Leeds�Christian�Community�Trust
## Annual�Report
St�Michael's�Hall Bennett�Road Headingley LS6�3HN
Company�no. 04632481 Charity�no. 1096860
## A�Word�from�the�Chair
In�last�year’s�report�the�chair�asked�the�question�“What�will�2020�bring?”�I’m�not�sure�quite� how�Hilary�imagined�that�question�would�be�answered�but�I’m�pretty�sure�it�didn’t�involve� non-stop�zoom�meetings,�furlough,�social�distancing�laws�and�over�100,000�tragic�deaths�at� the�hands�of�a�virus�none�of�us�knew�about.�
As�we�reflect�back�on�this�year�there�is�much�to�cause�grief�and�worry,�many�of�us�have�lost� those�we�love�and�care�for,�close�to�700,000�are�estimated�to�have�been�driven�into�poverty� by�the�Covid�crisis,�the�impact�on�mental�health�and�social�isolation�has�been�severe.� However,�it�is�also�a�year�in�which�mutual�aid�groups�stepped�into�the�breach,�volunteering� increased,�new�partnerships�across�sectors�were�formed,�footballers�advocated�for�the� rights�of�the�most�vulnerable�and�we�were�united�in�surprising�ways�like�doorstep�clapathons.�
And�this�mixed�and�varied�picture�was�reflected�for�the�LCCT�projects.�For�some�they� suddenly�found�themselves�thrust�into�the�centre�of�the�response,�coordinating�and� delivering�emergency�food,�connecting�to�the�isolated�and�lonely�and�supporting�the� vulnerable.�For�others�their�projects�were�unable�to�run�in�the�same�way�or�indeed�at�all.�The� adaptability�and�perseverance�of�the�projects�was�remarkable�and�a�real�credit�to�all� involved�including�the�wonderful�central�staff�team.�
In�order�to�ensure�a�sustainable�future�for�the�organisation�towards�the�end�of�the�year�LCCT� underwent�a�change�in�the�way�in�which�projects�related�to�the�core�offering�two�streams� with�differing�offerings�and�contributions�as�opposed�to�one.�The�hope�is�that�this�change� will�allow�the�projects�to�access�the�support�and�guidance�they�need�to�flourish�both�now� and�in�the�future.�In�comings�and�goings�we�were�sad�to�say�goodbye�to�Na�Ncube�who�left� the�organisation�after�faithfully�managing�the�finances�for�a�number�of�years.�Helen�Coutie� has�joined�in�her�place�and�has�quickly�become�a�valued�member�of�the�team.�On�the�board� Bishop�Tony�Parry�moved�on�as�he�takes�increasing�responsibilities�within�his�denomination� while�we�also�welcomed�two�new�trustees,�Revd�Jean-Louis�Pecher�and�Pastor�Garry� Graham,�both�bringing�valuable�skills�and�experience�to�the�table. What�will�2021�bring?
Theo�Sheridan-Watts Chair�of�Trustees
## ABOUT�LCCT
LCCT�has�been�supporting�grass�roots�community�initiatives�since�2003.�Our� unique�model�enables�projects�to�operate�under�our�charity�registration�and�receive� the�benefits�of�shared�governance,�accountancy,�insurance,�policies�and� procedures,�HR�and�operational�systems.�We�also�provide�development�support� allowing�projects�to�grow�and�develop�at�their�own�pace�within�a�supportive� network�of�other�similar�projects.�Each�project�has�its�own�steering�group�who� support�the�Lead�Worker�and�determine�strategy.�This�ensures�that�the�work�is� driven�at�the�local�level�by�local�people.�It�means�that�projects�can�stay�small�and� operate�at�grass�roots�level�while�funders�and�other�stakeholders�can�be�sure�that� the�infrastructure�is�in�place�to�manage�funds�effectively�and�ensure�sustainability. Our�15�projects�are�supported�by�a�small�team�of�4�part�time�staff�and�4�Trustees.�
Our�office�at�Vineyard�House�on�Bennett�Rd
## Our�Projects
Gathering�people�together�for� good�in�Crossgates�&�East� Leeds
Bringing�together�a�diverse� community�of�fathers�for�social� interaction�and�support
Part�of�a�national��movement�to�build� a�culture�of�welcome�for�people� seeking�seeking�sanctuary�in�the�UK
Hesed�at�Mayfield�Farm.� Providing�a�range�of�activities� which� promote� well-being,� relationships,�and�community� cohesion
�Horsforth�community� consists�of�ten�churches� and�one�university� chaplaincy,� working�together�to� share�the�love�of�
�Jesus�within�the�community�of�Horsforth.� From�schools�work�to�refugee�events,�and� Farmers’�markets.
Leeds�Prayer�House.�A�city� centre�space�for�worship� and�intercession
�Hope�for�the�Nations. �Fostering�positive�� �relationships�between�faith groups�and�people�from�all� across�the�globe.�
LEEDS�SPACE�NETWORK� Exploring�faith.�Nurturing� young�people.� Transforming� communities�
Building�bridges�in�the�community,� investing�in�the�well�being�of�children,� young�people�and�their�families
## Making�English� Accessible
To�honour,� empower�and� equip�Afghan� women�and�others to�be�the�best they�can�be
June�Project�is�a�weeklong�community�outreach� where�students�from� churches�across�Leeds� come�together�to�serve�the� community�of�Hyde�Park.�
Empowering�migrants�and� reducing�vulnerability.�
We�LOVE�East�Leeds�and�want� to�see�it�flourish�in�all�areas!
Unity�in�Poverty�Action�aims�to� practically�assist�the�Christian� community�and�the�wider�city� of�Leeds�in�working�together�to� tackle�poverty�in�Leeds
Targeted�and�Effective� Advertising.�To�reach� Christians�in�Leeds
See�what�God�is�doing� across�our�city�of�Leeds
## Manager's�Report
As�Theo�says�in�his�Chair’s�comments,�the�adaptability�and�perseverance�of�all�the�LCCT�projects�has�been�truly� impressive.�In�an�environment�in�which�1�in�10�charities�fear�bankruptcy�and�closure,�we�are�grateful�that�we�are� still�here�and�still�able�to�make�a�difference�in�Leeds�through�our�15�projects.�For�some�projects�the�pandemic� meant�increased�activity�as�they�adapted�services�to�deliver�food�parcels�or�run�online�events.�Others,�who�had�to� decrease�or�suspend�activities,�used�the�time�for�reflection�and�planning.�During�the�short�period�in�which�limited� activities�were�allowed,�a�number�of�projects�ran�successful�activities�and�events,�despite�the�extra�work�involved� in�ensuring�safety�and�complying�with�government�guidelines,�and�always�working�with�the�uncertainty�of� changing�regulations.�
Over�the�year�the�wide�range�of�services�offered�by�our�projects�has�included�facilitating�prayer�for�the�city,� offering�online�counselling�sessions,�provision�of�food�and�shelter,�doorstep�visiting,�and�supportive�phone�calls.� The�creative�ways�projects�have�responded�to�pandemic�restrictions�has�been�astounding,�from�a�small�ESOL� group�who�had�to�overcome�their�beneficiaries’�digital�exclusion�before�offering�online�classes,�to�the�community� centre�producing�an�art�exhibition�on�a�local�fence,�to�be�enjoyed�by�residents�as�they�passed�by.�
## Below�is�just�a�snapshot�of�some�of�the�achievements�of�our�wonderful�project�workers�and�volunteers.�
- •� Support�and�advice�through�social�media�platforms�reached�more�than�203,000�people
- •� 300�Volunteers�gave�more�than�2500�hours�
- •� 21000+�meals�delivered
- •� 2000+�food�parcels�delivered
- •� Almost�1000�activity�packs�sent�out
- •� 3000�people�benefitted�from�the�distribution�of�small�grants�organised�by�UPA
- •� Online�services�included�prayer�meetings,�ESOL�classes,�mental�health�support,�parenting�advice,�� ��������conversation,�games,�and�baking�sessions.
