## **LIFE TRANSFORMATION CHURCH, NEWCASTLE UPON TYNE.** ## **Trustees’ report and Financial statements** ## **For the year ended 31st December 2022** **Legal and administrative information** **Registered Charity Name** Life Transformation Church, (Newcastle upon Tyne) **Charity Number** 1136290 **Business address** Life Transformation Community Centre Havelock Place High Elswick Newcastle upon Tyne NE4 6JT **Trustees:** Dr. Julius Fashanu Appointed 27 Dec 2009 Mr. Robert Reeves Appointed 27 Dec 2009 Ms. Magret Chataika Appointed 27 Dec 2009 Mrs. Winifred Fashanu Appointed 27 Dec 2009 Rev. Pre Ovia Appointed 27 Dec 2009 Mr. Michael Adebayo Appointed 04 Dec 2016 **Independent Examiner:** Mr. John Bedigan 24 Otterburn Road North Shields Tyne and Wear NE29 9BJ ## **Bankers:** HSBC plc, 110 Grey Street, Newcastle upon Tyne NE1 6JG 1 The trustees present their report and the unaudited financial statements of the charity for the year ended 31st December 2022 ## **Reference and Administrative Details** Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 2 of the financial statements. All the Trustees who served during the period were as listed on page 2. ## **Structure, Governance, and Management** Life Transformation Church is a registered charity, registered number is 1136290. ## **Governing Document** Life Transformation Church is governed by its Constitution, adopted 27th December 2009. ## **Governance and Management** The Trustees, who are appointed in accordance with the requirements of the constitution, meet on a regular basis to decide overall policies and financial matters. The only Trustee who does not attend in person regularly because of his location from Newcastle has always been kept informed of the matters regarding the charity and most often his contributions are usually noted and discussed during meetings. It is important to mention that, this member of Trustees is always in attendance during our 3-day special anniversary conventions every year. When it is required, new Trustees are elected by the existing Trustees and members of the charity. Each new Trustee is provided with a copy of the charity’s constitution and is made aware of the advice obtainable from charities commission in respect of Trustees duties and responsibilities. The Trustees meet regularly to discuss matters of governance. The chairman also appoints various heads of departments who report functionally to a member of the trustees or the sub-committee. These are heads of Choir, Children, Youth, Technical and Media, Ushers, Building committee, Planning committee, Prayer, Hospitality, House Caring Fellowship, Cleaning, Publicity and Evangelism and they meet regularly and whenever the need arises; and most especially during preparations for our yearly regular events. 2 ## **Objectives and Activities:** ## **Charitable objects** The Trustees have the responsibility of running the charity and promoting its various values in line with its charitable objects which are as follows: ## **Activities to achieve the objects** 1. Pastoral Care – The Trustees are committed to carrying out a pastoral needs analysis with a view to identifying persons who are in hardship and are in need of care. The Charity responds by providing financial help, prayers and counselling. This is provided to anyone who is in need of pastoral care and it is offered without any discrimination or prejudice. 2. Educational – In line with its charitable object, the Trustees provided monthly evangelistic forum in various communities in Tyne and Wear for people of different persuasions, classes, cultures and race to enable them to learn about the Christian Faith. 