## **Trustees’ annual report (including Directors’ report) for the period**
**From:** 1 September 2023
**To:** 31 August 2024
**Charity name:** Christ Church Liverpool
**Charity registration number:** 1125990
**Company number:** 06683037
## **Objectives and activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**1. The advancement of the Christian faith**
**for the benefit of the public in accordance**
**with the Statement of Faith.**
**2. The relief of financial hardship, either**
**generally or individually, of people**
**through the provision of grants, goods or**
**services.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**1. Weekly church meetings and events**
**2. Grants to individuals and institutions**|
|Statement confirming|Para 1.18|**The trustees have had regard to the**|
|whether the trustees have||**Charity Commission's guidance on public**|
|had regard to the guidance||**benefit in managing the activities of the**|
|issued by the Charity||**charity.**|
|Commission on public|||
|benefit|||
|**Additional information (optional)**|||
|You may choose to include further statements where relevant about:|||
||SORP reference||
|||**Volunteers are vital to a number of areas**|
|Contribution made by|Para 1.38|**of church life. The trustees are incredibly**
**grateful for the over 120 volunteers who**|
|volunteers||**serve with church activities including:**|
|||**- Welcoming visitors to church**|
|||**- Serving refreshments**|
|||**- Babies, childrens and youth work**|
|||**- Set up and set down of equipment**|
|||**- Musicians**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
1
## **Achievements and performance**
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Church Meetings**
Our church community is made up of people from all walks of
life.
We're ordinary people, who have been brought together
because of Jesus.
Together we listen to the Bible explained, we sing and we
pray to God. We enjoy growing in knowing who God is and
what he's done for us as revealed in the Bible, and
expressing that through welcoming, loving and serving others.
We meet on Sunday Mornings for a church service, and we
meet in smaller groups across Liverpool during the week.
In addition to weekly church meetings and events which are
open to the general public, key achievements and
encouragements from the last 12 months have been identified
as follows. The trustees would like to thank the church
members who volunteer their time, talents & homes to enable
these ministries.
**Connect Groups**
Connect groups are communities of people who meet weekly
throughout Liverpool.
Each group looks at the Bible together and supports and
prays for each other.
There are normally about 10 people on average in a group.
Being in a Connect group is an opportunity to live in
community, to learn to love and support each other, and to
learn about God together.
**Hope Café**
Hope Café is a ministry for asylum seekers & refugees in our
city which has been running since May 2022.
Apart from our basic services (the café and provision of
donated clothing & homewares), we now also have a mini
food bank, provide English & phonics lessons and IT help.
We also help visitors to the café with lots of other aspects of
their lives like finding medical services, finding and applying
for language courses and help with immigration applications.
**Childrens Ministry**
It’s great to have lots of children as part of our church family
and the children love joining in with our meetings; singing the
songs, praying together, learning from the Bible and making
new friends.|
|---|---|---|
2
Childrens groups run during Sunday services, teaching children about Jesus in a fun and age appropriate way. The trustees are incredibly grateful to all the childrens group leaders and helpers who give up their time to teach the children. **yConnect** yConnect meet-ups take place every Friday evening and are for 11-18-year-olds. A typical yConnect evening is full of fun and games, with an interactive section for thinking about faith and Christianity as they look at the bible. Friends are always welcome and once a month there's a 'main event' - a Friday night event focused on engaging and inviting friends to come along. **Student Ministry** At Christ Church Liverpool, students meet, grow & love Jesus and His Church. We love having students in our church and seeing them grow in love for God and for others. The student team plan a year full of ways students can grow in faith + grow in being involved with all of church life. **Liverpool Training Network** CCL is part of a group of churches working together to provide outstanding intern, church worker, and assistant minister posts in the Liverpool City Region alongside strong theological training. Intern placements all contain a brilliant mixture of you being invested in, you serving others, and you gaining experience in a wide variety of areas. The intern year runs from the start of September until the end of June, with the optional addition of a funded mission trip or summer placement in a church abroad. Interns usually do the NWGP Ministry Training Course, which over 1500 people have completed since it began 20 years ago, as well as bespoke on the job training. Interns who are interested in graduate-level theological study can access this through Union School of Theology’s Liverpool hub. **Exploring Christianity** An informal course that helps to explore some of the spiritual questions people have. Participants are given the opportunity to:
3
- hear what answers God provides through the Bible
- Ask any questions Meet similar people exploring faith in an informal atmosphere
- Look at the life of Jesus and see what difference this can make to our lives now.
