trustees seek to keep abreast of relevant legislation and good practice. To this end they
receive relevant advice from the Church's independent examiners and from Stewardship Services.
The trustees who are also the members of the company make all policy decisions, Day to day
decisions are made by Church staff but only within the boundaries defined in their individual Role
Descriptions.
The pay and remuneration of key management personnel is decided by the trustees (excluding any
employed trustee) taking into account general national pay settlements and the financial resources
available,
Rlsk management
The Church has operated a "Safe From Harm" child protection and vulnerable adults policy for a
number of years,This policy was reviewed and updated during the year to keep it in line with latest
legislation and good practice.
A formal risk management process is in place and systems have been established to manage the risks
identified.
Post balance sheet developments
Following the purchase of the former Kings Head public house a gift day was held at which Church
members were able to donate gifts toward the renovation of the building. Subsequently working were
organised to start this work on a number of Saturday mornings.
Page 4

COMMUNITY LIFE TRUST known as BEACON CHURCH
REPORT OF THE TRUSTEES
CONTINUED
Trustees, responsibilities
The trustees (who are also the directors of Community Life Trust for the purposes of company law) are
responsible for preparing the Trustees, Report (incorporating the directors, report) and the financial
statements in accordance with the applicable law and United Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102: The Financial Reporting Standard Applicable in
th8 UK and Republic of I￿land (United Kingdom Generally Accepted Accounting Practice) .
Company law requires the trustees to prepare financial statements for each financial period which give
a true and fair view of the state of affairs of the charitable company and of the income and expenditure
of the charitable company for that period, In preparing those financial statements, the trustees are
required to:
select suitable accounting policles and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material
departure disclosed and explained in the financial statements, and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in existence.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the company and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
Dlscclosure of Informatlon to audltor8
To the best of the knowledge and belief of the trustees,there is no relevant information that the charity's
auditors are not aware of, and the trustees have taken all the steps necessary to ensure that the
trustees are aware of any relevant information, and to establish that the charity's auditors are aware of
the information,
Small company
This report has been prepared in accordance with the provisions applicable to companies subject to the
small companies regime within Part 15 of the Companies Act 2006
ON BEHALF OF THE TRUSTEES
Keith Holder
Date
Igl121?ox
Page 5

