COMPANY REGISTRATION NUMBER: 05315859
CHARiff REGISTRATION NUMBER: 1134286
LifePoint Church
Company Limited by Guarantee
Annual Report and Unaudited Financial
Statements
31 March 2024
GORDON DOWN & COMPANY LIMITED
Accountants and business advisors
144 Walter Road
Swansea
SA15RW

LifePoint Church
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Truslees, annual report (incorpjrating the directorfs report)
Independent examinerfs report to the trustees
10
Statement of financial activtties (induding income and
expenditure account)
12
Statement of financial position
13
Notes to the financial statements
15
The following pages do not forni part of the financial statements
Detailed statement of financial activities
28
Notes to Ihe detailed ststement of financial activities
30

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Directorfs Report)
Year ended 31 March 2024
The trustees, who are also the director5 for the purposes of company law, present their report and the
unaudited financial statements ol the charity for the year ended 31 March 2024.
Objectives and activities
Vlslon. Mlsslon and Values
Our Vlslon
Our vision is to serve our city and our communf(ies by worknng in partnership to enrich and energise
neighbourhoods, families and individual lives. We want to make a difference one lrfe at a time,
emotionally. mentally, socially, fIna￿allY. physically and spiritually, until we se8-
One thousand transfomied lives across South-west Wales.
Our Mlssion
We seek lo ￿hleve this vision pyactically by pursuing the churdl's fve-fold misS￿n statement..
Feed the hungy
Heal the broken
Seek Ihe lost
Sow to the nations
Lrve like Family
How we ful￿1 those five mlsslon statements on a day-lTrday basis is described below.
Our Values
As we pursue our vision and fuffil our mission we pledge lo stay tnje lo the charl￿5 three core values:
to do everything relationally, passionately and spiritually.
For us operationally that means that seek to lead every aspect, proiecL department and function of
church16fe in a way that is people-minded. heart-felt and Spiri14ed.
Atl of the at*)ve can b8 summarised in four WLYd5 that are of sNJnrfunce to us in the LrfePolnt family.
"Love Looks Like Something."
Strateglc report
The following sections for achievements and porfonnance and financaal reV￿W fom the strdtegic report
of the charity.

LifePoint Church
Company Limitsd by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 March 2024
Achiavgrngnts and perfonnance
Feed thg Hungry
We have continued to offer spiritual and material hdp to those who are facing drfficult limes. This has
especially involved the supply of food lo families and individuals in Townhill and Mayhill, areas which
ontain 5 of the 11 most deprived areas in Swansea- and on the e￿n0m￿llY challenged Garth Estate
in Haverfordwesl.
From ils base in Swansea. LifePolnt is one of the di8tributiOn5 centres workiThJ under the banner of
Swansea Food Bank. a branch of the nalK)nal charity Trussell Trust.
We are onty al￿8 to 5uc(*ssfully run our food banks due to the support of our volunteers. Compared
to ￿ years ago the number of food parLEls distributed increased by 130%. In the period between
April 2023 and March 2024 the Swansea Fcx)dbank gave out 1.421 food parcels, of which 745 were
distributed from the Lrfepoint Centre and 676 from Mayhill Community Centre. This compares with
1,065 paicels the wevious year{749 from the LrfePoint Centre arKI 316 from Mayhill)- Whilst the overall
total represents a 33% increase compared lo last year. Swansea remained mtjch the same, bul Mayhill
doubled, showing an increase of 114%. This need in Mayhill is a150 evidenced by the number of
individuals helped. The focrfl parce15 distn"buted in the last 12 months reached a total of 2.915
individuals of who 1.989 were adults and 926 were children. This compares wrth a total of 2,343
individuals the previous year11.584 adults and 759 children)- a 24°h increase in the number of people
reached. It [5 also notable that in Mayhill the Foodbank helps larger family units and many children.
Statistically, whilst more food parcels are gNen wt from the LrfePoinl Centre (745) than from Mayhill
(6761, the number of individuals benefitting is greater in Mayhill (1.535) than from the LifePoinl Centre
{1,380). The growth and ability of the Church to meet the need in Mayhill can partly be attribLrted lo a
local community grant from the Crty & County of Swansea. This has supported the running of the Pok
up café and children's dothing provision alongside the weewy Food Bank operation hosted al Mayhill
Community Centre. We are grateful for the support from City & County of Swansea and a further grant
was received, that is to be spent during the finanaal year 2024-25.
We have also continued to partnerwilh the national charity F8reShare. which supplies high quality fresh
food each week, don8ted from major supermarket chains. to enrith the nutribonal qualty and value of
the food parcels distributed at our F(XKJbanks.
In addition. as part of the church's own distirrt Helping Ordinary People EVer￿ere IH.O.P.E.) project.
52 larg&sized personalised Christmas Food Hamper5, valued at £100. were packed and delivered lo
peoples, homes by volunteers. Many of these hampers induded personalised WTapped toys as grfts
for children in the household. We received a grant of £4.000 from the City & county of Swansea Local
Councilli)rf5 Fund towards these personalised hafflper5. This partnership is very much appreciated.
The churth in Haverfordwest also distributed 20 Christmas FTr)d Hampers. supported by a grant of£500
from Haverforthvesl Town Counal.
We also gave out more than 700 items of children's dothing lo the residents of Mayhill. some through
organised Clothing Days and some in partnership V￿th the local schools helping families that they
identif￿. This is a 17Yo increase on the Fffevious year.
Two of the church's leaders continue to serve on the board of govemors of the primary school that
serves the Mayhill estate. Seaview School.
Also this year the Swansea H.O.P.E. project was able to help some struggling families furnish their
homes in partnership with the Enfys FoundatKJn and purchase much needed transport for one family.
While in Haverfordwest donations were rnade to enable the churth to give financial support lo several