## **Financial review**
|Review of the charity’s
financial position at the end
of the period|Para 1.21||The financial position of the charity at 31 August 2024
and comparatives for the prior period, as more fully
detailed in the accounts, can be summarised as
follows:-
**2024**
**2023**
**£**
**£**
Net Income / (Expenditure)
46,004
(5,066)
Unrestricted general funds
138,026
132,082
Designated fixed asset funds
3,059
3,811
Total unrestricted funds
228,384
203,153
Restricted revenue funds
353,595
332,822
Total funds
581,979
535,975
The trustees consider the financial performance by
the charity during the year to have been satisfactory,
the net expenditure for the year was in line with the
budget set by the trustees having given due regard to
the level of unrestricted reserves held.|
|---|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||The board of Trustees has examined the charity's
requirement for reserves in light of the main risks to
the organisation. It has established a policy whereby
the unrestricted funds not committed or invested in
tangible fixed assets held by the charity should be at
least three months of the expenditure. The reserves
are needed to meet the working capital requirements
of the charity and the Trustees are confident that at
this level they would be able to continue the current
activities of the charity in the event of a significant
drop in funding.
Budgeted current expenditure for 2024/25 is
£350,000 and therefore the target is £87,000 in
general funds. At 31 August 2024 unrestricted funds
not committed or invested in tangible fixed assets
amounted to £138,026 which is in significantly in
excess of the target as noted above. The trustees
have identified projects which would utilise a
significant portion of this excess over a 3 year period,
applying available funds in pursuit of the charity’s
objectives, balancing this against the need to be
prudent in case donations income is reduced as a|
4
|||result of macroeconomic factors in 2024/5 and
beyond.|
|---|---|---|
|Amount of reserves held|Para 1.22|**£138,026**|
|Reasons for holding zero
reserves|Para 1.22|**N/A**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|The charity is primarily funded by donations
from church members, regulars and alumni.|
|---|---|---|
## **Structure, governance and management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document:
for example,trust deed,
memorandum and articles of
association etc|Para 1.25|Memorandum & articles of association|
|How is the charity
constituted?
for example limited company,
unincorporated association,
CIO|Para 1.25|Company limited by guarantee|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|At any time there must be a minimum of 3
Trustees.
New Trustees are appointed by a ballot of church
members and their appointment is effective upon
completion of the relevant Companies House and
Charity Commission paperwork.|
5
## **Reference and administrative details**
|Charity name|**Christ Church Liverpool**|
|---|---|
|Other name the charity uses||
|Registered charity number|**1125990**|
|Charity’s principal address|**12-14 Gildart Street, Liverpool L3 8ET**|
**Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Name of person (or body)
Dates acted if not for whole
Trustee name Office (if any) entitled to appoint trustee (if
year
any)
1 T Askew Membership of the church
2 J Chevassut Membership of the church
3 M Gilmour Treasurer Membership of the church
4 C Gregory Membership of the church
5 M McCracken Membership of the church
6 J Northover Chair Membership of the church
7 J Probert Membership of the church
8 C Rowe Membership of the church
9 D Shin Membership of the church
10 D Wilkinson Membership of the church
**----- End of picture text -----**
## **Declarations**
> **Signature(s)** M.R. Gilmour **Full name(s)** Martin Gilmour Treasurer **Position** 23 June 2025 **Date**
6
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the** Charity Name **trustees/directors/** Christ Church Liverpool **members of On accounts for the year** 31 August 2024 **ended Charity no.:** 1125990 Company no.: 06683037 **Set out on pages** 9 to 29 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/08/2024. **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company 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 for this year 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** The company’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of ACCA. I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 •the accounts have not been prepared in accordance with the Charities SORP (FRS102).
