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← Life Church (Central England)

2024-12-31-accounts

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LIFE CHURCH (CENTRAL ENGLAND)
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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LIFE CHURCH (CENTRAL ENGLAND)

FOR THE YEAR ENDED 31 DECEMBER 2024 LEGAL & ADMINISTRATIVE DETAILS

REGISTERED OFFICE 139b Fletton Avenue
Peterborough
PE2 8BY
REGISTERED COMPANY NUMBER 05267786
REGISTERED CHARITY 1111146
GOVERNING DOCUMENT Memorandum and Articles of Association
TRUSTEES
Paul Graham
Andrew Kennedy
Sarah Lohse
Simon Lummis_(Chair)_
Stephen J Searle
Luke Sears
OTHER KEY MANAGEMENT (Elders)
Phil Bowyer
Luke Sears
Sam Tucker
Paul Graham
BANKERS 1. Charities Aid Foundation
PO Box 289
West Malling
Kent ME19 4TA
2. Barclays Bank plc
Peterborough Business Centre
PO Box 294
Peterborough
PE1 1EZ
INDEPENDENT EXAMINER Lisa Darby FCA
Stewardship
1 Lamb's Passage
London
EC1Y 8AB
INDEX
Page 1 Legal & Administrative Details
Pages 2 - 5 Directors' Report
Page 6 Independent Examiner's Report
Page 7 Statement of Financial Activities
Page 8 Balance Sheet
Pages 9 - 14 Notes to the Accounts

Page 1

LIFE CHURCH (CENTRAL ENGLAND)

FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE DIRECTORS

CHARITABLE OBJECTS

The primary aims of the charity are to fulfil the role of a Christian Church in the Peterborough area and to provide help to others in promoting the Christian faith in the United Kingdom and overseas. This is achieved through various church activities in the Peterborough area including providing relief for people in need and the support of missionary work in other parts of the world.

GOVERNANCE

The trustees, who are the charity's directors for the purposes of company law, are responsible for the policy and operating decisions of the church. They also monitor the financial situation monthly and from time to time meet with the core leadership team of the church to review relevant matters. New trustees are recruited and appointed by the Members of the Charity, as defined in our Memorandum & Articles of Association.

Up until 2024, the community projects of the church were operated through Life Community Trust, the trustees of both companies being identical. The business decisions were made totally separately for each company. On 18th December 2023, Life Community Trust effectively ceased trading following the decision by it's Trustees to close as a charity and Company Limited by Guarantee (registered number 08536305). On 9th July 2024 Life Community Trust was dissolved as a Company and 22nd July 2024 was removed from the Charity Commissions Central Register of Charities following it’s closure.

THE CHURCH: ITS AIMS AND OBJECTIVES

The Church is not a building. Rather, it is a gathering of ordinary people of different ages and backgrounds, whose lives have been changed by Jesus Christ, the Son of God. The New Testament reveals the Church as a community of people, properly taught and cared for, who by loving and serving Jesus Christ were also committed to loving and caring for each other and to bringing blessing to the area in which they lived. Life Church (Central England), its trustees, eldership and members are committed to the restoration of those New Testament principles. It is not alone in this, for it is one of many Churches in the area, country and all over the world whose aims and values are rooted in New Testament. The vision is to see the people of Peterborough and elsewhere come into this experience of knowing Jesus as their Lord, Saviour and friend.

Life Church (Central England) belongs to Relational Mission family of churches, which is also part of the wider New Frontiers family of churches both here in the UK and around the world that share similar values and objectives. We are a member of the Evangelical Alliance.

The trustees take very seriously their responsibilities to ensure the proper management and administration of the charity. To this end, they work closely with the core leadership team, whose responsibility it is to govern the life and teaching of the Church. Strict financial controls are in place and exercised by the trustees, including the monitoring of all income and expenditure against agreed budgets.