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (￿Id￿l￿dI
Year ended 31 March 2024
families, recenty sewed in the country. to hdp with daily liviro costs.
In Pembrokeshire. the church continues to develop tts allotmenL which enables them to offer physical
recreation in the outdoors lo the indNiduals they are helping and also lo distribute home grown food.
The Pembrokeshire chU￿h also continues lo engage wrth the Fenton Schod community, helping during
the year wth playground and garden devdopmenls. painting and refurbishment projects, reading
activities for pupils and special events in the ojrriculum.
Heal the broken
We aim to pray for and support people who are facing sthess or brokenness, In lrfe generally.. lo help
them recover health and dignty. We want to stand with people vtho have been troubled in body. mind.
relationships or finance to See them restored, strong. whole, free and reconctled. We partner with
Seaview School in Swansea suppth'ng disadvantaged families that are receiving input from Swansea's
Team Around The Family project. Public tr￿nerrt indude5 speeding peoples. recovery from physical
and mental illness.
Seek the108t
We aim to be a guide to those who may have lost their vrdy in lrfe cff lost their faith. We support people
practically lo gel back on their feet and also offer to help people find a personal faith that helps them
thorough the challenges they face. We have been able to njn Alpha courses for those seeking
spiritu81 guIdan￿- these have reached a totsl of 15 indivKluals.
We a150 corrtinued to reach beyond our tradttional in-person congregation by uploading our messages
and meetings to a much wder on4ine audience. Weekty meetings were broadcast live via Zoom to the
homes of people who were unable to attend a church meeting in person. and specially recorded
messages are also uploaded via social media to provide help insplration fvrther afield.
Sow to the nations
We aim to make a dtfference lo peorAe living auoss the World. We want to ernbra￿, enrich. learn
from, befriend and SUPPKJrt people of many drfferent culiures and backgrounds and play our part in
making the worfd what it was designed to be. We care for all of God's wortd, both the people and the
planet. and want to protect and help our environments and oUr￿MMUnities. We also work cfosely ￿th
Ministries Without Borders. which helps us to extend our reach into the world.
We have continued our Involvement wth a church in Telangana. India. Working the local Christian
Pastor serving the most poor and vulnerable people in a region in Telangana. we have been able to
send £2.510. donated from our Swansea Church. A member of the church visited in April 2023 and
look some of the finance with him. That finance has made a difference and was able to help a group
of widows. orphans and leprosy sufferers wth food and dothing. During the coming year, hdp will be
given to to purchase buffaloes lo help provide ongoing income for the work. We have also donated £390
towards a humanitarian project in Ghana. £1,lJ)O to Cuba and £500 to alleviate the suffering that
followed a rtatural disaster in the Philippines. These last two grfts were given via Ministries Without
Borders. The church in Haverfothest donated £147 to Ukraine and India. Two of our current
employees lead a prolecl in Kenya. enliued Love Your NeTrghbour. whtch helps children with additional
needs. vulnerable teenage girfs, addicted individuals and mothers who need finance to SUPPOrt their
families. We were able to send to that project £3,500 which had been raised at a conference hosted
by Mlnistries Without Borders.
l of those overseas donallons represented a total of £8.047.

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (conllnu•l)
Year ended 31 March 2024
Achlevements and pgrfomiance (cl￿￿￿￿¢0
Llve Ilke famlly
LrfePoinl Is 8 vibrant growing multicultural [￿mMunrtY (X￿sISting of people from many drfferent nations
and generations. During this finawal year, the number of people committed to play a part in our four
congregations In Swansea Central, Mayhill. Neath and Haverfordwest grew from 247 to 281, a 14%
increase. Wrth children and teenagers. the core church family now totals 400 people.
Our aim is to be an example of a c4)mmunty of people wlK> SUPWt each other as an extended family
of friends. We seek lo see the young. old, rich and poor, respecting and caring for one another and
sharing the experiences of lrfe together through days and bad. Public benefit indudes building
strong relationships and supwt structures that enhaniz communities and minimise isolation.
All five aspects of Ihe church's mission - Feed. Heal, Seek. Sow and Live - have been enriched in this
year by the continued operation of the full staff team. This now includes three full-lime pastors. iwo
part-time pastors, one part-time administrator. For most of the year we were also brilliantly assisted by
young full-lime leadership inlems who served the church arml community whilst being hosted by
families in church and receiving a small bursary. Perhaps the best indicator of our family lrfe is the
thousands of volunteer hours. thal enables to church lo function so effectively. For example. supported
by the Town and Borough Council. the LrfePoint Church in Neath Served their communty at Christrnas
by hosting a ViCtor￿n Street Fayre in the town centre caslie- an event that attracted 1.100 visilors and
look at least 400 volunlew hours.
Revlew Processes
The charty reviews its vision. aims, objectNes and activit*s each year. I￿k1￿j at what it achieved and
the outcomes of its work In the previws 12 months. The review looks at the success of each key
activty and helps ensure the aims. objectives and actrvities remain up to date. The Charity
Commission's general guidance on publ￿ benefit has been referred to when reviewing aims and
objectives and in planning future actNities lo ensure they (xjnfonn %wth that guidance.
The webslte ¥wM.lrfepoint.org.uk continues to profile our work in the (x)mmunity and support our
communication. Online acb'vrties for the ￿mir￿j year V￿11 provide the platfonn for us lo continue to
deliver our vision and mission.
Tralnlng Inltlatlves
The intem prcKJramme this year wovided a weekly hair day discipleship programme.

