**REGISTERED CHARITY NUMBER: 1123341**
**Report of the Trustees and**
**Unaudited Financial Statements For The Year Ended 5th April 2023 for Transformation Life Centre**
**AB Accounting Services and Taxation Services Limited 17 Gleneagles Drive, Great Barr Birmingham, B43 7RX**
**Transformation Life Centre**
## **Contents of the Financial Statements for the Year Ended 5 April 2023**
||Page|
|---|---|
|Report of the Trustees|1 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 & 9|
|Detailed Statement of Financial Activities|10|
**Transformation Life Centre Report of the Trustees for the Year Ended 5 April 2023**
The trustees present their report with the financial statements of the charity for the year ended 5 April 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1123341
## **Principal address**
Gospel Hall 1 New Street Erdington Birmingham B23 6SD
**Trustees** Julita Boniecka Chair Karolina Niejadlik-Gwaze Treasurer Moses Fagbemiro Secretary
## **COMMENCEMENT OF ACTIVITIES**
The charity commenced activity in April 2008.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
## **Governance and structure**
Transformation Life Centre is predominantly a church which is run by a full time salaried Pastor together with voluntary helpers from within the church community. Activity within the church community is carried out departmentally. The departments are categorised according to the group of people who benefit from the services offered
## **Recruitment and training of trustees and their responsibilities**
The trustees are responsible for the day to day administration and compliance matters. Every year at the annual general meeting, trustees automatically step down, but may be reappointed in accordance with the adopted constitution. During 2022 2023 there were no Trustees appointments and no Trustee resignations. Training is ongoing, with a greater emphasis to explore and put in place further training for all the Trustees to ensure compliance and confidence
Business within TLC is carried out departmentally. The departments are categorised according to the group of people who benefit from the services offered. Over the last year Transformation Life Centre (TLC) has seen an increase in growth and activity within each department. All volunteers are DBS checked.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The church currently undertakes regular risks assessments. All persons having contact with children in a leadership capacity are DBS checked. There are regular fire safety examinations internally every year and there will be external independent examination every three years. Any decision of a financial nature are sanctioned by at least two trustees. Any accounting and expenditure is carried out transparently and any member is at liberty to view details of any transactions.
Page 1
**Transformation Life Centre Report of the Trustees for the Year Ended 5 April 2023**
## **OBJECTIVES AND ACTIVITIES**
## **Statement of Objectives and Public Benefit**
To advance the Christian religion in the Midlands for the benefit of the public through the holding of prayer meetings, lectures and public celebrations of religious festivals.
## **Wider network**
The Transformation Life Centre is a stand alone church which is not currently affiliated to any larger denomination.
## **Related parties**
There are no related parties
## **Report from the Trustees Transformation Life Centre 2022 - 2023**
During the year 2022 - 2023, our Trustees have continued to run Transformation Life Centre smoothly, in line with ministy policies which have been established in previous years. Pastor Michael Ekwulugo is the senior pastor and leads TLC in fulfilling its call to seve God and the local community. It has been an unusual and challenging year, as we sought and took advantage of opportunities to support not only the congregation but also anyone in the community.
All people having contact with children in a leadership capacity are DBS checked. Any decisions of a financial nature are sanctioned by at least two trustees/core leaders. Any accounting and expenditure is carried out transparently and any member is at liberty to view details of any transactions.
The financial report for the year 2022 - 2023 was presented and signed off during the Annual General meeting on the 18th March 2024
## **Community Outreach**
Outreach is a unique vehicle to support people in the community and being able to show the Christian faith in action. It is proven that once introduced, the community is aware of that support which is available unconditionally.
Throughout 2023 we held Bible Study zoom meetings on Thursday evenings, every fortnight. This is open to the congregation as well as a wider community. Leading up to baptisms, the Study alternates with Thursday night teachings, preparing candidates to their baptism. This is held by the Pastor or senior ministers of TLC.
Cherished Women – TLC’s Women’s Department –also delivered quarterly Saturday conferences and workshops, open to any women in faith or seeking. We have had many visitors attend the Cherished conferences, some of these were relatives of the existing TLC members, as well as women from the local community.
## **Jesus Cares Food Distribution project**
We are now in our 10th year of running the Jesus Cares project. We are no longer affiliated to Esther Community Enterprise, as Waitrose have requested and arranged for us to collect food from them directly. We still have a number of regular individuals who collect on given days each week.
We share food with our members and visitors on Sundays. We deliver food to older people who are struggling to cope on their pension, especially during the winter months. We also support a number of food banks around the city. We deliver to older people through church groups and also to people in need of food through for example Missionaries of Charity who are as far afield as Kingstanding.
We sometimes deliver food to ‘BrushstrokesProject’ in St. Philip's Parish Centre in Smethwick. We also provide food for asylum seekers through other churches. Not only do we deliver cans and packets of food, we also deliver fresh food, toiletries and other items when available.
