Meeting of Trustees of Lakeside Christian Fellowship Trust
Held on 5 November 2023
Present – Rod Sayers, James Mackay, Ian Hay, Sean Larkin and Paul Day
The meeting opened with a time of prayer
Financial
The Trust had the following balances in its bank account on 30 October 2023
LCF CAF Bank - £35,144.45
Elburgon CAF Bank - £3,00.69
Lloyds Bank – £9,791.68
Monies available for Kenya totalled £12,792.37
Accounts
Year ended 30 June 2023 – the accounts were reviewed by the Trustees and approved
Gift Aid
Year ended 5 April 2023 – a gift aid claim would be submitted shortly. It was anticipated the claim would total approximately £10,100.
Safeguarding Policy
Update – all relevant individuals had been advised they need to complete safeguarding training with thirtyone:eight with the cost being reimbursed by the Trust. In addition those individuals would be required to review and sign the new code of conduct.
KYC
The KYC review with CAF Bank has been completed and documentation changes they requested have been implemented
Expense Claims
It was agreed that the costs associated with running the children’s ministry would be refundable by the Trust. It was also agreed that other costs associated with the running of the Fellowship would be considered on a case by case basis under th terms of the Trust Deed.
Elburgon
Solar Panels – work on the solar panels was completed
The mission is still awaiting a refund from their electricity provider in respect of damage done to the bore hole pump
Data Protection
No incidents reported
AOB
The date for the next meetings will be 4 February 2024
LAKESIDE CHRISTIAN FELLOWSHIP CONSOLIDATED FINANCIAL REPORT FOR THE YEAR 1 July 2022 to 30 June 2023
Income
| Income | ||||
|---|---|---|---|---|
| Offerings/donations Miriam Foundation HMRC Tax Refund Net bank interest Total Income Romania/Miriam Foundation Talents Childrens Mission Insurance S E Larkin Consulting Copyright Licence Child Protection Hall Hire Donations Legal and professional services Other Churches Together in Woking Bank Charges Travel Costs Total Expenditure Total Income Total Expenditure Net Income Opening Balance Net Income Closing balance Statement of Funds In Lloyds Bank In CAF Bank In CAF Bank - Elburgon Uncleared cheques Cash in hand Balance |
Y/E 30 June 2022 78,837.11 0.00 0.00 0.00 78,837.11 5,465.00 28,613.93 0.00 30,180.00 348.66 129.00 2,730.00 3,000.00 50.00 210.80 40.00 492.00 1,920.95 73,180.34 78,837.11 73,180.34 5,656.77 Y/E 30 June 2022 53,575.57 5,656.77 59,232.34 Y/E 30 June 2022 16,540.33 34,693.32 2,341.92 0.00 0.00 53,575.57 Expenditure |
Y/E 30 June 2023 | ||
| 55,283.44 0.00 38,520.92 0.00 |
||||
| 93,804.36 3000 42,480.92 337.68 30,000.00 415.81 145.00 2,617.88 3,000.00 60.00 359.03 40.00 366.00 1,788.07 |
||||
| 84,610.39 93,804.36 84,610.39 |
||||
| 9,193.97 | ||||
| Y/E 30 June 2023 | ||||
| 59,232.34 9,193.97 |
||||
| 68,426.31 | ||||
| Y/E 30 June 2023 | ||||
| 8,605.48 43,052.91 16,767.92 0.00 0.00 |
||||
| 68,426.31 |
Inde endent examiner's re Fellowshi Trust ort to the trustees of Lakeside Christian I report to the trustees on my examination of the accounts of Lakeside Christian Fellowship Trust (the Trust) for the year ended 30 June 2023. Res onsibilities and basis of re ort As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts 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. Inde endent examinerfs statement 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 Trust as required by section 130 of the Act" or 2. the accounts do not accord with those records; or 3. the accounts 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. I have no COnrnS 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.
Signed: Name: Relevant professional qualification or membership of professional bodies (rf any): Address: I SHtJVS W)C) Date S sq41