Chanty registration numbèr 1098281 Company registration nurnber 04765158 IEngland and Wales) LIVING STONES, EASTBOURNE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY COMMISSION FIRST CONTACT 2 DEC ?P": ACCOUNTS RECEIVED
LIVING STONES, EASTBOURNE LEGAL AND ADMINISTRATIVE INFORMATION Trustees T Jackson M Relf Mrs R Jones Mrs C Fredriksson R Kelly Charity numb&r 1098281 Company nUmr 04765158 Reglstered office Community We Othynge Road Eastboumg East Sussex BN211 PY Independent examlner Ho113nd Harper LLP 26 High Street Batue East Sussex TN33 OEA
LIVING STONES, EASTBOURNE CONTENTS Page Trustees. report Indèpendent gx8minerf$ ttport Statement of financial activities alan sht Notes to the financial statements 7-13
LIVING STONES, EASTBOURNE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 AIARCH 2024 The trustsos presenttheir annual report and financial statsments forthe year ded 31 March 2024. Th8 accounts have been prepared in accordance wlth the accountlng poliThes sgt out in ngte 1 to the accounts and rximply wth the Gharfty's memorandum and arkncles ol assoualion. th& Comp8nies Act 2006 ancl 'Ac¢ounting and Reporting by Charitips. Stat6mQnt of Recornmended Prachce applicable to charth85 pring , their accounts in 8ccordsnce with the Financial Reporting Standard appliGable in the UK 8nd Republic of Ireland IFRS 1021. las amended for accounkn'ng peri5 comrn8ncing from 1 January 20161 Objectives and activilies The Chartty's objects are the advancernent olthe Christian faith in Eastboume. the UK and the wodd. The charity also seeks to give relief to persons in need. to advan the Christian education of young people and also to play an active role in soaal transformation. Through worship and prayer. learning about the gospel and developing their knowledge and trust in Jesus. we try to help people to live out the good news of Jesus in the community, enabling them to see how our faith affects our relats'onship with God. other people and the envlronment Our outreoch work is part ol OUT desir8 to brlng holistic transformatioTh to our communities. Athlevement and perfomiance Chatitable Activlties The activrf(i8s of the Charity continue to be expressed through our kno congregations, each with thelr own aracter and leadership. The wsible expression of these Congregations is their regular Sunday worship. Old Town Community Church IOTCCI meet at Town Comrnunity Centre wth Liwng Stones Community Churrh ILSCCI meets at the Community Wse Centre. These gatherings are charactesed by engaging worship, prayer and relevant bible teaching within an inyomal setting whieh encourages participation ol all. Children and familie8 play an itnportant part in the life of one congregalion and both congregation5 a150 seek to be safe places for marginali8ed and vulnerable people. The power of the gospel ol Jesus to tr8nsform lives Is at the heart Df all we do and are. Community engagefflent is a key part of our vision and purpose. wilh actsvits'es throughout the yearto engage and bless the cornmunity both in Old Tt)wn 8nd 8cro&8 Eastboume. The trustees have paid du& reg8rd to guid8nce issued by the Ch8rty Cornrni%sion in dedIng what actltieS th Chaty should undertake. The Charity is a Public Benefit Entity.