3. Spirituality – This is provided in the Christian context through worship, prayer and preaching. The Church helps members of the parish to live out their Faith and trust in Jesus Christ through practical teachings and illustrations/applications of Biblical doctrines. 4. Missions – The Charity is committed to missionary activities around the world. ## **Achievements and Performance** The following is a summary of some of our achievements and performances this year. - During this financial year 2022, Life Transformation Church, organised and hosted numerous activities which were physically held in the church and also online. Programs such as Sunday services, Friday services, FAPUSSH were held physically in the church premises while the Sunday school bible studies were held online 3 Saturdays every month. - Anniversary programs, Women of Glory conference and praise and worship programs that promote social cohesion and skills building for the benefit of the local and wider community were held physically and broadcasted live through social media platforms such as Facebook, YouTube, etc. 3 - Homework study club for pupils and the Gr8 Youth activities were held every Friday after school hours. - The Trustees decided that it will continue to engage with the community through its monthly evangelistic program and other social cohesion events by investing in streaming instruments to enable live broadcasting of all programs. - The charity has been operating from the community hall of the premises that were secured on a long-term lease as a permanent place of worship since the beginning of the year 2010. Additionally, as a result of the progress of the building repair and restoration which commenced in 2014, the meetings progressed to be held in the vestry part of the church building for church prayer meetings and children activities. Since December 2021, the main church building has been opened for full church services. Therefore, the whole premises are fully functional as from December 2021 upwards. - At the beginning of the year, the charity employed a church member under the Minister of Religion sponsorship visa as the Director of Evangelism and Outreach Church Minister. - During the year, the charity hired its premises to other Religious denominations, mainly the community hall upstairs. The downstairs part of the community has a long term users. - The major popular annual events such as: the Easter events and the Christmas carols by candlelight, Summer activities and Annual anniversary convention, Praise festival and Cross-over service which attracted a number of community members were held during the year 2022. - The charity also sent money to United Christian Broadcast in the UK as a donation for receiving “Word for Today” quarterly devotional booklets for Church members. Other charitable organizations that were also supported included the Christian Aid and Mercy ships, UK. - The Charity is a member of Together in Christ (Churches in Newcastle) and has been involved with projects that help, listen and care for vulnerable people. The senior pastor meet as often as possible every week with other church leaders via the ZOOM platform for prayers for the city, nation, and other matters that promote cohesion and 4 leadership unity. We are also part of the Tyneside Leader’s Forum which meets twice a year at a Mansion house in the city. - Special seminars and activities which addressed the needs of singles and couples within the Church community in order to promote and enhance family unity and uphold marriage values were held online. The charity will continue to support and promote these programs as part of the main activities of the church. - Women