**October 2018**
**I**
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.
**Signed: Date:** 25.06.2025 **Name:** Gerard Simpson **Relevant professional** ACCA **qualification(s) or body (if any): Address:** 98 Harley Street London W1G 7HZ **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
**October 2018**
**I**
Charity Name Charity No 1125990 Christ Church Liverpool Company No 06683037 Annual accounts for the period Period end Period start date 01-Sep-23 **To** date 31-Aug-24
**Section A Statement of financial activities (including summary income and expenditure account)**
|Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Raising funds
Separate material item of income
Other
Other
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Donations and legacies
Investments
Charitable activities
Other trading activities
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Net movement in funds_**
Total funds brought forward
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
300,344
24,242
-
12,921
-
-
-
-
-
5,583
7,043
-
-
-
-
-
-
-|
**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05|
|---|---|---|
|||324,586
255,888
12,921
28,036
-
-
12,626
5,298
-
-
-
-|
||318,848
31,285
-|350,133
289,222|
||-
-
-
293,617
10,512
-
-
-
-||
|||-
-
304,129
294,288
-
-|
||293,617
10,512
-|304,129
294,288|
||||
||25,231
20,773
-|46,004
5,066
-|
||-
-
-|-
-|
||25,231
20,773
-|46,004
5,066
-|
||-
-
-|-
-|
||25,231
20,773
-|46,004
5,066
-|
||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-|
|||-
-
-
-|
||25,231
20,773
-|46,004
5,066
-|
||203,153
332,822
-|535,975
541,041|
||228,384
353,595
-|581,979
535,975|
9
Charity No 1125990 Company No 06683037
Charity Name Christ Church Liverpool
## **Section B Balance sheet**
|Guidance Note
**Fixed assets**
**Intangible assets (Note 15)**
B01
**Tangible assets (Note 14)**
B02
**Heritage assets (Note 16)**
B03
**Investments (Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks (Note 18)**
B06
**Debtors (Note 19)**
B07
**Investments (Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year (Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
F01
-
3,059
-
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
F03
F04
- -
- 3,059
- -
- -|**Total last**
**year**
**£**
F05|
|---|---|---|---|---|
|||||
-
3,811
-
-|
||3,059|-|- 3,059|
3,811|
||-
101,454
-
126,920|-
146,790
-
206,805|- -
- 248,244
- -
- 333,725||
|||||
-
195,355
-
341,930|
||228,374|353,595|- 581,969|537,285|
|||||
5,121|
||3,049|-|- 3,049||
||||||
||225,325|353,595|- 578,920|532,164|
||||||
||228,384|353,595|**-**581,979|535,975|
|||||
-
-|
||-
-|-
-|- -
- -||
||||||
||228,384|353,595|- 581,979|535,975|
||-
228,384|
353,595|-
353,595
- 228,384
-|
-
332,822
203,153
|
||228,384|353,595|- 581,979|535,975|
-
_**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_
_**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_
_**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_
_**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_
|Signature of director authenticating accounts being sent to
Companies House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|Date of
approval
dd/mm/yyyy
23/06/2025
Date
dd/mm/yyyy
23/06/2025
**Print name**
M.R. Gilmour
M GILMOUR
Signature
Print Name
M.R. Gilmour
M GILMOUR|
|---|---|
10
**Section C Notes to the accounts**
## Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- the Statement of Recommended Practice: Accounting and Reporting by Charities
- • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
- • and with* the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.*
* -Tick as appropriate
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support _**The trustees monitor donations and reserves closely and have**_ the conclusion that the charity is a going _**set a budget for the next 12 months which only calls modestly**_ concern; _**on reserves. On this basis the trustees are of the view that the charity is a going concern.**_ Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 2.
Yes* * -Tick as appropriate No* _**Please disclose: (i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and (iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.**_
11
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
**----- Start of picture text -----**
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
**----- End of picture text -----**
## **1.5 Material prior year errors**
**----- Start of picture text -----**
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
**----- End of picture text -----**
12
## **Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies 2.2 INCOME**
**Recognition of income** These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; the monetary value can be measured with sufficient reliability.
|The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The charity has received government grants in the reporting period
The charity has incurred expenditure on support costs.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
it is more likely than not that the trustees will receive the resources;
the monetary value can be measured with sufficient reliability.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.|Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
Yes*
No*
N/a*
|
|---|---|
There has been no offsetting of assets and liabilities, or income and expenses, unless **Offsetting** required or permitted by the FRS 102 SORP or FRS 102.
