2024-12-31-accounts

Alive Believers Centre

259-261 Boaler Street Liverpool L6 9DH

Reg. Charity 1119924 Financial Statements

31 December 2024

Alive Believers Centre Reg.Charity1119924

Financial Statements

For the Year Ended 31 December 2024

Contents

	Page
Contents	2
Administrative Information	3
Trustees’ Report	6
Structure of the Charity	6
Structure of Administration	6
Significant Issues & Landmark	7
Future Projection	10
Declaration & Signature	11
Independent Examiners’ Report	12
Statement of Financial Activities	13
Balance Sheet	14
Notes to the Financial Statements	15

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Alive Believers Centre Reg. Charity 1119924

Alive Believers Centre is also known as Rainbow Community, derived from multi-cultural and diverse nature of our charity

Registered Charity Number: 1119924

Period of the Report 01 January 2024 – 31 December 2024

Charity’s Principal Address Charity’s Place of Operation 259-261 Boaler Street 259-261 Boaler Street Fairfield/Kensington Fairfield/Kensington LiverpoolL6 9DH LiverpoolL6 9DH

Charity’s Contact Details Telephone: [phone] Email: [e-mail]

Description of the Charity The Charity’s objectives are:

• To Promote Physical and Mental Health and Wellbeing of Children, Youth, Adults & Older People

• To provide Social Care and Recreational Activities with the objective of improving the conditions of life for the residents of Merseyside, without discrimination in terms of sex, age, sexual orientation, race, political or religious affiliation, or other opinions.

• To advance the education of the public in learning corporate singing, the use of musical instruments, such as Keyboard, Guitar, Flute, Trumpet, Drums etc, and Basic Computing Programmes.

• To provide counselling, guidance and advice for the general public, and for couples, to advise and help in the settlement of differences or potential differences over associated matters, such as custody, access to children etc.

• To benefit the residents of Merseyside, without distinction of sex, age sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation leisure time occupation with the objective of improving their conditions of life.

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Alive Women’s Group (AWF)

259-261 Boaler Street Liverpool L6 9DH United Kingdom [e-mail]

Health & Wellbeing Talks

Healthy Eating at a Budget Telephone Befriender Service Alive Women Group Marriage Seminar

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Alive Believers Centre Reg.Charity1119924

Trustees and Governance

Names of Trustees Dates during which Office Held the named trustee acted (if not for the whole period covered by the report)

Dr Abel Kehinde Adegoke- Chairman Dr Olaposi Simeon Kehinde Dr Victor Ebenuwa Dr Babatunde Ogunbiyi- Secretary

Trustees are appointed at Annual General Meetings. Trustees have the authority to co-opt other people as trustees during the year for the remainder of the year.

Bankers Lloyds TSB Liverpool Law Courts PO Box 1000 BX1 1LT

Independent Examiners TAMACS Management Accounting Solutions 12 Ashleigh Drive Sheffield S12 2SA

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Alive Believers Centre Reg.Charity1119924

Trustees Report for the Year Ended 31 December 2023

Organisational Structure, Activities and Achievements

Structure of the Charity

Trustees and the Cardinal Objectives of the Charity

Board of Trustees remains the first administrative level in Alive Believers Centre. Trustees are made up of members listed on page 5 of this report. They design, set and coordinate policies, strategies, activities and administrative structure for running the charity. They are drawn from a wide spectrum of society, especially mental and physical health to reflect the nature and functions of the charity.

The cardinal objective of Alive Believers Centre, as stipulated in its charter agreed at a General Meeting on 6 October 2010 is to Promote Health & Wellbeing of Children, Youth, Adults & Older People in Kensington & Fairfield ward, and Liverpool in general; without distinction or discrimination in terms of sex, age, sexual orientation, race, political or religious affiliation, or other opinions. Trustees therefore promote activities geared towards the development of a total person, by providing members of the public opportunities to improve their wellbeing through health & wellbeing, social, and economic activities; as well as recreational and educative services. The board continues to achieve its objectives by appointing trained professionals and volunteers within the community and the society in general, who design, deliver and maintain activities approved by Trustees for the attainment of its objectives set out on page 3 of this report.

Structure of Administration

• Board of Trustees is the highest level of administration that sets out policies and strategies for achieving the objectives of Alive Believers Centre.

• Management Team is the next level of administration setup to implement policies and strategies and give exception reports to Board of Trustees for verification, evaluation, validation and review. These include cultural leaders and members of the community who contribute to the development of the charity’s objectives. They are appointed to take charge of smaller/ad-hoc task and finish assignments, and day today running of the charity’s activities. These include Steering committees and ad-hoc/task and finish committees appointed within the membership and board of trustees

• Dr Johnson Abimbola and Dr Adedoyin Abimbola, leaders from the start of the charity, continue to give social, financial and administrative services that enhance objectives of the charity.