We�should�not�assume�that�any�of�this�came�easily,�the�quote�below�from�Clare�demonstrates�the�impact�on� project�workers
At�the�start�of�2020�we�had�some�great�English�classes�as�we�explored�the�city�centre.�We�did�a�treasure�hunt�in� the�market�and�we�walked�through�the�dark�arches�and�along�the�river.�In�March,�our�provision�fell�off�a�cliff�and�it� took�me�a�while�to�get�organised.�I�am�happy�to�say�that�before�the�end�of�the�year�my�colleague�Dawn�and�I�had� started�delivering�a�weekly�class�on�zoom.�This�is�continuing�to�grow�and�although�a�small�group,�the�attendees� come�faithfully�each�week.�
As�we�look�forward�to�a�time�when�demand�is�expected�to�rise�as�resources�decrease,�I�am�confident�that�all�our� projects�will�continue�to�amaze�us�with�their�resilience�and�creativity.� Catherine�Beaumont:�LCCT�Manager
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
The Charity is called “Leeds Christian Community Trust” which is also known as LCCT and is registered with the Charity Commission for England and Wales.
The directors and trustees submit their report and the independently examined accounts for the year ended 31 December 2020.
|Directors and Trustees:|Hilary Wilmer MBE||
|---|---|---|
||Bishop Gregory Anthony Parry|(Resigned 16 Apr 20)|
||Jean-Louis Pecher|(Appointed 30 Jul 20)|
||Theo Sheridan-Watts||
||Garry Kirkpartrick|(Appointed 26 Mar 20)|
|Company Secretary:|None currently appointed||
|Core Staff Team:|Catherine Beaumont|(Project Manager)|
||Helen Coutie|(Finance Officer)|
||Janice Brown|(Trust Administrator)|
||Bhekisipho Siwawa|(Communications Officer)|
|Company Number:|04632481||
|Charity Number:|1096860||
|Registered Office:|St. Michael’s Hall||
||11 Bennett Road||
||Headingley||
||Leeds||
||LS6 3HN||
|Bankers:|Main Bankers:||
||CAF Bank Ltd|Triodos Bank|
||25 Kings Hill Avenue|Deanery Road|
||Kings Hill|Bristol|
||West Malling|BS1
5AS|
||Kent||
||ME19 4JQ||
|Independent Examiner:|Nigel Wyatt BSC FCA||
||Wyatt & Co. Chartered Accountants||
||125 Main Street||
||Garforth||
||Leeds||
||LS25 1AF||
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
## Our Aims and Objectives
- Leeds Christian Community Trust’s charitable objects are particularly within Leeds and in the U.K.
1. To promote social inclusion for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society (for the purpose of this clause ‘socially excluded’ means being excluded from society, on the grounds of social, physical, psychological and/or economic position, or as a result of discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, or sexual orientation).
2. To advance education amongst members of the community for the benefit of the community and social cohesion.
3. To advance the Christian faith for the benefit of the public.
4. Other such charitable purposes as the Trustees shall see fit.
In each case in a manner which aligns with the values of the organisation which are drawn from the Christian Faith as expressed and revealed in the Holy Scriptures.
## What we do and how we do it
Our mission is to equip, release, enable, and undergird small projects in Leeds, resulting in lasting positive change through the empowerment of individuals and communities. In one sense we act as a ‘Hub Charity’ comprising around 15 member projects; these projects have been started by those with a vision and passion to make a difference, and then accepted into LCCT to be part of our charity. The collective work of the individual projects is the front-line work of our charity as a whole, as it is carried out by each of the projects in their particular fields and local community areas of the city. The projects all utilise our centralised functions, are required to adhere to our policies and procedures, and report regularly to trustees. At the same time each project has its own Steering Group/Management Group which ensures that the ownership of the project is kept close to the ground and each project can be very responsive to the particular needs and situation within which it is working.
In this way we are able to build the capacity of small projects, enable them to function effectively, and also help them learn and grow at their own pace. In short, we provide them with the following:
- a) A legal structure and charitable status
- b) Central accounting and reporting
- c) Online financial recording and expense claim system
- d) Employment services
- e) Insurance
- f) Policies and compliance
- g) A supportive network
- h) Regular advice and training
- i) Trust membership
The reason we work like this is because we believe that the best way of fostering real and lasting change is by equipping people on the ground in communities, people with lived experience responding to needs, and those with a passion for enabling change. By working in this way since 2003 we have had the privilege of running and supporting over 60 projects, some of which have grown and gone on to become well established independent charities, such as the Manuel Bravo project, Involve Leeds and the Joanna project.
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
## Our structure
Trustees: The work of the charity is directed and overseen by the board of trustees listed in this document. The board meets every 8 to 12 weeks, with relevant members of the core team attending meetings. There is an agreed process for recruiting and inducting new trustees; to maintain the Christian values and identity of LCCT, it is a requirement that trustees have an active Christian faith and the trustees seek to maintain a broad diversity by having representatives from a range of Christian – denominations on the board. (This requirement is only at board level membership is open to all that can align with and operate within the values of the Trust).
Core Team: The Trust Co-ordinator/Manager works closely with the trustees and leads a lean core staff team comprising the Trust Administrator, Communications Officer and Finance Officer. All staff work part-time hours.
## Project Steering Groups/Management groups:
Each project has a project Steering Group/Management Group which has the responsibility for overseeing and managing the ongoing work of the project under a Terms of Reference document agreed with LCCT trustees. The Steering Groups usually include a mix of volunteers involved in the project and local people with skills in areas of project management or links to partner agencies in the area.
Project Leaders: The key person in each project for carrying out and co-ordinating the day to day work of the project is the Project Leader. The Core Team work closely with the Project Leaders on matters of budgets, employment, policies, practice and any issues arising.
Employees: Most Project Leaders and other employees of projects are employed by LCCT, as are the staff members of the Core Team. As of 31st December 2020, there were 17 employees on the LCCT payroll.