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Directorfs Report) (conllnu
Year ended 31 March 2024
Achlevemgnts and perfornwice {coRNm*d)
Comrnunity Initiatlves
The Alpha Course
This intemalionally used course communicates the ￿ntral beliefs of Christianty In a forum where
anyone can examine and discuss issues of lrfe and fatth. Attracting a whje range of participants from
the local community, the course has made an importanl (xjnlribution lo the continued growth of LrfePoint
Church.
H.O.P.E.
The work of this projecl highlighted in the Mission Statement, the tiue of which represents Helping
Ordinary People Evewthere, provide5 practical help to some of the neediest people in Swansea.
Tailored to meet indNidual needs as they arise. it indudes such things as food hamper5, baby hampers,
children's clothing, household repairs and other provisions lo needy families or individuals and
enhancing the environmenl in local primary Schools.
FL Exgrclsg
This is run weekly by a Swansea Churth member for ladies who want to develop their fitness, balance
and health.
LifePoint Ladles Running Group
This runs wee￿Y for beginners and intermediales. induding those who enjoy support and
encouragement for a Park Run. A few have completed 10K ￿e$. half4marathons and full marathons.
der Local Involvement
In addition lo these spectfic projects, the church encou￿$ many individual members to express their
faith by becoming involved personalty in other community initiatives. Some ongoing areas of
involvement include money advice, supported by CAP {Christians Against Povety} and govemorship in
schools. Direct support and care have also been provided for individuals wrth more specrfic need5 such
as those with addlctions or other lrfe-controlling habits. or people facing bereavement or seriou5 illness.
including mental he81th issues. Athough these various projects are not connected to the charity,
LrfePoint Church ProV￿eS pastoral support to those involV￿j in these areas.
Student Initiatives
Swansea has a significant studerrt population. bul ￿nIlY much of the campus has relocated outside
the city, further away from the church building. However. the church has continued lo promote its work
in this area. We welcome both British and International studerrts to the cty and irffer mentoring. meals.
social occasions and opportunities to give back to the cty. During the last hvo years we saw a
signfficant growth in mature intematlonal students with famili8s joining the church.
International Projects
The church is part of a network of churches overseen by Ministries Wtthout Borders (see note 22 in the
accounts) that have allowed us to contribute to the work of a number of people and projects in several
parts of the world. Regular support is provided to a number of individuals who are involved in promoting
the Christian faith in several other nations as well as our own. In addition. the church continues lo
provide support for a number (rf intemational projects in a variety of ways induding raising funds. and
making donations. These are regulady reviewed to erEur8 that our involvement wntinues to be in the
furtherance ol our specffj￿ charitable objectNes.

LifePoint Church
Company Limitsd by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {conUnu
Year ended 31 March 2024
Flnanclal review
Prlnclpal funding sources
The charity relles upon voluntary donations from the generosty of both members and friends. It is also
able to reclaim grft aid from H.M. Govemment.
Al Tnjstees meetings income and expenditure is monitored on a bi-monthly basis to ensure charity has
SLrfficient funds to meet all its financial wuirements and to fvnd all current sxojecls. To strengthen our
financial repK)rting, a bookkeeper was contracted one day a week from April 2023. During the year we
reviewed our future needs and from April 2024 moved lo Xero doud-based software. lo better support
managing our finances across four geographical areas. Add￿(￿nal cash balances will need to be be
accumL¢lated to maintain and develop the building owned and fvture building requirement5. During the
coming year this approach will be reviewed to deterniine onwing suitability.
The Iruslees have general investrnenl powers whith are restricted lo the assumptions that all
investments are made in '￿(￿j faith, and that professK)nal advrce is sought. The charty has no
investments.
Grants are made to indNKluals or organisalions whth either are undertaking activities that are similar
in nature to the charity's objectives or those whom the truslees deem lo be in need or suffering hardship.
Incomg and expendlture
The charity made a £82,425 operational surplus for the year ended 31 March 2024 which included
approximaldy £2,500 FTI income from the 2023 financial year. Funds of £28.228 were restricted.
leaving an unrestricted surplus of £54,197. ot the restricted surplus generaled, the results can be split
as follows-
LrfePoint Pembrokeshire
LrfePoint Neath
HOPE
Mayhill Building fund
Youth Ransomed
Maternity pay accrual
India Buffalo Fund
City & County of Swansea Grant to be spent in 24125
Total incoming resources for the year were £462.951. The largest contributions to this Ir￿Me were
the tithes and offerings of £326.526 followed by £70,197 of gift aid thal was reclaimed. The largest
individual item of expendtture included in total resources expended of £380,526 was salaries and wages
(including direct ministy support and expenses)of £173.311. At the balance sheet date unrestricted
funds tolalled £295,082, dessgnal8d funds of £695,213 and restricted fvnds lotalled £149.489. The
free reserve5 of the charity are £295.082, of which £150.000 is designated a Building Fund.

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dlrectorfs Report) (contlnu8dJ
Year ended 31 March 2024
Flnanclal reviwl (cortthii*d)
Reserves policy
The reserves policy alms to hold three months of related expenditure in unrestricted reserves. additional
of the value of tangible a5sels. in (Kder to hdp the charity meet the unexpected. This would Indude
amounts to cover any financial risks as well as sh)rt lemi fluctuations in incoming resources. The
accounting FK)liGies of the charity are detailed on pages 15-18 of the accounts and include the charity's
gryant maknng policy. The level of availa1￿e funds not up in fixed assets at the year end was
£295.082, of which £150,000 is designated a Building Fund.
The charity has dearty identrfied restricted funds. to ensure donors giving is spent according to their
wishes. This especially enables the charrty to detAoy or reserve all the money gtven for the work in
Haverfordwest and Neath. shown in note 20 to the ￿cOUnts.
Rlsk management objectlves and polldes
The trustees regularty review the risk register. carefully considering the malor risks lo which the charity
is exposed and regularly diS￿sS risk management throughout the year at its own meetings and al those
Wtth the leaders. Systems have been estsblished to manage those risks. whth includes good financial
management and budgeting, supported by a review of our reserves wlicy. The most significant risk5
faced usually relate lo building management and ownership and use of volunteers. including event
management.
Plans for future perlods
LrfePoint Church owns and manages a facilty known as The LrfePoinl Centre. and throughout the years
we have contin¥Jed to develop thi5 50 that it meets the needs of the IC￿al neighbourhood and the church
community. As the church communities in Swansea, Neath and Haverfordwesl grow. we may need to
consider altemative prerni5es. Neath have been meeting since its fomiation in 2020 in Bryncoch
Community Centre, whilst Haverfordwest moved from Fenton School in February due to ils
unavailabilty, into the Town Centre using Haverhub Communty Centre lo assess whether the centre
location will help the growth of the church. We are preparing for the eventuality that one or other
corwregation rnay need lo acquire its own permanent facility. or that Swansea may also need to increase
its meeting capacty. To this end the trustees in June 2023 designated a building fund of £150.000.
We are continualty reviwng our organisation and administration to adapt to the changing membership
and the increasing communty involvement and have volunteer leaders in place to help manage and
SUPFK)rt our work. During the coming year. we are installing new accounting and gift aid software lo
help us more effectNely manage our four financral centre and have employed a bookkeeper one day a
week lo support this transition and will change our payroll and Independent Financial Examiner. We
11 also install new software to help us manage our Personnel, Health and Safely and general churth
administration. In addition. specrfic funds continued to be gathered ready to meet further and deeper
needs in the community through the development of our facilities and staff.

