2021-12-31-accounts

HELLO FROM ANDY	HELLO FROM ANDY	C. KRISTIN
GOVERNANCE
Parochial Church	Council (PCC)
Principal Office
Independent Auditors
Safeguarding
Financial Statements
Lighthouse Team
GATHE RING
Sundays
Worship
BELONGING AND	DISCIPLING
Creche (0-3)			9
Lighthouse Kids (4-11)			9
Lighthouse Youth	(12-18)		9
Torch			10
Tot Spot			10
Alpha			11
School of Spirit Life			11
HEALING AND PRAYER			12
Tuesday Gold			12
Bethel Sozo			12
Healing Services			12
Prayer Nights			12
PARTNE RING			13
Spiritual Partners			13
Holy Trinity Primary School			12
Spear Camden			15
XLP			15
Love Your Neighbour			16
DEANERY SYNOD			17
LIGHTHOUSE PROJECT
FABRIC AND USE OF THE BUILDING			21

C Members who serv	ed in 2021 are:
Member	Roles	Appointment
Rev. Andy Keighley	Chairman, Senior Leader	Ex-officio
Rev. Kristin Breuss	Senior Pastor	Ex-officio
Emmanuel Obafemi Bajomo	Church Warden	Re-elected	May 2021
Ursula Steimert	Church Warden	Re-elected	May 2021
	Trinity Lodge Trust
	Safeguarding and
	Hospitality Champion
Elias Costalas	Deanery Synod Representative	Elected October 2020
Mohyin Costalas	Deanery Synod Representative	Elected October 2020
Oluwatoyin Taiwo	Deanery Synod Representative	Elected July 2021
Nike Bassey-Eyo		Re-elected	May 2021
Dr. Minabelema Bajomo	Healing and Prayer Ministries	Re-elected	May 2021
	Trinity Lodge Trust
Geoff Burgess	Trinity Lodge Trust	Re-elected	May 2021
Philip Chitty	Treasurer	Re-elected	May 2021
Anil Khera	Lighthouse Building Project Chair	Re-elected	May 2021
Carrie Longton	Lighthouse Building Campaign Chair	Re-elected	May 2021

Oyinkansola	Onile-Ere	Secretary	Re-elected	May 2021
Tosin Otubanjo			Re-elected	May 2021
Matthew	Pearson	Youth Champion	Re-elected	May 2021
Davide	Renna	Alpha Co-Pastor	Re-elected	May 2021
Michael	Sookias	Marketplace Champion	Re-elected	May 2021
Steven Sserunkuma		Children's Champion,	Re-elected	May 2021
Naomi	Kruger		Resigned	May 2021

Tim Keightley	Project Lighthouse Director	until September	2021
Carol Campbell	Finance Director	until September	2021
Catherine Crawley	Chief Operations Officer	from September	2021

					Page
Reference and administrative		details ofthe Charity,	Its PCC Members	and advisers	1
Trustees' report					2-5
Trustees' responsibilities statement
Independent auditors'	report	on the financial statements			7-10
Statement offinancial	activities
Balance sheet					12
Statement ofcash flows					13
Notes to the fmancial	statements				14-33

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Note	2021 6	2021f	2021	2020f
Income from:
Donations and legacies Charitable activities			495,513 17,150	3??l331	872,844 'I7,150	1,224,518 21,943
Investments			'I		1	49
Other income			12,7?5		12,?75	771
Total income			525,439	37?,331	902,770	1,247,281
Expenditure on: Chaditable activities		8	524473	l52 931	67?404	1359107
Total expenditure			524,473	152,931	67?,404	1,359,107
			966	224„400	225,366	(111,828)
Net movement in funds
Reconciliation offunds:
Total funds brought forward Net movement in funds			611 966	83,&72 224,400	84,483 225,366	196,309 (111,826)
			1,5?7	308,272	309,849	84,483
Total funds carried forward