within the community were given opportunities to socialize, interact and pray for each other via the weekly mothers’ prayer group held every Wednesday evening. They also hold annual convention which is titled “women of Glory convention” and this affords our women to meet and socialize and relate with other women nationally and internationally. - The regular monthly meetings of the Men group within the church which enhance greater fatherly roles in the Church and help family stability within the society were held every third Saturdays of each month at an agreed location. Father’s day activities were also held during the year and these helped the men in the church and the wider community to interact positively. - During the year, the main church building was used to host the first wedding ceremony since the commencement of worship services in the building. The ceremony was glorious and had more than 100 people were in attendance. The Charity continues to enjoy the services of various volunteers. All volunteers worked so hard day and night to make our Church the lively and vibrant community that it is today, and we are immensely grateful to every one of them. The Trustees reiterate that the success of the Charity could not have been achieved were it not for the priceless contributions of all those who volunteered to serve, for example, the pastoral team, members of the Core Team, and Heads of Departments and their teams. Once again, the Trustees would like to thank every Church volunteer for their excellent and relentless contribution; and we pray that our Almighty God will reward each one of them abundantly in their endeavors. ## **Financial Review** The income of the Church is derived predominantly from donations by the members through voluntary gifts of Tithes and Offerings. Total receipts on unrestricted funds during the year amounted to £76,501.00 whilst total receipts on the restricted funds amounted to £260.00. The 5 restricted funds were meant for the building project fund which is specifically being used for the restoration and renovation of the Church building and the church hall. The Charity will continue to process gift aid claims arising from Gift Aid donations from the Inland Revenue as we had done in previous years. This year, the Charity is carrying forward a total unrestricted fund of £2,320.00. ## **Statement of Responsibilities of the Trustees:** The trustees are responsible for preparing the annual report and the financial statements in accordance with applicable law in United Kingdom Generally Accepted Accounting Practice. Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Make judgments and estimates that are reasonable and prudent - Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Independent Examiner** : The charity Board of Trustees agreed that Mr. John Bedigan should continue to act as the independent examiner for the Charity. The report was approved by the board of trustees on……………………… Date:………..... 28th November, 2023…………… and Signed on behalf of Board of Trustees by _Chairperson, Dr. Julius Fashanu (Ph.D., Newcastle)_ 6 Life Transformation Churcb Havelo¢k Pla¢¢ Community Centre Newcastle upon Tyne LYE4 6Jr Chlrlty Re2lstered Number 1136290 Finaticial Statcment Year ended 31 December 2022 Jolm Bedigan Accountontand Tox Copuultant 24 Otterburn Road North Shi¢ld8 Tyn¢ and Wear NE29 9BJ TeVFax 0191258 5521 Email: JohnBedigan@mail.co Llfe Transformatlon Church Rec¢lpts and Payments Account Year ended 31 December 2022 UnresMct¢d Fund9 Reutricted Fundi Total 2022 TotAI 2021 Bulldlng N•rthumbr VRU HerltAge L4btttry Fund Recelpts Tithes 4t￿ off¢ring& Rent Teccived 59490 59490 36517 3450 3450 2700 