LifePoint Church
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) {condnu&*
Year ended 31 March 2024
Structure. govemance and management
Govgrnlng document
The charity is controlled by its goveming dC￿Merrt. AriL4es of AsKKiation. ar#1 constitutes a limited
c¥)mpany. limited by guarantee, as defined by the Companies Act 2006.
Recruitmenl and appointmgnt of new trustees
Trustees are appointed by the resolution of a quonJm of existing Trustees. There is no external body
that has the entidemenl to appoint a tnjstee. All new Trustees are gNen an Induction. Twstees are
appointed lor the particular skills that are needed for the organisalh)n and tralning needs are regularfy
assessed by the Trustee5 ond support is given where appropyiale.
Organlsational structure
The charty operates primarily, tmrt rK)t exdusNdy. in ScMJth Wales. haviNJ regular church meetings in
both Swansea Iuplands and Mayhill), Nealh and Haverfordwest. As described above, LrfePoinl Chur¢h
employs a part-time administrator, three full-time pastors looking after Swansea Central. Swansea
Mayhill and Neath and two part-time staff members in Pembroke5hire. In addition, many of our
activities are carried out voluntarily by our ￿mM[tted and generou5 members, who make possible most
of the good work of the charity. In lems of legal and financial affairs, the church leaders led by Mr M
Sutton-smith, are engaged on behaw of the Trust to work within the delegated aulhorty given by the
trustees and have decision-making power5 for the day-tfrday operations of the chartty. Members of
the Trustee Board meet regularly wlh the leaders to discuss matters affecting the charity. including the
limitations of their decision-making abilty. Decisions that affect the incorporated charity are made
solely by the Trustees themselves. in quorum.
Rdated Parties
In the pursuit of its objectives, the charity is a memtw of a nehvork of churches entitted Ministries
Without Borders, a related party and also a charty itself. whth is detailed in note 22 to the accounts.

LifePolnt Church
Company Limitsd by Guarantee
Trustees. Annual Report (Incorporallng the Dlrectorfs Report) (conUnu8dJ
Year ended 31 March 2024
Referonco and administrative details
Reglstered charity namo
LTfePoint Church
Charity rggistration nurnbgr
1134286
Company registration number 05315859
Prtncipal officg and rogistgrgd The LifePoint Centre
offlcg
Ffynone Road
Svrdnsea
SA1 6BT
The trustees
Mr M Sutton-smith
Mr M Freeman
S Inglesant
Mr N Homans
Indopgndgnt gxamlner
Philip Harris FCA of Gordon Down & Company Ltd
144 Waller Road
Swansea
SA15RW
BankeTS
Unlty Twst Bank
9 Brindley Hace
Blrmingham
81 2HB
The trustees. annual report and the strategic report were apwoved on 24 November 2024 and signed
on behalf of the board of twstees by..
Mr M Freeman
Trustee

LifePoint Church
Company Limited by Guarantee
Independent Examlnerfs Report to the T￿￿teeS of LifePolnt Church
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of LrfePoint Church Ilhe chariV}
for the year ended 31 March 2024.
Rosponslblllties and basls of report
As the trustees of the company (and also [15 dir￿torS for ￿ purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 (Ihe 21Th ACY).
Having satisfied myselF thal the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charlty's accounts as carried (¥Jt under section 145 of the CharFties Act 2011 I'the 2011 Act'l. In
carrying out my examination I have followed the Direct￿ given by the Charity Commission under
section 145151(bl of the 2011 Acl.
Independent examlnerfs statemenl
Since the charitys gross income exceeded £250,0￿ your examirw must be a member of a body listed
in section 145 of the 2011 Act. I confirTll that l am qualffi8d to undertake the examination because l am
a member of the In51ttute of Chartered Accountsnls in England arKJ Wales {ICAEW}. which is one ofthe
listed bodies.
I have completed my examination. I confirm that no matt￿¥ have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the charity as wu1￿1 by section 386 of the
2006 Act.. or
the financial statements do not accord with those records.. or
the financial stalemenls do not comply wth the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a Irue and fairf view which is not
a matter considered as part of an independent examination., or
the financial statements have not been prepared in accordanc* with the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing their acxxJunt5 in accordance with the FinanGial
Reporting Staridard applicable in the UK and Republ￿ of Ireland (FRS 102).
10

LifePoint Church
Company Limited by Guarantee
Independent Examinerfs Report to the Trustees of LifePoint Church {condnwdJ
Year ended 31 March 2024
I have no concerns and have (*me across no other matters in o)nnection 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.
Philip Harris FCA of Gordon Down & Company Ltd
Independent Examiner
24 November 2024
144 Walter Road
Swansea
SA15RW
11

LifePoint Church
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
unrestn.cted
funds
Income and endowments
Donations and legacies
Other trading activities
Investment income
303,767
11.850
12.535
131.580
435.326
11,850
15,775
383.353
10.720
4.267
3.239
Total income
328,152
134,799
462,951
398.340
Expendlture
Expenditure on Gharilable acbvities
Other expenditure
Total expenditurg
271,955
2.000
106.571
378.526
2.000
350.454
273.955
106,571
380.526
350.454
Ngt inGome
54.197
28.228
82.425
47.886
Other rgcognlsed galns and losses
Gains from revaluation of fixed assets
153.642
Net movement in funds
54.197
28.228
82,425
201,528
Reconclllatlon of funds
Total funds brought forward
Total funds carrfed forwanl
936.098
121,261
1,057,359
855,831
990.295
149,489
1.139,784
1,057,359
The statement of financial activtties Ir￿udeS all gains and losses recogniwt in the year.
All income and expendriure derive from conb"nuing athrties.
The notes on pages 15 to 26 fomi part ofthese Ilnanclal statements.
12

