MCF Life Church Annual Report and Unaudited Financial Statements for the flnancial year ended 28 February 2025 James Rose FMAAT Eagl• House 14 Queens Road Coventry CV1 3EG UFElted Klnydom Charity Number.. 1130202
MCF Life Church CONTENTS Pago Trustees, and Other Infofmation Trusleos. Annual Report Slalèment of Trust88s' Responslbllllles Indèpendonl Examlnerfs Report Slalemenl of Flnancial Actlvltle8 Balance Shegl Accounllng Pollcles Notes to the Fln8nGlal Statements 10-11 Supplementary Informallon re18tlng lo the Flnanclal Slalamen18 13-15
MCF Life Church TRUSTEES. AND OTHER INFORMATION Tru8t••9 Mr Kevln Christopher John Hunt Mrs Amanda Conner Mr Wesley Longden Mr John Plumb Charlty Numbor In England And W•l•s 1130202 R•gl•t•r•d Offl¢• Vlciory Hall. 78, Chester Road Birrningham Unltgd Klngdom PrJnclp•l Addr••• ctory Hall, 76, Chestsr Road Blrmlnghom Uni18d Kingdom Indep•ndent Ex•mln•r James Rose FMAAT Th8 Halo Conlrn Progres$ W•y Coventry CV3 2NT United Klngdom
MCF Life Church TRUSTEES, ANNUAL REPORT lor the financial year ènd8d 28 February 2025 Th6 trustees present their Tru3tees' Annual Report, combining the Directors, Rèport and Trustses, Report. and the un8uditad finanaal statements for the finanrial year èndecl 28 February 2025 MCF Life Church has had a 9ood year having s&Mces both in Casue Bromwich and Coleshill. This year has also seen naw people wming alon9 to the s8rvice8. Our Monday morning bible study Gonts'nues to be well attended 8$ do th& Tuesday evening 3tudy group$ via z¢om. The Wednesd8y enIng prayer meeting is also rggularfy well attende(J. The school assemblie5 in both Coleshill and Meriden ¢ontinutr ta ba vèry wall received and are p¢)pulBr both wth tho childran and the teaching staff. Th•re has also been an addity'on to the t99rn thi5 year. Ona ol thè big nts Is at Chri8trnas whora wg do 'Joumey to th8 Stable. which is thg Christm3$ Story told on a local farm with $hophèrds, Kings, and 8 grumpy innkeèpèr is still a joy to do and includes people from different fellowship8 coming togethgr to all tskg Port. About 200 children attending ovtsr the fv40 days from many ol the Schools in the $urroundlng argas. The policA8 chaplainGy 18 going well with ono of tho chaplains r8tiring thya year due to ill health, We have several projocts for now WQFk both in C8$tlg Bromwi¢h and Col•$hill which w• ar• in tha procss ol pr8p8ring for, and are hopelvlly looking to rnovo fOard with these during MarchlApril 2025, Wt alsts makin9 enquirie8 re98rdiro the revamp of our wèbsrte. Fln¥n¢141 Rgvl•w The results lor th6 flnon¢i81 yèar are 88t out on page 7 and addltyonal not•$ a providecl showing income and expenditura In gr•atsr dot4il. Rg•ult• and Dlvld•nd• Al the 8n¢t ol the financial yaar th• ¢h•rty hag a88Ots 01 £11,46712024- £8,781) and liabilities of £80012024- £0.00), Th8 ngt 8$80ts ol the charlty have increased by £2,086. Truatg9• The tru8t••s who $¥Ned throughout the financial y8ar. •x¢•pt 88 noted, wero 08 follo.. Mr Kovln Christopher John Hunt Mrs Am8noJa Conner Mr Wè¥ley Longd8n Mr John Plurnb CompllanG• wlth S¢¢tor.Wldo L•g181atlon and Stand•rd8 The charity gngageB pr0-a1Ve1Y with legiylation. standards 8nd ¢ode5 whlch Bra d¥v&loped for the soctor. MCF Life Church 8ubscrib8s lo And is cornpliant with thg following". Tho Compariies A¢t 2008 Approv•d by th• Board ol Tru•tsg• on 6 Mrch 2026 and •1gn•d on Its b•hiM by.. Mr Kevln Chrl•toph?r John Hunt Tru8tg•