LIVING STONES, EAST OURNE TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Old Town CommunSty Church The GOngregaOn, which consists of around 30 regular attendees. meets on Sunday momings. The Sunday meetings this year have been focused on the lif8 of Jesus. with an In depth look at the parabbs h8 shared, along th a series on the imp8el Jesus h8d on the lives of the peop16 h8 encountered while he was on earth. '" The church has expanded 115 corporate prayer opportuntknes, a Thursday moming meeting alongsl(fe the long-standing Tuesday evening Zoorn prayer meeting. The churd) now also offers a monthly shared lunch for regulars and I45itots. Okl Town's Tuesday Friendship Café is flourishing, with around 20 regular5 rne8b.ng for fun and friendship as well as to support each otherwhere needed. The church regularly welcomes SkerS from the various ch8Fitiè5 and gioups that we support to bring us up ta date wilh their current need8. Regular 'te8ching' services are interspersed with a week when the fellowship lebr8t8S Comrnunion and another week when they hav& 8n opportunity to sh8re personal testimoni&5. The four Horne Groups conb"nu8 to ffi8&t r8gu18rfy for Bib18 Study. prayer and fellowship. The weekly time of 'chaplaincy' on Albert Parade continues despite one member having been very poorly. other folk from OTCC or other ¢hurches have malntalned the wtness. OTCC took the lead in organising domesbc abuse training, which was offered to churches from across the town. The session$ foeused on spotting the sign5 tsf abuse both im and out of the churth context and promding appropriate SUPPOrt. The church's lèadership group now consists of ttsur Tnembers who meet fortnightly to plan for upcoming 5eMc85 and to 8ddress pa81oral and pracltral issues 88 they ari$8. Lbvlng Stones communlty church Uvlng Stones has seen a year ofgrowth and change. The Sunday meetings are attended by between 30 alld 50 people. The d)urch contsnues lo b8 8 beacon for those who might b8 wn8id8red on th8 margin8 018oeiety, which has givèn many of the fejlowship new opportunibes to engage and support them. The churth's rhythm sees a café-sty18 8erwce on the fir3t Sunday of the month. th Communion on thé third Sunday. On the second and fourth Sunday. a combinatlon ol home-grown and guesl speakers fow5ed on th8 book of 1 Peter. Chlldren and families continue to be a major focus on the church and its outreach. Alongside weekly Sunday School and family tirne slots. community outreach includes the ever-popular LivevAres Youth Club and School's Out craft activity mornings. The annual Chu¥d) Camp at Dalesdown attiacied some So campers ol all ages. Emma McPhail provided the rnorning talks, looking at the importance of rest to re-8nergise and r8inforc8 relationshSp with God. Camp Femains highly popular with the younger members ol the church and assorted chiklren from friends and fsmily whojoin lor the weekend. Five Life Groups continue to meet gularlY, providing taaching, flectiOn and pastoral care. Th8 groups are n(rt following 8 specific theme. th4th some focusing more on pwer and supportwhile others focus on Biblg sbjdy. Thg men of the church meet occasionally for meafs together induding breakfasts with speakers. LSCC'S 21ternative Hallowe'en evening was again a very popular occasion with more and more local tsmilies joining. We are glad to b8 able to Co-ordinat& with other churches in Old Town for this. L82dership prayer lunches wth other churches in Old Town have been welcome ch8ne£s to share information. di%S$ issues of cornrnon COnM and to plan events when we can work together.
LIVING STONES, EASTBOURNE TRUSTEES. REPORT ICONTINUED)(INCLUDING DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2024 Sèvèral folk still 8klPPOrt 8ncl volunt88r WEth Community Wse, our sistar chanty. whith is golng from strength to str8ngth. A great developmènt has been our promsion of For*J and Friendshlp parties for the students and staff of the wgekly school of Eng115h. ving Stone5 joined the domestic abuse training coord.inated by Old Town Community Churth. Churth leade¥s Rob and Caz Kelly meet regularly with Maityn and Sue Retf, erShlIe le8ders of 40 years, as W811 as th8 SAGE t98m to ensure a range of views and input5 8r8 tepr858nted in the running Df the church. Flnanelal revlew It is the policy of th8 Charity that unr8strict8d funds which have not been designated for a speclfie use should be malntained 8t a level equival8nt to tso mDnth s expenditure. Th8 trust885 consider that reserves at this level will ensure that, in the event of a significant drop in funding. they will be ab to continué the Charit5Ps cuThent aCtItIeS while consideration is given to ways in which addition81 funds may ke raised. This level of ieserves has been maintained th¥oughout the year. The trustees h8ve assessed the m8jOT risks to