**Grants and donations** Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in **Legacies** the estate and any conditions attached to the legacy are either within the control of the charity or have been met.
**Government grants** The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the **Tax reclaims on** donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift **donations and gifts** and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
**Contractual income and** This is only included in the SoFA once the charity has provided the related goods or **performance related** services or met the performance related conditions. **grants** Donated goods are measured at fair value (the amount for which the asset could be **Donated goods** exchanged) unless impractical to do so.
|**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
**Support costs**
**Donated services and**
**facilities**
**Investment gains and**
**losses**
**Settlement of insurance**
**claims**
**Volunteer help**|The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
The charity has incurred expenditure on support costs.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.|
|---|---|
13
## **2.3 EXPENDITURE AND LIABILITIES**
**----- Start of picture text -----**
Liabilities are recognised where it is more likely than not that there is a legal or Yes* No* N/a*
Liability recognition constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.
Governance and support Support costs have been allocated between governance costs and other support.
costs Governance costs comprise all costs involving public accountability of the charity and Yes* No* N/a*
its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs Yes* No* N/a*
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of
conditions service or output to be provided, such grants are only recognised in the SoFA once the Yes* No* N/a*
recipient of the grant has provided the specified service or output.
Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to
performance conditions realistically avoid the commitment, a liability for the full funding obligation must be Yes* No* N/a*
recognised.
Yes* No* N/a*
Redundancy cost The charity made no redundancy payments during the reporting period.
Yes* No* N/a*
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade Yes* No* N/a*
discounts
A liability is measured on recognition at its historical cost and then subsequently Yes* No* N/a*
Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial The charity accounts for basic financial instruments on initial recognition as per Yes* No* N/a*
instruments paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP.
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least £500
use by charity
Yes* No* N/a*
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
Yes* No* N/a*
Intangible fixed assets physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 15.
Yes* No* N/a*
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and Yes* No* N/a*
Heritage assets maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
Yes* No* N/a*
They are valued at cost.
Fixed asset investments in quoted shares, traded bonds and similar investments are
Investments valued at initially at cost and subsequently at fair value (their market value) at the year Yes* No* N/a*
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a Yes* No* N/a*
maturity date of less than 1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or Yes* No* N/a*
progress net realisable value.
Goods or services provided as part of a charitable activity are measured at net Yes* No* N/a*
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on Yes* No* N/a*
the contract.
Debtors (including trade debtors and loans receivable) are measured on initial
Debtors recognition at settlement amount after any trade discounts or amount advanced by the Yes* No* N/a*
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
Current asset The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on Yes* No* N/a*
investments deposit and cash equivalents with a maturity of less than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.
Yes* No* N/a*
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
14
**Section C Notes to the accounts (cont)**
## **Note 3 Income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
Analysis of income funds funds funds Total funds Prior year
£ £
Donations Donations and gifts 250,114 19,752 - 269,866 211,703
and legacies: Gift Aid 49,072 4,490 - 53,562 44,185
Legacies - - - - -
General grants provided by government/other
charities 1,158 - - 1,158 -
Membership subscriptions and sponsorships
which are in substance donations
- - - - -
Donated goods, facilities and services - - - - -
Coronavirus Job Retention Scheme grants - - - - -
Total 300,344 24,242 - 324,586 255,888
Charitable Sale of goods and services in accordance
activities: with the charity's objects 12,921 - - 12,921 28,036
- - - - -
- - - - -
Other - - - - -
Total 12,921 - - 12,921 28,036
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income 5,583 7,043 - 12,626 5,298
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 5,583 7,043 - 12,626 5,298
Separate - - - - -
material item - - - - -
of income - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 318,848 31,285 - 350,133 289,222
Other information:
All income in the prior year was unrestricted except for: (please
Restricted Income £9,932
provide description and amounts)
(See note 27.2 for detail)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Not applicable
Within the income items above the following items are material:
(please disclose the nature, amount and any prior year
amounts)
Not applicable
Where sums originally denominated in foreign currency have
been included in income, explain the basis on which those
sums have been translated into sterling (or the currency in
which the accounts are drawn up). Not applicable
**----- End of picture text -----**
15
**Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Use of property**
**Other**
**Seconded staff**|Not applicable
Not applicable
Volunteers are vital to a number of areas of church life.
