Liberty Church UK
Report and Accounts Year ended 31 December 2022
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
Liberty Church UK LEGAL & ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022
ADDRESS FOR CORRESPONDENCE 27 MEDINA ROAD DITTON, AYLESFORD ME20 6DN GOVERNING DOCUMENT Constitution dated 19th September 2008 CHARITY REGISTRATION NUMBER 1129945 TRUSTEES RESPONSIBLE FOR DJ McPhail MANAGING THE CHARITY Shaun Cardwell (Appointed 26th May 2022) Grant Small Stuart Keir Craig Kohler BANKERS CAF Bank Ltd INDEPENDENT EXAMINER Archie McDowall Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
INDEX
Page 1 Legal & Administrative Details Pages 2-4 Trustees' Report Page 5 Independent Examiner's Report Page 6 Receipts and Payments Account Page 7 Statement of Assets & Liabilities Pages 8 Notes to the Accounts
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Liberty Church UK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees have pleasure in submitting the Report and Accounts for the year ended 31 December 2022.
Objects of the charity
The charity, which is a church, is governed by a trust deed and is constituted as a trust. The charity's principal objects, as set out in its governing document, are:
a) To advance the Christian faith in accordance with the statement in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit. b) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time think fit; and
c) to advance education in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
Aim and purpose
To reach unchurched people from a position of strength in Christ, transforming them into Christ-centred believers. We want to be a Church that Loves God, Loves People and Loves Life.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
This year has seen Liberty Church complete the renovation of the ground floor of 98 Sandling Road in Maidstone and move our church experiences to the ground floor. The church has seen new individuals, couples and families join the Sunday morning experience and financially the church is meeting all of its payments.
The church continues to reach and serve the families in the community and surrounding villages, teaching them about the Christian faith. This has been achieved by hosting regular events and meetings promoting the Christian faith in a fun, inclusive and educational way.
Activities include both online and in-person: Sunday Experiences including children's programmes, Monthly Prayer meetings, Weekly Youth and Life Enrichment courses.
In 2021 Liberty Church became a member church of the Assemblies of God Great Britain. We are blessed at present with 5 full status AOG ministers within our church and trustees (DJ & Karen Mcphail, Grant Small, Stuart Keir and Jonathan Jankowski) Our Lead Pastors, Stacey and Craig Kohler, are still on the AOG Ministers in Training programme which is a 3-year course until May 2024 when they will graduate.
Revolutions Youth has had weekly in-person youth meetings on a Friday evening. Revolutions Youth is for secondary aged young people and provides a fun, relevant, secure and safe environment for young people to engage with each other and God. The Youth is open to all young people regardless of their religion or experience. The Youth is led by our youth Pastors Chris and Larisha Reddy and their team continues to grow in capacity and leadership.
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As a church and leadership, we are still committed to seeing churches planted in the UK and Europe and are looking for opportunities in this regard.
We would like to thank our volunteers and all our donors for a great year. We are happy to report that the church is financially, emotionally and spiritually healthy and ready to take on the challenges of a new year and see many lives changed through the life-giving message of Jesus Christ.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
During the year total receipts increased to £132,336 (2021: £118,301), an increase of £14,036, and total payments increased to £129,563 (2021: £99,410), an increase of £30,153. As a result the cash held by the charity increased by £2,773, to £66,831, of which £63,365 is unrestricted and can be used for any charitable purpose.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to about 3 months of unrestricted expenditure) so that the charity could continue to operate should income and/or expenditure vary adversely. At the year-end, the charity held unrestricted cash of £63,365 and the charity is complying with its reserves policy.
Governance
Responsibility for setting policy and for making operating decisions rests with the trustees who meet regularly to monitor the activities of the charity. New trustees are recruited and appointed by the existing trustees after a majority vote.
The trustees met four times during the year to discuss church policy, direction and strategic management.
Contact details for Liberty Church are Name: Liberty Church Maidstone Address: 98 Sandling Road, Maidstone. ME14 1AA Email: info@libertychurchuk.org Phone number: 01622 910060 Website: www.libertychurchuk.org
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
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Craig Kohler
Craig Kohler
Date: 27 October 2023
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
Liberty Church UK
I report to the trustees on my examination of the accounts of Liberty Church UK ('the charity') for the year ended 31 December 2022 on pages 6 to 8 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
the accounts do not accord with the accounting records.
I have no concerns and 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.