which the Charty is Èxposed, and are sth"sfied that 8yStems are in place to mitigate exposure to the major risks. Stru¢ture, govomanco and management The Charity is a company limited by guaranke and is therefore govemed ty a memorandum and arbcles of association. The trustees, who are also the d1clorS forthe purpose of company law, and who seryed during the year and up to the dat& of signature ofthe financial statements were.. T Jackson M Relf Mrs R Jones Mrs C Fredriksson R Kelly The board has the power to appoint new trustees who only be appolnted if they are farniliarwith thè affalrs of the charity. The Bsting trustees provide informal training in that respect None of the trust885 has any ben8fipi81 interest in the company. ofthe trustees are member5 of the eomp&ny and guarantee to contribute £1 in the event of a ¥Mnding up. The work of the charity is delivered primarily through its conggatiOnS. Separate leadership teams are responsiblfy for the oversMJhl of these congregations vrith founding lead&r. Matyn Relf, maintsining a dos8 link with both of them. The congregations are s¢pardtely represented at trustee level and reports 8re Teceived from thom at trustee meetings. The trustees, reportwas approved by the Board of Trustees. IL+J¢£ M Relf Trust8e Dated.. 31 O¢tober 2024
LIVING STONES, EASTBOURNE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIVING STONES, EASTBOURNE I report to the trustees on my examinJtion of the financial statements of Living Stores, Eastt)ourne (the Charity) lor the year ended 31 March 2024. Responsibilities and basis of report As the trustees ol the Chanty land also Its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordanc8 Wth the requirements ol the Companie5 Ad 2006 Ithe 2006 A¢tl Hawng sats"sfied myself thal the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent ex8mination, I repcrt in respect ol my examination of the Chartty's financial statements carried out under section 145 of the Chariti8s Act 2011 (the 2011 Act). In carrying out my examinsb.on I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs stslement I have completed my ex8minalion. I confirm that no m8tters have com& to My attention in connection wth the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Charity as required by section 386 of the 2CNJ6 Act., or the finanual statements do not accord with those records.. or the financial statements do not comply with the accounting requirements of section 396 01 the 2006 Act other than any requirement thal the accounts give a true and fair view which is not a matter considered as part of an independent examin3tion'. or the financial statements have not been prepared in 8WOFdanc8 With the methods and principle5 of the Statemènt of Recommended Practi for accounting and reportsng by charits.es applicable to charfties prepanng thEir account5 in accordanc8 wth the Financial Reporting Standard applic2blé in the UK and Republi¢ of Ireland IFRS 1021. I have no concem5 and have corne across llo other mztter5 in connection with the examinatOn to which attention should be drawn In thi5 r&port in order to enable a proper understanding of th8 finanoal stslements to be leached. Holland Harper LLP 26 High Street Battle East Sussex TN33 OEA Dated.. 31 October 2024
LIVING STONES, EASTBOURNE STATEPJIENT OF FINANcL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrtcted Restrictsd funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Income from: Donations and legacies Investments 72.605 678 32,300 323 104,905 1,iK11 67,652 70 18.723 20 86,375 Total income 73,283 32,S23 105.906 67.722 18,743 86,465 Expenditure tsn: Charitable 8ctiMties 62,243 32,366 94.609 85.243 860 86,103 Totsl expenditure 62,243 32,366 94,609 85,243 860 86,103 Net income and movemerrt In funds 11,040 257 11,297 117.5211 17.883 362 R•conclllation of funds.. Fund balances at 1 April 2023 108,757 43,718 152,475 126,278 25.835 152,113 Fund balances at 31 March 2024 119,797 43,975 163,772 108.757 43,718 152,475 The statsmeDI of financial actiwties includè5 all gains and losses re(nIse(l in the year. income and expenditur8 derive from continuing activtties.
LIVING STONES, EASTBOURNE BALANCE SHEET ASAT31 MARCH 2024 2024 20fd Notss Fixed assets Tangible assets 10 56 70 Current asBets Cash at bank and in hand 164.808 153,473 CNditor6: amotants falllng duè wlthln one year 11 11,092} 11,0681 Net cuttent assets 163.716 152,405 N$t aets 163.772 152,475 The funds ofthe Charfty Restricted income fijnds Unrestricted funds 12 43,975 119,797 43.718 908.757 163,772 152.475 The c4mpany is ened to the exemption from the 8udil r8quirernent contained in section 477 of the Companies Act 2006. for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying wtth the requirements of the C(xnpani6s Act 20C6 with respect to accounting records and the prep8ratiDn of financial statements. The members have not reqUId the company to obtsin an audit of tts fin8ncl*l ststements fr>r the year in qu6Stion In accordance with section 476. These financial statements have been prepared in accordance with the promsions applicable to companies subject to the small companies regime. The financial statements were gpproved by the trustees on 31 October 2024 M Relf TtU8ts8 Company registration numb8r 04765158 IEngl8nd And WdLe51