LifePoint Church
Company Limited by Guarantee
Statement of Flnanclal Position
31 March 2024
2024
2023
Flxed assets
Tangible fixed assets
15
695,213
713,403
Current assets
Debtors
Cash al bank and in hand
16
79.798
519.999
71,491
423,665
495.1
599.797
Crgditors: amounts falling dug withln one year
Net current assets
17
(35.806)
563.991
126,257)
468,899
Total assets less current liabilities
1.259.204
1,182,302
Creditors: amounts falllng due after more than one year
Ngt assets
18
{119,4201 1124,943)
1.139.784
1.057,359
Funds of the charity
Restricted funds
Unrestricted funds..
Revaluation reserve
Other unrestricted income funds
149,489
121.261
153,642
836.653
153.642
782.456
Total unrestrlGted funds
1,295
936.098
Total charity funds
20
1,139,784
1,057.359
For the year ending 31 March 2024 the charty was entiued to exemption from audrt under section 4T1
of the Companies Act 2006 relating to small companies.
Directors. responsibilities=
The members have not required the company to obtsin an audit of its financial staternents for the
year in quests.on in accordance with section 476,.
The directors ackn￿edge their responsibilities lor complying with the requirements of the Act with
respect to accounting recx)rds and the preparation of financial statements.
These financial statements have been prepared in aCLxJr(1an￿ wrth the provisions ap￿icable to
companie5 subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 15 to 26 fomi part of these financial statemonts.
13

LifePoint Church
Company Llmited by Guarantee
Statement of Financial Position (wnlloufjdj
31 March 2024
These financial statements were approved by the board of trustees and authorised for issue on
24 November 2024, and are signed on behalf of the t)oard by..
Mr M Freeman
Trustee
The notes on pag85 15 to 26 form part of these financlal statsmonts.
14

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
Engla[￿ and Wales and a registered charity in England and Wales. The address of the regislered
Offi￿ is The LrfePoint Centre. Ffynone Road. Swansea, SA1 6BT.
SLthmgnt of compllance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicatAe in the UK and the Rewblic of Ireland,. the Statement of
Recommended Pfactice applicable to charrties preparing their accounts in aC￿rdance with the
Financial Reporting Standard applicab￿ in the UK and ReputrAic of Ireland IFRS 1021 (Charities
SORP IFRS 102}l and the Companies Act 21JO6.
AGG(wntlng pollcles
Basis of preparatlon
The financial statemerrts have been prepared on the historical cost basis, as modrfied by the
revaluation of certain financial assets arKJ liabilrties and investment properties measured al fair
value through income or expendrture.
The financial statements are kYepar&Y in sterling, whth is the functlonal currency of the enlty.
Going concern
There are no material uncertainties aLMyJt the charivs ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated fvnds are unrestricted funds earniark￿ by the tnjstees for particular future project or
commitmenl.
Restricted funds are subjected to restrictions on theirexpenditure dedared by the donor orthrough
the terms ofan appeal. and fall into one of tsvo suI￿aSses. restricted irKxJme fvnds or endowment
funds.
15

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Ststements iconlthu8d)
Year ended 31 March 2024
Accounting policias (¢onWnugdJ
Incomlng resourGgS
l incoming resources are included in the statement of financial aclivilies when enlitlemenl has
passed to the charity,. rt 15 probable that the economic beneffts associated with the transaction will
ow lo the charity and the amount b8 reliably measured. The following specrfic policies are
applied to particular categories of irKX)me:
income from donations or grants 15 recognised when there evidence of entiuemant to the
gtrt receipt is probable and tts amount be measured rdiably.
legacy income is recognised when receipt is wobable and ent￿ernenl is established.
income from donated g(￿S is measured at the fair value of the g)ods unless this is
imprdctical to measure reliabty. in wh￿h case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received rf the value can be reliabty measured. No amounts are induded for the
ntribulion ot general v(Aunteers.
income from contracts for the suppty of services is recognised wth the delivery of the
contracted service. This is dassified as unrestricted furKls unless there is a conlraclual
requirement for it to be spent on a particular purpose and retumed rf unspent, in which case
it may be regarded as restricted.
Resourcgs gxpendgd
Expenditure is recognised on an accruals ba515 as a lialy'lty is iruirred. Expenditure inGludes any
VAT which cannot be fully recovered. arKI 15 dassrfied under headings of the stalemenl of finan￿al
actNities to which it relates=
expendtiure on raising ftjnds indudes the costs of all fijndraising activities. events. non-
charitable trading actNities, and the sale of donated goods.
expenditure on charitsble ivK4udes all costs Ir￿vred by a charity In undertaking
activities that fvjrther its charitable aims for the benefit of ts beneficiaries. including those
support costs and costs relating to the govemance of the charity apportioned to charitabl8
actNlties.
other expenditure indudes all expenditurethat is neither related to raisirvJ fvnds for the chanty
nor part of its expendrture on charitable activities.
Al costs are allocated to expendtiure categ)rtes refiecllng the use of the resource. Direct (x)sts
attributable to a single activty are alIC￿ted directly to that activity. Shared costs are apportioned
between the actNities they contribute to on a reasonab￿, justifiable and ￿nSIStenI basis.
Tangiblg assets
Tangible assets are initially rerA)rded at cost, and subsequently ststed at L¥JSt less any accumulated
depreciation and Impairment losses. Any tangibfe assets carried at revalued amounts are recorded
al the fair vallte at the date of revaluation less any subsequent a(xumulated depreciation and
subsequenl a(wmulaled impainnent losses.
16