MCF Life Church STATEMENT OF TRUSTEES. RESPONSIBILITIES lor the fin8n¢ial yèar anded 28 February 2025 The trustees. who ar8 also dirèetors of MCF Life Church for thè purposes ol company law. arg rgsponsibla for preparing the financial st3terngnts in accordancè with applicable1aw and r8gul8tions. Comp3ny18w raquir&s the trust•6s as th& dilOrS to prepar# fin8n¢ial statements for each fin8n¢ial ar. Und&r that law the trustees h8ve el8cted to prepare the finanoal statements in accord8nce with United lfjngdom Generally Accepted Accounting Practice Iunited Kingdom Accountsng Standards and applic8ble lawl Thé Financial Reporting Standard applicable in the UK and Republic ol Ire18nd" Undèr company law the trustses must not approve th8 financial st8taments unlèss they are satisfiad that they oive a true and fair viw ol th8 Stat& ol affair5 of the charity and of the nel incomè or èxpènditurè ol th¥ ¢harity lor that period. In pr•p8ring these financial statom•nts, th• trustees are required to.. $elect 8uitsbla accountino policiès 8nd apply thèm consistantly., make judoements and estimates that are reasonable and pwdenl". $tata whath8r tha finana81 statemènts h8va bean prepared in aordance with tho ro1ov8nt financial reporting framow¢rk. idantify tho$e standards. and nola tho effect and the reasons lor any rnaterial departura from thosa $tsndards". and prepare the financial statsrnents on th8 going concern basis unle58 11 13 inappr¢priat¥ to presume that the charity will continue in operation. The tru8tee6 confirm that they ha MplI• with the above raqulrament8 in preparin9 the flnancial statements. The Irusteos ar8 rosponsibl8 for kèoping adtrqu81o a¢eountin9 re¢ord$ that ao suffi¢i8nt to show 8n(J axplaln th8 charity's Iransactlons and ¢Jiselosg With reason8bl• a¢curacy al any lime the financial positltsn ol tha charlty and enable them to onsura thot the fin8ncia1 statements comply with the Companies Act 2008. They are also r8sponsibk8 for salsguardirtg tho 8¥sets ol the charity and h•n¢• for toklng w$on•bl• stsp$ lor th8 prgvanfjon and d•t•ctlon ol fraud ond ¢ther irregularities. Approv•d by th• 804rd of Tru•t••• on S M•f¢h 2028 ind •lgn•d on It• boh4lf by.. Mr K•vln Chrl•toph•rJohn Hunt Tru8ts9
MCF Life Church INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF MCF LIFE CHURCH We have examined the financial statemonts ol the charity for the fin8ncial ya8r ended 28 Fèbruary 2025. which cornprise the statement of Financial Aetivib•s (incorporating an Ineomg and Expènditurs Aecountl, the Balance Sheet. the AcLounting Policies and thè related rFot&s. R88PgCtIvg rg8p0n8lblll•s of tru8t••• and •xamln•r The charity's trustees (who are also the diwlors of tho company for the purpoBes of company lawl are reBpDnsible for the preparation ol the financial ststements in accorojance with the requirements ol the Cornpanies Act 2006. The charity's tru5taès con8ider Ih8t an audit is not required lor this financAal yar und8r Chaptèr 3 01 Part 16 of the Companie$ Ad 2006 and that an independant èX8mination is wuirod. It 1$ our responslbility to.. exarnine the financial stalemants under 8ection 145 01 the Act., follow the proceduros Isid down by the general Directions given by tha Charity Commls8lon und¢r g&¢ty'on 145151 of the Charities Act 2011, and stale whether particular mattèrs have come to our attents'on. 8a•l of Ind•p•nd•nt •xmln•r'8 r•port Our 6xamin8tion was carried out in 8¢cordance wilh the general Directions givèn by th& Charity Comrni83ion. An 8X8mination includes a revi gf the accounting records kèpt by th charty 8nd 8 comparison ol the financial ststèmonts presented with those records. It also Includas consideration of any unusual items or dSsclosur¥$ in the fin8nci81 61atsmentS gnd $eeking explgnations from the truste89 concerning any sueh mattèrs. Th¢ procedures undertaken do not provide 811 the evid8ncÈ that