In planning the activites the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

CHURCH MEMBERS

Seeing the above aims and objectives fulfilled is impossible without the work and devotion of each Church member. We are therefore especially thankful for all of those who work so conscientiously and sincerely, often privately or behind the scenes and perhaps even without due recognition. Their service and the part they play towards seeing the Church’s vision realised cannot be overstated. Also, the Church’s financial support is almost entirely down to the generous and sacrificial giving of its members, for which we praise God.

Page 2

LIFE CHURCH (CENTRAL ENGLAND)

FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE DIRECTORS

2024 REVIEW

Each year it is a joy to see how much God does among us and through us as a church family, and 2024 was no different. I am so grateful for the many ways God has cared for us and blessed us and how the church family has selflessly and diligently cared for one another and our communities as we have sought to follow Jesus.

Meeting together

Gathering each Sunday remains a priority to worship God, be encouraged by his word and build one another up. As we meet each Sunday, hiring a large space in the Thomas Deacon Academy school, our attendance has remained around 130 individuals per week, which includes 15-20 primary school aged children, and up to 17 teenagers and 11 preschoolers.

Our mid-week fellowship has had a healthy relaunch during the year, with Life Groups moving to a longer-term continuous model rather than just running term by term. This brings stability to the groups running across the City and beyond, and encourages deeper connections, support & discipleship. Over 100 people committed to a group during the year.

We have also seen a regular flow of visitors and our Belonging Course for new members has been very busy, welcoming in 3 new members during the year and a further 15 ready to be welcomed in 2025. We have also had the great joy of baptising six people - a key step for a believer in following Jesus.

Investing in our congregation

We are very grateful for the great number of volunteers in the church who give of their time and skills to serve others, with around 100 people serving in various roles on and beyond a Sunday. I am very grateful especially to my fellow trustees, our two Sunday Coordinator Deacons and my fellow elders for all their care and hard work.

It was also wonderful to take around a dozen members of the church through a year long teaching and preaching course. And there were many other opportunities for investment into the many gifted individuals we have at Life Church, including our Greenhouse weekend, given to those in the church who carry a leadership role.

Page 3

LIFE CHURCH (CENTRAL ENGLAND)

FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE DIRECTORS

Loving our City

We continued running our Conversation Club, informally teaching English and particularly aimed at asylum seekers and refugees and have really enjoyed building connections with some of the regulars. Our wonderful Life Tots toddler group sadly came to a close over the Summer as its long serving leader, Jackie, retired from her role. We remain open to bringing back a similar service but currently do not have a team to run it.

We also are actively looking into other ways to reach out to our local community, especially Fletton where our building is based. Our heart is to share Jesus with our words and our actions and so continue to pray and look for opportunities to do that.

Mission

We continue to prioritise supporting, both financially and with our time, other churches and church planting initiatives in the UK and abroad. That includes investing in Relational Mission (the family of churches we are part of), something we do every year, and their varied work of planting and strengthening churches across the UK, Europe and beyond. We also have supported Novio Nijmegen (formerly Plant Nijmegen) for the third year and their growth as a new church. Finally, our longstanding relationship with a couple in Zimbabwe has remained a personal connection we have kept.

Beyond that, we also had a Mission Gift day where we raised money for our Zimbabwean friends, some specific Relational Mission initiatives, but also a church plant in Sheppey that we are getting to know well and wanting to support. It has been a joy not just giving money but partnering with many of these individuals and we have lined up many of them to visit the church this year and next to keep those relationships deepening.

Key events

As Relational Mission we had our first UK wide church camp this Summer, where around 1,000 members across our 50 or so churches gathered together to worship, be encouraged and build friendship. We also enjoyed great invitation services over Easter and Christmas, with 190 attending our Christmas event.

Staff team

Our staff team is an important part of achieving all we set out to as a team. Our staff team includes roles to support the eldership team, operations, kids & youth work, discipleship, communications and book-keeping. Other roles are fulfilled by volunteers. A new communications support came on board at the start of the year and has been very helpful.