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Statements (conthue
Year ended 31 March 2024
Accounting policies (condnu8d)
Tangible assets (Contrn￿d)
An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other
recognised gains and losses. unless il reverses a tharge for impaimient that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluats"on. is recognised in other recognised gains and losses,
except to which il offsets any previous revaluation gain. in which case the loss is shown within
other recognised gains aThJ losses on the statement of fir￿nCIal activibes.
DepreGlatlon
Depreciation is calculated so as to write off the cost or valuation of an asset. less its resKlual value.
over the useftjl economic lrfe of that asset as foll(yNs.'
Freehold propety
Flxtures and fittings
2% 5trdight line basis
10%- 20% straight line basis
Impatrment of Ilxed assets
A review for indicators of irnpairnent carried out at each reporbng date, with the recoverable
amount being estimated where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset 15 impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporttng date.
For the purposes of impaimient testing, when it is ￿t wssitAe to estimate the recoverable amount
of an indNidual asset. an estimate is made of the recoverable amount of the cash-generating unil
lo which the asset belongs. The cash-Generating untt is the smallest idenlffiable group of assets
that includes the asset and generates cash inllows that largely independent of the cash inflows
from other a￿ts or gnjups of assets.
For impairment lestiro of gc￿%￿lI. the goodwill acquired in a business comblnation is, from the
acquisition date, allocated lo each of the cash-generating units Ihal are expected to benefrt from
the synergies of the combination. irrespective of whether other assets or liabilit￿S of the charity
are assigned to those untts.
Financial instruments
A financial asset or a finanud liability ig rec(KJni5ed only when the charity becomes a party lo the
ontractual provisions of the Inslnjment.
Basic financial instruments are initially recognised at the am(NJnt ￿1vable or payable indudlng
any related transaclion costs.
Current assets and current liabiltties are subsequently measured at the cash oroth¥ consideration
expected lo be paid or received and not discounted.
Debt instruments a￿ subsequently measured at amortised c<)st.
17

LifePoint Church
Company Limited by Guarantse
Notes to the Financial Statements (GOnth￿￿)
Year ended 31 March 2024
Accountlng policies (conttn
Flnanclal Instruments
Where investrnents in shares are pUbl￿Y traded or their fair value r￿n otherwise be measured
reliably, the investment is subsequently measured al fair value %Mth changes in fair value
recognised in income and expendlture. All other such investments are subsequenuy measured at
cost less impairment
Other financial instnjments, induding dertvalNes. are in￿"allY recogni5ed at fair value. unless
payment for an asset is deferred Iwond nomlal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Otherfinancial instruments are subsequenly measured at fair value. with any changes recognised
in the statement of financial &tivIt￿s. with the eX￿Ption of hedging instruments in a designated
hedging relationship.
Financial a55ets that are measured at cost or amorbsed cost are reviewed for objeclive evidenGe
of impairment at the end of each reporting date. If there is obieclNe evidence of impairment, an
impairment loss is recognised under the approprtate heading in the statement of financial aGtivities
in which the initial gain was recognised.
For all equity instruments regardless of signrficance, and other financial assets that are individually
significant. these are assessed individually for impaimient. Other financial assets are either
assessed individually or grouped on the basis ol similar credit risk characteristics.
Any reversals of impairment are recognised immedialely. lo the exlent that the reversal does not
result in a carying amount of the financial assel Ihat exceeds what the carying amount would
have been had the impaimient not prevK)usly been recognised.
Defingd contrfbutlon plans
Contributions to defined (x)ntribution plans are recognised as an expense in the period in which
the related servi(* is provided. Prepaid contribub.ons are recognised as an asset lo the extent that
the prepayment will lead to a r&Juclion in future payments or a cash refund.
When contributions are not expected to be 5etUed wholly wthin 12 months of the end of the
reporting dale in which the employees render the related ser¥￿e. the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which tt arises.
Llmlted by guarantoe
LrfePoint Church is a private ￿MpanY limited by guarantee Incorp￿ted in England and Wales.
The registered off￿8 is The LrfePoinl Centr8. Ffynone Road, Swansea. SA16BT.
18

LifePoint Church
Company Limited by Guarantee
Notes to the Financlal Statements
Year ended 31 March 2024
Donations and legacles
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Tithes and Offerings
Special offerings
People and Places Fund
Gtft Aid
Building Fund
HOPE
Youth
Charitable activities
Overseas aid donations
217.947
108,579
570
9,750
2,235
360
3,813
240
326.526
1,530
10,080
70.197
1.920
10.888
2,362
330
67.963
7.075
2.122
6,013
6,013
Grants
Grants receivable
5.810
5.810
303,767
131.560
435,326
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Tithes and Offerings
Special offerings
People and Places Fund
Grfl Aid
Building Fund
HOPE
Youth
Charitable activities
Overseas aKI donations
212.021
15.631
2.770
43.956
2.030
7.143
107
80,288
292.309
15,631
2.770
62,363
2,030
7,143
107
1.000
18,407
Grants
Grants receNable
284,658
98.695
383,353
Other tradlng activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Rental income
FIT InoL)me
4.138
7.712
4,138
7.712
6.959
3.761
6,959
3,761
11,850
11.850
10,720
10.720
19

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Statements IGonllnuodJ
Year ended 31 March 2024
Investment Income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Bank interest receivable
12.535
3.239
15,775
Unrestricted
Funds
Reslricted Total Funds
Funds
2023
Bank interest receivable
4.267
4,267
Expendlture on Gharitablo activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable actwities
Support costs
190.689
81,266
105.206
1.365
295,896
82,630
271.955
106.571
378,526
Unrestricted
Funds
Restn"cted Total Funds
Funds
2023
Charitable activil
Support costs
208.583
59.422
82,449
291.032
59.422
268,005
82.449
350.454
Expendlture on charitablg activities by actlvlty type
Activilies
undertaken Grant futKling
direcuy of aclivrties
Support Total funds
costs
2024
Total fund
2023
Charitable activities
Governance costs
249.638
46.258
80,607
2.023
376.503
2.023
346,580
3,874
249.638
46,258
82.630
378,526
350.454
10. Other expenditure
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
Loss on disposal of tangible fLxed
assets held for charitys own us8
20