would be required in an audit and ¢onsequenlly no opinion is given a$ to whether th• 8e¢ounts present a 'true and lair, vW and th8 r•p(>rt is lirniled to those m8tt•ryd 9•1 out in the statement below. Ind•p•nd•nt ox¥mIne8 8tst•m•nt In connèction with our •xamination. no matter has corne lo our attents'on which giv89 us c8USg 1¢ téllovè that in, any m8t•ri81 respect.. accounting record$ were not kapt in accordancA with $¢dion 388 orth• cOmni&S Act 2008 tha fin8nci81 st8tgm&nls do not 8c¢ord with thos& a¢¢ounlinG record8 the finand81 gtal?ments do not Comply with tht accounting r•quirernenls ol the Chgriti¥$ A¢1 there15 further information nee(18d br a proper un¢Jorstanding ol th8 accounts to be reached. We hav• no ncernS and have come across no othar matters in connocti¢n with the ex8mlnallon to which attenb'on should b& drawn in thi8 r•port in ord*r lo enablo o pr¢per understanding ol th8 financigl $18ttrmenls to bo raa¢hed. JAMES ROSE FMAAT The Halo Centr Progress Way Covenlry CV3 2NT Unad Kingdom Datè: S March 2028
MCF Llfe Church STATEMENT OF FINANCIAL ACTIVITIES IlnGoipor•tin8 an Incom• and Expondilure Account) for the financlal year ended 28 February 2025 Unr••trlct•d Reslrlcted Fund* Funds 2025 2025 Totsl Unrestfleted Restricted Funds Funds Funds 2025 2024 2024 Total Funds 2024 Not•• Incornlno R•sourc Voluntsry Incom8 other Inrne 39,531 99 39,531 34,993 5,086 40,079 Totsl Incomlng re•ourc 39,830 39.630 34.993 5,086 40,079 Roasourc•s Exp•ndgd Charitable aetlvllles 37,253 291 37,$44 39,219 4,795 44,014 N•t In¢omlngloutgolng r••ourcM b•for• ¢ran•hr 2.377 12911 2,086 14,2261 291 13.9351 Gross transfers ts608n funds Net rnQVgrn•nt In fund¥ for th• Ilnancl•l yg4r 2,377 12911 2.088 14,2261 291 13,9351 R•conclllatlon of lund•: Total fund8 baglnnlng of th year 8,490 291 8,781 12,718 12,716 Total fund• •t th• end of th• y•ar 10,867 10,867 8,4 291 8,781 Statèm•nt of Flnanclal Actlties Includ88 all g8in8 and losBe8 rocognl$gd In thè flnaneial yoar. All in¢ome and oxpendSture relate to CLInnuIng acdvlties. Th8 notes on pages 10 to 11 form part of th& finanGial staiornents
MCF Life Church Company 14umb8r'. BALANCE SHEET as 8t 28 F8bruary 2025 2026 2024 Notes Current As6ets Cash at bank and in hand 11,467 8.781 Crgdltors: Amounts falllng duè wthln one ygar 1600 Net Current Assèts 10,867 8.78t Total Ass•ts 18s8 Currtnt Llabllltles 10.867 8,781 Funds Rèstrictsd trust fvnds 291 General fund lunrestrictédl 10,867 8.49) Totsl fun< 10,867 8,781 Thes6 financial statement5 have been PF6paf8d in aCUrdan wth the special provisions relating to small compan$ within Part IS ol the Cofflpanies Act 2006 For the financial year ended 28 February 2025 tt)& tharity was ents.tled to éxèmption from audr( undaf S•Ction 477 01 th9 Cornpani6s Act 2(M)6,' and no nots'ce has b88n depgsited under So19 476. The trustees confimi that the mernbets h2ve not required the cofflpany to obtain an audit of its financia5 statèments lor the financial year in Question in accordsnce with section 476 of the Companies Act 2006. The trustees acknowledge their spOnSibl1"&$ for 8n3uring that the Charity keeps accounting records whits* comply with $8Ction 386 and for pparIng finanei81 ststements which give a true and fair view ol the slate of affairs ol the charity as at the end of th8 financial y88r and of Its profit and loss for the financial year in arLOrdan with the rUiremNtS of sections 394 and 395 and which otherwise comply with the requitsmants ol the Compani88 Act 2006 relsting to fin8ncial stat8ments. so lar as applicablè to the charty. Appro¥•d by tho Board ol Tru$tees and author16èd for i$$ue on S M¥r¢h 2026 and slgned on Its bahalf by Mr Kèvin Chrlslopher John Hunt Tru# The notes on pages 10 10 11 Irn part of the finantsal $lalernenl$