Members: The Trust operates as a membership body (currently around 45 members), which includes project leaders, trustees, staff members, associate organisations with similar aims, and a few other individuals in the city of Leeds who have an interest in the Trust. All the Members are invited to gather at 3 assemblies per year, including the AGM.
How new projects become Member Projects of the Trust: Where a project wishes to join the Trust, a sub-group of existing Trust members carry out a visit and assess the following;
- Whether the project fits the criteria of the Trust
- Whether there is an alternative to it becoming a project of the Trust
- The effectiveness and accountability of its management structure
- The capacity of the project to carry out the work
- How the project could contribute to the vision and mission of LCCT as a whole.
Those Members then report back to the next meeting of the whole membership body where a decision is made as to whether to adopt the project. Following this an induction meeting is arranged with the core staff team. Any project that can align with our values is welcome to apply, including those with no particular faith basis.
## Our achievements
When reviewing our aims and objectives and in planning our future activities the Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. In particular, the Trustees consider how planned activities will contribute to the aims and objectives of the Trust.
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
During 2020, one project joined the Trust. As of 31st December 2020, there were 15 member projects and 2 LCCT direct work strands.
## Volunteers
Due to Covid-19 there were fewer events during 2020 but there were still approximately 300 volunteers helping within the projects of the Trust contributing over 2500 volunteer hours.
## Risks & Uncertainties
## Delegated responsibility and Risk
The delegation of responsibility for the day to day running of the projects creates risk for the Trustees. However, the Trustees have considered the major risks to which the company is exposed and where relevant put policies and procedures in place to mitigate those risks. Trustees have to be satisfied that there is an effective management structure in place before the Trust will accept a project as a member project of LCCT. Ownership of the project budget rests with the project steering committee; however, the project’s finances are centrally managed by the Trust’s Finance Manager who reports regularly to the Trustees. Core team staff provide on-going support and meet annually with each project about their proposed budget and capacity to continue, assisting them in making timely decisions about reduction in activities or closure where necessary. Any new types of activity have to be notified to our insurers via the Trust Administrator.
A more formal Risk Register is reviewed by trustees at each of the regular governance meetings to monitor and manage major risks to the Trust.
## Plans for Future Periods
Over many years we had generous backing from two benefactors, but due to changes in circumstances and how they wished to move forward with distribution of their funds, this arrangement was phased out gradually, coming to an end in 2017. This funding covered most of our core costs and some of the project costs, and as such we recognise we have historically been overly dependent on this one source of funding.
Over the last few years as the Trust has transitioned from providing grants, office space and other support that our benefactors enabled, we have sharpened our focus to providing developmental, administrative and accounting support for projects looking to make a difference in their locality. We have also been working hard to address the core costs funding gap by;
- In order to cover core costs we will move a full cost recovery model for all projects who receive restricted funding and those projects relying on donation and unrestricted funding continue to contribute 10% of income
- restructuring the core team to align resources to current needs and reduce overall expenditure
- closer management of cost centres
- investing resources in researching funding sources and writing applications
The Trustees and the core team are exploring income diversification in order to cover core costs and are working to increase fundraising capacity within the projects we currently support, as well as reviewing our activities to ensure that we can help even more small and emerging projects in the city that would otherwise struggle or fail altogether for lack of structure and tailored support.
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
## Financial Review
## Principal Funding Sources
We currently draw our funding from three main sources (grants, donations and trading) with the largest of these being grants followed fairly closely by donations. This reflects the hard work of the member projects and the core team in applying to funders throughout the year as well as spending time on communications and fostering good connections which generate a significant level of donations. We recognise that the level of trading income is low in comparison so increasing this could form part of the strategy for sustainability.
We have seen a mixed picture regarding the effects of the pandemic; some of our projects have received extra funding to support Covid-19 response activities, others have lost events income. Donations were reduced as was trading income.
The total income for the year was £270,230 (2019: £226,011). Grant income was £172,578 (2019: £96,722) (63.9%) where the largest single grant obtained was £16,000. Other individual/church donors amounted to £82,466 (2019: £96,998) (30.5%). The remainder was brought in from gift aid and other trading income.
The Statement of Financial Activities shows a net surplus for the year after transfers to and from projects of £16,703 (2019: £5,923). The reserves stand in total at £263,114 (2019: £246,411) at 31 December 2020. The Trustees consider the financial position of the charity to be satisfactory.
## Reserves Policy
Due to the current situation, the board of trustees have felt it prudent to have a policy whereby the unrestricted funds excluding tangible fixed assets held by the company should be six months of 2021 budgeted unrestricted running costs which equates to approximately £34,000. At 31 December 2020 the unrestricted net current assets of the Trust (comprising designated funds of £67,991 and general funds of £43,664) stood at £111,655 (2019: £123,381) which is above the level required. The reserves policy will be reviewed annually.
## Funds in Deficit
There were no funds in deficit at 31 December 2020.
## Leeds Christian Community Trust
## Company Limited by Guarantee
## Trustees' Annual Report (Incorporating the Director's Report)
## Year ended 31 December 2020
## Statement of Responsibilities of the Trustees
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company as at the end of the financial year and of the surplus or deficit of the company for that period.
In preparing those financial statements the Trustees are required to
- Select suitable accounting policies and then apply them consistently.
- Observe the methods and principles in the Charities SORP.
- Make judgements and estimates that are reasonable and prudent.
- State whether applicable UK accounting standards have been followed, subject to any material departures 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 company will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to 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 steps for the prevention and detection of fraud and other irregularities.
Theo Sheridan-Watts Director and Trustee
Date: _________
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Independent�Examiner's�Report�to�the�Trustees�of�Leeds�Christian� Community�Trust
I�report�to�the�trustees�on�my�examination�of�the�financial�statements�of�Leeds�Christian� Community�Trust�('the�charity')�for�the�year�ended�31�December�2020.
## Responsibilities�and�basis�of�report
As�the�trustees�of�the�charity,�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�confirm�that�I�am�qualified�to�undertake�the�examination�because�I�am�a�member�of�the�Institute� of�Chartered�Accountants�in�England�and�Wales�(ICAEW),�which�is�one�of�the�listed�bodies.
I�have�completed�my�examination.�I�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:
1. accounting�records�were�not�kept�in�respect�of�the�charity�as�required�by�section�130�of�the� Act;�or
2. the�financial�statements�do�not�accord�with�those�records;�or
3. the�financial�statements�do�not�comply�with�the�applicable�requirements�concerning�the� form�and�content�of�accounts�set�out�in�the�Charities�(Accounts�and�Reports)�Regulations� 2008�other�than�any�requirement�that�the�accounts�give�a�‘true�and�fair'�view�which�is�not�a� matter�considered�as�part�of�an�independent�examination:�or
4. the�financial�statements�have�not�been�prepared�in�accordance�with�the�methods�and� principles�of�the�Statement�of�Recommended�Practice�for�accounting�and�reporting�by� charities�applicable�to�charities�preparing�their�accounts�in�accordance�with�the�Financial� Reporting�Standard�applicable�in�the�UK�and�Republic�of�Ireland�(FRS�102).