LifePoint Church
Company Lirnited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
11. Net income
Net income is stated after chargin￿{Crediting).
2024
2023
Depreciation of tangible fixed assets
Loss on disposal of tangl￿e fixed assets
22,036
2.000
23.291
12. Independont examlnatlon fees
2024
2023
Fees payable lo the independent examiner for..
Independent examination of the fina[￿la[ statements
1.200
2,270
13. Staff costs
The total staff costs and em￿￿OYee beneffts for the reporting period are 8nalysed as follows..
2024
2023
Wages and salarles
Social security costs
Employer contribub.ons to pension plans
88,882
1,953
3,115
93.950
94,409
1,651
1,780
97,840
The average head c(yJnt of employ￿ during the year was 5 (2023.. 5).
No employee received employee benefits of more than £60.000 during the year12023: Nil).
21

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Statements {conthwdJ
Year ended 31 March 2024
1￿ Trustee remuneration and expenses
The Ch8nWs Trust Deed makes provision for payments to be made lo Trustees.
Ministry supp(Kt of £95,986 {2023 - £81,420) contains SUPE￿ payments to one Trustee who
devoted the majority of their time to the service of the church. The trustee did not receive fijnds
for his role as trustee.
The Trustee recerving payments under contracls for servKes and the amounts paid are as follows:
2024
2023
M Sutton-smith
Ministry support receNed
48.312
47,376
Donatlons made to LlfePolnt Church
The aggregate value of uncondrtional donations made by the Trustees in the year to 31 March
2024 was £9.68212023- 9.845).
T￿￿toeS. expenses
There were no Trustees, expenses for the year ended 31 March 2024.
In many instances the Trustees act as agents for the Charity and make purchases on tts behalf.
using cred¢1 cards to meet the costs of travel or lo purchase book or other rtems in the same way
as other personnd of the Charty. Such expendtiure is not related to the services provided as a
Trustee.
22

LifePoint Church
Company Limited by Guarantee
Notes to the Flnancial Statements (rontinu¢dJ
Year ended 31 March 2024
15. Tanglble fixed assets
Freehold Fixtures and
prop
fittings
Totsl
Cost
At 1 Apr 2023
Addttion5
DisFx)sals
Revaluatior
675,000
77.045
5.475
{2.500)
4.347
752,045
5,475
{2,500)
4.347
Al 31 Mar 2024
675,0(X)
84.367
759,367
Depreclatlon
At 1 Apr 2023
Charge for the year
Oisposals
Revaluations
38,642
8,536
{500)
3,976
38,642
22,036
{500)
3.976
13,51X)
At 31 Mar 2024
13,500
).654
64,154
Carrylng amourrt
At 31 Mar 2024
661,500
33.713
695,213
713.403
At 31 Mar 2023
675.000
38.403
16. Dobtor¥
2024
2023
Other debtors
79,798
71.491
17. Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafis
Accnjals and defeTred intr&me
Social security and other tsxes
Other creditors
6.373
10,928
3.573
14.932
7,223
19,034
26,257
35.806
18. Creditors: amounts falllng duo after more than ong yoar
2024
2023
Bank loans and OV￿raftS
119.420
124,943
The loan is seryjred by fixed charges over the LrfePoinl Centre, Ffynone Road. Swansea, SA1
6BT.
23

LifePoint Church
Company Limited by Guarantse
Notes to the Financial Statements Ironthju
Year ended 31 March 2024
18. Creditors: amounts falling due after more than one year (Gondnu8dJ
The loan was taken out in 2010 for a period of 25 years al an interest rate lor 2023124 of 6%.
Repayments were made at £1.271 per mnth.
Interest payable during the year totalled £8.968 (2023: £5.779).
19. Penslons and other post rgtirement benerrts
Deflned contributlon plans
The amount recognised in income w expenditure as an expense in relation to defined contrilxrtion
plans was £3.11 S (2023: £1.780).
20. Analysis of charitablo funds
Unrestrlcted funds
Gains and
At
losses 31 Mar 2024
1 Aw 2023
In(￿me Expenditure
General funds
Revaluation reserve
Fixed asset fund
69.053
153,642
713,403
317.830
1245,443)
141.440
153.642
695,213
990.295
10.322
{28,512}
(273.955)
936.098
328.152
Gains and
At
losses 31 Mar 2023
1 Apr 2022
Income Expenditure
General funds
Revaluation reserve
Fixed asset fund
226,731
174.031
{331,708)
69,054
153,642
713.402
153.642
524.085
125.614
63,703
7S).816
299.645
{268,IJ05)
153,642
936,098
Restrlcted funds
At
1 Apr 2023
Gains and
At
losses 31 Mar 2024
Income Expenditure
LffePoint Pembroke
LrfePoint Neath
Joseph Fund
HOPE
Mayhill Building Fund
Neath Building Fund
48.669
65.136
48.257
49,384
(49,021)
(35,779)
{1.250)
{7,342}
47,905
78,741
4,294
2,850
1,080
1,000
192
720
1,000
10,0
24

LifePoint Church
Company Limited by Guarantee
Notes to the Financial Statements (condmm
Year ended 31 March 2024
20. Analysis of charitable funds (condnued)
Ransomed
India
Kenya
SCC HOPE grant
Pembs HOPE
Pembs Joseph
Pembs Ukraine
Nealh HOPE
Neath People & Places
Mayhill HOPE
2.122
1.416
3.880
3.000
1.750
2.540
247
233
9.780
1.830
11,740)
11,027)
13,780)
{3,000)
(679}
{790}
(147}
(120}
382
389
100
1,071
1,750
100
113
9,780
1661
149,489
{1,896)
1106,5711
121.261
134.799
At
1 Apr 2022
Gains and
At
losses 31 Mar 2023
I￿orne ExI￿nditUre
LrfePoinl Pembroke
LrfePoinl Nealh
Joseph Fund
HOPE
Mayhill Building Fund
Nealh Building Fund
Ransomed
India
Kenya
SCC HOPE grant
Pembs HOPE
Pembs Joseph
Pembs Ukraine
Neath HOPE
Neath People & Pl￿5
Mayhill HOPE
64.838
33,195
32.175
59,017
(48,3441
(27.0761
48,669
65.136
78
7.143
(7.0291
192
720
1.C(10
105.015
98,695
(82.449)
121.261
25