			Note		2021f		2020f
Fixed assets
Tangible assets			13		45,7?7		70,853
					45,7?7		70,853
Current assets
Debtors			14	?5,402		50,765
Cash at bank and in hand				204,463		60,321
				279,865		111,086
Creditors: amounts	falling due within one
year			15	(15,793}		(97,219)
Net current assets					264,072		13,867
Total assets less current liabilities					309,849		84,720
Creditors: amounts	falling due after more
than one year			16				(237)
Net assets excluding		pension asset			309,849		84,483
Total net assets					309,849		84,483
Charity funds
Restricted funds			18		308,272		83,872
Unrestricted funds			'I8		1,577		611
Total funds					309,849		84,483

			STATEMENT OF CASH FLOWS	STATEMENT OF CASH FLOWS
		FOR THE YEAR ENDED 31DECEMBER 2021
					2021 6	2020f
Cash flows from operating		activities
Net cash used in operating	activities				148,259	(77,921)
Cash flows from investing		activities
Proceeds from the sale of tangible fixed assets					11i924
Purchase oftangible fixed assets					(16,041)	(72,697)
Net cash used in investing		activities			(4,117)	(72,697)
Cash flows from financing		activities
Net cash provided by financing activities
Change in cash and cash		equivalents	in	the year	'l44,'l42	(150,618)
Cash and cash equivalents		at the beginning		ofIhe year	60,321	210,939
Cash and cash equivalents		atthe end of		the year	204,463	60,321
The notes on pages 14to 33form part			ofthese financial statements

				Unrestricted	Restricted	'fotal
				funds	funds	funds
				2021	2021	2021
				E	E	F
Donations	and collections	(including	Gift Aid)	215,737	2?5,2?1	491,008
Grants				125,149	100,000	225,149
Other collections and donations				154,627	2,060	156,687
Total 2021				495,513	377,331	872,844
				Unrestricted	Restdicted	Total
				funds	funds	funds
				2020	2020	2020
				5
Donations	and collections	(including	Gift Aid)	191,848	725,372	917,220
Grants				181,776		161,776
Other collections and donations				145,522		145,522
Total2020				499,146	725,372	1,224,518

			Unrestricted	'Total
			funds	funds
			2021	2021
			5	8
	Income from	church activities	17,150	1?,150
	Total 2021		17,150	17150
			Unrestricted	Total
			funds	funds
			2020	2020
	Income from	church activities	21,943	21,943
	Total 2020		21,943	21,943
5.	Investment	income

	Unrestricted	Total
	funds	funds
	2021	2021
	5	5
Unrestricted	Restricted	Total
funds	funds	funds
2020	2020	2020
2	5	5
	38
	38

					Unrestricted	Total
					funds	funds
					2021f	2021f
	Sale ofassets				6,087	6,087
	Hothorpe	Hall			6,688	6,688
					12,775	12,775
					Unrestricted	Total
					funds	funds
					2020f	2020
	Sale ofassets				771	771
7.	Analysis	ofgrants
					Grants to	Total
					Institutions	funds
					2021f	2021f
	Youth - XLP				12,200	12,200
	Missions,	Charities	and Dalt Education	Project	7,267	7,267
	Total 2021				19,467	19,467
					Grants to	Total
					Institutions	funds
					2020	2020f
	Youth - XLP				12,400	12,400
	Missions,	Charities	and Dalt Education	Project	6,480	6,480
	Total 2020				18,880	18,880

The Chadty has ma	de the	follo	wing mater	ial grants to ins	titutions during the ye	ar;
						2021	2020
						6
Name ofinstitution
Fusion						300	300
Global Awakening Youth for Christ	(HTSC	Vision Caster)				1,200 300	1,200 300
individuals						1,856	500
Lapis Lazuli Holy Trinity School Youth - XLP						500 1,742 12,200	3,500 12,4QQ
Dalt Education Project						180	180
Open Doors						180
Beacon Church						1,000
Other						9	500
						19,467	18,880
						19,467	18,880
Analysis ofexpenditure		on	charitable	activities
Summary by fund	type
					Unrestdrcted	Restricted	Total
					funds	funds	funds
					2021	2021	2021
					6	6	6
Diocesan padsh share					107,08Q		107,080
Ministry costs					240,194	2,297	242,491
Building and maintenance		costs			27,045		27&045
Overheads and administration			(incl. Governance)		150,154	12	150,166
Lighthouse Project costs						150,622	150,622
					524,473	152,931	677,404