Looking ahead

As we head into 2025, we are wanting to focus on how we grow as a church family, not just in numbers but in depth and maturity too. We want to put plans into action with reaching out to our city, pray for more baptisms, continue to teach the gospel of Jesus and expect God to work, by His Spirit, each and every day.

Luke Sears, Eldership Team Leader, on behalf of the elders & trustees

Page 4

LIFE CHURCH (CENTRAL ENGLAND)

FOR THE YEAR ENDED 31 DECEMBER 2024 REPORT OF THE DIRECTORS

FINANCIAL REVIEW

During the year income decreased by £1,938 to £238,515, and expenditure decreased by £36,392 to £233,006. As a result the deficit was reduced by £34,455, to a surplus of £5,509 and the charity's net assets increased by the same amount. Net current assets decreased by £328, to £200,701. The funds held by the charity at the end of the year totalled £384,075 (2023: £378,566) of which £10,720 (2023: £30,054) was restricted in use.

GRANTS POLICY

Given as deemed appropriate to a range of Christian organisations approved by the Trustees.

RESERVES POLICY

The Board of Trustees has established a policy whereby free reserves held by the charity should be maintained at three months' committed expenditure. This would equate to approximately £60,500. Funds above this level are being held pending plans for church property to be determined in the foreseeable future. The current level of unrestricted cash held is £183,153 (2023: £182,457)

RISK MANAGEMENT

All major insurable risks are subject to normal Churches and employers’ insurance. Any contractual risks are reviewed before being entered into, so as to ensure they could not significantly impact upon the Church’s ability to fulfil its objective. The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.

DIRECTORS' RESPONSIBILITIES

The trustees are responsible for preparing the trustees' annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the trustees are required to:

  1. select suitable accounting policies and apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures

disclosed and explained in the financial statements; and

  1. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity

will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

SJLummis

SJLummis (Sep 2, 2025 11:40:42 GMT+1)

S Lummis (Chair)

Date: Sep 2, 2025

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIFE CHURCH (CENTRAL ENGLAND)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024 on pages 7 to 14 following, which have been prepared on the basis of the accounting policies set out on pages 9-10.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 accounts 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.

Lisa Darby

Lisa Darby (Sep 3, 2025 11:03:00 GMT+1)

Lisa Darby FCA

For and on behalf of: Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: Sep 3, 2025

Page 6

LIFE CHURCH (CENTRAL ENGLAND)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
Income and Endowments from:
Donations and legacies
2
Investment income
Other trading activities
Other income
Total Income & endowments
Expenditure on:
Charitable activities
3
Grants payable
3c
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Total funds brought forward
Total funds carried forward		 General
Restricted
2024
2023
Funds
Funds
Total
Total
£
£
192,564
25,036
217,600
223,464
5,201
-
5,201
3,217
15,285
-
15,285
13,048

429
-
429
724
213,479
25,036
238,515
240,453
189,050
5,621
194,671
202,228

19,508
18,827
38,335

67,170
208,558
24,448

233,006
269,398
4,921
588
5,509
(28,945)
(2,755)
2,755
-
-
2,165
3,344
5,509
(28,945)
371,190
7,376
378,566
407,511
373,355
10,720
384,075
378,566

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

==> picture [65 x 75] intentionally omitted <==

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

Small differences of £1 may appear in these accounts due to rounding issues.

The notes on pages 9 - 14 form part of these accounts.

Page 7

LIFE CHURCH (CENTRAL ENGLAND)

BALANCE SHEET AS AT 31 DECEMBER 2024

Note
Fixed Assets
Tangible assets
5
Current assets
Debtors due within one year & prepayments
6
Debtors falling due after one year
6
Cash at bank and in hand
7
Current Liabilities
Liabilities falling due within one year
8
Net Current Assets
Net Assets
Unrestricted Funds
Restricted Funds
Total Funds
9		 Unrestricted
Restricted
Total funds
Total funds
Funds
Funds
2024
2023
£
£
£
£
183,374
-
183,374
177,537
12,422
138
12,560
13,215
-
-
-
-
183,153
13,850
197,003
196,200		 Unrestricted
Restricted
Total funds
Total funds
Funds
Funds
2024
2023
£
£
£
£
183,374
-
183,374
177,537
12,422
138
12,560
13,215
-
-
-
-
183,153
13,850
197,003
196,200
195,575
13,988
5,594
3,268		 209,563
209,415
8,861
8,386
189,981
10,720		 200,701
201,029
373,355
10,720		 384,075
378,566
373,355
371,190
10,720
7,376
384,075
378,566