LifePoint Church
Company Limited by Guarantee
Notes to the Financlal Statements iconthjwd)
Year ended 31 March 2024
20. Analysis of charitable funds (conthued)
LllePolnt Pembrokeshlre
Fund has been restricted to the geographical area of Pembrokeshire. The balance re5uIt5 from
cumulative surpluses over expendibjre receNed which wll be spent wthin the county on charitable
aclivilies.
LrfePoint Neath
Fund has been restrtcted to the geographical area of Neath. The balarKe results from cumulative
surpluses ovw expenditure recENed which will be spent within the county on charitable aclrvilies.
Joseph Fund
Fund has been restricted to assist church members in need as a direct consequence of the
pandemic. Pembrokeshire has a separate Joseph Fund.
HOPE
Fund has been restricted to assist people in need. Pembrokeshire has a separate HOPE fvnd,
as do Nealh and Mayhill.
Mayhill Building Fund
Fund has been restricteij to assist Iwth payments re￿ting to the Mayhill building.
Neath Building Fund
Fund has been restricted to assist wbth payments relating to the Neath buikling.
21. Other finandal commltments
At the year end the charity had intentions to support a number of indwiduals and organisalions lo
whom the Trustees have promised ongoing finarrial support, until the nature of the recipients work
changes signrftcanlly in some respect. Whenever a significant change ￿CUrS a re-asses5menl
of support is undertaken by the trustees.
The Gharilable minislry support (to indude expenses) paid during the year as 8 result of suGh
commitrnenls tolalled £95,986 (2023 £81.036} and was paid by monlhly inslalments.
The charitable grants paid to Ministries Without Borders during the year as a result of such
commitments tolalled £32.41112023 £23.151 }.
£6.798 relating to the above intentions were held in the bala[￿ sheet at the year end {2023
£6.236).
22. Related partles
The charity is a member of 2 nelwork of churches - Ministries Wtthout Borders whose charlty
registration number is 1095446 arKI whose principal Offi￿ is PO Box 4252. Cardlff. CF18FA.
Dudng the year grants lotalling £32,411 (2023- £23.151) were made to Ministries Without Borders.
These grants were seen as support to a connected charity which is ￿￿IllIng objectives similar in
nature to those of LitePoint Church. The amounts oulstanding at the year totalled £6.798
{2023- £6.236).
26

LifePoint Church
Company Limited by Guarantee
Management Inforniation
Year ended 31 March 2024
Tho following pages do not form part of the financial statgments.
27

LifePoint Church
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Incomo and endowments
Donations and legacles
Tithes and Offerings
Special offerings
People and Places Fund
Gift
Building Fund
HOPE
Youth
Charitable acltvilies
Overseas aid donation$
Grants recewable
326.526
1.530
10.080
70.197
1.920
10.888
2,362
292.309
15,631
2,770
62,363
2,030
7,143
107
1,000
6.013
5,810
435,326
383.353
Other trading activities
Rental income
FIT Income
4.138
7.712
6.959
3.761
11.850
10.720
Investment Incomt
Bank interest receNable
15.775
4,2fj7
Total Income
462,951
398,340
28

LifePoint Church
Company Limited by Guarantee
Detailed Statement of Financlal Actlv5tles (condft
Year ended 31 March 2024
2024
2023
Expenditure
Expenditure on charltabl¢ xtivitiOS
Wages and salaries
Employerfs NIC
Pension costs
Rent
Rates and water
Light and heal
Repairs and maintenance
Insurance
Other estsblishment
Other motorltravel costs
Legal and professional fees
Telephone
Other office costs
Depreciation
Interest on bank loans and overdrafts
Other interest payable and similar charges
Ministry support
Conference. function and events
Catering and hospitality
Project expenses and purchases
Donated gwds and gffts
IT systems and hosting
Grant funding of actlvities
Sundry
Cleaning
Overseas Projects
88,882
1,953
3,115
1,411
567
6,918
13,083
7,576
7,d43
144
9,078
1,357
7,791
22.036
8,&58
1.520
79,361
5,926
11.293
94,409
1,651
1,780
1,728
13.033
9.791
2.195
6.546
4.201
23.290
4.9)0
1.633
81.420
5.208
16.939
43.828
7.765
7.266
3.190
32.575
107
6.481
6.417
23,151
6,931
378,526
350.454
Other expenditure
Loss on disposal of tangible fLxed assets held for chartvs cvm use
2.000
Total expendlture
380.526
350.454
Net income
82.425
47,886
29

LifePoint Church
Company Limited by Guarantee
Notes to the Detailed Ststement of Financial Activities
Year ended 31 March 2024
2024
2023
Expenditure on charitablg a¢tivities
Charitable actlvities
Activities undertaken dirocty
Wageslsalaries
Employerfs NIC
Pension costs
Other premises
Molorltravel costs
88.882
1,953
3,115
7,443
94,409
1,651
1,780
9,791
r ji
2.195
2,840
81,420
5,208
16,939
43.828
Office costs
Ministry support
Conference, function and events
Catering and hospitality
Project eXper￿S and purchases
tr systems and hosting
Sundry
4,156
79,361
5,926
11,293
44.068
3.190
107
55
249.638
260,116
Grant fundlng actlvitles
Donated g(x)ds and gifts
Grant funding of activities
Overseas Projects
7,266
32,575
6,417
7,765
23,151
46,258
30,916
Support costs
Equipment hire and servidng
Rates & water
Light & heat
Repair5 & maintenance
Insurance
Legal and professional fees
Telephone
Other office costs
Depreciation
Inleresl on bank loans and overdrafts
Bank charges & transaction fees
Cleaning
1.411
567
6,918
13.083
7,576
7.055
1.357
3,635
22,036
8,968
1,520
6,481
1,728
13,033
2,672
1,361
23,290
4,WO
1,633
6,931
80.607
55,548
Govornance ¢05ts
Governance costs- accountancy fees
2.023
3,874
Expendlture on charltsble activities
378,526
350,454
30