The trustees are incredibly grateful for the over 120
volunteers who serve with church activities including:
- Welcoming visitors to church
- Serving refreshments
- Babies, childrens and youth work
- Set up and set down of equipment
- Musicians|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-|
|---|---|---|
|||-
-|
||||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services**
**not recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||
16
## **Section C Notes to the accounts (cont)**
## **Note 6 Expenditure**
|**Note 6 Expenditure**||
|---|---|
|**Total expenditure on charitable activities**
Printing & stationery
Grants Paid
Premises costs
Depreciation & amortisation
Other support costs
Staff costs
Ministry training
**Expenditure on**
**charitable**
**activities**
Cost of goods sold or services provided
**Analysis of expenditure**
**TOTAL EXPENDITURE**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
181,909
- - 181,909
180,496
1,650
-
1,650
1,650
16,877
16,877
30,874
20,615
9,282
29,897
26,449
52,933
1,230
54,163
35,267
857
857
1,053
2,599
2,599
2,313
16,177
16,177
16,186
-
-
- - - - -|
||293,617 10,512 - 304,129 294,288|
|||
||293,617
10,512
-
304,129
294,288|
## **Other information:**
## **Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
Grant
Activity or funding Support Total this Total
Activities undertaken directly
programme of Costs year prior year
activities
£ £ £ £ £
Church meetings
and events 274,232 274,232 267,839
Grantmaking 29,897 29,897 26,449
Other
Total 274,232 29,897 304,129 294,288
Prior year expenditure on charitable activities can Activities undertaken directly £267,839 (Church meetings and events)
be analysed as follows: Grant funding of activities £26,449 (Grantmaking)
Total £294,288
Within the expenditure items above the following
items are material: (please disclose the nature,
amount and any prior year amounts)
Not applicable
Where sums originally denominated in foreign
currency have been included in expenditure, explain
the basis on which those sums have been translated
into sterling (or the currency in which the accounts
are drawn up).
Not applicable
**----- End of picture text -----**
17
**Section C Notes to the accounts (cont)**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_
## **11.1 Staff Costs**
|**Social security costs**
**Ministry staff accommodation**
**Total staff costs**
**Pension costs (defined contribution pension plan)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Salaries and wages**|**This year**
**Last year**
**£**
**£**
152,329 150,491
3,134 2,841
15,046 15,764
11,400 11,400|
|---|---|
||181,909 180,496
|
||Not applicable|
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
|**£90,000 to £99,999**
**£100,000 to £109,999**
**Please provide the total amount paid to**
**key management personnel (includes**
**trustees and senior management) for**
**their services to the charity. For**
**specific amounts paid to trustees, see**
**Note 28.**
**£60,000 to £69,999**
**£80,000 to £89,999**
**Band**
**No employees received employee benef**
**pension costs) for the reporting period**
**£70,000 to £79,999**|
£133,130 was paid to 4 individuals identified as key management
personnel including employer pension costs
(2023: 4 Individuals, £125,942)
**Number of employees**
**its (excluding employer**
**of more than £60,000**
**TRUE**|
|---|---|
|**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**|**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**|**This year**
**Last year**
**Number**
**Number**
- -
12 13
- -
- -|
|---|---|---|
|||12 13|
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
**Please explain the nature of the payment Please state the legal authority or reason for making the payment Please state the amount of the payment (or value of any waiver of a right to an asset)**
|**Please state the accounting policy for**
**any redundancy or termination**
**payments**
**11.4 Redundancy payments**
**Total amount of payment**
**Please state the legal authority or**
**reason for making the payment**
**Please state the amount of the payment**
**(or value of any waiver of a right to an**
**asset)**
**The extent of redundancy funding at**
**the balance sheet date**
**The nature of the payment (cash, asset**
**etc.)**
**_Please complete if any redundancy or te_**|N/A
N/A
N/A
N/A
N/A
N/A
N/A
**_rmination payment is made in the period._**|
|---|---|
18