MCF Life Church ACCOUNTING POLICIES for the finan81 yeaf ended 28 February 2025 Basls of proparatlon The financial slalements have been prepared on the going con¢grn basis under the hi3torScal Cost convention, rnodifiod to include certain items al lalr value. The financial statements have been prepared in accordance with th• statement ol Recomrnended Practice ISORPI 'Accounting Ènd Reporting by Charities preparing Iheir account5 in aGcordan¢e with the Financial Reportlng Standard for Srnaller EntleS Ith8 FRSSEI (effective 1 January 20151. th8 Companies Act 2006 and 'Thg Fingnctal Reporting Standard for Smaller Entities leffectlve January 20151" As pemiilled by the Companigs Act 2006, the charity has varied th• standard formats in Ihal act lor the Statement of Fin8nC131 Activities and the Balance Sh881. Departures Irorn the standard forfTrals are 10 compty with the requirements ol the Chariti&s SORP and afe In compllance with section 4.7, 10.6 and 15.2 01 Ihat SORP. C8$h flow Statement The ¢harfty h85 avalled of the &x&mptlon In FRS 1 from the requlr&m&nt to produce a ca8h flow it8ttm•nt b8cause11 Is cl8¥91flgd as 8 imo11 th#rfty. R•Jtrlct&d fund• R8$tricted funds r8prgionl In¢orno r•caiv•d whlch can only b8 Used for particular purposes, a6 8pe¢rfied by th• donors. Such purposes a wlthln th8 over811 objg¢tiv8s tsl the charlty. Unr••trl¢t•d d•8lgn•t•d lund• Unrg8tricted lund$ conslst ol Gengr¥l #nd De$lgn8t•d funds. G8neral funds ropresenl arnounts whkh are 8xp8ndabb at tha dlscmlion ol the board, In futher8n¢e of th• oblecliv8s ol the ch8rlly. Oeslgnal8d knndg cornprfs8 unrestrlcted funds that the board h86, at Its discretlon, Bet 8¥ldo lor partlcular purposes. These deslgnalions havo gn administr81ivè purposo only. and do not legally restrlct the board's dl$crgllon to apply Ihts fund. Incornlng R•sOU•* Incom8 is r8cogni$ed by Incluslon In thè Statem•nt of Flnancial Ael1vi•S only wh8n th• charlty Is bgally 8ntltled lo the income, performance condllions a118ch8d to th8 118ml51 of income havg bgen met, the arnounts involved Can be rn98sured with 6uffident roll8billty and It 18 probablo that the income will b8 received by the charity. R•80urce• Exp?nd•d Expenditure 15 8nalysed b•twe•n w$ts ol charil8ble activllles and ralslng funds. The costs ol each acllvlty ar separately 8ccumul8led and disclosed, and analysed according to their major cornponents. Expenditure 18 recognSsed when a legal or conslwcliva obllgalion exists as a result of a past event, a translor of eeonomic benefits is f8qUiT8d In setlarnent and th? 8mount of the obllg8tion c8n be rellably measured, Support cos18 are those functlons th8t asslsl th8 work of the charlly but tsnnol be attributed lo one acllvlty. Sueh CO818 are allocaled to 8clivilies in proportion to 8¢aff tlme spont or othgl sullabl8 m8asur• for èach arllvity. Taxatlon 08ferre(I tax 18 mcognlsad In respect of all timlng dlfl8r8n¢8s that hav• or49in8ted but not rèvèr58d èl the balance ¥heet dale where Iran58clions or events have occurred al that date that will re5uII in an obligation to pay more lax In the future, or o rfghl tg pay less tax in thg future. Timing differences arts ternporary diffgr&nco8 behveen the charity. taX8ble profits it5 results as stated in the financial statements. Deferred tax is rn88$ured on an undis¢ounl8d basls al tho lax rat•$ Ihat aro 8nticlpated to apply In th8 perfods In which the timing differences are oxpected to reverse, based on tsx rat88 8nd laws that have been enactsd or Bubslantively enact8d by the balance sheet dats.