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.
Nigel�Wyatt�BSC�FCA Date: Independent�Examiner 125�Main�Street Garforth Leeds LS25�1AF
7
## Leeds�Christian�Community�Trust
## Statement�of�Financial�Activities (including�income�and�expenditure�account)
## Year�Ended�31st�December�2020
|YearEnded31stDecember2020||||||
|---|---|---|---|---|---|
||||2020||2019|
|||Unrestricted|Restricted|Total||
|||Funds|Funds|Funds|Totalfunds|
||Note|£|£|£|£|
|Income||||||
|Donationsandlegacies|2|30,192|234,095|264,287|205,369|
|Othertradingactivities|3|4,508|869|5,377|20,122|
|Investmentincome|4|566|-|566|520|
|||──────────|──────────|──────────|──────────|
|Totalincome||35,266|234,964|270,230|226,011|
|||──────────|──────────|──────────|──────────|
|Expenditure||||||
|Expenditureonraisingfunds:||||||
|Costsofraisingdonationsand
legacies|5|-|-|-|359|
|Expenditureoncharitableactivities|6|46,992|206,535|253,528|231,575|
|||──────────|──────────|──────────|──────────|
|Totalexpenditure||46,992|206,535|253,528|231,934|
|||──────────|──────────|──────────|──────────|
|||──────────|──────────|──────────|──────────|
|Net(expenditure)/incomeandnet||||||
|movementinfunds||(11,726)|28,429|16,703|(5,923)|
|||──────────|──────────|──────────|──────────|
|Netincomeandnetmovementinfunds||||||
|Totalfundsbroughtforward|14|123,381|123,030|246,411|252,334|
|Transfers||-|-|-|-|
|||──────────|──────────|──────────|──────────|
|Totalfundscarriedforward||111,655|151,459|263,114|246,411|
|||──────────|──────────|──────────|──────────|
The�statement�of�financial�activities�includes�all�gains�and�losses�recognised�in�the�year. All�income�and�expenditure�derive�from�continuing�activities.
8
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Statement�of�Financial�Position
|StatementofFinancialPosition||||
|---|---|---|---|
|||2020|2019|
||Note|£|£|
|Fixedassets||||
|Investments|12|-|40,000|
|Currentassets||||
|Debtors|12|11,836|29,449|
|Cashatbankandinhand||254,762|178,942|
|||──────────|──────────|
|||266,599|208,391|
|Creditors:amountsfallingduewithinoneyear|13|3,485|1,980|
|||──────────|──────────|
|Netcurrentassets||263,114|206,411|
|||──────────|──────────|
|Totalassetslesscurrentliabilities||263,114|246,411|
|||──────────|──────────|
|Netassets||263,114|246,411|
|||──────────|──────────|
|Fundsofthecharity||||
|Restrictedfunds|14|151,459|123,030|
|Unrestrictedfunds|14|111,655|123,381|
|||──────────|──────────|
|Totalcharityfunds||263,114|246,411|
|||──────────|──────────|
For�the�year�ending�31�December�2020�the�charity�was�entitled�to�exemption�from�audit�under�section�477� of�the�Companies�Act�2006�relating�to�small�companies.
Directors'�responsibilities:
- The�members�have�not�required�the�company�to�obtain�an�audit�of�its�financial�statements� for�the�year�in�question�in�accordance�with�section�476;
- The�directors�acknowledge�their�responsibilities�for�complying�with�the�requirements�of�the� Act�with�respect�to�accounting�records�and�the�preparation�of�financial�statements.
These�financial�statements�have�been�prepared�in�accordance�with�the�provisions�applicable�to� companies�subject�to�the�small�companies'�regime.
These�financial�statements�were�approved�by�the�board�of�trustees,�authorised�for�issue�and�are�signed� on�behalf�of�the�board�by:
Theo�Sheridan-Watts Date
Trustee
9
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 1 Accounting�Policies
## General�Information
The�charity�is�a�public�benefit�entity�and�a�private�company�limited�by�guarantee,�registered�in� England�and�Wales�and�a�registered�charity�in�England�and�Wales.�The�address�of�the�registered� office�is�St�Michaels�Hall,�11�Bennett�Road,�Leeds,�LS63HN,�England.
## Statement�of�Compliance
These�financial�statements�have�been�prepared�in�compliance�with�FRS�102,�'The�Financial� Reporting�Standard�applicable�in�the�UK�and�the�Republic�of�Ireland',�the�Statement�of� Recommended�Practice�applicable�to�charities�preparing�their�accounts�in�accordance�with�the� Financial�Reporting�Standard�applicable�in�the�UK�and�Republic�of�Ireland�(FRS�102)�(Charities� SORP�(FRS�102))�and�the�Companies�Act�2006.
## Basis�of�Preparation
The�financial�statements�have�been�prepared�on�a�going�concern�basis�in�accordance�with� Accounting�and�Reporting�by�Charities:�Statement�or�Recommended�Practise�applicable�to� charities�preparing�their�accounts�in�accordance�with�the�Financial�Reporting�Standard�applicable� in�the�UK�and�Republic�of�Ireland�(FRS102)�(effective�1�January�2015)�-�Charities�SPRT� (FRS102),�the�Financial�Reporting�Standard�applicable�in�the�UK�and�Republic�of�Ireland� (FRS102),�and�the�Companies�Act�2006�and�the�Charites�Act�2011.
Leeds�Christian�Community�Trust�meets�the�definition�of�a�public�benefit�entity�under�FRS102.
Assets�and�liabilities�are�initially�recognised�at�cost�or�transaction�value�unless�otherwise�stated�in� the�relevant�accounting�policy�note.
## Going�Concern
The�Trustees�have�prepared�financial�projections,�taking�into�consideration�the�current�economic� climate�and�its�potential�impact�on�the�sources�of�income�and�planned�expenditure.�They�have�a� reasonable�expectation�that�adequate�financial�resources�are�available�to�enable�the�charity�to� continue�in�operational�existence�for�the�foreseeable�future�and�have�adequate�contingency�plans� in�the�event�that�income�streams�are�reduced.�Consequently,�the�financial�statements�have� therefore�been�prepared�on�the�basis�that�the�charity�is�a�going�concern.
10
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Judgements�and�key�sources�of�estimation�uncertainty
In�the�application�of�the�charities�accounting�policies,�the�Trustees�are�required�to�make� judgements,�estimates�and�assumptions�about�the�carrying�amount�of�assets�and�liabilities�that� are�not�readily�apparent�from�other�sources.�The�estimates�and�associated�assumptions�are� based�on�historical�experience�and�other�factors�that�are�considered�to�be�relevant.�Actual�results� may�differ�from�these�estimates.