## **Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**Amount of contributions recognised in**
**the SOFA as an expense**
**Please explain the basis for allocating**
**the liability and expense of defined**
**contribution pension scheme between**
**activities and between restricted and**
**unrestricted funds.**|£15,046
All pension expense and liabilities are allocated to charitable activities
in unrestricted funds.|
|---|---|
_**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
|**Please provide such information as is**
**available about the plan's surplus or**
**deficit and the implications, if any, for**
**the reporting charity**
**Please confirm that although the**
**scheme is accounted for as a defined**
**contribution plan, it is a defined benefit**
**plan.**|N/A
N/A|
|---|---|
_**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms** N/A **and conditions of the multi-employer plan Explain how any liability arising from an agreement with a multi-employer** N/A **plan to fund a deficit has been determined.**
19
## **Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
£ £
FIEC Affiliation 3,731 - 3,731
Other grants paid 13,445 10,678 - 24,123
Financial hardship grants 2,043 - 2,043
Total 17,176 12,721 - 29,897
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
|**_No_**
Africa Inland Mission International
**TOTAL GRANTS TO INSTITUTIONS PAID**
Gospel worker support grant
**Total grants over £2,000 in reporting period**
Gospel worker support grant
ReachAcross UK
Other unanalysed grants under £2,000
**Names of institution**
Fellowship of Independent Evangelical Churches
International Fellowship of Evangelical Students
Donation to umbrella body
**_My charity has made grants to particular institutions that are material in_**
**_the context of its grantmaking. Details of the institution supported,_**
**_purpose of the grant and total paid to each institution is available on the_**
**_charity's web site._**
**Purpose**
Gospel worker support grants|**_Please provide_**
**_details of charity's_**
**_URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
3,060
5,100
3,731
2,196
**14,087**
3,089
**17,176**|
|---|---|
20
## **Section C Notes to the accounts (cont)**
**Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_
## **14.1 Cost or valuation**
||||**Freehold land**
**& buildings**
**£**|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|
**Fixtures,**
**fittings and**
**equipment**
**£**|**Total**
**£**||
|---|---|---|---|---|---|---|---|---|---|
|At the beginning of||||-|-|-|28,973|28,973||
|the year||||||||||
|Additions||||-|-|-|1,847|1,847||
|Revaluations||||-|-|-|-|-||
|Disposals||||-|-|-|- 740|- 740||
|Transfers *||||-|-|-|-|-||
|At end of the|year|||-|-|-|30,080|30,080||
|**14.2 Depreciation and**|||**impairments**|||||||
||****Basis**||||||SL||Straight
Line ("SL")
or Reducing
Balance
("RB")|
||**** Rate**||||||25%|||
|||||||||||
|At beginning|of the|||-|-|-|25,162|25,162||
|year||||||||||
|Disposals||||-|-|-|- 740|- 740||
|Depreciation||||-|-|-|2,599|2,599||
|Impairment||||-|-|-|-|-||
|Transfers*||||-|-|-|-|-||
|At end of the|year|||-|-|-|27,021|27,021||
|**14.3 Net book value**||||||||||
|Net book value at the||||-|-|-|3,811|3,811||
|beginning of the year||||||||||
|Net book value at the||||-|-|-|3,059|3,059||
|end of the year||||||||||
21
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
## **19.1 Analysis of debtors**
|||**This year**|**Last year**|
|---|---|---|---|
|||**£**|**£**|
|**Trade debtors**||-|
-|
|**Prepayments and accrued income**||7,464|8,870|
|**Taxation and social security**||-|
-|
|**Gift Aid recoverable from HMRC**||98,480|44,185|
|**Loan to North West Church Resources**||142,300|142,300|
||**Total**|248,244|195,355|
_**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)**
|||**This year**|**Last year**|
|---|---|---|---|
|||**£**|**£**|
|**Trade debtors**||-|
-|
|**Prepayments and accrued income**||-|
-|
|**Gift Aid recoverable from HMRC**||-|
-|
|**Loan to North West Church Resources**||142,300|142,300|
||**Total**|142,300|142,300|
22
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
## _**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|||**Amounts**|**falling due**|**falling due**|**Amounts falling due after**|**Amounts falling due after**|**Amounts falling due after**|**Amounts falling due after**|**Amounts falling due after**|
|---|---|---|---|---|---|---|---|---|---|
|||**within one year**|||**more than**|||**one year**||
|||**This year**||**Last year**|**This year**|||**Last year**||
|||**£**||**£**|**£**|||**£**||
|**Accruals for grants payable**||-||-||-|||-|
|**Bank loans and overdrafts**||-||-||-|||-|
|**Trade creditors**||409||2,570||-|||-|