Page 2
**Transformation Life Centre Trustee's Report Continued**
## **Women's Department**
Since the beginning of 2022 Cherished Women’s has been organised as a department into 3 main areas to focus on our whole self as well as giving other women in the department the opportunity to be creative and lead:
1. Spiritual
2. Social
3. Health and Wellbeing
Different women were put over each area and each division held a Cherished meeting once a quarter. The variety was very successful and encouraging.
Many women contributed to the monthly newsletter called The Journey. It circulated until the end of 2022, and included testimonies, announcements, words of encouragement and notices.
Monthly Cherishes meetings also were held until end of 2022, were various women delivered workshops, testimonies, teachings, groups activities. This was attended by community members as we as the congregation members.
2023 saw a change and from February the monthly meetings were replaced with quarterly Saturday conferences. The women loved the new format and frequency as it allowed more people to attend. This is a paid event between £5-£7 however this is used for the provision of lunch, snacks, drinks and other refreshments. Held at Gospel Hall, usually between 10am – 2pm.
## **Men's Department**
Men continue to meet once a month. Our men’s meetings are open to any men in the community regardless of age, religion, race etc. The men socialise by playing games, listening to music, sharing food and fellowshipping. The men spend time having meaningful conversations and discuss any problems they may have, sharing advice on how to overcome and deal with their problems. If needed men are signposted to other organisations that can help with any specialized problems that they are unable to deal with. The meeting not only strengthens the bond between the men but also provides mentoring for the younger men who attend and a place where the men in our community can come together.
## **Children's Department**
Children’s Sunday school has been suspended post-COVID as well as the period in which we were renovating the back room of Gospel Hall. However, other activities and events have also created space for children to take part. Parents are continuing to bring children to Sunday services and other activities.
## **Worship and Music**
We believe that as a follower of Christ regular worship is essential to live in the presence of God and to grow in a deeper relationship with Him. It is in the presence of God that miracles and breakthroughs happen. Through praise and worship, the TLC worship team desires to encourage believers to fill their every moment inside and outside of church with worship to God.
Music equipment and sound system has been upgraded which allowed to compact the number of items used in service and free up space around the altar. Youth members continue supporting the media department in displaying notices, announcements, etc as well as playing instruments.
Page 3
**Transformation Life Centre Trustee's Report Continued**
## **More plans for the future**
Refurbishments to the rest of the building i.e. hall back room, continued and was finalized in 2023 to better accommodate and expand group activities for the community of Erdington.
For any new activities that we are bringing on board, we will be offering training for volunteers and ensuring that we have the relevant policies, procedures and certificates in place which are understood by all prior to setting up
## **Acknowledgements**
We would like to thank all our volunteers who work so hard to make our church the lively, vibrant and relevant community that it is. Also, the Church’s financial support is almost entirely down to the generous and sacrificial giving of its members, for which we praise God.
We would especially like to mention our Pastors and their family - Michael and Katrina Ekwulugo who have worked tirelessly through all situations to bring vision to life and to lead us in showing how relevant Jesus is in today’s world. We end with thanking God for everything He has blessed us with.
ON BEHALF OF THE BOARD OF TRUSTEES:
Julita Boniecka
18th March 2024
Page 4
## **Transformation Life Centre**
## **Independent Examiner’s Report to the Trustees of**
## **Transformation Life Centre**
I report on the accounts of the charity for the year ended 5 April 2023, which are set out on pages 6 to 9
## **Respective Responsibilities of the Trustees and Examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 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 Independent Examiner’s Statement**
My examination was carried out in accordance with 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 those records. It also includes 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, 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 matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Angela Weise-Bent
AB Accounting and Taxation Services 17 Gleneagles Drive Great Barr Birmingham B43 7RX
1st March 2024
5
## **Transformation Life Centre Statement of Financial Activities for the Year Ended 5 April 2023**
|Notes
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
Investment income
2
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
Governance costs
Other resources expended
**Total resources expended**
**NET INCOMING RESOURCES**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**Re-allocate Funds**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Funds
79,782
140
79,922
78,548
885
79,433
489
211,176
0
211,665|Restricted
Funds
0
0
0
0
0
0
0
0
0
0|2023 Total
Funds
79,782
140
79,922
78,548
885
0
79,433
489
211,176
0
211,665|2022 Total
Funds
83,005
4|
|---|---|---|---|---|
|||||83,009|
|||||69,587
659
0|
|||||70,246|
|||||12,763
198,413
0|
|||||211,176|
These notes form part of these financial statements
Page 6
**Transformation Life Centre**
## **Balance Sheet At 5 April 2023**
|Notes
**FIXED ASSETS**
Tangible assets
5
**CURRENT ASSETS**
Cash at bank and in hand
Other Debtors
6
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
Funds
128,626
84,208
454
84,662
-1,623
83,039
211,665
211,665|Restricted
Funds
0
0
0
0
0
0
0
0|2023 Total
Funds
128,626
84,208
454
84,662
-1,623
83,039
211,665
211,665
211,665
0
211,665|2022 Total
Funds
121,701
92,012
0|
|---|---|---|---|---|
|||||92,012
-2,537|
|||||89,475|
|||||211,176|
|||||211,176|
|||||211,176
0|
|||||211,176|
The financial statements were approved by the Board of Trustees on the 18th March 2024 were signed on its behalf by:
Julita Bonieka
The notes form part of these financial statements
Page 7
**Transformation Life Centre Notes to the Financial Statements for the Year Ended 5 April 2023**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
The trustees do not wish to provide for depreciation of tangible fixed assets at this time. This policy will be subject to reviewed on an annual basis.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. INVESTMENT INCOME**
|**2. INVESTMENT INCOME**|||||
|---|---|---|---|---|
||2023||2022||
||£||£||
|Deposit account interest||140||4|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 5 April 2023 nor for the year ended 5 April 2022.