Summary	by fund type (	cont	inued)
				Unrestricted	Restricted	Total
				funds	funds	funds
				2020	2020	2020
				5		8
Diocesan	parish share			104,420		104,420
Ministry costs				276,215	458	276,673
Building and maintenance		costs		49,590		49,590
Overheads	and administration		(incl. Governance)	135,851	166	136,017
Lighthouse	Project costs				792,407	792,407
				566,076	793,031	1,359,107

				Activities	Grant
				undertaken	funding of	Support	Total
				directly	activities	costs	funds
				2021	2021	2021	2021
				6	6	5	8
Diocesan parish share				107,080			107,080
Ministry costs				230,291	12,200		242,491
Building and	maintenance	costs		27,045			27,045
Overheads and administration Governance)			(incl.		7,267	142,899	150,166
Lighthouse	Project costs			150,622			150,622
Total 2021				515,038	19,467	142,899	67?,404

9.	Analysis of expenditure	by	activities	(continued)
				Activities	Grant
				undertaken	funding of	Support	Total
				directly 2020	activities 2020	costs 2020	funds 2020
					F		6
	Diocesan parish share Ministry costs Building and maintenance	costs		104,420 264,273 49,590	12,400		104,420 276,673 49,590
	Overheads and administration Governance) Lighthouse Project costs		gncb	792,407	6,480	129,537	136,017 792,407
	Total 2020			1,210,690	18,880	129,537	1,359,107
	Analysis of direct costs

					Total	Total
					funds	funds
					2021	2020
					6	6
Staff costs					180,305	183,739
Depreciation					35,280	35,914
Food drops					22,909	17,057
Services	and Events				516	29,446
Worship					22,995	44,740
Ministry	Expenditure				8,050	13,754
Children	and Youth				4,088	1,818
Lighthouse		London	Community	Trust	10,000
Healing	tt Sozo				9,712	9,816
Rates					10,615	11,261
Repairs	and	Maintenance			9,109	13,061
ITand Equipment			Hire		5,513	22,672
Kitchen	and	Cleaning			1,80&	2,596
Lighthouse		Feasibility Study			5,600	334,555
Lighthouse		Consultancy			8'l,45&	385,841
Diocese	Fund				107,080	104,420
					515,038	1,210,690

			Total	Total
			funds	funds
			2021	2020f
Staff costs			95T231	84,471
Finance lease interest			226	586
Publicity and literature			2,000	3,315
Bank and credit card charges			3&015	2,253
Conferences and training			3,046	4,962
Vehicle expenses, travel and	subsistence		2,063	2,239
Office supplies			1,225	3,033
Telephone, internet and website			15,804	17,353
Professional fees			1,072	1,041
Miscellaneous expenses			12,077	3,085
Audit &Accountancy			?,140	7,199
			142,899	129,537
Auditors' remuneration
			2021f	2020f
Fees payable to the Charity's accounts	auditor for the audit ofthe Charity's	annual	5,760	5,760
Fees payable to the Charity's	auditor in respect of:
Other services			1,380	1,439

Staff costs
				2021	2020
Wages and saladies Social security costs Contribution to defined		contribution	pension schemes	247,236 17,622 10,678	240,269 'I6,675 11,266
				275,536	268,210

2021	2020
No.	No.
12	12

Tangible fixed assets
	Fixtures and	Office	Computer	Other fixed
	fittings	equipment 6	equipment 6	assets 6	Total 6
Cost orvaluation
At 1 January 2021	28,250	2,694	30,188	160,127	221,259
Additions		'l,185	864	13,992	16,041
Disposals			(2,780)	(24,875)	(27,655)
At 31 December 2021	28,250	3,879	28,272	149,244	209,645
Depreciation
At 1 January 2021	28,249	2,554	22,416	97,'l87	150,406
Charge for the year	1	436	5,'I 31	29,712	35,280
On disposals			(2,780)	(19,038)	(21,818)
At 31 December 2021	28,250	2,990	24,767	107,861	163,868
Net book value
At 31 December 2021		889	3,505	41,383	45,?77
At 31 December 2020	1	140	7,772	62,940	70,853