Building fund Interest rcceived 260 260 Gift Aid"lax 9468 9468 5156 Books 50 Gr￿1￿ Men's Group Othcr 3070 3070 1014 1014 359 76501 260 76761 50333 Paynwots Rcnt and rate 9471 9471 8819 3857 IDsuran¢c 4221 4221 Fleating and lighting Building maInkn￿￿c and ¢kaning Other rep8ilS Fquipmeiit and filting6 Profcs6ional re￿ and iiceuce8 BU￿d]llg renovation Bank clwgei Stationery and book% Childr¢n 8ttd youth ministry Tr&nsp¢)rt Ministy fe¢3 aTHI ￿laD'e8 Pe￿oll contributi¢Jn5 3566 5S66 7733 2538 2538 848 17173 1337 5019 2919 1443 17173 1337 312 14432 189 731 200 14692 13861 189 32 731 374 513 513 168 2843 2843 1769 750 13142 13142 325 2015 325 Charitios and Pastoral gifis CoufereDce5 &TLd events 201S 1950 2695 2695 824 Adv¢rty aud publicity Sulldries T¢lecornmunicptions 645 125 801 801 563 79485 260 79745 50518 N¢t Surplus (d¢ficKt) before transfers sU￿lUs (d¢ficit} brought forw￿1 (2984) (2984) (IfAI28) (185) {16028) (15843)1 Adjus*d surplus (deficit) canied forward (19012) (19)12) (16028) Life Transformation Church Movement of Funds Op¢nlllg Current account Closlng b4laaceg cu￿eTIt account 1297 1323 Dcposit aCcoU￿t C48h in hand 4000 Dcposit account Cash iti hand 1000 531H 2320 D¢ficit forth¢ y¢Ar 2984 5304 5304 Llfe Tranrformatlon Church Statememt of AJiets and Ll4bilitiei 4t 31 December 2021 Fund to whleh *Met belonp R¢Ntrict¢d B￿k bilatsce8 casb Unrestricted 2320 C￿t Current v•lue Restricted" 479250 479250 Alieti ret1th￿ for th• ¢h8rity'i ui¢ Churcb impmvem¥Dts and ftxture8 tjnrestricted 88¥22 88822 Equipment Unre5tri¢t¢d 44148 24586 Signed on behalf of the trust¢es Signature Date D81¢ - -  �   � � ��� � -  �    �  � !"#$%� � � - &�'()*'+�*,�+-(�.//*0,+1�*2�+-(�/-0'/-�2*'�+-(�3(.'�(,4(4�56�7(/(89('��:��;� � < =�     �� � �  �� � >-(�/-0'/-?1�+'01+((1�.'(�'(1)*,1@9A(�2*'�+-(�)'().'.+@*,�*2�+-(�.//*0,+1;��>-(�/-0'/-?1�+'01+((1�/*,1@4('� +-.+�.,�.04@+�@1�,*+�'(B0@'(4�2*'�+-@1�3(.'�C0,4('�1(/+@*,�6DD�*2�+-(�E-.'@+@(1�F/+��:66�C+-(�E-.'@+@(1�F/+GG� .,4�+-.+�.,�@,4()(,4(,+�(H.8@,.+@*,�@1�,((4(4;�� � &+�@1�83�'(1)*,1@9@A@+3�+*I�� � JK (H.8@,(�+-(�.//*0,+1�0,4('�1(/+@*,�6DL�*2�+-(�E-.'@+@(1�F/+M�� - JK � +*�2*AA*N�+-(�)'*/(40'(1�A.@4�4*N,�@,�+-(�O(,('.A�7@'(/+@*,1�O@P(,�93�+-(�E-.'@+3�E*88@11@*,� 0,4('�1(/+@*,�6DLCLGC9G�*2�+-(�E-.'@+@(1�F/+M�.,4�� - JK � +*�1+.+(�N-(+-('�).'+@/0A.'�8.++('1�-.P(�/*8(�+*�83�.++(,+@*,;� � - Q  ��  �  �� � R3�(H.8@,.+@*,�N.1�/.''@(4�*0+�@,�.//*'4.,/(�N@+-�+-(�O(,('.A�7@'(/+@*,1�O@P(,�93�+-(�E-.'@+3� E*88@11@*,;��F,�(H.8@,.+@*,�@,/A04(1�.�'(P@(N�*2�+-(�.//*0,+@,O�'(/*'41�S()+�93�+-(�/-0'/-�.,4�.� /*8).'@1*,�*2�+-(�.//*0,+1�)'(1(,+(4�N@+-�+-*1(�'(/*'41;��&+�.A1*�@,/A04(1�/*,1@4('.+@*,�*2�.,3�0,010.A� @+(81�*'�4@1/A*10'(1�@,�+-(�.//*0,+1T�.,4�1((S@,O�(H)A.,.+@*,1�2'*8�3*0�.1�+'01+((1�/*,/(',@,O�.,3�10/-� 8.++('1;��>-(�)'*/(40'(1�0,4('+.S(,�4*�,*+�)'*P@4(�.AA�+-(�(P@4(,/(�+-.+�N*0A4�9(�'(B0@'(4�@,�.,�.04@+�.,4� /*,1(B0(,+A3�,*�*)@,@*,�@1�O@P(,�.1�+*�N-(+-('�+-(�.//*0,+1�)'(1(,+�.�U+'0(�.,4�2.@'?P@(N�.,4�+-(�'()*'+�@1� A@8@+(4�+*�+-*1(�8.++('1�1(+�*0+�@,�+-(�1+.+(8(,+�9(A*N;�� � �  �  �� � &,�/*,,(/+@*,�N@+-�83�(H.8@,.+@*,T�,*�8.++('�-.1�/*8(�+*�83�.++(,+@*,I�� � 6�� N-@/-�O@P(1�8(�'(.1*,.9A(�/.01(�+*�9(A@(P(�+-.+�@,�.,3�8.+('@.A�'(1)(/+�+-(�'(B0@'(8(,+1I� JK +*�S(()�.//*0,+@,O�'(/*'41�@,�.//*'.,/(�N@+-�1(/+@*,�65:�*2�+-(�E-.'@+@(1�F/+M� - JK � +*�)'().'(�.//*0,+1�N-@/-�.//*'4�N@+-�+-(�.//*0,+@,O�'(/*'41�.,4�/*8)A3�N@+-�+-(� .//*0,+@,O�'(B0@'(8(,+1�*2�+-(�E-.'@+@(1�F/+�-.P(�,*+�9((,�8(+M�*'� � - �� +*�N-@/-T�@,�83�*)@,@*,T�.++(,+@*,�1-*0A4�9(�4'.N,�@,�*'4('�+*�(,.9A(�.�)'*)('�0,4('1+.,4@,O�*2� � +-(�.//*0,+1�+*�9(�'(./-(4;� � � � � V*-,�W(4@O.,� � F//*0,+.,+�.,4�>.H�E*,10A+.,+� �D�X++('90',�Y*.4� Z*'+-�[-@(A41