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Aecountlng pollcles Charity information Lill9 Stones, Easlbourne is a priv8te ComnY limited by guarantee incorporated in England and Walès. The reg>stered Offi is Community Wise, O¢Wynge Road, Eastbourn&, East Sussex, BN21 1PY. 1.1 Accountlng conv¢ntlon The account5 have boen PTepared in accordance with th8 Charity's memoTandum and artides of association, the Companies Act 2006 and 'Accounting and Reporting by Chailts"es'. Statement of Recomrnended Practice applicable to charities preparfng their accounts in accordance with the Financaal Reporting Standard applicable in the UK and RepublSc of Ireland IFRS 1021 la5 amended for accounting periods commencing frorn 1 January 20161. The Charity is a Public Benefit Entity as defined ty FRS 102. The Charity h8S taken advantage of the promsions in the SORP for charities applyIng FRS 102 Updatg Bulletin 1 not to prepare a Stat8tnenl of Cash Flows. Tre fin8nu£l Statements sre prapared in 51eiling, whith is the fvnctional eunEncy of the Charlty- Monétary amounts in these financTal statements are Tounded to the nearest £. The finBncial statements have been ppared under the hi8toriral ¢ost convention. The prinapal accounting poliaes adopted are set oui below. 1.2 Going cone•rn At th8 tiTn8 of approving the finan81 statements, the trustees have 8 ressonable expeotation that the Charity has adequate resources to continue in operational eSten for the foreseeable fvture. Thus the trusiees continue to adopt the going concem basls of accounting in preping the financial 5tstement& 1.3 Charitabl• funds Unrestricted funds are avai18ble for use at the discretion or the trustees in furtherance of thelr charftable objertlves. Designatèd lunds comprise fvnds which have be¢n set aside at the discr8tion of twstees for specific purpD5es. The purpDses and us8s of the designated funds 8re set out in the notes to the financlal statements. Restricted funds are subject lo specific conditions by donors tsr grantors as to how they rnay be used. The purpos8s and usès of the rèstricted funds are sgt out In the notes to the finanual statemerrts. 1A Incomlng resources Income is recognised when the Charity is legally entived lo it aft&r any perf01rnan corKlrtions have been mel, the amounts can be measured reliably, and f( is probable th* income will be r&I1ved. Cash donations are r8cogni5ed on reTripl. Other donatTons are recognised once the Charity has been notified of the donation. unless perfottnano conditions require deferral of the amount. Income t2x recoverable in relation to donation5 received under GiftAid or deeds of covenant r8cognlsed at the tirne of the donation. 1.$ Resour¢e8 expended Liabilities are recognised 2s expénditure as soon as thère is a legal or constructive obligation commltting the charity to that expenditu, It is probable that a transfer or economic benefits will be required in seWement8nd the amount of the obligats.on can be me8sured reliably. Expenditure is aco)unted for on an 8rualS basis and has been clas3ifigd under r&18vant headings.
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Aecountlng pollcEes IGoDtlnuedl 1.6 Tanglble fixed assets Tangible fixed assets are In(knally measured at ¢ost and subse4uendy measured 8t cost or valuation. net ol depreuation and any impairni?nt105ses. Depreaation is cogniSed so as to write off the ¢ost orvaluation ol 8ssets18ss their residual values overlhèlr useful Iwes on thg following bases.. Fixiures, fiitings and equipment 20% redu¢ing balance The gain or loss arising on thg disposal of an asset is deternined as the difference beNveen the sale proeeeds and the carying value of the asset and Is recognised in the statement of finan(#al actiwttes. 1.7 Cash and cash equivalents Cash and cash eouivalents indude cash in hand, dep051Es held at cau with banks, other short-temi liquid investments wth original maiurib.es of three Thonths or less, and bank overdrafts. Bank Dverdrafts are shown vAthin borrowings in current liabilities. Baslc Ilnanclal assets 8asicfjnancial assets, whith include debtor8 and cash and bank balancos. are measured at transaction p¢1. Bas1¢ Ilnancialliabilltles Basic fjnancial liabilitl88. 