## **Trustees' Expenses**
There were no trustees' expenses paid for the year ended 5 April 2023 nor for the year ended 5 April 2022.
## **4. STAFF COSTS**
|Wages and salaries
Social security costs
Pension costs|2023
2022
£
£
53,057
52,294
57
776
4,240
4,184
57,354
57,254|
|---|---|
Page 8
## **Transformation Life Centre**
**Notes to the Financial Statements - continued for the Year Ended 5 April 2023**
|**5. TANGIBLE FIXED ASSETS**
Freehold
Property
£
**COST**
At 6 April 2022
101,254
Additions
6,450
At 5 April 2023
107,704
**NET BOOK VALUE**
At 5 April 2023
107,704
At 5 April 2022
101,254
**6. OTHER DEBTORS**
Prepayments
**7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Taxation and social security
Other creditors
**8. MOVEMENT IN FUNDS**
**Unrestricted funds**
At
05/04/2022
General fund
211,176
**Restricted funds**
0
**TOTAL FUNDS**
211,176
Net movement in funds, included in the above are as follows:
Incoming
Resources
**Unrestricted funds**
General fund
79,922
**Restricted funds**
**TOTAL FUNDS**
79,922|Plant and
machinery
£
20,447
475
20,922
20,447
20,447
2023
£
454
2023
£
800
823
1,623
Net
movements
in funds
489
0
489
Resources
Expended
-79,433
-79,433|Totals
£
121,701
6,925|
|---|---|---|
|||128,626|
|||128,626|
|||121,701|
|||2022
£
0|
|||2022
£
1,209
1,328|
|||2,537|
|||At
05/04/2023
211,665
0|
|||211,665|
|||Movement in
Funds
489|
|||489|
Page 9
## **Transformation Life Centre Detailed Statement of Financial Activities for the Year Ended 5 April 2023**
|**INCOMING RESOURCES**
**Voluntary income**
Donations
Grants received
Other income
**Investment income**
Deposit account interest
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating voluntary income**
Wages
Pension costs
Cleaning and Hygiene supplies
Rent, rates and water
Insurance
Light and heat
Telephone
Stationery and Printing
Bank Charges
Postage
Books & periodicals
Children's work
Conferences/Training
Events
Courses and Workshops
Equipment expensed
Repairs
Computing & IT
Subscriptions
Travel & subsistence
Worship Team
Womens Department
Volunteer Expenses
Catering & refreshments
Retreat Costs
Sundry expenses
Other Professional Charges
Outreach Expenses
Donations & gifts
**Governance costs**
Accountancy
Legal fees
**Total resources expended**
**Net income / expenses**|2023
£
66,471
0
13,311
79,782
140
79,922
53,115
4,240
98
408
636
1,151
1,208
213
62
3
115
0
696
0
0
302
8,063
770
1,413
2,500
23
163
0
626
0
1,324
170
399
851
78,548
885
885
79,433
489|2022
£
57,044
13,062
12,899
83,005
4
83,009
53,070
4,184
104
133
1,028
1,889
749
31
16
70
388
0
319
0
0
1,012
270
980
885
786
252
63
61
234
2,181
88
0
213
581
69,587
659
659
70,246
12,763|Increase /
Decrease
9,427
0
412|
|---|---|---|---|
||||9,839
136|
||||-3,087
45
56
-7
274
-392
-737
459
181
46
-67
-274
0
377
0
0
-710
7,793
-210
528
1,714
-229
100
-61
392
-2,181
1,236
170
186
270|
||||8,961
226|
||||226|
||||9,187
-12,274|
This page does not form part of the statutory financial statements
Page 10