Archie McDowall
Archie McDowall Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 27 October 2023
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Liberty Church UK
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted | Unrestricted | Funds | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | ||||||||||
| Funds | Funds | Funds | 2022 | 2021 | ||||||||
| Notes | £ | £ | £ | £ | £ | |||||||
| Income receipts | ||||||||||||
| Donations and grants | 105,739 | - | 1,623 | 107,362 | 96,681 | |||||||
| Gift aid receipts | 24,901 | - | - | 24,901 | 21,619 | |||||||
| Income from charitable activities | - | - | ||||||||||
| Interest income | 73 | - | - | 73 | ||||||||
| Total receipts | 130,713 | - | 1,623 | 132,336 | 118,300 | |||||||
| Payments | ||||||||||||
| Payments in relation to activities undertaken directly |
charitable | 2 | 104,421 | 8,969 | 1,788 | 115,178 | 86,477 | |||||
| Grants paid in relation to activities undertaken by others |
charitable | 3 | 6,191 | 6,572 | 1,623 | 14,385 | 12,933 | |||||
| 110,612 | 15,541 | 3,411 | 129,563 | 99,410 | ||||||||
| Purchase of fixed assets | - | - | - | - | - | |||||||
| Total payments | 110,612 | 15,541 | 3,411 | 129,563 | 99,410 | |||||||
| Net of receipts / (payments) before | 20,101 | - | 15,541 | - | 1,788 | 2,773 | 18,890 | |||||
| Transfers between funds | 5 | - | 46,572 | 46,572 | - | - | - | |||||
| Net movement in funds | - | 26,471 | 31,031 | - | 1,788 | 2,773 | 18,890 | |||||
| Cash funds as at last year end | 58,804 | - | 5,254 | 64,058 | 45,167 | |||||||
| Cash funds at this year end | A | 32,334 | 31,031 | 3,466 | 66,831 | 64,058 |
The notes on page 8 form part of these accounts.
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Liberty Church UK
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
| Notes A Cash funds Cash at bank with immediate access B Other monetary assets Gift aid due to charity Stripe account (accrued income) Prepaid rent C Liabilities Falling due within one year Fee for Independent Examination Pension liability Accrued expenses Total |
General Designated funds funds £ £ 32,334 31,031 32,334 31,031 1,917 - 237 - 6,000 - 8,154 - 600 - 485 - - - 1,085 - Unrestricted Funds |
Restricted funds £ 3,466 3,466 - - - - - - - - |
2022 £ 66,831 66,831 1,917 237 6,000 8,154 600 485 - 1,085 |
2021 £ |
|---|---|---|---|---|
| 64,058 | ||||
| 64,058 | ||||
| 791 - 6,000 |
||||
| 6,791 | ||||
| 600 - - 600 |
D Assets retained for charity's own use
| Equipment Current values have been estimated by the trustees. |
Current value £ |
|---|---|
| 4,500 | |
| 4,500 | |
The accounts were approved by the trustees and signed on their behalf by:
Craig Kohler
Craig Kohler
Date: 27 October 2023
The notes on page 8 form part of these accounts.
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Liberty Church UK
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs (see note 4) Rent Equipment and maintenance Renovation costs Pastoral costs Youth work Conferences / training / travel expenses Sunday meeting and other ministries Church planting mission work Accountancy & independent examination Licenses Office costs (inc insurance) Telephone / Mobile Other costs 3 Grants paid in relation to charitable activities undertaken by others Grants for: Church planting Liberty Global Assemblies of God Compassion Other small grants to organisations <£1,000 Grants to individuals |
Unrestricted Fun General funds £ 38,940 24,000 6,612 - 1,110 2,557 8,481 13,398 1,987 1,100 891 3,122 2,142 81 104,421 - - 2,400 1,141 1,050 1,600 6,191 |
ds Designated funds £ - - - 8,969 - - - - - - - - - - 8,969 - 6,572 - - - - 6,572 |
Restricted Funds £ - - 885 - - - - 903 - - - - - - 1,788 - - - - - 1,623 1,623 |
Total 2022 £ 38,940 24,000 7,498 8,969 1,110 2,557 8,481 14,301 1,987 1,100 891 3,122 2,142 81 115,178 - 6,572 2,400 1,141 1,050 3,223 14,385 |
Total 2021 £ |
|---|---|---|---|---|---|
| 33,893 18,000 5,208 - 647 2,636 3,533 11,886 - 1,403 538 6,028 2,489 217 |
|||||
| 86,478 | |||||
| 7,023 - - - 1,693 4,217 |
|||||
| 12,933 |
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