|**Payments received on account for contracts**||||||||||
|**or performance-related grants**||-||-||-|||-|
|**Accruals and deferred income**||1,539||1,499||-|||-|
|**Taxation and social security**||1,101||1,052||-|||-|
|**Other creditors**||-||-||-|||-|
||**Total**|3,049||5,121||-|||-|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
## _**Please explain the reasons why income is deferred.**_
|**_Movement in deferred income account_**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**Balance at the start of the reporting period**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-|
|---|---|
||-
-|
23
## **Section C Notes to the accounts (cont)**
|**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Note 24 Cash at bank and in hand**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**Last year**
**£**
**£**
-
-
308,956
313,283
24,769
28,647
-
-|
|---|---|
||333,725
341,930|
24
## **Section C Notes to the accounts (cont)**
## **Note 25 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.**
No services are provided on credit terms. Cash flows are monitored on a monthly basis and sufficient cash held to manage liquidity risk.
**25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS102 SORP)) measured at** N/A **fair value through the SoFA that is attributable to changes in credit risk.**
25
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
Type
balances balances
PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
* forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
These funds are held for the meeting the objectives of the charity, and to
provide reserves for future activities, and , subject to charity legislation, are
General Fund U free from all restrictions on their use. 132,082 298,809 - 291,018 - 1,847 - 138,026
This designated fund represents the value of capitalised equipment held by
the charity. It is held seperately to unrestricted general funds due to the
Fixed Asset Fund U illiquid nature of these assets. 3,811 - 2,599 1,847 - 3,059
This designated fund repreents the value of donations set aside for church
Kirkby Fund U revitalisation in the Kirkby area of Merseyside from September '24 - 20,039 20,039
New Building Fund - This designated fund represents the portion of unrestricted funds set aside by
Designated element U the trustees to act as part of the new building fund (see below) 67,260 67,260
The new building fund consists of donations received following an appeal for
funds to put towards the purchase of a property in Liverpool city centre, the
primary purpose of which is to provide a permanent base from which to
expand the range of ministry opportunities available to the charity. The
New Building Fund - balance of the new building fund consists of donations plus recoverable Gift
Restricted element R Aid less costs specifically attributable to the building search. 184,242 26,102 - 1,230 - 209,114
The NWCR Fund consists of an interest free loan to North West Church
Resources (Reg. Charity No. 1141078) to assist with the purchase and
refurbishment of 2 Blackburne Place, the base for a number of church
NWCR Fund R ministries along with office space for staff and volunteers. 142,300 - - - 142,300
These funds represent income from donors responding to specific fundraising
campaigns followed by grants paid out. These campaigns include missionary
Mission Funds R support and Covid relief projects. 6,280 5,183 - 9,282 - 2,181
Other funds
(balancing figure) N/a N/a - - - - - -
Total Funds as per balance sheet 535,975 350,133 - 304,129 - - 581,979
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
**----- End of picture text -----**
26
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the previous reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_
## _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
Type
balances balances
PE, EE
Purpose and Restrictions brought Gains and carried
R or UR
* forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
These funds are held for the meeting the objectives of the charity, and to
provide reserves for future activities, and , subject to charity legislation, are
General Fund U free from all restrictions on their use. 149,404 276,062 - 285,695 - 7,689 - 132,082
This designated fund represents the value of capitalised equipment held by
the charity. It is held seperately to unrestricted general funds due to the
Fixed Asset Fund U illiquid nature of these assets. 5,695 - 2,313 429 - 3,811
New Building Fund - This designated fund represents the portion of unrestricted funds set aside by