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
COMMUNITY LIFE TRUST (the COMPANY) known a8 BEACON CHURCH
Oplnlon
We have audited the financial statements of Community Life Trust (the 'p8rent company.) and its
subsidiaries I'the group'l for the year ended 31 March 2024 which comprise the consolidated
Statement of Fin8nclal Activities, the consolidated and parent Balance Sheets, the consolidated
Statement of Cash Flows and notes to the financial statements, in¢luding significant aGcountlng
policies. The fin8ncial reporting framework that has been applied in thelr preparatlon Is applicable law
and United Kingdom Accounting Standards, including The Financial Reporting Slandard appllcable In
the UK and Republ1¢ of Ireland (United Kingdom Generally AeKepted Accounting PraclS¢e}.
Irln our opinion. the financlal statements..
give a true and fair view of the state of Ihe group's and of the parant company's 8ffalr8 a8 at
31 March 2024 and of the group's surplus for the year then ended..
have been properly pr8par8d in accord8nca with Unlted KSngdom Generally Accepted
Accounting Practice;
hav6 b88n prepared In accordance wlth the r8qulr8mént8 of the Comp8nie8 2008
Ba818 for oplnlon
We conducted our audlt In a¢cordance wllh InlernatSonal Standards on Audltlng IUKI (ISAS IUKI) and
appllcable law. Our ro8ponsibilitles under those 8t8ndards are lurther des¢rlb6d In the Audttof's
re8pon8ibllltles for the audit of the flnancial $18lement8 secllon of our report. We are Independènt of
the group In accordancé with the ethlcal requlr8m8nt8 that ar8 r818vant to our audll of the flnanclal
statements In the UK, including the FRC'S Ethlcal Standard, and we have fulfilled our other ethical
respon$lbllltle$ In accordance wlth these requlromenlB. WO belleve that the audlt evldence we havo
oblalned 18 $uffl¢l•nt and approprlate to provlde a ba61$ for our oplnlon.
Conclu8lon8 rol•llng to golng concern
In audltlng the ffinanclal 8tat&ment8, we have concluded that the tru8tee8' Use of the golng concern
ba818 of accounllng In th8 preparallon of the flnanclal 81atemenls18 approprlate.
Based on the work we have p8rformed, we have nol Identlfled any materlal uncertalntle& relallng to
event8 or condltlons that, Indlvldually or coll8Ctlv8ly, may ca8151gnlfic8nt doubt on the charlty's ablllty
to conllnue as a 9olng concarn for a perlod of at lea8t 12 month8 from when the flnanclal statements
are aulhorl88d for188ue.
Our r88pon8lbllltl68 and the r88pon81bllllle8 of the trustees wlth rn8pecl to golng concern aro
d88crlbed In the relevant 8&ctlong of th18 report.
Conclu•lon• ralatlng to golng ¢on¢orn
The other Informatlon comprlses th8 Informatlon Included In the annual report, other th8n the flnanclal
Statements and our audltor'8 report thereon. Th8 trustees are responslble for the other Informatlon
contained wlthln the 8nnu81 report. Our oplnlon on the flnanclal statements does not cover the other
Informatlon and. except to the èxtent othe￿188 expllcltly stated In our report, we do not expr86S any
form of assurance concluslon thereon.
Our ra8pon8lblllty 18 to read the other Informatlon and. In dolng so. ¢on8lder whether the other
Informatlon Is materlally Incon81stenl wlth the flnanclal statements or our knowledge obt8ln&d in the
course of the audit, or otherwlse appears lo be materially misstated. If we identify such mal8rial
Incon8lstencles or apparent materi81 misstalemenls, we are required to detèrmine whether this gives
rlse to a materlal misstatement in the flnanclal $latemenl$ themselves. If, based on the work we have
performed, we conclude that there 18 a matorial misstatèment of this other informatlon, we are
requlred to report that fact.
We have nothing to report In th18 regard.
Oplnlons on othor mattgrty projcrlbed by the Compan108 Act 2008
In our opinion, based on the work undertaken in the course of our audlt:
In our opinion. based on Ihe work undertaken in the course of the audlt..
the informatlon given in the trustees, report for the financial year for whl¢h the financial
statements are prepared is consistent with the financial statements.. and
the trustees, report has been prepared in accordance with applicable legal requirements.
Page6