1ndL1ng creditors and bank loans arg also recognised attr8n5action pJice. Crittcal accounting estimates and judgements In the application of the ChaThtys accounting pOle8, the trustees ?re required to make judgements, eslirnat&s and assurnptions about the carying amount of assots and liabilities that are not readily 8pparent from other sources. The estimate5 and 8ssociated assumptions are ba$ed on h[Stori1 expèrien and other factors th8t are considered to be relevanL Actual results rnay cliffer frorn these ests"mat85. The estimates and underlying a55umplions are reviewed on an ongoing basis. RewsiQnS to accounb.ng estimates are recognised in th8 period in which the estimate is reSed Whe the reMsion affecis only that period. or in the period of the revision and future peri<)ds where the revision aftect5 both current and fubJr8 period5. Income from donations and legacles Unrestrtcted Restricted funds funds 2024 2024 Totsl Unrestrict6d Rostricted funds funds 2023 2023 Total 2024 2023 Donations and gitts 72,605 32,300 104,gDS 87.852 18,723 86,375
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations and legacles (Continued) Unrestricted R85trleted funds funds 2024 2024 Total Unro$trfctgd Rèslrlctsd funds funds 2023 2023 Total 2024 2023 Donation$ and glfts Donations Tax daim 62,848 9,757 32,300 95,148 9,757 60,385 7,267 18,723 79.108 7.267 72,fA)5 32,300 104,905 87,652 18,723 86,375 Incomo from Investments UrEf8Stricted Restricled funds funds 2024 2024 Totsl Unre8trict¢d Restrieted funds funds 2023 2023 Total 2024 2023 Interest receivable 678 323 1.001 70 20
LIVING STONES, EAST8OURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charftsble a1VIties 2024 2023 Staff costs Depreciation and lrnpaimient Rent Insuran Speakerslmusicians Foodlevents Equipmentlresour(es Missionlminislry SupF>Ort ChildrenfyoLth subscp0nS Church camp 7 Central Avenue expense5 By the way Telephone Account3ncy Post, stationery, publlcty and adverts Administration Profes5ion81 fees Training Away days 17,036 14 12.749 12,256 20 20,849 625 580 1,838 2,353 36,481 1,885 1,139 539 2,363 2,325 11001 1,280 1,068 108 1871 740 1.344 1.462 52,846 1.006 576 2.663 346 1,092 253 728 492 941 321 326 94,609 86.103 1,809 86,103 Analysis by fund Unrestrirted fvnds Restricted funds 62.243 32,366 94,609 For the year ended 31 March 2023 Unrestricted fund8 Restricted fund$ 85,243 86,103 10-
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Not movement In funds 2024 2023 The net movement in funds is stated afteT chargingllcreditingl.. Fees payable for the independent examin8b.on of the charity'8 fin8nu81 5talgments Deprepiation olowned tangiblg fixed asseis 1,092 14 1,068 20 Trustees None of th8 trustees lor any persons nnected with them) reiVed 8ny remuneration or bEnefits from the Charity during the year. Employees The average monthly number employees during the yearwa$'. 2024 Number 2023 Number Charitsble wotk Employmènt costs 2024 2023 Wages and salaries 17,036 12,256 There were no employees whose annual remuneration was More than £60,(M)O. Remuneration of key management pgrsonnèl Taxation The charity is exemptfrorn t8xab.on on its aotivities becaus& all its income is ap18 foT charitable purposes.
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Tangible fixed assets Flxturps, fittings and Èqulpmont Cost At 1 Aprtl 2023 5,860 At 31 March 2024 5,860 Dapreeiation and Impalrment At 1 April 2023 Depreryation charged in th8 yaar 5,790 14 At 31 Marth 2024 5,804 Carrylng amount At 31 Marth 2024 56 At 31 Marth 2023 70 11 Creditors.. arnounts Pdlling duè wlthin one year 2024 2023 Other ueditors 1,092 1,068 12 Restrlcted funds The restricted funds of the eharity comprise the unexpended balances of donations and grants held on trust subject to specffi¢ conditions by donors as to howthey may be used. At 1 April 2023 Incomlng resources Resources At 31 March oxponded 2024 43.718 32,823 132.3661 43.975 Prevlous year. At 1 April 2022 Incomlng resour¢e8 Resourceg At 31 March oxpendgd 2023 25,835 18,743 18601 43,718 12-
LIVING STONES, EASTBOURNE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Unr8Strictsd funds The unrestricted funds of the charity comprise the unexpended b818nces of csonations and grants which are not subject io specific condthons by donors and grantors as to ht>w they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for spec4fic purposeB. At 1 April 2023 Incoming resoU&S Resources At 31 March expended 2024 G8neral ftjnds 108,757 73,283 162,2431 119,797 Previous year. At 1 Aprll 2022 Incoming Re8oureÈs At 31 Mareh r•sourcoS expended 2023 Goneral fund5 126,278 67,722 185,2431 108.757 14 Analysls of n•t assgts bèlwg•n funds UnstrIcted Funds Re5tri¢ted Funds Total Fund balances at 31 M8rch 2024 are repented by.. Tangible assets Curtent as5etsllliabllitiesl 56 119,741 56 183.716 43.795 119.797 43,795 163,772 Old Town Living Stones 81,065 38,732 119,797 16 Related party transa¢tions There were no disclos8ble related party bBns8ctions during Ihe ye8r12023- none). 13-