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors and were signed on its behalf by:

SJLummis (Sep 2, 2025 11:40:42 GMT+1)
SJLummis		 Sep 2, 2025
~~__~~______ ______
S Lummis (Chair) Date
Company number: 05267786 Charity number: 1111146
Small differences of £1 may appear in these accounts due to rounding issues.
The notes on pages 9 - 14 form part of these accounts.

Page 8

LIFE CHURCH (CENTRAL ENGLAND)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

The charity is a charitable company limited by guarantee and is incorporated in the United Kingdom. The company's registered number and registered office address can be found on the Company Information page.

1. Accounting policies

Income from donations and legacies includes:

Income from other trading activities represents income receivable from activities undertaken to generate funds for the charity. It includes income generated by the hiring of the Fletton Centre.

Investment income represents income generated by the charity's assets and includes income from bank interest.

The charity has relied significantly upon volunteers in carrying out all of its activities during the year. In accordance with the SORP, the role of volunteers has not been recognised as income from donated services in the accounts.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

The cost of raising funds is not significant and has not been disclosed separately.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets this criteria is identified to the relevant fund.

Page 9

LIFE CHURCH (CENTRAL ENGLAND)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2. Voluntary income
Gifts and offerings
Tax recovered
3. Charitable activity
a)
Direct charitable costs
Church activities & events
Children's work
Youth work
Visiting preachers & preaching resources
Staff costs
Hire of premises, incl cost of hire, cost of use & equipping
Utilities
Repairs & maintenance
PA & music
General expenses incl travel & subsistence
b)
Support & Administration
Office costs
Insurance
Legal and professional fees
Independent Examination fee
Depreciation
Bank charges
Combined charitable activity cost
c)
Grants payable
Relational Mission
Overseas Mission Support:
Europe
Africa
Life Community Trust (see note 12)
Other gifts
Leadership development incl training, sabbaticals and meetings		 General
Restricted
2024
2023
Funds
Funds
Total
Total
£
£
£
£
163,800
18,726
182,526
183,124
28,764
6,311

35,074
40,340
192,564
25,036
217,600
223,464
General
Restricted
2024
2023
Funds
Funds
Total
Total
£
£
£
£
3,834
5,252
9,087
10,623
2,438
369
2,806
2,300
837
-
837
259
278
-
278
941
123,818
-
123,818
130,219

31,103
-
31,103
27,256
3,266
-
3,266
6,709
2,382
-
2,382
78
449
-
449
640
150
-
150
1,641
3,510
-
3,510
7,027
172,065
5,621
177,686
187,693
3,492
-
3,492
4,014
2,188
-
2,188
2,032
4,333
-
4,333
3,214
2,280
-
2,280
2,280
4,632
-
4,632
2,937
60
-
60
58
16,985
-
16,985
14,535
189,050
5,621
194,671
202,228
8,430
-
8,430
8,400
900
16,162
17,062
50,057

4,970
2,665
7,635
6,630
-
-
-
2,083
5,208
-
5,208
-
19,508
18,827
38,335
67,170

Page 10

LIFE CHURCH (CENTRAL ENGLAND)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4. Staff, pastoral support & trustees
Gross wages, salaries & benefits in kind
Employer's National Insurance costs
Employer's pension costs
Total staff costs		 General
Restricted
2024
2023
Funds
Funds
Total
Total
£
£
£
£
113,799
-
113,799
119,790
3,847
-
3,847
3,701
6,172
-
6,172
6,728
123,818
-
123,818
130,219

For the year the charity employed 3.15 full time equivalent members of staff (2023:3.78). Some of its activities are carried out by volunteers.