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
COMMUNITY LIFE TRUST (the COMPANY) known as BEACON CHURCH (contd)
Matters on which we are r8quirnd to rnport by ox¢option
In the light of the knowledge and understanding of the group and the parent company and its
environment obtained in the course of the audit, we have not identified material misstatements in the
trustees, report.
We have nothlng to report in respect of the following matters in relalion to whlch the Companies Act
2006 requires us to report to you if. in our opinion..
adequate accounting records have not b•&n kept by the parent company, or returns adequate
for our audlt hav8 not been received from bran¢h8s not visrted by us., or
Ihe parent company financial 8tatements aro not In agreement wlth the a¢¢ountlng records
and returns., or
certaln dlsclo8ur88 of trustees, remuneratlon sp&clfl8d by law are not made., or
we hav& not received all the informatlon and èxplanations we requlre for our audlt.
the trustees were not enlltlod lo prepare the finan¢lal statements in accordance wlth the small
companSe8 regime and lake advantage of the small Companles 6xempllon8 In preparlng tho
trustee8' report and from tha requirement to preparo a strategic roport.
Ro8pon8lbllltI￿ of tru•t••8
As explained mor8 fully In the trustoes, re8pon8lbllltles Stalemenl. Ihe tru8t8e8 ar8 re8ponslble for tha
preparatlon of tha finan¢lal Statements and for being 8atisfSed thal they glve a truè and falr vlew, and
for such Intèmal control as the dlrectors d8t8rmlna 18 nece898ry lo enabla the preparatlon of flnanclal
8tat8ment8 that are free from materlal m188talement, whether due lo fraud or error.
In preparlng thè flnanclal 8talemenls, tho tru8tOa8 are re8pon8lble for 888e881ng tha group'8 and the
parent ¢ompany'8 ablllty lo continue a8 a golng ¢on¢&rn, dlsclosSng, as appllcable, matters related to
golng concern and uslng Ihtr golng concern ba818 of accounllng unles8 the trustee8 ellher Intend to
Ilquidate the group or the parent Gompany or to cease oper811ons, or have no realisllc alternallve bul
to do 80.
Audltorf• re•pon•lbllltlo• for the audlt of the flnanclal •tat•ment•
Our oble¢llves are to oblaln re880nable a8suronce about whether the flnanclal statements as a whole
are free from malerlal mi88tatem&nl, whether due lo fraud or error, and lo l$suo an audltor'8 report
that In¢lud&s our oplnlon. Rea80nable a88uran¢e Is a hlgh levol of a88ur8nc8. bul 1$ not o guarantee
that an audlt conducted In accordance wlth ISA8 {UK} wlll alway8 detect a malerlal mlsstatement
wh8n It axl818.
Mlsslatemenls can ar18e from fraud or error and are consldered material If, Indlvldually or In the
89gregate, they could reasonably be expected to Influen¢a th8 economlc dec181on8 of u8ers taken on
the basls of Ihese Itnanclal statement3.
The extent to whlch our procedures are capable of detectlng Irregularlll88, Includlng fraud Is detalled
below..
Based on our understsndlng of the charlly, we Idenllfl6d that th& prlnclpal rf8k8 of non-compllance wllh law8
and regulatlon8 related to employment and flnanclal reportlng legl8lation and we consldered the extent to
whlch non-compllance mlghl have & mater181 effect on the flnand818talements. We also oon8ldered those
laws and regulatlons that havè 8 dlr•¢l Impact on the preparatlon of the finan¢lal ¥1atemontJ such as the
Charflles Act 2011.
We 8sse88ed the 8uscepllblllty of th? ¢harlty's flnanclal statements to materl81 mS$¥latemenl, Includlng
oblalning an understanding of how fraud rnight occur, by maklng enqulrie8 of management, con$ldorlng the
intemal control8 In place and dlscusslon amongst the gngagemenl leam.
We delermlned that thtr principal risks were related to recognltion of Income, postlng Inapproprfale
journals, management bla8 In accounllng e8llmate8 and management overrlde 01 control8.
in response to th? risks identSfied we deslgned procedures which included, bLsI were not Ilmitsd lo..
substantive testing of income, challenging $ignificanl accounting estimates, agreeing flnan¢ial statement
disclosures to underlying sUPPOrting documentation, evaluallng the internal controls, reviewing tru8tee8
mlnutes, and identifying and testing journal entries.
Page7

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF
COMMUNITY LIFE TRUST (the COMPANY) known as BEACON CHURCH (contd
There are inherent lim+tslion$ in the audit procedure$ doscribed above. The more removed that laws and
regulationy ¥re from financial transactions, the less likely it is that we would become aware ol non-
compliance. Material misstatements that arise due to fraud can b¢ harder to detect than those that arise
from error as they may involve deliberate concealment or ¢olluJion.
A further des¢rfplion of our responsib51itieJ for the audit of the financial statements is located on the
Financial Reporling Counal'8 website at.. http.'IlvNfiv.frc.org,UkJ8uditor8r¢oponsibilit￿j. Thi8 descrtption
forms part of our auditorfB report.
other matter
The charity's iftcome was below the threshold whgr? an audlt was rwuSreLI In the prlcr yeaf therefore the
comparative flgures are not audlled
U8• of our rnport
This report is made solely lo the company's rr*mber8. as a body. in accordance with Chapter 3 01 Part 16
of ihe CompAnie$ Act 2006 Our audit work has been uftdertaken so that we might glale lo the cornpany'$
members those motters we are required lo Jlal8 lo them In an auditor's report and fL)r no other purp08* To
the fullest exlgnl pemiitted by law. we do not accept or assume r•spon8lbllity to anyone other Ih8n th•
company and the company'B members a$ 4 body, for our audit work, for thi8 report, or lor Ihe opinion5 we
have lOM￿d,
Mlrlam Hlckson FCA Isenlor Statutory Audltor)
for and on b•h&lf ofJ•¢ob CAv#n•gh & Sk••t
Statutory Audllor
Chart•r•d A¢¢ountsnts
S Robin Hood Lane
Sutton
Surrey
SM1 28W
Dated..
Page8