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Alive Believers Centre Reg.Charity1119924 Trustees Report (continued)

Significant Issues and Landmarks:

Alive Believers Centre has metamorphosed over the years from a purely spiritual centre to a communityoriented organisation through delivery of holistic services to Children, Youth, Adult and Older People in Kensington and Fairfield Ward in particular and now to people of Liverpool in general. Our communityfocussed services have not obviated our spiritual services to the community. Rather, they have strengthened our propensity to deliver inclusive spirituality, learning services and expanding our possibilities through interaction with other groups, faiths, culture and race.

So, 2024 has graduated extensively from a monolithic organisation to a multi-purpose centre, using multiple approaches for the empowerment of a Total Person. Joining the community of “herd immunity” as the world attempted to gravitate out of the effects of COVID-19 gave us the impetus to develop inclusive services, rather than exclusive spirituality. As usual, our giant stride into a multicultural community is due to the support we received before, during and after the COVID pandemic that ruptured many charities and shut down doors of community centres. We owe a depth of our gratitude to Liverpool City Council, Liverpool Community Voluntary Services (LCVS), Mersey care, and National Lottery Community Fund, which gave us moral and financial support that empowered us to tackle Long Covid, as a centre serving Critically Extremely Vulnerable People. While surviving charities were reducing their span of services, we are increasing ours. We pushed the boundaries with unconventional innovations, departing significantly from our conservative methods and modes of operation. National Lottery Community Fund showed so much confidence in our ability to deliver services outside our conventional approach, enabling us to use the experience we had gained in COVID years to reach out to larger number of beneficiaries, especially in the Older People’s bracket.

A significant landmark in our operation in 2024 as a viable charity is the untraditional approach taken by Trustees in finding every means of redeeming the loans obtained from individual members who sacrificed from the onset of the charity. These interest-free credits have come from our founding pastoral leaders and other well-meaning members of the charity who persevered over the years to ensure that the charity weathered through every torrent of local, national and global predicaments. We cannot quantify donations by which our donors fully funded and are still funding veritable events that has now given the charity a good footing in Kensington and Fairfield Ward in particular and the community at large. 2024 again witnessed significant support from Alive Men’s Group (A-MEN), Alive Women’s Group (AWF) and Alive Youth Forum who funded events and covered up for the shortfall in our traditional funding sources. As usual, items which didn’t have vendors’ price tags couldn’t be reflected in the accounts. Trustees arranged a workshop for training our local donors and members to enable us reflect such donations in in subsequent years. In summary, 2024 was a year of greater responsiveness to the need and sustenance of the charity, and sustainable plan for attracting new streams of community funding which had come through confidence building and practical demonstration of responsible leadership.

The National Lottery Community Fund granted us for the years 2024-2027 is a game-changer that has helped us significantly to expand our community reach, especially as regards our online activities initiative, through which we now reach more people across the UK population. It has empowered us to increase our activities towards home-bound older people, through our Telephone befriending service.

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Alive Believers Centre Reg.Charity1119924 Trustees Report (continued)

We reported in 2023 that we were working towards widening the scope of our services to include wider reach Telephone Befriender’s Service, a specialised service not yet significantly tapped into by many other charities around Kensington and Fairfield ward of Liverpool. The community fund has also enabled us to mainstream our on-site and online Services.

Our food delivery service suffered a serious setback because of our inability to continue to take advantage of the raw food donations from COSTCO (through OASIS food program), the local donation of food items and the funding of periodical events at holiday seasons supported our services to children and Youth. Trustees thus set up a committee to plan 2025 Summer Camp for Kids and Teens aged 4-16 years. The committee submitted preliminary report, including project delivery costs in December 2024. The committee’s recommendation that donations be taken from parents and community people was approved during the last trustees meeting for 2024 in December. The anticipation of 2025 Summer Camp has also injected more volunteer teachers into the facilitators team.

Appreciation and Acknowledgements:

Funds continued to be the limiting factor in 2024, preventing us from executing many of the lofty ideas proposed by beneficiaries who are facing great health challenges. Nevertheless, trustees have supported viable projects and continue to give promises to fund projects, especially health-related activities. For avoidance of repetition, our funders, trainers and supporters deserve great commendation. While many organisations are folding up for dearth of funds, Liverpool City Council, National Lottery Community Fund, and LCVS have been very helpful in supporting us to provide safe space and deliver qualitative services for our community people. In addition, the influx of new volunteers has helped to plan for future deliverables. Many veritable health focused organisations have also reached out to us to deliver workshops for our participants, especially the Older People’s Group. We thank community members who donated food items. As usual, we recognise our Councillors in Kensington/Fairfield ward for their continued interest in our sustainability, supporting us to gain access to critically good practices to sustain the work.

