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2024-03-31-accounts

THE LIFE CHURCH – MAIDSTONE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The Trustees have pleasure in submitting the Report and Accounts for the year to 31 March 2024

Objects of the Charity

The Trust seeks to demonstrate the Christian faith in action by advancing the Christian faith, relieving sickness and financial hardship and promoting and preserving good health, and advancing education, in all such ways and in such parts of the United Kingdom or the World as the trustees may from time to time think fit.

Government

The policy and operating decision of the charity rest with the Trustees who meet regularly to monitor the activities of the Charity.

Objectives and activities

The Life Church is a gathering of people who are committed to love and care for each other and the community they live in, as was taught by Jesus Christ, believing that lives can be changed and bettered by Godly and Biblical principles.

The church employs Mr. Christopher Eke as full-time minister and he serves the church together with Mr. David Thompson (accredited Assemblies of God minister). The church also employs Mr. Charlie Olliver as minister to the teenagers and young people of the church. Mr.Olliver is in his second year of the theological and leadership training course and will graduate in the summer of 2024. Mr. Peter Jackson was accepted as an Elder/Leader and Trustee as from 1[st] February 2024; the other Trustees being Mr. C Eke, Mr. David Thompson, Mr. Alan Pitt and Mrs. Jennifer Rhodes.

The Sunday morning services are very well attended and the congregation has grown to almost 300 adults and young adults. To allow for seating in the church hall, it was decided to extend the hours of the Children’s Church for the whole of the Sunday morning service, 10.30am – 12.15pm. The teenagers attend their own meeting from 11.15 – 12.15. The Sunday morning service is available live on YouTube and all the Sunday services are available to view on the church website. The number of subscribers is good. 2 separate services on Sundays is being considered to accommodate the growing congregation.

All the workers in the church, including the Trustees and ministers are DBS checked through ThirtyOne:Eight.

Midweek services include times for prayer and Bible study. The Little Sparkles Club for babies and toddlers and their parents/carers meet each Thursday morning during term times and the teenagers attend an after school club each Wednesday between 3pm and 6pm. The two Alpha courses were appreciated and a success.

The building is used twice each week by Alcoholics Anonymous and once each week by Cocaine Anonymous.

The church is affiliated to Assemblies of God and Evangelical Alliance organisations and we regularly support other charities: Starfish Malawi, Open Doors ministry, the Salvation Army food bank, the Family Trust and Crossline Counselling; the last 3 being local charities.

Page 1

The building is generally kept in good order. The walls of the main hall were rough and marked by water stains. As the roof was replaced last year solving the problem of leaks, the walls of the hall have been drylined and decorated. The Café Room and the Children’s Church Room, as well as some of corridors and stairs have been renovated, decorated and new carpets fitted. The premises are extensive (originally being 3 separate buildings) and the improvements are appreciated by the congregation. A total of £70500 has been spent on the renovations and repairs.

The shop area used by the church to sell handmade crafts has continued to provide support for Starfish Malawi and £3000 was transferred to the charity. The monthly Saturday morning ‘Sat Chat’ has proved beneficial in procuring funds and providing friendship and fun for church members and the public.

Approved by the Trustees of The Life Church and signed on their behalf:

Independent Examiner’s report

Accounts for the year ended 31[st] March 2024

Respective responsibilities of the Trustees and the examiner

The charity’s trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Examine the accounts under section 145 of the Charities Act

to follow the procedures laid down in the general directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and

to state whether particular matters have come to my attention.

Basis of the Independent Examiner’s statement

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matter has come to my attention which gives me cause to believe that in, any material respect:

Accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records

Page 2

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:

Stephen Hendy Date: 30[th] May 2024

Statement of Financial Activities

Unrestricted Designated Unrestricted Designated Restricted Endowment Restricted Endowment Total Prior year
funds funds funds funds funds total funds
Incoming resources
Incoming resources from generated funds
Voluntary income 146,892 1,736 750 149,379 93,942
Activities for generating funds 2,085 3,426 5,511 4,098
Incoming resources from charitable 825 825 175
activities
Other incoming resources 16,961 30 16,991 18,722
Total income 164,680 3,851 4,176 172,708 116,938
Resources used
Cost of generating funds 7,535 7,535 6,354
Cost of generating voluntary income 5,188 900 6,088 5,139
Fundraising trading cost of goods sold 3,220 3,220 2,781
and other costs
Charitable activities 9,929 959 10,889 7,171
Governance costs 89,455 70,335 490 160,281 146,385
Other resources used
Total expenditure 112,109 72,195 3,711 188,015 167,831
Gains / losses on investment assets
Net income / (expenditure) resources 52,571 (68,343) 465 (15,306) (50,893)
before transfer
Transfers
Gross transfers between funds - in 114 63,264 300 63,678 295
Gross transfers between funds - out (63,314) (114) (250) (63,678) (295)
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's
own use
Net movement in funds (10,629) (5,193) 515 (15,306) (50,893)
Total funds brought forward 86,407 10,757 218 97,382 148,276
Total funds carried forward 75,777 5,564 733 82,075 97,382
Represented by
Unrestricted
General fund 75,777 75,777 86,407
Pastor
Designated
Charity Cards
Little Sparkles Mother/Toddler group 273 273 188
Starfish Malawi Ministry
TLC Building fund 4,925 4,925 8,959

Page 3

Visiting Ministry 709 709 1,609
YOUTH (343) (343)
Restricted
Cafe Refurb
Gifts for persons, etc.
King's Storehouse
Lifelines Contact
MEDIA 59 59
Options Pregnancy/PostAbortion Support
Philippines
Shop deposit
Tender Loving Craft 424 424 218
Weekend Away
Women's Refuge
YOUTH 250 250

Balance sheet

Total funds
Prior year funds
Current assets
Investments
Cash at bank and in hand
Net current assets less current liabilities
Total assets less current liabilities
Total net assets less liabilities
Represented by
Unrestricted
General fund
Pastor
Designated
Charity Cards
Little Sparkles Mother/Toddler group
Visiting Ministry
Starfish Malawi Ministry
YOUTH
TLC Building fund
Restricted
King's Storehouse
Philippines
Cafe Refurb
Weekend Away
Lifelines Contact
MEDIA
Shop deposit
Tender Loving Craft
Women's Refuge
YOUTH
Options Pregnancy/PostAbortion Support
Gifts for persons, etc.
Funds of the church

15,058
82,075
82,323
82,075
97,382
82,075
97,382
82,075
97,382
82,075
97,382
75,777
86,407




273
188
709
1,609


(343)

4,925
8,959










59



424
218


250




82,075
97,382

Page 4

Statement of assets and liabilities

General Designated
Restricted Endowment
This year
Last year
Current assets - Cash at bank and in
hand
Current account -
Petty Cash -
Business Select Account -
Shawbrook Bank 12 month fixed rate
Saver -
Totals
Current assets - Investments
Hampshire Trust Bank -
Totals
Grand total
87,243
(73,483)
2,239

15,998
3,205
1,995
(398)
(1,505)

91
83
65,985



65,985
79,034
(79,446)
79,446



75,777
5,564
733

82,075
82,323





15,058





15,058
75,777
5,564
733

82,075
97,382

Fund movement by type

Opening
Incoming
Outgoing
Transfers Gains/losses
Closing
Cards - Charity Cards
Designated
Sub-total for Cards
KingStore - King's Storehouse
Restricted
Sub-total for KingStore
LifeCont - Lifelines Contact
Restricted
Sub-total for LifeCont
LitSpark - Little Sparkles Moth
Designated
Sub-total for LitSpark
Media - MEDIA
Restricted
Sub-total for Media
Ministry - Visiting Ministry
Designated
Sub-total for Ministry
Shop - Shop deposit
Restricted
Sub-total for Shop
Starfish - Starfish Malawi Mini
Designated
Sub-total for Starfish
TLCraft - Tender Loving Craft
Restricted
Sub-total for TLCraft
WRefuge - Women's Refuge
Restricted
Sub-total for WRefuge

