COMMUNITY LIFE TRUST known as BEACON CHURCH
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Income and Expenditure
Unrestricted Restricted
funds
funds
Total
funds
Unrestricted R8Stricted
funds
funds
Total
funds
Note
Income from
Donations:
Offerings and gifts
125,979 566,075 692,054
129,430 125,907 255,337
Income tax refunds
22,282
3,697
25,979
19,271
5,188
24,459
Grants..
Government
Other
40,520
57,867
40,520
57,867
43,960
61,560
43,960
61,560
Gifts in kind..
Donated food
216,644 216,644
191,264 191,264
Interest receivable
Charitable activities
Trading activities
1,417
3(a>
9,009
3(b) 150,504
785
2,202
9,009
150,504
478
9,555
139,980
494
972
9,555
139,980
Total Income
309,191 885,588 1,194,779
298,714 428,373 727,087
Expendlturo on
Charitable activities
4(8) 177,934 475,824 653,758 136,765 433,511
570,276
Trading acti
4( cl 180,038
180,038
158,721
158,721
Total expendlture
357,972 475,824 833,796
295,486 433,511 728,997
Net Incomel(expendltur•)
for the year
{48,781) 409,764 360,983
3,228
(5,138) (1,910)
Transfers between funds
400,000 (400,000)
(1,000)
1,000
Net movement in funds
for the year
351,219
9,764 360,983
2,228
(4,138) (1.910
Reconciliation of funds
Total funds brought forward
815,295 407,180 1,222,475 813,067 411,318 1,224,385
Total funds carried forward
1,166,514 416,944 1.583,458
815,295 407,180 1,222.475
The company has no income or expenditure other than those shown above.
Page 9

COMMUNITY LIFE TRUST known as BEACON CHURCH
CONSOLIDATED BALANCE SHEET
AT 31ST MARCH 2024
Company number: 4518128
2024
2023
Note
Fixed Assets
Tangible Fixed Assets
9(a)
1,049,626
593,668
1,049,626
593,668
Current Assets
Donated Foodbank Stock
BHSL stock
Debtors
Cash at bank and in hand
37,041
400
26,473
487,989
551,903
37,747
400
29,194
570,755
638,096
12
Credltors
Amounts falling due within one year
13
18,071
9,289
Net currant a8Sat8
533,832
628,807
Total assets less current Ilabllltles
1,583,458
1,222,475
Total Assets
14
1,583,458
1,222,475
Funds
Restricted funds
Unrestricted funds
15
416,944
1,166,514
407,180
815,295
1583 458
1222 475
The charity's net income for the year was £384,309 (2023 £10,423).
These financial statements have been prepared in accordance with the provisions available to
Small companies subject to the small companies regime within Part 15 of the Companies Act
2006.
The accounts were approved by the trustees on I gth December 2024 and signed on their
behalf by
Keith Holder
Page 10

COMMUNITY LIFE TRUST known as BEACON CHURCH
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Note
Cash provided by
operating activities
(see below)
401,507
33,278
Cash flows from investlng activities
Purchase of tangible fixed assets
(484,273)
(6,167)
Cash provlded by Invostlng actlvltle8
484,273
6,167
(Decrease)lincrease in cash and cash
equivalents in the year
82,766
27,111
Cash and cash equivalent8 at the
beginning of the year
570,755
543,644
Total cash and cash equlvalents at
the end of the year
487,989
570,755
Reconclllation to cash flow
2024
2023
Net movement in fund8
Add back depreciation charge
Decrease in stock
Decreasel{increase) in debtors
Increase in creditors
360,982
28,315
707
2,721
8,782
(1,910)
25,619
10,232
(4,526)
3,863
Net cash provided by operatlng actlvltles
401,507
33,278
Page11