Designated element U the trustees to act as part of the new building fund (see below) 60,000 7,260 67,260
The new building fund consists of donations received following an appeal for
funds to put towards the purchase of a property in Liverpool city centre, the
primary purpose of which is to provide a permanent base from which to
expand the range of ministry opportunities available to the charity. The
New Building Fund - balance of the new building fund consists of donations plus recoverable Gift
Restricted element R Aid less costs specifically attributable to the building search. 179,514 4,728 - - 184,242
The NWCR Fund consists of an interest free loan to North West Church
Resources (Reg. Charity No. 1141078) to assist with the purchase and
refurbishment of 2 Blackburne Place, the base for a number of church
NWCR Fund R ministries along with office space for staff and volunteers. 142,300 - - - 142,300
These funds represent income from donors responding to specific fundraising
campaigns followed by grants paid out. These campaigns include missionary
Mission Funds R support and Covid relief projects. 4,128 8,432 - 6,280 - 6,280
Other funds
(balancing figure) N/a N/a - - - - - -
Total Funds as per balance sheet 541,041 289,222 - 294,288 - - 535,975
Yes* No*
Fund balances carried forward include assets and liabilities denominated in a foreign currency
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27
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, legal power Amount
for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds**
|**27.4 Designated funds**|||
|---|---|---|
|**Planned use**|**Purpose of the designation**|**Amount**|
|Equipment|This designated fund represents the value of capitalised equipment held by the charity.||
||It is held seperately to unrestricted general funds due to the illiquid nature of these
assets.|£3,059|
|New Building Fund|These funds have been set aside by the trustees to add to the restricted funds available||
||for use towards a new building in Liverpool City Centre.|£67,260|
||||
||||
28
**Section C Notes to the accounts (cont)**
## **Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**FALSE**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
|Governing document
Governing document
M McCracken
J Probert
**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Last year**
**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Accommodation**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
**£**
25,193 5,747
11,400 42,340 39,841
20,146 1,410
- 21,556 20,335
**Amounts paid or benefit value**
**This year**|
|---|---|
The remuneration above was paid to trustees employed by the church as pastors in connection with the charity's objects. The other trustees are satisfied that it is in the interests of the church to employ such trustees. In reaching this decision the Trustees have balanced the advantages of employing a trustee against the disadvantages of doing so (especially the loss of the Trustee's services as a result of dealing with the Trustee's conflict of interest.)
_**Please give details of why remuneration or other employment benefits were paid.**_
_**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_
N/A _**If a third party has been reimbursed for providing one or more trustees, state the nature of the payment and amount of the reimbursement.**_ N/A _**State the number of trustees to whom retirement benefits are accruing under a defined contribution pension scheme.**_ 2
## **28.2 Trustees' expenses**
_**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_
|**Other (please specify):**
**TOTAL**
**No trustee expenses have been incurred (True or False)**
**Type of expenses reimbursed**
**Travel**
**Subsistence**
**Accommodation**|**£**
**This year**|**£**
**Last year**
**_TRUE_**|
|---|---|---|
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
|**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**
**Amount**
**Balance at**
**period end**
**£**
**£**
**_For any related party, please provide details of any_**
**_guarantees given or received._**
N/A
**£**
**Provision for ba**
**period e**
**_In relation to the transactions above, please provide the_**
**_terms and conditions, including any security and the_**
**_nature of any payment (consideration) to be provided in_**
**_settlement._**
N/A
**There have been no related party transactions in the reporting period (True or False)**|**Amounts**
**written off**
**during**
**reporting**
**period**
**£**
**d debts at**
**nd**
**_TRUE_**|
|---|---|
29