The�estimates�and�underlying�assumptions�are�reviewed�on�an�ongoing�basis.�Revisions�to� accounting�estimates�are�recognised�in�the�period�in�which�the�estimate�is�revised,�if�the�revision� affects�only�that�period,�or�in�the�period�of�the�revision�and�future�periods�of�the�revision�affects� both�current�and�future�periods.�There�are�no�estimates�and�assumptions�that�have�a�significant� risk�of�causing�a�material�adjustment�to�the�carrying�amount�of�assets�and�liabilities.
## Fund�accounting
Unrestricted�funds�are�available�for�use�at�the�discretion�of�the�trustees�to�further�any�of�the� charity's�purposes.
Designated�funds�are�unrestricted�funds�earmarked�by�the�trustees�for�particular�future�project�or� commitment.
Restricted�funds�are�subjected�to�restrictions�on�their�expenditure�declared�by�the�donor�or� through�the�terms�of�an�appeal�and�fall�into�one�of�two�sub-classes:�restricted�income�funds�or� endowment�funds.
## Incoming�Resources
All�incoming�resources�are�included�in�the�statement�of�financial�activities�when�entitlement�has� passed�to�the�charity;�it�is�probable�that�the�economic�benefits�associated�with�the�transaction�will� flow�to�the�charity�and�the�amount�can�be�reliably�measured.�The�following�specific�policies�are� applied�to�particular�categories�of�income:
- Income�from�donations�or�grants�is�recognised�when�there�is�evidence�of�entitlement�to�the� gift,�receipt�is�probable,�and�its�amount�can�be�measured�reliably.
- Legacy�income�is�recognised�when�receipt�is�probable,�and�entitlement�is�established.
- Income�from�donated�goods�is�measured�at�the�fair�value�of�the�goods�unless�this�is� impractical�to�measure�reliably,�in�which�case�the�value�is�derived�from�the�cost�to�the�donor�or� the�estimated�resale�value.�Donated�facilities�and�services�are�recognised�in�the�accounts� when�received�if�the�value�can�be�reliably�measured.�No�amounts�are�included�for�the� contribution�of�general�volunteers.
- Income�from�contracts�for�the�supply�of�services�is�recognised�with�the�delivery�of�the� contracted�service.�This�is�classified�as�unrestricted�funds�unless�there�is�a�contractual� requirement�for�it�to�be�spent�on�a�particular�purpose�and�returned�if�unspent,�in�which�case�it� may�be�regarded�as�restricted.
11
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Resources�expended
Expenditure�is�recognised�on�an�accruals�basis�as�a�liability�is�incurred.�Expenditure�includes�any� VAT�which�cannot�be�fully�recovered,�and�is�classified�under�headings�of�the�statement�of�financial� activities�to�which�it�relates:
- Expenditure�on�raising�funds�includes�the�costs�of�all�fundraising�activities,�events,�noncharitable�trading�activities,�and�the�sale�of�donated�goods.
- Expenditure�on�charitable�activities�includes�all�costs�incurred�by�a�charity�in�undertaking� activities�that�further�its�charitable�aims�for�the�benefit�of�its�beneficiaries,�including�those� support�costs�and�costs�relating�to�the�governance�of�the�charity�apportioned�to�charitable� activities.
- Other�expenditure�includes�all�expenditure�that�is�neither�related�to�raising�funds�for�the�charity� nor�part�of�its�expenditure�on�charitable�activities.
All�costs�are�allocated�to�expenditure�categories�reflecting�the�use�of�the�resource.�Direct�costs� attributable�to�a�single�activity�are�allocated�directly�to�that�activity.�Shared�costs�are�apportioned� between�the�activities�they�contribute�to�on�a�reasonable,�justifiable�and�consistent�basis.
## Operating�leases
Lease�payments�are�recognised�as�an�expense�over�the�lease�term�on�a�straight-line�basis.�The� aggregate�benefit�of�lease�incentives�is�recognised�as�a�reduction�to�expense�over�the�lease�term,� on�a�straight-line�basis.
## Tangible�assets
Tangible�assets�are�initially�recorded�at�cost,�and�subsequently�stated�at�cost�less�any� accumulated�depreciation�and�impairment�losses.�Any�tangible�assets�carried�at�revalued� amounts�are�recorded�at�the�fair�value�at�the�date�of�revaluation�less�any�subsequent�accumulated� depreciation�and�subsequent�accumulated�impairment�losses.
An�increase�in�the�carrying�amount�of�an�asset�as�a�result�of�a�revaluation,�is�recognised�in�other� recognised�gains�and�losses,�unless�it�reverses�a�charge�for�impairment�that�has�previously�been� recognised�as�expenditure�within�the�statement�of�financial�activities.��A�decrease�in�the�carrying� amount�of�an�asset�as�a�result�of�revaluation,�is�recognised�in�other�recognised�gains�and�losses,� except�to�which�it�offsets�any�previous�revaluation�gain,�in�which�case�the�loss�is�shown�within� other�recognised�gains�and�losses�on�the�statement�of�financial�activities.
## Depreciation
Depreciation�is�calculated�so�as�to�write�off�the�cost�or�valuation�of�an�asset,�less�its�residual� value,�over�the�useful�economic�life�of�that�asset�as�follows:
- Fixtures�and�fittings 25%�straight�line
12
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Investments
Unlisted�equity�investments�are�initially�recorded�at�cost,�and�subsequently�measured�at�fair�value.� If�fair�value�cannot�be�reliably�measured,�assets�are�measured�at�cost�less�impairment.
Listed�investments�are�measured�at�fair�value�with�changes�in�fair�value�being�recognised�in� income�or�expenditure.
## Impairment�of�fixed�assets
A�review�for�indicators�of�impairment�is�carried�out�at�each�reporting�date,�with�the�recoverable� amount�being�estimated�where�such�indicators�exist.�Where�the�carrying�value�exceeds�the� recoverable�amount,�the�asset�is�impaired�accordingly.�Prior�impairments�are�also�reviewed�for� possible�reversal�at�each�reporting�date.
For�the�purposes�of�impairment�testing,�when�it�is�not�possible�to�estimate�the�recoverable�amount� of�an�individual�asset,�an�estimate�is�made�of�the�recoverable�amount�of�the�cash-generating�unit� to�which�the�asset�belongs.�The�cash-generating�unit�is�the�smallest�identifiable�group�of�assets� that�includes�the�asset�and�generates�cash�inflows�that�largely�independent�of�the�cash�inflows� from�other�assets�or�groups�of�assets.
For�impairment�testing�of�goodwill,�the�goodwill�acquired�in�a�business�combination�is,�from�the� acquisition�date,�allocated�to�each�of�the�cash-generating�units�that�are�expected�to�benefit�from� the�synergies�of�the�combination,�irrespective�of�whether�other�assets�or�liabilities�of�the�charity� are�assigned�to�those�units.
## Financial�instruments
A�financial�asset�or�a�financial�liability�is�recognised�only�when�the�entity�becomes�a�party�to�the� contractual�provisions�of�the�instrument.