COMMUNITY LIFE TRUST known as BEACON CHURCH
COMPANY BALANCE SHEET
AT 31ST MARCH 2024
Company number: 4518128
2024
2023
Note
Fixed Assets
Tangible Fixed Assets
Investment in Subsidiary Companies
9(b)
10
464,320
834,880
1,299,200
9,529
855,888
865,417
Current Assets
Donated Foodbank stock
Loans to Subsidiary Companies
Debtors
Ca8h at bank and in hand
37,041
37,747
12
25,979
474 842
537,862
24,459
556,108
618,314
Credltors
Amount8 falling due within one year
13
9,340
1,900
Net currant assets
528,522
616,414
Total assets less current Ilabllltles
1,827,722
1,481,831
Total A888ts
14
1,827,722
1,481,831
Funds
Restricted funds
Unrestricted funds
15
416,944
1,410,778
407,180
1,074,651
1827 722
1481831
These financial statements have been prepared in accordance with the provisions available to
small companies subject to the Small companies regime within Part 15 of the Companie8 Act
2006.
The accounts were approved by the trustees on IKth December 2024 and signed on their
behalf by
Keith Holder
Page 12

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
The principal accounting policies adopted in the preparation of the financial statements are as follows..
Accountlng convention
The financial statements have been prepared under the Companies Act 2006 and in accordance with the
Charities Statement of Recommended Practice (Charities SORP (FRS 102}), Financial Reporting
Stand8rd 102 (FRS 1021 and the Charities Act 2011. The financial statements are drawn up on the
historical cost basis of accounting, as modified by the revaluation of investments. The financial statements
have been prepared in sterling with figures rounded to the nearest pound. There are no material
uncertainties affecting the charity's ability to continue its operations and therefore the going concern basis
of accounting has been used in the preparation of the financial ststements.
Community Life Trust meets the definition of a public benefit entity under FRS 102. It is a company limited
by guarantee incorporated in England and Wales with its registered office at 95 Guildford Street,
Chertsey, Surrey, KT16 9AS. The financial statements present information about the charity as an
individual undertaking and not as a group as it qualifies as a small group.
Con8011datlon
The group financial statements combine the results of the trust and its subsidiary undertakings.
Community Life Properties Limited la property investment company) and Beacon Hospitality Servlces
Limited (operates a coffee shop). The accounts have been consolidated on a line by line basis.
A separate Statement of Financial Activities for the charity itself is not presented because the charity has
taken advantage of the exemptions afforded by Section 408 of the Companies Act 2006.
Income
All Income Is recognised once the charity has entitlement to the income, it is probable that the income will
be received and the amount of income receivable can be reliably measured.
When donors specify that donations and similar income are ft)r particular restricted purposes, this income
Is Included in income of restricted funds.
Donated good8, facllltle8 and 80rvlce8
Donated food is recognised as income when it is received. Donated facilities are recognised as they are
used. The time donated by general volunteers is not recognised in the financial statements but their
significant contribution is discussed in the trustees report.
Expendlture
Expenditure is classified under the following activity headings..
Expenditure on charitable activities includes the cost of those activities undertaken to further the
purposes of the charity and their associated support costs.
Other expenditure represents those items not falling under any other heading.
Page 13

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ST MARCH 2024
continued
Support Costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include office costs and govemance costs which support the charity's
activities.
Governance costs comprise all costs involving the public accountability of the charity and its compliance
with regulation and good practice.
The basis on whlch support costs have been allocated are set out in Note 4.
Tanglblo flxed a880ts
Tangible fixed assets are depreciated at the following annual rates..
Equipment- 25 % (reducing balance basis)
Vehicles- 25Q/o (reducing balance basis)
Buildings - 1.50/0 (straight lin8 basis)
Freehold land is not depreciated.
Inv08tments
Investments in subsidiary companies 8re Included at directors, valuation at the balance sheet date.
Fund accountlng
Funds held by the charity are unrestricted general funds whlch can be used In accordance wlth the
charitable objects at the discretion of the trustees or restricted funds which can only be used for particular
purposes.
Ca8h and ca8h equlvalents
Cash at bank and in hand includes cash and short term highly liquid Investments with a short maturity of
three months or less from the date of opening of the deposit.
Credltor8 and prov181on•
Credltors and provisions are recognised where the charity has a present obligation arising 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 recognised at their
settlement amount.
Flnanclal Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.
These are initially recognised at transaction value and subsequently measured at their settlement value.
Stock
Donations of food held at the year end are valued at £2.37 per kg.
TAXATION
The charitable company is exempt from corporation tax on its charitable activities.
Page 14