188
386
302


273
188
386
302


273

250
490
300

59

250
490
300

59
1,609

900


709
1,609

900


709






















218
3,426
3,220


424
218
3,426
3,220


424










Page 5

Youth - YOUTH
Designated
Restricted
Sub-total for Youth
General - General fund
Unrestricted
Sub-total for General
Build - TLC Building fund
Designated
Sub-total for Build
Pastor - Pastor
Unrestricted
Sub-total for Pastor
Options - Options Pregnancy/Po
Restricted
Sub-total for Options
Gifts - Gifts for persons, e
Restricted
Sub-total for Gifts
Philipps - Philippines
Restricted
Sub-total for Philipps
Cafe - Cafe Refurb
Restricted
Sub-total for Cafe
Wkend - Weekend Away
Restricted
Sub-total for Wkend
Grand total


608
264

(343)

500

(250)

250

500
608
14

(93)
86,407
164,680
112,109
(63,200)

75,777
86,407
164,680
112,109
(63,200)

75,777
8,959
3,465
70,385
62,886

4,925
8,959
3,465
70,385
62,886

4,925

































































97,382
172,708
188,015


82,075

Page 6

Analysis of income and expenditure

Analysis of income and expenditure Analysis of income and expenditure
Total
Unrestricted Designated
Restricted
Endowment
This year
Last year
INCOME AND ENDOWMENTS
Incoming resources from generated funds - Voluntary income
Offerings
73,711



73,711
55,790
Gift aids
58,858



58,858
24,481
Gifts





10
Little Sparkles

386


386
401
Youth Ministry


500

500

Small Donations
11,623



11,623
9,673
Technical/Media
2,699

250

2,949

Church renovation

1,350


1,350
3,586
Starfish Malawi ministry






Gifts - bequeathed






Total
146,892
1,736
750

149,379
93,942
Incoming resources from generated funds - Activities for generating funds
Venue receipts

2,085


2,085
1,652
Cards sold for charity






Tender Loving Craft


3,426

3,426
2,446
Total

2,085
3,426

5,511
4,098
Incoming resources from charitable activities
Event receipts
825



825
175
Total
825



825
175
Other incoming resources
Sundry receipts
16,961
30


16,991
18,722
Loan






Total
16,961
30


16,991
18,722
825



825
175
16,961
30


16,991
18,722





16,961
30


16,991
18,722
INCOME TOTAL 164,680
3,851
4,176

172,708
116,938
EXPENDITURE
Cost of generating funds
General Expenses
2,985



2,985
3,190
Stationery & printing
2,636



2,636
1,812
Pastor expenses
1,693



1,693
1,239
SumUp
219



219
111
Total
7,535



7,535
6,354
Cost of generating funds - Cost of generating voluntary income
Ministry and Gifts
5,188
900


6,088
5,139
Total
5,188
900


6,088
5,139
Cost of generating funds - Fundraising trading cost of goods sold and other costs
Tender Loving Craft


3,220

3,220
2,781
Total


3,220

3,220
2,781
2,985



2,985
3,190
2,636



2,636
1,812
1,693



1,693
1,239
219



219
111


3,220

3,220
2,781

Page 7

Charitable activities
Youth expenses
Church events
Sundry expense
Sparkles baby group
Childrens ministry
Hospitality
Alpha
Youth Ministry
Starfish Malawi expenses
Total
Governance costs
Salaries Church
Electricity Gas
Water Waste
Insurances Licences
Telephones Internet
Building expenses
Accommodation for Pastor
Technical
Bank charges
Total
Other resources used
Loan
Total
2,661



2,661
445
3,237



3,237
1,134
1,624



1,624
4,162

302


302
489
1,793
49


1,842
611
210



210
129






402
608


1,010
198





9,929
959


10,889
7,171
45,464



45,464
29,743
7,818



7,818
3,891
3,925



3,925
4,588
7,254



7,254
5,912
1,875



1,875
1,712

70,335


70,335
82,537
19,200



19,200
18,000
3,916

490

4,406






0
89,455
70,335
490

160,281
146,385










EXPENDITURE TOTAL 112,109
72,195
3,711

188,015
167,831
GRAND TOTAL 52,571
(68,343)
465

(15,306)
(50,893)

Page 8