Basic�financial�instruments�are�initially�recognised�at�the�amount�receivable�or�payable�including� any�related�transaction�costs,�unless�the�arrangement�constitutes�a�financing�transaction,�where�it� is�recognised�at�the�present�value�of�the�future�payments�discounted�at�a�market�rate�of�interest� for�a�similar�debt�instrument.
Current�assets�and�current�liabilities�are�subsequently�measured�at�the�cash�or�other� consideration�expected�to�be�paid�or�received�and�not�discounted.
Debt�instruments�are�subsequently�measured�at�amortised�cost.
13
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Defined�contribution�plans
Contributions�to�defined�contribution�plans�are�recognised�as�an�expense�in�the�period�in�which� the�related�service�is�provided.�Prepaid�contributions�are�recognised�as�an�asset�to�the�extent�that� the�prepayment�will�lead�to�a�reduction�in�future�payments�or�a�cash�refund.
When�contributions�are�not�expected�to�be�settled�wholly�within�12�months�of�the�end�of�the� reporting�date�in�which�the�employees�render�the�related�service,�the�liability�is�measured�on�a� discounted�present�value�basis.�The�unwinding�of�the�discount�is�recognised�as�an�expense�in�the� period�in�which�it�arises.
## Limited�by�guarantee
The�charity�is�a�company�limited�by�guarantee.�Every�member�promises,�if�the�charity�is�dissolved� while�he,�she�or�it�remains�a�member�or�within�12�months�afterwards�to�pay�up�to�£1�towards�the� costs�of�dissolution�and�the�liabilities�incurred�by�the�charity�while�the�contributor�was�a�member.
14
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 2 Donations�and�legacies
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|Donations||||
|Donations|20,156|62,310|82,466|
|GiftAid|737|8,506|9,243|
||──────────|──────────|──────────|
||20,892|70,817|91,709|
|GrantsandContractIncome||||
|Grantsforprojects|9,300|163,278|172,578|
||──────────|──────────|──────────|
||9,300|163,278|172,578|
||──────────|──────────|──────────|
|Total|30,192|234,095|264,287|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|Donations||||
|Donations|23,696|73,301|96,997|
|GiftAid|810|10,839|11,649|
||──────────|──────────|──────────|
||24,506|84,140|108,646|
|GrantsandContractIncome||||
|Grantsforprojects|-|96,722|96,722|
||──────────|──────────|──────────|
||-|96,722|96,722|
||──────────|──────────|──────────|
|Total|24,506|180,862|205,368|
||──────────|──────────|──────────|
15
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
|GrantsRecived|||||
|---|---|---|---|---|
||Unrestricted|Restricted|TotalFunds|TotalFunds|
||Funds|Funds|2020|2019|
||£|£|£|£|
|AllChurchesTrust|1,800|-|1,800|-|
|AllenLaneFoundation|-|-|-|1,500|
|Anonymousdonation|-|-|-|852|
|BaptistInsurance|-|-|-|7,500|
|BigLottery|-|10,000|10,000|-|
|CharitiesTrust|-|-|-|1,000|
|Covid-19JobRetentionScheme|-|1,797|1,797|-|
|CommunityChestPot|-|215|215|-|
|CommunityFoundationsforLancashire|||||
|andMerseyside|-|3,000|3,000|-|
|ConsonantLtd|-|1,250|1,250|3,750|
|Co-opLocalCommunityFund|-|-|-|34|
|FinancialInclusionTeam|-|7,000|7,000|-|
|GiftingLeeds|-|-|-|12,000|
|HariboHappinessFund|-|2,000|2,000|-|
|HealthyHolidays|-|9,500|9,500|1,640|
|HillardsCharitableTrust|-|-|-|2,000|
|Howdens|-|-|-|250|
|InnerEastHousingAdvisory|-|862|862|-|
|LanguageHub|-|3,000|3,000|-|
|LeedsCityCouncil|-|48,175|48,175|27,875|
|LeedsCityCouncil-HorsforthChildren's|||||
|Services|-|5,872|5,872|4,305|
|LeedsCommunityFoundation|-|2,000|2,000|17,010|
|LeedsHousing|-|3,300|3,300|-|
|LeedsInspired|-|-|-|1,000|
|LeedsUniversityUnion|-|-|-|1,900|
|LiveWell|-|1,000|1,000|-|
|LloydsBank|-|-|-|18|
|MiceFunding|-|375|375|100|
|MigrationExchange-BarrowCadbury|||||
|Trust|-|10,000|10,000|-|
|MollieClysdaleTrust|-|-|-|400|
|NPower|-|-|-|388|
|NSmithCharitableSettlement|-|-|-|750|
|NearNeighbours|-|2,640|2,640|-|
|ParistamenCIO|-|750|750|-|
|PaulHamlynFoundation|-|15,500|15,500|7,000|
16
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
||Unrestricted|Restricted|TotalFunds|TotalFunds|
|---|---|---|---|---|
|GrantsReceived(Continued)|Funds|Funds|2020|2019|
||£|£|£|£|
|RERFCommunityBenefitFund|-|756|756|-|
|ResilienceFund|-|7,382|7,382|-|
|RighttoRemain|-|1,000|1,000|-|
|S.H.E.D.|-|2,000|2,000|-|
|SaferCommunities|-|5,705|5,705|-|
|SeedlingsFoundation|-|-|-|1,000|
|SirGeorgeMartinTrust|-|3,000|3,000|-|
|SportsEngland|-|3,800|3,800|-|
|SykesTrust|-|2,500|2,500|-|
|The29thMay1961CharitableTrust|-|4,000|4,000|-|
|TheJoseph&MaryHileyTrust|-|-|-|300|
|TheJosephRankTrust|7,500|-|7,500|-|
|TheNeighbourlyCommunityFund|-|400|400|-|
|TheSylvia&ColinShepherdCharitable|||||
|Trust|-|-|-|500|
|TheWhitecourtCharitableTrust|-|-|-|-|
|WadesCharity|-|2,500|2,500|-|
|WakehamTrust|-|-|-|150|
|WharfdaleFoundation|-|-|-|3,500|
|WomenArise|-|1,000|1,000|-|
|WoodwardCharitableTrust|-|1,000|1,000|-|
||──────────|──────────|──────────|──────────|
|Total|9,300|163,278|172,578|96,722|
||──────────|──────────|──────────|──────────|
The�Income�from�donations�and�legacies�was�£264,287�(2019:�£205,367)�of�which�£30,192,�was� unrestricted�(2019:�£24,506)�and�£234,095�restricted�(2019:�£180,862).
�The�Charity�benefits�greatly�from�the�involvement�and�enthusiastic�support�of�a�number�of� volunteers,�details�of�which�are�given�in�our�annual�report.�In�accordance�with�FRS�102,�the�economic� contribution�of�volunteers�is�not�recognised�in�the�financial�statements.