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ST MARCH 2024
continued
3(a) INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Something DifferenVYP
Little Lights
Other activities
Hire of building
2,002
2,281
4,726
1,708
2,265
5,582
3{b) INCOME FROM TRADING ACTIVITIES
2024
2023
Beacon Hospitality Services Limited
Community Life Properties Limited
130,164
20,340
116,648
23,332
139 980
4(a) EXPENDITURE ON CHARITABLE ACTIVITIES
Grant
Actlvltle8
Fundlng of undertaken
Actlvltles
dlrectly
support
C08t8
Total
2024
Total
2023
General church activities and pastoral
care
Young people and chlldren's work
Outreach
Relief of povety
Advancement of Christian falth
Training and conferences
Other church activities
(includes Foodbank & JAHH)
59,126
558
3,237
13,804
152
758
72,930
64,553
710
243
3,995
3,836
3,405
2,052
23,878
21,503
6,712
3,501
533,498 472,650
3,405
23,878
5,423
473,658
1,289
59,840
Governance costs (4lb))
8,630
8,630
1,938
Total
27,283
542,002
84,473
653,758 570,276
Support costs are allocated to each of the charitable activities (excluding grant funding) in proportion to
the amount expended on each of these activities.
4{b} GOVERNANCE COSTS
2024
2023
Unrestricted
Independent Auditor's Fee
Independent Examinerfs Fee
Legal and Compliance
8,582
1,890
48
48
8,630
1,938
Page 15

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
41c) EXPENDITURE ON TRADING ACTIVITIES
2024
2023
Beacon Hospitality Services Limited
Community Life Properties Limited
137,766
42,272
122,739
35,982
180 038
158 721
5 GRANTS PAYABLE
During the year, grants were paid out in furtherance of the charity's objects as follows,.
Purpo88: Advancoment of the Chr18tlan falth
2024
2023
Gr8nts payable over £1, 000
Newfrontier8lCataly8t Ne￿ork
Moyo Hospital
Regions Beyond Clarens
5,400
1,000
1,250
4,800
1,000
Grants payable under £1,000
Wycliffe Bible Translators
Open Doors
Uzuko Lwakhe Church
Tribal Transformation India
720
250
750
140
720
250
9,510
6,770
Grants to Christian workers - Grants to 3 Indlvlduals (2022.. 3)
13,500
13,073
Purpose: Rellef of per80n8 who are In condltlons of need, hardshlp or dl8tre88
Tearfund
1,165
1,752
Grants to individuals - 3 (2023.. 1)
3,108
300
Page 16

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
6 NET INCOME I (EXPENDITURE)
2024
2023
This is stated after charging..
Depreciation
Independent Auditor's remuneration
Independent Examiner's remuneration
28,315
8,582
25,619
1,890
7 STAFF COSTS
2024
2023
Gross salarles
Employer's National Insurance
Employerfs Pension
204,941
6,131
5,004
182,595
5,308
4,329
216 076
192 232
The average number of full time equiva18nt employees during the year was,.
15
13
No employee received emoluments over £60,000.
Aggregate employee benefits of key management personnel were £80,574 {2023'. £81,095)
8 TRUSTEES, EXPENSES AND REMUNERATION
The following Trustees were remunerated for thelr full time roles and not being a majority of the number of
Trustees and thus allowed under the Memorandum of Association..
2024
2023
Nathan Wardill
Salary
Pension
54,784
51,200
The wife of one Trustee was employed during the year and remunerated as follows..
Jennifer Wardill
Salary
Pension
16,351
490
14,556
437
During the year, no Trustees were reimbursed for travel costs (2023'.none).
No Trustees granted interest free loans to the charity during the year.
During the year, unrestricted donations of £43,519 were received from Trustees and related parties (2023=
£43422) and restricted donations of £402,410 (2023.. £420).
Page 17