No employee earned at a rate in excess of £60,000 p.a. (2023: None)

Remuneration payable to key management (excluding trustees) amounted to £7,742 in the year (2023:£7,807). Key management is considered to cover church leaders directly employed by the church.

During the year, trustees Paul Graham and Luke Sears were paid (including employer pension contributions where applicable) £41,615 (2023: £40,684) and £46,856 (2023: £45,359) respectively for pastoral services supplied to the church; as permitted by the governing document.

No other trustees were reimbursed expenses during the year (2023 - none).

The total amount of donations received from trustees was £24,138 (2023: £23,943).

In addition the following related parties were employed by the company and received the appropriate remuneration for their services:

Mrs H Graham £nil (2023: £7,727)

All of the above figures include salary and employer's pension contributions as appropriate.

5. Tangible fixed assets
Equipment
Cost or valuation, 1 January 2024
Additions during the year
Cost or valuation, 31 December 2024
Accumulated depreciation, 1 January 2024
Charge for the year
Accumulated depreciation, 31 December 2024
Net book value, 31 December 2024
Net book value, 31 December 2023
6. Debtors & prepayments
Income tax recoverable
Sundry debtors
Prepayments
7. Cash at bank and in hand
Charities Aid Foundation
Barclays Bank plc
Cash in hand
8. Creditors: liabilities falling due within one year
Accruals
Committed Grants		 Land &
Buildings
200,000
-		 Furniture &
Total
Equipment
2024
£
24,073
224,073
10,469
10,469
200,000 34,542
234,542
24,000 22,536
46,536
2,000 2,632
4,632
26,000 25,168
51,168
174,000 9,374
183,374
176,000 1,537
177,537
2024
2023
£
£
11,288
9,114
-
1,837
1,272
2,263
12,560
13,214
2024
2023
£
£
196,578
179,496
305
16,585
120
120
197,003
196,201
2024
2023
£
£
5,593
2,018
3,268
6,368
8,861
8,386

Page 11

LIFE CHURCH (CENTRAL ENGLAND)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

**9. ** a) Funds Balances Incoming Outgoing Transfers Balances Balances
Jan. 2024 Resources Resources Dec. 2024 Dec. 2023
£ £ £ £ £ £
RESTRICTED FUNDS
Mission Support & Projects 2,912 12,826 8,286 - 7,452 2,912
Church plant Nijmegen 4,464 12,210 16,162 2,755 3,268 4,464
7,376 25,036 24,448 2,755 10,720 7,376
UNRESTRICTED FUNDS
General Fund 371,190 213,479 208,558 (2,755) 373,355 371,190
371,190 213,479 208,558 (2,755) 373,355 371,190
TOTAL 378,566 238,515 233,006 - 384,075 378,566
The assets and liabilities represented by the various funds are as follows:
Fixed Bank & Cash Other net TOTAL
assets balances assets/liabilities
£ £ £ £
Restricted funds - 13,850 (3,130) 10,720
Unrestricted funds 183,374 183,153 6,828 373,355
183,374 197,003 3,698
 384,075

The Mission Support & Projects Fund represent monies specifically given for the support of mission activities. The Church Plant Nijmegen Fund represents monies donated by Life Church and many individuals and churches across Relational Mission to support a Netherlands church plant project, which began in July 2022. The project is led by Wouter Vertegaal (former elder) and is being facilitated via Relational Mission Europe.