Debtors
		2021	2020
		6	6
Due within one year
Other debtors		8,326	8,882
Prepayments	and accrued income	2,305
Tax recoverable		64,771	41,883
		75,402	50,765

Creditors:	Amounts falling due within one year
			2021	2020
			6	F
Obligations under finance lease and hire purchase Other creditors		contracts	237 4,728	2,657 87,962
Accruals			10,828	6,600
			15,793	97,219

16.	Creditors: Amounts falling	due after more tha	n one year
				2021	2020
				6	6
	Net obligations under finance lease and hire purchase contracts				237
17.	Financial instruments
				202'I	2020
				K
	Financial assets
	Financial assets measured	at fair value through	income and expenditure	204,463	60,321

Statement	offunds	- current year
						Balance at
			Balance at 1			31
			January			December
			2021 8	Income 8	Expenditure 8	2021 8
Unrestricted	funds
Designated	funds
Hardship Fund			5,?43	13,050	(18,793)
Fixed Asset	Fund		1,250		(1,250)
			6,993	13,050	(20,043)
General funds
General Fund			(6,382)	512,3&9	(504,430)	1,5T7
Total Unrestdcted		funds	611	525,439	(524,473)	1,577
Restricted	funds
Lighthouse	Project		81,5?5	37?,331	(150,534)	308,272
Healing and	Sozo		2,29I		(2,297)
			83,872	3?I,331	(152,931)	308,2T2
Total offunds			84,483	902,770	(677,404)	309,849

Statement o	ffunds	- prior year
						Balance at
			Balance at			31
			1 January 2020	income 6	Expenditure f	December 2020
Unrestricted	funds
Designated	funds
Hardship Fund			2,418	3,325		5,?43
Fixed Asset	Fund		2,500		(1,250)	1,250
			4,918	3,325	(1,250)	6,993
General funds
General Fund			aS,898	518,546	(564,826)	(6,382)
Total Unrestricted		funds	44,816		(566,076)	611
Restricted	funds
Lighthouse	Project		149,128	725,020	(792,573)	81,575
Healing and	Bozo		2,365	390	(458)	2,297
			151,493	725,410	(793,031)	83,872
Total offunds			196,309	725,410	(1,359,107)	84,483

Analysis of net assets between funds Analysis ofnet assets between funds -current year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2021 6	2021f	2021 6
Tangible fixed assets Current assets	45,777 (28,454)	308,319	45,777 279,865
Creditors due within one year	(15,746)	(47)	{15,793)
Total	1,577	308,272	309,849
Analysis ofnet assets between funds -prior year
	Unrestricted	Restricted	Total
	funds	funds	funds
	2020f	2020 6	2020
Tangible fixed assets	70,853		70,853
Current assets	27,607	83,479	111,086
Creditors due within one year	(97,612)	393	(97,219)
Creditors due in more than one year	(237)		(237)
	611	83,872	84,483
Total

20.	Reconciliation ofnet movement	Reconciliation ofnet movement	Reconciliation ofnet movement	Reconciliation ofnet movement	in funds to nst	cash flow	from operating	activities
								2021	2020
								6
	Net income/expenditure Activities)		for	the	year {as per	Statement	of Financial	225,366	(111,826)
	Adjustments for: Depreciation charges							35,280	35,914
	Loss/(profit) on the sale offixed assets							(6,087)
	Increase in debtors							(24,637)	(21,677)
	Increase/(decrease)	in	creditors					(81,663)	19,668
	Net cash provided	by/(used		in)	operating activities			148,259	(77,921)

		2021 8	2020f
Cash	in hand	204,463	60,321
Total	cash and cash equivalents	204,463	60,321

		At 1		At 31
		January		December
		2021	Cash flows	2021
		8	6	8
Cash at bank and	in hand	60,321	144,142	204,463
Finance leases		(2,894)	2,657	(237)
		57,427	146,799	204,226