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
9(a) FIXED ASSETS . Group
Plant and
machinery
Land and
buildlngs
Vehlcles Equipment
Total
Cost or valuatlon
At 1 st April 2023
Additions
Disposals
At 31 st March 2024
253,438
26,375
642,101
455,000
12,000
31,331
2,898
938,870
484,273
279 813
1097,101
34 229 1423 143
Depreclatlon
At 1 st April 2023
Disposals
Charge for the year
At 31st March 2024
207,605
103,795
8,203
25,599 345,202
222 047
114561
27 757 373 517
Net book value
31st March 2024
982 540
6 472 1049 626
31st March 2023
538 306
5 732 593 668
91b) FIXED ASSETS . Charlty
Bulldlng•
Vehlcles Equlpment Total
C08t or valuatlon
At 1 st April 2023
Additions
Disposals
At 31st March 2024
12,000
31,331
2,898
43,331
457,898
455,000
455 000
34 229 501229
Doproclatlon
At 1 st April 2023
Dlsposals
Charge for the year
At 31st March 2024
8,203
25,599
33,802
949
Net book value
31st March 2024
455 000
6 472 464 320
31 st March 2023
All assets are held for charitable use.
Page 18

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
10 INVESTMENT IN SUBSIDIARY COMPANIES
2024
2023
Share capltal
Loan
Investment in Community Life Properties Limited
Investment in Beacon Hospitality Services Limited
626,600
100
128,180
80,000
754,780 732,480
80,100
123,408
626,700
208 180
834 880
855 888
11 LOANS TO SUBSIDIARY COMPANIE8
2024
2023
Loans to Community Life Properties Limited
12 DEBTORS
Group
Charlty
2024
2024
2023
2023
Income tax recover8bl8
Prepayments
Other debtors
25,979
24,459
25,979
24,459
494
4,735
24 459
13 CREDITORS - WITHIN ONE YEAR
Group
Charlty
2024
2024
2023
2023
Accruals
Pension to NEST
Taxation and social securlty
Trade creditors
Other creditors
8,400
940
7,960
(11
772
1,900
8,400
1,900
7,115
271
Page 19

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
14{a) NET ASSETS . Group
Cash at Other not Total
bank
a88et8
2024
2024
Restricted funds
Unrestricted funds
379,903
37,041
416,944
108,086 1,058,428 1,166,514
487 989 1095 469 1583 458
Cash at Other net Total
bank
a880ts
2023
2023
Restricted funds
Unrestricted funds
369,432
201,323
37,747 407,179
613,973 815,296
570 755
651720 1222 475
14{bl NET A8SETS . Charlty
Cash at Other net Total
bank
a888ts
2024
2024
Restricted funds
Unrestricted funds
379,903
37,041
416,944
94,939 1,315,839 1,410,778
474 842 1352 880 1827 722
Cash at Other net Total
bank
assets
2023
2023
Restricted funds
Unrestricted funds
369,432
186,676
37,748 407,180
887,975 1,074,651
556 108
925 723 1481831
Page 20

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
15 RESTRICTED FUNDS
Just a
Gifts for
Helping Runnymede designated
Bulldlng Hand
Foodbank
recipients
Total
2024
2024
Brought forward
Income
Income tax refunds
Expenditur8
Transfers
17,504
388,714
10,795
467,478
468
3,016
{14,194) (457,924)
962
407,180
3,618
881,891
212
3,696
(3,705) (875,823)
400,000
1400,000)
Carried forward
401284
416 944
Ju8t a
Glfts for
Helplng Runnymed8 deslgnated
Hand
Foodbank
recipients
Total
2023
2023
Brought forward
Income
Income tax refunds
Expenditure
Transfers
12,229
398,164
7,007
414,643
192
4,621
(1,924) {428,714)
925
411,318
1,535
423,185
375
5,188
<2,873) (433,511)
1,000
1,000
Carrled forward
388 714
962
407 180
la) Glfts for deslgnated r8clplent8
Restricted funds represent gifts with restrictions to particular Christian organisations, Christian workers or
other purposes within the objects of the charity, These are usually distributed within the
accounting period,
The amount outstanding at the year end represents gifts for persons in condition of need, hardship or
distress,
Ib} Just a Helplng Hand
This restricted fund was created to hold monies donated in support of Just a Helping Hand which was
established to support homeless people in the area.
( c) Building
A donation was received towards the cost of the purchase of a propety in the year. The transfer to
general funds reflects the completion of the purchase.
Page 21