9. b) Funds at 31st December 2023 Balances Incoming Outgoing Transfers Balances Balances
Jan. 2023 Resources Resources Dec. 2023 Dec. 2022
£ £ £ £ £ £
RESTRICTED FUNDS
Mission Support & Projects 2,939 8,505 8,532
 - 2,912 2,939
Church plant Nijmegen 27,115 22,336
 44,987 - 4,464 27,115
30,054 30,841 53,519 - 7,376 30,054
UNRESTRICTED FUNDS
General Fund 377,457 209,612 215,879 - 371,190
 377,457
377,457 209,612 215,879 - 378,566 407,511
TOTAL 407,511 240,453 269,398 - 378,566 407,511
The assets and liabilities represented by the various funds are as follows:
Fixed Bank & Cash Other net TOTAL
assets balances assets
£ £ £ £
Restricted funds - 13,744 (6,368)
 7,376
Unrestricted funds 177,537 182,457 11,197 371,190
177,537 196,201 4,829 378,566

Page 12

LIFE CHURCH (CENTRAL ENGLAND)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2024

10. Operating lease commitments

The charity has an operating lease for its Sunday meeting venue. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

Payments falling due:
Within one year
Between one and five years
After five years		 2024
2023
£
£
2,035
2,263
-
-
-
-
2,035
2,263

During the year the charity was charged £25,650 (2023: £24,726) for its operating lease.

11. Events since the year end

None

12. Relationship with Life Community Trust

This is a separate registered charity (Life Community Trust registered number 1153808) which has its own set of trustees, whom are also the trustees of Life Church (Central England). As the Life Community Trust trustees are the same as the trustees of Life Church (Central England), Life Community Trust is classed as a related party.

On 18th December 2023, Life Community Trust effectively ceased trading following the decision by the Trustees to close as a charity and Company Limited by Guarantee (registered number 08536305).

On 9th July 2024 Life Community Trust was dissolved as a Company and 22nd July 2024 was removed from the Charity Commissions Central Register of Charities following it’s closure.

There were therefore no transactions between the two charities during the accounting year.

Page 13

LIFE CHURCH (CENTRAL ENGLAND)

Detailed Statement of Financial Activities with Comparatives

FOR THE YEAR ENDED 31 DECEMBER 2024

13.
Note
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investment income
Other Trading activities
Other income
Total income and endowments
EXPENDITURE ON
Charitable activities
3ab
Grants payable
3c
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Total
Total
Funds
Funds
2024
2023
2024
2023
2024
2023
£
£
£
£
£
£
192,564
192,623
25,036
30,841
217,600
223,464
5,201
3,217
-
-
5,201
3,217
15,285
13,048
-
-
15,285
13,048
429
724
-
-
429
724
Unrestricted Funds - General
Restricted Funds
213,479
209,612
25,036
30,841
238,515
240,453
189,050
196,275
5,621
5,952
194,671
202,228
19,508
19,604
18,827
47,566
38,335
67,170
208,558
215,879
24,448
53,519
233,006
269,398
-
-
-
-
-
-
4,921
-6,267
588
-22,678
5,509
-28,945
-2,755
-
2,755
-
-
-
2,165
-6,267
3,344
-22,678
5,509
-28,945
371,190
377,457
7,376

30,054
378,566
407,511
373,355
371,190
10,720
7,376
384,075
378,566

Movements on reserves and all recognised gains and losses are shown above.

Small differences of £1 may appear in these accounts due to rounding issues.

Page 14

LCCE Accounts for 2024, FINAL FOR SIGNING

Final Audit Report 2025-09-03

Created: 2025-08-22 By: Lawrence Renn (lawrence.renn@stewardship.org.uk) Status: Signed Transaction ID: CBJCHBCAABAAmLYtZTv8ptSdGgvBi1FSmWrXMVKkTtsk

"LCCE Accounts for 2024, FINAL FOR SIGNING" History

2025-08-22 - 11:52:35 AM GMT

Document emailed to simon.lummis@wearelifechurch.uk for signature

2025-08-22 - 11:56:06 AM GMT

2025-09-02 - 10:38:34 AM GMT

Document emailed to Lisa Darby (lisa.darby@stewardship.org.uk) for signature 2025-09-02 - 10:40:43 AM GMT

Agreement completed.

2025-09-03 - 10:03:00 AM GMT