Some Important Statistics

Although our ability to deliver hot meal to our Older People (Rainbow 50+ Group) has declined, wellmeaning members of the community have continued to donate dry foods to sustain our ability to cater for the food need of our older people. Through Exercises, Healthy Hot Meals, Health Talks and Telephone Befriender’s Service we experienced exponential growth in the number of people accessing our services in 2024, especially our online Telephone Befriender’s Service and Health Talk Online. Unlike the 20% increase in attendance in 2023, 2024 recorded double (about 40% increase in attendance). We also gained more referrals through Health Watch, Liverpool City Council, Citizens Advise Bureau, Life Rooms and some private individuals. Our volunteer base has also grown by about 28% between 2023 and 2024.

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Clips 0£ Artivities go* , OofftfjOd@ @￿{]0￿@￿@ Rainb0¥41 50+ at an Exercise Session

Important Changes

The most important change in 2024 is concerning the recommendation of the National Lottery Community Fund about upgrading the status of our charity to a Charitable Incorporated Organisation. Incidentally, this had been the desire of the trustees because we have been proposing to take over the Boaler Street property from the Royal Bank of Scotland that had been bank-rolling us to meet in the building. Hence the two most important changes are to gain incorporation status and to register 259-261 Boaler Street in the name of our charity, instead of the two members who had mortgaged their own properties with the bank until we were able to repay loans to us in full. We owe these two families of Dr & Mrs Abel Adegoke (our charity’s chairman), and Mrs Cecilia Odeyemi (our first Women’s leader) for their magnanimity and selflessness in holding Boaler Street in trust, without any benefit to themselves since 2007. Volunteers, among whom were our trustees and management team have also worked hard to gain the confidence of funders, the community, participants and facilitators over the years. As usual many volunteers donated volunteers’ stipend transport fare to keep the works progressing. Nevertheless, we continue to solicit for funds to execute laudable activities that our community members are requesting for. We have employed sessional workers, courtesy the National Lottery Community Fund. We now have a full-time online activity coordinator and well-trained Telephone Befriender’s.

Future Projections

Trustees directed that we should continue to prioritise feedbacks from participants in our activities, because of the positive improvement we gained in 2023, especially as we rounded up the Extremely Vulnerable Older People’s project. 2024 had witnessed bevy of activities, especially as related to Health and Wellbeing of our participants. Thus, we had put emphasis on our four main activities, i.e. Exercises, Health Talk, Healthy Hot Meals and Telephone Befriender Service for hospitalised and home-bound participants. We have also focussed on services that bring together Youth, Kids & Teens, and Older People in our community. Writing funding bids to cover intergenerational activities, both Onsite and Online has been mapped for the first quarter of 2025.The redesigning of our website to align with the level of service we were delivering from the second half of 2024 has been completed, and it’s diverting traffic to our charity at an astronomical speed. The National Lottery Community Fund has enabled us to procure functional Exercise materials, as well as Equipment for delivering on our promise of a better sound system and online facilitation. Thus, our online activities are now on top gear. We were able to attract the attention of charities, larger diversities, as well as national and international professionals for online facilitators for delivering Services.

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Statement of Trustees’ Responsibilities

In compliance with the requirements of Charity Commission in England and Wales, we have prepared financial statements for the year 2024 which give true and fair view of the charity’s financial activities during the year and show its financial position at the end of the year. In preparing those financial statements, we have:

• a) selected suitable accounting policies and apply them consistently

• b) made judgements and estimates that are reasonable and prudent

• c) state where applicable accounting standards and followed statements of recommended practice, disclosing and explaining any departures in financial statements; and

• d) prepared the financial statements on the going concern basis to reflect that the charity continues in operation.

We have kept accounting records which disclose with reasonable accuracy the financial position of the charity and which enable the external examiners to ensure that the financial statements comply with the Statement of Recommended Practice (revised 2005). We have also safeguarded the assets of the charity and taken reasonable steps to prevent and detect fraud and other irregularities.

External Examiners

TAMACS Management Accounting Solutions have agreed to continue to offer themselves for appointment as external examiners of the charity.