17
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 3 Other�trading�activities
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|Rentreceivedandothertradingactivities|4,258|305|4,563|
|Salesofgoods,servicesandmerchandise|250|564|814|
|Othertradingincome|-|-|-|
||──────────|──────────|──────────|
|Total|4,508|869|5,377|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|Advertisingandothertradingactivities|12,134|689|12,823|
|Salesofgoods,servicesandmerchandise|2,367|-|2,367|
|Othertradingincome|35|4,898|4,933|
||──────────|──────────|──────────|
|Total|14,536|5,587|20,123|
||──────────|──────────|──────────|
## 4 Investment�income
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|Incomefromcashinvestments|566|-|566|
||──────────|──────────|──────────|
|Total|566|-|566|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|Incomefromcashinvestments|520|-|520|
||──────────|──────────|──────────|
|Total|520|-|520|
||──────────|──────────|──────────|
18
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 5 Costs�of�raising�donations�and�legacies
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|CostsonraisingFunds|-|-|-|
||──────────|──────────|──────────|
|Total|-|-|-|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|CostsonraisingFunds|-|359|359|
||──────────|──────────|──────────|
|Total|-|359|359|
||──────────|──────────|──────────|
## 6 Expenditure�on�charitable�activities�by�fund�type
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|Bankcharges|72|-|72|
|Officeandadministrationcosts|836|6,623|7,459|
|Peoplecosts|307|123,953|124,260|
|Projectcosts|232|55,404|55,636|
|Supportcosts|45,545|20,556|66,102|
||──────────|──────────|──────────|
|Total|46,992|206,535|253,528|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|Bankcharges|269|-|269|
|Officeandadministrationcosts|12,441|17,751|30,192|
|Peoplecosts|5,821|109,226|115,047|
|Projectcosts|3,179|24,871|28,050|
|Supportcosts|40,437|17,580|58,017|
||──────────|──────────|──────────|
|Total|62,147|169,428|231,575|
||──────────|──────────|──────────|
19
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
|7|Analysisofsupportcosts|||
|---|---|---|---|
|||2020|2019|
|||£|£|
||Legal&ProfessionalFees|1,498|1,680|
||MeetingCosts|72|570|
||StaffCosts|50,930|49,424|
||ProjectSupport|5,037|6,104|
||OfficeandAdministrativeCosts|8,564|239|
|||──────────|──────────|
|||66,102|58,017|
|||──────────|──────────|
|8|Independentexaminationfees|||
|||2020|2019|
|||£|£|
||Independentexaminationofthefinancialstatements|1,380|1,380|
|||──────────|──────────|
|||1,380|1,380|
|||──────────|──────────|
20
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 9 Overhead�allocation�by�fund
The�overheads�incurred�by�LCCT�are�charged�out�to�the�separate�projects�in�order�to�share�the� overheads�of�the�organisation�out�against�all�active�projects.�During�the�year�this�was�done�by� charging�each�project�an�overhead�allocation�of�10%�of�their�annual�income.
||2020|2019|
|---|---|---|
||£|£|
|ConnectingCrossgates-CommunityHub|2,176|1,166|
|HESED@MayfieldFarm|589|797|
|HopefortheNations-NationalDayofPrayer|-|60|
|HorsforthCommunityDevelopment|3,851|3,853|
|HunsletInitiativeGeneral|1,366|1,633|
|JuneProject|9|524|
|LeedsCityPrayerCommunity|-|18|
|LeedsDads|2,300|1,064|
|LeedsDynamix|-|28|
|LeedsSpaceNetwork|1,335|898|
|MigrantAction|3,161|2,663|
|PeopleofPeace|60|-|
|SunflowerESOL|341|582|
|UnityInPovertyAction-General|4,704|4,099|
|WomenArise|664|-|
|NetworkLeeds|-|326|
|LentPrayerDiary|-|956|
|4Spaces|-|284|
||──────────|──────────|
||20,556|18,951|
||──────────|──────────|
21
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 10 Staff�costs
The�total�staff�costs�and�employee�benefits�for�the�reporting�period�are�analysed�as�follows:
||2020|2019|
|---|---|---|
||£|£|
|Wagesandsalaries|152,367|140,673|
|Socialsecuritycosts|2,653|2,392|
|Employercontributionstopensionplans|5,138|4,186|
||──────────|──────────|
||160,157|147,251|
||──────────|──────────|
The�average�head�count�of�employees�during�the�year�was�as�follows:
||2020|2019|
|---|---|---|
|AverageHeadCount|17|17|
The�average�head�count�of�employees�during�the�year�is�analysed�as�follows:
||2020|2019|
|---|---|---|
||No.|No.|
|Projectworkers|13|13|
|Managementandfundraisers|4|4|
||──────────|──────────|
||17|17|
||──────────|──────────|
Number�of�employee�who�received�employee�benefits�of�more�than�£60,000�during�the�year�was:
||2020|2019|
|---|---|---|
|Morethan£60,000|0|0|
## Key�Management�Personnel
The�charity�considers�its�key�management�personnel�to�be�the�Trustees�as�listed�in�the�trustee's�report.
## 11 Trustee�remuneration�and�expenses
The�trustee's�received�no�reimbursement�for�out�of�pocket�expenses�during�the�year�(2019:�£0)�and�no� trustees�were�remunerated�for�their�work�as�trustees�(2019:�£0).