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
continued
(c) Runnymode Foodbank
2024
2023
INCOME
Flnanclal
Brought Forward from 2022123
Donations - Gift Aided
Donations - Non-Gift Aided
Grants
Grant Aid
Interest
Tax Refund
350,966
12,066
139,618
98,387
350,185
18,485
98,880
105,520
763
494
604,816
578,185
Glfts In Klnd
Brought Forward from 2022123
Donated Food
37,748
216 644
47,979
191284 239,243
254,392
TOTAL INCOME
859,208
817.428
EXPENDITURE
Re80urc08 Purchased
Stock
Gift Cards
Warehouse Costs
Van Running Costs
Telephone
Bank Charges
utility Costs at The Beacon
Gaslelectricity for Clients
Other Miscellaneous Resources
67,212
5,400
73,246
5,531
363
60
4,000
33,323
9,200
88,736
1,608
242
113
3,000
5,800
3,060
5,783
161,595
145,082
Stafflng
Salaries & Related Costs
Travel Expenses
78,846
132
82,074
63
78,978
82,137
R980urce8 In Klnd
Total Resources in Kind
217,351
201,495
TOTAL EXPENDITURE
457,924
428,714
Carried Forward to 2024125
401,284
388,714
Gifts in Kind are valued as follows..
Donated food valued at £2.37 per kg as advised by Trussell Trust.
Donated facilities valued at market cost.
Page 22

COMMUNITY LIFE TRUST known as BEACON CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ST MARCH 2024
continued
16 SUBSIDIARY UNDERTAKINGS
Two subsidiary limited companies have been created by the trust which owns 100 % of the shares of both
companies. The directors of both companies are the trustees which ensures control of both companies is
with the trust.
(a) Community Life Propertlos Llmlted Icompany No 08709994 Incorporated In England & Wale8)
This company was created to purchase, own, develop and maintain such properties as the trust requires
fof Its activities which includes the operation of a coffee shop,
2024
2023
Turnover
Expenditure
Operating proflV(loss)
23,940
26,932
Total assets at year end
450,646 470,337
(bl Beacon H08pltallty Servle88 Llmlted (Company No 08710023 Incorporated In England & Wal88)
This company was created to operate the coffee shop which 18 Situated in the property purchased In
Chertsey.
2024
2023
Turnover
Other operating income
Expenditure
Operating profitl(loss)
135,364
121,848
137 766
122 739
891
Total liabilities at year end
106,628 102,993
17 RELATED PARTY TRANSACTIONS
During the year the charity was paid £1,359 loan interest by Community Life Properties Limited (CLPL)
and £1,233 loan interest by Beacon Hospitality Services Limited {BHSL).
The charity was repaid £7,700 of the long term loan made to CLPL and £4,890 of the long term loan made
to BHSL, The charity was owed £128,180 by CLPL and £80,000 by BHSL in long term loans at the year
end.
Tiffeny Masinjira Musiiments, the daughter of the trustee Felix Mashedi, was paid a salary of £2,224
(2023 £1,452) by the subsidiary company Beacon Hospitality Services Limited for her work in the coffee
shop.
18 OPERATING LEASE COMMITMENTS
At the reporting date the charity had outstanding commitments of £65,532 {2023'. £131,064) for future
minimum lease and service charge payments for the Foodbank warehouse.
There is also an ongoing commitment of £3,185 (2023.. £4,280) for the photocopier lease.
19 POST BALANCE SHEET EVENTS
A gift day was held to raise funds towards the renovation of the newly purchased building. The day raised
over £60,000.
Page 23