Signature and Declaration

I declare, in my capacity as a trustee, that:

• the trustees have approved the report above, and

• they have authorised me to sign it on their behalf

SignedAbel Kehinde Adegoke

(Chairman Board of Trustees) 17 September 2025

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Independent Examiner’s Report on the Accounts

Independent Report to the trustees of Alive Believers Centre on the accounts for the year ended 31 December 2024 set out on pages 13 to 21

Respective Responsibilities of Trustees and Examiner

• It is the responsibility of the trustees to prepare the Annual Report and the financial statements in accordance with applicable law and U.K. Accounting Standards.

• The trustees, going by Section 144 (2) of the Charities Act 2011 (the Act) consider that Alive Believers Centre does not require an audit for the year under review, and that an independent examination is required.

I am responsible for:

• examining the accounts (under section 145 (1) of the Act)

• following the procedures laid down in the General Directions given by the Charity Commission (under Section145 of the Act); and

• stating whether particular matters have come to my attention.

Basis of Independent Examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. I also include consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit; consequently, I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

In the course of my examination, no matter has come to my attention:

(i) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:

• proper accounting records are kept (in accordance with section 130 of the Act); and

• accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or have not been met; or

(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Name: Titus Abayomi FCA, ACMA, CGMA, MSc. Address: 12 Ashleigh Drive, Sheffield S12 2SA Dated: 17 September 2025

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Alive Believers Centre Reg. Charity 1119924

Statement of Financial Activities

For the Financial Year Ended 31 December 2024

NOTE Y/E December Voluntary Income 1A Restricted Fund 1B Other Income 1C Total Income Resources Expended Service Costs 5 Support Costs 5 Governance Costs 5 Total Resources Expended Net Movement in Funds Funds Brought Forward	2024 £ 67,705.02 22,567.59 34,485.63 124,758.24 48,121.86 37,498.98 250.00 85,870.84 38,887.40 260,376.51 299,263.91	2023 £ 54,891.93 9,660.00 49,785.30 114,337.23 69,237.06 40,727.96 200.00 110,165.02 4,172.21 256,204.30
		260,376.51

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Alive Believers Centre Reg. Charity 1119924

Schs Furniture, Fittings & Equipment 2 Prepayment RBS (Boaler Street) Loans (Re Boaler Street) 4A Current Assets: Cash in Hand & at Bank Total Current_Assets Less Creditors & Accruals 4B _Net Current Assets Net Assets Charity Current Account Balance B/F Excess of Income Over Expenditure (Projects Fund) Total Fund 6 Unrestricted Fund	Balance Sheet as at 31 December 2024 2024 2023 £ £ 8,250.00 6,356.00 251,790.00 341,094.00 93,705.00 251,790.00 247,389.00 55,299.00 25,519.00 55,299.00 25,519.00 2,449.00 5,261.00 52,850.00 20,258.00 312,890.00 274,003.00 274,003.00 269,831.00 38,887.00 4,172.00 312,890.00 274,003.00 312,890.00 274,003.00 - -

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Alive Believers Centre Reg Charity1119924

Notes to the Financial Statements

For the Financial Year Ended

31 December 2024

1. Basis of Preparation of Financial Statements

Basis of accounting

These accounts have been prepared on the basis of historic cost convention in accordance with:

• Accounting and Reporting by Charities – Statement of Recommended Practice (SORP

• 2005);

• Accounting Standards; and

• The Charities Act 2011 (and The Charities Act 2022)

Change in basis of accounting

• There has been no change to the accounting policies (valuation rules and methods of

• accounting) since 2007 accounting period.

Change to previous accounts

• .

• There have been no significant changes to the accounts for previous year

• Accounting Policies

Incoming resources

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when:

• •the charity becomes entitled to the resources

• •the trustees are virtually certain they will receive the resource; and

• the monetary value can be measured with sufficient reliability

Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Grants and Donations

Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

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Tax reclaims on donations and gifts

Incoming resources from tax claims are included in the SoFA at the same time as the gift to which they relate.

Contractual income and performance related grants

These are only included in the SoFA once the related goods or services have been delivered.

Gifts in kind

• Gifts in kind are accounted for at a reasonable estimate of theirvalue to the charity or the amount actually realised.

• Gifts in kind for sale or distribution are included in the accountsas gifts only when sold or distributed by the charity.

• Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable

Donated services and facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer help

The value of any volunteer help received is not included in the accounts but is described in the trustees’ annual report.

Investment Income - This is included in the accounts when receivable.

Expenditure and Liabilities

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance costs

This includes costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Support costs

These include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their regular usage measurement.

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Assets

Tangible fixed assets for use by the charity

• These are valued at cost or, if gifted, at the value to the charity on receipt; and capitalised if they can be used for more than one year, and cost at least £100.