22
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 12 Investments
|12|Investments|||
|---|---|---|---|
||||Cashorcash|
||||equivalents|
||||£|
||Costorvaluation|||
||At1January2020||40,000|
||Disposal||(40,000)|
||||──────────|
||At31December2020||-|
||||──────────|
||Impairment|||
||||──────────|
||At1January2020and31December2020||-|
||||──────────|
||Carryingamount|||
||At31December2020||-|
||||──────────|
||At31December2019||40,000|
|12|Debtors|||
|||2020|2019|
|||£|£|
||Tradedebtors|2,759|16,000|
||Prepaymentsandaccruedincome|9,077|13,449|
|||──────────|──────────|
|||11,836|29,449|
|||──────────|──────────|
|13|Creditors:amountsfallingduewithinoneyear|||
|||2020|2019|
|||£|£|
||Accrualsanddeferredincome|3,485|1,980|
|||──────────|──────────|
|||3,485|1,980|
|||──────────|──────────|
23
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 14 Analysis�of�Charitable�Funds
||At1Jan||||At31Dec|
|---|---|---|---|---|---|
||2020|Income|Expenditure|Transfers|2020|
||£|£|£|£|£|
|UnrestrictedFunds||||||
|GeneralFund|88,171|27,583|(45,545)|(26,544)|43,664|
|DesignatedFunds||||||
|LCCTCentral|20,000|-|-|26,544|46,544|
|LICTIM-LentPrayerDiary|1,859|1,112|(1,086)|-|1,885|
|NetworkLeeds|13,351|6,572|(361)|-|19,562|
||──────────|──────────|──────────|──────────|──────────|
|Total|123,381|35,266|(46,992)|-|111,655|
||──────────|──────────|──────────|──────────|──────────|
24
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
||At1Jan||||At31Dec|
|---|---|---|---|---|---|
||2020|Income|Expenditure|Transfers|2020|
||£|£|£|£|£|
|RestrictedFunds||||||
|CityofSanctuary|3,570|-|(60)|-|3,510|
|ConnectingCrossgates-||||||
|CommunityHub|6,063|21,758|(25,872)|-|1,949|
|HESED@MayfieldFarm|7,704|5,893|(6,940)|-|6,656|
|HopefortheNations-National||||||
|DayofPrayer|859|-|-|-|859|
|HorsforthCommunity||||||
|Development|8,055|38,511|(38,336)|-|8,230|
|HunsletInitiativeGeneral|16,657|13,663|(10,604)|-|19,716|
|JuneProject|485|93|(132)|-|445|
|LeedsCityPrayerCommunity|642|-|-|-|642|
|LeedsDads|2,595|22,996|(13,237)|-|12,354|
|LeedsDynamix|900|-|-|(900)|-|
|LeedsSpaceNetwork|18,656|13,348|(14,557)|-|17,447|
|MigrantAction|12,405|31,613|(25,178)|-|18,840|
|PeopleofPeace|-|600|(60)|-|540|
|SunflowerESOL|2,799|3,409|(3,438)|-|2,769|
|UnityInPovertyAction-Big||||||
|Change|2,200|-|(2,327)|127|-|
|UnityInPovertyAction-Leeds||||||
|CityCouncil|-|25,000|(16,400)|-|8,600|
|UnityInPovertyAction-West||||||
|YorkshirePoliceCommision
WelfareSupportScheme|8,900|-|-|-|8,900|
|UnityInPovertyAction-||||||
|General|22,241|44,442|(39,594)|(127)|26,962|
|UnityInPovertyAction-
WelfareSupportScheme|8,300|7,000|(6,817)|-|8,483|
|WomenArise|-|6,640|(2,983)|900|4,557|
||──────────|──────────|──────────|──────────|──────────|
|Total|123,030|234,964|(206,535)|-|151,459|
||──────────|──────────|──────────|──────────|──────────|
||──────────|──────────|──────────|──────────|──────────|
|TotalFunds|246,411|270,231|(253,528)|-|263,114|
||──────────|──────────|──────────|──────────|──────────|
25
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Fund�transfers
Leeds�Dynamix�£900�to�Women�Arise:
Following�the�closure�of�the�project�in�2018�the�trustee's�followed�Charity�Commision�guidance�to� transfer�the�left�over�residule�balance�to�Women�Arise.
Restricted�funds�are�grants�or�donations�received�directly�by�the�project�that�are�to�fund�their�activities� generally�or�a�specific�activity�within�the�project.
General�Fund�to�LCCT�Central�£26,544:
During�the�year�the�trustee's�have�reviewed�the�organisations�reserves�policy.�As�part�of�this�the�board� agreed�to�make�this�transfer�to�hold�more�funds�for�future�investment�in�the�projects.
The�larger�projects�within�the�Trust�are�as�follows:
## Hesed�@�Mayfield�Farm
Mayfield�Farm�in�Seacroft�promotes�well-being�and�community�cohesion,�building�relationships�that�help� people�come�out�of�isolation.�Activities�include�a�monthly�cafe,�film�showings,�craft�sessions�etc.� including�the�Men's�Shed�where�local�men�meet.
## Horsforth�Community�Development
Based�in�the�locality�of�Horsforth,�the�project�works�with�young�people�transitioning�to�high�school,� working�with�40�young�people�last�year�and�running�over�50�assemblies.�The�project�also�runs�the�local� farmers'�market�which�has�a�footfall�of�750.
## Hunslet�Initiative�
This�project�provides�activities�for�children,�teens�and�young�adults�across�inner�South�Leeds.�They�run� after�school�clubs,�sports�activities�and�one�to�one�mentoring.
## Migration�Action
An�advocacy�and�migrant�rights�based�organisation�that�exists�to�challenge�the�structures�that�create�a� hostile�environment�for�vulnerable�migrants.�
26
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## Unity�In�Poverty�Action�Welfare�Support�Scheme
Supported�to�a�large�extent�by�Leeds�City�Council,�the�Welfare�Support�Scheme�looks�largely�at�issues� such�as�addiction�and�mental�health,�homelessness�and�prison�release.�
## Unity�In�Poverty�Action�General
The�main�sources�of�Income�are�one-off�grants�from�a�number�of�charitable�Trusts�together�with� donations�by�individuals�and�Churches.
Unity�In�Poverty�Action�-�West�Yorkshire�Police�Commission�Grant�awarded�from�West�Yorkshire�Police� and�Crime�Commissioner�for�distribution�to�the�West�Yorkshire�Food�Poverty�Network.
## Women�Arise
We�are�a�project�that�supports�women�from�immigrant�backgrounds�through�providing�weekly�ES0L� sessions�on�topics�appropriate�to�building�up�and�equipping�women.
## 15 Analysis�of�net�assets�between�funds
||Unrestricted|Restricted|TotalFunds|
|---|---|---|---|
||Funds|Funds|2020|
||£|£|£|
|Tangiblefixedassets|-|-|-|
|CurrentAssets|115,140|151,459|266,599|
|Creditorslessthan1year|(3,485)||(3,485)|
||──────────|──────────|──────────|
||111,655|151,459|263,114|
||──────────|──────────|──────────|
||Unrestricted|Restricted|TotalFunds|
||Funds|Funds|2019|
||£|£|£|
|Tangiblefixedassets|40,000|-|40,000|
|CurrentAssets|105,630|102,761|208,391|
|Creditorslessthan1year|(1,980)|-|(1,980)|
||──────────|──────────|──────────|
||143,650|102,761|246,411|
||──────────|──────────|──────────|
## 16 Related�party�transactions
There�were�no�related�party�transactions�during�the�year�(2019:�£0).
27
## Leeds�Christian�Community�Trust
## Year�Ended�31st�December�2020
## Notes�to�the�Financial�Statements
## 17 Operating�lease�commitments
The�total�future�minimum�lease�payments�under�non-cancellable�operating�leases�are�as�follows:
||2020|2019|
|---|---|---|
||£|£|
|Notlaterthan1year|1,485|1,350|
|Laterthan1yearandnotlaterthan5years|-|5,940|
||──────────|──────────|
||1,485|7,290|
||──────────|──────────|
## 17 Events�after�the�Reporting�Period
After�the�year�end�the�government�entered�the�United�Kingdom�into�a�further�national�lockdown�placing� restrictions�on�a�range�of�activities.�The�lockdown�has�impacted�the�day�to�day�running�of�the� organisation�and�its�projects.�There�is�no�exacted�material�financial�impact�on�the�organisation�other� than�for�certain�projects�an�increase�in�funding�to�provide�resources�to�further�their�work�during�the� pandemic.
28