MCF Life Church NOTES TO THE FINANCIAL STATEMENTS lor the flnanclal year ended 28 February 2025 GENERAL INFORMATION MCF L5fe Church Is a company limllad by shares incorporated in the United Kingdom. The registered office of the charity is Victory H811, 76,, Chesler Road, Birmingham, Unlled Kingdom which is also the principal place of bu5in88s of the charity. The financi81 stat8m8nts have been presented in PoLtnd (£1 which Ss also the functlonal currency ol the charlty. INCOME DONATIONS AND LEGACIES Unr•8tr1ct•d Restrlcted Funds Funds 2025 2024 Donatlons and18gaclas 39,531 39,531 40.079 OTHER INCOME Unr•Jtrlct•d Restrlct•d Fund• Fund8 2025 2024 Other Income 99 EXPENDITURE CHARITABLE ACTIVITIES Dlr•ct Cost¥ oth•r Costs Support Cost# 2025 2024 Exp8ndlture on ¢harftable acllvit&$ 29,310 8,234 37,S44 44,014 INVESTMENT AND OTHER INCOME 2026 2024 8ank Int?reBI EMPLOYEES AND REMUNERATION Number ol employee• The average nurnber of persons employed (Sncludlng execullve Iru818esl durlng Ihe fln8ncLql yèar was as folbws.. 2025 Number 2024 Nurnber Empk)y88$ The staff costs comprlse.. 2025 2024 Wages 8nd 8818rfes 29,310 26.83e CREDITORS Amount8 falllhg wlthln OFto y••r Accruals and deferred income 2025 2024 600 10
ntynued MCF Life Church NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 28 February 2025 RESERVES Funds Total At the beglnnlng of the ye8r SurplusllDeficitl for the financtal year 8,490 291 8,781 2.086 2.086 Al th• end of the yaar 2,086 8.490 291 10,867 FUNDS RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted R88trlctsd Funds Funds Totsl Funds At 1 March 2023 Movement during the financial year 12,716 14.2261 12.716 13,9351 291 At 29 February 2024 Movement during the financial year 8,490 2,377 291 12911 8,781 2,086 At 28 February 2025 10,867 10,867 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 March 2024 Inme Expendlture Transfers 8alan¢e betW88n 28 February luJ)d$ 2025 Restricted Unrestrl¢tsd fund8 Unrestricted G8neral 291 291 8.490 39,630 37,253 10.867 Totsl funds 8.781 39.630 37.544 10,867 ANALYSIS OF NEf ASSETS BY FUND Current assets Current Total UnsEnct8d general funds 11,467 16001 10,867 11.467 (6001 10,867 RELATED PARTY TFiANSAcnoNS Kevln Hunt, Trustee ol the charity, rec8wed salary and expenses of £29,310 during the year, in hi% role as Pastor of the church.12024 £26,8361 POST-BALANCE SHEET EVENTS 10. There have be8n no signiffcant eV8nts affecting the Charity sin¢e the financial year*nd. 11
MCF LIFE CHURCH UPPLEMENTARY INFORMATION ELATING TO THE FINANCIAL STATEMENT FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2025 12
MCF Life Church SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS OPERATING STATEMENT for Ihe financial year ended 28 February 2025 2025 2024 Schedule Income 39.531 40,079 charitab actIvit5 and other expenses 137,5441 144.0481 1.987 13,9691 Miscellaneous income 99 N¢t $urpluslldeficitl 2,086 13,9351 Th8 supplementary infomiation does not form part of the financial statements 13
MCF Life Church SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 1 . CHARITABLE ACTIVITIES AND OTHER EXPENSES for th8 financi81 year ended 28 FebnJary 2025 2025 2024 Expenv$ Wages and salaries Training Rent ch8ry9S Fundraising cost Website costs Legal and prolesskonal Gifts Bank eh8rg8S General expen88S Chsrllab18 donation8 29.310 728 3,300 26,836 765 4,457 2,370 192 192 220 65 2,808 6,143 600 262 79 1,448 1,819 37,S44 44,048 The supplernentary informatron does not form part ofthe fin8nckg1 slalernents 14
MCF Life Church SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS SCHEDULE 2 . MISCELLANEOUS INCOME for the financial y8ar ended 28 FebrLtary 2025 2025 2024 Ml$¢ellaneou$ In¢ome Bank Interest 99 34 The supplernentsry infoffliation does not form part of the financial slalements 15