• Depreciation of tangible fixed assets is calculated to write off theircost or valuation less any residual value over their estimated useful lives as follows:

Land nil Buildings 50 years straight line Plant, fixtures fittings, and equipment 4 years reducing balance Motor Vehicles 4 years reducing balance

Investments

Investments on a recognised stock exchange are valued at market value at the year end. Other investments assets are included at trustees’ best estimate or market value.

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		Alive Believers Centre
		Reg. Charity 1119924
	Statement of Financial Activities
	Schedules for	the Financial Year Ended 31	December 2024
1. Income		2024	2023
A.		Voluntary Income	£
£
Donations		67,705.02	54,891.93
		67,705.02	54,891.93
B.Restricted Income: (cf. Note 6)
Liverpool Council CEV B/F(2023)		-	9,660.00
National Lottery Community Fund		22,567.59	-
		22,567.59	9,660.00
C.Other Income
Gift Aid		16,630.63	16,547.30
Facilities Usage by	others	1,355.00	1,175.00
Events Sponsorship/Food Donations 16,500.00			32,063.00
Total Other Income		34,485.63	49,785.30
Total Income		124,758.24	114,337.23

• COSTCO Superstores donates food through OASIS Charity

• Individual member’s donations - quantifiable, measurable and material

2. Furniture Fittings & Equipment Cost (As at 01/01/2024) Addition in 2024 Cost (As at 31/12/2024) Depreciation Depreciation(As at 01/01/2024) Depreciation for the Year (25% Red) Depreciation (As at 31/12/2024) Net (As at 31/12/2024)	2024 £ 62,538.46 4,643.60 67,182.06 56,182.06 2,750.00 58,932.06 8,250.00		2023 £ 62,189.46 349.00 62,538.46 54,063.26 2,118.80 56,182.06 6,356.40

3. Debtors & Prepayments

Deposit towards 259 Boaler Street up to 31/12/2023 41,094.00

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4A. Creditors (Re: Boaler Street Contribution)

(a) Creditors for Boaler Street property have been fully repaid (b) Accountancy Charges (Governing 250.00)

4B. Creditors & Accruals TNL Community Fund (Restricted) Rainbow (Legal Charges) Governance Costs - £250* Accruals Total	2024 1,823.99 375.00 250.00 2,448.99	2023 - 375.00 200.00 5,261.03

*Governance Costs is £250 payable to External Accountant

1. Resources Expended

2. No cost has been incurred to generate voluntary income

3. No management costs have been incurred in 2024

Charitable Activities Y/E December Services Costs 2024 Staff Expenses – Alive Centre 3,102.00 Restricted Funds Expenses: TNL Community Fund (Note 6) 16,100.00 LCC CEV Project Fund– Note 6b - Event Sponsorship/Food Donation 16,500.00 Programs & Events ** 9,344.74 Welfare &Training 3,075.12 48,121.86 Y/E December Support Costs 2024 (£) Rent (Payable thro the Coop) 15,500.00 Repairs & Maintenance 4,830.21 Transport &Travelling 1,060.00 Printing, Postage & Commun 1,290.98 Publicity - Electricity, Water &Gas 10,047.72 Insurances 1,362.91 Fees, Charges and Licences 263.76 Bank Charges 393.40 Depreciation 2,750.00 37,498.98

2023 6,013.72 - 9,660.00 32,063.00 9,457.07 2,043.27 69,237.06 2023 (£) 18,000.00 4,381.11 825.14 1,532.77 690.18 10,306.40 2,157.83 304.00 411.70 2,118.80 40,727.96

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6. Expenses on Restricted Funds

The National Lottery Community Fund August – December 2024 Project Wages Hire of Space Promotion Capital Expenditure TOTAL TNL Community Fund Expenses	13,350.00 2,500.00 250.00 16,100.00 4,643.60 20,743.60

7.Restricted Funds

• Liverpool City Council – Community Luncheon Completed

• Improving Access to Psychological Therapy - Completed

• Dementia Champions Project (Rainbow 50+) - Completed

• Awards for All Music Box Project - Completed

• All Churches Trust - Completed

• Award for All - Completed

• LCVS Healthy Eating on a Budget - Completed

• Critically Extremely Vulnerable Project - Completed

Alive Reserved Fund Portfolio £251,790

– Trustees resolved in 2009 that at least 85% of voluntary income (as at 2024 £251,790) be set aside as ‘Capital Redemption Reserve Fund’ meant for procuring Boaler Street property gradually, thus reducing the interest of Royal Bank of Scotland annually.

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More Clips of Activities 11 Healtli .ks'l,iop Sessioiis 21