## **Meeting of Trustees of Lakeside Christian Fellowship Trust** ## **Held on 12 January 2025** ## **Present Rod Sayers, Ian Hay, James Mackay, Sean Larkin, Paul Day** The meeting opened with a time of prayer ## **Financial** The Trust had the following balances in its bank account on 11 January 2025 LCF CAF Bank - £24,594.38 Elburgon CAF Bank - £2,536.53 Lloyds Bank – £4,984.49 Monies available for Kenya totalled £5,847.52 as at 1 January 2025 ## **Accounts for Year ended 30 June 2025** These were circulated to the trustees for approval and agreed ## **Tax Accounts** Year ended 5 April 2024 - These have been prepared and will be submitted to HMRC prior to the January deadline using Tax Calc. ## **Gift Aid** Year ended 5 April 2025 – The claim will be submitted on 6 April 2025 ## **Safeguarding Policy** Nothing to report ## **KYC** The KYC process was completed satisfactorily with CAF Bank ## **Elburgon** Rod Sayers provided an update on the visit by Hedley Quinton to Kenya Financial Position – it was agreed to hold a further meeting of the Trustees to discuss the financial support the Trust could provide to the Mission through 2025, given the lack of new sponsors. In advance of that meeting Rod Sayers would do a full review of the new legislation being introduced by the Kenyan Government in respect of orphanages and the 2025 financial position assuming no additional sponsors were found. ## **Trustees** New Trustees – The trust would continue to look for additional Trustees ## **Treasurers Spreadsheets** It was agreed that Ian Hay would continue to produce the Treasurers Spreadsheet ## **Data Protection** No incidents reported ## **Romania** It was agreed to continue to support the ministry of Father Catalin Stanescu in Romania ## **Recordings** The Trust would look to see if there was anyway to improve the recordings of services given the presence of young children meant there was a lot of background noise on recent recordings ## **LCF Giving** It was noted that with the increased support for Sean Larkins travel on ministry trips that funds would deplete faster in 2025. ## **AOB** The dates for the next meetings were to be agreed following the meeting ## **LAKESIDE CHRISTIAN FELLOWSHIP CONSOLIDATED FINANCIAL REPORT FOR THE YEAR** ## **1 July 2023 to 30 June 2024** ## **Income** |||**Income**|||| |---|---|---|---|---|---| |Offerings/donations
HMRC Tax Refund
Net bank interest
**Total Income**
Romania
Talents Childrens Mission
Talents Solar Panels
Insurance
S E Larkin Consulting
Copyright Licence
Child Protection
Childrens Church
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**||**Year ended 30**
**June 2023**
55,283.44
38,520.92
0.00
**93,804.36**
3,000.00
42,480.92
0.00
337.68
30,000.00
415.81
145.00
0.00
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**
**Year ended 30**
**June 2023**
**59,232.34**
**9,193.97**
**68,426.31**
**Year ended 30**
**June 2023**
8,605.48
43,052.91
16,767.92
0.00
0.00
**68,426.31**
**Expenditure**||**Year ended 30**
**June 2024**
46,370.80
17,577.55
87.97|| ||||||| ||||||**64,036.32**
3,785.00
41,672.82
4,488.17
337.68
30,000.00
491.80
657.48
218.44
2,827.82
3,000.00
65.00
219.09
120.00
390.00
4,314.62| ||||||**92,587.92**
64,036.32
92,587.92| ||||||**-28,551.60**| |||||**Year ended 30**
**June 2024**
68,426.31
-28,551.60|| ||||||| ||||||**39,874.71**| |||||**Year ended 30**
**June 2024**
5,674.49
33,734.13
466.09
0.00
0.00|| ||||||| ||||||**39,874.71**| Signed: Name: Relevant professional qualification or membership of professional bodies (if any): Address: I f& isrtols kLkJWThJ 4 3 ￿K￿ Date 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 2024. 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 examiner's 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 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.